/biz/ - Business & Finance

>>59235750
First of all, you should have known what you were in for before even investing in icp. Secondly, cycle burn rate is primed to take off considering that orthogonal persistence is completed with the latest stellarator update. I wouldn't be surprised if the token goes deflationary in mid to late 2025. But, if you feel so poorly about the token, just sell and buy the latest meme coin. Just don't cry whenever the god candle hits (it will be glorious).

We need about a 5x from current burn rates to go deflationary. Compared to 6 months ago, we are already up 500x.

>>59235750
kek baggie

>>59235788
A fucking closed source Bitcoin fork that nobody believes is doing real proof of work single handedly contributed to that burn rate and burned more in a month than this shit chain disy in four years, and it still can't break a dollar because none of the VCs or investors have ever spent a single dime supporting this ecosystem and just want to grift as much money as easily as possible.

>>59235846
I support Bob because it pumps the cycle burn activity. I couldn't care less what work is being performed as long as people are performing computation.

Having said that, the real future of ICP is with AI agents running 100% on chain.

Sounds like you should have invested in some inferior tech marketing pump chains, maybe something like SOL or SUI is a better investment for your portfolio.

>>59235788
I'm an ICP maxxxi, what does any of this even mean? Is the price going parabloc, apeshit, crazy bananas, without needing a gigantic marketcap? Why should my dick get hard when niggas say shit's deflationary?

>>59236966
Deflationary tokenomics implies that there are more coins being burned than minted, leading to a limited supply. Laws of supply and demand state that with the constrained supply, price will rise naturally. The thing is, with ICP, Once the token goes deflationary, I don't think there is any going back. The cycle burn rate line will keep going up, Resulting in more and more tokens burned per second.

>>59237009
Yeah, but how much is gonna get burned " in mid to late 2025" like this guys is saying? 10%, 50%, 80% of the supply? How much of a reduction can I realistically expect? If it's 50%, wow, awesome, but if it's 10%, then fuck this.

>>59237029
>not understanding basic economics concepts like price elasticity and the supply-demand curve, lack of knowledge pertaining to crypto markets like how order book depth effects price movement, conflating token supply with price on a 1:1 basis
You probably never even read the whitepaper. Yeah actually I think you're too stupid to hold this coin. Just sell and go buy the latest meme coin. I don't even know why I waste time on this site anymore.

>>59235750
Sell.
Bros ive never been more bullish on icp personally…

>>59235750
The chains have implemented a copy. They are discussing copying icp for stuff they implemented on day 1. They cannot catch up to icp at this rate and the only reason why they would copy icp is because they know the jig is almost up.
Why would BNB make a bob copy? Why would Charles announce basically btc integration after meeting with dom in Argentina for years? Why would near try to copy chain key/chain fusion? Why would SUI claim to be the new internet and start working on a reverse gas model? Why would sol claim to wanting to be a world computer? Why would Coinbase start pushing wanting everything on chain? Why would TAO and AO try to copy/attack icp? Why would ftx try to kill icp on launch and cause the 99% dump where the coin is still top 30 coin after it? Why would the greatest cryptographers leave other chains for icp? Why does icp consistently have the most dev activity? Why would kucoin list bitfinity as a sui project?
The time is ticking and these meme coin insider trading pump and dump bullshit will come to an end. It’ll turn into pow memes (only can be done on icp) and other chains will be burning icp unknowingly trying to mine pow memes. Making icp deflationary and this is just the fun aspect of icp and is not taking into account any of the technological achievements icp has made.
Why would other chains try to copy/destroy icp? It’s some random coin that dumped 99% why are they still doing it?
The VCs are a pain in the ass but I think dom wants them all to exit before the giga pump because he hates them. Most of them stabbed dfinity in the back a16z and polychain capital are good examples. Then those vc firms try to pull projects to go to sol or other chain. Why?
Why would the do any of this if they think icp doesn’t matter or is irrelevant? No other chain has been attacked/deliberately manipulated to this degree. Why?
Buy Bob friends, we’re going to make it. The jig is almost up and they know it.

>>59235750

>I SEE PEE

>>59235750
>>59237180

Even my ID says it's gay!!!

>>59237169
Haven’t implanted a copy*

>>59237192
KEK

>>59237125
I don’t give a damn about any of that, and why should it even matter if I do or don’t? I like ICP for my own reasons—why isn’t that enough? Now, why can’t you just answer my question instead of acting like some bitch-ass nerd about it? I hate people who overcomplicate everything, like all that sugar-coated crap makes a difference at the end of the day. You’re nobody. Sure, your knowledge is cool, and I respect that you know all that stuff, but in the grand scheme, if you’re not a somebody in this market, all that knowledge is just a neat little thing you have, and I don’t.

And you know what? I don’t even care if you answer me or not. I’m holding until we hit my target regardless of understanding any of this "coin" shit at a deeper level. You know why? You know why I’ve been holding since 2021, DCA’ing into this project every month? You know why I’ve got my life savings tied up in ICP instead of SOL, BNB, ETH, XRP, LINK, or whatever other coin?

It’s because of one guy. Moonman. He was such a badass when he posted about this token that I went all in. The way he explained all the nerdy crap just hit. It clicked. So yeah, all my crypto hopes and dreams are riding on this. Not because I understand the tech at a high level—I don’t. But I know magic when I see it, and that dude was full of it.

So if you want to answer my question about the deflationary stuff, cool, I’d appreciate it. But if you don’t? Whatever. All I care about is the price on the screen. That price isn’t what Moonman said it would be, and it’s not near where I’ve decided is good enough for me. And yeah, maybe I’m dumb, but I’m tough. I held through the bear market, and I’ll hold through another bull, another bear, and another bull if I have to.

I’ll sell these bags when the price is legendary, when manmoon is vindicated, and so am I for believing. And that’s why you’re still here too, isn’t it? Because even though these threads are full of idiots like me, they’re also home to legends.

>>59237226
The era of single digit is soon over anon.
Stay comfy, we are going to the moon.

>>59237406
He shilled solana too but you should looked at the amount of unlocks icp had that prevented me from going all in 2021. I accumulated through the bear with a $4 average.
We’re all going to make it anon.

>>59237596
Yeah, I know he shilled SOL, but back then SOL had already done much of what he prophesized, so it wasn't really an option. It did help cement my belief in him though.

>>59235788
>>59237169
>>59237406
https://vocaroo.com/19FUI2vM4VmL

>>59237690
My average is $4. This doesn’t account for how much money I’ve made from DKP, EXE, and now Bob.
Have fun with your shitcoin casino

>>59237180
>>59237192
just dropped in to kek at this ICP is Gey id kek

>>59237731
It's so funny how every ICP chud feels the need to reply to me when I post that image and say out loud that their average is ACKSHUALLY extremely close to the absolute bottom.
We all know you're lying, loser. You bought ICP at $50 when that chink larping as 'le epic racist Moonman' started shilling it, you kept buying more and more as it spiralled down even further while thinking 'surely this price is the floor!' and you got absolutely BTFO along the way.
Seethe all you want. ISeePee is utterly dead, your money is gone and you wish every single day that you didn't fall for the bait. But you did.
Sell whatever bags you're still holding and bow out gracefully. ICP is never going up.

>>59237878
Sorry 86c higher than $4. Keep seething chud.

>>59237944
Sorry I’m retarded thought it said $4.86 actually $4.82. Pretty hard not dca heavy 2023 summer

Jeets shaken out, only saaars (ticker: SAAR) left. Don't get sidelined again.
Yesterday we went from $200 mcap to $50k+.

DO THE NEEDFUL
5jinnZQsBReS5ZwvKxdUVr4PEEyybQM6uQ8ZPSd9au5P

>>59237690
I got a couple years of staking rewards so that has been nice, but overall worse performing coin I own

>>59235750
>He bought a coin called I C P

>>59235788
bro. thats just cope. i remember they were saying the coin will be deflationary in the spring 2024 and look where we are today. now the new narrative is the coin will be deflationary in 5- 6 years kek. the coin is not performing well at all. a massive disappointment for many...

>>59235750
I hope you are larping. why would anyone buy this shitty unneeded coin?