Why yes I have 10k CAP, how could you tell?
Thanks, just bought 1k
Holy shit user, quads checked. Mega moon confirmed in Q4
I bought some at the very start then panic sold cause I thought it was such an obvious scam.
Then it shot up 10x :(
What’s the name of this coin?
CAP will essentially become a yeild earning token, so it's like buying a fraction of a rental property, or a fraction of a bank. Here you can own a fraction of the revenue yielded from the statistical underperformance of traders as a whole over time. (Like owning a part of a trading brokerage), so whatever amount you can afford to own, your earned share will still be the same proportianally to someone who owns more.
Checked. I won't sell until I see $1000 CAP
look at those magnificent digits
Larping faggot, there’s no 10k holder in CAP
t. top 50 holder
fuck, forgot to change my IP reeeee
absolutely based OP
this will be the hottest project in 2020 Q4
also the copypasta
*Cap.finance is a decentralized platform for crypto perpetuals (long/short using up to 100x margin), stock synthetics (5000+) and forex synthetics (200+) as a main product. It will also build their own native oracles, have lending/borrowing, staking, asset management, prediction markets, identity, insurance etc.
(blog.cap.finance/2020/09/02/the-roadmap.html)
*The native token CAP generates yield from negative performance (excess funds from CAP Liquidity Pool) of platform users in form of buyback and burn, which will continue to drive the trading price of CAP up. It's also used as a governance token.
Okay, now how valuable could a decentralized perpetual and synthetics platform be? Multicoin Capital thinks it's the most important application in Defi -
>We believe that the largest and most lucrative opportunity in DeFi is to create a protocol that allows anyone in the world to trade any asset. We have been referring to this idea as “Decentralized BitMEX” internally for over a year. The idea of a decentralized exchange protocol that enables synthetic assets is compelling for several reasons.
(multicoin.capital/2020/09/08/trade-offs-in-the-decentralized-bitmex-space/)
CAP's fully diluted market cap is at $7.3M ($61 x 120k CAP).
Lets compare it to the competitors:
SNX is $868M (118x difference)
LINA $134M (18x difference)
BZRX $172M (23x difference)
PERP $163M (22x difference)
Hegic $319M (43x difference)
The platform will launch this month, which means now might be the perfect time to enter before the word starts getting out.
Beta testing for perpetuals is already done:
youtube.com
Synthetics are now being tested on Ropsten testnet.
beautiful
It will be a decentralized stock market with additional boons, essentially.
yea, but also so much more kek
can't wait to see to all unravel desu
next YFI , this will probs get to 1k at least
Sup niggerfaggots, are we buying Cap today?
Tell me something funny I'm bored out of my mind
Yes, fren. Token burn is planned for next week. It will do some magic to the price action going forward
Same here, unfortunately I'm wearing a hat that renders my humor-producing part of the brain useless. It's called a handy cap.
If it works out I'm really hoping for more than $100mm market cap desu...
If they build the product + have the right incentives for users + start a massive marketing campaign to onboard faggots it will be just a matter of time. This is the decentralized stock market of crapto's, a true BEHEMOTH
as long as faggots use the platform we are good
this
Same anons posting this shit daily. One guy owns 50% of supply worth 10 mil. Will absolutely dump if the rest of market gets spooked and pull a chef nomi. Enjoy your rugs
Fucking nice quads. Should buy some more CAP for this alone.
keep copypasting this...definitely bumping this pile of shit
I will
you can choose to remain poor, no worries
some other anons might want to take this opportunity though
I honestly feel for you kek
I like you being skeptical, but in the end you're just hurting yourself
lol @ their mods coming here to try and defend this hoping their $30 bags can triple up with shilling
hasnt this been at $50 for the past 3 months? Supposed to launch next week and 0 hype around it
yea it has, which imo is pretty bullish
all other uniswap scams have dumped like 90% by now after the initial rallies
why would there be hype prior to the launch? lets see if the perp trading is any good first
So let me tell y'all anons about this dude called Criptix who comes to TG every week to FUD...
>he owns no CAP
>claims we get aggressive with him when he's the one continuously posting baseless claims
>got all of his answers directly from the dev but still FUDs
54% is controlled by someone who bought into the pool early. Abe (dev) said that this person is a trusted partner that they have been in contact with. This partner has agreed to not sell any from the 54% for 2 year. Written contract. No locking in a smart contract
Crypix received this answer directly from the dev. So now he has two choices:
1) He can trust the devs that the partner won't sell and the circulating supply is reduced to 46k due to the 56k being locked up. This is bullish for him and he gets to buy relatively low and have a higher percentage of the circulating supply for two years
2) He can not believe the devs and that the partner will dump at any time. He can wait for this to happen (might not) and buy in low
In both scenarios, if the protocol lives up to the roadmap/whitepaper. He wins. A big dump (if the guy breaks the dev contract and sells) will distribute CAP further and people will be able to buy for a much lower price. But, if he waits too long, he's going to be priced out if the devs are telling to truth.
But instead he's yelling that there's going to be a rugpull?
This is called the Criptix Law of FUD and it makes absolutely no sense.
The only option I see is that he got priced out, know the devs are being truthful, and wants to FUD to buy in lower
Look at the top 10 addresses here etherscan.io
Each of them hold only 1 token and have around 5k each... wonder who that is ;)
sushi was going to be the next big thing and never recovered when their dev dumped...but im sure cap will end differently
In either Scenario 1 or 2, CAP will reach 100M+ marketcap