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Come on my fellow hldrs, make your predictions for this weekend pump ATH. I m for $1.02.
>>277519781.14
>>27751978I have no doubt we go above $1 but I'm so scared whales will dump too.. Has there ever been a project where staking was locked so aggressively? 28 days, no rewards. You think about it three times before undelegating. It's the ultimate incentive to keep it locked up. I'm new to staking BTW please no bully.
>>27751978I think it's gonna be stable at a little over $1 by end of feb. It'll pump to 1.1 this weekend, get dumped to .9 and climb back up by end of feb.
>>27751978if you lived through link, this is the redux. prepared to be fustrated while everything else moons. our day will come but no gains without crabby suffering
.94 this weekendcrab next week from .88 to .921.05 next weekend
>>27751978Little pump inbound but not worth selling forI set a sell limit at $2 if by chance it hits that and I'll buy back after the crash
$1000
Was really hoping it would of gone down to .70 today so I could if bought in another 300$ but rip me and my 311 stacklet.
Sell now. It's going down to 0.75 or lower. Don't say you weren't warned.
>>27752423>Thinking abouth sellingNever selling.
>>27752139DOT works like this..
$1,03 Digis decide if true
>>27752693god I hope so, I need to buy more,
$1,10
>>27752693god I fucking hope so, I can fill up more there
Shill me on GRT copium
>>27751978$1.24
>>27751978I predict breaking through a wall at .90 but hitting another wall at 1.00. Pump stops at .99 this weekend but that's nothing to be mad at.
>>27754000>Data is exists in the blockchain in an unorganized fashion>Dapp developers want to access this data>Pre GRT they had to download the entire blockchain and then perform a linear search>This problem becomes exponentially more complex if you want to join data.>Say the difference between finding all men, all people age 40, or all people named John. Versus finding all people named John that are 40. The first example is hard enough, the latter would take ages>GRT indexes the entire blockchain using what are called indexers (people with servers resources)>They create queryable API that allow dapp developers to just focus on their dapp instead of creating a database>Running servers isn't free>Indexers get rewarded with GRT for hosting their servers as well as for processing queries>Delegators signal to the network that an indexer can be trusted by staking GRT to that indexer>Delegators get a share of that rewardGRT is needed as a currency to incentivized running indexing servers that process queries for dapps.
Retard here:Is it possible that I can set up price alerts for GRT somewhere? Like if it drops or rises 5% or 10% etc etc?
>>2775197898
>>27754581Blockfolio does that really easily.
Unless your gonna pump it to $1000 fuck offIm not done accumulating. Sitting on a 500 poorfag stacklet
>>27754581Kind of, in binance you can set spot orders so you calculate a what the value of a 10% price drop is and then it makes te purchase atomatically.
>>27754581>retardAt least be more conspicuous about being a redditor.
>>27752308literally thisjust HODL and WAGMI
>>27751978Easily retesting ATH paired against BTC. Seems to be some big resistance around .88, but it will break. Tomorrow night volume will pick up, capital from AAVE and ETH gains will move into alts like GRT LINK and some others probably like crv, 0xchain, polkdaX. $1.05 by Sunday
lol nobody in here even knows that the 1st wave of investors are subject to a 1 year no sell. Can't wait to see them sell on you apes.
>>27752364correct take
>>27751978We going Straight to $2.25.This will be forever known as The Superbowl Pump
>>27755315Imagine saling the pornhub o blockchain.
>>27751978Weekend dump plz, at least tmw, just got my funds thru and my. bag. is. not. yet. full.>inb4 you had 6 weeksi was being distracted by all the shit going on over at /pol, plz forgive me
New silicone tiddies here I come
>>27755637ya ya ya the google of blockchain. The caddalic of crypto. PILE!
>>27755811If you are not gona be a EGirl then dont waste you GRT in silicone tiddies. Just hold for a few years.
>>27755981I want to hold enough to buy a house for my mom
>>27756084Yeah you don't have nearly enough.. if you invest in some kneepads and let me use your holes however maybe you can get there over time
Bump>I can still buy GRT for less than $1I can still buy GRT for less than $1>I can still buy GRT for less than $1I can still buy GRT for less than $1>I can still buy GRT for less than $1
>>27754696I found that out seconds after asking that question. Thank you. >>27754857I'm not from reddit, just new to crypto. Redditniggers must hang.
I want to dump and rebuy at 77ish but I don't think it's gonna go downAny swingies here?
>>27756084Post booba or get fuck out.
>>27755811You missed a call, don't pick it up if they call again.
>>27756394no bobo it will not go down. GRT investors are in for the long haul or at least until it makes a few bucks. GRT will be a dollar by the end of the week. Get in while you still can.
>>27756084>>27755811You will never be a real woman. Seethe, dilate, and kill yourself.
>>27752423> sell limitYou're not staking?
I'm a crypto noob, did some research and liked this one, so bought a $100 worth and hid the password from myself. Am I gonna make it?
Comfy hold
>>27754148>>This problem becomes exponentially more complex if you want to join data.>>Say the difference between finding all men, all people age 40, or all people named John. Versus finding all people named John that are 40.This is not true. Finding all people named John in a table requires a table scan (sans indexing) which is O(n). Seeing which ones are also 40 by joining in a second table will lead to n expensive lookups, but that will only increase the size of big O, which remains at O(n). Complexity does thus not increase exponentially but linearly. However that line is steep enough that it matters.
Alright I just got 1000 of them. If you can convince it will go up I may get 2000 more.
>>27756729That's a little harsh, just because she has small titties doesn't mean she's not a real woman. I mean, it's not like she's some kind of trannie, amirite?
damn, down by .05 again...
>>27757188How does 33k sound?
Bought at 79. Gonna swing it on Sunday.
Just bought 100. Its not much but I'm a poorfag
>>27757776How does $0 sound?
There's a fucken 2MM buy wall between us and sub-0.78 prices. I'm pessimistic that I'll get a chance to finish stuffing my bags below .80
1K stacklet and rather new to crypto myselfhow/why/when do i start staking?
hello friends, new cryptonoob here, did a bunch of research on longterm hold coins and GRT and RBC seem like what I want. Whats the expected EOY? Not selling since I have a job I like but want to know what Im getting into
>>27754152
>>27757949This is my question as well. How long is it locked for?How much is needed to be worth it? (Some anon mentioned like $5-10k) above
>>27757977>rubicgo away shill
>>27752693fuck yes please be true i need a few thousand dollars more
>>27756394I dont think its droping that low again unless a huge whale dump
Thinking of swapping all my ETH for GRT
>>27757949when youve accumulated enough to make it worth while. with as little as 1k, id rather try risky coins that could yield x10 or x100 if youre lucky. swining would also help. 10k at the very earliest is when id consider staking, but only if i have a sizeable amount to keep trading regularly
>>27758101how much ETH do you have?
delegating locks its for 28 days after the last day of delegationnot worth it for less than 5K irc
>>27758240About 20.I'm thinking GRT is actually a better long term hold than ETH, because ETH is fucked by fees. I'm not sure if I'm willing to face the inevitable token unlock though. If not GRT I will probably just go into BTC.
Everybody said dump mid week which turned to pump. Does this mean dump this weekend when everybody expects pump?
>>27758427i personally would not feel comfortable converting all that ETH. Maybe sell enough ETH to buy between 5-10k GRT and then delegate it?
>>27758529
Fuck. I know GRT pumps on the weekend, but it feels like it hardly dropped at all this week. Been wanting to buy a little bit more should I just get it now? I mean surely it wont break the weekend pump cycle now will it?
>>27756084You are gonna make it. Have faith and a steady hand.
>>27758647I already have about 10k GRT, it's not so much about increasing my stack as it is finding an escape from ETH. I'd prefer something more linked to Defi than daddy BTC. I thought of LINK but I think GRT has better growth potential. I will probably just buy in for now, there is still time before token unlock to sell anyway.
>>27758787Time to buy now. Or DCA like half now and half on the weekend in hopes it dumps.
Should I dump $200 into this coin
>>27757949>>27758073Not worth it to stake until you've got at least 5k, due to token burn and gas cost. Tokens are locked for 28 days once you decide to undelegate. see link below for instructions once you're ready:https://stakingfac.medium.com/the-graph-staking-guide-5ec1455f4783
>>27758787>hardly droppedIt dropped .89 -> .72. I added to my stack during that time
has a coin ever been shilled on /biz/ as hard as GRT?
>>27759332rbc
>>27752693Good I hope so. Need to buy high sell low
>>27759332Newfag
>>27759332
>>27752693People keep saying this the entire week and the floor just keeps on rising.
Who has the picture of the mcdicks to software engineer clone explanation of delegatingI love my clone working my 2nd job 24/h a day for methank you clonethis is like $500 a month, good job.>>27759332Link
>>27759267Yeah. I knew should have fucking bought then, i was just hopeful it would still hit 60s wednesday or today.
>>27751978NO, please , it's only Friday so just wait until tomorrow. I have more money for GRT tomorrow
>>27759621
>>27755315when does lockup period end
>>27759704Go poo on rubic instead
Cycles getting shorter. Floor getting higher and higher.
>>27759895WHAT DOES IT ALL MEAN
>>27759997i think it'll go parabolic randomly in the coming weeks followed by big correction
all the flaws discussion in this thread has made me nervous in investing more aaa
>>27759997It means we're all going to be fucking stinking rich my friend.
>>27759332were you too early for link?
>>27759621How much are you delegating for those returns
>>27759997It means buy you you stinky rat
>>27757977dont buy rubic retard
>>27759714thank you>>2776019730kthe returns vary between .40-.90/h. I was expecting .45 or so, so I welcome anything in my favor.
This time last Thursday GRT was in the 50s
>>27759827Curator rewards vest every 3 months starting March 2021, Early team and advisors vesting ends July 2021 (this is the big one, like 25% of supply,) early sale tokens vest Oct 2021, Testnet tokens vest Dec 2021
>>27752693I actively cheer this shit on when its crashing, I buy every thursday.
I already have 6k GRT, but I'm sitting on $2k I want to invest. Should I put it all in GRT or try out AAVE? NU is also looking good right now.
>>27760928GRT
>>27751978Enjoy having 8 billion coins dumped into circulation retards
>>27757156Yes. Check back in 3 years and you can buy a ps5
>>27761128thanks for bringing up the future supply increases we're all entirely aware of.
>>27759997How does 100 sound
We need someone with trips to make meme magic.
>>27759332i'm new but holy shit you're new
Trips
>>27761745Euros will be eating off the $1 menu when they sell for saturday morning breakfast
Bought about 15 ETH worth
>>27760674Rewards used to be better. I was getting 4-5 an hour early January. Now 2-3 an hour. Too many people delegating.
>>27762084Shouldnt that stop big panic selling dumps from happening?
>>27762084GRT is worth more now though. You have to look at the $$$
>>27762084GRT was half the amount in January. That'll continue to happen, ideally, and you'll have more GRT every day.>>27762426Yes and no. It does take GRT off the market, for 28 days - and most people with any amount of real GRT are going to delegate. The double edged sword from this will be people with smaller amounts of GRT (<5k) can flood the market and have a higher chance of influencing the market due to smaller amounts of circulation. They are less likely to delegate due to gas fees and returns not really being worth it.but this is also what makes it a nice comfy stable coin, so it doesn't bother me. I wouldn't even mind if it stayed at $1 forever, so long as delegation rewards remained consistent. It'd just be one of my passive incomes. I'd accumulate enough to get roughly $800-$1000/m.
>>27761947cry about it nigger
>>27761956This isn't a get thread, fuckwad. Also, your price guesses are shite
>>27763112should I stagger my purchases to see if a retrace happens or should I just get them all now
>>27755315what did he mean by thisfor normalfags who just buy it and hold it, that doesn't impact us, right?
>>27757868Swingcucks will only wish they hadn't after they fly too close to the sun and price themselves out.
>>27763323If the retrace doesnt happend and price keeps then you will be able to buy even less than if you buy now. So at least buy some now.
>>27763422idk what he meant or what he thinks it meansthe indexers and freelance developers who were involved in the beta for this were paid in GRT, but many are locked in for 1-2 years. you need 100k coins to stake though.god forbid bagholders dump and I stack 100k coins and start indexing
>>27763180S E E T H E EETHE
>>27757219Nice. I actually wrote that pasta. Was never good at O complexity.
>>27763741I’m almost at 100k and after doing tons of research I don’t see indexing as worth it. Once mainnet is packed with sub graphs you’ll be fighting with other indexers for queries. You can’t run this at home, you’ll need to run this in an indexer. From my cost analysis to get the proper hardware on bare metal or cloud you’re looking at near $1000 a month minimum. Not including running the archive node. Additionally depending on how many sub graphs you index you’ll need to pay ~$40-60 minimum in gas each sub graph each 28 days. If you have 20 sub graphs indexed that’s about $2000 a month. Not including all the time to admin everything
>>27763928sup reddit
>>27764166thats a 100 percent profit rate though, if I understand correctly
>>27763112People with 5k are a drop in the water. They can sell and it won't matter. Keeping the whales busy is kino though.
>>27764674That completely depends on how you value your time. Running an indexer is not a set it and forget it operation. I’m getting 20-30% apy just delegating.
RSI indicates buy. It’s literally only going up from here lmao what a ride. 2k stack gonna take me to retirement in 5 years when this blows tf up
>>27763323buy 1/5th what you can afford nowset limits for some below current to see if you catch some overnight, 3/5ths total, all at different price points going down. Don't set them for even ones like .75 do .751 or a bit above each full number.Reserve 1/5th in case The Dip™ happens. If no catch, reevaluate. If a big crash happens, just hold. Do not FOMO either way. This is a long hold. There are going to be dips likely when early backers can sell their stacks but nothing is guaranteed. All of this being said make sure you believe in the project before deciding this.
This is the next LINK. FUCK I NEED TO STAY LIQUID FOR MY MOVE LATER THIS MONTH
>>27764983What's RSI?
>>27765333Compared to link it's way better. It took link years to get this high.
>>27765350Relative strength index. Determining if something is oversold or overbought. Typically overbought indicates bearish divergence and oversold is bullish. As of rn it’s closer to oversold and the price is remaining steady. It’s going to pump again and we might see .9 by mid day tomorrow with possibility of 1 over the weekend
>>27754148I agree, no query no dapps!
>>27759267Nice 1. I was so pissed my buy order of .723 was missed by .003 cents.
>>27765505I'm just going to have to be happy with my baby stack right now. We are still stupid early after all.
Whats next after cup and handle?
>>27765552But also worth noting, this isn’t a pump n dump tok. This is legit showing you the strength and promise. This is here to stay and will fucking explode. Get in now and stay in. Don’t panic sell, don’t freak, etc. This thing is here to stay and it’s going to make me very comfortable on the beach
.9999
>>27765803Massive pump or dump
>>27765897>t. retard
I'm priced out...
just to play devil's advocatewhat would it take for this coin to fail?US government outlawing defis and other associated decentralized networks?
Bros is it worth becoming a delegator at a stack of 2k? I'm long hauling it and it seems like it would be the best move but I can't tell how much GRT I would actually generate over say, a year
>>27766032yeah i mean it pretty much cant fail because all of DeFi uses it and it cant be cancelled because its decentralised there is no single point of failure. GRT is here to stay and reside in the top 10.
>>27760928AAVE or GRTAAVE will be 1k by EOM and GRT i would say 1-3$
>>27766032YesGoogle of blockchain
>>27752693this would be a godsend
>>277660702k would be like 200-300 GRT in a year.It would take ~75-125 GRT just to cover the price of gas, and .5% to delegate. Not really worth it.
>>27766155GRT anywhere from 10-20 eoy 100-200 2y5y.....? It’s going to be top 5 and here to stay
>>27765818Yeah I'm really glad I decided to put 70% of my folio in grt early on. This is giving me so much more leeway to invest in small market cap gems.
Any reason/s for why the price will rise??
>>27766155GRT is not so know yet compared to AAVE. So GRT might have more potential short term.Also, the daily chart from 21. Dec to now looks like a big cup that's going to break upwards. RSI on the daily is high but not overbought.
>>27766032even if government outlaws defi they're 100% going to create CBDCs which will need data constantly.the only thing to make GRT fail is way better competition. Currently there's essentially zero competition and it's tough to even imagine what they could do better.Maybe if indexers start sucking at servicing data you could worry a bit.
we had a midweek minipoomp so I'm starting think the supposedly inevitable "weekend pump" isn't happeningAlso I'm worried that there are too many retards getting into GRT and the price would be .20c lower if biz didn't shill it so much
>>27766629>the price would be .20c lower if biz didn't shill it so mucha few hundred anons with their babby 3k stacks don't do this.
it's the same pattern as the first cup and handle
>>27766455I also thought gov would outlaw defi, before I understood that defi actually really leaves traditional banking and financial services in the dust.It basically solves the counterparty-risk problem, much less collateral required, seconds instead of days, and so much less work. Will kill millions of jobs. Also, it's not anonymous at all. So it's both irresistible and manageable.
>>27766629its number 7 most held on coinbase
>>27766415Google of blockchain
>>27766415We will meme it into orbit.
>>27766693I post here. 600k stack. It’s not whale size but it’s decent I guess.
>>27766455Graph QL is very widely used and proven. It's genious to use it for the blockchain and and ipfs. Dapps need data, and some dapps would need A LOT of data.For some dapps an own indexer is ok, but for many it's not. Also writing a custom indexer for large data can be very hard, expensive to run.
>>27752242Accurate
>>27766809does anyone else see a descending triangle on the 1h?i used to trade forex but sucked at it. however I can't help but see that pattern right now
>>27767050Would you give me 380 so me, a poor nigger from south america can have a 2k stack?
I'm staking 10k. Will I make it??
>>27767149I only have 600 grt. It was a joke. Hoping to delegate and get to 1k in a few years
>>27767271Im pretty sure that is not woth to delegate under 2k due to gas fees.
>basically, it's the rune scimitar of blockchain
>>27766855Dubs of truth. DeFi will integrate into the FedNow payments network. CBDCs are absolutely coming. Deutsche Bank just released a report on digital currencies today comparing them to China's CBDC. They will be here in the next few years. Check out FedNow.
I see an ascending triangle on the 4h. All it all, I think it will break to the upside. OBV is good, ETH has got a good run, RSI is not that strong, but it's just before the weekend.
>>27766389So how much is a good investment to delegate? I have roughly $7000 to invest in various markets in addition to the $6500 I already have. I'm not looking for financial advice, and I've done some research, but various crypto providers like interest through compound and aave or the graph's deligator job seem like good ways to invest long term, I just don't know how much startup I would really need to let them stew to generate actual revenue. I guess that's more general but it seems like a few hundred GRT in 2-3 years time will be a lot more than $200-$300
Worth buying 10k on Coinbase pro? Can’t make deposits on binance rn
>>27766439>>27766391niggas nigga i'm on your side, GRT is great, thats why have so fucking much of it but AAVE is still a beast with lots of constant stable growth. Either one will make you $
>>27767783RH, GME and the problems with clearing houses showed what's in DeFi. In DeFi, everything is automatically cleared in the next block. That saves literally trillions of collateral.
>>27767958but AAVE is atm shilled on each and every pump Discord. GME afaik not atm. So GME has good potential short term. People will notice when it gets in the top 30, top 20 and THEN everyone will jump on it and shill it like crazy.
>>27768010Yup. This whole debacle with GME was proof positive that DeFi and crypto currency is the future.
>>27767958Too late to buy in to aave; less reward for higher risk and slower growth. Grt will catch up and surpass eventually
>>27768179*) GRT, not GME
>>277519781.21
>>27767624this is what I needed to hear.I'm all in.
>>277679515k GRT minimum 10k ideal5k GRT is ~2 GRT a dayThe problem is you'll likely want to invest more in GRT in the future, and every time you want to delegate, you pay the full price in gas fees. So doing one lump delegation is better than multiple small ones. Waiting a month or two to put in 10k GRT vs putting in 5k GRT now would be more beneficial.
straight to 1.20
>>27753877>>27754000>>27755811>>27756300>>27756333trip>>27756444trip>>27756788>>27757188>>27757977>>27758088>>27763422>>27764166>>27765333trip>>27766133>>27766155>>27766455>>27766855>>27767955checked. kek will bless grt with ath
>>27768489So, you pay 1st in gas fees before you delegate, and after 28 days, the tokens get undelegated automatically? How does this work?
Are we the standard?
>>27768595Holly meme. Prise KEK.
>>27768680No. But GRT will revolutionize crypto.
>>27768680Yes.
>>27768754why? best memes on the mongolian cartoon forum?
I've been playing on buying more since last week but it hasn't dipped to .68 like people said it would. Is .80 the new floor?
>>27768655No. You remain with the indexer till you undelegate or the indexer stops for whatever reason. As soon as you undelegate, you have to wait 28 days before you delegate or transfer or trade or do anything with your crypto. This ensures people with fat stacks can't dump, and it also ensures the security of the network. As long as you remain with the indexer, you keep accumulating. If you wanted to put more in the indexer, or with another indexer, you have to pay gas fees again. Similarly, of you undelegate and want to move, you pay gas fees to connect to another indexer.
dont get priced out lads, this isnt gme its btc.
How many GRT to eventually enter 6 figure hell?
>>27768918how much ETH do I need for gas fees with 5K GRT? or 10K for that matter
>>27769136100,000
>>27768595I'm all fucking in
>>27768918the indexers can release you without you having to wait the 28 days too I think
What happens if one indexer gets an overwhelming majority of delegated GRT, are there potential issues like a feedback loop down the line if p2p just becomes the only indexer due to rewards? I guess I need to do more reading but I don't know if having a variety of indexers is necessary or crucial for GRT's health or not.
>>2776913620k-30k should hit low six figure hell in a couple years assuming GRT hits $5 which is fairly high, little sooner if you continue to accumulate and delegate and get to 50k-100k.>>27769213https://www.gasnow.org/https://www.youtube.com/watch?v=AJvzNICwcwc&feature=emb_title&ab_channel=Ethosdepends on time of day and day of week and how busy the network is at that time. Probably like $20-$70, can't really estimate.>>27769352That's true, so you usually want to pick a good one, but the more "risky" ones offer higher rewards.
Chainlink has now been in the top 10 "for ages". That validates GRT price a lot. While Chainlink specializes on oracles, GRT specializes on queries.If LINK can have that valuation, then GRT can have it, too!Link Chainlink, GRT is chain-agnostic.
>>27769368Indexers have a useful delegation cap, if you delagete more than it has avelable then you only recive revard of port of your delegation. If the cap is 100 and you delegate 500 ten you are waisting 400. You will need a big hardware investment before rising your indexing cap so its unlikely.
>>27769666Satan confirms
>>27766415Non meme answer:They will be integrating additional Level 1 blockchains in the coming months.This means dapps not built on the Ehtereum blockchain will be able to utilize the graph. This leads to an increase in queries and thus an increase in the value of the graph project and it's tokens. Announcements will come in a few months, along with addtional tokens being released into the market.
>>27767955Anyone?
>>27767955I think so. I'm 5k in. Even if you swing next week you may get 1-2k in returns.
>>27769368Multiple indexers are invaluable to the health of GRT, and unlikely for p2p to be the only one people use. They are just popular because they have a very fair return and good reputation. It only takes 100k GRT right now to create an index, but like the other guy said there is a delegation cap for them. If an indexer is full, another index needs to be opened or used instead. People won't use your index if you aren't offering at least some reward.I would highly suggest reading their docs on their website on indexers, curators, and delegates, and how that hits a "customer".
Current market cap is 1b. How high do you see this go biz bros?
>>27769862why not???
>>27769862obv
>>277699581 trillion. fuck centralized search engines.
>>27769958similar to LINK
>>27769958Tis is going to be like TESLA. Market cap stimates are futile.
>>27768833It allows developers to quickly index on chain. It will completely change how dapps are developed.
Can we get some decent FUD copypasta? I need the price lower to finish accoomulating my sui stack
>>27769930>>27769997>>27770000 checkedThanks bros, usually use Binance but not going to be able to make deposits for another 4-5 days. .82 is the floor now, right?
.825 seems to be the breakout number, and negotiation is almost done
Planning to buy another 100 GRT soon.
>>27752364Pullback to at least 0.55-0.65 when bitcoin shits the bed, don't forget to take profit along the way so you can fill your bags again.
>>27770295Nope.
Why don't it go way up or way down yet? I'm feeling dopamine withdrawl
>>27771287lmao cope more swingie
>>27771392Sure will, but with a bag twice as big.
>>27771392he>>27771287 might be rightive just been chilliing waiting to see if it breaks out from the pattern its been building before hopping in
I only hold 3200 grtfml
>>27771369>he doesn't get a dopamine hit every time he looks at his portfolio because he knows in 10 years he will be able to retirengmi
How the hell do I set limits in Coinbase? All the good buy times are when I am asleep or at work.
>>27772288cb pro
>>27772322But do I now have to transfer all my money to pro?
>>27771369The longer it stays comfortable the more it shows staying power
>>27772400Better off for it
GRT has now been outperforming crypto total market cap for half a day (check our own time frames you find relevant). Dyor on TradingView. That's a good sign! It means something is brewing...
I CAN'T TAKE THE CRABBING ANYMORE
80 cent stable coin.this is bullshit.it's been stuck at 80 for a whole 24 hours nowwhy the fuck isn't it $8 yet????you fuckers lied to me
>>27772761grt being a stable coin is a good thing because of how delegation works
>>27772400once you go on coinbase pro logged in from your coinbase account you will automatically be logged in. Once you are you can go to withdrawl and theres the option to withdrawal money from normal coinbase account. Coinbase pro fee's are a lot cheaper and is a overall better platform.
ITS THE GOOGLE OF BLOCKCHAINNO MORE 82 CENT SHARESYOU LOSE ACCUMULATORS
IM in GRT for the long hold. But i do also worry that its only going to take off if they can keep the price low...which for us isn't good. Yes its good tech, but no dev is gonna touch it if it hits $5+. Please prove me wrong though i need the copium
>>27772982Is it instant on pro?
>>27773392Do you understand what decimals are? They don't need to buy whole GRT tokens. And the query fee is set by indexers. Fees will be roughly $0.0001 per query.
>>27773392ive had this concern too
>>27773392Welll that would suck.. why even buy it if it sits at $3 forever?
>>27773559To delegate it.
>>27773465yes just log in
>>27773532Keeping fees that low will still require that they keep the cost per coin affordable for developers.
>>27773532To add onto this it's actually in everyone's best interest that the price of GRT increases. If you're a developer your 5000 stack of GRT is now worth more and you can afford more queries, and obviously indexers, curators, and delegators want the price to increase.
>>27773554well, but that's nonsense. This who build the subgraph and run the service set the prices. They'll set the prices according to supply and demand and so that they make a cut. That's totally independent of the price of GRT.
>>27773392>Blockchain 3.0 technologies move beyond cryptocurrency and smart contracts to revolutionize a broader range of social applications including government, health, arts, and culture (Swan, 2015).
>>27773788Problem is most developers wont buy this at the moment. Its a catch 22For developers to buy in, the price needs to be affordable enough. Even if they buy in now, any new projects in the future will get priced out, which will impact uptake on the project.For investors to profit, it needs to increase in price. If it stagnates to stay affordable for developer use, investors will bail since its not worth their time
>>27773995mhmm, you are really not getting it
>>27773995The price of the token is irrelevant as long as the fee query stays cheap i.e $0.0001 per query. There is 18 decimal points in GRT why would the price of the token being $100 be a problem?
>>27773644Is there a cost to doing that?
>>27774357>be me, developer>buy 5000 GRT for use in my project>All good pretty happy>Whale mccuntface drops his load and tanks the market>my 5000 GRT is suddenly worth 1/10 what it was>Can't afford to run enough queries to serve my projectHow do they counter this?
>>27773794oh yeah. the indexers have exclusive control of almost all aspectits the delegators who are at their mercy for interest.this is why the indexers can change your commission rate to 0 percent mid operation
>>27774566With ya chant from 2 weeks ago:>Write app for Ethereum>Wan to look up data on Polkadot exchange>Oops literally impossible>Holy fuck retarded can't even release app now>Have to write app for Polkadot that fetches this data and serves>Have to write way to fetch data from Polkadot app from Ethereum>Perhaps using third party server or similar>GRT>Indexes data from all blockchain>Integrate GRT into Ethereum app>Search "data Polkadot">Get data from Polkadot blockchain>BasedGood fud graphite. 2n best so far
>>27774566this is why indexers exist. they have already taken the risk, and they provide the service for the data the dev needs at a much lower cost regardless of what the price is
>>27774566So you will need moby dick to sell dirt cheep and to everyones else to fud and panic sell. How grt beeing cheep even prevents that?
>>27774566I don't have the answer for that scenario. It's a good question though. You should ask them on the forum or on discord. I'd be interested in hearing their response. Of course your scenario can happen at any price, even now at 80 cents could drop to 40 cents
>>27774512You are a big boy now that is using his money to invest in high risk assets. Learn to find the answers to your most pressing answers yourself or you'll get burned.https://help.coinbase.com/en/pro/managing-my-account/funding-your-account/how-to-transfer-funds-between-your-coinbase-pro-and-coinbase-accounts
IT'S GOING DOWN I REPEAT IT IS GOING DOWN
>>27774566as a developer (api provider), you do not need to buy GRT. You earn GRT! Sure, so your income is a bit volatile, but you set your prices based of some moving average and keep your margins to make up for the uncertainty.
>>27766693jokes on you i only have 500 grt
IT'S GOING CRITICALACCUMULATORS HAVE LOST ALL CONTROL
>>27754148This is a good explanation. Thanks fren