/biz/ - Business & Finance

[Anonymous No.10877838]

Strap in boys it happening tonight!

[Judge Doom !WiteRY.r/o No.10877868]

>>10877838

It’s not that these Pajeets are different or savages but that they reveal their true nature on /biz/ trying to scam everyone into their crypto frauds and it is their very soul that everyone here despises.

When I was still a child I felt compassion toward those unfortunate members of those underdeveloped cultures but when I got older I realized that their misery is the mirror image of their own characters. They call you sir and friend but all they really want is to rob your money. And furthermore they also behave the same way toward their own kind.

Every time I go to a flea market I see those dark skinned professional traders selling cheap low quality stuff. Yet no matter how cheap these things are they are never worth the price:
>Dull knifes that bend like plastic
>Fake diesel watches with buttons for a stopwatch yet these buttons are not functional
>Headphones that break after a few months
And they are also selling that crap to each other. I see them every day and hear them talking to each other and they never complain about such behavior but brag instead.

[Judge Doom !WiteRY.r/o No.10877875]

>>10877868

Suddenly it became very clear to me why Chinese concrete crumbles on touch, why Africa has no running water or electricity or why Indian code entirely is worthless. No matter how bad things are, they will never stop stealing and start producing like an honest person but will instead turn every productive endeavor into just another scam. They do not understand character building, their personalities are guided by nothing but lower instincts and their souls are devoid of all higher aspirations. They are cursed to turn everything they touch into dust and all you can do is keep them out of your society.

Every new shitcoin is just another proof of this and the market cap of all those scamtokens is the measure of their corruption. This is the reason why I am not only justified to do whatever I want to get rid of those Pajeets but it is every /biz/tards duty to keep this board alive. This is how full/pol/ dealt with their shills and look at their results. There they have real discussions and post so long that they are divided into multiple paragraphs. This is what /biz/ looked like in the past and I believe that it is possible to make /biz/ great again.

[Anonymous No.10877905]

>>10877875
Fuck you with your nostalgic view of what biz was or could be .
This is a cesspool for degenerate gamblers trying to squeeze out one last winner so they do not need to face reality in the morning that they might need to actually start wagecucking.
Some of us win, most of use lose.

[Anonymous No.10878001]

Nothing's happening tonight or for the foreseeable future because nobody is trading this coin. I've been buying a few every once in a while and the only liquidity is on mercatox, where 95% of the volume is bots doing obvious wash trades inside the ultra wide spread

[Anonymous No.10878010]

>>10877868
>>10877875
stop replying to yourself faggot

[Anonymous No.10878286]

Strap back out

[Anonymous No.10878374]

>>10878001
This, the liquidity is unbelievably low for a crypto with such an active community. We'll only see an upturn when the difficulty drops and the community manages to get the new exchange listings funded.

[Anonymous No.10878436]

>>10877838
it will happen but just not tonight hahahahaha

[Anonymous No.10878441]

this coin is a scam

[Anonymous No.10878471]

>>10878441
In what manner is it a scam?

[Anonymous No.10878487]

577 link reporting for duty

[Anonymous No.10878499]

>>10878471
The /biz/ conspiracy theory on it seems to be that all 4377 wallets are owned by a single indian man who did all the early mining

[Anonymous No.10878502]

>>10878471
developers mined a lot of coins very early with easy mining dificulty and now they are shilling to dump their bags, that is all

[Anonymous No.10878506]

>>10877868
>>10877875
Baited out right on cue. What a pompous faggot

[Anonymous No.10878548]

>>10878502
Everybody could mine quite a lot of coins early on, not only the developers, that's just how PoW coins with readjusting difficulties work. The contract deployer has under 20k 0xBTC

[Anonymous No.10878554]

>>10878499
btw if you're here mr. agarwal and you want to sell me your bags I'll buy some for 0.0017 eth

[Anonymous No.10878573]

>>10878548
that is how the scam works, it looks legit because "it's pow lmao" but the developers mined a lot of it since it was really easy and they could get tons of coins really cheap
and then, only after that, they started shilling

[Anonymous No.10878598]

>>10878573
If that is a scam then every single crypto on coinmarketcap is a scam.

[Anonymous No.10878611]

>>10878573
It was actually publicly announced on day 1, the devs didn't premine anything before everyone else could mine as well. Is Bitcoin also a scam because early miners could easily acquire a lot of BTC?

[Anonymous No.10878638]

>>10878598
It's not a downright white paper scam, but until the difficulty adjusts and rewards are going out you should not be in this coin, just a slow bleedout.

[Anonymous No.10878695]

>>10878611
>>10878598
its a scam because it was created with the sole purpose of mining a lot early and then dumping on people, it has no fundamentals

[Anonymous No.10878707]

>>10878573
This. It's whole "thing" is that it has good distribution, when there is no reason to think the distribution is good at all, and any reasonable person would assume the opposite.
That's enough to call it a scam.

[Anonymous No.10878711]

0xcoins are a scam, there is nothing useful about them

[Anonymous No.10878720]

>>10878695
> Being this fucking retarted

You won't never make it

[Anonymous No.10878721]

>>10878695
And you know this because you are telepathically connected with the contract deployer and are aware of all of his intentions? It has the exact same fundamentals as Bitcoin, except unlike Bitcoin it's compatible with the Ethereum platform.

[Anonymous No.10878732]

>>10878638
>>10878695
>>10878707
Pathetic FUD really boys.

>it has no fundamentals
Your mum has fundamentals.

>it was created to be mined early
Your mum was created to be mined early

>there is no reason to think there is good distribution
There’s no reason to think your mum isn’t a fat bitch

[Anonymous No.10878754]

>>10878721
it has absolutely nothing to do with bitcoin, it is just pow, developers are taking advantage of the bitcoin "brand name" and cryptocurrency hype and people's faith that their shitcoin is going to moon

[Anonymous No.10878771]

>>10878754
It’s similarity with bitcoin goes beyond the name you utter dribbling cretin

[Anonymous No.10878791]

>>10878771
>It’s similarity with bitcoin goes beyond the name
not beyond being mineable, and being mineable doesn't mean it's bitcoin
it is a erc20 token, nothing to do with bitcoin beyond the name

[Anonymous No.10878806]

>>10878754
It actually has everything to do with Bitcoin, or rather the ideas that underlie it. Just like Bitcoin, it is a decentralized PoW currency that is solely community-driven and does not have any central control. But unlike Bitcoin, it can interact with smart contracts and - get this - it's the first PoW crypto that will not die when miners stop mining it. You can still use 0xBTC perfectly fine even if it has a hashrate of 0. If that's not a revolutionary innovation, then I don't know what you're waiting for.

[Anonymous No.10878837]

>>10878732
Wew that's a lot of anger over a shitcoin.
How deep are you underwater?

[Anonymous No.10878862]

>>10878806
it is tied to ethereum and has all the same underlying properties of more than 1000 erc20 tokens existent, there is nothing revolutionary about it
>You can still use 0xBTC perfectly fine even if it has a hashrate of 0
not if ethereum has a hash rate of 0
stop using misleading statements that are technically false

[Anonymous No.10878876]

>>10878791
Bitcoin is:
>PoW mined
>decentralized
>scarce
>hardcapped at 21 mil
>open-source

0xBTC is all of the above, plus:
>immune to 51% attacks
>immutable
>not reliant on miners to survive
>compatible with smart contracts

[Anonymous No.10878940]

>>10878862
>it is tied to ethereum and has all the same underlying properties of more than 1000 erc20 tokens existent, there is nothing revolutionary about it
Yes, it is absolutely tied to Ethereum, but that applies both in bad as well as good outcomes. If Ethereum falls out of use, then 0xBTC is also useless. But if Ethereum manages to scale and becames widely used, then 0xBTC will automatically also scale with it. And it is not quite the same as the 1000 ERC20 tokens that came before it, since all of the previous ERC20s started out in the hands of one single guy. If you can't see how that is a massive flaw when creating a cryptocurrency, then you can just stick to fiat.

>not if Ethereum has a hashrate of 0
Ethereum will go PoS soon, so absolutely no mining will have to be done in order to transact with 0xBitcoins. At the moment, yes, Ethereum still has to be mined in order for 0xBTC to function, but investing isn't about the moment, it's about the future. Wouldn't you want to be already holding 0xBTC when ETH goes PoS and miners turn towards 0xBTC?

[Anonymous No.10878974]

that being said, 0xbitcoin shilling is orientated to people with low technical knowledge, anyone that does research would know inmediately how shills use misleading statements that look legit but aren't
>>10878876
>Bitcoin is:
those properties, which are all derivated from ethereum, doesn't make it bitcoin, it is a erc20 token still.
>0xBTC is all of the above, plus:
that is false and misleading, 0xbitcoin is vulnerable to all the possible atacks on the ethereum network
>>10878940
0xbitcoin is tied and dependent on the success of ethereum but not vice versa, there is a lot of point of failures for 0xbitcoin.

[Anonymous No.10878982]

POO IN THE LOO

[Anonymous No.10879014]

>>10877838
OP for the love of god stop posting this shit daily, you are doing this project a huge disservice.

[Anonymous No.10879041]

>>10879014
i agree this post really looks scammy and biz is full of 0x haters anyway no sense posting this all day should focus on other forums without all this sad haters

[Anonymous No.10879045]

>>10878974
>those properties, which are all derivated from ethereum, doesn't make it bitcoin, it is a erc20 token still.
I never said it is a replacement for Bitcoin, but it does share all of the main aspects of Bitcoin. Being an ERC20 token does not mean it can't share the same fundamentals as Bitcoin.
>that is false and misleading, 0xbitcoin is vulnerable to all the possible atacks on the ethereum network
Obviously all ERC20 tokens are vulnerable if you attack the whole Ethereum network, but how does that refute what I said? It is still the only PoW crypto not reliant on miners to survive, it is still the only PoW crypto immune to 51% attacks against it and it is still the only pure mined currency compatible with smart contracts. I know that you will not admit that you can't counter my arguments, but I'm not trying to convince you, I'm trying to convince any impartial readers. And they will immediately see that you're wiggling like motherfucker and avoiding actually answering any of my points.

>0xbitcoin is tied and dependent on the success of ethereum but not vice versa, there is a lot of point of failures for 0xbitcoin.
That is true, Ethereum can succeed without 0xBitcoin, but 0xBitcoin can not succeed without Ethereum. That being said, the marketcap for 0xBTC is currently under 2 mil, while ETH's mcap is just under 30 billion USD. The risks are higher with 0xBTC, but the potential rewards are massive.

[Anonymous No.10879115]

[Anonymous No.10879204]

>>10879045
>but it does share all of the main aspects of Bitcoin.
all the mineable coins with their own blockchains share the main aspects of bitcoin, that doesn't make any of those coins bitcoin itself, and 0xbitcoin is the only that tries to take advantage of the bitcoin "brand name"
>but how does that refute what I said?
what you said is misleading, as if it would be properties only found in 0xbitcoin instead of all erc20 tokens
being mineable by pow doesn't make it any valuable as 0xbitcoin shills try to make it look like,
why would 0xbitcoin be any valuable to any of the tens of similar coins exactly like it, like the ones i posted here >>10878711
>it is still the only PoW crypto immune to 51% attacks
because the pow part doesn't secure the network, it doesn't do anything at all other than creating coins, it is a complete waste of energy just to "distribute the coins fairly" which is false too, since the logarithmic nature of pow makes the early miners get a unfairly big ammount of coins.
>That being said, the marketcap for 0xBTC is currently under 2 mil, while ETH's mcap is just under 30 billion USD. The risks are higher with 0xBTC, but the potential rewards are massive.
because other coins have massive market cap doesn't mean 0xbitcoin, being as it is, without any use case, could be as valuable as them.
this is only one example of the missleading statements 0xbitcoin shills like to tell

[Anonymous No.10879233]

>>10879204
*why would 0xbitcoin be more valuable than any of the tens of similar coins, like the ones i posted here >>10878711*

[Anonymous No.10879248]

>>10877875
based judge doom doing the needful

[Anonymous No.10879265]

>>10879233
Because here we all are discussing it. It’s already a thing now.

[Anonymous No.10879315]

>>10879265
all the shills come from a pajeet scammer discord group that only shills in 4chan, there is literally no 0xbitcoin community outside 4chan and the discord shilling group, that doesn't make it valuable, what makes a coin valuable are things like getting adoption by being useful, not by a community that only want profits and would leave as soon as it becomes less profitable

[Anonymous No.10879335]

>>10879204
>all the mineable coins with their own blockchains share the main aspects of bitcoin, that doesn't make any of those coins bitcoin itself, and 0xbitcoin is the only that tries to take advantage of the bitcoin "brand name"
And all of those other mineable coins are not compatible with smart contracts. That's why it's called "0x"Bitcoin - the "0x" stands for the Ethereum network. Creating a 1000 different stand-alone mineable coins is not innovation, creating the first mineable token that can interact with smart contracts is absolutely innovation. It is the first of its kind, it will basically hold a monopoly on Ethereum-compatible PoW coins when Casper is implemented.

>what you said is misleading, as if it would be properties only found in 0xbitcoin instead of all erc20 tokens
Properties like scarcity, PoW mining and honest, open-source distribution is not found in any other ERC20 token besides 0xBitcoin. You either have no idea what you're talking about or, more likely, you're just deliberately trying to mislead people.

>being mineable by pow doesn't make it any valuable
It actually does, since it is the only way of ensuring an honest distribution. All other ERC20s were distributed by a single person, just like the Federal Reserve is the only entity that can issue USD. If you're okay with non-mined ERC20s, then you might just as well "invest" in fiat.

>because the pow part doesn't secure the network
The "securing the network" part in most PoW coins is a drawback, not a feature, once you really think about it. It means they NEED to be mined, otherwise they die. 0xBitcoin is secured by a platform that will soon go PoS, meaning it will enjoy the synergy of PoS security and PoW distribution.

> it is a complete waste of energy
It actually preserves energy, since unlike Bitcoin, it does not need to be mined indefinitely in order to be usable. Once the total supply is mined out, it can live forever on the Ethereum network.

[Anonymous No.10879356]

>>10879315
Seems to me like I was on 4chan /biz/ before you.

I remember when we all got kicked out of /pol/ and /g/ and /biz/ was created. Seems like you’re a newfag. I discuss cryptocurrency exclusively here and nowhere else and I happen to like 0xBTC so deal with it because I haven’t stopped posting for many years and I’m not about to start not posting any time soon

[Anonymous No.10879358]

>>10879204
>early miners get a unfairly big ammount of coins.
It's like that with all PoW coins, it incentivizes adoption. If you are unhappy with early 0xBTC miners receiving a lot of tokens, then you probably think BTC is shit as well.

>because other coins have massive market cap doesn't mean 0xbitcoin, being as it is, without any use case, could be as valuable as them.
I'm not saying 0xBTC will ever be as big as ETH, I'm only pointing out that it has much more room to grow. Which is more likely, 0xBTC going to 20M or ETH going to 300B?

[Anonymous No.10879393]

>>10879358
0xBTC going to 20 mil market cap is a near certainty.

That’s 30x

[Anonymous No.10879438]

>>10879393
More like a 14x actually, and while I don't dare to say that anything is certain in crypto, then I do see it to be one of the most likely gainers.

[Anonymous No.10879505]

>>10879335
you ignored the whole thing about "bitcoin" and just explained why it is "0x" which nobody is arguing about, you lost that argument and now you are trying to shape my argument into something more convenient and draw the focus of the discussion to something diferent.
so, again, 0xbitcoin has nothing to do with bitcoin and shills are using the "bitcoin brand name" to profit from it
>And all of those other mineable coins are not compatible with smart contracts.
all of those coins in the image i posted above are 0x coins compatible with smart contracts.
>Properties like scarcity
that are found in nearly every cryptocurrency
>PoW mining
that doesn't make it any valuable by itself
>open-source
a property shared by all the other cryptocurrencies
>honest distribution
that is false since logarithmic nature of pow makes the early miners get a unfairly big ammount of coins.
>Which is more likely, 0xBTC going to 20M or ETH going to 300B?
there is no reason for this erc20 token with no use case to reach that market cap
>>10879356
>b but i will not stop posting!
nothing relevant here
>It actually preserves energy, since unlike Bitcoin,
it doesn't, erc20 coins being pow is a total waste of energy

the only argument this shitcoin shills have is
>honest distribution
which i already disproved.

[Anonymous No.10879537]

this coin has nobody pushing for it's success long term, it has no roadmap,no nothing, just a bunch of pajeet shills trying to make you buy so they can break even, and a lot of miners that mined it for the lulz and now are shilling to sell it higher

[Anonymous No.10879569]

>>10879537
Reminder that 2011 bitcoin had no use-case, no utility, no purpose, and was not accepted by any merchants as payment. Miners have been mining this coin years and are shilling so they can try to pump the price and unload their bags on you AGAIN. Look at the chart, it just happenes again and again and again.

Bitcoin in 2011 was a confirmed pajeet scam coin and I pity anyone stupid enough to think they can ride the wave up, because the carpet will be yanked out from beneath your feet unexpectedly.

[Anonymous No.10879633]

>>10879505

>0xbitcoin has nothing to do with bitcoin
Repeating this does not make this true. Both Bitcoin and 0xBitcoin are capped at 21 mil and thus scarce, PoW-mined and thus hard to obtain, open-sourced, fairly-distributed deflationary cryptocurrencies. It shares every single main feature of Bitcoin and you can not prove otherwise.

>all of those coins in the image i posted above are 0x coins compatible with smart contracts.
And all of those are simply copies of 0xBitcoin. It is the first, the one with the largest community and the most likely to succeed. Bitcoin also inspired a whole bunch of copies by people who thought they were "too late". As they say, imitation is the sincerest form of flattery.

>that are found in nearly every cryptocurrency
Most ERC20 tokens are not hard to create since they were created by the deployer with a single click. Thus, they are not scarce,.

>that doesn't make it any valuable by itself
PoW mining is an absolute must for fair distribution , which IS valuable in a currency

>a property shared by all the other cryptocurrencies
Not quite, while it is rare, then it is not unheard of. The most famous closed-source crypto is probably BCC, and other scams like it are also very likely to be closed-source to prevent people from figuring out that they are scams. The fact that 0xBTC is open-source means that it can not be a scam, otherwise it would not have survived for over half a year.

>that is false since logarithmic nature of pow makes the early miners get a unfairly big ammount of coins.
It's not unfair, early adopters are rewarded more to encourage adoption. The earlier you get in, the bigger your rewards. "Fair" distribution isn't some commie dream where everyone gets airdropped the same amount of ERC20 shitcoins that were poofed into existence out of nothing. "Fair" means that everyone can choose to mine, it is open to absolutely everyone. If you choose not to mine, then tough luck.

[Anonymous No.10879640]

>>10879505
>>10879537
>>10879569

Hahaha being THIS unironcally THIS dumb

[Anonymous No.10879672]

>>10879505
>it doesn't, erc20 coins being pow is a total waste of energy
The energy contributed towards it creates a soft price floor for the currency and ensures a fair distribution. If you have a better means of distribution that you would like to suggest, then I'm all ears. In addition, it saves energy in the long run, since, as I mention, a second-layer PoW currency does not need to be mined forever in order to function, while BTC will be hogging electricity as long as it exists.

>which i already disproved.
No, you didn't, you simply misunderstood it and then went on to valiantly beat that strawman. There are no alternatives to PoW distribution, all other methods introduce human error and corruptibility, which defeats the whole purpose of even creating a cryptocurrency.

[Anonymous No.10879673]

>>10879358
Would be interesting if this shit-token would be half as successful if it wouldn´t have the name "Bitcoin" in it. Seriously doubt that. Vote for 0x4chan rebranding - immediate going to 0 confirmed.

[Anonymous No.10879684]

>>10879537
It has no roadmap because it is finished. It's an immutable, open-source smart contract. It can not be hacked, forked or changed in any other way. You know exactly what you're getting.

[Anonymous No.10879773]

>>10879569
Every coin who rips of the name Bitcoin is a loser and doesnt deserve to be a winner in any kind cause it couldn´t get the publicity on its own. So fuck 0xBtc.

[Anonymous No.10879899]

>>10879633
resume: how is this a scam?
the logarithmic nature of pow made it easy for the founders to mine thousands of coins for a little price, then they start shilling in 4chan to dump on other people,
about the coin itself:
0xbitcoin is a absolute shitcoin that brings nothing new to the crypto space, shills try to explain why it would be succesful comparing to bitcoin and ignoring the fact that bitcoin success was because of first mover advantage, and that it was revolutionary back in 2009, 0xbitcoin shills think they are going to get rich by inventing the wheel in the current fucking year 2018
0xbitcoin has nothing to do with bitcoin, it just shares some properties of pow mined coins, a coin having 21m max supply doesn't make it bitcoin or worthy being called bitcoin, 0xbitcoin having "bitcoin" in its name is just to fool people with little technical knowledge, these scams are orientated to pajeets, mostly
the only remarkable "property" is:
>fair distribution
which is false, as explained above, founders got a unfairly big ammount of coins
>compatible with smart contracts
this is nothing special, all the erc20 tokens have this property, it is shared with hundreds of other coins,
all the other properties are inherited from ethereum

there is no clear future for this coin, it depends completely in a community that expect profits and would leave as soon as it stops being profitable, not from being useful in any way
0xbitcoin is not being used by anyone anyways
0xbitcoin shill are using the hype and belief of some investors that all the coins are going to moon, and sell the idea that the coin is going to reach values as high as bitcoin

[Anonymous No.10879977]

>>10879537
>it has no roadmap
ICO cuck detected. Keep watching those weekly updates and praying that someone else has developed something useful. Keep praying that an abstract idea materializes into a finished project of value. That worked out real well in the past 6 months.

0xBitcoin is fucking finished. The smart contract can never be changed.

[Anonymous No.10880018]

>>10879977
>you can't get scammed if the coin isn't intended to do anything in the first place

[Anonymous No.10880155]

>>10880018
If you really cannot understand why a PoW distributed, scarce, deflationary asset is better suited than Ether to be a store of value in the Ethereum ecosystem then you might as well get out of crypto and invest in your fiat saving's account.

[Anonymous No.10880188]

>>10880155
Except that's total bullshit. But whatever. Look at the chart. Those bags are yours forever dickhead.

[Anonymous No.10880211]

>>10879899
>the logarithmic nature of pow made it easy for the founders to mine thousands of coins for a little price, then they start shilling in 4chan to dump on other people,
Is Bitcoin a scam, yes or no? This is just like Bitcoin, early comers get more rewards, Satoshi himself mined almost a million BTC. If you dislike 0xBitcoin, then you must also dislike Bitcoin.

Basically you're just running around in circles trying to play stupid (not that there's a whole lot of playing involved), so I'll just make this real easy for you. In the far away times of before 2018, you had things that were either
>A: pure PoW mined
>B: compatible with smart contracts
0xBitcoin is the first cryptocurrency ever to exist that combines A and B into one asset. If smart contracts are widely adopted, then they will need some kind of a medium of exchange, a currency if you will. What better asset to use than one that incorporates all of the principles of good ol' Bitcoin onto the Ethereum network?

>founders got a unfairly big ammount of coins
The distribution is fair, since anyone could have mined it since day 1. Giving everyone in the world an equal amount of something for doing nothing is not fair distribution, giving everyone in the world the OPPORTUNITY to work to obtain something is fair distribution. It's just pathetic how 0xBitcoin fudders simply have to blindly keep repeating their mantra, even when everything they have to say has been completely countered. Pic related describes the likes of you perfectly, I made it specially for you, enjoy.

Oh, and btw, it's spelled "amount", you incredible pajeet, not "ammount". It shouldn't be too hard to write correctly with a spellchecker.

[Anonymous No.10880263]

>>10880211
>2018
>trying to copy bitcoin and shill it as something revolutionary
0xBitcoin is the first cryptocurrency ever to exist that combines old tech and something that hundreds of coins already have
>thinking that anyone is going to use one of the most iliquid shitcoins in the market as a medium of exchange

[Anonymous No.10880383]

>>10880263
Those hundreds of coins are all literally chuck-e-cheese tokens. Some guy pressed a button and was given the whole supply of those tokens ever to exist. That's how it was with every ERC20 token before 0xBTC. If you really don't understand why that is bad and how PoW mining massively improves on that, then you're just a lost cause.
And yeah, no shit a token that is less than 6 months old and didn't have an ICO to raise funds does'nt have a whole lot of volume. Bitcoin was over a year old when some guy tried to sell 10,000 BTC for a total of $50 and no one wanted to buy. So you can feel free to wait and buy in when there's a lot more liquidity.

[Anonymous No.10880437]

>>10880383
what you are doing is not special shit either, you are using your computer to print money and not really contributing anything to it, just pocketing money to yourself

[Anonymous No.10880467]

>>>10880437
>what you are doing is not special shit either, you are using your computer to print money

I'm sorry have you missed the past 11 years of Bitcoins history?

[Anonymous No.10880526]

>>10880467
I'm sorry have you missed the past 11 years of Bitcoins history?
at least with bitcoin they also serve to secure the network, with 0xbtc no, mining is just printing and putting in their pocked without giving anything in exchange
some mining giant could start mining anytime and get most of the coins and dump on you pajeets, that would only lose money since that mining giant wouldnt contribute to the network at all

[Anonymous No.10880567]

>>10880526
>pajeets

Everything you say is void. Also I would rather have distribution. where the top holder only holds .1% of the total supply instead 28%. ICO's are just going to continue dumping on faggots like you who are dumb enough to keep investing into them.

[Anonymous No.10880654]

*plugs ears*
>lalalala i can't hear you, EVERYTHING YOU SAY IS VOID
lmao rite

[Anonymous No.10880714]

>>10880437
You are looking at it on a small scale, try to zoom out. If I am entering into a smart contract with someone, then we will need to agree on a currency in which the payment is done. It would be great to use widespread cryptos like Bitcoin or Litecoin, but unfortunately the smart contract can not understand them and we are limited to using ERC20 tokens. Would you rather use an ERC20 token that you know has been mined using PoW, where everyone started out with 0 and had to work their way up, or would you be okay with using a token that all started out in the hands of one person? That one person can say that he did a fair airdrop and distributed it among a large amount of people, but since all of the Ethereum addresses are anonymous, then we really have no way of checking whether or not he actually kept a huge amount of the supply to himself. Therefore, we are simply forced to trust him.

And that is exactly where mining comes into play. Even if what you say is true and the developers have mined a whole lot from very early on, what's the absolute most they could have mined by now? Only 3 million total have been mined, and there have been hundreds of active miners since at least April which was when I began watching the mining pools. With such competition, the developers would have been lucky to acquire 50k 0xBTC at most. Now, this is still quite a large amount, but most ICOs keep anywhere from 30% to 70% of the tokens for themselves, whereas 50k would only be 2.3% of the total supply (and, keep in mind, even that 50k is a highball number). This ensures that you don't have to trust any dev teams not to dump on you, because there aren't any dev teams who could.

tl;dr Mining makes 0xBTC trustless, with all other ERC20 tokens you have to trust the dev team not to dump on your ass

[Anonymous No.10880737]

>>10880526
Just so you understand... miners are supposed to sell their coins for distribution. That is by design not a flaw. This is why it is not a concern that mining requires resources, since they can sell their coins at market to cover their costs. Of the 17.2 million BTC mined, the VAST majority of them have been "dumped" by miners. That's why you and I (I hope) have Bitcoin in our wallets, because miners "dumped" on us.

> that mining giant wouldnt contribute to the network at all
Are you concerned about the security of the Ethereum network...? Or....? If you think that Ethereum is not a secure network then I have to disagree with you strongly.

Also please read these articles to educate yourself about how 0xBTC mining can be programmable to determine arbitrary events in a decentralized manner:

https://medium.com/@admazzola/tokenminingpool-com-now-supports-miningking-and-doublekingsreward-264dee0761e2

https://medium.com/@admazzola/a-revolutionary-new-ethereum-smart-contract-pow-king-of-the-hill-5b68e6d9a51c

If you've bothered to keep up and educate yourself on the topic you seem to have strong opinions on, you'd have found that 0xBitcoin mining is being developed for use in relay network governance and could potentially be further adapted for side chain governance.

[Anonymous No.10880836]

>>10880714
>>10880714
>You are looking at it on a small scale, try to zoom out. If I am entering into a smart contract with someone, then we will need to agree on a currency in which the payment is done.
and logically that currency would be a currency of preference of one of the parties or the most liquid/least volatile coin available, which could be some fiat pegged crypto, not this absolute shitcoin
everything you said about why 0xbitcoin would be used is just opinions and ilogical bagholder wishful thinking, using a coin with the properties above would be more logical, instead of using one of the most iliquid shitcoin in the market for ideological cult-like reasons
>it is not a concern that mining requires resources,
even pos would be much better and less wasteful

[Anonymous No.10880929]

>>10880836
>illiquid over and over
The liquidity will come once people need a trustless currency for their smart contracts and realize 0xBTC is the only one. If you really think that some ERC20 shitcoin that's pegged to fiat will be the most widely used asset on the Ethereum network, then you clearly have no idea what this whole crypto thing is all about.

[Anonymous No.10880955]

>>10880929
>then you clearly have no idea what this whole crypto thing is all about.
>the most used and liquid coin in the market besides bitcoin
>USDT
really makes me think

[Anonymous No.10880960]

>>10880836
>which could be some fiat pegged crypto
If people wanted to use fiat pegged crypto as a store of wealth then Tether would be the #1 crypto, not Bitcoin. Do you even understand that people convert their fiat to crypto as a hedge against inflation? Why are you even on a crypto board if you think government controlled fiat currency will be the preferred medium of exchange on Ethereum (or any blockchain)?

[Anonymous No.10880996]

>>10880960
>as a store of wealth
i said, as a mean of exchange, and 0xbitcoin isn't fit for store of wealth either

[Anonymous No.10881002]

>>10880955
>besides bitcoin
>besides
yeah, really should make you think.

[Anonymous No.10881036]

>>10881002
again, this erc20 token has nothing to do with bitcoin and bitcoin is 1st mostly because first mover advantage which this 0x token doesn't has
keep making retarded comments, i will keep rekting you

[Anonymous No.10881061]

>>10881036
First minable token on ETH doesn't have FIRST MOVER ADVANTAGE.

you're a walking contradiction.

[Anonymous No.10881088]

>>10881036
0xBitcoin actually does have first mover advantage - it's the first pure mined crypto on Ethereum, while an Ethereum-compatible tether equivalent doesn't exist.

[Anonymous No.10881096]

>>10881061
>>10881088
>shitcoin that does nothing and brings nothing new, trying to advertise itself as revolutionary and first mover advantage at anything
you can't name 1 reason why anyone would buy this besides muh mining, which adds no value at all

[Anonymous No.10881109]

>>10881096
Mining makes it trustless. It is the only trustless ERC20 token, therefore it is valuable.

[Anonymous No.10881124]

>>10881109
>Mining makes it trustless
> It is the only trustless ERC20 token
lmao how retarded some people is

[Anonymous No.10881125]

>>10881096
You are to dumb to argue with.
There have been plenty of examples of proof use cases within this thread.

[Anonymous No.10881127]

>>10880714
So, if bitcoin builds another layer, which will interact with erc20 tokens/smart contracts, your 0xbtc dream will not come true. But nice try

[Anonymous No.10881128]

>>10881109
Worst pnd biz ever tried.

[Anonymous No.10881141]

>>10881124
>probably doesn't even know what "trustless" means
>can't point out a single other trustless ERC20 token that isn't simply a carbon copy of 0xBTC

[Anonymous No.10881155]

>>10881096
>shitcoin that does nothing and brings nothing new, trying to advertise itself as revolutionary and first mover advantage at anything

If you can give me an example of a pure mined asset on Ethereum (the most ubiquitous smart contract platform in existence by a mile) that existed before 0xBitcoin, I will cede and sell all my 0xBTC.

[Anonymous No.10881160]

>>10881127
Yes, I do admit that if BTC were to gain the ability to interact with smart contracts, then that would definitely be a severe blow to 0xBTC. But I don't see that happening in the near future.

[Anonymous No.10881210]

>>10881155
>pure mined asset on Ethereum
there is none because it is one of the most stupid things anyone can come up with, it serves absolutely no purpose and only a pajeet would think it is a good idea

[Anonymous No.10881239]

hundreds of erc20 coins can interact with smart contracts, there is nothing special about it
>but this coin has bitcoin name

[Anonymous No.10881243]

>>10881210
What purpose does Bitcoin serve in your opinion?

[Anonymous No.10881261]

>>10881243
lmao comparing bitcoin which is in every cryptocurrency exchange, the most liquid and widely used asset to some random erc20 token
that is only shilled in 4chan

[Anonymous No.10881282]

>>10881261
I didn't tell you to compare them, I asked you what purpose Bitcoin serves in your opinion.

[Anonymous No.10881302]

>>10881282
for gambling mostly and sometimes for transfering money

[Anonymous No.10881338]

>mine-able token on Ethereum is valuable
0xBtc is the real BitcoinCash

[Anonymous No.10881366]

>>10881302
If that's all that you think it will ever be, then I don't understand why you're even here. Casino's down the street.

[Anonymous No.10881383]

>>10881366
what purpose does 0xbitcoin serve?

[Anonymous No.10881414]

>>10881383
To be a medium of exchange that's compatible with smart contracts. That of course assumes that smart contracts will ever be used, which is naturally a bit of a gamble, but I'm not saying to go all in to 0xBTC. Still, wouldn't hurt to have a bag in case smart contracts do blow up. If you know of any other crypto that would be a better currency for smart contracts, then I'm all ears.

[Anonymous No.10881442]

>>10881414
>To be a medium of exchange that's compatible with smart contracts.
and now, what can 0xbitcoin do that any other erc-20 can't
if i can choose between the most liquid and most stable coin in the market and 0xbitcoin, why would anyone use 0xbitcoin?

[Anonymous No.10881551]

>>10881442
Because you can be sure that no one entity has an ungodly amount of 0xbitcoin. The purpose of crypto is decentralization, remember? And Vitalik in particular is a huge proponent of it. Why, then, would people choose a heavily centralized ERC20 token as the standard medium of exchange on Ethereum? Keep in mind, 0xBitcoin is the only ERC20 token that is provably decentralized.

[Anonymous No.10881578]

>>10881551
>Because you can be sure that no one entity has an ungodly amount of 0xbitcoin
No you can't.

[Anonymous No.10881598]

>>10881551
>Because you can be sure that no one entity has an ungodly amount of 0xbitcoin
uh yeah, thank god the guy who invented the first GPU miner for 0x and mined 100k`s of it sold it all....or did he...we´ll never know. Puh, we dodged a bullet there ^^

[Anonymous No.10881626]

>>10881442
>if i can choose between the most liquid and most stable coin in the market and 0xbitcoin, why would anyone use 0xbitcoin?

Because the way in which a token was created is important in determining what it's appropriate to be used for. You can, of course, use FUN to transfer wealth or engage in smart contracts, but why would anyone use a token as a currency where one single entity controlled over 100% of the token on creation? A store of wealth and medium of exchange should be something you are comfortable holding in your wallet just as you hold Bitcoin in your wallet even when you're not using it. You have no idea when the FUN devs will dump their stack, or if their project will be adopted, so FUN does not have any underlying value.

Every 0xBitcoin in existence was mined by someone who spent resources to obtain that token. Every 0xBitcoin that will ever be made will require someone to spend large amounts of electricity to mine it. No one central entity appointed themselves 100% of the tokens upon deployment, or decided who got to buy in a presale, or airdropped it based on arbitrary metrics such as which exchange someone had an account on or how many wallets they control. I feel comfortable holding 0xBitcoin in my wallet because I know that there is no central point of failure that would cause the collapse of its value. I know that people voluntarily spent resources to get 0xBitcoin in a fair and transparent process. It is ideal for use as a currency not just because of its functionality, but because of the way it was created. Do you think it's coincidence that throughout most of human history, the most ubiquitous store of value was something like gold which had literally no "use case" but was easily transferable and not easily obtained? Hundreds if not thousands of civilizations of various sizes have created their own currency by allocating the King 100% of the initial supply, but all of those currencies are now worthless since they were never scarce.

[Anonymous No.10881639]

>>10881626
>No one central entity appointed themselves 100% of the tokens upon deployment
Yeah just 80% through 1000 different addresses

[Anonymous No.10881653]

>>10881578
>>10881598
Less than 15% of all tokens have even been mined....

Bitcoin itself is much more centralized in this regard since Satoshi's wallets have over 700k BTC, but the point is that everyone had the opportunity to mine it since its public mention. We're not commies here, fair distribution is about the opportunity to mine not literally giving an equal amount to every person for nothing.

[Anonymous No.10881666]

>>10881578
>>10881598
You actually can, since anyone has had the opportunity to mine it from day 1 and 85% of the supply is still unmined. Even if the first guy that figured out GPU mining managed to mine 100k, then that's still only a few % of the supply, which is a whole lot less than the 40%+ other ERC20 devs keep.

[Anonymous No.10881680]

>I feel comfortable holding 0xBitcoin in my wallet because I know that there is no central point of failure that would cause the collapse of its value.

>Doesnt know its totally depending on Eth not going to 0
>Never gonna make it

[Anonymous No.10881715]

>>10881680
>thinks the #2 crypto by mcap that has more transactions than any other will just collapse for some reason

[Anonymous No.10881732]

>>10881680
Yea, I'll take that risk thanks for looking out though....

[Anonymous No.10881750]

Yeah, i see there are some deluded bagholders in there. Well, thank you i guess for my gains ,)

[Anonymous No.10881819]

>0xbitcoin value proposition is entirely based on the assumption that there will never be any stable and liquid coin in the market and that all the competition will eventually crash to 0
lmao that weak answer should be enough for everyone to realize why i don't see any value in 0xbitcoin

[Anonymous No.10881887]

>>10881819
>bitcoin value proposition is entirely based on the assumption that there will never be any stable and liquid coin in the market
This is the level of retardation you are on at the moment. 0xBitcoin is literally Bitcoin on Ethereum, it's nonsensical to support the ideas behind Bitcoin while believing 0xBitcoin to be worthless.

>all the competition will eventually crash to 0
lmao, what competition? It's the only one of its class.

[Anonymous No.10881966]

>>10881887
>lmao, what competition?
any erc20 coin that becomes liquid and stable
>0xBitcoin is literally Bitcoin on Ethereum
it is not bitcoin, that is what iliterate pajeets want people to believe
anyone would choose the liquid and stable coin over 0xbitcoin, there is no reason to not

[Anonymous No.10881973]

>>10881819
Who was saying that all blockchains besides for Ethereum needed to collapse for 0xBitcoin to gain value? wtf?

And there are already liquid coins on Ethereum such as Ether (ETH) but they were both created through centralized ICO and are transitioning to PoS which will solidify ETH as inflationary.

[Anonymous No.10881981]

>>10881966
what feature does Bitcoin have that 0xBitcoin does not have?

[Anonymous No.10881992]

>>10881819
Like, do you really not understand why creating a token, giving 100% of tokens to yourself, distributing them through airdrop or ICO, and keeping 20% for yourself is not an appropriate way to create a currency?

[Anonymous No.10881997]

>>10881981
its own blockchain, independent from ethereum

[Anonymous No.10882085]

Judge doom as usual gets btfo and runs away like the pleb made bitch he is. Punk bitch.

[Anonymous No.10882086]

>>10881992
lol you retards
>pow creates a fair distribution
already disproved that but you are too retarded to understand
just months ago bitcoin holders panicked because 1 guy (the mtgox trustee)
had a fuckton ammount of coins and could dump on the market at any time
bitcoin doesn't has a fair distribution
pow doesn't create a fair distribution, coins are created logarithmically
unfairly giving the founders a fuckton of coins
the whole value proposition is based in something that already failed

[Anonymous No.10882098]

>>10881997
So it's reliant on miners to contribute energy towards it forever in order to function and can not interact with smart contracts. Do you really consider that a "feature"? If that's the only thing you can come up with that distincts Bitcoin and 0xBitcoin, then you seem to agree that 0xBitcoin is the exact same thing as Bitcoin, except on the Ethereum network.

[Anonymous No.10882104]

>>10877838
Strap in boys we're crashing tonight!

[Anonymous No.10882108]

>>10882098
0xbitcoin is not bitcoin pajeet, its a erc20 coin

[Anonymous No.10882132]

>>10882108
It's not Bitcoin, it's Bitcoin on Ethereum. You can't name a single feature that Bitcoin has and 0xBitcoin lacks.

[Anonymous No.10882151]

>>10882086
What distributional method do you propose for a currency? Let's say Bitcoin never existed and in 2018 you're on a team that's about to make the world's first cryptocurrency. One of the goals of your currency is fair distribution. How do you go about this in a decentralized way? I'm just curious about how you would distribute a currency with staying power if not through PoW

[Anonymous No.10882154]

>>10877838
Sooner or later 0xBitcoin will be accepted as MakerDao CDP Collateral just like ETH and DGX.

[Anonymous No.10882158]

lets just keep as simple as that
0xbitcoin success relies in a fair distribution
0xbitcoin uses POW to distribute coins
from previous POW coins we know that pow doesn't create a fair distribution
examples
>ltc (founder charlie lee)
>bitcoin (mtgox trustee, satoshi)
>bitmain, (bitcoin cash)

[Anonymous No.10882180]

>>10882132
Fair distribution

[Anonymous No.10882183]

>>10882158
mtgox trustee has nothing to do with PoW you absolute brainlet. PoW is still the best option out there, some early whales might accumulate 5% of the total supply, but all other options have the creator starting out with 100% of the total supply.

[Anonymous No.10882221]

>>10882180
Satoshi owns 700k BTC (based on low estimates) while there is no evidence demonstrating that any single miner has accumulated more than 75k 0xBTC (A guy by the username Pizza who's gone AWOL).

[Anonymous No.10882225]

>>10882180
61% of the circulating BTC supply is held by 0.08% of the wallets, while 66% of the circulating 0xBTC supply is spread over 2.28% of all holders. You could at least try.

[Anonymous No.10882243]

>>10882183
lol, its pow, like bitcoin right, then why did that happen? if bitcoin is pow hmmm?
>66% of the circulating 0xBTC supply is spread over 2.28% of all holders.
>fair distribution
you busted yourself kiddo, it's over

[Anonymous No.10882249]

>>10882243
>he thinks fair distribution means communism

[Anonymous No.10882282]

>>10882249
lol i didn't say that, but 1 guy could crash the price and that defeats the purpose of your coin

[Anonymous No.10882296]

>>10882221
Satoshi didn't sell through the biggest pnd in history. He's fucking dead and his coins are locked.
>>10882225
>wallets blah blah blah
Show me the fucking KYC on those wallets retard.
Hurrrrrrrr

[Anonymous No.10882374]

>>10882282
You could say that about quite literally any coin or token on the entire market... so what's your point? Are you saying that BTC is useless since the market could be flash crashed by a collective of big holders? Again, fair distribution does not mean communism in which everyone gets equal amounts. It means that everyone has equal opportunity to mine and that a free market can form.

>>10882296
>Satoshi didn't sell through the biggest pnd in history. He's fucking dead and his coins are locked.
Do you have any proof of this? Also do you have proof that the specific miner by the username of Pizza dumped his coins during the last price run up?

Like come on dude, you're just spouting nonsense that you're making up as you go. Are you being paid to fabricate falsehoods by someone?

[Anonymous No.10882405]

>>10882374
if some holders can crash the price then why would i trust it to deploy my smart contract using 0xbitcoin, what does 0xbitcoin offer then if there are more liquid and more stable coins

[Anonymous No.10882418]

OXBTC SHITCOIIIIIIIIN
SCAAAAAAAM
SMART CONTRACT SCAAAAAM
EXIT SCAM DURING BULLRUN

[Anonymous No.10882454]

>>10882374
>Do you have any proof of this?
If Satoshi did sell, then that proves centralised distribution doesn't matter. If he didn't then it makes your point invalid.
Way to fuck yourself in the ass kek

0xbtc
Price in June: $3.81
Price now: $0.41 (and falling)

[Anonymous No.10882474]

>>10882405
This is a retarded line of argumentation. You're arguing against the usage of any cryptocurrency since big holders could crash the price of any asset, including BTC or ETH.

And there already exist more liquid tokens than 0xBTC such as ETH or GNT, but as I've said before they were created through centralization and therefore are not suitable for currency. Would you use GNT as a currency even though it's more liquid and stable than 0xBTC at the moment? Would you store your wealth in a token like GNT that was at one point 100% owned by a single entity?

[Anonymous No.10882555]

>>10882454
What are you even talking about? I'm calling you out on your literal nonsense claims without a single shred of evidence.

What are you even arguing anymore? I never said BTC wasn't fairly distributed. I think any coin or token that is distributed by PoW mining without premine is fairly distributed. Again, I'm not a fucking communist so I don't give a shit if some people hold more than others. I give a shit about the opportunity to mine, and I give a shit about mining requiring resource input.

>0xbtc
>Price in June: $3.81
>Price now: $0.41 (and falling)
Nice cherry pick. How about:
Price in April: $0.15
Price today: $0.48

[Anonymous No.10882559]

>>10882474
the answer was that nobody has a ungodly ammount and it implies that nobody could crash it, but we just came to the conclusion that it can be crashed by some guys so it defeats the purpose

[Anonymous No.10882567]

>>10882405
By the way you never answered my question about what you would consider to be a "fair" method of distribution. You have yet to provide an alternative method for the distribution of a cryptocurrency besides for PoW.

[Anonymous No.10882599]

>>10882559
>ammount
You fucking pajeet you've already been asked to speak English on this board and you still cannot figure out spell check. You've made this mistake three times now that's not a type anymore than a fundamental gap in your knowledge of the English language.

Again, literally any cryptoasset in existence today can be crashed by the biggest holders. This is equally true of every single publicly traded stock in existence as well (if it weren't for centralized safeguards enacted by exchanges to prevent flash crashes). So what's your point? Why is this a problem with 0xBitcoin but not for BTC, AMZN, ETH, GE, or even fucking gold and silver?

[Anonymous No.10882600]

>>10882567
no i don't i just came here to tell you why 0xbitcoin is a scam coin, why it doesn't has value, not to give any opinion on how it should be done because you already know it

[Anonymous No.10882608]

>>10882599
typo* not type. That's ironic haha

[Anonymous No.10882620]

>>10882599
>literally any cryptoasset in existence today can be crashed by the biggest holders.
then if the purpose of 0xbtc was to distribute the coins in a way that no holder could crash the market and fuck up the smart contracts then what is the purpose

[Anonymous No.10882628]

>>10882600
So you're actually arguing that any cryptocurrency, even BTC, cannot have value because there is no way to fairly distribute a cryptocurrency? Have you bothered to check the price of BTC since 2010?

>doesn't has value
have* not has; we conjugate verbs properly when we speak English, fucking pajeet.

[Anonymous No.10882649]

>>10882555
Aside from anything else, I want you to know you make me sick. On a personal level.
Obvious intelligence and energy wasted on scamming vulnerable idiots.
The world would be better without you.

[Anonymous No.10882655]

Looks like 0xBTC is even winning the argument against the oldschool BTC

0xBTC flippening confirmed. The bitcoin shills are scared.
>m-muh brand name

Kek

[Anonymous No.10882664]

>>10882620
>So you're actually arguing that any cryptocurrency, even BTC, cannot have value because there is no way to fairly distribute a cryptocurrency?
no, im arguing that, why would anyone use 0xbtc instead of the most liquid and stable coin for their smart contracts?

[Anonymous No.10882680]

>>10882664
Because people would rather earn something that has a limited supply than something which will inflate forever.

[Anonymous No.10882702]

>>10882680
most of cryptocurrencies have limited supply

[Anonymous No.10882704]

>>10882655
Lol the threads are irrelevant. 0xbtc will end up like garlicoin and every other low effort pnd.
Just check the chart.
Its still worth it to tell you pageets how fucking disgusting yoh are.

[Anonymous No.10882710]

>>10882620
>then if the purpose of 0xbtc was to distribute the coins in a way that no holder could crash the market
PoW distribution reduces this risk compared to comparable ICO'd tokens of its size since there is no central entity that controls the tokens. If anyone was claiming that a crash in price was impossible they were wrong, because a crash in price could happen to quite literally any fungible asset in the world.

>fuck up the smart contracts
A smart contract is immutable and cannot be altered. You clearly do not even know how Ethereum functions.

>>10882649
If calling you out on unsubstantiated claims makes you sick, you have a mental disorder that does not allow you to discern fact from fiction. Seek help.

>>10882664
>why would anyone use 0xbtc instead of the most liquid and stable coin for their smart contracts?
I've answered this 8 times already. A PoW token is better suited for storing value and better suited to be a medium of exchange than an asset that had 100% of its share controlled by a single entity at a certain point. You would buy something with gold but not chuckie cheese's coins.

Again we get to the root of the problem. You say PoW is not suitable for currencies, but have yet to issue an alternative.

[Anonymous No.10882720]

>>10882664
>46 posts by this id
you are wasting your time by talking to a scammer

[Anonymous No.10882730]

>>10882680
/thread

[Anonymous No.10882750]

>>10882710
>I've answered this 8 times already
that answer is shit, being pow does't make it a good medium of exchange nor a store of value
stable coin with high liquidity is more fit for that
now, knowing that, again, why would anyone use 0xbitcoin......

[Anonymous No.10882754]

>>10882454
its $0.5 though

[Anonymous No.10882797]

>>10882710
Really sad. Id ask what your mother thinks of you wasting your brains being a fucking negative on the world, but indian hookers probably arent that judgemental.
>>10882754
wowee

[Anonymous No.10882800]

>>10882750
>being pow does't make it a good medium of exchange nor a store of value
It seems to work well for Bitcoin, which if you haven't yet noticed is worth over $120 billion

>stable coin with high liquidity is more fit for that
Is a stable coin tied to the US Dollar something you'd consider a good store of value? Yes or no.

[Anonymous No.10882821]

>>10882797
I'm not being negative, I'm just expressing concern that you might need psychiatric treatment if you find that it upsets you to be reminded that we live in a world in which assertions need to be grounded in reality.

[Anonymous No.10882847]

>>10882702
Those are ICO tokens which have unfair distribution. Or they are obsolete due to not being compatible with Ethereum smart contracts BTFO next

[Anonymous No.10882852]

>>10882800
i didn't say it has to be tied to any fiat currency
but some people would prefer tthat over a token that goes from 4$ to 0.50$ in two months

[Anonymous No.10882871]

>>10882847
>again with the fair distribution
gtfo you commie, its like you all are brainwashed

[Anonymous No.10882873]

>>10882821
No no, I'm not saying you're BEING negative, I'm saying you ARE a negative.
You are a negative on the world, you make the world worse by being alive.
We would be better off without you.

[Anonymous No.10882884]

>>10882871
Pathetic.

0xBTC is superior money to just about anything else on the planet. Deal with it

[Anonymous No.10882910]

>>10882852
You don't even have a point of view. You criticize everything everyone else says but cannot answer basic questions. We can't continue to debate until you answer these questions:

What characteristics should a store of value cryptoasset have?

What do you mean when you say fair distribution and how would you achieve it?

[Anonymous No.10883035]

>>10882800
>It seems to work well for Bitcoin, which if you haven't yet noticed is worth over $120 billion

Compares the first cryptocurrency with a shittoken which is running on another protocol and depends on that. litteraly lol

[Anonymous No.10883052]

>>10881626
>the price has to be somewhat stable
>it has to be liquid enough
and 0xbitcoin has none

there is no plan to build liquidity besides shilling it in 4chan. what a scam

>What do you mean when you say fair distribution
you 0xbitcoin shills are the ones that answer everything with muh fair distribution
for a smart contract it doesn't matter as long as the price doesn't crash to zero

[Anonymous No.10883059]

>10883052 this replying to >>10882910

[Anonymous No.10883070]

>>10883035
I was making a point about how it is possible to see value ascribed to tokens distributed through PoW... Is there anything you find wrong about my assertion that PoW distribution is the most appropriate method for the distribution of a currency asset?

[Anonymous No.10883086]

>>10883070
Don’t wear yourself out you’re arguing against a complete mongoloid

[Anonymous No.10883088]

>>10883052
Can you just answer these questions?

What characteristics should a store of value cryptoasset have?

What do you mean when you say fair distribution and how would you achieve it?

[Anonymous No.10883121]

>>10883070
>>10883088
Why don't you do us all a favour and kys?
>>10883086
>>10882884
>>10882847
>>10882680
This guy, on the other hand, is just a regular fucking retard lmao

[Anonymous No.10883122]

>>10883052
Current circumstantial factors are not an answer to the question I asked about what characteristics a store of value cryptoasset should have. In 2008 Bitcoin was neither liquid nor stable, but it still had certain characteristics that allowed it to grow and become the largest store of value.

So what do you think a store of value cryptoasset needs?

[Anonymous No.10883131]

>>10883121
Lol mongoloid lol

[Anonymous No.10883134]

>>10883059
Maybe a better question I should ask is if you think the distributional method of a cryptoasset is relevant in its value proposition? Does the way in which a currency is created matter, in your opinion?

[Anonymous No.10883137]

>>10883122
comparing bitcoin, to a fucking erc20 token that depends entirely on another protocol
lol keep trying, we are not falling for it

[Anonymous No.10883156]

>>10883134
>you think the distributional method of a cryptoasset is relevant in its value proposition?
depends on what the value proposition is

[Anonymous No.10883166]

>>10883137
Ok, so you are either unwilling or incapable of answering my very basic questions about cryptocurrencies.

What characteristics should a store of value cryptoasset have?

Do you think the distributional method of a cryptoasset is relevant in its value proposition? Does the way in which a currency is created matter, in your opinion?

[Anonymous No.10883171]

>>10883137
It’s like bitcoin but less weak because it’s on Ethereum and thusly not obsolete.

Have a nice day

[Anonymous No.10883179]

>>10883131
>LOl MOngoLOId lOL
Retard
>>10883122
>>10883134
>>10883166
Why don't you spend your time not being a scumbag?

[Anonymous No.10883180]

>>10883156
Is a coin or token's price independent of the way it was distributed? For generic cryptocurrencies A and B, would you expect A to be more valuable than B if, all else equal, they were distributed differently?

[Anonymous No.10883190]

0xBTC will be listed on more and more exchanges while everyone who’s even interested slightly in buying crypto has heard of bitcoin. Even that alone makes 0xBTC a better investment than bitcoin

[Anonymous No.10883253]

>>10883190
jupp, better to invest in a token which is around 6 months than in a coin which is around 9 years. looks safe.

[Anonymous No.10883261]

>>10883180
distribution is one of the many factors that affect the value of a coin and the value it *should have*
but being "well distributed" doesnt make a useless coin with no roadmap or plan to drive adoption, or a plan achieve whatever purpose it has and that on top of it depends entirely in other protocols, like 0xbitcoin

and its obviously that if a coin want's to be "a medium of exchange for smart contracts"
the price needs to be stable (not necesarily pegged to fiat)
and have high liquidity
if the objective is to be a "store of value"
then it has to be stable and widely adopted (by being useful, not because muh distribution)

and 0xbitcoin has none of the above, so it is SHIT ITS FUCKING TRASH

[Anonymous No.10883272]

Got my first bag. Am I going to make it?

[Anonymous No.10883283]

>>10883272
No, you just wasted your money.
Sell when you're 30% down and learn your lesson.

[Anonymous No.10883286]

>>10883253

>”Safe”
>the absolute state of crypto speculators in late 2018

[Anonymous No.10883295]

>>10883261
From everything I've gathered, you don't actually have a problem with 0xBitcoin's characteristics, you just don't think it's ready yet to fulfill its role since it has not gained enough adoption.

I agree with you then. I think it will grow to become more accepted as a currency and eventually will have the liquidity and stability you are looking for.

Took us 80 posts to realize we were arguing two different things and that we fundamentally agreed. Funny how that works out.

[Anonymous No.10883296]

>>10883272
Very much so.

[Anonymous No.10883319]

>>10883295
>we will keep shilling in 4chan and eventually get worldwide adoption
nah thats a trash coin with no use case bud, nobody is going to use it when they can pick between hundreds of coins better suited for it

[Anonymous No.10883354]

>>10883319
All anyone needs is to see the dump volume here. This shit is dead.
https://coinmarketcap.com/currencies/0xbtc/

[Anonymous No.10883406]

>>10883354
>>10883319
https://0xbitcoin.org

[Anonymous No.10883413]

Chart looks like Garlicoin
Oh nononononono

[Anonymous No.10883487]

>>10883406
What's that you stupid fucking faggot?
Are you looking for this?
Fucking garlicoin-looking shit

[Anonymous No.10883519]

>>10883487
https://0xbitcoin.org ;)

[Anonymous No.10883540]

>>10883519
see
>>10883487

[Anonymous No.10883653]

>>10883540
https://0xbitcoin.org ;)

[Anonymous No.10884391]

In the end, your decision to buy IOTA should be based on thorough research about the technology and its founders. IOTA’s tangle could be the next big advance in cryptography, but investing in an untested technology is inherently risky, so do your research.

IOTA under $1 is a steal.

[Anonymous No.10884398]

According to research from Gartner, IoT grew to 8.4 billion devices in 2017, and experts expect the growth of IoT industry to be rapid, perhaps exponential.

IOTA is one of the first platforms to marry IoT and cryptographic payment processing, but that doesn’t guarantee that it will be successful. The market potential is huge, but ultimately the investment potential of IOTA comes down to implementation and adoption.

[Anonymous No.10884405]

Implementation is largely in the hands of the IOTA Foundation team, so if you’re thinking of investing it pays to research their backgrounds.

Adoption is still up for debate. Since machine-to-machine payments are still a fairly new concept, most IoT hardware manufacturers and users will need convincing why they should start transacting. The key with IOTA, however, is they’re not targeting human users. If you want to trade IOTA tokens you can, but the goal is for machines to use the tokens, not humans.

Finally, remember that IOTA is built on proprietary technology. While it has a lot of potential, it’s also possible that it has security or scalability flaws. In fact, MIT and Boston University published a scathing report earlier this year about security flaws in IOTA’s Curl hashing function.

[Anonymous No.10884417]

In fact, I made a comparison of all top 100 coins and IOTA was among the best 3 platforms, whose tech is significantly better than any other coin's tech within the top100. Have a look Top 100 coins.

These 3 platforms are the only ones that can offer:
Instant transactions
Zero fees
Near infinite scalability and decentralization through side-chain/off-chain/horizontal scaling 1 millionth the energy usage of Bitcoin

and those 3 are

Iota
Beyond the 4 above mentioned characteristics, Iota offers decentralized storage, Oracles and outsourced cloud computing.

While Iota is already worth $5B, they are a juggernaut and they will most likely make Bitcoin a run for the money soon. There is a lot of criticism towards Iota because it currently uses a coordinator to verify transaction before there are more nodes on the network, at which point it can be removed.

Skycoin
Skycoin offers decentralized storage, smart contracts and complete privacy. Finally, it offers the completely decentralized internet, Skywire, which might be bigger than all cryptocurrencies combined. They just launched the testnet for Skywire a week ago.

Elastos
Is the most comprehensive, efficient and most customizable dapps operating system and runtime environment, more comprehensive than Cardano and more decentralized and scalable than all the other dapp platforms (Neblio, EOS, Stellar, Neo, Aeternity, Rchain, IOST, Ziliqa, Eth classic)

Those 3 platforms are the ones with the most superior technology of all cryptocurrencies and for that reason have the best chances of replacing Bitcoin and becoming the next big cryptocurrency and IOTA is one of them.

[Anonymous No.10885201]

>>10877838
OP stop posting this piece of shit thread every day, its getting annoying as fuck and makes 0xbtc look bad.

[Anonymous No.10885388]

Can we get a 0xBitcoin baseless coping FUD bingo?

A few of the options:
>pajeet developer team!!!!1!!1
>mining doesn't secure the network
>POW wastes muh energy
>ERC20 shitcoin
>no one's buying lol dedkoin
>devs premined 1.21 gorillion coins
>POW does not a fair distribution make waah!
>uses Bitcoin's name therefore it's shit ;)
>"literally no reason for this to exist"
>wildcard: *gurgling noises* huurrhughuhffhgg P A J E E T

[SAGE No.10885406]

>>10877838
>
strap in boys we're shitting in the streets tonight!

[Anonymous No.10885414]

>>10885388
If we are going to play games: Post a picture of "0xBTC" written on your forearm in brown marker first.

This has been requested of you assholes over and over again, and yet you all do not seem dedicated to the project. Weird. And you wonder why we don't take you serious. LOL

[Anonymous No.10885435]

It's funny how the thread seems to die whenever this is requested.

[Anonymous No.10885507]

Post all the mother fucking memes you want. No one gives a fuck.

We want to see an 0xBTC forearm pic.

[Anonymous No.10885526]

>>10885414
>>10885435
>>10885507
What, just to prove not ranjeetesh?

[Anonymous No.10885536]

>>10883653
41 cent

[Anonymous No.10885769]

When the haters call 0xbitcoiners pajeets, not knowing the true aryan power behind this token and eip 918 technology.

[Anonymous No.10885778]

>>10885769
pic related

[Anonymous No.10885787]

>>10885414
>>10885435
>>10885507
https://www.youtube.com/watch?v=SBAmCigHcJ4&feature=youtu.be

Are these three team members white enough for you?

[Anonymous No.10885793]

>>10885778

[Anonymous No.10885802]

0xBitcoin distribution compared to bitcoin distribution top 10 wallets

[Anonymous No.10885810]

Its all so simple! more comparisons of shit token erc20 versus 0xbitcoin emperor god token

[Anonymous No.10885833]

>>10885787
No you fucking retard. I want to see the the skin color of the individual who posts on these boards.

[Anonymous No.10885835]

>>10885802
>>10885810
Why do you retards keep posting wallets like that means anything?
You realise a person can have more than one wallet, right?

[Anonymous No.10885850]

[Anonymous No.10885882]

is there an erc20 representation of btc (that can be swapped to real btc on demand) instead of what we have right now. this 0xbtc thing feels shoehorned in by force

[Anonymous No.10885892]

>>10885835

[Anonymous No.10885898]

>>10885892
Yeah exactly you fucking retard. Sit down.

[Anonymous No.10885903]

>>10885898

[Anonymous No.10885908]

>>10885882
It isn't possible right now since you'd need decentralized interoperability between chains. We're many years from that being either a focus or a possibility for devs.

[Anonymous No.10885917]

>>10885833
I want to see your skin colour. No one is going to be baited by you. Just calmly post about 0xBTC all day every day. >>10885201
No I love posting about 0xBTC here all day every day because it gets such a guaranteed replies thread.

[Anonymous No.10885925]

Also, looked at the code for this piece of shit. You do realize how easy it is whose turn it is to "mine" the next block? Someone could literally DOS the the node and cause fuckery to your network. Also, it's still POS not POW. There is no proofing of work to reach consensus. This is literally just an faucet (which ether has PLENTY of) except in this case you can LARP to think you are mining. And no one in the entire crypto space other than you retards are going to download your shitty, in development, "goundbreaking" wallet -- especially with the reception you have on an anonymous board.

I rate this piece of shit and all the pseudo-intellectual speak surrounding this coin a resounding 0/10. I actually feel like I wasted my time.

[Anonymous No.10885944]

>>10885925
Your fud is weak and pathetic. No one can DOS any “node” you computer illiterate little bitch.

[Anonymous No.10885946]

>>10885925
(((you))) or Robert?
>pic related

[Anonymous No.10885950]

>>10885925
>Someone could literally DOS the the node!

[Anonymous No.10885953]

>>10885944
Just like any retard you confuse FUD with facts. You literally deserve to lose all of your money.

[Anonymous No.10885957]

>>10885925
(((you))) or Ethereum Dev?

[Anonymous No.10885963]

>>10885950
Node(s)

[Anonymous No.10885971]

>>10885953
>>10885963

[Anonymous No.10885972]

>>10885946
He read a whitepaper. Wow.

>>10885957
Great tweet talking about 0xBTC. I completely missed the 0xBTC part though.

[Anonymous No.10885979]

>>10885963
What node(s)? Ethereum nodes? Good luck.

[Anonymous No.10885984]

>>10885925
>DOS the the node
Impossible, what you're describing is a fatal flaw of the Ethereum network. if you can do this, then go ahead and make tens of millions of dollars.

> Also, it's still POS not POW.
There's no staking so it can't be proof of stake.

> There is no proofing of work to reach consensus
Actually there is, since the Ethereum network will only enforce the mintage function in the smart contract when it receives proof of doing the work (aka proof of work).

>This is literally just an faucet
It's specifically NOT a faucet and has different functionality. Read https://eips.ethereum.org/EIPS/eip-918

>complains about pseudo-intellectualism
>has absolutely no idea how a blockchain even works

[Anonymous No.10885987]

>>10885979
Exactly! haha You idiots are NOT mining. I feel like I'm a guest speaker at a special education class.

[Anonymous No.10885992]

>>10885925
Save this FUD talking point for the next thread it is a masterpiece and shouldnt be wasted.

[Anonymous No.10886001]

>>10885987
But you ARE a guest speaker from a special education class

[Anonymous No.10886011]

>>10885925
B T F O

[Anonymous No.10886017]

>>10885987

>https://eips.ethereum.org/EIPS/eip-918

No, you're just the valedictorian of the special education class of 2018.

[Anonymous No.10886042]

>>10886017
How do you become a relayer? Do you get paid?

[Anonymous No.10886127]

>>10886042
Lava Network is in the final phases of completion, I believe there was a development bottleneck since the mining software needed to be updated in order to reflect something in the mining nonce.

And yes, you get paid to relay not too much unlike how in a PoW system you're paid for putting transactions in a block. You can set what currencies to accept the fee in, and then set the threshold for the minimum fee you're willing to accept (since the sender sets the fee).

The only issue for the average person relaying is that you only get relayer rights if you're designated the "King" by the last miner to mine a reward. So if you don't personally mine, you'll need to set up an agreement with someone who does in which you pay them to appoint you the King, giving you exclusive rights to relay the block.

As developers work out the kinks and the process becomes more standardized, there will likely be marketplaces set up in which you can buy relayer rights to ensure that miners can sell their king authority if they themselves don't want to relay.

[Anonymous No.10886143]

>>10886042
In case you're not up to date, the reason that 0xBitcoin mining is useful for designating the exclusive relayer rights is because when someone sends something through the Lava network and broadcasts it to the relayers, there was no way to decide which relayer gets the transaction. By using 0xBTC mining, you can have a decentralized process make these arbitrary decisions, to ensure that one relayer at a time is allowed to relay.

https://medium.com/@admazzola/tokenminingpool-com-now-supports-miningking-and-doublekingsreward-264dee0761e2

https://medium.com/@admazzola/a-revolutionary-new-ethereum-smart-contract-pow-king-of-the-hill-5b68e6d9a51c

[Anonymous No.10886636]

[Anonymous No.10886726]

>>10886127
Nice