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/biz/ - Business & Finance


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22993786 No.22993786 [Reply] [Original]

>up 5000$ in a couple days
>goes down a few hundred dollars
>"lol get rugged" "ponzi"
>"its dumping" "get rekt"
>AAAAAAAAAAAAA

What do you even call this level of fud and weeks hands?

>> No.22993798

>>22993786
*weak hands

Phone posting

>> No.22994177

>>22993798
We're living the current year, get on with times. Phoneposting is ok.

>> No.22994251

>>22993786
People bought late and are scared. They think it's all down from here. I bought 1.08 CORE at $5.9k. I'm holding my stack tight.

>> No.22994336

Anon have you even read the description on the website? It is the literal definition of a ponzi - a scheme that makes you money as long as new buyers are coming in.

Im still holding from my 2k entry because I think it can go higher before the music stops but I did not lock anything since you are going to need to be able to exit asap when the time comes. Just dont embarass yourself by trying so hard to make this project seem like it has an actual use case. The only reason I bought in is because its a very clever ponzi and goes as far as clearly stating what it does to "create positive buying pressure" lol. All of us will dump our bags on the normies who cant understand how a ponzi works and get in late

>> No.22994344

>>22993786
ponziposter here. i'm still accumulating.

>> No.22994364

Wtf i love ponzis now

>> No.22994417

>>22993798
>spacing

>> No.22994458

Anyone else getting Ample vibes like back before it started it's second massive run?

>> No.22994627

>>22993786
Normies are lurking. They don't deserve core

>> No.22994752

>>22994458
no. i'm getting BTC 2008 vibes. we are so early unironically.

>> No.22995213

>>22994336
Never said it wasn't a scheme or a scam. But 90 percent if not more of defi is all a scam right now.
But I hear you anon. That's why I didn't Stake either.

>> No.22995237

>>22994417
Dang I really don't use reddit and dislike that entire website and its culture very much. I just like writing that way as it helps me separate my thoughts.
Why does reddit even have to ruin words and the english language for the rest of us?

>> No.22995282
File: 41 KB, 600x449, 9ufob.jpg [View same] [iqdb] [saucenao] [google]
22995282

CORE is reaching it's top... YFT is mooning right now, they announced farming to start in 24 hours. This is your chance to have two moon rides back to back!

>> No.22995414

>>22994336
It's not even close to a ponzi and I'm sick af of this fud.

Unlike ponzis, and like most real productive assets, CORE has inherent value. Even if everyone sold right at this very instant b/c of some protocol failure or whatever, each and every single core would still be worth $1,500. That's because the protocol is constantly locking in value. No ponzi in the world has this feature. It does need ANY new buyers or anything else to maintain at least $15,000,000 of total market value at a minimum (and this is constantly going up).

>> No.22995712

>>22995414
what.

>> No.22995803

>>22995414
>locking in value
Just like I locked my BTC in my Trezor during the 2017 bull. Best financial move ever.

>> No.22995836

>>22995712
Trapping liquidity is a part of the protocol. If you are literally the last person to sell, you still get something back. This floor value will raise over time as long as someone is using this thing

>> No.22995839

>>22995414
What a formula is there to calculate minimal price?

>> No.22995860
File: 122 KB, 1481x906, top1fees.png [View same] [iqdb] [saucenao] [google]
22995860

the ponzi has beaten USDT, USDC, ETH and we are going to keep doing so

>DID YOU KNOW?
every transaction occured on CORE gives LP stakers a fee. wow wow wow

>> No.22995907

>>22995839
1) Take 10,000 - 1990 (pooled core) = 8010 circulating supply ( if every single CORE were to market dump instantly)
2) Go to uniswap and pretend to sell 8010 CORE = 79% slippage
3) Take the core price $7000 * 24% = $1470 ( Uniswap price after every single CORE is dumped )

>> No.22996153

Its crabbing right now because of drumpf, if he dies I'm selling it all.

>> No.22996230
File: 85 KB, 693x598, 1566272343271.jpg [View same] [iqdb] [saucenao] [google]
22996230

>>22995414
>I swear its not an elegant ponzi with technical jargon thrown in to explain its finance model
>unlike ponzis core has real value
>each and every core would be worth $1500
>this number is totally real and people would actually pay it to own core after a rugpull/exitscam event

Ok anon you are so smart this isnt a Ponzi its a magical project unlike ANY other in the history of the world that miraculously generates infinite profit forever. Congratulations you made it, you found the treasure, you found THE ONE, and your grandchildren's children will thank you for leaving them your core wallet because it will continue generating profits until the end of time

>> No.22996319

>>22996230
You must be new to crypto good lord. You probably think Hex is a ponzi too. Poor anons like you are going to miss out on so many moon missions. BTW what will your argument be after CORE introduces vaults and is generating extrinsic value on top of it's ever climbing intrinsic value due to staking? Your claim holds absolutely no footing.

>> No.22996434

>Thinking core is just about fees from core token sales

Oh my.

>> No.22996522

im not selling

>> No.22996574

>one whale sells
>value drops multiple thousand
lol

>> No.22996575

hi frens, what is the price floor rn?

>> No.22996576

>>22996230
Unironically true

>> No.22996599
File: 249 KB, 550x564, 1598137792048.png [View same] [iqdb] [saucenao] [google]
22996599

>>22995237
most people separate their thoughts into lines instead typing one giant paragraph. it's easier to read and digest.

You just have people who have been on 4chan for 2 years wanting to join in on the fun of "im part of the club!"

>> No.22996662

>>22996599
Yeah makes sense. What's crazy it I've literally grown up from a child into a man on 4chan. It helped me evolve. I'm still a newfag that started in 2013. But it's weird how 4chan specifically different boards at different periods of my life are like family to me.
Started out with /b/, then /fit/, /x/ now I'm here and only visit /fit/, /x/ and /out/ on occasion.

/biz/ is my board and my family. We all gonna make it baby

>> No.22996666

>>22994177

No, it's not.

>> No.22996682

>>22996662
i started out on /b/ in 2008. havent gone there or ben interested in going on there in like 10 years. im pretty much only on /pol/ and /biz/ now. sometimes /ck/

>> No.22996693

>>22996599
can you tell me the story behind this rat?

I hope it is doing well.

>> No.22996717

>>22993786
It's envy anon, /biz/ is a toxic shit hole full of envious maggots.

>> No.22996739

>>22996599
It's easier to differentiate generations of 4chan this way.
Whenever 4chan memes or views go mainstream, 4chan changes, it's always an anti-culture.
Pepe meme gets old already, something else will emerge.

>> No.22996746

>>22996693
There once was a rat from Peru;who dreamed he was eating his shoe. He woke with a fright in the middle of the night to find that his dream had come true.

>> No.22996845

>>22996682
Lol I wonder how many people start off 4chan on /b/ and never come back to 4chan because they think all of 4chan is /b/

>> No.22996851

>>22996230
>>each and every core would be worth $1500
>this number is totally real and people would actually pay it to own core after a rugpull/exitscam event
People don't have to pay to pay for the very last core holder to get $1500. That eth is already locked in to the uni pool. You can drain the uni pool and the very last sucker gets $1500
> its a magical project unlike ANY other in the history of the world that miraculously generates infinite profit forever
Yes. These two will probably win a Nobel Prize in Economics
>Congratulations you made it, you found the treasure, you found THE ONE, and your grandchildren's children will thank you for leaving them your core wallet because it will continue generating profits until the end of time
Yes, yes, yes, and yes! I've literally locked in $100,000 in profits already and transferred to CB to cash out. And I have hundreds of thousands more I'm letting ride.

>> No.22996860

>>22996739
Yeah it's the simp onions face culture now lol

>> No.22997567
File: 97 KB, 824x824, 1601339925679.jpg [View same] [iqdb] [saucenao] [google]
22997567

>>22995282
any sauce on that?

>> No.22997583
File: 54 KB, 711x485, magiccarpetride.png [View same] [iqdb] [saucenao] [google]
22997583

>>22995839

>> No.22997703

>>22996851
CORE is rugpull proof, all the tokens are circulating and devs hold no core, he is generating from fees. thats all. its fully decentralized and buy a bag or you will stay poor thx sir

https://medium.com/@0xdec4f/5-things-you-did-not-know-about-core-4bfe3d8b1452

>> No.22997787

>>22994336
Long term value is supposed to come from fees from services (i.e. vaults)

Possible risks besides smart contract failure are:
-Developer never delivers on implementing the service
-Service fails to gain popularity due to market saturation (or holders failing to govern properly and choosing to do something retarded)

If either of those scenarios occurs, the only income would be from CORE trading fees -> people gradually lose interest and sell their CORE -> price falls

>> No.22997868

>>22997703
Did you respond to the wrong person?

>> No.22997903

>>22997787

Another risk is that a clone project will come along with better production values and shilling.

Also it's so hard to maintain interest in this fucking space. I want CORE to do well but I think the road is gonna be much rockier than the past few days suggest, hodlers better be ready.

>> No.22998029

>>22997903
Lmao shut the fuck up and enjoy the ride boomer

>> No.22998036

>>22996666
checked him the fuck out

>> No.22998186

>>22998029
Ooof thanks for the sell signal faggotron if youre gonna act like a moonboy stay in your circlejerk discord guzzling cum with the other cultists who get angry when people criticize core

>> No.22998943

>>22998186
Lol you guys are such faggots.

>> No.22999525

>>22993786
Dude NOBODY is going to pay this much for one singular shitcoin that isn't Bitcoin. Worst normie appeal since YFI (which will be going back to $500 or less in the next bear)

LOKI is all you need.