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/biz/ - Business & Finance

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24357435 No.24357435 [Reply] [Original]

With your knowledge of cryptocurrency, what properties/features would you give to the perfect crypto?

>> No.24357537

The one that makes me rich in a single investment and allows me to retire. It's that simple.

>> No.24357561
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24357561

>>24357435
>>24357537
ie Chainlink.

>> No.24357565

It's not about the coin, it's about the exchange. It must allow 1000000x leverage.

>> No.24357566

it must be smelly every time I comb my hair

>> No.24357584

>>24357565
Just try a +/-0.5% multiple times with $10 until you make it.

>> No.24357601

something that benefits ecosystem, makes it easier for users to use

>> No.24357694

>>24357565
>"it must allow 1000000x leverage"

Elaborate

>> No.24357715

>>24357694
You know that exchanges can offer any amount of leverage, as long as they have the available funds, and are guaranteed to never make losses due to auto-liquidation, right?

>> No.24357735

>>24357715
yes, it would fuck up the markets, but who cares?

>> No.24357760

>>24357715
i.e., at 10x, it auto-liquidates if you make 10% losses, at 100x, at 1%, 1000x, at 0.1%, etc.

>> No.24357895

>>24357760
if you do 1000000x $10 and put a 0.1% (after fees) long, then you'd make $10000.

>> No.24358305

>>24357435

Circulation to the public
Vendor acceptance
Guaranteed use, either by a company as a token, or as an alternative to wire transfers by a payment processor.

>> No.24359039

>>24357435
Actual developer adoption with real business use.

>> No.24359164

>>24357895
No, you'd lose your entire net worth in microseconds because the exchange's bots auto liquidate you

>> No.24359377
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24359377

>>24357435
Strictly for a currency? Anonymous, dynamic blocksize, quantum proof cryptography, has atomic swaps, user friendly software, wide merchant adoption, maybe PoS instead of PoW. The closest thing I'm aware of is Monero, but it only fulfills like half of these requirements.

>> No.24359449

>>24359377
Forgot about a strong leadership and community that allows necessary forks to happen smoothly without a civil war, aka anything but Bitcoin.

>> No.24359478

>>24357435
Sauce? Trying to get a look without the monster can

>> No.24359484

>>24357561
saved.

>> No.24360155
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24360155

>Face and location data embedded wallets so the police can find me and make me feel good

>1% transaction costs so I can feel good giving
my money away to CHINKS and global warming

>A pedophile black list so I know not to send BTC to those fucking freaks, even if I'm buying on ebay or someone is begging for food.

>Can edit your wallet amount with a text editor on your PC just in case you pay for something and they don't give you a refund.

>> No.24360497

>>24359478
Bumping this question.