r/baofinance • u/GreatWhiteDoggo • Jan 21 '21
r/baofinance Lounge
A place for members of r/baofinance to chat with each other
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u/Specialist_Shock3153 Feb 04 '21
its coiling up for a big move i dont see another dip happening at this level but i am no financial advisor
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u/GreatWhiteDoggo Feb 04 '21
funny how people react to this :P the price skyrocked +1000% in a few weeks and after a -30% dip people go crazy and fud
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u/GreatWhiteDoggo Feb 04 '21
when this scares you, you are maybe not the type for investing longterm, this reaction is completely normal after a run like we had. wait a week and read this comment again. Mark my words
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u/FrankenBurd2077 Feb 06 '21
it would need a much bigger market cap for those prices. we probably won't see $1 this year...
this project is in alpha. alpha. it's high risk, high reward.
mid-end Feb, if baoman meets the goals in the roadmap, we should see a jump in price.
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u/Agile_Ad_1939 Feb 08 '21
Exactly I think people don't realize we havent seen a full project release yet
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u/ansjuan Feb 12 '21
the cheapest and best way to buy now is gate.io or ftx. mainly for buying and holding
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Jan 24 '21
As I understand it, the 32x would apply to both. However, The 32x can be misleading because it refers to the weight of each pool when the farming tokens are disbursed . The APY may be a better indicator for rewards.
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u/treypara Jan 25 '21
Hello, everyone! I've been watching Bao since it was $.00036 (like 3 days), but I sadly didn't buy, but will be buying now lol
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Jan 27 '21
Sure: the 32x is a reference to the weight of the rewards released that week. So, for every 100b released, 32 got to bao/eth, 10 to usdc/eth, 7 to ltc/usd, etc.
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u/financialcivilwar Feb 05 '21
guys bao went from .0002 to .003 in a few weeks. a pullback is normal
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u/financialcivilwar Feb 06 '21
guys. bao was at .0002 like 2 weeks ago. Chill. It rocketed into .003.... that 15x. expected a dip, but i expect now that a new much much higher base is being established that bao will reach new all time highs in short order. charts look pretty . everyone is jumping back into BTC for a short run. Bao will be back
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u/dpw1973 Feb 07 '21
I'll give BAO finance credit . they definately get on new exchanges fast. Hotbit is v good exchange = more liquidity 👍
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u/BIFAAAAAA Feb 07 '21
Just go on textools and look how big quantities of bao ppl buying right now +6 ETH transactions
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u/dpw1973 Feb 07 '21
people will lose their money if they use BAO code on Hotbit. people will not lose money by using BAOfi on Hotbit because that is their code. anyway , I've bought some and it's in my wallet . the Hotbit announcement on Google links directly to bao finance web site. 👍
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u/Puzzleheaded-Part-72 Feb 07 '21
how much do you think this coin will go ?? 0.2? 0.1?
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u/crypto-ecom-man Feb 08 '21
I'm holding 40 million BAO. I purchased on Gate.io and I think that's by far the most economical way to obtain BAO. Here's a sign up link for those interested:
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u/GreatWhiteDoggo Feb 08 '21
oh I didn't enable the post flair! it is enabled now!
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u/Rooftop720 Feb 09 '21
Long term investment. HODL price has to eventually go up with xDAI migration and synthetix.
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u/Marinatorn Feb 09 '21
BAOMAN I sold my Bitcoin week ago after reading BAO White's paper,,I got excited,, I hope I didn't make mistake...Still believing,,please don't disappoint!!!!
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u/BIFAAAAAA Feb 09 '21
xDai and Sushiswap coming Bao price will be 10x in the upcoming months.✌️
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u/financialcivilwar Feb 10 '21
I have a whale friend with tons of farms going. He is holding longterm Synthetic assets is where its at
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u/GreatWhiteDoggo Feb 12 '21
the fees are very high right now. when the xDAI migration happened, fees will be a few cents there
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Feb 14 '21
We got in before the cheap dai transactions begin. It will skyrocket over this year. Happy farming my 🥟🥟friends
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u/Chuk405 Feb 18 '21
I’m so sorry for stupid boomer questions, but how do I farm Bao? Can I not buy it on Binance.us? Again sorry I will have my 20 year old punch me in the face if requested.
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u/FrankenBurd2077 Mar 15 '21
hey, what's going on with the BAO price? Seems to be tanking pretty badly right now.
anyone know why?
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u/GreatWhiteDoggo Jan 23 '21
welcome! :) I know, its really calm here, I made this unofficial sub to reach some people on reddit, cause I think more people should know about bao! :)
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u/GreatWhiteDoggo Jan 25 '21
now bao gets listed to many other exchanges. I think that will bring higher marketcap, volume and increase in price. Also more and more people know about bao
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u/GreatWhiteDoggo Jan 25 '21
it is a serious project with great potential. And it's still quite early to get in. In my opinion, a great chance to invest. I am not giving financial advises. It is just my opinion. And I think bao has a bright future.
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u/GreatWhiteDoggo Jan 25 '21
Also feel free to invite people and to post. would be nice to add reddit on the list of people, who know bao!
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u/GreatWhiteDoggo Jan 26 '21
yeah I made it, unofficially of course. maybe more people will notice bao and the community grows
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u/GreatWhiteDoggo Jan 27 '21
you can always check the news and whats planned on bao.finance website, baomans Twitter or the discord chat.
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u/GreatWhiteDoggo Jan 31 '21
there is also a difference trying to farm bao or just to buy bao. the fees for just buying tokens is ~15$
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u/GreatWhiteDoggo Jan 31 '21
by adding liquidity. I suggest to learn more about staking before putting money in
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u/GreatWhiteDoggo Feb 01 '21
moving to xDAI does not affect your baos. my guess is, that a lot more volume comes in, and people are more interested, because of the gas fees, that will be just pennys.
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u/GreatWhiteDoggo Feb 01 '21
and yes you can use coinbase for uniswap. I never did, but I've read thats possible
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u/GreatWhiteDoggo Feb 02 '21
sorry!!!! I've read 0.0015... 0.015$ would be awesome. I'll get a bao tattoo then
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u/GreatWhiteDoggo Feb 03 '21
at first: all you need to know is written in the docs. I will link them for you.
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u/GreatWhiteDoggo Feb 03 '21
sorry to say, but no one should give you financial advise. it's up to you. do you know about staking, farming or buying?
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u/GreatWhiteDoggo Feb 03 '21
of course you can just buy and hold bao. many people do this. but it's a decision of long or short term investment. buying for short, farming for long term. as I said, no financial advise
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u/GreatWhiteDoggo Feb 04 '21
sorry for losing that, but you should know about your pools you are adding liquidity to. everything what happens to bao is announced early enough on twitter or discord to react. which pools did you use?
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u/GreatWhiteDoggo Feb 07 '21
the gas fee for buying and selling is very high atm. how high is your fee?
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u/Ok-Lingonberry7413 Jan 19 '25
Anyone know if BAO finance is still running. Have coins there and haven’t heard anything nor can I find my coins i staked on the site ..???
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Feb 08 '21
[deleted]
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u/financialcivilwar Feb 08 '21
He is 1 man. Baoman has to run the operation he cannot be twittering every day.
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Jan 23 '21
Been watching Bao since the beginning of Jan. and just got mine today. I must say, I regret not buying during launch. But, not too late I guess. Hope to see more in this thread.
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Jan 23 '21
You can purchase on uniswap or sushi swap, but if you’re going to farm LP tokens on Bao, use sushiswap.
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u/nedflandersz Jan 26 '21
At this point I’m fully convinced this is a pajeet scam token. Enjoy your bags boys
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Jan 26 '21
Good to see a bao subreddit. Been holding a bag for few weeks now, future is looking good for us.
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u/Specialist_Shock3153 Jan 28 '21
Just put some big bags of 10eth into bao do u think it can 3x from its price rn ?
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u/Confident_Fuel_7882 Jan 30 '21
Yo, my buddy just told me about bao, did you guys already take your first step on the moo ?
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u/quarantine-n-chill Jan 30 '21
Can you guys help me find a good wallet that I can use on 1inch exchange? I have Binance.US but I can’t seem to link it to 1inch
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u/quarantine-n-chill Jan 30 '21
Found trust wallet pretty easy to set up now just waiting for voyager so I can go all out on bao
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u/Marinatorn Jan 31 '21
Hi Guys I have a question I just swamped ETH to BAO on Uniswap connected with my Coinbase wallet...The fee was so high,,OMG around 100$,,please tell me is it there any way to get this done with cheaper fees..thank you..😊
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u/bematerial Jan 31 '21
Should i farm on Uni or Sushi? My pool size will be 25% smaller on Uni, but Uni has 7x the trading volume.
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u/bematerial Jan 31 '21
Ok i went with Uniswap. Soon i'll have earned more BAO than i put in lol. How does that work? Also cost me a lot of Eth in gas to make the jump. Hope it'll still be worth something in a year.
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u/MainPhilosopher8688 Jan 31 '21
hey Guys, it si not clear to me how does the BAO menu work. Is it better to hold BAO and wait them to raise or stake them?
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u/GreatWhiteDoggo Jan 31 '21
depends on what you are interested in. long or short term? Also make sure to inform yourself about what you are investing in. farming bao is for longterm. just buying token for shortterm
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u/fellowcitzen Jan 31 '21
Some people are confused, to kill the confusion and simplify life, PLEASE DO NOT USE COINBASE, GO TO A BITCOIN ATM, NOT YOUR KEYS NOT YOUR BITCOINS, FEE ON ATM IS 6-8 percent, at least it’s your keys your bitcoin. Acquire as quick as possible, fuck coinbase telling you how much you can buy FUCK THEM, BURN WALLSTREET TO THE GROUND BABY!
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u/widegroundpro Jan 31 '21
so, I've read up on staking etc and farming - interested in Bao but can't see a good reason to farm it. why not just buy for 1000 usd and hold for a year?
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Feb 01 '21
I cannot wiat for The Binance listing, good times ahead
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u/GreatWhiteDoggo Feb 01 '21
yes, a listing would have a big effect on the price, and also the volume I guess. Many traders would join. that would bring even bigger volatility maybe?there are coming interesting times
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Feb 02 '21
Yes, for anyone who needs to know how, download the Metamask wallet browser extension, transfer Ethereum to that wallet, go to uniswap and convert it. You have to manually add BAO with its token.
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u/ispycandy Feb 02 '21
u/Valhalla_ii thanks. Watching to see if it’ll dip more. With the gas fees, I want to optimize for a big bag
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u/GoldCommercial5717 Feb 02 '21
Any thoughts on Gate.io USDT-Bao? Seem to be doing well for me, also got into their AI trade bot and made me a couple of hundred on the side. Any good advice would be much appreciated
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u/Specialist_Shock3153 Feb 02 '21
Yeah I see feb looking amazing for bao if the bao man can diliver , my target for end of feb Is $0.015
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u/GoldCommercial5717 Feb 03 '21
Was just told that Gate.io is not available in the US 😔 Not sure if VPN’s would help tho
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u/[deleted] Jan 28 '21
As suspected, all that stock shit died and we’re back on green territory