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/biz/ - Business & Finance


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24079608 No.24079608 [Reply] [Original]

LETS FUCKING GO
Weak hands: Shook out.
Bottom: Found.
Moon mission: Imminent.
With this low a MC and the amount of features to come out in the next few months things are turning up Stakehouse.
>'B-but the token release'
Last ATH of 40 was hit during the token release, this is nothing new
x5 ahead Stakers

>> No.24079676

scam, thanks igor

>> No.24079698
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24079698

>>24079608
Scooped up a tasty stack at sub 7 anon

>> No.24079713

Yes but what about the people saying the token itself has no reason to exist?

>> No.24079753
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24079753

Well, today the DeFi projects have no odds they are created by laymen. I prefer to invest in Dymmax (dymmax.com) several times then give my money to any dilettante!

>> No.24079767

>>24079753
I'd hate my life if I were you.

>> No.24079778

>>24079713
No token has a reason to exist
What is Link doing for you?
Stake staking keeps the network alive and gives emissions, what else do you need? as the chain grows (which it has been constantly) Stake will be more and more necessary

>> No.24079945

>>24079778

Don't forget bridge fees either.

>> No.24080005

>>24079608

New yesterday when there were multiple capitulation threads it was time to buy.

>> No.24080035

Poor anon

>> No.24080057

This thing is a piece of shit that sits absolutely wrong in the timeline. Three years ago it'd have been a good bet for scalability, today it's just too old in terms of technology. Custodial sidechains are going nowhere.

>> No.24080073

>>24079945
Bridge fees will be miniscule when a swap market comes around. Atomic swaps in/out means very little bridge fees.

>> No.24080128

>>24080073
are you retard what atomic swap have to do with bridge fee?
can you atomic swap dai to xdai without xdai bridge?

>> No.24080147

>>24080057
Found the nigga that held from 40 just to sell at 6.50 ahahahhaha, nigga in what way is it too old in terms of technology? you think Ocean would choose to build on a dinosaur? Adoptions have been stacking up in the background

>> No.24080187

>>24080128
>can you atomic swap dai to xdai without xdai bridge?
Obviously, it's a full featured EVM chain.

>> No.24080201

>>24080147
Stopgap measure to be able to launch. I hope you don't think these projects have any sort of loyalty?

>> No.24080266

>>24080187
oh and can it mint xDai with Dai? no it can't. in the end xDai bridge will be used anyway in order to mint more xDai so atomic swap have enough volume for the trade.

>> No.24080274

>>24080201
You think they would be wasting their time if the chain would only be viable for the next few months? regardless what happens with l2s and eth in the future xdai has its place and as shown by the roadmap has plenty of room to grow
Who said anything about loyalty? The fact you believe that theres no loyalty just shows that theyre picking the best option there is right now: xdai.

>> No.24080291

>>24080266
Yes, that's why I said miniscule. Bridge fees will only be levied on net in/outflow which is going to be A LOT less than you think

>> No.24080321

>>24080274
>wasting their time
It's an EVM chain, the move both in to and out of xDai has zero friction

>> No.24080702

Was fudded on biz, when i said its a near perfect entry one or two days ago :)

>> No.24080873

>>24080291
we'll see on that. in the end i think atomic swap would create arbitrage opportunity for xDai anyway and that's more reason to used the bridge.

>> No.24080907

>>24080321
zero friction easy to launch off of chain? doesnt exacrly sound like dated technology like you first fudded, so maybe you mean its a temporary solution in which case i disagree, eth2.0 will take years and regardless of when it releases xdai will work off of it and alongside. plenty outlined in the roadmap in the coming months so i dont see what you're getting at

>> No.24080960

>>24080873
that doesn't make any sense whatsoever. explain the arbitrage opportunity? if there's a lot of flow between eth and xdai then it will make sense to farm the atomic swap market (have a pile of xdai and a pile of dai ready, so you can sell swaps to people without using the bridge) which will create even less flows for the bridge. anyway I'm out of this thread, I've said what I wanted to say. anons can judge for themselves
>>24080907
ok