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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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23521407 No.23521407 [Reply] [Original]

>> No.23521445

>>23521407
10$ or bust

>> No.23521450

>>23521407
it has already found the correct valuation level

>> No.23521463

>>23521407
It's not going to pump.

ARPA on the other hand, may well do.

>> No.23521485

reddit news alone will pump this to $100, but idk when that's gonna be

>> No.23521590

Can those useless reddit noobs close that competition already? What the fuck is it taking them so long, jesus christ. People have already forgotten about it.

>> No.23521718

>>23521590
what competition

>> No.23521747

>>23521718
reddit scaling bake-off, basically reddit chooses best eth scaling tech for their needs.

also xdai will win it.

>> No.23521760

maybe even this week, if anon is right

>>23521027

>> No.23521874

>>23521407
ME AGAIN

XDAI NETWORK DOES NOT GENERATE ENOUGH FEES TO MAKE A PROFITABLE SITUATION FOR STAKE HOLDERS

XDAI FEES ARE SO LOW YOU WULD BE BETTER OFF SWING TRADING 1 STAKE

token not needed, poa network part two

PROVE
ME
WRONG

>> No.23521896

>>23521874
fees from bridge are enough to make a profitable situation for stake holders

proved you wrong

>> No.23521906

>>23521874
so, how heavy are $matic bags? :)

>> No.23521940

>>23521874
You've already been proven wrong in every single thread.

>>23521590
They said they didn't understand some of the solutions, and needed more time to understand them. They probably are still trying to understand Dragonchain. Some of the projects that submitted solutions weren't finished and still aren't. Reddit engineers are retarded. They also freaked out when people started trading moons on other chains... I don't think they understood that decentralized means users can move the tokens around freely. Faggot commies want to try to control everything.

>> No.23521983

>>23521896
enlighten me, show me how much reward you get per stake
>>23521906
being an eth whale has its benefits in that i do not have to experiment with this shit
>>23521940
>You've already been proven wrong in every single thread.
please copy and paste because for some reason all i see is people saying
>lol bought the top
>BRIDGE FEES BRO

which is all a bunch of hot air. no one has been able to even tell me how much theyre earning per day. the best i have received is something like $250 for the entire network for an entire day and if you divide that over all stakeholders its 0.00000000000000000001 dollars per stake or something

>> No.23522010

>>23521983
and youre asking why im on this so hard? because this is THE FUCKING EQUIVALENT TO NANO IDIOTS SAYING IT WILL OVERTAKE BITCOIN

get the fuck off this board. xdai is not overtaking eth. nano is not overtaking bitcoin. i know the first mover advantage has you salty, but this coin is going to zero AND THEREFORE IS NOT WORTH POSTING TO THIS BOARD

SHILL ME GEMS THAT 10X NOT SHITCOINS THAT GO -10 PERCENT EVERY DAY

>> No.23522037
File: 63 KB, 1673x572, wat.jpg [View same] [iqdb] [saucenao] [google]
23522037

OK dickwicks, wtf is this? 4 days ago in the xdai reddit scaling demo
MoonBeam?

There is an upcoming Substrate based Moonbeam ETH compatible chain coming. But this doesnt seem to be what is mentioned here.

So wtf is this?

>> No.23522066

>>23522037
yea i see that too. and this is only project that still update reddit demo on github.

>> No.23522069

dude, first off all, you are a retard. no one said xdai chain will takeover eth, it will live with eth chain hand in hand. it's called ETH SIDECHAIN for a reason. you can dyor about rewards.

>> No.23522112

>>23522069
just ignore that faggot always blubbing the same shit every thread.

>> No.23522117

>>23522066
I'm guessing they are making a new PoA chain called MoonBeam just for Reddit tokens.

Easy to make new PoA chains. Reddit wants a clean chain all for themselves. Probably going to have EVM compatibility and tokenbridge to ETH.

If this is the case, the question is what coin will be used to govern/secure that chain. STAKE? As it is meant to be for many chains, not just xDAI. Or will they have their own governing coin?

wtf
confused

>> No.23522126

>>23522069
how much in fees are you getting per day
this is amazing because once again no one will answer it

im almost starting to believe none of you have even fucking checked

ill wait

>> No.23522216

>>23522126
currently I get 8.2%(staking for a month now) annually from staking, also percentage grows with time until it's ~15% I think.

anything to say about that?

>> No.23522248
File: 56 KB, 1334x635, 188129390120590123.jpg [View same] [iqdb] [saucenao] [google]
23522248

>>23522216
HOW MUCH VALUE IS THE NETWORK GENERATING FOR YOU PER DAY IN FEES

youre making a lot of stake but have you stopped to think about why the price is going down 5-10% per day? it is literally people selling off THAT AMOUNT you fucking brainlet

>anything to say about that?
picrelated

>> No.23522324

>>23522248
either you have a small dick or just bought the top

>> No.23522359

>>23522117
if it's a new chain then i don't think it need STAKE to secure the network.
also txs/day on POA chain is unusually high in the past 2 days.

>> No.23522457
File: 933 KB, 2844x3134, image.jpg [View same] [iqdb] [saucenao] [google]
23522457

>>23522324
lets say i cut my fucking dick off because i bought the top
explain to the dickless idiot how much in network fees the network is producing each day for stake holders

>> No.23522498

>>23522359
STAKE is in theory meant to become a multi-PoA-chain securing token. pic related
I think the idea is that many projects can make their own PoA chain to connect with ETH and each one of them will use STAKE for governance.

As for the POA chain, dunno what happening there. I see the tx increase. Spam? Testing something?

MoonBeam is mentioned as a separate chain tho. I dunno what to think of it. Can find nothing about it.

>> No.23522510
File: 37 KB, 810x293, stek.jpg [View same] [iqdb] [saucenao] [google]
23522510

forgot pic

>> No.23522533

>>23522457
well, you'll get your money back. I don't care, because I bought at $0.7 pretty big amount.

>> No.23522564

>>23522533
>you bought the top
>i didn't buy the top, i actually made 20x
>lol lying cuz justed

impossible to talk your way out of the "bought the top" accusation. so do you have any idea how much you're making per day FROM NETWORK FEES?

everyone knows its inflating like crazy 10-15 percent and that's why i linked the POA network picture in the post above ITS BECAUSE IT USES THE SAME MECHANISM. make POA simply to dump into oblivion.

>> No.23522732

>>23522498
maybe moonbeam is something similar to qDai? xDai isn't only the chain team present on reddit thread after all.

>> No.23522740

>>23522564
okay dude, whatever makes you sleep at night.
idk how much I make from network fees, but as you said, it's not much, if it were, then it wouldn't be such a great scaling solution right? but that doesn't mean it doesn't have other incentives for staking.

>> No.23522826

>>23522732
about qDAI, never heard of it, looking it up

I dont understand why its in the xdai scaling demo if its not related to them. Maybe they are just messing with us. Reddit will probably announce tomorrow that they have given up on it all together, lol

>> No.23522865

>>23522826
>https://docs.tokenbridge.net/eth-qdai-bridge/about-the-qdai-chain
here some information.

>> No.23522896

>>23522740
>idk how much I make from network fees
you should check
and now that we're finally having the right fucking conversation i was trying ot have with everyone during any of these threads, youre starting to understand the fucking point

xdai itself is great
the incentive model is deeply flawed in that the only economic benefit is holding stake makes more stake
however as stake is inflationary, that encourages spending, or in this case, selling.

so if your assets sole purpose is to generate an incentive to sell then the price should decrease daily. stake holders are in for a bad fuckin time when they realize that since the stake token has no network utility it is doomed to be sold off, just like poa.

sorry anons, you bought the wrong project

>> No.23522950

>>23522896
lol, it's not flawed, it's actually pretty good.

it's not that we don't understand, it's that you don't understand.

>> No.23523187

>>23522950
help me understand
because it looks like you're losing this argument quite sorely

>> No.23523375

>>23522950
give some valid points anon. From my POV, you just bullshitting without giving anything solid.

>> No.23523460

>>23523187
I'm thiking about scooping some stake. What do you think anon? Is it the best price now or wait till $6

>> No.23523471

>>23523187
>>23523375

okay, I'm fine with that. It's okay if I lost argument, or am I just bullshitting, idc. but if you really want to know, you have ALL of the info on https://www.xdaichain.com/

>> No.23523511

>>23522896
>>23523187
>https://www.xdaichain.com/for-stakers/stake-reward-mechanics/rewards-in-a-dual-token-environment
DYOR

>> No.23523665
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23523665

>>23523375
>just bullshitting without giving anything solid
literally nothing solid, i think this anon just realized they never actually tried to understand how fucked the tokenomics are
>>23523460
another whale and i may buy back in around $4-5 because we believe it will coincide with the greater market pump in which the gap between high cap and low cap lessens. otherwise if eth whips out a phase earlier than expected will probably just ignore xdai completely
>>23523471
>you have ALL of the info
I FUCKING KNOW I ACTUALLY READ THE FUCKING THING UNLIKE YOU THATS THE ENTIRE POINT OF MY RANT ABOUT HOW THE TOKEN IS DESIGNED TO DUMP AND THE NETWORK PRODUCES NO VALUE TO STAKE HOLDERS
>>23523511
as above

>> No.23523960

>>23523665
Why did you put a pot on your head?

>> No.23523994

>>23523665
phahahhahaha $4-5

well, you tried