/biz/ - Business & Finance

Sell quickly before it dumps

>>28480076
It already dipped anon, it only goes up from here

Based. Gonna buy more before it's too late.

Fuck I thought the fud was stronger, wanted to buy the dip at 20, but it seems like 45 is the floor

Wait no, the network still isn't fixed yet. I'm selling all my bags right now. I suggest all of you do the same and tank the price.

>>28480439
voyager's fine

>>28479943
kek fudders wanted for it to dip lower, we're going back to $60

>>28480341
no one can sell for now still, unless you have your AVAX on a CEX and it's not staked
the update hasn't rolled out
I expect a small dump when it gets back online, then a meteoric rise as everybody realizes the team fixed the bug quickly and professionally with great communication with the community

>>28480559
Communication could be better.
How did Vitalic handle the hack back in the day?
I wasn't around.

>>28480559
How low do you think it will dump? Might buy a cheap bag to flip a few k$

>>28479943
?

It is not. Wallet is still readonly and I cant send to P chain to stake.
Binance is also still closed for deposits.

>>28480559
>the team fixed the bug quickly and professionally with great communication with the community

Reminder that AVAX 2 days ago seen the most traction that any decentralized protocol ever experienced, Ethereum aside. The market and whales already chose the winner, AVAX is currently undervalued by x10 relative to the market and x100 relative to Ethereum, Reminder that this is legit the only next gen platform (Rest didn't solve the trilemma on chain), Reminder that BTC OGs support AVAX, Reminder that turkey is launching their coins on AVAX, Reminder that everyone want to see AVAX fail because they operate on envy and the envy feel like that only about winners.

Have a good day

>>28480786
fuck off you paid scumbag shill. AVAX's fully diluted market cap is $35B

>>28480726
>>28480727

see

>>28480559

they're finished the update and are waiting for validators to upgrade. once that is done, it might take some additional time for PNG and Binance deposits to be back as they have their own logic and might want to run their own checks before launching again.

>>28480786
how big are your bags to shill this hard?

is it still going to be slow as fuck though?

>>28480827
that is correct, a tenth of ETH's valuation when AVAX is 10 times better. So undervalued x100 relative to Ethereum.
any other questions?

>>28479943
>Squad

>>28480827
>fully diluted
That's not happening, get better fud.

>>28480930
>10x better

lol

AVAX's fully diluted market cap is almost 100x higher than Fantom's lol

>>28480668
It was a shitshow that dragged on forever and led to the split between Ethereum and Ethereum classic.
It was also a real security vulnerability that strongly impacted trust in ETH.

>>28480827
Fully diluted is a meme, By the time AVAX will have 600M+ in circulation DOT/ETH/ATOM any infinite supply coin will have marketcap in the tens/hundreds of trillions. AVAX burning mechanism will prevent the supply from deviating a lot from 360M, So it built to be stable around 360M even in decades from now.

Total supply is legit but it'll take 10 years to be fully circulated+AVAX is still undervalued by minimum x7 relative to inferior DOT going by total supply (Which's in itself kind of wrong, Circulated supply is much more important).

Marketcap of inferior competitors/projects by the time AVAX will reach the full total supply (360M tokens) at current price of each one of them:
>Polkadot-77B$
>Ethereum-250B$
>ADA-40B$
>XLM-22B$
>Filecoin-81B$
>Flow-11B$
>DOGE-15B$
>Algorand-12B$
>Cosmos-18B$
>XRP-56B$

AVAX-15B$. Again, I'm being generous here as calculating valuation going by the price in 10 years is retarded and can only be applied as low IQ fud, In reality AVAX would go 2-3 full bull cycles without reaching 360M tokens in circulation.

>>28481036
>inferior competitors
he lists filecoin, dogecoin and some others as competitors LOL

He's talking about hundreds of trillions in market cap.

Holy fuck at this imbecile

Update is public, soon to be deployed by validators

>>28481131
>inferior competitors/projects
>/projects

>Just bought for the 11th time after selling 10 times
>$1,400 in tx costs

>>28481389
What are you doing?

>>28479943
Guy fawkes mask. NGMI scam pajeet coin lol

>>28480953
better than pedophile ETH dev team

>>28481324
fucktard, your unproven turkish shitcoin with network that halts under load is 100x higher in market cap than Fantom which is powering Afghanistan (chamber of commerce, DABS energy, Health System) and Dubai Smart Cities and which is the biggest non-ETH DeFi platform in crypto

Also similar speeds. Also DAG which is more proven

Looked at the code. Pajeet level quality. A bunch of codemonkeys at best wrote this piece of shit
There is memory leaks left and right.

>>28481496
>Tfw third worldwr with only 10 avax
I don't need the money per se but it will be nice to see it moon like ethereum did so I can finally win once in life

>>28481036
Claims ether will be hundreds of trillions and would rather get 7x from avax :DD

>>28481581
anon that would still barely be 20k

>>28481576
>There is [plural]
talking of pajeets...

>>28480997
And the difference is only going to get bigger from here

>>28481591
probably some paid indian shill that has nothing to do with crypto

>>28481576
> memory leaks
> in Go
> in the super lightweight code of the node

just run pprof and see how minimal the memory usage is.

Hope you fudders bought the dip, because that was it.

>>28481900
Just go to their github issues and there is 40 closed "why did my node get out of memory". Always closed with same reason "cant reproduce". Sure.

Look at their release process. Literally same level as a fucking wordpress website.
Look at thier commits. Not 1 commit is signed by the developers. They dont even know about git signatures.

Sure you can trust these people with money. Id hire them to be brick carriers at best.

>>28480559
You're retarded. There is barely anything in wallets that is not staked. Buy now or be priced out forever.

It's IT'S POOOMPING

>>28482017
Agreed. Engineering F-. Marketing A+

>>28479943
sell the news

>>28482017
the fact that you need specialized hardware and fast internet speeds to run a node already shows that it's much more centralized than eth.

>>28482393
>raspberry pi
>specialized hardware

>tfw there will be no americans on the moon
NO SPACE FOR MUTTS

>>28482017
Can't believe I wasted my time going through the node repo to check. Fud.
>>28482393
It runs on a raspberry pi kek.

>>28482393
Nigger you need like $5k in graphics cards to mine ETH

$50 incoming
$100 eod
fudders eternally btfo

>>28482681
Hope they bought that $41 dip because that's as low as it's going to be.

>>28479943
It already broke? lel

>>28482523
OK Mr 2k AVAX Staker. You are objective in this.

This project is more centralized than IOTA with a Coordinator
All nodes run on Amazon hence AMAZON is the entity in control of consenus since they own the node staking keys
All development happens behind closed doors
Only one node implementation from one team. Sigh.

>>28480786
Remember your a cuck

>>28482393
the state of AVAX fudders

LMAO

>>28482523
>>28482575
>>28482488
5000 TPS * 5000 bits per tx = 25Mbps internet connection required just to keep up. You need a super fast internet connection just to sync, and that's not counting the time it takes to go through each tx and validate it. Not to mention the storage. If each TX adds 10 bytes of storage the blockchain would run out of space really fast

and WE BACK

WASSOOW WASSOWWW

>>28483002
this is so weak. even Chainlink had some better quality fud.

> This project is more centralized than IOTA with a Coordinator
emin's only role is to shill the project on Twitter

> All nodes run on Amazon hence AMAZON is the entity in control of consenus since they own the node staking keys
what? anybody can run a node

> All development happens behind closed doors
it's open source and anyone can see the code on github

> Only one node implementation from one team. Sigh.
there are several node implementations (one in go, one in js) and even if there was one i don't see how that would be a problem

>>28483180
how exactly is that special to AVAX? this applies to anything with high throughput. also you obviously never heard of pruning. put on your helmet retard

>>28480692
It will drop to around 40$

I'm considering going all in on this coin just because I know the yanks can't join in on the fun. Imagine a whole country missing out on the ethereum killer.

>>28481591
Brainlet newfag

>>28481513

we're back to $50 boys,
next stop $100

>>28484361
Yanks can buy it from two different CEXs, what are you on about mate?

>>28481576
Learn grammar first if you want to convince people you know how to code.

>>28479943
>the virgin 3 months ETH DAO Hack vs the CHAD AVAX 3 day bug
Someone please turn this into a virgin/chad meme

>>28485005
Yeah but last time I checked OKCoin it was trading at like $70

>>28485209
probably includes the obligatory tip to the exchange

WTF yesterday you faggots screamed the whole day that it will be dumped as soon as it gets fixed back. And it started growing again

>>28485303
People wanted to get in at a lower price

>>28485303
We like to yell

what if the bug was just a false flag for avax' inevitable pump

>>28485303
>he sold

>>28485612
People who shorted and went to sleep are getting wiped out

>>28483180
> 25Mbps internet connection required
ROLFMAO what a faggot does not have 100Mbps this is 2021
do you live in Nigeria sir

>Fud dissipated
>Shorts liquidated
>Nodes upgraded
>AVAX accumulated
>100 EOM awaited

>>28480513
Zero Exchange (the1st DEX on AVAX) is also up 50% since the C-Chain fix.

>>28485303
lurk for two years without posting before you open your kike mouth