/biz/ - Business & Finance

>>54307600
>>54307606
>>54307801
>Buy my bags, contrarian anon

>>29217544
>Now what?
BUYBUYBUY HOUSES, get a private bunker, get a tranny gf
in other words,
>prepare for the great reset

Correct me if i'm wrong, but considering the SSR should be in effect today on GME doesn't it mean that the Israel's chosen people can't do ladder shorting like yesterday to scare people into selling off?

>$280 on kraut exchanges
my god

We print money Goys.

Your money becomes more worthless.

We do some dodgy background trading.

We win, you lose

>>14467255
Oy vey! You'd be homeless if you couldn't borrow money!

>taking post-2013 numbers seriously even though nothing like Mtgox happened ever since

When you buy a coin based on news you're buying it from the guy who bought it before it became public knowledge.

Isn't telling people to make transactions on the Lightning Network effectively the same as telling them to make transactions with some other cryptocurrency instead of Bitcoin?
Doesn't that lower the demand for Bitcoins to use in transactions, thereby decreasing the price from where it would otherwise be?
DESU, I'm a bit skeptical that LN will work seamlessly or add truly desirable functionality, and I'm even more skeptical that it will do anything to help with merchant adoption--which is clearly the path forward for Bitcoin's long-term success.
But for argument's sake, even if LN was wildly successful to those ends, wouldn't its use just drive down the Bitcoin price from where it would otherwise be, effectively cannibalizing the value of the coin?
Someone might argue that LN increases the value of BTC by adding "features", but this seems silly for two reasons:
1) It's not like people are buying Bitcoin so they can use LN. They are using LN so they can use their Bitcoin.
2) Any other crypto can just adopt LN, if it really does add value (which seems a bit doubtful) thereby taking any LN "advantage" away from BTC...if there does turn out to be one at all.

Why LN wouldn't just drive down the price of any properly-working crypto, relative to where it would otherwise be according to Gresham's Law*?
* https://en.wikipedia.org/wiki/Gresham%27s_law

>>7409672
I posted about this a 6 gorillion times already so tldr what BTC is doing is outright fraud of its "share holders", the LN they released isn't doing anything it's supposed to

Their devs are either script kiddies or sabotaging the project on purpose