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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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25159338 No.25159338 [Reply] [Original]

I’ve my buy orders between .25 & .30$. Is it a good entry point?

>> No.25159377

.06

>> No.25159404

utter shitcoin
glad i got out when i did

>> No.25159445

You're buying ICO buyers bag at x10 there, 50k USD each. You're funding their coke and hookers addiction sir. $0.10 !!

>> No.25159566

>>25159445
May they dump harder! I want to stake so I hope it will dump faster

>> No.25159658

You want an honest answer as a 50k grt holder?

wait till jan and buy, price should be at least stable then. This will only drop further upcoming days and that does not mean shit just numbers on the screen

It's only a matter of time, for this to grow and keep growing. Don't be short-sighted and try to imagine, how its going to be utilized in the future when more subgraphs are implemented and used by dapps.

Let me drop some hints for you anon

how closely link and grt are related and they truly complement each other

check this, Yaniv has been working with chainlink (query protocol) and other projects

http://everest.link/project/0xba069cb801930e11a6592df76cd0c5357ea2ca0a/

and he has spoken in the smart contract summit back in August

https://hopin.com/events/smart-contract-summit-0

which was hosted by chainlink. Just truly do your research about the technology and how old they have been in the space for, and you will see how bullish this truly is.

>> No.25159831

>>25159338
when there is a bullish divergence for now it's still not tempting

>> No.25160140

>>25159338
Stop posting about this snitching. It’s dead and done. We don’t care about your drama. This coin will not pump again. Go away

>> No.25160253

>>25159658
You act like 50k is in anyway impressive lol.

>> No.25160334

>>25159658
reddit spacing and cope nice

>> No.25160361

>>25159658
stop trying to make chainlink happen

>> No.25160433
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25160433

>they printed 10 billion coins
ngmi

>> No.25160462

>>25159338
IM BLOCKING ALL GRT POSTS

>> No.25160751

>>25160334
its so easy to identify newfags. people need to lurk a few more years before posting

>> No.25160909

>>25159658

stop trying to get people to hold your bags

>> No.25160949

>>25159338
I honestly think it'll go below .1 in the coming months

>> No.25160990

>>25159338
Minipomp inbound

>> No.25161056

Why are people so angry at GRT? Why do they get so mad? I mean.. I'm sorta new so forgive me.. but doesn't the coin have a good use case and good economics for long term growth? They burn like 2m coins a day with the current usage of the network right? So eventually there will be way less coins and that will drive up the price right?

>> No.25161079

If I wasn't in other stuff? Maybe 10c? Its value is all priced in right now and its freefalling.

>> No.25161095

>>25161056
I guess I just don't understand. Are there actually people on this board attempting to influence the markets with shitposts? I'd assume its somewhat influential considering how many people lurk here. Or do you guys really believe that GRT is a bad project that is going no where? Why?

>> No.25161113

>>25161056
nobody is angry at GRT. even those that say overvalued mostly concur it's a good project

>> No.25161157

>>25160253
Almost 20k in one alt is more than most people can afford. Think he mentioned it to show that he’s got skin in the game.

>> No.25161195

>>25161095
Nobody is trying to actually change the price of an asset that has hundreds of millions/billions in daily volume.
/biz/ is just a schoolyard where if someone can feel a little bit of power by shittalking a good project, or hyping a shit project, then they'll do it just for the feeling of consequence free trolling.
The only proof you need that GRT is a good project is that people are bothering to fud it. Nobody talks shit about garbage products because nobody cares about them. People who bought LINK at ICO have been dealing with much the same thing since 2018 (the fud wasn't as hostile in 2017).

>> No.25161204

>>25159338
Imagine still holding a shitcoin that was only pumped because of the influence of a discord shill group

>> No.25161224

>>25161056
It's all FUD or those that are bitter that the insane pump didn't continue indefinitely. This is like a christmas sale for me I'm filling my bags hard.

>> No.25161319
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25161319

>>25161195
If there is one thing I learned this year.. its not to underestimate how popular and present 4chan really is. I know its an election year but this place is far more popular then we give it credit for. It continues to grow year after year and as the rest of the internet becomes more curated and censored, this place stands nostalgic and pristine. Our influence is quite strong.

Normally I would say this is cringe but I've seen 4chan leak out into my real life on more then one occasion throughout this year. Its strange and disconcerting. This place is supposed to be like the bottom of the ocean.. and it bothers me that its leaking to the surface. None of this has anything to do with GRT and I'm just waxin philosophic. I dunno.

>> No.25161340

>>25161319
dude shiet, newfag detected lol

>> No.25161471
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25161471

>>25160433
priced in.

why are their indexers called nodes? how do you think this data is indexed?
someone on the discord convinced me yesterday

if you compare the cost of 1 developer trying to set up their own indexing solution which will be centralized, which will need them to store the entire blockchain + index (2TB or more of server space), which will need them to have processing power to index, to wait for a long time until the blockchain is indexed, and to maintain this server and optimize their queries
vs
decentralized indexers that will price things competitively among themselves so that they make the most of query fees, the cheapest indexers will obviously ask for as low as possible, as long as they offset server costs, but think about this, if 10, 100, 5000 developers all wanted to pay data from the uniswap subgraph, this is an insane amount of queries, distributed among a huge number of developers, what this implies is that because the indexer will be making bank, they will greatly reduce the price, effectively making each singular developer pay a LOT less monthly than they would have paid if they hosted their own solution

you CANT beat this system, its how chainlink works too, people are also paying to use chainlink nigger
https://docs.chain.link/docs/chainlink-framework#sendchainlinkrequest
>Sends the request payload to the stored oracle address. It takes a Chainlink.Request and the amount of LINK to send amount as parameters. The request is serialized and calls oracleRequest on the address stored in chainlinkOracleAddress via the LINK token's transferAndCall method.

>> No.25161673

might as well get your buys in now, all the fud the past few days has been a coordinated discord short, check crypto diamond on TG from .62 short.

Expect a massive pump tomorrow.

>> No.25161679

Assuming Graph can do already 150B queries per year, And assuming they charge 0.001-0.01$ fees per query. Assuming current state of Graph network we get 150Bx0.001-0.01$=150M-1.5B in ANNUAL REVENUE.

Now, Graph currently is experiencing exponential growth and they'll likely to absorb x3-4 their current size by this time next year (Incredibly conservative estimate considering previous growth which was), Meaning Graph will do around 500B queries per year meaning annual revenue from fees only will be between 500M-5B per year, This is insane amount that not seen in crypto, By the typical measurement of Revenue VS Marketcap in crypto this will mean Graph should take the 2 spot in the whole space as i doubt even ETH does something similar to this.

Chainlink for example has 6B marketcap while generating 40M in revenue in a year, Or maybe i got Chainlink tokenomics wrong, I would like someone to correct me here.

By typical crypto annual revenue VS marketcap calculation of 1/100 (Basing this off chainlink which is one of the most used projects out there, In reality most projects revenue is non existent and closer to 1/5000) Graph marketcap should be worth at the bare minimum 15B, By conservative estimate for next year at the bare minimum it should be worth 45B, For the maximum value (Assuming query fees of 0.01$) it should be worth 150B rightnow and 450B (!!) next year.

Now let's be even DELUSIONALLY conservative and assume 1/10 Annual revenue VS Marketcap which is something Crypto haven't seen as this space is almost entirely speculation based (1/10 is conservative even by stocks measurements) and we get 1.5B value for Graph at bare minimum rightnow, 4B next year at bare minimum, At "maximum" we get 15B/45B rightnow/next year assuming moderate growth of the network.

Those number seem farted but i assure you i tried my best to make it as accurate as it should, The excitement for this project is very justified and UNDERSTATED from this POV.

>> No.25161706

I bought big bags today and if we keep bleeding i got some spare eth to buy more. i think its undervalued at this price and will go back to 70c+ pretty soon.

>> No.25161724

>>25161319
4chan is the white man safe space

>> No.25161847
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25161847

>>25161471
This anon gets it. What GRT offers is the next step after SaaS. It's the "Uberisation" (to use a fuckheaded neologism) of actual software stack performance.
It creates a global marketplace of literally anyone who has their shit together enough to do the work (of running an indexer node), all competing against each other to offer the best, cheapest product. And the rules of the marketplace are mediated by a decentralised system that can't, by design, preference anyone just because they're insiders.
And the way marketplaces like this (and Chainlink) are incentivised is through a pay to play system where participants put a stake at risk, and lose the stake if they fail to perform, while increasing their stake if they perform well.
We are going to see this sort of environment become more and more common. A huge number of jobs in the future won't require an interview, it will simply be a case of "Here are the requirements for network participation. Get your shit together and you can play too." A completely global competitive market with transparent rules and rewards.
And the most awesome part about this whole thing, as retail retard outsiders like us, is that the best way to articulate and denominate value siloed within these networks is through a native token, that retards like us can buy and get rich off of without ever having to learn a single line of code.

>> No.25161917

>>25161056
people try to FUD the coins they don't own

>> No.25162061

I'm going all in, I think .36 cents is a decent price, I can almost 3x my money by the time it reaches $1, which will probably be the first sell off, also I already bought 5k at .20

>> No.25162103

>>25161679
Query fees aren't 0.01$ lmao forget about it

>> No.25162164

>>25161195
I agree, we don't have the power to manipulate the market, but discord trannies and pajeet raids are real

>> No.25162309

>>25161195
>The only proof you need that GRT is a good project is that people are bothering to fud it.
tg pajeet logic

>> No.25162765

>>25161847
>lose the stake if they fail to perform, while increasing their stake if they perform well.
Aka, I get punished for publishing the data that earth revolves around the sun as long as the two other nodes say the sun revolves around the earth.

>> No.25163601

No point is a good entry point for this shit coin.