/biz/ - Business & Finance

I sold my ICP because ICP is a scam anf moonman is a scammer. Might buy back a small bag below $3 again

This is programmed to go to 3 cents. Price is hardcoded see you at 3 cent. Marry you r bag & hold tight. Also AVAX is better buy

Me irl, wen moon sers

Based, im gonna make it

Soon, my curse will be a blessing

Based

HEy hey hey

>>54483007
The culmination of the rugpull, as was foretold. 3 cents valuation won't be a meme for much longer, believe me.
Dump this project NOW, while you still can.
Yes, I know you bought in at $60 per ICP when it was shilled by le epic racist moonman.
Yes, I know the fundamentals looked really good (kek).
Yes, I know you lost tremendous amounts of money on this shitcoin and deep down you always believed it would bounce back.
But it's over. There is no turning back for internet computer 'investors'. It's time to let go.

As a senior software engineer ICP gives off some red flags for me and here's why:
ICP at its very core uses something called Web Assembly (WASM).

WASM was born in Web 2.0 way before ICP was born and it was made in theory to boost web performance by providing a portable code format to run in browsers at native speeds. Sounds good in theory right? Well WASM never gained traction and it heavily flopped, no one is using it today because JavaScript is just that much more convenient and faster to prototype with as well.

The creators of ICP thought: What if we try to revive WASM but with a blockchain meme sauce layer on top by bringing it over to Web 3.0 and present it as some sort of revolutionary paradigm? Well it worked for them seeing how it lured brainlets from /biz/ and half of India into investing into it so kudos to them for pulling this off.

So why did WASM flop? That's because JavaScript is easy to write, and Web Assembly isn’t even intended to be written by humans, plus its most efficient code is generated by C or C++ source code, which isn’t for everyone either.
The only thing WASM has going for it is being able to do heavy-duty tasks on the web, but we have things like GLSL for that.

There is this truism that technology never dies.
Most big bank, airline, credit, and other very large systems still run on COBOL or other mainframe-era technologies.
In my line of work I still encounter VB6, PowerBuilder, and other 1990’s-era technologies powering mission-critical systems.

Knowing this fact, I think it's highly unlikely that the usage of the ICP blockchain will be adopted into the mainstream seeing how even Web 2.0 failed to adopt it.

The theory behind ICP was neat, but they forgot to take into account the actual reality/practice.
ICP was dead on arrival because it bets on the wrong horse as evident by its chart.
You need a blockchain project that can convince current traditional companies to switch over and this is just not it

>>52903286
>but please understand that in a few years 1 ICP may be worth thousands
lol. lmao even. Fucking icpajeets are hilarious.
The only way your shitcoin is heading is down, all the way down to 0.03 (ticker: 3CENTS).
Doesn't matter if you hold or spend on useless jpeg pics on your idiotic chain, they'll be worthless all the same.

>>52852452
Kek, the ICP chud is having another schizo episode.

Imagine being so retarded some stupid chinese scammer tricks you not only to give him $500 in monero but also to by a VC scam AFTER it rugs.
Never change /biz/

3 cent EOY

>>50374183
This is all they have left, their heavy bags and massive amounts of high concentrated cope.

>>50066679
WTF is this pajeet talking about? Nigger learn maths.

$20 average