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/biz/ - Business & Finance

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22559588 No.22559588 [Reply] [Original]

If you are not buying literally the biggest thing to happen to DeFi (yes bigger than YFI) right now I don't know what to tell you.

>> No.22559625

>>22559588
why the fuck would I buy now when everyone is getting it for free and dumping their bags?

>> No.22559672

>>22559625

Do some 3D chess for a second. If everyone is dumping their bags why is the price going up?

It's because the smart ones are buying the bags.

>> No.22559707

>>22559672
Exactly, and there is a limit to how many bags will be dumped and once that pressure lets off...

Shit I wouldn't even be surprised if Centralized exchanges are buying it all up so they can cripple their competitor with idiotic governance.

>> No.22559894

>>22559707
>there is a limit to how many bags will be dumped
when gas fees drop even slightly to allow people who don't know how to set them manually to sell their UNI, there's going to be a dump. The only people buying and selling are people who know how to use metamask. Most uniswap users have no idea and those transactions are still pending. I predict a weekend dump to $1.

>> No.22559945

>>22559625
It's a governance token, so eventually we'll all vote to get fees and profit sharing.

>> No.22559959

>>22559588
imagine buying a token given for free to literally everyone, you guys are beyond retarded, there should be a whole new category for /biz/ idiots

>> No.22560004
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22560004

>>22559625

>> No.22560007

>>22559625
How do you claim free tokens?

>> No.22560040

I sold 1.2k just now.

The people selling now are the smart ones that were able to withdraw UNI right away. There will be a wave of people selling when the default gas set by metamask will be enough for transactions to go through.

>> No.22560042

>>22559959
I market bought and claimed free UNI

Bought a stack at $2.00 how does that make me an idiot?

>> No.22560065

>>22559588
I got 800 free and bought what I could. It’s not a lot but it’ll make me money.

>> No.22560071

>>22560040
I dont feel so smart. I sold and this shit just keeps pumping.

>> No.22560081

Are we sure it isn't some FCC honeypot at this point, this can't be real, I can't believe I made $200k for trading a shitcoin once.

>> No.22560101

>>22560071
Hey well it’s better than most of the world who never used uniswap

>> No.22560120

>>22559894
>smart people who understand ETH are paying huge gas fees to buy
>this is somehow bearish
Yikes bro

>> No.22560157

>>22560120
it isn't bearish at all. But it is a gamble to assume most liquidity providers and rugpullers who are getting hundreds of thousands of dollars are going to hold in the face of tens of thousands of people selling their free bags. I'm going to accept my $1,200 and say thanks.

>> No.22560169

>>22559588
This is like cashback for all the high fees this is great

>> No.22560187

>>22560120
It's available on Binance which is a normie tier exchange at this point. Once all the jeets save up enough gas to claim and sell we will see an enormous dump, and then it'll be a buy around $1

>> No.22560192

>>22560157
Uniswap is the competitor of the big centralized exchanges. Sure it may dip a bit, but all of it is going to get bought out by these exchanges so they can cripple Uniswap with bad governance.

>> No.22560199

>>22559588
>1b marketcap
hello ripple

>> No.22560216

Guys help, if I have a transaction pending can I still recieve other transactions and make other transactions?

>> No.22560228

>>22559894
i mean thats true, how much pajeets cannot sell right now because they cant pay for the gas?

>> No.22560244

>>22560157
Keep dreaming kek. If YFI could go to 1 billion mcap, this could easily hit 2+ billion.

>> No.22560253

>>22560216
>guys help
ngmi. yes you can but it will be in the que behind your other transaction

>> No.22560271

Imagine missing this easy 10x

>> No.22560273

>>22560244
but can it do this on the first day of trading? i mean there will be some sort of cooldown before it takes off? atm the hype is unreal

>> No.22560297

>$4 incoming

>> No.22560308

>>22560253
When will the transaction stop pending? Or do I need to send another transaction with lower fees to the wallet.

>> No.22560327

>>22560273
There have been a few examples of 500+% pumps in a single day on Uniswap this year. I expect us to break that record. Already 200 million volume.

>> No.22560328

>>22560273
It can do this on first day because it has a working product already.

There is no "roadmap", no "partnerships" or any of that shit.

It has a product today which generates 20M in fees a day. It is worth billions any way you slice it.

>> No.22560340

>>22560297
Fully diluted mcap is already 3 billion which is top 10 coins

I think better to sell now and buy back on 1-2 usd levels when all the noobs dumped their free tokens...

>> No.22560346

>>22560007
If you traded on or before sept 1 you get 400. There is link somewhere on the page for claim uni

>> No.22560347

Does the token even have a value capture model or is it strictly voting rights?

>> No.22560362
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22560362

daily reminder blue partyhats in runescape could be acquired for free too

>> No.22560372

>>22560347
It is just a governance token, it makes zero sense that people are buying this for this much.

>> No.22560373

>>22560347
We will vote for the fee allocation.

>> No.22560430

>>22560308
Send a new transaction for your claim and set the gas at 850

>> No.22560437

>>22560372
>cz buys huge bags
>enough to influence governance
>doubles tx prices and increases liquidity fees
>introduces rewards for UNI holders
>now uni is suddenly too expensive to use and binance is looking good again
he wins either way

>> No.22560476

>>22560362
Oh fuck

>> No.22560513

>>22560437
It gets forked and liquidity drained...
People aren't gonna pay stupid fees when even mongs like sushi can fork and migrate liquidity.

>> No.22560606

these free tokens give errors when i try to send them to metamask

>> No.22560683
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22560683

>>22559588
Why would you buy when there are niggers like this ready to dump

>> No.22560696

Nobody feels disapointed that binance could take over Uniswap's governance? I reckon more rules about ownership should be defined for governance token otherwise hostile takeovers by centralized entities will be the rule

>> No.22560715

>>22560169
This.

>> No.22560747

A million pajeets on minimum gas will block your path tomorrow bullassss

>> No.22560781

ran out of eth for gas. will coinbase allow the eth withdrawal to metamask? bittrex isn't working rn

>> No.22560783

>>22560244
There's a billion coins idiot. Your evaluation puts the price at 2 dollars. Even if you account for just the 600 mill airdropped that's $3.2

>> No.22560803

>>22560781
yeah they say that you have to wait if you buy via credit card but has always let me transfer instantly

>> No.22560883

>>22560783
600mill are already airdropped?

>> No.22560954

>>22560192
This.
Tho I really do not want that to happen because Uniswap is great, but how did they not think of this possibility?

>> No.22561161

>>22560696
I'm okay with that. both cz and /biz/ are buying because they think they can use governance to jack up fees and take a cut. Let cz go broke buying all the tokens, while defi just moves to a uniswap fork like kleros' ninja or looprings zkdex and pays less in fees.

>> No.22561380
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22561380

>>22560683
buying is ballsy, but maybe because of this.

>> No.22561426

>>22561380
are u smoking? its 150m this is just how its divided

>> No.22561524
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22561524

>>22559588
i just fomo'd in extremely fucking hard.

>> No.22561570

>>22560346
Hahaha, I have no eth, can't claim lol

>> No.22561588

>>22561570
I really should find that gas fee immediately, shouldn't I?
Or I will actually be blowing my fucking brains out

>> No.22561590

>>22560340
full dilution not for 4 more years

>> No.22561605

>>22561588
you can claim whenever you want, anon. it just may or may not tank in price

>> No.22561618
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22561618

>>22560004
IT'S

HAPPENING

>> No.22561641

>>22561605
I'd just spend the money on shit otherwise, it's worth a go I suppose

>> No.22561653

>>22561588
I'd say you've got a few hours to come up with some eth. Don't rush it and do some crazy stupid. I was just click shit left and right and ended up spending over $100 in fees

>> No.22561672

this is going to get dumped to oblivion you retards. 1 billion total supply?

>> No.22561680

>>22560228
They could probably post here and anons would spot them the transfer fees. I'm going to bed though good luck pajeets. I actually am happy for them. Maybe they can buy a house?

>> No.22561682

>>22560513
Nah, Uniswap has already won?
How? Integrate Liquidity Pools with Coinbase so boomers can do it without fucking around with Metamask

>> No.22561688

>>22561653
YEah, I'll not be spending that much

>> No.22561761

>>22561570
then buy eth , claim and dump fast before gas price normalize

>> No.22561819

I have enough for Gas price. But it is till taking more than 1.5 hours. What is going on?

>> No.22561903

>>22561426
add them together retard

>> No.22561912

>>22559588
Just do some simple math boys. 150m circulating, equals roughly 500m marketcap. Not to mention upcoming staking rewards diluting it. Comparable things like BAL fluctuate between 150m-200m marketcap. Obviously uniswap is the higher profile platform, but you're honestly dreaming if you think this will go over $1b ($6.50 token). I doubt we'll even see $5 desu.

>> No.22561926

>Try to claim my 400 UNI gibs
>Look up price, can't be that much if they're giving it out to everybody, let's see-- HOLY SHIT $3.40?
>Metamask fucks up or something, transaction cancels
>Try again
>Forget to set gas price this time
>Default gas price is such that it will take OVER 5 FUCKING HOURS to get my tokens
>Spend next 20 minutes googling how to speed up transaction (because metamask once again fucked up and failed when I used the "speed up transaction" button) and fucking around with myetherwallet
>Finally replace the transaction with one that'll actually go through sometime this year
>Watching price drop precipitously throughout all this
>Finally get my UNI tokens
>Sell for pretty much the ATL of like $2.30
>Price goes back up to like $3.60 mere minutes later

Even when I win I lose. My life is a joke
Oh well, $1000 is $1000. It'll be $100 by the time I'm done with it anyway.

>> No.22561930

>>22561761
Lol, my claim just went through
God bless the uniswap scammer who cost me like $7 worth of eth and enabled me to claim
HAHAHa...
Lolwut is all I can say

>> No.22561965

Will a transaction with 700 gwei go through atm?

>> No.22561969

>>22561912
$1b doesn't seem far-fetched at all. Uniswap is one of the biggest things in crypto right now.

>> No.22561997

>>22561903
>add them together retard
49166400 + 100613600 + 220000 = 150000000
It's 150M to historical LP providers, users, and SOCKS red/hodlers. Then goes to explain what part of those 150M goes to each one of those categories.
Learn to fucking read before calling someone a retard you absolute brainlet.

>> No.22562061

>>22561965
yes

>> No.22562125

>>22560040
F

>> No.22562203

I’ve been waiting endlessy for my transfer to binance... how many dollars have I lost...

>> No.22562231

>>22562203
none friend, it was out of your control. You'll get it at the price its pinned when the tx goes through, don't worry about what you can't change.

>> No.22562233

>>22561903
holy shit im the retard

>> No.22562251

>>22561997
holy shit you are right anon i am retarded

>> No.22562253

so how much is the supply going up short term?

>> No.22562268

>>22562253
150-200m
imho it could stay at around 3USD which would make it around 450-600m mcap

>> No.22562371

>>22560437
>just make a new uni swap and let CZ sit on his bags

>> No.22562416

>>22561926
I had to spend like 20 min fucking around with gas and stuck tx too. Paid ~130 $ in total.

>> No.22562848

>>22561590
This. No one actually read Uniswap's post and just gets their information from /biz/ and Crypto Twitter.

>> No.22563211

>>22562371
>let cz sit on his worthless bags
yes that's exactly what I plan on doing. by making a zkrollup uniswap, loopring exchange is better and I don't have to pay cz for the privilege of him manipulating the market with his timed pumps, dumps and barts to destroy anyone in shorts or longs.

>> No.22563364

>>22559894
this is smart money

>> No.22563848

>>22560954
Circulating supply is 1/10th of the total, how much more will be claimed through this?