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/biz/ - Business & Finance

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6744890 No.6744890 [Reply] [Original]

Guys tell me why this wont work:

>create shitcoin
>total supply 1000000000000000000000000000
>i hold 10% of it
>minimum price on every exchange is 1 sat
>instant market cap of a trillion, number one crypto
>i sell
>be richest man on the planet

>> No.6744947
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6744947

Could work

>> No.6744968
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6744968

>> No.6744970

>>6744947
Right?

>> No.6744973

>>6744890
I'll sell you my used cigarette for infinite.

>> No.6744993

>>6744890
>implying this isn't the strategy of literally every new shitcoin

>> No.6744994

>>6744890
This is exactly how tether works

>> No.6745003

>>6744890
I'd give it a go if I even knew how to make these.

>> No.6745007

>>6744890
sounds like tron

>> No.6745048

>>6745007
Good one

>> No.6745101

>>6744890

The problem is not creating tokens, it's getting people to buy them.

>> No.6745181
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6745181

>>6744890
only stupid people are going to buy such a shitcoin. but it could work with dudes like the ones in the picture. these dues are still buying the bcc crap.

>> No.6745212

>>6744994
Anyone interested in refuting it? Any takers?

>> No.6745319

>>6745101
All you'd have to do is get it listed on some sort of exchange somewhere.
>shill it anywhere
>wait
>???
>profit

>> No.6745363

>>6744890
they would just bundle your coin into lots of 10^17
nice scam but won't work
i mean, it sort of works...this is why stock actions happen before IPO, since psychology dictates prices < $10 are cheap irrespective of marketcap

>> No.6745454
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6745454

it may also backfire with no one listing your shitcoin
better to launch a regular old shitcoin

>> No.6746135

>>6744890
This is the strategy of every single Chinese shitcoin that comes out. TRX, INT, etc

>> No.6746563

>>6746135
hey man etc isn't a chinese shitcoin

>> No.6746676

Low volume shitcoins that are worth less than 1 satoshi generally end up with LTC or ETH trading pairs instead of BTC ... Your idea won't work retard.

>> No.6747148

ok

>> No.6747211

>>6745003
Takes 5 minutes on Waves, get it listed on EtherDelta and you will be able to get on coinmarketcap

but its worth holding 70% like ripple so you can drive the price up

>> No.6747356

>go to ED
>see trillion dollar buywall on depth chart
>buy it anyway
Bulletproof plan, fampai.

>> No.6747397

>>6747356
fuck, sellwall I meant

>> No.6747422

wouldn't be able to sell if there's nobody to buy...