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/biz/ - Business & Finance

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>> No.28578329
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28578329

>>28578255
anyone else here going to just try and live off staking rewards?

>> No.28578346

>>28578255
Fantom a well known pump and dump scam among biz community. Buying Fantom is a common newfag mistake. I’d buy Cardano instead, I heard it’s actually legit project

>> No.28578419
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28578419

>>28578255
Hey anons, hope everyone is having a good evening. This is essentially the moment we've all been waiting for. I've been posting these generals for a good while and I appreciate everyone participating.

The volume to market cap ratio is insane, the amount of FTM hype is exponentially increasing. Search $FTM on twitter, see how ridiculous it's getting now.

>> No.28578542

Best method of staking? I tend to opt in for monthly cycles on my 77k stack.

>> No.28578636

should I keep buying

t. 5k stacklet

>> No.28578640

ok boys i finally did it. after months of staking i finally locked it in for the max locking and minting fusd with it.

this is fucking amazing if it pays for a comfy lifestyle just a few years ago i was a poorfag trying to scrape together $10 for weed every day.

>> No.28578850

>>28578640
nice. ill never understand the minting process due to my low iq but nice man. i'm about to drop another grand on this and i'll be at 50k fanties and thats my limit. probably low to gods like you who got in under .02 but you know, timing and everything.

>> No.28578874
File: 848 KB, 1125x2068, 7613B565-6980-47F3-A3F9-C6E1F3D6B3A2.jpg [View same] [iqdb] [saucenao] [google]
28578874

>>28578419
>search $ftm in twittwr
>see a literal bunch of trannies

Can’t make this up biz. Fantom is a pnd scam orchestrated by literal discord trannies

>> No.28578934

>>28578850
i didnt understand it yet and i still dont. i just locked in my staking and a new button popped up that said mint in the staking window and i clicked it and minted my stack and then went to defi and i minted fusd with it and i kept my c-ratio above 500. i hope im doing it right but thats what people told me to do

it shows pending rewards under the fusd section now

>> No.28578993

I miss when this shit was 13c ;_;

>> No.28579021

>>28578255
Just bought 100 Fantom
Yes low but I'm a poorfag, if this hasn't mooned in two weeks I'll drop another 20-50 bucks in and keep doing that until my bitch ass is priced out

>> No.28579235

>>28578993
me too bud, me too
i found out about it at .08
didn't throw as much as i should have at it. after i did my own research and understood, it was at .13 before i could buy more, and has only risen.

>> No.28579293

>>28579235
>>28578993
i bought it at .04 like a fucking retard and could have like twice the stack and almost bought at .015 and didnt because im lazy as fuck. i was -50% and had to sit through fucking months of ass holes calling it a newfag pump and dump scam but i didnt need the money for anything so i just staked it and diamond handed that shit

now im up like 500%

>> No.28579404

>>28578419
there was a good ten or so under a minute. wow good sign

>> No.28579686

>>28579293
i'm contemplating getting my 45k stack up to 50k with my last ethereum (cant afford anymore). i have 1 ETH and it's hard to part with in case fantom for whatever reason flatlines and ETH flippenings (god imagine the gas fees) but 50k in my head is way better than 45k. i think i'm just gonna go for it.

>> No.28579769

>>28579686
just stake it and close the screen i think fantom is going to do a lot better than eth in the long run. i feel zero stress holding this anymore and i feel like its going to hit $1 and probably keep climbing past that.

>> No.28579920

so if I want to transfer my Fanties from Binance to the Fantom wallet do I need to pay a 100 FTM fee?

>> No.28579955

>>28579920
i think so. i did it in the fall but that was like 20 cents back then lol

>> No.28580056

https://www.reddit.com/r/FantomFoundation/comments/lifvqa/fantom_social_contributors_are_up_5284_over_the/

>> No.28580099

>>28580056
https://www.reddit.com/r/FantomFoundation/comments/ligj4a/whale_watch_918_million_ftm_added_to_the_recent/

>> No.28580198

>>28579769
yeah most likely right. here we go!

>> No.28580318
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28580318

>>28578874
gj fren
yuo made the joek

>> No.28580377

>>28579955
damn... priced out of even staking

>> No.28580457

>>28580377
hopefully they fix that it makes no sense why the fee is still 100 ftm

>> No.28580790

it is good for fantom to stay at 90 - 100 ranking.
newfags will see it as an easy 100x causing new holders and a growing community.
ACCUMULATE FAGGOTS

>> No.28581001

>>28579920
No, only from FTM to erc. From binance to FTM, binance will decide the fees. I think they have native opera tokens so its super cheap.

>> No.28581064

>>28581001
it says
>All bridge transactions incur a fee of 100 FTM, deducted from the transfer amount.

>> No.28581097

>>28581064
you can try asking the support team

>> No.28581367

>>28581064
then I'd wait for binance to add native opera support if you don't have a lot. I have a 500k bag so I get enough staking everyday

>> No.28581513

is there a point of staking with $6,650?

>> No.28581774

>>28581513
shit 6,650 tokens I mean

>> No.28581809

>>28581513
If you lock it and mint fusd and expect it to grow yes. I’m staking 30k and gonna use the staked rewards every year if it hits $1

>> No.28582004

>>28581809
can you unlock whenever if you're not happy with it? what is the value/ use of fusd?

>> No.28582071

>>28582004
You can lock from anything to zero to a full year and I just use fusd minting for more rewards

>> No.28582362

>>28582071
ok what's end tech and economic reason behind minting? I'm starting to wonder if it's a shiny attribute to attract investors. I'm having a hard time not moving to Algo, which was the other consideration when I went into FTM.

>> No.28582493

>>28582362
i'm legit 33% algo 33% ftm lol. I feel like FTM will own the east and algo will own the west

>> No.28582531

>>28582362
Kek bro staking gives 14% a year and minting gives an extra 4% a year. If this shit grows to a dollar which it’s getting pretty close I can pay like half my living expenses with rewards alone. This coin will let me be comfy forever trading shitcoins without living with my parents.

You can switch to algo but it looks like shit to me it’s been out for 3 years and doesn’t have staking a good wallet like fantom does

>> No.28583261
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28583261

>>28582493
aiee my dude I'm not trying to decide between intelligent rap or vibing party rap
>>28582531
today I bought my first amount of algo, installed their sleek wallet, created a password and gave a seed phrase, sent algo from coinbase and they arrived about 5 seconds later. Next time I opened the wallet the tiny reward percentage was added to the amount. I was very impressed. have you looked into the creator? he's the real deal. Algo has Tether running on it. you need to research it a lot more or sounds. I love FTM I do, I guess the only shimmer of hope lately was these recent ATH finally breaking $0.15 and whales taking coins off exchanges which in theory means they're done accumulating. Algo is deep behind the scenes though. like it's in the global reset/nwo shit.

>> No.28583322

>>28583261
how much are the rewards? is it worth it if im a poorfag? the only reason im getting a lot from staking rewards in fantom is because i bought it cheap and hopefully it keeps going up

>> No.28583935

>>28583322
it's 8% until 2030 on their wallet. that's massive given its movement. 14% on less then a dollar versus 8% on something going into dollars doesn't matter obviously. just waiting on that FTM PR pump to feel more comfortable. tough when everyone shouting scam at it

>> No.28584942

anyone here with a 6 fig+ stack still acoomulating?

>> No.28585037

>>28578255
I'd like her to hold my balls

>> No.28585144
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28585144

>>28584942
Yes but not on exchanges. Staking will get me to 7 figs just fine. I don't dump on my frens.