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

/biz/ - Business & Finance

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19369777 No.19369777 [Reply] [Original]

B-but the tech!

>> No.19369851

>>19369777
It is good actually. Just undervalued as fuck. If you get in now, you will have so called SMART MONEY :) Remember that THETA is just a subset of NKN. NKN has sooo much to show..

>> No.19369891

>>19369851
But all its done is dump for 2 years

>> No.19369914
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19369914

>>19369777

>> No.19369919

>>19369851
Also, no one cares about it. There's no hype even with their GSMA article.

>> No.19370023

>>19369891
>>19369919
As I said, undervalued = market does not fully understand the gravity/implications of this project = investors have great opportunity to take advantage of market inefficiency. The fact is that NKN is gathering more and more (big) customers to its ecosystem = higher token demand from customers' point of view = token price goes up = no hype-based token price growth needed = comfy anyway if you hold for long-term :)

>> No.19370036
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19370036

>>19369851
>>19370023

>> No.19370055
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19370055

>>19370023

>> No.19370100

>>19370036
>>19370055
Show me the part where I'm wrong. I bet you can't :) T. White European

>> No.19370145
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19370145

>>19370100
>Show me the part where I'm wrong. I bet you can't :) T. White European

>> No.19370190

>>19369919
>GSMA
On the level of the literal WHO. And we all know nobody takes them seriously.

>> No.19370226

>>19370036
>>19370055
>>19370145
He's not wrong tho

>> No.19370233

>>19370226
fuck off curry nigger, back to your discord

>> No.19370431

>>19370190
Nigger what? Its fucking GSMA

>> No.19370455

>>19370023
their clients pay in fiat though. The tokenomics is the only thing wrong with the project unless I'm missing something.

>> No.19370564

>>19369891
This literally doesn't mean anything

>> No.19370568

>>19370455
fiat payments are used to buyback tokens for distribution to mining reward pool. IIRC miners currently are holding around 50% of their newly earned tokens, and as the price increases that % will increase too

is this another thinly veiled shill post disguised as FUD?

>> No.19370614

>>19370564
It means that the market doesn't value NKN you kek
>>19370568
Why would they not just instantly dump them, keep price stagnant and use their fiat if their customers don't have to use the token? And no genuine curiosity.

>> No.19370663

>>19370233
Why so mad? I guess you bought the top lmao

>> No.19370723

>>19370190
GSMA are the largest international association for mobile carriers and internet providers. Don't believe that because you live under a rock, everyone does.

>> No.19370743

>>19370614
Why would miners want to instantly dump all their tokens and keep price stagnant? They aren't even doing that now, when token price is low and costs are relatively high

Do bitcoin miners want BTC price to be stagnant?

>> No.19370877

In 2009, an unknown investor from Russia came out of nowhere to make one of the greatest late stage venture bets in the history of Silicon Valley. Why did FB choose an outsider to lead our Series D round? Here’s the inside story:

2 years earlier we famously raised from Microsoft at $15B valuation. That turned out to be a mistake because it set us up for a painful down round. By 2009 growth had slowed and the financial crisis crushed advertising. “Smart money” bids for our Series D were coming in at $3-6B.

We had a high bid at $8B from a respected valley firm, and we had a wildcard bid from Yuri Milner/DST who offered to top any other bid by 20%. We initially chose the reputable firm at a lower price, but they refused to drop a ratchet provision so we decided to give DST a chance.

Yuri understood 2 things that nobody else could see at the time: 1/ He had seen virtual currencies in Eastern Europe and China, believed FB could make money this way. 2/ We were offering secondary shares at 40% discount to preferred, DST was the only firm who valued this.

Yuri not only offered to clear the highest bid by 20%, he also offered to let Zuck vote all of his shares.

DST invested $200M in primary at $10B. Then Yuri aggressively went down the cap table and scooped up all of the secondary he could find, ultimately investing another ~$400M at $6B. So his blended cost average was well below the second highest bidder.

Within 6 months, many of the firms who had lost the deal were buying secondary shares on the open market at $15-20B. The price gap between primary and secondary for the best companies in Silicon Valley permanently collapsed after this deal.

Despite our consternation about taking money from an unknown outsider, Yuri and his DST team added a lot of value over the following 10 years. They encouraged us to pursue FB Credits (20% of FB’s revenue before mobile killed that model) and pushed us to go deeper into commerce.

>be like Yuri

>> No.19370944

>>19370877
Is this just hopium?

>> No.19371257

Lol where's the bottom for this shit 50 sat? Keeeeek

>> No.19371357

>>19370743
Miners currently mine around $1k worth of NKN a day. It literally doesn't matter even if they dump 100% of tokens mined, it'll never make a difference. $2M volume daily and people worried about $1k worth of sales.

>> No.19371413

>>19371357
Ok ranjesh its dumping again, back into hiding

>> No.19371492

>>19371357
Team unlock today btw. Have fun getting chinked

>> No.19371536

>>19371413
>>19371492
state of your reading comprehension

>> No.19371576

>>19371536
How much money are you losing today fren

>> No.19371668

>>19371576
In overall I'm doing +35%. Holding this at least for EoY 2021. Every local dip is a new opportunity for me to accumulate more. Prepare to cope harder fren.

>> No.19371713

>>19371668
>bagholder 101

>> No.19371754

>>19371668
The state of NKNers. They love the punishment

>> No.19371813

Lol NKN bagholders will literally never learn. This shitcoin will never pump

>> No.19371896

>>19371713
>>19371754
>>19371813
>doing +35% profit
>n-no he's b-bagholder who likes to lose money
What's your IQ or is this some extreme form of coping?

>> No.19371943

>>19371813
I literally do not understand it. Just buy ONE, LINK anything and see your USD actually GO UP. Why always watch it go down the drain to chinks?
>>19371896
Bro its still dumping your 35% can't even still be 35% from the last time you posted.

>> No.19371946

>>19371813
That's what they said about Ant / NEO too first...

>> No.19371971

>>19371946
this has nothing in common with neo. deluded bagholders take your meds.

>> No.19371983

>>19371946
No they didn't. ANS took about 6 months to explode. Its been 2 years bro, let it go.

>> No.19372037

>we'll be N-neo any second now
Ha ha HAHAHHAHA

>> No.19372682

>>19371971
The founder of OnChain is the founder of NKN it has everything to do with NEO actually