/biz/ - Business & Finance

>>24403539
Literally fits the description of a ponzi perfectly.

>>24351679
Statera fits the Ponzi way better than your average crypto

>Unregistered Investment
Is a DeFi coin, rugpulls everywhere
>Complex and Secretive Strategies
The Statera ecosystem is way too complicated for your average crypto normie to understand so they just assume it’s good
>Unregistered Sellers
Dev team is nearly completely anon and refuses to disclose the multiple GitHub accounts and their identities
>Issues With Paperwork
They got hacked, and the updates keep getting delayed. They even admitted in the TG that the Dashboard is harder than it looks like. The Dashboard, it’s a psyop. The reason it has taken so long for them to develop it is because it’s mostly to milk new investors from the hopium that dashboard release creates when in reality it means nothing.
>High Returns Constantly
Read any financial report. They claim the fund has made an average of 100% APY topping at 1000%+ APY. Average in this scenario is equal to consistent for that time period and that is clearly intended to be used as a number for future returns.
>High Returns with No or Little Risk
Same thing as above. Good day for STA”, ”We will all make it”, ”Week has been going great for the STA team” yet nothing has happened since August.

They still hold a massive part of the supply. Big enough to sell and make price tank 50% in an instant. Imagine price was $16, and they could sell and instantly crash the price to $8. Tell me, is that a ”small portion”? They refunded STATERA tokens after the hack, that they originally had when they created the project. Not a single penny of real money was paid from their own pockets. Bitcoin is used for most payments. Ethereum is critical for many transactions especially in the DeFi space to exist. Chainlink creates an interconnection with the outer world and the crypto world. What does Statera do? Uh, ”print money”. Again, it doesn’t solve anything. It is literally another Bitconnect and this is a classic argument of a Ponzi.

>>24351291
>it solved no problem, it literally has no use-case lol
>dashboard only took 4 months to implement. Something a group of intelligent pajeet scammers could have thrown up in a day or two
>they refunded the hack in statera tokens, not in real cash. The price of sta was 1 cent and they refunded 2 millions worth. Now they still have 2 million sta left but the price is 4 cents. They profited off of this hence why they did it
>its a 3M marketcap shitcoin. It would need a 350x(from here, after it already has done a 10x) to make it to top 100 after everything else has done a 10x. So a 3500x in total. Will quite literally never happen
>no, the holders are dropping, its a sign of a dying project. Also the amount of holders is closer to 4k than 5k, why lie?
>looking at the chart I can see its a classic defi pump and dump that is in no way correlated to the rest of the market (how ironic, for the crypto index am I right?

You fell for the biz scheme. It literally is a Ponzi if you didn’t figure it out yet lol...

>>24182383
>Unregistered Investment
Is a DeFi coin, rugpulls everywhere
>Complex and Secretive Strategies
The Statera ecosystem is way too complicated for your average crypto normie to understand so they just assume it’s good
>Unregistered Sellers
Dev team is anon
>Issues With Paperwork
They got hacked, and the updates keep getting delayed. They even admitted in the TG that the Dashboard is harder than it looks like
>High Returns Constantly
Read any financial report. They claim the fund has made an average of 100% APY topping at 1000%+ APY
>High Returns with No or Little Risk
Same thing as above. They (especially Megan) keep feeding the TG hopium saying they will all make it and someone claims there is basically no risk in it

Notice how everytime I show up with valid points how Statera very much resembles a Ponzi, the Pajeets create a new thread and let the other thread die. That's how true fraudsters operate.

>>24165518
Statera is a ponzi. Fits the criteria perfectly and the deflation has no use case other than allow early investors to dump on newfags

>>24146386
I was down 30% when I bought at 10 cents and held to 7 cents, luckily it pumped back to 10 cents so I could get out for a breakeven. I’m just pissed that these guys at Discord keep luring newfags in.