/GRT/ sell it all edition

[Anonymous No.25849225]

Graph Team needs to hire Delphi digital to fix the tokenomics ASAP. High inflation is a security risk. It does not help with bootstrapping the network early on because yields get suppressed by inflation lowering the price of the token you’re yielding (ROI versus USD & ETH) while capital inflows lower overall APY chasing the same rewards. Basically I feel this is a negative feedback loop that can end up in a death spiral. I thought the 3% inflation was baked into the 8.8B tokens being released over time with a capped supply of 10B. Curator/delegation burn rate can not even come close in the first few years. Idk what the parameters were on testnet. to judge where a potential deflationary tipping point would be.

Also most of the circulating supply is not delegating or price goes up from sell side liquidity (1.2B circulating:1.3B staked). Exchanges have plenty of depth. The 1.3B is 95% early backers who’s tokens are locked until month 6, then what? A decaying price also slowly erodes away the community/speculators/enthusiasm. A community brings free advertisement and will build cool stuff for free as they see a financial benefit in the long run. Speculators bidding up the price only helps increase the treasury to be recycled into research/hires/development.

TLDR SOMEONE GET DELPHI ON THE LINE

[Anonymous No.25849355]

it's not bad tokenomics if you plan to dump billions of these shitcoins and make money on retards

[Anonymous No.25849433]

>>25849355
3% inflation on 10B supply instead of the circulating compounding forever + 8.8B coming in six months. GRT going to .03

[Anonymous No.25849538]

>>25849433
What do you mean 3% inflation?
They're gonna create 3% more tokens ecery year on top of that 10 billion?

[Anonymous No.25850163]

>>25849433
GRTfags fucked. I told them to sell >50c but they refuse to listen. Now it's going below 20c for sure and probably go to 1c

[Anonymous No.25850216]

>>25850163
they will be lucky to get 1c... fucking retards should sell now while they can still get something

[Anonymous No.25850272]

>>25850163
>>25850216
guys its the google of blockchain

[Anonymous No.25850309]

>>25850216
It's too obvious with the supply and shit tokenomics. I gave up trying to help. It's probably the newfags bagholding anyway. They'll learn after this experience.

[Anonymous No.25850363]

>>25849538
Yes. As GRT climbs up in market cap it won’t be because the token price increased. In 6 months it could be top 25 and 30 cents

[Anonymous No.25850418]

>>25850363
So we won't have earned any money.

[Anonymous No.25850570]

Newfag here
Could someone tell me please why would I need some kind of ''google for blockchains''?
Any example of WHEN would a thing like this be needed?

[Anonymous No.25850633]

>>25850570
It's not needed. It's a pump and dump.

[Anonymous No.25850671]

>>25850633
“Token not needed” is the most bullish phrase on /biz/. Just market bought 10k more.

[Anonymous No.25850776]

>>25850570
To scam you out of your money obviously

[Anonymous No.25850822]

Let me tell you why this will moon, and why the price is shit right now.

GRT is a more efficient way to create decentralized apps, the tech is so good that from now on dApps will be using GRT simply because it's better and cheaper.
The reason it's priced so low right now is because dApps are not that popular, and the popular ones are not using GRT (except uniswap).
It's almost guaranteed that at least one big name project will adopt GRT this year, that will trigger a spike, and as more projects adopt GRT, and more people get into decentralized projects (which is happening thanks internet censorship, and bitcoin going mainstream), the price will rise even higher.

So if you bought the initial pump, just hold and wait.
If you're considering buying, right now this coin is dirt cheap, otherwise below 0.35 is fair, don't buy above that at least in the short term.

[Anonymous No.25850856]

>>25850822
repost from the other thread

[Anonymous No.25850961]

>>25850822
88% of the tokens waiting to be dumped on your ass. Nah I'm good.

[Anonymous No.25851108]

>>25850961
Sergey didn't dump his tokens. Why would this team?

[Anonymous No.25851203]

>>25849225
I guess nobody told you how the network is net deflationary because of query fee burns

[Anonymous No.25851205]

>>25851108
Sergey is dumping tokens weekly, what are you talking about?

[Anonymous No.25851732]

>>25850671
he didn't say token not needed

[Anonymous No.25851770]

>>25850822
Just explain me why should someone use the Graph for dapps

[Anonymous No.25851839]

>>25851770
I want you to find me all users who had 100 LINK in an ethereum wallet anytime before Jan. 1, 2021 GMT, I'm sure you can just google it.

[Anonymous No.25851971]

>>25851839
Don’t bother with shitheads and their noise, the people that are meant to get in will do so regardless.

[Anonymous No.25852010]

>>25851205
He's not dumping so hard that brings down the price

[Anonymous No.25852108]

>>25851839
Yes, it is a very nice application. Incredible, even.
The tokenomics are hot garbage though. Hot, fucking, garbage.

[Anonymous No.25852142]

>>25849225
don't fall into the trap of mumbling and stumbling over some dumb pump and dump shitcoin

[Anonymous No.25852149]

>>25850856
>nothing nothing usage later adoption coming
Seriously? That’s supposed to make anyone bullish

[Anonymous No.25852437]

>>25851839
SELECT users FROM ethereum WHERE link=100 AND date < '2021-1-1';

[Punchy No.25852465]

.188

[Anonymous No.25852521]

Was a no brainer choosing PRQ over this based on the max supply alone.

[Anonymous No.25852525]

>>25850272
THE WEBSITE DOESN'T EVEN HAVE A SEARCH BAR

[Anonymous No.25852532]

u guys larping or is GRT really that fucked? was just thinking to buy 5k during the dip

[Anonymous No.25852566]

>>25852532
Look at the supply man its no larp

[Anonymous No.25852575]

>>25852437
kek. but in all fairness, developers and exchanges will be and already are using GraphQL for these kinds of queries

[Anonymous No.25852647]

What’s the point of fudding GRT? Nobody can sell anyway. A 24 day undelegating cool down is an eternity in crypto, and you get charged 0.5%, there’s no point going through it. Might as well stay locked in until $100 or zero. Project makes the least sense to fud as none of us could even sell if we wanted to.

[Anonymous No.25852819]

>>25852566
how did other coins with that much locked amount did in the past once new coins were unlocked, like how bad could the price impact be?

[Anonymous No.25852844]

>>25850309
I sure will. Definitely feel stupid, but learnt something. I only invested a baby amount anyways

[Anonymous No.25852936]

>>25852819
check GRIN

[Anonymous No.25852950]

>>25849225
>> herr derr 10 billion tokens

Same smooth brain, room temperature iq fud in every single GRT thread.
See pic fud fucker.

It all comes down to Supply and Demand. And demand is about to skyrocket once the subgraphs get transferred over to mainnet.
Supply simply won't be able to keep up.
And price will go parabolic.
10 billion tokens is nothing.

[Anonymous No.25853002]

>>25852149
I don't give a fuck if you're bullish or not, a pump doesn't mean shit since there is a huge resistance at .35-.40 right now, but with time this coin will take off regardless and we'll see a lot of fuders FOMO in

[Anonymous No.25853060]

>>25852532
they haven't spent more than an hour learning about it, are not developers and are simply talking shit to either get cheap tokens or are just sick of all the bag holders promoting it. I am completely delegated and will be indexing later this month. You either obtain your own server and hire a team, and good ones aren't cheap, or you simply hand over some tokens and move on with your development. daps, defi, deserv is the future. This project is about 5 years ahead of everybody else and already served uniswap, synthetix, aave, gnosis, balancer, coingecko, curve, yearn, bancor, chainlink decentraland and hundreds more. It's a working product that was listed on major exchanges day one. People don't understand how the token works and cite market cap because they let niggers tongue their anus constantly. This is a long hold, not a get rich quick shitcoin. Good luck.

[Anonymous No.25853217]

>>25850570
Google is used by humans
GrT is used by the whole fucking ethereum network.
Second, when Grt daily queries will rise that will push the price up.

[Anonymous No.25853244]

>>25850633
Your mom is the pump&dump fag.

[Anonymous No.25853349]

dont care didn't read buying more tomorrow under .25

[Anonymous No.25853396]

>>25849225
Yeah the project is cool, but the token supply scares me a bit.

[Anonymous No.25853527]

https://thegraph.stake-machine.com/?orgId=1&refresh=5s

already 5mil tokens burned, thats something