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/biz/ - Business & Finance


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28647486 No.28647486 [Reply] [Original]

1 mil: make it
100k: suicide
10k: poorfag

5 mil: epstein stack

>> No.28647563

listen or stay poor fags

>> No.28647624

I bought 400k like a month ago

>> No.28647638

>>28647486
1 million tokens is, in no uncertain terms, "Fuck you" money.

>> No.28647670

What is it

>> No.28647715

>>28647638
I have 2.5m, I'm in make it territory next month probably kek.

>>28647670
UNN. https://www.coingecko.com/en/coins/union-protocol-governance-token

>> No.28647798

>>28647486
What's a realistic top for this?

>> No.28647834

>>28647798
No top, long term hodl $5 easily

>> No.28648292

>>28647486
Just got in this. What can I expect in the near future?

>> No.28648361

>>28648292
top this cycle probably 0.25-0.5, correction somewhere around there, then straight to $1-$3.

This is a complete assumption by the way.

>> No.28649085

>>28648361
Any news?

>> No.28649108

>>28648361
What do you mean by this cycle, you mean this bull run? So 1-3 would be in 3 years or so in your opinion?

>> No.28649228

>>28649108
i think there will be a bearish month or two this year. SO this cycle meaning at the height of the current bull market. Perhaps March will be the height, there has to be some sort of correction. Shit doesn't just go up endlessly.

>> No.28649359

>>28649228
Yes of course, but the question is if the next correction is actually the end of the bull run or just a short term slow down before the next leg up

>> No.28649410

Ive been very very tempted.
Someone who already holds this give me the time of day and shill me and I just might pump your bags.

>> No.28649413

>>28649359
Definitely just a short term slow-down, crypto won't stop going up until a 5-10 tril total mc

>> No.28649489

>>28649410
I want to know about VC’s, the larger competitions, the team, etc. Do they work with Chainlink?

>> No.28649500

>>28649413
5-10 tril total mc will take years though, just to let you know.

>> No.28649518

>>28647486
im split between
500,000 UNN
10,000 OPEN
15,000 FMTA
138 BUILD

am I gonna make it?

>> No.28649587

>>28649489
VCs have dumped most of their bags. There's 1 vc with like 30 mil left, been dumping since public sale.

Personally I Think it's only up from here, product release coming soon. Tons of integrations in their c-op product. Seriously, do some research - this project is comparable to Link the sense Insurance is necessary for DeFi

>> No.28649662

>>28649518
All I know in that list is UNN anon

Everything else sounds like shitcoins desu, I know about Open - looks like a shit coin. Build, FMTA no idea.

>> No.28649681

>>28649413
That's what I'm thinking, just wanted to see if we were on the same page.

>> No.28649746

>>28649085
Partnership with AVAX announced very recently.

>> No.28650034
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28650034

>be me
>out of crypto and biz since 2018
>come back in December 2020
>"I'm a bit rusty, I'm gonna take it and navigate for a bit before buying anything"
>See this as literally the first shitcoin shilled as the next 100x
>degenerate in me takes over
>immediately ape in with 10k
>t.500k stack
>no gas in my wallet so I can't sell unless it becomes super worthwhile
kek im actually gonna become a millionaire from this aren't I

>> No.28650162
File: 419 KB, 550x836, 1371731853556.jpg [View same] [iqdb] [saucenao] [google]
28650162

well i did it /biz/, i aped my last 10k into this. sick of trying to find moonshots when they've already pumped. prob ngmi but whatever. let's fucking go!

>> No.28650196

>>28650034
Haha, yeah man. 500k could easily be a 7 figure number in my honest opinion. Just hodl, give it some time. It's like buying Link at 0.30

>> No.28650286
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28650286

>>28650162
nice anon, definitely a decent stack. Remember, just HODL and DCA. Wagmi

>> No.28650506

This is just another shit coin that will probably never reach even 0.1, the token is useless. Come @ me end of Feb when it’s 0.025. Also I went to check their telegram openly racist and immature bunch.

>> No.28650562

>>28647486

The importance of this is extremely understated What's Happening Here is that the team at Union are making a new defi lego block. Meaning anybody can plug into their system and unlock 25% extra freed up capital then using those put options for collateral. Now if you also look at their other product which is a CDO ,or collateralized debt obligation, hedge funds and other investments will be able to sell debt at different risk tiers. Creating yet another new defi derivative primitive.

Here's a video on what a CDO is https://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/cdo-tutorial/v/collateralized-debt-obligation-overview

>UNION is already well on its way in melding financial instruments with DeFi, as laid out in our whitepaper. This includes credit default swaps (CDS) for measuring event risk and non-linear outcomes — a concept imbued into C-OP and a vital part of calculating downside volatility risk for protection pools underwriting smart contract risk.

The long short of a credit default swap basically means that if you want to lend tokens and you don't think who you're lending to is AAA super trustworthy you could instead lend the money to an insurance provider, unn in this case, and then have them invest into what you originally wanted to and have them take on the risk but at a cost.

So say you loan out a million DAI and can you get a 10% return on that million DAI. Well you can give up one or 2% of that return and sacrifice it to UNN and have them take on the risk. Of course it won't be as cut-and-dry as this because everything with smart contracts is determined algorithmically and they will have their own way of determining what the cost the risk of that credit-default swap is.

>> No.28650609
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28650609

>>28650286
if it's organic growth i'll definitely hodl, if there is a parabolic rise then it makes sense to take some profits off the mania. we'll see how it goes. there is an AMA with AVAX chadman soon

>> No.28650720

What does the token do

>> No.28650740

>>28650506
>openly racist and immature bunch
go <<<<<

>> No.28650933

3k stacklet, how will I eventually take profits? swapping to eth costs about £60 right now, do I have to wait until it's on some other exchange and transfer it there?

>> No.28650956

>>28650506
based, giving me link vibes

>> No.28651041
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28651041

>>28650933
just never sell, it's that simple & not hard

Imagine selling Link at $1

>> No.28651072

>>28650933
>how will I eventually take profits?
you don't you fucking numbskull. your stack is the equivalent of the wrinkly $10 bills I use to wipe my ass daily. Just forget about it for literally 5 years+ plus and it might work out for you

>> No.28651118

>>28651072
based

>> No.28651522

>>28647486
I only have 14k :(

>> No.28652023

,board,sandesh,lehkak
17,biz,"What's Happening Here is that the team at Union are making a new defi lego block. Meaning anybody can plug into their system and unlock 25% extra freed up capital then using those put options for collateral. Now if you also look at their other product which is a CDO ,or collateralized debt obligation, hedge funds and other investments will be able to sell debt at different risk tiers. Creating yet another new defi derivative primitive.",8

>> No.28652332
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28652332

>>28647486
2.5M stack checking in

>> No.28652456

>>28647486
>only 800k UNN
why live

>> No.28652602

>>28652456
>i feel nothing

>> No.28653095
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28653095

Ok fuck it, im in.
say hello to your new fren UNN bros

>> No.28654240

>>28653095
hello fren

>> No.28654434

600k stack locked in for the long-term. See you in a year.

>> No.28654560
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28654560

based ceo of unn

>> No.28654775

>>28654434
this is through that geyser thing? How much are you earning?

>> No.28654881

>>28654775
I'm just holding, probably should have used different phrasing.

>> No.28655308

>>28654560
how big do you think this guy's dick is

>> No.28655526

does anyone think this will hit $5 this year?

>> No.28655688

>>28655308
7"

>>28655526
this year, probably 0.50-$1

Next year I think $2-$5

>> No.28656182

>>28650562
good explanation, thank you

>> No.28656351

>>28655688
I think you're underestimating how much it could pump this bull run.
I think it will hit 1-2 dollars.