/biz/ - Business & Finance

[Anonymous No.21198251]

I lost a lot of money earlier, saw the Link moon mission and then fomoed on this shit. I'm starting to see how it's exclusively shilled by people who barely know English, and that there's no information available at all on the team behind it. It's a literal fucking scam coin and I fell for it. I'm terrified that the coordinated dump could begin at any moment, but I'm also making too big gains to let it go. I'm retarded, aren't I?

[Anonymous No.21198282]

>>21198251
>I'm retarded, aren't I?
Probably. Sell your initial cost and sleep easy knowing you just bought a nigerian scam

[Anonymous No.21198350]

>>21198251
What does sta have to do with it

[Anonymous No.21198354]

>>21198282

>nigerian

Bad fud, we all know its south african

[Anonymous No.21198385]

Nice try, not selling. See you at $1 EOY

[Anonymous No.21198436]

>>21198251
I bought some more today, ngl.

Everything seems inflationary, even BNT is, having one asset deflating brings some stillness to the mind.

[Anonymous No.21198469]

>>21198354
what the fuck ever dude I don't care about your shitty deflationary token

[Anonymous No.21198531]

With the Defi boom, and clearly Balancer is one of the leaders, and Statera is already set up with Balancer, and it provides a unique use-case within defi index's, and that the refund is coming in 2 weeks, I'm going to say easy hodl.

[Anonymous No.21198601]

>>21198251
>I'm retarded, aren't I?
Yes, for trying to fud by making the dumbest post on biz

If you sold at 15c, you better buy back in now

[Anonymous No.21198663]

>>21198601
wonder how pic related feels

[Anonymous No.21198823]

>>21198663
Probably OP

[Anonymous No.21198881]

>>21198251
>Why is btc team anonymous?
>its a scam
Its a decentralized smartcontract that has been audited by hacken. Devs own 4% and the pools are insane. You wont get it cheaper than this.

[Anonymous No.21198933]

>>21198251
welcome to 99% of uniswap shitcoins amigo

[Anonymous No.21198944]

Look at XOR 3 weeks ago...
That is where we are now. Info pasta below:

What is an index fund?

An index fund is a fund that can track a specified basket of underlying investments and in this case: BTC, ETH, LINK all balanced with STA.

The rules are that these coins are set in the fund at a specified percent so as one goes up or down the others are automatically bought or sold to balance risk and maximize profit. HOWEVER, the key is that STA is deflationary (whenever a STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). This token burn + tokens being locked in pooling pressures prices up to again make sure the other coins will be balanced. You also are given a % of all the fees paid in STA transactions up to 36% APY and during a run up to 40,000% APY (https://medium.com/@stateraproject/earn-over-900-returns-on-your-ethereum-with-statera-delta-dfbcc7636627))

The power of STA is that the ripple effect of: (1) compounded fees, (2) token burn, (3) price pulled up by ETH, BTC, and LINK leads to an exponential effect and positive feedback loop on price.

So why is it low at only a 5-8million mcap right now?

STA was used by balancer labs and someone hacked the % exploit from balancer. This was balancer's fault but they used STA. Balancer and STA are refunding this.

Can the team dump? No, this is the most decentralized token as the project much like BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own <4%.

[Anonymous No.21199454]

>>21198251
So pic unrelated?

[Anonymous No.21199704]

I'm holding this until it's multiple dollars.

[Anonymous No.21199748]

ITS DUMPING AGAIN AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.21199813]

You know people are regretting not buying when the exact same fomo cycle begins again

[Anonymous No.21199822]

>>21199748
Quit being a fucking spaz

[Anonymous No.21199863]

>>21199822
STOP THE DUMP AAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.21199887]

>>21199863
There, I stopped it.

[Anonymous No.21199914]

>>21199748
>>21199863
Doesn't really look like it's dumping to me. It looks like a correction after such a massive day, and it's actually looking stable atm.

[Anonymous No.21199945]

>>21199887
> below .16

[Anonymous No.21199987]

>>21199945
That means buy

[Anonymous No.21200054]

> pumped over it's fucking ath
> it's gone down slightly after nearly tripling over 2 days
> dumping aaaaa
Shut the fuck up retards

[Anonymous No.21200065]

>>21199914
Agree. So far its just stabilizing at a new base.

[Anonymous No.21200089]

>>21200054
ITS DUMPING

[Anonymous No.21200210]

>>21200089
i fucking hope, want to buy more

[Anonymous No.21200310]

>>21200210
omg i convinced my entire family to dump their savings into this at 19 cents FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU

[Anonymous No.21200408]

>>21200310
BASED

[Anonymous No.21200543]

>>21200310
So then stop looking for 3 to 6 months. See you in when it is $10.

[Anonymous No.21200934]

>>21200543
bye world

[Anonymous No.21201029]

>>21200934
>>bye world
Hey, can you send me your STA first? Also, do a flip

[Anonymous No.21201071]

>>21201029
sure man share address i will send.

[Anonymous No.21201261]

Ridiculously complicated investment. Converting from being in the Phoenix pool to actually holding STATERA is about a five step process paying $5 gas each time. It’s kinda fucked up.

[Anonymous No.21201392]

>>21201261
1. Hold STA, LINK, ETH, BTC, SNX
2. Put in pool.

What?

[Anonymous No.21201678]

>>21201392
3, withdraw from pool into STA
4. Spend $100 in gas going from pool to STA over multiple transactions doing this.

[Anonymous No.21202397]

>>21201071
0x0000000000000000000000000000000000000000

[Anonymous No.21202567]

>>21201678
This isn't a tool for coinlets

[Anonymous No.21202612]

>>21201071
0xE40A4e78F5EB63c2090fb48Cc4566056329832b8

[Anonymous No.21202620]

>>21202397

this guy gets it