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/biz/ - Business & Finance


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21696883 No.21696883 [Reply] [Original]

what is stopping me from making my own token with a supply of 1,000,000,000 and setting the price at like $1 and then dumping it all and becoming a billionaire? maybe slightly less than a billion obviously for gas fees and whatever

>> No.21696956

>>21696883
people have to actually buy the token you stupid fucking moron

>> No.21697000

Selling something requires a buyer.

>> No.21697026

Imagine not understanding the basics of crypto.

>> No.21697034

is this real?? How did you get here?

>> No.21697056

>>21696956
>>21697000
right but can't I simply dump them on uniswap for future buyers?

>> No.21697064

Yikes

>> No.21697088

>>21696883
You dont set the price, fucking mongrel

>> No.21697110

>>21697056
go back to the mom minion groups on facebook.

>> No.21697111

>>21697056
Are you fucking retarded? Go back to high school

>> No.21697134

go for it bro

>> No.21697146
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21697146

>>21696883
lol yes but no but actually yes.

you can make a meme coin.
If I knew cs Id make a cate coin to rival doge.
Then make an online store selling cate items (shirts, mugs, sticks, patches, etc) but can only be purchased in cate coins.

since doge is a signaler for btc then cate would be the signaler for eth. probably would incorporate a 4chan aspect to kinda of like a call out to the caturday times.

>> No.21697153

>>21696883

nothing, all the cool kids are doing it.
except you should probably set ICO price at much lower than 1 dollar.

>> No.21697185

>>21697056
You seem like the sort of guy who needs to find out what happens at your own expense. Maybe put up a few bucks and find out yourself.

>> No.21697213

Jesus fucking Christ, these are the newfags we're dealing with...

>> No.21697221

>>21697146
thank you anon this was actually my idea i was going to make meownero (purr) to replace doge

>> No.21697263

>>21697221
call it cate and use the heavy breathe cat meme.

consider merch and shill on twitter. only way to buy is tthrough your merch. Tbh id buy your scam

>> No.21697265

>>21697221
just want you to know that we will reject your coin here at /biz/ purely for your retardation.

>> No.21697336

>>21697265
i said i was a brainlet in the title man

>> No.21697458

>>21696883
This gives new meaning to self made millionaire.

>> No.21697531
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21697531

Never fucking change /biz/. Put me in the screencap.

>> No.21697684

>>21697111
I'm 34 wish i was back in high school lol

>> No.21697783

>>21696883
Anons will call you a retard but that's what Tether did and they're fucking rich.

>> No.21698306

this could actually work

>> No.21698416
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21698416

>>21697783
no, he's actually fucking retarded. you can't just "set" a price. it has to be sold for that price. tether only sells for $1 because people pay $1

>> No.21698794

>setting the price
based

>> No.21698894

>>21698416
i don't think this is true you can set the price depending on how much token and eth you put into uniswap i just researched this

>> No.21699085

>>21698894
you can sell to yourself to set the market, but it's traceable and in the end you still have to get someone else to pay that price. just because you sold to yourself at $1 doesn't mean someone else will buy at that price. also, there is also the problem of liquidity. if he makes a uniswap scam he will have to put up the eth for it as well, as you said.
this is often why people say, for example, a team might have $3,000,000 in tokens but if they rugpulled the project, they'd only be able to scam however much the liquidity allows them to

>> No.21699107

>>21696883
>what is stopping me from making my own token with a supply of 1,000,000,000
Your inability to code

>> No.21699149
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21699149

I might not have made the best decision since I started trading crypto, but at least I know how to code and make more than a year than you do in 3 holding this or that coin (while dealing with waking up in the middle of the night and checking the price of shit)

>> No.21699187

>>21699149
Could you learn me how to make more than a year?

>> No.21699204

>>21699085
oh shit you have helped me realize what a moron i am thank you
>>21699107
don't need to code to make a token go on token mint brainlet

>> No.21699223

>>21696883
>Ampleforth dev here. What is stopping me from...

>> No.21699238

>>21696883
everyone replying to this thread is a newfag and a brainlet

>> No.21699253

>>21696956
Just make it defi, offer unrealistic return and people will buy that shit up.

>> No.21699274

>>21696883
OP don't listen they are just jealous, this is brilliant

>> No.21699482
File: 58 KB, 600x800, peepeeeee.jpg [View same] [iqdb] [saucenao] [google]
21699482

>>21699274
thank you fren
try it out for me i'll only fuck it up

>> No.21699549

The absolute state of crypto