/biz/ — What went wrong?

>>62364917 (OP)
Don't make me go down memory lane

>>62364934
Apple logo on skateboard. That was peak 2017

And "Quantstamp verified". What happened to Quantstamp?
These were so many scammers and mf who are roaming around without any consequences, after having made millions

>>62364917 (OP)
I got banned from bat and promisego reddits for asking basic questions, they dodged a bullet for me, thanks leddit!

>>62365195
And i hope jager u nigger got burned hard

fuck this takes me back. think I even owned some of this turd at one point

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im hijacking this thread to post cryptos of yesteryear.
starting with new economy movement $xem

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next we have lisk $lisk
i think there were online games associated with it or something idk

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>>62365731
>>62365737
https://medium.com/helloiconworld/blockchain-interoperability-alliance-icon-x-aion-x-wanchain-8aeaafb3ebdd

>>62365758
>>62365737
>>62365731
Where are the criminals of these scams that ran away with millions?

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neo $neo
a layer one crypto for ethereum style gas token scamming. it went nowhere.

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waves $waves
it had a dex to allow direct token swaps. funded on kickstarter.

>>62365761
they rode off into the sunset with their winnings, leaving everyone else with heavy bags of dogshit.
truly the american dream.

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steem
$steem
it allowed users to post and curate content on some social media or video hosting site.

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reddcoin
$rdd
a proof of stake coin for allowing p2p payment or something. it consistently hovered around 1 sat but would occasionally go up a tiny bit and then immediately dump back to 1 sat.
very hard to lose money on something thats always worthless.

its funny to me that the coins in this thread are the coins that geriatric crypto niggers on twitter reminisce about.

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ark
$ark
it was a layer 1 for dapps or something

let me apologize for any inconsistencies or misrepresentation of the purpose of any of these shitcoins. i never really paid attention to them when they were actively being worked on so my explanations of what they did may be completely off base.
the only thing i know for certain about any of them is they're all trash.
i just want to take a trip back in time when the crypto market was full of vim and vigor.
it makes me feel young again.

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library coin
$lbry
it was designed to allow censorship free publishing of media like a decentralized youtube.
it remember they got sued by the sec for illegal security offerings, lost, and were shut down.

2017 is peak nostaligia, i could masturbate to this thread

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stratis
$strat or $strax
it had pretty slick marketing buzzwords about making business optimized apps.

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bitbean
$bitb
i just remember the cute mascot and how heavily it was shilled on /biz/ in 2017

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bytecoin
$bcn
i think it was a privacy coin like monero or zcash

I remember in early 2018 when shit was getting really hairy I decided to batten down the hatches and pare down my holdings to just a handful of "rock solid" alts to weather the bear market with. I think the list I settled on was XLM, REQ, OMG, VET, RLC, QSP, and LINK. That was my 2018 retarded idea of a blue chip portfolio. Those were different times, innocent times.

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nxt
$nxt
it was the first proof of stake coin

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siacoin
$sia
it was for decentralized cloud storage

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factom
$fct
it was for data storage and recordkeeping

well that may be the last one i post because the niggerfaggot 4chan system thinks im spam.
fuck this shithole.

>>62364917 (OP)
I want to go back

>>62365853
Too bad, I was enjoying your thread.

>>62365803
LBRY is extremely based and served an incredibly integral role in crypto's legal legitimacy. Torres cited the decision to qualify secondary sales of XRP as non-securities, John Deaton, the lawyer who filed an amicus brief on behalf of holders having represented in the LBRY case also also. What was done to the organization was a crime against decency but they fought the good fight and won a major MAJOR win for the whole broad technology which Helped Ripple win the war for it.

>>62365803
>>62365841
>>62365808
I traded these.
>>62365821
To be fair XLM (and XRP) never stopped with the scampumps though.

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syscoin

>>62366090
i reset my router. now i can post the logo and the name, but any ticker or description seems to get flagged as spam.
oh well, ill keep trying

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firstblood
this was for esports. you could use it on pubg, and that mobile call of duty game

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wings
it was a dao from 2017 that allowed users to predict the success of other crypto projects

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You now remember the vergen girl in a Just'd world.

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ardor
it was a layer one designed for its own layer 2 shitcoins

>>62364917 (OP)
i owned this. of course i didnt sell when it was peaked

i still have 1100 OMG

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bitconnect
it allowed users to trade bitcoin for bitconnect coins and collect a 10% return. it turned out to be a ponzi scheme where users were given back portions of the bitconnect coins they bought and invested.
it collapsed in 2018.

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digixdao
it was intended for the tokenization of real world assets

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dash
it's still around as a shuffling zombie
it was a dao forked from bitcoin with low transaction fees

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iota
designed for microtransactions for the internet of things and dapps
i still have no idea what the internet of things actually means

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digibyte
it was designed to be faster and cheaper than bitcoin for p2p transactions

link stole their digimarine meme which was way funnier when digibyte did it

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bitshares
it had a dex for trading stablecoins and other tokenized assets

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pivx
it was an open source crypto for anonymous transactions

for those who are wondering, I'm just going trough the coinmarketcap top 100 from june 2017. the top 3 back then were still btc, eth, and xrp but the rest of them looked a lot different.
the market back then was full of so much promise. now there's nothing but broken dreams and cynicism.

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bancor
all i remember about this one is the meme of the jewish lady escaping on a lifeboat to israel while the crypto titanic sunk in the background

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radium
it was for file signing and identity verification

>>62364917 (OP)
2018 rock year

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komodo
a fork of bitcoin
no idea what it was for

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decred
no clue

>>62366687
one of the OG proof of stake coins

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aragon
it was for smartcontracts on ethereum to manage daos

>>62366692
thanks. feel free to add explanations for any of the other shitcoins I've posted, or to post other shitcoins i haven't.

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qtum
it combined something about the utxo from bitcoin along with evm for smartcontracts

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>>62366566
Digibyte will have a glorious comeback.

>>62366708
I'm trying hard to remember one coin in particular but I can't even think of the details, I can only vaguely remember the logo

>>62366722
Send us a drawing.

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kyber
it had a dex aggregator to trade assets and find the best prices