/biz/ - Business & Finance

>VCs loaded up and purchased $10 000 worth of ICP at 3 cents a piece ($0.03)
>private investors and other early buyers loaded up HEAVY bags with 6 figures below $1 and $10
>ICP was listed above $2000 on Coinbase and Binance before stabilizing around $600, then $400 for like one week
>kept dumping since then, non-stop, thanks to retail, boomers and latecomers happily providing exit liquidity at the top of the crypto bubble thinking they were investing in revolutionary tech
>turns out that it's YET ANOTHER centralized vaporware scam that does NOTHING and doesn't build anything outside of a gambling DeFi platform for holders to lose even more funds in NFT scams (useless in bear markets and intrinsically worthless)
>almost everyone on /biz/ saw through the shills and their attempt by rightfully calling it a scam back in May 2021
>months pass
>eventually some faggot chink shill who probably wanted to cut his losses starts promoting this scam to the /pol/ subset of lurkers who browse this board when ICP was trading at $70
>he succeeds because he was lucky enough and made calls that were decent in the past
>but more importantly the 1488 bait and muh racism were enough to attract the lowest common denominators
>ICP keeps dumping
>Mario 64 on ICP is a nothing burger and gets shut down
>ICP keeps dumping
>ICP keeps dumping
>ICP keeps dumping
>bear market is confirmed
>ICP keeps dumping even further

ICP is probably the second biggest scam to ever grace crypto, with TERRA/LUNA being in the first place and Bitconnect in the third. Compared to these two however, ICP and the Dfinity foundation are still fooling the drooling retards who were dumb enough to fall for the "tech in crypto" meme. Not even pajeet chasing shitcoins are as retarded and gullible as those people.

If you bought, held and lost money on ICP instead of ignoring it or swinging it for sats/dollars you are worthless human trash. Even a pajeet nigger on BSC is smarter and more sound financially.

>>29058354
>>29058355
>>29058636
>>29058814
From now on this is a ZNN thread.

> website
https://zenon.network

>Trading
https://www.coingecko.com/nl/coins/zenon

> Everything you need to know about ZNN
https://shazzamazzash.medium.com/zenon-network-an-apes-guide-to-the-galaxy-7aad7dacdfef

> Moonpaper
https://de.catbox.moe/26kuuh.pdf

> Based Bitcointalk announcement
https://bitcointalk.org/index.php?topic=5279643.msg55303681#msg55303681

>Syrius Zenon wallet introduction
https://youtu.be/t6A7vKhp-MY

> based anon explanation
What is it:
Incredibly fast, almost infinitely scalable state-of-the-art DLT. It combines the block-lattice architecture that was first(?) used by Raiblocks/Nano with a DAG that exists as a separate layer for the consensus. The block-lattice handles the transactions. It's going to be used to scale Web3 dapps as a L1, and also process transactions as a L2 chain.

Who does it:
This is an independent, open-source project and will probably be run by a foundation similar to Ethereum and Cardano, but I'm about 99.5% sure its backed by Square. I can enumerate the zillions of times they have hinted as such if I really have to here, but you can search for old biz posts on Zenon here and also on Warosu.

Square will likely use it to scale Bitcoin transactions where the default payment for merchants and Cashapp users is made in BTC, and then they can set it to dollars or pounds or whatever afterwards.

Its open source and not owned by Square, like how Node.js isn't owned by Google but has wide adoption. They'll easily recruit 1000s of legacy web apps for this bc no code changes are needed, and also dapps on Ethereum will easily switch over.

>>28882296
>already mooned

You do know that it hasn’t even reached it ATH in sats. For ZNN OGs the project was only an idea they had to trust. Now they’re in private alpha, they are more bullish than ever and are buying more, that why the price is pumping since alpha. But thats only 30 people, imagine what will happen when this thing becomes public next week.

>23 posts by this ID

>HMNY 0.10

this stock is comedy gold.