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24996404 No.24996404 [Reply] [Original]

Here's why The Graph (GRT) is NOT overvalued right now.

I'm a dev in the crypto space, and this tech is literally changing the core of our business in a good way. We all know that it's being used by almost every major crypto project in existence right now, but I want to stress the importance of the tech as it stands today.

In crypto, it doesn't matter if you product is superior in technology; otherwise, ETH would be dead in the water becuase it costs 5$ in fees to send $3.

What matters is being FIRST, being good ENOUGH, and being USEFUL. That's why PRQ will always be the inferior project, despite possibly having better technical design.

So, why is GRT not overvalued?

It has major institutional backing (I know a few people who, like me, say it's completely changed their business).
That means that it has room to grow- it ACTUALLY creates value for people looking to make dapps or do easy financial/smart contract analysis.

Think about that for a second. Of all the projects in the top 10 market cap, how many of them actually create value to the ecosystem? 2, maybe 3? The rest are all really just clones with a slightly "better" way to handle payments, but are long-term dead in the water if they recieve no adoption.

GRT grows because:
1) It was the first, which is a huge advantage in crypto.
2) It provides value to everyone in crypto, meaning it's extensible enough to change the entire ETH (& beyond) ecosystem.
3) Even with the future GRT distributions, the coin will still end up in the top 10 becuase of its niche.

LINK = Bringing outside data to the blockchain world.
GRT = Bringing blockchain data to the outside world.

Both are important, but for crypto projects the value of GRT is more important. So if you think crypto will be more widely adopted in the future, you should see at least a 2x from the price right now ($.70) before it starts to reach levels of it's actual value.

If you missed LINK, get in ASAP. This project is literally making crypto history.

>> No.24996565

So what is your EOY price prediction for 2020 and 2021?

>> No.24996649

>>24996404
Holy bagholder cope LMAO

Also tl;dr you dipshit

>> No.24996659

it's dumping hard right now
it's over

>> No.24996702
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24996702

>>24996404
$3.50 spike confirm.

>> No.24996734

>>24996404
>What matters is being FIRST
yeah tell that to myspace, fag

>> No.24996749

>>24996565
2020, I predict 90c. That's where people will have profited so much that they'll take gains, due to the psychology behind breaking through $1.
2021, I'm guessing about $1.50 to $3. This is a lot harder to guess.

>> No.24996766

>>24996404
> I'm a dev in the crypto space
Stopped reading here

>> No.24996779

>>24996734
myspace isn't crypto, moron.
Does your mother look ashamed when her friends talk about their children?

>> No.24996790

>>24996659
Lmao, down 7 cents from ath after continuous pumping for days? That's a pretty shitty dump

>> No.24996791

>>24996404
Give up anon, we had a fun time these past 3 days but sadly the momentum is gone
It's over for the coin

>> No.24996811

>>24996749
your 2021 guess is absurdly low
you're operating from a current crypto market cap perspective, which will be 20x a year from now.

>> No.24996844

>>24996811
You have to consider the new injection of tokens into the network- after 6 months, the supply goes way up.

>> No.24996869

>>24996734

Pretty sure the dude who made Myspace sold it for like $500MM and has been living comfy ever since.

So get checked athiest.

>> No.24996895

i'm holding to $5

>> No.24996910

>>24996844
so you take profits right before and buy the inevitable dip. ez

>> No.24996927

>>24996791
lol nope, just the beginning lad!

>> No.24997763
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24997763

>>24996404

>> No.24997839
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24997839

>>24996779
>Does your mother look ashamed when her friends talk about their children?
Kek, fucking brutal

>> No.24998597
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24998597

>> No.24998653

It's not generating revenue rightnow, they're still on the centralized testnet for months to come before they'll fully move to the decentralized mainnet

>> No.24998674

Also fully diluted is at 7.5B rightnow

>> No.24998700

>>24998674
Filecoin had a fully diluted cap bigger than BTC at one point. The fully diluted meme is retarded. By the time there are 10B GRT on the market, in 2025, crypto will have a $50T cap.

>> No.24998722

As a Boolean parsor inspector I concur with OP, the formula underlying the parsor Boolean retrieve functions contain some cumulitive hydrogen functions that cause a discontinuity with the feedback of the mathematical essentials in the main graphical infrastructure.

>> No.24998782

>>24998700
Filecoin is a joke and the most overvalued crypto in existence that only got its value because of heavy market making on exchanges from VCs

GRT is already a top 10 coin.. Top 15 if you account for the supply that'll come in 5 months, I wouldn't say it's massively overvalued but it's starting to look shaky.

>> No.24998817

>>24998782
I am torn between on the one hand the fact that fully dilated value is already high and early investors bought for like 3 cents and it's up now tremendously and on the other hand that this project is Chainlink 2.0 and so there is still much room for growth.

>> No.24998847

fuck you I'm not buying your bags

>> No.24998880

Does anyone here know how I can stake the GRT I have? I have it all put in Coinbase Pro.

>> No.24999028

why the fuck is this not available in new york.

>> No.24999039

>>24998597
this is a pajeet level meme

>> No.24999127

Dear Mr. Anon

Our analysis has shown that you are one of the last private holders of the Graph technology, with 600 of the coins remaining in your wallet. We would like to offer you a more than fair payment of six Million for all of them, of course, we are open for negotiation.

Yours faithfully
CEO of something

>> No.24999165

>>24999127
"No."

>> No.24999208

>>24999127
six million per coin and i'll consider it

>> No.24999265

>>24999127
s-sorry I only have tokens..

>> No.24999281

This thread REEKS of Ranjeet.

>> No.24999292

>>24999165
>>24999208
>>24999265
Based

>> No.24999327

>>24999127
I want a mansion in mumbai and 10 wifes with big asses.
>>24999281
Ah sir, i see graph is missing in your portfolio, let me fix that with your team viewer code to see what is wrong with [insert exchange] and help you.

Your official Bitcoin support team.

>> No.24999476

Show some on chain code OP. it doesn't have to be a lot, but something so I know you're not bullshitting.

>> No.25000498

>>24998597
cringe

>> No.25000579

No, I no longer buy pajeet-coded projects, better stick with PRQ

>> No.25000660

>>24998782
....You think crypto will make reasonable price discovery on a limited amount of tokens based on a event that occurs 6 months from now? cool

>> No.25001123
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25001123

>>24999281
They're fuding this not shilling it