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/biz/ - Business & Finance


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6212603 No.6212603 [Reply] [Original]

Ok, real talk, who of you fucking pajeets shilled this shit to me? I bought VEN, ENG und REQ. The first two seem to survive every bloodbath, sometimes even with profit, but REQ just goes down and down. Fucking shitcoin, I was 50/50 on this at 0.9$ and ICX at 6$, fuck you.

>> No.6212728

Never give up on ICX

>> No.6212739

If you're in it for short term, go eat a bag of dicks.

For long term, this will make you rich.


P.S: eat a bag of dicks

>> No.6213014

Lol how long has it been? 1 week? This coin will 10x in February. Dump your bags now if you are that impatient.

>> No.6213071

>>6212603
Most REQtards bought this at 3 cents and thought it will be the new BTC. Just drop this shit before it goes back to 3 cents.

>> No.6213123

>>6212603
Hahaha you got shilled good son, now sell off before it dips even lower to 0.54$ orso, don't come and say we didn't warn ya

>> No.6213125

>>6213071

I'm inclined to believe this over the 'hurr it will moon x10' posts. Before it moons x10 it'll probably go down to 10 cents and then moon to 1$, in which case I should just sell now and rebuy later.

>> No.6213170

>>6213125
pussyhands

>> No.6213185

>>6213170

Yeah, just hodl for your 10% profit. Or sell and rebuy for 100%.

>> No.6213627

Oh no poor baby can’t handle a dip :’(

>> No.6213726

The problem with REQ is that it's not gonna go anywhere any time soon. They have no working product, not even close. Most of the functionality they promised is woefully incomplete. So nothing will keep driving the price up until a few months, especially if the market gets more bearish and stops dumping money into incomplete projects.

>> No.6213763

>>6213125
What could possibly go wrong? Obviously you are a genius for coming up with such a cunning plan.

>> No.6213815

>>6213763

What could go wrong? Worst case I take 10% losses, invest in something that actually has potential and make x3 before REQ ever gets to x2.

>> No.6213837

>>6213726

How are you saying this when the team has been successfully delivering on time like a clockwork for a while now?

I mean, I'm a poorfag who is 75% ZRX 25% REQ at the moment, but I still think that REQ has huge potential. I can't find any mention of it outside of Reddit / /biz/, meaning it didn't reach normies yet.

>> No.6213840
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6213840

>>6213125
I find that hard to believe.
It's one of the few coins on the market progressing well
Look at vapourware like TRX, then last weeks update for REQ

>> No.6213918

>>6213840
Shhh...Its fud to drive out the weak hands.

>> No.6213938

>>6213837
If you go check their github it's months from a finished product, with a surprisingly low amount of people working on it. They don't even have the kyber integration yet.

>> No.6213957

>>6213815
Then do it! I fucking dare you!

>> No.6213969

>>6213815
>invest in something that actually has potential and make x3 before REQ ever gets to x2.
If you were so sure you would have done it already. That mindset only will make you lose money in the long term. If you want to gamble go to a casino.

>> No.6214034

>>6213938
I actually did. Still hodling.

>> No.6214036

>>6213938
Mainnet is slated for Q1, you expecting it to be done tomorrow? they haven't missed their roadmap once.

>> No.6214104

>>6213938
>what is a private repository
>mommy i want my Q1 release by january 10th even when Q1 is until march 31st
>mommy i need my internet money to go up when lambo
If you're holding any REQ, I please request you to sell it and never look back. Seriously.

>> No.6214138

Sold my REQ for 9k Coinmetro just before the dip, planning to buy back REQ soon. Defo one of the best coins for this year.

>> No.6214164

>>6213185
pussy
hands
fagoot

>> No.6214180

>>6212603
Shill me on REQ. Whats its business model and is it an Ether token.

>> No.6214208
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6214208

Hashflare is the easiest site to cloud mine ETH out there, i've started last week and it's working just fine.
Buy Scrypt, SHA-256, ETHASH, EQUIHASH hashrates with any Debit Card, and you are good to go !


Here is a step by step guide "How to Mine BTC via Cloud Mining" : http://www.howtobuyiota.blogspot.com/2017/12/how-to-mine-btc-via-cloud-mining.html

So you can start mining with my discount code here is: https://hashflare.io/r/3D06004C

>> No.6214244
File: 42 KB, 606x312, To pay or toupée, that is the question..jpg [View same] [iqdb] [saucenao] [google]
6214244

>>6212603
>he fell for the meme

Get REQ'd hahaha
Bought mine at 0.30$ and dumped them all on you losers at 1.00$, now I'm already riding the next moon mission.

I will send you a card from the moon newfriend

>> No.6214262

>>6214180
DYOR

>> No.6214264

>>6214180
being able to make purchases from businesses or peer to peer in a completely currency agnostic way.

buyer can pay with doge, seller can receive in fiat

buyer can pay in TRX, seller can receive in GNT. any combination you can think of. A flexible commerce platform essentially

yea, it's a commerce platform based on top of ETH

>> No.6214322

>>6214104
Why keep it in a private repo if you aren't confident with it?

>> No.6214345

>>6214322
Are you fucking serious?

>> No.6214358
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6214358

>>6212603
>Newfag arrives
>WHY HAS THIS NOT MADE ME RICH IN 2 WEEKS?

Sell. Your impatience will be your downfall. Stick to the vaporware.

>> No.6214383

>>6214264
With the multitude of payment coins out there, why is this one any better? I do like that its an Ether token. Being on the ether network, it doesnt really need a profit model.

>> No.6214391
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6214391

>>6214180
REQ is currently working on adding ERC20 tokens and Bitcoin support. Fiat is after that.

The point of Request Network is that you can demand payment in whatever you want (for example USD). And the payer can pay in whatever they want (crypto,erc20,other fiat) and through 0x and kyber they will get exchanged in real time with the lowest fees possible (an order of magnitude lower than the exchange rates of credit cards).

>I'm selling my anal virginity on Ebay
>It's priced in USD, but Ebay has embedded the REQ payment system
>You get to pay with cryptos, ERC20 or fiat, and no matter what you pay with, I still receive USD as requested.

Put simply, REQ tokens are what fuels the network. The REQ tokens are not currency.
Buyers and merchants will never interact with the tokens at all. They will simply use the payment system and experience it as an instant purchase/currency swap.

Aside from its intended usage, which is what everyone is basing their valuation estimates on, it will tap directly into a $750 billion crypto-market in which it's currently hard to cash out of, and expensive to buy into.

And as for competition, YCombinator, which has a high stake in Coinbase, also have a high stake in REQ. Since REQ's very functionality will pose a threat to Coinbase's entire business model, it is only logical to assume that REQ will eventually be implemented in Coinbase to ensure that both platforms survive and thrive. Owners never let one business kill the other when it is perfectly logical to merge the two.

See picture. If REQ handles just 0.1% of the global transactions, it means $5B worth of DAILY transactions. And $912M worth of REQ being burnt annually, which increases the price of remaining REQ. With a 10% marketshare, that number increases to $500B of DAILY transactions, and $91.3B worth of REQ being burnt annually.

READ THIS REPORT: https://docs.wixstatic.com/ugd/6f7ca2_96ffee2e91f14af3bbbcecdbc7aee3b1.pdf

>> No.6214410

>>6214036
I'm not saying I have anything against REQ, the idea is really good, but the haven't demostrated their KCN integration is operational, and everything else is a big question mark. The wait could be long until most of the features they plan are operational, and until then it's a toss-up whether it will go up more or just keep bleeding

>>6214345
They have some old shitcode on their existing repos. Most projects have no problem running public repos.

>> No.6214472

>>6214391
What about when there are no REQs left?

>> No.6214475

>>6214410
>but the haven't demostrated their KCN integration is operational

The REQ team is currently in Singapore, working out of Kyber Networks headquarters. All according to plan.

>> No.6214494

>>6214383
It's not a payment coin though. You don't pay with REQ. REQ fuels the platform similar to how ETH fuels ethererum.

Instead of trying to make the new 'best' currency token, tie every crypto together and let people pay with whatever token they want, and be able to have it interact with fiat seamlessly as well.

>> No.6214543

>>6214472
tokens are divisible to 18 decimal points? it burns a percentage, not a set amount of REQ. even if there's 1 req left, it would be burning .00000000000001 req each transaction. you won't run out for dozens of years. and by that point you could come up with solutions to issue new tokens.

>> No.6214554

Could have just bought UFR lol. You still can goy! Don't miss the train

>> No.6214563

>>6214475
Well that's actually good. Sounds like I was too critical about REQ in that case.

>> No.6214568
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6214568

another day of JUSTing

>> No.6214621

>>6214472
The system was designed to last for at least a century, even with mainstream adoption. As usage increases and the price of REQ tokens increases in tandem, the less REQ gets burnt.

Today:
>0.005% fee for 1 million dollar transaction = 61 REQ tokens being burnt

2019, assuming a token price of $30:
>0.005% fee for 1 million dollar transaction: 1.6 REQ being burnt

And on and on and on.

>> No.6214625

>>6213938

This is also why I shit on Linklets.

Great idea, great concept, definitely has value, but no fucking dev team and no fucking product or roadmap. Waste. Of. Time.

>> No.6214636

>>6214322
>Why keep it in a private repo if you aren't confident with it?
You can't be this dense...

>>6214391
Also people need to understand Request is a platform. Online payments would only be one of the many use cases, alongside triple accounting (which I think it will be the great deal of REQ), tax modules, audit, escrow services, crowdfunding plattform...

>> No.6214744

Certainly sounds better then chainlink. I do like the idea of being able to bring various coins together.

Business mode, profit mode, tech, all checks out. Ill be buying this dip.

>> No.6214770

>>6214264
>buyer can pay with doge, seller can receive in fiat

Nice, just bought 100k doge

>> No.6214776

Not to mention the user base actually cares enough to answer the questions. Thats either a good sign or a sign im getting completely fucked.

>> No.6214834

>>6214636
>You can't be this dense...
This reddit tier of argumentation...

>>6214625
Yeah, I'm fairly sure the current bull market has inflated their prices. REQ more so than LINK. Both have a good shot at pulling it off, but right now I'm not overly confident about their ability to keep up. In the end it's all about the finished products and adoption, and if the market goes more bearish those without a functioning platform will take the biggest hit

>> No.6214877

>>6214744
>Certainly sounds better then chainlink
Make no mistakes: There is nothing, nothing on crypto right now, with more potential than ChainLink.

Request is actually expecting for ChainLink to be their number 1 oracle solution. As many other projects relying on smart contracts do.

>> No.6214920

>>6214744
>Certainly sounds better then chainlink.

Don't go all-in on either of them. A 50/40 between the two, with 10% being spent on brainless moon missions to accumulate more of them is the way to go.

Or go something like 50% REQ, 30% LINK, 20% QSP/iExec/0x/Kyber/ICX, or any other non-hyped vaporware brainless normie bullshit.

>> No.6214941

>>6214920
I dont all in on anything.

>> No.6214978

YCombinator has incredibly aggresive marketing tactis. They will shill this down the throat of every single normie in silicon valley.

>> No.6215188

>>6214834
A private repo has nothing to do with confidence on the product. It can be many reasons to keep the code hidden until launch. Privacy, protecting it from copycats, who knows.

Also, with your Kyber bullshit. Do we need to spoonfeed you everything? You can check Request progress on their blog, here https://blog.request.network/?gi=d79973cab714

They are currently on Singapore, where they moved recently to work closer with Kyber https://blog.request.network/request-network-project-update-january-5th-2018-release-of-the-js-library-on-the-road-to-b805be6b58a4

Learn more about the platform, here https://hackernoon.com/request-network-is-more-than-just-paypal-2-0-it-could-revolutionize-the-finance-world-87b54bb455

But honestly, just don't get any REQ. Go look elsewhere.

>> No.6215303

Yeah I was in the Raiblocks thread asking about that one, also a payment solution but one with no profit model. Just good faith someone will run the nodes for free.

>> No.6215516

>>6215188
>Privacy, protecting it from copycats,
These mostly, but looking at their currently public repos and seeing that supposedly a lion's share is private doesn't instil confidence either.

> https://blog.request.network/?gi=d79973cab714
Invalid link. The only reason I sold my position is that the Kyber integration is the cornerstone of the product and hadn't heard enough about its progress while the github offered nothing either.

I have no problem with the platform but considering the current state of development I don't see how I couldn't be holding other things more profitably right now.

>> No.6215561
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6215561

>>6214744
>Ill be buying this dip.
the absolute state of summertime on here

>> No.6215672

>>6215516
Kyber's mainnet is going live on february I think. Request won't be doing anything big before they are live.

Link is this https://blog.request.network/

>I don't see how I couldn't be holding other things more profitably right now.
Then go ahead. I don't need more profitability because I got in at $0.05 cents and have more spare money for the usual shitcoin of the week.

>> No.6215719

>>6215303
And the argument would be the same as Raiblocks -

If I were a retailer that decided to accept Rai as a payment method and it’s easy and costs negligible amounts of electricity to run, why wouldn’t I? If I used it as a primary payment currency, why wouldn’t I?

>> No.6215765

Weak hand don't get to the moon

>> No.6215788

how do you solve disputes in request if it's decentralized?
like let's say i order five anime body pillows but only receive three? how does this work with smart contracts?

>> No.6215798

>>6215672
>Kyber's mainnet is going live on february I think
Ah yes this is a problem in itself though. So many things in the market being in the no product stage.

>Then go ahead. I don't need more profitability because I got in at $0.05 cents and have more spare money for the usual shitcoin of the week.
Yeah, I'll be back when they move forward with development.

>> No.6215846

guys sell now. Its not profitable just sell please. I'm a pajeet that wants more of this worthless coin. sell to me.

>> No.6215874
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6215874

>>6212603

sold my bags payce

havent u seen XLM?

>> No.6215894

>>6215798
>Ah yes this is a problem in itself though. So many things in the market being in the no product stage.
Have you seen TRON? There is no sense to be found on crypto. You get in on what you think it's best.

>Yeah, I'll be back when they move forward with development.
Careful with that.

>> No.6215909

Pump it

>> No.6215975
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6215975

>>6215909

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.6216409

>>6215561
Appears to have been in the middle of a moon mission before the ether pump. How is this not a dip.

>> No.6216479

>>6215719
Thats not the question, the question is, why would you when there are profitable options out there.

>> No.6216720

REQ is actually weathering the altcoin shitstorm really well.

It just holds parity so goddamn well, despite the low volume.

Goddamn, I'm comfy.

>> No.6216835

JUST bought 400 more, stay poor

>> No.6216860

>>6216720
Green id detects great success will come to you.

Feeling the same, Req is truly a storm shelter in these dire times. Also RIPLERS BTFO!! Haha

>> No.6216934

>>6216720
Did you look the eth pair?.. Q.Q

>> No.6216960

>>6216720

>everything crashes
>At least my BTC parity is stable. H-hehe

>> No.6217259

So i'm gonna be safe if i sell my req at 6200 sats now and rebuy around same price before next friday's update? I mean what else can cause this coin to do something before that?

>> No.6217351

>>6217259
Good goyim! sell now and buy stocks.
Much safer

>> No.6217536
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6217536

>>6216934
Did you not notice that ETH had a gigantic bullrun? That's a rather predictable effect on its relative ETH value.

It will equilibriate back up, even against ETH, give it some time. Besides, most of the volume is in BTC, that's where the support is.

>>6216860
I'm a top 100 holder since 4 cents, bought more at 21 and 75 cents. I'd buy more but I ran out of capital.

>>6216960
That's the only metric that counts.

>> No.6217596
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6217596

Go for UFR. Buy it on ED on Etherdelta.
You can still recover your money.
>solid project
>low marketcap
>gonna be announced soon in new exchanges

>> No.6217878

>>6214391
This is really stupid because the white paper says the transaction fee will be less in future transactions, so the fee will never be more.

>> No.6217933

>>6217596

But why would anyone tinker with a literally who tier shitcoin when REQ will deliver 1200-2000% in the coming 2-6 weeks?

Full disclosure: my only other holds are QSP, LINK, considering IOTA but it's terribly overpriced right now compared to the development stage.

>> No.6217974

>>6217536
200k hodler since 5cents. So im fine too