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/biz/ - Business & Finance


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19348132 No.19348132 [Reply] [Original]

10x price arbritrage wow anyone seeing this??

They are swapping STA over to STAC due to the withdrawing issues. And the price difference is not picked up yet

>> No.19348170

Just keep the sta until uniswap fixes. No reason to switch. You will lose money

>> No.19348174

>>19348132
>They are swapping STA over to STAC due to the withdrawing issues.
Yikes

>> No.19348234

>>19348170
You better switch. STA has issues and the dev are leaving it. STAC is now 10x cheaper. If only I have more ETHers

>> No.19348432

>>19348234
they say you cant swap STAC back to STA, so what is the fucking point to buy STAC ?

>> No.19348449

>>19348132
WTF is stac, why arent they just airdropping it?

>> No.19348466

Mongoloid move.

>> No.19348504

STA cannot be sold, as it has issues. U need to swap 1:1 for STAC

>> No.19348542

Devs are not switching. Its only if you want to sell it. Sta is deflationary and they are fixing. Stac is not. Your a moron for selling and the devs are morons for making this stupid solution

>> No.19348600

Not selling. Wtf is this stupid shit. Nobody makes a whole new coin just because you "cant sell" the first one.

>> No.19348611

>>19348132
Anyone who sells for for STAC deserves to be poor. Imagine you're selling your eth for eth classic kek. Absolute state of a retard.

>> No.19348616

STA is faulty you dumb nut, and STAC price is 10x lower now being this early.

>> No.19348626

Maybe by tomorrow, when STA is dumped to the grounds, you will realise it

>> No.19348644

holy shit it's mooning already

>> No.19348648

>>19348600
Checked and agreed. They should have simply looked into new exchanges.

>> No.19348668

>>19348132
STATERA IS DOMPING? WHAT THE FUCK IS HAPPENING

>> No.19348677

STAC will be easiest 10x as it catches back up to STA price by tomorrow.

>> No.19348730

Why does this STA/STAC swap have serious scam vibes.

What dev would do this shit.

>> No.19348758

>>19348730
I do this to feed my country.

>> No.19348802

cheap af on bamboorelay right now
https://bamboorelay.com/trade/STA-WETH

>> No.19348809

>>19348730
kek, he listed a 1:1 swap on ledgerdex because STA obviously has issues so the token is being swapped for STAC. the thing is though, all he can do is provide liquidity to Uniswap....he can't set the price. so currently the market hasn't caught up yet and there is one hell or an arb opportunity. if you're not buying STAC right now.....you'll wish you did soon enough. it's value is 1:1 with STA, but on uni you can get like 4/5:1

>> No.19348810
File: 75 KB, 1024x768, 1523318504449.jpg [View same] [iqdb] [saucenao] [google]
19348810

Dropped 5k of my 250k STA stack to snag 21k STAC
Still believe in STA but taking that low risk flier on STAC
Did I blow it?

>> No.19348823

>>19348616
No it's not you fuck, it's Uniswap. It's trading fine on Bamboorelay but nobody wants to use that so while Uni fixes the problem they made STAC so people could sell on Uni

>> No.19348837

There is also limit on number of STAthat can be converted a day. so after that limit is hit people cant convert. Just buy stac and see its price rise to match sta i.e. easy 3-5x

>> No.19348843

The pinned message on TG says that STAC is just a temporary solution for those who want to sell, just hold your STA

>> No.19348859

>>19348809

But just yesterday he said that STA was fine and Uniswap was fixing the problem on their end.

It's like buying a new car when the first car just had a blown tire. What's going on.

>> No.19348909

so if im understanding right they fucked up on STa so they made a whole new coin? why the fuck would they do that and hows that fair to people who arent following the project literally 24/7? why not just air drop new coin to holders of the fucked up one? this seems super scammy or at the very least makes the developers look like complete mouth breathers.

>> No.19348922

I'm already up 50% after buying STAC an hour ago

>> No.19348923

>>19348843
if that's true then there will be a STAC - STA conversion available when the dust settles.

>> No.19348947

>>19348677
guys what the actual fuck is this. where do i swap for stac, on uni? i found the contract address, this is STAC right?
0x992a780fDEda7a24c52526e027DfEf90CdDc685f

if not than how do i do this? if STA can't sell i really think we shoudl be going to STAC, please advise

>> No.19348950

It's surely early now for STAC buys. What an arbi. Easiest 5-10x

>> No.19348973

>>19348947
yes obviously. if the dev wants to fix STA thats fine too, but STAC will then need to be converted 1:1 to STA.

>> No.19349019

And I thought Ghost was entertaining. Damn I'm getting popcorn.

>> No.19349109

>>19348973
v2 correct? its not prompting me with metmask confirm or loading. also the advanced says the path is through ethereum so how does this get around the problem? how to convert asap?

>> No.19349111

about to be 100 addresses. Dont miss out anons

>> No.19349148

dont miss it while you are still early anon..

STA price : 0. 0 0 0 0 1
STAc price : 0. 0 0 0 0 0 4

5 zeros vs 4 zeros. 4chan heard it first

>> No.19349157

>>19349111
please explain how to swap it. im trying to v2 swap STAT for STA but its not prompting wallet

>> No.19349180

NOTHING FUCKING WORKS

UNISWAP IS SHIT
CANT BUY
CANT SWAP

>> No.19349182

this is literally the most retarded thing ive seen in all of crypto.

>> No.19349186

>>19349148
HOW THE FUCK YOU SWAP STAC FOR STA

>> No.19349194

https://app.ledgerdex.com/#/app/orders/maker-taker/STA/0xe343245de92181bc06ba5cd1152c705a2c5f3e2f/STAC/0x992a780fdeda7a24c52526e027dfef90cddc685f

>> No.19349195

>>19349157

V1

>> No.19349221

Swap there:

https://app.ledgerdex.com/#/app/orders/maker-taker/STA/0xe343245de92181bc06ba5cd1152c705a2c5f3e2f/STAC/0x992a780fdeda7a24c52526e027dfef90cddc685f

>> No.19349226

>>19349186
You cant swap STAC for STA. It's just STA to STAC. Buy STAC, it's much early now

>> No.19349231

>>19348432
it's because STA is going to be abandoned for STAC anon.

>> No.19349240

>>19349182
It's headed up by the usual suspects of failed deflationary copies of bomb.

>> No.19349248

can someone post contract address for STAC?

>> No.19349261

>>19349226
ya I got over a half a mil for 2 eth. STAC is goign to moon and there are people here reading this not buying while its about to surpass 100 holders. This is the definition of being early and biz is sitting on the sidelines. amazing.

>> No.19349279

This is going to be fastest 5-10x. STAC is dirt cheap and it’s a 1:1 swap from STA.

https://v1.uniswap.exchange/swap/0x992a780fdeda7a24c52526e027dfef90cddc685f

>> No.19349281

>>19349109
correct. STA doesn't work on uniswap. that's why it's being converted to STAC on ledgerdex. it's a 1:1 ration there

>> No.19349284

>>19349261
It seems that STA has no solution, I'd rather hold STAC in hopes of them manually burning than STA going to zero.

>> No.19349307

>>19349279
>it’s a 1:1 swap from STA.
where?

>> No.19349373

>>19349307
>https://app.ledgerdex.com/#/app/orders/maker-taker/STA/0xe343245de92181bc06ba5cd1152c705a2c5f3e2f/STAC/0x992a780fdeda7a24c52526e027dfef90cddc685f
come on dude, it's been said many times in this very thread.

>> No.19349392

pls read the pinned post in the telegram. STAC is a temporary solution for people that want to sell. if dumbasses want to convert their STA to STAC and sell it for 1/5th the price of STA, then it makes sense to buy STAC

>> No.19349421

>>19349392
but why are people saying the developers are abandoning STA?

>> No.19349426

>>19349392
This. You are fucking stupid to buy this worthless stac

>> No.19349439

>>19349392
use your head anon. if STAC is a temporary solution for those that want to sell....then those who are buying will be compensated in
STA when it's fixed. unless you're betting that the dev is selling something that is intended to be dropped without value.

>> No.19349440

>>19349392
This is the solution haha. You really think that they'll expend more time fixing STA? They made a new shitcoin just to earn more money haha

>> No.19349463

>>19349426
https://etherscan.io/token/0x992a780fDEda7a24c52526e027DfEf90CdDc685f

watch this and then rethink your premise.

>> No.19349469

>>19349439
>>19349440

this

>> No.19349498

>>19349373
im really not understanding this setup, it doesnt autofill what one STA is worth for STAC, I have to fill it in myself? so what people are saying here is its 1:1, no matter what? but STAC is worth way less... how is this arbitrage?? plz help

>> No.19349501

STA will be 10k eoy. Screencap this.

>> No.19349505

>thanks to the buyers who provided a way for STA holders to sell when uniswap was broken. STA is fixed now so you can go ahead and burn your STAC.
kek...is that what you guys think is happening? STAC isn't worthless, that are being given a 1:1 value but the market is too dumb to understand whats going on with the price discrepency on uniswap right now

>> No.19349546

>>19349505
so 1 STA is worth 1 STAC on ledgerdex. where is the arbitrage? why should i send this transaction through

>> No.19349558

>>19349505
this. Stay calm, it;s great price arbi now for STAC if you wish to add to your stack. STA will be swapping to STAC 1:1

>> No.19349563

sooooooo should we just dump sta for stac?? or airdrop? orrrrrr? I thought ghosties was some bs lol

>> No.19349577

>>19349546
you shouldn't, because STAC is still cheaper than STA on uniswap....so realistically, expect STA price to drop, and STAC to rise. they'll meet somewhere in the middle.

>> No.19349606

almost 2x already, we going to the moon again :DDDD

>> No.19349638

>>19349606
It will be funny if STAC also have issues on Uniswap once it reaches a certain price hahaha

>> No.19349650

>>19349577
this guy gets it ;) We are still miles away for STAC to reach STA. I just got a bag to add to my STA

>> No.19349664

>>19349421
Fud, misinformation
people are scared because the coin that went up to 1cent yesterday has had too much attention and broken some exchanges. if you want to sell now, go ahead and convert to STAC
but hold STA if you were looking for more long term gains

>> No.19349703

>>19349664
so ill hold my STA, but i should also be getting STAC cuz its going up i assume. where should i be doing that since every one is bitching about uniswap?

>> No.19349712

>>19349664
ok i think i get it. I just bought a large STAC sack for cheap to match my current STA and im sitting on both for now

>> No.19349741

IT'S OVER FOR STA

BUY STAC

>> No.19349758

Unlocked sta on uniswap. Stuck on confirmation. Now I can't sell it even on bamboo relay because I'm assuming it's stuck in some uniswap void. If sta doesn't get fixed and I left holding useless sta?

>> No.19349789

>>19349638
STAC is not deflatory

>> No.19349811

I think the thing you guys aren't understanding is the dev can't set the price of STAC on uniswap. it's being used as a temp token to move in and out of STA with....but the price on uniswap is determined by the algorithm...so all he can do is seed the liquidity pool and let the market catch it up. so really what's happened, is STA price fell off a cliff until STAC price brings it back up.

>> No.19349823

>>19349703
STAC was created by the devs as a way for people to cash out STA if they wanted to, as people were having problems selling STA on uniswap. So instead of sorting it out at the exchange, they created STAC for people to convert their STA at supposedly 1:1, and then be able to sell their STAC. There is a lot of noise atm though as the actual ratio was more STAC : STA, meaning people could have made a quick profit

they didnt create STAC to dump on STA people, but that is what happened, because people panic.

bit of a silly solution desu, caused lots of confusion and also panic selling

>> No.19349824

>>19349789
STAC will be manually burned at the same or HIGHER rate of STA.

STA auto burn functions are not good with Uniswap. Swap or sell it for STAC

>> No.19349857

>>19349758
I think even the devs don't know what to do yet.
I'm guessing STA price will go down a little bit because of all this though.

>> No.19349891

IT'S OVER FOR STA

BUY STAC

>> No.19349898

>>19348909
You obviously did not read it right

>> No.19349911

Abu seems to quiet in the Telegram group. Looks like an exit scam is now in progress

>> No.19349919

>>19349857
if the auto burn function is being worked no right now and this is just a temp solution should you buy more STA then and just let the panic selling go on?

>> No.19349945

>>19349911
he really isn't

>> No.19349963

>>19349919
There is no solution for the automatic burn, and wouldn't surprise me if they never come up with one. Better off with a lower supply coin that will get manual burns.

>> No.19349964

>>19349911
"We are still working out a fix on STA, if it works well, both tokens can either coexist or we let you decides what you want with it.

This is a self funded project, we are more on loosing side than anyone in here, the prospect is for long term, that is our believe and that is what we are working towards!"
He said this 3 minutes ago.

>> No.19350007

>>19349964
Typed it while he continuously selling STA

>> No.19350035

Tomorrow STA $0, STAC $10

>> No.19350041

>>19349945
kek. he just deleted the TG. unironically over guys. was fun.

>> No.19350069

>>19350041
Hahaha Abu signing off.

>> No.19350077

This is the gayest shit I’ve ever read

>> No.19350083
File: 30 KB, 600x600, 0e9.jpg [View same] [iqdb] [saucenao] [google]
19350083

>>19350041
LMFAO no, you just got kicked

>> No.19350099

>>19350041
>>19350069
kek. nevermind. what's with the autokick on their TG though? post something or get booted out after 60 seconds

>> No.19350103

>>19350083
Link to telegram

>> No.19350117

>>19350099
post in group within 60s to stay in lol

>>19350103
just search statera

>> No.19350148

STAC IS GOIN STRAIGHT TO $1

>> No.19350152

the group pretty much reads like a biz board rn lmao

>> No.19350179

this is wild. I have both for now

>> No.19350219

>>19350179
does it make sense to swap half my STA for STAC

>> No.19350241

top 10 holder here, what am i in for?

>> No.19350252

I got to sleep at it goes from .0062 to motherfucking .0018. Everyone is dumping to go to another coin the devs created as an interim solution. This is some clown world shit. I don’t even know what to do.

>> No.19350262

>>19350241
>>19350252
IT'S OVER FOR STA

ALL IN STAC

>> No.19350294

STAC now buy it, gonna moon hard in the next days.

>> No.19350319

>>19350252
>>19350262
do not swap STA for STAC whil STAC is lower. what everyone should do is buy STAC while its cheaper, equivalent to you STA stack. then if STAC surpasses, swap. and in that case you profited off the STAC you bought

>> No.19350379

Doesn't having both STA and STAC active cripple the liquidity?

>> No.19350403

>>19350379
Yeah this is a retarded move desu

>> No.19350448
File: 348 KB, 699x715, EE187639-6C4A-4F70-AAF2-3E1188A5309B.png [View same] [iqdb] [saucenao] [google]
19350448

>>19350262
>>19350319
I don’t even know what to believe

>> No.19350457
File: 145 KB, 670x424, 1474075922189.jpg [View same] [iqdb] [saucenao] [google]
19350457

ANYONE WHO TELLS YOU TO SWAP STA FOR STAC IS A PAJEET SHILL
The devs literally said to ONLY swap for STAC if you want to dump your bags - the only reason they created it is because weak hand STA holders were screaming that they couldn't sell through uniswap.
Half of the telegram is too fucking stupid to read and immediately swapped their STA for STAC. When they realized that swap only works 1-way and that STAC is worthless they panicked AGAIN and have started shilling STAC like crazy.
Hold your STA. The devs are working with uniswap to fix things, and when they do STA will moon again.

>> No.19350464

>>19350403
I'm thinking long term get more STA bc the issue is gonna be fixed, but it's not like the coin is broken it's just uni swap is messing up. From what I been reading they made STAC as a temp solution to the problem of STA not being able to sell. If I'm wrong tell me pls

>> No.19350486

can someone post contract adress for STAC? cant find it

>> No.19350504

Bakr fucked us over. He could airdrop STAC to STA holders. I smell scam, double paying for this is just scam.

>> No.19350507

>>19350457
This is exactly what I just typed I knew I right it's time to buy more STA while it's cheap.

>> No.19350508

>>19350486
don't do it anon

>> No.19350520
File: 28 KB, 600x600, 89B9752F-8C6E-45C4-8606-B92ADD0583EB.jpg [View same] [iqdb] [saucenao] [google]
19350520

>>19350457
It’s such a questionable solution and I people were wary of John McAfee’s GHOST. It was accumulating at a decent clip overnight.

>> No.19350524

>>19350457
How is it possible to dump your STA bags by selling STAC, if STAC is useless? Who's buying that STAC?

>> No.19350533

>>19350504
Yeah that's the fishiest thing for me as well now we just need to understand if STAC is actually just short term for those who want to out or they're just double exit scamming us

>> No.19350535

>>19350508
i already did it lol now i need somwhere to put this garbage

>> No.19350550

Anons, the devs and Uniswap fuck up is YOUR opportunity to make MORE money. They are 1:1 ratio, so in a few days when this is all remedied, you will have made 5-10x on STAC, be able to trade back to STA, and then you'll be on the long term moon train!

Don't lose sight of how genius the contract is, first of it's kind, amazing tokenomics. I'd rather have an issue like this early on rather than down the road!

Interesting start to a great story!

>> No.19350561

The telegram is fucked now, slow mode and messages getting deleted

>> No.19350564
File: 61 KB, 184x184, 1410905648522.png [View same] [iqdb] [saucenao] [google]
19350564

>>19350533
you guys really do love the term "exit scam" dont you...

>> No.19350566

dirty arab ABU BAKR AKA mohammed al fekir scammed you, face it.

>> No.19350568

>>19350504
Instead of creating a new coin, should've continued fixing on the issue. Also, might as well update their site and Twitter. Haha its an obvious scam what they are doing with STAC

>> No.19350584

>>19350550
Yeah I'm not doubting the potential of the token here, I'm doubting the team but I put only 1 ETH so fuck it I'm HODL

>> No.19350599

It just went down a bit, filled my bags a little more :)

>> No.19350648

Uniswap and Bakr just panicked that 4chan broke them. Now they try to implement panic solutions, Kek. Just hodl your STA until they resolve the issues and sell for $1 this summer.

>> No.19350665

>>19350520
Oh, it's a horrible solution - but from what I can tell it was an honest mistake the devs made in desperation.
They have been totally overwhelmed by the massive FOMO STA created yesterday, and after it broke 1inch and Uniswap the weak hands went apeshit and put even more pressure on them.
The devs went and got STA listed on bamboorelay but the weak hands still weren't satisfied because the volume on that exchange is so low.
IDEX isn't compatible with deflationary coins, and Uniswap is still unfucking themselves, so the devs created STAC to appease the pajeets trying to panic sell.
They told people STAC was only created as a temporary exit solution but the addition of a new coin only created even more hysteria and now it's a huge fucking mess.
Once STA comes back on Uniswap in a day or two the insanity will be over and regular trading will start again.

>> No.19350676

>>19350648
https://www.youtube.com/watch?v=MPkhhLC1tf8

>> No.19350695

>>19350665
So basically buy now and $1+ in the summer and we all have lambos later

>> No.19350709

>>19350665
I can't imagine the stress the devs must be going through rn legit if they pull this through this token might be amazing

>> No.19350715

So if I am stuck on pending it's not going through?

>> No.19350730

>>19350709
You mean Abu and frendz? The only thing they're stressing about now is when to release Statera Gold XD

>> No.19350790

STAC was created so people could sell STA. People have to buy STAC for others to exit. Noone would buy it if it wasn't going to become the project...So STA is going to be swapped to STAC. I don't like it, but there is no other way that coin creation makes sense.

>> No.19350825

no lol you dont swap sta for stac.

>> No.19350837

Guys sell you STA for another token and buy STAC, simple as that

>> No.19350846

Remember, these are the guys that made BURN, CNR and ASH. Looks like STA/STAC are their latest token failures.

>> No.19350865

>>19350790
Uniswap is the reason the coin cant be sold not bc the coin is broken. Some other exchange is working perfectly right now. Temp solution don't believe the fud

>> No.19350873

people telling you to buy stac are bag holders that wish theynever swapped lol. It's a temporary way for week hands to sell easier.

>> No.19350900

>>19350846
yeah, it's definitely done for. It was fun guys. made some gains on both STA and STAC today...but time to wake up and get the fuck out.

>> No.19350916

>>19350550
Anon, the 1:1 swap from STA to STAC only goes one-way. You cannot swap STAC for STA 1:1.
>>19350695
$1? That would be incredible. Realistically, I expect to see $0.05 a couple days after Uniswap comes back online.
>>19350709
Yep, I don't think they've got very much sleep the past couple of days. I'm sure they'll pull through, they are very aware now of the long-term potential STA has.

>> No.19350924

I give it less than a week before a clone comes along whose main pitch is "statera 2.0.....only it doesn't break uniswap". gotta know when to bail on meme tokens.

>> No.19351036

so what happened was the dev created an interesting token experiment, but the smart contract causes issues with the most used dex's....so we hyped it up yesterday and pumped the fuck out of it on exchanges that legit did not have sell functionality. so it's heavily inflated. on exchanges where you can sell, it's been dumping nonstop cause people who rode this for an easy 10x are still in profit.

>> No.19351053

>>19350873

bro it's the only way to trade their token, STA won't be fixed

>> No.19351072

long story short....just cause uniswap says the price of STA is $x, doesn't mean the price is $x. it has no value if there's no buyer...and there are no buyers

>> No.19351091

STAC might have been a way to salvage this...but biz was too dumb worrying about it devaluing their imaginary STA gains. those gains don't exist retards.

>> No.19351135

>>19350665

I'm just worried that the coin hype will just DIE.

It seems like a lot of people are utterly confused.

>> No.19351140

>>19349248

From the official Telegram group:

0xAacE9A478E1D5B90c87E5E8e9Fc91eB33A049a62

>> No.19351168

>>19351135
the hype is dead anon...who wants to buy a token that they can't sell? would you have bought yesterday if you knew that you wouldn't be able to sell STA anywhere accept minor dex's with no liquidity?

>> No.19351213

>>19351168

STAC fix this retard, it's basically the same as STA but with no automatic burning fucking up with uniswap

STAC = STA you can sell

>> No.19351245

>>19351213

Exactly, I don't get what anons are being confused about

>> No.19351293

>>19351135
Yeah I legit don't understand what went through their mind but it still has a shot and I don't know about you but I put money that I could lose anyway in it and I'm not scared to hold long term, the hype can come back and this coin has some real intrinsic value. The devs just need to fix this whole issue that arose from this huge early pump.

>>19351168
Yeah, you can't sell it now but once they fix the issue it will be worth way more than STAC, as long as you weren't a complete retard and invested a big part of your portfolio on an unknown altcoin (despite one with a lot of potential) I don't see why you should panic. Just sit on that bag of yours until the dev fix it and people wake up to understand how good this is for making money.

>> No.19351296

>>19351168
Why the fuck would anyone buy a deflationary token they can't sell within 8 hours? The selling issue will be resolved, be patient.

>> No.19351316

It's going up again, anons

Fill your bags while you can.

>> No.19351356

>>19351213
STAC could have been a solution....but nobody wanted it to be. so instead of STAC appreciating to the STA value....STA is dumping to STAC value. biz is retarded. time to just move on.

>>19351293
it's a smart contract anon...they can't edit it once it's live.

>> No.19351373
File: 39 KB, 460x287, al-Baghdadi_watch__2965830c.jpg [View same] [iqdb] [saucenao] [google]
19351373

>>19351316
Based Abu-Bakr Bagdhadi shaking out weak infidels and unbelievers

>> No.19351406

>>19351356
It's not the coin it's uni swap your a fucking shill and bagholder of STAC lmfao

>> No.19351416

>>19351168
The hype will be higher after they fix this

>> No.19351434

>>19351356

I guess /biz/ really is retarded

well it's back to .000003 ETH

I'm gonna hold my bag, still think people can see it clearly soon enough

>> No.19351462
File: 38 KB, 798x668, 1519090556191.jpg [View same] [iqdb] [saucenao] [google]
19351462

>>19351406
This, I'm sorry you swapped your STA for STAC but don't come here saying STAC has more potential than STA

>> No.19351474

>>19350900
You go out, i’ll stick to the plan

>> No.19351506
File: 149 KB, 396x385, 1474156117343.png [View same] [iqdb] [saucenao] [google]
19351506

>the devs literally gave the weak handed a rope to hang themselves with and called it STAC
I'm even more bullish on STA now.

>> No.19351507

>>19351406

Why the fuck would Uniswap change anything themselves for any shitcoin, retard. The solution must come from the devs, not the exchange

>> No.19351533

>>19351507
Because uniswap is shit and if they want people to take it seriously they need to fix these issues

>> No.19351578

>>19351406
dude, I bought STAC early and sold for profit. bagholders are you cunts thinking STA will just pick back up where it left off. it's already crashed and will continue to do so.

there's no uniswap solution....and that def changes STAs moon potential. not sure why you guys think this is something Uniswap can just deploy a fix to and everything will resume as normal. kek. the project lost control of the uniswap pools.

>>19351416
it's not fixable retard. that's why the dev minted STAC...to try to appease the crowd who now have bags they can't drop.

>> No.19351603

>>19351507
Bamboorelay works fine

>> No.19351618

>>19351533

The solution is already here and is called STAC

Good luck waiting for the exchange to do anything.

>> No.19351624

>>19351578
Of cource it is faggot

>> No.19351626

>>19351603
what's the price of STA on bamboorelay? what's the liquidity like? kek..... biz doesn't even realize yet how fucked they are, that might be the funniest part of all of this.

>> No.19351652

>>19351624
fixable? you don't know much about smart contract programming do you.... the old contract can be abandoned, but it can't be fixed.

>> No.19351697

STA will have zero liquidity, so good luck selling. STAC is the only avenue to sell

>> No.19351724

At this point, I'm just gonna hold my bags fuck it

>> No.19351736

>>19351697
that ship sailed too though. the amount of people willing to buy either of these tokens is fading

>> No.19351740

>>19350865
They created a coin for people to sell to other people. They are not buying the STA bags. Noone would buy your converted STAC bag unless it has some form of value. The only assumption then is either STAC will be able to convert back to STA when fixed. Otherwise noone would buy the coin. Or STAC becomes the new STA. Either way this was horrible choice. I

>> No.19351765

>>19351740
you can trade STAC for STA.....on exchanges that are not uniswap.

>> No.19351783

>>19351736
yep

/biz/ is pretty dumb xD

>> No.19351850

>>19348132
SO WHEN THE FUCK IS THE STAC CORRECTION REEEEEEEEEEEEEEEE

>> No.19351890

I honestly dont know ehy they didnt just let volume grow on bamboorelay. You could sell on there easily and was getting easier.

>> No.19351937

>>19351765
Yes, because people are gambling on STAC becoming STA, otherwise it would have no value. Additionally they released 16.5M STAC to uniswap which people bought, so now you have STAC supply and STA supply. How will that be resolved? What are they doing with converted coins on ledgerdex? The coin creation did not make sense.

>> No.19352058

STA will have zero liquidity, so good luck selling. STAC is the only avenue to sell

STAC HAS burning mechanism just manually, it's the same shit fools

>> No.19352070

>>19351937

Additionally, I don't understand how they are going to provide liquidity for both. If I want to cash out STA by 1:1 STAC to ETH, couldn't I potentially get fucked due to price differences between the two?

>> No.19352076

>>19351937
right, so what's the argument for holder either of these right now?

>> No.19352077
File: 31 KB, 427x426, 1415648094681.jpg [View same] [iqdb] [saucenao] [google]
19352077

>>19352058
t. STAC bagholder

>> No.19352096

itt: a lot of retards saying "this coin creation doesnt make sense" because they are ignoring the obvious: that this is a brand new coin run by a retard with no idea what he's doing and you spent hundreds of dollars on it because some /biz/ indian wanted you to pump his bag.

let me let you in on a secret on how to sell. yesterday i sold my staxk for a 4x by slowly selling .1 at a time on uniswap. People would buy my bag and repump it from the price arb between it and v2, i only 'lost' about .2 eth profit from doing it this way but thats better compared to literally not being able to sell Abu Bakr's shitcoin. If you do it slowly, you can win

>> No.19352101

iron hands boys... iron hands

>> No.19352191

>>19352076
Just like all crypto, its a gamble. Both parties are hoping their version wins, and the hype that started this issue continues on. Chances are STA Bros and STAC Bros are both going to be unhappy.

>> No.19352213

ALAHU AKBAR SHITTY SMELLY ABU BKR.

>> No.19352275
File: 123 KB, 403x400, 1323155678431.jpg [View same] [iqdb] [saucenao] [google]
19352275

Here's a thought. Assuming this project goes somewhere, because we all want to make some money. If the devs/community say fuck STA and want STAC, the best way to increase your position in the project is to purchase more STA. Reason being we can convert STA to STAC. However, with this logic, we are left to wonder how much of the 5m STA --> STAC provision on ledgerdex will be available at the time the devs/community choose STA or STAC.

>> No.19352395

What a fucking clusterfuck. This is the last time I'm investing in shitcoins having no industry partnerships or some sort of an externally enforced imperative or compulsion to deliver. Fuck chasing pumps. The stress, the lost time nervously browsing through forums to get a fucking clue, it's all not worth it. I'll take my 5x over a month or two instead of a couple of days. Anyways, gonna hold my 500k STA stack for now. Be careful anons.

>> No.19352412

>>19352395
Yeah dude same this shit is fucking retarded

>> No.19352471

From the STA Master himself Abu FuckU.

We are still expecting from uniswap, to help resolve the issue with the pool. At the moment all we can do is wait. We suspected Uniswap solution might take time, that was the reason we deployed another contract

>> No.19352490

>>19352395
my exact thoughts man, this is the last time for me.

>> No.19352522

>>19352471
"We suspected Uniswap solution might take time" - at this point I have no problem waiting for a week or two even but if this fucker exit scams the anons, I'm gonna thrash this guy using his name and pic on every forum imaginable.

>> No.19352596

>>19352522
STAC is the obvious exit scam lol

>> No.19352646

I suggest anons here to join certain telegram groups like baghunters, facemelters, oddgems family etc. There are some sketchy guys there too but at least you get to double check opinions on your investments to be more sure. For example - on three of these groups are positive about KardiaChain. No. Not shilling. Just giving an example about getting multiple opinions and of course doing your own research before investing.

>> No.19352745

smelly arab scammed you, face it

>> No.19352758

What the hell is STAC? I thought I'd try my hand at investing in STA as it looked interesting but it looks like I lost over 50% of my money already WTF

Good lesson to not try chasing pump and dumps I guess, glad I didn't put too much in

>> No.19352985

people swapping their STAC for cheap now lol

https://app.ledgerdex.com/#/app/orders/maker-taker/STAC/0x992a780fdeda7a24c52526e027dfef90cddc685f/STA/0xe343245de92181bc06ba5cd1152c705a2c5f3e2f

>> No.19353002

>>19349157
U cant trade stac for sta

>> No.19353054

>>19348504
How to swap?

>> No.19353057
File: 162 KB, 680x717, f81.png [View same] [iqdb] [saucenao] [google]
19353057

Anyone who dumps his STA for STAC deserves to be poor. They literally said it's temporarily token because uniswap and 1inch cant handle the real token STA kek. Imagine buying swapping your ethereum for ethereum classic. Once uniswap and 1inch get their shit fixed you're gonna wanna kys for swapping your STA.

>> No.19353090

>>19352395

Get in on the new moon mission.

https://medium.com/daostack/daostack-in-2020-18cf98b01bea

>> No.19353121

>>19352395

Forgot to add they are still actively developing and Gavin Wood is part of this the genius dev who was behind ETH. Strong ties and because this is so below ico price with good devs its a solid moonshot candidate.

>> No.19353125

Seems like Abu is slowly dumping STA.

https://uniswap.info/token/0xe343245DE92181bc06ba5Cd1152C705A2C5F3E2F

Get out now moonbois!

>> No.19353138

>>19353057
This right here weak hands just banged themselves

>> No.19353180

>>19353057
>>19353138
is it worth buying rn on uniswap? looking to expand my stack.

>> No.19353202

Don't Buy STAC

From ABU

"If there are people who will not list STAC for STA, then they can not get it anywhere except buying.

We will never list STAC for STA"

>> No.19353209

for those wondering how the anons (dev?) are still cashing out on the inflated uniswap price....you can't use the uniswap UI, but you can still call the smart contract functions directly...of course. good luck biz

>> No.19353227

>>19350665
I appreciate the response. I’m gonna hold onto my bags for the time being.

>> No.19353232

>>19353180
Personally I’m buying more the coin isn’t broken uniswap fucked up and there fixing it. STAC is a temporary placeholder so that weak hands can sell. Hold this but I’m a newbie myself at this and everything go told you is from reading 3 different threads

>> No.19353235

>>19353180
i increased my stack to 500k by swinging some stac-sta, can't say comfy, but im not selling STA

>> No.19353246

>>19353232
holy shit, the absolute state of this board....

>> No.19353259

>>19353246
If I’m wrong tell me, again this just from what I’ve been reading if my info is wrong then explain for me thxs anon

>> No.19353281

>>19353232
>>19353235
yeah im probably just gonna keep buying STA because STAC seems fishy af

>> No.19353344

>>19353259
why would you keep buying STA? is this your first meme token? we've seen dozens just like it desu, just not for a while. check out bomb, void, shock, nuke, etc. if you like this sort of thing. they get an initial pump, but once that's over it's over.

>> No.19353373

>>19353235
How do you swing traders do it?

>> No.19353375

The volume and liquidity is higher on STAC than STA. Now what.

The cure seems worse than the symptoms.

>> No.19353382

there's nothing inherently valuable about this token. it's an experiment, which is fun, but it's time to admit it's a failed experiment and move onto the next one.

>> No.19353403

>>19353375
Exactly. There will be no liquidity for STA and all of you will be stuck bagholding. I sold at a loss out of STAC, this thing is going to zero likely. Get out while you can biz.

>> No.19353417

show of hands....how many of you have read the STA smart contract and even know what this token is supposed to do?

>> No.19353429

>>19349231
stop spreading misinformation you stinkin fuck

>> No.19353438

>>19353382
if the problem with uniswap gets resolved then im not sure how its a failed experiment. this isnt a problem on their end, rather a problem on uniswaps end

>> No.19353464

>>19353417
I gamble. .4 eth into sta hoping for a bit if a moon. Have been busy for 2 days and now I'm back and it looks like it broke uniswap and there is mass panic kek. I'll hold just for a laugh.

>> No.19353469

>>19351316
Good luck selling

>> No.19353492

>>19353438
So uni swap fixes Sta most likely moons again, what happens to the weak handed stac boys

>> No.19353504

>>19353438
what you don't seem to realize yet is that there is no one there to buy your bags. it's over already. say uniswap fixes this right now.....STA is down like 60% from this morning and nobody is going to buy it up cause the dev has show just how retarded and untrustworthy he and his project are. go buy bomb token anon. it burns a few with every transaction too. go buy nuke. go buy shock...whatever. everyone one of these deflationary currency experiments pumped on biz hype for a day, then we all cashed out and left the rest to the bagholders.

>> No.19353515

>>19353180
Depends on how much you invested already. As long as it's a small amount and not your life savings I don't see why not, it's not going lower than this and the STA STAC fight keeps the interest up.

>> No.19353527

t-minus a day or two until someone copies and redeploys STA with a new name. get in early....then get out fast.

>> No.19353530

>>19353438
How long are you planning to wait? It could be trading almost at zero by the time it could be fixed. You're better off selling and rebuying if they fix it. I don't think it's going to be fixed ever. So STAC will likely survive in some form.

>> No.19353535

>>19353504
the smart contract buys and sells itself...

>> No.19353566

>>19353535
I'm aware. I did read it. it's a novel smart contract. new and novel shit pumps the best....but then we move on.

>> No.19353568

when moon again?

>> No.19353592

>>19353530

It was confirmed on Telegram that 1:1 STA to STAC will always be there. At current rate big bags can't move without slippage loss. So safer to just hold, and if STA goes to shit, convert via ledgerdex to STAC.

>> No.19353600

>>19353566
you are putting so much energy into fudding this thread. Why?

>> No.19353623

>>19353600
Cause he actually doesn't have money invested anywhere and he's just larping, nobody with a good portfolio would waste such time.

>> No.19353625

>>19353600
he sold, and doesnt want the price to go up anymore lol

>> No.19353658
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19353658

>>19353600
>33 posts by this ID

>> No.19353671

>>19353600
Holy shit. I just noticed. He has 33 comments over here. Either he's fudding or he's actually right about deflationary tokens pumping for some days and then vanishing off the earth forever. I honestly don't know what's what coz I entered crypto just 3 months back.

>> No.19353693

>>19353600
I was riding this in the morning, cashed out, and am watching it crash now. welcome to biz

>> No.19353734

I am giving you guys good advice. you're just too emotionally invested in it to listen to reason.

>> No.19353771

>>19353734
So you genuinely think it's over for STA?

>> No.19353773

>>19353693
LMAO exactly you cashed out and want to FUD so you get yourself off to the price declining. Just wait a day or two and see what happens. Sorry you cashed out when there's blood in the streets.

>> No.19353776

I'm tired of this shit

I'm not looking at the state of this again for a week and see where it is then

>> No.19353817

>>19353773
dude, I am not interested in buying your bags. that's the dumbest shit ever. yes, wait and see in a day or two

>> No.19353851

>>19353771
anon, legit project have been mooning like crazy on uniswap, only to be dumped the very next day. this is the market. ride them up, get out faster than everyone else.
this is just an experimental smart contract...it's not even a real project.....yeah, I think it's over for STA

>> No.19353864

>>19353773
Look anon I'm not taking anyone's side here but why would he FUD to lower the price when the price is already mooning downwards (60% down from yesterday) due to the swapping to STAC news?

>> No.19354168

>>19353864
It's an indian cope.
I tried telling this retarded indian guy that NUKE was retarded and he should sell but he held it to the ground LOL.
t. holding 250k STA

>> No.19354301
File: 640 KB, 750x987, 6F7C7529-F5A0-41E2-9473-DC92474383BB.png [View same] [iqdb] [saucenao] [google]
19354301

This whole thing is so frustrating. I’m gonna hold onto my original bag of 170k and check back in a week. I went to bed and my investment went from $1100 to $300.

>> No.19354320

I am financially ruined.

>> No.19354386

so im fucked again....? story of my life. i knew it couldnt go right for once!

well, not selling 800k STA for useless stac

>> No.19354423

let's just hodl bizbros, Abu will pump out bags soon

>> No.19354516

Fucking retarded devs

>> No.19354575

So they get people to swap sta:stac so that people can sell? Who will fucking buy the stac retarded devs. They basically diluted supply by 130mil tokens lol. Good deflationary token where we can just keep adding new tokens. I've got one Stab that paki Abu stabbed us right in the back with his incompetent decision making. I should've knew given how they have 3 other failed projects.

>> No.19354701

>>19350457
THIS.....FOR GOD SAKE

>> No.19354819
File: 44 KB, 420x567, Screenshot 2020-05-26 15.50.41.png [View same] [iqdb] [saucenao] [google]
19354819

>>19354301
Why the FUCK would you buy at the incredibly inflated top? The real value was always sitting at 0.002, it was just that nobody could sell so it was going up to 0.01. You might have some serious brain damage.

>>19354575
They could've just left everyone's STA in limbo.I appreciate them at least trying to give some option for people to cash out their STA, especially since it wasn't THEIR fault in the first place, but uniswap's. Pic related is their announcement. They haven't said whether they plan on keeping it.
If you're going to invest so much fucking money at least put in the lowest modicum of effort to do research, you absolute pre-simian macaque.

>> No.19354826

Anons not that anyone gives a shit but fyi I've taken my original investment of 5 ETH out of this which leaves me with a stack of 150k. I suggest you guys at least take out your investment. And for those in the loss right now, well I hope this project resumes in few days or weeks but if it doesn't learn from this experience and don't invest in no-name unknown shitcoins from now on. There's decent projects out there like the Ocean protocol, Xio, KardiaChain, UBT, Fund, Ewt and certain others. Read about them, DYOR and choose the ones you like. Cheers.

>> No.19354868

Also, not shilling just making a point that I'm done chasing overnight pumps as a new fag and would prefer slow pumps with lesser risk now. Sharing this for fellow new fags here.

>> No.19354899

>>19354819
Listen I was a top 10 wallet holder.

They could have easily built the volume on bamboorelay to allow people to sell. orders where gaining by the hour. I sold some their ffs. How does converting sta to stac help anyone sell??????

Who will buy Stac??? what value does it hold?

>> No.19354948
File: 535 KB, 1000x946, 1583344329762.png [View same] [iqdb] [saucenao] [google]
19354948

what the fuck is scott saying in the telegram!!!

>> No.19354961

>>19354899
>>19354899
How much did you lose???

>> No.19354968

>>19354899
True, they're retarded to an extent. I sold on bamboorelay for 100% profits so I'm happy with the project, but I want to look at it from their perspective. Just seems like uniswap fucked them in the ass since they weren't prepared for such a massive leap in volume, not that they're overly incompetent or scammers.

>> No.19355010
File: 235 KB, 800x800, 1584391001649.jpg [View same] [iqdb] [saucenao] [google]
19355010

im retarded, seems like scott got things under control.>>19354948

>> No.19355046

>>19354948
I don't fucking understand.....

>> No.19355047

>>19354948
STAC to STA now, but it's price dependent so you can't buy STAC cheap and trade it 1:1 to get value in STA

>> No.19355073
File: 132 KB, 396x385, 1583513813165.png [View same] [iqdb] [saucenao] [google]
19355073

>>19355047
yep, that bugger had me worried for a minute there.

>> No.19355100

>>19354899
>see STAC message in tg
>buy 75k STAC worth 0.1 eth on uniswap
>go on ledgerdex and put sell order 1:1 for STA
>after 2 hours got filled
>now got 75k STA more
>sell 25k STA on V1 at 16% slippage for 0.16 eth
>buy 50k STAC on uniswap

who was the anon who FOMO'd and gave me almost free 75k STA?
thanks retard I'm more comfy now

>> No.19355133
File: 97 KB, 167x220, 1590246212658.png [View same] [iqdb] [saucenao] [google]
19355133

>>19354961
Im up on initial investment but i feel bad for all of the people who bought in later.

it's also wierd how people where buying on uniswap v2 but couldn't sell. i reckon the devs where the one's selling and putting the sale's into the portfolio. So they kept the price high by allowing limited selling. If they where that worried they could just stop all transactions.

Actually I still have 2 eth in the pool that you can only add too. I cant even remove it. Also anyone trying to sell on bamboo cannot because the buy orders are fake and cannot be filled.

>> No.19355172

>>19355133
You can sell on uniswap anon. I got 5 ETH out of this when this inter-galactic milky way sized cluster fuck began few hours ago. Just make sure to enter small STA amounts like 3000 or 5000 to minimize slippage losses.

>> No.19355250

Ive sold nearly all. I meant pooling on uniswap. I have 2 ish eth added but they won't even let you remove it from the pool lol

>> No.19355393

i have a bag of STAC, how do i swap to STA?

>> No.19355454

>>19355393
On Uniswap V1 anon.

>> No.19355530

Do you guys think this was all planned so that abu could own more Sta?

>> No.19355609

>>19355530
Yes 100%

>> No.19355641
File: 62 KB, 1508x930, Abu the goat fucker.png [View same] [iqdb] [saucenao] [google]
19355641

Only one winner from all this.

>> No.19355882

>>19354819
nigger, i didn't buy at the inflated top. i bought at .0022. the problem is that it fucking crashed back down to earth and then some in the matter of mere hours thanks to this slipshod half-measure of a solution

>> No.19356248

This is NOT A SCAM, I repeat, this is NOT A SCAM.
Devs are working on a solution, part of the solution was to dump some tokens.

>> No.19356282

What a freaking shitshow sta stac all shitcoins

Exit all positions

>> No.19356302

>>19356248
oh you instil so much confidence. Whats stopping them doing this again?

>> No.19356379

>>19356282
....and it's pumping.

>> No.19356488
File: 28 KB, 488x463, 1552702183198.png [View same] [iqdb] [saucenao] [google]
19356488

>>19356282
Weak hands getting shaken out once again.
The team realised how profitable this could be, and that they didn't actually own that much of it yet. Before it was too late the hype train already departed, managing to fuck up several exchanges
They created STAC for investors to sell, which caused the price to dump A LOT, and they have been buying back STA ever since
Lot of weak anons panic sold today, a coin that's only been in existence for days
I guess in trading it can be hard to see the bigger picture when price swings so much
Where is the vision though

>> No.19356577
File: 105 KB, 1000x563, 7DADE3A0-CE1F-4CB0-8B5D-77E5ECD006F9.jpg [View same] [iqdb] [saucenao] [google]
19356577

>>19356488
In hindsight I wish that I had tried to swing trade between the two currencies to fatten my stack but what’s done is done. Let’s see where this train takes us.

>> No.19356651

As someone who doesn't know anything about this, how do I make money off of this? Am I too late?

>> No.19356724

Are people able to get ETH out of STA on Uniswap? V1 or V2?

>> No.19356725

WTF WAS THAT

>> No.19356765

>>19356725
It dumped

>> No.19356767

i have a bag of STAC, wtf am i supposed to do with dat?

>> No.19356879

>>19356767
Dump it for the main token STA. Team pulled a nice stunt shaking out weak hands so they could load up on some cheap STA

>> No.19357091

>>19356767
you fell for the fud damn bro

>> No.19357157

Is this tale of two shitties still going?

>> No.19357379

Wow wtf this post is fucking YUUUGE

>> No.19357712

Shittiest tokens ever shilled on biz. Dump it and save your precious ETHs anons. Such an incompetent bullshit team. Abubakr my ass.

>> No.19357777

>>19356767
Don't dump it now lol, the STAC might get some use in the future, because exchange problems might occur again.

>> No.19358215

>>19357777
welp

>> No.19358347

STILL CANNOT SELL WHAT THE FUCK

>> No.19358439

>>19356879
STA is useless cant sell the fuckin thing

>> No.19358654

I don't know what the fuck happened to biz, but all of a sudden this place is overrun with new fags. I blame ESH for it. regardless....you have to learn to cut losses early. I can't believe people are still bullish on STA in this thread after all that's happened desu.