[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 16 KB, 400x400, J7cviZZY (1).jpg [View same] [iqdb] [saucenao] [google]
25760505 No.25760505 [Reply] [Original]

>> No.25760707

>>25760505
Dunno bro, but this is by far the comfiest hold. Aside from prestaking giving the USDL stablecoin (which they actually opened the window 1 more time right now on Biki), the tokenomics are fuckin sick. 33 billion tokens to be permanently staked, 33 billion burned to hand over network control from devs to holders, and 13 billion more unsold presale tokens burned not to mention a team that actually has a chip on their shoulder to create something truly decentralized.

WAGMI.

>> No.25760798

I literally sold the bottom in november after i dropped in 2 eth at launch

>> No.25761093
File: 119 KB, 225x227, 1608780666673.png [View same] [iqdb] [saucenao] [google]
25761093

>>25760707
I've never been this early before but you're right , this is true comfort

2021s gonna be a wild one

>> No.25761212
File: 1.65 MB, 2770x1590, Screen Shot 2021-01-06 at 9.03.46 AM.png [View same] [iqdb] [saucenao] [google]
25761212

The fact that over 60-70% of the tokens are staked for months and months is extremely bullish. I would wager that over 50% of the people who hold this coin, this is like a smaller moonshot and we already have nice portfolio's of other coins. Which means it's not going to get swung out of desperation. It's more of a sit and chill while it slowly moons kind of coin.

The only downside is that there' s a long ways to go before it gets mainstream adoption for real world use cases. But the tokenomics and quality of the team just really outweighs that.

It's a very comfy hold man. The team was extremely smart with how they released the pre-staking like that, and also how they came out with such a strong roadmap and just kept hitting milestones early. Honestly, if they released a 2-year pre-staking, I would probably do it without even thinking.

What are other anons price targets? I haven't run the numbers but getting to 25% of Tron's average price would put us at 1c, and we have way less supply. Does anyone think that .01 this year is possible?

>> No.25761272

How do I buy this? was gonna buy a stack tuesday.. Can I hold on metamask? ty frens

>> No.25761474

>>25761272
Uniswap and yes Meta or Ledger. Trust me on this one anon, this is a really good hold.

>> No.25761633

>>25761474
This. I'd suggest using MM's built in Hardware Wallet integration. Keeping any significant amount of funds on MM is bad practice imo. You don't wanna lose these when they have so much potential.

>> No.25761809

what are your holds on this one anons is 500k a decent stack?

>> No.25761842

>>25761212
I can't see this not reach a cent before the end of the year. The crypto community likes the fundamental idea of crypto and the devs are upholding this by the way they are managing the project. If the market cap did hit 1 billion, divided by the MAX supply of 21 billion, this would be .04 cents.

>> No.25761943

>>25761809
Anon, get at least a million stack. If you do so now, every .01 will be 10 grand. Obviously, 1 dollar would give you 1 million dollars, and 21 billion market cap isn't impossible (21 billion mkt cap / 21 billion max supply), but let's keep it conservative.

>> No.25762024

>>25761474
>>25761633
Thank you. I've been looking into it here and there last week. I'm definitely sold. How high do you think this could go by EOY and what's your sell point?

>> No.25762036

>>25760505
I could've have bought so much of this shit months ago. I threw literal lunch money at it and even sold that.

>> No.25762039

>>25761809
Thought the suicide and make it stack was 2m and 20m?. Might've changed not sure

>> No.25762544

>>25761809
>>25762039

It's an early stage project without the 2nd level Dapps being projected/speculated on, so it's a bit hard to say. By contrast, with LINK in 2017 we knew about the possible use cases because of the nature of the project. With this it is a bit more of a grey area. However, a 1M stack is only about $1.3k right now, so I'd say that's a suicide stack. I'm not comfortable calling a make it stack. 1M right now is a no brainer. You will literally not lose money within the next year, due to how the team rolled out the staking, roadmap, and project management. I would even go so far as to say that if all crypto retraces this year, LGCY will have a much lower retrace just due to staking. For example I bought a 12M stack for about $2k usd. Even if all my alts and BTC crashes 70%, I have almost no reason to sell because I'm staked in for months with a 56% APY deposit.

Just think about the low mcap alongside the fact that 60-70% of circ supply is staked for a good portion of this year. This project might not be a top 10, but it is almost undumpable. It's a very safe hold with a MASSIVE amount of upside.

>> No.25762596

>>25762039
Didn't know this was popular enough to even have had that discussion.

>>25762024
We do not fathom selling Legacy. Remember, dollars are losing their value (10-15% loss each year if not more this past year). This is what you hold so that you are a million for the rest of your life. Perhaps trade it for other crypto when you really make it to allow you to buy other crypto on the rise. Otherwise, why would you want to give it up?

>> No.25762800

>>25762596
I can't buy cocaine with legacy. At least not yet anon.

>> No.25763153

>>25762800
Point well received. ;)

>> No.25763288

>>25762544
You seem pretty knowledgeable Anon. Do you know what impact the announcement of US banks accepting stable coins in the financial realm will have on USDL? For those that don't know, this is what the staking is paying out in; the network fuel and stablecoin USDL (previously called LFUEL)