/biz/ - Business & Finance

>>54299318
My thoughts too. Someone is slurping all the airdrop sell pressure. Who the fuck wants to buy it so badly?

>>54299318
Dumbass

>>54299338
>>54299318
Holy shit retards, take a look at the marketcap of UNI and compare it to ARB. Uni is also just a governance token, but arbitrum will be way bigger than Uni.

hmm I wonder what governance proposals are coming up

>>54299318
>>54299338
Absolute retard tier midwits seething and coping with another pointless thread. ARB is going a lot higher than $10, you mongoloids.

>>54299318
Do I really believe in Ethereum

>>54299380
I know thats why i want to buy lower than $1

>>54299318
apparently if you buy enough of these jeet dumps you become the governor?
thats my understanding

>>54299396
You smell like curry

>>54299420
this is correctly,,, everybody competition for mumbai mayor,,, rajesh trying very hard rn ngl

>>54299420
for a mere $1.5 mil you can have the governance power of 100 gigajeet elites

>>54299318
>Who is buying this shit?
Smart investors?

I don't get the airdrop but BOUGHT. Good mid-short term gains.

>>54299318
>Who is buying this shit?
A lot of big bois are buying since it's a good project and they want a stake in governance (much more than they received from their airdrop). Nobody cares about $1-$2k pajeet dumps really it's just an opportunity to accumulate.

>>54299318
With almost 75% airdrops redeemed, this is not going back to $1 ever, just up and up

>>54299318
have fun missing out because you sold at $1

2$ today, no doubt

>>54299380
Obviously it's not going there instantly because we are crabbing unlike any other major airdrop in release.
>>54299420
Airdrop is 11% of the total supply. Even if you bought with millions you'd still not have the same voting power as the team or investors. There are many governance tokens where the team decides all the votes with their overwhelming stack. This is airdrop just a way to get retail liquidity for the eventual slow dumping of the team and investors.
>Smart investors?
Smart investors bought in when Offchain labs (company behind Arbitrum) raised capital. They got their tokens at $0.07. Do you think VCs are buying the airdrop kek. Maybe some dumb retail whales.

>>54299442
>>54299524
Forgot to (You)

Whales are bored especially after all that FUD from SVB and Credit Suisse and all the bank failures

arbitrum is the best place rn for a quick institutional PnD.

Jeets are almost done dumping so its time for the pump.

>>54299541
So far I've seen a lot of sub 1M wallets buying and not a lot of whales desu

>>54299500
Retard this thing won’t do more than 10x at the next bull run peak

>>54299318
Imagine if they decide to tax a % of gas used on the network and then distribute it to ARB holders.

>>54299548
the pump hasnt started yet then, good sign

Jeets dumping there measley 2k while whales buy in with million dollar bags. The hard floor is $1 this is literally the safest investment on earth right now. $10 by next week then the jeets buy back in and we rug easiest 10x ever literally programed in

>>54299567
at least ill for more than you did pajeet nigger

nice psyop faggot


>YESSSSSSSSSSSSSSIIIRRRRRRR

>>54299579
I mean I'm currently holding a decent sized bag with leverage but why do you jeets feel the need to shill? Your god awful post isn't going to affect the price in any fashion and it just leaves the bitter taste of rotten curry on my tongue.

>>54299318
Very rarely should you buy something built on top of something. Arbitrum relies on ETH, and therefore ETH is more valuable, perhaps not short term, but will definitely be more valuable in the long run. Chainlink is an exception to this.

>>54299372
We all know the first proposal will be to turn on FSS, and the whales that bought up ARB will vote no to supress LINK

>>54299619
By this logic shouldn't any ERC-20 token be awful since every single one is built on the ethereum chain?

>>54299653
no point reasoning with midwits

>>54299548
what if one of the whales discovered a way have control of more than one wallet?
i know it's unlikely but hey you never know....

>whales are dumping
no they arent retard. pajeets are selling, whales are buying. this isnt your average dog shticoin that you invest it faggots

>whales are dumping
no they aren't retard. pajeets are selling, whales are buying. this isnt your average dog shticoin that you invest it faggots

>>54299756
>>54299761

>>54299766
uploaded the wrong pic kek

>>54299743
For what purpose to spend more gas?

im glad i didnt get an airdrop because the jeet gods woulve hexxed me and i would have sold, but now I am 50% up fuck niggers

>>54299573
>just imagine this random thing i just made up
>wouldnt that be bullish as fuck?

>>54300122
kek

pajeet this , jeet that, have you ever jeeted any bitches?
( explaination: jeet means victory in indian)

>>54300122
>he doesn’t know how governance works and didn’t get the airdrop
Kek indeed

>>54300122
kek

>>54299761
What is this website?

>>54299318
>ARB hasn't dumped!

>>54300179
correct. that price only existed (briefly) in obscure no-liq pools made by retards

>>54300192
This is cope, you know that right?

>>54299318
test

>>54300179
how thick is your skull

>>54300197
you're lucky I even bother trying to explain basic knowledge to your retard brain

>>54300201
>>54300227
Turbomax cope.
CMC is even being merciful with that $11.1 top; ARB reached $14 on shit like Bybit.

>>54300238
but you sold for $1 so it doesn’t matter

>>54300238
If someone even considered buying before the selling pressure stopped at 1,1$ he deserves to lose all their money in crypto.

>>54300238
>shit like Bybit.
ah yes the esteemed exchange Bybit

>>54300253
$14 on Bybit.
And even now Bybit is firmly in the top 10 for ARB trading volume.

ARB went live on a whole bunch of markets, and it was above $10 across the board pretty much.
Not too long ago tokens tended to launch only on shit like Etherdelta.

>>54300293
>top 10 for volume
yeah and a negligible amount of trading volume occured above $2

>>54300314
>i-it doesn't count!!!
Nearly every token launch you ever heard of starts with virtually no volume.
Hell, nearly all ICOs had their prices set before a single token even reached a single exchange; i.e. when there was literally zero volume.

Go cope in the corner.

>>54300336
go look at binance chart and keep shitting yourself kek

Going by my tweeter feed the fags publicly buying this, even through OTC beforehand, are the same who got fucked with looks. And even though looks had absolutely shitty ponzinomics I get similar vibes from the chart. Top @2-3 and then slowly bleeding out, with a ton of ppl becoming baggies or community members. Maybe moon in the bull though, who knows

>>54300293
nobody could claim during that time besides the hackers that attacked the websites though you little retard :)

>>54300349
... why?
Is Binance the only exchange that's real in your mind?

>>54300359
>what are IOUs
oh boy

>>54300384
It doesn’t matter though. You sold all your tokens for $1 and now you seethe

>>54300384
>what are IOUs
you are moving the goalposts, also IOUs have absolutely nothing to do with the price of the actual token. they are a way for degens to gamble on something, they carry 0 weight

>>54299360
>Uni is also just a governance token, but arbitrum will be way bigger than Uni.
both are unregistered securities, they is nothing to govern, they are scams cash grab. Gensler is right. The SEC is right.

>>54300359
>hackers that attacked the websites
You mean the army of pajeets pressing refresh? Like yourself?

>>54300436
guess how i know youre a midwit

>>54300415
>IOUs have absolutely nothing to do with the price of the actual token
maybe you should look up what IOUs are

>>54300449
Hes right tho you fuxking Idiot, the price of the arbitrum token has absolutely nothing to do with the price of the arbitrum iou before the launch.

>>54300480
IOUs are literally token placeholders.
If their price doesn’t count, then neither does the price of wrapped tokens, derivatives, most of the trade in gold, even fiat.

>>54300355
Yeah, no shit. These things always bleed in the long run. The gains are to be made now by selling at the top of the initial spike, since that spike is almost guaranteed to happen.
Often the bagholders are the people who did the airdrop themselves, since in the end they're making money off their product and are essentially doing an advertisement (we'll give you money and a sick pump n dump to make money off of, you give our product attention).

>>54300502
you’re stupid as fuck if you don’t know the differences between IOUs and derivatives when it comes to pricing a token

>>54300502
Believe what you want, im not discussing with an obvious retard. If youre too stupid to realize why the price of an IOU BEFORE THE LAUNCH OF THE REAL TOKEN is 100% based on speculation and has 0 effect on the price of the real token when it launches then u should just lurk imo

>>54300395
>>54300415
>>54300513
>>54300518
Have fun going through all this pilpul over and over again to literally everyone who looks up ARB on Coinmarketcap, Coingecko, ...

>>54300502
you're irredeemably retarded
bitmex futures were closer to reality
thinking price of chinkbit IOUs mean anything is just plain stupid

>>54300547
it doesn’t matter retard. You sold at $1.

>>54300547
Its not pilpul, youre just too stupid to realize there is a huge difference between wrapped tokens and ious.

>>54300513
>>54300518
>>54300564
>IOUs don’t count!!
Then explain the CMC chart

>>54300584
he thinks wrapped tokens and ious are the same. HAHAHAHAHAHAHAHA

1B tokens in circulation. Likely, 20% or something will be permanently retained. Is this project worth 800M to 1B?
Currently, maybe, but you pay a premium on what it might be worth one day. The only reason I didn't buy more is that I currently have some problems with PoS Ethereum in general.

>>54300593
Both aren’t the actual token, but the price still counts.
Just like derivatives, paper gold, etc.

Also,
>can’t explain the CMC chart
Have fun out there.

>>54300617
I’ll have fun knowing you sold at $1 and that you think ious = price of tokens kek
>can’t explain why he jeeted at $1

>>54300631
You may not think IOUs count, but CMC sure does.
And therefore so does the public.

i bought some for 1.33 because some old finance guy said to buy when thing big red

>>54300652
they don’t count when it comes to influencing price in a pool. do you get that? And IOU is between two parties. I couldn’t really care about cmc or coingecko listing the IOU price since it’s between two parities.

>>54300679
>they don’t count
Tell it to CMC

>>54300652
>You may not think IOUs count, but CMC sure does.
And therefore so does the public.
Sorry but please read that again and try not to laugh
>because cmc and coingecko listed the IOU price, therefore the public must care and agree that, that is the price.
really anon?

>>54300693
>therefore the public must care and agree that, that is the price
They’ll agree that WAS the price, yes.

>>54300703
>implying selling IOU is the same as selling it for that price in a liquidity pool
Topkek

>>54300736
Take it up with CMC.

>>54300777
checked but you were the one talking shit. Scroll up, I don’t give a fuck about cmc. You’re making it seem like you sold it at that price on a dex but you sold it as an IOU. You’re changing the goal posts

>>54300800
>I don’t give a fuck about cmc
You got this backwards, nobody cares what YOU think.
You can argue all day, but in the end people can simply go on CMC and see what they see; which is that ARB dumped over 90% on launch.

>>54300668
This month has been incredibly blessed. I added my fave tokens, such as Sol, Bnb, MyS, and Lit, as well as some low caps, after selling half of my ARB tokens from the airdrop. I'm taking advantage of the rewards as Magic Yearn provides many different methods to earn passive income. Simple as that.

>>54299318
Watch it pump to 12 dollar to sub dollar.

>>54300863
you’re actually stupid as fuck you’re the one making the reach conclusion that the IOU price is the pool price and therefore that’s the real price, and that the public HAS to agree with it. Who the fuck said you speak on their behalf? So why the fuck isn’t it still the same? Because the token launched already, you jeeted and sold for $1, now you cope here with IOUs. Do something better with your life

>>54300800
>I don’t give a fuck about cmc
You got this backwards, nobody cares what YOU think.
You can argue all day, but in the end people can simply go on CMC and see what they see; which is that ARB dumped over 90% on launch.

>>54300898
I'm pointing out that ARB did dump, as seen in the CMC chart.
You can cry about how IOUs don't count, or the exchanges don't count, or the low volume doesn't count, etc. but it changes nothing.

>>54300919
looks like your bot stopped working
>>54300930
you said IOU is the same as derivatives etc etc kek. you can cry you sold at $1

>>54300935
>you said IOU is the same as derivatives
It matters the same for the price. See CMC

>>54300941
>circular reasoning
if cmc says youre a fag, are you a fag?

>>54300959
It’s not even circular reasoning; CMC simply looks at what matters regarding price, and apparently none of your cope does.

>>54301018
>circular reasoning ensues
it must suck to have sold at $1

>>54301040
It’s not circular reasoning just because CMC uses different price metrics than your sperg ass.

>>54301052
If I sold my tokens to someone for $100 each, therefore the entire public must now sell and buy for $100 each. cmc told me so

>>54299318
>All these anons itching to buy arb the day before ZkSync launches mainnet and arb is permanently irrelevant.
Ok

>>54300433
>I didn't get the drop so Gensler is right

Laughing my ass off at all the SEETHING retards who sold their ARB for a buck or didn't get the airdrop.
EVERY SINGLE TIME you will look at the chart you will feel mental pain.

>>54301167
sell signal thanks chud

>>54301167
Phew I almost boughted thanks for the jeet shill signal

>>54300122
It could occur of someone proposes it and the delegators vote on it.
I didn't add that it would be a shame if it happened since I'm gonna sell since I'm broke.

>>54299360
>arbitrum will be way bigger than Uni
you mean optimism
arby will just be the failed rollup that only weirdos use

>>54301869
Its bigger than polygon.

>>54300359
There was no hacking involved lol, you just had to call the smart contract directly with a custom RPC. I claimed before the website went live again but very few of us did, and even if you managed to claim it was near impossible to sell

>>54300863
You are literally my normie coworkers who buy $50 of BTC on binance and have zero insight into defi. I bet the CMC trending page is your only source of news on crypto

>>54299318
Arb is actually already a scaled out project with great fundies that built something before they released their coin. Unlike other projects. Means you wont be able to buy in cheap since everyone already knows how great it is. It might come down though. Its got quite a high mcap right now but long term its a top 10-20.

>>54299541
>Jeets are almost done dumping so its time for the pump.
It will probably be a month for the dump to finish. Then it will pump to probably $4-5.

>>54299396
give it two more weeks

>>54305261
you’re not buying back in

>>54299360
Kek, that sounds a little far fetched anon but let's see how it goes. For now I'm focused on the Elrond network where I spotted gems like Ride and Egld that earn staking rewards, and have good fundamentals.

is there a way to setup a stop loss on uniswap? i wanna leave my pc for a while

>>54307137
Use matcha.xyz for limit orders.

>>54307137
I meant 1.inch. Matcha doesn't offer limit orders on Arbitrum currently.
https://app.1inch.io/#/42161/classic/limit-order/ARB/USDT