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/biz/ - Business & Finance

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53816916 No.53816916 [Reply] [Original]

No one discusses this on /biz/. Everything /biz/ shills is a scam so the fact that it isn't being shilled here means I must be on to something. I'd recommend you check the weekly chart and see it's stellar performance.
>inb4 but you're shilling it on /biz/!
How often do you see filecoin threads? I rest my case.

>> No.53816975

>>53816916
I have 3500, seriously my highest potential after ICP.
It's founded by a mexican so I'm not so sure it'll do well in here.

>> No.53816979

>>53816916
sia is better technology

>> No.53817063

Fucking piece of shit can’t even pump to 15 someone whip that spic to get the prices up more. Next100 anon promised a 30x and Fritzz said it was gonna pump.

>> No.53817273

>>53817063
It did pump a lot. 2 months ago was at like $2.5

>Next100 anon
Lol you mean the schizo who predicted a 28x by April? Lmao, even.

>> No.53817293
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53817293

>>53816916
I had the choice to put $10k in this at $3 or $10k in the shitcoin casino and I chose the casino, my $10k is now $5k, I've fucked this mini cycle up and want to kill myself.

>> No.53817300

>>53816916
fuck off retard

>> No.53817401

>>53817293
I still think it's going past 10 this cycle before the next massive dump occurs. Might not be too late anon.

>> No.53817492

>>53817401
R/R is not good anymore, rather sleep soundly while up 3x from the bottom over monitoring this shit for maybe a 1.5x or a reversal, based on past experience I'd rather save my cash and wait for that next massive dump since we are still a year away from halving and macro is still shit.

>> No.53817509
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53817509

I bought a lot of fil but I took some profits at 8.50-9.00

>> No.53817528

>>53817509
I put the "profits" into vela. Still have some fil though. Hopefully I can see $10

>> No.53817582

>>53816916
I don't hold much FIL but I tremendously respect their tea mand developers and work with other technology they've built on an almost daily basis these days.

>> No.53817605

>>53817582
*team and developers

>> No.53817622

>>53817582
>>53817605
>daily basis
>these days
jfc i need to sleep

later anons

>> No.53818387

>>53817509
>>53817528
FIL is trash. SIA will dominate and has no competition because it actually works unlike FIL. FIL is literally nothing. Literally just another meme coin like all others.

>> No.53818450

>>53817293
Anon why didn't you just buy ICP? It's too early for the casino rn

>> No.53818507

>>53818450
>Anon why didn't you just buy ICP
Probably because he's not retarded. Get the fuck out of my thread you low IQ idiot ICP bagholder.

>> No.53818544

>>53816979
Sia doesn't have IPFS, so no.

>> No.53818663

>>53818450
Not buying anything now, going to sit on the sidelines until the next dump.

>> No.53820478

I bought 4100 earlier today and I'm at a ~2k profit at the moment. Debating selling for a swing.

>> No.53820724

Question: how are smart contracts used? You know, that long string of numbers and letters. Noob question, I know. It's supposed to cut out the middleman so I don't need to use one of those swap/exchange sites to get File?

>> No.53822498

>>53820724
To get it without a centralized exchange you'd likely need to buy a wrapped version of it (e.g., wFIL) since the FIL native token itself isn't an ERC20 token.

https://docs.filecoin.io/about/assets/wrapped-filecoin/

Swapping, which is facilitated by smart contracts onchain, are inevitable and necessary to accomplish this.

>> No.53823238

>>53818387
Braindead.
They have the largest decentralized storage network by far by both max capacity and currently stored data, cross chain compatibility and are releasing FILVM soon. Stop shilling for a no name piece of trash

>> No.53823250

>>53816916
i did shill this here once like 2 years ago

>> No.53823277

>>53818544
Based.

>> No.53824889

>>53822498
Thanks for the insight

>> No.53825525
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53825525

Anon you cant get mad at people for not fuckin caring about tech that flipped because it simply didn't find a place in the market. FIL and similar were good for a while but they ran their course. I'm now into POND and XMR and other privacy-focused coins because they are the new shiny narrative and that's about it.

>> No.53825540

Wasn't this thing like 30 bucks about two years ago? What happened?

>> No.53825556

>>53825525
this.
its the prime example of the defi wars of 2020 where everything had to be defi because bitcoin was cozy at 60k and the nft hysteria began.

now, who cares?

>> No.53825563
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53825563

I now associate all shades of blue with chainlink

>> No.53825616
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53825616

What are you transferring that requires both decentralization and encryption, OP?

>> No.53825640

>>53825616
nobody uses the product themsleves only the token matters.

>> No.53826350

>>53825525
Have you compared the performance of FIL, POND, and XMR? The market seems to disagree with you.

>> No.53828772

>>53817063
Fritzz already delivered. Put $500 in after the Wednesday thread, cashed out $600 and still ~$200 bucks worth of FIL in. +50% in less than 10 days is a successful trade 10/10 times.

>> No.53829133

>>53816916
it's a vc scam.

>> No.53829251

Filecoin has very deceptive tokenomics and is currently hyper inflationary (over 100% in a year?!), and whales are using the current "muh virtual machine" hype to lure in retail suckers to dump on.

>> No.53829393

It's alpha time: Swarm #526 on marketcap

<1/100 market cap of Filecoin while being a superior product (https://hackernoon.com/whats-the-difference-between-ipfs-and-ethereum-swarm

On the cusp of breaking years long accumulation range any day

Incentives system solved (live on mainnet)

non-static storage soon (think decentralised databases). This will be a game changer for NFTs, dapps, web3 games etc

Project been in the making since devcon1

Founder is giga brain and having some sickness, totally deification potential

270 pages whitepaper with unfathomable stuff https://www.ethswarm.org/The-Book-of-Swarm.pdf

Tokens can only be bought by minting the bonding curve contract on-chain. The bonding contract also provides easy exit without worrying about liquidity

It's normie free since you have to mint/redeem it on-chain and the token is barely listed on any cex/dex. VCs long time dead as well since price is below raising rounds.

>> No.53829524

>>53829251
Can you elaborate? I looked in to it and it seems to have inflation the same as that BTC has inflation - mining new blocks.
>https://medium.com/@ryanshea/the-economics-of-filecoin-a8d826774674

>>53829393
take your pajeet shitcoin spam to its own thread please, thank you!

>> No.53829642

>>53829133
Agreed. I remember seeing this 18 months ago - pretty sure Citadel is behind this.