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

/biz/ - Business & Finance


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56120454 No.56120454 [Reply] [Original]

I don't understand why this board is obsessed with this absolute dog shit.

It's literally going to 3 cents. The name is also retarded too.

>> No.56120471

It's also a literal scam

https://www.arkhamintelligence.com/research/reports/icp-report

>> No.56120479

>>56120454
Retarded name and burned everyone who bought it on CB launch. BUT Moonman was correct. ICP is going to 5k and will be the digital backbone of Web 3.0.

>> No.56120482

>>56120454
3c

>> No.56120495

>>56120479
>and will be the digital backbone of Web 3.0.
no it wont do any of that, its vaporware that nobody uses for anything.
you got scammed.

>> No.56120513

>>56120495
Every successful crypto needs a "Killer App"
For Bitcoin, it was money laundering and Silk Road.
For Ethereum, it was decentralized finance, lending, and trading on-chain, as well as NFTs.
For Internet Computer, it's nothing. Just a Kohler Tresham that funnels money into the pockets of a few select VCs who paid 3 cents. Even at today's prices they are still up 100x.

>> No.56120514

>>56120479
I would have believed that until the critical support at $4 broke. Now it’s in a death spiral. We may literally see 3c icy pee by EOY

>> No.56120545

>>56120514
https://forum.dfinity.org/t/solution-for-preventing-node-provider-rewards-inflationary-death-spiral/23045

its happening!!!!

>> No.56120660

>>56120513
Seeing value AFTER it manifest, using past events and apply that to future events sounds like the opposite of innovation. The next eth-killer, the next bitcoin, the next Defi random shitcoin, the next Beeple.

ICP is the most innovative L1 in the space. Not my fault that you don't know shit.
Anyone who disagrees doesn't know anything or is simply lying.

Not being used.. Openchat /biz/ group has 3000 + members, while your shitcoin moves token from A to B,

>> No.56120662

>>56120454
>why this board is obsessed with this absolute dog shit
There are only two types of crypto investors.
1. Scammers
2. Idiots
Both groups will bash any crypto critic so you end up with a forum of morons aka /biz/

>> No.56120671

>>56120660
>Muh A to B
Cringe

>> No.56120703

>>56120454
>Why is this board obsessed with this absolute dog shit.
>Why did Tardano go from 0.03 to 2.58??!?!?
BTW you can say the same thing about all altcoins rn. They all look like dog shit.

>> No.56120704

>>56120454
Some guy larped on here as a racist and suggested biz buy it. Biz, having a collective IQ of around 75, did. The guy was then revealed as a scammer. Thats it. Thats the story and thats why there are still threads about this failed scam.

>> No.56120821

>>56120454
but WHATS the P stand for?

>> No.56120829

>>56120454
Schizo midwit coin, so its perfect for this board
See monero, chainlink etc

>> No.56120835

>>56120545
Denominated fiat solutions for a crypto inflationary spiral is a terrible sign. It literally spells that your token have zero value and attachs it to paper money to solve the underlying issues of your token design. It's going to fail.

>> No.56120845

>>56120454
It's obsessed with all the last cycle boomer coins. The average age here is like 30 now so I guess it makes sense that no one can change or adapt anymore. ICP is particularly stupid and tragic because all this worthless shitcoin has done is go straight down. Anyone that's retail that has EVER bought it has lost money.

>> No.56120997

>>56120835
What they need is to explain what ICP is needed for and create demand for it. This is the only way to solve the issue - there needs to be a reward for picking up ICP right now, like being necessary to develop apps which can turn into productos to be traded for "goods" within the crypto/IT infrastructre or you can up saving rates for those who are locking their neurons so they rush to absorb all the expenses of the nodes. They need to counteract this with deflationary measures even if it means risking stalling the network. Inflation out of control will kill all developers and those who maintain the network working since all that it signals is that they are losing money very quickly.

I give them 4 more months to figure this out or this coin will be dead. I thought the pre-sellers being locked for a 2-year period was going to be the maximum pain for this coin but it looks like I was mistaken. Token economics are now a much more dangerous thread.

>> No.56121074

>>56120997
they just need a token limit

>> No.56121094

agreed. Yall better not be sleeping on Vocare Ex Machina. Their AI has already developed a lot from their TG chat. Worth a look desu

https://www.dextools.io/app/en/ether/pair-explorer/0xb78157eac4407e6e4f9a5f60dae31e5efe922150

>> No.56121104
File: 50 KB, 478x699, Screenshot 2023-08-29 at 15-16-55 Internet Computer price today ICP to USD live price marketcap and chart CoinMarketCap.jpg [View same] [iqdb] [saucenao] [google]
56121104

Every 24 hours 7000 icp are minted into theh "total count"

Running a node requires hardware that costs more than $10,000.

Just because you bought the hardware doesn't mean you can run the node, you must be "allowed" by icp to be a node operator. There are many people on the dfinity forums who are still asking why they are being denied or ignored even though they have the system requirements.

centralized, even if you become a node operator, icp can blacklist you at anytime.

your dapps can be removed and deleted by dfinity.

ICP is one of those scams that developers built a mountain to lure people in but have no intention of ever making this usable or profitable for anyone else.

Many people have that same mind frame "but look at all the work they did, this couldn't be a scam"

I have been programming computers for nearly 25 years and I can tell you, if you haven't seen it before you may not believe the lengths people go to scam people.

>> No.56121190
File: 95 KB, 1071x828, Screenshot 2023-09-12 at 11-36-48 Coinbase Inc. and Coinbase Global Inc. - comp-pr2023-102.pdf.png [View same] [iqdb] [saucenao] [google]
56121190

>>56121074

its worse than "just" that

>> No.56121284

>>56121104
NO LINK?

IQ 60 NIGGER FUD

>> No.56121909

>>56120454
**RED ALERT**
**ITS IN THE DEATH SPIRAL**

>> No.56121951

>>56120821
porn

>> No.56121960

>>56120479
True

>> No.56121977

>>56121909
>>56121104
>>56120514
>>56120471
Imagine clicking on every single icp thread for months, typing out the same exact replies lmao

>> No.56121985

>>56121284

> dfinity is under investigation by the SEC
> token statistics are openly on exchanges
> a simple google search will bring up complaints on dfinity forums, subreddits, the SEC website.

if you haven't figured this out yet, i'm given your ideas on how to pick up the spoon and feed yourself.

>> No.56122001
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56122001

>>56121977

imagine when dom is charged with fraud just like richard heart

>> No.56122007

>>56122001
Can’t wait to see that faggot locked up

>> No.56122038
File: 143 KB, 1200x850, richard heart.jpg [View same] [iqdb] [saucenao] [google]
56122038

>>56122007
Me too. What a dick!

>> No.56122389

>>56121909
>>56120997
>>56120835
From one of the threads linked in the post from >>56120545
>What price point initiates a death spiral?
>At 2$, we’re facing 2.4% annual inflation from Node Providers.
>At 1.5$, we’re facing 3.2% annual inflation from Node Providers.
>At 1$, we’re facing 4.9% annual inflation from Node Providers.
>At 0.25$, we’re facing 19.6% annual inflation from Node Providers.
>I think the “magic number” queuing an inflation spiral is going to be somewhere around 1$.
There's still a lot of margin between here and $1 pees. IMO it will never get there before the bullrun starts again and speculative demand hits ICP, but they should still do something to mitigate the risk.

>> No.56123244

>>56122389
USERS is the only way this gets fixed. the alternative may be a balanced compromise, but based on Dfinitys track record? I'm still waiting to buy ICP patience is paying off. 4chan was right on this one from the start. Saved a fortune. I'll buy at .10c /market forces are already in play for this event. great opportunity because it will get resolved... AFTER and the phoenix will rise FROM THE ASHES.. minus DOM/ yeah im nuts, but so are you guys for funding the ponzi node provider scam.

>> No.56123252

>>56123244
Cicada 3301 has a plan 2.22 ~> 2,222

>> No.56123265

>>56123244
You'll probably miss the bottom desu. My average buy is around $5 which is good enough for me (and I'm buying more every week). 2% inflation isn't even that high, the problem is the negative sneedback loop that tends toward even higher inflation. Once that's resolved, we mooning.

>> No.56123271
File: 201 KB, 828x1518, 9C6FE53C-C2B8-473E-8FC2-9F22A3F90FF6.jpg [View same] [iqdb] [saucenao] [google]
56123271

>>56123265
2.22