/biz/ - Business & Finance

>>28894776
Shh. Let sleeping dogs lie.

>>28894884

>>28894776
only got 25k ersdl back in December, paid I think $400, thought it was dead but didn't sell, went up like 60% overnight now worth $1200, not bad I guess wish I put more in.

KRIEG HEIL! Always knew our day would come and now its right around the corner. Few understand.

>>28895143
It's not too late sir, $1 per token is a conservative estimate. If you buy in at $0.05 that's still a x20.

>>28895319
Not tryna get raped by gas fees though, when I bought, it was minimal gas

>>28895507
True, you could try to buy some on an exchange. I would advice making limit orders, and not market orders, though.

>>28894776
THIS BOOMER IS MAKING ME FINANCIALLY COOM

I think $1 is genuinely possible EOY

>>28896468
Howie will lead us to the promised land

>>28894776
They just aren't meant to reach the Janitor's office brother, not everybody can make it in this bitch of an earth

>>28896468
$2 by June

>>28896798
Don't make me coom.

>>28896846
Based Howie, Patron Saint of Financial Gains shall lead us to salvation!

>https://unfederalreserve.medium.com/the-ersdl-and-unfederalreserve-operational-ecosystem-148d01f75fd5
For those who haven't read (or looked at the colourful images) of the latest update yet.

>>28895319
This anon /knows/. People kept thinking they are too late for AAVE. But it never stopped mooning. It just kept going parabolic over the course of the entire year. This will do the same. ERSDL $1-5b market cap EOY 2021 or 2022.

More like 1000x. Howie's are the new Linkies.

>>28896798
There is nothing to stop us, this project is unfuddable

Am I gonna google this and find yet another fucking hockey stick about to dump or what

Bros nothing but ATHs today, how does Howie do it while just working part time?

>>28897301
No, only financial freedom my friend.

>>28897301
No but it looks like it's about to enter that pattern

>>28897310
He's a professional, there's a silicon valley guy who's doing a lot of leg work. It would seem to me this is more of a traditional finance enterprise and Howie found a good developer.

>there's a 400 million hardcap
>people still think this is only going to $1
Think about it. Howie's we are going to make it.

>>28897301
might correct but their chinese out reach has just started. we jumped 60~% with an additional 100 holders

The devs hold majority supply and even the biggest whales atm own like 1-2%. it will run up n blow off but this isnt dying any time soon

>>28897757
Wasn't the hard cap set to 475,000? Or has that been updated.

>>28897594
The tech guy worked at a lot of banks, this is good, I'm a programmer at a bank and trust me these people just want a boring boomer product instead of silicon valley flashy shit. Making it easy to integrate platform to their god awful ancient bank system will be essential.

You missed AAVE ? Just check Howard's linkedin and see how huge this is gonna be

>>28897849
Something to that degree, it's definitely less than 500,000.

>>28897849
its 475m

Guys, I really want all of /biz/ to make it, but they keep letting themselves get distracted with shitcoins that already mooned. How do we reach out to them? More fascist memes?

>>28894776
$TRDL? Feels good to have my bags loaded

>>28898061
correct

>>28898047
>>28898061
Yes, sorry, I meant 475m. I heard they're going to have mining until around June during which time the total supply will reach the 475m cap.

>>28898174
ERSDL

>>28898161
Howard is building us a safe harbor bro, it is where we will sail our yachts when we make it

My journey to Disney is guaranteed

>>28898555
Checked

too late to buy.

>>28895143
same lmao I put like $100 into it including fees (so actually like $75) in mid nov & didn't even think about it until I saw this thread and it's at $245 now lmao. wish I put more in. Oh well I'll take it. Let's go Howie.

>>28898597
lmfao no, this thing has the chance to hit 30 to 50 cents this year, anon. wait for a correction and turn a profit with us.

twitter com/Unfederalreser1/status/1361325592789016579

Kyc, ontime roadmap, alpha test of 1 sided staking for collateralized lending pool before end of month

and then heres just their spam from tg
Welcome to $eRSDL all new members please checkout the links below

Important links

Website : unfederalreserve com
(Whitepaper & Roadmap)

What is eRSDL and how does it work youtu be/y8S2zq7Kp4Y

unfederalreserve medium com/a-good-summary-63c95c5d64

>>28898813
https://unfederalreserve.medium.com/the-ersdl-and-unfederalreserve-operational-ecosystem-148d01f75fd5

I missed you, howiebros...

>>28898597
This isn't a pnd coin, this is a real project made by white men with decades of experience trying to do something no one else has done yet. Just wait for the next dip.

>>28894776
N00b here what is this coin called?

>>28899188
$eRSDL
eRESIDUAL
UnFederal Reserve

I don't want to be too optimistic, but I see eRSDL going to .10 this month.

>>28898929
>>28899125
white men promoting a white mans product

>>28899727
this is why i unstaked 78k ersdl so i dont get buttfucked by il

>>28899888
>those digits
Howie is talking to us bros

>>28899997
I'm about to go do that when I get home.

>>28899888
Head of marketing is a black woman
Also Nice trips

>>28900539
Sold my bags.

>>28899188
Just alone fact that someone created memes for this shit and is shilling that hard in a fucking group should slap you in your fucking face.

>>28900574
>https://unfederalreserve.com/team
Terrible job with the photos. Kick the designer of that shit in his fucking head.
I'd be ashamed to sell scam like this.

Always a bit disappointed to see a Ersdl board on /biz. This is the silent accumulation coin, these retards had their chance back in November

>>28900863
These are the people buying asko
Do you want to be this guy, anon?

>>28900944
checked. they won't listen until it's too late anyway

>>28900944
to think the eth valuation is still lower than in nov :(

>>28901023
No these are the people telling others that this screams a fucking scam from two miles.
Fuck your Asko too.

>>28897230
this IS the fud. its like a wasteland of crabbing shitcoins and you come across this shiny gem and you think "there has to be something wrong with this one" but there isnt. so flip the coin upside down all around and theres not a speck of shit on it.

>>28901087
Good, that means the ETH I used for LP tokens will get me more tokens than they would have in December, and I got to farm over 100,000 tokens.

>>28901250
the unstaking began with the announcements last week, the apy jumped from 190-200%-280% almost overnight with them announcing the fork testing. meaning a bunch of other non retards took their lps own n out for the exact same move. God speed you black emperors with your wallets held high

>>28901249
I know like it seems suspiciously legit. You get so used to /biz/ scamcoins that you start to suspect it all has to be an elaborate plot by an indian farmer to feed his village.

>>28900944
kek'd and checked

>>28901446
>all has to be an elaborate plot by an indian farmer to feed his village.
If this somehow turned out to be the most elaborate pajet scam in history, I couldn't even be angry.

>>28900539
I know this isnt true but god damnit do i want a reason to sell early

Guys it won't stop going up...

>>28902384
I wasn't expecting this for another month I'm glad I already filled my bag

>>28902384
Where do you think it goes EOD, anon? Correction or keeps pumping?

>>28902845
im betting it will pump for a while, watch the current holders on etherscan when it stops going up get ready for a price correction

>>28902845
It might dump soon when the chinks wake up and see their gains

>>28902993
>>28903051
would be nice, i've got some extra cash clearing tomorrow, i'd like to throw some more in.

ersdl is unironically going to $1 eom

>>28903573
end of month

the next aave is here.

Anons is the lite paper $1 estimate still accurate? I thought that number was a DCF-valuation using the revenue sharing model, but I thought I saw Howard mention scrapping that idea due to the SEC potentially labeling it as a security. I tried asking about this in the telegram but they just called me fud. Without revenue sharing, I guess the token is only valued by future scarcity which won't come into play for quite a while.

>>28903842
Btw I sold my bag at $.018 right before this pump started. I'd buy a rope if I could afford one now

>>28903842
Well, the lite paper was last updated in December. So that could be an irreverent number now. I don't believe it's a revenue sharing model. I thought the valuation came from lenders using it as a source of liquidity and for paying the licensing fee. If people use eRSDL as money, even for this lending platform, then that should account for the demand.

>>28901432
Umm, actually it is priced higher in terms of ETH now. So, I missed out on that.

>>28905031
>>28905031

>>28903998
the price was with the collateralized chain value for having multiple(2-4) lenders using the system

>>28905094
Thank you, I was wrong.

>>28905094
Wait, actually - how do you explain the uniswap price history then?

>>28904517
It's an annual licensing fee based on a USD value. So it may be $50k for instance, and the eRSDL required would be whatever $50k buys. That's the part that got me to sell, because with that model, a rising price just reduces the demand on the token from businesses (as the number of rlc required would decrease relative to the price).

>>28898161
Fuck /biz/. If they can't do minimum due diligence and see that Howard's calloused hands will guide them to financial freedom they can stay poor. We are overrun by newfags nowadays anyway, eRSDL is unironically a newfag repellent due to its ugly logo and name and needing to DYOR before investing.

>>28905306
Yes, but don't they also use eRSDL as a source of liquidity for the trading platform?

>>28905394
I agree, fuck /biz/

>>28905270
usd valuation isnt as helpful when the onboarding is solely through eth swaps. the eth value jumped from like 700 in early nov to 1800 today

>>28905270
eth rose more than ersdl in the same time frame

>>28905879
Thank you for your explanation, you just helped me make more money.

>>28905420
Probably. I'll admit I'm too brainlet to fully comprehend howie's plan

>>28905306
>>28905420
part of the greatness of this product is the lower initial price for the platform is and then you are discounted further via continual electronic residuals the platform provides

they have a part of the fee charged by the system returned to holders/stakers/bank clients hence the collateralized chain value not being old news from their lite paper. the numbers have just been retooled

>>28906052
Trust Howie, anon. Get back in on a dip. Don't pass this up.
We want your yacht sailing next to ours in the safe harbor of Howie's dream.
First he's building Space Mountain.
Next comes Splash Mountain, Matterhorn, and Big Thunder Mountain Road.
Don't you wanna ride that train to financial freedom? Don't you, anon?

His name was Howie Krieger

>>28906313
Actually, I think he might be onto something. I don't see anything in the lite paper or white paper saying eRSDL is used as a source of liquidity on the trading platform. If the price goes up, the less tokens are needed for the licensing fee. The lending platform doesn't increase the price of the token all that much in this case.

Everything you said is absolutely great for the lenders and users of the platform, but it doesn't really do anything for speculators looking for moonshots.

>>28906834
aim to become a bank sized lender

real possible fud for this project (IN MY MIND)would be the possibility of a US federal member bank to beat them to the end of b2b crypto solution. but they have that somewhat solved with the fact that megalithic banks would spend too much and too long solving it vs buying into ersdl

development could stall because development always stalls and their lack of a GIANT dev team could contribute to this being a real issue BUT they have a ton of experience with banking products and translating clear ideas between the protocols while sticking to regulations isnt that difficult if you have actual banking experience

Basically unless you can find another US based b2b solution provider this is your best bet atm

I accumulated for month and that's my only all-in in crypto.

I won't way my holding rank but this token is (was) my hidden gem

>>28896468
Lol that would be fud my dear boy. This thing could easily go to a dollar before Spring ends if March goes well.

>>28907533
Dubs don't lie

>>28907500
>>28907533
Checked.

>>28906834
Hopefully I'm wrong, and I have gotten the impression that the team is looking at alternative ways of rewarding token holders. But the real thing to remember is that the market isn't rational and most investors don't give a fuck about the details, so there's plenty of pump potential in any case.

>>28906326
I intend to fren.

Trustless Ethereum
Bridge

Trustless cross-chain bridges, with Polkadot through Parachain and Ethereum through Snowfork, help bring any blockchain token to Polkadex in a non-custodial and trustless manner.

WHAT WAS THAT??????????? 6 CENT INBOUND.

>>28906834
>>28908395
GTFO WITH YOUR FUD! SHITCOINS LIKE UNISWAP HAVE NO UTILITY CURRENTLY AND STILL MOON.

I passed on this and went all-in on the crabbing piece of shit OGN. Please kill me.

>>28909181
Actually, what is the point of Uniswap tokens? And why do they have any value? Do humans just associate successful enterprise with a bunch of things with the same logo and say "that's valuable"?

>>28909341
I passed PPAY, RARI, but not this one. I can proudly say I have a 300k stack.

>>28896468
By June hombre

just bought another 43k. i got 73k stack now

>>28897757
Exactly this, $1 with 400mm tokens far too small for crypto

>>28900539
She's sexy though

Fuck I waited for a dip that is not coming

poorfag here just bought 10k