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/biz/ - Business & Finance


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3174627 No.3174627 [Reply] [Original]

Sup /biz/

Thoughts on Obsidian?

https://bitcointalk.org/index.php?topic=2004871.0

Thinking about dropping 1 ETH on the ICO.

>> No.3174640

>>3174627
Seems like a good idea. Hasnt been one like it yet. Great for pedos and money launderers tho

>> No.3174677

>>3174627
I've got 26k ODN. I'm ready

>> No.3174691

>>3174640
Cryptocurrency is pretty much technology for pedos, sex traffickers, snuff porn, and money laundering/tax evasion for the rich. None of which are mutually exclusive.

>> No.3174715

Threw in 2.5 eth during 10% bonus phase.
May not be a 20x coin like some of the bigger ones in the long run, but expect 2-3x once it hits exchanges

>> No.3174717

>>3174691
Exactly why i said it looks good.

>> No.3174737

Here's a big red flag I mentioned in a previous thread:

They don't know if they are going to charge for messages or not.

The whitepaper says something like "Messages will cost between $0 and $0.0023"

They're in a catch 22, because if they charge for messages, at all, they will cut out a huge number of potential users.

If they don't charge for messages, it is far more difficult to incentivise masternode holders, and therefore guarantee network stability.

That's a difficult situation, sure, but my real issue is that this *is not yet resolved* at the ICO stage.

They're selling tokens and they don't even have a fully laid out financial/incentive plan for the tokens.

Not a good sign.

>> No.3174755

>>3174737
IOC answers that. .001 per message, but its virtually free if you stake.

The dev team will adjust pricings if trhe community demands it.

>> No.3174782

>>3174737
Thats a big red flag. Hopefully they figure something out. Seems like a good project imo

>> No.3174790

>>3174737
Partially right, partially wrong.

Casual users pay nothing.

Power users do pay (as an anti-spam measure), but $0.000023 per message, not $0.0023.

This has been asked and answered in the slack.

>> No.3174816

>>3174627
Bought 5k coins, 2 dorrar by end of year.

>> No.3174821

>>3174627
you realize shilling the coin is just going to dilute your gains right

wait until the ico ends to start shilling it you absolute moron

>> No.3174845

>>3174821
Kek saged

>> No.3174870

What's the total supply

>> No.3174905

>>3174870
about 98 millions I think