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/biz/ - Business & Finance

File: 12 KB, 250x66, Petsdotcomlogo.png [View same] [iqdb] [saucenao] [google]

Anonymous Tue Jul 23 17:55:49 2019 No.14941318 [Reply] [Original]

BTC isn't going to $2000, it's going to zero. Nobody will hold that shit in 10 years because it has no fundamentals.
Prove me wrong.

https://www.tradingview.com/chart/BTCUSD/2WcTPMWy-TOO-LATE-It-s-worse-than-wash-trading-Ponzi-collapse/

>Pets.com was a dot-com enterprise headquartered in San Francisco that sold pet supplies to retail customers. It began operations in November 1998 and liquidated in November 2000. A high-profile marketing campaign gave it a widely recognized public presence, including an appearance in the 1999 Macy's Thanksgiving Day Parade and an advertisement in the 2000 Super Bowl. Its popular sock puppet advertising mascot was interviewed by People magazine and appeared on Good Morning America.
>Although sales rose dramatically due to the attention, the company was weak on fundamentals and lost money on most of its sales. Its high public profile during its brief existence made it one of the more noteworthy victims of the dot-com crash in the 2000s.

>>	Anonymous Tue Jul 23 18:01:00 2019 No.14941376 What about eth?

>>	Anonymous Tue Jul 23 18:04:02 2019 No.14941408 >>14941318 Pets.com is way too specific. Obviously websites like Amazon and Ebay which are similar to Bitcoin and Ethereum would prevail.

>>	Anonymous Tue Jul 23 18:04:29 2019 No.14941417 >>14941376 shitcoin led by communists

>>	Anonymous Tue Jul 23 18:04:52 2019 No.14941421 >>14941318 i bet you believe in new keynesian economics you fucking retard

>>	Anonymous Tue Jul 23 18:06:53 2019 No.14941441 >>14941417 Kys newfag

>>	Anonymous Tue Jul 23 18:08:32 2019 No.14941459 >>14941408 >Amazon and Ebay which are similar to Bitcoin and Ethereum Nobody is using BTC and ETH. In theory you could use ETH, but you lost me when you compared real products to BTC.

>>	Anonymous Tue Jul 23 18:12:18 2019 No.14941504 >>14941459 Bitcoin is still the best way to send millions of dollars across the planet. Amazon used to only sell books but always had the potential to do more. Ethereum is only used to mint shitcoins but always has the potential to do much more.

>>	Anonymous Tue Jul 23 18:13:27 2019 No.14941520 >>14941504 >Bitcoin is still the best way to send millions of dollars across the planet. Are you a fuckin retard? When was the last time someone sent millions of dollars in BTC other than to speculate on coins to get more fiat later?

>>

Anonymous Tue Jul 23 18:18:48 2019 No.14941601

>>14941520
All the time. It's much easier to carry a Trezor or paper wallet than to carry literal gold bars and your bitcoin holdings cant get frozen like your bank account. North Korea holds bitcoin because it's the only way they can send and receive money. Same with censored websites like the Daily Stormer.

>>	Anonymous Tue Jul 23 18:20:19 2019 No.14941620 >>14941520 >https://twitter.com/whale_alert?lang=en

>>	Anonymous Tue Jul 23 18:21:23 2019 No.14941632 File: 47 KB, 500x366, 136.jpg [View same] [iqdb] [saucenao] [google] >>14941520

>>	Anonymous Tue Jul 23 18:24:43 2019 No.14941677 Wrong It's used to buy stuff on the internet

>>	Anonymous Tue Jul 23 18:34:17 2019 No.14941830 >>14941677 wrong. have you? no one buys shit with bitcoin. number go up is the only thing why people are interested. and the number go up scam is literally a jewish scam (tether)

>>	Anonymous Tue Jul 23 18:35:27 2019 No.14941842 >>14941830 >have you? Yep and it was much more convenient than schlepping down to my credit union waiting in line and filling out a wire form.

>>	Anonymous Tue Jul 23 18:43:25 2019 No.14941976 File: 24 KB, 471x388, 1557361016847.jpg [View same] [iqdb] [saucenao] [google] >>14941842 PAYING 4$ FOR A TRANSACTION AND WAITING ONE HOUR FOR CONFIRMATION. NO ONE WILL DO THIS ON A MASSIVE SCALE

>>

Anonymous Tue Jul 23 18:51:43 2019 No.14942074

Only after i watched that debate of peter schiff vs voorhees that i realised how deluded i was with bitcoin

Most people dont wanna see that its literally a ponzi on every aspec, they dont want to lose the romantic idea that bitcoin will destroy the jews, that it will free you from taxes and make you rich in the process.

I only wonder how long till the bubble pops for good.

That said, i'm 100% on link

>>

Anonymous Tue Jul 23 18:54:33 2019 No.14942112

>>14941976
Or you could go to a bank (is it even open right now?) wait in line, fill out a form (don't forget to tell them why you're sending the money) and then pay $25-45 for a wire, depending on if it's international or domestic. Then you wait. Domestic wires can take up to 3 business days and international wires are guaranteed to arrive in 7 days.

>>	Anonymous Tue Jul 23 18:56:24 2019 No.14942134 >>14941318 Good I'll be buying it all up

>>	Anonymous Tue Jul 23 18:57:47 2019 No.14942151 >>14941520 >He doesn't know bitcoin is a store of wealth

>>	Anonymous Tue Jul 23 18:59:22 2019 No.14942176 >>14942112 yeah, wires are a nightmare

>>

Anonymous Tue Jul 23 19:01:04 2019 No.14942190

Bitcoin has not gotten adoption outside trading and HODLing. If some real-world adoption does come along, your sub 2 digit transaction fees would be history. People still dont understand that fees wont go up linearly with adoption. Fees would climb exponentially.

LN is provably a meme at this point. Dont even.

>>	Anonymous Tue Jul 23 19:02:27 2019 No.14942206 >>14942190 Adoption is happening for stablecoins ONLY Now that we got that out of the way this leaves us with speculation and "storing value" which btc is the king for.

>>	Anonymous Tue Jul 23 19:04:30 2019 No.14942229 >>14942112 This. And you can daytrade/transfer cryptos 24/7.

>>

Anonymous Tue Jul 23 19:07:55 2019 No.14942282
File: 195 KB, 544x544, 1563318071290.jpg [View same] [iqdb] [saucenao] [google]

>>14942190
You can buy lambos and literal mansions with BTC, how much more "real world adoption" do you need?

That being said, dinosaur-donothing coin needs to die and let actual, useful projects take over.

>>	Anonymous Tue Jul 23 19:08:09 2019 No.14942287 >>14942151 Nobody smart protect their wealth buying a ponzi moved with tether. Bitcoin is a transfer of wealth from moonbois to shady people and jews.

>>	Anonymous Tue Jul 23 19:16:09 2019 No.14942385 >>14942074 >That said, i'm 100% on link This. Bring on the bear, I don't give a fuck. Sooner BTC dies the sooner LINK can rise like a phoenix and show the world the potential of blockchain.