Arb below 1$ - page 7. | Bitcointalksearch.org

tvplus006

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Quote from: adaseb on April 02, 2023, 10:05:10 AM

The coin is dropping because the ARB foundation might be dumping more coins than agreed upon. I think it was agreed they would only sell $50M but they did some voting and asked to sell more tokens and people voted "no" but they might still dump those tokens...

Ethereum layer 2 solutions provider Arbitrum has backtracked on its governance voting system following community backlash from token holder - https://cryptonews.net/news/altcoins/20752117/.
On its official Twitter page, the Arbitrium Foundation published a message that its first management proposal, AIP-1, “likely will not pass” and added its “committed to addressing the feedback received from the community.”

raidarksword

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It could be if holds with the current support price right now. In every airdrop it really cause a break down of the price for everyone are selling after they get their airdrop respectively. So, it is better to sell it and wait for more dump before buying it. So currently 1.22$ is the current price but it could down a little more, just set your buy order below your price target and see it happens.

rodskee

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Quote from: gaston castano on April 02, 2023, 08:46:16 AM

Quote from: ElmedoRator on March 30, 2023, 06:16:50 AM

It's up to you to speculate, but I'm leaning towards the possibility that this market will become very large in the next bull cycle. And I think the current valuation of the whole Arbitrum is over $10b that's not a problem for me, maybe for a lot of people in the current context it's huge, I see that too but as mentioned that I believes that the market will be huge in the future so leading projects like Arbitrum will also receive significant growth.

and the price of 10 $ for each arbitrum coin is also not impossible, I predict that in the future the arbitrum will be as large as matic or the like, OP is released when market conditions are red, while ARB has improved quite a bit.
but we will see how both perform after a few years.

This is crypto market and nothing is impossible as we have seen that happened many times before , Bitcoin even called not to cross a dollar but look at it now, though you must be ready to whatever comes because that is the risk of this kind of investment.
but this does not mean all will climb high as we expected, if you are ready to lose ? then why not , grab all opportunities and risk.

kotajikikox

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Quote from: Gladitorcomeback on April 02, 2023, 05:44:45 AM

Quote from: kotajikikox on April 01, 2023, 09:12:11 PM

It is still OP's decision as I believe he trusted this coin (and maybe part of lucky Airdrop person to gather many) so buying this below a dollar is a good choice but the thing is that "Would ARB going to drop that low"? that is something that needs to be addressed because for me this will stay above a dollar and will grow again next year, better for OP to purchase now as it is the lowest from the after airdrop price and gather as much as she can for further investments.

actually i was expecting price around 0.5$ to 0.7$ before listing and its starting price shocked me. bybit and Bitget was two big exchange listed Arb and price was above 2$. although when i claimed token the price was dumped to 1.11$ and i sold half at the rate of 1.11$ and after Binance listing, i sold remaining token at price of 1.25$.

you did a great job in selling those range mate and yes you get a good return from airdrop though a little lower from what others got but still a great amount for a freebies .

Quote

now my average selling rate is 1.18$ almost and i don't want to buy at same rate that i sold. i am still believing that one correction in btc will give me chance to buy Arb below 1$ and i will make my first entry. in two years , I am expecting atleast 3$ price which is possible in bull market.

of course you don't have to buy in that same rate because the effort will be taken away for that so I hope that the price will drops low to below 1 dollar so you can purchase again as I am also planning to buy because I missed the airdrop.

adaseb

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The coin is dropping because the ARB foundation might be dumping more coins than agreed upon. I think it was agreed they would only sell $50M but they did some voting and asked to sell more tokens and people voted "no" but they might still dump those tokens.

So far I would stay out until this is resolved. Because the situation is escalating pretty quickly and print is about the break the ATL. If they keep dumping we will dump below $1 for sure. And who knows might even hit $0.50 like we did for Blur. There is a big discussion about this if you search for #ARB on twitter.

gaston castano

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Quote from: ElmedoRator on March 30, 2023, 06:16:50 AM

It's up to you to speculate, but I'm leaning towards the possibility that this market will become very large in the next bull cycle. And I think the current valuation of the whole Arbitrum is over $10b that's not a problem for me, maybe for a lot of people in the current context it's huge, I see that too but as mentioned that I believes that the market will be huge in the future so leading projects like Arbitrum will also receive significant growth.

and the price of 10 $ for each arbitrum coin is also not impossible, I predict that in the future the arbitrum will be as large as matic or the like, OP is released when market conditions are red, while ARB has improved quite a bit.
but we will see how both perform after a few years.

maydna

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Quote from: kotajikikox on April 01, 2023, 09:12:11 PM

Quote from: maydna on April 01, 2023, 08:09:30 AM

Everything will come back to you because you will determine it. But if I were you, I wouldn't invest too much in ARB because it's already priced at $1.34. But if you think ARB can increase and reach $11 as its final ATH price, you can take that risk but you have to realize that in the altcoin market, there is a waiting period that you should know so if ARB can't increase yet, you have to wait patiently. And my advice is only to use the money you can afford to invest in any coin so that you won't lose too much if you do lose.

It is still OP's decision as I believe he trusted this coin (and maybe part of lucky Airdrop person to gather many) so buying this below a dollar is a good choice but the thing is that "Would ARB going to drop that low"? that is something that needs to be addressed because for me this will stay above a dollar and will grow again next year, better for OP to purchase now as it is the lowest from the after airdrop price and gather as much as she can for further investments.

Perhaps, if the price drops below a dollar, people can buy and invest in ARB. But if the price stays above one dollar, people will have to reconsider buying the coin. They can buy ARB coins but only with the money they can afford, as I suggested before, so they won't lose too much if anything happens to ARB coins. Perhaps, if the price drops below a dollar, I'll buy this ARB; if not, I'll buy some too. But I will analyze it further to find other information so I don't buy the wrong one.

Gladitorcomeback

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Quote from: kotajikikox on April 01, 2023, 09:12:11 PM

It is still OP's decision as I believe he trusted this coin (and maybe part of lucky Airdrop person to gather many) so buying this below a dollar is a good choice but the thing is that "Would ARB going to drop that low"? that is something that needs to be addressed because for me this will stay above a dollar and will grow again next year, better for OP to purchase now as it is the lowest from the after airdrop price and gather as much as she can for further investments.

actually i was expecting price around 0.5$ to 0.7$ before listing and its starting price shocked me. bybit and Bitget was two big exchange listed Arb and price was above 2$. although when i claimed token the price was dumped to 1.11$ and i sold half at the rate of 1.11$ and after Binance listing, i sold remaining token at price of 1.25$. now my average selling rate is 1.18$ almost and i don't want to buy at same rate that i sold. i am still believing that one correction in btc will give me chance to buy Arb below 1$ and i will make my first entry. in two years , I am expecting atleast 3$ price which is possible in bull market.

kotajikikox

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Quote from: maydna on April 01, 2023, 08:09:30 AM

Everything will come back to you because you will determine it. But if I were you, I wouldn't invest too much in ARB because it's already priced at $1.34. But if you think ARB can increase and reach $11 as its final ATH price, you can take that risk but you have to realize that in the altcoin market, there is a waiting period that you should know so if ARB can't increase yet, you have to wait patiently. And my advice is only to use the money you can afford to invest in any coin so that you won't lose too much if you do lose.

It is still OP's decision as I believe he trusted this coin (and maybe part of lucky Airdrop person to gather many) so buying this below a dollar is a good choice but the thing is that "Would ARB going to drop that low"? that is something that needs to be addressed because for me this will stay above a dollar and will grow again next year, better for OP to purchase now as it is the lowest from the after airdrop price and gather as much as she can for further investments.

tvplus006

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Quote from: tokeweed on April 01, 2023, 11:52:51 AM

Quote from: tvplus006 on April 01, 2023, 05:58:55 AM

I see that a lot of investors want to buy a coin at a price below $1. But given the fact that the demand for the coin is not decreasing, we may not see such a price. However, the potential for ARB growth will not be associated with halving, but with the upcoming unlock ARB for investors, which will begin in 1 year.

But isn't yearly inflation fixed at just 2%? And I think by the time investor and team tokens are unlocked, the market would prolly be in full on bull mode where most of everything is trending up. So things like inflation, FDV, market cap go out the window. It's just a matter of buying the coins that are moving faster than ETH and BTC while ETH and BTC themselves are moving up in USD value.

I do not know what kind of inflation you are talking about, but I know for sure that in the first year the number of coins remains the same. Accordingly, there can be no inflation in the first year, since the Circulating Supply will remain unchanged at 1,275,000,000 ARB.

Gladitorcomeback

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Quote from: tvplus006 on March 31, 2023, 02:15:05 PM

I believe that buying ARB will bring more profit than holding bitcoin and Ethereum. Accordingly, buying ARB now for Bitcoin, you will be able to significantly increase the amount of BTC in your wallet. Buying ARB at the price of $1 is almost the same as buying BTC five years ago at $2.5 thousand.

Yes Arb is new coin and its not adopted by big whale so much and price increase chance is very high than Btc and Ethereum. If we talk about risk than Arb is more riskier. its price can collapse more than Ethereum and Btc. So far Arb token price is looking good and we have not seen any big dump in this coin. The real test of Arb will begin when market dump from here. its very hard for new coin to survive in dip . This is the reason i am waiting for below 1$ and not making any entry here above 1$

tokeweed

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Quote from: tvplus006 on April 01, 2023, 05:58:55 AM

Quote from: Reatim on March 31, 2023, 08:11:37 PM

I think it is not just good but perfect option to purchase when the price go below 1dollar mate or even lower , because we still have year to wait before the halving and surely that when Bull comes you will be the one that can bring huge profit from Arb investment , though i am planning the same thing but surely it will be harder for not airdropper like me to purchase more as there are lot of coins to prioritize from my end.

I see that a lot of investors want to buy a coin at a price below $1. But given the fact that the demand for the coin is not decreasing, we may not see such a price. However, the potential for ARB growth will not be associated with halving, but with the upcoming unlock ARB for investors, which will begin in 1 year.

But isn't yearly inflation fixed at just 2%? And I think by the time investor and team tokens are unlocked, the market would prolly be in full on bull mode where most of everything is trending up. So things like inflation, FDV, market cap go out the window. It's just a matter of buying the coins that are moving faster than ETH and BTC while ETH and BTC themselves are moving up in USD value.

ARB will be ETH's leveraged play imho as ARB is moving up in ETH value as ETH moves up in USD value.

imamb

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Quote from: GreatArkansas on April 01, 2023, 04:23:05 AM

Quote from: Gladitorcomeback on March 30, 2023, 01:45:01 AM

Arb supply is very big which will not let this token pump hard like other coins. What do you think about Arb Token? Is it a good option to take entry below 1$ or I use my fund in btc or Ethereum?

I'm really waiting for the Arbitrum token to dump to below $1. I even sold some of my airdropped tokens because I am planning to buy cheaper Arbitrum tokens.
But with the current market condition especially since Bitcoin is testing to break $30,000 it seems, the Arbitrum tokens will not reach anymore below $1, I'm not sure.

true, it is very difficult for arbitrum to drop below 1$ price. behind arbitrum there is a lot of strong support making my reason the price of arbitrum will probably continue to rise, yesterday after the extraordinary decline of ARB there was a large investor again buying at a price of 1$ more for a sum of 1 billion dollars.

maydna

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Everything will come back to you because you will determine it. But if I were you, I wouldn't invest too much in ARB because it's already priced at $1.34. But if you think ARB can increase and reach $11 as its final ATH price, you can take that risk but you have to realize that in the altcoin market, there is a waiting period that you should know so if ARB can't increase yet, you have to wait patiently. And my advice is only to use the money you can afford to invest in any coin so that you won't lose too much if you do lose.

tvplus006

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To the Moon

Quote from: Reatim on March 31, 2023, 08:11:37 PM

I think it is not just good but perfect option to purchase when the price go below 1dollar mate or even lower , because we still have year to wait before the halving and surely that when Bull comes you will be the one that can bring huge profit from Arb investment , though i am planning the same thing but surely it will be harder for not airdropper like me to purchase more as there are lot of coins to prioritize from my end.

I see that a lot of investors want to buy a coin at a price below $1. But given the fact that the demand for the coin is not decreasing, we may not see such a price. However, the potential for ARB growth will not be associated with halving, but with the upcoming unlock ARB for investors, which will begin in 1 year.

GreatArkansas

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Quote from: Gladitorcomeback on March 30, 2023, 01:45:01 AM

Arb supply is very big which will not let this token pump hard like other coins. What do you think about Arb Token? Is it a good option to take entry below 1$ or I use my fund in btc or Ethereum?

I'm really waiting for the Arbitrum token to dump to below $1. I even sold some of my airdropped tokens because I am planning to buy cheaper Arbitrum tokens.
But with the current market condition especially since Bitcoin is testing to break $30,000 it seems, the Arbitrum tokens will not reach anymore below $1, I'm not sure.

tygeade

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Quote from: crzy on March 30, 2023, 04:37:47 PM

Buying $ARB for a price lower than $1 is a good entry, this is not just about having a huge supply but you should consider as well its own technology, its very promising and many investors believe that it can actually hit the price of $5 and beyond. If you don’t want to miss the opportunity again, better to analyze it now and see your price entry.

There's even coins with massive supply but still manage to pump hard. ETH, SHIB, and DOGE are only few of the coins to achieve this status. ETH pump because it has a good technology behind but I don't know about the two coin.

I think they only pump mainly because of the hype. ARB on the other hand can pump for both hype and technology. Even if the hype have died down, there is still a technology that can make this coin alive. The OP didn't miss any opportunity but he was in fact one of the early adopters and getting a good amount of airdrops is a proof to it. He seems professional on this business because he also participated on other solid projects who does the same (airdrop).

adaseb

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Honestly I assumed that Blur would never go below $1 and look at what price it is now. Same with Arb. I think if we were in a strong bull market the token would eventually reach something like $5 or so however I think many people just dumped the Blur and Arb because they just wanted some profits since BTC and ETH had a horrible turn last year.

I think if it goes below $1, it won't stay there however we won't see $5 anytime soon. Maybe if bitcoin trades closer to the $50K range and we are in a FOMO bull market like in 2021 and people will be buying tokens like crazy. However right now. The gains just aren't the same with these airdrops like they were during the bull run days.

In my opinion if Blur or Arb were launched when BTC hit ATH then they would be much more successful. But with all this regulation mess, Many people just are chasing the quick profits and getting out.

Reatim

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Quote from: Gladitorcomeback on March 30, 2023, 01:45:01 AM

Arb supply is very big which will not let this token pump hard like other coins. What do you think about Arb Token? Is it a good option to take entry below 1$ or I use my fund in btc or Ethereum?

I think it is not just good but perfect option to purchase when the price go below 1dollar mate or even lower , because we still have year to wait before the halving and surely that when Bull comes you will be the one that can bring huge profit from Arb investment , though i am planning the same thing but surely it will be harder for not airdropper like me to purchase more as there are lot of coins to prioritize from my end.

Gladitorcomeback

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Quote from: ANSEL_2.0 on March 30, 2023, 10:08:53 AM

Boomber, Arb will give better returns to investors just like how solana rose up to 250$ per coin in 2021, and this Arb is just a better project in my opinion, if anyone is using Bitcoin and ETH to get some Arb they are still in the good hands, Arb will do very satisfactorily.

Big difference in solona, aptos and other chain coins is that Arb is not the main token used for gas fee which will not increase the demand of this coin like solona. i am not expecting price will go up high as solona or Aptos reached all time high. i am comparing this Arb token with Optimism and i think 3$ will be likely good entry to exit.

At this time the only Usecase of Arb token is i think Dao voting where you will delegate token. Many users are holding for voting purpose and they still believe that they may recieve another good airdrops from Arbitrum projects. if other big Usecase reveal than i think we may see 2$ very soon. from two days Arb showing very good potential and despite of huge supply, its price pumping speed is very good.

Topic: Arb below 1$ - page 7. (Read 1467 times)