When it comes to crypto, I think I know what I am talking about because.....pt1

[Anonymous No.29961264]

I come from from a long line of bitcoin miners. My ancestors were all bitcoin miners. My father, grandfather, and great grandfather were all bitcoin miners. It was dangerous work. Deaths in the mines were all too common. My grandfather died in a bitcoin mining accident in 1961.

I remember that, as a child in the 1960's, everybody in the community relied on the mining income. It's the only work there was back then.

We were pretty poor. Bitcoin wasn't worth much, not like today. On the other hand they were much more plentiful and easier to find. When I was a child, a block of 50 bitcoins wasn't hard to find. Those bitcoins could feed an entire family for a week. Sometimes my dad would find two blocks in a week. When that happened we would get to eat meat on a Sunday. But there were also the weeks when he didn't find any, and we would go hungry.

I remember him once coming home pretty happy. He had found a hard fork. He gave us all a big kiss and then handed my mum a big bundle of bitcoin cash. She took us all out for a treat in the movies.

It wasn't a steady income. You never knew if you were going to find any bitcoin. To smooth out the ups and downs my dad eventually joined a mining pool which shared the results amongst its members. It didn't last long. The difficulty was constantly going up and the rewards became less and less.

As I said, it was hard and gruelling work. They didn't use nice clean electricity like they do today. It was hard and dirty work involving sweat and blood.

[Anonymous No.29961650]

If you want to know the real meaning of "proof of work", just imagine my father when he came home after a gruelling day down a bitcoin mine. You knew where he had been. The proof was everywhere. His skin and clothes were covered in bitcoin dust. The whole house used to stink of it. I think it was what killed him He was probably constantly inhaling bitcoin dust into his blockchain.

If my father was still alive today, I wonder what he would say, on learning that bitcoin is now worth thousands of dollars.

Anyway, sorry for the above. I do realise that this is not about bitcoin, but rather about moonshots. So here is my prediction of an exciting moonshot. My moonshot crypto is the GET Protocol token ($GET). It's a crypto with a deflationary supply.

It's also a tiny microcap, below $10 million, which means it could easily do 100x.

GET solves the scalping problem which plagues the ticket industry, particularly for pop concerts. Despite Covid's lockdowns, and 99% cancellation of events, there are still more than 1000 GET-powered tokens being issued every day.

Why do I think GET will go to the moon? Simple. There will be more pop concerts once lockdown finishes. That means more demand from ticket issuers and more GET will be burned.

https://uniswap.info/token/0x8a854288a5976036a725879164ca3e91d30c6a1b

http://get-protocol.io

https://www.coingecko.com/nl/coins/get-protocol

[Anonymous No.29961707]

The good ol' days when grandad still worked in the BTC mines. This shill made me chuckle

[Anonymous No.29961711]

lmao
this is gold sir
you got my attention
will look into this GET

[Anonymous No.29962062]

>>29961264
Quality shitposts are back on the menu boys.
It does look promising tough, i'll keep it on the radar.

Can we moon this shit, could use a new car

[Anonymous No.29962161]

Not good having that bitcoin dust in your lungs, reks the body.

I remember when I was a young kid, my dad would take a parrot down in the crypto mines with him to detect for any high gas fees, that bird could smell that gas from a mile away, saved a lot of lives from getting rekt.

Quality shitpost though, gonna have to take a look at this GET then, you busted balls shilling it

[Anonymous No.29962410]

This (story) is gold

[Anonymous No.29962445]

LMAO

As a Dutchie I remember GET from a tv talkshow here. I found the link:

https://vimeo.com/258953277

They're doing great. Certainly a project to keep an eye out for. Will maybe buy some if my other bags moon.

[Anonymous No.29962632]

>>29962161
underrated post

[Anonymous No.29962733]

>>29962161
Yeah i just bought some, gas fees should be fucking criminal
>reeeee

[Anonymous No.29962857]

>>29961650
the transition to shill was a bit shit
like an here is a story
and if you want a moonshot here

nah, should have been a coin that fixes proof of work to fit with the narrative
like kadea who has proof of work and made it work, or some proof of stake shit like algo or eth

[Anonymous No.29962945]

>>29962857
good observation anon - agreed

still GET protocol looks very interesting

[Anonymous No.29963033]

Anybody read that article a few days ago where they found traces of Bitcoin dust on Egyptian mummies? fucking crazy to think they discovered it that long ago

[Anonymous No.29963084]

>>29962945
yeah don't know much about it, would be interested to hear about the tokenomics
but already i see a problem.. people whole have to use GET
wich won't happen. plain and simple.
they don't care about scalpers, consumers care but people who run shit don't, and they are the people who would have to use the service
they probably have to pay for it? right
yeah i don't see that working

[anon No.29963539]

>>29962161
The comment about the Parrot and the High Gas fees had me burst out laughing! Well done!

[Anonymous No.29963553]

so what are u complain about lmao

don’t be a tard who trusts this shit that is shilled on /biz/
>fee will kill ETH and common lp trading
if you wanna live and make earnings follow me
check ENQ Blockchain, gem blockchain for smart asses

[Anonymous No.29963671]

>>29963553
>don’t be a tard who trusts this shit that is shilled on /biz/
>if you wanna live and make earnings follow me

[anon No.29963778]

>29963033
Bitcoin dust on Egyptian mummies? I read that they found drawings of light-bulbs and batteries on the tomb walls, but this just goes to show those ancient Egyptians were smarter than we think. On the other hand, if you can build a pyramid by mining blocks of stone weighing a billion tons with your bare hands, I guess mining a little bit of bitcoin on the side was not that great a feat.

[Anonymous No.29963981]

>normie tier forced comedy
<Hahaa so funny lmao

[Anonymous No.29964176]

>>29963084
>it won't work

It already is working. 600k tickets sold. 27% growth rate during covid19. Expanded to Korea (kpop deals signed), Italy, Germany and UK

The rate of growth is impressive. Fans are fed up with it and it goes through the chain to artists and venues.

P.S. fans don't even know blockchain is involved. They only see the benefits.

https://medium.com/get-protocol/death-by-a-thousands-cuts-using-moneyball-thinking-to-strike-out-ticketmaster-31c161f84f1c

https://www.worldcoinindex.com/nl/news/k-pop-goes-blockchain

[Anonymous No.29964459]

Close to 30k tickets sold in the last 30 days.
And that during a pandemic.

Once big events are allowed again this will blow most projects away in terms if adoption.

And it isn't even top 500.

The gem of all gems. Don't sleep on this one anon.

https://adnanzzz.medium.com/the-bullish-case-of-get-protocol-c2b6623eea96

[Anonymous No.29964647]

>>29964176
very nice, can you answer the tokenomics question?
and do the ticket sellers have to pay for it?

[Anonymous No.29965206]

>>29964176
>I am beyond excited for everything that is to come in this new chapter of GET Protocol and our mission for world domination."
oh god..

and how is this shit even going to work out?
how long do they plan to be around, if everything gets burned?

[Anonymous No.29965216]

>>29964647
Every ticket sold requires 0,34$ worth of GET. This is paid by the ticketeers. Bought from exchanges and burned. So it's deflationary.

https://link.medium.com/8hfEjn0Ideb

Additionally the token is also a governance token. The goal of the protocol is to be fully decentralized and everything to be decided by tokenholders. The first steps in governance will be released very soon. I expect the ticketing companies using GET to buy up and lock a lot if the supply as they will want to have a say in the protocol their tickets are running on.

Here's also the burn wallet:

https://etherscan.io/token/0x8a854288a5976036a725879164ca3e91d30c6a1b?a=0x0000000000000000000000000000000000000000

As more tickets are sold, more GET is sent here and burned forever.

[Anonymous No.29965335]

>>29965206
Don't be a dumbass.

The GET needed is expressed in fiat (0,34$ per ticket). GET is divisible to 18 decimals.

As the supply gets smaller so does the price of GET. In an extreme example you could be holding the last GET and sell them 0,000000000000000001 for millions and do this until the end of the universe.

Just like you can't empty a Uniswap pool so can't all the GET be burned as the market is elastic and the closer we get to a low supply the more explosive the price upwards will be.

[Anonymous No.29965387]

>>29965216
>This is paid by the ticketeers. Bought from exchanges and burned
I don't trust that the ticketeers will just set up an eth wallet and buy get of uniswap, there needs to be some kind of Treasury system where they pay with fiat and the system buys from the exchanges

>>29965335
good point fren

[Anonymous No.29965401]

>>29965335
>GET
Correction > "so does the price of GET go up"

[Anonymous No.29965480]

>>29965387
That's already in place. The foundation does it for them. In the future as GET shifts to decentralization they will need to buy it themselves. But as crypto moves to mainstream, that will become a lot easier.

[Anonymous No.29965523]

>>29965480
very nice, what do you think the mcap will be in 3-5 years

[Anonymous No.29965598]

>>29961264
Kekd so hard.
I will kek more if copper goes over 6 USD eoy.

[Anonymous No.29965639]

>>29965523
1000$ is programmed anon if you're patient enough

Increasing demand + decreasing supply = unlimited upwards price movement

It's a goldmine that does the mining for you. All you have to do is make sure you hold enough of the tokens.

[Anonymous No.29965678]

If you compare it to other projects the marketcap should be 10x from current levels

[Anonymous No.29965998]

>>29965678
Even 100x

But the buybacks will push it organically

>I expect 10 million tickets next year
> = 3,4 million usd in GET needed
> = buybacks & burns close to 300k$ every month

Just imagine what that will do to such a snallcap.

[Anonymous No.29966031]

>>29965998
wont they run into problems in the eu for example, there is regulatory uncertainty when it comes to burning

[Anonymous No.29966129]

Ez 10x, think closer to 100x

Lot of alts in top100 still have no working product

[anon No.29966145]

>>29965523
You ask what the market can will be in 3-5 years.

I am going to give you a few clues - but you have to do the maths:
1) 99% of events are closed due to lockdowns.
2) A record number of GET-powered tickets were sold in 2020.
3) The current run rate in 2021 is more than 1000 tickets a day, i.e. 30% to 50% more than in 2020.
4) Any ticket issuer can use the GET Protocol to prevent scalping. It's a white labe product open to all. It's invisible to the end user. He just has a ticket on his phone.
5) New ticket users are starting to use the GET Protocol.
6) European laws are being passed (e.g. in the UK), requiring ticketing companies to take action against bots buying to scalp.
9) This is a small cap - below $10 million.
10) If 365k tickets per annum can be sold during lockdown, (meaning each ticket burns $0.34 of GET), what do you think will happen to the GET price when the 99% of closed events start to re-open?

[Anonymous No.29966198]

>>29966145
>European laws are being passed (e.g. in the UK), requiring ticketing companies to take action against bots buying to scalp.
very very nice
but >>29966031

[Anonymous No.29966254]

>>299660

I just checked whilst doing my research and the CEO of the project is a Dutch lawyer who is well researched on European crypto and blockchain laws. They'ved passed the Howey test and had checks in place for their token economics

[Anonymous No.29966264]

I don't get how I can get GET when there is no get to get. This volume is sad.

[Viktoria No.29966269]

Everybody talks about ecosystem
can’t name at least 1 project with full-workable eco
and these homeless beggars try to scam with their trashprojects
ok, if you are an autist you can go for this
I am clever enough and use ENQ ecosystem and its mining

[Anonymous No.29966301]

I didn't read a single thing ITT

[anon No.29966402]

>>29966031
>29966031
You wrote "wont they run into problems in the eu for example, there is regulatory uncertainty when it comes to burning"

Answer: Absolutely not. The rules apply to burning of fossil fuels which create too much CO2. There is an exemption for burning crypto generally as it can be turned into organic fertiliser which doesn't pollute.

[Anonymous No.29966425]

>>29966031
They passed a lot of audits (check their website) and the CEO is a former lawyer so I think they know what they're doing :)

[Anonymous No.29966424]

>>29966402
cunt

[Anonymous No.29966683]

like bitcoin $GET is just programmed to go up, question is are you in early or are you're missing the boat

[Anonymous No.29966855]

Real adoption!!

[Anon No.29966918]

>>29966402
kek

[Anon No.29966964]

>>29966683
with all due respect sir but Bitcoin is an inflationary ponzi. Bought to sell to the bigger fool

GET is deflationary and bought by ticketeers because they need it to run their business.

[Anonymous No.29966987]

>>29966964
>Bitcoin is an inflationary
anon i..

[Anonymous No.29967150]

>>29966987

crypto in general is inflationary, since there's no limit to the number of tokens that can exist.

[Anonymous No.29967197]

Cool to see mochimo $mcm finnally starting to blowing up. So few projects like it these days.

[Anonymous No.29967237]

>>29967150
>there's no limit to the number of tokens that can exist.
anon i..

[Anonymous No.29967245]

>>29966402

So it’s environment friendly, lol

I’m in!!

[Anon No.29967316]

>>29967150
it is sir. the inflation rate lowers at every halving but still inflationary through mining

[Anonymous No.29967333]

>>29967150
this is the brains that share the board with us

[Anon No.29967398]

>>29967150
this is not true. no more GET can ever be minted.
max supply attached as picture

[Anonymous No.29967474]

Reddit moment

[Anonymous No.29967917]

this guy must have been stoned of Bitcoin dust when he wrote this

[Anon No.29967980]

>>29966264
volume is ok sir, check uniswap:

https://uniswap.info/token/0x8a854288a5976036a725879164ca3e91d30c6a1b

it was 400k $ a few days ago. Today it's on the lowside but will get better

[Anon No.29968507]

this is about to go global

[Anonymous No.29968859]

>>29967980
Ahhh that is quite the drop and I was just looking at Hotbit volume. Seem legit enough to give it my usual bet of a few hundred $.

[Anon No.29969350]

[Anonymous No.29970412]

The most undervalued crypto project for sure

[Anonymous No.29970650]

sounds like it’s worth a try!

[Anonymous No.29970680]

do not let this car collect the bitcoin dust

[Anonymous No.29970772]

short term price target? it already rose in price quite a bit last weeks.

[ALARHABE No.29970797]

dude, you own 3k USD, it would be good for you to pour everything into one token, and not be sprayed on minor things

> listen to this shillers on / biz / and get fuckcoin
> lose everything all in once

And this is way to make a real PROFIT:
> buy GSX and hold
10x is available ASAPP. Easy!

[Anonymous No.29971265]

>>29970772
2 - 3 usd should be doable

[Anonymous No.29971341]

Finally a comfy discussion on /biz/, can you get shills come by more often.

[Anonymous No.29971505]

>>29970772
it was just picking up a little last weeks, expecting more dust to shake off this coin, and come out of the darkness from the mines.. and shine

[Anonymous No.29971548]

>>29970772
10$ should be doable in the coming weeks with all the news that's to come and crypto marketing finally starting this week.

[Anonymous No.29972051]

Nice gem. Will check it out

[Anonymous No.29972151]

stop talking about bridges if you don’t understand how they are working
this hype train wouldn’t work on /biz/
go tell about this shilling on fb or twitter lil dumper
my friends not an idiots , we hold and farm on julswap

[Anonymous No.29972679]

I hold 30k GET and I'm literally SHAKING thinking about how rich I'm going to be in 2 - 3 years

[Anonymous No.29972928]

>>29972679

[Anonymous No.29973069]

Well strap on to the F*cking rocket

[anon No.29974125]

>>29967917
>29967917
Your wrote: "this guy must have been stoned of Bitcoin dust when he wrote this"

Do you mean snorting it?

[Anonymous No.29974281]

>>29974125
That could cause sinusitis, sir

[Anonymous No.29975639]

>>29974281
I'm sorry sinusitis from bitcoin dust sir?

[Anonymous No.29976889]

you say what?