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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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9571164 No.9571164 [Reply] [Original]

WHY IS THIS SHITCOIN PUMPING!?

>> No.9571211

added to binance

>> No.9571246
File: 106 KB, 445x614, zennie.png [View same] [iqdb] [saucenao] [google]
9571246

I feel so good now, Was just shilling this yesterday and every other payout week since late march. VINDICATED and COMFY.

>>9554771

>> No.9571249

Lol, shitcoin. This is the top privacy platform and if you don't have enough for a supernode you're not going to make it. Now that it's on Binance it should rocket to top-50 with ease. I only wish I'd accumulated more.

>> No.9571277

>>9571164
>shitcoin
>the absolute state

>> No.9571284

>>9571277

Far from, probably the most legit project that is not in the top 50 yet.

>> No.9571361

Been waiting for this binance listing for a while, but had not doubt that the team would pull it off.

>> No.9571372

>>9571249

How much for supernode?

>> No.9571375
File: 600 KB, 800x777, 1526695756626.png [View same] [iqdb] [saucenao] [google]
9571375

>>9571164
FUUUUUUCK I THOUGHT I HAD TIME TO ACCUMULATE NOOOOOOOOOOOO

>> No.9571374

>>9571372
500

>> No.9571386

>>9571246
How many nodes to get that kind of pay?

>> No.9571389

>>9571164
I have enough for a secure node. Am I brainlet for not going to the effort to set one up?

>> No.9571392

>>9571375
Me too I wanted to accumulate my 2nd super node, fuck I guess I will be happy with only 1

>> No.9571406

>>9571375
I'm at 450 WTF WTF WTF WTF

Guess I'll buy graft instead FUCK

>> No.9571414

>>9571386

I got 35 secure nodes
3 Super nodes in total.

>> No.9571424

>>9571386
This anon has 35 secure nodes (so 1470 ZEN)

>> No.9571432

>>9571406
MAKE IT GO DOWN MOMMY

>> No.9571447
File: 89 KB, 265x265, teeka-circle.png [View same] [iqdb] [saucenao] [google]
9571447

Why didnt you listen?

>> No.9571455

>>9571246
What am I looking at here?

>> No.9571460

>>9571424
>>9571414
You lucky fucks dump 50 to me. I running secure nodes too. Bought since October. I NEED THIS

>> No.9571480

>>9571374

Shit I've only got half that. Thought secure nodes were going to be the be all and end all of the zen architecture. Do you know if there will be hosting services? Does zen have wallet encryption yet?

>> No.9571501

>>9571455

Weekly secure node payouts, Check the cross thread from yesterday, I always shill Zen after I receive my payouts.

>>9554771

> https://securenodes.na.zensystem.io

>> No.9571507

Anyone here know how many X did verge or raiblocks did after getting listed to binance?

>> No.9571510
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9571510

>>9571414
Nice congrats! I won't be as lucky as you since I just checked the price lolz

>> No.9571521

>>9571480
You can still set up 6 secure nodes. When the hard fork happens, the rewards pool of secure nodes and super nodes will both be 10%, so there will be some balance between how many are on either for max profit.

Yes, there are already hosting services, check the otc channel in the discord. And yeah, you can encrypt wallets with a password, at least with the light wallet as far as I know.

>> No.9571561

>>9571501
>>9571246

There's no way that's from 35 nodes. The calculator has it at about .7-.8 Zen a day from that many nodes. I've had enough to make that amount, but couldn't be assed to set up 35+ nodes. Waiting on super nodes.

>> No.9571579
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9571579

>>9571246
When are supernodes coming out? Do I keep the zen in Arizen or do I have to command line keep coins on the nodes wallet? Sorry for noob questions I could probably find in official documentation instead of asking strangers on a canadian yak shaving forum.

>> No.9571625
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9571625

Easy 2x once it starts trading, better hurry

>> No.9571633
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9571633

>>9571561

It's from 35 nodes. You probably have the wrong calculator. Right now a single node provides 0.0223 ZEN/day. On the 1-July fork that will be around 0.1 ZEN per node per day or more depending on the ratio of super nodes to nodes.

>>9571579

Somewhere in Q4. But you can already start staking and get rewards from July-1. The payouts will happen in Q4 once supernodes do go live.

>> No.9571679

>>9571633
How will the supply not just inflate endlessly and stifle the price? This seems like something that will only be profitable for a few months at most unless I’m missing something.

>> No.9571692

>>9571633
Right, and that payoutx35 is 0.7805. But didn't realize they paid out weekly/biweekly, read that screenshot as you pulling in those values 24/7.

>> No.9571711
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9571711

Fucking /biz...

>> No.9571726
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9571726

>>9571679

They are only shuffling around the payouts, miners will get less while nodes get about 2.8x at the every least.
Would say that node holders would have a little more incentive to keep the payouts than miners who dump them on the open market.
There will be some sort of equilibrium where all combined reward payout meet the market demand and create a artificial price ceiling, but we aren't there yet.
ZenCash also looking to add other features to the network other than nodes to make people lock up Zen (for example P2P lending like ETHLend or Credit lending like MakerDAO)

>>9571692

Right now the payout tracker is centralized (12 servers I believe), so they have to compromise on efficiency a bit.
Payment tracker will move to super nodes in July, so then they will come in as minining rewards as soon the block is mined.

>> No.9571776
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9571776

>only have 6.25 ZEN
Can I at least buy rope with my zencash, bros?

>> No.9571827

>>9571776
Sell it on binance and you'll 2x shortly, so don't complain.

>> No.9571835

>>9571827
but i'm horrible at timing the tops for these kinds of pumps
I botched mine on the RLC pump recently :(

>> No.9571859
File: 133 KB, 1440x2560, Screenshot_20180511-033624.png [View same] [iqdb] [saucenao] [google]
9571859

>>9571835
Literally watch the chart, you'll have a few minutes to sell the top. Trust me, I've seen it before. This was augur a couple weeks ago when it listed. Get that shit over to binance dude. If I wasn't waging right now I'd be going all in for easy gains

>> No.9571880

I can't wait for the post-listing dip to scoop more up. Can't be bothered with shithole exchanges, but I've been mining for a few months. Great coin desu

>> No.9572023

>>9571859
I sent but how slow is the Zencash network usually?

>> No.9572050

>>9572023
>>9571859
oh fuck i just checked and it took 2 hours for the last 12 confirmations

>> No.9572089

>>9572050

Yeah unfortunately network is pretty slow at the moment, no excuse for that. Scaling r&d should add nano like speed through DAG but obviously that does not help at all right now.

>> No.9572164

>>9572050
It's worth a shot, even if you don't get the full 2x you can still sell it for a profit and buy back when it corrects. It still hasn't started yet

>> No.9572195

>>9572050
Not to mention the biggest mining pool is limiting each block to 32 transactions. The FOMO will be unreal.

>> No.9572232
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9572232

>>9572195

Yeah, this may be a little unreal because Bittrex also has a 150 conf. requirement.
And 15-20% of the coin supply is locked up in nodes. Binance announced when EU was sleeping.

This may go anywhere from x2 to x5 today because there aren't that much coins around right now.

>> No.9572236

>>9572195

And you need 12 confirmations on the binance wallet. GL I'm not fucking selling my super node bennies

>> No.9572328

>>9572164
>>9572195
lmfao I still have zero confirmations
confirmed shitcoin as it stands

>> No.9572406

>>9572232
Interesting, I'll be watching

>>9572328
Good luck lol, I hope you manage some profit

>> No.9572494

Listing postponed on binance lololol

>> No.9572558
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9572558

>>9572494
fucking kill me

>>9572406
thanks, my fellow /biz/raeli
still at 0 XDDDDDDDddd

>> No.9572608

>>9572558
Is thtere a place where I can check the status of the network

>> No.9572708

Binance is a fucking joke, thay are playing, pushing shitcoins.

>> No.9572709

Does this mean we're supposed to fomo over to bittrex and buy more zen now?

>> No.9572727

>>9572709
I would guess it has reached its peak. I would not risk to buy more now.

>> No.9572765

Cheap on tradesatoshi

>> No.9572843

>>9571164
thought hard about buying 42, but decided against it.
The only tech here is zk snarks. Why would it surpass zcash/ XMR? That wouldn't make sense.
If anyone has some insight on the tech please enlighten me.

>> No.9572877

Whitepepers and tech and innovation are bs in crypto. Is all about the money and wining or loosing I you think reading the whitepaper will give the lead you are wrong.

>> No.9572914
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9572914

>>9572843

> The only tech here is zk snarks.

Not true. They have incentive nodes. And are working on creating a governance and treasury system with IOHk.
(the same governance scene will later be implemented into Cardano)

Along with IOHK they are also researching SPECTRE/PHANTOM DAG scaling (nano like transactions).
Then there is also ZenPub, ZenHide and ZenChat - Incomming dApps and a DAO to handle the treasury.

From the ground up it is a platform which is using ZK-Snarks and building ontop of it.
Very fucking exiting project.

> https://zencash.com/iohk/
> https://iohk.io/research/library/#NSJ554WR
> https://www.youtube.com/watch?v=fGzhJkAnUmQ
> https://zencash.com/assets/files/Zen-Application-Platform-Whitepaper.pdf

It is a first mover in the privacy platform space. It differs from Monero and ZCash in that it is not just a currency anymore, neither "just' a platform.
ZenCash is an entire enterprise level eco-system if you want to hype it.

>> No.9572937

>>9572843
its zksnarks with muh masternodes. not sure how this one became the chosen one but you got voskcoin shilling it to miners on youtube, and the digital currency jew barry silbert shilling it to (((them))), and teeka pajeeta shilling it to boomers

>> No.9572999

>>9572937

Masternodes =/= incentive network computation nodes

Masternodes are an entirely different scheme in terms of use case and features compared to secure and super nodes.

>> No.9573048

>>9572843
Honestly zk snarks is the least interesting thing about Zencash. The percentage of hidden transactions is low, among all privacy coins. Monero is the best for this because it's mandatory privacy.

Neither Zcash nor Monero have a way for holders to gain passive income, Zencash does in the form of secure and super nodes. And with today's pump, it's currently at rank 87 with a market cap of only $180mm. The potential to go to one of the top 20 coins is high, taking into account all of the stuff >>9572914 stated.

>> No.9573049

how long until network stops shitting. Anybody gotten confirmations yet.

>> No.9573078

>>9573049

I had mine go through within a hour, got lucky with 0.10$ fee and was included in the third block and suddenly 6 more blocks appeared within 5 minutes.

>> No.9573182

how long are usually these delays before trading starts.

>> No.9573241
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9573241

>>9573182
as long as it takes for you to go to sleep

>> No.9573277

Anon this is another COLX pumping and dumping. Just wait it out and dont go into it. If you have been on 4chan the past week you can see that ZCash has been shilled here quite a lot. It will go the same road like COLX so i would just wait it out.

Dont get me wrong, interesting project but way fucking overvalued atm.

>> No.9573295
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9573295

>>9573241
This

>> No.9573316

>>9573277
I hate to say this because I hate that guy. But this is another Teeka long term coin. Two of his long term picks made top 10, ANS, XLM.

>> No.9573347

>>9573316
1st target is Zcash then Monero. When ppl start looking at this project they will get the long-term bet, and why is superior to the other privacy only coins.

>> No.9573353
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[ERROR]

>>9573316

It is also a Barry Silbert long term hold.
DCG (digital currency group), the fund which also bought all the auctioned Silkroad coins.

> https://www.coindesk.com/digital-currency-group-adds-zcash-offshoot-zencash-crypto-investment-list/

>> No.9573404
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9573404

>>9573353

> Wait a minute

Thanks Shillbert

>> No.9573418

>>9573353
DCG is the 'cartel' that people have been talking about.

>> No.9573714

>>9573418

Really? Isn't Bitmain "that" cartel?

>> No.9574329

>>9571164
Just another shitcoin getting added to binance. Nothing to see here.

>> No.9574362

>>9571164
Hint: it's not a shitcoin you fucking idiot. You had so long to accumulate the best privacy coin. GET FUCKED FAGS.

>> No.9574388

>>9574329
>>9573277
All that coping.

>> No.9574448

>>9574362
>no working product yet

>> No.9574967
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9574967

>>9574448

We are the stage of building a network through nodes and people get paid from PoW to hold and secure (SSL) network real estate. Once everything is rolled out this will be one of the most decentralized networks, along with a super cluster of nodes which you can require to run all kind of operations for an incentive. It is a use case being erected from the ground up. The network by itself alone already is a use case. Additional use cases will follow.

>> No.9575026

Reminder

Ark is connecting Zencash to ACES now. That means coin swaps & contract executions with ANY coin.

>> No.9575368

AND THIS SHITCOIN COMES CRASHING DOWN ONCE AGAIN. SUCK A DICK BAG HOLDERS.

>> No.9575401

>>9575368
people oversold, expect a correction coming soon. Also, they have yet to announce a new partnership so more good news is coming.

>> No.9575451

>>9575401

>Also, they have yet to announce a new partnership so more good news is coming.

Yep, some NDA's expiring before the fork were mentioned in the last bi-weekly stream also.

>> No.9575577

>>9575401
WHATEVER FAGGOT

>> No.9575748

YEEEEESSSSSS
Finally.

>> No.9575828
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9575828

OOOOOOOOO

>> No.9576079
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9576079

>>9571164
bcs of fukin pajeets, who aren't investing in real shit
something like HBT
Hubii Core (wallet + exchange) pretty much ready and about to be formally launched in a couple of days and they will announce this week their Ethereum offchain scaling protocol Striim

>> No.9576115

>>9576079
You are the pajeet, coming here to shill a shitcoin on shoulders of a legit coin.

>> No.9576657

I just hope it doesn't hit $100 before I reach 500. At 200 now.

>> No.9576672

S

>> No.9576801
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9576801

>>9576672
I can accumulate again... that was close