I'm surprised this is still bottoming out after a pretty great 10 hour AMA yesterday and a lot of brainstorming from the community about what directions to take it.
I do see there have been 5 rugpulls this morning alone though on biz, so maybe not that surprised. I think the further it bottoms the bigger the recovery will be as is the case with most projects that aren't scams. I do see top wallets continuing to slowly accumulate without pushing the price up so maybe they're waiting for the staking and liquidity incentives to be built and fleshed out.
There was a cool idea thrown around in the adults only TG about how Orbi pool tokens should be stakeable to earn a sister token that follows an inverse rebase pattern.... good discussions going on behind the scenes on this one I wouldn’t count it out
Kayden Butler
This.
Probably gonna pick up more while it is this cheap
Julian Barnes
>buy my bags please they are so heavy
Aaron Wilson
What's the economic importance of the sine wave ? Is this based on anything or is it random ? Or is it purely for aesthetics ?
Easton Jones
Every coin has bagholders until it reaches its next ATH, then it makes new bagholders after it's next dump. Nothing new. Welcome to crypto though
Xavier Garcia
Bros tell me it's not dead
Angel Ortiz
Whats a make it stack?
Carter Phillips
its interesting as any experiment but i still haven't understood the reasoning behind the wave as an economic force, does that make sense ? Did I miss dev's explanation on this?
Jaxson Flores
Personally I think it’ll create for multilayered, gamefied trading opportunities while overtime maintaining a consistent supply
Jacob Jackson
10 million
Xavier Brooks
Still potential. If you’re in this why not hold thru a negative rebase and see what happens. It’s legit rug proof so the only risk is that it just doesn’t take off. But with the sister coin, which will be airdropped, and you can earn that by staking Orbi in the near future, this could actually still go nuts.
Logan Barnes
0
Andrew Barnes
Liking the possibility of sister token airdrops, and talk of movng from basic DeFi to more of the degen yield farming goodness
Nicholas Fisher
yes I agree but why that specific equation or wave ? Is there some studies about it or economic theories that im missing?
>Why not hold thru a negative rebase Because most people are already down 50%, and now you're telling them to go through 5 days of -4% every day? kek Negative rebase will just accelerate orbi's downfall
Kevin Walker
50 Eric Ho 1k Orblet 10k Orbaby 50k Ortism (Suicide Stack) 100k Orbro (Make it Stack) 500k Orbusinessman 1m Hotdogger 3m Roy Orbison
Nathan Phillips
I would not be quick to assume that a negative rebase will mean a negative price impact.. it's a bit more uncertain than that
Here's some interesting reads on the implications of sine waves in economic patterns
Counting how often Eric Ho types the ‘/p’ command in the tg is really enough reason to hold a bag
Connor Lewis
Okay so it's designed to acentuate an already naturally occurring pattern in markets behaviour which is the expansion and contraction of supply and demand ? It's pretty interesting ngl
Adrian Thompson
Am I rich yet?
Benjamin Stewart
Exactly.... what will happen who knows but, this is by far and away one of the more interesting supply protocol experiments to come out recently. Plus, it’s not a scam
William Jones
I am Eric Ho
Thomas Parker
yeah i'm more into new coin flipping but orbicular is unironically a sweet project with a sweet dev i don't expect gains quickly or maybe even ever, but i like the guy lol so i'm keeping an eye on the project for long term
Jason Adams
and uniswap poolers are incentivized to provide liquidity to scoop fees of people trying to do said trades, or arbitrage or front-run the people who are following the sin-wave, etc. its a game-theory token
Jaxon Mitchell
It’s nice to see some intelligent discussion on this coin, but biz is mainly for promoting rugpulls now so you all would be better moving from this board to other platforms, biz is dead
Kevin Mitchell
Orbi is just an experiment of some sperg dev coding on his basement. While orbi might die, the good thing is there has been a lot of brainstorming and lots of new ideas by the community and the dev. Basically, the original idea was to have a 2 week cycle of rise and decrease in supply; first week supply rises almost every day (you get free tokens) second week supply rises (you lose tokens). Dev idea is to make a sister token that would behave like the opposite of Orbi, decreasing supply when Orbi increases, and increasing when Orbi decreases. That way one could potentially only ride the positive rebases of both coins, and avoid the negative ones. That would allow for many trading strategies, for example you could buy when the positive rebase happens, hold the whole week and when the negative rebase is about to happen you put your orbis in the pool (perhaps hoping that a negative rebase will lead to people panic selling, increasing the number of transactions, therefore increasing fees and make you more money through yield farming. Interesting idea overall, but i don't know if it will survive
Nicholas Morris
your scam is going to zero. keep replying to yourself though
Jeremiah Price
>second week supply rises (you lose tokens) Meant to say decreases instead of rises of course
Matthew Bell
I think it'll survive when the dust settles and most of this board runs out of ETH on getting rugpulled every day... the good ideas and honest projects usually live on
Connor Scott
The dev’s a pretty autistic nice guy and the memes are pretty good in such a low marketcap coin so I’m riding this to $0 or $500
Jackson Nelson
why would anyone hold a fucking pump and dump scam while it dumps???
Aaron Hughes
i think orbi will live on but i don't necessarily think it'll get a breakout the dev may form the project into another project, use the knowledge from this one and move on, etc
William Howard
All coins pump and dump, but not all coins are pump and dumps. You'll learn the difference after a couple months in the game
Sebastian Taylor
Such a scam. This is why no one trusts chinese people
Zachary Flores
This. I think a lot of these people got onto biz in the last month or two because of Link and Dot and they don’t realize that coins go up and down and up
