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23192438 No.23192438 [Reply] [Original]

your predictions for xdai stake

>> No.23192673

>>23192438
A coin worth 50-100 dollars

>> No.23192803 [DELETED] 

>>23192438
Marketcap or price? I need to know this quick plz

>> No.23192834

>>23192673
Marketcap or price? I need to know this quick plz

>> No.23192956

$250

>> No.23193071

>>23192438
Hmm. Well it's a working stopgap for ETH. Which means it actually does something. The market cap is what? 50m? Compare that to ETH "killers" that have billions invested in them. Subtract points because it's not hypey.

Right now it's waiting on the Reddit thing. If it wins, it will 10x conservatively. If it fails, it probably won't fall by 10x. So risk reward isn't terrible.

Without Reddit it's still a working chain that sees real usage. It's less about STAKE then it is about eventual capitulation from other projects that don't do shit. STAKE/xDai have to sort of vindicate themselves in this way. At this price, it's a solid hold for crypto.

>> No.23193302

>>23193071
Probably the best take you’ll get in the thread.

>> No.23193371
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23193371

>>23193071
wow so you staketraders stakehouse people have this shit on copy and paste at this point
>help me with the fud in this thread
>someone join this thread i need help
the moment you realize this token unironically has no value is the same moment you realize that there will be a massive dump at the end of the year
team said they hold until eoy
massive new daily dose of release begins as well
personally if you want predictions,
i think this will go down to about $3-4 before it goes back up.

literally no one here is playing a shortgame but poorfags and this is where stake fails miserably because every day that goes by the relevance of stake dissolves.

>> No.23193403

>>23193371
Source: my anus.
>it has no value :O
Shut up, it is essential for xdai.

>> No.23193417
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23193417

>>23193371
another NINE THOUSAND a day
IN ADDITION TO:
>4,286 utnil 31.3.2021
>5,719.2 until 21.6.2021

IN ADDITION TO:
>we will keep tokens locked until eoy

the amount of stake that's going to leak soon is going to be fucking crazy

>> No.23193435

>>23193403
rofl refute above retard
the point xdai network starts generating fees that make it worth holding a shit ton of stake woudl be years from now
THATS WHERE IM SAYING THE TOKEN HAS NO VALUE

how many stake do i need to hold to earn $10 a day right now?

>> No.23193454
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23193454

>>23193435
>years from now
this is also an important point, as i htink we can all agree 'years from now' eth phases will have been rolled out and rollups etc would make stake obsolete.

sorry friend, the window is closing.

>> No.23193476

>>23193417
can you send a link to this page

>> No.23193489

>>23193371
how many candles are up there anon, can no longer shit so you shit through your posts now?
omg which is the shittest of the L2s is at 600mil, matic, loopring 100mil-200mil which are years better, and then xdai which has more adoption than all 3 combined

seriously why does everyone hate this coin alone, its sad

>> No.23193490

>>23193476
https://www.xdaichain.com/for-stakers/stake-token/stake-token-distribution/unlock-dates-and-circulating-supply

dont get me wrong im not hating on xdai itself its a great stopgap solution as said above but stop acting like a snicker's bar is fucking dinner

>> No.23193553
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23193553

>>23193489
>why does everyone hate this coin alone, its sad
probably in the same sense everyone hated on nano
i see many of you comparing OMG to xdai when what THE MAJOR THING YOU MISS IS THIS:
it is a remnant of 2017
there are bagholders of OMG across the fucking globe, another few examples are
ltc
eos
bch
tron
iota

just because it's l2 doesnt mean you can compare with years of bagholder's hopium

im not hating the coin but you just dont get it, the token is useless. the amount of fees the xdai system generates are SO SMALL it's pointless to hold for a profit. if ethereum gets compromised, so does xdai. assuming eth doesnt get compromised, it will evolve into "eth2.0" in whatever form.

THE AMOUNT OF TIME IT WILL TAKE FOR XDAI TO BECOME PROFITABLE FOR STAKE HOLDERS WOULD BE SO MANY YEARS ETH2.0 WILL SURELY BE AROUND BY THEN MAKING xDAI IRRELEVANT.

refute this point above and ill gibs

>> No.23193651

>>23193553
you are just fudding at this point, fuck off kike

>> No.23193706

>>23193651
he has a good point tho, maybe I'm uninformed, but what he says makes sense. Add in the fact that only 1/4 of the max supply is circulating and it seems that if the STAKE token is kinda useless even if the sidechain expereiences insane usage. I also have a small bag of STAKE so not trying to fud obviously

>> No.23193777
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23193777

>52k tx on a Sunday
$100 EOY.

>> No.23193803
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23193803

>>23193651
>you are just fudding at this point
i answered in my post above that my price prediction is $3-4
youre clearly a moonboi that's holding some big bags because im guessing you only wanted
>1000 eoy
responses only?

above anon says the source comes out of my ass to which i then proceeded to explain my position. sorry you're just now realizing im fucking right and your bags are even heavier than you thought, calling me a kike? rofl glhf watching this shit go down 90% of its ath
>40
>soon to be 4

get a life

>> No.23193819

$50 minimum. If you’re selling before that, you unironically hate money

>> No.23193828

>>23193706
>what he says makes sense
and that's the most important point here
if i was wrong about any of this dont you think a single fucking person could come along and say no anon, this is why you're wrong!

the stake network doesnt produce much value for stake HOLDERS making the TOKEN ITSELF relatviely useless.

sorry kiddos, you're backing the wrong horse if you think you're getting passive income.

>> No.23193845

>>23192438
Dump this junk trash and become a OMG chad.

>> No.23193958
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23193958

>>23193706
>Add in the fact that only 1/4 of the max supply is circulating and it seems that if the STAKE token is kinda useless
let's expand on this even further..

1/4 of the CURRENTLY MINTED SUPPLY is available. the token releases starting in Q1 of next year are going to be more than double the current release.. and here's the best part

THERE IS NO FUCKING MAX SUPPLY. so all these tokens will flood the market, then large position holding stakers will be minting 10% a year, subsequently dumping it on others thinking they'll get these great dividends..

yet the cost per tx is like $0.00002 cents. so using
>>23193777
post above (checked)
let's do some math:
>50k tx a day
>$0.000021 per tx

THE NETWORK HAS GENERATED ONE FUCKING DOLLAR WORTH OF FEES TODAY. WOW. AMAZING INCENTIVE.

afaik eth has about 1 000 000 tx per day, let's try again
>$20

THE ABSOLUTE
FUCKING
STATE

>> No.23193959

>>23193845
you can keep your no adoption bags, thank you

>> No.23194133

>>23193958
you are so smart, I honestly don't know what the fuck it is you are doing spending your time here in this board.
Go make millions smarty pants.
The reality is, uniswap token is still not $0, is still high marketcap and has no use, no rewards for average user, and was given for free.

Xdai is getting adoption, othere chains are not.
Xdai is very recent and has acomplished things other networks didn't in 2 years.
So fuck you and your theories and "unrefutable "bs.

THE ABSOLUTE
FUCKING
STATE
of no money retards.

>> No.23194354

>>23193803
Honestly, you make a pretty good case anon. I do believe xDai as a network is great, but my faith in STAKE is weakening considerably after the continued dumping. It’s the best scaling option in the bake off, but I don’t believe it’ll win because it’ll come down to politics.

>> No.23194387

>>23193958

STAKE has many use-cases. Use it for governance. Hold it to gain interest on DAI. Gain a comfortable APY. Farm with it. Use it as collateral.

Are you retarded or just pretending to be? STAKE is like Kusama for Ethereum. $100 EOY, stay poor.

>> No.23194517

>>23193958
>$0.000021 per tx
that assuming every tx cost $0.000021 if you're looking at validator coin balance history (https://blockscout.com/poa/xdai/address/0x9e41BA620FebA8198369c26351063B26eC5b7C9E/coin-balances)) 50k tx a day clearly generated more than one dollar.

>> No.23194593

>>23194133
>what the fuck it is you are doing spending your time here in this board.
explaining to you anons that this coin is a waste of time and im tired of seeing people acting like it's some sort of technological wonder
>Go make millions smarty pants.
sounds like you're poor
>Xdai is getting adoption, othere chains are not.
>Xdai is very recent and has acomplished things other networks didn't in 2 years.
>So fuck you and your theories and "unrefutable "bs.
im not denying any of this but you're so sorely confused in that anyone on xdai can leave this very moment as soon as eth phases get rolled out. that's the bitch of xdai's perfect compatibility.
>THE ABSOLUTE
>FUCKING
>STATE
>of no money retards.
again really dying to hear your take on how the network is giving me value as a holder, please define ONE SITUATION where holding STAKE gives me money
>>23194354
im right there with you
im not talking shit at all about the value of the network as a testnet etc, that it allows projects to scale and become useful, but you cant deny the fact it's a permissioned network that doesnt bring value to the mainnet token holders. plain and simple.
>>23194387
>use-cases
at no point did i deny it has use cases
IM SAYING THE TOKEN DOES NOT CONFER VALUE TO ITS HOLDERS
>farm it
cool so ill dump the token
>collateral
that will get liquidated because the only incentive is to dump
>STAKE is like Kusama for Ethereum
YET
IT
GENERATES
NO
VALUE
FOR
TOKEN
HOLDERS

seriously, still waiting for someone to simply clearly define how holding stake gives me value. the network produces $1 a day in fees divided up between 3 million tokens. do the math.

>> No.23194641
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23194641

>>23194517
>more than one dollar.
alright so now we're getting somewhere
youre saying $40 have been generated in fees over 50k tx?
we scale this up to eth's tx of 1 million per day, that's $1000 a day

$1000 in fees for the entire network a day spread across millions of token's fractional rewards.

still no value for token holders. pass.

>> No.23194646

>>23194593
just dumb you token than nobody care.

>> No.23194652

Stake is by far the most comfy buy in the market at this point. It's retesting previous resistance right now.

>> No.23194910

>>23194652
It's trash

>> No.23195326
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23195326

keep this thread alive so everyone can see the shitpile

>> No.23195365

>>23195326
yep, now it's clear, you bought the top and sold the bottom.
good night

>> No.23195454
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23195454

>>23195365
quite the opposite actually
can you refute any of the points above?
id like to hear them

>> No.23195713

>>23192438
It will fall by the wayside just like all other shitty L2s have done. It’s basically the Raiden network of 2020.

Nobody gives a shit about a fucking side chain with zero security that was tossed together in 2 months with like 2 devs. There’s no reason any project worth a damn would ever use it as anything more than a very temporary band aid. The only “adopters” xDai have are shit projects with practically zero volume. Everyone knows your transaction statistics are basically washes or spam.

Everything about xDai is fake and/or gay. Fake transactions, gay scaling. Fake throughput stats, gay adopters. It’s pathetic watching shills come here every day trying to force meme it as a real scaling solution.

Optimism and OMG are how ETH scales. Everyone in their right mind knows this clear and obvious fact. That you can’t see this is honestly pretty funny. But also sad.

>> No.23195868

>>23195713
i dont even think omg will play a big role
if xdai is a bandaid then omg is a splint

i think if xdai deployed this shit like a year and a half ago like the entire ecosystem would be on xdai right now. a day late and a dollar short i guess.

>> No.23195931

>>23195868
It’s pretty crazy how little people know about OMG. The value transfer use case takes up the majority of blockchain transactions and OMG built a scaling project specific for that purpose.

There will be multiple L2s for different use cases. xDai has literally zero use cases it has optimized for. It’s just another side chain flavor of the month. Again, it will be completely discarded by Q2 2021.

>> No.23196006

>>23194910

Are you new to crypto fren? Who fucking cares.

>> No.23196034
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23196034

>>23195931
sure but doesn't the idea of a threshold of shards make even omg's solution obsolete? also this is the majority of block tx at THIS MOMENT in time. smart contract execution is likely to be number one later in time.
>There will be multiple L2s for different use cases. xDai has literally zero use cases it has optimized for.
this is not true, it can run EVM for a fraction of the cost. see above, i'm not shitting on xdai itself (especially if they figure out their centralization issue which they say they will soon with public posdao) but im saying the token itself is useless given that the network doesnt generate enough fees to make holding it valuable.
>Again, it will be completely discarded by Q2 2021.
this i agree with

>> No.23196058

>>23196034
what coins are you holding anon

>> No.23196137

>>23196034
>idea of a threshold of shards make even omg's solution obsolete?
How would it? Not familiar with this argument.

>also this is the majority of block tx at THIS MOMENT in time. smart contract execution is likely to be number one later in time.
I disagree, but accept that’s its possible. I think of blockchain like the Internet. Email isn’t the coolest thing you can do on the internet but sending simple messages was the internet’s original use case and likely is still the single highest volume action people perform on it. I think value transfer is the email of blockchain.

Even if smart contract transactions surpass it, it still makes sense to have an L2 that offloads the strain non-EVM transactions put on ETH.

>> No.23196216

the fud is bullish

>> No.23196284
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23196284

>>23196216

Yes, buying some more.

>> No.23196311

>>23196034
shitting on the token but supporting the product is a new one, i get the "token not needed" shitcoins but there can be solutions to incentivize stake if fees aren't enough, there are mainnet bridge fees, there is honeyswap farming albeit it's 3rd party and not strictly related to stake, but my point is that if you genuinely see usecase and potential for the xdai network it's naive to not buy the coin, market couldn't give 2 shits about intrinsic value, if tomorrow binance said they are bridging bnb to xdai stake will 2x overnight, you can't deny that the number of projects that have not only considered but actually moved to xdai beats every other L2 right now

>> No.23196376
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23196376

Better than the competition. Matic is just garbage

>> No.23196432

>>23195365
This is the most likely scenario. That's not to say his point about the upcoming token releases isn't valid, but I really doubt he would feel motivated to come back and fud after timing the top so perfectly, unless he feels some uncertainty about his decision.

>> No.23196502

>>23196058
btc eth xmr
not even an oldfag just been around long enough to understand that these are the only ones you should own
>>23196137
that with enough shards the network itself can handle the throughput without omgs layer for entering/exiting approach
>sending simple messages was the internet’s original use case and likely is still the single highest
this is not true. things like location data (whether from mobile to a paying source or receiving GPS would both be smart contract applications) and other types of reporting such as the ultilization of your cookie library to deliver the most appropriate advertisement.

SMTP does not at all make up much of internet traffic. using your example i'm assumign you're saying, "send this youtube video through smtp" then yet, but i think it would look something like
>user interacts with smart contract
>result found
>result given through traditional means
data delivery via blockchain for high throughput would be insanely retarded for complex data sources such as video (largest by disk space use of the internet, ie, porn)

>>23196216
>the fud is bullish
>>23196284
>Yes, buying some more.
good luck idiots

>>23196311
>there can be solutions to incentivize stake if fees aren't enough
they're not enough at all. thats why stake is minted for stakers. so, yo ubuy more stake so you can mint more stake so you can buy more stake? cool. can't wait til we have 1 000 000 000 tokens and the value of a STAKE is like $0.20
binance isn't bridging shit to xdai they have fucking binance smart chain
i think you still don't understand layer2 and just that moving value to the chain does not necessarily create value to the chain.
>>23196376
>Better than the competition. Matic is just garbage
the smartest kid in a kindergarten class is still functionally retarded

>>23196432
>This is the most likely scenario.
its also the best non-argument to make to try and btfo some fudder, what, you want my private fucking keys? i bought at $1 and sold at $30

>> No.23196664
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23196664

>>23196432
>feel motivated to come back and fud after timing the top so perfectly, unless he feels some uncertainty about his decision.
in short no, im just tired of xdai coming here acting like they've solved the scaling issue.
would rather have this board use their collective meme magic to push actual scaling solutions. imagine all of biz finally got real about eth and just fucking pumped eth 100x instead of trying to make shitcoins moon
we'd all fucking win

>> No.23196684

>>23196502
>i bought at $1 and sold at $30
After making successful trades I very rarely return to shit on people that are still holding and when I do it's just some low effort shit posting for my amusement, nothing close to the level of obsession you're displaying.

STAKE is clearly still on your mind, why is that?

>> No.23196730

>>23196502
>>23196502
>btc eth xmr
>i think you still don't understand layer2 and just that moving value to the chain does not necessarily create value to the chain.
i think you dont understand the market. your strategy is too passive, you're thinking this through too hard for crypto. i bet when link was sub 2$, you'd have said "it's just an oracle, there's tens of solutions"
if reddit choose the "NOW" solution, it's a 100% going to be xdai, almost uncontested, i definitely don't see them taking the rocky road of picking either matic or other solutions
but thing is even without reddit, all xdai needs is this "one" token/dapp to move to it, keep inmind that there are definitely many small fish that already are, the chain reaction that will ensue from it will be unreal

>> No.23196751

>>23196684
>why is that
because this is the truthpill. id love to buy back in to stake, just waiting for someone to prove me wrong.
otherwise it can help other anons to realize losses and maybe find a better shitcoin to shill for a month.

>> No.23196803

>>23196730
>your strategy is too passive
i ran out of chars but of course i own shit shitcoin bags like UMA and OCEAN
>if reddit choose
and now it's been two weeks almost since their self imposed deadline's end
they're not choosing anyone
theyre waiting for eth phases and scrapping the project. it's obvious at this point.

>> No.23196831

>>23196502
>sharding
OMG scales with sharding and would always be cheaper than a sharded ETH. Vitalik has said this directly. Sharding is also probably the scaling vector of ETH that has the most potential hurdles to actually being achieved. It is a very complicated approach.

>SMTP
Does not have to occur only via SMTP. Any type of messaging would be captured in my description: iMessage WhatsApp and other texting platforms are the same use case in my opinion. And it’s not about “traffic” per se in the sense of the size of data but in the volume - the equivalent of a “transaction” in blockchain. People transfer value more often than they interact with a smart contracting platform - and I would expect that to continue even with a more mature smart contracting landscape.

And I agree smart contracting use cases will have high throughout too. But I’m not sure we’re far enough along in the development of those technologies to really see the picture of what that looks like long term. Outside of ETH and Optimism, I don’t see a production ready solution that will actually be utilized at world scale. There’s plenty of development still to be done with smart contracting infrastructure.

Not so for value transfer. CBDCs are already being actively discussed at every major central bank in the world. All major retail banks are developing their own coins already. And OMG is developing a scaling solution that can universally translate all of these systems into any item of value. It will be ready soon.

And the best part is nobody appreciates it yet allowing me to accumulate well into the top 500 holders. Smart contracts are sexy, but value transfer is foundational.

>> No.23196849

>>23196803
how does coins like OCEAN or UMA provide value to token holders

>> No.23196936

>>23196730
in fact now that i think about it this is practically a mirror chainlink scenario, it just creeps up on you, the fact that little by little, more and more contracts are using this oracle and not that one.

just imagine tomorrow metamask adds xdai on the list, then the next day UI for bridge get officially released and the average joe has it even easier, all of this isn't larping it's right around the corner

i have seen coins tank because they decided that using "yUSD/TOKEN" instead of classic USDT was better because "yUSD is a yield generating token", i have seen tokens tank because the wallet had a UI bug, the market's collective IQ is fucking apeshit level dude, they will not give 2 fucks as long as the shit isn't a straight up scam, and even then they just might fomo regardless

>> No.23196988

>>23196831
>OMG scales with sharding
but eth scales with sharding, so couldn't network capacity likely always be handled with an appropriate number of shards?
>texting platforms
i see what you're trying to say with this, but i don't think it's correct. for example i have clicked around the internet (requests) way more than i've texted today in terms of actual sends. way more. this is in fact interacting with a server making a request based off in/out if/then operations handled server side to grant me information.
i think at this point we're just arguing semantics as you say below
>smart contracts will have high throughput too
we're really kind of arguing what happens on the internet from 1am to 2am vs at 5pm. fair play.
>Smart contracts are sexy, but value transfer is foundational.
alright i see your argument. this is philosophical. im more interested in mining concrete materials for buildings, sidewalks, roads, and bridges. you're in the tire business. i can respect that.
>>23196849
>how does coins like OCEAN or UMA provide value to token holders
i dont know and dont fucking care its a micro fraction of my portfolio. the hype around these two coins is good enough for a small 2-3x but they could easily evaporate as well.
>>23196936
>just imagine
you keep missing my point. THE NETWORK CAN BE USEFUL FOR NOW. THE TOKEN IS USELESS AND VALUELESS AND IS ONLY USED TO GENERATE MORE STAKE TO DUMP ON NEWCOMERS. what if scenarios are cool, but this is not an eth killer it's advertised to be. it's a bandaid and the wound is healing.

with that im out, will come back in a few hours. hope to hear someone bring me some reason to own stake.

>> No.23197042

>>23196988
>i dont know and dont fucking care its a micro fraction of my portfolio. the hype around these two coins is good enough for a small 2-3x but they could easily evaporate as well.
nice schizo there anon :/

>> No.23197094

>>23196751
>>23196664
Okay, now I understand you a bit better.

Yeah I'm concerned about the token releases too, but I just think the marketcap is still too low for a crypto project that has a working product, that is actually being used. Though I'll admit it's facing some pretty fierce competition right now and the future seems less certain.

>> No.23197111

>>23196988
>i dont know and dont fucking care its a micro fraction of my portfolio. the hype around these two coins is good enough for a small 2-3x but they could easily evaporate as well.
looool doesn't that destory your argument against STAKE. i'm also just holding STAKE because of the hype hur dur

>> No.23197140 [DELETED] 

>>23196988
>you keep missing my point. THE NETWORK CAN BE USEFUL FOR NOW. THE TOKEN IS USELESS AND VALUELESS AND IS ONLY USED TO GENERATE MORE STAKE TO DUMP ON NEWCOMERS. what if scenarios are cool, but this is not an eth killer it's advertised to be. it's a bandaid and the wound is healing.
im not saying the token has profit generating value right now, im saying the market really couldnt give 2 shits, they will just buy it out of hype, xdai has been slowly getting attention from real projects, its just a matter of dice roll on which project will send it into this chain reaction i'm telling you. it WILL happen, you make it sound like i'm larping but there is literally a new player joining in every week, gnosis, commonstack, poap, dark forest, list just goes on dude

>> No.23197264

>>23196988
>you keep missing my point. THE NETWORK CAN BE USEFUL FOR NOW. THE TOKEN IS USELESS AND VALUELESS AND IS ONLY USED TO GENERATE MORE STAKE TO DUMP ON NEWCOMERS. what if scenarios are cool, but this is not an eth killer it's advertised to be. it's a bandaid and the wound is healing.
im not saying the token has profit generating value right now, im saying the market really couldnt give 2 shits, they will just buy it out of hype, xdai has been slowly getting attention from real projects, its just a matter of dice roll on which project will send it into this chain reaction i'm telling you. it WILL happen, you make it sound like i'm larping but there is literally a new player joining in every week, gnosis, akro, commonstack, poap, dark forest, list just goes on dude