/biz/ - Business & Finance

>>26478043
I literally bought the top

>>26478043
>onion

BAOTASTIC!

How high is this shit realistically going to go?

those are not onions, that is Chinese pudding

>>26478741
2-3 cents

>>26478741
Mid term this can easily reach top 50. Once we get xdai integration this is going to mars.

BAO is nowhere near the top right now. It is still early. Keep accumulating boys and get financial freedom.

>>26478113
we're just getting started tard

It's a bun you fucking nigger

>>26478894
top 50 kek. ground yourself, retard

>>26479253
lol thats what people used to say about sushiswap

>>26479253
>he doesnt know

>>26478894
if this reaches top50, i'll eat my cum

Did the sushi integration already happen?

>>26479368
yes. people are cashing out so price is freefalling rn

based food coin yes

>>26479205
Half a million DOLLARS in liquidity removed... big dump incoming.

I'm a bag holder now..

>>26478043
It's correcting atm. Buy geyser ez swing. It has 1000 apy and has been audited

>>26478043
Why didn't you sell the top? And bought the dip?
You think money just goes up if you don't sell your cheap bags? Then you could accumulate again.

I have 5 mill bao and its all being farmed at the moment. Am I fucked? I hear I can't touch it for a year?

>>26479822
Elaborate scam to keep the floor up so they can pnd your shitcoin value to the ground.
Sorry homie.

>>26479822
yes ,and you don't get it all back straight away

>>26479938
Fuck.
So I would've been better not farming this shit and just holding?
Would've been around 8x up by now

>>26480226
No you would have been better selling the top, taking your gains and monitor this pnd to see if it can go back up and you can profit more.

CRASHING

>dumbass chinksects dumping their bags instead of just letting it ride back up to .0007 naturally and selling at greater gains.
Glass asia.

shit bros, should I dump my bags?

>>26480544
27th is the big day when it launches on sushi
the price movements now are irrelevant

Tryna sell some Bao but when converting the amount to ETH it show's 0. Would you be able to help anons?

>>26480835
Try adjusting the slippage and maybe putting in some of the ETH numbers yourself to 'update' it.

It's a bit slow though.

How low do you think this dip will go? I'm waiting for a comfy time to buy back in.

This seems like the first shitcoin I've seen that has an actual use case and a healthy ecosystem. The whitepaper is sexy.

Is farming worthwhile?

>>26478043
>onion
Based af, many yous

>>26480925
Thanks will give it a go now.

I've been in since 0.00013 & just gonna pull out initial amount. I'd say inbetween 0.0006 - 0.005 seems to be strong.

I agree, an exciting project with still alot of potential growth.

I haven't farmed desu but waiting for xDai to do so.

Thanks anon

Damn bros we're crashing hard

Not dumping like this its not
PIECE OF FUCKING SHIT

>>26481287
More BAO's for me. It's not a not a crypto these days without a few curry nigger pulls, don't worry about it.

If you go into shitcoins DEXes and not ready to swing you have to be ok losing money on your screen.
This all seems like the team vehind rubic and r3fi have also been in DAO.
Enjoy the freefall.

>>26481358
I sold my XMR for ETH to buy more when the time comes. Got a prediction of when it'll bottom out?

where is that faggot that was saying $1 EOY. kek get dumped on and fucked

>>26478113
>the top

>>26481380
this is a one man project funded by SushiSwap

>>26479822
Only the farmed tokens are realesed over 3 years with 5% unlock from the start. Unpairing is all yours

>>26479253
Can't reach the moon if I'm grounded though

>>26481287
Anyone who's been in and farming for at least 2 weeks was on their hands and knees praying for a dip. IL's for us whale stacks have been killer, of course weve farmed more BAO than any of you swingies will ever own, but IL was rough. A pullback of another 50% would be ideal desu, as all the nufags would exit and my farming rewards would go back up. Another 50% would only put me at 5x, instead of the 10 I'm at now, but the pros would outweigh that short term loss.

>>26478806
serious? this year?

>>26481439
I am talking about scammers external to those projects.

wtf does bao even do? what a retarded shitcoin

>>26481638
I see. From my point of view the BAO spam is fairly new and is related to the fact that it will be listed on Sushiswap on the 27th. Some are in it for long term holding and farming however. I'd ditch if anything like the discord PND screenshots that were behind RBC showed up.

>>26481734

https://baoglobal.io/data/BAO_whitepaper_en.pdf

Read the whitepaper anon

I'm seeing the first green candle - buy back time?

>>26481734
It pumps and it dumps.

>>26481775
In case you’re not pretending to be a retard, that’s the wrong project.
https://bao.finance/

>>26481883
Oh wow, people buy this thinking it's not a scam?

>>26481983
It's being financed by Sushiswap

>>26481775
RETARD
STUPID
NOT THE REAL COIN

>>26482057
sushi is a scam

1$ EOY mark my words

Do I need to do anything whenever the xdai thing happens or can I just leave my current staked bao alone?

>>26482116
pure delusion

>>26482116
Fuck me that would be nice

>>26482142
You CAN leave it alone, but your rewards are going to greatly reduced. Youll want to move over after xDai anon. But dont worry there will be plenty of guides and you can still comfy farm for the next month.

>>26482100
A $6 a coin with functioning product scam just like my fucking bank with $70 a share, shit product and usage fees is also a fucking Jewish scam that's over 50yrs old

>>26482142
BAO-ETH staking will be up till 1st of June, so... you can leave your ravioli alone till then

>>26482116
I'm on the XRP 2k EOY train and even I don't think BAO will hit 1. More realistically we are looking at 0.03 EOY

>>26482116
3c end of year and thats not a bad thing

>>26478043
$90 fee to stake. literal how does this make sense and will it go down soon?

>>26482116
I still wouldn't make it, fml

>>26482116
the market cap would be fucking bigger than bitcoin

>>26483019
Stfu

>>26478043
yes

>>26481734
This is distribution phase)ICO and anyone selling now or thinking this is a pump and dump needs to read the documentation. This will create synthetic assets for Uni/Sushiswap.

"None that's the point of synths, they are collateralized by different collateral and act similar to the underlying asset but don't represent it.

And really the power of synths isn't in tracking stocks or things that already exist (that's what most people think and its boring). Really if you want a stock you can go buy a tokenized stock.

Whats cool is the power of synths to make financial markets that don't exist today. Like tying a price to the unemployment report, that people can buy and sell.

Because then you can imagine a world here you could predict accurate data through data markets better than any analyst, or a world where people's compensation can be tied to other events. Imagine if politicians started getting paid in synths that represented inverse-unemployment numbers, their regions GDP, and a happiness index of their region. They'd be pretty motivated to solve those problems stuck_out_tongue

People think of synths as just making synthetic versions of what already exist. That's a market worth billions.

But with blockchain tech, what is more interest is making markets that couldn't already exist. That's a market worth trillions."

From the dev.

>>26482902
>$90 fee to stake. literal how does this make sense and will it go down soon?
already is going down.

>>26478043
>American education

>>26482116
retard get dumped on.

just bought another 2.5 million
my waifu said it looked cute so we picked some up

>>26483298
You do realize there were threads here daily of BAO for the last 2 weeks at least, when it was below 10k. Its now at 55k and weve been farming this whole time

>>26483198
And he is going to develop this by himself?

>>26483737
What's your point? It went up 100% and down 100% in 24h, if you didn't sell the top you're a retard. it's probably a good time to buy back btw.

>>26483895
Sushi and YFI are helping the project, and BAOman already hired some help. Youre not too late anon.

>>26484576
Im farming more than your swinging daily kiddo. Im not swinging shit.

>>26484661
Did you farm 15 millions today?

>>26484752
No, and ill admit I was wrong after you post your buy and sell.

>>26484796
I don't want sweaty nerds on my back. But there was a 30% swing and three 20%. The scammers usually have a 20% margin so it's easy to predict when they'll do it.

>>26484612
Where is the info about YFI helping? If these are both true im selling my uni airdrop for this

>>26484576
this isnt practical for us farming folk you dumb tranny

>>26486012
>farming

LOL

>>26478043
Non an onion, anon. A dumpling. Also:

https://en.wikipedia.org/wiki/Onion_Futures_Act

>>26478113
It's ok. You still made it on time.

>>26483477
She's right. Bao is the cutest

>mfw poorfag
>wanting to get into BAO before the party& leaves me behind
>drop the only extra cash I have on ETH (Only $130 worth, see previous: poorfag)
>get on uniswap to buy
>$90 gas fee to buy BAO

Goddamnit, is this the typical fee? Should I save up more and wait for the next coin like BAO to come along to get in? I know BAO is going on Sushi in a few days and I feel like that's when the massive dump will happen and I'll have missed the mark by then. I guess I didn't realize gas was so goddamn expensive. Is that the normal fee for a standard transaction?

>>26485923
Sushi was brought into the YFI fold. They then brought in BAO, put it on SUSHIs roadmap at a 3m cap. We made threads daily about this, and still retards couldnt see the forest for the trees and spammed the board with rubic shit for a week straight.

HUGE DUMP INCOMING. NO SUPPORT.
LOOK AT CHART.

>>26487095
Are you the same larp from 2 days ago crying "DUMP IN 30MINS"?

Was farming this a mistake? If I had bought this last week instead I'd be up 4x.

>>26483895
He doesn't need to, it as developed for him already. He's corking different projects and combining them together under a different umbrella.

>>26487219
im starting to think farming is pointless. you dont get the total return for 4 years. god knows what will happen by then in the crypto world this will prob be useless

>>26482516
its never getting over 0.006

>>26487476
>playing reverse psychology with the universe

>>26478043
If anything is making you a millionaire its Tokamak

>>26486520
aped in with 2 eth

>>26487654
meant for
>>26486171

>>26487426
I would have made more just trading BAO.

When's the next pump, guys?

>>26478043
shill me this shit
what it do

>>26487853
Ah fuck, I forgot to remove the name
my b

>>26487095
Im up 10x and farming more than you're swinging. Why would I even care if it went -50%? Read the fucking devs docs and articles. Its a farming coin you degen chart-starer

>>26487069
Wait. BAO is on the sushi road map? Holy fucking based.

I am throwing my 400uni at this

BAO is in the Coingecko recommended searches now. THIS IS YUGE!!

When's the next pump?

>>26488460
justsaw it
its pumping now

I have 1 million bao, how rich will I become this year?

>>26486520
I traded some bao on uniswap for like $12 gas earlier today, it just varies depending on the time. This is like the peak hour right now

>>26483198
imagine some billionaire shorting those markets and paying some politician to keep going business as usual

MOONING
>>26488526
NOW

>>26488526

>>26478043
I think the reality is yes, but you will have to have truly diamond+++ hands. Bao, right now, is a lot like discovering ETH or LINK very early on.

People are still vastly underestimating the potential explosion of DeFi alts. I think the next alt season is a little while away still, and that it will be pushed by the next generation of DeFi coins. This is going to do to crypto what smart contracts did, but exponentially. I say that because DeFi has an immediate use case, whereas smart contracts are still pretty niche. The average idiot can grasp DeFi.

Anyway, if Bao delivers (and it clearly will), its marketcap is headed straight into SUSHI, SNX tier territory. Synthetic assets for top dexes like SUSHI and UNI is a truly genius idea right now.

I know there is a risk that it was all started by one blessed Anon dev, but so was Bitcoin. I think the Baoman is on to something big.

>>26488990
>>26488963
When so I sell?

>>26489155
Ask that on the 27th or a bit after. Price should explode then because of the Sushiswap listing.

>>26488526
now

>>2648918
Odds are it's gonna crash hard again before that though. I would like to take some profits along the way.

>>26489225
meant for
>>26489181

Where can I buy this with fiat?

buy signal in..

>>26489264
>>26489225
Disagree. I think we'll have ups & downs but overall there are many people like us who are accumulating this due to the speculation regarding the 27th.
>>26489650
Heh retard

missed the facking dip
hopefully 1.1 mill is enough

are we looking at a double top or a cup and handle?

>>26489881
neither
this is the new bottom

>>26489755
Whats the rumour?

>>26490009
BAO was created for Sushiswap and was funded by Sushiswap. The price will probably take off once it's listed there (the 27th)

>>26490132
it's already listed m8, there's even an onsen pool now
the 27th feb is the bao.finance pool migration to sushi xdai

>>26487789
I haven't even checked the unipool i was talking about staking the lp tokens

>>26490253
I'll start stakin only then. It's too fucking expensive now.

>>26490326
it is. it's a whole month of farming though so do the math and see if it works out

>>26489819
wagmi brother

>>26490253
That's sounding really good. Is the dev only telling people not to hold because he wants to encourage more staking?

>>26490253
Nope

>>26490355
NO math to be done I'm afraid. I live in a 3rd world shithole the dollar is 6:1 to my currency so I would be rekt rn

>>26490379
go to sushi u cuck

>>26490430
alright, i live in 19:1 and im staking for a week now, got in at .00009 though

>>26489943
this

>>26490474
You got in earlier than me.
WGMI anon

>>26489111
no one going to CHECK those digits?

That's some nice hopium, Anon. Saved.

>>26479343
Be sure to eat a lot of pineapple beforehand and avoid salty foods.

Sushi swapable.

>>26488680
How does $100,000 sound?

>>26478043
bao functions like statera coin so it would be .15 at the most. im fine with this since im in early.

>>26490841
bullish

>ITS LIKE SNX+AAVE FOR SUSHISWAP

Anyone who saw this being shilled and didn’t throw a couple hundo at it is ngmi.

>>26489111
comfy bao posters do be making my hand strong

>>26491050
I was one of the earlier shillers, have done an 8x so far. The amount of retards who discounted it straight off of the bat because it was a 'food-token' or because there was a bit of chink text on the docs.bao.finance page was incredible. I told them to do just a bit more research. I reckon they have all roped lmao.

>>26491167
Yeah it took me about 2 minutes of readied to realize this project had huge potential.

Its been up on sushiswap for more than an hour
/biz/ is slow

>>26491268
I was a nocoiner until yesterday. I have no idea what I'm doing but I fomo'd in because I liked the logo.
How do we know this is not a PnD though? The sushi integration can't possibly be enough.

>>26491355
i believe if it was a pnd it would be over by now

>>26491333
It's been on Sushiswap for weeks, this was just Sushi giving extra rewards if you join their pool. The fucking IL is crazy though so I won't be restaking any BAO. I lost 15 million BAO on IL in the last 2 days alone. Eth is a faggot which can't keep up.

Imagine not being in BAO right now.
Just imagine. Imagine thinking you're too late when the party has JUST begun.

What's the suicide/make it stack?

>>26491819
suicide 1 bao
make it 1.000001 bao

>>26491697
let's hope ETH pumps before the pool swap (more likely BAO will correct) or that we can just migrate our LP tokens without taking the IL.

BAO WOW BAO WOW

BAO BAO

What's the best ether wallet to use on 1inch exchange? I want to use Dai to buy Bao, but 1inch doesn't take MetaMask, and I have to use a mobile app with MEW.

>>26479293
>>26479253
Sushiswap was sketchy too at first. Bao will rise to pennies soon enough.

We need more memes.

>>26491936
BAO WOW BAO WOW YIPPI YO YIPPI YAY

Has anyone else had trouble removing liquidity on Uniswap for the BAO/ETH pair? I tried earlier today but it failed so I was pretty much out of 40 bucks for gas. Had the correct amount and everything.

HEADED STRAIGHT FOR 1C

>>26492813
Lost $50 when mine failed earlier.

>>26478043
Just a heads up that dev wallets have started selling. Be careful out there. They posted the wallet transactions in discord and they are fairly significant.

>>26493012
Did you ever get yours through? Just increased the gas or what?

>stake 1MILLION
>only have 500K left

i wouldnt be so bootyblasted if 95% of my farmed bao wasnt locked for the next 4 fucking years


im losing out BIG time

>>26491050
At these prices, a few hundred into this is way more rewards than risk. This is bottom floor buying.

>>26493107
Man, won't it fucking dump HARD once all these currently staked tokens get released?

Still use fucking non-profitalbe mining rofl?
Join: https://twitter.com/dao_duck/status/1338181297257263112?s=20

Your Daddy is here now!

>>26493159
no

>>26493189
kys scam, token not needed

>>26493159
no.

>>26493107
but your farmed gains will outpace the IL paired gains if you just hold for a few months and don't sweat the price swings. I'm also fucked by IL since I've been farming from the start but hoping ETH pumps a bit and we're back even. If I end up with 0 bao from my initial stake I'll still have all my staked bao which is basically what I put in already.

>>26493664
yeah but the release is gradually over the next 4 years
thats a huge time in crypto
this either goes to 0 or makes us rich
the odds dont look good anon

>>26491355
>How do we know this is not a PnD though?
Every pump has a dump but it doesnt mean its a bad project. BTC dipped from 40k pump yet its not a PnD scam. If you are worried just add in 50% of what you were going to buy in with. Then wait for a few days to add the rest. If it was a manipulated pump it will usually be down by then and you can lower your cost basis.

>>26493772
Yeah they need a burn mechanism or something

>>26493825
they do, you need to burn bao to mint synths
its more the very long term that gets me

This happens every time. I'm holding strong on 2 positions but these projects just make me want to jump in and hopefully swing before my positions pop off. How do I cure this eternal illness?

>>26493865

Yeah but at least you'll have a steady stream of income every day

SOMEONE EXPLAIN WHAT FARMING MEANS THANK YOU

>>26493159
yeah. I doubt that many tokens would get burned enough quickly when the dump comes. The secret is exiting before they are released kek

What a cute coin!!

>>26494467
A CUTE!

>>26491050
If they were serious they could have named it anything else

400k baolet here
Is there a world this goes to 1$ even

>>26495194
BAO stands for Balancing, Automation, and Options.

Bao means treasure package in Chinese. The name isn't random, this is in the documentation and you'd have seem it literally at the start of the white paper.

>>26495307
no

>>26495307
at .03 it would be a higher mcap than sushi so

>>26493772
true but if this project takes off it will be invaluable and likely hold value for ages to come (provided the minting of synths works out); either way its a bit of a gamble. I suppose I could have pulled out my gains now but we'll see where this goes