/biz/ - Business & Finance

>>25978443
>>25978102
>>25977834
>>25976478
>>25976137
Ok, fine, I'll spoonfeed you clueless monkeybrains.
GRT currently has over 1.4 BILLION Delegated/Staked GRT on the network. This is with only one staking pool and many projects still in development. Every single day that number goes up.

That's not it though - There's already 5M burned GRT and the project has only been live for a few weeks. Imagine when there are billions of daily queries - that burned number will increase dramatically.

GRT Fudders prove that they wouldn't have bought LINK in 2017 even if they had known about it. Most of the biggest GRT wallets also hold large stacks of LINK. all the OG LINK marines like myself realized that this project is the final missing piece in the Web 3.0 middleware stack.

ETH for protocol level
LINK for taking data onchain
GRT for querying that onchain data into dapps
PRQ for taking the onchain data back into Smart Contracts
Arbitrum for reducing gas prices

The only missing piece is what the ultimate financial settlement coin will be. Clearly not XRP.

>>25839044
I'm hoping we see a long bleed or crab for BTC so I have time to scoop up as much as I can under 30 cents. Slowly approach the suicide stack.

>>25627703
>>25627705
Too bad I'm poorfagging. Guess I'll hope for a swing this cycle so I can hold into the next one or two. Was able to lock down 1k to start.

>>25544621
I'll spoonfeed babbies quick:

1) US Gov just legitimized stablecoins as LEGITIMATE payment and settlement networks for banks (This is the biggest development in the last 5 years for crypto)

2) Institutions are buying, and buying in bulk. There is sell-side liquidity shortages

3) In 2017, most speculative projects were little more than white papers. However in 2021, many of projects have not only launched working products, but have users paying or are close to it. We're witnessing adoption happening, it's just not like we thought from 2011-2016 (transactional daily currency) and more like DeFi/Data/Logistics will be the first sectors to get mainstream adoption.

4) Crypto is much easier to buy and trade into now. Back in 2017, IDEX/EtherDElta was where you had to buy a lot of coins. Now DEXs make it so much more simple, even for normies.

5) the DXY is at an all time low

6) 30% of all US dollars were printed this year

Yeah, I'm thinking this is January 2017 not 2018 my friend.

Is may be just me, but doesn’t it seem like GRT is siphoning volume and value from all the other crypto bluechips in the market?

I mean eth, btc and LINK simultaneously dumped just now to prevent GRT from mooning to further accumulate.

Or am I being crazy?

Graphstronauts: hold firm lads. We aren't even in orbit yet.