Why everyone hate AVAX?

Why everyone hate AVAX?

  1. 3 weeks ago
    Anonymous

    Will probably not pump like the last bull ever again. Subnets do dogshit for the native token and the upcoming unlocks are huge.

    • 3 weeks ago
      Anonymous

      >In Avalanche the notion of primary network exist, Meaning AVAX get its value in the same manner ETH/ADA/BSC etc does in addition to value Subnets bring (See points below), So it's not either/or but additional use case for AVAX. In Avalanche the primary network is already the third more profitable protocol in the last 180 days, Even more than BTC
      >Every subnets need to secure multiple validators, thousands/millions (depends on the size of the application) of AVAX per subnet which'll cause liquidity crisis mid-long term
      >AVAX will be used for moving across subnets
      >Subnets will need to lock millions of $ in AMMs to provide liquidity
      >General use cases subnets are probably going to be the most popular subnets, These subnets will use AVAX for gas and do probably tens of millions of txs per day
      >Many subnets, especially those who care about decentralisation, will use AVAX as gas token because it's far easier to incentivise validators with AVAX instead of unattractive native token they use for their dapp
      >Even if they use their own native token, Avalanche validators can and probably will demand payment in AVAX so those subnets will need to buy AVAX in order to incentive them

      • 3 weeks ago
        Anonymous

        >Subnets do dogshit for the native token
        lol why? each needs validators to secure it - each validator needs 2000 tokens. The more validators the more secure the subnet. If you're a big bank - the type of thing AVAX are looking to get building on them - you're going to want to secure the network.
        If its true - people dont bother securing their blockchains - then yeah it might not have THAT much impact on price - in which case AVAX's fundamentals win anyway. This coin is hugely, hugely undervalued. Its fair market price at present is well above Eths, and this is going to 5-10k in the future. Get in now or cry forever.
        Hint to op: my post is why people hate AVAX. They want you to miss it and they dislike the arrogance of those who have seen it for what it is. Digits confirm.

        Read this: https://twitter.com/0xStacker/status/1534596571463139330

        • 3 weeks ago
          Anonymous

          >https://twitter.com/0xStacker/status/1534596571463139330
          seems a bit oversimplistic but interesting nonetheless!

        • 3 weeks ago
          Anonymous

          >Read an article that was priced in since 2020

          Avalanche is undervalued by x5 even if you account for the next 100 years supply, It's undervalued by x10+ against the market if you account for current supply.

          Also most of the supply that'll release in the next few years are team/foundation tokens which pose much less selling pressure and actually used to boost the ecosystem. The rest of the tokens are typical inflation countered by staking, Avalanche actually has rather small token emission compared to other chains. I think the fact this space is disingenuous/low IQ damage Avalanche greatly here, Tech aside, The fact Avalanche have capped supply and deflationary nature is actually used as fud because other coins without max supply+higher token emission get a pass for not having to visualise the FD valuation, It's retarded but i believe this have an effect, The article you linked kinda confirm.

    • 3 weeks ago
      Anonymous

      >Subnets do dogshit for the native token
      lol why? each needs validators to secure it - each validator needs 2000 tokens. The more validators the more secure the subnet. If you're a big bank - the type of thing AVAX are looking to get building on them - you're going to want to secure the network.
      If its true - people dont bother securing their blockchains - then yeah it might not have THAT much impact on price - in which case AVAX's fundamentals win anyway. This coin is hugely, hugely undervalued. Its fair market price at present is well above Eths, and this is going to 5-10k in the future. Get in now or cry forever.
      Hint to op: my post is why people hate AVAX. They want you to miss it and they dislike the arrogance of those who have seen it for what it is. Digits confirm.

      • 3 weeks ago
        Sonic

        >Digits confirm.
        looks like they don't.
        Avax is a scam and subnets are literally side chains, a lazy grift from 2015

      • 3 weeks ago
        Anonymous

        You type like a retarded bagholder

  2. 3 weeks ago
    Anonymous

    Because it's good.

    Probably get the worst ratio of fud quality:fud quantity in crypto history. Astonishing how in this space a project gets more hostility if it works flawlessly and bring innovation than vaporwares who scam people for billions.

    • 3 weeks ago
      Anonymous

      >Because it's good
      they literally had gas fees go up to $14 at some point. so much for a "scaling solution"
      meanwhile Polygon never exceeded $1 even while experiencing one of the nastiest DDOS attacks

      • 3 weeks ago
        Anonymous

        polygon is a centralized server

        • 3 weeks ago
          Anonymous

          [log in to view media]

          still has more liquidity and daily active users
          get fucked

  3. 3 weeks ago
    Anonymous

    [log in to view media]

    ETH whales and MEV scum want to maintain their walled garden

  4. 3 weeks ago
    Anonymous

    Because Pajeets keep shilling it relentlessly.

    • 3 weeks ago
      Anonymous

      [log in to view media]

      This and they stop posting in their own mass spammed threads the moment you point this out.

    • 3 weeks ago
      Anonymous

      [log in to view media]

      This and they stop posting in their own mass spammed threads the moment you point this out.

      >Because it's good
      they literally had gas fees go up to $14 at some point. so much for a "scaling solution"
      meanwhile Polygon never exceeded $1 even while experiencing one of the nastiest DDOS attacks

      [log in to view media]

      still has more liquidity and daily active users
      get fucked

      this is literally one person who has done the lowest effort fud operation for fucking years
      its honestly embarassing

      • 3 weeks ago
        Anonymous

        [log in to view media]

        >this is literally one person who has done the lowest effort fud operation for fucking years
        >its honestly embarassing
        Shut up you disgusting roach everyone knows that you roaches always spam 5 threads at once and look wich threads stays up.

    • 3 weeks ago
      Anonymous

      This + shit-tier community that can only cry about "muh maxis". It's truly off-putting despite that I don't have much against the chain itself (besides that it's an EVM which means it won't flip ETH, no matter how hard the community seethes)

  5. 3 weeks ago
    Anonymous

    original public sale terms were 2% of supply to the public.
    how could anyone support or trust an L1 that gave 98% of the supply to itself and its friends.

    • 3 weeks ago
      Anonymous

      10% went to public, 6% for private/seed

      • 3 weeks ago
        Anonymous

        they changed it literally on the last day to 10%. The original crowdsale docs were 2%. I know because I was planning to buy at crowdsale after the Sergey talk, but couldn't bring myself to buy anything with such garbage public supply.

        • 3 weeks ago
          Anonymous

          [log in to view media]

          initial supply is comparable to DOT, SOL, and BNB which are its main competitors. VCs that were interested in dumping all sold back when AVAX peaked at 60 or 140 and made a hefty profit. Initial supply means very little in the long term as tokens diffuse over time, especially so with more on chain activity which AVAX is already competing with ETH.

          • 3 weeks ago
            Anonymous

            literal slot machines

  6. 3 weeks ago
    Anonymous

    Today is a very good opportunity to buy Avax

    • 3 weeks ago
      Anonymous

      [log in to view media]

      agree

  7. 3 weeks ago
    Anonymous

    When I hear people talk about subnets and how much they misunderstand them, it makes me feel like we are super early in this shit still.

    • 3 weeks ago
      Anonymous

      Seriously the amount of misunderstanding about Avalanche architecture/consensus even by some notable devs is insane

    • 3 weeks ago
      Anonymous

      It's just pointless to make avax threads on biz. The shear diarrhea shit i see get posted reminds me of how naive Emin was fighting with randos on twitter, no realizing they don't even know how a blockchain works.

      • 3 weeks ago
        Anonymous

        [log in to view media]

        Imagine replying to this level of FUD lmao I really don’t know why he bothers, maybe he just has extra time tonight.

  8. 3 weeks ago
    Anonymous

    They didn't buy at $4 and want it cheap

  9. 3 weeks ago
    Anonymous

    FUD

  10. 3 weeks ago
    Anonymous

    [log in to view media]

    proof that eth maxis are truly the most insufferable homosexuals to walk this god forsaken earth

    • 3 weeks ago
      Anonymous

      give it to them Emin fuck their safe space

  11. 3 weeks ago
    Anonymous

    Fuck this crab dumping piece of trash coin. Going down faster than you can say double spend.

  12. 3 weeks ago
    Anonymous

    >pumps the least and dumps the most
    >roach coin
    >heavily shilled here (99% paid ads)

    whats there to like?

    • 3 weeks ago
      Anonymous

      reminds me of how Chainlink behaved last bull and then it went apeshit during the bear market. Could see the same replay for AVAX.

    • 3 weeks ago
      Anonymous

      this

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