/biz/ - Business & Finance

>>1314735
that's like saying the world only needs the usd all other currencies are redundant.

>>1314735
we still need the alt-coins OP. every one of them is traded in Bitcoin too.. The stronger they get, the stronger bitcoin gets

>>1314758

The stronger bitcoin gets the stronger they get.
FTFY

>>1314735
Never go full-retard lsd

>>1314735
Buy ethereum

You're all delusional

>>1314735
bitcoin can't be the world currency for one reason:

devs refuse to increase block size

this means that confirmation time will become needlessly fucking long

I'm not waiting half an hour to buy a cup of coffee

>>1314843
probably won't have to if they can get away from this notion of a single chain instead of a tree of sidechains tho.

Bitcoin is plummeting.

>>1316680
is there something going on?

>>1316691
People are starting to realize there's nothing holding it up but their excitement.

Normies don't understand crypto

Why would they switch from stable and reliable fiat to something extremely volatile that they can't understand?

Until a good answer to that question exists, cryptocurrencies are worthless. (except for buying illegal shit)

>>1316706
>fiat
>stable and reliable
>it's literally debt

Okay bud, say that when the FED hikes up interest rates.

>>1314739
its not actually like that at all. the internet is not divided by country retard

>>1316760
it can't. debt would become (more) unpayable

>>1314735
bitcoin/litecoin/dogecoin

one day people will learn

Bitcoin is great and all, and it will probably be the most valuable coin forever.
That being said zcash is going to be the shit when it's released. Finally you'll be able to use cryptocurrencies for your day to day shopping without there being a publicly viewable record of everything you bought

>>1316680
>Price up $50 over the last 3 days

>>1316998
>not being able to see how transactions are going
ain't that less reliable

>>1316987
What relevancy has Litecoin nowadays?

I distinctly remember /biz/ absolutely trashing the idea of buying or holding bitcoin after the last crash. I held and double downed while it was cheap. Now what do you have to say /biz/, being proven so so wrong

>>1316987
>litecoin/dogecoin
You're memed out of your mind, buddy

>>1316771
let alt bagholders dream

>>1316998
This is already solved with Confidential Transactions, so another useless alt there.

>>1314843
i thought SEGWIT is happening

>>1317936
Has that been implemented yet?
Do they even plan to implement it?

>>1314735
Transfering Bitcoin to fiat easily has been a hassle for some time.
That is why I am having high expectations of the Wavesplatform.
They have an integrated Bitcoin wallet.

>>1316771
Tell that to North Korea.

who here
/siacoin/trumpcoin/
50, 50 portfolio split?

feels comfy man

>>1316771
currencies are not contained by borders or nations or countries it's more like economies. the internet certainly have multitude of those.

national currencies are a remnant of the past. most things are measured in dollar or euro value. they are only useful for shitty governments to try print themselves out of trouble instead of real systemic solutions. (yeah it never works tho)

>>1317544
>>1317707

gateway coin for trading smaller cryptos, fast transaction time, dev team is actually competent (i dont mean the litecoin association guys)

dogecoin played its card right for what they want to be, a high volume play currency. Mergemining with litecoin makes it a strong player.

both of these currencies have no premined coins and exist for years with people using them.