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/biz/ - Business & Finance

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File: 75 KB, 820x430, 0xBitcoin.jpg [View same] [iqdb] [saucenao] [google]
19636321 No.19636321 [Reply] [Original]

The creator of 0xBitcoin did not plan ahead. He created a mining contract on Ethereum that he marketed as a store of value but he did not anticipate wrapped bitcoin, the rise of stablecoins, and the fact that Ethereum is a store of value itself in the form of DAI. He used the 0xBTC contract as his personal piggy bank and never attempted to add any utility. This is why you've seen the 0xBTC chart flatline over the last two years and why the dev team left to join other projects like Vether.

>> No.19636340

>>19636321
FUND should solve your grievance

>> No.19637044

Thanks just bought more OP

>> No.19637135

thanks just sold 100k

>> No.19637143
File: 101 KB, 573x430, 7B027B1A-1659-4618-82D3-B574144E1878.png [View same] [iqdb] [saucenao] [google]
19637143

>>19636321
0xbtc is already complete, there’s no more development needed.

What you faggots fail to see is that 0xbtc allows for merge mining across other minabable erc tokens. This is not about having some wrapped btc solution, it’s about distributing tokens based on value added to the mining pool. It also introduces the initial mining contract, or IMO which is exempt from securities laws based on the howey test.

You brainlets can’t see how having a main minable erc token creates a whole new ecosystem.

>> No.19637427 [DELETED] 
File: 9 KB, 276x183, pasta.jpg [View same] [iqdb] [saucenao] [google]
19637427

>>19636321
stale pasta is STALE
and inaccurate

>> No.19637463
File: 19 KB, 276x183, pasta.jpg [View same] [iqdb] [saucenao] [google]
19637463

>>19636321
stale pasta is STALE

>> No.19637638

And all the other half baked ideas pay 2 or 3 times more in transaction fees, premine, or suck. Vether is the stupidest idea ever.

>> No.19637663

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.19637740

Yes and Bitcoin wasnt profitable to mine that is why Satoshi has 1 million bitcoins. Great idea to tell everyone not to buy them...

>> No.19638518

>>19637663
based. paste the vether version