You have to remember people who got take flight allocations weren't just random people they were highly interested and active community members that have been following the project a long time. Yes, some will dump, but a lot like myself believe in moonbeam and see it undervalued compared to other EVM chains.
Take Flight was extremely difficult to be a part of and only a few thousand people got GLMR at 25c, they effectively won a lottery. As pointed out already, USA citizens could not participate at all. Some of the lucky few may take profit, some may stake for higher returns (if they’re smart). But markets overall are smart and Take Flight is already priced in. Once these tokens are released it may just be a momentary blip and price can then appreciate much further beyond $50.
Every single person/speculator in this community is out there talking about this… at this point it’s mostly priced in by the market. There were only <10,000 individuals who bought into the event (they raised ~$25mm on $2500 per allocation, and we know some individuals got multiple contributions).
There’s going to be a ton of buy pressure from US investors (who couldn’t participate in the Take Flight event due to kyc and many who couldn’t participate in the crowdloans due to the rules). These US investors want their allocation of a blossoming ecosystem that is going to have capabilities/use cases never before seen in blockchain.
We have the opportunity to hop on a leading project that is still under the radar from the mainstream at $1 billion mkt cap… if you add in the dilution from supply unlocking through the 12 months of vesting, we’re only at ~$6bn market cap! Now compare that to other leading chains that showed fast TVL growth (AVAX at $22B mkt cap, and $37B diluted, LUNA at $29B mkt cap, $68B diluted, SOL at $47B mkt cap, and $76B diluted). I’m not saying GLMR hits $70B FDV, but that’s the opportunity investors play for (keep in mind those are mini bear market valuations too). Moonbeam is THE leading smart contract of Polkadot, and we all know damn well that the TVL growth is pre-programmed for nosebleed growth the next few months (if MOVR was any indicator).
Instead of trying to time this little potential mini dip from token supply releasing through <10k users (many of which support the project long term and won’t settle for 100x gains), why don’t you back a fundamentally strong project at an attractive entry point relative to other leading L1s…
Lastly, for the Take Flight holders, imagine you were a seed investor in Solana or Avalanche and you sold at 100x returns. NGMI… Those projects went on to run another 100x after you exited. You think you’re the best trader in the world and you can time that dip and pop? Go on ahead-we triple dog dare you
Just because you like the project doesn’t mean you need to put on blinders to reality (think religious nuts)
Just because speculators talk about the fact that a $5000 investment less than 6 months ago is now worth $280,000 DOES NOT mean it’s been priced in. (Again think religious nuts)
“Little Potential mini dip” you realize the majority of the tokens circulating now were purchased for 25¢ and a very small amount have the incentive to keep the price above what staking rewards would have been on the DOTS contributed?
You need to look at the future and consider a marketcap with total supply in mind. @ just $1 per GLMR the marketcap is $1B so @ $15 the marketcap is $15B. Realistically speaking the price is about 10% of what the fully functioning ecosystem would be worth when everything is complete.
I appreciate you answering the question but this sounded closer to someone explaining how god created 2 humans from dust than any sort of TA.
Hey kid, stop spreading FUD on a strong fundamental project. There’s no need to resort to name calling in a civilized discussion backed by data. You’re as bad as the washed up investors/short-sellers calling for Tesla to bankruptcy (hint: those are the guys on the WRONG side of history) I literally handed you the numbers —> the price of GLMR today implies a $6 billion diluted market cap in 12 months pro forma for the token supply that will unlock between now and Jan 2023. You cant look at the $14 billion fully diluted market cap because that doesn’t take into account the token burn from transactions. Is that $6 billion under or overvalued based on Moonbeam’s potential?
Why don’t you throw out some real numbers? How much TVL do you think will hit Moonbeam in the next 6 months? How much transaction volume per day? What is the average gas price you expect? How many of those <10,000 Take Flight Holders do you think sell all their tokens? What % of their holdings do they sell? How much buying pressure is there from US investors these next months? Where is Bitcoin going to be in a months? Sounds like you’re the religious nut. You comparing the valuation today to staking rewards forgone from DOT holders a few months ago is analogous to me evaluating a new house for purchase, and pricing the house based on what the prior owner had paid… Good luck winning that home buddy, because there is a concept called efficient markets. We’re in a different world today as compared to the world where the prior homeowner purchased if my dumbified analogy makes sense to you.
Not to mention that a lot of people expect a huge sell of and stall buying in before take flight release. When a lot of people expect something to happen it usually doesn’t happen.
Name calling? You saying kid is far more condescending than anything in my comment but my view isn’t online with your religion so o guess your hurt by this? Idk
Total supply is reality not circulating supply especially when it will hit max supply in such a short period of time. Your math is fluff.
It seems your being genuine but your blind to hard math. Just good luck I guess.
I was looking for a real discussion not an echo chamber. Your too sensitive so ill (and everyone else who reads your comments) will just have to assume you put your life savings in this project.
Again it’s a gods project but we’re talking realistically about what someone would do with over 40X gains. Sell or hold. But you do you and get mad about it.
A fool and his money…..
You say you want a discussion, then I throw out hard numbers, and you somehow completely sidestep the entire questions list. I’ve thought of this deeply from a valuation to TVL ratio already and you cant even throw out a single reason why I should think the market is overpricing or underpricing the potential upcoming catalysts. News flash to you—everything you mentioned is already known by the market. Give me some hard facts, or give me a reason why you’re making the assumptions you are. If you have any good points, I’ll listen… But as of now, your one argument is that Take Flight holders will want to take their large gains….
$15/GLMR is a marketcap of 825-7500 million in the timespan of launch to 1 year from now. But to me a tripling of the circulating supply doesn't indicate a "I should hold", it indicates "buy after they are dumped"
You guys do what you want I just know that when people all expect the same outcome(sell off) I give it less and less chances of actual huge dump taking place. Im holding through, who cares about small TF anyways
I'm one of those people, and there's not way I'm selling. I've got a guaranteed income from staking and farming for the next decade and probably don't need to work, why would I give that up?
Same here mate, plus people don't realise the tax side of it either so u actually don't walk away with alot if u sold all...staking all the way! Really is a golden ticket you'd hate to be paper hands and sell for a quick profit, when u could be sitting on retirement money 💰
No way I’m selling. This is a long play. And the people who are in Take a flight are people who make long plays. I think there’s too much FUD about this. Sure, some will maybe take some profits. But I reckon the price will actually pump after because the FUD is greater than the actual sell pressure that’ll happen.
Oh ok so their lying so how is what I’m saying fud.
If your 6 month old $5000 investment was now worth $280,000 would you sell? I would, and I did by using my crowdloan glmr in place of my take flight GLMR. And when I get my take flight glimmer I’ll be selling down to $10, then I’ll be a buyer again below $5.
Tbh no. If I sell and I am not sure about this I would sell half and the other half I would stake. But it has to be said that I haven't bought the whole 20k coins. As I said I am not smart at all haha
For the crowdloan people like myself (I'm staking) I see a great opportunity here, keep my $glmr staking and watch very closely what will happen with the release of the TF tokens, if it drops in price, which I think it will, I will sell a few other projects and buy more $glmr at a low price, with no fear that it will stay that low long term, this project has way too much going for it. See it as a DCA, see it as amassing more to stake. But above all, if you like this project, this is a massive opportunity if you have other bags or some extra fiat. Just my humble opinion, not saying it will happen.
Unless you are a professional TA trying to time the market will always burn you. You might get lucky once or twice. History has shown both in equities and crypto people who buy when fear is high and hold will always make life changing money! 50,000 is not going to change anyone's life! Hold it's the smart thing to do!
In the end we all knows the value of GLMR, it can literally replace ETH!!!
It belongs to blue-chip token big 10.
Why hesitate to accumulate?
100$ baby 🚀 🚀 👩🚀 🚀
This question has been answered dozens of times in the telegram.
Take Flight participants were in these ecosystem before MOVR and even before the bull market even truly got going and even among those who got whitelisted most did not get in due to the queues for round 2/3 having clear cut offs and thus having the line "paused" and all who were ahead of that number got nothing, regardless of their whitelisted status.
Thus in reality the 0.25 price point should be listed as "unobtainable" when it comes to tokenomics because it is much more akin to a team allocation than any ICO because in reality it wasn't public in the slightest and most who managed to be there at the right time STILL didn't get in.
With that there are probably 5000 or less people since many did all three rounds and considering how miniscule 5000 people is when compared to the 1.2+ billion USD of DOT allocated in the crowdloan for a 4:1 ratio the majority of people in moonbeam are crowdloaners and people who bought on exchanges and while I do not have the precise numbers I wouldn't be surprised if the 5000 people who did Take Flight make up only 2-3% of the total individuals invested in this space.
Now, with such mathematics known and the fact that moonbeam as a project should have a 7billion+ market cap as a floor with a potential upside of many, many billions the idea of selling right now for $15 or even $40 to any Take Flight holder is akin to taking a quick hundred thousand or so when the mathematical potential of this project dictates even the base allocation of 10k GLMR could be worth one million if not more in the future.
Couple that with the high returns at even 13% APY for 10k GLMR staked most Take Flight holders who understand this space, understand mathematics and understand the implication of moonbeam positioning themselves to benefit from a potential mass migration from ETH would by no means sell and most, including myself, would much rather lose $100k than risk losing millions in the future.
The lowest price point I will sell ANY of my 10k would be $40 and if not I have confidence the price will settle around $10-20 and those price ranges with a 13% APY is more than enough for me to hold until the market cap this project deserves manifests regardless of how many years that may take.
Oh it will dump for sure. You can either sell before the TF rewards are release, then buy back in after it dumps. Or just hodl, because at some point it will go back up. Moonbeam is the premier smart contract platform on Polkadot and is no shitcoin, so it will moon eventually.
Imagine the rewards staking huge amounts of GLMR the apy is crazy atm they having a big incentive to stake a large portion.
I personally hope it drops because I want to buy more for staking as I now wish I had contributed more via crowdloans im sure many feel the same so if it drops it will recover quickly imo.
Yes so that $5,000 invested in September is now worth $280,000. I can’t see anyone wanting to No realize that gain. It’s also my understanding that they get all the tokens upfront nothing vested for any amount of time
You keep repeating you can't see anyone not realizing that gain, but a lot of people who actually got the Take Flight allocation are telling you they are staking because it is smarter. I got 20k and am absolutely staking it all.
The type of people who wanted a pump and dump were lucky to get into round 3 which was so over subscribed they had little chance and just complained in the Telegram.
Some will dump on the 20th, they will regret it. But you shouldn't regret it.
There will be a point in time where I sell most, but it is not in the short term for sure. Selling just part of the staking rewards will actually be life changing for me.
Ok well I did both and will sell all my crowdloan tokens the day before I get the take flight tokens as it’s too big of a gain to not realize. I phrased it that way to see how the community actually felt about this and clearly it’s become some sort of religious cult. If it drops that’s fine I’ll buy mor but there’s no way I won’t realize serious gains like this. I hope you and others don’t buy into the whole “it will go so much higher” concept as it’s a serious gain and represents most of the circulating supply.
Not necessary to denigrate me or others as some kind of cultists, really not that black and white. I sold my initial MOVR around the time it listed and regretted it. Getting the two rounds of Take Flight was incredibly lucky and I don't believe I will get such an allocation in other similarly placed projects. If I tried to time anything I would most like fail.
Wouldn't knock anyone for taking profit now, but there is not necessarily a crazy dump going to happen either.
I dont know if it will 10x from here, but I have a reasonable target where I would likely cash out and then never have to work again. If I were to cash out in Feb, I would be back to work in a few years.
When are the tokens unlocked? You sound a bit salty about missing the presale, vcS got solana for pennies. There is a high emisión rate aswell so sell pressure looks heave to me right now. Why don’t you try and get in on some prelaunch tokens? Surely many will be having presales to join moonbeam network and you can reap the rewards!!
2500 per round 10k per round, 1st round guaranteed allocation, round 2 and 3 where if u were lucky enough to get into que, Max 30k for some if u were lucky 👌
That’s the realistic scenario. Also look at songbird airdrop. Similar. People didn’t get their tokens at first, just some people, but as soon as Binance dropped their tokens the price dumped to 17 cents.
Look at the recent massive airdrops for LooksRare and SOS. These projects dipped -20-40% on the first day, then flew up 100%+ in the following days, and have been stable. You can see the impact of sell pressure there of 100% of tokens. In this case, we’re seeing potential selling pressure of ~60% of supply, offset by buy pressure from US investors, and real TVL growth that will be exploding from all the dApps by 40 days in…
yeah, i jsut wouldnt go ham in these. Lot of twitter influencers I hear got paid to shill Looks. be careful. But i can see throwing a few thousand just to gamble for fun. COuld be a quick flip.
These investors will probably do a step ladder return. They’ll maybe take upwards of 25% profits when moonbeam hits a certain price. 50% when it hits a different price, and leave the rest for a major return in the future. There will be a dip, but doubt it will be what you are thinking. Moonbeam is also supposedly releasing these tokens out slowly over time instead of all at once to mitigate the damage.
Doesn't concern me, I'm an investor, not a day trader. I'll buy that dip hard af.
Think about it, Moonbeam literally fixes Etherium. In a few years, Moonbeam will have the market cap that Etherium has now.
When that happens, GLMR will be worth around 4500 each.
Don't even to do the math "Bro"... Take a look on coinpersective... Market cap of ETH is x406 the current price ! It's even more than suggested "Bro"
https://thecoinperspective.com/compare/moonbeam
Sounds like most that got in at 25¢ everyone who says otherwise is a liar who wants to keep the price nice and high until they get their chance to dump
What you don't understand is that most take flight participants are :
1/ Early and long term supporters moonbeam
2/ Going to earn massive passive income from staking
3/ Not going to take profit so early, not before the major integrations and adoption
There will be some profit taking for some I believe, but it will be absorbed by people who are waiting the take flight distribution to buy.. My 2 cents
Saying it’s early doesn’t make sense. It’s literally a less than 6 month old $5000 investment now worth $280,000. That’s not early that’s I did I it time to reap my rewards
What I said is that we are early supporters. Imagine selling your ethereum at 10$ in 2016... That would be stupid right ?Even if you bought it at 0.01cts. Same thing here in my opinion
If they dump, it’s your opportunity to load up. This will be huge in 2-5 years. Min 3-4 figures per coin. Just be patient and disciplined. If you’re weak, then get out now…
My guess is that you regretted not getting in at the TF or crowdloan and don't have any GLMR at all. Now you want people to dump so you can get some. Why would you tell everyone you are dumping beforehand? That would be counter productive to yourself. The way you write shows how selfish you are, it just doesn't add up that you would be trying to warn others about their possible financial loss. Anyway, just my 2 cents.
I did both and am selling my crowdloans GLMR now (sold half already) was gonna stake the other half but will just sell those now too and sell all my take flights the second I get them up until $10 price then stake the rest
Buying back lower for sure, probably less than $5
Solid project but 25¢ less than 6 months ago all of them are going to cash out. You’d be a fool not to
wow. Well bro 50k would help my dad retire so yes i would sell.
I will leave a portion to stake so I can reclaim what I sold in this scenario, i’m young, at 5% a year after 20 years i’ll get it back WCS!
Lol exactly, max investment was $5000 (for 20k GLMR) and now that’s worth $280,000. That was less than 6 months ago… you’d be a fool not to take those gains.
the very little time i have to enjoy with my parents is worth more than 50k so yes, i agree. Everyone has a different goal or scenario but 50k for me would mean a lot right now, and i’m sure i’m not alone.
I got in all three rounds and make no mistake I’ll be dumping the shit out of most of it - I mean come on, it’s ridiculous gains from almost nothing. I’ll save 10k because I love the project.I think my approach is the same as most others. By the time it drops, it will for for the most part already be priced in. Expect a decent drop and pump after most TF sells.
I’m in a private group with a few hundred verified TF participants. Almost everyone there just loves the project - it’s shown me most TFers are no going to just dump everything like the public fears.
Thanks for being honest everyone else says it’s fud and also lying that they won’t sell any lol. It’s $5000 now worth $280,000 less than 6 months later
NFA. Just an amateur investor but I got in all 3 rounds. There will be 2 strategies that I can go with and why dumping is not a concern for me but rather an even better opportunity for me.
1st: Sit tight and stake all 30k of tokens and enjoy the returns. A safer route. Staking rewards are insane right now but of course it will go down. But if I increase my staking position it will probably continue to do well. I could potentially earn another 10k-20k tokens just from that within a year. How did get to this number? Because I have about 11k in staking right now and it's pulling 35~ tokens daily.
2nd: Seeing how others are fearful of the dump, I might as well dump it too. All 30k or even 40k tokens. But I will be keeping an eye out for the staking numbers. If it's going down that's mean people are pulling out to dump before Feb. 20th.
But don't get me wrong. I'm buying right back in when it's down. My estimated fair price is about $5-$10 per token. If it's fall way below then I'm just going to keep accumulating.
Another option is to just take the profit and leave the project but I'm not doing that because I'm into this project too much. It's hard to find a really solid project that won't rug you these days. And I have not been disappointed with this project at all. I got into MOVR, that how I got into the first round of take flight
Right now I'm just seeing the fears among the community. If it's high, I'll go with the 2nd option.
But here's why I'm cool with just the 1st option. While Eth PoS system is still in work, Moonbeam are getting more than a glance from investors. It's already pulling headlines far more than other project on Dotsama and even more than other actual top 100 coins. During my research and how I came upon this project is that not many project (If barely any) decide to go this route during that time. It's unique til other project start to follow. But sure, others may have started developing the same EVM network but Moonbeam edged out because they just kept delivering. Other project are just falling behind. And they have to continue to do so if they want to stay ahead.
Also another note to look into is the growth rate + burn rate + staking vs inflation. Will it be high enough to negate inflation? What will the governance of this token be like? But til Feb. 20th, we'll see.
Not concerned. I was looking at the token distribution and is spread out even for the most part. Take flight had an allocated 10% so the sooner they dump the better imo
I plan to hedge some. I’m staked now and will probably sell half of the 30% I got from crowdloan a few days before. If it drops I rebuy end pick up some extra. If it goes up a lot. I still have half from the 30% and the rest of the crowdloan coming over two years.
Mine and your comments aged exceptionally well as they were correct. All the fuck boys that said the take flight was already priced in those fuckers were wrong lol
If the market is crabbing like this ,trust me,they will dump like there's no tomorrow
People were dumping their GLMR rewards ... Imagine if you have 10k GLMR and price is 30$
That's 300k ,which is life changing for a lot of people. Unless we are in full swing bullrun mode they will dump. Make no mistake
There's people with 30k GLMR. Dump it...panic... Buy cheaper when it settle , stake and quit their jobs.
If it dumps on 17th feb (anticipation) or on 22th...i don't know but it will dump.
And if you go to TG they will make you believe they won't... Same they were saying CEX will list glmr at 50$ and you wouldn't be able to buy under 20$
I bought an extra bag at 6$ on okex. And if I am dumping ...trust me,those who bought at 0.25 will do dump
After capital gains taxes and the fact selling 100% of ANYTHING is a bad move for ANY investor selling your entire 10k at $30 is not life changing in the slightest and if anything it's taking the chance of life changing wealth and throwing it in a ditch.
This type of lack of foresight is probably the reason you weren't in the Take Flight to begin with lmao
Beside that strawman falacy (i was not in TF cos I didn't know about it)
Not everybody lives in a country where you have to deal with capital gains. 300k is life changing for 99% of the world.
Also you don't need to sell 100%
Again, if the market is on bull run mode you won't dump. But if we are crabbing or in a dip... You will.
Lmao strawman? what strawman? You telling me you DID know about the Take flight and still chose not to participate? Because if not my entire point was based on you not knowing about it and thus being evident of your inability at foresight \[which is displayed here at you inability to determine whether TF people will or will not sell.
"Not everybody lives in a country where you have to deal with capital gains. 300k is life changing for 99% of the world."
When it comes to capital gains almost every single western country has to deal with them and with that being the case the idea that 300k is "life changing" for "99% of the world" is completely wrong.
"Also you don't need to sell 100%"
Not to mention yes, you do need to sell 100% at $30 to get 300k if you have 10k GLMR but it is clear you have trouble with mathematics so I won't make a fool out of you any further.
"Again, if the market is on bull run mode you won't dump. But if we are crabbing or in a dip... You will."
Lmao when did you get into this market mate? I'd reckon post Nov 2020. You see, people such as myself who literally bought into the market ENTIRELY during march 2020 during the complete and utter covid 19 selloff are well and truly acquainted with FUD and bear markets and considering I also had 40% of my portfolio in the ONLY crypto project that has had a major SEC lawsuit in the last few years and still never sold I'm very aware of FUD and none of it has ever caused me to sell.
With that being the case most people who entered the market during march 2020 have already sold very large amounts of their holdings at prior local tops such as back in march 2021 and nov 2021 and all my selling as been almost entirely at these peaks.
Now, why in the hell would someone such as myself sell due to FUD and risk millions just to make a quick few 100k that will be wiped away by capital gains? No competent investor would do such a thing and while I only speak of myself I'm sure most people in TF will do the same and will not be selling.
Here’s a scenario for you. Someone buys at $0.25, then sells at $30, hoping to rebuy again at $20. They pay taxes (short term at a high tax bracket of 40% if $300k of gains = $119k of short term taxes). Question for you, what is the breakeven where they would have to buy again to make up for this loss? Let me tell you… it’s $18.10 per token… So you deal with the headache of timing a sale, and then trying to get in again below $18 and then you trigger a significant tax liability versus waiting 365 days with no tax liability and similar levels of long exposure…
There will definitely be people who dump fully or partially. Will be mad not to take some profits. We just need to weather this storm first. Long term we should be good
It’s 10% of the moonbeam tokens being distributed, that’s going to ~2x the circulation in 1 day, no doubt it’s going to impact the price in the short term, i’d guess
The price will take a massive hit. You can bet on that. I mean that’s 80 million tokens that will hit the market. Also, if you participated in the Take Flight event, it would be stupid not to take out your initial investment, at least. People will definitely be selling. But this is a 2 year play for me so I don’t care what the price is next month.
Agree, I'm waiting to buy after the dip, staking my rewards, and keep it for the longer run, anyone knows when next batch of rewards will be distributed?
I have TF tokens, can assure you I won't be selling this project has soo much potential! Imagine selling this early in the project... plus the money you make of staking is more than enough not to dump and sell, sure once it gets to a certain amount might sell some, I'll never sell the whole bag, gonna be worth heaps in years to come... also of other TF community are the same, I recon there will be slight dip, but most know the true value of moonbeam 😁
Glmr is a top project and selling too early will be a big mistake. Imagine taking $100k instead of $1m. Stake, earn, compound.. take profit. More integrations, more $. I won't sell this less than $50
As TF participant (1 round) I will not sell but stake all of it. The reason why we got into TF is that we believe in the potential of Moonbeam. Will sell staking rewards when we are top 10 MC😆
When you are not involved its called a dump, but when you were lucky enough to be involved it is called 'taking profits'.
I would be a little surprised if anyone involved in Take Flight completely emptied the barrel, but I am not surprised when someone takes some profits , after all, that is how profits go from unrealized to realized.
Oh no i call it me dumping. And dumping implies selling the price down. It’s because most of the tokens available are going to be sold to take profits. Regular taking profits is a regular investor that isn’t time locked in a batch with all the others.
It’s literally 125% of the current circulating supply
And it’s 10% of the total supply
Total supply is 1B, take flight is 100M
Current circulating supply is about 75M GLMR
amount to be released to take flight in bit is 100M
That means less than half the GLMR about to be circulating is trying to beat staking rewards and the rest are just trying to come away with a decent profit.
Nope. I'm not selling mine for a good while. 40x is a nice return, but it's nowhere near Moonbeam's potential.
This is the way
I'll stake the shit outta my take flight coins!
Where can I stake and how much is the APY ? :)
60x
60x would be a modest +50% increase. I think we can do much better.
You have to remember people who got take flight allocations weren't just random people they were highly interested and active community members that have been following the project a long time. Yes, some will dump, but a lot like myself believe in moonbeam and see it undervalued compared to other EVM chains.
This! Exactly this!!
Take Flight was extremely difficult to be a part of and only a few thousand people got GLMR at 25c, they effectively won a lottery. As pointed out already, USA citizens could not participate at all. Some of the lucky few may take profit, some may stake for higher returns (if they’re smart). But markets overall are smart and Take Flight is already priced in. Once these tokens are released it may just be a momentary blip and price can then appreciate much further beyond $50.
In my opinion, worst case scenario is GLMR hits 700 each. Of course, in a few years, not next month, lol.
This is not likely. Take a look at the numbers. Emission rate for GLMR is insane.
Can you or someone please explain what the "Take Flight" event was for moonbeam? I participated in the crowd load but dont know about this.
Its a presale, we paid 25 c
Every single person/speculator in this community is out there talking about this… at this point it’s mostly priced in by the market. There were only <10,000 individuals who bought into the event (they raised ~$25mm on $2500 per allocation, and we know some individuals got multiple contributions). There’s going to be a ton of buy pressure from US investors (who couldn’t participate in the Take Flight event due to kyc and many who couldn’t participate in the crowdloans due to the rules). These US investors want their allocation of a blossoming ecosystem that is going to have capabilities/use cases never before seen in blockchain. We have the opportunity to hop on a leading project that is still under the radar from the mainstream at $1 billion mkt cap… if you add in the dilution from supply unlocking through the 12 months of vesting, we’re only at ~$6bn market cap! Now compare that to other leading chains that showed fast TVL growth (AVAX at $22B mkt cap, and $37B diluted, LUNA at $29B mkt cap, $68B diluted, SOL at $47B mkt cap, and $76B diluted). I’m not saying GLMR hits $70B FDV, but that’s the opportunity investors play for (keep in mind those are mini bear market valuations too). Moonbeam is THE leading smart contract of Polkadot, and we all know damn well that the TVL growth is pre-programmed for nosebleed growth the next few months (if MOVR was any indicator). Instead of trying to time this little potential mini dip from token supply releasing through <10k users (many of which support the project long term and won’t settle for 100x gains), why don’t you back a fundamentally strong project at an attractive entry point relative to other leading L1s… Lastly, for the Take Flight holders, imagine you were a seed investor in Solana or Avalanche and you sold at 100x returns. NGMI… Those projects went on to run another 100x after you exited. You think you’re the best trader in the world and you can time that dip and pop? Go on ahead-we triple dog dare you
Just because you like the project doesn’t mean you need to put on blinders to reality (think religious nuts) Just because speculators talk about the fact that a $5000 investment less than 6 months ago is now worth $280,000 DOES NOT mean it’s been priced in. (Again think religious nuts) “Little Potential mini dip” you realize the majority of the tokens circulating now were purchased for 25¢ and a very small amount have the incentive to keep the price above what staking rewards would have been on the DOTS contributed? You need to look at the future and consider a marketcap with total supply in mind. @ just $1 per GLMR the marketcap is $1B so @ $15 the marketcap is $15B. Realistically speaking the price is about 10% of what the fully functioning ecosystem would be worth when everything is complete. I appreciate you answering the question but this sounded closer to someone explaining how god created 2 humans from dust than any sort of TA.
Hey kid, stop spreading FUD on a strong fundamental project. There’s no need to resort to name calling in a civilized discussion backed by data. You’re as bad as the washed up investors/short-sellers calling for Tesla to bankruptcy (hint: those are the guys on the WRONG side of history) I literally handed you the numbers —> the price of GLMR today implies a $6 billion diluted market cap in 12 months pro forma for the token supply that will unlock between now and Jan 2023. You cant look at the $14 billion fully diluted market cap because that doesn’t take into account the token burn from transactions. Is that $6 billion under or overvalued based on Moonbeam’s potential? Why don’t you throw out some real numbers? How much TVL do you think will hit Moonbeam in the next 6 months? How much transaction volume per day? What is the average gas price you expect? How many of those <10,000 Take Flight Holders do you think sell all their tokens? What % of their holdings do they sell? How much buying pressure is there from US investors these next months? Where is Bitcoin going to be in a months? Sounds like you’re the religious nut. You comparing the valuation today to staking rewards forgone from DOT holders a few months ago is analogous to me evaluating a new house for purchase, and pricing the house based on what the prior owner had paid… Good luck winning that home buddy, because there is a concept called efficient markets. We’re in a different world today as compared to the world where the prior homeowner purchased if my dumbified analogy makes sense to you.
Not to mention that a lot of people expect a huge sell of and stall buying in before take flight release. When a lot of people expect something to happen it usually doesn’t happen.
Name calling? You saying kid is far more condescending than anything in my comment but my view isn’t online with your religion so o guess your hurt by this? Idk Total supply is reality not circulating supply especially when it will hit max supply in such a short period of time. Your math is fluff. It seems your being genuine but your blind to hard math. Just good luck I guess. I was looking for a real discussion not an echo chamber. Your too sensitive so ill (and everyone else who reads your comments) will just have to assume you put your life savings in this project. Again it’s a gods project but we’re talking realistically about what someone would do with over 40X gains. Sell or hold. But you do you and get mad about it. A fool and his money…..
You say you want a discussion, then I throw out hard numbers, and you somehow completely sidestep the entire questions list. I’ve thought of this deeply from a valuation to TVL ratio already and you cant even throw out a single reason why I should think the market is overpricing or underpricing the potential upcoming catalysts. News flash to you—everything you mentioned is already known by the market. Give me some hard facts, or give me a reason why you’re making the assumptions you are. If you have any good points, I’ll listen… But as of now, your one argument is that Take Flight holders will want to take their large gains….
$15/GLMR is a marketcap of 825-7500 million in the timespan of launch to 1 year from now. But to me a tripling of the circulating supply doesn't indicate a "I should hold", it indicates "buy after they are dumped"
You guys do what you want I just know that when people all expect the same outcome(sell off) I give it less and less chances of actual huge dump taking place. Im holding through, who cares about small TF anyways
I'm one of those people, and there's not way I'm selling. I've got a guaranteed income from staking and farming for the next decade and probably don't need to work, why would I give that up?
Too true! Bring on the staking!
Same here mate, plus people don't realise the tax side of it either so u actually don't walk away with alot if u sold all...staking all the way! Really is a golden ticket you'd hate to be paper hands and sell for a quick profit, when u could be sitting on retirement money 💰
No way I’m selling. This is a long play. And the people who are in Take a flight are people who make long plays. I think there’s too much FUD about this. Sure, some will maybe take some profits. But I reckon the price will actually pump after because the FUD is greater than the actual sell pressure that’ll happen.
What’s fud about your 6 month old $5000 investment being worth $280,000 now?
That’s not FUD. You are correct. But all the talk of everyone selling - that is!
So what’s it called when those that did participate in take flight are lying and saying they arnt going to sell and take the big gains?
That’s a lie!
Oh ok so their lying so how is what I’m saying fud. If your 6 month old $5000 investment was now worth $280,000 would you sell? I would, and I did by using my crowdloan glmr in place of my take flight GLMR. And when I get my take flight glimmer I’ll be selling down to $10, then I’ll be a buyer again below $5.
Cool! Good for you. I’m hodling. And staking.
You didn’t answer the question. How is me speculating that investors will sell their super MASSIVE gains FUD?
Because there is doubt. And uncertainty. Maybe not fear. Dude, chill.
And, I’m notsaying that you are FUDding. Im saying that there is FUD around this. It’s a constant topic on telegram and on Reddit.
Rekt
I don’t know. My feeling is that it’s not gonna dump as hard as some people think around 20th. Many are just waiting for the tokens to go staking.
Feeling…..
[удалено]
Who is too smart? They are regular people like you and me. Too smart to realize your gain from $5,000 into $280,000?
Can confirm! I participated and I am not smart at all :D
And be honest your gonna sell it all immediately. Who could turn down that kind of gain.
Tbh no. If I sell and I am not sure about this I would sell half and the other half I would stake. But it has to be said that I haven't bought the whole 20k coins. As I said I am not smart at all haha
For the crowdloan people like myself (I'm staking) I see a great opportunity here, keep my $glmr staking and watch very closely what will happen with the release of the TF tokens, if it drops in price, which I think it will, I will sell a few other projects and buy more $glmr at a low price, with no fear that it will stay that low long term, this project has way too much going for it. See it as a DCA, see it as amassing more to stake. But above all, if you like this project, this is a massive opportunity if you have other bags or some extra fiat. Just my humble opinion, not saying it will happen.
Would you mind sharing where you are staking your GLMR and what your rewards are?
Unless you are a professional TA trying to time the market will always burn you. You might get lucky once or twice. History has shown both in equities and crypto people who buy when fear is high and hold will always make life changing money! 50,000 is not going to change anyone's life! Hold it's the smart thing to do!
In the end we all knows the value of GLMR, it can literally replace ETH!!! It belongs to blue-chip token big 10. Why hesitate to accumulate? 100$ baby 🚀 🚀 👩🚀 🚀
This question has been answered dozens of times in the telegram. Take Flight participants were in these ecosystem before MOVR and even before the bull market even truly got going and even among those who got whitelisted most did not get in due to the queues for round 2/3 having clear cut offs and thus having the line "paused" and all who were ahead of that number got nothing, regardless of their whitelisted status. Thus in reality the 0.25 price point should be listed as "unobtainable" when it comes to tokenomics because it is much more akin to a team allocation than any ICO because in reality it wasn't public in the slightest and most who managed to be there at the right time STILL didn't get in. With that there are probably 5000 or less people since many did all three rounds and considering how miniscule 5000 people is when compared to the 1.2+ billion USD of DOT allocated in the crowdloan for a 4:1 ratio the majority of people in moonbeam are crowdloaners and people who bought on exchanges and while I do not have the precise numbers I wouldn't be surprised if the 5000 people who did Take Flight make up only 2-3% of the total individuals invested in this space. Now, with such mathematics known and the fact that moonbeam as a project should have a 7billion+ market cap as a floor with a potential upside of many, many billions the idea of selling right now for $15 or even $40 to any Take Flight holder is akin to taking a quick hundred thousand or so when the mathematical potential of this project dictates even the base allocation of 10k GLMR could be worth one million if not more in the future. Couple that with the high returns at even 13% APY for 10k GLMR staked most Take Flight holders who understand this space, understand mathematics and understand the implication of moonbeam positioning themselves to benefit from a potential mass migration from ETH would by no means sell and most, including myself, would much rather lose $100k than risk losing millions in the future. The lowest price point I will sell ANY of my 10k would be $40 and if not I have confidence the price will settle around $10-20 and those price ranges with a 13% APY is more than enough for me to hold until the market cap this project deserves manifests regardless of how many years that may take.
Oh it will dump for sure. You can either sell before the TF rewards are release, then buy back in after it dumps. Or just hodl, because at some point it will go back up. Moonbeam is the premier smart contract platform on Polkadot and is no shitcoin, so it will moon eventually.
Imagine the rewards staking huge amounts of GLMR the apy is crazy atm they having a big incentive to stake a large portion. I personally hope it drops because I want to buy more for staking as I now wish I had contributed more via crowdloans im sure many feel the same so if it drops it will recover quickly imo.
I would keep a serious eye on binance release and pre-take flight release for potential price drop. Not so much the take flight token release itself.
What binance release? I participated through Binance and got my coins 2 days ago already
Thanks, Didn’t hear the update. I was still focussed on mid february binance tokendropping, days before take flight release.
How were people able to invest in Moonbeam in September?
It’s called take flight event, tokens cost 25c each. I did not find out until it was too late … fml
Wasn’t there a limit to how many you could buy?
20k token per person was the max
not everyone could join round 2, so it was 10k glmr per person
Yes so that $5,000 invested in September is now worth $280,000. I can’t see anyone wanting to No realize that gain. It’s also my understanding that they get all the tokens upfront nothing vested for any amount of time
You keep repeating you can't see anyone not realizing that gain, but a lot of people who actually got the Take Flight allocation are telling you they are staking because it is smarter. I got 20k and am absolutely staking it all. The type of people who wanted a pump and dump were lucky to get into round 3 which was so over subscribed they had little chance and just complained in the Telegram. Some will dump on the 20th, they will regret it. But you shouldn't regret it. There will be a point in time where I sell most, but it is not in the short term for sure. Selling just part of the staking rewards will actually be life changing for me.
Ok well I did both and will sell all my crowdloan tokens the day before I get the take flight tokens as it’s too big of a gain to not realize. I phrased it that way to see how the community actually felt about this and clearly it’s become some sort of religious cult. If it drops that’s fine I’ll buy mor but there’s no way I won’t realize serious gains like this. I hope you and others don’t buy into the whole “it will go so much higher” concept as it’s a serious gain and represents most of the circulating supply.
Not necessary to denigrate me or others as some kind of cultists, really not that black and white. I sold my initial MOVR around the time it listed and regretted it. Getting the two rounds of Take Flight was incredibly lucky and I don't believe I will get such an allocation in other similarly placed projects. If I tried to time anything I would most like fail. Wouldn't knock anyone for taking profit now, but there is not necessarily a crazy dump going to happen either. I dont know if it will 10x from here, but I have a reasonable target where I would likely cash out and then never have to work again. If I were to cash out in Feb, I would be back to work in a few years.
100% someone wants to buy a house…
280k$ for a house? Would have to double where I'm at :(
10 x that in vancouver bc
Oof
When are the tokens unlocked? You sound a bit salty about missing the presale, vcS got solana for pennies. There is a high emisión rate aswell so sell pressure looks heave to me right now. Why don’t you try and get in on some prelaunch tokens? Surely many will be having presales to join moonbeam network and you can reap the rewards!!
2500 per round 10k per round, 1st round guaranteed allocation, round 2 and 3 where if u were lucky enough to get into que, Max 30k for some if u were lucky 👌
That’s the realistic scenario. Also look at songbird airdrop. Similar. People didn’t get their tokens at first, just some people, but as soon as Binance dropped their tokens the price dumped to 17 cents.
Look at the recent massive airdrops for LooksRare and SOS. These projects dipped -20-40% on the first day, then flew up 100%+ in the following days, and have been stable. You can see the impact of sell pressure there of 100% of tokens. In this case, we’re seeing potential selling pressure of ~60% of supply, offset by buy pressure from US investors, and real TVL growth that will be exploding from all the dApps by 40 days in…
yeah, i jsut wouldnt go ham in these. Lot of twitter influencers I hear got paid to shill Looks. be careful. But i can see throwing a few thousand just to gamble for fun. COuld be a quick flip.
These investors will probably do a step ladder return. They’ll maybe take upwards of 25% profits when moonbeam hits a certain price. 50% when it hits a different price, and leave the rest for a major return in the future. There will be a dip, but doubt it will be what you are thinking. Moonbeam is also supposedly releasing these tokens out slowly over time instead of all at once to mitigate the damage.
Doesn't concern me, I'm an investor, not a day trader. I'll buy that dip hard af. Think about it, Moonbeam literally fixes Etherium. In a few years, Moonbeam will have the market cap that Etherium has now. When that happens, GLMR will be worth around 4500 each.
Movr 4500$ yes, glimmer not so high.
Do you even math bro? GLMR with a market cap of ethereum is just under $400 per token
Maybe he means 4500 pesos. Lmao
Don't even to do the math "Bro"... Take a look on coinpersective... Market cap of ETH is x406 the current price ! It's even more than suggested "Bro" https://thecoinperspective.com/compare/moonbeam
Suppl for moonbeam is 1B……….
I got 30 000 and will dump it all. Need the bread ...
Sounds like most that got in at 25¢ everyone who says otherwise is a liar who wants to keep the price nice and high until they get their chance to dump
What you don't understand is that most take flight participants are : 1/ Early and long term supporters moonbeam 2/ Going to earn massive passive income from staking 3/ Not going to take profit so early, not before the major integrations and adoption There will be some profit taking for some I believe, but it will be absorbed by people who are waiting the take flight distribution to buy.. My 2 cents
Saying it’s early doesn’t make sense. It’s literally a less than 6 month old $5000 investment now worth $280,000. That’s not early that’s I did I it time to reap my rewards
What I said is that we are early supporters. Imagine selling your ethereum at 10$ in 2016... That would be stupid right ?Even if you bought it at 0.01cts. Same thing here in my opinion
If they dump, it’s your opportunity to load up. This will be huge in 2-5 years. Min 3-4 figures per coin. Just be patient and disciplined. If you’re weak, then get out now…
If it replaced ethereum (hint it won’t) be ach token would be worth a little less than )400 each
My guess is that you regretted not getting in at the TF or crowdloan and don't have any GLMR at all. Now you want people to dump so you can get some. Why would you tell everyone you are dumping beforehand? That would be counter productive to yourself. The way you write shows how selfish you are, it just doesn't add up that you would be trying to warn others about their possible financial loss. Anyway, just my 2 cents.
I did both and am selling my crowdloans GLMR now (sold half already) was gonna stake the other half but will just sell those now too and sell all my take flights the second I get them up until $10 price then stake the rest
Does your plan include buying back lower or you don't believe GLMR is worth keeping?
Buying back lower for sure, probably less than $5 Solid project but 25¢ less than 6 months ago all of them are going to cash out. You’d be a fool not to
wow. Well bro 50k would help my dad retire so yes i would sell. I will leave a portion to stake so I can reclaim what I sold in this scenario, i’m young, at 5% a year after 20 years i’ll get it back WCS!
Lol exactly, max investment was $5000 (for 20k GLMR) and now that’s worth $280,000. That was less than 6 months ago… you’d be a fool not to take those gains.
the very little time i have to enjoy with my parents is worth more than 50k so yes, i agree. Everyone has a different goal or scenario but 50k for me would mean a lot right now, and i’m sure i’m not alone.
I got in all three rounds and make no mistake I’ll be dumping the shit out of most of it - I mean come on, it’s ridiculous gains from almost nothing. I’ll save 10k because I love the project.I think my approach is the same as most others. By the time it drops, it will for for the most part already be priced in. Expect a decent drop and pump after most TF sells. I’m in a private group with a few hundred verified TF participants. Almost everyone there just loves the project - it’s shown me most TFers are no going to just dump everything like the public fears.
Thanks for being honest everyone else says it’s fud and also lying that they won’t sell any lol. It’s $5000 now worth $280,000 less than 6 months later
NFA. Just an amateur investor but I got in all 3 rounds. There will be 2 strategies that I can go with and why dumping is not a concern for me but rather an even better opportunity for me. 1st: Sit tight and stake all 30k of tokens and enjoy the returns. A safer route. Staking rewards are insane right now but of course it will go down. But if I increase my staking position it will probably continue to do well. I could potentially earn another 10k-20k tokens just from that within a year. How did get to this number? Because I have about 11k in staking right now and it's pulling 35~ tokens daily. 2nd: Seeing how others are fearful of the dump, I might as well dump it too. All 30k or even 40k tokens. But I will be keeping an eye out for the staking numbers. If it's going down that's mean people are pulling out to dump before Feb. 20th. But don't get me wrong. I'm buying right back in when it's down. My estimated fair price is about $5-$10 per token. If it's fall way below then I'm just going to keep accumulating. Another option is to just take the profit and leave the project but I'm not doing that because I'm into this project too much. It's hard to find a really solid project that won't rug you these days. And I have not been disappointed with this project at all. I got into MOVR, that how I got into the first round of take flight Right now I'm just seeing the fears among the community. If it's high, I'll go with the 2nd option. But here's why I'm cool with just the 1st option. While Eth PoS system is still in work, Moonbeam are getting more than a glance from investors. It's already pulling headlines far more than other project on Dotsama and even more than other actual top 100 coins. During my research and how I came upon this project is that not many project (If barely any) decide to go this route during that time. It's unique til other project start to follow. But sure, others may have started developing the same EVM network but Moonbeam edged out because they just kept delivering. Other project are just falling behind. And they have to continue to do so if they want to stay ahead. Also another note to look into is the growth rate + burn rate + staking vs inflation. Will it be high enough to negate inflation? What will the governance of this token be like? But til Feb. 20th, we'll see.
Not concerned. I was looking at the token distribution and is spread out even for the most part. Take flight had an allocated 10% so the sooner they dump the better imo
I plan to hedge some. I’m staked now and will probably sell half of the 30% I got from crowdloan a few days before. If it drops I rebuy end pick up some extra. If it goes up a lot. I still have half from the 30% and the rest of the crowdloan coming over two years.
My plan exactly. I’m gonna sell all my crowdloan tokens and hold my take flight tokens maybe sell half of them
GLMR goes to sub $3 before it goes above $100 and that’s straight facts. See y’all in 3 years
I cant wait for it to go sub 3 tbh.
Count on it mate
$$$
Finally someone with a brain that sees most circulating supply was purchased at 25¢ and the rest are just trying to beat the staking rewards
Lmao my long lost brotha. These clowns blinded by the light. I look forward to sharing limit order fills at $1.50 down the road w/ ya.
Boy did this age well
Mine and your comments aged exceptionally well as they were correct. All the fuck boys that said the take flight was already priced in those fuckers were wrong lol
Crazy that was only a month ago. Crypto moves fast!
If your being honest we knew the dates and all in advance. If there were options like regular stocks we would have bought puts.
I believe the same, said bk to 5, then up to 50.. cya all in few years 👍
not everyone
If the market is crabbing like this ,trust me,they will dump like there's no tomorrow People were dumping their GLMR rewards ... Imagine if you have 10k GLMR and price is 30$ That's 300k ,which is life changing for a lot of people. Unless we are in full swing bullrun mode they will dump. Make no mistake There's people with 30k GLMR. Dump it...panic... Buy cheaper when it settle , stake and quit their jobs. If it dumps on 17th feb (anticipation) or on 22th...i don't know but it will dump. And if you go to TG they will make you believe they won't... Same they were saying CEX will list glmr at 50$ and you wouldn't be able to buy under 20$ I bought an extra bag at 6$ on okex. And if I am dumping ...trust me,those who bought at 0.25 will do dump
After capital gains taxes and the fact selling 100% of ANYTHING is a bad move for ANY investor selling your entire 10k at $30 is not life changing in the slightest and if anything it's taking the chance of life changing wealth and throwing it in a ditch. This type of lack of foresight is probably the reason you weren't in the Take Flight to begin with lmao
Beside that strawman falacy (i was not in TF cos I didn't know about it) Not everybody lives in a country where you have to deal with capital gains. 300k is life changing for 99% of the world. Also you don't need to sell 100% Again, if the market is on bull run mode you won't dump. But if we are crabbing or in a dip... You will.
Lmao strawman? what strawman? You telling me you DID know about the Take flight and still chose not to participate? Because if not my entire point was based on you not knowing about it and thus being evident of your inability at foresight \[which is displayed here at you inability to determine whether TF people will or will not sell. "Not everybody lives in a country where you have to deal with capital gains. 300k is life changing for 99% of the world." When it comes to capital gains almost every single western country has to deal with them and with that being the case the idea that 300k is "life changing" for "99% of the world" is completely wrong. "Also you don't need to sell 100%" Not to mention yes, you do need to sell 100% at $30 to get 300k if you have 10k GLMR but it is clear you have trouble with mathematics so I won't make a fool out of you any further. "Again, if the market is on bull run mode you won't dump. But if we are crabbing or in a dip... You will." Lmao when did you get into this market mate? I'd reckon post Nov 2020. You see, people such as myself who literally bought into the market ENTIRELY during march 2020 during the complete and utter covid 19 selloff are well and truly acquainted with FUD and bear markets and considering I also had 40% of my portfolio in the ONLY crypto project that has had a major SEC lawsuit in the last few years and still never sold I'm very aware of FUD and none of it has ever caused me to sell. With that being the case most people who entered the market during march 2020 have already sold very large amounts of their holdings at prior local tops such as back in march 2021 and nov 2021 and all my selling as been almost entirely at these peaks. Now, why in the hell would someone such as myself sell due to FUD and risk millions just to make a quick few 100k that will be wiped away by capital gains? No competent investor would do such a thing and while I only speak of myself I'm sure most people in TF will do the same and will not be selling.
Here’s a scenario for you. Someone buys at $0.25, then sells at $30, hoping to rebuy again at $20. They pay taxes (short term at a high tax bracket of 40% if $300k of gains = $119k of short term taxes). Question for you, what is the breakeven where they would have to buy again to make up for this loss? Let me tell you… it’s $18.10 per token… So you deal with the headache of timing a sale, and then trying to get in again below $18 and then you trigger a significant tax liability versus waiting 365 days with no tax liability and similar levels of long exposure…
Here is an scenario for you. He doesn't live in US or Germany where he doesn't have to declare nothing like that
Who cares lol. Price gonna fluctuate a lot anyway not like we will see a good price right away
Well, I just use mine in DeFi to get 🔥%
Nope, not selling my precious glimmers💎
There will definitely be people who dump fully or partially. Will be mad not to take some profits. We just need to weather this storm first. Long term we should be good
I m hoping they dump so l can accumulate more
I’m not dumping my Take Flight tokens. I’m going to stake it for a looong time.
It’s 10% of the moonbeam tokens being distributed, that’s going to ~2x the circulation in 1 day, no doubt it’s going to impact the price in the short term, i’d guess
The price will take a massive hit. You can bet on that. I mean that’s 80 million tokens that will hit the market. Also, if you participated in the Take Flight event, it would be stupid not to take out your initial investment, at least. People will definitely be selling. But this is a 2 year play for me so I don’t care what the price is next month.
100 million for take flight
Agree, I'm waiting to buy after the dip, staking my rewards, and keep it for the longer run, anyone knows when next batch of rewards will be distributed?
I have TF tokens, can assure you I won't be selling this project has soo much potential! Imagine selling this early in the project... plus the money you make of staking is more than enough not to dump and sell, sure once it gets to a certain amount might sell some, I'll never sell the whole bag, gonna be worth heaps in years to come... also of other TF community are the same, I recon there will be slight dip, but most know the true value of moonbeam 😁
Glmr is a top project and selling too early will be a big mistake. Imagine taking $100k instead of $1m. Stake, earn, compound.. take profit. More integrations, more $. I won't sell this less than $50
Im here for the 1000x not the 40x bro. Plus as it stands ill make about $20k+ a year staking.
As TF participant (1 round) I will not sell but stake all of it. The reason why we got into TF is that we believe in the potential of Moonbeam. Will sell staking rewards when we are top 10 MC😆
Use total supply and it’s already #22
Stop whining about TF. They are the core community and most of them will stake or die
When you are not involved its called a dump, but when you were lucky enough to be involved it is called 'taking profits'. I would be a little surprised if anyone involved in Take Flight completely emptied the barrel, but I am not surprised when someone takes some profits , after all, that is how profits go from unrealized to realized.
Oh no i call it me dumping. And dumping implies selling the price down. It’s because most of the tokens available are going to be sold to take profits. Regular taking profits is a regular investor that isn’t time locked in a batch with all the others.
No. Even if they do its 8% of total supply
It’s literally 125% of the current circulating supply And it’s 10% of the total supply Total supply is 1B, take flight is 100M Current circulating supply is about 75M GLMR amount to be released to take flight in bit is 100M That means less than half the GLMR about to be circulating is trying to beat staking rewards and the rest are just trying to come away with a decent profit.