/biz/ - Business & Finance

>>21928548
I’m skeptical about tokens that just get endlessly shilled like STA. I’m in on Link and Kleros tho, so maybe I’m an autist

>>21928548
>Link
yes
>PNK
no
>RSR
maybe 50/50
>STA
yes, and should be atleast 50% of your portfoilo

>>21928611
STA is literally the most FUDed coin( besides link) in the last 2 weeks.

>>21928548
Someone should make a /biz/ index fund whose price is based on those coins. It could be called "NGMI ETF."

>>21928548
Are Japanese girls actually into white men? And no, not asking if Jap girls are into average white dudes, I'm fairly good looking and have never had problems with women. Not a stinky weeb incel.

Just find jap girls hot af. I have no desire to go to SEA common sex tourist destinations... Guess I should set a dating app profile to japan, say I'm visiting and see if any cuties want to talk

>>21928652
I actually do reckon it’ll go up next year, but I think most shit will

>>21928611
PNK is shilled wayyyy more. Could never buy a SJW coin anyways

>>21928669
I’m a blonde, white dude and had decent success over there. I’m learning the language, but nowhere near fluent. Shame I don’t like asian girls more...

>>21928611
Checked, and yeah STA is the only one out of those 4 I'm kind of unsure about, maybe someone can redpill me more.

>>21928722
That’s honestly the FUD that worries me most, but I really like the potential for trustless litigation
>>21928725
Yeah wouldn’t mind being told more too

>>21928722
The PNK shilling seems a lot more organic tho, only true autists would larp as indians for this long.

>>21928800
I genuinely enjoy lurking those threads

>>21928722
why is it an sjw coin? because of the team? desu as long as they dont ban certain cases or change outcomes idc.

>>21928840
Kek, I've been doing it for so long, my thoughts sometimes have 'Vishnu' or 'sir' in them.

Or, if you aren't actually retarded:
LINK
XSN
ONE
SWAP

>>21928917
I’m in Swap too, the decline has been a little intense over the past few days but I’m in it mid to long term
>>21928895
Next is thinking in Hindi

>>21928548
Two of them are not like the others.

>>21928548
>No LIT
ngmi

>>21928889
PNK is unironically some dystopian shit.
If PNK was mass adopted it would basically just make the big corporations/rich people the judges of the land.

While theres an argument to be made that the private sector can do some things more efficiently the Judicial system is not something you want to outsource.

>>21928966
Kek, did you see the thread where we were all talking in Hindi?

>>21929055
This might be right but a lot of crypto has the potential to be pretty cyberpunk dystopian. I’m curious to see where it all goes

>>21928663
someone do this so I can short it.
always do the opposite of what /biz/ says.

>>21929055
>would basically just make the big corporations/rich people the judges of the land.
Anon, I...

>>21929091
No, I’ve avoided /biz/ the past few days. It’s more fun when things are in the green.

>>21929143
Current day: Corporations spend millions on lawyers and legal proceding to screw people over.
PNK Vision: Corporations can just buy whatever verdict they want.

Besides, no group is going to both agree to allow Klernos to arbitrate since its clear one side will have an advantage. Taking someone to "Klernos Court" is just shouting that you bought a bag.

If you think PNK has any value beyond pure speculation you are only deluding yourself.

>>21929055
>he thinks it's for courts of law

>>21928548

don't know where to get PNK.
tried different sites and it was listed nowhere.

>>21929055
Are you just now realizing that blockchain/smart contracts/IoT/Drones/A.I./Big Data might as well represent the horsemen of the apocalypse?

Freedom/privacy as we know it is quite literally functionally impossible in a society that has implemented these technologies.

>>21929309
Unironically UniSwap sirs

>>21928548
Chadfolio, dont know anything about pnk except the pajeet memes.

>>21928548
im so lonely

>>21929331
It’s working
>>21929360
We love you

>>21928840
Those threads shot up in quality once /biz/ learned the Hindi swear words.

>>21929360

me too and i am not even ugly. there are just no women around i can get into contact naturally and i fucking hate online dating.

>>21929383
fucking chutya madarchod basterd

>>21929091
lmao please link me sir

>>21928548
>LINK
yes
>PNK
yes
>RSR
yes
>STA
yes

>>21928548
>LINK
Yes. Very likely to continue growing. Currently on sale.
>PNK
Hell yes. Promising for the same reasons LINK was promising a year ago.
>RSR
>>21928090
>STA
Anonymous dev team and the whole point of it is to make you rich. It's a ponzi. You could probably make money on it but it's not going to go higher than $1 at the very most.

STA is a Ponzi, it'll go the way of ampl soon enough.

>>21929509
https://yuki.la/biz/21717445#p21718853
Needful sir

>ETH
Gotta keep it classic
>LINK
Staying loyal to biz
>TAU
Because I don’t hate easy money

>>21929845
Guess TAU is next uniswap unicorn

>>21928548
Where do I get a girl like this and how?

>>21929919
It’s going insane today

>>21929668
So pools are a ponzi? AMPL literally needed new money to give everyone else more.

>>21929959
Probably Japan, and I wish I knew how

>>21928548
>LINK
yes
>PNK
no
>RSR
kek
>STA
no

>>21929686
I am so glad I bought

>>21929845
I'm only keeping ETH for gas right now. Once 2.0 happens I will consider buying in again. Right now ETH runs the risk of being replaced.

>>21929959
that pic was taken in Thailand

>>21928548
Mid long term is
Link, rsr, pnk, eth

Maybe sxp, lend, bzrx and others, I dont have the list

>>21928548
Whats the Arrow pointing to?

>>21930078
yeah and she is obviously not thai

most likely jap, small chance she is northern chinese

>>21928669

Dude, especially blonde men, like a 3 can get a 10. If you're good looking and tall, you'd have like a 99% success rate

>>21928611
Kleros is constantly shilled
LINK was fudded endlessly until recently.
STA is being fudded like link used to be...

>>21928725
What is an index fund?

An index fund is a fund that can track a specified basket of underlying investments and in this case: BTC, ETH, LINK all balanced with STA.

The rules are that these coins are set in the fund at a specified percent so as one goes up or down the others are automatically bought or sold to balance risk and maximize profit. HOWEVER, the key is that STA is deflationary (whenever an STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). This token burn + tokens being locked in pooling pressures prices up to again make sure the other coins will be balanced. You also are given a % of all the fees paid in STA transactions up to 36% APY and during a run up to 40,000% APY.

The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled up by ETH, BTC, and LINK leads to an exponential effect and positive feedback loop on price.

Can the team dump? No, this is the most decentralized token as the project much like BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own <4%.

In short, Statera:

1. Increases positive price pressure and decreases volatility - caused by the deflation
2. Gives one token access to the ecosystem, price action of assets its pegged to, and benefits of arbitrage
3. Deflation can be put into any index fund (Balancer pool) or other financial instrument
4. Deflation rewards loyalty, if you get in early when supply is high, as supply goes down assets get more valuable
5. Diversification - You can hold many assets in the ecosystem
6. Passive income- make money while you hold your crypto (over 30% APY)

TL:DR

In simple terms the Burn function of STA is designed to create volume. In a way Statera discovered "Volume Farming".

>>21929668
lol what isnt a ponzi

>>21930731
>>21928725
>Uniswap v2 24H volume: $216,869,499
>OKEx 24H volume: $1,440,353,861

>OKEx:Uniswap v2= 6.64
>AVG STA 24H volume for 8/2020 (CV): $1,249,875
>Potential 24H volume from addition of OKEx alone (PV): $8,299,170

>CV+PV= total potential 24H volume (TV)=$9,549,045
>Without the inclusion of price vibrations and only the first burn event: (0.01)(9,549,045)=Potential 24H token burn (PB)=95,490

>NOTE: there is an inverse relationship between TV and PB where as time approaches infinity and PB leads to a decrease in total supply, there will be a negative pressure on TV, however for the purposes of this example this relationship is negligible in the order of 1 year.

>Assumption: OKEx reaches optimal TV/potential by 01/2021 for simplicity and until then there will only be a 15% PB for Q4 of 2020 leaving the supply of STA on 12/2021 as 37,395,986

>37,395,986 STA tokens left by 12/2021 only from the OKEx listing
>The AVG ratio of vol:mcap with reflective peaks and nadirs is 10.7
>with the TV above this would equate to a peak mcap of 102,174,781

peak estimated mcap/supply (12/2021)= $2.73 EONY
>not including price vibrations
>not including other listings
>not including arbing bots/STHANOS
>not including pooling/unpooling traffic
>not including LINK, ETH, BTC, SNX price fluctuations
>not including the DeFI bubble/upcoming BTC 2021 bullrun

The rock bottom minimum price of STA EONY is $2.73 without ANY of the above factors. The price as of 8/24/2020 1959 is $0.19. You do the math.

Now if BTC hits 80k in the upcoming bullrun with an associated pull in the market then that is an 4x in demand for the total crypto market relative to the current demand. HOWEVER, given STA's function, this factor is not multiplicative but exponential meaning the price just from the OKEx listing and the BTC pump during the bullrun will make the price of STA a minimum of $55 USD per STA token by EONY.

>>21930731
This is an explanation of what an index fund is, not an explanation of why STA is a good investment or will be adopted anywhere outside of /biz/.

>>21928725
>>21930731
>>21930780
Looking at the full potential of STATERA:
>coingecko defi listing
>4 new exchange listings
>wrapped STA finished and CEX listings
>top CEX listings: kucoin, huobi, binance
>balancer listing on coinbase
>statera integration into coinbase defi pools
>statera on coinbase
>statera integrated into digital index funds for Vanguard, Fidelity, SPDR, Schwab
>all major portfolios in financial tech over $250k is balanced in an index fund with STA as the industry standard balancer
>Supply is less than 1 million tokens while volume taps into the entire derivatives market
>price per 1 STA token $1,000,000,000
>there are now major owners of STA since the beginning similar to BTC as it is truly the most decentralized, immutable, trustless utility token.

STA will be integrated as the industry standard balancer for every digital asset and smart contract that has an inherent mechanism for upward price pressure and compounded fees. It will simply become a tool that is taken for granted like pen or an abacus while facilitating the 4th industrial revolution and solving the low volume/high volatility problem.

>>21930780
The unspoken assumption in this wall of text is that STA is going to get further or wider adoption. Which is why it's a ponzi scheme - it only has value as long as people are buying it. You're just saying "if people keep buying it, it's gonna get so valuable!" That's a huge assumption.

Everyone who owns STA owns it because it's an early investment and they expect it to pay off. But why would anyone buy $1 STA? $2? What market is this going to reach?

You are just describing why investing early in a crypto token is a good idea, but you're missing the thing that is usually true about promising projects: they have innovative tech that is useful for the defi space. STA doesn't have that. If you think the Phoenix balancer fund is as game-changing as something like LINK or PNK then it just proves you have no idea what any of this stuff is really about in the first place, you just have this implicit trust in /biz/ to do your research for you.

Stop buying STA because /biz/ says it's good. Do your own research, not just on STA, but on LINK. Wrap your head around what's special about tokens that have actually gone places.

>>21930790
...you didn't read any of this you low IQ subhuman chimp. Please leave this place and go back to selling mushrooms you low attention span ADD NPC :)

>>21930900
...you keep using the word ponzi but you do not understand why it does not apply here.

You see, I would prefer it if no one bought STA. I would prefer balancing funds with this code myself and collect all the fees from the pool as I pin it to existing smart contracts.

If an asset or contract has low volume then it is susceptible to high volatility. This leads to the premature failure of many promising projects and contracts early in development and is one of the main barriers to a fully decentralized and digital world. A simple balancer cannot solve this as in finance 1.0 as even then the volatilty is too high and such a balancer is subject to fail also. However the addition of a literal meme like deflation and token burn makes creates an inherent feedback to this system ensuring that it cannot fail unless the enture digital market collapses. It allows new projects and new contracts to solve the initial growing pains of high volatilty and manipulation.

But what if they simply manipulate STA? This is why the fully decentralized aspect is important.

But what if no one uses it? FMA and people are already using it. If BAL and phoenix go on cb then it will not be long until this is cemented as the industry standard. However, this is the key. If we do not utilize this tool then it will fail. This does not mean we need more people buying it. But more people using it and allowing it to be integrated into their pools, funds, contracts, etc.

If more projects integrate it then IDGAF if I am the only holder. I will be a trillionaire.

LINK
RSR
XSN
STAKE

>>21931180
>But what if no one uses it? FMA and people are already using it. If BAL and phoenix go on cb then it will not be long until this is cemented as the industry standard
Q: But what if nobody uses it?
A: People will use it

Nice

>>21928548
you'll kill yourselves when these pnd scams start dumping

>>21928548
kek these threads happen every few months. I think the first one was LINK REQ QSP. as always, those last 3 coins you listed are just pump and dump shitcoins being shilled on biz by discord pajeets. by 2021 they will never be heard of again.

>>21931238
I literally said if no one uses it then it will fail...

If no one uses decentralized oracles then LINK fails. If no one uses ETH as a blockchain platform then it fails. The key is I just need people to use STA, but I do not need more people buying it for it to give me money. In a ponzi, it can only go up if more people buy at a loss. I do not need anymore people to buy STA if it is actually integrated well, and even if they do buy, the fees allow them to not buy at a loss requiring another layer of a pyramid such as AMPL.

I get you are mentally challenged, but I do no understand how you can type so well :)

It makes it seem as though you know all this and ignored the relevant aspects of my post to fud for cheaper STA. How naughty of you.

>>21928548
Imagine how gigantic her forehead must be.

>>21931443
Have you ever heard of Cunningham's Law?

>>21931411
>>21931281
Honest question, have either of you co sidered reading the whitepaper for any of them or even the spoonfed pastas? So much is spoonfed and so much fud is refuted that if you give an intelligent reason for your statements then it would not come across as ignorance.

>>21928800
I believe a lot of anons truly think PNK is the next LINK. the only problem is the idea is just stupid. nobody would ever put an important contract dispute into the hands of anonymous neets on the internet. only a clueless neet would ever think that could happen irl.

>>21931465
I just looked it up and kek'd. Well played.

>>21928548
Link yes, rsr probably not, pnk and sta definitely not

>>21931529
This actually sounds fair but I think PNK is trying to digitize decision making in the event of, for example, oracle failures/misinformation attacks, but I could be wrong.

>>21931487
i’ve been here since 2016 I don’t need to read an entire whitepaper to know whether something is retarded or not. yes I have read the pastas and browsed the projects websites.

>>21931529
>nobody would ever put an important contract dispute into the hands of anonymous neets on the internet
Look up what an arbitration clause is.

>>21931616
Fair enough. Seems lazy though...

I have been on /b/ and /a/ since 2005 and on /g/ since BTC and /biz/ during the migration and I know idiots going back to the inception so their seniority holds no water for me, but I cannot force you to read anything.

If you "feel" it is trash, then I will simply accept that as your answer.

>>21928548
how much money do i need for a wife like this?(preferably japanese)

>>21931529
kek companies are already outsourcing dispute resolutions to pajeets. kleros is both cheaper and fairer, you absolute retard.

also these fucking statera bagholders crack me up. literally 5 lines of code written by a south african scammer and a nigerian prince called abu. MUH TOKEN BURN as if that’s a usecase. imagine being autistic and not even have average iq.

GET SLINK

>>21928895
kek

>>21930890
>digital index funds for Vanguard, Fidelity, SPDR, Schwab
no they will develop their own IF they decide to get into crypto

>>21931443
you do realize BTC and 'decentralization' has been around for a long time. There has been no widespread adoption

Picked up some privacy solution with Elixx. Other than that it proofed right to keep a bag of TAU these days. Community onboarding just reached a whole new level so we can start talking about network effect here

>>21928548
LINK and PNK definitely.

>Holding link without DIA

You are not gonna make it my friend, link gains are over, now it's the time of $DIA to shine

>>21928548
No. All in LINK is the only thing worth holding. If you believe LINK is a sure thing, and it is, there is no reason to diversify. Don't respond to my post with FUD. I'm immune.

>>21928548
Where’s COOM?

>>21932842
all over your mom's face

>>21928548
LINK
RLC
ENG/SCRT

t.chadfolioholder

>>21928548
LINK and STA for me. PNK was a temporary hold, never got into RSR, regret it. All around good post op let's fucking GOOOO STATERAAAAAAAAAAAA

PNK is some of the most retarded shit I've ever seen in crypto and is a terrible idea. The rest seem ok.

Absolutely making it lad

>>21931912
>kleros is both cheaper and fairer
theres literally zero evidence supporting this

>>21934709
Yes there is your hust stupid do some fucking research you pleb

Am I gonna make at least $100K bros?

>>21934709
>gig workers aren't cheaper than employees
Are you retarded or something sir?

>>21928548
>RSR
>STA

>>21934789
>more meme coins than btc/eth/link combined

>>21934761
>>21934865
You mongs realize if a juror doesn't vote with the majority they lose their staked PNK? What "gig worker" is at risk of actually losing money doing a job? That risk will need to be fairly compensated for and will make this more expensive than hiring pajeets who work for nickels.

>>21934993
>putting all your money in coins that have already mooned and at most will 2x from this price.
I’m not investing a lot in dinosaurs like BTC that are literally just a proof of concept. This is no different than choosing to invest in high risk securities over municipal bonds.

>>21935251
>he thinks ebay is going to have "Kleros Jurors" on staff
with all due respect anon, you don't understand the concept

>>21928548
Not bad, those are all safe picks but I would add some underdogs in there.
UTRUST right now would be a safe moonshot, you might want to look into it.