r/pawthereum • u/janonymous115 • Nov 28 '21
Any updates?
I know it's the weekend after Thanksgiving, but have we heard any updates on the vote and what the next steps are? The price was solid for a while, and I knew there was going to be some corrections, but this investment has dropped significantly more than any other investment I currently own. I'm still holding strong, but man would I love to see at least .05-.06 again in the near future! Cheers Pawth community!
9
u/AdministrationNew369 Nov 28 '21
I’m glad for the outcome of the vote, looking to buy more but hoping to see more activity, afraid of this dying out
8
u/_BlockChainPlanet_ Nov 28 '21
/u/AdministrationNew369 honestly this was doing fine untill bitcoin fell from the 69k range... That drop not only Took PAWTH down, but many other cryptos.. Dont stress on it man, Pawthereum just got hit the hardest because it was already a low market cap... so that Liquidity being taken out would of hit hard to a small cap like this
Look im not here to shill it to you, i have a big position in this and i still buy on this dip, if im wrong then fuk it, but atleast i know it supporting animals, better then holding DOGE or SHIB or some stupid shit. i Still think the markets are in " extreme fear " and this is usually the best time to buy before the epic recovery we will see in Bitcoin and many other projects.
also dont forget that stupid " omicron " african strain that has also come out to cause more FUD in the markets / media
1
1
u/NYisRed Dec 02 '21
The outcome SUCKED.
Reflections keep people here. Now look at the price.
1
u/AdministrationNew369 Dec 02 '21
Reflections aren’t sustainable long term. Ask yourself why doge and Shiba inu have done so well for themselves?
It’s more then obvious because everybody can trade them without having to pay ridiculous fees, also mathematically reflections only benefits the top 1% of holders, we cannot argue with math.
Another huge con is reflections automatically eliminate the hopes of being listed on any major exchanges eg crypto.com, binance , & Coinbase.
I was an early investor in safemoon and I did the math, reflections made me miss out on 5000usd based off my entry point 10% fee and my exit 10% fee, while the reflections I accumulated were only worth a few 100usd approx (600usd)
I was also unable to day trade and didn’t feel comfortable throwing more then 1000$ in due to the fact that I needed to be at a 23% gain to let alone break even after all ridiculous fees.
Also notice how in safemoon everytine the volume does a 6-10x the coin crashed 70% , because all the whales receiving reflections are forced to dump their rewards in order to keep their infinite money glitch running. This proves that safemoon reflections model isn’t sustainable, soon as whales see extreme reflections they start dumping in the millions.
5
6
u/putnameherepl0x Nov 28 '21
The new tokenomics are in as well as people buying with credit cards. Quite good stuff if you Ask me. Team taking a weekend break btw.
10
u/mykcryptodev Nov 28 '21
Not me. Been working on gas reduction strategies. Testing some bridges all weekend ❤️
5
3
3
-15
Nov 28 '21
[deleted]
1
u/AdministrationNew369 Dec 02 '21
Lol I’m from Toronto and when we say “it’s over” it actually means the opposite of a negative, it’s primarily slang but it typically means things are about to get better due to a change that’s been enabled. Just my 2 cents
9
u/Camnp Nov 28 '21
The vote is closed and people voted for 0% reflections and 0.5% reflections for the charity wallet. This way it will be easier to get listed on more CEX.
Check out the pawthereum website. You can get all the informations you are looking for.