Rebase
is a token or a protocol that adjusts circulating supply automatically or periodically in response to price fluctuations.`
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If the coin is using the rebase technique, is there any reason why I would have to use a 3rd party app to update my coin count? In a telegram group, someone is saying to log into appendw.online which then asks for my wallet password which I'm very skeptical about.
The stock market as a whole is very unstable right now because of global instability. Consequently, there are certain fluctuations in cryptocurrencies. I have noticed this more than once, when one crisis or another occurs in the world. By the way, regarding cryptoindustry in general, here bitcointimesmedia.com/ you can read more about it and find out more about it. It helped me to understand it at first.
Don’t buy these they are scam buy normal cryto
Yup!!
Ok if rebase doesn't make profit then it should not make loss too. My coin is decreasing and now its 1500 from 101000 in my trust wallet. What is happening?
As per the actual theory it should not but in reality many rebase projects are getting failed and making severe losses for people because of many reasons
Oh my God. It all seems like a big scam, ultra cheap coins, rebase rules, etc.y coins have reduced to 500 now. Any idea how do we get back lost coins if we can?
Sadly, we can't get those coins back
And the only way to recover from losses is to sell when marketcap increased( which is not happening in case of many coins)
( the development team is gaining huge amount from heavy taxes on transactions and they are making profits there by.)
How can you know what coins are rebase projects?
We can refer their website for project whitepaper to get technical details or it may be mentioned in the about section in coinmarketcap
How do you calculate rebase loss? I had millions of coins in my wallet and now I have a little over one hundred
Amount you bought for - (No of coins you hold * current price)