Just bought 20k SCAMTERA tokens

I hate money.

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Good on you friend.

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based and gonna make it pilled

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Haha, picture hitting em feels

What's so good about this coin?

You're about to experience either heaven or hell - there's no in-between.

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Btw if you can convince me, I am ready to put like 5000 dollars on it

It took me a few weeks to get it so don't worry. But as the one user here said once you get it you REALLY get it.

Essentially STA is inserted into a liquidity pool. The balancer keeps the liquidity pool in perfect balanced ratio. So if one of the tokens go up, it will sell that token to buy the others so that the growth is steady. So you believe in crypto to succeed then you believe in STA to grow. Also, everytime STA is involved in a transaction (sold/bought/ratio corrected by the balancer) it will burn 1% of that STA, creating deflation and more volume. Now if the demand remains the same or grows, price WILL increase due to deflation. Any of the balancing creates volume which creates more fees.

But what if STA dies and has no volume you say? It does not matter, because the Statera involved in the pool means that volume is also counted for everything else in the pool, so eth btc link snx. Do you really think these will have no volume?

As pool integrations grow, so do arbing opportunities creating more opportunities and more volume -> burn + fees. You could literally be the only one running the pool and get enormous returns. That's why many of the top wallets are buying more. Because if STA goes up in price, the APY from the pool will be absolutely insane. It's not a regular hold and sell.

Of course there is much more to this, but this is the basic idea.

It's a self-perpetuating monster that is designed for the sole purpose of generating wealth for the holder. Read the first few pages of the whitepaper, ponder it, and when it clicks your face will melt.

If more people buy, and you are pooling, and the APY increases.. isn't this an invitation for whales to eternally dump and get richer..?

I don't see how a normal person can win, only the mighty whales win in this one..? am I wrong

I'm the "one user" in this copy-pasta btw. Heed the call.

If the price of STA dumps then everyone pooling will automatically buy it, as this is the function of Balancer. So it makes it very difficult for whales to dump the price down once there is adoption.

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>As pool integrations grow, so do arbing opportunities creating more opportunities and more volume -> burn + fees. You could literally be the only one running the pool and get enormous returns. That's why many of the top wallets are buying more. Because if STA goes up in price, the APY from the pool will be absolutely insane. It's not a regular hold and sell.
This should be all you need to know
Seeing as how you can practically become a dolphin right now.
I wouldn't sit around thinking on it too long.
These prices will not stick around long.

I have a thing for schizos, because I am one myself.

Now.. tell me, how much do I need to be a dolphin and secondly, if I do buy, should I HODL or use this pool thing you're talking about?

>I hate money.

No need to state the obvious, we can all read the thread title.

Tokens with usecase half as useful as Statera’s will see market caps in 100s of millions. Statera is a solid small cap project that relatively many people know that benefits much more from the main tokens going up than a typical low cap. Couple this with the upcoming update and marketing push I would say Statera is one of the best projects under $10M market cap to invest in in a bull run. Especially now that it’s going down you’ll get a considerably sized bag for pretty cheap.

100k will get you far. It seems the consensus is we'll all be pooling in the $1.00-$1.38 range. Until then we're hodling STA and strapping in for the ride up.

133k stack would make you a top 100 holder.
Whale status next year.
$5k usd gets you that right now.
Whether you want to DCA in to it over the next week or so is up to you.
Many are not pooling STA right now as impermanent loss becomes a problem.
>youtube.com/watch?v=8XJ1MSTEuU0

I am just sooooo damn confused why it dumped so hard. There has to be something to it. Why did it crash like this if it was so good? AHHHH it makes no sense. Anyone wanna be honest about this dump to me?

Thx anons

The characteristics of the pool that make it "dump-proof" are only present once we have a decent amount of adoption. Until then STA's price is subject to the traditional forces of supply vs. demand.

We've experienced a pump and dump, it's as simple as that. Once enough people are pooling however (again, $1.00-$1.38 range), this thing is going to snowball.

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There’s a top wallet that is obviously bored of waiting the news dumping and that’s causing smaller holders to sell in panic.

The team has finally given an ETA for the current update so I don’t quite understand the point of dumping at the moment. It’s probably the biggest thing for STA since the previous pump and the price is guaranteed to go up.

Some top wallets have been selling for other "hype" projects. (CORE/KP3R)
They will be back though.
And of course there are those that bought BTC/ETH in hopes we have another run like 2017.
When alts start pumping again, STA will take off.

etherscan.io/tx/0x756ccd5476619ade5bfcd50a9430f4ea0fc0bab030d2e3a8f868f814a1cb5369

I hope I made a high IQ play here. Don't fail me anons. I'll add another 50k if it dumps to 3 cents.

Just noticed it swiped 1000 from me (guess thats the burn?)

Well done user.
>Just noticed it swiped 1000 from me (guess thats the burn?)
Yes sir, EACH transaction incurs a 1% burn. So even sending to another wallet will burn more STA.
Truly is beautiful, isn't it?

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I hope it pays out but it will be a rough month or so. The 1000 is indeed the burn in action.

I’m a top 30 coping bagholder myself and don’t see a point in selling this low (even though I’m still in the green) so just letting it ride. Luckily my other bag is doing alright.

I always side with the schizos of Zig Forums so hopefully this one works out. When do you expect the good news to roll in if the next months supposed to be rough?

nice abstract blepe

Pretty based, not gonna lie. Be prepared for this to not the the bottom though. Regardless, your entry price is excellent.

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>Not the bottom

How low can it go? It looked bottomed as shit to me from the graph

Well I think they are getting pretty close so I would say within a month we start seeing some proper actions. One of the admins estimated we will get something on the table before dec but that’s not official.

Its basically an index fund that loses you money, insane right?

Good news/updates are said to be coming in December some time.
I personally could care less though, while a dashboard would be nice, crabbing works out nicely with my investment style.
Bottom is 0 cents of course, but if you look pre 40 cent pump levels, I don't see us ever touching 1 or 2 cents again.
There are many like you and I just waiting with fiat to scoop up huge bags of STA.
Those that know the possibilities and future power of pooling - know.

How does one expect this to pump again? What's the strategy?

Thank you sir.
Correct.
I am calling the local bottom here. 4 cents is an AMAING entry.

So the linkies became sta-junkies

FOMO avalanche.
Volume works wonders with STA.

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waiting for this shit to start pumping again so I can swing back in
>t. sold my stack at the last top and put it all in PNK and as of yesterday CP3R

Uh.. so whos gonna be the first mover then..? Like someone has to light the fire......

Wait are you supposed to buy this when it pumps? I am confused now...

Stop flooding the board with your shills no one cares about your bleeding bags
Because updates keep getting delayed and whales are selling. They have insider info so that’s a very bad sign