/biz/ - Business & Finance

10x short term. They have everything setup and working with banks on launch. It's what DMG wishes it could be

>>24588629
yes this is going to $100 eoy

>>24588649
What do you consider short term? It’s subjective

>>24588653
Feels like a moon boy call but I’ll eat my dick if it hits $100...

I’ll eat it because I would have sold before then and I won’t want to live knowing I could have had make it money

15$ by EOW probably

>>24588692
Q1 2021

>>24588817
That would be nice

>>24588828
I can’t hold that long... I have a very short attention span haha

If it actually hits $15, I’ll probably sell out completely and bank the gains

this is unironically the way boomer wealth will flow into crypto.

do you think it's only worth $10m marketcap?

>>24589297
900% in 4-16 weeks is too long. Christ

>>24589765
I'm as trade happy as that anon, but I resolve that issue by having a dedicated "shitcoins today, gone tomorrow" fund. It's a lot more fun and easy to secure profits when I know my long-term bags are never in danger. I'm in for 2.5 eth of this, it's the earliest I've ever been on a credible financial project.

>>24589349
It's actually like 70mil. Minted supply is 10million tokens max supply is 12

to me this will be way bigger project than it seems. i mean it seems boring to us crypto investors as its just 3% annual gains, but its super huge for non crypto plebs, as not only are these gains bigger than you get in bank, they are also insured and regulated by an European bank, not some third world country shit. also the boomers will most likely feel like they are gonna be part of something new and great and will like to be a part

>>24589790
it is not. the coins will be locked for long time to go so for 6 months there will not be a single coin more than it is now. after that I'm pretty sure they wont just sell huge amounts at once

The advisors are A+++

>>24589822
Except the 500k that come onto the market on Monday when uniswap trading goes live

But yes, all the advisor tokens have a 6 month lock up

>>24589822
The point of the token is a 1:1 swap with real equity in the company so diluted supply makes more sense to look at imo

>>24590091
500k tokens added as liquidity? At what price? Sounds like it going to dump hard

>>24590091
They're removing the balancer pool before the uniswap listing and using that for liquidity. To me this honestly sounds like the perfect shitstorm for FOMO on Monday and I'm ready. Just need to roll in with some bots and get it trending on coingecko and it's going full send.

>>24590250
Why fomo? Just because it's uniswap?

>>24590495
because every degen trades off dextools which requires uniswap. so yes just because of uniswap

The advisors....ALL IS SAID

buy as more as u can before AAVE whales start buying this...(financial advice)

With such btc pumping more people try to find good platforms and alts
Recently came across DuckDAO, did you try to play there? Seems like it is the first crypto incubator with a well-build tokenomic.

Easiest money I've made in the last week's
Literal no brainer
They are gonna drop this on Uniswap and it's gonna 5x in a day
Screen cap this motherfuckers

How do I buy? Uniswap pumps and has no liquidity now.

>>24591383
app.dodoex.io

>>24591383
or here https://balancer.exchange/#/swap balancer eth-wcres

>>24590580
They have a literal dog as an advisor...

>>24592134
bullish

>>24590179
Yeah what's going on here? Dump or pump inc

>>24590179
>>24592259
It's just the team adding liquidity to Uniswap, at market price. It doesn't have any particular reason to cause a pump or dump. just allows for easier trading on uniswap, which might itself cause a pump.

>>24592333
Isn't that effectively creating a $500k wall?

>>24592134
a dog with +-250k followers...

here u can check it.
btc early adopter

https://twitter.com/thecryptodog?lang=es

>>24592472
>>24592454
I know I'm just playing lol

more advisors: david gokhstein 200k followers - FORBES
https://twitter.com/davidgokhshtein?lang=es

>>24592333
jeez this is really going to run isn't it

I aped in mainly due to the advisor pedigree and I think it's not well know yet so should do well if it hits Uniswap soon..

Anyone willing to redpill me on it? Very simply. I can't be fucked to read the whitepaper ..

STANI KULECHOV founder and ceo @ aave 800-900m usd mc...


https://www.linkedin.com/in/stani-kulechov-361284132/?originalSubdomain=uk

>>24592134
Hes well know in CT. Not too scammy. Genuine good guy.

David Hoffman

https://twitter.com/trustlessstate?lang=es

>>24592355
Not really due to the way uniswap price curve works. It could dampen volatility in general as there is more liquidity in the market, but I wouldn't say it's a wall.

This shit wont stop climbing

ryan sean adams 37k followers:

https://twitter.com/ryansadams?lang=es

Legit. Picked up a bag

>>24592538
Very simply, on top of the advisor pedigree you mentioned:

-Building a new "building block" token of DeFi, iCRES, which are interest bearing stablecoins based on real world insured assets. Imagine a stablecoin like USDC, which you can trade with, hold, list on aave as collateral and borrow against etc., except it gains 3% interest a year.
-Filling a much needed hole in DeFi, of actual real world value creation
-Have taken $125m of institutional deposits so far

Massive potential imo

thinking of buying 10k

Gonna wait till tomorrow to see what Uniswap listing brings.

Maybe can get it a little bit cheaper

>>24592697
Uni will only drive the price up. Whales are waiting for the liquidity

>>24592744
You're probably right

>>24592697
could be monday, tuesday or wednesday

Balancer sale is for another 48hrs. id expect uni listing shortly after

Posted in the telegram

Pump it anon!

do x100 so I can sneed after, thanks

>>24592945
bullish

>>24592945
plz explain ?

Bought 500eur worth.

Plz at least x2

>>24593218
If its legit it means Wcres isnt another shit coin

>>24593491
what is this conversation ? who is who ? come on...

Damn, I only threw 1 ETH after this.

>>24593558
Same here

The nearest competitor to Crescofin is DMG. Both offer interest bearing stablecoins backed by real world assets.

DMG fully diluted market cap $100m
DMG TVL (value of interest bearing stablecoins): $12m

Cresco fully diluted market cap: $75m
Cresco TVL: $125m

If Cresco reached the same TVL/Valuation of DMG, it would be $105 per token

>>24593613
wtf was that

>>24593613
Smart anon detected

crescofags, we are winning
this is gonna get on the dextools ticker next week.

make it stack?

>>24595034
don't know but it's gaining momentum

this is DMG without the fraudulent used cars
so DMG w/o the failing point
basically boomer wave stuff
BASE, kp3r, API3 have pumped
this is gonna be the uniswap flavor of week

$100 is inevitable

will they be releasing more tokens or is it going to be 700k for a while? also what is the purpose of this like how is it different from a fiat exchange?

it's landing on uniswap on wednesday folks
confirmed
there is still time to accumulate

>>24592571
hi cryptodog, now fuck off

Seems like everyone from Cresco is circlejerking in this thread, list it on Binance and I'll buy one if it were to reach over $100.

the wednesday-not-monday uni listing dip is here if you wanted to get in

Give me some good honest fud, it genuinely looks good to me.

>>24596664
Meant for >>24596538

Honestly biz, i give it to you. Finally for once you managed to find something worthwhile.

>>24593285
Smart

>>24595625
What a shame to put wCRES in the same line with DMG.

is this actually legit, pls don't be some pajeet scam that only does deals in africa.

>>24596870
they're in the same defi<--->tradfi category desu
one relies on overvalued used cars and crooked businesses, the other doesn't

>>24596913
Ok , fair statement

Just woke up, nice to se if pumped up a but higher overnight

Wonder if it will keep going or not... the swings deliver big gains/losses for me right now as I have around 3000 of them

Bit painful to watch haha

WHERE THE FUCK IS MY WRAPPED TESLA STOCK?

>>24597821
the jeet fest starts wednesday 9pm suisse time
this cone will stay on the dextools ticker for at least a week
screencap sir

>>24597821
>Tfw only 300 but you bought at $3.40-3.60 each

I'm actually going to make some money. Merry Christmas anons.

>>24597955
merry xmas anon
happy wcres unwrapping

>>24588629
Ceaseless shilling to pump bags while devs slowly dump. Fuck off are you ready now?

>>24598137
tokens with 100% fake githubs and anon turkish-pajeet teams do 5xes when they land on uniswap
this one is a fully legit, functional team with experience in the banking system, insured by lloyd's of london, etc.
just let that sink in for a minute or two, anon
https://governance.aave.com/t/creating-a-market-for-insured-real-world-assets-and-bringing-institutional-investors-to-aave/1445

>>24597955
Congrats anon. My average buy price was 4.35 I think and we were both early to the party. Only about 500 holders back then came 1000 now

>>24597955
good move. I personally bought at $6 and still feeling very comfortable holding this

Bought today at $8, 10x possible?

Such organic posting, many wow

>>24598516
Long term probably, but not short.

I think there is a bit of price resistance around this level as a lot of people who bought in a few days ago are now 2x and probably profit taking some

>>24598740
reddit tier snark

>>24598740
still early if you got your rupees ready

wtf is this, only 7m mc and stani as an advisor. Plus this fucking real vision interview with raoul pal. For once biz just gave everyone with a brain free fucking money. GJ OP

Why is it so cheap when there is fucking insane shit behind this project? Am i being scammed or what?

>>24600068
Initial offering price was extremely low. They skipped the seed sale and just went straight to the ICO at seed sale prices.

If this were a regular project the seed sale would have been $1-10 and ICO would be $20

>>24600110
What was the seed sale price?

>>24600068
They're trickling it out so as to not create great volatility. They don't want their effective stock price to look like a crypto pump and dump.

>>24600172
there was no seed sale

>>24598740
>2021 minus 25 days
>le reddit doge posting
wow

>>24600068
thats why im wondering too this seems way way too good to be true

>>24600110
okay, that explains some of it. im not really worried about this because this is legit as fuck and actually trying to bring in big investors to defi. they have over 100m in deposits already waiting for the launch.

>>24588629
>Why are you bullish

In a month or less, it'll be 50+ . Also its a part of brining tradfi to defi, its only going to go up

>>24600199
>They're trickling it out so as to not create great volatility. They don't want their effective stock price to look like a crypto pump and dump.

This and >>24600219
>they have over 100m in deposits already waiting for the launch.

Also, the Swiss dont fuck about. I might even convert to straight CRES and get dividends from the company when its available . Feels like wallstreet

>>24600280
I thought the point of the token is that it acts as an equity itself. Or are they all backed 1:1 with shares

>>24600280
yeah honestly seems like a safe short and long term bet. lets see how it performs once its on uniswap.

>>24600607
They will be exchangable 1:1.

wCRES is an ERC token, non KYC that can be bought by anyway.

CRES is the actual equity, receives dividends and voting rights but requires KYC

They will both have the same value, you can buy wCRES and benefit from the price appreciating without doing KYC, you'd just miss out on voting and eventually dividends.

>>24600615
This will bridge a huge gap in crypto. Being insured will bring in a lot of old money who are on the fence about magic internet money

>>24600759
yep, hopefully some of the pajeets who got in before me dump so i can buy more cheaper before the uniswap trending

This is like getting in on what would normally be 1st round private sale prices right now. I fucking love these swiss bastards for such a fair launch

>>24601131
there are no pajeets in this right now. Normies can barely buy BTC on Binance and defi brown people can't buy anything without uniswap and "muh dharma" or whatever proxy indians use

I'm in.
Looks comfy as fuck!
Over 1000 addresses now.


What's a make it stack?

>>24601220
dammit, well i got myself a nice bag already so if we just go straight up its fine too

>>24601574
I'm hoping it's 300 as that's all I could afford right now :P

$12 is the target before the correction. Next stop after that will be $20.
I don't see it going much higher than that in the short term at least.

>>24601891
Define short term? Do you mean within the next week or so?

>>24601800
MFW I aped in about 36 hours ago and bought close to 3k tokens

Was a top 40 holder, now about to be pushed out of top 50 :(

you guys think this will stay below 10 tomorrow? my fucking back transfer is taking forever i could only secure 99

>>24601891
>I don't see it going much higher than that in the short term at least.

This post will not age well

>>24602295
Lol I only have 175, but I'm still happy. If things all work out I see $16 in the near future. Just don't dump on me anon!

>>24602801
Haha nah once it’s on uniswap there will be a ton a volume

Plus pic related explained the token sales in a different way, essentiallyi got into the presale/seed sale (which is still happening) so perhaps this is the floor and there is a lot of growth ahead

I’ll probably sell some off if it hits $16-$20 to take profits

why is the price impact so high on uniswap

>>24603152
no liquidity yet, that's coming Wednesday

>>24603194
cool

>>24603052
Good looking out anon, hope you make some spectacular gains.

AAVE whales are going to pump this shit to 100 usd.

Watched this go up and up and up, only got 800 because of my waiting. Got justed, hopefully it goes up from here.

This guy just said in TG he's the 26th holder currently. This is the ultimate bull signal if true. Time to be on the winning team in dodgeball lmao.

>>24603152
just buy on balancer anon
the liquidity will be moved to uniswap on wednesday confirmed 3pm EST

>>24603694
Hopefully his nephew will share the wealth on biz some day

>>24603694
based moishe
watercress coin 25$ EOW

>>24603702
fuck i already got in on uni

>>24603916
autistic move anon

>>24603947
oh shit im actually retarded, i just looked at how much I actually got

>>24603979
how big was the justening?

>>24604044
like 10% fuq, guess im holding until wednesday

>>24604079
i got justed a few % on balancer, it'll be fine if it is meant to moon it will if not we were fucked anyway.

>>24604079
fuck off this is a long term hold!

Fetched from telegram:

-- WCRES can be converted to CRES and is an ownership with voting and dividend rights. not just utility token that most proj. do today where you stake, you get millions of tokens but token value keep going down. WCRES gets bigger real world value over time as business brings in more income.
-- CRES offers a fund with an ISIN for institution to park their money at 3% while others give close to zero or negative rates. Institution needs cash for liquidity (this soon will be available to individuals so you will soon pay using your crescofin savings account and still earn 3%) - and this is insured by Lloyds with no max limit.
-- CRESCOFIN is fully registered and regulated under Swiss law.
-- This is a non-anon team with awesome OG advisors. (from Stani(Aave founder) to most handsome David G) (page 32)
-- This has already an earning business model of buying receivables. (lesser risk than traditional lending)
-- This has already $125M in management. (as of the whitepaper writing, maybe more now)
-- $12M total supply ever ( current circ supply is 900M)
-- DONT buy on uniswap yet -- not officially on uniswap yet which still has low liquidity and not yet official, you can buy there but "DONT", buy on DODOEX or Balancer. (yes your token can be traded on uniswap later) currently planned liquidity on uniswap on Dec 9, 21:00 GMT
-- Yes you are still early, Dev forecast Market cap is $1B the first year which translates to $83.34 (they can easily sell this to VC for that price but didn't to give plebs like us a chance. (page 4)
-- Yes you will remember this day how you found this gem years from now when you're on your Villa by the pool sipping your fave drink. good luck!

>Dev forecast Market cap is $1B the first year which translates to $83.34 (they can easily sell this to VC for that price but didn't to give plebs like us a chance
You are unironically getting scammed. Think about what you just said. A bank is just gonna throw you a freebie for the heck of it

>>24604695
well im 2x on my scam

>>24604695
Im currently 2x on my "scam"

>>24604711
Cool unrealized gains kid. Youre still a retard if youre buying this crap

>>24604824
thank you sir

>>24604617
$83.94 isn’t buying anyone a villa unless they have like 20k of these which would mean you are a top 10 holder

We’ll make money, but not villa money unfortunately

>>24604695
How is this any different than a company listing on a stock exchange at a low price before it rockets up?

>>24604961
In at $6 out at $80 in a year is still pretty fucking decent. And that's the first year. If this catches and gets wide financial market utilization? boom.

>>24605316

I'm excited to see the businesses that start using it. Apparently it is being used for paying telecom invoices initially, would be cool to see physical product and Vechain integration...

>>24604711
>>24604742
Samefag just outed himself
It's over for your pathetic shilling attempt, you really did try to make this thread look organic. Fucking pajeet scammer

>>24588629
is it weird to anyone else how most of the crypto space has become absolutely infatuated with institutions and government regulation? just buy stocks and wave a star of david you filthy consumers

>>24605994

You will die broke and/or alone and/or homeless.

>>24606043
>no, you can't just have security, you should buy poop.finance and farm shithole.flush! Look, an autistic russian is teamed up with a pajeet!

if you actually want financial cryptos so be adopted by financial persons, you should be excited for this. Force the banks to adapt or get run over.

>>24606043

It is not so weird when you realize it is because boomers are complete and utter disgusting greedy pig shit with skin, who have decimated the west in exchange for short term riches.

The only way to get large amounts of money into crypto is to get boomers to put their money into it.

>>24605788
that pupper is gonna have a bad day

>>24606206

He's just chewing it and spitting it out to get a buzz lol.