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/biz/ - Business & Finance


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26034546 No.26034546 [Reply] [Original]

What is the future of GRT? Why is the price so fixed on bitcoin?

>> No.26034608

>>26034546
>What is the future of GRT?
Niggers shall hold my bags in the future

>> No.26034656

GRT shitcoin is already crashing

>> No.26034662

>>26034546
when I was a kid my brother pissed in a bunch of paint buckets and my mom found them one day and he made the same face

>> No.26034689

i'm a newfag but grt is being shilled pretty hard. So i put a hundred bucks in. Should I put in more? Also plz no bully. you guys on /biz/ bully a lot

>> No.26034741
File: 731 KB, 2409x1293, GRT-FUD-DO-NOT-BUY.png [View same] [iqdb] [saucenao] [google]
26034741

>>26034689
here you go, faggotron5000

>> No.26034839

>>26034689
I'm also a newfag, that is why I am asking, but I invested into XSN because it will go up on 19th of january, I'm relying on the basic logic of economics
also I am 100% in XSN and that is not too safe so I'm looking to split it when it pumps, grt seems futuristic but I don't want to invest into a shitcoin which is going to go up and down like bitcoin, for that I can just buy fucking bitcoin and at least have guarantee that it will go up even after a crash

>> No.26034947

its a good coin. once the unlocks happen I think we will start seeing some wild price action.

>> No.26034964

>>26034741
lol I was in that thread and I am one of the replies to it, the shill is talking a load of shit, for example saying "GraphQL is the normie web developers tool of choice" when it's not, REST is far, far more popular. Who is he trying to fool?

>> No.26034972

>>26034947
when will it be listed on other exchanges?

>> No.26035051

>>26034972
its on coinbase and 10X'd after getting listed there. doesnt have to be on more of them. thats more than enough eyeballs to provide liquidity and make it tradeable.

>> No.26035088

>>26035051
Its on Binance
>>26034972

>> No.26035107

>>26034964
he was trying to get people to look up the actual facts of the coin for themselves in order to "debunk" him. its an amazing tactic.

>> No.26035144

>>26035088
yeah but it doesnt matter. either of those exchanges is enough to make things happen.

>> No.26035152

>>26034972
according to tradingview its on
coinbase
kraken
binance
kucoin
ftx
okex
bittrex
huobi
poloniex

>> No.26035251

>>26035144
Digits of truth
At what price its okay buying it and what can be expected in this year?

>> No.26035391

>>26035152
It's on kraken but it says "coming soon" and you cannot buy it

>> No.26035396

>>26035251
I've been martingaling into since 50 cents. So I don't care how low it goes. I have 10k GRT and am willing to throw another $10k at it if price goes down to 12 cents with the unlocks. There is a non-zero chance that 29 cents is a great entry though. I think coin will be at ATH this fall, so don't care what happens before that. will just be buying coin.

>> No.26035406

Even after assuming DOUBLE the Graphs current monthly query volume, the Graph only generates 20B (queries) x $0.00001 (query fee) = $200,000 per month across the ENTIRE network.

Only $2.4M revenue per year for the whole Graph ecosystem, or $0.00048 per GRT in yearly earnings, if we assume approximately 5B GRT are staked.

Why is GRT priced around $0.30? Even that is nearly a ONE THOUSAND TIMES multiple of the current network that “all of DeFi uses”. How can GRT possibly moon from where it already trades? There’s no reason whatsoever.

>> No.26035544

>>26035406
Indexers can choose whatever query fee they want.
The 20b queries was from testnet lol
This is better fud, use this:

> Hey Stacy don’t use Google, use the Graph instead
> Graph? What is that?
> It’s just like Google except your search is decentralized!
> Oh cool! Tee hee! Let me try. Wait... it says here I have to pay for each search I make? And wait up to 1 hour for my search to be verified? Wtf is this? Where is the searchbar?
>Wait what? That’s so CREEPY
> CREEPY and WEIRD. Yikes. Let’s stick to Google

>> No.26035608

>>26035544
thanks i just bought another 10k GRT

>> No.26035642

look at the growth of query overtime.
Every subgraph added is a huge boost.
We can easily except 100 Billions per month by this summer

>> No.26035668

>>26035544
>The 20b queries was from testnet lol
Which was free. Why would they pay unless the fee was so low they could absorb it?

Why would indexers ultimately price their services to ensure anyone other than themselves are satisfied with the return? Why would they care if delegators are happy?

The team itself used the $0.00001 query fee as a real guess at the fee. If it’s anywhere near that low - practically ALL GRT holders might as well sell.

>> No.26035698

>>26035406
>There’s no reason whatsoever
yeah its a gamble on perceived future earnings and increased use cases as more subgraphs are built and adopted into people's systems. So assuming somewhere around 35-20% growth rate in queries per year, dynamic allocation of network resources with the curator aspect to it creating winners and losers, the hodl effect (never selling creates a lot of impact in a price as if you held 5x the stock, there are research papers about this) and that ONE THOUSAND TIMES looks a lot smaller in the rearview mirror even without considering higher fees.

>> No.26035740

GRT shares that problem with every other shittoken

>> No.26035763
File: 58 KB, 597x980, C4D85499-CF38-44CB-9EB6-F7D9042EB34D.jpg [View same] [iqdb] [saucenao] [google]
26035763

>>26035668
Found the retard who doesn’t understand scaling

>> No.26035810

>>26035698
Remember - that’s where it currently trades. At a 1000x multiple.

You want to tell me why your moon to $3+ (or, a 10,000+x multiple) will happen?

>> No.26035857

>>26035763
>let’s assume a project that is already used by everyone will 10,000x in size from here!
>because reasons!

>> No.26035881

>>26035810
is twitter earning money ?
How much twitter is worth ?

>> No.26035898

>>26034546
People talk about impending coinage to be minted, but that's widely known in the market at this point so it's probably priced in to a fairly large degree.
If it doesn't go down when new coins start getting unlocked, it will jump up simply on the fact that it didn't go down when everyone thought it would.
I'm already in for that reason. And if it does go down I have no problem buying more.
You don't make real money by chasing overnight moonshots in garbage. You make it by having a decent timeframe and willingness to commit.
Ask the Linkbois and ignore the moonbois.

>> No.26035919

>>26035881
Do you pay to tweet?

>> No.26036021

>>26035810
>will happen
I just think there will be volatility here, which means you can make money in the order book. So the unlocks will knock the price allowing you to buy, and good news will make the price go up, and there is enough action on the network that onchain metrics will also play a role in the "good news pumps". I'm going to buy more as it goes down, and sell as it goes up. This coin is going to do that in big ways this next year.

>> No.26036198

>>26035919
There's a diffrence in a company paying fees for critical data and a consoooomer using a data mining software

>> No.26036289

>>26036198
>>26035919
I pay to read the newspaper and some periodicals that help my job yes.

>> No.26036351

>>26036198
Missed the point. Point is, when you actually have a fee for your service, it’s very easy to take that fee with your current usage and throw it into typical business evaluation metrics to figure out what the company is “worth.”

Twitter is lucky in this respect that it’s “free.” People can easily speculate on a perceived value without being BTFO by some revenue figures or something.

Graph isn’t like that. It’s worth its revenue (plus speculation).

>> No.26036441

>>26034689
I regret putting any money into it at all, especially after reading the jew founders twitter feed, its the most onions reddit tier posting i've ever read. they are going to take censorship to new levels with their curation. their will be nothing decentralized about it.

>> No.26036442

>>26036351
So all they'd have to do is charge 1 penny a query and you'd then say its undervalued.

>> No.26036519

>>26036442
If you want to bet that the team is off by a factor of 10,000 when it guessed the fee would be approximately $0.00001, go ahead.

>> No.26036781

>>26034741
hmmm that pic makes me want to buy it. It's very utility oriented.

>> No.26036822
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26036822

>he didn't dump his bags and get in during the secondary test again

>> No.26037417
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26037417

the founder of GRT is this kike, Yaniv Tal. Spend 30 minutes looking through his twitter. I wish I had before I invested anything in this.

>> No.26038193
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26038193

Get over it jeet.It's over.
Dyor on DMG and try and feed those darky kids of yours. If they're nourished well they might grow up with good enough eye sight to follow you piece of dog shit into shilling business.

>> No.26038219

>>26036351
You don't think twitter doesnt sell the data for a fixed price? Are you retarded?

>> No.26038236

>>26034546
>goymone replacement therapy
oy vey