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

/biz/ - Business & Finance

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56159915 No.56159915 [Reply] [Original]

Another day, another new all time low for ICP. But why? Why is ICP down only since inception? Here are the facts. Dfinity pays it's node operators in a set monetary value to the tune of 1-3 million dollars a month. That set monetary value is paid visa ve freshly minted ICP. Ergo, the lower the price of ICP the more new ICP must be printed to reach that set monetary value to pay the node operators. The more ICP printed the more inflation we have. The more inflation the less value each individual internet computer has. Ergo, condcordantly, visa ve, we have the Terra Luna Death Spiral. This will only go more parabolic from here onwards. The lower we go the more they print, the more they print the lower we go. On and on into infinity. Maybe that's why they aptly called themselves dfinity.

The Terra Luna Death Spiral curse has touched ICP. Everyone who has ever dipped their toes into the sea of death that is the internet computer is in the red. The only winning strategy now is to short it. There will be no redemption arc. There is no possible recovery from this. Dominic Williams decade long love child the internet computer was dead on arrival. It was a great concept, but nothing can recover from the Terra Luna Death Spiral curse. Adjust yourselves accordingly, gentlemen.

>> No.56159992

How do I short it?

>> No.56160019

not buying in before a fair price, which is what presale faggots paid - 3 cents per ICP

>> No.56160051

Fud. Node operators can only be paid 100k ICP each per month and there are currently over 60 of them. The Dfinity foundation could easily turn all except one off and the inflation rate would only be 100k ICP per month preventing a Luna scenario.

>> No.56160242
File: 154 KB, 1280x720, 1649207946404.jpg [View same] [iqdb] [saucenao] [google]
56160242

>>56159915
hello i am from the future ser
the internet computation is going to be to the moon
please buy

>> No.56160280

>>56160019
When the death spiral starts, it will plummet way under 3c just like luna.

>> No.56160326

>>56159915
deathFinity

>> No.56160462

>>56160326
DownFinity

>> No.56160502

>>56160242
pajeet's basilisk

>> No.56160514

dead alts like icp/avax/ftm/atom dont have enough liquidity for a luna collapse anyway
they're just sliding to zero like all failed alts do,

>> No.56160516

>>56160514
>avax
thats not like the other crap in your list

>> No.56160554

>>56160516
>A-to-B tranny triggered

>> No.56160572

>>56160516
It's even worse

>> No.56160575

>>56159915
Kek another rajniggers fud thread :D say hello to your ball gargler merry band of faggots

>> No.56160592

>>56159992
>How do I short it?
Put all your money into USD, buy and hold index funds, don't acknowledge the existence of crypto and move on with your life. The only time youll think about crypto after that is when you browse this board or see a homeless guy (they DEFINITELY bought ICP or AVAX)

>> No.56160946

>>56159915
never trust the poo backers

>> No.56161073

>>56160554
>>56160572
>seething ICPoors
shouldnt you be playing flashgames on the piss computer right now?

>> No.56161100

>>56161073
unity assets are running at top speed on the dragginz computer machine

>> No.56161248

>>56160051
>> node operators get paid 1-3 million worth of USD paid in ICP each month
>> node operators get 100k ICP each per month and dfinity can just shut them off whenever and be fine

What is the actual truth?

>> No.56161360

>>56161100
nobody cares but 3rd worlders who think crappy flashgames are impressive lol

>> No.56161410
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56161410

>>56161360

>> No.56161602

>>56161248
this

>> No.56161887

>>56161248
They currently get paid 1-3 million dollars a month or maybe less than that. But if the prices drops the cap that node providers would get paid would be 100k each in icp so 6 million a month if that happens which is 72 million in inflation a year but as the other anon said they can just remove node providers

>> No.56162439

>>56161887
i bought at 80. i bought at 40. i bought at 15. i went all in at 6. this comment is my final straw! not me, but this is what it looks like icp anons. this is luna again. good luck.

>> No.56162548

shame. its actually THE BEST TECH in this space... period. makes u think... huh? did Darkcoin/Dash have a rough ride the first 2 years post launch? yep. forms did the same thing, but they got over it. this project is cursed for now, but will they get over it? this vector doesnt help the PA. watching to see how they resolve this. will tell us everything moving forward. this is why you hodlers are paying the foundation big $$$ Tom Brady time, or Kirk Cousins?

>> No.56162600

>>56162439
is this luna again? luna was garbage. icp isnt. everybody hates icp, but they all want it for 3c... nobody wants luna at 3c. just sayin. icp has a lot, but it also has a lot the other way equally... for now.

>> No.56162629

>>56161887
Doesnt dfinity own all the nodes right now? So they're essentially just paying themselves? What kind of sick fuck burns their own house down after spending nearly a decade building it?

>> No.56162667
File: 88 KB, 971x850, _91408619_55df76d5-2245-41c1-8031-07a4da3f313f.jpg [View same] [iqdb] [saucenao] [google]
56162667

>>56159915
ICP has been in a Terra Luna Death Spiral since its inception

>> No.56162739

>>56162600
You’re same fagging. You jeets must be desperate

>> No.56162749

>>56162629
Nope no idea where you go that from

>> No.56162799

>>56162749
How much ICP do I need to run a node?

>> No.56162822

>>56162799
zero

>> No.56162954

>>56162799
None. But you need daracenter-grade hardware (costs around $15K) and approval from NNS

>> No.56163092

>>56162739
like you anon... i too am looking for that eth killer. we all want icp to be that project, but the folks who are running the show just dont get it. i would never buy icp. but it is the best tech. tell me whats better? you cant. go get me a sandwich and be useful at least.

>> No.56163208

>>56163092
Are you retarded or just drunk

>> No.56163344
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56163344

>> No.56163467

serious question how/where do i short icp? this shit stain is going to zero. i live in the united states.

>> No.56163559

>>56163467
Kucoin but they might require kyc now

>> No.56163567

>>56163467
I’ve have open shorts with 10x leverage from $9 and I still have about 5k icp and 20ish DKP. This coin will become profitable at some point

>> No.56163841

>>56163567
my sandwich?

>> No.56163896

>>56163567
"I still have about 5k icp and 20ish DKP" are you sure that you are not the retarded one?

>> No.56164072

>>56163896
the retard hedge

>> No.56165989
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56165989

>>56159915
$430 to $3