/biz/ - Business & Finance

>>58185788
Correct. I call them ponzis to remind myself to sell at some point.

>>24351709
Statera fits the Ponzi way better than your average crypto

>Unregistered Investment
Is a DeFi coin, rugpulls everywhere
>Complex and Secretive Strategies
The Statera ecosystem is way too complicated for your average crypto normie to understand so they just assume it’s good
>Unregistered Sellers
Dev team is nearly completely anon and refuses to disclose the multiple GitHub accounts and their identities
>Issues With Paperwork
They got hacked, and the updates keep getting delayed. They even admitted in the TG that the Dashboard is harder than it looks like. The Dashboard, it’s a psyop. The reason it has taken so long for them to develop it is because it’s mostly to milk new investors from the hopium that dashboard release creates when in reality it means nothing.
>High Returns Constantly
Read any financial report. They claim the fund has made an average of 100% APY topping at 1000%+ APY. Average in this scenario is equal to consistent for that time period and that is clearly intended to be used as a number for future returns.
>High Returns with No or Little Risk
Same thing as above. Good day for STA”, ”We will all make it”, ”Week has been going great for the STA team” yet nothing has happened since August.

They still hold a massive part of the supply. Big enough to sell and make price tank 50% in an instant. Imagine price was $16, and they could sell and instantly crash the price to $8. Tell me, is that a ”small portion”? They refunded STATERA tokens after the hack, that they originally had when they created the project. Not a single penny of real money was paid from their own pockets. Bitcoin is used for most payments. Ethereum is critical for many transactions especially in the DeFi space to exist. Chainlink creates an interconnection with the outer world and the crypto world. What does Statera do? Uh, ”print money”. Again, it doesn’t solve anything. It is literally another Bitconnect and this is a classic argument of a Ponzi.

>>24167515
Statera fits the Ponzi way better than your average crypto

>Unregistered Investment
Is a DeFi coin, rugpulls everywhere
>Complex and Secretive Strategies
The Statera ecosystem is way too complicated for your average crypto normie to understand so they just assume it’s good
>Unregistered Sellers
Dev team is anon
>Issues With Paperwork
They got hacked, and the updates keep getting delayed. They even admitted in the TG that the Dashboard is harder than it looks like
>High Returns Constantly
Read any financial report. They claim the fund has made an average of 100% APY topping at 1000%+ APY
>High Returns with No or Little Risk
Same thing as above. They (especially Megan) keep feeding the TG hopium saying they will all make it and someone claims there is basically no risk in it

>>24146207
Notice the shills even though its down 90%. Goes to show that those three pajeets in Discord will never give up. Sad. Don’t fall for the Ponzi.

Deflation has no purpose. It could as well be non-deflationary and do the same thing as now, balancing the pools. The only thing the deflation does is that by time it reduces supply which means those who got in early get to dump on those who got in late. Exactly like that Chinese whale is doing right now who bough 5M statera for 200 bucks. Guess what this type of marketing scheme is called?

Do Ponzi schemes ever work meaning keeping the money and walking away scot-free?

Or do all Ponzi scheme operators know they're eventually going to jail when returns dry up?

What if you lie and say you made bad investments or something?