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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 43 KB, 900x900, snow2.jpg [View same] [iqdb] [saucenao] [google]
11583878 No.11583878 [Reply] [Original]

Still some solid amounts left in the 12,000 satoshi range. We're either headed for a big dump, or this is literally your last chance at these levels, as volume is greater than it has been in the last 6 months. I'm unironically getting BTC vibes.

Snowblossom (SNOW)
https://snowblossom.org/

Progress continues. We are now about 115% up from the first time I've called this. 4 BTC worth have traded hands the last 72 hours.

Anyway :

Entirely new codebase. Unique quantum-resistant POW. Dig through their Slack.

Only exchange :
https://qtrade.io/market/SNOW_BTC

1.2 million in circulation.

OTC has been bought up to $3.

This is it, lads. This is, bar none, the best speculative bet of 2018. Don't blow it. If you're not a weak-handed, impatient person, this could very well make you filthy rich in 2019.

See also : https://docs.google.com/document/d/1xgIYaWl4j7qgi4sMGN3T8YZvQi-jGRERuE1fXxSCPDI/edit?usp=sharing

Here's some #greentext from another anon :

">New PoW, no ICO, no premine
>Completely ground floor with no marketing yet (see website).
>Main dev has been working on BTC projects and Cryptography since before 2012
>Main dev for Satoshi Dice in 2012
https://bitcointalk.org/index.php?action=profile;u=56989;sa=showPosts;start=380
>Works for Google
>Buying now is like buying BTC at 1 dollar
>Unironically only 21 SNOW to make it
>1million MKT cap. look at what it compares to on CMC
>Slack community full of Vitalik style nerds
“someone should do the mathematics on what's the collision chance of shuffling the fields in regards to getting a higher ratio of nicer seeks”
>1k USD to get into the top 25% rich list
> Low fee section in blocks
>1.8 million TPS on testnet
> UTXOs in block header, normies can run full-nodes for the next 1000 years because of this, no problem with chain size
> Provably ASIC, quantum, and miner centralization resistant
> Immutable P2P CASH
> Snow channels data distribution network. Web3 that ETH never could be."

-twu

>> No.11583899

TWU needs to unload a few more bags before he's clear of it completely. Buy now!

>> No.11584005

>>11583899
Nope. Buys at 5800 and 1100. I'll be accumulating this like Bitcoin. As a top 30 holder, I plan to stay that way forever. Tough, but doable in time.

>> No.11584214

Spreads tightening. Fuck yeah.

>> No.11584429

this team is laughably underrated, like holy fucking hell

>> No.11584482

Should I dump XRN to get in on this? I bought low but didn't get a chance to sell the top.

>> No.11584493

>>11584429
I know the lead dev, Zac. Good guy.

>> No.11584575

What's the max possible supply?

>> No.11584600

>>11584575
21 million

>> No.11584611

>>11584600
Ah, should have figured

>> No.11585572

>>11584482
if youre in profit , might as well.

im gonna hold xrn more cause i bought high and im at loss at the moment.
hope XRN picks up after CMC listing so i can sell my bags and move on to this or other shitcoin with no stunted growth like xrn.

>> No.11585582

every day this fucking thread

>> No.11585681

....and, we have an even book. Shit is about to get real.

>> No.11585696

>>11585582
Every day for 2 years, then we are millionaires.

>> No.11585814

>>11585572
I'd do that. Ladder into this. Buy it like BTC, hold for 5 years. Don't sell a single one.

>> No.11585823

>>11585814
> Don't sell a single one.
while we dump our bags on your buy orders

>> No.11585856

>>11585823
pretty much this

>> No.11585906

>>11585823
You just don't seem to get it. What is the reason not a single person outside of this thread has ever talked about Snow publicly? Find me 2-3 major players talking about this on twitter, youtube, reddit, and I'll give you 10 Snow.

You really think it's that big of a shitcoin?

Buy this like BTC. Period. It will go up and down like the rest, but if this crashes, it's my opinion you have a very, very golden opportunity.

It's only 10,000 to be in the top 30 holders....so, if we crash back down to 25 cents, I'm buying 20,000 more.

>> No.11585943

>>11585906
how much should a poorfag put into this

>> No.11585957

>>11585943
all of the money you can so you can get dumped on like 99% of the coins shilled on this site

>> No.11585983

>>11585906
give me a one good reason why it will go up
at least one

>> No.11586015

ok anon...enough shilling. What is the current market cap and why is this "the next big thing?"

>> No.11586017

>>11585983
Inb4 quantum resistant bitcoin

>> No.11586030

>>11585943
How poor? Buy at least 2,000-3,000. Add more as we go.

>> No.11586034

>>11585957
It's fine. This is house money, and I will continue to make more, and add to the stack. Zero fucks on this one.

>>11585983
Speculation. Something brand-new. The fact that nobody is talking about it. Hype. Whatever. Take your pick.

>> No.11586044

>>11586015
Did you not read the original post?

>> No.11586049

Look, folks. Those talking shit, you can say whatever you want. If you don't think is worth some sheckles, and more if we go down, I don't think you understand these markets.

If you truly believe this will fall 75% to a $200K marketcap, and stay there forever, you are very, very foolish.

>> No.11586082

>>11586034
>Speculation.
I asked a good one.
>Something brand-new.
its been shilled for half a year already fuck off
>The fact that nobody is talking about it
see above
>Hype
>The fact that nobody is talking about it
are you clinically retarded?
>Whatever
yes you are
>Take your pick.
I pick your ass as my sextoy.

>> No.11586093

>>11586082
Speculation is well over half the reason ANYTHING goes up in these markets.

Yeah, ONLY by me. Find me another thread from September or early October that wasn't me. Again, find me other people publicly talking about it. I'm waiting.

No.

Fail.

>> No.11586100

I cannot wait to re-visit these screenshots in 2-3 years.

>> No.11586157

Screencap this. ;)

-twu

>> No.11586185

>>11583878
Corny. No one on /biz/ ever shares their legitimate moon mission coins unless they're ready to dump, or they'll shill in a clever way that motivates you to DYOR and agree with OP on your own terms, not because they've presented everything nicely and with a bow on top. KYS pajeets.

>> No.11586202

>>11586185
Wrong, and : Bad advice. Look into my history, and you will know you are wrong. See : XRN at 200 sats. 0xBTC at 18 cents. Nerva at a 100M market-cap. ORI at 0.07 cents before CMC (13x, and yes, I know it dumped to hell, not my fault) .... etc etc etc.

>> No.11586276

>>11586093
>Speculation is well over half the reason ANYTHING goes up in these markets.
retard
>Yeah, ONLY by me. Find me another thread from September or early October
Oh, now I see, you bought at 45k and now desperately trying to shill it.
Cool.

>> No.11586295

>>11586276
Wrong again. I bought at 5800 sats, and 11,000 sats. I will continue buying indefinitely. You have nothing to say, so why waste your time? I'll stop responding to you now. Cheers.

>> No.11586304

>>11586295
>I bought at 5800 sats
when was this?

at these prices (12k) it feels like a scam :(

>> No.11586310

>>11586304
October 20th.

>> No.11586313

>>11586295
>so now i have 2x bags, please buy more so i can dump them at 4x
>oh no anon, i'm totally holding for 87 years, no dumping i swear, don't look at that 20k nosedive please, love you hun
Fuck yourself with a shovel, friendo.

>> No.11586326

>>11586313
2x bags and dead even. You can stop now. Your opinions hold no weight.

>> No.11586329

>>11586313
Also, your prices are wrong. Shoo, shoo.

>> No.11586330

>>11586310
shit man, i missed the train

>> No.11586340

>>11586330
I really don't think so. See : $3 OTC buys in May. See : 9,000 sat buys weeks ago. Like I said, ladder in, and treat it like Bitcoin until Twitter and Reddit start talking about it. Weigh risk, and consider the implications.

>> No.11586341
File: 45 KB, 465x576, 1519581982250.jpg [View same] [iqdb] [saucenao] [google]
11586341

>>11583878
>https://snowblossom.org/
This one gets a hard NO from me OP.

>> No.11586363
File: 61 KB, 616x596, pepe-transparent-smirk-6.png [View same] [iqdb] [saucenao] [google]
11586363

>Sorry anon but I'm kind of iffy on this whole not actually quantum resistant bit, for that reason I'm out.

>> No.11586449

>>11586341

>>11586363

Very foolish. A new site will be up soon.

Time will tell. Also, interesting. 2 green pepes from different ID's at the same time? Interesting indeed. The train seems to be leaving, or at least, better movement than the last 6 months..

This is picking up speed whether you like it or not. If you haven't accumulated, that's not my fault.

I'm not going to stop talking about this for a long time.

-twu

>> No.11586462

>>11586449
>im gonna keep shilling because my bags are heavy as fuck because i actually thought this was the next bitcoin

YAWN

>> No.11586466

>>11586462
I like this FUD campaign!

Again, if you'd read, you know my buys were at 5,800 / 11,000.

>> No.11586474

Anyone else? Let's keep this rolling. Thanks for bumping the thread with your bullshit and spreading Snow awareness. Next!

>> No.11586515

this coin is a scam.. mining will become unprofitable in the future so it's doomed to failure.. also, it's NOT quantum resistant.. shitty website.. no community... top 3 wallets hold 30% of supply. if you really want to gamble on this.. wait until it drops to 100-200k marketcap

>> No.11586551

>>11586515
where to see the marketcap for this?

>> No.11586556

>>11586466

Just because you bought low doesn't mean you're in for the long haul, maybe if you shilled at 5800 like how you have now I'd be more inclined to believe you guys didnt buy in at one time and are trying to dump on us.

>> No.11586599
File: 104 KB, 2000x2000, flower.png [View same] [iqdb] [saucenao] [google]
11586599

>Without really meaning to, the projects I've worked on have ended up being an in depth study of Bitcoin internals. With my mining pool software I had to get rather intimate with block details. With my electrum work I got to learn a great deal about UTXO databases, fast and stable local data stores (rocksdb FTW) and the various ways to index and think about block chains. This has put me in the position to do this snowblossom work learning from many Bitcoin lessons.

>perhaps some of the 'how to pack multidimensional message spaces as efficiently as possible' -approaches could yield something for the known-stable packings, but i have no idea where to being looking into that yet

>the culture here is more like you have to learn in order to get SNOW.

> Lead dev knows 4Chan is onto him. "In two hundred years they will write in the history books about how the new founders the next phase of civilization met on 4chan

where they spoke an early version of memolog"

>market cap, lol
the depth is like $25k max
Don't get me wrong, I think things are going well and I am glad people are interested
but selling more than a tiny fraction of that wouldn't work right now

Anyone not trying to get to know Snow right now isn't going to make it. This is not a pump and dump. I repeat this is not a pump and dump.

Also the quantum stuff is FUD. This is the best we have when it comes to resistance. Exponentially more resistant than BTC. Anyone who is fuding this doesn't understand that those who speak in mathes speak in absolutes. That's fine. Let them. They are protecting us from the nukes getting hacked.

>> No.11586625

>>11586599
FOMO starts kicking in here.. hows that exchange qtrade? Looks janky

>> No.11586635

>>11586625
its shit

>> No.11586654

>>11586515
Never going to happen. Baseless FUD. Yes, the top 10 hold a lot, but one is the exchange, and one is "muh new Satoshi". I am #30 ATM.

>>11586556
Incorrect. Again, I don't ever need this money, so I will simply be buying more for trading.

>>11586599
Yep.

>>11586625
It's fine. Get your shit off the exchanges. There was a hack recently.

>>11586635
Incorrect.

-twu

>> No.11586667

>>11586654
>the exchanges. There was a hack recently.
on qtrade?

>> No.11586673

>>11586625
Lmfao you'll regret this

>> No.11586684

>>11586654
>>11586667
How do SNOW wallets even work? There doesn't seem to be a GUI yet

>> No.11586698

>>11586667
Yep.

>>11586673
If he buys it like BTC, I doubt he will.

>>11586684
Join the Discord.

>> No.11586828

Bump. #buysnowblossom

>> No.11586865

I'm almost certain this thread is full of shills/delusional bagholders. Do what you will /biz/. This guy only started shilling after 15k sats.

>> No.11586894

>>11586865
At this price, unless you bought OTC at $3 (when it wasn't on an exchange), or bought the 750 that were sold last night, it is literally impossible to be a bagholder.

Seems to me even the $3 OTC buyers from May are comfy and have just bought more.

I don't know what else to tell you.

-twu

>> No.11586908

>>11586865
Incorrect.

Check the archive for my call at 6,500 sats.

>> No.11586918

>>11586865
Here, I found an early one for you. I began earlier, but I can't seem to find them.

>>11492625

>> No.11586924

>>11586865
Lmao wrong. I believe I witnessed the first shill here, and my first 50 dollar (kek) buy in was around 8k SATs until I more than x3SEPTubled down at 11k after I realized what I was reading. I've been in the space since 2012, this is something else trust me.

>>11586684
The absolute state. If you want to make it you should be buying before GUI.

>> No.11586926

It seem many of you guys can't be helped, or are just trying to get my goat. It's funny. Whatever, as always this will have movements up and down, but in my strongest opinion of the year, if you aren't buying a suicide bag, you are going to be very sorry in time.

>> No.11586931

>>11586924
Yep. Proof already posted. Help me find the first one that nobody replied to. Sound familiar?

>> No.11586960

>>11586931
stop fucking shilling this coin

>> No.11587057
File: 596 KB, 2786x1240, snowblossom.png [View same] [iqdb] [saucenao] [google]
11587057

>>11586960
No. It's my part time job to get people into good things, early. We're all in this together. Do not underestimate the power of positive thought, etc.

Let the screenshots begin 6,000 - 7,500 sats. Can someone save this? Good or bad, I want a record.

>> No.11587062

>>11587057
-twu ^ sorry, I live in China and the internet fucking sucks.

>> No.11587078

>>11587057
Looking at this makes me happy. :)

>> No.11587105

>>11586960

Job 36:12

Snowblossom.
Freer, safer world.
World banking collapse.
Reveal the truth.

The Phoenix rises.

>> No.11587119

>>11587105
NICE.

>> No.11587124
File: 304 KB, 1990x1212, Screen Shot 2018-10-31 at 2.57.06 PM.png [View same] [iqdb] [saucenao] [google]
11587124

>>11587105
Capped.

>> No.11587129
File: 53 KB, 1258x260, Screen Shot 2018-10-31 at 2.59.25 PM.png [View same] [iqdb] [saucenao] [google]
11587129

Main dev for SNOW is scouting from NIST post quantum cryptography mailing list
Confirm in the Snow slack
This is the guy who built the first BTC infrastructure...

>> No.11587139

Info drop :

"This is a great question. I don't know much about XMSS but it seems to be a merkle based system, and if it is like other merkle based systems I've looked at, it's security comes from only using each key once. That is all well and good, but if that is your approach then a wallet that defaults to using a new address for each change and each payment so you end up only using a given key once gets you the same protection. Snowblossom 1.3 wallet does this by default.
As far as the large RSA keys, they can be still be broken by a quantum computer that is big enough, but making them larger is not at all easy so probably buys at least a year, probably more like a decade between one big enough to break normal elliptic curve and the large RSA. But really, no one knows. Some of the big players (like IBM) have put out statements basically warning to be ready for quantum computers.
NIST is running a contest for post-quantum cryptography. There is a bunch of interesting work being done there: https://csrc.nist.gov/Projects/Post-Quantum-Cryptography/Round-1-Submissions
So one of the key advantages of Snowblossom is the signing system is already modular so adding a new signing method will be easy. So we are well positioned to adopt the winner or finalists of the NIST contest as that moves further along.
For a long term investor, that would look like using qhard keys in Snowblossom and then once we adopt one or more algorithms from the NIST contest and update snowblossom, an investor will want to move their funds from a large RSA protected wallet to the new algorithm. Hopefully, given how hard it is to add qubits to a quantum computer the window to do this will be at least a few years."

>> No.11587195

*crickets*

bullish.

>> No.11587200

>>11587129
>believe us because we said so

K BRO

>> No.11587222

>>11587200
Maybe if you'd like, you'd see he's right.

>> No.11587223

Is this worth selling off a few thousand link to buy?

>> No.11587250

>>11587223
>hes planning to sell his link on the flavor of the month shitcoin

jesus christ. GG op, you win. I can't save these people.

>> No.11587251

>>11587139
>So we are well positioned to adopt the winner or finalists of the NIST contest as that moves further along.
For a long term investor, that would look like using qhard keys in Snowblossom and then once we adopt one or more algorithms from the NIST contest and update snowblossom

Nice find

Its amazing to see the fud get shot down so fast around this coin. It seriously reminds me of Satoshi answering questions about the viability of Bitcoin like some Dragon Ball Z fighter.

Also fuck EOS.
" If you don't believe me or don't get it, I don't have time to try to convince you, sorry." - Satoshi
https://bitcointalk.org/index.php?topic=532.msg6269#msg6269

>> No.11587262

>>11587251
NICCCCCCEEEEEEEEE.

Boom.

/thread

>> No.11587269

>>11587251
Shivers.

>> No.11587292
File: 164 KB, 1346x973, IMG_20181031_092409.png [View same] [iqdb] [saucenao] [google]
11587292

tick tock, snowstorm soon

>> No.11587310

>>11587292
This doesn't mean shit but show how fast this coin will become unprofitable to mine and become a dead shitcoin with bagholders and no actual miners.

>> No.11587320

I can easily see this pulling a Raiblocks-style move

>> No.11587338

>>11587310
thats not how it works, brainlet. difficulty will drop once field 8 activates because less ram miners

>> No.11587359

>>11587292
MINISTER YOU, SNOWSHI

>> No.11587367

>>11587338
Yep. Although, Snowshi is quoted it's possible that it could become unprofitable to mine, I highly doubt it will come to that.

>> No.11587419
File: 162 KB, 1178x662, 153096473918028.png [View same] [iqdb] [saucenao] [google]
11587419

i made a few threads back in may, think i got 3 responses in total and none positive. it's good to be skeptical of some of the complete and utter shit posted on here but hopefully some biz bros decided to take a look.

>> No.11587434

>>11587419
Nice one, anon. Can you find them?

>> No.11587455

>>11587434

this looks like one >>/biz/thread/S10132896

>> No.11587466

Are Snowblossom threads just two guys sucking eachothers dicks? Seems like it, 27 posts and 10 posts by same IDs. Shame, this could actually be something

>> No.11587528

>>11587466
>>>/biz/thread/S10132896
It's mostly me, -twu, because yeah, nobody is listening.

Another anon found something that could be VERY interesting.

We are looking into it.

>> No.11587532

>>11587455
Nice!

I think this was when it was $1.20-$2

>> No.11587633

Bump.

>> No.11587644

>>11587528

>Another anon found something that could be VERY interesting

go on..

>> No.11587689

You guys are jaded from miner centralization. Don't forget this is best decentralization we've seen yet. It shouldn't be unprofitable to mine as long as you would normally use your computer. If you were trying to run several computers to mine it then this could possibly be unprofitable to mine at some point in time. This isn't a mining farm or bot net cryptocurrency, this is something new.

Also protip turns out messages can be written into the chain.

>> No.11587715

>>11586684
>>11586698

there’s a slack too. either will help you out.

>> No.11587921

>>11587644
We're checking. Will continue to post any new info we find.

>> No.11587928

>>11587689
Does this have to do with the Genesis block as well? This is what we're looking into.

>> No.11588176

>>11587689
Well?

I'll stop bumping this now, unless chatter continues. Until next time

-twu

>> No.11588340

>>11587528
>>11587928

where is this investigation being conducted?

>> No.11588399

>>11588340
I guess it's nothing. We thought we found something insane...but I think it's a nothing-burger, for now. A nice tidbit though from another anon :

"It appears chain checkpointing has been achieved by Snow. This means that Lite Nodes, full nodes, all that shit is a thing of the past now. The main problem between BTC and BCH and ETH right now is the centralization factor of large chains, users need to trust the nodes they are connected to are synced to the right chain. Originally chain size wasn't an issue because there was more nodes, everyone who ran a wallet was a node basically. ETH chain size is like 1 TB now making it difficult AF to sync especially since you download it p2p. Another thing that checkpointing will change is blocksizes, since the chain can be kept minimal and segmented blocksizes can be left alone, while normally they are kept limited at 1mb in order to prevent large pools of miners from spamming extremely large blocks - downloading them first (due to block propagation time) and then getting a head start on the next block.

Snow has this thing called fields, it has something to do with the difficulty and chain/block size. This is novel tech. I am still looking into it. If Snow doesn't encounter anything "breaking" then they should be able to overcome the chain and blocksize problem. For the regular user this means way faster TPS and way more decentralization since nodes can be ran by average people.
This might be groundbreaking.
Cardano has been working on checkpointing for years, they call it bootstrapping by the genesis block. Miners/nodes can know immediately they are on the right chain by the genesis block ALONE.
It might be something like max chain size at snowfield 11 (2 terabyte) which is probably hilariously larger than the solarsystem mining or something
The chain allows for reorganization and all the UTXOs are stored in the blockheaders (which is fucking amazing, simply put)"

>> No.11589260

>>11588399
The fact that nobody has anything to say about this is bullish as fuck.

>> No.11589341

ALL SELL ORDERS MOVED UP TO 18,000 SATS.

>> No.11589356

>>11589341
Oh, sorry, I'm a brainlet, I was on the second page. Kek.

>> No.11589392
File: 6 KB, 267x189, laugh.jpg [View same] [iqdb] [saucenao] [google]
11589392

>>11589356
The first step is admitting you're a brainlet, good job anon! Only a matter of time though

>> No.11589421

>>11589392
Honestly, after the first few threads, I am surprised this is still under 50,000 sats. No FOMO. Just saying.

>> No.11589448

$45K volume. Nice.

>> No.11589457

>>11585906
Because nobody cares at all

>> No.11589486

>>11589457
Doubtful.

>> No.11590065

I'm almost glad that all the naysayers at least got to see the name. Reminds me of almost everyone's reaction to Bitcoin. It passed by most of us as internet money and it wasn't until it pumped without us that we decided to finally jump in and truly try to understand what was going on. Same thing will happen with Snow. Those who see this will be delivered when they surrender to the truth.

Block number 523850 something happened. The Phoenix rose, Snowblossom.

>> No.11590626

Either way you slice it, there's some serious discussion these last few threads. Sure, mostly by a few people, but it's got eyes (and legs) now. I've done my beginning's.

>> No.11591384

I'm buying $100 worth of it. Fuck this. Was going to gamble it on bitmex anyways.

>> No.11591389

>>11590065
You are getting corny now...

>> No.11591577

>>11591384
Good call. Keep throwing $100 at it for a year. Treat this like BTC. I seriously doubt you will be upset with the decision.

>> No.11591633

Almost a solid full day with no sells. Killer.

>> No.11591660

This thread is literally the same guy replying to himself

>> No.11591749

>>11591660
Wrong. I have a lot of posts ITT, but I know which ones are mine.

-twu

>> No.11591781
File: 72 KB, 1834x142, Screen Shot 2018-11-01 at 1.31.55 AM.png [View same] [iqdb] [saucenao] [google]
11591781

Cute. YW. ILU. <3