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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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3985004 No.3985004 [Reply] [Original]

Anon.. please dont tell me you missed the most promising ico of the year which sold out 150k eth in 6 hours with individual cap.

please anon.

brb gov backing
brb korean 2nd biggest bank funding
brb better tech than eth
brb team of +60 developers

brb already trading at 3x ico before the coin is even out: IOUs

https://hitbtc.com/ICX-to-ETH

this will hit a billion very soon.

>> No.3985029
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3985029

I almost missed it by 4 minutes.
Could only spend my funds on MEW, kraken was too slow:(

>> No.3985070

I put 28 ETH into the ICO. No matter how badly LINK and REQ go I still have this to look forward to.

>> No.3985134

How it's even possible to trade ICX before KYC?

>> No.3985140

>>3985004
shitbtc. under ico price confirmed.

>> No.3985477

>>3985004
>Anon.. please dont tell me you missed the most promising ico of the year which sold out 150k eth in 6 hours with individual cap.
Enjoy your next IOTA.
No room for growth.

>> No.3985588

Generic asian shitcoin #3994782

>> No.3985617
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3985617

There are girls on the team!!!
BUY BUY BUY

>> No.3985626

>>3985004
Isn't korea the nr 1 holdler of Eth?
why do they need korean eth?

>> No.3985737

>>3985626
So it can be tailored to Korean needs and controlled by Koreans. It already has a shitload of partners and backers, this is legit huge.

>> No.3985791

What exchange can u get other than hitbtc? What's the current price atm?

>> No.3985800

>>3985029
Who's this semen demon?

>> No.3985811

>>3985791
It isn't tradable yet, and probably won't be until December. You can just buy IOUs on hitbtc but they're 3/4x ICO price so I'd probably hold out until it hits exchanges properly.

>> No.3985831
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3985831

>>3985811
Thanks Guy,

>> No.3985887

>>3985004

>he actually thinks hitbtc IOUs mean anything at all.

Anon, they are literally the biggest joke in the room whenever some newfag IOU flipper discovers that his ICO bag is "already worth 50x holy shit this is easy!!!"

Hint: disregard hitbtc IOUs

I'll make a prediction based on experience, and I urge you to see if it sticks: prices will grow slightly above ICO for the first week, then continue to trend down for months, perhaps up to half a year before finding a floor and consolidating for a further few months. It is from here, roughly 60-80% below ICO price that the real accumulating actually begins as disillusioned flippers start selling bags to scavenge what little they still can. From this new floor, prices will eventually begin steadily gaining upwards momentum, intermittently pumping or shaking out weak hands. Then after, say, a year or less, the self-assured "smart money" investors start picking up the signs of a good value buy and the increased volume eventually attracts more fruitflies to the winebottle. The last stage of each of these systematically growing pumps is always the hysteric normies on /biz/ and reddit and other social media channels, who are whipped into a frenzy and who further incite FOMO in the rest of the normies like a chain reaction.

It is at this point that the biggest dumps usually occur, yanking the token/coin into the next big fud cycle, tearing prices down for months at a time until an organic floor is found yet again, resetting the process.

This is done with pretty much every bigger and "notable" project. Locap coins are merely peripheral noise for these people, usually exploited by amateur pump and dump groups with 100-1000 members with a combined 25 BTC at best between them, dumping on eachother after a mere 15 minutes of pumping.