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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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6469327 No.6469327 [Reply] [Original]

What do you think will happen when this hits binance? I bought at $4.80 and it's been circling the drain for the last few weeks.
Who's HODL-ing in hopes it moons with binance/node fixes? Who's selling and re-buying, betting on a dump?

>> No.6469377

>C++
CALLING ALL NASA SCIENTISTS HELLO!! DO YOU WANT TO INTO CRYPTO??

LMOA

>> No.6469411

>>6469327
Just let this shitcoin die, no point trying to unload your bags, give up already.

>> No.6469426
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6469426

>>6469327
SELL SELL SELL

I NEED TO BUY MORE

>> No.6469499
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6469499

>>6469411
>give up already.

over my dead body

>> No.6469533
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6469533

>>6469411
Heh, you wish broski.

>> No.6469648

Comfiest drain circlin' I've ever been a part of.

It's been circling downward recently because of liquidity issues. With many exchanges reporting a node sync problem, people had to sell their XRB off for other coins to transfer their money out of sketchy exchanges. This constant sell pressure for the past week - combined with a lowered incentive for people to buy on these exchanges (due to the aforementioned withdrawal issues) -
have only dropped the price around 20%.

Concerns with this liquidity problem are valid -
essentially XRB is finally being stress tested at an appreciable scale, and it was bound to run into issues at some point. In recovering from them though, XRB has the following things that most other coins don't:
1) Instant, feeless transactions
2) Scalability proportional to the number of nodes on the network, not a protocol
3) Competent, active devs (https://github.com/clemahieu/raiblocks))

Fundamentals are strong with this one. It ain't going away overnight. Use the dip to accumulate.

$50/XRB by end of Q1, $200/XRB by EOY.

>> No.6469783

Holding 3000 until we hit $150 by end of year.

>> No.6469932

50% portfolio here comfy as fuck

>> No.6471081
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6471081

>>6469648
>With many exchanges reporting a node sync problem

No shit it works worse than IOTA. Have you read reports of people trying to sync their nodes? IT DOESN'T WORK. The devs can't make it work either because it's baked into the coin's design.

>> No.6471470

>>6471081
This realization hurts, make the pain go away.
But it is as it is.

New nodes cant sync
Existing nodes drop sync with rest of network

what is the network then? same as IOTA, what the devs decide. fuck this. shit.

>> No.6471530

do we know when this coin finally hits binance?

>> No.6471539

>>6469932
Newfag

>> No.6471544

Unless there's a comp with prizes it will dump. People who wanted to buy have already bought. The people who are waiting for it to hit Binance are just the weak hands looking for a quick profit.

>> No.6471552

it's great but my FUCKING gains are being kept hostage at BitGrail
I've got around five thousand XRB but I can't move any out because the fuckos won't answer my support tickets or verify me to level 3.
I can only out 0.1 BTC per day. 100 days to get my 10 BTC out yeah fuck that

>> No.6471583

people will buy when it hits binance. the exchanges that xrb is on right now are so unbelievably shitty that most people will not even bother signing up.

>> No.6471608

>>6471470
IOTA actually kind of works now I'll give it that.

>> No.6471615

>>6471583
it's already on kucoin. It's gonna dump.

>> No.6471666

>>6471608
Fuck of IDIOTA boy. IOTA has never worked, and even in theory is retarded.

>> No.6472155

>>6469377

Brainlet detected