Discuss anything relating to:
RenEx
RenVM
REN (the token)
Dark pools in general
Price action / predictions
Competing projects
>Finally, by dividing our total network cash value (1,236,774,123) by the number of anticipated circulating tokens (500,000,000), we arrive at a price per REN of 2.47 USD. That is, with our best assumptions, REN could achieve a value of 2.47 USD per token. This represents an upside of ~26x (2,600% ROI) from its current price of 0.09 USD.
Got my 200k stack at 650 sats. Comfy
just scooped 600k at 940. how fucked am I?
Safe, we're about to break up again.
I panic sold my stack at 950 like the good retard I am. Is it too late now?
Nah, I believe we will hover around 950-1110 for about a week more, the past ath, then 20x by eoy, if mainet release.
I believe
Have you fellas spun up a darknode yet?
Bought 300K from summer 2018 to spring 2019, so I am over 2x against BTC. But them bags, they are getting heavy - my ADHD mind wants to sell to get a dopamine kick and buy the next shitcoin for the next kick.
How do I keep myself from selling, is there some time-lock smart contract for ERC-20 tokens?
I'm treating this as early link. I bought link @ $0.19 last July, sold after coinbase above in the high 30's for sats (Prob around $3.70 - $4.00). Scooped some Ren because there are many parallels. Same low mcap as when I bought link too.
So do I - in principle. I am super proud I still have the LINK from the ICO.
Due to (honest to god) ADHD, I do have an impulsive streak and sometimes, I find it really hard not to flip a coin to take the money and buy other shitcoins. As long as there's an uptrend, it ain't so hard sitting still, but both LINK and REN are crabbing since about a month. And I just need that Dopa fix >_
I've got a measly 5k of them (around 20% of my portfolio rn) I had 15k and sold 10 after testnet. Imho we will hover at theses prices +-10% for at least a month or even more, until GitHub activity confirms imminent mainnet. In the meantime I plan to buy around 5k more with my internship pay and more if my other holdings moons.
sounds pretty good, bro.
I have. I'm proud to be one of the first 150 nodes.
I am only worried about this being a chink coin. I dont trust chinks.
checked, but these are westernized aussie chinks
I'm a ren bag holder but after a year of waiting I'm starting to feel unsure. Renex seems to be a dud turned to a tech demo. Remember this used to be their main product (decentralized dark pool) and saw zero adoption. Well Renvm supposedly was born out of this endeavor due to the project's research heavy pioneering of shamir's secret sharing and now we are back to testnet of an entirely different product. The questions I have are, is there real demand by market makers and liquidity providers for Renvm? Did they have to find a new purpose because renex was not adopted and they had to abandon it? Just how long will it take for renvm to be complete (interoperability with all blockchains, privacy, etc)? Why did they completely abandon the dark pool idea? etc etc too many questions to post
Institutions haven't come into crypto yet. The darkpool idea hasn't been abandoned. When they do, the darknodes will get a lot more use.
>institutions
I'm tired of this meme
SENT is the shit
I believe there will be demand, being able to transact privately without having to use XMR is use. For example, look at crypto's first big use case: darknet markets. Renvm would have been amazingly valuable for darknet users; previously it's gone something like this:
>buy coins on cuckbase or similar
>if not retarded, attempt to obfuscate coins through a tumbler (and pray you don't get phished, or scammed in the process)
>wait a long ass time cause tumblers were slow and sometimes expensive fees
>move tumbled coins to market to buy fentanyl from china
If renvm could have made that entire process quick, easy, and painless, it would have had a significant amount of use from the darknet alone. And today we have crypto whales, many of whom I'm sure would appreciate being able to transact without having it spammed on twitter, and whose volume should surpass that of the darknet by several orders of magnitude.
Not this is a legit answer although the privacy features could be a long time away. For now they are focusing solely on interoperability