Zig Forums, I have an idea that I think could be very profitable even if you are only a poorfag and not yet a big ol' whale. I'm going to throw a lot of information your way, so if you're lazy or can't be bothered to read, please move on to a different thread.
Zig Forums, I have an idea~
Easton Ramirez
Samuel Perez
PIXBY is a project that has been stagnant for a while now. It was a good concept, a project with unique features and lots of potential... but none of that matters. Like 99% of shitcoins, it never gained mass adoption and it bled and eventually stagnated.
Luke Evans
Here's where it gets interesting. Unlike most failed shitcoin projects, the dev did the right thing and didn't abandon the loyal holders. He maintained communication and transparency the whole time. He's working on a new project/projects (RUBIX/CONNECT) and he's kept the community in the loop every step of the way, giving regular updates, sneak peeks/previews etc.
Jose Gonzalez
This brings me to the important part. All holders of the old token will be given the new token on a $1-to-$1 basis. There will be a snapshot in the next few days, and all holders will be able to do the exchange based on the value at the time of the snapshot.
Asher Fisher
The thing is, the old coin is so low-volume that even small purchases have a huge impact on price. A $50 purchase caused it to briefly 5x, a $100 purchase caused it to 10x, etc etc. These were relatively short-lived however, after 3-6 hours or so the price returned to where it was previously.
Jaxon Nelson
So here's what I'm thinking: if even a small number of anons timed it right, we could use carefully timed small purchases to accumulate, let the price go back down, and accumulate more... and then use more carefully timed purchases to overwhelm the negligible sells and cause a sustained moon, just long enough for the snapshot. Even with small amounts of capital, a 100x-200x would be easily achieved.
Aiden Brooks
After the snapshot, it doesn't matter if the price goes back down, since everyone will be able to exchange for the new token based on the value at the time of the snapshot. So none of us would have to worry about timing it like it was a run-of-the-mill pump and dump, or being left behind holding bags. As long as we can keep the price elevated until the snapshot, then we can all exchange for the new token based on the snapshot value.
Owen Garcia
Now what's the deal with the new token?
Who knows. It might take off and be successful, or it might fail just like the old project. I was very impressed with the actions/conduct of the dev, and there are features of the old project that I hope will be incorporated into the new project, because I think they could literally disrupt the entire tech industry... but who knows. I'm bullish, but I won't tell you it's a sure thing or the next ______, because I don't know for sure and I'm looking out for my Zig Forumsbros. If you want to play it safe you can sell immediately after exchanging.
Nathan Ward
I plan to hang around to see what the initial price action is like. There's a pattern I've observed with new projects, one that I'm betting you've seen over and over too. A new token is released, it has a build up to a spike. Then it retraces, has a bounce or two, and then does a price discovery to a level that it maintains for a while. Then it either bleeds until it is abandoned, or it might be successful and achieve steady growth. Either way this goes, doesn't matter here, I'm just looking at that initial spike.
Jason Smith
So if the old token does a 100x-200x, you can exchange and immediately sell. Or you can see what the new token does. If it even does a 5x-10x, which is common for new projects, we're looking at a 500x-2,000x, maybe even more.
What do my Zig Forumsraelis think? Pessimists, skeptics and fudders, please feel free to poke holes in this idea and tell me why it won't work.
Lincoln Allen
There's only two points of possible failure that I can see:
1) There's not enough buy-in, and there's no sustained pre-snapshot pump.
To this I would say look at the recent price action. Like I said, within the last week or two, a $50 purchase caused it to 5x, and a $100 purchase caused it to 10x. With that being the case, even 10-15 anons with $50-$100 each could easily sustain a huge pump, with negligible risk of loss to each of us individually. More anons and larger buys would obviously make it go even higher.
Samuel Morris
2) The price of the new token could crash immediately.
Yes, it could. If you're worried about that, just sell immediately. With a 100x-200x pre-snapshot pump, you'd still be in moonshot profit levels. Even if it immediately dumps catastrophically, even if it dumps by 90% before you can sell, you'd still be gettng a 10x-20x.
I'm going to see what the price action looks like, though. If it seems to be following the typical new coin spike-drop-bounce-discovery pattern, I'm going to try to turn my 100x-200x into a 500x-2,000x+.
Robert Foster
If you want to DYOR(and you should):
Check recent PIXBY price action-
coingecko.com
Info on the PIXBY/RUBIX swap-
rubix-connectx.medium.com
Info on the RUBIX/CONNECT project-
rubix-connectx.medium.com
So what are your thoughts, frens?
Eli Gonzalez
Also jannies pls no ban. This is NOT ref/drop/etc bs, this is just me asking anons what they think about 2-3 specific altcoins, whether investment could be timed and leveraged. At worst, it is no worse than every single other thread on Zig Forums every day, shilling various shitcoins... so pls no ban, pls join us and prosper. Thank you!
Ryder Foster
Ethan White
niggers tongue my anus
Hudson Peterson
Niggers tongue this dudes anus
Chase Rivera
Niggers tongue those dudes anuses
Ayden Brown
Asher Flores
Hmmmm
A lot of anus my dude nigger tongues...
Not a lot of questions comments concerns
Adam Evans
how heavy are your bags?
Lucas Carter
as heavy as the nigger that tongues your and his anus
Wyatt Hill
Light as a feather, fren.
Check out the price, 50k cost about $24. If I throw another $50 in on top of that, and everything goes wrong, no big deal. I spend more than that on impulse buys every time I go to Costco.
If my $74 turns into $148,000... my bags would in fact be dirigibles, user.
Henry Foster
I have no problem throwing a few tens of dollars at this idea user. Just curious about how you think it will be coordinated and not be subject to the chaotic whims of Zig Forums users
Brandon Bell
Best would be to do a Discord, I could also threw a little money into it
Jeremiah Torres
Yeah game theory, might be tough to coordinate. It could moon too early, and anons would get left behind. I guess we could accumulate early before shilling harder, but then it's just basically a pnd.
I'm thinking of a scenario where it benefits everyone involved.
Lucas Ramirez
Here's the official tg
t.me/ConnectxProject
I don't know how receptive they'd be towards coordinating, though. I don't want them thinking it's a pnd.
Dominic Howard
This is trading. You cant cash out unless someone has put the money in for you.
I'm in on this plan if theres a discord link or something.
Juan Rodriguez
Well it is isnt it?
Easton Torres
It would work in theory but never in practice. First, there is the problem of actually coordinating such precise price manipulation.
Second, there is the inevitable preemptive dumping that will occur. Everyone will be anticipating a dump, which you've accounted for. However, the gains that you forecast wouldn't happen, because since everyone is anticipating the dump, everyone will be racing to dump first, and basically the plan gets fucked.
Cool idea tho
Nathaniel Parker
You're not exactly wrong afa cashing out, but this isn't exactly a pnd either.
If we time it right, it benefits everyone involved. Investors all make huge gains, project valuation goes up, it might even be a force multiplier that generates buzz and causes this project to become even more robust.
That's with optimal circumstances though. It might just be a quick 20x.
Ethan Peterson
Well that's the thing, it would be difficult to dump pre-swap. It's only available on one exchange.
They could dump the new token post-swap, but by then the profit would already be made.