/biz/ - Business & Finance

[Anonymous No.10371503]

Everyone who FUDs this coin is a pajeet

[Anonymous No.10371553]

Nobody needs to fud it. It fuds itself.

[Anonymous No.10371570]

>>10371503
the pajeets who shill it are so bad at it they pretty much fud it
so i guess you're technically correct

[Anonymous No.10371594]

>>10371503
i hate to say it, as an advocate of 0xBitcoin, this coin is looking pretty dead. 3-4 weeks of bouncing between 0017-0018. 90% of it wash traded by mercatox, because that's the price they received the coins at. and then on top of that, no new buyers. and then on top of that... the general consensus across the cryptosphere is that this token is no different than any other erc-20, but the one defining difference is no use case, nor a platform. Just a community trying to reward itself off Bitcoin's name.

I really had high hopes for this token. But with everything I stated above, there's one more glaring issue-- the difficulty is too high to be profitable. And I know 0xBitcoiners love to say "it'll readjust, and itll be profitable again" and yeah it might, but it hasn't in almost a month because of....no new miners are coming in. And old miners are shifting their rigs to more profitable coins/tokens. It's a vicious feedback loop that's deteriorating the brand into nothing. So unless the community creates one of these provably fair games, an 0xBitcoin exchange, or something else to draw the attention of potential buyers... 0xBitcoin, sadly, is probably dead in the water. Even merge-mining, the communities answer to these faults, couldn't even spark the gears again. So honestly, I think it's time to start reevaluating your position inside this token.

[Anonymous No.10371620]

Wasn't there supposed to be a difficulty adjustment soon?

[Anonymous No.10371633]

>>10371594
Why is the difficulty being too high even a flaw? So what fuck the miners.

>it hasn’t mooned for 3-4 weeks
>dead

>deflationary token on ETH perfect store of value and speculative commodity on the future blockchain of the world and compatible with smart contracts
>no use case

[Anonymous No.10371692]

>>10371633
Dude... fuck the miners? are you for real? The coin would LITERALLY be dead in the water, with no blocks mined and no transactions processed, if all the miners left. AND that's what's happening. It sucks. You have 1-2 pools still remaining. And if you're apart of their discord, you will quickly realize they are losing money on every block mined.

[Anonymous No.10371733]

Brilliant. Shitcoin genocide when.

[Anonymous No.10371755]

>>10371692
Are you saying this ETH token cannot be sent if no one is mining it? Surely it gets transferred like any other ETH token

[Anonymous No.10371789]

>>10371503

[Anonymous No.10371820]

>>10371594

[Anonymous No.10371862]

>>10371755
your token again quite LITERALLY advertises itself as a "purely mined currency"

[Anonymous No.10371901]

If you're not holding a small stack of 0x just because of the Coinbase hype, you're a fucking dumb ass dumb fucking idiot.
OR
If you're not swing trading 0x between 14k and 17k sats, you're missing out on easy money.

[Anonymous No.10371902]

>>10371862
You're a retard. 'advocate of 0xBitcoin' my big fat ass

[Anonymous No.10371907]

>>10371862
"...on the Ethereum network"

[Anonymous No.10372062]

>>10371594
> 3-4 weeks of bouncing between 0017-0018
Price has pretty much been at a steady floor for 1 month, seems like the opposite of dead. Its floor is double what it was 45 days ago ($0.45) and 10x what it was 100 days ago ($0.10). Just because it hasn't mooned doesn't mean it's a dead token. It's actually quite a strong indicator to me that the price is steady and not in that classic slow death phase.

> The general consensus across the cryptosphere is that this token is no different than any other erc-20
Not enough people even know what this token is for you to claim something like community consensus lmao... also how can a token both be "generic" and also the very first of its kind on Ethereum to be pure mined?

> the difficulty is too high to be profitable
> 0xBitcoiners love to say "it'll readjust, and itll be profitable again" and yeah it might, but it hasn't in almost a month because of....no new miners are coming in. And old miners are shifting their rigs to more profitable coins/tokens.

Yes, 0xBTC is not profitable to mine right now because of a large difficulty spike. But that has no effect on the token at all. Since you can still transfer tokens on Ethereum without 0xBTC reward blocks being minted, 0xBTC is immune to the "death spiral", which BTC is susceptible to. You can see on the stats page that out of the 1024 blocks needed for readjustment, only 74 remain. There is a hashrate floor from committed community members who mine on a loss so I'm not concerned. I also wouldn't be concerned if it took 6 months to readjust. That would just mean that very little new supply would be introduced for that time.

>>10371620
https://0x1d00ffff.github.io/0xBTC-Stats/?page=stats&# 74 more reward blocks, around 3-5 days at current hash rates which have been steady for a couple weeks.

>>10371692
That's actually false, 0xBTC is death spiral immune. Your 0xBTC can transfer with ease as any other ERC20 token even if another block is never minted.

[Anonymous No.10372938]

DYOR times ten for this coin.

Its potential to fuck up the bitcoin-(cash, gold, etc) markets is a significant enough selling point for most. Beyond that, the potential for neet whale adoption is very high right now, and it has been moving slowly upward on IDEX as of late. I unironically love the marriage of 0x and BTC.

[Anonymous No.10372986]

[Anonymous No.10373433]

>>10372938
This coin is the most gay thing on biz since bazingacoin. That is really the only interesting thing about it.

[Anonymous No.10373573]

>>10373433
Another screen for my folder when 0xbtc gets 100$

i will make threads everyday posting you retards

[Anonymous No.10373586]

>>10373433
you're gay.

[Anonymous No.10373618]

>>10373586
fuckkkkkkkkk i wantttttt

[Anonymous No.10373662]

>>10373618
Give me all your 0xBTC meme juju and maybe you can have a taste, sweetie ;^)

[Anonymous No.10374009]

>>10373573

Put me in the screencap 0xBitcoin bro!

[Anonymous No.10374040]

SOON

[Anonymous No.10374064]

>>10374040

TO THE MOON