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/biz/ - Business & Finance

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4726128 No.4726128 [Reply] [Original]

what happened?

>> No.4726198
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4726198

>>4726128
according to my cryptocompare portfolio it's
>Worst Crypto
that's what happend

>> No.4726215

>>4726128
well sweetie, its just another dumb shit coin that doesnt do anything. buy some salt, itll actually have a service.

>> No.4726246

>>4726128
shitcoin gonna shit, what do you think happened?

>> No.4726314

So when imbeciles are selling to jump on other moon coins suddenly you call it shitcoin?
Yes that's what happened, impatient pajeets, nothing more.

>> No.4726525

after the pump always comes the dump

>> No.4726551

>the coin is litterally a security
goodluck getting listen on any semi big exchange

>> No.4726559

>>4726128

unfortunate timing

it got caught in that 11k bitcoin to 9k dump

>> No.4726560

This is actually a good coin and now you have a good chance to accumulate for last good price. IT will probably take off in January tho. But sure don't buy low, go ahead and chase some moon pumping shitcoins and loose money and cry later and buying mod for 5+.
Whoever calls MOD shitcoin is an imbecile who didn't spend a minute doing any research.

>> No.4726626
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4726626

>>4726560
It's a security.

People avoid buying security coin because they don't want to get wrecked when the regulators come.

>> No.4727096

>>4726626

The whole point of MOD that it was already green lighted Swiss regulations before becoming a token for sale, so that this wouldn't be an issue?

>> No.4727192

Is this the blockchain thermometer or the blockchain security tag? I can't keep track

>> No.4727223

Heres the reason its back close to ICO price (0.10USD)

1. check out the top holders on etherscan. There are people holding millions

2. check out the total number of holders. Its shit tier. Mostly ICO holders and those that bought and holding. Doesnt count exchange holders. Still small number

So to recap:

A lot of holders paying opportunity costs holding a declining shitcoin while BTC goes to the moon.

ICO holders further incentivized by relative high prices delivering good returns (until break even at 0.10)

Very poor distribution, top heavy.

Thats about it

>> No.4727319

>>4727223
hmm yo are probably talking about another coin? Modum ico was never 0.10 lol, it was close to 1USD and presale around 0.50.It's now around 2USD, so are you high??

>> No.4727381

It was never clear why it needed to be a coin. Modum is a nice project but doesn't need a coin. They can just use a bunch of RFID scanners without a coin.

Also being registered in Switzerland doesn't really mean much. Lots of companies are registered in Switzerland for tax reasons.

>> No.4727410

Why not just buy stock in the company

>> No.4727412

>>4727319

Oh yeah, sorry!! That was another coin for the ico price.

But the etherscan data is correct on distribution. ICO holders still have incentive to dump when prices decline vs btc.

>> No.4727421

>>4727223
what?

>> No.4728222

>>4726626
who dis