/biz/ - Business & Finance

Why is 0xBitcoin shilled here daily even though the coin itself is not unique nor of value in itself? Why on earth would this coin have a mcap of 10mil like ever? Why??

It is not the first at anything. It's not the fastest. Not the cheapest. Not with the coolest team. Not anything.

ITT: shit that made you stop questioning this stupid market and just roll with it

>BTC falls
>0xBTC immediately rises 50%

Hmmmmmm, really jogs my noggin.

And the currency for it all.

Not memeing. MANA guy came on 0xBTC subreddit looking for a collaboration.

>>9218242
>Satoshi literally said he wanted to see Bitcoin on another blockchain

Let's just go over some facts:

>Market cap: currently only $1.87 million
>Carries the Bitcoin branding (instant normie magnet)
>Distinguishes itself as the only PoW-mined token (note: the fact that it can distinguish itself is more important than the semantics of whether an erc20 token needs/benefits from PoW/mining)
>Fast growing community and mining network
>LavaWallet (similar to what OMG is going for with Plasma -- as ambitious as it sounds)
>0xBTC can act as a currency for use in smart contracts (ETH, ironically, cannot). 0xBTC is a better alternative to DAI or other "currency" options as 0xBTC has a strictly fixed supply that is slowly unraveled through PoW mining.
>Mining difficulty naturally adjusted to the demand spike (as it was meant to)
>Even more mining pools being established to combat centralization.
>The top 100 0xBTC holders only own 7% of the coin's outstanding supply. Every erc20 has at least 75% of their supply in the hands of the top 100.
>PoW-mining structure means this token cannot be simply pumped and dumped like the litany of other small cap erc20 tokens.
>And for you BCHfags: 0xBTC is truly Satoshi's vision. It leverages another platform (something Satoshi foresaw and preemptively approved of), avoids Segwit and LN, and does away with bashful idiots like Wright and Ver who enjoy public spotlights and only soil BCH's branding.
>Again, market cap: currently only $1.87 million

0xBTC was shilled to me on /biz/ back in late March, and the shilling is picking up now and will only continue to pick up because this project is gaining more attention by the day. This will be the only shill post I do, since I felt I owed you one after ANT and EOS.

>How to mine:

Check out the 0xBitcoin Github for instructions. It's still fairly profitable.

>How to buy:

Figure that out yourself.