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

/biz/ - Business & Finance

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57090016 No.57090016 [Reply] [Original]

>No threads on Metis all week.
>Top tier eth layer 2 solution.
>Literally the mother of vitalik.
Biz has certainly lost it's way.

>> No.57090019

It's gonna flip matic

>> No.57090111

>>57090016
Scam.

>> No.57091379

>>57090016
If I'm reading this correctly, did they literally just pump 200% off of an announcement that they're doubling the supply out of thin air, with absolutely no fiat backing, for an "ecosystem fund"? When ecosystem funds for reputable projects are almost always fiat for good reason? What the actual fuck why are scams like this getting rewarded? Literally any shitcoin with a mint function or large centralized holdings can do this but they don't because this is literally exit-scam tier.

>> No.57091579

>>57091379
All coins are a scam retard (outside of btc) it's a matter of getting profit out of them before they die

>> No.57091587

This shit is going to pump another 3x isn't it? I saw people posting about it a few days ago but I faded it.

>> No.57091594

>>57091579
Yeah, but usually they don't just outright admit they're a scam, outline how they're going to dilute the supply 2x without any fiat backing, and then somehow still pump 3x off of it.

>> No.57091599
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57091599

>>57091379
the scammier the coin, the bigger the pump

>> No.57091603

>>57090016
Does this mean gnosis will pump soon?

>> No.57091613

>>57091379
They can pump with their own liquidity
Basically a buyback

>> No.57091718

>>57090016
Didn't this already launch and nobody uses it

>> No.57091730

>>57091613
what? doesn't a buyback reduce the supply? isn't this the opposite of a buyback?