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

/biz/ - Business & Finance

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6373603 No.6373603 [Reply] [Original]

no one ever talks about this

what goes on here?

>> No.6373727
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6373727

dead coin, haven't you heard?

no immediate arbitrage, Proof-of-Just has yet to be implemented, processing loans manually

come back in 3 months, opportunity cost is just too much, imo

>> No.6373791

>>6373727
Not 3 months.
Salt will explode when they will release their loans easier. For now they are in their beta test with some customers.
I bought some as a reminder because it could go really high in february

>> No.6373794

you will never make it holding these bags

>> No.6373833

>>6373603
> No automated loans
> Whales accumulating so they can evade taxes
> Pump and dump can't even hit price target

Total shitcoin, dump now, buy back later

>> No.6373886

I held a salty bag. When everyone is telling you the max the coin can be is only double whats the point? Holding forever hoping it goes to 20 bucks or 27 or whatever the fuck all these fags say it should be. Buy something with unlimited potential.

>> No.6374048

haha did you buy this shitcoin because tekka told you too?

>> No.6374306

its only of use for whales. they hold the price down to get cheap af loans

>> No.6374573

>>6373727
>opportunity cost is just too much, imo
this. it's a cool idea but they are only offering loans to enterprise members that throw 100 salt / 10k at it JUST for the membership, not even for a loan or any guaranteed loan approval. Even then approval supposedly takes weeks + months. When they start offering and approving smaller loans (10k-100k) we will see movement. Even then, they've approved what 7mm in loans? That's literally 7 enterprise level loans assuming all 7 requested the max.

Fuck salt. I like the idea but...I think it will be more useful in a year or so once they've gotten off the ground. By then much more can be made elsewhere instead of holding these bags. Meanwhile..ethlend is chugging along.

>> No.6375455

Whales don't want it to go up because it's the safest investment that crypto has to offer, and that means a lot when you're dealing with millions of dollars.

SALT will go bankrupt because of market manipulation.