/biz/ - Business & Finance

[Anonymous No.50098936]

Is The Graph (Ticker: GRT) unironically the next 100x? It looks like it has solid fundamentals and a solid use case desu

[Anonymous No.50099296]

>>50098936
Idk about the pumpamentals, not there, but it's real utility. Sorry but you have to already have a stack delegated for the price beibg low to not matter (because it means more GRT rewarded anyway).

[Anonymous No.50099412]

>>50098936
No but RLC is

[Anonymous No.50099447]

>>50098936
No but HBAR is

[Anonymous No.50099485]

>>50099296
>pumpamentals
no

>yieldamentals
yes

[Anonymous No.50099611]

>>50099412
rlc is vaporware with no product
grt will literally be used by every Ethereum based project

[Anonymous No.50100014]

>>50099485
Hahahaha, yea that's the right word, added to my vocabulary now.

[Anonymous No.50100029]

>>50098936
Gnitty Gritties

[Anonymous No.50100055]

when the hosted service gets shut off in 2023 will those with 100K stacks and above make it?

[OmegaFaker No.50100089]

>>50100055
when main net gets delayed in 2023, no you will not make it

[Anonymous No.50100580]

>>50100089
fuck you

[Anonymous No.50100603]

>>50098936
Yes! But don't give that away or we won't have enough time to accumulate.

[Anonymous No.50100648]

>>50098936
What you should be buying instead is FTM... the thing has crazy potential it's literally a firesale (if you know what that means even kek)

Just months ago everyone was malding and screaming about not getting into fantom when it was below $1
Now it's below again... but I just know people will miss out again because they are retarded like you and buy crap like GRT
actual DOOOOOOOG SHIT! crazy!

It's like trading a bar of sold gold for a hand of street shitter special deluxe poo if you buy GRT instead of FTM
Don't make that mistake again

[Anonymous No.50100735]

>>50098936
keep on dreaming anon. I am the real world and Im telling you to invest in something with actual utility like MATIC.

[Anonymous No.50100912]

Sir, I need you to SHUT THE FUCK UP
Go buy some project with actual real utility like dogbat instead of this muh can't go below 10c shitcoin
TOKEN IS NOT NEEDED

[OmegaInsider No.50100946]

Actual literal unironical GRT insider here. You guys have NO IDEA what's coming on Graph Day. I want to reveal what I know so badly but I signed a NDA. What will be revealed is so fucking bullish, the pump will so massive, oh man, you guys just have no idea what's coming.

[Anonymous No.50100954]

>>50100055
>>50100580
If you really cook the books with the most liberal query pricing, compounding query growth variables, and indexers deciding to be more generous with query fee cut, there's a fringe case to be made for make-it yield in 2023, but I really wouldn't gamble on it.

Realistically you're looking at maybe an extra $2-3k/yr from fees, but also a decent price recovery, so the dollar value of delegator indexing rewards should increase proportionally.

[Anonymous No.50101202]

>>50098936
The entire industry is going to be competing with GRT by the end of next year. I mean the Coinbases and Binances of the world.

If you think you're maintaining this quasi-monopoly much longer you're fucking crazy. There have barely been any new indexers since Mainnet. Nobody is spinning up any new infrastructure.

Why do you think you're going to do better than a dedicated multi-billion dollar company? You think this is all about """""""decentralization"""""" but this bear is going to show you the truth about the real world: it's about money management.

Who is better at money management? Brian Armstrong and CZ or Mr. ""Geo - Love is Better than Hate" "Where are the fees" Yaniv?

[Anonymous No.50101402]

>>50100954
what if I have a 500K stack? will I make it then?

[OmegaFudder No.50101430]

>>50101202
So you're saying that Binance and Coinbase are going to create indexing services that are able to compete with the graph, a service that has served as the backbone of defi for the last years, and that developers are going to choose those indexing services because Binance and Coinbase are better at money management?

[Anonymous No.50101482]

>>50101402
Cozy supplementary income but not in the retirement zone yet.

>>50101202
Alexandre needs to unleash composability and lock in GRT's moat so fudders shut up.

[Anonymous No.50101506]

>>50101430
Binance steals code, tried to steal GRT's to run their own indexer and that didn't work. Pancakeswap and others are working using GRT code.

[Anonymous No.50101513]

>>50101430
>developers are going to choose those indexing services because Binance and Coinbase are better at money management
No, developers are going to choose Binance and Coinbase because THEY ACTUALLY HAVE MONEY TO SPEND ON MAKING PERFORMANCE BETTER

[Anonymous No.50101540]

>>50101430
No, OmegaFagger. I'm trying to tell you that when The Graph is ready, we are all gonna make it

[Anonymous No.50101545]

>>50101513
>coinbase
>money

Why would they lay off a significant chunk of their workforce if they had the resources to eat the value prop of one of their venture investments?

As for Binance, >>50101506

[Anonymous No.50101550]

>>50098936
This is a tremendous buy. The greater your hatred of money, the larger your bag should be.

[Anonymous No.50101588]

>>50101550
According to that chart, 70% of the supply is in circulation and the rest of the unlocks are for the Foundation and E&N.

[Anonymous No.50101608]

>>50101588
What could possibly go wrong?

[Anonymous No.50101687]

>>50101545
You're just delusional and ignoring reality if you think the 167 or whatever ""nodes"" of The Graph (of which MAYBE 20 actually provide remotely reliable service) are actually going to index the entire blockchain ecosystem.

The entire technology stack for the Graph flows through indexers. NOBODY has come online in the entire history of the testnet. Teams are leaving in droves and spinning up their own indexer in house because The Graph sucks AND because nobody gives a shit about decentralization of indexing so they don't suffer ANY reputational harm from the decision (for instance, Lens).

This board is so retarded. You guys just find your "data" about The Graph, project it out 25 years as if nothing is going to change, and assume you're going to "make it" next bull run. If you even only paid attention to Crypto Twitter you would see how many people are starting to hate The Graph. But you don't care enough to look.

Enjoy the delusion.

[Anonymous No.50101718]

>>50101687
I have a Bachelor's degree in Computer Science from a prestigious university, and I can tell you for a fact that The Graph is an absolute joke.

The blockchain is already directly descended from one of the oldest and most well-known data structures in computing, the linked list, and these people seriously think they can topple the extensive research that has gone into perfecting it.

It's nothing more than soiboi webdev cope, complaining that they need their "query languages" and "logarithmic time complexity" to be able to use it, as if using big words like that will impress anyone.

And they're all even too cheap to build their own processing infrastructure to do it properly! If you can't afford to build the necessary systems to run your dApp, then maybe your dApp wasn't actually all that good?

I can't wait to laugh at you retarded bagholders when this obvious scam inevitably rugpulls, and you all act like nobody ever saw it coming.

[Anonymous No.50101727]

>>50101687
Spicy, Ser.

[Anonymous No.50102027]

>>50101687
fuck fuck fuck somebody refute this fud or am I going to sell everything

[Anonymous No.50102041]

>>50101687
Sounds bad. Someone should notify the other 6,500 developers and teams that it's over.

[Anonymous No.50102406]

>>50102027
>hosted service is slow and goes down sometimes
>mainnet is fast and has never gone down
>aave only uses hosted service
>aave complains about the graph as a whole
>anon takes complaint and runs with it as though the entire ecosystem is jumping ship

He's been doing it for weeks, maybe months now. The network does need more indexers, and low prices are helping to make that possible.

Take this with a grain of salt, but a competitor I speak with periodically with suggests Lens self-indexes because they want to moderate in realtime. AAVE uses a lot of backend caching for a protocol that cares so much about data freshness.

[Anonymous No.50102443]

>>50102406
>*that i speak with periodically suggests

[Anonymous No.50102484]

>>50098936
no lol..
have you not seen this
https://www.bis.org/bcbs/publ/d533.pdf
>Banks will be "only" allowed to invest up to 1% of Tier 1 capital in "Group 2" cryptoassets.
>Group 2 crypto assets are defined as pretty much any crypto that is not a) A tokenised regular asset, b) A particular limited class of "proven" stablecoin.

The only token that is potentially unfucked is LINK since it will likely be used to track the tokenised regular assets.
For example, banks will only be allowed to hold 1% of btc. Now given how shit most alts are compared to btc, you can pretty much kiss institutional investing goodbye.

[Anonymous No.50102542]

>>50101550
Why do people keep posting this as if it's two years ago?

[Minoosh No.50102820]

Hey Sirs
Fancy meeting you here

[Anonymous No.50103731]

>>50101687
>If you even only paid attention to Crypto Twitter
in the trash it goes. a woman you never will be.

[Anonymous No.50103774]

>>50102484
The graph is literally used as an endpoint to query data on tokenized assets

[Anonymous No.50103818]

>>50103774
you're mistaking chainlink's and the graph's use case.
You need an oracle correctly tracking tradfi assets once they're tokenised. The graph isn't an oracle

[Anonymous No.50104167]

>>50103818
>The graph isn't an oracle
Wrong. This board is so fucking clueless.

[Minoosh No.50104247]

>>50104167
You might be the dumbest most retarded Sir I've ever had the displeasure of coming across

[Anonymous No.50104322]

>>50104167
lmao

[Anonymous No.50104431]

>>50104167

[Anonymous No.50104433]

>>50104247
>>50104322
You act so smug. Did you even watch Graph Day? Watch Brandon's talk and then say your same smug reply again.

You have no idea what is even happening. This board lives in a perpetual state of 2017.

[Anonymous No.50104458]

>>50104433
you have no idea what an oracle is lmao

[Anonymous No.50104472]

>>50104458
Go suck Sirgay's cock another time while the market speeds past you.

[Anonymous No.50104529]

>>50104458
Brandon LITERALLY addresses this EXACT point in his talk, and directly says the Graph can be an oracle.

I'm not finding the time stamp for you you fucking faggot. How about you spend 45 minutes and learn a few things about the market you pretend to be an "investor" in?

[Anonymous No.50104602]

>>50104529
this

[Anonymous No.50104750]

>>50103774
Correct.

>>50103818
The Graph isn't explicitly an oracle network, but it's come into its own as a de facto onchain data oracle.

>>50104167
Correct.

>>50104247
He's right though.

>>50104433
Based and Brandonpilled.

[Anonymous No.50105019]

>>50104529
I'm not gonna spoonfeed you why several non-chainlink projects that have attempted at being a sustainable oracle have either failed or caused numerous DeFi protocols to be hacked because of them.
There's a reason why chainlink is an oracle standard (with 1300 projects using it and TVL in the tens of billions). There's a reason staking has been in development for so long. The Graph with its primitive staking+delegation invites several relatively easy attack vectors if it attempts to be an oracle. It'd take less than $300mil to manipulate subgraph data atm. Anything that is subpar to quadratic staking is inferior to chainlink.
I've been paying attention to The Graph since my involvement in its testnet, and being a wide-adopted oracle is not in its roadmap. Brandon talked about the Epoch Block oracle, which is a centralised oracle used within the protocol, ie. to provide block number which would help indexers with closing allocations.

>>50104750
>but it's come into its own as a de facto onchain data oracle.
just no.. being able to fetch/look/create (at) pretty analytics isn't *being* an oracle.

[Anonymous No.50105181]

>>50098936
stop with this nonsense. It didn't moon during the bull run its not gonna moon now.

[Anonymous No.50105213]

>>50098936
If you wanna make money then buy a coin that offers a return, a good apy. Otherwise your just holding something just to hold.

[Anonymous No.50105528]

>>50105019
>Brandon talked about the Epoch Block oracle, which is a centralised oracle used within the protocol
Listen faggot, I get that your brainlet tier response is supposed to trigger me into giving you the quote from the talk. Well, it worked. Here it is:

>so today most use cases are front-end use cases right whether it's a read-only app an interactive app some kind of defi front end but there's a host of on-chain use cases that the graph has not really yet been applied to in earnest you could imagine a subgraph acting as a reputation oracle. as we heard from yaniv earlier today you could imagine it being used as a price oracle or some kind of defi aggregations

Are you happy now? The rest of your post was Sirgay ball gagging that I won't address.

YOU'RE NOT DONE WITH RESEARCH ONCE YOU FIND CHAINLINK IDIOT YOU STILL HAVE TO FOLLOW MARKET DEVELOPMENTS.

[Anonymous No.50106078]

>>50105019
>just no.. being able to fetch/look/create (at) pretty analytics isn't *being* an oracle.

Would you argue this will remain the case when verifiable queries come into play?

[Anonymous No.50106093]

>>50102542
Might it be because it describes a period of five years?

[Anonymous No.50106633]

When I make it with my GRT stack, I'm finna team up with Bill Gates and force vaxxmaxx every single poo-in-loo named Minoosh in India. Inshallah praise Science! Then I'll fukk some pajeetas in the ass with my BWC and be on my way. How about you GRTbros?

[Anonymous No.50107163]

>>50105019
>subpar to quadratic staking
translation:
>blah blah blah here's a buzzword to make it look like I know what I'm talking about

[Anonymous No.50107167]

>>50106633
I'll enjoy my big titty goth gf harem dabbing on my dick

[Anonymous No.50107597]

>the nintendo of blockchain
>the duckduckgo of kentucky fried chicken
>the opposable thumbs of fingers
>the blockchain of google
>the double-decker of party favors
>the plug of butts
>the barloid of the garloid
>the askjeeves of bike locks
>the yahoo of door handles
>the backbone of defi
>the google for web3
>the bitcoin of cryptocurrency
>the catholicism of finance
>the sausage of hotdog
>the garlic bread of money
>the API for APY
>the sanrio of blockchain
>the mahatma ghandi of these cocaine calisthenics.
>the zippo of crypto
>the lamborghini of ferrari
>the doordash of runscape
>the uniswap and coingecko
>the yoo-hoo of chocolate drinks
>the sasha grey of anal porn
>the thai ladyboy of trannies
>the starbucks of coffee
>the katrina of hurricanes
>the never of womanhood
>the strawberry milk of roofing tiles
>the blacked of pornhub
>the anal fissure of ass problems.
>the bag of hodling of bags
>the tranny of blockchain
>the bing of chainlink
>the chai latte of iraq.
>the chicken of barnyard animals.
>the kerrygold of butter.
>the big up to your chest
>the pnd of /biz/
>the xenophobe of xenogeny.
>the squat plug of web search engines.
>the sneed's of seed and feed
>the dyson of vacuums
>the fly of stink
>the pappy van winkle of bourbon.
>the grey goose of vodka.
>the rinnegan of visual prowess.
>the torn condom of my love.
>the Malena Morgan of lesbians.
>the toyota of cyberspace
>the yahoo of sickening losses

[Anonymous No.50107792]

>>50101718
>Ironic fud
Yeah anon good plan. Worked out so well for kleros, didn't it?

[Anonymous No.50107964]

>>50107163
Best not to outright dismiss what linkies have to say, even if they disagree with you and vice versa. It's at least worth doing a little homework to understand where they're coming from. I need to read the whitepapers myself.

At the same time though, I did kinda predict some tension emerging between gurties and linkies as The Graph becomes an increasingly formidable datasource. It might be beginning.

[Anonymous No.50107983]

>>50107597
>the toyota of cyberspace
Underrated.

[Anonymous No.50109143]

>>50104529
Brandon is not an authorized on what an oracle is. Indexers could feed oracles but they are not oracles. Currently, smart contracts can’t call the graph, only dApps can.

[Anonymous No.50109629]

>>50109143
oracle =/= relay

[Anonymous No.50110397]

>>50109629
An oracle is a program that states facts to a blockchain by writing values to it. The graph doesn’t do that. To do that as reliably as Chainlink they’d need corresponding DONs.