[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 60 KB, 773x773, med9.jpg [View same] [iqdb] [saucenao] [google]
8376876 No.8376876 [Reply] [Original]

daily bread

>> No.8376894
File: 170 KB, 396x377, 1427142932691.png [View same] [iqdb] [saucenao] [google]
8376894

>>8376876

fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you fuck you

what the fuck are those threads, who is making those what is this shit explaaaaaaaaaaaaain REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.8376902

>>8376894
people that are in the green in a sea of red

>> No.8376924

>>8376894
It's as if you willingly chose not to check the charts and how much ETH is in the contract. What are you, fucking stupid?

>> No.8376965

Comfy af during the bearmarket

>> No.8376988

>>8376924
>It's as if you willingly chose not to check the charts and how much ETH is in the contract. What are you, fucking stupid?

how the fuck would I check charts when I don't even know what this shit is all about

>> No.8377001
File: 15 KB, 233x216, 089 - zMKNISl.jpg [View same] [iqdb] [saucenao] [google]
8377001

>>8376965


REEEEEEEEE

>> No.8377011
File: 74 KB, 1078x868, Screen Shot 2018-03-16 at 7.55.29 AM.png [View same] [iqdb] [saucenao] [google]
8377011

make dividends on buyers and sellers
>>8377001

>> No.8377023

>>8376988
What is this with modern /biz/ wanting to be spoonfed like literal pajeets. Use Google next time.
https://powh.trade/

>> No.8377052
File: 315 KB, 1341x961, high3.jpg [View same] [iqdb] [saucenao] [google]
8377052

>>8376894

There's a smart contract that creates cryptocurrency when you put money into it.

Each time a full token is created (by someone buying it) price increases by 0.00000001 ETH, each time someone sells (and destroys the currency) price decreases by the same amount.

It's not just an automatic pump n dumper, every buy, sell, and transfer has a 10% fee, which gets distributed to everyone who already has P3D tokens based on the % of the supply they have.

powh3d.ehgg.xyz

>> No.8377073

>>8377023
What to google?

>> No.8377085

>>8377073
Lmao seriously? What about the name of the project? Powh3d.

We really need country flags on this board.

>> No.8377097

>>8377052
Sounds like bitconeeeeeeeec for Ethereum

>> No.8377145

>>8377097
"Kinda yes but the Ethereum part is important. First of all the fees and everything is sustainable, Bitconect went under because they promised very high returns and could only pay that for a while because of the price increases and hype, powh is basically just an exchange that gives you a part of the fees, nothing special.

Now the magic comes when people try to dump this. You get 10% of every sell and there is no order book, you only trade with the smart contract and with every token bought or sold it adjusts the price by around 0.25% I think. You get paid by the contract when you sell, not by other people. Even if you are the last guy who sold (which would make you rich based on dividends alone and remember they are paid out in ETH, not the token) you are still getting a decent price for your tokens.

It is basically Bitconect but every possible way for it to fail got prevented with the smart contract. When you find out a flaw in this please tell me because I tried for hours and I couldn't come up with a theoretical way for this to fail... (once it got enough popularity which is currently increasing fast)."

>> No.8377166

>>8377097

> 100% less humans managing the funds
> Devs own less than 10% of the total supply
> No exit scam
> Algorithm set in stone by the blockchain and is immutable
> Contract will remain until basically forever

Yeah, bitconnect... sure...

>> No.8377182

>>8377145
Sounds like a fucking mongol scam if you ask me.

>Hey guys everyone can sell but the price won't go down!

It's almost like it's too good to be true.

>> No.8377200

>>8377182

The price will go down, but the more people sell, the more of the total supply you own, so the bigger chunk of the 10% transaction fees you get.

What's so difficult for you guys to understand?

>> No.8377221

>>8377182
when they sell you are making 10% dividends from each sell. also if you bought in and wanted to instantly sell you will only have 80% of your initial buy in because 10% goes right away for buying to the hodlers and then when u want to sell 10% instantly goes to hodlers. so basically its a game of patience. u buy and you buy more and u buy more and u buy more, and the dividends keep coming and coming and you just keep buying with the dividends, eventaully the dividends are more then your wagecuck average, or maybe it already is if your balling. and then ur set.

>> No.8377286

>>8376876

https://www.youtube.com/watch?v=gUeJg9BW5Xc&index=2&list=RDLzfjMtfYLZ8

daily bread supplies the hot beats niggers