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Topic: SXP xps kllkl laskl sakl (Read 442 times)

member
Activity: 171
Merit: 12
August 22, 2020, 02:57:02 PM
#51
Anything can happen in the crypto world.. Just like watching yfi go from $31 to $13000, no one knows what the xiot team plans are and how they intend to grow the project.. If yfi can reach $13000 then any project can do same or better. All I can say is if anyone is investing in present tokens, they should do that with caution.
hero member
Activity: 881
Merit: 500
CyberTrade
August 22, 2020, 02:53:43 PM
#50
Anything is possible in the cryptocurrency market and that's what appeals to everyone. In my opinion it is very difficult for this coin to go up to 3000 $, 3000 $ is a very large number and very difficult for any coin to be able to achieve at this moment.
However if you have already invested in this coin you should have confidence in it.
From $600 to $30k is a 50x straight and is a very difficult thing to achieve even for bitcoin that is struggling at $12k. I don't think that even $3k is possible for it to reach as this coin is only a short term coin and after a few months it will be close to dead and after an year it will be delisted from the exchanges, so until then you can earn whatever you can by creating HYPE on forums and just prey that more users buy this coin, only then OP will be able to make good amount of profit from it, right now it has fallen to $400 and its just a single day fall of the price, after one month I think it will be below $100.
hero member
Activity: 1249
Merit: 506
August 22, 2020, 02:46:55 PM
#49
Anything is possible in the cryptocurrency market and that's what appeals to everyone. In my opinion it is very difficult for this coin to go up to 3000 $, 3000 $ is a very large number and very difficult for any coin to be able to achieve at this moment.
However if you have already invested in this coin you should have confidence in it.
legendary
Activity: 3136
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
August 22, 2020, 02:43:38 PM
#48
I bought Xiot from uniswap. The total amount is only 5000 pieces. The current price is $600 and the highest has reached $800. My friend told me that he can reach $30000

https://beta.uniswap.info/token/0x31024a4c3e9aeeb256b825790f5cb7ac645e7cd5

you should not invest in altcoins or anything in this world based on the opinion of friends. you should always do a lot of research on your own and determine whether it is worth taking the risk of investing your precious money or not, for example now Xiotri (XIOT) has dropped to $375 (-35%) and that is just the beginning because it can fall further and you are already losing money with this price drop because I am assuming you bought it for $600. about reaching $30,000 Is an illusion, forget it


hero member
Activity: 1834
Merit: 566
August 22, 2020, 01:44:47 PM
#47
OP, your friend presumption was absolutely right because the token have a limited total supply of 30,000 which is almost reach and once it reached there will be higher demand of FYI in the market. However, the limited supply doesnt justify the future price range of the market cause anything can happen in crypto market.

Is your friend a crystal ball or a whale planning to do a painful pump & dump soon?

The dump can happen but YFI seems to have the smallest total supply which is the reason why it experiences a ridiculous surge in price.
hero member
Activity: 1806
Merit: 720
Top Crypto Casino
August 22, 2020, 01:41:15 PM
#46
I bought Xiot from uniswap. The total amount is only 5000 pieces. The current price is $600 and the highest has reached $800. My friend told me that he can reach $30000
https://beta.uniswap.info/token/0x31024a4c3e9aeeb256b825790f5cb7ac645e7cd5

This is a common behavior of many crypto traders. When the hype of a new coin is created in the market, they sell their potential coins and jump into that hype coin. Bigger targets are mentioned when the pump group needs dump money. You should not decide to buy coins believing in this target. And if someone buys that which is considered a wrong decision. They will realize later that they made the wrong decision.

The low supply of these coins does not mean that the price of these coins will go up. Less supply will not help if there is not enough demand. So good projects should be seen without running after hype.
full member
Activity: 398
Merit: 100
August 22, 2020, 01:23:41 PM
#45
I don't want to say whether your friend's prediction on the price is wrong or right. Just a piece of advice when making a decision on crypto: Do you own research on the risk involved and don't let anyone making a decision for you. Both XIOT and YFI is the very high-risk crypto and you should take any prediction for them with a grain of salt, much less than $30000 per coin.
sr. member
Activity: 1680
Merit: 263
August 22, 2020, 12:00:54 PM
#44
I just learned that it turns out that there is still a coin that has a low supply and usually a low supply of coins is likely to have a high selling price. but this is only logically or deduces from the amount of coin supply. for the price issue I think it depends on market demand or rather only time can answer.
hero member
Activity: 1470
Merit: 555
dont be greedy
August 22, 2020, 11:54:35 AM
#43
~snip~
My friend told me that he can reach $30000
~snip~
What is your friend's name so that he can guess the price of a coin with such a terrible percentage?
When you believe more in what your friend says, then you believe and you do what your friend says, which is buying the coins ...
After several years of waiting, it turns out that the price never goes up, it tends to go down. Who is hurt?

Use math first when you want to buy coins, and throw away your emotions so you don't choose the wrong choice
newbie
Activity: 6
Merit: 0
August 22, 2020, 11:45:06 AM
#42
Thank you for your patience
member
Activity: 243
Merit: 10
August 22, 2020, 10:05:32 AM
#41
YFI only has a very small total supply, only 30000 coins, and has entered Binance, of course this is good for YFI supply circulation,
if you want to invest, wait until the moment Bitcoin is bullish, and YFI will exceed the price of BTC
I think we should still focus more on bitcoin would be better because YFI as an anonymous token and goes the Defi trend, regardless of any other good exchange it is listed on, we still shouldn't overestimate it when a good start doesn't mean a good end. Evidence that is easy to see is probably that a lot of tokens have been removed from binance in a short time, they only have initial outstanding moments, long-term maintenance is impossible with a team and the idea is too weak
full member
Activity: 1386
Merit: 101
ComboLabs
August 22, 2020, 09:07:02 AM
#40
YFI only has a very small total supply, only 30000 coins, and has entered Binance, of course this is good for YFI supply circulation,
if you want to invest, wait until the moment Bitcoin is bullish, and YFI will exceed the price of BTC
member
Activity: 224
Merit: 10
Bounty Detective
August 22, 2020, 08:29:13 AM
#39
I bought Xiot from uniswap. The total amount is only 5000 pieces. The current price is $600 and the highest has reached $800. My friend told me that he can reach $30000

https://beta.uniswap.info/token/0x31024a4c3e9aeeb256b825790f5cb7ac645e7cd5

If I were you I will not just trust with my friends idea and suggestion especially if it is all about investment. I rather read and research more about the specific project that I would be investing with.
sr. member
Activity: 1498
Merit: 326
SecureShift.io | Crypto-Exchange
August 22, 2020, 07:46:57 AM
#38
I bought Xiot from uniswap. The total amount is only 5000 pieces. The current price is $600 and the highest has reached $800. My friend told me that he can reach $30000

https://beta.uniswap.info/token/0x31024a4c3e9aeeb256b825790f5cb7ac645e7cd5


Dont expect every project to surpass the price or even reach yfi price even the supply is small cause we dont know what kind of project you are investing. With lots og altcoin now, its super risky to invest especially the project has no record of being legit or whatever.

The current price is actually expensive but take note the event that happened to curve and yam. Both of them fall down instantly and that take only couple of weeks.

Also dont trust much projects listed on uniswap and also if their team is anonymous cause they could run away the money anytime.
newbie
Activity: 6
Merit: 0
August 22, 2020, 06:59:58 AM
#37
Developer’s response:

FAQ's (many thanks to @Corporal Wojteck - XIOT troll)

Is Airdrop over?
Yes, the Airdrop is over.

Will there be another airdrop?
No.

What were the criteria of airdrop?
Join Discord, post an ETH address & post proof of RT.

Was there a presale?
No, There was no presale, all coins have been given away by the team to be traded freely on the open market.

What are the benefits of holding XIOT tokens?
Holders of XIOT tokens gain value by participating in the XIOTRI yield farming ecosystem. The staking mechanism is still under construction and will be deployed after exhaustive testing to ensure a bug-free release.

When is whitepaper expected?
Soon.

What is the max supply?
The maximum supply is 5000 tokens.

What is the circulating supply?
Circulating supply is 4500 XIOT?

What about the 500 XIOT?
500 (10%) XIOT's are locked in a smart contract from 8/19/20 which we cannot touch for a time period of 1 year.

What about the 250 transferrable tokens?
This is the current runway for our project.

Where can I buy/sell XIOT tokens?
Uniswap (https://beta.uniswap.info/pair/0x5741a1ceff6148c8aaca0f0456c03c88817e05f5)

Important Links :

Website: http://xiotri.finance/
Discord: https://discord.gg/Kpvm7GA
Twitter: https://twitter.com/xiotri_defi
ChartEx: https://chartex.pro/?symbol=UNISWAP:XIOT
Uniswap: https://uniswap.info/pair/0x5741a1ceff6148c8aaca0f0456c03c88817e05f5
Coingecko: https://www.coingecko.com/en/coins/xiotri
CMC: https://coinmarketcap.com/currencies/xiotri/markets/
Etherscan: https://etherscan.io/token/0x31024a4c3e9aeeb256b825790f5cb7ac645e7cd5
hero member
Activity: 2408
Merit: 693
SecureShift.io | Crypto-Exchange
August 22, 2020, 06:43:33 AM
#36
I have communicated with the development team, they are drafting a white paper, it is said to be a great idea. I'm still waiting

When exactly was this project launched that there is no whitepaper yet! Bro i think you should wait a bit and observe the activity of the dev before making any decision, even if the supply is small does not guarantee nothing, do your due diligent, hope this turn out to be a good investment for you.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 22, 2020, 06:35:42 AM
#35
Nobody thought that YFI's price could exceed the price of Bitcoin but it happened. Anything can happen in the crypto market and I think the DeFi project is currently a trend so sometimes I think the price is irrational

I wonder how long the DeFi trend project will stay with us because if we take a look at the previous project such as ICO and IEO, the booming of that two types of the project was not get too long at the crypto world. But in this bearish market, everything can happen, and yes, we see YFI already exceed the price of bitcoin.

If YFI can reach $30k per coin, I am sure bitcoin will get another high price, and bitcoin will lead the crypto market again. Bitcoin will be back to the high price, and I think bitcoin price now still accumulating to get more support to increase. We need to be patient to wait for those times, and we don't have to worry about bitcoin because bitcoin will rise at the right time.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
August 22, 2020, 05:12:16 AM
#34
Your friend said it will reach $30000, is he the owner of the project or is he a big whale that can pump the token massively? We should be careful of what we hear and pay attention to when coins we hold are pumping, that is, when a coin is pumping you will hear people giving different predictions but yet they will be the first to dump at the very slightest chance turning those who bought their predictions to bag holders. My advice is to invest wisely and be careful of what you listen to, don't be too greedy.
full member
Activity: 1554
Merit: 101
August 22, 2020, 04:43:12 AM
#33
I am not sure all coins following YFI's footsteps will go up, for YFI, because it is already listed on a large exchange, there is a guarantee, even though the price is currently volatile and very unstable.
the problem is there are many types of new coins that follow this yfi, by imitating the total supply and some even imitating the name.
the hype for defi is now high, you have to be careful in choosing coins.
full member
Activity: 882
Merit: 112
Your Data Belongs To You
August 22, 2020, 03:32:45 AM
#32
lol - your friend told you.
This is what every bag holder of bad coin will tell you, just to get exposure and make people to buy it.

The other thing that people do not understand - do not look at the price of the coin but the marketcap of it, chack the market cap and then comopare it to toher coins than calculoate if your target price is even possible.
member
Activity: 281
Merit: 10
Futurov
August 22, 2020, 02:15:03 AM
#31
Seeing that XIOT supply has a very low maximum supply, I can say even if their is a big potential for this coin to reached that amount still before you believe and trust whats your friends are saying to you, read first and have more research for this project so you won't regret any happenings especially that this coin is a very huge investment for you.
member
Activity: 224
Merit: 18
Sovryn - Brings DeFi to Bitcoin
August 22, 2020, 02:13:37 AM
#30
I will never take such risk of investing on a coin that's this pricey today unless it's Bitcoin, once investors have less interest in this YFI all the walls will start crushing down on investors, too risky IMO, only good for those who get in at very cheap rate.
member
Activity: 420
Merit: 13
$CYBERCASH METAVERSE
August 22, 2020, 01:58:04 AM
#29
I bought Xiot from uniswap. The total amount is only 5000 pieces. The current price is $600 and the highest has reached $800. My friend told me that he can reach $30000

https://beta.uniswap.info/token/0x31024a4c3e9aeeb256b825790f5cb7ac645e7cd5

That's a very low max supply but make sure you do your own research, don't do things because your friend did the same, you want to make huge profits out of this project but you haven't checked what this project is all about? This is a bad investment path
hero member
Activity: 1372
Merit: 503
August 22, 2020, 01:54:21 AM
#28
I bought Xiot from uniswap. The total amount is only 5000 pieces. The current price is $600 and the highest has reached $800. My friend told me that he can reach $30000

https://beta.uniswap.info/token/0x31024a4c3e9aeeb256b825790f5cb7ac645e7cd5

Thats a lot of money at risk. You dont even know if the project is legit and have product already. Stay away from short term coins and tokens cause these are not sure of profits. Whether you can gain profits or you lose money in the end. Many scam projects have released on the market and too bad they all exit after some week or a two. I will be more safer to invest on trusted projects than these type. I am playing shticoins also but I make sure that they can be trusted at all.
full member
Activity: 302
Merit: 100
August 21, 2020, 10:54:12 PM
#27
This is the attitude of many. Once they see the pumping, they'll start to FOMO and see the opportunity. But if the price is down and very low, they won't notice the coin as much as they want to make money from it.

The YFI hype is too quick and it's starting to getting down with the market now. DYOR before committing some bucks to any investment that you are entering. Don't rely to your friend as you're the one who owns the money must think of it.

I am really curious as to how the price of this coin is very expensive and yet there's nothing in it. Just take a look at their website and there's nothing to offer yet. I will not be surprised if the buyers will regret buying this coin. I hope I am wrong. I am seeing that the fate of this coin is like the MAYA Preferred223 (MAPR). Who remembers this coin?
indeed YFI has a very ridiculous price movement because I can beat the price of bitcoin. I use this coin to make as much profit as I can rather than just seeing it on an exchange, the supply from YFI is also very unique and limited, meaning it can provide a lot of profit when buying it.
It's not only ridiculous but that's also a crap coin. It looks like binance was listing so many crap coins on its site and remember about curve coin and so many people were getting trapped at the peak price and those have been getting scammed by CRV scam defi.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
August 21, 2020, 07:44:20 PM
#26
This is the attitude of many. Once they see the pumping, they'll start to FOMO and see the opportunity. But if the price is down and very low, they won't notice the coin as much as they want to make money from it.

The YFI hype is too quick and it's starting to getting down with the market now. DYOR before committing some bucks to any investment that you are entering. Don't rely to your friend as you're the one who owns the money must think of it.

I am really curious as to how the price of this coin is very expensive and yet there's nothing in it. Just take a look at their website and there's nothing to offer yet. I will not be surprised if the buyers will regret buying this coin. I hope I am wrong. I am seeing that the fate of this coin is like the MAYA Preferred223 (MAPR). Who remembers this coin?
I remember that! This can possibly happen and these coins might be on the same route as MAPR that has an ambitious price that falls into a mess after a month of hype. It's scary but if we judge what kind of token is this, This might happen.

Surpassing that kind of price point might be pretty ambitious but it can be possible I just think that It can't sustain that price range.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
August 21, 2020, 07:11:13 PM
#25
Only 5000 in supply, that is relatively small and going by history of coins with short or small supply their price usually tends to grow  a lot more, and if the coin has a reason for demand then it is game on, it could probably go higher but maybe not as much as your friend predicted.
Sometime token supply may not be important with such a high price, it is the most expensive coin in the market now, sadly have seen most coin  with higher price go down against bitcoin in the longrun. As DEFI project listed on Binance and few more exchange, it is still has the capacity to keep pumping higher
YFI and another finance coins were crap coins and this time it has been getting dropped again into the the 12k for each YFI and as far as i know people were betting on it caused by the hype and no more. There was a lot of people getting huge losses
sr. member
Activity: 1162
Merit: 253
August 21, 2020, 07:08:41 PM
#24
I don’t mind friend’s advice when it comes to investing, because for me its just a hype and can’t gain me any knowledge. So when investing, do your own research so you wont blame anyone if you lose your money.

YFI, this DeFi token is quiet surprising and was able to beat BTC when its comes to pricing. I don’t know much about the hype of this token but since its limited supply there’s a chance for a more expensive YFI. Again, the hype on DeFi projects is still here, so invest with care or else you’ll get trapped once it collapse.
I really agree with what you say because when you buy a coin that has a project that is still not fully finished but can have an expensive price it will make you lose one day when the price collapses, it's better to avoid YFI coins like this.
hero member
Activity: 2744
Merit: 588
August 21, 2020, 07:03:55 PM
#23
Is your friend a crystal ball or a whale planning to do a painful pump & dump soon?

I'm highly skeptical about both YFI and similar tokens/coins. Especially now that YFI has passed BTC's price tag - it only looks to me like it's getting closer and closer to the huge dump that'll shake off a lot of current believers. The total supply doesn't mean shit - check out 42 Coin. Only 42 coins in existence, yet no volume and .. zoom out that chart from day 1 of its launch to today and you'd see the price went from insane amounts of BTC to only 3. Should Xiot hodlers lose interest, it could get dumped in no time.

In other words, don't you think there's any human crystal ball out there who could make you rich out of nothing. DYOR, look the coin up and see if it's even a legit project with a legit team and real progress & be more than skeptical when willing to invest in a cryptocurrency. Don't fantasize over incredible figures because you might end up screwing yourself; you don't want to lose it all like you never had it.

That's what I am thinking here. Their price is ridiculously expensive for what product they are offering?
Look at their site - https://yearn.finance/earn and it says the project is in beta and use at your own risk.
So what valuable product they have right now? None. So how come they have an expensive price tag?
For buyers, I hope they are doing their due diligence because I feel that the storm is coming for this one.
sr. member
Activity: 2422
Merit: 357
August 21, 2020, 07:03:30 PM
#22
I don’t mind friend’s advice when it comes to investing, because for me its just a hype and can’t gain me any knowledge. So when investing, do your own research so you wont blame anyone if you lose your money.

YFI, this DeFi token is quiet surprising and was able to beat BTC when its comes to pricing. I don’t know much about the hype of this token but since its limited supply there’s a chance for a more expensive YFI. Again, the hype on DeFi projects is still here, so invest with care or else you’ll get trapped once it collapse.
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
August 21, 2020, 06:57:01 PM
#21
This is the attitude of many. Once they see the pumping, they'll start to FOMO and see the opportunity. But if the price is down and very low, they won't notice the coin as much as they want to make money from it.

The YFI hype is too quick and it's starting to getting down with the market now. DYOR before committing some bucks to any investment that you are entering. Don't rely to your friend as you're the one who owns the money must think of it.

I am really curious as to how the price of this coin is very expensive and yet there's nothing in it. Just take a look at their website and there's nothing to offer yet. I will not be surprised if the buyers will regret buying this coin. I hope I am wrong. I am seeing that the fate of this coin is like the MAYA Preferred223 (MAPR). Who remembers this coin?
indeed YFI has a very ridiculous price movement because I can beat the price of bitcoin. I use this coin to make as much profit as I can rather than just seeing it on an exchange, the supply from YFI is also very unique and limited, meaning it can provide a lot of profit when buying it.
sr. member
Activity: 573
Merit: 250
August 21, 2020, 06:48:55 PM
#20
Nobody can be precise of what becomes the value of any token or coin at the moment. Remember someone used 10 bitcoin to buy just a pizza 10 years ago. Today, 10 bitcoin can buy pizza for an entire city.
Actually the total amount was 10,000 BTC, because that time bitcoin didn't good value. Actually 10 years ago, the internet wasn't good as it is now. At this time only zero coins will survive. This yearn.finance coin could reach 3000 USD but than marketcap should be higher. Without a total market, how can a coin surpass 30000 USD in a few times?
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
August 21, 2020, 05:56:34 PM
#19
This is the attitude of many. Once they see the pumping, they'll start to FOMO and see the opportunity. But if the price is down and very low, they won't notice the coin as much as they want to make money from it.

The YFI hype is too quick and it's starting to getting down with the market now. DYOR before committing some bucks to any investment that you are entering. Don't rely to your friend as you're the one who owns the money must think of it.

I am really curious as to how the price of this coin is very expensive and yet there's nothing in it. Just take a look at their website and there's nothing to offer yet. I will not be surprised if the buyers will regret buying this coin. I hope I am wrong. I am seeing that the fate of this coin is like the MAYA Preferred223 (MAPR). Who remembers this coin?
hero member
Activity: 2842
Merit: 625
August 21, 2020, 05:49:56 PM
#18
This is the attitude of many. Once they see the pumping, they'll start to FOMO and see the opportunity. But if the price is down and very low, they won't notice the coin as much as they want to make money from it.

The YFI hype is too quick and it's starting to getting down with the market now. DYOR before committing some bucks to any investment that you are entering. Don't rely to your friend as you're the one who owns the money must think of it.
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
August 21, 2020, 04:22:18 PM
#17
Nothing is impossible in Cryptocurrency I must say. Who would ever believe a coin will be higher in rate than bitcoin. We have been longing for a coin to exceed bitcoin price when everyone thinks bitcoin is high and this project has proven that. It may still reach to what you are asking about. Nothing is impossible in Cryptocurrency.
legendary
Activity: 1134
Merit: 1598
August 21, 2020, 03:45:43 PM
#16
I have communicated with the development team, they are drafting a white paper, it is said to be a great idea. I'm still waiting
Just try not to get fooled by false promises. There have been enough scams and unrealistic projects that came with amazing white paper stories. It's not all about white paper and supply - you need to see true development and real utility of the coin. Otherwise, it might have a good run before it sinks down in the thousands of other shitcoins. Seems too good to be true? It most likely is.
legendary
Activity: 2604
Merit: 1251
August 21, 2020, 03:04:57 PM
#15
Your friend forget to say with you, "don't enter into the fomo"

A classic person who not really give some advice about the risk of getting a fomo, now the question did you know the reason why holding that's coins or just based other people/friend say to buy that's coins with some statement "bring a profit or something like that's".
newbie
Activity: 6
Merit: 0
August 21, 2020, 02:48:49 PM
#14
I have communicated with the development team, they are drafting a white paper, it is said to be a great idea. I'm still waiting
member
Activity: 294
Merit: 10
August 21, 2020, 02:44:04 PM
#13
What's the use case for the token?  The fact that the number of tokens is low doesn't alone give it any value...
newbie
Activity: 6
Merit: 0
August 21, 2020, 02:41:54 PM
#12
Thank you
copper member
Activity: 238
Merit: 1
August 21, 2020, 02:06:31 PM
#11
I bought Xiot from uniswap. The total amount is only 5000 pieces. The current price is $600 and the highest has reached $800. My friend told me that he can reach $30000

https://beta.uniswap.info/token/0x31024a4c3e9aeeb256b825790f5cb7ac645e7cd5


There was a time I held one token which had a very low market capitalisation. There was several rumours that the project would do very well, considering the limited supply So I held on stiff. The project promised to list and I don't think they did, because I'm still holding the worthless tokens till now. It's best not to trust so much of what is said especially by new projects.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
August 21, 2020, 01:36:00 PM
#10


Nice logo. I'm reminded of Mr. Plankton of Spongebob's Villain.

I have no idea what the project is about, there is nothing on its website that I understood to be honest https://xiotri.finance
But if it surpasses Yearn, it definitely will blow my mind. I won't even understand what the project is about but it got some value, I guess because they have the word Defi on their website.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
August 21, 2020, 01:24:53 PM
#9
I guess you could consider things like this abuse of deflation especially if the projects aren't very useful, safe, efficient, and with other strong Blockchain/decentralized-tech fundamentals.
 If you don't get such "skyrocketing" projects to follow the right strict crypto standards and rules, others projects following the strict standards/rules wont be encouraged to continue to do what is right.
By the way, people should really be doing very useful things on the projects and not just locking up their coins. And their deflation should be moderate & regulated. Free market has to be right/moral.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
August 21, 2020, 01:10:12 PM
#8
Only 5000 in supply, that is relatively small and going by history of coins with short or small supply their price usually tends to grow  a lot more, and if the coin has a reason for demand then it is game on, it could probably go higher but maybe not as much as your friend predicted.
Sometime token supply may not be important with such a high price, it is the most expensive coin in the market now, sadly have seen most coin  with higher price go down against bitcoin in the longrun. As DEFI project listed on Binance and few more exchange, it is still has the capacity to keep pumping higher
full member
Activity: 560
Merit: 180
I'm Matured Now
August 21, 2020, 12:54:12 PM
#7
Total supply only 5000!!!  Shocked Holy shit that is a too low supply for a token. YFI token which is currently leading the market has only a supply of 30000tokens. In front of that 5000 is a very low amount. So, in the market trend, it has possibility to go up as it has the lowest supply in the market. But 30000$ per coin is a dream I think.

We can't tell the future but the recent market condition and YFI price pump showing a small chance to reach the 30k$ price for that token.
member
Activity: 1260
Merit: 21
August 21, 2020, 12:34:29 PM
#6
Waw! I think this is my first to here of a coin with such supply, 5000 is very low bro so most definitely it will grow in price, this is way less than btc and look at the price, as long as it is not just some shitcoin that has no active development or no purpose, you should hold on to your coins, you never know what the future hold.
newbie
Activity: 6
Merit: 0
August 21, 2020, 12:28:07 PM
#5
Thank you
member
Activity: 686
Merit: 35
August 21, 2020, 12:17:12 PM
#4
Only 5000 in supply, that is relatively small and going by history of coins with short or small supply their price usually tends to grow  a lot more, and if the coin has a reason for demand then it is game on, it could probably go higher but maybe not as much as your friend predicted.
member
Activity: 573
Merit: 30
August 21, 2020, 12:10:24 PM
#3
Nobody can be precise of what becomes the value of any token or coin at the moment. Remember someone used 10 bitcoin to buy just a pizza 10 years ago. Today, 10 bitcoin can buy pizza for an entire city.
legendary
Activity: 1134
Merit: 1598
August 21, 2020, 12:08:34 PM
#2
Is your friend a crystal ball or a whale planning to do a painful pump & dump soon?

I'm highly skeptical about both YFI and similar tokens/coins. Especially now that YFI has passed BTC's price tag - it only looks to me like it's getting closer and closer to the huge dump that'll shake off a lot of current believers. The total supply doesn't mean shit - check out 42 Coin. Only 42 coins in existence, yet no volume and .. zoom out that chart from day 1 of its launch to today and you'd see the price went from insane amounts of BTC to only 3. Should Xiot hodlers lose interest, it could get dumped in no time.

In other words, don't you think there's any human crystal ball out there who could make you rich out of nothing. DYOR, look the coin up and see if it's even a legit project with a legit team and real progress & be more than skeptical when willing to invest in a cryptocurrency. Don't fantasize over incredible figures because you might end up screwing yourself; you don't want to lose it all like you never had it.
newbie
Activity: 6
Merit: 0
August 21, 2020, 12:00:15 PM
#1
SXP xps kllkl  laskl sakl
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