/biz/ - Business & Finance

w-what

BAO BOIS JOIN THE TELEGRAM CHAT
BAO CHADS ONLY

t.me/joinchat/
UF-mfzhSIOzYhaMR

>>26555429
Why did they kick you out of the discord?

>>26555444
cause he was a faggot

so comfy

Bao Finance Official Telegram

t.me/Bao_Finance

>>26555444 WE STILL THERE PUSSY
STOP COPING >>26555540

>some faggot bizpajeet shills this
>I buy
>immediately starts dumping
fucking scam niggers

>>26555667

A word of advice, never buy something that has already done a 10x in the last 2 days.

>>26555667
Bought this shit at ATH, literally minutes around its dump, nobody but myself to blame

>>26555667
Everything is dumping

>>26555773
yeah, buy bleeding assets like xrp, retard

>>26556032
Can't tell if sarcastic or not but I also own XRP lmao

How much is a suicide stack?

>>26556740
500k suicide
10mm gonna make it

Listen up bao bros, new pump POSSIBLY incoming. Previous suspected break of uptrend is correcting back to said up trend from the last horizontal support. If we break back in we might go to ATH again. Next hour candle should tell!! This is not financial advise niggers.

>>26557398

I wish you guys the best, I cashed out at 0.0007 and have just been watching ever since. Too many idiots in the discord and it makes me nervous.

>>26557449
using defi exchanges with liquidity is terrifying because the token team doesn't have to be the one to rug pull. Anyone with a huge stake can dump the token at any time as long as there is liquidity at said token exchange. But there is a lot of bao out there so you better have huge bags if you want to rug pull lol.

>>26557398
But I am tired and need to go to bed. I just missed that massive pump last night. I don't wanna work FT anymore I just wanna work my old shitty PT job and be happy, guys. The gubment will forgive us for not paying rent, right?

>>26555573
Bao Finance doesn’t have an official telegram, Raaj.

>>26557449
Good on you, i wish i did that too. But its slowly going back up now, just so you know

Still just a humble farmer, tending to my bao.

>>26558263
Bro I respect your grind but....NGMI without more funds.

>>26558263
did you really pay 60$ gas fees to harvest 1$ of bao

How many to make it, senpai?

>>26558733
The value will decrease over the next couple years so...its very risky.

>>26558771
I only care about this year

>>26555667
>buy rubic after dump
>it dumps more
>buy link
>dumps 30 min later
im just gonna hold now, im too retarded to time it right anyways

>>26558786
I don't see it going past 1 cent but the autism of biz and the internet has done amazing things to stocks and crypto alike. DYOR and decide. baoman said himself that this token was NOT made for investing but sushi is at $8 so who knows what the hell could happen. Not to mention that almost none of the new upgrades to the bao token ecosystem have been implemented yet. So we could see meme prices come 3-5 months from now. I really don't know.

should I buy a bag ? and does it matter if I decide not to stake it ?

>>26558652
I bought 2 mil and immediately staked. Then an hour later I bought and staked another 2 million and when you stake it automatically harvests whatever you've accumulated.

>>26558948
Yeah probably. Its up to you but I think its sound for now.

>>26558263
I'm new to this defi shit so this is probably a dumb question but my worry with staking is that couldnt bao just steal your UNIV2 tokens and then trade them in on uniswap and steal your pool contributions there?

lmao, if u don’t understand how to get cash with market volume on crypto just forget your wallet and fuck off from this topic

cmon, I am too experted to believe in this trash, that’s why I will get my BASE on Uni and go in Cascade system for amazing profit with passive rewards

>>26558833
>timing the market
Unless you have the time and ability to autistically scour charts and social media / groups and do research constantly don't just randomly buy into pumping coins. You are better off buying steady growing coins and tokens. Research DCA or daily cost averaging in the crypto world.

>>26559028
>that ID

Whats the official discord? Not a Pajeet btw

>>26559044
ok thanks 'jeet, I'll be over here in my comfy steam baosket

>>26559458
anon... it's a bot

When is the xDai integration kicking in?

>>26555314
I just checked sushiswaps website. Big changes since that dev did that anonymous dump. Whoever they got now is much better. This is gonna be awesome for bao and sushi.

>>26560682
last day to harvest BAO gains from the ETH-BAO UNIv2 contract at current rates (1000 * 32) is March 1st, after which unharvested gains are prorated to the new rate (250 * 32). So sometime after then.

>>26560607
well now I'm just embarrassed

guys... i don't feel so good

>>26559044
Are you saying put your Entire Portfolio into BASE to yield rewards, I just want a understanding on how I pool my BASE into cascade? On UNI, pooled with UNI Coin?

>>26560792
ppl will fomo so hard soon

>>26556953
12M stack
5.5M staked
Already made 2M Baos farming
Never selling

>>26557449
If you got in at $0.00007, a suicide bag of 10M BAO was less than $1k
That's worth a gamble

>>26558263
Yo why does my shit doesn't say how many baos are locked? It only says how many I've accumulated, 0 locked

>>26559035
They could. Don't play with money you can't afford to lose

>>26559300

t.me/Bao_Finance

Please dont bring normies

>>26561403
The BAO gets locked when you harvest. I added more BAO to my stake, so it automatically harvested.

Is it going back up agian to 0.0007?
what do you guys think

>>26561426
Thanks for the reply, I'm not too worried about that happening but I just want to make sure there isn't some basic defi concept I'm missing as part of all this

>>26559035
Stay away from DeFi...

This thing's getting tossed by the changs every evening and then I always wake up to good news. Wish me a prosperous sleep. Still 8x.

>>26561520
You mean stay away from DeFi and let Wall Street and big bankers control the financial world as they've always done?
Brah you don't get it. DeFi is the final frontier. The internet killed all established orders, from communication to content to commerce
The only old orders still left standing are finance and governance
DeFi is doing for finance what e-commerce did for traditional retail and social media did for trad media

I'm so bullish on DeFi its not even funny

>>26555314
I get you like cock

>>26558416
4 million staked is totally fine

>>26562049
He meant that this retard needs to stay away, he's never gonna make it.

What do I need to do on March 1st with my staked bao, unstake to harvest and then change Bao-ETH V2 tokens to xdai?

Guys bao would only need to make 5x to get to a tenth of sushi's mcap, that makes me bullish

Guys, I'm scared. Do I FUD out?

>>26558263
Were roughly similar except you got over a week of time on me

>>26558263
What are you doing and how do you do this

Why don't whales simple pump it more? You get a x10, not counting the swinging, and don't prop up the shit?

how long we bleeding out for
this is retarded
could be time to cut this loser

>>26563124
Zoom out, we're only getting started, look at Cardano (ADA) , same shit happened after 1 month now it's a top 5 coin

>>26563167
pinky promise?

>>26563197
well i bought 2000$ worth when it was at 0.00072
so i'm one of the guys that got "dumped" on but the project hasn't even started yet so i'll see what happens, it will go up feb 27th for sure though because of the xDai migration. Can always dump it then and go in another defi coin. but i'm in the bao discord and it seems legit.

>>26563234
>xDai migration
How big a thing is this really?

I got in at about the current price, could leave this mess going even.

>>26563167
I just sold, it will go back up now

>>26563299

>>26563015
He is staking bao-eth tokens in an equal amount to provide liquidity to decentralized markets, right now you can make a large APY if you get in this year. You are vested for 5 years on the rewards, you can unstake your original tokens when you want. Go to the discord channel and look in the help section

>>26563197
if you're not already locked in and farming like it's going out of style, I dunno what to tell you, bud. this isn't one to try to flip for a quick profit. in fact, the fee system is designed to explicitly bring that point home. ngmi

>>26563359
moon time

>>26563418
How the fuck is a Bao ever going to reach 1 cent with people farming literally hundreds of thousands BAO each day?

>>26563487
from the docs:

"When a user earns tokens 95% of that token balance is locked on to a 3 year vesting cycle that is 1 year delayed.

This means a user will receive 5% of the earned bao upfront, then starting one year later they will receive the remaining 95% of bao evenly distributed day-by-day for 3 years.
While the initial earning phase of bao is expected to only cover a two-year time frame, it will take 5-year before all token have made it to circulation."

Any $BAO that gets to market will get bought up by newcomers looking to stake and farm on new/profitable baskets, or by oldies looking to compound their gains. Also, as the ecosystem expands, everyone has incentive to hold so as to keep the DAO democratized. Remember that farming fees go to the treasury - so, there's a lot at stake if the price dips/loads of $BAO gets liquidated.

I'm out for the night, keep up the good fight baochadz.

>>26563487
Bao is going to be locked up in synthetic assets, like proof of stake in a way and will give you a return % if you bother to farm, not all tokens will ever be available at one time. This isn't the only coin that does this but check their faq section on the website

>>26563801
Does that make a coin retarded or am i retarded

>>26561488
Will crab for a while its time to accumulate,

>>26563846
Point is, ppl on biz thought chainlink was a retarded meme several years ago. This could be retarded too, wait a week for prices to crash to normal and buy in if you have extra cash. Only spend what you can afford to lose anon

It's dead. Don't go down for a cute snack, coomers.

>>26563487
Bao will be burned to create synthetic assets
Farming rewards will taper off and stop completely in 2 years

>>26564121
hah. you are just saying this to buy the dip before feb 27th

>>26565391
How much will it go up by tho

>>26565529

It may pump a lot from there but nobody knows for sure you fucking dickead

This fucking thing needs to hit 1c so I can cash out my entire 12M stack.

>>26565529
my guess is it will go up to 0.001 or 0.002, those who bought at 0.0007 will sell then, and it will probably stay at around 0.008 or 0.009

if i had more money i'd buy now but i'm already knee deep

fucking thank you biz for revealing this coin to me this was my first really big gain from crypto and now im providing liquidity and farming and holy shit im finally not going to be a poor

>>26565834
i wish i bought at 0.0002 but i was too much of a pussy

>>26565829
Its still going down for now, hopefully you can make some profits and convert soon

>>26565917
dude just hold ETH and LINK or something in as an LP pair and farm it. you will need enough to start out, otherwise gas will make it not worth it. maybe you can wait for the L2 stuff also

>performing worse than fucking rbpajeet
PLEASE I WANT MY MONEY BACK NOOOO

>>26566548
Bao is designed to fuck moonbois

>>26566548
this is exactly what Bao was meant to do
you were retarded for trying to moon it
Bao is where it's supposed to be

Kraken listing when?

>>26566651
>>26566947
I DONT EVEN WANT IT TO MOON I WANT IT STABLE AT WHERE I BOUGHT IT AT I WAS TOLD TO BUY BUY BUY

Coin is dead

Farming 2 million Bao/day see you chads on the moon. This will 100x easily.

Why isn't this piece of shit doing anything! MOVE ALREADY, UP OR DOWN I DON'T CARE JUST DO SOMETHING!1!!!!1!!

>>26567625
I dumped it, see you at .0004

>>26567288
>>26567625
>Look mom I posted something from my phone and computer 10 minutes apart
Nocoiners are pathetic

I need some advice. Now that it dumped, is there still a chance for this to moon again or is it gonna crab for months now?

>>26567288
Oh right this shit is for staking. How's the profit when there isn't any drastic movements? Still 95% locked for 3 years sounds shitty

>>26569082
>Now that it dumped
the dumping hasn't even begun yet, dude, it was a pump and dump, look at the price agian, it is going to .00001

>>26568254
Are you retarded

>>26558833
you're supposed to buy it before it goes up anon, not before it goes down.

>>26563369
Yep, that sounds too complicated for an idiot like me.

$50 gas fees to stake is certainly a nice meme

strong hands buy more and enjoy the profit

Rbc dump wasn’t as bad as this.sell you fools

>>26569706
This, time to double down

is this going to continue or what? I feel like the names/coins tied to this are going to keep it thriving. Wasnt on biz yesterday to see market sentiment

>>26568225
>sells fucking everything
>buys 10 months before the project starts
>doomps at the slightest hint of a correction

I'M DOOOOOMPIIING AAAAAAAHHHHHHHHH

I have 1M BAO. Can a kind anon pls advise whats the best thing to do with it. I've been hodling since buying.

WHY IS IT DUMPING????

>>26569995
Buy another 1m this dip

>>26563359
>>26563463
Sorry guys it didn't work, glad I sold though

>>26570124
but fast, next pump is coming

>>26569261
Have you done anything to add to the conversation at all other than FUD and call names?

Idk, I'll get some, seems worth taking a risk on a 40% dump. Even if I lose 20-40% wouldn't care. Up to you lads.

>>26570649

I wouldn't do it just yet, this isn't coming back strong for a while. I imagine it will get to 40, then continue slowly down for the next month or so eventually setting at 20 before doing anything again.

I still think this is a legitimate project, it just got a lot of attention way to early.

>>26570724
You may be right. A correction was bound, sold 70% at 0.00089 with ease, signs were obvious. Bought half of that right now and I have no problem bao dumping more.

My swap txn is stuck, fucks sake.

>>26570976
Fix it by sending yourself with higher gas and same nonce.

>>26570833
my buy in price was 0.000075
I sold at 0.00085
bought again at 0.0005
swingies don't get the rope lmao

>>26571014
Thanks fixed it. If bao dumps back to .00025 I can unstake with no IL so I'm fine with it dumping a bit more for now lol.