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15258829 No.15258829 [Reply] [Original]

Unironcly Is it?

>> No.15258841

free market currencies are ponzis that never end

>> No.15258842

>>15258829
fiat is a ponzi
bitcoin and gold are stores of value

>> No.15258845

>>15258841
Explain to brainlet is this good or bad for bttc?

>> No.15258846

>>15258829
Oh thank god I was thinking of a grey cat from denmark

>> No.15258850

>>15258842
>>15258842
And btc price 2020 will be?

>> No.15258852

>>15258829
>Think of a countriy beginning with D.
The first thing I thought of was dick, what does that mean?

>> No.15258860

DIS NIGGA THINKING OF AN ORANGE ORANGUTAN FROM DOMINICAN REPUBLIC :JOY:

>> No.15258867

Brown Eagle from Denmark

phew

>> No.15258879

>>15258829

Brown dog from Dominican republic

>> No.15258880

>>15258867
Ghe, same. Wanna fuck?

>> No.15258895
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15258895

>>15258850
unironically this, btc follows a pattern. i look up another graph to show you what i mean

>> No.15258913

>>15258845
Orange coin good, number go up. What I said was just the shitpost way of saying the purchasing power of a free market currency can continue going up indefinitely (albeit it slows down considerably as its network effect reaches maximum potential). If we stuck strictly to a gold standard all these years, then the purchasing power of a 1 ounce coin would go up as technology and industrial output increased. Yet the value of that gold coin would still be mostly monetary premium. Only difference is bitcoin has less history, is much earlier in its adoption cycle, and more of its value is pure monetary premium.

Checkout this guy's six part series if you want to understand BTC better: https://www.youtube.com/watch?v=zsK0JNpjow4&list=PLxxj-sCQ0oJJs9BmBJ5rY-n2JE9dOfGnt

If the first vid is too basic skip to the second.

>> No.15258934

>>15258829
This is literally exactly what I thought. But since Denmark is the only notable country that begins with D, and since emus and eagles are the only animals remotely on par with elephants beginning with E, I think I'm still safe.

>> No.15258948

>>15258846
>dcnmark

>> No.15258950

>>15258829
Black Jaguar from Djibouti. Easy.

>> No.15258960

>>15258879
>ddminican republic

>> No.15258962

>>15258829
Yes, the Bitcoin CEO will run away with all your money. Don't buy.

>> No.15258966

>>15258829
Not a ponzi. Fucking hate you retards calling every pyramid scheme or speculative asset a ponzi.

>> No.15258968

>>15258829
I thought of a grey elephant from Deutschland

Am I gay now?

>> No.15258997

>>15258966
“Hurr buy it and hope someone else pays more later it’s a fools complex”
Literally every “investment” out there is the fools complex

>> No.15259007

>>15258879
Oh no no no NOOOO