It's been just under a year now, and STRAT has been languishing and is is essentially where it was at the end of May last year.
When is this thing going to make me any money?
It's been just under a year now, and STRAT has been languishing and is is essentially where it was at the end of May last year.
When is this thing going to make me any money?
What does it even do? If stratis disappeared could this space move forward?
Stratis is a PoS platform that offers an ICO platform, smart contracts, sidechains, and Tumblebit (anonymous BTC tumbling)
STRAT is required to run sidechains, so this should freeze up part of the supply. There are STRAT masternodes, but those require 250k STRAT each, which will also help to reduce the circulating supply of STRAT. Bitmixer was tumbling 35,000 BTC each month before it was shut down, which will be a huge amount of passive income for masternode operators.
Overall, I think it's a very cleanly run up-and-coming platform that has a few factors that'll help to put positive price pressure on the coin. The team seems competent and I think would be one of the surviving ones in a long crypto-winter scenario.
Honestly, DYOR. The blockchain space in corporate finance, banking and IT industries is yet so insignificant that I would argue that the space doesn't have anywhere to move backwards. Once you realize that this is the only blockchain end-to-end solution that utilizes technnologies that are ubiquitously used in those industries (as opposed to exotic shit like Solidity), I'd say stratis has an unbelievable amount of room to grow, as far as as their product is concerned.
>as far as as their product is concerned
Therein lies the rub. They can be wildly successful while the price of their coin—the only thing we, as speculators and 'investors', care about—completely stagnates.
Strat was one of my picks from ages ago
Shame nothing picking up yet
Not until it drops to 50k because that is when I am going to buy it.
>Blockchain tech.
>Niggers.
Not going to make it.
In other words, if a company wants to implement blockchain solutions for some of their internal processes or products, they would obviously want to deploy a platform with a set of pre-built APIs, SDKs and other developer tools. If you look at the current space for such products, all the tools offering such services are developed in geeky technologies that are basically non-existent in the corporate space. .NET is among the top used frameworks, alongsive Java EE, and it makes strat a natural choice for those companies who already have a big number of people using that tech every day, instead of spend cash on training or employing new resources.
Due to Stratis (the team/company) requiring STRAT as collateral to use all of their products, there will be a significant amount of STRAT that will be more or less permanently out-of-circulation. And this will shift the price due to a decrease in supply.
Each masternode will lock up 250,000 STRAT (~$5.75MM each at ATH) to be used for tumbling.
There's a few other platforms that are going after businesses, Neblio in particular, but Stratis has the stronger team and has support from Microsoft. They're positioned really well; the price just doesn't reflect it yet.
>Due to Stratis (the team/company) requiring STRAT as collateral to use all of their products, there will be a significant amount of STRAT that will be more or less permanently out-of-circulation
That's great in theory, but considering that the actual implementation of this might be 5 years out (as in business adoption, etc.), it's not too great for it as a speculative investment (crypto)
EOS is making millionaires out of people right now and it's an ERC20 token with a fancy white paper and some mediocre git commits
I agree, but then, can you name a crypto project whose coin's value is ever coherent to it's intrinsic value? It IS all speculation, and if a project/company starts getting mentioned, and is a hot seller, people buy in. Also, I guess companies would have to buy a good bunch of STRAT to set up a masternode.
The point is that being a 'real' project doesn't mean it is going to moon. It's bloated in terms of market cap already.
See also things that delivered e.g. ethorse etc. they continue to die as hyped shitcoins thrive
There's a reason for this and it's important to understand that
If that's the case, then what would be an incentive for investing in crypto? If not real world value, then what? If so, then it's all one big fat speculation bubble. I see real, industry-changing potential in a project, and if that's not what drives the price then it all has no point.
>If that's the case, then what would be an incentive for investing in crypto? If not real world value, then what?
Multiplication of wealth. I like the tech side of things but nobody is here for that reason alone. Maybe one or two people.
Honestly this is project i believe the most
so far i accumulated about 1500 strats
ALL OF THIS WAS PROMISED LAST YEAR AND ONE YEAR LATER ALL OF THIS SHIT IS STILL VAPORWARE
What the hell you talking about?
so far they always complete the goal they promised
also compare the activity on github with others project
the only problem was that they was not marketing it
Are you fucking serious? Are you going to tell me they have not missed deadlines and lied to investors?
what they lied about?
Count up all the stuff they have actually delivered, and count up all that stuff that is still not going to be out for another 3 months IF YOU CAN EVEN BELIEVE THEM THIS TIME
i was never see this chart
i remember the last two ones and they delivered what they promised
Look dude, its a good project but i'm out of it. I will never trust that nigger again
Its okay i was not shilling for it
but for me personally this is the project i believe the most
and of course is possible that I'm wrong and i lose my money
I agree that they've done a TERRIBLE job of sticking to their roadmap.
They still haven't done smart contracts. There's no sidechains (nevermind TVE, which is actually pretty sketchy when you research into it). Breeze is still beta, and Tumblebit is MIA. I'm disappointed in both of their ICOs, I was expecting something sexy, like a fortune 500 company or something, not "Beyond Global Trade" and "Glucon".
I think they're just being too cautious, or too worried about regulation with tumblebit. I won't be putting anymore into STRAT, but I'd like to see some return on it.
I'm pretty salty about Strat. I was fully expecting it be $20 by now
Strat will be dead in water until smart contracts and icos pick up. The icos will be opened up later this year for anyone to use and smart contracts are still pending but Jordan Andrews, the guy developing them, has given some sign the smart contracts are soon. Once they both take off stratis can do everything ethereum can and can do it in C# instead of autistic solidity.
Only 2 ICOs launched since 2016 for a dApp platform.
A bit like my life, had potential and could have been the best but wasted it.
i would agree except these are verified icos picked by devs. they havent opened up ico platform for anyone to use yet so we dont know exact demand yet for the platform.