/biz/ - Business & Finance

the more volatile the better

Ethphoenix (EPX) is designed to reward iron hands. By holding EPX you collect dividends from other token holders buying and selling.
10% of every transaction goes to the community pot then distributed accordingly based on stake. The more coins you have, the bigger the cut.
The number one token holder now bought at the all time high with 50ETH and accumulated over 25+ eth from holding those tokens and not selling. Its only been 2 months.

>pic related

link
>ethphoenix.io

bump

FOMO have started!

In a few hours, people's first mined PHX will start to come in and we'll get an idea on how much PHX you get per EPX. Reminder, the lowest seller on ForkDelta is 0.001 ETH per PHX, making them worth at least 5 dollars each. And trust me, people are going to start buying PHX simply because they can be gambled with.

>>8356271
Sorry, meant 0.01 ETH per PHX.

>>8356286
>mfw the newest coin ever created is are more valuable than 50% of other ICO's

>Getting less dividends and tokens with PHX
>Literally giving all my money to bottom floor faggots

No thanks.

How is EPX created? What's the rate? When you buy/sell does that create them? But then how would the price work

plz

>>8356384
oh its you! about time the goons showed up...
Not that you will read this, but pic related is the breakdown of the maths used in ethphoenix.io


So...why cant you Powh fags post your URL here anymore? OH, thats right even 4chan considers it spam. Meanwhile
>ethphoenix.io

>>8356424

are you talking about ethphoenix.io (EPX) or you referring to the new mining coin (PHX)

>>8356424
EPX is created by a smart contract, and can't be traded.

PHX is creates through Proof-of-Volitility, an entirely new creation method for crypto. It's based on your EPX and your dividends from holding EPX over a certain period of time.

>>8356433
> Discord messages in screenshot are 100% white
> Discord messages are actually #D0D0D0 with dark theme.

Don't post fake screenshots.

>>8356509
ya thats right, shut the fuck up.

>>8356509
>>8356519
>they don't realise that the Ponzibot commentary is illustrative
>ignoring literally all of the content of the image

>>8356509
>These incredibly obvious parody posts aren't actually real!
Wow, really?

>>8356540
>>8356544

> Freaking out when obvious slander is being called out for what it is.

>>8356569
>ass kissing this hard
slander?
You mean like how you were posting fake info about our math here>>8356384
you dumb cunt

>>8356461
>>8356476
EPX. I think I get how PHX works. You can 'mine' PHX based on how much EPX you have, and how much ETH is in the EPX contract. Right? Sounds less like mining and more like continual daily airdrops, though.

So what determines the EPX price and issuance rate?

>>8356595

That image posted was supposed to build "trust", how can I "trust" an image that puts words in someone else's mouth? Looks pretty shady.

>>8356622
You know, Ponzibot, we can co-exist. It doesn't have to be like this.

>>8356622
only thing shady here is your refusal to acknowledge the real substance of that post, i.e. the math you were saying is log 4 or whatever bullshit you cooked up, and admit you hypocrisy for coming to this thread to "slander".

whats worse, you willing posting wrong information as fud?
or me making fun of your dev to make an infographic about math less boring.

>>8356613
Every time somebody buys or sells an EthPhoenix token, the price changes - 0.2% higher upon buy, 0.2% lower upon sell. If you keep your tokens where they are, you receive 10% from every buy OR sell transaction based upon your current share of tokens. You can convert your current token stash into Ether where it will sit in your dividends pool - your dividends are stored in ETH, not in tokens, so their value remains stable (as long as the ETH price itself remains stable.)

>daily airdrop
in the interests of full disclosure, the original PHX contract wasn't falling back to ERC20 transfer correctly in the event that a receiving contract wasn't ERC223 compliant (as we found when we tried making a test deposit onto ForkDelta).

Thus they relaunched, and everyone who had submitted a mine on the prior contract is due a 5 PHX airdrop.

>>8356544
>>8356622
But it's an accurate non-literal representation of him / the community.
I suppose I can understand your confusion but to those of us with more than a few brain cells it's very clearly not intended to be real quotes.

>>8356711
Oh right. I'm a total brainlet and don't know how to read. EPX makes sense now. Thanks.

>24/6/6
>how to spot a dead coin

>>8356806
say again?

>>8356824
why doesn't is show 15th?

>>8356840
lul that's why

>>8356840
>ignores everyday but the 15th
I took the screen shot yesterday after some faggot said the same thing you did, didnt bother to update. Look for yourself.
https://ethphoenix.io/stats.html

>>8356840

Eh that's a fair comment to make. Today's been a slow day. PyrMex was DOA for the last two days because it was patently obvious what was happening.

Think it needs to wheel itself back up before we start seeing movement again.

Pretty happy with the Ether amount thus far desu - a constant increase isn't sustainable. :)

>>8356892
i tried your mining thingie and it didn't work for some reason also i think you putting epx as a token name there just makes more confusion

>>8356875
>ignored the 150+ eth that came in since the 9th.

you realize the 15th just started right? So your nit-picking the data point thats not even complete. we have had two 30eth whales in two days. Nice try tho!

>>8356922

The first mining transaction stakes your EPX. The second (after 24 hours but before 7 days) gives you the tokens produced from the volatility of the day multiplied by your stake.

Section 4 of the whitepaper. :)

>>8356922
it didnt work?
you have to own epx to mine. Once you have to tokens, you go over to the mining tab and click start mining. Its literally one click mining, where are you confused?

>>8356931
all with you, i'm only in with 0.3epy but advertising a pyramid scheme on 4chan you'll have people suspicious

>>8356968

We've gone to a lot of trouble to point out that whilst there are pyramid-like qualities, Ether doesn't only flow up. There's no kingpin that can't be shoved out of place by someone else.

It's a perception that we're trying hard to shake off. It will come in time.

>>8356892
also if pyramid just goes up in value every day there is no point in current futures model really

>>8356968
my dear, we are so much more than what we once were.
have you seen this yet?

http://pyrebirds.com/

>>8356995

We want days of stagnation to force a crash/pullout due to impatience. Arguably that's better for those who remain because the dividends handed out to the remainder are magnified due to their increased share of the total supply.

We've seen bear win once or twice. These last few days have just been absolutely mental, though.

>>8357002
what's pyrebird?

>>8357085

It's going to be the flagship utility of PHX tokens. We're working on a formal game specification. Other things will come out in the meantime.

Not another shitty collectible CryptoKitties clone, scouts honour. ;)

>>8357085
still in the works,but its a games for users to play and use PHX tokens for. Not much word on it yet since its still under wraps, but think about cock fighting ;)

>>8357114
>think about cock fighting
>when even a pyramid based dapp description reminds you you still have no bf
fug

>>8357158

bump

>The requested URL /hell/ was not found on this server
Just sold 100K

>>8357472

shes got her own domain now, sorry about that
www.phxhell.com

bump!

>>8357492
so like, how does this work?

>>8358019
Someone starts the pot at .5 PHX.
Once started, a timer begins for one hour. Each time another user bets, the timer is reset.The goal is to be the last person to bet when the timer runs out and you walk off with the pot.

You need PHX to play though. If you dont have any EPX to mine PHX, you can always get it on forkdelta. Link in OP

>>8358099
Thanks!

Chad would buy EPX

>>8358474

Can't wait for more dividends, the volume we had two and three days ago was crazy!

bump

future is now

>>8356181

so whats the best way to bring volatility? What about a daily crypto futures market.

>pyrmex.com

Thats right, these madmen also created the first crypto futures Dapp with pots that have exceeded 5.0 eth. Futures are everyday so daily volatility is promised as users attempt to swing the market in their favor. Your betting on people to be greedy and dont think i could have made this much eth with anything else during this bear market.
Ethphoenix is in its own ecosystem feeding itself like a perpetual block chain machine. Get on the ride that never ends

>>8358646
there is literally nothing wrong with loving cocks and cute boys

>>8360784
>I posted it again
>Nobody will buy this now