Destroy this man's threads wherever you see them, expose his symmetric semitry wherever it is. Never let the boomer breathe or walk safely again.
UNFUDDING 0xBitcoin thread
The ENTIRE BUY SIDE of the order book is less than $8,500. Its so popular that 3 people make up 80% of the buy orders, and it's only because they hold so many of these worthless coins that for them it is worth it to artificially hold the price up for awhile until there are enough buyers to dump their bags on.
This is not going anywhere. A coin that costs gwei to mine?! Get the fuck out of here with this bullshit scamcoin. Nobody is buying your bags. Enjoy another 10% loss today. Probably another 10-15% tomorrow, and in perpetuity until this fucking thing and its supporters join the turtle faggots in the bottom of the dustbin.
Jow Forums please fucking listen already
go look at bitcoin gold.
bitcoin gold is a shit scam. Theres no reason for it to exist, right?
bitcoin gold is the most profitable mainstream coin to mine with an nvidia GPU.
WHY IS THIS HAPPENING?
Because theres an even mining distribution. 0xBTC had a healthy mining distribution for months.
Then, basically overnight, a few people introduced thousands of GHs to the network. I had 2 GHs myself, I was consistently getting 1-2% of the rewards of whichever pool I was on. Now, I get 0.1-0.5%.
Is 0xBTC fundamentally useless? Of course. Its as useless as bitcoin gold.
Is it a pajeet scam? No, its not. It just functionally and tragically has a bitmain now.
You can all fix this by mining it and distributing rewards better. It will go back to being more profitable than equihash.
But obviously with no new hashpower, and a few people sucking 20% of the blocks, its going to look and feel like a scam.
TLDR:
Start mining. Sell tokens every payout. Increase trading volume. Increase price. Repeat. Just like every fucking mineable anything ever, you stupid fucks.
You are now a proven idiot. Congratulations. Hey minerbros - did you hear the news, Bitcoin gold is the most profitable coin to mine with nvidia. Wow. What a complete fucking retard.
You will be fomoing in at $10 nigger, screen cap this
Why would you want 0xBTC to be pegged to the price of BTC if it's partially trying to replace legacy BTC entirely?
Then if BTC were to lose adoption (to 0xBTC), as its price went down, 0xBTC would crash too. Old BTC also has its own price mechanics, due to it being entirely different - especially different mining algorithm, meaning different hardware needed to mine it and differing electric costs thus differing ROI's and a separate baseline for the price needed to make mining profitable.
Anyway. wETH is a big subject, but as Vitalik has said in the past, ETH is not meant to be a currency at all. It was only ever meant to be gas. I know a developer IRL who complains about whenever the price of ether moons because it makes it more expensive for him to make his dApp. When I say wrapped ether I'm talking more about an idealized, more general-purpose Currency-On-Ethereum.
Which hasn't existed yet up to this point, and a good reason for that is because mining does a lot to secure a cryptocurrency's value. Well what do you know, 0xBTC is the first genuinely mineable ERC20 token that can fulfill all of those lovely shitcoin functions while still requiring real-world electricity use to mint.
It's a concept that still needs to be fleshed out for sure, but that's my view on it
Sick fuck