/biz/ - Business & Finance

>>21615125
they want a bigger dip so they can stack bags too, but if you dont already have STA by 2024+5-9, cant help ya

I’m honestly amazed by how effective all this FUD was. It’s almost like people don’t know anything about index funds..

They panic sold after the crash at 0.01 and FOMO’d back in at 0.4

It’s the natural cycle of retards. Buy high sell low and fud because you’re angry to yourself.

>>21615125
>maybe if I shove my fingers in my ears I can go into my safe space and ignore all the red flags oldfags are showing me

>>21615576
dyor retard

>>21615125
Discord trannies wanting to scalp profits by trying to force the price down to buy in lower after they sold. It wouldn't be effective and they would get rekt if people held instead of selling after the price dips

>>21615125

>>21615125
This coin is a fucking terribly obvious scam. It needs an active community behind it to get anywhere and it's hard stuck at 4k wallets and low volume.
It'll be a slow death.

>>21615605
>Measuring value in fiat

ngmi

>>21615667
>hard stuck at 4k wallets
It was 2500 a week ago

>>21615605
imagine getting paid to write a FUD novel

also you spelled 'caused' wrong

>>21615597
Retards like you didn’t have the brain power to spell out ‘where buy bitconnect’ so they name changed to statera. I have to say it does roll off the tongue quite nicely and easy to spell too

>>21615694
Imagine not knowing how to do simple math. Bet you fell for the college STEM meme too right

>>21615125
To anyone on here for more than a day it should be pretty obvious it's baseless fud. Each time an argument gets btfo they shift goalposts.

>>21615755
>i'm le oldfag xD don't buy this coin I want to help you
you are a retarded nigger

>>21615694
Disprove the math then.

If you don’t believe in the project then don’t buy into it, simple. Don’t go around spreading bullshit trying to get weak handed people to sell at a loss so you can get in cheaper, that’s pathetic.

If you truly believe in a project you would have put your money in it no matter its current value.

>>21615789
This has been all day. They are trying really fucking hard to drive the price down. Quite pathetic, really.

>>21615874
>Make tons of money whether you hold or pool
Math checks out.

>>21615874
your math isn't wrong. part of the point is that you can either wrap sta+eth into delta tokens to pool or try riskier swing trading with sta.

>>21615924
Then make a smug infographic to disprove it.
That's all that speaks to people on here anyways.
The more soijacks, the better.

I was on their “promotion” Telegram back in the day, there was like 24 of us. Trust me when I say this, the team has no idea what’s going on, Abu literally has no idea how to manage a team and knows nothing about blockchain. The only person that knew anything was Scott and he rarely checks in on the team. They thinned out the telegram and kicked out anyone who questioned Abu or didn’t completely worship the project or question anything. Then they literally brought in Megan Sky Phoenix who was just some person with no life and all the time in the world from the main telegram to run all consumer relations. I pulled out all my STA that last pump. Index funds are a good ide, but that team is very mismanaged and nobody on there knows anything about coding or blockchain.

>>21615924
Exactly. By swinging you take a big risk with big gains if it pays off but with pooling it’s instead low risk, low gain.

That’s why index funds are genius, you can earn money without taking big risks.

>>21615965
you're a soijack newfag
ngmi

>>21615966
>their “promotion” Telegram
There was no such thing

>>21615766
I'm not selling but what's up with the team not revealing who they are? I don't really like that DESU and I'm a holder and plan on holding for a while

>>21616053
>Bitcoin $12k
>Nobody still knows who Satoshi is/was

>>21616053
What can the devs do that has any affect on STA?

>>21616111
That's not the point, the devs still have influence over the project and if they're not being transparent about their identities, what else are they not being transparent about? What if they have a lot more then 4% of the supply? They can crash the price and people will eventually lose faith in the project. This doesn't have the same utility that Bitcoin does, Bitcoin was / is in a league of its own

>>21616156
FUD it and buy more lol

>>21616111
checked

also stop with the discord tranny fud, the same MLP group that is fudding Statera doing the same for top picks: LINK and RSR

>>21616156
They can stop working on it? Or maybe they can crash the price? Not sure DESU

>>21616156
Dump their 4% holdings (which will be lower post-refund). And only that.

>>21616203
What if they have more then that though?

>>21616196
>They can stop working on it?
They already have, it is a completed project. Any changes would be external to Statera (balance pools, for instance) and do not require devs

>Or maybe they can crash the price?
They only own 4%, even less than the top wallet

>>21616245
You can go check the wallets. If they own more than the 3.78% then it is because they bought it like everyone else.

>>21616250
What about things like marketing, innovation, etc? A piece of tech can't just sit idle for long, can it?

>>21616286
What is the fud about some unknown addresses holding large amounts of STA then? Is that a lie?

>>21616339
Rule one of being a good whale is to split funds into separate wallets. That way discord trannies can’t track all your transactions and holdings

>>21615689
We're so fucking early it's almost disgusting to think about, 1$ is fud 10$ is fud

>>21616318
They have a team for that

>>21616339
>unknown addresses
They are all unknown. Are you new to crypto? Not being mean, it is a genuine question.

>>21616383
So those wallets are non dev whale wallets?

>>21616180
Screenshots from the group or you're full of shit.

>>21616416
I'm not new, but also not a dev or anything like that

>>21616412
I unironically think it could hit triple digits eony if we get a proper bull run

>>21616053
Yeah. It does kinda suck that it's not super transparent. I guess after the refund happens or doesn't, I won't worry too much who they are.

>>21616461
Lmao what would the mcap on that even be?

>>21616426
You can look at the wallets on etherscan. Dev wallet is wallet 2. Wallet 1 is a Chinese whale who has made a fortune (over a million dollars) by buying STA after the exploit. You can inspect the history of any wallet you want and see when they bought STA or if they transferred to/from a different wallet.

>>21616563

>>21616599
Stop it I can only get so comfy

>>21616599
If this even hits 12 I'll be a happy man.

>>21616599
>We'll just grown consistently by magic
Ok

Whale here.
Got some news for y'all.
If I sold my entire stack right now, and the top 15 also done the same (including the Dev), do you know what would happen?
Statera would go down in price a LOT.
Do you know what would happen next?
Statera would recover, and become even MORE decentralized than it is now.
It's designed to do this. It can, by design, NEVER go down and not recover.
Putting this thing into an index fund and having it in Balancer Pools is an absolute stroke of genius.
Even if nobody trades Statera any more, it'll still go up in price during a bull run, still burn a LOT and still create volume on everything it touches, making fees.

This this is the golden goose. Do your due diligence, don't listen to the FUD (should go without saying anyway) and read the whitepaper.
After you do that, the only question you should be asking yourself is how big a piece of the pie do you want.

>>21616803
>can, by design, NEVER go down and not recover.
Unless people don't buy it.

>>21616599
If it hits $90 so many of us will become millionaires. although I'm not going to be holding my entire stack all the way through, even if it did go that high

Can anyone address the fud that there are Indians and Africans on the team? Is this true? Isn't this coin's founder a white guy?

>>21616818
Wrong.
During a bull run, with no people buying it, it'll still go up in price because its in the Balancer Pool.
But that's not gonna happen anyway. People will buy, and are buying. Why wouldn't they?
Wallets going up every day, and we've gone from 1c to 25 in a month or so, so that's suggests there's a helluva interest to me

>>21616877
Dev is a white man called Scott Botha.

Some day he's a relative of Vitalik & Sergay. Scott is considered the brains in the family.

>>21616877
That really spergy looking guy? I'm pretty certain he's the dev, though I don't have any breadcrumbs myself. I'd like something to go on too

>>21616818
Sthanos doesn't care if you're buying or not

dancing the fud away

>>21615605
Percentage of pool doesn’t mean shit the only thing that matter is Bpt and that never changes no matter how many people enter or exit the pool, yeah no shit holding STA has potentially more gains than pooling, the whole point of pooling to secure profit and value while getting smaller but less volatile amount of ROI, when STA dumped from 45 cents to 20 cents I lost ZERO value in my pooled amount that’s why the true chad move is to have a pooled amount and be holding a stack of pure STA in case moon, you also get BAL token drops weekly that is pure profit dropped right into your wallet.

>>21615605
O NO NO ONE TOLD ME I COULD GET IMPERMANENT LOSS. QUICK SELL EVERYTHING.

>>21616877
@AbuBakr101 on twitter it literally says he's from Nigeria...

>>21617022
He was active in the TG during the first few weeks.

>Judging the token by the nationality of the creators

You guys are legit dumb af.

>>21616818
>7 posts by this ID
Why are STA fudders SO obssessed with this project? I've never seen this kind of behavior with other tokens except link, and look how that turned out lmao.
We're really going to make it aren't we?

>>21617105
I lurked 2017/2018 biz, i was sure that link was inside joke or something

Was personally in their Telegram group at the start, yeah what can I say, complete shitshow lol

>>21617105
Fudders are most likely people with NPD and don’t want others to get rich on projects that they don’t believe in.

Their mindset is ”If I can’t fly then nobody flies” They want others to be just as miserable as they are.

>>21615966

Megan Sky Phoenix? Are you just making that shit up?

Here we go, next stage of dump from the fid begins. Hold on tight retards.

>>21617176
Noone fuds if they don't want to buy the project cheaper, or if it benefits what they hold more.
Really, the majority of fud is not because they have a vendetta - it just helps them in some way.

>>21617177
Unfortunately he’s speaking the truth, they have a tranny mod that is very sensitive and bans people who make fun of him for pretending to be a woman.

I’m banned too but I don’t give a shit, the success of STA doesn’t depend on them.

>>21616803
>>21616994
1) You're probably LARPing as a whale, stop it.
2) You're an idiot if you think that tiny pool (worth less than the 24h volume btw) has enough buying power to prop up the price without buyers.

No need for anything complicated.

This is their Github's activity: https://github.com/StateraProject

Simply put: none.
Only code pushed is an ERC20 template that does nothing.
>muh code is complete
shut up you non-coder subhuman. This smart contract does nothing. Literally nothing but comply the ERC20 standard.

Get away from this scam anons.

>>21616877
Scott from South Africa was founder and main dev. Contract is complete and immutable, he took a step back from the project to work on other projects but he's still around in a smaller capacity. Abu Bakr was his project manager for burn and i guess thats still his role now. He has social media and a LinkedIn, but theres not a whole lot on it.

>>21617021
Nice
>>21617022
Yah I don't know too much about the guy either

>>21617061
Yikes, that can't be good. Any info on this guy or is he completely anonymous?

>>21615125
Whats statera's main functions besides burning itself?

>>21617330
repeat after me brainlet:

There's
No
Such
Thing
As
Complete
Code

Never.
But you wouldn't know.

>>21617104
No I judge them by their skin color and how autistic they appear. Seeing the dev is what convinced me to buy

>>21617428
have sex incel

>>21617428
Go
Eat
A
Cock
You
Nigger
Faggot

>>21617330
Interesting

>>21617320
Someone address this.
Oh wait you can't.

>>21617483 >>21617462

>>21617406
Completely anon. This is the guy who is supposedly assuaging FUD about the project in the telegram. I have a stack but my hands are getting shaky as fuck not gonna lie

>>21617607
I sold at a loss, we've been had man

>>21617579
Sorry, that was aggressive.

Please forgive me master coder.

Direct me to your token and I will buy a stack.

>>21617607
That's definitely not cool. Why would this team be anon? They have 0 reason to be.

>>21615667
>>21617607
You're a terribly obvious scam

>>21617673
Meant this for >>21617626

just taking the kids to buy some fresh fud
*sip* Ahhhhhhh

>>21615125
AFRICAN TEAM
DO N O T BUY

This guy Abu says "Statera Project is designed to make the dev completely irrelevant to the development of the project". If that's the case, why is this guy Scott not anonymous as well? I don't like the inconsistency there

Sorry to ask, but can someone cap this shit. I would but I'm a phonecuck until Friday. Blatant Pajeeting. >inb4 I was just joking.
>>21615667
>>21617626


>>21617780
Is he really anon if he has his name? And didn't he also release his Twitter with the rest of the team?

>>21617320
Just looked at the repo and holy is it scuffed. The 'audit' contains more lines than the actual project itself. Looked up the auditing company: https://hacken.io/, offices are in estonia and ukraine but hey this is totally not a ponzi guys it's a deflationary index fund for sure.

>>21617607
Another 1% burnt, I’ll buy your bags anon. This fud is pretty insane but if you can’t hold now you won’t have the hands for the run upto $1 and beyond.

The entire project is off and running,
Holders near ATH
Supply ATL
23c holding strong
Balancer pool back near prehack levels and the original pool of 500k is worth what 1.5mil about you be refunded.
This shit is blasting off once our pool is over 7 figures, I feel bad for anons like yourself being duped into selling but you’ll have to live with the consequences

>>21617780
Because you biz/nerds tracked him down on like day 5, how else

>>21617890
None of the FUD gets legitimately addressed and the devs talk like literal fucking pajeets in the telegram. I'm just trying to break even at this point.

>>21617856
Why would ukraine or estonia make it a red flag?

>>21617780
devs are no longer in control. of course people want to know who was involved with it. but statera is now on its own. its literally our token we can do whatever we want with.

>>21617856
Isn't Hacken legit?

>>21617924
Oh, never knew that

>>21617297
No.
You're an idiot if you can't see how big the pool is gonna be eventually.
Hint: it's gonna AT LEAST double in size when Balancer team give the refund!

>literally uses the term bullish in their white paper
uhhhh

because it doesn't even matter anymore who the team is because statera is now out of control of anybody. we are the team. literally every holder of statera is a part of the team. the fud wants to see the token fail because once a bunch of people truly understand and believe in the functionality of statera, we are unstoppable. im afraid it might be too powerful one day, but as of right now, it's our decision what we make of it.

>>21617948
https://www.linkedin.com/company/hacken

I guess make your own decision on this one.

Okay you dumbasses do you understand what an index fund is? The value of the token is tied to other assets and if they dump then STA dumps as well.

Look at the charts. BTC, ETH, LINK etc are all dropping and yet STA holds firm even with all the FUD being posted around here. What does that tell you?

>>21617948
Yes lol. Now do you see a pattern, co-ordinated fud keep throwing anything and see what sticks.
There was legitimate fud with this project to start now it’s just abu is black, mod is tranny, sell sell

>>21615605
you forgot chad has to pay taxes

>>21618047

TL:DR If you believe in crypto invest in STA if you don’t and are only in it to get more fiat then don’t. Fiat is dying and crypto is the future and until you understand this none of you are going to make it, people like you are the ones who threw away their BTC and are now kicking yourselves over it seeing it at $12k.

>>21617935
This is also the reason why they're anonymous. The autistic devs literally worship Satoshi and are obssessed with decentralization to the point that they don't even want their identity attached to the project. It's on the whitepaper.

>>21618047
>The value of the token is tied to other assets
?

FUD Busters
>it's a ponzi
No, it's an index fund balancer. It isn't meant to provide guaranteed monster returns, but rather consistent reliable returns. A ponzi would require new money to pay the people that got in early. I could literally be the only person in the pool and i would still make money.

>Devs will exit scam
They only own a small percentage and it has been audited.

>PnD is over
STA has pumped multiple times and is still young, retaining stable value.

>deflationary coins are a meme
The deflation is just a mechanism to facilitate balancing of any index affiliated with the STA ecosystem. It isn't the primary draw.

Do you have faith in crypto? Then buy STA. Do you not have faith in crypto? Then GTFO this board and go back to waging.

>Our Uniswap pool has consistently returned
over .10% daily interest. Our pools overall have consistently returned 0.10% to
0.50%+ daily interest yield, which holding constant for a year would produce
38% to 600%+ APY (the interest is compounded daily).
Can someone explain to me what would happen to the market if the majority of those vested in sta held for a year?

>>21618172
Sigh. Do you know what an index fund is? I’ll make an example with stocks.

Let’s say you want to invest in many stocks by only holding one, that’s what an index fund is. By holding the index fund you are holding a portfolio of different stocks.

Looks like everyone really does want to stock up as this moves into the refund period and beyond.
Pretty good sign.

>>21618047
Sta isn't an index fund because there's no linear, causal link between asset movements and sta price. This is a result of the mechanics of sta being in the balancer pool as opposed to representing a portion of the pool, and because the pool is very tiny compared to market cap and daily volume of STA, and so it has very little capital to use to influence the price of sta.

I think for me it comes to which is more likely, people are shilling this super hard before the refund date to create another PnD wave, or the increase in fud all of a sudden is because people want in before the refund. With everything I've seen, the latter seems far more likely. I'll hold my bags, and come Friday I'll know if I made the correct choice. I'll believe in the me who believes in myself.

>>21618306
Refund deadline is on sunday.

>>21618306
If I was invested in a project and lost faith in it after losing my assets but they refunded me I would have renewed faith stronger than ever before and wouldn’t sell it.

you won't get my STA you fudding jews

I find it hard to believe that people invest so much time FUDing coins and projects without any personal gain to themselves...that's the real scam

>>21619345
Holy shit bro where'd you get that pic of me???

Spend all my money on 0.33 STA

>>21615125
STA project team trying to dump it so the refund is cheaper lmao

>>21619409
the refund is in ETH I believe

I have total faith in Statera.

I know it will breach .40 cents at minimum and land at .50-or.60

I feel totally cool with the $250 dollars I placed in

>>21619409
you are a fucking idiot the Statera team are refunding the hacked STA... in STA.

Balancer are refunding the other stolen tokens.

>>21619594
the STA price literally does not matter as it's token for token.

>>21615605
he spelt 'yield' differently each time

>>21616172
>the devs still have influence over the project

What kind? Statera itself is immutable, audited and out of their hands.

>>21619352
Lmao this

Those who FUD are doing so for their own gain and if you fall for it you’re an idiot. Nobody would put in so much time and effort to help other people for free, this is 4chan not Reddit.

>>21619381
Thanks a lot faggots

>>21620078
Do you seriously expect to only get gains everyday?

>>21620204
Yes

Because STA has refuted ALL FUD and is now literally the industry standard/bitcoin of DeFi with LINK as the bitcoin of oracles

>>21615605
dr;ns
In 2022 I MIGHT let you mow my lawn for 0.1STA

>>21615125
Its just a meme to fud statera at this point. Nobody wants to actually buy this shitcoin at a lower price, its just funny to watch you idiots react to these hilarious fuds. Shows the real quality of personalities who hold Statera

https://twitter.com/StateraProject/status/1296024568675602432

>>21621439
Nice, fud worked, I can buy more on the way down. Kek. You guys are retards for believing all the shit I've been saying the past few days
ngmi

>>21615125
In all honesty, thank you to all the faggots that actively FUDded this. Never paid attention to it before seeing all the constant FUD posts that got me to check it out due to curiosity. Not only that, it seems they managed to cut the price by half, allowing me to buy heavy bags at $0.19. Thank you faggots. Yours truly, anon.

I WILL NEVER SELL BECAUSE I CAN JUST MAKE UP MY LOSSES IF IT FLOPS IN OTHER PROJECTS

YOU WILL NEVER GET YOUR HANDS ON MY STATERA

>>21617428
repeat this after me: The current code cannot be changed or modified and therefore another STA fork would need to occur so for all intents and purposes the code in its current form is "complete" so we all do know but we don't care to write lengthy explanations every single time. It's tiresome and I've got better things to do most often

You got scammed buy a coin that ripped off the Heroes of the Storm logo

Eat my ass and stop shilling this crap

STA IS DOG SHIT

>>21621987
wew do you really think logos and styles and shapes aren't "copied" on a regular basis? It would mean more if it was the exact same logo but it's not and so it doesn't. Contrarily it makes you look like a try hard with ulterior motives

>>21615125
there are no real legitimate fuds, this is the most solid project since LINK

>>21615125

>>21615605
my god these FUDS are reaching the length of leftist memes about communism being good

>>21615125
Because they care about your wealth? No, they want cheap STA, why they would waste their own time like that lol. Just as was with link in the beginning..

>>21620846
kinda BEEsed

>>21615125
It is cheap enough. We are right behind the bullrun. We don't have time to accumulate unless we shoot for 2025.

>>21621488
Checked and based