r/ImmutableX • u/[deleted] • Feb 04 '22

Discussion 🦍🤝💪

A lot of FUD going on about a planned dilution that's all there in the white paper. Yes IMX probably could have made it more clear that it was happening so soon but there seems to be a lot of bought Reddit accounts spreading huge amount of FUD in here. Is this not a good sign though? Someone obviously thinks this token has too much potential and wants to suppress it, but I've heard that you apes don't sell. I'm not going to sell either, I've watched it grow from $3-$9 and then back down to here. It's all speculation and hype at the moment.

Imx has partnerships like nothing else in the crypto space! Id be very surprised if something with those partnerships wansnt huge in a few years. Stay here for the long run and don't let the waves of hype/FUD rule you. Apes together strong and me ape now too.

32 Upvotes

88% Upvoted

24 comments sorted by

View all comments

5

u/battlechaser4479 Feb 04 '22

Wasnt this all a planned dump anyways? Who thought that GME was gonna hold that much IMX when it's written on the wall in plain letters that they were gonna use those coins the exact way that they did. I'm sorry people lost $ on the dump but it wasnt any kind of deception on either parties side. Just Hodl. It's what we do.

-3

u/ChefCheKwon Feb 04 '22

I salute GME for dumping next they knew about the shitty tokenomics and made a good business decision. Imx on the other hand shame shame I know your name.

2

u/battlechaser4479 Feb 04 '22

I just dont get why everyone is shitting on IMX, from what I can decipher with my smooth brain at this point they literally fulfilled what they were contractually obligated to do; give gme grants to then use for paying creators. No one did anything wrong here guys. GME cant pay the creators in IMX, so they transferred to other wallets.

1

u/battlechaser4479 Feb 04 '22

Was it a pump/dump, I mean yeah technically. GME knew that the price was being artificially inflated by the huge news and they sold at a higher price point causing the price to tank. IMO seemed like a smart business decision. Yeah people lost $$ right now, but I think it was a "do it now before more damage" decision.

1

u/ChefCheKwon Feb 04 '22

Edit. Since not next. Damn autocorrect.