/biz/ - Business & Finance

Feels good

>>19804092
u dumb degenerate scammers did buy melon, didn't you?

tfw been accumalating melon for the past 3 months due to great day trading skills and superior researching abilities i was raised by wolves kicked out at age 8 but pulled myself by the bootstraps so hard i went to harvard and then started my own business that i can't talk about here for obvious reasons, but long story short i just made 3 million dollars on top of my 30 billion dollar net worth and i fucked ur mom bitch

>>19804104
>PnD dhiycoin flavor of the week that already has -90% since ath
>exponential growth

pick one

>>19804143
SILENCE, WHORE

>>19804143
>90%
Nice math faggot

>>19804092
Explain to me how STA could be worth that amount if it is designed to always be 20% of the portfolio? Are you assuming that btc/link/snx/eth do a combined 8x by the end of July? Any spikes will be sold down by Thanos to regulate the 20% rule.

>>19804166
Pic related, plus STA is about to enter its own hype cycle due to a series of news events that will thrust it into the spotlight, transforming it from a /biz/ autist gem to a normie fomo magnet. The audit will be released this week, followed by listings on multiple exchanges. It is insanely early. It hasn't even been listed on CoinMarketCap for fucks sake. Once normies get wind of the first crypto index fund, selling for mere pennies, they will line up in droves to load up on it. You have all been warned excessively, and soon the staggots will inherit the Earth.

>>19804166
>>19804226
Wrong pic related. I meant to attach this.

>>19804226
Fine, but what happens when STA does 30% and btc/eth/link/snx are flat? It gets sold down to buy more of the other four. It’s a great long term option but any price hikes outside of the market movements will be hammered down by Thanos.

>>19804234
So just hold btc then. STA is hedged BTC at this point.

>>19804240
Not really. A price hike will mean sta is sold to balance the index weighting. But then of course any selling will mean its bought back. What this means is STA is really got a solid backup to avoid any major drops. It's designed so it will bounce back. Sta is deflationary so is constantly getting more scarce. Less sta will be needed to balance the index. Plenty of room for sta to rise considerably in value.

Today is a good day.

If it breaks below that green line this coin is dead.
I have enough sta to make that happen.

>>19804166
Do you actually understand how balancer pools work?

>>19804248
Nah. STA is 5 million market cap, BROTHER. It has asymmetrical upside. This is trading 101. Come on.

>>19804092
Based. Imagine this but with crypto market that is 10x faster, plus fund is deflationary, instead of us fiat monopoly money. We just cant lose

>>19804438
Thanks for your selfless donation brother. We will honour you at $10. His name was Stupid cunt...his name was stupid cunt...his name..

>>19804438
Please, I missed the dip that lasted for a millisecond a few hours ago. I was asleep. Please do it.

Was not planning to sell though

>>19804438
>>19804853
I have enough too (just shy of 400K). I'm not selling until $10

>>19804853
I dont care if its you or someone else. I just want more cheap STA damn it.

>>19804092
I just reported your comment.

FAQ
>What does this mean?
The amount of reports (mods alerted btw) on your comment and IP address has increased by one.

>Why did you do this?
There are several reasons I may deem a comment to be worthy of a report. These include, but are not limited to:

Rudeness towards other 4channers,
Spreading incorrect information,
Sarcasm not correctly flagged with a /s.
Being Canadian

>Am I banned from 4chan?
No - not yet. But you should refrain from making comments like this in the future. Otherwise I will be forced to issue an additional report, which may put your commenting and posting privileges in jeopardy.

>I don't believe my comment deserved a downvote. Can you un-report it?
Sure, mistakes happen. But only in exceedingly rare circumstances will I ask a moderator to undo a report. If you would like to issue an appeal, reply to this post and send me a message explaining what I got wrong. I tend to respond to 4chan replies within several minutes. Do note, however, that over 99.9% of report appeals are rejected, and yours is likely no exception.

>How can I prevent this from happening in the future?
Accept the report and move on. But learn from this mistake: your behavior will not be tolerated on 4chan.org. I will continue to issue reports until you improve your conduct. Remember: 4chan is privilege, not a right.

>>19804883
suck a dick

>>19804883
Announcing a report or sage is actually not allowed.

Oh shit. If you are in profit get out now. THIS IS NOT A DRILL

Going to pump hard again.

>>19804092
Someone post that chad new paradigm cycle pic

>>19805444

>>19805444

checked
>>19805619
saved

>>19805619
based

Bagholders. You failed to sell at the right time and now you wait for one last pump

>>19804092
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>19804438
It won’t die because of a sell off.

Imagine thinking an index fund will moon. They are designed to be safe investments

>>19806624
This.
>>19806565
It's not a pump, it's just slowly going to rise as any other index fund.

>>19806624
The investment is looking to be sexy. But compared to your average index fund the assets in it are way too volatile. It won't last long if we're headed towards a bear market

>>19806624
It will be safe investment for slow gains eventually. But that will be when we sit at comfy billion mc, now there is still way more room to grow.

>>19806793
Price would be over 10 dollars. It’s possible.

>>19806766
You are right it would be kind of shit if it came out in 2018, but I think we will slowly enter the next bull cycle. I think s2f model for btc is correct

>>19806824
Yep. Perfect timing. Also HEX has a MC of 600 million. We can attain that

I don't get how this works. The website is terrible and lacks real information. If 1% of the coins transacted are destroyed per transaction, and no more are minted, won't this coin eventually disappear? There's less than 100mil in supply at the moment.

>>19807038
How would you reach zero coins?

>>19807038
The more we go up in price and the more buyers there are, the burn rate still at 1% will start to decrease because less amounts will be sold or bought

>>19807082
Because it's 1% of the transaction, per transaction, not of the total. I get that 1% of 10 is 1 = 9, 1% of 9 is 0.9 = 8.1 and so on, so you could never run out like that, but this is different right?
This is of each individual transaction. Okay you won't ever be at 0 but within 5-10 years the circulating supply would be severely diminished. And increase in price such as >>19807083 suggests only slows this down, it doesn't stop it.
This is ignoring people losing their private keys and tens of thousands of the token being lost forever.

>>19807153
And combine that with the bot that has to buy STA.

>>19807153
You wouldnt be trading 100000 of coins in single transaction by then. Lets say there are 10 million left in ten years and one worth hundred dollars. You are just trading smaller number of coins its divisible by 18 decimals anyway. Like for example now people usually buy 0.1 btc not 800 btc, so it doesnt really matter, but it incentivizes people to hold sta

>>19807268
Hmm. Okay. I'm going to buy 1000 as a suicide stack for the lulz/fomo, cheers.

>>19807294
Based

>>19807294
I wish I did this with LINK when it was first shilled here. Occasionally there really are gems here. I'm certainly not missing my chance again with this one.

>>19807329
>gems
its pronounced shitcoin

>>19807358
I've never bought LINK and I now have some thanks to STA and the balancing pool. Are BTC, ETH, LINK and SNX shitcoins too?

>>19807294
Based, the only difference between STA SS and make it stack is timeframe