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/biz/ - Business & Finance

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25331032 No.25331032 [Reply] [Original]

>> No.25331050
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25331050

>>25331032

>> No.25331129
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25331129

>>25331032
I-is BTC about to pump again? It really feels like it is. WE ARE DUE FOR A CORRECTION

>> No.25331390

>keeps buying thhe top
>profits hundreds of millions
FUCKING BOOIMERS ALWAYS WIN ITS NOT FAIR

>> No.25331627

>>25331032
what don't you understand anon?

The security of bitcoin relies heavily on the mathematics of encrypting private keys in special ways. Let me know if you have any questions

>> No.25331812

>>25331627
>Hashing = encryption
Are u retarded?

>> No.25331862

>>25331390
He got Lucky, works until it doesnt
>>25331050
Based

>> No.25331909

>>25331129
Bct is already 500 mil ++
I know it's a store of value, but how much money is there to be invested in it? Few companies have this kind of valuation, so I don't really see it at $500k per coin.

>> No.25331946

>>25331909
Meant 500 billion

>> No.25331958

Ahhhkshually....... if you're encrypting your seed with a BIP 39 passphrase you could technically say that your money is "encrypted" you didactic, autistic literal faggot.

Always recognize a supreme gentleman autist by how literal they take everything and are unable to conceive of satire or nuance. KYS

>> No.25331973

>>25331909
hint: it's not a company retard

>> No.25332013

>>25331909
Gold marketcap: 10T
Off-shore bank accounts: 20-30T

Two markets that Bitcoin is competing in right now, worth a combined 30-40T dollars. If you think Bitcoin is “high” at 500B valuation you simply don’t understand the investment. Bitcoin will be 10T+ by the end of this decade

>> No.25332035

>>25331973
People invest their money in companies just like they invest in btc, retard
If all their savings are already allocated, there is less room to grow for btc, retard

>> No.25332063

>>25331812
the mining algorithm involves hashing but actually sending and receiving tokens is public key encryption

>> No.25332133

>>25332063
This is correct. Bitcoin is a public key infrastructure (PKI). Public/private keys are the encryption part.