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9772956 No.9772956 [Reply] [Original]

So this is steadily on the climb back to 5$ Some buy pressure popped in with a 10 ETH average purchase.

I suggest reading: https://mediumcom/@admazzola/the-case-for-the-mineable-erc20-token-78cbb4c34331

To familiarize yourself with the project. This could be a store of value for the ETH ecosystem since it has an equitable distribution model via PoW. DYOR as always.

>> No.9772969

should I take out 300k loan

>> No.9773020

>>9772969

If you are comfortable with that level of risk, by all means. At this time there are only about 10,000 for sale on Mercatox and that amount of capital would easily blow out the sell book.

>> No.9773041
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9773041

Just a friendly reminder.

Re-post this.

>> No.9773081

0xBitcoin has a first mover advantage summarized in the following:

If Proof of Stake is implemented for Ethereum, Ether will no longer be mined using Proof of Work. This will likely leave 0xBitcoin as the only mined asset on Ethereum. In this way and others, Ether may be transformed in such a manner as to make it best for securing the network and not as a good medium of exchange. This message has already been implied by the Ethereum development team in 2017. 0xBitcoin intends to help fulfill a role that Ether currently plays in the Ethereum network. 0xBitcoin intends to be the primary medium of exchange and store of value for the Ethereum network. This will allow Ether to fulfill its original intended function to secure the network at scale and to be the lifeblood of the Ethereum network.

>> No.9773149

>>9773041

Yes, and it appears to be following the charts at an increased rate of speed as I'm typing we are above 4$ again.

Also the interest in this coin is still highest in the US and Canada according to google search algo. So the rest of the world is still sleeping on this one.

>> No.9773264

>>9773149
good. anybody from sub Sahara latitude means disaster for crypto. just a bunch of cunts ready to sell their mother for a bowl of rice. lets keep it that way

>> No.9773318

Im gonna sell my stack, this token is going the turtle way. In about 2 days of dumping by whales gonna hit 1,5. Coupled with another bear market gonna go under 1.


DO NOT BUY NOW!!!! WAIT FOR FUCKSAKE!!!

>> No.9773591

>>9773318

I highly doubt it will be back under 2 anytime soon, It's not impossible but unlikely. In my opinion this is a midterm buy and hold, set a stop loss and wait a few weeks to a month or more(crypto midterm hold) and you may be very surprised.

>> No.9773732

>>9772956
True decentralized Bitcoin is still a dangerous Idea as evidenced by the DDOS attacks on 0x mining pools and FUD replies, from the whitepaper:

Since 0xBitcoin is mined like Bitcoin, it acts just like a commodity and as such its value has a relationship to the difficulty of ‘mining’ it using computation power. This is analogous to gold having a value related to the difficulty of finding and smelting gold ore. The current state of the Ethereum ICO market with its demonstrable failure rate leaves investors vulnerable to holding pseudo-value backed only by speculation. 0xBitcoin mitigates this problem by providing the Ethereum network with a decentralized bitcoin-like asset which is able to fill the role of a multitude of centralized tokens in a more invulnerable and trustless format.

This powerful mechanism frees individuals from having to use a third party exchange, susceptible to security holes and wallet compromise, and third party escrows. The movement away from centralization is a core tenant of what Satoshi Nakamoto originally intended with classic Bitcoin (Nakamoto, 2009). 0xBitcoin has the facilities to help keep the Ethereum ecosystem open, accountable, trustless and decentralized at every step in the value transfer process. Unlike Bitcoin, 0xBitcoin can interact decentralzied exchanges such as EtherDelta and ForkDelta since it is compatible with Ethereum smart contracts. This means that while Bitcoin can only be traded using centralized means, 0xBitcoin can be traded permissionlessly within immutable permanent smart contracts which are not able to be censored or restricted by central entities. This is another clear advantage and is closer to fulfilling Satoshi’s complete vision.

>> No.9773775
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9773775

>>9773020
>there are only about 10,000 for sale on Mercatox

yeah we only need one big whale and it will explode!!!

>> No.9773947

>>9773775
kek nice meme fren