/biz/ - Business & Finance

Nobody knows the time of the price singularity.
But when it happens, everyone will know.
All across the world, voices will echo "..what's wrong? Is everything ok?"
A few vehicular accidents will occur seemingly for no reason.
Several pilots, delivery drivers, and one pajeet who forgot to close a submarine hatch will all last be seen yelling at their phones.
IDEX will crash. Everyone scrambling to buy 0xBTC will see 404.
Etherdelta will become so overwhelmed with traffic it will slow to a halt. It will become unusable.
The only orders that will happen will be buy orders that have already been placed.
0xBTC will reach unimaginably high prices within minutes.
Every no0xBTCer's eyes will watch. The tiny 0xBTC diamond on coinmarketcap will be reflected in their eyes.
However, the ones who knew..the ones who had heard, but didn't listen..
their diamonds will be distorted by tears.
As these tears fall onto rapidly moving fingers that are refreshing IDEX or etherdelta multiple times,
Haunting music rings in their ears infinitely.
The harrowing noise of the bells causes the no0xBTCer's soul to shiver...and scream.
Biz will be filled with 0xBTC memes. All threads will be titled "You had your chance."
Monitors will be smashed. Laptops broken in half. Weddings, family reunions, graduation ceremonies, and other social events across the world will be plagued by the audible cries of no0xBTCers who knew the path but didn't take it.
Their hopelessness crushes them inside, but they keep having to wageslave, and forcing a smile on their face every day to avoid ever being asked "what's wrong?" again will eat away at their sanity.
This soon becomes a worldwide phenomenon, and no0xBTCer syndrome will be added to DSM-V and heavily studied.
Most normies will continue enjoying their playpens.
But the ones who knew..
they will become uncomfortably intimate with despair...
For they know they missed the opportunity of a lifetime, and another precious path to freedom has disappeared forever.

>>9791894
Close your eyes, try to clear any thoughts you are having
Take long, slow, deep breathes and put all your focus and attention onto your breathing
iiiiiiiinnnn.................... ooooooooooooouuuut

good. Do this for a few minutes, then -
VISUALIZE yourself becoming rich through your 0xBTC investment
ANTICIPATE the things you will buy with your new found abundance of wealth
IMAGINE as though it is all happening now in the present moment, for the present moment is all that truly exists
MOST IMPORTANTLY
FEEL the way you will FEEL when that moment comes and you make it!
FEELING THE EMOTION IS MORE IMPORTANT THAN JUST VISUALIZING THE IMAGES!

Now open your eyes, look in a mirror, and recite these affirmations (use/add your own that is relevant to the reality you want to create once you make it)
I AM RICH
I AM WEALTHY
I AM A MILLIONAIRE
0xBTC HAS GIVEN ME INFINITE ABUNDANCE
It's important to do this when you wake up and before you go to bed, but do it as often as possible. Also hold the image and idea of us making it and 0xBTC being worth $1,000 or more in your mind as you fall to sleep.

WHEN WE DO THIS COLLECTIVELY MY 0xBTC BROTHERS, THE UNIVERSE WILL SEE TO IT THAT CERTAIN EVENTS, PEOPLE AND CIRCUMSTANCES WILL ALIGN AND BE ATTRACTED TO US - THAT WILL ALLOW OUR DESIRE TO MANIFEST INTO REALITY!
I love you all

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!!

THIS SHIT IS GOING TO REACH $1,000 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

>the PoW mining is meant to ensure fair distribution

It isn't any more fair that an ICO.
In ICOs those who buy more tokens get more tokens.
With 0xBitcoin those who do more proof of work (ie better hardware), get more 0xBitcoin.


At first glance it may also seem true for Bitcoin but miners are not rewarded purely for the Proof of work, they are rewarded for SECURING THE NETWORK, which is done via proof of work.

Those whom contribute the most security to the Bitcoin blockchain are rewarded the most.
Proof of work is a mean to this end.

>>9791900
>>9791981
>>9792001
>Reusing memes from a dead shitcoin

>>9791900
>>9791981
>>9792001
Ruining a thread that started out well.

>proof of work mining is not meant to secure the network, it's meant to distribute the coin fairly
then it failed miserably, because pajeet discords have mined this coin for months
proof of work as a distribution model already failed with the original bitcoin... you're clinging to things you don't understand like religious people follow the rites they've been told to follow

>>9792046
I have to disagree. Not everyone can participate in sketchy ICO's where a high percentage of them are scams or sell to insiders for a lot cheaper than a normal buyer. Obtaining a token through mining is much safer and more fair with this method of distribution. If you look at the current distribution of tokens, there are hardly any "whales" and is much more evenly divided compared to almost any other coin.

>>9792244
Ok then let's stick with the current model of creating ethereum network tokens out of thin air and selling them through ICO's which are scams 90% of the time.

Sure it has some use cases such funding a company to develop a coin, that is if they are legit, but totally decentralized distribution of a token through mining is a completely viable option.

>>9792046
Though they may be rewarded for securing the network they are required for the a network to stay alive. So what happens when there are not bitcoins left to mine? Only those with with cheap electricity and powerful machines will be able to keep it alive.
0xBTC could lose all its power and still survive something that BTC can not do.

>>9792244
>pajeet discords have mined this coin for months
no one holds more than 0.82% of the supply
the top 3 holders are exchanges
only 5 others hold 50k or more.

>>9792046
I think you're misunderstanding a little bit. ICO's are meant as fundraising for the devs, and are a one time event. Mining ensures that anyone can join at any time and they will be rewarded proportionally for the resources they put into mining. The non-speculative price of 0xBTC is inherently economically linked to mining, and is therefore both more stable and has a basis for value on a week to week basis. ICO's generally hold no non-speculative value and therefore are unfit to be store of value tokens.

>>9792414

There are over 100 years left before Bitcoin is fully mined.

Fees from mining still would exist (provided Bitcoin hasn't radically change).

It is unknown how cheap electricity will be or how powerful computers will be by this time.

Bitcoin is likely to change significantly by this time (if it even still exists).
The same can be said with Ethereum.

>>9792402
binary thinking is retarded, there's an infinity of models you can choose from
but for the record, the ICO model is still superior than PoW for fairness, as long as it's an actual ICO without presale or year-long duration
we all know 0xbtc is a scam too, so that particular word is really not one you should leverage at others (although of course, the oldest trick of the conman is to divert attention elsewhere)

>>9792685
>we all know 0xbtc is a scam too
explain how it is a scam
people keep saying it but no one has anything to back it up with

>>9792711
Its no more a scam than any other minable coin.

>>9792512
100 Years to fix the energy crisis or have the ability to remove the energy crisis entirely?
To remove it is economically more friendly.

>>9792711
>>9792685
It literally can't be a scam since "scam" implies you're being cheated out of some fair agreement. An ICO can be a scam because you were mislead about the prospects and potential of the product in order to enrich developers.

0xBTC can't be a scam since it's pure mined. The devs literally have no more power over this token than you or I do. The contract is public and immutable, it cannot change and if you don't like it don't invest. if you do like it, you are guaranteed as long as Ethereum exists that the contract will not change.

>>9792711
That's kind of like calling BTC a scam in the early days.
You know it's just a protocol right?
A series of codes used to distribute some chosen electrons.

>>9792734

Doesn't 0xBitcoin's proof of work use electricity too?

>>9792685

>there's an infinity of models you can choose from

Not being brash, but can you give me at least five different examples of distributing ethereum network tokens other than airdrops or ICO's that have been successful in the past if there really are that many different models of distribution? Genuinely curious. Preferably ones that are better, safer, and more fair than distribution through mining.

>>9792790
Yes but after every coin is mined it doesn't require a network in order to sustain itself unlike bitcoin.
After every coin is collected it lives within the Ethereum ecosystem essentially removing all the power problems that BTC has in the commining years.
The only thing that would be needed to sustain 0xBTC would be ETH miners.

>>9792244
>implying the very same pajeets who mined this shitcoin arn't the ones shilling it on /biz/ right this very moment

>>9792871
I mined 16 of them when they first showed up on this board and the quit because /biz/ fud.
I would have at least 30 right now.

>>9792871
see>>9792445

why cant someone else just make a better mineable eth coin like right now

>>9792923
they did. it's called 0xBTC. you're in a thread about it right now.

>>9792895
yeah fucking biz fud. i have no idea hwo to feel about this coin.

>>9792976
well, the price is down a bit. buy in or don't. you're a big boy, you can make decisions.

>>9793021
Already did I just realized it was people who have lost so much money in projects that are salty as fuck. If you really wanted to fud a coin you'd give some reasons and point out holes without boiling down to "pajeets, retards, and Muh stack"

>>9792895
I made it to 54 before the Difficulty got to high for me. And the the ddos's

STOP SHILLING THIS CRAP REEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>9792843
>if it hasn't been done before it can't be done
>give me a couple hours of free labor i will then nitpick endlessly
what is it with you discord pajeets and your reddit tier brand of passive aggressiveness and flawed logic? ideas don't spontaneously become reality, especially when there is little incentive for "fairness" in the current space at the current time. whether ICO con artists or discord pajeets, there's too much dumb money on the table begging to be fleeced

>>9793458

>literally no point or argument

>can't even come up with a theoretical solution after claiming their are an infinite amount.

If you're going to make some outlandish claim then at least back up with facts or examples and not autistic insults.

>>9793620
I second this claim to any other fudders.

>>9792079
I made the original link one and the 0xbtc one faggot stay salty you didn't get in sooner

This toxic post is nothing but proof this coin will dump.

>>9793743
As far as i can see the only toxic people here are the fudders.

>>9791894

>>9792711
They can't explain it because it's not

>>9792861
and the point with ETH is that it will be infinitely mined.