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/biz/ - Business & Finance


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14363394 No.14363394[DELETED]  [Reply] [Original]

buy it

>> No.14363425
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14363425

>>14363394
What is it? The sunny-side up coin?

>> No.14363783

LURKERS & NEWFAGS BEWARE - 0xBITCOIN WAS A BIZ PND THAT THOUSANDS OF ANONS GOT BURNT ON IN 2018

0xBitcoin was a /biz/ invented FPGA miner scam token.
Almost everywhere online 0xBTC threads are deleted, ie plebbit, its that big of a scam.
The actual daily 24hr volume on 0xBTC is under $10,000 - CMC reported volume is 95% wash trading
Don't believe me then buy $300 worth of 0xBTC and watch the price move by 20%

Around the time that these miners were pumping 0xBTC they shilled /biz/ CONSTANTLY with it.
There was at least 15-25 spam threads about it daily up until they dumped their bags on all the anons buying in.
It was a coordinated pump and dump and these 0xBTC scamming faggots think that /biz/ has forgotten about what they did.
Lots of anons were fooled into buying it at $2-$4.
Now there are tons of bag holders of this shitcoin and ALL of the 0xBTC threads on /biz/ are made by these miner faggots where they coordinate /biz/ shilling in their 0xBitcoin discord.

This project has a better chance of always being worthless than even worth $5.
No one will really tell you the truth about this scam because so many ppl were suckered into buying it on /biz/
Truth is, not many ppl are smart and wise to scams and it takes a high IQ to realize that 0xBTC is a miners scam token.
What's more is the FPGA miners mining this shit are now only making about $0.08/0xBTC and it keeps dropping.
It's incredibly not profitable for anyone besides FPGA fags to mine this shit.

Don't fall for this fucking miner scam token, its always going to be worthless.
>entirely community driven
>zero money for marketing or exchange listings
>scam artists for devs - who literally orchestrated a pump and dump on bizlets
>miner shill faggots who constantly spam threads about it bc they are so desperate for you to buy their bags because LITERALLY NO ONE IS BUYING THIS SHIT ANYMORE

What's more is that 0xBitcoin DOESNT EVEN PUMP WITH LEGACY BITCOIN!!
>do not reply to 0xbtc shill posters

>> No.14363982

>>14363783
One of the biggest criticisms to 0xBitcoin is that it distributes via Proof of Work, but it uses Ethereum's PoW as security rendering smart contract proof of work as redundant. I would argue that the economics of electricity-based distribution stands on it's own, however, taking a step outside of my own bias I realized that perhaps there's a point here - even better, an opportunity.

This is a diagram I put together late last year outlining a suite of potential Layer 2 applications using 0xBitcoin's proof of work. Put simply, one can propagate 0xb PoW onto Layer 2 services while keeping them decentralized. This image comes from a 2 part Medium article outlining the details of a simple system for those interested:

https://medium.com/0xbitcoinfoundation/arbitrary-off-chain-security-using-0xbitcoin-merged-proof-of-work-7c4ff0d07d3f

https://medium.com/0xbitcoinfoundation/arbitrary-off-chain-security-using-0xbitcoin-merged-proof-of-work-part-2-show-me-the-code-b63254f1d117

In essence, one can use a sort of 'merged mining scheme' to chain and secure multiple off-chain services like cross chain bridges, decentralized oracles, payment channels, or even layer 2 compute/storage systems, eventually rewarding the original miner 0xBitcoin fees for security services rendered. The really cool thing is that given the deterministic nature of 0xBitcoin's Proof of Work, these services would benefit from the security of 0xBitcoin's Proof of Work solution, without effecting any of the existing infrastructure. So all mining software and hardware, the mining pools ( shout out to Mikers ) and of course the contract itself remains unaffected. This is a new type of layer 2 infrastructure that can be daisy-chained between the mined solution and the mint() method of the 0xBitcoin contract.

We are currently experimenting with a crosschain bridge, and playing around with a layer 2 decentralized oracle. Hop on over to the discord and say 'hi', it's really friendly over there.

>> No.14364047

>>14363394
Don't post low-quality shill junk like this
Make substantive arguments, represent the community properly, whoever you are

>> No.14364093

>>14363394
Shit anons, the pajeets and new backs are coming back. Can we time it right this time? As soon as I see the thots im dumping

>> No.14364368
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14364368

>>14364047
You have to go back

>> No.14364554

>>14364368
no YOU have to go the fuck back. there is too much noise, too little signal. it is good to fight meaningless noise and encourage high-quality signal.

>> No.14364775

>>14364047
fuck off

>> No.14364798

>>14364554
fuck off.

>> No.14364829

>>14364798
no YOU have been told to fuck off, and it's final. noise loses, signal wins. we talk substance, we don't just use empty words.

>> No.14364898

>>14364829
suck a fat chode nerdlinger i do what i want.

>> No.14364922

>>14364829
i ONLY accept 0xbitcoin for my services. what have YOU done to generate demand fuckface? thats what i thought. nothing

>> No.14364930

>>14364829
between the noise from you and those anons i almost missed this >>14363982 signal.
But your point is a solid one.

>> No.14364966
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14364966

algorithm of bitcoin. erc20 so it's compatible with smart contracts. anyone can get it by mining, no special deals, no secret vips, no admins. true cryptocurrency according to meaningful criteria.

>> No.14365083

>>14364930
ok that is fair i too am guilty of some noise

>> No.14365148

>>14363425
obviously a niggercoin.

>> No.14365187

>>14364966
sounds gay. where can i spend it though

>> No.14365198

>>14365148
you are guilty of noise. we are here to talk about this project, not your deeply screwed up mentality

>> No.14365237

>>14365187
one example is just to use it as anonymous paypal on dexes.

>> No.14365254

>>14365198
speak for yourself, faggot. fuck your nigger-loving guilt.

>> No.14365275

>>14365237
lol what. where can i buy a real thing with the "currency"

>> No.14365360

>>14365237
this doesnt even make any fucking sense whatsoever. how is 0xbitcoin any better than ETH for this? the 0xbitcoin community would be better off if retards like you dropped dead.

>> No.14365433

>>14365360
eth is not capped. 0xbitcoin is capped. eth is not meant to be currency and will not function well as currency.

>> No.14365452

>>14365433
yeah but what can i BUY with it you blithering idiot.

>> No.14365594

>>14365452
All crypto has this issue brainlet.
>What can I buy with it
Fucking Low IQ you are

>> No.14365623

>>14365452
sorry, i think you just have very different goals or something, that's why we are talking past each other. you will probably be happier with some other project

>> No.14365630

>>14363982
>scammer posts daily topic with image + one-liner. effort: 0
>anons point out it's a scam with detailed explanations. effort: significant
>scammer comes back next week and remakes his thread
and this has been going on for the past year, so people are tired to refute this shit
besides, the pasta was posted
you're unable to refute it
you lose

you're the lowest of the low mate, basically acting like a jew but not even getting rewards for it. this is why people unironically hate pajeets - and odds are you're actually a white middle-class neet, which makes it another level of fucked up for you to fall this low

seriously take a look in the mirror anon

>> No.14365654

>>14365594
0xbitcoin is MEANT TO BE A CURRENCY YOU CAN SPEND YOU DENSE CUNT. IF YOU CANT BUY GOODS AND SERVICES WITH IT ITS POINTLESS DONT YOU SEE?

>> No.14365681

>>14365623
explain the usecase of 0xbitcoin. in your opinion what is the use of it?

>> No.14365748

>>14365681
true ownership and control over value, ability to transfer it to others without interference, inability for its value to be stolen via inflation, etc etc etc. i think you just have trouble seeing the value of something if you can't order something on amazon at this very second. in which case, i guess for you the vast majority of crypto projects are pointless and useless, including bitcoin. makes me wonder why you're here.

>> No.14365895
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14365895

>>14365748
hello you newfag asshole. how do you think bitcoin got to where it is today? do you think faggots like you just held it in their wallets?

pic related is how bitcoin became a real currency.

velocity of money.

liquidity

people spending it.

get a fucking clue

>> No.14365980

>>14365895
it'll happen for 0xbitcoin too. and it's much easier for an erc20. we have people talking about payment plugins for wordpress, etc. i am fully aware that won't be good enough for you, but who cares.

>> No.14366011

>>14365748
you people are as bad as muh store of value corecucks.

bitcoin is meant to be MONEY for SPENDING on buying things.

0xbitcoin MUST first be MONEY to become a store of value. you must be able to easily exchange 0xbitcoin for not only OTHER currencies but directly for goods and services or your currency will DIE OF AIDS and LACK OF LIQUIDITY.

LIQUIDITY And EXCHANGE FOR GOODS + SERVICES is what will give your CURRENCY COIN VALUE. or else it is just a turd.

the people in charge of this coin, are technocal nerds who know a lot about mining, and perhaps coding. but they know next to fuck all about human society and the interface with money.

the only thing that will give this coin increased value is increased USE. and since its only USE is a MONEY, it MUST be exchanged for goods and services SOMEWHERE in order for it to have value.

>> No.14366086

test

>> No.14366109

>>14365980
>it will happen

so make it happen you fucking spastic.

you are probably one of the whales of 0xbitcoin.

the only way to increase the value of your coin is to INCREASE the number of places that accept it as MONEY. so start accepting it as money yourself lead by example instead of sitting there saying "it will happen" like some limp wristed homosexual

>> No.14366133

>>14366011
you say this stuff like you're trying to drill a prophecy into the heads of some dumbfucks, but what you are saying is not news. the dumbfucks you think you are talking to understand what you're saying and are capable of doing what you're suggesting, whereas the opposite is not true, that is, you are not capable of doing the part they have done.

if anything, infernal's blase attitude toward development of the project as a currency is admirably decentralized. he does the parts he's interested in and leaves other parts up to the interest and enthusiasm of others. or to fail, if that's what happens.

you, i don't know what you do. you claim to accept 0xbitcoin for services. that's cool. the only part i can see for myself is you yelling that what you think should happen is not happening fast enough

>> No.14366157

>>14366133
yeah its not happening fast enough. why isnt there a website selling things for 0xbitcoin?

can you even buy 0xbitcoin stickers and mugs with 0xbitcoin?

this is basic fucking shit guys.

>> No.14366197

>>14366133
how much 0xbitcoin do you hold? i hold less than 500.

if i had more than 2000 of it i would be trying my damndest to drive adoption.

just set up a simple website where you can purchase 0xbitcoin merch with 0xbitcoin.

its childsplay and would be a step in the right direction after more than a fucking YEAR of lack of adoption and liquidity. sort your shit out