/biz/ - Business & Finance

Previous thread:
>>56349766

>>56362680
Obvious bait thread. Nobody over the age of thirty posts on 4channel.

>>56362858
That would be weird!

>>56362894
Weird and creepy...

My portfolio is down 25%. I’m starting to think I am not a genius.

>>56363098
When I expressed similar concerns, my financial advisor told me to double down, I'm sure it'll work for you as well.

>>56363257
I don’t believe she said that. Receipts.

>>56363299
Checked and >>56354167

>>56363314
Actual imposter or you’re being unfaithful.
I have faith in Kleros 2025 still.

>>56362672
https://www.qredo.com/press/qredo-partners-with-avalanche-for-launch-of-first-ever-evergreen-subnet
>Qredo, a leading provider of institutional-grade digital asset self-custody solutions, is pleased to announce its participation as one of the institutional partners in the Avalanche Spruce testnet.

Basically buying AVAX should be the top priority here because everyone will run Subnets and depend on Avalanche

>>56363372
quick Avalanche rundown:

Emin Gün Sirer:
>Cornell CS Prof has been in crypto since BEFORE BTC (Karma2003)
>exCo Director of IC3 joined up with Ted Yin and invented Avalanche Consensus
>close partnership with the Chainlink team
>Vitalik endorses EGS & acknowledged Avalanche is a Breakthrough on par with BTC
>is for decentralization and Censorship resistance
>el33th4xor that farms gigabrains from top unis

Avalanche protocol:
>third consensus protocol after Nakamotos PoW & Classical
>basically consensus is reached by probabilistic sampling thousands of independent nodes over multiple rounds
>This is not repackaged shit with minimal tinkering here and there its a completely new type of Consensus Protocol
>4500+ REAL TPS (no bullshit tricks, batching, or centralized L2)
>can scale to MILLIONS of Validators while maintaining high tps & sub second finality
>highest Nakamoto coefficient
>Node hardware requirements are low
>Resists 51% attacks (would need 80%)

Tokenomics & Profit:
>hardcapped
>AVAX needed for staking on nodes & delegating to nodes
>needed to participate in governance of the network
>fees are burned (also when Subnets, Blockchains & other assets are created)
>9% APY + delegator reward% + Subnet Rewards
>only requirement to receive the rewards is 90% node uptime

Subnetworks:
>subnets can be launched on Avalanche with near infinite customization
>"Blockchain as a Service" to tokenize all the Assets in the World
>Chainlink Subnet is in the works but also 900 other subnets from gaming to finance to CBDCs to payment providers everything is possible on Avalanche
>AVAX node may be a member of many subnets & earn additional rewards from them all!

Full EVM support:
>All ETH infrastructure can work on AVAX out of the box
>C-Chain (EVM) Subnet is constantly improved
>C-Chain mirrored the best parts of the entire ETH ecosystem and improved on many ideas giving it all the TPS, scalability, speed and interoperability that it needs for the next stage

>>56363376
>Tokenomics & Profit:
>>hardcapped
The devs can septuple mint themselves avax at any moment and delete it from the block explorer.

>>56363340
Further down the thread she typed "I".
That's either a dyslectic pirate or there is some funny business going on here.

>>56363445
I think someone is just teasing. It’s easy to fake a freudian slip.

>>56363435
>but muh Double Mint
nobody cares about a Bug that was fixed 3 years ago and in which no Funds were lost.
Nowadays Avalanche is onboarding TradFi institutions and Bank of America recently named it a Golden Shovel when it comes to Real World Asset Tokenization.

>>56363450
>I think someone is just teasing.
You really think someone would do that? Just go on the internet and tell lies?

>>56363541
What if Coinbase lists Qredo on monday? Maybe I can make my money back.

>>56363947
After a 50% drop from current prices Qredo will become a 30 million dollar wallet. That seems like a fair price so I will buy some. You will be squeezed by me and the team at that time. Pic related.

>>56364028
I’m okay with this.

>>56363450
Now I'm panicking.

>>56364365
Did you also put 50% into Qredo for a laugh?

>>56364843
Fortunately not anything close to half my portfolio, but I did buy 100k.
So far I've not been able to laugh a lot, some crying, sure.

>>56365147
You bought more than me.
I have failed you, unless listing soon.

>>56365163
At least it won't go down any more.