/biz/ - Business & Finance

>>55855548
Im finally fucking making it, put 25k USD into this a few months ago got 51k DIST.

They just announced they're gonna burn a significant amount of supply. Hyperbullish.

>>55855574
stinky liar.
>40 holders.
>biggest wallet with 27k
.rest wallets are devs with 50mil and 20mil,

>captcha: dvv8k

>>55855633
Not other guy but
>Hasn't heard of multiple wallets
>Biggest wallet with 27k
Are you retarded or looking at ETH only?

>>55855548
Whats the easiest way to buy this?

>>55855810
It's in the tweet lol
https://discreet.net/pre-sale/

Copied from another thread but it's good:
If you're wondering whether or not to buy.

Literally, just on account of being a L1, on any exchange like mexc which is retardedly easy to get listed on, it will 10x, just on account of that

Discreet will most likely 60x because of its features, but yeah. No one will be smug if they didn't participate.

>>55855888
So yeah, get some, trips

>>55855888
whats a good amount?
>inb4 500k

realistic make it stack

>>55856011
5-10k is the safe comfort zone. that's 300-600k USD if the thesis works out, which it will because of this:
https://cdn.discreet.net/files/Discreet-Ledger-Formal-Specification-Rev-1.pdf

and what anon explained here:
>>55855943

>>55855548
I cant believe this wasnt a rug I remember biz talking about it in 2022.

At least I can buy now when its actually launching and not when it was just a whitepaper lol

>>55855548
i bought this first in april 2021 and it's been the comfiest 2+ year hold of my life.

As usual, biz will fade/staypoor

>>55856275
/biz/ has been calling this a scam for 2 years now, and now that its actually launching and shutting down presale, it will still be a scam, even after its on Binance it will still be a scam, but we will have our righteous smugness and money in the bank

>>55856311
all of crypto is a scam.
embrace it.

>>55856322
All of finance is a scam, we should all embrace it. But I embraced DIST with 5500 USD of my savings.

>>55855810
>>55855888
try 1inch.io first. there are people selling bags way under presale price OTC on there.

>>55856567
the liquidity there is horrible, and its only like 0.1 cent you're saving, and it's questionable if you'll be able to convert OTC tradings to mainnet coins, wouldn't risk it.

just go classic route: https://discreet.net/buy

>>55855810
be careful though people are doing fake token contracts etc. hop on the tg or discord for advice first.

>>55855548
DISTBROS WE'VE MADE IT. 2 YEARS THEY LAUGHED. FINAL STACK BUY. gonna get 5k tonight.

>>55852096
DISTCHADS 1 YEAR TESTNET. OCTOBER LAST YEAR. WE WON. /biz/ is eternally wrong. I am sitting comfy on my 25k stack, I think that's enough but tempted to buy 5k more. YEESSSS

>>55855548
What do they mean by a "special airdrop" if I up my stack during this phase?

https://twitter.com/discreet/status/1691944272952504609

>>55857091
"proportional to your buy" so I'm guessing if you buy like 1k DIST you get some extra or something, maybe there's categories. just speculation, nothing other than what frederick said in TG

they have to sell 2m dist more before CEX, this may take a long time

>>55857170
to be honest, this feels half-baked and not well planned, it more feels like a greedy cash grab close before launching. like they were thinking h'ey lets make a quick milllion by selling 2 mm dis for .5$' i hope this will not blow up and give them a bad reputation. would be a bummer to see a good product get sold badly. happens too often.

>>55857233
It was probably because they deals they signed with CEXs was for Q1 2024.

>>55857450
Do we know which CEXs they are?
t. 5.5k stacklet

>>55857610
Just speculation but so far from who they've proven communication with:
- Binance
- Kucoin
- MEXC

>>55855548
WE HAVE MADE IT. THEY LAUGHED AT US, BUT WE MADE IT. DONT MAKE THESE THREADS, THEY WILL BUY BEFORE CEX AND STILL GET GAINS. LET THEM SUFFER IN Q4. THATS WHY I PUT SA GE IN ALL FIELDS.

I just realised I still have 1.3k of this coin while checking my bsc wallet probably from shitcoining and aping into garbage, wtf does it do? I can't interact with it at all.

>>55855548
>3 CEXs confirmed
Yeah and they are
1) FTX
2) TxBit
3) Gate.IO

just dropped 10 eth did I get scammed?

>>55857712
>Tweeting at a corporate account with no reply is communication
They didn't even like the tweets which is the least they could do if there was a listing about to happen. Also we can take those 3 off the list because of NDA

>>55859555
oof. my condolences. I wish I had gotten here earlier to warn you

>>55857091
They mean frederrick is special because he was airdropped out of his mommys pussy when he was a child

>>55859555
digits telling me im gonna be alright

What's the market cap of this?
What does this shit do? Some privacy layer two?

>>55859934
>Layer one
>Currently in testnet explorer.discreet.tools
>Last few months of presale
>Speculated to be listed on kucoin, binance and MEXC
>First programmable privacy chain other than... you know, fucking DERO which is literally BASIC code
>Invented Confidential Proof of Staking

And that's why I hold 10k as of this morning

>>55859555
Now that's a fucking respectable stack

>>55859975
>Layer 1
Like we need any more
>Currently in testnet
Proof? And no I won't waste $1500 just to be proven right
>Last few months of presale
It's been the last few months of presale for the last 2 years
>Speculated to be listed on kucoin, binance and MEXC
Wrong. See >>55859547
>First programmable privacy chain other than... you know, fucking DERO which is literally BASIC code
Wrong again. You even admit you're wrong but failed to mention SCRT. Curious?
>Invented Confidential Proof of Staking
Proof? And so you guys lied when you tried to sell it as a PoW chain to the anon in that other thread

>>55860162
>SCRT

>>55860162
Apparently you'll have to buy it on bsc
>Gigakek
As if any respectable token were on bsc

>>55860187
silly boy

Guys devs are dodging basic questions about coin supply in the telegram. I’m getting a bad feeling over here. Sweaty pepe.

It always was and always will be a way to fund Fredrik's trips to NZ and around the globe. Smert contracts will release in 4 years from the get go. Pure speculative nonsense crap. Stay the fuck out.

>>55860302
They actually just removed discript from their roadmap. Silently. The audacity, lmao

>>55860302
Have you seen how much weight he's put on since he first shilled this scam? I doubt he leaves his mom's basement.

https://twitter.com/discreet/status/1692064307381444767

Holy fuck they burnt 85% of their initial circ. supply? DISTors must be cooming right now

Whats a good stack of DIST?

>>55860326
When post-nut clarity hits you retards will realise you fell for the most low IQ scam ever played out

>>55860302
>Smart contracts will launch 4 years from the get go
There's already a repo for them where you can compile them retard lol

>>55860326
Doesn’t mean anything. Ask the devs on telegram how much the supply will inflate over the course of 1 year - bet they won‘t tell you.

>yes goy, we burned 85% of our supply, yes, come and buy
> no no no goy we of course won‘t inflate the supply by 10.000 % after launching, never ever

Oldest trick in the book.

>>55860394
Its literally in the paper. there's 270 million mined over a decade, then .6% tail emission

>>55860411
Max supply =/= current supply, stupid

>>55860421
Current circ supply 13.3 mil, then mined to 270 mil over a decade, than .6% tail emission (probably, thats what TG has said anyways) after coinbase cap is hit

what the fuck are you missing here? that's exactly what max supply is? calculator hard using for you?

Dont know who needs to read this, but this shit is a scam
Check the archives, they spam every x months about this "presale"

>>55860433
There are time-locked funds. LOTS of them. Ask the devs about their release schedule on telegram. Please, try it. Really, just try it. How much the current coin supply will increase over the course of 1 year after launch. They won't answer.

>>55860434
they won't even answer basic questions about how they solve the concurrency issue in eutxo smart contracts. pretty sure they won't even release a working chain

>>55859975
the explorer doesn't load.
SCAM

>>55855633
so the devs are gonna dump on you basically

>>55860462
https://discreet.net/
https://discreet.net/download
https://explorer.discreet.net/ (loads, you're just on jeetnet)
https://developers.discreet.net/
https://faucet.discreet.tools/
https://cdn.discreet.net/files/Discreet-Ledger-Formal-Specification-Rev-1.pdf

ah yes, the classic "build a L1 using modern privacy research" jeet scam. Honestly you're so fucking retarded that I hope you commit to your suicide pledge. Meanwhile, I picked up another small baggie of DIST.

>>55860493
You should've asked them some questions beforehand, lmao

>>55860445
>>55860452

>>55860501
I'm in the TG bro questions get answered all the time

>>55860493
Explorer apparently went down yesterday due to DNS, but yeah lmfao, biz always fades on shit like this

>>55860698
So that's decentralised project for you. Little snafu on a centralised service (DNS) and down the gutter integrity and accountability goes. What a fucking joke of a project.

>>55860698
they only answer questions they like. try one of the above.

Give me 1 (one) good reason not to dump 30k EUR (60k DIST) into this right now.

Not kidding.

>>55860740
no one know how much the coin supply will inflate after their launch, see >>55860445. highly inflated supply = diminished gains.

also >>55860452

>>55860751
>They won't even answer basic coin supply
I managed to find it in 5 seconds of Googling + CTRL+F

>>55860765
I am talking about their release schedule. Can you tell me how much the current coin supply will increase over the course of 1 year after launch? Bet you can't.

And because you did not read >>55860445
here is the post, copy and pasted just for you:

>There are time-locked funds. LOTS of them. Ask the devs about their release schedule on telegram. Please, try it. Really, just try it. How much the current coin supply will increase over the course of 1 year after launch. They won't answer.

>>55860773
Its literally in their paper 0.6 DIST per block, and it was confirmed on TG

>>55860740
Do it. Might be the best decision you ever made, or the worst. I'd say go for 25k if you're gonna make a large purchase, will still put you amongst top 100 holders if you go eth chain

>>55860857
Sorry what? How does that answer any of my questions?

>>55860912
You are an actual midcurve if you can't put what those anons said together to a block reward + coin cap

complete retardation
Do you drool?

>>55860957
biz is full of these kinds of retards

>>55855548
Looks fucking interesting

>>55860740
Do it faggot

>>55857712
>MEXC
MEXC is really getting future cryptos for normies to grab easily. GLW is one of their latest.

>>55861129
DIST will moon. MEXC is smart

>>55860433
So circulating supply is fuck all 12M but 270M total supply to be mined over 10 years? so this means this is pretty much a guaranteed moon with no VC poison?

Holy fuck

>>55860773
you are an idiot, 5 dist per block, 10 seconds a block, comes out to around 2246400 DIST emissions per year, which is also in keeping with it taking over a decade for dist to reach it's 270mil supply before tail emissions kick in.

>>55855548
>launching in a bear market
enjoy your dump

>>55860957
>>55861283
>>55861335
>not knowing there are lots of VCs with time-locked funds

The joke is on you guys.

>>55861396
>The joke is on you guys

I've dropped $1.5k on this 2 years ago.
I could drop another $10k on this but honestly I'm not sure if it's not just an elaborate scam. I'm even in the private testnet but their github seems dead, private testnet is quiet as fuck, the development team is tiny...
Idk how likely it is that they actually come up with something that manages to go up

>>55861596
I have 10k as well, gonna get another 20k (which I guess I'll get 22k from). It's quiet cause they're focusing on their code, I check their github once a week

This will legit be the next 60x, it wouldn't surprise me if they had an agreement with Binance, don't fade on this.

15k might be the cutoff for validator

>>55861596
I also got in @10ct and I decided not to invest more. I’m just gonna wait. I really don’t like the hype from the team, feels kinda weird to me

wait a minute:

The wallets selling the coins in this presale are senting all the BNB to a Binance hotwallet account. Maybe binance took over this sale as part of their agreement for listing?

check transactions:

A normal presale transaction:
https://bscscan.com/tx/0x1d1428ed9449b5df9a6a7de8fcfc2df49edeb498680b1f9235abb82682f16299

Da36 bought the coin
7A43 is the contract selling it. Received 2,2186 BNB and in the same transaction sent it to 6667

Upon receiving the funds, 6667 sends all BNB to 74f2 (https://bscscan.com/address/0x5f560214435792c6d671dfbd5aac6fc4d4b074f2))

74f2 then send it all to Binance: Hot Wallet 6

I dont think this is a Discreet dev fund, this is a wallet directly under binance administration right?

WAGMI???

>>55861874
Holy fucking shit. Discreet is getting released on binance.

>from another anon, pretty much confirms Binance tried pre-sale and that's most likely the exchange:

wait a minute:

The wallets selling the coins in this presale are senting all the BNB to a Binance hotwallet account. Maybe binance took over this sale as part of their agreement for listing?

check transactions:

A normal presale transaction:
https://bscscan.com/tx/0x1d1428ed9449b5df9a6a7de8fcfc2df49edeb498680b1f9235abb82682f16299

Da36 bought the coin
7A43 is the contract selling it. Received 2,2186 BNB and in the same transaction sent it to 6667

Upon receiving the funds, 6667 sends all BNB to 74f2 (https://bscscan.com/address/0x5f560214435792c6d671dfbd5aac6fc4d4b074f2))

74f2 then send it all to Binance: Hot Wallet 6

I dont think this is a Discreet dev fund, this is a wallet directly under binance administration right?

wagmi?

>>55862317
BASED. Distchads we're gonna make it.

>>55862317
>https://bscscan.com/tx/0x1d1428ed9449b5df9a6a7de8fcfc2df49edeb498680b1f9235abb82682f16299

0x5F560214435792C6d671dfBD5aAc6fc4d4B074f2 is clearly a Binance Deposit Wallet for a user.

The dev team is sending the BNB directly to Binance to cash out

You deserve staying poor. Or, if you are the dev and scammer, you deserve to rot in hell and I hope your bad conscience will haunt you till you die

If anyone is interested I have a limit order on 1inch for 0.15c IDO is currently 0.5c I need the money its a family emergency. 76k DIST up for sale.

https://app.1inch.io/#/56/classic/limit-order/DIS/USDC

DIS address: 0x153ab47326A18209Cd24bBCDA4c5933714549e5E

>>55862833
There is literally no liquidity and doesn't work + these tokens will not be converted to DIST. Look out for these "swap" scams.

>>55862833
rot in hell you fucking scammer

this is the old DIS contract

>>55855548
WE'RE FINALLY FUCKING MAKING IT. FUCK YOU BIZ

Is picking up 15k worth it now?

>>55863304
Yes, especially if you wanna run a validator node early

>>55855548
BULLISH

another OG distchan

>>55863984
Who makes these?

>>55855548
Article to go with it:
https://discreet.net/news/featured/discreet-pre-sale-to-end


Feel like that's missing from OP. Based move from Discreet team.

>>55855548
>Are you gonna buy /biz/
After I've loaded my sui stack of RAIL then this is next! wagmi

>>55864406
RAIL is DOA. DIST is the way

>>55855548
>Inb4 you didn't shill it before it pumped.
/biz/ is about to get btfo.

>>55865260
Biz is like an ouroboros of losing out on alpha

>>55855548
Is binance listing confirmed?

>>55865665
Everything but

BINANCE LISTING CONFIRMEEEEED
NOT A DRILL

>>55866390
Is it actually? Source?

>>55855548
Most based project on /biz/ since Kaspa

>>55855548
I'll stick with my comfy 25k chad stack of blackswan

>>55855548
>MEXC
it's over, they always dump new coins

>>55867263
the team has been very careful they would never agree to MEXCs retarded conditions, there's a reason you haven't seen an announcement yet

MEXC is always eager to promote their bottom of the barrel shitcoins but never the ones that they can't dump on

>>55867404
Has they said this?

Hope you suckers are right about that...

>>55867773
We are, and you're the sucker

>>55867773
>Looks at bear market
>Looks at DIST stack
>Looks at launch date
Ahhh, comfy

>>55868178
Mmmmm.

>>55855548
So they're finally launching?

>>55855548
2 years of development and we're finally here. I guess miracles do happen

>>55855548
Is Binance confirmed?

>>55855548
>100k in sales in 1 day
>its a scam
pick 1 biz

t. bought 10k today

>>55869672
closer to 150k now, biz just self-fuds to squeeze mcap so they can shill after CEX launch

>>55869888
>checked
based digits.

>>55855548
This is unironically gonna be bigger than ETH

>>55861358
Yeah Im gonna watch this one from the sidelines. This isnt pre ‘22 where exchange listing helped you moon. Feels too hyped. I dont like feeling like I have to rush and make an impulsive buy. Everytime Ive done that I lost money

>>55869672
>>55869888

gonna take a few days until all the 2m coins are sold out

>>55855548
Why the fuck would I pay .50 cents for the "pre-sale" when other people participating in the "pre-sale" got theirs for .10 cents? I'm not paying 5x what others paid. Go suck start a shotgun Ranjeet.

Paid coordinated shilling from Pajeets

PIcrel DIST's dev

>>55870390
Just bought 750 DIST.
Am I a paid jeet too? You can verify it on the contract, looking it at it there's been like 150 buys today

>>55870483
I just bought 25000 DIST. Am I a paid shill?