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/biz/ - Business & Finance

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9796042 No.9796042 [Reply] [Original]

1. Bitcoin cannot interact with smart contracts.

2. Although it can be used as a currency, Ether’s purpose is to pay smart contract fees. ERC-20 tokens are better currencies than Ether because they follow an ERC-20 protocol, which lets them interact with each other and smart contracts.To trade Ether directly with ERC-20 tokens, one has to turn their Ether into an ERC20 version of Ether. To do that, users “wrap” Ether by using a smart contract to trade Ether for an equal token called W-ETH. Converting ETH into W-ETH requires gas and is an inefficient process.

3. There is concern about the legality of ICO's. 0XBitcoin is not a security.

4. Mt. Gox addresses hold 140,000+ Bitcoin and the trustee has been selling them and crashing the market. Also, Bitcoin’s creator, Satoshi Nakamoto, has disappeared and could potentially hold 10% of the coin’s entire circulating supply.

5. Once all coins are mined, the power use issue ends while it continues for Bitcoin forever.

>> No.9796063
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9796063

>>9796042
Thank you anon.

>> No.9796104

Stop it,didn't you get the memo? this is a fud day, I need to buy some cheaper

>> No.9796125

>>9796104
shit i fucked up my days

>> No.9796159

>1. Bitcoin cannot interact with smart contracts.
Buy ERC20 tokens with Bitcoin in exchanges. Problem solved.

>2...
Buy ERC20 tokens with Bitcoin in exchanges. Problem solved.

>3...
No one cares. Problem solved.

>4..
0xBitcoin developers have mined most of the coins. 70% of hashrate is in 1 pool.

>5...
Nope. 0xBitcoin ming purpose is to process tx for newly minted coins. Bitcoin mining purpose is to process tx for newly minted coins AND OR tx fees.

When 0xBitcoin is fully distributed, no new coins can be minted therefore all miners die = transactions dead = 0xBitcoin micro economy dead

>> No.9796173
File: 153 KB, 1024x692, lintrain.jpg [View same] [iqdb] [saucenao] [google]
9796173

understanding 0xBTC:
1. 0xBTC uses same hashing algo like Bitcoin
and posible mining 0xBTC with ASIC hardware
2. But dont have public avalable 0xBTC miner with ASIC support
3. The reward_halfing time is very low
4. So now most coins actualy mined buy the developer
-----------------------
Summary: it the same Pajeet-Pansun scheme like picture related, good luck investing in this scam

>> No.9796179
File: 7 KB, 221x250, brainlet.jpg [View same] [iqdb] [saucenao] [google]
9796179

>>9796159
>transaction dead

>> No.9796183

>>9796173
go away rajesh. you're literally spam.

>> No.9796192
File: 110 KB, 1297x787, 0xBTC holders.png [View same] [iqdb] [saucenao] [google]
9796192

>>9796159

>> No.9796237
File: 323 KB, 750x1081, FFDBA693-6F74-4EDA-86E4-8902099D5E04.jpg [View same] [iqdb] [saucenao] [google]
9796237

>>9796159
Looks a lot more fair than 70% to one pool.

>> No.9796309
File: 426 KB, 2208x1242, 480BD4A9-C15F-4A44-9EF2-2D3F79B61662.png [View same] [iqdb] [saucenao] [google]
9796309

Current holders

>> No.9796328
File: 316 KB, 1202x632, 1526320728194.png [View same] [iqdb] [saucenao] [google]
9796328

>>9796042
>1. Bitcoin cannot interact with smart contracts.
>stop right there criminal scum

>> No.9796357
File: 92 KB, 680x680, ETH_EXIT.jpg [View same] [iqdb] [saucenao] [google]
9796357

>>9796183
>>9796183
>spam
spreading live-saving information

>> No.9796372

>>9796309
ALL (not only top) adresses is belong to the developer

>> No.9796374

>>9796357
>posting the exact same pasta and images (same filenames even) in every thread
>not spam

>> No.9796433

>>9796309
Craig Wright and Roger Ver have a top 1% wallet of bitcoin that. Your point?