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/biz/ - Business & Finance


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22602911 No.22602911 [Reply] [Original]

Anons - follow the money and look at what's happening:

>worldwide financial disruption
>public lost interest in traditional crypto markets
>dream of using crypto to 1000x one's investment is gone for normies


The people running coinbase and binance saw the above happening and shuddered. The momentum they had in 2017 and 2018 was all but gone and new interest in their product (money-to-crypto exchange) was but a fraction of its glory days.

So they hatched a plan, and initiated it at the most opportune time imaginable:

>Use one of coinbase's surrogates, in this case one of their venture capital funded projects (Uniswap) to promote a "stimulus" in crypto interest
>Base it on a snapshot from Sept 1 (or right before) to forment FOMO
>Use their enormous resources to ensure the price stays pegged to $2 or thereabouts during the initial dumping by those with no sense of delayed gratification
>Immediately list the coin on their platforms, which is entirely unprecedented
>Coinbase, CZ and their whale associates then create more and more buy walls boosting the price
>Average crypto-interested people that used uniswap once or twice are suddenly seeing their $1000 gift turn into $2000, soon $4000, eventually $10,000
>Crypto bull-run that matches the bitcoin halvening charts thus begins

This will be a top 4 coin soon, because Binance and Coinbase and their whale associates want it to be. And they want your 400 UNI's to be worth at least $10,000.

Remember, this is all a game being run by people that see the big picture and that think long-term. The exchanges that host UNI will be reaping benefits from fiat injection for years based on this this initial investment they're making.

>> No.22602995

>>22602911
Well done anon. Great points.
Buying more Unistink's

>> No.22603233

What I (OP) am saying here is that coinbase essentially wanted to create their own Bitcoin, that they could control with CZ and associates in order to ensure the crypto marketplace stays alive.


In about a week or so, the following will happen:

>Uniswap will post a Medium article on upcoming uses for UNI beyond "governance"
>Likely items include farming, requirement of maintaining at least 400 UNI's for airdrops of other coins, utility token functions on uniswap, etc.

By mid-2021, you will be able to use your UNI as actual currency - I expect the various game platforms like Steam to accept it, as well as overstock, and various big online retailers (at the nudging & $incentivization of coinbase & binance). You can already trade your BAT for amazon, playstation, and microsoft gift cards using TAP store. I expect the UNI ecosystem to incorporate even more options.

Finally, by the end of 2021 or early 2022, they'll introduce Uniswap v3, which will incorporate even more utility into UNI. The website/exchange will let you do everything all in one place and be the final dream of what the crypto leaders had intended - purchase crypto with fiat, spend crypto on real-world goods, bank with crypto, all in one place.

>> No.22603430
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22603430

>>22602911
>>22603233
Believe it or not, other than the "new bitcoin", I agree with everything. Although I'm not sure why they'd want to give us money such in amount like 10k? However, considering they gave us free 1.2k it's realistic.

But I definitely see that this could be used in Steam and other online stores, such as in games, streaming, platforms etc.

But considering you can research, do you perhaps know if there is any link between Uniswap and Robot Unicorn Attack that was extremely popular in 2010-era? Back when I first used Uniswap I could've sworn it was the same.

>> No.22603509

OP still here:

Throughout 2021 there will be more and more posts and coverage around the internet on "If you had just held your 400 UNI's instead of selling on Sept 16th, you would have XXXX money right now thanks to UNI's rise in price and assorted airdrops and other benefits levied on UNI holders"

Example:
>If you had held your 400 UNI's then you'd have $6,000 in your crypto wallet right now (Sept 20, 2020)
>If you had held your 400 UNI's then you'd have $15,000 in your crypto wallet right now (Dec 31, 2020)
>If you had held your 400 UNI's then you'd have $45,000 in your crypto wallet right now (June 3, 2021)
>If you had held your 400 UNI's then you'd have $270,000 in your crypto wallet right now (Dec 16, 2021)


This is what the people at coinbase and binance want. They need the positive coverage of ongoing "regular schlub bought XYZ crypto and it 100x'd or 1000x'd in just a few years" in order for their business model to continue, otherwise this will all have just been a fad of the 2010's and in another few years nobody will remember crypto was even around.


We're gonna make it frens. Prepare for a wild ride.

Oh, and shed a tear for the people that gave up their golden ticket for a PS5. I'll be thinking of them fondly in 2022.

>> No.22603571

lmao I'm selling at 10 bucks

>> No.22603832

>>22603430
>know if there is any link between Uniswap and Robot Unicorn Attack
Nah sorry, dunno anything about that. But my above analysis and prognostication is stemmed from several fundamental facts:

>Coinbase's and Binance's entire financial model hinges on public interest in crypto (true or false?)
>Uniswap received venture capital funding from coinbase (true or false?)
>Users of that platform each received $1,200 per wallet (true or false?)
>Within 24 hours of the coin's distribution, it was listed on binance and REGULAR coinbase, not just coinbase pro (true or false?)
>The price of UNI was maintained and subsequently gone up, despite morons cashing in their 400 coins (true or false?)

Connect the dots. All 5 of the above items are connected into a single unified strategy. Stimulate and control the crypto ecosystem in order to take it to new heights, making it more mainstream. Coinbase & CZ can't completely control bitcoin. They can completely control UNI, make deals associated with it, and intend to do so in a way that will massively benefit everyone that hasn't sold theirs.


Like another anon said yesterday: About 90% of the new threads that will be posted on /biz/ in 2021 and 2022 will be by anons lamenting that they sold their UNI's for $1,200 back when they were first airdropped.

>> No.22603948

I'm holding until we're top 10, happy at that point.

>> No.22604005

Sold it at 5 dollars. Could have gotten the extra..uhh...41 cents, but if this starts dumping (which it will) gas fees are going to be impossible to pull out of. Just be smart and have some eth handy. : )

>> No.22604325

This isn't coming back down. There's no sell support

>> No.22604613

This coins going to add passive income at some point. Just you wait, anons

>> No.22604707

>>22604005
>not just using binance

>> No.22604821

>>22602911
You hit the nail on the head. Its happening. RIP to those who sold. Make sure to save enough for some rope when you buy your play station.

>> No.22604836

>>22604005
>but if this starts dumping (which it will) gas fees are going to be impossible to pull out of

Yeah because you're the kind of retard who panic sells

>> No.22605088

>>22603832
>Users of that platform each received $1,200 per wallet (true or false?)
did any coinbase users receive those gibs? only those using the coinbase wallet with uniswap but idk. pretty sure no binance users received it though
>Within 24 hours of the coin's distribution, it was listed on binance and REGULAR coinbase, not just coinbase pro (true or false?)
>The price of UNI was maintained and subsequently gone up, despite morons cashing in their 400 coins (true or false?)
your idea sounds plausible the more i think about it, but do you think Cuckbase would allow CZ in on this? it's also possible that CZ (and some whales) just wanted as big of a stake in governing uniswap as possible at these prices, that would explain the huge buy walls

>> No.22605325

Wow, thanks OP. I'm more bullish than ever. Uni is a gamechanger.

>> No.22605890

>>22605088
Yes, my transaction on my coinbase wallet went through last night on a 9.5 usd fee.

>> No.22606084

>>22602911
all I know is this is kickstarting another round of pure degen altseason. kinda like how HEX (and ESH) gains started uniswap season this spring. all these gains are going to flow and pump the shittiest of shitcoins. its great timing, cause it was fucking dead last week.

>> No.22606123

>>22602911
Dubs of truth. You have figured it out imho.

>> No.22606134

>>22605325
don't drink the kool-aid bro. always sell peak hype. every single pump coin follows the same pattern.

>> No.22606160

>>22606084
It's literally crypto stimulus. Economics 101 right here. Everyone getting those free ETH aren't going to just cash it into USD and call it a day. If they're not sticking with UNI, chances are they're going to put it elsewhere. It's amazing.

>> No.22606210

>>22604005
Gas fees? Why not trade it on the biggest exchanges in the world who have just INSTAlisted it, you absolute nigger retard.

>> No.22606252

>>22606134
This is not a random pump coin. no random pump coins has ever been listed INSTANTLY on Coinbase. It took fucking chainlink how many years to even get listed there?

>> No.22606256

>>22602995
Whoops kindly disregard my Sage bro's
I was so caught up in the funky UNIstink I must have forgotten to take that out from earlyer.

>> No.22606327

>>22604836
this did not age well

>> No.22606379

what if you're coinbase and trying to push more hype?

>> No.22606380

>>22603430
>know if there is any link between Uniswap and Robot Unicorn Attack
The UNI in Uniswap is an acronym for the parent company Universal Navigation Inc. The logo is somewhat reminiscent of the RUA splash but it's probably a coincidence. Only so many ways to draw a minimalist Unicorn logo.

>> No.22606603

>>22602911
Good post I see the logic behind there being a concerted push to pump uni.
But overall I dont agree that it will be such a long term game changer. Ethereum is the main problem, and I'm not expecting 2.0 to make it to reality before other chains do it better.
Keep hodling, but if you are thinking past 2 years with uniswap as a big winner I disagree. There will be other successful DEXes.

>> No.22606929

>>22606084
uni is flowing back into hex lol