Do you think it is a good idea to take a loan on aave with 2k links as a collateral and buy 500k eRSDL...

Do you think it is a good idea to take a loan on aave with 2k links as a collateral and buy 500k eRSDL? Have you ever been liquidated on aave?
I really believe in eRSDL mid/long-term and I want to buy at least 500k suicide stack but I don't want to sell my precious links also because 1000eoy is not a meme. What do you think anons?

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Is it me or ersdl is starting to look like what happened to buidl this past summer...

I have only heard rumors and can't confirm anything. What did happen do buidl this past summer fren?

>cleans up b2b lending FOR FREE

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this picture always reminds me of Vinceborg from Barkley Gaiden

Well
>buidl was bought for mere cents by early buyers
> heavily shilled this summer with numerous threads getting 100+ replies, price reached $4-5
>The next day, it collapses
>barely anyone talks about it
>has been bleeding eversince, and created an army of newfag bagholders

people need to understand that eRSDL literally DOES NOT have a product yet.
Howard is still talking to people to define the actual problem they are attempting to address, that is how early in the development process it is.

I suspect it will take several more months to actually build a product, and then a few months to test it before businesses feel comfortable using it (the current roadmap is way to ambitious imo). I'm a software engineer at a FANG company on a team with several other great engineers, and we build using some of the best eng tools in the industry, and we STILL miss deadlines often.

There is simply no way eRSDL will have an actual working product inside of 6 months. The most likely scenario is Howard spends the next few months defining the problem and hiring solidity devs (which there is an extremely short supply of decent ones), continues to update progress on talks in telegram, the price stagnates for a while and people get frustrated as BTC/ETH/ALTS are mooning left and right, and eRSDL underperforms in sats/eth value for 3-4 quarters.

I just don't feel like waiting that long, especially with deco/tsigs going live by q1 2020 and PoS/layer2 solutions starting to gain momentum

what's the story with this guy. Is he a janny?

>Do you think it is a good idea to take a loan
shlomo, plz

and what similarities do you observe between what you wrote and eRSDL? I think unfederal has much stronger fundamentals and is being led by a competent jew boomer with a lot of banking ties. Can't get anymore bullish on a small cap than that.

nice pasta
oh you uncovered me, i'm going back to my jew cave now

This could be a great idea. Risky but High risks high rewards

I wouldnt say its that risky at all.
Once they get more cex' and banks involved the price will increase exponentially.
Howie said in TG hes meeting with a bank on the 10th.

Frens what happened to the unofficial ersdl telegram?

This was a great FUD lmao, dropped the price quite a bit. Accumulated more

good job, you caught us, next time we will shill more subtly

I am going to do it guise, wish me luck

If it reaches 2 dollars I will be long gone ahahaha

What defi platforms do you choose? Can you recommend any good one profitable?

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I am using aave. It is the only one with an option for using link as colateral as far as I know. Just be careful with you health factor, liquidation is your worst enemy.

If it reaches 2 dollars I am retiring as a land lord

Why is nobody talking about staking? The returns are crazy right now, about 350% APY.

Poorfags don’t have enough to stake and whales are swinging

Apparently got nuked lel

im farming like 5k ersdl a day, feels fucking good

Based howie, take us to the moon you blessed boomer

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Aren't you scared of the impermenance loss?

Link is pretty stable and if you keep your loan at 50% I think it's unlikely you get liquidated.

That said I wouldn't buy ERSDL. If you wanna gamble you might wanna buy something that actually pumps like

Upon glancing at the buidl website, I don't see much similarity. Both may have enthusiastic communities, however, as mentioned they have very different fundamentals.

These are good points, but what are PoS/layer2 solutions? Do they compete with eRSDL?