/biz/ - Business & Finance

>>6657255
Its shit and won't survive the cleansing

>What is it

Overpriced

>trusting the mafia coin

>>6657255
In this video is a new plugin made by someone which you can add to your website to accept raiblocks, and you will see the speed of raiblocks.

A lot of people say there are other faster coins, but the key is that FREE is FREE. When bitcoin was new the transaction fee was negligable. Every coin that is not FREE to send is USELESS. Buy raiblocks today

>>6657278
>>6657274
Folks this is a prime example of people who are butthurt they didn't buy it.

>>6657386
Buy so you don't end up like them

weak shill for a good coin

Broken network
Broken nodes
Can not work on phones, ever.

$100 EOY?
$500?

>>6657779
>Working network
>working nodes
>Mobile wallet coming out In the very near future

Nice meme kid

>>6657829
My prediction was $300 end of year, could be anywhere from 1->1000 dollars USD IMO. Depends on the crypto market as a whole. If crypto market stays the same or grows it will go 1000 usd for sure

>>6657779
>can not work on phones
>actually being this retarded

>>6657941
>>6657829
If it can get out of this hell hole slump at some point, $100 would be pretty easy. $1000 maybe possible assuming entire market has another year like 2017.
On the bright side, it seems to me that binance at worst will have no effect, since anyone that wants to cash out probably has done it on KC already. Fixing the nodes also has only upside, since broken nodes (and therefore no withdrawals) almost certainly cause downward pressure on price.

>>6657255

this shitcoin have already its own 5 minjtes now it will only go down haha

>>6657386
>Folks this is a prime example of people who are butthurt they didn't buy it.
>implying that there won't be any more growth
>wanting one last pump before selling it all

Stop shilling your shit coin pajeet just let it die like god intended

>>6658428
How is it a shit coin retard?

>>6658103
Tell me, how long does it take on your Intel i7 CPU to perform the PoW to send a transaction?
How long you think it will take on a phone, how much battery will it waste?

>>6658551
it was so fast I barely saw it

maybe 100 milliseconds?

>>6657941
>anywhere from 1->1000 dollars USD
very fucking specific pajeet. I for one predict that the value of a single bitcoin will be anywhere between 0 and 50 trillion.
Heard it here first folks

>Lacks the security of Bitcoin Cash
>Lacks the throughput of VISA
>If any of you pajeets shilling this had seen the wallet, you'd sell instantly
We rode the retard train and made gains, but the time to sell is long overdue, pajeet shillers

>>6658706
thats the point I gave my prediction which was 300 but gave said it could be anything depending on the hwole crypto market, also im not a pajeet

>>6658672
It simply doesn't work. If I can do PoW on my phone then its too easy to transaction flood the network maliciously with a GPU cluster.

There is no solution, I've read the whitepaper, all they have is some pruning. They even concede you can flood the network with enough resources.

The coins a cute concept but practically useless, therefore its worthless.

>>6658511
>not working properly under load on multiple exchanges.
>Nodes will be working properly any day now
>binance community vote was ages ago every other coins got listed within a week
>Still waiting for re branding

Yeah not a shit coin at all

Everyday you shill this shit with the same image every hour

>>6658917
>It works, bitgrail ran everything on ONE Node
>they work
>Not a shitcoin
>Rebranding has nothing to do with the coin

>>6658904
Only way to do this is with a government, and sorry to say but any government can destroy any crypto

>>6658904
Why don't you talk about the 51% attack on bitcoin. What you have against raiblocks when it's the best crypto at the moment

>>6657274
This.

XRB is going to die

>>6659481
Give a couple of reasons?

>>6659388
Good luck spaming bitcoin lel. The BTC network can fucking withdtand anything. XRB on the other hand.. not so much

>>6659560
Umm no it cant.

>>6659388
>Why don't you talk about the 51% attack on bitcoin
That has nothing to do with this conversation, but Bitcoin has a history of attacks on the network and has proven that its stability

>What you have against raiblocks when it's the best crypto at the moment
How can you say that when you can't even tell me how the network can withstand a script kiddy botnet transaction flood attack. You're seriously delusional.

>>6657255
>Instant, Free cryptocurrency
pipedream. not secure.

why so many fudders?

>>6659647
Yes it does you fucking anime postoing fucking fat piece of shit cuck. FUcking kill yourself. retard. dont listen to this fucking faggot.

>>6659653
how is it a pipe dream, raiblocks are free to send and it's instant except for the 1-4 second local PoW time.

>>6659752
They want to buy it/ theyre butthurt they didnt buy it.

>>6657255
DO NOT USE BITGRAIL

DEPOSITS ARE CANCELLED, WITHDRAWALS HAVEN'T WORKED FOR 11+ DAYS

USE ANY OTHER EXCHANGE

>>6657255
This is one of the only coins CURRENTLY delivering its value proposition instead of making high in the sky promises. I love how stupid people are in this market

>>6659838
>Yes it does you fucking anime postoing fucking fat piece of shit cuck. FUcking kill yourself. retard. dont listen to this fucking faggot.
Can't defend your shitcoin so you go for the name calling, really good job shilling your shitcoin dude. Inspires lots of confidence.

>>6659838
>how is it a pipe dream, raiblocks are free to send and it's instant except for the 1-4 second local PoW time.
I don't think that is sustainable as a secure network.

>>6659874
me sending 1 eth to bitgrail, 0 credit and wallet is now under maintenance

>>6659925
why

>>6659929
>>6659874
Yes, we have known for a month not to use bitgrail.

>>6657255
>solving faucet.
Lmfao really? What a fucking winner man.

>>6660028
Yes cause chinese people mining and controlling the whole supply to a """Decentralized"""" network is better. No mining is the way to go.

>>6657255
>A lot of people are unaware of xrb.
Literally everyone knows about it and it's overhyped

>>6660129
It's not overhyped, it's undervalued. Most people don't have it in their portfolios yet, but they have thing gay Bingbong shit

>>6659984
>>6660101
>>6660152
If you have a stake in XRB I'd honestly suggest you stop posting, you're making the coin look really bad.

it's a good way for determining the IQ of a /biz/ poster

>>6660125
this will literally make Raiblocks obsolete

>>6660249
ok anime boy

>>6658904
that's the thing, it's verified by nodes that hold XRB balances

it's NOT a PoW coin, you can't just do more PoW and break it

>>6659929
Fee was too low, nothing to do with bitgrail.

>>6660328
Yes but nodes dont necessarily have to hold XRB. you can change reps.

>>6660380
the nodes that have XRB have the most voting power

you can't just have 100 nodes with tiny balances outvote a representative node with a huge balance

>>6660326
4chan is an anime image board dude, if you have problems with chink cartoons you're on the wrong website.

may I suggest reddit, you don't need to post and look like a uninformed retard you can just up vote people smarter than you.

>>6660491
i know, but the node can have 0 xrb in the wallet, and have wallets with amounts use it as its representative.

My node :

https://m.do.co/c/9f42856df4ec

Use my referral for digitalocean,

https://1xrb.com/support-the-network/ follow this guy to make your own node for 2 months for free.

>>6660623
xrb_3t4b1iy7jt7uoiswqb14mqzfsao1am7y8f9htskwjrn81t8y97hqc5ofwerj

my node, oops

>>6660561
STFU anime weeb faggot

>>6660561
shut up weeb
you will never be japenese

>>6658904
When you're this stupid and have the audacity to post a smug anime picture with your comments

why are there so many red ID's?

>>6660667
>>6660876
>nu/biz/

>>6660960
>When you're this stupid and have the audacity to post a smug anime picture with your comments
I've read the whitepaper, I've read the developers comments on it. go on though and call me stupid while dodging questions. How about you just answer a question? oh thats right you can't, the coins flawed and has no chance of succeeding.

>>6661279
blablablablablablablab shut up fatass

>>6660352
How? The transaction got almost 100k confirmations.

>>6658672
wow so much fast

you realize, if its too fast, too easy to send a transaction, the "PoW as anti-spam" does not fullfill its function?

if a phone can easily send a transaction - that means the PoW is too easy, and network is wide open for spamming by GPUs

also, you realize the rai.exchange is still postponed because they have to use GPUs to process many tx/s, so the anti-spam does work.

which means, you are a liar, as on my Intel i7 octacore, it takes 1minute. on a phone, it will either drain battery to make people uncomfortable to pay with XRB, or on low end androids, not enough battery to send a transaction AT ALL.

Even if everything you said is 100% true, the one minute shit. Bitcoin takes a fucking hour. Find me something that goes faster and is also free.

>>6660298
BURST is a scam you dumbass

>>6661504
I have a processor from 8 years ago and the PoW takes me about 2 seconds on chrome, when they say firefox goes faster. I dont know what the fuck you faggots are complaining about.

There's a lot of fast coins out there, xrb is far from being special. It's just hyped.

>>6661671
The key part is that it's free.

>>6661716
its not free, you pay with PoW
which is costly for a phone, anything battery-powered

>>6662020
lol you're kidding. So no coin is free then because you have to TURN ON YOUR COMPUTER to use it. Walking 5 steps is not FREE because you spend calories to walk 5 steps, calories = money in food. shut the fuck up

Everyone knows what xrb is

>>6661504
>as on my Intel i7 octacore, it takes 1minute
kys pajeet

>>6662020
Also you realize you can turn off loca PoW whenever oyu want right

>>6662074
no faggot, Byteball is free, there is no PoW anywhere.

as XRB has lower fees, you just pay them yourself, compared to bitcoin, so is Byteball fees lower compared to RaiBlocks.

>>6662325
>>6662325
sorry to burst your byteball kid.

>>6662422
>he will never recover from this reponse and will have to make up shit to defend his byteballs

>>6662448
>still no response

thanks

>>6662422
you are using raiwallet, a client-server architecture, trusted 3rd party, with no clear affiliation to RaiBlocks core devs, a wallet with closed-source parts, in this dicsussion?

you stinky fucking deluded piece of shit.

even bitcoin has the same functionality as RaiBlocks - run your own miner to pay for your own fees, or click the box "pay the network fee" and let somebody else do the PoW.

fucking deluded rai, you are embarrasing RaiBlockers

>>6657255
ANOTHER ERC20 TOKEN WITHOUT WORKING PRODUCT? NICE JUST BOUGHT 100K TY

also the ICO whales will dump this shit into hell.

>>6662844
there was no ICO

>>6662814
dumbass this is an official raiblocks wallet created by the raiblocks developper

>>6662875
>being JUSTED this hard over and over

>>6662875
trusted 3rd party required for its functionality, client-server architecture, closed source.
are you not ashamed of yourself?

>>6662945
It's not third party. It's the official one. wtf are you talking about. A raiblocks dev made it. can you read?

>>6662988
also>>6662814
you said retarded shit but i dont assume yoiure being serious i think youre just trying to fud. the "pay the network fee" is free lmao.

>>6662988
oh you dense mother fucker

just go back to buying ripple you fucking normie

>>6663102
go ahead explain it, you have nothing to say. bad damage control bruh.

>>6662988
>>6663035
>>6663143
>making individual replies for every post to keep bumping the thread
classic shill behavior, how many shitblocks they pay you?

>>6663233
1 xrb/per hour

>>6663143
retard, a trusted third party means the wallet requires somebody else computer/server to be online. this breaks "decentralized cryptocurrency".

my point about No RaiBlocks on phones stand, as even your shitty raiwallet, closed source piece of shit website, says to "outsource the PoW to its servers", than use the phone.

fucking bitcoin did this 8 years ago, just let somebody else do the PoW for you, in exchange for a small fee. you think raiwallets servers would scale to support doing PoW for say 1 million phones, for free? BWAHAHAHA

Having a product at all puts it ahead of 80% of the market. People criticize a node desync bug at high volume like it was some unfixable flaw.
You faggots shill coins without a whitepaper.
There are coins in the top 10 that are literally promises.
Fucking tron for Christ sake.
You people are delusional.

>>6663409
this

>>6663409
Byteball has better product, cleaner consensus design.

Id say, a bug where nodes can not sync with rest of network, outsanding for more than 1 year. Really, if you cant fix it for 1 year, its not fixable.
Besides, the shills sayin "its fixed" without even knowing whats fixed.

The "PoW as anti-spam" limits the usability of RaiBlocks on low-power or energy constrainted devices such as smartphones.

Have fun with a "cryptocurrency" with broken network, deluded shills, limited by design in usability for normal people.

>>6663392
>>6663562
BING BONG HAS A BETTER DESIGN.
The bug ccame into existence a week or two ago and it's been fixed for a few days already. Bitgrail was running everything on one single node. keep holding your bingbong bags. No fucking normies give a fuck about your muh better design. Raiblocks is free

>>6663562
bite balls haha

>>6663562
>>6663392
Oh noess my smartphone will like lose 1% battery omg, i need to send muh rcrypto when im out camping and need to save my battery!? how will i use raiblocks to buy carrots in the store if it drains 1% of my battery? fucking retard. you think by the time raiblocks will be accepted in real life you will be using a mobile phone anyways?

>>6663709
If it was such an emergency that I HAD to use my smartphone THIS SECOND to send raiblocks, and for some reason wanted to use local poW when i dont have to, (theres no transaction fee for not using local pow), im sure in such a fucking emergency it wouldnt be a big deal to use some of my battery life lmfao retard. Keep using ur bingbongbyingballs, cause every coin that takes a transaction fee will be gone

>>6663643
the bug Im talking about is not shitgrails
you deluded piece of shit shills should learn about your product before talking

the node syncing issue has been unresolved for 1 year, bitgrail doesnt matter.

>>6663768
why do you even care about RaiBlocks so much, are you the faggot who bought at $30?

Should have used your brains, loaded up when it was 2 cents in April, and sold it all at 220k sats.

But oh, you got no brains man. now you have to pretend someone else poop is shiny best poop.

>>6663776
no they haven't. The node issue became apparent because of bitgrail. and it's been announced that it's already fixed. It doesn't break the coin either.

>>6663845
Nah i didnt buy at 30 i bought under 1 dollar, never sold because im smart

>>6663885
Quit while you're behind dude, I'm actually a supporter of the project but this shit-talking, low-info type of shilling is toxic to the brand

>>6664218
anyone who uses the word toxic is a cuck

You know a coin is shit when the shills are getting this assblasted and losing against a weeb poster.
Embarassing~

>>6664445
nice new post from a diff ID weeb fag, you gave yourself away wwith the little ~~~ squiggly mark of homosexuality

Ew why is OP having a meltdown? What the fuck is wrong with you raicucks.

>>6664512
Ew, not having a meltdown buddy. im just replying to everything

>>6664309
> anyone who uses the word toxic is a cuck
Are you fucking kidding me? I'll try to use smaller words in the future.

I won't waste my time with another post, just know that you're an embarassment. Thankfully you'll get what's coming to you soon enough

>>6664721
stop being toxic

>>6664792
Fuck off.

>>6664721 is right. You should be in the IOTA camp with the other cultists.

OP all I've seen you do is shitpost and fail to refute legitimate concerns about Raiblocks. I'm on the fence about buying in and hope you're not representative of the Raiblocks community...

>>6663409
BUT MUH DBC

>>6661279
When you're this stupid and have the audacity to post a smug anime picture with your comments

>>6665592
Yeah cause my toxic behaviour on 4chan.org repreesnts how well a cryptocrrency works

>>6659924
Hey you seem to understand what you're talking about can you explain how someone can flood XRB but not BTC what makes it vulnerable

>>6665880
It tells me there's dumb money in it and retards like you will panic sell at the first sign of a red candle crashing the price. For that reason I'm out.

>>6665961
watch crypto trader's video on this on youtube, steer clear

>>6665961
Ive been in since under 1 dollar and havent moved a single thing but ok thanks

>>6665993
Ps next day he made a video saying he was wrong about xrb

>>6665961
Holding since $0.25 over here, it's the real deal.

>>6665993
>listening to youtube retards about crypto

>>6660249

why

>>6666020
Please explain to me what incentive there is to run a Raiblocks node since it's feeless. And how it's resistant to flood attacks since it's feeless.

check muh dubs

>>6666064
>Not taking in all sources of information into consideration for investments

>>6666086
hosting a node costs maybe $15 a month. much less than the gains whales hold by simply holding the network together.
POW is paid is by the sender, so the sender pays the fees to spam. they're also looking at other ways to address this in the future.

>>6666086
Isn't a low fee currency floodable too if they just eat the small fees?

>>6666127
haven't seen a youtuber yet whose analysis are worth watching.
and he doesn't even have an XRB video... link?

>>6666170
$5 a month not 15
>>6666086
There's no direct incentive (Getting a reward) Each node can handle an insane amount alone. Think of torrenting or any other peer to peer network. That's what makes it decentralized. The incentive is that someone who uses it will want it to succeed. The more and more people start to use raiblocks, the more nodes will be online and the TXS will only get exponentially higher. It's rare for a person to be using an extremely high volume, only people who do are big big big business like exchanges, and for exchanges there's a direct incentive for them to run nodes to be able to do their business. The more people use rai the more nodes there will be.

It's resistant to flood attacks because you have to accept the PoW, it does have a vulnerability where you can generate PoW over time with GPU and then release them all at once, it wont take down the network but will cause it to be slow. This can only be done by a government size organization who wants to take it down/;

>>6657386

Folks this is a prime example of people who bought high and now are desperately shilling to try and unload their bags

>>6666328
Nope. I posted my wallet here i have nothing to hide.

>>6666250
>>6666064
>>6665993
The guy who made that anti-xrb video made a new one the next day or two saying he was wrong.

>>6666282
I was about to respond but you pretty much addressed everything.

I would go one step further from an incentive standpoint and use the same argument that an exchange had for running a node. If I was a retailer that accepted XRB as form of payment, wouldn’t I have a lot of incentive to run a node at $5/mo vs paying 1-2% to visa?

Also I don’t think a lot of people realize that a lot of the exchange side issues were caused by the PoW which kind of shows how difficult it would be to spam the network

>>6666250
>>6666282
>>6666214
>>6666170
>>6666127
>>6666096
>>6666086

https://1xrb.com/

https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf

>>6666439
stop spamming everyone with replies.

>>6666170
>>6666282
>>6666214

It costs $5 or $15 a month with current volume. How much will it cost when it reaches Bitcoins or Ethereum's volume? Will people still be altruistic to run nodes for free? I get that PoW is required to flood a network but it would still be significantly cheaper and easier than if there were fees.

>>6666521
Simply having the wallet open is running a node. Setting up a dedicated server to run 24/7 costs 5 dollars per month on digital ocean. The altruism doesn't matter. Look at torrents. They work without peopple making any money form them, flawlessly. With A currency there is a direct incentive to support it if you use it. Tvhe node problem will never be an issue. Yyou can even run a node in your car. I get why people have this impression, but that's what decentralization means. Bitcoin is not decentralized

>>6666521
i'm not sure if every node on the network has to handle every transaction.
if not, it might be easier to scale.

and of that $5-$15 I dont' know how many more tps it can handle. I assume it can scale pretty easily since XRB has chain pruning (low disk storage required) and processing transactions is cheap since the sender did the work.

but if u want to know the numbers more specifically you'll have to DYOR

dunbs

>>6666654
For example, since I hold raiblocks, i run a node simply because iwant the network to succeed and be as fast as possible for new people who are testing it out so they can say WOW when it sends in 2 seconds. it's not altruism, its for my own benefit, even though one node isnt much.

>>6658314
I can literally smell the curry

>>6667004
it's kind of like voting in a democracy. Even though one vote doesn't make fuck all of a difference you still do it even though it doesn't matter.

>>6667109
made me laugh kek
>>6667122
and it's not like you get paid to vote

>>6657255
Fact of the matter is, that this is the ONE CRYPTO that has NEARLY INSTANTANEOUS TRANSACTIONS with NO FEES that works RIGHT NOW. If you don't see the value in that, get out of crypto. You have no idea what you are doing.

>>6667216
this. even if it's not used in 2100 it's the best crypto out right now.

Heavy bags OP? Don't lie. You did not buy at $1. Anon who is up 30x does not reek of desperation like you.

>>6667411
look at my wallet in this thread then.

>>6667216
how about you buy a shit ton and ride off into the sunset then chadbro. the rest of us will watch you ride it down into the fucking core.

>>6667461
Bad FUD, butthurt.

>>6667411
i bought at $1.50, kicking myself for selling at $10.
Rebought at $26, rebought more at $15.

This is going to $50 guaranteed, idk EOY or after that, but I'd be surprised if it failed.
i'll give you my mercatox logs if you care.

XLM is mooning because 3 second transactions and 1500 tps.
XRB has 10 seconds and can handle 7000.
I can't think of another in production coin that can handle half of that. and XRB is much more decentralized than XRP or XLM. Jed controls 90% of the supply of XLM. XRB owners... maybe 5% or so?

>>6667216
I’m COLX and ECA would like to speak to you

XRB is going to be around $400 end of year, this coin will still make ppl rich, if they hold.

>>6667461
Don't need to buy anymore, been accumulating since $0.25. It shot from sub 100 to a top 20 coin in less than two months. It is actually delivering on its value proposition. It's not just a whitepaper and hyped up headlines. It's CURRENTLY delivering to its users. But if you'd rather buy into cryptos that PROMISE to kill ETH, handle the world's supply chain industry and feed your grandmother her oatmeal through blockchain AI robots, be my guest. I truly hope they deliver on all their promises, but right now most of this shit is just hype chasing and hoping teams can deliver on their road maps.

>>6667835
I'll definitely check these out

>>6667835
>>6667945
From their websites:
COLX: "close to zero fees"
Nope, close to isn't good enough
ECA: "Low Fees."
Okay, I don't know what I was expecting from you. I said NO fees. Not SMALL fees. Not TINY fees. Not LITTLE fees. Not LOW fees. Not CLOSE TO NO fees.

Say it with me.

NO FEES.

Do you understand now?

>>6667808
XLM mooned because of hype. Same with every alt in Dec-Jan. ALL HYPE & NEW MONEY looking to get rich. If you bought low <$5 and havent cashed out yet, you better do it soon. Once this hype train is over and Core coins (BTC/ETH/NEO) start their own bull run it is goin to be a slaughterhouse for alts.

Good Luck.

>>6668254
Raiblocks is a core coin

>>6667835
ECA looks strictly worse than ETH. the "instant" speed is 0conf, that's not a real transaction, as any blockchain can do that.
it's pretty clear you're just trying to shill dogshit with low marketcap
>>6668254
i trade on fundamental strength of a functioning currency. So far I've outperformed ETH. BTC will stick around for awhile for because it's like the petrodollar. but a year from now who knows.
kind of a joke to call NEO a core coin though over XLM, I like it but it has several weaknesses.

>>6668254
I'm not sure about NEO, I see it's pretty popular but I just read the whitepaper and there's basically nothing there, doesn't really talk in depth about anything at all, wheras something like ethereum actually makes you think the devs know what they're talking about