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/biz/ - Business & Finance

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55944384 No.55944384 [Reply] [Original]

This piece of shit is going down faster than you can say double spend.

>> No.55944395

double spend

>> No.55944540
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55944540

>>55944384
Go ahead, sell

>> No.55944566

curious if anyone knows....what makes Rose better than Secret Network? They both seem pretty similar, although Secret is in the cosmos ecosystem while rose is on its own chain. is rose completely built out and usable or mostly just words for now?

>> No.55944581

>>55944566
it's the WM-AF femdom mostly

>> No.55944622

>>55944581
there used to be so many rose holders here, somebody has to know. Secret has a permanently inflationary supply, I think around 15% inflation annually. Rose has 10Billion coin hard cap no inflation? But only 5 billion are liquid? Wtf is their excuse for holding the rest of the tokens? And again, is their chain usable yet or just ideas? If rose does not yet have a workable chain and half the supply is on hold, Secret seems like a better buy with majority of the supply available and a working product, despite the token inflation. why does rose have a much higher valuation and what makes it worth that much over secret?

>> No.55944658

>>55944622
I didn't really know about SCRT xD I'm reading about the project as we speak. It looks like a nice alternative plus it's inflationary so there is no reason to postpone usage of the token.

I don't think valuations are rational in crypto. Just look at BTC. The only use case really is to transfer the token from the exchange to the wallet, that's it. It's slow and expensive. And nobody talks about how it depends on the miners. What will happen when the cost of mantaining the blockchain is higher then the expected reward ? Those miners have costs in fiat and BTC price depends on demand and that in turn to many other variables. It just so happens that for the moment it is worth mantaining but I reason that it's highly unlikely that will be the case forever

>> No.55944667

>>55944622
yes, rose has a workable chain and all of their main features are up and running. the only problem though is that nobody seems to be interested in using any of it. it's a completely dead chain.

>> No.55944683

>>55944658
I'd like to buy one or the other and I've really only looked into secret so far. hard to see why rose is better
>>55944667
well at least it's a working chain i guess, can't expect it to have much activity with current market conditions anyways

>> No.55944861

>>55944540
ROSE is traceable and they always remind everyone how they applied 'privacy' as gimmick.