Jannies released me - hope my fellow anons will be released soon.
Just getting this thread up for other anons to discuss xETH and jerk off.
/xETH/ - Xplosive Ethereum General
Brandon Peterson
Other urls found in this thread:
medium.com
twitter.com
Zachary Richardson
So, first of all it seems like marketing is coming very very soon!
Aaron Parker
On top of that:
>The lag is increased from 1/10 to 1/15 en tax is raised to 7%/7.5%.
Kinda good imo - more sustainable, personally I earn around 1k USD$ per rebase with it being 10% ish.
Caleb Foster
Hopefully my xETH frens come here anytime soon :)
Ryan Richardson
Imo theyre going to tweak it to death. They need to find something and stick with it. Never seen a team tweak parameters as much as these fuckers.
And the community has turned into a get rich quick wen lambo streetshitter circlejerk the past few days
Camden Butler
>Never seen a team tweak parameters as much as these fuckers.
Lol, they actually do this to make it sustainable - you are sounding like the lambo boy now. The only reason they are tweaking it is because those 25%/30% rebases aren't sustainable. Or would you disagree?
John Myers
Of course it's not sustainable, but as time goes on they will manually change shit and no one will know any consistent structure to the way the token works. 1 formula and stick with it. Not this, "ehhh we'll keep an eye on it and see what happens" shit
Gabriel Powell
>1 formula and stick with it.
Disagree, what would be the best one? The project is still in early stages - I would rather have a year long of 5%/10% then this shit dying within a month because of abnormal figures.
Juan Nelson
Hello anons.
Here is why you should consider buying :
>Elastic supply token like AMPL but WITHOUT THE NEGATIVE REBASES
>Rebases occur when xETH's price > 0.01 ETH
>Rebases are compounding, so it's like a savings account but with higher daily returns
>Serves as a hedge if ETH dumps
>Deflationary tax decreasing the supply meant to PARTIALLY discourage sellers
>Price fluctuating between $7.5 - $12 in the past week, meaning this range is safe to buy and wait for the daily interest given that after a few days of patience you'll break even at worst or see profit at best
>Team and community both are engaged and united in order to make this work. Dev wallet burned half of its inflated funds and will do it again in the future if needs be
>Marketing, YouTube and more exposure coming soon™
>Get comfy in these threads (does not require buying)
HERE IS WHY YOU SHOULDN'T :
>xETH is essentially WORTHLESS, if people don't try to make it last it won't be sustainable
>ANONYMOUS TEAM
>CODE ISN'T AUDITED
>NO GITHUB
>LOW LIQUIDITY (fixed soon™)
>NO VOLUME = DEATH
>SINGIFICANT DECREASE IN NEW BUY PRESSURE = DEATH
>Team is tweaking the formula too much, this will make investors lose confidence
xETH gained attention, thanks to that last pump to $14. It unfortunately brought the worst kind of people onboard, and while it's great for the trading volume, I feel more and more disgusted going on TG. Also, while I respect the team decision to try and fix things to make xETH last, many people are starting to feel that they "missed out" on the juicier rebases and lesser taxes giving an unfair advantage to early holders. Once again, it might not be long before people rightfully assume xETH to be an elaborated ponzi even if it tries not to be with the deflationary system and the sell tax.
Still, it's likely xETH will see one or two last legs up thanks to marketing. The cons override the pros currently. But my greed is making me hope for another pump.
Samuel Diaz
>Still, it's likely xETH will see one or two last legs up thanks to marketing.
To add, Sarah hinted earlier in the price channel by selling 1000 xETH that she's planning to use these funds for marketing purposes. This unfortunately might sign the end of the comfy times we're knowing now, as the pump and dump that will follow depending on who gets paid to promote the token will probably leave xETH to crash and bleed if it doesn't magically recover.
I wish I could dump pictures, but my ISP is banned.
Wyatt Davis
I hope the team will break anonymity if everything goes well, my ISP also still banned
Adam Baker
They probably won't because "muh decentralized".
Also, fuck jannies. I hate them all.
Anthony Bell
all forced tokenomics coins (deflationary, rebase, etc) are trash and will be abandoned within a year, if not sooner.
Leo Thompson
Did I really get banned for posting in xeth thread? I wasn't even shilling
Joseph Miller
>I wish I could dump pictures, but my ISP is banned.
What picture do you need user?
Leo Taylor
it would be better if they did at some point imo, YELD developer went public and got approached a lot of exchanges
Owen Adams
>Within a year
Meaning there should still be gas for xETH.
At least that's what my survivorship bias for buying on September 21 is telling me.
Anything lewd enough you can find on yande.re or any other booru, but not NSFW enough to trigger jannies. Fully clothed or skin-tight would be a nice compromise.
I agree. But they don't want to, I believe I linked their medium article regarding that matter in a previous thread but the post got deleted.
See this : medium.com
This honestly should be a warning sign as they're not even ready to put their reputation at stake.
Logan Peterson
Parker Cruz
Doing God's work, user. Thanks a lot.
Jace Brown
If you really think you can ride the pump and dump (if there even is any) and come out ahead, by all means.
But 90% of people get burned.
Sebastian Cox
Risky one.
Jason Baker
As of now, since the time I bought thanks to both the price action and the rebases increasing my stack, I'm up ~x6 or so.
Even if the price would go back to my entry point near $4.7, I'd be up x3 at the very least. It's why I keep referring to my strong survivorship bias while fully aware that not everyone will be able to be lucky as I ended up being - nonetheless, people who bought on September 28 after fapping to the general's remain currently in the green or are breaking even at worst. As long as you're patient and that the price doesn't crab too down, it's likely you'll make a profit because of people wanting to catch the dips and the rebases both. It's cleverly designed, for an experimental ponzi.
But as you can see, my greed prevented me from taking profits since I believe there is more positive stuff coming, namely LP-Staking and the marketing push. Possibly another dev wallet burn to help counter the MCAP inflation.
That's the good stuff! I pray that you don't get banned.
Jaxson Thompson
>That's the good stuff! I pray that you don't get banned.
Most likely, they released me yesterday the fuckers.
Jeremiah Thompson
Fucking niggers
Mason James
super risky.
i 3x'd my stack in 4 days and took profit leaving my original stack in there just to see what happens now.
if it genuinely works then fantastic we'll all keep making money.
if it goes to 0 im still in profit.
Alexander Harris
You did good. Every single part of my body wanted to do this at $12 after the 30% rebase but I held through. When I was already up massively. This week will be make or break for me regarding xETH.
Anthony Howard
>This week will be make or break for me regarding xETH.
I am pretty much taking a daily salary lmao, if it breaks I still made some nice profits. Could turn out to work for another few months and then I kinda fucked myself but still 30k a month - ill take it
Adrian Moore
so a well know xeth whale (TOP 5 holder) wrote this is xeth TG. He claims to have met the devs.
First, I must say that I am greatly humbled by the Tone and drive that this team of devs have. In Crypto, we all know it's "fear of rug pull, scams, pump and dump doom and gloom" kind of polarized society. Nothing could be further from the truth about xETH in my experience. The knowledge these people have, and experience to back it up is sensational. Now about the project goals. It was made very clear to me that none of them had any idea how successful this would become right out of the gate and so fast. This of course requires quick decision making and being fluid with rebase % etc in order to create stability long term. I have no doubt in my mind, this is their intentions. Furthermore, the ideas being kicked around concerning team tokens, marketing fund allocations, and future burns has integrity written all over it. The best way I can describe last nights meeting, is to let you all know that xETH investors are literally identical to those investing in Microsoft in 1990. You all have no idea how xETH is sending shockwaves through the crypto world and setting a new standard in DEFI. Please be patient while the Devs work countless hours, and are in a constant state of perfecting this project, knowing that if you HODL xETH, it will be the last bag of tokens you will ever need to buy. I stand by this statement and my own personal intentions going forward. In the words of Warren Buffet, "“If you don't find a way to make money while you sleep, you will work until you die.” xETH is our solution -
Sounds like bullshit but all his post are full of this Wolf of Wall Street crap
Ethan Martinez
>Sounds like bullshit but all his post are full of this Wolf of Wall Street crap.
He is actually based though, he is holding till 100 million USD worth. He audited the code himself and is confident as fuck, I even asked him to pay for audit company and he said why not LMAO.
Justin Bailey
Messages like these are unironic sell signals.
Cameron Walker
Lmao, why? Guy is not even part of the team and is all in xETH.