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

/biz/ - Business & Finance


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21660003 No.21660003 [Reply] [Original]

>>21657847
It takes literally 10 minutes to make an ERC20 token, here's how it goes
>A few people get together on Discord, like 10-15
>Create your scam coin, for example, the new "Hitler coin"
>Everybody on the discord buys it
>Then everybody shills it on /biz/
>Retarded /biz/ newfags buy it
>They get dumped on
>The coin creator and discord guys make some money
>Rince and repeat
This shit has been going on for months, why are retards still falling for it?

>> No.21660048

>>21660003
lol how much $ do ppl cash out?

>> No.21660073

>>21660048
I've not done it personally, but I know for a fact this is exactly how it works, they make a few grand AT MOST, if they shilled for a few days, but who cares, you can do it endlessly there will ALWAYS be retards to buy your PnD scam

>> No.21660132

>>21660073
Ah ok. So all I have I have to do is write up a 50 page white paper, put up some diagrams, and shill on here?
Sounds pretty easy.

>> No.21660171

>>21660132
don't even have to write a whitepaper. just claim it will 100x/10x and post the uniswap.

>> No.21660205

>>21660132
Hold on bro, that's the funniest part, you don't even need any of that shit, just a catchy name and 10 people shilling will actually be enough to convince some retards on this board:
Here how those retards think : "I know this is a PnD, but I'm still early, so I can scam the people who buy after me"
Except most of the time they get dumped on anyways, and in a way they deserve it, if you want to scam your fellow /biz/reaelites, you deserve the rope
I wish this board was more united, like other boards on 4Chan, we could actually get rid of those PnDs

>> No.21660211

>>21660132
Nobody reads that shit

>> No.21660260

>>21660205
100% agree, I wish we could get rid of that shit, it pollutes the board, and if you are new here you can easily fall for this scam, but I guess jannies simply don't give a fuck that scammers shill their 72h PnDs around here

>> No.21660279

bump

>> No.21660306

>>21660260
Exactly, this is why the "fren" and "we're all in this together" threads make me cringe, there are so many people willing to fuck other anons over for a quick buck here

>> No.21660350

there are retards dipping into their savings to buy COOM coin because they think it will inexplicably explode in value

>> No.21660376

>>21660003

>Implying Bitcoin isn't just a massive ponzi

The value of a currency is defined by who is interested and sees value in it. That's all 'money' is.

TL;DR - It's all an illusion fren, that's the game. They are all 'shitcoins'

>> No.21660382

>>21660350
Coom coin will be dead within a week, at best

>> No.21660401

>>21660350
Now we're at the point where they realize they bought actual worthless shit and they try to leave someone else with the bags.

>> No.21660416

>>21660376
Except that btc gets more secure the more blocks get added.

>> No.21660418

>>21660376
Stop being retarded on purpose, please, there is a difference with bitcoin, the first cryptocurrency, that actually serves a purpose, and is there for the long run, and a coin generated in 10 minutes, that will have a lifespan of 3 days, no utility, that is just there to scam people.

The first one can have real world value (buy actual commodities with it), the second one is just an illegal operation

>> No.21660422

>>21660003
Coom is the exception

>> No.21660437

>>21660401
This is the perverse effect of this scam, this is exactly like MLMs, once you realize you got scammed by the people on top of you, your only option is to scam people below you, effectively making you part of the group that scammed you in the first place, that's some twisted, fucked up shit

>> No.21660487

So lets do it together frens. I have 5 coins ready to go, i can set up websites in 24 hours and social medias are all aged at least a year...... Docs are already written.....lets go

>> No.21660536

>>21660003
So what you’re telling me is to buy TRANQ?

>> No.21660547

>>21660487
that's the thing. we literally could all together, in this thread out in the open coordinate all this and launch a token, shill it and sell in an hour then let the greedy retards who all bought this shit crab into nothing over 24 hours

>> No.21660579

>>21660487
Quick post disc link and delete thread

>> No.21660592

The problem is that real 4Channers are a minority on /biz/, the board is full of pajeets, redditors, and other borderline retards, you can imagine it lowers the quality of the board, people come here because they think they'll get rich (they won't), not because they are anons.
For real, you can post the biggest bait thread possible, like this >>21659714
And some retards are actually going to fall for it.
The average IQ on /biz/ is unironically 20 points below that of any other boards, it's not that the anons here are stupid, it's just that there are few of them. This is why those coins work so well here.

>> No.21660684

>>21660592
dude did you not see POMP? LITERALLY FUCKING CALLED POMP, and dipshits bought into it and got rekt. they cried in thread seriously asking "how can they do that" like they had no clue you could even get scammed. just need a half decent website and 5 people shilling for 10 minutes and enough retards think they can "get in early".

>> No.21660689
File: 26 KB, 713x611, 1511935747291.png [View same] [iqdb] [saucenao] [google]
21660689

>>21660048
I pulled 2 ETH out of FUDcoin today. just sat in their telegram and had to put up with their shitty zoomer pol memes for less than 24 hours. worth it

>> No.21660709

>>21660171
>>21660205
BRUH. WTF AM I DOING WORKING AT AMAZON FOR 15$ AN HOUR.

>> No.21660736
File: 1021 KB, 1149x1700, 1597913970981.jpg [View same] [iqdb] [saucenao] [google]
21660736

>>21660592
>>21660684
This.
It's utterly baffling how you can instantly recognize who's from here and who isn't when looking at threads created and/or bumped by these niggers.
During my several shameless attempts at gambling lunch money at shitcoins, I saw firsthand how people in the TG channels treat this place as a flea market to shill their bags. It's astonishing. /biz/ is the best and the worst place to discuss anything crypto or even investment related.

>> No.21660751

>>21660689
literally what i did with both COOM and VIEWS. its my day job now im up 2000 off just a few days work and i dont see any reason why i shiouldnt just make my own shitcoin

>> No.21660765

>>21660592
/biz/newfag. I only came for the Komm Susser Tod moment and got kinda sucked in. Has it always been this bad? It reminds me of /b/ and /pol/. Is this the new newfag destination?

>> No.21660797 [DELETED] 

>>21660684
I refuse to believe there's actual retards like that. I usually filter out these pajeet shitcoin threads because I cba gambling on them.

>> No.21660799

>>21660751
>i dont see any reason why i shiouldnt just make my own shitcoin
fudcoin convinced me to do the same. 80 "devs" in that telegram and not a single one knew anything about solidity or basic web dev. they just copy and pasted another tokens contract and changed 2 variables lol

>> No.21660802

>>21660260
Jannies are often in on the scam. Why do you think anyone else would volunteer to be a tranny? I remember when Nexeum was being shilled, I went to the discord and you could immediately tell it was a PnD. I made like 3 threads warning anons about it, and all 3 got taken down, each time I got IP banned. Got tired of making proxies so I was like fuck it I did what I could.

>> No.21660839

>>21660003
Thinking about making a unicock token. One big cock to for de-fi to hang on to. Maybe I will get McAffee to shill it. Dumbasses are stupid enough to fall for it.

>> No.21660854

>>21660003
More pertinently why aren't mods banning the posters of those threads.

>> No.21660873

>>21660802
Fuck, I didn't know it went this far, you think jannies are on these discords?

>> No.21660906

>>21660592
I think it works both ways though.
They go to /biz/ to shill their shit, but have to adapt and try to fit in. It doesn't work well, but changes their perception of crypto market a step by step. Clash of anons and pajeets creates most bizarre memes, and pajeets and redditos take these memes off the /biz/, to twitter and reddit, changing their perception of crypto as well.
It's bizarre, but entire crypto world now resemble /biz/ and i can't help but laugh at this shitshow

>> No.21660923

>>21660854
Yes they will delete legitimate threads very annoying

>> No.21660933

>>21660751
How do you even get in "early" on these? Aren't you afraid of being rugpulled, what's the trick?

>> No.21660953

>>21660873
100%

>> No.21660963
File: 497 KB, 654x663, 1597454214189.png [View same] [iqdb] [saucenao] [google]
21660963

>>21660003
can you give some examples anon? im writing a research article about this

>> No.21660982

>>21660003
>It takes literally 10 minutes to make an ERC20 token
Is there a current guide for this? I've only found documentation from 2017, it's a big mess.
If I didn't I wouldn't be running a scam, I'd just do it for meme value.

>> No.21660985

>>21660953
Fucking Hiroshigook, do something AAAAAAAAAAA

>> No.21660987

>>21660802
I've been isp banned for basedposting the jannies are total cucks

>> No.21661002

>>21660003
This is exactly what The criminal scammer spydrzero does. https://www.publish0x.com/liteliger-blog/myxnetwork-exposed-connection-to-network-of-similar-pnd-proj-xvrlrje

>> No.21661011

>>21660933
i just got back into crypto, unemployed and refreshing biz 16 hours a day. no idea what im talking about but ive caught onto this scam at least. find every coin that just launched, theyll have zero replies and a uniswap link then you just buy 0.1. start doing your research after you bought. and come back to either less or more money. then you just play cash out chicken for 15 minutes at most and sell for profit. if i wasnt a poor fag my $2000 could have been MUCH MUCH more.

>> No.21661018

>>21660933
This. People want a 1000x return without doing any effort.
Gotta at least check if there's a white paper and that it's on at least one exchange.

>> No.21661021

I only buy crypto if I see a related meme that only a true 4chan user could make.

>> No.21661022

>>21660689
based nigga

>> No.21661028

>>21660963
Pretty much any "uniswap gem" is a PnD, especially if they don't even have an icon, hitler coin, coom coin, 69 coin, you name it.
>>21660933
You don't, if you participate in that shitshow you unironically deserve to get fucked, what you can do is get an airdrop and cash it immediately, if everybody did that, those shitcoin wouldn't exist

>> No.21661051

>>21661011
>if i wasnt a poor fag my $2000 could have been MUCH MUCH more
Very unlikely you could sell it all

>> No.21661089

>>21661051
yeah true, probably working to my advantage im not putting that much in. however if i bought more VIEWS when i got in that thread at 0 replies Id have made 10s of thousands. most of these you wont be able to even get out early enough on, but ive done it so its at least possible.

>> No.21661118

>>21661021
This, it's the only benchmark I care about

>> No.21661119

>>21661089
As soon as it appears on /biz/, it's too late to "get in early" retard

>> No.21661132

>>21661119
yes, but not always

>> No.21661181

>>21661089
BRUH big brain move. Minuteman pnd. How long does it take to make a coin go to zero? As in if I cash in $100 at new thread, how long should I stay before cashing out? No more than 1 hour?

>> No.21661197

I bought 6million hitlercoin
am I gonna make it?

>> No.21661203

>>21660003
for months? more like years?

>> No.21661213

>>21661181
yeah id say as a brand new retard to this who may just be completely lucky, that even going over 30 minutes is pushing it. but coom did reach peak in like 1 hour half, VIEWS ended up taking all night before it blew up to $40 each after being $1 for 6 hours. thats why i say do your own research after you buy then feel it out.

>> No.21661226

>>21661132
>>21661181
Is it even worth it? You're wasting your time playing Pajeets game when there are plenty of legitimate things to invest in. And one of these days you night find that the rug got pulled a little too hard on you

>> No.21661253

>>21661226
It is not worth it, and I may be entirely done doing it and seriously focusing my efforts on making my own PnD meme coin. could take my profits and use it to add liquidity. better off gambling on my own shitcoin than someone elses

>> No.21661316

>>21661226
I know, but if I can 4x on a $30 investment on a daily basis I don't have to work a minimum wage job.
I don't want in, but I'm tired of being a wagie.

>> No.21661341

>>21660003
>This shit has been going on for months, why are retards still falling for it?
Because it works? Duh

>> No.21661366

>>21660003
Well, if anyone wants to drop some telegram or discord links...

>> No.21661449

>>21661366
bizonacci#0298 add me anyone if you wanna dump on retards. we dont all have 15 frens to do this with might have to make some new ones

>> No.21661456

Ok here is my coin. It will be named FUD coin. Premined and capped at 1 billion. I will keep 70% for future project funding. It will solve oracle problem, provide smart contracts and will be backed by estonian government. Please buy.

>> No.21661475

>>21661456
I am completely aware this is a scam but will buy anyone because im so greedy and think i could get away with selling while others foolishly buy in

>> No.21661481

>>21661449
Unironically kys

>> No.21661495

>>21661481
unironically will but at least village will be fed

>> No.21661631

>>21661449
okay enough adding me, just join this discord EMr7fU

>> No.21661634

>>21661316
$120/day
>not a minimum wage job

>> No.21661671

>>21660382
>>21660350
Yeah they don't get that WAIFU actually had work put into it and was still a stupid pnd. COOM is too tasteless to get big with normies. Its only value is ripping off tards, it's one step above the TRANQ charlatan.

>> No.21661716
File: 925 KB, 1200x832, 1517802401611.gif [View same] [iqdb] [saucenao] [google]
21661716

>>21661631
>>21661631
>>21661631
>>21661631
get in here faggots we're putting together a team

>> No.21661771

>>21661002
Here are the rates for getting your coin shilled by the Youtubers in the article

Elliotrades- $6k
bitboy- $20k for a feature video consisting of just your coin, $5k to be a part of his bi-weekly altcoin toplist.
wendyO- $1k
Crypto JRNY- $2k

Now some other guys not mentioned:

Chico- Dynamic rate from $4000-$10k depending on how good the project his, only person who has a stipulation that says he will vet the project before shilling.

Boxmining- $25k + $5k for AMA

AltcoinDaily- $18k

CryptoBusy- $2k

t. work for a marketmaker firm who also does influencer marketing for the coins they take on.

>> No.21661791

>>21661671
b-b-b-but liquidity is locked!!!!


i wanna make a scam coin starter pack and >liquidity locked

would have to be on there along with

>burning x%

and

>parabolic gem

>> No.21661826

>>21661791
Liquidity locked doesn't matter here's a thread by ScamHunter who exposed one such scam that ran for over 2 weeks and made out with $350k

>>21439787
Original thread: >>21390338

>> No.21661833

>>21661791
Liquidity locked is a good once because retards haven't figured out nothing stops you dumping your dev stack endlessly.

>> No.21661888

>>21661671
Is waifu a PnD? That's a shame, I thought it might actually have potential and a product behind it. Some of those whale wallets definitely looked suspect though. They should have just went with it long-term

>> No.21661926

>>21661888
I don't foresee anything serious coming out of it. They didn't really make it a complete ripoff, it does have a sort of retarded use case, but no one really expects that to ever eventuate.

>> No.21661968

>>21661833
Don't forget that they can also trick you with the 100% supply liquidity locked and then just mint new coins.

>> No.21661981
File: 21 KB, 400x400, FYvmeBK0_400x400.jpeg.jpg [View same] [iqdb] [saucenao] [google]
21661981

>>21661826
>Ruze

>> No.21662001

>>21661981
They aren't even trying. Like he said the devs must be laughing their ass off by scamming people with a name like Ruze.

>> No.21662019

exactly how chainlink works

>> No.21662429

>>21661716
it's happening. biz is working together

>> No.21662442

>>21661926
Good to know. That's more what i suspected than an out and out scam. I'm going to wait and see if anything happens with the auction they're having.

>> No.21662489

>>21660003
Literally everything on that swap website I dont remember the name something swap I think it has a purple or pink logo, whatever literally everything there is a scam
every fucking thing
If I see a url pointing to that scam site I filter it

>> No.21662524

>>21662489
uniswap sir

>> No.21662564

>>21662524
thats the one
its a website made for scamming

>> No.21662670

>>21662564
do the needful,, sir

>> No.21662785

is it a sign bullrun is coming? any oldfags can comment from previous runs?

>> No.21662814

>>21662785
you missed the bullrun bruv, see you next year, maybe after that
new bullrun will be all about DEXes and blockchain and new etherium

>> No.21662820

That's why I dont buy pump and dump memecoins. I only invest in legit projects with actual usage.

>> No.21662837

>>21662820
name even one

>> No.21662980

>>21662837
Utrust for example, providing instant, protected payment means through crypto. They already have plenty of partnerships too. Casino's, vacation bookings, mobile companies, etc.

>> No.21663024

Hodler of all things under 50k mcap

>> No.21663079
File: 101 KB, 978x861, yamclassic.png [View same] [iqdb] [saucenao] [google]
21663079

Telegram - YamClassic

YamClassic 40k MarketCap and high yields, get in before the degens

>> No.21663107

>>21662820
>I only invest in legit projects with actual usage
ngmi

>> No.21663141

>>21663107
At least I wont get scammed

>> No.21663194

Contracts ran by governance there is no key ownership by the creator of the protocol

https://etherscan.io/address/0x49411930AC0c14713e36Db62700FBE31017aCc9A

>> No.21663372

>>21662980
neat ill look into it

>> No.21663431

>>21662837
COOM.

>> No.21663603

I thought about making a coin called 'Condom'.
The only value would be so you could say you'd have a condom in your wallet.
Funny shit like that doesn't work unless you have retards mining condoms, which will naver happen if you don't promise them mountains of gold.
Idk, I don't feel bad for those falling for pump and dump coins.
Don't be greedy, do your own research, and keep calm whenever everyone is hyped.
You might miss out on great projects because you didn't think there was a future in them, but that's worth the stress you save yourself knowing you won't get rugged.
Also, take those scammers to Kleros court sirs.

>> No.21663635

>>21662837
Lition
Aergo
LTO-Network

>> No.21663671

>>21660132
What’s a whitepaper?

>> No.21664278

>>21660003
newfag here I got scammed by the Dave portnoy coin. could've used more posts like this prior.
but when so much of these boards are just racist slurs and bigoted comments, that fosters an attitude that's receptive or even endorses shitty behavior. so naturally scammers are among those posting here, preying on new users (i.e. retards like myself).
yeah I know better now and didn't lose more than half an eth, but it's the behavior of people like yourself that attracts that kind of shitty behavior. so don't act like you're some fucking genius because you can see through the bullshit now: it's in part because of you that these scams take place in the first place.

>> No.21664312

>>21664278
Lurk moar

>> No.21664364

>>21660132
>>21660211
You could just post someone's PhD on graph theory or mathematical finance and no one will be the wiser. You can find those on university websites or scihub.

>> No.21664385

>>21660003
Link is exactly this on a much much bigger scale. There are jews involved

>> No.21664397

>>21663635
>LTO & LIT
Fucking based and European government-pilled

>> No.21664447

>>21663671
It doesn't matter if this is a larp. Its believable.

>> No.21664541

>>21664447
i seriously dont know what a whitepaper is and ive been buying and selling shitcoins like its a day job for a week and profiting

>> No.21664571

>>21662814
m8 we just entered a bull run rn

>> No.21664600

>>21661771
>>21661002
Premined and shillpilled

>> No.21664642

>>21664447
It’s not a larp it’s a meme dumbo.

>> No.21664788

>>21664541
It's a new paradigm name for "summary document"

>> No.21664955
File: 69 KB, 318x307, SWAP.png [View same] [iqdb] [saucenao] [google]
21664955

Once the TrustSwap Launch pad is live in a couple of weeks anyone not launching on it would have a huge chance of being a scam and not worth the risk. It will be the gold standard for launching new projects.

>> No.21664988

>>21660003
>Hitler coin
Where I can buy?

>> No.21665008

>>21660003
>It takes literally 10 minutes to make an ERC20 token, here's how it goes
>>A few people get together on Discord, like 10-15
>>Create your scam coin, for example, the new "Hitler coin"
>>Everybody on the discord buys it
>>Then everybody shills it on /biz/
>>Retarded /biz/ newfags buy it
>>They get dumped on
>>The coin creator and discord guys make some money
>>Rince and repeat
>This shit has been going on for months, why are retards still falling for it?

Are you talking about Statera?

>> No.21665080

>>21660802
>Jannies are often in on the scam. Why do you think anyone else would volunteer to be a tranny? I remember when Nexeum was being shilled, I went to the discord and you could immediately tell it was a PnD. I made like 3 threads warning anons about it, and all 3 got taken down, each time I got IP banned. Got tired of making proxies so I was like fuck it I did what I could.
Fuck dude, fuck jannies and trannies. That is unironically pretty dark man.

>> No.21665081
File: 9 KB, 300x225, I also do free computer repair sir.jpg [View same] [iqdb] [saucenao] [google]
21665081

>>21664955
Thank you for bringing this to my attention sir.
Sir, a man like you deserves to be very very rich.
If you transfer your money to my account I will DOUBLE your funds.
You can trust me sir, for I have been part of the Kleros court for almost 20 years now.

>> No.21665097

>>21665008
he means PNK

>> No.21665112

>>21662837
Utrust like the other anon said, but also
Ocean protocol and EWT.
ChainLink once they release staking with penalties, before that I’ll still think it’s a scam. Because the partners are literally getting free money rn.

>> No.21665144

>>21665097
He means XRP

>> No.21665149

>>21665144
He means Ethereum.

>> No.21665155

>>21664955
checked

>> No.21665186

>>21664278
Lol you’re not the only one. I see a wallet holding literally a million fucking dollars buy this Dave Portnoy coin.
It's all a game of who dumps first.

>> No.21665197
File: 107 KB, 1125x943, based CEO.jpg [View same] [iqdb] [saucenao] [google]
21665197

just bumping, good thread, but this board is literally unsaveable, 3 years of crypto turned this board into PnD 24/7 pajeets shilling shithole.

threads with actual value are mass spammed by retards and cultists aka discord trannies

prime example is LINK threads, anyone cashing out are attacked by mass brokeass bitches vomit when they literally won the game if they bought in 2017/18 and unloaded at these levels

>>21660003

>> No.21665407

>>21662837
PNK

>> No.21665520

>>21665149
>Ethereum
Don't bismirch Eth with Shat coin.

>> No.21665531

Never buy tokens that are out there just a few days. Wait for one month.

>> No.21665829

>>21664278
Kys

>> No.21666127

I feel dumber after reading all this.

>> No.21666138

>>21661119
then where are you supposed to find out about it first?

>> No.21666179

>>21660003
idk anon this seems pretty immoral

>> No.21666380

>>21660205
This. And the discord trannies shilling this shit will respond to criticism of it being a PnD by saying "yeah we know it's a PnD but WE'RE YOUR 4CHAN BROS AND WE WANT YOU IN ON THE ACTION! WE'LL DUMP ON REDDITFAGS AND NORMIES"

Acting as though they're just helping you out because they're just so charitable, meanwhile you're the sucker left holding the bag. And I don't even feel sorry for anyone burned by this shit, because they themselves were hoping to pull the exact same thing on the people next in line.