Is it over for xdai stake? Its below $14......
Is it over?
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either this or someone is fucking the price in order to accumulate. feeling pretty stupid for not selling around $40, avg entry price for me was $1.75 but this really blows.
I also lost 60 STAKE trying to swing like a fuckhead during that pump to $30 few weeks back.
>feelsbadman.
Still has more adoption than 98% of projects so probably not.
I do feel as though we have another red month ahead of us for the entire market, one can only hope we rally in dec, but for certain, I will be taking some profits next time.
But this price action makes me wonder. It just dumps like an absolute fuckin shitcoin, and absolute shitcoins are not dumping that hard right now. Do insiders know that it lost the reddit comp? We can only hope that it already won and insiders know this, they are trying to make us all panic sell so they all could get cheap stakes..
Timeline is this; whale dumped yesterday plus no reddit news sending it below 20, market dumped today sending it to 15-16, then trump news dumped the market again and we’re down to sub 14. Case of awful fucking timing. I’m still holding out for reddit news but we’ll see.
Who ever has a bag of Xdai will be laughing in 23 days time.
Makes sense, thanks for explanations.
Whats your price prediction?
My guess is that a lot of people are now worried there will be a long period of time of no announcement and the market is spooked atm. Also xDai was pretty strong compared to many of the scams that mooned during that time period, so it has already set itself apart in that respect. I just have to say I don't see any other projects getting this much actual usage. With ETH adoption growing more and more DAOs will want to move to xDai chain.
>ethereum-magicians.org
>no mention of xDai
Lol well that sucks. Get on it Ivan, xDai as Eth rollup / shard
are you ready for the binance listing?
$50 EOM
oh no.
>binance.com
it's real.
checked.
Its not real. Good try though.
He does state L2's need to improve cross L2 transfers, seems like they are on the forefront of that though, omg has a pretty complex bridge system, not sure about any other L2's you can transfer. Xdai seems to have a pretty good bridging system
it's real, try it with a different coin and you won't see the trading UI. CORE and POLS are also coming to binance btw.
No, it's not over you fucking idiot.
Pic related
What does this chart even mean? Brighten me user
xDAI is really solid and there's really no real reason to panic.
>The entire Gnosis ecosystem already committed to moving everything to xDai. That's $1B in assets alone.
>xDai has been battle-tested for 2+ years now. It has the single most-respected bridge in the Ethereum scaling community.
>Already has a growing ecosystem of Ethereum-based projects and they are being onboarded every day.
>It's one of the few tokens build on Chainlink's own ERC677 standard.
>Backed by Splunk, a multi-billion dollar company.
>Permissionless chain is coming with the addition of delegators and validators by the end of this year. The big boys, like Maker DAO, are already lining up to be validators.
I could keep going.
If you think this is over, you really haven't been paying attention.
>>
Touched the 90-day moving average and bounced. Don't sell here. Sell if it closes below on the daily.
BLAME HNY
>If you think this is over, you really haven't been paying attention.
It will be over once optimistic roll ups are out though. So in about 6 months
You guys are lucky if you get to see $40 again
I hope you are very wrong
I am right. Even Vitalik tweeted that xDai would only be a short to mid term solution. Then I sold at $25 and never looked back
Seems it was the right decission
Optimistic rollups aren’t everything. DAOs and many ETH dApps will prefer a standalone sidechain that has been battle-tested for 2 years. That’s why Gnosis is making the full transition.
Cope
>next stop $10
This is starting to look like deepbrainchain from 2017 holy shit.
Because it is
Everything is down right now you blind fuck
Cope
Look at Defi Pulse
defipulse.com
Total value locked just keeps on going down
Why do you want to end up being a fucking bagholder user?
Try 12 months at least. Like user posted already, gnosis, possibly aave and many more are using xDai already.
Look how fucked the Eth network was when everyone was claiming their $uni.
Nothing has changed since crypto kitties, nothing will change until eth2.0 is fully functional.
In the meantime they need a solution to ease traffic and a LOT of well respected Eth devs have already chosen xDai.
It will probably crash harder, but it’s gonna bounce at some point and sellers will be destroyed.
fuck i wana buy more but i dont know when is the right time
I can’t tell you that user. Nothing is 100% guaranteed. If you’re tethered I’d stay and catch the bounce early.
There was always going to be a shakeout before the real bullrun, this might be one of many.