/biz/ - Business & Finance

>>29833832
Well if you sold at $200, id buy back

>>29833832
depends on what's the EOY

Phase 3 is coming in 2 weeks
Soon stakin by app. 19% for delegator. Soon new ath between 300 and 400

>>29834450
Which app?

>>29834648
Maiar funny names they have haha

Bump, not enough egld threads

The bull doesn't give a fuck about fundamentals even just the name EGOLD will force retards to fomo it up to a grand because of it's supply a bit lower than Bitcoin. This quite literally is the next bitcoin or atleast thats what we can sell it as to normie fags

>>29835114
so it's a go buy?

>>29835341
I bought earlier, now just waiting for that $1k

>>29835608
same bought at $40, 10k bag

>>29835341
I honestly can't say for sure, it's a big gamble because anything can happen. It could get rugpulled but i'm just gonna risk it anyway, i only have 2 grand to my name and i'v put 1 of which into egld

It has a low supply of 17m, max supply 30m so it currently it has a lower supply than bit coin meaning that when ever it the market cap goes up it will pretty much will nearly exactly where bitcoin was when it was at whatever market cap it was. so you can do the maths on that, but long story short, extreme gains to be made BUT heres the thing
If you have 10 egld you can stake it and earn 0.2 egld a month so if egld goes up to a grand (which it can easily go to) you are earning a passive income of 200 dollars a month which also snowballs as the more you have, the more you can get so do the maths.

theres. a bunch of other shit i can get into but its too much as to why i'm bullish

but the only downside i can think of is that it can be rugpulled at any moment, the devs are a bit mysterious so there is an absolute decent chance that the devs can just fuck off with your money at any given point orbit could fade into nothing once this bullruns done. But at the end of the day this all gambling so whatever.

But i'd rather lose 1 grand than lose out on 100,000 grand with passive income

So choice is yours, i wouldn't buy it unless you're willing to lose all of that money

>>29836308
I dont think they are doing all that hard work, DeFi, the app gets new updates all the time, I can see they want to build something good, I wouldn't be scared of that

>>29833832
Was swinging it but it went up last night and refuse to buy back in at a loss, hope the whole project crashes

>>29836456
Yeah but the end of the day it's just another etherium killer which like 80 percent of the top 50 is full of. So i personally think that this will gain success by posing as the next bitcoin so normies will buy into it, it's got a good name going for it and the ceo understands the value of normie retards. He said he named it egld for that sole reason

>>29836874
Wish them luck then cuz I got my bags waiting

>>29836874
Every normie I know involved in crypto go for Cardano, Ripple or Ethereum, nothing else

>>29833832
if you sold at 200 you already make it because it will never be at 200 again

>>29837444
wanna bet? I say $1k EOY

>>29835114

Exactly, everyone only cares about number go up, but elrond has some super solid fundamentals, AND a functioning front end.

this shit is literally superior to so many coins, its crazy how nobody gives a fuck about it.

The front end app is as simple as venmo
>sign up / send to phone numbers
>human readable addresses (@*user.elrond) instead of 32chars
>fully functioning normie-proof mobile app (ios/android)
>super fast transactions (5s confirms in my experience)
>super cheap transactions (I tested it and it cost me .000071 EGLD to send $1 to my friend)

And the backend is literally what eth and others wants to be but can't seem to figure it out
>Scalable Proof of Stake
>Blockchain Sharding
>Virtual Machine on chain with smart contracts that compile to WASM from any language

I highly suggest checking out their mobile app (Maiar)

And reading the whitepaper/dev docs

https://docs.elrond.com/technology/architecture-overview/

https://elrond.com