/biz/ - Business & Finance

Yes, of course. There's countless scams to shit on, you fucking retard. Shills try to justify their shitcoin based on the amount of unironic FUD it gets. I'm just surprised you didn't namedrop your flavor of shitcoin in the OP. Probably will change IP and mention it in a few posts, though.

>>15198484
Actually I only try to shill my bags.

>>15198484
only when its genuine scams like 0xbitcoin, bsv, NUKE, stakenet, BRAP, zuckbucks ,etc
outside of literal scams i dont FUD any actual projects

How is this remotely close to the ultimate /biz/ redpill. Slide & Sage.

>>15198484
except its literally dumping

>>15198515
>I'm just surprised you didn't namedrop your flavor of shitcoin in the OP.
based af

>>15198484
>Ask yourself, have you ever spread FUD over any project you didn't want to accumulate or were already invested in?
Yes. I have made an order of magnitude more "fud" posts than shill posts. All of projects I genuinely fucking hate. It's sad that the pageets just sort of melt into the void after the project dies. So many REQ AMB SKY and other pathetic bagholders that I would love to shit on, but can't.

>>15198588
Skycoin is the next Bitcoin Gold

>>15198540
>genuine scams like 0xbitcoin
you called it a scam, now explain the scam. should be easy, right? just explain how the scam works.

>>15198540
>only when its genuine scams like 0xbitcoin

i don't know how people can persist in calling 0xbitcoin a scam when it is so readily defended.

think it was a premine? there's ample evidence showing it wasn't.

think it's cheatable somehow? go read the solidity source for the contract. if anyone can figure out how to cheat the proof-of-work function, then they should do that. but no one has.

there has been a tremendous amount of hashpower applied to 0xbitcoin mining in the 1.5 years since its release. we're seeing 5 to 10 terahashes per second sustained these days. the difficulty is ~1.3 billion times what it was when it started. it doesn't make sense that all that activity by miners is somehow a scam.

>>15198640

>>15198640
>>15198630
It's a scam you braindead niggers

>>15198668
NIGGER HAHA NIGGER LOOK MA I POSTED IT AGAIN

VIDT TOKEN NOT NEEDED VERIFY WITH EYES

>>15198697

>>15198630
Oh no, you woke the 0xbtc schizo

>>15198668
i know this is hard for you. try to understand what i'm saying: i want you to try to support the claim that 0xbitcoin is a scam with evidence and reasoning. can you do that?

>>15198630
>>15198640
lmfao you freaks.
the scam is that it is literally a pointless coin. it is bitcoin on the ethereum blockchain.

there is no purpose. there is no future. it will not exist in any meaningful capacity in 10 years. you buy now because you hope to -quite literally only- sell it for a greater value to a greater fool

>>15198766
It has more of a purpose than any other token on the Ethereum blockchain. Name me one unique attribute of an ERC20 token other than 0xBTC which other tokens do not and can not have.

>>15198766
>the scam is that it is literally a pointless coin
that's not what a scam is. a scam is a dishonest scheme.
>there is no purpose
the purpose is being trustworthy money. a lot of people see it. it's ok if you don't.
>there is no future. it will not exist in any meaningful capacity in 10 years
predictions about the future, whee. i don't know what will happen, and neither do you or anyone else.
>you buy now because you hope to -quite literally only- sell it for a greater value to a greater fool
now you're trying to read my mind. you can't read my mind. mind reading isn't real.

>>15198484
Red pill is buying crypto to cash out to fiat when the moon is in the sky. Do any of the bizraeli's seriously care about the coins they hold? I think not. Bitcoin stands as the true store of value, but that is manipulated to fuck all.

>>15198807
>>15198827
you are an absolute schizo if you think that any company or person of any remote significance will use "0xbitcoin" for transactions
that is what you're betting on when you buy or mine this. that someone or something that actually matters in this world will decide to use... 0xbitcoin

if you think that is going to happen - that not only a cryptocurrency will be adopted widely -.. which is hard enough to believe
but that it will be 0xbitcoin over all of the other cryptocurrencies that exist and excel at being transfers of value..
then you seriously need to re-evaluate your critical thinking skills and take a step back from investing, you have become far too emotionally attached to your decisions.

>>15198862
you're not making a point, you're just restating your conclusion.

>>15198540
BRAP and libra being scams.

Anon, are you smoking crack?

>>15198862
Looks like you're shifting the goalposts, bucko. You just said that it's a scam, now you're saying it has a low probability of getting adopted. Which is it then?

What makes other Ethereum tokens better than 0xBTC?

>>15198484
>Ask yourself, have you ever spread FUD over any project you didn't want to accumulate or were already invested in?
All the fucking time.

>>15198807
>Name me one unique attribute of an ERC20 token other than 0xBTC which other tokens do not and can not have.
You are an over emotional person so you can only talk in absolutes. "Do not" "Can not". The reality is that 0xbtc is trivial to copy exactly. Maybe half an hour of work? Less?
Where as to copy something like DGX you would need to find 5 million USD of gold. CAN someone do that? Sure. Would they? Very unlikely.
This is what is sometimes called a USP, and it is the cornerstone of a product's value proposition.

>>15198862
You realize that 0xBitcoin is only a year and some change into its existence right? Where was Bitcoin in 2010? Wake up and see it is exactly like Bitcoin as far as fundamentals go, but it's locked in an immutable smart contract on the msot developed platform today. It takes time for awareness and crypto is just starting to become recognizable to some boomers. Bitcoin sucks because it can't scale or it hasn't had any major improvements since its inception. So why is it the king? That same logic can now be applied to 0xBitcoin. Keep buying all these scams that have a central owner who can change the contract when they see fit. It's astronomical how 0xBitcoin is constantly fudded against. It's in a high inflation period until the first halvening.

This is the most retarded ass thread ever due to you fools who don't use your brain. Is it a moonshot now? Probably not. Accumulation time idiot.

>>15198878
Why are you invested in 0xbitcoin

>>15198943
>you can only talk in absolutes
It's an issue that can only be answered in absolute. A token either has unique features or it does not. It doesn't "maybe" or "sometimes" have unique features.
>The reality is that 0xbtc is trivial to copy exactly
I can copy-paste Bitcoin in 15 minutes, doesn't give it any value. The same goes for 0xBitcoin. To "exactly" copy it means to port over the userbase as well as the hashpower and recognition. You can't do that.

>>15198484
I spread FUD on Chainlink all the time these last two years and it's not because im accumulating, I just think its not that great of a project

>>15198484
I fud holo because it causes so much butthurt

>>15198951
i'm not just invested in it, i also work on related projects as a dev.
0xbitcoin rejects every scammy thing about typical crypto projects. there is no company, no ceo, no ico, etc. everything is open source. nobody has any extra authority. i've looked at the smart contract many times, and it's sound, it does exactly what it says and only what it says.
the community is also great. seemingly all the devs, pool operators, exchange operators, etc, are still in the discord, and the conversation is way above average quality.
basically the project and the community are all about the original goals of crypto, to make people more free.
so, not only do i think it's a great idea that will eventually have great success, i also enjoy participating.

>>15198968
>I can copy-paste Bitcoin in 15 minutes, doesn't give it any value
No you can't. Bitcoin's is designed so the incumbent network has an overwhelming security advantage. 0xbtc has no such advantage. Your security is provided by the ETH miners. Your useless miners can mine both 0xbtc and any other competitor equally happily. I can run a quite secure oxbtc competitor with a tiny fraction of the hash power. If someone stated an 0xbtc clone and got a single good exchange listing you would get mogged. The only reason no one has is because the token is obviouslys pointless.
Irrelevance is your only defence.

>>15199044
Bitcoin being secured by its own PoW is a liability, not an advantage. Bitcoin HAS to be mined, 0xBitcoin CAN be mined. There's a huge difference. Imagine if everyone's gold bars turned worthless when people stopped mining for more gold. Not exactly an optimal system.

And no, you can't mine 0xBTC and other mineable tokens at the same time without a payout decrease. You can create a mineable token which is just as secure as 0xBTC, but it won't have any value. You can just look at some of the other mineable tokens such as 0xBCH or KIWI for proof of this. Security is not the only component in a value proposition.

0xBitcoin is the first trustless token on Ethereum, just like Bitcoin was the first trustless digital currency. It makes a whole lot more sense if you believe that Ethereum smart contracts, which Bitcoin is incompatible with, start playing a larger role in the economy. If you think that is pointless, then that is your personal opinion. But don't come crying when it is no longer irrelevant and you realize that you have missed the chance of a lifetime.

>>15199129
>Bitcoin being secured by its own PoW is a liability, not an advantage
The fucking STATE of 0xbtc devs

>>15199141
>Imagine if everyone's gold bars turned worthless when people stopped mining for more gold. Not exactly an optimal system.
Try to refute this, I dare you.

Thats why I keep warning my bizbros about 0xbtc.

>>15199174
Wow anon looks like you discovered a fatal flaw in bitcoin! You must be really smart and not a total retard like I had initially assumed.
Hurry up and tell Craig Wright, you will be rewarded handsomely!

Don't buy 0XBTC. Where's the pasta retard when you really need him?

>>15198484
Yeah I’ve spread fud because I hate pajeets shilling. Never did I own the coin or plan on owning it. Your argument is nil.

>>15198484
I fud everything I don't hold

>>15198540
Those are all scams but nuke. Nuke is releasing staking soon and casino dapps.

>>15199249
Try and explain why it's better to have this attack vector. Don't just spout fallacious arguments from authority. Would you like if the value of your precious metals depended on some mines in China staying operational? When Bitcoin was created, then there was no other possible way to secure the network. It has obviously worked out very well for Bitcoin and I don't see BTC ever changing, but "it has always been this way" is not a valid argument.

I FUD chainlink daily even though I bought in 2017

>>15199297
>I am a crypto dev
>Explain to me the basics of Bitcoin

>>15199278
>Those are all scams but nuke
sigh, use your eyes to read the thread. if you are able to support the statement "0xbitcoin is a scam", please do so.

>>15199332
he keeps putting relevant questions to you and you keep coming back with sarcasm.

>>15199341
When someone claiming to be a crypto dev doesn't know the basics of how bitcoin works in 2019 the appropriate response is sarcasm.

>>15198484
I despise all these VIDT, QNT and Lit shills here.

>>15199332
I didn't tell you to explain me the basics of Bitcoin. I know how Bitcoin works, but not everything has to work exactly like Bitcoin. I asked you to explain why is it desirable for a commodity's value, whether that be crypto or precious metals, to be dependent on miners. Can you do that?

>>15199364
Refute him u fag, I’m lurking

>>15199364
>When someone claiming to be a crypto dev doesn't know the basics of how bitcoin works in 2019 the appropriate response is sarcasm.

i think the appropriate response would be to see if you can answer the question, if you are capable

he's asking whether you think it's a problem that Bitcoin mixes proof-of-work for auction/distribution and for securing the network. should be straightforward for you to come up with some kind of response besides sarcasm.

>>15198889
The devs are

>>15199513
Well well well, if it isn't one of the lead faggots called in to try and reframe the question.
>he's asking whether you think it's a problem that Bitcoin mixes proof-of-work for auction/distribution and for securing the network.
No. That is a different point. This is the quote
>Imagine if everyone's gold bars turned worthless when people stopped mining for more gold.
He is calling into question the entire mining process. SUCK MY DICK

>>15198484
I fussed one and I don’t hold it, because it is truly a scam coin.

>>15198540
>only when its genuine scams
To me that's when it's pointless to FUD. I only bother fudding projects that seem sort-of legit, but I know that anons will lose their money because the shills are out in full-force. I want to ensure shills don't rope people into their scam. VIDT, SENTIVATE, DEVERY, etc.

>>15199741
>Well well well, if it isn't one of the lead faggots called in to try and reframe the question.

i'm not trying to reframe the question, just tried to rephrase it in case it helped explain what he is asking.

what he asked is: "Would you like if the value of your precious metals depended on some mines in China staying operational? When Bitcoin was created, then there was no other possible way to secure the network."

in my opinion, this is equivalent to asking if you think it's a problem that mining is both achieving the distribution (pay for coins with spent electricity) and achieving network security. because if the network security goes away (e.g., because mining rewards are insufficient), then the stored value is at risk.

>>15199839
It didn't help at all, because your "rephrasing" is a totally different issue. Why don't you try not being a faggot?
>in my opinion
No one cares about the stupid opinion of some nobody. If you think you can refute bitcoin's value prop go and fucking do it in the market.
I'll wait.

>>15199741
>>15199864
So are you going to answer the question or not? Why is it good for a commodity's value to be dependent on the miners? It should be a rather straightforward answer.

>>15199928
KEK anon you should let your boss do the talking in future

>>15198540
in defense of BRAP, a good project attempts to address a problem. a token that aims to verify cam models and be used as a tipping token is definitely a worthy and profitable problem to attempt to solve

>>15199985
I see you don't have an answer. Pity, thought I might actually learn something. PoW mining does not necessarily have to combine issuance and security into one and the same process. Having issuance separate from security is much more similar to real gold, as you probably have understood by now, but are hesitant to admit.

>>15200038
>PoW mining does not necessarily have to combine issuance and security into one and the same process.
That wasnt your original point dickhead don't try and to pretend like it was lmao

>>15198540
Explain how BRAP is a scam when it has a working platform and dev team. Weak fud Brad.

>>15198484
I call out scam tokens now and then. There’s one I fell for last year, I still spread knowledge on their plebbit and discord every few months when I think about them. But it’s not fud, it’s a public service.

>>15198484
The real redpill

>The only 'inherent' value of an object or currency is how well the public can be convinced that it has said value

>>15200050
bitconnect

>>15199864
>No one cares about the stupid opinion of some nobody. If you think you can refute bitcoin's value prop go and fucking do it in the market.

i'm not refuting the Bitcoin value prop. just trying to see what you think about it and whether you can actually think about it.

here, i'll do your job for you:

Bitcoin mining rewards will continue to halve, until eventually the rewards are low enough (in value terms) that miners will be less incentivized to mine for the sake of the coinbase, at which point difficulty will drop to compensate. then it's quite possible that 51% attacks will become easy. i think this is what the previous poster was probably talking about. at some point 51% attacks are easy, so it might call into question the ability of Bitcoin to store value well.

but hopefully by that point transaction fees will be a sufficient reward for miners to keep mining. but it's not guaranteed. as satoshi put it, "Once a predetermined number of coins have entered circulation, the incentive can transition entirely to transaction fees and be completely inflation free." but i think you can see there are no guarantees about it.

anyway, everyone who understands Bitcoin understands that this risk is there, and it is already priced into Bitcoin.

i also think the previous poster was trying to point out that 0xBitcoin has outsourced security to Ethereum. he thinks that's a strength. so once 0xBitcoin's reward gets low enough that miners are less incentivized to mine and difficulty drops, there is no risk of a 51% attack on 0xBitcoin. the assumption is that Ethereum will still be heavily mined/staked, so 0xBitcoin will still be defended. (yes, 0xBitcoin, as an Ethereum smart contract, is completely dependent on Ethereum.)

i hope you can think about that stuff and respond in a meaningful way.

>>15200081
Could you elaborate how BRAP is bitconnect Brad?

>>15200120

I didn't say they are the same. I just gave you a perfect counter to the fact that you said they're legit because they have a dev team. There have been thousands of projects with dev teams that have scammed the fuck out of retarded plebs like you.

>>15199928
>It should be a straightforward answer
For a person with a working brain

>>15200049
It literally was. It's the whole point about continued mining not being necessary to keep the commodity secure. You know, just like with gold, which I referenced right at the beginning?

>>15198484
I FUD projects I like and I FUD projects I don't like. If the poster sounds cool then I give them the best advice I can. If they sound new or are annoying I give them the worst, but believable, advice I can muster.

>>15198484
I work for a top 50 crypto and fud it all the time because it's a shitshow and going to die anyways so why not

>>15198484
I fud absolutely everything on biz. I feel like it's a duty to all my biz bros to immediately shit on new projects and and be as cynical as possible about it. if the shills can form a reasonable defense, they sometimes change my mind and I'll buy in (id never give them the satisfaction of knowing though).
I also just like fudding coins other people hold, cause fuck them.

>>15198484
No. I just talk to the projects I’m invested in because I think they are good bets but I don’t spread fomo or fud.
>t. Btc, Ren, Rsr, Sent

>>15200108
>i'm not refuting the Bitcoin value prop
That is correct. You are attempting to insinuate a refutation, and failing.
>just trying to see what you think about it and whether you can actually think about it.
You do not have the mental capacity to make any qualitative judgments about my thought process.
>blah blah blah it's quite possible that 51% attacks will become easy
I'm holding my breath
>i also think the previous poster was trying to
It's good that you're combining your forces. Between the two of you you have almost 1 full half of one brain.
>i hope you can think about that stuff and respond in a meaningful way.
"Muh miners muh mining rewards"
You have some delusion that ANY of this is original or interesting thought. I am not a spokesman for bitcoin. You think the reward structure is flawed? Great. Go short it. Go 51% attack it.

>>15200250
based

>>15200250
>I feel like it's a duty to all my biz bros to immediately shit on new projects and and be as cynical as possible about it. if the shills can form a reasonable defense, they sometimes change my mind and I'll buy in

phrased constructively, you like to be a skeptic and think doing it publicly is good for the community. given enough evidence, you change your mind. that's good stuff.

>(id never give them the satisfaction of knowing though).
>I also just like fudding coins other people hold, cause fuck them.

that's just antisocial. i understand acting antisocial to fit in on biz, but it sounds like you actually do it for your own pleasure. i don't understand that.

>>15200288
>You have some delusion that ANY of this is original or interesting thought.

it doesn't seem like you have anything to say. you can only avoid questions directed at you and call people stupid. when someone says "here's a thing that should be obvious to anyone including you", you say they are being obvious. you imply that people are ganging up on you if they just happen to agree with each other and not with you.

you still haven't addressed the other poster. you just dance around with stuff like, "That wasnt your original point dickhead don't try and to pretend like it was".

why is this so hard for you to address such a simple question directly?

>>15199928
>So are you going to answer the question or not? Why is it good for a commodity's value to be dependent on the miners?

>>15200126
BRAP has a working platform and never raised funds in an ICO. No one is exit scamming. The dev team all came from /biz, it is a /biz project and nearly all coins were airdropped to /biz. Talking shit about BRAP is like talking shit about Pepe. BRAP was built for and by the community, you don't like it, fuck off to reddit.

>>15200398
>why is this so hard for you to address such a simple question directly?
Good question! 0xBTC shills favour the pseudo-intellectual approach. Big walls of text full of half-truths and tautology and other language tricks.

If someone is smart enough to follow a reasoned critique of these essays, they are smart enough to not get suckered in the first place.

So I am not trying to convince smart anons. I am trying to convince the ultra brainlets who see your long sentences and think they mean something.

How do I do that? By calling you a faggot! They see me call you a faggot, they see you not DENY being a faggot, so they assume you must be a faggot. And thus will not buy your coin.

I hope this has been illuminating.

>>15200541
>Big walls of text full of half-truths and tautology and other language tricks
i didn't see any of that. you just have poor comprehension, i think.

>>15200554
You're just a faggot, I think

>>15200541
>How do I do that? By calling you a faggot! They see me call you a faggot, they see you not DENY being a faggot, so they assume you must be a faggot. And thus will not buy your coin.
>I hope this has been illuminating.

ok, this is pretty funny. now i suspect you are somebody from the 0xbitcoin discord larping as a hater. if that's true, GOTEM.

Those speaking the facts about 0xBitcoin are simply trying to inform others. If you don't want to buy it based on the whitepaper and all the information out there, you..don't. Buy whatever you please. When it's all said and done, 0xBitcoin proves itself as real crypto. End of story. Go buy your scam erc-20's that were made to steal your money with absolutely no commitment to their roadmaps. 0xBitcoin was deployed as is and works. How about you learn to code and make valuable dapps?

>>15201059
>it's a real crypto
Wow how unique