/biz/ - Business & Finance

>>9729801
it's down only 50%

>>9729801
tfw dumped my bags on biz

>>9729817
>only 50%
thank god, I'm sure it will moon anytime now, r-right?

>>9729801
It was obvious scam. Like what does it even do?

>>9729839

https://coinmarketcap.com/currencies/0xbtc/#charts

hashrate is on ATH. Someone is ddosing pools to shake out coins from you

https://0x1d00ffff.github.io/0xBTC-Stats/?page=graphs&#

They arent DDOSing pools for that... They are running a 500gh rig and getting all the tokens.

>>9729839
Yes, I advise to invest more in them.

You know it's time to accumulate when the fud starts

Comfy with 3k

Hopefully get to 5k

>>9729943
you realise this is signatum 2.0 yeah?

lol did this shit tank?

>ERC20 token out of nowhere is spammed non-stop on /biz/ for a month solid

I've seen this episode before, ends with lots of bagholders whilst the initial mining group are laughing. Then we will start seeing a lot of "I bought 0xBTC at ath" in confessions type threads.

>>9730055
Yeah buddy ;)

>>9730081
24 hr change -60%

>People actually bought this at 0.004
>It's now sub 0.002

Jesus fucking christ.

>>9729933
learn math you stupid fag. Difficulty stays the same, running a 500gh rig while ddossing or in a big pool would give you the same rewards, dickhead.

This still has potential to be at least $10

>24 change -64.9992%
oh no no no

Help, please. That cant be real.

>>9730274
Oof lol whatever a blind woman could have seen this coming

haha someone still holding this? I flipped it and made like 5 eth in 3 days. Was fun.

Hey biz I am waiting fo another coin in two weeks from now

>>9730606
Consider this a learning experience.

>>9730169
Have another one of my creations.

>>9730865
Thanks

>>9729801
Out of all the scams on biz how could anyone fall for this one. It's so painfully obviously a scam I just don't get it.

>>9730169
>AoS
holy shit I may host a server on /v/ tomorrow

>>9731010
How is it obviously a scam?
You mine it, it has access to dapps due to being in the Ethereum Network, this is far from a scam, out of all the shitty community coins you see getting airdropped left and right this one actually has the potential to one up the others due to how it's attained to begin with, all it needs is an active community developing around it.

You can't exit scam it since there wasn't any premine to begin with, it's not possible to perform the 51% attack, and since it's a smart contract you can't change anything about it, just build upon it.

>>9731099
>devs mine a significant amount
>suddenly intensive shilling starts
hmmmmmmmmmmmmmmmm
thinking_emoji.svg

>>9731186
He didn't though, what now?

>>9731099
teh reason it is a scam is because it essentially duplicates ETH inside of ETH>

ETH is a POW coin the exists on the Eth Network. 0xBTC is a POW coin that exists on the Eth Network. One of them has tons of liquidity and exchange pairs, the other is a shitcoin.

Now, if ETH switched to POS....then maybe... there would be a market for a POW coin on ETH.

Until then tho, holding ETH is probably smarter, although there is certainly moon potential cuz brainlets.

Less than 4000 people hold this token.

>>9731408
ETH can't interact with smart contracts...why is this being brought every single time?
Essentially ETH is being mined for gas, so it's not meant to be used as a currency, 0xBTC objective is to be used as a currency in the ETH Network that can interact with smart contracts, which on the other hand is being attained fairly by mining, which is far superior of a distribution system than airdrops, it wasn't premined either.

It's like the same people join the thread to call it a scam, use the same arguments over and over again, yet fail to understand how those arguments are stupid to begin with...

>>9731186
>>9731408
Kike brainlets are so fucking dumb. Its kinda Funny

wait until it shows up here: https://coinmarketcap.com/new/
then buy and either take your profit or hold

>>9731473
1 0xbtc = 1 btc soon

all this fud means buy you fucking morons.

Dumped my bags on all you brainlets. Was fun while it lasted. Have fun being bag holders lmao.

>>9731477
this is patently false.\

ETH can interact with Smart Contracts. If ETH couldn't interact w Contract Accounts, the whole thing wouldnt work.

I did not say it was a scam, I said it was simply more sensible to hold ETH, the POW coin with many many uses, versus 0xBTC, the POW ERC-20 token with few uses. You cant send fucking 0xBTC w.o paying for gas in ETH - you are clearly a shill.

That being said, I have 18 0xBTC i bought as an experiment using Enclaves the first time. I dont think I paid too bad a price. It's certainly better than Litecoin, lmao.

YOU ALL FELL FOR MY DUMP SCHEME HAHAHAHA
I ACTUALLY MADE OMG
I CANT BELIEVE THIS WORKED OMG
I NEVER HAVE TO WORK AGAIN WOOOOOOOOO

>>9731630
maybe you could spend some of those ill gotten gains to go see a shrink. you clearly have issues.

>>9731665
Lol
Just excited cause I never thought I'd make it.
Got a tip months ago on this shit.
Queue shameless shilling on this board and dumping at the top
Only issues in this thread are the ones in your wallet.

>>9731729
I event got any. got out at 3 o'clock this morning.

History repeats

>>9731807
It's totally possible this shit can go back up.
I'm out though because it would be unnecessary risk.
I truly wish the best of luck to those still out there trying to make it. We can all make it bros. You just have to do it once.

>>9730308
Literally this. I bought at sub 0.001 so I was already up 3x when I dumped my stack yesterday at 0.00282

>>9731604
except ETH cannot interact with smart contracts. In order for ETH to interact with a smart contract or an ERC20 token, it has to be wrapped into W-ETH first. This conversion is inefficient and can be bypassed if a currency like 0xBTC is used instead.

https://weth.io/ read about wrapping ether.

>>9731982
This

>>9729801

What did he mean by this?

>>9731982
so much this.

you pajeets think correction = dead coin? lol

also, there is no ico means there are no whales means there is no price manipulation, trade-wise. Your coin is not dead and will grow later.

Tech-wise, it's what this anon says, also eth is destined to succeed, which means the same for 0xbtc as it's currency

>>9730414
It means someone may have come with an asic for it you dumb nigger, possibly orchestrated by the dev. There are no 500gh rigs, 1 7x1070 gets 5gh

Meanwhile 0xCATE is in steady rise.

>>9732304

Lol no one has already made an ASIC for a 3 month old coin - using the Kekkak256 hash. Do you know how much goes into the design and manufacturing of one? The 500 GHs rig is 140 gpus. Pictures of his mining farm were posted in the discord yesterday.

This is literally the most transparent PnD ponzi scam coin I've seen in a long time.

And people actually fucking bought it.

The miner's have probably dumped on y'all asses last week.

>>9732130

underrated.

>>9732897
Literally the entire time this token has existed it's been a miner dumping shitfest. And yet here we are

>>9732801
delete this

>>9733012
Go ahead and invest in your overpriced meme bitcoin. 0xCATE costs seriously nothing right now and it spiked 300% just because of releasing a new website. Wait till the whitepaper is out and when we start contacting charities.

>>9732897
> insert citation or any proof
into the trash this opinion goes...

>>9729817
Damn, now it only needs to 2x to break even!

>>9733095
Pool mining still dead?

>>9729801
Early miner here. CPU and later GPU mined ~25k 0xBTC.
Sold ~5k 0xBTC over the last couple days.

Feeling comfy af. Already happy with what I cashed out even if 0xBTC goes to 0.

>>9733290
Yeah, no pools right now. Only solo mining.

>>9729801
I mined it so I have 0 expenses for owning it.

>>9731604
First of all, if 35 bucks is all you have to throw at an "experiment" then you're fucking poor as shit. If you live in a western country and you're poor as shit then you're also inherently retarded. But that's neither here nor there.

> You can't send fucking 0xBTC w.o paying for gas in ETH

False, Lava network (including Lava wallet) are in production right now to bypass ETH gas fees for users and have it all settled in 0xBTC behind the scenes. Within a few weeks you'll be able to send and transact with 0xBTC without ever knowing what an ETH is.

Bu

>>9731408
good thing Ethereum is going PoS later this year

>>9732897
You do realize that a mineable currency is designed so that mining has costs right? And that miners are expected to regularly sell what they mine to pay for upkeep? You realize that the whole system of every PoW coin from BTC to BCASH to ETH to 0xBTC is designed so that miners can and should be "dumping" their coins? You get that if miners never dumped then there would be no distribution or decentralization? You understand that right?

>>9733596

Holy fuck I did a little reading on the Lava Network. That's going to be a game changer. Not just for 0xBTC, that's a great start for it, but it will generalize to all ERC-20 tokens.

>>9733688
I think he does, he's just being a dick
>>9734011
Can you elaborate a bit please on how you think it wil affect other ERC-20s?

>>9734131
Not him, but the concept behind Lava Network works for all ERC20 tokens. As long as a relayer exists that is willing to take the token in return for the gas costs then the system will work. You or I could build a relayer for anything from BAT to GNT and the users would just pay their gas fee in BAT or GNT, entirely bypassing ETH and relegating ETH to true utility status as gas in the background.

>>9734131
goo clogging up the eth network won't happen if it uses lava

>>9734011
>did a little light reading
>concludes, "It's gunna be a game changer"

i did a little light reading on it and it doesnt seem like a game changer at all. Not in the slightest. It's just a smart contract ffs, or not even that, "offchain signatures' issued by 3rd parties is just trust. This is useless vaporware.

>>9733596
This is absurd. This Weth is essentially ripple on top of Ethereum. You get a freaking parallel IOU inside a separate ecosystem in which you have less fees, except that doesnt do shit for you. If you think this is particularly special in the crypto word, I have news for you anon.

>>9734194
"if only they would accept it shitcoins in return for processing power, we could bypass eth"

No shit sherlock. How can newcoiners be this brainless. How is this ever going to happen. Why in the hell would ETH become useless background noise. DO you really think you could get enough nodes to ditch the baselayer token for new sublayer tokens? Ie, convince enough miners, who have invested their time and resources in ETH, to jump ship at enormous risk to themselves to get paid in shitcoins on the hope that the rest of the miners will soon want shitcoins too?

Dont stop believing friendo

>>9734194
>>9734213
This is actually unironically big if true

>>9734289
Dude ETH is going POS soon, the miners ARE going to jump ship whether they like it or not

>>9734297
>>9734297
you realize what he is describing is basically the lightning network, for Eth? Really how new are you

>>9734241

If you don't see value in being able to make a transaction without dealing with the underlying gas fees then you're beyond help. You think normies are going to be setting gas prices and limits when they want to send their BAT and LINK they got from coinbase to their friends? Maybe "game changer" is a bit strong of an endorsement but its definitely exploring cool new technology.

>>9734366
No it isn't
you're a faggot
kys