/biz/ - Business & Finance

>>23258115
I bought at $3. Didn't sell any. Kind of regret it, thought the market would stay bullish. I did actually buy more though. I'm thinking people will start paying attention to the fact that this thing has more activity than DOT and KUSAMA combined x10. However, despite this, its only worth $30 million mcap, while the two I mentioned have 4.3 billion.
xDai already has:
Gnosis
1Hive/Honeyswap
Darkforest
POAP
Aragon
Akropolis
Dark Forest game

Literally has more interesting dapps running on it than ETH has right now. As you can do a bit more with low cost of TX. Most of these things will never be possible to do on even Roll-up centric ETH. Even IF roll-ups actually get adopted, ETH becomes faster and ETH demand sky rockets (big IF here, since no one wants to wait a full week to take their coins off an optimistic rollup). This demand for ETH usage going up will just push the prices back to where they were. Most likely the average person will be doing all their tx on side chains.

>>23258417
I think it’ll at minimum reach the ATH. It’s criminally undervalued even if it doesn’t win Reddit.

can this reach $150 this year?

>>23258964
10x in a couple months? no ranjeet, probably not.

>>23258964
I’m bullish, but that’s unlikely. $50 is a very real possibility in the nearer future. $150 would be at least post-March next year.

Just look at where omg sits at marketcap valuation and they only have around 50 transactions a day. Criminally undervalued is an understatement.

>>23258989
>>23259094
but its still barely 40m mc. why couldn't it be worth 400m after winning reddit, getting binance listings and overall fomo after few months? i really wonder if that binance listing is coming because i read here some anons telling that stake pair already exists on binance and that means that its due to be listed soon

>>23259361
The Binance site is already down. https://www.binance.com/en/trade/STAKE_USDT used to to go an actual trading page. Just shows 404 now.

>>23259525
:( thats pretty sad to see. just cant wait for plebbit to announce the results..its been too long

You all are emotional faggot trannies , when it go up you say it's the next Eth when it dump 2% you say it's another pajeet scam

>>23259656
so what is the truth?

>>23259361
Because it won’t win Reddit. It’s the best option, but politics will mean something like OMG will win despite being objectively inferior.

>>23259556
The market already priced in the fact that STAKE will lose reddit. Stake has tons of room to go up still. It has tons of other adoption, and it's still priced low despite that. Just be patient.

>>23258115
$40 FUCKING DOLLARS PEOPLE PAID $40 FOR A POA CHAIN TOKEN HAHAHAHHAHAHAHAAHHAHH

>>23260378
This. frens wtf this is just a side chain not a real L2 solution. Aragon already made the announcement and the price barely moved. Just move on.

>>23260356
so if you are saying it's already priced in, does that mean it will not dump at all when announcement is out? how it can be priced in when the result is still uncertain 100%. i fail to understand that.

>>23260596
I expect it to dump when the announcement comes, personally. I do think that the dump will be lesser in terms of percent because we already had a big drop.

>>23260596

Don't listen to him anon. That guy is clearly retarded.

>>23260803
i just want to know when reddit announcement is out lol if ever