/biz/ - Business & Finance

Poor fag here
This might be the best move I make in 2020

>>20813182
Good. And it's not like it has no volume. It's goin wild

>>20813182
lol you're not alone. i bought 0.6

>>20813286
>46
I'm happy to hear this bro. Join the yfii tg sit back and relax. They're already releasing articles about it in the past minutes and there's officially 100m$ in the pool now

Nice I'm glad they forked yfi. It needed it

Here comes the pump.

>>20813311
link to the tg please sir

>>20813411
@yfiifinance

>>20813419
>those tweets
China #1, making all the retards salty

Im warning you. This is a scam. Nothing legit about this

>>20813625
100M in pools already. Dyor. Don't fall for the fud. I did that with Yfi and missed out :/

>>20813705
Same. I only ended up farming 0.1 yfi. Not missing this train

>>20813705
i bought a fraction of a YFI when it was 3k -- that was YESTERDAY
shit's nearly 5k now, i was going to try to get half a YFI while it was ~3k

>>20813625
I dont care I'll take my chances

Have any of you guys actually used their website? Or done any research at all? Or are you just falling into this trap because they copied the name of the project you missed out on?

This is a scam and you are gonna lose your money. Invest elsewhere, seriously

Want a x50 in a couple of days?

New coin. 250k cap. 5 CEXs applied for, coingecko applied for and technical whitepaper coming saturday.
https://triatics.eth.link/

https://app.uniswap.org/#/swap?outputCurrency=0xe74d6339890d6640ef12e6fbcaf7116f331d6d5d

>>20813900
60% fomo for me, 40% research
If I lose it all at least I swung for the fences

>>20813900
If you did your research you would know its not a scam.

discord link - not working
website - phishing warning

absolute state of /biz/

>>20814150
Gains - working
I'm in

>>20813102
What's up with the Uniswap pools? There are two of them YFII/ETH and YFIII/ETH?
Which one is the correct $ printer?

>>20813900
> metamask and balancer blacklisted the token due numerous spam reports (from YFI), which is why you get the message on the site
> they're already addressing that issue
> More than 100m already in pool
> >1000% APY
> fully decentralized
> 10m daily volume, 5m cap
How is this a scam?

>>20813102
>This project is in beta. Use at your own risk.

gluck with this.

>>20814192
YFIII is a scam. Only buy YFII from the offical uniswap - https://uniswap.info/token/0xa1d0e215a23d7030842fc67ce582a6afa3ccab83

Guys the name fooled me so I bought 1 but this is NOT a furry coin DO NOT BUY it

>>20813900
own 2 yfii, also pooled with a handful of eth which is on track to earn another .5 yfii this week. it's a legit fork, 98% similarity in the code (2% difference accounted for by the difference in token release).

also keep in mind: circulating supply caps at 40k not 60k, so it's that much more primed for a moonshot

blacklisted shit coin

>>20814246
>>20814334
Listen to these anons. Don't miss out on this /biz/

>>20814334
Only 5k circulating out of 40k atm

>>20814246
It’s a scam because they literally just made a token and own non of the functiona that yearn has to offer. If all you brainlets took some time to learn then you would never consider buying this shitcoin.

Yearn works because it creates yCRV which is the pool on curvefi. This YFII shitcoin also uses yCRV but here’s the catch. All the fees for using yCRV still go to the original YFI protocol. Meaning YFII has literally no value but is actually helping YFI by diluting it’s value through yield mining but still having the protocol level fees go to the original YFI holders.

The state of biz these days is ridiculous. This is just a bunch of people trying to cope with the fact that they missed YFI and buying some obscure shitcoin with no value in the hopes that it replicates what YFI has already done.

>>20814276
YFI website says the same thing btw

>>20813102
smart aon detected

>>20814380
8/10 fud, better luck next time

>>20814358
right. I'm just saying, cap is 40k to be distributed openly to the market - no predistro, no "developer pool" no bullshit.

20k "developer pool" got burned by the guy who forked this. true defi yield farming, fuck whales

>>20813625
checked

>>20814380
1000% wrong

fomo'd in half an eth, fuck it. If it's a scam it's a scam, I'll give it a shot. All crypto including bitcoin is a complete scam anyway and no serious adult uses defi, price action is all that matters

>>20814380
Literally who cares ? Its gonna go up so I'm gonna take my 3-5x

>>20814478
based

>>20814380
yfii has its own yield farming pools too. curv and balancer yield farming. balancer yield farming is >1000% rn.

this is a direct 'fuck you' to crypto whales.

>>20814509
Lol no it’s not bud. This is a direct scam by creating a valueless token to give people for supplying liquidity to their protocol. What gives YFI value? People using yCRV. This shit actually helps YFI by getting more people to use yCRV and giving them a worthless coin (YFII) without governing rights over yCRV or the profit shares of the YFI protocol. It’s pretty genius for YFI whales. Now they won’t get diluted through yield farming supply increases but can still provide and incentive in a worthless shitcoin to farm yield.

>>20814380
Buddy they are both scams, get over it. but i'm riding with the cheaper, chinkier version.

>>20814604
Of you think YFI is a scam then you have no idea how the protocol works.

>>20814631
I've been in crypto since 2013, seen coins come and go, i guarantee it will be dead and forgotten after this bullrun and something new will take its place the next one. Never forget your goal is to use this shit to stack Bitcoin and ETH.

I want to fomo but scared. FUCK FUCK FUCK WHAT DO I DOOOOOOOO

>>20814631
if you think it's not a scam you're a neckbeard or a third worlder

>>20814677
What does being in crypto since 2013 have to do with how the protocol works? I do agree though that all my trades are used to stack more ETH, but this bullrun just started and DeFi will be the focal point.

>>20814602
I'm literally invested in the yfii yield farming pools. you're wrong.

>>20814751
>still doesn’t understand how this all works

>>20814692
Throw a few eth in. You can thank me later when you 5x in two days.

>>20814772
I bought 1 because I have been eternally btfo and one more loss won't hurt me. If you honest then thank you. If you pajeet then screencap and take it to your discord so you can get paid.

This one will go wild! 100m TVL secured with a marketcap of only 6m!

This is Insane and will push the price big time

>>20814602
What gives value to yfi is the tvl
In 3 days yfii will have a bigger tvl than yfi

>>20814933
>>20815002
Please explain what is tvl

>>20814933
only reason why I bought some

>>20814901
Na bro I'm legit , I got you senpai , I'll make a post tomorrow at 18h est and we can celebrate there

>>20815018
Total value locked in the protocol for yield farming

>>20815075
>different ID

>>20815083
For ponzi building*

>>20814901
I've also been eternally btfo and also bought some. Looks like this project was cursed from the get go

>>20815075
>different ID

scam confirmed

Holy fuck /biz/ is truly shit nowadays

>>20815179
please go up so I can get out.

>>20815002
You smooth brains still don’t understand how the system works. How many fucking times do I have to spell it out.

1. YFI protocol is used to make yCRV. yCRV represents the TVL for YFI and all the protocol fees on yCRV go to YFI holders.

2. YFII also uses yCRV but yCRV is still governed by YFI and those fees do not go to YFII holders but to YFI holders.

3. So YFII increasing its TVL actually means it’s increasing YFI’s TVL and since YFI has FULL control over yCRV it isn’t the only one benefiting from all this.

YFII has no value. It is only used as a reward for yield farmers and those yield farmers are actually just increasing YFI’s TVL.

I will not explain this anymore because I have done it so many times and you guys still fail to understand how any of this works.

>>20814677
>>20814677
Nope , still stacking dollars like a non retard.crypto is a series of ponzi schemes that rewards people who are early

>>20815273
based

I have no fucking clue what yield farming is or what the fuck I'm supposed to get 1000% gains. I'm not a fucking mathematics olympiad.
But if the numbers are gonna up, it's good enough for me.

>>20815263
Yfi has no value i know. Your interpretation is thay yfi will go to 0 after crv is released.I disagree.
Yifi developing an ecosystem is what gives its value, right nos. The ecosystem is worth smth because of its tvl
Yifii will be better

>>20815410
Holy shit is your IQ under 50 or what

>>20815449
The 50 iq been farming ycrv before you even knew what it is fren
You still don’t understand what is the yfi ecosystem and why yfi keeps gaining value. But you will :)

Until then understand yifii is a fairer yifi with better distribution. Hopefully it can mimic yfi ecosystem

I don't understand any of this and I'm terrified I just want a small win.

>>20814901
Definitely not a pajeet lol. You should be able to tell by the fact I can actually speak English properly.

>>20815410
Completely wrong. First of all yCRV is not CRV (first reason for me to believe you have no idea what you’re talking about). Second, YFII did not build any sort of ecosystem, YFI did. This is like making a token called NULINK and rewarding chain link validators with NULINK. The NULINK is not embedded in the protocol, LINK is. That’s what give it value. NULINK has no value because it is just used to give out rewards for people using chain links protocol.

>>20814677
Not comparable. The past was filled with useless speculative ($name)coin blockchains that were all trying to replace national currencies. We're currently entering a separate phase, that of actual usable products.
The dotcom bubble killed a bunch of tech companies because they were bleeding edge snake oil salesmen relying on a novel gimmick, but you don't see many of them folding in subsequent bear markets. They don't even feel like the same industry,
Indeed, you are starting to see the DeFi ecosystem carve out its own somewhat segregated market that doesn't have a lot of overlap with traditional crypto people. Bitcoiners want memecoins to be used as currency, DeFiers want currencies to be put into blockchains and don't care much for which, thinking of blockchain tokens as nothing but utility tokens to run smart contracts. Which is how they get into conflict with maxis.

>>20813102
$2000 by tomorrow, literally no supply out yet

>>20815263
quick question brainlet, whats stopping curve using a carbon copy of the y contract cutting out YFI?

>why would curve do that
>crv token coming out soon
>bbbbbbut they wouldnt

even if CURVE didnt, whats stopping ANYONE else? this is fresh stuff, in 3 months time there'll be multiple doing the same thing.

what does YFI really offer? nothing.

X5 easy
Tiny market cap

>>20815645
Sure it does. A bunch of limp-wristed faggots completely paralyzed by democracy. They also sound like typical soiboys who always need to defer to authority. The forum is absolute cringe.

1k has been breached

>>20815811
This is going so high that $1k will sound quaint

>>20815554

bros I had a xanax and a beer and I am feeling good about this now.

>>20814478
sage.

all of this shit is a scam; you're either early or late to the scam.

we're early to this one.

>>20815263
brainlet alert: yCRV, and the yTokens that comprise it aren't controlled by YFI -- there is no admin, and governance has no controls over their "products".

YFI == YFII in terms of actual use at this point. the only thing YFI offers is that the con-artist Andre "works" for YFI governance.

shieeeeeeeet

>>20815811
its crashing sell sell sell sell

>>20816208

>>20815645
This is actually a very good question. There is no real solution https://gov.yearn.finance/t/parasitic-farms/1100

What do people shit spamming this is a lie get out of it? A little while longer to accumulate? I honestly don't understand.

Just buy some and stop being a cunt while you do so, easy 2-3x EOW

we're dumping

LOL scam confirmed

oh well who gives a fuck

>>20815968
Kek not all crypto is a scam. Real companies have been created to bridge the gap between the crypto economy and the broader economy. Beyond that, I think the outright gambling that is most of crypto is legitimate for its own sake. Humans have always enjoyed gambling so why not with crypto?

>>20816272

You're so fucking annoying, holy shit. A whale sold a little bit. Dipped by $70 for all of 15 seconds.

Seriously, just fuck off. Surely you have something better to do with your life? Mad because you have no Fiat to buy in?

>>20816272
fuuuuuuuuuck fuck fuck FUCK FUCK FUCK FUCK

>>20816328

Not a dumb pink wojacky

>>20816395
I have watched the uniswap volume, Its up 300k in the last hour. Im just so scared.

>>20816395
Suicide watch....my kids wont eat fuck em they are fat and ugly!!!

>>20813102
>yfii
>flying squirrel ad
will this crypto buy catgirls?

is it over?

>>20816741
before it began .... CRYPTO LIVES DONT MATTER

I'm watching this like a fucking hawk 5 minutes into the future on Balancer.

Hold tight friends, we're not dipping below $750 now, and will be at least $1400 by 1am EST

this is the best project in 2020. It's going to flip yfi eow

China hustle got me again. FUCK i am financially ruined

You guys have the weakest hands of all time haha

>>20816886
I should just sell now FUCK

WTF is with these weak hands /biz/ tards lmao.

Things drop in the day, and pick up around 11pm EST

Jesus Christ

YOU MOTHERFUCKERS chinkscammed me again

>>20816972

Nobody did. It's not actually crashing.

>>20816997
My eth is coming back again.

>>20817096
It'll rain tendies on you fren. Just wait. The weak hands have sold so now we moon

>>20817318
oficially in profit

thanks for tips frens

Time to turn .1 eth to 1 eth.

>>20817735

I will hold your hand with my iron hands buddy. Just hang in there for a few more hours. Mooning past $1000 once Balancer weak hands are shaken out

>>20817735
There's another thread here if you want to follow along: >>20817099. I'm on clover on mobile and don't know how to link this

Coming up on the last chance to get in for the coming midnight moonshot lads

Final bump before I let this die

For those weak hands I saved in the dip... You're welcome

>>20819723
Thanks buddy <3

Me and my .2 YFII are gonna make it.

>>20820634
Lol thanks for the chuckle anon. Gains are gains