/biz/ - Business & Finance

[Anonymous No.9925333]

Hey /biz/ i'm writing a paper based on the capabilities of 0xBTC. Does anyone have some ideas on how this might effect the crypto economics.

[Anonymous No.9925359]

>>9925333
Nope, because it won't have any effect. It'll sink into obscurity like all the other gimmick coins.
/thread

[Anonymous No.9925407]

>>9925333
Lava wallet lets you send someone any token by paying the fee in 0xbtc instead of eth. Will it be cheaper over time? What about paying for mining fees? Will they make it so you can mine and pay in 0xbtc? Mining 0xbtc you pay the gas in eth because 0xbtc runs on eth. Can they implement a proof of stake option when eth's casper goes live? How will these new developments of eth affect 0xbtc?

[Anonymous No.9925414]

[Anonymous No.9925438]

>>9925407
These are good things to point at I will investigate them.
Currently I am describing how the ETH network as a playing field for 0xBTC.
I intend to talk about the effects it will have if other projects take this path of being a PoW token.

[Anonymous No.9925485]

>>9925359
>>9925414
FUD'ers BTFO UNLESS you have something that is actually useful in the sense of FUD. Then by all means you are welcome.

[Anonymous No.9925682]

>>9925333
Write about how mining creates a price floor because a miner won’t sell for what it cost to create. Compare this to ico tokens which are created out of thin air, and the creator could sell for next to nothing and still profit.

[Anonymous No.9925703]

>>9925682
Right away.

[Anonymous No.9925757]

>>9925333

what does it do? what "capabilities"?

and don't mention anything bitcoin already does please.

[Anonymous No.9925811]

>>9925333
Being the only minable token, it has the potential to act as a better store of value than any other token (which can be created instantly out of thin air) and even Ether itself (due to its infinite supply) on the entire Ethereum network. This property allows it to be a good candidate as a main trading pair for decentralized exchanges similar to how Bitcoin is on centralized exchanges. It's basically the only legitimate decentralized Ethereum Network token without a company or an agenda behind it.

[Anonymous No.9926035]

>>9925811
>It's basically the only legitimate decentralized Ethereum Network token without a company or an agenda behind it.
This is true decentralized peer to peer "money" - A mobile and desktop wallet with eth scaling/sharding would make it a really neat token. >>9925438
Could be real forks off of 0xbtc not named 0xcate and oxbch. Atomic swaps and oracles? You can create smart contracts with it so why not an 0xbtc oracle network + lava wallet.

[Anonymous No.9926054]

The only capabilities 0xbtc has are getting retards to buy a coin with 0 use. You fucks are making these miners rich.

[Anonymous No.9926053]

>>9926035
Lava Network. Sidechains and oracles.

[Anonymous No.9926072]

>>9926054
EYY YOU
SEE >>9925485
OR GET OUT OF MY THREAD.

[Anonymous No.9926421]

>>9926054

this

[Anonymous No.9926447]

>>9925333
eth merging with bitcoin symbiotically as occurs in nature. the whole (0xbtc) is greater than the sum of its parts (eth/btc) together, creating a store of value on eth which can interact with smartcontracts, they are better off than each is on their own. the natural evolution occurring here is a breakthrough.

[Anonymous No.9926685]

>>9925333
>paper based on the capabilities of 0xBTC

Well, that's going to be a short paper. Maybe write a small post-it note instead?

[Anonymous No.9926700]

>>9926685
Well I have 3 pages so far so you may want to widen your perspective.

[Anonymous No.9926717]

>>9925414