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/biz/ - Business & Finance


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14042583 No.14042583 [Reply] [Original]

Coinmetro CEO is hosting AMA in an hour. He is expected to talking about new Link EUR pair, Link margin trading and the possibility of CoinMetro staking link on our behalf similar to LinkPool.
Tune in via CoinMetro Reddit.

This guy is a total boss

>> No.14042593

>>14042583
go fuck yourself, Salt

>> No.14042604

>>14042593
Salt here, OP is not me.

>> No.14042615

>>14042604
nice samefagging

>> No.14042631

>>14042615
if i posted the thread i would have included my reflink you fucking faggot

>> No.14042678

>>14042631
that's why no one likes you

>> No.14042717

>>14042678
stay mad bitchboi

>> No.14042727
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14042727

>>14042717
I will

>> No.14042750

>trusting kevin with your stinkies
oof

>> No.14042752

>>14042727
poor guy

cheer up fren

>> No.14042766
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14042766

>>14042583

mein
M Ü N Z E Z U G
kaufen

>> No.14042788

>>14042583
You go my forehead yasssss king.

>> No.14042936

>>14042583
He's live boys

>> No.14042951

Starts in 10 mins, can confirm OP is not Salt.
Salt love your work however

>> No.14042970

Scrap that, were on
Go, go, go! https://youtu.be/EHbUhzzYavw

>> No.14043059

He just said staking link would be a hard due to regulation of a shared investment

>> No.14043074

>>14042750
It's better than trusting some chink with them though. Some people are too much of a brainlet to handle wallets theirselves

>> No.14043371

>>14043059
Is it finished yet? I want bullet points

>> No.14043425

>>14043059
so, there is a chance. good.

>> No.14043496

I can't wait to short Link on leverage

>> No.14043514

>>14042583
looks like a kid drew this absolute shit logo

>> No.14044097

>>14042583
Isn't this exchange dead?

>> No.14044130

>>14044097
Yes. You should have bought before it 5x'ed though

>> No.14044140

>>14044130
*6x'ed

>> No.14044168

>>14044130
so it went from 1 to 5cent?

>> No.14044183

>>14044168
Its sitting at 0.062c.

>> No.14044236

>>14044140
The sell pressure is pretty low on this, makes me wonder how high we'll go once the token burning shit happens more often

>> No.14044330

>>14044183
ayylmao

>> No.14045027

We might hit 8 cents today. The ieo about exchange hackings sounds good as fuck.

>> No.14045040

>>14045027
It's pumping but it's not pumping that hard

>> No.14045103

>>14045040
Only 150k XCM required to reach 8c.

>> No.14045175

>>14045103
Well then let's hope for a significant price increase.

Anyone else hoping for XCM to moon to buy some LINK with the profits?

>> No.14045190

>>14045175
You can't time the market that well. Buy whichever one you believe in more long term or diversify between them.

t. Link, ETH and XCM whale

>> No.14045195

>>14045027
hopefully the IEO guys will actually do marketing for their IEO, which indirectly is marketing for coinmetro

>> No.14045235

>>14045195
They won't need marketing. Its the first IEO that is actually solving a real problem in the crypto space. I can't even remember what any of the Binance
IEOs do and I flipped a couple of them.

>> No.14045258

I have 22k LINK and 15k XCM.

>> No.14045275

>>14045235
What the fuck are you on about, of course they will do marketing. How good your product is makes no difference if people don't even know it exists.

The IEO is Parsiq by the way https://www.chipin.com/parsiq-blockchain-reverse-crypto-hacks/

>> No.14045321

>>14045258
0.0066% of the circulating supply of Link and
0.02% of the circulating supply of XCM isn't that bad.

>>14045275
Good ICOs didn't need marketing and sold out in minutes.

>> No.14045420

>>14045321
>tfw there's some guy with 1.2m xcm
I'm fucking jealous of that guy
I'm just shy of 60k and I'll probably stop accumulating now, I'm pissed at myself for not committing more early on

>> No.14045463

>>14045420
I know right its absolutely crazy someone can have so much, his average buy in price was 1.9c too.
and I would have bought more but there wasn't enough liquidity

>> No.14045493

>>14045321
What ICOs are you talking about? We're not in the 2017-early 2018 ICO hype anymore and Coinmetro is not as known of a website as, say, Binance. As such, they need marketing.

>> No.14045507

>>14045463
I had the same issue with liquidity too, in hindsight it was stupid of me to care about that because it pumped regardless

>> No.14045565

>>14045493
>We're not in the 2017-early 2018 ICO hype anymore
We're right at the start of the mid 2019 IEO boom. There is no point thinking about it until we find out how much money they are looking for although because they are going with a small exchange they might have a very small hardcap, hopefully 2 million or so at most.

>> No.14045579

>>14045420
Yea, same here. Will only buy more if it dumps. Not liking the volumes staying still while price climbs.

>> No.14045665

can i get uhh quick rundown on the purpose of xcm
do i really need it to use coinmetro, or can i just send euro and by my linkies with them like a normal person, or do i need xcm to even make the trade?

>> No.14045715

>>14042583
is this 2017?
Would would anyone care or use this?

>> No.14045739

>>14045579
>volume staying still

What are you on about, daily volume has been at least 10x what it was a month ago over the last week.

>> No.14045754

>>14045665
Yeah can we get a good rundown on the tokenomics?

>> No.14045807

>>14045665
>>14045754
https://coinmetro.com/xcm

>> No.14045843

>>14045665
>>14045754
you can trade directly with fiat/crypto pairs and it will automatically pay the fees in xcm

>> No.14045862

>>14045807
>>14045843
I more mean around the burning of tokens - is there much info on this?

>> No.14045912

>>14045862
All fees are coverted into XCM in real-time through market buy orders and part of the converted XCM is then burned. How much is burned is decided by an algorithm that takes several different variables in mind but the exact details are not shared due to it being "semi-proprietery".

>> No.14045925

>>14045862
No. They aren't even being burned yet. They have said it will take them about four days to implement and they would rather focus on stuff like margin trading to build volume first since there is so little volume at the moment its not worth prioritising.
>>14045665
There is no volume on the Link pair so you can't buy any at all but once there is then you can avoid ever touching XCM and just buy Link with Euro.

>> No.14046108

>>14045912
Thanks.

>> No.14046157

>>14045912
>>14046108
Note that the above are how it WILL work, not how it's currently working. The automatic XCM conversion from fees has not been implemented yet due to time constraints and the dev team focusing their attention on listings, margin trading etc...

Their reasoning is, since the daily fees collected currently only amount to about 70 EUR per day, it makes more sense to focus dev time on developing features that will increase users and volume and then implement the XCM fee system once volume is significant enough for it to have a meaningful impact.

>> No.14046746
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14046746

how long can we keep this up?

>> No.14046817

>>14046746
We are still only at a 6 Million market cap and the reasonable price for the only regulatory compliant fiat on ramp that is fully transparent is at least ten times that.

>> No.14047012
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14047012

>>14045912
>All fees are coverted into XCM in real-time through market buy orders and part of the converted XCM is then burned

>> No.14047023

>>14046746
In a few months you would have to zoom x20 to see this chart on a 50'' display.

>> No.14047367

>>14046817
We just hit 7.5c lmao

>> No.14047399
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14047399

They should list TRTL.
Imagine...

>> No.14047414

>>14042727
get better, fren
UwU

>> No.14047468

So this is yet another exchange? what's so different?

>> No.14047537

>>14047468
KYC so it takes 6 months to get approved to use and there's no volume so you don't need to waste money buying crypto tokens

>> No.14047570

>>14047468
margin trading, ectfs, alts/fiat

>> No.14047591

>>14047537
If you want fiat gateways, you need KYC. That's just how it is

>> No.14047625

>>14047537
Coinmetro KYC takes some hours to days max if you are not retarded can't follow some simple rules. And if you have any issues, they have 24/7 support that is responding within minutes, and not within weeks or never.

>> No.14047631

>>14047537
my kyc literally completed in 2 minutes after i asked them how long kyc takes

>> No.14047639

>>14047570
>margin trading
Bitmex
Binance (soon)
Bitfinex
>alts/fiat
Bitmax
Bitfinex
Binance

So I ask again what is different about this one?

>> No.14047660

>>14047631
>>14047591
Of course the IRS is going to be eager to have all your infos handled to then and thus validate your KYC fast....

>> No.14047662
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14047662

>>14047537

>> No.14047673

anyone else feel uneasy with kyc and how they want pictures of you passport or id or shit, seems like im setting myself up to have my identity stolen or some shit.
havent signed up for this exchange but im guessing they want that stuff too, like coinbase and binance did, spooky stuff or am i worrying for nothing?

>> No.14047681

>>14046817
we won't see any corrections or anything like that?
it's kinda nuts that this pumped basically straight up, every sell off barely made a dent

>>14047023
I believe this honestly, the only speedbump I can see coming is the vested tokens being released in august but from what I heard the last time the vested tokens got dumped the price didn't move much

>> No.14047691

>>14047639
tether isn't fiat faggot

>> No.14047703

>>14045040
0.0784€
kek

>> No.14047793
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14047793

Imagine not owning a bag of this. No breaks until 1EU.

>> No.14047847

>>14047639
top 2 are illegal in america, bitfinex will be stomped on by the government soon

>> No.14047857

>>14047639
The only real current benefit of Coinmetro is that is has among the lowest fees in the industry. So if you're not interested in the XCM token itself, wait until they release their debit card, tokenization platform, ETCF and come back. Maybe then you will find something interesting.

I just like it because it is 100% regulatory compliant so I can have shit there without worrying that it's randomly going to be shut down one day and my funds will be freezed.

>>14047793
That's a pretty rare pepe, sir

>> No.14047902

>>14047468
>>14047639
>>14047660
Go back to bed Brian, you are drunk.

>> No.14047916

>>14047691
Good old tether fud.
x1 short/long BTC on Bitmex if you want to avoid using tether then.

>> No.14047919

>>14047673
Of course its spooky, but its the regulations. I took plenty of time, researching them etc. before pulling the trigger. Take your time.

>> No.14047925 [DELETED] 
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14047925

>>14047673
coinmetro literally wrote the crypto regulation for estonia, they are meating finance beurocrats from all over europe all the time. it doesnt get more legit and accountable than coinmetro

use my signup link and you'll be entered into a raffle to get some FREE XCM

https: // coinmetro . com / ? ref = Salt

without spaces

>> No.14047957

>>14047847
Government don't allow you to have nice things like margin trading, and above all want you to pay your taxes, that's why they are illegal.
If an exchange is not based in the US, that's actually a feature for me.

>> No.14047973

>>14047847
>tfw LEO's tokenomics sound good as fuck but I don't think bitfinex is going to be around long enough for it to matter

>> No.14048005
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14048005

>>14047925
buying coinmetro is like betting on the house

COINMETRO LITERALLY WROTE CRYPTO REGULATION

>> No.14048179

XCM is going to be 10EUR in 2 or 3 years and there's nothing you can do about it.
Praise money forehead.

>> No.14048180
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14048180

the last time i posted a ref-link on /biz/ i got banned.
so i grabbed the domain coinmetro.trade

maybe it is worth something someday.

>> No.14048199

>>14048179
I am literally never selling 100k

>> No.14048839

Based jannies deleted the other thread filled with referral links.

>> No.14048855

Someone convince me not to fomo

>> No.14048902

>>14042583
Fuckin hell this is pumping isn't it.

You know there are people that dumped as soon as XCM trading opened because it took too long...

>> No.14048925

Why is it still not listed on Coinmarketcap? Even the shittiest of the shittiest ultra-lowcaps are on there. This crypto sucks shit.

>> No.14048938

>>14048925
They want a steady rise not a giant green dildo to $5.

>> No.14048967

>>14048902
those 'people' were fags.
>>14048925
Kevin told in the ama today that cmc is cucking them for now. it'll come.

>> No.14049869
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14049869

>>14048925

>> No.14049941

>>14048925
No clue, there's some miscommunication between cmc and coinmetro
LEO isn't on their either
in the mean time just use this https://www.coingecko.com/en/coins/coinmetro

>> No.14050209
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14050209

apologize