Why is this shit dumping so hard?

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Youre at the ‘dump’ part of pump and dump

Did the literal pajeets spamming this coin everyday not warn you?

Someone sell me on this. I don't care about the price action tell me about fundamentals.

Its a scam coin tied to a legitimate service. The coin itself is very limited in utility - youll need 16 to run a node and thats it. Theres no huge organic demand, but since its tangentially tied to staking its easy to market it as the next big thing.

Expected to constantly target 0.1 ETH due to some staking math which I don't actually know how it works

So obviously staking is the next big thing, any reason to get in this or another project and not Hex?

That 0.1 figure needs a hard citation

Staking IS the next big thing, but the projection for rocketpool’s base is around 1% of ethereum. This isnt going token is so overblown by pajeets im not surprised people are dumping it

I bought at 3.40 will I make it? Should I just keep buying more or is this shit over with?

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ok vampire

the reason it's dumping is because it just had a massive week and topped out at $3. 4 of the top whale wallets are slowly exiting as the price increases. BTC also just had a massive flash crash yesterday and it retained a large portion of it's value. People are taking profit during a time of large market uncertainty. expect it to crash a bit more if the market goes south, so DCA in if you are going in

the token helps regulate the amount of node operators that are on the network. Too many and you have unused nodes, too little and you have queued up ETH deposits that aren't being assigned. These are the basics. The team is solid and have been running for years, they do zero shilling, and are the ONLY game in town for decentralized staking. If that wasn't enough, while everyone else that stakes will have to wait to get their eth till 2.0 enters the last phase (2022) rocketpool will issue reth that will allow you liquidity while you are staking.

Larp. Show order

>Its a scam coin tied to a legitimate service

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all the smart money is in HEX.

>he trusted yesterdays drunk user larp

Because its a pump and dump you fucking moron

It’s going back to $1 isnt it...turned out this was a hype pump and dump the whole time.........

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i don't believe the math guy but there is 100% a value that will make it "fair" as if it costs too much to become a node operator -> required rpl goes down to become an operator-> rpl is overvalued->rpl gets sold->rpl returns to a fair value

That being said, I think it's hard to estimate due to several factors, one of those is that RPL is bonded to the ETH and is effectively removed from circulation for the duration of staking. This means that the more eth is staked, the higher the "fair value" imo. With speculation, this could drive the price much higher than .1 eth.

>and are the ONLY game in town for decentralized staking.
why do you lie tho?

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He's not vampire, I am. Glad to see everyones seeing this shit coin for what it actually is: A pajeet pump and dump

>the token helps regulate the amount of node operators that are on the network. Too many and you have unused nodes, too little and you have queued up ETH deposits that aren't being assigned. These are the basics. The team is solid and have been running for years, they do zero shilling, and are the ONLY game in town for decentralized staking. If that wasn't enough, while everyone else that stakes will have to wait to get their eth till 2.0 enters the last phase (2022) rocketpool will issue reth that will allow you liquidity while you are staking.
All of this is absolute jibber jiabber gobbledegook marketing speak

you need 16RPL to run a node which you get back at the end. Thats the bottom line. Dont listen to these retarded marketers

i wish, i'd all in my entire eth stack

Not LARPing, I went in heavy at this price point. Not gonna wallet DOXX.
I did, so this project is done now isn’t it. Literally a moonboi hype staking token.
Great, well I’m down 40% on my bags should I just fucking kill myself?

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>why is this shitcoin dumping?
just put the two and two together fucking nigger

i have over 100 eth
i could need 0-300rpl to operate a node and make minipools. That means right now i need to spend 0-600$ usd depending on network utilization. Dumbass. Whales will need lots of rpl.

dump them so we can score some cheapies

everything is down lol. rpl has been pumping like crazy for the past two days of course it's going to dip at some point.

Ok but why is it dumping right now, if The token was actually worth anything it wouldn’t be dumping this hard right now
I mean.....the idea is a good one. I just don’t understand why I got pajeet’d
Oh wow, yeah ok. Considering this dump is just getting started we will be there by tomorrow

Whales wont even use RPL you moron. Whales will stake the way people with money stake. Through their own hardware.

Bro I feel bad for you. It was the most obvious pnd on biz in months. Although ESH takes the cake now. Just no more buying coins that aren't top 5 for you.

because the entire market dumped, duh. No project is immune to fear. And there are a lot of people who are already in profit who are taking profit. There's literally nothing wrong with a healthy correction

no they won't because they will not have access to their staked eth until 2022. RPL will give them rEth which allows them to stay liquid. immediate payout or payout 2 years from now? there's gonna be a lot of rpl usage.

fuck, just bought 1k of this bullshit

It's not even dumping, dumbfucks.

Go back to Retarddit.

all the pajeets that were shilling the past week already dumped their bags

nah we're all here rabidly defending it and trying to accumulate more
but seriously, i want the price to go back down to 30c since i missed the cheapies

-26.7% is a “healthy correction”

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>goes up 100% in 7 days
>down 26.7% after a market crash
your point?

They could make more if they set up a bunch of RPL nodes because then they'd get a cut of the returns the plebs are making. When have the wealthy ever turned down an opportunity to collect rent from people?

There was another thread that said “$3 is healthy support”. Why did everyone lie and also, if the token was THAT valuable, why is it dumping this hard

look at cmc.

because the market crashed you imbecile
people who had been bag holding for years were in massive profit and decided to take it

sell now and stop putting money into low mc, low volume biz scams. Jesus christ are you new here?

So i should just hold this shit back to 1.30 and keep buying? What the fuck I thought the hype was gonna keep going

Nobody cares about your tale of woe is me so just dump your bags if they're causing you this much stress retard. Hodlers are going to make it.

bro it's not launching till july with phase 0
i kept telling people in the discord to stop shilling because they're wasting the hype and this is what it does to people

Ok....but I already have other bags. But this one fucking dumped really hard for no reason. What a pajeet scam, fuck this project, enjoy your rpl scam, can’t believe I bought this pos

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sell it right now so i can scoop it up

>he thinks phase 0 is launching in July

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>filename
Yup, same faggot who's been FUDing in all the threads since the beginning. This is turbo autism if I've ever seen it.

>Whales will need lots of rpl.
Whales will not be using Rocketpool for staking, period

Why did you guys all hype this shit up when mainnet release for phase 0 is in July. This thing is going back to $1, no one wants to buy this shit this high, it’s so scammy

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How the fuck can you see a coin pump for like 3 weeks straight and then decide to buy it are you actually fucking retarded

Wtf does this even do? Why do you need to hold this shitcoin to stake eth? Why not just stake it and that's it?

Thats what Ive been saying lol

Im the guy from the discord they call vampire.

And guess what, what I said was true.

they are and will tho
its the only way to get eth OUT of the chain pre smart contracts phase which is 2022