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

/biz/ - Business & Finance

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23610271 No.23610271 [Reply] [Original]

it’s over, isn’t it.

>> No.23610315

Yup don't buy shit coins

>> No.23610357

>>23610271
Why is it over? I plan to buy more on my next paycheck. Seems to be a good price and we know they are going far.

>> No.23610375

>>23610357
>he doesn't know about Arbitrum
>he bought chicos bags

>> No.23610474

>>23610357
Find it hard to imagine it going lower than 8 but who knows. My reasoning for considering selling is, token not needed, new POSDAO might be a while away, reddit announcement infinitely deferred, and admins keep dumping their bags on us. And all the adoption of xdai in the world didn’t stop the price of stake from freefalling.

>> No.23610922

>>23610474
People are nervous because of the markets. xDai does seem to be THE go to for projects planning to launch on Ethereum, or projects that decided that they don't need ETH level security. With Ethereum gaining more and more interest, I think projects will be deploying on here for a long time.

>> No.23610954

I'm holding
I would feel more confident but I know an earth shattering global financial crisis is incoming that will absolutely obliterate the alt market.

>> No.23611438

>>23610375
isn't arbitrum using rollups tho which are still like 6months - 1 year away?

>> No.23612066

>>23610922
There might be a pump when kleros launches jury voting on xdai.
That said, anyone waiting for that announcement might find better returns on kleros itself, so who knows.

>> No.23612120

Yes it’s a scam and it’s all over. Sell now, hurry up

>> No.23612148

Got my first stake under $1, bought some more today, its not over.

>> No.23612387

>>23611438
Yes and then projects actually have to migrate, which takes time as well. By then XDAI has a good chance of developing their own roll ups

>> No.23612736

>>23610922
This may be true, but it doesn’t address the lack of utility of stake tokens at the moment. At least OMG is needed for network transactions, Stake tokens are only needed for node operators, which is an exclusive club until the new POSDAO system is released sometime Q4 / 2021 Q1.

>> No.23613239
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23613239

>>23610271
It was over when I told you stakelets weeks ago.

Wait for $3-4 and re-evaluate the market.

>> No.23613975

>>23613239
Literally who

>> No.23614826

>>23612736
>At least OMG is needed for network transactions
It actually isn't since there is literally no activity on OMG chain and NO ONE is using it.

>> No.23615366

>>23614826
Not the point, there is incentive to hold OMG where there isn’t to hold STAKE

>> No.23615418
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23615418

>>23610271
Heh

>> No.23615427

>>23615418
arbitrum is a fucking joke kys

>> No.23615435

No, they're going to win that reddit thing

>> No.23615762

>>23615435
Yeah, in 2021 when it finally gets announced

>> No.23615931

>>23615366
The OMG network has no point to hold the token either. There is zero transactions on it.

>> No.23616076

>>23615366
OMG don't even have the plan for staking reward top kek. what is the incentive for holding OMG?

>> No.23616367
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23616367

>>23615366
I mean just look at this shit. This is the slide present by OMG team.