/biz/ - Business & Finance

we all got played. Look at all the defi gems we missed. This shit is rigged.

>>22013679
It's not as old as eth so of course you could invest, if you're expecting 10x within a month you're probably not going to see that but if you're willing to hold for 6+months you could see nice profits, short term you'll probably lose money but long term most likely gainz

Yes this will be big. During the GBR, Polkadot will be peddled as the new ETH killer, and normies will rush in to buy it. Expect a 10x in a few years when it happens.

You're not early relative to the people who got in last month, but you're very early getting in now compared to when the normies will.

>>22013679
>>22013710
>>22013733
>>22013805
I bought this in the ICO and still holding.
Will dump everything once it flips ETH.
>Ask me anything!

>>22013805
>>22013842
Is it really an ETH killer? The articles I read insisted that it's not in direct competition with ETH(and thus has better long term survivability). Which both Gavin and Vitalik essentially confirm.

Oh and where should I buy?
I know no one is a prophet here but what dip should I wait for being realistic? I'm guessing it'll never go under $3 again but is $4 a good goal or is it too low as well?

>>22013679
I never buy ETH/bitcoin killers, and I think generally it's been the right decision. An Eth killer doesn't just have to be better technology than Eth, it has to be better than all the other Eth killers, and it has to be so much better that it attracts the biggest developer community and the most users. Moreover, it takes a long time to chip away at Eth's network effect and challenge Eth in terms of usefulness. How long before it can offer as many dexes, as many trading pairs with as much liquidity, as many smart contract developers, as many industry connections, as many vendors, basic functionality like oracle networks, etc. And if at any point in the process a better Eth-killer comes along, it will lose all its momentum.
I wouldn't feel comfy buying an Eth-killer. Overnight Ethereum 2.0 could come out, and its value would instantly evaporate. That's why I only buy a sure thing, like PNK.

>>22014104
https://hackmd.io/@0TOBpaKkSieExetSaifRTA/rJpr5NbkS
Gavin:
>You are resource constrained. You want to put resources into the project that generates the most profit. But the competition [between the two platforms] is entirely only in this regard. An analogy for this train of thought is that you can either choose to buy Microsoft stock or IBMV stock.
>In reality, there’s very little direct competition in terms of the product.
Vitalik:
>I generally agree with a lot of that.

What am I missing?

>>22013805
It will be difficult for Polkadot to beat Ethereum’s network effect at this point. I don’t see it happening.

What they both need is Quant Network which will connect both together so they can co-exist, each doing what they do best in a synergy.

>>22014104
nope

Chainlink will allow full interoperability between blockchains that implement the EVM.

Not major

>>22014226
Only problem is Chainlink doesn’t provide full interoperability at scale. Quant Network does. Quant will connect Chainlink to Bitcoin and Ripple, something Chainlink can’t do itself.

Once the defi projects like stafi go live and start doing crazy numbers this things going to 20$

>>22014204
This, and Normies will prefer buying dots at $20 then eth at 1k, just facts

>>22014275
Do you know what Quant is to Chainlink right?

>>22014350
An improvement.

>>22014219
You really don’t have a fucking clue, do you, pajeet? Polkadot *is* an interoperability solution in itself, and has already integrated Chainlink which can also be used for cross chain communication. Go shill your closed source scam elsewhere.

Don't play L1 roulette. It's that simple. Just buy Chainlink.

>>22014399
Polkadot isn’t a true interoperability solution. It can’t scale and it doesn’t interoperate outside of the Polkadot ecosystem.

Qntfags that didn’t sell at ath, so cringe with their scambert shrines it’s always pajeets

>>22014436
What part of “has already integrated Chainlink which can also be used for cross chain communication” didn’t you understand, pajeet?

>>22015089
Cross chain communication isn’t interoperability. Maybe study up on these concepts.

>5.4 billion market cap
>isn't on coinmarketcap.com
>isn't on coinbase.com/prices
>normies don't know about it
>actually, no one even knows about it
>created by ethereum cofounder
>better technology than eth 2.0

buy and don't sell dumb faggot.

>>22014006
It doesn't compete with eth in the sense that its just another smart contract chain but it really does in the sense that when its fully up and running there will be no reasons for devs or users to choose eth.

Dot, Sta, Link all you need to make it

Yea it's still a good buy.

QUANT is the real gem. It has a 50x to reach Polkas marketcap, whereas Polka could max. do another 3x from here due to its already very high cap. Don't fall for the "closed source" FUD. The FUD is coordinated by the Chico & Bagswingers gang.

It's another useless scam.

Quant is the fuckin Saviour.
SIA Giant payment group in Europe is already partner and will use QNT token and Overledger Network.
Neil Smit ( CEO of ComCast and Board members director of Qualcomm ) joined Quant last month.
QNT , like ChainLink, has been awarded as Best Gartner Cool Vendor in 2019.
12M circ supply, 0 inflation, Circ supply will be drastically reduced by treasury system. Launch of Overledger Network is imminent.
And only 100 Millions USD Mcap.
Now, make your choice but don't cry when you will see Quant price at 4 digits, you have been warned.

>>22014284
only $20? grandpa BTC will outperform that shit. way to underestimate your bags. if that were true I'd go all in on ETH first

I see gains happening everywhere. Quant has a relatively small market cap and can still do a 100x

>>22015907
Quant is dogshit, the next REQ.

>>22016003
I choose to ignore dogshit.

Quant = wannabee ripple = dogshit.

>>22016089
Dogshit has an even smaller marketcap, can do a x10000.

Buy dogshit.

>>22016370
Haha. You got the ticker symbol for that one?

>>22014006
Exactly this. The new top 5 won't be competition they'll be frens. Btc eth link dot and aave ;)

>>22015907#

No, YOU are the next REKT guy if you have not enough IQ to see what's behind Quant ( maybe you are unable to do some research ? )
Bye, don't be too salty when this gem will reach 10 Billions Mcap and buy total shitcoins instead.
I say it again, You have been warned.

>>22016370
Where do I buy this dogshit sir??
>>22016469
Hope so, I'm convinced. Bought at $6 for a long term hold.
I'm cursed tho so be prepared to buy a hard dump.

>>22016346
haha, it is so fucking obvious that you have no clue what you are talking about. Stop embarrassing yourself, please. Soon people will realize that quant is the biggest project in crypto! watch it do a 1000x!

And for polkadot... meeehhhh. not impressed with this highly overvalued pseudo-interoperability solution

>>22016469
Top 5 will be BTC, QNT, ETH, DOT, LINK (in that order for the smart arses in this thread)

>>22015457
>>normies don't know about it
>>actually, no one even knows about it
Idk about that tho.
Maybe total normies don't know about it but it had articles in Cointelegraph and other pretty mainstream crypto outlets. "No one knows about it" is probably far from truth.
That said the reason I missed it is because I mainly use coinmarketcap (a mistake I will not do again) so it's obscure in this sense. Coinbase is probably even more significant in this regard.

>>22016638
But even if you had become aware of Polkadot in due time, would you have invested in it? and if yes, why?

>>22016675
I bought because of the ETH connections, seemingly good marketing, major players supposedly showing confidence in DOT, and the notion that it doesn't compete with ETH directly. I'd have done it at $2 as well yeah.
However I can't really imagine what drives the rest of the market. Or normies. I imagine it's FUD & FOMO i.e. essentially psychology rather than calculated and tactical behavior. Seeing how their marketing is good and the project/team is solid, enough hype should be created to make others invest.
Sorry if my answer is retarded.
All I really meant to say in the post you replied to that it's not really a hidden gem or anything.

Some say Gilbert created overledger because he is actually an alien that travelled back through time to save mankind and overledger was needed for him interact with us legacy degens

Is this accurate or schizophrenic: Old Dot still exists in the shadow, costing about 550US per coin right now. If this ever ~10x's to 50, Old Dot holder will have assets worth 5,000 per Old Dot. Which is to say, it's very unlikely that we will see New Dot worth triple digits, as Old Dot will rule in the shadows. Already a "transparent" shadow gov inside the blockchains. New Dot would have to market cap into the Google trillion range to have a Bitcoin-like valuation.

>>22016589

>QNT

HAHAHAHAHA IMAGINE STILL HOLDING THIS SHIT

Just put a grand in, cheers OP

don't let this launch distract you from the fact that gavin wood is a paedophile

>>22017062
Imagine the gains... 10x, 50x, 100x, 1000x

Let’s be honest here, it’s >50x just to match LINK and DOT market cap, so you know it’s coming

>>22017191
>you know it’s coming
ofc it is! only brainlets would deny. Quant is the single biggest project in the cryptosphere and soon it will become apparent to everybody

>>22016456
Yes, qnt.

>>22013679
if it goes to $3, I'll buy a huge stack.

>>22016991
narh, was a good answer. but if you don't wanna miss out on the next big thing, hear me out: look into QNT. It is much, much bigger than Polka with much larger players backing it. It doesn't compete, but interconnect

>>22013679
Yes you missed it now proceed with caution. None needed it months ago now everyone desperately wants it

No point in buying this when you can just buy chainlink. similar marketcap and you don't have to worry about competition. you just win.

>>22017062
Yes, for sure, SIA, Giant Group Payment in Europe,made the choice of QNT because it's a scam.

Please , go buy $IQ Token first ( you can buy it directly in books, school and University, and your IQ will pump from 0 to 110/120 like an average human ) and then do your research about Quant, you will understand why 1000 USD per Quant is inevitable.

>>22017461
Why buy into a $5 billion market cap coin when QNT is only at $100 million? Risk/reward points QNT if you truly want to maximise your gains.

>>22017571
not only that - QNT is on an entirely different level. It is being adopted by the world's biggest financial instituions, central banks, governments, large scale enterprises, etc., namely because it offers true interoperability without an added overhead.

Get in the Polkadot Doscussion discord: 9hSpHbj

>>22017740
Oh wow amazing and what consensus algorith does it use?

None? Its just a proof of authority (aka proof of spreadsheet ownership) steaming pile of dogshit? Wait, and its not even a blockchain? Its a google spreadsheet thats being shilled as an "operating system". Yikes. At least it has muh partnerships, like REQ.

Meanwhile Polkadot is decentralized, has an actual consensus algo (GRANDPA), has trustless ineroperability and is an actual fucking blockchain. Top 3 2021.

how do i buy DOT?

$DOT is not going away. Its one of a kind, it will lead the bullrun....

>>22017925
Blockchains can’t do interoperability. That’s why Quant is a blockchain operating system.

Polkadot, while cool, forces a blockchain and a consensus algorithm on agents that would benefit from true interoperability, which isn’t possible with this approach.

Don’t get me wrong, Polkadot has its place, but it will never match the scale and scope of Quant Network’s Overledger.

>>22017784
Based

>>22018038
The more I see these posts, the more I feel like Quant is a scam.

Anything live yet?

>>22014226
the coin is useless though, it's not a currency idiot

>>22018203
The Overledger is live, has been for 12 months, the Overledger Network goes live in a few weeks.

It’s used by Oracle, SIA Group and 580+ banks. There are around a dozen central banks in the mix also.

>>22018203
lol, seriously... dumb attempt at fud... if it was a scam, do you think Oracle would shill it to their clients? do you think SIA would integrate it into the world's financial infrastructures? do you think Central Banks would adopt it for CBDCs? do you think Neil Smit would be on the board of directors together with a Rockerfeller? Do you think GV would be speaking at the ECB and guiding the FED?

Just deal with it, Quant is on a completely different playing field than other cryptos... No need to deny it.

>>22017925
Haha, omfg. you actually have no clue what you are talking about, do you? haha

>>22014006
Polkadot is meant to run along side Eth. Creator of dot helped create Eth and wrote the language solidity. Its not like cardano VS Eth. This is more like Eth + Polkadot

someone help me im retarded since this isn't an erc20 token, how the fuck do i get this in the states?

>>22018417
If it's not on Binance US I personally recommend KuCoin, I used it before and it has no KYC bullshit. Otherwise just check the DOT market pairs on coinmarketcap or a similar site and pick a (trustworthy) exchange.

>>22018564
Thanks anon, I appreciate the reply

Well, it's dropping right now, so maybe you can get in at $2.5

>>22016530
>I'm cursed tho so be prepared to buy a hard dump.
Called it

>>22017784
Let’s get in here frens

Reminder:

QNT is needed.

>>22017784
Can I discuss my hatred for niggers here?

>>22017405
This

>>22018038
>>22018253
QNT is an ERC-20 token. It has no working product. Github is empty. AWS solutions partner page is empty with zero products. Developer Community boards are empty. You have Gil, his wife and brother who ran a computer repair shop in California running the company. If you can't see this SCAM for what it is, you deserve to lose all your money