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/biz/ - Business & Finance


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23037192 No.23037192 [Reply] [Original]

Filled a deep bag today after having ran the numbers, self audited the contracts looking for holes or exploits and finding none, and after 48hrs of scanning the telegram for suspect messages finding minimal red flags.
I can confidently say CORE has a buy rating and within the next 6 months it will test $60k after the inevitable Binance listing accompanied by other major listings.

AMA

https://twitter.com/DrMetokur/status/1312857438505361414

>> No.23037264

>AMA

Will you hold me during the dips?

t. not gay

>> No.23037290

>>23037264
Just buy all the dips you can. This project has tremendous value and is only going to continue to gain value based on its architecture. Don't worry about the dips so much CORE hasn't even really hit its true takeoff phase yet.

>> No.23037413

What are some tell signs that a contract has a built in rug pull in it?

>> No.23037451
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23037451

>liquidates thousands of people right before the bullrun
>culls the low iq from the future elites

Heh, nothing personal kid

>> No.23037510

>>23037192
I'm sorry for your loss, hope it is money you can afford to lose, like literally lose all come Wednesday

>> No.23037533

>>23037451
>>23037510

This is bullish

>> No.23037592

>>23037413
Usually based on how many tokens the devs are holding and the initial distribution. The LP is actually locked in so the contract is legit, those tokens can only be traded around so the liquidity can never be actually sold just exchange hands. The protocol has solved some problems we've seen with yearn.finance and its solved them nicely.

>>23037510
I've seen very minimal malicious activity if any regarding this project I'm more of the mind you are a seething late poorfag to the game and failed to secure a significant position. Just DCA and BTFD's with your paychecks like a normalfag. Best advice I can gibs (You) right now.

>>23037533
Checked and confirmed.

>> No.23037775

The good part about all this is weak handed faggots like me are basically forced to hold. I've staked my cores when I got in early, otherwise by now I'd have bought tops and sold bottoms dozens of time and lost all my money.

>> No.23037813

>>23037775
The best part is people who sell get their core distributed to people like me who wont sell.

>> No.23037835

>>23037592
Regulations are not necessarily malicious, they just can have a pretty devastating effect on products whose business model is based on the absence of a regulatory framework. Just be aware, (you) are the one legally responsible as it stands currently with anything defi

>> No.23037847

*puts life savings into trash can and puts a masterlock on it*

>> No.23037872

>>23037835
The buyers are not. It is the creators who are legally responsible. The buyer is under no consequence. For anything crypto

>> No.23037889

I wish it would pump to 9k again.

>> No.23037933

>>23037889
Anon, I...

>> No.23037958

>>23037872
Not as it stands currently. Core is protocol not a company, the one providing liquidity and those running the pools are the ones legally responsible. And depending on how the regulation will look, the buyers will have to carry a part of the responsibility. Its defi, decentralized finance, trustless. That is what you want, so apply the risk management needed in such an environment. From the people for the people. I know why the most defi I do is saving on cexes, not because the apys are not attractive but the risk impossible to assess and therefore manage

>> No.23037983

>>23037958
Where dis you get this info from? I've studied this and in the US the buyer is under no consequence.

>> No.23038029

>>23037983
Technically you are not just a buyer when it comes to products like core

>> No.23038033

>>23037983
He's just fudding to make weak hands sell.
Seems like he's really into crypto govt regulation so he's likely a BSV shill.
CORE is decentralized and ran by smart contracts, it falls into the same regulatory framework that Bitcoin does now.

>> No.23038063

>>23037192
so the twitter influences are in now?

>> No.23038064
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23038064

>>23037192
>the inevitable Binance listing
The team actively blocked Binance from listing it and is currently doing all they can to avoid it.
Do you even understand how this coin works?
Do you even understand what happens when Binance is given a stake in a coin?

What you're wishing for as if it was a good thing is for Binance to make people trade the coin without any of it reaching the liquidity pools (which is literally the only value the coin has), as well as giving Binance the tools to short the coin to shit.

You're retarded.
Getting listed on an exchange is a fucking death sentence for a DeFi coin.

>> No.23038094

>>23038033
Amusing, dog piling and memes. Great arguments trannies. Not in your discords you can not ban me, like the jokers from uniswap this morning for asking questions.

All I say is that this is an unregulated space and that it is going to be regulated and as your associate playing the buyer role in this Billy Mays sales pitch, you are here to advertise and I'm here that anons who have a bit of brain left don't take risks they cannot assess. Like all the retards that felt for Cronje.

You are bottom feeders that have to advertise on 4chan, not really very trustful

>> No.23038113
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23038113

>>23038064

>> No.23038130

>>23038094
Get off /biz/ if you honestly feel this way.
Try out some GOLD ETF's on TD Ameritrade, that's more your speed, faggot.

>> No.23038173

>>23038130
>An ad tranny tells me to get off a public imageboard he advertises his product on
Again, this isn't your discord or your tg, you cant ban me, just dogpile and spout memes you dont understand and make fools of yourself

>> No.23038192
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23038192

>>23038173
Dude I get it, you are fucking seething that you missed out on a good entry on CORE.
Just do us all a favor and try not to kill yourself in the coming months when it tests $50k+
You really add value to the board and it wouldnt be the same without your high quality posts.

>> No.23038208

>>23038192
go back to twitter. Stop acting like you got in early. You bought the top and your shilling wont work here

>> No.23038232

>>23038192
I literally make 120 dollar a day collecting interests on shitcoins and stable coins parked on insured cexes and have a job. The last I need is a high risk, unregulated probably permanent lose experiment that can't call itself a financial product because the devs would sit behind bars if they would call it that

>> No.23038250

>>23038094
Many lose. Few win. If you cant be successful in this world through the scams you are NGMI.
>t.made a 10x off emn

>> No.23038260

>>23038232
You seem emotionally invested in this coin.

>> No.23038271

What is it about CORE that causes to people seethe much harder than any other coin lmao

>> No.23038281

>>23038250
high incalculable risks, high reward. Play Icarus, but don't come here and tell everybody how secure, risk free and great your shit product is

>> No.23038300

Get lawyers with those 50x if you provide liquidity and have those txs connected to cex where you are kyc'd

>> No.23038303

>>23038208
How about fuck you nigger. I waited long enough to properly vet the project before entering into it with actual capital. The rugpull that didn't happen is the main reason I entered. The project has staying power.

>> No.23038329

>>23038281
nothing is risk free dumb dumb. cores been audited by multiple people and isnt going anywhere. sounds like your dumbass bought the top and sold at 5.5. stick to your 2% interest and day job and let the real traders make the bucks here kiddo

>> No.23038349

>>23038303
go back you stupid piece of shit. your 50$ means nothing

>> No.23038370
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23038370

>>23038349
No. Fuck you.

>> No.23038375

>>23038300
btw its sunday, you got work early in the morning. should catch some sleep, need to ready to go.

>> No.23038390

>>23038303
The devs literally just copied all the novel mechanics from other contracts and rolled them into 1... It's not value producing, this shit doesn't do anything, people are waking up to the value that these governance tokens provide. Hint, it's fuck all.

>> No.23038393

>>23038370
fuck you le epic frog meme

kys

>> No.23038408

>>23037192
vague ",its good trust me"
Hope you sell em bags of it OP

>> No.23038414

>>23038390
i-its not a governance token...

>> No.23038423

>>23038390
people are only jumping on because the devs sold it by pointing out there willl only be 10k tokens.

>> No.23038450

>>23038375
I work from 2 pm to 5 pm Tuesday till Thursday. Plenty of time

>> No.23038524

just wait until all the defi twitter influencer assholes finally buy in

>> No.23038582

>>23038423
10,000 tokens and a 0% chance at more being minted and you think this is a bad thing.
What are you 13 years old and did you learn about finance from a Cracker Jacks box?
Jesus Christ.

And to the literal subhuman brainlet ITT harping about how a Binance listing would destroy CORE, are you really making the case that increasing demand is somehow a bad thing for a token? Didn't pass highschool Introduction to Business class did you?

>> No.23038600

what you degenerates need to get is, you fleeced all the retard money, and currently shove it around, effectively losing, while anybody with real stack in the game just watches you eating each other, waiting for legit institutions giving the green light and then taking a big share of what is legit, and non of the currently shilled copy paste crap, no matter how many ''independent'' auditors were bribed to give it an okay will be such a product, at least not after major corrections and rebuilding.

So go ahead hope that your influencers can at least convince two actual pajeets to throw 50 bucks at you

>> No.23038612

>>23038524
Agreed. Twitter and YouTube influencers haven't even started shilling this yet. This is still so early. It's sometimes really hard to see that. I bought YFI at $1,000 and sold for a few hundred profit because I got fudded out like a few days in. I really regret that. Not letting the same mistake happen twice.

>> No.23038674
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23038674

>>23038600
This faggot is literally Creg Wright.

>> No.23038686

>>23038582
>Binance listing would destroy CORE
you dont know how the protocol works.

>>23038582
>10,000 tokens and a 0% chance at more being minted and you think this is a bad thing.
i guarantee this is all you read and instantly bought in. There are other projects out there with 10k token cap you fucking nitwit

>> No.23038711
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23038711

>>23038686
>S E E T H I N G

>> No.23038733

>>23038711
>le epic frog meme

go back to twitter

>> No.23038817
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23038817

>>23038733
You can just tell that dude is getting his asshole financially cored.

>> No.23038836

>>23038390
>The devs literally just copied all the novel mechanics from other contracts and rolled them into 1
No, they did not. The liquidity aspect is completely novel, as is making LP tokens the governance token. The contracts are literally fresh and not forks of prior projects.

>It's not value producing, this shit doesn't do anything
You are a dumb little faggot. Putting out a pool of $3M in liquidity (at launch) is inherently value producing. Liquidity is valuable, to everyone. Then the yield aggregator product is also value producing.
> these governance tokens provide
It's both a governance token and an equity token.

>> No.23038849

>>23038733
I've been on the board a lot longer than you guaranteed, nigger.
You've proven how salty you are about this whole project.
How much are (You) even holding?
Don't worry tomorrow is Monday so you can get back to earning wagie bucks to buy more CORE on your next payday.

>tongue my anus you fucking double nigger

>>23038836
this

>> No.23038863

>>23038674
Yes, I hold BSV, how did you knew.
Got it from Bcash, which I got from bitcoins I hold

>> No.23038883

>>23038849
>I've been on the board a lot longer than you guaranteed, nigger.
no you havent

>How much are (You) even holding?
im not holding any and i dont want to buy any.

>implying i wage cuck
im not you. Again go back to twitter

>> No.23038951

>>23037192
What do you think of amplyfi.money?

>> No.23038994

Oh, the retarded ponzi scheme coin. It literally looks parabolic already. Enjoy zero retards.

>> No.23039013

>>23038994
are you talking about core or this shit >>23038951

>> No.23039024

>>23038994
Elaborate on other crypto projects that arent a ponzi like you said nigger.

>> No.23039027

>>23037192
i thought this wouldve attracted some stone temple pilots memes given the name

everytime i see it in the catalog i just hear "I AM" in my head

>> No.23039057

>>23039024
They all are dipshit. Lmao.

>> No.23039061

>>23039027
>album from 1992
>28 years ago
Anon, I...

>> No.23039095

>>23037192
how can you have run the math if you dont know how their vaults will work, are the vaults even launched?

the second i ran the math on yfbeta's vaults i realized it was a dead project unless they change their strategies. im absolutely astounded the programmer didnt run the numbers before implementing such an atrocious strategy

plz give info ive been passing on core since presale because ive found no information on how the vaults will function

>> No.23039111

>>23038951
AMPLYFI literally removed every single aspect of CORE that made it attractive to big volume traders. No one's going to buy a coin at launch that taxes you so much you have to go up 15% to break even, especially when the presalers can just dump on you the whole way up. It makes zero sense, feels like an ETH grab, and will be a race in the first 10 minutes for presalers to get out.
Notice: core was not shilled prelaunch because LGE people wanted to keep on DL and get as much as possible. Well with this AMPLYFI you have the opposite, because they know they're going to have one shot at not losing all the eth they put in

>> No.23039133

>>23039095
The strategy vaults initial proposals are obviously still private as they don't want someone taking it before core launches vaults. That said, the devs said they had a couple really good vault ideas that predated the general core idea. And I trust them as they've proven to be truly talented so far

>> No.23039144

>>23039027
keep your boomer memes to yourself, it's less painful that way

>> No.23039150

>>23039111
yeah amplyfis tokenomics are fucking stupid. its literally just another basic staking, farm token that is a money grab because of the core hype.

>> No.23039151

>>23039057
Might as well say the same about boomer stocks too, fag.

>> No.23039183

>>23038836
>No, they did not. The liquidity aspect is completely novel, as is making LP tokens the governance token. The contracts are literally fresh and not forks of prior projects.
What liquidity aspect? If you want a LP token as the governance token you literally just swap the ERC-20 contract you're pointing governance to. That's it. To me it looks like there's 3 aspects of it:
- The deflationary token model where 1% or something of each transfer is destroyed - done heaps before
- Rewarding liquidity providers for providing liquidity for nothing token on uniswap (huge risk), definitely done before
- Supposedly a yield aggregator that will be a copy of YFI i assume?

Am I missing something? Liquidity is valuable for pairs that people want to trade, not on things people don't want to trade. Liqudity on a new coin that doesn't do anything is just a rugpull.exe waiting to be executed.

>> No.23039186

>>23039133
then you cant say you've run the math. yfbeta had a solid idea, a good dev, but the math simply didnt add up.

>> No.23039231

>>23039151
Is this the best you got retard? False equivalency? You paid shills are literally pathetic.

>> No.23039293

>>23039183
>The deflationary token model where 1% or something of each transfer is destroyed - done heaps before
It doesn't destroy or burn anything. The 1% just goes to liq providers.
>Rewarding liquidity providers for providing liquidity for nothing token on uniswap (huge risk), definitely done before
See above. Yes, it's been done heaps before. This is a better mousetrap, as it does not mint new tokens to reward those providers.
>Supposedly a yield aggregator that will be a copy of YFI i assume?
Basically. The only real difference would that profits are routed through CORE token, unlike YFI's, and profits paid to vault participants in CORE, generating lots of volume for LP holders.

What I said was novel was the liquidity lock situation. That mechanism has never been used before. They are actually the first, afaik, to use the bit of code they did to prevent any liquidity withdrawals. And I'm guessing they are the first to do farming where you literally cannot remove liquidity ever.

>> No.23039333

>>23039027
Based PlayStation 1 gran turismo poster

>> No.23039345

>>23039293
>And I'm guessing they are the first to do farming where you literally cannot remove liquidity ever.
The liquidity value is locked forever yes but the devs have added a function where you can trade LP tokens so the owner of them can change but the stake cannot. Which is novel in itself as it opens up a potential exit to anyone who is a limp wristed faggot.

>> No.23039370

>>23039183
It's weird you say everything has been done before and somehow miss the #1 reason people are bullish on this at all, its locked liquidity.

>> No.23039390

>>23039183
>Liquidity is valuable for pairs that people want to trade, not on things people don't want to trade
Oh, also, the way uniswap works liquidity in pools that aren't being used still gets used.

>> No.23039417
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23039417

According to OP's Twitter, he was balls deep into RSR before CORE.
This dude has just been getting fucking obliterated for the past year.
Sucking on the tip of financial ruin's throbbing cock.
Explains the salt

>> No.23039441

>>23039231
Go back to wallstreetbets and lose all your money. Then go buy yourself some rope at home depot, I heard it's on sale. :)

>> No.23039453

>>23039293
>>23039370
eh there's a reason world economies really try to stay away from deflation. It seriously disincentivises spending, and if there's no volume there's no value accural. You may think the token stays the same price if you have no trades, but people lose interest. Once hype is gone price collapses, and with price collapse liquidity is pulled.

I've watched enough of these systems collapse over the years, this is the same as all the rest.

>> No.23039477
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23039477

>>23039417
so was i kek

>> No.23039500

>>23039453
>liquidity is pulled.
Except that can literally not happen.
It can only be transferred to a new owner.

Possibly the biggest redflag that I will discuss is the website is registered out of Panama.
I'm sure some of you Nomad Capitalists can figure out why that could potentially be a very bad thing but based on wallets holding it doesnt seem to be a real issue.

>> No.23039541

>>23039453
Wait what? I want to believe you're being genuine, but it feels like cheap FUD. You do realize that most of the "traders" are meant just to be smart contract re-routing profits from vaults, so it doesn't really matter if the non-inflationary aspect has a psychological effect on human traders. Btw this is NOT deflationary, except insofar as there's a finite supply. Finally, liquidity can never be pulled, ever. It's not an option. EVM won't approve any tx that lowers liquidity. There will always need to be 8,000 worth of ether in the pool at a minimum and that's assuming everyone sells and it dies, the pool will still be sitting there with 8,000 ether worth of value.

>> No.23039555

>>23039417
I'm still holding a little over 100MM RSR and am still very bullish on the project.
It solves one of the biggest problems we're going to see this bull cycle and that is "a quick guaranteed exit into stables at exactly $1" which the protocol solves very nicely.
So ideally when you do sell the top of the most likely mid 2023 market and go into stables the fastest off ramp will be to sell everything into RSR and then burn the tokens to create RSV at $1 price tag instead of the $1.08 DAI or otherwise any other stable. I'm sure you see where I'm going with this.

And I'm mostly in CORE to flip profits back into more RSR bags btw.

>> No.23039828

>>23039061
>>23039144
why all the bullying i never asked for it

>>23039333
based trips ps1 enthusiast

>> No.23039850

>>23039541
>>23039500
Wait sorry thanks for the explainations i think i've misunderstood how this all works. So I think I understand the uniswap pool now, but what happens if someone makes a balancer pool, they could theoretically trade on balancer if price decreases, or on binance if they list it, and it would just theoretically stop people from selling on uniswap wouldn't it? So you can always buy CORE from uniswap at a really high price, but you can't sell for the high price because prices are lower elsewhere and uniswap won't allow a low price through the EVM?

>> No.23039890

>>23039850
If that's how it does work seems like it's bullish for ETH because 4000 ETH was just taken out of circulation forever

>> No.23039930

>>23039828
that's the toll to share your outdated knowledge with people who will never understand, welcome to boomerhood

>> No.23040012

>>23039930
damn im not even 30 yet and im a certified boomer. bagholders are savage people arent they

>> No.23040015

>>23039850
Even if it's listed on balancer, all tx's are still paying 1% fee. Even moving wallets does this. If it's on binance, trading won't yield those fees, but moving core to and from binance will. And other exchange listing whether DEX or CEX will just lead to arbitrage, which means more volume & more fees.
>but you can't sell for the high price because prices are lower elsewhere and uniswap won't allow a low price through the EVM?
Let's say prices are lower on balancer than uniswap. This just means people will buy from balancer and sell on uniswap until the prices equalize. Prices cannot dump below the floor price (~$1,600 rn) anywhere, though, because why would you sell on balancer for less than uniswap? Even if everyone sells at once and you're the very last sucker to sell, you are still guaranteed ~4eth on uniswap, so you'd never sell for less than floor price elsewhere.
>>23039890
It is bullish for eth. There will always be 3,900 ether in this pool (~40,000 ether right now on uniswap pool)

>> No.23040105

>>23039850
Also, I mispoke here >>23039541, the EVM will approve sells that reduce liquidity, it just won't approve any tx that actually removes liquidity by burning lp tokens and turning them back into eth/core

>> No.23040147

>>23040012
just telling it like it is
https://youtu.be/BGrfhsxxmdE

>> No.23040159

>>23040147
b-but anon stone temple pilots are still relevant i s-swear!

>> No.23040217

Not selling my 20 CORE ;>}

>> No.23040670

>>23039850
>and it would just theoretically stop people from selling on uniswap wouldn't it?
If you sell you want low slippage. 23% of all CORE is already in Uniswap LPs, and they are never, ever leaving, it's not possible, smart contract has locked it there forever. Sure, someone can make a Balancer pool, but why? If it's lower liquidity than the Uniswap pool, and it certainly would be, then you'd end up with higher slippage and get less money than if you sold on Uniswap. Don't you see? This is a liquidity black hole. They've already "won".