/biz/ - Business & Finance

Also I wanted to point out that Overstock owns 14.5 million FLO. When will they tell the world that they "just bought a fuck ton of FLO?" They did this with RVN once they bought up a giant pile.

https://www.crowdfundinsider.com/2018/03/130201-overstock-earnings-report-shares-drop-news-insight-shared-tzero-blockchain-future/

Take a look:
https://livenet.flocha.in/address/FUDgz1Qj8HCm4F1RfNMLj4Miyq9REsQiLd

Then take a look at the transaction data:

"Inventory Posted: SOI(239) STI(246) Broker(1313) Account() Time(08/14/2018 08:00:01.846) Side(Sell) Symbol(GPRO.DLR) Qty(8400) Price(0.00600) OrderType(Limit) TimeInForce(DAY)"

These are coming from tZERO DLR records that are stored on top of the FLO blockchain

Confirmation on tzero.com DLR video 2:00

Thank me later.

>>11998524
Rangesh pls stahp ur spamm

Dear Diary,
The potential is massive on FLO. Often times I dream of my future and the life that I will have once the aforementioned 'potential' is reached. While I sleep, Charlie, I see the FLO blockchain rapidly storing tZERO's DLRs in the form of metadata within the transactions. It will be flickering millions of USD as companies being realizing the absolute ROBBERY the brokers are offering them in fees. They WILL change to tZERO, and guess what? tZERO is an APPLICATION on FLO. FLO is the BACKBONE. In order to create a DLR, tZERO is going to have to spend FLO. They are stocking up HUGE!

Wake up folks, I bought about 20btc worth a few weeks ago and I'm not sweating a bit.

FLO marketcap WILL be worth at the very least $100 Million Dollars by the end of 2019.

This is insider information and this is confirmed throughout a certain subset of whale communities.

We've been accumulating. We've been waiting. Now we are here. Prepare for March 2019.

FLO will RISE like the TIDE.

Beware.

--Sanjeev

>>11998912
>--Sanjeev

>>11998524
I’ve looked up FLO, and the concept is actually quite elegant.
However, two big questions:
- how can they remain valuable when most blockchains can just add their main feature later on?
- what is the value of the coin?

i figured out whp op is.. it's that twu gook pump and dumper of shitcoins......... he copy pastes the same post everyday and does 90% of the replies... just like he didnt with snow, ori, 0xbtc, etc

>>11998997
You can check out all of the dAPPS running on FLO here - https://www.flo.cash/dapps.html

Or you can join FLO on telegram. Users in the telegram are active developers. You can get personal and detailed answers from them much better than I can provide.

Or you can read about it on binance

https://info.binance.com/en/currencies/florincoin

The value of the coin can be found here: https://bittrex.com/Market/Index?MarketName=btc-FLO

>>11999046

I promise FLO will rise higher than any coin you have ever seen in your life time.

This rise will be epic and violent upwards between now and March. BEWARE.

dude ethereum already shipped the borrowing part

>>11999634
We are talking about stock lending, not crypto lending.

This is entirely different and worth 100000x more than crypto lending of shit coin erc 20s lol.

The way it works right now - if you own stock "A", the stock sits in your brokerage account.
Now if another person wants to short stock "A" your brokerage will lend the stock to them at 5-8% a year in interest payments.
Your brokerage makes 5-8% per year by lending out YOUR stock. You do not receive any money for this.

Tzero has implemented something called DLR on the FLO blockchain.
What these DLR do is allow YOU to control who you lend your stock to and at what rate. OR you can give permission to a brokerage to allow them to lend it out to others while splitting the profits.
This is HUGE. For the first time ever, stock owners will actually be able to earn 5-8% passive income by lending out their stock to shortsellers. This is disrupting billions of dollars in profit that banks and brokerages make every year.
All of this is on the FLO blockchain!
Patrick Byrne (CEO of Overstock/Tzero) has said that pension funds are lining up to sign up for FLO DLR usage.

A quick google search shows that pension funds worldwide have over $40trillion usd. What better way to get passive and risk free profit than to lend out your stocks. These DLR on FLO blockchain are a perfect way for pension funds to increase their returns.

Patrick stated that the funds are in the process of being onboarded and will be finalized and ready to go by March of 2019.

FLO is valued at under $3million marketcap.
This thing will soar like EMERALD COBRA beyond $100million possibly reaching near $500 million.

You are absolutely delusional if you ignore the advices you just read.

>>11999833
This, all these fags think their neckbeard coins created by teenagers in a basement are actually going to be used someday. Here we have a coin being used by the one guy who has done more to evangelize Bitcoin and crypto than anyone and noobs shit on it. Been in crypto since 2013 and have watched hundreds of coins come and go yet Florin/FLO is still here.

>>11998524
>that smell
why are you even posting this?

>>12000378
I just trying to help others in the same way that I get rich. I am very nice person. We are slaughtered from last 12 month in bear market. 4chan user deserve to get rich by using my nice researches.

Reasons why Tzero and Overstock use FLO

1. floData is accessible and easy to read. You don't need to decompile a smart contract or have a special software to read it. It's in plaintext on the chain. This helps with auditing and explaining how it works to regulators. Any extra steps are a barrier to adoption.
2. floData is easy to write. It is appended to the blockchain using a simple RPC command. This makes maintaining the software around the solution less costly.
3. FLO is a fairly launched blockchain with no premine or ICO. Again, this helps for practical regulatory reasons, but also is a philosophical choice made by those who maintain the software. It guides the decision making for our software and also allows those implementing it to check off a box they couldn't check using another chain without those features.
4. FLO is secured by proof of work. This is arguably the best security a network can get, requiring actual buy in of physical devices and constant operational cost in both manpower and electric power.
5. FLO has open source software built on top of it (OIP) that can be used for building more advanced applications (this is how etdb.caltech.edu became a thing).
6. FLO transactions are cheap and fast. This will always be the case - we will likely increase block size as the network grows.
7. FLO's main use-case is floData, unlike other chains who support complex smart contract languages and operations unrelated to storing data. Sometimes it's best to use a tool that's meant to perform best at a single job rather than bringing around a Swiss army knife and using it for only 1 of its functions.

>500000000000 years old coin
>1 exchange

Thanks Rajeet, just sold 100k

>>12001523
Unironically bullish

>>11998524
>MUH COBRA

back to trollbox you fucking tool

>>11998524

I swear if I ever find you I will put you in a chokehold and rub my emerald cobra all over your mouth

>>11998524
polymath?