Someone has no idea how the token works... seriously what is with the supply fud does anyone actually buy that? Lol
MAKE IT STOP
Except they literally can't because it is locked up until 2020. Even then, it will be released at set intervals.
why did you sperg out and post a second time 3 minutes later. did the truth sting so much???
>someone has no idea how marketcaps work. if they release the new tokens the project SUDDENLY gains a ton in mcap. it doesn't matter how long the tokens are locked up. you have to price it in from the start otherwise you get burned. otherwise please tell me why no one is buying RSR at this "fire-sale prices"?? seems like you guys are the only ones thinking the price is fair/cheap lmao. the market is telling you otherwise. good luck with that trading comp tomorrow lmao.
For real though this is gonna hit new lows again tonight. I don't even think it has life. It's just gonna bleed slow.
God I wish I was new to crypto again, such an exciting time lol
could you guys explain in detail how the person you're responding to is wrong
Do I really need to go in detail about how a stable coin and it’s backing crypto interact a la mkr dai? Why can’t he just do research, it’s not my job to spell it out... sigh
They're not wrong. I admittedly got burned. I'm going to try and margin trade my way out and hope that Huobi's gay little event brings in some bizness.
according to the generally accepted "law of one price" the market price of an asset stabilizes around it's fair value. the market is efficient, there are theoretically zero arbitrage opportunities. this implies: the current market price of an asset is it's fair price according to the information of the market participants. this is asset pricing 101. so i ask you again: why is the price crashing every day and the order book empty? what do you know what the market doesn't? i am curious...
i think it will dump but who gives a fuck actually. it's dead on arrival. people think they got scammed.
they can't because i am right.
Even if this coin does fail, I have made hundreds of thousands of dollars off of so many tokens that have had the same stuff said about it, I can handle the risk. It seems like you can’t though and I would suggest not going in honestly.