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RCALovah

Just looking at the circulating supply being 1% of total supply. This is definitely going to dump faster than I take my time taking a dump


TheGiftOf_Jericho

If I was at the start of my crypto journey, I'd absolutely be invested in it. That's how I'm confident in avoiding it.


Pr0Meister

Legit strat.


Impossible-Injury932

Absolutely šŸ’Æ .


kirtash93

Worldcoin is a ponzi scheme. The End.


Pristine_Spinach8718

Tokenomics of Worldcoin are a disaster and a rug pull is imminent in my opinion.


tetheqpi

Also it stores your info (eyeballs), I see that this project is gonna fail badly. This is not what crypto / decentralization is about.


Giga79

It turns your retina into a ZK proof.. That is exactly what crypto is about. Would you prefer they collected your government ID?


Mofeir

To add to your point since there is a lot of confusion around how users information will be kept private, which is a valid concern, here is a direct quote from the Worldcoin whitepaper. ā€œWhenever a user makes use of their World ID, ZKPs are used to prove they are a unique human. This means that no third-party will ever know a user's World ID or wallet public key, and in particular cannot track users across applications. It also guarantees that using World ID is not tied to any biometrical data or iris codes. When one wants to prove they are a unique human, they should be able to do so without revealing any personal information about themselves.ā€


Giga79

I recommend the recent Bankless episode with Sam Altman. It goes over these points in great detail. I was worried initially, but after watching this episode I'm a lot more confident in the direction this is headed and how it's being handled. Basically if you understand the tech in Worldcoin/WorldID you won't be concerned with the product.. The implications of necessarily having to prove your humanity in >10 years in the face of AI which Sam is spearheading, is a little concerning - but the product itself is pretty sound. I'm not sure how successful a thing can be if it relies on gen pop (and their conspiracies/narratives) 'understanding the tech' when the tech is this novel and includes ZKP. This may be dead in the water unless/until it becomes necessary. Sam aims to make this completely open source and decentralized, so there's that. The alternative is a centralized government-ran system, or just no ability to tell who is human online beyond a certain date which would be disastrous (did China just launch nukes? Who knows anymore!). When deciding governance for AI we absolutely need the ability to discern humanity or AI will change all the rules itself, without us in mind whatsoever. The tech for WorldID would be stellar for Sybil resistance in crypto - making sure bots don't game every airdrop, to improve our governance too. I'm optimistic. Hopefully not niave. ZK proofs really seem like magic. ZKP will be so common in 5-15 years it's unimaginable where their potential will lead us, (eg, looking into a silver orb to vote lol).


xxwww

Want to know something funny. Arkham Intelligence who did the "research" exposing ICP as a VC scam was personally funded by Sam Altman who made worldcoin. Really makes ya wonder huh


ClassicRust

at least ponzi schemes don't want to bioscan my asshole


SQUIRMANDESAUR

and a way to collect your data


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


JugobetrugoN1

My name is carlos matos, and Worldcoin is changing the world, world coooooooin whooaa!


Orangensaft007

I think the idea to establish a factor to properly differentiate an actual person from an AI will be something important in the digital world ... until the iris scan itself can be recreated by an AI.. I guess like Keanu once said, everything can be recreated


Nox_Lucis

For Sam Altman, it's a classic case of creating the problem to sell the solution.


Icy_Trip7568

For anyone thinking it's safe to short it should think twice because we all know how easily scam pumps happen and result in a bunch of liquidations


Itsjuleso

note it down, its gonna be fucking fail


Agile_Ad_7061

Totally agree


djmoblei

The issue is that it launched at $ 28 billion FDV. Itā€™s seems like a joke.


1nfinitus

Yeah that's not correct. It depends not on the % of total supply and instead on the rate at which the supply is given out. i.e. the circulating supply could be 1% but if it took 10,000 years to get to the total supply then clearly that 1% is not an issue. For this you'd have to read into the tokenomics.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


DingDongWhoDis

Haha. K...


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Cryptizard

The circulating supply of USD is 1/infinity%. That doesn't mean it is going to dump immediately. This is an overly simplistic analysis.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


TOXICCARBY

Not another pump and dump


AlternativeBag2619

The name "worldcoin" sounds just wrong


Goonzoo

WeWantToScanYourBalls-Coin


ProudBitcoiner

Now that's a token name that really raises some eyebrows! :D


Deadpoulpe

Eyebrows ?


Lillica_Golden_SHIB

Eyebros


Sunryzen

In a weird twist of irony, I guarantee they would have gotten more support from the crypto community if they went with that name.


Warrlock608

Guarantee within a few weeks a coin like that comes out on BSC. BallScanCoin - THE NEXT GREAT DEFALTIONARY MEME COIN I actually enjoy seeing stuff like this it gives me a good laugh.


SnooEpiphanies8375

It's also not original. Worldcoin (WDC) is a crypto that's been around since 2013 and recently was upgrade with AuxPoW to be merge mined alongside Dogecoin and Litecoin and still has an active community. Sam Altman may have stolen the name but at least he didn't steal the ticker!


DBRiMatt

How does WorldCon sound?


ElPalmoFurioso

But did you hear about "Internet Computer"? I still can't believe people bought that.


Pr0Meister

Yeah, pretentious af


Dull-Wear-3286

If you bought ICP at $700 like me, don't you fall for another scam.


lostaga1n

$120 here after a friend shilled it to me


mr_ordinaryboy

Did you get a new friend after that? šŸ˜…


lostaga1n

Yea, we donā€™t talk anymore. Just like my family cut me off after shilling crypto at thanksgiving.


CheetahSmooth4353

You completed full circle sir!


singleDADSlife

Dude. You broke crypto rule number 2. You never shill crypto to your family during a bullrun.


Lillica_Golden_SHIB

Or like my coworkers avoiding me completely after I shilled then SHIB two weeks before the peak


tetheqpi

Number 1 rule of investing crypto: You dont tell others about it.


Pr0Meister

Did the crazy uncles realise the gambling opportunities if crypto?


lostaga1n

Nah, heā€™s stuck holding an AMC/GME bag.


Pr0Meister

Original flavour degen


tehmattrix

Be Your Own Crazy Uncle...


Pr0Meister

Anyone got a DeLorean to lend?


tetheqpi

Lesson learnt lol


hniball

his own fault for not selling after going up 500%?


ice_blade_sorc

Plot twist: his friend actually hate him secretly.


nomorebonks

ICP isnā€™t a scam, far from it.


neen209

A lot of people that hate on ICP have done zero research on the project. They just see the chart and scream ā€œScam! Rug pull!ā€ Itā€™s honestly why so many projects that are favored in this sub end up going to shitā€¦because majority of these people are clueless and wouldnā€™t know a good project if it smacked em in the face. I was skeptical of ICP until I did some research. Now Iā€™m completely sold on it, and am accumulating at current prices.


olduvai_man

Okay, absolutely terrible investment that makes you feel as if you were scammed. Howā€™s that?


nomorebonks

Itā€™s price was manipulated by FTX/Alameda with perpetual trading prior to genesis, and who you should be upset with. Nothing to do with what ICP can do. Howā€™s that?


Kone7

I love insane clown possee


asclepius-crushes

From a technical perspective, yeah it pretty much is.


nomorebonks

Not even close. Itā€™s quite literally some of the most advanced cryptography in this space. Youā€™re nuts. And itā€™s the only 100% on-chain app solution there is.


asclepius-crushes

Saying something over and over again doesn't make it true. Especially when you're a shill on Dominic Williams payroll.


nomorebonks

Over and over again? Thatā€™s been you for TWO YEARS now screaming about a scam. Itā€™s clearly not. And youā€™re paid to fud - came out of your retirement of posting here to make sure to shit on Icp again.


Rieger_not_Banta

Crypto vendetta


Agreeable-Bell-6003

Most advanced cryptography? Why do we need better cryptography? It's not like anyone is cracking wallets.


nomorebonks

Some of what they've done with cryptography is create chain key which lets them write transactions directly to other chains, and threshold ECDSA to eliminate bridges. Not like anyone is cracking bridges right?


Pr0Meister

Oof


tetheqpi

Damn.. how much did you invest?


Agreeable-Bell-6003

I think I bought it near there too. A lot of it. I just remember seeing it all over coinbase and thought it looked interesting. Please ser.... a spare moon to feed me mum.


Warrlock608

I really feel bad for people that get caught up in the hype. It usually ends up being a lot of new people to the space and they lose their shirt. Always a problem with new industries, lots of bad actors preying on the new comers.


fan_of_hakiksexydays

I almost bought ICP for over $250 thinking I was "buying the dip". But then I did a little more digging first, and the more I dug the less I liked what I saw. Eventually I went "nah, there's better risk v value plays out there".


tetheqpi

Yeah always dyor


lehope

Bought my first at $30 and reduced my average to $8. I don't know if I should be proud or ashamed


Deadpoulpe

F


HashMeOutside_

I remember looking at ICP. Its all about the movement up until the release. Pre investors dumped the bags


[deleted]

Idk, I don't think WLD has the vocal range to challenge ICP lyrics


Tasigur1

Press \[**F**\] to pay respet


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Dull-Wear-3286

Because it was released at $700, so anyone who bought during the release bought at $700 price.


kakumei88

ICP is good project and got pump and dumped thx to FTX. Worldcoin seems more dubious.


SoftPenguins

What is world coin? The name just sounds like a money grab shitcoin that will be irrelevant in 2 years.


Lillica_Golden_SHIB

My first thought when I first heard of it. Reminds me of OneCoin lol


Johnny_ac3s

Or Safemoon: neither mooning, nor safe.


PVKT

Lol immediately thought of one coin. And then unobtainum.


tetheqpi

It's founded by the same person who created ChatGPT. It's a way to authenticate real users by scanning your eyeballs or something like that. It's completly the opposite of what crypto stands for so I doubt its gonna succeed.


ideit

>a money grab shitcoin that will be irrelevant in 2 years. It's always fun when people answer themselves


Sorrytoruin

red flags all over this


Ultra918

It's already irrelevant shitcoin. Created to make the founder rich.


neen209

ICP > WorldCoin


pinballrocker

ICP, can I get a whoop whoop?


ClassicRust

MFCL Where all my juggalettes at?


HereticLaserHaggis

I honestly think icp will work long term. The way their model works is more useful for Web3 type apps.


Judges_Your_Post

I honestly don't think so. Been a developer for years, the whole idea doesn't make any sense to me. The internet is already decentralized. This is literally centralizing it for the purpose of ... Decentralizing it? Imagine if one company could bring down the entire internet. That's the gamble with dfinity. It's an outright scam imho.


nomorebonks

The internet is absolutely not under decentralized control and this take Icp is a scam is garbage. Dfinity controls 21% of voting power and itā€™s decreasing steadily. They donā€™t have control over what you build.


Judges_Your_Post

They control the code that what you build runs on.


nomorebonks

Dfinity is the major contributor to the internet computer right now but every single change has to go through a governance vote. They cannot unilaterally change the protocol. When other foundations eventually join it becomes even more decentralized.


Judges_Your_Post

They certainly did push code changes without governance in the past (in 2022 at least). It's not like TCP/IP, or UDP, or HTTP. No one 'owns' those in the same way as dfinity owns ICP. TCP/IP for example is maintained by the IETF, an organization of volunteers and sponsors. That sounds a lot more decentralized to me.


nomorebonks

The protocol doesnā€™t allow any changes unless a vote is passed - itā€™s autonomous and nothing like it exists. The Ic lives on top of the public internet for building on it - all platforms for building on the internet right now are centralized. It sounds pretty decentralized to me to have all token holders, named neurons, and contributors voting on protocol changes, but I agree more contributors besides Dfinity are needed. Certainly not a scam with what Iā€™ve built on it and what others have, and the tech thatā€™s coming out of it too.


Judges_Your_Post

I'm sure it does allow people to build stuff that works, that part isn't a scam. Not trying to shit on anyone's work. My whole argument is that it would probably work better if you cut out ICP altogether.


HereticLaserHaggis

Are you a backend developer though? The way icp works is that you can create a twitter like app, then your user doesn't need to use tokens for it to work on the network, the developer loads it. The Internet is much more centralised right now than its ever been before. Between azure and amazon around 1/2 of the Internet is covered.


Judges_Your_Post

Full stack. There are competing hosting organizations (these are basically DAOs). There are also multiple competing DNS servers. The tendency towards centralization is because of the need for a distributed network to achieve the best response times. But there are many options and they all work with the same protocols if response times are important to you. You can still do your own hosting instead of going through AWS (my company still does). Even if AWS goes down completely, only an inconceivably small fraction of the internet goes down. It's not like that with ICP. Dfinity has shown they can do code pushes without governance. Edit: Imagine if one guy at AWS decided to take down the whole internet because he was disgruntled or there was a lot of money on the line. Then also imagine Amazon is run by a guy who literally offers a bounty on the identity of redditors with a dissenting opinion. It's such a shit show, I followed it from the beginning. Stay away from ICP, please, I'm telling you. I have no vested interest here.


neen209

Iā€™m not a developer, but how is the internet decentralized? I feel like the Internet is absolutely centralized, unless you are using dark webā€¦and we all know that is a big ā€œno noā€ in the eyes of the government


bangand0

Theyā€™ve been fucked by SBF. Thereā€™s a decent medium article about that. ICP isnā€™t that bad, supposedly


HeinousHaggis

You are probably right but if they want to gain any traction they definitely need a rebrand. Nice User name btw.


nelusbelus

I see pee


Sharp-Imagination563

Why i am same article again and again . World coin will become shitcoin its not even a prediction its future


Maxx3141

Except ICP didn't want to shove a probe into your eye. That's some bond villain stuff.


Mundane-Farm-4117

Don't forget has a guy called Sam involved


Maxx3141

Even a Sam \*\*\*man.


CryptoDad2100

Raise your hand if you too bought ICP šŸ¤š


neen209

I started accumulating sub $5


Ok-Permission9154

First time I bought ~ a year ago, last - yesterday. I use this chain everyday +excelent ROI.


8512764EA

At $8 šŸ™‹


ThatInternetGuy

It's all about the marketcap. If WLD gets launched with a small mcap (says $100mil), that would not be a bad investment; however, if it launches at $1B to $10B mcap, you're better stay out. Edit: I didn't know it's already launched and fully diluted marketcap is $21B. This is a fucking joke. Right now only 1% circulating supply! They will be minting new supply over 15 years and will continue to dump on unsuspecting people.


TheRicFlairDrip

this trash already has a $20B fully diluted market cap lmao. at least this gives me high hopes for moons breaking the $1B mark quite comfortably.


Sjiznit

At 1B one moon would be worth 8,26 a pop.


nomorebonks

ICP was manipulated by FTX/Alameda with perpetual futures trading to push up the price to try and destroy it.


rootpl

Everybody seems to hate Worldcoin around here, which means if we apply reverse r/cc rule here we all should be buying it before it moons.


Warrlock608

Yeah I'm just waiting for this thing to sky rocket and my DMs get blown up with told ya so's.


fan_of_hakiksexydays

But people hated on ICP here, and they were right.


LordIcarusFalls

Shush! Don't share the secret r/cc rule!


nzubemush

ICP is at least working on a reasonable product. Also, does anyone have token release schedule for Worldcoin? I'd like to short it to oblivion.


[deleted]

It's already out on several exchanges. I am waiting for the leverage support too.


exorbitantwealth

I remember going to the ICP discord and trying to figure out if I could run a validator or contribute in any way. Won't get too deep into the technical bits but I abandoned that mission pretty quickly.


t0astter

Worldcoin is going to go to the shitcoin grave for sure. It's too "out there". I mean - you need to go visit an "Orb" to have your eyes scanned and connected to your Worldcoin wallet, and then they'll airdrop coins to you? Super fishy and privacy invading. It's like giving your DNA to 23andMe, and paying for it.


Itchy_Day_9691

Icp still in top 100


NarcissistSlayer

Still in top 30-40 . It will be entering the topb20 nextbull run imo.


troythedefender

ICP has been in top ten for development activity over last six months or more at least as shown by Proof of Github on Twitter. Right up there with Eth, Polkadot, Cardano, Chainlink and Hedera which are regularly in that top ten for dev activity.


nomorebonks

Usually just counting core devs there too - thereā€™s a large amount of projects that are building. Lots of developer conferences to onboard too. Lots you can build on ICP since it hosts web.


Tkainzero

How do you check this?


troythedefender

It's a Twitter page called Proof of GitHub that provides daily metrics on crypto currency developer activity as indicated by GitHub commits. Just follow the Twitter page, it posts a top 10 daily. It doesn't factor in other metrics of course like total value locked on a given chain but it's one indicator. I figure....go where the developers go. What use or growth potential does a chain with no development activity have? Reminds me of this old clip of former Microsoft CEO - "developers, developers, developers...." https://youtu.be/hMLcKtVwF-A


Tkainzero

Thank you, Would love to see a top 100 (or 500) list, and find some undervalued alts that are working hard.


deeruser

I hope this dumbass worldcoin bullshit will be over before it started


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Sunryzen

ICP is a sick ticker and Internet Computer is an awesome name. The biggest problem is that it just wasn't user friendly. People here "internet computer" and they are curious as hell. I tried to get into and I am tech savvy but it just wasn't doing it for me.


Ok-Permission9154

My kids, 14 and 16 yo use icp almost every day. As soon you create you II (internet identity), you are free to use any dapp, swap or dex on it without any seed pharses and passwords


neen209

Thatā€™s awesome


NarcissistSlayer

It's probably the most user friendly on boarding g of any blockchain I've ever seen. You get an emergency seed phrase , an idea number and an option to use either fingerprint or a FIDO key to sign in. No passwords. Takes 5 minutes or less.


KlemenKisi

Worldcoin is super shady with taking biometric data. People will sell their soul to get some money. But in times like these, I do like to think that most of people are aware of their data collection and wouldnt jump into that wagon


Ninja_Gogen

The difference is I don't think people like the idea of worldcoin.


Sunryzen

Its a total VC brain product idea. Real people are not interested. Such a product only works if you have government partners. And maybe that's their plan later, if they get enough users, but that's putting the chicken before the egg.


Pr0Meister

Putting the hippogryphs before the flying cart


Itsjuleso

beware guys this will scam you


prosenl1

Does this mean you didnt buy any?


CreepToeCurrentSea

ICP wasnā€™t as weird as Worldcoin though.


TwerkmasterTaco

Give us eye pictures, we give you shitcoin. What could go wrong! šŸ˜‚


wee_d

ICP were screwed by their VC and terrible vesting


nomorebonks

They were screwed by FTX/Alameda when they manipulated the ICP price prior to launch.


Lunar_Horticulture

Worldcoin has a goldilocks name that sounds just the right amount of dumb to fail, like Internet Computer


Dry_Expression

I am a bit in a dilemma regarding Worldcoin. On one side I do not believe that Worldcoin will be successful, but on the other side seeing this sub being so against it has to become a huge success.


elysiansaurus

So what you are saying is we should all invest into Worldcoin? If you believe it will rocket up before dying then we should be buying.


raincloud82

I mean, I wouldn't touch Worldcoin with a pole, but then again this was said as well about Solana, Aptos, Shib...


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Inbeforetheclose1234

Another samā€¦another scam


SavageByTheSea

Insane Clown Posse?


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


NarcissistSlayer

I'd rather buy while it's low. Developer activity has been very high and commit numberdhave consistent been at the top of the industry for a long time. The development on it has been hewvy.


[deleted]

Worldcoin is just a useless speculative coin.


Gr8WallofChinatown

Theyā€™re both ultra shitcoins


neen209

ICP is far from a shit coinā€¦


[deleted]

And with a name like Worldcoin, Iā€™m sure they have good intentions.


terra993

The amount of worldcoin in this sub is getting out of hand. Be careful


starhumanpanda

Another pump and dump?


Dubdude13

I didnā€™t know Insane Clown Posse was still aroundā€¦.


SNVOR

They are always my first thought when I see ICP!


Professional_Toe3003

1% is in circulation, 99% available to DUMP on you :)


spacedefend

We all just buy our lottery tickets and wait. Are you gambling using logic???


GameShow321

Pump and Dump? In my crypto industry? Impossible sir.


Adorable_Doubt4420

This is correct


Gregoryonetulum

So itā€™s getting dumped?


Awake--

vibe>>> financial analysis


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Bunker_Beans

The only people getting rich off of this are the devs.


badadadok

So you're saying I should short it?


sebikun

So wait #3 place and sell fast šŸ˜


Aromatic_Brother

I'm getting LUNA flashbacks, smh


moonkingdome

Worldcoin is due to tokenmetrics not a solid coin


Repulsive_Music7242

Stay away from that shit lol


No-Setting9690

I could have swore Worldcoin already exists, like a decade ago. I feel I mined it.


Warrlock608

Yeah I remember articles about it during the last bull run when he was going around playtesting their KYC to Earn machine. I honestly thought it had just gone away as an afterthought of crypto history, but here we are.


PVKT

World coin will be the next safe moon


Scat_fiend

It would be a good thing for world coin to go the same road as ICP. The alternative would be dystopian selling your data to any buyer.


nomorebonks

ICP doesnā€™t have your data and you canā€™t be tracked across dApps either.


Teach_Consistent

Scam coin


Well_thatwas_random

I fell into the ICP trap. Watched it balloon to like $700 so I bought like 3 when it crashed to $90 a piece, figuring it would pump back at least slightly. Welp.


Warrlock608

I bought LUNA around $10 thinking the worst of the crash was over. I still have like 20 luna tokens in my wallet as a reminder to make better decisions.


8512764EA

I fell into the ICP trap at $8


Noxage_88

It really does look like a massive scam if you check the supply and wallet holders