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File: ProofOfResource.jpg (51KB, 480x480px) Image search: [Google]
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Can someone explain proof of resource to me?

I know it has to do with the SAFE network and coins like MaidSafe use it. I'm looking at possibly investing in MaidSafe but I'm hoping a kind anon can help me understand the concept behind it a little better.

T H O T S ?
17 posts and 4 images submitted.
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>>2228739
>>>https://safenetforum.org
>>
>>2228767
Yeah I know dipshit... I've read it...but can I get a quick run down or what? I'm not that tech savvy...
>>
>>2228739

It basically means you earn coins for providing your computer resources and bandwidth.

How much more simple do you need me to make it?

Basically, say someone wants to host dodgy shit and no server will accept it, they'll put it on MaidSafe instead.

There's very very little legit use for it. People buy servers for a reason.

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Ok /biz/ lets take a test right now

u have 1btc and see this chart, what do?
18 posts and 2 images submitted.
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i dont put money in that coin
>>
>>2228670
Stay away from a pumped coin thats about to be dumped. Never heard of it.
>>
>>2228670
It's going to dip, a dramatic rise like that is unsustainable people are going to want to take profits.

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Don't come to Coinbase in a few days.
17 posts and 2 images submitted.
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>>2228651
Don't come to biz in a few days
>>
Can we all stop using these fuckers, and move to more ethical and easer to use providers?
>>
>>2228663
Oh, right..

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>tfw you spent at least 10 000 hours playing videogames instead of learning actual skills
16 posts and 2 images submitted.
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>>2228348
Best time to start was 10,000 hours ago.
Second best time is right now
>>
>>2228348

if you life video games that much, why don't you make them anon?

provided you use your PC to game, you should be able to use your PC to make something, then publish it on steam, maybe it'll be a big hit.
>>
>>2228788
Playing them doesn't make you good at making them

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If I'm daytrading crypto, is my tax liability calculated at each trade on the exchange, or only when I cash out completely and wire the money back to my bank account?

>inb4 don't pay taxes
No.
14 posts and 1 images submitted.
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Don't sell for cash. Only other crypto until you want to cash out.
>>
>>2228195
If you're from the US: Apparently so.

If you're from anywhere else: Don't be ridiculous.
>>
up to the IRS, they will decide which to apply to your case depending on how fuckable you look. before you rule this out, this is likely the best method for gauging which regime youre going to fall under, because they themselves havent decided yet (and probably wont until they have another way of leveraging the same or better powers over crypto business). prepare to enter a cock-gargling shitstorm of taxes and "money laundering" and other clusterfuckery if you decide to report it as anything other than a hobby purchase that made no profit.

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how do you find out if someone is just shilling vs someone who actually believes and knows a coin is going up
15 posts and 4 images submitted.
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they try to sell you bitbean, DGB, and RDD
>>
these two things are often intertwined
>>
>>2228145
And mooncoin. IT'S CALLED MOON-COIN FOR FUCK SAKE

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Where can I buy a gun with bitcoin?
14 posts and 2 images submitted.
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prison
>>
The Armory .onion
>>
This is what your precious crypto is used for biz. Illicit substances, gambling, and weaponry.

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What countries do you not pay taxes from cashing out crypto?
19 posts and 3 images submitted.
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Dennark friend
>>
>>2228111
checked

denmark huh, sounds nice
>>
If I'm American I move to Denmark to cash out, will the long jewish arm of the US government still come for me?

DO WE SELL ETH OR HODL IS THIS A CRASH OR WHAT HOW FAR IS IT DROPPING I NEED ANSWERS /BIZ/
18 posts and 7 images submitted.
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China bout to dump imo
>>
>>2228066

How? They can't legally sell their shit for fiat right now
>>
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???
what crash?

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> you missed eth
> you missed dgb
> you missed XLM

if you're gonna miss XBY too then you really deserve to be poor. jump in before it's too late faggots
https://coinmarketcap.com/currencies/xtrabytes/
https://bitcointalk.org/index.php?topic=1864397.0
16 posts and 1 images submitted.
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+61%
https://coinmarketcap.com/currencies/xtrabytes/

JUMP IN FAGGOTS
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>>2227999
>>2229385
alrdy did x77 stop trying to drop your shit on newbies
>>
>>2227999
I don't have any real money in this, I have 400 XBY. I actually was just fucking with the diceroll gambling option on Yobit and turned it into 1800 XBY though. LOL.

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What should be my net worth before I acquire a wife like this
14 posts and 4 images submitted.
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>>2227944
0. you just need to be yourself.
>>
>>2227944

Why are women so beautifool in pictures and so ugly in real life ?
>>
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For acquiring a wife like that, your required net worth follows an inverse exponential relationship with how physically attractive you are.

>10/10
>Required net worth: $0

>7/10
>Required net worth: $80,000

>5/10
>Required net worth: $350,000

>2/10
>Required net worth: $20,000,000

>1/10
>Required net worth: $300,000,000

I don't always buy ETH but when I do I make sure it's right before a massive dump, so I can have another reason to kill myself.
12 posts and 5 images submitted.
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Sounds about right
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>>2227956
lel i forgot to edit the top word
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>>2227917
what makes you say it's going to dip? The China rumor? China is buying right now. It looks very strong

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will it crash?
11 posts and 2 images submitted.
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Doesnt matter, i'll be on the moon in a year
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>>2227234
once north Korea shoots off a couple nukes it will crash
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>>2227276
SELL SELL SELL

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Alright boyos, bought at $20

Red pill me on this meme
12 posts and 2 images submitted.
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>>2227128
but you already bought, what is there to redpill

you bought too late anyway, litecoin is useless
>>
>>2227128
There are rumours that tomorrow will be a huge day for LTC.
>>
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>tfw bought at $30

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ETH 200 $ Party Tonight !

https://www.youtube.com/watch?v=HSPxlhR60_o
15 posts and 7 images submitted.
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s-s-should we sell it before it dips again guys?
>>
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https://www.youtube.com/watch?v=psg5PUVemdE

Here's a gem from when I bought in.

I'm rich now.

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