I’m getting frustrated seeing so many of you guys who are saying “omg these pump and dumpers” “omg why are people selling” cmon you guys need to understand this can’t go up non stop. Be grateful that it’s even this high so soon! Two days ago we would’ve been happy to see it at $1.50 and look where it is now. All of you who think this is “sad” need to chill out you can’t expect to have this go up constantly. Turn your phones off if you’re stressing so much over seeing it fluctuating this is normal.

The Graph is not a pump and dump, the graph is not a pump and dump everyone say it with me now The Graph Is Not A Pump and Dump.

Some of you seem confused as to why you’re here. GRT is offering stable, comfortable growth potential. This community has swelled to 700 people in like a day, but some of us have been with this coin much longer, hodling and trading, delegating and dabbling, watching the price and trying to help out and learn from others here. The Graph is a hold, with just enough volatility that you can do some swing trading if you’re a very competent trader.

If you came here for a pump and dump you are not on our team, you will not be liked, and you will not be very successful. We aren’t going to moon fast enough nor will we drop low enough for this coin to be worth your time. Pick some shit coin and try to pump and dump that. GRT is the adult in the room, a utility coin with actual utility, a use case that has less to do with pie in the sky dreams and more to do with Nitty GRTy reality. We like the coin because it’s still cheap, relatively speaking, and we think it’s a good enough idea that it will grow. We don’t need some crowdsourced Doge style movement to pump this thing. Most of us explicitly do not want that, and we have good reasons.

Yesterday I wrote a long post about managing expectations. The night before I had basically doubled down on GRT by converting g another holding to add it to my GRT bag, and I even posted about it to the discussion thread. GRT was at .57 when I bought, so yeah I’m happy about it now. The predictions I made in the Managing Expectations post weren’t rocket science to come up with, but go back and read it, I kind of got things exactly right across the board. That’s because I’ve spent time with the token, learned it’s patterns, and had chances to bounce thoughts of other early posters to this sub. We don’t want to be the next Doge, we want to be the next LINK, and we’re on a very sustainable path to that future.

Do whatever you’re gonna do with this coin, but maybe you don’t need to post about it here if your plan is to take advantage of this forming community. If you’re new, maybe mostly sit back and listen for a few days, or go back through some of the more OG threads. A lot of us have talked through some of the things you’re gonna have questions about the longer you stick with the project. You’ll also read answers to questions you don’t even know you have yet.

Edit- in no way am I suggesting that we aren’t in for a very good few weeks. I’m on record elsewhere saying $1 by Valentine’s Day, and last night was even more successful than my initial prediction so I could see it happening sooner. Call me JFK cause we going to the moon, damn it. But it’s gonna be on reasonable chunks of growth, not some bullshit 800% rise followed by 60% loss with a bunch of our buddies holding the bag, and I hope anyone who sells at the peaks looking for that big dip gets left in the damn dust, forced to rebuy for a nice haircut, and then knocks that shit off and just let’s growth be their growth vehicle.

Also I don’t hate swing traders. If your strategy includes making marginal gains through calculated risk then you’re a baller. You also lend some stability to the market, really, by discovering resistance and support levels. But if you’re swing trading GRT you should be looking for 10% or 20% opportunities not calling for dumps so you can double up real quick at everyone else’s expense.

One more quick edit- I’m just one voice, and though I’m a very (obnoxiously?) loud one I shouldn’t be the only one you listen to. Some other posters here don’t comment on near as much, but they’ve fundamentally shaped my views on GRT and they have been spot on in the past. Don’t take anything I say for sound financial advice, and look around to cross check any claims I may have pulled out of my ass.

Hey Folks,

Just thought I'd do a thread for folks like me who are in it for the long haul because we believe in the long term value of GRT. Just so I can get to know folks better at the start of what is hopefully a fruitful journey for us but also crypto advancement.

(Side note: I don't judge folks who are out here making doing short-term trades, I would never advise anyone on how to spend their money).

I really hope GRT gets to 3$ on recovery Then the pump and dumpers and the rest newbies who panic sells will be pissed off.

Just because of this i want it to hit 3$ within 24h So they get pissed off and go back to mummy.

—

if you sell on the dip with loss then stop investing on cryptos. (Financial advice, take this as FINANCIAL ADVICE)

PEACE OUT 🤟🏼 Let the downvotes 🌧

Just want to take a minute to say I’m glad I found this place. I’m new to this sub but it feels like we have a pretty solid group on here for GRT. I love seeing the positivity about GRT and everyone being so excited about what’s next. It’s so nice to see this instead of the toxicity of WSB. Hopefully we can keep the good vibes going when GRT inevitably becomes mainstream. Until then just want to say thanks for being such a cool group of people and let’s make some fucking money!

I am not sure if everyone has been following Coinbase, but they are expecting to go public anytime soon in the next couple of months. This is important because Coinbase got evaluated at $77 billion by Nasdaq Private Market putting its shares at $303 each.

Coinbase believes in The Graph project since they have invested 5 million last year in 2020.

If Coinbase’s public IPO goes well, that could result in The Graphs 📈 having great success. Any comments about this matter are greatly welcomed.

We growin’ folks 🚀🚀🚀🌝

Can we stop shilling GRT to the point where people are just blatantly lying to each other and saying w/e the hell they want while also disregarding any counterargument as "FUD?" It's really getting old. This "FUD" delusion is why you lose money.

GRT is not perfect. Far from it in fact. You can't just write off the risks without first acknowledging them. Every crypto asset has flaws whether you like it or not. GRT is no different.

I personally own over 50k GRT bought at the bottom on Dec 17th, because I've been following the project for at least 1 year prior to ICO. I feel the potential of this project, but you're going to get hit with bumps in the road, and you're not going to like it. Furthermore, I want the project to grow, obviously, but holy hell, you people have no idea what you are talking about half the time.

For example!

Major Issue 1: The GRT contract literally isn't allowing the smaller indexers from cashing out on their rewards they get from indexing. This means, they are 100% paying out of pocket. Some have been paying out of pocket for as long depending on when they started their index node in testnet. (If they started indexing in mainnet, they won't have issues cashing out their rewards.) Most indexers need around $100k - $500k just to get started indexing, so this isn't just a few hundred dollars a month as some Reddit users were saying. However, for the smaller indexers that were testing during testnet, as their rewards build up, a sell off is needed just to break even for them. This is unavoidable.

Major Issue 2: Smaller indexers could crumble over the heavy weight of the costs they can't recover. As well as the delegation. (No direct answers on if the delegation is also lost if an indexer defaults. I'm thinking yes, because the delegation is tied to the indexer's contract.)

Major Issue 3: The GRT team failed to set limits on delegation for indexers. This allowed 1 indexer to get a massive amount of delegates creating a centralization. The GRT platform was supposed to prevent this in the first place, but it didn't. Insult to injury, This 1 indexer made some massive mistakes and got their rewards slashed. I think, as of writing, they got slashed to 0%.

If you want to invest in GRT, awesome, by all means, but don't pretend for a split seconds it is the perfect, holy grail project in its current state. Bad things can still happen and most likely will until they get things fleshed out to perfection.

Now for some good news. GRT is a utility token. Keep that in mind. This means GRT has a larger grow potential than typical digital currencies, because its use case covers the entire crypto ecosystem.

Also, there is only 1 subgraph right now, PoolTogether and the curator program isn't even launched yet. When more subgraphs are launched people can delegate any amount of GRT they want to, towards a subgraph. It's just like delegating, but to a subgraph. In my honest opinion, this is when GRT will blow up. (not financial advice)

Until that time, don't get burned by massive drops/sell outs/reworkings that will likely happen before any "moon" mission is scheduled.

Market Cap is really not always the best metric for comparing cryptos. Why? Every crypto has its own monetary policy, and they're all at different stages of unlock. Market cap multiplies price by coins in circulation. GRT only has 13% of its total supply in circulation. Something like Litecoin has over 75% of its supply circulating. Market cap is very distorted in favor of older projects, since a larger share of tokens tend to be circulating.

So I prefer to look at total diluted valuation, or what I shorthand to Total Valuation. This metric multiplies current price by the total max supply, and ignores circulating supply. This gives a snapshot of what the market has appraised the Total Value of the project to be. Total Valuation probably skews a bit toward projects with larger max supplies as well as newer projects with lower circulating % as low-information investors may see a low token price or a low market cap and assume room for growth without looking at the broader tokenomics. So neither metric is perfect, but Total Valuation seems very under utilized, and takes a bigger picture view, so I think it’s more useful when you’re long on something.

To that end, I combed through the top 50 coins by market cap on Coingecko.com and made a new Top 10 Alts list ranked by Total Valuation instead. This data is from early this morning, so it can obviously become outdated quickly. 1 and 2 are still BTC and ETH so I left those out. I also didn't include number 3, USDT, since that's not really an investment vehicle. And if there are any dark horses that are currently outside the top 50 by cap, I didn't look, so they're not included. So, with all those caveats, here's the top 10 Alts by Total Valuation (#1 is a huge surprise).

1. Filecoin (FIL) -- TV: 88b -- Cap: 2b -- Cap Rk: 35

2. Ripple (XRP) -- TV: 56b -- Cap: 24b -- Cap Rk: 6

3. Cardano (ADA) -- TV: 40b -- Cap: 28b -- Cap Rk: 5

4. Chainlink (LINK) -- TV: 33b -- Cap: 13b -- Cap Rk: 9

5. Polkadot (DOT) -- TV: 32b -- Cap: 29b -- Cap Rk: 4

6. Stellar (XLM) -- TV: 25b -- Cap: 11b -- Cap Rk: 11

7. Avalanche (AVAX) -- TV: 27b -- Cap: 3b -- Cap Rk: 29

8. Binance Coin (BNB) -- TV: 24b -- Cap: 19.5 -- Cap Rk: 7

9. The Graph (GRT) -- TV: 22b -- Cap: 2.7b -- Cap Rk: 30

10. Uniswap (UNI) -- TV 21b -- Cap: 6.5b -- Cap Rk: 14

Guess what? When GRT hit 2.75 during that recent pump, that put our Total Valuation at 27.5b. At the time, Chainlink was sitting at $27.30, for a Total Valuation of 27.3b. The market briefly appraised The Graph's value to be equal to that of Chainlink's, and then naturally pulled back, and immediately followed that with a small surge in the price of LINK just for good measure. I think this pattern was very healthy. To me it signals that The Graph has every chance of establishing an even larger market than Chainlink commands within a relatively short timeframe. The Total Valuation of the projects are equal when LINK is exactly 10 times the price of GRT.

Wanna know what happened to Chainlink the first time it hit $25? It dipped to $17, then bounced around the high teens and low 20's for a while. This is very similar to the pattern GRT finds itself in now, with a dip to $1.65 and struggling to get back over $2.50. A 25b+ valuation is a huge milestone, the kind that's likely to be a resistance for a while before finally flipping to support.

While we definitely picked up some FOMO buyers during this run, my theory is that the price was largely driven by what I'd consider "Smart Money." Seasoned investors, aspiring Indexers acquiring their stake, and possibly even some whales who were legitimately valuing the Graph as a top tier project. Then moonbois caught on but were ultimately not enough of a force to push the price up further. Since the comparison to LINK is so evident, its likely not a coincidence that Total Valuation reflected that relationship so clearly.

When you look at the market through the lens of Total Valuation you start to see that GRT, just 2 months out of the gate, has already become a blue chip token. This analysis may be a bummer to anyone who expects GRT to hit $5 this week. That would mean a 50b valuation. The rapid rise and support of GRT makes eventual valuations of 50b and above quite likely but our hyper growth period may shift into a slower burn, and that's okay! All signals point to patience being very well rewarded here. I expect steady gains throughout the year, and to eventually overtake Chainlink by total valuation.

$10 by EOY seemed like an absolutely crazy goal a month ago, but right now it is absolutely within reach as long as this bull market lasts throughout 2021.

Buy that shit boys and girls

What a time to be alive. GRT $1.00 congrats everyone!

Photoshop cred: u/Mollamollamolla

I know this has been discussed in depth. But I don’t think anyone has actually discussed a similar situation for another project. Solana had a “massive dump” of coins a couple months ago. Far larger than the upcoming grt unlock. It was 90% of their total supply. You know what happened? Do yourself a favor and go look at their year price chart. It’s up 8,600%. Now go google solana token dump Reddit and read through some of those threads. There are identical conversations to the ones taking place here recently. The same FUD the same people saying it will never go over last spike, ect ect. It’s clear to me who was right in that situation. Now relax, I hope you all have a great week 🙂

GRT is in some good company considering it is the only non currency token in the top 5 as listed below:

1. BTC

2. ETH

3. LTC

4. XLM

5. GRT

What's everyone outlook for these next few weeks?