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

/biz/ - Business & Finance


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19676630 No.19676630 [Reply] [Original]

What will I do with you guys? Haven't you learned your lesson by now? Look at the cold hard reality for one second here. How many times will you need to be betrayed and lied to before you realize that this token isn't going anywhere? This time around, I'm not baiting or fudding. This is legitimate concern I'm willing to show for fellow /biz/nessmen. I admit that I was myself deeply invested in STA, because the idea, even if poorly implemented could really have shaken cryptocurrency and more specifically the psychological perception people have of it and DeFi in general. STA being an index fund inside this godforsaken and highly volatile market is undoubtedly a strong selling point for seasoned investors.

Selling point that you failed to convey. Why? Because first of all, the dev team is lacking the proper communication skills and network to truly advertise the value behind the project. Otherwise, the generous anon who found out about it wouldn't have had to go so low as to advertise it as a money printing machine. Second, because it doesn't have its place. I'm not saying that there is no use case. It's that the people in crypto aren't looking for guaranteed small gains over time. You are basically trying to convince gamblers to leave their greed behind and contribute to a pool in order to help make the project grow. How many do you think are still holding their tokens and haven't even put 0.0001 STA or ETH in order to maximize their potential gains? Poor Johnathan.
Third, as with all assets in crypto, it does look like a ponzi scheme. On top of that, despite its risk aware investor friendly appearance, you are betting on the success of not one but FIVE cryptocurrencies to pump the value up. And as of right now, the market is not in a good state. But BTC, ETH and Link are, pathetically slowly still, recovering. The same cannot be said for Statera.

For all of you early whales who are still in profit. Make use of the $340k liquidity while there's still time left.

>> No.19676737

He sold?

>> No.19676836

>>19676630
The proof of exit scam is evident by the lack of pajeets attacking this post. They are too busy shilling their next p&d to rob some kid of his lawn mowing money.
bigly sad