/biz/ - Business & Finance

I've held my 300k REEF through the FUD storm. Torn between adding to my stack or putting more into ORAI Chain which is another project I'm bullish on.

>Penis Detrov

imagine buying...

>>29922594
Imagine not

Fudders will call this fake(its not)

>>29922590
jealous of your stack t b h I've only got 15k reef.
Feeling worse for that pooranon who only had 800

>>29924322
Good news! REEF is currently on sale :)

>>29924426
Yeah but i've already got enough invested that I can comfortably afford really. It's a great price and I initially bought cheaper.

>>29924525
Then sit back relax and enjoy the comfy hold anon. WAGMI

In other news, CoinBureau, one of the most respected and followed youtube crypto channel is calling REEF a scam.

>>29924639
I hope this hits $1 so I can take my 15 grand and fritter it away reinvesting in crypto and penny stocks.

>>29924731
Lets be real. They just want him to cover reef to POOMP it, though he could just as easily cause a DOOMP which is probably why he's shutting up about it as there is nothing special about reef atm.

>>29924731
Although he never mentioned reef by name the article to reddit in the description is hilarious. Reddit itself is the largest echo chamber of them all. What a retard.

>>29924731
Oh, at least he admits Cardano is fishy too.

>>29923002
people are searching it, checking it out, and noy buying lol

>>29924731
The day the reef client is released im going to post all over reddit about how coin bureau fuded them into missing out on reef. I will turn his followers against him.

I sold 300k, too many red flags

>>29925439
Imagine standing on the biggest shitpile scam on the planet and thinking you have anything against one of the best researched people on the internet giving his research away for free

Put some more dollars in Denko's pocket and keep holding what's basically tether but purple

>>29925765
Only time will tell fren, will you still fud when the client is released? My guess is yes and we will laugh at you.

Reef ID get

>>29925854
>client is released
>biggest Denko Dump in reef's history as people start to think it's not a scam
>daily candle with wick to 0.8 and 0.01, closes at 0.04
>Denko's net worth is increased, reef stays stable just as the market makers planned.

>>29926081
Reef id get

>>29926181
Come back in a month, when client is released and we are mooning. I have every fud screenshot saved. You literally have donkey brains if you think this won't go to .25 within a month of release.

>>29925765
REEF IS A SCAM!!! I TOOK OUT A LOAN FOR SURGERY FOR MY DOG UJEEM AND INVESTED IT IN REEF A SURE BET. WRONG I BOUGHT IN AT .05 AND HAD TO SELL AT .035. IT TURNS OUT THE CEO PENIS DETROV IS A KNOWN SCAMMER AND NOW MY DOG UJEEM IS DYING!

>>29926300
Hold this for the next 5 years, miss the next bull run too

>>29926541
>q1 release
Damn i was unaware the crypto bull run ends in March. You are probably a Bobo poster.

>>29926358
I hope not

>>29924322
I'm that poorfag that only had 800.
Now they're actually 301 because I sold some to buy ADA.

Transparency report and updated roadmap coming this week!

>>29927130
Hope you get some profits anon

>>29927611
Thanks anon. You too.
I have faith in both projects, but I trust ADA more now short term considering the amount of attention it's getting.
If ADA moons soon I'll have more money to spend on REEF, which will see a lot of profit once it moons too (if it ever does). Hope I'm playing my cards well.

My fav reef song.

https://youtu.be/S1Gg-QM14SM

>>29928371
That is my second favorite, the day the reef client launches we can have a poll for the official reef song of /biz/. Until that day, this is the unofficial official song of /biz/. Straight fire.
https://www.youtube.com/watch?v=OIrXxNo7Pk4

I went all in when it was .042c, fuck it.
I don't have enough to make it, but if by any chance this moons i'll stop being a poor cunt without nothing good in life.

After end of Q1, if things are good I'll hold till EOY. If not, selling when BE.

>>29928808
damn this white boi cute

I'm usually lurking in these threads but rarely post - 100k stack reporting in.

What's everyone's MakeIt.tm stack thoughts?

>>29927815
Anon you just literally sold low and bough high.

>>29929079
To follow on from this:

I'm a dirty speculator. Have been for years, and have done pretty damn well with it.

I don't give a shit what the tech is, USUALLY, what pulled me in to reef was the chart (hnnnng), and the potential rocket it truly is.

Can someone tldr what the fuck this thing actually does?

>>29929079
1M is make it if it all goes according to plan.
Personally I wish it would rocket to $100 but that will literally never happen.
Would be happy with $0.5-$3

>>29929411
>>29927611
>>29924744
>>29924322
>>29924244
I am the collector of dubs

>>29929326
Watch the demo in the OP. Starts at 9 minutes, he walks you through all the different features.

>>29929411
A fat mil is a fair way past my risk tolerance for speculative assets, but shill me. Why are you so sure?

Tldr version

SCAM COIN

>>29929523
Thanks cunt

I like the aesthetic that seems to be inherent to reef memes, might ape in like a retard just for that reason

>>29929763
Even the reef fud memes are the best i have ever seen.

>>29925765
I don't even know what's the fud supposed to be in this screenshot lol
it even shows 20b max supply as it's always been, it's like a-ha, check etherscan and bscscan, it's a number under 20b! scam!

>>29929572
Confidence in the end product

EOD price prediction?

>>29929523
Okay so basically it's simplifying crypto investment for consumer market?

KSI LIE
WE WUZ FINNA INNIT TOGETHA N SHIEEET

>>29930116
Yep, makes crypto easy for the normies and offers baskets set to different risk levels. One stop shop for buying/investing/staking

>>29924744
That’s my wish too
WAGMI

>>29930524

How many coins did denko buy back to "steady the price"?

Neverposting reeflet here. My tiny but sweet stack of 25k. Bought early Jan. And feel like a duck on her warm eggs.

>>29930756
keep on sitting on them, when they hatch you'll be proud

I only have 5k reef , But I wont know when to sell once btc starts apeing into the 75k-100k range.

>>29929222
Nah, bought REEF at .03 and sold at .about the same price.

>>29932591
ah thats good then, many anons fomoed when it was at .05 and are holding bags for a while, I also got in at .03

I though there was gonna be a huge pump after the AMA
Or the KSI podcast
Or the other AMA
Or TWO MORE WEEKS which was said three weeks ago
And every day this coin just gets lower and lower so if it ever goes back to 5c people are going to see it as a huge accomplishment
What a joke

>>29932841
good for then I guess lol

>>29932841
Pretty sure everyone here knows that the client is launched in q1(which is why people bought into reef). Good try though. Come back in a month and shitpost once the client has been released.

>>29928808
this is where it's at

>>29933141
I love the remix another anon did

https://vocaroo.com/1d2T7x7oXtWs

>>29928371
That was great, ended too soon though

>Diamond hands developed makes them seethe
>I wont sell my bags to you Ujeem.

Can someone add the logo?

>>29934326
there u go

>>29934550
lel

>>29932638
I bought at 0.2 and 0.26, watched my money more than double, and now I'm watching this shit take a nosedive. I want to kill myself. Penis better release the fucking app so that this piece of shit goes to $0.20 in a month.

>>29934676
BTC went down 7%, and nearly all the altcoins went dow 10-15% as a result.

>>29934676
just be thankful you are in the green, its a less mind torturing position

hello my name penis from bulgaria i want MONEY buy REEF good coin and in 2 years new coin comes better i promise

>>29934813
You just got to believe fren, Penis posted in the telegram this morning that the transparency report is being released this week. Q1 hold fren, I won't sell either I know the stress, I get called a shill everytime I post. Reef frens for life.

How to buy? Should I swap on trust wallet?

>>29935885
Pancake binance and uniswap i think

I don't know, I just have a good feeling.

What's that Penis meme? Why are people calling him Penis Detrov?

>>29933348
>https://vocaroo.com/1d2T7x7oXtWs
I just bought 10k more

How much reef for babe like this?

>>29936211
in 2022? about tree fiddy

>>29936178
He was involved in a scam project as a CTO. He addresses it in the AMA in the OP. He is name is Penis until he delivers the client and restores his name.

I don't know, man
When /biz/ is into something that much maybe it's safe to stay away.

>>29927594
Thank god. Time to kill some fud, or atleast force them to come up with new shit.

mmmmm comfy frens

>>29936666
aaaaawwww fuck I take it back, those digits are a sign.
I'm buying some

>>29936750
what if he says new roadmap will be to release the client in july since they'll focus on polkadot

>>29937166
They will release the basic client q1 and keep adding to it according to the road map.

>>29924731
Nothing in there says he is, he's just got comments begging him to shill this overmarketed vaporware

Oh, [s that real|are you serious|are you joking}? Why do you complain about this trash?
Wanna to save your wallet just put your brains back to your head and read this lil boi
>YVS Finance yield farming - that’s what youwanna see since you know about crypto!
So be smart and get money here, no deposit or extra gas, just a cool staking model!

>>29934813
I'm down at least $2000 because the early gains I saw from REEF emboldened me to spend more of my money on other shitcoins before the market started crashing. A good chunk of money was completely lost just due to retarded eth network fees so I'm not feeling too good but I'm still going to hold and cling to the belief that Reef might turn out to be a legit project. It's been a rough couple of weeks for me though.

Anyone seen polish bro? I'm getting worried I haven't seen him in like a week.

>No working product.
>Shady CEO with multiple personas.
>People getting banned on telegram for having questions.
>Shady token supply things that weren't answered.
>Half anonymous team.
>Advertising as super AI shit. Zero explanation or whitepaper about how the machine learning will work. ZERO.
>Generally nothing innovative besides AI which is not working. And is not explained.

7/10 post because I answered.
Sold at 0.04 and avoided the scam.

>>29937236
basic client? is that a test client? pretty soon if its Q1 then.

>>29937894
>Shady token supply things that weren't answered.
It was answered in an official post.

>>29937974
The basic ethereum based client will be released with the basic staking and 1 static basket(my educated guess not involved with the project). Then they will continue hitting road map goals integrating more and making the client better.

>>29925765
They said that CMC will have synced their live nodes by last week. It still only shows 3billion circulating supply instead of the 10billion reported by penis. These guys are just incompetent at running a crypto company.

>>29930269
That’s what you get trusting a nikka

>>29930732
>buy back
>implying he’d spend his scam earned cash

He’s probably sitting on beach somewhere with a bagel in hand with an orange juice beside him.

>>29932841
*if it does get to 5c again. Penis increased the supply by 300% since then.

>>29937819
He sold his stack long ago and just started buying in now.

EXPLAIN PENIS DETROV MEME

WHERE DOES IT COME FROM?

>>29937894
I got banned for calling one of the admins a dummy. Is it because I’ve been in the chan for too long? Or are other people just snowflakes?

>>29938389
Transparency report/updated roadmap this week. Penis announced it in telegram this morning. The marketing team is a group of grossly neglegent pajeets (except neirenoir, you're alright in my book fren). The real developers are working around the clock to get this thing rolled out and deliver for their investors.

>>29929079
It is going to 0. Even niggers are dumping it now. Wake up anon.

>>29939105
>Even niggers are dumping it now.
Thanks for the heads-up, just bought 100k

>>29922590
I'm sitting on 57k, bought 450 ADA as well today. Will probably buy 20k REEF if it goes below 0.023

>>29939451
kek

>>29939451
>inadvertanly a buy signal while fudding

Where to stake reef?

REEF bros, please give me some anti FUD. Im half way to the rope. went full in and already lost a ton.

>>29940614
You're the same as me. Lost too much to quit now. Diamond hands, hold till EOY or at least end of Q1

>>29940574
They have been doing some test staking to gauge interest. It should be close to launch time so we might not get anymore staking until the client is released this month.

Euro frens it is officially the last month of q1. Client release eminent! Polish bro come back we miss you.

Bought at .01, managing profits between crab sessions, keeping a good stack for a possible PnD, rinse repeat. It's that easy to abuse an early coin, being a scam or not, why do people are avoiding free money ?

>>29941599
i think he dumped his bags on us

>>29940743
I might be worse. too unlucky. a gypsie witch cursed my arse for sure. give me some white pill fren, If the client released and price is still, Im gonna fucking kms for sure. went all in.

>>29936666
Checked

this month's fud has turned my hands into adamantium. RIP to whoever fell for the coinbureau fud this morning.

Hello my name penis i pay punjab for make this thread buy REEF

>>29926300
checked

do you think penis and sirgay ever check biz

Why is bitcoin tanking again

>>29936666
checked
at least after buying at .045 my bags are such dogshit that i have no choice but to hold forever. feels penis man.

>>29937894
You know Denko didn't actually pretend to be named Penis Detrov right? It's a Russian meme of some sort, just google the name, tons of people are calling themselves Penis Detrov. Even if he did it at some point it was obviously a joke and he's young. I did stupid shit too in my 20s and continue to do stupid shit.

There is some legitimacy to the FUD but the Penis Detrov thing is so low effort it actually made me more bullish on Reef.

>>29945588
Penis is the only part of this thing that I like

>>29937894
Also, if you know anything about programming you'd know that Machine Learning isn't actually super complicated. It's a buzzword yeah, but machine learning is basically having a big batch of data points that are supposed to be somehow related and trying to find the best function that spits out those data points in the hopes that it makes an accurate model to predict future behavior. In other words, ML sounds like it's some kind of AI skynet bullshit but it's really glorified curve fitting. That's why Python is considered a good language for ML. Because Python is easy to learn so non-programmers like mathematicians and scientists can write code that runs.

>>29926234
Penis ID get

>>29945754
Anon, thats a trade secret.

is uniswap the only way to buy this?

>>29946313
Also, trading bots for crypto and stocks already exist and from my understanding they don't even require any ML/AI magic. I know Penis wants to use the buzzwords to generate hype but the reality is that what he proposes isn't anything extraordinary. That actually gives me more confidence. The only really novel idea about Reef is that they propose a single platform to do all the things that already exist so you don't have to learn to use a dozen different services. It's just an exchange aggregator with a trading bot that maintains your portfolio for you. That's it. They would make way more money if they actually build this thing than through some elaborate exit scam involving minting billions of tokens and slowly selling them off as the price drops.

>>29947159
It is available on Binance or BSC through Pancakeswap. But unironically, actually do some research and watch Penis's AMAs and check out the website, read the FUD too and then make a decision.

>>29947233
yes, I've said it before, that I think the actual fear shouldn't be an exit scam, since it's a plausible product, the real fear should be if they release a client but it's kinda meh and no one notices, cares or uses it

.

Will Europe wake up and dump on us or will the narket recover during the week?

>>29949208
crabing till product

>>29949208
The end product will be penis dumping a last load on your face then fucking off to the Bahamas with your money lmao

>>29938142
What was the answer?

>>29923002
Who tf trading RVN?

>>29951762
gpu miners