[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 234 KB, 1694x1694, logo.png [View same] [iqdb] [saucenao] [google]
19704862 No.19704862 [Reply] [Original]

It took me almost two weeks to fully understand the sheer scale of what this token and its simple function are about to achieve in the cryptomarket. I only threw about $200 worth of ETH in it 10 days ago, and I am now considering to add $750 in it which is half of my salary this month. In the past few days we've seen a little bit of what Statera was able to accomplish with only ~$350k available in the pool, still growing as I type this post.

Adding liquidity to the pool not only helps strengthening the project, but literally protects your money even in the case of a dump - and I'm not talking about Statera alone here. If Statera goes down while the others stay static, you win. Even if all of the tokens in the pool were to go down, the value of what you've put in the pool would REMAIN THE SAME thanks to the balancer. By now, YOU LITERALLY CANNOT LOSE MONEY IF YOU DECIDE TO PUT YOUR MONEY IN THE POOL. Your gains in STA will be smaller if the tokens moons, BUT YOU ARE STILL MAKING CERTAIN, ALBEIT SMALL, POSITIVE GAINS NO MATTER WHAT HAPPENS ON THE MARKET. (Unless if everything crashes but you'd have bigger things to worry about than crypto at this point.)

Now let's talk about the "optimistic" scenario in which a new crypto bullrun happens after BTC breaches the $10.5k resistance for example, going beyond and above. The balancer/Thanos would have to mainly buy STA in order to keep that share of 20% among all of the five tokens in the pool, raising the price by doing so. Combine that with the percentage of total supply that gets burned every single time a transaction occurs and how many people will join once this hit a CEX, I am not exaggerating when I say that $100 per token by the end of Q2-Q3 2021 is actually a possibility.

Statera is basically the answer to the "crypto is too volatile" problem, but also keeps the massive crypto gains factor. Nobody can lose as the whole program cannot be tampered with now and is only getting stronger.

Don't miss that chance.

>> No.19705055

Either you sir, are a mad man or a genious. I hope for the latter, but I'm afraid to invest more in this also.

>> No.19705162

>>19704862
Goddamn. I should have been paying more attention to this.

>> No.19705268

>>19704862
>YOU LITERALLY CANNOT LOSE MONEY IF YOU DECIDE TO PUT YOUR MONEY IN THE POOL

Anon, only true if they had a fiat pegg'd token in there. Let's say you have an equal share of 20% each of 5 tokens. if the overall $usd value goes down of those 5 tokens your USD value goes down, plus all txn fees trying to balance on the way down in USD value. Read a little more OP, I think you close to understanding it.

>> No.19705345

I’ve been quietly watching this. I got in early, as in, right away. Even at 4c I turned $1100 into 5k. I haven’t sold. I’m not even going to remove my intial investment, I did the maths. People can say what they want, I think the devs had a really great idea and executed it without realising just how good an idea it is. It’s gotten much bigger much quicker than they thought it would and where I initially thought I’d be lucky to hit $1 on this, I’m not even considering selling at $1 now. This is a long term hold and I really do think this could go $100 plus.

>> No.19705378

The 4 hour macd is on the verge of flipping. I'm not one to push a fomo narrative but if you haven't bought a bag by now you might now be seeing these low prices for too much longer.
$1 is fud

>> No.19705401

>all these 100$ posts

Stop it anons, I don't want to get my hopes up. That'd be 7.7 millions for me, 5m after taxes. Fuck you money and some more

I'd love to believe but I can't be this lucky

>> No.19705418

>>19705268
I think what OP is saying is if you are investing in crypto this is a easiest place to put your bet. Of course if Tether implodes and all of crypto dies so will STA.

>> No.19705436

>>19705378
I agree.

$1 will be nothing, you only have to look at the pool to see that.

>> No.19705439

It’s bomb with a balancer pool which they didn’t even invent

>> No.19705452

>>19705378
How soon do you reckon till flip?

>> No.19705455

Pretty much. If you've paid attention to any of the top wallets over the last week you'll notice the number of millionaires have gone way past the top 10 now, the growth of the top 15-50 holders are the most noticeable. Whales love crabbing season because they can set the prices at almost no risk, but it fucks the rest of us who can't get a significant return without the risk of swinging 50% our stack just to get it eaten up by a whale immediately. Hoping the audit + centralized exchange will bring in enough new money that it's too risky for them to keep swinging. There is no selloff though, which is a good sign. Just accumulating... on wallets that have already taken their initial out and often 30+ ETH profit. They are not in any rush to sell any time soon.

>> No.19705459

>>19705439
Thanks for the input, Steve

>> No.19705468

>>19705439
That may be so, but at this stage it actually doesn’t matter they didn’t invent it.

The idea of combining the two is really clever, and it’s grown way beyond what I ever expected when I threw my few ETH in an hoped for the best. This is the S&P 500 for crypto. It’s the first one of its kind and the pool is getting larger every day.

>> No.19705475

Its not on cmc yet? Where do I buy?

>> No.19705496

>>19705439
So? They put them together in a novel way. DeFi has earned the nickname "money legos" for a reason, you don't need to create entirely new tools to build new financial products.

>> No.19705499

>>19704862
I guess when you are a poor unemployed nigger you have heaps of time to spam biz with an endless number of shitcoin shill threads. Give it a rest, cunt. I am sick of this fucking bullshit

>> No.19705541

>>19705475
Uniswap. Enter this contract for the output
0xa7DE087329BFcda5639247F96140f9DAbe3DeED1

New exchanges are in the works

>> No.19705542

>>19705499
Listen man, we’re past all this. You don’t want to buy in - cool. That’s honestly no problem. But this is clearly a legitimate project, the first of its kind. Either get in of GTFO this thread.

>> No.19705582

>>19704862
Also check new cryptomoonshots thread nigger whales how been suppressing price so they can accumulate. Faggots wont be doing it for much longer i reckon

>> No.19705583
File: 79 KB, 629x568, get ready dumpers.png [View same] [iqdb] [saucenao] [google]
19705583

>>19705499
Keep coping faggot. We will be unstoppable

>> No.19705629

>>19705582
yeah just saw that thread and now i see this, i’m glad that we are understanding what the top wallets are doing, they are clearly accumulating so it’s good to know they are betting on this going up

>> No.19705688

>>19705582
They will keep trying this as long as it's profitable sadly. The margins are getting tighter and tighter every day for the 4-6c crab but eventually they are going to be paying more on uniswap + gas fees so while they'll give it up and let it go to 7-8c naturally there will be more shakeouts like this until audit / new exchanges = volume they can't control without risk. Expect one more major dip as 10c entry wallets take their initial out and some profit before 20c but once it hits exchanges it is going to be completely out of control of anyone as nobody has enough sta to influence the price more than 4% themselves.

>> No.19705712

>>19705688
>it is going to be completely out of control of anyone as nobody has enough sta to influence the price more than 4% themselves.

FUCKING THIS.

>> No.19705719

STA IS NEXT LINK IF YOU CANT SEE IT YOU ARE BLIND

>> No.19705727

>>19705719
And it’s fucking 4cents. Buy 1000 for 40 bucks and you’ll see good returns.

>> No.19706179

>>19705719
THIS

>> No.19706209

>>19705712
I crashed the price like 10% by selling a few days ago lol. Most big holders can't even cash out without like 50% slippage.

>> No.19706382

>>19706209
No you didn't

>> No.19706495

>>19706209
Yeah... I had about 130k and I sold within the span of a few hours because it was obvious it was about to dump. The slippage was over 10%, and so the price dumped by over 10%. No liquidity. All the "super bullish" whales are just shilling to try to get more liquidity to dump their bags before it crashes even lower. They're not selling because they can't sell, not without losing vast amounts to slippage.

>> No.19706517

>>19705268
the pool allows you to bet on crypto as a whole concept rather than holding faith in a single memecoin. obviously if crypto goes down you lose but if you’re afraid of the entire market crashing then why would you be here trading at all?

>> No.19706518

>>19706495
correct, whales can't sell so their best plan is.. to buy more. check top wallets you dumbnut. most of them have done nothing but accumulate

>> No.19706579

>>19706495
>My $6k sell moved the price by 10% on a 6 mil marketcap coin
Sure it did

>> No.19706606

>>19706518
Lol whale here. This shit was posted day 3 after Fredick fud crash to .005. So you are telling me I keep buying because I cant get out? I could market sell on uniswap with 50% slippage and take home alot for my 1eth buy. Logic.

>> No.19706668
File: 31 KB, 574x600, noliquidity.png [View same] [iqdb] [saucenao] [google]
19706668

>>19706579
You have no understanding of how liquidity works, yet the shilling point of this coin is the liquidity pool. Rofl, no wonder you're still bagholding despite the obvious pnd chart.

>> No.19706687

>>19704862
>Nobody can lose
This is how you know something is a scam

>> No.19706690

>>19706606
True. It's been jeet selling their 2eth that has kept the market flat. Next move up is immient6for the high IQ investor. This shit is the most obvious gem I e seen in years and half the original buyers had no idea and accidentally bought what they though was a pump and dump. Hilarious. Darwinism at work.

>> No.19706691
File: 104 KB, 1200x880, 0hfg960i61f11.jpg [View same] [iqdb] [saucenao] [google]
19706691

>>19706209
>>19706495

>> No.19706705

>>19706691
>a meme index fund uniswap coin is the same as bitcoin

>> No.19706713

>>19706668
Phew lad. Calm down you are making me bullish.

>> No.19706732

>>19706705
Yeah....so it's called a 'principle' not actually saying its exactly like Bitcoin. You mouth breather.

>> No.19706774

Oh my god I'm so bullish! We just need a whole bunch of new investors and the price will go up! Even though the balancer is designed to sell it when the price goes up... we can't dump! And even though the price dumps despite the balancer being supposed to buy the dip, we can't dump! This coin can only go up! Even if it's obviously dumping, it can only go up! OMG IM SO BULLISH GUYS!! WE JUST NEED A HUGE INFLUX OF NEW INVESTORS AND THE PRICE WILL GO UP!! WHAT A REVOLUTIONARY AND BULLISH CONCEPT!!!

>> No.19706786

>>19706691
You must always have been and always will be a tadpole. You have to realize I don't need to sell <10% slippage. When you are a whale, you take the market with you. I just truly believe Statera is one of best risk/reward investments right now. So I will help it grow, and reinvest in the balancer to help all the small ones grow too.

>> No.19706821

>>19706774
High quality fud.

>> No.19706824

>>19706786
Top 100 wallets here. Never selling

>> No.19706834

>>19706606
Exactly.
>whales can't sell REEEEEEEEEEEEEE
Early buyers invested 1 to 2 ETH for 1M+ STA lol, you think we care about slippage? I'm 50x at 1c.

>> No.19706842

>>19706821
It's quite poor actually. Fake cringe bull is extremely cliche and easy to spot. It is unironically a buy signal to the seasoned cryptocurrency investor.

>> No.19706861

>>19706834
The vast majority of people who threw in an eth or two for shit loads of STA in the beginning have long since sold for measly 2-10X. I started buying at 3 cents and I'm already top 100. You are nothing to me

>> No.19706881

>>19706861
I'm in top 50 and haven't sold. bought more during the dips actually :^)

>> No.19706938

>>19706668
Funny how you choose to screenshot v1 uniswap instead of v2 which is where the liquidity is

>> No.19706947

So once we're going up what's the best way to pool? I have read about high gas fees with the ETH method. Is buying the BPT token guaranteed to give a fair share? And will the pool increase by how much I buy BPT for?

>> No.19707008

>>19706947
General consensus is that it is best to pool after a pump. The gas fee thing was an issue that only happened once in a while, and it was fixed. I bought BPT using uniswap and I didn't have any slippage, but I didn't run the numbers. Yes, the pool will increase if you buy BPT on Uniswap

>> No.19707023

>>19706881
Based. Sowwy

>> No.19707126

https://cryptobriefing.com/deflationary-coins-bomb-explode-fizzle/
Deflationary tokens are for NOOBS
pure social experiments

>> No.19707153

>>19707126
Previous deflationary tokens have failed because there's little incentive to do anything but hold which causes the deflation to grind to a halt. Statera will continue to deflate because the liquidity pool is constantly buying/selling to keep balance between its assets.

>> No.19707154

How stats to quit my job

>> No.19707240

>>19707154
50k would give you a damn good start

>> No.19707571
File: 142 KB, 998x1200, 1587334092210.jpg [View same] [iqdb] [saucenao] [google]
19707571

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 $355k liquidity while there's still time left.

>> No.19707578

This is a scam coin. It's a literal clone of the BURN token project which ended up exit scamming. Look at the smart contracts:

Statera:
https://etherscan.io/address/0xa7DE087329BFcda5639247F96140f9DAbe3DeED1#code

Burn:
https://etherscan.io/address/0x4f7c5bd3f7d62a9c984e265d73a86f5515f3e92b#code

>> No.19707803

>>19706690

Hope you are right. I bought at 10c and have been hurting since. Didn't sell any.

>> No.19707843

>>19707803
>Didn't sell any
You will be happy you didn't sell when we break ATH

>> No.19707891

>>19707843

I get the fundamentals behind it, but it's got to reach the wider market.

>> No.19707895

People hop around coins

Sta has its time in the sun

Once it hits other exchanges no one is gonna give a fuck