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/biz/ - Business & Finance

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29893039 No.29893039 [Reply] [Original]

>> No.29893073

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

>> No.29893128
File: 96 KB, 1232x1280, 1604415658136.jpg [View same] [iqdb] [saucenao] [google]

>he fell for scamcor

>> No.29893144

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

>> No.29893200

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

>> No.29893288

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

>> No.29893374


>> No.29893431

Why aren't you staking?

>> No.29893496

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

>> No.29893712


>> No.29893745

I'm up 174% this month
Based bancies

>> No.29893787

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

>> No.29893808

bought at 2, never selling

>> No.29893939

Just stake it you baby

>> No.29893980

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

>> No.29893982

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

>> No.29894013


>> No.29894093

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

>> No.29894327

why would i stake for 2 dollars a day

>> No.29894551


>> No.29894583

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

>> No.29894589

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?

>> No.29894606

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

>> No.29894625

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.

>> No.29894650

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

>> No.29894713

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.

>> No.29894755

Am i missing out by not touching my vBNT?

>> No.29894778 [DELETED] 

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

>> No.29894883

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.

>> No.29894935

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

>> No.29895059

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

>> No.29895171

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

>> No.29895204

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

>> No.29895343 [DELETED] 

>any form of investment

>> No.29895366
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>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
>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

>> No.29895382 [DELETED] 

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

>> No.29895392

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.

>> No.29895395

fuck this were heading to 2

>> No.29895424

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

>> No.29895428

Never gonna make it with an attitude like that

>> No.29895446

how sure are you?

swap your vBNT for stable coins.

>> No.29895482

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

>> No.29895489

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

>> No.29895503

He doesn't even stake

>> No.29895542

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

>> No.29895595

How would that even happen?

>> No.29895631

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

>> No.29895769

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

>> No.29895834

>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

>> No.29896110

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

>> No.29896117

Uniswap sucks

>> No.29896124

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.

>> No.29896164


>> No.29896216

There’s rewards for the next year

>> No.29896368

also discussion on extending current rewards in the main pools.

>> No.29896447

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.

>> No.29896483


>> No.29896699

Do you know which are the main pools?

>> No.29897084

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

>> No.29897233

LINK, wBTC, stables etc .

Nothing confirmed yet. Check the gov section

>> No.29897537

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.

>> No.29897627

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

>> No.29897637

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

>> No.29897728
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this is making me so bullish for bnt

>> No.29897852

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.

>> No.29897882

thanks, bought more.

>> No.29897885
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fuck off chink. you're not gonna fud this glorious white jew coin

>> No.29897935

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.

>> No.29898245
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>microsoft of defi

>> No.29898469

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

>> No.29898645

Lmao eat a dick double digit IQ nigger

>> No.29898684

Bnt and Eth

>> No.29899224

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

>> No.29899280

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

>> No.29899336
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>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?

>> No.29899457

even though gwei is only ~85 right now?

>> No.29899671

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

>> No.29899852

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

>> No.29899959

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?

>> No.29899983

Stay poor

>> No.29900332

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

>> No.29900351

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

>> No.29900442

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

>> No.29900528

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

>> No.29900600

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

>> No.29900617