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You can try and rebuy high trips for a bounce. But I am not sure it gets one. Just going based off chart alone, limited price action history. I don’t know anything about company itself and if there are reasons for it sudden burst in interest.
I can’t private reply. Letitgrow12 is my handle on twitter.
Didn’t post elsewhere cause not receiving much appreciation. Lol
Hopefully you see this.
I said I left otc for crypto. Literally signed in after a friend told me to look into it. Saw what was posted. Investigated and tried to help where I could.
Simple as that. Should have known better. I suppose if I were you I’d see me the same way.
On twitter I have a very good reputation. Those who know me can vouch for that. I am not a basher brother.
I was using it as an example as it too is a DEX and actually has true real world potential compared to this scam.
You should be thanking me.
Sure right now I’ll seem to be some a$$hole but remember this and all I have said come next year and the future.
That doesn’t mean you are knowledgeable about blockchain.
My brother knows crap and can mine bitcoins. Many in crypto haven’t a clue of what or why they are buying what they do.
To truly understand the mechanics/economics of building a business on a blockchain has nothing to do with running an asic mining device.
Unconfirmed transactions go back 8 hours for Counterparty’s DEX... that’s with low volume.
Think about it.
Bitcoin isn’t a platform like that. It can be but can’t be used that way in real world use. It’s hard enough to keep up with transaction in general.
Let alone smart contract. Using Bitcoin is the dumbest thing in world as it is so expensive just to send bitcoin anyway. To have a business with smart contracts built in their chain is not economically efficient.
Even Ethereum is getting expensive. Waves is the cheapest. The fees are set to a Standard.
Ethereum right now is .15-.40 a transaction. Waves is .005 each transaction.
Waves could get to Ethereum’s price and still be .20 a transaction.
There’s a lot more to smart contracts and building on a blockchain than bitcoin being the most popular and those naive enough to believe in a project using it without properly understanding blockchain technology.
PS I am not a basher. I am a cyrpto investor who is deeply invest in blockchain technology. I only wound up here because a friend asked me to check it out for him since he knows my background in the trade.
I came here to warn the red flags of this ticker. Should have known better though. I use to get tunnel vision too. I get it.
Bitcoin is not as stable as you think. Just a few weeks ago they had 200k plus unconfirmed transactions.
It’s great for being a store of value, but using it as a means to implement smart contracts is not a viable option.
Look at all of counterparties transactions. All unconfirmed and pending going back hours and days/weeks+
Next month waves will be the fastest blockchain in the world with 6k transactions a minute. Able to do 100k plus. Until Ethereum implements plasma upgrade sometime in next 3 years with OMG getting 1 mil+ transactions a minute waves will be the fastest and most reliable.
A blockchain needs to be scaleable and able to handle transactions without getting jammed up. Bitcoins job isn’t do be a smart contract. It’s capable but not designed for that kind of use. Not one bit.
After reading all these delusional post about this makes me glad I left otc.
I can’t believe I too use to be this way. 100% this mobicoin thing is going nowhere. It looks super shady.
If you all are really excited about crypto. Actually get into it. This isn’t the way and Mobicoin just looks super shady.
There are several DEX out there much better than counterparty’s barely existing one.
And if you do get into crypto. Get waves.... you’ll thank next year when smart contracts are added making it officially better than Ethereum.
Good luck!
Don’t you see that’s not the right information?
Xchain isn’t used by anyone. Looks like a fake website. XCP is Counterparty and if trades at $23 with a total supply of like 1.2 million.
Man I don’t want to look like a basher here. I really need to step back.
The shadiest thing is it says dex trading price but there is no such thing as just DEX.
Dex means decentralized exchange. It’s not AN exchange.
Well... my input is there. All I can do. Many running with this and many will get hurt.
At least I tried.
Just look at their about section. It doesn’t even make sense. It’s just trying to confuse the average person into thinking it does. It’s gibberish.
Don’t be naive man.
Look at my last 2 post here. All evidence is there.
Anyway, goodnight everyone. Good luck.
I hate to burst your bubble man. And this is the last post as I won’t waste time. At least I’ll sleep good at night.
Like I said in last post I left otc for crypto.
PTOP is a scam 100%. None of its press release makes sense. Not one bit adds up.
Look at my other post below for more info.
I only looked into it for a favor of a good friend of mine. I am not invested here but hopefully some of you will save yourselves from another penny scam.
There’s real projects in crypto doing real work. “Mobicoin” isn’t doing anything. All a mirage to those who don’t know crypto.
If I didn’t know it I’d fall for it too. But I know what to look for and their press release has so many red flags.
Another I noticed was it say traded in the dex.... okay.. decentralized exchange.
Now.. to someone who doesn’t invest in crypto that might sound cool but here’s the thing.
Doesn’t tell you what exchange? Etherdelta? Maybe waves? Tidex?There’s a few decentralized exchanges not just 1 and Mobicoin isn’t listed on any of them.
Their link to the assets page from press release links to Counterparty. XCP isn’t .13 ... it’s $23 and nothing to do with mobicoin.
Careful everyone!
https://coinmarketcap.com/currencies/counterparty/#charts
I haven’t been on ihub in awhile as I now trade crypto. A friend of mine asked about ptop and this looks super shady.
Mobicoin is not known in the crypto world. The XCP ticker it claims its trading with belongs to Counterparty which is a project with a completely different agenda. Different coin supply. The symbol belongs to counterparty and not “mobicoin”
Their snapshot makes no sense. Looks very shady.
Investors be careful.
Here’s Counterparty’s info on coinmarketcap which is a VERY popular website to tracking price, market caps, and coin supplies in crypto.
https://coinmarketcap.com/currencies/counterparty/#charts
Ihub isn't accurate or td isn't.. anyone got other sources to confirm? Not that it makes a difference but I am curious.
Do you not see what just happened on the ask? I know I am or crazy unless td is showing the wrong info.
I swear that's what I saw earlier. But alright man. Maybe I am at work and busy but I thought that's what I saw.
Arca was what Cdel is now. Swear by it. I should have snapshot it. That's weird. They had the same amount of shares....
Arca trying to short again. Guess they didn't learned their lesson last time.
That's a pretty big amount to have to cover .05+
It's legit. Cheds is known to never post interactions with CEO's.
More respectful classy way of being than those guys who immediately post the convo on twitter. That's when company stops answering specifics. IMO
I bet next week we stick in .03 range.
Those who bring this down have like 0-100k... small potatoes.
Everyone else is holding STRONG!
$RVUE
That the point. This isn't as bad as it looks.
No one is selling few are buying and those in between are playing back and forth.
Very low volume.
Dude.. there is no doubt man.
Just waiting game for now but I don't think it will take long. He and his team are on top of things like white on rice!
It's clear as day this will play out well for us. No one knows when... but it's clear Roche isn't wasting time.
He had so many ends already in place before everything going on now.
F'in brilliant!
$RVUE
Man. We still got buyers. Like honestly who is buying this up?
Has to be loading.
Yeah like anyone is fooled by the "10k"
Lol
Might be slow or random ask slapping at noon today.
So unpredictable.
$RVUE
Exactly... Idk why some don't get it. The press literally says everything we needed.
Plus a point my buddy brought up today said the press releases said rVue was going to dissolved in 30 days but nothing in it says they were canceling the shares and delisting from trading.
A few other companies that closed down and shut down for good announced that in their press releases. So to leave that info out if that was there intention is a big mishap.
This ticker isn't dead. Not one bit.
ARCA looking to short again. Any buying pressure and they flee. Lol
Yeah I am sure Roche has access to a public trading shell and won't use it at all.
That makes more sense.
Dude a dip with barely any shares sold because it was most likely short doesn't count.
A dip you are trying to suggest would be lots to be filled. A worthwhile loading area.
When it dipped below a penny, there wasn't a substantial amount of shares to make a difference. More like paint in the other direction to scare more into selling but it didn't work. We ran quick!
Okay. I am sure it doesn't indicate at all the mms we saw doing it.
Makes a lot of sense.
Almost all volume this afternoon was under .03???? Really.
3 orders out of the whole day totaling 190k shares is all the volume this afternoon?
Take a look at the tape again.
Idk but according to this, MANY are in trouble if they haven't covered yet.
http://otcshortreport.com/?index=RVUE&action=view
At least 10 mil+ has loaded .025+... unless the shorts get lucky I think we are good for now as far as retail goes.
Directly attributable to the offering (netted against proceeds)
• Underwriter discount, which based on public registration statements, result in fees equal to 5%-7% of gross proceeds
• Legal, accounting and printing fees associated with drafting the registration statement and comfort letter
• Road show expenses
• In addition to underwriter fees, on average
companies incur $3.7 million of costs directly attributable to their IPO
https://www.strategyand.pwc.com/media/file/Strategyand_Considering-an-IPO.pdf
Page 4
Roche is saving a ton of $$$ merging this way.
$RVUE
Well you have to pay 7% of the proceeds and if his company is worth say 500mil... that's $35mil bud.
Plus if you want to buy shells they are very costly especially ones on NYSE.
So tell me this doesn't work out doing it this way?
Dark filers also don't usually lend more money to a company they know can't pay them back and raise the AS prior to forcing the notes into default to bid the entire amount and get the assets and an empty shell for under 500k... which is already perfectly set up for a Reverse merger of their choosing. Any of Roche's companies would have cost 10's of millions if he had done an ipo any other way.
This was planned way in advance. My guess is to not slow down the process when the dust settled.
Lmao I have a few minutes now. I think a few more witnesses and whatnot then on my ways hopefully out of here in like 2.5 hours. Enough to see power hour.
At least I am hoping!
I am sitting in a case at Jury Duty. Only have breaks 5 min at a time today. Sucks cause 1. I am very hungry and 2. I can't see the action today.
Totally bad timing my man!
I have an order not showing.. mm games.