Grand Master Jedi
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This guy does a good break down of where were currently at with Flare. If anyone wants to catch up with it all should watch them. Those who participate in the Flare network are going to benefit immensely. This has become much bigger then just a new coin that rewards XRP holders but it’s become a unique interoperability blockchain network thats connected to Web 3 with infrastructure layers into any network, smart contracts, minting and more. This is going to cause the ecosystem to really grow into something as it strongly incentivizers builders to build. Looking forward to getting my Flare and start delegating. The videos below will give further insight into the network. Exactly what holders are doing now with their Songbird token in delegating to FTSO providers is what one will need to participate with Flare. Theres much more the network offers but as long as one is delegating their Flare they’ll be able to earn rewards. Keep in mind that the rewards are going to be at their highest peak in the beginning and will be even more if people sell their 15%. I love how they voted to change this set up as they learned a lot with what happened with Songbird. They succeeded in setting this up to incentivize/reward those who are participate in the network while cutting off those at the knees who just want to sell. Its ridiculous watching these people complain on Twitter about the new changes and losing out on free money if they sell. They’re the types who’ve caused the bottom to fall out when an airdrop happens so what a pleasure it is in seeing the tables turned. Bottom line is this…if you sold you got your reward and if want back in then buy your position back. Other then that…zip it. Also, Songbird is apart of the Flare network so we can expect to see a nice move back north when it happens. Im a Songbird buyer because it has utility and that its part of the Flare network. It got sick cheap and was able to triple my position and would love to get it to 1M but not sure if Ill be able to. Anyhow, we should be getting our initial 15% of Flare in next few weeks.
Part One:
.70 will become new support…lets go $RMO!
Anyone know the outstanding preferred share count and the ratio of them? Typical ration Ive seen is 15 to 1.
If RS goes through I believe we’ll see pull back but will run on news of deal closing. This is a possible scenario.
Its almost showtime….hgmmmmm!!
Well said….
Exactly my thoughts on a structure like this. I saw it at .0005 and can’t believe it moved up this. Someone making bank.
Whats this company do and whats the latest news?
Thumbs up. I started using Uphold to buy XRP but find it strange that one can buy XRP and send it to their Nano but not do the same with XLM. Doesn’t make any sense.
I lost on it. Not a lot though but still lost. I held the BTC for a few days to try and balance out but got tired of waiting. I don’t like Uphold much but use it out of convenience. Lost a lot money in using them when the SEC filed its suit against Ripple. They locked my account for 2 days in the middle of a flip and costed me a large amount in gains. What exchange have u been using?
Hopefully you’re still able to get your $SGB with that situation you’re dealing with. I loathe scammers! Im buying and after 7 days sending it to Bifrost. Yes, I bought $XLM on Uphold and then couldn’t send it out to my Nano. Such a pain in the ass. I had to convert my $XLM to $BTC and sent it to Coinbase where I converted back to $XLM and then sent it to my Nano. Never made that mistake again. At the current time Uphold only lets you buy $SGB and send it out so you can’t send it back to sell if you wanted to. I emailed them and they said this may change but who knows. Theres other ramps to sell on when Im ready to.
I think the possibility of $SGB increasing back in value is good because it has utility and its going to be apart of the Flare ecosystem. Its more then just a test net now. Those who’re are holding few million $SGB are earning significant rewards. I would like to get to 1M but content with my bag right now. 250k can earn one 5000 coins a month and back at half the value of what it was trading at before which would be around .25 is about $1k a month.
Thank you for confirmation
Nothing on license renewals only results?
Whats the current status on Zion? Are we just waiting for the results of MJ02 or are we waiting for anything with licenses as well?
We can stake them the same way but don’t know the platforms yet. Looking forward to compounding my (Flare) XFLR as thats what Ive been doing with my SGB. Its been so cheap that I even bought some on Uphold to increase my holdings. Im earning approx 10k SGB a month. If XFLR is on Bifrost it will be very convenient but whats going to be really important is to follow and know the drops that follow the XFLR drop. The ability to get the DFLR token is like a 30 day window which leads to the getting of the YFLR token which is the finance token for the Flare Network. Thats like the SFIN coin in the SGB network. The amounts of each drop that follow the XFLR drop is based on the total amount of how much XFLR one got. Now, that this, is finally happening I need to get refreshed on the drops that follow XFLR. Its either two or three coins. Flare Community is doing a refresher video soon but due diligence on Twitter will pull up all the charts and info on the drops. Flare Community recently put a small catch up video out the other day. He’s one to follow on Twitter and YouTube.
Small thread I put up about the new set up for Flare.
1/4🧵 The new set up by Flare is bullish & will cause limited dumping. The price will not only stabilize but will increase in value as u now have to delegate ur initial 15% of Flare (XFLR) if u want to to collect ur remaining 85% which will be distributed #FlareCommunity #Flare
— Lion of Judah (@LibertyMutual8) July 15, 2022
Been watching it….finally
If AS is 500M or 1B whats the difference? All that matters is how a company utilizes its share structure. When I say reverse splits Im referring to the marketplace and not just the OTC as I don’t just trade OTC stocks. If you only want an OTC comparison then do your own research but off the top of my head I remember when ADMD did a 100 to 1 RS and it held its value for months following the split. I believe it was an OTC Pink company at the time, which eventually upticked to the OTCQB and changed its ticker. I remember post split it was trading around $1 and two months later it was trading near a $1.40. It held its value for months before falling in price.
Hey Sunshine….did u put your order in for under .02? I told you I was buying blocks.
Exactly
Regardless of the vote or whatever happens….theres going to be a month worth of time for trading to go down before any corporate action takes place. Lets say both actions get approved (AS & RS) which AS will for sure happen as a public company needs shares to operate with but lets say both go down. What happens next? The big news will drop after the corporate actions are announced that the agreement between SYSX & Ostendo has closed and this stock is gonna blow up. This will give institutional investors like Bigley the opportunity to sell shares. Even with news this big the value of the stock may remain after a RS. Bottom line is that this story is far from over and no institutional investors like Bigley are joining the party if the deal isn’t going to happen. Its coming and watching this play out is going to be very interesting. Im taking the risk to liquidate along side Bigley when this all goes down. To those who are painting a doom and gloom picture here are mislead of what’s happening.
$$$SYSX$$$
This dude is trying to get in cheap as possible or he’s shorting it. I would say the former as it takes technical analysis to short a stock ;).
Put your order in tomorrow….Im buying blocks up to .025. Strong support at .02. Let the games begin! Bull vs Bear!
$$$SYSX$$$
Support at .02 held strong today. Back to .025 tomorrow.
$$$SYSX$$$
This is oversold
Thanks for sharing this…
Oh my goodness….if we pull back that much Im going to buy a lot more shares
Theres blood in the water and to many gave their shares away cheap. The sharks will always claim its going lower or to sub zero….thats nothing new. Bottom line is that this massive deal is still on the table and those who say they know whats gonna happen from now till EOM is blowing smoke.
That was funny….
Lots of emotions traded here this morning.
First rule never trade on emotions….and second rule is to always remind yourself of number one. This run isn’t over….lets roll!
$$$SYSX$$$
Scooped up some nice blocks at these levels…
Yes….lets go!
Well said….
Well put….
That was a filing explaining that another amendment is being discussed and closing now on 7/31. I guess you can call it an update but the company should still put out a letter to shareholders clarifying the amendments as the speculation Im reading is ridiculous. Whatever vote happens on 7/25 it wouldn’t take effect until mid or end of August. This deal is the factor here in completing the corporate actions and the institutional investors know it.
Way oversold here….looking for a reversal next week. Company needs to put an update out as the speculation I’ve been reading on this board is ridiculous.
After rereading this press release from 5/5 I couldn’t help but scoop up some more blocks. The PPS will recover and feeling a company update before months end….lets go!
Sysorex Shares Letter from Major Shareholders | SYSX - Sysorex Inc. | News | OTC Markets https://www.otcmarkets.com/stock/SYSX/news/Sysorex-Shares-Letter-from-Major-Shareholders?id=355264
$$$SYSX$$$
Doing a RS without bringing any value makes no sense. Not seeing that pathway unfold as nobody will vote yes. I have a feeling were going to be getting a company update soon as the market needs clarity.
Exasperated with the RS talk. Whoever believes all RS are bad should do some homework. Ive seen plenty that haven’t failed…if a company times a RS right with significant changes, like a deal with a billion dollar company, that improves operations amongst other things that are important to investors, the higher price not only sticks but rises further. RS are not some death blow but do succeed for both the company and its shareholders.
Thats the worst you got? Never trade emotionally….those selling are going to feel the sting later.