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@Kitty4D on the B-Chain
just my adventures with the blockchain, web3, cryptocurrencies, and NFTs
Developer, Content Creator, Former Camgirl
aka @kitty4Do, $kitty4d
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Post by kitty4d

2021-12-17
• 4 months ago
i am not going to put my FR to 0% like i see people have tried to persuade others to do, because this seems like a great way to lose money for my existing hodlers. someone buys in when it is at 0% because then they expect others to buy in, and then they can sell immediately and take money out of the coin, and they had less risk going in because of the FR at 0%. it makes the possibility of messing with my coin hodlers much less risky for someone. my current hodlers who got in with the current FR and with $DeSo lower than when they got in would need much more to happen to want to sell my coin, so the new buyer is not that worried that their buy-in would trigger a sell-off from existing hodlers. am i missing something in this? i have never taken $DeSo out of the system and i am sure that is verifiable, so it cannot be a question of thinking i would be interested in taking the FR out of the ecosystem. so does the person desiring 0% not believe in $DeSo in general or do they think they deserve better than everyone who already has bought in? or do they think they are really doing something benevolent? Posted via @cloutfeed
SeanSlater Profile Photo kitty4D Profile Photo SeanSlater Profile Photo theDavidBordeaux Profile Photo AdamAndAria Profile Photo mcmarsh Profile Photo
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SeanSlater Profile Photo
SeanSlater
2021-12-22
• 4 months ago
Agree completely and with the other replies, it's a crappy move that achieves little, if anything. The little part is by raising your coin price your replies might show up higher, but at what cost... you open yourself up to day traders - the risk is not worth it. I played around with it when I was new here, it can make sense that when your coin price is cheap to have a higher FR, but once you're underway, I think it's better to settle on a number and stick with it. Mine is 10% and will now stay that way.
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kitty4D Profile Photo
kitty4D
2021-12-22
• 4 months ago
and the thing is, i believe in myself. i don't think i need to use that kind of gimmick to make my coin attractive. i use plenty of other gimmicks that make my coin attractive and that benefit my coin holders and myself already lol i don't think anyone looking to buy a coin is thinking things through all the way by buying a 0% FR coin, or they might be looking to do what i said in the post, try to make a quick turnaround before bailing. i mean, people could be doing it for fun, some people are not here in hopes to earn one day either. that's cool!
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SeanSlater Profile Photo
SeanSlater
2021-12-22
• 4 months ago
Yep, agree completely!
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theDavidBordeaux Profile Photo
theDavidBordeaux
2021-12-17
• 4 months ago
I'm right there with you on this one. Anytime we start to have people suggesting moving the FR to lower quantities in order to encourage people to buy in, you often experience people immediately rugging their investments.
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AdamAndAria
2021-12-17
• 4 months ago
I wouldn't do it, I think people think it's benevolent like you said but it's not really a smart move
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mcmarsh Profile Photo
mcmarsh
2021-12-17
• 4 months ago
yep ignore the pressure to go 0% if it does not feel right for you. I have limited funds and rely on FR to invest in others/myself and to give diamonds there are many in the same boat there have been many "games" with FR which is fine if people feel it is for them @RajLahoti has been one of the most inventive and experimental people here you'd probably have to scroll back a long way on his profile but there will be lots to look at for inspiration if you want to experiment with your coin
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