/biz/ - Business & Finance

>>57256582

This anon is correct.

The lazy rugs are the ones that go up, then dump immediately after a few thousand dollar pump.

The more intricate scams are I believe a bot assisted program.

The scam dev has at least a couple hundred of wallets which all buy immediately.

The program monitors "outside" wallets, (You the target).

As the outsiders buy, the bots dump. The dumps continue as outside wallets continue buying and eventually the outside buyers slow down, then comes the big dumps from the dev's wallets.

When the token settles back down to low MC, the dev will make very large buys while continuing to shill and dump on any new buyers.

Depending on the dev's route, they may change accounts and start a "community take over act", bringing in more buyers and shilling "hope"

or the dev may just abandon the Telegram chat all together.

You have to understand that the people running these scams are usually midwits who have spent most of their life scamming and stealing so they likely are not writing their own dapp contracts or their own bots, they are just paying someone to do write the programs and editing a few lines of text to fit their next scam. They work with networks of other scammers and influencers like any other gang of desperate greedy thugs

They are fruitless people who build nothing in life, offer nothing.

This is why they often attack genuine projects, hacking, defacing, malicious intent of all kinds.

I have been around or dealt with people like this most of my life.

It's not going to crash. Real estate is growing all over the U.S.

It crashes when new neighborhoods are not being built. When population decreases, which it isn't.

There is this conspiracy that "depopulation" is a goal of the powers that be, however this isn't true.

Expect the world population to double within the next 20 years.

No, the ozone layer isn't falling apart, global warming is naturally happening as it has for thousands of years now, there is no food shortage, there is no shortage of land or farming resources, there is no shortage of water.

>>52683285
That depends on how well web2-web3 bridges performs on the long run

>>52430777
>>52430841
>>52431660

> literally of all his wealth comes from government contracts

You mean the government gives legitimate contracts, loans and grants to business owners in order to build and circulate the economic pool?

Wow, this must be something new and has never been done before in all the history of the united states.

>>52317834
Depends on how accessible web3 is being made to be

>>51704818
>Same goes for devs
>Hundreds of blockchains out there
Building dApps with a multi-chain focus. Can't see how that will work will work without a bridge to connect all the different identities across all of them.

>>51657791
This is one of the reasons why I am more comfortable using privacy solutions that do no use bridges are the most secured. That's probably one of the most common point of exploits

>>51529074
>LINK
>DOT
>ORE
I guess interoperability is the most clear utility in the space since it's directly involved in connecting multiple chains and making the space generally less complex for normies to interact with

>>51500887
Wrong. People are paying closer attention to it, especially now that the entry barrier has been lowered by identity management systems enabling single decentralized identity.

>>51427786
How about Web2-Web3 identities bridges? Speculated to be in a good place to drive mainstream adoption of crypto

>>51375328
It is way more complicated moving assets across multiple chains without an identity and asset management system to keep track of them from a single account.

>>51341452
>accelerate web3 mass adoption
Hitting the nail on its head; web3 development is hinged upon how how easily new users are onboarded from web2.0. This places a huge emphasis on solutions that are bridging web2.0 identities to web3.0 such that users can get things done from a single universal account.