/biz/ - Business & Finance

[Anonymous No.6232553]

no req thread?

[Anonymous No.6232587]

Shhhh i'm accumulating.

[Anonymous No.6232791]

this bitch is about to moon so hard, it'll be a new ath, that much is obvious. I'm just not sure how high it'll go.

[Anonymous No.6232929]

look at the volume if you're worried... classic accumulation
btc chart still looks bullish
looking at the eth chart, another pump to .001 ($1.25) wouldn't surprise me

not much more to say

[Anonymous No.6233200]

>>6232553
Shh let dogs lie down.

19th will be a moonmission.

[Anonymous No.6233286]

so let's say req is out and running with all its features. would i not need to pay for: the gas for the transaction, both kyber token and 0x to change currencies and also for req to burn? seems like a lot

[Anonymous No.6233465]

q2 FIAT management features introduced, q1 mainnet release on ethereum...literally guaranteed bet this year

[Anonymous No.6233501]

REQ is probably one of the top-5 projects in ALL of crypto right now. If you dont think they've started talking to e-commerce giants and big 4 accounting firms, well, you're wrong. Wait until this spring. Hold this until June and you'll see MAJOR announcements of corporate partnerships, a live working product, real world adoption. This is more than 99.99% of the projects out there. $10 this year.

[Anonymous No.6233539]

>>6233200
Why the 19th ?

[Anonymous No.6233561]

>>6233286
I already answered this. The full technical explanation is in the yellowpaper.

There is a very small fee paid to Kyber (due to partnership) or 0x. There is no need to pay for ETH gas as the transaction is not actually done over ETH but over kyber/0x.

[Anonymous No.6233604]

>>6233561
Blatant FUDDing. Dont waste your time my good anon.

[Anonymous No.6233621]

>>6233539
Developer scheduled news and they said they were focusing on accounting partnerships so it's probably got something to do with that. Will probably cause a new moon.

[Anonymous No.6233681]

>>6233561
alright makes sense thanks

[Anonymous No.6233768]

>>6232553

Quiet OP, we're in accumulation phase.

When you see a robust horizontal trend like this with ETH having a bullrun, you know it's getting ready to spring. Going to break $1.50-2.00 range on Monday.

[Anonymous No.6233790]

>>6232553
Never have I been comfier holding a coin.
This shit will blow past everyone's expatations, I can already see the Pink wojacks on here because anons missed out.

[Anonymous No.6233898]

>>6233561

And thank God for that. GAS transfer payments are such a pain in the ass, and not a single normie is going to understand an operation so complex.

THey just want to transfer fixed balances and have the fee paid through some internal mechanism, which REQ promises to sold elegantly.

[Anonymous No.6234047]

>>6233501
>top 5 coins

What are the other 4 coins ? Shill me pls

[Anonymous No.6234180]

>>6234047
Eth
Ven
Req
Xmr
Xlm

[Anonymous No.6234436]

Does anyone have REQ copypasta? Friend of mine is considering dropping 5K into this and need some talking points

[Anonymous No.6234558]

>>6234436
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.

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.

[Anonymous No.6235168]

Why are fees for moving REQ so fucking high?
I considered moving it to my Ledger Nano S, but burning 15 REQs just for gas seem like an awful waste :(

[Anonymous No.6235357]

>>6235168
B-b-but anon, ling ling motherfuckers made it dynamic.

>still fucking 10 bucks, jews.

[Anonymous No.6235431]

>>6234180
Link should be top 5
Not even meming

[Anonymous No.6235434]

>>6235168
It was 50 REQ at the start and became 30 REQ when REQ reached $0.15. Then it became 15 REQ and now it's at 12.4 REQ.

Just wait for a couple of months and it'll be below 5 REQ.

[Anonymous No.6235564]

>>6235431
Asked for top 5 not 6

[Anonymous No.6235589]

>>6235434
K, brother. Just don't like keeping it on exchange too long that's all, but I guess Binance can be trusted to a degree.

[Anonymous No.6235596]

>>6232553
UTK is the future

[Anonymous No.6235655]

>>6234180
>XMR
I wish, although it keeps getting pushed back from the top coins. Also, ICX.

[Anonymous No.6235660]

JUST

[Anonymous No.6235674]

>>6234558
All the req is burnt what's that shitcoins worth then

[Anonymous No.6235745]

>>6233501
If all of that happens this year, then don't you think 10$ is a bit of a conservative estimate?
I mean, look at the top20 on CMC, most of them are shitcoins with no working products or decent use cases.
If REQ delivers (which atm looks like one of the few crypto teams capable of ACTUALLY building the product they devised in the whitepaper), it will become THE crypto that will kickstart the mass adoption phase.

[Anonymous No.6235782]

>>6235674
also curious

[Anonymous No.6235784]

>>6235674
I'm so tired of the same noob ass questions every thread. Read the fucking whitepaper you dirty little pajeet.

[Anonymous No.6235846]

What will give better returns
REQ or 0x?

[Anonymous No.6235951]

>>6235674
REQ is used as an transaction fee, the system buys back a tiny amount of REQ from the market and then burns it or something like that
Or you could just read the whitepaper you lazy fuck

[Anonymous No.6236035]

>>6235674
Sanjeev, read the paper. Read it while you poo in a river and drink the water.

[Anonymous No.6236132]

>>6235951
>>6235784
>>6236035
You still didn't answer my question if req is burnt and it has a fixed supply eventually it will burn all of the req doing to amount of transactions you claim.

[Anonymous No.6236307]

guys im tired of moon hunting want to go to sleep for a while. what do u think about 100k$ split between link req kyber ox? will i make it with just this?

[Anonymous No.6236472]

>>6236132
As more REQ is burned the value of the remaining REQ goes up since the market cap would remain the same but distributed to less tokens
Even if we somehow got down to less than a million tokens then each token would be worth thousands or more and would only increase in that manner as more transactions occur
It's like trying to divide a number to reach zero

[Anonymous No.6236500]

>>6233539
Bi-weekly update. New partnerships + Kyber integration development progress + possible Bittrex listing. The next 30 days is going to be fucking MASSIVE for REQ.

[Anonymous No.6236537]

>>6235674
>>6236132
The amount of REQ burned per transactions lowers if the supply of REQ shrinks.

Thus in 2018 the cost might be 1 REQ and 1 REQ per transaction gets burned

in 2020 it might be 0.1 REQ per transaction that will get burned

in 2834 it will be 0.0000000001 REQ per transaction that gets burned.

REQ can be divided into 18 decimal points and is designed to last for centuries.

You don't have to worry about REQ running out within the 3rd millennium.

And even then when REQ finally runs out in 3500 AD or something they could just fork the system.

[Anonymous No.6236653]

>>6236307
Choose REQ, LINK, QSP, Enigma. If you have to choose 4 projects. I suspect those 4 to be among the biggest growers of 2018 in that order.

[Anonymous No.6237136]

What is the highest value REQ could realistically hit?
My friend was saying that with it's applications (payment stuff), and coins in circulation, it would be unlikely to go above 10bux even if it was fully adopted.

Is he correct? I don't have shittons of REQ, only 2600. But I won't be investing any more unless it has more potential than 10bux at the very peak.

[Anonymous No.6237165]

>>6236653
So it's not worth buying some kyber & ox? I have req link & qsp, but am thinking I wish I had some kyber & ox too. Is it retarded to diversify & buy another of those 2 or just increase my req & link stacks?

[Anonymous No.6237369]

>>6236500
Where did the Bittrex listing rumor come from?

[Anonymous No.6237399]

>>6237165
Kyber and 0x will have a lot fewer opportunities for future growth than REQ and LINK. So while you will not lose money on them you'd probably get a higher profitability just buying more LINK or REQ.

[Anonymous No.6237514]

>>6237136
Nigger, if it got FULLY adopted then each token would be worth thousands of dollars

Someone post the burn analysis and market share chart
I can't find it

[Anonymous No.6237557]

>>6237399
That's what I thought

[Anonymous No.6237559]

>>6235674
Today:
>REQ worth $0.8
>$1M transaction with a 0.05 fee = 628 REQ tokens burnt

2019:
>Hypothetical REQ token price of $80
>$1M transaction with a 0.05 fee = 6.25 REQ tokens burnt

And this can go on and on and on for decades, even with mainstream adoption.

Inb4 you ask why the REQ tokens gain value in the first place.

[Anonymous No.6237569]

>>6237514
Please do, I'm very curious.

[Anonymous No.6237578]

This coin is able to hit $10 in three months?

[Anonymous No.6237624]

>>6237514
This one?

[Anonymous No.6237644]

>>6237578
i would say $4-$6 in three months
$10+ EOY

[Anonymous No.6237674]

>>6237578
No, fuck off, pajeet. Go buy Confido. 100% guaranteed 10x in 3 months.

[Anonymous No.6237678]

REQ is unironically the worst performing coin in my entire portfolio, and I even bought in very far away from the ATH. I really don't know if I should keep this cuckcoin.

[Anonymous No.6237718]

>>6237624
So what does this mean for price possibilities? I'm a bit retarded with this stuff.

[Anonymous No.6237720]

>>6237678
Yeah same. Am not sure what the fuck I'm doing holding all this REQ

[Anonymous No.6237758]

>>6237624
That's the one

[Anonymous No.6237775]

>>6237678
What other coin do you have that went 2500% in 2 months time?

I bought SALT at $2 and sold at $16 and REQ is STILL my best investment.

[Anonymous No.6237850]

>>6237718
It means that if REQ manages to steal a tiny marketshare, it'll likely hit $100B+ within a year or two.

>>6237678
>>6237720
Please sell.

[Anonymous No.6237998]

>>6237775

I'm not even in crypto for 2 months. I bought it at 0.5$, then it went up to 1.2$ or so and now it's at 0.83$. Meanwhile other investments have skyrocketed and stuff like VEN and ENG even went up during the bloodbath. And REQ is just cucking away.

[Anonymous No.6238110]

>>6237998
>I'm not even in crypto for 2 months

It shows with the lack of patience. If you think this bullmarket for alts will continue for long, you're in for a surprise.

Find the real projects, and prepare for Bitcorn to shit the bed. More than half of the "projects" on CMCs current top 100 will likely be worthless one year from now.

[Anonymous No.6238221]

Getting sick of people complaining instead of just doing something about it and selling

[Anonymous No.6238233]

>>6237998
Two months ago REQ was 0.03 USD.

Please sell, and never look back.

[Anonymous No.6238256]

>>6238221
We've been invaded by ADHD attention whoring newfags.

[Anonymous No.6238320]

>>6237998
Oh ok I understand then. Most REQ holders are crypto veterans that are here for ~1-2+ years already and know how the market behaves.

While it might look like REQ is shitting the bed right now it's actually normal behavior for cryptos.

Look at the graph in pic related. As you can see ETH went from $22 to $7 over 6 months time.

I was fairly new into Crypto back then and I sold my ETH at ~$15 when I bought it at $2.

I wish I was more patient back then and just held would have 4 million right now if I did.

REQ is not even close to the "crash" as ETH has and is growing at a must faster rate and has a better future. Have some faith anon. Don't fall for the FUD and remove blockfolio and restrict yourself to watching coinmarketcap only once a day.

[Anonymous No.6238459]

>>6237850
So what would this mean for the price per token?

[Anonymous No.6238524]

>>6238320
You’re not gonna help someone who calls a steady price move “cucking away”. On another note, isn’t it interesting that most people in req have been in crypto for a year or more? Great minds think alike, I suppose

[Anonymous No.6238551]

>>6236537
>3500 AD
great job star trek virgin, none of us will even be alive for to cash out then

[Anonymous No.6238583]

>>6235596
UTK MY NIGGA, HOW MUCH U HODLIN?

[Anonymous No.6238609]

>>6238524
>isn’t it interesting that most people in req have been in crypto for a year or more?
I bought Bitcoin in 2011. Buy bazingacoin. Trust me bro

[Anonymous No.6238639]

>>6238551
i will set up a REQ trust fund for my family then

[Anonymous No.6238643]

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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

[Anonymous No.6238710]

>>6238639
Jokes aside got some insider FUD take it as you will

[Anonymous No.6238730]

>>6238221
I honestly thought it was a meme since it ALWAYS happens starting the day after a huge pump and continues until the next pump
There is no way anybody who has held on for at least a week hasn't made a profit

[Anonymous No.6238775]

>>6238551
You realize you can cash out whenever the fuck you want right? You don't have to wait until you own the only REQ in the world.

[Anonymous No.6238847]

>>6238459
About 150$ per token no accounting for token burning

[Anonymous No.6239065]

>>6238524
To be fair, I've seen Bitcoin, Eth all shilled on this board and i didnt believe in them. I seen Req as a third chance.

[Anonymous No.6239070]

>>6238459
It's nearly impossible to say. But given that if nothing extraordinary happens, and nothing extraordinarily bad happens, and the project launches as planned, my guess is $50-75 by EOY.

With (small) mainstream adoption that's nowhere close. It'd be far, far higher.

[Anonymous No.6239131]

>>6238847
>>6239070
I think these are both to conservative, If coins with no working product can reach top ten a coin with a wearing product and even modest adoption will sky rocket regardless of supply, add on token burn and the sky's the limit.

[Anonymous No.6239288]

>>6238847
>>6239070
>>6239131
So despite the supply you guys think that in a couple years this could enter the ranks of the 100$+ value coins?

[Anonymous No.6239335]

>>6239288
Adding token burn, and real world adoption, and the amount of FOMO in this market its a possibility.

[Anonymous No.6239388]

>>6239288
Absolutely
But the trick to all of it is adoption
I have faith that Y Combinator and the team behind REQ can do the marketing necessary to achieve this

[Anonymous No.6239487]

>>6238524

I survived 2014.

Ignored ETH at my own peril.

I'm not going to ignore REQ.

[Anonymous No.6239522]

>>6239335
>>6239388
How much REQ would you say is reasonable to accumulate at this time?

[Anonymous No.6239530]

>>6235434
>5 Req withdrawal fee in a couple months
$50 withdrawal fee? Fucking hell!

[Anonymous No.6239560]

>>6235596
>>6238583
Direct competitor to REQ

[Anonymous No.6239591]

>>6239388
>marketing

Just an example of this REQ team said they would focus on growing their reddit community within 2 weeks. It is now at ~26,000 members and is bigger than the RIPPLE subreddit.

I think the REQ team will be able to very effectively market their product in the future. Just hold until mainnet release people. Take a break from coinmarketcap and blockfolio and you'll see large gains in the future

[Anonymous No.6239605]

>>6239288
Yes. If you decide to buy, or have already bought; forget about the price tomorrow, next week and next month. Just hold on to them for a year or two.

90% of the other hyped cryptos for short term gains are scratch-off cards with instant gratification. REQ and a few others are golden lottery tickets, in which the draw is 6-12 months from now, and you have a 80-90% chance of winning the jackpot.

[Anonymous No.6239661]

>>6239522
1k

[Bert No.6239711]

Easy 10 USD coin

[Anonymous No.6239721]

>>6239560
It's a centralized piece of shit.

[Anonymous No.6240082]

>>6239522
It depends on how much you have to work with
I would definitely accumulate as much as possible before the biweekly update on the 19th but I don't know how the whales will behave between now and then

[Anonymous No.6240252]

>>6239605
>>6239661
>>6240082
I currently have 1200.
I'm hoping in the long term to cash out enough to toss in a mutual/index for yearly interest gains.
Should I accumulate more? 2k? 4k?

Sorry for all the questions, you guys have been very helpful.

[Anonymous No.6240448]

>>6235596
>utrust
lmao looks like monetha 2.0

how is REQ only at 500m while this shit is at 400m?

>no product until Q3
>promising merchants as a part of the roadmap
lmao

[Anonymous No.6240501]

>>6240252
>a mutual/index for yearly interest gains.

The stock market is in a HUGE bubble right now that is also about to burst any moment so be careful with that. It's better to handpick stocks that are undervalued right now instead of going into ETF/indexes.

Accumulating REQ is a smart move right now as it's not likely to ho lower than this ever again.

[Anonymous No.6240579]

>>6240252
Barring new absurd government regulations or a total market crash(lol) I see this coin reaching $100+ in 2019-2020
I also believe this coin wont go below $1.00 again after the 19th
I might just be overly-optimistic so take it with a hefty grain of salt before investing more

In short read the white papers and do as much of your own research as possible

[Anonymous No.6240604]

>>6240252
>>6240501

A better alternative would be to run Chainlink nodes and live off the rewards for the rest of your life ;)

[Anonymous No.6240610]

thanks guys I plan on gets 1k now.

[Anonymous No.6240705]

>>6240579
It always annoys me when people say >DYOR without providing a resource so I'll add this to my post:
https://request.network/#/

[Anonymous No.6240900]

>>6240705

i'll add one as well
https://www.google.com

[Anonymous No.6241014]

>>6240604
This assumes the cryptocurrency market won't crash and I'm 100% sure that it will crash. Doesn't mean it won't recover though. Just that 90% of coins will die and the majority of the value of coins that will survive will be erased in the short term.

I don't know when that will happen. Might be 2019 or 2021 but it will happen. This bubble is almost exactly the same as the dot-com bubble. Even in the slogans people use and how people behave on /biz/ reminds me of 1999.

[Anonymous No.6241282]

>>6241014
why do you think it is going to crash so soon? Dont forget this is a world wide bubble, not just the US. It has to be a super massive bubble to pop

[Anonymous No.6241396]

>>6238524
REQ is the first coin ive invested in. Bought 3300 at .20. Not a bad choice at all.

[Anonymous No.6241633]

>>6241396
first coin i really pushed assets into

[Anonymous No.6241901]

>>6241633

Me too. Having 200k in REQ, comfy as fuck. This, LINK and AST together will allow me to retire within 2 years with a networth of 10m+

[Anonymous No.6241956]

>>6241633
>>6241901

hell, REQ alone might do it

[Anonymous No.6241992]

do something

[Anonymous No.6242048]

>>6241956
>>6241901
I have in between 4000-5000 will i be able to not work much if i invest right? Also 100 dollars EoY

[Anonymous No.6242461]

Bump. Shamefur dispray

[Anonymous No.6242801]

>>6242461

Depends on where you live and your standard of living. If you live in the US and have at least 5 figures invested in crypto, given where we're at, if we even reach dotcom bubble scale then chances of you making it is still pretty high

[Anonymous No.6243374]

>>6241901
>implying the bubble won't pop by then

[Anonymous No.6243947]

80k request will I make it :(

[Anonymous No.6244261]

Would someone with 25k REQ

Be able to get that Honda Civic retirement w/ modest 135k house

[Anonymous No.6244588]

>>6243947
Hell yes.

[Anonymous No.6244659]

>>6236653
I own almost 8k tokens between link and req, what should I know about qsp and enigma? I'm trying to hit a milestone of 15k link and I'm need a way to flip enough money to make it there. I haven't heard of qsp shilled alongside req and link, so I'm curious. Enigma bc we're already talking so why not : ).

[Anonymous No.6244978]

>>6241282
Not really. All it takes is for the people with the largest amount of money in the system to start a panic selloff.

[Anonymous No.6245215]

>>6244978

Those by definition are just corrections. We've seen them many times throughout the past 9 years. A true bubble is going to be much more massive in scale, unpredictable & uncontrollable. For crypto we're talking about a worldwide phenomenon and it's going to be the biggest bubble of our lifetime.

It'll be a while until we get there, and we'll certainly see a few big market corrections in between