/biz/ - Business & Finance

Based refund. Clear skies from now on!

>>21951273
Packed my bags and waiting for bigger dips to buy more

the refund was supposed to pump it and nothing happened. what do we even have to look forward to now that prevents this from bleeding $ and volume

>>21952546
Top exchange listing soon

0.25c stablecoin, think i'll pass thanks

>>21953113
cool story bro

>>21953113
It will become a stable coin. Right now it's a volatile infinite money coin. It's anything but stable currently, and one of the biggest gainers in the market. If you look at trends, Americans are buying this at much larger rates than Europeans. Buy now and it will give you at least 125% your money by 4PM today.

It's at about 22 cents right now, which is probably as low as it'll ever go again.

>>21953129
>>21953322
Didn't read, not buying

>>21953332
Okay you don't have to. I'm not some random pajeet. It's a logical coin that solves major infrastructural problems limiting adoption of crypto in mainstream financial environments and it's in it's early stages.

Everyone else is obsessing over nodes and contracts and I'm over here like "what about the volatility of these coins due to investors"

>>21953392
>im not some random pajeet

>>21953322
>one of the biggest gainers in the market.
>50% down from ATH

>>21953433
Every coin is like that. A bunch of whales pump and dump early when they get a hot tip and it becomes overvalued before anyone knows what the fucking coin does.

>>21953332
>didn't read
>not buying
>but I'll definitely hang out in your thread some more because I'm afraid I have nothing else better to do with my time other than to get in a tizzy with my internet frenz over internet meme money

>>21953478
this image is funny lol

>>21953392
>>21953601
Can literally smell the curry coming out my speakers

This is a really brilliant scheme devised to make early investors rich! Is there a word for that kind of thing? Because it's smart and sure to succeed!

>>21953478
I really really like this image john

>>21953075
cool it'll pump for 5min and dump back down. and then what

>>21951273

so the super refund pump couldn't even clear the 28c resistance. It's now going back down. While the development of this does seem legit in the sense the devs aren't rugpulling, it is a goddamn ponzi. Stop shilling here to unload your bags you bought at 40c.

>>21953478
This is now a YLYL thread

>>21953075

lmao, on TG the team said they had no idea if a CEX listing went with the decentralized mindset of the token. That means Binance, Coinbase, Kraken, etc.

Your top listing is none of those.

>>21954990
Okex dummy

>>21954954
Don't use words you don't know the meaning of, you spastic mongoloid.
>A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]; also a Ponzi game)[1] is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.
Can you tell me how that fucking applies to STA?

>>21951273
Some explain this refund business.

>>21954990
They already confirmed a top cex and its going to be okex. Some cex have it onchain so burns can still happend. But even if they dont it will still be better than not being listed at all. Since burns will still happend once people send it from the exchange.

>>21953113
It becomes a stable coin when we have 0.000000000000000001 STA token left and then it gets forked to keep going. Well before that it is essentially stable after maxing the derivatives mcap and is worth $1,000,000,000 per STA token.

>>21951273
yes please buy our coin sir good buy sir

lead dev abu the poo needs to feed village

tranny mod needs money for sex change cuz shes mentally ill

im stand iwth her i stand with statera

>>21954954
...you keep using the word ponzi or scam 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 quant balancer cannot solve this as in finance 1.0 because if the volatilty is too high then such a balancer is subject to fail also. However the addition of a literal meme like deflation and token burn creates an inherent feedback to this system ensuring that it cannot fail unless the entire digital market collapses. It allows new projects and new contracts to solve the initial growing pains of high volatilty and manipulation.

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

But what if no one uses it? Then it fails. However some possible reasons to support why it will be used include: FMA and that people are already using it. If BAL and subsequently Phoenix go on cb then it will not be long until STA 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. Compare this to an actual ponzi that requires people to buy at a loss to sustain the project and profits of those above them further requiring more people under then to buy at even more of a loss.

>>21954954
>>21955800
Again...

TL;DR: STA is not a ponzi because I can make money even if no one else buys. I can volume farm the market and pools myself.

Could some kind anon explain how I would get in the balancer fund?

>>21956126
https://www.youtube.com/watch?v=JafzpZcUpnA
Watch this guys videos.