Thread 60612432

Why is this only 8 bucks? It's the leading decentralized exchange on Ethereum. Literally responsible for all DeFi.

>>60612432 (OP)
its a scam

>>60612432 (OP)
What is utility of this token? answer that question for yourself.

>>60612432 (OP)
wow 8 bucks!? wtf thats such a telling and expensive indicator, tells me so much about the value of uniswap

>>60612438
Governance decisions on Uniswap.

>>60612439
If you weren't a NIGGERBRAINED NEWFAG, you would know that it was originally airdropped with a price of four bucks. So it's only a 2x from its inception in 2020. Do you understand now, NIGGERBRAINED NEWFAG?

>>60612432 (OP)
>governance token used to vote on proposals

>>60612448
Why is this bad? It's the governance of the leading DeFi exchange. Explain in your own words why it's bad. Why is this less useful than Cardano?

>>60612432 (OP)
It's on Eth that's why nothing on Etherum makes money except at launch.

>>60612463
>looks at the price history chart

>>60612495
>x5 to ATH
Why is this bad?

>>60612490
Many things on Ethereum make money.

>>60612463
last I checked you needed to hold 7 figures worth to even make a governance proposal.
so you can only vote on something that a whale has proposed, and the whales just overwhelm everyone's votes anyway.
literally worthless.

>>60612506
>Whales need the token to make decisions on the leading DeFi exchange in crypto
Token needed.

>>60612432 (OP)
You should have sold for the PS5

>>60612505
Oh yeah? What makes money on ETH? No, because when I look at the charts it's not obvious... And the ETH coin itself doesn't make any money compared to Sol, Sui, BTC, and even this XRP scam.

>>60612529
I'll sell at 40 bucks.

>>60612533
>all of DeFi makes no money
Lurk more

>>60612545
>all of DeFi
it aint 2017 anymore gramps

>>60612440
who cares

>>60612545
Yes, but Defi makes more money elsewhere for less fees. I won't say where because I'll be accused of not being fair. Well, honestly, the AAVE token performed well, I admit it.

>>60612570
The whales that use Uniswap.

>>60612586
AAVE was massively undervalued at 80 bucks. And UNI is massively undervalued at 8.

>>60612432 (OP)
opened dextools and stared at the integrity dao chart
no movement
no volume
but someone had drawn a single white line at the bottom and named it “faith”
i left it open all day like a candle on the altar

The problem with uni is that it’s unlimited
It’s cool as a reward for liquidity pools but not investment grade

>>60612648
Max supply is 1b, so 60% is already in circulation and most is locked up.
Why do NIGGERBRAIN FAGGOTS just pull random claims out of their asses.

HEY BIZ FAGGOTS, ANSWER THIS:
WHY
IS
UNI
ONLY
8
BUCKS?

>>60612463
>Why is this less useful than Cardano?
You still think a coin needs to be useful to be valuable? Doge is satirically useless as a selling point.

also this >>60612447

>>60612432 (OP)
>https://blog.uniswap.org/uni
>here, I'm not reading it because I'm not that interested

>>60612679
>2% inflation PER YEAR bad
How much has Sergay dumped again?

>>60612432 (OP)
Yeah classic case of underrated. Good to buy a bag and wait, i did that 1.5 years ago and then it suddenly soubled and i sold most.
Same like 1inch is still undervalued.

>>60612660
>WHY
>IS
>UNI
>ONLY
>8
>BUCKS?
because it is a worthless shitcoin with zero utility
>governance
lol

>>60612599
>>60612440
>>60612463
A lot of traders lose money because they miss the forest for the trees. "But how does this provide real irl value".

>it's the leading defi exchange
>it's for governance

All hopium narratives. Why would a normgroid use it? The only thing that people use ETH, and by extension Uniswap for, are to gamble on shitcoins that produce no real world value. Check back with us when tradfi is using smart contracts and smart contracts aren't used just for speculating on shitcoins.

>>60613791
But people like you are
>its not going up why should i buy it
And when its pumped
>wow its going up i need to buy it
At which point i already dump on you since i identify undervalued things

>>60612506
Turns out "defi" isn't defi.

>>60612432 (OP)
Trust the horse with an erect penis stuck to its head. It's a good omen.

>>60613800
So you're admitting it's a short term hold and you're just flipping it for quick gains..... because it doesn't provide any long term value. How am I wrong again then? It's a question of relevance, you'd still be better buying long term blue chip stocks or btc.

I sold my uni airdrop years ago, probably around 2021 or so.

>>60612432 (OP)
Because it turns out holding a governance token that 1 insider holds total control over is totally irrelevant. If holding uniswap paid a dividend on earnings, which the company makes mega profit, sure.

token not needed

>>60612432 (OP)
governance failure

>>60612440
that's the problem
it had a governance failure over the fee switch