/biz/ - Business & Finance

>>53896814
I recently have been investigating coins that will never be rules securities. there are a few requirements for that as in :

- No premine
- No Proof of stake
- Decentralized

Raven ticks all boxes. I also bought a small bag of DGB. the RVN community is pretty nice and they have a lot of cool things like RVN metaverse and minable NFTS. I'm looking to become a worker for the project in some way

>>53896814
Any reason we should care about another shitcoin? We already got all we need, which is btc for global reserve and xmr for digital cash, rest is just trying to print more money (aka shitcoins)

>>53896814
when the SEC cracks down with regulations 99.9pct of tokens and proof of stake assets will all go to 0. there are only a handful of proof of work projects left. get a bag of the good ones with track record. thank me later in about 5 years when these moon to megavalueations

>>53896814
I mined it for a little bit, but it wasn't very profitable.
Its an OK coin.

>>53896859
it wont be only bitcoin. there is a want for a market to exist. and also, other pow chains can function as BTC second layers. like trees in a forest. BTC is the big tree and then there are smaller trees. decentralized. if one tree gets taken down there are others to take its place. Only Bitcoin will never be a thing. XMR will always be there too and I think RVN and DGB , DASH will be candidates too.

>>53896814
if does not do anything unique then it has no reason to exist

>>53896851
>>53896868
That’s what I’m thinking. If LTC is like silver to BTCs gold RVN is going to be like copper. Which might see more price action compared to the more expensive alternatives like real life copper

>>53896908
it has minable NFTS. like bitcoin ordinals but even better. as they wanted this function and in bitcoin it is a cheat basically. ordinals and nfts on bitcoin wasn't meant to be a thing but some smart dude found a loophole.

Ravencoin is ok, but not special.
Just another pow coin and nothing makes it stand out.
Plus, marketcap is already high.

>>53896924
Good point. personally I try to leech satoshis from print air shit tokens and then I funnel them into minable assets. i don't know how long we will still be able to do this. at one point the market will come to senses and shit-tokesn wont get any more attention. I think we have another cycle of retard moons of print air tokens to go though. Currently im capitalizing on "A.I" tokens. they might run out of steam soon tho

>>53896908
It’s a BTC fork that you can create synthetic assets on. I think that is unique to other BTC forks, correct?

>>53896967
technically not a real fork as we use it in this space, like BCH and BSV. its a new chain. but its a BTC base code. mining algoritm has been adjusted, amount of coins too amongst things. there is no segwit and such 2MB blocks at the point. its an interesting project

>>53896883
Okay, so we have XMR, why do we need RVN? What does it to better than XMR?

>>53897029
Ah I see thanks for dropping knowledge itt

>>53897081
im not going to bet on only 2 things. if XMR goes to shit then there are other open permissionless network assets I still have.

>>53897229
Okay, why RVN, why not LTC, DOGE or other PoW coin?

>>53897329
LTC and DOGE have a huge marketcap. I might get some doge when its back at 100 sats. I'm mostly BTC and XMR though. but also soem RVN and DASH, IDK we'll see how it goes

itt boomers that only know 4 tokens that were en vouge 5 years ago

>>53896814
now that mining is dead its probably the best one to mine based on my research a year ago