/biz/ - Business & Finance

>>23904354
>some locked avax will be unlocked by december
>expecting a little dump
>some locked avax will be unlocked by march
>expecting a little dump
>some locked avax will be unlocked by june
>expecting a little dump
>some locked avax will be unlocked by september
>expecting a little dump
permableeding, i see

growth is perma halted until the VCs are out, dont buy unless you wanna get dumped on

>>23904529
biggest sell will be on December, most locked AVAX after it will go to nodes + stake rewards.

>>23904566
Ava Labs got their tokens vested for at least 5 years, even more in some cases.

>>23904354
Kirby is the new trump, ill follow him

>>23906217
Meta Knight stole the elections

>>23904354
YAS BUY AVAX $10 EOY!

>>23906357
no fucking way

>>23906375
more like $100 by 2021

Don't even need to buy the dump, buy and forget be rich in 2021

>>23904354
You can be a validator and gain passive income, either way we'll be rich next year

>>23904354
not buying your bags emin you turkroach cunt

stay poor haterz!

Can we stake avax?

>>23907344
This link helps u mate
https://medium.com/avalabs/staking-avax-by-validating-or-delegating-with-the-avalanche-wallet-f4d9adc182a6

Still not too late jump on the train. Buy AVAX now!!!

>>23904354
someone shill me on this, i want to believe
why won't this project fail? read the whitepaper and it seems to fall short of what's promised

also stop spamming our board you ic3 faggots.

>>23907405
Fall short how? The platforms been out for 8 weeks and is fully functional. Subnets, tokens, nfts, evm contract support, etc etc...

>>23907405
i'll just leave this here for u

>>23907292
>>23907435
you have no other option but to accept assimilation faggot

>>23907576
>>23907657
Falls short because this graph, directly from whitepaper, conflicts with claim of resistance to 51% attack
which seems to me like the biggest advertised strength, everything else exists elsewhere in the crypto sphere
the strength of avax are the alleged properties of its consensus algorithm
maybe i'm just a brainlet and haven't considered what parameters avax actually uses for the Avalanche consensus in the network, idk

>>23904354
>1.000 avax is a "make it" stack
Actually the make it stack is 2000 because thats the minimum amount needed to run a node and thats what you should be aiming for.

>Nodes give you passive income and are easy to run
>VPS are cheap (15 bucks a month)
>in the future Nodes will Validate other subnets making you even more money
>People can delegate to your node and increase your rewards
>you contribute to decentralization

>>23907774
oh not only am i skeptical of the claim of resistance to 80%, their site also admits that only safety is preserved up to 80%, liveness is compromised at a lower threshold, presumably the one specified in the graph above (33%). and if the entire network can just be prevented from transacting that's not useful

>>23907785
this is fucking poetry

>>23907915
it's just fiverr paid shilling

>>23907774
>conflicts with claim of resistance to 51% attack
you would need 80% control to attack it
Emin said it.

>>23907945
emin wrote the paper that graph came from

>>23907774
>> haven't considered what parameters avax actually uses for the Avalanche consensus in the network

Correct, right now its not resistant to 51% because it is going for liveness over safety. It be parameratized up to 80%, but this is one of the params that is being waited on for governance to vote on, sometime early next year.

>> everything else exists elsewhere in the crypto sphere

In some capacity, but not anywhere close to the extent that it does on Avalanhce. A good example is subnets vs parachains. The are very similar, but while polkadot is limited to 100 chains, and the process to creating these chains is complex and involves a very expensive bidding process, Avlanache is not limited in number, and anyone can spin up a VM and chain with a few bucks and some basic CS knowledge. Many things exist somewhere in the cryposphere, but they suck in execution and effectiveness in comparison.

>>23907960
Emin is a smart guy, there is a reason hes the Number 2 of IC3.

>>23907945
emin is also full of shit and wants to make a quick buck off of rubes like you.

>>23908025
Emin delivered on his promise.
I run a node since mainnet launch and it works as advertised.
Its decentralized and its fast and there is basically no risk running a node.

>>23908025
Got any more of that low tier fud?

>>23908076
You know what they say about things that sound too good to be true. On a sidenote though, if avax is so good then why the need for a persistent shill campaign on /biz/?

>>23908161
>things that sound too good to be true
He delivered and it works so its not too good to be true, its already reality and working as intended.

>if avax is so good then why the need for a persistent shill campaign on /biz/?
Because its good and exciting technology with huge potential. So same reason why we have so many Chainlink threads.

>>23907995
I agree which is why I'm listening to his paper:
"once the network drifts to some majority value, it tends to revert back with only an exponentially small probability."
so if anywhere more than 51% reports a false value it sounds a lot like the entire network should converge to this falsity

>>23908199
>he delivered
that 80% number hasn't been proven out at all and that is the most important part.

>>23908161
>if avax is so good then why the need for a persistent shill campaign on /biz/?
there are literally 20 LINK threads per minute

in the case you're implying LINK is not good because it needs to be shilled, you're straight retarded.

Ppl talk about it because its features are constantly highlighted, the same happens on Twitter (pic related). AVAX is probably the 2nd best altcoin for 2021, and the market has already anticipated it.

>>23908227
Which is statistically almost impossible, Emin said a failure could occur maybe every 5000 years or so.

>>23908291
so you agree that the system will converge to the majority reported value but you don't see how this makes a 51% attack possible?

>>23908344
you need 80% tho which makes it already very unlikely.

>>23908285
the link campain was never organic and the avax shill campaign has come right out of the gate looking like it comes from the same group... because it does.

>>23908411
thanks, forgot i needed 80% to perform the 51% attack because emin said so
and that won't happen because getting 80% is hard

>>23904617
>Ava Labs got their tokens vested for at least 5 years, even more in some cases.
LIQUIDITY LOCKED

>>23908455
>it comes from the same group
>6,040 twitter users are just multi-acc

buddy if you're gonna fud at least make it properly
>>23908285

>>23908463
>and that won't happen because getting 80% is hard
and thats why it wont happen
>>23908455
>the link campain was never organic
lol newfag

>>23908526
>6040 twitter posts are prohibitively expensive for a vc funded shitcoin following chainlink's marketing plan to a tee

>>23908572
been here for the whole thing retard. all the way from the beginning with "anons" sharing their ico pools or whatever the fuck they called them.

>expect a little dump
anon i

>>23908599
>vc funded shitcoin
>also vcs: can't withdraw until 2030

you ain't even trying already

>>23908646
is that a surprise? they got the coins dirt cheap and I'm sure they got a nice spiel about how theywere going to use chainlink's super successful and proven marketing strategy of building a cult on 4chan.

>>23904354
Kirby besto investor

>>23908631
lol he actually missed out on LINK.

>>23908710
you would make some profit out of it too if you weren't so autisticly stubborn

>>23908732
>lol he actually missed out on LINK.
*all LINK fudders ever*

>>23908755
2000 AVAX to run a node cost right now 7200 dollars. Many poorfags are already priced out from that so they depend on the price going down.

>>23908822
I hope it's profitable cause i'm running my own in a week or two

>>23909061
It is profitable, it covers the VPS costs by a lot so you wont run into any losses unless you dont manage to get 60% uptime.
sure the profit isnt anything crazy right now but that can change, especially with the C Chain and Athereum around the corner.

>>23909061
You better manage to run as many as u can while it's still cheap

>>23908161
>if avax is so good then why the need for a persistent shill campaign on /biz/?
I also shilled ETH and LINK, looks like you are willingly choosing to stay poor

>>23909277
checked and based

>>23909277
ahhhhhhh yes

the polkadot's bagholder

>>23908732
Don't worry, I actually got to enjoy the whole 2017 bullrun unlike you link retards.

>>23909277
>stay poor
literally only pajeet shills use that phrase in 2020

>>23909452
Polkadot is not nearly as interesting as Avalanche

>>23909943
invest in whatever that makes you happy dude I don't care

>>23909905
I got to enjoy the last 3 years since Chainlink was the best performing asset in the bear market. must suck for you that you missed out lmao.

>>23909905
yet you're still stalking /biz/ looking for shitcoins

ngmi

>>23910159
avalanche makes me happy

>>23904354
Is AVAX the one that’s not on coinbase? How do I buy it please
t. Retard
Thanks

>>23910244
Probably soon to be listed.

Coinex and Binance are the most reliable options.

>>23910349
Are those similar to coinbase? Wallets? I’m really new at this

>>23910413
it's an exchange dude

i'm literally spoonfeeding u, dyor

Thanks Kirby

>>23910413
>Are those similar to coinbase?
yes Binance is a centralized exchange and you can buy AVAX there.
If you want to figure out on which exchange a coin is, you look it up on coingecko or coinmarketcap.

>Wallets?
https://wallet.avax.network/

>>23904354
im reading the token unlock is on jan 1 is that correct? where are you getting dec from?

the team just posted an announcement:

https://medium.com/avalabs/avalanche-to-unveil-novel-blockchain-features-with-apricot-its-first-major-upgrade-76ed092204a8

>Apricot enables “verifiable pruning,” wherein nodes can securely compact past historical transactions. This brings unprecedented optimizations for a decentralized platform; an Avalanche node will be able to bootstrap and come online quickly and in constant time, regardless of the past history of transactions or the size of the blockchain. Further, light clients will be able to securely participate in the platform without having to download the entire blockchain.

>Freezable Assets — This new asset type enables asset creators and issuers to freeze and unfreeze assets on the platform. While we can’t envision every way people will deploy this functionality, there is a clear need for organizations with regulated use cases to ensure only approved users have access to assets. It will also be a key component of new assets coming soon to Avalanche.

>Avalanche Native Asset ERC-20 support — This upgrade, which introduces a new EVM instruction called callex, makes it possible for the Avalanche contract chain to transfer native Avalanche assets while invoking smart contracts. This, in turn, enables native Avalanche assets to be deposited into ERC20 wrapper contracts.

also,
https://twitter.com/kevinsekniqi/status/1327336202220019714

>The first major platform upgrade coming to Avalanche. Epochs provide the foundations for variable assets and governance, while freezable assets will enable some challenging use cases (especially regulated ones)

>The latter will enable a multi-billion dollar industry on Avalanche. I’m going to be talking about each of these topics in detail over the next few weeks, and maybe we’ll even give everyone a sneak peek of the 1st assets we expect to use the freezing function

>>23910623
>>23912139
Thx

>>23912407
music to my ears