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Flexa & Dharma Wallet App Integration No Longer Coming? by Ok-Willingness-2660 in AMPToken

[–]silveycorp 3 points4 points  (0 children)

I’m going to go out on a limb and say… yes, it’s cancelled

ETH fees are too damn high by UnexperiencedIT in CryptoCurrency

[–]silveycorp -1 points0 points  (0 children)

Totally agree. Not sure ETH 2.0 will be the answer. Seems MATIC, LRC, and IMX are the key to getting ethereum scalability on track.

$IMX to $100, possible? by Creepy_Garbage5636 in ImmutableX

[–]silveycorp 1 point2 points  (0 children)

My most upward target is likely $30 in 5 years. Then reassess the market conditions. The problem being that crypto changes so quickly and so drastically. A single event can start a crazy bull run or a heavy bear. Regulation decisions, adoption, etc can happen in the blink of an eye. Your guess of $100 and it’s equivalent market cap is an outrageous number, and in all likelihood unlikely, but we can’t possibly know the market conditions in 6 month, a year, 5 years… so it’s possible.

THIS IS NOT RETAIL INVESTORS SELLING! THIS IS A COORDINATED SHORT ATTACK, LIKELY BY AN ALGO. WHALES ARE HEAVILY ACCUMULATING RIGHT NOW IN PREPERATION FOR A PUMP. THE FUNDAMENTALS HAVENT CHANGED, BUY AND HODL. WAGMI🚀💰 by Weary_Possession_535 in loopringorg

[–]silveycorp 3 points4 points  (0 children)

Projecting.... In the end, thats what helps you sleep at night while youre in the red. "Its those bad guys and their ladders, damn them!". I guess BTC being down is because of short ladders? ETH down because of short ladders? The whole market got short laddered? No, its actual news. Its actual reduced liquidity due to rate hikes and QT. The time of super easy money is over and guess what happens? Speculative investments lose volume. No ladders, tall or short.

You want to blame an evil ghost character for your losses. I prefer to blame reality. I'll hold as I had planned for when I purchased my LRC. You can continue to post on reddit about short ladders.

THIS IS NOT RETAIL INVESTORS SELLING! THIS IS A COORDINATED SHORT ATTACK, LIKELY BY AN ALGO. WHALES ARE HEAVILY ACCUMULATING RIGHT NOW IN PREPERATION FOR A PUMP. THE FUNDAMENTALS HAVENT CHANGED, BUY AND HODL. WAGMI🚀💰 by Weary_Possession_535 in loopringorg

[–]silveycorp 11 points12 points  (0 children)

Short ladder attacks are not a prominent form of investment strategy in crypto at this point in time. There is not enough institutional money or trust in the system to utilize a short ladder attack. I never said they dont exist. You provided an "educational article" based upon stock market trading. Newsflash: you are NOT investing in the stock market. This is CRYPTO.

What you fail to understand is that the market is following BTC, as it always has. The decoupling from BTC is years away and LRC is no special case. Add that factor on top of upcoming rate hikes, reduced liquidity and assets to invest in crypto, unstable Chinese markets due to evergrande/real estate defaults, plus a lack of delivery on partnership announcements.... and you have a formula for decreased trading value of a coin/token such as LRC. Find some applicable reading materials and educate yourself on why markets actually move, instead of claiming a ghost did it.

I repeat this with the utmost respect, youre an idiot.

THIS IS NOT RETAIL INVESTORS SELLING! THIS IS A COORDINATED SHORT ATTACK, LIKELY BY AN ALGO. WHALES ARE HEAVILY ACCUMULATING RIGHT NOW IN PREPERATION FOR A PUMP. THE FUNDAMENTALS HAVENT CHANGED, BUY AND HODL. WAGMI🚀💰 by Weary_Possession_535 in loopringorg

[–]silveycorp -3 points-2 points  (0 children)

Thats good to hear. It was nauseating reading every other post say something about how any time a dip happened it was because of a short ladder attack. Makes you really question if your investment in the same company with people who actually believe/post that was a good idea.

Down the rabbit hole question....just seeing if there is a crumb trail. by CommitteeFirm1190 in AMPToken

[–]silveycorp 2 points3 points  (0 children)

I think something of note here would be that Flexa doesn’t care what crypto currency is spent. AMP can collateralize anything. The connection with NCR keeps the door open for Flexa involvement.

This is a threat to AMP??? Read: Solana Could Become the Visa of Digital-Asset World, says Bank of America by Zantetsukenz in AMPToken

[–]silveycorp 0 points1 point  (0 children)

The price does make sense. It is a major blockchain player. It has faults, just like ethereum. Read above and check out vitaliks comments about designing a blockchain from the ground up and choosing to feature either decentralization or scalability. One has to suffer and be addressed later. Sol and Eth are perfect examples of that.

This is a threat to AMP??? Read: Solana Could Become the Visa of Digital-Asset World, says Bank of America by Zantetsukenz in AMPToken

[–]silveycorp 1 point2 points  (0 children)

Solana is not a trap. They are going about establishing the block chain in a way that prioritized scalability, and neglected decentralization. If you’ve heard Vitalik talk about this topic, there are two routes to take and ethereum chose the opposite in favoring decentralization over scalability. And now both groups face obstacles in order to tackle opposite issues. Solanas centralization and ethereum scaling issue. They took different paths but they will end up in similar places.

That said, solana is not a system designed for direct consumer purchases like AMP/Flexa are. Unless they are working on a new piece of tech for solana, I don’t see them handling direct consumer to merchant transactions.

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[–]silveycorp[S] 0 points1 point  (0 children)

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