/biz/ - Business & Finance

>>24139588
Based skelly

I dont know what any of that shit means but I made 200k this year on crypto bc I'm sub 100 iq

BTC maximalists don't listen to logic, arguing with them is like talking to a brick wall. I salute Vitalik for staying so patient with them for so long, though.

Any reviews about duckdao.io?

Please, take a look and share your opinion about their Crypto Incubator and investment system. Want to take part but try to find more info about it

>>24139588
>>24139614
taproot is gonna fix LN centralization problems
vitalik is seethe

>>24139588
can he use commas in his fucking post, it's literally unreadable

>>24139657
Using a comma in that sentence would be ungrammatical.

I wonder if Vitalik lurks around here somewhen

i dont care about vitalik but btc maxis are the most brainlet, unimaginative people in crypto.

even worse than rippletards

Share your reviews/comments about DuckDAO?

Found Medium article about their Crypto Incubator, seems transparent, share your opinion about it.

Dude, you created the shitcoin that made all the ERC20 scams possible and should shit the fuck up skeleton

>>24139665
>Dude, you're literally part of a company that created a proprietary consortium chain for people to stick their tokens onto, that only needs to exist because BTC (and even trustless L2s on top of it), don't have the scalability or functionality to do so natively.

>using a comma in that sentence would be ungrammatical.

>>24139701
shut*

>>24139665
His sentence is perfectly correct
Just because the parentheses threw your brain off doesn't mean a "pause" goes after

>>24139693
>btc maxis are the most brainlet
btc maxis are the most redpilled, you shouldn't mix hard money with a 72% premined shitcoin that is about to switch to PoS to make their founders even more richer since they are gonna get most of the staking rewards.
I want to remind you that PoS is a commie-oligarchic system where vitalik and his folks own most of the supply, so 2% in staking rewards on 10M ETH is +200k ETH, while staking rewards for a poorfag with 32 ETH is just peanuts, and they will just increase the gap.
PoS is designed by vitalik to get richer and richer due to the premine, while the poorfags bleed wealth because of inflation.

Do you know anything about duckdao.io?

Wanna participate their Hunters season but cant’ decide is it good or not.
Please, take a look and share your thoughts/opinion

>>24139739
Did you quote the wrong guy?

>>24139711
Yes, the adjusted sentence you posted is ungrammatical, commas don't belong there.

>>24139767
Lol. That’s called capitalism. The more money you have the more you make.

Brahs, are there any Bitcoin advocates that are smart and not a 40+ boomer?

>>24139783
the thing is, they fit perfectly into the sentence.

Well, this time the DeFi projects have no odds they are made by laymen. I prefer to invest in Dymmax (dymmax.com) several times then give my money to any amateur!

>>24139614

>>24139588
kek i'm a bitcoin maxi but i never liked that cuck samson

>>24139711
>puts a comma between subject and verb

>>24139623
bitcoin maxis are three kind: one that uses absolute logic and is a crypto purist, those that find alts too risky for investment and barely dare touch bitcoin, and finally drooling tards like peter mccormack or tone vays

>>24139836
>not realizing that the subject is before the verb

>>24139618
Same

>>24139711
If you're not ESL that's pathetic lmao

>>24139800
You're fucking illiterate, stop typing retard.

>>24139898
>>24139892
try to convince yourself that you are right by insulting others, the reality is that insults only make your arguments even more discreditable
>lmao

>>24139789
How these retards on a board literally about economics don't understand what capitalism actually is, i'll never know

>>24139635
yeah taproot is a big game changer but how do you expect brainlets to understand it who don't even understand segwit or ln? and those are pretty simple in comparison. do you know how many drooling tard i argued with who said crap like "segwit tx is not signed" and "hash of a signature is not a signature" and crazy crap like that? they don't even get a very simple thing how a tx can be structured differently.

>>24139925
80% of this board are degenerate gamblers and 90% are complete poorfags with a net worth under $2k that's how.

>>24139789
PoW is capitalism (anybody can start mining and compete at any point of time)
PoS is oligarchy (vitalik premine 72% out of thin air and then he modify the system at runtime to get an even bigger cut by abusing staking mechanism)

>>24139618
Bitcoin is so slow and cumbersome that it has to use an off chain third party token created by a corporation to speed up transactions

>>24140615
>it has to use an off chain third party token created by a corporation to speed up transactions
not really. you will learn eventually but you will be priced out completely by then.

>>24139588
dude

>>24139693
rppletards actually see what the maxis refuse to though, so you're wrong. XRP holders don't refer to everything else as shitcoins.

>>24140653
>POW
>2020
Ari wants his meme back

>>24140706
pow is still the best for a main chain.
so long you have trustless exit to a pow chain (which is secure and not some laughable shitcoin any one can 51) you can experiment with other forms of governance on sidechains.

>>24140731
Seems like you never worked with dlt and are just spewing the usual marketing scripts. Pow chains are clunky and pointless outside of pocs, because the moment you make em faster you make em less secure.
>ib4 POS
PoS is shit too, PoA on the other hand would make sense for a dlt that is not just a poc for tech nerds

>>24140779
which is why you only need 1 pow chain but that's critically important to act as a root anchor.

>>24139836
>>24139871
Calm down english teachers

>>24140779
>PoA on the other hand would make sense
hehehehe okay forget everything that crypto was made to combat and start playing trustful games again. okay. do your thing man i'm all in btc.

>>24140842
>Monopolistic decentralization
lmao. Not sure who is more pathetic unijeets or cornmaxis

>>24140872
it's pretty simple tho too bad you just don't get it.
bitcoin is the only ledger in existence that is truly trustless permissionless and secure also publicly auditable.

anything can be merge mined with or tethered to bitcoin benefiting from the security of bitcoin. and you can make sidechains with taproot smartcontracts that allow for unilateral trustless exit if the sidechains governance turns on you making it absolutely not profitable to try scam you.

the sidechains also would partition burden and could have very different capabilities from bitcoin. an entire ecosystem could thrive like that.

but a standalone pos/poa chain is crap and i would never touch it same goes for a minority hash pow shitcoin.

>>24139588
>Web 2.0 solution complaining about scalability
>2014 coin calling out a 2009 coin by founder

Charles: Durrrrrrrr

>>24139857
Honestly I think maxis fall into one general category:
those who invested heavily into BTC and want to "protect their investment" by fudding alts, since they see alts as an existential threat to BTC. It's literally no different than Peter Schiff shitting on BTC because he's a gold merchant and wants people buying his product rather than an alternative.

>>24139657
Just because you put commas where you need to take a breath, doesn't mean they go there.
Fatass.

>>24140941
You don't get it. If the blockchain itself is weak, it's technology will become outdated. Quantum will affect crypto. We need on chain solutions instead of just a bevy of layer 2 solutions, bruh. A broken ecosystem simply can't be fixed by endless side chains.

Bitcoin is just a ponzi, but its philosophical basis laid out the groundwork for legitimate concepts and smart contract platforms with more genuine value that will legitimately change the world.

>>24139701
I think that's supposed to be the joke.

>>24141062
nah, nothing would stop me from diversifying into alts they are at a low historically if i believed or trusted in them the slightest.

it's the risk/reward ratio i don't like about alts. they are easily displaced by a new hottest shilled shitcoin they have no staying endurance no network effect outside of 500 pajeets.

alts are scams that try to print money out if thin air and devs are literally after your btc. even if you make money on them you know the vast majority loses you just got lucky.

>>24140045
>PoW is capitalism (anybody can start mining and compete at any point of time)
yeah anybody with a gazillion dollars
stfu bootlicker

>>24139588
>scalability
>eth
kek at the lack of self awareness

>>24141094
>Quantum will affect crypto
like i said taproot got you covered.
>We need on chain solutions instead of just a bevy of layer 2 solutions
i couldn't disagree more.
>A broken ecosystem simply can't be fixed by endless side chains.
it's not fixing it's extending capability while compartmentalizing global burden.

>>24141132
Everyone just got "lucky." Including Bitcoin holders.

Investments are always speculative in nature. We can speculate endlessly, but if anyone had absolute knowledge of a market -- they would have absolute wealth. We can judge based on the usage of tech, the current price, and the future of the the technology and have discussions about the nature of what will be useful in the future and make educated guesses. We can use knowledge to predict trends and have an understanding of what the future will be like. Or we can be bitcoin/chainlink maxies and post pepes with dollar signs all day and never discuss a single white paper or the actual merits of the technology at play and how it will shape the world.

>>24141094
it's funny we (people who actually understood bitcoin) knew in 2012 that linear scaling will never work. and that bitcoin is a horrible payment system on-chain for irl purchases. it still beats international wires but that could change if the banks got their shit together.

we knew back in 2012 and 2013 that exponential scaling is the only way to adoption. this was actually discussed to death. we also knew that the cash use case is retarded for valuation. again this was discussed to death.

as far as i'm concerned bitcoin is right on track. it's a slow progress i expected faster but the goalposts are rational and logical.

>>24141185
>Everyone just got "lucky."
it's not luck with bitcoin. it's as sure a bet as anyone can make on any market.
(and before you start sperging look at monthly close lows)

>>24141185
Just know what you're investing in. A lot of white papers are just endless promises of scalability or something without tech backing them. A new snake oil every week.

If you can't tell what's legitimate or not, and you don't spend the effort to learn, you're going to lose money to the new "paradigm shifting" technology. If you sit here and actually give a shit about how blockchains will change the world...

>>24141168
>We need on chain solutions instead of just a bevy of layer 2 solutions
i couldn't disagree more.

Well, that's the difference between a maxie and not. You come to this world thinking of everything in terms of "bitcoin." I come to this world thinking of everything in terms of everything. It's a philosophical and ontological debate about the nature of the future of technology. I don't think there's an "answer" otherwise this debate wouldn't exist.

>>24141160
>yeah anybody with a gazillion dollars
are you retarded?
you just need a good asic and cheap electricity, you can even make more money than chinese miners by setting you rigs in kazakhstan since electricity is a lot cheaper, and if you consider btc is selling for 18k a pop every single miner is making shitload of money right now

>>24141246
If you bought bitcoin before 2017 -- you got lucky.

No one could have accurately predicted it would have went up in value 100x in a matter of months and that crypto would even be the space of conversation that it is today. If you suggested this, you would have been considered schizo. I remember the days of being mocked and told I was owning a ponzi for owning Bitcoin.

>>24141259
>18k
Check the price again, maxie.

>>24139588
samson mow is a cretin
>>24139693
>i dont care about vitalik but btc maxis are the most brainlet, unimaginative people in crypto.
this
I say this even as someone 95% in BTC myself. most maxis are utter mouth breathing trash

>>24141221
bitcoins already outpaced, look at ripple, algorand and even stellar - theyre hitting it where it hurts, theyre in bed with banks and major financial institutions and even worse for bitcoin and ethereum, they're faster, cheaper (electricity wise), actually scalable and play ball with the industry titans - who for better or worse, still have a stranglehold on the ecosystem of finance

I agree with you. A useful feature for traders should score profit in all phases of the market. We just have to get enough garanties and min risks, like on Dymmax (dymmax.com) platform

>>24141484
>theyre in bed with banks and major financial institutions
and that's exactly why my entire net worth is in BTC

>>24139588
>Vitalik saying this while ETH itself cannot scale natively.
>Vitalik who advocates for people to stick their coins into trustless L2's to scale ETH because phase 2 is 4 years away.
absolute fucking KEK... you can't make this shit up... priceless

>>24139588
>DUDE LITERALLY

>>24141484
This guy and the increase of XRP/nano threads lately, confirms it - this is 2017 all over again

samsung is nobody, why do you guys even care about these clowns

Notice Vitalik's use of BTC rather than "Bitcoin".

He is aware that the BTC protocol was fucked up on purpose
Here is some background on the issue for newbies:

“I consider BCH a legitimate contender for the Bitcoin name,” Buterin tweeted on Nov. 13, 2017. “I consider bitcoin's *failure* to raise block sizes to keep fees reasonable to be a large (non-consensual) change to the ‘original plan’, morally tantamount to a hard fork.”

Although one might possibly interpret this tweet as support for BCH, Buterin’s additional tweet on the same day clearly shows distinction.

“That said, *right now*, I think trying to claim ‘BCH = bitcoin’ is a bad idea, as it *is* a minority opinion in the ‘greater bitcoin community,’” he said in a follow-up tweet.

https://www.reddit.com/r/btc/comments/gw27mg/vitalik_buterin_on_bitcoin_cash/

>>24140045
>(anybody can start mining and compete at any point of time
that's a free market

capitalism involves markets, but they are not the same thing

>BITCOIN ISN'T A SLOW PIECE OF SHIT THAT HOLDS CRYPTO BACK! IT"S THE KING

>>24139657
Holy shit you're retarded.
>>24139800
No they most definitely do not. You're a classic case of the dunning-krüger effect.

>>24141294
>If you bought bitcoin before 2017 -- you got lucky.
no it was a calculated risk and i agonized months about how much exposure should i get when all things considered. luck had nothing to do with it. if i was lucky i would be a billionaire

>>24141484
rofl you must be new to this shit

>>24139588
Samsung Mong absolutely ratioed

>>24140045
>anybody can start mining and compete at any point of time

>>24139949
How old is LN? There is no way on earth corecucks, blockstreamcucks, or coinercuck will do anything that is remotely game changing. Bitcoin is not meant to do LN retarded shit.

>>24139618
im up a million you bragging faggot

>>24142975
>There is no way on earth
just read up on taproot! further reduces the on-chain burden of huge smart contracts, brings quantum resistance to bitcoin signatures and so on and so on.

will fundamentally change the lightning networks nature and this is the most important factor is multi-path taproot payment channels.
much less liquidity has to be locked up by the network much less number of channels can serve more throughput. and taproot allows for non-custodial shared liquidity pools. which means even big hubs can be somewhat decentralized in nature.

>>24142975
>LN retarded shit
it's called exponential scaling btw
stop the brainlet talk and educate yourself!

>>24139711
I like the first comma but the second one doesn’t work. You can always test a sentence by taking out the part inside the parenthesis, which in this case becomes
>"...because BTC, doesn’t have the scalability..."
(changing don’t to doesn’t bc singular ofc)
See? The parentheses already contains a pause anyway, so you don’t need a comma there. Or you could replace the parenthesis with two commas.

>>24143128
avax > ln
720M scarcity.
onchain scaling.
subnets.

>>24143105
>much less liquidity has to be locked up
if it needs lockup then its fucking shit.

>>24139588
based

>>24139588
Vitalik is pretty much wrong about everything

>>24140941
>bitcoin is the only ledger in existence that is truly trustless permissionless and secure also publicly auditable.

does ltc not have those same qualities? am i misunderstanding something?

>>24139711

I fucking love smoothbrain posting

>>24139588
This is the faggot who just a couple of months ago said we wont see another bullrun or x100 projects

>>24143128
The only scaling that will happen with BTC will come from PayPal

>>24139711
Dumbass

>>24139588
Based autist
>>24139618
Based retard

>Dude,
Jesus Christ, I'm holding 100's of thousands of dollars worth of shit literal mental teenagers are in control of. Also just lmao of autism-skeleton even bothering to bring up scalability.

>>24139618
Based
All in link and don't know what an oracle is

BTC maxis are the worst scum of the crypto space

>>24142975
>LN retarded shit.
exponential scaling is not retarded
you are retarded
anybody thinking that a tx from a pajeet in mumbai buying a karak tea with his 50$ smartphone should be immutable and stored forever by 100k+ full nodes is a retard

>>24139614
Money skelly is always right even if he's wrong

>>24145190
beautiful argumentation, demonstrates perfectly the genius that you are.

>>24145381
There isn’t 100k plus full nodes, retard

>>24145500
ok, whatever, 50k
https://luke.dashjr.org/programs/bitcoin/files/charts/historical.html

>>24139588
Is he implying shitcoins work? What do the limitations of BTC have to do with the fact that every altcoin that exists is objectively shit?

>>24145521
Wrong. There are less than 10k properly running full modes

>>24139711
and please cite me to the grammatical rule that inspired this intrepid comma placement, based retard

Is this supposed to be ironic? Shitcoin literally means erc20 token

>>24145899
samson cuck thinks Ethereum is a shitcoin

>>24139618
>I made 200k this year on crypto
You didn't make anything until you sell it all..

>>24139588
>sperg trash talks business simp
>haha maxis everywhere btfo

Why? How does twitter drama affect me as a maxi?

>>24145381
nice cope

>>24139711
either brilliant bait or a horrible dunning kruger

Bit..who? this is XRP so BTFO with your boomer coins from last decade