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54061735 No.54061735 [Reply] [Original]

Still holding. Still not selling until the first halving. Still gonna invest in the IPO.

>> No.54061757

>>54061735
Still no one cares.

>> No.54061829

>>54061735
Oh hey chigger, your shitcoin is a security by the way. Have a nice day.
https://nymag.com/intelligencer/2023/02/gary-gensler-on-meeting-with-sbf-and-his-crypto-crackdown.html
>“Everything other than bitcoin,” Gensler told me, “you can find a website, you can find a group of entrepreneurs, they might set up their legal entities in a tax haven offshore, they might have a foundation, they might lawyer it up to try to arbitrage and make it hard jurisdictionally or so forth.” In other words, there are people behind these cryptocurrencies using a variety of complex and legally opaque mechanisms, but at the most basic level, they are trying to promote their tokens and entice investors. (Bitcoin, because of its unique history and creation story, is fundamentally different from other crypto projects in this respect.)

>> No.54061858
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54061858

>>54061829
haircomb liquidity is stacked on the bitcoin chain
its a quantum proof smart contract chain that earns from a fee market but legally is indistinguishable from bitcoin and invisible on the bitcoin chain itself

>> No.54061888
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54061888

>>54061735
Based. Moon soon. Chia for life. Most secure. Green! No PoW. no PoS scam. Just beautiful.

Fudders are just jealous their bags are small.

>> No.54061899

>>54061735
I forgot about this shit. haha remember when you guys fucked up the ssid market for a while? crazy times
anyway nobody gives a fuck about you any more
also crypto is gonna crab for another year
also everyone agrees proof of hardware is cucked
also kys

>> No.54061980

you realize the halving only applies to bitcoin, yes?
everything else just keeps going down, at best you can stabilize an asset with an altcoin halving, but then the downtrend continues as normal.

>> No.54062074

>>54061735
Cope.

>> No.54062211

>>54061735
>ipo
kek

>> No.54062435

>>54061888
now include the premine in the calculation

>> No.54062438

>>54061829
fuck off schizo
XCH does not pass the Howey test
simple as

>> No.54062619

>>54061829
As other anon said, how exactly does Chia pass the Howey test? No coins were ever sold

>> No.54062846
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54062846

>>54061735
chia is a sorry excuse for people who have shit internet and cant host efective decentralized storage. Instead of doing good and benefiting sociaty they are ploting a preploted coin.

>> No.54063053

>>54062846
>Decentralized storage
A concept that has no tangible benefit over the 'standard' way most people deal with their cloud storage. Largely simpler and cheaper to just use the more centralized methods, and if you have sensitive data you don't want hosted and able to be seen you'd just run your own server or just keep it locally at home. On the bigger company side they definitely wouldn't be using a blockchain solution. At least the ETH/BTC Layer 1 method of doing things has some kind of benefit over traditional methods of banking and whatnot (as small as that may be, not everything needs blockchain)

>> No.54063128

>>54061735
I like the idea of Chia.
What I don't like is how the founding company hoarded so much "pre-farmed" (?) Chia and then act like it's no big deal.
>>54061888
Ch-ch-ch-chia checked.

>> No.54063175

>>54062435
The premine isn't just gonna be dumped onto the market. I'd say at least it'll take 10-20 years in coin dividends to deplete it and put it into the market (after the IPO is complete and the company goes public).

>> No.54064621

>>54063128
I mean if the devs do exactly what they say they're going to do (keep the premine locked up and then give it out as dividends) I don't see the issue. If you genuinely believe blockchain cryptocurrency is the future the size of the premine, while definitely high, won't mean anything the whole scheme of things.