[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 10 KB, 250x250, A01EE168-D98E-42B3-A6E9-6B547A9E27AC.jpg [View same] [iqdb] [saucenao] [google]
20854013 No.20854013 [Reply] [Original]

Centric Cash (CNS) and Centric Rise (CNR) are poised to revolutionize the stable-coin market. CNS just launched yesterday, and is used to peg the value of CNR. Its programmed to go up slowly over time. One CNR equals about 10 CNS as of now. They have a working platform, on the tron blockchain (in process of making their own), and a 31,000,000 supply. Current price is .0018 and could easily hit $1.

https://www.coingecko.com/en/coins/centric

https://www.joincentric.com/

https://www.joincentric.com/whitepaper/

Volume is at 400k as well

If this doesn’t have all the makings of a moonshot, idk what does

>> No.20854076

>>20854013
im in

>> No.20854187

>>20854013
Timeline for PT?

>> No.20854257

>>20854187
PT?

>> No.20854304

>>20854013
Can you explain why i should exchange my cns into cnr ?

>> No.20854364

>>20854304
CNR slowly increases in value in terms of CNS over time. You can then convert it back to CNS whenever you want

>> No.20854406

>>20854304
Its a stablecoin pegged to the value of another crypto rather than one pegged to the value of USD

>> No.20854441

>>20854406
A stablecoin that isnt stable ? Man i dont get it.

>> No.20854488

>>20854441
Ampleforth exploded with it's own gimmick, and if you got in early in that you could've made tens of thousands of dollars from chucking a few eth at it. Be smart and grab this early while biz hasn't caught on yet

>> No.20854517

>>20854441
CNR is stable. One CNR will be worth 1$, but for the time being the two aren’t. I don’t really get it either but it seems legit enough. Shitcoins like Cybercoin moon here so this coin with a working platform, knowledgable team, ect are all good. RSR is going to be a stablecoin once it hits $1

>> No.20854539

>>20854488
Checked. This anon gets it. Wait until people start fomoing in. It literally JUST launched and is at the ground floor

>> No.20854675

>>20854539
I actually missed ample but got in super early on Sta. Once more people get in, have that ooooohhhh moment, the mass shilling starts. Really all new projects need to pump hard these days is a new gimmick and not be a totally worthless team, this has 50x and up potential as the marketing will be huge

>> No.20854734

This looks like the best call i have ever found on biz.

>> No.20855230

>>20854675
Looking at this project, it really has all the makings to pump. This will pull an ample

>> No.20855253

>>20854734
Remember this thread when you get your lambo after the 1000x. That also isn’t unrealistic either, 50 mil mc

>> No.20855544

This is gem 100x minimum. get in.

>> No.20855959

>>20855544
100x would mean 6m mc..... its a long journey. Lets see where it goes.

>> No.20856098

Explain to a brainlet OP, which coin should we buy for the moonshot, CNR or CNS?

>> No.20857001

>>20856098
you can only buy CNS from exchanges then you can either keep it as CNS or you can convert it into CNR through centric swap on tronlink wallet or through centric wallet on their website. just turn on the 2 factor on the website wallet first.

>> No.20857041

>>20856098
the peg is 1 CNR to 9.7384 CNS making CNS equal to a stable coin value of $1. if you convert your cns to cnr now then with every hour your cns balance would rise due to hourly increase in value of CNR through CNR burning.

>> No.20857076
File: 55 KB, 1516x717, faq.png [View same] [iqdb] [saucenao] [google]
20857076

>>20857041

>> No.20857139
File: 599 KB, 1883x810, swap.png [View same] [iqdb] [saucenao] [google]
20857139

>>20856098
>>20857041
every hour the ratio of CNR:CNS goes up you can see it go up here https://explorer.joincentric.com/data/prices

>> No.20857336

>>20857041
So I bought a million of these things on probit, got rekt buying at .007. Should I be staking with as much as I have or waiting for a pump?

>> No.20857417

>>20857336
It's up to you. You can convert pretty fast at https://www.centricswap.com/ and then liquidate at https://swap.oikos.cash/swap but I have no idea what the liquidity looks like

>> No.20857805

>>20854013
Sorry fren, this is a scam. Buy Verasity.

>> No.20857864
File: 333 KB, 860x612, 156-1564249_dank-memes-png-transparent-dank-meme-png-png.png [View same] [iqdb] [saucenao] [google]
20857864

Just bought 900k of em... please don't fuck me

>> No.20858159
File: 201 KB, 364x364, 1-1.png [View same] [iqdb] [saucenao] [google]
20858159

>>20857864
500k checking in. May she deliver us to the promised land

>> No.20858200

>>20857336
Up to you. you can convert it in CRN (which would increase your CNS meaning double the benefit if CNS rises) or keep it as CNS and only enjoy single profit.

>> No.20858475

>>20854013
Fuck anything involved with tron. Everyone should look at trustdao if they want a low mc gem. Trustdao will be .10c EOW and can easily pump like SLP and tendies have.

>> No.20858540

https://www.joincentric.com/rise-price-calculator/
what the fuck? is this legit

>> No.20858582

>>20858540
it is IF you assume the price of CNS does not change between now and a year. It's a little misleading

>> No.20858596

>>20858540
https://www.youtube.com/watch?v=ZNqH6Al9wBE
Such a scam, no legit project is going to make such statements

>> No.20858751

>>20858596
Really anon they don't make any bold statements. Just normal startup bullshit talk.

>> No.20858766

So I had a look at the whitepaper, I guess this does something similar to what AMPL is trying to achieve, don't mind the figurehead CEO, probably from the sales/marketing background, I think there's some good tech in the background, could be worth taking a risk as it seems early

>> No.20858794
File: 148 KB, 2540x432, Screenshot 2020-07-31 at 10.29.48.png [View same] [iqdb] [saucenao] [google]
20858794

>>20858751
Except for saying your investment will grow in value hourly? You fucking retard

>> No.20858822

>>20858766
Github is basically empty

>> No.20858836

>>20854013
Centric on tron blockchain ahahaha

>> No.20858897
File: 154 KB, 1998x308, Screenshot 2020-07-31 at 10.37.11.png [View same] [iqdb] [saucenao] [google]
20858897

>> No.20858915

>>20858766
The way I look at it is their attempting to shift the conversion of a two coin system at a steady rate so as to introduce a slow deflationary system until a balance has been reached. Although their claims, as >>20858794 said, can be outlandish.

If you do the math 250 / price of cns (0.00164147) = 152,302

152,302 * price of cnr ( .102) = 15,534.804

1 year later CNR:CNS is at a ratio of 1:100

Therefore 15,534.804 * 100 = 1,553,480.4

1,553,480.4 * price of cns (0.00164147) = 2549.991472188

All assuming CNS stays at .001 which who the fuck knows.

>> No.20858965

>>20858794
maybe marketing went slightly overboard, but what they claim is not false if the reference is also mentioned, i.e the price of centric cash is programmed to increase by a smartcontract
https://explorer.joincentric.com/data/prices
whether the market decides that's fair price is another thing.

>>20858822
The code is all there
https://github.com/Centric-Org/contracts/tree/master/contracts
https://www.joincentric.com/docs/centric-protocol-audit-report_iosiro_16-04-2020.pdf
https://explorer.joincentric.com/contract/TYLrbh1pVcx95bop33XQ1iYdh7r3ogEQ8Q
https://explorer.joincentric.com/contract/TMJWuBDvwvcm6QUWXDaC6GqTyq3FgEmWEt

The only thing is whether the claims are realistic or not, don't know with this market anything is possible, I'm willing to take a risk, sending some USDT to probit

>> No.20859015

>>20857139
>>20857041
But what's the best call? Keep it in CNS or convert?

>> No.20859063

>>20859015
Honestly if you're gonna gamble on it convert, you're loosing .001% every hour or some shit. But for real don't expect miracles.

>> No.20859199

>>20859063
yeah it's better to convert I think, CNR being deflationary, an amount equivalent to the price rice seems to be burnt every hour, still going through the FAQs to figure out more
https://www.joincentric.com/faq-rise/

>> No.20859303
File: 104 KB, 258x251, CNSMAKEIT.png [View same] [iqdb] [saucenao] [google]
20859303

im ready

>> No.20859400
File: 116 KB, 1879x942, BURN.png [View same] [iqdb] [saucenao] [google]
20859400

>>20859199
https://explorer.joincentric.com/burn
over 3k burned every hour

I thought supply was fucking bullshit until I found this!

https://www.joincentric.com/whitepaper/

> The value increase is performed consistently through a mechanism of burning tokens. The more transactions, conversions, and adoption that take place, the faster Centric tokens are burned out of circulation. As the tokens gain utility through the ecosystem, the velocity of use will result in improved liquidity. The Centric Rise tokens value is not dictated by the volatile cryptocurrency markets today, or any market for that matter; rather it is built into the token design and carefully calculated the rise in the price based on how the project is forecasted to perform. At present the token increases at 28.5% value per month.

CNR is burned at the same rate as the value is increased.

>> No.20859419

>>20859400
Someone please add this to the daily thread. My hands hurt and I can't type!

>> No.20859465

>>20859400
31,886,400 burned every year

>> No.20859486

>>20858965
And the Bittrex listing announcement, which Bittrex hasn't said anything about?

I can't tell if everyone here is a Centric shill or the bull run has spawned a new wave of retards here

>> No.20859510

>>20858897
If she could do even half the shilling to jeet simp boys that Justin Sun does this coin will 100x

>> No.20859752

if xample does what it does this can do the same

>> No.20859964
File: 66 KB, 910x726, phil-mcgraw-dr-phil-youtube-meme-dank-meme-png-clip-art.png [View same] [iqdb] [saucenao] [google]
20859964

>> No.20859996

>>20859964
https://vocaroo.com/3EPftHH9wP4

>> No.20860031

>>20859996
>https://vocaroo.com/3EPftHH9wP4

lmfao

>> No.20860039

>>20859486
https://twitter.com/BittrexGlobal/status/1276704371733135366?s=20

>> No.20860139

>>20860039

GET IN HERE BIZ

>> No.20860156

>>20860139
xamp is stealing all the attention. when it's through make sure they know about deflationary cnr

>> No.20860203

>>20860156

i got 890k, should i change to cnr or keep as cns if i jsut want a 5x or 10x

>> No.20860247
File: 171 KB, 200x207, 5ddbea5c837f47bbe260ddb5ce44f954.gif [View same] [iqdb] [saucenao] [google]
20860247

This is it guys. Get in. This is some real shit, forget AMPL, this is CNR and CNS duo that would fetch 100 X and this is conservative. Just read their whole paper and it sounds and smells money.

>> No.20860258

>>20860203
Who knows. Once it's listed on bittrex you may get like .5x There's a lot in circulation.

>> No.20860318

>>20860247

it un ironically is.

>> No.20860353

No erc20, no uniswap? Normies can't buy and pump it

>> No.20860431

>>20860353
The craving for CNS is real my man. Get in even with a small input like $50. But be part of it. Send USDT to probit and buy it. Maybe this $50 would be the luckiest shit you have ever invested. This shit could go parabolic in weeks.

>> No.20860736

gl lads, once xampl dies this will be everyones talking point

>> No.20860815

>>20860431
Yea fuck it. Bought a suicide stack. To 5m mcap this is x100. Don't even need the normies

>> No.20860995

>>20860815

Welcome

>> No.20861126
File: 6 KB, 200x200, 0973_-_Zz5utXt.jpg [View same] [iqdb] [saucenao] [google]
20861126

Way to go.

>> No.20861220

which wallet do i use for this token

>> No.20861251

>>20861220

Website has their own i believe or a desktop one too

>> No.20861295

>>20861251
thank you

>> No.20861300

I fuck you not, I just bought 1.1m on coin tiger. You can even check the order book history. This shit will fucking moon!

>> No.20861330

>>20854013
keep shilling

>> No.20861360

>>20861300
ta bro, this is fucking APML level shit baked in simplicity and yet is very complex if you look deep inside it. fucking rocket ready to take off.

>> No.20861387

>>20861300

i got 890k

>>20861360

should i swap to CNR or just hodl CNS

>> No.20861399

>>20854013
Here's your daily moonshot anon. This one is about to take off Dont miss on CRB or regret. Easiest x2 of the day huh

https://uniswap.info/pair/0x5380aa2876161d6b9ff656f6463311fbb6fc84f5
https://www.cerebrumportal.com/

>> No.20861436

Fuck it, I'll buy $100 worth just in case more retards buy into it. Alt season is coming up so I hope you fuckers keep shilling it.

>> No.20861461

>>20861300
Im planning on buy 3 mil

>> No.20861463

>>20861399

FUck off REEEEtard, go make your own thread

>> No.20861484

>>20861387
Converting into CNR would increase your CNS and is good if you wana hold for say a month. 28.5% more CNS at the end of August so your 890k would become 1143.65 k.:)

>> No.20861551

Welcome lads, all aboard the next gem

>>20861484
Can i withdraw at any time?

>> No.20861858

>>20861551
Yes, sure. Just swap them back on Tron tronlink or Centric's own wallet.

>> No.20861863

>>20854013
How to buy uniswap?

>> No.20861869

>>20861551
Convert the CNR back to CNS and then send CNS to exchange if you wana sell. Simple, easy.

>> No.20861881

>>20861863
It's not ERC20 but TRC20. It's based on Tron not Ethereum due to ETH fucking high fees and network congestion. Own blockchain coming next year.

>> No.20861995
File: 116 KB, 1920x1080, 837456391348.jpg [View same] [iqdb] [saucenao] [google]
20861995

>>20854013

HOP IN BOYS, TIME TO RIDE THIS WAVE

>> No.20862044

>>20861995

NEXT BIG CRYPTO, STILL GEM AT 100K MC

>> No.20862078

feel sorry for people who don't just buy now and not try catch people selling.

>> No.20862107

>>20862044
two green candlesticks since I got in :)

>> No.20862118

>>20854013
>https://www.coingecko.com/en/coins/centric
>ON FUCKING TRON
it's a piece of shit

>> No.20862150

>>20862118

Next year i believe they're going to own blockchain, if you read above.

but until then i agree, if it wasnt on tron it'd be going parabolic by now

>> No.20862167

>>20862118

BUT doesn't stop it from achieving something until then.

>> No.20862448

should i convert to cnr?

>> No.20862478

>>20862448

I'm probably going to, it seems like from the comments that it is a good idea.

i'll do it tomorrow

>> No.20862715

>>20862478
what if the price of cns goes up

>> No.20862787

No clue honestly, think its a set ratio, then price of CNR goes up

>> No.20862937

ALL THESE WEAK PUNY FAGGOTS SELLING JUST TO GET .5, 1 ,3 ETH BACK

I DESPISE YOU!!!!!!

>> No.20863147
File: 2.48 MB, 300x224, giphy.gif [View same] [iqdb] [saucenao] [google]
20863147

>>20854013
400k CNS 10kCNR

I'm ready

>> No.20863418

Could only afford 218k. Worth a shot. Left it as CNS in a Tron wallet. Need to understand the conversion before I do that.