Not at all. There’s far more ANT being sold than bought. And there’s a backlog of ANT for sale in the tens or hundreds of millions. When (if?) the network is fully functional and fast, that would change the dynamic, but there’s still >0% risk that that won’t be achieved.
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Because everything is a crypto casino now. A decade ago, that was not the case. I understand the point you are making and you are not incorrect, however, you cannot sell me Dogecoin, Fartcoin, etc, and reconcile that. It is inconceivable to any thinking person that we are where we are.
Sure it is. Those coins are in a different category. They’re jokes. Shitcoins. So they don’t need substance to have line go up. I wouldn’t put money into them but plenty of people for some reason would.
Autonomi has purpose, that’s what it trades on. So its token value is based on whether it delivers that purpose or not, and it hasn’t yet. It’s inching closer, but it’s not there yet, and it may fail to ever deliver on the purpose.
You might disagree, but does that clear up why goatse coin and grindr coin can have line go up while ANT is going down?
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Frankly, none of it makes sense anymore. MAID is an OG coin that helped proliferate the market for gays to twerk their way to meme fortunes, while a revolutionary tech remained cemented to irrelevance. It’s all just total insanity.
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Hmm maybe I don’t need to wait 2 years for 2c. It could already be next month
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I’ll put it like this: If Autonomi fails, it won’t surpass tokens with nothing more than a dog mascot. If Autonomi technically succeeds, it’ll rival ETH’s market cap, and maybe BTC’s.
And mere minutes after grindr coin is mentioned, grindrmax92 shows up. Coincidence?
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Even grindr coin’s price action is less gay than this here
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Tbh I’ve already said it in the discord, but the liquidity on DEX could easily be increased with liquidity providing rewards (autonomi foundation holds hundreds of millions for network incentives..). Response from the team was - no, they wont. Don’t expect the direction of the coin to reverse until the team actually gives a damn about the price or liquidity. Current liq is more typical of a sub 1M mcap coin.
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What’s that mean?
IMHO it would have been better to start the ANT price at $0.01 and let it grow organically from there, but that ship has sailed.
You can incentive liquidity providers on DEX like uniswap, for example using https://app.merkl.xyz/.
Currently it is not attractive to provide LP on usdc/ant because the fees earned (in total) are very low while the impermanent loss is extremely high. We only have 25k usd on buy side liquidity (almost nothing), every small scale sell is a massive price dump.
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Does more liquidity even matter when the majority of the price action is the obvious wash trading bot? (I don’t know much about trading)
The wash trading is only selling to itself, it doesn’t impact price. You can filter for the anything bigger than say 300 usd on dexscreener to see what the actual buys and sells are on uniswap, which are few in-between but they are the ones that move the price. Liquidity means orderbook depth on a regular exchange, or expressed differently, how much the price moves for a fixed sized buy or sell. So it matters a lot, the washtrading is only done so that the coin doesn’t look completely dead because it would only have like 1-2k usd real trading volume per day (probably also to not get delisted on cex). Liquidity matters a lot, no “whales” enter a coin where they can’t exit without dumping to zero, which is precisely what we have here with a smallscale whale like partiboi trying to exit his position since over a month. Imagine if one of the actual ant whales wanted to exit, thats basically impossible at this point without going to zero.
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Ok so then what’s the downside to increased rates being offered to liquidity providers? Higher trading fees or?
The network is ready functional and fast enough for many things. Not sure we need an ‘if’ there.
The technology is amazing and we shouldn’t forget that.
The doom and gloom in here is perpetuated by the same 2 or 3 people, but there is so much to be optimistic about.
I’ve followed my investment and this forum for 10 years and seen amazing highs based on pure fluff and excitement. I’ve also seen it dive down to pennies, with little sight of a working network on the horizon. Yet, it then bounced back, even on the announcement of the network launch.
There definitely seems to be aggressive selling, for whatever reason. Could just be folks sick of waiting, but they could have sold small amounts as MAID or EMAID long ago.
Or, it could be someone trying to shake the tree. Could be a competitor and/or manipulation to drive the market price down. Maybe they want cheap coins, maybe they want to pour doubt on the project, maybe squeeze the dev team as well.
Whatever it is, we have the technology. We have an amazing, loyal, community and a few new faces arriving/watching too. We have a bunch of apps under development, while the team is adding performance to the platform with LCN.
It’s easy to feel down about the price, but we’ve been through far bleaker times here. Now, at any time, some big news could trigger a huge bounce back. The low price also means pretty cheap storage for those wanting to actually use the network.
Loads to be excited about. Not worried at all about temporary prices.
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Team has to shell out some ant tokens, and they might be concerned about additional sell pressure by rewards, not sure. Rusty only said they already did rewards for IF, thats it.
It’s fast, I agree. It is absolutely VERY usable.
This thread is getting silly.
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So uploads complete reliably now? Any rough figures for the reliability, such as out of 100 different size uploads, what % complete first try?
come Tuesday if the PR for retry failed chunk goes in on time it should be 100% 
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The only issue I had recently, was setting my max gas price too high (the default), which caused an upload to fail repeatedly over several days.
Then I tried setting --max-fee-per-gas 40000000 and it went up first time.
The team have a fix for this in the works and maybe it will come out next week with the LCN stuff, but it’s definitely not a blocker, as soon as you know about it.
Maybe there are other gremlins, but I’ve done a bunch of uploading immutables, messing with mutables, etc, through AntTP and IMIM dev recently and not had any big issues. The worst was when my connection seemed to get swamped and things slowed down a bit… then recovered.
The last round of network updates (a month or two ago?) made a huge difference to upload reliability and download performance. It sounds like LCN is going to raise that bar on both fronts too.
So, long answer to a short question - uploads have been completely reliable for me, as long as I set my max gas correctly! 
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Anyone got tried and tested excuses to give their missus to buy more 
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