Reef Research Thread

[Anonymous No.27685209]

With Reef dumping after reaching its ATH of 0.03 this is a perfect opportunity to research the technical and fundimentals of reef and reevaluate if it is a coin worth owning.

> Reef Finance (“Reef”) is a multi-chain smart yield engine and liquidity aggregator where any DeFi protocol can integrate into. Powered by Polkadot, it shares its security model with the ecosystem, and enables cross-chain integrations across various DeFi protocols. Reef gives retail investors access to the DeFi landscape with a low technical entry barrier while at the same time augments the decision making process based on users' risk levels.

https://research.binance.com/en/projects/reef-finance

From >>27678566

[Anonymous No.27685719]

3%/~20% or 6E8/4E9 (available supply) was released on Binance launchpool to BNB/DOT/BUSD stalkers.

https://www.binance.com/en/support/announcement/fcf9a1563a0345869bf1898c888cc4ce

4.2E9 was sold at $0.00093, most of which is locked until Dec 2021.

[Anonymous No.27686542]

With a total supply of 2E10:

2E10 * 0.03 = 6E8 = 600,000,000

A circulation supply of:

4E9 * 0.03 = 1.2E8 = 120,000,000

In comparison (nearest whole number)
Token Circulating Diluated
UNI 6E9 12E9
AAVE 5E9 7E9
SUSHI 8E8 4E9
1INCH 4E8 7E9
ALPHA 4E8 2E9
CAKE 3E8 4E8
CREAM 2E8 1E9

All this is to say that the circulating market cap was similar to existing projects with working implementations.

[Anonymous No.27686590]

Anon just tell me if I made a good investment or not

[Anonymous No.27686669]

>>27686590
I don't know, why do you think I've made a thread called "Reef Research" and begun posting what I'm figuring out about it?

[Anonymous No.27686717]

>>27686669
I don't know, I'm pretty dumb. /biz/ told me it was the best thing to invest in so I did.

[Anonymous No.27686822]

>>27686717
fuck off

good thread op

[Anonymous No.27686873]

>>27686590
How much of a retard are you wanting to just be spoonfed the answer. Would you buy into bitcoin if OP told you to do so?

OP is clearly trying to lay out some research and info about the coin, read it and make a decision for yourself as to whether you want to invest

[Anonymous No.27686986]

>>27686717
/biz/ also spams DYOR, I'm guessing you didn't? Well good news is that I'll be doing that for you in this thread.

https://reef.finance/

Simple website, no link to whitepaper but basic explanation of their goal "Protocol Aggregation,
Proprietary Analytics, and Multi-Chain Accessibility".
On the positive side there is a link to a clear and updated roadmap (https://www.notion.so/45181a0374144559b2a97962c1011725?v=fbfd03422dad4a8d98f9b3a8e7cd32ae))

[Anonymous No.27687096]

REEF LORD here - Let me spit some info boys:

- Reef gives retail investors access to the DeFi landscape with a low technical entry barrier while at the same time augments the decision making process based on users' customized risk levels

-Reef's infrastructure is a chain of multiple smart contracts composing and integrating on top of the ecosystem. This entry component is called a basket engine which communicates with the liquidity aggregator and the analytics engine

-It allows the user to invest/divest into multiple DeFi platforms with a single click and reduces the necessity to manage the outputs of the activities manually (e.g. LP tokens)

-The engine is being extended to support insurance cover of the basket and multi-hop strategies

-The infrastructure will support multiple chains including Ethereum, Binance Smart Chain, Polkadot and Avalanche


-Liquidity Aggregated Dex similar to 1inch available on launch (takes liquidity from centralised exchanges like Coinbase and Binance on top of Dex's)

-The REEF token is a utility token used to vote on different proposals such as releasing new features, readjusting certain parameters in the system and more. Besides governance, the token can also be used to pay protocol fees

[Anonymous No.27687151]

REEF Lord Cont'd

In short, REEF is a Defi aggregator. It's being designed to abstract all the complex layers of Defi (multiple wallets, platforms, gas fees, technical complexity) into 1 easy to use platform. It's starting with ETH chain (the most active) but due to being built with DOT it will be able to work crosschain.

Basically it lets normies into the Defi space with a nice interface hiding a complex backend. Normie connects their wallet, decides how much they want to invest, and moves some sliders around. There, investing.

There's tons more in the platform, from AI driven investing recommendations, partnerships, risk assessment. REEF is the first mover in an INSANELY lucrative niche.

Nothing in crypto is guaranteed but if this can do half the shit they are discussing it will become a bluechip Defi product.

On the roadmap they are also planning to make a Reef DAO so token holders can vote on proposals and changes to Reef like in Aave and Uniswap.

[Anonymous No.27687225]

100k bag holder here. Still feelin good through this dip

[Anonymous No.27687257]

>>27686986
>no link to whitepaper
there is a link to their whitepaper though..

[Anonymous No.27687302]

>>27687225
Facts bro. next target: $0.04

[Anonymous No.27687334]

Skimming the whitepaper provides some basic details on portfolio theory but provides little details to how they plan to tackle fees.

> The defining feature of the Reef Smart Yield Farming Aggregator is the use of
an AI and Machine Learning powered backend to optimize user asset distribution.

This is a large part of their model and will be off chain, likely proprietary. The use of buzzwords gives some red flags and further research is needed to see if thf team really has this experience.

https://reef.finance/resources/ReefLitePaper_v100c.pdf

[Anonymous No.27687444]

Their road map and vision is nice and doable. I just hope that they are investing into their devs, since they are clearly not investing into marketing and social media moderators. (Not ment as a bad thing, Marketing after working product will be essential) Any info about the dev team? Some background and shit

[Anonymous No.27687479]

Newfag here, I don’t know anything about anything. Just tell me what website I should use to throw money in this bitch

[Anonymous No.27687535]

>>27687096
>>27687151
Thanks! There's a lot of talking points there and I'm really hoping to evaluate them properly instead of just parroting them. Not to be ungrateful but currently littleof what you wrote is true, it is only planned. I think it's important to make this distinction when evaluating a project.

>>27687257
Hmm, I can't seem to find it linked on the website - I did a ctrl+f for "paper", "white" and "lite" after finding it through Google.

[Anonymous No.27687542]

So what are price predictions? .1 eom? .25 end of q1? Rubic just went from .01 to .47 cents in two weeks..

[Anonymous No.27687561]

>>27685209
i chose this over rubic because of their pump and the fact that its still sub 3 cents, is it still worth dcaing with $150 weekly chump change injections until flare launches? i want to make sizeable bags off this

[Anonymous No.27687688]

good thread lads project fundamentals are important and not everything should be treated as a PnD. In the long run this creates a healthier community around the project. Good shit .

[Anonymous No.27687706]

>>27687542
Top 20ish by mc with working product during bullmarket, when retail comes in.

[Anonymous No.27687713]

ok guys, i feel i am about to jump in the reef train. This will be my first 4 chan blind sheep style investment. i wonder if i am doing something stupid. I will probably try to recoup initial investment as soon as i x 2

[Anonymous No.27687854]

>>27687561
If you're able to buy it via Binance, yes, but DCA'ing on Uniswap will destroy you with gas fees.

[Anonymous No.27687867]

>>27687706
so what would its price be then?

[Anonymous No.27687894]

>>27687542
>>27687561
See >>27686669 and my initial calculations on market cap >>27686542. The price is less meaningful compared to market cap. Don't be like the doge pump and dumpers.


>>27687334
Now for a further detailed look at the paper to start.

> There is a glaring need for service that will aggregate liquidity, facilitate and
automate crypto asset trading with more *security* and *efficiency*, and provide
better data and insights into *risk and portfolio management*.

Here are some key differences between the goal of reef and other AMM or defi projects. From the initial skim it is to be seen how they address security. Efficiency from aggregating other DeXs has been seen to be successful in 1Inch, but note this is combined with their Chi gas implementation.

Risk and portfolio management are some big bain areas that we haven't seen explored in this space.

[Anonymous No.27688130]

>>27687706
>>27687867
This is a meaningless prediction. It does not give a timespan or explain what it means for "retail to come in". Come into what, crypto as an asset? Defi? Reef? Then there's the "top 20ish by market cap". What does ish mean? Does 25 count? What about 27? Finally what's a working product? From their roadmap (https://www.notion.so/45181a0374144559b2a97962c1011725?v=fbfd03422dad4a8d98f9b3a8e7cd32ae)) we can see they have a lot planned. Does MVP mean working product? What about other features? If one of the features isn't implemented or underperforms does that count as a working product?

[Anonymous No.27688141]

>>27687894
Coingecko says supply is just 2b. Why are you saying 20 billion? Don't use scientific notation faggot, just use regular numbers you autist.

[Anonymous No.27688183]

From Reef's security audit:
> The security assessment was scoped to the smart contract
> ReefBalancer, ReefBasket, ReefLiquidityBond, ReefMooniswapV1,
> ReefToken, ReefUniswap and ReefVaultsBasket. An audit of the
> security risk and implications regarding the changes introduced
> by the development team at Reef Protocol prior to its production
> release shortly following the assessments deadline.
>
> Overall, the smart contract code is extremely well documented,
> follows a high-quality software development standard, contains
> many utilities and automation scripts to support continuous
> deployment / testing / integration, and does NOT contain any
> obvious exploitation vectors that Halborn was able to leverage
> within the timeframe of testing allotted.

[Anonymous No.27688561]

pretty good thread OP

[Anonymous No.27688759]

Thanks op. So what is your personal possition on this coin then?

[Anonymous No.27689081]

>>27688141
It's almost as if I link things (https://research.binance.com/en/projects/reef-finance)) for a reason. I don't know where coingecko gets its number from (perhaps the ethereum contract?).

>>27688183
Link?

>>27688759
I currently own 355,000 Reef most of which I brought at a loss near the top. I should have DOYR before I purchased so much but hey, better late than never right? Hopefully this thread is helpful to others too.

>>27687894
Continuing with their whitepaper.
> Reef delivers on the promise of smarter crypto trading through two major
components and enables:
> • Trading of assets via the Global Liquidity Aggregator with access to liquidity from both centralized exchanges and DEX’s;

The combination of CeX liquidity is perhaps the most interesting part of this project. If we look on their website it is suggested the CeX ecosystem includes Kraken, Binance and coinbase.
Out of these reef is currently only listed on Binance so research is required to see what how the partnership works. Skimming the paper it also doesn't seem to mention how CeX integration will work.

> • Smart lending, borrowing, staking, mining through the AI-driven personalized Reef Smart Yield Farming Aggregator.

I mentioned this at the start >>27687334, this is perhaps the most questionable part of the project. The AI driven section is relegated to an off chain oracle that depends on trusting the reef team. This is perhaps done out of necessity but this is to be seen.

[Anonymous No.27689092]

How can you even buy this shit as an American? Binance.us doesn't offer it.. they don't have any eth pairs, wtf

[Anonymous No.27689642]

>>27689092
Good point. Coingecko lists Huobi, Gate.io, Bilaxy, Poloniex and CoinBene which I believe are all CeXs. Currently existing as an ERC20 and BEP-20 it exists on Uniswap and Pancakeswap. Pancakeswap might be the easiest option if you can purchase BNB in the US.

https://bscscan.com/token/0xf21768ccbc73ea5b6fd3c687208a7c2def2d966e#readContract
https://etherscan.io/token/0xfe3e6a25e6b192a42a44ecddcd13796471735acf#balances

This also explains >>27688141, we can see the total market cap in released tokens is 5.3E9 (assuming we can just add the ERC-20 and BEP-20 max supply together).

[Anonymous No.27690055]

This is kinda the last chance to buy it under 70 sathoshi, get the fuck in losers

[Anonymous No.27690099]

>>27690055
Why the fuck is şt dumping so hard

[Anonymous No.27690148]

>>27689642
> Non-custodial: Reef is a decentralized, non-custodial protocol; assets are
controlled by the users themselves and not stored on the platform. Reef empowers the users to keep storage of their own private keys and cryptocurrency assets, while working in the background akin to a DeFi Operating
System, optimizing yield for the users without compromising security.

To answer what they mean by security in >>27687894 it sounds like they're not doing anything different from other Dex platforms. How they justify this being an "operating system" is still to be seen.

> Integration compatibility Reef will be a fully distributed and autonomous
protocol, and compatible with the widest range of DeFi protocols, including parallel implementations on Ethereum, Polkadot, and other major smart contract
platforms, to maximize the ease of integration and compatibility with service
providers in the DeFi space.

This is a mildly concerning section. As suggested by >>27687444 a look into the size, history and skill of the team is required to evaluate this. Polkadot will help but I'd imagine specific work is required per Dex they integrate with.

[Anonymous No.27690592]

>>27690099
pajeets selling off their bags to dumb newfags kek

[Anonymous No.27690593]

>>27690148
> Reef will primarily access centralized exchange liquidity through the use of
prime brokerage services, such as Tagomi, Caspian, or Quantreq. Prime brokerage services are financial service firms for institutional clients that offer services
such as order execution, leveraged trade execution, securities lending, and other
bundled financial services.

This brings us closer to answering >>27689081. Researching these brokerage services and how their on chain model should be done. This also implies that they're not working with any exchange directly. This has its pros and cons.
The upside is likely a better effort to liquidity ratio. The downside may extras fees and reliance on the goodwill of this brokerage service.

[Anonymous No.27690607]

Im swinging 5his shircoin.Started with 558000reef .Last time i had 780000.This dumping will give me even more reefs

[Anonymous No.27691000]

pre-sale price was 0.0007, dont buy this shitcoin

[Anonymous No.27691072]

>>27686542
Where are you getting billion max supply from? It's two billion. You're off by an order of magnitude.
Fully diluted MC is about 60 mil

[Anonymous No.27691086]

Thanks OP, pretty good read.

[Anonymous No.27691094]

>>27690099
>why is it dumping after 3 days of nonstop growth
obvious rugpull, you should sell before it's too late!!

[Anonymous No.27691244]

>>27691072
https://research.binance.com/en/projects/reef-finance

>>27690593
> Infinity Swaps
Strange naming for a concept I don't fully understand. Maybe another anon and pipe in and explain.

[Anonymous No.27691348]

>>27691244
That's odd. Etherscan doesn't seem to agree with Binance. Why would this be?
https://etherscan.io/token/0xfe3e6a25e6b192a42a44ecddcd13796471735acf

[Anonymous No.27691369]

Can't find REEF staking on binance. I though it should be live already/

[Anonymous No.27691450]

>>27691369
there will be no reef staking on binance

[Anonymous No.27691554]

>>27691450
So i got pajeeted, understandable.

[Anonymous No.27691702]

>>27691348
Yeah, I have no idea what their release schedule for tokens is supposed to look like. They also have a BEP-20 token (https://bscscan.com/token/0xf21768ccbc73ea5b6fd3c687208a7c2def2d966e#Read Contract)
Added up that's 5.3E9, so I'm not sure what's going on there. From my understanding they haven't released their DOT token but this is my first time looking at a DOT token so I dunno.

[Anonymous No.27691733]

>>27691450
provide sauce or fall of the edge of the earth

[Anonymous No.27691751]

Honest analysis is that this project is a moonshot. If they can deliver on their product it will be huge. But the scope of what they're trying to do is massive, so it very well might not work. It all comes down to execution and its too early in the project to say for sure. They posted a video showing a demo of their interface and it looked ok.

Its also worth keeping in mind this project is very young.

I will say that the retarded threads and exposure its been getting on here these past days is making me distrustful of it.

[Anonymous No.27691877]

>>27691369
Reef staking can be done here:
https://medium.com/reef-finance/presenting-reef-staking-on-unifarm-by-opendefi-with-upto-250-apy-1cdb7e26dbe2
https://app.unifarm.co/

Maybe a richanon can pipe in and tell us how well that's going.

>>27691450
+1 to source please. There's no indication either way.

>>27691751
Perhaps the best take I've seen this thread. Where did they post this video? I've only seen screenshots so far.

[Anonymous No.27691938]

>>27691733
There is literally nothing about any kind of staking on binance, reeftards got confused by the launchpad image

[Anonymous No.27692020]

>>27691877
https://youtu.be/3y_0CkoxSGc

[Anonymous No.27692124]

>>27691751
That is just biz being biz with the extra sprinkles of reddit retards that has come flooding in.

[Anonymous No.27692606]

>>27692020
Thank you, I've got a lot to get through haha!

>>27691244
>Pricing Decentralized Liquidity
> Manipulation and Front-running

I'm out of my depth to evaluate the modeling here. What I don't understand is why the explanation for relative counter bidding includes s the minimum starting bid yet it isn't present in the formula? The cited paper will be skimmed after this paper.

> However, with liquidity aggregation, Reef can make this type of front-running
attack prohibitively expensive and unprofitable to carry out by pooling together
trades and increasing the value of s, while reducing the average clip window, ι
and , due to the Law of Large Numbers (LLN) through transaction pooling.

Does this imply market movements are aggregated before being performed? If the platform remains small wouldn't this statement also imply that these attacks could happen?

[Anonymous No.27692778]

>>27689081
>The combination of CeX liquidity is perhaps the most interesting part of this project.
This would explain why Reef was featured by Binance. It could be Binance's answer to the threat that dexes pose. If Reef aggregates CEXs with DEXs, CEXs could have the upper hand due to lower fees (at least before L2 solutions take over).

[Anonymous No.27692800]

>>27691877
how long it usually take to transfer to metamask for most of you?

[Anonymous No.27692849]

>>27686873
>Would you buy into bitcoin if OP told you to do so?
yes

[Anonymous No.27693118]

>>27692606
It seems their strategy while small is to keep liquid by capping transactions to 200k per customer iirc so if exploits are found they can still be covered.

[Anonymous No.27693532]

Guys, look at the 2021Q1 section of the roadmap. The client is supposed to launch by the end of March but virtually every major functionality is still “WIP”. For fuck’s sake “Multi Ecosystem Support”, a huge tenet of the project, is still “planned” i.e. it hasn’t been started yet. I’m taking my 20% gains and leaving

[Anonymous No.27693692]

>>27692778
Yes, although their whitepaper (which is old) suggests using a brokerage. It also brings into question how regulators will react to this. They can't shut down defi but they could stop CeXs from interfacing with liquidity aggrigators.

>>27692800
Few minutes, it should be there once your exchange confirms it to be sent.

>>27693118
Thanks, where did you hear this?

>>27692606
> Smart Yield Farming Aggregator (and see attached image)

This is quite ambitious. Out of the projects listed:

Zapper (https://zapper.fi/)) looks to be a token less control panel/interface to other defi projects.

Rari (https://www.rari.capital/)) has a governance token with market cap 3.4E7 Circulating 4E7 Diluted.

Staked is centralised?

> Liquidity Farming Reef will automatically scrap the DeFi landscape for the highest yield in liquidity farming and provide easy access to the user.

Farm currently does this and has a similar model where the developer deploys new pools. This is done to save gas fees on a contract that searches for the best yield. This would be similar to a offchain oracle as proposed by reef.

[Anonymous No.27693916]

>>27693532
Hmm, it's quite a lot of 2 months but assuming the WIP TESTING things will be completed it would already be a unique project in the DeFi space. You're right that the deadlines are optimistic and this project will be fully realised far into the future.

[Anonymous No.27694107]

>>27693692
> The Reef Intelligence Engine is an off-chain oracle which is sourcing intel�ligence into the on-chain DeFi proxy smart contract. The Reef product team has
a long history building such engines which either monitor different landscapes
for fundamental metrics, collecting social media data, news, tweets, as well as
on-chain data, and turning this data into usable metrics and insights.

Perhaps the biggest red flag of the project. What's to gain for the reef development team to produce an oracle for such project? What incentives are there for the oracle to be accurate?

[Anonymous No.27694381]

>>27694107
> Augmented Decision Making
> By efficiently solving linear programming models, and other mathematical
models depending on assets and situations, the Reef Intelligence Engine will
look for the best allocation coefficients given the user’s risk tolerance profile and
streamline the micro-adjustments to the baskets of financial products maintained
on the platform.

I don't see how this could be efficiently achieved in a way that can scale. Just imagine different users that each choose a subset of the assets 1 to N. The intelligence engine would have to produce a coefficient matrix for each subset right?

[Anonymous No.27694726]

>>27694381
> Smart Asset Management
I've got some knowledge in this area. The "lite"paper decides to derive some basic financial analysis techniques. Perhaps it assumes readers are more crypto/programming oriented and less financially oriented.

Such techniques are not unique but do not provide guidence for the level of automation they propose. Variables like interval window and time between rebalancing is left to the "Machine Learning AI".

[Anonymous No.27694814]

great thread anon. been thinking about investing in this project for a while

[Anonymous No.27694853]

>>27694726
> Our product will also have a demo and initial implementation on ETH1.0 as
that is currently the smart contract platform with the widest adoption, but our
primary implementation platform for the Reef Protocol will be the Polkadot net�work.
At present, being on ETH1.0 is the only viable option, but since the DeFi
ecosystem is maturing, more and more projects will decide to build on differ�ent platforms since ETH1.0 cannot fulfill their needs. Reef strives to be chain�agnostic and will have its own application-specific logic, which won’t be con�strained by the current limitations that the ETH1.0 network has, such as high
gas fees, long confirmation times and other bottlenecks.

!!!!!!!
This is important to note, our current investment is in the ETH 1.0 demo. It's going to be lacking quite a lot of the features that they proposed.
!!!!!!!

[Anonymous No.27694922]

>>27694853
I want to make this clear:

> Our product will also have a demo and initial implementation on ETH1.0
> Our product will also have a demo and initial implementation on ETH1.0
> Our product will also have a demo and initial implementation on ETH1.0
> Our product will also have a demo and initial implementation on ETH1.0
> Our product will also have a demo and initial implementation on ETH1.0
> Our product will also have a demo and initial implementation on ETH1.0

[Anonymous No.27695007]

>>27694922
Will we need to invest in a separate product when they get the full thing operational?

[Anonymous No.27695198]

>>27694922
this is bad, right

[Anonymous No.27695217]

>>27695007
>reef strives to be chain agnostic

doubt it

[Anonymous No.27695222]

is the developer of reef based? this is the only question that matters

[Anonymous No.27695504]

>>27695217
I don't think cz would go balls deep on a stake in demo just to get rug pulled by needing to acquire another product at dev completion, but it would be nice to have that spelled out.

[Anonymous No.27695556]

>>27695007
I'd hope not. Any competent developer will be able to airdrop or have a claiming system.

>>27695198
I think it puts into context how this project is just at it's infancy. This is pretty much a moonshot that might play out in 1 or 2 more cycles.

>>27695217
Since DOT contracts is compatible with ETH contracts I doubt it will be that hard. They've already got BEP-20 which is ETH compatable. The question now is how well do they do at beating 1INCH and FARM at their own game?

>>27694922
The rest of 2.4 simply lists good points about polkadot. Given this the token economy section must also be taken with a grain of salt as it may not apply to the demo. From the diagram a lot of token flow paths cannot happen.

[Anonymous No.27695908]

I dont own reef but solid thread! Reminds me of the biz of old!

[Anonymous No.27696192]

>>27695556
Overall the biggest takeaway is:

> Our product will also have a demo and initial implementation on ETH1.0


The project is very ambitious but unique. Applying financial theory to portfolio management is rarely performed by retail investors let alone in the crypto space. Otherwise from just the whitepaper I do not expect it to be much different from a combinator of 1INCH and FARM.

[Anonymous No.27696284]

Bump for op being the hero /biz/ needs. I did a quick scam of all this shit before buying, but my understanding is very limited. Nice to see someone who knows what they're doing arrive at approximately the same conclusions.

[Anonymous No.27696331]

>>27696284
>quick scam
*quick scan
Phone posting

[Anonymous No.27696559]

>>27696192
So sum it all up for us OP, what does this mean?
Should we be wary?
Is this is a glorified pump and dump?

>The project is very ambitious but unique. Applying financial theory to portfolio management is rarely performed by retail investors let alone in the crypto space. Otherwise from just the whitepaper I do not expect it to be much different from a combinator of 1INCH and FARM.

Surely with Binance backing and 1INCH and FARM both proving successful, REEF would meet the same success right?

[Anonymous No.27697325]

>>27696559
I don't think you can compare Reef with those projects, and I think it's also the reason Binance is ultimately backing DankO. By investing in Reef you're ultimately investing in a product built on Polkadot. Yes, the first release is on ETH1.0 but the vision path and vision is clear.

Worth noting - close relationship between Reef and Plasm, who:
> high quality dev team from asia, multiple grants from https://web3.foundation/
> first polkadot rococo parachain
> first smart contract on Rococo
> developing ethereum compatability + bridge

I'm in this one for the long term boys. I just hope the team can deliver according to their projected timeline, then we gucci.

[Anonymous No.27697421]

I'm long on this with a suicide stack from a small tax return I didn't even know was coming my way so I dgaf if I lose everything.

Truly the comfiest of holds.

[Anonymous No.27697432]

>>27696559
It's really too early to say, reef is quite a bit more ambitious that what 1INCH and FARM set out to achieve. Assuming the DeFi hype doesn't die out before the alpha is realised, I don't see why it couldn't. There's still a lot of fundimentals for me to look at so no summary yet.

Let's take a little break from fundimentals and speculate on the price, specifically the dump we just saw (pic related). The timing seems oddly correlated with HBTC temporarily delisting a bunch of coins.

> Trading will be halted for these 14 USDT Aggregated trading pairs at 11:00, February 4, 2021 (UTC+8)
https://support.hbtc.co/hc/en-us/articles/1500002394522

[Anonymous No.27697645]

>>27697432
This.
By putting money in Reef you're basically investing in growing the Polkadot ecosystem. We're at the very beginning and Dank0 wants to be our man. And Binance seemingly is backing them.. let's hope they deliver.

[Anonymous No.27697669]

>>27697325
I absolutely can it comes to the ethereum alpha? So far with my current reading (little) and knowledge of ETH I've seen no evidence of any of their differentiating features, the roadmap suggests that dot development will only really begin after the alpha in Q2.

Long term if everything plays out as the whitepaper suggests is a different matter. On the short term (2-4 months) it would be unreasonable to expect anything more than 1INCH+FARM+Portfolio Analysis.

[Anonymous No.27697779]

>>27697325
>>27697645
The fact that Binance - the second largest exchange - is backing it just makes it a solid investment. This ultimately puts my mind at ease and I'm very happy to hold this long term.

> "We are very excited for the upcoming Polkadot ecosystem and glad to support Reef Finance's progress through Launchpool," said Binance CEO and Founder Changpeng Zhao. "It's also great to welcome our first Polkadot ecosystem project to Binance Smart Chain."
https://www.accesswire.com/622351/Reef-Finance-Becomes-the-Marquee-Project-in-Pioneering-Decentralized-Finance-with-Binance-the-Worlds-Largest-Cryptocurrency-Exchange

>>27697432
Good find. I appreciate all your info sir, I hope you continue it into the future as I will be very interested in following your thoughts.

[Anonymous No.27697788]

>>27685209
TL;DR
Reef is lame, get on with some real research by looking at dHEDGE

[Anonymous No.27697998]

what the market cap? how can I trust this big wallets not to domp on me?

[Anonymous No.27698090]

>>27697669
OK.. why would I compare Reef Q1 with those projects. That's not what I'm investing in, I'm investing in product vision.

[Anonymous No.27698179]

>>27686873
yes me iz brainlet, but muh suicide stack hurr

[Anonymous No.27698327]

>>27687096
>>27687151
Literally half of REEFs functionalities wil be made redundant bu The Graph.
Also this is one of the projects where token is actually not needed. Governance is a fad that will die when Defi becomes mainstream.

[Anonymous No.27698347]

Do you think it would be safe to wait a few weeks and keep tabs on the project's progress? Or is there reason to expect growth in the short term

[Anonymous No.27698604]

>>27698327
HUH???? the grAPH? which ones? im invested in both and would genuinely love to know where they clash..

[Anonymous No.27698634]

swing traders get the rope

[Anonymous No.27698692]

>>27697998
The big wallet at the moment is Binance, and unfortunately binance doesn't have data for on exchange token distribution. Check etherscan, its linked in this thread.

>>27697779
I wouldn't put too much credence on it being backed by binance. I've found little information detailing the exact partnership behind launchpool projects and binance. On the other hand more concretely they've deployed a BEP-20 mirror (assumed) of their ERC20 token.

>>27698090
An alpha can make or break a project. Given the buzzwords surrounding this project it is important to communicate realistic expectations for what will be a user's first experience with it. Under promise, over deliver.
It would be a different story if they didn't release Reef Q1 but they will, and if they will comparisons will be made.

>>27698327
I've not researched The Graph that well but wouldn't a project still have to build a AMM on top? Custom oracle calculations like the ones required in this specific case might also be quite expensive and disruptive if performed on chain.

>>27698347
Well, let's continue my price speculation in >>27697432 (pic related). Bar the wick at 3am that could be nicely explained we've seen short term price action like this before. More images required so see next post.

[Anonymous No.27699078]

>>27698692
Here's the REEF/BTC chart on the 4h. Dubious charting but it's not as if we haven't had periods of consolidation before. To verify our HBTC hypothesis some other coins could be looked at.

[Anonymous No.27699155]

0% borrowing interest on REEF margin trading pairs.
Trading volume completed via margin will be multiplied by a coefficient of 3.
All users that borrow REEF from Binance Margin will enjoy VIP+1 borrowing limit.

From 5th-1th? Bullish or not

[Anonymous No.27699182]

>>27687479
>thank you for the citizenship mr president!

[Anonymous No.27699248]

>undervalued and on Binance

just buy some jeez

[Anonymous No.27699417]

>>27699078
Unfortunately, not much I can contribute here. I'll sit on the sidelines and watch you trading savants. What are your thoughts?

[Anonymous No.27699775]

What is REEF trying to replace? I bought RBC because it was trying to replace Uniswap.

[Anonymous No.27699976]

>>27698634
>>27699155
>>27687479
https://www.binance.com/en/support/announcement/662f4b18c8564e61b5acbb18a14239ef

To evaluate the price action it would be sensible to see how such competitions have effected price action.

https://www.binance.com/en/support/announcement/c-93?navId=93

PAXG (3rd to 9th) is down.
DOGE (29th to 3rd) is down (from a pump).
CKB (29th to 5th) is up.
SKL (27th to 3rd) is up.
BLZ (20th to 23rd) is sideways.

Reef's market cap is pretty small compared to these recent ones though.

>>27699417
These are dubious arbitrary lines I'm drawing. If you'd be willing can you check the price of UNI, AAVE, CRV, SUSHI, GRT, OMG, SNX, REEF, ALPHA, YFI, YFII, LRC, ANT and MKR @ 3am UCT today to see if any of them took a dip? I'm a little doubtful since they're larger cap coins but perhaps averaging will reveal something.

[Anonymous No.27700908]

>>27699976
Actually a good fucking thread

[Anonymous No.27700930]

[Anonymous No.27700999]

>>27699976
CRV, GRT, ALPHA and ANTUSDT had green candles whereas the rest were red on the 3am hr candle. Does this mean anything? It's dubious, but also evidence that I'm right.

Anyway folks I've kept this thread alive too long and need to take some shut eye. I'll be back to continue looking at Reef's fundimentals starting with the roadmap.

Hopefully this has been useful to some of you! Later /biz/

[Anonymous No.27701103]

>>27700999
Goodnight and sleep well, thanks for the useful info!

[Anonymous No.27701112]

I got purged from binance for being american. I live in Japan now. Should I just make a new account? I'm interested in reef.

[Anonymous No.27701451]

>>27699775
Seriously? spend 5 minutes to read the thread you absolute pajeet-bot.

>>27699976
3AM UTC, right? UNI, AAVE, SUSHI all saw dips. Checking.

[Anonymous No.27701607]

>>27699976
Ah, you've already done it. Thanks for the info.
Looking forward to your next thread tomorrow, use a similar thread name so we can identify. Night.

[Anonymous No.27701879]

Bumping

[Anonymous No.27701936]

looks scamy to me

[Anonymous No.27702050]

>>27701103
This was a great thread, thanks OP. I hope you make it.

[Anonymous No.27702315]

>>27701936
Did you read fucking anything?

Project in rough draft stage of a defi product that will add many useful functions and features over existing options. Sky high ambitions, but seemingly hitting targets thus far on schedule.
You're buying into a start up here and should understand the risk of going to zero associated with that.

[Anonymous No.27702397]

>>27685209
>REEF!
Pajeetscam of the week.
Brought to you by the same fuckers who shilled fucking SHRIMPCOIN and ROT.
If you're not balls fucking deep in SNX and AAVE right now, you're doing it wrong.

[Anonymous No.27702563]

>>27700908
ye I'm not holding nor thinking of holding a bag, but legit good thread

[Anonymous No.27702634]

>>27702397
cope

[Anonymous No.27702737]

Im going to hold for a long time. Thank You for the thread OP.
Im a 16k stacklet and im gon hold for a llllooooooong time

[Anonymous No.27702760]

I love how some of you still think it matters what the project actually does. It's cute.

[Anonymous No.27702886]

>>27702760
what do you think actually matters?

[Anonymous No.27702973]

This thread is one giant sell signal. I'll get back in when something is actually going on.

[Anonymous No.27702989]

>>27702886
Whether the price goes up or not.

[Anonymous No.27703036]

>>27702760
Go buy doge hehe

[Anonymous No.27703156]

gonna hold on 250k for a year just to see how this turns out

[Anonymous No.27703255]

>>27703036
I already hold doge, as well as reef and many others. Which one do you think I'll make more from today and why?

[Anonymous No.27703492]

>>27700999
Thanks OP, hope you have a good sleep. Looking forward to hearing more from you.

[Anonymous No.27703785]

>>27703255
Long term > short lel
Lets talk in a week and see how much you made

[Anonymous No.27703880]

Solid thread, great info and research. Thanks to everybody involved here!

I think the takeaway from this thread is:

>new project, early stages
>shooting for the stars in terms of uses and functionality
>getting notoriety and a helping hand from Binance/CZ
>currently pretty cheap compared to its contemporaries
>could fail to deliver and flop
>huge if it doesn't
>buy the dip faggot

[Anonymous No.27703909]

>>27686717
I spent ages 'doing research' in 17 and 18 and just rekt myself.

Now I just buy whatever small cap shitcoin seems to get good attention on here. Don't know a thing about Reef, don't care.

[Anonymous No.27703933]

>>27703255
So your contribution to this reef research thread is: it has no PnD value today?

[Anonymous No.27703986]

>>27685209
>dump of 5% after a 60%+ run

[Anonymous No.27704106]

>>27703909

you know many things about reef

>it has dipped
>and is worth less than 3c
>and has gained 30m+ daily trading volume over the last days
>and binance is shilling

[Anonymous No.27704191]

>never heard of REEF before in my life
>suddenly spammed here on a daily basis
yep im think pajeet scamcoin

[Anonymous No.27704337]

When will this be more easily accessible? Any chance of it coming to coinbase in the near future?

[Anonymous No.27704403]

>>27704191
That would make Binance look very bad for shilling it so much

[Anonymous No.27704465]

>>27704403
yeah theres zero pajeet shitcoins on binance

[Anonymous No.27704681]

>>27704465
You're not getting it champ - they're literally shilling Reef, not just listing it.

[Anonymous No.27704699]

Told you cunts it was gonna drop today.
Sold at 0.029, waiting until 0.026 to reenter.

[Anonymous No.27704739]

>>27704465
Comfy as.

[Anonymous No.27704767]

>>27685209
This is the kind of thread /biz/ needs, not reddit asking to be spoonfed or low IQ /pol/ shizoposting

Thanks OP

[Anonymous No.27704792]

>>27704739
Ah, wrong pic.

[Anonymous No.27704890]

>>27703909
have fun staying poor, i dont care

[Anonymous No.27705296]

Any chance that I will hit $500k this year?

[Anonymous No.27705400]

goddamit everything is on green and this one is not moving. why i bought this one

[Anonymous No.27705455]

just bought in, seems like a solid project -- scared that this is gonna crab and GRT's gonna explode though

[Anonymous No.27705539]

1500 Reef poorfag reporting in

WIGMI?

[Anonymous No.27705554]

>>27705296
Now that's a ReefGod stack cunt.
If all goes to plan I'd be hoping for 500k ($0.5/reef) by EOY and 1mil+ ($1/reef) in 2022.

[Anonymous No.27705620]

I'll probably throw 500 usd into this and get me a 20k bag desu

[Anonymous No.27705869]

>>27705455
I only see upside to grt, but I'm honestly not expecting a price explosion. They brought a very mature product to market and we're deep into price discovery phase now, unlike link (or possibly reef) where we got a heads up to buy in years ahead of a useable product.

[Anonymous No.27705901]

>>27705400
This. Literally everything is mooning right and left and this coin just goes deeper and deeper into red. Imagine what will happen if everything else starts to dump soon. Yep, we will be dumped on twice.

[Anonymous No.27706004]

>>27705296
0%

[Anonymous No.27706096]

>>27702760
In the long term it does, especially since the timing of this thing is coinciding with when the normie masses will come pouring in when the faith in stocks plummet and belief in crypto will explode. The normies will get in over their heads but want something to make it easier, REEF is positioned perfectly is they just manage to pull off and make all their ambitions into a concrete product. This is a long term hodl, fuck off to Sake or Donut if you want a PnD.

[Anonymous No.27706407]

>>27704792
>reef literally sponsoring the event
>g-guys binance is shilling it!
Enjoy your ride down to 0

[Anonymous No.27706769]

>>27705901

>deeper and deeper into red

I see that you have hindsight or foresight that lasts no longer than a few hours. A quick glance at the chart + the news that Binance is hosting a reef trading event starting at 12AM UTC tomorrow means that reef is going to hit a new high soon. Buy the dip you mid-wit

[Anonymous No.27707072]

>>27706769
I am all in but please explain the following.

[Anonymous No.27707105]

Great thread. I tried to be a voice in reason in various REEF threads pointing out that the hype wave on biz is great for enthusiasm but the project far from ready. All the signs we can reasonably evaluate tell me this project has huge potential and a fair share of risk this early.

Defi is going to be an order of magnitude bigger in a year and the project that is best able to rope in retail investors has a chance to be absolutely massive. Denko has been clear that THE problem is how to get retail investors. Everything they do in aimed at capturing them.

When they release a working platform (even if its only ERC20), assuming it goes smoothly, we could see a huge price jump even if is limited in scope. This has the ''potential'' to be a top tier product.

>>27705901
I would not buy now. When the market retraces from this huge pump, who knows where REEF will be? If you are looking for short term gains, this is not for you. If there is a huge dump I'll be filling my bags more though.

I only have 200k REEF. IMO worst case we'll see a hype based 2-3x. Best case over time.. can't even imagine.

[Anonymous No.27707124]

>>27706407
Lol. It's like buying a $1 lottery ticket with a team working on finding the winning numbers before the drawing. Throw $1000 in, and if the kid pulls it off, you'll be up $30grand. If not, well, it's $1000. What were you going to do with it anyways?
>oooh, I'll invest my $1000 prudently, and in 700 years I'll buy a real doll.

[Anonymous No.27707458]

>>27707105
When do I buy? At 0.025?

[Anonymous No.27707949]

>>27707072
dat 43%+ tho

[Anonymous No.27708325]

>>27707458
fuck i bought at 0.027. ngmi

[Anonymous No.27708475]

Crashing hard rn

[Anonymous No.27708578]

>>27707458
When I said don't buy to that anon, I meant that people looking for short term gains (1 day to 1 month) shouldn't bother. You can probably do better.

Keep in mind: everyone is telling you this is a long term play.

I'm waiting for a dip because I already own REEF. If you have none and want to get in, who can say? Is the difference between .025 and .027 that big if you think it hits .1 or .3? Buy half your stake now, if it dumps buy the other half.

This is not financial advice. I'm a midwit normie escaping 5 figure hell.

[Anonymous No.27708800]

i know that the second i sell all my reef to chase a pump, reef will go green and fuck me.

[Anonymous No.27709133]

>>27708578
This is what I am doing. Got a 20k stack and looking to get another 20k on the next decent dip

[Anonymous No.27709375]

Don't forget you can always average in incrementally with small positions regardless of what asset you're looking at.

[Anonymous No.27709382]

Adamantium support at 0.27

[Anonymous No.27709576]

>>27708475
It's up a penny since I glanced at it while taking a morning shit.
Why are people watching the ticker on a super high risk low cap that's several quarters away from a functional product..?

[Anonymous No.27709645]

>>27709576
*10th of a penny

[Anonymous No.27709711]

Just a headsup, Denko is doing a live Q&A in about 15 minutes over on the Reef Youtube page: https://www.youtube.com/watch?v=b7tz4jfYXyU

[Anonymous No.27709931]

Guys, I need some opinions.

The bad launch of unifarm staking, with a buggy as hell website.
Bots spamming questions on Oro AMA on reef's telegram group to make it look like a very interesting project.
Didn't they look into their scammy partners?

Also, isn't Reef a sponsor of the binance blockchain week? Did they invite Denko to speak or did he buy his way in?

What do you think of that? I'm suspicious about this project

[Anonymous No.27709970]

>>27709711
Watch him announce he's leaving the project and being replaced by Jayanth Malaktarishaissabad. All this analysis for nothing...

[Anonymous No.27710087]

>>27709931
It's over ...

[Anonymous No.27710107]

>>27709375
DCA is tough because it's not exactly optimal and if you don't have Binance (burgers) you're getting raped by gas fees.

[Anonymous No.27710146]

>>27709931
i think this autistic slav kid may indeed make something big, but unfortuately he's not experienced enough and that's why he collaborates with pajeets right now

[Anonymous No.27710264]

>>27710107
>DCA is tough because it's not exactly optimal
That's the point though, you're not gonna buy that bottom and sell that top every time. Most people here aren't even gonna do it once.
DCA makes sense especially when you're in for the long run, which seems the consensus here.

I wouldn't know about the burger issue though.

[Anonymous No.27710307]

Is $1 EOY a realistic price?

[Anonymous No.27710338]

>>27710146
Binance will provide him unlimited resources to deliver on his god-tier vision.

[Anonymous No.27710347]

>>27709931
>Did they invite Denko to speak or did he buy his way in?
I think it's the latter
reef was the only new project there

[Anonymous No.27710350]

>>27709931
A little, or a lot, of skepticism is healthy. Don't put in anything you're not 100% comfortable kissing goodbye.

[Anonymous No.27710402]

>>27710307
0.01 is realistic

[Anonymous No.27710415]

>>27703880
REEF does a lot of AI hand-waving if you read the White Paper

A lot of projects who want to do something amazing but don't know how to do it, say, we'll use AI

Still, AI usage in Blockchains on markets is very new and could be something amazing, even small basic usage of AI could generate a lot of value for REEF

That being said there is no working project to point to with REEF right now. One could wait probably until the Fall of 2021 and see REEF at $0.50 on pure speculation of hoping for something good and not core value

Personally I'm buying REEF because I believe CrossChain is the future. I could be wrong and ETH asserts dominance but with ETH prices only going up, its network is becoming more and more expensive

[Anonymous No.27710439]

>>27710338
Binance does not give a shit about reef lol

[Anonymous No.27710458]

>>27710307
Not even remotely. Probably borderline logically impossible, if being that black and white helps you.

[Anonymous No.27710588]

>>27710439
They gave it the innovator tag the other day, for whatever that's worth.

[Anonymous No.27710715]

>>27710439
Their actions to date say otherwise. Good luck sweaty, stay poor.

[Anonymous No.27710771]

>>27707072
notice how every other coin has the exact same dip just at different times and they all happen to be moving upward now? reef is just behind by a bit. you're thinking wayy to close to short term

[Anonymous No.27710900]

hello, new cryptofriend here, live in shitty jew york city (live at home still but want to move when I made it) which has a lot of restrictions of instant buying Ethereum to trade for other coins.

If I use a wire transfer for Coinbase Pro, can I trade that Ethereum as soon as the money is transferred? Otherwise the ACH deposits take 3-5.

OR do you guys know a place where I can buy and send Ethereum same day that works with a NYC bank account?

[Anonymous No.27710907]

>>27685209
https://www.youtube.com/watch?v=b7tz4jfYXyU
GET THE FUCK IN HERE

[Anonymous No.27711020]

>>27710588
>>27710715
>Avalanche

Who ?

[Anonymous No.27711155]

>>27711020

Here you go champ:
>>27704681
>>27704792

[Anonymous No.27711202]

>>27710900
I think any eth bought through metamask is instantly tradeable, but it's expensive on there. Not 100% sure, because I would never spend $45 to buy something on metamask.

[Anonymous No.27711277]

>https://www.youtube.com/watch?v=b7tz4jfYXyU
https://www.youtube.com/watch?v=b7tz4jfYXyU
>https://www.youtube.com/watch?v=b7tz4jfYXyU
https://www.youtube.com/watch?v=b7tz4jfYXyU
>https://www.youtube.com/watch?v=b7tz4jfYXyU
https://www.youtube.com/watch?v=b7tz4jfYXyU
>https://www.youtube.com/watch?v=b7tz4jfYXyU
https://www.youtube.com/watch?v=b7tz4jfYXyU
>https://www.youtube.com/watch?v=b7tz4jfYXyU
https://www.youtube.com/watch?v=b7tz4jfYXyU
>https://www.youtube.com/watch?v=b7tz4jfYXyU
https://www.youtube.com/watch?v=b7tz4jfYXyU
>https://www.youtube.com/watch?v=b7tz4jfYXyU
https://www.youtube.com/watch?v=b7tz4jfYXyU

[Anonymous No.27711381]

>>27711277
nobody cares

[Anonymous No.27711425]

>>27711020
>look at this d00d
You're fun. This is a thread of preople talking about the tech fundamentals of an investment we all are aware could go to zero, and that you clearly have some stake in because you're watching the price like a hawk, and you're shitting in our cheerios.
I want to give you a hug and a kids on both cheeks.

[Anonymous No.27711426]

>>27711277
>https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
>https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
>https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
>https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
>https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
>https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
>https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]
https://www.youtube.com/watch?v=b7tz4jfYXyU [Embed]

[Anonymous No.27711495]

>>27711381
"nobody cares" kill yourself you retarded faggot

[Anonymous No.27711585]

>>27711426
based

[Anonymous No.27711590]

>>27711425
I don't buy shitcoins I am here because I love laughing at you miserable fucks, buy bitcoin

[Anonymous No.27711638]

>>27711426
MY MAN DANKO.
Why do Greeks sound French when they speak English?

[Anonymous No.27711687]

>>27710415
As a counterpoint, the stuff REEF wants to do with AI is hardly advanced. It's really just balancing investment baskets, and the investments are determined by risk analysis and APY. This could all be done algorithmically, meaning that the AI just needs to be better than an algorithm would be.

The risk analysis is pretty interesting. It's buried in the videos but Denko talked about risk analysis pretty extensively. They scrape contract data and social media data and compare them. They look for how old the contract is, how fast/how much money came into the contract (how "organic" it was), when the contract was created vs when social media presence started. How much social media presence, unique sources across mentions and platforms (so is it being shilled or not). There was some more but I can't remember it all. I can find a source if someone wants.

I said in another thread that the peripherals and concepts of this project are exactly what you want. They have "thought of everything". Whether they can do it, whether they have the tech, whether they get adoption, those are unknown, but those are ALWAYS unknown until the project actually takes off.

[Anonymous No.27711791]

>>27711381
I care

[Anonymous No.27711794]

>>27711590
>11 posts by this ID

[Anonymous No.27711836]

>>27711590
>buy the globalhomo crypto who's only function is sitting on coinbase and being "digital gold" with the volatility of pork bellies
Thanks for the tip!

[Anonymous No.27711915]

>>27711426
Thanks

[Anonymous No.27711934]

>>27711590
>11 posts by this ID

>>27711687
This. They're innovating and Binance obviously is on board with their vision. We just need them to deliver.

[Anonymous No.27712003]

>>27711638
>macedonian
>greek
They are slavs

[Anonymous No.27712067]

>>27711794
I like darkest dungeon

[Anonymous No.27712112]

>>27711934
you have 15 posts fagget

[Anonymous No.27712161]

>>27711687
The idea of being a Cex and Dex aggreggator AND being able to build your own custom baskets is enough for me to invest at this price. If they manage to pull off a sofisticated AI that automatically adjusts baskets to increase APY%. that would mean Reef could be a top 20 token. This project has insane potential

[Anonymous No.27712284]

>>27712112
LOL. But I'm not the sad cunt posing in a thread telling others how bad their investment is.

[Anonymous No.27712471]

>>27712284
I don't want to jerk off again why are you bullying me

[Anonymous No.27712541]

>>27707072
>explain extremely short term market movements
the only explanation is that you're a nigger with high time preference and can't see beyond a 24 hour time horizon. stay poor nigger

[Anonymous No.27712699]

>>27711277
Holy fuck DENKO is autistic and based. Strongly bullish vibes from this.

[Anonymous No.27712893]

I fucking love Denko. Looks overworked though

[Anonymous No.27712964]

Didn't want to start my own thread, but does the token price of private sales that went bedore listing on binance and also seed sale and such (i don't even know what this is exactly) has to be considered, because all of the people that bought before you have already 20 x their money at the current price. Which means that price is going to dump a lot short term. Am i correct in my thinking? Kind of new to this type of analysis

[Anonymous No.27712983]

Someone should ask him how can the little guy have trust in this project when the large dumps keep happening.

[Anonymous No.27713134]

>>27712893
Yeah and Vitalik looks like a fucking skeleton lol. Interesting signs about their work ethic.

[Anonymous No.27713251]

>>27712893
It's been a busy few days for our guy, I hope he can get a day off

[Anonymous No.27713378]

>>27712964
Every VC backed project with private sales sell it for a fraction of the listing price. Just look at Solana, Avax, Ethereum, Chainlink etc.
Its just how it is, VC's get the real money and we fight over the scraps

[Anonymous No.27713423]

>>27712964
fuck how does a normal trader get in on presales like that? is it just for rich venture capital kikes?

[Anonymous No.27713467]

The YOUTUBE LIVE IS FULL OF PAJEETS! RUUUUUUUN

[Anonymous No.27713710]

>>27713467
Of course they are, they'll feed their family and other tribes for a decade.

[Anonymous No.27713740]

cant get higher because someone dumps all of his 3.6m reef at 27100

[Anonymous No.27713818]

>>27713467
Saw an Indian username and immediately sold my entire bag.

[Anonymous No.27713868]

>>27713467
sell sell sell

[Anonymous No.27713878]

>>27703785
Answer my question. I already told you I hold both.

[Anonymous No.27714157]

>>27713378
>obvious exploitation vectors that Halborn was able to leverage
>> within the timeframe of testing allotted.
Well, the scraps can be quite significant. However this many tokens being sold at this price migh just set a top at current price for years. Apparently it costs millions of $ to list a token on binance. I don't have much experience, reef will be my first risky crypto investment, and this is my first serious analysis. Sometimes, tokens are locked for years before they can be sold on markets. Is that the case currently?

[Anonymous No.27714219]

>>27713740
Great, I hope he holds it down until I'm done shorting DOGE into the ground

[Anonymous No.27714289]

selling I'm off

[Anonymous No.27714442]

>>27714289
Off too. Goodnight friends, will sleep like a baby with my quadruple suicide stack.

[Anonymous No.27714517]

>>27714157
The tokenomics are public. The tokens are being released every 2 months over the next 2 years.

[Anonymous No.27714538]

>>27713467
So was the telegram when they were to launch on Binance
At that point I knew it would dump upon listing
Many got rekt kek, this coin already has many bagholders hoping to dump

[Anonymous No.27714541]

>>27713740
Solid buy orders rolling in post fireside chat

[Anonymous No.27714707]

>>27714538
did you consider the fundamentals or your understanding of crypto is limited to pajeets meme and pump & dump scheme?

[Anonymous No.27715329]

>>27714707
What fundies does REEF even have?

[Anonymous No.27715934]

>>27715329
the project itself, team, price sales, etc... If they are smart they won't dump early