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/biz/ - Business & Finance


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18230817 No.18230817 [Reply] [Original]

>he isn't buying up cheap BSV

Imagine not buying BitCoin for less than $200

>> No.18230875
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18230875

>he isn't dumping all his fiat into a pajeet fly by night scam coin that pumps 4000% on a volume of 2000$.

Ngmi

>> No.18230954 [DELETED] 

>>18229483

interesting question anon. probably not gonna be accurately answered on this online hentai forum.

the price of bitcoin is largely determined by supply and demand, this makes bitcoin more similar to a security or a traditional commodity than a currency in some ways.

The supply of bitcoin is not growing much larger and will eventually no longer grow at all. This means that bitcoin unlike US dollars or Yuan does not loose 1-5% of its value every year to inflation.

This also means that as the demand for bitcoin continues to increase as it has been for the last 5 years the "price" or the US dollar value per Bitcoin will likely continue to gain.

this can easily be understood with a simple example:

say there are 100 "shitcoins" and they represent ~$100, based on market demand or how much money people have already payed for the coins.

Now say 5 years later there are still only 100 shitcoins because the shitcoin network will only ever allow this many shitcoins to exist. except now there are large shitcoin exchanges where millions of dollars of other currencies are traded for these same 100 shitcoins every day.

>> No.18230956

More like BitCon

>> No.18231214 [DELETED] 

>>18231124
Hi Grandpa, this isn’t 2003 anymore. Nobody charges fees.

>> No.18231216 [DELETED] 

I'm sorry. Let me rephrase.

What size investments would you make each month if transaction fees were 10 bucks?

>> No.18231218 [DELETED] 
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18231218

>>18230997
muh master race...
ice niggers

>> No.18231382

>>18230817
Shhhh

Delete this seriously

>> No.18231464
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18231464

found a very rare picture of satoshi nakamoto

>> No.18231521

>>18230817
There is one real "Bitcoin".
Guess how it's called.
"Bitcoin"

>> No.18231539

I love how easy it is to spot paid crypto shills and leftypol outside agitators on national shitpost day.

>please buy my bags sirs
or
>why do incels not suck dick to manage $300million

>> No.18231556

>>18231521
no picture worth you

>> No.18231613 [DELETED] 

what is this lads

>> No.18231630

>>18222048
BLESS ME

>> No.18231655

>>18231632
are you paranoid? but only when stoned please

>> No.18231663

>>18231606
there is none. most of these shitcoins are just an artifact from times when there was no way to trade with leverage.

>> No.18231694

>>1823163 2
No (you) for you, my infected friend. :^)

>> No.18231735

>>18231632
you are not OP so stop moderating this thread