/biz/ - Business & Finance

>>29893039
please don't tell me there was a smart contract hack

>he fell for scamcor

>>29893039
>He didn't buy at $1
Heh
Babies first -20% loss?

>>29893144
No. I’m usually not that retarded but fell for biz FOMO and bought around 5.30 after a dip. It kept dipping. I’m thinking we’re gonna bear for weeks before another run, probably going ro sell

It's pretty much crabbing in sats... What are you complaining about? It's a bear market.

I sold the BNT pump but c'mon

>>29893288
ahhhhhhh

>>29893200
Why aren't you staking?

>>29893431
because its not worth it with my poorfag 400 stack. i thought this would go on a AAVE level run

help

>>29893039
I'm up 174% this month
Based bancies

>>29893039
>losing money on free money
no possible way you're really this retarded

>>29893039
bought at 2, never selling

>>29893200
Just stake it you baby

>>29893496
Nigga I’m staking 450 and making like $1.50 a day.

>>29893939
it isnt worth it lmao. 100% in a year?

>>29893787
help

>>29893200
I've been buying in increments all the way from 2.30 to 6.40 lol it literally doesn't matter, enjoy the discount and start staking

>>29894093
why would i stake for 2 dollars a day

>>29894327
srs

>>29894327
That's free coffee for life, what the hell is wrong with that?

why is it a bad idea to trade my vBNT for stable coins and stake with them?

When i want to remove by BNT stakes just sell my stables back for vBNT?

>>29893982
wow only doubling my investment (apart from appreciation) in a year, that's fucking awful

>>29894589
If BNT moons you'll have to buy more stables to get vBNT to get it out. You're essentially short BNT if you do that.

>>29894625
So you don't think we are going back to $2 then?

>>29894650
No idea, but you asked why it could be a bad idea. If you believe we're headed to $2 there's nothing wrong with it.

Am i missing out by not touching my vBNT?

>>29894713
This is why i like bancor. No shilling. or excellent shilling.

>>29894755
You're missing out on potential profit and also potential risk. vBNT can basically be used to take out an Aave style loan against your BNT. Loans can be quite good or quite bad.
My ideal setup, personally, is to trade vBNT for more BNT, and double stake it. However the vBNT/BNT swap rate isn't great so until it starts burning I'm just holding.

>>29894713
Hopefully VBNT pool opens up more because i’m a dumbass and don’t know what to do with it.

>>29894327
>why would i get 2 dollars a day when i can get 0

>>29894935
Doing nothing is not that bad, it's the lowest risk option.

>>29895059
More like
>2 dollars a day! What the catch?
>oh no catch sir, I will just be needing you to send me thousands of dollars on bnt first and locking them up for months

>>29895204
>any form of investment

>>29893144
this
>all the retarded fomo swingies that bought a couple weeks ago after it had pumped 3x and now are mad that it's dropped a bit during a big btc dip
ngmi.
>>29893200
>selling
>selling low
>selling when bnt has held strong and only reason for dip is btc
>not realising as soon as btc recovers we are hitting $10 in no time
absolutely plebian

>>29894935
im in same boat. prob not worth swapping into another token right now.

ive never seen the vBNT with any space. and i check regularly

>>29895204
This describes any investment, really. It all has risk. The timelock isn't even required, just prevents IL.
You'd be hard pressed to find an asset from classical finance that returns even a quarter of the yield that you'd get here, so the return you're complaining about is quite good, anyone would agree. Just a matter of whether you're willing to hold BNT.

fuck this were heading to 2

>>29893039
I bought at $1. Do I sell and move on now that I have made a comfy stack or hold for a little longer?

>>29895171
Never gonna make it with an attitude like that

>>29895395
how sure are you?

swap your vBNT for stable coins.

>>29895428
fortunately, I don't need to, I'm already there.

>>29895395
Maybe yeah. Why did you buy it, cos you thought it’d go up in a perfectly straight line?

>>29895446
He doesn't even stake

wont the need for this be obviated by ETH post-optimism

>>29893496
How would that even happen?

>>29895542
lol, bancor is a DEX anon
>>29895395
i genuinely cannot wait to see you in this thread again in 2 weeks

>>29894327
Stake your rewards after a couple of years and you’ll be making $4 a day.

>>29895631
>lol, bancor is a DEX anon
yeah, but for most people uniswap (which is also a DEX) is fine, an ETH will have lower gas fees starting in march

>>29895769
What's the chance that this will actually keep on giving rewards? Compounding passive income gives me a rock hard boner even if it's kind of low, but not if it could just stop

>>29895834
Uniswap sucks

bancor will also have lower gas fees via arbitrum, probably sooner than uni as it's already running on testnet just waiting for arbitrum launch. if gas fees are the same for both, then they are a non-factor in discussing the comparative merits of eg bancor and uniswap, so i don't really understand your point anon.

>>29896124
>>29895834

>>29896110
There’s rewards for the next year

>>29896216
also discussion on extending current rewards in the main pools.

I understand buying at an ash and watching it go down for a few weeks is stressful, but I bought bnt because staking and high rewards actually protect us pretty well from the fluctuations. When the bull market resumes we’ll be incredibly well set by holding this.

>>29896447
*ath

>>29896368
Do you know which are the main pools?

>>29893039
Almost like btc took a shit and 75% of alts are down even more. I bought at 2$ so I am still very comfy staking. Price will go up after btc corrects

>>29896699
LINK, wBTC, stables etc .

Nothing confirmed yet. Check the gov section

>>29893496
you realise this was doing extremley well price wise, constantly setting new highs and bla bla every other day till btc dumped? just wait for btc to stop being bearish and bnt will get back to that.

>>29893039
lost all my money yesterday trading bitcoin on bybit fuck crypto fuck you fucking scammers it was my fucking first day as a trader and i lost if fucking all

i hope that the faggots that shorted bitcoin yesterday choke on their own fucking blood

pieces of shit never touching scamcrypto again

probably will do stocks or forex fuck this shit and if you dont agree go and suck a donkey cock and burn in hell

>>29897537
This, if you look at BNT/BTC it's just crabbing at the moment.

this is making me so bullish for bnt

Hey guys this system only works because of rewards that are going away at some point and requires constant new investment to maintain any value at all. I know a lot of people think this project is new but it's years old. It's normal price is 20 cents.

>>29897852
thanks, bought more.

>>29897852
fuck off chink. you're not gonna fud this glorious white jew coin

>>29893039
Should have bought at 20 cents. Now you're gonna hold those bags all year. Cut your losses now and wait for Jigstack or you are not going to make it.

>>29897935
>https://www.coinspeaker.com/why-jigstack-microsoft-defi/
>microsoft of defi
>MICROSOFT OF DEFI

>>29893980
you should be making close to double that, 4x when you hit your max multiplier. what pool did you go with?

>>29897627
Lmao eat a dick double digit IQ nigger

>>29898469
Bnt and Eth

>>29898469
>>29898684
i literally only have 180 bnt, but I'm thinking about staking link? opinions?

>>29899224
well you will pay like $200 in gas fees just to stake, and best case scenario you double your stack in a year

>Why yes, I did notice total staked BNT is over 60% and I am indeed aware that this will make us rocket to the top 50 the very moment the market loses its bearish sentiment, how could you tell?

>>29899280
even though gwei is only ~85 right now?

>>29899224
I’m 2 weeks into Staking ~2k BNT. Have 56 BNT in rewards.

>>29899224
The arbitrum update is probably only a few weeks away if you can wait? Cuts fees 50x

>>29899671
I’m 1 week in with about 1k staked, just 10 bnt in rewards. Assume because the multiplier won’t have kicked in for me yet?

>>29893982
Stay poor

>>29899852
true I guess I'll wait for that, in the meantime gonna use my wagie paycheck to acoomulate some more

>>29899959
Just relax in the pool, it'll kick in soon enough and you'll be counting stacks.

bought at 6.2 so might as well crash with the ship
I'm holding boys

>>29899959
Multiplier is applied once you withdraw or stake your rewards. So the number you are seeing is without it.

>>29900528
This is not true. Multiplier will apply to your displayed rewards every 7 day period, until it hits max of 2x.

>>29899336
based
>>29897627
kek