/biz/ - Business & Finance

>>59551353
>And how exactly does bitcoin appreciate? Where are those gains coming from?

The amount of morons in this space who legitimately believe that buying crypto is comparable to investing in companies that produce valuable goods or services is astounding.

>>59193005
>damn I wish I was eating that good too.

You'll stop feeling FOMO or regret once you finally realize that all these "sick gainz" are really just phantom paper gains. Its *mathematically* impossible for more than a comparative handful of BTC bagholders to cash out of this Tether-juiced market without crashing the price and starkly revealing just how little exit liquidity actually is available.

Moonfags are too low IQ to understand any of this so like Bernie Madoff's victims who kept reinvesting their paper gains they'll remain smugly convinced they're up bigly until that one fateful day when reality bitchslaps them in the face.

>>59064638
>For example, if every user on average is making only 1 transaction in 30 days (i.e. barely uses the network), then it means that (somehow) active userbase is only 600k people

As compared to what? Remember that XMR transactions much more likely to be related to meaningful economic activity as opposed to everything else which is much more likely to be related to useless NFT-type back-and-forth trading.

BTC could have 10 times more TXs than XMR but who cares if none of them are meaningful or economically relevant? Its still a whole lot of nothing.

>>58918009
>Stables are best for buying and selling goods/services since they have the least volatility.

True. But stables are also totally centralized and funds can be frozen on demand. Also, they're as traceable as BTC. Thus, they're a total non-starter for grey and black markets.


>The optimal money to save in is the one with the highest risk-adjusted returns, Bitcoin.

lol you'll find we don't take BTC's "returns" and "performance" seriously here at all due to their sordid association with orchestrated price manipulation over the years.


>So I swap from Bitcoin to stables a bit at a time to buy things. Privacy is sometimes important, so I either coinjoin or swap through Monero

You do you, boo. We prefer ridiculously low TX fees and God-tier banking secrecy ourselves.


>Monero isn't optimal to save in or spend, it's just a service.

Pay more attention, squire, literally the largest and most relevant crypto-based economy in the world has abandoned BTC in favor of a Monero-only standard.

And people are free to save in whatever currency or asset they please. Just because *you* don't see XMR as a savings account doesn't mean *others* don't. There's definitely something to be said for the peace-of-mind that comes with holding an asset that is backed by fat bricks of uncut Peruvian blow.


>Even to drug dealers it's a service, since they want cash.

Cash is a hassle to store and move around, just ask Pablo Escobar and his legendary struggles with it lol.

Watching moonfags shitting themselves over the loss of their make-believe profits is priceless.

>>58004215
>Told you like 10 million times that you wont go to the moon, and where are you now?
>130 buxx?
>>58004304
>/biz/ not only moonless, but homeless

Take the hint, retard, nobody here takes you or your Tether-juiced memecoin seriously anymore.

Enjoy the totally organic pump to $100K and beyond, be sure you drop by to remind us of your sick gains lmao

>>57954721

Indeed. How are we supposed to have fun staying poor with all these future millionaires running around?