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

/biz/ - Business & Finance

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9439374 No.9439374 [Reply] [Original]

I'm going to give you a quick pro and contra list on PayFair since most PFR threads on /biz/ are made by the same TG shills.

I researched this because the price almost retraced to the ATL and a buying opportunity seemed apparent.

Pros:
>low mcap
>low total supply
>working product

Cons:
>inexperienced (and unqualified?) team
>bad working product
>product already worked on by multi-billion dollar companies
>no users/no traffic
>horrible website
>devs ran out of funds (no money for new exchange or marketing)
>already 20x ICO price
>already PnD'd
>useless token
>nodes designed like ponzi scheme
>confido 2.0?

Overall I decided not to invest and I wouldn't recommend anyone to.
The 2-3 TG guys will soon be here and you can watch their terrible marketing crew in action.

>> No.9439563

>>9439374
2 trust node holder here
I agree with most of this, especially the platform being lack luster
Though my only comment would be to not count the team out bc they’re a bunch of no names. They have proven to be hard working and responsive

I think if you picked these up when they were less than 4 cents, they’re worth holding onto
But right now the project seems to be on a knife’s edge of which way it will fall

>> No.9439594

buy my bags goyim

>> No.9439782

>>9439563
Exactly what I was thinking. If this drops back to 3-4 cents it's gives a decent risk/reward ratio.

>> No.9439824

hahaha, tf you guys talking about?

A good page costs 2000$ AT MOST - You think they dont have it?.
They raised 50k $ within 2 hours for a listing but the community decided that HitBTC should not be the next exchange.

Next listing will be most likely bibox and will shoot this thing to the moon.

p.s.: The devs actually have a very good working approach. They want to present a bug-free working product before they enter the marketing aspect.

>> No.9439850

is this some kind of reverse shill lol

>> No.9439901

>PayFair is the fiat-crypto exchange of tomorrow.
Eventually all banks inevitably will block all transactions to exchanges because it's not in their interests to allow this (we're already seeing this in USA and Canada).
If you can't use exchanges, you can only buy crypto for fiat p2p. And Payfair is an escrow solution for that.
>What could go wrong?
A copy-pasta could show up with better marketing.
Eventually governments will try to make you explain all of your bank transactions.

>> No.9440047

>>9439374

You have to stop the exact same FUD. You keep saying the same shit. You are exposed.

These lies will be apparent once users with poor fiat gateways will use the platform (like Indians, they just added their currency).

This will easily be $1.00 by summer.

Your arguments are all the exact same and have no gravity. The site is actually great and the dev team is extremely responsive. They actually listen to the community.

Kill yourself. You keep posting the exact same thing. You can't drive down the price anymore. You are exposed.

>> No.9440808

>>9439374
>>product already worked on by multi-billion dollar companies
Like who?

>> No.9440891

>>9440047
If the site is so great, why has only like 50k worth of transactions occurred in the month it has been launched?
Why didn't they get a working product and hype it before launch?
Currently they have a buggy product nobody knows about and a coin that is bleeding out the ass that's tied to it, which gives further impression of behind a failure.
First mover is a good thing, but only if the product is of high quality. Otherwise, local coin swap or whatever other competitors are out there will btfo this project.
Great idea, horrible, horrible execution.

>> No.9441173
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9441173

>>9440891
Unironically this.

>tfw you log into your trust node profile and see that the only transaction in the last 24 hours was a sale of 1.2 ETH.
>tfw that's actually high volume for this platform

>> No.9441299
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9441299

>>9439374
token price was already below the "heavily discounted" price of the crowdfund i want my ETH back REEEEEEE

>> No.9441409
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9441409

>>9440891
>>9441173
>>9441299

>site launched two weeks ago
>not an instant success as fiat pairings slowing being added
>fixing bug fixes
>not marketing as waiting for site to be perfect from bugs
>getting listed on exchanges

Unironically kill yourselves. You are missing the point here. You moonboys are so impatient that you can't see they are making all the right long term moves.

Fomo in at $1.00 like I know you biz faggots will.

>yfw

>> No.9441453

>>9440808
FairX, REQ, not to talk about the real banks and finance institutes...

>> No.9441482

>>9441409
Even if this reaches 1$ it will be by dumb luck. The fundamentals of this project are all terrible. Nothing smart investors would look at a second time.

>> No.9441494
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9441494

>>9441409
>defends launching an incomplete and buggy product
>'fixing bug fixes'
i guess they fucked up their fixes the first time? not surprised.
first mover advantage is only real if your product is worth a shit and people are excited about it.
>thinks a node will be worth $10,000
>see you in 2028

>> No.9441611

I honestly wish these fags would choose bibox, but unfortunately, they are going to choose some shitty literally who exchange, which will honestly just cement that this is a doomed project.

>> No.9441791

>>9441409
goddamn it, this is the most stupid reply i've read in weeks, sucks to know PFR holders are that dumb.... i should've never bought into this

>> No.9441794

>>9441482
>>9441494
>>9441611

You all have the same writing style I see in all the Payfair FUD threads. I know there's a group on discord trying to FUD down the price to $0.03.

You moonboys aren't going to win.

>> No.9441880

>>9439374
Cheers to (You), OP. Fuck these Pajeet shills.

>> No.9441903

>>9441794
I bet you still hold coss too

but i-i-it'll moon with fiat, right guys?
>25% dip

>> No.9442054

>>9441794
Yup it's all a conspiracy.
We all want to FUD this overlooked gold nugget because /biz/ dictates price actions. Nobody ever gives honest opinions. You figured it all out genius.

>> No.9442118

>>9441794
How is what I said FUD? They only raised 50k to get on an exchange, there's no way they're going to afford Bibox. They're going to end up choosing a dog shit exchange because that's all they can afford. These fags literally have NO MONEY. How could that ever be seen as a positive?

>> No.9442375

>>9441903

Coss has KYC which makes it a shitcoin. Payfair has no kyc because it's not an exchange, it's peer to peer.

>>9442118

They raised 50k in two hours retard. They could've raised 250k to get on binance if they wanted.

They have the funds to do it, but they will not dump their coins because this team is great. That literally means nothing.

Keep the FUD coming boys. It fucking sustains me. All this no basis FUD is amazing