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/biz/ - Business & Finance


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24522701 No.24522701 [Reply] [Original]

0xBitcoin, a cryptocurrency using Proof-of-Work to FAIRLY distribute erc20 tokens using Bitcoins mining model on and backed by the Ethereum blockchain. Let me explain how this token is a great concurrent model of Bitcoin with great value.

No premine or dev fee or unfair practice were given on launch. The code has not been hacked or upgraded since launch! We have cheapest erc20 transactions.

0xBitcoin miners solve a complicated hash from the Ethereum blockchain that gives them the reward of a block (currently 50 tokens) and submit that proof to Ethereum blockchain. Which then gives them new challange hash for them to solve.

0xBitcoin was and is the first ERC20 Mineable Token. Running for over 2.5 years! First reward halfing in ~2 years. No hacks/scams/pre-mine/dev fee/ or cheat available, it was public the first day it was on the blockchain (Feb 2018) with a public miner.

Unlike other Bitcoin clones, 51% attacks on this coin are impossible due to it being on the ETH blockchain (they'd have to attack the Ethereum blockchain). Also solves the problem of security for the blockchain after rewards have become not worth mining, as long as ETH exists 0xBitcoin will work!

It has a price of 0.18$ at the moment and only 21 million will exist

0xBTC mined @ 6.2 million (Circulating supply)
First halfing @ 10.5 million

Traded on Uniswap @ www.0xbitcoin.trade
Website: www.0xBitcoin.org
Etherscan: https://etherscan.io/token/0xb6ed7644c69416d67b522e20bc294a9a9b405b31
Mining pool: www.mike.rs www.MVIs.ca

We are the only FPGA coin still surviving, check the lists @ https://www.hashaltcoin.com/en/calculation

>> No.24522743

>>24522701
OK but real Bitcoin already exists, so why would I buy that

>> No.24522870

>>24522743
https://www.coingecko.com/en/coins/wrapped-bitcoin

Market Cap
$2,323,692,615

It costs 0.5% to put any amount from Bitcoin chain to ETH chain.

0.5% of 2,000,000,000 = 10,000,000

They have spent at least 10 million in fees.

Our token uses proof of work to automatically store a Proof of Work token on the Ethereum blockchain and its market cap is currently 1,200,000$. I think there is much upside potential

>> No.24522934
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24522934

>>24522701
I hold 0xBTC for 3 years and love that we are still triggering the FUDDing pajeets on this shitboard.

Great projects are those that withstand the FUD. Other projects have come and gone, but 0xBTC has a cult following that will never stop posting here and triggering faggots who bought Deep Brain Chain in Dec 2017.

Get fucked gay boys.

THIS IS A 0XBTC BOARD

>> No.24523004
File: 341 KB, 1080x2160, Screenshot_2020-12-03-22-35-00-920_com.blockfolio.blockfolio.jpg [View same] [iqdb] [saucenao] [google]
24523004

>>24522870
Ok
But I really don't care about the fee. Your coin is not pegged to real Bitcoin, so it's worthless. WBTC is pegged to Bitcoin so it actually has real worth.
You'll need to make up a lot of fees to make up the huge price drops too lol.

17% of 2,000,000,000 = 340,000,000 lost because it's a shit pin with no value lol
Literally doing worse than STA right now a literal scamcoin

>> No.24523157

>>24522701
I love how everyone shits on this coin but it is one of the most legit projects out there. Fuck biz. They don’t deserve this.

>> No.24523238

Correct we are just a concurrent model, not a wrapped token. I think wrapping Bitcoin is bad because it takes away fees from the Bitcoin blockchain.

Also any small coin until 0xBitcoin had/has the threat of 51% attacks to destroy it, thus not allowing any Bitcoin models to start again until this.

If Bitcoin could find value in its store of value through proof of work, i do believe the same is said here since Bitcoins best asset was its distribution method. Everyone knows someone that knew about Bitcoin back when it was pennies (i was that guy ;))

>> No.24523364

>>24523238
Literally a cope coin and you're not even hiding it lmao
Just think logically. Why would anyone ever buy this thing when the real thing exists. Sure there are a lot of coping tards out there but they'll buy Litecoin or Groestl or BCash or BSV or any of the millions of Bitcoin clones out there that offer nothing but being Bitcoin clones, except yours is also completely dependent on the Eth economy and if it tanks so does your coin.

>> No.24523484

0xBitcoin - The only fairly distributed coin in stage 0 on Ethereum

False, there is also Vether. Newer and more interesting its like a fetus.

>> No.24523604
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24523604

>>24523364
BCash and BSV or the other Bitcoin clones all started from an air drop. They only exist to make their creators rich from the block snapshot, they are NOT real concurrent models(the distribution didnt start at block 0).
Ethereum itself was an ICO.
Find me any other coin with a better looking distribution, we are at 40% inflation atm, we dont expect "Price" we are just informing everyone about the opportunity to own a real piece of decentralized distribution of tokens.

https://etherscan.io/token/tokenholderchart/0xb6ed7644c69416d67b522e20bc294a9a9b405b31?range=500

>> No.24523715

>>24523004
>Your coin is not pegged to real Bitcoin, so it's worthless.
It's not trying to be a wrapped or pegged bitcoin. It's literally the bitcoin protocol running on the ethereum virtual machine or at least a really precise representation of it.
BCH or BSV are also the bitcoin protocol plus some changes running on a different chain than btc and they are also worth a few hundred dollars right now.

>> No.24524030

>>24523484
Vether is a interesting idea to defi and if vader pools ended delivery will be incredible.

>> No.24524155

>>24524030
Vether is interesting I just find the idea of destroying ETH rather childish in todays era of smart contracts there is so much that could have been safety done with the ETH that never went back to anyone yet brought value to the system.

>> No.24524288

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 99% 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 $0.50
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 $0.03/0xBTC 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 REAL BITCOIN!!
>do not reply to 0xbtc shills

>> No.24524399

This shit is going to make me so fucking rich

>> No.24524682

Vether>ETH>BTC>>>0xshitcoin

>> No.24524772
File: 13 KB, 250x250, 0xbtc.png [View same] [iqdb] [saucenao] [google]
24524772

>>24524682
Vether should market buy 0xBitcoin via uniswap with the burn ETH and then burn 0xBitcoin, then Id sign up

>> No.24524920

All roads lead to Vether... it literally solves the “decentralization” problem that so many of the phony “DeFi” imposters false advertise. Buy now in Era 1, or wait until it hits mainstream... the choice is yours

>> No.24525264

Proof of Value, 100% fair distribution, slip based fees on LP, stock to flow, compound scarcity with halving model, 10 basis point fee on every Vether transaction accrues to be emitted during the Fee Era... Vether is on track to emit indefinitely and will continue snowballing to become the most sought after, scarce and Valuable asset known to man. Vether gives power to the people. Vether moon on the rise

>> No.24525346

>>24523484
>Vether

this one is the actual gem btw

>> No.24525401

>>24525346
Yes fair distribution when 500 wallets are holding the whole supply and its about to have a halving xD way to agressive ;)

>> No.24525704

Yes 500 rational investors made the decision to hop on the wave before mainstream..will you ? it’s been 206 days. That’s more than 2 new holders every day. Watch this grow exponentially. So carry on, fud fud fud until you can’t no more :)

>> No.24525767

Not to mention Vether is community driven project. No ICO no premine. Every one of the 455 holder aquired Vether at cost, just as you can. So yes it’s definitely the fairest distribution protocol you’ll find!

>> No.24526492

Store of value narrative is will be great for 0x and Vether. Think Vether's burning eth idea is totally mad, but I love it personally.

>> No.24527050

How much to make it?

>> No.24527506

>>24527050
21,000

>> No.24527602

>>24524288

I thought something seemed fucky when I saw that their super amazing shitcoin had been around for 2 years and was still worth absolute dogshit, thanks for the warning.

>> No.24528086
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24528086

>>24527602
It's a copypasta bro. It's in every 0xbtc thread.

>> No.24528161

>Paying gas to mine