/biz/ - Business & Finance

reads like satire except satire is supposed to be funny

>>18942082
Yes. Bitcoin isn't the only crypto

>>18942082
I mean Ripple had a larger return than even that from just 2016-2017 so I think he's kind of wrong. These days it is a different market though. It IS harder to make it big in this market than it used to be.

>>18942175
This. I seriously wonder if BTC is a psyop to get normie investors to buy in while leverage exchanges rape them with market manipulation. ETH and DeFi is where the future lies and in where smart money is.

>>18942218

Cardano is the future

>>18942082
is he talking to me?

>>18942082
i know a guy who got wiped out in 2017 and now makes several thousand dollar trades on bitseven and is a millionaire. this guy is a kike faggot

>>18942082
Literally who? He's probably a journalist. He doesn't even understand that businesses are created all the time and bull runs like these are pretty easy to come by. This is why we have venture capitalists. He probably doesn't even understand how BTC works. Journalists != expert. FAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAR from it.

>>18942082
The right question to ask here is not "is he wrong?" but "is he or is he not a SEETHING, COPING nocoiner?" and the answer seems pretty obvious.

Probably the dumbest thing I've ever heard. Projecting insecurities hella hard. Bitcoin will never moon as hard as that dude's fuckin forehead

>>18942253
Hows that mainnet coming along?

yes he's wrong

>>18942082
>is he wrong?
yes bitcoin started much lower than $1

>>18942082
Did you miss round 2 as well (now)?
If yes, where were you this time around?
Goodbye.

>>18942352
lel

we’ve reached outrights scams at this point

>>18942218
Does LINK fit in the future?

>>18942860
Do you forsee decentralized oracles as a necessary component of DeFi? There's your answer.

If you're not at the top of the Ponzi scheme you're a moron.

He is correct.

>>18942082
>implying people wouldnt have sold at 2, 3, 4 dollars etc...

>>18942082
yes, and no.
bitcoins price fluctuation has been high and low, if you haven't made any money at all, yeah you are kind of tarded

>>18942860
No you fucking delusional subhuman

>>18942209
this. ripple went 500x march '16 to march '17
also singer is a retard because bitcoin didn't start at $1

>>18942791
>>18942904
Wait until you see where it potentially goes.
Wallstreet is in.
lol

>>18942253
Cardano is vaporware as of right now. When you can actually do shit on it and participate in defi get back to me.

>>18942979
How is 500x bigger than 19000x asking for a friend

>>18942995
didn't mean to piggyback the comment that ripple's 1 year gain surpassed bitcoin's 8 year gain - just agreeing with the sentiment that there are other bulls to ride

>>18942082

>>18942082
He's not wrong if we're talking about Bitcoin only but there is an entire crypto market that will have massive gains, maybe not the same percentages but certainly enough to make a lot of people a lot of money. It's like saying if you missed investing in Google then you missed out on making money on the internet.

>>18942880
Yes

>>18942082
people said this exact same shit after the Nov 2013 peak. Turns out they were wrong and this stupid faggot will be proven wrong in time too

and bitcoin went from fractions of a penny to 20k, not a dollar

>>18943026
Best comment.
The normie (non-participant) commentary is always negative. Sitting on the sidelines of life. Forever, waiting, for that perfect time.
LOL
I'M RICH!!!!

he doesn't know

>>18942218
What is "the halving"?

Yes he's wrong.
Bitcoin was less than 1 cent

>>18942343
Didn't Shelley go live in April with the genesis block getting mined?

>>18943074

>>18943100
based

>>18943074
every crypto's price is cut in half

>>18942082

Decentralized data inputs and outputs as well as decentralized cloud data storage are the last 10000x +. It will take a decade or so probably but I don't know if anything will compare to BTC in the long scheme. Its been the greatest investment of all of human history going from like .10 to almost 20K. Its honestly unreal.

BTC is still king, its truely deflationary and has infinite value potentially its too bad the chain sucks. Lol

>>18943264
Bitcoins only use case is a trading token. Change my mind.

>>18943305
>>18943305

I'd say that is actually true. Its a store of value not meant to be traded often honestly. The wealthy have too much money and it gets hard to diversify. Its why the ultra wealthy deal with art and artifacts as well. You can use it as tax write off if you give it to a museum (You are already connected to it as well through proxies). You can artificially inflate the value of art to protect your money.

Now with BTC they created a system where infinite funds can be placed without fear of theft and storage. Not to mention that its truly deflationary. Over time almost no more BTC can be mined, and eventually none. We are almost at 90% already. A lot will be gone from loss of private keys. Its an asset that can never be replicated. I think someone else could even build a better protocol stritcly for trading value between people with all the best features of BTC plus more and it would still fall short because BTC was just the first.

>>18943305
>money's only use case is being used as money

>>18943436
If SHTF and you tried to buy eggs from me with a fucking thumb drive I would beat the shit out of you.

>>18942082
imagine following twitter at all whatsoever...

>>18943510
if you can use it to buy milk then i sincerely doubt you would

also, if you haven't noticed shit has hit thr fan cockhead, i don't want your silver rounds youve been coofing on, leave the eggs outside when the transaction clears and I'll see you when the pandemic is over.

people are shut in now living online, this is online money, it doesn't take a genius to figure out sending mercury dimes in an envelope is not the most efficient form of commerce in 20XX

>>18943510
>yeah but what if the entire world ends and there's no more internet or electricity or logistical networks or food, THEN your digital coins will be worthless!
uhhhhhhhhhhhh

>>18943574
And you still can't buy a single thing with Bitcoin. You have to convert it into dollars first.

Why do you think the only way to communicate THE value of BTC is via dollars? Why can't you say, hey man I used to only be able to get a pack of gum with my Bitcoin but now I can buy a Hyundai!

>>18943620
i bought a fractional gold eagle and a roll of silver eagles in the last three weeks with crypto, no dollars changed hands.

>>18943620
you understand that cash app has bitcoin now right? choosing bitcoin for payment is easy for regular people. it's like oh, i prefer venmo/bitcoin/google pay. it's jist another form of online payment that has pros and cons like any other..your arguments are dated dude catch up with the times

>>18943510
Same with a debit card or paper though.

>>18942209
>tfw my $600 investment in XRP was worth $300k ATH and I fell for the hodl meme til 50 cents

>>18943693
Or gold for that matter. If I'm giving up eggs then it's little sister's or wife's butthole I want in return.

>>18942305
Based

>>18943620
i got a discount for using crypto fyi, I also have another roll of eagles and 100 mercury dimes in transit. crypto can literally be exchanged for gold.

>>18943074
block reward gets cut in half. Makes the currency more scarce. Price is going up as a response. This is the third halving. Some think the price will go up or down, when in reality the price will freeze and never fluctuate again leaving it at exactly at the price at the time it halves.

>>18943100
Checked.

>>18942352
fucking hex, yes I wish I bought some

>>18942352
get some sleep richard