Req thread

eoy prediction
>40c

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5.75

Dedicated FUD, but it he shitposting is getting tired. You hold, I hold, we all hold around these parts.

Somewhere around $5-12 eoy

Honestly think we're gonna see 2 dollars EOY if these sick partnerships continue throughout the year.

Unironically $3.50 eoy

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No idea whatsoever. But I know I am not selling any under $10.

I just got sweet little $3k bonus and want more reqqies. When should I buy in ETH? I'm thinking a dip to 500 will happen sometime in the next few weeks

if req can capture 5% of paypal's market by eoy, very doable, it'll be $6. the variable here is how quickly the triple entry accounting stuff takes off. could be $10-$20.

Holding 100k req +.
Expecting 50-70c eoy

If they catch ANY market, any amount, the price will be $100 eoy.

Wrong calculation. You're looking at Paypal's market share not at paypal's revenue.

If it captures 5% of paypal's revenue 1 REQ would be $80 due to token burn.

Not gonna lie, still don’t know how the token burn actually works

Lol.
Any operation on the request protocol has a low fee, now it's 0.5% with a $1.5 cap. The fee is paid in the currency chosen by the payer and converted to reqs automatically by buying the reqs on the market (kyber atm, since it ensures liquidity), and those reqs are sent to an unrecoverable address ("burned").
So all the fees are not collected by anybody (so the foundation can stay non-profit) but direcly go into diminishing the circulating supply, and once the volume will be considerable it will be like a bot that constantly buys and never sells, a constant buy pressure that will appreciate the token.

To simplify it more:

Price is determined by demand and supply.

Burning permanently lowers the supply and thus the price per token rises.

it does, but if it increases the token price by 0.0001% it's hardly relevant
last time req contract was used was 22nd april, nobody actually wants to use this piece of crap

hmmmm

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It's more of a mvp now, still in early development The partnerships are laying ground for future adoption, not actively using the network now. But even like this it has already achieved more than most of the other projects with 3-4x its market cap. But of course you can wait for it to be complete and fully adopted and buy my bags at $10. Not that i need you ofc, the burning bot will buy them anyway.
Of course there is the possibility of req never gaining traction, like every other fucking thing in crypto, it's the reason it's a high risk speculation market.

Not only that. Burning takes care of lowering the supply AND providing the demand, if there is actual usage you do not need anybody but the burning bot to buy the tokens.

Checked

I don't get this meme aaaaah

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$10 EOY.

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i was the req whale with 0x41 address

1.7million req

now i'm just a fiat whale

Coinfess, why sell user?

it's not req.

this market gonna dump.

i will back back my REQ stack when BTC is sub 4k.

prove it, show your sell orders

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> fiat whale
> 1,7m REQ = +/- 340,000 $

ok buddy.

REQ was 10% of my portfolio.

nice LARP

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Not a bad prediction lad.
Gather around, and screen cap this cuns.
If market is going sideways and or shitty 30 to 40 cents

If we have a healthy pump on shitcoins we will visit all time high again, maybe break it by barely. That is all, prove me wrong Req you shit performer

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>> fiat whale
>> 3,4 million dollar.

ok buddy.

Upvote

Omg whales are dumping. Should we all sell?

ok. i'm not a whale. happy?

Why do you think it will dump?

Yes :). thnx

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Damn nigga do u not believe in REQ? We have clearly entered at least a mid term up trend and you don't think REQ is a good hold for this possible bull? Give your reasons. Or did you sell everything? Which doesn't seem so smart...

BTC price in 2018 is the same movement as 2013 BTC price.

here's an advice.

don't listen to anyone on the internet.

DYOR

nobody know what is going to happen.

i have my gains any i'm happy with it.

Smart move, good luck and thanks for the advice. No need to risk such money. For now I have to take risk if I want to make it