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

/biz/ - Business & Finance


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57115563 No.57115563 [Reply] [Original]

What's the point? Who buys it and why?

>> No.57115570

I bought it in 2021. Should have bought solana instead

>> No.57115576

Dipshits buy it because they believe in empty promises and don't understand basic economics like fee markets

>> No.57115578

>>57115563
>bizlets hate it
enough of a reason to buy

>> No.57115581

>>57115563
>Who buys it and why?
those affected by charles' unshaking and profoundly intense charisma

>> No.57115867

>>57115563
At least they're collecting a lot of useful data from Ethiopian children or something

>> No.57115876

>>57115563
not in a topic
so what is planned in future of this shitcoin?

>> No.57115910
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57115910

>>57115563
Cardano will win and /biz/ will rope
Verification not required.

>> No.57116068

>>57115910
Can we get a date on when it "wins"?

>> No.57116099

>>57116068
Already won, at least Charlie won. He travelled the world and finally lost his virginity to prostitutes all thanks to the cult members

>> No.57116920

It takes about 2 minutes to discover that it's just a grift. Go to the Cardano Foundation github. There are just 8 members working on repos for their tools (like the wallet).

You look at a member like this guy:
https://github.com/jorgenavben?tab=overview&from=2023-11-01&to=2023-11-30

On the surface, it looks like he's contributing regularly, but if you actually look at his commits it's just trivial changes like adding logos or changes to some docs nobody cares about. This is the kind of thing Pajeets do to pad their github activity, certainly not something you expect to see on any serious project.

Charles did try to hire people to do actual dev work, the problem is that he's incompetent and has hired a long string of people that contributed fuck all. Which he blamed on simply having hired "academics" that are too slow initially. But his attempts to fix that, hiring people like John Woods, only made it worse. John Woods gave absolute fluff updates for months on their YouTube channel, saying a lot of technical jargon and making vague analogies to Apple products but nothing in the way of actual technical changes you could actually go and try for yourself on the testnet.

I suspect at this point, Charles doesn't really care anymore. He has his nice house, he's got to travel and live in luxury. He's only invested in maintaining the grift because it props up the price of his bags for future dumping. And talking about Cardano like it's a real project with great promise strokes his ego. I suspect he's already "made it", because he got in so early into ETH, and then also having ETC as well to dump. He strikes me as the kind of guy to support ETC purely out of pettiness for getting kicked out of working on ETH. But there is a point, where if your net worth is in the millions at least, that you say: who the fuck cares? Just retire early and enjoy the rest of your days doing whatever you want quietly.

>> No.57116938

>>57115563
This dumb son of a bitch is really going to flip ethereum isn't he

>> No.57117036
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57117036

>>57115578
ADA fud on biz has always been as close to a buy signal as it comes.