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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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20078400 No.20078400 [Reply] [Original]

>> No.20078423

nothing, bitcoin dumped and everybody panicked

>> No.20078435

>>20078400
photoshopped car loans for overpriced cars went wrong

>> No.20078451

>>20078400
You can see their infuence is unimaginable.
Open catalog in popular boards, it's all twatter screenshots.

>> No.20078468

>>20078423
so then its to tied to BTC and a scam

got it

>> No.20078561

>>20078400
they stole the twitter logo

>> No.20078612

>>20078423
No it didn’t. DMG is just a PnD used car token scam preying on retards and you just got got.

>> No.20078656

Bitcoin didn’t even dump lol its almost back to its before levels

>> No.20078662

It’s 100% up on the week

>> No.20078694

>>20078612

The smell of curry on you is strong anon.

>> No.20078814

>>20078400
>Up 400%
Comfy af

>> No.20078816

This is normally the time of day when Burgers buy the dip.. It's not happening and I'm starting to get a little twitchy. DMG tends to dip anyway when Eurofags wake up..

t. Eurofag

>> No.20078834

>>20078400
can't moon until we touch 1.30 and i top off my bags

>> No.20078838

Fake Coinbase partnership, fake Huobi partnership and a CEO that fucked up business with Polymath and his other company " crypto jobs " went insolvent - everything screams SCAM.

Even the data oeak of the car owners shows pure coding amateurness. Weak as fuck.

Draper again does the Bottos game - dumping with gains before this shit goes to zero - exactly like Bottos.

>> No.20078870

>>20078838
For someone who's not invested, you sure are quite invested in these DMG biz threads.

>> No.20078941

>>20078870
I am not invested in most of over 5k coins out there.

But that doesn't mean i do not research on the most discussed projects.

>> No.20079029

>>20078400
typical early hype shenanigans

>presale .36
>main sale .5 (1.8x)
>initial trading 1.8 (5x)
>early money exits with healthy profit (4-5x)
>early speculation pricing settles around 3x initial price, satisfying bag holders that "the project is real" and allowing early investors a safe return to exit at whenever liquidity is needed

will trade even +/- 10% until proven to be either a viable product or a scam

>> No.20079066

If it pumps hard it dumps hard.

>> No.20079810

I found it hard to unload my 70k DMG though, sold 50% above $1.60 and need to sell the rest... I could imagine there is a few of us.

People are too bullish of this, I'm in it only for gains, couldn't give a Fuck of a 1 year timeframe project.

>> No.20080009

>>20079810
Don't worry, Anons. Mid-long-term holders who actually understand this project and its future value will happily take these bags off your hands...

>> No.20080102

>>20080009
This is never the case with hyped up projects.

I bought my bags cheap, sold em with an awesome gain... What there doing isn't exactly very technical.

Think about it, they are only collaterilizing real world assets on chain... could you imagine how many projects are going to come out and do the same thing?

It's different for link, they are an oracle... but this project is too easy for ppl to copy.

RSR is doing a similar approach with a much better looking product, DMG's website looks like it's done by a autistic person.

To me it's not unique enough to hold for years, many projects will come out doing the exact same thing because it's repeatable. I'll just jump on the next one's, thanks for the massive gains, actually made a complete 100k USD profit off this, so i can't be mad.

Goodluck though to people that invest their hearts into this, you will need it lmao, maybe 1% do the constant moon and i just don't see it being one of them cos it's not unique.

>> No.20080114
File: 35 KB, 1338x219, bank.png [View same] [iqdb] [saucenao] [google]
20080114

>>20078400
New article. They accidentally confirmed it IS a bank.
http://www.greensheet.com/breakingnews.php?article_id=2416

>> No.20080129

but i 100% believe projects will look at this business model and make it alot better, thats the ones ou want to hold long-term.

>> No.20080136

>>20078400
oh idk, maybe people realized its a old car token thats not even needed and has fake partnerships littered all over its site? just a guess.

>> No.20080253

>>20080102
I doubt that many people who try to copy it will actually have the massive financial backing and business connections of people like draper, coinbase, and a mastercard/telefonica ceo. Not just in regards to the funding of programmers but also business connections. Then they will also have first-mover advantage, etc. We aren't even listed on a CEX yet. There's no reason this can't hit $5 in the near-term at least...