[ 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: 19 KB, 1000x646, PREMINED SHITCOIN.png [View same] [iqdb] [saucenao] [google]
16828337 No.16828337 [Reply] [Original]

Explain to me how something like MakerDAO is any different than Bitconnect. Or any of the other DeFi/PoS scams.

>> No.16828366

>>16828337
do you know anything about Maker or are you just fishing for autists to do research for you

>> No.16828401

>>16828366
I thought it was a primary driver behind the defi shit. Maybe I'm wrong.

>hodl these bags, "stake" them to earn more shittokens while I dump on you

>> No.16828576

>>16828401
https://makerdao.com/en/whitepaper/
read specifically about CDPs, stability fees, the MKR token, and the DAI savings rate

>> No.16828604

>>16828576
I'm not going to do any of that.

>> No.16828873

>>16828604
stay poor

>> No.16828893

>>16828604
>Explain to me how...
>I'm not going to read anything

Get fucked

>> No.16829932

>>16828893
He didn't explain anything. He just linked to his ponzi whitepaper.

>> No.16830232

>>16828604
alright then Mr. Lazy you should buy some Ferrum unironically its easier to get rich off of than Maker

>> No.16830599

>>16829932
Yeah. Read the fucking whitepaper retard. It's not hard, and it is probably one of the most interesting crypto projects in the last few years.

>> No.16830711

>>16830599
>it is probably one of the most interesting crypto projects in the last few years
REALLY? I never hear that said literally everyday here. I'm definitely going to read the scam paper now!

>> No.16830748

It isn't
>/thread

>> No.16830817

>>16830711
So what's the purpose of this thread then? I spoon feed a lot of people here, but you are looking for more than a spoonfeed. You want the fucking food to appear magically in your stomach.

You can get loans without having to rely on a central entity like a bank. They pay you interest by helping make those possible. Figure out the rest yourself you bitch.

>> No.16830887
File: 14 KB, 270x330, 1549016106566.jpg [View same] [iqdb] [saucenao] [google]
16830887

>>16830711
of all the stinks, shills & stiffs, you're probably the dumbest

>> No.16831434
File: 4 KB, 275x183, FRM.jpg [View same] [iqdb] [saucenao] [google]
16831434

>>16830232
> he's right you know

>> No.16831808

>>16830817
>You can get loans without having to rely on a central entity like a bank
Who the fuck is taking premined shittoken loans? Do you not see how pants on head retarded this whole thing is? You're being scammed.

>> No.16831832

>>16831808
You're so retarded lol holy shit. Shut the fuck up. Just stick to stocks and fiat man, you'll make it for sure. I don't really need to justify anything to you because you want me to argue against "yeah so I think it's gay"

>> No.16831846
File: 237 KB, 893x678, 1516298378868.jpg [View same] [iqdb] [saucenao] [google]
16831846

>>16831832
Imagine being this booty bothered because you just realized defi is a complete scam and literally NOBODY is going to take a loan on a retarded premined shittoken.

lmao at your life.

>> No.16831869

>>16828873
>implying anyone not in shittyaltcoins in year 2020 is going to be poor

>> No.16831874
File: 118 KB, 900x600, 1574728782671.jpg [View same] [iqdb] [saucenao] [google]
16831874

>>16831846
Start shitty threads, get shitty responses.

>> No.16831875

>>16831832
If I've ever seen a triggered fag on here it would be you right now.

>> No.16831897
File: 47 KB, 1218x1034, 1515611325505.png [View same] [iqdb] [saucenao] [google]
16831897

>>16831874
There are 4 or 5 shitposters defending this pile of shit in this thread and nobody can justify taking a loan on a premined shittoken. I can't convince you that you're being scammed, but when you do lose all your money I want you to remember this thread.

Also since you love premined shittokens and coins so much, buy some xrp. I hear they're going to da moon!

>> No.16831908

>>16831897
Read the whitepaper

>> No.16831918
File: 79 KB, 1085x741, 1515111207628.jpg [View same] [iqdb] [saucenao] [google]
16831918

>>16831908
>Read the whitepaper
>a revolutionary new way of bag holding
>you hold these bags, we dump on you and you get more premined shittokens
>buy now!

lmao

>> No.16831920
File: 4 KB, 230x219, .jpg [View same] [iqdb] [saucenao] [google]
16831920

OP is Craig's shill, by the way.

>> No.16831950
File: 187 KB, 846x673, 1577156494625.png [View same] [iqdb] [saucenao] [google]
16831950

>>16831918
You don't know what you're talking about and its painfully obvious. But knock yourself out on trying to fud a stablecoin

>> No.16831952

>>16831920
>OP calling out premined shittoken scams
>automatically means he's in BSV

Way to compliment BSV, retarded niggerfaggot.

>> No.16831962

>>16828337

Staking MKR is staking Power.

>> No.16831965

>>16831952
Relax. I'm just pointing this fact out.

>> No.16831998

>>16831950
>But knock yourself out on trying to fud a stablecoin
>it's a stablecoin guise, that means it's not premined shit where someone controls the supply and dumps on retail retards

>>16831965
All you're pointing out is if you stand against token scams you must be a BSV shill, which is odd.

>> No.16832013

>>16831998
Nah, I'm pointing out that you're Craig's shill, innit? Nothing to do with the rest

>> No.16832025

>>16832013
I haven't shilled BSV at all. You keep bring it up to remind everyone it exists though.

>> No.16832039

>>16831998
What do you want from me? You're wrong, but you won't understand it unless you read the whitepaper.

Or do you just want me to be le mad?

>> No.16832054

>>16832025
Dude, you're a coward. Both you and I know you spammed Craigs in another thread down the catalog.

>> No.16832099

Maker is interesting but it's definitely a shitcoin. It's not as blatant of a scam as bitconnect

>> No.16832113
File: 33 KB, 544x491, 1510297673149.jpg [View same] [iqdb] [saucenao] [google]
16832113

>>16832054
>Dude, you're a coward

Dude, you're a retard. You're shilling BSV for me.

>> No.16832129

>>16832113
C O W A R D
O
W
A
R
D

>I haven't shilled BSV at all
We both know you spam Craigs

>> No.16832154
File: 24 KB, 491x396, 1573329453780.jpg [View same] [iqdb] [saucenao] [google]
16832154

>>16832129
You're such a fucking moron lmao. Okay, you want to talk about BSV so badly. Lets talk about it.

Hell I'll even cregpost for you.

>> No.16832178

>>16828604
oh look, op is yet again a massive faggot

>> No.16832199

>>16828337

Well sir it looks like you may have hit the epiphany every alt coin will soon come to, congrats! Can you retards please speed up the process so bitcoin will moon tho?

>> No.16832233

>>16832199
sorry anon, the jews have gotten a hold of btc and will cuck it like they did gold. you literally missed the boat past 2017

>> No.16832547

>>16828337
Put in $500 and stfu. Congrats, you won. Now wait 2 years and remember this trashtalk fiesta you engaged.

>> No.16833430

>>16832154
wow what a surprise

>> No.16833555

>>16833430
I love how someone ranting about token scams is automatically assumed to be in BSV. Seriously says a lot.

>> No.16833718
File: 83 KB, 600x500, 1577481958313.jpg [View same] [iqdb] [saucenao] [google]
16833718

>>16833555
if you have time to shitpost this much then you have time to educate yourself on what a CDP is, what DAI is, what MKR does (hint people don't lend it or earn dividends/yields with it, nor do they need to stake it to use the Maker platform), what the stability fee does, and what the DAI savings rate does, but desu at this point it just seems like i've been epicly rused

>> No.16833736

>>16833718
If someone wanted to make a stable currency based off w/e say a basket of currencies, then fine go do that. What everyone on mETH tries to sell you is that it's "decentralized". It's not. With tokens you are trusting the issuer EVERY FUCKING TIME. Make peace with that and we'll talk.

Further using premined shittokens as a basket is full retard, mETH doesn't scale and you're all going to lose.

>> No.16833754
File: 28 KB, 633x758, 1567739386682.png [View same] [iqdb] [saucenao] [google]
16833754

>>16833736
>Make peace with that and we'll talk.
there would literally be nothing to talk about if you just read a few paragraphs from the whitepaper, the whole reason this thread is stupid is that you could just answer all of your questions and doubts about Maker if you read a few paragraphs, im not going to spoonfeed someone who is proud of being wrong about things whose true nature can be ascertained from 15 minutes of reading

>> No.16833804

>>16833754
>MKR voters can then use their MKR tokens to cast approval votes for the proposal that they want to elect as the Active Proposal
>faggotdao foundation has a lion's share of these shittokens that they created from nothing and have provided literally nothing of value to the world with

Say it with me. Premined proof of stake shittoken. Centralized scam.

>> No.16833826

>>16833804
nice! so you read about the function of MKR now go read about the other 4 things i mentioned

>> No.16833885

>>16833555
explain how some fucking lending platform is a scam

>> No.16833903
File: 65 KB, 1280x720, maxresdefault.jpg [View same] [iqdb] [saucenao] [google]
16833903

>>16833885
You do realize that Bitconnect was a proof of stake lending platform, right?

Defi is a bit more cleaver, but it's the same shit.

>> No.16833963

ITT: op tries to use the tactic of acting like a retard to rile angry people to explain things to him, because he's too lazy to do it himself.
Just ignore.

>> No.16834102
File: 153 KB, 500x573, epoque-long-vitalik-buterin-protects-ethereum-from-shillers-30145009.png [View same] [iqdb] [saucenao] [google]
16834102

Anons take note.
The size of this thread.
Diverse fud and shills.
Compare it to the xrp threads and bsv.

Now go forth and buy makerDao.

>> No.16834121

>>16833963
THIS, OPs a classic Zoomer/Nigger.