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/biz/ - Business & Finance


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File: 61 KB, 1092x962, rubic.jpg [View same] [iqdb] [saucenao] [google]
26368792 No.26368792 [Reply] [Original]

Where is this going? 50 cents? 1 dollar? 5 dollars? Zero? Support your argument with evidence.

>> No.26368956
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26368956

>>26368792
Its going to 5 dollars. That piece of shit uniswap technology is 8 freedom units, this solves many of its problems

>> No.26368987

Binance just tweeted about them, they're a Dex/AMM for 3 bloackchains among which BSC, will support cross-chain swapping too.
Look at other comparable projects like Sushi and 1inch. DYOR.

>> No.26369070

>>26368792
layer 2 tech means swaps as low as $0.01, uniswap right now is $20. so you tell me anon? Will they be big??

>> No.26369130

>>26368792
In the short term it will price in at around 30-35 cents. It could touch 40, possibly 45 come the 28th, but it will probably stabilize to around that point. In the mid term, if nothing terrible happens to the project, it can easily hit 1 dollar by the end of Q2, and possibly 3-4 by EOY

>> No.26369160
File: 117 KB, 960x1280, photo_2021-01-22_14-53-27.jpg [View same] [iqdb] [saucenao] [google]
26369160

>>26368792
One billion US dollars

>> No.26369266

>>26368792
This is going to $15. Just compare mcaps and supplies of Uniswap, Sushiswap and Balancer as a reference. Anything under $10 is definitely F-U-D.

>> No.26369304

>>26368792
Well, I'm skeptical that they'll manage to dethrone 1inch/Sushi/Uniswap, but the foundation behind their platform is solid. Dev team seems trustworthy and doesn't give up on their projects. They have continued supporting MyWish since 2017 even though it was never a big success. They delivered all the features they promised for their MyWish project.

Current market cap is very low so there should only be upside from here. Optimistically I see them attaining a $100 million to $150 million market cap if they're only marginally successful but if they end up becoming a bigger competitor than I'm expecting then a $1 billion market cap is not out of the question.

Projected price is therefore ~$1-$2 for a mild success and $5-$20 if they become a big success.

>> No.26369355
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26369355

>>26368956
Long term $5 is possible if they don't fuck it up. Short term? Probably around 80 cents to $1 by Q2.

>>26368987
This right here ladies and gentlemen. Binance is working with them to get this shit working. Anyone who can't figure that out is a retard.

>> No.26369387

>>26369304
and factor in alt season and bull market, short term it could just pop out of pure FOMO

>> No.26369396

This is going to $0 because it is a scam and it will be rugpulled.

>> No.26369453

>>26369396
>This is going to $10

Fixed that for you

>> No.26369479

>>26369387
it kinda already did that but i guess it could continue.

>> No.26369487

>>26369396
>This is going to $100
fixed that for you

>> No.26369504

>>26368792
how does 500 dollars per rubic token sound?

>> No.26369690

>>26369479

There will be a steady run-up from ~16c to ~25c until the 28th, then a FOMO mini-mooning upon listing. Expect 35-45c EOM before correct back down to 25-30c. If you can get in at 15.5c on the dips today DO IT.

>> No.26369929

comfyyyy

>> No.26370196

>>26369355
why would binance want an exchange competitor to work better? even if it indirectly benefits them they'd do better for themselves to not enable competitors.

>> No.26370360

>>26369479
it was a microcap lol

>> No.26370612

Because of simply binance

>> No.26370619
File: 326 KB, 1073x1112, 1611327377659.jpg [View same] [iqdb] [saucenao] [google]
26370619

>>26370196
Binance dex currently is shitty because people don't want to buy bnb directly, create a wallet that is compatible with it, and then use their dex. The reason they would benefit is because rubic would allow an easy way for people to access the binance dex by just trading their ether based tokens swapped for binance smart chain tokens. You're welcome newfag. This is a BRIDGE to help people have easier access... Hence the name of the project "Panama Binance Bridge" anon... Use your brain here.

>> No.26371043

>>26369690
there's some confusion with the 28th announcement. part of the RBC tech is getting implanted on Biance, no date for a listing yet.

>> No.26371180

>>26369304
Dethrone. Kek.1inch was a nobody like 3 months ago.

>> No.26371270

>>26369266
Checked and based

>> No.26371688
File: 581 KB, 886x1425, Screenshot_20210122-061656.jpg [View same] [iqdb] [saucenao] [google]
26371688

WAGMI

>> No.26371705

>>26368792
Rubic is not a project you should be investing in long term. Reasons:

1. Market cap: $16M !!! For a swap exchange that has a really shitty UX and product, cannot be even compared with 1inch (used by Rubic primarily and has stellar product with $172m market cap and 8b monthly volume). With 98.4m circulating supply, reaching $10 is not possible in a gazillion years looking at this shitty product.

2. Usecase: Who the fuck wants to swap on Binance chain outside of Binance!? Also why the fuck would I use Rubic when I can easily get the best prices on 1inch, Uni or Metamask swap?!

3. Contant shilling: Pajeets scamming this board just waiting for you poorfags to pump the price so that they can dump on you!

4. Inexperienced tech: Their dev team/tech is really inexperienced compared with dev teams of the defi world. Check the dev teams at Sushi, Aave, 1inch, YFI, CRV, Uni, SNX. These guys dont even stand a chance.

Worst part: The website was down for almost 2 hours which has happened 2-3 times so far (server load is a shitty excuse)! Imagine website going down during a swap.


That being said, yes the constant shilling on biz might pump the price a bit maybe but this is never a safe long term hold, because either you might get rugpulled or whales might dump hard and the price would never recover and you would be holding these coins forever.

So DYOR. There is no reason for you to use Rubic when there are literally 100x better products in the market. Oh and yes binance smart chain recently tweeted but that doesnt mean this coin is going to be listed on Binance, not atleast with this shitty product and dev team.

>> No.26371849

>>26371705
DR;NS