/biz/ - Business & Finance

Guys is ANDRE Cronje buying the dips? look at the same buying address

>>27587490
I JUST WOKE UP
WHATS GOING ON
DID I DIED IN MY SLEEP??

>>27587490
Holy fuck no wonder my rewards have slowed to a trickle

I'm too late for every moon mission

Bao being Bao dude. Accept it, Hold it, Embrace it!

>>27587490
>>27584994
>>27584994
>>>27584994
you are not dreaming, we have been watching. keep it to a small number of threads. one if possible.

>>27588176

>>27587490
one guy bought three million dollars of this shit

>>27587547
Baoman is Andre

K biz, suggest me please. I staked 1milli of Bao, by EOM I will have farmed 1.6 million Bao (+160%). Now, we get to deal with Impermanent Loss. What the fuck should I do? Should I accept the fact that even if I lose 100% of my original Bao I get +600K? Any other solution?

>>27588529
>>27588529
Remember that shit is locked for 3 years

>faggot whale pumps and then dumps 80 ETH worth, causing a massive fall
Crypto has too many brainlets.

>>27588614
>Remember that shit is locked for 3 years
staking is for 3 years?

>>27588614
Yes, I know. Might be both a blessing or a condemn.

So many pajeet .5 eth sells

Thanks for playing!

>>27588403
SBF and FTX actually

80mm marketcap still x10 to go

How will the hour end lads? in green or in red?
a morning doji perhaps for those waking up this hour.
the hour ends in 20 minutes.

>>27589021
Whats that app?

>>27589107
https://chartex .pro/?symbol=UNISWAP%3ABAO.DE61C1&interval=60&theme=Dark

>>27589107
dextools i think

>i tried swinging last night
Fuck

>>27587490
Tfw bought at 0.0001 and sold at 0.0006

Lads is there any uniswap android app? Im in a work and was not able to sell it on top

>>27589289
but hey at least you're already rich, right '-'.

>>27588646
>causing a massive fall

nigger, obviously it falls after a massive buy in. still raised the price by 30+%

>>27589316
u need to connect ur metamask wallet on ur android

>>27589316
It in trust wallet

Look for Dapps

>>27589455
Thanks will check it

>>27589021
looks like a lower close this hour lads. but that was a big pomp

>>27587490
BAO STOP IT
IF YOU CONTINUE
YOU WILL DESTROY THIS PLACE!

>>27589903
But I think the all time chart for this token is the most interesting

Has this token hit reddit yet? We could get another 2 or 3x out of them in a day.

>>27589219
what's it like on the sidelines?

I bought a million of these little shits for 100 wtf why didn't I buy moreeee

>>27590299
one minute chart looking interesting, too many good looking charts for this shity

Regretting selling my 100 mill stack way too early, but still have 50m that I'll hold for a while. It isn't too late to join in frens

>>27590734
>but still have 50m
fuck i am a stacklet

>>27590533
Same anon. Are you just gonna hodl and then swap for Eth then fiat once we hit target price?

>mooning with rbc
I believe in you bao bros

>>27590808
And soon people with 1/10 of your stack will be thinking the same. Just pay attention to TVL and you can profit on this.

>>27588529
Same situation

>>27590909
can confirm

t. 500k stacklet

>>27590909
what is TVL?

Just buy sake ma friends

>>27591092
'Total value locked'; you can check out bao figures here:

https://baoboard.com/
google tvl and read about it

Please tell me this can go to .10

I haven't bought this yet because I'm new at defi and I'm reading the bao.finance page in an attempt to understand.

Say I buy $1k worth of BAO and stake it with $1k worth of ETH. Will that be locked up for one year, or will I be able to unstake and sell the BAO if need be? If so, what happens to the BAO earned? Does the 3 year release period start 1 year after I unstake?

>>27591237
Literally impossible, but maybe .01 if it continues to get massive hype and the integration with sushiswaps roadmap goes well. A lot of the price movement is going to be contingent on how the timeline for synth assets rolls out.

WTF WAS THAT?!?!?!
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>27591350
seething old coiner detected
scamlink can't match the power of cute tasty BAO buns.

>>27591215
Thanks anon.

>>27591305
You are able to remove your stake at any time, with a fee. 5% of your earned bao would be released when you unstake and the other 95% would be locked to the end of 2021 and then released daily over a 3 year period. With your figures, I'd recommend just buying $2k of bao and holding. IL can really screw people over and it might make sense for you to let your held baos rise in price before you stake.

>>27591350
And why is it impossible?

>>27591350
0.1 will put this at 3b marketcap so literally sushiswap marketcap right now.
0.05c maybe

>>27591359
bruh you must have just woken up if you are getting excited over that last buy. check out the five minute chart, bao has been popmping

I'd really like a deep retrace before buying some more to HODL, but I fear I'll have to do with my smol 550k stack I got at the cheap cheap price of .15 cent each.

>>27591539
my chart was set on the 4H and I was busy so I just looked at it.

>>27591504
>>27591499
>>27591434
By the end of 2021, the distribution schedule for bao would put the circulating supply at 800bn (with more released as time goes on). Some of this will be burned over time, but at .10c the market cap would be $80bn. I mean I have seen crazier things in the cryptosphere but idk

>>27591476
>>27591305
the tokenomics must also be considered when providing liquidity. I'm just hodling until the summer then I'll rethink things.

>>27590825
holding for now fren, think these littles onions have a lot more growth

>>27591476
Thanks. But could you give me some more details on this part?
>IL can really screw people over

If I bought in right now and staked $1k BAO + $1k ETH, and the price of BAO doubled by tomorrow. How exactly would IL fuck me over, and how would my initial $2k staking position look tomorrow after the price doubled?

>>27591539
>4 hour BAO chart
yeah I said wow too

he bought?

>>27591754
https://youtu.be/3Rkpa8dkYIo

>tfw I want to get into BAO but too retarded to understand uniswap
I WILL NEVER MAKE IT

here's the chart for BAO's all time volume, according to chartex pro. afaik this includes the entire time frame of the project.

>>27591874
UniSwap is rapey with the fees

>>27591874
just download coinbase wallet and transfer your coins there. uniswap is great once you learn it; i will never use a CEX again

this shits getting listed on exchanges like coinbase for sure now

>>27591913
Just looking at that there is a major dump coming. That volume cannot be sustained

>>27591949
last thursday into friday was the last time they were typical for high volume. what we have since is just unworkable. good thing I got in a bunch of shitcoins last week. phew!

>>27591738
Same anon. I'm relatively newfag so this will hopefully double one of my other stacks when I cash out!

HOLY FUCK, I MADE IT GUYS

guys they aren't onions, they're dumplings, fucking get it right or the token won't moon

>>27591638
>4hour chart
>wow

>>27592020
no it isn't lmao.
>>27592184
even if the volume can't be sustained, what's telling you it's gonna dump? there's big potential in farming right now, the buyers are going to hold for at least weeks, most likely.

>>27587490
HOW DID MY 250 TURN INTO 1.5k WHAT THE FUCK IS GOING ON. I KEEP THINKING ITS A RUGPULL . WHAT IS GOING ON.
>OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

AND RBC ASWELL.
>OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

I told u retard, porco dio I'm rich fuck gme and WSB

>>27592004
Thanks bro I will look into it

>>27592184
I think a reasonable anon could read the entire volume chart and say the user base is expanding in a predictable way, it's increasing over time. There will be a sell off, or many probably, today will have sell offs alone.
But volume increasing in this manner is usually a good sign for small alts.

>farming
There is no way this shit stays over half a cent for the rest of the year. It will dump right before the unlock. Farm a modest amount and then ride the pumps. But pure farming is gonna fuck you

>>27591866
Thanks. So what I'm getting from this is that for BAO stakers, the absolute best case scenario is not for the price of BAO to moon, but for a slow and steady price increase with as much volume as possible to maximize the fees earned which hopefully makes the fees earned beat the IL from the price increase. Would that be right or am I retarded?

>>27592236
I tried to get sake yesterday but said fuk no to the $200 fee. Good side I on boarded a co-worker yesterday and he purchased 11mill bao. Lol

Interesting times

>>27592551
Depends... surely if you're a stacklet hodling then a quick moon is best...

>>27592550
>But pure farming is gonna fuck you
keep in mind you need 1:1 ETH to BAO to provide liquidity/ farm. when the price moons you loose out on those gains everyone else gets because dumpers take the money you stake and then everyone has to wait until the pool fills up again, which could take any amount of time. including no time at all or months or forever.

>>27592482
Dio cane maledetto

>>27592551
You're not retarded... You are learning

when is the xdai move bros?

>>27592609
>I on boarded a co-worker yesterday and he purchased 11mill bao. Lol
careful with this shit man, a classic mistake made by newbs. done it in a smaller version myself. What can end up happening is that you both lose and he ends up loosing more. If he is your friend for life then maybe it's okay, a guy from work? bruh you'll end up buying ropes for each other.

Bought 70$ at 730 price, now it's worth 240$, here's to 1 dollar baobros make me rich lol

>>27592550
>He doesn't know about the token burning mechanics proposed for next month

Oh no no no no no look at this d00d!!!

https://thebaoman.medium.com/draft-proposal-staking-rewards-and-fee-burns-34299cde6d69

>>27592855
Honestly, I told him to put one eth into it to test the waters but he put all of his eth into it (got him into crypto last fall)

>>27592551
>>27592841
but perhaps not entirely correct.
I personally am not providing liquidity under normal circumstances to a token like this, but I still haven't read the entire breakdown.
>>27592626
>quick moon is best
>stacklet
>ETH FEES
on second thought...
how about anon simply buy an amount he can afford to lose and plan to hold it at least until the start of summer? as a random point in the near future. Because if he tries to jump in and out he'll get rekt in a heartbeat.

>>27592730
In 2 weeks I will be getting back 33% of my pool's worth of BAO as the immediate 5% reward, so It's not that bad. plus you get ethereum, which will continue to pump.

>>27587490
I just FOMO'd in.
What can I expect?

>>27593090
Yeah I agree, probably the best option but DYOR as usual.

>>27593287
if you're not farming, have an exit point prepared so you can at bare minimum get back your initial investment.

>>27587490
>went to sleep at 0.002
>woke up to 0.003
It's now at 0.0025
Lol this is crazy, I've gone x10 already. Imagine if it goes to 0.1 KEK.

>>27593287
Gains

>>27587490
do i stop staking at this point? -30% in IL, more or less made back my bao (locked up of course)

>>27591703
High IQ.

>>27593458
How long have you been staking

>>27593287
simply hold until summer if you can. while holding learn about the project, I don't think everyone will walk away, there seems to be genuine interest among faggy sock wearing developers.

>>27593458
https://docs.bao.finance/fees-penalties-and-funds

>>27593508
2 weeks

DARE I SAY THE START OF THE SYNTHRUSH?

>>27593668
See
>>27593604

>>27589382
>massive fall
this shit has been shilled for like 2 weeks, if you bought back then this is not even "massive". we chilling.

>>27593376
Hm
Why? Will this blow up?

Another update. 200 is now 6k
What the fuck

holy shit that's an onigiri not a dumpling you fuck

>>27594032
SELL SELL SELL

>>27594032
All chink food looks the same to me.

>>27593886
it is blowing up, but if you even try looking at the distribution model you'll understand this could lose value infinitely if the project doesn't work out. you don't want to just blindly HODL(if you're not farming)
>>27593928
when you give away the amount you have your address can be traced back. (and be tied to your ip) don't do that.

>>27591657
Agree
So we need to shill it and promote to hit at least 1b mc in Q1

PUMPING AGAIN

>buy 350k bao for 100 bucks
>wake up and have $1120

is this little onion going to make me rich? should i sell? what the fuck?

>>27594991
>spend 150$ on uniswap fees
kek

>>27594991
Should I sell ?
The project is not even out yet. We are in early Feb. Read the white paper or get rekt .

still green on the 4 hour chart.
and take a look at the 5 min. swung nicely back upwards after that massive pomp and domp

we pampin again bby

>>27595096
That's not what pump and dump means.

Should I wait for the price to go down before unstaking?

>>27595042
to sell it, or when i bought it?

>>27595198
to sell it

>>27595074
>>27595250
so buy more is what you're saying?

>>27595178
Its a pump and pump

I read like 5 comments down you keks. Peak btc in 2022 each cycle is longer. doesn't mean you wont get dumped on durring the ride up

WTF WAS THAT!

is this healthy? im wondering if i should pull out half(only put in 200 dollas and it doubled) to at least secure my investment.

>>27595298
>>27595178
actually I think its looking more like a cup and handle. but a double peak aswell? perhaps.

I hate Zilliqa so fucking much. I wanted to move my staked $2k ZIL over to BAO when it was 0.00015c, but it took two weeks to unstake. I was still able to buy into BAO at the time (900k stake, 350k hold), but I literally missed out on tens of thousands of dollars in gains.

>>27595549
>TA on 5 minute chart
bruh just stop posting TA and lurk for one more year.
>>27595392
IRON HANDS
Those 200$ can't be everything to you. if you sell on only a 2x you're gonna cry at 1 cent.

>>27595392
can you live without that 200 until summer and not count on it being there then? if yes then just hodl you bag and watch. the queers like this and they ten to predict trends accurately.
if you need that 200 to continue being in good standing financially irl then you should wait until gas goes down and cash out to pay bills. otherwise hodl and see... so much newfags don't get is the time aspect of crypto... sometimes (usually!) you must wait long long periods of time. Other time? you get lucky in your first 3 days.
In bull markets people get beginners luck literally all the time by definition. think about it.

Ok so im a farming noob who doesn't understand IL fully. I bought 20m bao when it was .0005. I staked 10m of it and have since earned 5 mil BAO. I still have the other 10m to sell. Did I make a bad decision to stake 10m to earn 5m?

>>27595658
>doesn't understand what AMM and algorithmic trading based on human market heuristics
I guess I want to make things clear, I am not saying for sure its a cup and handle. I'm simply showing the chart as a reference otherwise I would have gotten (you'd) more times than I'd like asking for proof.
The charts are ONLY for showing what happened, I stress the past tense of the word.

>>27595658
>>27595739
the only reason i need that 200 is to not make it crab when I can otherwise put it in something else. I have 4k(>why diversify so much) and I want to make it and I know this bull isnt running forever. I shouldnt be hasty, i know, im still taking it easy, but still trying to maximize.

but what do you call this two day chart?

I only had 6k in the bank, I put in 5k at 300.Should I kill myself?

>>27596161
>posting a red loss box when it should have been green.
I am retarded officially according to the state.

>>27596171
Wrong thread

>>27587490
I JUST WOKE UP
HOLY SHIT
THANK YOU CHINESE
HAVE SOME STEAMED FUCKING GAINS

I was going to buy last night. Is it too late now?

>>27587490
I MADE 100K OVER NIGHT AND I LIVE IN THE MIDDLE OF BUMFUCKNOWHERE IN THE 3RD WORLD
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>27593385
1 cent and it's 1/3 of Link Mcap
It's perfectly doable by EOY

wow my LP value was 3.3k yesterday and it's 4.7k now.
>>27598163
it is risky.
>>27599101
damn. you actually made it. I bet you're set to life with just a 3x from here.

>>27599101
Congrats, lad.

>>27595288
I depends. Can you handle the risk? If BAOMAN delivers you will be rich if he fails this will dump like crazy. Never buy more than you are willing to lose.

>>27599504
>>27599576
A toast to you gents.
I'll now say nothing and do nothing nobody will now that I made money, besides we are too early in this crypto market to cash out.

>>27599816
Nice dude. I also live in a 3RD shithole country and just made 1200 $ in a night. We are still early.

>sold 5 million at .07

>>27600029
It's a both a blessing and a curse to live here.
In a sense we don't need 10mm USD to make it but in other sense we priced out of 99% of the market and our banking sys is disgusting.
I had to go to the bank 4 times this month to unblock my account bc I did a money transfer to Binance and they thought I was washing money or selling drugs.

What’s the minimum amount of bao you have to have to make it? I got in super early but unfortunately I only picked up 20k

>>27599816
i took out my initial investment. the rest is pure profits. going to load up if there is a dip. i kind of doubt there will be one.
this lil nigga going to make me rich

>>27600424
10-50 mil

>>27587490
How do I pull my LP tokens?

>>27600559
Based.
I'm willing to hold until EOY this funny onion has potential to reach 1 cent

what does this coin actually do?

>>27601185
EOY? lol this bun has been ripping it for the last month, anons made a 100x already, and we're only 5x away from 1 cent, bitcoin and eth being bullish as well. it could get there a week from now.

>>27601185
1 cent? This will be $1 EOY minimum.

>>27601590
Do you see it stabilizing at 1 cent? Or could it still go up over the years ?

>>27600311
>bc I did a money transfer to Binance and they thought I was washing money or selling drugs.
DEX + SYNTHS = BURGERPUNK

>>27601757
>BURGER PUNK'D

>>27587490
YOOOOOOOOOOOOOOOOOOOOOO i just woke up and it DOUBLED WTFFFF I WAS ABOUT TO PANIC SELL LAST NIGHT

>>27601590
I like your enthusiasm but I have a deep russian soul so I tend to be pessimistic.
>>27601676
That would make it a trillion dollar coin anon.
>>27601757
kek

>>27588683
>he doesnt know
retard

>>27602169
>Trillion dollar coin

Can’t they just burn a shit ton?

>>27601701
who knows. it would take a lot for me to believe it isn't gonna dump the whole 3 years. just 1 year to deliver.

>>27588806
This.
Fags.

Shit. I unstake my BAOs and havent harvest what i had farmed. What now Bros harvest button is innactive

>>27592854
end of feb

>>27602757
I'll give you the benefit of the doubt. unstaking automatically harvests, same for adding stake.

>>27602519
Well.. in theory yes they could the question here is if they will

>>27599101
jesus christ. what was your initial investment and at what price point?

>>27604120
my average price is 20 gwei

glad i went from 200 to 5000 dollar

>>27604300
well congrats anon. Budget, make it last, invest it wisely, buy a girlfriend.

>>27603205
they already did, baoman burnt 2B tokens last friday

>>27587490
why are my LP tokens worth more than the actual $BAO token?

>>27605380
Because they are BAO + ETH

>>27604899
I already have a gf (she has no idea about my crypto investments jej).
I'm looking to but land somewhere with a temperate climate and live a quiet life
>>27605292
fuggen based

>>27605644
proud of you fren, I've turned 20 dollars into 400, feels good man

>>27605644
>and live a quiet life
As a farmer?

>>27606637
God bless you anon.
>>27606720
Yes. It's what I always wanted to be. Work with my hands rise with the sun and live an honest life away from all this degeneracy, eating clean food, drinking clean water and with many children.

>>27591047
300k Stacklet reporting in. I hope to have a couple mil off of farming by summer

4x from here incoming. Holding until 1cent