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

/biz/ - Business & Finance

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9576107 No.9576107 [Reply] [Original]

forgive me padre for I have sinned

>> No.9576124

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.9576133

>>9576107

Man, selling at 30 cents sounds like a fucking great idea now.

>> No.9576136
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9576136

>>9576107
Shit is fucking brutal
I am stupid

>> No.9576137

jesus christ

>> No.9576164

If you bought Req this week, you're literally retarded.

>> No.9576180

>>9576164
i bought it under ICO price after the binance fuck up and didn't sell at 1$, still holding and i feel retarded too...

>> No.9576201

Holding REQ is a humbling experience. You suddenly realize that not every small cap shitcoin can make you rich.

>> No.9576219

>>9576201
Also never not sell after a shitcoin does 30x.

>> No.9576235

give it a few weeks and it should bounce back (should). just bought some at 1942 sats cause it's so damn low and there's tons of stuff with a similar RSI atm. the volume is atrocious however.

>> No.9576671

>>9576235
When will /biz/ learn that low volume = trend reversal?

>> No.9576854

>>9576671

I'm thinking same, it implies that selling pressure is subsiding. But every time a little green limp-dick candle appears with REQ, it's instantly crushed by millions of tokens thrown to market sell.

There's fucking pre-sale whales and partners with millions of tokens they got for free or fractions of a penny.

>> No.9576899

>>9576107
Jesus Christ fuck this market

>> No.9577174

Im buying more as we speak

>> No.9577193

>>9576201
>>9576219

Man, whoever held REQ from ICO until now has probably the most vice-like, cast-iron hands I've ever seen.

Only other project I know that has been trashed this bad is ETH right after the DAO hack.

>> No.9577205

>>9576854
literally not true.

>> No.9577234

>>9577174
this...my hands are made of titanium anon

>> No.9577237

holy shit the absolute state of r/biz
im going to let you in on a big secret
the entire market of shitcoins, and also the big boy currencies, is built upon speculation
your a retard if you buy coins close to release because not a single coin is likely to release anything other than bottomless sell orders and disappointment
>m-m-muh mainstream adoption
>b-b-but muh use case
grow up, decentralized tech is shit and will always remain shit because of latency and synchronization issues
dont fool yourself otherwise
no erc20 token will ever make it apart from mooning purely out of speculation. do you honestly think ethereum is ready for adoption when the entire network can be clogged by meme ponzi schemes?
sharding, hansgraphs, or any other band-aid is not going to magically fix the throughput of decentralized tech

>> No.9577248

>>9577193
I got in at 4 cents not long after ICO, when barely anyone knew about it. Literally just saw some supposed whale mention it in a thread and bought in.

>> No.9577295

god i hope token burn destroys like 30% of the req supply so my holdings can be worth a bit more

>> No.9577299

>>9576107
imagine all the fud around eth and imagine just buying it and end up with 10,000 eth are not listening to the constant fud.
You'd be in some exotic island right now shitgiggling on 4chan posts

>> No.9577309

>>9577299
>comparing ETH to REQ

>> No.9577320
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9577320

>>9577295

You will literally experience the heat death of the known universe before the burn mechanism has any appreciable impact on the circulating supply.

Like, are you literally retarded and can't do basic arithmetic?

>> No.9577336

>>9577320
nigga thats why i said hope.

>> No.9577468
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9577468

>>9577336

Your only hope is that the price will balloon based on actual use case.

So far the team have delivered fuck all on their "partnerships", the Wikimedia thing was promised by the end of the month, so if we don't see it implemented and actually working then the project is going to die.

The increase in supply also implies the devs are running out of cash and dumping their holdings to pay for their rent in Singapore.

>> No.9577638
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9577638

>>9576107
if you want to redeem your sins consider joining HUBII MASTER RACE

>> No.9577647

>>9577638
MODS

>> No.9577667

>>9577468
Wikimedia France is utterly irrelevant, as both the usage of the network and the exposure will amount to literally nothing. The only saving grace of REQ is PwC France, which might actually bring adoption.

Also there's a decent chance it'll get listed on Coinbase, since there are very few ERC20 tokens with at least alpha product, so REQ makes sense in that aspect.
>The increase in supply also implies the devs are running out of cash and dumping their holdings
My biggest worry. If true, it's over for us.

>> No.9577747

>>9577667
Since wikimedia have recently dropped their coinbase commerce support and are seeking alternatives give it slight relevance
If it works well with the French division I can't see why it wouldn't be adopted sitewide

>> No.9577785

i've been holding this since ico. i own a lot. total shit coin and i have woken up so many times saying today is the day i sell it all only for it to very slightly go back up, then shit the bed a few days or weeks later. it's been humbling for me because my other investments have made me money. i also believe the team is out of money. the other day someone was sending eth to the burn address to make it look like token burn was taking place. i think a whale is trying to get this thing to move but it's too late. req is dead.

>> No.9577808

>>9577747
Yes, I didn't mention that. It'll bring significant marketing exposure if the whole Wikimedia integrates it. But that's still a big if. As for the actual network usage.. well not much, but better than 0.

>> No.9577845

Req will literally be £1000 by end of year

>> No.9577862

>>9577845

literally impossible. i doubt it even makes to $1 again. biggest mistake of my life was not selling in december. i had so many chances.

>> No.9577864

>>9577785
Like poking a nearly dead body and getting a meager grunt

>> No.9577882
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9577882

>>9577862
The best time to plant a tree is 20 years ago...second best time is today.

>> No.9577898

Hope it stays this low and mod pumps even a little tomorrow so I can dump those shit bags and go all in

>> No.9577960

>>9577785
hurr durr how can the team be running out of money when they are hiring many more people? you’re full of shit and provide no evidence.

>> No.9578009

>>9577960
>ignoring increasing circulating supply
Yes, keep living inside your safe space cryptobubble.