/biz/ - Business & Finance

>>12319171
Malinvestment is everywhere if you know what to look for: wasted energy and tons and tons of wasted space in the form of shit-tier residential and commercial real estate designed to soak up all the debt that has been injected into the system by the CCP since 2008.

Your projection of your insecurity regarding China's geopolitical power is embarrassing. Most people who understand China and are not completely retarded don't see China as a real long term threat to the Western paradigm because China has already been absorbed into the Western paradigm. In modernizing it lost much, though not all, of what made it China and its collectivist culture will forever put it in the position of catching up to whoever is at the forefront of the history of Western Civilization (which happens to be the US for the moment). Centrally planned economies always fail to out-compete free economies, anyway, so the US/UK/EU worrying about China supplanting them at a civilizational level is laughable at best.

>>12272034
Aren't you a little late to the thread, Chaim?

>>12270818
>Unknown to wallet to unknown wallet
People like you are the niggers of the crypto world

>>12212101
Fake and gay. Who the fuck lets their woman anywhere near their login session?
>>12212284
>Implying a normie woman would draw such an astute conclusion based entirely on a cryptically labelled folder full of memes
Anon, I...

>>12139363
In the same boat here. Like hell I'm going to buy a borderline hyperinflated "asset" from some actual braindead boomer right at the top of a bubble brought about by 10 years of unprecedented financial fuckery.
Good things will come to those who wait.

>>11962590
>Muh chart patterns
Imagine believing that you can predict the future based on past price movements, despite all empirical evidence to the contrary.
NOT ONE actual published study has shown the TA is anything other than bullshit. Might as well read tea leaves.

>>11712689
How is betting on SV the most "evident" bet? As of now it appears they are still the underdog.

>>11658267
Yeah, it's almost like one of the chains has a real community of supporters and the rest are just opportunistic scams. But of course that can't be right because that's not what my curated information sources told me!

>>11639236
Imagine having this little self-respect.

>>11635509
>Guy who did hard time as a political prisoner of the US government and supported bitcoin with his entire being in the early days when everyone said bitcoin was nothing more than "drug money, lol" exemplifies le happy merchant.
This is what low-information, low-IQ 2017 entrants to the crypto space actually believe.

>>11625882
>I don't have to back up my assertion because it's common knowledge, lol
Thanks for showing that you are either a third rate intellect or more likely just an intellectually dishonest BTC maximalist bagholder.
It is also funny how you talk about lack of live visa-level throughput being due to the impossibility of scaling rather than the true reason: there simply isn't demand for that many transactions yet. There will be though, eventually, and when there is SHA256 PoW will scale just fine on whatever chain doesn't impose a silly software-enforced limit on transaction throughput.
For any nubs here, I think it bears repeating: there is simply no a priori reason that PoW cannot scale and nobody would have taken such a silly claim seriously pre-2013 before normies started flooding in and lapping up blockstream FUD because that was what they read on /r/bitcoin and bitcointalk.org. The savviest crypto investors are laughing at morons like CQbzdjH7 all the way to the bank. ETH was the first crypto to really take off because of the hamstringing of the BTC chain and it will not be the last.

>>11597366
>>11597431
>>11597419
Notice how these idiots have no real argument against anything.
>MFW every bitcoin cash thread flooded with clueless haters who have no real arguments

>>11458194
>>11457988
>>11457883
Guarantee that none of these NPCs were here for the actual scaling debate.

>>11218291
Oh yes, that time when a few hundred coins were traded at 9000 USD on coinbase. They were definitely all bought by teh evil jihan.
You guys are so desperate it's hard not to enjoy the decline of the core narrative. You've lost and most of you don't even realize it yet. Personally I'm long coretard salt 10x as we get things ramped up into November.

>>9391887
Why no rainy day money? Even my cousin who wagecucks for peanuts has an emergency cushion.
Convince me you are not just suffering the fate of the grasshopper for being a lazy, indulgent cunt.

>>9341361
No u.
>>9341454
You do realize that equipment that is used to mine BCH can also mine BTC, right? Funny how so many people who spout lazy canned anti-BCH rhetoric seem to have such a poor grasp of how the whole ecosystem works.

>>9315196
If you believed with conviction that bitcoin had been taken over by hacks and idiots, you would do the same thing. The man is protecting his investment.
The fact that so many people get so absurdly butthurt about this very simple and straightforward state of affairs is honestly mindblowing.

Fork a linux distro and claim it is the best form of Linux = A OK

Fork the bitcoin ledger and claim that it is the best form of bitcoin = BURN THE HERETIC

Anyone with two braincells to rub together can see exactly what is going on here.

>>9268452
XMR got infected with the same technocrat, central planner-style cancer that plagues Bitcoin Core. The main dev Fluffypony is trying to micromanage the coin against its best interests just like the idiot core devs.

>>9202511
This is what late entrants into crypto actually believe.
Newflash, my softheaded friend: the crypto market is supposed to be brutal.
This is not your boomer parents' equity market, scrub. The creative destruction of the free market will remake the landscape many times before the game ends, and most people, you included, will not be able to keep up and loose it all. HONEY BADGER DON'T GIVE A FUCK.
>>9202572
OP is a coretard, you mong. Not at all surprised you guys like such degenerate garbage.

>>9096965
>the issue is a little more nuanced than Ver and the like make it out to be. Luckily we've figured out a way to implement trustless layer 2 solutions.
The simplest answer is the wrong one, goy. You just need to trust us. :^)

>>8996261
>>8996314
>Hurr durr can't trust the miners because what are economic incentives.
If there is a point where you need to run your own node to "validate" that the chain being extended by the miners is faulty, bitcoin will have been broken anyway.
YOUR NODE MEANS JACK SHIT, IDIOT. ECONOMICALLY INCENTIVIZED POW IS THE ONLY REAL TRUTH IN BITCOIN.
>>8996583
No, bitcoin works because of economic incentives and game theory. There is plenty of trust involved throughout the ecosystem and that is perfectly fine because the incentives are well-aligned. "Muh trustlessness" does not apply to every corner of the ecosystem, you mong. If you think you need to actually validate the blockchain by yourself every time you want to check a transaction, rather than just querying a few trusted miners, then kindly GET OUT OF BITCOIN NOW BECAUSE YOU HAVE NO FUCKING CLUE HOW THIS SYSTEM WORKS.