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

/biz/ - Business & Finance

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30146045 No.30146045 [Reply] [Original]

get the fuck in here GRT bros

>> No.30146303

>>30146045
Software dev and /biz/ oldfag here who bought the ICO. Let me explain why I think GRT is extremely overvalued.

The best argument for GRT is that there are no competitors.
Who cares if they're not around yet? They don't need to be if the product doesn't have a huge, insurmountable barrier to entry. Simply put, the project is extremely easy to copy. There’s nothing stopping a dex like pancakeswap from forking it to BSC.

I agree that GRT has first mover advantage. But Salesforce is still Salesforce despite being late to the game after Act! or Siebel Sales Handheld. Zoom was founded nearly ten years after Skype, yet the latter is on its last legs. And there are thousands of such examples. Platforms that rely on network effect, conversely, have a much more significant first mover advantage (social media, ecommerce, etc.).

There is inherent value in the chainlink network because of node reputation. GRT doesn't need to establish trust, it just needs to convert data from one format to another. If the library was clientside then you could validate its output yourself.

>> No.30146409
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30146409

>>30146303

Imagine being this ignorant and dense.

>> No.30146513
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30146513

>>30146303

>> No.30146986

>>30146045
I had to cash out today because i invested more than i could afford to lose and had a bunch of shit happen to me. Hopefully i can get back in in august

>> No.30147405

Riding the initial wave from $0.45 to $2.50 and then catching it in the $1.40 back up seems like cheating. But hey, Lisa needs braces, know what I mean?

>> No.30147567

fuck. i bought PRQ instead. goddamnit i can't get anything right.

>> No.30148060

Does anyone have the image of the Christ/god/Holy Spirit being represented by NU/GRT/LINK respectively?

>> No.30148112

Got in for MOchimo what are your thoughts bro?

>> No.30148147

>>30146303
I'm sorry you missed accoomulating. You had 2 months.

>> No.30148186

>>30147567
not too late to correct your sin.

>> No.30148335
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30148335

Anyone following any GRT cuties on Twitter? Seeing some new ones GRT post

>> No.30148524
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30148524

Man, I kinda wish I had swung me a bigger stack while we were down, but then again I guess holding is a safe play. WAGMI

>> No.30148551

do i convert my uniswap into this?

>> No.30148657

>>30148551
yes, four weeks ago

>> No.30148736

>>30148657
shieeeeeeeeeeeeet

>> No.30149157
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30149157

>>30148657

>> No.30149326
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30149326

>>30146986
You can anon..for $7.50 per GRT.

>> No.30149835

I buy every time it goes below 1.6

>> No.30149983

I am getting major fucking 2017-2018 LINK FUD feelings from GRT right now. We are gonna make it, aren't we.

>> No.30150274
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30150274

>>30149983
WGMI

>> No.30150598

>>30146303
The barrier to entry is hardware costs. As blocks grow from grt facilitating dapp production, the hardware needed to keep it all indexed will grow. There. Ice killed this tired pasta.