/biz/ - Business & Finance

>>9020975

I'm gonna buy a few. Missed the first big moonshot and ive been waiting for a dip ever since. Thanks for the heads up bizbro.

Leverage is good, I'm buying on cryptopia and selling on tradesatoshi doge market, buying high selling low

Good price. It will go back to 30+ sat when this is completed.

https://twitter.com/CryptoEmporium_/status/987247072620498944

I put 1 eth between eca and colx. I'm up double on eca but colx is lacking. If the market keeps pumping both coins should continue to do well.

>>9022064

both are quite nice indeed. But remember that Colx started its first pump a bit sooner then eca, so it's not really lacking - it's just that its correction also began a bit sooner while eca started to pump during that period. Eca is now cooling of too. So it's a nice new entry point for both i think.

I bought at 80 sat

>>9021695

The emporium partnership is nice, but im more interested to see what colx is going to do once they are listed on the major exchanges. They've got a long list ahead of them.

>>9022166

Shit, anon. Gonna be a while til you're in the green.

>>9022166

just hodl imho. this coin has seen nothing yet. The grid, the marketplace, zerocoin protocol, exchanges, etc.

Just bought 500K and i've set my sell target at 0.20 cents. Not sure how long it's gonna take, but i'm rather confident about it.

plz drop to ~15 sat

>>9022284

i honestly don't think it will bro. They succesfully crowdfunded their emporium partnership yesterday, so not long now before colx goes live there and becomes an actual commodity. I think we can expect the official announcement any day now so it will probably see a steady climb into new price ranges from that point on.

>>9020975
Are you mentally challenged

>1 dollar

10 billion market cap? kek

>>9022388

1 usd seems a bitch of a stretch yes, sure... it could happen, but it would require a massive, massive bullrun that raises the entire market capitalization.

I do think its a much better coin than verge tho, and that was able to reach .24 cents in november. Also remember that Colx has a much lower max supply then verge. So yeah... who knows.

>>9022468
Verge had a massive amount of shilling from mcafee and a dedicated group. Colx needs that to even get close which right now they don’t.

>>9022535

Honestly, colx just needs a better name. A lot Verge's success IMO is just branding. ColossusXT is just such a shitcoin name.

>>9022535

I'm not in it for the "right now", i'm in it for what it will be 2 years from now. As a crypto investor, i look for potentials and signals of strong growth.

I invested in verge when it was just 12 sats. Believe me when i say that Colx finds itself in a very similar position as to were verge was about one year ago.

>>9022564
This is like it’s 3rd rebrand. It needs to stop now the name is stuck

>>9022597
Verge was on major exchanges before they became prohibitive for smaller coins to get listed on. Cryptopia is alright but if you can't set stop limit orders, it'll never attract big players.

>>9022608
The name is pretty bad but I think dropping the "XT" is warranted since the original ColossusCoin project is quite obviously dead. "Colossus" is still a retarded name but it's slightly better than ColossusXT.

>>9022638

I truly don't understand the mindsets of poeple like you, no offence bro. In order to succesfully invest, it's all about seeing the potential developments in the future.

Sure, exchanges became more prohibative when it comes to smaller cap coins. Does that mean Colx won't make it to any of those? No, ofc not. That would be nonsense and you know it dude.

Doing some research into this team made me very confident about such things, it's basically one thing negating the other.

>>9022737
I'm just saying I've seen this kind of coin rise and then slowly fall many times before and it almost 100% of the time involves the "biggest" exchange the coin listed on being Cryptopia. I'm glad COLX at least has Cryptopia available at this point, and the team has been pretty good at getting stuff done, but I do think it's a leap of faith to assume that one thing will just naturally follow the other. It takes a lot of money and work to make that next leap. Could it happen? Sure, and if you're accumulating you'll be in great shape. I've got about a million I picked up cheap in case that happens but I'm also cynical enough that I won't be surprised if it flames out.

Hell, I'm just buying in the hopes that it can make it back to ATH of 120 sat. I'm cool as fuck with 6x gains.

>>9022913

Point well taken. You're right about it being a leap of faith, but in the end... aren't all cryptos to a certain extend?

In this regard, I think it's all about weighing faith vs fact... if the quality of a project is evident, faith becomes less of a factor and it would enable one to approach it from a more logical perspective. But granted, it always plays a certain role indeed.

I'm just following my own strategy which gained me some very decent profits the last few years. For me, Colx checks out on all aspects, so im investing in it. To prove im not bullshitting, see pic related. I sold that batch of verge for almost 20K.

I'm liking this discussion tho, reminds me a bit of the old /biz/ :)

>>9023303
You were a stronger holder that I with Verge. I sold for a modest profit during the little pump in October but would have made almost $70k if I held for the actual pump. I won't make the same mistake with COLX but we're trying to catch lightning in a bottle a second time. I just hope the team keeps the news rolling.

>>9023303
The reason why the discussion is like old biz is because the project doesn’t promise goals it will never reach. They aren’t looking to take down bitcoin and are fine with modest expectations.

Damn you need almost $20,000 for a masternode now.

>>9023363

It's hard to time markets mate, don't feel bad about it. You made a profit, so you did well.

My personal strategy however is to sell incrementally. Set two or three realistic pricetags; 0,05 cent's, 0,10 cents and 0,20 cents for example and decide on the volumes for each of those trades.

This way you're hedging yourself against all sorts of scenarios. It's a bit less profitable, but much more reliable.

>>9023492

btw, speaking of masternodes... the maximum supply is 10mm, but its estimated that nearly 30% of that has been locked by masternodes. So it's actually much lower then CMC displays.

As demand grows, somewhere along the line this factor will come into effect and will positivily influence the price.

Just another thing to consider bizbros.

STRAP IN BOYS, IT'S GOING UP AGAIN!!! 100 SATS END OF MAY!!!

Allright lads, time for me to cook dinner. Be smart /biz/, get them before they're hot. You're not going to regret this. Promise.

Dang, actually had fun on /biz/ again. Thx lads.

>>9023687
Oh yes, so much moon.

I actually just sold mine for a x3...i was up x4.5 at peak. I'll buy back in after it finishes dipping.

>>9023850
Stay poor :)

>>9024080
Hey, I got a 2x out of COLX (got in late), but it'll go down while people chase other alt moons. I'm hoping it hits 10 sats again. I like modest coins like this actually. Mainly because I like the idea of competing currencies with small circulation.

>>9022429
>market cap brainlet
yes because the total crypto market is going to stay at 300B forever

I had 15million of these once, bought at 4 sats... if it goes to $1, might actually off myself.

>>9024326
lmao as i said, it's going back up, at 25 satoshi now, stay poor dude

ITS MOONING BOIIISS TODAY ITS THE DAYYY

Today is the day