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/biz/ - Business & Finance


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27963654 No.27963654 [Reply] [Original]

Did I just get scammed buying this thing? I thought it was supposed to be "Google of blockchain".

>> No.27963709
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27963709

>>27963654

>> No.27963727

>>27963654
no sir, everything is okay sir

>> No.27963743
File: 1.44 MB, 292x292, 1610691389928.gif [View same] [iqdb] [saucenao] [google]
27963743

>> No.27963773

ALL MARKETS ARE CRASHING

GRT IS FUCKING FINISHED HOL Y SHITTT

SELL SELL SELL SELL SELL SELL SELL

>> No.27963798
File: 287 KB, 1280x1280, grt slug.png [View same] [iqdb] [saucenao] [google]
27963798

jesus christ why is this board overrun with newfags

>> No.27963832

>>27963654
Nah it's just on sale for a little while, we'll be up to $1 again by the end of next week with an eye towards $4 by Easter and $10 EOY. All is well, we are winning, we will win.

>> No.27963849

>>27963654
I mean you probably just missed a good opportunity to sell at these levels for a while, who knows how long. I got memed into delegating so I can't do shit kek.

>> No.27963872

>>27963654

Yes, you did sadly.

Google's actual business by revenue, is advertising.

GRT = block explorer API.

>> No.27963875
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27963875

>>27963654
This is an overvalued shitcoin where whale bots literally control all of the market movements. Smart money got in at less than 3¢ with stacks in the millions, while you are buying poverty stacks paying almost a dollar per. This will crab around a bit and then eventually settle around 50¢; it's a legit project, it's just way overvalued and you're already too late.

>> No.27963898
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27963898

>>27963654
Take a look at what the other anon posted

>> No.27963902
File: 124 KB, 747x508, 1608176440353.jpg [View same] [iqdb] [saucenao] [google]
27963902

SELL SELL SELL AAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHH

>> No.27963908

>>27963832
How do you figure that?

>> No.27963958

>>27963872
delete this please don't let people see please

>> No.27963962

Bought at 1.05

Sold at .82

Am I doing it right

>> No.27964014
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27964014

>>27963898
And by other anon I mean myself ;)

>> No.27964040

>>27963654
mother bitch you will insult GRT?! bloody basterd

>> No.27964056
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27964056

>>27963654
SELL SELL SELL

ITS FUCKING OVER.

>> No.27964064

>>27963654
its a long term hold you fucking idiot.

>> No.27964093

>>27963727
Sir it is good technology please buy more, do the needful sir.

>> No.27964103

>>27963654
Do we really need one of these threads every single time time there's a slight change in the market? Price up price goes down. It's not rocket science... jesus. see >>27962628

>> No.27964136

>>27963654
Historically, GRT is a pump and dump. Hate to break it to you folks, but it is. These are the facts. People saying it isn't, you're on the wrong side of the data. The entire market is being run by trade bots. Large GRT tokens have been already allocated to holders, way before GRT even hit the exchange platforms, because of testnet operations (before mainnet).

I estimate each token to be valued at 0.30-0.35 maximum until larger companies want to use it, which currently they don't, because it is too expensive too. ETH is expensive, in general, to use anyway.

With that being said, GRT is a utility token which means the price has to remain low for companies to even want to use it. It is just the way it is right now.

>> No.27964144

>>27963962
This is the way.

>> No.27964201

>>27964136
This, just sell for a loss OP. You can still make 4x gains elsewhere, unless you bought in at $0.16

>> No.27964222

>>27963898
>that first reply
kek

>> No.27964309

>>27964136
>b
bro. Why did you keep ETH. There was a GRT version originally, here let me help you out
Historically, GRT is a pump and dump. Hate to break it to you folks, but it is. These are the facts. People saying it isn't, you're on the wrong side of the data. The entire market is being run by trade bots. Large GRT tokens have been already allocated to holders, way before GRT even hit the exchange platforms, because of testnet operations (before mainnet).

I estimate each token to be valued at 0.30-0.35 maximum until larger companies want to use it, which currently they don't, because it is too expensive too. ETH is expensive, in general, to use anyway.

With that being said, GRT is a utility token which means the price has to remain low for companies to even want to use it. It is just the way it is right now.

>> No.27964402
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27964402

>>27964136
Nice copy pasta

>> No.27964449

>>27963908
In the short term everything else is primed to rise, a lot of people are looking at BTC going to 55-60k EOM so that'll drag everything else up with it, though GRT does seem to resist trends a little more than other coins for whatever reason. Later down the track this will start getting more and more attention and will be adopted along with ETH in the early stages of smart contracts and decentralized apps becoming mainstream since no dev is going to waste their time retrieving the entire ETH chain to get the info they need. They'll want to be able to search for that info quickly, which GRT enables, hence the term the Google of Blockchain.
$7 is a conservative estimate, i'd be shocked if it's lower than that, but $10 is certainly realistic.

>> No.27964459

>>27963654
>Asking if he got scammed
>Bought Crypto

Of course you for scammed. Crypto is just one enormous ponzi

>> No.27964482

>>27964014
wouldn't that hurt their business model if there aren't enough tokens to supply it's own function for other companies?

Where is the growth potential as more companies use their api and need tokens to index their blockchain protocols?

hmm??

>> No.27964592

>>27964309
historically, you've copy pasta this in every GRT thread hoping to fudd it because you got liquidated. you mad faggot?

>> No.27964645

>>27963654
This is a long term coin faggot, if your worried about a slight dip in the short term you are unironically are not gonna make it DYOR. So long as Eth survives GRT will aswell.

>> No.27964652
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27964652

>>27964482
You do know that tokens are divisible, don't you anon? Whether GRT is at $1, $10 or $1000, they can simply adjust the cost in GRT so that queries can cost 0.0001 GRT instead of 0.01 GRT for example.

>> No.27964671

Don't forget anons.
>Every pokedex is going to query the blockchain. Some anon on here is currently working on a dApp that combines pokemon stats and penis size stats so that r34 artists can accurately represent Hypno's girth as he penetrates Misty.

>> No.27964738

>>27964592
I would be afraid of facts as well if I had bought this shitcoin

>> No.27964796

>>27963798
Every newcomer wants to be the next wolf of wall street when the odds of that happening are the same as making it in a casino. The best choice for these newbies to make gains is to just DCA into BTC & ETH over several years and save a bit of gambling money for cryptos that seem like they'll moon in the future like GRT, ADA, XLM, etc. But they just want to be a millionaire by next week and will instantly sell on the first red candle.

>> No.27964832
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27964832

>>27964738
>Historically, GRT is a pump and dump.
>These are the facts
kek

>> No.27964909

>>27963798
>>27964796
And by gambling on potential mooning coins, I mean seriously read into the projects these cryptos are attempting before investing. By simply reading, one can see if a crypto is good or a shitcoin.

>> No.27964949
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27964949

>>27963962
Teach me senpai

>> No.27964986

>>27963654
you were supposed to buy at .12 newfag

>> No.27965119

>>27963798
All these idiots panic selling is laughable. Holding is the truest way time and time again. Hold your GRT. Hold your ETH. Hold your linkies. Buy more while its low and you're gonna make it before you know it.

>> No.27965570
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27965570

>>27964402
>using women to justify HODL
I'm all for buying and holding but this is not the way to convince people to do so.

>> No.27966490

fuck it I'm gonna add on to my 1.6k stack

>> No.27966624

lol when we say to buy its not a quick flip this a long term hold to easily double your money or more by years end. You people need to chill the fuck out this isnt hitting winning lottery numbers for instant gratification.

>> No.27966675
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27966675

>>27964459
>t. GME bagholder

>> No.27966770
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27966770

>>27964459

>> No.27967111

>>27966675
Bought at 123, sold at 311

>> No.27967118

>>27963654
It's going to dump billions of supply like google produces billions of search results.
I divorced GRT and PRQ this week and never looking back.

>> No.27967183

Anons who DCA do you buy once a week? Or how do you determine when to buy? I want to buy $1k more in GRT but not all at once

>> No.27967364

>>27963654
GRT is a good coin. It's seeing a nice amount of traction. I think KEK is using it for example

>> No.27967515

>>27967183
buy it when it gets to the lowest point in a dip imo

>> No.27968680

>>27967515
now would be a good time, wouldn't you agree?

>> No.27968852

>>27963773
based