Shill me on COLX

I need a reason to buy.

Muh worked on since 2012

my copy pasta

well think about verge except verge is a fucking scam coin that's been promising for months and months to deliver wraith and never did shit and ten magically added 2 billion overnight to their MC. I never thought xvg would break 300 sats but this market is irrational as hell. Another example- Electroneum. I've had massive stacks of both these coins and made a lot of money on them but that doesn't mean it was smart money. If you go back only a few months ago Sunerok did an interview were he talked about how they tip each other millions of xvg to each other as jokes and now those tips are worth...hundreds of thousands and the github is almost identical from that time.

Now I'm not saying "omg get in here fucking 10x moon mission $1 by March 17 3:49 PM screenshot this" because I'm not a retarded poo in the loo but i will point out why this coin can have a decent run-

1. Hype. People really are looking for the next xvg and just like pieces of shit like vertcoin, feathercoin,and groestl had insane runs a few months ago when asic resistance was the buzz word. Now the flavor of the month is privacy coins. People look at what happened to xvg and they want to speculate. What your seeing with the current growth is exactly that effect. Now just add some exchanges that aren't dumpsterfires in the middle of bumfuck idaho and people can really start trading this bad boy.

2. Staking. the people that pumped xvg are 90% retarded. Probably far too retarded to bother mining xvg and even if they could mine it the returns are pitiful. This coin is still cheap enough to pick up large stacks that can be easily split and turn over staking rewards regularly. That won't last forever if the price runs, but it's definitely attractive to your average buyer. If the price falls too much, then suddenly buying masternodes is incentivized and more coins are taken out of circulation

3. Low market cap and the coin burn- Coin burn is happening over new years (not sure exact date/time) and I think they'lll be burning roughly 20% of the 12 billion coins. This coin only hit under a 50 mil mc at 100 sats. That means it won't even break into the top 100 coins until at least 400 sats and this number is going to be even higher after a giant chunk of the supply gets destroyed. This is good for holders and investors

4. Milestones- has a decent roadmap. Will be dropping a whtie paper and starting and advertising campaign as well as committing some more developments to the github. All of which add to the hype train and possibly pump points for the price

5. Masternodes are incentivized not to sell because they are making a ton of money. ROI is to the point where if they can easily liquidate their returns they would not have to work any more.

Now i obviously own this coin or I wouldn't bother wasting this much time shilling it. I've got a relatively large portfolio that I made from purely investing in biz meme coins since June and I've been very blessed in the crypto space so as a favor I'll give you my honest opinion on colx- it's a diamond shitcoin. There's a lot of competition in the small cap privacy coin space so it has its work cut out for it as far as differentiating itself. Long term the devs will need to deliver but I've followed this project since it was cv2 still and so far I've seen them do a very good job. The fact the telegram added 1200 pajeets in the last week shows this bad boy is going to get a lot of action. Risky yes but risk/reward is still very good under 100 sats.

What about ECA though?

still mostly accurate today. worth noting the btc jump had no impact i saw on colx so we gained whatever percrntagr against fiat

Really should be in ECA over this thrice re branded shitcoin

i tried going to their website and my browser said they were trying to steal my passwords. nice try pajeet.

Hey, are you still in this thread? Do you know of any potential downsides with this coin?

It's not rebranded you retard. It's a new version (technology-wise) so they created a new coin and converted all Colossus V2 to ColossusXT.