/biz/ - Business & Finance

>>29320888

I'm long in GRT.
It's my first investment ever and its fucking next to nothing but there's something so strange about The Graph that I'm realising. I read a few threads ago about how normies don't know what it is and why its important. It's obvious to us, right. Google of the Blockchain.
I made the buy inbto GRT purely on Fundamental Analysis. I have literally NO idea what I'm doing when I'm trading but I'm certain GRT will be hitting 5 digits within the decade. It's as obvious as anything to me providing 3 things

1. The Graph gets a large enough volume before a competitor moves in with a better/more efficient indexing model.
2. They get apps out regularly and have very good DeApp integration
3. The market stays strong enough to support GRT until that point.

If The Graph release an app early this year then those three pre-reqs are about 90% to moon this coin to over $30,000 in 5-8years.

People were saying $20-$100 eoy but I doubt that, GRT will be like any other coin until The Facebook of Blockchain appears, using The Graph network to recall and index thing instantly. Think about this, if you haven't already. The Graph have produced an essential service to decentralised services, instantiated in the best possible way (a micro market where people are rewarded for fast and accurate indexing) and they are the ONLY ONES DOING IT.

If you haven't bought GRT yet understand all this. If BTC is gold, then after apps start using the indexing services in real time GRT will become the cash of blockchain, too. Small transactions will rely on it because it will be so ubiquitous. Even competitor indexes, far enough out, will pin their coin to GRT because the number of indexed blocks may be too high to even initiate valid competition and they will need The Graph to function with any reasonable load (unless a NN is trained to do the indexing which is far from perfect)

GRT is long, in less than a decade it is about 90% likely in my estimation to be as big as BTC.

>>29321055
GRT circulating tokens make up 100% of the price action despite being 13% of the total supply

>>29321169
kek

>>29320888

>>29320888
the meme I made noone liked

>>29320888
you've been delegating right anon ?

WTF WAS THAT

>>29322118
Nigger are you unironically watching 5min or 1min charts? That shit's bad for your health, GRT is long.

Former GRT bag holder here. It’s hilarious watching this coin crash and burn, but seriously we can’t let It break the resistance

>>29321812
Kek nice
>>29322041
Did you just say delegate?

>>29320888
Is holding The Graph the ultimate bagholdery?

I cannot think or comprehend of anything more cucked than holding GRT. Honestly, think about it rationally. You are buying, holding, staking, and losing money on a token for at least 5 years solely so it can go and get ravaged by the indexers. All the hard work you put into your beautiful little stack - doing due diligence and research before bedtime, picking the right indexers to delegate with, making sure it's a healthy percentage of your holdings, watching it grow, not selling it. All of it has one simple result: its price will ultimately become more enjoyable for those who will eventually pump it and dump it.

Built the perfect stack? Great. Who benefits? If you're lucky, a random man who had nothing to do with the project, who buys the dip. He gets to swing it every night for easy gains. He gets the benefits of its perceived stability and notional value that came from how long YOU held it.

As a man who has a stack of GRT you are LITERALLY dedicating at least 5 years of your life simply to hold riches for another man to enjoy. It is the ULTIMATE AND FINAL bag. Think about it logically

>>29322495
By popular demand, the mods and I have decided to put GRT on a meme freeze. We plan for it to be a temporary ban to show all members how awesome GRT is without the "Is holding The Graph the ultimate bagholdery?" jokes clouding up their feed.

What does this mean for you? If you see a meme, shitpost, or bad programmer joke, report it to the admins and we will ban the poster and delete the post.

You are encouraged to report older posts that fit these criteria, but anything posted before this new rule will only be deleted, and poster will not be banned.

>>29322989
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.

>>29323130
Historically, GRT is the R Kelly of Child Porn. 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 sheets. The entire market is being pissed on by trade bots. Large GRT tokens have been already allocated to child molesters, way before GRT even hit the exchange platforms, because of Pornhub funding (Before main net)

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 the Pinochet of commie executions which means the price has to remain low for companies to even want to use it. It is just the way it flies right now.

>>29322278
but its fuuun

>>29323320
Fair enough, don't let it consume you though, that's a dark road to take. One of many recipes for clinical insanity.