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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 900 KB, 803x820, STA___2.png [View same] [iqdb] [saucenao] [google]
23630497 No.23630497 [Reply] [Original]

>market cap at $1: $85M
>market cap at $1 while taking the burn into account: $70-80M

Do you realize how little that actually is? It's basically guaranteed in a bull run and very likely even ealier.

>> No.23630555

I want it

>> No.23630578

>>23630497
I think we will break 100M in a few months, question is how close to 1B it might come or will it hit that too during the bullrun.

>> No.23630591
File: 1.30 MB, 1070x820, 97975CBD-E93F-434B-84E5-D7CC3163500F.png [View same] [iqdb] [saucenao] [google]
23630591

>>23630497
If STA gets to 100M marketcap, it will get to 1B. It just becomes too huge with many people pooling to fail.

>> No.23630620

>>23630497
What's the unironic suicide stack?

>> No.23630632

>>23630578
Do we absolutely need a bull run? Also I'm surprised volume isn't higher on this thing..

>> No.23630686
File: 1.22 MB, 829x1015, 1600373873721.png [View same] [iqdb] [saucenao] [google]
23630686

>>23630620
10k
>>23630497
Comfy knowing that normies have no clue this exists yet. We are the only ones who know about it because biz is underground as hell. Let's keep it that way for a while.

>> No.23630817

>>23630632
>Do we absolutely need a bull run
Hit almost $50M in a positive market cycle so no, I don't think an actual bull run is erquired.

>Also I'm surprised volume isn't higher on this thing..
Yeah, it blows but I think people are just waiting for the upcoming news.

>> No.23630991
File: 35 KB, 1124x341, EboJEPYWsAEvPj0.jpg [View same] [iqdb] [saucenao] [google]
23630991

>>23630817
It's a bit funny that any shit rugpulls get huge volume then a project like STA that benefits heavily from volume gets minimal. Devs said they were planning for something regarding this and I both hope and believe they deliver. After all, there has been times way worse than this.

>> No.23631058

volume is 5k hahaha STA is a dead project. had some potential but now its completely dead. better sell while it has some value.

>> No.23631176

>>23630497
Unironically whats so special about this?
It just really looks like a convoluted index fund with a utility token that doesnt even have any point to it.
I read the entire whitepaper and couldnt get what the value propostion for the STA token is aside from it being deflationary.
Redpill a brainlet pls

>> No.23631240

>>23630686
No let's not. I'm done accumulating.

>> No.23631275

>>23631176
it doesnt have value..bunch of nerds on here just hoping to get rich by off loading to newbs during bull market

>> No.23631288

>>23631240
I have been without a fucking job for months because of the chinavirus. Not done. But we can agree that whenever the devs finally get done with the updates that's the end of it.

>> No.23631437
File: 72 KB, 251x258, scottoshi.png [View same] [iqdb] [saucenao] [google]
23631437

>>23631176
It being deflationary is just an extra add on to increase positive price pressure. The real value is in the 1% burn causing the autobalancer to keep correcting the ratios over and over again in a near-infinite but diminishing loop creating more volume more fees and more abritrage opportunities which add for more volume and fees...

The thing is, it's not meant to be used solely for liquidity pools although it does that job fantastically. The vision is so much fucking bigger but if you truly read the Whitepaper and understood this, you would know this already.

Scott is an actual genius for coming up with all of this, it's so complex even actual high IQ anons can't comprehend all of it. The goal is to make it so simple so that they don't have to,

>> No.23631898

>>23631437
Bullish af

>> No.23631972

>>23630991
Hmm like what?

>> No.23632563
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23632563

>>23631275
Just like Chainlink is a meme and has no value either am I right

>> No.23632611

>>23630497
Just a 10 times need less than 40M$ Market Cap. It can only happens once it get listed

>> No.23632636

>>23632611
wat

>> No.23632653
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23632653

>>23632611
You sure about that? We’ve already hit 40M once.

>> No.23632696
File: 13 KB, 550x178, sta13.png [View same] [iqdb] [saucenao] [google]
23632696

it's very simple. you either hate money or you don't

>> No.23632894

> index fund
> dumps as bitcoin goes up 30%
lmao

>> No.23633241

>>23631437
yea but he abandoned the project so whos gonna drive that vision, autists from biz?

>> No.23633272

>>23630686
Am now a STAtesmsn today thanks to the dip

>> No.23634036
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23634036

>> No.23634397

>>23630497
mommy mommy i want pump
1$ statera end of month

>> No.23634889

CORE made this totally useless

t. og sta holder

>> No.23634977

>>23634889
CORE wont last for another month. It has its one last pump before falling into obscurity whereas Statera will keep on crabbing until further news and then moon.

>> No.23635683

>>23634977
See you in a month then
Be sure to screenshot my post

>> No.23635833

>>23634889
wtf how are they even remotely the same

>> No.23635855

hold

>> No.23636039

>>23635833
Read the medium articles
>Deflationary with actual value behind (in locked liquidity) so scarcity actually means something
>Burns feed the system making the APY constant
>Can wrap whole portfolios in their ERC95

STA only has it's burn going for. The dependance on Balancer took this to the ground.
Even if they make a whole ecosystem with it's own balancing pool it wouldn't matter, TokenSet already exist and is more normie friendly than STA ever will.

Without this DeFi boom STA would be $1
They didn't try to adapt

>> No.23636090

>>23635855
You did it STA, you made me hold through the whole altcoin bullrun and now I'm 40% in the minus just to add insult to injury.

>> No.23636216
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23636216

>>23636039
delete this

>> No.23636370

>>23636216
>>23634977
STA made me enough money to trade other shit so I'm grateful, but if news is the only thing giving a coin value that's not a good sign.

STA get a dashboard (like every other DeFi project) then what? So you can zap you ETH straight to the ever bleeding Balancer pool?

>> No.23636441

>>23631972
I think it's going to be some form of yield farming. Who knows, with how long it's taking they might be working on something completely original

>> No.23636476

>>23632894
>he STILL hasn't read the whitepaper
Cynics know the price of everything, but the value of nothing.

>> No.23636572

This shitcoin is dead