0xBitcoin

This.

>** Reads posts above **
yeah, because people totally talk like that around here, faggot. Additionally
>implying a community-driven project that didn't have an ICO has funds for shills
It's a hassle to even raise half a fucking bitcoin for an exchange listing, who the fuck do you think is paying these "shills"?

I have 1750 0xBTC and I am extremely bullish about the future.

Who the fuck you think is paying us you Fucking niger loving spastic kike fuck. I fuck your mum face first into shit street seig heil seig heil seig heil you pillow humping little nonce cunt.
*****************************************************
I want to be clear I am genuinely enthusiastic about 0xbtc, which has no infrastructure to pay shills. This is kinda the point you dumby. The sentence "Hi Gys Big Fan" was a bit of a joke for people with basic reading comprehension.

Dude. you guys are literally talking to yourselves the only people who surf this Mongolian basket weaving sight are the same people everyday hoping to actually get a little knowledge out of this board. quit shilling our bags instead of trying to help each other out. If you really do believe the investment is worth it explain why. If you don't then explain why. We might as well have real discussion about the fundamentals of what got us here in the place. Why this place blew up into a crypto currency board and drowned out Jow Forums.

Mineable Tokens - waste of electricity - mining does nothing for security - could have just airdropped one token to every eth address - totally depending on eth not shitting the bed - people wont use it after eth POS, cause why should they - but nice PnD

Mining is shit for security, SHIT I'm telling you! It's slow af and needs to consume a whole lot of electricity forever to function. Using PoS for security instead is a lot better, since it's faster, costs more to attack and does not require an ever-increasing amount of electricity to actually work.

Maybe people just like the tech, that's why I got into it, not for fucking gains, it's the fucking pricks sho troll Jow Forums, who keep posting, it's a finished product, more of an experiment, buy or don't buy but stop talking shit.

Scarcity and proof of work are deflationary aspects of bitcoin that are essential to this project. If we are to provide a bitcoin like, stable form of currency on the etherium network these two prerequisites are essential, what you are suggesting would directly contradict the very value case of this token.

its a scam, a joke token, it has no features, it is mineable but mining doesn't secure the network since erc20 tokens are already secure
and nobody would take this shitcoin seriously, it is a waste of electricity

oh my god your sentence structure, (rather like your point); is retarded. I mentioned the lack of governance and discussed how this is a weakness as well as a fundamental strength. A cool guy answered with evidence of community organisation and provided a resource. What else do you want from three comments?

and who will you transact for tokens at a set rate on this secure network cheif?

What do you mean? I didn't say PoW is shit in general, it's the best method there is for distribution, it's just that it's shit for consensus. That's exactly why 0xBitcoin will be using PoS for consensus.

i dont know what the fuck was your question but i guess you meant this erc shitcoin is supposed to be used as a currency in the ethereum network
but it makes no sense,
if i want to get some random erc20 token why would i buy this shitcoin first, why can't i just directly buy the shitcoin i want instead of making the process more complicated by buying this low liquidity shitcoin

The token is intended to be a smart contract compatible currency for the etherium network: a medium of exchange, (this is the function of "a contract") the etherium network will require currency (to function as a market, this is a handy one, compatible with that network, rather than needing a recourse to an ancillary. You can't airdrop currency without inflation pushing the currency towards being worthless. The most basic fact about this project is that it is designed as a stable, bitcoin like, currency that is compatible with smart contracts and is deflationary by design. you keep banging on about utility token design criteria; but its is a mode of exchange for these tokens (not itself utility token), which can be contractually agreed on the etherium network. its a, simple essential idea that has been designed and deployed in in a competent, responsible and ethical way.

because you can write a contract for exchange on the network maybe? with the recourse of said contact recording actioning the exchange? I realise its a bit much for a coinbase n binance levelcrypt trader, but it'll be important as a feasible medium of exchange for reasons far beyond those of dummies retail trading for kin.

>why can't i just directly buy the shitcoin i want
Because most shitcoins don't have FIAT pairs and 0xBTC will be one of the main trading pairs for ERC20 tokens in a few years. So you'll have to buy 0xBTC with your fiat first and only then can you buy whatever shitcoin you want.

i don't see how is 0xbitcoin needed for that process, literally every other erc20 token can be used as exchange means for that contract.

>could have just airdropped one token to every eth address
How would that have been fair at all? Some people literally have tens of thousands of addresses while the average user likely doesn't keep any ETH in more than 5. People in the crypto space like yourself don't understand PoW's benefits and why transparent algorithm governed distribution that requires resource input is the more fair we can get to in terms of distribution.

Let's play a little game, you'll say what other token you think would be better and I'll say why you're wrong.

>0xBTC will be one of the main trading pairs for ERC20 tokens in a few years.
ethereum is the main trading pair, it makes no sense to use 0xbitcoin
>0xBTC with your fiat first and only then can you buy whatever shitcoin you want.
i can buy ethereum and then buy any shitcoin i want
why would anyone use such low liquidity coin to buy other coins
who is going to build liquidity for this shitcoin, who is going to get it added to exchanges as a main trading pair AND with a fiat gateway

the most liquid/stable coin in the market at the time would be better

Yea but can you name one other ERC20 token that was distributed through mining as opposed to being created out of thin air? Most ICO'd tokens have 20% or more of their total supply held by the developers ready to dump on people when they need more money. Distribution was done for these tokens in phases of sales, centralizing control. The token sale details were agreed upon by a small handful of devs with their own interests in mind.

Only by having a token be distributed by mining since the very first block can its distribution be said to be fair.

>ethereum is the main trading pair
For now, yes. And it may very well remain the main trading pair, but 0xBTC will most likely also be a very popular trading pair.
>it makes no sense to use 0xbitcoin
Not at the moment, no, but ETH is going to go PoS soon. It means that the people who already have ETH are going to keep on receiving it for doing nothing, which, in my opinion, will have a negative impact on the value. Going PoS will eventually result in ETH being delegated solely to the role of gas, and ERC20 tokens like 0xBTC will be used as currency on the network.
>why would anyone use such low liquidity coin to buy other coins
It won't stay low liquidity forever, that's why it's such a good buy at the moment.
>who is going to build liquidity for this shitcoin
People who are going to buy it when it gets more exposure because it's literally the next step in crypto
>who is going to get it added to exchanges as a main trading pair AND with a fiat gateway
The community, which has already managed to get it on a few exchanges and the 0xBitcoin Foundation, which is currently in the process of being incorporated.

>can you name one other ERC20 token that was distributed through mining as opposed to being created out of thin air
mining a erc20 token is a total waste of energy, it is even worse than bitcoin since mining doesn't secure the network
there is no fair distribution of tokens with mining either, the first miners will unfairly get more tokens, than the latecomers
efectively giving developers more coins and centralizing control, the first miners in the bitcoin network could mine thousand of coins in a few days, how is that any fair now that bitcoin costs 6.7k each
>but 0xBTC will most likely also be a very popular trading pair.
[citation needed]
there is no need to use old tech
>People who are going to buy it when it gets more exposure because it's literally the next step in crypto
that is not building liquidity and the later is just your opinion influenced by your heavy bags
>The community
good fucking luck with that

Okay, let's just keep this very simple:
1. Do you think Bitcoin is a good idea?
2. Do you think smart contracts are a good idea?
If you answered "yes" to both questions, then congratulations, you just figured out why 0xBTC exists and why I think it will gain value.

sorry if it got too complicated for you
there is no relation between the success of smart contracts and 0xbitcoin
>smart contracts can be successful without 0xbitcoin
>0xbitcoin depends on the success of ethereum but not vice versa and ethereum already has scaling problems
>0xbitcoin success depends on various other factors
thats a lot more downside
there is no reason i should buy 0xbitcoin since it doesn't solve any problem nor bring anything new to the table

big part of the success of 0xbitcoin depends on the community and the community depends on the profitability of the coin, in a bear market or crash this coin is one of the most likely to die
and the community is only present in Jow Forums
how many members there are?

It actually seemed that it was you who had the topic growing over his head. But anyway, smart contracts do not necessarily need 0xBTC to succeed, but they do need some kind of a decent medium of exchange. And there is none other than 0xBTC at the moment which is compatible with them. Now, of course 0xBitcoin depends on the success of Ethereum, but that's the #1 smart contract platform out there, I'd say smart contracts as a whole are dependent on Ethereum. I'm confident that Vitalik will pull through and solve the scaling problems. Also, you're wrong saying that 0xBTC doesn't solve a problem. The Ethereum network will need a currency that smart contracts will use. ETH itself is no good because it will be PoS, it has no cap on it, a whole bunch of it was ICO'd and its future monetary policy is completely unclear.

However, there are no sure bets in crypto and I don't have a crystal ball. To sum it up in short, my belief in 0xBTC is based on the following:
1. Bitcoin was a good idea.
2. For something to be valuable, it needs to be scarce and hard to obtain.
3. Smart contracts are a good idea.
4. Ethereum is and will remain the premier smart contract platform.
5. Vitalik will implement Casper.
6. ETH going PoS means it gets delegated solely to the role of gas, since it is neither energy-intensive to obtain nor scarce
7. Vitalik will implement sharding.
8. When that happens, smart contracts will be very widely used and people will need a medium of exchange that is compatible with them.
9. 0xBitcoin

If you disagree with these points, then I understand why you might think 0xBTC is worthless. Its future value is tied to a whole lot of factors, but I think the events unfolding as I described is a likely occurrence.

The community definitely has a major role in its success, and I'm pretty impressed by the community's achievements so far. Of course, if the community were to abandon it, then it would slowly fade into obscurity, but that doesn't seem very likely to happen given their enthusiasm.

Also, most of the community is not on Jow Forums, and all coordinated shilling is very much frowned upon. Most people gather in the Discord, which currently has just under 3k members. The invite code is "JGEqqmS", check it out for yourself if you have any doubts about integrity.

>there is none other than 0xBTC at the moment which is compatible with them.
but this is exactly where you are wrong
any erc20 can serve as a medium of exchange
and im also arguing that 0xbitcoin isn't a good medium of exchange
>I'd say smart contracts as a whole are dependent on Ethereum.
i don't think so
points 1,2,3,4,5,6,7,8 do not ensure the success of 0xbitcoin

bought a few hundreds just in case

Vitalik has stated in the past that eth is not intended to be used as a currency within the ethereum platform. It is not even on the board as a goal for him nor will he put forth the effort to incentivize this. As a fuel, yes. 0xbtc has interoperability between all projects on the platform and was devised as a method of providing an unbiased medium of exchange that smart contracts can automatically utilize as a go between to connect functionalities of different projects. It's applicable use-case scenarios between apps on the platform is where the potential value is.

>any erc20 can serve as a medium of exchange
But all other ERC20s started out in the hands of one person. We have no idea how that one person distributed those tokens or how many they kept for themselves in different accounts. 0xBTC is the first PoW-mined ERC20 token, where the deployer could not possibly have all of the tokens, firstly because the majority of them are still in the smart contract and secondly because there is only so much hashpower he has to obtain it with. If you are OK with centralized tokens being currency, then why are you even in crypto? That's just like fiat. If you have some spare time and an attention span, then I recommend you watch this review of how most ERC20 token contracts are set up:
youtube.com/watch?v=XmMR3DQWdKg

If you don't agree with Ethereum being the best hope for smart contracts, then we'll just have to agree to disagree. There is no argument that the success of 0xBTC is dependent on the success of the Ethereum network. I believe Money Skelly will meet the challenge, if you don't, then this is probably not for you.

>points 1,2,3,4,5,6,7,8 do not ensure the success of 0xbitcoin
They pretty much do, though. Given points 1 through 8, what else do you think would be used as currency on the Ethereum platform?

Its a fucking contract you prick, there is no tech. Its running on ETH, holy.

literally everything you said about mining and distribution doesn't matter, decentralization is irrelevant since we are talking about erc20 tokens, the only thing that matters for the success of a coin that is supossed to be a medium of exchange is liquidity, and 0xbitcoin has none
the point of the whole discussion above was, how is 0xbitcoin building liquidity, and the only answer was the community and that they will provide liquidity for ideological reasons, but the truth is that profitability is more important, those community members would leave as soon as it is not profitable or there is no expectation of profit
can anyone answer this without falling for the same mining circlejerking

Based explanation

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Everybody on this board knows its you. You and some other shills are the only ones posting like that and by now I am starting to think that you are just to dumb to adjust socially and fit in. So far you did not get a single positive respnoce for polluting this board once again with your retarded shitcoin and your language makes it clear that every other post belongs to you.

Just look at this Have you ever seen such shitty argumentation in a link thread? Can you even imagine it with your monkey brain?

You cant drown a negative responce with your own shitposting if your own spaming is the reason that makes everyone believe its a hopeless scam. The only think that could save your scamtoken would be real fundamentals. But everyone knows that there is no final buyer and there never will be.

>just came back from vacation

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>decentralization is irrelevant since we are talking about erc20 tokens
What does that even mean? Do you think ERC20 tokens are inherently centralized or something? As I asked before, why are you in crypto if you think decentralization is irrelevant?

>how is 0xbitcoin building liquidity
How did Bitcoin "build" liquidity? How does one "build" liquidity in general? You just have to work on a great project and it will eventually draw more people in, leading to greater liquidity. 0xBTC is still a very new project, it's insane to expect it to have a huge volume right away. We have no Mr. Moneybags in the community that can provide $1MM in liquidity both on the sell as well as the buy side.

> those community members would leave as soon as it is not profitable
It is not profitable right now, yet the community is going strong and people are mining it at a loss simply to reach the difficulty readjustment. You have no argument, only baseless rambling about "liquidity".

>you are just to dumb to adjust socially and fit in
>wanting to fit in on an anonymous Ecuadorian underwater fish-spearing forum
>thinking that money is made by following the masses
Glad to see you're still alive though, was getting worried these past few weeks already. Every good project needs a retard like you to counter-signal it.

itt niggas missing the next x100

to the retards claiming there are posts by paid shills: there are no funds for exchange listings, do you think there's money to pay for shilling?

>What does that even mean?
a) it is irrelevant since all erc20 tokens are subject to the same level of decentralization of ethereum
b) it is irrelevant for the end user

How did Bitcoin "build" liquidity?
bitcoin was revolutionary and WAS THE ONLY trustless decentralized medium of exchange, now we have countless number of coins that do the same
>You just have to work on a great project and it will eventually draw more people in
0xbitcoin does nothing and brings nothing to the table, it has no liquidity and there is no reason any end user would use 0xbitcoin over any other coin

>minable ERC20 token = indian woman with hairy nipples
as long as you fail to explain how one feature adds any value to the product your shitcoin remains worthless

>this guy is not a shill

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dogecoin isnt vulnerable to a 51% attack
all of dogecoins have been safely distributed
and dogecoin isnt a stupid "" token"" that steals code from an actual coin (etherium)

>a) it is irrelevant since all erc20 tokens are subject to the same level of decentralization of ethereum
Oh wow, you really showed the depth of your knowledge with that little point. ERC20 tokens share the security of the Ethereum network, but if I create an ERC20 token where I sell 10% and keep 90% to myself, then it's definitely not as decentralized as Ethereum. And that's exactly what a lot of ICO's are doing and what 0xBTC was created to prevent.

>0xbitcoin does nothing and brings nothing to the table, it has no liquidity and there is no reason any end user would use 0xbitcoin over any other coin
If you truly believe this while having read through my previous posts, then I'm sorry, but this just isn't for you.

>as long as you fail to explain how one feature adds any value to the product your shitcoin remains worthless
It prevents centralization and corruption while also making an exit scam by the devs literally impossible, Judge 'Jeet. This is something that no other, not a single other ERC20 token can claim.

Dogecoin is a great crypto, but it's not compatible with smart contracts, while 0xBTC is.

again the mining circlejerking
there is no liquidity for 0xbitcoin and from what i have seen the community members are just interested in shilling their heavy bags, and nobody is doing any effort to build liquidity for their shitcoin, since they got in for quick gains and nobody is really interested in the success long term
good luck with your decentralized distribution and mining circlejerking, too sad it is not going to take you anywhere

specially shilling in Jow Forums
i knew it was shit but im impressed that it is shittier than what i thought

>this 6 month old token does not have millions in volume, therefore it is and will forever be shit
Thanks for your input

Now you know how cancerous gpu miners are

>there is no reason that this shitcoin will ever have any liquidity
there, fixed it for you
there is no reason for anyone to buy or hold this shitcoin other than community zealously since it has no ulitily and serves no purpose
this shitcoin was born as a pajeet scam and the whole distribution narrative was created around it

Attached: 0x coins.png (915x655, 41K)

I literally just described why people would want to buy this token, I'm not going to repeat myself, so just scroll up and take a big think if you're interested. But I'll do a quick recap for you since you don't seem like the readin' type: After ETH goes PoS, 0xBitcoin will be
>The
>Largest
>Proof
>of
>Work
>Mined
>Asset
>on
>the
>Ethereum
>Network
And many people hold mined cryptos to be valuable. It's actually in the definition of a cryptocurrency that it has to be created by cryptographic means (that's mining btw), so all other ERC20 tokens aren't even cryptos by definition. If you personally don't see value in mining, that's okay, but there are many who do.

it has serious potential to be worth $25 imo in the next year or so.
its a good hold, has organic growth, only 7 months old, etc

t. 30k 0xBTC hodler

This. No need to complicate matters with a book.

>so why would i buy this coin
>errm it is mineable
i dont see any value of a coin that is supossed to be a medium of exchange. but has no liquidity or anyone interested or already building liquidity for it
what is even the point of this coin if all the fundamentals are built around being a mineable coin, and the most important part which is liquidity and adoption is being left aside
all the other coins are built around being useful, solving a real world problem and that driving adoption
this is the coin with the weakest fundaments i have seen

0xbitcoin is literally just mining shilling and dumping
get the fuck out of this board, nobody likes your shit scam.

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It's main selling points are that it's mineable AND it's compatible with smart contracts. Those seemingly small things have very far-reaching implications that I've tried to explain to you over the course of this thread, but it is clear that you have already made up your mind, so I won't bother with you anymore.

NO ONE CARES ABOUT CENTRALIZATION OF THAT KIND

just look at india
>all poo poos use USD, their own shitty fiat and gold
>all are centralized as fuck
>nobody cares because USD and gold still do a good job at being currencies and assets.
>the most decentralized currency there is their own india hustle fiat and everyone hates it because indians know best not to trust other indians and that their own goverment will scam them into poverty using inflation.

>minable ERC20 token = indian woman with hairy nipples
as long as you fail to explain how one feature adds any value to the product your shitcoin remains worthless and a useless wase of electricity

AT LEAST THEY WERE HONEST ENOUGH TO PRINT A DIRTY HOBO ONTO THEIR FIAT

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>It's main selling points are that it's mineable AND it's compatible with smart contracts.
well that is even dumber, any erc20 is compatible with smart contracts
and a coin being mineable doesn't make it any special

>miners are constantly dumping
>there's no liquidity
choose one and only one, retard. There's no liquidity because anyone already in knows that this is a moonshot and is just waiting for others to figure it out as well so the price could skyrocket.

>constant selling pressure = liquidity
>moonshot
kek

>constant selling pressure
>up over 600% since April

>crerry picking dates
check the chart again
its shit

Mined a shitton of this stupid meme token on start, dumped it on some sweet OMG FOMO 4chaners. Laughing at everyone who is buying
Literally the most useless token ever

I like it
You fucking nigger faggot cancer jew

there was no premine...

We should push the narrative that 0xBitcoin is the real Bitcoin.

0x BITCONNECTTTTTTTTT

So have we taught the guy with all the indian jpegs about labour theory of value and deflation yet? I tried to explain how contracts are a method of exchange requiring a medium of value. Don't think he got it. Lets try this: Lets say you and I make a SAFT. I'll agree to exchange future returns from my endeavor in tokens ("Y") for my platform that you can sell at market. How many do you want? How do you know how many you want? The answer your fancy lawyer will give you isn't a number. It's "the equivalent number of Y to an agreed value of X". Getting tricky now, init? So what is X? Dollars? Bitcoin? If only there was some legitimate, (by labour acquired and scarce), currency we got just bam right into the smart contract to avoid administrative and logistical expense and inconvenience. But what could we use for X??? Also for the last time their is no fund for 0xbtc, look at etherscan. no one has control of the funds to pay pajeets. The project has been made in line with actual bitcoin economic principles. This is why its worth more than your airdropped, infinite supply token

this.

nice larp

What the fuck is this thread

I check the price on this and I get a fucking panic attack - think about how much more I could have lost if I hadn't panic sold sooner.

Why are you panic buying and panic selling?

I bought a couple weeks ago. Feels comfy

Let's play a game.

>Get a brown marker.
>Write "0xBTC" on your forearm skin.
>Take picture of it and upload to this thread.

If we can clearly read the writing on your arm, all the points you guys are making in this thread are valid. If not, or if there are any disagreements, then you all are clearly paid pajeets and this post will be referenced in all future threads. The choice is yours.