/biz/ - Business & Finance

>>26389760
Still holding Monero waiting for the government to announce draconian KYC laws but it’s just not happening... reeeeee

>>13414150
Never going to happen

>the tx fee is how much?
>what the fuck am I running this fucking node for when I'll never be able to afford to use it?

>>13390233
First off, your "three" proposed benefits of bitcoin are just three different ways of saying one proposed benefit of bitcoin -- that it would be the super internet money / medium of exchange of the future.

You are correct that high transaction fees, low transaction capacity, and limitations of the lightning network mean that bitcoin probably will not become the super internet money of the future.

But you're wrong to believe that this eliminates the value proposition for bitcoin.

Yes bitcoin is a dinosaur when it comes to speed and fees. If you think the crypto with the fastest speed and lowest fees will be the most valuable, then maybe you should put all of your money in XRP, which has ridiculously fast speed and ridiculously low fees.

But the thing is, there's not really any reason why XRP should be worth $0.20 or $20; here's why:
>prices and salaries are always denominated in fiat (e.g. dollars), and that's not going to change in our lifetimes
>anyone can make a clone of XRP that does the same thing or better
>therefore there's no reason to hold XRP because it's not special
>therefore the best use case for XRP is to send payments that you immediately convert into store of value cryptos or fiat that you can actually spend

The market cap of bitcoin (if we count all 21 million) is currently ~1/66th the market cap of gold. There's a lot of room to grow there.

Unlike gold or other commodities, the scarcity of bitcoin is mathematically guaranteed.

Moving bitcoin costs the same amount of money whether you're moving $100 or $1,000,000. You never pay taxes and you don't have to ask government permission to move your money across borders.

Most people have heard of bitcoin. People can be found in every country who will buy your bitcoin at market value or close to it.

More and more people see bitcoin as a store of value / competitor to gold. Young people would rather buy bitcoin than gold.

>>9652465

>>8724205
NOOOOOOOOOO
This isn't true! Not all of them used drugs!
You're lying!

How do the normies keep finding this place?? GET OFF OF MY BOARD REEEEEEEE!!!!

I'm literally crying and I don't know what to do. I've been all in alts since August. Now they've all dropped since the price I bought in at.i have zero btc and I want some but I'm scared to sell my alts low.

What do?

I fell for the ETH fud and dumped at 0.48888.

It's mooning now. I should have known that the crypto community doesn't give a rats ass about what money skellington thinks.

>bought eth in May
>fell for meme after meme
>hodl
>flippening
>metropolis
>zk fucking snarks
NOBODY CARES ABOUT ETH
WHY THE FUCK DIDN'T I JUST BUY BITCOIN

>>4088978
>ywn look like an ff protagonist

HOW THE FUCK IS IT POSSIBLE TO LEARN ANYTHING FROM THIS STUPID BOARD IF IT'S JUST FILLED WITH SHILLS REPEATING THE EXACT SAME PHRASES FOR EVERY FUCKING COIN OVER AND OVER AGAIN

>tfw I had 27 BTC worth of ETH and link 5 days ago
>now barely 19

Fuck normies and their basic bitch coin.

why did I try to daytrade my BAY I'm such a brainlet now have zero refuse to buy in at a higher price reeeeeeeeh

>ETH had a hard life.

Why is it falling in relation to BTC? Why don't they realize the tech is better? Haven't they heard about metropolis?

Why...?

Every time someone creates a new shitcoin, the money spent on crypto gets further divided which means the future moons become smaller and smaller. There are over 1,000 shitcoin currently and over 600 dead ones. If I don't have a Lambo yet is it too late?

>mfw my mom lives in another state and I have to make my own tendies

>>3412571
Get the Wojaks ready!

nmm, swn and tnp for long term gains.


.....All three in the red ;__;

So... How much of an idiot am I for holding ETH for a year for tax purposes? It seems like the Chinese want to kill it, Bitcoin enthusiasts hate it, and it can't reach new ATH anymore.

If I sell now, before the year is up in April, then I must pay 35% tax. If I wait until April then I can pay only 10% tax.

>>3338034
>你好。我是在澳大利亚生活的中国人。
>我想用ICO来做代购。有可能吗?
>如果我是女孩的话会更容易赚到钱吗?哈哈!

speak fucking english you larping faggot. gosh how much I hope for the aussies to make a yellow genocide.

>go to comedy club in Sydney
>comedian makes joke about everyone knows someone trying to become a Bitcoin millionaire

>tfw you realize we're the late adopters

It's really sad. We were so close to $400, then BTC pumped and dumped, and stole the show.