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/biz/ - Business & Finance

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20044519 No.20044519 [Reply] [Original]

and will you buy before or after 2$?

>> No.20044548

How is defi looking in case of financial meltdown in the future? Alot of people are unemployed and overleveredged already right? What if they miss more payments on their home, car and student loans?

>> No.20044553
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20044553

>>20044548
>How is defi looking in case of financial meltdown in the future? Alot of people are unemployed and overleveredged already right? What if they miss more payments on their home, car and student loans?

they confirmed plane loans yesterday

next

>> No.20044667

>>20044519
I dont get why are they buying old shitbuckets with the money?

>> No.20044709

>>20044667
That’s not how it works. The loans are for businesses and they repay the loans rather quickly, plus even with a few defaults, the loans are overcollaterized, so there’s very little risk to the overall DMM model.

>> No.20044772

>>20044709
What business is buying old cars with loans? How is that profitable? Why they have to purchase old cars with tokens?
So you buy the tokens and can buy old cars?
I dont understand it

>> No.20044778

>>20044667
>>20044772

Are you Indian by any chance?

>> No.20044792

>>20044778
no but it makes no sense to give money and switch into tokens so someone else can buy old car

>> No.20044821

Listen the only people fudding this right now are salty panic sellers and third worlders. No joke. They come to biz shilling scam after scam after scam. Because all they ever do is scam when they see stuff like DMG posted up they think "oh no sirs I know what games you are playing" and think that it's a rival group of scammers trying to scam them. This fucking warped mentality outright disgusting behaviour of always looking to scam people other people here has lead to everybody here thinking everyone and everything is a scam.. DMG has already been heavily scrutinised here and it passed the FUD test. I'm based in Europe and spend a fuck load of my time on this board. I've noticed that the majority of the DMG fud posted here is during times of the day when burgers are asleep. Not only that all the eastern third world countries are awake and highly active on the internet at this time.

Coincidentally another thing I have noticed is that the majority of third world scammy shitcoins get shilled here the most at this hour.

Theres 3 types of fudder.

1:
Bought in at $0.40 and sold for a x2 at $0.80
Now they are watching their unrealised gains run away without them and fud out of spite and jealousy

2: Somebody who thought about buying but didn't and is now trying to buy in at a lower price.

3: The third world scammer fudder. These people are the worst in my opinion. They will try and convince you that a legitimate project that has already passed the FUD test is still a scam and will try and get you not to invest. They will offer you the bait and switch saying "buy PHNX instead"

>> No.20044822

>>20044792

The car is collateral against a cash loan, just like going to a pawnbroker. Neither the lender nor the borrower uses tokens.

>> No.20044847
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20044847

>>20044667

>> No.20044864

>>20044548
Just take their car then? You ever heard of a repossession?

>> No.20044873

Hey, what about this, please?
>>20044787

>> No.20044941

>>20044873
You are number 2

2: Somebody who thought about buying but didn't and is now trying to buy in at a lower price.

>> No.20044979
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20044979

>>20044821
4) people like me who wanted to buy more and created 3-5 FUD threads per day using different devices and networks

>> No.20045024

DMM is a scam, it is all outlined here. This is an astroturfing scam campaign. DO NOT BE FOOLED.

>>20044519
>>20044414
>>20044482
>>20044935
>>20044996

>> No.20045036

>>20044941
no, I genuinely want to know.
Holding a nice bag already

>> No.20045049

>>20044519
holding just 1000 as i threw my change money in, feels comfy either way

>> No.20045170

>>20044519
Why didn't anyone tell me it would keep pumping

>> No.20045221
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20045221

There are a shit load of salty twats on here because they were "clever" and sold at 2x and 3x the opening price and now are that desperate not to pay the 40cents a coin extra because it would validate the fact that they were dumb noobs for selling so early.

These people will buy back in at $3+ after it retraces from $5 and think they have done a good job getting a bargain.

>> No.20045244
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20045244

>>20045221
>sold at 2x

This is one of the funnest

>> No.20045258
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20045258

>>20045244
My response will forever stand the test of time

>> No.20045309
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20045309

>>20045244
Comfy af pahahhahaaa
Let's hope anon had the good sense to buy back in!

>> No.20045328

>>20045309
I'm guessing he's priced out now.
Look at the time of the post. He literally posted that up on Sunday night when DMG was $0.70

>> No.20045337

>>20045258
Is like you can see the future pahahhaa

>> No.20045358

>>20044519
Brose I sold half at $1.05...

>> No.20045377
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20045377

>>20045244
This one too.

>> No.20045404

>>20045377
I see that one earlier!