/biz/ - Business & Finance

>>27630831
i mean, the coin itself doesnt have much use aside from trading
doesnt mean it wont go up tho

>>27631152
As more features are implemented, it will help run the rubic exchange and ecosystem for it.

>>27631152
>>27631278
Have either of you used the exchange yet?

50k stacklet here used it once, pretty smooth, UI needs a touch of work to reach uniswap level of ease

This is the most obvious curry coin I have ever seen. Only a fool would buy this.

>>27631808
nah
using coinbase wallet sadly and dont want to pay millions in fees to transfer to metamask
i will tho when they add other wallets

>>27630831
Rubic is not a project you should be investing in long term. Reasons:

1. Market cap: $36M !!! 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 with stolen link memes 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 3-4 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.

>>27632325
Nice copy-paste you retard. Not selling.

>>27632325

>>27632325
>>27632720
I did invite the fudders! I'll bite.

1. It's a legitimate concern about the UX, but its not shit. Come on, its a working product until 95% of crypto products like REEF. (No offense intended, just not in Prod yet)

2. You do understand how much liquidity resides on BinanceChain right? obviously people are willing to put Billions into it...

3. Wrong, team is Slavic.

4. You must not have LinkedIn, their profiles are available. Everyone has to start somewhere anon, you wouldn't gatekeep would you?

>>27631808
Yes anon it's how I bought my make it stack. Exchange works just fine and I did some bsn swaps to test as well. True to their word, bsn swaps were near feeless.

>>27631808
As others have said:
Exchange itself works fine
BSC swaps are basically 0 fees

Still some UI work is needed.

>>27633143
I have bought RBC at 0.19, comfiest hodl in a while

>>27635677
same fren

It's a shitcoin and here I expose why >>27633509
Fuck you indians

>>27636298
cope

AHHHH WHY IS IT GOING DOWN

>>27633539
blessed rubic user

>>27635677
couldnt agree more

>>27636298
low effort and low iq fud. no surprise there. theyre not sending their best, folks.

We're all gonna make it anons.

>>27633143
If your concern is potential volume, might want to consider a different DEX that can support BTC.
I'm 99.9% sure that Rubic never will
Maybe hit $1 from the shilling and delusional optimism about the project, but it will become obscure from being completely inferior to other DEXs this year.

What's the point of BSC? Can I buy stuff off Binance without making an account there? I know you can convert ETH to Binance but can you use that converted ETH to buy other Binance coins on Rubic?

>>27638225
what dexes will be better than it? reef, which isn't cross chain? uniswap or 1inch, which have awful gas fees?

BUY THE DIP ANONS

When is the dip

Should I convert my SHAKE to RBC now, or hope that SHAKE moons faster than RBC soon?

>>27640001
literally right now

>>27632324
The fees to send eth aren't very high at all. It's expensive to exchange

>>27638563
What you mean not cross chain. Like Reef only uses eth or btc? Not both?

>>27640738
correct. Reef is an ERC20 swapper, like uniswap, which means it will only ever allow you to trade and use ERC20 coins. BTC, LTC, DOGE, there are many coins not on the ERC chain, which people want to swap to. Rubic aims to solve this problem by creating cross-chain swapping, without wrapping.

>>27640927
So rubic is cross chain and low gas fees. What's the catch? Uptake? Bloated exchange market?

>>27640115
guys pls help I dont want to miss the dip

Can someone post the infographic on how to buy so I can get my braindead normie friends in on it, I don't feel like explaining it to them

>>27641037
Well, the catch is that they don't have a catchy looking UI or large liquidity pool like uniswap right now.

>>27641207
Never tell friends about your crypto investments because they'll come begging from you later.

Buy the dip, fuckers! Last chance below .30

>>27636298
Why would you even associate yourself with that thread. That has to be one of the most retarded threads I've seen in a while.

>>27641075
Buy RBC, I'm already up 50x on my initial investment and it's a solid project with a good team behind it.

Err bros, I can't buy?

>>27643333
you're doing something wrong, probably, the team is aware the UX isn't the best and they're working on it

>>27643333
do you have a metamask wallet? you can only buy through that

>>27643842
Yes I'm using Metamask. Have they changed something? Worked fine before.

Why does .exchange keep telling me I don't have enough funds for a trade?

>>27643333
Disable uBlock

>>27644276
You aren't factoring gas fees. The "max" button just loads whatever number you own, then you have to pay network and gas fee.

WHAT THE FUCK ARE THOSE METAMASK FEES AND WHY IS RUBIC.EXCHANGE FUCKING MY ASS BY NOT TAKING METAMASK GAS FEES INTO ACCOUNT THEY LITTERALY ROBBED ME OF 50$ BECAUSE OF A FAILED TRANMSACTION AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH

>>27643333
>>27644629
It's working now. Disconnecting my metamask from the site, doing a refresh, and then connecting it back again did the trick.

>>27644778
The exchange should fucking factor in the fees. Hard to make trade when you have to consider upwards of $60 dollars getting eaten to make the transaction happen without any feedback from the site.

>>27644791
Bearish desu. I want to hold and I like the idea of the project but the exchange itself is a piece of shit right now that you just risk buying power on. Might as well get fucked by the unicorn gasman at least there I can see how long his horn is.

>>27644791
me2 man u just have to calculate it XXXD

>>27645517
>>27644778
they're working on it. It's a new exchange

>>27645368
I agree. It's really not that hard though, just go .01 eth under your wallet amount and then MetaMask will tell you what the fees are. It's a brand new website

>>27645742
that's a pretty sick landing page mockup ngl. i like it

>>27630831
How do I buy guys I am retarded

>>27646037
it's apparently in their discord, someone is collaborating with the devs to update the UI. Here's hoping this theme will come to the exchange, too.

>>27645742
This is sexy as fuck for a mockup. Hope it comes with some serious upgrades to the backend as well.

>>27630831

>>27646323
agreed. I was thinking of making my own but I saw this and quit, lol. I'm considering reaching out to the devs to help with the UX if I can, it feels weird owning RBC but not being able to contribute.

>>27646368
we have to do breathing and grounding exercises like we did in the chainlink threads

How can I immediately buy the Ethereum and transfer it to my MetaMask for exchange? I know Coinbase makes you wait a week to send ETH. I have no Ethereum at the moment

>>27641219
Finally some info that isn't retarded

>>27646757
Use Binance

>>27645742

I've just rubicuuuum

So....its just an exchange? That's its purpose?

>>27647232
yes. it's just an exchange. But let's be real here, what tokens are needed besides exchange tokens and maybe synthetic tokens?

>>27647232
Plus the fact that they're even entertaining cross-chain is big. No one, and I mean no one, has really attempted to bridge chains. Wrapping doesn't count since it's a pseudo-bridge, like a silver certificate or an IOU, whereas RBC is actually swapping cash for silver raw.

If they can get a big enough liquidity pool, theoretically speaking, they could provide BTC-ERC, which would be seriously groundbreaking.

>>27647533
Oh I see. Thank you, that is the best information I've been given so far.

>>27647015
What if I don't have a Binance account and I have to get all the verification done? Am I just fucked?

>>27647835
Yeah, you're fucked. Right now, you still have to buy crypto itself from a CEX unless you buy it through MetaMask itself, which costs money. Hopefully that'll be fixed soon.

>>27647741
glad to help, i was retarded like you and didn't understand most of this a bit ago, so i'm glad to educate. there's a reason that the rubic shilling is so incessant, there's a lot of potential here.

>>27630831
I don't think people have grasped that fact you can on/off-ramp using rubic and negate all the KYC bullshit of binance.

>>27630831
Hope those who doubted this coin bought the dip an hour ago.

I doubt we'll be below 0.30 ever again

>>27648294
they haven't, nor have they grasped the implications of actually being able to swap between BSC-ERC and the future ramifications of dot and burgerswap support

>>27638563
XSN? Cross chain with chains that actually matter, and actual L2 off chain.
Frankly BSC is a waste of time apart from shilling to CZ.

How do I use rubic exchange to buy rubic? Does this help reduce gas fees? I can see the order book, are these orders automatically at the correct value of rubic or do I have to do my due diligence to make sure that I'm not getting ripped off

>>27648294
Do you mean FIAT off ramp?
If so how does RBC intend to do that without KYC?

$250 eoy prediction
screenie this

Does the dumb fox still eat your gas fee if you cancel a trade on the exchange?

>>27648550
What chains does XSN have? I looked into XSN but they don't seem to be doing too well

>>27648801
Any chain on LN (BTC, LTC, etc) and with Connext any EVM compatible chain.
Dex coming out in Q1.

>>27649077
If that's true why are they doing so bad? That sounds really good, I'll admit. How does it work? Do you have different nodes handling the conversion of chain to chain operated by MN holders? How do they get liquidity to swap?

>>27646757
...Coinbase sends ETH to a Metamask wallet in less than 2 minutes

do we have ranks?

what time is the team's AMA on friday?
im driving my grandmother to the hospital for surgery that day but i might cancel if its the same time

>>27649275
What do you mean doing so bad? They aren’t going up in price like RBC because they don’t have an aggressive shill campaign going on, and the trading volume is low right now before the DEX release as it’s not very known right now.
This has some info about how they plan for it to work:
https://medium.com/stakenet/hydra-dex-network-upgrade-proposal-4b00a3a3fb8
Liquidity for trades is provided by users and exchanges through aggregator bots. There’s info on their medium.

>>27649644
kek I hope you're joking anon

>>27649644
2 pm GMT

>>27632325

>>27649644
YGMI

>>27649342
>>27648085
>>27647835
Do I have to purchase the Ethereum with a debit card for me to be able to send instantly? I have a coinbase account but when I used my bank account to purchase it told me I'd have to wait 8 days to send to my wallet.

Bought abit (982) rubics when it dipped, what to expect you niggers?

>>27652182
probably 10-15k end of year

Save on gas fees using rubic
I find it easier than other exchanges
Yes its not as aesthetic potentially room to improve there.
But to respond to the fud... i just bought more.
Im a coward and wont go all in but i see enough promise to throw an eth at it.
Now 1.5 eth as all the fud got me hard and i had to buy this dip

>>27651768
just did the same, the answer is yes. debit card allows instant sending, bank transfer requires a 7 day waiting period.

guess im only putting in $100 tonight, sad!

>>27652182
how does $982,000 sound?

>>27631808
Yeah I used it last night, worked fine

what the fuck was that?

>496270 RBC for 100 ETH
Holy green dildo

>>27649766
>xsn
>doesn't have aggressive shill campaign
lmao you turks are insufferable. You're even shilling your scamcoin in a different projects thread. Fuck off.

>>27654122
RUBICHAD JUST DUMPED 100ETH INTO RUBIC

>>27654373
noice

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

i wonder how that 5 million rubic whale is feeling now. the one who sold at .04. its gotta sting. a fortune down the drain.

>>27655026
OoooooooOooooOooooooOooooooOooooooooooooooOooOOoOooOoOoOOoOo

>>27655230
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

WOLLT IHR DEN TOTALEN RUBIC?

NEW ATH YET AGAIN AFTER BIG DUMP

HOPE YOU BOUGHT THE DIP FRENS

>>27655524
>>27655524

If i had seen this fucking meme instead of endless FUD when I first came to /biz/ on like Jan 8th I'd have $10,000 right now

>>27655886
It's not too late anon, you can still join

The last time I saw this amount of fud was when link was at $0.30. Negative energy regards who have low test and can’t hack taking a risk can fuck off. For the rest, buy and HODL for at least a year. Long gain game.

>>27656019

I'm all in on fantom and xpb lead token which fucking ruined my whole month i want to die

>website has been down
Lel. It’s always worked for me. How many times are you checking it you smelly pajeet.
>$1 is overvalued for a coin with an operational exchange
Retards everywhere

>>2765601
germanon here
fixed the typo real quick ;)

JESUS, WE SMASHED ALL THE WAY UP TO 40 CENTS. NEW ATH

DO I BUY?

>>27656178
>fantom
haha
hahahahahahaha
hahhahahhahahahahaahhaa
HhahhahahhaHHAHAHHAHAHA
AHHAHAHAHHAHAHHAHAHHAHAHAHHAHAHHAHAHA

>>27632325
People like you are the exact reason I didn't go all in on LINK when it was this exact price. I really wish you were dead you fucking faggot.

>>27656634
i certainly wish I had kept my 10k stack instead of panic selling
but mby wait for price to correct first, is kinda overdue

>>27656924
Already corrected to 0.32.
For 20 mins.
And that’s the last time it’ll ever be there.
Don’t cuck yourself out of gains by haggling over cents.