/biz/ - Business & Finance

Sup y'all, glad you could make it. It's been so nice having a reliable store of value that keeps itself mostly pegged to $30k USD, huh? It just works!
I don't know why I would want to have a savings account in USD making 5% APY when I can have this digital gold that is worth $30k USD.

So is this just a $30k stablecoin or what?
Seems like it's been between $28k and $32k forever now. Shall we just call it in the middle?

What made bitcoin take off like crazy in the late 2010s? In 2010 and 2015, nobody had heard of it. Then it just exploded?

>32
>still making 40k a year
>50k in bitcoin

I'm not going to make it, am I? I should have had over 100k in bitcoin by now but I fucked it up and lost it all in shitcoins and had to start over.

Should I sell all my stinky linkies for Bitcoin? It feels bad seeing Bitcoin go from 16k to 23k and Link stay at $7.

What are some technologies which are perceived to be absolutely worthless but in the perception of that specific industry's niche, they could change the world?

Fork, new features, wall Street, amazon fake.. all bullshit for last pump.

Bitcoin is shitcoin.

Back to 4000 in 2 week.

Buy vertcoin or stay poor.

Bow down to the king

Tell me locations where I can turn my Bitcoin into cash or a product/service.

It's well known that bitcoin is designed as a decentralized peer-to-peer (P2P) network. However, what's often lost in translation is the sheer amount of machinery that is needed to maintain this global infrastructure.

For example, in order to validate and relay transactions, bitcoin requires more than a network of miners processing transactions, it must broadcast messages across a network using 'nodes'. This is the first step in the transaction process that results in a block confirmation.

To function to its full potential, the bitcoin network must not only provide an avenue for transactions, but also remain secure. By using a number of randomly selected nodes, the network can reduce the problem of double spending – when a user attempts to spend the same digital token twice.

However, bitcoin doesn't just need nodes, it requires lots of fully functioning nodes – nodes that have the bitcoin core client on a machine instance with the complete block chain. The more nodes there are, the more secure the network is.

>206k unconfirmed transactions
Is this why the Bitcoin price is stagnating

Smart contracts are the real deal that will make cryptocurrencies great, amen. Experts say that feature is more important than the money part.