for sure is
still can't fathom how people are not interested... Seems like it's still early!!
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Ask everyone what to do.... And then do the opposite!!!
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As soon as you see coins with very high staking rewards and APY, it screams scam. It is sad that people still fall for those coins that give high APY. You guys should know that high APY often means high inflation since more coins are being created as rewards and in the long run this could lead to a decrease in value as supply goes up and but the trade volume remains the same (which will always be low for shit coins). Short term, it might be good, long term nope. And also if you see all previous rugpulls and scams, you will see that most of them offered high APY to lure people.
I partly agree with you that those projects which promise a high APY are most often are scam. Their scheme is built on human greed, and it unfortunately works out regularly. But I know several ATOM ecosystem coins that also offer high APY (more than 1000% in the beginning) and you can make good profit with it. But as you said, later on inflation quickly lowered the price and continues to do so. So even if such projects are not scams, it is still not worth investing in them, it is a losing proposition. XVMC inflation is lower than bitcoins was at the very beginning. It starts at relatively high inflation and gradually decreases. Inflation is actually less than 30%, and APYs are up to 60%. Many countries have higher than 30% inflation. It's a good system. https://macncheese.finance
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HEX has been mooning lately and XVMC is basically similar concept but different purpose.
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BULL MARKET IS BACK???
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This isn't the right way to choose a hidden gem, I just look into this so called hidden gem project and I found out that it sucks, the market cap is 225,000$ and its volume is 224$, there isn't anything great going on with this project as we speak, in a bear market for that market, this project can crumble hard and never rise up if BTC sees 12k again.
It is one of the only that has survived the bear market actually. Holding well. All aboard!
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Price trending up nicely along with MATIC, hopefully it continues
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anyone else bullish on MATIC???
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Matic looks SUPER bullish.
Buy MATIC and XVMC might be the best performing token as well on there!!!
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Matic seems poised for a bull run. All aboard!!! The risk of missing out is HIGH. DO NOT MISS OUT.
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Doing pretty well. Hopefully the way is up from here!
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I stopped believing in projects that do their hype at the expense of Bitcoin or other top coins in the market without proving that they can create their platform and all just coming soon, they kept dwelling on the weakness of Bitcoin and creating hype on their platform that is not yet in existence, they just want your money and once they get it they will do an exit scam, why do they just launch their platform without doing a comparison and let the community judge.
You are missing the point The only thing bitcoin provides is the security and decentralization It's slow, expensive and slow to use. It's extremely inefficient and has a high cost of maintenance. What people are ultimately looking for is 1.) Store of value(asset that appreciates over time) 2.) Yield on their asset So XVMC is specifically built to be a better store of value(through time deposits) and the yield is built into the protocol. The inflation perpetually reduces over time, there are reward boost events to induce volatility and speculation, it's fully decentralized and governed by long term stakers. It is amazing.
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Liquidity can be incentivized at the protocol level. When the market was at the lows we switched to majority MATIC pool(at around 0.45$/MATIC, slightly too fast), which allowed for the price to go up as MATIC skyrocketed. Once the market topped (at 0.9$/MATIC), the liquidity was switched back into majority USDC. We capture the upside volatility of MATIC and piggyback, but avoid the downside. Genius!
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~~~
I would say OP, it was just a speculation and marketing strategy to compare a NEW project vs the most reliable Bitcoin.
It's a bad marketing strategy, investors are used to gimmicks and comparative statements like this, I think it's not only inefficient but also has a direct negative impact on OP's project. Instead of drawing a comparison graphic, it is best for them to start taking action to show their strength to the community that they are serious about the project. After, It is up to the community to decide whether a real good project is worth pursuing. Bitcoin has literally done a x1,000,000. A MILLION X!!! And what does it do? The only thing bitcoin provides is security and decentralization. It's incredibly slow and expensive to use and it's extremely inefficient. It pollutes the environment and the cost of up-keeping the network is relatively high(miners need to pay for hardware and electricity), which results in additional(but unnecessary) sell pressure. XVMC protocol is safe(audited) and fully decentralized(polygon pos is the weak point). And it offers additional features on top of that. Bitcoin pays miners to secure the network. XVMC pays interests to the stakeholder for governing and maintaining the network.
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Almost every reply is an advertisement. Is there no moderation on here?
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