/biz/ - Business & Finance

Ready for validation?

In for wallet bruteforcing software coin thread number 500.

>>18390879
The website is down and blocks aren't synchronizing when I open the app..

>>18390879

free shitting street, for invite?
can i join Indian pyramid scheme please

4th epoch checking in

>>18390879
Could i get an invite? It seems like it has potential

I guess this pretty much settles the argument about /biz being the most retarded board on the internet

>>18390879
validation was awful. i have to wake up at 6 am every week for this???

>>18391391
>>18391391
Mine went flawlessly, finished with 20 minutes left to spare. No bad flips in short session, 2 or 3 in long session although I'm confident I nailed at least one of those and reported them.
>east coast fag checking in
Pacificfags have it rough kek, 5:30am but it's literally free money

>>18391462
hey mate could you send me an invite if I give you a burner email?

>>18391462
Likewise. Plenty of time to spare. Quarantine makes it easy for me to fit it into my schedule because I’m working from home now. How much DNA do my fellow Idenafags have so far? On 120 myself because I only got validated last session.

>>18391462
Same. All flops I answered were quality, grading session on the other hand.

>>18391369
pls xplain

>>18391369
>2.2k volume

BAHAHAHAHAHAHAHAH

I'm so fucked

>>18390879
I did my flips. Do I get rich now?

I reported 8 flips this time

>>18391486
I've added just over 1000 to my stack since around a month ago from mining and validations.
>>18391480
I leave for work here in 5 minutes desu
>>18391516
Turn mining on and leave your laptop open, or get a VPS if you have unstable internet and/or can't do the former.
>>18391505
What happened fren?

>>18391559
sike

>>18391533
there were no errors brainlet

FUCKING CHINKS FUCKED UP MY VALIDATION SESSION AGAIN

>>18391631
just hope they didn't get consensus

The britbong I invited last week attended today

>>18391691
They didn't. I am now a fucking HUMAN.

>>18391559
Nevermind man, I'm fucking in!

>>18391746
I went from Newbie to Newbie. 91% success so hopefully next validation is my time to shine.

>>18391391
>>18391631
lol today I validated whilst hosting a 100+ participants zoom meeting, no problems here, finally got human status

>>18391369
Oh no it's not on cmc, team didn't start marketing and it's pretty much testnet oh noo, aim not investing in this early I must wait for it to be in top 10
Are people here really this stupid, lol. That's how you get early you retards.

>>18391999
checked, you mad man
>>18391978
after 3 validation sessions you'll hit verified

>>18391486
5,000...I bought it. Going in for more later today.

>>18392197
>I bought it
BWAHAHAHAHAHAHAHAHAH!!!!
AHAHAHAHAHAHAHAHAH!!!!!!
HOHOHOHOHOHOHOHOHO!!!!
HUEHUEHUEHUEHUEHUEHUE!!!!!

Man, you are absolutely retarded. Well, first of all, show us the screenshot, which should be extremely easy to do, just so we know that you are not larping.
Some basement dweller mined a useless coin, and then you come along, all stupid and shit, and PAY ACTUAL MONEY FOR SOMEDOBY'S BAGS!!!! AHAHAHAHAHAHA!!!

Fuck, man. I know there are retards posting on this forum, but I didn't know that they were this brain damaged.

This gets a huge YIKES from me.

>>18392286
Kys redditor

>>18392286
And I'm doing it again later, probably another 3-5k! Just pull up QTrade...buys of at least 5k are going all the time. Someone bought 125k the other day. Assuming you were saying the same stuff when Eth and Link first appeared on the market as well.

>>18390879
can I have invite frien?
huvudtvatt@yahoo.com

>>18392197
Based. Mining and buying as well anon. We will make it.

Human Chad reporting in. Got 2 invites, tell me what you bishes will do for them

>>18392406
Well I slept through validation this morning so I don't have any invites yet. Just plop down some cash and buy a stack. Better to have 5k when it takes off than a few hundred from mining.

>>18390879
Can somebody give me a rundown on this?
There is too much shilling going on. I can't ignore that any longer.
1. Why do I need a fuckin invite?
2. This is ETC based?
3. Where can I buy?

>>18392404
125,000 * .13 = $16,250
Actual daily volume is $2,000.
Shit doesn't add up here, homes.
Show me YOUR screenshot, Anon. You haven't happen to be larping, have you?

>>18392415
>pump the price!
>buy my bags!
You fucking greedy, scamming, lowlifes.

WTF is this scam?

>>18392415
There's really no question about it. Instead of checking the price everyday I like to just look at the ETH and LINK charts during their first month of existence and the percentages they went up within the next handful of months.

>>18392436
>we need volume on the literally who exchange, so we can keep dumping! Please buy!

You know how transparent you scammers are? It's embarrassing.

STOP.
SCAMMING.
BIZ BROS.

>>18392460
Why would I be larping and trying to pump the price of something I didn't own? Better chance your trying to bring the price down so your allowance money can actually by a few.

>>18392449
Buy on QTrade. Very simple, you don't need to send an ID and all that garbage.

>>18392527
Is it not on eitherdelta etc?

>>18392473
>hello, I am part of the anonymous team, and we hold 50% of the token, which has no use case
>in order to exit scam, we need you to keep buying
>pump the price
>create the volume
>and once we exit scam, how are you going to hold us accountable???
>you wouldn't, hahahahah!!
>dumb fucks

Most people already see this for a scam that it is. Keep making new threads, so people like me can educate newbs about how scummy this whole situation is.

Thanks!

>>18392545
get a life brah, in 3 months you're gonna see this shit at 50c

>>18390879

>>18392545
So you literally sit on 4chan all day to "educate" people against crypto? You sure are a knight in shining armor. Good work loser.

>>18392542
Just QTrade for now. Came out a few months earlier than planned. Doesn't even really start until Quarter 3. This is literally getting in on the ground (or many floors below the ground) level.

so comfy being verified and having an invite left, who wants to suck my d?

>>18392545
Hey I found some of your old posts from the past few years!

"Haha you losers actually think Etherium will go to $1.00? Bunch of scamming jeets!"

"Can't believe you Indians think you're going to scam Chainlink all the way to 20 cents. You bunch of lying street shitters! Enjoy your losses!"

>>18392631
What is the current use case for the DNA token?

>>18392656
Unlike shills, scammers, and other kinds filth like yourself, I like shining a light on the side of this project that you willfully neglect to mention, because, obviously, that won't help with pumping volume and dumping coins.

>>18392719
There are 5000+ coins out there. 99.9% of them are scams. But not Idena! Idena is the real deal! Give it a rest, Anon. The more you post, the more you get exposed. And keep this about Idena. Why are you trying to divert attention by mentioning other coins? That's a non-argument.

Anyway, why is the team anonymous, and why have they allocated 50% of the DNA token to themselves?

What is the current use case for the token?

Let's talk.

>>18392743
I appreciate you helping me keep this thread topped so more eyes can see it. Everyone knows there is always someone like you in every thread, even the super successful projects from the past, and that you are totally ignorable.

>>18392691
Don't give it away to a random faggot unless they can show you a good flip

>>18392809
I want it to be on top, so people can educate themselves and see both sides of this. On one side are people desperate to sell, and on the other side are people warning everyone about the shady side of the project.

Do you mind answering my questions, or are we going to pretend that I have never asked them?

>>18392691
brah, you need to be sure the one you invite will show up to hte validation,better give it to a friend or to someone who shows alot of interest

Im seriously like the dumbest fuck out there. Easily one of the most stupid on Biz... Eva! I bought Dragon Chain and held and even Reddcoin! I even have a bag of MyWish waiting for it to moon..... But even myself in splendid irrefutable idiocracy can see this as the ponzy that it so clearly is.

>>18393035
Ok. Good luck with everything else.

>>18392788
>why have they allocated 50% of the DNA token to themselves?
50% as of right now. Keep in mind, ~50,000 coins are minted a day, and 99% of those go to the actual participants in the network. So as time goes on, the premine diminishes in comparison with the amount the community is holding.

>>18393190
shh, let him think we are shills, this is funnier

>>18393319
I’m About to buy

>>18393357
good for you Im a balkan poorfag and I can only put 100$ in this, oh well :) better then losing out on something huge

>>18393190
>>18393319
Directly from Idena website:

Total Premint Size: 36,000,000 DNA
Core Team Allocation: 17,250,000 DNA

You do you, and I won't stop you, but please do not lie to others. It's unethical, and we have enough scammers in this space.

>>18393501
the fuck are you talking about

>>18393501
Also from the website:

Total minting is capped at 51,840 coins per day. Half of the cap (50%) is mined while producing the blocks. The rest of the coins are minted during validation sessions.

That means that 694 days after the network first launched, the community will hold an equal amount of coins as the premint.

You do you, and I won't stop you, but please do not lie to others. It's unethical, and we have enough scammers in this space.

>>18393501
You literally just linked to a post explaining the 50% and why that percent goes down every day. That was not a good post.

>>18393580
are u reading what you are posting? Are you inbred or something?

>>18393665
What part don't you understand? I can walk you through the 7th grade math if you like.

>>18393665
yes it is a good argument anon, it is in favor of idena

>>18393665
Here I decided to show you the math since you're obviously incapable of doing it yourself.

>36,000,000 premint
>50,807,760.3 total supply as of right now
36,000,000/50,807,760.3 = 0.709
This means the premit is currently 70.9% of the total supply. Your initial claim of 50% is actually an underestimate.

>36,000,000 premint
>51,840 coins mined or accumulted for the community per day
36,000,000/51,840 = 694.4
This means that it will take 694.4 from the start of the network for the coins distributed to the community to match the coins set aside in the premint.

If you want to get technical, 1% of the coins accumulated for the validation ceremony (50% of the daily amount) are set aside in a wallet for future use. How about I leave this calculation as an excercise for you, champ? The answer is 697.9 days for the community amount to equal the premine, but I will leave the math as practice for you.

>>18393833
Bullish. Everything is going up!

Nice cp sharing platform you guys have there

>>18392788
Oh look it's this guy again.

Anyone of you faboulous faggots know if I can send the coins just to my ETH adress?

>>18394059
You can but it's bit of a hassle to retrieve, Idena is ethereum based but not an ERC-20 token. There's more info on the discord on this subject.

>>18394085
I bought some on qtrade and am wondering if I can just send them to my eth adress or whats the propper way to move them off the marketplace?

>>18394204
you can store the on the idena client

https://idena.io/?view=download#

>>18394215
them*

>>18394215
I guess then I have to trust the exchange more than some thing I have to download first

>>18393833
So it's going to take a year for the anonymous dev team to reduce their token dominance percentage to 50%. Jesus. My initial calculations were actually a lot more favorable. I did not know how bad things really are.

And then eventually the team would still hold 30% of token hostage, IF the project is still even around for this long.

The more I learn about Idena, the worse it gets. No wonder the shills are trying to discuss as little of the project as possible.

>>18394013
>there is only one person who finds the project stats unsettling
I am just trying to help educate people on what Idena and DNA are. You sure as hell aren't doing it. You just want to dump your mined tokens on some poor sole that is actually going to pay $$ for a coin with no use case.

>>18392743
This fucking faggot has been fuding for a week straight, talk about not having a life fucking lmao

>>18394249
Yeah you can keep them on the exchange if you want, you only need the client if you want to mine

>>18394308
>9 posts with this ID
Kys, no one gives a fuck about your opinion piece. You’ll continue wasting time fuding and smart money will continue buying and mining. Go /back/ incel

>>18394343
>>18394388
Why are you so opposed to people providing direct information from Idena website? It is almost as if you are scared of something. If the project is transparent and clean, then why is there anything to be scared of? We're just talking about information from the website.

>>18394497
Kill yourself nigger. My analysis was done based on information from the website.

>>18394308
Ok faggot

>>18394512
Perfect. Mine was a well. Now anyone reading this thread can get a general idea of what this project is about, and then, if they feel like the huge amount of red flags is a non-issue, they can research some more and go from there.

>>18394308
I don’t understand your point. This is actually a really good prmine ratio considering what generally happens in crypto. ETH had a 90% premine for the team and investors.

>>18394308
+1₹