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Showing 3 of 3 results by Climaxscience
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Board Tokens (Altcoins)
Re: [ANN] - HIVETERMINAL - Blockchain based invoice financing platform
by
Climaxscience
on 08/05/2021, 16:05:12 UTC
Hey guys,

Actually the project is very much alive.
It recently got acquired by a VC and there in the proces of expanding into Germany, Switserland and Austria with their Enterprise offering.

Read up more on it on this most recent medium post (2days old)

https://medium.com/hiveterminal/hiveterminal-enterprise-offering-coming-to-the-dach-region-soon-2f01a63f468f

They are planning to move into production next week, so you can guess what will do with the price, which has actually already 14x ed earlier this month.

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Board Altcoin Discussion
Re: Thoughts on SafeMoon?
by
Climaxscience
on 21/04/2021, 16:20:53 UTC
Looks like vaporware to me, still pretty hard to get hands on it. Why's it blowing it up? I've also seen some very similar posts from scummy youtubers on Twitter, think they're paying them to post about it? idk, reminds a lot of those ICO promises. You guys buying it?
I see this project is a scam now because it was deleted from Pancakeswap, I was surprised that MXC even listed this token as a fool, avoiding big risks like this safu

Its still on pancakeswap
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Topic
Board Altcoin Discussion
Re: Thoughts on SafeMoon?
by
Climaxscience
on 21/04/2021, 14:37:51 UTC
I think Safemoon and similar initiatives may actually be a better store of value than Bitcoin.
It also reached a marketcap of 8 billion yesterday making it a top 25 coin.

The inbuilt mechanisms disincentivise trading and incentivise hodling. That should make the price more stable on the long term. The sad thing is that 10% transaction fees both for getting in and out I find very high. That means that for getting in you'd have to assume the coin appreciates in value at least 20% during the period of holding, which only happens if other people keep transacting. As the transaction fees are high this may also make this project fail on the long term.

But the other 'safe' initiatives have lower transactionfees like Safemars with 4% distributed 2% to burn and 2% to the community. That seems like a much more reasonable fee.

I think we can expect pump and dumps for these coins just like the bitcoin pumps, and then stabilize, possibly more than any other (non stable) coin on the market because of the disincentive to trade them and incentive to hold.