/biz/ - Business & Finance

>>27518817
kek

>>27518817
anon of course it is dont be an idiot

>>27518817

>>27518817
People also said link was a PnD shitcoin back in 2017.

Shitcoin of the week
50k market cap at $0.08
600k market cap to reach $1
Unironically the next moonshot

https://www.coingecko.com/en/coins/axia

Just traded mine for KTLYO. I was on board with Reef until I saw the MC was actually double what etherscan showed and that the TG is fake. Taking a risk on a microcap instead

>>27520398
Proof people claimed LINK was a P&D in 2017?

>>27518817

>>27518817

The first new coin being shilled on this site that isn't a literal self-confessed PAD shitcoin scam and you waste a thread spreading FUD.

Moooooooon

>>27520647
>uniswap
dropped lol

>>27520828
>it's real
based

*hits da bud*

Dude... just like relax, man

This is the only solid projects that's been shilled here in the past.

>>27518817
Huge buy signal

>>27520935
Link had a lot of great discussing but also a lot of fud since day 1.
The fact that this thread is attracting nothing but retards and there's zero discussion about the project itself here is quite bearish for Reef.

>>27520935
fuck off newfag

>>27522240
So REEF is a scam then

Ksi is liking every reef post.

The normies are coming in. Strap in lads.

>>27522714
How the fuck is it a scam you retarded nigger

>>27522240
Does this fag get anything right

>>27522754
This

>>27522754
I doubt that the average ksi viewer knows how to buy reef

>>27522714
Not saying it's a scam, that's just one indicator.
>>27523003
He's not trying to get anything right.

>>27523066
That’s true but they will end up watching uniswap videos on YouTube

>>27523167
UncleOldFag?

I'm reading the whitepaper now. It's supposed to be a decentralized exchange to help lending, borrowing, staking, and mining. I'm a noob, is there a market for this that isn't being capitalized on?

>>27523513
He's a sociopathic larper who wants you to sell link, for whatever reason.

>>27524295
The normie market. Also it's a huge deal to streamline Defi for easy, single app investment even for the existing crypto market.

>>27524822
Off the top of your head can you name why this coin is better than Uniswap/1inch? They both seems to be pretty damn easy to use already.

>>27524295
No its not trying to be a decentralized exchange. It's trying to be a liquidity aggregator like 1inch that will search all the exchanges and the find the best rates for you. I can summarize the whitepaper for you:

>Reef gives retail investors access to the DeFi landscape with a low technical entry barrier while at the same time augments the decision making process based on users' customized risk levels
>Reef's infrastructure is a chain of multiple smart contracts composing and integrating on top of the ecosystem. This entry component is called a basket engine which communicates with the liquidity aggregator and the analytics engine
>It allows the user to invest/divest into multiple DeFi platforms with a single click and reduces the necessity to manage the outputs of the activities manually (e.g. LP tokens)
>The engine is being extended to support insurance cover of the basket and multi-hop strategies
>The infrastructure will support multiple chains including Ethereum, Binance Smart Chain, Polkadot and Avalanche
>Liquidity Aggregated Dex similar to 1inch available on launch (takes liquidity from centralised exchanges like Coinbase and Binance on top of Dex's)
>The REEF token is a utility token used to vote on different proposals such as releasing new features, readjusting certain parameters in the system and more. Besides governance, the token can also be used to pay protocol fees

To those saying link was a scam, how do you reconcile that with the fact that people who bought in when it cost pennies and held a couple years are millionaires right now? Just because it’s not going to be $400+ dollars a coin in the next couple years doesn’t mean it’s scam you dumb shits. Jesus Christ I can’t take the shilling retards on /biz/ right now

>>27525006
No gas fees to rape you every time you make an exchange

>>27525299
You will stay have to pay gas fees i think but in the Reef token so it will be much cheaper

>>27525299
Where does it say that there will be no gas fees?

>>27525404
Go read the website

>>27525404
Why is everyone here asking to be spoonfed in every REEF thread. I get convincing people that its a good thing but this is starting to get annoying

>>27525081
I feel like I need to read the Uniswap and 1inch whitepapers too to get this, but honestly seems decent. There seems to be a huge market for financial services

>>27525081
>>The REEF token is a utility token used to vote on different proposals such as releasing new features, readjusting certain parameters in the system and more. Besides governance, the token can also be used to pay protocol fees
token not needed, got it

Yes. Look at that cheap ass logo.

>>27527037
Just like Link, Aave, SNX, BNB and half the cryptos out there. Token not needed but it improves the product and creates an incentive for growth and the network effect. sure bud, i've been in the crypto game long enough to know an undervalued token

>>27527037
Bro any coin that is linked to a good exchange sees pretty consistent rise

>>27523187
ksi will end up doing a video about uniswap and gas fees lel

>>27520647
OK but what does it actually do?

>>27525675
>>27525848
ok scamcoin got it

>>27527283
How high do you think Reef can go? What stack would I need to make it?

>>27518817
Say it with me. REEFIES AND STINKIES, READY TO BE PUMPED BY NORMIES

>>27527081
>Yes. Look at that cheap ass logo.

>>27527283
LINK will be needed for staking, as a way to weigh votes in feeds. The others are indeed useless.

>>27526952
Uniswap is a decentralised exchange (DEX), 1inch is a DEX agreggator meaning it searches all the different DEX's and finds you the best price. Reef is like 1inch but for both DEX's and CEX's (like Binance, Huobi, Coinbase etc.). On top of that it also acts like 1inch but for yield farming, staking and Liquidity Pooling. So it will go through all the different DeFi apps and find you the best rates and best APY% to stake your token in.

>>27527568
50k comfy

>>27527577
>if i mention link surely /biz/ will love it

>>27523066
? It's on Binance.

>>27518817
ikr its too good to be true

>>27527682
good post

>>27527568
We will have a cycle end of may to mid June then another one late December of this year to January of 2022 max it can do is $1 per token so 50x

>>27522714
>reeferiums