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/biz/ - Business & Finance

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File: 277 KB, 2000x1000, salt.png [View same] [iqdb] [saucenao] [google]
9941532 No.9941532 [Reply] [Original]

>he isn't accumulating SALT on this juicy dip

Not gonna make it kid

>> No.9941544

>>9941532
> Using SALT when there's ELIX

brainlet bigcap boi detected

>> No.9941550

I have 280 salt from the December. I'm not buying any of this shit again.

>> No.9941551

Anyone know what’s gonna happen with this coin? I got in forever ago at $5 and didn’t sell when it hit $18 because I was waiting for it to go to $25 since it’s pretty much guaranteed that due to arbitrage

But then everything got sunk and salt seems totally dead in the water now

>> No.9941552
File: 825 KB, 960x738, 1510370504325.png [View same] [iqdb] [saucenao] [google]
9941552

>this
>as in singular

>> No.9941553

>>9941544
Poo in loo rajaneesh

>> No.9941554

>>9941532
>no stop loss

>> No.9941606

>>9941532
They already exit scammed and have ghosted all of their social media outlets. I’m sorry op but it’s over.

>> No.9941616

>>9941551
It'll moon very soon

>> No.9941635
File: 29 KB, 406x452, 1527239609746.png [View same] [iqdb] [saucenao] [google]
9941635

>>9941606

>> No.9941640

>Get a loan and use the SALT to pay off 10x the value of the token itself.
>????????
>Profit

>> No.9941654
File: 60 KB, 167x157, Capture.png [View same] [iqdb] [saucenao] [google]
9941654

tfw sold @ $14

>> No.9941763

>>9941551
the supply / market cap was so high compared to the demand for fees for loan that it was a given that platform usage demand wouldn't carry the price, even if salt had actually given more than the paltry 30m in loans (by march this year) of the over 1bn in loan requests.

>>9941616
Why? Do they have a more serious lending partner than Bank of Fucking Mauritius now that is actually willing to throw serious money at lending out through them?

>> No.9942375

im curious, does it say anywhere how many loans theyve actually processed up to this point?

>> No.9942470

>>9942375
Fuck loads

>> No.9942489

>>9942470
Reading comp is not there

>> No.9942645

>>9942375
This is their last update on the matter as far as I know
https://twitter.com/SaltLending/status/969744196155293697

>> No.9942715
File: 294 KB, 588x462, CoinLoan.png [View same] [iqdb] [saucenao] [google]
9942715

Nexo probably has similar problems with limited capital to actually lend out.

Pic related's model being more p2p with lenders offering their terms directly for borrowers to accept / go into might remedy that. They won't be competing with salt at first though, as their license is for EU, but they will expand eventually. They're launching at end of month and my bags are pretty big so I'm pretty excited and a little scared to find out how much their partners are willing to offer in crypto collateralized loans to begin with.

It's the best model I've seen so far, but things can seem better on paper than it is in reality for unexpected reasons.

It's launching sometime this month and market cap is currently around 1m USD I think, so the time to dyor is now. They haven't started marketing yet but I assume they will after launch. Maybe after making sure everything operates as it should when it's live, in which case there will be a small window to accumulate even after launch.