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/biz/ - Business & Finance

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9722748 No.9722748 [Reply] [Original]

This shit is not dumping...wtf?

>> No.9722764

yeah shouldnt the token on ethereum be absolutely worthless now?

>> No.9722767
File: 7 KB, 212x237, 1515136859766.jpg [View same] [iqdb] [saucenao] [google]
9722767

>>9722748
I bought 2k of it like 20 minutes ago then panic sold when it started dumping and lost 30 dollars. I think I did ok.

>> No.9722773

>>9722764
It is. So?

>> No.9722791

>>9722773
so who the fuck thinks buying something that has millions of frozen worthless supply that got copied to the eos mainnet is a good idea? it should be at 0 already

>> No.9722802

>>9722791
I do. I see the frozen thing absolutely irrelevant to the price.

>> No.9722813

>>9722791
how are you this retarded?

>> No.9722817

>>9722767
you panic sold on a less than 1% move lmao?

>> No.9722820

>>9722791
>being this retarded

>> No.9722877

>>9722802
>>9722813
>>9722820


you guys are literally retarded
eos on ethereum won't just mirror the price on the eos mainnet.

it will drop to zero because it has zero value
nobody will buy a worthless token at 15$

>> No.9722900

>>9722877
I cannot understand how a person with such low intelligence can be in crypto.
You're NOT trading the erc20 token on those exchanges, you retard. It does not matter AT ALL that the old erc20 tokens are worthless.

>> No.9722903

>>9722877
I'm pretty sure EOS tokens on eth can not be traded. Do you just like making shit up?

>> No.9722919

The major exchanges are handling the conversion dumb dumb.

>> No.9722924

>>9722877
They are just representative at this point. When people cash out those erc's get substituted.

>> No.9722935

i dont understand how is the price moving then even if all the supply is frozen?

>> No.9722948

>>9722935
How is that relevant to the price?

>> No.9722950
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9722950

>>9722767
ts going back up, ATH by monday

>> No.9722953
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9722953

and why in the hell would they be buying if registration is over

my brain

>> No.9722964

>>9722767
You are officially a /biz/ expert

>> No.9722975

>>9722948
because the tokens on ethereum are literally worthless right now

>> No.9722998

>>9722975
So? You're not trading erc20 tokens directly on those exchanges. You're trading whatever the exchange will allow you to withdraw later. How is that so complicated for everyone here?

>> No.9723018

>>9722998
the whole EOS community is brain dead, they know nothing about how blockchains actually work.

>> No.9723042

>>9723018
I would say it's not specific to EOS.

>> No.9723052

>>9722998
what are you even saying?

people registered their eos adress
now they get the same amount of eos after the mainnet launches fully (presumably 1-2weeks)
their eos in ethereum is frozen (i guess forever)so it's worthless
the eos token itself in ethereum is also worthless because there is no use for it
so why would anyone buy it at any price at all?

>> No.9723064

>>9723052
here >>9722924

>> No.9723068

>>9723042
true but now these brainlets are being put through the most complicated token swap in the history of cryptos, so not understanding how it works actually matters with this

>> No.9723071

>>9722975
something being worthless and having no value because it cant be traded isn't the same thing.

null != 0

How can you be this much of a dumbass.

>> No.9723082

>>9723052
Because the exchanges are giving you IOU's for tokens that you don't actually physically get until you withdraw. I can't believe we have to explain this kind of shit on here.

>> No.9723089

>>9723052
Oh for fucks sake. You're NOT buying erc20 tokens on an exchange. You're buying a symbol (EOS). It will become the real EOS after mainnet, because you are going to be able to withdraw real EOS.

>> No.9723113

>>9723068
It's not even technical knowledge, this is pure stupidity in some cases. How are those people on /biz/ talking about crypto at all is a mystery to me.

>> No.9723141

>>9723089
oh i get it the people trading right now are only people which registered their adress already
thanks

>> No.9723159

so it will only drop to zero once the mainnet swap is done

>> No.9723164

>>9723141
No. That has nothing to do with it.

>> No.9723169

>>9723141
holy fuck lol this is either some top bait or your'e honestly braindead

>> No.9723179

>>9723159
Also no. At this point I'm going to assume you're trolling. Nobody is that stupid, not even on /biz/.

>> No.9723184

Are you niggers seriously this stupid? Exchanges happen off the blockchain. The exchanges tokens are frozen, true, but when mainnet launches the exchanges wallet will be credited with mainnet tokens. This means you can withdraw the tokens you are buying right this instant for real eos in a few days. Which means the tokens are no more or less valuable than they were a few hours ago, airdrops notwithstanding.

>> No.9723191
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9723191

>>9723141
Now I am confused.

>> No.9723208

me too
i tried googling and searching their site for detailed explanation but haven gotten too far cuz of laziness

>> No.9723219

>>9723208
I went all in today. This is why I am scared.

>> No.9723235

>>9723219
shit man dont get advice from me or biz in general im stoned out of my mind

>> No.9723237

>>9723052
The registered tokens are frozen. You cant sell them. Trade is impossible. They are stuck in your account till the end of time.

The only thing you can trade right now is imaginary placeholders that exchanges made up that dont actually exist on a blockchain. When main net launches you can withdraw these as real mainnet eos.

>> No.9723248

>>9723052
>>9723089
>>9723052
https://busy.org/@eosgo/how-to-own-your-eos-on-launch-day Explains how and what

>> No.9723251

>>9723235
Just admit you're stupid, don't blame it on drugs. Also get out of crypto.

>> No.9723253

>>9723237
there is a mainnet on eos? I thought it's all sidechains

>> No.9723265

>>9723251
but im up over 60% shorting bitcoin and ether for a while why would i get out this shit is cash

>> No.9723266

>>9723253
There is a main net. Sidechains are made by other people who launch dapps.

>> No.9723274

>>9723265
Because in the long them you're going to get rekt.

>> No.9723292

>>9723274
yeah but the long term is not anytime soon for now i only see crap everywhere desu

the contrast between real companies and crypto communities is like night and day

>> No.9723400
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9723400

>>9723113
the absolute state

>> No.9723546
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9723546

>>9723052
please be larping

>> No.9723661
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9723661

>>9723400
>what is a "mainnet boot"

>> No.9723702
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9723702

>>9722791
>being a retarded retard

>> No.9723805
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9723805

>>9723702
they are literally braindead

>> No.9724599

>>9722767
Kek did the same earlier today

>> No.9724672
File: 280 KB, 400x326, 2c8b02ed3b0695196e00ab3509ec4010dd85f69447a8d5be95bc5d4aa5386bbd.gif [View same] [iqdb] [saucenao] [google]
9724672

Register my EOS? What is this, Nazi Germany?