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/biz/ - Business & Finance


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51432265 No.51432265 [Reply] [Original]

Reminder that when GMX first came out back in Sept 2021, the entirety of active /biz/ posters were shitting on the project (because the team refused to pay Indian shillers to make memes or spam twitter).

>> No.51432313

The low IQ people shitting on GMX were the GNS bagholders who got reeled in by a LARP oldfag post lel

>> No.51432376

Is GMX still a good buy?

>> No.51432423

>>51432313

Yeah, I've noticed that almost any time GMX threads pop up here. The GNS people pop up to say how it's the superior project.

Meanwhile GMX is surpassing binance in terms of fee collection

>> No.51432452

>>51432376

It's like what, $47 at this point? It's probably the equivalent of buying bnb now - a solid blue chip, that might 2x or 3x over the long run, but the days of 10x's are gone.

I think the real benefit of holding GMX is the accumulation of staked fees (eth and esGMX), as well as the multiplier points you generate over time.

>> No.51432601

>>51432376
No. If you haven't noticed, there's been a massive uptick in shilling GMX on this board. Someone is hunting for exit liquidity.

>> No.51432651

>>51432265
Most of /biz/ still doesnt know about RPL although it has gone up similar to GMX in the same time

>> No.51432671

>>51432313
really goes to show how a big marketing department can pump shitcoins, remember OMG? They want short term pump and profits to dump on retail after 6-12 months then rinse and repeat.

GMX is not wasting money promoting their platform, they are building a solid project for the long term. The revenue they generate only gets bigger and anyone who thinks $47 is high when 90% of top 100 coins are useless, are never going to make it

>> No.51432676

>>51432265
I bought GMX at 13 and I'm beyond comfy, this will be legit a 50 billions mkcap project and you will see $4000 per token before 2025.

>> No.51432692

>>51432452
GMX will have a bigger mkcap than UNI, derivatives markets have more volume and GMX generates fees (unlike UNI).
UNI top mkcap was 40 billions in 2021.

>> No.51432693

>>51432601
I shill both gmx and GNS. Imagine a protocol that actually makes money....in crypto. Groundbreaking.

>> No.51432697

>>51432601
this was because arb upgrade that happened. A lot of arb projects were shilled.
Just wait until they announce their airdrop right after eth merge

>> No.51432705

>>51432265
Def accumulating this one when we bottom at 8-12k btc

>> No.51432835

>>51432705
The only bottom will be you as you squirm and struggle while your bum is filled with hot cum

FUCK GMX, or should I say GAYMX, GNS will win, almost at 100 million daily volume, just wait till arbrituim

>> No.51432995

>>51432452
I agree with this anon. I park money in GMX because the value will revert to the mean eventually because the staking rewards are generated from actual use and revenue.

Also, go use GMX and see how well it works. I like the idea of GNS a lot but I can't get it to work right for me.

>> No.51433012
File: 358 KB, 220x124, 1656940072521.gif [View same] [iqdb] [saucenao] [google]
51433012

>>51432265
>which ones are people actually paying to use?
>just sum up fees, so higher fees = higher ranking
that's not good, Ranjesh

>> No.51433167

>>51432995
>>51432692
>>51432676
Fuck your mothers. Fuck GMX. FUCK YOU.

>> No.51433424

>>51433167
>-66% from ATH
lmao gay ass faggot GNS queer

>> No.51433497

Arbidoge to rule them all.

>> No.51433505

anybody remembers gmt tho? lol

>> No.51433549

>>51432265
>entirety of active /biz/ posters
post screenshots.
it's all archived

>> No.51434234
File: 49 KB, 576x730, 7C2690DD-C997-4030-B7AB-838B1BAEFBAB.jpg [View same] [iqdb] [saucenao] [google]
51434234

i dont get the low IQ in these posts…
how are high gas fees a flex? isnt the goal now to reach low gas fees
>bu bu but transactions
GMX daily active users and transactions are shit
compare them to that of Polygon and they’ll get dwarfed yet Polygon has accumulated only a tiny fraction of the fees displayed in pic related
thats a real flex. not high gas fees with no context you dumb fucks

>> No.51434309

>>51433424
Zoom out and try having a break from all that sucking and getting fucked. GNS only getting started slag

>> No.51434328

>>51434234
Retard, it's the fees generated which go to liquidity pools and GMX holders, not gas fees which is why it's absolutely bonker.

>> No.51434341

why do GNS jeets shit up the GMX threads, nobody gonna use curry chain (polygon) get over it.

>> No.51434368

>>51434309
I'm already x4 from my initial investment and going to be x400 by the time I'm done. Meanwhile you're underwater in a project with not even 15 millions in TVL, seethe more.

>> No.51434396

>>51434368
Oh yh? If im underwater (which im not), then you're under cum!

>> No.51434413

>>51434341
Only a true jeet like you would want to supress the better project from your fellow biz brothers. Fat j