/biz/ - Business & Finance

>>56266583
fpbp
>>56267031
kek
take your meds poomar
0.3c is the only true price for icypee

>>55614772
ICP lmao

>>55493898
of course it's the end game raheesh.
(for you)

>>55422844
>icp
>$50
bahahahahahahahahHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHHAHAHAHAHHAHAHHHAHAHAHAAHAHAHAHAHAHAHHAHAHHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHHAHAH

>>54919879
>>54919906
/biz/ is healing.

>>53182730
still overpriced.

This is great. We are heading back into the scammer range. I Can't wait to buy some ICP for the same price that moonman paid. How about you Anon? What is your price target?


LOG SCALE
$3600.00 - Bull run cycle high (Dec 21, 2024)
$2831.00 - SBF Scam Wick
$2000.00 - Expected bear trap in 2024
$1000.00
$0750.00 - FTX manipulated price at launch
$0450.00 - Reddit
$0250.00
/\----------(Baggie Range)----------/\
\/----------(Value Investor Range)----------\/
$0150.00 - Fair market value at launch
$0100.00
$0045.00 - /biz/
$0014.88 - Moonman's followers
$0010.00
$0007.80 - Dominic
>$0005.75 - (you) are here.
/\----------(Value Investor Range)----------/\
\/----------(Scammer Range)----------\/
$0005.00 - Moonman
$0004.00 - Private Sale (a16z, polychain, etc)
$0002.00 - TYLER A.I. from pm2012
$0001.00
$0000.75
$0000.50
$0000.25
$0000.10
$0000.07
$0000.05
$0000.03 - VC scammers.

>>49743145

More like 0.03

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

No adoption = No project

Please biz listen to me.

25% of the supply was bought at 0.03. They are still up 200x at current price.

We are actually in the beginning of a multi year bear market. Think of it, what would someone who is up 200X do ?

SELL of course.

Millions of coins are unlocked every month, it will go to sub 1$ by end of year.

MCAP is also high af, 3B fully diluted.

that's it.
I capitulated.
I lost 80% of my money in this shitcoin because of the 2K meme.

I threw all my savings at 5$ to lower my average. I have nothing to eat for now.

Go big or go home. If I ever find you moonman I will fucking destroy your jaw

It seem like only yesterday that moonman was here telling us all to buy ICP for $45, because it was about to go, "parabolic". Now, we are sliding rapidly to sub $1. Is it possible to go so low? Moonman said that A16z bought in around $4. Did they sell already? I really cannot believe that $4 is the bottom. It looks like we are going to hit 3 cents by August, and then maybe even go lower. I still trust in you moonman, but I think I might wait until we get to 3 cents before putting anything else ino this. What do you think Anon? Should I DCA at $4 like A16z, or wait for 3 cents?