/biz/ - Business & Finance

>>25310550
Went from 9k DMG to 25k during the downtrend, goal would be 30-35k

>>25310610
Good, anon. GMI

Obligatory: Used cars on blockchain, what was I thinking?

>>25310650
> Used planes on the blockchain
> Used houses on the blockchain

>>25310637

>>25310666
Oh don’t worry I HELD dmg, bought public at .45 sold at 1.20. Good times

>>25310704
> Only X3

See the bigger picture anon

DMG initially pumped because of Draper and the thought that dmg holders would see revenue from the loans being created, after the defi crash people caught on that the token is basically useless outside of DAO usage in which who cares. Until they get staking going and provide Lon revenue to the holders this isn’t going anywhere

>>25310749
Lol the audacity of making three times my money instead of losing half of it if I held

Whats a suicide/make it stack of this shitcoin?

>>25310813
> What is token burn
>>25310828
Sorry I prefer quadrupling my stack and make a X100

>>25310834
5k suicide
10k make it

>>25310813
>DMG initially pumped because of Draper and the thought that dmg holders would see revenue from the loans being created
isn't that what happens every month though? doesn't the team buy a corresponding amount of DMG to the profit they made that month on uniswap & send them to the null contract address? Or am I missing something?

>>25310869
>> What is token burn
oh so he's just full of shit

>>25310869
You do realize that since I sold the top I can basically x10 my stack if I bought back in which I won’t. Instead of adding new money like you.

Yeah they burned tokens and what happened the price got worse lol. Like I said the token has no utility at the moment. Trying to help you anon

>>25310926
Yes you’re definitely missing something because even if they burn the total circulating supply continues to increase as they release more and more tokens. Circ supply is only 20% of total supply at the moment

I looked at their website and github and couldn't figure out what this project is supposed to do.
The protocol is a fork of compound and the front end of the app is a fork of uniswap (not FUD you can check on github and they admit as much on their website)
I could not see any significant changes besides rebranding and some parameter tinkering.
Do you guys even know what you are buying?

>>25310936
The chart speak for itself

Nvm, good luck for 2021 anon

>>25310985
The money in my wallet speaks for itself. You can’t argue from a losing position lol.

Even if you got in early and bought dmg at its lowest offering in public you’re down 33% compared to my 400% profit taking.

I wish the best for dmg since I made money off it, but they really have to change some things for you to make it. Right now all the money goes to the foundation.

>>25310936
>>25310968
>Yeah they burned tokens and what happened the price got worse lol.
Well no, I remember the price going up by like 10c when they did the last burn. Every month, they pump USD into the uniswap DMG/ETH pair.
>>25310968
>Yes you’re definitely missing something because even if they burn the total circulating supply continues to increase as they release more and more tokens. Circ supply is only 20% of total supply at the moment
Assuming the # of mTokens continues to increase, this monthly buyout I mentioned above will increase along with it.
>>25310704
>bought public at .45 sold at 1.20. Good times
Besides, if you were no longer holding, why are you so invested in fudding this?

By the way, i am the literal creator of OP's image (>>25310550), so you better shut the fuck up with your brainlet FUD.

>>25311074
It’s FUD that I took my profits? It’s FUD speaking factually that the price hasn’t improved as well as other defi projects despite burns and the money they’re pumping back into dmg? Sounds like these burns and top ups are just a way to temporarily up the price before it dumps back down from people taking profits or escape podding.

I’m supposed to respect your opinion because you made a dmg meme? Lmao you realize how pathetic that sounds right?

>>25311033
Time will tell then

>>25311240
>8 posts by this id
>allegedly sold this months ago but still replies to dmg threads
that's all i need to know.

>>25311289
Don’t care about the token I just like making you look like an idiot

Are you implying I’m still holding? You’re still not making sense. Then again you spend your time making memes on 4chan while losing money in dmg lmao.

>>25311240
>Lmao you realize how pathetic that sounds right?

>>25311359
>Are you implying I’m still holding? You’re still not making sense.

>>25311240
>I’m supposed to respect your opinion because you made a dmg meme?
yes

>>25311240
literal definition of a redd*t tourist post right here