/biz/ - Business & Finance

>143% rebase and rising
lmao this can't possibly sustain itself

ready with popcorn to watch noobs getting rekt on this.

>>24563472
at 100M mcap I guess that the rebases wont be of 3 numbers

>>24563492
noobs at almost x10 of their inversion... you actually down due to your popcorn

This board needs flags...

>>24563583
OK SANJEET

>>24563416
great you retards got base to the top searches of coingecko
now this coin is going to pump and dump and die. i hope you're all happy

Hey stfu op don’t shill this

>>24563658
said the same with Ampleforth

the only sustainable rebase project is VLO velotoken.fi

It rebases based on its OWN velocity meaning it correlates less with the overall crypto market and it does not have price targets unlike other rebase projects. This is the first project in defi like this.

60k mcap and providing liquidity is incentivised

>>24563472
The massive rebase percentage is because it works differently from AMPL. AMPL's rebases are more gradual, but BASE rebases the entire difference each time. It's already proven to be a better method.

>>24564217
That sounds fucking stupid and pointless.

>>24563472
>>24563643
>>24563648
pro tip: don't listen to /biz, I am not surprised that /biz isn't catching on. When I was genuinely trying to make /biz aware of Kusama when it was 2$ all /biz retards had to say was "muh testnet". Wait till $base is in the top 50, then /biz will slowly catch on. Most posts on /biz are bagholders or rugpullers trying to get your hard earned money. Only very rarely will an actual good project be shilled.

>>24565351
because you do not understand. FEW do.

im so fucking tired of these rebase shitcoins. move on.

>>24565468
There are leaders and there are followers. Everyone tends to be so smart. Afterward.

>>24563416

TL, DR: sir plz buy my bagz plz sir

Because biz is full of poorfags buying when shit already mooned, wrong place to shill gems like this, people here are mostly stupid poorfags

this ain't no shitcoin anon, this is a i-understand-and-believe-in-cryptocurrencies coin...forget about the rebase for now, that is not the key, read the whitepaper, look at the market cap, feel your penis rise...

Base

Best damn project. Theirs a public team. A recent audit and the first Index fund in crypto. This is like buying Bitcoin at 0.01 cents

Dont fall for a BASEless fud created by an anon person. Believe in the word of auditory enterprise rather than in a pedant's word... if he is that smart, why doesn't he create his own enterprise?

Bought more on that fud
Waronrugs is a retard

>>24563416
I'm expecting it to be at $1.46 or higher for the rebase today. Gonna make so much money

BASE AMA WITH CHAINLINK

LINK MARINERS YOU ARE ALSO WELCOME

https://events.chain.link/events/details/smartcontract-connected-smart-contracts-global-online-presents-base-protocol-and-chainlink-live-qa/#/

What is your strategy fags? Sell before rebase or holding and compounding your gains?

>>24566262
That's awesome
Now imagine fudding that
Fundamentally bullish.

>>24566262
>https://events.chain.link/events/details/smartcontract-connected-smart-contracts-global-online-presents-base-protocol-and-chainlink-live-qa/#/

This is MEGA bullish and will get people to forget about the muh rug fud.

>>24566339
holding until top 100 at least

>>24566390
How long do you think hype will last? I am really afraid of death spiral. But at the same time i think this is a golden oppurtinity to make some SERIOUS gains.

>>24566262
Yo i just looked up one of the founders, dylan senter, and see i have mutual friends with him. Thats fucking wild

>>24566339
I'm holding
I bought ampl before it took off and tried to swing trade it, but I sold way too early because of that and missed the massive move up

>>24566444
>checked
Honestly, by betting on Base you are initially betting on the entire crypto market. So if you believe in crypto as a whole, bet on Base. Quite normie friendly unironically.

>>24566444
The market cap Is still considerably low and we have barely more than 2k unique addresses. Ampl has 24k, now let that sink in

The real bag holders on this are the fools that provide liquidity to the pair.

Do you get it on uniswap, what's the contract id?

>>24566808
0x07150e919b4de5fd6a63de1f9384828396f25fdc

>>24566521
actually, you bet against it if you aim to gain money (the lower the peg price, the more rebase % you get) - perfect hedge for red times

>>24567071
Imagine the market tanks and base stays stable
That would be interesting to see

>>24567127
theoretically people should indeed move their funds to BASE when they market tanks, making BASE gain value in case of a tank in two ways - peg price sinking and coin price rising. I don't see how this could fail unless whales step in and fuck people collossally

>>24565996
link to whitepaper pls

>>24566867
ty

>>24563416
>Base Protocol is profitable even in bear markets, for instance you buy 1000 BASE, you buy another crypto with your BASE, suddenly your crypto goes down %50 while the crypto market just goes down 30%. Your crypto will be 50% cheaper and BASE just 30% cheaper...your loss will be of just 20%
this is the dumbest god damn shill ive ever seen and im not buying just because of how retarded it is

>>24567611
Kek I feel you
I still think base I criminally undervalued and worth a buy

>>24563416
>Rebase

no thanks you're gonna get rekt

Shill your shitcoin somwhere else faggot OP

>>24567738
Imagine missing out on this less than a week after launch. Mass fomo will begin before or after the chainlink interview when normies finds out about base.

Cuz it's a fucking RUGPULL

>>24568642
Thanks, just sold. I knew this was too good to be true

>>24568642
It's fake fud retards.

>>24563416
I don't understand these rebase coins. How are you supposed to make any money on them, if your holdings constantly fluctuate?

>>24568642
AAAAAAAAAAA JUST SOLD OMG OMG
jk you're retarded if you believe in anything warinrugs post. They also fudded ALPHA KEK

Stay poor

>>24568947

And they warned about Cp3r and look what happened. And other examples that rugged.

>>24569375
And they warned about ALPHA and look what happened.
The reason Cp3r etc. rugged was because the team was anonymous. BASE team is doxxed.

>>24568642
>believing what anon account have to say on twitter
>especially Waronrugs
stay poor retard

Double your money easily

https://www.youtube.com/watch?v=n83kUbxL5NA

these guys are either going to make you rich or steal your money, take your best guess

>>24569550
>BASE team is doxxed.

>>24569749
Stay poor

https://events.chain.link/events/details/smartcontract-connected-smart-contracts-global-online-presents-base-protocol-and-chainlink-live-qa/#/

Chainlink Live Q&A in 10 days. We wont see a rugpull before then

>>24569719
I would not trust these guys
https://www.youtube.com/watch?v=n83kUbxL5NA&t=2m49s
>jewtube

>>24566339
Hold

>>24563545
This

>>24568792
Wow he actually got you hahaha rekt

>>24569900
Stay poor

Jesus the dump is going to be biblical lol

>>24570918
yeah this is absolutely retarded

This is like buying Bitcoin at 0.01 cents

>>24570279
KEK
>>24570918
The red rebase candle will look like a rug pull lol
>>24571287
No, it's like buying AMPL under 3000 wallets fren

i dont get it, when the rebase happens i get more/less tokens that are valued lower/higher or what? if so, then why should i buy this shit now if i know that the price will drop before it could rise?

>>24563416
Picked it up already at .30 sense laughing at niggers

>>24566042
Implying I did buy even cheaper

>>24572238
Because it triples your sheckles retard

>>24572433
doesnt it just triple the tokens but adjust the price lower?

guys is this a scam or not? I really can't tell

>>24570918
So are people banking on this 200% rebase to actually happen without a massive sell off beforehand? You can already see lower highs forming

>>24572859
that's what i'm saying, it doesnt make sense, that last pump felt like a blowoff top

ampl is clearly scam to me. i bought myself some avax and i am happy to hodl

The amount of money that is going to be lost when people learn math is going to be epic.

>>24572943
The fuck is avax? Sounds like a vaginal wart cream brand

>>24573099
It's happening right now lmaooooo

>>24573186
pls dont even start, it is avalanche

>>24563643

Kek made 100 ETH with 6 ETH on Base, go kys poorfag

>>24573099
1 x 10 = 10
10 x 3 = 30
did i do good

114 eth buy lol

and it was fronrun with a 170 eth buy and 179 eth sell

and it's pumping...
told y'all a big buy came that means whales want in

Didn't see this thread before creating one, can anyone send the TG link for the base trade bot?

>>24572859
Why would you sell before the rebase when your coins multiple at 5pm? That's just stupid. You sell at the rebase time.

and it's pumping...
told y'all a big buy came that means whales want in

please explain how this is not a Ponzi scheme

>>24573694
Anyone? Can't imagine there isn't one...

>>24563416
fuck I threw out all of money a few weeks ago and now shit like this keeps coming out

>>24573964
Please explain how literally everything is not a big ponzi scheme?

trading volume 2x bigger than mcap yep everything is legit

The BASE telegram is embarrassing to look at. The majority of people posting have no understanding of how rebasing and liquidity pools work. The same idiotic theorycrafting discussions of "when should I time my buys and sells, before or after a rebase??" that we all saw around AMPL are being repeated anew.

That said I'm still holding the fuck out of this

>>24574291
Why are you on telegram. You a gay faggot?

>>24573965
Don't think anyone has made one yet perhaps

>>24574460
>he doesnt have a TG
NGMI

>>24563416
The team can’t even draw curves and corners correctly on their own logo.

>>24572859
>>24572925
Newfags don’t know what rebase is means or how to profit from it. Stay poor.

Pls sir buy much coins, i must do the needful

>>24572859
Bout to Rebase 310% in one minute.

>>24572859
rebase was 310% lmao

bros why the fuck did my money just x4

>>24575615
oh shit nvrm

>>24575615
it didnt, just your token quantity did. the token price went back down to compensate but metamask is slow to update so it shows your actual $ value as x4 as well.

Kek, did it just RUG?

Cant wait for tomorrows pink wojaks

Top kek, look at the chart....

Where are you now? Henlo, someboy there... HAHAHAHAHAHAHAHAHA

jesus its getting bought up like nothing, this is like AMPL back in july

>>24575696
>>24575714
>>24575721
It rebased. Zoom out, this happens every day.

Made 12 eth in 1 hour. Not bad. Thanks base. Let's do it again tomorrow

>>24563643
>>24563643
>>24563643
>>24563643
>>24563643
yup

Fuck you stupid street shitters

>>24563416
WTF HAPPENED TO MY MONEY

>>24575782
Why and when?

...are we going to recover after rebase this time?

>>24576162
https://dashboard.baseprotocol.org/
dyor ffs

>>24575782
>every day
>only 24-hour chart
Shouldn't you be working on a sewage system, shanjara?

Holy shit it's over. It's dumping so fast uniswap stopped showing the orderbook and the price is frozen. It's at 8c and falling holy fuck

>>24576196
Bullish as fuck

>>24576194

are you braindead?

https://www.dextools.io/app/uniswap/pair-explorer/0xde5b7ff5b10cc5f8c95a2e2b643e3abf5179c987

So I gained a couple hundred $ from that rebase. What happens now? If people buy in right now will the value of my tokens go up? What happens in the next rebase?

kek RUGGED

>>24576196
Whales are buying high and selling low after this latest rebase. Why would they do that?

>>24575797
Same, hoping for round two tomorrow

lol it's dumping like crazy

>>24576397
yeah it rugged it seems

Uniswap just delisted the token. They used the revoketoken function and apparently the uniswap router throws back a nulled txn when you try to swap now. Holy shit they fucked this one up

Unlike AMPL, are the rebases too fucking aggressive? There is like no cushion.

>>24576414
>>24576426
Wot

that was kinda scary, might actually be the last positive rebase tomorrow if it recoils that hard and if that is tied exponentially to the growth as well

Okay I was wrong niggers that shit is pumping like after the dump. Does anyone have a usable telegram trade bot?

>>24568642
>Swap the contract.
How the fuck do you do this? I thought ERC20 was immutable.

Anyone else's tradingview chart for base not working?

>>24576240
Maybe I am, anon. I have done my own, and I'm wondering how you know when it is going to rebase.

>>24576676

Visit the dashboard:

https://dashboard.baseprotocol.org/

Or use dextools which you can see the price charts

>>24576676
Nevermind. Found it.

>>24576426
Do you have a list of all the fucked up functions like draining liquidity from a farm, transferring all the tokens and LP to the owner, not allowing you to sell more than 1% every 24h, etc? etc?

market cap just doubled in one hour kek

>>24576832

yeah this is moving way too fast. already $50 million MC, I don't think there would be many big rebases left given what it does. the swings are much bigger than AMPL it seems.

>>24577048
we'll see what happens tomorrow, should be interesting to say the least...

>>24576769
Just look at the smartcontract for BASE it's full of them

>>24563416
Tell me why should I buy it if it's target price is 4x lower than it's current price? Wouldn't it just go down until it reaches target price?

>>24576832
Why dont people sell before the rebase? What am I missing here?

>>24577280
once it rebases, it triples the coins you have

>>24577280
The rebase gives you a ridic boost to the amount of tokens you have. So the next day when the price pumps you get 300% times more

>>24577252
people here are utterly retarded you know?

>>24577369
So basically it's a ponzi squeme?

>>24577433
ur a ponzi squeme

>>24577433
Yeah just like AMPL

>>24567071
>>24567127
>>24567306
Shit, I might just keep half my portfolio in BASE.

>>24577280
1. After rebase, idiots buy in thinking that there is a huge "dip"
2. Wait for them to buy and then sell for huge profits
3. Buy back at lower price and ride next rebase

fuck i'm really nervous here guys. i don't see this lasting to much longer. this house of cards is going to collapse really soon.

give me some damn hopium, i'm about to faint.

I think i want to buy this but im retarded about rebasing when is good entry low or high how does this work help me im retarded

>>24578347
THERE IS NO GOD, YOUR INVESTMENT IS GOING TO ZERO

>>24578347
look at these legs and you'll be ok

I BUY 87 CENT ITS NOW 67 CENT REEEEEEEEE FUCK ALL OF YOU IN THE ASS

>>24578347
>>24578495
>you now realize there are 72,895,850.65 coins in circulation
panic exit imminent

>>24578387
BUY HIGH SELL LOW newfag

>>24578435
Sauce?

man there are some retards in here. We already covered all this rebasing shit with ampl. if you're still asking rebase questions now you are legit ngmi

>>24578607
you tell me if you ever find out

market cap holding strong still

dafuq?
should I go all in?

I went from making a 75% profit after the rebase to nearly back down to where I was before it. Wtf happened?

>>24579081
heres one ^^^

>>24579351
Congrats, you bought into a ponzi lmfao

WHY DID IT DUMP SO HARD
AAAAAAAAAAAAAAA

>>24578115
Uh oh. I'm one of those idiots. How low will it realistically go? 57 cents?

>>24579381
Nice try. But seriously what happened

>>24579449
Cant time the absolute bottom. I bought in here, will check tomorrow morning wassup

>>24579460
Look at the price chart on dextools. It's following a pattern. Most of the pump occurs in the hours before the rebase. For now you just have to endure the up and down rollercoaster.

>>24579591
just aped into this, what am i in for

>>24579810
the slow realization rebasing is about to go negative

>>24579846>>24579810

not before at least 200 million mcap, theres money in the market

guys base is not based you have to sell right now or your money disappears

>>24579460
It rebased.... how after months and months do people not understand this?

AHHHHHHHHHHH DEATH SPIRAL!!!!! ITS OVER FUUUUUUUUCK

i am financially ruined

>>24580060
lmao the target price is .57

it really cracks me up how little niggers on /biz look at daily charts lmao

people selling now are confused

It's over and in negative rebase territory. Whales dumped, get out while you can.

Glad I’ve already sold my initial plus a .5 eth profit. Have 1 eth left in after this dump but might see where it goes

Better get out and jump back in ampl before the positive rebase comes through in 25 min.

>>24580286
>invested $2.5k
>got to $3.4k and dindt sell
>went to $2.5k again and sold there
the /biz/ way right guys??

lmao half of India just did the needful all over you fools

>>24580431
Better than most folk. I would have made $2000 had I gotten out before the rebase. I only made $700 cause I waited.

Theres one more wave left in this

this is just a shakedown r-r-right guys

We really need flags. Why do Indians have no idea the devs are dumping on them?

>>24580588
That makes no sense, we know how the product works. If the devs are dumping, they will rebuy at some point too, because this thing is designed to rebound. If devs have the capital to control price, as you imply since their dumps caused the price drop, then there is no point in keeping it in negative rebase territory. ITs rebound time.

What did you idiots think would happen... "Elastic" means theres gonna be a whiplash. And a massively overpumped one at that. The guys who toid you to fomo in? Yeah, they royally dumped their 3-4 rebased tokens on you. Another lesson you will never learn nothing from, right Anon?

So you're supposed to sell BEFORE the rebase? Wow. I literally bought in a minute before the rebase because I thought it would 3x. Now im in the negative kek

Haha I warned you fuckers, grab your scraps and buy back some AMPLEFORTH HAHAHAH
0xd46ba6d942050d489dbd938a2c909a5d5039a161
https://www.coingecko.com/en/coins/ampleforth

>>24580558
Yea, a dead cat bounce.
It's over.

What did you idiots think would happen... "Elastic" means theres gonna be a whiplash. And a massively overpumped one at that. The guys and degen youtube shillls who told you to fomo in? Yeah, they royally dumped their 3-4 times rebased tokens on you. Another lesson you will never learn anything from, right Anon?

>>24580658
So...you are actually happy that the devs might repump to get noobs again? What is this Stockholm Syndrome? People in base really do deserve to lose money.

>>24580765
you really weren't around for AMPL hey? If you were, you'd know how these things work...

>>24580728
You really are a piece of shit aren't ya.

>>24571319
>No, it's like buying AMPL under 3000 wallets fren

About 5k now. Exposure to the entire crypto market with a single token?! Fuck yeah!

LOL rekt

rugpull rejected

chainlink god gives his blessing

>>24581332
Bought yesterday at 99 cents. Sold at 1.11. Wanted to kms all today. After failed attempts to get the rebase bottom, bought at 88 cents. Qrd how fucked am I?>>24581332

>>24581412
you buy the next dip
why did you sell? lol. this is AMPL - look at wallet count (etherscan) and 24-hr volume on coingecko

>>24581412
>>24581431
I seriously just hold a bag of this as a hedge against the rest of the crypto market.
Get a load of that trade volume.
This is gonna be around for a while, lads.

how am i still up 3x despite the dump im stupid and dunno how this coin works

>>24566444
How long of a hold?

>>24581768
80 iq = 180 iq
sometimes

Liquidity providers are getting rekt hahahahahahahahagahaha

>>24581900
surely they're getting hit with massive impermanent loss right now

>>24581936
>IL
no, that's not the problem. The problem is they get fewer rebase tokens.
IL is low on rebase coins.

>>24581961
right, because their exposure is 50% BASE and 50% ETH?

So when do you think it starts neg rebasing boys, I figured it'd happen today to shake out noobs but this conveniently released audit news pumped it back

>>24581900
>>24581936
>>24581961

[Forwarded from BASE Announcements]
Hey guys,

Just want to remind everyone, that we have some massive updates to the CASCADE tonight. We are doing this to help mitigate the impermanent losses that have been experienced due to the rapid growth of BASE.

Expect higher APY, and a nice SPLASH!

Official announcement will come later

>>24582118
This is what ampleforth did and it shot up past top 50 within a week. Hyped as fuck for this

>>24582118
Source?

>>24582118
Isn't this what AMPL was doing with their geysers that helped shoot it to ~500M marketcap when it first mooned?

>>24582118
players

>>24582186
Literally says 'Frowarded from BASE announcements'...
t.me/baseannouncements

>>24568848
if the market cap goes up (i.e. more retards are buying), then you make money

>>24582177
>>24582221

But how specifically does that cause it to moon?

>>24582766
whales have incentive to stake their BASE because the providing liquidity becomes incentivized with artificially high APY for some amount of time. overall leads to less supply on market

i always buy the top damn it

i did a 30x already on this

>>24582863
few

i shilled the dip

>>24563416

Because it’s a SCAM by no name devs

>>24583941
it just get audited

>>24583941
Seriously, what is it with constantly posting this lie about the devs being anonymous? It's been proven wrong time after time.

>>24584213
lie is the nature of the left.

I'm hearing that BASE will be doing an AMA with someone from Chainlink? Anyone have any details?

>>24584530
Here it is anon - BASE will crush in over the next 10 days leading up to this ama... get even a small bit and ride the dragon or stay a poor fag.

>>24563472
fuckoff

>>24584213
they're fudding cause they missed out. KEK

>>24584610
Thanks man

>>24584530
https://events.chain.link/events/details/smartcontract-connected-smart-contracts-global-online-presents-base-protocol-and-chainlink-live-qa/#/

>>24584663
>missed out
People can still make money off this, though.
Easy money.

Get in boys, we're coming back;

" CASCADE ANNOUNCEMENT

SPLASH - 1212471.161 BASE

APY increase from 150% to 200%

We are thrilled to announce that we are adding 1212471.161 BASE to the BASE Cascade rewards pool! We are also increasing the APY from 150% to 200%!

How to participate:
https://medium.com/baseprotocol/how-to-use-the-base-cascade-df96381f166c

Note: We are making these changes to help mitigate the impermanent losses that some members in the community are dealing with. Impermanent losses affect every single token on Uniswap, and not specific to BASE. Please educate yourself on impermanent losses.

Staking is purposefully designed to be most beneficial once users have hit the 30 day and 60 day mark because this is when the multiplier increases.

We hope this shows our commitment to our community! We will always work to make things right for supporters of BASE."
t.me/baseannouncements

>>24575607
>>24573854
Alright alright you won this one. To those asking why sell before and saying I'm new go look at the ampl July chart, rebases started doing nothing since people where selling before it. You'll understand sooooon

>>24586479

still holding

https://twitter.com/WARONRUGS/status/1335173722383200256?s=20

>>24587372
waronrugs has been wrong about many things.
I ignore everything those retards say.

>>24587547
After cp3r i'm not going to take any chances. Fuck this.

>>24587729
Probably already sold, so whatever, but I would just like to address this by saying cp3r had an anon dev. BASE does not.
It's a highly visible team of white guys with long Linkedin profiles that go back years.
I guess there is still the possibility that they choose destroy their reputations forever to rake in some cash, but I fucking doubt it will happen.

>>24587790
Who's the lead developer?

>>24587811
This guy, apparently.
https://www.linkedin.com/in/chrisnoepena/
And here is the founder
https://www.linkedin.com/in/dylan-senter-31859353/

>>24587729
>>24587790
I'm back in it now
twitter.com/baseprotocol/status/1335523011202527232?s=21

Posted in TG lmao