/biz/ - Business & Finance

6 hours or so before the supply of trading reward coni is depleted

If it doesn't pump after that I'm live streaming hanging myself

Put 80% of my net worth in crypto in January

Down 90% from ATH

All in on Coni at 68 cents

Currently 25 cents

Coinbenes 1 month long promotion of 100% dividend allocation nets a holder of 2k CONI the following


Dividend Calculations:
= (# of CONI you hold / hourly CONI volume) * Exchange Fees

-Exchange Fees: Assume 0.005 rate and $100,000,000 daily volume.
-Dividends are provided in ETH every 24 hours.
-CONI hourly volume currently is about 50/24= 2 million

Sample Calculation for 2000 CONI:

Hourly Dividends in ETH = 2000 / 2 * ($100,000,000 daily volume * 1 day / 24 hours * 0.005 (fees) )
Hourly Dividends in ETH = $20 USD / hour

Very approximate but you can see the potential. 2000 CONI is about $1.2k USD right now.

So 14 600$ in your pocket over the 1 month. 146 000$ for holding 20k coni
Seems legit ?

I'm the guy who posted the original thread on coni a few days ago when it was first listed. Some of you made some nice gains but the real pump happens when dividends start on the 23rd. There is an announcement that will happen when it starts that will make this pump bigger than fcoin. You can ignore this if you want but just remember that I told you so.

>see coni shills on biz this morning
>ignore as usual
>trading 3x now

realistically guys, will this shit drop before 200% divs kick in or do i have to fomo?