🔷 Waves Tech - a powerful blockchain-agnostic ecosystem

[coco23]

TurtleNetwork is waves clone valued at 1/1500th, so you are basically buying waves for less than a cent.

TurtleNetwork grew by 50% since july 2020 while waves increased by a factor of x10, so it is soon time to cover that gap and go above 30 cents.

And why whould TN "cover the gap"? TN had some increase but now is down to the price level where it came from. WX is the only place where it's traded, with a spread of >30%. This doesn't sound convincing for me. What are its unique features? In my opinion any clone needs to bring some innovation otherwise it's probably just created for a pump-and-dump scheme.
If you can provide some more information, that would be great (probably a dedicated thread for that would be appropriate)


Meanwhile WX droped to ~$1.6. I currently don't think it will drop below $1 (and for that matter probably not lower than $1.2-$1.3) until the summer. Many people complain about the development in Telegram (down from $20), however, I guess this was pretty much to be expected. I hope the full functionality of the token will be rolled out soon

[MarquiseMuseum]

Follow the money from ARRR x1000 pump last year in the wallet links, it is beeing hoarded on Polarity wallets and for what reason? One can only speculate. TN is part of BPSAA it is a group of projects including Piratechain which is also not anything different from many other privacy coins so atleast for the medium term this kind of differentiation is not important the important thing is dev skills and both ARRR and TN have good devs who are implementing NFT markets, loan dapps and casinos easily. They can do anything that waves team can do but smaller scale because fewer staff. They simply clone everything waves does with a few months time lag and have their own DAO and soon swap same as swop where TN is also listed and there is no spread.

https://swop.fi/info/3PCdNCULgjM9ZMLEt61M45qxV26ro6o48Jj

$5000 becomes soon $500 000 from this gamble and if you lose it so what a few months working income for this level of risk/reward.

If you are really into unique projects maybe mine is better in the signature. Uniqueness is not a silver solution for x1000 pumps but for long term investments it is important.

It is possible you are right about TN not being unique enough and this is also what Swedish VC firm said about investing, but it doesn't matter because insiders in both ARRR and TN are preparing to move it from 1 cent to $1 soon, they dont care about such things only profit and TN is solid enough that retail will buy $1 same as 1 cent, $1m cap $100m cap it is unimportant at such low level but for insider who makes the move, his $5m is multiplied to $50-$100m, that is the way they make the big money because they control the outcome.


My prediction is to watch for OTC between founder and polarity for 10m stack and then vertical to $17-$34.
Mortys node is net buyer at 1 cent 5m TN so they are also in the play here, he will want ROI on that stack soon waiting a long time after exiting waves at $10 last year.

There are multiple whales who are waiting to move in on TN. Another is the 1m waves leaser to the TN BlackTurtlenode which is one of the biggest nodes on waves platform.

http://dev.pywaves.org/generators-weekly/

I have researched TN 24/7 monitoring for the past 19 months, its not my problem what anyone does with this info because I am short 800k TN so no rush to pump.
The hard part is actually managing it once it pumps because here it is 100% accummulation very easy mode.

[Waves.support]

As we celebrate the start of a new year, let’s look back to some of the largest additions the Waves ecosystem had in 2021. This year was full of exciting releases.

We thank you all for the support and we hope that you’ll stay with us this year too! 🔷🚀

[jerry0]

Assuming you do not have access to your waves wallet but want to check if there has been any transfers from the waves address associated with the account, how do you check this?  For example i know with btc, if you type in your btc receiving address, well it would show the balance and history right?



But if you enter your long waves address for a specific waves account, what would you be able to see?  Example imagine you are on vacation and do not have your waves wallet on you because its in a computer.  You want to use your phone to check if your funds are safe etc.  And say the only thing you have is your waves address.  You do not have the seed.



What site do you copy/paste that waves address to ... to see if any transactions have been done recently?  Could you see internal transactions?  Could you see what the waves balance is currently for a waves address?

[bct_ail]

~snip

https://wavesexplorer.com

[Waves.support]

2021 was a year of DeFi applications emerging on Waves. 2022 will have a high-promising start inaugurated by the Puzzle Swap aggregator launch. It's time to talk about how WavesFi (Waves DeFi ecosystem) will develop in 2022. 🚀

Join the Waves aggregating tour in a series of AMA sessions, hosted by Inal Kardan and Vladimir Zhuravlev. During the events, all participants will be able to win rewards for asking the most interesting questions.

🏆 Get numerous extra prizes from our speakers, including the super prize — the Early Eagle NFT (1 of 77 limited collection worth $5,000) for the most involved and active community member.

Check the schedule below and don't miss your local event 👇🏻

January 14 - 4:00 PM (CET)
Waves Africa
Speaker: Vladimir Zhuravlev

January 14 - 6:00 PM (CET)
Waves Turkey
Speaker: Vladimir Zhuravlev

January 17 - 1:00 PM (CET)
Waves Indonesia
Speaker: Inal Kardan

January 18 - 4:00 PM (CET)
Waves Latam
Speaker: Vladimir Zhuravlev

January 19 - 12:00 PM (CET)
Waves Japan
Speaker: Inal Kardan

January 19 - 7:00 PM (CET)
Waves Brazil
Speaker: Vladimir Zhuravlev

January 20 - 1:00 PM (CET)
Waves Thailand
Speaker: Vladimir Zhuravlev

January 20 - 2:00 PM (CET)
Waves Vietnam
Speaker: Inal Kardan

January 22 - 2:00 PM (CET)
Waves Arabic
Speaker: Inal Kardan

[MarquiseMuseum]

Blow off top incoming.

$200-$400 same as eth 2017.

BTC 300K/0.0012 Waves per btc.

maybe shakeout before breakout first down to $10.

TurtleNetwork 90 cent up to $34 same vertical as ARRR last year this time.

then 3-4 years global depression and then AGI pump 2027-2029 then Tech singularity 2045 etc.

[Waves.support]

Tomorrow, Jan 21, 13:00 (CET), lock your $VIRES to start receiving protocol revenue. 24 hours till the program start! Learn more in Vires latest blogpost.

[coco23]

Tomorrow, Jan 21, 13:00 (CET), lock your $VIRES to start receiving protocol revenue. 24 hours till the program start! Learn more in Vires latest blogpost.

Wow, what an announcement. I didn't expect it to happen so quick. The Vires price does acknowledge it with a +80% currently. I am looking forward to the new functionality.

What will happen with the team token of the Vires team? According to the blogpost they hold 80% of all Vires. Will they lock theirs immediately too? Are there any plans to sell those tokens on the market?

[MarquiseMuseum]

Tomorrow, Jan 21, 13:00 (CET), lock your $VIRES to start receiving protocol revenue. 24 hours till the program start! Learn more in Vires latest blogpost.

Wow, what an announcement. I didn't expect it to happen so quick. The Vires price does acknowledge it with a +80% currently. I am looking forward to the new functionality.

What will happen with the team token of the Vires team? According to the blogpost they hold 80% of all Vires. Will they lock theirs immediately too? Are there any plans to sell those tokens on the market?

Can someone help me find it on http://dev.pywaves.org/assets/
It does not appear on the stated issue times 11.10.2021

How high is the re issuance rate and is there any burn rate to counter inflation? Update: 1087 per day around 400 000 Vires per year inflation.
max supply is 10 000 000 and APR from platform revenue is 84% on 346 500 circulating supply.

Market cap is $21 million and depending on inflation rate to 10m max cap it means if APR is sustained Vires is trading x50 below fair value according to P/E revenue model at $63 and may increase to $2000-$4000.

At P/E x30 and 10m tokens fair value is $50 (year 2047)
At 346 500 supply it is trading x30 below fair value on $50 and should trade up to $1530 fairly quickly. After 1 year issuance (february 2023) fair value is lower $700.

Seems good buy at $50-$60 (6000% apy)

https://waves.exchange/trading/spot/VIRES_USDN

Update 1:
APR is 7000% on 4 locked tokens but true APR tomorrow is somewhere between 250%-650% on 50k.150k locked Vires. But you can imagine what happens to price if so much is locked from market, it will catapult x10.

Within 12 hours you get either x10 on your money when buying $50 or 1000%+ apr, both are very good.

Update 2:
APR doesn't make any sense.

Update 3:
Daily protocol revenue is $49 000 with 5000 locked Vires and that is why APR is 6000%+ (5000x$59x60). If 5000 more Vires enter protocol today, naturally APY goes down to 3000% because now there is twice as many tokens to share revenue on. On max capacity 262 000 Vires locked the true APY per token is 19 cents and $2 when 10% locked. So if you lock 3 tokens today at $52 the APY returns it in 1 month when 10% capacity and 10 months on full capacity. The true value is somewhere inbetween 1 to 10 months to return money invested at $50. It displays 6345% on 3 vires locked I don't know why they are not accounting for all the new Vires that will flow into the protocol today after 13.

However, the base price of Vires will increase if 262 000 tokens are locked so the APY goes down but your base investment will probably go up alot, x10 or more, if you buy here at $50.

Update 4:
https://wavescap.com/asset/VIRES/richlist

Conclusion:
Waiting for final APR and evaluating stability to ensure no rug pull and by the way is the $1bn liquidity audited, does it exist?

[Waves.support]

🚀 All the protocol revenue in USDC, USDT, USDN, EURN, ETH, BTC and WAVES is now being distributed to Vires DAO across all locked $VIRES. Lock now at Vires Governance page, read more in Vires latest blogpost!

[coco23]

Conclusion:
Waiting for final APR and evaluating stability to ensure no rug pull and by the way is the $1bn liquidity audited, does it exist?

Thanks for your post. I was wondering about the same thing.

On https://medium.com/vires-finance you can find in the tokenomics article that after 1 year at least 2.6Mio Vires should exist. The vast majority of 2Mio Tokens belongs to the team. 500k are from the early birds, and 100k were distributed the last 3 months

The current number of 260k that appears on the vires.finance page (in the governance section) seems to include early bird + 100k, but not the team tokens.
There should be about 600k team tokens already. I wonder what is the plan with those? This is the great unknown currently. If the team will lock them all, the APR will go down a lot.

[MarquiseMuseum]

2.5m Vires will be unlocked in 6 months.

If it goes to 40 USD I am buying 20 but the APR is decaying too quickly at the moment to lock in capital for 6 months. Maybe it will be 200% APR tonight or tomorrow, should trigger retracement back to 30-40 usd a bit too many unknowns but it looks good on paper. Not surprised if x5 from 80 first although it would not be a lucrative investment at $4bn valuation $400x10m P/E 222). 40 USD is the sweet spot for bigger entry but depends on APR evolution in coming days.

Still don't know who team is and if $1bn liquidity is real.

3 000 000 Vires divided by $18m yearly revenue is $6 APY per token so 20 Vires when 3m locked yields $10 monthly. At 75 usd you need $120k worth of tokens to earn same as 20 today per month $750. It is 75% APY on that $120k/1600 Vires.

I think anything lower than $500 or more monthly income is not worth locking capital for 6 months as there are competition from swop sometimes double APY.

Combined with release of 2.5m in july and 1600 Vires/$120k requirement just to earn 75% APY/$750 monthly at 75 USD, it is probable that price goes down by -80% and more after july. If liquidity increases it is a different story and must be recalculated on the new values but there is no incentive to stake $12k for 6 months to earn $75 per month and this will be the situation if the 2.5m new tokens are also locked and even worse if they are dumped in open market although APY will then increase accordingly.

As long as there is this $1bn liquidity the P/E factor prevents any sgnificant decline below $10 per token but unless liquidity increases any sustained upside is limited over $100 considering these variables.

Of course all of this is irrelevant in the present because there are only 350k circulating so it can easily pump to $400-$1500 between now and july. But that's pump and dump not long term viable. People who buy that zone will get rekt.

Liquidity decreased by $20m since yesterday.

Buy zone remains $15-$30 but that's a good deal so of course it was already covered a few days ago by someone...

[coco23]

Liquidity decreased by $20m since yesterday.

Just one thought about that: If you want to know how much money is really on the platform, just deduct all debts from the supplies. I just did a rough calculation and ended up with about $280M.
Lots of funds are just "looped" (supplied and then debted again) to arbitrage for instance

[MarquiseMuseum]

Bottom is in at 6-7.6. as predicted in june 2021 we had to wait for the fomo to subside for the dead cat +200% 11.5-36 it unfortunately took another 7 months and caused many retail to get rekt including myself as I was preparing for this scenario 7 months too early.

now 400.

As waves is diluting its native token with different protocols this 400 prediction will be modified to represent 40 billion for waves ecosystem as a whole not only the native token as was the case before.

For waves itself we are looking at 80 bucks for the w5 twice over w3 42 top, say 20% of ecosystem value.

if it continues down just DCA at 5% intervals. Don't really see what the shorters will accomplish at this point but maybe there are some meta news incoming for global economy, doubt it rather hyperinflation pump/blow off.

Would not advice leverage here, only DCA but target long position should be 35%-50% filled at 7.6

If you bought over 10 continue DCA. Imminent reversal to 14-16 is expected perhaps 20, there you can dump the surplus and wait for 10 retest.

Advice few thousand dollars in TurtleNetwork in case you don't already have some. Target is $2-$34, now $0.005.

https://swop.fi/info/3PCdNCULgjM9ZMLEt61M45qxV26ro6o48Jj

After W5 blow off this present day price zone for global crypto will be supercycle bear market bottom give or take 50%. Superbull 2025 x50 from this future bottom and then this should connect with some form of AGI breakthrough post scarcity UBI scenario 2029. Between 2030-2045 world GDP may increase to 1 quadrillion to put things into perspective, inflation adjusted. This is based on pre industrial parabolic growth and Kurzweil trajectories and the growth is caused by billions of Androids in all shapes and forms.

[jc12345]

There is something that has been bothering me for a while. On Ledger there is a Waves wallet. So it is possible to connect to Waves Exchange using the Ledger, however why is it not possible to add Waves to accounts in Ledger live to see Waves as part of the Ledger Live portfolio? Unless I am missing something.

[MarquiseMuseum]

Any third party access points to input seed and control funds now that waves exchange is experiencing problems?

Everything except wallet and dex is working, like token issuance staking etc so it seems dex and wallets are hosted on something else.

For example Eth has alot of third party operators to accesss funds by seed phrase like MEW Metamask.

Does waves have anything else or is this dex a single access point?

It is not difficult to create exchange UI Polarity made one for TN, but I never heard of a secondary waves wallet

[ALeKS1MAR]

Six months later, I can make a review about this exchange. These are scammers. I do not recommend using their services, especially staking and algorithmic trading. They promise good interest, but instead of 400 I withdrew only 300 dollars. Think for yourself. There are many decent exchanges and defi. They are SCAM

[tanitel]

Any third party access points to input seed and control funds now that waves exchange is experiencing problems?

Everything except wallet and dex is working, like token issuance staking etc so it seems dex and wallets are hosted on something else.

For example Eth has alot of third party operators to accesss funds by seed phrase like MEW Metamask.

Does waves have anything else or is this dex a single access point?

It is not difficult to create exchange UI Polarity made one for TN, but I never heard of a secondary waves wallet

any news about these problems ?

[jc12345]

Six months later, I can make a review about this exchange. These are scammers. I do not recommend using their services, especially staking and algorithmic trading. They promise good interest, but instead of 400 I withdrew only 300 dollars. Think for yourself. There are many decent exchanges and defi. They are SCAM

I differ from you regarding the exchange. I think they put down a good platform and exchange early on that served its purpose since they started in 2016. But they have been slow to capitalize on their head start and perhaps they missed the wave. They have been in the game for a long time and it is where I saw bridges the first time between Waves platform and Bitcoin for example. I have three gripes about the platform: The one I already mentioned but the other is that the exports from the Waves Exchange is very user unfriendly and not easily recognizable by crypto accounting software, unless you create custom import files. The third are all the junk tokens dropped into your wallet, which brings me back to gripe two which means all those junk have to be either excluded from the custom import file or you have to account for so many junk airdrops.