XCM will literally - and I mean fucking LITERALLY - never be below 0.03 eurocents ever again:
>Secondly, we will be moving the XCM floor price to €0.03 to reflect the significant growth in the company. All clients with buy limit orders under €0.03 have been contacted and provided with 48 hours notice to remove/amend their buy orders to the new floor price or higher.
I thought this was just a fucking Zig Forums meme, I didn't know crypto tokens could actually do this shit
....what the FUCK
only chad coins do that
fuck kikebase. xcm is my best friend now.
Lmao imagine not having a shit ton of XCM yet
Does this mean they can eventually put in a floor of 1 euro?
Imagine buying this shit at €0.02 and years later you have a guaranteed locked-in 50x MINIMUM. Even bitcoin doesn't do that
>price floor
so what stops them from creating a price ceiling as well? or randomly moving the price floor higher/lower? this looks illegal
That's nice, people will just dump on uniswap or other decentralized exchanges though.
you can ask the CEO on their TG, i've just listened to why they've done it. you can ask them about the legal aspect of this, he'll probably answer in a minute or two
>this looks illegal
If this was just about any other crypto I'd agree, but the CEO has been doing everything by the book in terms of the law and regulations from day one. Sometimes even to the annoyance of XCM holders
I highly doubt he's do this move without being 100% sure that he legally could
Hahaha we will literally never go below 3 eurocents again this exchange is a living meme
That is genious because they can't touch uniswap at all but this incentivices arbitrage.
God we're SO COMFY bros
The time of the XCMlet has come
10c EOY
sure they would have not done if this wasn't legal.
still changing the rules of the game so close to the price action is crazy. we were literally under the new floor few days ago. might be legal somehow but this smells real bad, especially considering this could have been abused badly by people that were aware of this coming.
Yeah that's a bit weird. Guess I'll never have a chance to buy more that low again though which is sad. I had hoped parsiq would have flown by now so I could buy more xcm with it. At least its waking up.
Surely they just buy any sell order below 0.03 euro.
That's what they were doing when it was 0.01 euro.
You thick fucks
IM GOING TO KMS ON LIVE STREAM IF I DONT MANAGE TO GET 100k XCM BEFORE IT HITS 10ct
You had 3 years brosef
Don't wait, start buying now, maybe DCA
interesting, now kevin emphasising that xcm is a utility token and doesn't want investors/clients to overpay for the tokens - this should mean volatility in general is bad, not just volatility downwards...
so he wants to stabilise the price... people joking about there being a price ceiling... doesn't seem that funny now.
Oh that's why it moved up. Even though I am enjoying these gains, it kind of sucks that it was forced and not because more people were interested / buying
Now that it has become apparent XCM is an utility token and as such needs to have its price regulated, it should be obvious that as soon as it goes above a certain threshold, the whole thing won't be sustainable to begin with. I can count the entire user base of coinmetro with 4 hands worth of fingers. Daily volume is astonishingly low, and the tokenomics are flawed : it's just a smokescreen to hide that it's actually a ponzi/money laundering scheme. XCM cannot be valued above 10 cents. XCM holders are now tasked to try their best to recruit as many people as possible into the exchange to keep the money and the rewards flowing in, otherwise the house of cards inevitably falls upon itself without warning as soon as the tokens bought by Kevin Murcko/the exchange ALL GET SOLD AT ONCE to break even. Let me repeat myself here : the XCM token CANNOT be valued more than 10 cents per token, if not less.
This retarded pasta won't age well when they move the floor above 10c
hey shill, you might wanna change that script a bit and not make it so obvious
newfags get out reeee
stay mad, kevin is planing the €1 party as we speak
what was that bros im cooming but im also going to kms
here is his answer
https:// t me /CoinMetro/534323
listen to the fucking voice messages again: overpaying bad, underpaying more than fine. you fucking brainlet.
Main point:
They think it is legal but they don't know for sure
lmao, that's reassuring
KEVIN make it go back down again
What do you make of this?