The whole marketplace is just a wide variety of different pyramid schemes and them calling it staking is downright criminal, it’s basically POWH with data..
OCEAN ”staking” is not staking
Not to say you can’t earn a lot of money if you know what you’re doing but I feel really bad for the noobs and it hurts the project when newcomers lose money thinking they’re actually staking their tokens like they’re advertising it as
Agreed
I hold an OCEAN stack. I really want the project to succeed.
The current state of play of the marketplace - as you say, ponzis - is really hurting the project.
The staking shills are either morons or scammers.
I agree. I was excited for the project but now I’m thinking, aw man it’s a shitcoin isn’t it. Of course there’s money to be made here but I thought this was a Chainlink or Ethereum or something but now I realize it’s like, equivalent to some 2017 shitcoin ponzi like VeChain. Yeah it might be around for a few years but it’s just too needless and bullshit to last long-term.
it is an absolute shit show desu. of course this can make you money, but only at the cost of people who get in after you. ponzi is always accompanied by false marketing. check the boxes frens
you guys can buy my back after the binance partnership is announced. binance event on the 10th and binance/ocean AMA on 18th
Everybody who is into crypto not just for the memes is already lost.
My thoughts exactly.
>erc20 token
Nothing wrong with it being an ERC20
what kind of partnership is this? tell me more user
will be announced tuesday
Binance partnerships is a thing of 2017.
We live in 2020 now, almost 2021, and Binance is a sinking ship. They already lost their spot as a market leader to uniswap.
Agree. 90% of it is made of rugpulls.
But if you spread this FUD, the price will not go up, and I need it to do at least a 2x before I can sell.
FUD thread. Please feel free to sell.
yeah obious fud campaign to try to get your bags. OP can buy them from me when they $5 a piece
Just got banned in the ocean unofficial chat because i said the current price is not the best deal and i will buy in at $0.25
>think it's staking and you collect apy just via backing a project like with pet shitcoin dev protocol
>my 500 ocean becomes 675 ocean within 24 hours
>realize it's literally a ponzi
What the fuck were they thinking and why does staking raise the purchase price? It's like an auction where only the first bidders win lmao. Why are data owners allowed to withdraw liquidity?
You, sir, are true revolutioneer and the prisoner of conscience.
This. The devs should stop calling it "staking". It's clearly just pyramiding/ponzi scheme dressed up in fancy crypto terms.
I also got banned in the "farm_ocean" Telegram because I told newbies who got there that this is just a ponzi scheme. The mods got mad so they blocked me. Crazy.
shitty devs that didnt understand what they were doing
they basically cloned uniswap price discovery but made it for data
what devs?
ok, some pajeets are working here, coincheckup is full of shit.
I got banned for asking if it was true that enterprises will use their own fork of Ocean Protocol. What a bunch of weak faggots
maybe that's why some of the founding members dropped out. they got their funding share, knew it was a scam and dropped out so they don't have their names associated with it when it goes down.
I'm still cozy knowing I'm in this for a longer haul. Just give it a month and see things go back up and stabilise, remember the marketplace is still in babby stages.
P.S. Please sell and crash the market so I can buy more.
95% of data are pure trash. 5% are goldmines. if you know what they are you will make it in ocean data market. otherwise you just will end up being scammed. here you really gotta do your own research and have some more iq to know what's valuable and what's not. for most of you hard i understand your concerns.
EXACTLY.
I expect a huge ass dump on monday when people dump their x50 gains from this ponzi
Fuck meee because i really loved ocean.
guess i unironically have to go buy RLC after this
FUD harder you brainless shill
Only have 1000 OCEAN. Will I make it?
how does $1 sounds?