tezostrader | Cryptocurrency

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$XTZ Price & Trading Discussion Tezos Markets: https://coinmarketcap.com/currencies/tezos/#markets https://www.coingecko.com/en/coins/tezos/trading_exchanges#panel

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Tezos Trader

we have plenty small and big ones who either don't dump, or do it more politely somewhat

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Tezos Trader

I do believe they may have financial problems and it's done not from the good life. Most shitcoins they do farm are bleeding, and cost of living in Florida is also super high nowadays. But I'm not ok with sitting and doing nothing while they dump esp if I can do something, like, educating their delegators

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Tezos Trader

At the current price they continue to sell, why? Don't they have anything else to live on?

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Tezos Trader

I actually wish them to sell and save us from their 3k xtz autodump with bot each cycle

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Tezos Trader

if they rised cycle fees to 100% half of them wouldnt notice

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Tezos Trader

I don't care if they are hostages or not, will they sell or not. If they did dump when tez goes up, fine. But they do dump regardless of price

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Tezos Trader

I want to cancel at least some of that dump

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Tezos Trader

it will be approx 300k xtz/year

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Tezos Trader

there will be an avalanche-like collapse

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Tezos Trader

but in general they are hostages, if they start selling the price will fall even more

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Tezos Trader

well it also depends how exactly they acquired the bonds. my bonds for example are borrowed

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Tezos Trader

and they are also multichain. so they are hedged

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Tezos Trader

I actually wish them to sell and save us from their 3k xtz autodump with bot each cycle

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Tezos Trader

I wonder if they take into account the final price they need to sell at to salvage anything, or if they will bake regardless of the price?

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Tezos Trader

it will be a big victory

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Tezos Trader

it is also nice way to popularize staking/delegating with diamond handz bakers

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Tezos Trader

they did setup a bot which sells 1 minute after cycle rewards are issued. but they probably do it with every chain in their collection

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Tezos Trader

Probably they are dumb after all

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Tezos Trader

noone will make songs about us...sadly

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Tezos Trader

That temple partnership was a golden cow. 60k sleeping delegators, holy moly

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Tezos Trader

We got 10M moved out and it saved tezbagholders from extra 100k xtz dump

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Tezos Trader

that's why I'm campaining so hard to get their delegators away

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Tezos Trader

they are already selling cycle fees

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Tezos Trader

like, when you invest in hedge fund, managers always get their fees. if hedge fund is rekt, you are rekt as investor, but managers will do good

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Tezos Trader

if they do have investors, it will be investors who gonna suffer

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Tezos Trader

if tez is 10 cents, then they are at a loss despite everything they have baked

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Tezos Trader

I think they will bake regardless. with their size and strategy they gonna break even

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Tezos Trader

their current bonds size is 5.6M XTZ. at current prices it's $3.4m

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Tezos Trader

they are greedy but not dumb to sell now

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Tezos Trader

it would be double cool because we acquire it rn at cheap prices

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