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24959655 No.24959655 [Reply] [Original]

Others have already run the numbers that show how undervalued graph is and how it should conservatively be at least $5. I won’t spent time on that, the question is why is graph still so cheap despite all this?

I think its because graph is fundamentally different to most other ICOs. Most ICOs launch as vapourware with the promise that in the future they’ll have some working product. Some of those ideas are even good ideas, but ultimately at the time of ICO they’re nothing more than ideas.

Graph basically waited until they had a fully working product integrated with all of ethereum before doing the ICO.

Imagine if chainlink didn’t do an ICO, self funded and in 2021 when staking was ready, integrations with most of DeFi as well as Oracle and some other major companies, and only then did an ICO. And let’s say they ICOd for $1 each instead of $0.12. What would the price do? Probably moon from $1 to $5, then people would be in disbelief, calling it a pump and dump and calling for a drop to $2. Yet in this case, clearly chainlink would be worth $50+

People are not used to ICOs where you’re already buying into a full working product, with staking and passive income and integrations at a reasonable price. Expect us to trade at $1-2 once profit takers are done.

>> No.24959683

good points anon. this rocket is going to keep pumping.

>> No.24959752

and it is super super early

>> No.24959786

Just acooooomulate and hodl, it's that simple

>> No.24959801
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24959801

>>24959655
There's 1 billion tokens in circulation. It was just hit by a pump and dump. In 1 week if I see organic growth I'll buy in. Also they have 9 billion tokens to dump.
> muh locked up
shut the fuck up

>> No.24959937

>>24959655
I see graph perfectly at 10$~20$ range if btc breaks 40k

>> No.24959976

>>24959655
>why so cheap?
It doesn't actually do anything. Useless toiletcoin.

>> No.24960000

>>24959937
why

>> No.24960002

>>24959655

https://twitter.com/DvdSchwrtz/status/1340120334196862978

>> No.24960128

>>24960000
there would be normie fomo'ing like in 2017 cuz "look dude btc going to 100k!", market cap would drastically increase in the entire of crypto industry

>> No.24960164

>>24959976
>doesn't do anything

Except all the indexers and curators will now need to buy and stake GRT to continue providing their services

Uniswap, Aave etc. will need to buy GRT to pay for Graph services

>> No.24960363

>>24960164
Don't bother with these retards. Accumulate and hold. Let them continue with their low cap shitcoins.

>> No.24960444

Missed the old Neo run? This is your chance

>> No.24960627

WE STAND UNITED

>> No.24960852

>>24960627
Look around
They're moving in
Hold your ground
When they begin
We can do it
We can do it and if they wanna they can try
But they'll never get near
Then they can get out of here
Gonna keep on driving
Never stop
United, united, united we stand
United we never shall fall
United, united, united we stand
United we stand one and all
So keep it up
Don't give in
Make a stand
We're gonna win

>> No.24961351

>>24959655
this.
People want to chase whitepaper promises for years. Shilling for years on hopes and dreams.

Graph released GRT with a working product already being used by the biggest names in crypto... ON DAY FUCKING 1.