Why isn't AVAX mooning? It is better than ETH, more secure, better team, fast transaction, cheaps?
Why isn't AVAX mooning? It is better than ETH, more secure, better team, fast transaction, cheaps?
Kevin Cruz
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Matthew James
people are expecting a price dump from December unlock
Nolan Peterson
There are zero use cases and zero justification for the 2B valuation. The right question is why it isn't severely dumping rightnow.
Camden Brooks
It was already priced on the moon at launch to enrich early investors (who got 200x). They are now dumping as expected as it's overvalued.
Nathan Watson
WARNING !!!!! : ICO investors with their AVAX locked don't want the price to dump before they can sell for the private investor and public sale token unlock of December
They make multiples threads here praying for the price to stay at the same level
3B fully diluted MCAP for a project with an ecosystem 100 times smaller than ATOM and DOT
ICO buyers that choose option A1 and A2 don't have an other choice, they can't sell their tokens yet so they stake.
You will see that every 3 months starting from december with the ICO unlock they will unstake and SELL.
DON'T BUY ABOVE $1
Dominic Lee
not true
Daniel Diaz
>Why isn't AVAX mooning?
Because the C-Chain isnt operational at the moment.
AVAX is extremely undervalued right now.
Adam Reed
it can't even hold this triangle consolidation and now it will dump non stop, enjoy losing money
Henry Price
i will make a lot of money
Liam Lee
Thank you come again sir
Jaxson Diaz
I bought at option B during the ICO, the option where tokens are not locked, sold at 5$ for BTC
I pretty much made more money with this move than you will make with staking with your locked tokens that dump every week
Jose James
even if price goes down temporarily it will overall be good for the network:
>AVAX prices decreases
>entry barrier to run a node goes down
>more nodes come online
>AVAX network becomes even MORE decentralized which means it becomes even faster and more secure
right now there are 610 Validators in the System which makes it the most decentralized crypto.
Angel Turner
Why isn't my absolute shitcoin mooning sers? Dumb fucking Ranjeet
Ian Ramirez
and one trade later you lose all that money and sit there with empty hands.
with an AVAX node you can generate easy passive income at very low risk as running a node is dirt cheap and very easy to do.
Ayden Clark
when you lose all your rupees buying shitcoins
Carter Nguyen
Avalanche is better than Ethereum. Yoiu are ethereum hodlers.
Julian Ortiz
Actually both compliment each other and combined they will give us this:
athereum.avax.network
Athereum is Ethereum but with Sub second finality, high decentralization and low fees
Vitalik also already endorsed AVAX.
Alexander Turner
I don't care about the network, all I care is to make money, therefore I only care about AVAX price, which will continue to go down
There are plenty of nodes on avalanche because ICO option A buyers can't sell their tokens Yet, so they HAVE to stake their token
once their token get unlocked, this will result in a sell side pressure and LESS NODES on the avalanche network.
Gabriel Myers
AVAX nodes are low risk passive income.
AVAX rewards are basically guaranteed, your trades are not.
Owen Phillips
yes
Justin Powell
You will loose more money with the price decrease of AVAX than winning money with staking rewards
Your brain is absolutely damaged by those shills, that's sad.
Samuel Harris
Most AVAX is already locked up in nodes or delegated to nodes so I doubt it will dump as hard as you claim.
Staking will also remain profitable with 11% a year.
Jaxson Collins
> 11% a year
while AVAX token can dump 11% IN A DAY
HAHHAHAHAHAHAHHAHAHAHAHA
Benjamin Brown
It can also go up 11% in a day, whats your point?
>Dont invest in crypto because of the volatility
?
Jason Gomez
Let me explain it to you
You win 11% in a year
But are those 11% in USD or in AVAX ?
If the price dumps by -50%, your yearly rewards will dump by -50% relative to the DOLLAR
omfg
Mason Morris
>trying this hard to fud AVAX
what a retard
Zachary Parker
actually it is easy
when only 3,4% of total supply is circulating, the smart investor don't even look at the project
Ryder Evans
>If the price dumps by -50%
and if the price goes up by 50% your AVAX rewards gain value and your nodes makes you more easy passive income.
So whats your point? that crypto is volatile? welcome to crypto newfriend.
Michael Turner
price won't go above $5 ever again because of inflation, therefore your reward won't go up, pajeet
Julian Thompson
bad fudder probably want to buy cheap
Liam Diaz
most AVAX will be locked up in Nodes or delegated to nodes as is already the case.
once the C-Chain launches and DeFi comes to AVAX we will see it pump hard.
also forgot to mention, through Delegations to your node you can further increase your AVAX rewards.
Dylan Young
disgusting distribution.