/biz/ - Business & Finance

>>28874452
fucking top tier scam coin.
>"dude it's the google of blockchain!"
kek

>GROSS and WIERD
>Let's just use Google instead.

>>28874527
>admitting it's top tier
terrible fud bought more

Low effort fud thread

I hope you retards sell

only based 200 iq believers get to realize the gains

what is this shitcoin?

>>28874452
yes anon, its only 0.00002 usd to know the price of eth on the last block.

>>28874603
a pump and dump that people are desperate to pump back up because they're getting endlessly dumped on by people who bought it for pennies a piece only months ago

>>28874527
i wouldnt say its a scam since it provides an easyer to use api, but still not worth it if the price rises, wich means in order to be usefull it has to remain cheap. its nonsense to invest in this

>>28874642
see >>28874783

>>28874642

this is like telling someone it is only 0.00002 to do a google search.

>>28874603
It's an unexciting indexing service that runs off of erc20 tokens. It's about as cool as a tax accountant that can save you thousands. It's simply a utility that every programmer with half a brain will be using to save money on their projects.

What does it do? It finds data for you so you don't have to set up an expensive server and pay a bunch of money to operate a search. It also speeds up the project enormously.

>>28874600
Everyone except this guy is an idiot.

Thisis a fud thread


It's the Block buster of Circuit city.
It's the Pontiac of Saturn
It's the Sears of Enron
It's going to zero!
Yoi heard it first here!

>>28874588
>>28874599
Sorry, missed these guys. You guys get it.

>>28874783
yes, because you can't comprehend fractions. all bitcorns are whole numbers in your world.

>>28874951
this
it's a utility that can be applied to pretty much any dapp using the blockchain and lowers the barrier to entry significantly, i'd be shocked if it didn't find at least some use somewhere

>>28874452
something tells me you don't understand how this works

The 97 posts you made in the other thread before getting BTFO weren't enough?

>>28874452
lmao

>>28874452
yes, you can also pay for groceries instead of dumpster diving for food

>>28874783
a swingie posted this

>>28874452
Just a question, not deliberately fudding. How is any of this economically feasible? Do we actually expect any company to invest in all of these tokens including ethereum gas for a working solution to anything? Imagine expending capitol on each database query (graph), each http get request (chainlink), each encryption request (nucypher), plus whatever exorbitant gas fees exist at the time. Any company that requires a blockchain would be much better off creating their own blockchain solution or using a cheaper, faster alternative.

>>28876052
this is exactly how most enterprise software works. Time is money so either you pay for someone who has the solution, or try building your own. The latter requires a lot more effort to set up and maintain.

Sell so we can buy more. <3

>>28874452
Low IQ datalets will never understand...

>>28876052
The query/get/encryption request fees aren't set in stone, they're determined by the indexers/encryptors/whatever and they compete against each other in a market. If the fees of one indexer are too high, you can just move to another with more competitive prices.
The tradeoff, at least for The Graph, is that between money and time. You have to pay a small fee to make queries, but you also don't have to spend an enormous amount of time and money setting up boilerplate infrastructure, which means you can get up and running much faster. For small ventures looking to move into this space, having a significantly lowered barrier to entry is massive.

You can always tell who has a job in software/tech vs not in grt threads. You can divide the questions into those with careers and those who work in retail or McJobs lol.

>>28874452
What data exists on the blockchain that cannot already be queried?

None. It’s even searchable in linear time, just one pass through the blockchain and you’ll have your answer in a matter of days, or even hours if you spend enough on hardware (remember this task can be parallelized! You can do a map-reduce and become the google of blockchain!)


The only reason The Graph is a thing is because these MTV-generation kids want subsecond results on their queries. Never learned the virtue of patience.

>>28877455
Kek

>>28874600
checkd and that's why I'm
>blocking biz with nanny tool
>changing all my binance/coinbasepro passwords and giving them to my brother for safe keeping
>burying my cold wallet deep into my backyard in a safe that I don't have the key to
I will then come back in 5 years and THINK about selling my GRT

>>28877455
kids these days trying to cheap out on high quality hardware to do their number crunching, can't even appreciate the beauty of a well-oiled server warehouse
leeches, the lot of 'em