/biz/ - Business & Finance

>falling for the PnD cycle, again
You people never seem to learn your mistakes.
XCM is acting contrary to the market for 2 hours and it's suddenly a valuable asset to hold in one's portfolio?
Daily reminder that XCM will never moon :
>institutional money didn't come in
>marketing that has been promised since ICO days is yet to be shown
>useless weekly AMAs
>bonds WILL NOT bring satisfactory enough returns and will even contribute to the sell pressure given enough time
>no liquidity on Uniswap
>daily volume on average is still pathetically low compared to Kucoin, Coinbase or Binance

It doesn't take long for someone to quickly realize that the whole thing wasn't 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.

Some of you are born as losers and will die as such. Sub 110 IQs can't be helped. It is a waste of time to warn you.

>>24661949
Based

Good boy