/biz/ - Business & Finance

You better buy before $250

>>5718704
Dude. Think about it logically. The common populace if they were to use crypto currency would always prefer the currency that has instand and feeless transactions. Raiblocks is the only currency right now that is actually working and offers that.

Considering the huge boom of crypto in 2017 and the technological superiority of Raiblocks, this coin could easily go into the 1000$ territory.

Why would you post a title like this, made me panic and check my portfolio.

>>5718995
Exactly. Transfering 15BTCs from exchange will cost you quite a bit using any coin to do it. Not only money but time. Use XRB its literally there in a second without a single cent od cost.
Thank you Anon who shilled it here when it was 9$. Thought I was buying ath now literally tripled m investment.

>>5718995
dont forget MAXIMUM SUPPLY OF 133MILLION XRB
you need 133 xrb to have the equivalent of the 21 btc club

look at dash absolute shitcoin but has low supply so its worth 1k
we all gonna be filthy rich

>>5718995
>feeless transactions

how does it actually work?

That's it boizzz I'm selling my litecoin to get xrbb

Current XRB exchanges are shit.

https://www.binance.com/vote.html

Got like 3 days to vote

how long does bitgrail take to show my ETH deposit?

how high do you see this Q2

>>5719316
~$40 at most

>>5719316
$300-500 easily

it will be $100 in 2-3 weeks

>>5719362
No way, that will mean I’ll have made it

>>5719362
shut up retard

>>5719362
i donno about 100 in 3 weeks, maybe EOY2018

>>5719071
Read the whitepaper:
https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf

>>5719400

anyone that puts 5-10k in the next 24 hours is going to make it. we are very close to the cutoff point of making it and just making some nice money

>>5719047

I have 114 XRB (bought in at 15 USD)

What does the 21 btc club mean?
Am I going to be rich?
It's been doing really well but I am thinking of cashing out the 1 ETH that I put in and put it into REQ as well, keep my profits in XRB but be on two moon missions at the same time

thoughts?

>>5719491
nice meme. so you don't know either?

>>5719526
Seriously. Stop being a Brainlet for once an read the first few paragraphs of the whitepaper.

" Each user has their own blockchain, allowing them
to update it asynchronously to the rest of the network, resulting
in fast transactions with minimal overhead. Transactions keeps
track of account balances rather than transaction amounts,
allowing aggressive database pruning without compromising
security. "

>>5719041
what did the thread say exactly?

>>5719264
What the fuck is XP?

>>5719640
pajeet scam

>>5719518
21 btc club= theres only 1 million people that can own 21 btc
its a meme club you get by dividing a coins supply/1MM

>>5719640
some shitcoin, I forgot where I saw it but apparently they plan to flood the votes last second to win the vote since people won't bother voting for XRB if they see it ahead.

>>5719581
If it's truly feeless, what stops people from creating thousands of tx/s and slowing the network?

>>5719679
>Tfw at most only 27k people on the planet can have as many XRB as me.

>>5719362
lmao nope. Almost as delusional as vergies, definitely as delusional as linkies

>>5719518
21 club in btc means no more than a million people can have as much btc as you.
XRB's club is at the 133 mark i guess.

>>5719753
Nothing, devs admit that that's currently a flaw. Which to me is a positive sign because lots of devs act like things are perfectly fine until a crypto's vulnerability is exposed.

>>5719753

It's a DAG. You have to personally work two transactions before anyone will confirm yours. Similar to IOTA, except IOTA hasn't fully figured out how to do transactions yet, leading to an inefficient network.

holy shit this was up for 5 seconds on their website

>>5720064
thanks just sold 100k

>>5719934
Yes and No.

It is a DAG, but to send a transaction, you don't perform the work for two transactions. You simply do the proof of work of your transaction, and the receiver does work on their end of the same transaction.

>>5719753
Nothing, and is one of these issues "we will fix it when we're there that can completelly fuck a project"

Xrb DDoS is going to be a thing

>>5720064
You know whats awesome about Raiblocks and their way of doing this, you can see their 6 millions of XRB developer fund, every transaction, every movement of currency:

https://raiblocks.net/account/index.php?acc=xrb_1ipx847tk8o46pwxt5qjdbncjqcbwcc1rrmqnkztrfjy5k7z4imsrata9est

Eat this fudding piece of shit.

>>5719679
>>5719789

So... lambo 2018 for me?
Should I sell for 1 ETH worth and reinvest in another coin or just hold XRB?

>>5719844
So they haven't solved the major issue of cryptocurrencies? IOTA also has zero fees and instant transactions on top of smart contract functionality next year and IoT.

>>5720230
I can't use XRB to buy drugs safely garbage coin!

Time to support PIVX and XMR so I can shoot 20000 dollars worth of meth into my veins like a proper crypto royalty.

Come back to crypto currency when you aren't a poor 13 year old XRBIGGER

>>5718704
I'd say it'll keep mooning all the way till it hits Binance. Their tech, as legendary as may be, is hard to integrate and should take roughly 3-4 weeks

1, 5, 10, 15... now 24. I Fomo'ed hard and didn't listen to nay-sayers and baught at 18. Might wanna get it because 50 is right around the corner.

>>5720237
If I were you I would sleep better with xlm for the same potential, but is up to you

before you do that, you should not make the same mistake i did, bitgrail daily withdrawal limit is 0.5!!!! so ur money will be stuck paying evey day daily fees by withdrawaing 0.5btc daily, unless u get verified by sending documents which i already did 20 fking days ago with no response!

>>5720401
>every day daily fees
What do you mean by this? Bullshit

>>5719934
Bullshit.

In RaiBlocks you dont need to "confirm 2 other". Take your piece of shit iota to belarus and stick it up CfBs ass.

>>5720401
These exchanges are a complete mess.

>>5720340
tfw bought at 16, was late to the party but still happy. cant wait for this shit on binance.

>>5720425
I have 40 ethereums, I cant exchange my ETH to BTC since the orderbook there is a fucking joke, i'll lose so much money doing that, I have to withdraw 9 ethereums daily thats 0.05 ethereums every fucking day u pajeet

>>5719934
you only do the proof of work for your transactions not other peoples, if there a problem detected, it is sent out to then be analyzed by others or some shit. but it isnt a 2 for 1 like IOTA

>>5720401
>>5720448
>>5720425
Register on Kucoin (invite code: 1t3ha).
They will add XRB very soon and they don't have bullshit limits.
Also you can buy their Token and earn a share of the transaction fees every day.

I wish i never sent money to that cancer exchange, they keep ignoring my messages I've been withdrawing since 3 days now i paid 0.15 eth

>>5720491
tfw bought at 9 but only had 750$ to put on

>>5720499
Lol

Get cucked. Why would you send ETH instead of Bitcoin when you buy XRB with BTC???

>b-but I save $30 in transfer fees
Should have checked the ETH to BTC exchange rate before sending you brainlet.

This is natural selection at its finest

>>5720637
My money was on Kukoin, trading ETH BTC there before sending to bitgrail is also a joke, besides i like to accumulate ETH instead of BTC, its just that bitcancergrail takes 0.05 ETH for the withdrawal fee not a single exchange takes that much greedy ass mfkers

>>5719785
>definitely as delusional as linkies
nothing wrong with this.

>>5719518
Are you me anon?

I literally have 114 exactly as well. Bought at $6 and then $8. Been staring at the price in disbelief since then wishing I had bought moar

fucking captchas, man... join the chat here, big pump in 2 days discord.gg/vGh73

>>5719047
Mfw 14000 am i going to make it?

>>5720890

I am not you, but I hope we'll both do great in 2018 anon

Congratulations to us

>Want to buy XRB
>12 hours pending deposit into bitfail
>Eth address listed different than the first one generated
>Eth probably lost forever.


feelsbadman.jpg

>>5722485
>mfw I just sent $5k OF ETH to this shitty exchange to try to FOMO XRB
I should kms on multiple levels

>>5718995
source on that porn pls

>>5722892

We're not going to make it.

>>5722892
It's not fomo

This coin only has 3billion marketcap...

>>5722485
any pending deposit?

My BTC is in pending still, which is to be expected.

>>5718704Guys can somebody with a brianed explain to me how Raibitcoins can go onto binance if there are no coins left available?

>>5723084
>people send their coins to binance
>they get to set the price
>people buy at what price they think is acceptable.

>>5718704
I brought 20 of these at 11$

Am I going to make it?

>>5722892
That was me last night buying

>>5719753
Literally absolutely nothing and there's no easy way to fix that. It's also prone to eventually consistent behavior under high network load. Expect someone to attack the network with a botnet and short the coin extremely hard at some point.

>>5720064
IT WAS AN ONLINE EXCELSHEET AFTER ALL

>>5723126
Don't touch them until it's listed on binance.

>>5722892
You're gonna have a lot more ETH than what you sent in a few weeks.

>>5718704
>tfw have been wanting to put money in since it was at $4
>research it and watch the price rise every day
>once i got paid it was already at $20
Could've been thousands of dollars richer if I didn't spend my money on stupid shit early December

>>5723286
It's not too late for 2x. Don't chicken out.

We are getting binance and then the money is coming in. If I wasn't in raiblocks until today then I guarantee you a lot of people weren't either and won't be until binance.

>>5723276
I was asking whether I had enough (I don't).

>>5719785
LINK is at least feasible. If this really could work at scale then satoshi would have done it. He chose network security over transaction speed and cost. Look into the CAP theorem for some proof that this shit will fall over.

>>5723054

Nothing listed for pending. The transaction is now 12 hours old with thousands of block confirmations.

>>5723286
exact same as you brother, difference is i had the funds. I just fucking watched and kept saying "theres no FUCKING way its going to keep going up at this rate", and day after day it did. Gave up at $21 and went all in. Already mooning again it seems btw

>>5723339
What price did you buy at, and will you immediately dump when it is on Binance or will you wait and see where it is going more long term for 2018?

>>5723409
>he isn’t holding XRB for all of 2018
I’m cashing out 1k of them when it hits $100 (which will be soon). Holding the other 4K for all of 2018 at least.

>>5723000
>>5723034
>>5723164
>>5723280
Here's hoping lads

>>5723408
To be fair, who could have seen this coming
>inb4 half a dozen lucky faggots (You) me with 7 figure portfolios
I've never seen a chart like this before, definitely not with this market cap

>>5720499
I did the same shit with litecoin...

didnt realize you can directly exchange ltc to rai

you can also exchange eth to rai so maybe try that

Every crypto gets bitch-slapped at 2xx. Bitcoin got bitchslapped at $20k, Ripple got bitchslapped at 20k BTC, XRB getting bitch slapped now.

my god
i bought just 2 when the were like 9 usd, i wish i could afford a little more rn

>>5724055
2? Aren't you only able to buy 10 minimum?

>>5724191
i do have 2. i admit im just a new fag, but had faith in this coin

AAAAH YOU RETARDS YOU NEED TO SEND BTC TO BITGRAIL

best way to buy it send $1k+ in BTC. you get fucked on the conversion exchanges, dont send small amounts otherwise you get fucked on the % fee from high btc fee

https://www.binance.com/vote.html

FML bought .5 yes that's correct half a fucking xrb because I didn't think anything would happen. Was like $6

>>5720545
this rumour was what made me buy XRB at 6. Now it's still not on kucoin but.. it's okay :-)

>>5724472
Fuckin RIP

We can’t stop winning can we?

>>5724786
gtfo!!!!!!!!!!!!!!!!!!

>>5725027

>>5719640
Japanese shit coin

>>5724786
he has a point, these are the two ultimate hodl coins for making it in 2018, theres a third but I'm not telling anyone what it is yet

>>5718704
Where can I buy XRB with USD?

Pls answer I'm a noob at all this.
(non US resident)

FUCK i'm fomo'ing hard

should send all of my 0.65 BTC to bitgrail?

i saw this shilled here at fucking $0.10 and almost bought but it looked like a pajeet coin

>>5725255
send half faggot
do it
get rich
nigger

How the fuck will I be able to withdraw from bitgrail if I only have 4 XRB?

>>5725331
dude, im in the same boat, i have only 2 xD

>>5725331
I'll send 6 and then you give me back 6.1, what you think?

>>5725331
>>5725401
buy more obviously

What crash? It's 190300 sat. Like ATH.
People you don't understand, this project is going to replace BTC and ETH. It's not your fucking pump'n'dump.

>>5725457

It's not replacing ETH, wtf are you smoking. Unless Colin somehow breaks out his space wizard god-tier computer magic and implements smart contracts.

But it has the potential to be the BTC killer.

>>5725331
>>5725401
Sorry, you are stuck there for ever, you literally can't cash out.

>>5725457
>to replace BTC and ETH
I'm a XRB holder, but do you know that ETH wasn't created to be a currency right?

>>5725457
RAI is replacing BTC
IOTA is replacing ETH

>>5725533
>>5725678
Yeah, it kinda makes sense. Both are literally next-gen replacements ready to butcher the old farts.

>>5725502
r u srs?

>>5725766
Welp... We arrive at this point again. Where another poor soul finally realizes that crypto is a scam because you can't cash out.

You LITERALLY can't fucking cash out. Seriously, try it. You wasted all your money on internet bucks. There is no way to convert it back to fiat. All those "exchanges" that claim to deposit your money into your bank? Those are scams, the deposit never goes through. All those people saying it isn't a scam? They're shills for the scam "exchanges."

Anyone who tries to refute this post is a scammer shilling for scammy exchanges.

>>5725678
>>5725753
Correct.
RAI and IOTA are the new generation of crypto.

Fee-less and Instantaneous transactions are a must to actually get accepted by the everyday joe and thus the global market.

>>5725246
pls answer.
got 2k to burn

>>5725858

lol the sell off after the first ddos attack will be legendary. Not touching this.

>>5723637
Some of us saw it coming, I even tried to shill it at $1 after I put ~10k$ in it

>>5726020
Buy more or sell it for LTC or ETH when it hits binance and buy it back

>>5726010
You can't do that until it hits coinbase, which won't happen in the next 6-12 month.

>>5726117
Ddos attack of what? It's like ddosing torrents lol.

>>5725678
Correct that XRB is the BTC killer

IOTA is a M2M currency

SKYcoin (a privacy platform) and ADA are the ETH killers

IOTA should be looking at IoT Chain and shitting its pants,they have a working product and its gaining attention.

>>5726204

IOTA completely fucked themselves over with their huge marketing push and weakly functioning product.

>>5726126
Ok, thanks for answering.
Can you tell me - isn't buying BTC and then proceeding to buy smaller coins with BTC implies heavy transaction fees due to shitty BTC design?

Pls explain.

Is mercatox legit? cant get a deposit address on bitgrail

>>5726260
Buy ETH or LTC, they have much lower fees.

>>5726266
I don't recommend mercatox. It takes for ever to withdraw funds.

>>5726266
bitgrail

>>5726327
define forever? If it's simply hours then I'm cool with it.

>>5726301
What's platform would you suggest for a non-US citizen?
Is coinbase ok?

>>5726372
I think some people had their funds stuck for days there. Use bitgrail.

>>5719499
5k$ is too low now. You'd get 200 XRB which is very little. The equivalent to the 10k Bitcoin is the 1500$ XRB. That would be a hard target to reach in 2018, and with 200 XRB you'd only have 300k$.

I don't know how you anons define "making it", but for me it means cashing out at the very least one million.

>>5726441
I wanted to accumulate more of this shit, but god it just doesn't stop going up.

>>5723409
I'm not waiting longterm. I'm dumping at 1.5 to 2x, bought at 19k satoshi

>>5726441
you right homie i didnt do the math, its more like 50k today

>>5723878
You can but the XRBETH and XRBLTC markets are so illiquid that the exchange ratio is not very favorable. It's way smarter to deposit ETH and do ETH -> BTC -> XRB on BitGrail. However, the ETHBTC market is small as well, so if you have a considerable amount of Ether you may want to just deposit BTC and buy XRB with that.

>>5726549
You had your chance when bitgrail was glitching.

>>5724191
No, that's the withdraw lower limit.

>>5724472
Then you're just retarded. Why would you buy less than a few hundreds dollars worth of a coin?

>>5725331
>>5725401
LMAO sorry no cashing out for poor pajeets!
Your best bet is to hope it keeps climbing and that BitGrail will eventually lower the limit again.

>>5726376
As the other guy said. Buy ETH or LTC with whatever fiat pair you have at your disposal. There must be a local exchange where you can send euros and buy ETH.

Make account in bitgrail and then buy xrb

>>5719047
Nope, your blockchain will get spammed if it becomes to big of a treat and that will be the end of this shitshow.

>>5723186
This coins without fees do not work retards will have to learn the hard way.

>>5727596
>blockchain
motherfucking kek this board is full or retards

Remember OP, dont be a newfag
Allways do opposite of what /biz tells you

>>5727596
>>5727645
helo sexy open bobs for me pleas

>>5727699
Yeah that's why you shouldn't have gone all in when some random anons shilled this coin at less than a dollar...

>>5727596 haha fuck you faggot

>>5723375
Sauce on this:
>CAP theorem
Plz?

>>5727749
If enough dumbasses gush about the coin they picked for its shiny colours, someone will eventually get it right. Then they'll brag about it

>>5728085
>for its shiny colours
If you think that's all XRB has, you're retarded.
You probably didn't read anything about it.

Will I be able to buy it at what price tomorrow?

>>5719753
you have to complete a proof of work before making each transaction

>>5728462
$28

Im already in on this. Seriously this is the money maker

>>5728500
Accurate.

>>5728513
There are a few coins that are making money right now. ICON, DBC, and this one. All 3 will run for a while longer with this one running the longest until binance.

>>5720104
So your transaction will not be confirmed until the receiver comes online? That's not instant

>>5728722
The receiver can be offline and the transaction can still be confirmed.

>>5728779
How's that? Who does the proof? Or its just 'confirmed' based on the first one I suppose

TFW I got suckered into the shilling and bought at $1. I hope I make I boiz , thank you biz.

>>5728053
https://en.m.wikipedia.org/wiki/CAP_theorem
The theorum concerns databases, which a blockchain is. You can choose two between consistency (everyone knows all transactions), availability (network is available for transactions, and transactions complete in finite time) and partition tolerance (the database continues to operate despite an arbitrary number of messages being dropped, but in the case of a trustless network these can also be bad actors forging bad messages).

XRB chooses availability and consistency and ignores partition tolerance. A forger with a moderate amount of resources could attack tye network very effectively, and this will happen as long as doing so can be profitable.

>>5728845
Read the white paper. Transactions are basically pre-confirmed based on the fact that the block (account) it originated from was already confirmed to be valid. That's why it's so damn fast.

>>5729541
Wait, so is that only for sending? Because that's a huge issue if it verifies receiving that way too.

>>5729952
Seriously just read the whitepaper. It's only 7 pages long and easy to understand.

>D. Sending From an Account
>To send from an address, the address must already have an
>existing open block, and therefore a balance (Figure 5). The
>previous field contains the hash of the previous block in the
>account-chain. The destination field contains the account
>for funds to be sent to. A send block is immutable once confirmed.
>Once broadcasted to the network, funds are immediately
>deducted from the balance of the senders account and wait
>as pending until the receiving party signs a block to accept
>these funds. Pending funds should not be considered awaiting
>confirmation, as they are as good as spent from the senders
>account and the sender cannot revoke the transaction.

>E. Receiving a Transaction
>To complete a transaction, the recipient of sent funds must
>create a receive block on their own account-chain (Figure 6).
>The source field references the hash of the associated send
>transaction. Once this block is created and broadcasted, the
>accounts balance is updated and the funds have officially
>moved into their account.