/biz/ - Business & Finance

That checks out and best thread, fren. Really gave me a perspective, fren.

>>10717882
Have you obtain 1 BTC yet, little pepe?

>>10717972
Working on it! I am very focus. It helps me to know others like yourself look out for me. I love getting into the cyber, and knowing that soon will come a day of riches.

>>10718077
Good pepe. Kek gave you debs to show you are on the right track.

>>10718077
Good pepe. Kek gave you dubs to show you are on the right track.

...that, too, checks out.

>>10717851
I have 2
:^)

>A currency where like 10 people own 30% of the coins in existence will take off and become dominant

I'm doubtful.

>>10718504
pareto distribution will happen eventually to any form of currency. fuck of with your commie shill

i have 4, making a mad dash for 21, by my estimate it will take 200 days for me to reach 21, wish me luck and dont start mooning it

>>10718504
piss off back to plebbit you incel commie brainlet

>>10718504
Worked out for the USD

>>10717851
Yes, I have, kek. Old bitcoins are old.

>10 btc at 20
>tfw literally, unironically going to be a millionaire and retired by 25

I sold my one bitcoin on November 30th 2017. Now I have no bitcoins.

Great post. I will communicate this to my boomer collegues.

Bought it?

I mined it on my PC in late 2009 with Satoshi Nakamoto’s ever first Bitcoin Mining Software

I can BTC for many. Now mother anger because of. All warm for thought and thank.

I have 1 Bitcoin Candy which is same thing

>>10718615
Thanks for supporting my bitcoin software at such an early stage.

>>10718504
>what is pareto

>>10718555
And dead by 30 when you see how much you would have if you wated 10 years instead of 5 to dump it for (((fiat))) or whatever else.

tick tock

>>10718615
My father mined it on nintendo switch

>>10718513
>>10718947
Do you even know how pareto work?
Geez....

>>10720490
Yes. Do fucking you?

We can dream. I wish I had money to buy in. Hope you all make it.

>>10720684
pareto principle is an undesirable but unavoidable result, not a desired outcome you should build your nascent currency around
you're supposed to know about it AND do everything in your power to dial down its effects (or pretend to). openly embracing wealth disparity is the best way to ensure bitcoin will never take off

>>10720814
>undesirable but unavoidable result
>please avoid it

Bitcoin will stabilize at around pareto as time goes on, because whales will sell at some point, due diversifying in other things being the sane thing to do if you own a fuckton of BTC, so these BTCs will go into other people's hand, so on a long enough timeline things will get even but not delusionally beating something pareto-ish.

>>10718964
never understood this one
I didn't kill myself over not buying Netflix stock
I didn't kill myself over not buying Apple stock
only having 5 million instead of 50 million isn't suicide fuel unless you're staggeringly pathetic

>>10721304

ye i'd settle for $1million pls vitalik:)

>>10718615
>tfw wanted to mine it back then too, but wallet took too long to download and I got pissed

>>10721304
Oh man but it fucking is. Once you (((cash out))) and get raped by taxes you'll end up with like half of it

A solid condo costs like $1 million these days and going up

A decent car $50,000 (forget about lambos with less than $10 million)

The rest should be put in things that can give you passive income like parking spots and flats you can rent to people

You end up with $0 and most importantly 0 BTC.

>>10717851
imagine posting this
lmao

>>10721598

>>10723407

>>10717851
Once it crashes, and I'm one of the few people still mining as soon as it goes back up I'll sell high and get out of the game.

https://www.youtube.com/watch?v=aRUV3eM9iWU

>>10717851
>Do you have 1 BTC yet?
0.452... working on it.

>>10723433

>>10718504
Read up this arxiv article on Bitcoin Dormancy by Reginald Smith: https://arxiv.org/abs/1712.10287

The very reason bitcoin did not crash to unrecoverable reason is that vast majority of coins are held by tech people who see the long term potential and haven't dumped their coins for the past nine years.

How are there people on /biz/ who don't even have a full bitcoin? How late were you faggots?

The problem is there's too much dilution from all the alts, so it's not 21 million, it's hundreds of billions.

what's the best case scenario for crypto?

>>10724862
I have ~400 Bitcoin (BCH)

all i have to do is read satoshi's tweets and wait until I never have to work again

>>10724862
you can say there is dilution, but all that bit coins are actually used for is trading with alts, then the whales take them from you and you have to put more fiat into the machine

>>10717851
what is this green color theme anyway? i cant remember a green theme

>>10724862
Most of those shitcoins will die just like the wave of shitcoins before them.

So this recent yo-yo effect will eventually stabilize?

>>10724976
In ten to twenty years maybe.

>>10725045
kek I bet you were that retard that wrote to the guy who had 16,000 ETH that he was a retard back in 2016, or that Ethereum is a russian scam. Read Sovereign Individual and uncuck yourself

>>10724862
X increases Y

>>10724940
>4 months ago it was on every news station, in newspaper, radio, in primetime TV shows
imagine

Having 0 BCH has higher risk than having 1 BCH.

21 million coins to ever exist

1 million+ already lost forever

There are 36 million millionaires in the world

The question is:

Do you have 1 BCH yet?

does anybody know about hardware wallets and storing btc in general?

can you insure it? what happens in the even that i am personally hacked, is there any avenue for me to take to retrieve my coins?
i suspect this is a major issue that most people don't want to be their own bank.

>>10722215
this shit right here
we got some when it went down past 6k a couple days ago
now they're all gone
if there's a bullrun, even if it's not some moonshit
I want everyone in this board to shitpost the whole site nonstop for a month