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File: 35 KB, 1435x770, DMG fuaaark ya.png [View same] [iqdb] [saucenao] [google]
20956834 No.20956834 [Reply] [Original]

Picked up a 10k stack of this after reading about it. Approximately how fucked am I?

>> No.20956869

>>20956834
not on binance, where can i get some without kyc?

>> No.20956995

>>20956869
Uniswap code:

0xEd91879919B71bB6905f23af0A68d231EcF87b14

>> No.20957155

>>20956834
> Approximately how fucked am I?

0%, wait for the normies to come after the app is released.

Quick reminder :
> DAO release this week
> With DAO, a vote to add USDT support (currently supports USDC, DAI, ETH)
> 2 Pilatus planes will be bought soon
> Normie app about to be released (probably 6 aug during the summit)
> Okex mTokens integrations confirmed, more exchanges to come

how that sounds, anon ?

>> No.20957180

>>20957155
This is why I bought it. Here's to living comfy fren.

>> No.20957229
File: 171 KB, 1051x677, CHad1.png [View same] [iqdb] [saucenao] [google]
20957229

>>20957180
based anon

>> No.20957287

Could you make some reallistic price prediction?

>> No.20957334

>>20957155
I think it will come after summit they are going to do some kind of pre-signup meme for whatever reason

>> No.20957335

ok so why should the DMG token increase in value? i dont want to vote or govern this DAO nor is it likely that the majority will vote on DMG buybacks or dividends?!

>> No.20957364

>>20956869
>>20956995
how convenient

>> No.20957393

>>20957155
and how is all of this supposed to be done trust less?

>> No.20957427

>>20957335
>ok so why should the DMG token increase in value?
This is what novody can tell you.
>muuh you can govern it

>> No.20957440

>>20957393
Chainlink. Very ambitious project that actually utilises Chainlink for something other than fucking price feeds

>> No.20957489

>>20957393
>>20957440

this

guess what ? sergey will speak at the summit

>> No.20957551

Might throw another 8k on this. Feeling ballsy.

>> No.20957751

>>20957335
holders receive excess revenue from the loans.

>> No.20957939

>>20957751

They don't though, voting will take to decide what to do with the excess loan revenue and as the previous poster said will it likely be DMG buyback to increase share price or will it be dividends? I hope the community votes on dividends personally. I'm very tempted to buy at least 5K but upwards of 10K myself. I'm currently all in LINK but its one of the few tokens to come out I'm actually interest. I think in a few years they could have 50 Billion or more of AUM. Once real estate kicks off the sky is the limit. Seamless entry into tokenized real estate is going to be huge in the next 5 years. It will be the bridge for retail to really start using crypto imo. I thought about buying maybe .5 LinkPool as well. Nothing feels right to diversify some of my LINK gains into.

>> No.20957963
File: 123 KB, 1232x631, 1593433180918.jpg [View same] [iqdb] [saucenao] [google]
20957963

>>20956834
Literally just used cars on the blockchain

>> No.20957975

>>20957489
Yup fireside chat with Gregory. This is what Chainlink is actually meant for - real world data to blockchains - but no projects dare to venture out of the price feed usecase until dmg came along

>> No.20957982

>>20957963
Could be profitable, I made the right choice.

>> No.20957989

>>20957939
How much link do u hold anon?

>> No.20958015

>>20957963
Imagine still thinking this. What’s next? Used planes? Used houses? They are just collaterals dumbass

>> No.20958075

>>20957963
That's cheap fud, the cars are collaterals used for the loans. They dont even process the loans, just buy the rights for them. Actually, those fast loans backed by used cars are most profitable at the moment.

>> No.20958094

>>20957989

18K LINK

>> No.20958372

>>20957440
>>20957489
did you guys read the white paper? you know they take your money out of the smart contract to buy these assets right?

>> No.20958457

>>20958372
Shut up fucking subhuman nigger
They just buy the rights for the loans

>> No.20958477

>>20958372

read this
>>20957440


retard

>> No.20958521

>>20958372
They don’t buy assets..... they bought loans backed by these assets.... know the difference dumbfuck

The loans generate interests, and if the loan defaults they possess the asset to sell it off to recover principal

>> No.20958538

>>20958372
>>20957963
>>20957440

> DMM added to chainlink documentation

https://docs.chain.link/docs/defi-money-market-chainlink-ethereum-mainnet

>> No.20958573

>>20958372
Man this dude probably didn’t even spend five minutes researching and ended up believing the dumb fud. Whatever stay poor

>> No.20958681

who actually manages these nigger car loans
you people realize its hard to actually get paid back for those right

>> No.20958717
File: 113 KB, 1359x727, Annotation 2020-08-03 191553.png [View same] [iqdb] [saucenao] [google]
20958717

look at this you all, fucking retards.

DMM IS IN THE FUCKING CHAINLINK DOCUMENTATION ALONGSITE COINMARKETCAP, BINANCE, COINGECKO ETC YOU FUCKING RETARDS, THIS IS HUGE.

THERE IS ONLY 7 ORACLES AND DMM IS IN, HOW THE FUCK DO WE NEED TO TELL YOU THAT THIS IS HUGE

>> No.20959438

>>20958717

This shit makes me feel like I'm crazy. It seems so obvious and yet DMG still feels shunned and slept on. I chalk it up to the current environment, if uniswap scams werent popping off left and right, we would be seeing more interest. In the end, I think it will be like LINK: slow to take off, but still standing once the dust settles and all shitcoin scams have gone to zero.

>> No.20959468

>>20957364
And pay $50 gas fee

>> No.20959626
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20959626

Training Supervisor reporting in.
Where are my DMG agents?

>> No.20959690

>>20959626
Senior Executive Chief checking in.

>> No.20959760

>>20959626
Im just a little junior manager...

>> No.20959836

>>20959438
Same man, it's a weird sensation to be this early, without anyone noticing it. I think that's because people are fomoing into shitcoins because "muhh bull run". Weak hands sold during this healthy correction. Smart people bought more.

>> No.20960050

>>20959760
I'm trying to get to a junior manager position before this hits $ 2, but if not I'm happy with my stack anyways.
Would be interesting to see how many early LINK marines joined the DMG agents ranks.

>> No.20960277

>>20960050
I sold and gambled with 4K of my stack and lost 75% of it. Learnt my lesson and I’m gna hold the rest of my 18k stack tighter than a newborn baby

>> No.20960339

>>20960050
Keep on it senpai, hope u get enough time.
Keep an eye on 6th august summit

>> No.20960421

>>20960277
Still some time left to accumulate enough for your manager position. However, 18k is already a comfy stack in my opinion.

>> No.20960494
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20960494

>>20960339
Thanks man. Buying LINK at 20c was my first right call; buying DMG at any price below $2 will be my second.

We're all gonna make it, agents.

>> No.20960538

>>20960421
Yea 2k won’t make much of a difference if we make it so I’ll probably just diversify into rune or pnk

Never gna gamble on uniswap shit ever again fucking yfii ruined my nice stack

>> No.20960829

>>20960494
You and me both anon

We are gonna make it

>> No.20961177
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20961177

3.5k security agent here.
Anons, give it to me straight I can take it. Is there a place for me in Citadel?

>> No.20961307

>>20961177
Of course, any agent with more than 100 DMG has a place secured. An Intelligence Officer position isn't even out of reach for you.

>> No.20961384

>>20959626
Agent here.

>> No.20961408

>>20961307
>>20961177

Every early marines are welcome.

Training supervisor here

>> No.20961617

Your target sell price?

>> No.20961802

>>20961617
never selling

>> No.20961836

>>20961617
Hold until they have >$1 trillion AUM and live off interest, by owning part of the "bank"...

>> No.20962325
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20962325

>>20961836
that's my plan

imaging doing x1000 with this and not having to sell EVER

comfy

>> No.20962650

>>20962325
Basedddd! I think I came

>> No.20963366
File: 739 KB, 1227x863, 1594088273301.png [View same] [iqdb] [saucenao] [google]
20963366

>>20958681
>Collecting on assets 200+% collaterized assets is hard
I'm beginning to realize the reason the morons fud so hard is because this board has no understanding of finance whatsoever.
>>20961836
>>20962325
These guys get it. This coin is literally the golden ticket we've been waiting for. This project is the defi end game.

>> No.20963414

DMG is backed by Sergey so you know its the real deal.. 100$ potential

>> No.20963541

>>20958521
So how does a DAO repossess collateralized assets? You’re always reliant on a single entity, that’s the issue I foresee here.

>> No.20963606

>>20960538
With all due respect man if you didn't know yfii was a scam you're too dumb for crypto. You managed to get into DMG early and all you have to do to make it is hold. Quit trying to 'think' and just hold tight.