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

/biz/ - Business & Finance

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51144569 No.51144569 [Reply] [Original]

tfw this coin has a fundamental and unbreakable monopoly on the entire smart contract market
tfw the breadth of what this monopoly encompasses is growing faster and faster every year
tfw the market that requires this growing monopoly is itself growing faster and faster every year
tfw I own 0.005% of the total supply of it

>> No.51144590
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51144590

>>51144569
What happens when 75 million tokens get locked up?

>> No.51144595

>>51144569
Hi there!

You seem to have made a bit of a mistake in your post. Luckily, the users of 4channel are always willing to help you clear this problem right up! You appear to have posted a picture of a green cartoon frog when posting, but the frog has nothing to do with the content of your post! Whoops! You should always remember to only post frogs when they are relevant to your post. Posting frogs randomly, when they are not relevant, is poor form. And you should always use a name in the Name field. Otherwise your post shows up as "Anonymous".

Now, there's no need to thank me - I'm just doing my bit to help you get used to the 4channel culture!

>> No.51144670
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51144670

>>51144590
>What happens when 75 million tokens get locked up?
Something similar to rubic I'd assume. Roughly 15% of the total token supply is staked for a period of 10 months on average. The token barely budged as Eth started to dump. Can only imagine what a massively reduced supply on a cashflowing asset that requires 0 maintenance with constant improvements will perform under ideal conditions.

>> No.51144715

>>51144670
When did rubic release staking?

>> No.51144808

>>51144595
o i am seething

>> No.51144854

>>51144715
Staking has been around a while for our little green friend. Staking 3.0, being launched in august 2022, was the true version we've been waiting for. Currently earning 136 rbc per day and swapping that into 1.6 link is very comfy.

>> No.51144888

>>51144569
So, can I get a price prediction when this shit actually takes off?

>> No.51145374
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51145374

>>51144888
holy hitler digits anon
as for the price, it depends on your time frame. in 5 years' time it will still be a great hold, and 5 years after that. Unironically a 20+ year hold because this industry will continue to explode for decades and the cube will be underpinning it the whole way.
For me, it's exciting that the first 5 years is already behind us and I think the next 5 will be even better
TLDR: $1,000