/biz/ - Business & Finance

Everyone thinks they know the one true coin. What if we are all wrong?

>>10483849
whatchumean homieeeee the one true coin is bitcoin. bitconeeeeeeeeeeeeeeeeeeeeeeeeeee!

>>10483849
This is true but Waltcucks and Omisegoys are the most delusional.

why would anybody invest in a company that can't even give out a prize worth a few hundred dollars without fraud? Also, all of you ICOfags DO realise that you're just investing in companies, not in cryptocurrencies, right? ICO'd shitcoins created out of thin air can by no measure be called actual cryptocurrencies.

>>10483849
he wrote that wtc holders have higher levels of realism on average. In reality they have erc20 token, no main net, no wallet, shitty economic model,shitty pr, team that staged it's own giveaway, bunch of missed deadlines etc, etc.. they'll miss another deadline in a couple of hrs. now i don't see that reality reflected in wtc sub at all.

>>10483795
why do plebbitors consistently fall back on these mantles? see it all the time in the OMG sub. as soon as things start looking bad they start hammering on how much more intelligent they must be to not react to the FUD/negativity.

>>10484492
gmn people in dailys really believe that they are more intelligent than those that sold gmns at $30.it's like bitch your only hope short term is that someone who sold high buys back and moves the price. wtc team forming cute w formations in group photos won't fix fundamental flaws

>>10484345
>ICO'd shitcoins created out of thin air can by no measure be called actual cryptocurrencies
yes. Cryptocurrency has to be tied to arbitrary mathematical problems that don't solve any issue. That's the landmark of a REAL currency

>>10484761
Nice to see we're on the same page, buddy. I, too, like my currency minted by a single person or small group of people who then give it out as they wish, while keeping a large portion to themselves as well. I can not see a single flaw in such a system.

>>10484816
Yeah I also dislike the chinese bitcoin and eth mining cartels

>>10484846
I know, just imagine if ICO tokens had something similar to these cartels but instead of slowly eating themselves into the market, they would control every single token of its kind in existence from the very beginning. The mere thought of it makes me shudder, but fortunately we know it's not the case.

>>10484921
just imagine the company releasing a product controls the supply of it.
The. Fucking. Horror. My dude.

>>10485022
You've gone off the deep end now, fren. Shittokens can in no way be called products, much less currencies. There's a very good reason we don't buy Big Macs with McDollars, it would be stupid and pointless for each company to have their own currency. You can, however, own McDonalds stock that will increase in value if the company does well. That seems rather similar to how ICO'd tokens function, I think the SEC even has a word for these types of things, but I can't quite recall it...

>>10485106
are you going to imply financial products are not products?

>>10485125
Now we're getting somewhere. Are currencies financial products? Do financial products fall under any regulations? Now ask the same question about the ICO shittokens you are holding. The answers might surprise you.

>>10485185
>government issued fiat
>privately issued fiat
hurr those are very different bruhhh baka senpai

>>10483795
To be fair, you have to have a much higher average of realism/reasoning to invest in Walton.

>reading reddit comments
Do people actually do this? It's the most heavily censored and group think form of communication I can think of.

>>10485212
>what did he mean by this?

to be fair, you have to have a pretty high IQ to baghold Walton

>>10485290
i can't stop. i know it's useless, but it's the perfect mix of cringe and delusion and really hits the spot. I'm not a smart man, but some of the posters in these subs..

>>10484492
coping mechanism, rationalization

>>10485338
>Pretty high Indian quidamity to baghold Walton