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/biz/ - Business & Finance

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25074617 No.25074617 [Reply] [Original]

back in february i bought xrp at 33 cents using my local currency just because it was the fastest way to get crypto to binance
by the time it got to binance i got unlucky and xrp dropped in price
i bagholded until december where i got lucky because xrp pumped due to the flare snapshot
i sold half my xrp at 50 cents
i used this to buy grt at 17 cents
this morning i sold my remaining xrp at 44 cents
i used it to buy grt at 49 cents
yes, i'm a genius

>> No.25074726

>>25074617
A real genius wouldnt have bought xrp under any circumstance

>> No.25074766

Is GRT worth buying if it ever dips to sub 30s? want a real answer instead of fudding/shills

>> No.25074797

>>25074766
Also want answer for this

>> No.25074804

>>25074766
if you want the real answer then actually read what the graph is all about

>> No.25074828

>>25074766
Token not needed.

>> No.25074840

>>25074617
You are about to lose your shirt. Concrete downtrend on GRT with literally no support. Going back to 10 cents within the next week or two.

>> No.25074850

>>25074617
GRT ABOUT TO GO UP

>> No.25074857

>>25074840
I hope. Would buy at 10 cents.

>> No.25074870

>>25074617
Same. But I used short contracts to multiply the GRT purchase. Definitely have our eyes on the same targets though :D

>> No.25074880

>>25074840
when 2 cents tho

>> No.25074968

>>25074617
will buy at 0.01 and kindly do the needful for village and build toilets for all

>> No.25075010

>>25074828
This. It'll dump to 0.1$ when people realize it. Query fees could be settled with stablecoins

>> No.25075253

>>25074766
https://www.youtube.com/watch?v=iogfRqmDi9Q&ab_channel=EtherealSummit

yes, but you wont see .30

>> No.25075342

>>25074766
if you want a real answer. Then stop fucking taking advice from strangers on a random image board you fucking faggot. And DOYR.

>> No.25075773

>>25074617
So this is the new chainlink? All this XRP FUD literally makes me want to buy this dip

>> No.25075805

>>25075010
This is like saying anybody could make a functioning search algorithm like google. It's not the idea that's great, it's the delivery and performance.

Imagine being this new.

>> No.25075861

>>25075773
no, this isn't the new chainlink
this isn't the new anything
i don't want to shill with the easy "google of blockchain" narrative so most probably just dyor
all i'm going to say now is this is the comfiest hold i've had since eth

>> No.25075979

>>25075773
It's quite stable at .5
Even yesterday's dip bounced back quite well.

>> No.25075982

>>25074857
>>25074766
>>25074797
I'm gonna fud because that's the analysis I came to. In my opinion, it is not going to be the next link for traders. Note my wording. Without GRT the company was doing just fine, indexing the blockchain and building special APIs. It's a fully functional google of the blockchain or whatever. GRT seems like a random afterthought. They should have just made their company public instead of releasing a token.

Here's my list of reasons I opted out:
1) Current market limit. If GRT got as big as LINK in MC the best it hits is $6. It's only got a 10x left from 50c.
2) Release schedule. In 6 months a cubic shit ton of tokens hit the market. So you have to be positioned in 5 months. Long term holders are fucked.
3) Everyone already uses the tech. There's no new people to convert for big players. Its already baked into the price.
4) It's probably pretty simple to get your dev to index your blockchain like Graph did when you have access to the developer JSON RPC interface of your own blockchain. I doubt it would take more than a week to create a replacement API if GRT tries to extort you. It'd be fucking annoying to migrate away, but it wouldn't be worth a tax on every API call for the lifecycle of your DApp and stay with GRT.

My initial impressions that it was all hype, and people were buying on buzzwords and ideas, but didn't fully understand the service and vastly overestimate the gravity of it. Google of blockchain is a good example. THis is fucking great to ride up, because price is based on marketing not tech more often than not. But the real whales, the multi-million dollar investors will go in and hard core investigate. And I suspect they'll come to similar conclusions. Namely it'll max out at $1 within 12 months. I could be hilariously wrong, it could be the next fucking chainlink.

Chainlink and GRT share the same limitation. The blockchain application space is fucking small. Just go look at the daily user lists of DApps.

>> No.25076012

>sells bag holder coin for another bag holder coin
incredible

>> No.25076067
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25076067

>>25075982
MVP ! Thanks for blackpilling folks on GRT, the most manipulated token i've ever seen. Fuck the discord fags.

>> No.25076711

>>25075982
Spotted the newfag, GRT is already 50% of Link valuation, You can't do a fair comparison without using the same % of circulated supply, This is beyond retarded.

GRT is overvalued af rightnow, It doesn't even generate any revenue for now and probably for the upcoming year.

>> No.25076881

>>25076711
fuck GRT is gonna make us so rich

>> No.25077339

>>25076881
It doesn't do anything...

>> No.25077340

>>25075982
Basically that guy is right.

Yet it reminds me of $rlc fud.

Token wasn’t needed before. But now it will. And yes any big team can code something similar of course. Yet they won’t.

Also I TRULLY DOUBT their won’t be anything new to The Graph.
With Chainlink when they got into billion mcap Sergey started to hire skilled people and made nice partnerships as well.

Even Statera is trying to innovate, on a project they have no hands on the code...
(Everything is in a smart contract they can’t modify. Don’t ever buy Statera btw)

>> No.25077490

>>25075982
hilariously wrong. capped for future. thanks.

>> No.25077552

Anyone else think GRT came out suspiciously close to XRP's downfall and is all of a sudden where XRP money is flowing to as a retreat? That's what is keeping the price stable right now boyos. The new king of shitcoins is here, watch it moon to #3.