/biz/ - Business & Finance

I have held this shit since the volume on the exchange was 1% of what it is now and there was a serious risk of them running out of funds and the price was higher then than it is now. Crypto is retarded.

>>23899000
Checked
Our time is coming bro
The current btc pump will bring new people to crypto, who'll be looking for an easy way in. That's all cm needs

>>23899165
Cope. It’s over nerds, this is headed towards the same path as Kevin’s last failed venture FXpig. Sell your worthless XCM for PRQ and save yourselves

>>23899338
Baseless fud. Tell us WHY, go on

>>23898797
nice try forehead .

>>23898797
please God tell me you didn't give these faggots your money.

VALUE vault 2.

>>23899621
70% of my net worth is in XCM and 20% is in PRQ and I hold it all on Coinmetro.

>>23898797
anon you are correct with everything. but tell me why they are too retarted to profit from it till now? god I hate slowmetro so much, but coinmetro is a pretty cool guy ngl.

>>23899000
Truly one of crypto's biggest mysteries. Most legit exchange around, unironically better than coinbase and binance in many aspects. Best live support bar none, lowest fees, selection of listed assets is small but high quality and with decent LP. Weekly AMA's for gods sake. Direct €/$/£ trading pairs and on/off ramp.
Still, volume has x10, clientbase x7, revenue x5, and that stinking xcm is just sitting there doing nothing at all.
Getting a bit worried now that their focus lies with the bond and only company valuation, while us OG investors are still holding our bags worth 25% of last ICO price.
And now their argument of "but btc was 20k back then so holding xcm was a nice hedge against the crash" can't be used anymore.

I’ll hold this until it crashes to 1 cent. Which will be in a month or so. No ragretz

>>23899722
Checked and foreheadpilled

>>23899739
It's like kevin says, it's a lack of awareness problem. If they don't start that goddamned marketing process soon, they'll miss the next bullrun. Motherfuckers.

>>23900149
Why would the bond have anything to do with xcm valuation? Xcm price should reflect trading volume plus their other projects

>>23900182
>in a month or so
You've taken up their language man

>>23900859
>Why would the bond have anything to do with xcm valuation? Xcm price should reflect trading volume plus their other projects
They got the ICO investment money, which got them to about mid 2019. Made it clear that ICO 'contributors' have no rights whatsoever.
Meanwhile they gotten a few angel investors that extended the lifeline into 2020, and now they're pawning equity to drag on life support a little longer. Difference with the ICO, these investors do have rights. It only seems logical for CM to prioritise company valuation over XCM price, as contributors don't have a leg to stand on anyway and are holding these hyper-undevalued bags for almost 3 years now, most of them are too tired to keep on complaining. XCM price has no meaning for the bond investors anyway.

>Xcm price should reflect trading volume plus their other projects
Should, you can clearly see that this is not the case. Volume has done a x10 and XCM just stagnates. No hype at all behind the token either, in all these years, exept that week or so when they got on uniswap.

CM as an exchange is truly awesome but us ICO guys have been royally fucked in the arsehole and will continue to be so for a long time. Can you really see XCM rise to even 20c in the next 2 years, after it's been dredging at the bottom of the abyss for the past 3 years?

>>23898797
Use the exchange, best exchange probably. But I don't hold any xcm for a while now, for obvious reasons.
>When they start marketing, this baby's gonna skyrocket.
Are you trying to give xcm veterans ptsd?

>>23901693
>ptsd
What do you mean. I'm more bored than anything else.

>>23900149
>unironically better than Binance in many aspects
?????????????????

>>23901693
I'm in since the ico man. But i'm quite confident they'll succeed. They're moving in the right direction. In their own pace. I'll give you that, but they're moving

It's a dead meme with shit brand and even shittier people.
Also a cex.

Next best exchange will be swiss and cex/dex mix. Get over it. Your funds are lostu.

>>23899000
Nice. I bought a ton of shitcoins, all of which died, and some link. Recently sold all my link and bought shitcoins that didn't die during the bearmarket and have successfully developed their product. XCM is one of these shitcoins I bought with my link gains. Probably isn't my best hold, but seems like a really solid supplement in case my other choices go to shit.

>>23898797
dude I sold that shit a couple months ago, it's not going anywhere. If an exchange hasn't gained traction after 2 years, it's dead.
You might get a pump or two in the coming bull market, but that's pretty much it. You should move on.

>>23898797
kings, i want to buy 100k soon, but dont have the money yet
how long is it going to stay at 0.03

>>23902535
>regulated, doesn't scam users, wont get shut down any minute
if you said coinbase i would get it but binance is an obvious scam

>>23902869
>>23901595
i hope you guys are right (see >>23903000 )

>>23902535
They allow American users.

holy shit what was that

>>23903640
Another weary ICO contributor moving on would be my guess

>>23903808
haha...

>>23902535
????????? I fucking listed why in my post you illiterate monkey.

>>23903828
If XCM rose 1c every time this guy made an outrageous statement that proved to be false in the end, we'd all be billionaires by now.

>>23898797

God I don't even care about the money anymore, it's all just a blantant fuck you to reason and logic, except it's not. Crypto is already smeared in the eyes of the people from the 2k17 bullrun with all the fucking jesuscoin, bazingcoin bullshit. Nobody wants to touch the damn thing with a ten foot pole. And here we are, thinking a centralized exchange which wants as much information from you as a bank, but is made for this extremly volatile "gambling" currency will somehow swing people to its way of thinking?

>>23903808
i dont think any ico contributor would sell, sure it wont hit $1 today
but they have a product, which 90% of the other projects dont have
and it has an mcap of €5,452,144, its objectively the best investment
only risk is if they were to shut down, and kevin said even if they had 0 funds he would keep working on it

>>23903833
>muh live support
>selection of listed assets is small but high quality and with decent LP
I literally couldn't buy ETH at anywhere near market price, nobody was selling it, I had to buy XLM at a slight premium and transfer it somewhere else to actually buy ETH.
>lowest fees
0.15% to transfer XLM, which would have been 0 on Coinbase/Binance.
For trading fees Kucoin or Binance are 0.1% as well, or 0.075% with BNB. And speaking of BNB, that's where Coinmetro should take example, quarterly buyback and burn + actual utility in the platform.

The UX is also terrible, similar levels to Coinbase but nowhere near Binance, let's not even speak about the mobile app.

>>23904055
>>23904097
can you guys post that in the ama?
I want to know what he will say

>>23904097
>And speaking of BNB, that's where Coinmetro should take example
BNB is an unlicensed security for the reason you listed. That is why burgers have less than 90 days to withdraw funds from Binance.

>>23904120
I can't be there in time for the ama, but if you want point him to those posts and I'll watch it later

>>23904120
What do you think he is gonna say? It's gonna be the same old: "Well uhhh we just need AWARENESS people...and that's something that's really gonna come in in Q1 as we move on with the project, right now we have really been hitting all those markers guys" GOD DAMN FINANCIAL DOUBLESPEAK
No kevbo, you need a majority of people who are willing to consent to the idea that bitcoin and crypto is worth something and not when you have 1000$ invested already in it.

>>23904221
so, what should we/you do now?
just sell all xcm/crypto and move on?

>>23904097
Muh live support, until you actually need it. You clearly never had to deal with a locked account on your chink exchange.

Couldn't buy ETH? No idea what you're talking about, pic related. And if you marketbuy 25ETH the book refills almost instantly.
And on top of that, Coinmetro doesn't trade against its own clients like your average Chinese bucket shop.

Fees on CM are lower than 0,01% with locking up XCM. Maker fees are up to -0,05%, which means you get paid for getting your limit orders filled. XCM gets bought up and burnt (vaulted) constantly.

I only agree with you about the UX and transfer fees.

>>23904289
I don't know man. Chasing shitcoins I guess. I really want this project to succeed but I'm getting more and more pissed off as the time goes on. I have a 100k stack, bought mostly around current price range but I feel like they themselves don't know why it's stagnating and that's what horrifying. An "expert" doesn't know how to turn a losing franchise around

>>23904220
https://www.youtube.com/watch?v=n9p_uKtA4ZE
please ask him yourself, i dont want to butcher your question

>>23904360

>>23904352
>Couldn't buy ETH? No idea what you're talking about, pic related
It probably depends on the timezone. I'm from EU, it was around 14 UTC and the lowest sell order was $7 above market price, the last order executed was at 12 UTC or something

>>23904360
>I really want this project to succeed
> I have a 100k stack
get a job.

>Fruity colours
>UI designed for toddlers

No thanks.

>>23904587
i agree with this
https://www.youtube.com/watch?v=n9p_uKtA4ZE
go tell him to change it

>>23904055
i posted your question, should come up soon

>>23904816
I can't join the ama since I'm at work, can you post him this?

IMO they should focus on implementing staking ASAP, especially on XCM so holding it becomes less painful, but also on the various PoS coins and if possible on BTC/ETH (but like Kraken/Binance do, with a 0.5% APY). Receiving daily rewards from staking will sound very appealing to newcomers and they would be more likely to remain on the platform.

>>23905075
sure

>>23904055
answer
https://youtu.be/n9p_uKtA4ZE?t=2562

>>23905075
he needed to end the stream before he got to the question
maybe someone who has TG can post it there

>>23902449
>What do you mean
It was roughly a year ago when marketing was supposed to start and xcm skyrocket

>>23905464
Why would something being the same price give me PTSD?

>>23905397
I mean it's debatable, I guess wallets are being created but I would say a more important metric is the funds actually being transferred into these wallets. Are they being used and traded with? If that' the case then there is a light at the end of the tunnel, but I still don't see a shift in attitude with the layman because the media also has a negative way of presenting crypto. Crypto is still seen as gambling bascially. You don't hear about concrete ways in which it can benefit the average Joe. The headline you get is usually: Bitcoin mining in China, millionares using it to launder money, deepweb usage. It's always brought up in pedo arrest cases or drug shipping. I just think it's gonna take quite some time for people to change their minds.

>>23906075
https://techcrunch.com/2020/11/12/paypal-says-all-users-in-u-s-can-now-buy-hold-and-sell-cryptocurrencies/
https://cointelegraph.com/news/paypal-s-crypto-goes-live-in-the-us
https://www.theverge.com/2020/11/12/21562771/paypal-cryptocurrency-buy-sell-bitcoin-ethereum-litecoin-us-users

at first i thought you had a point but you're looking at this though broken binoculars and basically missing everything that's going on around you

you REALLY think paypal would do this because they don't know any better, it's the other way around my fren

literally no one knows about crypto, only a small part of the population even heard about bitcoin
https://www.youtube.com/watch?v=X9-STOyIQJI

this is just the start.

>>23906178
I hope you are right because that just means lamboland is inevitable.
It's just strange to me because all of my social circle is in crypto and such a seeming mass ignorance of it is baffling to me. I hope that the people who eventually do get exposed to it will have a welcoming opinion of it

see you next week bros