If you are not buying this CNS dip, I can't help you.
Bittrex coming.
If you are not buying this CNS dip, I can't help you
Aaron Thompson
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Asher Perez
>Jew coin
no thanks
Isaiah Wilson
stay poor
Michael James
This is definitely a 100x rocket for me. Community is on fire : )
Gavin Clark
Yup. Accumulated more this morning. Feeling great about this.
Joseph Morales
Why would the price go up? Shill me, you stupid faggot.
Ryder Cook
I bought yesterday at 0.009 and I feel bad.
I hope it'll go back up, right now I feel scammed.
Adrian Carter
SEC document was confirmed to be outdated and inaccurate and has since been taken down. Zig Forums, this might actually be a chance to make it.
Jonathan Hernandez
Read through the site and the WP at least.
joincentric.com
CNS is exchanged to CNR at a fixed rate and CNR goes up at a fixed rate. Normies will eat this up.
I have bags from both 9 and 115 and I'm comfy as hell. Just hold.
Connor Price
I read through the whole WP and I'm super impressed desu.
Cooper Diaz
Under $2m marketcap. No brainer.
Robert Sullivan
You should be in profit. Whats the problem ? The entire Thing has just started. All is decentralized, i mean why not selling when you have doubts?!
Matthew Kelly
fuck me bros, i bought in at $.18 last night and ive lost almost half of my investment. this thing is gunna bounce back, r-right? j-just hold on?
Tyler Jackson
Who knows. If you can afford to lose your entire investment I'd say just hold. If you feel the opportunity cost of your capital is too great then sell now if the level of risk is too much for you.
Adam Edwards
It will. Especially on Bittrex listing. These new coins on relatively low-volume exchanges can swing like crazy in the early days.
Really would not advise selling now, but up to you.
Benjamin Scott
All in baby. The market cap is still so low.
Jordan Morales
well, i learned that my shares are actually in CNR, so value of my investment hasn't been impacted by the overnight price correction of CNS.
my question now is, is there profit to be made by converting CNR to CNS and hoping that CNS will pump again?
Parker Baker
You can make a quick buck swing trading if it moons up again by leaving in $CNS. I'm open to losing 100% of my investment so to me it's a no brainer leaving everything in $CNR
Benjamin Walker
The tokenomics are simple, CNR will always rise in value to CNS, CNS value goes up because people will want to use CNS to buy CNR to gain the interest.
>b-but you've just described a circle!!!
Yes and FYI it's how the federal reserve works, the fed prints money which is used to buy bonds...which mature for more money. All of this works on the principle that as adoption grows people trust the system and that trust gives the system value. The key value behind DeFi is that it uses smart contracts to produce trustlessly what central banks do. At the end of the day the value of CNS will come from people simply choosing it because it rewards them and has a more distributed/fair system than a competing form of decentralised currency. What that market cap will be depends on you, I personally think 500MM is EASY to achieve.
Joshua Collins
Not buying your bags again, barely got out of this shit myself, plus the supply is unlimited and will go into the billions
Noah Butler
Good, I'd rather you not profit on this.
Elijah Walker
The supply isn't unlimited. $CNR has a max supply of 1B and $CNS burns as $CNR is converted back to $CNS.
Christian Miller
lmao
you are some fucking retard the way you write is hilarious
Austin Jenkins
does it make any sense to convert from CNR to CNS in hopes of another pump? or would i still make gains from a CNS pump despite having all my shares of centric in CNR?
Parker Jones
Cool story, I see that you've dismissed my warning. I hope you went all in, I had to shill this shit on here for days just so that I could dump my bags on cucks like you. Enjoy
Julian Diaz
Just grabbed 500k worth. How guy are we going?
Nicholas Davis
x10 would still be undervalued imo. Only reason this isn't flying is because it's on some random ass exchanges.
Dylan Morris
so, the price of CNR rises by 28.5% monthly. could this gain be countered by a dip in the price of CNS? in other words is the growth of CNR contingent on the CNS market pumping?
and if that's the case, why is there any incentive to hold CNR, if the entire value of CNR is contingent on the value of CNS?
Jordan Russell
Check the WP section on "How Centric Incentivizes Stability".
They are incentivising a $1 peg to CNS. CNS is currently trading just over 1 cent.
Michael Peterson
from my understanding, yes, cns will dip based on cnr gains. but considering how early it is and the 28% monthly gains, it would have to dip a TON for it to not be profitable. the incentive to hold cnr is because you are getting those gains and can convert it straight back to CNS.
Joshua Russell
yo this shits definitely gonna go on binance right? its on tron so i imagine cz will get it on quick.
David Flores
but since i've bought in, the price of CNS has dipped considerably, enough that it counteracts the the hourly rise in CNR by a significant margin. what's not to say that a market crash in CNS will negate the 28.5% monthy increase in CNR, making this whole thing a losing game? i'm just trying to figure out how the fuck I'm going to recover from this loss.