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/biz/ - Business & Finance


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56862970 No.56862970 [Reply] [Original]

+50% today. This baby did a x20 for me last bullrun and it will do it again. This is the only post that I will make about it on /biz/.

>> No.56863051

Why would you need a token for this? In fact, why would you need a token for anything. All altcoins are token not needed projects. Only BTC makes sense as an hedge against inflation, that is all. If I want some company to do a fucking analysis of addresses thing, I can pay them in USD and have them run the god damn thing, and not have to deal with yet another fluctuating asset (PRQ, or whatever altcoin you want to mention) on my fucking portfolio, while I have my savings on BTC throught MSTR, and compound a nice yearly 14%.

>> No.56863108

>>56863051
I think part of their project adresses this exact issue. You can pay USD and their smart contract magic shit will automatically rent the required amount of PRQ, without the client even needing to purchase any crypto. They pitched that system as something they could market to other companies
Not sure where exactly they ended up on it. I thought the IQ protocol was supposed to do that, but now it has its own token IQT geared towards video games or something

>> No.56863240

fartshit

>> No.56863302

>>56863108
I bought PRQ when it was still relevant and see nuFartShit faggots is depressing.
>Secret insider magazine saying PRQ was a great buy under $2
>Lost to pee pee shrimp
>Anatoly spent tons of their money on OF and was bragging about it
>IQ protocol was hyped to be the huge realization of their project, you could stake and this would be Parsiq used in their service. It didnt go that way at all, major bust and service not used or needed.
>Coinmetro also shat the bed
I sold this at 1.80 and made good money, now you brown scum come to revive the corpses of shitcoins past.
The team was shit, the product failed, the dump was deserved.
Faggot OP doesn't even have his script right going on with his
>Oh I don't know iq protocol and it does something maybe?
Unironically you can make money off whatever greasy shit is going on with this shitcoin but take your pump and go.

>> No.56863401

>>56863302
Fuckface, i am not shilling PRQ. I stopped paying close attention to the project over two years ago.
The IQ protocol token lending thing seemed like a good idea, but as i said, they made a new token called IQT which had a flop launch a few weeks ago and seems generally shady

>> No.56863441

>>56863051
Anon, if you're new to crypto, you'll eventually realize there is no need for tokens. Yes, BTC is the only currency token needed and then you obviously need native tokens for "L1s" to pay to update the state of those global computers...

But all other tokens, including the Beloved Chainlink, are not needed. People will respond with 5 paragraph essays about the "cryptoeconomics" and other BS about why a token is needed, but it is all mental gymnastics.

Tokens are just a way to make money easily without having to offer a product.

>> No.56863452

i held through the -99% dip but i want to sell now.

is there any reason not to sell here? its just another 0 revenue ponzi that nobody uses right?

>> No.56863580

>>56863452
The reason is REACT 1:1 swap.

>> No.56863600

>>56863452
I‘ll buy your bags

>> No.56863637

>>56863401
>+50% today. This baby did a x20 for me last bullrun and it will do it again. This is the only post that I will make about it on /biz/.
>Fuckface I am not shilling bloody bastard benchod fuck u bloody sers please be purchasing the tokens??
I can smell you, Raj.
Go ahead and declare how I will stay poor without your cutting edge alpha. I already made my money off this piece of shit in '21, good luck digging through pajeet scraps you poor faggot.

>> No.56863657

They are giving 9 million IQT to PRQ stakers. I staked roughly 500k tokens for 2 years. About 1% of the pool for the entire duration. I should be receiving 1% of the airdrop or 90k tokens.

IQT is currently trading at 80 cents. My airdrop will be worth more than my dogshit PRQ bag. Granted, IQT will probably collapse before the unlock. But it's still funny.

I don't know if I should sell my PRQ. What are the chances it can sustain a 200% pump overnight. Even if it is so "low". Probably going to bleed out back to 8 cents and I will want to kill myself again. But why so much volume. Target of a pump n dump group probably. Not some "insiders"

>> No.56863755

>>56863637
Read my posts, you retard

>> No.56863772

>>56863657
I staked 50k tokens in 2020 or 2021 or something and took a huge loss. I sold that shit at a loss and never looked back.

>> No.56863810

>>56863657
I'm staking 859K from the beginning. IQT airdrop is a bonus, but the main thing is REACT token swap. It can have bid potential.

>> No.56863821

>>56863051
Every coin with a max supply is a hedge against inflation you dumbass

>> No.56863908

>>56863810
How the fuck is it a bonus?

You are going to receive 100k USD worth of IQT

>> No.56864065

>>56863908
The prq is going to be worth millions once that happens

>> No.56864084

>>56864065
absolutely fucking delusional. This shit is undoubtedly going to back to 5 cents as a rank 1000 coin where it is lived in obscurity for the past 3 years.

>> No.56864114

>>56863821
That's not how it works. No reason to call people a "dumbass" that are trying to learn things. I can create a token in 5 minutes with a max supply of 1 and sell it to you for $1M and you will never get your money back.

The "hedge against inflation" narrative is trash. The only viable narrative is "hedge against financial system that you can't control.

BTC got its first major value spike in response to the Greek sovereign debt crisis where citizens were unable to withdraw more than $60 from their accounts per day. There have been many financial systems that have fallen apart since then and crypto offered a means of protecting wealth in these situations, one of the more recent ones was the Lebanese financial system that was a ponzi scheme, where again, people were offered an opportunity to withdraw 10% of their assets or nothing at all.

That being said, BTC is the only crypto that really serves this purpose. All other shitcoins at this point are just hoping to rebuild the existing broken financial system.

>> No.56864233

>>56863051
/thread

As a guilty pleasure I post stuff like this in Link threads and the cult has pretty funny meltdowns

>> No.56864269

>>56864233
Linkies are fucking exhausting at this point with their 5 paragraph essays about why they need a special token because of "cryptoeconomics" and they ALWAYS punctuate their argument with some blogpost by Vitalik Buterin. They are incapable of conceiving and articulating their own ideas.

>> No.56864500

I actually have high hopes for REACT
New chart and new launch during the bullrun it will almost certainly 10x at least

>> No.56864564

>>56862970
Why would I buy this other than "it'll moon in 2024". Everything will gigasend next year

>> No.56864898

Just bought more

https://i.4cdn.org/wsg/1701696564396245.webm

>> No.56866134
File: 55 KB, 500x638, 1535673498646.jpg [View same] [iqdb] [saucenao] [google]
56866134

We are heading upwards

>> No.56867852

>>56862970
why do they have three tokens?
wtf is IQT wtf is PRQ wtf is REACT??
when they dump their initial project they move onto to the next dump immediately, literal ponzinomics
are you niggers inbred or something ?
analtoy left to build on s(o)ylana LMFAO

>> No.56867887

>>56863441
and BTC was forked by centralized entity blockstream
congratulations, you are fedcoin
fucking retard

>> No.56868097
File: 1.41 MB, 1782x2391, 20231120_225022.jpg [View same] [iqdb] [saucenao] [google]
56868097

I have 1.6k PRQ , AMA

>> No.56868703
File: 234 KB, 400x400, 1698944056262688.png [View same] [iqdb] [saucenao] [google]
56868703

>>56868097
Whoah you are worth 160k eo next year!

>> No.56868719
File: 226 KB, 402x300, 7CDE38CC-A3FE-4188-8ADF-9AF118F6FFB2.png [View same] [iqdb] [saucenao] [google]
56868719

>>56862970
FUN did 50 for me, this time I expect at least 100

>> No.56868722

>>56868703
Wanna lend me money based on my future networth?