/biz/ - Business & Finance

>>16591090
It had potential and would have moon'd, but BTC drags everything down with it.

We are looking at a potential re-allignment for 2020. If BTC increases it'll drag the rest of the alt-coins with it.

It's still smart money, 1 roll of XTZ is automatic make it territory.

>>16591129
How much is a “roll” to you genius

>>16591189
If you took 30 seconds to research this shit you would learn 1 roll for baking Tez is 8000 XTZ.

Everything in this life boils down to getting as much xtz as possible. Give a man 100 xtz he will be set for a month, teach a man the importence of getting as much xtz as possible and the man will be set for life

they will be buying back sub 17k sats

>>16591375
its not dipping that low ever again. no chance in hell

I’m using this dip to fill my bags

>>16591090
no

Honestly, the fact that it is still hovering around $1.60 is unbelievable. this coin is based AF

>>16591189
>/biz/ autist spergs about a coin without knowing basic shit about it
yeah, not gonna make it

>>16591214
>8000
Fuuuuggg I need to buy more.

>>16592910
Why based?

>>16591090
>up 100% since October 17th
>up 40% since November 17th
>12% retrace after retestesting ATH
>is the dream dead

what part of "volatile asset" don't mouthbreathers like you get?

>>16591090
>I thought we were smart money

>>16591090
The idea of Tezos is to stake and perhaps check the price once a month. The recent growth has been great but I'm hoping we range around these prices till at least mid January. I really don't wana see Tezos bubble up and then decline 12+ months straight like Cardano

>>16591090
It was an empty staking bubble, not the first one, not the last one. Most likely it just ended, but who knows.
There's no substance yet. At best it's where ethereum was in 2015 in terms of adoption.

>>16594271
this
as much as I enjoyed seeing the price go up, slow and steady is the only pace of growth that you can rely on mid/long term
any sudden burst is bound to be followed by a retrace, and we still have no clue of where support lies since we broke out of 1.1-1.2, it's just been a climb with no rest, of course it's unsustainable, only PnD go up 10% a day for 6 months straight

>>16594299
>There's no substance yet. At best it's where ethereum was in 2015 in terms of adoption.
This is completely false. The Swiss Foundation has many STOs lined up. No one gives a fuck about dapps as a metric of adoption, we want enterprise adoption,

>>16591090
ill tell you the what i see. the crypto platforms cant compete in performance with current monetary infrastructures in place.
there is benefits to the underlying systems, but until you apply those benefits to a non centralized architecture that can compete with even the most basic existing transactional platforms, AT USE SCALE, you are never going to see mass adoption.
When it does spring into existence, lets talk.

>>16594321
STOs alone don't have network effects.
Network effects come from interaction between components. Like using tokens as a collateral in DeFi.
When all you have are disjointed tokens it's trivial for them to move elsewhere. As it in fact happened with usdt that moved nearly completely from bitcoin to ethereum in a manner of few months.
Then there's the fact that STOs alone generate close to zero fees, as they mostly just sit in place.
>No one gives a fuck about dapps as a metric of adoption, we want enterprise adoption,
This is completely wrong approach, why would existing financial companies want to utilize blockchain? It makes it much easier to compete for anyone and they're pretty happy with a hard to access market. No, in the financial sector the revolution is going to come from small newcomers, relying on normal users.

STOs become useful once everything else is in place, as then they can plug in a ready system of DeFi, but without DeFi they are very low value for the platform

>>16594326
You are also correct. I believe by next year we will seem some decent options for scaling (meme I know). We shall see

>>16594360
STOs are just the start. And to say Tezos is where Ethereum was in 2015 is complete garbage. Hell holding ETH in 2016 felt super sketchy on reflection - especially post DAO hack.

>>16594402
>And to say Tezos is where Ethereum was in 2015 is complete garbage
No, it's literally true
https://bitinfocharts.com/comparison/ethereum-transactions.html About 5-7k tx/day in the latter half of 2015
https://tzstats.com/ 24h Transactions 4,121

Except Tezos is worse because it has no mining, and its ico was even more centralized than ethereum's, as ethereum didn't require kyc. Ether holdings are getting more and more decentralized with every hour since the launch, while in Tezos 75% stake and they probably are going to accumulate most of the inflation. PoS is absolutely not an advantage so early.
The DAO etc. were good events in the sense that they made many ico buyers sell out.
Some disadvantages are almost impossible to overcome.

>>16594438