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Never realized how many brainlets are on /biz/ until the 0x ICO

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Thread replies: 37
Thread images: 3

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Never realized how many brainlets are on /biz/ until the 0x ICO today

>Can't figure out EtherDelta
>Doesn't know what a smart contract is
>Doesn't know how a decentralized exchange operates
>Doesn't know what transaction fees or gas are
>Doesn't understand what an ERC20 token is
>Can't find keys to import into MetaMask
>Doesn't know how to add a token listing to wallet

Stop throwing your money at things you clearly don't understand on a basic level.
>>
well to be fair all of this is too fucking complicated even for autists, and that's why ETH is failing.
>>
>>3081704
This.
>>
> I need to understand how a car works to the lowest deepest level before selling and buying cars
>>
>>3081775
well, yeah you probably should
>>
>>3081775
this is the basic level op is talking about...
>>
which does not change the fact that the 0x code is incomplete
>>
>>3081872
How is it incomplete? The DAO?
>>
how do I sell 0x?
>>
>>3081872
There's legitimate objections to 0x but the code isn't "incomplete", they released the fucking protocol today. It works. You are literally just quoting a fucking Forbes article that 0x devs already responded to
>>
>>3081894
Ether delta or through the 0x protocol

.. I don't know why you wouldn't wait until binance and maybe even ethfinex but ok anon you don't deserve your trip to the moon anyway get off my fucking rocket ship normie
>>
>>3081775
>> I need to understand how a car works to the lowest deepest level before selling and buying cars

>learning how to drive a car is the same as learning how to make one

idiot
>>
>>3081775
>Doesn't know how to add a token listing to wallet
this
>>
>>3081917
They released the protocol like 3 days ago actually*** I didn't use it until today
>>
>>3081917
>>3081946
>>3081993
Don't tell them. A fool and his money... They purposeful 'fud' so you can explain it to them.
>>
>>3081946
kek I will take my gains this shit is going into the gutter
>>
>>3081704
The problem is this exchange is frozen as fuck and no orders are going through right now
>>
>>3081917
>>3081872
>>3081993
>>3082024

The issue the article took with was how the team hasn't done any explanation whatsoever of how the governance system would work -- i.e. the thing that really gives the tokens value.

So, yes and no. The stuff that they have released is complete (in that it is working code). But (like any other project) it has not implemented every feature the devs could want.

Having said that, the governance thing is pretty fucking key. For a decentralized exchange to work it would need some system for how the exchange would be governed. This can't just be a group of people (then it wouldn't be decentralized). So, instead people with a higher stake in the exchange (people who bought lots of coins) can basically vote on what updates happen to the exchange. How this will work, has not been described by the devs from what I understand.
>>
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alright since we've gotten most of the silly questions out of the way, i might as well ask one

how i do i send my zrx tokens from metamask to etherdelta? its telling me that the token list is temporarily down on metamask, and the "send" function isnt giving me an option to change the type of coin i want to send
>>
>>3082215
Man, I'm so glad people cant into things.

I'm sitting on the exchange buying every order below top bid.

>75% of you mongs wont know what I'm talking about

>Another 15% wont know what I mean by below the top bid

>Another 5% won't know how I'm able to snag any of these orders

>The last 4% that understands what I'm getting at will be too lazy.
>>
>>3082294
t-thanks for helping me out dude, really appreciated
>>
>>3082294
and yes i know what you're talking about, etherdelta can have negative spreads
>>
>>3082314
Ok, I'm sorry.

I'll help you.

Firstly, stop trying to use metamask. I don't know why people are over complicating that shit.

Go to etherdelta. Once it loads, click pic related.

You'll see something you can click >etherscan address. Click that.

Once the new page opens, look near the top left for >address. Copy that address.

Send a tiny amount of eth to that address to test it.

I'll hang out a bit on this thread. Post when you've done all that and I'll tell you what to do next.
>>
>>3082294
i was trying to do the same shit anon but the exchange is lagging so bad that it errors on every buy/sell i attempt lol
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>>3082397
yep, got it. didnt even realise there was an option to do that

thanks my dude, appreciated
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>>3082422
Oh fugg, I just realized you're trying to send **ZRX** to ethdelta.

I'm not sure you can send zrx to an eth address. I think erc20 tokens work that way, but I'm not sure.

I would still try it with a really small amount if I were you. But fyi, you'll need to send a bit of eth to that wallet in order to trade -- every action on the exchange costs gas
>>
Its currently selling at 86 mil market cap. How can anyone justify this being any higher?
>>
>>3082154
The article took a lot of issues and most of them were either completely obvious and already addressed in more recent developer talks or complete bullshit from """Cornell researchers"" that barely read the whitepaper. The devs already addressed everything. The timing on the article was clearly to kick dirt, this is all shit they could've said months ago but did it hours before the fucking ICO launch. The fact that the 0x protocol is already out and working as intended, and that there's many projects already planned to build on top of it should be telling.

Having a viable system already in place for decentralized governance before the ICO even launches is retarded and impossible
>>
>>3082471
wat. are you new to icos? there's plenty of icos that have no working product with multiples of that market cap
>>
>>3082465
yeah ive used etherdelta before, the gas fees are a pain in the ass

my zrx showed up in the wallet when i changed over to the metamask address on etherdelta so it should be working fine. ive sent an erc20 token to my etherdelta address before. thanks for your help again
>>
>>3082397
>I'll hang out a bit on this thread. Post when you've done all that and I'll tell you what to do next.

What do you do next I am confused. Please explain how I send it.
>>
>>3082154
This does not solve anything... Now you have a group of people with the highest coins who decide and have little reason to sell. Wtf?
>>
>>3082294
>>The last 4% that understands what I'm getting at will be too lazy.
Yeah this one is me
i don't feel like like dealing with or watching etherdelta
but you do you man
>>
>>3082544
it's not like whales deciding when a token tanks or not, it's like people invested in something making the best decision for the value of their investment
>>
>>3081704

>Make it excessively overcomplicated to buy something and get mad when normies can't figure it out.

...and y'all think cryptos are going to be the defacto currency of the planet. topkek.
>>
So when you buy/sell you need to send gas too. But my gas TX take forever to process and i get 'bad jump destination' soo..
>>
>>3082695
seriously guys all my buy/sells fail due to bad jump destination. Wasting money trying to trade here because i don't get the gas fee back. How do i fix this? I have 0.1 eth in the etherdelta wallet so theres plenty for gas!
Thread posts: 37
Thread images: 3


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