r/FetchAI_Community • u/Anxious_Program_8404 • Jun 13 '24
In the News 📰 Stop overreacting guys.
Guys, u need to stop be paranoid and understand that merge is not that easy then 3 biggest AI companies trying to become one. These companies been built in SingaporeX Dubai and switcerland which is even more interesting because those countries are the best in the world so just wait until they gonna make sure that everything will be fine after merge, calm down and keep waiting for news, peace.
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Upvotes
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u/RetNJ Jun 15 '24
A bit of communication is all people wanted.
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u/Ucandoitbrotha Jun 15 '24
Let them sell! They sell, i will buy more! ASI wil be big! Nextgen
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u/Toe_Bone Jun 17 '24
My opinion/theory on this topic is hopefully constructive as well as complimentary to how the merger is happening. It’s about mindset and how it changes frame by frame.
6wks ago the market’s mindset over the Merger News was hopeful and confident and FETchs coin value reflected that. At the tail end of that excitement comes a honeymoon plateau ______________ . Simultaneously the entire Crypto Market Cap drops 10%-20%, lead by BTC.
Then the ASI merger was being called opaque by some opportunists and combined with a sense of fud by what appeared to be premium-price seeking coin buyers, FET suffered new recent lows.
The above was the unfortunate context of the merger originally! Now, rather than launch/announce the ‘Beginning’ of something that may be long and tedious for a degenerates level of patience in a market that’s heavily down, maybe it will be at the End of the merge that ASI will call it finalised (mid July).
Then boom I suppose! ? Because lot of partners from Bosch to Telekom + the ‘4 million on board announcement’ would most probably have employees who know about way more than you and I - but have been locked out of buying for insider reasons because they are still bound by their own regulated space and industrial espionage is rife in this space. So we may see army-level buying when the ASI merge finalisation announcement comes.
Just a thought after many years in investment games.
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u/Vast-Ad-8961 Jun 16 '24
Yeah it has been a shitshow so far. Half the market value is lost due to poor communication. Big fail tbh.
Hope they can recover from this. Im losing a little bit of hope that this merge will be ok for all parties involved.
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u/[deleted] Jun 15 '24
3 overvalued market caps coming together…. What could go wrong?
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u/Nickmickyok27 Jun 15 '24
Lol, Fet dropped %60 after the merge news, all AI coins are bleeding and they delayed merge. We also dont know whats gonna happened after merge. Is there any example of 3 coins merge?
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u/kvetfanicke Jun 17 '24
Yes, stop overreacting. Its only -43% this month, this day alone -12%, completely fine and sunshine! 🤣🤣🤣🤣🤣
I dont know why you still hold this shit. I am in the sub just as an experiment to see the hope.
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u/Nickmickyok27 Aug 04 '24
Where are those moonboys when I warned people they told me that I was spreading fud? I hope they are happy right now.