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

/biz/ - Business & Finance

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4766680 No.4766680 [Reply] [Original]

*Silently moons*

>> No.4766747
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4766747

Holding 293 SALT and feeling comfy. Hope the platform comes out soon to keep up the gain train.

>> No.4766770

Bought some of this shitcoin the other day for giggles. Wish I had moved more of my other shitcoins in to it now

>> No.4766806

>>4766747
Going to either be released this week or next, doubt they would do a Christmas release.

/biz/ is going to FOMO this coin too late

>> No.4766807

People still too retarded .). This will be a MAYOR gainer this year but everyone is chasing iota and other crap thinkin he has time :).

>> No.4766866

Holding 1,500 of these salty bastards, Christmas might be pretty good this year...

>> No.4766913

>>4766680
615 of these at $1.50. Pretty comfy.

>> No.4767003

How will this be a majoy gainer? seems like a scam, hold your crypto as collateral? fuck off

>> No.4767021

>>4767003
A mortgage is a loan holding the deed of your house as collateral.

>> No.4767024

>>4767003
yeah its a scam dont buy any

>> No.4767045

>>4766680
uuggh sold all mine last week when it crashed

>> No.4767046
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4767046

>>4767003

>> No.4767069

>>4767046
Then explain

>> No.4767072
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4767072

>>4767003
>take out $10000 loan
>put up BTC equal to $12000 as collateral
>spend that money as you please (bills, more crypto, car)
>pay back loan, use SALT to pay interest
>get BTC back
>”scam”

>> No.4767086

>>4767069
>>4767072

>> No.4767257

Why no release date ?

When is it up and running?

>> No.4767277

>>4767257
This december, most probably within the next week or 2.

>> No.4767394
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4767394

>>4767072
What is the function of the token? Why aren't fees paid in Eth?

>> No.4767418

>>4767394
SALT is used to buy membership to the platform, and SALT can be used to pay off interest. I believe you can pay off interest with other cryptos though. It's just more incentive to get SALT though, since it has a double use.

>> No.4767444

>>4767394
>Why aren't fees paid in Eth?
Because SALT isn't a charity and have to make money.

>> No.4767457

>>4767069
Are you seriously this fucking retarded senpai

>> No.4767487

>>4767003
>scam
https://www.sec.gov/Archives/edgar/data/1686400/000168640016000001/xslFormDX01/primary_doc.xml

>> No.4767494
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4767494

The best purchase I have ever made was SALT. I will be able to quit my job soon once this moons at launch this month.

>> No.4767553

>>4767394
Because SALT token has an exchange equivalence of 25$ in their application (you can pay up to 20% of your interest with SALT) while you can buy them for 6$ on the market (atm)

>> No.4767558
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4767558

>>4767494
>buy low
>sell high
>make /biz/ salty

>> No.4767581
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4767581

>>4767494
>tfw we all are going to make it

>> No.4767755
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4767755

>>4767418
So the price of membership will fluctuate with SALT price?
>>4767444
They could make money in Eth without stacking an even more speculative coin on top
>>4767553
So what's the point of the token after it passes $25?

Why do we need to buy membership to the platform when every loan is fully collateralized? The idea is good but the token seems superfluous...

>> No.4767870

>>4767755
Ppssshhh noone needs to know ;)). Salt is like BTC, a bit retarded and it does not make any sense, nonetheless.. it is the first mover and it will moon like nothing else. The loans dont even matter, this whole platform isbjust a disguise for a fiat gateway to let people cash out ^^. Now delete and buy salt

>> No.4767974

>>4767755
>So what's the point of the token after it passes $25?

Price on platform will go up if market hits the price

>> No.4768012

>>4767974
Yeah, so in other words, price goes up with demand, could potentially go to $50 by EOY or Q1 2018.

>> No.4768073

>>4768012

Exactly and many exchanges and ICOs confirmed they will use SALT to cash out as soon as the platform launches.

Its literally free money at the moment