/biz/ - Business & Finance

>>29746091
0

Should've sold that shitbird when I had the chance

>>29746091
provided parachain auctions are a success and they dont pass referendum 103, which wont dont worry, 5000 easy

>>29747630

wtf is referendum 103?

>>29747630
what is referendum 103?

>>29747704
>>29747719
a proposal some dipshit did to redenominate ksm token 100:1

Hard to know, but once the parachains start the supply will decrease.
What will definitely increase price will be parachains which are tight. People will lock even more ksm to their fav project to make it win. If there is a clear winner then nah

>>29746091
>could have bought 4000 ksm at 1$
>lost the money longing the same day corona crashed every market
>could have turned 5k into 1MM

>>29747778
so some poorfag wants to buy in, it is absolute great that the price is so high right now, this removes a lot of the pajeets

Sorry guys any recent demise is my fault long time KSM Lurker and pulled the trigger recently.

162 USD EoY!

>>29747797
the supply will decrease tremendously despite if there is a clear winner or not, people will lock up ksm to get new tokens its inevitable

>>29747855
he even went against his proposal when people started ganking up on him, what matters now is to deploy the parachains not play with tokenomics, but the proposal was submited so it must be voted on
https://kusama.polkassembly.io/referendum/103
so go and vote nay anons

>>29747878
fuck you anon fuck you

>>29748091
do you plan to invest in different parachains on KSM and DOT, or do you plant to invest in the same projects on both chains? I can´t decide yet.

1000$ minimum

>>29748091
I'm not completely against the proposol (neutral). Sure there will be more supply which would cause a short term dump and consolidation but it makes it a lot more attractive to normies and speculators, also makes it more liquid and has worked well in general for DOT since their denomination.

In general i support denominations in some cases, it worked for Bounce Finance, it worked for Aave, it worked for Dot. Why is it so bad for KSM? Cause you want a supply side shock for parachain auctions?

>>29748260
I cant decide either, it depends on a lot of things
lets see how the first auctions play out and then decide

>>29748384
Exactly that i want a supply shock, after the first auctions are done sure denomination would be a great thing for a lot of reasons especially in the long term it must happen for the project to stay healthy and approachable to developers, but not before i can unload a portion of my bags at ridiculous prices during the first auctions. You should want the same anon.

I'd really like to pick up some Glimmer on Moonbeam.. shame it's release looks like it may be Q3 now =/

>>29748384
also you have any thoughts on bounce? it seems like something we should keep an eye on what do you think?

>>29749082
I like it. Connections with Binance, recieved grants from Web3 Foundation and is serious about implementing themselves on polkadot.

I initially bought 1 BOT when it was around $1.5k because i knew the denomination was coming up so the price would increase and also holding 60 AUCTION (0.6 BOT) gives you access to their public sale ICO's that take place now and again.

I'm bullish on Bounce but its not one of my major holds compared to Phala, Sora, Lit.

>>29746091
What exactly is KSM-Networks relation to Polkadot ?

>>29750711
its the prototype network

>>29750781
1)Does this mean, that working projects on KSM do also work on Polkadot-Network? 2)And Polkadot is the live net, while KSM is used for developing ?
3) Is KSM on KSM-Network the equivalent for DOT on DOT-Network ? Reserving parachain-slots/-threads, approving blocks etc ?

>>29751073
yeah they use ksm as testnet for dot implementation
the parachain will be first tested in ksm

>>29751314
Alright thank you. Then Polkadot will probably fallow KSMs price action, given Polkadot will implement as many parachains ?

>>29751441
Yes

>>29746836
>shitbird

Shut the fuck up, Lahey.