/biz/ - Business & Finance

>>57241289

>>54497942
>circulating supply already too inflated because its been mined for 6000 years
>doesnt scale with the economy so derivatives had to be developed
>unknown total supply
>self custody is very hard

>>27562686
Yep.
Au will be something around $100,000. Maybe closer to $80,000 though.
In the long run, Ag will outpace Au. It has a wider use case and the extraction rates are asymmetric.

>>27238014
>log graph
You have no fundamental reason to use one retard. It isn't like bitcoin where you can argue that the societal trust in the software is exponential over time along a stock to flow model. You literally just witnessed all the signals of a tail end of the cycle on one fucking week and are willing to ignore them
>ITS A NEW PARADIGM
Look newfag, we've heard it 1000 times. It's never a new paradigm for meme tokens. They always ALWAYS flounder. It isn't like Defi that actually has a fundamental reason to exist and garner attention. Pump and dumps may not be fully dumped after 2 days, but over time more people will be leaving their positions rather than entering them.

>>23862413
I like this one better

>>23803843
relevant 1/2

>>23737314
YYYYYYESSSSSSS LET'S GOOOOOOOOOOOOOO IT'S FINALLY TIME

>>21124056
its digital gooooooooooooooooooooooooold

>>18418210
Its Digital Gold thats why its valuable

>>17372588

>buying boomer rocks instead of DIGITAL GOLD (BTC)

>>16287438
Its Digital Gold.

>>16213431
there is a thing called exchange, there you can exchange your Bitcoin to any shitcoin or fiat ponzi shit money (when you need it).

>honestly not a bad idea to get a wallet
go read the BTC whitepaper
go read the Ethereum Whitepaper
go read the Chainlink Whitepaper

do your own research you demented alzheimer ridden pozzed newfag

>>15890057
fuck off boomer

BTC is digital Gold.

>>15822428
because BTC is digital gold.

>>15769653
it has better traits then everything else, its Digital Gold.

>>15657042
what a retard. everyone knows BTC is the Digital Gold and more valuable than boomer rocks.

>>14990023

>>14324933
Bitcoin is Digital Gold

>>13601654
wrong
BTC is Kang

>10 years in retards still don't get that BTC is the new Gold

>>11568931
>Based on what?
you need to zoom out, Environmental damage doesn't matter here because its like a tiny drop in a giant bucket.
also In the end every kind of electricity you use is a damage for the environment one way or another.
its a retarded non argument that BTC is damaging anything.

>I know I said it
no you said "was" implying it changed but it didn't.

>Well XRP hasn't and is old as well.
it doesn't have the first mover advantage

>Everybody after it has been anything but a store of wealth.
They will continue printing more dollars meanwhile BTC supply remains fixed. also see pic related.

>Based on what?
see pic related again

>Based on what? Why would NATO allow this if they were late to the party?
NATO has nothing to do with this, everyone important and who matters is already invested.

>why did the Rothschilds only invest $400 000
you think the Rothschilds make everything they do Public? you are a fool if you believe so.
also Blockstream.

>They literally didn't use it for its use case.
because retarded 3rd world savages.

>Based on what? Hope?
its simple logic, halvening, its becoming more scarce, supply and demand, institutional investors etc.

>>11552320
yup, should be +1 trillion

a new asset class with a fixed tiny supply, the gov cant seize from you, literal digital gold, while the feds are cracking down on tax heavens and there are trillions of dollars in offshore money.

gas yourself anon. its only a matter of when btc +300k$.

>>11338376
>Why would anyone use crypto as a currency?
nobody, besides black market / monero

>why btc
>crashed 80% n-nice store of value
okay anon, first of all its a new asset class. 10 years aint shit. its the biggest invention since internet. of course it will be volatile, houses crashed +50% a decade ago and they are considered safest store of value. thats no argument.

its a new asset class with a tiny fixed supply and gov are cracking down on tax heavens. btc is a personal swiss bank account, lol if you think it has no value.
>what is offshore billions
and with 2nd layer options it will be as anon as monero soon without the tail emission.