Golem or RLC

SniperWish
SniperWish

which one is better for short term gains?

BlogWobbles
BlogWobbles

Definitely POSW

LuckyDusty
LuckyDusty

I have posw

New_Cliche
New_Cliche

RLC because golem's price already high

Raving_Cute
Raving_Cute

Both shitcoins.

Buy bitbean

takes2long
takes2long

Do both.

Illusionz
Illusionz

Bump

Lunatick
Lunatick

golem is already established, wont see any huge short term gains, but still its a promising coin
rlc has a well established team, raised 12 mil in hours for ico - both good recipes to be accepted on bittrex and poloniex.

Sir_Gallonhead
Sir_Gallonhead

thx

Soft_member
Soft_member

poloniex is good

Nope

SomethingNew
SomethingNew

i agree i dont like poloniex but you gotta admit if rlc gets accepted on it you will see a price pump

takes2long
takes2long

poloniex pump

Shills told you this term you so easily slurp up.

poloniex is death to small coins that threaten BTC.

Poloniex will have you dump your coins on the open market all day every day just to keep up with fees, and if you complain your coin gets taken down even if it has good volume.

w8t4u
w8t4u

where the frig can i buy RLC

askme
askme

liqui.io

lostmypassword
lostmypassword

ok you have me interested, can you elaborate?
what fees are you talking about specifically?

hairygrape
hairygrape

Poloniex charges ridiculous ongoing fees to keep you listed, which results in devs needing to dump their coins in a huge way on the open market to pay for the costs. This doesn't hurt ETH or DASH as much as it does something like XMG, which was removed because the dev didn't want to keep dumping the dev pool to pay the fees and wanted a real deal.

Did you wonder how poloniex listing results in massive volume spikes? Because the devs dump hand over fist into the bids.

Gigastrength
Gigastrength

see: golem being on poloniex and now can't ever go up because the devs are charged 750k a year to keep it on there.

a real coin, with amazing technology and a low coin amount, constantly gets dumped into the bid by the devs. golem can't get out of poloniex until they aren't worthwhile to scalp, either. it's a death sentence.

Deadlyinx
Deadlyinx

that pic

Emberburn
Emberburn

do you know if getting a listing on poloniex requires a time based contract for the fees? Why would the devs of golem list on poloniex willingly if its essentially a death sentence?

TurtleCat
TurtleCat

It's a contract that leaves it up to poloniex entirely. I don't know why developers do it, but the reasoning is explained above. They believe the chink meme of polo=good pump because le volume and don't realize exactly where said volume comes from.

StonedTime
StonedTime

also this is only the ones that aren't outright complicit in the dumping. obviously alot of the coins there are a-okay with the dumping, but if the developer has a conscience eventually ithey will have issues with poloniex and be cast aside.

See what happened to MYR. Promising coin, got on Poloniex, and then dumped to sub100 sat and lingered there for years until poloniex pulled the plug on them.

TechHater
TechHater

That's fucking awful. Dubs confirm truth, as well. I can completely see devs falling for such a meme too. We're all susceptible to memetics.

whereismyname
whereismyname

I send $350 btc to my posw wallet account, but it's taking too long.

when will it be available in my account?

Nojokur
Nojokur

it's good gnt got out of that 2k sat range but I guarantee it'll dump back down to it as long as it's on poloniex unfortunately.

I also can't remember off the top of my head a single coin that has had a "poloniex pump" of any sort post-listing on poloniex. It's almost always right during the announcement of being moved into poloniex it spikes, then leaves bagholders watching the devs dump it on poloniex.

ETH, DASH, are the only coins I can remember on poloniex that have offered actual gainz. any coin exclusive to poloniex has never increased substantially on its own that I can find.

Fried_Sushi
Fried_Sushi

Golem is ethereum network. Seeing how little brother ETC is doing I suspect GNT to follow some in the short. Long term GNT for sure.

Crazy_Nice
Crazy_Nice

lmao nope not as long as it's on poloniex.

see those price spikes that were met with massive sales by the dev?

Boy_vs_Girl
Boy_vs_Girl

Honestly, I would hold on to RLC, for the sole fact that it's supposed to be currency used for cloud storage/computing.

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