i am financially ruined

File: 2 KB, 311x162, images.png [View same] [iqdb] [saucenao] [google]

Anonymous Mon, Aug 12, 2024 11:57:58 No.58857099 [Reply] [Original]

i am financially ruined

>>	Anonymous Mon, Aug 12, 2024 12:02:30 No.58857106 File: 23 KB, 571x550, 72z8oe.jpg [View same] [iqdb] [saucenao] [google] >>58857099 good. Token inflation VC scams are even more worthless than memecoins

>>	Anonymous Mon, Aug 12, 2024 12:19:29 No.58857129 tiddlywinks

>>	Anonymous Mon, Aug 12, 2024 12:28:22 No.58857147 >>58857099 Yeah, I'm fuckin' cooked. It's over, this coin has robbed my future, it has sinehandedly destroyed my potential to own a home and have children, hence ending my genetic lineage, do not buy this fuckin' scam

>>	Anonymous Mon, Aug 12, 2024 12:39:41 No.58857163 File: 25 KB, 600x800, itsoverr.png [View same] [iqdb] [saucenao] [google] >>58857147

>>	Anonymous Mon, Aug 12, 2024 14:38:14 No.58857442 Me too, ruined

>>	Anonymous Mon, Aug 12, 2024 14:39:12 No.58857445 dead 2017 shit coin

>>	Anonymous Mon, Aug 12, 2024 14:40:05 No.58857449 >>58857099 So glad I went into cro and fun on time

>>	Anonymous Mon, Aug 12, 2024 14:42:35 No.58857462 you bought an infinately inflationary shitcoin, what did you expect

>>	Anonymous Mon, Aug 12, 2024 14:45:56 No.58857474 >>58857445 17? it got launched in 2020 faggot. also its a whole ecosystem, not a shitcoin

>>	Anonymous Mon, Aug 12, 2024 14:55:06 No.58857504 The worst part is I got suckered into thinking this was a legit coin

>>	Anonymous Mon, Aug 12, 2024 14:58:41 No.58857516 >>58857099 i dumped my dot a few months ago. the reality is icp does everything better, and even that shit can't pump. might as well buy solana and hope to get out before the vc's / ftx / devs rug you.

>>	Anonymous Mon, Aug 12, 2024 14:59:14 No.58857518 Wasn't doctor Wood supposed to be a genius? :( Polkadot is my biggest bag. I just need a pump to get rid of this.

>>	Anonymous Mon, Aug 12, 2024 15:02:50 No.58857531 >>58857518 I have a HUGE bag with an average price of 12 dollars. Total ruin

>>	Anonymous Mon, Aug 12, 2024 15:05:56 No.58857542 >>58857531 We just need a damn altcoin season. This project is too autistic for normies to get in like they did with Solana.

>>	Anonymous Mon, Aug 12, 2024 15:13:35 No.58857574 >>58857542 Didn't the inflation ruin it no matter what may come?

>>	Anonymous Mon, Aug 12, 2024 15:52:13 No.58857689 >>58857574 the inflation is not even bad compared to other coins.... dot will get its run, no worries

Anonymous Mon, Aug 12, 2024 15:57:05 No.58857703

>>58857099
Vitalik is the only reason Ethereum succeeded and all these grifters like Charles and Gavin will have their projects die a slow painful death as they dump on you. Parachains are already outdated and plenty of other projects just do it better.

>>	Anonymous Mon, Aug 12, 2024 19:12:26 No.58858305 >>58857099 You should have gone for any of fun or push protocol, even sui is pumping hard rn

>>	Anonymous Mon, Aug 12, 2024 19:13:55 No.58858312 >>58857099 It's really performing poorly, whats wrong with this shitcoin?

>>	Anonymous Mon, Aug 12, 2024 21:39:27 No.58858745 File: 53 KB, 1024x556, fet.png [View same] [iqdb] [saucenao] [google] >>58857099 Same Anon

>>	Anonymous Tue, Aug 13, 2024 00:14:02 No.58859120 >>58857703 >Parachains are already outdated and plenty of other projects just do it better. Name 3 projects that do it better and explain why and how

Anonymous Tue, Aug 13, 2024 00:17:49 No.58859129

>>58857147
glad I sold earlier to buy into SOL and DUA last year, which made over 15x and 10x gains, respectively. I'll reconsider at this point and ride SOL to $500 before selling. Sell if you can and consider other promising options. There's absolutely nothing here for wagecucks to gain on dot.

>>	Anonymous Tue, Aug 13, 2024 00:20:43 No.58859139 >>58859120 We all know no one gives a fk about this approach anymore, unlike before. If they want to get back on track, they need a better approach that can draw attention.

>>	Anonymous Tue, Aug 13, 2024 00:56:49 No.58859220 >>58859139 >We all know no one gives a fk about this approach anymore By approach you mean parachains?

>>	Anonymous Tue, Aug 13, 2024 00:58:06 No.58859223 >>58859220 Ah also tell me this. Do you even follow DOTs technical development? Do you know what Polkadot 2.0 or JAM (aka Polkadot 3.0) will even do?

>>	Anonymous Tue, Aug 13, 2024 03:30:43 No.58859515 Gold and btc dont do anything. Dont nobody care about what polkadot can or cant do

>>	Anonymous Tue, Aug 13, 2024 03:37:28 No.58859524 Sold 3k DOT at $60. Comfy.

>>	Anonymous Tue, Aug 13, 2024 03:52:08 No.58859542 https://wiki.polkadot.network/docs/learn-inflation Surely it will go up one day..........

>>	Anonymous Tue, Aug 13, 2024 05:02:43 No.58859641 >>58859220 yeah but it goes beyond that tho.

>>	Anonymous Tue, Aug 13, 2024 12:18:47 No.58860256 I can't express how ruined I am

>>	Anonymous Tue, Aug 13, 2024 14:35:50 No.58860667 >>58859641 I don't understand what you're trying to say.

>>	Anonymous Tue, Aug 13, 2024 14:42:13 No.58860690 >>58860667 neither does he

Anonymous Tue, Aug 13, 2024 14:49:55 No.58860721

>>58860690
Yea, I can imagine

>>58857574
I hope you guys understand that flexible inflation is underway. https://polkadot-fellows.github.io/RFCs/proposed/0089-flexible-inflation.html
https://x.com/Polkadot/status/1818604559536996494 "The Great Debate: Polkadot's Inflation"

The inflation is going from 10% to 5% (that's the general consensus right now, this can change, but it's basically a 100% that it's going to go down). Also, with the RFC89 you'll be able to adjust inflation through governance

>>	Anonymous Tue, Aug 13, 2024 15:06:36 No.58860800 File: 65 KB, 612x627, 1723561579962.jpg [View same] [iqdb] [saucenao] [google] >>58857099 Ghost chain

>>	Anonymous Tue, Aug 13, 2024 15:08:10 No.58860813 >>58860800 It's a chain in the ass, hence the logo.

>>	Anonymous Tue, Aug 13, 2024 15:12:18 No.58860832 >>58860800 Those stats are 100% false. https://dashboards.data.paritytech.io/parachains.html Oh god people, you're so misinformed it actually hurts me

>>	Anonymous Tue, Aug 13, 2024 15:43:30 No.58860945 >>58860721 too little too late probably,what a tragedy, should have never invested in anything in my life. everything fails

>>	Anonymous Tue, Aug 13, 2024 15:47:18 No.58860961 >>58860945 >too little too late probably >probably

>>	Anonymous Tue, Aug 13, 2024 15:48:52 No.58860965 >>58860961 yeah

Anonymous Tue, Aug 13, 2024 15:53:25 No.58860978

>>58860965
>too little too late
What about Polkadot 2.0 (faster, cheaper (than Solana) AND DECENTRALISED transactions + the parachain model gets removed + core time sales get burned (https://polkadot-fellows.github.io/RFCs/approved/0010-burn-coretime-revenue.html)))) + decrease in inflation + flexible unbonding / unstaking (https://polkadot-fellows.github.io/RFCs/approved/0097-unbonding_queue.html)) + Polkadot 3.0 (JAM is coming out)

>>	Anonymous Tue, Aug 13, 2024 15:57:41 No.58860995 >>58860978 none of that mattes, bitcoin and gold don't do jack shit don't nobody cares about all this tech

Anonymous Tue, Aug 13, 2024 15:58:26 No.58860997
File: 20 KB, 300x229, hooky.jpg [View same] [iqdb] [saucenao] [google]

>>58857099
Bagholding this shitcoin in 2022 taught me a valuable lesson in 2022: never be a techcel. Superior tech literally doesn't matter, nothing matters, everything is a scam. The only thing that matters is if it is centralized and controlled by jews so they make it moon(ie Solana) or if it is a low cap whale degen backed shitcoin scam. Your goal is to just jump off the hook before you get to the boat.
>pic related

>>	Anonymous Tue, Aug 13, 2024 16:00:29 No.58861004 >>58860965 Even as it currently stands Polkadot is faster and cheaper than Solana. >>58860995 Tell me more about that

>>	Anonymous Tue, Aug 13, 2024 16:30:52 No.58861094 >>58861004 What's the best project running on Polkadot ?

>>	Anonymous Tue, Aug 13, 2024 16:31:36 No.58861097 >>58861094 define "best"

>>	Anonymous Tue, Aug 13, 2024 16:36:23 No.58861110 >>58861097 For instance : Most retail users, most enterprise users, provably solves real world problems, maybe multiple use cases. What's the best project by one or more of those or similar metrics ?

>>	Anonymous Tue, Aug 13, 2024 17:11:47 No.58861218 >>58857099 this coin is retarded, why would anyone "invest" in this piece of shit when actual good shiiiiiet exists

Anonymous Tue, Aug 13, 2024 17:13:18 No.58861225

>>58861094
>Error: Our system thinks your post is spam. Please reformat and try again.

Neuroweb (Formerly OriginTrail (they still have OriginTrail on ETH while also being on Polkadot parachain) - They're basically a knowledge graph just like The Graph (GRT), they're an indexer. I think they also do something related to AI, but I'm not 100%.
Bifrost - A DEX. They also have liquid staking and you can crowdloan parachains through them and get a liquid crowdloan token (you can use this in a LP instead of it being locked up for 2y)
HydrationDX - A DEX.
Moonbeam - An ETH EVM. It's basically a cheaper, faster and more compatible version of ETH itself.
Mythos - Read this https://polkadot.com/newsroom/press-releases/polkadot-and-mythical-games
peaq - DePIN network
Interlay - DEX with the FIRST and ONLY wrapped BTC that is non-custodial (Imagine WBTC but non-custodial)
Phala - TEE based off-chain compute network
KILT - Decentralized identity. Is working with Deloitte (https://www.deloitte.com/global/en.html - https://x.com/Kiltprotocol/status/1722633899086340123))))

The TVL - https://defillama.com/chains/Parachain, some parachains are not present or the TVL is not correct. Take Bifrost for example, it shows a TVL of 8.16m but if you click on it https://defillama.com/chain/Bifrost you'll notice that their liquid staking doesn't count.
Look them up here: https://parachains.info/
Some stats here: https://dashboards.data.paritytech.io/parachains.html

The biggest issues that Polkadot currently faces is the inflation which is getting fixed with https://polkadot-fellows.github.io/RFCs/proposed/0089-flexible-inflation.html, the long unbonding queue (28 days) which is getting fixed with https://polkadot-fellows.github.io/RFCs/approved/0097-unbonding_queue.html and the fact that you need to lease a 2y long lease time for parachains which is getting fixed by DOT 2.0 (by agile coretime + elastic scaling). All the big issues that people have are getting fixed

Anonymous Tue, Aug 13, 2024 17:17:04 No.58861237

>>58861225
>the long unbonding queue (28 days)
After RFC97 the unstaking / unboding queue could go as low as 2 days. So imagine being able to unstake in only 2 days

After RFC89 you'll be able to change certain inflation parameters through governance, but a short term solution is being built before the RFC89 will go live which will make it so that you'll be able to change the inflation, but not all the parameters of the inflation itself. Also the inflation formula will be made easier removing some variables that confused people.

You can find out more about the changes in the OpenCalls that can be found here: https://www.youtube.com/watch?v=oWppBMrgU7M&list=PLtyd7v_I7PGlDJCCCLGLjJ0yv33JAEE_-&index=1 . They make an OpenCall every month and talk about the progress / changes

Anonymous Tue, Aug 13, 2024 17:24:56 No.58861264

>>58861225
>>58861237
After>>58861225
>the fact that you need to lease a 2y long lease time for parachains which is getting fixed by DOT 2.0 (by agile coretime + elastic scaling)
After DOT 2.0 Polkadot will be like ETH where anyone will be able to just deploy their crap and you'll literally just buy coretime on demand. You need to understand that Polkadot is a rollup hub, every parachain is a rollup, if you compare the cost of running let's say Polygon compared to any parachain on DOT you'll notice it's a fraction of the cost. And the cost will go even lower when DOT 2.0 comes and DOT 3.0 (JAM).
We also need to understand that DOT will be soon able to execute stuff on other chains for a really really low cost

Anonymous Tue, Aug 13, 2024 17:29:04 No.58861278

>>58861225
>>58861237
>>58861264
If you want to know the future of DOT, take a good look at whats happening in ATOM, each chain spawned cant accrue value and suffers from liquidity fatigue, the end result is the death spiral of the ecosystem. None of these chains should even exist they shouldnt even be L1s they should just be L2/L3s. There is only one real web3 project and L0 and its neither of these garbage shitcoins.

Anonymous Tue, Aug 13, 2024 17:37:01 No.58861302

>>58861264
>We also need to understand that DOT will be soon able to execute stuff on other chains for a really really low cost
I think this is called XCQ (Cross-Consensus Query Language)
https://forum.polkadot.network/t/cross-consensus-query-language-xcq/7583

>>58861278
I'm not really that familiar with ATOM on a technical level but I at least know that if you look at the arhitecture of Cosmos you'll see that you have a hub model with INDEPENDENT BLOCKCHAINS whereas polkadot has a relay chain with INTERCONNECTED CHAINS, while DOTs governance is also superior, DOT will be able to execute arbitrary operations on other chains outside of DOT and I'm pretty sure there's more stuff that makes DOT much superior to ATOM. Also if you take into account DOT 2.0 + RFC97 + RFC89, that in it of itself is enough to say that Cosmos is worse than Polkadot. Cosmos doesn't have the core model (like DOT 2.0) that'll enable parachains to be able to run on multiple cores at the same time therefore being able to scale. Cosmos doesn't have a dynamic unbonding queue where you can unstake ATOM in 2 days.

I don't think that ATOM is the same as DOT.

>each chain spawned cant accrue value and suffers from liquidity fatigue
Because the chains aren't interconnected as there are in DOT with XCMP

Anonymous Tue, Aug 13, 2024 17:45:08 No.58861334

>>58861278
Ah, another thing I forgot to mention. If I'm not mistaken a big problem with Cosmos is that you can't use ATOM in any of the chains built on top of Cosmos in order to pay tx fees whereas in Polkadot you can use DOT on any parachain to pay for tx fees and you can also use the native coin itself. So if we take Moonbeam for instance, Moonbeams native coin is GLMR, you can use DOT or GLMR to pay of tx fees on Moonbeam, same principle applies to any other parachain.

This is a big issue for Cosmos

Anonymous Tue, Aug 13, 2024 17:56:03 No.58861367

Guys, to be honest, I just really, really believe that DOT is misunderstood and that the only thing people see is "MUH HIGH INFLATION" and that 99% of the people who shit talk it don't really understand what it offers. That's just my opinion.
All in all DOT 2.0 + RFC97 + RFC89 will literally fix all of the concerns. Parachains will be gone, inflation will probably go down by 50%, the unstaking queue will be as low as 2 days and the biggest it'll be able to get is 28 days. On top of that you have a few other features that I've already mentioned like being able to execute actions on other chains with a different consesus (ETH, BNB, XRP, ADA, TRX, SOL), while also being able to query the result, while it being cost effective.
If you just think about why Solana is even "good" this bull run you'll be able to notice that because people literally made over 1m memecoins on it and that's the only viability that it has. After the DOT2 upgrade you'll be able to make memecoins on Polkadot and they'll be cheaper with faster tx while being decentralized (no outages like Solana) therefore even if "MAH TECH DOESN'T MATTER" it still does because better tech = memecoins and memecoins = money. Think about it, really think, THE ONLY REASON WHY SOLANA IS DOING WELL IS BECAUSE OF LITERALLY 1M MEMECOINS, BECAUSE IT'S THE CHEAPEST CHAIN TO LAUNCH A MEMECOIN. And when I say 1 million meme coin I literally mean 1 million, there were some statistics about this and yes, people actually made 1 million meme coins on Solana. But again, the meme coin hype is basically dead to be honest, from now on there won't be new 1 million meme coins on Crapana, the hype is over, next bull run there won't even be any meme coin hype, sooner or later all the memes will die and sound tech will prevail.

Anonymous Tue, Aug 13, 2024 18:01:08 No.58861385

>>58861225

>Neuroweb (Formerly OriginTrail (they still have OriginTrail on ETH while also being on Polkadot parachain) - They're basically a knowledge graph just like The Graph (GRT), they're an indexer. I think they also >do something related to AI, but I'm not 100%.
Ok, heard the name quite often, have to check it out again. I don't like rebrandings, though, many project gone through a name swap recently. Why ? Seems desperate.

>Bifrost - A DEX. They also have liquid staking and you can crowdloan parachains through them and get a liquid crowdloan token (you can use this in a LP instead of it being locked up for 2y)

I like the name, but never used it. It's been along for quite a while, why did I never use it ?

>HydrationDX - A DEX.

I use it and it is a very good experience, I don't know, why it got such a relatively low volume compared to gaydium for instance.

>Moonbeam - An ETH EVM. It's basically a cheaper, faster and more compatible version of ETH itself.

I honestly think it is dead, Snowbridge and Hyperbridge are the new talk of the town, init ?

>Mythos - Read this https://polkadot.com/newsroom/press-releases/polkadot-and-mythical-games

Sounds good, I'm not into gaming anymore, but this looks legit.

>peaq - DePIN network

Yeah, it is pretty hyped up, but isn't it cross chain ? Also I don't understand, why for instance Nodle has its own parachain and still is considered to be part of PEAQ.

>Interlay - DEX with the FIRST and ONLY wrapped BTC that is non-custodial (Imagine WBTC but non-custodial)

Never really heard that much about it, have to check it out.

Anonymous Tue, Aug 13, 2024 18:02:11 No.58861386

>>58861225

>Phala - TEE based off-chain compute network

Yeah it is a good project, still it is on 2020 PA levels, which is quite telling if you compare it to Monero or something.

>KILT - Decentralized identity. Is working with Deloitte

Good project with promising partnerships, but the tokenomics were kinda fucked up because of public and private presales, maybe it can have a fresh start now, that the presalers are gone.

Anyhow, all of those projects lack (normie) users. KILT got a few enterprise users apparently and HDX has retail, but nothing on the level of gaydium, so THAT has to change urgently. Gaydium is probably propped up with artificial volume, but at least that can be seen as a stress test.

>>	Anonymous Tue, Aug 13, 2024 18:11:03 No.58861412 >>58858305 I love push's integration with various dApps, making them send notifications directly to user wallets >sui still wondering what caused the sudden spike

Anonymous Tue, Aug 13, 2024 18:12:59 No.58861420

>>58861385
>Ok, heard the name quite often, have to check it out again. I don't like rebrandings, though, many project gone through a name swap recently. Why ? Seems desperate.
I think it was a governance decision to rebrand. I also think that the project is getting a lot of integrations to be honest

>I like the name, but never used it. It's been along for quite a while, why did I never use it ?
I use it to stake my DOT, it gives you a lot more than just staking through someone else. If you have 1000 DOT you put like half of it (it's not actually 50%, you need to check this before you do this) in vDOT (liquid staking DOT) and then you put DOT and vDOT into the BLM liquidity pool and you get a lot more than just staking DOT anywhere else, I keep getting BNC (the native bifrost token) on top of BLM/DOT-vDOT rewards on top of vDOT rewards. I'm probably making like 2-4x as much as I would normally do

>I honestly think it is dead, Snowbridge and Hyperbridge are the new talk of the town, init ?
True and false, moonbeam is still one of the biggest chains (https://dashboards.data.paritytech.io/parachains.html)), but yes, snowbridge and hyperbridge are nice.

>Sounds good, I'm not into gaming anymore, but this looks legit.
Yep, they have a lot of active users for a blockchain based game. https://dashboards.data.paritytech.io/parachains.html Change "periodicity" from monthly to daily and look at number of transactions, do you see the spike to 3.3m tx/day, that's the launch of mythos.

>Yeah, it is pretty hyped up, but isn't it cross chain ? Also I don't understand, why for instance Nodle has its own parachain and still is considered to be part of PEAQ.
Not sure to be honest

>Never really heard that much about it, have to check it out.
Best way to wrap you BTC to be honest, all the other wrapped BTCs are custodial, this is the first solution which isn't custodial

Anonymous Tue, Aug 13, 2024 18:18:18 No.58861433

>>58861386
>Yeah it is a good project, still it is on 2020 PA levels, which is quite telling if you compare it to Monero or something.
You're comparing apples and oranges. Monero is a privacy coin which can do private transactions. Phala is a TEE enabled off-chain compute network, it can execute arbitrary computations like AI algos or LLMs or any other computation while it's all private because the computation is done inside a TEE.

>Good project with promising partnerships, but the tokenomics were kinda fucked up because of public and private presales, maybe it can have a fresh start now, that the presalers are gone. Anyhow, all of those projects lack (normie) users. KILT got a few enterprise users apparently and HDX has retail, but nothing on the level of gaydium, so THAT has to change urgently. Gaydium is probably propped up with artificial volume, but at least that can be seen as a stress test.

Raydium and Solana are big because of the reasons I pointed out in >>58861367. Polkadot is better than Solana, we just need DOT 2.0 to hit and then stuff will start to change slowly but surely. Solanas ecosystem is way bigger because you can easily pay a smart contract deployment and your project is up and running with DOT you need to buy a 2y long slot lease which is way more overhead that meme coins need or want. DOT 2.0 fixes this and people will be able to make meme coins, they're already able to do so like DOTisDED (https://medium.com/dragonstake/meme-coins-on-polkadot-what-are-they-and-which-ones-exist-25f0502bb785)), but there's a lot more to know and do if you want a meme coin on DOT

Anonymous Tue, Aug 13, 2024 18:34:00 No.58861495

>>58860997
>Superior tech literally doesn't matter, nothing matters, everything is a scam.
To assume that good crypto tech should automatically lead to a high valuation is an infantile retail crypto bro view.
A token ultimately needs demand to justify any valuation at all. Even at the current price Polkadot is probably still overvalued by something like 100x or more because there are thousands of lemmings like you who read some roadmap and say "tech seems to check out" to make a buying decision.
If some other speculative shitcoin did better than the Polkadot shitcoin then it's probably overvalued by 50x instead of 100x. Both buyers are fools in the long run because there isn't any fundamental justification for these valuations.
This also applies to ETH which doesn't have any real drivers of demand as it used to in the past, and people wonder why it bleeds against BTC.

>>	Anonymous Tue, Aug 13, 2024 19:12:03 No.58861632 >>58861495 >A token ultimately needs demand to justify any valuation at all What drives demand?

Anonymous Tue, Aug 13, 2024 19:29:02 No.58861694

>>58861632
There are very few good examples because this whole space is massively speculative. I like the historical ETH use cases. 2017 saw thousands of ICOs flood the market. To participate in these ICOs you had to buy ETH and send it to a smart contract. That was very real demand for ETH which also pumped its price. More recently extreme gas prices increased its use as a gas token, and the PoS scheme drove some demand as well - especially during the one-way ETH2 beacon chain lockup.
Coins like Polkadot have some claimed, promised or anticipated use, but these are so speculative and inaccessible to any real analysis that these coins are bought just because they sound interesting. I don't need to know anything about Polkadot to assume that it is probably priced 100x above any reasonable assumptions of future uses for this platform.
To use good tech to justify a purchase is wrong because you're not buying a tech stock. The token also needs a clear use case, that use case needs to have a credible impact on the price, and there must be strong demand for that use case and its implementation using the token. To have all 3 in crypto is nearly unheard of, and even if they're all present it will still be overvalued by some huge factor.

Anonymous Tue, Aug 13, 2024 19:35:05 No.58861721

>>58861694
>I like the historical ETH use cases. 2017 saw thousands of ICOs flood the market.
What was an ICO in 2017? Was it not new tech?

>More recently extreme gas prices increased its use as a gas token
https://etherscan.io/ The gas price is below 10 all the time, it's at 1.541 gwei right now.

>To use good tech to justify a purchase is wrong because you're not buying a tech stock. The token also needs a clear use case, that use case needs to have a credible impact on the price, and there must be strong demand for that use case and its implementation using the token. To have all 3 in crypto is nearly unheard of, and even if they're all present it will still be overvalued by some huge factor.
People said the same thing in the 90s about tech stocks yet. People buy stuff that'll make tons of money in the future because it's good tech. The "speculation" is literally you buying new tech

Anonymous Tue, Aug 13, 2024 19:39:15 No.58861734

>>58861721
>>I like the historical ETH use cases. 2017 saw thousands of ICOs flood the market.
>What was an ICO in 2017? Was it not new tech?
Like didn't people literally buy ICOs because it was new and good tech and that's what literally drove demand. I'm confused how people say "Tech doesn't drive demand" but then it literally does every single time if you just think about it. What drove the demand into tech stonks? Wasn't it the new tech?

Anonymous Tue, Aug 13, 2024 20:17:52 No.58861850

>>58861694
I'm genuinely curious how you'll explain that on one hand "tech doesn't drive demand" and on the other hand "ICOs drove demand" while insisting that tech doesn't drive demand whereas ICOs literally drove demand due to their new and better tech.

Same applies to BTC, Bitcoin was new and better tech therefore it drove demand, then ETH came along with his new and better smart contracts which drove demand, because we had smart contract we were able to make ICOs which were again new and better tech which drove demand. How can you say that "New and better tech doesn't drive demand" when that's mostly what drives demand, it's not all of it, true. Look at stuff like Bitconnect, the demand was driven by empty promises and a hype train, but that didn't last long now did it? Bitcoin was around when Bitconnect was around, yet because BTCs fundamentals are good and new tech it stayed and because Bitconnects fundamentals are empty promises and hype trains it didn't. NFTs drove demand because they are new and better tech while being combined with a massive hype train.

Anonymous Tue, Aug 13, 2024 20:38:42 No.58861920
File: 131 KB, 1314x800, image.png [View same] [iqdb] [saucenao] [google]

Also if we want to insist on the demand side of things then you guys need to remember that Polkadot Pay is coming out in September which will allow you to pay with your DOT at over 1 million of the most well known companies and vendors around the world. https://www.youtube.com/watch?v=k8lu-kXmZV8
Also core agile coretime comes out either in August or September, if I remember correctly it's scheduled for August, but I'm not a 100% on that.
But we always need to remember that BTC decides in which direction we move, until we don't break the descending channel on BTC it literally doesn't matter. So until we break out of picrelated DOTs price action doesn't matter at all

>>	Anonymous Tue, Aug 13, 2024 20:39:50 No.58861924 >>58857474 An entire ecosystem of absolute dogshit nobody needs or wants, enjoy no new ath ever again

>>	Anonymous Tue, Aug 13, 2024 20:48:14 No.58861953 >>58861920 You'll also be able to have a credit card with DOT on it which you'll be able to use ANYWHERE where mastercard is supported https://youtu.be/k8lu-kXmZV8?t=505

Anonymous Tue, Aug 13, 2024 21:19:35 No.58862037

>>58861850
I was away watching netflix with my grill.
"Tech drives demand" is a very generic statement that doesn't help a lot.
>buy ICOs because it was new and good tech
Most ICOs failed and were later seen as scams or as projects that failed to live up to the promise. They were indeed bought because people thought there was good tech being built here, which is precisely the same speculative pattern we see in Polkadot. But these ICOs have also been bleeding to zero against BTC for years, so they arguably support the idea that cool tech doesn't cut it in the long run if you don't have a credible use for the token real demand and customers willing to pay for it.
My point regarding this ICO concept is that ETH was used as investment currency, so billions in ETH had to be bought to invest in those ICOs. Ethereum smart contracts were indeed new tech as well, but while you were right to invest in ETH before the ICO hype (or the DeFi hype) you'd have been wrong approximately 100 out of 100 times to invest in an ICO project.
>Polkadot Pay ... pay with your DOT
>core agile coretime
Highly unlikely to justify the valuation IMO. Every coin have some claimed or anticipated use cases, but buyers of that coin tend to massively overstate the significance of those use cases.

>>	Anonymous Tue, Aug 13, 2024 21:24:04 No.58862046 the price will never recover unless they address the inflationary pressure from staking

Anonymous Tue, Aug 13, 2024 21:38:51 No.58862090

All alts minus sol have been bleeding. By the sentiment in this thread I'm guessing the alt season might start soon, maybe one last serious capitulation. Remember that in the height of the bullrun everything will pump, people moving money out of btc, eth, sol into other alts.

>>	Anonymous Tue, Aug 13, 2024 21:40:41 No.58862094 >>58861953 Another stupid worthless gimmick that nobody asked for, nobody will use, and will do nothing for investors

Anonymous Tue, Aug 13, 2024 21:47:57 No.58862115

>>58861953
>To the community’s surprise, Polkadot spent $37 million solely on promotions, which made up the majority of the treasury’s expenditures. The advertising costs included $21 million for sponsorships, $10 million for marketing and PR companies, $4 million for digital advertising, and $790,000 for event expenses, which included $450,000 for event spending, $390,000 for business development, and $320,000 for media production.
>24 posts by this ID
Nice to see $37 million being spent wisely by shilling on /biz/ and not on more important matters to improve the blockchain.

Anonymous Tue, Aug 13, 2024 22:16:57 No.58862185
File: 23 KB, 334x308, 1686455822104.jpg [View same] [iqdb] [saucenao] [google]

>>58857099
I remember selling and then regretting not holding out a little longer, I dodged a fucking bullet, it's ironic that even playing things like legion on gravity labs was more useful and profitable in the long run than that

Anonymous Tue, Aug 13, 2024 22:31:28 No.58862240

>>58862046
>the price will never recover unless they address the inflationary pressure from staking
/facepalm, read the thread

>>58861367
>Guys, to be honest, I just really, really believe that DOT is misunderstood and that the only thing people see is "MUH HIGH INFLATION" and that 99% of the people who shit talk it don't really understand what it offers.
This is literally you

>https://polkadot-fellows.github.io/RFCs/proposed/0089-flexible-inflation.html

>>58862090
Exactly

>>58862094
cryptoCURRENCY, DOT will literally be a currency since you'll be able to use it as one. Also all the transactions from buying stuff with your debit card will go through DOT, is that not something EVERYONE is asking for?

>Nice to see $37 million being spent wisely by shilling on /biz/
You do understand that all of those expenditures were voted on by the governance? And that literally all of the technical development is already paid for?

>and not on more important matters to improve the blockchain.
Again, the technical development is literally mostly paid for, they can't make it go any faster. DOT 2.0 is being developed and so is DOT 3.0 (JAM), what more do you want? DOT 4.0 being developed before even DOT 2.0 is pushed out?

>Highly unlikely to justify the valuation IMO. Every coin have some claimed or anticipated use cases, but buyers of that coin tend to massively overstate the significance of those use cases.
Well if you look at this comment section people are mostly upset by the high inflation which is getting reduced and the fact that DOT has a parachain model which is getting fixed and that "MAH GHOSTCHAIN" which will again be partially fixed by the debit cards. The point is that it's not a move in the wrong direction, but in the right one. Every step towards the right direction is a step closer to a justified valuation.

Anonymous Tue, Aug 13, 2024 22:54:32 No.58862289

>>58862037
>Highly unlikely to justify the valuation IMO
Ok, let's get real here for a moment. What in your opinion would justify the valuation? What specific thing? And don't say demand, that's too abstract. It's like, you keep talking about justifying the valuation but when I point out the upgrades you're like "This doesn't justify it". Ok, sure, I accept that, but what would? I thought that taking 1 step at a time is the way to go, but apparently we need to just teleport ourselves to the top of the mountain or what? What does Polkadot need to do to, in your opinion, justify the valuation?

Anonymous Tue, Aug 13, 2024 23:05:45 No.58862317

>>58862289
So what kind of upgrades would need to get implemented for you to be able to say "This justifies the valuation?". You can say whatever upgrade you want and you can say how many upgrades you want. You can say "If DOT had A, B, C, D, E, F, G, H, ... , Z upgrade then it would justify the valuation" and I know the assumption I'm making is inherently false from your perspective, since your perspective is that no matter what the upgrade is or isn't that doesn't matter? Correct? So what you're essentially saying is that people are dumb and that they're irrational and that they don't like nice things and therefore it completely doesn't matter if we get another 10k upgrades and make it the best system that'll ever exist because people are stupid and it just doesn't matter? Correct? What do you think?

Anonymous Wed, Aug 14, 2024 00:12:49 No.58862460

>>58862289
>>58862317
I can't think of anything that would make Polkadot worth nearly $7 billion. Why do you think these upcoming use cases do? Paying with DOT seems like something only nerds that already hold DOT would do. And such a system would exchange DOT for real currency.

It's interesting that you refer to these upcoming things instead of promoting existing uses of Polkadot to justify its valuation. This is very typical in crypto. You can never really explain why some speculative valuation is justified using things that already exist. It''s always hopium for upcoming releases to save the day.

If this were something like a tech startup, we could argue something like it needs to earn $700 million in real customer money that buy the products per year, it needs to grow at a certain rate like say 40% year over year, and only then can we expect a public valuation of $7 billion.

In the case of projects like Polkadot there are usually barely any real customers that need the technology, they spend barely any money on the token, but instead the token is bought by crypto speculators who hope it will go up some day but they can't explain why that should happen. In addition, projects have things like inflation to pull new tokens out of thin air.

Both things cannot sustain high valuations indefinitely. If there are no real customers buying then speculators will realize eventually that they just need new speculators to buy in, and the amount of speculators you can pull into a project is limited. Likewise, self-referential inflation schemes cannot create value out of nothing indefinitely.

I'm not saying people are stupid but that buying a project "for the tech" is really a speculative reason to buy because there is no reason to assume that good tech will lead to a long term high valuation if there's no use and no need for the token to justify it.

Anonymous Wed, Aug 14, 2024 00:25:03 No.58862477

>>58862460
>I can't think of anything that would make Polkadot worth nearly $7 billion.
So what I hear you say is that not a single project is worth it's valuation because if you can't come up with an upgrade to make Polkadots valuation justified then it literally doesn't exist on any other project in the whole space, because projects other then DOT have higher valuations

>You can never really explain why some speculative valuation is justified using things that already exist. It''s always hopium for upcoming releases to save the day.
I can to myself, not to you. You see that's your claim and your PoV. Your PoV is that Polkadot in it's current for isn't good enough, so that's why I start talking about the future upgrades. I know why it's worth 7B$ but explaining my PoV wont' change yours, so why bother?

>If this were something like a tech startup, we could argue something like it needs to earn $700 million in real customer money that buy the products per year, it needs to grow at a certain rate like say 40% year over year, and only then can we expect a public valuation of $7 billion.
Well we could argue that the same argument was made 40 years ago in the 90s for tech stonks. "If this were something like a coal mine startup, we could argue something like it needs to earn $700 million in real customer money that buy the materials per year, it needs to grow at a certain rate like say 40% year over year, and only then can we expect a public valuation of $7 billion". Tech stonks had a bigger valuation due to the new tech they provided, so does crypto, it's normal.

>Both things cannot sustain high valuations indefinitely. If there are no real customers buying then speculators will realize eventually that they just need new speculators to buy in, and the amount of speculators you can pull into a project is limited. Likewise, self-referential inflation schemes cannot create value out of nothing indefinitely.
Ever heard of gold or silver?

Anonymous Wed, Aug 14, 2024 00:28:05 No.58862483

>>58862460
>I'm not saying people are stupid but that buying a project "for the tech" is really a speculative reason to buy because there is no reason to assume that good tech will lead to a long term high valuation if there's no use and no need for the token to justify it.
So what are you saying is that people are smart and at the same time those smart people buy stuff "for the tech" while not realizing that "then speculators will realize eventually that they just need new speculators to buy in, and the amount of speculators you can pull into a project is limited"

So again
>I can't think of anything that would make Polkadot worth nearly $7 billion.
Do you think BTC deserves a valuation of 1.2trillion or ETH of 324B$?

Anonymous Wed, Aug 14, 2024 00:31:10 No.58862494

Just to clarify I think that the current tech of DOT justifies the 7B$ valuation and so does ETHs tech the valuations of 324B$ and so does BTCs tech the valuation of 1.2T$. To me it does and I myself get it and that's why I'm listing the future upgrades to you, since you don't CURRENTLY think the valuation is valid based on CURRENT tech.

Anonymous Wed, Aug 14, 2024 00:34:17 No.58862501

>>58862477
>Tech stonks had a bigger valuation due to the new tech they provided, so does crypto, it's normal.
That tech leads to real products that have to generate revenue. While there have been many stock bubbles, companies are eventually measured in terms of the revenue they generate. How much Polkadot are real users (not crypto speculators) of this tech buying per year? Is it even $7m?
>>58862477
>Ever heard of gold or silver?
Gold and silver became established as global financial instrument because they had certain unique properties that made them suitable as such. They kept their high valuation because a broad societal consensus and a large body of history ensured that there were many buyers who valued them as a medium of exchange and store of value.
There is no reason some random shitcoin like Polkadot should go through the same process. But Bitcoin might.

Anonymous Wed, Aug 14, 2024 00:41:48 No.58862518
File: 716 KB, 1917x2315, Table_01__1_.jpg [View same] [iqdb] [saucenao] [google]

>>58862501
>That tech leads to real products that have to generate revenue. While there have been many stock bubbles, companies are eventually measured in terms of the revenue they generate. How much Polkadot are real users (not crypto speculators) of this tech buying per year? Is it even $7m?
Crypto is a financial product in itself, isn't it? Let's take Blackrock for example, does Blackrock generate any value or products? Why is their valuation so high if nothing is being produced? Because the financial market is worth something, optimizing money is worth a lot. The optimization is the literal product isn't it?

>Gold and silver became established as global financial instrument because they had certain unique properties that made them suitable as such
pic related

>They kept their high valuation because a broad societal consensus and a large body of history ensured that there were many buyers who valued them as a medium of exchange and store of value. There is no reason some random shitcoin like Polkadot should go through the same process. But Bitcoin might.
True, I was comparing apples and oranges there for a moment, but DOT is currently the ONLY crypto that's faster and cheaper than Solana while being decentralized. The only thing that is missing is you being able to deploy a smart contract on it for cheap like Solana and that's going to get fixed and then you'll be able to spawn in 1m memecoins just like Solana did (not that that's a use case, it's just why Solana is doing ok-ish and isn't dead). I'm very sure DOT will be used by major companies because of this cheap+decentralized+fast while being interconnected to other chains easily (no other chain can connect to another chain that easily, they're all lonely islands, Polkadot is the exception)

Anonymous Wed, Aug 14, 2024 00:44:15 No.58862525

>>58862483
>Do you think BTC deserves a valuation of 1.2trillion
Bitcoin has been seen as digital gold since 2017. It keeps solidifying as such. There is a use for an asset like this and it will likely eat into things gold for various reasons, such as its benefits in terms of supply, storage and transport, as well as a preference for crypto from the young generations. Bitcoin may end up being the only major success of crypto and its valuation is most likely to be justified.
>ETH
No. With ICOs, DeFi hype, ETH2 staking hype, gas price boom gone it seems the price drivers for ETH are quite limited. Staking returns are quite poor for such a high risk asset.
ETH holders cannot explain why a good blockchain platform should automatically lead to a high price for the ETH token. They just hope that speculators will buy the ETF to pump it. Some speculators are doing so, but it seems doubtful that this should justify a $300b valuation.
At the end of the day ETH is just a vibrant shitcoin platform, with many monstrosities like the L2 ecosystem. Corporate adoption never really came, and even if it did, it's not clear it would lead to ETH demand.

Anonymous Wed, Aug 14, 2024 00:54:55 No.58862553

>>58862525
>ETH holders cannot explain why a good blockchain platform should automatically lead to a high price for the ETH token
Ever thought about computations being a valuable resource?

Do you really believe that any of the major tech companies valuations are justifiable? Don't you realize that it's all proped up by speculation? Nvidia, Google, Amazon... None of these companies valuations are justified therefore all of them are, people speculate and that normal and saying that speculation isn't justified is weird in a sense.

>Crypto is a financial product in itself, isn't it? Let's take Blackrock for example, does Blackrock generate any value or products? Why is their valuation so high if nothing is being produced? Because the financial market is worth something, optimizing money is worth a lot. The optimization is the literal product isn't it?
You didn't explain to me how investment banks have such high valuations without having any products to sell, got you there didn't I? It's literally just people transfering money and speculating aren't they? You do realize that these people will literally pump your bag into infinity because there will always be people speculating and that's just how the market is. You can say "justify this justify that" but in reality dumb shit is justifiable because people like to speculate and that's just the way of the world. You don't always need a product, hell BTC is more of a product then the BlackRock stock ever will be. Is the 127B$ valuation of a single american company that literally does nothing but speculate justified? Remember BlackRock will never have a product, other than a financial one and it only works in America, not outside of it whereas ETH, BTC and DOT work anywhere and they have their own financial and non-financial products that have NO RESTRICTIONS to anyone and everyone can use it, while it doesn't have any hurdles in the form of paper. Isn't that a huge deal? Financial optimization?

Anonymous Wed, Aug 14, 2024 01:04:49 No.58862583

>>58862553
>Ever thought about computations being a valuable resource?
Demand for ETH transaction L1 transactions is way down.
>Don't you realize that it's all proped up by speculation?
The difference is that those, while likely overvalued, have a foundation of tangible value and products that are bought by real customers. Polkadot is much closer to 100% speculation with no real value being generated.
>You didn't explain to me how investment banks have such high valuations without having any products to sell, got you there didn't I?
Your nonsensical comparisons are all over the place and I'm getting tired of responding to them.
BlackRock offers products and services. Like every other real business (unlike crypto projects) they can be measured in terms of metrics like revenue. Google says their revenue is $18 billion. and a market cap of $126 billion. That's about 10x.
Whatever they're doing, there are paying customers buying it. Are any real users buying significant amounts of Polkadot?

Anonymous Wed, Aug 14, 2024 01:06:37 No.58862587

The value of blockchains lies within them being fair and transparent for everyone. You need to realize that companies like Google, Nvidia and Amazon are unfair and un-trasparent and therefore anything that goes against that will have big valuations, because it's about the principle of it being fair, because in todays world fair is hard to get, it's so hard to get that it's valuable, because we all want fair and we all want to trust that it's fair, trust is scarce and because trust is scarce it's highly valued. Wouldn't you agree that trust is hard to find and therefore it's valued as such? Blockchains solve trust, that0s literally the solution to distrust. They solve unfairness, a Russian and an American citizen can both use the same application without paperwork while fully trusting it will be fair for both of them, it sounds ridiculous but it's literally true. When has there ever been a system as good as this? There hasn't been, therefore the value is inherently fair and justified, because it brings us trust on a level never seen before.

Even if I take myself for example, I was able to borrow 80k$ the last bull run on Compound whereas if I went to a bank no one would've given me said money, blockchain, specifically ETH enabled me to borrow money and I trusted Compound and literally hundreds if not thousands people from all over the world to do the correct thing and not fuck me over. Do you see how valuable this is? This is monetary efficiency, no paper work, 100% trust and it's fair. No other service provides you this ah, and also this. You keep insisting on "mah products this and products that", ever called of a service based industry? Why do you think Blackrock has a valuation of 124B$? It's because of their SERVICE, not their PRODUCT. Services are a higher level concept, they're more abstract therefore their valuation is harder to understand and that's why people say stuff like "Blockchains don't justify their valuations"

>>	Anonymous Wed, Aug 14, 2024 01:06:59 No.58862589 File: 7 KB, 220x138, 1722871864819161.png [View same] [iqdb] [saucenao] [google] >open thread >ctrl-F "tech" >65 results lol lmao. no one gives a fuck about the tech. this is why all DOT holders are ngmi

Anonymous Wed, Aug 14, 2024 01:13:40 No.58862599

>>58862583
>BlackRock offers products and services. Like every other real business (unlike crypto projects) they can be measured in terms of metrics like revenue. Google says their revenue is $18 billion. and a market cap of $126 billion. That's about 10x.
It's actually 2T$ mcap.

>BlackRock offers products and services. Like every other real business (unlike crypto projects) they can be measured in terms of metrics like revenue.
Aren't DEXes that offer LPs services/products that output money that are measured in terms of metrices like revenue? What are you even on about?

>Whatever they're doing, there are paying customers buying it. Are any real users buying significant amounts of Polkadot?
Yes, probably 90% of the DOT is held by customers who are using financial products like staking and LPs in order to output mesurable output in terms of metrics like revenue, just like Blackrock is?

>The difference is that those, while likely overvalued, have a foundation of tangible value and products that are bought by real customers. Polkadot is much closer to 100% speculation with no real value being generated.
Except for all the projects that offer products and services on Polkadot being used by the customers?

>Demand for ETH transaction L1 transactions is way down.
But demand in general for ETH is way up, L2s are booming, there are more and more projects, there are more and more buyers. L1 transactions are a settlement layer thing, but yes, ETHs way of fragmenting liqudity to L2s isn't a great one, but that's also a thing that DOT solves with XCMP.

Anonymous Wed, Aug 14, 2024 02:10:50 No.58862718

>>58862583
Look fren, on the one hand you're saying that Blackrock "offers products and services" that "can be measured in terms of metrics like revenue" and on the other hand you're saying that "I can't think of anything that would make Polkadot worth nearly $7 billion", yet they literally offer "products and services" and they "can be measured in terms of metrics like revenue". Literally 60% of DOT is staked, so 60% of the DOT is getting a service of 17% APY per year in return for providing the service of securing the network back to Polkadot. The other 40% of DOT is either in crowdloans or LPs or lending pools or sits in wallets. So a lot of the DOT is literally being used and people who use it are using it as a financial product, just like Blackrock customers do. I'm not sure where the difference is? Just because Polkadot doesn't need old farts in offices who shake your hand and slap you on the ass after you sign a contract it doesn't mean that it's not literally the same shit while being so much more than that.

Anonymous Wed, Aug 14, 2024 02:29:14 No.58862752

>>58862583
And then you're also saying that Polkadot is only speculative value and on the other hand that Blackrock has products and services. But what do Blackrock services and products do? Aren't they literally JUST SPECULATIVE INSTRUMENTS and nothing more? Just like Polkadot is from your perspective? Doesn't Polkadot also have products and services? Just like Blackrock has?

It's like you're circlejerking it hard and trying to word is so that in the case of an old fart company that doesn't do anything except for being a glorified money transfer agency based on paper documents (contracts) that takes people money and puts it into stonks, bonds instead of them. Why do you prefer a building with people inside who don't do anything else but transfer money in a really deprecated and unefficient way over a fair, transparent, trustworthy network of people who offer highly efficient products?

I know it's hard to understand because when tech companies started appearing people were saying the exact same thing because tech companies were a higher level of abstraction then let's say industrial plants or material mines were. And now the same thing applies, blockchains are a higher level of abstraction then tech companies or industrial companies and therefore people have a hard time grasping what they're even looking at. As I've already mentioned before, trust is scare and therefore it's valued at a high price and that's why a valuation of 8B$ for Polkadot is justified. Even the valuation of DOGE is justified to be honest. Sure some day will come when the bubble pops and a lot of shit will inevitably die and that's just how it is and then that valuation at that time will also be justified because markets shift and valuations change because the justification changes. The valuations are justified while being unjustified at every moment, both is true, that's the nature of dualism

>>	Anonymous Wed, Aug 14, 2024 04:16:22 No.58862917 I'm bagholding 12k DOT and the schizo energy is strong with OP. Please keep the copium threads up on biz fren. Our time will come.

>>	Anonymous Wed, Aug 14, 2024 21:07:23 No.58865280 >>58862090 We're all going bankrupt. WE'RE DONE FOR, BITCOIN TO 0$, POLKADOT TO -10$. Sell now or you'll owe the market money.

>>	Anonymous Wed, Aug 14, 2024 23:24:17 No.58865593 >>58862917 doubtful

Anonymous Thu, Aug 15, 2024 00:10:36 No.58865669
File: 18 KB, 882x369, dot20240701a.png [View same] [iqdb] [saucenao] [google]

>>58857099
I sold my 12k DOT last month
Crypto market is screwed when SOL does a 10x after a major security breach and DOT gets no love despite having an actual plan for an ecosystem of interconnection.

Retards are just going to pile into what everyone else piles into. So its all buttcoin from here on. Nobody wants to change the world.. they just want to get rich quick.

Anonymous Thu, Aug 15, 2024 00:58:20 No.58865766

>>58865669
There is little to no new retail interest in the crypto market right now. Hype is low to non existent. By all accounts, the bullrun hasn't really started.

I think sol is pretty special because 1. It had enormous institutional investment from early on, meaning the heaviest bags are also most capable of manipulating the market, and 2. It provides the perfect ecosystem for scams to rinse gamblers.

>https://x.com/Flip_Research/status/1818216739680710776?t=n3v6tmMFXSdZriXqUbL6hw&mx=2

Says it all really. Most transactions are bots and node messaging. Organic userbase is still a fraction of eths. And since it only exists to transfer wealth from the user to scammer, will exhaust it's userbase eventually. We likely still have a year to go before we see the real bull, at which point usecase does become a significant factor.

>>	Anonymous Thu, Aug 15, 2024 05:03:45 No.58866306 >>58857099 I’m seeing the benefits of staking for steady, small gains on Brillionfi terminal. It’s not too late to dive into how the platform can help you earn money with DUA token.

>>	Anonymous Thu, Aug 15, 2024 07:52:40 No.58866590 >>58865669 >Nobody wants to change the world. Yeah no shit sherlock

>>	Anonymous Thu, Aug 15, 2024 08:12:27 No.58866609 >>58857099 fag

>>	Anonymous Thu, Aug 15, 2024 10:35:14 No.58866836 >>58857449 Fun is good but cro seems dead, what's else? btc may another leg down panicking vesta all the way

>>	Anonymous Thu, Aug 15, 2024 13:24:40 No.58867174 >>58857099 checked. pedochain not needed

>>	Anonymous Thu, Aug 15, 2024 17:03:16 No.58867901 >>58857099 >>58867174 checked. pedochain not needed

>>	Anonymous Thu, Aug 15, 2024 19:01:12 No.58868371 >>58857147 > coin makes money > "It's amazing!" > flops > "it's a scam!" Anon, I'm sure you can't describe to me the point of parachains and how they're tackling the interoperability problem and why it's failing.

>>	Anonymous Thu, Aug 15, 2024 20:25:06 No.58868780 >>58868371 Who gives a shit, why won't line go up??

>>	Anonymous Thu, Aug 15, 2024 21:28:43 No.58869038 >>58868780 Literally because of people like you say "Why won't line go up". Why would it go up if the only thing a lot of people want is for line to go up and therefore because it's not it won't.

>>	Anonymous Thu, Aug 15, 2024 21:34:19 No.58869058 >>58869038 Whatever, your shit sounds all retarded. I'll wait until the 2025 bullrun and hopefully make enough money to retire

>>	Anonymous Thu, Aug 15, 2024 21:36:24 No.58869064 >>58869058 Said the guy who said "WHEN LINE UP?". You're new aren't you?

>>	Anonymous Thu, Aug 15, 2024 21:52:51 No.58869114 >>58869064 Line going up is literally the only metric anybody in the cryptosphere cares about. Why would Pepe, Apu, Shiba Inu, and all of the other useless tokens gain momentum? It certainly wasn't your nerd shit

>>	Anonymous Thu, Aug 15, 2024 21:56:47 No.58869122 My God, we're gonna hit 3$. I wish I had sold when we hit 10$ a few months ago. We are so fucked now

>>	Anonymous Thu, Aug 15, 2024 21:59:10 No.58869128 >>58869114 Oh god, you have even less brain power than I thought. You're seething so hard the seethe levels are off the chart. You'll never make it my fren, I'm sorry

>>	Anonymous Thu, Aug 15, 2024 22:02:57 No.58869138 >>58869128 You're damn right I'm seething, the line went down!

>>	Anonymous Thu, Aug 15, 2024 22:22:47 No.58869190 >>58869138 I guess that life isn't easy on you with that mentality. "LINE GO DOWN, ME SAD. LINE GO UP, ME HAPPY". Start looking into how to detach and suddenly it won't matter.

>>	Anonymous Thu, Aug 15, 2024 22:49:50 No.58869251 >>58869190 You sound so fucking stupid

>>	Anonymous Thu, Aug 15, 2024 22:56:57 No.58869261 >>58869251 Your ego is hurt and that's why your resort to trying to hurt me back. >Who gives a shit, why won't line go up??

>>	Anonymous Thu, Aug 15, 2024 22:59:04 No.58869268 When the FUCK are corporations going to use parachains? Isn't that the whole point? Sergey said they'll use their own. So Gavin, what's going to happen? >>58869261

Anonymous Thu, Aug 15, 2024 23:06:17 No.58869287
File: 231 KB, 705x782, image.png [View same] [iqdb] [saucenao] [google]

>>58869268
https://www.youtube.com/watch?v=XDQKWQuL8T8 Literally just watched this kek
https://pitcoin.medium.com/polkadot-efficiency-in-aeronautical-logistics-vodafone-x-aventus-network-760bf50c7f91
https://www.coindesk.com/business/2023/12/07/deloitte-taps-polkadot-ecosystems-kilt-blockchain-for-digital-shipping-logistics/
https://www.ledgerinsights.com/ecb-bitcoin-emerging-markets-popularity/

Stuff is getting worked on in the background, I guess we can expect more stuff after DOT 2.0 hits

>>	Anonymous Thu, Aug 15, 2024 23:18:43 No.58869321 >>58869268 Dude I see you're worried and I can sense your fear and let me guess, it's your first bull run? I'm sorry if it sucks for you. Is there anything I can do to help?

>>	Anonymous Thu, Aug 15, 2024 23:40:23 No.58869366 >>58869321 Second. Please direct me to a good tutorial on releasing tension from my anus, thank you.

>>	Anonymous Thu, Aug 15, 2024 23:41:18 No.58869368 >>58869122 i think the low is gonna be between $1-$1.5. Then i would go all in if you have funds. remeber ath was $50 some dollars

>>	Anonymous Thu, Aug 15, 2024 23:43:47 No.58869374 >>58869366 Oh well, I tried, I guess you're not ready to accept yourself for what you are, most people never do and that's part of the reason they feel stuck in life. 2 steps forward, 2 steps back

>>	Anonymous Thu, Aug 15, 2024 23:52:07 No.58869402 >>58869374 Ouch, not even sure what I said wrong. Can you be a fren and tell me, when will the bullrun start?

>>	Anonymous Thu, Aug 15, 2024 23:53:41 No.58869406 >>58869402 It's ok anon.

>>	Anonymous Thu, Aug 15, 2024 23:57:38 No.58869423 >>58869406 Soo, buy more?

>>	Anonymous Thu, Aug 15, 2024 23:58:29 No.58869427 >Pedodot, made by Pedos for the Pedos.

>>	Anonymous Thu, Aug 15, 2024 23:59:04 No.58869429 >>58869423 Well, what do you think?

>>	Anonymous Fri, Aug 16, 2024 00:01:32 No.58869438 >>58869429 48 autistic posts over two days suggest probably

>>	Anonymous Fri, Aug 16, 2024 00:04:11 No.58869448 >>58869438 How do you feel about basing your buy decision based on 48 autistic posts?

>>	Anonymous Fri, Aug 16, 2024 00:12:10 No.58869475 >>58869448 Even better looking at your digits

>>	Anonymous Fri, Aug 16, 2024 00:14:55 No.58869484 >>58869475 What do you mean by "looking at your digits"?

Anonymous Fri, Aug 16, 2024 00:17:00 No.58869488

>>58869484
You mentioned 48 and your post ended in 48 and now you flipped the scenario and asked me what I meant by this so your post now ends in 84. I am refers to the signs in the universe guiding me in the correct direction. Thank you my anus hole is feeling softer now.

>>	Anonymous Fri, Aug 16, 2024 00:19:29 No.58869494 >>58869488 I can hear you being really confident about your decision making. I can also hear you being a very spiritual man. >Thank you my anus hole is feeling softer now No worries fren, may you be one with Brahman

>>	Anonymous Fri, Aug 16, 2024 05:11:07 No.58870035 they keep making more DOT every few weeks and price keeps going down. WHO is buying this?

>>	Anonymous Fri, Aug 16, 2024 07:31:01 No.58870244 >>58857449 Cro is a wrong move, flip it into QAN and watch the magic in a few months times.

>>	Anonymous Fri, Aug 16, 2024 08:59:52 No.58870326 >>58857099 unironically thinking of exchanging all my polkadot in favor of polygon

>>	Anonymous Fri, Aug 16, 2024 11:10:37 No.58870499 >>58870035 Spot bags are getting rekt rn, I'm just juggling shorts and longs with superbots, trying to farm some gains out of this clown market

>>	Anonymous Fri, Aug 16, 2024 11:12:47 No.58870503 based

Anonymous Fri, Aug 16, 2024 11:14:26 No.58870506

>>58869423
>Soo, buy more?
If you’ve got the cash, why not!
>58857449
The hype around Travala and Fun got me into it, but it’s been crabbing for ages.
still holding out hope for CRO because of its crypto market use.
And buying Nai, if the iambasedme integration for data sourcing goes through, it might get some shine

>>	Anonymous Fri, Aug 16, 2024 12:57:02 No.58870707 12k dot bagholder here, life totally ruined. still in denial so that's why I haven't sold

>>	Anonymous Fri, Aug 16, 2024 14:34:47 No.58870937 Very depressed. Life savings evaporated

Anonymous Fri, Aug 16, 2024 14:45:46 No.58870969

WE'RE ALL GOING TO GET RUINED GUYS. THE RUINING IS UPON US MY BRETHREN. WHY DIDN'T WE BUY MEME COINS LIKE THE ULTRA CHADS DID, WHHYYYYYY ??? SELL EVERYTHING FOR CUMROCKET https://coinmarketcap.com/currencies/cumrocket/ CUMMIES ARE YUMMIES IN MY TUMMIES

>>	Anonymous Fri, Aug 16, 2024 15:38:30 No.58871139 >>58870969 Polkadot price is ruined already

Anonymous Fri, Aug 16, 2024 15:49:04 No.58871184

>>58871139
EVERYTHING IS RUINED. WE'RE ALL RUINED. IT'S SO RUINED. OWARI DA. IT'S OVER. C'EST FINI. WHAT WERE WE THINKING, WE SHOULD'VE BOUGHT CUMMIES (https://coinmarketcap.com/currencies/cumrocket/)) A LONG TIME AGO

CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES

>>	Anonymous Fri, Aug 16, 2024 17:51:22 No.58871512 >>58869114 >Line going up is literally the only metric anybody in the cryptosphere cares about don't care about the potential for smart contracts and seeing it realized? ngmi anon

>>	Anonymous Fri, Aug 16, 2024 19:23:55 No.58871786 >>58871184 Alright calm down Shawnyboy. This pedo chain is not needed. A recession is looming -> useless projects are going to have a hard time

Anonymous Fri, Aug 16, 2024 20:01:48 No.58871887

>>58865669
dot had a plan for artificial scarcity of parachains
solana got more traction and complaining about a 30 minute outage that happened that one time is not enough to convince people that solana is not decentralized.
eth has layer 2s now which compete against any other blockchain's claim of being faster and cheaper

Anonymous Fri, Aug 16, 2024 22:24:45 No.58872207

>>58871887

>dot had a plan for artificial scarcity of parachains

Wrong. There was only so much network capacity at the beginning (and still, currently). Auctions were the fairest way to distribute limited slots.

>solana got more traction and complaining about a 30 minute outage that happened that one time is not enough to convince people that solana is not decentralized.

Solana is a potemkin village of bots, fake tps (it's mainly node gossip and aforementioned bots) and scams. It is a deadend.

>eth has layer 2s now which compete against any other blockchain's claim of being faster and cheaper.

And do what? Every ethereum L2 is essentially dogshit - centralised, secured by a single sequencer and a multisig, held by the devs. Can't interoperate, can't securely message one another, can't bridge effectively. Every new L2 further fragments liquidity and users, while also constrained to a generalist format that isn't effective beyond defi.

>>	Anonymous Fri, Aug 16, 2024 23:09:17 No.58872299 File: 23 KB, 620x402, rwa staking.png [View same] [iqdb] [saucenao] [google] I am financially fucking BORED.

Anonymous Sat, Aug 17, 2024 02:35:29 No.58872677

>>58871887
>dot had a plan for artificial scarcity of parachains
>Wrong. There was only so much network capacity at the beginning (and still, currently). Auctions were the fairest way to distribute limited slots.
Actually you're both wrong, stuff wasn't really limited. They had the auction slot idea because this way you can't have scam projects join the network, on ETH, SOL anyone can just lunch a project and it can be a scam but on Polkadot because you need to get a slot and that costs you money the chance of it being a scam is really low because who in their right mind would put so much effort into getting a slot and before that even advertising and then rug pulling. It's also because Polkadot has a core-model, 1 core = 1 parachain but now they're of course implementing core time and elastic scaling and therefore the parachains model goes away and you'll be able to run multiple chains on a single core and even a single chain on multiple cores.

>solana got more traction and complaining about a 30 minute outage that happened that one time is not enough to convince people that solana is not decentralized.
Actually there was at least like 12 outages and that has literally nothing to do with centralization, I mean it does and it doesn't. The centralization part is more about the fact you need a server in order to run a node, I think the minimum requirement of RAM to run a node is 256GB because the blockchain state (might not be state, might be something else, but I know for sure it's something along those lines) is too big and therefore Solana is nothing more than a centralized state machine. There are other centralization issues...

>eth has layer 2s now which compete against any other blockchain's claim of being faster and cheaper.
What >>58872207 said. L2s are a liquidity fragmenter, it's a nightmare to be honest.

Anonymous Sat, Aug 17, 2024 02:36:30 No.58872678

>>58871786
EVERYTHING IS RUINED. WE'RE ALL RUINED. IT'S SO RUINED. OWARI DA. IT'S OVER. C'EST FINI. WHAT WERE WE THINKING, WE SHOULD'VE BOUGHT CUMMIES (https://coinmarketcap.com/currencies/cumrocket/)) A LONG TIME AGO

CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES

>>	Anonymous Sat, Aug 17, 2024 06:28:56 No.58873157 >>58872677 Hey anon, what do you think about the DED memecoin made by the DOT community ?

>>	Anonymous Sat, Aug 17, 2024 07:34:10 No.58873252 I am on the brink of the unspeakable because of polkadot. It's over

>>	Anonymous Sat, Aug 17, 2024 10:50:12 No.58873461 >>58873252 Same

Anonymous Sat, Aug 17, 2024 13:40:55 No.58873781

>>58873157
>made by the DOT community
It wasn't really made by the community. A whale called giottodf (https://polkadot.polkassembly.io/user/Giotto | https://x.com/giottodf)) made it and he kept promising that they'll airdrop 100% of the supply and then when the time came to airdrop he airdropped 5% of the supply and then people got mad and started telling him they'll kill him and shit. It was a literal shit show. The same guy also keeps trying to make some fucked up governance decisions with his stack, since he's got a lot of DOT.

>>	Anonymous Sat, Aug 17, 2024 23:31:45 No.58875061 bump, feel so desperate

>>	Anonymous Sun, Aug 18, 2024 07:45:22 No.58876196 >>58873781 Would you recommend holding a bit of KSM ?

>>	Anonymous Sun, Aug 18, 2024 14:49:00 No.58876877 >>58876196 Nope, not really

>>	Anonymous Sun, Aug 18, 2024 15:58:42 No.58877075 >>58876877 Would you mind explaining your point of view a bit more ? I'm interested

Anonymous Sun, Aug 18, 2024 16:35:45 No.58877203

>>58877075
Kusama is a failed glorified test net with value. The stuff on Kusama and Polkadot is almost the same, projects on Kusama don't experiment with shit to be honest, they just have the same thing on Kusama and Polkadot. It's true that major upgrades get implemented there first and tested, but that doesn't really do anything special. I don't know, there's just so little point in Kusama to be honest.

>>	Anonymous Sun, Aug 18, 2024 16:55:55 No.58877289 >>58877203 Alright thanks

>>	Anonymous Sun, Aug 18, 2024 17:23:22 No.58877358 polkadot was my only shot to get out of crypto in 1 piece and make up for my losses on shitcoins just brutal how it turned also into a shitcoin, my days are numbered

>>	Anonymous Sun, Aug 18, 2024 17:53:28 No.58877447 >>58877358 Damn, you've been stinking up this thread with your mindless seethe so hard it actually embarrassing. I'm sorry if that offends you, it's the truth

>>	Anonymous Sun, Aug 18, 2024 17:55:04 No.58877456 >>58877447 Why would I be offended with something typed by a paid shill?

>>	Anonymous Sun, Aug 18, 2024 17:57:31 No.58877464 >>58877456 Someone got hurt. I'm really sorry

>>	Anonymous Sun, Aug 18, 2024 18:12:49 No.58877523 >>58857099 Financial gainz

>>	Anonymous Sun, Aug 18, 2024 18:46:24 No.58877628 Thanks for playing sirs. Please come again

>>	Anonymous Sun, Aug 18, 2024 19:16:25 No.58877688 >>58872677 >it can be a scam but on Polkadot because you need to get a slot and that costs you money that's called censorship by fees. no one likes scams but charging high fees keeps a lot of good projects out too.

>>	Anonymous Sun, Aug 18, 2024 19:18:54 No.58877695 >>58877203 agree, on Kusama, they tried to combine a test-net with a concept that some of the testnet things have value, which simply does not work.

Anonymous Sun, Aug 18, 2024 21:46:51 No.58877973

>>58877688
A crowdloan doesn't take your DOT, it just locks it up for 2years and at the end you get the funds back. Also the DOT locked in the crowdloans is mostly from people who locked up their DOT for the parachain in exchange for the native token of the parachain

Anonymous Sun, Aug 18, 2024 21:52:50 No.58877987

>>58877688
>>58877973
So it's like, people need to lock up DOT for 2years in order to secure the slot, after the period of 2y they get the locked up DOT back. But for the period of those 2y you'll actually be getting paid in the native token of the parachain. So for instance if you crowdloaned Moonbeam you got GLMR as a reward for crowdloaning it your DOT for 2y.
But as I've already said, because of core time and elastic scaling this will soon not be true anymore, the parachain crowdloans will get deprecated due to it.

>>	Anonymous Sun, Aug 18, 2024 22:01:35 No.58877998 >>58857099 What you deserve supporting pedochain. Kys.

Anonymous Mon, Aug 19, 2024 03:03:40 No.58878695

EVERYTHING IS RUINED. WE'RE ALL RUINED. IT'S SO RUINED. OWARI DA. IT'S OVER. C'EST FINI. WHAT WERE WE THINKING, WE SHOULD'VE BOUGHT CUMMIES (https://coinmarketcap.com/currencies/cumrocket/)) A LONG TIME AGO

CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES

>>	Anonymous Mon, Aug 19, 2024 03:20:13 No.58878716 >>58857099 Be patient, Fag. Hodl that shit, YGMI. I’ll be diversifying with Peaq, Dimo, and FET. It’s gonna be a long ride.

>>	Anonymous Mon, Aug 19, 2024 03:27:38 No.58878732 >>58857147 Flip to DePIN and go for the one with over 30 projects building on it. Thank me later, Anon.

>>	Anonymous Mon, Aug 19, 2024 08:45:32 No.58879123 >>58878695 Wise anon, What do you think about CFG and ASTR ? Are they worth holding ?

Anonymous Mon, Aug 19, 2024 12:12:41 No.58879440

>>58879123
I'd say they're solid projects. GLMR, PEAQ and TRAC are also solid. HDX is another token to watch though. Currently has an mcap of 22mil, a lot of growth potential. It's become the clear leader in polkadot dexes. Single sided liquidity farming with automatic DCA, can trade native USDT/C with trustlessly bridged iBTC (through interlay) and soon ETH (through snowfork), alongside most other parachain tokens. Usable with the new polkadot generic app on ledger. Really smooth experience.

>>	Anonymous Mon, Aug 19, 2024 12:32:21 No.58879468 >>58879440 More attention seems to be on DePIN than ever before. I'll bet more on Natix and HNT in this light. These look more promising.

>>	Anonymous Mon, Aug 19, 2024 12:40:10 No.58879481 >>58878732 >Flip to DePIN Much better. seems attention is more focused on this narrative than ever. We could see great liquidity inflow in this area if the speculation continues at this pace.

>>	Anonymous Mon, Aug 19, 2024 12:41:29 No.58879487 It's called polkadot...

>>	Anonymous Mon, Aug 19, 2024 14:07:31 No.58879702 >>58879123 They're both ok I guess

>>	Anonymous Mon, Aug 19, 2024 22:20:23 No.58881379 I wonder what gavins hair transplant looks like by now

>>	Anonymous Mon, Aug 19, 2024 22:30:59 No.58881416 >>58881379 Good question. He's at the web3summit, dunno if there'll be a recording of his talks though. One to look out for.

Anonymous Tue, Aug 20, 2024 12:11:46 No.58883152
File: 546 KB, 574x568, cat.png [View same] [iqdb] [saucenao] [google]

>>58861420
>If you have 1000 DOT you put like half of it (it's not actually 50%, you need to check this before you do this) in vDOT (liquid staking DOT) and then you put DOT and vDOT into the BLM liquidity pool and you get a lot more than just staking DOT anywhere else

That sound really interesting. I checked the Bifrost app but my brain is too smooth to understand it I guess.
Where do you get the percentage of DOT vs vDOT ? What is "BLM" ?
Please can you re-explain like I'm 5 years old how to do liquid staking ?

Thanks

>>	Anonymous Tue, Aug 20, 2024 15:21:13 No.58883734 >>58883152 I'll explain, I just need to eat first. I bumped the thread so it doesn't get deleted

Anonymous Tue, Aug 20, 2024 16:23:58 No.58883922

>>58883152
Imagine you have 100 DOT that you want to put into BLP DOT-vDOT.
You open up 3 tabs

Tab1: Open up google.
Tab2: You go to vStaking -> vDOT
Tab3: You go to Swap -> DOT-vDOT -> Add Liquidity

In tab1 write 100 / 2 = 50, then write 100 - 50 = 50.
In tab2 write into the DOT field 50 and you'll get 36.409592 vDOT
In tab3 write into the vDOT field 36.409592 you get 33.27779417899778 DOT. in tab1 we can clearly see that we put 50 DOT into staking and we have 50 DOTs left over because that's true and because tab3 wants us to have 33.27779417899778 DOT in order for us to put in 36.409592 vDOT we can see that we can still get another 50 - 33.27779417899778 = 16.722205821 DOT in. So we'll have 16.722205821 DOT left over if we put 50 DOT into vDOT and then put the 36.409592 vDOT into the BLP under tab2. So again, we would put 36.409592 vDOT in with 33.27779417899778 DOT into the BLP and we'd have 16.722205821 DOT left over.
That's why we need to put more than 50 DOT into vDOT in order to balance the ratio out. So I just do 1/2 first and then go from there. Now I'd go back to tab1 and write 100 - 60 = 40. I'd then go to tab2 and put 60DOT in and get 43.691511vDOT and then I'd go to tab 3 and put 43.691511vDOT in and get 39.93335356318789DOT. And then if you look back at tab1 it's 40 DOT that remains and because 40 - 39.93335356318789 = 0.06664643681 DOT that's basically it.
So in order to put 100 DOT into the BLP DOT-vDOT we need to stake 60 DOT and get 43.691511vDOT. After we have 43.691511vDOT and 40DOT left over we put them both into the BLP DOT-vDOT under tab3 and get the BLP DOT-vDOT token in return while having a 0.06664643681 DOT left over.

Just follow my instructions, it'll be less confusing once you see it and play around with it for a little.

Anonymous Tue, Aug 20, 2024 16:27:03 No.58883935

>>58883152

>Where do you get the percentage of DOT vs vDOT ?
Under tab2 and also tab3.
If you check tab2 it'll CURRENTLY say "1vDOT = 1.373264DOT"
If you check tab3 it'll CURRENTLY say "DOT per vDOT: 1.0941" and "vDOT per DOT: 0.9139"

>What is "BLM" ?
I actually mean BLP, sorry. https://docs.bifrost.io/quick-start-and-tutorials/lst-stable-swap.. It's a stable swap liquidity pool.

>Please can you re-explain like I'm 5 years old how to do liquid staking ?
Read >>58883922

>So in order to put 100 DOT into the BLP DOT-vDOT we need to stake 60 DOT and get 43.691511vDOT. After we have 43.691511vDOT and 40DOT left over we put them both into the BLP DOT-vDOT under tab3 and get the BLP DOT-vDOT token in return while having a 0.06664643681 DOT left over.
Here I forgot to mention you'd get 99.8876 BLP DOT-vDOT and then you put this BLP DOT-vDOT into the Farm in order to get more rewards. Don't forget that! It's important to put it into the farm since you get A LOT of extra rewards

Anonymous Tue, Aug 20, 2024 16:39:14 No.58883996

>>58883152
Then after some time if you do this you'll get a shit load of BNC. BNC can't be staked on Bifrost Polkadot only Bifrost Kusama and since they still didn't connect them with a bridge (the Kusama <-> Polkadot bridge is up already I believe but Bifrost hasn't made the connection yet) you need to transfer your BNC to Kucoin to the Bifrost Polkadot address and then you withdraw them from Kucoin using the Bifrost Kusama network. Once you have your BNC on Kusama you can stake them just like DOT.
You put part of your BNC into vBNC and then you put BNC and vBNC into the BLP and get BLP BNC-vBNC and then you put the BLP BNC-vBNC into the farm.
Soon parachains will start building Kusama <-> Polkadot bridges and you won't have to deposit your BNC to Kucoin in order to be able to transfer between chains, that'll make life much easier but currently that's the only way. And yes, there are other CEXes that support the Bifrost Polkadot and Bifrost Kusama network but I use Kucoin that's why I told you about it.

Also Bifrost 2.0 is coming out with new tokenomics and a new website and app
https://x.com/Bifrost/status/1823316677100233152 and https://bifrost.subsquare.io/posts/77 . They're going to start buy backing the BNC token + a few other features.

Anonymous Tue, Aug 20, 2024 16:52:26 No.58884049

>>58883152
I hope you'll be able to figure it out. I know it's a bit confusing at first, but just open up the 3 tabs and play around a bit and you'll probably understand what I mean.
You'll then get the BNC from the Farm, after you put the BLP token into the farm.

>>	Anonymous Tue, Aug 20, 2024 17:17:01 No.58884127 >>58884049 Anon you are an absolute rockstar thank you so much !! I'll screenshot that just in case.

Anonymous Tue, Aug 20, 2024 17:24:22 No.58884156

>>58883152
Bifrost is also one of the biggest parachains on Polkadot and from the start it was not even anything spectacular. Everyone thought that Parallel and Acala would be the top DEXes but actually Bifrost and Hydration are. Acala and Parallel are crap.

It actually is the biggest parachain https://defillama.com/chains/Parachain.. Here it doesn't show like it's the biggest, but if you click on it https://defillama.com/chain/Bifrost you'll notice that the Bifrost liquid staking is actually gray which means it's not included in the final calculation on the general parachain page https://defillama.com/chains/Parachain . The Bifrost Liquid Crowdloan is also grayed out, therefore it's also not included.

>>58884127
No problem fren, I know it's a bit confusing, but this will net you like +10% more than if you just staked. So if you just put all of your DOT into vDOT, but even if you do just that you can still put your vDOT into the vDOT farm and get more than you'd get if you staked through the "official" staking service of Polkadot https://staking.polkadot.cloud/#/overview or directly through the polkadot.js.org panel (https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fpolkadot-public-rpc.blockops.network%2Fws#/staking))

>>	Anonymous Tue, Aug 20, 2024 17:33:46 No.58884193 At one point my portfolio was worth 32 ETH and now it's worth 5.3 ETH

>>	Anonymous Tue, Aug 20, 2024 17:39:42 No.58884214 >>58884193 Wow, that sucks. You must fell hurt. Tell us more about that. Can I help you in any way?

>>	Anonymous Tue, Aug 20, 2024 22:00:38 No.58885130 >>58884214 Evil

>>	Anonymous Tue, Aug 20, 2024 22:05:16 No.58885155 >>58885130 What?

>>	Anonymous Tue, Aug 20, 2024 22:10:11 No.58885177 >>58861110 Stop wasting money on ghost chain infra and go wit killer use cases instead that solve real-world problems. Eg., nchain ticketing can fuck over Ticketmaster hard. $OPN sold >6.7M tickets onchain for >23k events

>>	sage Tue, Aug 20, 2024 22:13:29 No.58885188 >>58885155 ok

>>	Anonymous Wed, Aug 21, 2024 07:20:11 No.58886564 >>58868371 >why it's failing How is it failing?

>>	Anonymous Wed, Aug 21, 2024 07:28:07 No.58886582 >>58857516 >the reality is icp does everything better LOL! You're a rare kind of retard that isn't aware of its own retardation.

Anonymous Wed, Aug 21, 2024 07:36:18 No.58886592

>>58861334
>you can use DOT on any parachain to pay for tx fees
Source? This doesn't make sense to me, because how would transaction priority work? Is there a fixed or infrequently updated exchange rate? I think you're mistaken, but if you're not I'd be interested in seeing some documentation.

>>	Anonymous Wed, Aug 21, 2024 07:47:07 No.58886603 >>58866836 Btc consolidation period never end, not much fun panicking vesta is the truth

Anonymous Wed, Aug 21, 2024 12:55:46 No.58887210
File: 201 KB, 1907x918, image.png [View same] [iqdb] [saucenao] [google]

>>58886592
>because how would transaction priority work
>Is there a fixed or infrequently updated exchange rate?
What are you even on about. You can pay in DOT on most parachains if not all of them. pic related. You can even pay the fees in a native coin of another parachain.

>>	Anonymous Wed, Aug 21, 2024 13:29:07 No.58887347 >>58883922 Thank you fren I just followed your explanation and everything seems to be working fine. I must admit it's VERY confusing at first but I'll just play around with it to get confortable.

>>	Anonymous Wed, Aug 21, 2024 13:30:47 No.58887356 >>58887347 I'm the 'DqE+qphd' anon, I don't know why my id changed

>>	Anonymous Wed, Aug 21, 2024 13:53:07 No.58887489 >>58887347 No problem. I hope they one day make an auto-deposit feature into the BLP, so you don't always have to do the whole process.

>>	Anonymous Wed, Aug 21, 2024 13:53:22 No.58887490 >>58883935 >So what's the diffrence between the "DOT-vDOT" and the "DOT-vDOT Stable" ? Which one do you recommend ?

Anonymous Wed, Aug 21, 2024 14:05:56 No.58887548

>>58887490
The stable one.
https://docs.bifrost.io/quick-start-and-tutorials/lst-stable-swap You can read about how it's different here. If you don't get it just don't bother, except if you're actually interested in understanding it. It's basically more efficient for people to swap in the stable one then in the other one. Also the normal LPs were shut down, you can't even deposit in them anymore

>>	Anonymous Wed, Aug 21, 2024 15:59:56 No.58888071 >>58887489 I'm having a lot of fun playing around with the bifrost app thank you. Let's say I want to sell my DOT, what would be the correct way to unstake, stop the farming etc ?

>>	Anonymous Wed, Aug 21, 2024 16:10:20 No.58888110 >>58888071 If you have the BLP DOT-vDOT token or if you just have the vDOT token?

>>	Anonymous Wed, Aug 21, 2024 16:19:21 No.58888149 >>58888110 I'm not sure ? I guess I have both if I followed your step by step ?

Anonymous Wed, Aug 21, 2024 17:16:32 No.58888342

>>58888149
True I guess.

First go to Farm, under the BLP DOT-vDOT farm click Manage, under manage click Withdraw, when you're in the withdraw tab click Max and then the Withdraw button. You now have your BLP DOT-vDOT tokens back
After that go to Swap, under swap on the top click Pools, under pools click DOT-vDOT (stable), under the DOT-vDOT (stable) click on the left side Remove, under the remove tab click Max and then Remove. Now you converter your BLP DOT-vDOT back into DOT and vDOT.
To unstake click vStaking, under the vStaking tab click vDOT, in the vDOT staking tab you'll see that you have on the upper part of the form DOT and on the lower part of the form is vDOT, click the button between the 2 input forms, it'll flip them around, now vDOT is on the upper part and DOT is on the lower part and instead of it saying Stake on the button at the bottom of the form it'll say Unstake. You can also toggle lighting mode which means it'll unstake it instantly by selling the vDOT into DOT but this way you lose most of the stakind rewards.
Now you wait 28D and you'll get your DOT back. If you think that 28D is a long time then you'll be glad to know that flexible unbonding/unstaking is being worked on. https://polkadot-fellows.github.io/RFCs/approved/0097-unbonding_queue.html . After the RFC97 is implemented the unbonding will take anywhere from 2D to 28D.

Anonymous Wed, Aug 21, 2024 22:24:58 No.58889647

>>58887210
>What are you even on about
I take it you don't know how blockchains work. I assume there's a swap involved so that the validator set is actually payed in their native token. It's probably done through a swap pallet to make XCM easier.

In case you didn't understand all that, you're not really paying for gas in DOT. You're exchanging some for the native token and then paying with that. It's going to be a little more expensive, because you're essentially paying for a bigger tx and an exchange rates.

>>	Anonymous Wed, Aug 21, 2024 22:26:08 No.58889653 >>58888110 >>58888342 FUCK YOU NIGGER I CAN FUCKING HEAR YOU CHEWING KFC AND WATERMELON FROM THE WAY YOU TYPE, YOU STUPID FUCKING SHITSKIN FUCK YOU AND FUCK YOUR MOTHER KILLING NIGGERS IS NO DIFFERENT THAN FLUSHING POOP DOWN THE TOILET

Anonymous Wed, Aug 21, 2024 22:33:14 No.58889681

>>58889647
Ah, I get what you mean and in Polkadots case that MIGHT not be true, but I'm unsure. The thing is that all the parachains run on the Relay chain and the native token is DOT, but sure the relay chain and the parachains collator sets aren't the same therefore the parachain collators accept only the native token of the parachain and the relay chain collators accept only DOT... But then in essence you'd also have to pay the relay chain collators if you execute on the parachain since sooner or later the parachain still needs to push the transactions to the relay chain. I'm really not sure

>I take it you don't know how blockchains work
I do, but I'm unsure about how Polkadot works in regard to this. You're probably right, but I'm not sure.

>>58889653
BUSSIN FR FR FR NO CAP

Anonymous Wed, Aug 21, 2024 22:36:58 No.58889699

>>58889647
>'re exchanging some for the native token and then paying with that. It's going to be a little more expensive, because you're essentially paying for a bigger tx and an exchange rates.
True and at the same time the transactions on DOT are soo cheap that it probably doesn't really matter, while also being fast of course AND DECENTRALIZED, unlike Solana.

Anonymous Wed, Aug 21, 2024 22:41:02 No.58889722

>>58889681
>But then in essence you'd also have to pay the relay chain collators if you execute on the parachain since sooner or later the parachain still needs to push the transactions to the relay chain.
The relay chain collator fees might actually be "free" since the only chains allowed to push transaction on there are the parachains which have "bought" the parachain slot for 2y in advance, but that also doesn't really seem likely to me to be honest. There must be an answer about this in the documentation of Polkadot, it's very well documented but I've never seen anything that explains it

Anonymous Wed, Aug 21, 2024 22:43:01 No.58889729 [DELETED]

>>58889681
YOU ARE THE DUMBEST FUCKING GORILLA NIGGER IN THE ENTIRE JUNGLE. IN THE ENTIRE FUCKING JUNGLE.
CONGRATS, YOU STUPID FUCKING GORILLA, I HAVE NEVER MET SUCH A FUCKTARD THAT KNOWS ABSOLUTELY NOTHING ABOUT FUCKING ANYTHING, YOU ABSOLUTE FUCKTARD

>>	Anonymous Wed, Aug 21, 2024 22:44:08 No.58889732 >>58889729 BUSSIN FR FR FR NO CAP. MA NIGGA I APPRECIATE YOUR KINDNESS

Anonymous Thu, Aug 22, 2024 03:51:39 No.58890552

EVERYTHING IS RUINED. WE'RE ALL RUINED. IT'S SO RUINED. OWARI DA. IT'S OVER. C'EST FINI. WHAT WERE WE THINKING, WE SHOULD'VE BOUGHT CUMMIES (https://coinmarketcap.com/currencies/cumrocket/)) A LONG TIME AGO

CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES

Anonymous Thu, Aug 22, 2024 03:53:18 No.58890554

>>58889722
Yes you're correct that since a slot is prepaid, there's no upfront cost for the parachain to propose a block to the relay chain, which frees parachains to set essentially arbitrary fees for their transactions. Fees can theoretically be collected in any token set by the governance of the parachain, there is no need to resolve the transaction in the native token, the parachain treasury will just accrue the tokens they're getting. For the most part, parachains will want to use their native token, if nothing more than as a unit of account, but the option is open to them to use anything in the ecosystem (They just need the right XCM channels open).

>>	Anonymous Thu, Aug 22, 2024 06:58:03 No.58890835 >>58857099 That’s what happens with shitcoins. Wait for the Peaq TGE and invest wisely it could be your best move yet.

>>	Anonymous Thu, Aug 22, 2024 09:58:27 No.58891120 >>58886603 Panicking on vesta? should be happy hold it? i dk ano

>>	Anonymous Thu, Aug 22, 2024 15:57:27 No.58892173 >>58890554 Well that's good to know, ty fren.

Anonymous Thu, Aug 22, 2024 16:31:04 No.58892307

>>58889722
Oh, do you maybe have a link to any documentation regarding this? I'm actually interested in this. I've never seen this. I know it should probably be written somewhere around here https://wiki.polkadot.network/docs/getting-started ... But I've never actually seen it

>>	Anonymous Thu, Aug 22, 2024 16:32:05 No.58892311 Shit, I meant to tag you >>58890554, read this >>58892307

>>	Anonymous Thu, Aug 22, 2024 16:33:06 No.58892314 >>58890554 >>58892307 https://wiki.polkadot.network/docs/learn-parachains I guess it should be under this section, but I'm nto sure

Anonymous Thu, Aug 22, 2024 18:14:21 No.58892646

>>58892307
You would probably find it under substrate/polkadot SDK docs if anywhere. Since it's a feature that is so dependent on individual parachains and every parachain will have their own perspective it's a tough one to definitively write on for the benefit of end users. As a user you basically have to accept that some parachains will accept multiple tokens for gas fees and some won't.

Anonymous Thu, Aug 22, 2024 21:20:04 No.58893222

>>58892646
True true. Ty for the info fren

>As a user you basically have to accept that some parachains will accept multiple tokens for gas fees and some won't.
True, but this is literally one of the MAIN issues of Cosmos. Cosmos is the hub and the chains built on top of Cosmos are zones and you can not use ATOM as a means to pay for transaction in any of the zones, this is probably the main reason why ATOMs price isn't doing that well. Polkadot solved this issue while at the same time as you've already mentioned you can literally use native tokens from other parachains to pay tx fees on some parachain. So on Bifrost you can also use MANTA to pay tx fess, besides DOT and BNC of course.

Anonymous Thu, Aug 22, 2024 23:38:57 No.58893583

>>58893222
Never thought I'd say this but I feel sorry for our cosmos frens. Atom has been having a really rough time and yeah, they never really found a sustainable utility for the token, but that's also a direct consequence of their architecture. Polkadot is still the only chain to provide true interoperability under a blanket security framework, and that is the product that polkadot ultimately sells. Even if parachains only took their native tokens for fees, dot would still have demand because eventually those parachains will need to exchange for dot to pay for coretime.

Anonymous Fri, Aug 23, 2024 00:03:53 No.58893641

>>58893583
>Never thought I'd say this but I feel sorry for our cosmos frens
True, Cosmos is great.

>but that's also a direct consequence of their architecture
Do you think Cosmos can ever make it so that ATOM will be used as an option to pay tx fees? I'm not that familiar with the ATOM architecture, I get the jist and I also understand that zones can't pay with ATOM for tx fees, but I'm not sure as to why that is.

>eventually those parachains will need to exchange for dot to pay for coretime
True and maybe there'll be other use cases where DOT is needed to do something, besides coretime, relay chain transactions, parachain tx fees. Maybe like elastic scaling will require you to pay more for multiple cores, but probably not. Maybe DOT 3.0 (JAM) will have more stuff in store. Also, can't wait for Polkadot to be able to execute smart contract just like ETH, SOL, BNB, in the sense that you just pay the deployment and it works, I know they're working on it and I'm not sure when it's going to be released, I know it's not anytime soon from my understanding.

Did you see? The the inflation of DOT is going to probably be dropped to 5% after flexible inflation gets implemented. I find people who keep saying "BUT MAH HIGH INFLATION" a little bit annoying. They don't get that the difference in price between 5% inflation and 10% inflation literally does not matter. The only reason it matters is because people think it does and then VCs are all scared and shit since they're like "This is a junk bond". And now at least those people will go quite because you'll be able to modify the inflation through governance, a lite version of the flexible inflation is being worked on and it'll probably get launched within like 1 or 2 months, the proper flexible inflation has been confirmed as a RFC and is being worked on in the mean time, also the inflation formula will get easier to understand and they'll also be re-directing a bigger chunk of it to the treasury ... (Next post)

Anonymous Fri, Aug 23, 2024 00:12:07 No.58893654

>>58893641
... a bigger chunk of it to the treasury because as it currently is the treasury is getting literally almost 0%. https://wiki.polkadot.network/docs/learn-inflation If you look at the curve we're at the ideal staking rate of 60% and when that's true the treasury gets 0% for some reason (the reason being that's how they set it, but I don't understand exactly why you'd give 0% to the treasury if the ideal staking rate of 60% is being hit. It just doesn't seem logical to me in a sense. I get that if 60% of DOT is staked that you need to give more rewards in order to keep the APY the same as if only 30% of people stake, but still, you've basically made is so that when the system is working as intended that the treasury gets 0% which is a bit odd).
They explained that the reason why the APY is so high is due to them wanting to attract high quality collators and that was the goal at the beginning and now that quality collators are on there and staking they want to lower the APY

I just noticed they moved it from Approved to Stale: https://polkadot-fellows.github.io/RFCs/stale/0089-flexible-inflation.html
That wasn't true like 1 week ago... I don't get it... They're still working on the light version though

Anonymous Fri, Aug 23, 2024 00:20:46 No.58893678

>>58893641
>Maybe like elastic scaling will require you to pay more for multiple cores, but probably not. Maybe DOT 3.0 (JAM) will have more stuff in store.

Actually, yes on both fronts. If you want to buy multiple whole cores from the network, you'll have to pay for every one, no freebies. Similarly, JAM will be selling coretime for DOT as well, just for much broader utility (run basically anything). Exactly the same dealio. Running sophisticated programs will likely be quite memory intensive so I can see a fair number of cores rented simply for data availability.

>Did you see? The the inflation of DOT is going to probably be dropped to 5% after flexible inflation gets implemented. I find people who keep saying "BUT MAH HIGH INFLATION" a little bit annoying. They don't get that the difference in price between 5% inflation and 10% inflation literally does not matter.

Yeah I agree completely. Personally I don't really care what the inflation is, but if it helps the brainlets get over it, why not lower it?

Anonymous Fri, Aug 23, 2024 00:28:08 No.58893691

>>58893678
>Actually, yes on both fronts. If you want to buy multiple whole cores from the network, you'll have to pay for every one, no freebies.
Yes, but I meant that you'd have to pay like an extra 10% for every core you buy except for the 1st one. But yes, I know what u mean, 3 cores = 3 * price_per_one_core

Let me guess, you're a CS major?

Anonymous Fri, Aug 23, 2024 00:35:09 No.58893702

>>58893691
>Yes, but I meant that you'd have to pay like an extra 10% for every core you buy except for the 1st one. But yes, I know what u mean, 3 cores = 3 * price_per_one_core

Ah that's an interesting idea, there will also be a market of "second hand" coretime that parachains could buy, a tax on additional brand new blockspace might encourage efficient blockspace allocation, parachains might want to seek the unused extra stuff first. I wonder if taxing the most successful projects in the ecosystem would do more harm than good though, considering L2 mobility is only increasing.

Anonymous Fri, Aug 23, 2024 00:40:35 No.58893722

>>58893702
>a tax on additional brand new blockspace might encourage efficient blockspace allocation
What do you mean by this? "additional brand new blockspace"

>I wonder if taxing the most successful projects in the ecosystem would do more harm than good though, considering L2 mobility is only increasing.
How would you tax them? In what case?

Anonymous Fri, Aug 23, 2024 00:56:03 No.58893765

>>58893722
So, coretime sales are 4 week chunks, divisible into 6 second blocks. If buying one coretime slot is 1000 dot, but you only use half of your blocks, then you could sell the extra blocks to another parachain for 400 dot. If there's two parachain teams selling half their blocks for 400 dot, then another team could buy both for cheaper than the network rate of 1000, while also filling the maximum number of blocks with the least amount of cores used - efficient allocation of network resources. Suppose this parachain was doing really well and was considering buying their second lot of coretime from the network, at a higher rate of 1100 dot, then they're saving even more money, there's an increased incentive to use second hand blockspace as opposed to purchasing a whole additional core.

>How would you tax them? In what case?
This was in reference to raising the price on additional cores, from another perspective, this is simply a tax. Perhaps a necessary one, depending on how coretime market develops.

Anonymous Fri, Aug 23, 2024 01:03:22 No.58893790

>>58893765
>then you could sell the extra blocks to another parachain for 400 dot
Not sure why you'd sell it for 100 DOT less than you've bought. I guess since you're not using it might as well sell it to recuperate some of the money.
Funny question, are they maybe thinking of implementing core time crowdloans? Like I crowdloaned projects for their parachains and now I won't be able to do that anymore, but I would be willing to crowdloan my DOT for core time sales and the parachain giving me some of their native token in return. That might be an interesting idea, but I haven't heard about anything similar.

Anonymous Fri, Aug 23, 2024 01:12:08 No.58893807

>>58893790
>Not sure why you'd sell it for 100 DOT less than you've bought. I guess since you're not using it might as well sell it to recuperate some of the money.

It was just to keep the math simple. Once coretime is bought though, it has an expiration date, eventually the value will reach 0, so there's incentive to get rid of it on the sellers side.

>Funny question, are they maybe thinking of implementing core time crowdloans?

I don't think so, but largely because parachains can pretty easily pass on the cost of a block to the end user through the transaction fee. A project only proposing blocks occasionally (formerly parathread) can queue up their transactions, charge a fee to include the cost of an PAYG block and shoot it off once it's full. The cost to the team becomes running other infrastructure like collators, though services like tanssi promise to reduce the costs of that significantly as well.

Anonymous Fri, Aug 23, 2024 01:24:47 No.58893853

>>58893807
>It was just to keep the math simple
Ah I get you.

>Once coretime is bought though, it has an expiration date, eventually the value will reach 0, so there's incentive to get rid of it on the sellers side.
True

>The cost to the team becomes running other infrastructure like collators
I've heard that the cost for running a parachain is actually horrific. Like you need collators on mainnet and on every testnet.
Also the teams are having big issues because Polkadot upgrades too fast, apparently they keep pushing breaking changes too fast therefore the teams are basically putting about 60-65% of the coding effort into keeping up with the upgrades. They literally don't have time to implement new stuff because if they did that the already implemented stuff would break. https://youtu.be/War1weBu7yU?list=PLtyd7v_I7PGlDJCCCLGLjJ0yv33JAEE_-&t=3540
But they're working on a solution for both problems, so I guess that's ok.

Anonymous Fri, Aug 23, 2024 01:31:33 No.58893877

>>58893853
>I've heard that the cost for running a parachain is actually horrific. Like you need collators on mainnet and on every testnet.
>Also the teams are having big issues because Polkadot upgrades too fast, apparently they keep pushing breaking changes too fast therefore the teams are basically putting about 60-65% of the coding effort into keeping up with the upgrades. They literally don't have time to implement new stuff because if they did that the already implemented stuff would break.

Yeah it's expensive, polkadot has just moved onto stable 6 month releases cycles which should help with the breaking changes issue.

Anonymous Fri, Aug 23, 2024 01:38:31 No.58893897

>>58893877
>Polkadot has just moved onto stable 6 month releases cycles which should help with the breaking changes issue.
True

>Yeah it's expensive
But apparently it's MUCH CHEAPER than running an L2 on Ethereum, since each parachain is literally an L2 and instead of it being an optimistic rollup or ZK rollup it's an pessimistic rollup. So each parachain is a rollup therefore DOT is a glorified rollup machine WITH INTEROPERABILITY. The ETH L2s have no interoperability and even if they did the bridges wouldn't be safe. But yea, apparently running Polygon is much more expensive than running a DOT parachain, at least that's something

Anonymous Fri, Aug 23, 2024 15:09:21 No.58895431

EVERYTHING IS RUINED. WE'RE ALL RUINED. IT'S SO RUINED. OWARI DA. IT'S OVER. C'EST FINI. WHAT WERE WE THINKING, WE SHOULD'VE BOUGHT CUMMIES (https://coinmarketcap.com/currencies/cumrocket/)) A LONG TIME AGO

CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES
CUMMIES ARE YUMMIES IN MA TUMMIES

>>	Anonymous Fri, Aug 23, 2024 22:20:20 No.58897064 WE'RE ALL FUCKED GUYS, IT'S GOING TO FUCKING 0

>>	Anonymous Fri, Aug 23, 2024 23:58:44 No.58897356 >Launch your memecoin >The fastest memecoin creator on Polkadot, without hidden fees. https://app.hydration.net/memepad Why's no one launching a gazzilion meme coins on Polkadot?

>>	Anonymous Sat, Aug 24, 2024 00:16:22 No.58897402 File: 217 KB, 2481x1018, Screenshot 2024-08-24 021552.png [View same] [iqdb] [saucenao] [google] >>58857099 im sad for my friends who believed in it

>>	Anonymous Sat, Aug 24, 2024 00:18:46 No.58897408 It's called... ...Polkadot... You bought a coin named Polkadot.

>>	Anonymous Sat, Aug 24, 2024 00:24:50 No.58897427 >>58897402 What the hell happened? I tried to stay away from crypto for these past 2 years to protect my mental health (while holding polkadot), but I remember moonbeam and alcala were really hyped and both of them seemed solid and legit

Anonymous Sat, Aug 24, 2024 00:31:21 No.58897450
File: 211 KB, 2550x999, Screenshot 2024-08-24 023044.png [View same] [iqdb] [saucenao] [google]

>>58897427
>both of them seemed solid and legit
for VC
as long as you looked at inflation rates for these shitcoins you knew
but so many youtube and podcasts got my friends on this train
they almost resent me just for holding btc
anyway just buy btc and sleep

>>	Anonymous Sat, Aug 24, 2024 00:35:07 No.58897457 >>58897450 I see. Yeah, I will get rid of this (and chainlink) next alt season and like that I will just hold btc. I'm sick of holding alts.

>>	Anonymous Sat, Aug 24, 2024 00:42:33 No.58897484 File: 1.73 MB, 1581x900, amaztr1ddhz01.png [View same] [iqdb] [saucenao] [google] >>58897457 80% BTC and like 15% ETH and 5% shitcoins is the best godspeed anon but basically only BTC is worth money

Anonymous Sat, Aug 24, 2024 00:48:46 No.58897498

Gavin Wood, founder of multibillion-dollar cryptocurrency project Polkadot, wrote a graphic blog post in 2013 in which he described having sex with an 8- or 9-year-old girl dying of AIDS.

In December 1998 — when Wood was 27, meaning Elizabeth would have been only 8 or 9 — the girl told Wood she was dying, according to his post. “Her young body was maturing behind her mind” and she wanted “to know love,” Wood wrote. He claimed she asked him to “take her virginity” while he was home for the Christmas holidays from university and described the sexual incident that followed in detail.

“And so, that evening, in a bedroom full of the childhood memories of my grandmother’s house, we slowly undressed each other and went to bed. We cuddled for hours, before she manoeuvred herself on to me and mischievous smile intact, began to push her tender sex onto me. It hurt her, of course, but it was almost as though she craved the pain – as though she expected it and accepted it gladly for what it meant. Again and again it continued through to dawn, with the barest of rests in between; one night of passion to make up for a lost lifetime.“

By the next morning, she was tired and sore, but more content than she had ever known,” Wood wrote, adding that Elizabeth died a few days later.

>>	Anonymous Sat, Aug 24, 2024 01:22:52 No.58897582 >>58897498 Please continue, you've just made my G. Wood very hard

>>	Anonymous Sat, Aug 24, 2024 08:41:10 No.58898538 >>58857445 really dead. just leave this 2021 shits and go for new L1 like Supraoracles. the top L1 in this circle.

>>	Anonymous Sat, Aug 24, 2024 12:38:44 No.58898916 >>58898538 >Supraoracles >circle https://coinmarketcap.com/dexscan/base/0x1d4b9cd2a47276bdc5b6a8214cf33954b2f22def/ Ty for you advice Rajakesh, what would we do without your wise words

>>	Anonymous Sat, Aug 24, 2024 22:39:24 No.58900485 OWARI DA, CES'T FINI, IT'S OVER GUYS. SELL. WHAT WERE WE THINKING

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

/biz/ - Business & Finance