/biz/ - Business & Finance

>>23164225
I bought a bag a few days ago, would appreciate if the smoothbrains would stop panic selling after negative rebases.
The chart is looking better though, we should be back in the neutral zone within a day or 2

>>23164297
Biz will be asking why no one shilled this a few days from now when it goes 10x

>>23164451
This, but after it goes 20x

>>23164297
This.

>>23164451
This.

>>23164478
This.

should i sell sta for this?

Lots of stuff coming tomorrow. Got my bag

>>23164697
Absolutely

>>23164697
Statera has a pump coming aswell but with much more hype.

xBTC does literally nothing, rebase mechanism is just to fool people into buying something they don’t understand.

Tl;dr for people who don’t know what it means:
>you own 1000 tokens that are worth $1
>50% positive rebase happens, you now own 1500 tokens - nice!
>but wait, token is now worth $0.66 and your stack’s worth didn’t change at all

That is it. If the rebase is negative you lose tokens but the price also goes up, value of stack remains the same.

People who don’t understand this should not be in crypto.

>>23164697
>>23164809
Do not listen to this buffoon, dump your statera bags and never look back.

>>23164836
Is what I said wrong? You cannot create value from nothing, rebases don’t affect the market cap and that’s why coingecko is now defaulting to mc view with rebase tokens so that new buyers won’t get fooled.

>>23164225
been talking about this for a minute too. need tha safety need tha hedge desu

>>23164894
You came here shilling your deflationary shitcoin.
Elastic supplies are the future, you will see.
Would you kindly buzz off?

can someone explain how xbtc rebases are the 'killer app' of rebases?

>>23164836
i think i will listen to him, he sounds like he knows what he's talking about. not selling my sta for this piece of shit.

>>23165097
Hahaha, good luck champ.

>>23164809

Mans a big fat filthy fag that doesn't understand rebase, yet alone xBTC. The rebase is just to help it stay a stable coin somewhere around bitcoins dominance. Right now $0.58ish. Money is to be made when market cap grows. If you invest at 2 million market cap and own 1% and xBTC catches on, you still own 1% of the market cap when its worth 500 million, even though the price would still be around $0.57. Don't be the dumb fuck buying into AMPL when its market cap is half a billion. But it when its at a 2 million market cap, xBTC

>>23164703
What's happening? Send us ALPHA.

>>23165480
See anons picture above

What is a make it stack? I have around 2k

>>23164809
>peak retardation
I expect nothing less from a statera bagholder
Xbtc is a scam too but holy shit you are a stupid motherfucker

>>23165578
10k today would be lambo territory at 100m

>>23165578
Currently $1.5m market cap. Potential for $100m at least

>>23165861
Oh where have I heard this before?
>AMPL, RMPL, AMPLG, etc etc
Fuck rebasing elastic supply shit coins.

>>23165861

You retards been shilling this since it was above 80 cents. I’d have lost a fuckton of money if I listened to you then.

>>23165247
AHHHHHHH I NEED MORE TIME

>>23165958
I waited for the negative rebase shakeout before entering, looks like it's climbing back towards neutral, and there's some good news.
If you just came here to act smug, I don't understand. There's probably 50 currycoin shill threads up right now that you could FUD instead.

>>23166017
Ok learn from my example. Once an elastic supply coin enters negative rebase territory, that's basically it. The sell pressure above $1 will be substantially higher than the buy pressure. All the current holders have had tokens taken away and want out.

>>23165958
>he doesn't DCA brand new asset classes during dumps

lfg

i need more time plz stop

>>23166059
kek

>>23165963
We literally all have time
>Saturday, October 10th, 2020, 11AM PST (PDT)
Saturday, October 10th, 2020, 11AM PST (PDT)
>Saturday, October 10th, 2020, 11AM PST (PDT)
Saturday, October 10th, 2020, 11AM PST (PDT)
>Saturday, October 10th, 2020, 11AM PST (PDT)
Saturday, October 10th, 2020, 11AM PST (PDT)

>>23165247
So how i can get those airdrops? And does anyone know when new CEX listing?

>>23164225

So, I'm a noob to biz. Came over from pol, trying to just focus on money and family. So I know that I have to buy XBTC on a swap site, and it seems like ETH is the option to make it work with my Metamask wallet I set up. I used Coinbase to buy a little ETH, but it says I can't actually send it out for a week. I'd like to put a 1 or 2k into XBTC (again, I'm an investment noob starting tiny.) Is there a quicker way to obtain ETH, or more direct way to purchase XBTC?

>>23165090
...anyone?

>>23166017

Fud? What’s the fud on what I said you retard? I already said it on previous thread. The best time to buy is when price is within neutral zone of Btcmd. And if they followed my advice instead of xbtc brainless shillers they would be comfy right now. The problem here is dumbfucks like you that lose bizltards a ton of money by mindlessly shilling something they don’t understand.

Fud? What’s the fud on what I said you retard? I already said it on previous thread. The best time to buy is when price is within neutral zone of Btcmd. And if they followed my advice instead of xbtc brainless shillers they would be comfy right now. The problem here is dumbfucks like you that lose bizltards a ton of money by mindlessly shilling something they don’t understand.

>>23167356

>hahaha i’m so original biz look at me.

This is your average biztard. Not I expected much from a literal dumbfuck like you kek.

30k bagholder here, waiting to become a millionaire

>>23166883
STOPPPPPPPPPPPPPP

WE ARE ALL KINGS

>>23165090
literally no one on biz understands what they buy do they

>>23165247
you just reworded exactly what the guy you were replying to said.

rebases dont achieve anything, they’re just stock splits, they have no effects other than psychological ones. there’s nothing actually tying xbtc to bitcoin dominance unfortunately. maybe in the future GC will update the project and figure out a way to make it happen though.

>>23164225
what a piece of shit. it already crashed hahahaha. such garbage such fail muh hedge hahahahahahahahahahahahahaha

>>23164225
literally the most boring piece of shit niggercoin. wow guys out of the hudnreds of crypto's let me pick a glorified stablecoin. WOW SICK GAINZ INCOMING BRO WOW ITS A HEDGE LIKE ON WALLSTREET BRO WOW SICK

Damn i love this kind of retardtalk.

Now i know that i really gonna make it with xBTC.

>>23165768
ELASTIC SUPPLY LITERALLY DOES NOT MATTER RETARD

IF THE SUPPLY IS 1000 AND VALUE $1 IT’S NO DIFFERENT THAN SUPPLY OF 10K AND VALUE OF $0.10

WHY do you people keep saying it matters or that it’s something groundbreaking when it does NOTHING to the actual value. Only market cap matters, nothing else.

xBTC and all elastic supply tokens are like the most basic car you can get with a racing paintjob - looks cool but does not achieve ANYTHING.

You guys can keep calling me a retard all you want but you know I’m right.

>>23168367
Nice fud. Its all about hype

>>23169431
I know and that’s why I have 5k bag myself too.