[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 105 KB, 996x911, 1657590657404.jpg [View same] [iqdb] [saucenao] [google]
54274122 No.54274122 [Reply] [Original]

There's going to be a massive dump because of people redeeming their free money and all arbi ecosystem will crash.

>> No.54274146

>>54274122
I REPEAT REDEEM MY BASTARD

>> No.54274241

>>54274122
N

>> No.54274291

>>54274122
I

>> No.54274432

>>54274122
lmao you think people are actually buying this jeetcoin?

>> No.54275346

>>54274432
But ser me and million others from my village are getting 10000 arb!
ARB will be at least $10 each and my village will become next bangladesh
You bitch basterds just do not understand economics!

>> No.54275372

It doesn't make any sense lol. Why would a free money influx be bad for the ecosystem, other than a potential sell the news situation? At least some of that money (which is a lot) will inevitably flow into Arbitrum shitcoins.

>> No.54275401

>>54274122
People will redeem and huge amounts of money will flow into arb shitcoins. Few will cash out for stable coins. People in crypto are gambling addicts

>> No.54275635

>>54275401
Isn't ARB just a governance token? What other usecase does it have for people who don't care about governance?

>> No.54275758

>>54275635
what use case does 99% of crypto tokens have?

>> No.54275856

>>54274122
>There's going to be a massive dump because of people redeeming their free money and all arbi ecosystem will crash.

Wouldn't their free money just as likely get gambled into various Arbitrum ecosystem shitcoins?

>> No.54275873

>>54275372

This is my thinking. It can't be a "sell the news" event when the news is literally free capital to invest with kek

I'm sure the most liquid pair will be ARB/WETH and then a lot of that WETH will find its way into shitcoins?

Are we the retards somehow it seems pretty straightforward

>> No.54275887

>>54275635
Governance is the same as owning the company as the governance council will always vote on proposals that will profit token holders the most. revenue sharing for example

>> No.54275888

>>54275758
Fair point
Though at least with dex tokens there's an incentive to hodl or stake
I don't see why this wouldn't just pump n dump

>> No.54275917

>>54275887
I'm not a funder, I seriously hope this does what we're hoping it does, I just don't want to get overly optimistic like I did last year

>> No.54276769
File: 96 KB, 828x1035, 1679049258852765.jpg [View same] [iqdb] [saucenao] [google]
54276769

I'm on $HAMI and not Arbitrum specifically for this reason. After I saw people getting K's on airdrops I was completely done. At least I can scalp some more money off of Arbi by using Hami.

>> No.54276780

>>54274241
>>54274291
eat lead

>> No.54276786

>>54276769
>Arbitrum's first multi-currency rewards token
Interesting. Wouldn't it make sense to still use arbitrum but only for the possibility of getting an airdrop in the meantime too?

>> No.54276792
File: 59 KB, 722x680, 1675531929788262.png [View same] [iqdb] [saucenao] [google]
54276792

>>54274122
if arbitrums' airdrops make it tank then the world will see that UBI is a huge lie fuck FUC

>> No.54276798

>>54276769
Based.

>> No.54276915

>>54276780
G

>> No.54279170

>>54274122
Bump

>> No.54279269

>>54274122
not even ARBPAY?

>> No.54280045

>>54274432
>>54275346
>t. seething pajeets that didn’t get the airdrop

>> No.54280123

>>54274122
are you implying people will sell their shitcoins to buy arb? I can assure you the exact opposite will happen