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/biz/ - Business & Finance

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File: 151 KB, 500x583, statera.png [View same] [iqdb] [saucenao] [google]
19833708 No.19833708[DELETED]  [Reply] [Original]

Will this moon y or n?

>> No.19833722

If BTC reaches a bull market, yes. $1 will be FUD

>> No.19833732
File: 27 KB, 749x412, cad8ed9b6e7973fbe81e727f291a7cca.jpg [View same] [iqdb] [saucenao] [google]
19833732

Trevon will inevitably expose himself as being behind this project, upon which Reddit will do everything to kill the project among normies forever.

>> No.19833796
File: 123 KB, 500x375, 1592698732439.png [View same] [iqdb] [saucenao] [google]
19833796

>>19833732
Cringe.
https://medium.com/@stateraproject/statera-audit-8d4cb94e9b32

Developers cannot touch this.

>> No.19833815

>>19833708
Its a big fat turd

>> No.19833819

>>19833708
Yep

>> No.19833851

>>19833815
lol wat
this is gonna moon, already has a strong following, and new wallets everyday plus exchanges coming soon

>> No.19833863

>>19833796
Doesn't prove shit you faggot weeb.

>> No.19833870

>>19833863
It does.

>> No.19833912

>>19833851
Yeah but I want to buy more before then why would I tell someone else to buy it

>> No.19833933

>>19833708
First crypto index ever. I’ll leave with that. Make your own decision.

>> No.19834454

Definitely not. Useless token

>> No.19835292

>>19833933
How exactly is it indexed? I want to be bullish on this but this question has never been adequately answered for me. The balancer pool is 20% split amongst 5 coins, including Sta, yet for it to be properly indexed would require that the proportions match the market share of each coin, which would all but eliminate Sta from the pool. So why is it in the pool? I want to believe that this is a useful financial instrument, only it's not been presented as such to my liking. The website language leans heavily on the "trustless" aspect of the coin. All cryptocurrency is trustless, that's the point of cryptocurrency. So what's special about Statera as a financial instrument? I need more than the Thanos memes.

>> No.19835362

>>19835292
sta is deflationary and constantly puts an upwards pressure on the entire index fund. which is desirable even if you buy in later on or add assets to it, which requires sta in itself as entry ticket. there's no reason to choose anything else because it is deflationary, which is desirable. hence why people should desire choosing this fund, always. even the index fund itself holding sta can profit off it.

>> No.19835386

>>19835292
And continue this, what does the Statera network offer to the crypto community in terms of technology? It's merely the coin and has no appeal for industry applications / solutions that I think are increasingly required of a crypto product in order to ensure widespread adoption?

>> No.19835394

>>19835292
just because it hasnt been answered to your autistic standards doesnt mean it hasnt been answered.

>> No.19835684

>>19835394
lol great thanks

>> No.19835770

>>19835292
I share your concern, but it’s not an index fund in the traditional sense of the term. The balancer keeping the sta share at 20% is a gimmick to apply upwards pressure to the token price as the other appreciate and supply is burned. It’s a solid, low growth investment option for a crypto portfolio but anyone thinking this is going to pump harder than the other four assets is deluded af.

>> No.19835822

Is STA a zero-sum game?

>> No.19835842

If link coins and eth moons, this coin will moon by default

So who fucking knows. If eth and link crash sta will crash harder

>> No.19835854
File: 53 KB, 720x411, 5d9fa83f7dfbe.image.jpg [View same] [iqdb] [saucenao] [google]
19835854

>>19835292

Imagine falling for statera when you could buy LEND with 1000x more potential.

Think Statera's pool is all fucking that? Well checkout AAVE's. Has like 10+ tokens, plus it's pretty much a fucking DeFi bank. This is what a true Index token should look like. aave & comp.

>>19833933
> AAVE
> COMP

Way more tokens than Statera's. Fuck off retards. Statera's not the first. Maybe the first scam of it's kind LOL

>> No.19835871

>>19835770
But then why did it pump harder than the other assets a few weeks ago?

>> No.19835885
File: 297 KB, 2560x1440, Screenshot_20200621-130544.png [View same] [iqdb] [saucenao] [google]
19835885

STA doesn't seem to be a PnD, but doesn't seem like it will do anything anytime soon...

I already lost 2+ ETH on this, why should I invest in it again?

>> No.19835888

>>19835871
Because there was retarded fomo. And what happened? The balancer sold down sta aggressively to get it back to 20% of the fund.

>> No.19835980

>>19835885

Just look at that chart. "Balanced" as they say. Price discovery over, STA forever 6-8 cents due to low liquidity.

Maybe the day it gets on a CEX we'll see a fomo pump like the last one, but until then, it isn't going anywhere

>> No.19836072

>>19835980
>>19835888
Pumps will be short lived. Thanos will sell down sta hard.

>> No.19836175

>>19836072
Are you telling me I bought a stablecoin? Wtf /biz/

>> No.19836262

>>19836175
do you guys not know what an "index" is?

>> No.19836313

>>19835885
It's been slowly climbing I bought for .01 a couple weeks ago

>> No.19836321

>>19836262
I unironically dont

>> No.19836383

>>19836321
anon, I...

>> No.19836401

>>19836321
based retard