/biz/ - Business & Finance

Just buy RSR and hold. Everything else is just gambling

>>22103518
I think this market cycle is one-upping the bitconnects and confidos of last cycle.

>>22103518
It's scammy as hell. DeFi is another round of the ico bubble that 99% of the tokens came and went once the scammers made a profit. Contrary to belief, cryptocurrencies are used as speculation vehicles and that alone. Straight up currency coins are the only viable cryptos to use as some form of payment. Most ETH tokens were made by founders to take your money.

>>22103518
Holding coins is for boomers, yield farming is the new craze. We will bring gas up to $500 and in doing so accelrate the launch of Eth 2.0 and layer 2 solutions.

>>22103652

>>22103518
Yield farming is banking without the middleman. 2% daily returns. Any other explanation is a fearful midwit shriek at an incredible breakthrough in DeFi.

Having said that, don't buy anything named after food.

>>22103652
$500 fee to send money when you can use Ripple or Stellar at 1/10000 the cost. The smart contracts world everyone keeps projecting is far from happening today. Ethereum has been around for 5 years and it's expected to be the new financial system for the entire planet? Get the fuck out of here.

>>22103518
No amount of money can fix goofy fucking goober faces or your mantits

>>22103722
Bingo. You get it. We are the bankers now.

Guys which one should I buy if if missed all of them?

>>22103722
What does a decentralized run look like?

>>22103518
Cream isnt a thing, its literally a scam started by a group of pajeet rugpullers on discord and will last 2 hours tops.

the others are far more elaborate scams

>>22104007
YFFI has potential, but it's a hella gamble. I'm reality they all have been though so there is that. Good luck anon

>>22103518
I am just as confused as you are.
All I know is that I smell ICO bubble redux.

Ok bro’s I’ve spent 30 bucks trying to buy this damn token. I got two prompts saying insufficient out put amount and one saying excessive input amount. What do I do bros on uniswap btw

They are all scams and incredible annoying

>>22103716
Kel. I'll never not laugh at how carefree and mischievous that lad in blackface is.

>>22103518
YFFI is not too late for you

What should I buy? YFII, YFFI, YFV?

The most annoying thing are the pajeets here.
I remember biz from 2017. People were friendly. Banter and FUD were a thing but not this extreme. Now every zoomer and pajeet seems to be into crypto.

No clue what happened.

dontbuymeme.com

28k supply

>>22104351
you remember it wrong lol. It was such a shitshow in here during the gold bullrun

>>22104300
yfv

YFFI is up 130093.8% the past 14 days. No shot I'm buying in now.

>>22104007
>>22104300
YFV

what about YFIVE guys? im scared to put 1 eth into it

>>22104007
I wouldn't buy any right now. If one, I'd either buy YFI if I had a shitton of money or YFL, this one has the most room to grow.

NEW COIN ANNOUNCEMENT
YYFFFFIIIII

>>22103518
>Can anyone explain for a brainlet?
HYIPs basically literal ponzies for a change. /biz/ calls everything a ponzi so i know it's shocking when you see an actual one.

>>22104300

I have
1.5 YFFV
175 YFV

That should get you thinking

>>22104007
just wait till tomorrow for the next scam coin to launch

>>22103741
Ask me how i know you are poor shitcoin peddler :)

>>22103518
same

>>22103722
>2% daily returns
sounds totally legit 700% annual returns yeah

>>22103518
Beeeeetconect V2

>>22104691
Yeah it's not sustainable. Once the new money stops pouring in you have a system that stops paying out the crazy returns. It's basically a hyper-inflating bubble. The trick is knowing when to get out, you have to watch the chart constantly because once it dumps it truly dumps, no sleep.

>>22104447
only invest in defi projects that have been audited

>>22104857
yffi finance (YFFI) on coingecko says Warning: This coin has not been fully audited yet and its $500 already

>tfw missing out on the defi bubble

I literally have no idea what any of this shit is, I'll just keep holding link and miss out another bullrun I guess

>>22104356
kek this is actually based

>>22104300
YFFI and YFV are my picks. YFFI will hit $10k soon. YFI will likely touch $100k at which point all the clones will follow suit. YFV likely won't hit $10k but a few hundred isn't out of the question, maybe $1k if everything plays out perfectly

>>22104925
Dude i put some into YFFI but this was a rull pug, the dev team literally cashed out everything they could, dumping the price from 600$ to fucking 0.05$ and fucking recovered, there is no team, no twitter, nothing, this is a coin carried just by the community, don't know if its good or bad, but if there is any hope for this to be listed there must be a dev team.
I have not seen binance listing coins with a literal dead team

>>22105446
holy fucking shit thanks for the info this is the biggest crypto bubble ive ever heard

>>22103518
To be fair I mentioned YFL a couple of times already these last couple days but neither of my posts got any responses. Don't be fooled by the high 24h percent gain. I went in at 70% 2 days ago im already up massively. Cryptos like these will keep pumping so might as well ride it

>>22105478
I mean im saying this because since i bought this im not sleeping well, since most people(at least a couple of days ago) investing there know what to expect so they always have their sell button at hand, in the last week you could see this coin going from 40$ to 300$ in 30 minutes and then all the way back to 44$ in 15 minutes

>>22105446
>>22105661
Thanks for confirming my suspicions that getting in to these coins was a bad idea. It sucks I missed all the potential gains but all this shit just feels like a scam

>>22105817

This YFxxx is a dangerous game, but if you play it well, you could make a nice profit out of it.

>>22105817

The crazy thing is if you invested 1000$ in YFFI the 20th of August, you would have 5 million today.

This is beyond absurd!

>>22104447
i bought at 45 dollarinos, happy i did, still scared af but pretty certain it's no rugpull. telegram channel ispretty good and the community is nice.
devs are ver invested in their community and they're working hard and share updates immediatly. i got in before the coingecko and CMC listing. now waiting for BNB listing.

>>22103518
BUTTER FINANCE


>You missed KIMCHI
>You missed SUSHI
>You missed YAM
>You missed CREAM

people are making life changing money and you call everything a scam. this is your another chance. the next defi gem named after food is here.

Its starting to get shilled on twitter. Are you gonna let crypto twitter dunk on you again? Don't be a retard. Throw an eth.

https://uniswap.exchange/swap/0x79757A614959E2213396CEE721a547467da71020

>>22106071
I genuinely believe YFI, YFII, YFL and even the ugly brother YFV are proper projects, you can identify their team and shit so rug pull is impossible unless they want to end up behind jail, YFFI has potential and i think it will keep growing as long as the YFI project is alive and well, but fucking iron hands

>>22103518
Yield farming shit coins feel like a ponzi to me. Why are these tokens needed

>>22106135
500.000 you dumb fuck

>>22103518
Unironically invest in pasta

>>22106229
Yfv is the best fork out there lol

>>22106229
They also set it up in a way that it's not even really worth it for them rugpull, which is pretty genius.

>>22106135
Think about it this way. It would have been a stupid thing to do. The coin wasn't destined to go up. The market isn't filled with shrewd investors. You're gambling. Even if you win, you got fat stacks but at the end of the day you're a lucky idiot.

it's like there are 250 bitconnects going off at the same exact time

>>22103518
>Can't short any of them
That is the true suffering right there

>>22103518
>while "everyone" seems to be profiting from this yield farming craze
How have you been here since 2017 and not know how to identify a shill brigade when you see one. Some people are making money, other people are losing money. They're zero-sum ponzi pyramids, the end.

>>22103518
Bezos looks like a retarded Gene Siskel.

>>22106298

100% agree, nobody in their right mind would invest even a 1000$ in this, but if you did, you would live the life we all want

>>22106257
all crypto is a ponzi genius

>>22104691
>>2% daily returns
>sounds totally legit 700% annual returns yeah
My jew daddy banker told me 9% a year is the max and he would NEVER lie to me about my financial well being!

in 2020 how does anyone take life seriously anymore. yes we know this is a ponzi shitshow. it's also crowning millionaires. still not the stupidest way people are currently getting rich, so sack up & place your bets.

>>22103572
The classic 83iq move.

>>22103572

I can't get into these YF** it seems like anyone can just fork the code or make slight improvements to steal marketshare and your shit just dumps to the pits of hell. I'm just gonna hold my linkies

>>22103722
ilu

>>22106828
damn that is based

>>22107049
I put 3k into yfii about 3 hours ago. Like a fucking idiot.
Im now hoping the chinks wake up and pump it to 15k. At which point I will cash out with about a grand profit. Then switch to usdt until I decide which to reinvest in
t. Drooling newfag trying desperately to grow a stack.
I just want to play with my airplanes with clown world money, bros..

>>22103722
>Having said that, don't buy anything named after food.
I just bought sushi. Am i fucked?

tfw ive bought all of these nigger YFI clones and then sold them at a loss and now get to watch them moon

>>22106216
>0x79757A614959E2213396CEE721a547467da71020


shits got no volume bruv

>>22107399
I bought YFV at 10 and 13, then it went to 26 and I pulled out right before it jumped to 56. Bought back in at 50 and am trying to find the right time to get out.

>>22106135
>>22106261
24h volume on Uniswap is only $2-3 mil though.

It's early market so they are all competing for top spot

There will probably be one or two that stick around and the rest will go to 0 within a month. I'm holding my linkies, it's been 3 years but I'm not trading any for yf whatever. Crypto is high risk enough, this yield farming shit is like an even faster way to get JUSTED from the wrong choice

A bunch of pajeets making clones of things and cashing out on retarded zoomers. There's a lot of them apparently. Didn't know this many dumbasses existed.
>Fomo into this next big project pls sirs!!!!

>>22107515
be patient, this is gonna get a good leg up, retrace, bounce and then the bubble's probably gonna burst.

gotta check out YFIVE guys, locked liquidity, only 33.000 supply. bought in at 45$, now it seducing the $200 line. look into it and you'll see

>>22107667
Cheers man, was just thinking about what other new FYI clones are going to moon. YFFI growth is insane.

>>22106364
Dude you'd be liquidated immediately
The market can stay insane longer than you can stay solvent

>>22104958
Don't have any shame in your game desu. Link did a x25 over the year and a half between ico and coinbase listing and never dropped below x10 after that, currently x100
We've done the work already

>>22106694
and so are stocks, literally everything in the world is a ponzi. Imagine letting that stop you from making insane gains

>>22107714
loving this. i've been making decent trades, did a x5 in about 2 months. this was a scary jump into the YFI abyss but happy i jumped.

but indeed, keep your eye open for an exitpoint, take your profits and find somethin new or reinvest your initial at leatst back in your regular in hodlcoins.

Reminder. The USD depreciated by 20% in the last half year. It is considered a/the 'stable'. Lots of money wants to move.

Sushimiiii 15x EOW

>>22106272
>Yfv
>>22105293
>YFV
YFV looks like a scam. No team on the page and strange stuff all over. Convince me to go all in.

>>22103518
I'ma make it real simple for u bruv:
money printer go brrr

>>22107922
no, dyor

>>22107922
They've had two audits done and passed both. Don't know how much growth it'll have but it seems like one of the more solid projects

>>22103518
Same minus the bwrxz bullshit

PONZI SCHEMES, it's not hard to understand

>>22104691
The absolute state

>>22103722
>Yield farming is banking without the middleman. 2% daily returns.

>Being naive enough to believe this

>>22107904

I'm an OG Linky that literally sold 1k Link for Sushi with no fucking idea what it is. I'm already down $1500.

How fucked am I? Should I hold to 0? Will I be rich in a week?

>>22103623
by a large margin. its not even close

Im so confused, who is really pumping this joke tokens and YFI whatever?

>>22108823
Retards fomoing

>>22108823
A lot of these joke tokens are governance tokens. Some will be probably be valuable longer term, most not. It's up to the speculators to figure it out. Why don't you join us?

>>22108823
1.5 billion greedy chinese fomoing into ponzis they love.

>>22107922
Best tvl/mkcap in the space

>>22108823
all but YFI will fail. See: POWH and friends.

>>22103572
Based and colonial

>>22104857
so none then?

>>22103761
HAHAAAAAHAHAH WHAAT? lol

>>22110316
Nufags don’t know about the old eth pyramid games and all its variations. Powh was a 200x for me. I was schilling it here early.
I was in the discord’s and schilling everything.
I know for sure at least 2 projects are from eth pyramid games developers. Shit is about to blow up hard. Get your eth out of all this crazy games.

>>22110565
>old eth pyramid games
Bro i still got some jpgs on those ponzis somewhere out there in the vast wastes of crypto.

>>22110666
>>22110565
shit was a funny time. proof of strong body? what the fuck? lol. only the creators started to make money towards the end of the cycle. keep an eye on these defi clones; it will be the same.
i am interested in YFI because andre is legit af though.

>>22111039
>i am interested in YFI because andre is legit af though.
I got some YFV but only one thats legit is YFI. Im liking andre the more i read about him.

>>22111039
Andre got that money printer working.

>>22110666

The only thing he was afraid of was losing his money which of course he did.