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File: 157 KB, 408x408, the%20craph1602660911474[1].png [View same] [iqdb] [saucenao] [google]
27871605 No.27871605 [Reply] [Original]

What affect will the extra supply have on this coin? Its the biggest FUD i have. When they drop the extra 30% later this year, wont it absolutely tank the price per coin?

>> No.27871743

>>27871605
Jack and shit. Grt some!

>> No.27872157

>>27871743
Surely it'll be the equivelent of a 1+bil whale dump no?

>> No.27872231
File: 200 KB, 1680x840, Daily-Queries@2x.png [View same] [iqdb] [saucenao] [google]
27872231

>>27871605
Hard to say.
However, consider the following:
The reason there is such a high supply of tokens coming out in the future is because The Graph is confident that dapps will be making billions of queries. So far we are only on the ehtereum block chain, but they announced that in a few months they will be integrating additional blockchains. We are not sure yet.
With the upcoming additions, it seems that the developers are confident that token burning is going to happen at an incredibly high rate.
Here's a graph plotting the amount of queries processed vs time. Seems parabolic.

>> No.27872419

>>27871605
Here are some links where you can investigate further.
>Token sale and distribution
https://thegraph.com/blog/announcing-the-graphs-grt-sale
>Announcement of integration of additional L1 blockchains.
https://thegraph.com/blog/evaluating-multiblockchain

>> No.27872493
File: 214 KB, 626x417, Yaniv_Talmud.png [View same] [iqdb] [saucenao] [google]
27872493

>>27871605
It's all calculated. Have faith in Yaniv.

>> No.27872632
File: 181 KB, 1200x512, 1612543287362.jpg [View same] [iqdb] [saucenao] [google]
27872632

>>27871605
It's likely to drop the price, a lot of anons on here understand and see the value of the coin so the dip won't last long. Also consider that many will be staking during these supply dumps and won't be able to sell anyway. The project as a whole has a bright future, the supply FUD will be temporary now and as it's happening in the future.

>> No.27872633

>>27871605
My biggest fud is the "The"
"The graph" isn't cool
Know what's cool?
Graph
Or graphite
Or graphcoin
Drop the the and we're reaching terminal velocity.

>> No.27872756

Should I drop 10k on this now?

1. yeah
2. nah

??????

>> No.27872820

>>27872633
What about teh epic graphz0rz of d00m

>> No.27872870

Buy now. Ride the pump. Sell before the extra supply hits. Buy more after the dip.

>> No.27872885

>>27872756
if I get dubs, you have to do $20k.

>> No.27872886

>>27872756
If i had like 100k in the bank i would. If i ever win the Lottery for millions i'd probably put 5 percent of my cash on GRT.

>> No.27872897
File: 460 KB, 1680x968, Daily-Queries-Updated.png [View same] [iqdb] [saucenao] [google]
27872897

>>27871605
Here is an update on their queries btw. They just announced this.

https://thegraph.com/blog/defi-decentralized-snowball

>> No.27872931

>>27871605
supply is going to what, triple in 3 months? It will dump.

>> No.27872955

Huge coin drops are always priced in by the whales, most of the time for a good coin there are a thousand other whales waiting for the dump to get in then it doesn't dip as hard as they would hope and they fomo in.

>> No.27873060

>>27872886
>if I ever win the lottery

This is such poorfag thinking

>> No.27873187
File: 563 KB, 1339x763, half a mil queries a day.png [View same] [iqdb] [saucenao] [google]
27873187

>>27872231
This is not the most current daily query chart.
There is a new one in the latest blog post that got written today by mommy tegan. (see pic)
The graph is now doing double the chart you posted.
500 milliion queries a day.
Growth is going parabolic. Mommy tegan called it the snowball effect.
Absolutely the demand from GRT from devs is going to be insane.
supply simply won't be able to keep up.
10 billion tokens is nothing.
Go read the latest blog post if you need some comfort.
$100 end of year is inevitable.

https://thegraph.com/blog/defi-decentralized-snowball

>> No.27873278

>>27873060
no shit retard?

>> No.27873295
File: 490 KB, 719x600, Dr_Yantopus.png [View same] [iqdb] [saucenao] [google]
27873295

>>27873187
Absolutely based. Anon, god bless you.

>> No.27873500

Also, someone post those pics with anon describing just how fucking insane queries are going to be in the future.

>> No.27873837

$5 EOY sound reasonable? What about 2025?

>> No.27874032

Is this shit worth to stake? I don't want to get a certificate to get this shit up and running. btw can you make staking more fucking complicated then this? yyeah i wrote then instead of dan