/biz/ - Business & Finance

>>26434678
Total scam. Don’t buy
4 BILLION tokens will be released in June. The supply will 4x maybe buy at .05 in July.

>>26434678
Im making stupid money from delegating rn, if they dump billions more then ill buy a shitload and delegate those too. Then when it goes up to .5 again because of course it will ill be making triple what I'm making now off a """shitcoin"""
>>26434740
Dont listen to this kike.

> newfags plans on holding a shitcoin for 6 months
> he isn't jumping from shitcoin to shitcoin for guaranteed 2x, 3x moons
ngmi

>>26434678
hello, i am a big programmer in this space. I have reason to believe GRT is going down in price, and fast. Also soon, the decrease will occur.

I have it on my mind to tell you to sell now, or regret later. Why not save money? Instead of waste it. The common sense on this is irrefutable. Sell GRT today, and now.

>>26435246
Thanks just sold

>>26434980
If all 4 billion are staked, which will 100% not happen. Your rewards will be diluted to shit. You do understand the indexers are currently being paid with newly minted inflation tokens right? Once more sub graphs move to mainnet the indexers will take 80-90% of the query fees. Most indexers have low fees now to lock you in as it takes 28 days to undelegate and $50 in gas.
If you don’t see any of these as issues you are fucking retarded. I did a lot of research and decided it’s a bad time to buy. Once again this shit will go to 5 cents once the supply 4x’s. Buy then.

>>26434980
I dont have enough to delegate so honestly im thinking about not buying anymore until the big dump

There are dozens of GRT threads on biz every day but nobody has responded to this FUD. I don't care about the % of tokens being delegated or your deluded fantasies about how VCs won't dump their 100x bags instantly. The market cap is going to increase 1000% overnight. That would be 7 billion today. You think it's going to pump more than LINK? This is a short term trade and nothing more. Cool project but the potential gains are better elsewhere

>>26435334
You won’t get an answer because the shills don’t have one lol

>>26434740

whats more valuable than a dump that you know the timing of. even if it doesnt dump ppl will still make big gains

>>26434980

>>26435334
wow thanks bro just sold. what should i buy instead? more link at $25?

>>26434678
Already priced in

This weak FUD got me excited. Bought more, never selling.

>>26435605
I wouldn't recommend LINK either

>>26435609
yup

>>26435334
you're right, there has not been even ONE valid counter-argument to the supply FUD. you are doing god's work by posting this. I just sold my 100k stack of GRT. Thanks anon

>>26434678
>>26434740
TOO LATE TO FUD NIGGERS YOU MISSED THE DIP AND WE PUMP NOW

>>26435670
thanks just sold my link too

>>26434678
Yawn. Just bought 2500 more. please do the needful and KYS

Ath within an hour? 4pm pst atm

>>26434678
>DEV will extended lock up 4 billion
Wut den ballhead?

>>26435708
The valid counter arguments do not address the unchangeable fact that the market cap will jump from 700 million to 7 billion overnight. Then what are you left with? A 2x would make it the rank 3 crypto. With only 20k wallet holders? Not going to happen

>>26435833
exactly. The Graph is a jewish scam

>>26435292
Nigger I have already made 150 usd in delegations, who cares about the gas. The slash is more important but you are to dumb to even talk about that.

>>26435862
it's not a scam. It's actually a really cool project with pretty cool tokenomics. But it's not a good long term investment.

Someone said this thing pumps on weekends? Is it true? Should I do the selling Sunday and buy back in later in the week?

>>26434678
not how it works. please learn how to read. do your own work and research faggot.

you wanna know another token that had a similar token dump? Harmony ONE. That shit pumped and dumped hard, now it can barely reach a cent because of their token dumps.

Chainlink went 100x through "dev dumping" fud i swear you faggots just refuse to learn

>>26435968
After the token dilution In 5 months the market cap of GRT will be equal to Chainlinks. This isn't a 30 million market cap coin dipshit

>>26435047
sure kid, I've spend more in gas fees this month than you will ever hope to gain off of crypto. kys, nigger.

>>26435685
If it was a secret, like this was a big leak or something, I'd be worried. But actually it's known, and scares off normies like OP, so it's probably a good thing

>>26435670
Lmao why cause you want more people to buy your shitty rubic pajeet?

>>26436021
Don't worry, I'm just lurking now since it was impossible to lose in 2017
> staypoor

>>26436020
Chainlink will be 50B cap by then and GRT deserves to be top 10 in any case. The idea that the token distribution wasn't completely priced in from the moment it launched is full on retarded. The only people it scares off are total newfags who think they have figured it out by punching muh market cap into a calculator

>>26435862
>>26435886
>>26436021
Look up the founder of the Grapht. He's a joo. and a former member of the IDF. If you trust him then you really are a stupid goy. Even these 'Gas' fees you talk about is like the kike making fun out of you. fuck you and your gas fees, ur a sucka

>>26436609

damn this anon really thought this through gonna sell

>>26436609
>joo
ok this is actual FUD for me

Can someone link me to proof of when the token dump is supposed to happen?

>>26436218
newfag pretends that 2017 was OG. get rekt nigger.

>token dilution scheduled at a given time in the future
>not already priced in
are you dumbed?

>GRT will be a part of the critical infrastructure in the new internet
>uhhh noooo more tokens weak FUD
iyok

>>26436720
https://thegraph.com/blog/announcing-the-graphs-grt-sale

reading is fundamental.

>>26436720

We either have a predictable dip in which to buy more GRT or they don't dump and instead stake, its good for GRT hodlers either way

Can someone help a noob. I sent some 800 grt from coinbase wallet to coinbase pro app. The transaction has been pending for over 24 hours now. Here is the hash

0xf50d8a7f9640e08ab93101a864a8c214ca8a3b4de0cca5e8cc74eccf88b2e7fc

Thanks in advance if anyone can explain to me what's happening. Have I lost the grt ?

>>26436964
Is that some bullshit where if it moves more than 5% they freeze it?

I don't use coinbase so don't know

>>26436964
>using coinbase

bruh...

BUY BUY BUY BUY BUY

.80 Sunday evening

>>26436764
> he's still poor after gambling in 2017
y i k e s

>>26436964

>>26436964
No idea mate. I've always found the transfer instant. Probably due to large amount affecting price, yes, contact them. It's coinbase so they have a support team. Also did you use the coinbase transfer function thingy or send to an address? If address I suspect it may be slower.

>>26434980
How do you delegate it? Would you have to move it off binance?

>>26436964
20 gwei, u be waiting for years. sorry for your loss

>>26437470
Also interested, someone explain delegation

>>26436699
>thinking a joo is going to pump and dump and not go for the maximum long con by setting up the big data monopoly in crypto

>>26437368 cheers. Was sent to the address rather than the transfer function

>>26437501
Think its this gwei shit. Can I cancel ?

Dey bloodclot BURN it!

Burn it, blaze it, chief it, spark it, light it, rip it, snap - reload it. Vape it, flame it, box it, bun it, bake it, cheech it, chang and zoot it. Choom it, hit it, loak it, puff it, toast - re-up it. Deflatin' it.

Gotta admit these bags are getting pretty heavy. I bought at 30c but I definitely plan on offloading my stack as soon as we’re back at the 75c range. The tokenomics just aren’t there for this project for me to see this going much higher, even long term. These tokens need to stay cheap by design for the network to function properly, which is most likely why devs plan to release the huge supply (10Billion) over time, to maintain the stable low cost of the token. This is a great, if not one of the best blockchain projects from a technical standpoint but its functionality just doesn’t translate to a profitable investment.

>>26438394
No dogheart: put clothes pon yuh argument! Dis be politricks poppy-show. Why ya no chant dis last night? All time high. Chillum.

>>26438642
BOMBOCLAAT

>>26435246
Rajesh plz

>>26438093
Try to cancel, maybe ask coinbase first for advice? That is a low gas fee. I used coinbase internal transfer and it was instant. Good luck and I hope you didn't losed it all.

>>26435334
>>26435708
>>26435833
>>26436934
>>26438394
>> muh muh same 10 billion token fud in every single GRT thread.

You want the full counter? read the pic.
You weak paper handed lil limp wrist bitch bois

Demand is going to skyrocket and supply won't be able to keep up.
10 billion tokens is nothing.

>>26436609
Anon I'm a racist white male.
>That means I never bet against Jews.

>>26438394
>the tokens have to stay cheap by design...

Elaborate? Or this is just fud

>>26439197
cope seethe and dilate

enjoy your 7 billion market cap overnight lmao

>>26437673

https://stakingfac.medium.com/the-graph-staking-guide-5ec1455f4783

>>26436781
>not already priced in

Newfag here. Are you just setting up a buy order at a certain price or is this something for early adopters?

>>26439550
i'm getting paid enough to never have to work another day in my life.
right now.
before all 3400 subgraphs are transferred over to mainnet.
before web 3.0 and millions of dapps are running on this protocol.
before all Major L1 blockchains are using the graph to query blockchain data.

I'm comfy af, fren.
You're the one who's seething.
but it's still not too late.
It's still under $10.
buy now or stay poor forever.
Your choice.

>>26439778

by already priced in he means that the dilution which will occur in ~5 months is already accounted for in the current market price. But that is assuming 100% rational market. He's probably right to an extent but the reality will be somewhere in the middle. Hard to imagine there won't be an anticipatory dip once we get closer but who knows I'm just a brainlet on biz

>>26437761
He might, it's really weird that the symbol is a merchant too. Is that dispelling karma or something?

>>26439830

hey anon I saw you post yesterday. Is it worth delegating with my meager 550 GRT? I'm gonna hodl the fuck out of it and probably buy more over time so idgaf about the freeze. It's just the one time gas fees to get it going and picking a good index right?

>>26439197
nice, I needed that.

But it having a monopoly, can't someone just build something similar or use that? There aren't really patents in crypto right?

>>26440239
good luck to any competition trying to catch up when the graph is 3 years ahead and all the biggest projects in defi are already reliant upon the graph to function.

>>26439474
It costs GRT to execute a blockchain query. Imagine you had to pay a dollar every time you made Google search. Now consider app developers that need to perform 1000s of searches per day. Do you think devs would adopt The Graph if the token cost more than a dollar and had to pay hundreds of thousands daily just for a blockchain search function that they could perform themselves with just a bit more inconvenience?

>>26435624
this is the fakest pajeet level fud holy shit. are these discord idiots even aware how obvious their collusion is? hillarious shit.

Yea the 500million dollar token is totally refuted by two sentence fud. Oh did we mention it got here just under two months on the market? this must be some kinda pump and dump scam??!?!

CMON GUYS AMIRITE? LOLOLOL

>>26436609
if a token is a gaggle of pajeets then its usually a sub 20mil token pnd

but here we are at 500million mcap and its got that joo money behind it?

WHO THE FUCK IS BETTING AGAINST THIS IN THE SHORT TERM. YOUR RE-FUCKING-TARDED

>>26438394
Literally saw these exact posts back in the 50c chainlink days.... I literally never bought because of fud like this. I coulda been rich. Not fucking up again with GRT

>>26440894
couldnt they lower the cost of a "search" to a fraction of a graph coin, thus lowering the cost but making it a profitable investment aswell?

>>26440098
He's not going to answer you. The inconvenient truth about his whole GRT scheme being that it only promotes the ones with the fat stacks. Meaning the little guys (i.e you) will never get a reasonable ROI, and you'll be paying transfer/exchange/gas fees out the ass with little to gain in return, and big chances are your investments will get drowned out by other delegators with fatter stacks who you'll be sharing an indexer with.
Just stick with regular investments (like in LINK or ETH). I already regret putting in 1000 GRT, and now I can't take my funds back to invest in something else before the 28 days are over.

I'm going to hold. I'm going to make a bet that given that this information is already freely available, the price already accounts for this information. In addition, this signals that developers are willing to spend this price for indexing.
Also, I wouldn't underestimate the "minor inconvenience" of searching and indexing given that in the real world there are companies that provide spurious services like "consulting" that are worth billions. Maybe it's apples to oranges but I think the fundamentals of GRT are at least half decent.

>>26441523
>Just stick with regular investments
There’s LITERALLY already LINK boomers what the fuck

>>26436609
>He's a joo. and a former member of the IDF.
You know exactly how to make an anon nervous, though it could still be legit. They are known for their low time preference as well as their scheming ways.

>>26441523
Even a 10k suicide stack gets you 170 GRT a month which even now before the price has exploded is worth $100 on a decent indexer. And you can buy more and delegate that as well over time. It's a long hold for sure. Unless you have a huge stack. But it's still ROI. Even with the low sub $1 price point.

>>26441523
If you regret having $560 tied up for 28 days, your advice means nothing to me

>>26441585
but anyways I'm hoping this 4 billion dump will result in at least some price drop so I can grab some more.

>>26441176
Thank you for helping me keep iron hands man!

>>26441605
LINK got pumped today
>>26441633
You still have to deal with gas fees and all the transfer costs. Not to mention the 28-day lock that you have to deal with. Still not worth the headache in my opinion.
>>26441807
Good for you, but you still haven't contradicted my point.

>>26441969
it will dump down into the $1.90 range for a couple hours

>>26442071
>>26441176
Im holding. We are all holding. This will pay off, and we are going to make it.

>>26442122
Based

>>26434678
It won't even dump it will moon once the tokens unlock and people realise they aren't gonna be dumped. Check what happened to Solana recently with their unlock.

>>26441403
yes, cost to query is literally determined by the indexer. If the cost gets too high then devs will query elsewhere, this will keep indexers competing for the most efficient returns.

there is so much fud in this thread that's been debunked in the other grt threads, I can only believe it's intentional to keep the price down while bags are being loaded

>>26442766
>keep the price down
>satoshi value is almost ath since the original pnd
yeah ok, I’ll wait for the btc pump and rise in dominance for the dump to buy in

>>26442766
You post a cute girl so I will keep accumulating. I have 7K delegated and will buy during dips for the next few months

Callin moon in next 90min. At least ath. Before midnight eastern. 0 grt here. But I see it.

>>26442122
dubs confirm.
maximum comfort.

>>26434678
I have corned an Indexers rewards with my stack. I am earning 75% of their rewards. I’m sure they know I’m just one delegator but all other delegators don’t know I am one person. I feel like I’m stealing

>>26440098
you can expect 20% apy right now if you pick a good indexer, regardless of how much you stake. Do your own calculations on how long it would take to cover the gas. I delegated 1.7k to test it out and estimate a 23% return BUT expect that to fluctuate as the network matures.

Bottom line is it's compounding on top of whatever grt gains in value. If you believe in what the team is doing then get into a good indexer now before they hit capacity. You can delegate other stacks later (and that's the smarter thing to do anyways).

If you don't believe or understand what's going on here, then sell.

>>26443219
I thought you only had to pay the gas fees once you delegate and undelegate. It's monthly?

>>26442151
I just wish I wasn't masturbating and only glued to /b/ for the past 13 years...

>>26443269
No. Your first thought was correct, you can just let it sit there. The GRT burn is also only when you delegate.

>>26440098
Delegate and walk away. See you in 4 years(but check up on your indexer to make sure rewards cut % hasn’t changed your APR etc.) don’t worry about this bullrun. Think 2025. Keep buying and delegating.

Graphies can someone post the sticky so I can share it for later? I feel like I'm repeating a lot of the same information lately.

>>26443192
what ? what does it mean?

>>26443352
This, delegating is not a fire-and-forget. You should keep an eye on your indexer (this is intentional to ensure the most trusted indexers get usage)

>>26443192
what's your apy estimate? Curious if having whales holding the majority of an indexer's capacity really 'corners' the rewards

I'm actually more qualified to talk about this than most anons. I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like The Graph, if the decentralized querying network space had more value over traditional search engines. There's a catch though, an underlying flaw more deeply embedded in the bedrock of GRT than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

>>26443804
Hmm, an interesting thought anon. I'm the devops guy from the other threads and I'm genuinely interested in the more technical discussions, so not being facetious here.

If you're referring to non-blockchain data I agree - that's a major hurdle grt would have to overcome to go beyond defi. My counterpoint would be that over time we've seen more and more trust placed in cloud resources instead of on-prem for data storage. Given the inherent security of blockchain transactions, where do you think the differences will be in reception?

>>26444130
if i may ask a question please,
in every grt thread there's an argument about AI
is there currently (or in development) that is a competitor of the grt main concept but using AI?

>>26435609
No it isn’t, everyone is ignoring the fact they are going to dump supply.

>>26444639
You can say this about literally every single coin. Horrible, horrible FUD. Do better.

>>26444639
the price ignores nothing
P R I C E D I N

>>26444536
AI is kind of a buzzword that can mean a lot of things, so I might need some more specific context. My general rule is that most "AI" being touted rn is a lot of smoke, mirrors and overfitting, and should be scrutinized accordingly.

As for AI figuring out how to organize and index data, good luck for at least another decade. There's a reason why data engineering requires so much human insight to make sense of it. Almost all data generated today is an absolute fucking mess and completely unstructured. Even advanced data cleaning 'AI' (thinking GCP dataprep) is super-limited and thinks between the lines, which it's way more efficient to organize data programmatically for now.

I'm drunk and getting off subject. Is it possible? Sure. But it would have to be an exceptionally robust model, far beyond anything seen before. AI could maybe replace the role of an Indexer in GRT's, but you have to keep in mind the trust-based system they've got going to compete for queries. Even if it's AI competing against eachother (a really cool adversarial idea), the underlying ecosystem functions the same way.

>>26444536
shit sorry, to actually answer your question, as far as I know not yet

>>26445100
>>26445134
thank you anon, even drunk great answer
I'll hold my bag comfortably for years

>>26445737
glad to help anon, cheers

appreciate the questions bc its making me think critically about the project, which is always good

gonna go play some tipsy vr now