/biz/ - Business & Finance

[Anonymous No.21318866]

Lol

[Anonymous No.21318938]

Link is going to end like that in 1 week.

[Anonymous No.21318959]

Hahahaha it keeps dropping!

[Anonymous No.21319002]

>>21318866
I AM FINANCIALLY RUINED AHHHHHHHHHHHHHHHHHHHHHHHHHH

[Anonymous No.21319015]

>its not fake
oh fuck

[Anonymous No.21319237]

Scammed on my 1st coin is this making it bros?

[Anonymous No.21319290]

Should've bought PNK instead

[Anonymous No.21319809]

>>21319290
Beautiful Id anon, many blessings sir.

[Anonymous No.21319904]

>>21318866
Let’s assume that for one day every cryptocurrency stays flat except ETH. What would happen?

1. The value of Delta will go up and the 50:50 ratio would be out of sync, ETH would need to be sold and STA bought to keep the locked in split. This causes STA to burn

2.The Phoenix fund is 30% ETH and 40% Delta. It would then need to sell both assets and buy wBTC, Link and SNX to keep the predetermined asset weights. So now both Delta and Phoenix are back in balance, but it doesn’t stop here

3.As Phoenix sold Delta there is a negative impact on the price, but the actual quantity of ETH and STA inside of it didn’t change after point 1. As a result, it would be beneficial to unmint Delta to realise the full value of the underlying assets. This unminting process causes STA to burn. Something like this is generally done by arb bots.

4.But now as some STA has been burnt there is upward price pressure and the inverse of point 1 happens. STA is now sold to buy ETH, causing STA to burn. Initially this may not be significant but as supply decreases the impacts of this will get bigger.

5.Point number 4 means that the value of Delta has changed, which means Phoenix needs to sell Delta and so the cycle goes back to point 2
Please note, that the impacts of point 4 and 5 are probably too small to see this early in the project but it doesn’t mean it’s not happening.

Now remember there is zero chance that ETH is the only asset to move in price for the day. THEY WILL ALL MOVE.

Now think how many indices Statera will be putting out on platforms like balancer (yes balancer will not be the only one).

Multiple index funds on multiple platforms with different pools using the Delta coin.

STA will be the most used coin in Defi soon.

------------

TL:DR

In simple terms the Burn function of STA is designed to create volume. In a way Statera discovered "Volume farming"

[Anonymous No.21319912]

Your FUD is useless here, Anon, because every drop BURNS tokens and is therefore BULLISH for STA. Even the post-hack drop to 1 cent was BULLISH and ultimately had us MOON to 40 cent! See you at $1 EOM!

[Anonymous No.21319947]

>>21319290
>>21319809
vishnu has spoken sirs

[Anonymous No.21319966]

I can't get over this shitcoin. I bought 380k STA for $150 and sold it all for less than $500.

[Anonymous No.21319971]

It’s recovering already

[Anonymous No.21319976]

>>21319904
What is an index fund?

An index fund is a fund that can track and adjust a specified basket of underlying investments. In this case: BTC, ETH, LINK all balanced with STA (https://www.youtube.com/watch?v=QzNhe5Hd0do)) [Open].

The rules are that these coins are set in a fund at a specified percent so as one goes up or down the others are automatically bought or sold to balance risk and maximize profit. HOWEVER, the key is that STA is deflationary (whenever a STA transaction happens for buying/selling/pooling, 1% of the transaction of STA is burned). You also are given a % of all the fees paid in STA transactions up to 36% APY and during a run up to 40,000% APY (https://medium.com/@stateraproject))

The power of STA is that the ripple effects of: (1) compounded fees/locked/pooled tokens, (2) token burn, (3) price pulled up by ETH, BTC, and LINK leads to an exponential effect and positive feedback loop on price.

Can the team dump? No, this is the most decentralized token. Much like how BTC is out of Satoshi's hands, STA is out of the hands of the devs who only own <4%.

STA is finance 2.0's answer to the personal decentralized crypto index hedge fund manager.

[Anonymous No.21320016]

>>21318866
what happened?

[Anonymous No.21320035]

Imagine getting fucked by the same goddamn coin 3 times FUCK

[Anonymous No.21320848]

>>21319966
I can't get over how pathetically stupid you are with your money

[Anonymous No.21320876]

IMAGINE NOT BUYING THE DIP

[Anonymous No.21320935]

>>21320016
Some whale dumped for profits, made 10x easy. Its recovering @ 24cnt atm

[Anonymous No.21321080]

Statera goes to 5$ and dips to 3$, retards starting to call it scam, some new fags gonna panic sell. Its a circle of life.

[Anonymous No.21321153]

oh no no no

[Anonymous No.21321277]

>>21320035
Makes me rich as fuck, new ATHs every time. Just relax retards.

[Anonymous No.21321454]

>>21319237
Better than getting scammed by Bitbean like me.

[Anonymous No.21321547]

FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU

[Anonymous No.21321567]

>>21318866
Think this is ugly?
Just hit the dead cat bounce. See you around $.10

[Anonymous No.21321615]

>>21319976
>>21319904
cntrl+v shills are the biggest sell signal.

[Anonymous No.21321619]

>>21321567
This
Reminder that 3 days ago STA was 5c

[Anonymous No.21321736]

>>21321615
Shill? The term is info pasta. Please do not buy STA unless you are ENTHUSIATIC about it fren

[Anonymous No.21321774]

>>21321736
let the slippery hands buy sta, we need the burns

[Anonymous No.21321786]

>>21318866
This is literally from 1 whale anon buying XRP with his profits. A lot of the top wallets including myself haven't budged and don't give a fuck.

[Anonymous No.21321811]

>>21321547
Imagine panic selling the next LINK

[Anonymous No.21321860]

I just bought ETHs waiting on my wallet for if STA dumps again, gonna buy up free money again, feels good bros

[Anonymous No.21321923]

>>21318866
kek sold the top and bought some $stonk. godly exit. sorry brownposters

[Anonymous No.21322023]

>>21321619
Whenever I bring this up in other threads no one seems to pay attention. I get that everyone FOMOd in at 35-40 cents, but they honestly deserve their pain for being impatient. They can make up for it for not selling and 5xing in the next month after the refund and new exchange listings. This whale will keep sporadically dumping for a while, bit it's honestly not too bad as it's increasing volume and token burn. Of course I'd love for me 100k stack to make me rich immediately, but that's not what I invested for. I'm it for the long haul my brother.

Everyone on biz is so impatient that they can't ride our even 3 days if volatility lol. Iron hands or bust.

[Anonymous No.21322067]

>>21318866
it's just whales who caught the 1 cent dip taking profits.

[Anonymous No.21322092]

>>21319237
unironically yes

[Anonymous No.21322165]

>>21322023
Listen to this Anon. I bought in at 0.07 and was shitting myself when hack occurred but glad I held strong. Crypto is a game of patience if you choose the right tokens.

[Anonymous No.21322200]

People have zero patience on this board. Zoomers don't have the mental stability to invest in anything. The ones shilling it to you already have made a killing, just stick around and you will too.

[Anonymous No.21323058]

>>21322200
The key is to be in the happy medium between boomer and zoomer.
Boomer = calculated research before investing, but afraid to be aggressive and take risks
Zoomer = guns blazing investor looking for quick, astronomical gains, but willing to take high risk investments

Find the middle ground - do your research, have faith in the project, choose your entry and exit points, be patient and take profits when you can. This is crypto, and it moves MUCH quicker than the stock market, but we can learn some lessons from past successful investors.

[Anonymous No.21323165]

The creator just exit scammed in another thread. It's going to 0.