looking at all the shilling on here it seems like this coin is too good to be true. What are the arguments against its tech? not trying to fud, I just want to know if I should put more.

File: 3 KB, 224x224, xrb.png [View same] [iqdb] [saucenao] [google]

Anonymous Wed, Dec 27, 2017 19:34:28 No.5537461 [Reply] [Original]

looking at all the shilling on here it seems like this coin is too good to be true. What are the arguments against its tech?
not trying to fud, I just want to know if I should put more.

>>	Anonymous Wed, Dec 27, 2017 19:35:11 No.5537477 File: 585 KB, 526x475, bXrt9Yg.png [View same] [iqdb] [saucenao] [google] someone red pill me about how this is going to fail before i throw in 50k

>>	Anonymous Wed, Dec 27, 2017 19:36:09 No.5537513 >>5537477 same. itching to fomo with 5k gains from eth

>>	Anonymous Wed, Dec 27, 2017 19:36:21 No.5537520 >>5537461 free = vulnerable to spam attacks. they haven't figured that out yet. Theres fuck all overhead for someone to penny attack this coin and crush the network as we speak.

>>	Anonymous Wed, Dec 27, 2017 19:37:25 No.5537553 >>5537520 this coming from someone who has read a decent amount about XRB. that is the biggest downside atm that I saw.

>>	Anonymous Wed, Dec 27, 2017 19:38:24 No.5537585 There aren't any real negatives, get in before merchants start accepting it over BTC and it hits $100

>>	Anonymous Wed, Dec 27, 2017 19:39:35 No.5537615 >>5537585 i just listed the most glaring flaw in their free tx. do some research you will see the devs haven't sorted it out yet and are still working on a solution.

>>	Anonymous Wed, Dec 27, 2017 19:39:45 No.5537628 >>5537520 very much this

>>	Anonymous Wed, Dec 27, 2017 19:40:33 No.5537656 >>5537615 does this mean adding a second layer and charging a fee? aka iota

>>	Anonymous Wed, Dec 27, 2017 19:40:37 No.5537658 >>5537520 but they say you have to do a small POW with every tx so a spam attack could be costly. is it true?

>>	Anonymous Wed, Dec 27, 2017 19:41:43 No.5537693 >>5537658 it wasn't costly enough as it is that it would prevent someone from doing it in the future for any number of reasons. that being said this coin is dope. but that is the key flaw i would say with XRB right now.

Anonymous Wed, Dec 27, 2017 19:42:15 No.5537708

>>5537520
>>5537553
>Someone could spam attack it
The white paper already addresses this.
>However, the PoW required for each transaction limits the transaction rate the malicious entity could generate without significantly investing in computational resources. Even under such an attack in an attempt to inflate the ledger, nodes that are not full historical nodes are able to prune old transactions from their chain; this clamps the storage usage from this type of attack for almost all users.

>>	Anonymous Wed, Dec 27, 2017 19:43:08 No.5537734 >>5537708 i literally just read the dev AMA about this and he said himself the overhead wasn't enough right now and they would have to look at it. not gonna go find it because im lazy t. guy who bought xrb last week

>>	Anonymous Wed, Dec 27, 2017 19:43:48 No.5537758 >>5537520 What about pruning? The community and developers both suggest pruning the blockchain as a solution, if you’ve read a lot that answer is sort of hard to miss.

>>	Anonymous Wed, Dec 27, 2017 19:44:16 No.5537774 >>5537708 >nodes that are not full historical nodes are able to prune old transactions from their chain; this clamps the storage usage from this type of attack for almost all users. what does that mean?

Anonymous Wed, Dec 27, 2017 19:45:18 No.5537797

>>5537734
>not going to find it
>its totally this easy to spam it and clog it
I'll tell you what you FUDding retard, go clog it up right now. You have two hours to pull it off. If you manage to do it then I'll send you 1BTC. If you fail everyone will realize how much bullshit this is and how superior this coin is to IOTA.

>>	Anonymous Wed, Dec 27, 2017 19:46:18 No.5537835 >>5537615 That's being worked on, not a huge downside desu..

>>	Anonymous Wed, Dec 27, 2017 19:46:27 No.5537843 File: 49 KB, 645x729, durrr.jpg [View same] [iqdb] [saucenao] [google] >>5537797 yeah i'll get right on that

>>	Anonymous Wed, Dec 27, 2017 19:47:43 No.5537881 >>5537835 i know its being worked on. he asked what are the downsides, that is the only one i can see, why are people getting so fuckin snappy about it? it's not FUD it's the fucking truth

>>	Anonymous Wed, Dec 27, 2017 19:48:07 No.5537898 >>5537843 >I can't prove I'm right even when offered $15k to do so so I'll just call the other guy stupid

>>	Anonymous Wed, Dec 27, 2017 19:48:47 No.5537925 >>5537898 >everybody on 4chan has the technical ability to launch a spam attack for a bounty fucking mouthbreather

>>	Anonymous Wed, Dec 27, 2017 19:49:20 No.5537947 >>5537461 It takes days to sync your wallet. I got some coins last night and it's not done yet

>>	Anonymous Wed, Dec 27, 2017 19:49:47 No.5537962 >>5537881 so when this flaw is solved what's stopping this coin from become #1? why would any1 use anything else? I assume it will become the best coin for arbitrage

>>	Anonymous Wed, Dec 27, 2017 19:50:09 No.5537984 >>5537925 >its totally trivial to do this guys >what do you mean you expect me to do it? Of course I can't Fuck off shill, go shill your rapefugee coin on reddit some more.

>>	Anonymous Wed, Dec 27, 2017 19:50:11 No.5537985 No memes here. Quality discussion. That should say something anons. In addition, there’s a 42 BTC sell wall on mercatox. No one is selling and it’s been over an hour. Don’t miss out.

>>	Anonymous Wed, Dec 27, 2017 19:50:41 No.5538000 >>5537962 Nothing barring undiscovered issues. it's dope as fuck.

>>	Anonymous Wed, Dec 27, 2017 19:50:50 No.5538008 >>5537947 just download the data file separately, will cut the syncing to couple hours.

>>	Anonymous Wed, Dec 27, 2017 19:51:00 No.5538013 >>5537947 what do you mean? sync your wallet with what? Ive sent many transactions and it took a few seconds

>>	Anonymous Wed, Dec 27, 2017 19:51:20 No.5538026 1. Spam Attack possible 2. 7k tx/s is a meme, only realized in certain test conditions 3. Coin only transfers coins, not data. Can't use it to write applications on top of it to trigger mart contracts etc. Very limited in scope.

>>	Anonymous Wed, Dec 27, 2017 19:52:35 No.5538065 >>5538013 i suppose you are using web wallet

>>	Anonymous Wed, Dec 27, 2017 19:52:52 No.5538076 >>5538026 do you think the next big One will serve multiple purposes? (transfer of value AND data?)

>>	Anonymous Wed, Dec 27, 2017 19:53:59 No.5538119 >>5538065 yes, any reason not to? what the safest way to go?

>>	Anonymous Wed, Dec 27, 2017 19:54:25 No.5538133 >>5538076 Yes. (Hint: byteball does this)

>>	Anonymous Wed, Dec 27, 2017 19:54:40 No.5538143 >>5537513 Just remember the moment you sell your eth gains, suddenly money skell works his magic and the price moons. this happens without fail

>>	Anonymous Wed, Dec 27, 2017 19:55:24 No.5538171 >>5538119 web wallet is still vulnerable as any exchange wallet, if you want 100% security dowload destkop wallet, it takes time to sync all the bocks if you have older pc

Anonymous Wed, Dec 27, 2017 19:57:16 No.5538231

>>5538026
>1
Offer's open to you too, go clog it up tonight and I'll give out 1BTC, otherwise fuck off.
>2
Its still a lot and instantaneous right now.
>3
This is a positive not a negative, who the fuck wants to wait an extra hour just for whatever stupid cryptokitty shit just came out. There's a reason that Vitalik saw smartcontract cryptos as being completely separate crom cryptos meant to serve as currency.

Anonymous Wed, Dec 27, 2017 19:57:23 No.5538234

>>5538008
Do you know reliable source?
I found something but it was on yandex disk so I didn't even bother to download it

>>5538013
With the blockchain. I don't trust web wallets and prefer to keep everything either on my ledger nano s or on hardrive

>>	Anonymous Wed, Dec 27, 2017 19:59:22 No.5538307 >>5537881 Well, that escalated quickly. I really didn't intend to come off as snappy, sorry about that.

Anonymous Wed, Dec 27, 2017 19:59:52 No.5538321

>>5538231
i fucking love how this guy doesn't stop
>implying that pointing out spam attacks are possible means you can do one yourself

fucking retard logic folks. Anyone who could pull one off is far more rich and tech savvy than I am, it doesn't mean it's not possible. Goddamn you're thick

>>	Anonymous Wed, Dec 27, 2017 20:01:08 No.5538367 >>5538026 Very limited in scope? XDDDDDDD

>>	Anonymous Wed, Dec 27, 2017 20:01:17 No.5538372 >>5538321 Hey guys its possible to hack john mcaffees twitter. >NO IT ISNT, DO IT YOURSELF OR YOURE FULL OF SHIT >IF YOU CAN'T DO IT NOBODY ELSE ON THE PLANET CAN ANON

>>	Anonymous Wed, Dec 27, 2017 20:02:16 No.5538398 >>5538234 https//bitcointalk.org/index.php?topic=1381323.9300 theres one post here with the links, cant copy it directly because SPAM

Anonymous Wed, Dec 27, 2017 20:02:37 No.5538406

>>5538231
1. You're a retard, obviously just buying on fomo, discarding any critique by plugging your ears.
2. Yes
3. It's a negative. Smart Contract != Decentralized App like crypto kittys. You can have nonturing complete smart contracts, which are useful for something like betting for example, or holding money in escrow for commerce so both parties are incentivized to make good on the deal struck.

>>	Anonymous Wed, Dec 27, 2017 20:03:31 No.5538430 >>5538398 Great, thanks

Anonymous Wed, Dec 27, 2017 20:03:34 No.5538433

>>5538321
Spam attacks aren't hard and you're the guys that keep saying how easy it would be to do one on this so go do it or keep your mouths shut.
>>5538406
>Smart contract!=smart contract
Cryptokitties is just a couple smart contracts tied together brainlet.

>>	Anonymous Wed, Dec 27, 2017 20:03:46 No.5538437 >>5538367 >XDDDDDDD Hello newfag pajeet.

>>	Anonymous Wed, Dec 27, 2017 20:04:56 No.5538470 >>5538321 >>5538372 Jesus man, are you alright? You should probably take a break from the computer, get some fresh air and clean your thoughts. Nothing is worth being that angry about.

>>	Anonymous Wed, Dec 27, 2017 20:07:00 No.5538529 >>5538433 dude you are a fucking lunatic. Go ahead and keep talking and prove further that you have no capacity to logically analyze anything, you complete and utter doorknob

>>	Anonymous Wed, Dec 27, 2017 20:08:18 No.5538574 >>5538406 So increased complexity is a positive now? That's extremely subjective and VERY often not the case. You probably shouldn't be talking about stuff you have no clue about. Do one thing and do it well.

>>	Anonymous Wed, Dec 27, 2017 20:09:05 No.5538596 >>5538529 You're the guy too retarded to know how to do a spam attack that keeps insisting that this is easy to spam attack when its not. Hell I'll up it to 10BTC, you still wouldn't be able to pull it off.

>>	Anonymous Wed, Dec 27, 2017 20:09:31 No.5538613 >>5538529 Also is that you, David? Get back to the Raiblocks bounty hunting.

>>	Anonymous Wed, Dec 27, 2017 20:10:09 No.5538642 >>5538596 strawman argument

Anonymous Wed, Dec 27, 2017 20:11:07 No.5538666
File: 22 KB, 612x587, 1514045138912.jpg [View same] [iqdb] [saucenao] [google]

>>5537947
this will be sorted by providing light nodes/mobile wallets.

I expect to hit xrb at least $50 - $100 in the next couple weeks, after the whales have played their game. It's just simple math. Look at the tiny supply vs the gignatic supply of iota (which is fundamentally broken (or let's say experimental) and not fully decentralized. If the government in Germany says no to iota and the HQ get's raided it's over for iota.
The 12 billion dollar question? Guess which coin the big guys will buy once it's on their radar?

>>	Anonymous Wed, Dec 27, 2017 20:11:21 No.5538675 >>5538642 >doesn't even know what a strawman argument is

>>	Anonymous Wed, Dec 27, 2017 20:12:10 No.5538698 >>5538433 Only brainlet here is you, because you obviously think that smart contract = only turing complete program written in solidity This is not the case.

Anonymous Wed, Dec 27, 2017 20:12:22 No.5538708

>>5538596
i literally never said it was easy, i said it was possible

please read what people say and don't spice it up for your own white knighting purposes. I said spam attacks are possible: THEY FUCKING ARE.

That is literally the end of this debate. There is no debate, you're just a complete fucktard.

Anonymous Wed, Dec 27, 2017 20:14:24 No.5538772

>>5537461
1. Lack of explicit fees means it's defenseless against spam. It's only a question of mining power.
2. Requiring every transaction to use a costly pow fucks over exchanges and companies trying to use raiblocks. I mean if you had to make lots of payments you would need to have several servers just for mining transactions. Ridiculous.
3. The same pow fucks over low-powered computers (like slow smartphones) for the same reasons.
4. Because every transaction is separate it uses way more resources just to process them (more bandwidth, storage and computations). It's fundamentally less efficient.

In short, it's a shitcoin that got pumped out on iota's hype. In comparison, iota is a scam, as even with their coordinator it doesn't work.

Anonymous Wed, Dec 27, 2017 20:15:15 No.5538795

>>5538698
Never said that it was only that. Learn to read you illiterate.
>>5538708
Prove it faggot. Oh wait, that's right, you can't.

>argument
>its susceptible to spam attacks
>no its not, I'll even give you $150k if you can prove it is
>IT IS IT IS IT IS, I CAN'T PROVE IT IS BUT IT IS

>>	Anonymous Wed, Dec 27, 2017 20:17:01 No.5538838 >>5538795 I don't need to prove something the dev confirms himself. Again, doorknob, mouthbreather, etc. Keep on making a fool of yourself

>>	Anonymous Wed, Dec 27, 2017 20:18:18 No.5538877 >>5538838 >Absolutely no programming knowledge and calls others fools Go suckstart a shotgun faggot.

>>	Anonymous Wed, Dec 27, 2017 20:18:21 No.5538878 >>5538666 Why are people mean to Mercatox? I like using Mercatox...

>>	Anonymous Wed, Dec 27, 2017 20:18:52 No.5538896 >>5538772 at the same number of tx as bitcoin, would the mining ressources would be less or more that of btc?

>>	Anonymous Wed, Dec 27, 2017 20:19:32 No.5538911 okay you fucks you finally broke me im making a god damn bitgrail account right now and buying some of these fucking shits god dammit i hate myself, first for giving in and second for not just doing it sooner when I saw this shit at 1$ or whatever

>>	Anonymous Wed, Dec 27, 2017 20:19:43 No.5538917 >>5538877 HAHAHAHA Its easy to call someone as overtly deluded as you a fool. I don't give a fuck if you know how to program, I know what the dev said in his recent AMA and I know it's the opposite of what you're claiming: you fucking little fool.

>>	Anonymous Wed, Dec 27, 2017 20:19:55 No.5538928 >>5538878 high withdrawal fees

>>	Anonymous Wed, Dec 27, 2017 20:20:02 No.5538933 >>5538772 What would you recommend invest into?

>>	Anonymous Wed, Dec 27, 2017 20:20:02 No.5538934 >>5538911 bad time to buy

>>	Anonymous Wed, Dec 27, 2017 20:20:21 No.5538944 >>5538896 Orders of magnitude less That's a separate point thought, as raiblocks isn't a proof-of-work coin, while bitcoin is.

>>	Anonymous Wed, Dec 27, 2017 20:20:47 No.5538954 >>5538934 well thanks but ill just buy a small amount for now and see where it goes

>>	Anonymous Wed, Dec 27, 2017 20:20:51 No.5538957 >>5538772 Exchange PoW on client side - problem solved.

>>	Anonymous Wed, Dec 27, 2017 20:21:16 No.5538970 >>5538944 but doesnt every tx require a POW? from the reciever?

>>	Anonymous Wed, Dec 27, 2017 20:21:18 No.5538971 >>5538307 go back

>>	Anonymous Wed, Dec 27, 2017 20:21:34 No.5538976 >>5538934 People said the same thing at $1

>>	Anonymous Wed, Dec 27, 2017 20:21:46 No.5538987 >>5538934 Why? You think this sucker will go lower? I can see 1-2$ correction like yesterday, but nothing bigger then that.

>>	Anonymous Wed, Dec 27, 2017 20:22:04 No.5538993 >>5538917 The dev was being overly conservative because its worse for the main dev of a project to oversell than undersell. The reality is that it is not cost effective to spam attack this at all.

>>	Anonymous Wed, Dec 27, 2017 20:24:30 No.5539056 >>5537984 jesus you sound so retarded.

>>	Anonymous Wed, Dec 27, 2017 20:25:19 No.5539075 >>5539056 $150k is up for grabs still, feel free to prove me wrong.

Anonymous Wed, Dec 27, 2017 20:25:25 No.5539078

>>5538933
Regarding low marketcap coins I'm in enigma, like the idea and the team.
Mostly in ethereum though, I'm getting increasingly nervous that the bubble is going to pop and ethereum is one of the few that's not going to -99.9% as it's actually used.

Look at litecoin ath in 2013 and the minimum price afterwards, -99.9% is not a meme, it happened

>>5538970
Yes it does but wayyy less than what bitcoin mining uses.
I mean bitcoin uses more energy than the entire country of Ireland at this point.

>>	Anonymous Wed, Dec 27, 2017 20:27:20 No.5539132 >>5539075 you do realize me not being able to program a web server doesn't mean it's impossible. me not being able to paint the mona lisa doesn't mean nobody can progress beyond stick figures. you do realize you sound like a complete fucking retard.

>>	Anonymous Wed, Dec 27, 2017 20:27:28 No.5539137 >>5538772 Yeh the whole 'free' transactions doesn't seem right. Nothings free.

>>	Anonymous Wed, Dec 27, 2017 20:28:41 No.5539182 It's centralized

>>	Anonymous Wed, Dec 27, 2017 20:28:57 No.5539195 >>5538993 Ohhh oh i see. So now it IS possible, but it's "not cost effective". So you were, in fact, just being a deceptive fucking faggot all along. Gotcha, knew it, but thanks for confirming for everyone else.

>>	Anonymous Wed, Dec 27, 2017 20:29:13 No.5539204 who run the nodes and what are the incentives to do so?

Anonymous Wed, Dec 27, 2017 20:30:55 No.5539241

>>5539132
I also realize that I know more about this than everyone arguing against me which is why I'm confident enough to put up this sum of money.
>>5539195
If you go back and read all of my posts I didn't call it impossible a single time. Not being cost effective is nearly as good because people aren't going to throw resources into a blackhole.

>>	Anonymous Wed, Dec 27, 2017 20:31:40 No.5539265 >>5538772 Except it doesn't use a costly POW. It just verifies other transactions. Are you telling me your fucking phone can't do a couple of quick calculations but it can play 3D games?

>>	Anonymous Wed, Dec 27, 2017 20:33:18 No.5539327 >>5539204 i also would like to understand this what are the incentives to running a node transactions are "free" so obviously nobody is getting paid out for processing transactions or anything... right?

>>	Anonymous Wed, Dec 27, 2017 20:34:04 No.5539348 >>5539241 >implying there aren't any reasons to spam the network that would result in a net gain for the attacker, despite cost

>>	Anonymous Wed, Dec 27, 2017 20:34:31 No.5539361 71k satoshis on bitgrails right now first gains in my life like that

Anonymous Wed, Dec 27, 2017 20:34:39 No.5539365

>>5539241
>Not being cost effective is nearly as good because people aren't going to throw resources into a blackhole.

What does 'cost effective' means. It's not possible to short raiblocks now, so there's no way to profit from destroying the network. Spamming it to the point of total unusability is a question of few hundred bucks for several ec2 gpu instances. Or several gpus in a existing mining farm.

>>	Anonymous Wed, Dec 27, 2017 20:36:40 No.5539417 >>5539365 You'd need closer to $2k/hour to keep it up.

Anonymous Wed, Dec 27, 2017 20:38:43 No.5539483

>>5539265
>Except it doesn't use a costly POW.

Uhh it does, did you actually try to send a transaction from a wallet? It takes several seconds and uses 100% of one core.

>>5539417
Yeah no. Raiblocks pow has to work on a normal cpu so gpus are >30x faster. Just like original bitcoin cpu miner vs gpu miner.

>>	Anonymous Wed, Dec 27, 2017 20:40:29 No.5539543 >>5538928 Oh. No wonder I still like it, I haven't withdrawn anything yet.

>>	Anonymous Wed, Dec 27, 2017 20:40:31 No.5539546 >>5539483 >Yeah no. Raiblocks pow has to work on a normal cpu so gpus are >30x faster. Just like original bitcoin cpu miner vs gpu miner. >If you can mine it on a CPU you can mine it on a GPU Go try to mine quark with a GPU.

>>	Anonymous Wed, Dec 27, 2017 20:42:45 No.5539613 >>5539417 2k AN HOUR? THATS "NOT COST EFFECTIVE" TO YOU? LOL THATS FUCKING PEANUTS DUDE

>>	Anonymous Wed, Dec 27, 2017 20:45:22 No.5539699 >>5538911 >send a test transaction of .1 LTC to make sure the site works >wait for 11 confirmations before it finally reaches wallet >try to buy 2 XRB with my .1 LTC >Minimum trade 10.00000000 XRB wew okay then

>>	Anonymous Wed, Dec 27, 2017 20:47:12 No.5539754 >>5539546 Raiblocks uses blake2 hashing which has the exact same performance characteristics as sha256 mining. Gpus destroy cpus, fpgas destroy gpus (regarding energy efficiency at least) and potential asics destroy fpgas.

>>	steve Wed, Dec 27, 2017 20:48:19 No.5539779 we were talking about this exact coin in our discussion group https://discord.gg/vNGsENy lots of useful crypto advice! good luck

Anonymous Wed, Dec 27, 2017 20:48:22 No.5539783

>>5539204
>>5539327

>If someone is using xrb and it saves them hundreds or thousands of dollars per month in fees and customer irritation in delayed payments, they have a direct monetary incentive to using xrb and a monetary incentive in the health of the system.

>>	Anonymous Wed, Dec 27, 2017 20:48:31 No.5539791 >>5539699 bitgrail worked fine for me no need to test just send btc

>>	Anonymous Wed, Dec 27, 2017 20:50:14 No.5539860 >>5539783 okay maybe, but who runs them at the moment?

>>	Anonymous Wed, Dec 27, 2017 20:50:27 No.5539868 >>5539265 Look at this video anon https://www.youtube.com/watch?v=ozdu_JfQXP4#t=3m23s It takes 20 seconds to mine one transaction on a desktop pc. It's going to be a minute+ on a modern smartphone.

>>	Anonymous Wed, Dec 27, 2017 20:50:35 No.5539879 >>5539783 damn i dont like the sound of that "incentive"

>>	Anonymous Wed, Dec 27, 2017 20:52:03 No.5539924 I've been doing arbitrage on that big sell wall on Mercatox and the higher bitgrail price all day. Thanks for the free money guys.

>>	Anonymous Wed, Dec 27, 2017 20:52:55 No.5539954 >>5537520 This is true, but they're aware of this, and for now, I'm fucking able to transfer my coins instantly. This coin's gonna moon even more.

>>	Anonymous Wed, Dec 27, 2017 20:54:42 No.5540015 >>5538026 >Coin only transfers coins, not data. Can't use it to write applications on top of it to trigger mart contracts etc. Very limited in scope. lmao muh smart contracts. Instant liquidity for a cybersecurity is plenty for now.

>>	Anonymous Wed, Dec 27, 2017 20:55:44 No.5540052 >>5540015 my b, cryptocurrency*

>>	Anonymous Wed, Dec 27, 2017 20:56:31 No.5540083 Follow this discord chat for the pump! (24k+ members) https://discord.gg/cXg4Re should be easy money

>>	Anonymous Wed, Dec 27, 2017 20:58:33 No.5540157 >>5539924 whoa the price difference atm is over 1$ this is going to explode when the wall is gone

Anonymous Wed, Dec 27, 2017 20:59:47 No.5540195

FUCK i hate transferring funds between exchanges
so nerve wracking

>>5539791
>>5539699
>send .1 LTC
>it shows up as pending almost immediately in bitgrail wallet, fully confirms quickly after
>later
>send 9.9 LTC
>its not showing up in pending even though I see it confirming on the litecoin block explorer
>furiously f5'ing the bitgrail wallet and praying that nothing gets fucked up

why is crypto just the worst

Anonymous Wed, Dec 27, 2017 20:59:57 No.5540202

>>5539860
>>5539879

Just random people who hold the coin and likely the devs running nodes. Its basically going to be reliant on gaining critical mass adoption for it to continue into the long term because electricity isn't free and this is a fickle market. Its why I steered clear, bitcoin itself took years and fanatics to get this point of critical mass adoption. It'd be cool if it really took off and was crazy successful though but the market is so volatile and speculation is so rife. Raiblocks needs to hold against critique if its going to withstand and keep its followers.

>>	Anonymous Wed, Dec 27, 2017 21:00:10 No.5540211 >>5540157 W-wait I made another account so I can get one last free 10% on a bitcoin.

>>	Anonymous Wed, Dec 27, 2017 21:02:34 No.5540301 >>5540211 NOO you fuckers. you stole it. I had my eye on that 64,441k sat wall.

>>	Anonymous Wed, Dec 27, 2017 21:02:38 No.5540306 This thing is wrecking it. Jesus the gains when this comes to big exchanges.

>>	Anonymous Wed, Dec 27, 2017 21:03:52 No.5540356 File: 38 KB, 1101x313, signal.png [View same] [iqdb] [saucenao] [google] Guys, is this a signal?

>>	Anonymous Wed, Dec 27, 2017 21:05:19 No.5540406 >>5540195 Gone forever sorry

>>	Anonymous Wed, Dec 27, 2017 21:06:17 No.5540439 File: 29 KB, 741x568, 1508198344269.png [View same] [iqdb] [saucenao] [google] >>5539868 Wait, so you can still mine raiblocks? Or is that a replacement for "process transaction"?

>>	Anonymous Wed, Dec 27, 2017 21:06:55 No.5540457 File: 75 KB, 506x608, 1500997878710.png [View same] [iqdb] [saucenao] [google] >>5540406 FUCKING LITERALLY WHO SHITEXCHANGE I SHOULD HAVE KNOWN NOT TO TRUST YOU RAIFUCKERS RRRREEEEEEEEEEEEE

>>	Anonymous Wed, Dec 27, 2017 21:07:30 No.5540475 >>5540301 I just dont get it, its 73k on bitgrail and there are ppl selling at 66-67k after the wall fell, they are giving away free gains

>>	Anonymous Wed, Dec 27, 2017 21:08:00 No.5540493 Pump Incoming Buy the rumour https://discord.gg/Za58p27

>>	Anonymous Wed, Dec 27, 2017 21:09:10 No.5540529 >>5540439 Each wallet has it's own blockchain. You're basically mining your transaction when you wire XRB.

>>	Anonymous Wed, Dec 27, 2017 21:09:56 No.5540552 File: 44 KB, 542x675, 1498584720879.jpg [View same] [iqdb] [saucenao] [google] >>5540529 oh cool, thanks. Also IT JUST WENT UP .00004 SATS!

>>	Anonymous Wed, Dec 27, 2017 21:10:05 No.5540561 >>5540493 gtfo and stop spamming the entire board with ur pajeet discord rashwal pajeet

>>	Anonymous Wed, Dec 27, 2017 21:11:09 No.5540587 >>5540457 it's ok just contact the support team ;)

>>	Anonymous Wed, Dec 27, 2017 21:12:17 No.5540626 >>5540587 I DONT SPEAK ITALIAN AAAAAAA

>>	Anonymous Wed, Dec 27, 2017 21:14:40 No.5540708 >>5540626 how many confirmations?

>>	Anonymous Wed, Dec 27, 2017 21:14:43 No.5540710 >>5540626 better get that deposit through before it hits $40 tonight :)

>>	Anonymous Wed, Dec 27, 2017 21:16:41 No.5540763 File: 32 KB, 583x573, 1511586249440.jpg [View same] [iqdb] [saucenao] [google] It's suddenly $11!!!! It's going to shoot up straight tonight! I HAVE MONEY PENDING TO BUY MORE, PLEASE DON'T RAISE.

Anonymous Wed, Dec 27, 2017 21:16:44 No.5540765
File: 58 KB, 720x540, C-h5ZDDXgAEcsI2.jpg [View same] [iqdb] [saucenao] [google]

>>5540626
>>5540708

just kidding I am officially the proud owner of ~200 XRB
surely it will crash in value immediately since I own it now

should I get the official wallet and pull off the exchange
probably yes right, I plan on holding until at least it gets listed on the bigger exchanges (seems inevitable at this point, the hype is unreal)

>>	Anonymous Wed, Dec 27, 2017 21:19:04 No.5540835 >>5540765 I think you should leave it on an exchange. The network is still unproven under heavy loads.

Anonymous Wed, Dec 27, 2017 21:20:13 No.5540867

>>5537461
ITS a centralised coin that is being heavily shilled. (((They))) couldn’t control a decentralised market so are trying to replace it with (((their))) coins. It is pretty easy to work out what is going on. Accepting raiblocks, xrp, bcash, salt etc will reproduce the banking system in crypto meaning the whole thing was for nothing!

>>	Anonymous Wed, Dec 27, 2017 21:20:54 No.5540886 >>5540765 I use the raiwallet. Bitgrail is too sketchy for me

>>	Anonymous Wed, Dec 27, 2017 21:21:41 No.5540915 >>5540867 >being heavily pushed by the powers that be >have to jump through hoops to buy any on some podunk backwater italian/russian exchange m8

>>	Anonymous Wed, Dec 27, 2017 21:21:56 No.5540920 >>5540867 who fucking cares? It's making me filthy rich

>>	Anonymous Wed, Dec 27, 2017 21:22:55 No.5540957 File: 165 KB, 913x771, 1514396306412.jpg [View same] [iqdb] [saucenao] [google] >>5538666 Valid point

>>	Anonymous Wed, Dec 27, 2017 21:23:41 No.5540977 File: 32 KB, 1894x60, Screen Shot 2017-12-27 at 9.21.58 PM.png [View same] [iqdb] [saucenao] [google] I've been waiting for Mercatox to send my XRB to Bitgrail for over 2 hours now. The first one went through right away, but my second one is stuck.

Anonymous Wed, Dec 27, 2017 21:26:09 No.5541054

>>5540765
>should I get the official wallet and pull off the exchange
the online wallet is incredibly easy to use, just make sure to keep your seed somewhere safe. Apparently the dsktop wallet is safer, i just downloaded it and it looks much less retardproof

>>	Anonymous Wed, Dec 27, 2017 21:26:43 No.5541066 File: 126 KB, 1256x880, meor.png [View same] [iqdb] [saucenao] [google] >>5540867 You're retarded, read the reddit posts of the lead developer, he is ourguy.

>>	Anonymous Wed, Dec 27, 2017 21:27:05 No.5541075 >>5541054 wasnt there some sketchy shit with the online wallet earlier today

>>	Anonymous Wed, Dec 27, 2017 21:27:56 No.5541102 >>5541066 I fucking love Colin.

>>	Anonymous Wed, Dec 27, 2017 21:27:59 No.5541106 >>5541066 Ancap confirmed.

>>	Anonymous Wed, Dec 27, 2017 21:28:03 No.5541109 >>5537615 Still not as many flaws as BTC

>>	Anonymous Wed, Dec 27, 2017 21:28:22 No.5541116 >>5540977 i think withdrawals greater than something like .5btc are approved mannually, not sure tho

>>	Anonymous Wed, Dec 27, 2017 21:28:44 No.5541127 File: 156 KB, 1890x868, meor1.png [View same] [iqdb] [saucenao] [google] >>5541066

>>	Anonymous Wed, Dec 27, 2017 21:29:34 No.5541161 >>5541075 no just a phishing scam. the developers were being proactive

>>	Anonymous Wed, Dec 27, 2017 21:29:42 No.5541163 Im posting this on every raiblokz thread but .... i lost so much on raigames this makes me wanna puke

>>	Anonymous Wed, Dec 27, 2017 21:30:38 No.5541188 >>5541075 I think there were phishing links in the google ads, they fixed it today and changed every account id to be safe

>>	Anonymous Wed, Dec 27, 2017 21:31:14 No.5541207 >>5541054 Where did you buy XRB?

>>	Anonymous Wed, Dec 27, 2017 21:31:46 No.5541221 coin is top 30. Site looks like shit. Twitter looks like shit. Has been known for PNDs. Don't buy now faggots, fomoing into ICON 2 days ago didn't teach you ?

>>	Anonymous Wed, Dec 27, 2017 21:32:43 No.5541242 Just hold, these guys are gonna pump it in 10 hours https://discord.gg/3kZ6RBn

>>	Anonymous Wed, Dec 27, 2017 21:33:42 No.5541271 >>5541207 mercatox or bitgrail, check which one has the lowest price and buy I bought on both and bitgrail seems safer and no withdrawal fees. I paid a 2xrb fee to withdraw from mercatox

>>	Anonymous Wed, Dec 27, 2017 21:33:58 No.5541273 >>5541161 >>5541188 cheers

>>	Anonymous Wed, Dec 27, 2017 21:40:53 No.5541484 >>5541221 It was just recently discovered. Kucoin is confirmed. It will be listed on binance soon.

>>	Anonymous Wed, Dec 27, 2017 21:41:37 No.5541510 >>5541161 Farewell anon, this is like ignoring Ethereum when it was at $10

>>	Anonymous Wed, Dec 27, 2017 21:42:16 No.5541530 >>5541510 You're misunderstanding the post you're replying to.

>>	Anonymous Wed, Dec 27, 2017 21:44:16 No.5541592 >>5541510 Ethereum was not at a billion dollar market cap when it was $10

>>	Anonymous Wed, Dec 27, 2017 21:53:05 No.5541873 >>5541592 It was pretty close to it. There was about 90million ethereum circulating at the time so it was at a $900 million marketcap.

>>	Anonymous Wed, Dec 27, 2017 22:00:02 No.5542114 >>5537461 >Party interrupted by Bitcoin crashing. FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF

>>	Anonymous Wed, Dec 27, 2017 22:05:50 No.5542356 >>5542114 I wonder what happens to the market if btc crashes hard. so many alts with good momentum right now

>>	Anonymous Wed, Dec 27, 2017 22:09:27 No.5542486 >>5542114 This fucking shitcoin has been doing this shit constantly the past week. Fuck BTC

>>	Anonymous Wed, Dec 27, 2017 22:12:51 No.5542628 I can't wait until alts are no longer pegged to BTC

>>	Anonymous Wed, Dec 27, 2017 22:16:00 No.5542727 >>5540765 >surely it will crash in value immediately since I own it now sorry guys

>>	Anonymous Wed, Dec 27, 2017 22:17:25 No.5542776 >>5542628 I can't wait until BTC just doesn't exist anymore

>>	Anonymous Wed, Dec 27, 2017 22:27:30 No.5543075 >>5541221 at least there is a huge team/government backing ICON. this is one fucking guy that basically built this shit in his spare time and now a bunch of redditors have pumped it to a billion dollars because "its like iota but cheaper"

>>	Anonymous Wed, Dec 27, 2017 22:28:36 No.5543111 Check this discord for some quick gains senpai, just look at their signals they have been right all week 8 for 8. https://discord.gg/USV36RY

>>	Anonymous Wed, Dec 27, 2017 22:36:13 No.5543344 well xrb at a flash sale

Anonymous Wed, Dec 27, 2017 22:40:35 No.5543487

>>5543075

Yeah one guy that already has made a working product other projects can't get anything done with a full team. This guy is literally a coding genius. Check Colin Lemahieu on LinkedIn if you want to see what kind of amazing work he has done before in other companies.

>>	Anonymous Wed, Dec 27, 2017 22:41:37 No.5543520 >>5543344 oh no no no, I'm hodling this time. I fell for this meme once.

>>	Anonymous Wed, Dec 27, 2017 22:42:51 No.5543564 >>5537461 Pump and dump group, 25k members already, get the fuck in here son: discord.gg/XMmR8z9

>>	Anonymous Wed, Dec 27, 2017 23:10:29 No.5544408 >>5537477 >>5537513 It won't. It's been one of the most stable coins and barely dropped when BTC tanked. The tech is solid and unless there's an unfixable bug there's no real reason to worry for the short-term or long-term.

>>	Anonymous Wed, Dec 27, 2017 23:16:52 No.5544611 XRB is the bitcoin killer

>>	steve Wed, Dec 27, 2017 23:17:50 No.5544641 iF you want to be part of the next crypto pump come join https://discord.gg/vNGsENy easy 40-60% profits 25k + members !!! get in now!!!

>>	Anonymous Wed, Dec 27, 2017 23:18:31 No.5544660 >>5542356 XRB will continue to rise bc muh nextgen Bitcoin narrative

Anonymous Thu, Dec 28, 2017 00:05:47 No.5545997
File: 443 KB, 1440x502, xrbbanner1-01.png [View same] [iqdb] [saucenao] [google]

I'll be in the official Raiblocks discord #trading channel for the next 30 minutes handing out tips for anyone who wants to try Raiblocks. Just set up a webwallet and transfer back and forth from the tip bot. Once the new wallet is released and this thing is on more exchanges it is going to Mars. You only need to test it to see that.

Just type something like "I'm here from /biz/" in the Discord to get hooked up.

>>	Anonymous Thu, Dec 28, 2017 00:07:22 No.5546038 >>5545997 next level bitcoin, next level shilling

>>	Anonymous Thu, Dec 28, 2017 00:18:40 No.5546323 >>5546038 No one is showing up but I'm having fun shitposting with the XRB crowd. Oh well. I would do a 100% legit XRB giveaway thread if the mods would give me permission.

Anonymous Thu, Dec 28, 2017 00:30:12 No.5546664

Some good discussion here. Sorry for anon who brought up spam and was shot down by retards.

Problems outside of spam are the fact it's not peer reviewed - how do we know everything about it works? Personally I haven't read all of the WP, but I'm doubtful about what their strategy about makung sure nodes don't cheat their balances. Then there's the fact that transactions can't be grouped into blocks, causing potential network delay problems. Also there are no incentives to running full nodes, and the POW ruins it because nobody wants to do it for you for free eventually

Anonymous Thu, Dec 28, 2017 00:39:06 No.5546878

1296 XRB hodler since $0.15 here. Just sold 796 XRB for ~8k in anticipation of a dump, in which I will buy back in. No coin, and I mean NO COIN, goes 50x in a month without a pullback of at least 50%. No matter how good. Take it or leave it.

Not to mention the fact that the 100k+ XRB whales can't even dump yet because of thin order books on Grail and Tox.

Anonymous Thu, Dec 28, 2017 00:49:37 No.5547172

>>5537461
>>5546472
This shit is being pumped by a discord group, there is a reason its on two shitty exchanges. It will make headlines around the cryptoworld soon enough. There is a reason they picked a low priced shitcoin to do this with.

BE WARNED

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