/biz/ - Business & Finance

What should we expect when the reef trading competition ends

>>28409942
It ended 12 utc

heard that there is an announcement today, where can i find it

>>28409656
It should be 0.06 you dumb ass, we already touched 0.055. Also, I made that giga chad.

>>28410059
No, that's 12 am. We've still got 7.5 hours to go.

>>28410714
You are right fren, not familliar with burger time.

Patience

>>28412166
please leave biz forever

10 cents when bros?

>>28409942
Could dump because volume goes down. Could pump because there are fewer whales keeping the price down.

Can't believe I missed it at 0.055

>>28412316
Im just getting started

>>28413356
Don't worry you'll see that again before the day ends so you can sell and look back in 3 months and crylaugh

Is it wise to store reef as a Erc-20 on my eth address? what will happen if ethereum get rektd by ethereum 2?
i will store and not touch this coin for at least a year or more

what are the stacks bros? Im at 73K and the majority was bought around .017

>>28413877
900k at 20c, been a blessing bros, my first rocket during this cycle, really hope this one takes me far. i hope we all make it bros.

>>28413877
holding 58k reef bought at .026
considering going all in with my remaining 2 eth and upping my stack to 125k before the announcement from denko later

>>28413877
25k reeflet. Bought at .018

>>28413877
smol stack of 5k REEFs @ 98 sats
being a poorfag student is suffering

OOOOOOOOOOOOOOOOOOOOOOOOOO

too late to get into reef?
i want to add another alt coin to my bag

>>28409656
this shitcoin is stuck @ 0.04

>>28413877
350k stacklet, bought in right under 2c
CZ + /Biz/ + autism developer = unstoppable force

>>28412166
This motherfucker

>>28415146
>CZ + /Biz/ + autism developer

basically why i aped into this shit

>>28414891
nope now is a good time, we are currently refueling.

Alt season makes my DICK HARD

>>28413877
3.3k at .02.

>>28413877
1k at 0.021
I'm a poorfag in the third world so it was actually a moderate amount of money for me.

how much will it skyrocket with the announcement?

WHAT THE FUCK IS HAPPENING

>>28416027
>tfw I though I bough the dip
fuck me in the ass

>>28416027
a lil sumsum

15k at 0.026 let's go frens

>>28416211
I BOUGHT AT THE LITERAL TOP

It's over... Once again reef will crab below the price I bought.

>>28416391
I bough 2k at 0.50 then 8k at 0,45. I am fucking cursed

I BOUGHT AT 0.45 FUCKING BIZ AGAIN

>>28416523
>>28416577
SELL NOW. CUT YOUR LOSSES

>>28416391
Top today is the floor tomorrow

GUYS I NEED TO BUY
what's the best coin for moving money around?

>>28416753
Tether

>>28413877
38.6 thousand reefers at .034, i believe

>>28413877
480k at an average of $.024

>>28416861
the fees are fucking massive

So.... 1$ EOM?

>>28416983
0.1

>>28416983
doubt it. more likely 0.1

I AM FINANCIALLY DEVASTATED

>>28417067
>>28417151
Wtf? Literal shitcoin I am killing myself and everyone in this thread

>>28417268
???? that's double dumbass

>>28417268
>noooooooo, I hate free money!!
Retard, if you want more gains then just margin trade

>>28417268
calm down retard. this coin is long term hold.

>>28417507
>>28417579
>>28417651
... Are you guys autistic or what?

YOU WILL NEVER SEE REEF OVER 5 CENTS SELL NOW IDIOTS

ITS FUCKING OVER

>>28417936
Hook, line and sinker baby
you got double rused

>>28418037
It's okay fellow college student bro, he won't make it like we will

>>28417936
tbf thats exactly the mindset paper hands have

Regarding total token supply:
https://www.binance.com/en/support/articles/fcf9a1563a0345869bf1898c888cc4ce

>Initial Circulating Supply: 3,965,900,953 REEF (19.83% of Total Token Supply)

This means there will be 20 000 000 000 Reef-s in total, right?

>>28418221
lol yes, can't believe no one's talking about this. tens of millions of coins being dumped DAILY until 2025, like that's not gonna destroy any hope of price action

>>28418161
cheers bro

>>28418221
it's over

>>28409656
Reef will be $100 at the peak of the 2025 bull market

what do it mean

make it stack for REEF?

>>28417936

>>28418221
See

>>28418411
>>28418723
>being this dumb

>>28419280
fug this im out

thats more coins than doge, and doge is already like 7 cents and does nothing

fucking pajeet scam shitcoin

Reef bros I don't feel so good

>>28419280
what's your point? still clearly shows denko relentlessly pissing into the supply for the next four years

Announcement coming soon, boys. Remember to buy before it.

>>28419587
>>28419670
Paid whores
Open your assholes some more for $5 a day, not even an hour
> point and laugh level cheap whores

>>28419829
LITERALLY JUST REFUTE MY POINT
>you can't

>wanted to get a 100k stack at 0.03
>would have had to go bank->coinbase->uni
>coinbase takes a week to clear bank transfers
I just couldn't

>>28419920
>Open mouth diarrhea comes out
Literally >>28419280

>>28409656
Considering going all in on reef. Who the fuck is the team though? Are they doxxed? Any pajeets or SJW retards?

From another thread:
>>28419549
>so according to the information available on their website, approx. 10 MILLION reef coins will be dumped EVERY DAY until 2025, only ending when 20 BILLION coins are in circulation
Is this true? Why would anyone invest in this then, and why the fuck would devs do this?

>>28418973
1 mill make it stack, 100k suicide stack. Anyone that says differently is retarded This is what it always has been for reef.

bags getting heavy yet?

>>28420170
ah yes, the graph that shows 20 billion coins getting shit out over the next four years. that clears things up

>>28420302
w-wait until the announcement. we'll go to 6c

>>28413877
>>28416910
>>28416872
>>28415825
>>28415426
>>28415146
>>28414855
>>28414383
>>28414626
>>28414324
Can any of you guys help me out on answering these questions? Not fud, just a newfag looking to make money and not get burned. I lost $1500 on risky investments like this in the last week and finally have made it back on more solid investments.

Currently holding GRT, ID. Also holding RBC and LNK. Considering IOTA, REEF, LTO, ADA right now among others. Trying to stick to solid investments and avoid shitty devs, potential scams, coins that don't offer anything new, etc.

Bought at 0.17, already took out 3x and holding stacks for the long term. Why do people keep making the same mistakes when this is the only thing that you have to do ? This is fucking free money all around

convince me to buy reef and not ada
whats the price prediction for this year, i want to long term hold

>>28420597
>Can any of you guys help me out on answering these questions?
no question asked. fuck off

>>28420597
Whoops, I meant these questions:
>>28420182
Help me out frens. What's so great about REEF? Help me debunk the FUD. What kind of growth should we expect from this and why?

>>28420597
reef is a literal 5 cent stablecoin, invest in something else

>>28420670
maybe buy reef now and then sell it for ada once the announcement is made

>>28420597
>asking this in a REEF-oriented thread
bruh, what do you think we'll recommend?
ADA is looking like a solid long term hold, but im waiting for a dip before I buy into it. I'm holding ALGO because I see big potential in it

>>28420597
Please tell us which scam you fell for, was it shib, feg, mcdonalds or elonx? Also do your own research newfag. We will not spoonfeed you.

>>28420466
Well. you always sell the news. so no

>>28420867
yesterday it was a 3 cent stablecoin

>>28420798
https://reef.finance/ help yourself

>>28420747
Sorry man, I meant these questions:
>>28420182
Only getting like 4 hours of sleep all week.

>>28411093
UTC isn't burger time, it's bong time. Burgers in the continental 48 are -5 to -8.

>>28413757
nice letters

its over whats the point

>"it's over"
the coin is up 35% today, and it will continue to pump later today

>>28421180
Literally no information about the team anywhere on there. In the 8+ hours it would take read every blog post on there I could be missing out on new opportunities. If you guys are actually invested and want people do buy in, why are you all so against answering a couple simple questions that might get others to pump the price?
>who is the team?
>why do they plan on inflating their own currency?

ITS FUCKING OVER BROS IT WAS A PUMP AND DUMP

HISTORICALLY REEF IS A PUMP AND DUMP

>>28421890
But it wont. you can even screenshot this.

>>28421925
How can it be a dump when it stabilized at a much higher value than yesterday?

>>28409656
hmmm why it not go up

I can't believe I bought the top again

>>28421899
Or you know, you open up the blogposts where you can clearly expect any information about the supposed 10 million reef coins dumped every day until 2025.
You think this would be just an easy search for key terms, but I guess you're too stupid to learn how to search for key terms in your browser.

>>28422184
Sell at a loss and rebuy when it is over .06

who are these newfags. it was 3.5c yesterday

>>28422263
that sounds reasonable

we need to save the coral REEF
give me your energy!!
OOOOOOOOOOOO

>>28422214
So is 20 billion coins by 2025 a lie?

>>28422409
Its the /biz/ way, buy high, sell low

>>28422545
https://docs.google.com/spreadsheets/d/e/2PACX-1vSiEyE7UhGg7pot9Vx1Hajdc68F4wX291vzNZaQImBEQvNHZZ-BrH0F9dSSO2b4z-EvjNoLHxkTFtZo/pubhtml#

Just read.

>>28422214
Their blog literally doesn't even have a search, and using google to search their blog is turning up nothing. Searching for "team" all they ever mention is vague marketing hype shit like:
>Reef’s core team consists of serial entrepreneurs and blockchain veterans who have tremendous experience and proven track record in finance, cryptography, blockchain, and engineering.
You don't actually know anything about this do you? You all just aped knowing nothing and are all hoping you're lucky retards, aren't you? I'm literally just asking questions you should all know if you're invested in this and you're all acting defensive and hostile.

When I ask questions in RBC, ID, GRT, or IOTA threads, people actually give intelligent answers. Why is everyone in REEF threads so hostile and defensive?

>>28422888
Because their blog literally has an archive to everything you'd need to know anon, fuck sake. I've been posting links to >>28422747 and been telling you exactly how you can find the information to the questions you have.
>Their blog literally doesn't even have a search, and using google to search their blog is turning up nothing
God you are tech illiterate. Do you know what Ctrl + F does?

>>28422888
Post poorfag $500 portfolio with time stamp please so we can laugh at you. Also go back to le reddit

>>28422888
Ok Denko

>>28422888
Yea, youre ngmi

>>28423131
It hardly bodes well for their promise to make DeFi 'normie accessible' if they can't even put together an easily navigable blog

>>28422888
>When I ask questions in RBC, ID, GRT, or IOTA threads, people actually give intelligent answers. Why is everyone in REEF threads so hostile and defensive?
I think it's because you're asking questions that get answered 10 times a day.

>>28423131
Because they are paid shills

>>28422888
you're totally right about the hostility btw. no one even acknowledged the trips :(

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>28423131
Bro, don't help that retard, he isn't worth your time. He said he already lost $1500 to biz scams. He obviously is a newfag who doesn't know how to use the filter or the internet for that matter. Literally wasting your time helping out a mongoloid

i sold at 0.031 :/

>>28420867
>>28421127
it will be a .10 stable coin by next week, check em fellas

>>28423131
>God you are tech illiterate. Do you know what Ctrl + F does?
Ctrl + F doesn't work when each blog post cuts off after a couple paragraphs and has to be expanded one at a time.
>>28423239
>>28423360
I'm making it just fine so far from getting in early on RBC, GRT, and ID and I've likely been on 4chan since before most of you even graduated highschool.

I'm not attacking your fucking token, I'm just asking legitimate questions and it doesn't seem like any of you have any answers. Literally the mentality of fucking five year olds in this thread.
>I know, but I'm not telling you tee hee
Okay, good luck getting the rest of /biz/ to pump your investment acting like brain dead faggots.

>>28422888
kys, go invest in shitcoins where "everyone is nice and in it for the tech!"

if i hold reeef, will it get me something? like interest of some sort

We have been swarmed by idiots and paid prostitutes
We're getting rich boys
>it's afraid

>>28423928
You have to stake to get interest

Is staking coming to binance

>>28423397
Why the fuck are you trying to get into a project, and this goes for anyone who's in on a crypto project, if you don't know basic shit like searching a inside of a damn webpage? The amount of dumbass morons on /biz/ who can't make a CSS sheet yet think their shit doesn't stink.
>>28423830
>Ctrl + F doesn't work when each blog post cuts off after a couple paragraphs and has to be expanded one at a time.
Yea, you're tech illiterate. I suggest stocks anon once you're done RBC and GRT. Best of luck to you, as much as I shit-talk you, I hope you make it.

>>28423928
how does a lamborghini sound?

>>28424098
since they are buttbuds with binance, yeah it will probably come to binance eventually

>>28423830
Nigger i was browsing /b/ in 2005, please go fuck yourself then do your own research after you fuck yourself.

>>28423928
Wait until later today. That question will probably answer itself.
https://twitter.com/denkomancheski/status/1359824382244257797

>>28424045
thanks blessed anon, i will look into that

>>28424741
thank you too blessed other anon

>>28422888
>literally no counter argument was presented
i think it's time jump ship

>>28425501
And all the rest you know who you are, $5 prostitutes
>Sers the rubix much helpful
Fuck off and then fuck off some more you won't be missed but you're not leaving are you
You WILL pay attention on the climb to 05
You WILL pay attention on the climb to 10
You WILL pay attention on the climb to 20
You WILL pay attention on the climb to 50
You WILL pay attention on the climb to 1.00
>Here you will fomo in a little
You WILL pay attention on the climb to 2.25
This is where we all will have a banquet and you a measly doubling of some hundreds of dollars and you will finally feel the worthlessness that surrounds you

Whats the market cap and supply of this shitcoin?

Where's the bottom right now? Trying to buy the dip.

>>28426055
infinite
Sell now

>>28426055
20 billion max total supply, 4 billion max circulating supply, 3 billion currently circulating
Market cap has been volatile as fuck in the last 24 hours, but right now it should be ~ $132 million.
https://docs.google.com/spreadsheets/d/e/2PACX-1vSiEyE7UhGg7pot9Vx1Hajdc68F4wX291vzNZaQImBEQvNHZZ-BrH0F9dSSO2b4z-EvjNoLHxkTFtZo/pubhtml#

>>28424741
so tonight we either x2 or he runs away with our money
ncie

What do I need to have ready for farming lads? Just a stack of reef and eth? Is farming shit even real? I keep seeing shit promoting like 500% APY which seems retarded and impossible

>>28425988
still no arguments
luckily I only have like $200 in it

>>28415825
Where are you from, reefpal? Wgmi

>>28427258
>>28426816
>>28426173
>>28425501

You are the only ones arguing in a Reef thread against it
>being this stupid

What time will the staking announcement be? I wanna take a nap

How are they inflating the supply if staking isnt out?

>>28427498
I hold 20k reef but I'm still a bit concerned about the supply, it's worth talking about. we shouldn't just endlessly circlejerk about our imminent riches

>>28428027
ADA $0.97 Total Supply 45,000,000,000
GRT $2.15 Total Supply 10,000,000,000

You are splitting hairs

>>28428354
this is what i was looking for. turns out supply's a meme after all and $5 EOY IS FUD

>>28428354
This man understands

>>28428027
If you fall for supply fud in 2021 you are ngmi

announcements up price is going up

https://twitter.com/ReefDeFi/status/1359946567650713604

>>28428748
Thats comfy

>>28428748
OOOOOOOOOOOOOOOOO

>tfw 1k REEF stacklet

>>28428748
Holy shit

Are we gonna pump or dump after the contest ends?

>>28414891
>too late to get into reef?
Buying a top tier coin under 10 cents cant ever be beaten. Its a good deal so grab it.

>>28428748
mother of fuck

>>28428748
So this costs expensive ETH gas fees?

>>28428748
Fucking nice.

>>28429143
50%

>>28429487
no fees on probit

>>28421899
>In the 8+ hours it would take read every blog post on there I could be missing out on new opportunities.
In crypto you have to accept even good projects look sketchy. Rubic looked sketchy so i didnt all in and only got a little. Uniswap is a unicorn logo, it literally looks like a scam. You just have to take that chance sometimes. Usually the scams dont last long enough and there is usually some evidence of suspicious stuff posted on /biz/ Like /biz/ anons made it clear DMG was sketchy and not to trust the ceo, and lo and behold it rugpulled.

>>28429552
>>28429487
binance*

>>28428748
what wallet is best to store Reef? I've got mine sitting in Binance atm

>>28429552
It talks about gas fees.

So I have to send my reef from binance to metamask (gas fee) and then to reef and staking on reef site costs more gas?

>>28428748
bigger than i thought, 0.06 incoming

>>28428748
Are we staking guys????
Is this a smart move?
I'm a new fag

>>28422888
>Why is everyone in REEF threads so hostile and defensive?
Oh I see. This is literally your second week on 4chan isnt it? From wallstreetbets? No one here is giving each other upvotes and digital awards. Learn to tough yourself or go back you retard.

>>28429680
I have binance but binance isn't supported to start with? Says I have to send it from a listed wallet to reef site

>>28429754
oh I didnt read the post you replied to
it's not only available on metamask

>>28429817
Yes. Literally free money.

How do I go all in on this without a 250% miner fee on coinbase wallet? No binance because I'm not a eurofag

>>28429984
would you stake for 6 months or longer? i'm scared

I wonder if this is really worth it

>>28429980
But there's no way to avoid gas fees for now with those wallets, right? Since I mainly use binance and coinbase I've never dealt with this before.

>>28430156
you should be able to buy with usdt on their site
https://stake.reef.finance

What percentage returns do we get on 6 months, 1 year and 2 year staking?

>>28430154
>closes in 2 hours
I thought this shit wasn't open yet? I'm naked in bed, tell me before I get up

>>28419587
Thanks for the spreadsheet anon. This makes it even reefier.

>>28430340
it just opened

>>28430154
32% is sweet but i wont pay fucking gas fees. i'll wait for binance staking

Will reef ever be supported by coinbase?

>>28430154
I suppose it depends on your stack and portfolio, I only have like 27k and that like half my portfolio cause I'm new. I'm not staking because I plan on selling upwards of 60% of my stack as the price goes up to buy into other projects, if the price goes up before the six months is up I can sell and put gains elsewhere, if it doesn't then I could've increased my stack by 30% for free. There's pros and cons. I can't afford the opportunity cost of having half my portfolio locked up.

>>28430333
6, 1 and 2 percent, duh.

>>28430594
Someone said March before

>>28429852
If you bought REEF from Binance, you'd have to go through a wallet to store, then use that wallet to transfer to stake. That's one fee, plus another. Pretty harsh, but since Binance is getting that staking feature, it would be probably better to wait for it.
Either way, this is good news, if they've already got staking up for REEF on this externally, it looks promising for Binance to be here somewhat soon.

>>28412540
sadly i think we will go back to 3c but imagine if it pumps

>>28430857
I guess I'll wait until then to buy more. Currently a 1.2k ultra reeflet. Almost tripled my money though.

>>28430776
What? Ada gives 5% and it isn't locked

>>28431069
It's a bit weird that this has launched before staking on binance, no?

>>28431069
I see. Thanks! Since I'm a poorfag I'll just wait for binance staking

the market hasnt reacted to these news at all
let's see how things will look like tomorrow

>>28431069
I hope so, shitty gas fees.

>its crabbing down

Uhh guys why is it dumping I thought we were pumping after the announcement?

wtf, why is it dumping after the announcement?

>>28431273
Yea, it is a little weird, but it does serve as a proof of concept at least. It does seem a little confusing since >>28431423

>>28431379
Well it kinda did.
It reacted by not dumping to hell

>bought the top again

>>28431467

bitcoins pumping

Bros you told me it would pump after the announcement. I'm already down 10%

>>28431474
I'm really think of biting the bullet and just pay. 32% is pretty dope for 6 month lock

ITS FUCKING OVER BROS

WE GOT RUGPULLED

dump cancelled?

>>28431523
you are me and I am you.

>>28431218
I made this pepe

>>28431523
>>28432054
Are you guys not browsing regularly. Reef gets shilled here pretty regularly.

>>28432054
ill always be with you

Alright, staked my 70K, gained a 11K reward and will earn 2100 monthly for 6 months. Not bad, just hope it keeps growing by then.

how can i use walletconnect with metamask?

>>28432707
yes

>>28432707
go back

>>28432110
it is a nice pepe

>>28432707
its a fucking qr code how retarded are you

Puh the coins need to be send to an erc20 wallet for staking. I rather wait for the binance staking.

>>28432555
Where did you stake it?

What is happening!?

>>28413877
51k and sitting comfy

>>28435763
Bought 280k at 3.2 cents. Doing pretty decent right now.

It's over anons, this pump and dump purple shit is a scam coin.

Why is it pumping backwards bros

>>28437645
Because nobody wants to pay gas fees for a 30% gain over 6 months

>>28412166
ej anonku naucz mnie o co w tym chodzi

i already had reef on my erc20 wallet so see you in 6 months

>have to wait for reef staking to come out on binance