/biz/ - Business & Finance

>>25150243
It’s not great yet I don’t think but it is an extremely cool idea and seems to be more or less honest. It’s probably better than an 8 mil market cap.

Literally no other exchange than Binance (and like two other major CEXs) matter and listing on those costs millions. DEXes are the way and you seem too simple to understand this.

>>25150243
I mean, it's called Scamtera for a reason. Apparently Scott re-joined just so people would pour money into the new pool. Little do they know wSTA doesn't actually exist and it doesn't have an immutable contract like the official token has. This allows the team to rug whenever they please. Abu and Megan have been spotted in Lagos by some bystanders where allegedly the couple recording "cute" tik tok videos on the street. Souvlaki on the other hand managed to pull together a mob of Turkish gangsters in an attempt to overthrow the government. Some say he was behind the 2016 coup d'état attempt but he lacked funds to keep all of his soldiers motivated. A prodigy, caught up in the world of criminality and brutality.

>>25150243
>Why nobody is buying Statera if it's so great?
Up 200% in 2 weeks
A hell of a feat, considering nobody's buying... kek

>>25150285
Explain to me how Statera is cool or revolutionary in any way shape or form. It is a premined ERC20 token that sits in a balancer pool. They didn’t invest balancer, that is not unique.

>>25150243
Because it's a dfi product not a cryptocurrency. It isn't intended for a billion little bagholders to run around with it. There is no level1 service like connectivity or compute associated with each token - rather, they are assets. They're goods. Few holders for a long term letting the software work its magic.

>>25150243
These third world fudders aren’t even putting any effort into their fud anymore.

>>25150243
Nice try but you're not getting another chance to buy at 0.03. This train has left the station.

>>25150243
It is also a community based project with no VC or institutional backing. Thisvis fundamentally different from INJ for example. Bitcoin adoption rate is more relevant, so this is more of a slow take off

>>25150425
I don’t think it’s revolutionary or that it invented anything but they have made creative use of the toys available to make something that 100% is needed. I often want to invest in crypto but I don’t want to be stuck buying just one coin or speculating or working hard with every spare dollar I have for crypto. I need an index fund so I can just follow the growth of the market cap with much less stress. Granted for right now Statera makes you work really hard to get to it but once uniswap v3 and eth2 are our I will be able to just use my spare money to invest in in Phoenix fund without usurious fees instead of what I do right now which is speculative time consuming and quite frankly annoying that I have to constantly investigate massive numbers of coins and do non stop dd for every penny I spend on crypto. Frankly I hate that process. Statera offers a cool solution to this.

>>25150243
still better than xrp, maybe when xrp gets delisted they will replace that shit coin with this shit coin lol

>>25150400
keep me posted.

>>25150243
I don't understand why anyone would FUD. Did you read the white paper? Chainlink is a dead horse bleedings Sats everywhere.

>>25150505
But dude like I said, balancer pools exist, it is not Stateras invention. You don’t need statera to buy an index, that is literally what balancer pools are and there are thousands without statera and with way more diversity.

>>25150243
Li'l Piggu no!

>>25150582
You got...like..halfway to understanding this high IQ coin. Congrats.

>>25150505
Statera did invent something, though. A deflationary currency has never existed in crypto -- or fiat -- ever, to my knowledge. It's a stupidly simplistic mechanism of action, but, can you think of an alternative?

Coordidated Fud...weak one at that

>>25150582
I tried to look at those things and how they work and my brain turned to mush. I guess Statera might just be another balancer index fund with an unnecessary token but it’s set up with a degree of user friendliness that lets even someone stupid like me get to it. Maybe if you can show me how to learn to use the balancer pools to make my own index fund or buy into a good index fund id actually really appreciate you. Statera I guess is betting that there’s a population of people that could use some help using balancer and maybe all they are doing is spoon feeding noobs with a greedy payment system to make it happen. But I still think this is an interesting use of the tech. Most of us aren’t that deep into it where we understand balancer pools solidity contract writing etc. I guess that would be statera’s niche. People savvy enough to use uniswap but not savvy enough to use balancer. Any help with how to use balancer would be greatly appreciated

>>25150699
There are a metric ton of “deflationary” currencies. Hell the US dollar deflates when the fed raised interest rates. It deflated massively during the depression. Their use of the word deflationary was one thing that scared me away from the project at first but then I saw that they were using it wrong and just ignored that part. The market decides what is deflationary and what isn’t and there are tons of tokens that use burn mechanisms in an attempt to be “deflationary” and suffer massive inflation (in the form of value drops see bomb and nuke)

>>25150705
>I tried to look at those things and how they work and my brain turned to mush.

Just relax, fudder. A lot has to be understood to appreciate Statera's ecosystem. It's a bit complicated. It's not necessarily baby's first coin -- and if it is, you REALLY REALLY REALLY got lucky. Just like how people got lucky with Bitcoin.

>>25150699
I could name you a few deflationary cryptos that existed before Statera. Statera even copied the code from one of them, (BOMB)

>>25150802
I don’t think you can read.

>>25150243
The marketing and website have scam-tier English.
Like this shit:
> Every trade for Statera creates an arbitrage opportunity. Trading attracts liquidity, which in-turn attracts trading. Liquidity ripples and the supply of Statera decreases.

What the fuck does it even mean? It's Pajeet-tier English

>>25150438
kek, always the same...

>>25151004
It literally doesn't say that, but nice try

>>25150243
i sold STA for loss 70% loss 1 month ago, i am so happy i bought DFD instead of this STA utter shit tranny coin

>>25151876
Cope harder fag lmao

>>25150243
we told you for months
this pic already predicted 3 of those coins

If it wasn't for the jannies, you were all b& long ago. Thank them for not acting on mass reporting your threads for spam

Soften your forehead.
Unclench your jaw.
Relax your shoulders.
This is a reminder to stop holding tension in your body.
WAGMI.

>>25150243
Merry StaXmas ya filthy animals

>>25150243
Not even a dashboard yet. Seriously they need to get rid of Abu. He can't even get a simple dashboard together in how many months? Filthy fucking nigger

>>25150243
>GRAPH
OH NONONONOO

>>25152006
If you spent less time being a schizoid and more time thinking about your own portfolio, you probably could’ve made a 3x of statera alone stupid nigger

>>25150243
kek STA is absolutely destroying LINK in price action
I should’ve sold all my link for sta at 0.03 lmao
Also never selling

>>25150805
Statera was first released as the Burn token, which I believe actually predates BOMB. >>25150794
We're using the term deflation differently. I mean a currency that is inherently deflationary rather than a currency that has encountered a deflationary period. If the US dollar deflates...it's vs. another pegged asset. Statera deflates vs. itself.

>>25156255
Ah, you're right. Burn token came out 100 days after BOMB.

Interesting. Seems like the devs never figured out a genuine use case for it so Statera did.

>>25156313
Probably not going to see a wBOMB or dashboard from Bomb. Seems like someone smart as fuck saw this and realized they could recreate it and put a bit more work into it and make a billion. Statera by itself IS just a ponzi scheme, without proper financial instruments.