0x project THOUGHTS AND WARNING !!

in #crypto7 years ago

0x project is a very promising and if you have participated in ICO you already have some gains, but since we are at the early stages of pretty much all of the crypto you still have plenty of time,

what is 0x ?

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0x is a protocol for a decentralized exchange on the ETH blockchain, it is a platform for a decentralized exchanges to be build on, right now there is a few decentralized exchanges a they use different smart contracts, different levels of optimization and they are sort of taking the liquidity from each other, there is a huge network effect around liquidity when everyone is using the same underline protocol and you can easy trade across different exchanges, so very exciting.

Great team, great vision, getting rid of all centralized points of failure is the end goal, very ambitious.

their website https://0xproject.com/
their whitepaper https://0xproject.com/pdfs/0x_white_paper.pdf

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=====>>>>NOW ABOUT THAT WARNING<========

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0x is still a buy with that price and I am buying however I want you to look at the this tweet

https://twitter.com/0xProject/status/897846465980248064

And if you scroll down to

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Link provided in the tweet is this link https://etherscan.io/address/0xfff1c781d5120b5c90faaf78d5180f371bdb1dfc#tokentxns

What does it mean

it means that on this address we can see all ETH and BTC address publicly, now on this link we see that one person or many from their own computer, also I read from someone that is possible to do it by yourself in pyton, either way him/her/they managed to make many accounts and got in into primary and secondary ICO for 0x , got about 5 mill 0x and send all of their tokens to the ETHERDELTA exchange to do what......my guess is to dump it.

As the price of 0x rises it will be hard to resist not to cash out,

So be careful and dont invest what you cant afford to lose,

thank you for reading and keep0n.steemin

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0xProject 0x tweeted @ 16 Aug 2017 - 15:44 UTC

Now that the $ZRX token sale has ended, back to bidnes 👩🏽‍🔧👨🏾‍🔧 0x OTC is LIVE on mainnet for your trading needs 0xproject.com/otc

Disclaimer: I am just a bot trying to be helpful.

@keep0n.steemin I recommend that you enter https://wcex.co/?ref=urq1g3D you will get 50 free WCX Tokens and 15% if you want to invest, this currency is now in the PRE-ICO stage and is the best time to invest!