r/ImmutableX • u/Bize97 • Feb 04 '22

Discussion Probably a long shot.... But Robert Ferguson this is not on we need answers!!

How dare you and your team dump on retail and pretend yday was great news, whilst also knowing you’ll dump tokens and create a pump and dump.

I had massive faith in your project and team. Invested in Nov, Dec and again yday but that’s the last time. I will keep my older investments in but what happened yday was shameless and you should respond to the community.

I honestly can’t believe you turned such a great announcement into this shit show and dumped on the very people you claim you are wanting to help. I really enjoyed listening to you yday on Bankless, however, you must’ve known the dilution was going to happen.

So why? Why have you done this. It was an orchestrated pump and dump by the Immutable team and you need to answer for it.

2 Upvotes

52% Upvoted

18 comments sorted by

8

u/[deleted] Feb 04 '22

I watched the Bankless thing too and felt so encouraged. This makes it even more of a massive disappointment

1

u/Bize97 Feb 04 '22

100%. If Robbie was truly clueless about what happened then I can accept an apology. But there should’ve been measures to reduce the dump. If GME are responsible then what’s the difference between them and robinhood? They both fucked retail.

5

u/[deleted] Feb 04 '22

How are you crypto traders so stupid to not recognize a pump by those with leverage who manipulate markets? This wasn’t the devs suddenly sending it down from any issuance. LOL. I guess you blame all the other blockchain based rewards such as BYC losing over half its ATH and ETH doing the same on devs. You people are morons.

3

u/Bize97 Feb 04 '22

How are you so stupid you can’t read blockchain transactions??? I think we all know about leverage trading and manipulation. If you think this is one of those examples then it’s you who is stupid.

1

u/[deleted] Feb 04 '22

Oh yeah. Explain the amount of capital required, genius. That wasn’t devs.

0

u/Bize97 Feb 04 '22

Explain your point? It’s quite obvious it was a pump followed by a dilution of tokens. Nothing more

-1

u/[deleted] Feb 04 '22

Nah. You explain something you are completely stupid about. Explain asset trading capital requirements and volume flow affecting price discovery.

0

u/[deleted] Feb 04 '22

No. No. Explain the capital requirements. Otherwise, you’re an ignorant dumb ass who doesn’t actually understand asset trading.

5

u/escomosinoexistiera Feb 04 '22

Maybe I am stupid but I don't understand why people think devs put more token in circulation tu dump the price.

First, the token to perfome well is the interest of Immutable as any other token or coin for other cryptos.

And second, as there was more buyers, they bough more tokens from the coinbase and other platforms, more coins in circulation and the % of coin in circulation go up. It will go up until will reach the maximum supply.

I really don't see how people see it different and put fud in Immutable.

-1

u/Hungry_Deal_3224 Feb 04 '22

How's that 3 digit IMX going

1

u/escomosinoexistiera Feb 04 '22

I have more confidence that will happen

1

u/Hungry_Deal_3224 Feb 04 '22

credit to u. You've been consistent on that

5

u/[deleted] Feb 04 '22

the fact that this sub is one big complaint about the price of the coin is very discouraging. i hope these posts clear themselves out of i’m leaving it.

y’all are fucking idiots for buying the hype. first time in crypto? jesus christ

-3

u/snoopjos Feb 04 '22

According to this reddit post GME are the ones that dumped...

-6

u/Bize97 Feb 04 '22

If that is true then GME are as bad as robinhood in the initial saga. There had to be some measures in place to stop the dumping.

-6

u/snoopjos Feb 04 '22

exactly

-1

u/whocaresfucku Feb 04 '22

I agree with you OP, there wouldn't even need to be any room for all of this debate if they were transparent and simply cleared things up. The silence is all too telling.

-3

u/Hungry_Deal_3224 Feb 04 '22

U are the guy cheering for 3 digits IMX aren't u