Whats the deal with this? It just keeps going up
Give it to me straight, is this a pajeet pyramid scheme, or the next binance?
COSS
COSS is gonna be a big deal for Southeast Asia in my opinion. I picked up 2500 at .08 and its been good to me.
new ui on xmas, 1$ EOY
Its the next cryptopia. Once it gets fiat it will the next kraken. Also DYOR. Pro tip: decide to get in before christmas.
It's basically Kucoin, but the fee split won't change later. Also there is a merchant portal that contributes to the fee split, which is a bonus. I'm balls deep as it's probably 1/10th (or less) of it's real value right now.
Anyone someone tries to talk about it here it gets fudded relentlessly. All-in-all though, probably the most underrated coin on the market with a real profit model and working product. Pic related is the profit estimate I made a few weeks back.
Actually seems pretty legit
Even if i only pick up like 10,000 I could potentially be making thousands per year in the future?
is it too late to get in?
Where did you get that projection? I'm not sure that's right.
Last week I got $3.8 USD of tokens on probably 500k average daily volume. If we reach 200m daily volume, which is 8% of Binance volume for example, that'd be a 400x on the amount I make a week. That's $1520/week. 8% of Binance volume is so fucking conservative too.
That number is very very close to this spreadsheet that someone calculated based on the number of COSS I own. If this exchange reaches $200m/day or more it is going to be insane.
It is still cheap as fuck.
Nevermind I see the error/confusion.
So that is assuming 16k tokens at $1000 price. 16k tokens would cost just about $5000 right now. But based on your $1000 buy in it calculates a 9x yearly return on a 200m/day volume which is about right.
My spreadsheet and personal calculation based on my current return put it at like 7x but I'm just ballparking mine. Somewhere around 7-9x is right IF the exchange can reach 200m/day which again is just a measly 8% of what Binance is doing right now.
Not at all. The market cap is about 17m. That's absolutely tiny in crypto for actually useful coins.
Yeah. I have fomulas in the spreadsheet so I can adjust it on the go, I just haven't in weeks. I'm not actually looking at selling the coin itself, but rather live on dividends. And that's completely realistic for me.