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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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22056016 No.22056016 [Reply] [Original]

>people are starting to notice...

>> No.22056469
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22056469

But /biz/ is still blind

>> No.22056693

Now that's dissappointing

>> No.22057020

REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE ANSWEEERRRRRRR MEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.22057064
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22057064

>>22056016
*chirp chirp*

>> No.22057074

>>22056016
There's not too many DMG fans here.

>> No.22057081
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22057081

I sold 2 YFI for this POS the other day. Then I read about the daily token release over the next year, starting November. Hope it'll keep the price at current levels for comfy accumulation until they can truly set up the business model and get it going...

>> No.22057127

>>22056016
there isn't that much money deposited into dmg, usually defi platforms token prices are directly corrolated to that. how will you justify a price tag of 250 mil for example if there's only 8 mil deposited?

>> No.22057250

>>22057127
not fudding, genuine question. i'm considering buying a bag.

>> No.22057273

>>22056016
>6.25% return
>backed by used car loans
No thanks but I hope you all make it

>> No.22057312

>>22056016
They need a better logo.

>> No.22057444

Is it on non garbage exchange yet?

>> No.22057518

>>22056016
ok zachary

>> No.22057574

we're mooning lads

>> No.22057694

>>22057574
I'm convinced only once we break $1.50 and this isn't just generic market movement (MACD, RSI, etc). If we dump again, then that's that.

>> No.22057785

This is like rsr but with stable interest? Am I simplifying it correctly?

>> No.22058583
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22058583

what is the suicide and make it stack bros

>> No.22058745

>>22057444
FTX

>> No.22058777

Gonna sell now and buy back at $1 support. GL lads.

>> No.22059122

>>22057273
this is next wave anon. ffs, everything else in defi is simply backed by leveraged positions. it's a house of cards. we're all making money today, but remember DMG when it starts to fold....

>> No.22059139
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22059139

if you know, you kys

>> No.22059620

I have 4k of these, is that enough to make it?

>> No.22059650

DMG is heavily manipulated but will probably be an incredible long term hold if they manage to tokenize real estate. Even per the slid Sergey recently showed real estate is like 280 Trillion in value that hasn't hit the blockchain at all. They need less than .05% as AUM and it will would 100x from here if I remember correctly. Not to mention the ridiculous amount of excess interest either as burns or dividends. It might take 3-5 years though I honestly have no clue how fast they can hit 1 Trillion AUM.

Also this is the 2nd most common hold of LINK holders something around 20% also have DMG bags. I'm not shilling I haven't bought yet but I probably will. I really thought it was going to dip just under $1. Oh well there is one other project I'm accumulating before it.

>> No.22059709

>>22059650
What is your other project?

>> No.22059736

>>22059650

Anyone have the Stansberry breakdown I think it was called over DMG. It was seriously informative and I swear I saved them but I don't see them anywhere. They said it was a strong buy under $2

>> No.22060142

>>22058583
50k make it stack
5k suicide stack

>> No.22060177

I will use my DMG to farm BREE

>> No.22060230

>>22059736
i have it at home, will post later. they did say strong buy under 2

>> No.22060456

>>22060230

Excellent thanks I'll be looking for it.

>> No.22060506

buying this coin is stupid as fuck.

According to THEIR whitepaper, the token price should barely move.

Only if TRILLIONS of assets get under managements, then the price can x10.

lmao read a fucking paper guys

>> No.22061337
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22061337

>>22059736
Here you go.

>> No.22061377
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22061377

>>22059736

>> No.22061432
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22061432

3

>> No.22061473
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22061473

4

>> No.22061511
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22061511

5

>> No.22061548
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22061548

6

>> No.22061606
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22061606

Seriously, whoever reads this and doesn't get at least a suicide bag is a complete retard even for /biz/ standards.

>> No.22061692

>>22061606
Based as fuck thanks

>> No.22061695

>>22061606
How much is a suicide stack?
1k?

>> No.22061752
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22061752

>>22061692
You're welcome!
Manager reporting in btw.
Where are my DMG Agents?

>> No.22061755

>>22057074
People are chasing pumps that's why. DMM is the sleeping giant we waited for 3 years.

>> No.22061792

>>22061755
it's already 50m cap relax

>> No.22061796
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22061796

>>22061695
see here: >>22061752

Try to get a into a Security Agent position.

>> No.22061860

>>22061752
Training supervisor here, agent.
At what price did you join the CIA to become a manager ?

>> No.22061882

>>22061796
>>22061755
I really hope the token unlocks and planned extra public sales can contain the price or stop it from exploding too fast....

>> No.22061894

>>22061792
That's what I mean

>> No.22061927

>>22061882
I'm already priced out at these prices desu, I will sit on my 10k stack I bought around .5

>> No.22061969

>>22061860
Around $1.05; tried to get in on the sale on mesa with USDC which unfortunately didn't work (fuck mesa).
Better late than never I guess.

>> No.22062029

>>22061969
Better this than fat fingering orders like this pre sale retard

Gj anon

>> No.22062089
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22062089

>>22056016
can someone please explain how the addition of yield farming DMG will not drop the price for existing holders? lowkey pissed as a VIP zoner

>> No.22062099

>>22062029
Thanks; we're all gonna make it fellow agent!

>> No.22062134
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22062134

>>22062089
for those confused what vip zone is

>> No.22062182

>>22057273
Backed by a 2005 200k miles Ford Taurus with all options valued at $10,000

ALL IN

>> No.22062463

>>22062089
>>22062134
Yield farming didn't seem to hurt other projects that integrated it, so why would DMG's price suffer?

>> No.22062634

>>22061695

If they hit 1 Trillion AUM 5000 is more than enough. It would probably be like 1000x on the token itself and 200K annually though excess dividends or put towards buy back and burn. I want dividends personally hopefully the community votes that way as well.

>> No.22062711

>>22057273
That is true currently but their plans are real estate and if they manage that in any meaningful sense the token is invaluable. Tokenized real estate will probably be one of the first huge use cases for DEFI representing tangible assets.

>> No.22062994

>>22062463
>Yield farming didn't seem to hurt other projects that integrated it, so why would DMG's price suffer?
have you seen what happened to CRV?

>> No.22063079

>>22062634
I would rather prefer a token burn since dividends are making DMG a security which brings a lot of regulatory hurdles.
Also a token burn would be much easier to handle tax-wise.

>> No.22063145

>>22061752
Senior Redacted reporting in

>> No.22063149

>>22062994
lmao; just took a look at the CRV chart.
Well, since we didn't pump as hard as CRV we also won't really dump with yield farming imo.

>> No.22063209

>>22063079

Its going to probably be a security anyway and seek SEC regulatory approval I'd imagine with what they are trying to accomplish. They are a bridge between DEFI, tangible assets, and trad markets.

>> No.22063304

DMM was always a scam and always will be. Theyve already doubled their raise just by stealing your ETH in exchange for old car loans.