Looks like anons started the pump while I was working.
I'll start by copypasting the previous thread:
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' spermwhale. 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.
Holy moly!
Alexander King
Jonathan Martin
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.
Alexander Kelly
interesting pic
Blake Sanders
ty, I agree
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.
Michael Bell
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.
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.
Ayden Thomas
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.
James Hughes
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.
Elijah Jenkins
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.
Michael 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.
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.
Isaac Wright
What do my fellow Zig Forumsraelis think? Pessimists, skeptics and fudders, please feel free to poke holes in this idea and tell me why it won't work.
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.
Ryan Ross
post some links faggot
Sebastian Perry
I dont like the way you post, so I'm going to disregard everything you've said.
Good luck though.
Carter Hernandez
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+.
Liam Jenkins
Sorry to hear that, fren. I'm just copypasting from theprevious thread to convey the information. Suit yourself though, best of luck!
I'm getting to that part of the copypaste, here you go...
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?
Noah Brooks
You don't understand supply and demand
Christian Russell
That concludes the copypaste portion of this thread. Now that all the previous info is posted, heres the price action from just now~
Do you believe that this has a chance of working now?
Ryan Howard
Seems to have potential.
Lets take it step by step....GO:
Step 1: (?)
Jason Ward
There is ultra-low volume on this, the only exchange where PIXBY will be available for the next 12 hours or so. There are millions of PIXBY locked up in staking and so not available. That is the demand situation.
You see what tiny buys do to the price. The thing is, it doesn't have to be sustained-- it just has to last until the snapshot. then price is locked in, and we can swap to the new token at the high price.
Carter Price
Carson Johnson
1) Pump
2) Snapshot
3) Swap
4) ???
5) Profit!
Colton Jenkins
Where are you buying PIXBY? Uniswap is all fucked up.
Cameron Wright
I feel like a pajeet is luring me into a scam with art.
Benjamin Jones
It looks like a $29 buy sent the price up 382%. If more comes in, and the snapshot locks the price, all PIXBY holders will get that $ amount in the new token, RUBIX. At that point you can immediately sell and take profit, or you can do what I plan on doing and try to roll that 100x into a 500x-1,000x.
Jaxon Russell
That's the pain-in-the-ass part, it's only available on Catex.
catex.io
You want to take the time to switch to CATT first, because it is like 8x more PIXBY than with eth.
Gavin Long
I'm not a pajeet, and I'm pretty sure it's not a scam. I think I might have found an ethical cheat code alternative to a PnD, one that benefits everyone involved instead of leaving bagholders.
I could be wrong, I welcome any user to poke holes in the theory. It does seem to be working.
I'm glad you like the art, fren.
Dominic Young
good luck with that
Daniel Gutierrez
kek I understand, I hate using "other" dexes too.
For what it's worth, RUBIX will be on Uniswap, so you can cash out there. You do have to buy the PIXBY from Catex though, it's the only place PIXBY is still available, and only for a few more hours.
I understand if you want no part of it though. Dealing with a new dex is a pain in the ass.
Best of luck, fren!
Henry Jackson
>fren
>fren
>fren
shut the fuck up nigger
Christopher Mitchell
Thank you for your vauable and insightful input, you have definitely contributed to the conversation at hand and helped to make this Swedish lutefisk-braising forum a better place... fren.
Logan Scott
bump
Samuel Barnes
What's the catch?
Jaxon James
catex.io
PIXBY coin is $2.99 right now?
did i already miss the moon?