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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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20704072 No.20704072 [Reply] [Original]

I'm financially ruined kyberboys.

>> No.20704116

>>20704072
Same with Bancor. Is the DeFi bubble bursting now? 10x on all DeFi projects this year. Probably it was the peak.

>> No.20704172

>>20704072
Patience grasshopper. Nothing has fundamentally changed. Folks are FOMO'ing back into Stablecoins. The overall cryptocurrency market still hasn't heat up yet with new money and stocks are still bubbling over.

>> No.20704185

>>20704116
I doubt it. If you notice there are still people here who hold bags of litecoin and buy AI marketplace scam coins. When these retards find out you can actually earn money in crypto defi will get another pop

>> No.20704234

>>20704116
We're just getting started. Without demand from defi eth will just be crabbing along. Once eth stabilizes money will be going back into alts

>> No.20704322

>>20704072

Uniswap won. Kyber fees are too expensive and they wont be able to use layer 2 solutions to reduce them. Get out of kyber while you can

>> No.20704354

>>20704322
The fees on Kyber these days are indeed ridiculous.

>> No.20704440

>>20704354
>>20704322
I am also concerned about the fees on the exchange but isn't Kyber a lot more than that? Doesn't most of the volume on the network come from them acting as like a payment processor instantly converting shitcoins to USD.

>> No.20704455

>>20704354

I held 16k knc and sold it all as soon as I saw fees going as high as $20 a swap. There's no reason for anyone to use kyber over uniswap when it's that unreasonably high.

>> No.20704466

uniswap won

>> No.20704477

>>20704116
>save with bancor
NIGGA HOW COULD YOU LOSE WITH BNT IT PUMPED LIKE HOUR AGO BACK TO HIGHS

>> No.20704513
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20704513

>>20704354
have they ever not been ridiculous? I used kyber before it boomed and before eth was congested and I still lost nearly $10 in various fees in ETH for a buy of 1000 RLC. fucking retarded spread fucking retarded fees. its a ton cheaper to just send coins to binance and trade there.

>> No.20704515

>>20704477
BANCOR GONNA FUCKING EXPLODE TO 5$

>> No.20704540

>>20704440

I'm not sure about what existing deals they have, but that's not how I choose my investments. I use the products and if I like it then I buy. I don't like using Kyber anymore so I sold. This strategy has never failed me.