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/biz/ - Business & Finance

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19439783 No.19439783 [Reply] [Original]

Hey anon,

I've heard you dedicate a majority of your life to posting on cryptocurrency message boards. Can you explain to me exactly what happens, in technical terms, when someone "mines a bitcoin?"

Oh... you don't know how to explain it in-depth even though you've spent hundreds of hours discussing cryptocurrencies... W-What's that? You'd prefer to explain to me why your Japanese "microcap" coin investment is going to "moon."... interesting. Good luck with that.

>> No.19439794

>>19439783
delete this

>> No.19439799

>>19439783
pee pee poo poo

>> No.19439807

>>19439783
Pow

>> No.19439811

computer get money for solving problem

>> No.19439821

I can explain it well enough for normies to think I'm smart, but you guys would think I'm retarded

>> No.19439831

>>19439783
majority of investors have zero domain knowledge in what they are invested in

>> No.19439860

>>19439783
i do understand pow and nakamoto consensus you fucking nigger

>> No.19439892

>>19439783
>Had this exact discussion with sneering posho economics students in 2016 when I was at college
>Made $213k off Raiblocks, Ripple, Stratis and Ethereum while they ignored me and went to lectures
>Still don't know how a coin is mined, don't care, alt season 2 is coming this month and going to make another quarter mill

>> No.19439907
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19439907

>>19439892
>Mentions that he mad 213k off certain coins that mooned.
>Fails to add in the part about losing 300k off shit like deep brain chain

>> No.19439974

>>19439892
this.

I spend time on this shit to make money off it, not to become an expert at "how it all works". Once you get to a certain point of understanding it really doesn't make any sense to go any deeper.

Are gold/oil traders experts in chemistry?
Are orange juice concentrate futures traders experts in agriculture?

>> No.19439988

>>19439907
Because it didn't happen and I got extremely lucky. Going to happen again, this time with ALGO, VET and ATOM. Screencap for review in 3 months time.