/biz/ - Business & Finance

Daily reminder VC's bought in at 10 dollars and that's all it's worth

>>51400430
They bought lower than that....

>>51400430
Anon, I...

>>51400430
VC insider moonman claimed to have bought at $5, a majority of VCs bought at 0.03 cents.
Fair value is nothing, icp is worthless garbage and the only people who think it has value are paranoid schizophrenics.

>>51400419
I agree completely, and it's exactly why I just can't stop buying

Main engineer left this scam after making millions. Project is done for

>>51400560
oh vc's bought at .03 cents? show me that please

>>51400586
Kek imagine not even doing basic research on your own investments. This is you average icp bagholder.
Daily reminder AVAX has fully recovered from the icp fud and icp is only going lower and lower.

>>51400667
can you show me a link or not

>>51400676
Dyor stupid faggot. icp holders are the biggest faggots in crypto.

>>51400419
$2000 EOY

>>51400430
Relevant VCs, including a16z got their bags at 4 dollars, founders and early niggas (which were also eth early niggas since everyone saw icp as the natural next step to eth) bought for 3 cents, no one gives a shit tho, anyone who cares simply doesn't understand crypto

>>51400586

>>51400786
Why has icp failed so hard compared to eth?

>>51400750
What is this? did you just photoshop this?

>>51400750
nothing about vc's at .03 cents there

>>51401142
because its fake fud
no vc's were in at .03
only schizos and speds who had a few thousand dollars to spare
this is going to 2 digits, then 3 digits, then 4. and it'll happen quick.
some of you may know who i am by my writing style but those who don't - you best heed my words.
godspeed.

>>51400750
if only 25% got in at .03 this is actually bullish

>>51400796
thanks, nothing about vc's in there either
are you guys lying about vc's at .03 cents

>>51400796
The math here isn’t even close to adding up you fucking retard.

>>51401189

Who gives a fuck when anyone, including vcs, bought?

Is the price stable? Yes, its been bottomed for months.

Is it undervalued? Absofuckinglutely, icp is the best tech in the space and its not even close.

These are the only questions that matter. Icp is an easy 100x play, and long term it doesnt get any safer. The internet computer is the best tech in crypto, the foundation upon which web 3 shall be built, and a guaranteed longer term winner.

You losers wanna keep whining about vcs who got in at a lower price? i dont give a shit. Good for them. And good for anyone buying now, because buying now is unironically an opportunity of a lifetime to multiply your wealth.

>>51400804
It hasn't

>>51401132
Can you faggots read? Do your own fucking research. You could literally just look this shit up anywhere, it's very well documented.
>>51401142
Dyor faggot. Also look up what seed funding is. Fucking idiot.
>>51401189
This guy is a larper, and everything is his post is cope.
>>51401214
25% of the entire initial supply was sold for 3 cents. Faggot.
>>51401386
Holy fucking cope. Nice spacing tourist faggot.

It is astounding how stupid icp holders are.

>>51401293
>>51400796
>>51400750
i see online .03 cents was for seed and a cap of 3.9M. so really not vc's at that price hmm

>>51400796
When you tell people what they don’t want to hear they want to kill the messenger

>>51401466
VCs got in a project that had sold the first round at a 133 times lower price than they paid for, genuine question: do VCs usually do this?

>>51401511
it seems like this guy >>51401443 is lying

i gave up on icp last year and sold my bag to buy Matic instead, which was the smartest decision ever not only because its outperforming the top 20 coins, but also has the largest growth this year in dapps (400%), polygon is now powering over 37k dapps

>>51401486
Do the math on $121,000,000 raised at .03 and get back to me.

>>51401563
Kek, where did I lie? Again, you are clearly an idiot, so I will state this plainly. The majority of "seed investors" are VCs. Hope that clears up any misunderstandings, since again, you are very clearly stupid.
>>51401622
That site is wrong, Dfinity themselves claim it raised 3.9 million from the seed round. Math still doesn't quite add-up but I digress.

>>51401760
>The majority of "seed investors" are VCs.
prove it please otherwise you're just making it up
which vc's bought at that price

>>51400667
It's hilarious how impotent ICP's fud was to AVAX. Even if all of it was 100% true none of it stuck for longer than a couple of days

>>51401991
It’s hilarious how impotent avax tech is. All it can do is trade shit tokens and it’s “subnets” can’t even communicate with each other.

ICP was funded in part by Bexos, Gates, Zuckerberg and others. Doesnt get more bullish than that...

https://www.villageglobal.vc/
https://www.villageglobal.vc/portfolio/dfinity/
https://www.crunchbase.com/organization/dfinity/company_financials
https://www.youtube.com/watch?v=W5g4sPi1wd4

>>51402060
They raised over $160+ million, this isn't a nigger's project, this is the future of the web. Anyone who fuds ICP is either fudding their own bags, paid to fud, a jealous avax fag or a bot

>>51402060
Goodshare. Didn't know they backed the icp. kinda confused because in a way they are a competitor, not bill, but bezos certainly.

>>51400804
Imagine wanting to buy the outdated overpriced project instead of the promising underpriced one

>>51401443
>Nice spacing tourist faggot

Lol nice spacing there yourself retard

>>51402060
They’re invested in hundreds of things you think they are all home runs? Nah

I simply like the coin

hello ICP cucks
only 10000000000x and you’ll break even! lets gooooo
kek. glad i sold this shit at $22. took my losses and bought MATIC
development going crazy over there right now

peanut coin?

>>51400419
Imagine buying a coin called Internet Computer.
What a piece of shit.

>>51402059
avax baggies can never answer a simple question
how much does it cost to store an nft on-chain?
it's a simple question yet they cant do it
they just cant
because deep down all they care about is price go up, and have no idea that their web3 promises are purely empty
few

>>51401760
>>51401899
it was random anons across the internet dumbfuck
no vcs were involved at .03 lmao

>>51402924
>glad i sold this shit at $22. took my losses and bought MATIC
This but LUNC

>>51400804
>price dumped into oblivion so it must mean the project is shit
did you even try to surf the internet computer? there's nothing faster and smoother. i can deploy a canister that could power a full PS5 right at your fingertips. host complete metaverses without a flinch of lagg and scale beyond all L1's combined.

>>51401991
Avax. 15tps. Lololol.

>>51401443
I think this protocol has massive potential, the addressable market for ICP is web2. I also think that blockchains can or should do a lot more than just simple balance transfers. I think tokenization through erc-20 is nothing special. Every chain, FTM, TRX, AVAX, is bridging, leveraging liquidity from the Ethereum market through an Ethereum compatible bridge. ICP is issuing their own token standard. Two possible scenarios for the future it will either absorb erc-20 through integration or it might even replace erc-20. The way I see it, ETH2 gas fees won't change after the merge and ICP can run ETH2 through direct integration. This might take a few years, but hey, if we actually get there.

>>51401991


ICP has been in development since 2015. Avalanche since 2018 (Avax is a university project)

https://en.wikipedia.org/wiki/Avalanche_(blockchain_platform)

ICP has deployed 15 leading cryptographers responsible for the security of the protocol.

https://scholar.google.com/citations?view_op=search_authors&hl=en&mauthors=label:cryptography+DFINITY&before_author=gstV_6sCAAAJ&astart=0

ICP is one of the few projects that REALLY develop web3 infrastructure at a protocol level. Other projects that include good amount of cryptographers are Algorand, Ethereum, Nervos.

99% of the projects in this space are Eth forks, with their own custom consensus. Real cryptographers, real computer, scientist engineers, they build protocols. They don't copy some existing project and modify the consensus and call it Avalanche, for example.

Dfinity is a major contributor to bleeding edge technology in this space. (subnets, beacon chains, chainkey) Near protocol and Eth2 use randomness beacons developed by Dfinity. https://near.org/blog/randomness-threshold-signatures/ https://media.consensys.net/state-of-ethereum-protocol-2-the-beacon-chain-c6b6a9a69129

And there are alot of kikes here.

>>51401991
I'm not done yet.
There is a lot of FUD spread about ICP, the truth is always the first casualty of war. ICP exposed the truth that all other chains are cursed by AWS operational cost. They also exposed Single Point of failures through centralization, monopolization of API's by Fagman.

Building on ICP vs AWS-blockchain is 700% cheaper. Electricity has gone up 700% since the start of this year. If you want to attract developers, you need to price your services at cut-throat rates. ICP has decentralized the cost of carrier-hotels, this effectively allowed ICP to scale smart contracts to gigabytes in size and at a rate of $5 per GB vs $900k-1.2 Million per GB on Solana, Avalanche and $73 Million on Ethereum.There is a lot of FUD spread about ICP, the truth is always the first casualty of war. ICP exposed the truth that all other chains are cursed by AWS operational cost. Building on ICP vs AWS-blockchain is 700% cheaper. Electricity has gone up 700% since the start of this year. If you want to attract developers, you need to price your services at cut-throat rates. ICP has decentralized the cost of carrier-hotels, this effectively allowed ICP to scale smart contracts to gigabytes in size and at a rate of $5 per GB vs $900k-1.2 Million per GB on Solana, Avalanche and $73 Million on Ethereum.
Avalanche congested because of some 2D JPEG click and point game called crabada.com as a result the fees spiked. Polygon almost went offline because of some flower picking game.

ICP is the real deal.

https://status.internetcomputer.org didn't went offline during the Cloudfare outage, AWS outage, or any other legacy web2 vulnerability.

The FUD is here is mostly cope from pajeets that bought that $300, or jeets hating moonman because he is a racist or FUD from NFT flippers that want to increase the floor price of their NFT by bringing down the price of ICP. Or bagholders from INFERIOR web 2 chains, these web2 bagholders are terrified that ICP will make their .

>>51405960
>>51405984
>>51406047
top quality post ser

>>51405960
>>51405984
>>51406047
incredibly based

>>51400560

>a majority of VCs bought at 0.03 cents.
Fair value is nothing, icp is worthless garbage and the only people who think it has value are paranoid schizophrenics.

Bitcoin was free to mine, why are you holding bitcoin?
Avalanche seed sale was $0.33 why are you still holding a project that was bought by VC's at $0.33.

Let me know how it cost to host a website on the avalanche blockchain.
Smart contracts has been a meme since ETH debut. Partnerships and pilots are a meme, Hyperledger is free.
It's unaffordable for businesses to store data directly on the blockchain, all previous smart contract platforms failed because of the cost.
For the first time in crypto history, can all devs develop and deploy smart contract enabled dapps at reasonably affordable rates.

I could see Dfinity being funded by the taxpayer's money. It shows similarities with TESLA in the early days, the new inquisition on energy to cover up the deficit is just the tip of the iceberg.
https://www.coindesk.com/markets/2016/04/17/why-many-smart-contract-use-cases-are-simply-impossible/

>>51400804
Perhaps because it's not supported by ORE. No doubt, simple authorization processes encourages developers to built on the latter.

>>51400430
Daily reminder that Peetards will seethe at any legit criticism but won’t be able to rebuttal the complete sky dive downward -99% chart

>>51402924
this fucking REEKS.

Looks like it's dumping again.

>>51408212
Daily reminder exchanges, futures, and SBF are to blame for that.

>>51400419
ICP faggots are just like HBAR faggots. Every single one of them is autistic with a single digit IQ. They will never admit they've been scammed.

>>51400419
It truly is.
Why people still buy this shit is beyond me. I think it's like 4 anons here that incessantly post trying desperately to make back their losses. Move on. You were massively scammed once again by (((them))).