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No change in Bitcoin's price movement.  

Sologenic airdrop ratios were announced last night. 

0.004456338205 SOLO per each XRP participated

1.2420448858 SOLO per each SOLO participated

Not as much per XRP as people were hoping for mainly based on the initial estimate which used 500,000,000 xrp as the amount of qualifying XRP and also the announced ratios on Dec 10th up to that date of .013 when only 7billion XRP had registered.

 Interested to see how sologenic's price reacts to the doubling in supply which will be distributed January 20th. 

1 5 2022.png

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2 hours ago, Eric123 said:

Interested to see how sologenic's price reacts to the doubling in supply which will be distributed January 20th. 

do you have a price target for SOLO?

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2 hours ago, Baka said:

not looking too good right now , we need support at 40-42K

One thought I've seen is that it probably won't go below that yellow level, and that if it does, it's game over

image.thumb.png.a016fd9b6ff0bcd7bf762a81c819f992.png

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22 minutes ago, Ripley said:

One thought I've seen is that it probably won't go below that yellow level, and that if it does, it's game over

image.thumb.png.a016fd9b6ff0bcd7bf762a81c819f992.png

Yes , i'm thinking the same. BUT it could go below for a flash dump so people get rekt

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25 minutes ago, Ripley said:

One thought I've seen is that it probably won't go below that yellow level, and that if it does, it's game over

image.thumb.png.a016fd9b6ff0bcd7bf762a81c819f992.png

What is that level? Can't see it on my phone 

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4 minutes ago, xrp-pat said:

What is that level? Can't see it on my phone 

The level that will bring another lower level, basically a nee bear market and everyone will try to convince you that it is not there yet.

But when price goes to below 28k, it will be almost late to say it is a bear market 😅

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Bicoin's price broke lower yesterday which most are saying was caused by the US Fed's hawkish stance, (also Kazakhstan's troubles are probably weighing in (Kazakhstan has 10%+ of global hashrate.))  Additionally more bitcoins have been leaving exchanges. https://www.yahoo.com/lifestyle/bitcoin-btc-looking-chain-2022-175712118.html

Accumulation?  I have some excess cash coming next week and if prices remain this low I will be buying something, not sure exactly what yet, my last purchase of Bitcoin was around $29k, might even get some ETH.

20 hours ago, Nat99 said:

do you have a price target for SOLO?

No I don't have a target.  It remains to be seen if they can pull off what they are claiming they will do, 100k NFT's a month, tokenized securities, etc.  Right now I see Sologenic as a long shot. Since it is a long shot I expect a long shot payoff if it can deliver. 50X+ .  I received some from the Airdrop and I want to purchase some more.  I am going to wait until after the Airdrop is distributed before I make a purchase.  I don't see how increasing the supply from 200million to 400million is not going to significantly impact the price.  Currently the price is .88.  I plan to accumulate below the .40 area.  The lower it goes the more I'll buy.    

1 6 2022.png

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4 hours ago, Eric123 said:

I received some from the Airdrop

did you? I still got nothing. I wasn't holding any SOLO to begin with. You got those SOLO based on the XRP you were holding?

Edited by Nat99
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Posted (edited)
53 minutes ago, Nat99 said:

did you? I still got nothing. I wasn't holding any SOLO to begin with. You got those SOLO based on the XRP you were holding?

"I got."  I mean I set up the trust lines.  If I did it right I expect to receive the tokens. I don't have them in my possession yet. They are going to be distributed on January, 20th.  

For every eligible XRP you hold you are supposed to receive 0.004456338205 SOLO 

Edited by Eric123
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4 minutes ago, Eric123 said:

"I got."  I mean I set up the trust lines.  If I did it right I expect to receive the tokens. I don't have them in my possession yet. They are going to be distributed on January, 20th.  

For every eligible XRP you hold you are supposed to receive 0.004456338205 SOLO 

gotcha. thanks for clarifying.

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9 hours ago, Eric123 said:

I don't see how increasing the supply from 200million to 400million is not going to significantly impact the price. 


I agree with you but it’s a weird thing….  supply and demand do not directly affect price.  Only sentiment about  the supply and demand does.

Proven when Stellar burnt half their supply and the market wasn’t interested so it had no effect.

So yeah it will probably affect the price but if the market is disinterested then it might not.  We will see.

 

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