/biz/ - Business & Finance

[Anonymous No.6052101]

ITT realistic 100x opportunities with little downside

RaiBlocks
>0 Fee
>Delegated Proof of Stake
>Instant transaction
>7000 t/sec
>is already running without issues


>Binance will be the first big exchange to add them soon
>3.2B mcap, 320b marketcap easy possible

Whats the worst that can happen to Raiblocks, that it just keep hoving around the current price?

[Anonymous No.6052185]

[Anonymous No.6052520]

i bought in when it was listed on kucoin and it's gone down quite a bit.

[Anonymous No.6052567]

>>6052101
>Without issues

Explain bitgrail incident

[Anonymous No.6052719]

>>6052567
Explain the ethereum incident.
Explain the iota incident.
Explain the....
Literally every coin had a problem at some point. Even fucking apple has bugs.
IF they are solved (as the devs did), then it's ok.

[Anonymous No.6052775]

>>6052185
Shhhhhhh, pajeet doesn't know about this one yet

[Anonymous No.6052955]

>>6052775
>>6052185
I do know about this one, but devs are anonymous and the code is not open source. Why?

[Anonymous No.6052986]

>>6052567

Bitgrail was running the entire system on one node. Xrb had one node running all traffic. Retard.

[Anonymous No.6053084]

Support is very strong at 146k. Second time it wasnt broken meaning it could be on up. If I wanted to buy would have bought here at least with half of my money.

[Anonymous No.6053132]

>>6052955
Hello,

We are not ready to go open source with XBY just yet, as this is new tech of our creation we are worried that a better funded team with a huge marketing budget will just copy our tech and push us out of the market. So for now we are keeping things under wrap until we are far enough in front that it won't matter if someone copies everything we have built as we will already be established.

[Anonymous No.6053159]

I'm already ARBITRAGING between Kucoin and Bitgrail. Nice gains so far.

[Anonymous No.6053198]

>>6052101
>320b marketcap easy possible
AMAZING post

[Anonymous No.6053244]

Devs already fixed the node issue with bitgrail. Once this hits binance on Wednesday, all hell will break loose

[Anonymous No.6053267]

>>6052567
>shitgrail

[Anonymous No.6053287]

>>6052101
The 7000tx/sec has never been tested. It might actually handle 7k, but people have to stop listing this number before it's proven.

[Anonymous No.6053296]

Buying this dip like nobody’s business.

[Anonymous No.6053313]

Thanks for buying my bags pajeets.

[Anonymous No.6053344]

>>6052520
same desu

[Anonymous No.6053429]

go vote, bagholders! rai for steam payments

https://www.change.org/p/steam-raiblocks-integration-to-the-steam-network-as-an-official-payment-method

[Anonymous No.6053461]

>>6052101
The day Bittrex decides to list this, shit is gonna go to the moon and beyond. The tech is just too good, any brainlet can see it.

[Anonymous No.6053473]

>>6052567
That was Bitgrail's fault for recklessly running everything on one node

[Anonymous No.6053492]

waiting for binance listing then purchasing the dip

[Anonymous No.6053566]

>>6053244
>binance on Wednesday
Gonna need a sauce on that my boi

[Anonymous No.6053630]

>>6053313
Wont go lower the 146k I think. That support level was tested twice and rebounded easily.

[Anonymous No.6053632]

>>6052955
Waiting for patent to be confirmed so they eliminate the possibility of forks. Looking at all the BTC knockoffs, this seems like a smart idea.
>>6053132
N-nani?

[Anonymous No.6053633]

>>6053287
Check the whitepaper, in the abstract:

>"...delivering near instantaneous transaction speed and unlimited scalability."

https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pdf

There is no theoretical limit to the network scalability. It is not an ordinary blockchain. Scaling bottlenecks will come from individual node hardware limitations. With good internet speeds and an SSD, Colin did actually achieve 7000tx/s on a node he spun up.

[Anonymous No.6053637]

>>6053429
>change.org
>being this retarded

change org doesent do anything only reddit faggots believe this shit annd vote there

[Anonymous No.6053739]

>>6052101
>>6052567
>>6052955
>>6053637
>>6053633
>>6053566
>>6053267
>>6053198
Thank you Raiblocks for the profits
Now I have 21 Bitcoins
>Feels good

[Anonymous No.6053763]

Worst that could happen is the price goes to 0 because the network becomes unusable

Nobody is going to mine your shitcoin out of altruism. 0 mining rewards means this thing is never going to be secure and never going to scale

get ready for the binance dump

[Anonymous No.6053924]

>>6053763
what the fuck, explain nigger

[Anonymous No.6053928]

>>6053763
Again with mining

>Muh minging
>Muh blockchain

Whats the incentive to own btc after everyone sees it fucking sucks as a currency? It wont be worth a fucking dollar and mining will die in an instant

[Anonymous No.6053945]

>>6053763
I have 21 Bitcoins thans to Raiblock
>STFU

[Anonymous No.6054042]

y-you guys know whats gonna happen now, right?

[Anonymous No.6054091]

>>6053763
Don't fucking FUD this shit for us!
I still got around 10 btc worth of Raiblocks and don't want to hold that shit.
If the noobs are bagholding this shit in the end it's their own fucking fault.

[Anonymous No.6054154]

>>6053924
i just did idiot

>>6053928
fuck off newfag

>>6053945
you probably havent sold, so no you dont

[Anonymous No.6054290]

>>6054154
>Bu bu bu I bought 20k worth od GPU
>Muh incentive

It was fun while it lasted neet. Aint no body gonna approve or use slow, expensive and nonscalable currency just so you can continue with

>Muh mining

[Anonymous No.6054531]

>>6054290
>implying XRB can scale with nobody running nodes

[Anonymous No.6054621]

>>6054531
new nodes coming online everyday

[Anonymous No.6054626]

>>6054531
this. you are beyond greedy if you aren't just taking your XRB profits now, and if you bought it recently, lol. good luck

[Anonymous No.6054739]

>>6054531
>Implying you know it cant

[Anonymous No.6054804]

>>6054739
you clearly dont know how any of this works

keep chasing pump and dumps newfag

[Anonymous No.6054838]

>>6054531
>>6054626
The dev team has adressed this. And they have something in mind to motivate running nodes.

BTW, every exchange would run nodes, it benefits them.
If there's demand and use for XRB, they pretty much NEED, and WANT to run nodes.

[Anonymous No.6054875]

>>6054739
>>6054626
>>6054621
>>6054531
>>6054290
>>6054154
Want 21 Bitcoins profit right now?
Buy Raiblocks now!

[Anonymous No.6054897]

btw, this is the same retarded fud since <$1
I wonder if you will say the same shit when it hits $100.

[Anonymous No.6054932]

>>6054804
>Muh mining
>Muh incentive
>Muh basement mingin rig

[Anonymous No.6054993]

>>6054875
I bought at 2$ and I bought hell alot of them. Super comfy currently.

[Anonymous No.6055045]

>>6052567
That wasn'tn raiblocks' fault, you fucking mong

[Anonymous No.6055077]

>>6054804

IF you want to, you can run a node on your shitty little dell laptop. Businesses can run a node for cheap and accept payments without paying any transaction fees, with instant fees. Don't hate on superior CHAD technology, newfag.

[Anonymous No.6055134]

>>6055077
*with instant speeds

Didn't have my coffee lel

[Anonymous No.6055333]

>>6055077
but youre not, and you wont.

>>6054838
if their plan is just telling people to do it, thats not a plan

[Anonymous No.6055400]

>>6055333
>if their plan is just telling people to do it, thats not a plan
who the fuck said that?
At least create more convincing fud.

[Anonymous No.6055451]

How to piss off a retardblocks shill:

Ask them this simple, yet fundamental question:
>Who pays for transaction processing?
Expect non-answers like "b-b-but it's the cheapest" or "people who want to accept transactions".

[Anonymous No.6055550]

>>6055400
then whats the plan?

implying exchanges will run nodes means nothing

[Anonymous No.6055568]

>>6055077
i want to see this before i believe.

thread anons are right. if there's no incentive to run a rai node no one will.

a fee less system? how can that ever work?

[Anonymous No.6055595]

>>6055451

>Hey guys, I want to run a website but I don't want to pay for the servers XD

[Anonymous No.6055659]

>>6055595
If you run a website you process only transactions hitting your website.
If you load up a Raiblocks node you process ALL transactions. There is no guarantee that YOUR transactions will be processed.

[Anonymous No.6055773]

>>6055659
>If you load up a Raiblocks node you process ALL transactions. There is no guarantee that YOUR transactions will be processed.

They go FILO, so the transactions always get processed.

How about this? Go on raiwallet.com and transfer some XRB between different wallets.

You FUDders are so very kawaii

[Anonymous No.6055954]

Incentive is not to use fucking bitcoin or whatever the fuck blockchain pos is currently being fed to people without a fucking gram of brain in their heads.

If you use POS devices for payment you always pay fee for licencing it, as well as fee for each transaction that has been made.

Incentive for business to use instant and (pretty much) free solution is exactly that. They run a node, which costs pretty much nothing to run, and not a single transaction will cost them anywhere near what cost would be with blockchain solution or with POS devices.

Thats incentive, similar to one on private torrent trackers. Instead of gazillion leachers, you share and you download because it suits EVERYONE.

You can always go back to blockchain and wait for your transaction to come for 45hr while paying 50$ fee, but business will not do it. Especially knowing electricity waste is colossal.

[Anonymous No.6055997]

>>6055773
How about you show me an environment where there are millions of transactions going on at once, running off of a couple dell laptops, instead of a cool little javascript toy?

[Anonymous No.6056085]

>>6055954
Private torrent trackers are fucking dying dude. They aren't getting enough donations to survive (who would have guessed that people who wanted to get shit for free are cheap?).

[Anonymous No.6056090]

>>6055997
Millions of transactions have been ran on single node on Bitgrail till few days ago.

[Anonymous No.6056108]

>>6054091
when are you going to dump them

[Anonymous No.6056141]

Has anyone transferred from Bitgrail to Kucoin?

[Anonymous No.6056215]

Use my referral code for 20% of my trades daily if you want to buy some Raiblocks on Kucoin.

288cb

[Anonymous No.6056229]

>>6056085
Everytracker I'm on goes over 100% every month lol. Bitcoin fees are their only problem rn.

[Anonymous No.6056302]

>>6055997

It's almost like we'd need that much volume in order to test it. Were you born with a disability?

And I never said everybody would be running a dell laptop, retard. A small business can handle all their transactions by running a node on a dell laptop is what I said.

[Anonymous No.6056326]

>>6056085
Thats whole different ball game, I'm strictkly speaking of downloading and uploading of data. Who setup servers to run them will have to find a way to recoup the costs, since torrents are pretty much associated with illegality, that means no one will want to put their adds on there for user to get his/her money back.

If you ask big businesses will they use BTC for payment literally everyone will tell you no because it fucking sucks. Its trash waiting to be discovered by normal people who expect fast and cheap transactions. No body uses BTC (at least in global sense) yet it fucking clogs like a motherfucker. Its completely unusable, something new is definitely necessary.

Everyone will run a node if it means that will end up cheaper then POS or other blockchain solution.Thats incentive in itself.

[Anonymous No.6056366]

>>6055550
>There's no real incentive to run a node other than wanting to support the network.

The incentive to run a node is that it allows you to view and process transactions. A P2P currency will have many services utilizing the network and they obviously need payment data. Their only way around not running a node is pulling data from a possible remote node or creating a custom read-only node. The first requires trust which is likely not acceptable if you are using a cryptocurrency and the second makes very little sense as the additional cost to being a useful node is negligible. There is a self-serving interest for services that benefit from the network to ensure the maintenance of it.

Additionally, the consensus is delegated PoS. In a worst case scenario only a few good reputation nodes with a large stake are needed to maintain the network and have it still be relatively secure. Obviously this alone is not good enough even for a short period of time but the concept of delegation enables a large amount of decentralized voting even if the representative count is small.

A node can also be extremely light due to the fact that the protocol is highly optimized for its specific use case. This makes the "only supporting the network" argument less of a concern since the barrier to entry is significantly lowered. Yes, there is no direct tangible incentive for these people but many already run charitable nodes on much heavier blockchains.

So there is an "implied" cost associated with the network, it's literally impossible to not have one. In RaiBlocks' case the cost is the energy for the minimal PoW a user does and the distributed cost of running a node. This is probably close to the theoretical lowest cost you can achieve while maintaining the qualities a decentralized trustless network has.

[Anonymous No.6056415]

>>6052101
Its not going to 100x, it did 3200x last year, it could still steadily gain maybe 3x over the year but even that is hopeful, gl

[Anonymous No.6056485]

>>6055997
what is bitgrail

some dirty europoor was running that entire shitheap in his basement on a dell inspiron 8000

[Anonymous No.6056560]

[Anonymous No.6056589]

>>6056415
It'll replace LTC, DOGE, and ETh as hedge and transfer coin.
Very safe, not great money maker, but safe. Will not tank when btc up, will not flirt with your gf. Nice and safe.

[Anonymous No.6056615]

>>6056366
(2/3)
Here is the incentive: participation. Specifically vendor participation.

Here are some of the biggest nodes right now:
• Bitgrail
• Mercatox
• XRB Tipbot
• Raiblocks Team
• Raiwallet.com
• Rai Games
• Anyone who has their desktop wallet open right now (I have to assume there are a number of volunteer nodes or people who just leave their wallet open 24/7 to support the network)

Why are these people running nodes? Because they need to process transactions as a part of their services. Another reason is that in order to instantly receive the XRB, you need to submit a receive transaction (which means you need to have your wallet open aka have your node running). So, let’s assume adoption grows, what are some other types of nodes we might expect to see popping up?

• Individual websites that want to actively accept XRB for ecommerce
• If someone built a plugin for other websites to use XRB, they might opt to run the node on their own server
• Other exchanges
• Rental Nodes creates by the XRB team to rent out to exchanges that don’t want to set up their own.
• Mobile app node for processing mobile transactions
• Cash registers or wherever else people accept XRB
• Any other site that wants to facilitate XRB transfers (for example an XRB mixer, perhaps)
• XRB-based gambling or gaming sites
• Volunteer nodes

[Anonymous No.6056622]

>>6056415

Just because it went from ~$0 to $25 doesn't mean it can't get to top 5 market cap and a $200 price. Such retarded logic.

[Anonymous No.6056648]

>>6056589
>not great money maker
So when do I sell it for a better money maker like LINK?

[Anonymous No.6056667]

>>6056615
(3/3)
So, you will see that these transactions are not “free” they are paid for by vendors. Keep in mind that running a node is extremely affordable, and requires very little resources. In return the vendors receive one of the following:

• the ability to receive XRB payments (ecommerce)
• the ability to support their business model (Rai Games, Exchanges, etc.)
• a product to sell (a Wordpress XRB plug-in, a paid wallet app, an XRB Mixer, or similar)
• a source of ad revenue (I could see a site like RaiWallet.com monetizing via ads or perhaps going to a subscription model someday)

If you think hard about this, this is exactly the way the internet already runs. Websites that provide a service take care of the server load of that service for you. That is how online businesses tend to work, and there are various ways that these online businesses then monetize that. It just so happens that in the case of Raiblocks all of these businesses participate together to help support a shared decentralized network.

[Anonymous No.6056673]

all aboard

[Anonymous No.6056679]

>>6056366
You're losing your time with those tardigrades.
They can't understand win-win situations, they'd rather shoot themselves than inadvertently be helpful to anyone.

[Anonymous No.6056700]

>>6056560
Another anon identified that as well

Here >>6053084

[Anonymous No.6057024]

Visa charges 2%. Merchants will run nodes to keep that for themselves. It will be part of the requirement for getting first level access and it will be easy to put a node on your laptop and forget about it.

[Anonymous No.6057237]

>>6057024
I don't need to run a node, because my competitors will run a node and I can use their computing resources for free.

[Anonymous No.6057284]

>>6057237
Except if running a node is so minuscule that it doesn't even matter in the end.

[Anonymous No.6057329]

>>6057284
I tried so hard. And got so far.

[Anonymous No.6057344]

>>6057284
Yes, Viktor in Ukraine is going to run thousands of transactions per second off of his 15 year old Dell laptop because he is a True Believer of Raiblocks.

[Anonymous No.6057405]

>>6055333
wallet = node

[Anonymous No.6057464]

>>6057344
Again, read the white paper and look how nodes work. No body is mining nor is anyone wasting gigawats of electricity.

Its pretty much best deal for business. Certainly better then paying % for POS or using blockchain, which is literally archaic and non usable at this point.

Big investors and normie retards wanting to make quick cash via it =/= usable in real world.

[Anonymous No.6057479]

>>6057237
You wont get first tier access to the ledger. It will be easy and you will get advantages.

[Anonymous No.6057620]

>>6052567
bitgrail ran the entire exchange on one node.
/thread

[Anonymous No.6057826]

>>6057620
>But I spent 40k on my fucking mining rig

[Anonymous No.6057951]

Lol @ normalfags holding retardblocks itt

[Anonymous No.6058005]

>>6057951
I think normalfags are far far away from XRB. Basically, this is what BTC was 5 years ago. Niche and intriguing. Ripple and TRON are newfag coins.

[Anonymous No.6058156]

>>6057464
Raiblocks IS a proof of stake blockchain. The difference between it and other PoS coins is that it is doomed to fail because the network is not self sustainable.

[Anonymous No.6058281]

>>6058156
But it is actually, you are just not getting it.

[Anonymous No.6058349]

>>6058005
>Basically, this is what BTC was 5 years ago.
kek

[Anonymous No.6058426]

>>6058156

Holy shit. How fucking retarded are you not to understand that it doesn't fucking matter?

[Anonymous No.6058437]

>>6052101
Im fucking freaking out someone help me. Cant sell cos im away from computer reeeeee

[Anonymous No.6058501]

>>6058349
You weren't around in 2013 when BTC had a marketcap of 4 billion?

[Anonymous No.6058512]

>>6058437
>he is selling for sub $100

[Anonymous No.6058585]

>>6058437
Its not time to sell, its going back now. There were two rebounds from support at 145K and now there is a sell wall at around 165K that should be down. We are past lowest point. Weak hands where shaken, and whales got their xrbs.

[Anonymous No.6058600]

>>6052101
>100x
>realistic

[Anonymous No.6058705]

in since 97 cents

nice fud zzzz lmao

[Anonymous No.6058724]

>>6053429
Dude relax with this petition bullshit. Let them rebrand and iron out the kinks with the nodes and exchanges and then start pushing for adoption.

Steam was using Bitpay as their BTC processor, so if you want them to accept Rai then you'd need to petition Bitpay first.

[Anonymous No.6058755]

>>6058585
whales are not buying $20+ XRB. lol

[Anonymous No.6058788]

>>6058501
There is only one bitcoin anon. The once and future king.
Keep shilling though. maybe you can make rai into the next ripple.

[Anonymous No.6058811]

>>6058755
Where whales buying .15$ XLMs?

[Anonymous No.6058841]

>>6058755
what the fuck do you know about whales?
Why does everyone on this board repeat the same bs "whales will do this hurr durr"
You probably don't even have enough money to know what that kind of people would do.
I assume you think a whale doesn't buy 5000+ bitcoin, or 200+ ethereum too?

[Anonymous No.6058916]

>>6058788
You corecucks are amazing. BTC is absolute, archaic garbage. You literally have to use other currencies to transfer it around since even biggest BTC cock suckers like yourself know fees and transfer times are mental.

[Anonymous No.6059036]

>>6058916
>currencies
you mean speculation tokens

[Anonymous No.6059153]

>>6059036
BTC definitely is that. Its simply unusable, and biggest financial backing it has is from normies and wall street. And why? Because its pure speculation. Anyone who used BTC in last 2 months knows that shit is not worth .5$

[Anonymous No.6059305]

>>6058916
I know. Fucking BTC is Unusable. The only reason it went up was because of media coverage and dumb normies.
It's going the MySpace way

[Anonymous No.6059330]

>>6059153
>normies and Wall Street
I think you're the one who wasn't here in 2013 if you believe this.

FYI, nothing in this market is worth the toilet paper I wiped my ass with this morning. Not even your precious raiblox.

[Anonymous No.6059348]

>>6053763
>0 mining rewards
there's no mining involved, retard

[Anonymous No.6059377]

>>6058841
I know they aren't stupid enough to buy an overpriced shitcoin like xrb.

[Anonymous No.6059479]

yeah no way im selling my xrb until we hit 100 dolla

[Anonymous No.6059577]

>>6052101
Problem is you guys mooned this shit waaaaayyyy too early on a shit exchange. Good luck. I dig it, but not at this price. Not enough upside for me to sit on it until it's possibly becomes usable. Enjoy your tulips.

[Anonymous No.6059609]

>>6058788
XRB is a shitcoin, broh, I'm not shilling anything.

[Anonymous No.6059626]

>>6059330
I'm not saying they are owners of most BTCs, I'm saying they are the ones who have been pushing BTC in last 2 years making it go from 200$ to 20k.

Most of market is not worth it yea, but XRB is definitely trying to tackle on this issue without wasting one medium size country worth of electricity and one whole day on single transaction.

[Anonymous No.6059878]

>>6052101
I think XRB has tremendous opportunities, but the current valuation and product leaves little room for returns greater than 1.2X.

I think the price needs to consolidate a bit, they need to get media attention, and they need an IOS app. Once this happens there is a strong possibility of it hitting 10B market cap.

[Anonymous No.6059984]

>>6059878
Ditto

[Anonymous No.6060016]

>>6059377
Found the imbecile poorfag who thinks he knows what whale does.
Go play with your pocketmoney and waste it on shitcoins.

[Anonymous No.6060033]

>>6059878
>IOS app
They are making one this month
>media attention
Don't underestimate Reddit's ability to meme this coin into mainstream
>little room for returns greater than 1.2X
Why? IOTA is a 11.5B market cap and XRB has a working product. LTC has a 15B market cap and XRB is faster...

[Anonymous No.6060045]

>>6059878
Thats next week btw. Devs have been quite because there will be rebranding of XRB + mobile apps.

[Anonymous No.6060141]

>>6060033
You have any idea how many people could invest in LTC before we got here? More than on bitgrail. It's currently a pain to obtain, and expensive with no real world utility. Sorry.

[Anonymous No.6060301]

[Anonymous No.6060349]

>>6060033
>Why? IOTA is a 11.5B market cap and XRB has a working product.

IOTA has a collaboration with Deutsche Telekom, Microsoft, and Fujitsu

Rai is a B2C and C2C application - no one uses it for this right now. IOS app should help adoption assuming quality UX. This is why Venmo overtook Paypal, leading to the former's acquisition by the latter.

[Anonymous No.6060355]

[Anonymous No.6060381]

>>6060301
If everyone plans to "hodl" till 100, then there is no liquidity, which means no adoption, which means overvalued brick.

[Anonymous No.6060388]

>>6060141
>You have any idea how many people could invest in LTC before we got here?
You are actually an Indian Pajeet. AHAHAHAHAH this is not English

[Anonymous No.6060414]

Sell walls getting smaller on Kucoin...first line of resistance will be broken shortly.

[Anonymous No.6060461]

>>6060045
Link? very interested

[Anonymous No.6060520]

>>6056560

hoping for a double bottom anon

[Anonymous No.6060537]

>>6060388
and what you wrote is?

[Anonymous No.6060551]

>>6060461
This is from today >>6060301

There has been leaked rebranding site, wallet, mobile apps and more. Google NANO raiblox

[Anonymous No.6060588]

>>6056560

[Anonymous No.6060639]

>>6053132

[Anonymous No.6060691]

>>6060537

You should buy more Litecoin. Much moon, many gains! XDDD

[Anonymous No.6060744]

>>6060551
XRB team says they are not partnering with DADI though. Not sure if this is what led to that speculation.

DADI is a scam.

[Anonymous No.6060801]

>>6060691
LTC did me well. Think it's time has passed, but it was solid for me. Sorry to see it languish because of Lee's jackassery

Anyway, chase your moons with your $100 poorfag

[Anonymous No.6060852]

>>6060744
I think they are aware of DADI business and will remove it from announcement. I think they will definitely rebrand it and release new wallet and app. 2 devs already confirmed it.

[Anonymous No.6061083]

>>6056667
problem anon, is tragedy of the commons. You gain more from using nodes than running them. As a result everyone has an incentive to run less than optimal nodes. that's where your argument falls flat. These companies need nodes to use the service. BUT it doesnt need to be their nodes. so there will always be a shortage of nodes.

[Anonymous No.6061086]

Actually this... Has institutional partners, low market cap, low circulating supply. Ignite Ratings ICO on January 15. Pic related of actual phone app from ignite platform. All screenshots on their website are actual alpha screenshots. Devs already showed more screenshots from their offices showing the platform.

[Anonymous No.6061304]

>>6061083
Why would they put at risk their whole business only because they don't want to spend a measly and irrelevant amount of money?
If your income depended on the correct functioning of XRB payments, wouldn't you prefer to run some nodes just in case?
I probably would.

[Anonymous No.6061415]

isnt this coin who used captcha to mine and them already have all 133 million coins in the market?
lol

[Anonymous No.6061450]

>>6061304
because tragedy of the commons.

[Anonymous No.6061661]

>>6061450
You're retarded. I already explained why that wouldn't happen.
There's no tragedy of the commons .

[Anonymous No.6061693]

>>6061415
The distribution stopped earlier than planned due to constant setbacks caused by faucet issues and the cancer the third-worlders were bringing to the coin ecosystem. A small portion of the remaining funds were set away under Colin's control as a developer fund, and the rest were burned. This was by far the best decision Colin could've taken in my opinion.

[Anonymous No.6061788]

>>6061693
Oh, and that "mikerow" guy who was part of the core team didn't like the fact that they stopped distribution, so he left the team when it happened. This was a really fortunate consequence, because honestly he was a retard that would've just held back XRB.

[Anonymous No.6061831]

>>6053132
Thank you for this, just made a note never to buy this

[Anonymous No.6062360]

>>6061661
no. You literally explained a situation where it would prevail. If I run a node its worth it. if YOU run a node its even better. So why should I run a NODE? it's realistically enough there that raiblocks will never get mass adoption without solving the problem. No company wants to run the whole network especially when it will grow as more people leach off your nodes. Your logic is basically, "but if we dont leach over each other and overuse free nodes, with 0 tx fee everyone will run nodes for 0 revenue." But they won't, human nature has exposed this over and over. ETH nodes dont grt overused because they cost money to use. People run nodes for profit. RAIblocks can and will be spammed. Nodes offer nothing for people to run. Yet you say they wont have a problem networks with literal peofitable nodes have because you are too retarded to know 8th grade econ.

[Anonymous No.6062366]

>>6056085
Maybe your loli yiff manga private tracker is running out of neetbux, but every worthwhile tracker has closed registration because they don't need more members or funding.

[Anonymous No.6062435]

Meanwhile XRB is going back to $28.

[Anonymous No.6062903]

>>6062435
There is sell wall at 17=K, if breached its open highway

[Anonymous No.6063134]

keep spreading that fud just doubled my position at 23$ earlier today

[Anonymous No.6063198]

>>6052101
What is it that caused XRB to shoot up from 0.1 to 23 within the last month? I don't get it.

[Anonymous No.6063299]

>>6063198
unlike 99% of the garbage on the market it works

[Anonymous No.6063442]

>>6063299
I just didnt think about checking /biz/ since the last 3 months.. shit.

[Anonymous No.6063566]

>>6063442
they turned the faucet off + new exchanges