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/biz/ - Business & Finance


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23956607 No.23956607 [Reply] [Original]

>Come in, anon. Sit down. Whisper a ticker into my old ears and I'll tell you why your shitcoin is a scam.
I'll start with RSR

>> No.23956620

exit scam announcement in official RSR telegram SELL SELL SELL SELL

>> No.23956622

NDR - Noderunners

>> No.23956653

>>23956620
Phew! I just bought some more anon thanks.

>> No.23956675

STA

>> No.23956686

>>23956607
UTK

>> No.23956726
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23956726

>>23956620
>>23956653
There are many problems with this particular shitcoin, anons. Too many to even count. Look into my crystal ball and three major reasons will be revealed.
>1) If any government releases a guaranteed stablecoin, it's over. It doesn't have to be the USD. It could be the chinese yuan, the canadian dollar, the euro, whatever. Dozens of governments are already trialling or *have already released* their backed coins. The second a single one of them is readily available for the open market, there is no need for RSV or RSR. It will dump to 0.
>2) attempting to peg asset baskets to fiat requires an ever inflating asset base alongside every single dollar printed. For every dollar the US government prints, the reserve has to increase by that exact amount. Any March style crash, or even dip in the price of real estate, and it's over.
>3) Assets bundles cannot be pegged to currencies. The IMF tried this in many different countries between the 50s and the 70s and eventually determined it simply isn't possible. The recipient government will print more money (rendering the asset base insufficient), the assets will reduce in value (as all assets do in market cycles), and most likely, both will happen simultaneously.
>4) TLDR You can't try to decentralise a centralised asset (the USD). The only asset you can decentralised is Bitcoin, which already exists.

>> No.23956808
File: 205 KB, 1280x1925, 1516792742214.jpg [View same] [iqdb] [saucenao] [google]
23956808

>>23956675
The crystal ball brings dark tidings, anon. STA is quite possibly the worst shitcoin I have seen in all my years as a gypsy fortune teller on /biz/.
>1) It isn't an index fund, because it includes the token in the balancer contract. Therefore, there is no reason to buy STA when you can buy the individual coins and save 25% of your money in doing so.
>2) You don't have any claim on the underlying pool. The assets can, and will, be withdrawn at any time.
>3) Deflationary does not mean an increase in the marketcap. It *only* means an increase in the price of each individual token. This allows developers and whales to rake in much more profits when they dump on new buyers. It also means the coin dumps harder than others.
>4) Anonymous nigerian developers
>5) The "hype" event is a dimple dashboard, which any first year CS student could make, and yet they still haven't been able to do it after 4 months

>> No.23956811

>>23956726
>The second a single one of them is readily available for the open market, there is no need for RSV or RSR. It will dump to 0.
So why have DAI, USDC, TUSD, BUSD not dumped to 0, since USDT is the most popular one?

>> No.23956839
File: 281 KB, 1920x1080, Webp.net-resizeimage-25.jpg [View same] [iqdb] [saucenao] [google]
23956839

>>23956607
XRP
PNK

>> No.23956856

>>23956726
>attempting to peg asset baskets to fiat requires an ever inflating asset base alongside every single dollar printed. For every dollar the US government prints, the reserve has to increase by that exact amount. Any March style crash, or even dip in the price of real estate, and it's over.
If you did literally 1 minute of research you'd know the goal is to decouple it from the USD in later stages of the project.

>> No.23956888
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23956888

>>23956811
>So why have DAI, USDC, TUSD, BUSD not dumped to 0, since USDT is the most popular one?
The crystal ball says that alternative USD stablecoins are used because people are aware that Tether is probably unbacked. They don't want to be left holding the bag if Tether fails. They would be unable to cash out into fiat.
However, a government guaranteed stablecoin cannot fail. It can always be cashed out into fiat, because the government makes the money. Tether does not print USD, only USDT, which are not dollars. The ball says the Chinese Yuan will be the first CBDC to be rolled out and many crypto customers will use that instead of USD stablecoins, forcing the Americans to hurry up and release their own within the next few years.

>>23956856
No emotions in my tent, please anon. The ball says this doesn't work. It has to be pegged to something. If it isn't pegged to anything, then it's just a shit Bitcoin, and Bitcoin already exists. The only other alternative is on-chain gold tokens, like how the COMEX operates but with crypto instead of paper, and this will be done in the exact same manner the COMEX operates now, which can all be automated on-chain.

>> No.23957055

AKRO

>> No.23957058

>>23956726
Not a fan of rsr but I doubt people will adopt government crypto. Would you? it'll cause you to get taxed more and they would inflate it to feed nogs and drug addicts. I think we'll see governments crumble if they don't ban crypto. Look at Greece if you don't control your money supply and someone else does your fucked. German controls Greece's money supply and forces them to take austerity measures where otherwise they could just devalue the currency, effectively taxing everyone in Greece and screwing over their lenders.

Also governments such at doing stuff like this it'll take em 30+ years to fully implement with adoption so we got time.

>> No.23957099

>>23956888
You are stupid. People use the other stablecoins because tether isn't tradable on coinbase which so happens to one of the primary markets us citizens use. Literally Asians use tether.

>> No.23957101
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23957101

>>23956839
XRP is a dark token, anon. The ball is raging with madness and fury, betrayal and fear.
>Ripple is good technology
>It will be utilised by banks all over the world
>It causes Adam Back extreme butthurt, because he knows it will triumph over Blockstream
>However, XRP the token will never go above $1.17 ever again. It will pump, but its glory days are behind it.

PNK is brighter, in contrast. The orb hums a deep pink, as pink as the anons who bought at 18c.
>Kleros really is a fundamental development in humanity itself
>Decentralised consensus will be looked at by governments all over the world to streamline their own arbitration
>The technology will be utilised in global trade - however, corporations will not use Kleros itself.
>It will be a top 10 coin based on hype alone
>There will be many copycats, but no star will shine brighter than the kleroterion
>most of /biz/ have bent the knee already. Reddit will follow next year. Crypto twitter will hype it to unseen highs the year after. Finally, the last stubborn anons on /biz/ who never bought will buy a bag. That will be the top.
>After ETH 2.0 is properly implemented and rolled out after many years, Vitalik will make good his promise and put Kleros onto the Ethereum base layer, neutering any hope of Kleros being a real player in the decentralised future. It will crash back down to earth.

>> No.23957127

>>23957101
If governments are going to make their own crypto then why would xrp be adopted why wouldn't governments and world banks use their own coins. You dont have a cohesive idea. You probably have a portfolio with like 2k in it.

>> No.23957141

>>23956607
Saffron.finance

>> No.23957152

dump RSR and buy FR Freedom Reserve
https://info.uniswap.org/pair/0x62008a04401662689467f5ee5d57c4863adabfc0

>> No.23957150

>>23957101
Not even close to a realistic commentary on pnk. In fact this shows how your sub 100 IQ. Pnk will not get adopted any time soon or at all.

>> No.23957158

>>23957101
you skipped UTK

>> No.23957167
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23957167

>>23957058
>>23957099
>>23957127
>people won't adopt government crypto
>but they will adopt the USD
People who won't touch fiat will just use Bitcoin, anon. Those who will use fiat will use the CBDCs. There is no room for RSR in between. Your arguments are pro-bitcoin but have nothing to do with RSR/RSV.

The ball says you should stop posting so quickly, breathe, and be less emotional about your investments. You are not being personally attacked here.

>>23957127
>why wouldn't governments and world banks use their own coins
They will not be using XRP, anon. They will be using their own coins, backed by Ripple, the technology.

>>23957150
Slow down. Breathe. The ball is not personally attacking you. It just gives indications of the future to come.

>> No.23957192

>>23957167
I stated i wasn't a fan of rsr. I was just arguing your point not for rsr because you point applied to most of crypto and especially stable coins.

>> No.23957216

>>23957167
These aren't real retorts. I'm not being emotional I'm just calling out the idiots on this sight to teach the others. Also you didn't refute any of my points. So you know your wrong.

>> No.23957238

>>23956607
100 BILLION SUPPLY shitcoin lol. overpriced and gonna dump 75% from here.

Bonded Finance public sale is zee true gem of Q4.

>> No.23957239

>>23957167
Tell me about rlc bro that'll be good bait

>> No.23957379
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23957379

>>23957141
>>23957152
>>23957238
The crystal ball says your shitcoins are not welcome here.

>>23957158
>>23956686
The crystal ball looks unfavourably upon UTK. It swirls with clouds and visions of dumps and rugpulls.
>Crypto payments are already mainstream. Even paypal is on board.
>No token is needed to do them
>UTrust itself is not needed. You have centralised institutions for centralised payments, and escrow for cross-chain.
>Was a decent idea in 2017, but the space has advanced and moved on.

>>23957192
>>23957216
>>23957239
The crystal ball would rather you make a single post, anon, rather than continuing to spread out your responses. It makes the future harder to divine and you're shitting up the thread.
>this sight to teach the others. So you know your wrong.
Slow down, my ESL friend. Breathe. Think before you type, and the ball will be able to read your future better.
These are real responses to your statements. Ripple will be used, XRP will not. Alternative stablecoins are not needed when government guaranteed stablecoins exist. PNK is a really good idea, you've just been successfully fudded due to a picture of an indian.

>>23957239
>RLC
Decentralised cloud computing is a good idea. Like with UTK, had they managed to create this product when it was needed by the market, it would have mooned. However, this isn't 2017 any more. We are in 2020. Large corporate players are in the space now and are already far ahead of Gilles. The future of cloud computing is not decentralised to the point of laptops and tablets being used to compute. Universities and other institutions will lend their idle processing power to other institutions/organisations, but centralised bodies have no need for a decentralised middleman when a centralised on is on offer and available years in advance. Big Tech has already won this race.

>> No.23957443

>>23957379
XSN

>> No.23957541

>>23956607
FTM

>> No.23957644

>>23957379
So no logical response or retort. Pointing out a spelling error is not an argument. Your thread is over bro. You outed yourself as a charlatan an an idiot.

>> No.23957672

>>23957379
Another poor understanding. RLC is a market and if you don't think competing asian server factories can't out compete AWS and Google you dont understand basic server economics.

>> No.23957676

>>23956808
>>1) It isn't an index fund, because it includes the token in the balancer contract. Therefore, there is no reason to buy STA when you can buy the individual coins and save 25% of your money in doing so.
stopped reading there.
First of all no one is making the claim that it is an index fund of itself and if people or you believe they do then it is a mistake because it’s NOT an index fund, however you can pool certain assets in the phoenix pool for example and rack in gains through the balancer pools arbitrage opportunities when there are price differences within these assets. causing sta to be transacted thus burnt and creating positive price pressure. please understand white papers and concepts before you speak son.

>> No.23957733

>>23956808
your first point is vague. because soon you will be able to pool purely just sta

>> No.23957739

>>23957733
Blood in the water

>> No.23957749

>>23956607
Do PRQ

>> No.23957762

>>23957739
op is retarded he’s posted here before with the same shit

>> No.23957767

LINK

>> No.23957770

Buidl

>> No.23957775
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23957775

>>23957443
The crystal ball likes XSN as an idea. However, the Ethereum chain is more reliable, trusted, and widespread. It can do the same role as XSN using wrapped tokens from alternate chains, and if the recipient of the BTC doesn't trust wrapped tokens, trustless escrow on the eth chain is now widespread and functional.

>>23957541
There crystal ball says there are no ETH killers, anon, and that Andre Cronje is a scammer.

>>23957644
>>23957672
The crystal ball checks your dubs, but unfortunately everything you have "contributed" to this thread has been refuted. All you have said is that RLC = good and PNK = bad. The ball has told you why both these statements are wrong. Server factories already exist - the issue is not creating asian server farms, but utilising idle processing which is in abundance. And AWS and Google offer this to universities/whoever has massive servers and plenty of downtime.

>>23957676
>>23957733
>price differences between assets
It is arbitraging with STA, which has no value outside the balancer contract. A balancer contract that held the underlying assets, or didn't include STA, would have 25% more assets and might actually be worth something. By including the STA token and making it deflationary, buyers are buying thin air and paying devs to dump on them via a deflation tax. If the balancer is not needed, then STA is not needed, as its only use comes from the balancer contract.
>pooling just STA
The crystal ball says this provides you with no underlying assets and is arguably even worse economics. You are buying a useless asset, which burns some of your tokens, so that even before whales dump, you have less of a market share than the amount you paid.

Not even holders can say why the token is needed. STA was a discord pnd campaign which simply stuck around for too long and attracted the kind of newfags who do not understand economics or crypto.

>> No.23957816

>>23957775
Continuing to doge the original point which had nothing to do with rlc or pnk.

RLC is a marketplace for idle processing. Do you not understand that. So your right they exist and they compete. RLC makes it more competitive. Kinda proved my point in your statement.

>> No.23957832

>>23957775
I'll give the the STA points though. Its a shitcoin and it'll probably get rug pulled.

>> No.23957868

>>23957775
it’s 20% more assets and you don’t need to pool statera either. you can hold it and benefit from it due to the 1% being burnt in continuous trading when pooled that happens in the ecosystem so it’s not a asset with no “value” and burning doesn’t mean you have necessary less share because all transactions get burnt, you do get more value out of it when this does happen making it deflationary. i think you need to go back and do some readings PNK is literally the newfag coin on biz

>> No.23957886

>>23957775
when you understand how it works maybe you can critique? your Donning Kruger effect is showing

>> No.23957902

>>23957868
Dude this guy isn't the sharpest one but your a bit duller. He's 100% right, but you'll find that out soon enough.

>> No.23957924

>>23957902
get fucked faggot you haven’t posted one single valid point for your faggot rlc coin fuck off nufag

>> No.23957944
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23957944

>>23957767
The crystal ball hums a deep blue. It likes LINK.
>not a pump and dump
>clever use of economic incentives
>might actually achieve something
however
>price feeds aren't needed
>ari keeps doing his own side projects and is slowly stepping away from link
>sergey won't stop fucking dumping on me

>>23957816
>RLC is a marketplace for idle processing.
Idle processors in the west will not use a decentralised marketplace because their end customers are also centralised. They are almost exclusively research facilities and universities, with the occasional company or large organisation in between. When centralised institutions need a middleman to bridge the gap, they will use other centralised institutions, especially the ones they are already working with. Remember, many large computations are done in a rather caveman style - just taking a hard drive to another university and running it on their machines.

>>23957868
>admits that 20% of the balancer pool is useless
okay
>you can hold it and benefit from it due to the 1% being burnt in continuous trading when pooled
this does not increase the market cap. It only increases the individual token price, as explained. It allows early buyers an exponentially larger share of tokens, meaning they can dump on later buyers exponentially hard.
>so it’s not a asset with no “value”
nothing vie it value except the vain hope that a stupider buyer will come along and buy your bags.
>you do get more value out of it when this does happen making it deflationary.
the buyer does not get more value. Developers and whales who bought low get more value, because they control a greater percentage of the tokens, because you burned some of yours when you bought in.
>i think you need to go back and do some readings PNK is literally the newfag coin on biz
The crystal ball says you are from the third world. It knows this from your poor english and writing style. You have not looked into Kleros.

>> No.23957951

>>23957924
I don't have any of these coins lol. Stop acting like it's a sports team its investing. I just suggested rlc because its spammed here and was playing devils advocate. Good luck with your scam tho, hope it turns out alright.

>> No.23957958

>>23957944
PRQ PRQ PRQ
NOW REEEE

>> No.23957981

>>23957944
It will be used because people don't want Amazon or asian server farms stealing their info. Can you dont see the use at being able to use Amazon web services but not giving Amazon all your info? Especially for research and trade secrets.

>> No.23957983

>>23957958
I second this proposal.

>> No.23957989

Cardano !?

>> No.23958035

>>23957944
>admits that 20% of the balancer pool is useless
straw manning me. at least understand how to make arguments before you present them friend
>this does not increase the market cap. It only increases the individual token price, as explained. It allows early buyers an exponentially larger share of tokens, meaning they can dump on later buyers exponentially hard.
no one said it does. marketing increases market cap and thats whats being planned
>nothing vie it value except the vain hope that a stupider buyer will come along and buy your bags.
false dilemma, thats not the only way market cap can increase
>The crystal ball says you are from the third world. It knows this from your poor english and writing style. You have not looked into Kleros.

not part of the discussion and you've just exposed yourself nice strawman

>> No.23958039

>>23957944
You collect good art.

>> No.23958051

>>23958035
He doesn't know what a strawman is. You can Google these things you know.

>> No.23958080

>>23958035
Marketing increases market cap wtf no way your this dumb.

Not a false dilemma ether. He just using keywords lol, with no understanding.

Now that last part was a strawman but then why you call the first a strawman. Your ether a kid or stupid. Invest in some more scams.

Marketing increases market cap I can't stop keking. Haven't laughed this much in awhile.

>> No.23958084
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23958084

>>23957981
>people don't want Amazon or asian server farms stealing their info. Especially for research and trade secrets.
Organisations of that calibre, and with a need for that much secrecy, already have their own servers. Whether military, academic, commercial - they all have their own servers which run perfectly fine right now, and whenever large computations are required, they have good relations with other institutions (and the servers located at those institutions) where they just physically take their data, if the need for secrecy is so great. iExec has many strengths but this is not one of them. Regular businesses without the need for life-or-death protection of their data will use AWS because in the event of a colossal fuckup, they don't lose their jobs. They just sue AWS/Google/whoever.

>>23958035
>thats not the only way market cap can increase
Buying and selling is the only way marketcap increases. Burning does not. I know you really want someone to pump your bags, you probably need the money more than most on /biz/ as you're in the third world, but you should look into projects with real fundamentals and real value, not entirely built on hype and marketing, as you just said.

>>23958039
The crystal ball says thanks.

>>23957958
>>23957983
>>23957989
I'm sorry, anons. Two customers here have refused to leave the tent and the ball has been quite busy. It'll get there soon.

>> No.23958106

>>23063888

>> No.23958114
File: 97 KB, 350x350, 2020-02-29 JBG Token Logo 350x350.png [View same] [iqdb] [saucenao] [google]
23958114

JBG may be microcap tiny, but it's more legit than 99.9% of anything you might tout.

https://info.uniswap.org/token/0xe85d69d5e7b91b1a0d2e93a3678315e6915197b2

>> No.23958150

>>23958084
Ok but rlc will allow you to use these resources without having to make your own security, it also makes it trustless so your less likely to have security breaches. So it makes it more secure and cheaper. We're entering an age were data is becoming the most valuable thing. I bet most companies don't want Amazon spying on them in any capacity whatsoever. Amazon competes with a lot of the businesses that use AWS and they steal the info. Also hope you understand this is just one thing RLC does. The ai mesh network uses make it even more valuable.

>> No.23958166

>>23958084
Why would they use something that's less secure and more expensive???

>> No.23958177

>>23958080
because hes arguing a point i never made and saying i admitted its "useless" when I never did
it is a false dilemma cause hes options are either nothing of value or only when a bagholder buys it
and it does when if it attracts customers to put money into it increasing the worth of statera

>> No.23958200
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23958200

BTC

>> No.23958203
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23958203

>>23958106
You should be able to discern real projects form fake ones by now. Look at the difference between this/other statera posts, and the guy talking about RLC.

STA:
>the price will go up
>supply/demand will make the price go up
>burn will make the price go up
>the dashboard will make the price go up
>(this thread) marketing will make the price go up
They all assume a buyer, but do not mention a use case for the token. There is no use. It isn't needed. It doens't actually *do* anything.

RLC guy:
>utilisation of idle processing power by institutions
>incentivises more server farms to pop up for anyone who needs processing power in a decentralised processor market
>etc
These are real uses. There are customers of the end product, which isn't a token - it is data. The token is used to buy the data, but it is not the token which claims to have value, rather the network which runs on the token.

>>23958177
This comment is a great example.
>it has value because the price will go up
>the price will go up because people will buy it
>people will buy it because the value is the price will go up

>>23958114
Shitcoins fuck off.

>>23958166
>less secure
>more expensive
It works and has customers. RLC does not. Until RLC is actually cheaper, then this isn't an argument, just speculation, and businesses don't care who will provide the cheapest processing power in 10 years, but who provides the cheapest processing power *now*.

>> No.23958216

pay attention to fudders and their ever increasing desperation in their fud posts. While they can approach a logical or reasonable factor and fud based on that, they tend to get emotional and type things such as "scam", "rugpull", "token not needed" without the basic understanding of supply and demand
We have the advantage of being first movers with this and although it may not have as much function as Chainlink or nice pooling (yet) as Statera, it's only a matter of time before more utility is implemented with this token however that may be
Acutely we will see ups and downs but long term we will have upward movement as adoption increases and more people become aware of this token
The even distribution of this token's supply combined with the low total supply and current low market cap allow this to grow expontentially without risk of rugpull. I would even go further to say it would be great if they dev has not already made the contract immutable, to do so as that would instill confidence in potential buyer as well as additional confidence in current holders Although, before making the contract immutable, I would even recommend that we add a burn function which will allow the value to increase even faster as well as reduce swinging
Fud away, it's nothing we haven't seen before

>> No.23958220

>>23958177
A straw man is a form of argument and an informal fallacy of having the impression of refuting an argument, meanwhile the proper idea of argument under discussion was not addressed or properly refuted.

He was directly addressing a point you made. The first of your claimed strawman not the second (correct) use.

>> No.23958224
File: 1.59 MB, 3240x3240, glitch01.png [View same] [iqdb] [saucenao] [google]
23958224

>>23956607
Glitch ?

>> No.23958230
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23958230

>>23958200
The holy grail. This is a thread for shitcoins. BTC is a not a shitcoin. BTC is the only token which does everything it needs to, and claims to, while being decentralised. There will never be another. Every other coin, even ETH, relies on speculation on the future. BTC doesn't. It is simply digital gold.

>>23958216
>more price speculation
>absolutely no mention of a use
anon...

>> No.23958238

>>23958203
it does you fucking retard this is getting arbitrary now. read the whitepaper and then get back to me

>> No.23958249

how about SXP lol

>> No.23958253

>>23958220
by saying i admitted that 20% of it was useless when I never said that? nice one bro

>> No.23958256

>>23958203
Rlc is not really ready yet. On its test marketplace aws is already on there. Show me somewhere else where they compete and don't steal your data. If you can see the value in decentralized cloud computing I can't help you. Also you seem the type that doesn't listen to others. Your points have been proven wrong and now your just saying it's not being used yet.

Its more secure and cheaper. Refute that.

If you think pnk has more real world application your retarded or delusional.

>> No.23958278

>>23958216
Supply and demand? So whats the demand part of STA without mentioning the supply. He's right and you dont know shit and your going to lose your money. Time will tell with all arguments made here.

>> No.23958289
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23958289

>>23958238
Explain what STA does without mentioning the price.

>>23958249
The crystal ball was very harsh, my friend. I will sugar coat its words.
>binance backed
>crypto card
>staking without a product
>cashbacks funded by people buying the token then staking
It had some very nasty things to say, but that's the gist.

>> No.23958312

>>23958289
PRQ now faget.

>> No.23958327

What does the crystal ball say about Unification (FUND)?

>> No.23958415

>>23958278
>>23958289
you want me to explain what it does without explaining what it actually does? delusional

>> No.23958428

>>23958415
Someone here is definitely delusional.

Its your coin bro you should be able to shill it.

>> No.23958445

>>23956856
funny how he calls you emotional when you make a valid point. delusional pnk shill

>> No.23958447

>>23958428
Do you know what cognitive dissonance is?

>> No.23958454

I have consulted the sheep intestines and they told me PNK is a shitcoin and XRP doesn't do anything.

>> No.23958461

>>23958447
here bro straight from the whitepaper in layman terms
"Statera allows users to hold an index fund of cryptocurrencies while increasing
the returns on their investment and decreasing the volatility. "

>> No.23958472

>>23958447
in one paragraph
"Statera creates cryptocurrency index funds that are decentralized and catalyzed
through an immutable deflationary smart contract. It can be included in multiple
index funds to increase their value while increasing its own token value. Instead
of traditional index funds, where you are charged a fee, since the index fund is
used to provide liquidity to exchanges, the holder is paid the fees, earning more
capital on their investments (what equates to 38%-500% APY depending on the
daily volume). Statera’s deflationary mechanism increases volume (trades and
arbitrage), which increases the rebalances and, in turn, the fees paid to the user.
Statera benefits the markets it is in, by facilitating more efficient market making,
matching buyers to sellers. The ecosystem is fully decentralized and owned by
the community. The future of Statera is bright. Not only does it create its own
ecosystem, but it also can be used by other ecosystems to instantly introduce
sound monetary policy into their platform (loans, NFTs, banking, commerce,
any investment instrument, currencies, etc.). This expansion increases the value
proposition of the token. With this value proposition Statera can position itself to
become the world’s first “global deflationary currency.” The Statera Token gives
users one token access to the price action of the entire DeFi suite of products it
creates and is included in. "

>> No.23958475

>>23958461
That true with any index fund. Thats what an index fund does. Why is it special beyond being a crypto index fund that cost more than just diversifying yourself. They can just rob the underlying assets. Is there any protection for that??

>> No.23958479

>>23957775
STA is arguably a better version of bitcoin. The reason to hold either is to serve the role of gold in portfolios - in deflationary spirals they hold purchasing power better relative to other assets (which will plummet), enabling the owner to rebalance the underlying assets.

In an inflationary event, the scarcity of STA and BTC soaks up extra liquidity.

Now it is just a matter of confidence. Psychologically, and more so with the influx of institutionals, BTC is the last asset to be sold in the crypto domain. But it would be boomer of us to believe this will hold in the next decade. So what if there's a finite supply, stock-to-flow, etc.? The active decay of STA supply will inevitably force its price to go up, for as long as a minority of balancers, pooling activities utilize it, maintaining its marketcap.

STA lacks BTC's confidence, but time will tell it serves the role of gold better.

>> No.23958492

>>23958472
Just says its a deflationary index fund where they can steal the underlying assets. This is hogwash its just telling you the benefits of an index fund. Look up benefits of an index fund it'll tell you the same shit. Also the market is way to volatile for an index fund to be any use for at least another 5 years.

>> No.23958511

>>23958472
Dude this is pure scam. An idea fund that pays you. Then whats the point

>> No.23958524

>>23958479
Yall just like the burning aspect and don't realize your getting fucked. Explain how it directly benefits the creator.

>> No.23958533

>>23958479
Your going to get dumped on hard

>> No.23958537

>>23958511
what scam refunds after an exploit? if youre fudding try harder.

>> No.23958541

UOS - Ultra.io

>> No.23958544

>>23957775
I bought my xsn bags and had that thought initially but realized that it would be cheaper for BTC arbitrage between cexes, which really can't be duplicated with any other dex that doesn't support cross chain native exchange.

your crystal ball has a hard time seeing outside the box methinks, but still this thread concept is unique and your ball is generally correct about the basics, so I'll feed you replies.

what about SWAP?

>> No.23958571
File: 9 KB, 400x400, J1YJtvdI_400x400.jpg [View same] [iqdb] [saucenao] [google]
23958571

How about pic related oh wide one?

>> No.23958597

>>23958537
One that's waiting to fill up. Whats stopping them from stealing the underlying assets? Answer that please. You just understand the deflationary part.

Hurr durr if it burns and I hodl then ill be rich. Your so smart anon.

Their going to take your money buy assets and steal them and leave you with a useless token but at least it burns right?? Right??

>> No.23958654

>>23958537
Invest in YFI that's what your looking for but your not going to 1000x. Your investing in an index fund with a mcap of 5 million and a daily trade volume of $5000. Dude thats retarded your getting scammed

>> No.23958695

>>23958461
so why does anyone have to hold sta to buy a crypto index?

FTX offers crypto indexes backed directly by the assets in the fund. why should I buy three top-10 coins plus one shitcoin instead?

>> No.23958698
File: 103 KB, 400x400, is-there-no-one-else.jpg [View same] [iqdb] [saucenao] [google]
23958698

>>23958537>>23958472
>>23958461

>>23958289
>>23958230
>>23958203

>> No.23958709

>>23958698
redpill me on PRQ since OP wont.

>> No.23958712

>>23958524
It makes money for the creator.

Specifically: the supply of STA steadily decreases throughout the course of its lifetime. If it dosen't hold its marketcap, the creators get nothing. If it holds its marketcap, the creators are rich.

You ok my guy?

>> No.23958719

>>23958709
I don't really know about prq but ill look it up and tell you what I think. Not very in depth tho

>> No.23958720

Nano

>> No.23958744

>>23958712
So your investing in a 5 million, 5k daily volume index where they can steal the underlying assets. But its deflationary. Most scams in the past six month have including a burn mechanism, dont invest in small cap scam funds. YFI is better in everyday expect it isn't deflationary. Don't invest in something just because its deflationary, refer to the other posts in the thread we've fleshed out STA

>> No.23958787

>>23958709
I don't really see the point of PRQ. Maybe you can enlighten me. It connects stuff not on the block chain to the block chain. Thats what I got from just reading the front page of their website.

>> No.23958792
File: 70 KB, 367x480, 152779807604.jpg [View same] [iqdb] [saucenao] [google]
23958792

>>23958571
Great system. Works perfectly. The only problem is the token isn't needed, and the team admit that freely. They can try to add fees and give those fees to token holders, but then people will just move to all the new AAVE clones which don't have those fees. Plenty of clones have popped up trying to pump their own tokens, like mainframe. AAVE (the token) is a victim of the success of the platform.

>>23958544
>realized that it would be cheaper for BTC arbitrage between cexes, which really can't be duplicated with any other dex that doesn't support cross chain native exchange.
True, until you realise that arbitrable cross-chain escrow is here. Once it becomes widespread and automated XSN won't really have an advantage over bigger dexs.
>SWAP
Good idea but suffers from the token being a ponzi. You can have cross-chain escrow without the ponzi element shoehorned it. The wrapping element is also good, if they can implement it, but other people offer the same product so it's nothing new. I would read up on kleros's (rather primitive) arbitrable cross-chain escrow. It's a bit shit now but once people begin using trustless escrow without middleman fees, services like SWAP will be largely redundant. https://escrow.kleros.io/
The crystal ball appreciates the effortposting though. Too many people in this tent are getting too emotional about their investments.

>> No.23958809

thoughts on ocean?

>> No.23958814

>>23958597
the devs weren’t the ones who stole the assets you just need to read and research desu you’re making baseless claims

>> No.23958817

>>23958720
Nano was popular when people thought blockchain would only be used for transactions. You kinda just have to wait and see how much adoption takes place it could be huge or a nothingburger. Itll be up to the team at this point to get vendors to use it. Not a bad hold in a difisified portfolio.

>> No.23958822

what is the fate of UNI, oh magic 8 ball?

>> No.23958833

>>23958792
Damn dude I thought you left was keeping your thread alive.

>> No.23958876

>>23958792
The token is not need but its integrated. AAVE is pretty interesting and is doing well. Under you logic why can't someone else create a PNK clone and do it for cheaper. This is general problem for all business. There will always be competitors trying to do it cheaper but look at Amazon, their size gives them efficiency.

>> No.23958919

>>23956607
Quant - QNT please OP

>> No.23958930

DMG

>> No.23958941

>>23956607

STX

>> No.23958955

>>23958792
>arbitrable cross chain escrow is here
hmmmm was unaware. who does it and how quick is it? arb is about speed after all

>> No.23958959

zec

>> No.23958972
File: 41 KB, 474x345, 1602182185813.png [View same] [iqdb] [saucenao] [google]
23958972

>>23958220
>>23958256
>>23958278
>>23958428
>>23958447
>>23958475
>>23958492
PigerZ is here, everyone point and laugh

>> No.23958979

>>23958941
Bitcoin blockchain sucks for smart contracts. This literally won't be used or needed. Invest in link, instead of looking for the next link.

>> No.23958986
File: 59 KB, 400x568, 9E48B5E1-B91F-4C2A-8208-9EBE7CCEE3A8.jpg [View same] [iqdb] [saucenao] [google]
23958986

Based 8ball, please discuss ETH

>> No.23958995

>>23958972
5k daily trade volume.

>> No.23959004
File: 71 KB, 1665x617, STACREGS™.png [View same] [iqdb] [saucenao] [google]
23959004

>>23958995

>> No.23959010

>>23958972
Explain why they can't just steal the underlying assets. Another deflationary scam

>> No.23959019

>>23959004
Answer this>>23959010
Explain why they can't just steal the underlying assets. Another deflationary scam

>> No.23959041

>>23959004
>>23958972
Whats the proof they're even buying assets for an index fund. This is probably just a bread and butter ponzi.

>> No.23959194

>eRDSL
>QNT
>ADA
Thanks in advance

>> No.23959239

>>23956607
What's in your wallet?

>> No.23959281

>>23959239
Capital one and pnk are in his wallet

>> No.23959308
File: 3.77 MB, 364x264, psycho.gif [View same] [iqdb] [saucenao] [google]
23959308

>>23957238
if you know, you know. I got 100k just now. BOND has a real team with a real product + VC money to last all next year.

>> No.23959357

Since haven't been mentioned
>DOT
>KSM
>XLM

>> No.23959838

>>23956726
>For every dollar the US government prints, the reserve has to increase by that exact amount.
Why?

>> No.23960480
File: 10 KB, 400x400, lWWYEJ_N_400x400.png [View same] [iqdb] [saucenao] [google]
23960480

Ampleforth Protocol

>> No.23960582

>KP3R
>inb4: andre scam

>> No.23960633

>>23958919
>>23959194
QNT is easy really.
>lost all their partnerships
>CEO dumps on bittrex
>literal family business
>no news
>no developments
>realvision interview that was hyped all this time did literally nothing
>tg shills posting on /biz/ can't name a single point on why should you buy QNT that isn't from 2018
>literally at ATH double topped on the chart

>> No.23961613

>>23956808
Holy cringe, you lost any and all credibility you had.
Stop thinking you are smart.
I am cringing so fucking hard right now.

>> No.23961688

Orion Protocol (ORN)?

>> No.23961722

>>23961613
https://www.youtube.com/watch?v=kWPHz5YaecE
literal pajeet shitcoin

>> No.23961763

>>23956607
>ctrl f CORE
>0 results

Please tell me wise man

>> No.23961992

>>23958792
Kadena again

>> No.23962487

>>23961613
STA is a scam that the only right thing the crystal has predicted

>> No.23962546

>>23956726
>If any government releases a guaranteed centralized stablecoin, it's over for the decentralized stablecoin.
why? wanna elaborate?

>> No.23962666

>>23957944
>however
The thread was good until you started shitting on /ourcoin/.
Haven't you heard? The DMT entities have spoken, they prophecised that a single redacted token will be worth at least three hundred dollars.

>> No.23963633

>>23961613

man I legit feel really bad for you.

>> No.23963654

XMR

>> No.23964237

ADA

>> No.23964264

>>23956607
boringdao is my secret dream item. its an item because it doesnt have any heart, or even legs. but it still exists and is therefore loveable