Mint Protocol on xBTC coming this week. I feel my plums tremble at the sight of something like this. Uniswap liquidity pools opening up too with other alts.
50% ETH/ 50% xBTC $500,000 in ETH/$500,000 in xBTC (this is actually close to reality right now) When ETH doubles in price: $1,000,000 in ETH/$500,000 in xBTC. The pool needs to stay balanced at 50/50 so as trades happen it rebalances to: $750,000 in ETH/$750,000 in xBTC
>anyone who keeps their tokens staked for 6+ months (through the end of Mint Version 1) will share the 40,000 xBTC pool.
Tell me again about why you aren't going to do this.
delet this why do you fucking insist when it's not time.
Camden Powell
So if BTC is bullish I just accumulate or what?
Alexander Campbell
Shitcoin dont buy
Cooper Jenkins
Why? I need reasons. You cunts told me not to buy LINK too.
Jackson Garcia
Reeeee I need more fiat for my bagholder bingo copium addiction.
Brody Hughes
MAKE IT GO BACKAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
Wyatt Allen
>Top tier team >Tier 1 exchange confirmed >more big partnerships incoming. >mint and dashboard live within 24-48 hours Once ampls geyser went live they went 600x.
Landon Carter
lol
true tho
John Sanders
The rewards for the mint are super interesting to me, usually I just chase the pumps and don't stake but man all those coins for a 6 month hold? Very tempting...
Chase Fisher
I AM FINANCIALLY SAVAAAAAAGEEEED
Brandon Jackson
Literally everything about this project is bullish and yet people keep trying to 5x on retarded rugpulls with user devs that have absolutely zero usecase lmao.
i swear nobody here knows how to make money, only lose it.
Nolan Sanders
I'm doing well, I sold my 0xBTC for xBTC and I already made up for all my losses the last two years. Fuck that ASIC scam, seriously.
Charles Morales
I think whales have too large bags for that to happen
Elijah Gonzalez
just wait user, people need to get burned and raped on the 400th iteration of yfi (which was always are retarded scam) before they look for a new paradigm of shitcoins to get into. xbtc time will come. big problem is a lot of these guys lost like half their etf on the rugpulls too
Tyler Hernandez
Once the mint is live we will start getting alot more liquidity and that will attract whales more than anything. You will see.
Kayden Diaz
you're stupid if you think anyone takes you seriously
Juan Sanchez
Right? No way someone holds 0xbtc in 2020
Landon Mitchell
this thing has a legit roadmap
Brayden Fisher
nice 50x tho. pepperidge farms remembers.
Parker Green
If BTC goes up, alt coins go up too and pump by a greater %, if btc goes down then the alts go down but some decoupled coins allow for the mcap to stay higher than the expected fall.
Sebastian Cox
A 50x would be conservative for xBTC
Not a pump and dump crap coin bizlets love so if you lack patience, this isn't for you.
Juan Ward
Short term is 140x
Long term (5 to 10 years) is unironically 100,000x
Michael Sullivan
It's hard to believe anyone still holds 0xBTC but I did until about a week ago when I sold it for xBTC. It's such a relief dumping my 0xBitcoin bags and I'm finally in the green.
Adam Brown
if im correct, the basis of this coin is that it increases in value as bitcoin loses market dominance.
which is genius.
there is only one bitcoin. they cannot make more. sure they can fork but that doesnt count, thats still different.
and there is an ever increasing amount of innovation in the blockchain industry meaning more and more projects and tokens and coins and protocols. bitcoin does not have a monopoly. it's not google. there isn't millions of people working at bitcoin. it's a piece of technology that is slowly but surely becoming more and more outdated.
if this project is true to this idea then this is absolutely a sure thing and definitely a long hold..
Charles Ross
...now remember all the financial institutions who hold btc and how as that BMCD goes down they want a way to emsure they have profits for their investors and shareholders. Enter xBTC.
Grayscale will unironically buy at least 2 billion USD of xBTC in the near future. Once they feel comfortable that we have attained price parity, there will be an instant $2 billion pump in mcap.
Jason Scott
Whats a realistic price prediction for this coin EOY? From what I understand, isnt it supposed to be pegged to whatever the btc dominance is?
Christopher Ross
It's not so much the price as this is a rebase, but the market cap. Right now it's under 2 mil. Compare that to your favourite vaporware food coin finance scams and come up with what you think it can be.
Aaron Long
Price doesnt matter. If we get positive rebases each day and market cap is rising you will earn alot.
Isaac Nelson
Why does the marketcap matter if this is a derivative tied to Bitcoin's value in market dominance?
Matthew Brown
Shitcoin. Dont. Buy.
James Peterson
>btc dominance down >Positive rebase >more tokens, but the mc remains the same so price goes down >people buy >mc go up >price goes up profit???
