/biz/ - Business & Finance

>>9426191
then kys faggot, nobody is gonna miss you

>>9426191
>bought at a dollar twenty, not at 4 cents like me.
kek

>>9426455

This.

I can't imagine the pain of those who bought above 50 cents.

Is there any reason for this to go up in price? Some coins give you a reason to hold like PoS but what is the incentive to hold this?

>>9426455
BOUGHT AT 5 CENTS

DIDN'T SELL AT THE TOP

NOW I AM HOLDING BAGS

>>9426672
i got in at 5 cents, sold a $1, but then bought in at $.4

>>9426583
Holy shit do yourself a favor and don’t rely on getting spoonfed what will most likely be biased information by anyone on here.

How hard is it to go to request.network and read their site and whitepaper?

The price will go up because the token is auto bought and removed from the supply to pay for network fees with each transaction, essentially creating “passive” buy pressure due to people using it without even knowing what the token is.

Now go and confirm this information I just told you.

>>9427112
Yes but if the token price is higher less tokens get burned.

>>9426557
I bought at 70 cents but was able to cost average down to 38 cents

>>9427112

>The price will go up because the token is auto bought and removed from the supply to pay for network fees with each transaction, essentially creating “passive” buy pressure due to people using it without even knowing what the token is.

You shouldn't like to people, it only strengthens the FUD.

We all know that the token burn is so infinitesimally small relative to the circulation, that it's sooner that the universe as we know it will succumb to heat death before "token burn" begins to even remotely affect the circulation.

>>9426191
Man, it's just dissappointing, every time i check this coin.

Apparently it wants to be Paypal 2.0 but it's only going down / stagnating around a 20 cents.

>>9427536

>You shouldn't like to people, it only strengthens the FUD.

Ahem, LIE to people.

>>9427536
No shit, nobody uses the network

>>9427595
and they never will. Why would anyone use REQ when MEW is free and does the same thing?

>>9427648

Do stores want crypto or fiat? Well there's your answer, REQ can turn ETH, BTC and many ERC-20 tokens straight into cash without the store needing to handle the kafkaesque process of accepting payments in crypto

"pay with request" is already compatible with 40% (IIRC) of all web stores today, if they choose to implement it.

MEW =/= REQ basically

>>9427595
how many people used thefacebook.com in 2004? give it some fucking time you impatient teens

>>9428078
Listen dickwad. This market moves fast, and the future is not promised. 20k could have been the top and now we are slowly Declining to shit. Very possible, now imagine the feeling you'd have if you had your funds in req the whole time bleeding


While other anons are making gains on coins that perform. Req is the worst fucking gainer there is plain and simple. Now open your deluded eyes and look at the chart.

>>9428189
boyo, i have had 100k REQs since the ICO and bought a few more when it dropped below ICO, havent bled anything. I have had better gains in other coins yes, but that does not change the fundamentals of this projects, which is one of the most groundbreaking projects out there. What happens when your shitcoin that went up 500% this year is declared a security by the SEC and drops 90% in a few hours? Still glad you had "gains" that you didnt cash out?

You need to think long term, not just the next "moon". Look at some dotcom boom and bust charts and reevaluate your tactics.
Long > short

>>9428367
yes

>>9427648
This has to be satire

>>9427648
>and they never will
I mean you're probably right.
>Why would anyone use REQ when MEW is free and does the same thing?
oh no its retarded

>>9428078
>REQ can turn ETH, BTC and many ERC-20 tokens straight into cash

That's the problem - it can't and the team abandoned the fiat integration.

>>9428653
i dont think they abandoned it, that's what the whole Maker DAI partnership was about. You can pay in eth and the request network turns that into a stablecoin (DAI) which is always worth 1$. There will probably be some automation from there on out, I.E. automated bank transfers from Maker once a week or something

>>9428653
found it, they are just pushing it back because it's not as pressing in the short term, but they will integrate it

>In the short term, we will focus on payments in cryptocurrencies, salaries, or loans. This is a fast growing, untapped market where we bring the most value. In the mid-term, once the benefits of Request have become more evident, we will move to fiat and turn Request into a mainstream solution.

>>9428492
>>9428556
you can already send all the erc20 tokens via MEW, not just a select few.

just use coinbase for btc and you are set

req is useless

>>9428189
>20k could have been the top
Oh god you’re one of those retards that not only thinks if Bitcoin dies all of crypto dies, but someone that genuinely thinks crypto could end tomorrow.

Just leave, pajeets like you that treat this as more of a casino and don’t actually think any of this is legitimate are the cancer that this space will leave behind as it grows.

Your opinions mean literally nothing.

used to love req. first and fav. holding. until a few weeks ago. holding major bags.

>>9429010
These fucking faggots are sabotaging their own project. Fiat is the link to the masses. If I want to pay someone in eth, I'll just send them eth via mew. Fucking idiots.

>>9429039
did you drink paint as a kid? You think every fucking purchase needs a unique ethereum address? How will the transaction be verified? When is the purchase "complete"? Who will get the key to the wallet with the payment? If you think every fucking purchase can be pooled into one wallet/address you are sincerely mong.

Request will make that whole process easy as fuck with a simple button which integrates with metamask

fucking stop and think for a second before blurting out shit, jeez

>>9429161
it's not about sending eth man, it's about creating a payment protocol that makes payments in (most) cryptos as quick as paypal, and cheaper. Fiat will come. First they need to make crypto ((ACTUALLY)) usable in commerce, then they can tackle the world fren

>>9429337
And REQ seems to be going about this smartly by having DGX and DAI as two of the first 5 alts you can use on their platform. Stablecoins will prob become the standard way to pay in crypto.

I see people shitting on REQ without having any fucking clue as to what the fuck it actually is lel, the absolute state of biz, i will send a postcard from the moon

>>9428189

>>9429380
Yes, they are going the proper route, which is a good sign of their professionalism. Stablecoins are the golden standard of crypto payments, why the fuck would anyone accept volatile currencies?

WEIRD and CREEPY

>>9429010

They simply had no other option. There is actually no infrastructure to support fiat integration.

You brainlets don't realize that for automated fiat conversions to take place, there needs to a regulated liquidity provider, like a bank or Coinbase, to provide the fiat for the decentralized exchanges needed to make the swaps. So not only oracles, but a whole layer of regulation which does not even exist.

You brainlets really need to think about this. REQ are simply waiting that someone else comes along and does the hard work for them.

>>9429479
>he uses fake internet money to buy other fake internet money

>>9429578
Yeah, i read their blog post from late december now, seems the fiat part if a fucking quagmire as of now, they are waiting for someone like Chainlink or other oracles to come along and/or stripe or mastercard to handle the fiat part.

can we expect partnerships out of consensus?

>>9429971
>As Consensus 2018 is getting closer, our main goal of visiting the event has shifted slightly. As we will now fully focus connecting with potential partners, it makes sense that our Strategic Partnerships manager Christophe Fonteneau is attending too.

>>9428078
legit the only sensible person in this entire thread.
REQ is a 3-5 year hold. the price won't start going up until the network is actually being used (if wikimedia started accepting donations through Request, that would certainly drive the price up, but who knows when that'll happen)

>>9429971
most likely. They also suddenly started posting a lot on twitter and have made branded merch, so they are probably trying to establish a brand and become recognized among the crypto "elite"

>>9430059
i think they are trying a new "hype" approach to PR

>>9430039

"We're gonna talk to people"

Not holding my breath for partnerships.

>>9429658
OmiseGo or Stellar will handle the fiat. And the fiat will never, ever be USD. It's going to be Asian and African currencies, which isn't ideal, but we can still make money if those turd worlders use our network. Africans and Jungle Gooks probably don't have the strict regulatory framework whites do and they don't have Jews running their finances so they'll probably be dumb and start issuing tokens on one of these blockchains that can be swapped one to one for their dogshit national currencies.

That being said, you speculators need to find other coins and fuck off from REQ. Why? Well think about two scenarios:

1. All the sell orders from 30 cents to one dollar are bought out by one human being. He now owns all those tokens and can sell them when he wishes.

2. All the sell orders from 30 cents to one dollar are bought out by the token burner contract. Those tokens cannot be dumped back on to the market, they are out of circulation forever.

Which is a better thing for token holders? Obviously number 2. Practically speaking though, since fees are so low and nobody is using the network we'll need greater fools to drive the price of our token up, just like every other token in existence, so I take back what I said about speculators fuckign off.

>>9430099
>>9430039

Looking at how well
>Strategic Partnerships manager Christophe Fonteneau
has done so far, they might actually pull the right strings and land something huge

>>9430186

Nobody likes French people tho.

>>9430201
lets just pray he doesn't have the annoying as fuck french accent and snail breath

Guys I think the random coin burn destroyed my wallet

As soon as I sent them to my paper wallet it caught on fire and almost burned my house down

>>9430248
then who was phone????

>>9426191

metoo

>>9430117
i think we need both speculative value and the value from the fee burning, but not too much hype, we need steady growth. The more tokens burned early on = much higher token value in the long run since fees are calculated in fiat, not amount of tokens

>>9426191
Bought 3k worth at .17
Sold at .31, no ragrets. I thought biz followed the golden mantra of not falling in love with a coin?

>>9430780
>I thought biz followed the golden mantra of not falling in love with a coin?
heh, good one

>>9430780
>I thought biz followed the golden mantra of not falling in love with a coin?
>link
good one

>>9426672
>up 400% is holding bags

>>9431000
Trips bro !
We mooning !