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24803381 No.24803381 [Reply] [Original]

Api3 general thread

>> No.24803453
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24803453

>>24803381

>> No.24803511
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24803511

>>24803381
Based.

Comfy bagholder right here. I'm thinking $10 sometime mid next year likely.

>> No.24803515

Why dump u went to bed expecting $3 today but I wake up and see we're bleeding out back under $2 again wtf when is this piece of shit going to moon

>> No.24803553

the only coin that matters

>> No.24803620
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24803620

relax fags, MM knows what he is doing. once bombs drop, linkies will fomo hard

>> No.24803875

>>24803515
This sort of token is a 6 month hold for maximum gains. Your neuroreceptors are all shot from le crypto gains.

>> No.24803927

>>24803875
ETH is about to moon though and I've lost half my stack gambling, I'm desperate to get it back. I know this is legit but if it goes to $5 and ETH is $1,200 that doesn't help me any.

>> No.24804234
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24804234

It's all over, Better to be a nocoiner than api3 holder at this point. Give up. All in Tomo or stay poor.

>> No.24804309
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>> No.24804329

>>24803381
Based

>> No.24805222

The main problem that API3 is addressing, is the problem of inherent centralization caused by generic oracle solutions. By acting as a first-party API provider for Web 3.0, API3 allows data sources and data requestors to be connected directly, without having to go through a middle-man. This next generation of Oracle will be referred to as a Decentralized API (dAPI for short). The fact that data goes directly from the source to the requestor, without going through a middle-man, means that it is more secure and also more cost-efficient than an alternative solution that employs middle men.

To breakdown why API3 is more secure than traditional solutions; Oracle networks essentially take data from multiple nodes and aggregate them into a single answer. This single answer is an aggregate of all node operators answer. This function is essentially a consensus algorithm. As with all consensus algorithms, it is susceptible to dishonest actors. Dishonest actors, or a group of them, can collude to skew the data, or even control it completely, to benefit themselves. See the recent example on Compound, where it appears that malicious Oracles skewed the data and caused $100m of liquidations due to a poor data feed (where oracles returned a DAI price of $1.30).

>> No.24805842

Api3 is most likely the best hold for 2021. Q1 will be one insane pump

>> No.24805917

MM?

>> No.24806089

>>24805917
?

>> No.24806120

I can sense that API3 shills are the same as DMG.
It makes me feel a bit weird that LINKies are pushing this shit, like you bought Chainlink in 2018, made it, and are still shilling garbage in 2020?

>> No.24806175
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>>24806120
Because api3 is the natural progression of oracles

>> No.24806211

>>24805917
If you're referring to the dude above I'm assuming he was referring to a market maker. Whales that fuck around and manipulate a coin to try and create the ideal scenario for a moon mission later down the road.

Don't know if it's actually something that happens or just cope from people holding bags but you will see it referenced a lot around here.

>> No.24806301

>>24803381
any breadcrumbs? you guys are goin to need breadcrumbs... and lots of em...

>> No.24806404

>>24806301
people won't fall for that trick twice

>> No.24806435

>>24806120
The DMG shills were right. It did a 3x in like two weeks and everyone had plenty of time to get out at a profit.

There are two types of shill threads on here. The pajeet pump and dump brigade selling 200k market cap rug pulls, and the whale group shilling that needs a high volume coin to make their money off of. Long term plays that will double or triple in a month but don't have much of a long term future. SRM, COMP, AMPL, DMG, BZRX are all good examples. Guess which group will make you money in the long run.

Sure DMG is a joke now but anyone with a couple brain cells to rub together made their money on that one. Don't fall for your own hype. Every coin is a pump and dump outside of ETH and BTC just to different extremes. Learn how to tell the good from the bad and keep a suicide stack in case it turns out to be the next Link.

>> No.24806453

>>24806301
Pantera, Placeholder, and Digital Currency Group have invested. I'm sure they will take care of things

>> No.24806473

>>24803381
almost 50m cap for a whitepaper with no product

>> No.24806526

>>24806473
Wtf are you talking about? Have you looked up their Github? They have a fucking working beta.

Here's a video of it: https://twitter.com/API3DAO/status/1331905770343067648?s=20

>> No.24806556

>>24806453
yeah i noticed this.. this also made me look into the project more..

https://www.youtube.com/watch?v=JBw19P7-a2o

jake was in early on link also.

>> No.24806726

>>24806473
Welcome to crypto. It's at 30 mill by the way and can 3x without breaking a hundred million. Look at all the garbage with even 500 million market caps.

This will hit $10 like it's nothing.

>> No.24807241

>>24803381
bumperino

>> No.24807287

>>24806435
>Guess which group will make you money in the long run.
Neither? I guess I'm naive but I've never felt the need to shill anything I don't believe in long term. That's a very short list at the moment. But the DMG shill squad had early linkies who already have 6 figures or more. I guess some people are just always hungry for that next little bit.

>> No.24807475

>>24807287
I don't shill shit either. It's a waste of time. There's like 50 people on /biz/ at any given time and 49 of them don't have half a BTC to their name and the guy who does isn't going to invest based on a few posts. The point I was trying to make is it's easy to spot desperation shilling vs. discussion shilling about people confident and interested in the concept. Just realize the difference and remind yourself to take profits, don't get caught up in all the hype when your coin starts pumping.

>> No.24808883

Bump

>> No.24809573

Man this coin is fantastic - we're actually gonna be rich folks

>> No.24809686

I've been contemplating buying this for a week. I've never gotten lucky with small cap crypto. I always get rugged. This one feels different, but I'm sure plenty of gamblers cope with that line every day.