@CryptoSorted
more from that month
For those of you who bought the Goblins DAO token (GOB) early, congratulations! But you should consider taking profit as early as possible because: 1. The inflation (APY) is very high and the inevitable dump will follow. 2. There's not enough money on smartBCH right now to support any price action similar to other DAO tokens on other chains. So don't expect GOB will reach similar ATHs of those tokens. 3. As long as the price of GOB is above $1, it'll be an endless inflation. Whales and people who're used to this thing (savvy degens) will be the first to dump on you. 4. All DAO tokens so far have either dumped too hard or dead. This may go similar route or at best, survive longer. I didn't buy when it launched yesterday because I don't want to invest in a project that's been historically proven to be unsustainable. But hey, this is crypto and you can make money from even the most unlikely things. How are you enjoying your GOB profit so far? #crypto #cryptocurrency #smartbch #defi
7 comments
glad to see my sentiments reflected elsewhere. if they can deliver on some of the projects on their roadmap, and investment in GOB gets them there, i guess it'll be a success. but promises are easy.
Had to tested it out with a small amount. So far so good, but of course APY is coming down as we speak. This one to watch closely.
Well darn, do y'all remember my GOB SLP token that I created on mint.bitcoin.com ? That site went bust, and all my GOB's are gone now, but I wonder if they ever spiked like this "GOB upstart" did? (Of course not! I had no way to promote them.)
When I first saw that GOB token trading for multiple hundred's of dollars I thought it was your GOB and wondered if the Grumpy Old Bastard had so few remining tokens after that whole mint bitcoin wallet debacle that now it was priceless. 😂🤣😂
Wouldn’t that be something if those stupid things actually wound up being worth something? Now that SmartBCH is here, I wonder what will become of BCH SLP tokens?
Many projects switched over to SmartBCH, but I can see a use case or two for SLP tokens too as they're better for peer to peer payment type of things, while SmartBCH tokens do better for DeFi stuff.
And then there are simple folk like me, who are happy just to use BCH. :-)