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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 839 KB, 2048x1311, suter2.jpg [View same] [iqdb] [saucenao] [google]
18174070 No.18174070 [Reply] [Original]

The Biz node went parabolic. Top fucking kek guys.

> Look at that subtle off-white coloring

>> No.18174424

>>18174070
18 fucking million staked to the BIZ node. BASED.

>> No.18174732

Is that a watermark? Classy!

>> No.18174785

is this a scam/ponzi scheme?

>> No.18174853

>>18174785
It takes 15 days to release your tokens from a node, and a further 7 days to withdraw from their wallet you need to use in order to delegate, and no one can explain why other than duuhhh security. Conversely, deposits into this Alcatraz of tokens is instant, so it's literally designed to trap moonboys with muh staking rewards while it dumps to oblivion. That said, it is early days and it hasn't pumped yet, so you'd make money now for the inevitable pump and dump. Just don't trap yourself in a node

>> No.18175220

18174070
That desing... I just came. What is that?

BUY suter NOW from kucoin and delegate to biz node in 8 HOURS!
Also join discord and we are all going to make it. zC73zw

>> No.18175251

>>18175220
Lmao literal pajeet posting

>> No.18175615

>>18174853
Actually it is shit like this that prevents dumps and encourages a gradual rise.

>> No.18175686

>>18175615
until you literally can't sell

>> No.18175712

>>18174785
no.

>>18174853
yes, security.

LTH are not selling until a 20x or a year out, so why bother?

>> No.18175724

>>18175686
I remember you saying this at $0.004 too. Stay poor, i already took my initial and re-bought for an easy 20% swing.

>> No.18175869

>>18175686
If your whole goal in buying into a coin relies on being able to sell within a 15-25 day window well...

>> No.18175905

>ROI: -90%
HAHAHAHAHAHAHAHA

>> No.18176131

>>18175905
> he doesn't buy at these types of lows

laughing is a major, major buy signal.

>> No.18176255

>>18175905
It's called buying severely discounted bags. The BIZ node stakers are most like all in profit or are barely down. Meanwhile the VCs got fucked. You've never been on the winning team before ?

>> No.18176479

>>18176255
they're also getting a 60% ROI. people not going heavy on SUTER at this price are just plain retarded.

>> No.18176634

>>18176479
Technically can’t it be more than 60% if you immediately start delegating every coin you mint everyday?

>> No.18176724

>>18176634
damn anon that's high IQ
I just buy and hold

>> No.18176970

>>18175712
Then please elaborate on what occurs in TWENTY TWO DAYS to justify this "security"? Like give an actual detailed, intricate explanation why it takes so long, and why it can't be done sooner? Of course you won't, but to any newfags considering buying ask yourself why a project in this wild west scam fest that is the crypto world would deliberately avoid letting you access YOUR tokens for almost a month. Occam's Razor will tell you the answer, and it sure as fuck isn't for "security"

>> No.18177114

>>18176970
>Occam's Razor
Ok so what's the answer smarty pants?

>> No.18177239

>>18177114
Learn to read the whole thread tard, I already gave my answer: ponzi scam. I'm waiting for the justification for such a long lockdown from the shills. Of course they themselves don't know because there isn't one other than trap token holders for the inevitable pump and dump. It won't happen anytime soon, but it will happen

>> No.18177345

>>18174070
How can I stake this

>> No.18177364

>>18175724
Kys

>> No.18177382

>>18176970
hackers

>> No.18177687

>>18177364
based
>>18177382
yes

>> No.18177937

>>18177364
> salty no SUTER detected

>> No.18178229

>>18177937
> Imagine still not having SUTER and being on Biz

>> No.18178270

>>18176970
Dont bother. There is a curry smell surrounding this token. Its noticeable by the way the shills type. This is the new VIDT/ZNN.

>> No.18178395

>>18178270
>>18177239
>>18176970
thank you guys, you are really special

>> No.18178769

It's a chink coin scam a part of a larger chink coin scam conspiracy, around ONE ONT NEO etc. That's why its on MXC, the center den of all the chink coin scam washtrading bots. Every tried to place an order for one of these chink coin scams? Literally can't because the washtrade bots aren't meant to take your orders, only trap you into taking theirs.

This coin does nothing but bullshit about zksnarky-cock. It is useless, just another chink coin scam among an army of invading chink coin scams.

>> No.18178964

>>18178769
Ah shit I literally sold everything because of this comment. You got me.

Have you ever considered what Asian people say about Western coins? It is literally worse.

>> No.18179181

>>18175615
Lmao. Ok Richard

>> No.18179506

>>18178964
I'm sure they say a lot, and there is a lot to say. But that doesn't change the fact that in this case, SUTER is just one of many chink coin scams

>> No.18179517

>>18174785
obviously
the main selling point is the logo design what do you think?

>> No.18179630

>>18179181
Thanks Brian.
>>18179517
Lmao just no.

>> No.18179835

>>18179517
keked hard

though I am curious as well why it takes so much time, any anon know?

>> No.18180096

>>18179835
so you can't sell your shitcoins when they pump it

>> No.18180447

>>18180096
that doesn't make sense, if I keep half and half then I can just sell the 1st half that's not staked and still profit, and how would they time this? Besides, they are just at the beginning, this shit hasn't even started pumping yet

>> No.18180512

>>18180447
As stated earlier, there's money to be made here, just DO NOT STAKE. They will pump it hard eventually, noobs will FOMO, shills will go on about staking rewards, shit will do a 10x in a month with newfags and jeets staking more and more, and once everyone is trapped in the node they will dump it to hell and everyone will be stuck for 22 days unable to sell and left holding the bag. I have some of this token, but not to stake, just to sell after a decent profit around 5 cents

>> No.18180593

>>18180512
yeah that's what I was thinking you were saying, the safe thing to do would be to hodl until the pump, as for my meager 50k suter, I will stake them to the /biz/ node and when shit starts pumping I will just withdraw, no way the team dumps below 1-2 cents anyway

>> No.18180598

>>18180512
Pretty smart guy here but everyone has different risk tolerances. Going all in on the stake is probably delusional for swingers but for long-term holders that know they are buying alts near the absolute bottom might not mind.
Personally I am staking a stupid amount but I haven't restaked my bags. I am planning on using the rewards to cover my daily expenses in the near future.

>> No.18180799

>>18180512
Yes, staking isn't worth it in general because of the wait times. However, there's a contest going on right now until next month. Nobody major is going to dump during this time because of how good the benefits are. I've doubled my stack from 250k to 500k in a few days by winning the competitions.
My advice would be to participate in these competitions until maybe the last 15 days (or more because of the 7 day wait). Make sure you withdraw from a delegate immediately after a competition finishes. Any tokens that come back during the last 15 days should immediately be withdrawn from the wallet.

>> No.18180901

>>18180799
There doesn't seem to be much buying going on for the competition though, was hoping it'd be over 1 cent now at least. Makes you wonder where most of these staked coins are coming from in the first place

>> No.18181043

>>18180901
There was a pump on the 23rd, which could be attributed to the contest. I can't say for sure.
But yes, I'm surprised the price isn't increasing further. Maybe a lot of people aren't aware of the competitions. Not that I'm complaining. It just means I can buy more.

>> No.18181091

>>18181043
Well I admire your optimism, just makes me wonder how much of that staking is from coins bought OTC or gifted tokens by Suter. But we'll see how the week progresses, we haven't had an asian shitcoin pump in awhile so I'm still holding patiently

>> No.18181636

>>18180901
just go on MXC and watch all the wash trading. the chink bots have literally millions upon millions to trade with.

>> No.18182340

>>18176970
Nig-nog, the 15 days stake-to-release is only for the CONTEST. The reason it's this long is to make the competition fair so one whale asshole can't just buy 90% of the supply and constantly win everyday. There is definitely a gamification theory here which encourages interest in the coin. I swear no one on here has any logic.

>> No.18182355

>>18182340
hai you stole my word

>> No.18182386
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18182386

i only bought this because i enjoy getting the emails daily when they tell me i have gotten free suter from staking