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/biz/ - Business & Finance


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27851967 No.27851967 [Reply] [Original]

only about 1billion of 10billion GRT is unlocked

that means either the real price of GRT is actually 0.10 right now, or the real market cap is about 10bil

if the former, then your current investment is actually really worth 1/10th of what it is

if the latter, that means GRT is already a top 10 coin on par with Chainlink / Litecoin and probably not going to do any big moves

>> No.27853155

>>27851967
bum p

>> No.27853294

>>27851967
My dearest friend,

'tis with immense pleasure that I inform you that your letter has found safe travel to my destination and landed in my hands. However, this pleasure was fated to remain short lived and bittersweet, for I must also admit to you, regardless of what distress it may cause to you, knowing you went to great trouble to pen it and deliver it to me, that I in fact declined to open it and refused to read the message contained within. Surmising your intentions, there exists no doubt in my heart regarding your sincere worries for my financial well being, but alas your attempts to convince me to modify my investment strategies shall regretfully remain futile, as my stubbornness in this matter has indeed been sealed irrevocably and no other voice shall rock its imperturbable foundations. Allow me then to reiterate my will once more, and do your best to forever remember it for no change will follow: I shan't part ways with my beloved asset for it is my utmost belief that I have invested wisely and foresee infinite potential in its future, and therefore no other possession in this world shall change my decision, not even a mountain of gold! For my possessed asset is indeed fated to be worth more than any other riches in the world. We shan't speak of this no more.

Sincerely yours,
your beloved friend

>> No.27853355

>>27851967

>thats why I'm selling at like 1.10. Sold 1k at .99

>> No.27853401

>>27853155
i don't why anyone isn't talking about this?

>> No.27853530

>>27853294
Address the fud please. We're not all big-brain iron-hands like you anon

>> No.27853550

>>27853401
>>27853355
>>27851967

weak FUD. There's over 2B coins locked up in delegating. VCs aren't going to just market sell billions. They will want to delegate, and as over 7000 subgraphs come online in the following weeks, they will just delegate for passive income.

>> No.27853683

>>27853550

I mean, iI did leave 1k in there so we'll see but I expect to cash out about equal or cut my losses at .30

>> No.27853791

>>27853530
They’re not going to release all those tokens at once and tokens will be burnt in the process. Also when grt gains more traction a lot of those tokens will be tied up in delegating so it will have little effect on the circulating supply of grt. Don’t listen to fud.

>> No.27854160

>>27853550
that 2bil isn't counted in the market cap right now though, so the point stands.

>> No.27854187

>>27853401
Everyone has said it.
Everyone knows it.
Everyone has access to the cute little field on cmc that says “Fully diluted market cap”
Everyone can read the white paper.

Now think for a second. If everyone knows it, and people (read: not Indians) are flocking to the project left and right maybe it might have something to do with the promise of the project?
Maybe real investors (read: people with money that hasn’t been JUSTed by GME)
Still think there’s room for growth despite the 10 billion dollar evaluation?

>> No.27854329

>>27851967
https://thegraph.com/blog/defi-decentralized-snowball
>The hosted service query volume increased 100x in 2020 from 100 Million queries in the month of January 2020 to over 11 Billion in the month of January 2021 alone. The number of subgraphs (open APIs) on The Graph grew from ~1k Subgraphs in January to over 7k Subgraphs by the end of the year.

Smoothbrain faggot ngmi if you can't be bothered to read and understand how often this token if going to be consumed

>> No.27854811

>>27854187
a 25x would put it above ethereum at that rate.
so people saying this is the next LINK are essentially saying it will eclipse ETH, when considering the link 1 dollar to 25 dollar growth

even a 2x would put its real value above XRP already

it's not fud, it's facts, and facts don't care about your feelings

>> No.27854878

I only invest in top 10 projects, little risk big reward

Thats why grt

>> No.27855082

>>27854187
Or maybe the dumb money came to crypto because of GME and FOMOed in after reading "GOOGLE OF BLOCKCHAIN". Its over 2x in one week... Which scenario is more likely? :)

>> No.27855216

>>27853550
They will absolutely sell their tokens. If the VC’s don’t sell, then the token is not decentralized.

>> No.27855307
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27855307

>>27851967

>> No.27855412

Furthermore, VC’s are guided by one simple principle - to make as much money as fast as possible. The opportunity cost of using your Billions for a measly APY is massive when compared to liquidating their tokens and investing in another technology that is part of Web 3.0. They will sell 80-90% of their tokens to create a healthy ecosystem, realize profits, and invest in other projects.

>> No.27855616
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27855616

>>27854329
this.
demand from thousands of Dapps is going to be insane.
supply won't be able to keep up.
supply and demand, anons.
10 billion tokens is nothing.
you have no idea how comfy things really are.

>> No.27855774

>>27855616
Dapps will not be as big as you think until Ethereum gets its shit together. Have you seen the gas fees? We’re 12-18 months out from dapps dabbling in normie markets due to volume restrictions

>> No.27855935

>>27855774
Exactly why you don't swing it. You go in now, delegate that shit and then come out with bigger stack when the time is right.

>> No.27856035
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27856035

>>27851967
Just bought $1000 more
Thanks OP

>> No.27856217

>>27851967
I can't say what will happen but other tokens with big token unlock phases have all dumped during unlock. We'll find out what happens in a couple of months.

>> No.27856472

>>27856217
I'm saving $50,000 just for this.
If it tanks when the tokens dump I'm going to DCA the fuck out of GRT.

>> No.27856513

>>27856217
is there a date for the unlock?

>> No.27856654

>>27853550
>VCs aren't going to just market sell billions. They will want to delegate

nice joke. give me one example where VCs haven't dumped their tokens after a 20x+

>> No.27856675

>>27856035
getting ready for the future 10k+ per coin baby

>> No.27856767

>>27854811
4x to eclipse XRPs current value, considering they could dump and run all the same. I’m not saying it deserves to be in the top 5, but you can reference Hayek if you’d like to know who does.

>>27855082
No argument against newfags fomoing in inflating the current valuation, but time has a way of dealing with them. Something tells me they’re the ones most concerned with the tokens not yet in circulation.


With that said, I’m not going to keep shilling GRT. I’m just of the opinion that open information about the road plan of a business tends to be priced in.

>> No.27857045

I heard the same bs fud at 40 cents

hearing now at $1

waiting for you to parrot it at $2

fuck you

my stack is comfy and delegated

>> No.27857345

>>27853294
Do you own the copyright for this pasta?
I am sure it was to be used for Link only.
You are going to end up in Kleros' prison at this rate...

>> No.27858564

>>27856217
>I can't say what will happen but other tokens with big token unlock phases have all dumped during unlock.
Can you give some examples please?

>> No.27858833

>>27853530
priced in. Every guy with 5 minutes on his hands does his due diligence intro, sees the unlock and raises a red flag. Everyone has already done this, especially the VCs that put their money in. It's priced in already.

>> No.27859571

What can I reasonably expect from delegating 17.5k tokens, anyone?

>> No.27860086

>>27858833
Are you retarded? Think of how many people jumped into fucking DOGE, a joke currency with no usecase, off of fucking nothing. You are overdosing on hopium. This coin will go below 10 cents and stay there this year. Screencap this.

>> No.27861220
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27861220

retarded fud. read this and get erect, bros.

>> No.27861887

>>27851967
The price will rise to 10usd when the rest of the tokens are unlocked because then more subgraphs will be available meaning more rewards for delegators. people think its going to dump hard but their tiny minds fail to comprehend that we are only indexing and delegating on 1 subnet. this is why the price has been rising lately because GRT plans on operating on other blockchains not just ethereum and eventually will operate in the real world outside of blockchain. the total amount of GRT right now is tiny when you think of it going outside blockchain. just wait 5-10 years. GRT is revolutionary

>> No.27862169

>>27860086
>Think of how many people jumped into fucking DOGE
The actions of retarded normans don't apply here.

>> No.27862239

>>27861887
google of blockchain SHILL is real???

>> No.27862681
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27862681

>>27861887
This. GRT will index the entire public internet someday, when everything is on blockchain and ipfs.

>> No.27862825

>>27860086
You sound like you barely came here a few weeks ago. This isn't a random shitcoin off the street.