/biz/ - Business & Finance

Mozarella is going to be huge

I really don't understand why this isn't priced higher. PwC publicly shilling REQ should be extremely bullish.

I honestly believe REQ was strongly manipulated before and after the bull run. Whales suppressing the price on each pump because if the price is cheap before adoption then the long term gains are much greater due to greater token burn. Then the wiki and mozz fiasco made hodlers dump.

I really believe this project will take off in a few years, just had some really shitty luck due to the fundamentals of token economics. They definitely need to shape up overall with team leadership though to get more hodlers, and whoever posted that last update needs to be fired.

>>10538120
100% manipulated. Just buy and hold

Nice just bought 100k mozzarella at LIDL prices

Pwc france deluded brainlets. Its a fucking franchise

>>10538120
wont be surprised is thats partially why it behaves like shit in terms of price action. i can understand the dump, but not THAT big of a shitfest

by the way, every single tweet from PWC makes me more bullish. imho REQ's real value is with the accounting shit. the fiat meme doesnt really seem feasible to me.

anyways ive got a small bag of 25k ready to go

>>10537953
LOL its not the real pwc its just some shit country franchise
REQ is worth 0 cents

>>10538175
Eat shit

https://en.wikipedia.org/wiki/PricewaterhouseCoopers#Request_Network

hmmmmmm

>>10538128
nice move, REQ's going down, mozzarella will skyrocket.

>>10538192
>Ctrl-F request network
>0 results found

>>10538175

PwC france is the blockchain lab dummy.

>>10538242

>>10538252
>>10538192
more deluded then VEN chinks

>>10538242
lol

Literally doesn't matter when devs have been constantly dumping tokens during the bear market. That's why the price dropped so much. I can't believe they didn't lock the tokens

fucking hell what a shitshow

>>10538120
Because I keep putting up huge sell orders every 1% increase so I can accumulate a few thousand more

>>10538629

Whale?

>>10538629
post proof or shut the fuck up faggot

>>10537953
I've been fudding REQ for a long time but this is unironically huge news. This actually puts REQ in Chainlink realm with the ability to start connecting dots, which I have been doing since they tweeted this.

>>10538821
Dumb question but how do I see transaction history on binance

>>10537953
Dude what about that Req whale with 13mm tokens manipulating the market?

>>10539057
dude anybody with 100k can manipulate the market now

>>10538120
Normies don't understand what pwc is and why it is important or what auditing is or what tripple entry accounting is for how automated taxation, like automated vat payments matter.

Crypto prices are largely set by dumb money.

Well, dumb money (tron) and manipulating whales (manipulating things like link and req and accumulating ever more).

Just bought 100k. Easy money.

>>10539135
Same, unironically.

>>10539118

Very true. I'm an auditor and we've been up to speed on the impact od blockchain tech projects. The impact is revolutionary and will change my profession. The main focus will not be on substantive audit procedures anymore, but more on value added tasks like internal control improvement, consulting, business valuations, operational audits to impove processing and removing bottlenecks in production, ect ect.

This video isn't accounting related but everyone should watch Chapters 3 & 4 for a glimpse of the future.

https://www.youtube.com/watch?v=QX3M8Ka9vUA&feature=youtu.be&t=29m11s

Remember what happened with vechink and pwc gook?

>>10538968
I always assume, anyone who takes more than 30 or so seconds making a FUD image, puts effort in for some reason
A simple Req logo over monkeys would be effective

>>10539294

Completely different partnership. Vechain was using PwC for financial services. REQ is corroborating with PwC to create a new product.

>>10539307
It's not FUD if it's the truth tho

>>10539283
>auditor
shitposting on /biz

>>10538455
This is the biggest red flag about the project in my mind. The ICO was for raising money, and they raised something like $30M. Why the fuck are they dumping their own tokens in the first year, before the project is even finished? The $30M raised was for any operational expenses they might encounter. Why are they holding onto ETH and selling REQ to fund operations?

The point of ICOs is to raise money for your startup. Most of these startups are run by stupid people though who used the ICO to raise ETH. Very few were smart enough to actually convert the ETH to cash when closing the ICO. Now ETH is 1/3 of what it was when all these companies raised money. So it's 6 months later and their burn rate has only been increasing...but their startup cash is now less 1/3 of what it should have been worth. Can't wait for all the scammy projects to go under. Really shouldn't take too much longer...

>>10540294
If you're holding, or thinking of holding a token than held an ICO, ask them if they cashed out the ETH raised. Also ask them how much cash they still have on hand.....
You'll find that few want to talk about it and most only cashed out some of their ETH to pay dev salaries.

This space is going to be littered with dead startups before long. We're get to start seeing them dropping like flies...
This bear was badly needed.

>>10540381
this space is similar to hyip meme 10 years ago

>>10538242
>4 by 5 bingo
>only horizontal bingos possible
how the fuck am I supposed to play this shit ahahhahjahah

>>10540570
4 by 4 bingo I’m retarded reeeee no free space reeeeeeee

>>10540294
I mentioned the devs dumping Req on us on the subreddit and got downvoted by the cultists.
Let those brainlets hodl to 0.

>>10538120
Because a partnership with pwc france is not the same as being partnered with pwc. It's a shill tactic that's been used long before crypto.

>>10540604
The problem all started when you went on reddit in the first place faggot

>>10540294
The devs have not sold any of their REQ and they've proved this before by showing the dev wallet. The REQ that got added to the market were given to dapp developers. Once they have that it's of course their choice if they want to sell it or not. This is weaaaaak fud.

>>10540658
Yes but the PwC France website explicitly says they are the PwC global blockchain development branch... so this is for PwC global, it is exactly the same as being partnered with PwC. At least fucking read before spouting this garbage.

>>10538968
Kek nice

>>10539307
Kek I also wanted to make something like this. Not to fud to accumulate more but because they fucked everyone over.

Just look at this team, is this the next PayPal? No seniority what's so ever.

>>10540793
This explanation kinda just shifts the same view to a different angle. Anyway...I thought they were going to give daap developers ETH that was raised in the ICO? Maybe be I misunderstood the update where they explained that, but I don't understand why wouldn't they do that? They are paying daap developers to contribute to their project....this is an operational cost....why are they paying these costs in REQ and not in ETH or USD that they raised in the ICO? It's not like these are partners they are bringing on and offering an equity deal to.

>>10541157
At this point they probably just wait it out for another half a year, then say "Well we tryd, but it seems there is no demand for our network, we will stop development".
And then they'll be off with the 80k ETH.

>>10541230
Yeah, it seems like that's where this is going. I mean the platform they committed to building isn't that far off is it? It's been a long time since I've looked at their roadmap, but from what I remember it seemed like they wanted to focus on the core of the vision and then let other developers build out the REQ ecosystem.
It was my understanding that they would be offering 'grants' to developers who wanted to get involved which would be paid in the ETH raised at ICO. This other anon is saying they're paying in REQ though....so who knows. I don't really care enough about this project to look into it any further....

>>10541230
As a startup, REQs burn rate is probably pretty low. I mean for hell's sake, they moved to Singapore because it's cheap to live there and they can keep costs down. Those guys have had a pretty good plan though desu. Spend as little as possible of the money raised while working on the project for a year or two....after that. Call it done and walk away.

>>10541428
>Singapore
>Cheap

Choose 1 anon

>>10541502
IDK...Singapore more expensive than France?

>>10537953
Agreed. I hold 108k.

>>10539261
>>10539283
CPA here, worked for Deloitte +10 years.
TAB > REQ
Don't miss the train to the moon boys!
https://www.theaccountingblockchain.io/

>>10541830

What is TAB's competitive advantage?

>>10541830
lmao, nice pajeet scam