/biz/ - Business & Finance

[Anonymous No.2947089]

>look at coins being shilled here
>read whitepaper
>these coins have no utility
>go on slack
>ask devs how these coins derive value
>"how does anything derive value XD"
>nope

OmiseGo. Storj. The funny thing is NMR actually has more value than them and it is a dead weight.

I'm now convinced most Eth tokens are a fucking scam

[Anonymous No.2947100]

>>2947089
explain how NMR isn't a scam and is tied to value in any way without SEC regulation?

[Anonymous No.2947105]

>reading that nerdy whitepaper shit instead of just making money

lol

[the bosx imperial ruler of the(...) No.2947126]

>>2947105

[Anonymous No.2947158]

That is a legitimate point though, different people may have different standards of what makes something "valuable", what OP, is your own standard in determining if it has it or not?

If your answer is utility, I would then ask yourself what the purpose of it's creation might have been, what was the aim in the developers in creating it in the first place if it had no utility and was effectively "useless"?

[Anonymous No.2947313]

>>2947100
im a data seance

[Anonymous No.2947380]

>>2947158
To make ez ICO money? Omise and Tierion have operated for years without tokens (tierion even pride themselves on not needing one). Now all of a sudden they need one and the use case is dubious

[Anonymous No.2947386]

>>2947100
NMR is actually needed to win money from the system.

[the bosx imperial ruler of the(...) No.2947497]

>>2947386
what if the value of nmr were to fall so low
they decide to only accept btc or usd?

what is to stop them from doing this?


i can think of at least 50 more ways for this scheme to collapse

[Anonymous No.2947514]

>>2947089
>I'm now convinced most Eth tokens are a fucking scam