ok user here's the deal >BitMax is well-known for pumping tokens after listing, look at xDai, SRM, UOS etc >Power Trade is legitimately solid project - team from Liquid, backing from Kyber, Coingecko, Pantera capital >Last PTF pre-sale round was oversubscribed so much that Discord (they hold whitelisting procedure there) went down. And it happened during red market
Personally I was lucky enough to grab some PTF on pre-sale @0.2 . But I can easily see this shit getting to $0.6 shortly after listing. I'm gonna buy more in two hours and if you have some brains - you should do the same
I too, have been waiting. But one question remains though, what will happen on Bitmax listing? Since presalers and people who participated in the public sale cannot sell their tokens for at least 2 months according to this graph, the sell pressure will be minimal or maybe there won't even be any.
I never was "early" enough to buy a token as soon as it was listed on a CEX like this, so I'm wondering if the order won't be filled by bots pumping the price to $2 in a millisecond or something.
I feel good about this but my tokens suck with their linear unlock. Would buy from Bitmax I guess.
Jaxon Sullivan
Yeah sure this looks legit. On top of that, marketcap at the time of listing will be $800k thanks to the relatively low Circ supply compared to the total (4M to be released over the next three months, 400M is the total supply.) But I don't know, something feels wrong here. I believe that in their AMA they said that their Android and iOS app weren't ready yet.
Everyone is excited and anticipating a pump as soon as this gets listed on Bitmax, but red flags remain nonetheless. >locked tokens to be unlocked linearly >beginner friendly and options trading are merely gimmicks >DeFi focused to ride a hype that is likely dying
Everyone is in the same boat though, vc cunts can't dump on us
>I never was "early" enough to buy a token as soon as it was listed on a CEX like this, so I'm wondering if the order won't be filled by bots pumping the price to $2 in a millisecond or something. don't worry mate BitMax is a bit more slow than other big exchanges, its possible to catch the first candle
Matthew Brooks
>Would buy from Bitmax I guess. I know I sound like a broken record but what tells us that the price will remain at 0.2 when it gets listed? There must have been a strategic reason to allow people securing their tokens during the whitelisting on discord.
I'm still lacking in general knowledge regarding crypto and while I've been eyeing the project this past week I can't help but think this listing gold rush will somehow fuck me in the ass. I know it's not an Uniswap scam at least but I don't know. I might be overly pessimistic
Carson Anderson
If PowerTrade did anywhere close to Liquid's 100x, i'd be a happy man
Yeah I know that... That's why I feel good about my investment. Hope I'm not wrong
Easton Carter
Everything can fuck you in this market user... But this one is much less likely to do so than most of recently hyped shitcoins.
Liam Campbell
Hmm. I guess I'll transfer some USDT to Bitmax then, I made an account yesterday just for this occasion. Since it's one of the first projects I actually found and researched by myself that wasn't shilled on Zig Forums, I m kinda expectant but i can't shake the feeling that there might be something wrong.
Link to trade is here. Glad it's already available, so that you don't have to wait for someone to post it on the TG or discord channel. Now it's just a matter of waiting, I guess.
>Everyone is in the same boat though, vc cunts can't dump on us I'll bump the thread to add that it's actually uncertain. We don't really know the frequency/rate of unlocking for the locked tokens, there's also the fact that the private sales took place one month ago near the end of August.
While they won't be able to dump ALL of their bags on us, I don't think it's unreasonable to think people who bought a really huge amount might be able to create a bit of a sell pressure, even if it's proportionally nothing compared to the amount of their holdings.
Lucas Baker
this is a scam link that will steal all your info
Luis Nelson
No retard. It's the coingecko link, I just put the (dot) between brackets because Hiro is a nigger and said my post was registered as a spam if I left the Bitmax link as-is.
FUCK My funds cannot be withdrawn from Bitmax for the next 20 hours since I forgot my password this morning and modified it. Meaning I won't be able to enjoy a nice immediate arbitrage opportunity REEEEEEEEEEEEEE
They can't sell now since their tokens are locked. At least that's what their graph said.
Liam Garcia
What happened? Did it really do a 4x on BitMax?
Zachary White
Yeah, price immediately shot up from 0.2 to $1.3
I market bought as soon as I could but looks like I bought at $1.10 If it goes below $1 I'll sell, I won't have lost much but the confusion and the shady attitude of the team regarding the surprise listing on Uniswap might prevent the price from going higher. The overall sentiment on both TG and telegram isn't really good, even if it's only been one hour since the token has been made available to trade.
