/biz/ - Business & Finance

>>21894400
Dot is BIZ's ticket to eternal neet-dom

Biz is rly slow to get into polka, i already made super gains with polka and its alts

Im balls deep in RSR

>>21894436
Also hooker i just banged with my polka money

>>21894400
It's just hopeful retards trying to make up for missing LINK at .15 cents, the same shit happened with other tokens after the google announcement/coinbase listing.

>>21894444
Checked
Same

>>21894444
DOT broke $1B volume in 24h and you're talking about something else? Gtfo

Why would I buy a coin that's pumped 100% in the last week? It might be good but that's just dumb

>>21894400
im in polka and mantra dao

>>21894478
Enjoy being poor

>chasing pumps
no thanks, ill buy them cheaper in 2-3 months

>>21894478
Because dot and ocean is coming to coinbase tomorrow , ur lucky im telling u this

>>21894400
Fuck, I think this board really does have the highest turnover of people.
DOT WAS SHILLED ON /biz/ when it was at ICO back in 2017.
Fuck I feel old now.

>>21894822
No one could buy it back then though right?

I has no upside anymore, pointless to buy

>>21894400
Beacuse if you think eth 2.0 wont kill every "eth killer" you are to filled with hopium. Eth is to big to fail and you are completly delusional if you think they wont get eth 2.0 going.

>>21894857
You could, their last presale had a $10k min. requirement though.

>>21894400
>using a blockchain as a means of interoperability

Polkadot fags are deluded and retarded, read ANYTHING about quant network

>>21894951
>Eth is to big to fail
imagine believing this. Eth 2.0 is still years away and doesn't even scale smartcontracts lmfao. Eth can't scale. Period. It's failed. Vitakike is a fraud.

>>21894951
eth will use polkadot you retard

>>21894400
- Coin supply very centralized and mainly held by people who got in 3 years ago at 20x lower prices. All of them are just waiting for a good time to sell, in order to diversify. So if there is any hint of the pump slowing or reversing, big sells are going to hit.
- Even if the network becomes very useful, the coin itself will not capture a big portion of the value. This is literally by design.
- All of this is very much untested on a public mainnet. The architecture of Polka is very different from anything on the market. Something WILL go wrong. Especially clear when you consider the team.

>>21894457
DOT is going to 40billion market cap and it’s currently at 5billion
It is going to surpass eth eventually as it is the future of the internet but built on crypto
You are a fool

>>21894484
based. i really think OM is going to $1 soon

>>21895231
dot will scale it lol
cardano being similar market cap to dot is evidence of how stupid this space is though
every eth killer is insanely overvalued

I bought this morning Anon, I have high hopes for this one. Got in Link at $6.20 and now DOT at $5.92(a little late I know) so hoping it will yield the same results. We will see.

>>21895254
>eth will use polkadot you retard
No, polkadot will use eth. Not even joking. Eth will be integrated and improved by being on DOT. You don’t understand, this is the crypto internet...

>>21895315
>Coin supply very centralized and mainly held by people who got in 3 years ago at 20x lower prices.
Yes, like bitcoin as many are the people creating Web 3.0... phone posters type in web 3.0 and watch your phone capitalise it... DOT is currently only $5 billion market cap.

>>21895450
ETH will use Polka is the correct wording. Polkadot itself literally doesn't have any actions to do. It doesn't have smart contracts.

>>21895413
DOT is not an ETH killer... it will have ETH incorporated into it along with everything else, it’s an ETH host and will make crypto accessible to everyone. This is the big one!

>>21895440
You're literally already up $0.45

whats up with this shilling

>>21895530
It literally has LINK writing smart contracts for it ffs. It’s all in the white paper and list of current contributors. LINK is at the very bottom of the list of contributors. Check their reddit page. I will be amazed if they don’t announce something at smart con desu.

>>21894478
I remember thinking this same thing over and over in 2017. The main lesson I learned was that sometimes you just have to pull the trigger and buy into a pump.

>>21894857
everyone could buy it
and that was already buying the bags of vcs at the time
i can't fathom why would anyone buy dot at $6. parity/polkadot has a history of broken software, abandoning projects, and astroturfing communities for their own private interests

Looks like its overvalued due to it being new

>>21895450
can't wait till Polkadot shills like this anon actually figure out what it does lol

>>21894478
Why would I buy eth at $35 if it mooned from $16 last week? <- you, early 2016.

>>21894400
All in on xPOP. Will 10x my stack and move to my private island next month

https://app.uniswap.org/#/swap?outputCurrency=0x9EDe13964C7D3D17Fce1874876cE07C0BF886f17

because you morons on here said it would dump. pajeet shitfor brains as usual

>>21895634
This. There are certain exceptions to the rule where buying into a pump is good if the project is legit enough

What if i told you i work in OTC and most have already sold (like instantly after it got on exchanges)

Seems overvalued, but I'd go all in if the normie season already confirmed. They like this kind of trendy shit and not caring about market cap. Just spread FUD about ETH and say it's the next ETH. Probably would flip the shit out of even BTC.

>>21895708
Kind of sad really.

For all the polka newbies (or those morons who think that polkadot not having smart contracts on the relay chain is a bad thing):

https://medium.com/polkadot-network/polkadot-the-foundation-of-a-new-internet-e8800ec81c7

(hint: "Hierarchical scaling in Polkadot v2, where a relay chain connects to another relay chain, providing infinite scalability.")

>>21895826
but eth has first mover advantage and has devs right now.

>>21895863
>has devs right now.
this is all that matters. ill only sell eth if devs start leaving on mass. possible but not likely. they all waiting for 2.0. if 2.0 fails then i expect to see a shake up. but i wouldnt bet again vitalliikkk

>>21895627
http://www.polkaproject.com/

>>21895863
>>21895929
ETH is an VM where DOT is a chain interoperability platform. they don't compete with one another because they don't do the same thing

Go you beautiful bastard

>>21896010
so can i get a qrd? not the shill version

>>21896079
my only regret is not buying more but im very grateful for these gains

thank you Lord Jesus

>>21895574
Man dis shit be hittin fr doe omg XDD

So is the magical number for DOT? Is it 32 like ETH?

>>21894400
I just bought $100k, pump it to $9 and I makey some good monies

>>21896109
polkadot lets chains talk to one another

>>21896222
checked. I dont know how to respond to this

can someone show me one cool thing you can do on Polkadot right now? because i can do a bunch of cool shit on Ethereum right now. these ETH killers pop up every month and then die out (cardano was last month, harmony the month before, tezos before that)

>>21894906
Imagine being you lmao

>>21896336
You're kidding yourself if you don't think there's money to be made regardless

>>21896336
it lets chains talk to each other. Which is what link does but whatever

>>21896392
>You're kidding yourself if you don't think there's money to be made regardless
just watch for the dump after this hype fades. cardano had a launch hype pump too

>>21895369
Where have I heard this one before

>>21895627
Polkadot itself does not have smart contracts. The chains connected to it will have smart contracts, but they will use their own coins to pay for txs and smart contract executions. Again, Polkadot itself does not have smart contracts and thus DOT will not be used to execute any.

>>21896396
can you show me a working example? is it like REN or something, where you can move BTC onto Ethereum?

>>21896336
Polkadot has an entire ecosystem built around it already it with working projects. Cardano, Tezos and Harmony don't even have anything close to that. I know the ETH killer is a meme but this is unironically the only one to be deserving of that potential title

>>21896448
no i cant because i cant find anything except shills hyping this for the pump.

currently a 553 Polkadet bought half 5.90 and again at 6.19 strapping in for the wild ride (recently justed by ampl)

>>21896471
I think "eth killer" is underselling polkadot desu.

It has much more potential than that.

>>21896396
No thats not what LINK does you brainless retard.

>>21896336
>can someone show me one cool thing you can do on Polkadot right now?
You know how the internet works right? Yeah, it does that for blockchains ffs...

I kind of want to but I feel like buying right now would just be FOMOing in rather than buying in at a good price.

>>21896605
oh boy,here we go.

>>21894906
You can say that again. I would flip my DOT into QNT, which will soon catch up market cap.

>>21896427
Just like the www doesn’t execute something but it facilitates it. That’s what I meant.

>>21895201
Quant is the new Dot. Thanks.

>>21896619
So imagine being part owner of the next internet.

"Grandpa, why didn't you invest in Polkadot when it came out?"

"Because it was $6.5 and I thought that was too high at the time"

"I see grandpa. So I have the genetics of a moron."

>>21894400
Am I retarded, where can you purchase dot?

"All the big investors will dump" - No they already have and retail ate it up.

Why do you think the funding rate was -0.5% PER HOUR a few hours before Binance listing? To those of you that don't know what this means, this means if you go long $10,000 DOT, you'd get paid 50 dollars an hour in funding. That's unheard of.

Everyone KNEW big investors would dump, and they did, which is why funding went berserk. It dipped the price, but retail ate it up eventually. Basically all big investors already sold.

Price still goes up, what could this mean?

Bought another 1k. I dont see this slowing down now

>>21894400
i bought 100 yesterday.
>>21894478
>Why would I buy a coin that's pumped 100% in the last week?
look at the chart. the longer you wait the more gains you will miss out on.

>>21896471
Never heard of the Quant Network? Proven usage at scale for over a year. Hundreds of banks and enterprise clients. Around a dozen central banks.

>>21896728
You could literally ask your dad why he didnt invest in Apple, Google, Microsoft. Does that mean he's a moron?
Kek. Admittedly, answers may vary. But it's not that simple.
Plus, most of us would probably have sold a large percentage of our stack, if not all of it, before the 1000000x gains

>>21896519
Dr Gavin wood and the web 3 foundation
This isn’t a pump and dump, it is accumulation for the fucking Web 3.0 platform ffs!

>>21896730
Kraken

>>21896797
Lol get the fuck out of here with that scam from last year. Did Quant announce a DEX that had the associated project with it pull a 100x? Did Quant have 10+ projects in its ecosystem moon over the recent months? Does Quant even have an ecosystem? No, stop shilling this dead project

>>21896730
Binance

I bought at $141 how did I fuck up so bad. Will it ever get that high again?

>>21896810
Not that there isn’t a group selling 100 or so bitcoin into it but I’m happy to buy their bags

If all this tech stuff is confusing for you brainlets, just read this and study funding rates you fags

Same thing happened when markets crashed in March. Funding went crazy negative because everyone was going fud, but price kept going up. Funding became normal, and everything still went up.

number too big! wait number go down. then buy.

Oh no it may crash one day. Don’t care never selling. Just buying more more and more.

>>21896619
show me how it fucking works god damnit! how do i use it? or is it not ready?

>>21896967
You know it went 1:100 right?

>>21897026
What like a split?

this

>>21896659
it's not what Link does. Link is an Oracle service lmao

>>21896917
Quant has that and more coming. Stay salty, my fren.

>>21896810
>>21896970
Been buying since $3 and I’m pretty much all in. Not shilling to sell but you do what you want biz. Have fun when your shitcoins die.

>>21894400
>Polkdot is a protocol for blockchain interoperability*
*well, okay, polkadot parachain interoperability. Interoperability with anything else is still a giant pain in the arse...

>>21896967
When did you buy? They did a redenomination so you probably bought pretty low compared to what it is right now

>>21897068
Redenomination is what it was called

>>21894400
priced out

>>21897068
Yes... it’s got 10x the circulation/coins now. It’s going to $20-25 probably but it’s got more activity this time so $40 wouldn’t surprise me which puts it around a 40mm market cap just bellow ETh. $10-12 is a more likely price once it hits cmc properly though.

>>21897172
Holy shit I’m RICH

>>21896967
>>21897209
kek

>>21897172
Oh I thought it went from 100mm supply to 1,000mm but whatever.

>>21897209
Show wallet

>>21896967
>>21897068
>>21897209
larp

>>21897160
Bridges. Look them up. I'll even link it since 90% of you faggots are lazy morons.

https://wiki.polkadot.network/docs/en/learn-bridges

>>21897209
How many do you have?

>>21896448
the rococo testnet has just been launched - that's the testnet for parachain dev
https://github.com/paritytech/cumulus/releases/tag/rococo_v1

>>21897250
The supply didn't change. It is literally just an ergonomics thing. 100 new dots has the same amount of plancks as 1 old dot.

>>21896211
32 eth is a magical math number vitalik faps to, it has no real purpose other than vitalik dictates what eth does

>>21896336

this is like asking "tell me one cool thing eth2 can do right now"

answer? fucking nothing but bumble around on a broken testnet.

Currently enjoying 20% dot on dot returns from staking

i will buy a new house every year just on dot staking returns, I'm gonna buy a whole fucking neighborhood just for fun

>>21896471

this eth killer meme is a laugh - invented by eth maxis to protect their bags. boohoo, time to end the inferiority complex you fags

>>21896797

no one wants you here, rope yourself

>>21897900
Yea I miss-understood that bit.

>>21894400

im reading a bit more into this but i stll dont think this is a good buy. There are only two chains that are being used, BTC(wich is shit and pretty much a store of value now) and eth which is already in use right now. Lmk if im missing something

>>21898447
Lmk if im missing something

Buying low and selling high. That's what you're missing. What price do you think DOT will be when there's 200 parachains used for different purposes in a year or two? $100? $200?

>>21895819
that would be bullish

Gov't coin ..

DOT = Dept. Of Tether

This coin is way overpriced and will dump to $3