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/biz/ - Business & Finance


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30165579 No.30165579 [Reply] [Original]

I have a big bag (750 grt) but I’m thinking about selling. How exactly are they gonna make money from searches is they only charge $0.00001 per search?

The average person searches google only a few dozen times a day. At that rate it would take years to even get a dollar in fees. Assuming they have a 100 million daily users that’s still only a few million per year.

I get that it’s the google of the blockchain but etherscan let’s me search for free, and google only makes money from ads. As far as I know GRT doesn’t tracks user data so they won’t be able to make any money from ad revenue.

>> No.30165634

>>30165579

750 GRTT!!!!!!!!! WHALE ALERT!!!!!!111! MOVE OUT OF THE WAY BOYS!!

>> No.30165687

>>30165634
OH FUCK WHALE DUMP INCOMING SELL SELL SELL

>> No.30165724
File: 12 KB, 335x345, 140.png [View same] [iqdb] [saucenao] [google]
30165724

who is this whale from yesterday? EXPLAIN yourself

>> No.30165742

>>30165579
Bot searches from large companies. Now give me your tokens.

>> No.30165776

>>30165724
is that a single market order for 140k?

>> No.30165829

>>30165776
times 1.8344 so around $250k USD

>> No.30165904

>>30165724

that was me I buyded that

>> No.30165946

>>30165579
>I have a big bag (750 grt)
In a year this won’t be a troll

>> No.30166027

>>30165946
shhhh let him learn the hard way

>> No.30166076

Google is a big company
GRT is the google of blockchain
GRT is a big company

>> No.30166300

>>30165634
HOLY FUCK! I'M SELLING MY 0.03 GRT, I WON'T LOSE ALL MY PROFITS!!!

>> No.30166311
File: 382 KB, 492x352, 1613255034266.png [View same] [iqdb] [saucenao] [google]
30166311

Never selling for atleast 5 years bros

>> No.30166485

>>30165579
I read you post thinking is was a troll, but then I realized your just dumb.

>> No.30166772

>>30166311
why not just sell the top of the bullrun and buy back in in bear market if ur gonna hold for 5 years

>> No.30166865

>>30165776
That's how chad buys

>> No.30166876

>>30166772
>just time the top
Ok thanks. I’ll go just become an astronaut too

>> No.30166946

Is this a new grt meme I’m not aware of? 750 stack lol

>> No.30166973

I'm just excited about the pump this weekend to get GRT up to $3. That'll be a nice profit for me

>> No.30166975

>>30166772
because redelegating is expensive af

>> No.30167013
File: 28 KB, 400x400, -_sjwkFZ.jpg [View same] [iqdb] [saucenao] [google]
30167013

>only 13k grt

>> No.30167274
File: 576 KB, 707x712, 1613393502499.jpg [View same] [iqdb] [saucenao] [google]
30167274

2.5k GRT whale here

>> No.30167345

>>30166772
Can a /biz/raeli help me on this one? Is it worth it to sell top of the market and take the 30-50% tax hit and buyback in lower?

>> No.30167373

>>30167013
>bought 5k at 0.40
>sold 3k literally the night before the big pump
>all because I wanted to make some short term gains before reinvesting it in GRT
>feels bad

>> No.30167392

Kneel before my 40k grt chad stack

>> No.30167459

>>30167274
Holy shit I didn't realize there were so many big hands on /biz/ watch this I'm about to pump this thing by buying 100 grt

>> No.30167530

>>30167373
Literally the only reason I made it this far is because I delegated. Literally makes you hold. You will hold for a month and you will like it.

>> No.30167541
File: 521 KB, 1004x760, 10CCF028-4A82-4D81-A97E-25EBC52CA3D7.png [View same] [iqdb] [saucenao] [google]
30167541

>>30167373
thanks for reminding me why I don't swing my graphies, would really help build my poorfag stack but way too scary

>> No.30167566

>>30166876
just use rhodl ratio brah

>> No.30167573

>>30167345
What would you regret more? Getting the timing wrong, selling the bottom, getting slapped by tax and having to FOMO back in or just holding and admittedly missing out on potential gains during dips and and peaks (again assuming you get your timing right throughout)?

>> No.30167645

>>30167566
This. Knowing about rhodl has made me invincible to Bobo posts.

>> No.30167685

you all know what we bought right anons?
>the Peter North of cumshots
>the Gamestop of Melvin Capital
>the China of airpopulation
>the Jimmy Saville of pedophiles
>the George Floyd of fetanyl overdoses
>the Kobe Bryant of helicopter safety
>the Sam Hyde of mass shooters
>the Dan Schneider of child actress footfags
>the Auschwitz of leisure centres
>the Jeffery Dahmer of serial killers
>the MyPillow of head cusions
>the Joe Rogan of experiences
>the Great Leap Forward of communism
>the faggot of OPs
wagmi

>> No.30167700

>>30167573
do you get taxed every transaction, idk anything

>> No.30167758

>>30167700
Depends on your country. Crypto-to-crypto is a taxable event in some places which is fucked.

>> No.30167816

>>30167530
>>30167541
yeah, I've learned my lesson. but I'm sticking to the plan and hodling other shit through the bullrun. I will be delegating at least 10k GRT by EOY

>> No.30167915

>>30165579
>tokenomics
lol who gives a fuck, line go up

>> No.30168031

My lil graph stock doin sumn

>> No.30168102

>>30165579

The idea is to make a relative $2 stablecoin that big stakers make acceptable money

>> No.30168289

>>30167573
just buy high, sell low. don't worry about timing the market, just remember always to sell the dip and fomo back in.

>>30167700
>>30167758
if crypto to crypto is a taxable event you can also use this to your advantage, by realizing losses before immediatly buying back in.
I have done this when I've timed the wrong and a coin dropped in price after i bought. currently I have 500usd in deductable losses on coins that later shot through the roof.

>> No.30168585

>>30168289
timed the market wrong* ffs

>> No.30168611

>>30167573
option A because im never gonna learn to time the market and train stronger hands without getting burned first

>> No.30168680

>>30165579
>How exactly are they gonna make money from searches is they only charge $0.00001 per search?
>Per search
First off. It's a query, not a search. Applications are the customer, not regular normie users. Second there are currently billions of queries being done a month with that number increasing every day. Eventually we'll get to trillions of queries a month and that's when the magic happens.

>> No.30168767

>>30165776
What's DCA? When I want to buy something, I just press Buy.

>> No.30169278

>>30168767
Just keep pressing buy every week until you've accumulated an amount you're content with.

>> No.30169311

>>30165579
>I get that it’s the google of the blockchain but etherscan let’s me search for free, and google only makes money from ads.
You are so stupid. Its not searching to find random stuff. Its indexing all the data. Its going to be used for AI programs and smart contracts. Theyre gonna be querying by the millions per contract. Im not gonna type in a search looking for someones metamask wallet with 750 GRT in it.

>> No.30169628
File: 519 KB, 2048x893, Screenshot_20210303-212606.png [View same] [iqdb] [saucenao] [google]
30169628

We have Reddit convicts delegating GRT.
Buy or sell signal?

>> No.30169719
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30169719

>>30165579
>I have a big bag (750 grt)

>> No.30169731
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30169731

IT'S GONNA DUMP ISN'T IT

>> No.30169755

>>30165579
>750
kek you got me

>> No.30169806

>>30169719
that pic lol

>> No.30169823

just tell me GRT is going 3-digits.
/biz/
PLEASE.

>> No.30169873

I have 5k. I bought 10k at 12c and sold half at 80cents. I wish I held.

>> No.30169942

>>30169823
GRT is going 3 digits.

>> No.30170056

>>30169823
Doubt it. I'd be way too rich. Let's hit $10 and reassess.

>> No.30170134
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30170134

>>30169628
Buy signal of course, the supply will be locked up in the most literal sense

>> No.30170421

>>30169823
Holy fuck I wish. If we get to $20 I'll have a million dollars. At $100 I'll have 7 million dollars and be making nearly a million dollars in delegation rewards without considering query fees. Let me dream.

>> No.30170423

>>30169628
lol based

>> No.30170644
File: 41 KB, 723x728, 1613363012434.jpg [View same] [iqdb] [saucenao] [google]
30170644

>>30169628
extremely bullish and based

>> No.30171463

>>30165579
Transfer it to hotbit and get APY without faggy gas fees.
Use this code if you do 1085073

>> No.30171579

>>30171463
>hotbit
This reminded me of the “buy Espers on yobit” meme

>> No.30171638

>>30165579
>I have a big bag
>750 GRT
(You)

>> No.30171744

>>30171463
I can smell the curry from here.

>> No.30172206

>>30171579
>>30171744
I thought hotbit was a chink exchange
How likely will they get "hacked" and make me lose everything?

>> No.30172285
File: 1.94 MB, 640x358, 1613323875855.gif [View same] [iqdb] [saucenao] [google]
30172285

>>30171463
Fuck off stinky preet, you won't feed your village off of my graphies

>> No.30172518

>>30172285
Fuck you nigger Im no pajeet
HotBit is not touching curry
https://www.hedgewithcrypto.com/hotbit-review/#:~:text=What%20Is%20HOTBIT%3F,from%20China%2C%20USA%20and%20Taiwan.

>> No.30172765

We are already at the max price we will see this year. If we are lucky we will see $3-5

I am being serious. If a fucking Binance integration wasn't enough to pump the coin, and a FTM integration wasn't enough we aren't fucking going anywhere.

>> No.30172884
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30172884

>> No.30173536

>>30172765
Literally nothing is on main net and the main draw, query fees, as a result are non existent. You'll see pumps when we see migrations.

>> No.30173800

>>30173536
We will definitely see pumps, eventually, except the token release will suppress the price this year.

I honestly think it would be a better play to hope into something with a good 10x potential then circle around and reposition in the bear market for the next bull.

>> No.30173810
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30173810

>>30173536
What about the 26 subgraphs on the home page? Are those not on the mainnet? Also can someone explain to a noob like me what is the difference between "hosted" subgraph and a "mainnet" subgraph?

>> No.30173992

>>30173810
There is one subgraph on main right now and even that I think is just their test subgraph to make sure indexers are able to allocate correctly. Everything else is still on their hosted network. As in the grt team has servers internally running these subgraphs instead of the decentralized indexers. They're waiting until things are in a good state to go live.

>> No.30174059
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30174059

>>30167685
>the faggot of OPs
Kek'd

>> No.30174091

>>30173800
I honestly believe the token drop off priced in because we all know it's going to happen. If I'm wrong and we actually dump though I'll have enough money saved to double my stack regardless. My prediction in a hat is that grt moons a week after the token release when it becomes clear that the backers aren't planning to dump and that people won't be getting the discount they were hoping for.

>> No.30174158

>>30174091
How many tokens are going to be on the open market again though? Few billion?

This is a fantastic project, don't get me wrong, I just don't see us hitting anything above $5 this year.

>> No.30174206
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30174206

>>30169731
You misspelled "pump".

>> No.30174407

>>30174158
Everyone thought that about SOL too
Anything can happen

>> No.30174429

Is there anyway we could tie GRT with SIA to join everything decentralized?
Im sure the idea of an uncorruptable internet is amazing and using GRT for queries and SIA for website hosting for cheaper than normal server hosting will make both moon respectively

>> No.30174689

>>30174158
Yeah. It really depends on what the backers do, when the subgraphs go live, how many indexers get set up, the amount of queries generated and how much demand for tokens by both dapp developers and delegators that creates? With a single subgraph it's really hard to see the big picture given that there are 8000+ soon to come. I'm just gonna hold and wait. I bought in early enough to not worry.

>> No.30174711

>>30168289
Wait this actually could be genius. So basically sell when you have a coin that has taken a big loss, then immediately buy back in and hold? Then you have a taxable event with a realized loss that can be a tax deduction.

>> No.30175077

>>30167345
>Can a /biz/raeli help me on this one? Is it worth it to sell top of the market and take the 30-50% tax hit and buyback in lower?
The taxes man doesn't have to know if when you sell you just convert to usdt(ether)/BTC. And then just buy back in.
Technically you haven't made any capital gains at all.
It's all still invested. But in a safer assets temporarily

>> No.30175106

>>30174689
Yeah I bought in around 0.50. I just think I can make a bigger play and circle around at this point. Reposition for the next bull market and Graph would be part of it.

>> No.30175153

>>30168289
This only works if you wait 30 days to buy back.

>> No.30175280

>>30174711
Yes, but only if you wait 30 days after selling to buy back. It's why I'm getting a refund of 3k this year instead of 500 or possibly owing taxes. Sold some options at a loss at the beginning of last year and totally forgot. If you sell at a loss and buy back immediately it won't count. If you wait 30 days and it's the same price or lower you can get the credit and take profit later. But this assumes you time the market perfectly.

>> No.30175471

>>30165579
I fomo'd in last night, you're all welcome.

>> No.30175743
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30175743

GRT is shit

>> No.30175903
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30175903

>>30165579
>I have a big bag (750 grt)
Get the fuck out of here.

>> No.30176501
File: 409 KB, 4288x2848, 1597913634883.jpg [View same] [iqdb] [saucenao] [google]
30176501

>>30171463
Buy Espers on yobit Sir.

>> No.30176818
File: 110 KB, 798x793, 1613621477873.jpg [View same] [iqdb] [saucenao] [google]
30176818

Delegated 5k stack
Feeling girthy

>> No.30177158

I'm starting to worry you guys I put all my money in this at $2.30 and it just keeps going down. I was really hopeful at first because it seemed like it was going up and it shot up to $2.89 but I kept holding it because everyone here seemed so positive. But then it crashed and it hasn't even broken the $2 mark again, guys what's gonna happen? Do you have any idea how fucking mad my mom is going to be when she finds out I spent the $150 she gave me to pay my license renewal fees, on crypto? She's going to be furious. Absolutely livid. And here I am watching my investment go down so far. It's not fair, it's not right. You guys lied to me.

>> No.30177200

>>30177158
In your case you should hold for years.

Just delegate and forget.

I bought at a lower amount so I’m moving on for now.

>> No.30177268

>>30177158
hope this is a troll

>> No.30177308

>>30177158
>$150
just suck some dicks you'll get that money back in no time

>> No.30177374

>>30169823

What the fuck do you need hundred dollar GRT for? A 10k stack of GRT earns 12% APY in tokens. That is 100 tokens a month.

If GRT hits 10 dollars that is 1k/mo passive income. This is BEFORE query fees are being implemented. If GRT hits a hundo I'll will personally give you 1k tokens.

>> No.30177548
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30177548

>>30177158

>> No.30177667

>>30177158
Give me your address I will give you 150 usdt so you can stop being a massive faggot

>> No.30177907

>>30177158
Just hodl retard, or sell like the weak retarded faggot you are and then when it pumps to $10 by the end of the bull run maybe then you will realize how this works.

>> No.30178044

>>30175280
Thank you anon

>> No.30178075

every 7 cents this gains i make a 1k$ why wont this fucking moon up again. i hate bitcoins boomer ass

>> No.30178169
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30178169

>>30165579
>I have a big bag (750 grt)
Kek shut the fuck up I bought 75k GRT in December and even that isn't something to brag about

>> No.30178789

>>30177667
anonfren idk if you are being real or not but in case you are one of the good ones I'll fess up, I was shitposting but thank you for the offer, it is nice to see anons even take pity on a shitposter like me

>> No.30178906

Already earned 44 GRT from staking can't wait to check this shit in 2030.

>> No.30179165
File: 993 KB, 2048x1052, Screenshot_20210304-003722.png [View same] [iqdb] [saucenao] [google]
30179165

>>30178906
Another day, another (79) dollar(s)
Just hope we don't crash. At this point I don't care if we crab for eternity. I can use my rewards to invest in moon shots every month.

>> No.30179198

>>30165579
F

>> No.30179908

I can't find the whitepaper for this piece of shit project on their website. Dump it.

>> No.30179967
File: 82 KB, 400x412, 1597167637681.jpg [View same] [iqdb] [saucenao] [google]
30179967

GRT Chads what indexer do I choose??
Feeling like a fucking nub bros

>> No.30179984
File: 675 KB, 1754x2048, Screenshot_20210304-010130.png [View same] [iqdb] [saucenao] [google]
30179984

>>30179908
There is no traditional whitepaper.

>> No.30180023

>>30179967
Protofire is a long term winner. Very active in the discord, knowledgeable, and will shoot query fees out of his dick. You can also join P2P

>> No.30180147

>>30180023
how is this random even an indexer?
and why will query fees become projectiles from their penis?

>> No.30180419

>>30180147
I'll explain later

>> No.30180490

>>30179984
how is this not bullish

>> No.30181198

How the fuck am I supposed to add this shit to Trezor suite?
I click add erc20 token, type in the address, everything is green, and NOTHING HAPPENS.
It's in my metamask account linked to my hardware wallet but it's like they aren't fucking talking to each other and I CANT GET IT OUT REEEEEEE WHAT THE FUCK IM GONNA SHOOT MYSELF

>> No.30181261

Beside the GRT. What else should I invest in?

>> No.30181316
File: 60 KB, 343x320, 1610831034838.jpg [View same] [iqdb] [saucenao] [google]
30181316

>>30181261
GRT

>> No.30181355

>>30181316
Its getting expensive. I need cheapies.

>> No.30181525

>>30181261
HBAR, RLC, XRP, FTM

>> No.30181530

>>30175280
Or buy a stable coin and wait for it to dip .0002 %

>> No.30181665

>>30181355
GRT is still cheap

>> No.30182186

just be patient and keep spreading the word about The Graph on social media/ word of mouth. We'll all be millionaires in a few years if the hype spreads.

>> No.30182257

>>30174689
IIRC on average a new indexer has set up every day or every other day, I'm not sure which. Either way this is great news.
My only concern in the pricing out of potential small/mid scale prospective indexers given the 100k buy in requirement. I think they'll lower it or set up some sort of loan system whereby prospective indexers can forgo a portion of rewards until the buy-in is covered.

>> No.30183295
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30183295

>>30182186
>>30181525
>>30181530

>> No.30184547

>>30175280
Crypto has no wash sale rule currently, it's not a security.

>> No.30184762

>>30181355
rubic and bao
Generally the more /biz/ fuds something the more successful it ends up being

>> No.30185065

>>30184762
street shitter coins
RLC is currently most fudded, it receives old link levels of fud every day every thread

>> No.30185302

I converted $2500 of bnt to grt like a dumbass and now bnt is mooning while this shits crabs for eternity

>> No.30185484

>>30185302
BNT is a fucking joke. this bubble will pop in less than 1 week
GRT is literally the google of blockchain
you did well this time now stop swinging your bags retard

>> No.30186392

The great debate is: reef or grt?

>> No.30186499

anyone undelegated?
I try to and it just fucking hangs for ages

>> No.30186596
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30186596

>>30177374
Can you give me a rundown on the best way to delegate... I have a 10k stack which means if I delegate I get 100 tokens a month? Can I delegate the tokens that I make monthly to make more?

>> No.30186810

>>30185065
thank you for proving my point

>> No.30186858

>>30166300
kek

>> No.30187777
File: 165 KB, 304x285, 1588223044736.png [View same] [iqdb] [saucenao] [google]
30187777

>crabbing/dumping week 2: electric boogaloo

>> No.30188369
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30188369

>>30187777
>7777
Welp, see y'all next week.

>> No.30188393
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30188393

>>30188369
wake me up when we reach $3 bros

>> No.30189195

When are we finally getting a search bar?

>> No.30189527
File: 2.65 MB, 320x240, 1611850732959.gif [View same] [iqdb] [saucenao] [google]
30189527

>>30165579
>I have a big bag (750 grt)

>> No.30189757

3days til dump. 28 days of delegation before rewards released. Look at when the big pump started.