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/biz/ - Business & Finance


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5841634 No.5841634 [Reply] [Original]

This thread is dedicated to making /biz/ rich. If you don't have any DBC you will be regretting it later this month.

>don't be a pink wojak

SEE REASONS IN BELOW POSTS:

>> No.5841747
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5841747

>>5841634

>AI shill:

DeepBrain Chain creates a decentralized neural network made up of innumerable mining nodes across the globe. These nodes will supply computational power for AI use in countless applications. Mining nodes are compensated by receiving DBC. It is a secure trading platform that will allow the safe exchange of data between owners and users while protecting their rights.DeepBrain Chain provides low-cost computing power while eliminating idle time across enterprises while protecting users with smart contracts ensuring data is safe. Computing power is kept flexible and idle time is minimized. Since there are so many nodes even if some are attacked the remaining nodes will still work and data leakage is forbidden.

DeepBrain Chain is now optimized on CUDA GPU and plans to support the current mainstream deep learning ramework, including TensorFlow, Caffe, and CNTK. THIS IS BIG.

>> No.5841796
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>>5841634

>AI + Blockchain shill

FUDers will tell you that AI does not work as efficiently on a distributed network. This may or may not be true but the beauty of the deepbrain system is that it will allow existing mining firms to transition into AI computing. What do you think will happen when BTC and ETH eventually are replaced with competitors that are more efficient to mine? Do you think all these huge Chinese mining operations are going to pack it up and melt down their setup for copper? No, they will start looking for something else to use their immense computing power on, AI has a use for such setups (with obvious alterations) so it makes sense that there will be some sort of relationship there. DBC just provides a payment ecosystem for such a setup.

“But what about having a smaller computer with the same processing power”Consider this, is there a computer with an energy consumption rate greater then Syria? The monetary benefits of mining the blockchain have resulted in an absolutely IMMENSE global network of computers that will blow any singular computer out of the water. Sure this will be less efficient then having a dedicated computer but in my opinion the DBC framework will allow for cheaper computation because of the pressure Chinese mining firms are to not be left obsolete when there is no longer as much demand for crypto mining. They will have to adapt their hardware and find something else for it to do (AI) computing.

http://www.deepbrain.ai/

https://en.wikipedia.org/wiki/Bitcoin_scalability_problem

>> No.5841845
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>>5841634

>Economics shill:

The total supple of DBC is 10B but the circulating supply is around 900M, the rest is not mined yet so it can’t be dropped on us. This means that to reach $1 its market cap must reach $900M which is not a huge feat for a coin with some proper tech behind it. The current market cap is $130M (around 140th on CMC) which is good for a coin which was only listed (on a small exchange) a few days ago. Compare with other coins of similar supply (which for the most part aren’t finished or don’t have a use case):

Golem - $1.16

Bytom - $0.37

Ardor - $1.85

Nxt - $0.59

BAT - $0.59

>> No.5841901
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>>5841634

>Partnership shill:

Deepbrain has partnerships with Lenovo, Samsung, Siemens, this isn’t just a random meeting as well, those companies have given money to the project. NEO has also put funds towards the project as well as allowing the coin to exist on the NEO network which unlike ETH they don’t let just anyone do (they have declined several other offers).

DeepBrain is also the very last presentation at the Neo developer conference. Saving the best for last? Usually things things want to go out on a high note.

https://www.chinamoneynetwork.com/2017/09/08/gsr-gobi-join-5m-series-round-ai-start-deepbrain

https://www.yicaiglobal.com/news/ai-blockchain-project-deepbrain-secures-usd492-million-its-first-financing-round

>> No.5841931

The intelligent man's coin.

>> No.5841952
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>>5841634

>Technical analysis shill:

Lain himself predicted the current dip but adviced not to try and time it, he also said that we would be seeing large growth towards the end of the week and an overall huge price increase throughout January.

https://twitter.com/cryptolain?lang=en

>> No.5842062

>>5841845
circulating is 1.5billion. says it in the whitepaper.

>> No.5842073

What is my sister doing here

>> No.5842368
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5842368

Good stuff, anon. Holding DBC here for at least this month.

>> No.5842388
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>>5842062

it says 900M on CMC, are the rest in presale or something?

>>5842073

she is DBC's chief ambassador (check bottom hatch)

>> No.5842454

>>5841634
I really want to taste her titty meat.

>> No.5842660
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>>5841931
>tfw too intelligent for any other coin

>> No.5842745

I just dumped this, I recommend you guys do the same cause it's crashing down to 600 sats tonight while bitcoin goes up. Buy back in tomorrow.