I just bought the CBX at this time , and to exchange with some of the SPK . I hope I can be a savings in the future . because all altcoin could be at the top, and sometimes were in the undertow.
Guys there is a real opportunity with CBX, right now; this ICO has removed 86 000 CBX from the market... close to 9% of all CBX are not available for trading, and are not staking anymore. Consequences of this are:
1) The amount of coins staking is at a low:
only 20% are seen staking now - so this means your
PoSP gains are around 10% yearly.2) We can see there is about 40 000 CBX at Cryptopia either for sale or waiting on the sideline;
https://www.cryptopia.co.nz/Exchange/?market=CBX_BTC (Click on "distribution", top right). 40 000 CBX is about 4% of the total CBX money offer - once they are gone, CBX will be in a real shortage situation.
3) In a shortage situation, CBX's price will readjust itself much higher and find a new equilibrium (and many new happy faces).
Key thing is to get the ball rolling and buy some CBX; create a real buying panic... send some CBX to the ICO, and keep some for high-reward staking!
good assesment mate i think its much better to do the staking thing while waiting for the big impact of this suppression of cbx
the more you stake the more rewards and means more profits thank you buds.
Regrettably, the reverse scenario is also possible. If Quintessence does not gather the 250 000 CBX
and CBX's price fails to go up because nobody is buying, the ICO will fail, and the ICO coins will go back to their owners, eventually to feed a descending market. Only our collective effort can lead us to major success. Success is not possible without collective effort and collective investment.
There are not many choices, really. Either we trust the Quintessence project,
we make an effort and invest a little and rid this market of these 40 000 CBX for sale at Cryptopia, or, we get an even lower priced CBX when all these ICO coins go back to their owners. Now is the time we can make a big difference.
Without Quintessence we go back to a world of bloated Ethereum blockchain paying only people for wasting electricity, or we go back to all the DPoS coins which are very unfair. Which will it be, Bullionaires?
