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/biz/ - Business & Finance


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29631492 No.29631492 [Reply] [Original]

Im about to move ~$100k over to buy some QUICK. DeFi is in and people are tired of high fees. Matic is a well established L2 solution at this point and QUICK is growing steadily.

So tell me why I should stay away.

>> No.29631568

I’ve got a fat stack anon. Liquidity and volume is going parabolic

>> No.29631640

>>29631492
QUICK will flip UNI

>> No.29631910

>>29631492
holy shit. that's going to be a lot of QUICK bro remember me when u are rich. i personaly am holding till $1.5B marketcap ($10K per quick)

>> No.29632035

you guys are missing the point of this thread. Convince me not to do it, im well aware of reasons to do it, and am looking for things I may have missed on the negative side of things.

>> No.29632151

>>29632035
>negative side of things
Idk, pajeet team, literal uni fork, will people actually use this, etc.

It's basically a gamble but if it takes off it will take off HARD AS FUCK

>> No.29632454

What is a suicide stack for this?

>> No.29632588

What’s the price EOQ3

>> No.29632644

What tokens are exchangeable ?

>> No.29632720

>>29632454
definitely not 8... because thats all i could afford

>> No.29632831
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29632831

>>29631492

it seems like a huge portion of liquidity on quick is migrating from layer one due to the aavagotchi launch in march.if you look through the pools a lot of the pairs are maTokens. anyone else think thats weird?

>> No.29632979

>>29632831
elaborate for a brainlet?

>> No.29633119

>>29632720
Based poorfag. I bought the same amount but was able to double my stack shortly after it started going parabolic a week ago. WGMI.

>> No.29633200

>>29632979
the aavagatchi nft game was scheduled for launch on the ethereum network this January and decided due to network congestion and gas fees to switch to matic network. part of the aavegatchi game requires user to deposit interest baring tokens into their newly created gotchis.
(lil ghosts that look like cryptopunks except with brand names of coins)

>> No.29633399

>>29633200
As far as I know. Quickswap and aavegatchi are sympatico?

>> No.29633429

>>29632979
if you go into the analytics section on quickswap and view liquidity pools you will see that a huge portion of liquidity is being supplied is either $GHST or maTOKENS (aave interest bearing tokens). it seems like the quickswap hype and volume of liquidity is being driven by a game where you create lil cartoon ghosts.

>> No.29633503

>>29633399
absolutely, i'm not saying this is bad or fud, its just not "exactly" an organic boom in liquidity like we saw with the sushi vamp attack.

>> No.29633626

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.29633685

>>29632831
do you realize that this is going to happen every single time a new pairing is released on Quick because quickswap has 25x better rewards per liquidity than uniswap and sushiswap?

>> No.29633700

>>29633503
That's surprising. The cute ghost mascot made me want to invest in aave. Maybe this is a sign lol. Well I hope it brings interest to polygon network.

>> No.29633703

>>29633200
so what's your point about quickswap

>> No.29633982
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29633982

>>29633703
i wasn't making a point, just wondering if anyone else thought that it was weird.

>>29632831

i hold quick and fully plan on getting some aavagotchis, i really like both products.

>> No.29634112

Look at these plebians STILL USING UNISWAP. How are the bots? The slippage? The gas? The wait times? GET THE FUCK OUT OF THERE

>> No.29634125
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29634125

>>29632588
>>29632644
>>29633200
>>29633399
>>29633700

>> No.29634230

>>29631492
>$462 per coin
Why would this go up significantly more than it already has?

>> No.29634362

>>29634230
Has anyone really decided as to even go that far in wanting to do to look more like?

>> No.29634370

>>29634230
do you understand mcap anon? 150k circulating supply. contemporary exchanges that are much worse are worth 10-20x

>> No.29634372

>>29634230
You're braindead. I am not going to explain market cap to you. Don't buy please.

>> No.29634422
File: 35 KB, 414x283, 1611339521601.png [View same] [iqdb] [saucenao] [google]
29634422

>>29634230

low supply, %95 percent is locked and the value of exchanges is derived from their liquidity. so as quickswaps liquidity grows so does it value yet their aren't anymore tokens on the market to supply the growing demand. forced scarcity .

>> No.29634509

>>29634370
Honestly didn't even look at it, I'm a bit drunk

>>29634372
Fuck off nigger

>>29634422
Good explanation thank you

>> No.29634578

How much does staking cost?

>> No.29634724

The big brain play here is to buy sameeps other coin. Bonded finance which is yet to moon.

>> No.29634749

>>29634578
if you dont have a big bag of quick don't stake it, you'll get wrecked by Impermanent Loss as most of these pools are "relatively" small and are seeing decent volume

>> No.29634861

>>29634724
shill me

>> No.29634898

>>29634724
Can you link me to his twitter? I can't seem to spell his name correctly

>> No.29634923

>>29634749
100%, quick is moving too quick to offset the gains from yield farming. wait until it cools down.

>> No.29634976

>>29632035
Slippage will be high for a $100k buy, it’ll take a bit of time before a lot of tokens/liquidity gets on the exchange (but when it does the token is going to be worth a lot), possible smart contract risk but it’s a Uniswap fork

>> No.29635063

Matic 1$ soon

>> No.29635236

>>29634898
Nvm I found it https://twitter.com/sameepsi

>> No.29635277

>>29635063
no, that would be a 10 billion dollar fully diluted mcap

>>29634724
sameep confirmed