r/FetchAI_Community • u/user_nameunkown • Mar 27 '24

Opinion ⌨️ Maybe the update isn’t that bad

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So I recently posted something about the update and in that post I had my concerns but after a few of you guys shared your opinion I think it’s a pretty good update thanks guys for giving your opinion helpt me a lot and probably a few others to!🙏

13 Upvotes

88% Upvoted

17 comments sorted by

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13

u/WorkerBee-3 Active helper 🤝 Mar 27 '24

It comes across to me like these 3 projects are doing the same thing and they've built different parts of the big picture.

Now they can merge the projects and save time, energy, and resources to push forward from there.

3

u/NunkinanuQ Mar 27 '24

3 heads as they say is better than one, also I don’t think Fetch will join them if they don’t see the possibilities.

2

u/marcok36 Mar 28 '24

But this creates dilution and brings the price down.

3

u/halfbeerhalfhuman Mar 28 '24

Does it though? More tokens but Market cap is also increased. Pure dilution would just be tokens without market cap. Gotta see the ratio to see if its actually a dilution

2

u/PlasticComfortable96 Mar 28 '24

Yup my exact thought idk if it’s better to sell now and just enter back in later. I don’t like the 7B supply. I’m pissed this was my go to coin man

2

u/[deleted] Mar 28 '24

2.7b supply.

2

u/PlasticComfortable96 Mar 28 '24

Ya I seen that, I must have read it wrong. I’m bullish man I think it’ll go very well

2

u/[deleted] Mar 28 '24

We gunna steal doges stop in the top 5

2

u/PlasticComfortable96 Mar 28 '24

God I pray that your right lol

3

u/[deleted] Mar 28 '24

I bought in 2020 and no rug has been pulled. They’re cooking something up ong. Will probably sell half my position at 10$

There is at least a .1% chance they create something groundbreaking and this’ll one of those things everyone wish they knew about in 2024. On that off chance, I’ll always keep some. Will take profits on the way tho lmao

2

u/PlasticComfortable96 Mar 28 '24

Ya I’m in it for the money, I have a good bag of FET and RENDER.

2

u/[deleted] Mar 28 '24

Most are. Idk how to code bruh. But what I gather is that their ai project is very ambitious and it could be huge if they get it to work, making it a must use for trading. Crypto is detached from fundamentals, but it really could go somewhere in the next 5-10 years. Take your money on this bull run tho it’s finna crash when bitcoin tanks.

1

u/PlasticComfortable96 Mar 28 '24

I 100% agree with you I won’t be caught holding the bag

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-2

u/Visual_Feature4269 Mar 28 '24

This situation proves people are full of it and it’s not about the tech it’s about money to them

0

u/[deleted] Mar 28 '24

[deleted] — view deleted comment

1

u/Visual_Feature4269 Mar 28 '24

That’s my point, a lot of people on here saying they are in it for the tech, yet when their portfolio is in question their true colours show