/biz/ - Business & Finance

I didn’t think someone would actually fall for this. Holy shit this board has gone downhill since 2017.

And the whales keep selling and selling. Those are the ones with insider info should tell you something about what the future looks like. And yesterday the shillers hyped up a new announcement would happen, and it sure did. Fucking NFT’s. Hysterical.

To expose the scam, all you have to do is this. Compare the Phoenix fund performance to a basket containing the exact same tokens including STA.

Literally all you have to do.

>>24174062
This. The deflation as well. Completely unnecessary and only exists to make supply lower making it easier for the early whales to dump on later investors. What’s the reason for the burn to exist when Statera would do the same thing without it? The only thing that it does is leak funds from the poolers. I just can’t fathom how people didn’t see this coming.

>>24174178
They claim it would add positive price pressure (completely unnecessary ingredient in the pool) yet price tanked from 46 cents to 3 cents? Getting Bitconnect vibes from this.

>>24173960
>>24174049
>>24174062
>>24174178
sell then? ha bet you can’t don’t be scared

don’t be scared don’t be scared sell all your statera sell all your statera

>>24174476
I don't own any STA and don't plan to either. I'm just pointing out why this could be a massive scam. I was nearly dragged into Bitconnect but due to laziness didn't jump in and thankfully so. People lost their homes due to that shit it's really fucking sad. Hoping Statera won't be the same thing but there are definitely a multitude of red flags.

>>24174538
>i don’t own any sta
okay stopped reading, next
who will sell?

>>24174562
If the devs disclosed their Github accounts (that they claim exist) and their personal wallets as well as address the issues brought into spotlight in this thread, I would consider it. But right now there is way way WAY too much shady stuff going on.

>>24174657
>i dont own any sta

>>24174476
I don't own any, I just hate seeing /biz/lets get scammed

>>24174666
check me motherfuckers, none of you niggers own any sta
>>24174736
>muh /biz/ friends

>>24174178
I thought the idea was that it gets put into many adopted pools such that the rebalancing with high enough burns is greater than the draining, with the token itself becoming desirable to hold as deflationary asset? Never happened though it seems like. And I never did the math because I really can't be asssed. Kek.

>>24173960
Statera was designed to make biz miss the other moon missions like pnk

>>24173960
kek this was made by stonk and xmm holders lol

>>24174920
Never owned STONK or XMM either. I only own the three coins I mentioned in the post, BTC, ETH and LINK. For obvious reasons, they have use-cases. Both the projects you mentioned were copies of Statera, and to begin with STA was always shady so why would someone buy those two? No reason at all.
>>24174840
That might be the case. But with no liquidity in the pools no one will put in more liquidity as it's not worth it. It's better to keep holding the token itself in hopes for it to go up otherwise you will suffer impermanent loss which at the moment would be greater than the pool returns. According to the Whitepaper itself (yes I may be one of the few who have actually read it) "If no one uses it, it fails".

>>24174847
Well PNK is fucking niche as shit but at least it has some legitimacy attached to it kek

Don’t even get me started on the fact that the devs ask for donations. Not only are they trying to get others to pump their token but they are also trying to get people to donate so that they could have an even bigger share of the total supply.

>>24173960
>might

Low quality fud, yawn

>>24173960
>>24173997
>>24174049
>>24174062
>>24174178
>>24174471
>>24174538
>>24174657
>>24174736
>>24174840
>>24174847
>>24175393
>>24175557
>>24175899
>Statera has positive price movement
The trannies return with their tired/played out fud
>n..n...no....it's not fud.....y...you're fud....ahah gotem
We all know it's you John Doe with your "ponzi", you need to change that word but it's not just a word it's your style of seethe writing, the fact that you either have femboy slaves replying or that you are using VPN to post multiple IDs does not make your fud any better
If anyone believes this thread genuinely I would be surprised, but more so NGMI if you fall for this "fud"

check the pic related
>I'm concerned about other anons and have your best interest in mind
It's never true and they want to prevent you from making it, but doesn't affect me if you buy or sell Statera, fud posters hold 0 Statera so these very thinly veiled fud threads are of no threat just disgustingly disingenuous

inb4 seethe replies I don't care not checking this thread again

>>24173960
This is hilarious FUD. Only midwits will fall for this

>>24176335
It’s always fud if it’s someone raising valid points. They never get legit answers it’s always ”fud” and ”John”. Schizo cult

>>24176473
Nothing about this is valid lmao

>>24176563
Why not? Because you are down 50% an don’t like what OP brought up? That doesn’t make it invalid ”lmao”

>>24176587
The point about the GitHub is irrelevant if you understand that you can query out the source code from the blockchain. GitHub is irrelevant on a deployed country if you aren’t a midwit. Not understanding that implies a lack of basic understanding of the blockchain.
The hack was on balancer, had nothing to do with STA’s source code. The APY returns are valid when pooling. It’s not low risk if you understand you lose the alpha when you convert to UNI LP tokens. Refute any of those points.

>>24176758
Deployed coin *. You will probably focus on my typo because you can’t refute any of my points lol. FUD annihilated.

>>24173960
Thanks for this anon - nice to see anons helping anons

>>24176335
>Only midwits will fall for this
Literally everything is pumping and pic related is what you're holding LOL

>>24175899
>devs ask for donations
fucking gross - i didn't know that

>>24176842
I barely hold any STA, I’m mainly in ERSDL, RLC, LINK. My portfolio has nothing to do with low effort & low quality FUD that is easily annihilated

>>24176842
>changing the goal posts like an actual midwit

>>24176758
Thank you, for actually trying to argue and not just call me a fudder.

>Github
That is true, but the thing I want to see is any development being made. Nothing else matters. The only Github account we have access to has had no progress in months. Hence why I want them to prove they are actually working on something and not just repeating the hopium.
>Balancer hack
While you are right in a sense, the hack happened because of Statera. Had Statera not existed, there would not have been a hack. Very simple. Also this lead to Balancer banning STA. Yes, I am aware that you can use Delta in there, but I'm talking about STA itself. It is literally banned.
>APY
The APY is not valid, as it's less than 10% I believe currently? It's tragically low regardless compared to the numbers stated in the financial reports. Notice how they stopped providing the financial reports as numbers dropped. Cherry picking...