/biz/ - Business & Finance

Also Mercatox:
https://mercatox.com/exchange/0xBTC/ETH

LURKERS & NEWFAGS BEWARE - 0xBITCOIN WAS A BIZ PND THAT THOUSANDS OF ANONS GOT BURNT ON IN 2018

0xBitcoin was a /biz/ invented FPGA miner scam token.
Almost everywhere online 0xBTC threads are deleted, ie plebbit, its that big of a scam.
The actual daily 24hr volume on 0xBTC is under $10,000 - CMC reported volume is 95% wash trading
Don't believe me then buy $300 worth of 0xBTC and watch the price move by 20%

Around the time that these miners were pumping 0xBTC they shilled /biz/ CONSTANTLY with it.
There was at least 15-25 spam threads about it daily up until they dumped their bags on all the anons buying in.
It was a coordinated pump and dump and these 0xBTC scamming faggots think that /biz/ has forgotten about what they did.
Lots of anons were fooled into buying it at $2-$4.
Now there are tons of bag holders of this shitcoin and ALL of the 0xBTC threads on /biz/ are made by these miner faggots where they coordinate /biz/ shilling in their 0xBitcoin discord.

This project has a better chance of always being worthless than even worth $5.
No one will really tell you the truth about this scam because so many ppl were suckered into buying it on /biz/
Truth is, not many ppl are smart and wise to scams and it takes a high IQ to realize that 0xBTC is a miners scam token.
What's more is the FPGA miners mining this shit are now only making about $0.08/0xBTC and it keeps dropping.
It's incredibly not profitable for anyone besides FPGA fags to mine this shit.

Don't fall for this fucking miner scam token, its always going to be worthless.
>entirely community driven
>zero money for marketing or exchange listings
>scam artists for devs - who literally orchestrated a pump and dump on bizlets
>miner shill faggots who constantly spam threads about it bc they are so desperate for you to buy their bags because LITERALLY NO ONE IS BUYING THIS SHIT ANYMORE

What's more is that 0xBitcoin DOESNT EVEN PUMP WITH LEGACY BITCOIN!!
>do not reply to 0xbtc shills

>>15168349
Don't you get tired of posting this pasta every day?

>>15168349
>entirely community driven
How Is that bad? Genuinely asking

Bumpity bump

>>15168349
>I lost money on a cryptocurrency it's a scam reeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!!!!!!!!!!!!!!!!!!!!!!

>>15168349
>0xBitcoin was a /biz/ invented FPGA miner scam token.
>Truth is, not many ppl are smart and wise to scams and it takes a high IQ to realize that 0xBTC is a miners scam token.
behold vast intellectual power

>>15168396
I think the claim is that it makes getting it on exchanges difficult, but they are all so obsessed with "making it" that they forget that before it was something to trade, BTC was intended as a currency.

>>15168950
0xbitcoin is one of the relatively few projects not to do a scammy ICO selling insta-printed garbage. so unlike many other projects, they don't have e.g., 5 btc to give to exchanges for listings. and many members of the community would be opposed to paying exchange ransoms anyway.

>>15169014
Yea instead of an ico a few miners filled their bags and then dumped them on biztards

>>15168250
>>15168285
>>15168378
>>15168396
>>15168843
>>15168918
>>15168922
>>15169014
>>15168950

VOLUME = MARKET CAP
>somehow not a scam

>>15169068
what is your exact accusation? miners mined 0xbitcoin exactly like bitcoin. probably some of them sold it, too. there may have been a pnd effort, but it was by people on biz, not people in the community. there has never been anything on the discord about pnd. we can't control everybody in the world and it doesn't seem appropriate to apologize for that.

>>15169096
thank you for making it perfectly clear something is terribly wrong with your ability to think.

>>15169105
The accusation is that there is literally no point to 0xbitcoin, and that the only point was for the original miners to make a quick buck, anyone holding now are bagholders in the truest sense...

>>15169149
you just don't seem to know anything about the project. you seem to have some scam fantasy that just doesn't fit with what you see if you hang out on the discord or if you mine in the pools, etc. why are all the devs still there a year and a half later? why is the hash rate still so high? why do new related projects keep coming out? why does the activity on the discord keep increasing?
i just can't understand why you insist on saying bullshit when you're clearly not even involved.

>>15169096
Every 0xbtc holder will tell you to ignore the volume because Mercatox inputs fake trades into the history to inflate their numbers.
That's not a 0xbtc problem though, it happens with every coin on there.

0xBTC could do very well during the up coming financial crisis. Hard capped, proof of work currencies will be gold during a deflationary spiral. It has all the aspects of Bitcoin, and with the additional aspect of interoperability with Ethereum smart contracts. People will be scrambling to search for quality crypto investments in the coming months as Bitcoin rises to new highs. The most interesting iteration of satoshi's whitepaper will be one of them. All as Ethereum 2.0 starts to really come into its own.

>>15169177
Thanks just bought 1000

>>15169191
Sure, it could fail. but throwing $100 into this could change your life in a way that almost no other $100 investment could. If this succeeds, it will succeed massively. If it fails, it will go quietly into the night. The price has basically held steady for 7 months now. I really thought we'd be dipping to 5 cents or so, but that never happened. The dip to 10 cents was very brief and pretty much in line with the market crash. If miners wanted to dump on people, they'd have done it by now.

>>15169231
dude, i don't care if you buy it. everyone should buy according to their own best understanding.
the thing that i find absolutely mystifying is why people will come into these threads and confidently spread misinformation or just deliberately lie for no clear reason. the dude up above claiming that 0xbitcoin is secretly mined at low difficulty somehow, he could never explain how that is supposed to happen because, spoiler alert, it can't happen. but for some reason he feels compelled to drop a shitbomb of lies. is this some perverse defective way for ultra losers to feel empowered?

>>15169299
This is /biz/. People FUD and spread disinfo for no reason, even about projects they're heavily invested in if they don't want others to get in. 0xBTC's marketcap is so low, and the last pump was so rapid, I can see why someone accumulating would spread FUD. With the current supply cap and marketcap, 0xBTC is going to rocket off hard if it gains awareness.

>>15168250
where you want to shill this worthless token once 4chan goes down?

>>15168250
Lol how's that mining rig doing anon? Let me guess, ROI 2023 and after that it's "pure profit" hahahahahahaha

>>15168349
>>15169096
>>15169380
this coin has the most schizo FUD, I like it

>>15169380
he posted links to an article and a dex. is that shilling?
>>15169402
hash rate is like 10TH/s. some of the individual miners clearly have hundreds of thousands of dollars worth of hardware. i think you need to provide a bit more information if you want to convince us that you're smart and they're stupid.

>>15169402
Umm what?

Man, the fuds against this project are something else. I never thought I'd see the day where everyone defends this scammy ass ICO bullshit. Everyone just acts like BTC is an avenue for them to get rich and that was all that was in the white paper.

Bought 100 on idex, myself.

>>15170073
Nice suicide stack

>>15170073
nice brah

>>15170264
I'm probably gonna dca up to 1000 for a real suicide stack, but it's like buying BTC for 20 cents if it can truly kick down the doors of BTC and eth doesn't tank.

Hell, if this just hit a few bucks id be happy.

A Token HATED by the ETH Foundation (due to POW) ... what could go wrong.

>>15170562
i think this could be true, but can you actually cite any evidence?

>>15170562
Why do they hate it? Fill me in

>>15170628
my oversimplistic guess would be that a growing number of people think it's morally wrong to use electricity, that it's killing the earth. i think this is stupid, but that's more or less how some people seem to see it.

>>15170663
Well, let's see how pos works out for ethereum

>>15170562
come back. any source for your claims, or was the source just your dirty butthole. that's where most 0xbitcoin detractors seem to pull their information from

>>15169096
This is obviously written by the same guy who wrote the fpga scam pasta and fudded 0xBTC as Judge Doom last year. The schizo style is simply unmistakable. Weird how so many /biz/lets go along with it. Really tells something about a project if people are willing to go out of their way like that to fud it. Meanwhile, the value of the rigs mining 0xBTC surpass its market cap.

>>15170900
This, post proof

>>15170972
i'm just glad that the claims are so stupid and bizarre that i don't think there's any need to expend effort refuting them. the claims are just too incoherent.

>>15171246
You have chosen the wrong chain for your wastefull Token. We are going forward with the pink pill.

Expect a store of value on Ethereum to appear with ETH 2.0, Vitalik will shill it too. Goodnight 0xBTC.

>>15171438
Source?

>>15171438
whee, another unsourced nostradamus claim with no evidence by the same guy who couldn't or wouldn't back up his previous claim. this is what the 0xbitcoin antifud slog is like.

>>15171438
>Expect a store of value on Ethereum to appear with ETH 2.0, Vitalik will shill it too. Goodnight 0xBTC.
come on, buddy. i believe in you, i know you are a capable and intelligent person. just find us one web page or one screen shot or type up any sort-of sensical line of reasoning why you posted that crap. any little shred of justification. don't leave us hanging. you can do it.

Silence

>>15171806
There is no pic or screenshot, just chatter at the office in Berlin.

>>15171911
Post picture in the office

>>15171911
ah, cool, i knew you could do it. now we're getting somewhere! see, that wasn't so hard. it really is possible to communicate with other people at a higher level than just making claims with nothing at all to back it up.
you claim you heard something. ok. i don't give that much weight, but i can't disprove it either, so i'll take it under advisement.
see, we are really talking about REASONS for what we think now instead of just grunting at each other like animals. it's ok for us to use our brains.

>>15171911
anything else?

>>15168349
This pasta is the only reason I bought this coin in the 1st place. It seems like (((they))) want us to stay away from some reason. I wonder why???

My miner bags are heavy, please pump so i can dump sirs.

>>15169490
>hundreds of thousands of dollars worth of gribto miners
>2019
Maximum kek

>>15172431
have any original thoughts about 0xbitcoin? know anything at all?
>>15172441
try to express some coherent viewpoint. we can have a discussion.

>>15172456
dont care about 0xbuttcoin, just want ETH

>>15172521
eth is cool. but there's no hard cap. vitalik and people like that have said they don't see it as a good candidate for money or store of value.

>>15172403
Always do the opposite of what biz does.

>>15172456
>s some coherent viewpoint. we can have a discussion.
How many of these threads do you make in a week? How fucking deep in the hole are you?

>>15172673
>How many of these threads do you make in a week?
zero. i've never created a thread on biz. i only ever respond to misinformation because i like the project and i don't like liars.
>How fucking deep in the hole are you?
i'm not in the hole, i'm up. and i'm well-off, and i don't need 0xbitcoin to succeed. i just think it will succeed because it's good.

Based

>>15169096

behold, a new level of stupidity has been reached

>>15168250
the name should tell everyone how shit idea investing in this, is. ZERO TIMES THE VALUE OF BTC, AKA 0 USD

fuck off pajeet

>>15173261
behold, a new level of stupidity has been reached

>>15169096
bamp to invite people to savor this infographic again

>>15173261
Lmao

come on. let's hear another absurd, stupid, trivially debunkable conspiracy theory about 0xbitcoin, ideally with some completely irrelevant racist shit.

tell us about how ZERO EGGS BTC TOOKED UR HOUSE /biz/

>>15174725
Come again fren?

>>15172730
>i only ever respond to misinformation because i like the project and i don't like liars.
Yes and you're in every thread. You have an extremely recognisable and deranged writing style. GET HELP

>>15174840
point out something i said that was wrong.

>>15174857
Your whole life is wrong

>>15174840
Two questions, how much did you invest, and how much did you lose? Bought the top?

>>15174990
Make it three lol

>>15174990
>how much did you invest
Holy shit ZERO. Never would I ever buy anything so fucking useless lmao
>and how much did you lose?
Also zero. Hold on... maybe there is some connection between NOT buying 0xbtc and NOT losing money! Whaddaya think?
>Bought the top?
Again, I avoided this by simply never buying (or mining! Mining costs money too).

>>15175148
ok, to be fair, you're just answering questions. that's fine. but do you actually understand this stuff? or are you saying it's worthless without being involved with the project at all?

Fud this back to $0.15 Bls, sirs.

>>15175304
You have this crazy overestimation of your own expertise. It's really not hard to see how shit this token is. Really. Most people, within seconds, will notice that it has no purpose and move on with their lives.
You seem to have skipped that little cognitive operation and jumped straight into dogged defence.

Be honest, when was the last time you bought mining equipment? What date?

>>15168349
based
orange id pilled

>>15175304
this is you

>>15175689
you're just projecting and begging the question. you say it's worthless, and i try to get some idea what your opinion is worth by asking how much you know, and you say "it's obvious it's shit" or whatever without providing any facts or reasoning. shrug.

>>15175689
a pretty good answer to "why" was written by the guy who wrote the smart contract: https://medium.com/@admazzola/the-case-for-the-mineable-erc20-token-78cbb4c34331

>>15175794
If there was a 5th panel it would be a huge wall of text gibberish with tons of circular reasoning, bad assumptions and false equivalencies.
But fuck that noise lol.

>>15175689
Do you really need an answer to this retard? Go read the fucking BTC white paper holy shit

>>15175827
>Justifying a shittoken
>Read the Bitcoin whitepaper
Ok retard

>>15175846
It's supposed to be Bitcoin but on eth. If you need an answer to why BITCOIN is the way it is, then you're a fucking retard.

Now, if you want to ask "why does any token need to be mineable" then that's a valid topic. I would also accept "why does ETHEREUM" need a mineable token as valid fud.

further reading https://github.com/0xbitcoin/white-paper/blob/master/README.md

>>15175975
Hadji, stop calling people retards and explain to us why anyone would ever buy your token over ETH, BTC or any other Ethereum token?

>>15176066
You're deflecting. I called you out for your meme image on why it is mineable, and you are now backpedaling. If you want answers to your question, ask someone else. I'm telling you however why your dumb meme image is wrong. Read the BTC paper and that answers any questions about the Bitcoin aspects of 0xbtc.

Thanks.

>>15175975
>>15176066
On first glance, it seems worthless. And on second inspection, yes it looks worthless.
BUT
after further reflection
after deep deep thought
..... it's worthless.
There is no trick. It looks worthless, it is worthless.

>>15176145
begging the question.

>>15176066
over eth: eth doesn't have a hard cap. that's probably bad for storing value.
over other erc-20s: most of them are insta-printed garbage, not mined.
over btc: btc can't interact with smart contracts.

>>15176177
>begging the question
Please educate yourself on what that phrase means. It's painfully cringe to see you misuse it so confidently.

>>15176220
i don't need to convince you. lurkers can decide for themselves.

>>15176196
>over eth: eth doesn't have a hard cap. that's probably bad for storing value.
Most cryptocurrencies and ETH tokens have a hard cap. Why should we buy yours? Your theoretical hard cap is offset by the fact that there's zero liquidity.
>over other erc-20s: most of them are insta-printed garbage, not mined.
What the fuck are you talkinga about, Hadji? Plenty of other mineable ETH tokens around, do a single google search before spouting bullshit.
>over btc: btc can't interact with smart contracts.
You mean Bitcoin can't interact with smart contracts on the Ethereum network? Well gee Hadji why would that be? Perhaps these two are completely different blockchains. But hold up 0xBTC can interact with Ethereum smart contracts, just like every other Ethereum token? Big if true.

>>15177195
Can't be bothered to reply against you because I'm in bed but the value is it being BTC on the eth.

Not sure what you're looking for. Why buy anything other than BTC?

>>15177195
>Most cryptocurrencies and ETH tokens have a hard cap. Why should we buy yours?
because it's not insta-printed garbage like those most tokens.
>Plenty of other mineable ETH tokens around
none of them have even 1% of the hashrate of 0xBTC.
>You mean Bitcoin can't interact with smart contracts on the Ethereum network?
yeah, it can't, which decreases its uses by quite a lot. 0xBitcoin is the first crypto to achieve the trinity in pic related.

But of course, you already knew all of this. Your "arguments" are so stupid that they're obviously not meant in good faith. Why are so many people, who clearly understand the project, fudding it to others? Gee, I guess that one's gonna remain unsolved.

>>15168250
cruzbit is a better buy / mine and un-cucked by miners, for now.