/biz/ - Business & Finance

kek baggies

he's probably right
also terrible chart

Bitcoin maxis seething at any crypto is the best bullish indicator of that project.

we've all seen shitter coins for 10x higher in half the time of kaspa

>>58760653
some seem to hate it very much and others are quite interested, for instance MARA is diversifying in kaspa, I'm wondering if people behaved similarly when ethereum launched

>>58760672
Interesting, I've noticed they act as if eth and xmr don't exist

>>58760649
Bullish

Kaspa is garbage
Latest vaporware ghost chain claiming to be the next big thing. Dime a dozen dogshit, many such cases.
Their baggies are delusional

>>58761069
>>58761069
I'm pretty deluded yeah but Kaspa is the only other coin Marathon has mined that isn't Bitcoin, surely that means something

>>58760649
thats using words he doesnt understand, kaspa is just an alt l1, mc gains dont mean anything to its continued existence and they arent even that strange to crypto
also luna implosion was a mess of stablecoins backing something that just cant happen to kaspa
so this is when real people twitter users get paid to fud then
strange seeing it in real time

>>58761098
>that isn't Bitcoin
That thing is literally Bitcoin but with faster blocks and no fees

>>58761187
this "kaspa" doesnt even have own app or client, kys larper

the company behind it is "andromeda software srl"
some romanian company with woman as owner, not shady at all, kys

https://www.romanian-companies.eu/andromeda-software-srl-35138503/

>>58761220
https://apps.apple.com/us/app/kaspium/id1671845538?platform=iphone

Information
Seller
Andromeda Software SRL-D

well its a scam basically, kaspa does not fix the trilemma

>>58761098
marathon is fucked, see rex finance video

Kaspa hasn't even had a major bullrun yet lmao
How could it? There's no major exchanges hosting it
21k kaspa and rising

>VC scam holds an ICO with no product and then launch the token with a billion dollar market cap
Maxipads: nothing to see here
>no pre-mine or ICO coin organically goes from spec mining phase to multi billion dollar phase as people gradually find out its revolutionary design
Maxipads: NOOOOO THIS IS LE BAD!!!!!

Maxipads can't handle the fact that they simply bought a high risk speculative asset cheap out of sheer luck so they invent these delusional rules of how crypto "should" be. They are further deranged that their product with an inherent value of 0 won't go from 1 trillion to 100 trillion anytime soon despite their psychotic rambling so they violently cope and seethe when they find something that has way better return potential than their dead shitcoin
>>58760683
Yes

>>58760649
BTC maximalists are seething about kaspa because they know it's the first coin ever that threatens to steal market share from BTC by being undeniably superior to it, the only arguments maximalists have are emotional arguments and that makes them frustrated
>58760653
>terrible chart
It's an amazing chart showing that kaspa has been the best store of value on the market so far and I guarantee looks better than any coin in your portfolio

>>58761220
Dumbass turd worlder, that's an iOD wallet that was not developed by the core kaspa team. Any random person can develop a wallet for kaspa, it doesnt mean they made kaspa itself lmao fucking retard. Learn English better so you can pick up on this stuff.

>>58761069
Please give me the name of just one project (that isn't BTC) that's better than kaspa.
Don't bother if you're just going to post preallocated proof of stake coins which share nothing in common with the bitcoin ethos.

>>58761215
Wdym schizo

>>58761351
KASPA coin is very bigly threat to Bitcoin soon all de ppls in de world will using KASPA coin and BTC will go to zero !

BULLS TIME ! MY LAMBO WILL BE RED

>>58761382
>Please give me the name of just one project (that isn't BTC) that's better than kaspa.
>Don't bother if you're just going to post preallocated proof of stake coins which share nothing in common with the bitcoin ethos.
LMAO

>>58760649
Sending FUN after the most bullish AMA I have been able to listen to recently

>>58761475
KEK looks like you can't do it.
Kaspa is decentralized digital MONEY and your preallocated scam token is not. Your shit might as well not even be a crypto. Simple as.

>>58761498
>KEK looks like you can't do it.
>Kaspa is decentralized digital MONEY and your preallocated scam token is not. Your shit might as well not even be a crypto. Simple as

>>58761471
The same people who screech about kaspa pumping too much are also the same ones saying it's a nothing burger with no significance to the crypto market lmao.
Top 25 without a single tier 1 exchange.
Kaspa IS different. You're just butthurt and salty that you didn't buy it a year ago like me. But you know it's different than the rest of the altcoins, which is why you focus on it specifically. You know it's not going to just go away like the rest, and that upsets you doesn't it

>>58761506
I accept your concession. Kaspa is better than literally any coin you can name. You can't even attempt to name a single gle ticker that's better. And yet you wondered so many people buy KAS. You're such a loser.

I read that kaspa failed something recently that rxd launched successfully and that rxd is superior but just doesn't have the marketing around it yet, you will have to go into their discord for details, I wasn't paying much attention

>>58761524
>I accept your concession. Kaspa is better than literally any coin you can name. You can't even attempt to name a single gle ticker that's better. And yet you wondered so many people buy KAS. You're such a loser.

>>58761551
>rxd
Yeah bro check out all the stupid people who were accidentally dumping it since May '23

>>58761594
If it's got better tech then it's got better tech, kaspa won't be able to hold rxd down forever. It's not really one of my plays anyway so I don't care that much but it is interesting to see some of the levels of fud against it

>>58761619
>fud
Dude look at that chart. There is no way it's doing any more than a 2x from ATH by the end of next year and even that's insanely optimistic. It's literally just a bcash fork with a slightly different hashing algorithm

>>58761146
>L1
I'm going to start doing DCA on that kaspa shit. I've been reading about this here since 0.03. I didn't buy it thinking it was top and a kaspa fraud. But studying this shit more, I'm sure this will blow up during the 2025 bull run.

>>58761498
>decentralized
in the end, no
fuck their archival nodes

Algorand already did this trillema thing years ago + has smart contracts and higher TPS than this shit. It's a grift for noobs and pajeets echochamber. such a gay name means no one in reality will use it

>>58761498
are you delusional?

>>58761506
i'm just so tired of kaspa fudders, what a fucking shitshow, imma play some my pet hooligan while i finish daytrading

>>58761644
The network doesn't use archival nodes as sources of truth. Every single archival node could go offline right now and it would have zero effect on the health of the network.
That's why Kaspa has inherent value. The technology allows you to have a secure, decentralized, trustless ledger that doesn't grow in size regardless of how much it gets used. That's extremely powerful.
>>58761894
If you think Algorand "solves the trilemma", then you don't know what the trilemma is to begin with. Proof of stake inherently weakens decentralization. Nano, Algorand, AVAX etc. all achieve fast speeds by going proof of stake, meaning they don't solve the trilemma because they sacrificed decentralization to achieve scale. Kaspa is the only one that really solves the trilemma because it does it using proof of work and without changing the security/decentralization properties of the Bitcoin consensus model.

>>58761913
it doesnt solve shit, this is just a different spin on the same bs these projects do as the VCS laugh their way to the bank behind the scenes. Go buy another $30k mining rig

>>58761945
Yeah it does, I've read the whitepaper and so I know exactly how it solves the trilemma using a generalized Nakamoto consensus algorithm so you're not going to anyone otherwise using non-arguments. It addresses and solves BTC's scalability issues while keeping the important fundamentals intact. You guys couldn't do it without completely changing how the consensus works and deviating from proof of work.
>VCs
Kaspa was fair launched without a premine or preallocation so there are no VCs who got coins for free. You guys know this is a point in Kaspa's favor which makes it look better than your projects, which is why you make up bullshit conspiracy theories about Kaspa's launch - people literally can't cope with the fact that Kaspa exists to make their projects look like dogshit in comparison

>>58760649
arent the founders israeli or something? im good. israeli startups are known for being rugpulls

>>58761351
Kaspa will never displace BTC because its branding sucks. Bitcoin is a brand and that's why people continue to buy it.

>>58760649
this could be the short opportunity of this cycle, but finding the right entry may be tough

>>58761960
They literally admit to speed mining it with $8m of VC funds on their website. 60% of the supply was mined in like 5 months

>>58762029
When this is the caliber of FUD you're dealing with then you know you're holding a gem.
The only argument that people have against KAS is literally just "its not bitcoin, therefore it's bad".
That's a losing argument. Imagine thinking the next 10 years of technological evolution is going to be bound to that.

>>58762082
Both of those are provably false.
>VC mining
It was a fair launch, they didn't mine before anyone else had the opportunity to. They did it alongside hundreds of other non-insiders
>60%
That's not even close to the right number. When you guys make shit up like this it just makes u look dumb

>>58762095
Just checked, the exact figures are 12b in 10 months which is 50% of the current supply. Just because anyone of a couple hundred people in their discord could have mined it at that time against a VC renting cloud GPUs doesn't mean it was fair launched. Anyone asking how many coins the project owns
>it's none of your business!! reeee!!

>>58762145
DAGlabs mined 5% of the total supply after launch, which is less than Satoshi mined on Bitcoin. (You can find this on the kaspa.org website)
The fast emissions schedule actually makes perfect sense when you think about it.
It was chosen in anticipation that ASICs would eventually be developed and big miners would eventually start mining KAS. They wanted at least 60% of the supply to be mined before that happened.
That's exactly what ended up happening. Kaspa was launched in 2021, and by mid-2023, there were ASICs, and Marathon (the largest BTC mining company) started mining it last September.
If it weren't for Kaspa's fast emissions schedule, it means that Marathon and other large mining farms would be able to capture 80% or whatever the remaining supply of Kaspa was.
But because of the fast emissions schedule, they can only capture 25% of the total supply, maximum. The rest was already distributed to people like me. Kaspa was a popular coin for a while and I was making over 20,000 KAS per month mining with my GPU rig in early 2023.

>>58760649
>0.17
damn I care

>KAS fud from nobody losers on twitter
love to see it

>>58762209
he's a buttcoin maximalist influencer with 75k followers so he's just making more people aware of KAS

>>58761551
Yeah a bunch of other worthless projects are trying to take advantage of the current difficulty with KRC20 minting by implying Kaspa mainnet is somehow a failure, you should probably actually dyor before you fall for smoothbrain fud as though it's secret alpha

>>58762008
The entire team is tiny hats. All these people do is rug pull. Whether it's an exchange they are running (hacking) or a crypto they launched, just wait for the rug.

>>58762238
>2 more weeks!!
okay retard

>>58762092
>When this is the caliber of FUD you're dealing with then you know you're holding a gem.
>The only argument that people have against KAS is literally just "its not bitcoin, therefore it's bad".
>That's a losing argument. Imagine thinking the next 10 years of technological evolution is going to be bound to that.
No you're just making the same mistake as millions of other baggies whose next gen tech token was going to see mass adoption in 2 weeks and totally not get eclipsed by dog shitcoins.

>>58762351
Kas has performed better than dog shitcoins look at the chart retard

>>58762082

>>58762353
>t. can't read
I was alluding to last bull run, dumbass. Your tech doesn't matter. The biggest gainers will be total shitcoins and DOGE itself will 10x at minimum while KAS gets a 2x or worse.

>>58762366
How exactly will DOGE to a 10x when it is a pitiful 2x from the cycle bottom you dumb buffoon. DOGE is dead as a door nail you should have said something more believable like SHIB.

>>58762379
Do* and also look at KAS hashrate compared to DOGE lmao the fact that you mentioned DOGE should throw out any arguments you just made. Anyone holding DOGE missed out on the first noticeable alt rally

>>58762379
>>58762385
Cope. Your jewish scam coin is going to be outperformed by DOGE. Normies don't buy tech, simple as.

>>58762379
dumb animal

>>58762405
>>58762401
Ouch struck a nerve? Your precious memecoin is only 2x from the bottom you got outperformed by ICP from the bottom you fucking retards

>>58762408
you didnt strike shit just wanted to let you know you're retarded

>>58762409
Oh yeah I'm the retard for not holding the worst performing memecoin ahahaha get fucked

>>58762401
Normies will FOMO into KAS when it pumps again, and normies want a bitcoin 2.0 since they feel like they missed out on the first one. Kaspa can actually capture that narrative, just watch faggot this will be $100B market cap by the end of 2025 guaranteed

>>58762405
Exactly
>>58762408
I honestly don't care about KAS, I might even buy a bag for my memefolio since it is a meme, after all. I'm just letting you know it's a shit meme and will be outperformed by a heckin doggerino like all the other bitcoin and ethereum "killers".
>>58762418
See above. Normies don't give a shit, they barely care about bitcoin so they don't need a "bitcoin 2.0" kek. You sound like a future baggie to me desu. I've seen this all before.

>>58762482
>Normies don't give a shit, they barely care about bitcoin
Okay so what you're saying is that an asset can reach over $1.2T in market cap, #1 in the whole crypto market while normies barely care about it at all? So it got that value just based on its inherent properties? If that's the case then Kaspa will succeed for sure, because it does everything that Bitcoin does except better and faster

>>58762484
Believe what you want but bitcorn is institutional now and they don't need anything else. KAS token not needed, sorry baggie.

>>58762490
>they don't need anything else
They could save a lot of money and time by using something cheaper and faster, in fact it's retarded to think that the world would choose to use a less efficient solution long-term just because reasons

>>58762493
A $100 fee to send billions of dollars is nothing to them. Poorfags being too poor to use BTC is not a good enough reason for KAS to take over. Same reason ETH will not be dethroned either.

>>58762494
BTC was worth over $1T before it went institutional, just based on the decentralized store of value use case.
Once it goes institutional and becomes too prohibitive for normies to use, kaspa will have an even stronger case for being bitcoin 2.0 than it already does. An accessible version of bitcoin that can actually be used by the world. You're so naive if you think that kind of asset is going to cap out at $4 billion. Kaspa is nowhere close to its top and it will have another leg up soon to $0.30-0.50

>>58762490
>Believe what you want but bitcorn is institutional now
Marathon Digital has been mining Kaspa since last year....
Marathon biggest shareholder = BLACK ROCK!!
INSTITUTIONS will front run kaspa while normies buy in at the top as usual!

>>58761362
ad hominem much? they link that app on their website kaspa.org

>>58760649
He may be raging because he missed the train.

Coinbase, Binance, and other top tier exchanges have not and will not list this piece of shit because they know it's a vc scam with a huge pre-mine. It's common knowledge in the industry. I don't expect biz plebs to know about it though. The vc scammers astroturfed a marketing campaign on social media with paid kols/ influencers to build an artificial community of baggies. Gullible Kaspa retards think they are special. They are marks, exit liquidity. This same playbook happens every cycle

>>58763619
So when will it all dump been waiting for an entry since September of last year

>>58763619
> Gullible Kaspa retards
Marathon mines BTC and this.

>>58763619
Binance lists Kaspa futures and is on the board of the Kaspa Ecosystem Foundation so it's kind of weird that they would willingly choose to associate themselves with a "scam". You just don't know what you're talking about as usual

>>58763574
kek, he fails to realize so many things with that post

1 that BTC was once a 2.7B mcap too and still got this big
2 that people were saying the same about BTC vs gold then and missed a massive opportunity

>>58763765
Every single BTC maximalist is the kind of person who wouldn't have invested in btc before 2016. In fact many of these same boomers are on record calling BTC a scam before it became established and popular.
People like that are always going to be behind on the next big thing. Hell, the fact that BTC maximalists are mostly literal boomers really says it all!! Those grandpa's are going go be left behind while society/technology advances without them but at least soon bitcoin will be the currency of choice for every nursing home!

>>58761382
That's the point retard. There is no second best project, only BTC.
>>58761351
Yawn, we've heard this millions of times. You weren't here for le ebin ETH flippening that never happened. Every other shitcoin just piggybacks off BTC's success and tries to solve a non issue. Kaspa will fade into obscurity like all others.
>>58761316
>strawman
Every maxi thinks Ethereum is a Piece of Shit coin.
>>58761301
The past two years has been its bullrun.
>>58761187
>IT'S BTC BUT LE BETTER
Solana is Ethereum but faster. Ethereum is Bitcoin but faster. Every other shitcoin tries to be BTC "but faster" as if Bitcoin needs to be any faster. Money scales in layers. Bitcoin is on its way to being the global settlement layer competing with FedWire (and it's faster than FedWire). Just like how Paypal/Venmo/Visa is a layer on top of FedWire that allows faster transactions, Lightning/Aqua and CEXes are layers on top of BTC that allow faster transactions.
>>58761033
Why should anyone bother with run of the mill shitcoins that pop up then fade into obscurity?>>58760672
>THEY'RE IGNORING US BUT ALSO THEY'RE SEETHING AT US
Nobody thinks about you.
>>58762361
>Trusting israeli jews

>>58763817
>Solana is Ethereum but faster. Ethereum is Bitcoin but faster.
Ethereum is fundamentally very dissimilar to Bitcoin.
Kaspa is fundamentally very similar to Bitcoin. The only advantage Bitcoin has is that it came first. It has literally no other value proposition over kaspa except for that. Bitcoin's lack of scalability is going to become more of an issue going forward, the fees are going to become higher and it's going to take longer to confirm transactions. There will be an incentive for people to move away from bitcoin towards something else. Besides, most people only care about bitcoin as a store of value/"number go up" generator, anyway, and Kaspa is better at that, too. It's been outperforming Bitcoin since launch, which is really remarkable for an altcoin.

Bitcoin maximalists are panicking and they do think about Kaspa more than other coins because Kaspa is the first coin ever that does everything Bitcoin does, better than Bitcoin does, without any obvious drawbacks. Before, with other projects, Bitcoin maximalists could simply point to the drawbacks and use those to justify why they could never have comparable value to BTC. They can't do that with kaspa. All they have against kaspa is weak, vague "immaculate conception" arguments and other emotional arguments that will not hold up long term in a world that's guided by economic/technological incentives rather than your emotions.

>>58763807
You have zero idea about bitcoin or the people who support it. Bitcoin is a one of a kind asset. Nothing can replicate it now that people are aware of cryptocurrencies existence. Bitcoin was a discovery not an invention. After it has been discovered, every other coin tried to replicate it but you cannot replicate immaculate conception since everyone knows about the profit incentives of it. When Satoshi departed from the project, BTC didn't have any monetary value whatsoever for the following few years. Compare it to the Kaspa people who had major incentives to heavily mine it now that cryptocurrency has been discovered.
Ignorance of this entire asset class is required for an asset like this. Now that it's in the public's awareness, it won't be able to be replicated ever again.
There is no second best crypto. Buy and hodl BTC.

>>58763844
The solution to the trilemma was a discovery that allowed for the invention of the perfect monetary system. Bitcoin didn't make that discovery, Kaspa did. That discovery has value. Bitcoin maximalists are going to miss out on it because they're dogmatic, religious thinkers. Technology disrupts and the world is going to keep changing whether you like it or not. It's really no surprise that most bitcoiners now are boomers like he said, permanently stuck in the past and closed minded to new advancements

>>58763836
Money scales in layers. You need the finality Bitcoin offers on the base layer. You need the speed and reversibility that Layer2's provide for daily transactions. You wouldn't use a wire transfer to buy starbucks latte would you?
Only midwits bring up concerns about BTC's scalability. You fundamentally don't understand how money works.

>>58763855
There is no solution to the trilemma and Kaspa sacrificed security and decentralization for scalability on the base layer. You don't need scalability on the base layer, that is the role of layer twos and layer threes.
Like I said, you don't use FedWire to wire starbucks the money for your latte. Visa uses it to settle transactions between Starbucks and itself after a month. Kaspa blockchain increases by 100GB per day, every single day. Imagine the size if it ever got to Bitcoin's usage (it won't).
You buying into Kaspa, is like retards buying into penny stocks thinking they will become the next Apple or Microsoft. Years from now you will realize that all you had to do was buy and hold BTC. You complicated it for yourself and you lost precious sats in the meantime. Screencap this and look at it in 5 years.

>>58763860
Bitcoin can't scale on the layer 2, and the fact that gold couldn't "scale" on the base layer is the root reason why the previous monetary system failed, leading people to trade paper gold IOUs gold-back fiat instead of the bearer asset itself, which was eventually replaced by fiat currency which led to inflation, and you basically want to repeat that process with bitcoin. There's no advantage to using bitcoin over gold if nobody trades the bearer asset and everybody trades paper abstractions of it instead.
Bitcoin can't even scale enough to support layer 2s globally. It would take a decade for 2 billion people to get onboarded to Lightning. Minimum. And the creators of Lightning themselves admit that Lightning has problems and CANNOT work with 10 MB blocks! The creators of Lightning themselves admit that Bitcoin needs more throughput on the base layer in order for Lightning to work properly. Bitcoin is unsustainable long term and can't continue to work in the future without being changed.

>>58763874
>There is no solution to the trilemma and Kaspa sacrificed security and decentralization for scalability on the base layer
It actually did not do this. People who recognize this will be rewarded for seeing the value early and people like you will buy our bags later after you realize you were wrong

>>58763817
>Bitcoin is on its way to being the global settlement layer
Bitcoin can do at max like 450k or 500k settlements per day.
Thats not a lot nigga the global economy of the future will demand more settlements than that in 10 minutes.. just think about it

>>58763879
It did. Kaspa's market cap is propped up to billions by masses of people who think are super early to the next BTC, like you. The only next BTC is BTC. BTC when it absorbs into the market cap of Bonds, Equities, Real Estate, Gold and others.
You can keep trying to reinvent the wheel but the wheel has been discovered already.
>>58763875
Bitcoin literally can scale on the layer twos and already does and I use the Lightning network regularly. Bitcoin scales on layer threes like Coinbase wallet too. Bitcoin scales on layer fours tapping into tradfi via the ETFs too. Lightning network provides the properties of a bearer asset while still being scalable. You're fud is weak and wouldn't have worked even in 2017. This is the problem with altcoin penny stock retards. They constantly try to invent a problem with BTC to prop up their own bags of shitcoins. Good luck with your scalable base layer. If it had even one tenth of the usage of Bitcoin, only supercomputers would be able to run a full archival node. Fortunately it won't get to that point before fading away.

>>58760649

Literally who.

>>58763904
Bitcoin did 735k transactions on average per day just this week. FedWire averages around 700k to 800k. It's not a matter of if it's a matter of when.

>>58763817
>Solana is Ethereum but faster. Ethereum is Bitcoin but faster.
Solana is not proof of work, neither Ethereum (except Ethereum classic), making a fast system using proof of stake is something trivial and there's plenty of PoS coins with almost instant settlement... There's only one PoW coin with almost instant settlement

Darn bitcoiners sound even more like they're in a cult than the average shitcoiner

>>58763988
Kaspa is just instant Bitcoin with 9 month cycles, mined by MARA (since ONLY last winter). Why do they act this way, Bitcoin isn't going anywhere

>>58760653
how the fuck is it a terrible chart
it went up in the october bullrun, and stayed up, and then went up again as btc dumped

its the best looking chart you nigger

>>58761913
>The network doesn't use archival nodes as sources of truth. Every single archival node could go offline right now and it would have zero effect on the health of the network.
>That's why Kaspa has inherent value. The technology allows you to have a secure, decentralized, trustless ledger that doesn't grow in size regardless of how much it gets used. That's extremely powerful.
Isn't this just MINA?

>>58764850
95% of people on CT who talk in this prophetic all knowing way are fucking retards who's singular insight was buying btc/eth early, you can't learn anything from them except how not to be intellectually dishonest

>>58763912
>Bitcoin scales on layer threes like Coinbase wallet too
I cannot believe what I am reading

>>58763912
>It did.
No it didn't. If you're going to claim that Kaspa sacrifices security and decentralization then show us how. The truth is that it doesn't - it provides a real, effective trilemma solution and Bitcoiners know that that is the only thing that can possibly threaten the dominance of Bitcoin, hence why maxis are freaking out about it.

>>58763912
>If it had even one tenth of the usage of Bitcoin, only supercomputers would be able to run a full archival node.
This is just a weird argument all you need is common sense to debunk it. If Bitcoin can handle 1/10th of Bitcoin's usage without a supercomuter then why would Kaspa need a supercomputer for that?
This guy synced a TN11 node on his smartphone... TN11 is running at 10 blocks per second and being spammed with tens of billions of test transactions in order to measure what the actual node requirements are, and it turns out they're so low that any 3rd worlder with a smartphone can run their own Kaspa node because it's designed so efficiently

>>58760649
kaspa scam

>>58761316
> Maxipads
Cope.

>>58763619
this, its boring at this point, scammerfags should find new hobby

>>58763624

>This bubble is gonna pop!!!
Upwards

wouldn't the darknet use Bitcoin over Monero if this was the case

>>58760649
he's mad because he missed it