/biz/ - Business & Finance

>>12593264
>Elliot wave theory
don't you mean hindsight is 20/20 lets retroactively zoom out or in to whatever level where you see the elliot wave pattern theory

>nexo
>salt
Coinloan just started shilling themselves in major crypto publications and launched a few days ago and has better model than both, tokenomics wise and business model wise.

If nexo tries to honor salt tokens, they're retarded. Circ supply of salt tokens represent over 1.6bn worth of fee payments @ 27.5 USD per token.

Imo they're stupid if they acquire salt. Maybe they're smart and are just trying to dangle the possibility in order to get Salt customers who are still waiting for their loans to notice that nexo exists, and never really had any intention of buying out salt. This would actually be pretty clever.

tfw there are people who don't listen. tfw there are people who aren't going for one of the few guaranteed short term 10x's out there (and much more in the long run), that has a working service that opened and that people started using a few days ago and whose major marketing campaign is just about to start.

tfw there are people holding ven instead as an emotional bag instead of asking themselves "would I buy ven now if I had the equivalent in ethereum value?" and freeing themselves from their heavy bags to invest in things that actually will give big gains and give gains real soon.

Dyor on pic. Launching this month.

>>8092336
>REQ will be your biggest gainer
>The thing that HAS to work for REQ to work (with fiat and cross-chain), I am more skeptical of than REQ
OK. Your opinion is probably very valuable.

>>8085188
He's a LARPer but he's also a genius and he is and will continue to be correct about the outcome every time and he will correctly guess, based on deduction and super intuition, what is going on behind the scenes, and present it as insider information.

Essentially, he might as well not be LARPing. He is so intelligent that it doesn't matter if he is or isn't.

If CL doesn't move a lot soonish, I'm going to use some of the proceeds from pic related to increase my 35K position in CL after the platform launches in early april or late march, or maybe sooner if it moons after kucoin listing in a couple of days.

Easiest 10x of your life.
Launches late march or early april.

>>8032702
Not this coin. Likely launch is early april or late march.
Pic related.
Btw, Salt Lending has a backlog of over 1bn loans they couldn't service from the US market alone on BTC and ETH alone, and their platform is inferior. If the European market has just half of that, the demand for the little circulating CLT there is will be extreme.

Btw pic related.

>>7947988
Coinloan
It's crypto collateral lending like Salt but starts in Europe then branches out instead of US then branches out and it's not shit and there's a relatively flexible p2p borrower-lender market.

Marketcap is ridiculously low right now. They have the legal licenses and fiat partners ready. All that remains is the finishing touches on the platform (there's a demo you can check out right now) and to market more heavily for awareness to crypto holders.

Pic related.

Used to write multiple post long explanations of coins. It doesn't matter. Anyone willing to read or care is willing to DYOR.

So go DYOR and get in for guaranteed minimum 4x or stay poor faggets.
oh and use my brrapp link if you buy

https://coinloan.io/? r=9743816212

I warned you fags. The circulating supply is too large and Salt was super well known so most people who will use Salt in the early days already hoarded their salt at like 3USD or less.

The demand just isn't there for a long while. Expect it to bleed a bit more and then whales will start dumping because they understand that the reality is what I just described.

After the big crash it will climb slowly due to actual demand and nu-coiners.

If you actually want "gains guaranteed by platform price in the long term" you should sell your Salt and buy pic related instead. It's currently 1/5th of platform price in the ICO and is listing at exchanges in ~ 2 weeks while the ICO is still ongoing. It won't compete directly with Salt at first because Salt operates only in the US right now and Coinloan only has a license for the EU right now. When they compete, however, Coinloan is sure to be the better competitor because it will roll out collateral choices faster and have a more flexible and directly p2p lending/borrowing market. They are supposedly ahead of the roadmap by 4-6months so launch is expected within 1-2 months max.

Oh and pic related, and also much lower supply than Salt to begin with.

Oh and also token burn.

Cap of ICO is pretty low compared to the cap of Salt Tokens. If you compare the platform value or the current value of circulating Salt with that of Coinloan Tokens, you will see that oversupply of tokens will be a far more serious issue with Salt that can significantly delay any serious platform price increases.
The other benefit over Salt tokens when it comes to appreciation is that people have seen Salt coming for a long time and the majority of those who are planning to use it already hoarded their tokens at a much cheaper price than it is now. Most demand for Salt after launch will only be from american nu-coiners. This is unlikely to be the case for Coinloan when they serve the EU market if it keeps being somewhat under the radar.

Lending/borrowing market works on an offer/bid basis. That is, different lenders will need to compete with each other on interest rates and collateral requirements.
This drives down the interest rates and makes coinloan competitive in an adaptive way for attracting borrowers/users, and thus token demand and token burn and consequently token price increase. At first, there is no competition because they are as far as I know the first to offer services in the EU market, but this can become important as it scales into other world regions.

Lending/borrowing market works on an offer/bid basis. That is, different lenders will need to compete with each other on interest rates and collateral requirements.
This drives down the interest rates and makes coinloan competitive in an adaptive way for attracting borrowers/users, and thus token demand and token burn and consequently token price increase. At first, there is no competition because they are as far as I know the first to offer services in the EU market, but this can become important as it scales into other world regions.
Initial minimum loan is set at a bit more conservative 70% of collateral, in mild contrast to Salt's 75% (harder to get auto-liquidated due to normal crypto swings). See white paper for details of how the lender/borrower market will work.

CoinLoan will accept several collateral choices at launch:
Bitcoin Ethereum Litecoin Ripple Monero Zcash Dash

Loan in following fiat currencies is supported at launch:
USD EUR GBP CNY JPY RUB CHF PLN CZK

Official Site: https://coinloan.io
Declaration of reaching soft cap: https://twitter.com/coin_loan/status/941042126485323778
White paper: https://d22bh5hhp3xpt1.cloudfront.net/CoinLoan_WhitePaper.pdf
Update where they state they are 6 months ahead of roadmap (that is, launching platform pretty soon instead of Q2 2018), and token burn: https://d22bh5hhp3xpt1.cloudfront.net/CoinLoan_Presentation.pdf

Ref link if you want me to get free shekels to buy my cats a minilambo. https://coinloan.io/?r =9743816212 space after r

Lending/borrowing market works on an offer/bid basis. That is, different lenders will need to compete with each other on interest rates and collateral requirements.
This drives down the interest rates and makes coinloan competitive in an adaptive way for attracting borrowers/users, and thus token demand and token burn and consequently token price increase.

CoinLoan will accept the following collateral for loans at launch:
Bitcoin Ethereum Litecoin Ripple Monero Zcash Dash

Following fiat supported:
USD EUR GBP CNY JPY RUB CHF PLN CZK