/biz/ - Business & Finance

It's harsh...

>>7037354
idk man. My bags are starting to feel very heavy.

>>7037354

It will insta-moon

>>7037354
There was one other coin that did something similar

>Dropped below ICO price for a few months
>Then mooned to $1.20
>Then it dropped all the way back to $0.45 where it stayed for a couple of months

Wanna know what coin this was? Ethereum.

I wish you newfags would at least take the time to actually look at how the history of some coins went to try and understand when you should be panicking and when you should be /comfy/ REQ is in a /comfy/ situation right now

When it goes it's gonna go (and it IS gonna go).

I just hope I have time to scrounge some more cash to invest before it does go.

Seriously, can you ever have enough REQ?

>>7037505
Holding 10k REQ. Am I going to make it?
How much 1 REQ EOY?

>>7037354
Hodling since under 6 cents, not gonna sell for less than $100

>>7037539
It will be $86 EOY

>>7037571
Actually it is far more likely to be worth 1,365.45. Screencap me faggot, and thank me later.

>>7037354
It's held by creepy virgins in basements.
Disgusting

>>7037614
Creepy basement fag here, who will evolve into RICH creepy basement fag for holding REQ.

I can confirm.

>>7037539
$5-15 EOY depending on how much we'll beat the roadmap (we're 1 month ahead right now)

The true bull run will start once token burn kicks in when mainet releases. BNB was also stagnating until they started burning coins and it exploded to $20. REQ will easily jump to $5 once mainet release in Q1.

>>7037601
Capped, if ur right I'll make a thread in a year.

>>7037505
>req is thu new etheruem guwyz

$10 EOY.
$100 EOY 2019.

I'll sell at 100 bucks, but it might go even higher if youre willing to hold for 5-10 years because of token burn.

>>7037881
Anything to post aside from meme picture refutations?

>>7037795
I'm nervous it's going to explode before I can get my tax return, I'm also almost nervous how high it could actually get. We dream about money but what about when we actually get it. Govt? IRS?

Just read the whitepaper
I found req to be weird and creepy
no wonder its doing so bad today

>>7037533

Same.

I'm selling shit on eBay just to buy another 100K REQ, but I feel I won't make it before this bitch starts to climb.

>>7037399
when??????????????????????????????????

>>7037899
agree with this desu

>>7037601
ahh a fellow poster coming from the future
i can tell because your REQ valuation is spot on

It will moon very soon, trust me I know

10$ at current circulating supply would put mcap around 6.5 bil...I'm gonna go ahead and doubt that.

I only have 10k, which I plan to hold for a year. you can't really go wrong with holding req if you bought before $1. In march you'll be wishing you got in this early.

1 dollar req defeats the purpose of the coin, read the whitepaper

>they think REQ wont moon on the 30th when the koreans come back

>>7038204
>a token which allows you to trade any cryptos to any cryptos/fiat for anything anytime for a nearly 0% fee which taps into a trillion dollar market wont reach 6.5 billion

fucking idiot

>>7038312
You can read the whitepaper all you want but you didnt seem to understand it

>>7038312

bs.

>>7038477
REQ being over $1 defeats the whole purpose of the token. If you knew anything about the project, you'd know this.

Use your brain people. Are you seriously going to fucking buy this over $1?

"Hey Stacey, want anything from Starbucks?"
>"Yeah, I want a mocha roastie supreme! But can you go get it for both of us, I don't want to stop watching Netflix!"
"Sure, can you send me some money though? My credit card is almost empty, I spent everything on Chad!"
>"Yeah, I just go this new app "Request Network". Download it and send me a request!"
"Wow, I just got it too! I'll put in a request. Hmm, that's weird Stace, it's saying I need "REQ tokens". Wtf is that?"
>"Uh, this app is so fucking weird. WEIRD AND CREEPY. Why do I need a token to send money? How do I even get them?"
"Just delete it Stace and use venmo. That app was made by virgins and creepy ugly losers."

Three weeks later...

"Stace, remember that Request Network app?"
>"Ugh. that ugly looking one that was obviously made by no life virgins?"
"Yep, that's the one. Well I GUESS I had to use it to send money because it has lower fees, but it's such a shit app and you can tell that ugly virgins made it. Guess what the app MAKES you do Stace."
>"Lay it on me girl, I can only imagine what the neckbeards that made that app make you do to use it."
"Get this Stace, I wanted to send 10 grand to Chad, and instead of just being NORMAL like Venmo and Paypal and entering Chad's name to send it to him, I had to enter his "wallet address". LOL!"
>"Holy shit, that is the nerdiest thing I've ever heard! I'm drier than the Sahara just hearing such nerdy, gay words."
"It's unbelievable, if you want to send money, you have to enter a 40 character string of letters and numbers. If you screw up, and of course what normal, non autistic person wouldn't under those circumstances, no refunds, because the app uses a "blockchain". Imagine the autistic spergs that made that app Stacey, they're so fucking creepy and their app is shit! Let's use Venmo only from now on!"

>>7038312
But a coffee costs more than 1 dollar

>>7038537
the devs chose to hold the tokens as payment for making the token, rather than make money off the fees. they want the token to go as high as possible you fucking retard. die in hell pajeet

>>7038312
its usually a cup of coffee but still not effective either way

>>7038555
rofl

>>7038555
holy trips its true

>>7037968
Don't worry, you have plenty of time before it climbs. Infinite time to be exact.

>>7038555
>>7038537

Lel, copypasta greatest hits in here

>>7038555
>what are qr codes

>>7038555
and chad wins again

>>7038753
not sure

any TAfags able to give a second opinion on this?

seems good if it breaks up because it breaks trend, enters 4 hour cloud and a volume ncrease would give a high probability of a pump.

REQ being above $1 defeats the purpose of this token

>>7037354
Going back to $0.25.

>>7037899
HAHAHAHAHAHAHAHAHAHAHhHA

>>7039168
forgot pic like a retard

REQ being under $100 defeats the purpose of this token

>>7039196
youll buy my bags at 100 faggot.

>>7039168
>>7039207
It'll go up anyway because people are going to accumulate in anticipation of news February the second.

Hmmm, I have some REQ already, should I sell my ETH for more REQ? Can't decide on this.

>>7039516
no reason for it to go up right now. id put it in a coin that will go up short term, then maybe put it in at the end of q1.

>>7039207
TA is only good for bitcoin

this just shows 2 p&ds

>>7037986
lol

>>7038555
Damn I usually spend some time to debunk this meme, but trips are trips.

>>7039736
which months are q1?

>>7037614
did you buy bitcoin in 2011 for organs trafficking and cheese pizza? then it's the same

>>7040187
You got to be kidding me.

>>7040187

i am so fucking tired of this shit not doing anything, wish i could drop this trash

>>7039127

imagine buying REQ when it was above 50 cents

ouch

Is Req a coin or token?

>>7040187
literally google it.
>>7040669
token, but does it matter?

Online sales will account for 17% of all US retail sales by 2022. If only 9% of those are handled by REQ it will be worth over $139!

>>7037354
It will make its comeback shortly, now that eth is running.

Hold your eth. Trade your btc for req.

You are welcome :]

>>7040187
Too fucking kek of q1

>>7037568
Bought 3k at 15
Just bought 3k more

My second comfiest hold behind eth

>>7040978
I only have 6.4k, not sure if I'll make it with this, should I buy 2,000 with the student loans I'll get tomorrow?

>>7038555
>some nerd realizes REQ system is fully fleshed out and functioning
>saves 50% transaction cost over the best existing system
>develops a nice simple front end with email-name-address configurations to make it appeal to normies. Something that any idiot average programmer can do
>considering the superior backend, it steadily gets adopted worldwide
>nerd becomes a billionaire

Only a fucking idiot cant discern between the genius and value of the backend vs some basic cosmetics that any amateur can set up

>>7041105
Honestly just do it. It won't get lower than this so you won't be losing money. Market is slowly recovering.

>>7041105
if we stick to the roadmap, this will be $5-15 EOY.
but don't trust random anons on /biz/, DYOR.

>>7041198
>It won't get lower than this so you won't be losing money.
please be true

I've never touched crypto but I heard people talk about Req and it piqued my interest
I'm wondering though, all the sites I've looked at want fuck loads of my personal info
Is there a site that I can just pop my debit card into, buy like 20 bucks of btc so i can trade into REQ?

>>7041306
Nope, you gotta bite the bullet and shove your dick in the safest looking wall-socket.

I went Coinbase to get ETH and over to Binance to buy the REQ. Both legit, recommended.

>>7041306
BTC transfer fee is 20-25 bucks alone. You need to put in say $200 or more. Coinbase, buy Ethereum, transfer to GDax, then transfer to an exchange like Kucoin or Binance. Do all the necessary verifications, keep copies of passwords, get a wallet( look up paper, hardware, and desktop wallets as well as browser ones like Metamask and MyEtherWallet).

I wouldn't buy BTC or ETH right now because it's at such a high price. But if you do, buy REQ if you want. DYOR as always.

>>7041306
Due to money laundering exchanges are forced to ask for your identity when you pay fiat.

Secondly I recommend buying ETH and then buying REQ with the ETH instead of BTC.

>>7041217
I bought in at $.06 so I know the product pretty well, but at this point this thing is either a 50bill market cap product or it's gonna fail miserably. When I saw the devs were funding their ecosystem it really gave me hope for the former, but like you said, no one knows for sure.

So why did the REQ team spend 30 million dollars to outsource their work to pajeets?

>>7041826
holy shit you imbecile I literally just explained why in the post right above you.

>>7041604
>>7041509
Damn thanks
I nearly bought into crypto a couple years ago, so most lf my infos based on how it was back then

>>7041857
You did not explain why, a fully funded organization, went silent for months and then paid additional capital to LITERAL PAJEETS to code their work.

>>7041826
because you have to be a fucking absolute retard if you think you can build a platform without getting people to build upon it.

so, retard? makin any money?

>>7041914
that was always the plan, to have a community built around the token. they are still developing the token retard. its like cat games for ETH, but actual serious projects they are paying millions of dollars to develop.

>>7041826
this is not acceptable
I just sold my heavy bags
I just can't anymore

>>7037986

>>7041914
literal pajeets? It's open to the community, and having an ecosystem around a project is how to make the big money, see: NEO, ETH. I can't tell if you're trolling or unironically stupid

>>7041914
this was actually great new though

Finally dropped my stack. Bought at $0.04 so still a nice profit, but it's time to move on. Opportunity costs are huge and REQ is not moving anywhere for the next 3-6 months. I advise you to sell and rebuy when it bleeds to $0.15. Not a bad project, but it needs more time, time you can spend making money elsewhere.

>>7042216
>main net dropping in the next 4 weeks
I heard upfiring is going to the moon new friend

>>7042094
I can tell you're from reddit since you don't understand what happened. It wasn't posted there.

The devs were silent for months. All of a sudden they spent $30M. That $30M went to developing the REQ platform. That development was outsourced to Indian programmers.

This has nothing to do with a community, whatever the fuck you're talking about. The REQ team was supposed to be creating a platform and they announced that they had outsourced it for $30M.

>>7042264
Nice, just bought 100k.

>>7042264
kek keep FUDDING yall. im accumulating if you wanna sell to me

>>7042289

>Announcing a $30 Million Request Fund

sounds like you bought at $1.10 and sold at $.40

https://blog.request.network/request-network-project-update-january-19th-2018-announcing-a-30-million-request-fund-6a6f87d27d43

>>7042289
Source for the Indian programmers part?

>>7042407
No.
>>7042454
see >>7042407 and actually read it. they were supposed to come out with main net and instead announced they were going to outsource any real work

>>7042550
>they were supposed to come out with main net
No they weren't, that's coming in Q1 (WE STILL HAVE 2 MONTHS)

>>7037354
Everyone here that held it said it would be a long hold.

I admit it sucks watching opportunities pass by, but you can't be in everything.

>>7039127
>saving the thumbnail
Please tell me if you hold any REQ, I need to know if I should sell.

>>7039127
Dumb redditor saves a thumbnail

>>7042550
I still don't see anything about Indian programmers.

look at this team
what do you see?

>>7042264
>4weeks of eth doing 5%
>1.05^28=3.9

4x before muh main net

>>7042988
Opportunity cost is a meme.

I know a poorfag that went all in REQ at ICO. Got 10k tokens. Release was pretty bad, so he sold at lost to chase other moon missions and not lose the opportunity. He made a 5x since. Holding REQ for two months would have got him 15x if he sold at the peak.

>>7043180
a team of[people who look good at what they do

>>7043180
NO PAJEETS

>>7043180
to many women

>>7043235
Yeah for sure it's gonna be hard to balance between ETH and REQ, but the person I was replying to said 3-6 months, while at most there's a month of gains elsewhere to be made before this thing takes off.

>>7043180
A bunch of weird and creepy virgins

>>7043235
This assumes ETH will move at 5% every day instead of an average of 10% a week.

>>7043251
I _really_ need to get into something at ICO.

>>7037601
I am actually screen capping you rn

What do you guys think of AMM?

It is a direct competitor and is already being used/has a product. Also like 5x less market cap

>>7043668
78% of ICO coins will drop at a price lower than given at ICO. So no. You're more likely better off just waiting until it dips below ICO price and then accumulating.

Even Ethereum dropped below ICO price for a couple of months. Same as REQ. If you participate in an ICO you have a 78% chance of paying too much.

>>7043668
REQ is actually pretty amazing because it dropped below ICO for like two or three weeks. People who looked at that with their own eyes and missed it have zero empathy from me.

You need a good ICO. Not an ICO. I got recently into Ink Protocol (another Y Combinator project) and will get into Bee Token this wednesday. I'd probably 10x my money by march-april with little effort.

>>7043709
Shit. The only direct competitor I am slightly concerned about is Wanchain. Even OmiseGO (as far as you can see it as a competitor) doesn't pose a real threat. Some startup wannabe with no institutional backer like AMM is never going to succeed over REQ

>>7043762
>You need a good ICO. Not an ICO.
True, but kind of what I meant, obviously.

I just want at least one super moon. So far I've only done 3-5x my money depending on the week since I started in November. It's kind of depressing.

>>7040187

>>7043843
You wouldn't get 3x in a year on traditional investments. Don't get greedy and keep doing research/coherent buys.

>>7043762
Why did I never hear about Ink protocol? Looks promising.

>>7043947
Yeah I know, but since I started with low capital (less than 10k) from being a lazy fuck I'll never be a billionaire ;_;
Guess it's my fault for not working and getting some more money sooner though.

>>7044007
You'll probably never be a billionaire. A millionaire is not that out of the question though.

Also get off your ass and develop some skills. You need to use your crypto income as seed money to start your own company and make it big. Do some Electrical Engineering etc on the side.

>>7044098
This. Too many anons who think crypto is the beginning and end of their entire lives. Get some real skills in parallel or you'll regret it.

>>7044098
I would actually love to be an electrical engineer, but I got lazy in my late years of high school and now I'm a mathlet.

>>7043997
>Why did I never hear about Ink protocol? Looks promising.
Yeah. I did my research and got in inmediately. ICO was nuts, sold out in 13 minutes even with 1 ETH cap. It will be shilled heavily here in about one month, once they release the tokens. Probably partnering with Request eventually. Already with Quantstamp.

>>7044007
I started with 400$. In Venezuela. Come on... There's still chance for you to make it.

>>7044274
Could Ink protocol be working as an application upon the Request Network?

>>7037965
You are an Idiot for paying taxes.

>>7044421
Honestly, yes. They could be integrated to their own payments technology. Team being backed by Y Combinator also gives strenght to the theory. Bee is already partnered with Request for that.

But let's keep it about REQ. These two will soon have their moment to be talked about in /biz/.

>>7044549
If you live in the U.S. + your USD went through Gemini or Coinbase/GDAX and you don't at least report your ETH/BTC ---> USD...you're gonna be fucked.

>>7038555
Venmo has no fees

>>7038312
My favorite copypasta fud

I'll say it once, but the transaction cost will be fixed to a percentage of the total transaction value. This cost will be paid by whatever fraction of REQ is necessary given the current valuation.

Devs have been very clear about this.

>>7038312
I see this fud for every coin lol

>>7041306
Buy LTC or ETH on coinbase transfer it to binance and convert it to ETH/BTC to trade on the ETH/REQ or BTC/REQ pairs

HOLY SHIT 41 BTC ORDER

ill leave this here

>>7043180
No pajeets

Only a couple women to keep motivation up

Overall 9/10 just needs some nolife genius chinks to carry the actual work.

>>7042289
>>7041914
This is bait and I feel bad for anyone who falls for it. I'm only writing this out for the sake of the one or two gullible people who haven't lurked enough to know.

The fund is to incentivize developers to build dApps on the REQ platform. No portion of development is being "outsourced"

The team is backed by Ycombinator and has 120M+ in ETH from the ICO standing behind them.

Do you really think Ycombinator is just sitting there and not closely following development on this project?

120 million fucking dollars puts REQ as one of the most funded projects Ycomb has from that batch of startups.

Do you really fucking think Ycomb, the same people who funded twitch, reddit, airbnb, dropbox, stripe, gusto...

Do you really think they're just sitting there and jerking off? No, you bet your ass they're leveraging the absolute shit out of that team and giving them as much support and backing as physically possible.

Need I say it again, one hundred and twenty fucking million dollars

>>7045327
>asks
So... it's literally meaningless.

>>7042289
by
>silent for months
you mean regularly bi weekly updates and consistently following their roadmap right?

>>7044549
If you use coinbase and make more than a few thousand it gets automatically sent to the irs you fucking retard

>>7045161
i think they say something like .5%, & .05% eventually, ya?

>>7045327
its 135 on binance already

just sit and watch the money go by... go back to facebook

How much USD do you recommend putting towards REQ?

>>7045687
as much as you can

how is this still under 50 cents and you guys arent panicking?


better investments out there lol

>>7045687
I'd split your investment

33% RLC (Partnered with REQ)
33% LINK
33% REQ

>already back to yesterday's price

why are you guys surprised that no one wants to buy your bags for a project that doesn't have a working product, was essentially outsourced to pajeets, and will be made obsolete by venmo/robinhood/quickbooks by the time it even has a working product. you guys fell for a meme

>>7046359

>no one wants to buy
>someone literally just put up a 1M req buy order on binance

lol, just lol

>>7046384
i don't give a fuck. you are missing the point nigger

>>7046415
Cya when you fomo in and buy our bags when this moons guy

>>7038555
Why would she be entering his address when the entire point is that the other person sends you a request for the money?

.25 is more likely than .75

fact or fiction?

Insider here.
REQ will be integrated with Coinbase when the "Pay with Request" button launches.
Pay with Request will accept most of the top 20 market cap coins.
You have been warned. The FOMO once all of this is announced will be like none seen before.

>>7046467
haha this is cute, but i'll just use venmo like a normal non-virgin

>>7045455

Chinks are the lightweights for doing repetitive work, typically.

It takes a Vitalik type.

>>7046484
Post proof

>>7046491
>oh no Req is mooning but I was to busy being a faggot on a Cambodian dry cleaning forum
Do you not like money anon?

>>7046484
I want to believe.

Reminder that /biz/ FUDded and called REQ a failure when it dropped near 50% below ICO. It did 15x since.

REQ dropped 50% below ATH. /biz/ is doing the same now.

See the trend? Next FUD will be the drop to 2$ after it reaches 5$.

>>7041509
You should be buying LTC, the fee is like 5 cents. Eth fees are over a dollar.

>>7046549
Nigger ETH transactions are less than 5 cents since a week ago. You can do one right now for 2 cents.

http://ethgasstation.info/

>>7046590
Thanks, saved me the hour transfer time on ltc.

>>7043762

Holy shit. Request Network and Ink Protocol are totally going to partner with one another. I just perused their white paper and they could use ink protocol for Decentralized Reputation and Feedback, Decentralized Escrow, Third Party Dispute Resolution, Very Low Transaction Costs.

>>7046590
Wait what. Why?

>>7046766
it was actually 26 cents when I just tried to move some from coinbase.

>>7046873
Exchange withdrawal fees are never network fees though.

But why is it so cheap?

anyone see this whale about to buy in?

>>7046484
I don't believe this because every morning in the shower I literally fantasize about this, we've all thought about it.

>>7046913
Because the price of eth has dropped and so has the volume of trades.

>>7047047
It just rocketed up 12h ago though? Hasn't come down.

>>7046969
If he wanted to buy in he would, he wouldn't just leave a massive wall there.

>>7047149
it was $1400 for one eth a bit over a week ago.

>>7047032

It's not too far fetched, they have the y combinator connection.

>>7047270
yeah it's not impossible, but we're a while ways out from there. My dream is that it's $10 when CoinBase announces that and it rallies up to $50, but those are very big numbers and would put REQ in the top 10 easily.

>>7047270
This. What all has Y combinator connection, you ask?
Stripe, Coinbase, Request Network.
Put these three together, and it's the normie AND cryptovirgin payment system of the future.

>>7047164

whats the point then

>>7047336
Well what is it making you think?

>>7047331
Is that your insider connection? That you checked their previous classes?

>>7047328
Oh yeah it's a long play for sure.

>>7047331
Not to mention it could be integrated into Uber, Airbnb, etc.

>>7046484

Source.

>>7047331
Stripe is currently partnered with stellar.

>>7047482
just sold all my req for xlm

>>7047565

Nice, just purchased his sell order at market.

>>7047482
Stripe provided Stellar's seed money, they don't currently support XLM but are considering it.

>>7047632
>>7047482
You people are fucking idiots.
Stripe being partnered with Stellar doesn't preclude REQ implementation. Ideally, a fast transacting currency like XLM would be the best token to use when paying with REQ.

>>7044549
The IRS will fuck you harder than you ever want. They're going to be looking a blind eye at anyone who reported crypto gains and they're going to harvest the retards who didn't do anything

REQ is a good project, been holding since ICO and have been very comfy so far. This is a long term hold, if you are looking for a quick flip or swinging it I suggest you look for other coins.

>>7048069

I'm not sure why you tagged me in this but yeah ideally REQ will support a number of cryptos in this manner.