A couple of days I read a post of an user saying that the only winners of crypto are the exchanges.
He's fucking right. So join them. Invest in an exchange.
Flyp.me is an instant exchange. Half of its profits gets distributed to FYP token holders.
Volume is nicely rising.
Market potential is enormous.
Token valuation is ridiculously low.
Do not miss this one, user.
Other urls found in this thread:
hitbtc.com
flyp.me
twitter.com
Reason why this volume is exploding as we speak is because blockonomics got raped by shapeshit KYC and switched to flypme.
The first of many.
Looks like its nothing out of the ordinary
June volume was 500 btc.
Is it an actual exchange with an order book or just another shapeshift?
During those months they expiremented alot with super low fees. The volume fluctuated alot from day to day.
They made a very low profit on that volume.
Third quarter had lower volume but they stabilised the fees and they saw decent profit. The past two weeks volume is seeing a very nice rise and I believe its legit (no fee tinkering)
Another shapeshift with no KYC and sign up. Could take a lot of their market. Why?
So where do you see this going?
So if you count all tokens it has a market cap of just over a million.
Last quarter they had a volume of just shy of 3 million USD and delivered a payout of 46 ETH.
These ether were generated during a downward market. So at the time of the profit taking they were worth 333 dollar (the 90 day moving average at the end of the quarter) a piece or over 15k.
So the payout to volume that they can do is about 0.5%.
At market peak in December Changelly did about 25000 transactions a day. Today FlypMe performed 70 transactions of about 1000$ a piece. If we assume the same average transaction value Changelly saw a volume of 25 Million a day at the peak.
That is 2.25 Billion in a quarter. At this volume the quarterly payout could be as high as 11 Million, compared to the 15k of last quarter.
Token valuation should definitely follow the same curve.
How do I invest in this exchange?
Unfortunately you have to buy the tokens on hitbtc.com
It's a bit shady exchange but well...
I'd transfer them to an ether wallet soon though.
You can also buy the tokens via the FlypMe exchange itself.
flyp.me
Yeah but how would this get as big as changelly and that was the very top of the market, it didnt last 3 months.
Is this a better exchange investment than binance?
Doesnt have to.
Even if it only becomes 10% of changelly and the market only grows to half as big as it was around new years then were still talking of a payout of half a million. That's a 30-40 fold increase from today.
Take into account a bit loftier valuations compared to this depressed market and you get yourself a 100 bagger already.
You mean binance coin?
Fuck it, I'm going in.
It's one of the only coins I can actually unironically still afford to buy 100k of.
We better meet on the moon OP, else you're a faggot
Kek.
Don't forget to shill normies to use the exchange on r/shapeshift and r/changelly once in a while, based astrobro.
Binance is already the #1 exchange and the binance coin value will decline when it doesnt pay for fees as much as it does now.
Holy shit!
Blockonomics just started using Flyp.Me
Proof 1 of 2.
Proof 2 of 2
Nice!
It's a poo, but what ya gonna doo.
So 50 btc a week seems a given huh?
That's like 50% higher than last quarter. Cant wait to get my payout. Ended up only buying 35k since I'm poor. Hoping for 0.1 ether per quarter. Is that realistic?
5000 merchants, kek
bump