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/biz/ - Business & Finance


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30281921 No.30281921 [Reply] [Original]

Knowing your bags will x10in 20 days? Ill forever be outpriced of the pink/white card but at least i got my 50k cro staked for royal indigo chad status

>> No.30282104

ruby poorfag here

>> No.30282366

>>30282104
youll be worth 250k from those 5000 cro alone in 2 years bro

>> No.30283111

>>30282366
Kek, it will never happen, too much brrrrr going on with their shitcoin. I do like their card and app though.

>> No.30283531

>>30282366
wagmi
I'll keep staking then fren

>> No.30283620

>>30282366
Never going to happen, supply too big

>> No.30283624

>>30281921
what's gonna happen in 20 days?

>> No.30283641

>>30283624
mainnet launch

>> No.30283974

>>30281921
I got 10k on royal indigo. Never selling

>> No.30284180

newfag question, do you need to move to defi wallet for the 20% api or can it be done on the app?
if so then will it apply to already staked amounts?

>> No.30284286

>>30281921
I thought I saw a post saying that cards were being pegged to fiat and not cro?

>> No.30284319

>>30283620
Supply is only 30b now... They burnt 70b tokens in preparation for their decentralised mainnet launch.

>> No.30284560

>>30284180
We dont know the full details yet.
Looks like when you transfer from app to DeFi wallet your CRO ERC-20 token will be swapped for CRO mainnet token 1=1.
This is where you will stake for 20%, don't move anything before 25th March though, as gas fees come into play while on the eth chain.

>> No.30284670

Bought the swipe scam coins instead.

>> No.30284770

>>30284286
not yet

>> No.30284908

>>30281921
>priced out
The staking requirements are priced in fiat now rather than CRO tokens

>> No.30284974

>tried using my blue poorfag card no contact
>card refused

>> No.30285028

>>30283111
Wtf are you talking about? They just burnt a shit load of tokens

>> No.30285148

>>30284770
So why is op saying he is priced out of the card kek? Once that happens it wont be as bad as having to buy a set amount of cro

>> No.30285150

>>30284560
not moving anything anytime soon, most of my stack is staked anyways kek

>> No.30285405

>>30285028
You seriously think they won't mint more in the future? Check their business model, kek

>> No.30285522

>>30285405
.... Thats not how this works, 30b tokens is the max now.

>> No.30285603
File: 237 KB, 1600x800, Fixed Card Staking Requirements_v2__Blog_table.png [View same] [iqdb] [saucenao] [google]
30285603

>>30285148

>> No.30285617
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30285617

>>30284974
You have to enable international use

>> No.30286155

>>30285522
Yeah, now. But what's stopping them from minting more? Maybe you're right and they restructure their model, because as of right now, it won't be sustainable for them in the long term.

>> No.30287586

>>30281921
Feels good. Gonna sell 1/6th of it when it has a 6x just so I can recoup my initial investment and keep going only with house money. I have the green card and it's been pretty great.

>> No.30287602

>>30286155
Their whole deal is sustainability, its way more sustainable than all these retards offering 1,000,000% apr on their coins.

>> No.30287745
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30287745

>>30285617
it was enabled

>> No.30287932

>>30281921
I almost pawned my silver to start out with the Indigo but all the silver squeeze bullshit made me wait.
Could have paid $3,666 for the card that will now cost $4000 this month and when it 10x I would have the gold card.
I bought in at 6 cents...
I coulda been a contender
I hope silver crashes to punish the silver squeeze faggots and so I can acoomulate

>> No.30287995
File: 534 KB, 1078x845, SmartSelect_20210304-094407_Gallery.jpg [View same] [iqdb] [saucenao] [google]
30287995

>>30281921
50k jade green here, feels good man

>> No.30288193

>>30283111
Nice FUD it keeps out the retard OH WAIT!
They are already staked with more boomers staking more every day or at least waiting to stake at $400 instead of more than 2x that amount
When this goes 10x you will FOMO and call this a shitcoin when it falls from $1.20 to $1

>> No.30288216
File: 358 KB, 557x420, jadegreen.png [View same] [iqdb] [saucenao] [google]
30288216

>>30287995
they should've used the Visa Platinum branding everywhere, "Debit" takes away from the premium look

>> No.30288384
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30288384

>>30287995
Royal indigo is sharper mate

>> No.30288443

>website inaccesible from my country
>no listing on binance
shitcoin

>> No.30288573

>>30288443
Yeah we’re all paid shills. Proud of you being smart to see through our pajeetery anon

>> No.30288621

>>30288443
>>no listing on binance
that's a deliberate play

>> No.30288622

>>30288384
>this could have been mine

>>30288443
They are working to meet regulations and soon the exchange will be available in every country.
This is actually great but I don't care regardless since I'm already 2x and comfy

>> No.30288822

I ordered midnight blue just for a test, can you upgrade after?

>> No.30288954

>>30288193
I have ~20k ready to harvest from their defi swap and ~1k from cashbacks. This project is not new and it'll be a nice little pumperino, which I will dump on your dumb ass.

>> No.30288991

>>30288822
yeah but you might have to pay a $50 fee for the card. basically they give you first card free but if you keep changing levels they charge you for the inconvenience

but since you're going from plastic to metal card they might not charge you at all

>> No.30289873

>>30284286
the cards will have a fixed fiat price but the price will be based on whatever the price of CRO is, so if CRO goes up then thay means you'll need less CRO tokens to stake

>> No.30290139

I have 14000 CRO, hoping the price exlodes so I can move from Jade Green to Icy White.

>> No.30290544
File: 342 KB, 632x676, 1521877855741.png [View same] [iqdb] [saucenao] [google]
30290544

I requested a poorfag blue card to see how their system works and I'm still sitting at 'pending', how long does this normally take?

Also, my understanding of how the card works is that I can send ETH to my exchange account, and when I swipe my card somewhere it sells enough ETH to USD to cover the transaction, right? I mostly want to use this as a more direct way to transfer mining earnings into more GPUs.

>> No.30290649

>>30288991
I got mines for free it might be different in your country though.
Remember they just got a couple hundred dollars for what is technically nothing they have sponsored Ashton Martins now there is no issue with money

>> No.30291963

What's the rundown on this? Why is it pumping send after like a year+?

>> No.30292096

>>30290139
If that did end up turning into 40k aren’t you afraid that when they grandfather you in and the bear market comes around they’ll end up being unsustainable?

>> No.30292499

Burnt 70% of their supply.
Price pumps 30%
Fuck this shit coin.
Also the idea behind it is retarded, who actually wants to sell their crypto to consoom? Everyone who's going to make it knows the only way to off ramp is a crypto loan

>> No.30292858

>>30291963
>coin used to be Monaco
>It was rebranded into CRO to match the exchange
>People who were staking were mad and sold everything when they were able to.
>Price hit 6 cents which was their low and now they are advertising their rewards card.
>Crypto.com is #2 in the appstore because of how easy it is to find and use
>Boomers and young people stake not knowing anything about crypto because debit cards don't usually have cash back at all
>Netflix, Spotify, and Amazon Prime Rebates are very attractive and make the effort worth it because that is a lot of money long-term
>Referral codes get you and the person you referred $25 in the coin if you stake for ruby card ( pskkyt3jj5 )

Now here is where it get amazing

>Announced a 70 billion coin burn 70% of total supply
>Also announced a mainet staking for 20% APY with cheaper gas fees and flexible options so we don't end up like GRT
>Staking price has also stabilized to increments of $400 for Ruby $4000 for indigo and add a zero for each one after

TLDR;
This is the new normie coin because of simplicity and card cash back with rebates to shit almost everyone uses.
It is perfect for people who are ignorant about crypto and young people with no credit who can't get a credit card and doesn't want to get bogged on the crypto market.

>> No.30292958

>>30292499
some people make stupid amount of money daily from staking, sending it to a card to pay for all expenses without touching your stack is great

>> No.30293014

>>30290544
You have to top off your card with eth and it’ll convert it to cash. It isn’t that automated as converting during transactions, but still takes a matter of seconds to do

>> No.30293012

>>30292096
If you can't grandfather the coin now you will likely lose a lot of the coins value in the bear market if you grandfather in like 8 months
Its a risk I'm willing to take and ill end up staking it for the next 10 years while buying more anyways.

>> No.30293147

>>30290544
Its taking long because they have had a massive influx
I was there right before it happened the process was quick and easy but when I applied for the Ruby card it took a long time.
Id recommend not staking until the $400 requirement

>> No.30293217

>>30293012
I mean if you have a 10 year projection then that’s the best plan. I’m just afraid of all these people getting locked in at higher rates and they lose 90% of their value in bear market and cro won’t be able to sustain

>> No.30293478

>>30292858
Sounds ok, can I buy this with BNB on BSC?

>> No.30293546

lmao, this niggers want to spaml fucking shit on /biz/
I don’t trust this spam
>SWG and BSC
>That’s our future

>> No.30293705

>>30281921
Can I just stake cro and wait a little untill price stonks before they send me my card? Looking for that sweet obsidian.

>> No.30293824

>>30293705
Yeah you can stake in the flexible option in earn which lets you pull it out at any time. It's only 2% APY though, compared to 6% for the 3 month term, 10% for the staking towards a green/indigo card or higher, and 20% for mainnet staking.

>> No.30294076

>>30293705
Mine as well stake for the card. If it get high enough for it to be worth obsesidian you can automatically upgrade. You won’t have to wait for your term to end

>> No.30294842

I dont get it, whats the difference between "cro stake" and without it.

>> No.30294954

>>30288216
This

>> No.30295371

>>30293478
ngmi