/biz/ - Business & Finance

BTC is worthless and will never be a global currency.

>>7381262

Institutional mathematician here to clear this post up:

You pretty much said
>buy at 100
>sell at 95
<total loss at this point is 5

>buy back at 60
<now we're at a total loss of 65
>it bounces back to 100, you sell
<100-65 = 35

So all in all you win 35

Last year you thought it was a given that BTC would hit millions and we were just pioneers in a digital gold rush.

Now you think it's a given that BTC is worthless.

Your opinion of BTC is more volatile than the coin itself. At least the technology is always the same, your feelings about it aren't.

How to cope with fact that Bitcoin is dead for good this time?

Bitcoin is down like 5k and it's not even over yet.

Is this the end for BTC?

Who buys Einsteinium and why?

It's a shady benefit fund, not a functional currency or service. You can't do anything with your Einsteincoins.

I can't believe there are useless scamcoins right in the top #40.

For instance, Einsteinium. Ask yourself, do you have any use cases for Einsteinium? No, it's just a "benefit fund" for the devs.

Einsteinium is such a scam.

You all know this, right?

What the hell made Einsteinium suddenly so expensive?

It's a shit coin.

If ARK is so good, why does it need advertising threads every day?

I think we need a coin that helps particle physics.

Let's call it "Cerncoin" (CRN) for now.
It combines all the processing power of all devices connected to the same blockchain and does amazing calculations on particle behavior. This couldn't be done without a blockchain.

I give you this revolutionizing idea for free. You're welcome.

Just bought ANT, GNT, ETH with all I had.

Did I do well, /biz/?

I don't trust EOS yet so I didn't buy it.

Should I rather buy ETH or Ethereum-based apps such as Aragon, Minereum and EOS?
Which will be more valuable in the future?

I really don't even understand how they work so they might be a big scam.

>EOS tokens will not be sold to U.S. citizens

This gives me life.

Regards, citizen of Finland.

STEEM is the worst piece of shit ever.
Stop using it.

I absolutely loathe the idea of paying for social media bullshit and memes.
Guess what kind of content succeeds most on STEEM?
Yeah, personality tests, memes and Fox news -tier bullshit with no credibility, source or any intelligent content.

ETH has been sucking lately.

Give it to me straight, will ETH ever hit $400 and more?

I'm starting to think it's a scamcoin and I should invest in LTC instead.

>thinks cryptocurrency is valued by "supply and demand"

>in reality Coinbase and others close their markets for "maintenance" every time BTC/ETH is at a price that is not favorable

Face it, we pay what they are making us pay.

Is Ethereum finally over?

I'm gonna sell all my ETH after the crash.