0xbtc chads

When is our time 0xbtc bros?

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>G0d ID
>444 trips

Holy shit. I think this is a sign from Kek. We might actually make it boys.

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Legit in at least 1 full halving cycle length, and probably actually 2. So 4-8 years
PoW tokens on ETH will go berserk after 2.0, and this is indisputably the king of them.
It can completely mimic the SoV maxis love to throw around today. However, it is useless otherwise and it’ll take a while for the market to accept it. Like a long while. Ultimately this will be an equivalent to precious stones on the blockchain or NFTs almost. Pretty, cool, got some store or value (pegged to electricity costs), but it doesn’t secure the chain or do any governance so it’ll need some time.

probably never

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You're not being serious. If you can’t tell this was always a scam by THIS POINT you actually have a mental retardation. High IQs like myself knew it was a scam from the start and even some average IQs were able to interpret it due to the fact that it started on biz as an intentional way to scam Redditors via a coordinated PnD and only AFTER that happened did it all of a sudden become a “serious” project when a bunch of those morons were left holding the bags. By now if you still own this you are possibly one of the greatest fools in history.

it's fun to pull nonsense out of your butthole and act like it makes sense isn't it

How is a mineable token a scam? If anything, presales where 70% of the supply is locked for owners (think link) are the scams

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

0xBitcoin was a Zig Forums 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 99% 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 Zig Forums 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 Zig Forums 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 Zig Forums are made by these miner faggots where they coordinate Zig Forums shilling in their 0xBitcoin discord.

This project has a better chance of always being worthless than even worth $0.50
No one will really tell you the truth about this scam because so many ppl were suckered into buying it on Zig Forums
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 $0.03/0xBTC 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 REAL BITCOIN!!
>do not reply to 0xbtc shills

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this is now an official 0xbitcoin thread

Miners will stop mining 0xBTC when rewards are halved (income is halved). If there was demand for the token the price would rise but 99% of trading volume is fake.

Just leave behind the dead and find life through Freedom Reserve

tg Freedomreserve1

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On Mercatox but not on uniswap

Why does a store of value need to be on chain?

is toast still scamming people with this shit?

Maybe because the token was invented on Zig Forums to try to scam redditors except it never made its way off Zig Forums? What does it do, exactly? And please don’t say “it’s Bitcoin on ethereum” because it’s literally not that, and bitcoin on ethereum exists.

It couldn’t have been a scam to dump on biz because there was nothing to dump. It wasn’t premined or preminted. Just because biz absolute fucking brainlets bought the first ever 0xbtc tokens at an insane price and let it ride up and kept buying doesn’t mean this is a scam. It means that people here are absolute retards, which is not a surprise to anyone
It isn’t bitcoin on ethereum. It is an implementation of the original bitcoin protocol on ethereum. That’s just a fact, and I’m neither sugarcoating it nor bashing it with this
What’s the value? Literally the same meme as the bitcoin core Store of Value. Obviously, a huge part of why bitcoin is really valuable is because it secures the network through PoW and through additional electricity to the chain, it increases the security more, which increases the value, which gets more people to dump more electricity, which increases the security... etc
Obviously, this isn’t the case with 0xbtc as it left it’s security to ethereum. However, it is still a store of value of the electricity which went into creating it. Whether it is sold at that value’s price or not is a different story
Look, this is definitely not a sure bet but it isn’t a scam nor is it complicated. It is just the original, pristine bitcoin code on ethereum. If you really like the bitcoin sound money meme with supply cap etc. you’ll find the same value proposition here. Most maxis don’t even care (or know) about the whole PoW chain security with bitcoin. This is the same but on ethereum

It's not bitcoin code on ethereum, it just has the same token supply and is mineable and shares a similar name. It was likely created to dupe new investors on Reddit who didn't know any better, just like Bitcoin "Cash".

No, it is actually literally the same as implementing the bitcoin code. Maybe you didn’t know, but check the code on etherscan. The whole point was to make an homage to bitcoin’s original paper. It is not just the supply and the name.
Again, obviously it isn’t bitcoin because this is a token. Think of it more as a painting/gem/NFT/etc.

it's a token with the same supply pretending to be bitcoin. don't sugar coat it.

I am not sugarcoating it, I don’t know why you’re denying this. I don’t know why you’re disagreeing with the literal fact that it is a bitcoin implementation, but fine. At the very least you need to acknowledge that it is actually mineable, and is actually the very first token to ever be mineable. That was a significant achievement. Until this year, no other token could be “mined” instead of just minting
This is not sugar coating, this is a literal fact. How you know so little of this but talk so much is surprising

>it is actually literally the same as implementing the bitcoin code.
It actually literally isn’t

It actually literally is. See? I can do it too.
It is an implementation of bitcoin on ethereum. That’s a fact and there’s a million docs including the code on etherscan which is almost identical to the bitcoin code, sans the security stuff obviously

>It actually literally is
>sans the security stuff obviously

Yes? Did you read the thread at all or do you have an extra chromosome?
It is an implementation of the bitcoin protocol on ethereum but it is using the ethereum blockchain for security.

Listen toast you can post about the code until the cows come home but the reality is there is no reason for on chain store of value especially now that a certain platform is finalizing proof of reserve

Im totally fine with that argument. I personally don’t agree, I think SoV is a real thing especially with a token that is trying to piggyback on the whole bitcoin brand etc etc but I don’t know the future and this could go nowhere. I just don’t want it to be misrepresented as a scam because it isn’t.

Man I love this 0xBitcoin logic, "we wrote a contract so we don't have to do anything else to build an ecosystem or provide a use case other than mining for the sake of it". You realized that mining 0xBitcoin doesn't secure the blockchain right? It's just to distribute tokens. Those tokens can't be used for anything and have no utility and that is why the price dropped from 5usd to .06usd. I swear only sub 70iq people are left holding this shit.

Hardly a store of value.

>especially with a token that is trying to piggyback on the whole bitcoin brand
>I just don’t want it to be misrepresented as a scam
I mean c’mon man

You’re underestimating the use case of mining tokens and being able to bridge your mining power to other smart contracts, which is something only 0xbtc does. The eco system you mentioned is being built precisely around the mining use case. Just because you don’t like it doesn’t mean it isn’t a use case
Scam is being something other than what you’re saying you are. 0xbtc’s whole point is that it is bitcoin on ethereum, and it is just that. How is this a scam?

because it's not bitcoin on ethereum, wrapped bitcoin is

>God in ID
>444 kek trips

This special token is approaching 7100 hodlers. It's only going to get better for this hidden gem.