/biz/ - Business & Finance

*PoW

>>25310576
just capitulate on your midwit stale 2017 shitcoiner narratives already

>>25310576
>imagine still using the hypertext protocol transfer protocol
>imagine still using the simple mail transfer protocol
>imagine using any of the old internet protocols on the modern internet

>imagine believing protocols are companies that will be replaced

>he doesnt know

>>25310576
you had 12 years

>>25310576
I agree, it's obvious "insert shit coin" is the next bitcoin. Old fag savants who bought bitcoin at 1$ obviously got it all wrong. It is evident that me and the newfag army with our 3k portfolios are the smart money here. Take my advice guys, sell your bitcoin for "insert shitcoin". Thank me later.

>>25310576
>Bitcoinobituaries.com

>>25310714
>Imagine believing people are going to be using BTC when other coins have PoS, and both faster and cheaper transactions while also being able to used in more ways than just transferring between wallets

>>25310618
Anyone buying BTC is legit a brainlet who doesn’t know a better crypto so they just go into the one they know of instead of DYOR

Keep buying BTC goys while I fill my bags with more promising projects for cheap

While it’s still likely that BTC price goes up a lot, the elephant in the room is that this is the first year that Moors Law has been disproven. Yes, the number of transistors is still increasing, but we have started to level off and the 2X every 2 years model is not guaranteed anymore. People like Andreas Antonopoulis have quoted Moors Law as the reason that BTC will eventually scale but now I’m not so sure.
>T. Anon with a a lot of LTC.

>>25310853
Silicon valley mentality gets you rekt in crypto. Finance is about stability and security, not rapid iteration and innovation.

>>25310944
>2x every 2 years model

>>25310804
bitcoin was a buy between 2010 and 2012, anything afterwards, bagholding a shorters best friend. I will never get how anybody in buttcoin can be a bulltard

>>25310804
It really do be like that with these faggots huh

>>25310946
If nobody uses it then it’s just a ponzi, there is no stability without a use case.

>>25310946
This. You don't need to add anything else. Bitcoin and PoW and it's proven to work. Every coin that wants to replace Bitcoin needs to prove it can recover like Bitcoin did. XRP is the current candidate. Go to 0 or come back? Who knows. No professional investor is buying it right now however

>>25310576
ive been hearing the same shit since 2017 when I first bought BTC at 1,200
keep coping shitcoiners

>>25311156
XRP is a centralized shitcoin, it’s not a real crypto.

Just posting in your shit thread to say nigger noicoiners are the dumbest people. I don‘t need to prove or recute or argue. Nocoiners have and will continue to be BTFO on epic scales previously thought impossible. Saged, obviously.

>>25311157
I did 10x putting my money into ”shitcoins” in just 6 months this year, if you know what you’re doing you’ll get a much higher ROI.

>>25311209
Being proud over holding a crypto prototype in 2020? Oh man you guys are delusional. Once people get fed up with BTC and all its faults where do you think all the money is going to flow? That’s how you make it, you buy what nobody else is buying in preparation for this.

>>25311234
luck

>>25311178
Exactly. Xrp dying will prove even more how hard it is to trust new tech even if it sounds better than Bitcoin. One thing like this SEC case and it's dead. While Bitcoin continues to grow and earn trust.

>>25310714
This, wake me up when telefax will be osbsoleted from public administration offices

>>25311365
It ain’t luck if you put in the research, which bitmaxi fags never do, because you’re all lazy as fuck and sit on your wealth like dragons instead of looking for ways to make your money go further. Sure BTC could hit 100k in the next few years, but that’s less than a x4 from where we are right now. Literally pointless when I’ve already done better in the past couple months alone with alts like ITS or TCORE.

>>25311691
Good luck holding onto that when the ALT market crashes. Where are you going to put your gains?

>>25310714
Based

>>25311120
There will be a use for it. As a medium of exchange and a store of value. In like 10 years. We're right at the beginning of this journey.

>>25311691
I have a full-time job and have no time to look at shitcoins like a NEET

>>25311178
>XRP: c'mon guys, institutions are going to be buying TONS of this stuff. Don't you want to get in before they do.
>BTC: Institutions actually buying 100's of millions worth at market prices.

>>25311892
ITS is a bit of a gamble because the AMM that will drive value to the token is still shrouded in mystery, but TCORE has been secure as fuck despite the alt market shitting itself multiple times this month, and I have quite a few staked anyway so I’ll still gain a passive income even if people panic sell.

>Where are you going to put your gains?
Depends what kind of a correction BTC sees in the new year. Otherwise I’ll probably just stake more TCORE lmao

>>25312329
How sad for you, wagie. Some of us are capable of smart working and will happily stay at home slinging shitcoins while also getting work done. Too risky doing that shit at the office but I have more than enough time at home

i want newfags to short

>>25311374
how are permissioned chains better than permissionless chains?

muh xrp
pre-mined scam token that falls under the category remittance, trying to compete with digital gold.
not scarce, not decentralized, not immutable, hurddurr..
When Ripple goes bankrupt... xrp will fall to $0

there is no alt-season. Shitcoins will lose 80% of their value in satoshi's. Don't think in USD, think in sats the only ''currency'' that will allow you to survive this upcoming depression.
BTC doesn't have to scale... 10mb isn't a problem if it can be wrapped and scaled on other layer 1's like solana, eth, dot,
Few altcoins will survive.... xmr, ltc, verge maybe...
Most of the for-profit, issued by company tokens will end up in the altcoin graveyard.

it's true though. Bitcoin sucks so bad that it has to be been pigeonholed into one usecase now: store of value. it's the greatest amount of cope the crypto space has ever seen

>>25312773
>there will be no alt season
>goes on to talk about how BTC can only be functional on other alts

>>25310576
Because it actually worth something unlike 99.99% on the market

Yet in spite of all this...
I turned 24K into 110K since March on BTC.

>>25312773
>Don't think in USD
Maybe when I can buy real estate and pay bills in crypto but until then I don’t give a fuck about satoshis

>>25310576
>>25310714
>imagine putting your wealth in a system created and maintained by humans
might as well put all your money in fiat, take it out in cash and stack it as high as you can on a distribution transformer
see how long it takes before all your stored productivity vanishes into nothing

>>25311234
leverage trading btc is a much safer bet if you need those types of gains. Also PoW>>>>>PoS

My bigbrain think is if tech mattered a lot of coins would be worthless and a lot of coins would be valuable.

In BTC's case the number will go up until it hits an unsustainable ATH propped up by chinks siphoning money, then it will eventually decline and never hit that peak again. People have been predicting this since it first graced 1 dollar a BTC and no one knows when the absolute unironic peak will be. It's coming, but it might be 15 years before the technological divide vs. mass adoption and valuation catches up to it and puts it at the all-time top before people realize there are newer and more secure modules out there.

Possibly even being propped up for ages, purely because it's a good way for the government to give people an impression of freedom from the FED, while actually keeping them pigeonholed in a corral where they can be kept watch on.

>>25313051
How much money have you made hodling gold metal-senpai?
Interested in breaking my pm virginity.

Question: What happens to BTC price when govts levy a pollution tax on proof of work tokens due to their energy wastefulness?

What happens to proof of stake tokens when national governments become suspicious of their enemies (China) controlling a majority of the network?

What happens to altcoins when KYC is implemented globally if you want to convert any token to a national currency?

What happens to XRP when governments cut a deal with Ripple to use XRPL as the standard infrastructure for global currency exchange? What happens when every crypto asset except the government controlled ones are deemed unsafe and illegal?

XRP is the standard. All others including BTC are shitcoins. Screen cap this for review in where you went wrong by 2025.

>>25313167
my net profit from holding gold is ~$43 000 (bout 55%)
in my national currency I'm up 67%
not much but then again I'm only 26 and this is still very early in the gold bull market, expecting at least $15 000 an ounce before the bear market

my miners are up over 200%
at the end of the day I see physical gold as wealth and everything else as either investment or speculation to get more wealth (physical gold)

>>25312987
https://www.antalyahomes.com/mobile/pay-with-bitcoin

It's only a matter of time bro. Think in SATs now so you have the advantage of thinking ahead of other people

HOW DO I FUCKING BUY BITCOINS WITHOUT AN EXCHANGE THAT WILL GET HACKED

>>25313312
>What happens to BTC price when govts levy a pollution tax on proof of work tokens due to their energy wastefulness?

Money goes to country that don't have that tax and it's going to be mined there

>What happens to proof of stake tokens when national governments become suspicious of their enemies (China) controlling a majority of the network?

Dump. Proof of Stake is inherently flawed. If the coin dumps there is no incentive to stake and the currency collapses

>What happens to altcoins when KYC is implemented globally if you want to convert any token to a national currency?
Nothing. DeFi works without KYC

>What happens to XRP when governments cut a deal with Ripple to use XRPL as the standard infrastructure for global currency exchange? What happens when every crypto asset except the government controlled ones are deemed unsafe and illegal?

Same shit that would happen if governments decided to make /biz/ the kings of the world. Go apeshit.

>XRP is the standard. All others including BTC are shitcoins. Screen cap this for review in where you went wrong by 2025.

Oh it's Schizoposting :(

>>25313469
That's not bad but realistically you need to already have a significant degree of wealth to make anything close to actual profits.
I'm gonna have to stick to crypto for a long time I guess.

>>25314003
P2P trading sites

>>25310576
BTC has a big future.

>>25310944
ethereum will just tokenize everything, sorry, thanks for playing kiddo

>>25310576
Kys shill. You’re posting too many fud threads today and it’s obvious.

>>25314031
physical gold is an easy 10x
miners 100x
if you want 1000x you need to buy golds shitcoin brother, uranium