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Future Coins Worth Half A Penny? No.

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I was about to be annoyed and impressed at the same time. Annoyed that my Future airdrop on two banned @drugwars accounts was worth $40, but also impressed that Future is valued that high. A cursory check of Future liquidity shows otherwise.

Future-Liquidity.png

The gap in liquidity is massive. Users are trying to sell for three times the asking buy price. GBytes are worth about $52 right now, which means the book has buy orders at 1/20th of a cent per Future token and sell orders at around 1/7th of a cent.

In the short time that I've been looking at these orders, two huge liquidity maker orders were posted:

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Okay... so one moment someone is trying to sell 3600 coins at the buy price and the next moment someone is trying to buy 4232 coins at the sell price. Seemed like trades that I couldn't pass up, so I tried to scoop them.

Future-Liquidity-maker-trades.png

Looks like I was able to sell the 4K coins but I was late on buying the cheap ones. My question is... how often does this happen a day? If I knew anything about OByte programming would I be able to set up a bot that just swaps these trades back and forth making 3x my money each round?

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Is it Futureshock that is directly creating this liquid free money?
Are they giving me another opportunity to exploit their floundering product with a bot?
:D

I've essentially already doubled my Byteball holdings by selling those 4000 coins. It's like getting another airdrop.

Conclusion

Byteball just got a little more interesting.

At the same time, anyone still spending Steem in game is making a big mistake. Future tokens already have a light discount built into the system, but Futureshock is way overvaluing them at the moment, meaning you can buy Future tokens for 1/7th of a cent and they will be valued at half a cent in game.

However, this might be a moot point considering I see no way to transfer Future tokens from ByteBall wallets to @drugwars accounts. Currently it seems that tokens only flow the other direction.

Stay informed.


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Future Coins Worth Half A Penny? No. was published on and last updated on 03 Apr 2019.