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/biz/ - Business & Finance

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23096494 No.23096494 [Reply] [Original]

Venture Capitalists funds ruined crypto.

The reason you can't make money on ICOs anymore is that every single project has big funds getting big shares of the token supply at 1/5 when not 1/10 of the public sale price. The days where the majority of tokens were in public sales are over.

Once the tokens arrives on exchanges they pump the coin/token a little bit to attract suckers then immediately dump to cash out their initial investments.

They farm suckers investing in VC scams all day everyday, they're cattle to them, free money.
You will lose all your money buying VC scams like Avalanche, Algorand, etc...

>> No.23096525

and that is as it should be

>> No.23096526

>>23096494
>he isn’t spending all his time on TG cultivating relationships to get presale invites and flipping them
The old way is dead, any “legit” project will get bled dry by suits. You think they’ll ever let another chain link fly under the radar? You have to invest in small “indie” projects

>> No.23096554

I really don't even know why dumbfuck crypto devs bring VCs on board in 2020. Why give up half your token supply to some fucking nigger?

>> No.23096583

>>23096554
>Why do I want stability to develop my project without having to fear to be blackmailed by anarcho whales
who would know. You need to look for another niche. Try drop shipping again

>> No.23096604

>>23096583
Erm, nigger, you think VCs dont make demands to their devcuck slaves? Look at Manderson from Framework Ventures. That cunt is constantly putting pressure on his wageslave devcucks.

>> No.23096629

>>23096604
stability, secure income and funding, externalized marketing and networking is to be preferred to being dependent on individual fundraising and praying to not fall victim to some pesky mid 20 faggots with daddys cash. Try drop shipping from India

>> No.23096648

>>23096583
>stability
If they wanted stability they would launch a single capped public sale and airdrop some of the supply so it's well distributed and diluted.
No what they want is guaranteed money, the devs bringing VC onboard throw the enthusiasts under the bus and kill any chance a community will ever form around their platform.
They are cynical scammers, hell why their projects are called VC scams.

>> No.23096658

>>23096648
>community
go join a drum circle hippy

>> No.23096669

>>23096494
who is this guy and why is he 4chan's an hero?

>> No.23096676

>>23096658
t. invested in a VC scam stillborn platform
Your shitty wannabe ethereum killer will bleed to death and noone will ever build on it

>> No.23096690

>>23096669
Terry Davis, gay homeless schizo who wrote a shitty operating system and killed himself

>> No.23096701

>>23096676
>implying
you don't know shit. Go hunt for the next gem, waste days on research, do your little community treasure hunts maybe you get lucky, or smarter people like Cronje or some chinese kid steal all your money

>> No.23096702

Where I come from, premined coins have allways been a scam

>> No.23096743

>>23096701
I know better than you, I'm far more intelligent than you, that's why I don't buy VC scams and I'm up while you're being cummed on by VC funds from America to Asia.

>> No.23096776

>>23096743
>implying
you don't know shit. Maybe you are projecting, I can't know. Did you had big hopes in avax, tezos and tried to shill your bags to your community, or are you one of those delusionals that has build his hopes and dreams on the age of dexes, and tried to shill his bags to his community. No matter how it is turned, the old ways are dead, and it is for the best

>> No.23096870

>>23096776
I never held any VC scam you projecting bagholder. I know better than that.

>> No.23096877

>>23096870
I did neither. Then you must be a dex freak, or did you tried to jump early on the nft train or storage tokens.. cant even type it out without laughing

>> No.23096879

All it requires is a bit of communication between us marginalised small folk.
None of u are capable of that sort of higher order thinking though.

>> No.23096903
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23096903

>>23096879
>All it requires is a bit of communication between us marginalised small folk.
>None of u are capable of that sort of higher order thinking though.

>> No.23096920

>>23096690
t.cianigger

>> No.23097058

Fuck VC niggers. It makes me laugh when I see new projects jumping straight to top 20. Why would anyone buy it when it's already so high? Dumb niggers.

>> No.23097071

>>23096554
Because vcs are dumbfucks too.
devs literally sitting on their premine shitcoin selling off 1/1000th share of their total supply they printed form nothing

>> No.23097082

>>23096494
literally 0 VC money in cap
look it up OP

>>23096788
>>23096788
>>23096788

>> No.23097102
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23097102

>>23096676
eth is killing itself retard

>> No.23097117

Lol , do yuropoors really type like this, or are the Indians getting slightly smarter?

>> No.23097195
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23097195

https://duckdao.io/

A potential solution. Anon, but the team has been very active and they have a few successful sales already.

>> No.23097211

>>23097195
Taiwanese kids that didn't had the reputation to get vc money because it is nothing more than a scam. Hey gem hunters isn't that something for you. Instead of doing charity give the poor kids your money without middleman

>> No.23097215

>>23096920
haha he said the meme again

>> No.23097249

>>23097211
I honestly can't parse what you wrote.
I'm keeping my eye on the project, the idea is solid and like I said the team seems active. But of course I'm not aping into an anon project like that without seeing consistent results for a decent amount of time.

>> No.23097392
File: 435 KB, 2445x1200, duckdao.png [View same] [iqdb] [saucenao] [google]
23097392

>>23097249
Who is your target demographic group? Asian stay at home moms with a duck fetish?

>> No.23097654

>>23096494
>VC scams like Avalanche

The price of the public sale was same the private. Also the public sale was bigger the private. Both have same vesting schedule.

Kys, pajeet.

>> No.23097671

>>23096494
>VC scams like Avalanche
The price of the public sale was same as the private. Also the public sale was bigger than the private. Both have same vesting schedule.

Kys, pajeet.

>> No.23098254

>>23097392
Do you know any?

>> No.23098329

>>23098254
non that was into ducks, she was a giraffe fan