The people who bought BTC at $20k will also get their money back though. And if you have read the book, you can begin to understand just how huge kleros will be compared to how undervalued it is now. Even if the whole market cap of crypto stayed where it was forever, PNK should still be in the top 10 coins and be worth at absolute minimum $5.
All new and poor fags to this board. Kleros (PNK) is a scam
Gabriel Ross
Eli Parker
>larp
Why would I larp about a measly 20% gain followed by a 60% loss? Go look at the fucking daily chart its fucking atrocious. The only hope it might have is that its very close to touching the 400 ema and its very oversold. 400 ema is usually very reliable support so there might be a bounce off it if it drops another 10-15% and touches it. Right now its at support that we broke through on July 10 and retested on August 2 so there's also a chance it doesnt dip any lower and bounces from here. This is on the PNK/ETH chart by the way. If it drops below even this then its really over
If you think holding an asset whether its stocks or crypto or whatever from 20k to 3.5k for 3 years is smart I am not interested in anything you have to say thanks.
Luke Carter
>If you think holding an asset whether its stocks or crypto or whatever from 20k to 3.5k for 3 years is smart I am not interested in anything you have to say thanks.
You're an idiot. So long as the fundamentals don't change, price fluctuations in the most volatile asset on earth are expected and normal. You're a 19 year old zoomer who clearly doesn't understand this. I remember 2013 when BTC "peaked" at $1000 and a huge amount of my friends sold at $200 and lost everything. But BTC is hard money and has a real use case. When it went down, they should have just bought more.
Kleros is the layer upon which an entirely new economy can now be built. You no longer need centralised institutions to secure the validity of contracts. You can engage in a transaction with anyone on the globe, and if they are fraudulent you have a very good chance of recovering your money. This isn't new - but what kleros enables is this service WITHOUT paying a centralised institution (fiverr or whatever) a 30% cut. If you don't understand the ramifications of this then you are unironically not going to make it. Sell, lock in your loss, and pink wojak in a few years.
Justin Peterson
>Kleros is the layer upon which an entirely new economy can now be built. You no longer need centralised institutions to secure the validity of contracts. You can engage in a transaction with anyone on the globe, and if they are fraudulent you have a very good chance of recovering your money
This idea is what made me want to invest in it in the first place. Now whether the team can deliver or not and whether there is adoption to turn this idea into reality, is another thing, and that is reflected in the price. Congratulations if you can afford to lay back and watch your money drop 80% or more and just chill and wait 4 years or a decade for it to recover, again, if you think that's a smart thing to do we just have 2 very different opinions about investing/trading even if we might agree that the concept of kleros is really good.
Owen Gonzalez
You’re legit just fucking assmad that you tried swinging a long term hold. Retard. You would not last the LINK dips.
Henry Lewis
>exit scamming
At least if you’re going to Larp, make it somewhat believable.
Juan Roberts
>1000% ytd
>faggots complaining
figures
Xavier Ward
>Congratulations if you can afford to lay back and watch your money drop 80% or more and just chill and wait 4 years or a decade for it to recover
If you aren't prepared to lose your money you shouldn't be in crypto. At some point we will have another solar flare like the 1890s and all electronics will fry, and BTC will be worthless again. Alts are even more dangerous because alts have a team and people who can rugpull or die or move on or whatever.
>Now whether the team can deliver or not and whether there is adoption to turn this idea into reality, is another thing, and that is reflected in the price.
It unironically isn't reflected in the price which is why I bought even more PNK at 16c and am buying more now. There still hasn't been an actual run on Kleros yet, because we're still very early. No major listings, no twitter hype, no stocktwits normies, no reddit.
EVERY alt has gone up as much as kleros or more. Even dead shitcoin scams like Waltonchain did a 4x since March. Blatant ponzis like ampleforth went to almost $1bn market cap.
If you hold for a few years, as more integrations occur and people build dapps specifically for kleros, then it will gradually climb. LINK going from 20c to $4 is much, much bigger news than link going from $4 to $20. Because that first climb wasn't hype based or artificial. PNK will probably dump even lower than its current price. It might even go to 2c or 3c. But thats because the road from .5c to 2c was normal and natural and reflects the underlying value. And the underlying value proposition is so huge (the complete sidestepping of state-based contracting) that you should still be buying more at $2.
Of course, someone like you who just wants "quick 2x uniswap GEM" is going to get burned and you deserve it. Kleros is not made to be sold for USD. You use it to arbitrate and earn ETH.
Justin Ramirez
4 years is overestimating if we're going to see a recovery (which I feel confident we will). I think that you're similar to that user who sold his 40k bag of LINK at $10; believed in the project, but dumped his bags during the bear market. I'm not saying that you're necessarily wrong, but for me this is money that I can afford to lose if the tides go that way. I'm really bullish on this project still even with the significant loss I've had.
Leo Sanders
Just bought another 20k.
stay poor faggot