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24952265 No.24952265 [Reply] [Original]

Red pill bullet points:
•Most used protocol in crypto after Ethereum.
•400m daily query volume.
•More daily query volume than Google in 2005, which was valued at $52B.
•10x growth in query volume over the last 6 months.
•52% query growth per month (As measured in July)
•Even if current growth subsides, it will handle more queries than Google does searches, in 2 years’ time.
•1% of query fees are burnt.
•The Graph is used by almost every single defi project, Aave, Snx, Uniswap, Gecko, Dextools, Chainlink, ect... The list goes on and on.
•Its near-term goal is to index all blockchain data, it's already indexed thousands of subgraphs and has hundreds of indexors and hundreds more curators.
•Its already a fully working and fully fledged product for thousands of subgraphs. With more being added every day.
•In the future, it will likely expand its horizon to index everything on the internet.

Napkin pumpamentals:
-Assume query fees are $0.001 (we will find out the real number soon)
-Assume network grows at half current rate for the next 12 months (conservative estimate)
In 12 months time the network will handle 10B daily queries (conservative).
This will generate revenue of $10m per day for network participants ~$3.6B per year. Plus 52% monthly growth. (Let's say 25% as conservative estimate).
To value the network at only 10x the yearly revenue would be disgusting for crypto. Literally never seen before disgusting. But let's be super fucking delusionaly conservative and only value it at 10x the revenue. (More realistic is 100x, but anyway...)
Then the network should be worth $36B in 1 year time.
Current FDV is $5.5B.
So even by the most delusionaly conservative measures, it'll do more than a 6x over the next year. (more likely to do 60x, or higher)
This thing could easily be worth trillions.

>> No.24952305
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24952305

it will UGHHHHMMMMM DOOOOOOMP

>> No.24952319
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24952319

>>24952265
>400m daily queer volume

>> No.24952333

>>24952265
>just ignore supply & huge amounts that will dump

>> No.24952499

>>24952333
How badly are you seething that you didn't buy it when we were shilling it at $0.12.
Next stop is $4.

>> No.24952969
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24952969

>>24952265
finally so actual technical discussion here.
you sir are a gentleman.

>> No.24953023

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA FUCKING FREEFALLING

>> No.24953060

It's time to sell not to shill. Keep the shills for the next leg up at 0.14$

>> No.24954098

>>24952265
its dumping reeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

>> No.24954317

>>24952265
>More daily query volume than Google in 2005, which was valued at $52B.
except google had the world to conquer, Graph has this microcosm known as Ethereum which is a fuck-all back-woods testnet of tech with no future.

>> No.24954344

>>24952499
>argument not detected

>> No.24954453

>>24954317
Ok so it only goes to rank 2.... m o n e y

>> No.24954479
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24954479

>>24952265
I can't read

>> No.24954754

>>24954317
>except google had the world to conquer, Graph has this microcosm known as Ethereum

Except you're wrong because the graph will index everything on the internet

>> No.24954835

>>24954453
again, you have no sense of scale. Ethereum's little ecosystem is microscopic and is not going to hold the #2 spot for very long. You're deluding yourself to think otherwise and further deluding yourself that a subset centralized governance token for a protocol living in the ETH microcosm is going anywhere near the market cap of the top 10 coins - EVER. it's pure stupidity

>> No.24954863

>>24954754
>Except you're wrong because the graph will index everything on the internet
jesus fuck you're retarded. Wolfram has already done this - and yes, google uses Wolfram.

>> No.24954948

nice, i'll buy in a few weeks when it's at .15

>> No.24954994

>>24952265
Should i sell my xrp for this? I have 3400 xrp.

>> No.24955013

>>24954835
>Ethereum's little ecosystem is microscopic and is not going to hold the #2 spot for very long
And what, according to you, is going to replace it?

>> No.24955033

>>24952265
>•More daily query volume than Google in 2005, which was valued at $52B.
kek your IQ is so low it hurts.

the graph is a backend service. for each google query, it triggers hundreds, maybe thousands of backend queries.

the graph is worthless and only non-programmers dont understand this. if they start charging for their queries, devs will just spend a few hours switching to something else.

>> No.24955034

>>24952265
none of this is proven

>> No.24955083

>>24955033
keep the fud coming i'll refute you when i re-enter at sub 0.2$

>> No.24955087

>>24954994
Also where do i store it once i buyed? Wallet

>> No.24955104

>>24954863
>jesus fuck you're retarded. Wolfram has already done this - and yes, google uses Wolfram.

Except its centralized garbage

>> No.24955134

>>24955083
you can't refute it, I'm an dapp developer and I use it, what I said is a fact.

>> No.24955140

>>24954994
Sold my Xrp and made 3x which I will likely continue flipping and just put back into xrp before January when the supposed switchflip happens

>> No.24955145
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24955145

GRT is like Google for Cryptocurrency. Imagine missing out on the opportunity to buy in at 50 cents. It's a no brainer.

>> No.24955186

except huge supply held by team and vc investors to dump on the market, not to mention, service has been offered for free so coin not needed

>> No.24955231

>>24955145
no, it's more like a useless, free, parsing library than can easily be replaced by 10 other things for free.

>> No.24955276

>>24955033
>the graph is a backend service. for each google query, it triggers hundreds, maybe thousands of backend queries.


Except the 400m daily queries measures the queries to the graph, not the backend queries. Idiot.

>> No.24955282

>>24955033
>switching to something else
>I'm an dapp developer
That's some sad larping, please stop
If you were a developer you'd know that there are no alternatives, and you can't really parse historical blockchain data on a wimp

>> No.24955286

i sold at the top when i woke up this morning and I know I will regret it

>> No.24955299

is 20k enough to make it ?

>> No.24955329

>>24954863
You fucking retard. We just had a SolarWinds hack which compromised so fucking much that we need to find decentralized solutions. Even if we're not just acknowledging that moving it to blockchain would se immeasurably safer. It would also be good to have it be decentralized in order to have the service never go down. Which is another thing that is really being put to the test with the US's security vulnerabilities. So as this anon said.

>>24955104
If its centralized garbage its getting replaced by the next best thing.

>> No.24955343

>>24955276
kek, how low is your IQ?

the graph is a backend service. 400 mil backend service queries is nothing. Like I said, for each front end query, google makes hundreds/thousands of backend queries.

For example in my dapps, each front end query might make 10 the graph queries, and that's for some simple ass shitty dapp. Google makes 100x more.

Your IQ is literally too low to comprehend what I write. Learn to code brainlet. Stop pretending you know anything about programming and just accept you've been BTFOed

>> No.24955361
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24955361

>>24955231
>no, it's more like a useless, free, parsing library than can easily be replaced
>I'm an dapp developer
Then do it. No balls

>> No.24955367

>>24955282
kek, learn to code brainlet, you can access historical blockchain data on any archival ethereum node, which literally every single Ethereum provider offers.

Learn to code brainlet, I know more than you ever will.

>> No.24955371
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24955371

>>24955299
>>24955286
>>24955282
>>24955276
>>24955231
>>24955186
>>24955145
>>24955140
>>24955134
>>24955104
>>24955087
>>24955083
>>24955034
>>24955033
>>24955013
>>24954994
>>24954863
>>24954835
>>24954754
>>24954479
>>24954453
>>24954344
>>24954317
>>24954098
>>24953060
>>24953023
>>24952969
>>24952499
>>24952333
>>24952319
>>24952305
אייקיק

>> No.24955425

I found a problem with the Graph project though,

>>24952265
The boolean parser is diametrically unsatisfied if you take into account the mathematical equations that underlie the protocol, I don't see how this is supposed to work out.

>> No.24955529

>>24955425
just making up bullshit. Anyway how many billions will this grow?

>> No.24955544

I'm trying to withdraw 1.5m grt from binance (I bought them yesterday sold my link for them) and it's stuck on processing for an hour now, I'm scared they're going to lock my account again and ask me to do a verification with a video with passport etc, I have everything to do it again, but it sucks.
I know it's a big amount to withdraw but wtf cz

>> No.24955576

>>24955544
fuck how the fuck you can buy that amount of GRT, absolutely insane amount, what s your selling target?

>> No.24955611

>>24955576
I bought 18k link in 2019, and sold them and went all in on grt at twenty cents.
I'll sell at 1$ and go back all in link for a fat stack

>> No.24955614

Is this shit going to dip further? Can't stand the suspense. Not sure if I should sell.

>> No.24955641

>>24955611
well done Sir, congratulations

>> No.24955692

>>24955614
I also sold at 47 cents I thought we were going to dump to 41 cents but then saw the pennant forming and bought back at 48c.
Does anyone >>24955544 know if they manually check txs this big?
I hate having my funds stuck on processing, feels like they're not mine anymore, sure I'm taking huge risk leaving it on binance, but I'm a cybersec and my pc and phone are autism schizo level secure.
I'll just use uniswap from now on, 0.3% fees are bigger but the stress right now is killing me.

>> No.24955727

>>24955692
never mind frens the tx is confirmed, they didn't fuck me over this time.

>> No.24955786

>>24955104
And why would you want it to be decentralized? how do you delete the CP etc etc? idiot

Still can't see a single altcoin worth holding. Holding BTC is already a risk at this retarded euphoria levels.

>> No.24955831

>>24955692
I lost 3k GRTs trying to predict this fucking dip. I still have a lot, but ugh I don't have the know how to trade fast yet.

>> No.24955907

How much of the supply is locked, and for how long? 10b supply is like too much imo.

>> No.24955914

>>24955692
>>24955831
swingies deserve this

>> No.24956003

>>24955914
I hope the rug is pulled while in your sleep and you have no open orders.

>> No.24956513

>Chainlinkgod shilling this
i'M IN