/biz/ - Business & Finance

>>5939377
This coin needed shilling before, now it speaks volumes for itself, just watch it take over

Rebrand leak link: https://imgur.com/g99uKZt

XRB -> NANO. looks like it will rebrand right after the Dadi ICO ends which should be end of January. It's been confirmed. strap in boiz $1000 end of year. GTFI NOW

Current status and progression of XRB
>Price: ~0.00199 btc (-4% 24h +112% 7 days, +1903% 30 days)
>Price (USD) 31.85$ (+2% 24h +140% 7 days, +8025% 30 days)
>Marketcap 4.2B$
>24h volume 74M$

this has ANTSHARES/NEO vibes when it was $10. ETH when it was $20 BTC vibes when it was $100. you must be a dumbass if you haven't bought yet

Vulgarized description:
>Close to instant transaction time
>Completely feeless
>You create and mine your own block when you send money
>The transaction fits in a single UDP packet, is is sent to the recipient, who creates and mines his own "received" transaction
>Transaction is completed when both parties agreed it is done and it is then broadcasted to the entire blockchain network
>In case of conflict, error in transaction or attempt to double spend, transactions are "voted" by reprensentatives, who can be anyone.
>The rep vote is multiplied with his XRB owning
>The wallet is a full node. Everyone is a node.
>Intented to be a full currency for day to day usage

IM NOT FUCKING SELLING BEFORE 200$

>>5939377
>>5939709
>>5939954
>It was only listed on 2 shit exchanged until yesterday
>Bitgrail and Mercatox
>Price dipped this week because Mercatox went offline for days and then blocked withdrawals
>Bitgrail was running it's entire multimillion exchange on a single node. When the node bugged, no 2nd node could verify the errors.
>They had to manually process every transaction
>They publicly attacked Raiblocks on Twitter for the bug. Raiblocks said this bug is only possible on a huge volume running on a single node and cant happen with 2 nodes.
>They still fixed the bug but the public drama got people scared
>Price tanked
>Kucoin and Bit-Z listed XRB yesterday
>Binance confirmed for listing it next
>Price currently held back by BTC surge
>USD value still stable while everything is red

Good coverage OP, but what if it falls to 2k?

>>5939377
Buy Pascal too, similar on the surface: 0 fees and fast transfers.

On the inside it works with a mini blockchain, zcash privacy and smart contracts.

Whatever happens with XRB, PASCAL will moon. If it is a success, people will look for something similar, if not, for a superior alternative.

It's a no brainer for easy money.

Load distribution is coming, and a spam attack is definitely possible, but no one would profit from it.

>>5940432
I would wait for the STONE fork on XRB before saying PASC will dominate XRB.

Don't think the rebrand will affect it as much as people say but this coin is 100-150$ and up material even without rebrand

>>5940393
As the demand increases and the product becomes more available/well known it is close to impossible for it to dip that much. A lot of people are waiting on it to come to real exchanges because they dont trust Mercatox/Bitgrail.
>Lead dev is Colin Lemahieu. He quit his full time computer engineer position at qualcomm to work on XRB
>Bunch of new devs added
>working product
>He made interesting declarations in q42017
>He has an idea to make the concept of private keys more accessible to the masses
>They might change the name to be more appealing/less confusing
>He said he accepted all offers from exchanges but was not pushing to get listed ASAP because big changes were coming this month and we will understand why.
>Rumours are he's trying to avoid hyping the name XRB right before an entire rebrand to avoid confusion/wasting the hype

>>5940515

I dont say it will dominate.
If XRB do a x100, PASCAL will do a x50. If XRB fails, PASCAL will do a x10 (just an example)

In any case PASCAL will take advantage of the XRB hype the moment the normies learn about it

>>5940695
>All XRB got distributed through a Captcha solving faucet distribution
>It lasted for months, people could solve a captcha every hour and the reward was ditributed to every different IP that solved it.
>Since there is no mining, there is no premining.
>There are pratically no whales
>All the remaining funds were burnt. Supply will never increase.
>Total supply is 133M XRB

>>5940393
lel, that trollbox stopped at the perfect time

>>5940846
What is your definition of a whale? How many BTC of XRB must one have to be a whale? Are there really less whales relative to other coins?

$250 by end of month, 750 end of year

>>5940846
Visual reprentation of XRB speed
https://imgur.com/oRpO8lc

>>5940998
Take a look at the frontiers

https://raiblocks.net/page/frontiers.php?limit=10000

10k XRB is currently above whale status imo, aka only 300k USD

Only 700ish people are above that threshold if you account for them not having multiple frontiers open.

There's at least an anon that has a massive whale status at 187k XRB, seen the proof

so what exactly is the partnership with DADI about?

>>5941251
rumours that make my panties wet.

>>5941219
Don't forget some of these accounts are owned by the exchanges and have the total sum of many individuals

>>5941327
yes but isn't dadi like some google cloud server but decentralized? i can't see the correlation between the 2 but whatever

>>5940913
Oh i got trolled there didn't realise it was the bitgrail trollbox post

I have 30 coins. Should I buy more? Will I regret it if I don't? I'm sure I'll feel silly for saying $30 is expensive

>>5941496
u can certainly wait for the Binance dump, ppl speculate hodlers will take profits when it gets listed on Binance, however that dip might be at $40 by the time it gets listed on Binance.. u can take that risk or buy it at $100 at the end of the month

Those who missed XRB, check out ITC
Not saying ITC will destroy XRB of course, but a moon mission of similar caliber is very possible for ITC in the next few weeks

>>5941584
Since this coin was rather unknown and unaccessible most people that own it believe in the tech and probably wont dump. They also for the most part dumped on Kucoin at twice the value yesterday.

Results from the community vote

theres no way i will touch my xrb stack before $100. People are holding it tight, it barely dips

>>5941744
same, not gonna buy past 50 either.

>>5941086
Better visual.

>>5941842
ty i was looking for this

>Behavious of the last community voted coins on Binance
>XRB was round 5
>This is Lunyr, round 4

>>5941779
Then just stay poor, this will be 1000 by end of year. There's dumb money and then smart money, you can guess which one you fall under for not owning the best cryptocurrency.

3rd gen crypto technology. we will see xrb ranked 2 or 3 in a few months. just watch

>>5941997
200% erect

>>5941997
I'm sorry I got that wrong
This is round 3 and 4

>>5941997
It still got listed that time but it wasn't the vote

>>5942211
>This is the link to the rumours/leaks thread
>https://www.reddit.com/r/CryptoCurrency/comments/7nv7bq/raiblocks_is_rebranding_to_nano_heres_proof/
>DADI confirmed for partnership with XRB
>The whole rebrand to Nano or Nano xRai or RaiNano is still very unclear

XRB is a Biz coin and Biz coins always moon. soon the masses will adopt. $1000 easy, $3000 in reach if global market cap expands to $2+ tril

>>5940432
>Pascal
Lmao pump and dump scamcoin look at past price and volume history idiot

>Funds not available til the 12th.

Will I be too late bros?

>>5939377
I only recently read about this thing to learn what all the hype is about and I was sold pretty much instantly. If Bitcoin is the first computer, XRB is the transistor. I don't think this is even a hyperbolic comparison. Now that this thing isn't lost in the crowd of shitty pennycoins I think we'll see this thing go parabolic. Can't wait until my ETH clears on coinbase next week so I can get some.

>>5942353
Wtf is biz

But yeah, XRB is a /biz/coin, it's also a reddit coin, everyone just seems to love this coin.

>>5942211
>This is a realtime demo of the transaction speed (short 20s video)
>https://youtu.be/GlD-LCPVunI?t=5s

>>5942354
I highly recommend you read the whitepaper and do a little bit of research on this one before you discard it based on your expert technical analysis.

I am loaded with PASC and RAI right now, seems like the same kind of people are loading up on both. (smart people)

Any clue on what are they planning to do to avoid DDoS attacks?

>>5942431
>
ok /biz/ bitches love xrb. xrb hodlers get mad pussy

>>5942594
I have xrb too, but i seriously think this coin is going to fuck a lot of people.
DAG's are not ready, and the marketcap of this is fucking huge, when it fails the ripples are going to be felt for months

>>5942723
I doubt it can fail. But even if it does, the Binance listing is going to make it moon way before that happens. It's definitely an opportunity for traders too.

>>5942072
I'm comfy with 700+

buy it on kucoin, sign up with this invite code:
1fdMc

>>5942597
Since your wallet is a blockchain each transaction requires expending resources doing PoW.

>>5942723
This coin actually works, while most coins right now are mere projects and promises.

I'm appealed by how their team seems to understand marketing
>Make it more accessible
>Sacrifice name to make it more appealing
>No hype before they're ready. Still give out news when actual stuff is confirmed and done.

>>5941842
7000 tx per second is not much if there is no fee.

>>5939718
it's the only coin in a long time that I'm not just riding for quick gains

>>5942597
You have to do a couple of seconds of proof of work to send it. You would destroy your own computer/network 100x faster than you would clog the network. And the transactions would likely be discarded and pruned by rep vote.

>>5942838
My point?

Feeless transactions means i can send millions of pennies among wallets that I own, wasting the resources of the whole network.

>>5942893
It's a third of the entire VISA network. It can also scale higher.

>>5942978
You'll need a massive amount of hardware and electricity to do it.

>>5942978
That's not how it works. YOU mine it. You will crash your own computer. It doesn't have to be broadcasted before it is confirmed.

Also the transaction is handled directly peer to peer. No one has to verify it unless a conflict happens. Spamming would just have both your wallets do all the work and then broadcast the result. A transaction fits in a single UDP packet. Good luck with that.

>>5942984
but its still nothing when pajeets do a transaction for every minor thing.

>>5942893
>>5942978
A transaction takes like a second of POW on a high-end GPU though, good luck clogging the network with that

>>5943079
>>5942978
This is the whole reason of the "proof of work" needed to be done. It prevents spam by making it infinitely more intense on your own computer than on the network. You would not feel it with a single transaction.

>>5943075
>>5943079

My bad then, looks like I didn't understand it.

>>5943093
Name me a coin that can sustain more tx/seconds so therefore has more potential to be used as a global currency

Also nothing prevents any crypto from being used on a credit card network that handles the transactions.

Also what part of "it can scale higher in the future" do you not understand

>>5942723
The only thing that is going to fall is the ranking of any coin ahead of xrb including the ever beleaguered Bitcoin.

>>5943242
Pascal says 70000, still not near enough for a global usage (visa does less than that, but people don't pay coffee with their visa)

I got in on this shit late and it was still an incredible winner. Look at dat stable growth in the face of stupid exchanges, btc soaring and massively increasing volume.

This shit is moonining like crazy within the next few days. x3 minimum

>>5943326
Honestly I don't know about Pascal and I shall read up on it.

Did they PROVE it though?

>>5943079
>>5943098
>>5943141

Questions, if the PoW is weak enough to be done in a phone (all the wallets are full nodes, if I understand correctly) what stops me (or a concurrent bank/coin) to plug a supercomputer and fuck the nerwork?

>>5943326
I sure as hell pay everything with my credit card even a coffee. Why pay for a debit tx when you can get a reward for a CC tx. Also NFC is just more convenient and not on all debit cards

>>5943451

A single PoW won't fuck your phone up, but enough to disrupt the network would wreck any supercomputer up.

Don't get me wrong this iis the biggest concern for this type of network, but the devs are already working on solutions, and there are things in place that can prevent it, like higher minimum payments.

>>5943451
good question, there is no mobile or light wallet yet desu

>>5943451
Please just read the whitepaper before you repeat shit like this.

The transaction doesn't need the network. You will exponentially fuck any computer you use for a spam attack by doing all the mining yourself. There is no "global block". You make your own block. No one else has to process the transaction or do any work on it. It isn't like BTC where every transaction goes through every miner

Fuck daily trading with this one. Impossible ffs.

>>5943451
But you're on track the only real problem would be a spam attack towards an individual becasue they would have to process every "received" block after your "send" block. This is easily fixed by any merchant by just setting a minimum payment amount. You'll ruin yourself spamming him with money. You can also... you know... close the wallet.

>>5943613

Agreed. Buy dips never sell.

>>5943593
No FUD, but serious concern. If I got it right I understood that for being able to process your transaction you must validate n previous transactions.

A supercomputer could take over all the phones in the world. What makes your own load increase exponentially?

Do you guys think this coin will get dumped when it hits Binance?

Some are saying it will but how does that make any sense?
Why the hell would whales dump this when the opportunity for it to pump just became greater?

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

>>5941624
>https://imgur.com/g99uKZt

this was clearly manipulated and went through a PnD 2 days ago, been falling since. No idea if it's a real coin or a scam. It's less complete than IOTA and the token is a ERC20 placeholder for something that's entirely conceptual.

>>5943917
It was all time high today.

>Less complete then IOTA
>IOTA doesnt even work

>>5943897

It will dump but only temporarily. Big volume = big cash out. Biggest exchange = Biggest volume.

Once the price dumps, people will hop on the train and it'll pump to the moon.

>>5943897
Some will dump when it hits $50+ but it will recover and continue climbing

>>5943901
A malicious entity could send many unnecessary but valid
transactions between accounts under its control in an attempt
to saturate the network. With no transaction fees they are
able to continue this attack indefinitely. However, the PoW
required for each transaction limits the transaction rate the
malicious entity could generate without significantly investing
in computational resources. Even under such an attack in an
attempt to inflate the ledger, nodes that are not full historical
nodes are able to prune old transactions from their chain; this
clamps the storage usage from this type of attack for almost
all user

>>5943897
True but it would also be an excellent opportunity to dump the market, make a profit, and buy back for cheap. More liquid markers help do that. Not sure either way though

>>5943917
It's not a pump and dump. News happened, then both exchanges that had XRB crashed and people thought they lost their money. Mercatox actually lost the domain from its registrar for a while and Bitgrail went all out drama queen on twitter and threatened to delist XRB. People traded for something else to get out as XRB withdrawals were locked.

>>5944000

Checked.

"without significantly investing in computational resources" is my concern, with this market cap there are many players ready to use those resources.

>>5943985
I know a dump is imminent but some are saying that it will dump immediately when it hits the exchange which seems ludicrous to me.

What is there to gain at dumping at it's current price when it hits Binance?
Unless they mean they're dumping after the Binance pump which means getting in now would still be a good time right?

>>5944059
Everything binance lists moons. That never happened unless the coin was abandonned shit.

I just think the fact that it's feeless and instant is going to get normies to use it. They will never understand the miner fee.

Setting up gas limit and price on ERC20 is the least user friendly thing ever

Having to use a tag on top of addresses with ripple or monero otherwise you just lose your money forever is a real joke to people. They would never use it day to day.

>>5943979
no it wasn't, that was 2 days ago.

>>5944166
"even if it happened it blocks can be pruned to protect the network except full historical nodes"

>>5939640
>https://imgur.com/g99uKZt

Lol I found this. My first internet shitstorm. So proud of myself

>>5939377
scamcoin

I am still holding, but the retardedly high market cap really makes me think about how much higher it can go

I am reading this thread while sending Bitcoin and it's so loonnnggg.

FFS I just want XRB to replace this fucking shitcoin.

>>5944269
Oh yeah, forgot proof. I downloaded the entire nano site before it was shut down. here's a never seen before screencap.

>>5944378
IOTA levels are completely realistic

>>5944530
Uses cases Lyft and Uber. Even if there's like 90% this is bullshit, 10% to x100

>>5943242
it hasn't even proved to be able to handle 7000tx per second. There is a difference between what a single node could theoretically handle and what the full network can handle.

read

https://twitter.com/vitalikbuterin/status/942960177036140544

>Also what part of "it can scale higher in the future" do you not understand

theoretically iota could scale infinite... theoretically same for bitcoin and any other coin.

>>5939377
So I've been reading more about this Pascal Coin everyone's been talking about. It sounds like it's better than raiblocks in every way.

For instance, did you know raiblocks can only handle 7,000 transactions per second? Even Visa handles 50,000 transactions per second and it's ancient tech! What does that say about raiblocks?? Haha!

But here's where it gets incredible... Pascal Coin handles... wait for it...

72,000 transactions per second!

WOW!!

Finally, we have a blockchain with the capability to replace Visa!
AMAZING, Pascal Coin!

Finally... this is the coin we've all been waiting for...

Don't miss this guaranteed moon mission, anons!

FUCK I JUST WANT TETHER BUT ON RAIBLOCKS TECHNOLOGY AND WITH A DEBIT CARD

2020????????

I'm not sure about the nano thing. Do we really have a smoking gun? All I see is "omfg it really was there, I screencapped it" tier "evidence"

If it does happen, I'd imagine a valuation split would happen and anyone holding 1 XRB would then hold 100 nano. Normies have trouble understanding large numbers and obscene decimals.

Disclaimer: I'm strapped in with 5000 XRB. Whatever happens, happens. Not selling at any point in 2018

>>5944630
Forgot to mention Patreon "partnership"

>>5944707
Sounds like what you're looking for is Pascal Coin. Its technology blows Visa away! Look it up!

>>5944244
Are you fucking retarded?

>>5944706
Mmh nice just bought 100k thanks

>>5943897
It's pure speculation what will happen.
Maybe the amount of buyers will surpass the possible "dump", so making it a very tiny dip. Maybe there's no dump and it goes higher and then it just dips normally.
Maybe there's a massive dump then it moons higher.
We will see. I will still hold. I'm not daytrading something so unpredictable.

>>5944706
>>5944792
>whitepaper not written in LaTeX
100% serious that really makes me question their competency when I see a MS word pdf export

all the mathematicians and researchers I know use LaTeX

>>5944770
where? posts image

>>5945066
New version made by the web designer, not the actual core dev
Core dev was a computer engineer at Qualcomm. Very knowledgeable

>>5945066
Yeah, I know what you mean! It really makes me question a cryptocurrency's competency when I see it can't even handle the transactions that Visa requires, haha! Visa is ancient tech and this brand new billion dollar stuff can't even compete? LOL, right?? Finally, we have Pascal Coin to show these other poor performing coins how to do it! 72,000!! How can other coins or even visa compete, right!?

Chadcoin doesn't care what the coin is called, still going to the moon

>>5940432
>PASC

lmao PASC's not even a DAG

>>5945353
I know, right? Isn't that great! No need to worry about losing access to your funds by getting DDOS'd! Not to mention it's even ten (10) times faster than DAG coins! WOW!

>>5945201
Litterally 2 posts before

Rai has many security vulnerabilities
Fuck and cover before its safe again

>>5943917
wut r u talking about. it already does everything it promises.. an entire exchange ran off one fucking node. iota doesn't work at all yet.

>>5945201


here >>5944530

>>5945789
I don't see "patreon" partnertship.

As someone who has been following it since pre-cents, and bought in at 3 after extensive research on the coin and watching the massive shifts in crypto at the end of 2018, I can say the following projection with full confidence after this is listed on Binance the, pre- August prices:

>Conservative ATH Market Cap: 14 Billion
>Healthy ATH Market Cap: 25 Billion
>Highball ATH Market Cap: 66 Billion

>>5946204
its gonna hit 14B market cap by february

Fuck this shit, I decided to went all in XRB. Just bought 78 more.

Hodling 860 XRB now.

>>5946204
As someone who followed it precents, but didnt buy due to shady exchanges and no good info on distribution...

It will go higher. Fuck.

which exchange has lowest transfer fees

>>5946204
>As someone who followed it precents, but didnt buy due to shady exchanges and no good info on distribution...

it'll easily hit 14B by Feb, 25B by March 66B May. we will see $1000 per XRB end of year MINIMUM

>>5939377
If you’re in XRB is it good to also be in dadi?

>>5946958
the dadi thing is still not confirmed, be wary of that. Too many people are jumping on that thing assuming it's already a dadi + xrb partnership or something.

>>5943897
We would have a better idea of what XRB would do in that scenario if BTC hadn't suddenly risen right after it was listed on Kucoin. XRB's high trading volume and fast speed make it ideal for arbitrage.

>>5939377
How does it protect itself against double-spend attack?

Withdrawal of this asset is not available for now
Withdrawal of this asset is not available for now
Withdrawal of this asset is not available for now
Withdrawal of this asset is not available for now
Withdrawal of this asset is not available for now

Why the FUCK can't I move my XRB from Kucoin?!

>>5948358
Kucked.

I have no problem with Bitgrail.

>>5948358
same shit on mercatox for 2 days now fuck

Bitgrail guy has run off with everyone's money right? I've been waiting on an ETH deposit to appear in my wallet for 2 days.

>>5948514
No, I just used the BTC deposit and it works perfectly.
Hope your ETH are not lost.

>>5948608
Thanks bro. I'm hoping it's just due to the ETH network congestion.

>>5948786
ETH network is absolutely fucked right now ive sent a transaction 28 hours ago and still nothing

>>5948424
why the fuck are you using mercatox, that shit never works, and everyone on the community is fearing the worst.

>>5944706
mfw a literal pajeet is shilling it unironically

So I missed the boat on this one. Tell me at what price did this coin begin being shilled on /biz/ around what date and what is its current price.

>>5949516
some anon shilled it to me on dec 17 and I bought 425 at ~$2,50

thanks anon

>>5939377
8h transfer to KuCoin and counting

>Insta transfers my ass

>>5949516
Not sure but I think it started being shilled at the begining of december. It was about $0.2 and it's $31 now.

I still think it's not too late.

>>5949656
thats problem of kuckoin. transfer between 2 wallets takes ~5 sec

>>5949516
Actual heavy shilling with multiple threads in the catalog at $4, is $32 now.

>>5949704
like is said many times before. WHO THE FUCK CARES ABOUT WALLET TO WALLET TRANSFERS FFS . Its transfer between and to/from exchanges that matters you fucktard

>>5949783
How long it take ?

>>5949844
From 4 to 32? Like a week
Maybe you know look at the charts which are more detailed than our memories

>>5949894
>look at the charts
I don't feel like it, and im not going too

>>5949516
>>5949516
Someone shilled it on a random thread on dec 1st probably cuz i bought dec 2nd, god bless his soul

>>5939377
How long until it is useful for arbitrage?

Seems like it will moon 100x the moment that happens

I need a mobile wallet for Android

I'm trying to move eth to kucoin but binance has been processing it for hours

>>5947567
>>5946958

dadi turned out to be a scam
https://www.reddit.com/r/DADI/comments/7oeg4q/dadi_has_plagiarized_parts_of_sonm_whitepaper_why/

I'm going to be pissed if this DADI scam ICO ends up dragging down XRB.

>>5950966
The founder of DADI (Chris Mair) is on the Raiblocks core team. It sure will drag down XRB...

>>5950617
legit thanks for this, was considering going in heavy with xrb gains too. Definitely not going to now.

>>5948358
AAAAAAAAHHHHH

Good thing I only sent 2 xrb

>>5943079
I’ve heard a big enough whale/committed party could bog the network at ~$15,000/hour, I’m pretty sure it was addressed, what was the solution? Not FUD, just want to know.

t. Puny 538 XRB bag holder

>>5951030
Probably. The only way out might be to just pull out of the partnership. Chris Mair just recently joined the time as their PR guy, presumably because of said partnership, so it might not be too late to just tell him to fuck off and break the relationship with them.

>>5951344
I've read the same with regard to a cloud compute instance. A botnet could probably manage similar since lots of small easy mining problems are well handled by those.

If it's actually possible to ddos the network for 5 days on 1 million, that's a big problem if xrb hits prime time.

>>5944740
>5000

So jealous

>>5943451
i would like to add to what other anons have already stated and say that, Raiblocks is capable of reducing the total recorded transactions of spams onto the blockchain.

>>5951935
I know the team is aware of and working on the DDOS vulnerability, does anyone know if there were any tentative solutions?

>>5940103

You've forgot one zero m8

here's one for you 0

Bought this shit for 20 cent kek