Whatever retards, i'm done
I'm done telling you to invest in this, all you say is that i am a pajeet and this is a scam without even looking at the code, at the whitepaper
Some of you showed me really good coins that i made 10x on, so i wanted to return the favor
I'm done shilling this, i will be much more happier when you don't get a single penny out of that token
Kys biz
>muh unnecessary mined bitcoin brand leech erc20 token
i got some 0xBTC at like 20 cents thanks to you guys, thanks for the heads up.
comfy
Ethereum doesn't have a native store of value.
>Why not just use Bitcoin?
Bitcoin doesn't work in smart contracts.
>invest
But your mined token is... because it is mined? lmao
Also, it has several "stores of value", like gold backed erc20 tokens, and soon wrapped btc. Why would I use a mined token which has nothing in common with btc other than the name and the number of max tokens?
It's cool that it WORKS, I'll give you that, but that's it. It is unnecessary.
/bizzerboyz/ hate money
If this "token" was actually good, you wouldn't need to shill it
Never heard of gold backed erc20 tokens, that i can admit. However talking about wBTC? It's a centralized IOU token, it's not trustless.
Like i said in another thread; The only thing that wBTC will accomplish is to act as a catalyst for 0xBTC. People will realise how awful it is to invest in IOU tokens and then look for a true puremined alternative.
Can't believe you morons are still shilling this piece of shit.
Also yeah it is mined and for a very good reason. ICOs and Airdropped tokens are 99% of the time extremely distributed in the favour of the contract deployer/a handful investors. Which leaves them able to dump at any time.
The contract deployer didn't keep a single one of the 21mil tokens, the only way to get the tokens is to mine it. This leads to the most fair economy.
The chart above shows the distribution of 0xBitcoin, note that the topholder is an exchange
I hope bad things happen to all 0xBTC pajeets. Terrible things.
Nice try at reverse psychology Pajeet
the economics behind your shitcoin are absolutely retarded. there is no need/demand for it and there never will be. not only will the price never rise but even at its current price (any price greater zero) it is still overvalued.
there is no need to look at the code because even if the code was perfect it would still be a bottomless money pit without any hope of improvment in the future. the smartest thing to do is to reject you and your coin outright and ignoring your project.
these facts are so obvious to everyone but you that we are forced to assume that you are a pajeet trying to scam anons into your shitcoin. no individual having any intellectual integrety left within him would ever bother defending this failed project.
fuck you rashied and take you currycoin back to the indian temple/toilet where both of you came from.
If, yeah if Ethereum gets widespread adoption it would need a store of value. Vitalik and company just have to solve the scaling problem and i do belive they will.
This is THE store of value.
I've told this guy he is an idiot like five times now but of course he keeps coming back. This piece of shit is going to $0
>Nothing in common with Bitcoin
Its literally a different implementation of bitcoin with all of its parameters and value proposition. You haven't read the white paper. Start with that.
>Done shilling
>Creates new shill post
Okay pajeet. Fuck this coin and fuck Ethereum in general. It provides nothing new and nothing of value.
DGX is a gold backed ERC20 token. 1 token is 1 gram of gold
How do you prove that there is enough gold to back up every ERC20 token?
Congratulations, it uses the same parameters and value proposition. And it's still unnecessary and leeches off of the bitcoin brand. This store of value argument is stupid as fuck. Why would I need a DEDICATED store of value coin? What hinders you from storing your value in ETH? Hell, what hinders me from storing my value in DAI? What makes it a better store of value than ANY OTHER COIN? It's such a dumb argument.
Been mining since April, see you on the moon Op
Same way you prove there's enough tether or any other current stablecoin. You hope they actually provide audit reports.
In the end the value stays stable regardless though as normies will treat it as though it's backed until proven otherwise.
Not to mention the fact that Bitcoin has already been shown to be incredibly volatile and a shit store of value, so why would some shitcoin that shares it's name be any different
Proof of Stake will create Inflation just like ur Fiat DAI. 0xBTC is like Gold or BTC: You cannot create more, limited deflationary supply.
See u on the Moon (OP).
Do you realize that deflationary assets encourage hoarding which encourages economic stagnation?
Gold is not purely deflationary for the fact that there is still a minor amount of gold being discovered.
Seriously though, go look up why deflationary assets are horrible as a currency. It doesn't take much research.
A general purpose blockchain will never scale. On top of having to handle standard transactions, you also have to deal with smart contract transactions as well. Smart contracts would be better as a layer 2 add-on rather than clogging up the primary chain if you actually want things to scale.
Say your chain can process 50k transactions per second, but you also have smart contracts. And each "packet" in your dapp is also a transaction. You are very easily going to hit that 50k transactions per second. We pretty much saw this shit already with cryptokitties (which wasn't even remotely mainstream). Imagine if such a thing were mainstream. Some kiddo playing fortnite is going to use more of that effective bandwith than people actually trying to access their funds to pay bills. How can you ever hope for a financial system to work when it can be dosed by some kid playing stupid video games?
>Store of value
BITCOIN IS PEER-TO-PEER ELECTRONIC CASH.
>imagine mining an erc20 token
you're better off mining ravencoin
You're a retard. You have to pay to use the network. If some kids are ddos'ing ethereum, those are the richest motherfucking kids ever. Don't think running fortnight on ethereum, why the fuck do you need decentralized trustless fortnight?
Ethereum's usecase is more like eliminating manual processing of things like title transfer. Not video games.
Send a bunch of .000000000001 ether transactions and tell me how much that hurts your wallet. It causes a shit ton of network congestion, but it will be completely unnoticable. Not to mention the 0ether transactions people have sent in the past.
You haven't been using Ethereum for very long have you? I can tell by the fact you are unfamiliar with the fact that a huge chunk of smart contracts are exactly that. Shitty video games or casinos.
It's an open blockchain, people can use it for whatever the hell they want. Including clogging it up with fortnite if they want. Anyone can build anything on top of it. I can make a smart contract that spams out coins to people for no apparent reason. Billions of transactions clogging the network. Sure, it may cost some small amount of ether but so long as there are enough users it's irrelevant as they all cover the costs anyways. Literally go check back on what cryptokitties did to the network this time last year. It's the nature of a general purpose blockchain. No amount of attempted scaling is gonna fix a generally flawed premise.