The truth about Statera - /biz/ trap

[Anonymous No.24536745]

Fucking kek at the newfags buying this shit. I don't usually post these kinds of warning threads but the recent influx of retarded rugpulls (luigi, booba, etc) might make this seem like a legit investment as a comparison to some people. Take it from a seasoned oldfag, it's not. Many shills with their bags will come storming in defending the project after I expose the scam and it's painfully obvious how inorganic and organized the shilling is.

So a little history for all the newfrens, back in summer of 2020 after LINK finally breached the 2 dollar ceiling, /biz/ suddenly became infested with redditors and other normies, so there was an organized effort to shill them "the next link" and distract them from actual good projects. They took the name of Statera Health, a healthcare company selling various healthcare and biohacking products along with some other health recovery products. They even hired people on fiverr to act as a CEO and other company personell, but these people had no affiliation with Statera health.

And the scam fucking worked, it pumped high in a very short amount of time but dumped pretty fast as people caught on. Now after 2 months this dead pump&dump scheme has come to its lowest point, as you can see from the blatantly inorganic shill threads for the past few days. I'm not sure if it's the normie bagholders from the 2020 summer-pump, or even some the original scammers.

Stay the fuck away, you have been warned. Here is the link to the website proving I'm not larping. They have even taken the logo for the Delta token from them lmao https://www.officialstatera.com/

its a sleight of hand that tricks all the dunning-kruher quasi-brainlets into thinking its something clever. Any oldfag would instantly recognize that the devs are inside jokes, a tranny and a nigerian prince. It's a fucking /biz/ trap for the newfags LMAO.

[Anonymous No.24536772]

kek at the site's logo. actually decent fud for once.

[Anonymous No.24536782]

>>24536745
This board may be full of autists, but they sure have no morals

[Anonymous No.24536784]

>>24536745
>Statera Health, a healthcare company selling various healthcare and biohacking products along with some other health recovery products. They even hired people on fiverr to act as a CEO and other company personell, but these people had no affiliation with Statera health.
Nigga I thought you were trying to FUD, not make the mental retards behind The Burn Token appear more competent than they are.
Statera is a scam because it's made by overly incompetent imbeciles that make EA, Ubisoft, Jagex, Hasbro look competent.

[Anonymous No.24536804]

>>24536745
>he still hasn’t realized it was a ponzi all along

[Anonymous No.24536829]

>>24536772
It's not fud. It's the truth. We organized this pump and dump back during DeFi summer and when deflationary tokens were hot stuff. But I suppose some early buyers with millions of statera thought it would go higher than 46 cents so they didn't start selling until too late. Hence why they are still doing it.

[Anonymous No.24536844]

The statera discord trannies will arrive any minute now.
They will twist OPs logic around and call it FUD, and then spout some shit about the dashboard or something.

[Anonymous No.24536873]

>>24536745
100k sta bagholder here.
What the actual fuck?

[Anonymous No.24536881]

>>24536844
The sad part is they probably will not. They will simply create a new thread and keep shill posting on it and bumping the thread until a new one appears. It's like clockwork.

[Anonymous No.24536886]

>>24536829

Teams still active though. If this was all a summer scam then why do they bother? They prepping for round two of the PnD?

[Anonymous No.24536908]

I am one of victims who bought their bag after consistent biz shilling in the summer at 24c and quite down financially and spiritually. I also missed all the recent pumps of other DeFi and non-DeFi tokens. biz might have been a good place before, but not now and full of scammers who trying fleece newfags like me.

[Anonymous No.24536922]

>>24536886
By "active", do you also take into consideration the Github has had zero activity in months and it has taken them 4 months to develop a fucking dashboard? Wake up.

[Anonymous No.24536927]

>>24536745
>>24536772
>>24536782
>>24536784
>>24536804
>>24536844
>>24536873
>>24536908
SAMEFAG

[Aнoнимный No.24536928]

I’ve come across one interesting player called gotEM. I haven’t seen anything like it before. They have created Pre-sale wallet for each user who would like to receive GTX and x5 profit.

[Anonymous No.24536934]

i’ve also been raped by statera some one needs to put an end to this

[Anonymous No.24536937]

>>24536745
I'm not selling my sta even if it goes to 0 but after this I'm not going to buy more either.

[Anonymous No.24536944]

>>24536922

Yeah yeah but why bother managing a telegram for months on end? I can confirm the team responds pretty quickly on there and answers all questions. This random ass logo is bizarre so keen to hear some more high-quality fud.

[Anonymous No.24536952]

>>24536927
Shut the fuck up faggot.

[Anonymous No.24536969]

>>24536927
No. I am legit down and not fudding. All of the posts are not fud and people are losing money and new coming opportunities here due to this shit coin.

[Anonymous No.24536987]

>>24536908
>>24536969
I'm sorry. You should take it as a very expensive lesson. Read the projects, think about what they do, and ask yourself how they fit into the wider crypto sphere. Look at the developers, their history, and why they think their token is needed. 95% of shitcoins are straight up scams. Here are the red flags which (should) have warned you
>anonymous team
>no use case
>meme economics (deflationary AND balancing? both useless and just allow dumps)
>not an index fund even though they pretend it is
>copy paste of previous pump and dump shitcoins
>no github activity
That being said, you're already down 95%, there's not much point in selling. Wait and hope theres another pump, then get out. I would DCA into BTC and ETH if I were you, spend some more time learning about what a scam looks like before you buy alts.

[Anonymous No.24537006]

>>24536969
oh, and the biggest red flag - nobody can explain what it does. If you can't find anybody explaining what the token does without saying some form of "price go up", then it's a scam.

[Anonymous No.24537071]

>>24537006
Yup.
I trener when they were advertising STA as an Index fund, and after The dump, they started talking that "it's not Index fund " what The actual fuck

[Anonymous No.24537110]

can anyone deboonk this shit? I can't tell whether STA ripped off their logo, or vice versa.

[Anonymous No.24537308]

>>24536944
Because they have no shame. They have millions of statera to keep dumping on the new people lured in.
>>24536987
>>24537006
You are correct. There's a lot of shady stuff going on with Statera yet the bagholders keep denying it if you bring it up.
>>24537110
If you go to the Statera Health Instagram page, you can see the logo was posted 25. Feb 2020, way before Statera the crypto was released.

[Anonymous No.24537340]

>>24537308
Confirmed top kek

[Anonymous No.24537349]

>>24537308

RIP. How did you find this?

[Anonymous No.24537352]

>>24537340
What the fuck? That’s insane

[Anonymous No.24537450]

>>24537349
Because I remember this happening back in June. I didn't need to find anything as I knew what was going on, I'm just surprised some people in the TG have taken this so far.

[Anonymous No.24537479]

Couldn't give a single fuck if its copied.
Statera works, cannot be changed, and if it falls to 0.00001 cent I'll buy the fucking lot and pool it all then retire! :D

[Anonymous No.24537521]

>>24537340
You can edit an Instagram post

[Anonymous No.24537536]

>>24537521
You can also open the IG and check it out for yourself if you'd like. It's all there to either prove me right or wrong. Go ahead, I'm waiting.

[Anonymous No.24537583]

>>24536745
Guys... Megan is threatening to exit the project, holy shit what’s going on

[Anonymous No.24537604]

>>24537536
I mean on the site. You can edit a photo you have posted. You can also change your name.

[Anonymous No.24537631]

>>24537604
So tell me, do you really think this has happened? Come on man.

[Anonymous No.24537652]

Kek , Megan is not leaving. It was a joke you brainlet.

[Anonymous No.24537653]

The team aren't even deboonking it themselves on tg. It's over, isn't it?

[Anonymous No.24537671]

>>24537479
you gonna retire on a bag of tokens no one is going to buy from you again? idiot

[grom95 No.24537695]

What platform do you support now? I have one amazing solution gotem.io. They are going to start IEO on Probit shortly and I am sure they will reach x10 after the listing starts.

[Anonymous No.24537722]

>>24537671
No.
I'm gonna retire via the heavy fees from pooling the lot, you stupid, stupid, stupid, stupid bastard.

[Anonymous No.24537762]

>>24537653
Well, have you considered that there's nothing to debunk? The best bet is to try to not comment on it and hope it just disappears.

[Anonymous No.24537864]

>>24537006
It's been explained multiple times. There's a screencap going around in every thread since august. There's also the whitepaper and youtube videos. At some point you have to accept you're just too much of a brainlet to get it.
>>24537110
What's to explain? The team hired a freelancer graphic designer out of fiverr earlier in the project. The incompetent kid googled statera, saw this logo, and stole it. How does that affect the quality idea of the project though? Literally desperate fud.

[Anonymous No.24537927]

>>24537864
I understand that seeing it for what it really is can be difficult after having invested into it. But what if I'm right? Could someone else who also knew about this tune in, perhaps? Of course it affects the the project as a whole as it directly hurts the integrity of the crypto statera (btw, I propose we start calling it that to not confuse it with the real healthcare company)

[Anonymous No.24537952]

>>24537864
>It's been explained multiple times. There's a screencap going around in every thread since august. There's also the whitepaper and youtube videos. At some point you have to accept you're just too much of a brainlet to get it.
The screencap says the equivalent of "buy and the price will go up because more people will buy". It's nothing more than a scam. And you should know it's a scam because according to you the only "use" of the token is to increase in value but it just tanks day after day after day, so perhaps you should ask yourself how that could possibly be the case. But I guess I'm too much of a brainlet to lose 97% of my eth value. Enjoy the bags.

[Anonymous No.24538056]

Okay, maybe the logo was straight up copied (even though it’s not even similar at all, you would understand if you had any background in graphic design). So what? Oh sir pls no take us to court :((

>>24537952
Pic related

[Anonymous No.24538069]

All this FUD... You'd think there was a dashboard and other updates around the corner... Hehe

[Anonymous No.24538184]

>>24537722
Based.
>>24537653
this just shows how the fudders don't even know what statera does. Literally unkillable.

[Anonymous No.24538217]

Someone needs to make a book of all the Sta FUD.
And sell it in the Comedy section.

[Anonymous No.24538263]

this thread give :bigthink:
Can a sincere supporter of the project take a moment to comment on what the token's purpose is within the phoenix fund? That is, why is it expected to be more profitable than an identical balancer index without the token?

[Anonymous No.24538267]

>>24538056
Not a very good look when one of the most crucial parts of the project has its logo design copied is it?

[Anonymous No.24538283]

>>24538263
This was said by somebody from Balancer. Statera works so well they claim it was made to ”game the system”

[Anonymous No.24538336]

>>24538283
>a perpetual motion machine
is it working as intended and if so, why the dump?

[Anonymous No.24538366]

>>24538336
It's been working as intended the entire time, some pissed of whales just playing their games.

[Anonymous No.24538370]

>>24538267
>has its logo design copied is it?
But.. it isn’t, though? Maybe it was indeed inspired by the company but it’s far from being a copy. Just because someone is saying that tHeY’rE eXaCtLy tHe SaMe doesn’t suddenly make it a fact.

Besides why are people making an issue about this now when the project itself is already seven months old and this thread is not even news, this was known a long time ago already.

[Anonymous No.24538405]

>>24538336
This is answered in literally every single STA thread ever and you know the answer to it too. The pool is currently not large enough to really have an impact on the price.

[Anonymous No.24538448]

>>24538283
>>24538263
Also adding to this, during the time when STA saw more action the pool saw similar levels of volume to Balancer’s much larger pools with a fraction of the liquidity.

[Anonymous No.24538458]

>>24537952
>so perhaps you should ask yourself how that could possibly be the case.
I don't need to ask myself that because I know how the token works. There's literally nothing you can come up to challenge my understanding despite how "thought provoking" and smart you think you are. The simple fact is that my iq is higher than yours and I understand statera, its workings, and its potential.

[Anonymous No.24538564]

honestly, this is really sad. this shit has completely tanked, i feel bad for any bag holders. i was one of them, but i only invested $500 at like .6c back in june.

[Anonymous No.24538628]

holy shit the cope in the tg is absolutely unreal. i feel sorry for anyone that thought this was anything other than a PnD. biz got in at 1 cent and under, and shilled like crazy to dump on you newfags. let's see what's coming up for statera :

A DASHBOARD THAT HAS TAKEN OVER 3 MONTHS HAHAHAHAHAHAHA

abu-bakr is a nigerian scammer.

[Anonymous No.24538654]

>>24536745> Setup 0815 ERC-20 token, switch a few things up. Every SE can figure this whole process out within a single month, if not 1-2 weeks
> Put up website incl. branding/logo - 1 week tops
> Figure out token economics, aka. how you disguise your wallets in hundreds of different wallets
> Setup automatic washtrading bot on exchange to inflate volume for a few days before going public about it
> Once everything previously described is setup, start the shilling campaign
> Set up 5-10 IP proxies per member so a team of 5 can post from 25-50 dynamic IDs simultaneously and frequently
> Start shilling on /biz/ (before expanding to YT, Twitter, Reddit, TG): Make original wojak/pepe memes with logo, use classic /biz/ lingo, post absurd price targets ($100 EOY), push the threads up
> At the same time adjust washtrading bot and pump the price up by selling at a higher and higher price to yourself over DEXs
> Shill even more
> Put up enough liquidity for people to buy into it, at this point you're already making profits as they are buying pre-minted shitcoins worth nothing for money
> Keep pumping the price up with newly made ETH to increase your own ETH washtrading stack
> Post made up gains, make more memes, shill harder
> Keep liquidity and volume up. Continue to sell into buys to increase amount of shitcoin holders but not too much to keep the price down
> Shill harder
> Sell more and more into the new buy orders of newfags making an absolute killing straight away, no matter what price the shitcoin is
> Repeat until people (like me) figure out what you're doing and enlighten enough anons to make you nervous
> See more and more criticism, decide to abandon ship
> Dump everything you have left and absolute annihilate the order book and every bagholder
> Abandon, rebrand, rebuild, repeat

[Anonymous No.24538689]

>>24538654
This is crazy considering they already had founded another useless deflationary token called TheBurnToken. You can see it's still linked as a tag on the Coingecko Statera page.

[Anonymous No.24538725]

>>24538628

[Anonymous No.24538759]

w-what if it pumps again

[Anonymous No.24538767]

>>24538725

cope. gl with your heavy bags, maybe one day you can break even when abu-bakr is found dead in his house in minecraft.

[Anonymous No.24538966]

>>24538759
With the wales unleashing their bags in a relentless fashion it seems a tad bit unlikely to be fair

[Anonymous No.24539206]

>>24536745

Yet another /biz/trap.
I'm still amazed at the number of gullible people who think that in 2020 there's still a chance to jump on a 100x "muh new projectus with le biggus potentialus"

>Mooning Soon™

[Anonymous No.24539263]

Kek. A fud thread for fudders. $1.38 EOY

[Anonymous No.24539552]

>>24538966
>With the wales unleashing their bags in a relentless fashion
Only one whale who will be done in a week or so. Literally nobody else is selling any significant amounts at this point. There's a couple wallets that are selling 10-20k per week but 20k is like 1 ETH currently, waowza.

[Anonymous No.24539729]

SCAMTERA

[Anonymous No.24540127]

So, if whales keep dumping to keep the price down to accumulate more STA, at some point wouldn’t they need the price to go back up? There’s no point to keep it down forever.

[Anonymous No.24540128]

Literally admitting to have copied the logo lol

[Anonymous No.24540212]

adjust your dosage faggots

[Anonymous No.24540295]

>>24540128
You do understand neither of those people are part of the team right?

[Anonymous No.24540317]

ty for the fud, even more time for me to accumulate

[Anonymous No.24540326]

what the actual fuck have my pajeet brothers allowed to occur here, what schizo bullshit is this? are triangles in logos suddenly rare? google delta company and youll find as many company logos as you want to find t hat are fucking triangles, some of them even look really similar to delta token logo, heres the fuckin facts for you retarded faggots

https://sciencing.com/delta-math-6678201.html
delta in mathematics is a fucking triangle you stupid niggers, and the delta token logo is actually just the statera logo with the front end of the swirls folded in on itself,

statera = balance in latin
delta = a fucking triangle

there is no deeper meaning, this medical company has nothing to do with statera and noone ever claimed it did, this is high tier larping from pic related

[Anonymous No.24540344]

>>24540295
Don't you get it. There is no team. This whole project is a gaddamn ghost town. There. is. no. Abu-Bakr. in. HR.

[Anonymous No.24540383]

>>24540344
Rent free

[Anonymous No.24540401]

>>24538263
you dumb piece of shit, its literally outlined for you in the whitepaper

market cap = supply x price

As an example for 5,000 supply at $2: $10,000 = 5,000 * $2

Whenever STA is traded between wallets, 1% gets burnt. Now let’s assume two things:

1- Volume of 50,000 STA gets traded, causing 500 STA to get burnt reducing the supply to 4,500

2- Ignore the demand/price force for STA’s utility (for now)

Since we are ignoring demand, the market cap will remain the same. This burn will therefore cause price to increase:

10,000 = 4,500 x p, which means price should theoretically be pushed to 2.22.

This price increase will cause the STA value in Balancer (or Phoenix) to increase, forcing the pool to rebalance. Rebalancing means selling STA and buying the other 4 coins to keep the percentages as initially agreed upon (50 ETH / 20 STA / 10 BTC / 10 SNX / 10 LINK). Now remember, selling STA will cause STA to be burnt again (supply decreasing), causing a ripple effect: the cycle will keep repeating itself at a decreasing rate, even if no further human-triggered trades happen.

[Anonymous No.24540422]

>>24540401
Now we can talk about STA’s utility: why would people demand STA? What does it do?

Balancer gives a return of 1% of total transactions volume that happened from all the rebalancing. Remember, rebalancing does not only happen from STA’s ripple effect mentioned above, but it also happens when the other 4 coins move in price (which by the way means more STA is burnt). That 1% on volume does NOT mean you get 1% on what you are pooling. It means the following:

Example: if you are pooling $10,000 and there is a total of $100,000 being pooled, with a 24h rebalancing volume of $50,000, then you will receive = ($50,000 x 1%) x ($10,000 / $100,000) = $50. Your daily rate of return is therefore $50 / $10,000 = 0.005, which means an annual rate of return of 0.005 * 365 = 183%. People called Phoenix’s return a scam because they are high, but they are not a scam but actually STA’s genius.

A lot would be very happy with such a return, making them want to pool. You would think that as the pool gets bigger, your portion of the reward gets smaller but remember that when people pool, STA is being transacted and burnt, causing the rebalancing volume to rise and therefore increasing the 1% total reward as well.

The Balancer also balances liquidity / fee income demand: if liquidity providers believe they can get higher interest in other defi, they will remove their liquidity from Balancer. But then this leads to an increased fee income to those who have not removed their liquidity (MINDFUCK). Keep in mind all this burns STA as well.

Now add to the above all the demand action from wanting to buy and hold or buy and trade.

Whether you think it has value or not, no one can stop it. People will want to earn high interest income. Balancer will keep balancing. Statera will keep burning.

[Anonymous No.24540496]

>>24540422
I dunno man. Burn rate looks burned out to me.

[Anonymous No.24540532]

WUUUUUUUUUUUEEEEAHHHH

STOP FUDDING MY SCAM

[Anonymous No.24540614]

>>24540496
ya, the burn rate we saw in august was ARTIFICIAL due to the DEFI BOOM, most if not all uniswap tokens that existed around that time had a similar price increase and following decline, whats your fucking point? we wernt ready for that .40c jump, it wasnt organic growth, biz didnt plan the defi boom to pnd this token, biz is mainly made up of retards that buy high sell low, you're overestimating the avg intelligence of people on this board. people wernt able to easily see what they were investing in and why. if we had the dashboard from the beginning we'd be looking at a completely different outcome, soon (within 3 weeks) we're going to have the dashboard and a marketing push.

[Anonymous No.24540644]

>>24540614
Delusion: the post

[Anonymous No.24540735]

>>24540644
compelling argument, i guess you're right, none of what i said is verifiable fact or anything

[Anonymous No.24540763]

>>24540735

[Anonymous No.24540796]

>>24540763
and what shitcoins are you invested in currently friend?

[Anonymous No.24540808]

>>24536745
I accept what you are saying but why do the refund then?

[Anonymous No.24540885]

It's revealing that all the fud posts are being funneled into this thread rather than the 24 hour old, 200+ replies thread. Is the lead on this fud campaign a simpleton? Can we have a more capable lead installed please?

[Anonymous No.24540888]

>>24540796
API3 and pnk, both in a solid profit. Maybe dont get emotionally invested and you might see some profit too.

[Anonymous No.24541024]

>>24540888
were you also fudding pnk when it dropped 80% before recovering to 10c? i was hoping you'd say you own pnk so that everyone could disregard your posts as pure brainless fud, thanks

[Anonymous No.24541042]

>>24538217
who the fuck thought this reply was funny? Ellen DeGeneres? does Ellen DeGeneres own STA?

[Anonymous No.24541056]

>>24536927
No shit kek

[Anonymous No.24541096]

>>24541024
pnk has an actual valuable product and usecase, statera doesn't. But good luck with your emotions.

[Anonymous No.24541185]

>>24541096
hurr durr court of law, i bought pnk at 5c the same time i bought statera, i sold the pnk at 10c because its 100% a fucking meme, i bet you think fudding sta is helping pnk somehow

[Anonymous No.24541248]

>>24541185
>pnk is a meme
>holds statera

[Anonymous No.24541249]

I found another similar one
http://www.stateraspine.com/

[Anonymous No.24541290]

>>24536922
>muh inactive github
contract is immutable
>muh 4 months to develop dashboard
dashboard has been in development for ~10 weeks
literally and unironically kill yourself you fucking retard

[Anonymous No.24541369]

>>24541248
>statera is a meme
>holds pnk

[Anonymous No.24541385]

>>24538689
burn token holders were airdropped STA when it launched, no one got scammed you fucking idiot

[Anonymous No.24542245]

[Anonymous No.24543169]

I genuinely hope the FUD threads continue for years.
They keep Statera on the front page without the shillers even needing to post, lol

[Anonymous No.24543260]

>>24543169
I have unironically decided to buy a bag because of the FUD. It's almost surreal. I will continue fudding statera myself, of course.

[Anonymous No.24543423]

Lol, power hungry Mods banned me from Telegram for speaking the truth and trying to OPEN THE EYES of the good Statera citizens
They are like the guards at Auschwitz - removing posts on the Internet and gassing people because they have too much influence and can't handle a few truth bombs
I have over 500 million Statera and bought in before it was even coded, yet they treat me like a piece of crap
Well sir, I will not sleep, I will not eat, I will not shower or even pick my nose until JUSTICE IS DONE in the Supreme Court
I have an army of lawyers and over 1027 people online right now posting negative Statera stuff all over the place to drive the price down to zero, at which point I will sell my entire stack.
I have been horrifically abused and I will not let those DEV scumbags in their ivory tower spit on me any more
Consider this a warning.

[Anonymous No.24544322]

>>24543423
Not sure what your game is, fren.You may want to have your medication levels reviewed before you do something rash.