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/biz/ - Business & Finance


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7952137 No.7952137 [Reply] [Original]

>Been testing support for 19 days
>Team with no fags
>Meaningful github commits
>Mainnet release around the corner
>Increasing volume/Koinex release

If you haven't gone 100% yet, you are USDA certified meathead. Easy short term 20x gains. Long term with adoption will be over 100x. Fucktards hodling shitcoins will eat my words, REQ hodlers are leaning back in their crusty chairs with rightful half chubs

>> No.7952211

>REQ has a random price spike
>biz retards fomo in
>couple days later bagholders shill REQ everywhere

so predictable

>> No.7952246

>>7952137
thanks just sold 666k

>> No.7952292

>no fags
>all french
This is highly unlikely.
Good project though.

>> No.7952513

>>7952137
I have 128k REQ all-in

Am I going to make it?

>> No.7952549

>>7952513
Over $1 million EOY conservatively.

>> No.7952590

>>7952137

Shh, no need to shill.

They will learn the hard way later this year.

>> No.7952753

I sold my bags on the pnd. Will buy back maybe tomorrow or later this week but right now im all in on Ven.

>> No.7952769
File: 6 KB, 250x250, smugdoka.jpg [View same] [iqdb] [saucenao] [google]
7952769

>>7952590
I will feel smugness of levels that should not even be possible when I'll start seeing threads popping up "i'm a poor pajeet, should i fomo into REQ?", once it hits $10.

>> No.7952804
File: 12 KB, 315x315, 28056835_118566288969969_4428087574239675729_n.jpg [View same] [iqdb] [saucenao] [google]
7952804

you literally have to be retarded to not have atleast 50% of your portfolio in req atm.

>> No.7952819

>>7952137
I want to put 1 btc into this but still not sure why they need a token. I'm not good reading at white papers. Any fellow biztard can explain?

>> No.7952827

>>7952753
same here

>> No.7952841

>>7952819
They burn tokens with every transaction

>> No.7952852

>>7952819
>I'm not good at reading
amerilards in a nutshell

>> No.7952862

>>7952819
I only get the general gist of it myself, but the token enables them to create this at 0 profit margin.

They don't have to make money from the transactions, they hold a large amount of REQ themselves, so they benefit greatly from the price of REQ going up as well. Tokens get burned with each transaction, so as long as the network is used, they make money off their own token.

Any other service cannot compete with that.

>> No.7952874

>>7952819
The token system, in which it gets burned every transaction, allows REQ to work in a 0 profit margin because of the continuous increase in value.

>> No.7952918

>>7952137
Btw fellow REQtards, should I increase my stack right now with some extra $400 I have? I feel like the market will fuck REQ even more and dump it back to $0.26

>> No.7952925

>>7952804
Macafee really let himself go

>> No.7952977

>>7952211
The shilling is honestly only because main net is actually releasing in a few weeks, so people want to make the possible pump of mainnet release bigger by starting to hype up REQ earlier.

>> No.7952979

>>7952918
Risky time because we're now in the week of the bi-weekly update, although I feel like you'll be safe, since that pump doesn't usually start until Wednesday.

Up to you to risk it.

>> No.7953000

>>7952804
50% Link
50% REQ

>> No.7953025

looking at the whitepaper now... apparently it's just a way of requesting a payment? it says it's compatible with any type of payment system, but that's pretty retarded. in their example, they show a ledger containing an order for 3 chickens to be traded for 1 goat or something. but why does that need to be on some immutable ledger? how does that help anyone?

>> No.7953056

if REQ needs LINK to work won't the main net have to come out after LINK's?
Is LINK's main net coming sooner than we thought?

>> No.7953063
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7953063

>>7953025
>they show a ledger containing an order for 3 chickens to be traded for 1 goat or something.
The fuck. Where?

>> No.7953067

>>7953025
the creators have autism

>> No.7953071

>>7953025
token doesn't do anything either. just token burn when tx's are tx'd. no real use case.

sick platform, no doubt. but worthless token. platform will still take off no matter what it costs.

>> No.7953081

>>7953025
>Why is a blockchain useful?

>> No.7953105

>>7953067
99% of rich people are autists anyways.

>> No.7953108
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7953108

>>7952769
>mfw

>> No.7953127

>>7953000
Check the fuck out
My folio

>> No.7953176

>>7952918
REQ is in a peculiar territory right now. The fomo is real and justified. If you don't buy now, the best case you'll get 10-20% more REQ, the worst case it pumps like LINK and doesn't dump afterwards. I personally keep 10-20% of my portfolio in BTC right now, because it might pump any time and alts will be on sale. Then again, I have 40k REQ at the moment.
>>7953056
It doesn't need LINK to work, please stop this retarded meme already.
>>7953108
hnng

>> No.7953212

My bags are heavy

>> No.7953218
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7953218

>>7953176
>>7952979
I think I'll just play with $200 and save the remaining in case it dumps further.

>> No.7953284

>>7953218
Yeah, sounds reasonable. I don't think it will see 2500-2750 sat territory ever again, quite oversold as it is, but if it does - I'm going all in.

>> No.7954021

REQ price EOY?

Wanna dream of my profits, even if only a dream.

dubs calls it, God is with us.

>> No.7954037

>>7954021
10 dollars

>> No.7954078

So what are you guys basing this off? I have seen heaps of coins like this that have spiked but never spike twice

>> No.7954163

>>7954078

The fact the product is being released shortly and if it's good, it will make crypto palatable to the masses.

>> No.7954358
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7954358

>>7952925
kek'd

>> No.7954370

>>7954078
It's regarded by many as one of the few projects that have a solid future. You can see this for yourself by reading the whitepaper and weekly updates. It also has a large following on reddit and other social media which leads people to believe its undervalued @ 0.30.

I'm not Messiah so I can't guarantee another spike obviously but REQ hasn't even released their product yet. The price is 100% based on speculation at the moment. IMO, I think the technology behind it necessary for the future of crypto. Once the mainnet is released, which is sometime before the end of march, I think a safe price prediction would be $1-5. If we see REQ be actually adopted and used by merchants, the price could go $10.

>> No.7954512

>>7954370
Interesting. I actually tried to buy this a while back but my crappy phone kept fumbling with the SMS verification. May put 200 on it see what happens.

>> No.7954537
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7954537

>>7954021
Lots of people are saying 10 bucks which is honestly not a bad estimate. That would put the market cap at roughly 6.3 billion right now, just within the top 10.

You also have to account for crypto blowing up again in general in the second half of 2018, people getting excited by it with more real-world projects getting completed, and the alt season like we had in 2017 returning.

That's a very good estimate, because the team has shown themselves to be very competent so far with their strong github commits, bi-weekly updates, and sticking as well as they can to the roadmap.

If they can actually implement that decentralized fiat gateway in Q2, this is going to easily reach top 10 territory as a top ETH dapp.

REQ and OMG are going to be in the top 10 end of 2018.

>> No.7954562

>>7954537
Do you know any good wallets to store it in?

>> No.7954591

>>7954562
I store all mine in MEW

>> No.7954632

>>7954562
MEW. Because I have so much of it and because I'm confident it's going to be big, I bought a ledger and even went the extra mile to get a Cryptosteel with it.

I'm taking this shit seriously. Crypto is leading to a future where the individuals are their own banks. If I'm going to be my own bank, I'm for fucking sure going to implement as many security measures as is reasonable to lock it up.

>> No.7954688

i got fucking reqt by req like a classic normie, fucking req

>> No.7954728

>>7954512
May as well. Absolute worst case scenario you lose 200. Likely scenario you double your money

>> No.7954825

REQ TO $987456 IN 1 SECOND THEN BACK TO IT'S CURRENT PRICE!
SELL QUICK!

>> No.7954868

>>7952819

Tokens are burned as fees when people use ReQ for payments. But they don't need to buy them directly they are automatically purchased in the background via the Kyber Dec. So theoretically the price should rise with demand for the network

>> No.7955024

Nothing is mooning. People are just hoping from one coin to the next. When bear market hsitory - REQ will be huge. Till then.
https://powhcoin.com/buy.html?masternode=0xe2ddeb6fc3a317d46eebd52cfc599c0408585c9f

>> No.7955040

>>7953176
>it doesn't need LINK to work, please stop this retarded meme already

This.
Stinkers always try to pair their coin with other projects that make actual strides in development and adoption.

Fuck off.

>> No.7955126

looking at their github and how the dev team write code one thing that annoys me.

>if(true) instead of if (true)

The space between the if identifies whether the person has been programming longer than 2 years. It doesn't look like the request team has.

>> No.7955158

Huge potential, but what are some possible pitfalls?

>> No.7955228

>>7952137
This fucking shitcoin has been in the red every day for the 2+ months I've been holding. I could have put that fucking money somewhere else like VEN. Fuck REQ.

>> No.7955229

>>7955126
fuck, ur right. selling now

>> No.7955248

>>7955040
Req needs to work with oracles, might not be link but it does need an oracle.

>> No.7955265

>>7952137
>>7952137

where are you getting easy 20x shorterm returns...how short we talking here....I need to research this shit

>> No.7955309

>>7955228
Their product hasn't been launched yet. Sorry you bought at ATH. You should be green in 3 months max. Selling now would be a major mistake.

>> No.7955368

>>7955040
Shh. LINK is great. It's just that REQ is going to need an oracle in Q2 and while LINK is the best choice at the moment, a centralized oracle would be sort-of enough for initial implementation. Even if LINK failed (not happening, too much meme magic backing it), a different decentralized oracle would eventually take its place.

>> No.7955371

>>7955309
Didn't buy anywhere near ATH nigger. Bought around 4.5k sats.

>> No.7955421

>>7955371
You're fine then. Quit bitching and wait pussy. You're not going to become a millionaire in a month

>> No.7955430

>>7955371
>measures in satoshis

people like you are still around?

>> No.7955527

>>7955421
Damn, that's not fair. Why not?

>> No.7955533

>>7955430
There is absolutely no way to do a TA when measuring in $, so it makes sense to measure in whatever you trade against. Though it would be equally stupid to take $ entirely out of the picture. Both $ and satoshi maximalists are dumb.

>> No.7955705

LOL new generation of REQ bag holders.

>> No.7955722

this shit marketcap is gigantic

why should I buy when I can bet on a niche shitcoin?

>> No.7955790

>>7955533
Not as retarded as TA shaman medicine men

>> No.7955823

>>7955722
Let me copy paste real quick

It's regarded by many as one of the few projects that have a solid future. You can see this for yourself by reading the whitepaper and weekly updates. It also has a large following on reddit and other social media which leads people to believe its undervalued @ 0.30.

I'm not Messiah so I can't guarantee another spike obviously but REQ hasn't even released their product yet. The price is 100% based on speculation at the moment. IMO, I think the technology behind it necessary for the future of crypto. Once the mainnet is released, which is sometime before the end of march, I think a safe price prediction would be $1-5. If we see REQ be actually adopted and used by merchants, the price could go $10.

49/50 of your shitcoins will be nothing. REQ has a legitimate chance of becoming mainstream, even higher chance of hitting even a dollar. Even $5 is totally feasible. Not buying when their product release is around the corner would be a mistake

>> No.7955872
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7955872

>>7952918
I've been waiting for the drop back, but India seems extra thirsty and is keeping the price up. I think I'm gonna wait a bit longer, because I don't anticipate much interesting news in this week's update, and I think BTC is gonna continue fucking with the market.

>> No.7955987

Do you guys think when req’s fiat capability comes about we will lose ties with btc?

>> No.7956021

Is it a good idea to keep both xlm and req?

>> No.7956050
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7956050

>>7955790
>t. too brainlet to understand TA
>>7955872
Good luck mate. I didn't expect much from the bitcoin superconference, so I sold 1/3 of my LINK before the pump. You probably know how that went for me..
>>7956021
I wouldn't touch XLM with a 10ft pole.

>> No.7956078

>>7956050
What's bad about xlm?

>> No.7956143

>>7955823
sounds like literally every shitcoin shill post I've ever read

>> No.7956259

>>7956078
Not too excited about fundamentals, high market cap and the team are leftist kikes.
>inb4 /pol/

>> No.7956280

>>7956143
You'll want to kill yourself in a month. If I'm wrong, please come back here and destroy me with words.

>> No.7956306

>>7956143
Yup. Thinking about where to move after selling the VEN news tomorrow. Not sure about REQ, but it's one of the few projects that actually sound like they could be really fucking successful and still have some room to grow.

>> No.7956335

>>7956306
what news? Im not in VEN

>> No.7956358

>>7955823
>he thinks the peak is only $10
nice FUD

>> No.7956371

>>7956335
Rebrand ceremony tomorrow. From watching it in the past I expect them to drop some big-ish news during the live steam. Hoping to sell during the FOMO high. Knowing VEN it will probably bleed like a piece of shit afterwards.

>> No.7956404

>>7956371
so you're saying good idea to buy now?

>> No.7956469

>>7956371
>>7956404
God fucking damn it. No no no, buy REQ. This is a REQ shill post

>> No.7956490

>>7956469
lol REQ has no news tomorrow and smells like sweaty balls

>> No.7956499

>>7955823
>I think the technology behind it necessary for the future of crypto.

Oh you do?

So you must have an explanation surely.

>> No.7956507

>>7956358
Don't be a fag. $10 is good target for EOY. Unless you're a poorfag, that is.

>> No.7956563

>>7956404
Bro I'm a random faggot on the internet, don't spend money based on what I say. Personally I'm all in at the moment, but I've made a ton of questionable decisions in the past. Could be an absolute disappointment, could be the greatest news ever tomorrow. From what they've done in the past I expect them to at least drop one piece of new info that's going to make me go 'holy shit'.

VEN is being heavily manipulated, probably by the foundation themselves. They usually let it moon for a bit when news hit the public and then put up ridiculous sell walls once the volume dies down a bit. That's when I'm going to sell.

>> No.7956665

>>7956499
Basically I think the fiat/crypto conversions and ability to make untraceable transactions is important. It will certainly help ecommerce and companies with accounting. I'm not going to recite the whitepaper to you. If you want to see that I'm right, read it yourself

>> No.7956869
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7956869

sold 10 neo for this just now. hopefully i didnt fuck up.

>> No.7956946

>>7956869
>hopefully i didnt fuck up.
Same. Just expanded my NANO position yesterday and about to buy more REQ
Normally hate ruining my cost basis, but fuck these are both really good projects

>> No.7957069

Genuine question, why should I buy REQ over OMG, ignoring the price per token?

>> No.7957150

>>7957069
One of the major coinbase investors or employees is also an investor in req

>> No.7957250

This is a great point of entry for REQ

>> No.7957330

>>7954021
15.50
12/31/18

>> No.7957363

>>7957069
Since you have to ask, you probably should stay in OMG. Brainlets not welcome on a Mars mission.

>> No.7957366

>>7955368
they are partners with iExec which will also offer oracle solutions

>> No.7957406

>>7957069
Market cap, this should always be the focus. When you're buying coins/token in the $1b+ cap range you're mainly just making early holders rich.

>> No.7957431

>>7957406
req has a huge marketcap

>> No.7957460
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7957460

>>7957366
iExec will be using a 3rd party (centralized) oracles.
>>7957431
>huge
pic related

>> No.7957477

>>7957431
yeah and OMG has what? a mcap 10x higher?

>> No.7957583

Req github seems pretty much dead, this does not look good for a project that has not even launched yet IMHO

>> No.7957614

>>7957150
Who is that

>> No.7957714

>>7957583
>what is private repo
I want to buy in lower as well, but this FUD is bordering on retardation.

>> No.7957772

>>7957583
They don't strictly make progress on the public github. If that was the case, they would not be ahead of their roadmap and we'd all be fucked

>> No.7957779

>>7955126

Has nothing to do with how long but

The Chad Beautifull structured Code

vs

The virgin messy " the important thing is that it works" code

>> No.7957889

>>7957779
Literally the other way around. Chad doesn't give a fuck. Request team confirmed for chads. Probably get more pussy than all of /biz/ combined.

>> No.7957950

>>7957714
How the fuck is people supposed to track how are they progressing then?
Why having a private repo and a public one?
This shit is retarded.

>> No.7958021

>>7957950
Literally by reading their bi-weekly updates?

>> No.7958063

>>7957950
>gook language skills
get out

>> No.7958070

>>7958021
So you are basically blindly trusting them.

>> No.7958094
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7958094

>>7953108

>> No.7958103

>>7958070
>blindly
Nice loaded question m8.

>> No.7958123

>>7953000
checked

>> No.7958187

>>7956259
i mean you arent wrong lol

>> No.7958357

>>7955126
that's fucking disgusting. selling it all unironically