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/biz/ - Business & Finance

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9781860 No.9781860 [Reply] [Original]

ICO'S:Central Source creates as much currency as it wants and the chooses what to keep
MINING: Distributed source put forth effort to gain said currency from decentralized place

Current issues within the crypto world is as such.
Mining is taxing to the envoirment as ICO's can be taxing to peoples wallets.
0xBTC has set to solve this problem implementing the fundementals of bitcoin with distributed network.
0xBTC can not be double spent as even if you owned 99% of the Hash power for it's network unlike BTC. This coin also solves Bitcoins energy wasting problem. With enough time 1 of 2 things must happen we must move on to greater energy sources to keep the system BTC alive because it is reliant on it's current network to survive or move to a currency that no longer draws power to itself after all them are mined.
0xBTC solves the ultimate power issue because after all the currency has been mined, the network is no longer needed to keep it functioning. Unless you create a currency with no cap like 0xCate even then the currency can survive if you stopped putting energy forth to it. By building within the Eco system that is Ethereum we would only need the energy to wards Ethereum to survive.
BCH and BTC are not sustainable or a good use of our energy in the long run. Payout using PoW for currencies can fund new projects, business, and Ecosystems within ETH itself while at the same time removing the ultimate energy crisis as when you create a new currency that is needs energy to keep it's ledger AND created an even distributed network that funnels coins to those who put there energy forward into making it come to life. This helps by new projects by anyone who can afford a GPU to work on a project that they believe that is going to become valuable with time. Which in the crypto space we all want because who the fuck likes getting dumped on by whales who bought 1% of all the shares opening day. We already have to deal with that in the FIAT space!

>> No.9781911

>>9781860
Didn’t read your post, just came here to tell you to kill yourself im sick of the shills on this stupid shit

>> No.9781935

>>9781911
This
OP no one is going to read that stupid garbage

>> No.9781942

>>9781911
Well I mean 0xBTC is part of it I'm talking more about the potential of the network.

>> No.9781964

>>9781935
Just pointing some stuff out it's not really about 0xBTC. It's more of just shit that should be pointed out that Ironically business that /BIZ/ is missing.

>> No.9781965

>>9781911
Nocoiner

>> No.9781981
File: 28 KB, 300x100, 0xBTC_WelcomeAnimated.gif [View same] [iqdb] [saucenao] [google]
9781981

>>9781965

>> No.9782049
File: 16 KB, 250x239, Kaji.jpg [View same] [iqdb] [saucenao] [google]
9782049

>>9781860
Self help bump

>> No.9782058
File: 609 KB, 931x525, 0xMAN.png [View same] [iqdb] [saucenao] [google]
9782058

$10 EOW

>> No.9782101
File: 180 KB, 500x500, Luaji.png [View same] [iqdb] [saucenao] [google]
9782101

>>9781860
Someone respond plz.
just call me a faggot or something.

>> No.9782114
File: 153 KB, 1024x692, lintrain.jpg [View same] [iqdb] [saucenao] [google]
9782114

IT WILL CRASH WHEN (You) SLEEP
-------------
understanding 0xBTC:
1. 0xBTC uses same hashing algo like Bitcoin
and posible mining 0xBTC with ASIC hardware
2. But dont have public avalable 0xBTC miner with ASIC support
3. The reward_halfing time is very low
4. So now most coins actualy mined buy the developer
-----------------------
Summary: it the same Pajeet-Pansun scheme like picture related, good luck investing in this scam

>> No.9782161

>>9782114
Thank you for the perspective but it seems flawed.
there isn't really any evidence that supports your claim.

>> No.9782335
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9782335

Shameless bump

>> No.9782473

>>9782335
Do you think 0xBTC will be very valuable OP?

>> No.9782489

>>9782473
Look at all the shitty BTC forks that are over 100 mil marketcap...this is not even 10 and provides more utilty..

>> No.9782551

Once word gets out about SEC, people will move all their ETH and shif coins into 0xBTC. Screen cap this. $75 EOY or I'll suck my own cock.

>> No.9782618

>>9780925
wrong train

>> No.9782762

>>9781860
I'd like to start mining this, just so I can say I mined 0xBitcoin back when it was $5.

>> No.9782806

>>9782489
Look at Bitcoin Gold. Useless Bitcoin fork that was given away for free to BTC whales and it's 800M market cap. That's 100x. $100 eoy for 0xBTC is actually FUD, should be at least $400 eoy. And that's not even considering the whole smart-contract compatibility thing.

>> No.9782818

>>9782806
*That's 100x where 0xBitcoin is right now.

>> No.9782836

>>9782473
Yes I do. This version of bitcoin will cut down on energy costs dramatically in the oncoming years as it solves a very real current problem.

>> No.9782861

>>9782836
>2018
>still doesn't realize that mining is an outdated paradigm
0xBTC is like investing in a new horse and buggy business as Ford was releasing his first car design.

>> No.9782875

>>9782861
>Not realizing ICO's are FIAT replica.
Proof of Work allows any person to contribute to a cause. Not just those with loaded pockets.

>> No.9782881

>>9782861
It's investing in an airplane.
Same function as horse and buggy different way of going about it.

>> No.9782898

Tell me someone with 2000 will make it

>> No.9782901

>>9782861
This also Keeps GPU miners employed as more currencies are released for different projects.

>> No.9782912

>>9782861
IT ALSO keeps the markets even as no one is owning more than 1% of the market as long as there was no pre-Mine.

>> No.9782927

>>9782898
I can't promise anything we could all under go solar flare tomorrow and go back to eating squirrels for meals. I do believe though that this will reach top 100 on CMC perhaps even top 50.

>> No.9782990

>>9782861
ALSO ALSO
If ICO's are labeled as securities than PoW will be main alternative.

>> No.9783169
File: 784 KB, 725x483, king_of_coin.png [View same] [iqdb] [saucenao] [google]
9783169

>>9781860
Selfless bump

>> No.9783178

>>9781860
just took profit. take cover lads

>> No.9783195

>>9783178
kek. $10 eow.

>> No.9783227

>>9782927
>>9783195
weeks and weeks of nothing but diarrhea raining from the sky on holders. how, you will think, can the price fall this low when it shot up to 5 so fast. then come the hard, bitter turds of your fellow believes

>> No.9783246

>>9783227
Unless a large portion of individuals decided to dump at the same time. the network is so well distributed it's peanuts in comparison.

>> No.9783271

>>9783227
At this point you are clearly fudding Because you were sure it was a pajeet DnP Scam. Instead of taking time actually contemplate what the fuck just happened in the crypto space.

>> No.9783272

If you mined this token for the last 2 months, you just 3x - 4x ROI'd.

Fuck all the biztards crying about wanting to know what the next 50x coin is while not investing in or even learning about 0xbitcoin. This shit went 60x in less than 2 months and will go even higher.

Stay poor.

>> No.9783305

>>9783271
I see the obvious retarded delusions have legs. Still in for half my stack in case you tards take it higher but I'm not betting much on this. It's absolute useless trash

>> No.9783327
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9783327

>>9783305
Please explain to me why you believe this?
I need to know for research purposes.

>> No.9783340

>>9783305
Or is your vocabulary Diluted down Diharrhea, Retards, and stack?

>> No.9783393
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9783393

my face when I need to bump myself again.

>> No.9783496

>>9783327
>>9783340
in the words of the creator, talking about his "pretty neat" hobby project, "it is basically just the bitcoin proof of work protocol on ethereum"

wow! pretty retro, like a Funko Pop on the blockchain.

of course it could go arbitrarily high, like dogecoin. but any narrative about why it is innovative or genuinely useful is being spun up ad hoc by people like you after the fact to pump its price. that facade of medium sized words and bedtime stories for retards will eventually crumble.

>> No.9783508
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9783508

>>9780925
LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL

>> No.9783573

>>9783496
AH HA but contrary to BTC and DOGE it provides the use of cutting away power after ALL COINS have been mined. Simply looking at it as bitcoin on the ethereum block chain is a major understatement. Not only In can It be used as Currency It doesn't require constant draining resources in order to continue to sustain itself.
ALSO it has a feature that BTC not provide which is complete double spending protection. Even BTC can be double spent if it has 51% its network taken over.
What better way to control a market then through ASIC?
It will continue to climb in price and perhaps one day Surpass bitcoin.

>> No.9783631

>>9781860
Thanks bought 100k

>> No.9783790
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9783790

I've dipped to far Bump me again /Biz/

>> No.9783955

>>9783631
Liar! Not that many for sale

>> No.9784051

>>9783496
>what is LTC