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/biz/ - Business & Finance

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File: 116 KB, 3002x1725, thegraphlogo.png [View same] [iqdb] [saucenao] [google]
25782158 No.25782158 [Reply] [Original]

hey /biz/, been hearing a lot about this project, and recently found out uniswap, aave and other main chains are using them for indexing data?

how is this not top 10 yet considering its backers?

>> No.25782273

It's like three weeks old man. Relax and enjoy.

>> No.25782377

Because it’s is designed to hover around 35c to work properly.

>> No.25782406
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25782406

>>25782158
How high do we think it’s going to go eom/eoy?

>> No.25782510

>>25782406

i was eyeing anything between 1-5$

>> No.25782516

>>25782158
We will never recover from the opportunity cost of buying this

>> No.25782571
File: 3.36 MB, 2048x2048, 12 (1).jpg [View same] [iqdb] [saucenao] [google]
25782571

>>25782516

we will make it anon

>> No.25782609

>>25782571
My portfolio is being outstripped by people that take my advice this bullrun

>> No.25782652

>>25782609
if btc doesnt dump this should return to ath quick if eth keeps pumping and alt szn goes in

>> No.25782705
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25782705

>>25782158
I was pumped until I found I found out graph.com isn’t even up nor do they have a fucking search bar.

Buy at .15

>> No.25782717

$2 EOY

>> No.25782751

>>25782705

no wonder you're a 70 iq incel. Their website is thegraph.com

5$ EOY

>> No.25782780

>>25782158
next link is API3

>> No.25782835
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25782835

>>25782751
If this wasn't a bull market it wouldn't .street, but when everything else is mooning and this piece of shit just crabs downward you're Actually losing money. You almost certainly bought your GRT with ETH. If you just held that ETH instead you'd have made money every pump. ETH was like $500 when this shitcoin was .70. now ETH is $1.3k and this shitcoin is .30. Yes, it is deprecating. Whether you believe in the project or notz you can't run from the reality of the fact they you're losing money by holding this in such a critical time for the markets.

Have fun losing money while everything else moons retard.

>> No.25782873

>>25782835

stay poor wagie
don't blame others for your poor financial decisions.

https://www.youtube.com/watch?v=NJW_av0PQXM

>> No.25783074

>>25782873
What poor financial advice? I bought most my eth at 130 last year and continued DCA until October. If eth goes to 2k and grt goes to .15 I might buy some.

>> No.25783130

>>25782780
This. Grayscale is invested. No brainer.

>> No.25783135

i bought at .34 so i have regular ops to jump out without a loss when it bumps to 36 but I'm hanging on to it.

>> No.25783159

>>25782377
This, its the same as links price will always be tied to a cup of coffee

>> No.25783381

>>25782158
OK tech, but bad memes. do what you will with this info

>> No.25783410

>>25783381

the google of blockchain

>> No.25783447

I just don't see how a GraphQL interface, even with the indexing, could ever bring about a project with long term value.

All modern (web) applications these days will be built using APIs...much as I expect dAPPs will do as they mature.

Hence, TheGraph to me looks like 'best practice' wrapped up in a token, and not a unique, defensible tech.

Just my thoughts after ~1 hours of research.

Can anyone add/input on this?

>> No.25783480

Not a bad sign, in a sea of shitcoins

But Grayscale and others make lots of bets - spray and pray.

>> No.25783560

I don't think this is a real comparison, not even Google in 1998.

I think it's much closer to facebook's graphQL with a fanciful indexing play.

>> No.25783662

>>25783447
Graph has made the “best practice” cheaper and faster than building proprietary APIs, which is why it is used by everyone in blockchain right now. It makes starting up new apps extremely easy which makes it very protected against new trends in the space.

You also aren’t addressing the fact that the data servicing itself is a major driver of value for consumers. Decentralized data services will be explosive

>> No.25783668

And finally, team look pretty lightweight - too lightweight to pull the vision off.

Correct me if wrong, but 2 of the 3 founders worked at a software design and build company in Germany. No disrespect, am sure they are good guys, but this is not exactly tier 1 enterprise grade expertise.

>> No.25783702

>>25783410
too serious

>> No.25783711

>>25783668
Theyre significantly more experienced than Sergey was when starting LINK

>> No.25783767

>>25783668
Apple started with 3 people
Amazon with 1
Google with 2

You scale up as you need it retard.

>> No.25783786

>>25783662

Yes, agree - they are handling something right now that no one wants to build. Equivalent is facebook's GraphQL - a best practice, not for profit language.

Re the data servicing/indexing element, this is the novel bit of TheGraph which I have only scratched the surface of.

Putting to one side and big picture, for the dAPPs that will really make it, they will build and provision their own production APIs....I don't see them paying tech tax for to use someone else pipes.

>> No.25783817

what number is a good stack? 10k? 20k?

>> No.25783870

>>25783786
>they will build and provision their own production APIs
This will likely stay true for a time, but a sufficiently advanced Graph network would likely be cheaper and easier than a siloed API meaning there’s virtually no reason not to use it

It’s like saying Apple will just build its own internet rather than use a public network. There’s literally no reason to do that

>> No.25783884
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25783884

>>25782835
The same old FUD pasta. Maybe next time do better?

>> No.25783910
File: 63 KB, 611x532, 1610048053446.png [View same] [iqdb] [saucenao] [google]
25783910

>>25783884

>> No.25783915

>>25783870
>cheaper and easier
Forgot to mention it would also have better access to data sources

>> No.25783960

>>25782158
DON'T U DARE COMPARE GRAPH TO LINK.
LINK BIGTIME *********SHITCOIN**********!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
GRAPH EXCELLENT TECHNOLOGY FOR SIZEABLE INVESTMENT GAINS!!!!!!!!!!!!!!
A THANK U.

>> No.25784030
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25784030

>>25783884
>>25783910

>> No.25784084

>>25783870

Am definitely seeing your bull case re a graph network adopted and at scale. It makes logical sense to tap into something everyone else is using.

That said, there will be taxes to pay for this convenience...otherwise why hold GRT....and those taxes can only go up so much, right?

>> No.25784151

>>25784030
nice

>> No.25784175

>>25783915

Yes, early aggregation and unification of the data is a smart idea = cheaper and faster (to get going) but will the biggest dAPPs continue to use TheGraph as they scale or look for cheaper direct API access to the data they actually need.

TheGraph for data discovery? Then when you have it worked out...go direct and avoid the taxes?

>> No.25784194

>>25784030
Stop posting this.

>> No.25784206

>>25784084
The network will determine the market price for queries. People value the service the graph provides and will assign it a value. We’ll see what that is, but an advanced graph network will return value to early investors at practically any query price. Especially if this network extends beyond blockchain, which the team has said they intend to do.

>> No.25784306
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25784306

>>25783884
>>25783910
>>25784030
>>25784151
>>25784194

>> No.25784358

>>25784206

Thanks for the insight btw, very helpful.

I'm at the stage where I like where it sits in the ecosystem (e.g. Ethereum + ChainLink + TheGraph) am looking for reasons not to take a punt on it.

Still have some digging around to do!

>> No.25784682

isnt this just a tokenized etherscan?

>> No.25784688

>>25784358
Anyone who doesn't own GRT right now is failing a very basic IQ test.

>> No.25784708

>>25784358
Happy to help anon. Always keep learning

>> No.25784752

>>25784688
Should I wait until it lowers more to buy?

>> No.25784847
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25784847

>Threadly reminder

>> No.25784854

>>25782158
>how is this not top 10 yet
because Narrow AI tools will completely replace this shitty little project in not too long

>> No.25784884

its trending down. don't buy.

>> No.25784925

>>25784884
Trending down is bullish.

>> No.25785044

Inverted Bart. Really nice work on the hair guys. 15 mins should be good for the other side of his head.

>> No.25785063
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25785063

>>25784752
Let me answer your question with some questions on my own, just to help you understand the situation. Look at the image provide and find consolidation.
>How long has thegraph been a token?
>When was the last time it was below 28 cents?
>Do you think it will ever be below 28 cents again?

Visit
https://network.thegraph.com/#indexers
>Of 200+ subgraphs, how many have migrated from test net to main net.
>Make a list of all of the subgraphs that you see.
Reply to this post with that list.

>> No.25785203
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25785203

ERC20 token not needed

>> No.25785247

How to people pay for graph queries whose customers almost exclusively contain cryptocurrency exchanges then?

>> No.25785788

>>25785063
nice image
thanks friendly anon

>> No.25785856

>>25785063
I will take you up on this challenge in 3 hours when I am done with work
Thank you anon

>> No.25786024

>>25785788
>>25785856
np

>> No.25786091

it's being suppressed for a reason. please take note and enjoy the ride. buy around .30 sell around .36 loop.

you're welcome. i just wish you would have noticed that earlier.

>> No.25786183

Bought the dip
this GRT shit better moon

>> No.25786218

>>25782158
Isn’t it already like 600m mcap if so you have no hope

>> No.25786256

this coin is a nightmare hold when everything else pumps and very comfy hold when everything dumps. Looks like next weeks will be comfy bros

>> No.25786750

>>25786256
I get those same feels. Thankfully with staking, I have adamantite hands.

>> No.25787167

>>25786256
It's actually the best if you actually went DCA and took profits from other alts
best store of value rn, maybe better than eth