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/biz/ - Business & Finance


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15216241 No.15216241 [Reply] [Original]

The What, the Why, and the How of 0xBitcoin:
https://medium.com/@0xK/the-what-the-why-and-the-how-of-0xbitcoin-5c635fe2df6b

Where to buy?
https://forkdelta.app/#!/trade/0xBTC-ETH

>> No.15216470

LURKERS & NEWFAGS BEWARE - 0xBITCOIN WAS A BIZ PND THAT THOUSANDS OF ANONS GOT BURNT ON IN 2018

0xBitcoin was a /biz/ invented FPGA miner scam token.
Almost everywhere online 0xBTC threads are deleted, ie plebbit, its that big of a scam.
The actual daily 24hr volume on 0xBTC is under $10,000 - CMC reported volume is 95% wash trading
Don't believe me then buy $300 worth of 0xBTC and watch the price move by 20%

Around the time that these miners were pumping 0xBTC they shilled /biz/ CONSTANTLY with it.
There was at least 15-25 spam threads about it daily up until they dumped their bags on all the anons buying in.
It was a coordinated pump and dump and these 0xBTC scamming faggots think that /biz/ has forgotten about what they did.
Lots of anons were fooled into buying it at $2-$4.
Now there are tons of bag holders of this shitcoin and ALL of the 0xBTC threads on /biz/ are made by these miner faggots where they coordinate /biz/ shilling in their 0xBitcoin discord.

This project has a better chance of always being worthless than even worth $5.
No one will really tell you the truth about this scam because so many ppl were suckered into buying it on /biz/
Truth is, not many ppl are smart and wise to scams and it takes a high IQ to realize that 0xBTC is a miners scam token.
What's more is the FPGA miners mining this shit are now only making about $0.08/0xBTC and it keeps dropping.
It's incredibly not profitable for anyone besides FPGA fags to mine this shit.

Don't fall for this fucking miner scam token, its always going to be worthless.
>entirely community driven
>zero money for marketing or exchange listings
>scam artists for devs - who literally orchestrated a pump and dump on bizlets
>miner shill faggots who constantly spam threads about it bc they are so desperate for you to buy their bags because LITERALLY NO ONE IS BUYING THIS SHIT ANYMORE

What's more is that 0xBitcoin DOESNT EVEN PUMP WITH LEGACY BITCOIN!!
>do not reply to 0xbtc shills.

>> No.15216597

>>15216470
>LURKERS & NEWFAGS BEWARE - 0xBITCOIN WAS A BIZ PND THAT THOUSANDS OF ANONS GOT BURNT ON IN 2018

what is the earliest /biz post about 0xBitcoin than biz can find? i'll go search.

>> No.15216632
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15216632

>>15216597

0xBitcoin was created in February of 2018. if it was a biz PND, wouldn't there be some activity?

biz pls help me find proof.

>> No.15216680
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15216680

>>15216597

ok here's the earliest biz post about 0xbitcoin i can find, from march 14, 2018 which is over a month after the start of 0xbitcoin and by then they had heavy mining already.

who can find an earlier one? c'mon let's prove that 0xbitcoin is a biz invented PND scam

>> No.15216687
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15216687

>>15216597

here's the earliest post i found, march 14, 2018

>> No.15216739
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15216739

>>15216597

oh shitttt! new record: march 13, 2018

hmm biz this is still over 1 month after launch of 0xbitcoin. there were hundreds of miners by this point.

we need earlier proof that 0xbitcoin was a biz PND scam. anon pls hlep

>> No.15216763

>>15216739
>there were hundreds of miners by this point.
Source

>> No.15216873

>>15216763
>>there were hundreds of miners by this point.
>Source

someone posted a CSV long ago. i will find it and upload it to google sheets.

>> No.15217024

>>15216873
>someone posted a CSV long ago. i will find it and upload it to google sheets.

if anybody has the CSV uploaded by one of the devs around the anniversary of 0xBTC this year, can you share it? i know i have it, but it's taking a minute.

>> No.15217065

>>15217024

nm, i got it. i will make a chart if i can figure it out, one minute.

>> No.15217169

>>15216632
What faggots mean by scam is that in the early days of mining an entity with enough knowledge and money saw promise in the coin so they started aggressively mining it.
Thats it thats the scam.

>> No.15217170
File: 137 KB, 2222x1916, miner stats.png [View same] [iqdb] [saucenao] [google]
15217170

>>15216763

a bit ugly. what is the best place for me to upload the XLS file?

>> No.15217290
File: 227 KB, 1388x1838, miner stats2.png [View same] [iqdb] [saucenao] [google]
15217290

>>15216763

there were 514 addresses that had mined 0xBitcoin by march 13, 2018. if your next inclination is to say that it's fake, keep in mind that mining requires doing actual hashpower.

XLSX file with the data: https://file.io/4AD2wt

>> No.15217330
File: 778 KB, 1752x1812, miner stats3.png [View same] [iqdb] [saucenao] [google]
15217330

>>15216763

btw the spreadsheet also has the links to the ethereum transaction where each miner first showed up.

NOW, can anyone find a biz post earlier than march 13, 2018? remember we need to prove that 0xBitcoin is a biz PND, so ideally we need prood on or prior to feb 6, 2018 when 0xBitcoin was launched.

come on anon

>> No.15217344

Interesting work

>> No.15217501

>>15217330
Thanks anon for posting all that data.
The timestamp in this pic only says when the respective miner first shows up, right? It would be interesting to see the timestamps of the first blocks being mined, to disprove that "low difficulty abusal" fud, since the difficulty should adapt itself to reasonable mining frequencies...
I guess one could see that on etherscan, right?

>> No.15217521

>>15217501
>The timestamp in this pic only says when the respective miner first shows up, right? It would be interesting to see the timestamps of the first blocks being mined, to disprove that "low difficulty abusal" fud, since the difficulty should adapt itself to reasonable mining frequencies...
>I guess one could see that on etherscan, right?

that would be cool but i don't have it. you could see it on etherscan or the 0xbitcoin block explorer

>> No.15217559
File: 69 KB, 1311x606, chart.png [View same] [iqdb] [saucenao] [google]
15217559

>>15217521
Alright, I'm gonna do a little research on that one.

In the meanwhile I found pic related, the token contract overview on etherscan, seems to agree with the non-scam narrative.

>> No.15217732

AN FPGA JUST FLEW OVER MY HOUSE

>> No.15217936

nobody can find any mention of 0xbitcoin on any board before march 13 2018, over a month after 0xbitcoin contract was deployed and project was announced?

>> No.15218346

bump, I need a little more time

>> No.15218502
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15218502

>>15216597
>what is the earliest /biz post about 0xBitcoin than biz can find? i'll go search.

here's the earliest post of any kind that i can find about 0xBitcoin. it was posted to Medium on february 6, 2018. so if 0xBitcoin was a biz invented PND scheme, we need a biz post that predates this Medium post

COME ON ANON HELP US FIND IT

>> No.15218548

>>15216470

i don't know how stable you are and whether you can be talked to, but did you review the evidence lower down? we need to prove that 0xBitcoin is a biz created PND scam like you said. you must have some good evidence of that, so you need to share it stat.

>> No.15218588

>>15217170
So this coin was mined for a whole month before it was introduced to /biz. Thanks for helping a newfag stay away from scams, Anon!

>> No.15218634

>>15218588
can you explain your viewpoint more? to me it looks as if biz became aware of a month-old project and did a pnd. "/biz/ invented" obviously does not make sense if nobody can find any discussion of 0xbitcoin before the contract was deployed.

>> No.15218654
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15218654

>>15216597

i searched the 0xBitcoin discord for any 4chan posts mentioned before march 1, 2018. there was exactly one 4chan url posted, but it was to /g/ not biz:

http://rbt.asia/g/thread/64798748

and it's not exactly shill material. looks like it just kinda died too.

>> No.15218835

>>15218634
As the image shows the miners mined the token while the difficulty was low before starting the shilling threads on /biz/ in May. The image shows the number of miners decreasing by almost 90% after the pump and dump that ended in early June. I'm glad I bought Chainlink yesterday instead of this. I was beginning to think this was a legit project before the images you posted.

>> No.15218844

>>15217732

fucking lol'd

>> No.15218847

>>15218835
Good luck with Sergey dumping

>> No.15218872

>>15218835
>As the image shows the miners mined the token while the difficulty was low before starting the shilling threads on /biz/ in May. The image shows the number of miners decreasing by almost 90% after the pump and dump that ended in early June. I'm glad I bought Chainlink yesterday instead of this. I was beginning to think this was a legit project before the images you posted.

lmao, you obviously don't understand anything about mining. and mining continued to climb like crazy after May. it's just that no one could solo mine anymore because the difficulty was too high. everybody switched from solo mining to pool mining.

if you want to be useful, try to find earlier evidence of 0xBitcoin being a biz invented PND. we need biz posts prior to feb 6, 2018.

>> No.15218888

>>15217732
Based and fpgapilled

>> No.15218896

>>15218847
First of all he's sending the tokens to fund startups that will actually use the LINK token and to continue Chainlink's development. But I don't care what you think as my linkies stay super stinky $1000 EOY. Why did you attack my investment instead of defending the coin you're shilling against the points I made? If a newfag like me can see this for the obvious scam that it is you guys are wasting your time shilling this.

>> No.15218904

>>15218835
>number of miners decreasing by almost 90%

>>15218872


oh i just realized you a probably too unknowledgeable for what i said about pool mining.

when solo miners switch to a pool, they all mine under one miner address (the pool's address) instead of their individual addresses. that why the count of miners when down while the amount of mining went thru the roof.

>> No.15218942

>>15218904
>while the amount of mining went thru the roof.
It went from 200 on 02/21 to almost zero on 07/01. The data is literally in the image you posted, how stupid are you?

>> No.15218950

>>15218942
2000*

>> No.15218963

>>15218950
>>15218942
you just keep digging a deeper hole.

>> No.15218971

>>15217344
Based

>> No.15218989

>>15218942
Lol 0xbtc shills getting rekt by a newfren. Kys shills

>> No.15219009

>>15218942
>>15218950
>>15218989
>when solo miners switch to a pool, they all mine under one miner address (the pool's address) instead of their individual addresses. that why the count of miners when down while the amount of mining went thru the roof.
please read this over and over, very very slowly until something happens in your brain.

>> No.15219031

>>15218942
>It went from 200 on 02/21 to almost zero on 07/01. The data is literally in the image you posted, how stupid are you?

lmao. are you serious. hashrate is not dependent on number of miners, idiot.

you could have 10 giant pools easily doing more hashrate than 1000 solo miners.

>> No.15219032

>>15218942
A pool only counts as one unique miner. There were so many people mining, that the difficulty went up too much to solo mine any more. There aren't less people mining, they're just doing it through pools.

>> No.15219046

>>15218346
How much you got m8

>> No.15219055
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15219055

ok time for a new angle of attack.

i searched the complete history of every single 4chan url posted to the 0xBitcoin discord, from
start of discord on feb 8, 2018 until mar 31, 2018.

there were only 5 links to 4chan, here they are:

2/19/2018: >>>/g/64798748 (not biz)
alternate: http://rbt.asia/g/thread/64798748 (not biz)

3/16/2018: >>8397792
alternate: https://archived.moe/biz/thread/8397792

3/20/2018: >>8457081
alternate: https://archived.moe/biz/thread/8457081

3/24/2018: >>8533709
alternate: https://archived.moe/biz/thread/8533709

3/28/2018: >>8597952
alternate: https://archived.moe/biz/thread/8597952


again this is every single mention of 4chan.org using the discord search. shit, i'm not halping the situation.

ANON WE NEED PROOF 0XBITCOIN WAS A BIZ INVENTED PND !! PLS HEP

>> No.15219065

>>15219031
That's the total number of tokens minted. Look at the graph your shilling buddies posted.

>> No.15219164

>>15219065
>That's the total number of tokens minted. Look at the graph your shilling buddies posted.
>>15218942

unique miners per day is the right axis. the only thing near 200 on 2/21 (but it was actually 2/16) was unique miners per day.

like i and many ppl said already, number of unique miners doesn't mean the hashrate can't go up. people started joining mining pools.

>> No.15219206

>>15219164
>unique miners per day is the right axis
That just changes the numbers of tokens minted not the 99% drop in the tokens minted. Also didn't you say that mining pools were introduced later to explain the drop in unique miners? Why are you showing screencaps of the earliest 0xBTC posts with mining pools in the OP?

>> No.15219243

>>15219046
I'm getting there, the webscraping takes really long

>> No.15219301

>>15218588
>So this coin was mined for a whole month before it was introduced to /biz. Thanks for helping a newfag stay away from scams, Anon!

so:

- unless it's shilled to /biz from the start, it's an evil PND scam .. to exploit biz

but also:

- if it IS shilled to /biz from the start, it's an evil PND scam .. created by biz .. to exploit biz?

>> No.15219393

>>15219206
>That just changes the numbers of tokens minted not the 99% drop in the tokens minted.

what? can you ask this in better english?

number of mints (which is not the same as tokens minted) is definitely going to go up and down. anytime the price of 0xBitcoin goes up, miners will rush in and the number of mints will temporarily skyrocket. if the price falls, miners go away and it takes a long time for the difficulty to come back down.

but there would be about 144 mints per day on average if mining rate was completely constant.

>Also didn't you say that mining pools were introduced later to explain the drop in unique miners? Why are you showing screencaps of the earliest 0xBTC posts with mining pools in the OP?

i think mining pools were basically required after about 1 month. but i doin't really understand your question. what do you mean by "showing screencaps of the earliest 0xBTC posts with mining pools in the OP?"

>> No.15219418

>>15219301
You didn't even attempt to address any of my criticism. Why are you digging a deeper hole for yourself? All those paragraphs and pastas about this not being a scam wouldn't be needed if this was indeed a legit project.

>> No.15219435

>i think mining pools were basically required after about 1 month. but i doin't really understand your question. what do you mean by "showing screencaps of the earliest 0xBTC posts with mining pools in the OP?"
Your said that mining pools were established in June to explain the declining number of unique miners but you're also posting an image earlier than that that already has a mining pool address.

>> No.15219544

>>15219418
you are a lost cause, immune to evidence and arguments.
bamping this thread for more relatively high-quality info.

>> No.15219576

>>15219418
>your Honor, it's clear that the accused is guilty. Why else would he be trying to prove his innocence with these eloquent arguments?
>>15219435
The number of unique miners clearly peaked in February, after which mining pools became available.

>> No.15219598
File: 95 KB, 2180x1870, miner stats4.png [View same] [iqdb] [saucenao] [google]
15219598

>>15219418
>You didn't even attempt to address any of my criticism

what? "any of your criticism"? i tried to address all of it. it just seems like you aren't understanding the charts. maybe download the excel spreadsheet so you can say what you mean more accurately.

>>15218835

miners mined 0xBitcoin in feb, march, april, and may. what is you point? the 0xbitcoin project was announced far and wide on every damn platform imaginable. yet you think the graphs show some evidence of miners premining so they could dump on biz? no.

the hashrate goes up when the price of 0xbitcoin goes up. the hashrate goes down the the price of 0xbitcoin goes down.

pools became a must-have for most miners during the GPU wars which were in early march, 2018. there will still dozens solo miners (people with big rigs), but the highest number of miners were no longer solo. they were mostly mining in pools.

here's a zoom in on the unique miners per day, in case it helps you get better numbers to ask better questions. i can barely follow your illogical questions because you don't seem to understand much about mining, pools, hashrate, or anything.

>> No.15219854

>>15219598
The mining early argument they pass as scam is literally retarded. Same thing happened with BTC early. It's not a perfect system, but waaaaay better than ICO

>> No.15220247

>>15219544
Checked

>> No.15220257

>>15219435

did you figure it out yet? if you have a genuine question about the charts, i am willing to answer.

>> No.15220586

>>15220257

They gave up XD

>> No.15220667

>>15216470
as the OG 0xbitcoin hater, what do you have to say about nobody being able to find anybody on 4chan talking about 0xbitcoin before march 13 2018, over a month after project launch?
where does that leave the claim you've made over and over that 0xbitcoin is "/biz/ invented"?

>> No.15220744

>>15216470
in >>15218654 we can see 0xbitcoin devs looking for help getting a gpu miner going around two weeks after project launch. where does that leave your claim about 0xbitcoin being an "fpga miner scam token"?

>> No.15220832

>>15216470
>they coordinate /biz/ shilling in their 0xBitcoin discord.
would you mind grabbing a snapshot of this? i can't seem to find it.
spoiler alert, it's not there. it didn't happen.
you say this crap instead of just showing the proof because there isn't any proof.

>> No.15220888

>>15220832
>you say this crap instead of just showing the proof because there isn't any proof.

there was a guy a while back who said, "you can't get proof because it's all happening in DMs!!!"

tinfoil hat time. maybe the same guy.

>> No.15220925

>>15220888
Sigh

>> No.15220954

Why are you posting in SENT threads? Fuck off

>> No.15220989

>>15220954
it's not us. i think it's this guy: >>15219620

>> No.15220998

>>15220989
We will fuck your project up if you mess with us motherfucker

>> No.15221023

>>15220954

some 0xbtc hater has a hardon. it's not 0xbtc guys posting in your breads.

>> No.15221196

>>15220667

He quite already uwu

>> No.15221443

What the fuck is a sent

>> No.15221533

0XBTC $1000 EOY

>> No.15221555

>>15221533
>0XBTC $1000 EOY

i sincerely doubt it. prepare for a long, slow climb if anything.

>> No.15221590

>>15221555
It's a joke lol

>> No.15221645
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15221645

>>15221590

oh lol