/biz/ - Business & Finance

[Anonymous No.21537908]

10k SXP is the make it stack. Why?

>Staking SXP earns you 1% every 30 days
>Swipe's closest competitor, CRO, has a marketcap of 3.2 billion
>If Swipe can reach even half that, you will earn around $2500 per month passively
>$2500 is enough to live comfortably in many non-U.S. countries
>Now imagine if Swipe becomes the most widely adopted cryptocurrency credit card in a few years
>Imagine $10,000 a month in staking rewards, or just selling your stack entirely entirely for over $1,000,000 dollars
>Imagine being able to spend that passive income on real world purchases using your Swipe card without ever having to convert to fiat
>Imagine free Netflix, Spotify, Amazon discounts, Uber Discounts, Starbucks, and more, for life
>Imagine the myriad of other partnerships and benefits they'll announce in the future
>Imagine being able to boast to your children that you were an early investor in the pioneering payment solution everyone uses today as you buy them an ice cream cone using your Swipe card
>all this simply because you bought a mere 10k bag of Swipe today

Is there a comfier hold in crypto? I don't think there is.

[Anonymous No.21537932]

Only pajeets get weak handed on this gem

[Anonymous No.21538013]

>>21537908

I only have 1,5K

Is this suicide stack?

[Anonymous No.21538167]

>>21537908
What is this coin?

[Anonymous No.21538173]

Sometimes you just gotta reach up to the sky.
Reach up for it, pinch it, pull it back down.... and breath out of your nose.

[Anonymous No.21538304]

10k SXP is still over 30k USD, dont have the money for it :(

[Anonymous No.21538306]

I had 32k and sold 2k to get down to a 30k stack. Unironically thinking about never selling because it has an actual usecase and can be staked for solid income.

What will SXP offer in regards to the "DeFi" meme btw? In regards to liquidity mining and co. Is this known yet?

[Anonymous No.21538322]

>>21538013
At least double it so you qualify for the next best card anon. Treat your future self to the fruits of your labor.

[Anonymous No.21538810]

i sold my BNB when it did x5 and i regret that dearly.

I will not do the same mistake with SXP

blessed chinks please pump this soon so i can retire

[Anonymous No.21538943]

bought almost at ath ($4.7)

3.18 now and its painful

hope it'll pay off

[Anonymous No.21538996]

>>21538943
It will certainly go higher than 4,7

[Anonymous No.21539044]

>>21537908
Is there a difference in return between staking in-app and on Binance?

[Anonymous No.21539258]

Bought at 0.40$. First take profit at 2,30, second at 4.30, waiting for my third at 6$. everythings going well :)

[Anonymous No.21539301]

>>21539258
Have you bought back in yet?

[Anonymous No.21539430]

>>21539044
You can lock SXP in the app for the cards. No cards if you stake without locking in binance

[Anonymous No.21539458]

Nop, not yet

[Anonymous No.21539515]

>>21537908
I just bought my 10.4k swipe stack a few hours ago. I was waiting for a pullback and I think I took a great opportunity to get in. Not planning on selling anything until $20+ which I believe will be hit by the EOY at that point I might sell half my stack.

[Anonymous No.21539534]

>>21539301
Not yet. When BTC pump sxp drop, i'll wait before get in again.

[Anonymous No.21539550]

>>21539430
I get that, but what is the difference in staking return? If I get more SXP from Binance for staking with them, I would just get a Saffron card.

[Anonymous No.21539588]

>>21539534
None. The same return

[Anonymous No.21539644]

>>21539550
i heard binance is 6-12% , onchain is much more

dont have source tho, i think CEO said it on twitter

[Anonymous No.21539652]

>>21539588
Steel it is then boys

[Anonymous No.21539659]

>>21539550
They have yet so reveal the details of the on-chain staking but binance can go up to 12%

[Anonymous No.21540031]

Fuck I'm such a Swipelet, only got 500. This is my first Crypto investment so hopefully It'll go well..

[Anonymous No.21540257]

I dont own any swipe yet but will soon. I love the idea since it's a product I'm dying to use personally. Normies love credit cards and a sleek metal card draws attention, people want to know what it is and what the program is behind the card. Imagine telling them not only is there no jew bank charging you 24% interest, but you actually make a respectable passive income from your holdings. Normies would go wild for this.

Who are the main competitors in the card market?

[Anonymous No.21540263]

>>21539659
Do the math
20k*365 = 7.3million per year
Lets say you stake 10k sxp for a year.
If 10million are staked you'd get 7300 sxp= 73%
At 20million staked sxp it's 3650(36.5%)
At 40million 18.5% and so on.

So yeah unless I'm wrong on chain staking is waaaaaay better than on binance

[Anonymous No.21540337]

Dont forget that swipe will be backing the card available to Americans. This is the easiest hold ever, Swinging this is gonnna JUST some people so bad.

[Anonymous No.21540451]

Bought the dip. Almost have a 1k stack.

[Anonymous No.21540543]

>>21540257
Literally only crypto.com

[Anonymous No.21540943]

>>21540543
Then i am a golden bull incarnate

[Anonymous No.21541175]

>>21540263
So now let's say 75% of the sxp is staked. That would be 50million sxp staked -> 14,6% staking rewards. If the price goes to $50 (3billion MC) which is very realistic since most of the circulating supply is staked you'd get 1460 tokens or $73k/year. It's crazy.

[Anonymous No.21541291]

>>21537908
>he doesn't have the slate card
how else are people supposed to know you're a crypto millionaire

[Anonymous No.21541343]

>>21541291
I need a 10x and then I can afford a based Slate card
I have 1300 swipes saved up so far, banking on my XLM investment to help me get there

[Anonymous No.21541382]

>>21541291
I don't want people to know I'm a crypto millionaire. Just paints a target on your back.