REQ

Lol I guess you never heard of the thousands of social media sites that existed before face book. Just another case of something better coming along

Social media aren't the same as payment networks you fucking brainlet

Alsp people aren't going to be leaving a trusted service like PayPal that has been around for almost two decades for some shanty payment network that wouldn't even be able to revert transactions or have a fraud protection system as complicated as paypals.

Someone please just close this thread before this faggot ends up in China from the whole he is digging for himself.

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Nice argument. Your shitcoin is going to 10 cents soon when bitcoin dumps like I called it on Jan 21.

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Seek help

Good argument

I btfo'd all the REQ shits

So you're stating that the whole market is going to take another dump and REQ with it?!
Oh my, how illuminated you are!!!
>REQ dumps in a bearmarket!! What a shitcoin!!!
Seriously, I wish there was a way of banning pre-18 year olds from biz

So they ran an ICO, took money from people, now realize they don't have the capability to build what they want to build, so they are looking to outsource everything. So what value are they themselves building/providing? Am I missing something? Am I the only one feeling disappointed? I feel like they are attempting to outsource the work that I was hoping the REQ team would accomplish themselves. Am I misinterpreting this?

So basically they aren't up to the task and want someone to build it for them on the cheap.

Get out while you can boyos. Prajeet ain't gonna save your satoshis

My point is you don't want to be holding some shit coin alt that barely pumps and only pumps when everything else pumps. There's literally zero reason to be holding REQ right now.

So you went from vaguely trying to attack the token's fundamentals to talk about pumps??? pahahahahahah just stop dude.
>Am I misinterpreting this?
Yes you are.

You sound gullible and setup. Just your average Retard Network holder.

This is fucking spam

>There's literally zero reason to be holding REQ right now.
Wew lad the arrogance

This.

'ahead of roadmap' meme was fun but retarded holders catching up and dumping.

Its retarded usecase for blockchain (payment network and global accounting) with 0 need for decentralisation or trustless system, acually other way around.

I got scammed yesterday on ebay by seller do you know how much time it took paypal to resolve my despute and give me back my money? 20 minutes. 20 fucking minutes and done...

How does REQ solve problem like that?
They use thirdparty Agur (or smthing else).

How they solve oracle feed problem?
They use chainlink.

Do you remember last project that made more problems in theory than it solved? And sad they gonna use agur,chanlink etc. to solve them? Yap it wad called Comfido....

Tha

But they did for shure solved coding and acually doing shit problem by outsorcing work lmfao.

Here is some simple math a REQtard will understand. Your coin will never moon because nobody will ever use the network lmfao. Nobody is going to use REQ to send fiat when Stellar will do it faster and cheaper, and nobody will buy things with crypto. It’s that fucking simple.

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>Explain to me again why we need a paypal of the future that doesn't happen to be paypal?
Because PayPal sucks being honest.

Yeh but it has a use case though, so it’s a top 5 crypto

Former >100k REQ holder here.
The reason why this coin barely moves is because it's a utility token. The economics are designed in a way so that the value doesn't increase a lot even though there's a lot of network usage.

Think about it: the only use case for it is the token burning. There's no other reason to hold it. When there's a burning, the supply decreases. The supply decreases, value increases. Next burn will then burn less REQ.

This is more a safe haven investment than a moonshot. Check out:
It might go 5x initially and then will increase by 30% per year max. If you're chasing moonshots, look somewhere else.

No intended fudding, just the truth.

You're just plain wrong, the reason to hold it is because there's a fucking smart contract that buys REQ at market price that has more buying power the more network usage increases
This token is designed to increase as much as possible directly with network usage

Pajeet detected

Do your calculations. Even if REQ gets 5% of PayPal's volume, has a fee of 0.1% and stays at $0.22 it will burn only 102.5M coins. That's about 10%. Not impressed at all.

Now, how likely is it that REQ gets those 5% in the next 1-2 years and that the coin stays $0.22 to burn that amount of coins?

You know the answer.

Calculation is done for a year.

Cashies out in full force

>possibility of getting total supply burned by 10%
>not impressed
pick one you retard fudder

just like ur whore mom died like i called on jan 21

OK, so in that unlikely best case scenario your REQ will be worth $0.242.

If that's what you're looking for, hold your bags.

Holy shit this fud spreading samefag never sleeps

sure kid, I will.

I'm not the excel table creator.

If you think my arguments are shit then bring a counterargument. I know it's more common and easier on biz to just put everything in the FUD drawer, but give it at least a try.

hes right though and thats not FUD
doesnt mean that rew wont end up at 100$ one day
a stable 30% per year is dream of every investor

>Explain to me again
No point, you are a fudder and not interested in answers you already know.
Since you are probably accumulating, I wish you well, see you on the moon.

Lol 5%.

Have you seen the new statement PayPal just put out? They are now charging $4.99 for any international transactions. Its laughable they would do this right when blockchain is starting to emerge. PayPal will be liquidated in 5 years. If not sooner.

You're also not putting into account that Req is more than just PayPal 2.0. Its working to tap into the public accounting market which is worth billions. Not to mention its also creating a simple way to cash out of the cryptocurrency market, which is a multi billion dollar problem in itself.

People reducing REQ to the Pay with Request button are either spreading FUD or dumb as fuck.

Ahh the old outsource meme, are you going to use the stacy one next? That one was fun.
Yes, and a lot of scammers use that to scam from the sellers. This plus the high fees makes all merchants hate paypal, and they are going to ditch it as soon as they can. Even Ebay is ditching Paypal, cmon.

Why wouldn't companies use Stellar for large international payments? The fee is cheaper.

Always interested. I sold my bags when I noticed the lackluster of gians. Convince me, I bet you won't even try.
What's the percentage of stuff purchased by cryptos? 0.00001%?
Accounting/Auditing with cryptos? Will not even burn 1000 REQ in the next 2 years.

Yeah... Right. Just leave it to it.

crowdfunding.request.network

See this? It's a dApp built on request. Anybody can build one. You can build any kind of dApp you can think of that involves payments, invoices and accounting. Those are multi trillion dollar markets by the way.
Whenever somebody uses one of these dApps built on request, REQ is market bought.
Request are also partnered with the blockchain department of biggest accounting and auditing company in the world, PwC, who will be building products on the Request infrastructure. PwC do business with over 80% of the fortune 500.

That's all the info anybody on this planet needs.

We know that, but the point is even if it gets a lot of usage, there's not that much REQ even beign bought

See this

Do your own research. You can make a fiat to fait transaction on Req. You don't need cryptos to use it. The req token is automatically generated during the fiat to fiat transaction as a small fee.

It's great that they have a crowdfunding. Still, you're not addressing the incentive and actual value increase of the token.
If you're invested for the technology that's your decision. It just won't moon as hard as other coins, that's what I'm saying.

Have fun.

Ok bye faggot

I'm aware of that, but the F2F implementation is far away. They don't have an oracle solution yet and I can't imagine them pulling that off without a bank partnership. After all the fiat money must go from an account to another account.

Now imagine you being a bank and someone offers you to "offload" all your transactions. Good luck.

Every other coin's valuation is tied purely to speculation. Ethereum could see the most usage of any platform in the world and it would not matter if ETH itself is $1. Vitalik himself has said this.

Request is the one of the only projects with a token model where the valuation is tied to network usage due to the smart contract that burns REQ. So request has 2 things driving the price, speculation AND this token model.

That's my last post if you don't see this then you deserve to miss the boat.

Great argument! Hope you can sleep well tonight.
See ya

Bullish as fuck. The last time people FUDDED REQ this hard we went to $1 in a couple of weeks.

That table is plain wrong.
Even as fud it's stupid, because due to the fee cap the real % is way lower.
But it's fundametally wrong in assuming a 1% penetration in all markets. It may be right for the merchant market in the beginning, it's hard to get market share there, but for the crowdfunding and p2p paying, expecially the crypto related one, it's more than reasonble to expect a double digit market penetration fast.
And it does not count the auditing and b2b market, practically the main one for req.
Useless data.

Good post. That's why I might come on board later on when the whole bubble bursted. That's when REQ might be more profitable than alternatives such as index funds or crashed cryptos.

So you're saying the table is wrong because a million dollar transaction won't actually have a .5% fee? It will be smaller? You realize that is much, much worse for REQ holders, right?

lol

Yes, it's part of why it's wrong, the fees are lower, I am not here to bend reality like you fudders.
Good job at ignoring the other part by the way, that is much more significant, since large transactions are not the norm, while market penetration is paramount.

Damn dude, how?

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What's funny? The fee volume is actually lower than what the table would predict? How is that good for holders?

Nobody buys things with crypto. Period, everyone has that "10,000 bitcoins for one pizza" story in mind, nobody wants to buy things with crypto, they want it to make them rich.

Moreover, REQ doesn't have a clear fiat solution (which is where most of the transaction volume theoretically would come from).

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Any if this coin is really slated to inc 30% / year, what does that mean?

>Every investor wants in
>price explodes

This is a legitimate concern.

They seem to lack the capabilities to create a fiat oracle, since they took it off the roadmap.

You'r wrong, but you refuse to listen to reason. I wish you well, but you'll probably FOMO in during the mother of all REQ bull runs

In fact I stated that the merchant market share will be hard to erode. But for ico that of course do not apply, for general crowdsharing the demographics are near enough to have some good numbers, and for auditing and b2b they will simply use the cheapest and more integrated solution regardless of that.
For the fiat solution they stated multiple times their options, it's true that seamless fiat conversion is still in the works for crypto up to now, but that is true for every crypto.

lol they are facing discrimination lawsuit because they fired a female member of staff for no reason , req is known as the most sexist project in crypto in Singapore

It's still in the roadmap for Q2 on their site.
I kinda doubt they will make that deadline, but it's there.

Here comes the brainlet. Dude, even with all the fud and shill we are having a semi intelligent discussion here, would you mind to go back to the xvg and trx threads?

There are no sexism laws in Singapore. It's a dictatorship based upon productivity.

>pulling that off without a bank partnership
>who is ING

Kys for real.

wtf I love REQ now

this. im fomoing now

>REQ REDEMPTION ARC
This neutralizes the Ricky&Morty fud, nice.

kek

literally /ourtoken/

I have 27k REQ, will I make it?

It's funny because in your example a Paypal 2: Blockchain edition. Would make A LOT more sense than REQ

I'll repeat it again.

You'll need 1 million REQ to make it in 2019
You'll need 100,000 REQ to make it in 2021
You'll need 10,000 REQ to make it in 2023
You'll need 1000 REQ to make it in 2030
You'll need 1 REQ to make it in 2045

Due to burning, anti-competition measures and growing adoption (business-side) over time you'll always make it. It just depends on how long you wait.

So if you say "Will I make it?" you'll need to list a timeframe to get an answer.

What do you mean by this

>he thinks REQ won't reach its ATH for another year
Let me guess, you're in crypto since January?

When will req be $100?

I've been here since the beginning Jow Forums mining thread days. You realize it's almost May already right? I don't think we'll reach ATH within the next 7 months no.

If you only account for burning and assume burning will grow exponentially from today onwards that would be in March 2023.

So you unironically believe REQ won't reach further that $1 in 2019. Lmao didn't think prophets existed

>It's still in the roadmap for Q2 on their site.

Yeah, there's no chance they can pull it off, because not only do you need a working oracle, decentralized exchange, but for fiat, you need a LIQUIDITY PROVIDER who will agree to send REAL money in exchange for shitcoins to NEETs via the Request Network.

Can you even foresee a situation in the next 5 years where a bank agrees to such a thing?

I can't. I hold a significant amount of REQ and I'm looking for an exit strategy right now unless they manage to solve the significant technical challenges by June..

I'll hold until June. If there are no solutions forthcoming, I'm out.

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>crowdsharing

There's tons of garbage and more established coins offering the same thing, so that's not something that Request should really focus on.

It's a tacit admission that crypto has no purpose.

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It's based on burn rates assuming it'll grow exponentially from here on out due to growing adoption and Dapps developed upon the Request Network. So while it's no guarantee it's at least better than just some asspull that most people do here.

Then you should know that the market is heavily oversold at the moment and a bull is banging at the door.
>You realize it's almost May already right?
>almost
Last year's bull run started right after Consensus - almost a month from now.

I should probably have explained that my numbers are assuming all the value comes from burning alone. I didn't account for speculation of another bullrun.

No it didn't, the bull run started in January.

>It's a tacit admission that crypto has no purpose.
I doubt you believe that, but if you do you are in for a big surprise this year.

With that assumption in mind, your numbers would be decent enough. That assumption, however, does not correlate with the real world. It is almost certain there will be another bull run soon-ish.

DId you read that barclays is thinking of building its own exchange? Do you really believe that banks will stay out of this market for long? By eoy user, no doubt in my mind.

>Rank 102

That's literally a bullish as fuck. REQ is oscillating between rank 75 and 105. Of course, Jow Forums likes to buy high.

Hey REQtards, nobody has built a useful dapp yet, you really think outsourced REQ pajeets will make the a good dapp on the req platform bitch please

(You)