[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 132 KB, 1280x853, 1_tFvTpNLhiBLmB10V_6gYmg.jpg [View same] [iqdb] [saucenao] [google]
26106049 No.26106049 [Reply] [Original]

I bought almost 10k$ worth of STA over the last 2 days, it equals to around 2 years of wagecucking in my 3rd world shithole, I myself have been saving it for almost 4 years

I still don't know what it does, I saw a few condensed tl;dr explanations but I didn't understand it anyway due to excessive amount of big brain words. I just liked the logo and it was one of the first coins I stumbled upon after opening /biz/.

Is it a good investment strategy? Am I going to make it?

>> No.26106070

cool larp

>> No.26106074
File: 47 KB, 591x631, D3UTRGQWAAIt0ja.jpg [View same] [iqdb] [saucenao] [google]
26106074

SCAMTERA

>> No.26106078

>>26106049
> Nigerian lead dev (Abu)
> Tranny community manager (""Megan"")
> Whole project is fifteen lines of code
You tell me. Does this sound like a good investment strategy?

>> No.26106112

i have 100s of bags of scamtera tied up in little little baggies in my garden waiting for the day they moon. yes they might be literal dogshit but everything has to go up like in 2017 right? even dogshit can moon too. PLEASE BYUT IT IM DOWN 33% ON MY INITIAL INVESTMENT FUCK YOU BIZ U SAID IT WOULD GO TO $10 FUCK FUYOUFUC YOUUUUUUUUUU

>> No.26106142

>>26106049
Go to
https://pools.balancer.exchange/#/pool/0x55353cbadda8fd525f0e6f307b3527d518416700/swaps

And try to answer these three questions:

1. What do the pool holders gain.
2. What do the swappers gain.
3. How does STA benefit them both

Compare that to other pools without STA

>> No.26106197

>>26106078
Fuck... I just checked, it's all true. Should I sell it now? I'm 10% up, it's almost 2 months of wagecucking

>> No.26106332

>>26106197
Up to you if you want to sell or not but never be afraid to sell at a profit even a small one.

>> No.26106484

>>26106049
Kind of same. Yea you’ll probably make it

>> No.26106529

Stabros, refute this pelase: >>26106078

Or I am selling

>> No.26106570

>>26106049
Total newfag here too
If you're in, I'm in
Will pick up 100K

>> No.26106603

>>26106570
Nice

>> No.26106762

>>26106529
you better sell then retard cos its all true

>> No.26106920

Same, I only invested into this because of the micro low market cap. Never read whitepaper, don't care

>> No.26107045

>>26106049
Sta will at the very least reach 100k mc. When that happens you'll be able to live off the passive income like a king in your country

>> No.26107565

>>26107045
wow one hundred thousand, seems pretty accurate desu

>> No.26107626

>>26107565
Meant 100M obviously retard

>> No.26108012
File: 35 KB, 735x541, ZryJ2oZ.jpg [View same] [iqdb] [saucenao] [google]
26108012

>>26107626
>doesnt know the difference between 100k and 100m
>im the retard
heh ok pal

>> No.26108412

>>26106529
Abu is not a dev. He WAS project manager, but was replaced. Megan is a chat mod, not a "community manager", and is not a confirmed tranny.
>Whole project is15 lines of code
The STA token contract is 15 lines of code. That's just the token. Not the "whole project".

>> No.26108422
File: 131 KB, 888x888, 1594419912809.png [View same] [iqdb] [saucenao] [google]
26108422

>>26106142

>> No.26108652

In short, if you buy 10k STA you will make it. If you buy 100k you will be rich.

>> No.26109186
File: 1.22 MB, 829x1015, 1609616509714.png [View same] [iqdb] [saucenao] [google]
26109186

>STANOS ATH
>INFINITY ATH
>Volume approaching ath
>Balancer re-listed
>STA/wSTA arbing
>Way more active team/community
>Growth is organic, not PND
>10-15M tokens will be burned this year

>> No.26109463

>>26109186
>Balancer re-listed
what does this mean for the token?

>> No.26109536

>>26109463
It means we can claim BAL rewards for pooling again on top of the gains from providing liquidity

>> No.26109552

>>26109463
full bal rewards for balancer pools

>> No.26109567
File: 69 KB, 888x888, 1585719915028.png [View same] [iqdb] [saucenao] [google]
26109567

>>26109463
It means that a major obstacle to wider adoption has been remedied.

>> No.26109573

>>26109186
what if we fall to zero tokens

>> No.26109683

>>26109573
At a 1% burn rate that number substantially decreases as the supply goes down, so in the next few years about half the tokens should be gone. After that, it will slow exponentially. We won't hit 0 in our lifetime for sure. The price of each token will be much, much higher though

>> No.26109715
File: 50 KB, 777x525, 1605736912705.png [View same] [iqdb] [saucenao] [google]
26109715

>>26109573
It doesn't work like that. The burn isn't a fixed amount. It's a percentage; 1% each time. It will take thousands of years to reach anything close to zero.

>> No.26109747

>>26109683
i understand, but once we do in future generations, just means project=dead?

>> No.26109775
File: 145 KB, 777x777, 1610646530822.jpg [View same] [iqdb] [saucenao] [google]
26109775

don't get me wrong i hold 20k sta and believe in this, but thats the last thing i just don't understand maybe i'm to stupid.

>> No.26109803
File: 155 KB, 888x888, 1610747314696.jpg [View same] [iqdb] [saucenao] [google]
26109803

>>26109683
>>26109715
thx for explaining so far tho.

>> No.26109815

>>26109747
If you're thinking 100-500 years out, then maybe. But don't forget that everything moves in cycles, so by then there will probably be 100's if not 1000's of clones. But Statera has the first-mover advantage; just like Bitcoin did, and will be the forerunner

>> No.26109936
File: 135 KB, 888x888, 1610330999349.png [View same] [iqdb] [saucenao] [google]
26109936

>>26109815
mhm... got you, so its actually good for us early adopters to be in and profit from the first "massive" burning effects before it goes down the line and decreases in effectiveness. Thx for explaining this to me.

>> No.26109943

>>26109803
NP. If you want to see what another STA rip-off looks like in the present day, search CoinGecko for XMM. Another insta-killed token was Statera Diamond. No other coin like this has pools that are already balancing, burning, and providing volume already with a huge community behind it

>> No.26109967
File: 36 KB, 604x749, 40f.jpg [View same] [iqdb] [saucenao] [google]
26109967

>>26106049
You've made it anon

>> No.26110144

>>26108412
This
>>26106529
If you're going to hold STA, you need to become immune to the fud

>> No.26110202

>>26108412
If Megan is not a confirmed tranny, he is still a confirmed knobhead.

>> No.26110204

>>26109943
This ..feels too comfy holding.

>> No.26110217
File: 784 KB, 700x700, stat1.gif [View same] [iqdb] [saucenao] [google]
26110217

we good... stay strong brothers

>> No.26110532

Ring of fire..

>> No.26110602

John will buy up all of the supply so you can't add liquidity to the pools. It's over.

>> No.26110665

Price prediction?

We’re ripping through $2 this year

>> No.26110746
File: 53 KB, 888x587, 1600317172252.png [View same] [iqdb] [saucenao] [google]
26110746

>>26109775
If you keep reducing any number by 1% you will never hit zero. Whether you're starting off with 100 or 100 million. Also, STA goes all the way down to 18 decimal places. So if today we have approximately 83 million tokens left, that looks like:
83,000,000.000,000,000,000,000,000

>> No.26110996

>>26110602
And after he does all that, John will wake up.

>> No.26111843

>>26110665
3-5$ EOY +10$ EONY

>> No.26111899

How can I see my gains from the stanos pool and sta/wsta pool?

>> No.26112195

>>26111899
https://info.uniswap.org/accounts

>> No.26112245

Brainlet here can someone explain how this pooling thing works , I deposit wrapped sta into a pool and what do my gains look like?

>> No.26112247

OP, if this amount is quite material for you, I suggest you don't gamble it. I don't want anymore anons to rope.

>> No.26112390

>>26106197
>>26106529
>>26108412
Listen. Go back to the archives in September-October and look up "Abu Cameroon". Abu used to live in Cameroon until serious criminal charges for fraud were placed upon him. He fled back to Abuja in Nigeria afterwards, where he met Scott, who is also not the most honorable character. I used to be balls deep researching this when STAT was first released. Don't do business with the Africans, it's just not worth the fucking headache.

>> No.26112415

>>26112247
Isnt life just one long rope?

>> No.26112624

I bought the absolute top and I am selling as soon as it goes back

>> No.26112744

>>26112624
>I bought the absolute top
You mean in August?

>> No.26112760

>>26112624
Sounds good, anon. Just make sure you are mentally sound beforehand and don't snap after it quickly doubles thereafter

>> No.26112776

Keep fudding. I bought a handful of small coins and statera was the only one that didn't dump to zero and get abandoned. If it's a shitcoin it's a shitcoin with staying power.

>> No.26112814
File: 356 KB, 888x888, 1579870517077.jpg [View same] [iqdb] [saucenao] [google]
26112814

>>26112624
The fudder who acknowledges it's going to moon.

>> No.26112938

>>26112776
Statera is here to stay it seems

>> No.26113011
File: 3.14 MB, 1200x900, never-selling.gif [View same] [iqdb] [saucenao] [google]
26113011

>> No.26113114

I bought at about 80 cents 11 months ago and I am just waiting for it to get back up there to sell :\

>> No.26113222

>>26113114
Nice larp, it's never been that high (yet)

>> No.26113655

>>26112390
I agree, but I make exception to Andre Cronje. He's from Africa, but he's different.