Am I missing bigger picture?

Price dumps and I don't know why. Buying, lending and staking at this price is profitable AS FUCK. Why the price dumps? General market movement or team dumping or wtf?

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Other urls found in this thread:

bzx.network/calc
app.fulcrum.trade/stats
warosu.org/biz/thread/S22218160
twitter.com/NSFWRedditVideo

Staking - less than 0.1%APY in a month. And not going to pickup anytime soon since they have 0.5 ETH as a simple margin trading fees and 0.2 ETH for borrowing. Also borrowing rates are 60% APY. Lending has good returns.

Also, the team is amateurish. Like really shitty. Hired a bunch of Ukraine devs. No tech experience and the product is also buggy as hell. With all this shit, they marketed a come back on Aug 31st. Lmao. Get out when you can.

THe whole market is crashing man. The crash is also coming along perfectly with the cool off coins get after their binance listing.

80% of my portfolio is bzx and i bought most of it around 1.10.

am i fucked? should i buy even more? should i sell?

I just bought 10000 at this dip. It just HAS to be over $1 at some point with such fundamentals

Good luck waiting for 2 years. Fundamentals get crushed as much as normal. The 51 M staked can anytime get dumped since the rewards are minimal.

This is a $2 coin if it had launched Aug 1st week. They missed the timing.

i went in thinking the same. but the marketing, communication, dev team, they have been awful the past week. so im getting out as soon as im breakeven again which will be at around 80ct

I agree. Why they would push for a release when the UI is a buggy piece of shit is beyond me. Theyve lost me a lot of money

Most of that isn't true and the platform has already launched. ETH's network is causing the high fees and I don't understand how you can call this team amateur while investing in pure chink/pajeet shitcoin scams like PNK.

bzx.network/calc

Just do the math retards

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>This is a $2 coin if it had launched Aug 1st week. They missed the timing.
Absolute nigger and a brain dead moron. It pumped to $1.70 EASILY before the congested ETH network caused the 48-hour launch delay. You keep complaining about such a trivial delay as if it broke everything and caused the entire crypto market to dump. What's your problem faggot?

once the market recovers this will recover rapidly, right now it's just poor timing, gas prices, amongst other things. It's solid, but fuck i've lost some serious money

yea pretty much the worst timing ever for a launch, multiple full market drops in a row. Shit happens. Seems like it might extend the timeline a little by flattening the defi bull. I'll just wait on my bzrx, wish i had more fiat to get into snx and yfi right now

wish i would of cashed some of my link out for YFI when it was 1k, I knew I should of bought it but I thought it was at the top and then just forgot about it until it was a whopping 36k. Lifes fucking wild

Hindsight is a funny thing, I also looked at buying in when it had a dip, then moved on. No drama, link is still the king just not as attention grabbing since we've been following it so long. There's really no way at the time to be certain when something is going up that fast, maybe we need to up our risk threshold? but i know myself and 'slow trader'/investor is my way

Holy shit you're fucking stupid everything is down not just this. Waste of a thread. Just sell so I can stop listening to your dumb ass.

Yeah hindsights a bitch. I keep thinking of all the different moves I could of made that would of landed me at 500k by now, but you live and learn. I don't have the guts to swing trade, my luck the second I'd go to sell it would just start being instant green dildos everywhere

I'm staking 20k since day one and it's telling me I hace 95c rewards so far. But underwhelming

how does 9,500 sound?

I've read a few people saying this - is it fud or real?

Dumped my entire stack at $1.20. Pissed I didnt at $1.40 desu. Will never ever touch this piece of dogshit again.

>Also borrowing rates are 60% APY. Lending has good returns.
If you can figure out why people are borrowing millions of dollars at 60%+ you can rich too. 60% is the lowest, people have borrowed much higher, myself included.

I don't understand this?

95cents x10000

I don't fud and I'd like to make clear that I support this project. I have more bzrx in the enceladus with my ample but I'm not receiving decent staking rewards thus far.

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Why would I x10000 though?

This is a premium working fucking defi product at bargain basement prices. What till there’s a solid bull market trend and this will be a front and centre gainer. Mark my words

Have some faith! Never under estimate the power of positive thoughts! This shit is EASILY 100$ EOY, don't you see? SHOW SOME CONVICTION

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will I miss out on gains if I stake? not really planning to sell any time soon

It's not moving right now, the rewards refresh is a manual process

Here's my post on staking yesterday:

have a look at Morpheus.Network cause these are the guys with bold tech and results. Morpheus.Network has real-world used cases with CO-OP: 10B$ Canadian retail company adopting the tech and other biggies. One of the other problems blockchain solves is counterfeiting goods.

I envied this user when he posted pic related. I have a similar networth, and I thought, this is a man with balls who is going to make it! When BZRX was mooning, I tipped my hat and congratulated user - even if he didn't know it.

Now I pity the fool.

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$2b market cap by Christmas

This is sitting at around 70M cap.
It has lending, borrowing, margin trading, chi gas token, fee sharing, liquidity mining, one of the most audited DeFi project, still an unannounced integration, still a fulcrum pro UI coming.
As much as I am thankful to biz for LINK and some other opportunities, low quality fud has been rampant lately, not sure if it's due to a new wave of newfags coming to the board or something else

it's whales/shitheads mainly, newfags only FUD if they follow the "in group herd" mentality

Because you can get higher yields than that, or another strategy? Drop a hint for an user?

sir, the UI is a shitty piece of poopoo.

I was watching this guy's wallet, if I recall correctly he moved on before the dump.

>Yeah man this shit is awesome finally as a burger I can margin trade let's long ETH 5x
>that will be $400 plus tip
>why is it crashing

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app.fulcrum.trade/stats

you can get high yields, but you will more than make it back with pic related rebates, especially the 0.5% weekly distribution

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