Up almost 60% today already, before any announcements or the release of the mint. Get in now or fomo even harder at 10x. Not trying to shill too hard, but I’ve been trying to tell you guys for two weeks about this. Hope you bought the bottom!
XBTC: I warned you
Nathaniel Rogers
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Adam Wright
I was in and out of this one, and after losing so much eth to rugpulls I'm down to only 8 ETH in xBTC feelsbadman.
Mason Collins
If you’ve watched the live ama yesterday then you know this is one of the comfiest hild here in biz among the sea of shitstains like akro and fantom and whatever bullshit biz is peddling these days.
Bentley Clark
oh i know it's legit af, after the recent fiascos in crypto i'm not touching any user defi yield farm shitcoins with a 10ft barge pool again. xBTC till Jan 2021 for me.
Leo Collins
Been holding since the start and will continue to hold. Literally on ground floor and the 50x is easily doable.
Camden Ramirez
the ama is what convinced me to buy, these guys are serious about this project
Brody Jackson
EOM prediction?
Matthew Barnes
How to buy sir?
Jack Morgan
youtube.com
get educated
Ryan Wood
what the fuck is this?
William Rogers
Everyone will fomo the other way when negative rebase happens. YOU LITERALLY LOSE YOUR COINS LMAO
Adrian Green
It's still very low marketcap so I advise anyone who wants to get in to buy after the inevitable rebase dump and hold.
Dominic Miller
We just had 3-4 days of negative rebases where I was buying and losing about 5% of my coins. Now up 50% instead of 60% hardly a reason not to buy a rebase coin. You need to learn more about what you are doing before you comment on crypto sonny jim.
Henry Hall
betting against bit is bold ngl
Ryder Roberts
>thinks rebases matter
Well thanks to every retard thinking like you rebases actually matter. Same goes for positive rebases, people fomo in because you get ”more” tokens by holding.
Reminder that rebases don’t affect the market cap at all and if you take the rebase away the coin does literally nothing.
Robert Russell
why would i buy this then
Jose Brown
If that is true why do people buy and sell based on the anticipated results of a rebase? Ah, that's right, because it does matter.
Ethan Sanders
I don't like how it was essentially stealing my fucking tokens.
Brandon Phillips
That's not how negative rebases work, the entire supply changes, not just yours. You still had the same ratio of the market cap before and after.
Benjamin Smith
Because others will buy it too, same reason AMPL did 100x within months and is still over 10x from the start of the pump. I have a 5k bag myself too because I know it will go up, the project and the team surrounding it are very solid despite the actual product relying on other things than itself. An altcoin doesn’t need to have any real use to become succesful and in the case of xBTC and AMPL it doesn’t matter if they don’t really ”do” anything if uneducated people think they ”do”
Though now that Coingecko defaults to showing mcap for rebase tokens this might change a bit when people understand it better.
It only matters because of how people act. If you disagree, can you show me how rebases actually affect the market cap?
Austin Turner
Are you selling me this coin on the idea that it does nothing, but telling me to buy it because other people will think it does something? Jesus.
Camden Lopez
What is the point of that? What is the point of being an early adopter?
William Sanders
I don't entirely disagree. What I mean is, the more people believe xBTC to be a hedge against bitcoin and a bet on alt coin dominance, the more it becomes it. Rebase is just a function that drives the psychological mechanism behind it. Since the only thing that can increase the value of a token is buying it, rebase simply serves as an indicator to investors.
Anthony Myers
I’m not selling you anything because I don’t have to. It’s up 60% today because people want to buy it just as I said, and this is with the project not even running at full speed yet.
Just the fact that it’s currently at 2.5M mcap while AMPL (which isn’t nearly as solid project) went up to 700M and is still almost 40 times higher than xBTC’s will make people believe xBTC has a chance too and buy.
Leo Russell
Surely people would not buy something if they don't know what it does.
Nathaniel Brooks
>Rebase is just a function that drives the psychological mechanism behind it. Since the only thing that can increase the value of a token is buying it, rebase simply serves as an indicator to investors.
Exactly. I’m not saying it’s a bad project, it definitely isn’t, it’s just the people claiming rebase does some magic shit and creates value from nothing or ”steals your coins” that irk me.
Justin Jenkins
I bet you most of the money in crypto is made because of just that. I don’t care what a coin does if I see the potential in pumping and my total worth has since gone up to 200k (momentarily only though because I’m a retard who cannot take profit)
Dylan Ross
bumping to blatantly pump my bags
Aiden Sullivan
what can you do with it once you get it?
Carter Campbell
mint platform (staking and yield farming combo) going live tonight. compound your gains even more with constant returns
Liam Diaz
xBTC is only a hedge against btc or s&p 500 of alts if people believe it to be. I feel the team has the vision and capability to at least realise this to the tune of current AMPL market cap, which to be honest is quite doable for any decent defi coin that isn't a scam if market conditions allow it.