/biz/ - Business & Finance

>>18038597
I don't see it. It's just a classic up spike without any real volume. Probably 100% tether pump

>>18038597
Because every currency other than USD is getting raped and people want a safe haven

>>18038634
>digital ponzi pyramid
>safe haven

>>18038634
The only safe havens are gold and silver

>>18038647
cope

oh nothing just the World is burning

>>18038663
Who would win? Hunks of inert metals

Or

Fungible digital currency of the future

>>18038597
>QE Infinity
>Bonds going to zero
>Cash has chinese bioweapon on it
>One can make money from home with it
>Gold and Silver are scarce
>Is weightless
>Is (virtually) infinitely dividable
>Can't be confiscated
>Can't be censored
It's like you faggots haven't been paying attention at all

>>18038597
because literally fiat in circulation seems to double this year, whilst btc inflation is due to half..

>>18038722
>5 tx's per second
>currency of the future

>>18038823
give it time you degenerate

>>18038823
>Viacoin for payments
>Ethereum for smart contracts
>Bitcoin for unit of account/storage
Do you have no imagination at all? Plus what do you think happens when more people buy and start contributing to the network? They buy miners for passive income and boost the hashrate

This tweet aged well.

GOD bitcoins bears are so cucked it’s not even funny. These emasculate pussies told me bitcoin was dead just a weak ago Shouldn’t we be dumping to 2k as we speak?! But now faggot cuckolded bears can’t even dump us below 6k. We’ve only been creeping upward ever since bitcoin “died,” the game is finally up, nobody believes your colorful stories anymore. Slowly and then all at once it’s going to dawn on people that bitcoin is their seat on a rapidly filling lifeboat. Bears are going down with the ship holding their dicks and a greasy fistful of Monopoly money.

>>18038851
youve had a decade idiot
>>18038867
>literally admitting you're living in your imagination

Whether you love or hate crypto, no one can argue hedging your bets with a proven and decentralized value transfer network.
Inflation will get out of control, boomers will flock to metals and the younger generation will flock to crypto, it doesn't have to physical properties, it just has to have perceived value by the users

>>18038597
Because the monetary supply used to value btc is increasing faster than btc supply.

>>18038597
Because 30% of the US population wont have a job soon. The whole of USA will be in quarantine. Marshall law will begin because retarded burgers will ignore quarantine rules. Stock market will mega dump and the Pheonix will rise. You have been warned

>>18038997
Chicken Little has arrived!

>>18038597
they are beginning to believe

>>18038997
>Marshall law

>>18038926
Truth. 500k eoy minimum

>>18038997
quit the mambo-jambo and invest success: HWO.TO

>>18039008
>>18039034
>>18039053
Loose more loosers

>>18038823
That is the most important feature you dumb moron. Biz is so obsessed with scaling on chain but if we have to onboard the entire world nobody is going to do that in any chain. People don't want that responsibility, they will make coinbase accounts and will buy things like that and these Banks will settle with each other.
Keeping block size small means the base protocol can always be audited on simple hardware by anyone that cares even though 99% of the world won't

>>18039465
classic corecuck cope

>>18038722
>Bitcoin
>Fungible

>>18039504
Paid shill

>>18038597
>you had 9 years.

>>18038722
If you believe it isn't the metals, you're a brainlet.

>>18039504
How dumb do you have to be to think storing everyone's micro transactions on chain forever is a good idea. Then you just end up with a few data center nodes that can handle it and essentially you now have the Crypto Fed that can choose whatever consensus rules they want at any time

>>18038597
Because it organically crashed the same way as the stock market should have. Now it's recovering because the market cap is so low.

>>18038647
stay poor

>>18039465
>>18039815
Hal are you still alive?