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

/biz/ - Business & Finance

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25958743 No.25958743 [Reply] [Original]

PRQ /general thread/
Reverse Oracle platform: „middleware layer between blockchain and real world“
Marketcap 58 million $ - competitor GRT at 350 million $ marketcap

100 million $ funding acquired by Binance
Link Smart triggers integrated
Huge announcement coming up in a few weeks

Tokenomics
Freemium – Services for PRQ holders, increasing with usage of the platform
Paid – Paid in fiat, resulting in marketbuy and burn of PRQ
Staking in Q1

Upcoming partnerships
SAP
Large insurance company – not confirmed
Automatoive giant already using blockchain (Tesla or BMW)
Binace? as they funded PRQ already

The literal floor is 50 cents right now, because Stansberry Research recommends buying every single PRQ below 50 cents. This will be updated next year of course.

Sources
Binance funding
https://news.bitcoin.com/100-million-accelerator-fund-from-binance-now-supports-parsiq-a-reverse-oracle-blockchain-platform/
Tokenomics
https://blog.parsiq.net/parsiq-epoch-2-0-tokenomics/
Link integration
https://blog.parsiq.net/parsiq-now-allows-chainlink-price-feeds-to-be-used-as-smart-triggers/
Parsiq Q&A
https://medium.com/parsiq/parsiq-q-a-7-a53991a58070

Buy it at Uniswap
https://app.uniswap.org/#/swap?outputCurrency=0x362bc847a3a9637d3af6624eec853618a43ed7d2

>> No.25958782

First for nothing interesting to say. 12k PRQ here

>> No.25958805

Generals are for fags.

>> No.25958809

>>25958743
100k make it stack
10k suicide stack

Anything else are newfag lies.

>> No.25958812

>>25958782
we're hitting ATH levels soon. 1$ EOD

>> No.25958848

>>25958809
This isnt link fren
We going much further than that

>> No.25958889

>>25958848
I expect 10$ EOY

50$ EOY 2023

>> No.25958927

>>25958889
Excellent

>> No.25958991

>>25958889

$50 is FUD. if Link goes to $250 this goes to $1000.

>> No.25958994
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25958994

First for fuck the telegram mods and the boomers over there

>> No.25959002

>>25958743
Why would people buy the token if it is highly priced if you can just buy the services with fiat? Does that mean that if the token costs 10$ you get the same services as with 10$ fiat and the freemium services on top? Isnt that a case of token not really needed then

>> No.25959140

>>25959002
Fiat buys are converted to PRQ buys in the background, resulting burn+marketbuys

Also new tokenomics coming in the next 2 months will make customers hold a shitload of PRQ to use their "free" tools. So supply will shorten a lot!

>> No.25959229

>>25959002
From what I understand the freemium model is where the user can use the service by holding the tokens however they can borrow the tokens from people who are lending. When they borrow they pay the interest that the borrower receives which could be less than the token price for the equivalent services.
When the token price goes down then paying in fiat might be cheaper then holding so more fiat payments will go through which will then make the token price go up again which might make the freemium model the cheaper then.
It becomes a feedback loop where it eventually converges to the best token price.

>> No.25959697

>>25959229
exactly

>> No.25959809

>>25959140
The numbers at @parsiq_net are so dismal, especially advertising revenue, that big help will be needed fast. A once great institution – SAD!

>> No.25959810

I'm not buying this if its 20% up. Calm down already.

>> No.25959844

>>25959810
You had 6 months

>> No.25959851

>>25959810
Breaking ATH today. Regret and seethe. Looking forward to the pink wojacks and complaints we "didn't tell you."

I've literally been arguing telling people to buy for weeks and this is their argument against it and they were wrong. Every time.

>> No.25959883

I can't believe I didn't top up my bags at 42-43c

>> No.25959937

This is just a basic telegram webhook wallet, who the fucks buys this at 50m mcap.

>> No.25959947

>>25959810
This
I told you guys yesterday that I am NOT fomoing at 60 CENTS YES I AM SEETHING THAT IT IS NOW ALMOST 70 CENTS BUT I HAVE IRON HANDS AND I AM NOT GOING TO BUY THIS AT FUCKING ATH BUT IT DOES HURT AHHHHHHHHHHH DROP DOWN YOU PIECE OF SHIT

>> No.25959968

>>25959851
Fuck me, the shilling hits me. I'm buying some. Watch it come down now.

>> No.25960070

why would you buy tokens that are meant to be used in a niche set of apps aimed at businesses? a token that is not even needed since you can also pay with fiat?
i could see it being a good buy in the short term since /biz/ sentiment is good and it might get listed on bigger exchanges eventually, but as a long term hold it's ehhh imho. the fundamentals aren't that good and the usecase is too niche. i don't see the average user of parsiqs apps cleaning out the retail order books especially regularly if you know what i mean.

>> No.25960094

>>25959947
I totally undestand its always more comfy buying the dip than ATH and be nervous if it dips 10% and crab for a week. Just jeep in mind that at the end of January huge defi integration will be announced so don't hesitate too long.
Any dip to 0,55$ should be insta buy.

>> No.25960258

>>25960094
I think that people will just sell the news and it'll dip by then desu, honestly I just want to get in before the inevitable exchange listings happen
But yeah, I think buying in at 50 cents is unrealistic right now, the price consolidated at 60 yesterday so anything at 55 will be nice to have. Might think I will miss this one but goddamn I hate seeing the price go up

>> No.25960361

Why are we pumpin prqchads? I want to accoomulate more

>> No.25960386

>>25959947
I follow that same strategy, never buy on green days. But I had to switch that up for projects as strong as PRQ, my strategy for these types of FA gems is buy 1/2 or just some of the total you want to invest. Keep 1/2 in cash to buy in case of dip. Cuz there's nothing worse than knowing and watching it skyrocket from the sidelines

>> No.25960415

>>25960070
Based dunning-kruger retard

>> No.25960443

>>25960415
explain what im missing then

>> No.25960508
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25960508

whales do your job, dump it ffs

>> No.25960529

>>25958805
Based

>> No.25960606

>>25960386
Yeah, honestly I should've seen the pump coming. I'm now thinking about buying in 50% of my initial investment and DCA down, but I have a small gut feeling that I might be better off waiting until the news has been announced. What do you think?

>> No.25960691
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25960691

I remember when threads got 2 replies, now we have two generals at the same time. WAGMI

>> No.25960744

>>25960606
We're not even pumping due to news. Once the news drops its straight to over a dollar and a pullback will probably have a floor of $1. So buying now is actually the only moment you have before getting priced out.

>> No.25960800

>>25960744
I am already priced out kek
But you might be right, it's dumping slightly but the reason of the pump is definitely the news hype
fuck it i'm going in half

>> No.25960806

Another fine day tending to my parsnips, it ain't much but its honest work

>> No.25960810
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25960810

>>25960800
Checked
And based

>> No.25960879

>>25960800
Checked. WAGMI

>> No.25960924

>>25960810
How many parsnips for that ultra rare card?

>> No.25960935
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25960935

>>25960070
so no one can answer this?

>> No.25961024

DOT is waiting for you & only you!

>> No.25961030

>>25960935
Institutions/Corporations won't be paying in fiat they will have to pay in PRQ tokens. Also even if you pay with fiat you are still buying PRQ tokens. It's just for boomers, a dollar amount is alot more approachable than a PRQ amount.

>> No.25961073

>>25961030
>Also even if you pay with fiat you are still buying PRQ tokens
from where? which exchange?

>> No.25961147

>>25961073
From my understanding, Parsiq themselves convert your cash to tokens OR they burn some in respect to the amount of fiat paid. I don't know fully anon, I did my research months ago and it was enough for me to buy in. I remember your question was a massive part of the discussion on /biz before PRQ was heavily shilled. Go on waruso or DYOR

>> No.25961195

>>25961073
It will be through the IQ protocol that is being released this quarter.

This is my understanding of it
>>25959229

>> No.25961203

Damn, alright; I'm assuming that even a 50c dump is unlikely.
But if it does I'm thinking of getting rid of my XCM stack to break 2k PRQ, then just focus on XCM with fiat, since it's probably going to be more stable/pump less.
Thoughts?

>> No.25961223
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25961223

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

just found an old pic of me selling 9000 parsnips for just 500 bux AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.25961282

how many parsnips do i need to make it?

>> No.25961316

>>25961203
XCM and prq are now pumping. You do you but I would hold small stack of Xcm just for sure. And it would be good to have for stacking.

>> No.25961387

>>25961147
>>25961195
i get the impression that it's not really clear what the tokenemics really are then, since you two who seem to be well researched can't give a clear answer. i get that it's probably been more discussed in the past but i can't be fucked to crawl through waruso for it, been lurking prq threads a while but see mostly speculation of what the price might be and not technical stuff, a lot of noise to wade through for a newcomer like me

>> No.25961428
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25961428

>>25961282
10k

>> No.25961469
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25961469

>>25961223
That's a big OOF! from me lad. Unlucky, still, nice return.

>> No.25961512

>>25961387
Shut the fuck up, stop trying to bait people into spoonfeeding you, all the info you're looking for is in these 2 articles.

https://blog.parsiq.net/parsiq-epoch-2-0-tokenomics/
https://blog.parsiq.net/parsiqs-new-iq-protocol/

Go read it first you lazy nigger, THEN you can ask questions. If you're a newcomer heres rule number 1: DO YOUR OWN RESEARCH

>> No.25961530
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25961530

>>25961469
t-thanks :(

>> No.25961540
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25961540

>>25961387
So you can't be fucked yet you are here telling us we should be? For you? Are you fucking serious?

>> No.25961550

>>25961223
we've all done dumb shit like this. personally did similar mistake with xcm. all part of lessons in life.

>> No.25961556
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25961556

>>25961387
Fair enough.
It has only been discussed at the end of the 3hr AMA.
They are going to write a paper with the mathematical equations behind it explaining how it works.
I get the impression that they want it set in stone before they will explain how it will work so they can commit to what they propose.

>> No.25961562

>>25961550
>all part of lessons in life.
"never sell good projects" ?

>> No.25961578

>>25961530
If it's any consolation, I lost 250 in a bet on trump.

>> No.25961583

Is it time to sell my link for this?

>> No.25961591

Why the fuck I didnt buy more than 100k at 0.02
Ree

>> No.25961607

>>25961583
It's been that time for a while.

>> No.25961661
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25961661

We just integrated AAVE. Moon incoming! We fucking warned them.

>> No.25961685

>>25961661

huh? did they just announce aave?

>> No.25961704

>>25961562
for me it was: ''if you want to try swinging, try with a smaller part of your stack''

>> No.25961748

>>25961550
I dumped XCM right after the ico for 0.01, had 2 eth in it lol.

>> No.25961753

>>25961704
fuck i also learned this the hard way, turned 18k prq into 12k prq by swinging with my whole stack
funny thing is if i waited a few weeks i would have 30k

AAA i keep making bad trades yet am still massively in profit holy fuck man

the 9000prq i sold for 500 is what i ended up putting in xcm because i thought it would go up sooner

>> No.25961878

>>25961512
thanks for the links, but they seem to confirm that fiat will still be an alternative (even other cryptos), and token will still not be needed. no need to be rude
>>25961540
i assumed you people knew the absolute basics of the project and could answer questions about it, i wasn't telling anyone to crawl through the archive for me. you should learn to read.
>>25961556
aight thanks for answering and not calling me names. not convinced about this long term but i might be wrong, i usually am

>> No.25961988

>>25961685
Yes, just announced AAVE.

>> No.25962003

>>25960258
Holy shit just listen to yourself
Just fucking buy it now and hold for a few months at the very least
You will have more money in August than you do today Jesus Christ

>> No.25962021
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25962021

>>25958743
Good morning Parsiq chads

>> No.25962026

>>25961685
https://blog.parsiq.net/aave-custom-streams-now-available-with-parsiq-monitoring/

>> No.25962050

>>25961878
If have the 3 hours spare I would recommend watching the AMA. Anatoly goes through how Parsiq fits in the blockchain, how the token fits in with their business and briefly into the IQ model.
They are essentially treating the token as something that will unlock services for the users that want to use the service and as kind of like a stock for investors.
Fiat payments are meant to market buy a portion of the token from what I understand but will know more when the tokenomics are fully realised.

>> No.25962088
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25962088

>>25962021
It's a great fucking morning lad! Get a cup of coffee and get comfy. Looks like a fun day ahead.

>> No.25962381

i cry
Bought 177k for 10 eth (3.5k):
https://etherscan.io/tx/0x7313354ecc2f427ca603c12ec4f296df1093e8cd749a7198c7bfcaf8cdbec3c9

Bought 190k for 17 eth (7k):
https://etherscan.io/tx/0x73cd09feac114dac56d860344dd0cf403d6ffc35918f025f7a742cf6e9b1e3d5

>> No.25962411

>>25962381
Dont use this wallet anymore but fucking end me.

Look at this:
https://etherscan.io/token/0xfe2786d7d1ccab8b015f6ef7392f67d778f8d8d7?a=0x913364db348274c2332b4f1163d8d701bbbefbfb

I could have 300k usd+ off a 10k investment.

>> No.25962479

$1 EOD easy. Let's gooooo

>> No.25962482
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25962482

>>25962088
checked. nice dubs brother. probably loading up more on my position while I'm at work.

>> No.25962632

>>25962411
Its ok anon you will still make it holding PRQ

>> No.25962741

ATH broken

>> No.25962770

>>25962741
Not yet. ATH is 83c.We close though.

>> No.25962791

>>25962741
Were going to hit $1 today aren’t we

>> No.25962793

>>25962770
ATH was 77 USD. We’re 80 now.

>> No.25962796

WHATR WAS THATTTTTTTT

>> No.25962869

>>25962793
I meant 77c and 80c lol

>> No.25962883
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25962883

>>25962793
We hit 83 29 Dec 15.33 candle.
Anyways, we broke that now. WAGMI.

>> No.25962970

I'm opening champagne and its not even 10AM

>> No.25963084
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25963084

Satanic

>> No.25963267

Man I should’ve bought yesterday at 60c but I fucking thought it was gonna dip

>> No.25963528

>>25963267
Bought another 1000 yesterday, thought it was a bit stupid but glad i did now

>> No.25963541

>>25963267
It’s falling hard you can buy in soon

>> No.25963543

wtf i bought at 83c and its dumping
and i dont have enough ethergium to sell

>> No.25963616

>>25963543
>pink Id
>fomo in id
Kek

>> No.25963686

>>25963541
How far you think it’ll dump? I need a good buy in price

>> No.25963829

>>25963541
>>25963543
>>25963686
No pump has only green candles morons. This will be 1$ EOM

>> No.25963910

>>25958743
Scammers.

Fuse is bottomed. This is vaporware.

>> No.25964003

>>25959947
.80c

>> No.25964009
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25964009

>>25963084

>> No.25964064
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25964064

>>25958743
Reminder you are holding a scam coin

>> No.25964101

>>25964064

cope.

>> No.25964143

>>25964064
>grt
Ew

>> No.25964193

>>25964064
GRTranny cope

>> No.25964216

>>25964064
GRTfudders seething

>> No.25964297

>>25964064
>holding a coin with the eternal jew logo

>> No.25964327

noooooooooo I wasn't done accumulating

>> No.25964333

I love this coin but it is artificially pumping so hard atm. Went from 68 cents to 78 cents. Any time you ask one of these Biz shills the technicals of the coin, no one answers. I'm sure the project and team are great but I feel like biz is shilling it just to make it pump

>> No.25964377

what is a suicide stack?

>> No.25964384

>>25964333
Trips confirm, sell sell sell

>> No.25964421

>>25961753

You need to set goals from the start, if you buy then buy - if you sell then sell

Dont succumb to fuckaroundtitis

>> No.25964437

>>25964333
Pay attention retard, they just announced a partnership with one of the biggest Defi Protocols. Artificial my ass

>> No.25964998

>>25964333
Yeah. The bagholders are getting sodomized by a whale atm. RIP

>> No.25965298

>>25964998
All you gotta do is not sell and the whale drowns

>> No.25965427

>>25964064
>tfw sold all my GRT to buy more PRQ yesterday.

Feels good man.

>> No.25966115
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25966115

$1 soon.

>> No.25966253
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25966253

come ON SELL THE NEWS GODDAMNIT DROP YOU PIECE OF SHIT

>> No.25966261

>>25964064
I see you went our of the twitter crypto tournament in the first round with 31% of the vote. Ha! Ridicule just keeps heaping on GRT copers. Enjoy getting dumped on in a few months.

>> No.25966301

Where are you guys holding your prq? Mine are just sitting on uni but I want to get that shit out of there ASAP

>> No.25966614

Should I even bother holding prqboost? I don't know shit about providing liquidity and not sure if I'm even interested. Thinking of selling it when I take profits at 1 dollar.

>> No.25966713

>Dad : how my PRQueer doing ?
>Me : Just a wallet dad REEEEEEEEE

>> No.25966790

>>25966614
If you dont plan to provide liquidity then get shot of it.
It loses value each day we get closer to a big cex listing.

>> No.25966864

This is just a basic telegram webhook wallet, who the fucks buys this at 50m mcap.

>> No.25966958

Cant wait to laugh at all of those who didn't hold their GRT in a years time. You lot sold up on a gem to be able to buy a couple milk bottles. Shmuks

>> No.25966962

CEX LISTING EARLY NEXT WEEK
(don't snitch on me with analtoy)

>> No.25967039

>>25966614
Sell and buy more PRQ

>> No.25967587

>>25966958
Based

>> No.25967649

>>25966962
It was supposed to be undisclosed...

>> No.25967771

>>25966962
>>25967649
Can confirm but can't say source. Not a dev ;)

>> No.25968469

>>25967587
Based on every bit of information out there. GRT is a game changer when it comes to indexing block chain data. All of these so called dApps run on CENTRALISED servers, thus just making them apps. The Graph fixes this. Theres a reason that its coined the google of blockchain and I cant wait till it makes me millions. I don't mind waiting...

>> No.25968620

What a fucking ballache buying this shit token

Coinbase first $500 deposit - 4% fee
Bitcoin to ETH conversion -1% fee
ETH to Coinbase wallet app
Coinbase wallet app to UNIswap bullshit
Gas fee of 0.02 ETH that is glitching and not letting me buy the PRQ even though I have enough surplus ETH to cover it

I haven't been this frustrated in a while

>> No.25968665

>>25968620
Just get GRT. Coinbase back it and you should too

>> No.25968666

>>25968620
Welcome to the future lad.

>> No.25968704

>>25968620
why are you making it so complicated

>Deposited 300 EUR on Binance, SEPA 0% fees
>Directly buy from ETH/EUR
>Send to metamask
>uniswap

>> No.25968890

>>25968665
>>25968666
>>25968704
>$60 miner fee to buy a few PRQ
Are you kidding me?

>> No.25968896
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25968896

>>25959883
same, I bought fucking bao instead

>> No.25968909

>>25968704
why are you making it so complicated

>Deposit $500 on coinmetro
>buy

>> No.25968960

DESU I have a 50k stack and I signed up to use the services today. Fucking hell, this shit really is all hype. Literally just a wallet and some telegram notifications. I bet there are like only 100 active users for this shit. It will hit $1 and afterwards disappear forever. Don't miss out on the bullride of a lifetime by clinging to this shitcoin.

>> No.25968964
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25968964

>>25968890
Coin Metro is what you want lad.

>> No.25968968

>>25968909
>Coinmetro
no thanks
>>25968890
stop being poor

>> No.25969004

>>25961530
if it makes you feel better I lost $800 on xrp which was like my second crypto buy ever lel

>> No.25969033

>>25966962
which cex? Binance or huobi?

>> No.25969057

>>25964333
What a waste of trips. Check their Twitter, retard

>> No.25969515

How many prq to get at azn gf?

>> No.25969561
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25969561

Fuck me in the fucking ass, I'm a newfag but I trust you faggots. Which wallet should I use to store this shitcoin?

>> No.25969632

>>25969561
damn i know you’re fake but imagine people who are actually new to crypto putting their money into this. pretty sad. it gives me PRL vibes lmao

>> No.25969642

>>25968469
Doesn’t know what based means lurk more newfag

>> No.25969695

>>25969632
Why desu? I just want to make it.

>> No.25969783

>>25969642
only fags here are ones not holding GRT. Good luck next time

>> No.25969840

>>25966958
>>25968469
>>25968665
>>25969783
BAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHA
Christ can you graph fags get any more pathetic?

>> No.25969855
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25969855

>>25969561

>> No.25969898
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25969898

>>25969783
Maximum cope engaged. Sad, many such cases.

>> No.25969960

The copium with the GRTrannies right now is pretty hilarious.

>> No.25969976

>>25969515
Please respond I have no friends :(

>> No.25969990

>>25969840
hahah. im here doing gods work. I hope you remember this anon who tried to make you rich. Enjoy trading your shitcoins

>> No.25970032

>>25969783
you don't like the project, you waste your time to come in a prq thread and post that you don't like it. this tells us everything we need to know buddy.

>> No.25970068

>>25969960
Im already sitting on a nice profit after buying at sub 20p but go on.

>> No.25970153

>>25970032
Peace. Im off. Remember me in a few years. You'll find me sitting on some beach with a nice beverage if you want to beg for some money (or a time machine)

>> No.25970167
File: 27 KB, 96x102, lmao.png [View same] [iqdb] [saucenao] [google]
25970167

>>25964064

>> No.25970863

25967222

GRTranny is over here now if you feel like returning the favour lads?

>> No.25970915

>>25970863
Nigger shut the fuck up

>> No.25970983

what the fuck happened i forgot about this project 2 weeks ago why is it pumping so hard right now

>> No.25971008

it's dumping

>> No.25971039
File: 648 KB, 1133x318, rinku.png [View same] [iqdb] [saucenao] [google]
25971039

Daaaamn was hoping for one more dip to get the last of my stack, RIP. Should have known better.

>> No.25971062

>>25970983
Undervalued, couple of big reports released recommending it, was pumping then they announced AAVE integration.

>> No.25971077

>>25971039
Were you not fucking paying atttention it just dipped hard back to 65c, that was your chance.

>> No.25971123

>>25971077
I just woke up, lol

>> No.25971288

>>25971123
Ah ok that sucks anon, hope your bag is still stacked though

>> No.25971357
File: 40 KB, 1059x441, 1600108442406.png [View same] [iqdb] [saucenao] [google]
25971357

Look at this chart. If you aren't bullish then you're fucking retarded. The run from 10c to 60c is about to get repeated again.

>> No.25971403

>>25971288
For my poorfag ass, as much as I was able to. I just wanted to finish off my initial goal, only off by 400. Had some ethereum in holding too that I could transfer today (I'm a WA resident cuck who can only use coinbase or gemini), but alas we probably a .7 coin now. Still, I'm okay with it

>> No.25971417

Where the fuck it's gonna stop? 4usd?

>> No.25971443

PIECE OF ABSOLUTE DOGSHIT STOPPED PUUMPING AND BACK TO .60C STABLECOIN STATUS

>> No.25971556

>>25971357
My pee pee is leaking.

>> No.25971602

>>25971417
FUD

>> No.25971850

sad

>> No.25972795

>>25971357
fuck yes, 5$ EOQ1

>> No.25972817

AAVE partnership announced. Meaning AAVE is gonna buy our parsnips when tokenomics goes live.

>> No.25972832

>>25969515
10000 bro

>> No.25973115

token is not needing

>> No.25973141

>>25973115
Just a wallet bro

>> No.25973212

>>25973141
correct sir many wallet out and why needing useless token ,?

>> No.25973268

>>25973212
yes sir, is scam buy GRT or BAO.

>> No.25973432

>>25973268
price is tanking, now for PRQ sell now or else !