/biz/ - Business & Finance

Weak hands getting shaken out. They will FOMO in again at $2

>>24959334
>>24959351
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.

>>24959334
>tsla of crypto
This is a mass paid shill campaign at this point right? I mean who legitimately says something like that?

>>24959351
I have a 900 stack,
0.31c avg.

Funny little number go up!, Whens the next dip low point, I see it going down slowly now.

>>24959452
Im buying the dip at 0.36ish

>>24959370
>buy my bags the post

>>24959334
>FUDing the tsla of crypto
Biggest fucking sell signal of all fucking time!

>>24959501

see you at $5

Dead coin, sell your bags now. Nice pajeet rugpull

>>24959495
smart man if it works, I wish you luck. But the 40c support is insane; You might be left behind.

>>24959522

Moron. Show me a pajeet coin with 1 billion in volume.

>>24959541
Bought at 0.38 lol

Idiots panicking at this first correction will get left behind

>>24959626

its called rug pulled

long 0.40 cents to $1.

Hodling my stack of 230k grt

See you boys in 2 years either as a millionaire or precisely the same as I am today

yeah think im done with crypto forever, this shit ruined me, -40% in just a few hours

>>24959892
Yngmi

>>24959892

thank this man

>>24959892
I bought the top too fren

Just bought the dip, I'll see you at $1 grt bros

the plan frens

Graph is querying the database of historical data (which has already been happened) via code environment.

PARSIQ is not querying, it is performing transformations on live streams of events (that have not happened even yet) with automation triggers, user data and direct integrations with on- and off-chain apps, devices, web services. Also not just ETH, but blockchain agnostic and available for both coders and non-coders.

Not saying the Graph is a bad project by any means. Just that it doesn't really bring any new innovation to the space in my opinion. There's a million projects doing GraphQL based queries.

Parsiq Market Cap: 31 million
The Graph: 400 million

>>24959841
ngmi. what are you holding RLC?

>>24960154
How many projects use Parsiq? Thats right none

>>24959334
>thread to pump my bags.

People are literally selling because its scam PnD and everyone knows it except loosers who bought late(you) and now enthernal bagholding

>>24959892
I remember in the past when I was a tourist here and saw the linkies wrestling with under 1 dollar prices
the biz of motto is to hold some promising shitcoin
if you want to daytrade become a stock market fag but that shit is boring

>>24960243
Chainlink
Binance
Algorand
Dash
Celo
Coinmetro
Bitfury
Etc.

Yeah

>>24959522
>>24959841
Holy shit you fudders love the phrase 'rug pull' these past few days.
Absolute NPC's that just copy what they read on the last post.

Looks like a dump to 0.25 cents to me........

>>24960439
titanium support at 35c

>>24960416
they don't know what a rug pull actually is

>>24959563
Matic, lol

>>24960313
Parsiq uses Chainlink bruh, not the other way around: https://blog.parsiq.net/parsiq-now-allows-chainlink-price-feeds-to-be-used-as-smart-triggers/
"PARSIQ is excited to announce that we have successfully integrated Chainlink’s price feed oracles live on mainnet into our monitoring and automation platform."

imagine if this actaully becomes the sole api for blockchain.
JESUS.