for "infinite" money. i may be a brainlet so i need Jow Forums to confirm. here is the list of steps i would take:
>i make a new cryptocurrency that's worthless
>infinite supply
>i give out 1,000,000 each to people on Jow Forums for free. we are the only ones who get any.
>i get it listed on a shitty exchange like graviex. paired against BTC
>i use my infinite coins to put up a massive buy wall, which i raise the buy price of by 50% every day
>i buy up all of Jow Forums's coins that they either got for free or bought on the exchange for way more than they paid because if they did pay i still raise the buy wall 50% every day
>repeat for infinite money until they ban us
how would this not work? i see no flaws.
I figured out a trick
Zachary Lee
Other urls found in this thread:
coinmarketcap.com
etherscan.io
twitter.com
Noah Rodriguez
>>i use my infinite coins to put up a massive buy wall, which i raise the buy price of by 50% every day
Adam Reed
getting it listed costs alot of money dude
Brandon Murphy
>i use my infinite coins to put up a massive buy wall, which i raise the buy price of by 50% every day
you plan on buying your coin.. with your own coin?
Easton Hill
>brappet
>milkies
>nuggs
>xcash
>0xbtc
>trtl
Should I go on to show you this has already been done tenfold?
Hunter Nelson
ok, i will confirm. you are a brainlet
Michael Rogers
>you plan on buying your coin.. with your own coin?
devilish
Connor Young
lmao
tell me more about these buy walls...
oh by the way; welcome to crypto, I see you'r new
Ryan Robinson
>Other people have done it so that is proof it will not work
I was thinking of doing the same thing. Fuck what anyone here says, just do it and see. You can even have the coin fulfill some dumb purpose and who knows, that might be needed in the future!
Jose Wright
i saw some streamer guy a year or two ago do this and they did make money...at first. until the coin got delisted or either the pyramid scheme (is it?) collapsed. i can't remember exactly how he did it so this is my best recreation. the guy was a massive scammer he even has his own cult iirc
Landon Gomez
none of these do that and also this is retarded
Christopher Murphy
xbtc
you are retarded if you think 0xbtc goes in this list. 0xbtc was distributed through mining. it was open from the start. it was not premined at all. competition was incredibly high from just a few days in. an insane programmer built a gpu miner about 2 weeks in, then the community built their own open-source one.
people got their 0xbtc by spending money on electricity, not because it was handed out or pumped.
Joshua Clark
>>i use my infinite coins to put up a massive buy wall, which i raise the buy price of by 50% every day
what does this sentence even mean? you are buying your coins with what, BTC? how is that scamming anyone?
Kevin Hernandez
i refuse to believe anyone is this stupid.
Jeremiah Ramirez
you just described 99% ICO coins
Chase Roberts
believe it believe it believe it believe it belief it
Samuel Hall
Athenewins
Carter Murphy
>Athenewins
riiiiiiight now i remember after googling. he didn't give out any for free he was running a pyramid scheme where he required them to buy the coin with bitcoin, then he would raise his sell (or buy? can't remember) wall daily so that the people who got in earlier could cash out to the people getting in later. so literally poor man's bitconnect. i get why this wouldn't work now.
Charles Parker
Never underestimate the sheer idiocy this place is capable of. Pic very related.
Brayden Miller
it says Athene's coin, PRPS (Purpose), is still getting $45,000 volume a day and is worth $107? wtf when i first got in it was like $0.1, guess I should've stayed til the end of the scam. coinmarketcap.com
Ethan Foster
i almost think crypto pyramid schemes are a good thing. it creates a lot of new millionaires while everyone else only loses, what, a few hundred dollars? better luck next time then. it's like a lottery isn't it? maybe they'll learn to get in earlier next time. even i got x10 on my money on bitconnect because i got in and out early.
Nolan Anderson
>it says Athene's coin, PRPS (Purpose), is still getting $45,000 volume a day and is worth $107? wtf when i first got in it was like $0.1, guess I should've stayed til the end of the scam. coinmarketcap.com
how did you not notice that the CMC page appears completely dead and there are no markets listed?
look at the lack of transfers on the contract:
etherscan.io
get smarter user, i'm scared for you.
Jose Bailey
oshit i joined athene's discord and learned he is at it again...new crypto pyramid scheme still going strong. i won't link for obvious reasons as it's a scam. he has his own exchange for it like bitconnect.
Parker Collins
How is everything you say wrong on every level? It's an accomplishment.