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/biz/ - Business & Finance

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20492830 No.20492830 [Reply] [Original]

Surprised I don't see more threads about AAVE here.
This shit has non stop pumped for the last month

What? You guys dont own any?

>> No.20492967

>>20492830
Oh look another ATH minutes after me posting this thread.

Whats the fucking deal?

>> No.20493288

It it a 100x the past year there's not much room left to grow

>> No.20493564

>>20492830
1000% up already dimwit

>> No.20493974

>>20492830
fucking hell I sold at 20cents haha

anyways there should be a huge correction soon, but everytime I think it will happen it pumps another 20% so I don't fucking know anymore

>> No.20494084

>>20492830
bought $2500 or so at $0.09. Wish I would have picked up more.

Thankfully I picked up like $10k of SNX under $2, so I can still feel like a moonboi.

t. 125k LINK

>> No.20494089
File: 2.92 MB, 2048x1517, 1594102755615.png [View same] [iqdb] [saucenao] [google]
20494089

>>20493288
waiting dip since 0.05 and x20because "there's not much room left to grow" kill me this is acting exacly like new paradigm FUCKKKK

>> No.20494732

>>20494089
Fuck your shill team, Stani and his brother are known scammers in Finland.

>> No.20494891

I sense that BZX will be chipping away at their market come august.

>> No.20495076

This platform is so used it made lend overbought. To me its a clear signal.

>> No.20495107

>>20495076
Underbought
t. retard

>> No.20495131
File: 87 KB, 235x297, 1540670549861.png [View same] [iqdb] [saucenao] [google]
20495131

>>20494732
Dude I tryed everything fuding it for 30 days straight nothing works Im done lol
Still not buyin wich means it will go over 1 bil cap screecap this...

>> No.20495183
File: 3 KB, 250x113, aaaaa.jpg [View same] [iqdb] [saucenao] [google]
20495183

Who else sold for 5-10x just to be left in dust while this shit pulls another and another 5-10x

Fml

>> No.20495202
File: 55 KB, 444x580, 1594585857610.jpg [View same] [iqdb] [saucenao] [google]
20495202

>30 sats 1 year ago

>> No.20495422

keep selling and not buying bizbros i need it at 1b+ to make it

>> No.20495569
File: 39 KB, 1191x605, aavechart.png [View same] [iqdb] [saucenao] [google]
20495569

Oh look another ATH
Seriously, what the fuck is this chart

>> No.20495602
File: 161 KB, 1275x933, aavecmc.png [View same] [iqdb] [saucenao] [google]
20495602

>>20495569
Is this a joke?

>> No.20495624

>>20492830
Anyone on here know how to calculate Link liquidation price on Aave? I need help.

>> No.20495653

>>20495569
here you can see what will be a small bump to the left of the actual bubble pump that is 50x bigger

>> No.20495852

Guys how am I supposed to pay back my LEND now that it's done a 3x?

>> No.20496005

it just keeps going up

I'm getting weak hands but I want to see what happens a dollar would be a no effort house deposit for me

>> No.20496232

i was the anon shilling this on here at 150m marketcap. you might remember me. i kept saying i used lend to buy more lend to buy more lend to buy more lend, etc. can lend go higher? yes it will. it will have a multi billion dollar marketcap. i dont hold any lend anymore. i sold for bzrx. lend copied brzx lending and tokenomics. lend is 500m marketcap. bzrx is 50m marketcap but also has margin trading. also, aave will take a while to implement the tokenomics. bzrx will go up in price much faster.

>> No.20496259

>>20495653
Are you fucking serious

>> No.20496319

anyone thought about what happens when AAVE goes down?

how fucked will the platform be etc
cos the steam is already running out on compound

>> No.20496454

>>20496319
Yea, i've tried to. Same for people getting liquidated using BAT as collateral...

Are the prices of LEND, and the failing of loans and their collateral tokens in any way linked?
Could you manipulate these borrowing / staking platforms to trigger a huge pump on something people are staking / using as collateral?

Explain it to me like i'm 5.

>> No.20496573

>>20496454
i dont know bro thats why im asking

i just know that MAKER got absolutely justed in march when the whole market crashed, but at least it survived

>> No.20496583

>>20492830
no i don't
i was in dmg, ampl and akro that have outpaced lend so far in the last 30 days
tks anyway for your concern fren

>> No.20496735

>>20496583
>i was in dmg, ampl and akro that have outpaced lend so far in the last 30 days
Nothing has outpaced lend in the last 30 days. Especially not any of those 3.

>> No.20497219

>>20492830
All the anons who bought when it was shipped around 2 cents are too busy fucking prime pussy and smoking vintage cigars to post on biz

>> No.20497477

>>20496735
is this a joke you fat cunt?
lend was 14 cents 30 days ago, it's at 37 cents today, that means 2.62x

I bought dmg at the private sale at 27 cents and more in the public at 38 cents or some crap. Lets even take the second price and todays dmg price after the dump, 1.20. That's 3.15. Luckily i bought most at the private and sold at 1.5, but who cares.
3.15>2.62

akro, same shit, 0.0026 30 days ago, today 0.012, that means 4.61x
again, 4.61>3.62

ampl marketcap 30 days ago was 6 million, today 230 million, i don't even need do to the math

SO YOU FUCKING PIECE OF SHIT OF A CUNT, NEXT TIME BRING FACTS TO THE DISCUSSION

>> No.20497509

>>20497477
Thanks for taking care of that cunt.

>> No.20497656

>>20495131
Never trust russian telemarketers that have criminal records.

Sure you can make minor gains cheating coomers, still pathetic compared to Elisabeth Holmes and Bernard Madoff.

Real /biz/ is way higher morally speaking, so GTFO with dogfood.com tier scam.

>> No.20497723

>>20493974
Same, if I just kept a few hundred bucks in I would've made thousands

>> No.20497889

>>20497477
Lend was less than 4 cents a months ago you trenchbrain retard

>> No.20497964
File: 73 KB, 1309x634, aave2.jpg [View same] [iqdb] [saucenao] [google]
20497964

>>20497889
ANOTHER ABSOLUTE FUCKING RETARD

READ THE FUCKING PRICE OF THE PIC AT JUNE 19
READ IT YOU FAT LAZY BASTARD

DOES IT LOOK LIKE 4 CENTS?

i dont think so

>> No.20498076

>>20494732
source? please

>> No.20498468

>>20496583
>this guy invested in 3 straight winners
>my last 8 have been losers
When will this purgatory end?

>> No.20498587

>>20495624
Yeah sure, suppose you have a 10k link stack. And you want to borrow 1k usdc
That would be 10000*x*0.7=1000
X being your liquidation price.
So 10x*0.7=1
7x=1
X=$.14
So LINK would have to hit 14c for you to get liquidated

>> No.20498651
File: 361 KB, 1080x2280, Screenshot_20200719-123454_Binance.jpg [View same] [iqdb] [saucenao] [google]
20498651

Holy fuck this coin has shattered my expectations. If a coins good the skys the limit thought of buying at 400 sats but it had already pumped like crazy....

>> No.20498929

The token incentive paper will be out this week. Some people might sell the news but their platform is titanic. For me, this is a win-more hold and yes I’m still accumulating.

>> No.20498956

Systemic Risks
Systemic risks in decentralized financial platforms normally come down to liquidity and credit risks. If a large portion of borrowers fail to pay back their CDPs (Collateralized Debt Positions) in full, the lenders would not be able to exit.

Another inherent concern, particularly for crypto-collateralized DeFi systems, is that crypto markets are extremely volatile. If the underlying assets locked in CDPs drop hard and fast enough, it could result in mass liquidations, which could lead to a death spiral and/or system collapse.

For now, DeFi systems rely mostly on over-collateralization of assets to mitigate this. By locking up more assets than the amount borrowed, a downward pressure on the asset could be cushioned.

Another precaution is to have a ‘reserve fund’ in case of a “Black Swan Event”. Other financial platforms have their own added unique contingencies as well. However, it would be irresponsible to say that the risk of a permanent shutdown has been eliminated.

>> No.20499013

Fucking DataDash was so certain a huge correction was coming a couple weeks ago and recommended taking profits so I sold half my stack only for the shit to keep mooning. Luckily I bought back in last week but fuck taking selling advice from crypto Youtubers, I feel like a retard and learned my lesson. They’re good at finding some good plays early on but their advice on when to sell is usually always horrible

>> No.20499051

So where's the top for Lend? $1?

>> No.20499075

AAVE is based. Framework and Three Arrows are based. How can you not see the projects that will clearly be standards at this point?

>t.99.5% LINK 0.5% AAVE

>> No.20499100

>>20492830
this shit is getting pumped. it did collapse a few days again but then recovered quickly

>> No.20499182

>>20499051
Consistent uptrend couple cents at a time until the market figures out its true value and is rapidly forced to go higher. $1 is far too conservative long term.

>> No.20499222

Why is the token necessary?

>> No.20499279

>>20499222
Check aave news from the past week. Tokenomics is why we’re in price discovery.

>> No.20499377

>>20496319
>>20496454
>>20496573
AAVE stayed up during the crash in part because of link

>> No.20499603

>>20499377
So if the tokens that are being used as collateral tank, it could knock onto the price stability of AAVE?

All i want to know is if the price of AAVE is pure utility, or bound to the price of collateral tokens the users pick.