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/biz/ - Business & Finance

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File: 7 KB, 278x87, grt.png [View same] [iqdb] [saucenao] [google]
28774066 No.28774066 [Reply] [Original]

Can someone explain the potential of The Graph and why you think we should invest in it? What do you see people using it for and in what timeframe? I see a lot of shilling here but want to know more before buying. However I'm too lazy to do my own research.

Couple years ago I saw a lot of LINK shilling here and fomo'd in and it paid handsomely. Can I expect same with GRT? Thanks anons. Serious replies only.

>> No.28774146

dyor

>> No.28774220

any reliable source on delegation stuff?

>> No.28774226

>>28774146
no thanks

>> No.28774275

>>28774226
then just kys

>> No.28774306

Truth is, no one knows.

>> No.28774329

>>28774275
very edgy

>> No.28774361

i wish grt had a website where i could read about what it does, who is behind it, how to delegate. this sucks.

>> No.28774403

>>28774306
thanks, seems like another pump&dump shitcoin, gonna pass then

>> No.28774460

>>28774066
Traditionally, GRT is the google of blockchain.

>> No.28774468
File: 1.00 MB, 1140x755, 1613361000882.png [View same] [iqdb] [saucenao] [google]
28774468

>>28774066

>> No.28774483
File: 256 KB, 828x568, E1A78D9F-D271-4919-9A3B-4E1FFA7424DB.jpg [View same] [iqdb] [saucenao] [google]
28774483

>>28774066
dyor

>> No.28774627
File: 41 KB, 500x500, Brum.jpg [View same] [iqdb] [saucenao] [google]
28774627

>>28774066
Gotcha senpai.

Historically, GRT is a pump and dump. Hate to break it to you folks, but it is. These are the facts. People saying it isn't, you're on the wrong side of the data. The entire market is being run by trade bots. Large GRT tokens have been already allocated to holders, way before GRT even hit the exchange platforms, because of testnet operations (before mainnet).

I estimate each token to be valued at 0.30-0.35 maximum until larger companies want to use it, which currently they don't, because it is too expensive too. ETH is expensive, in general, to use anyway.

With that being said, GRT is a utility token which means the price has to remain low for companies to even want to use it. It is just the way it is right now

>> No.28774634
File: 392 KB, 1600x782, 1613043229472.jpg [View same] [iqdb] [saucenao] [google]
28774634

Grt is a make it coin. But you have to get on now anon.

>> No.28774684

>>28774066
word on the street is this is one they're thinking of pumping this weekend
disc ord gg/5rsnqmHKNx

>> No.28774697

>>28774468
Wtf is this? Data doesn't flow into GTR. GRT searches data already on the blockchain. A feature that is ALREADY POSSIBLE. Why is nu-secure tossed everywhere like its the only way data can flow? This is exceptional bollocks.

>> No.28774714

isn't it just GraphQL but for blockchains?

>> No.28774806

>>28774066
GRT is a chain of American family restaurants, and the primary brand of CEC Restaurant, Inc. based in Irving, Texas. The restaurants serve pizza and other menu items, and feature arcade games, amusement rides, and animatronic displays as a focus of family entertainment. The chain's name is taken from its main character and mascot, Chuck E. Cheese.

>> No.28774984
File: 100 KB, 704x1126, 1611258173447.jpg [View same] [iqdb] [saucenao] [google]
28774984

Here you go OP I'll spoonfeed your retarded request.
>Data 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 reward
GRT is needed as a currency to incentivized running indexing servers that process queries for dapps.

>> No.28774995

>>28774226
Well then, don't buy it is a pajeet scam.

>> No.28776109
File: 22 KB, 200x75, indexthisdick.png [View same] [iqdb] [saucenao] [google]
28776109

>>28774697

Did you ever have blue baby syndrome ever? Thats what the image shows *indexed* data

>> No.28777541

>>28774984
thanks

>> No.28777788

>>28774066
basically it's a money printer

>> No.28777924

>>28777788
quads and dubs confirm

>> No.28778057
File: 24 KB, 584x413, based.jpg [View same] [iqdb] [saucenao] [google]
28778057

>>28777788
>>28777924
Fuckin' check em

>> No.28778060

>>28777788
confirmed

>> No.28778086

>>28774066
it's the google of blockchain bro

>> No.28778370

What no one here will tell you is that some 6 billion GRT will be entering the market in months. Only 12.5% is actually sold retail. The price has to remain low for it to be usable. Basically a short term pnd at best.

>> No.28778720
File: 1.55 MB, 600x408, 1610244961961.gif [View same] [iqdb] [saucenao] [google]
28778720

>>28777788

>> No.28778788

>>28774220
DYOR

>> No.28778826

>>28774066
its the 4chan of blockchain, need i say more?

>> No.28779419

Enjoy your second round of false hope.

>> No.28779576
File: 285 KB, 654x2370, dilusional.png [View same] [iqdb] [saucenao] [google]
28779576

Who need hopium?

>pic related

>> No.28779811

>>28774066
It’s the Riley Reid of gangbangs. You literally cannot lose money here.

>> No.28779932

>>28774066
you are writing a book on faggots and how the name came about. you have a library and the class you take at the community college set a deadline of one day. you can hire a team of niggers to find all the faggot information in the library so you can start writing and have a chance to complete your deadline or you can pay a librarian a few tokens to direct you to the faggot information you need.

the graph will find your fags for a fee. by the way, your there are 11862121 libraries in town so pick the one that has the faggot information.

>> No.28779947

It's a fucking search engine.

>> No.28780049

its the epstein of pedophiles... what epstein did for pedophiles is what the graph does for the blockchain industry.

>> No.28780064

>>28774361
Retard

>> No.28780082

>>28778370
no need to, you can easily find out how token distribution works. you are going to miss out on a lot of good things anon. you're still thinking in fiat currency.

>> No.28780609

>>28778370
alright so while GRT seems convenient for devs, this seems to make it a bad investment for long-term hold?

>> No.28780699

>>28774066
Sirs you must do the needful and sell. soon no more money graph is worth 1 rupees :(

>> No.28780894

>>28779576
tfw you arent rich enough to put 2k in every coin that is suggested on biz and then hold it for a year to see what happens

>> No.28781093

>>28780609
I'll throw you a bone anon since you actually seem interested in real information

the query fees are dynamic and set by indexers. If the price of GRT mooned, it would simply cost "less" GRT to execute a query.

There's no "need" for it to stay low, because there's no set amount of the query fee. Like any other asset, the price is dictated by supply and demand. And every app will demand GRT since their data services essentially rely on the Graph.

And what incentive do you think they have with regard to GRT price once everyone has it?

>Do you think they want to pay MORE GRT when they're shelling out their data expenses in GRT every time they make a request?

>> No.28781234

>>28774460
Now see I heard traditionally its much more of a pump & dump

>> No.28781528

>>28780894
Oof right in the feels hombre

>> No.28781623

>>28774066
DMM was shilled just as heavily and look where it is now.

>> No.28781983
File: 731 KB, 2409x1293, 1609248936002.png [View same] [iqdb] [saucenao] [google]
28781983

>>28774066
Website:
>https://thegraph.com

Twitter:
>https://twitter.com/graphprotocol

GRT Delegation Reward Calculator:
>https://graphscan.io
>https://reward.suntzu.me/
>https://the-graph-rewards.com/

Videos:
>https://www.youtube.com/watch?v=7gC7xJ_98r8&ab_channel=Finematics

>https://www.youtube.com/watch?v=4rA1fpcYmO0&ab_channel=CoinBureau

>https://www.youtube.com/watch?v=-0uVzdlg5QY&ab_channel=Bankless

>https://www.youtube.com/watch?v=MZmkc3770YM&feature=emb_logo&ab_channel=KrakenBitcoinExchange

>https://www.youtube.com/watch?v=G3A7dM5beCU&ab_channel=GameMyLifeAway

>> No.28782741

>>28774697
the fucking bollocks guy is still at it. based.

>> No.28783249

>>28781093
makes sense, thanks.

>>28781623
ouch... probably had a bad team behind it. tried looking for info on the graph's devs but couldn't find much...

>> No.28783345

>>28781623
Imagine thinking GRT is remotely like DMM

>> No.28783738

>>28774066
It's the Myspace of blockchain

>> No.28783948

>>28774226
Wow based

>> No.28784098

>>28774066
you're a stupid nigger

>> No.28784146
File: 48 KB, 1106x648, DmdNDEuXcAA9JjW.jpg [View same] [iqdb] [saucenao] [google]
28784146

>>28777788
oh my god

>> No.28784663

>>28774984
So the token is not needed? Yeah there’s no justification for the price of this to go over $3.

>> No.28784807

>>28784663
Literally nobody uses it, they had to create their own company to make it look like there was demand.

>> No.28784863

>>28774468
so is NU worth getting in on to? I still dont really understand how it provides security. i even watched the video of the pinkhaired bullring jew trying to speak.

>> No.28784869
File: 110 KB, 798x793, 73F202C6EB674E5BA9ECA76EE692738D.jpg [View same] [iqdb] [saucenao] [google]
28784869

Why would I explain GRT to you? You think I care if you make it or not? I'm not your mom you entitled little brat. Do your own research or fuck off.

>> No.28785416

is throwing 1k link at this a bad idea?

>> No.28785474

>>28774146
fpbp

>> No.28785701

>>28784863
Dont do it. Dangerous and dark road to go down investing in NuCypher. As you can see hooligans will write anything on a whiteboard to get you to buy.

>> No.28786200

>>28785416
Do it and find out.

>> No.28786358

>>28777788
Incredibly based

>> No.28786362
File: 26 KB, 850x850, GoogleOfBlockchain.jpg [View same] [iqdb] [saucenao] [google]
28786362

>>28774066
It's the Google of Blockchain.
Buying GRT now is like buying google stock back in 2004.

>> No.28786476

>>28774066
>The
>Google
>of
>Blockchain
also it has recovered faster than most alts from the Valentine's Massacre so there's that.

>> No.28786504

>>28784098
thank you for your valuable input

>> No.28786596

>>28784869
luckily there's better anons than you

>> No.28786646

>>28784663
Take it from a seething link 3k link stacklet who wishes he had gotten more in 2018, 'token not needed' was the fud that pushed me away from making that leap of faith. Not falling for it again this time.

>> No.28786726

Stfu fucker is that your first 10% profit ?
don’t be a tard who trashtalks here
share what bot u use for it
I am clever enough to understand how it works
Bot Ocean - the thing you need

>> No.28787183

Where is the fucking chink dump I just waited all day to buy this stupid coin.

>> No.28787208

Historically, GRT is a volume based coin. Hate to break it to you folks, but it is. These are the facts. People saying it isn't, you're on the wrong side of the data. The entire market is being run by volume. When trading volume decreases, the price decreases. When volume increases, you can expect to see a jump in price soon.

I estimate each token to be valued at $5 minimum until more normies and smart money arrive, which they haven’t yet, as this coin is still in its early days. Coinbase lists it though, so we will see more volume in time anyway.

With that being said, GRT is a utility token for a project essential for Web 3.0. “The Google of Blockchain” is not a meme. It is just the way it is right now.

>> No.28787369

>>28774306
Are we fudding GRT like we did with LINK? Are we keeping the redditors and Twitter fags out? We had such good fud for link. What's the good stuff for GRT?

>> No.28787391

>>28787183
you missed it

>> No.28787469

>>28787183
its already tuesday in chinkland the dump was yesterday

>> No.28787506

>>28774984
I would burn an orphanage full of white children and convert to Judaism to fuck that girl. Also I panic swapped all my GRT to link because of this stupid fucking pajeet infested website.

>> No.28787648

>>28774984
so blockchain SQL essentially

>> No.28787665
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28787665

doesn't this mean the GRT you now own will depreciate a lot in the future? I mean there's going to be a lot of new GRT dumped later on

>> No.28787685

>>28787506

Cuck and simp pilled, tighten the fuck up lad

>> No.28787719

>>28774066
very trash coin sir, invest Parsnip instead

>> No.28787767

>>28787665
Can someone clear this up?

>> No.28787786

>>28787183
... It dumped pretty hard, are you fucking waiting for it to be less than 1$? Come back when we're not in a bull market.

>> No.28787922

boys im in 500€. greetings from europe.

>> No.28787952

>>28774226
Why do you think other people should put in work to make you rich? You retarded fucking faggot. Don't buy GRT.

>> No.28787963

>>28787665
look up "5 years GRT circulation" on Google and access the one on GRT's official web page

they'll dump millions of GRT onto into circulation every month until the max supply cap is reached

amazes me how these retarded Biz zoomers coming from wallstreetbets thinks it can retain its $2 value end of the week or even peak $3

>> No.28787967

>>28787665
I can almost guarantee you most people shilling this coin will sell in the next 2 months because of this.

>> No.28788047

>>28774220
https://youtu.be/0WXfn3ObLBY

>> No.28788077

>>28787963

And link is useless IRL. I mean, literal useless coin with sergey dumping on everyone. Yet...

>> No.28788079
File: 160 KB, 1136x1019, 1610469389525.png [View same] [iqdb] [saucenao] [google]
28788079

>>28787665
>What is staking? What is delegating? What is indexing? What is curating? What is token burn mechanism?
If you were really interested in this coin and not just subtly FUDing, you would've found out about staking etc.

>> No.28788097

>>28774483
>moloch
Hans, get the flamenwaffen

>> No.28788794

>>28784663
Why do you think the token isn't needed? Do you think servers are free? Do you want a centralized server that you can just buy a monopoly on instead of a decentralized solution where token holders can literally take action against indexers that provide bad information? Read: indexers that decide to moralfag and censor info.
Eat shit dude. You post the same fud every single day and every day you get BTFO to never respond and go create a new thread.

>> No.28789375

>>28774329
Nigger

>> No.28789702

this is a brazilian scam, i lost 90 quadrillion dollars with this shitcoin

>> No.28789908

BuT ChiNa Is DuMpiNg ToDaY lool thanks for last nights dump, bought even more ;)

>> No.28789929

>>28784663
I literally outlined why the coin is necessary. It's not my fault you have the reading comprehension skills of an elementary student with severe downs syndrome. You're ngmi anon. You never deserved to in the first place. People as fucking stupid as you deserve to be poorfags for life.

>> No.28789969

>>28774066
Get tezos retard

>> No.28790012

>>28774066
It's a good pump and dump, that's it.
Wish I had bought it a weak ago, I could have doubled my money.

>> No.28790082

>the Elliott Rodger of incels

>> No.28790148

>>28778370
>No one will ever tell you
This is literally the number one fud talking point. I'm certain I'm dealing with a Chinese bot at this point.

>> No.28790152
File: 20 KB, 509x143, 1613166154808.png [View same] [iqdb] [saucenao] [google]
28790152

I have a huge folder I'm saving for EOY full of swingies like this. This is the next LINK and if you can't understand why LINK and GRT are necessary together to complete the dapp cycle I cant help you

>> No.28790168

Its honestly funny to see people falling for the most basic of FUD the same way people fell for stinky FUD back in 2018 and are now not going to make it
GRT is your shot anons, stop being faggots

>> No.28790235

>>28790168
Yeah these guys should know GRT is their shot

Shot in the foot

>> No.28790322

>>28790235
>r*dditspacing
>nigger opinion
many such cases

>> No.28790395

>>28790322
>reddit spacing
>not clearly a pause for dramatic effect

faggot

>> No.28790407

>>28789908
They literally dumped it to 1.6, but I guess our info was wrong because we said the target was 1.5??????

>> No.28790455

>>28790395
you will never be white r*dditnigger now go pay taxes on every trade like the jew worshipper you are

>> No.28790458

>>28790152
I think alts might go down again because there's too much dumb money in the green. But GRT is the only one I'm not willing to swingtrade and risk getting left behind on. Same as with LINK. Every other shitcoin I have is replacable, but GRT really isn't.

>> No.28790483

>>28790407
Yeah we really dropped the ball on that one, off by 10 cents!

>> No.28790499
File: 303 KB, 1645x983, Actual use case.png [View same] [iqdb] [saucenao] [google]
28790499

>>28774066

Everything you need to know about why GRT is the best coin of 2021 is in this image.

>> No.28790545

>>28774226
faggot. this not reddit.

>> No.28790575

>>28790455
Whiter than you yankie doodle

>> No.28790612

>>28784663
The token is what incentives indexers to query data on their own free will in turn this makes the graph self sustaining and completely decentralized. Indexers aren’t working out of some office space in San Francisco making a salary. They basically get paid by the delegators staking their tokens with them. It’s literally genius but you’re too stupid to see it therefore ngmi

>> No.28790804

>>28787963
Most of those coins will be staked by delegates and therefore not in circulation and tokens will be burned as well.

>> No.28791008

>>28787648
Blockchain elastic search

>> No.28791047

11 billion with 3% added every year. I'm not saying it's a bad coin but most people shilling now are pnd scammers before the deflation.

>> No.28791223
File: 360 KB, 696x1384, whenredditshills.jpg [View same] [iqdb] [saucenao] [google]
28791223

>> No.28791361

>>28790804
They are adding more coin each year. 3% so burn rate is whatever. Just tell me why people will pay more than $3 to own 1 of 11 billion coins. Yes, it serves a purpose but so does the dollar store.

>> No.28791446
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28791446

If you think this coin is going as high as Link, think again. This coin cannot sustain that kind of price. It'll hit $5 at most from hype. At this point that's a nice 2x, but it ISN'T a long term hold for profits.

>> No.28791544

>>28791446
it will go higher than LINK because GRT actually does something

>> No.28791720

>>28791446
The real flippening is when GRT flips LINK

>> No.28791798

>>28791361
First of all it’s capped at 10 billion minus token burn. Second, a large portion of those coins will be wrapped up in delegating so the entire 10 billion won’t be in circulation. By the time all tokens are released the market cap will be so high the circulating supply won’t matter.

>> No.28791860

>>28791361
33bn market cap is nothing... wait for BTC to hit 10T and 33bn will be shitcoin status.

>> No.28791945

>>28791446
LINK og here from jan 2018, you guys said the exact same thing then and how the token wasn't needed at all. It's the jason parser all over again

>> No.28792067

>>28791798
You still aren't explaining why it will be worth some 50B+ market cap. Only 12.5% of coins is sold to retail, 3% token inflation each year, 10B+ total circulation. You shillers are so desperate to pump this before they add another 6B to the supply in a couple months.

>> No.28792109

How to spot a shitcoin
>Massive hype over nothing substantial
>Reddit fags on it
>Massive supply
>"Low price"
>Schizos
>Tripfags
>Mcap does not matter.

Congrats GRT has it all.

>> No.28792161

>>28791860
Now compare bitcoin circulation to grt shill

>> No.28792171

>>28792067
When they add to the supply this coin will drop like a ton of rocks.

>> No.28792179

>>28791446
So basically I should sell half of my coin at the end of the bull run to make sure I maximize profits since It will probably never hit that high again but will likely never be bellow what I bought it for

>> No.28792288

>>28791446

You mean an x8 profit

>> No.28792327

>>28774403
correct. there are better moonshots out there, especially now that GRT pumped to like $2.50 already

>> No.28792378

>>28792067
Because it has an incredibly useful function and the more popular and mainstream crypto becomes the more important the graph will become. They’re about to integrate bitcoin’s blockchain into their platform soon as well so expect another massive pump when that happens. GRT’s marketcap is nowhere near the top yet. It literally is the Google of blockchain so when blockchain tech becomes mainstream and decentralized tech is in higher demand expect the graph to be in extremely high demand as well.

>> No.28792389

>>28792179
Sell before GRT devs fuck everyone over by flooding the market with billions more coins.

>> No.28792403

>>28774146
you don't understand, making the thread IS THE research

>> No.28792478

>>28787952
lmao as if all of crypto isn't others making others rich. kys

>> No.28792599

>>28792389
Are you literally retarded? It’s literally mapped out on their website how they will be releasing tokens. 12% of total supply is released right now and 3% will be released every year so the total won’t be released for a long time and on top of that tokens will be burnt and a large portion won’t be in circulation. Get the fuck out of here smoothebrain

>> No.28792679

>>28792109
retard

>> No.28792844

>>28792679
Awesome, debate me.

>> No.28792918

>>28792161
Irrelevant.

>> No.28792999

>>28781234
>Now see I heard
why did this make me kek so hard

>> No.28793174

i bought this shit for 13 cents at presale or some shit ico, dont remember
sold it for 50c and REGRET NOTHING
absolute shitcoin with infinite supply

>> No.28793607

>>28793174
Literally ngmi

>> No.28793621

>>28774066
Why are fees for GRT transactions so high in comparison to other PoS coins?
A transfer from coinbase costs > 4GRT, which is like $10 , while for coins like XLM, EOS or ALGO, it is nearly 0.
Given that, why would it be better than such coins?

>> No.28794260

>>28792844
>Massive hype over nothing substantial
literally the entire crypto economy has been involved with GRT more or less in the past few years
if web3 takes off (and it will) GRT is heavily involved
I encourage you to do some research instead of being a butt hurt little bitch who didnt get in early
>Reddit fags on it
every crypto
>Massive supply
do some research and youll know why
much of it is delegated or will be delegated
>"Low price"
for now yeah
>Schizos
every crypto
>Tripfags
theyre hilarious
>Mcap does not matter.
it does

>> No.28794535

>>28794260
I did my research well enough and while it has value, that's undeniable, it's a shitcoin.

>> No.28794785
File: 31 KB, 403x403, 1613066056659.jpg [View same] [iqdb] [saucenao] [google]
28794785

>>28794535
>I did my research well enough and while it has value, that's undeniable, it's a shitcoin.
>

>> No.28794976

>>28774066
like buying google shares at $1

>> No.28795158

>>28794535
once again
retard

>> No.28796134

>>28793621
would like to know this too (if true)

>> No.28796578

>>28796134
If you on profit, better to take of and put on another project, more people know it, more vulnerable it will be, /biz/ already exploit the weakness of GRT and reply just "its already price in"

>> No.28796637

>>28792478
95% of shitcoins will die in the next bear market, and people like you are too retarded to sell the top. The winning strategy is to pick the ones that survives.

>> No.28796833

>>28796578
yeah sure like bitcoin is the most vulnerable because it's the most known? cool logic bro

>> No.28796955

>>28788047
started watching this and took a look at this co-founders Linkedin - it says he's no longer involved with the project since last December? What's up?