/biz/ - Business & Finance

No

>>24156154
it's dogshit bro. there was anon here who clearly demonstrated the STAKE token itself hardly captures any value. there were no anons that could offer a rebuttal

>>24156228
Why would this chain have any less value than any other lowfee POS chain?

>>24156154
I mean I'm making 8.5% staking on bitmax
Many projects moving over to Xdai
Igor is a beast compared to everyone inc sergey and gavin wood and vitalek
Bought at $1, didn't sell at $42, but I'm fucking comfy bros.
Whatever fud you give, just know that there is no way this project doesn't go beyond $100.

You have a couple more chances to buy at these prices.

Easy and safe 10x during this market
Could possibly go 100x if we keep seeing adoption

>>24156228
Dont listen to this fucking brainlet, he clearly doesnt have the ability to research his own gems and relies on other peoples views about projects. I'll see this same fud in a few months time when we hovering around $80

>>24156154
you're fucked, cut your losses
>>24156228
im probbaly that anon
>>24156453
see below im sure, just working down the thread
>>24156913
>I mean I'm making 8.5% staking on bitmax
>Many projects moving over to Xdai
>Igor is a beast compared to everyone inc sergey and gavin wood and vitalek
>Bought at $1, didn't sell at $42, but I'm fucking comfy bros.
>Whatever fud you give, just know that there is no way this project doesn't go beyond $100.
here we go,
>making 8.5
so you're "making" 8.5%, on what? more stake? what are you gonna do with that stake? sell it? of course you are. that's the only reason to hold stake, is to generate stake and sell stake. holding stake gives you zero value, which is why..
>many projects
literally okay, are they bringing value? no. TVL is still a trashcan, all their tx generate no fees for stake holdrs (see above)
>bought at 1, didnt sell at 42
so you're functionally retarded if you havent figured out it was pumped off the "kasuma" meme and havent realized that holding stakes gives you literally 0.000001 cents per day even as a validator. good luck dude, really hope your 200K stack makes you a shit ton with your passive income of literally less than pennies. in fees per day. hope it doesnt drop 0.0000001% in price!
>whatever fud
except the fact that holding stake is absolute retardation because if you have read the docs it goes like this,
"Buy STAKE"
"Hold STAKE and get fees!"
"STAKE fees per STAKE is about $0.00000000000001, so buy a lot of them!"
"Oh yeah, holding like 10,000 STAKE will literally earn you less than 1 cent per day."

EVEN IF xDAI WERE TO TAKE OVER BTC AND ETH TX IT WOULD STILL YIELD PRACTICALLY NOTHING PER DAY. AND FAAAAAR LESS THAN EVEN MICRO FLUX OF PRICE.

>Easy and safe 10x
get fucked, dont rope anons into your shill
>possibly go 100x
only if they change their fee struct, otherwise, it's just another nano. there is no altruism in this world, get over it. get fucked.

>>24156154
no
token not needed

>>24157082
rofl excellent timing while i was typing this out
see above you fucking idiot
literally any moment feel free to prove me wrong

HOW MUCH DID YOU MAKE TODAY IN XDAI FEES? WAS IT MORE THAN 0.0000001 CENTS?! NO IT WASNT. LITERALLY ZERO VALUE IN HOLDING STAKE. GET FUCKED.

>>24157085
Why do I always see this shit? Why do people want to stake a shitcoin for single digits apy while the coin itself can drop 50% in a week? It's the same with FANTOM shills. The devs are literally using a tiny carrot to bait you into jumping off a cliff. It's a huge cope while the only actual gain will be if the token moons. Again, staking xdai and similar is literally a scam. Do not fall for it.

>>24157233
>devs are literally using a tiny carrot to bait you into jumping off a cliff
this is an ideal example
>if it moons
imagine it cost 1000000x the electricity to mine a btc than its market value

THAT'S XDAI. literally not even an exaggeration, it's actually larger than that. desu makes me sad. xdai itself is a cool network 100/100 no lie
HOWEVER
if devs changed the fee structure i could see it beign good. maybe like a function of throughput where at least 10,000 per day MUST go through the network thus if say in 24 hours a single tx costs 10K.. otherwise, 1 billion tx cost 10k as well

again xdai is a great idea but just absolutely fucked tokenomics and economics. if you dont see this you're fucking retarded and clearyl havent read any docs. any docs.
ANY
DOCS

>>24157085
You didnt answer me. Why would this chain be worth less than any other low fee chain? Like matic, omg, eos, etc.

>>24157453
oh youre assuming because matic is $X then xdai should be at least as valuable as $X

i dont fucking know, i dont fucking care. you saying that a pile of shit from this cow should be worth as much as a pile of shit from another cow is beyond me

i think shit is worhtless and could get it from anyone. you're not seeing the forest for the trees anon. stop getting hung up on your emotional investments. you assume that because matic is $x then xdai should be $x

dont be a fucking retard nano holder

>>24157657
If eth2 has very low fees than its also worth shit right?

>>24157657
Your delusional. The value capture is through adoption. Smart people will want to invest in a growing economy. In a growing economy there may be surprises along the way that make people insanely rich.

>>24156154
You bought high just hold you will be vindicated. 100$ will be nothing in the long run.

>>24158289
Next week, alt season, so dont drop the soap just now!

I am gonna fucking kill myself thats it im done with this bullshit all the money i have left will go to buying some rope at home depot. Ilive in fucking bronx nyc and the covidiot shit is the icing on the turd of dinosaur shit that is "living" here

>>24156228
>no anons that could offer a rebuttal
ha that funny. when said anon got prove wrong he just ignore it and saying the same shit every thread.

>>24158748
Hes in every thread saying the same shit. Probably a whale trying to get people to dump bags before the real moon.