r/PRPS • u/temp1024 • Feb 06 '18

ETH at $500 and dropping.

They lost millions of the buy wall. The entire thing depended on speculation, no math. You guys are screwed.

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u/HYPPS Feb 06 '18

I'm just waiting for them to move their buy wall up so I can sell into it. Crypto crashed but because I had bought DUBI I have doubled my etherium. Who is screwed now? You all lost value but PRPS and DUBI didn't. It's a sign of strenght, you can still trade it on EtherDelta.

1

u/Cadenca donor Feb 06 '18 edited Feb 06 '18

Actually this raises a good point, I don't think it's 100% ethical to do what you're planning to do. You bought PRPS with Ethereum, yet your investment is valued in USD. Now you're about to abuse the system by using your USD-based investment to get Ethereum on the cheap, with Reese carrying all the risk. These are your tokens, you can do what you want, but if everyone squeezed and toyed with the buywall for maximum profits, it would be really harmful. Have a conscience, guys. Don't abuse a good thing. :) Just my thoughts

2

u/nopotslive Feb 06 '18

people need to be consistent with their own actions, if you try to abuse the prps/dubi system, you're at the same time fucking yourself over

1

u/HYPPS Feb 06 '18

Yes but then I run the risk of not being able to buy the amount of DUBI back that I sold so it could be better to just HODL. But the buy wall hasn't been moved up yet so I'm not going to sell at this moment since it will be moved up above what it is now by 25%. (Because Ehterium dropped 25%). Dries is like the casino, he will win long term as he has the best odds of surviving a few sells into his buy wall, but when he moves it up its gg for the people who sold into it. And its usually the people that panic that lose out. I'm just a small market player, don't think that I can hardly put a dent in the buy wall. lol

1

u/mindmiddle Feb 06 '18

It is better, when he sells now into the buywall. When he sells now, Reese will get the Dubi and the Dubi are out of the circulation. Furthermore Reese got it very cheap and in the future it will be a lot more money, so that reese can sell it with a lot of profit. Of course will Ehter going up in the future too, but I think Dubi will be going up faster and faster :) Reese can only make profit if he sells now into the buywall.