/biz/ - Business & Finance

Bro look at their twitter, the taylor swift shit with other coins and defending yams, what the fuck is that.

>>21400921
Yikes, thought you were joking

>>21400921
The Yam post was before it was guaranteed to zero. Also this is what all these USA traders are looking for. No KYC, everyone is trying to the IRS.

And this is a trading platform, of course other coins will be talked about.

>>21401438

will it reach aave mcap aver ? or half of it?

>>21401689
Half is my goal, which will make this a 4x-5x. AAVE copied their model and swooped in when an issue was found on BZRXs platform. BZRX has the better team, the better platform, and MUCH better staking than AAVE. They'll shave some people from them for sure.

>>21401852
>BZRX has the better team
a one man team?
>the better platform
the one which was hacked and now doesn't exist?

>>21401912
Keep the FUD coming. It relaunches at the end of this month. I'm just giving daily reminders to buy in or you'll miss out. Their staking capabilities are far above comparable platforms.

>>21401912
And they have a 9 person team, why lie just to do it? Check their website.

>>21401988
They literally said that the chose the last day of august just to keep the promise of relaunching this month but that in fact they won't be ready bu then and will just delay it again.
>>21402025
You're the one who isn't doing his research well enough. The developper is only one person. The rest are shit like marketing and ui/ux designers.

charts looking super bullish

This is my most comfortable hold.

>>21402233
Read their Telegram. It is ready to go by the end of this month with an incentive program launching with staking at the same time.

>A team is only a team when I pick and choose which members fit my criteria

>>21401912
They got hacked due to a problem with their oracle. At that time Chainlink wasn't very widely used oracle and bZx didn't want to use a centralised oracle solution. They will make a comeback.

>>21402535
He's going to FUD no matter what at this point.

>>21401912
Lol look at this faggot try to fud the project by lying

i need a 3x will i get it if i buy now?

>>21400868
not sure if I should push all in with the rest of my eth

>>21404162
You'll get that by the end of the month. So if you need it tomorrow, you won't. But within two weeks? Yes.

>>21404185
All of your ETH? No way, leave an ETH or two for gas fees in the future.

>>21404334
ok thanks how much do you hodl? are 150k enough?

>>21404388
It is currently 20% of my portfolio. Mostly in ETH and LINK. I swing chunks of my ETH is projects I believe are high% of returns, not YAM shit.This seems like it'll hit $3 easy, which is 6x from this moment.

>>21402233
marc pls go

>>21400868
Going by the Staking Calculator with default values, they seem doable in the bull market. The value of this token should be around $4 - 5 since that will give you 10% yield. At the current price the yield is close to 100% seems like the price of the token should be much higher.

>>21404473
thx for the insight. are u on tg? you seem like a smart guy hit me up if you want amfam8@ruru.be (10 min mail)

>>21404892
Just trying to help biz out. Some people have been listening. This isn't a moonshot. It's just an undervalued project that will get you a nice ROI if you get in before the platform relaunches.

>>21405072
>>21405072
This is a moonshot though. Look at their staking calculator. 200m in total daily volume, 85% staked and you've got $30k annual income from staking from staking 100k bzrx. This is 30 cents income per token. A p/e of 30 - 200 (nominal for defi projects) would then price this token at $9 - $60.

https://bzx.network/calc

>>21405272
I just like to be realistic. No FUD but I can see the absolute potential to go make a crazy run. But honestly these rarely do. Keep your sights set on solid returns.

But god I hope you're right

>>21405359
>But honestly these rarely do.
I... Anon... So much DEFI shit pumped this year...

A quarter of my net worth is in this coin right now

>>21405516
>>21405359
I fucking hope this will succeed. My biggest concern is on getting enough volume in that degenerate margin traders will be using it. BitMex making KYC mandatory is gonna help this shit a lot. If I'm not mistaken, bZx has some liquidity mining thing planned or some yield farming to attract the volume at the start like bootstrapping volume right? If that is legit, there's no problem getting some of that DeFi big money flowing into bZx. Then all it needs is to function properly and be usable since a KYC free margin trading platform that is completely decentralised is a very attractive thing.

I should probably buy in more. I only have 10k BZRX while I have 1 YFI and 19k LINKs. I'm gonna wait on LINK's conference though since I don't think LINK is done yet. I'll maybe just put my YFI into bzrx for the time being.

>>21405789
Supposedly the have a surprise announcement about their yield farming when the platform and staking launches together. But yes, the volume is the concern. If people recognize this and hop on, look out.

>>21402233
Their lead dev is their ceo, but it just says ceo on their website. The marketing guy is also a dev, so thats 4 devs

>>21406222
From my exp, that's actually the best. Since they are close to the product and tech at the same time. Ability to know what the customer want and implemented is very efficient and effective.

>>21400868
https://medium.com/aave/aave-v2-the-seamless-finance-d52075d97a70

aave coming out with margin trading are we fucked

>>21406222
yeah I heard the janitor is also a dev

>>21406815
ooooooooooooooooooo bzrxies what did I tell you

why so quiet now fags

>>21406815
hardly. they won't launch that anytime soon. they need to fix their tokenomics together with that as well. audits will take a while considering the complexity of the new features.

>>21407060
>>21407161
>>21406839
>No announcement date

As before they are following BZRXs steps.They were ahead of the game before their oracle issue which is now fixed. AAVE will continue to play catch up.

>>21407311
>platform vs no platform
mhm

I've got 100k BZRX, and still accumulating more. Literally the comfiest hold in Crypto.

- platform relaunch this month
- staking
- yield farming
- marketing campaign
- Bitmex now requiring kyc. Bzx no kyc ever

I'm going to live off my passive gains
https://bzx.network/calc

>>21407344
Keep on fudding. I'll be laughing at the EOM

>>21405272
When you stake, Do you get paid out in bzx tokens at the end of each month?

>>21408197
It's held in a pool that you can cash out anytime. They have a fantastic UI and easy to use. Here is an example with the calc.
>>21405272

>>21408197
it will be balancer pool tokens, which basically allows you to redeem the coins that are in the fee pools, made up of stablecoins and other tokens

>>21408430
>>21408534
I can choose which assets i want to withdraw on? So By staking Bzx I can pick up Link, ETH, or whatever other shit people are trading on?

>>21408828
If it's in the pool, yes. At a rate based on your tokens value from staking versus current value etc.

>>21404376
kek