/biz/ - Business & Finance

[Anonymous No.28793658]

>people actually plan to make it with GRT when it has this kind of tokenomics.

[Anonymous No.28793885]

>>28793658
>has already 10X.
>took profit. over 6X my initial investment. still holding a suicide stack.
>buying more after the 6 month unlock

the tokenomics are certainly working for me. dont know what to tell ya bub

[Anonymous No.28793900]

>>28793658
You just took the time to create this thread because you were too stupid to buy this in DEC or JAN ?

[Anonymous No.28793901]

Imagine creating a decentralized token and only allowing 12.5% of it to reach the public. Yikes!

[Anonymous No.28793984]

>>28793900
its really something, the nocoiner seethes as they sneed you

[Anonymous No.28794115]

Oh no! GRT did not dump today like we swore it would! Quick boys, help me move the goalposts....again!
Stay poor OP, someone has to change the oils in the fryer, and that’s you.

[Anonymous No.28794303]

>>28794115
man im loving the graph community. this coin is going to blow up for years

[Anonymous No.28794537]

GRT its like the Rug Pull of Food Tokens!

Seriously though, the project is bollocks. A token for functionality that already exists. For data that is just a transactional log.

[Anonymous No.28794665]

>>28794537
Then why is coinbase backing it then, huh?

[Anonymous No.28794695]

>>28793658
I did the math tokenomics on LTO and couldnt justify staying in GRT. The LTO tokenomics are fantastic.

[Anonymous No.28794809]

>>28793658
We've been over it before. 10 B isn't enough. Now eat shit and go make the same thread again.

[Anonymous No.28794836]

>>28794537
You did not read the white page nigger and you are full of shit

[Anonymous No.28794868]

The fud around this is incredible must be rubic clowns who got burned doin all the hating. The token is meant to be staked tying them up for 28 days at a time. Tokens also get burned. The tokenomics are sound

[Anonymous No.28794884]

Does this look decentralized? 58% to their little group? So if this thing goes to 1 trillion market cap, they are all getting billions apiece?

Looks like pure greed by somebody who wrote a basic script and tried to compare itself to one of the richest companies in the world. I've seen better salesmanship from a college freshman.

[Anonymous No.28795025]

#5 on coinbase already. This is gonna be the cozies coin of 2021

[Anonymous No.28795188]

>>28794836
Sir,
You are overdosing on bollocks. Please calm down. This token is trash. The same can be said of many tokens. Do not take it personally but you have to come to terms with pink Wojacks in your future with the awful tokenomics and the not needed niche use case.

[Anonymous No.28795359]

>>28794868
>rubic
omg. they were hating from the start. really incredible. I have to think there was a coordinated fud campaign. So funny though.
>>28794884
yeah the VCs are going to make bank. They already have made like 100X so they will be selling coins hand over fist....and thats a good thing.
>>28795025
Hot damn! that was fucking fast

[Anonymous No.28795541]

This tokenomics FUD is literally the only reason why I didn't ape at 0.33. Fuck this shit, honestly. Just ride the pump.

[Anonymous No.28795678]

>>28793658
>muh 10 billion
It has the ability to go deflationary.
Token burn every time it's used, adjustable minting rate according to community vote, etc.

It will dip on first token dump and recover.
Strong buy.

[Anonymous No.28795805]

>>28794115
>so the GRT fudders keep saying China is coming to get us...
>who do they think they are.... Ronald Drumph??

[Anonymous No.28795909]

>>28793658
>MUH BIG POOOPY CHINESE DOOOOOMMMPPP IT'S COOOOMING

Seething no coiners.

[Anonymous No.28795940]

>>28795188
>Chinese firm dump
>muh TOKENOMICS
>muh no use for functionality
The more you post the more we laugh. Keep spending all your time FUDing and seething

[Anonymous No.28795965]

>>28795678
>It will dip on first token dump and recover.
>Strong buy.
this so fucking much.

[Anonymous No.28795970]

>>28795909
>AAAAAAAHHHHH MUH DOOOOOOMP!!!!

(that never happened)

kek

[Anonymous No.28796038]

>>28795025
Now we just need to hijack the gme/doge normie momentum and redirect it towards something that we can all win with. Guerilla GRT campaign. It's the Google of Blockchain. Have a fucking Pepsi.

>>28794884
Mr Clown, have you ever thought about how there are 400m linkies in circulation but there are 1bn in existence?

[Anonymous No.28796065]

>>28795940
>MUH DOOOOMP

>MUH TOOOOKNANOMICS

>MUH FOOOOKSHUNALITY

[Anonymous No.28796164]

>>28796038
a millionaire anon just needs to buy a model S or 10 and run a node from them. Then elon will pump the shit out of it.

[Anonymous No.28796267]

Shills are hitting this thread hard. They don't tell you anything about why this coin is valuable. Their best line is "It's the next Google dude, just buy it." Sound like some gypsys to me

[Anonymous No.28796271]

do you even look at the graphs (jaja) and see that most of them aren't to the public because the initial backers will be delegating and indexing?

hint. it works like float for stocks and if you can't understand that u cannot be helped anon and u will fomo in eventually

[Anonymous No.28796442]

>>28793658
People have been posting this since .17 cents

[Anonymous No.28796516]

>>28796267
its valuable because I can spend $100/GB to store data on the IPFS, then spend pennies to query that dataset. This is cheaper than a solution on AWS. This is a rather pedestrian use-case example. But if you can't see lots of people using this functionality in a dapp, don't know what to tell you bro.

[Anonymous No.28796560]

>>28796442
Good point, most people bought this shitcoin for 2 cents. Imagine being the dummy who pays 100x due to FOMO.

[Anonymous No.28796562]

not trying to make it with grt, but with my bag it could stay at 50 cents forever and I'll still make thousands a month.

[Anonymous No.28796638]

>>28795678
It is deflationary.
>low value of grt -> more whales -> more of total supply delegated -> more burned and recycled through grt economy until supply shrinks
>more queries and customers->more demand
>more developed dapps->service prices go up in grt

[Anonymous No.28796687]

This coin is the ultimate IQ test, I love it.
It's so fucking simple it's genius, funded by VCs, used by the biggest crypto projects, and morons still can't tell it apart from your average pajeet scam.
It's fucking amazing.

[Anonymous No.28796830]

>>28796516
That's weird, I noticed you left out the part about paying gas fees.

[Anonymous No.28796882]

>>28793658
I have been using it as a reliable pump and dump coin for the past month. I have made allot but my stack is so small now I think I will dump the rest of what I have.

[Anonymous No.28796904]

>>28796560
Ico was like 3 cents. I bought at 10, this fud has been posted since .17-.30

[Anonymous No.28796908]

>>28796638
No It Is Not.

New Issuance (~3%)
As described in The Graph GRT Token Economics post, new GRT will be issued as indexing rewards to Indexers in The Graph Network. The new issuance rate will start at 3% annually and is subject to future technical governance.

[Anonymous No.28797020]

fuck you faggots.
Solana had shitty token unlocks and actually went UP in value after I made multiple posts on the subject.

[Anonymous No.28797223]

>>28796687
This. Truly feel like that fat pepe rolling the escalator through the hurdles of life while wagies sit stuck. Almost feel guilty

[Anonymous No.28797433]

>>28793901
12% of the community chest which is 35% so it’s actually a bit over 4%. Biggest joke is splitting backers and early backers. Imagine investing in this utter shitcoin

[Anonymous No.28797441]

>>28796830
yeah because sharding/ETH2 will solve that. And since you can make your own subgraph, no reason you couldnt also batch payments queries with the indexer via a trusted 3rd party. Your fud blows. No one cares about gas fees, if you do....your stack isnt big enough to trade on EC20s, stick the exchanges.

[Anonymous No.28797453]

>>28796908
If the total market supply were to cycle through the process 6 times wouldn't that balance out the 3% inflation? Wouldn't this be possible in the beginning when the grt value and market cap are low?

[Anonymous No.28797517]

God it feels good to hold GRT even tho I'm a stacklet

[Anonymous No.28797846]

>>28797453
>subject to future technical governance.
The burn rate and everything is 'subject to future technical governance.' It's literally the opposite of a decentralized token. Might as well invest in the dollar.

[Anonymous No.28797853]

>>28793658
Historically, GRT is the R Kelly of Child Porn. 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 sheets. The entire market is being pissed on by trade bots. Large GRT tokens have been already allocated to child molesters, way before GRT even hit the exchange platforms, because of Pornhub funding (Before main net)

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 the Pinochet of commie executions which means the price has to remain low for companies to even want to use it. It is just the way it flies right now.

[Anonymous No.28797885]

>>28797517
All are welcome to the yacht party anon. Make sure to delegate. Helps the network and you can make passive income. Like that one anon said, make a clone of yourself to work at McDonald’s 24/7

[Anonymous No.28797941]

>you kept holding into an obvious crash when /biz/ warned you

[Anonymous No.28798013]

>>28797846
lololol so weak, btc is "subject to future technical governance" via consensus. ETH and LINK are centrally maintained. fuck even doge is maintained.

[Anonymous No.28798102]

>grt is the Rocky Balboa of boxers

[Anonymous No.28798432]

Why would you need a token to search the blockchain?

Nobody has ever had trouble getting data from it before, there is no use case.

[Anonymous No.28798544]

>>28798013
Point is the graph will print 3%(300,000,000+) coins a year. They have the ability to add to that even further so I see no way it would be deflationary as suggested.

[Anonymous No.28798586]

>>28797846
Yeah, it's too centralized for me to justify dropping any sort of meaningful money on it right now. I'll think about getting it after the enormous dump they've announced.
The project itself might be solid, but with these tokenomics, it just screams potential rugpull.

[Anonymous No.28798636]

>>28798432
no shit, this whole thing is pointless
it's just a marketing scheme because investors and zoomers would buy into any technology as long as you slap "blockchain" onto it

it literally does the same thing databases have been doing for years
where do you think banks store your information? the fuckin blockchain? lmao get real

if I'm not willing to pay Google even a single cent for a search result, I'm not paying no Gay Retard Tokens to look up Blacked porn on the blockchain

[Anonymous No.28798768]

>>28798636

what a terrible understanding of what this does or functions. or is this just next level fud I can't see

[Anonymous No.28798787]

>>28798432
>>28798636
You guys are actually fking funny
This is bullish as fuck

[Anonymous No.28798997]

>>28798636
>no shit, this whole thing is pointless
>it's just a marketing scheme because investors and zoomers would buy into any technology as long as you slap "blockchain" onto it
>it literally does the same thing databases have been doing for years
>where do you think banks store your information? the fuckin blockchain? lmao get real
>if I'm not willing to pay Google even a single cent for a search result, I'm not paying no Gay Retard Tokens to look up Blacked porn on the blockchain

[Anonymous No.28799082]

Its not a bad project but i dont really get it why someone would ape in NOW? i mean come on. If you buy it now, you hope that newbies will keep falling for this google of blockchain meme without understanding anything about crypto or tokenomics. It can happen but it would be 100% gambling.

[Anonymous No.28799144]

>>28796038
>Mr Clown, have you ever thought about how there are 400m linkies in circulation but there are 1bn in existence?
KEK

[Anonymous No.28799149]

>>28793885
>>28793900
if you guys bought early and sold high then good for you. too many retards are expecting GRT to go to $30+ like chainlink though

[Anonymous No.28799235]

>>28798636
>if I'm not willing to pay Google even a single cent for a search result, I'm not paying no Gay Retard Tokens to look up Blacked porn on the blockchain
kek

[Anonymous No.28799238]

>>28798636
>if I'm not willing to pay Google even a single cent for a search result
yeah a dapp consumer wouldnt be paying. that would be hidden from them....just like Google hides how they make money from you currently. If you can't think of a service that can make 5 cents a pageview from a banner ad or $1 a session from an video ad when the dapp opens or selling order flow....ngmi.
I almost am thinking these are talking points lifted from early LINK threads, and you guys are secretly whales trying to boost the price by replicating that successful launch conversation.

[Anonymous No.28800007]

>>28797941
looks fine to me nigger

[Anonymous No.28800113]

>>28799149
Russia was the main buyer of the presale at 2 cents a piece. It's no wonder they are shilling so hard over all social media.

[Anonymous No.28800129]

>>28794695
Lol are you me?

[Anonymous No.28800205]

>>28798636
>no shit, this whole thing is pointless
it's just a marketing scheme because investors and zoomers would buy into any technology as long as you slap "blockchain" onto it

it literally does the same thing databases have been doing for years
where do you think banks store your information? the fuckin blockchain? lmao get real

if I'm not willing to pay Google even a single cent for a search result, I'm not paying no Gay Retard Tokens to look up Blacked porn on the blockchain

[Anonymous No.28800362]

>>28793658
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?

[Anonymous No.28800729]

>>28798636
I like how nobody even attempted to refute this.

[Anonymous No.28800924]

>>28800729
well he did >>>28799238

[Anonymous No.28800988]

>>28793658
they unironically believe it’s priced in already lmao

[Anonymous No.28801061]

>>28799238
>>28800924
That post was literal gibberish, makes no sense.

[Anonymous No.28801303]

>>28793658
I shill GRT.
Reason: Because I want others to fail. It’s not enough for me to just make it where’s the fun in that?

[Anonymous No.28801632]

>>28801061
>has no imagination
>is unable to imagine usecases/business models that hide fees from the end consumer
checks out. it checks out.

[Anonymous No.28801666]

>>28799238
what the fuck, are you having a stroke

[Anonymous No.28801793]

>>28800988
That's what gets me, how can suddenly flooding the market with three times the current supply of the tokens even be priced in? On what planet is this how supply and demand works? People keep saying that and I legitimately don't understand how in fuck?