/biz/ - Business & Finance

[Anonymous No.56425719]

>FTX decides to stake all their SOL until 2028 instead of selling it
>TVL up >700% this year
>partners with VISA (One of largest companies in the world
>NFT volume surging
>one of highest staking yields in market
>staking back to pre-FTX levels
>up >50% past 40 days
>USDT/USDC faster cheaper than ETH.
>$100k bounty to break the network remains unclaimed
>always pumps super hard
Why are you not a SOL bull anon?

[Anonymous No.56425766]

>>56425719
Didn't their network have to be rebooted at least 5 times already? They won their 100k bounty already. For the rest I don't know I'm a retard and I didn't buy because a normie shilled this to me irl in the gym last year

[Anonymous No.56425828]

>safe and effective
SOL is the jew coin

[Anonymous No.56425857]

>>56425719
Because it chokes like every second month? Can't believe this jew scam is still alive and kicking

[Anonymous No.56425863]

>>56425719
>Why are you not a SOL bull anon?
I only got 130

[Anonymous No.56425877]

>Last coin to pump during last cycle.
>VC’s have heavy bags.
> huge supply mostly held by VC’s
>Massive inflation
>retail has heavy bags
>shilled by CT influencers with heavy bags.
>ghost chain
>yesterday’s news
>way more unlocked supple since last cycle

I dont want to get mercilessly dumped on so i dont own it

[Anonymous No.56425888]

Not buying your crappy centralized VC backed shitcoin.

[Anonymous No.56425905]

>>56425857
It’s been almost a year of uninterrupted service.

[Anonymous No.56425911]

Why is ftx allowed to stake cryptocurrency still when they owe billions to their customers still ?

[Anonymous No.56425914]

>>56425719
>Why are you not a SOL bull anon?
coz I aint no nigger
nor altcoiner

[Anonymous No.56425915]

>>56425719
Is it THE Efeareum killa?

[Anonymous No.56426008]

Based thread, SOL and BNB are my main horses now with POND and KDA just in case they finally do something and poomp as well. Both have great copium attached and I inhaled.

Things are looking bright anons.

[Anonymous No.56426009]

>>56425911
the judge gave them the options to leverage their crypto holdigs while they are repaying creditors, including staking
welcome to the jew system

[Anonymous No.56426015]

>>56425914
btc maxxies are like vegans and linux users. they cannot stop sniffing their own farts.

[Anonymous No.56426022]

>>56426008
Pond's oyster will become a must have for projects to call themselves bullet-proof against hacks. Not hopium imho.

[Anonymous No.56426025]

>>56425877
who cares whenever it dumps to hell and people say "it's joever" it always manages to come back expectacularly.

[Anonymous No.56426031]

>>56426008
>>56426022
>$100k bounty to break the network remains unclaimed
read fags

[Anonymous No.56426039]

>>56425766
Slugana is no more. They've improved. Still chugs when too many people use it but the meme where admins would gather to organize and restart the network was always fake.

[Anonymous No.56426071]

>>56426008
SOL is gonna make us fucking rich. I think it’ll hit $800-$1000 on a blow off top bull run. BNB worries me because of Jewish regulators. Kikes seem to turn a blind eye to SOL.

[Anonymous No.56426080]

>>56426071
They turn a blind eye, for now. Only for now. They'll come for us eventually. Hey if they bend over like sissies we'll easily break ATH at least.

[Anonymous No.56426082]

>>56426022
I want to believe..

[Anonymous No.56426104]

Only reasons to fud Solana now:
> Gensler labelled it a muh security but his arguments don't have much merit after XRP was declared a commodity (on the condition it's sold on exchanges and not by the foundation itself)
> Inflationary tokenomics
Other than that, Solana is genuinely THE ethereum killer. Much better scalability, much faster, much cheaper, vibrant community + fantastic marketing, etc.

[Anonymous No.56426112]

>>56426104
You have a source on the SEC declaring SOL a security?

[Anonymous No.56426594]

>>56426104
Dude if Sam bankman is pro SOL- SOL is 100% a security . Sam literally said the SEC gave the industry to Gensler on a platter? Why? Because Gensler knows about bitcoin (BSV)— Gensler is WHY FTX and binance are in investigations .

[Anonymous No.56426663]

Solana is the real eth killer/competitor

[Anonymous No.56427540]

I’m still not convinced this shit is stable with a lot of load. Will another outage be forgiven? Is the foundation still subsidizing nodes?

[Anonymous No.56428734]

>>56425828
that and ARB / GMX

[Anonymous No.56428751]

>>56425719
I have a bag. Can't wait to see the methheads coping seething when SOL hits 3k per. They're going to remember when they were too busy making basedlana manlet posts instead of grabbing a bag.

[Anonymous No.56428753]

>>56425719
reminder that it can only do 270 swaps / second

[Anonymous No.56428756]

they could schedule their downtime better, they gave very little notice in the past

[Anonymous No.56428771]

>>56425905

[Anonymous No.56428800]

Did a quick look on X about Solana, crypto thots & nfts was all it showed up. How high could this shit go really? Market it's still retarded , better be putting money back into dog coins rn

[Anonymous No.56428888]

>>56426112
There were like five pages dedicated to it in the Binance report. It is common knowledge that the SEC believes it to be Security at this point. Here's a list of cited shit

https://coinmarketcap.com/view/alleged-sec-securities/

[Anonymous No.56428975]

>>56426104
>Much better scalability
I hope this is a joke bruv. It only works because the validators are NASA computers connected to 100 GBIT internet. The scalability of Söylana is literally pegged to computer hardware aka not really scalable.

[Anonymous No.56430669]

>>56428975
I agree that in terms of decentralization of nodes, Solana doesn't do too good, but it's still sufficiently decentralized compared to current banking and financial infrastructure. The transactions are still final and settle rapidly, but most importantly it scales. I think the whole "blockchain shut down" is FUD, what happened is that the nodes did not reach a concensus. Solana sacrifices decentralization of nodes for scaling. Whether or not this is good is up for debate. I think Bitcoin, Ethereum and Solana can co-exist as they fulfil different needs. You have a range of small, medium and large blocksizes. I'm not going to lie and say I'm not concerned about the state of nodes, but it's still a vast improvement over legacy systems and it does indeed scale. My other concern is that I'm not sure big blocks mean anything. BSV predates Solana and it's garbage.

The other thing is this. In theory, altcoins are useless because the whole purpose of Bitcoin is to adapt to its environment. It's a protocol that may evolve if circumstances demand it. Whatever Ethereum, Solana, etc. do, so can Bitcoin. For now there is no need for Bitcoin to adapt because growth is slow, but I'm positive it's capable of change either via soft or hardforks if circumstances pressure it.

[Anonymous No.56430799]

>>56430669
>Whatever Ethereum, Solana, etc. do, so can Bitcoin.

ummmm.....no

otherwise they would have had smart contracts up and running ages ago.

Gen 1: Bitcoin
Gen 1.5: Ethereum, Polkadot, Solana, everything else you've heard of including fake new gen Sui and Aptos
Gen 2: Avalanche

[Anonymous No.56430943]

>>56430799
"Smart contracts" are buzzwords used to attract the naive. There are contracts on Bitcoin in limited capacity. One can write contracts with Bitcoin's scripting language. More sophisticated contracts are found on Lightning (eg. HLTCs, DLCs), or on sidechains (Rootstock). This is a better architecture than all other blockchains because it makes no sense having execution and computation on the same layer. See:
https://en.m.wikipedia.org/wiki/Separation_of_concerns

[Anonymous No.56431365]

>>56430669
Solana is basically meme hardware scaling (The worst kind of scaling) with cool VM, There's nothing inherently special or groundbreaking about it, Certainly not something that justify the amount of shills it gets on social media/VCs

[Anonymous No.56431691]

>>56425828
>safe and effective
>SOL is the jew coin
...yeah, why do you think we're investing in it?