I've bought 7000 ICP [$53k] am I manic or genius?

[Anonymous No.50725082]

Not even kidding.
The more I keep interacting with this shit the more I can see all the interesting use cases it will enable.
The valuation is also good, $2B is more than acceptable for something which I think quite easily become $100B+ within just a few years and perhaps even multi Trillion valuation in the long run.

I am even thinking about putting about $16k more or selling my other large holdings like ETH and FTM for more ICP.
FUD me on this one, am I manic or genius?

I personally have a few worries:
- General macro environment could cause everything to dump harder.
- Overcomplicated lingo for users/developers, saying canisters instead of web hosting + smart contract functionality and things like this.
- In general forgetting about the user and UX when interacting with ICP dApps. I.e. too many unclear choices when logging in to ICP dApps. Risk of hacks, lack of users ability to easy interact with ICP dApps while also keeping their wallet safe. People might never be ready to keep seedphrases and therefore we need a better solution before dApps can truly grow.
- ICP currently don't have that many developers or activity in relation to the valuation, this is perhaps my biggest hang up.

Still, I can see so many new use cases that I personally look forward to use.
It's hard to ignore this.
I am not worried about supposed lack of decentralization due to high hardware requirement, this is a tradeoff to unlock new usecases and from what I can see they've done it in a more than acceptable way.
More FUD, am I missing something?

[Anonymous No.50725127]

>>50725082
dunno anon. I have been tested thouroughly so I can’t help but read your title and immediately discard your entire message

[Anonymous No.50725196]

>>50725082
Enjoy your early retirement & get yourself some drip

[Anonymous No.50725210]

>>50725082
matic makes this thing obsolete

[Anonymous No.50725457]

Why buy this instead of flux?

[Anonymous No.50725485]

>>50725457
I have like $700 in Flux, lol.
But I just don't see it.
It doesn't enable identity or smart contract functionality, so what's the big point in the end?
Not that revolutionizing, it's like a Filecoin copy essentially.

Only clear advantage is the valuation, I have no idea about user and developer activity on Flux.

[Anonymous No.50725545]

> investing in icy pee

[Anonymous No.50725587]

You're a fucking retard

[Anonymous No.50725590]

>>50725196
I have his shoes but in blue

[Anonymous No.50725606]

>>50725210
Literally laughed out loud and spit my coffee, thank you anon

[Anonymous No.50725632]

If I had more money I’d buy more ICP too fren

[Anonymous No.50725650]

Why is there so much ICP shilling today?
Shut the fuck up, all of you.

[Anonymous No.50725720]

>>50725650
Cos Bitcone integration imminent and fiduciary subnets imminent

[Anonymous No.50725736]

>>50725650
Can you FUD it instead?
I'll sell it and shut up if the FUD convince me.

[Anonymous No.50725864]

>>50725720
Redpill on fiduciary subnets sir?

[Anonymous No.50726080]

>>50725864
New subnet type where anyone can be a node, these subnets will have large numbers of nodes for security as BTC and other chain private keys will be stored there

[Anonymous No.50726311]

>>50725720
Never heard of them, have a source?

[Anonymous No.50726324]

THE BIGGEST CUP IN HISTORY

[Anonymous No.50726341]

>>50725650
lots of us bagholding and its the only thing interesting in crypto rightnow

[Anonymous No.50726349]

>>50726311
Check Dom's response tweets

[Anonymous No.50726350]

i truly hope you dont end up in a mental institution over next few years anon

[Anonymous No.50726411]

>>50725082
Investors always diversify. You're making a big mistake.

[Anonymous No.50726546]

>>50726324

I
See
U
Pee

[Anonymous No.50726632]

>>50725082
Have you tried programming in it? I thought the same but it's absolutely retarded. You add an item to a list and it adds an empty array then inside of another array is your item. This happens every time you add an item so your array ends up having infinite dimensions. Now you can just flatten the array once you've retrieved it but surely that's taking up storage that doesn't need to exist

[Anonymous No.50726697]

>>50725590
Blue shoe sound best sound gg

[Anonymous No.50726705]

>>50725210
Very funny anon.
Hold on dear to your 1000tps pajeet shitcoin.

[Anonymous No.50726732]

>>50726411
Shut the fuck up boomer, you’re the type of nigger to diversify your Amazon with pets.com

[Anonymous No.50726918]

>>50725485
You don’t need smart contracts when you have a decentralized internet running at the speed of a raspberry pi.

[Anonymous No.50726933]

>>50725650
Do you believe in life after love?
-Cher

[Anonymous No.50727550]

>>50726632
lmao you think the average ICP holder has the intelligence required to code?
No. they are all midwits at best.
ICP is fucking DONE. it’s a complete clusterfuck on the backend and these retards have no clue.

[Anonymous No.50727613]

>>50726632
>>50727550
Shameless samefag

[Anonymous No.50727688]

>>50726933
Do you believe in feed after seed?
-Sneed

and checked.

[Anonymous No.50727813]

>>50727613
get sucked nigger

[Anonymous No.50727854]

>>50727613
What? I'm trying to make a site and there isn't enough documentation to understand how things are supposed to work I feel like I'm reading and writing in a schizophrenics language that randomly decides that isn't how something works anymore. Right now I'm trying to upload a Blob (image file) which won't work now I've got a Uin8Array working (uploading the image file data) but for some reason it keeps inflating it's size and I can't display it properly. If you knew how to program you'd be able to tell how cancerous this shit is

[Anonymous No.50728304]

>>50727854
nah you just dont know how to code lmao
you have to use chunking to upload images due to the canister memory limit
fucking retard

[Anonymous No.50728317]

>>50728304
>due to the canister memory limit
>canisters are so small they can’t even fit a single image
yikes sweaty

[Anonymous No.50728523]

>>50726632
Sounds like you're using a List, that's exactly how a linked list works. This is Computer Science 101.

You do know that Motoko has a native array type you can use, right?

[Anonymous No.50728547]

>>50727854
>wah i can't use thing therefore thing is stupid
wow pajeet did you ever wonder how those white men inventing and learning all the new languages felt, challenge, intrigue and up to the task. Not feeling intellectually inferior.

[Anonymous No.50728610]

>>50726632
>>50727854
>>50728304
>>50728317
>>50728523
doesn't icp also support Rust among many other langs. why not just use those

[Anonymous No.50728699]

>>50728610
Exactly, the native language of the Internet Computer is WebAssembly. Any language that can compile down to it is feasible. You can use Motoko, Rust, TypeScript, C/C++, etc.

This guy whining is a conceited retard who says things like "if you knew how to program" when he doesn't even know basic programming fundamentals.

[Anonymous No.50728764]

>>50728317
reeeeetard
fud better nigga
imma hold you accountable cuh

[Anonymous No.50728807]

>>50726632
> I HAVE NEVER HEARD OF CAR NOR CDR!!

[Anonymous No.50728885]

>>50728304
>>50728547
>>50728699
>>50728807
Thanks for finally acknowledging me after asking for help like a normal person in multiple threads.
>>50728523
I've tried reading the documentation on it but I'm too much of a brainlet to figure it out it'd be cool if they worked on the documentation to help retards like myself. The motoko plugin on visual code is finally working properly so I'll have another go at Arrays
>>50728610
That's what I wanted to do but Rust is too high IQ for me plus there's even less documentation on the Rust side

[Anonymous No.50728975]

>>50725082
At this point, it is a two-way for you, get rich or get rekt. I'm in a position on LOX after going through their weekly updates coupled with the security it is about to bring to mobile phone users.

[Anonymous No.50728983]

>>50725082
You could have been a top 150 RLC holder but you choose the vc scam kek

[Anonymous No.50729180]

>>50725082
This is what you should worry about:

It has the worst chart in the top 500, a -97% with zero green, everyone thinks it’s a scam, and there is no interest in it in any social media space where people discuss crypto

No one cares about technology , the sheep masses is what decides what will skyrocket and what won’t

[Anonymous No.50729201]

>>50728983
>RLC holder
lol!

[Anonymous No.50729218]

>>50725082
>>50725082
I very rarely reply to threads, but I'll post to help you out.

I am a highly technical person that has a strong understanding of the internet infrastructure. I also have a strong understanding of economics. I am quite young and have become a multimillionaire based on many successful investments.

When considering new ideas and evaluating them, it is useful to rely on frameworks that have proven reliable in the past. One framework that I'd like to help you apply to ICP is the idea of efficient market theory. In truly fair/free markets, distribution of resources trends towards efficiency. The internet has been developing for 30+ years, and I would consider it to be a highly free market on average. Because I believe that the internet is a highly free and fair market, and I know that the internet has been refined over several decades, I choose to believe that the allocation of resources has been trending towards efficiency, as economic theory states.

Consider that ICP has a drastically different architecture than the existing internet. This would lead me to believe that ICP is fundamentally less efficient than the existing internet.

If I were a less technical person, this would be enough to raise an eyebrow, but because I am familiar with technology, allow me to propose a few questions that the ICP team will never be able to publicly answer:

1) Why is there any value in spinning up an ICP node? For consumers, there is little value and much cost+risk to host a web server at home. If spinning up remotely, what's the advantage to using this over a vanilla CentOS setup out-of-the-box?

2) Why are we to believe apps on ICP are any different than apps on the current internet? If we are not to believe this, what is the advantage to consuming web services through ICP nodes?

3) With limited computing resources, how is a node operator to determine the content they'll host?

Buy chainlink instead.

[Anonymous No.50729314]

>>50729218
you just posted a bunch of gibberish and frankly sound like my 50 year old manager who bashes on any sort of new rivaling technology to the current stack. elon was right - the old must die off in order to keep the world running with innovation.

the current stack fucking.. sucks. before big tech, many of the original creators of http/tp/ip/etc. wanted to move towards a programmable internet. facebook/amazon/google were very small startups and the internet took a turn for the worse when they started to take hostage of user data and started monopolizing the internet stack by creating their own proprietary servers.
the current iteration of the internet is closed, highly regulated, and apps are at the risk of being deplatformed since you're essentially building on quicksand. what kind of innovation have you seen out of google facebook microsoft in the last 5 years? hardly anything. monopolization has stifled innovation, and the average vocation at these companies is <2 years. their hiring bar is so damn low now that you see non-CS majors getting offers after leetcoding for three months. devs and

users are begging for the openness of web1 with the programmability of web2. look at the dev activity, pay attention to where teens/20 year olds are focusing their time and efforts towards, and think about what platform allows them to disperse that creativity and energy onto. icp is the future and you're going to be left behind

[Anonymous No.50729380]

>>50729314
1) no one has to spin up an ICP node if they don't want to. if you do, you'll get rewarded monthly for helping contribute to the IC's computational power.
2) apps on the current internet are at the top of the s-curve. web2 is done for - people have extracted so much value out of users, and it's not a sustainable business model. vc's know this and have completely moved on. retail is holding the bag through index funds.
3) apps on the IC are interopable, self-governing, scalable. you can build any web2 app on it - no crypto is necessary if you don't want to. that automatically makes it valuable as it's 100x easier to create apps because of all the dependencies that go away. i can store a database of user profiles in one line of code. no mongo, no databases, no web servers, no firewalls. first phase of new tech is to mimic what currently exists - dscvr = reddit, distrikt = linkedin, openchat = whatsapp. the next phase is going to be the completely unimaginable shit that is going to bring the next billion users to blockchain.
3) node operators tend to host content to end users who live near them. ie: if you live in london, node operators in the UK will likely be hosting the content to provide fast speeds. nodes will eventually be located in every jurisdiction.

blockchain is slow and can't scale = midwit take.
current internet is perfect and is the end product = midwit take
the internet is 20 fucking years old, it's still in the wild wild west

tech changes, and those with the risk appetite and forward thinking ability will realize what this shit actually is. dfinity is the next apple/mozilla foundation/ethereum foundation combined. it can't and won't get shut down, and you'll own a piece of computational software by buying ICP.

[Anonymous No.50729415]

>>50725210

[Anonymous No.50729479]

>>50728983
This. Also shook my head reading this. It's wild seeing other people make the wrong choice and knowing the outcome. Damn, sad to see.

[Anonymous No.50729502]

anon post proof of your purchase, any screenshot will do just blur everything out and I will help you

[Anonymous No.50729522]

>>50729479
RLC is literally nothing. ICP is the crypto endgame, it can even make BTC obsolete one day too.

[Anonymous No.50729600]

>>50725587
facts

[Anonymous No.50729794]

>>50729314
>users are begging for the openness of web1 with the programmability of web2
most people don't give a fuck so long as their tiktok keeps microdosing dopamine hits
>>50729380
>the internet is 20 fucking years old
fucking retard, you expect to convince people that icypee is worth a shit when you think that the internet came along in 200fucking2?

[Anonymous No.50731520]

>>50726349
Fiduciary subnets are subnets with higher node count, but nodes are still permissioned.

[Anonymous No.50731971]

>>50725082
I have like 850

[Anonymous No.50732168]

>>50731971
Keep stacking brudah

[Anonymous No.50732359]

>>50725082
I think 10k is an even number of ICYpee, so I would go with that. ETH is a risky investment now and it will dump after the merge unlock. FTM, there is no guarantee that it will be able to compete with Polygon for market share and a new chain won't come along and take its TVL.

[Anonymous No.50732652]

>>50725606
>>50726705
>>50729415
you're welcome peebros. you know the drill. shill garbage fud alien tech

[Anonymous No.50732826]

>>50725082
/r/ the ICP tier chart please.

[Anonymous No.50733132]

>>50725196
Yo, wtf?

[Anonymous No.50733429]

>>50733132
Fresh sneakers yo

[SAGE No.50733478]

>>50725082
>INTERNET COMPUTER
imagine the amount of brain cells in the person brain failing to even invent good name?
Like is there anything going even on there? Or just empty skull?
also scam & sage

[Anonymous No.50734601]

Whats the top for pineapple punks? Crazy volume.

[Anonymous No.50735187]

This is fud disguised as a positive post.

>- ICP currently don't have that many developers or activity in relation to the valuation, this is perhaps my biggest hang up.

They have the second highest developer activity on github after ETH - what do you mean?

[Anonymous No.50737191]

>>50729314
>>50729380
You think you are the big brain here, but you are fooling yourself.

Responses:
1) Agreed, and you'll realize the amount that people will earn is so low that ICP nodes will either be run at a deficit or not at all.
2) You are a fool if you truly believe these points.
3) So are apps on web2. Simplicity of deployment is not the only goal for webapps; the customization of their tech stack is what makes apps useful.
3-2) My point is not that users will need to select content, but that this is an impossible challenge to solve. If a large amount of content is peer-to-peer, the end result is abysmal sync/access rates.

Blockchain is slow and can't scale as well as other systems. This doesn't mean it won't be used for many applications, but there's no need to bundle this arbitrary tech 'solution' ICP provides for a problem that doesn't exist.

[Anonymous No.50737354]

HOW MANY ANONS ACTUALLY USE /BIZ/
?????
IF WE ALL BUY 20 ICP...RIGHT NOW...CAN WE PUMP THE PRICE AND GET IT TO $1K ON NORMIE FOMO???

[Anonymous No.50737519]

>>50737191
>Blockchain is slow and can't scale as well as other systems
yeah, 10 years ago i would have agreed with you
you sir
get with the times
you'll rope 5 years from now, heed my words

[Anonymous No.50737597]

>>50737191
i'm not going to waste my time arguing with someone who legitimately believes the current internet stack with cloud is ideal
you can still use javascript/html/python/whatever with motoko
you're just changing where the code is actually hosted on, icp just adds a layer on top of ip
aws/gcp/azure will still exist 20 years from now, just like how cobol still exists
but i will not be building on that, as well as other developers. it's overly convoluted, subject to de-regulation, extremely hard to get funding for, and expensive due to IT overload

[Anonymous No.50737623]

>>50725082
screenshot or it didn't happen you lying nigger

[Anonymous No.50739374]

>>50737354
>IF WE ALL BUY 20 ICP...RIGHT NOW...CAN WE PUMP THE PRICE AND GET IT TO $1K ON NORMIE FOMO???

i know there's a 18 year old requirement to browse here but there should also be an IQ restriction too

[Anonymous No.50739516]

>>50737519
>>50737597
Please listen friend, you are sick in the head by letting your bias dictate your conclusions.

[Anonymous No.50740164]

>>50739516
>buy chainlink instead
chainlink is literally made obsolete by http request functionality on the IC
lmao

[Anonymous No.50740416]

Unironically wheres is muhman?

[Anonymous No.50740492]

>>50725082
7000 isn't enough. you need to buy more.

[Anonymous No.50740521]

Just got the new moonman email in his private group. He says to sell while it's still over $1. Hes done with the project and moving to a new one. I am sending him $1000 in monero to join his new flux group

[Anonymous No.50741174]

>>50740521
just got the new moonman email in the other private group. he said you should kill yourself and never come back to this website.

[Anonymous No.50741581]

>>50741174
just got a new manmoon in the email he's telling us to ditch icp for matic

[Anonymous No.50741629]

>>50740416
at vacation

[Anonymous No.50742056]

>>50740416
He is on holiday, he mentioned travelling half the known world because Q4 hell will break loose.

[Anonymous No.50742555]

>>50742056
dump or pump?

[Anonymous No.50742625]

Yeah you're doing better than me. I bought 2k+ of these pieces of shit at $40-50. Haven't sold, won't until I either make profit or lose it all.

[Anonymous No.50742896]

>>50742555
yes