/biz/ - Business & Finance

>>23956675
The crystal ball brings dark tidings, anon. STA is quite possibly the worst shitcoin I have seen in all my years as a gypsy fortune teller on /biz/.
>1) It isn't an index fund, because it includes the token in the balancer contract. Therefore, there is no reason to buy STA when you can buy the individual coins and save 25% of your money in doing so.
>2) You don't have any claim on the underlying pool. The assets can, and will, be withdrawn at any time.
>3) Deflationary does not mean an increase in the marketcap. It *only* means an increase in the price of each individual token. This allows developers and whales to rake in much more profits when they dump on new buyers. It also means the coin dumps harder than others.
>4) Anonymous nigerian developers
>5) The "hype" event is a dimple dashboard, which any first year CS student could make, and yet they still haven't been able to do it after 4 months

>>22934865
Not a scam. It will be .55, but not before 2023. And by then, it will no longer be top 4- it'll just be going up because everything else is.

>>22934868
Not a scam, however is no longer the best solution at fulfilling its own usecase. Will not die but will never moon, ironically.

>>22934979
The ball tells me secrets, I just repeat them. It says SURF is a scam, a rugpull will come, and kleros will be indirectly hurt. Take that as you will.