/biz/ - Business & Finance

>>9411774
Neither. The devs don't have enough funding to finish it.

>>9411774
>>9411792
This. Too many projects. This is like arts: it is not enough to be good: you need to be in the correct place at the exact time and be discovered by the proper people. Though you can still suck and succeed.

>>9411774
>he thinks it can't be both
You won't make it with that line of thinking, OP.

>>9411792
where on earth did you get this impression? they seem to be pretty damn committed

>>9411774
>>9411903
Scam for sure. The devs are saying they have to push back the deadline for releasing their code. Abandon it.

>>9411792
>>9411920
Is this some Grade A fud? I see you posting this in other threads on /biz/ as well via the archive. Where did you hear that they're delaying the coin? Everyone in the Slack channel says the coin is actually ahead of schedule and the devs are just finishing up testing.

Oh god..

>>9411994
Grade F FUD, mate. He's just pulling this shit straight out of his anus.

>>9412021
Yeah but his comments kill all DERO discussion instantly, which is the whole point of a FUD.

Funny how everyone conveniently ignores this >>9412015

>>9411774

>>9412230
What's there to notice? It's a PoW coin mate, without halving. It will mine smoothly over 8 years. There IS however a premine, that's what you should try to FUD about, if you want to have any impact. Or make us believe the coming code audit won't happen.

>>9411792
Every core project start always with 2-3 devs and once the Proof of concept / alpha is done, they start hiring others devs.

Its closed source lol, why would anyone trust this shitty fork when there are so many good Cryptonote forks...

>>9412763
They have a date set for releasing the code. Read the white paper draft, it's a promising project and it's definitely worth throwing a few bucks at

>>9412806
I would rather invest in something that actually has a working product and doesnt live off promises like BitTube, Haven or Solace.

>>9412354
If people paid attention to their Slack, they've been accepting résumés for dev positions for months now. I was there a few times when someone asked to join the dev team and were asked to submit it privately. The thing is that they want devs with 10+ years experience in blockchain tech since that's what all their current devs have.

>>9412819
Okay, now THIS is Grade F FUD right here. The post you replied to literally said they have a set date for releasing the code, and you're still whining about them releasing the code.

It's gotta be trolling at this point.

https://www.urbandictionary.com/define.php?term=Dero

“Also spelt Derro, is a term for an extremely lower class no hoper. Especially those into underage smoking, wearing DADA or Adidas, Listens to Eminem and a stoner. “

Lol what a fitting name.

>>9412921

it's a military slang : Date Expected of Return Oversea.

>>9412921
The name is the absolute last thing you should have concerns in a project...

>>9412975
Nah that doesn’t make sense, my urban dictionary is much more fitting

>>9413004
That's how pathetic the FUD for this blockchain is.

>>9412148
go back to your reddit normieholes faggot

>>9414062
Nice sage post a half an hour after the last reply numbnut

bump

The amount of FUD on this is pointing to moonshot.

I don't know why people are so bent on FUDing this coin
I mean, for ONCE there is a project where the devs are ahead of schedule,
with no fucking ICO, which actually means THEY NEED THE PROJECT TO MOON IN ORDER TO MAKE MONEY FROM IT
with a history of actually RELEASING shit on TIME and staying in touch at ALL TIMES (instead of just GOING AWOL)

The fact that they are not releasing the source code on a day-to-day basis is because they are looking to license it
and copyright it to prevent the plague of the 277192 shit codeforks (think masari, sumo, etc., who fork only to make the devs rich)
the code will be released for auditing, improving, but NOT for forking

s t a y p o o r

LMAO, the FUD is just unreal
must be fucktards who are waiting on Sergey to give any sign of life
(other than having his face shopped on group photos)
so they can break even on LINK, sell their bags
and start their DERO accumulation phase

>>9412819
> Haven
> Working product
pick one, you absolute retard

Seems interesting but the premine is excessive and the whitepaper is written by mongoloids. It will probably pump but there are other coins that will pump too. Eh

>>9415673
10% isn't that excessive. There are other ICO projects which the devs holds much bigger amounts, and they succeed. Even ETH has 17% of total supply held by the team. I would complaint if they held 20% or more. The whitepaper is just a simple draft, the technical one will be released next month.

>>9415673

>> Total premine 2 million DERO
>> First 1 million locked for 4 years.
>> Second 0.5 million reserved for various activities. Unlocked at 10%, 20%, 30%, 40% respectively in years 1-4.
>> Third 0.5 million for development. Unlocked at 20%, 20%, 30%, 30% respectively in years 1-4.

excessive ?
there is no ICO scam,
and that the premine will only be valuable if DERO actually succeeds
how the fuck is that excessive ? 2M / 18,4M total
consider all the ICO vaporware out there, and come back

This coin is one of those ANONIMOUS coins
The government is going to ban anonimous coins because of how dangerous they are. It's why bitcoin and ethereum are going to be good, they pass all the regulatory requirements.
No one wants to FOMO into your ILLEGAL coin.

>>9416517
Weak FUD. Try harder.

Closed source projects are a huge red flag. I don't really need to elaborate on this any further. I don't care that they have a code release day set. The fact that their coin is being traded publicly and the source code is closed is bullshit. Also, a 10% pre-mine is egregious, don't care if it's locked for a period of time.

tl;dr this project is bullshit.

>>9416633
Very weak FUD. Many successful projects have bigger quantities of coins held by the team behind it, even Ethereum (17%). Good exchanges and hiring team members have big costs. And compared with some token projects in top 50 which have not even mainnet, that premine is ridiculous to have big concerns. And that code arguments makes no sense.

>>9416746
I could forgive the premine if the code was open source. There is no reason to have a closed source cryptonote project in 2018. They have something to hide or they aren't confident in the project.
>They're still working on making sure it's perfect before releasing the source code.
Nope, fuck off. Then keep your project under wraps until it is ready to be held up to actual scrutiny. There is absolutely zero way to valuate a cryptocurrency unless its code can hold up to strict academic scrutiny. There is a reason why none of the top projects are closed source.

Not a scam but not relevant, don’t bother with anything out of the top 300 coins.

Dero rank: 652

>>9416558
fuck you if you like scams then why don't you also go invest in pinkdate (or should i say scamdate)

>>9416633
screenshotted & saved
retard.jpg will be pasted on your reply and saved as a new jpg, still named retard.jpg
you'll become a meme, anon.
are you happy ?

>>9416830
also, the code will be released as open source but licensed against forking
ready to be audited, improved, etc
KYS now

>>9417099
You're just a brainlet pajeet. Get out of there.

>>9417008
>"don’t bother with anything out of the top 300 coins"
OMFG! That was the most ridiculous thing I've read here. Holy shit, you will NEVER make it.

You two in the related pic (specially the guy of the second reply)

>>9417214
>Will
Fuck off with your promises
When It goes open source i might consider taking a look at It
Until then, it's a pass

>>9417353
that's why you
s t a y p o o r

Have you seen how the Dev calls himself Captain and talks about creating 'chapters' in each country? Thats exactly how Bikergangs are organized, I think the project has connections to the Hells Angels

>>9417480
some books are organized in chapters as well

>>9417223
The whitepaper is uninspiring and I don’t see it moving anywhere.

Also the circulating/total supply is terrifying.

bump

Is it just me, or is the FUD becoming so ridiculously stale that the FUDDERS are actually looping around now?

What?

>>9417963
so bringing SmartContracts to Cryptonote is uninspiring ?
rewriting Cryptonote in golang and improving it so radically that you feel the need for a new protocol name,
uninspiring ?

circulating / supply... well you're just an idiot, what can I say ?

>>9417963
>The whitepaper is uninspiring and I don’t see it moving anywhere
It's a draft, I've told. The technical one will be released.

>Also the circulating/total supply is terrifying.
Are you kidding? The mainnet is recent, since late 2017. The emission curve is the same of Monero and other CryptoNote coins (high emission rate in the first months, and decreasing). The supply will rise a lot, and will not take so much time.

bump

>>9418083
>Are you kidding? The mainnet is recent, since late 2017. The emission curve is the same of Monero and other CryptoNote coins (high emission rate in the first months, and decreasing). The supply will rise a lot, and will not take so much time.

I was referring to the Market Cap

>>9418566
...what?

>unrealistic specs
>secret devs
>secret code

If you have been more than 5 minutes into crypto you would know that the devs will exit scam and dump on you

>>9419657
I really think Pajeets are behind the dero shilling, they coordinate to shill/fud in other threads all the time.

Avoid this Project IMO

>>9411774
It's a "privacy coin" that uses the (((google))) programming language. Because (((google))) cares about privacy above anything else, right guys?

>>9415584
>>9418061
>Privacy coin brought to you by: (((GOOGLE)))
Why are you acting like golang is a good thing?

>>9416633
Closed source AND golang? Hope nobody is using this for actual privacy.

>>9419963
>just another gay communist site reliability engineer
>proudly bipolar
>trans and queer as fuck

>>9419657
>unrealistic specs
Except that it's not

>secret devs
One of the devs has to give his name to copyright the technology.

>secret code
How the hell are they going to release the code WHEN THEY'RE NOT DONE WITH IT YET? Once Dero Atlantis is finished, it'll be audited and then released to the public for anyone to evaluate.

This FUD is absolutely horrible. Faggots are literally waiting until Page 10 and saging the thread so it doesn't bump just so they get the last word in.

Pathetic.

>>9419963
Jesus, all the faggots at Google are going to genocide us one day. It's not my fault I wasn't born gay

>>9420086
>Faggots are literally waiting until Page 10
he doesn't use the Catalog, wants us to invest in his CMC rank 653 shitcoin...

>3seconds blocktime
>realistic
Pick one. This will never be launched. They are just buying time to DUMP as much as they can

>>9420134
>Jesus christ it gets better, from the half assed whitepaper...

"Max supply: 18.4 million for first 8 years, Infinite ~157,000 DERO/year"


Hahahahahaha

>buying a coin with infinite supply
Holy shit

>>9420213
I'm waiting for shills to spin this as a positive.

>>9420213
It's to prevent lost of coins if someone die and wallet key is lost.

> muh (((google)))

Golang was invented by Ken Thompson (old hacker who invented C for AT&T Bells Labs too)

Golang is languga C for modern arch, deal with it.

> /biz/

See you on Binance.

>>9420554
WTF I thought this was a OCN thread.

>>9420554
>It's to prevent lost of coins if someone die and wallet key is lost.

>prevent lost of coins
>If someone die

see >>9420279

Solid gold Pajeet work...

>>9420710

> muh infinite supply
> muh pajeet work

Next time you should read CryptoNote Protocol WhitePaper. faggot.

>>9411814
This. Almost every coin is both. STOP BELIEVING IN PROJECTS

>>9416633

> muh closed source

What did you expect ? Atlantis isn't out yet. Why do you want the source code of an unfinished project ?

>>9420943
>Next time you should read CryptoNote Protocol WhitePaper. faggot.
Oh sorry yes, absolutely should have read the whitepaper of another project to understand the Dero whitepaper.

Still an infinite supply!!

>>9421196

> See

Maybe is the word DRAFT is too complicated for you ?

>>9412850
redditor - gtfo faggot

>>9412921
fucking reddit cunt

>itt fuders desperate to get price down to where it was when they first ignored /biz/ shilling it

>>9421729
Solid Project when your WP is just links to other peoples work.

Also half the WP just cut & paste explanations of Blockchain, DLT & Smart contracts

>LOL HARD PASS

>>9421967
Pls point to when "/biz/" started shilling it

>>9422053
before cmc retard

>>9422053

> muh shitty exchange
> muh premine
> muh SC impossible on cryptonote

When it was around $0.20 Late Feb/March

>>9422078
>>9422113
I've had shits with more volume than your two bit token.

It's dead in the water fellas...

>>9422209
it won't go down mate, just give up

>>9412829
10 years of blockchain dev experience? So Hal Finney and Satoshi? Fuck these cunts. It's a scam, the private ledger doesn't allow you to see the dev's bags that they are dumping on you

>>9422222
Exactly that's what 'dead in the water' means.

>>9422249

Wrong they already published the View Key, to see if the premine is still there or not.

>>9417118
>>9417214
The only person who needs to kys themselves is you, Eurofaggot. Closed source is cancer. They have something to hide or the code is SHIT and they know it.

>>9421007
>Why do you want the source code of an unfinished project?
Why are you fucks shilling an unfinished project? lmao. Can't have it both ways. If it stands up to scrutiny maybe it's worth investing in, until then it's just another speculative shitcoin, maybe even with broken code. Mcfucking end yourselves.

>>9422222

Checked, quintuple of true

>>9422376

> muh russian looser drop college
> muh pajeet code
> muh 17% premine

Wanna miss it again /biz/ ?

>>9422540
>deluded Linkie spotted

3secs Blocktime is not possible for various reasons. Enjoy your bags fags

>>9423098

I'm in before 3sec block was announced, I don't even care about it. Only cool think is Private Smart Contract.

Just Private Smart Contract on chain is enough huge to moon around $200

>>9423098
the devs have been working on blockchain tech for 10 years.
enjoy being poor, fag.
screenshotted & archived.

>>9423582
>the devs have been working on blockchain tech for 10 years.
So they've been working together even before the Bitcoin Genesis block was mined? Interesting.

>>9423648
yep. they're already filthy rich from BTC. that's why they don't need ICO and still pay their employees in USD.
you'll be left behind.

>>9411774
you do know it can be both, look at XRP last year! or even BCC, the real BCC

>>9423689
The real BCC, Bitconnect? Yeah this does have a lot in common with Bitconnect.

>>9423648

Are you aware the Bitcoin tech was discussed since 90's ?

>>9411774
sorry OP, evidence seems to be pointing at scam, you can buy a small amount just in case.

>>9423719
how can this even be a profitable scam ? remember, no ICO, only a premine unlocked later.
Atlantis will be released within the next weeks (1-2 weeks). Everything is on schedule.
Why would they lie ? If they lie, their premine is worth absolute shit, instantly.
Think about it for a sec, tardlet.

>>9423947
They are selling since weeks. Thats why 'Atlantis' will be postponed again and again

>>9424206
There is absolutely no point for you to write that unless your motive is to FUD the price down so you can buy cheap. If your motive was to help people from getting scammed, you would provide proof or at least reasoning.

>>9423947
I don't think it's a scam but keep in mind the dev's are mining with asics and rip off the others miners kinda, also they won't fix the asic shit

>>9411774
crypto rule number one newfag: shit logo = shit coin. absolutely no exceptions ever

>>9424361
there are tons of useless ASICs out there remember
DERO is one of the last coin on the previous CN algo...