/biz/ - Business & Finance

>>27623476
how must it hurt to have sold for 500 dollar profit a week ago huh?

>>27623476
Fucking dyor it's not that hard.
Hint: Try to move big money on/off Binance without going through KYC.

It’s honestly a cute little project and the team seems nice. The guy tried to do something with his last project, some sort of exchange called swaps. didn’t seem to be successful. At the bare minimum, it doesn’t seem to be a rug pull at least. Beware of /biz/ whales though. There ARE real whales on here and they can dump on you.

>>27623476
ISS THAATTT
OOMMGMGGGG
IT ISSSSSSSS
ITS MY SHITTY RUYBIC COIN SHITSKIN THREAD
WOOOOOOOOOOOO ALL INDIANS REJOICE GATHER AROUND
BUT NOT TO CLOSE YOU SMELLY CUNTS
I WANT TO TELL YOU
PLEASE
STOP SHITTING IN YOUR STREETS
STOP SHITTING UP /BIZ/
USE A TOILET, FIX PHONES, AND SHUT
THE
FUCK
UP
SHIT SMELLING NIGGERSSSSS SHIT SMELLING NIGGERSSSSS SHIT SMELLING NIGGERSSSSS
SHIT SMELLING NIGGERSSSSS SHIT SMELLING NIGGERSSSSS SHIT SMELLING NIGGERSSSSS
SHIT SMELLING NIGGERSSSSS SHIT SMELLING NIGGERSSSSS SHIT SMELLING NIGGERSSSSS
SHIT SMELLING NIGGERSSSSS SHIT SMELLING NIGGERSSSSS SHIT SMELLING NIGGERSSSSS
SHIT SMELLING NIGGERSSSSS SHIT SMELLING NIGGERSSSSS SHIT SMELLING NIGGERSSSSS
SHIT SMELLING NIGGERSSSSS SHIT SMELLING NIGGERSSSSS SHIT SMELLING NIGGERSSSSS

>>27623476
>>27623967
>even the indian shilling is shit coloured ID's lmaoooo

>>27623476
SEEETTHHHHEE MMOOOOAAAAAARRRRRRR

>>27623476
Good points:
>BSC cross chain swap
>L2 soon
>polkadot integration soon
>anonymizer soon
>responsive team
>previous projects MyWish
>Binance love
>actively hiring
>doxxed team
>find everything else on their roadmap, or telegram, etc
>regular updates on Medium blog
>applying for exchanges starting Feb/March
Bad points:
>site design kinda sucks, but it's being worked on
>no dedicated marketing so it's basically community oriented shilling right now until they get someone
>needs better documentation

>>27623476
Look it's a pump and dump ok? Just buy it and make sure to get out before the music stops

>>27623476
ALWAYS BET ON RBC

>>27624240
>>27624354
>>27624381
THE FUCKING SMELLL
THE FUCKING SMELL OF CUIRRY AND SHITTTT
ERRRGHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGHHGHGHGHHGHGHGHGFGHGH

>>27624496
>>27624148
>>27624037
cope

>>27624496
like i give a shit what some megumin simp has to say
now go be useless somewhere else

>>27624354
this but when will music stop? days?

>>27624037
Go outside.

>>27623967
The previous project of the CEO was called MyWish (still active, stayed afloat through the bear cycle).
They completed more than 6000 smart contracts last year and were the first team who were partnered with to test/develop Binance Smart Chain.

MyWish has also helped NEO, TRON, EOS with their problems, WAVES has invested in them. They are the go to team for projects when something needs to get done with smart contracts/Binance Smart Chain.
The CEO has a working software firm established in 2013 (or 2014) and PhD in computer science.

>>27623476
I’ve got some doge ... I want to sell it and on binance it says that the total I have is 6766 . But that available is : 0.6766 . Wtf is going on?

>>27623476
uniswap:
Circulating Supply
287,436,312 / 1,000,000,000

rubic:
Circulating Supply
98,700,000 / 124,000,000

I'm very pleased that most of the supply on rubic is in circulation. this is very bullish for the price of rubic while new uniswap are being minted daily at a pretty fast rate which isn't bullish for uniswap.

>>27625089
this puts uniswaps circulating supply at 29% versus rubic being at 80%. This means there will be a lot of downward pressure on uniswaps price keeping it from making it more difficult for it to rise in price

>>27625089
Basically in terms of supply, the outlook for rubic is great. You can refute this all you want but, this aspect of rubics tokenomics is very bullish given its diminutive current marketcap.

>>27624148
Haha

Binance is going to heavily promote Binance Smart Chain this year. Rubic offers a way for americans to purchase said assets from BSC. Americans like myself would normally be unable to buy these because Binance requires kyc and they don't allow you to acquire those assets as an american.

One of the benefits of using BSC, is that transactions only cost a couple of cents versus what it costs on ethereum. Rubic is going to act as a gateway for americans to access binance smart chain. Also consider that they're implementing BSC as a layer 2 solution to facilitate trading on their dex. This means that you would no longer have to pay exorbitant fees to make a simple swap like you would on uniswap or 1inch. Also expect the rubic team to grow because they're in the process of hiring.
Furthermore, they also plan to allow their users to trade anonymously on their platform. That's huge if it works out.

So basically, why use uniswap if rubic.exchange becomes the cheapest dex to use and allows anonymity. But that's just my 2 rubics. ;)

>>27624720
No one knows, but keep in mind if you buy now a lot of people are already up x5-x30...

>>27626905
Based. So is rubic unique in this specific regard? Or are there other coins doing something similar?

>>27627522
i believe there are other coins trying to use other chains as a layer 2 solution. but rubic is the only one i know of that has successfully done so in respect to trading on a dex.

>>27627946
Wow

>>27627522
and the fact that they are working together with binance is huge.

>>27623476

>>27630745
Dont know what that shit means but is it good

>>27627946
>>27629060
>>27626905
Fud here, rubic just implements the publicly available binance panama api, nothing else. There is no "working together", you can use this API as a total stranger. Sure it pains me to loose some gains after I sold, but rather get out earlier than later, before people realize no tech here, just hype.

>>27630745
>>27633172
Have you checked their github? I did, the first thing when I bought in at 2c. Nothing on backend since September, only frontend. This was also confirmed on telegram. Do you want to know why? No shame in this, but they do not develop anything, just use already existing APIs

>>27624037
>>27624148
reminder, 3 times and then it's avatarfagging.,

>>27631751
>>27633395
i just like the cube

>>27624678
>go be useless
Ironic, considering it's an Aquafag posting this. That guy is retarded, though.

>>27633395
the backend isn't public... that one on their github is labeled "legacy"...

>>27624240
fuck off

>>27633395
they have their backend code in a private repository. why would you have your business logic available for everyone to see and steal. that's why you just see front end related stuff there.

>>27623476
just this op
>>27633509

>>27633692
bad faith faggot
>>27624240
this is about right, they should use a bootstrap esque UI like most of the other swappers. We don't even need dedicated marketing imo, dedicated marketing makes it seem scammy, features > marketing because eventually the features will be the marketing. Agree the documentation needs work too, but it's made by пo-pyccки so i'm not surprised. English is fucking tough.

>>27633395
SHit man, that's some Real Fud right there..

>>27633909
dont fall for it anon, it's real fud but it's because otherwise people would copy their innovative idea

>>27633684
>>27633748
Yes I can see they renamed to legacy. I honestly hope that you are right, would hate the told you so feeling.

>>27633172
i never explicitly stated that they're working with binance. don't mix up my write up with someone elses. I fail to see the point you're trying to get across here by saying that the binance api is open. So? They're using their API to make a feature on their exchange.

>>27633909
would you open-source the code to your proprietary algorithms designed to compete with big coins? Of course you wouldn't unless you want them to borrow your code as soon as you become name brand. Some of that L2 shit is proprietary

>>27633172
There is not even hype, there is only random curry for dinner.

>>27634128
yeah this is retarded fud. Amazon has an open source API too, but not everyone is using it. Same with Apple, Microsoft, Facebook, Twitter, but only a few companies actually do something with it. Just because the potential is there for another company or team to do the same thing doesn't mean this product isn't unique. APIs don't make the product just like programming languages and libraries don't make the app.

It's still the only dex that offers crosschain swaps and is actively working to solve the gas fee problem. They should atleast be on par with 1inch.

They have a solid fundation already, even if it is by using existing API's, but considering how actively they are recruiting developers it's not hard to see that they're going to deliver some cool stuff this year.

Pic related is a bit outdated but still paints the right picture.

>>27634128
I just kind of have the feeling that most people on biz haven't tried their service and under the impression that you can buy anything on BSC with ERC20. I really appreciate projects with real fundamentals, and was disappointed when realized that rubic falls from what I hoped.

>>27623967
It's held almost entirely by biz whales.

Also,

>Circulating Supply
>98,700,000 / 124,000,000

Shits going to be messy real fast when you hit that 100%.

>>27624148
i see you all the time on rubic threads. are you mad that you sold at a loss? its ok im sure your anime girl there will comfort you

>>27624800
Also not to mention they are giving free rbc to people who own MyWish coins

>>27624037
>>27624148
I dunno I wouldnt trust anyone stupid enough to buy a 4chan pass with financial advice

>>27625089
I don't think I've ever seen someone compartmentalize value like yourself. You have a severe form of autism and should probably not be in charge of your own money. But ayyyy to the moon we go with Rubic

>>27634347
>excludes the dozens of exchanges with lower mc than RBC

Kek you RBC niggers are straight-up dishonest

>>27634400
What happens when supply hits max? Price boom?

>>27634630
this is just one aspect that i like about this token, i was trying to highlight an important characteristic that is oftentimes overlooked. don't underestimate how important supply is in regard to your investment.

people lacking an understanding of supply is why we have people unironically believing that dogecoin can actually be worth $1 despite the high total supply

>>27634720
does that exchange have features that will solve problems people have when trading on dexes? if not then it's just another uniswap clone and is dead in the water. shill me your bag, i'll bite