/biz/ - Business & Finance

8k here, want to get to 10k before february.

10k o/

30k

dont listen to op he is part of that pump n dump group

https://steemit.com/xrp/@oneaday/1-community-for-crypto-signals-pump-and-dumps

they are targeting request networker

>>5860385
20K since .06 cents. Had 20K more at .07 cents but sold at 200%. Ouchies.

>>5860385
Im at 5k, I need to hit 10 before I become a full time shill

Announcement tomorrow?

>>5861835
SELL THE NEWS TOMORROW. IT GONNA BE BIG NIGGA

Fuck it, Im going to buy a few more.

Funny thing about REQ it’s that might get shilled and pnd’ed but in the long term, it WILL succeed.

Holding my 700+k from ico.
See you in q2 2018.

Can't believe my lack of patience made me jump back in to this at 92k. FUCK me.

FF2SpKx

Join this pump and dump group for easy gains

>>5862566
Let your instincts guide you

Lots of shit coins are seeing 30-100%. But 2 days of lucky 100% gains aren't going to buy a lambo. It isn't a reliable strategy.

>>5862701
>tfw only 3.6k :(

I'm hoping for 5$ but 3$ would be great too, the faster the better because then I finally have 5 digits to invest.

>>5862510
You've already made it but you'll probably be worth 8 digits in a few months. What a time

>>5862701
Seeing all these 10-100x moons while knowing I only have 10k is fucking depressing. Just 10x would make me so unbelievably rich compared to my current status. Just one time. But I'm too scared to all in on some shitcoin.

>>5862777
meh...

I have a bit more than you but I'm probably not touching my stack before 10$

>>5862777
Wut, I thought I was replying to the OP..
At least I got a get, 7€ confirmed before July 7th.

>>5860385

>>5862818
Then all in something that will x2 no matter what like DragonChain, Rchain, WanChain, IOTchain.

Bought 7 whitelist at ICO fuck y'all non believers

>>5862951
"""Guaranteed""" 2x isn't really worth an all in.

>>5862818
Look into FUN, srsly.

>>5860385
75k here

>>5862566
Wait until Friday. That's when the fun begins.

>>5863170
2x
2x
2x
is 8x. ""Guaranteed"" as you say.

Where did the Seattle rumor come from again?

Also, comfy with 50k.

Ya'll need to look at the market right now. Since market cap doesn't matter anymore, REQ will hit $100 easily this year.

Don't sell too early, senpai.

>>5864317
did somebody say FuN?

haHAA

>>5864663
Berlinanon posted it a few days ago
Although everyone has to keep in mind he doesnt tripcode or anything
I can at least confirm the guy who posted it was really german and and most likely also from berlin

>>5864914

What did he post? I have totally missed it out

>>5864937
He gave a hint about Seattle and said buy the dip.

Easiest hold in the top 100
Just think about all the new businesses that will easily be able to accept payments in ETH. That alone is a game changer.
Only real possible setback can be the fiat implimentation since it relies on LINK and I'm not sure they can pull it off.

>>5864937
Basically what >>5864981said

>>5865028
Does it actually rely on LINK? i always thought link was a PnD

150k here, am I going to make it?

Wat that

>>5865261
Using chainlink is one of three options they proposed
Since then linkies kept claiming request wont work without it

>>5865261
>>5865376
Source: request slack

>>5865473
>>5865376
Thanks.

>>5860385
4.5k here.

>>5865261
LINK is one possibility out of like 10. Although I'd love for REQ to utilize LINK. REQ makes up 60% of my portfolio, while LINK makes up 15%.

>>5865473

>using OMG would be the ultimate cucking of omg

hope they do it just for that lel

>>5865724

Will I make it with 125k REQ? Just sold 42k from ICO, 125k is my hodl stack.

>>5864914
>>5864937
He also told people to sell at 45 cents. And look how that turned out.

>>5865763
>will I make it with what is clearly going to be multi millions this year
fuck off dickhead

its over guys.... time to sell

>>5865763
Uhh, yup. You hold on long enough, you'll have $10M on your hands.

I love how what it's doing now is exactly what I thought it would do when I sold off a bit a few hours ago. Then I got weakhands and jumped back in high anyway.

Can someone enlighten me on why REQ is a good hold?

>>5866637
Here's a copypasta for you.

REQ is currently working on adding ERC20 tokens and Bitcoin support. Fiat is after that.

The point of Request Network is that you can demand payment in whatever you want (for example USD). And the payer can pay in whatever they want (crypto,erc20,other fiat) and through 0x and kyber they will get exchanged in real time with the lowest fees possible (an order of magnitude lower than the exchange rates of credit cards).

>I'm selling my anal virginity on Ebay
>It's priced in USD, but Ebay has embedded the REQ payment system
>You get to pay with cryptos, ERC20 or fiat, and no matter what you pay with, I still receive USD as requested.

Put simply, REQ tokens are what fuels the network. The REQ tokens are not currency.
Buyers and merchants will never interact with the tokens at all. They will simply use the payment system and experience it as an instant purchase/currency swap.

Aside from its intended usage, which is what everyone is basing their valuation estimates on, it will tap directly into a $500 billion crypto-market in which it's currently hard to cash out of, and expensive to buy into.

And as for competition, YCombinator, which has a high stake in Coinbase, also have a high stake in REQ. Since REQ's very functionality will pose a threat to Coinbase's entire business model, it is only logical to assume that REQ will eventually be implemented in Coinbase to ensure that both platforms survive and thrive. Owners never let one business kill the other when it is perfectly logical to merge the two.

See picture. If REQ handles just 0.1% of the global transactions, it means $5B worth of DAILY transactions. And $912M worth of REQ being burnt annually, which increases the price of remaining REQ. With a 10% marketshare, that number increases to $500B of DAILY transactions, and $91.3B worth of REQ being burnt annually.

READ THIS REPORT: https://docs.wixstatic.com/ugd/6f7ca2_96ffee2e91f14af3bbbcecdbc7aee3b1.pdf

>>5866735
Thank you. Bless you

>>5862777
I have a bit less than you, it's pretty shit. I'm going to hold it forever in case of $1000/coin given my holdings are so low. If I had 100s of thousands of it I would probably sell off most of it at anything above $5.

This feels like the most unremarkable coin on the market at the minute, it has potential but no momentum.
Hope the news tomorrow is something good
30 to 80¢ isn't very impressive considering other coins are going an easy 5 or 10x

>>5867137
It had crazy momentum days ago and has grown considerably in just a month. Is everyone here a fucking goldfish?

>>5867137
Are you retarded?! This just 10xed in 1 month

>>5867137
>slows down after going up 300% in 48 hours
>no momentum

>>5866946
Im holding 28k and i dont believe it will ever go near 1000$/token
>100$ might be possible in a few years

>>5867212
Could just be the unrealistic expectations most people have in req threads hitting a dollar seems challenging enough at the minute

>>5867395
10$ at the eoy 2019?

>>5867395
I don't think it's likely. And as time goes on what I do with my stack might change. But I don't want to be an ETH holder that sold early.

$100 and I'd probably cave and sell though, most of it.

>>5867558
Depends entirely on how implementation goes both online and in real world markets. If it goes even half-mainstream, REQ's marketcap has the potential to reach hundreds of billions.

Read the report: https://docs.wixstatic.com/ugd/6f7ca2_96ffee2e91f14af3bbbcecdbc7aee3b1.pdf

>>5867518
10$ q2 2018 is plausible

>>5867558
You can buy my bags if it reaches $50

>>5866735

Someone help me understand, but other than the venmo/PayPal 2.0 features, Req is also an "internet of things" platform where this can be all done automatically through artificial intelligence. So essentially the req network, for businesses, will automatically scan for outstanding invoices and pay them, automatically, and simultaneously update the accounting records by posting a journal entry on each general ledger for each business involved during the transaction.

If this is true, and works... jesus christ. This is a revolution and we are all millionaires. It's essentially wiping out credit card/check processing, accounting bookkeepers, and Auditors, all in one.

>>5868027
>Will it work?
Maybe but will it get adopted? That's an entirely different matter but 0.1% of the market would be huge already.

>>5868452

The assurance of accounting on blockchain is something that fortune 500 companies will strongly consider. They can save millions on audit fees, payroll expenses for bookkeepers, ect.

Do not sleep on this. Whales are accumulating. This is one of the safest bets you can make for 2018.

>Solid concept
>Applicable to nearly everyone in the entire world
>Devs distinguished and accomplished with a similar project
>Backed by Y Combinator, the seed accelerator behind Coinbase, Stripe, Airbnb, Dropbox, Twitch
>The first ICO backed by Y Combinator, naturally drawing more attention
>Y Combinator can use their shareholder leverage to potentially have REQ combined or used by Coinbase instead of having it eat away at the purpose of the exchange
>Operates at razorthin margins, virtually impossible to compete with once established
>Massive roadmap for 2018 and Q1
>Exceeds the use case of paypal through currency agnosticism and future tax and accounting automation
>Provides options for buyer and seller protection
>Provides a way to cash out of any coin
>Being picked up on the radar by investment firms
https://docs.wixstatic.com/ugd/6f7ca2_96ffee2e91f14af3bbbcecdbc7aee3b1.pdf

It will most likely not double overnight, and it will most likely not be the #1 best performing investment of 2018. But it's a very safe investment with incredible potential. Which is incredibly rare in crypto. Do your own research.

>comfy

>>5862510
only have 9k. will I make it son?

Qsp>req

>>5868785
Possibly. If they Paypal in size you'll be sitting on just over $7M. That might take 5-10 years. For your sake and mine, I hope they do it, anon.

>>5866735
if buys and sells don't use req, what does it fucking do then? how does the req sitting in your wallet do anything? do you stake it?

>>5869072
>Put simply, REQ tokens are what fuels the network.

Every time a transaction is made through the REQ network, a tiny fee, smaller than ordinary paypal/credit card fees, is charged and goes toward purchasing REQ that gets burnt.

I don't know how to simplify it any more than that. Reading the whitepaper is gold. Please do that.

lol get reqt

comfy 2k

>>5869265
Not him but what value do those actually have? Okay there's only 100M REQs left now. Okay there's only 10M REQs left now.

So what? I don't trade in REQ, why do I care an exchange of currencies went through a token no one uses for anything?

Comfy 4.3k REQ, waiting for 1$

>>5869414
are you seriously asking what supply and demand is?

>>5869451
You only have to wait until tomorrow.

>>5869265
How does that give the REQ any value though? Won't the system keep running even if noone is holding REQ? The coin doesn't seem to have a purpose for holders.

>>5869467
There won't be any demand if the coin doesn't do anything.

>>5869514
you need the token to use the protocol....
holy shit you guys had 3 months to research this

>>5869514
>There won't be any demand if the coin doesn't do anything.
someone doesn't know anything about crypties

>>5869265
>a tiny fee, smaller than ordinary paypal/credit card fees, is charged and goes toward purchasing REQ that gets burnt
this seems completely redundant LOL req doesn't actually do anything then its completely unnecessary

>>5869549
>you need the token to use the protocol....
he literally said you DON'T need req to use the protcol. so which is it

>>5869514
>>5869414
Do you know why Ethereum is worth what it's worth? Because it's the fuel that runs the Ethereum network. Beyond that it has no real uses.

REQ is the fuel that runs the REQ network.

>>5869621
he's saying you don't need to hold the tokens to use the network, you'll basically be charged a fee that will buy & use the req for you

>>5865028
>think of all the businesses that will be able to accept payments in (unstable cryptocurrency)
this is the thing I dont get. I went ahead and went "all in" with the 50 dollars I'm playing around on this with, but why would businesses want to take payments in something that changes so suddenly. why would customers want to pay with something that could shoot up in value the moment after they hand it over.

>>5869570
>>5869621
I don't understand how it's even possible to be this dense.

>>5869621
Dumbass, you need token to use the gateways, but you can use Kyber real-time instead of holding the token there is no real need to hold the token from the user perspective.

>>5869349
Comfy 1.5k req
1k link
151 qsp

>>5869680
>>5869696
>>5869699
so all im getting is that req literally has no purpose. like their protocol = lower fees and interpolarity, cool, but theres no reason for req token to exist lol

>>5869682
look up bitpay
request will basically be "ethpay"

lots of businesses think crypto is the future, thats why they accept bitcoin

Req is about to moon get in quickly.

>>5869833
>why use bitcoin when you can just use dollars?
you'll never make it

>>5869682
Fucking read this >>5866735

It explains your question. The whole point is that both the buyer and merchant can choose what they want to pay with, and what they want to receive. It's an instant currency-swap.

>>5869570
it's just their business model - the company holds a lot of req that will go up in value the more their platform is used and req is burned, which is what lets them not charge clients for using their service like paypal does. it's what allows them to be cheaper than their competitors

Huge news coming tomorrow with their Jan 5 update.

It shocks me that people are selling at 81c like this is as high as we're going to go. Cardano aka vaporshitware is worth 29B - req is going to be top 10 this year

>>5869833

This has to be a troll.

Holding req is considered a prepaid asset. It's a fee to use the service it provides. It's not rocket science you fucking neanderthal.

>>5869833
Well somehow the system has to be financed dont you think?
They do that by selling the req token
And since fees are converted in req and then burned the investors can profit from the network usage

>>5869833
I just don't understand why you can't read the whitepaper. It's got a whole section on the token.

>>5869414
>>5869514
>>5869570
>>5869621
Are you guys absolutely retarded?

The entire point of Request Network is that you can pay with ALL crypto/fiat (so also with REQ) and with a small amount of the currency you pay with Request Network will automatically buy a small amount of REQ to burn as the fee (so REQ is used by the protocol when you use it even if you don't own REQ).

So you can use REQ as a currency within Request Network and the more it's used the higher the demand and lower the supply of REQ thus a growth of the value of $ per REQ. Can't believe my 13 year old son is smarter than the average /biz/tard nowadays.

designated fudding thread

>>5870000
I have 18 ETH stuck on Poloniex because those fuckers just can't respond to tickets, and hasn't processed my verification docs in 48 hours. The whole reason I liquidated some of my alts there was so I could buy more REQ.

But now it might not happen.

>>5870091
(so REQ is used by the protocol when you use it even if you don't own REQ)
so you say the token doesn;t exist? stop with your fucking fud

>>5870280
When the fuck did we get invaded by an army of literal retards?

So why is there even any fee ? Why not just create a free system for money transfers. So stupid

are you guys fucking retarded . its a shitcoin that does literally n.o.t.h.i.ng

oh wait it does something. IT WILL FUCKING REQ YOU

HAAHHAHAHAHA

>>5869621
holy shit you are one dumb little monkey arent you

>>5870467

desu senpai this shit is going to crash I will lmao

tron masterace.

>>5870512
It's 100% some pajeet group.

Nobody is as retarded as these people are pretending to be.

>>5870446
>why aren’t energy and time consuming resources free
Jesus Lord

>>5860385

Best place to buy? 15 REQ withdrawal fee on Binance seems pretty excessive.

>>5870446

dude you shouldn't be in this market.

it's like disney land. you don't walk up to a ride and put in a dollar. you use the tickets you bought to take the ride.

some people keep their tickets so they can go back and ride later.

it's really not that hard to understand.

>>5867391
Wait until people shit talk FUN tomorrow lmao senpai. Literal ADHD board.

>>5870922
If you don't want that kind of a withdrawal fee you have to go to the exchange where the sun does not shine and only the ones that are dead trade: EtherDelta

TFW only 400 req

just did the math and at the rate others tokens are going up REQ will have a pump to around $1.05 by tomorrow

>>5867137
Nigga what.

I made nearly 10x on REQ and I bought it 4 weeks ago. I literally made more on REQ than I did on XLM and would on Ripple within that same timespan.

You're a dumb nigger.

>>5871512
TFW only 420 req

>>5869833
You are an idiot. Fees are paid in req and burned, but you can basically real time but the req to burn through Kyber.

If you can't understand it's utility, you are an idiot.

Sold almost all my stack for the Vechain promised moon mission :(

Now I only have 98 REQs.

What should I do? FOMO back in or off myself?

>>5871918
Same, I sold my XRP stack for VEN too. About to sell my VEN to go back, might put some of it though into more TRX.

ok so I'm new to this and I want to make sure I'm understanding the whole situation. Req seems like among the coins that have some popularity it gets the least threads (doesn't get 20 threads a day like dadi retardation but still has threads through the day), has a practical use in that it can be used to cheaply transfer money, even fiat for example but doesn't sound game changing enough to get normal people on board since they can already literally text eachother money as it is.

As it stands I can understand it going up in value so I put my little money in it, but people saying $100 ever, I just dont see where you get that from.

>>5873004

Leave and dyor.

>>5873512
been doing that, I'm just trying to put myself in the mindset of the more normal members of society you would want using this like the businesses you yourself talked about. I'm trying to imagine it catching on and being "game changing" or however you want to put it.

>>5873872
You want to be ahead of the normies though, don't forget that.

Also, everything is a gamble.

>>5873872

If businesses can save millions on audit and payroll expenses then.....they will go ahead and save millions on audit and payroll expenses.

(((Seattle)))

40k

>>5873004
>but doesn't sound game changing

Why don't you try reading the threads you're in? Because your understanding of what REQ even is, is completely off.

Read this >>5866735

question shills, if REQ is so great, why is it being shilled so forcefully. Wouldn't it be better to keep the price low for as long as possible to accumulate and maximize future gainz?

>>5875999
Accumulating stage is already over, the smart money has been in for quite some time now. Now it's time to shill to get the dumb money in, for example people like you who missed the train and will fomo back in at $1.50 next month.

>>5866735

Hey thanks for that... So do the req coins themselves, the things we're holding, have any value? Or are we just funding the company project without getting equity...

>>5876365

i bought at .20, buying more as soon as my check comes in, i just want cheaper REQ and wondering why shills are robbing me of my gainz

Considering going all in with my 7k portfolio on req tonight. Currently in zrx and xlm. Am I retarded? Convince me why or why not

>>5877045
Stay in XLM, Abandon ZRX for REQ.

REQ is not a question of IF.

It's only a question of WHEN.

That's big in Crypto.

I need this to reach $50 so my 20k REQ are worth $1mm. How long will this take? I'm dumb and impatient.

When is REQ going on Bittrex?

>>5866735
>YCombinator, which has a high stake in Coinbase, also have a high stake in REQ.


Maybe REQ will be implemented into Coinbase's internal systems. The more exciting prospect is if it becomes one of Coinbase's chosen assets for trading.

>>5875981
that's why I'm posing the questions. I'm not trying to be the people being willfully ignorant/spreading fud. I read those and haven't quite wrapped my head around normal people taking a risk on it. it may just be that I live in texas so all the business owners around here see something like that and laugh. Like I said, I'm new to the whole crypto thing myself so while I've got other tabs open reading about it, you guys are live feedback

3.2k here..

Will I ever make it?

>>5877500
maybe $5 at endofyear if you're lucky.

Considering selling my bnty for this or ven

is there any real reason to invest in this if i have $200
is it actually doing to do anything anytime soon

breakout within the hour
get ready bros

>>5878280
100$ or more per token assumes near paypal marketcap
Also once request is on tv or used by a big company normies will start using it
Its easy to use and simplifys crypto
It wont go straight to paypals marketcap but in future cryptos will get more widely accepted

>>5878432
Update tomorrow- if it's good news this could it could push REQ to $1, if it's a big sponsor or a big listing, it could pump really hard. If it's average news or just an update i'd expect a small dump.

I also wouldn't be surprised if it starts to moon today, it's been pretty stagnant lately and due for one since people typically buy the rumor. Regardless this is a good hodl coin so it's up to you.

105k Boys, let's get rich now

I have only 15. At least I'm not a nocoiner.

>>5870280
The protocol buys REQ through Kyber and burns it.

>>5877607
Use Chinknance

>>5878602
so the gamble isn't necessarily on req because as you show there are clear uses to it, but on normal people adopting crypto more as a whole which by default would mean a great increase for req. Then from the way you are talking you feel normal people normalizing crypto is almost a certainty. Again I really dont mean to sound sarcastic, I just want to make sure I'm following your train of thought on this.

Part of my perspective on this like I mentioned was from being here in Texas and being around the car business a lot where I see the richest people in it are the types that would say "that damn cryptoshit is a waste of time" and are sitting on millions in stocks.

>>5862818

Not getting BTFO to zero is more important than anything.

>>5878882
Req is currency agnostic and can work with fiat and crypto
My bet is on req becoming a big player since it got clear advantages over traditional accounting and offers a lot of features with low fees

>>5879020
I only have a few grand. Honestly is going to zero that bad? In comparison to the impact of hitting 100k+ it's really not that big of a feel.

Though I'd be fucking mad.

>>5879036
yes sorry I'm just saying for normal people to consider adopting it that would also mean normal people coming to accept crypto more.

>>5879204
I think that would depend on "what" money they were putting into something like this. When people place bets with money they can't afford to lose then well the effect of losing it is something they can't deal with.

>>5879266
No the point is normal people dont need to adapt to crypto since even if you sell something and want bitcoin they can send fiat and you still get your bitcoin
Apart from that the whole crypto market will still considerably grow in marketcap and request will also benefit from this