Is this worthwhile? The tokenomics are terrible.
>>61204769again ? we already explained to you that it was crap.
>>61204777Man shut yo bitch ass up
>>61204769Are they still gonna run blockchain nodes on ghetto grade school computers just for the fuck of it?
2 billion marketcap at $3 means to 50x, it will have to be a 100 billion cap aka a top 3 crypto project. Man fuck this shit.
>>61204843Suck my dick faggot. Every I See Pee topic ends with the conclusion that it's crap and going nowhere. There's no point in talking about it.
>>61204979Then you wouldn't care if another one showed up to prevent people from makin a mistake
>>61204984If we don't talk about it, no one knows it exists. Their marketing is ineffective.
>>61204843>Asks for cope>Gets a reality check
Perpetual perma-dumper.
>>61204769They will seize all operations soon and your bags will become worthless
>>61204769What is the point in it. There won't be any stablecoins issued on it, no real asset tokenization. It is at its bear market bottom already, so is a massive laggard. The CME benchmark on it seems to have been shelved within 16 months. I'd say it is more likely to die than do anything at this point.
>>61205923It’s the most advanced tech in crypto but its tokenomics depends on adoption to outpace its inflation. If they achieve scale, it will go 100x or more but I’m not smart enough to know if a decentralized AWS is needed
>>61204769for me, its Dom tweeting they will cut inflation 70% with no tangible info on how to do it.I will relish and laugh if they do it, and 8 year neuron baggies get roped. lolfuck icpt. giant whale
>>61204769I hold 6,000
Everyday they mint 5,000 icpJust think about that. The fact that these scams were added to exchanges really is bad for the crypto markets. In fact I expect 90% of all of these shit coins to go to 0 within the next 5 years. It will be like FTX all over again, huge scandals, eventually followed by arrests for fraud. ICP, Cardano, Harmony One, Polkadot, Hex, Avax, XLM, Algorand.
BOB made ICP go deflationary. Imagine when everyone is building on Caffeine and a few dapps take off? Caffeine is out now but the paid plans aren't so you can fully build yet without running out of credits. I think the tokenomics of this coin are actually better than most out there, dyor though. I hold 2 triple BTC flowers and will sell them for 100k each when we peak.
>>61206926Check out FDV of all the other big similar chains then check ICP.
>>61207389Explain BOB and caffeine, please
>>61207389>BOB made ICP go deflationary.Yes, temporarily. But now nobody is mining since the miner launching interface everyone used went down. Nobody wants to use the terminal to spin up a mining interface, so generally speaking, very few people are mining.
>>61207883>>61207389Read about BOB. A utility-less meme token designed to act as a burn mechanism for ICP? What the fuck
>>61207930Yep it burns cycles. It's like Bitcoin but can only be mined by burning cycles on ICP.
>>61204769oh please all the vc shit is overwith and has been for a while. I'll just say that out of all the coins out there this one has been the most *cleared out* of all of them.
>>61206345Oh its needed. The question is whether people want it (they don't) [normies are slaves]
>>61208018It’s like Bitcoin except for the massive first mover advantage and institutional adoption. I.E trash
>>61208163It's a meme retard. I'll never buy any BOB but I can admit it's funny and clever and it did burn a fuck ton of cycles. Maybe mining it while it's relatively dead could end up being profitable desu.
>>61208664A meme coin on the IC. But I’m the retard.