After a dry 1.5 week we've finally managed two rebases: 2020-10-23 09:09 6.98% 2020-10-22 21:03 12.52%
It's finally climbing back up! There's more coming tho - xETH 2.0 will be released somewhere in the next couple of weeks.
xETH 2.0 shortly summarized (it’s everything xEth is but much, much, much better): >Automated Price Reactive Lag Rate -- It is a rate in which the lag automatically changes reactive to the price of xEth, taking into account psychological aspects of price, selling pressure & price pumps. This is a huge step forward to decentralisation! >Automatic Price Reactive Burn Rate -- An automatic burn rate is just like the lag rate, but it’s how much of the transaction is burnt on sells (not buys!) so this is our mechanism in response to other projects negative rebases (+taxes). >Mechanisms to drive above peg -- To top it all off we are working on an automatic mechanism to drive us above peg. >Audit (huge imo) -- The code will be 100% audited by a 3rd party auditing company (yet to be selected but we have an idea of who). >Marketing, community massively involved.
Personally I believe xETH 2.0 will be big if the audit is clean and when the mechanisms promised will be delivered.
Here is why you should buy xETH : >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 down a lot from ATH but lag decreased so bigger rebases at a smaller price. >Team and community both are engaged and united in order to make this work. Dev wallet burned (another one happened) has of its inflated funds and will do it again in the future if needs be >Get comfy in these threads (does not require buying)
Here's why you SHOULDN'T, or at least THINK TWICE : >xETH is essentially worthless, if people don't try to make it last it won't be sustainable >ANONYMOUS TEAM >CODE HASN'T BEEN AUDITED BY A LEGIT PARTY (fixed soon™) >low liquidity, wild price fluctuations (fixed soon™ with staking coming) >NO VOLUME = DEATH >SINGIFICANT DECREASE IN NEW BUY PRESSURE = DEATH
We will be rolling out a complete marketing campaign alongside the launch of xEth 2.0. This will consist of the following: >PR campaign targeting blockchain media outlets, financial media outlets & general media outlets to raise as much interest as possible. >Big ticket Youtubers and influencers helping spread the word about xEth and the launch of xEth 2.0 >Guerilla marketing campaign targeting free marketing such as reddit & other forums >Twitter marketing which will include endorsements from large twitter accounts specific to the Uniswap niche
By the way, the Telegram is getting more fucked everyday with pajeets spamming GIFs - personally I just ignore the fucking thing and wait for announcements. There are some seperate groups based on languages though.
>one guy desperately posting anime pictures to bump his dead shitcoin thread
yup thats a bagholder
Aaron Allen
yeah i read what you typed lol, I was moreso meaning is it a token swap or a code update or what
Easton Collins
>yup thats a bagholder
Only if you knew how much I made of this coin, have you seen the early rebases? I've been in since 4 days. And btw, we've had like 15 of these threads dude.
>one in the middle doesnt want to do this >one on the far right is excited to do this >others are just hoping its worth it
Zachary Hernandez
Hmmmhmm..
Nathaniel Rivera
that's what pajeets do they show up spam their stupid shit and overrun telegrams with when moon sirs and other low IQ posting. they ruin every token they put their shit covered hands on
Sebastian Stewart
>they ruin every token they put their shit covered hands on
Yeah look through it tho, xETH 2.0 will be fantastic.
oh im doing research right now on it actually. Very solid on paper and looks like something to hold for 6 months to a year and the gains will really show itself by that point. And cant hate a token that has anime qt's being posted half dressed. one of my weakness
Thomas Baker
>like something to hold for 6 months to a year and the gains will really show itself by that point.
You basically summed up my plan, personally I love to take out like 20% or my rebase a day but it would require like a week of rebases for me to go down that road again.. for now I'm just compounding.
I have zero problem holding a token for 1-3yrs honestly. I did that with 808ta and it went from a pathetic 0.00000001 to 0.00000015 and I sold for a few hundred dollars profit. Held for 1.5yrs to reach that point but it didnt bother me waiting. hold this token for a year watch it go up over time and next thing you know your stack has 3-5x and you're looking real comfy selling a small %.
too many want instant profits... pfft there's more to crypto than just quick profits
