This is a post detailing what Elixir is using only information that can be verified from currently available sources. This post will attempt not to speculate, only to inform.
elixirtoken.io/stats.html the stats page was released on Sunday after there was an issue with Coin Market Cap having listed the wrong supply information and not changing it after repeated request. Please note CMC is a third party and as always you should do your own research to verify things such as coin supply, max supply etc
What is Elixir though? What does it intend to do?
"Elix is a base token for a lending service that will analyze financial transactions and reward borrowers for paying off loan installments on time. In addition, the lending service will eliminate the need to pay for brokers. These incentives and automatic recourse will give the lending system an advantage over both fiat currencies and other virtual currencies. In the long term, this financial service will form the backbone of an artificial intelligence engine capable of motivating consumers to make sound financial decisions. Elixir is mined through transfers between pairs of addresses. In the lending service, these pairs of addresses will correspond to parties completing financial agreements." - from elixirtoken.io/
Elixir can also generate passive income via loaning to yourself, you can see details of how this will work in the How Elix Works section of the website.
You can also check out the roadmap, a demo, and other information here: elixirtoken.io/
Whales will be accumulating tonight, get ready to sell at 2x
Matthew Fisher
there is a character limit i just learned, some language may be a little stilted or awkward due to that, sorry. I will be here if anyone has questions Ill do my best to answer.
full disclosure I invested in Elix at 899 sats and believe it has long term potential to disrupt the lending industry significantly, effectively allowing crypto holders to "make their money work for them" via interest earned from loaning said money out.
Zachary Reed
Steady all day at $0.20. bretty gud
Jose Bell
great post user.
hopefully people will get educated.
just to put it into further perspective. at absolute maximum 10 year supply 150mil. the mcap will be 30 mil at todays prices.
look at the mcap of SALT and Everex ICO. there is still room here to grow.
all that was said about the project yesterday and in the days leading up to it is still true. its solid technology. devs deliver and communicate.
dont get spooked by FUD and weak hands. look at the top holding adresses. they are still there. no one dumped on you from the top dogs. we are in it for the long run.
likely Veeky Forums dumped on itself and suppoman followers dumped on you.
Colton Thompson
Someone explain the passive income part
Noah Gonzalez
elixir is mined through lending elix/eth to other people. both sides of the transaction get rewarded for paying back in full and on time.
Liam Gomez
is correct, basically means if you are already holding elix you can generate passive income ie:more elix through utilizing the elix app lending service. It also serves to give the token a purpose and use case
Brayden Morales
Prettay prettay prettay prettaaaay good
Levi Myers
more like pretty BORING
where my FUCKING volume
Zachary Ward
Need news
Aaron Thomas
look at the market depth. sell walls are non existant. and theres a lot of people buying. we are primed for take off when some positive news pops up. next positive dev update is all it takes.
Hunter Thomas
agreed, hopefully this time round we will have more sane growth.
Sebastian Lewis
where to go for news? when do you expect news? January 2018?
Kayden Morgan
devs update us on a regular basis. like once a week at least.
alpha of the product is Q1 2018. but the product is gaining traction and exposure more money is pouring in because its dirt cheap for what it can be. look at the steady price growth over the past three weeks. the trend is bullish. what happened yesterday was fomo mania at its most autistic. but things are stable now and its safe to get in relatively early in the game.
Jaxson King
ohh and join the telegram and discord. we are already 1000 strong. we were at 300 last friday. just shows you how much interest there is in this project.
FUNFAIR for fucks sake has 1100 telegram.
Juan Rivera
Elix available for sale dropping, and more btc buying power. what does that mean? Was something like 1.1m to 34btc, and now it is 600k to 56
Elijah Flores
It's almost sad watching you faggots try to convince yourselves you didn't throw all your money down the drain .
Almost. But you were warned and you deserve it.
Ryder Evans
when supply drops only one direction for the price to go, assuming demand stays constant or increases
Gavin Torres
Stfu with your pnd, reported
Ryan Price
im in this since 500 sats. IDAF. i took out my initial investment and then some.
people that went in close to ATH, sucks for them, and i do empathize. i took a huge loss on SIGT way back when. that was a legitimate scam at the time.
but this has as much potential today as it had yesterday and the day before. nothing changed in the fundamentals. it has non of the red flags other shitcoins have.
Aaron Turner
volume is retarded high in relation to the market cap
Sebastian Cooper
mirin
Nathan Sanders
Good for you dude epic trade. Personally I think you should have sold it all yesterday but I could be proven wrong. When you get in that early it gives you the luxury to wait and see.
Jordan James
i was this close. honestly. but the order book wouldnt support my dump. the price was manipulated with small orders.
yeah my portfolio took a hit of 15k, but i will live with it. i have other non-shitcoins. and some hidden gems. im ok :)
i really liked the sense of community that sprang up here yesterday. i still believe in the project and think that this can be our coin. if a guy with 70k coin is in the top10 and considered a whale because he went in with .5 btc at the right time. this can hardly be called a pnd.
Elijah Jackson
150m is the max supply from genesis batches alone. When the whole incentivised lending thing kicks in, who knows how much more it'll inflate. It doesn't seem to be mentioned anywhere.
Camden Morgan
by then the ecosystem will be fully baked.
the MVP is a friends and family lending platform. second stage is credit check reputation backed system. stage three is indiegogo and gofundme type set up where you lend people money based on their project.
stage 1 will be completed (public availability end of next year). thats a lot of time to worry about what will happen at 150m coin supply. unless you plan to hold it till then its not an immediate concern.
Logan Hall
but the 150m is only possible in 10 years and with a lot of genesis pairs already mined max supply from genesis mining would be about 90million IN 10 Years! Nobody is that patient
John Fisher
Pretty much what I am thinking. The devs just need to show their face, plus we need some time. There was no ICO, and the project is still a baby.
Jordan Gonzalez
You should fuck off with this shilling of your shitcoin.
Since you've been posting this bullshit over the last few hours the coin has done nothing.
This means you are wasting your time, now fuck off and good luck unloading those bags.
Zachary Hernandez
>stable price >bad
Xavier Moore
But mu...muh...muh lambo?!
Samuel Baker
you should fuck off if you're too stupid to notice that this is not a pump and dump attempt you imbecile
Luis Gomez
thats the point of this post, for people to make their own decisions. so good job on that at least
Joshua Brown
Everyone knows that a not shitcoin adds 10% per 45 minutes
Gabriel Perry
FUCK EVERYBODY WHO MADE ME GO ALL IN AT .7000 . FUCK YOU ALL. YOU MOTHER FUCKERS
join the discord we were providing new people with entry point advice the other night. nobody was trying to get anyone to buy in at ath, extreme growth is bad for us long time holders as well cause it means inevitable dips rather than steady growth.
Chase Turner
Sell Orders Total: 479810.9103435 ELIX
its 50% down from about 3 hours ago.
Lucas Cook
and buys are up 100% from last night/this morning
Jeremiah Ortiz
Fuck off Larry David
Asher Wood
and price about the same, I am confused.
Austin Rivera
have to wait for buyers to become impatient, it will make a steady climb from here back to 5550 where the first sell wall is
Brody Rodriguez
but when
Ethan Scott
when the market dictates, within an hour or 12 hours from now no idea.
Easton Hill
needs a little spark, some news, a huge buy order. Something like that.
Carter Adams
seriously?
you wont see a quick pump anytime soon. market confidence is low. if you can, get in and hold.
