/biz/ - Business & Finance

>>28428824
2/ Reef bonds is our initiative to promote DeFi and help users stake their assets for a certain lock-up period to earn lucrative returns.

Initially, it will only support REEF staking, but in the future, users will be able to lock up one token to farm a different one.

Already here

>>28429103
Checked loaded and rolling

This is unironically massive.

Here u go frens

>>28428824
>releasing 10 million tokens a day
no thanks

>>28428824
HOLY SHIT LADS SHOULD I LOCK UP MY REEF?

>>28429617
>all tokens that are locked in as of today will unlock on 9/11
What did they mean by this?

>>28428824
bros if i lock up, will i not be able to sell until 9/11 or will i simply just be penalized?

100k Reef here, whats the APY and options? At work

>>28430185
you wont be able to get them out if you change youre mind, its escrow

>>28430229
read this https://medium.com/reef-finance/introducing-reef-bonds-a-flexible-defi-investment-product-f5e80b35aa5e

if you browse biz, you can read that

anons help me understand something. If this is on the DOT ecosystem, why am I having to pay Eth Gas? Why is Eth so shit?

>>28429711
It's 20 million/day according to Kumar. Can't make this shit up

its dumping, fuck reef

how can i get this stupid shit without outrageous gas costs?
>durr you cant
its a scam

My reefies are on binance how do I join?

>>28430056
Means top of bull market is around end of September. So holders will be able to sell the top just before the big crash end of September

>>28428824
Wow. Good looks OP. Early staking cheat. All in

>>28430569
yes, ETH is a scam

>>28429103
kys

>>28430383

Doesn't tell me the APY, what is it on 1 year lockup?

>>28430979
only a 6 month bond available atm, 36% APY

>>28430625
same, do I have to spend $20 to take my reef off binance in order to do this? also why is the APY so low

>>28431018
thanks broski

ITS FUCKING DUMPING LMAOOOOOOOOOOOO

IM FUCKING RUINED FUCKING PAJEETS

Will Binance do reef staking

>>28431326
yes, no date for it yet though

>>28428824
I’m like 8 bucks short on ethereum for gas. Don’t wanna buy more. Maybe next time

>>28430498
ngmi, no patience, invest in the next mcdc loser

>>28431326
This is nothing compared to links dumps

I am not even sure if the gas costs are worth it with the current price of Reef.

lmfao wtf it said successful but the bond didn't actually go through, still lost the gas though

just staked 17k REEF waHOOOOOOO

>>28432545
just cancelled the transaction because gas fees are insane lmao

>>28432826

>>28432505
>still lost the gas though
yep every time

>>28432826
Yeah I’m not doing anything with my reef stack until their platform launches for real. Shouldn’t have to pay gas for this I thought they were taking gas out of the equation

AAAAAA my shit actually didn't go through eth is such garbage sometimes

>>28433124
REEF exposed as a pajeet scam yet again

>>28433228
No the platform just hasn’t been completed yet. This announcement is gonna flop tho because everyone’s tired of gas

This announcement is bearish af

FUCK REEFBROS THE FUD WAS REAL WE GOING BACK TO 3 CENTS

>>28433963
good i can finally acquire more then

>>28433963
HISTORICALLY SPEAKING,

>>28429898
I put mine in, but I think you would probably have to lock at least 15000 to make it worth the gas.

>>28434360
Historically, REEF 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 REEF tokens have been already allocated to holders, way before REEF even hit the exchange platforms, because of testnet operations (before mainnet).

I estimate each token to be valued at 0.0000001-0.0000001 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, REEF 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

Fuck i fomoed and bought more at .044

>>28434550
In one hour you can buy at 0.0001 and offset your entry cost bro

Holy shit the dump i am financially ruined
Should I take my Reef to Doge before it gets any lower

>>28434789
yeah it's over

>>28430650
or be locked in during multiple crashes and let free at the bottom

>>28428824
if i invested in anything else i prob would have been like up 3x by know

here it comes bros, the pump to end all pumps

>>28429617
How do I get this?

>>28434528
You’re so right. It’s time to sell and whatever you do don’t look back.

The 200,000 reefbro just called me, sobbing

>>28434789
Yeah. That’s what I’m going to do too. Fuck reef what a god damn scam. Doge coin made me so much more money than this purple bullshit coin

>>28435048
I am up 4x by now so must just be retarded

>>28434789
>>28434929
>>28435321
Bye bye retards

>>28433124
Is this bait? Or are you really that stupid?

>>28429617
this shit has CRO vibes all over....

bullish af for now, bearish af in 6 months.

I had a bad feeling in my stomach when I saw the brown dude in telegram but this confirms it.
I'm getting out now before I lose everything, I suggest you all do the same

>>28434789
I bought at 0.03, then it dumped and crabbed for a week. Now I bought at 0.048 hoping the announcement would pump it but it's still dumping. It will probably dump even more when the competition ends. It's over for me.

>>28435690

>>28435390
this is cope. for your own good, sell, and sell soon. the price is only going down from here

>>28436072
>Some newfag mongoloid DOGE holder that bought the top is telling me to sell
Actually kys you braindead maggot

Omg the fudders are out in force now trying to push the price down.
Lord have mercy

Why is it dumping what the fuck i bought in before the announcement
Is there really a brown guy in the telegram?
Why doesn't the website have a search function
What the fuck did you people sell me I literally have to go two months without turning the heating on to afford this

>>28436575
quick panic sell now you giant retard reef is going to 0
(sell me your bags faggot)

>>28436404
Looks like the announcement did that for them. What a cruel joke.

>>28436575
Never put down what you cant afford anon.

>>28436575
Time to do what every other emotional retard investor does and sell at a loss!!!

You guys are so smart

>>28436575
Yeah some guy named Kumar is increasing the supply by a billion every day. I don't know how I fomo'd for this.m

AAAAAAAAAAAAAAAAAAAAAA I AM FINANCIALLY RUINED WHY DID I BUY THIS SHITCOIN

did anyone else buy the all time high today expecting a breakout higher? i'm down 1 eth already

>>28436575
its starting to go up, despite a load of other coins crashing right now

its actually looking like dogshit at this point goin nowhere. i sold at 8% loss. hurts but whatever. rather lose 8% and make it back on a decent project than losing it all as a bagholder

>>28437809
it's pooomping
rip 8%

>>28437809
The pump was artificial. It will probably go back to 0.05 that but it'll take a week or two.

how much lower can this shitcoin go? down 1.1 eth fuck me... why am i so stupid falling for biz scams over and over.... first mcdc then this......... want to die

>>28437809
so true. you definitely made the right choice. denko is a fucking scam artist

LMFAO how many of you retards bought the top?

Just hodl you stupid bastards. Unbelievable.

>>28437557
i boughted at 4.6 cents then sold in the last pump at 4.8 but boughted back at 4.5

REEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Fcking pussies haha, imagine selling everything at a loss... Biz in a nutshell. Show me one chart that has no red sell candles, dumb pajeets

Folks cant even wait 3 hrs
Wth

>>28438211
What's in three hours?
>t.bong

eh fuck it i think ill just sell this is already 20% down from where i bought and i can't afford to lose more... some of this is my dads money i'm borrowing... fucks sake idk why i keep falling for these pajeet scam ponzi pumps...........

sold. fuck this crab coin

>>28430569
Binance

>>28428824
Bought at .19c feels good man

>>28438193
It’s ridiculous. It’s like they just expect a 24/7 pump. It’s up more than it was yesterday, and it will continue to grow. Legit this coin has attracted too many retards, you see the guys complaining about falling victim to fucking MCDONALDS COIN ITT? They’re so fucking stupid. I can’t fathom it. Their loss, I welcome the shakeout of stupid.

>>28438345
Youre loosing when you sell and then buy another coin at the top, cycle repeats until all you have left isnt enough to buy a coffee

Theres some good FUD in this thread, not gonna lie
Who else /long term/ here? Feeling quite comfy on my smol 50k stack

This is for big holders guys. You're not going to waste time and gas staking your 10k reef for the $60 you'll make in 6 months.
This is for the rear admirals who were going to hold at least till product drop, with 1mill+, to park their reef for $6000 + asset appreciation.

>>28437557
>>28438004
>>28438345
Hahhahahaa daddy’s gonna give you a belting kid and you bought McDonalds coin ahhahaha if I had a kid like you I’d probably strangle you to death

Why is everyone pissed about gas fees? Can't you just stake it by transferring reef from Binance using BSC that you add in MetaMask?

>>28438702
No. It's going to be locked in a smart contact which will require tx on eth.

>>28438595
27k here feeling pretty good

>>28438595
Haven't seen any particularly interesting fud to be honest.

holding untill product launch pump

I have 500k Reef. Is there any benefit to me banking it?

ITS GOING BACK UP

READY TO SELL IN 3 2 1....

>>28438595
No fud worth noting. Just standard complaints about gas, and tiny stacks complaining that their lunch money investment either didn't 100x since 9am, or that they can't get 10000%apy for their miniscule stake.

That's just crypto...

Price prediction EOQ?

>>28439098
If you were going to hold through product alpha, you may as well stake. What else are you going to do, whatch 1 minute candles like the kids?

>>28439294
Take whatever you've invested and draw a line through it

why is it going back up? i sold at 0.042 just incase it went lower... should i buy back in or will i lose more of my dads money? i feel so pathetic

>>28439412
KEK

>>28439510
asshole

>>28439387
I invested today

>>28439412
I just got off the telegram with Kumar his village has assured me we will see $100 come July

>>28439412
Get out of crypto before you loose more, youre too emotional about this

>>28439543
You have negative money.

>>28439412
it was only going down because of the btc pump, it's going up because of the staking news

it's going to move up a bit in the next few hours

>>28439098
I have the same amount and I took a risk on it just to see what would happen. I'm holding until at least Q4 because I bought in at under 2 cents. It's like 78k Reef if you do the 6 month bond. I figured if the price holds it's a good deal and if it moons it's an even better deal. I think there's only about 20 minutes left on the initial buy in for the bond though.

this thread man... do any of you know what price correction is?

>>28439412
Lmfao

If I was your dad I would kick the shit out of you you dumb little faggot

Just bought 100 000k worth of reef bonds. hope I didn't fuck up

>>28439412
this better be larp

Is now a good time to buy more?

>>28440114
it's over they keep dumping on us...

Remember newfags.. Always..sell...the..news

>>28428824
so uh should I lock half my stack in this shit for 6 months? wat do?

This is going back to 3 cents faggots

>>28440403
Hahaha Jesus Christ get the fuck out of here kid and come back when you’re over 18

>>28440209
I'd say now is the perfect timing if I looked at the btc curve correctly

I'm an absolute buffoon though

>>28440782
Most of us are

>>28440403
>Locked in for 6 months.

Like I give a shit. I'll get 16k reefies at the end of it.

>>28440846
looks like I was right, too bad I don't do swinging anymore

>>28430056
>>28430185
6 months is August you retards

AAAAAAAAAAAAAAAAAAAAAAA I MISSED IT

Why are you guys creaming your panties over 32%?

Ugh bought more at 0.047 should have waited

>>28428824
i treid to stake mine but it just failed and I lost etherium

>>28441784
They expect one of us in the wreckage brother.

>>28441952
reef always find a way to take our money... just sell man... they'll make more of your eth every day too it happened t o me

>all the fucking retards in this thread who bought at the top of during a pump that was obviously not going to last
Did you not notice that Binance had a whole competition?
All the posts about morons buying at the top. Where were you like 2 weeks ago?

>>28442041
take**

>>28442065
damn so where is the bottom? i need to make back my dads money somehow

>>28442041
>selling before product launch

you're not gonna make it anon

>>28442271
He’s a 14 year old child whose father gave him a grand to gamble on shitcoins

>>28442271
when does it launch? what price do you think is a good reentry point if i sold at 0.042??

>>28442266
>>28442486
You need to be 18 to post here

>>28442266
We're going back to 0.03. This is a 3c stablecoin after all.

>>28442849
after the competition ends we could end up anywhere

binance stacking when

bought in at 1c and now staking instead of just holding comfy.

>>28442999
Im just not seeing it not going up in the next 2 months in the current environment

>>28443163
but you said i shouldnt swing into another coin because i'll lose more money??? do i stick with reef or not?

>>28443137
is that worth my time if ive got 20k worth?

>>28428824
Jesus Christ that closed too quickly

>>28443317
I am holding, you do you.

>>28439412
wait before buying back in, it's not at the top yet

>>28443317
Dude i didnt tell you shite.

Are you retards actually watching it? It's slowly correcting upwards, check the volumes.

>>28442065
Competiton for 50k USD made a 400 million trading volume. Yep, sounds about right. KEK.

>>28443137
Still unsure about staking. Arent you scared that you will be locked out while the bear market begins? You will make 16% profit in Reef but if I will sell at just a little bit better price than the bottom then I will make more %.

Who cares i bought below 2 CENTS FOMO FAGS BTFO LMAO

>>28444749
If they just held the paper hands would probably go on to huge gains.

>>28445145
They are bitchmade niggas they will panic sell at the slightest dip

Are you fucking kidding me? Its already closed I just woke up ffs.

>>28440403
>11 posts by this ID
Fudders are out in force, buy signal

someone sold at 3c to try to swing 300 extra reef

now we won't ever dip below 4c again

fucking dipship sellers. FUCKING GO BACK

1 and a half hour until the trading comp is over

>>28447417
Realistically I expect a dip after that but if it does, it will recover and maybe I can accumulate some more while it's down.

>>28444749
This. Bought at 0.019 and accumulating more now. Get fucked FOMOfags

>>28444005
You will sell the bottom and buy the top confirmed that's how obviously jaded you sound
He bought at 1 cent you empty head npc even if it goes to ATL he'll just be down 30% and have the opportunity to buy more and lower his average
I seriously don't understand what some people are doing here you're obviously not made for this
Buy some of the top 10 projects until you understand market caps and planning ahead
Keep taking profit at 30% and holding -95% for years, the /biz/ way

did I just buy another scam

Glad i sold at .05

>>28447542
i hope so. i want to buy more. becasue theoretically if its at 5c now it'll be 5c again in the future even if theres a massive dip

100k reef here

>>28448480
I will probably buy anywhere from 2-3 cents now. If it goes even lower great, I'll take advantage because I know it will rebound.

>>28449244
im a 20k stacklet so i want at least 100k worth to buy something nice for myself when it moons

>>28449312
I feel like I spend a lot of time waiting for crypto to dump so I can buy more lol

>>28435172
stake.reef.finance

>>28445903
right? at least make it last a day

What fucking dump are you cunts on about?

Here comes the next POOOMP

>>28450798
I like this lol