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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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29985416 No.29985416 [Reply] [Original]

/AVAX GENERAL/

Gather here AVAX chads. How are you feeling today?

What are your expectations for this month when the fud comes out to be a nothingburger?

>> No.29985596
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29985596

>>29985416
How does it feel like knowing that when linux VMS are running on AVAX it will dominate the crypto market?

>> No.29985703

309 Avax holder here. How much will the price depreciate after March unlock?

>> No.29985711

Bought +200 avax yesterday @23 feeling great
Got ~470 now, my aim is to get to 500 before avax validator stack is lowered to 500 and i can get on that subnet farm.
Watching the cardano shitshow from afar lol, all normies got into that shit it's gonna craaaaaaaaash

>> No.29985824

>>29985596
>Linux
How does it even work on crypto? I don't see it doing anything on Ethereum, convince me it is not a meme integration

t. Ico buyer, not selling March

>> No.29986059

>>29985703
I don't know anon, im not much into the technical side of things. Some anons said it's already priced in, however, i think it would be nice keeping some tethered up just in case

>>29985711
Lol, normies are falling for the prophet vibes of Vitalik and Hoskinson, they are going to get screwed.

>> No.29986264

>>29985824
Lucky ico buyer, i envy you lol
The thing is normie software stacks will work for the development on avalanche, this speeds up adoption by a lot.

>> No.29986735

>>29986264
That doesn't make sense to me, who's doing the computation on the distributed system? Certainly not my Pi4. I tried their crappy tower defence game and I don't see how that's related to crypto

>> No.29986922
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29986922

Oh noh. What a scam. RADIX will make this shit obsolete.

>> No.29987141

>>29985824
It'll allow "normies" who don't know solidity to code smart contracts. So it's easier for businesses to adopt blockchain tech, basically.

>> No.29987261

>>29986735
https://cartesi.io/en/docs/machine/target/architecture/

>> No.29987299
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29987299

>>29985416
>>29985596
>>29985703

>> No.29987357

Where can I buy available? I can't get binance or Kraken where I am

>> No.29987570

>>29987357
https://protonvpn.com/

>> No.29988204

When moon?

>> No.29989119

>>29988204
This month is the latest opportunity to get in the train. Avalanche will easily surpass btc's marketcap with time

>> No.29989421

Buy now or march 9 dip bros?

Need another 420 for 1k

>> No.29989914

>>29989119
Why?

>> No.29990030

>>29987357
gate.io or unironically bitfinex

>> No.29990046

>>29989421
Both.

>> No.29990223
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29990223

BITCH I GOT THAT AVAX

>> No.29990345

>>29989914
720,000,000 max tokens, and the tokens are burned on transactions to benefit the ecosystem.
See burnedavax.com. As it is a general platform for smart contract platforms, the transactions in all other platforms will grow the burning rate exponentially

>> No.29990722

>>29990046
This. There might be dump. But if there is no dump and people realize that, price might skyrocket. Also if many people want to buy after the unlock then the price likely won't drop

>> No.29990791

lmao, this niggers want to scaml fucking shit on /biz/
I don’t trust this spam
>SWG and BSC
>That’s our future

>> No.29990826

>>29990722
There is a TON of people waiting for March 9. It's going to be insane.

>> No.29990883

Mid-March AVAX is gonna pump in anticipation of Apricot.

>> No.29990945

>>29990345
If there are only 720,000,000 tokens, and they get burned, what happens once the very last AVAX is burned?

>> No.29991062

>>29990945
DIV/0 and infinity AVAX will be minted

>> No.29991102

>>29990945
They are burned proportionately anon. There are many things in the world that don't work on fixed ratios

>> No.29991191

>>29990945
Governance will add the ability to have dynamic fees, meaning we could lower the burn rate if need be.

>> No.29991367

>>29991191
Governance... So AVAX is a communist coin after all.

>> No.29991563

>>29991367
Apricot will introduce governance so nodes can vote on various things pertaining to the network. Dunno if that's communism.

>> No.29991647

>>29991367
Pretty sure communism means "replacing the ruling class with jews" but what do I know I'm just a nazi.

>> No.29991711

Ok literally what the fuck happens if there is another minting bug and someone makes enough AVAX to crash the market properly? What if it's a quantity that is large enough that the Avalanche Foundation can't afford to burn it?

Wasn't the decision to burn the tokens proof that this requires a degree of centralised control for it to work?

I've gotta say that the whole incident should make anybody worried. Unless the foundations decision to burn had to be agreed upon by the validators in which case it isn't so bad maybe

>> No.29991862

>>29991563
>>29991647

Kek. I am just kidding, anon.

>> No.29992075

>>29985416
If you're reading this , do not buy until after the token release on March 9th.

>> No.29992495

>>29991711
couldn't anyone with enough tokens decide to burn them simply by conducting many thousands of transactions incurring fees?

>> No.29992817

>>29990722
>>29992075
Im thinking it's already priced in, 1d 3d and weekly RSI is at its lowest, no one one is buying now. If it touched 60 on pangolin release ICO, even with the market knowing about the unlock, ICO buyers aren't selling for a third of the price. Im thinking the token release will inject a shitload of volume into the market and will generate a massive green dildo

>> No.29993976

>>29991862
I have assburgers

>> No.29995067

>>29992817
>the token release will inject a shitload of volume into the market and will generate a massive green dildo

How does that work? It's not like they're being given a bunch of cash to buy it. If everybody decided to stake the whole lot it might be an interesting result but that ain't happening. I agree though that I doubt anybody would want to sell after a 65% reduction in price from the top.

>> No.29995099
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29995099

>>29985416

>> No.29995171
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29995171

Feeling like I need this thing to go up soon

>> No.29995716

>>29986059
>how does it feel that it does "insert tech buzzword"
>how will it affect it?
>im not a techi
total state of retards blabbing about stuff they have no clue about.

>> No.29995848
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29995848

MY AVAX STAY SCOOBYSNAX

>> No.29995871

>>29995099

>nobody mentions ftm (because it's irrelevant)
>comes into an avax thread to tell everybody they dont think about avax

lol

[[[WORRIED]]]