Post
Topic
Board Announcements (Altcoins)
Re: Obyte: Totally new consensus algorithm + private untraceable payments
by
tarmo888
on 13/04/2021, 15:36:24 UTC
Why so huge surge in price, almost 70% up? I tried to find  the news that would in potential to trigger the current rise but failed to find any. There is a rumor that Obyte has to target kucoin, is that true? Anyway I don't think the price increase of Gbyte could make  liquidity providers happy right now. They are losing money in their pools. Gbyte, go back to $20.

Don't know any rumors about any exchange, but the suggested exchanges where GBYTE could be listed is public information https://preview.mailerlite.com/r3q4a1

Only liquidity providers who provide liquidity with GBYTE might have some loses if they don't rebalance the pools, other non-GBYTE liquidity providers are not affected.

I wouldn't wish lower price, the price should be even higher, so less GBYTE would be needed for stablecoin reserves. Fair GBYTE price would be between $3000 and $6000.