/biz/ - Business & Finance

>>28651020
If this drops below 40, im cashing out.

I have a stop loss at 41

>>28651172
Do not do it. Do not fall for the bear-trap.

We are following perfect fib trajectory. It will soon ejaculate to a double peak of 60 - 100 within 2 weeks.

I have no money to buy more. Fml.

>>28651020
What fud? You mean the fact that your platform completly bricked for hours and the devs took their seret ass time to do anything? Or do you mean the fud about the same devs trying to hide evidence of a doublespend?
Ava is a joke and will be forgotten in 6 months.

Already sold whatever wasn't staked on the network

>>28651428
1) Nothing bricked.
2) Devs solved a legit situation in 1.5 days.
3) There was no doublespend (your mother will die from covid for that lie)

thinking about going in more, but where the fuck is the floor?

>>28651555
There was a double spend and devs hid evidence of it lmfao

>>28651682
you are so fucking stupid

>>28651624
According to my fib chart, probably between 38-40. I am buying 200 more to complete my 2000 stack at 40.

They are not really vaporware. They are just behind AVAX in the run to DeFI. Cardano will take like three years to have a bridge, I think. As for DOT, their wallet is very confusing to use and not user-friendly, and they bridge is just a promise yet. AVAX is the best option for DeFI at the moment, unless you want to pay $5000 fees in Ethereum. They just need to fix the bridge.

>>28651624
We're going to find out soon when the roach devs rugpull and dump their bags

>>28651796
yeah, I'm sure a Cornell prison is going to rugpull us and go straight to prison

>>28651682
omfg hurrrrrr double spend again?
......

>>28651624
Wait until token unlock in march so that all cards are on the table before you buy in. The price will adjust itself to a certain price level - likely much lower than it is now.

>>28651723
You are literally just shilling because you likely have money staked on the network - like I do. Don't lie to /biz/raelis that it's going to moon despite almost all the sell volume being artificially down.

>>28651796
Only EGS is a Turk.

All other devs are American.

>>28651876
*professor

>>28651884
There was a double spend. Cope all you want, it happened you subhuman faggot

Tried to swing last time and lost out, I'm just gonna leave it

>>28651020

What is happening? I'm financially ruined.

>>28651898
Did you even bother to read what the CEO tweeted? $40k was accidentally minted (about 0.001% of the coin's market cap).

You're shorting so obviously you're lying about what occurred to create FUD

Honestly hope this falls back to $10 so I can stash my bag for when it hits $1000 in a few years time.

>>28652027
anyone with liquidity is selling because of a double spend bug. Almost all funds are locked up and cannot be liquidated leading to a stable price and no volume despite the fundamentals of the project deteriorating rapidly

>>28651984
imagine being such a retarded faggot that you don't know what a double spend is

>>28651768
>Doing TA on something that basically can’t be sold right now
NGMI

>>28652042
>>28652124
Guy send a transaction and received it 7 times, that's a double spend. That's never not going to be a double spend.

>>28652115
Now you're just embarrassing yourself.

And soon you're gonna be liquidated, untermensch.

>>28652115
there is literally billions of dollars of liquidity on binance, fucking retarded fudding pajeet

>>28651984
a double spend is when someone will lose money because he was paid with funds already spent. nobody is losing money here it's a double mint, not a double spent brainlet. nobody is losing avax on a payment

>>28652165
Of course it can be sold.

>>28652124
He's the subhuman crybaby that's on every AVAX thread, because he was priced out. At this point he's going more for AVAX' benefit than against

>>28652172
no, that's not a double spend, imagine being in crypto and not knowing what a double spend is

>>28652115
Good lord, are you fags still falling for the double spend fud? There was no damn double spend

>>28652191
>>28652222
The binance float is <10% of market cap and the price has already fallen by 33% from ATH

>>28652260
>>28652296
>>28652325
Counterfeiting tokens is a form of double spending

>>28652296
These fuders are all newfags who have $500 in AVAX. Literally unimportant.

>>28652380
Its a pullback from 10,000% gains you retard. And no its not a form of double spend, stick to price and stay out of technical terms please

>>28652380
>Counterfeiting tokens is a form of double spending

I need you to kill yourself immediately for outing yourself as a clueless newfag.

A doublespend and a doublemint are mutually exclusive. BTC had doublemints (2 billion BTC) in its first era. They had to fork it through a convoluted 2 week period.

AVAX solved the overwhelming interest bug in 1.5 days.

Now kill yourself. Do it for your mother.

Every time I read the words "double spend" I remember this guy.
Anyone remember the B2X discussion about double spending?

>>28652380
there aren't "forms of double spending", double spending refers to a particular outcome which clearly you're too stupid to understand

imagine posting on crypto investing, but not knowing the first thing about crypto LMAO

>>28652479
>>28652560
Have you looked at the transaction? It shows 63 tokens being sent once but in reality the same hash is received repeatedly over time, causing the tranaction to mint more coins than are supposed to exist. It's literally a double spend.

>>28652609
I wonder how he came to hate AVAX so much. Was he the guy we kept telling to buy at 8 dollars?

Only a priced out bitter bitch could obsess so much about a success

>>28652669
you're a fucking fud idiot honestly. Seriously, do your research, understand it, or do something else other then crypto if you really dont get it.

>>28651020
it's gonna go down to 31 ish, I re buy

>>28652669
>need you to kill yourself immediately for outing yourself as a clueless newfag.
>A doublespend and a doublemint are mutually exclusive.
anyone with a 19 IQ can do a research and acknowledge that it was not a double spend

>>28652811
I am literally the anon that took a screenshot of the transaction and posted it on /biz/ to force the Avalanche developers to address it. Instead they said it was a bug with avascan and fumbled around like pajeets for a day and sent their bagholding node operators out into the wild to fud the reality that a double spend bug happened

>>28652669
do you have a red buttplug with an AVAX logo on it?

Just so you motivate yourself to FUD more?

>>28652866
probably but I wont risk it, I will buy mid 30's

>>28652106
would be nice to pocket 2k, and continue with regular weekly crypto activities.

>>28652955
>>28652866
Floor can't be that low.

38-39 at best. Otherwise it breaks fibonacci.

And with this much press and announcements coming, it WILL be fib.

It goes down, I buy more.
It goes up, I become wealthy.
It doesn’t move, I make money from LP mining and staking.
Comfiest hold of my life

>>28652924
They’ve invented a new term for double spend to avoid the stigma of it, but we saw...we saw. And the people dumping right now saw too.

>>28652943
that hsk81 guy kek, what a fucker

>>28653051
Will one of those announcements be that they fixed their pajeet code to not have chain-breaking problems

>>28652943
>Instead they said it was a bug with avascan
some community managers said that, they had no clue what was happening. devs were busy working on the patch

>>28652943
I agree, they handled this terribly. I remember they initially blamed APIs and wallet when the network was down.

>>28653275
Probably couldn't believe that it wasn't a bug and the chain they dumped their life savings into had a double spend on it

>NOO IT WASN'T A HECKIN DOUBLE SPENDERINO, IT WAS A DOUBLE MINTERINO YOU HECKIN FUDDER NOOOO

>>28651682
mate, stop it, its cringy, if there was doublespend, the media/vultures would be on it as they are looking for the smallest reason to shit talk about crypto so pls, save it, save your time and your fingers from fudding

at least admit you're shorting it

>DOT and ADA are vaporware which haven't even attempted 1% of what AVAX pulled of in 2 weeks.

This level of delusion. AVAX has no incentive for node operators, this is central to any PoS coin. ADA does.
AVAX's wallet goes through `api.avalanche.network`, there's a high centralization factor to AVAX because no node operator wants to expose its public API since it is not incentivised to do so.

>Web wallet

This is just sad at this point, I don't even know why anyone takes AVAX seriously. It has all the hallmarks of a shitcoin, just like Algorand.

Pic related, what shitcoins can learn from IOHK (Cardano/ADA).

>>28651020
>I bought 1000 ETH lol
>I bought 50000 LINK lol
Nice larp faggot. Every time I see someone post this shit I know they are a larping pajeet. Every pajeet scam has some fag that says this.
How many LINK in a suicide stack faggot?

>>28653718
Cardano is literally DPoS which is 2017 tech. Their scaling strategy is fucking state channels (which is the exact same shit lightning uses). At least be creative and come up with a different consensus algorithm.

>>28653718
It takes literally 15 minutes to set up a node and do transactions locally with a node and 30 minutes to set up your own web wallet anyone can access.

What the fuck are you talking about. Run a node > pasive income. Validate additional subnets > more income > create your own subnet > private messaging. Far more that Polkadot.

ADA isnt even close and is known as next to XRP as a shitcoin. It doesnt even have smart contracts, no subnet functionality, all you can do is send shekels back and forth. Trash

>>28653350
>>28653384
do you consider the value overflow incident a double spend, retard? it's not
https://hackernoon.com/bitcoins-biggest-hack-in-history-184-4-ded46310d4ef
it's not possible to do this anymore witht he patch and the avax fundation decided to burn the equivalent amount of tokens.
>>28653718
>AVAX has no incentive for node operators
imagine being that retarded.

Lol avalanche kissed their chance at being used by big players. I really liked the project but let's be real this shit fucked up.

>>28654060
Again the "I really liked the project, but..." shill.

why is he tweeitn this shit when he SHOULD be fixing the network?

>>28654453
kek this is quality fud. Take notes

>>28653051
Do you guys really rely on fib for usd? wouldnt all the smart money be watching the btc value in which case the TA would only be relevant there?

>>28654502
yea I stopped caring so im making AVAX fud memes now

>>28653440
If it was on coinbase or something they would report it.

>>28653718
This is some weak fud. Protocol adherence is financially optimal for AVAX stakers.

>>28654453
based

>>28651555
if their was not a doublespend then why did the devs burn the their own coins to keep the network at the same amount?

>>28657046
There would be no need to burn coins if there was a double spend retard. You dont know what a double spend is

>>28654453
Absolutely based.

>>28657379
double spending is using the same coins in two separate transactions without having enough coins for both transactions thus adding new coins to a network dumbass

the devs burned their own coins because invalid minting (double spend) happened on the network and they couldnt remove them from someone elses wallet. they were being pressured to make up for the error to keep the circulating supply consistent.

cmon binance allow deposits right now crash this shit

>>28658407
No retard, a double spend is when you send a spending transaction that is confirmed and then broadcasting a second transaction that overwrites the first, ripping off the first recipient. No new coins.

How are you in crypto and dont even know what a double spend is?

>>28658407
invalid minting is not double spending. Either learn to program or shut the fuck up

>>28658407
laugh at this fucking monkey who doesn't know what a double spend is a decade after bitcoin came out

>>28658918
This. I want to see the crash happen.

>>28660212
boolean avaxShill()
if (anon.iscoping()) {
return avaxShill();
} boolean cope = avaxShill();

>>28654148
The coin literally double spent you fucking mong

>>28660498
another retard who doesn't know what a double spend is, how do you live with yourself being so fucking brain-dead?

>>28651020
Show proof faggot

>coins we're duplicated
>those coins were then exchanged for wETH
Call it what you want but the same coins we're spent multiple times. Labeling it a "bug bounty" is a PR stunt to pretend everything is okay.

>>28661439
Keep coping. This team proved to be incompetent. Do you really expect big companies and future projects to build on this shit? It's literally going to $20 when binance opens deposits

I really believe in this project long term, that's why I placed my buying orders at $20.

>>28651020
The team makes me nervous so I’m not gonna invest in them as there are more trustworthy projects out there

>>28661941
>when binance opens deposits
has binance given a timeframe for this?

>>28660480
I remember seeing you in the other thread getting owned by half a dozen people for hours. Do you consider this a good way to spend your time?

>>28663388
I didn't get owned, I posted a picture of the double spend and then pajeets pretended it was a UI bug all day until the devs addressed it on Discord and Twitter

>>28660480
>compile error
kek

Fuck this i bought at 20 so I'm still doubling my cash, I just swing everything for ethereum, see ya losers

>>28664299
there would be one yeah cause anon is undefined

IM GOING TO STAKE MY AVAX

MY WIFE DOESNT BELIEVE IN ME. SHE SAY ITS A SCAM. I SAY NO NO NO LOOK. SHE SAID WHAT ABOUT THE DOUBLE SPEND. HAHA NO DOUBLE SPEND IT WAS A UI BUG.

>>28664330
there's at least two one more bug and a syntax error in your 4 lines of code, congrats

>>28664563
you don't know what language it is pajeet

>>28664626
fn you() {
loop {
cope()
}
}

>>28664836
$cope = shift;

>>28663816
You got owned non-stop, just like what's happening here. You keep insisting on something that's totally false. Anons explain why it's wrong and you just insist again, over and over. You're literally, completely, totally, demonstrably, empirically WRONG.

>>28665019
Coins were duplicated and then spent. Period.

>>28665106
Totally false. Period.

>>28651172
Buy dip if it goes below 40 or swing if you can't afford more.

>>28665121
https://avascan.info/blockchain/c/address/0x0a99c32AFFAEc0a697D4CB4bf660Eeddcf432c21/transactions

>>28663816
/biz/ found at least three cases of double spendings. The avax shilld are in full denial while the records are literally in the blockchain. And the official explorer was manipulated to hide it, while the devs pretended it was a minor bug, while it was clearly visible in third party explorers.

>>28665152
/biz/ didn't find shit though, some anon posted about it cause it happened to him.
also prove the other two fag

Is there anywhere I can look at the number of avax wallets and their rank by holding?

>>28665121
Are you calling the devs liars?

https://mobile.twitter.com/el33th4xor/status/1360390333012582402

>>28665302
the explorer has such a page. you'd be top50 with 1k AVAX cause the vast majority is staked

>>28665240
>/biz/ didn't find shit though, some anon posted about it cause it happened to him.
https://i.warosu.org/biz/thread/S28549326
>also prove the other two fag
https://i.warosu.org/biz/thread/S28549326#p28559184
https://avascan.info/blockchain/c/address/0x8D125687F0a9EA05e48cCA928031bacE3557767a/transactions
https://avascan.info/blockchain/c/address/0xC1BF05F27cb5Cda00c1dFb01C423CCD899A2C48b/transactions

>>28665152
you
are
a
stupid
fucking
faggot

who after 10 years since the bitcoin paper does not know what a double spend is

KYS

It should be
TENGRİ /BİZ/ MENEN
and not
>Gott mit AVAX

>>28665637
ok.
still accounted for in the 790.2
devs never pretended, it was community managers who admitted they didn't know.
also it's not a double spend l2crypto pls

My hands are getting weak bros. Help me.

>>28665625
I've been on the page before, and have been looking on the explorer for like 10 minutes now. My drunk ass just can't fucking find it. Oh well maybe tomorrow

>>28665888
checked
https://cchain.explorer.avax.network/accounts

>>28651020
>coins we're duplicated
>those coins were then exchanged for wETH
Call it what you want but the same coins we're spent multiple times. Labeling it a "bug bounty" is a PR stunt to pretend everything is okay.

>>28665639
You idiots in denial should kill yourself. There are clearly multiple transactions with the same hash.

>>28651020
the didn't read can't sell version of this meme is superior

>>28666113
you've been spamming this shit for 4 hours, maybe it's time to use google to look up the definition of double spend, you fucking brain dead monkey

>>28666113
I put money into avax so you must be lying.

>>28666181
My first post was 20 minutes ago Turkroach.

>>28666075
imagine you're so desperately priced out you're copy pasting replies between threads
try shitting in the loo ranjid

>>28651020
why is this stickied?

>>28666309
This was my first post you complete retard. I copied another post to see how much you faggot roaches are brigading these threads

>>28666543
ok ranjid

>>28665767
AVAX proudly sponsored by erdogan the watermelon seller https://www.youtube.com/watch?v=j6jL95BaSeM&ab_channel=mihrilee

>>28666581
Here's a transaction with an input of 63.45 and an output of 444: https://explorer.avax.network/tx/iWd83KayghBQYNERXem3nW8ifFjJsR66NwWcAR6uZavKFWthq

That's not how UTXOs are supposed to work.

Here's the contract calls spending the the duplicated coins: https://cchain.explorer.avax.network/address/0xF834cD05B12fCDAcd89E17361f783ea57fE86934/transactions

It's like you guys aren't even trying. This couldn't be anymore obvious. Stop shilling to newfags and pretending like everything is BAU.

>>28651555
Trips confirmed avax 555$ by eoy

>>28666664
no SHIT, sherlock

The fucking CEO posted what happened (i.e. it wasn't a double spend, you retarded sack of shit) and a patch was pushed out so that it doesn't happen again.

Issue solved. Now fuck off and go shill somewhere else, bitch

>>28666779
>reddit

>spacing

>>28666664
Nice CP faggot try writing original thoughts next time, I saw this in another thread

>>28666779
Were coins duplicated? - Yes
We're those coin spent? - Yes
How much do you currently have staked that you're defending this shit so hard? You look stupid.

Ive decided to come back every day until you shills stop lying.

>>28666841
That was me. CPing it doesn't make it any less valid brainlet.

>>28666884
you don't get to make up your own definition of a double spend faggot

AVAX bro's, we got to cocky

>>28667001
40 was always the floor after this pump, 30 likely due to recent issues. don't lose faith

>>28666976
I don't give a fuck what you call it. That's what happened. The consensus protocol allowed it to happen. How heavy are your bags that you can't even open your eyes?

>>28667156
I have about 5 or 6% of my portfolio invested in this. You're redefining words to fit your own bias. If you were honest you would look up what a double spend is or listen to the 10s of anons that tried to explain it to you, yet you're insisting that you're right like total schizo retard.

>>28665376
Your own link says it was a double mint, not a double spend. Can you read?

It's the same thing that happened to BTC, btw. They had to roll back the chain and the whole issue took weeks to solve, iirc.

>>28667307
I haven't once used the words double spend. You idiots have. I'm not saying shit about a double spend. I'm saying that coins we're duplicated and then spent and that's a big fucking deal. Pretending like it's not and shilling to newfags is fucked up.

>>28666884
>Were coins duplicated? - Yes
No. You're talking about something totally different. As half a dozen people have already told you, LOOK UP WHAT DOUBLE SPEND MEANS.

>>28651020
I've acoooomulated so much, it's amazing. Perfect shit in the mouth of fuds

>>28667400
That was 4000 years ago
Avax won't be taken seriously from anyone with capital

>>28667508
Yes it is a big deal, nobody denies this. What's your point then?

>>28651682

Are you talking about BTC?

>>28667545
I'm not talking about a double spend. Can you not read?

>>28667154
>30 likely due to recent issues
might all in if i can get 30

>>28667566
>That was 4000 years ago
Was this century, you're just young.
>Avax won't be taken seriously from anyone with capital
Shouldn't bother you then. How much do you have to invest? 100$?

>>28667508
Yeah autisticly arguing about the definition of double spend is overlooking this basic fact. This could potentially scare off new investors if not handled properly. This is an extremely ambitious project so there were bound to be some kinks, but I trust the devs to iron them out. Selling now is premature, but keep a close eye on how this plays out. Plenty of projects have been torpedoed for less.

>>28667599
You incorrectly used the word duplicated.

>>28667596
>incompetent comms
>incompetent dev team
>incompetent leadership
>lack of testing on mission critical paths
>buggy ass tooling
>unreliable block explorers
The writings on the wall anon. At least in the short term. Atop shilling your bags to newfags that don't know any better.

>>28667849
They were literally duplicated. The same transaction hash 7 times. What would you call that? You all seem to be sticklers for terminology.

>>28667983
New coins, not duplication. It's not anyone else's fault that you're wrong, you're just wrong.

>>28667883
now we're back at your own bias and how you interpret the situation based on limited information.

>>28667983
Its called a blockchain that isnt trustless. Might as well use an apache database.

>>28668034
Now you're just being pedantic. In a UTXO based system the transactions are the coins. The same transaction was duplicated (and accepted by the protocol) 7 times. So yes, the coins were duplicated.

>it’s fixed
>still dumps

Project is DOA

>>28668128
Yes. My bias is that this is a highly risky investment considering the recent events. I bought at $4 btw. Claiming that it's going to moon when there's obvious red candles in the future is down right despicable

>>28668160
Pedantic but correct. In any case, the issue was fixed and we'll see what happens, your predictions mean nothing.

In the mean time, please stop screaming in every single avax thread, it's annoying. It's clear you own a coin you feel is a competitor to this and nobody cares.

>>28651020
Diamond Claws? Has AVAX holders become furries? Lmao

>>28668364
The issue was fixed with an untested client side patch.

>>28668160
Ok but I've never claimed anything about the price. It's not like poorfags on /biz/ have much on influence on that anyway.
>>28668671
It was tested though you can see some of the tests in the git commit

Made some nice bank swinging this and was gonna get back in at 38 but if binance is still restricting it im afraid it’s really gonna drop when it opens. Don’t wanna be caught holding bags

>>28668364
No. Not correct. Do you understand how UTXOs work? I'll stop screaming when I see you shills stop shilling.

>>28668752
Huh?

>>28653054
newfag here.

I figured out the LP mining but read that you can get hit with an impermanent loss doing that.

Is there an instruction set for staking AVAX somewhere?