/biz/ - Business & Finance

Heading back to the $5 range, nonstop dumping going on.

Brutally rejected by $21

Better sell before it is too late and is back at $5

Your last chance at generational wealth.

should I buy it? looks like it is critically undervalued.

>I see pee

I sold because it wasn't going up, now it's up 25%
HHAAHAHAHAHAHAHHHA I'm going full coringa

>Fucking dies

What killed the hype?

I'm a developer with an IQ of 138, I've thoroughly reviewed the Internet Computer Protocol (ICP) white paper and documentation, along with various blog posts, including those from notable tech companies. Here are a few reasons why I would hesitate to use ICP for my applications:

The current state of the "mainnet" lacks true decentralization. There's no effective decentralized method to evaluate the performance or reliability of a node provider.

The development progress has been slow, taking them years to essentially create centralized nodes, which is not particularly innovative since such systems already exist. This casts doubt on the future prospects and the capabilities of their engineering team.

The white paper fails to clearly outline a viable transition from a centralized framework to a decentralized one. They touch on "decentralized" reputation systems in a superficial manner, as though the challenge of creating a Sybil-resistant decentralized reputation system is a secondary concern, despite it being a significant, unresolved issue in computer science. With years of development time and substantial funding, the lack of detailed technical specifications for this aspect is concerning. It reminds me of promises from other projects that claim they will solve centralization issues in the future, which often remain unfulfilled.

There's a lot of media buzz about partnerships with major tech firms, but a closer examination reveals that these are often overstated. For example, a tech giant's blog post might be misconstrued as a partnership when it's merely a demonstration of how ICP could potentially integrate with their services. There's no evidence of these companies committing to use ICP themselves. Moreover, if such companies decided to enter the node service market, they could likely replicate ICP's functionalities without much difficulty.

Anything under $50 is dirt cheap

>>57603977
pic related is the only project that can scale to the level to host all RWA's 100% on chain

Why the fuck would anyone invest their time to start building on the internet computer or put their money in it if a centralized point that controls the entire network? The network nervous system only has to get a winning vote to stop your supposed 'unstoppable, autonomous, and sovereign' code. All this advanced cryptography and for what? To be ruled out by the whales and vcs who bought in early?

You are now in a lot of mental distress.

s8wkvm

Where is the announcement?

/biz/ somehow always manages to never not be wrong, it's baffling

Next stop $20

Will this do anything other than crab?

$16 waiting room

Daily reminder that ICP is deemed a security bu SEC. Link and Avax are not.

The supposed 8 year long staked neurons are dissolving instantly. ICP is rugging https://dashboard.internetcomputer.org/neurons?s=100&sort=desc-stake_e8s

Newfags be careful

ICP is a vc scam.


>High inflation
>Infinite supply
>Centralized
>Nobody uses it
>VC's own most of the supply
>down -99% from ATH
>dfinity is hosted on AWS
>Sold to vcs at 3 cents a piece

It's just another so called eth killer that will fade into obscurity after a while.

>>57212962
BITCH I GOT THAT ICP