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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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53658090 No.53658090 [Reply] [Original]

DOT is undervalued?

>> No.53658098

>>53658090
dotties are like cultists

>> No.53658111

>>53658098
>x is like a cult
wow gottem

>> No.53658117

Cosmos will beat dot if a mutli-chain type ecosystem becomes popular. Maybe dot will pump in a year for the parachain auctions. idk, but dot is too complex and the ecosystem is behind costmos.

>> No.53658146

>>53658117
Tell me you're blockchain illiterate without telling me you're blockchain illiterate.

>> No.53658302
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53658302

>>53658117
I agree that dot is more complex than cosmos, but do you know what you get from that complexity? The security model of cosmos will crumble under its own weight, it's just a matter of time. It's the hub-bridge security model, you're at the mercy of the weakest link in the chain. And their attempt at "shared security" is nothing more than sharing validator sets.

>> No.53658316

>>53658090
I never knew that the difference is so big, definitely Dot is undervalued!

>> No.53658328

>>53658090
>no product
>ghost chain
>undervalued
lmao

>> No.53658370

Token not sneeded cardano exists

>> No.53658384

>>53658090
dot is overvalued. scam

>> No.53658391

>>53658090
It's a security

>> No.53658452

>>53658146
do you have an actual argument?

>> No.53658456

>>53658090
No, it's trash.

>> No.53658597

The seething about dot when /biz/ is doing the needful shilling matic makes me want to buy desu.

>> No.53658706

Many developers on Polkadot, but hardly any normies use it. It's critical for a crypto to have a large, loyal die hard following to survive and continue to moon beyond a billion mkt cap (ie: Shib)

Also, don't forget about the old saying "priced in". You think you're early to the 1 bil + projects but you're actually quite late. The whale bots already have you beat from the start, and will pump and dump at will according to the news cycle, which in turn triggers the bots to buy/sell.

>> No.53658791
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53658791

>>53658090
damn delusional baggies are getting out of control

>> No.53659074

>>53658090
Everything is undervalued if you compare it to the #2 mcap ranking retard.

>> No.53659078

>>53658706
Shib's market cap is inflated by the devs holding like 99% of the supply, yet dot is already bigger than shib. Dot is very highly priced. Although I guess there could be some upside if it became a cardano-level cult. And usage wise, not many people actual use dot, much more people use avax and cosmos, which are priced lower. The dot ecosystem is very complicated and hard to use.

>> No.53659253

definitely undervalued concidering how high it went last bullrun
I'm slowly slurping, hoping to see a cool multiplier EOY or in 2024

>> No.53659706

>>53658090
Agree.

>> No.53660820
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53660820

>>53659074

>> No.53660856

>>53658706
Normies are not the target audience of polkadot. Any dev with a brain will want to build on it though, and that's what drives the price of the token