/biz/ - Business & Finance

>>49373215
3c

>>49373215
yikes

Change the name and I’ll buy a bag

>>49373215
how much did you lose?

>>49373215
I dont understand what icp is supposed to do. What the hell is a "world computer."

>>49373287
https://youtu.be/2vprRqTCjn0?t=62

>>49373236
dont buy tesla all these investment groups bought it for dollars

want to picked up a bag but i’ll wait for >$2

i feel like we have a long way down still

>>49373287
if you ask this you don't know what crypto is about and you'll lose money

>>49373215
icp is r1b

>>49373215
The Lord of Grantham says ICP $1000 EOD

>>49373236
fpbp
piss baggies btfo

>>49373215
please stop shilling this
the price must stay down long enough to accumulate a decent stack of 10k icp

>>49373599
keep waiting

>>49373559
Yes.

Coin goes down 99%

Bagholders "this is the next bitcoin guys"


Lmfaoooooooooooo vapourware trash scam, binance is delisting this shit soon and everyone now avoids Dominic the ceo of dfinity

LMFAO

>>49374544
Dominic and his band of thieves must be stopped.

>>49374544
>Binance is delisting this shit soon
Please tell me this is real.

>>49373215
>Bro, Like.. okay so. Hold on. *Hits bong* “KHOFF KHAK KHAK ACK” huh? Oh yeah. Well it's like the Internet and the computer, but all in one. You get it man?? This is huge. Like the Blockchain man.

>>49373215
ICP:
>What Is the China ICP License and How to Get One
>Insane Clown Posse
https://www.psychopathicrecords.com/

SO GAY AND USELESS SHITCOIN

>>49373215
This is cringe and huge red flag, any crypto that compares itself to others and claims to be the next evolution always turns out to be a jeet/chink/Jew rugpull

>>49374925
>>49375239
>>49375262
Based. Fuck these clowns. Sell your pees NOW

>>49373215
nigga, fuck this piece of shit blog chain

>>49373255
I think they voted to change it to Dfinity.

>>49373255
I told that to international business machine. But IBM ignored my letter

>>49373215
fuck off faggot, also kill niggers and jannies

>>49375274
No.

>>49373599
It already is >$2
You don't even understand the elementary mathematical symbols you use, of course you're fudding ICP.

>>49373777
Based trips always a good sign before a bullrun. 777 has blessed this thread. Chainlink to the moon

I'd rather buy it at 100 dollars so I know it's a good investment

>>49373215
you realize how many vapor shitfags and bagholders have made this exact same image over and over again?
BTC ... ETH ... MYBAGS
kill yourself dunning kruger faggot
enterprise blockchain is an IQ test
and you failed

>>49373215
enjoy the icy piss faggot

>>49373741
gay

>>49375274
No. Kys

>>49373215
>infinite blockchain
what is the usecase? since eth is basically a virtual machine you can kind of build anything on it, you're just limited by gas fees and shit.

>>49374386
There's plenty of time. Bottom will be in 2023 around $2-3. There will be a minor relief rally some time in the next few months for the whole crypto market, before the multi-year bear market truly begins, so don't be fooled into thinking it's not going back down when that happens. ICP will get a significant amount of attention due to out performing all other cryptos during this minor rally, setting it up for a massive pump during the next bull market in 2024-2025.

>>49373287

Here is some pasta summarizing ICP:

For the non-technical frens out there buying into the hype. ICP consists of three parts

> ICP "the coin" or "the platform"
> Motoko the programming language
> Web Assembly ("Wasm") tying the two together

Here are some red pills - the idea of Web Assembly has been around for decades. It's supposed to be a technically pure standard for web development. Except no one cares. ICP hired some used-to-be old folks who are using ICP money to try to make this dream they started three decades ago a reality (long after Google passed on it). Except the dream is dead. "Motoko" is much the same - it's a language that has some good semantics (supposedly) and works well for "web containers" that can communicate with one another. The problem? Again - no one cares. K8S and Azure/AWS/GCP already do this.

Finally, ICP the plaform. As far as I can tell, you pay coins, someone runs the hardware for you. One "appeal" I forgot to mention is that ICP "container" apps are supposed to be language agnostic - "run anything anywhere", except they only support fucking Rust and Motoko1. The other argument is "no one can take it down" - yea, try running a gambling site on it and see how soon you get a knock on your door. That's all I can say on that.

tldr: Devs don't want to use it.

Oh, and you can't use it if you aren't part of the secret club: https://youtu.be/A5IYLmqr6YU?t=195

---

Arguments FOR ICP:
• Vitalik Buterin said that ICP is the strongest ETH competitor5
• They are integrating with a ton of banks / banking orgs5

Sources:

1. https://www.youtube.com/watch?v=xCuZFwAHS1Y
2. https://dfinity.org/howitworks
3. https://smartcontracts.org/docs/quickstart/quickstart-intro.html
4. https://dfinity.org/whitepaper.pdf

---

5. Third-party video with a negative outlook on ICP from late 2021: >>>/o/25240175

>>49373215

Absolute cope. 2021 "the future of web 3"
> 5 year head start in development
> where's defi
> where's btc integration
> where's eth integration
> where are the web 3 partnerships
> where's the end of neuron unlocks
> where's the max supply
> where's the bottom

>>49378641

I genuinely don't even understand where the value proposition is in the first place, once you strip out the buzzwords.

>>49373236
43c

>>49375678
No, it was up for a vote but everyone at Dfinity voted not to change it.

>>49378744
You wouldn't have understood what the value proposition of the internet was in 1950 either because you're short sighted

It's called internet computer lol

>>49378510
don't know where the bottom is, but I'll keep buying
doubt this will ever go under $4

>>49379083

Right, now try to follow what I asked in >>49378744 and

>strip out the buzzwords.

Let me show you. 1950, internet - send information instantly, effortlessly, and cheaply to anyone in the world, as was never possible before.

>>49378570
I don't think it's argued that no one can take it down. Dom himself in his 2018 speech about DFINITY and ICP he said the Neural network system is where people can vote off things like a ISIS slave trade site.

>>49379193
https://youtu.be/2vprRqTCjn0?t=1210
link to what I'm talking about

>>49379141
The use of ICP is back-end, if you're not a developer you won't understand this but it gives you a single interfacing layer for all services so to allow service granularity and composability. You have a global bank of services at your disposition at all times that you can conjugate in order to make up a new service. If you don't understand why this is interesting just watch Chris Dixon interviews to understand why you don't understand, he puts it in terms of new technology having to be around for some time for it to become evident to the average person what the use is. Hopefully you're not a paid Solana shill making me type all this when you're not actually curious

>>49379440

>The use of ICP is back-end, if you're not a developer

Except I am an architect that understands that you can spin up an app instance on AWS/GCP/Azure or a Cloud Function, genuinely in any language, in 5 mins. Or if you want your app to run on any hardware, you just put it in Docker.

>a single interfacing layer for all services so to allow service granularity and composability. You have a global bank of services at your disposition at all times that you can conjugate in order to make up a new service

What is a REST API for $100.

>Hopefully you're not a paid Solana shill making me type all this when you're not actually curious

Missed the Solana boat. Admit that I don't understand what the hype was even in retrospect.

I actually hold a tiny amount of ICP @ $50, but genuinely think it was a mistake. I am not even bitter, just doing research in the interest of >>49376101. Funny that the thread I just linked is dead. Seems like /biz/ really is just shills nowadays.

How does Flux compare to ICP?

>>49379810
It doesn't

>>49379011
LOL

>>49379800
You should sell and stop obfuscating threads with your lack of vision and low iq, see you in 5 years

>>49373236
btc faucets use to give 10 btc for free, its basically worthless people got thousands for free

>>49379894

> try to shill somewhat intelligently, while implying someone putting down ICP doesn't understand the tech
> get a reply showing understanding of tech
> go back to useless generalities

Not sure what else I expected.

>>49379440
>it gives you a single interfacing layer for all services so to allow service granularity and composability.
Okay but what does this achieve that can't already be done faster and cheaper elsewhere?

>>49378570
>Third-party video with a negative outlook on ICP from late 2021
Does anyone know what this was supposed to link to?

repeat after me :

I SEE PEE

>>49373287
Its the internet but somehow less decentralized and worse

>>49377087
ICP is today what ETH wanted to be 5 years ago and never became. We speed transactions at infinitesimally small fees. A world computer based on blockchain technology

>>49373215
Isn't the NNS a centralized piece of shit? Also nodes have to be entire data centers which centralizes it more. Even in a best case scenario it's at least a decade until this has any true form of decentralization. Also the "trustless bitcoin integration" is just trusting 2/3s of these data centers to operate fairly which is the exact same thing as a bitcoin bridge.

>>49382535
For now yes but gradually within the next decade millions of people will be hosting nodes on the Internet Computer

>>49382571
How will millions of people get access to functioning data centers in the next decade?

I like how you try describe a simple thing in the most complex way you can imagine.
It's just a platform where you can host your website and it's decentralized if someone cares.

I think there is also some cross site compatibility but I guess it's only a concept for now.

I do think that it will give a good ROI it's a fucking AWS that you pay 5$/year for hosting 1GB. I think boomers will swarm this project next market cycle.

What I don't like about this project are these ugly ass URLs. They look like you're about to get phished

>>49382795
Your personal computer will be able to host a node

>>49382972
finterest.ooo

>>49383042
I know that you're able to point a domain to other website (if I'm not missing a point) but it still looks ugly as shit, imagine going into your bank's website and the URL changes when you enter it, most people wouldn't trust that. Someone have to come up with a solution for that.

But I still think that it might be a big building block in the next bull market. Everyone will be talking about the web3 and if there will be a pressure to be 100% decentralized then they will have to host their website on ICP.

>>49382972
>it's a fucking AWS that you pay 5$/year for hosting 1GB.
You don't add decentralization to cloud computing and get lower costs. It just doesn't happen. There numbers are skewed in some way to present this as possible.

>>49383168
They are working towards that I believe, but it's not the first priority since they want to get other things done ahead of making it easy access and boomer friendly.

>>49373215
cucked VC distribution
it would be a shame if someone forked it and distributed the cones to btc/eth holders

Wasn't ICP sold to VC"s for like 10c and they dumped at $100? kek

>>49383447
ETH sold for 30c

>>49379141
>Let me show you. 1950, internet - send information instantly, effortlessly, and cheaply to anyone in the world, as was never possible before.
"You mean like a telegram, or a radiofax?"

HELP

>>49383468
Regular people could buy eth early, icp was vc only

>AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

Test po5xyyyst

>>49380844
Thinking development is faster in a walled garden internet is just not understanding what a global interfacing layer is, I'll stop replying to you tho don't bother to respond to this

>>49383199
>>49383199
Except it does, ICP is already cheaper to run a service on than AWS, your small brain just thinks running a service is 100% storage costs when it actually involves a lot more, like reading the data stored (downloading it). Regardless of this, in a few months when specialized subnets are implemented (with lower replication factor) cost will go down to $1/gb/year becoming a direct threat to AWS and Azure on that single metric as well

>>49383557
You can buy ICP early right now but you still won't and would probably buy the top later like an idiot. Real ICO was at $4, the 0.03c was for angel investors and had a limit of $10k

>>49382795
Anyone can run a boundary node, to deliver information and contribute to censorship resistance. Also data centers are only required for the high performance subnets, you can be a node in a shit performance subnet, you have a small brain please sell your ICP and don't come to this thread again

>>49373215
Anyone who unironically believes this should be shot on sight for being a gullible retarded fuck.

>>49384373
>>49384328
Based and icpilled

>>49384329
>he 0.03c was for angel investors and had a limit of $10k
But they got 25% of the total supply at 3c which is the only number that matters.

It’s over skull bros…

>>49385405
Initial supply

>>49385808
But I don't believe ICP will have value long enough for them to be significantly diluted by new ICP being minted so this is irrelevant.

>>49378570
>It's supposed to be a technically pure standard for web development. Except no one cares.

Because it's still in its infancy, massively so.

>>49376370
don't ever compare this shit to ibm

AHH HELP
I'VE FALLEN DOWN AND CAN'T GET UP

>>49386048
why did your dad build ibm
both have shit names that's the only point being made

>>49378570
>K8S and Azure/AWS/GCP already do this.

This goes for ETH and all smart contract platforms as well

>>49385950
That’s the risk. If ICP achieves what it states on its website and receives a decent amount of adoption of the Web 3 bs it has a very good chance of doing a reverse head and shoulders. If it doesn’t meet any of its goals it’s gonna be dead in 2 years.
I have a 1k stack since I think the risk is worth it.

>>49379800
>What is a REST API for $100.
you mean what is a rest api that can be shut down at any time if they feel like it, wiping out your entire business model

>>49385950
either the tech works and this is no issue or it fails. if you don't think it works then don't buy

Dominic is literally hitler in the office. He goes around slamming his fist in desks and spitting on the floor(common in Europe I guess?) He treats his HR so bad its unreal

ICP is a scam and Moonman is a scammer.

Good. Keep up the fud and convince dipshit normies not to invest.
I want to see these niggerfaggots stuck eating the bugs and living in pods.

>>49387433
Quick, push out link is more than icp

>>49373215
>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.

Cringe

>>49387737
pretty much this, i was expecting at least something useful to be released on icp like a derivatives dapp or something but there's nothing and even all the btc/eth integration shit gets pushed back indefinitely. This shitcoin will dump to under $1 easily at this point.

>>49373215
here’s a screenshot of moonmans email. hes a retard>>49373236
>>49373252
>>49373255
>>49373260
>>49373287
>>49373387
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>>49387766
>>49388095

>>49388095
I think eth got cancelled but yeah btc keeps getting pushed back is concerning. Still think the 1k stack is worth the risk eventually. Also got seechan coming soon

>>49388138
go ahead make screenshot
what a chink

>>49379440
>a single interfacing layer for all services so to allow service granularity and composability

>>49389304
That's why you evaluate technology and which is most likely to take over, when it comes to interoperability there actually isn't much done, you have things like DOT and COSMOS that only interoperates between chains with very specific cryptographic primitives, i.e. dot parachains or cosmos-chains, so this is useless. When it comes to real interoperability you get things like CKB that offer a multi-layer approach and DAG with their state channel approach (actually interesting) ,but they're not even close to dfinity's Chain-Key cryptography, that allows you to sign txs directly on other chains and a plethora of other things. Feel free to tell me about projects that idk about or explain how I'm wrong

BITCOINU BSC IS LIVE, BIG CALLS INCOMING, STILL VERY EARLY!

tg bitcoinubsc
0x dd87022c1c1206fc0951051e424dbb527b953120

I lost everything, dont buy icp

>>49379800
you're extremely blue pilled. everything is fine right? we'll just use aws/gcp/azure for the rest of our lives

you think amazon/google/microsoft like crypto?
eth, solana, every single l1 other than icp host nodes on their clouds and can be turned off at will
big tech executives are already lobbying against web3 to politicians. they have and will shut off their cloud services to anyone they deem their competition
the #1 risk to companies now is platform risk. icp solves this, you just haven't realized it yet

>>49393872
this is all about platform risk and investors are very aware of it as well

>>49393750

> The future of web 3
> Never ending dump by VCs & early rounds for years

Enjoy your bags. This shit won't make real money for decades if even.

>>49388269
Eth integration is still happening, EVM intergration is what got canned which is unironically a good thing as eth is beyond cucked and a joke at this point have a look at what happened to roachvax when they onboarded it

>>49395399
Look at eth nfts and look at icp nfts, but eth is garbage?

>>49395820
Lmao NFT quality the ace up your sleeve? Yea eth is garbage it still cannot scale, has high gas fees and is slow as fuck literal dinosaur tech now and avax got btfod when the onboarded EVM with the same problems, check out the below guys EVM quick clip for some more clarity , it's the 4th most recent vid in his library

https://www.tiktok.com/@crypto_is_good

Here's the only NFT platform that even matters
https://twitter.com/ORIGYNTech?t=DSmku7QeDIwALcf82UMGVQ&s=09

>>49388269
ETH isn’t cancelled kek. This place is filled with so many smooth brains it hurts

I have 165 icy pees staked, will I make it

>>49398154
You need 183 to generate 1 icp per week.
Shoot for 366, and you’ll have 100k in passive income in a few years.

>>49373236
still won't buy it then

>>49399125
Just 183? That can't be true, how? I thought it was way higher

>>49399640
Sorry, I was actually wrong. Rewards changed since old math was done.

8yrs * 52wks = 416 weeks
343icp * 8yrs stake =416.08icp

So you need 343 ICP locked in a neuron for 8 years, to generate 1icp per week in passive income.
Assuming it hits $1000 per icp, you’re looking at 52k year. 104k year if it hits 2k, etc.

>>49394154
>>49393872
exactly this. People don't realize how unstable their platforms are until they get shutdown. The NNS > AWS or Azure CEO deciding the fate of the platform. I've seen sites get taken down for spreading misinformation against covid. They control the narrative, true wealth is created by dissenting against them

>>49391083
>DAG with their state channel approach (actually interesting)
Why has nobody ever built financial instuments on DAGs if the technology has existed since the 90s and high frequency traders have been experimenting with them since then?

>>49373215

>>49373215
Nice reddit post. Have a donut. You should have used a different flare though.

ICP has created a new internet that runs on top of blockchain technology. I don't consider it an L1 like other smart contract platforms, it's something completely different. What surprises me is that the XRP schizos haven't caught on to it yet. I guess they are focused on the Flare launch but they are missing out on something big. Even some of the riddlers are starting to give clues but their community are too stupid to put the pieces together.

>>49400310
i have 450 staked for 8+ years and i get a 1 ICP every other day thanks to the spam governance proposals.

>>49400725
Ummm. Icp canisters can also be turned off at will. If the NNS creates a proposal and it's voted majority yes. You go bye bye. Ain't nothing you can do about it.

>>49405337
What the NNS does is basically create a ransom. And once you can buy neurons WHICH PEOPLE ARE WORKING ON. You no longer have to be committed to the internet computer to vote. That means if you want something off the IC, it's being held at ransom. You will have to buy their governance tokens or buy a neuron when they create that and vote it off. The NNS will be devastated once you can buy neurons.and even if it's just creating neurons from your tokens it's still flawed because each vote is bought. Those with money can do what they want.

>>49404099
this, 1k in 8yr dd and get 1 pee per day

inter njet computer

1k staked on Binance and getting 1 pee every other day or so. Don't have to be locked for 8 years.

>>49373215
bump

>>49403781
riddlers?

tl,dr

>>49405337
> I don't want to have power, I want Bezos to have power

You're so clueless it hurts

I'd rather buy at $90 than at $7. This needs to prove it can go up aga UK n before wasting money.

>>49403781
Its not an L1 but L0

>>49405399
Thats the entire point of DAOs to begin with, also its no different from PoW/mining if you control 51% of the network then you can do as you please since you can validate/verify on your own and none of 49% can do anything about it.

>>49406421
Theres a reason why Binance had to stop withdrawals a couple of months ago, dont be left holding paper ICP IOUs. Not your keys, not your coins.

>>49405917
>>49407171

>>49409244
works for me, but that just reads youtube and plays it tbqh, use dsocial.app instead.

>>49405399
so you're basically just describing a 51% attack. Nice

>>49405399
So youre saying were gonna be rich right?!?!?!

>>49373215
this thread has been up for 2 days. we are in a bear market

>>49379800
Solana is another chink scam, why do you think their network goes (((down))) sometimes?

>>49414822
*jewish scam
ftfy

>>49373215
https://74iy7-xqaaa-aaaaf-qagra-cai.raw.ic0.app/