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/biz/ - Business & Finance

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23330241 No.23330241 [Reply] [Original]

So what's the latest? Good time to buy more now? I'm just looking for a short term 20-30%, nothing crazy

>> No.23330273

it will go below 1 dollar, then you buy

>> No.23330310

it's over

>> No.23330553

>>23330273
how do you know?

>> No.23330727

>>23330310
why?

>> No.23330858

how is bancor going to trump over uniswap? i thought that the whole point of uniswap is that you can buy your shitcoins early and nobody gives a fuck about impermament loses and single token staking apart from some whales
bancor will be getting 60 tokens into the whitelist and then every new token listing is dependent on the community vote
it wont be used for trading shitcoins, and if i wanted to buy some estabilished coins, i can as well use a CEX

>> No.23330894

>>23330727
people are starting t realize this is just another sushiswap. you can't cover IL by just minting a token that just debases the token

The truth is AMMs are just fundamentally flawed because they use formula's to change price and that will always cause a discrepance with real market forces
The only solution for DEXes is decentralized order books which means the ordering problem needs to be solved. Chainlink recently did a video on it, it might be possible.
Other alternative is half-centralized exchanges like loopring which use zk proofs

>> No.23330903

Stakenet makes this obsolete

https://streamable.com/kzpimj

'Once we have efficient, well designed DEX's on layer 2, there wont even be any DEX's on layer 1'

>> No.23331186

>>23330894
buy ZRX then?

>> No.23331223
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23331223

>>23330894
>he doesnt know

>> No.23331521

>>23330903
layer 2 protocols are semi-centralized and less secure, meaning they will never exchange the amounts that Binance for example does. Besides Loopring already does this better because it uses ZK to provide privacy and prevent most ordering manipulation.

>>23331186
ZRX has ordering manipulation. For example if a validator is making a block where he sees someone is selling a large amount of x token, he can put a sell order of his own stack of x token before the whale sell in that block.
Watch this video by Chainlink on the problem, IC3 proposes a solution:
https://www.youtube.com/watch?v=Gy4JUvvuygY&ab_channel=Chainlink

>> No.23331586

>>23330894
i just want this to pump to 10 and then i'm out

>> No.23331626

>>23330241
Isn’t this shit supposed to remove IL by dynamically adjusting pool weights?
Was this all just a meme all along?

>> No.23331641

>>23331626
that didn't work because of oracle frontrunning

>> No.23332737

>>23331641
Wait but they’re voting on it right now?

>> No.23332973

>>23330894
so idex and etherdelta were on the right path all along? thanks for nothing AMMs

>> No.23333121

Bancor is the OG of Defi. Just like 3 years ago when no one could understand what a AMM was. V2.1 is about to be another huge step.

>> No.23333507

>>23333121
>Bancor is the OG of Defi
Literally never delivered.
You are not wrong, the fucking whitepaper purpose of token is literally exactly what uniswap is, but these fuckers fleeced ico for a 150 million and then just fucked off with there fortune.