Brainlet here

what is stopping me from making my own token with a supply of 1,000,000,000 and setting the price at like $1 and then dumping it all and becoming a billionaire? maybe slightly less than a billion obviously for gas fees and whatever

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people have to actually buy the token you stupid fucking moron

Selling something requires a buyer.

Imagine not understanding the basics of crypto.

is this real?? How did you get here?

right but can't I simply dump them on uniswap for future buyers?

Yikes

You dont set the price, fucking mongrel

go back to the mom minion groups on facebook.

Are you fucking retarded? Go back to high school

go for it bro

lol yes but no but actually yes.

you can make a meme coin.
If I knew cs Id make a cate coin to rival doge.
Then make an online store selling cate items (shirts, mugs, sticks, patches, etc) but can only be purchased in cate coins.

since doge is a signaler for btc then cate would be the signaler for eth. probably would incorporate a Zig Forums aspect to kinda of like a call out to the caturday times.

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nothing, all the cool kids are doing it.
except you should probably set ICO price at much lower than 1 dollar.

You seem like the sort of guy who needs to find out what happens at your own expense. Maybe put up a few bucks and find out yourself.

Jesus fucking Christ, these are the newfags we're dealing with...

thank you user this was actually my idea i was going to make meownero (purr) to replace doge

call it cate and use the heavy breathe cat meme.

consider merch and shill on twitter. only way to buy is tthrough your merch. Tbh id buy your scam

just want you to know that we will reject your coin here at Zig Forums purely for your retardation.

i said i was a brainlet in the title man

This gives new meaning to self made millionaire.

Never fucking change Zig Forums. Put me in the screencap.

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I'm 34 wish i was back in high school lol

Anons will call you a retard but that's what Tether did and they're fucking rich.

this could actually work

no, he's actually fucking retarded. you can't just "set" a price. it has to be sold for that price. tether only sells for $1 because people pay $1

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>setting the price
based

i don't think this is true you can set the price depending on how much token and eth you put into uniswap i just researched this

you can sell to yourself to set the market, but it's traceable and in the end you still have to get someone else to pay that price. just because you sold to yourself at $1 doesn't mean someone else will buy at that price. also, there is also the problem of liquidity. if he makes a uniswap scam he will have to put up the eth for it as well, as you said.
this is often why people say, for example, a team might have $3,000,000 in tokens but if they rugpulled the project, they'd only be able to scam however much the liquidity allows them to

>what is stopping me from making my own token with a supply of 1,000,000,000
Your inability to code

I might not have made the best decision since I started trading crypto, but at least I know how to code and make more than a year than you do in 3 holding this or that coin (while dealing with waking up in the middle of the night and checking the price of shit)

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