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/biz/ - Business & Finance

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13640000 No.13640000 [Reply] [Original]

Don't tell me that you weren't warned.

https://twitter.com/Admazzola/status/1128057053400973313?s=09

>> No.13640031

>>13640000
What a waste of quads. Kys with this miner pnd bizmeme

>> No.13640164

>>13640031
It has the exact same mining dynamic as Bitcoin, was that also a miner pnd scheme in your opinion?

>> No.13640172

>>13640164
Yes.
/thread

>> No.13640221

nice get, where my based orangebois at

>> No.13640233

winklevosses love bitcoin, create a stable coin on ethereum, makes perfect sense they gotta like 0xbtc

>> No.13640246
File: 121 KB, 1092x491, vladshill1.png [View same] [iqdb] [saucenao] [google]
13640246

>>13640000
nice quads

This literally made my day. I fomoed after seeing this and bought 700 more. Above 5k now

>> No.13640415

>>13640000
checked, based and orangepilled. Doesn't get much more bullish than this

>> No.13640552

Should I get back in to 0xbtc?

>> No.13640633

I'm a 0xBTChad from summer 2018 (golden days boys, golden days...), and even I am wavering in my faith. Nevertheless, damn it to hell, this token is genius in its simplicity, and if we go to the moon or the bottom of the ocean, I'm strapped in. Big test: this emerging bull market, and when Ether goes proof-of-stake. We'll see if we can make it there before we go to a penny.

I have an extremely hard time believing the first proof-of-work token ever doesn't have a bright future ahead of it.

>> No.13640676

i lost mine wat do i had about 1000 tokens

>> No.13641146
File: 36 KB, 641x530, 1525268786652.jpg [View same] [iqdb] [saucenao] [google]
13641146

>>13640000
What is this quad

>> No.13641227

>>13640164
Honestly shut the fuck up it’s not even remotely comparable. Let this piece of shit die already.

>> No.13641258

>>13641227
Except that it is, code doesn't lie

>> No.13641264

>>13641227
i don't think you understand what "comparable" means. or you just like lying and/or saying stuff that doesn't make sense

>> No.13641339

Is this real?
The winklevoss likes 0xbitcoin?
Fuck sake why didn't I buy more
I feel like killing myself
They are adding it to Gemini too...
Fuck.

>> No.13641374

>>13641339
I suppose it makes sense since its one of the few legit projects, I always predicted eventual adoption, but not this quick.
Fuck.

>> No.13641390

Well the price hasn't reacted, it's just a hoax
R-right
It's fake r-right

>> No.13641405

Be real here guys chainlink is a scam r-right?

>> No.13641444

Winklevoss one of the only legit people in crypto too
Fuck fuck fuck....
He wouldn't list it unless he had big bags though right?
Safe to say we have time to accumulate.

>> No.13641535

>>13641444
Yes still have time

>> No.13641571

>t. $4 bag holder

>> No.13641594

>>13640164
for the nth time, bitcoin's proof of work helps secure the network. distribution is a component of the pow formula, not the sole reason for it
imagine building an app store like the apple store. except you're not apple, you don't manufacture phones nor build OSes. there's no need for your app store even if it's functionally identical to the apple store. and you're urging everyone to invest in your apple store because developers are going to come and sell their apps to it, and users are going to come and buy apps on it; but there's absolutely no reason either of these populations would do that
this is literally the 0xshitcoin situation right now. you've got one component, nigh useless without the whole engine

>> No.13641739

>>13641594
your analogy sucks. this stuff has value because it is very moneylike and anyone can verify that there is no secret boss or cabal who can print it at will. it is the second coming of bitcoin, programmable, in a more flexible framework

>> No.13641836

>>13641739
that's actually another point against it: everyone can verify a disproportionate amount of the supply was mined by anonymous addresses who may very well be a cabal or even a singular entity
there's no reason to participate in such a system. if it ever proves to have any kind of significant usecase, it will make more sense to fork the contract and rebalance the emission rate to a sane approach
there's also no option for upgradability built in the contract, so as far as flexibility goes, nada. a sensible token wanting to behave as money would have been designed as DAO from the start. but 0xbitcoin, as the name implies, is not looking forward but backwards. it copies a popular brand and settings that have been proven to be somewhat flawed in order to lure the low IQ population swayed by familiarity

>> No.13641890

>>13641594
Why is winklevoss interested?

>> No.13641938

>>13641890
I suspect it has something to do with Lava protocol. Can't be sure yet, I'm still reading Gemini usds whitepaper.

>> No.13641987

>>13641938
It wouldn't surprise me if he'd mined a lot, he was an early Bitcoin investor after all.

>> No.13641991

>>13641890

I don't see any proof that he is.

>> No.13642021

>>13641987
maybe he's 0xPizza

>> No.13642037

0XBCC

>> No.13642139

>>13642021
No he’s not.

>> No.13642311

>>13641836
The lava token is literally an upgrade on 0xbtc. That's another beauty of this coin

>> No.13642365

Does anybody here have any sort of reading comprehension? Why should the price react to the literally-who dev shilling it to a celeb, when said celeb didn't even say anything related at all?

>> No.13642422

If Infernal faggot gets this on Gemini I'll suck his piss flaps

>> No.13642431

>>13642365
tl;dr the voss did put a like on infernals tweet

>> No.13642479

>>13642431
Well that's embarassing for me

>> No.13642484

Report this for fraud to the CFTC

>> No.13642490

This shit is gonna make me so filthy fucking rich

>> No.13642800

>>13640000
holy shit!

>> No.13642820

>>13640000
Checked and Based. Anons will cry in 1 year when they look back through the /biz history to see posts like this and realize they didn't get in.

>> No.13642891

>>13641991
He liked the tweet!

>> No.13642898

last plane out

>> No.13642949

Juh-juh-juh-Geminiiii

>> No.13643269

>>13642949
shhhhhh

>> No.13643512

Love the fud. Do your own research half these arguments are flat out wrong and the other half misguided. This shit is probably the last 10000x

>> No.13643538

>>13640000
cool clock, tyler!

>> No.13643760

Do you guys realize that PoW, like any proof-of system, is purely there to secure the network and doesn't actually have any benefits beyond that? Nobody likes it other than those who profit from it via mining, as it makes the currency inflationary, which is not a good thing for holders, but essential for network security.

0xBTC is already secured via the Ethereum PoW system. Adding an artificial PoW system on top of that offers NO benefit whatsoever. It's just adding a big negative for no reason.

It's literally a token which does absolutely nothing, which is somehow made worse. I'm truly amazed that people don't understand this.

In b4 "muh it makes it fair muh natural distribution". Newsflash: 99.9% of people don't care.