/biz/ - Business & Finance

>>15965611
I really loved how fucking arrogant that Leemon Baird and Mance Harmon were
They would destroy Bitcoin, Ethereum and Ripple.

You need to do KYC to create random wallet. Enough said.

>>15965690
You need permision to build anything on it.

Everyone in fucking space would kill to have big passionate community of builders,hackers,devs like eth but nooooooo, no no, this 2 fagots figured out everyone will flock to them and beg them for permission to help them develop usecases and daps.
In opensporce, decentralised, permissionless movement.

Is this most retarded move since inception of crypto?

>>15965690
>>15965736
Are you fucking kidding me?
Are they mentally disabled or something?
What reality are they living in?
They have no idea how the whole blockchain space works.

>>15965690
lol

This was a scam from the very beginning. The obviously paid shilling here as well as these faggots taking out an entire page of the wall street journal to shill to boomers made that crystal clear. This shitcoin is going below 1 cent.
T. Anon who warned all of you about this the same day they launched

>>15965736
it was just a cashgrab to fool normans. From day one it was always a PoA/Dpos chain with 0 utility. I remember watching the very first video that came out about it and there was no talk of consensus algorithm for over 30min, cause there aren't any kek.

>>15965736
It's the natural progression of shitcoins. Ever since Vitalik's ETH scam its just been a race to see how many features of Bitcoin can be removed while still getting away with the "cryptocurrency" label. Shitcoins that launch a year from now will just be a shared Google doc and the creator will determine the price.

>>15965611

>>15966332
this, any muh eth killer is just a fancy eos clone...
the only 4 projects on crypto are btc eth xmr and link

>>15967527
What a ghoulish face. Jesus bless.

I'm from the future. Use case is a meme $5 eony.

>>15965611
>Circulating Supply: 636,515,764 HBAR
>Total Supply 50,000,000,000 HBAR
Jesus fuck

>>15969104
1.27% in circulation as the price dropped from 12c to 4c...

I cant even send that shit from my wallet to binance. My backup phrase doesnt work when trying to update the wallet. This is a clusterfuck fuckfest what is wrong with these people, I havent been able to dump my beta test tokens since 12c REEEE

>>15969981
>>15969104

On October 22 (Tuesday Evening) 67 million more tokens will be released to SAFT 2 investors who will likely dump on the market. Watch the price dump from Tuesday afternoon through Wednesday. It should be a dumpster fire.

>>15970015
>SAFT 2 investors who will likely dump on the market.
Wouldn't they just HODL?
they bought at 9-12c from what I understand.

>>15970059

> $0.09 to $0.12
That is SAFT3.

SAFT 2 investors bought at $0.003 to $0.005 totaling 3,500,000,000 hbar.

There have been whispers from SAFT investors in different chats where they admit that they are racing to unload tokens. If the token metrics change, then they might buy back in, but they want to get out now real bad.

>>15970106
>SAFT 2 investors bought at $0.003 to $0.005 totaling 3,500,000,000 hbar.
Thanks for the clarification fren

so another 7% supply is coming.
@ 3c = $105,000,000
daily volume average looks like its about $4mil a day.
so the only direction is down unless retail buyers come in I'm guessing.

> If the token metrics change, then they might buy back in
what would have to change? a reduction of tokens available? I don't understand this as the token supply is meant to be fixed right? Or do you mean more end users using the tokens?

>>15970015
>On October 22 (Tuesday Evening) 67 million more tokens will be released to SAFT 2 investors who will likely dump on the market. Watch the price dump from Tuesday afternoon through Wednesday. It should be a dumpster fire.

67,000,000 x 3c = $2,010,000
It might be absorbed, only a few days to find out.

>>15970208
see >>15970015

>On October 22 (Tuesday Evening) 67 million more tokens will be released to SAFT 2 investors who will likely dump on the market.

Dump will probably be more modest than you're thinking. If I had to guess, I'd say the price might drop another ~20% from Tuesday through Thursday morning. The token metrics are being reviewed and the Corporate owners of Hedera might be able to change the token release schedule so it is even weaker in the future. But, that is all probably going to be decided over the next few months. Don't expect them to have any weird "token fixes" anytime soon.

>>15970283
Yeah, I feel you.

>>15970289
>The token metrics are being reviewed and the Corporate owners of Hedera might be able to change the token release schedule so it is even weaker in the future. But, that is all probably going to be decided over the next few months.
I see what you mean now, this also matches with their announcements on changes to the token release schedule they are already doing.

For any other anons who want a source
https://help.hedera.com/hc/en-us/articles/360002789198

Do you think this network will become viable? I think it will it just seems overpriced for now.

You got any recommendations videos, articles etc about understanding token economics.
This was a good summary of different viewpoints on how to value bitcoin
https://www.youtube.com/watch?v=MCRPVCxTpq0

>>15967527
Mike Maloney probably got paid or he got a shitload of free HBAR
>>15969104
They seriously have no idea wtf they are doing

>>15966187
Oh but they do.
VC bags are filled at still 1/50 fraction of price same as rest of vc presale scams as argoland etc...

>>15966343
Vitalik acually told vc-s to fuck themself and made only 17mil ico and 6y mining bootstrap thats why sharks like CH and rest of gang fucked of from eth in early days.

They managed to fuck up alot of it in meantime but thats difrent story..

Is this shit worth buying after it dumps even more? I remember this being hyped a lot but is it really a game changer?

>>15971366
>>Circulating Supply: 636,515,764 HBAR
>>Total Supply 50,000,000,000 HBAR

Is it anon?

>>15965736
>You need permision to build anything on it.
>Everyone in fucking space would kill to have big passionate community of builders,hackers,devs like eth but nooooooo, no no, this 2 fagots figured out everyone will flock to them and beg them for permission to help them develop usecases and daps.
>In opensporce, decentralised, permissionless movement.
>Is this most retarded move since inception of crypto?

this is also why quant will fail to gain meaningful traction.

>>15970846
>Mike Maloney probably got paid or he got a shitload of free HBAR
Mike Baloney selling rocks and shitcoins

So.. When are these delusional idiots opening the chain for the public?

>>15971584
True that brother from another mother

>>15972622
>True that brother from another mother
It finally looks like rocks will start to move again starting next year. So Baloney will eventually be 'right'