/biz/ - Business & Finance

this coin is not fucking dead bros, if we arnt at least 30c by the end of march i will concede its a dead coin and dump the price to 0.03c at which point john will dump his entire stack making the price 0.0000001

>whitepaper update by end of next week (currently doesnt include wsta)
>dashboard this month (new guys working on it with proven record of successful software development)
>video marketing this month (this has obviously been in the works for a while now, dealing with youtube shills takes time)
>more articles this month (bitcoin article was pretty successful

https://news.bitcoin.com/statera-a-global-deflationary-asset/

one more run at the strap brother

>>26569396
Statera has some of the worst memes I've seen

>>25708608
Because ONE dedicated Statera autist has access to Illustrator. That's literally it.

>>25666790

Just pooled
>tfw top 5 pooler

>>25075280
Nigga pull up yo pants, that meme took me all night to make in Corel Studio Draw 4. Maybe you'll prefer one of the other 900 Statera memes I've made this week?

>>24985134

> Back to 7 cents

Looks like we beat the fud, lads.

inevitable

>>24639608
actually its a 4c stable coin right now

>>24580439

>>24538263
you dumb piece of shit, its literally outlined for you in the whitepaper

market cap = supply x price

As an example for 5,000 supply at $2: $10,000 = 5,000 * $2

Whenever STA is traded between wallets, 1% gets burnt. Now let’s assume two things:

1- Volume of 50,000 STA gets traded, causing 500 STA to get burnt reducing the supply to 4,500

2- Ignore the demand/price force for STA’s utility (for now)

Since we are ignoring demand, the market cap will remain the same. This burn will therefore cause price to increase:

10,000 = 4,500 x p, which means price should theoretically be pushed to 2.22.

This price increase will cause the STA value in Balancer (or Phoenix) to increase, forcing the pool to rebalance. Rebalancing means selling STA and buying the other 4 coins to keep the percentages as initially agreed upon (50 ETH / 20 STA / 10 BTC / 10 SNX / 10 LINK). Now remember, selling STA will cause STA to be burnt again (supply decreasing), causing a ripple effect: the cycle will keep repeating itself at a decreasing rate, even if no further human-triggered trades happen.

>>24511341
I heard by the 28th, where'd you here the 15th?

Best fucking memes

Statera Thread
Dashboard Coming EOY
$1.38 EOY
Fuck FUD
Fuck PIGERZ

Oh, You're Approaching Me?