/biz/ - Business & Finance

I fall for digital oil meme and i'm outpriced now

I fall for RSR meme and i'm outpriced now

Damn it feels good to be a fantie
A real fantie-ass nigga locks his stakes tight
A real fantie-ass nigga never pumps and dumps
Cause real fantie-ass niggas don't buy scams

And fudders always gotta schizo
Posting how the fanties will go broke
But real fantie-ass niggas don't flex bags
Cause real fantie-ass niggas know they got em

And everything is cool in the mind of a fantie
Cause fantie-ass niggas think deep
Mints three-sixty-five, ayo 24/7
Cause real fantie-ass niggas don't sleep

And all I gotta say to you wannabe, gonnabe
Shitcoin-shilling, pink-wojaking spammers
When the fanties on the moon, what the fuck you gonna do?
Damn, it feels good to be a fantie

I'm new and I'm outpriced now

I bought Radix instead. Hopefully in 12 months i can look back and realize it was the right decision.

>>29493318
>radix

Yeah not buying your pajeet shit vaporshit nigger

bought small bag(100k) @ 65sats

>>29493292
It’s yet to be listed in normiebase

>>29492957
Thank god I got in at .03$ if I wasn’t such a fucking poorfag and had more than 23k of it I would be more happy though

>>29493068
>digital oil meme
>meanwhile fantom is literally becoming the crypto of the real oil empire of the middle east
Kek you failed the test.

>>29493463
nice flex

>>29493438
Enjoy your third world shittery partnerships while Radix will be partnered with the biggest corporates in the western world.

>>29492957

>>29493559
same here. 30k at 4 cents. i could have gotten it at 2 cents if i fucking waited but i kept fomoing in

>>29493493
why does everyone keep saying its gonna be listed on coinbase

Should I buy now?

>>29493805
coinbase custody

>>29493848
bahahahahahahaha. Seriously?

please dump the price on fUni back, i was just about to buy when it jumped in front of my eyes. thanks in advance

>>29493640
Don’t worry we will enjoy it. Stay poor with your literal vaporware and gtfo my thread poorfag.

>>29493951
unironically yes

>>29494008
good arguments sir

Serious question time - why does /biz/ think this is going to $1EOM but all the analyst websites think $1 is only coming by 2025.

Bought 3300 yesterday on the dip, and already up. never selling.

now, could someone please explain why i want this coin?

>>29494061
Brown ID

>>29494106
Because analysts know nothing and could never write articles to keep up with change in trends that don’t actually exist

im too afraid to stake cause i wanna sell the top

>>29494106
Mark Cuban's team of crypto analysts told him to buy this coin so who do you trust more

>>29494061
This guy smells like a poorfaggot. Out out out indian.

>>29494106
>crypto taking 4 years for a x2
Fucking retards.

>>29494148
because it makes you money

I gladly invite the whole Fantom marine to join the Radix telegram group and learn more about the tech

anyone got that minting guide? im fucking up somehow. i thought you mint when it's high and buy wFTM when it dips, but my minting at .49 is worthless wFTM at .47 than it would have been at .49? lol am i a retard

my bank transfer wont go through til tomorrow noon, fuck german banks. is that gonna be too late

>>29494386
stay there and fuck off already, why do so many pajeets shill us their garbage in fantom threads? gtfo and kys

>>29493640
>corporates

Yes sirs, we will have partnership with all the Western Corporates sirs!

>>29494106
If analysts were good at their job they wouldn't be analysts

>>29494399
No you mint when it's low so your c-ratio goes up when it moons.

>>29494506
Kek they’re so pathetic. There was one radix fag who went so far as to shill his garbage vaporshit in Fantom Marine tg. You can smell the poor in him he was banned for shilling a whitepaper KEK.

>>29494749
fucking kek that's sad but funny

I am getting but tell me if Machimo is good investment

any comprehensive and objective comparison of FTM and AVAX anywhere online?

>>29494749
why is it vaporshit? can the average marine tard even pronounce the word "composability" correctly?

just added another 5 digits of fantoms to my stack, how can it be this comfy?

>>29495189
how does the whole minting and staking and so on work?
I've just been holding so far but I always read how people make like 600 fanties per day... how does one go about all of this? I already am using the fnatom wallet

Please just dump to 0.4 so I can get some. Sold at 0.403 like an idiot

>>29495372
bump

>>29494731
FUUUUCK okay thanks lol

>>29494901
here's one

>>29495372
You're basically taking a loan (in fUSD) against your collateral (wFTM)

Swing the loan. Now you have more. Repay the loan, pocket the difference, unlock the collateral.

>>29495372
For staking you just pick a validator and then set the period you want it staked.
Minting isn't without it risks, liquidation still isn't in place but you can lose a lot if your ratio goes under 300%.

>>29495372
staking is the fantom equivalent to mining, but instead of doing calculations you basically delegate your fanties to a validator node and get your profits like that
minting currently works like longing but free of liquidations

>>29495548
>>29495579
>>29495609
oh boy... thanks for the info! I think I can manage... I'll just be staking as a start.

>>29495548
This will wreak havoc on my tax accounting.

ftm rank 57

>>29495710
Staking has a lot less risk attached to it. It still gives you Fanties for hodling, not a bad route to go down.

>>29495834
I'm so fucked with taxes. I'm just going balls to the wall and hoping to make so much money I can buy my CPA the Adderall necessary to go through all my transactions.

>>29495942
this is the way

Bought at 310 with x5 margin. Sell order is to trigger at 1200. No way this shit will keep going parabolic without a good correction.

>>29495548
So if fantom rose to .5, and you think it would fall to .4 later that day, what's the play? and if the reverse is true? i've got conflicting information last night that's fucked me a bit

>>29495986
5+ wallets, 5+ exchanges

>my CPA

>>29495845
now rank 56

>>29496158
>>29495986
>>29495942

zenledger.io

You plug in your APIs from all the exchanges and your wallets and it calculates your taxes. Tada.

>>29496602
>zenledger.io
>just sign up with your real name and address goy, just tell us what your wallet addresses are so you can pay us the tax, goy

no, I dont think I will

>>29493805
it got on coinbase custody less than a month ago and is now higher mc than 50% of listed coins

>>29495859
what do you suggest as for staking period? surely there must be some risk involved with choosing the longest?

>>29496763
I'm replying to people who are talking about paying taxes, logic would deem they'd be using their real name to pay taxes....

>>29496906
the only risk regarding staking that i would be aware of is that you could miss a swing, and even than you just get reduced rewards for pulling out early

>>29496777
checked

>>29497026
oh! no I don't usually swing that's too risky I'd rather hold and occasionally buy more when it dips and accumulate more that way... speaking of accumulating fanties, do you really get fanties on a daily basis? I thought it takes like an entire year

>>29496906
Risk is you can't move your stake (without a fee).

>>29497254
Depends on how the owner runs the node.

They could pay out 0.00000000001% daily, 0.01% weekly, 1% monthly. Arbitrary numbers of course.

>>29496906
Not really you can pull out early but then only get the minimum rewards.

>>29496906
Stake the longest duration imo. If you pull out early I think you're docked 30% of your staking rewards

>>29497254
You can stake from as short a period as 14 days all the way up to a year. You are shown your rewards in the wallet as they come in, and you can then restake them into your correct stake position.

Say you stake 1000 FTM and you have 50 FTM rewards from staking so far. You can "Claim and Restake" so now you have 1050 FTM being staked at the APY rate you originally staked at. The rate being based on how long you staked it. The longer you lock it the higher the APY rate up to ~13%. So you are compounding your stake rewards whenever you claim and restake.

>>29497473
only 30% holy shit thats not bad at all

>>29497342
I don't think so. Every node I've staked on seems to pay every 6 hours or so.

Bought 10k fantis @ 0.2, what I am in for lads?

>>29497254
Yes you get it on a daily basis. You can sell or reatake it.
Pic related is my rewards, i haven't decided what to do with it, so im just holding for now.

>>29497612
Cool. I assumed it was like GRTs staking.

>>29492957
>can't buy on binance
>can't buy on crypto.com
>can't buy on coinbase
>can't buy on AW
naw dawg imma haf to sit dis 1 owut

>>29497768
>>can't buy on binance

>>29497597
It's a double-edged sword obviously. If you're staking 100k that's 14k fanties a year and if you take out early you're losing 5k or so fanties. Having the option to pull out at any time is good enough on its own though.

>>29494223
>>29494287
>>29494309
>>29494683

It's dipping now, should I keep waiting to buy in at a cheaper price?

You guys wouldn't leave me on the launch pad right g-guys

>>29497263
what is the fee... if it aint too high, I could be okay with paying some... lol speaking of fees, the other day I wanted to move some eth and it cost literally almost 10% of the whole stack I wanted to move, I ended up not doing it wtf why has it gotten so expensive the gas thing

>>29497342
I was thinking of just going with the highest one.. the "GoFantom" thing.. is that a bad idea?

Arbitrary huh? mhmm... sounds risky, I was reading about scam pools the other day.

>>29497473
yeah seems alright, though for the first time I'm just trying it out with 30 days or something

>>29497509
thanks for the advice! I'll try with a short period first but maybe with a small stack staking would take too long, maybe I should do some swinging after all.

>>29497741
you get that per day? that's sick! nice!

>>29497835
Some people say bitcoin can go back further to 40k before recovering so you can wait for that to happen if you want it lower.

>>29492957
I have 2 ftm so far on KuCoin but it says it takes 95 FTM as a fee to withdraw my FTM to my FTM wallet with a 100 FTM minimum? Is that normal?
What's the cheapest way for an American to get FTM and then get it into the official FTM wallet to stake it?
Newfag to crypto and I feel im misunderstanding a lot
How do fees work?
Is KuCoin bad or good?
Can I stake FTM from KuCoin?
I am a retard but I will learn and make money eventually

>>29497835
wait for $0.03

>>29497817
u callin me a liar honkey? ill beat da snowsflake outta ur ass biotch

>>29498355
Yeah that 100 ftm fee is only for the time being, it will be removed sometime, it wasn't in place when I made my wallet.

>>29497905
Not sure what the fees are. I haven't staked, only minted.

My "arbitrary" numbers comment was about the percent I gave as an example.

>>29495845
Got them Vaxies hearing footsteps...

>>29497707
same

>>29498634
I found their website, it says "After staking rewards are unlocked we will transfer 2.5% of the 15% delegator fee back to all of our delegators and thus lower the effective delegator fee to 12.5%" so 12.5% fee on rewards. not sure what kinda fee you have to pay if you unstake earlier since it doesn't say anything about that.

oh.. yeah and it also doesn't say how much they pay out + when at all, maybe only way of finding out is just going through with it and seeing for myself, hoping for the best

>>29494106
>but all the analyst websites!!!

>>29497905
The bridge from erc20 is where the transfer costs you. It was locked at 100FTM before price skyrocketed. The team is working on a new solution but it hasn't been implemented yet.

Funi seems to be an internal ecosystem or something. The price was at .70 a few minutes ago, but actual price was still in the 40s. I've seen this a few times now and it appears to move independent of spot prices on exchanges. No one has really talked much about the differential except to say it isn't usd pegged. I basically have to watch the buy and sell tab all day to catch ups and downs. Anyone have any ideas on it?

>>29499868
I was talking about eth, I'm using binance and can withdraw straight to FTM network so that's fine at least

>>29499848
FRESH GENERAL BREAD

when $10