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/biz/ - Business & Finance


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22565852 No.22565852 [Reply] [Original]

The problem with the Statera project has been the lack of funds for developing since giving away 500k STA for the reimbursement.

The dev wallet now holds almost 10k UNI (pic related + 400 in the donation wallet) - could this get the pump rolling eventually?

>> No.22566014

Dev said that marketing isn't important right now, so it will keep crabbing for a while. To be honest that's alright, I'd rather see it moon for more than 10 minutes because of some random stupid news.

>> No.22566218

>>22566014
>Dev said that marketing isn't important right now
I don't think that's true. Where was this said?

>> No.22566374

statera is a scam and the token is unironically not needed.

>> No.22566407

>>22566374
Scam? If you can name me one other scam that pays the investors back half a mil I will sell my stack right away.

>> No.22566441

>>22566374
Statera isn't a scam, it's just an absolutely dogshit project, but an honest one at that.

>> No.22566512

>>22565852
yes im sure the dev will use this 25 grand for "development"

>> No.22566616

>>22566441
It was a dishonest scam that got pumped and dumped but got miraculously kept alive by the huge amount of newfags coming to crypto since july. Nobody who has been in crypto more than a year would buy a deflationary, useless token and hold it for more than a couple days. It's just newfag bagholders and discord servers trying to keep the meme alive so that they can cash out and break even.

>>22566407
dangling the repayment pumped the price and enabled the team to sell their bags, which they did. Repaying the exploit and dumping their bags was the smart decision because they made way more that way. It had nothing to do with being a solid team behind a project with good fundamentals. It was just good optics.

>> No.22566693

>>22566441
Even though I don't agree with you about Statera, I appreciate that you know the difference between a scam and a bad investment
People use the two interchangeably, especially in crypto. We need to move away from that
Not every bad investment is a scam

>> No.22567495

>>22566218
Check the telegram, they're more focused on the dashboard while some random /biz/ anon complains about the shit exchanges and lack of shilling from time to time. And they tell them that's not the focus right now.
To be honest the completed dashboard should be marketing on its own since right now we have fucking google spreadsheets to calculate ROI, which is really unprofessional looking.
Letting normalfags see in an easy automatic way how much money they can do every year by simply forgetting their stack on uniswap should attract people. Specially now that uniswap is getting more volume, thus more fees to liquidity holders.

>> No.22567566

>>22566512
You do understand the dev wallet has held over $0.5M worth of tokens in the past? They will surely run with 1/20 of that.

>> No.22567579

>>22565852
They already made a bunch of Uni LP pools that look like the start of something. Maybe they will see if this can tie in somehow.

>> No.22567697

I have a problem. I tried buying UNI yesterday and made two transactions. The first one failed and the second one won't go through until the first one resolves. How do I get it to cancel?

>> No.22567803

>>22567697
enable custom nonces and make a transaction with the same nonce and at least 10% higher gas price

>> No.22567940

>>22567803
would I enable custom nonces on metamask or uniswap? once I enable custom nonces how can I choose the same nonce when creating a transaction on uniswap?

>> No.22568053

>>22567940
on metamask in settings
there's going to be a field

>> No.22568095

>>22567803
Nevermind. It also failed. What's a propper gas price to use right now?

>> No.22568101

>>22568095
what do you mean by failed, out of gas?

>> No.22568155

>>22568053
Thanks. I'll remember if this ever happens again.

>> No.22568171
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22568171

>>22566616
Who hurt you Anon? why even spend so much time writing so much about a token you don’t “care” about. Try less harder to FUD and some noobs might believe you.

>> No.22568190

>>22568101
It just says there was an error encountered during the contract execution. The transaction failed.

>> No.22568211

>>22568190
that's very generic. was it a uniswap trade? insufficient output amount? it means the price moved

>> No.22568296

>>22568211
It was a uniswap v2 trade and the exact words are Fail with error 'UniswapV2Router: EXPIRED'. The price did move quite a bit.

>> No.22568321

>>22568296
every order has a 20 minute deadline
but note that failed transaction are relatively cheap in gas

>> No.22568869

>>22566616
How do you lie so effortlessly?

>> No.22568942

>>22568869
It comes naturally after he's spent so long practicing on himself while HODLing XRP.

>> No.22569055
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22569055

>>22565852
I think some "insider" anon (didnt actually seem like a larp) suggested that there was gonna be some funding in the future.

>> No.22569317

>>22569055
Well that would really be something if true.
Anyway the UNI tokens are a great start, they just need to get their shit together. If there will be a good marketing push timed with the release of the dashboard we could see a much greater pump than in the past because there would actually be something to show off, not just hype generated by shills and the token itself.

>> No.22569946

>>22565852
This is a big opportunity for Statera
I know the team will put those funds to good use, they have not let us down yet

>> No.22570144

Project is still young it is very obvious that it isn't a scam at this point. Fellas, hold on tight, this is gonna be good.

>> No.22570216
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22570216

>>22570144
Especially with how crazy DeFi stuff is going right now
If Statera gets proper exposure it could unironically shoot up to the top 50 coins overnight

>> No.22571196

>>22570216
Lmao

>> No.22572248

>>22565852
So is this project done or what?

>> No.22572614

>>22565852
But you retards are saying that shitera is a finished product that doesnt need developing, thats why their github has 0 activitiy KEK

>> No.22572648

>>22570216
no it wont since its a worthless shitcoin that does absolutely nothing.
you think anyone gives a fuck about your worthless shitcoin lol?

>> No.22572719
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22572719

buy AXIA you retards. statera has been dead

>> No.22572728
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22572728

>>22572648
you seem to care a lot about it, no?

>> No.22572760

>>22572248
It's barely started, anon. :)

>> No.22572819

>>22572648
Surprised how long it took for you to reply.

>>22572248
One would think a project that was done would have continued dropping from 6-7c but the price has since recovered to 11c, top being at almost 14c.

>> No.22572838

Burn tokens like STA, XMM and AXIA are clearly scams to sucker people in with meme promises (oh if people dump, the burning will mitigate it so it's basically a safe bet lol!) while whales accumulate massive bags and dump on stacklets. All you have to do is look at the price fluctuations and whaledumps to see how manipulated it is.

And then there's the fact that the biggest stacks not held by the devs aren't even a million dollars, so the whales are petty poorfags just shitting on poorerfags. STA sucks.

>> No.22572974

>>22565852
Lol, Paul, Mark, and Abu have over 500k just for development. It isnt enough to BUY the binance listing but binance will give it for high volume (even fake volume). There are a ton of funds for marketing. The marketing team (me) is timing the yt, twitter, coindesk, cointele shilling at the time of the dashboard release with concurrent big news. That coordinated hype will lead to a pump and fomo and burn more tokens. With weak hands shaken out, the iron hands left will not sell under $1.22 with whales waiting till $10. None of this is including the favor we can call on Scott for should we need extra integrations/funding which we might do anyway.

>> No.22573011

>>22572838
STA is not a burn token. It is a balancer.

>> No.22573145

>>22572838
>And then there's the fact that the biggest stacks not held by the devs aren't even a million dollars
Are you actually claiming this is a BAD thing?? What the fuck man

>oh if people dump, the burning will mitigate it
??? man you must be talking about some other project.

>> No.22573315

>>22573145
STA initially sold at something like .000001 cents, it isn't growing because it has literally already mooned.

>> No.22573384
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22573384

>>22573315
Right

>> No.22573896
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22573896

>>22572974
Fucking based

>> No.22573992

So many retards that can't read charts in crypto these days.

If you can't see STA is back once again in an uptrend against ETH, and you continue to fud it just because price went down, you are dumb beyond help.

I didn't see link go straight into the top 10 neither will this. STA is no link, but the token distribution and upward price action is a very good sign for the future of the token.

>> No.22574040

>>22573992
It's /biz/, instead of buying when a coin is low they mock it, then they fomo when it's 30% up and get mad when it starts going sideways

>> No.22574088

>>22572838
Don't know what the other 2 are but STA proved a use case for deflation. I agree that it used to be kind of a game theory thing. But its not anymore and if you haven't figured it out yet you should before it gets outside of /biz/

>> No.22574152

>>22565852
We'll make it if we wait anon.

>> No.22574351

>>22565852
no, 18k $ won't start a dump you dumb fuck

>> No.22574411
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22574411

>>22565852

>> No.22574629

>>22574351
>18k $
Actually almost 40k already.