Coni - con, it's literally in the name, how could I be so dumb, 30% down on this garbage
1/10 fud, fuck off pejeets. We all know you are trying to fud this
you got the coinbenis nodding bersonal gid :D
Create shitty exchange, fake traffic. Sell token with large promises . Use first sales to provide dividend for the first customers. Then stop the traffic. Let the coin bleed
Rinse and Repeat
If it's so fucking easy then why don't you do it user, remember biz fud is cancer
Even with the recent wash trading discounted and the regular 40% dividend rate CONI is still undervalued.
With 10K CONI I made 0.08 ETH in just 8 hours holding.
Even if the dividend is cut to only 1/10 of it, this is still way too undervalued.
Esp considering that coinbene is the biggest exchange is southeast asia, with daily volume about $90M per day before this promo start.
Agreed dude, seems like the price is suppressed because of get CONI by trading competition.
Once it's over we can expect some price action and the price will reflects the dividend.
>he bought chink knock off brand coinbase
Holding 10k gives you ~0.08 eth every 8 hour? This can't be right
>he bought the 185th bitconnect clone
Yep, 0.01 ETH every hour.
Price should've reflect the dividend but because of get coni by trading competition, the price is suppressed.
Once the competition ends (should be in the few days), the price should reflect the dividend.
This may sounds too good to be true but CoinBene is an already established exchange before this.
And the dividends don't lie.
No that’s about correct. Dividends have been increasing every day, went from like a total of 50eth per hour to up to 300 eth per hour and that’s only the second day of the competition
The price is ultra controlled either by coinbene or by some whale. If you watch trading they have someone with a stack of over 650k pushing the price down. And another guy with around 350k or the same guy boosts it back up
Can you withdraw the eth you get from holding as soon immediately or is there some kind of condition before you can withdraw?
You need 2fa and a 6 digit pin of your choice, takes 30 seconds or less
You can also instantly buy more coni for unlimited gains
Ok last question, what could make the dividends go down? Did they guarantee 40% forever?
literally ether shrimp farm 2.0 type ponzi and you’re late. enjoy losing all of your money unironically
This month until 22 July the dividend is 100%.
After that it'll be 40% forever.
The dividend is paid in ETH not dust.
Alright, thanks for the info, sounds too good to be true desu but I'll do a bit more research on my side and if it checks out I'll jump in
How is it like a ponzi structure? You're not passing bags on to anyone else. Volume may go down after trading bonuses end but, as others have said, the returns are still ridiculously high
Return is high because the price is manipulated low and still doesn't reflect the dividend.
Once the trading competition is over the price will reflect the dividend.
So if you sell before the competition ends (which will lower volume thus lower divs), then rebuy the dip and collect 100% trading fee divs for the rest of the month, then sell before divs go down at the end of the month and rebuy again for 40% divs, you should be fine? can i set a stop loss on coinbene?
its bots trading back and forth
you get 130% of trading fees back as CONI, so they just buy and sell 24/7 with a net plus
I predict withdrawal issues in coinbene's future
this is a ponzi because they're paying the dividends not from trading fees but from money they collected selling a coin they printed out of thin air