/biz/ - Business & Finance

It surpassed 2 dollars last run. Stop being greedy

>>52835293
How is it greedy to assume the project will mature by next run and naturally be worth more? It’s added AVAX, Matic, and Arbitrium as well as a few other blockchains since last year and the hosted service is ending next year.

>>52835247
Optimistically, at least 16x-40x in hosted service query volume on mainnet is necessary for $5. More pessimistically, at least 24x-60x.

Basically, if that kind of valuation can be fundamentally justified, you're really not going to want to sell because the yield would be milk and honey.

>>52835247
Now mark the holders and think who of them are holding vs who are dumping. This piece of junk goes to 0

>>52836065
> 100k holder here btw (paid $50k for it)

>ICP integrates ETH
>HTTPS calls make GRT redundant
Oh no,no

it's over

>>52836146
HTTP call’s don’t make GRT redundant, quite the opposite. On Eth, smart contracts can’t call GRT, so it has been only for dApps. With ICP outcalls, ICP smart contracts can call the GRT indexing services directly.

>>52835247
So is $40 EOY 2025 FUD! or not? Can a big brain grt fren tell me what my 100,000 stack will be worth year on year please?

>>52836146
ICP is a scam retard, what were you thinking dumping your money into that chinese hullabaloo

>>52836146
I looked into it in response to another shill a few months back, and no, ICP cannot do what The Graph does. The basic indexer's compute specs alone would cost at least twice as much on ICP as centralized cloud services, and there's still a lot of unsupported functionality.

I asked the shill to provide evidence for his claims with all this in mind and he told me to "ask the devs." In other words, the claim is bullshit.

Report ICP shills and ignore them. They make Parsnips look like systems architects.

>>52835247
It's over.
>>52835391
It's over.
>>52836046
It's over.
>>52836091
It's over.
>>52836199
It's over.
>>52836379
It's over.
>>52836520
It's over.
>>52836664
Checked. It's over.
>>52836734
It's over.

>>52836734
What are you on about? Are you saying running an indexer in canisters would be twice the cost of running it in AWS? How did you calculate that?

>>52836790
So basically $40 EOY is FUD! then. Got it.

>>52836961
It's over.

>>52837331
Got it! ; )

>>52836046
do you anons think GRT can 50-100x its query volume in the next couple years?

>>52838170
yes, next question

>>52838170
Yaniv decided that life is to short to wait

>>52838181
is 300k grt enough to make it?

>>52838340
you will get more by buying beer today and recycling empty bottles for cash in 2years

normies dont care about these infrastructure tokens so no one to pump our bags. buy something with a dog on it instead

>>52838170
The monthly volume has flatlined in the 30-40B range this year, the same as September 2021. Bearish because it's not rising like the last bear market. Bullish because this is the baseline for the next cycle.

But to answer your question, unlikely. 2021 was a 5-6x, and we're currently 3x from the start of 2021. The historical assumptions here were of modest monthly gains compounding over time, but the contagion has taken a toll on user activity and growth in the ecosystem, which is The Graph's traditional bread and butter. Developer traction metrics also appear to be stuck at late 2021 levels.

2023-2024 will really have to surprise us.

>>52838812
*Developer traction growth. My mistake, I was looking at the deltas.

>>52838812
2025 price prediction, anon. Let’s hear it.

>>52835247
Blew my $4250 dollar monthly trust fund stipend on this. feels good 354k so far.

>>52838812
so basically you're telling us that GRT is a shit investment

>>52841056
I'm saying I'm bearish on crypto as an investment from a macro standpoint because higher interest rates means that it, like stocks, is facing competition with fiat-based vehicles for the liquidity that was expected to drive the next cycle, and CeFi's illicit cannibalization of retail really didn't help.

Less retail investment liquidity, less DeFi activity, less queries, less fees, weakened GRT value potential next cycle since it's DeFi's data backbone.

We're really close to the sabotage-the-books worst case scenario for valuation after the sunset of the hosted service, so I'm not particularly worried about GRT's downside at this point, but I'm bearish on broader near-term crypto usage/valuation upside, and doubtful there's even going to be another bull cycle in 24-25.

If not for these sector-wide reservations I'd be bullish on GRT.

>>52842954
Risk adjusted return looks pretty good imo, yeah it could go down another 50 percent with btc shitting it’s bed, but timing the market for the bottom risking missing out a 10x is not really smart, just dca and delegate

>>52843193
Agree. Seems like a no brainer to dca into during a prolonged bear.

>>52835247
>two sides of the same coin
confired jewish post

>>52836146
This. I'm also deeply invested in both

>>52843508
>betting against them in matters of finance

>>52842954
It's over.

>>52835247
>Go ahead, name a more legitimate project right now.

No piece of shit is near your expectations anon. Better to keep hiding under my stablecoins while reaping the rewards from SpoolFi. Wake me when the crypto winter is over.

>>52845168
Are u gonna buy top then again?

GRT is scam, just buy RLC

Make your scam obsolete

>>52838520
>dog
>Anything with dog in its name has no value nigga
and i won't waste my bucks on an absolute fucking shitcoin that has pumped and dumped million times
i'd just do coins that are going to drive higher value like Ftm, Vfox, Ride or something of better value.

>>52835247
ORE Network is a good one. Making a big deal out of making web3 more accessible and simple to use

>>52838520
Normies care. It just gets too technical for them most of the time

>>52846117
What if both are scams

>>52846948
More like ENS with cross-chain functionalities

>>52847858
no just GRT is scam

RLC has cloud compute to block chain, no other coin five cloud computes., clearly name domain is useless

>>52846103
Never an option. Better to be earning the yield on the stables instead of gambling piece of shits until market recovers.

>>52847949
If GRT is a scam and RLC is not, why is RLC powered by GRT?

>>52847949
no, fuck you bastard benchod!!! RLC is scam!@