/xETH/ - Xplosive Ethereum General

[Anonymous No.23025632]

Jannies banned us edition.

FUCK EM JANNIES

>>23005064

Website : https://www.xeth.finance
Daily rebases dashboard : https://xeth-rebase-dashboard.herokuapp.com
CG chart : https://www.coingecko.com/en/coins/xplosive-ethereum

To quote the fapfren his last words:

Here is why you should buy xETH :
>Elastic supply token like AMPL but WITHOUT THE NEGATIVE REBASES
>Rebases occur when xETH's price > 0.01 ETH
>Rebases are compounding, so it's like a savings account but with higher daily returns
>Serves as a hedge if ETH dumps
>Deflationary tax decreasing the supply meant to PARTIALLY discourage sellers
>Price fluctuating between $7 - $12 in the past week, meaning this range is safe to buy and wait for the daily interest given that after a few days of patience you'll break even at worst or see profit at best
>Team and community both are engaged and united in order to make this work. Dev wallet burned has of its inflated funds and will do it again in the future if needs be
>Get comfy in these threads (does not require buying)

Here's why you SHOULDN'T, or at least THINK TWICE :
>xETH is essentially worthless, if people don't try to make it last it won't be sustainable
>ANONYMOUS TEAM
>CODE HASN'T BEEN AUDITED BY A LEGIT PARTY
>low liquidity, wild price fluctuations (fixed soon™)
>NO VOLUME = DEATH
>SINGIFICANT DECREASE IN NEW BUY PRESSURE = DEATH

That's it for today; bump it.

[Anonymous No.23025746]

>>23025632
Finally someone made a thread. I apologize for not being here making one earlier, turns out my ISP is banned from posting any picture, only on /biz/ though.

Sorry anons, I won't be able to make these threads comfy anymore. I hope that other holders can take the reigns for the time being.

[Anonymous No.23025792]

>>23025746
Gotcha, ISP banned aswell but will be free in a few hours.

[Anonymous No.23025893]

>>23025792
Fuck Hiro, fuck advertisers, fuck the fucking niggers jannies and mods both running this board and website as a whole. They unironically leave scam threads and other worthless crap running rampant but a little "nudity" and they lose their minds. I was wrong to assume they were tame like those on /an/. It makes me seethe to no end.

Also regarding xETH, it looks like the team is considering modifying the rebase and/or taxes. Turns out it's done manually and I apologize for telling people the opposite. They're planning to make this process automatic in the future, however. But for now, the community and the team both have been discussing and in short it looks like the daily rebases will be reduced because this wouldn't be sustainable in the long term. Right now fudders are having a field day trying to make people sell.

The good stuff is still coming, though. Marketing has been confirmed, along with LP-Staking in the works. xETH should hopefully remain a comfy hold this week at least, but I wouldn't be surprised to see the price fall back down to $7 at worst. At any rate, the daily rebases should maintain your profit or help you break even.

[Anonymous No.23025928]

>>23025893
>Also regarding xETH, it looks like the team is considering modifying the rebase and/or taxes.

Which percentage did you vote and why?

[Anonymous No.23026061]

>>23025928
For both votes, I picked the less likely option to be chosen - the ones at the bottom, just to be a contrarian.
But for real, I would have voted for the rebase lag to be 1/25, and 7.5% for selling tax.

Even at 1/20, I believe they're way too high despite how good it is to see your stack massively increase. The deflationary tax alone cannot counter inflation with our current rates. So with both a lag of 1/20 and a selling tax of 7.5%, it helps forcing people to adopt a long term approach. However, we all know that if it starts making people feel trapped, then it wouldn't take long for the pyramid scheme/ponzi narrative to form in the collective opinion.

I've seen people complaining about a slight volume decrease in the price channel, and some people raising legit concerns about the deflationary tax not being enough to prevent the rise in MCAP on the main channel being shut down unfairly by overly positive holders. I don't know what to make of it. It's likely people being a little salty due to the small price retrace from $14 added to the future rebases being smaller in size. Or maybe a coordinated FUD attempt in order to bring the price down, so that the youtubers contacted by Sarah and the marketing team could have a lower entry to properly fill their bags before going full blast with the promotion. The latter is my schizo take on the matter but despite how good xETH turned out to be for me in the last week and a half I can't help but being fearful or paranoid

[Anonymous No.23026247]

>>23026061
>and some people raising legit concerns about the deflationary tax not being enough to prevent the rise in MCAP on the main channel being shut down unfairly by overly positive holders.

Yea - tax should be higher and rebase lag probably aswell. This isn’t sustainable for weeks - let alone months. Things you’re saying are based anon, I am with you on this train counting fat stacks of cash - but it feels like we might crash in the coming weeks for sure.

[Anonymous No.23026315]

>>23025746
my ISP is also banned, fuck jannies

[Anonymous No.23026398]

>>23026247
I seriously hope that in the case of a crash, we'll be able to bounce just like those who bought the top at $16 near launch.
>>23026315
Based. Fuck them all.

[Anonymous No.23026427]

>>23026061
>pyramid scheme/ponzi narrative
take a look at core, it's a literal ponzi scheme and it's mooned hard. Don't see why this can't do the same.

[Anonymous No.23026451]

One of 20 people to put 5 ETH in on the original presale, maade about 30 ETH which is nice but if I had held this entire time and sold now would have made 150 ETH ouch. People who have held since presale now have 11.3x more than they started with, and the value has increased by 3x currently. Need price to go down so I can buy in again.

[Anonymous No.23026467]

>>23026398
>I seriously hope that in the case of a crash, we'll be able to bounce just like those who bought the top at $16 near launch.

We will for sure - but it will scare the fuck out of me if it happens.

>>23026427
>Don’t see why this can’t do the same.

True, that’s my take aswell. If they increase lag and higher taxes we can go to insane prices - imo.

[Anonymous No.23026506]

>>23026427
You're right. xETH's advantages compared to AMPL and even xBTC remain unparalleled for now, so it's likely we'll know another leg up. The TG channel only has 1/4 of xBTC in terms of numbers.
>>23026451
>I had held this entire time and sold now would have made 150 ETH ouch
Any profit taken is profit in the end, anon. I hope you'll manage to find a cheaper entrypoint.

[Anonymous No.23026516]

i really hope the price would go down a bit so i can accumulate more

[Anonymous No.23026656]

>>23026506
Thank you based poster I hope you find huge gains. I'm sure hedging my bets will pay off in the future, but even now I'm glad to have sold a lot more than my initial investment.

[Anonymous No.23026785]

>>23026516
Missing rebases though.

[Anonymous No.23027021]

Fuck Jannies.

[Anonymous No.23027108]

>>23027021
God I wish I could contribute too. Nice picture anon!

[Anonymous No.23027259]

>>23027108
Will you ever get released from the jannies jail? Or perma /biz/ ban?

[Anonymous No.23027501]

>>23027259
ISP bans usually tend to last for weeks, if not more. I remember one preventing me from posting altogether lasting literal months in my area, and I didn't do anything wrong at the time. Some fucker spammed CP on /v/ a few hours prior.
No matter how many times I used the feedback option at a last resort, they never listened to my claims regarding ISP bans.

It's the fucking worst. This time it's only on one board and only pictures, so it's manageable.

[Anonymous No.23027522]

Looks too goooood, still a good buy point I guess?

[Anonymous No.23027584]

>>23027522
The next rebase isn't due for at least the next 10 hours, or so. Meaning people will try to grab a bag before it happens, or maybe some will sell because they can't wait for the next rebase to come, in fears of their holdings losing value because of dumpers. It could go either way anon.

[Anonymous No.23027837]

>>23027021
Woops.. based.

[Anonymous No.23027925]

>>23027584
>It could go either way anon.
I hope we can stay around 20% rebase to be honest, calm things down a small bit.

[Anonymous No.23028009]

>>23027522
Personally I'd wait for 0.025 eth per... but the fomo is strong and has been for a while. Either way you're buying market share, it sounds retarded but price is kind of irrelevant unless you plan on selling the same day

[Anonymous No.23028187]

>>23028009
Hmpf, don’t think that will hapen today - around rebase time we always go up again!

[Anonymous No.23028348]

Fucking jannies banned em while i was havin a go fucking nig jans

[Anonymous No.23028349]

>>23027837
>>23027925
I'd consider 20% to be way too high - people were already wondering if 16% wasn't too much 2 days ago. But high percentages create FOMO. Surely there'll be a kind of balance keeping the price in the $8 - $11 range this week before
>>23028009
>Either way you're buying market share, it sounds retarded but price is kind of irrelevant unless you plan on selling the same day
marketing goes full blast, I guess.
No, you are correct. It's very similar if not the same thing as AMPL, it's just that this time the rebases are always positive. What matters above all else is your share of the mcap, price is "secondary" in the sense that the token has been designed to crab in a range. The longer you hold, far higher are your chances of making a profit or at worst breaking even.
That's of course taking into account the possibility that the volume and/or buy pressure will stay at sane levels, thanks to the promise of daily rebases. It's really like walking on thin ice, but I've made this risk clear several times already. xETH remains a high risk DeFi experiment, a valuable and first of its kind, but an experiment nonetheless.

[Anonymous No.23028369]

>>23028349
>Surely there'll be a kind of balance keeping the price in the $8 - $11 range this week before
marketing goes full blast*

[Anonymous No.23028536]

>>23028369
Do they have marketing planned?

[Anonymous No.23028591]

>>23028536
Wanted to take a screen of "her" message instinctively, but you'll have to make due with a copypaste.

Sarah :
"Huge roll out of youtubers this week guys. Just landed another one on top of the last one (prayer smiley.png)"

[Anonymous No.23028607]

Also, someone got tired and dumped the price back to $8.8 - it's likely we'll crab between $8×and $11 or even $10.5 as I surmised.

I wish I could dump pictures.

[Anonymous No.23028716]

>>23028607
Better than these 30% rebases

[Anonymous No.23029118]

>>23028591
>Sarah :
>"Huge roll out of youtubers this week guys. Just landed another one on top of the last one (prayer smiley.png)"

Should be huge for us holder rn - hope it works out.

[Anonymous No.23029368]

>>23029118
I wish I had a gyaru gf, nice pic anon.

[Anonymous No.23030139]

Bump. These threads weren't lively to begin with, but it feels less colorful than usual. I fucking hate jannies.

[Anonymous No.23030329]

>>23030139
It’s sad. I miss it already.

[Anonymous No.23030488]

The price channel is starting to get a little heated, which should trigger another wave of panic sells because of holders coping adding fuel to the fire. Hold strong if you're greedy and believe in what's to come next week, or for those who are in profit - sell a portion so that you don't regret it later, just in case. I should have done so myself.

Greed took over a long time ago. I'll hold this right down to my entry point, namely $4.5. I got addicted to the rebases.

[Anonymous No.23030490]

L

[Anonymous No.23030527]

I

[Anonymous No.23030555]

V

[Anonymous No.23030578]

E

[Anonymous No.23030595]

L

[Anonymous No.23030620]

Y

[Anonymous No.23030706]

checking in

[Anonymous No.23030819]

>>23030490
>>23030527
>>23030555
>>23030578
>>23030595
>>23030620
Thank you, anon.
I couldn't hold any longer and came at the "V" picture.
Hopefully I'll be able to edge longer with my xETH.

[Anonymous No.23030894]

>>23030819
>Hopefully I'll be able to edge longer with my xETH.

LMAO, ye same. Rebases and big titties seem to be my drug these days.

[Anonymous No.23031091]

got a fat stack. hold for ez rebase gains

[Anonymous No.23031342]

>>23028607
>Also, someone got tired and dumped the price back to $8.8 -

I believe it’s some whale(s) trying to get it cheaper atm, not sure though.

[Anonymous No.23031372]

Bumpy

[Anonymous No.23031560]

>>23031342
This aged well.

[Anonymous No.23031717]

[Anonymous No.23031824]

>>23031717
I fucking miss sora no otoshimono. Near the end, the manga really focused on the plot, and by that I mean the REAL plot. Good post anon! I would have dumped my Astrea folder ITT if it wasn't for jannies.

[Anonymous No.23032529]

Last bump for today.

[Anonymous No.23032658]

https://www.dextools.io/app/uniswap/pair-explorer/0xac0fe6c0b239eedcc12bc3e997e5492b04cc61c3

[Anonymous No.23033034]

I'm gay and I hold xETH

[Anonymous No.23033075]

>>23032529
Ye. Last.