/biz/ - Business & Finance

>>27703906
>satoshis can be divided by a virtually unlimited amount

>>27703906
Western empathy is a bubble.

>>27703906
Because DEMAND is up (institutional, greyscale, etc) while SUPPLY is down (havening last year). Go read an econ book.

>>27703906
If you only knew how much money you could have made

>>27703906
Lmfao stay mad cunt I bought 200 BTC at like $50 of ur peasant usd now I’m rich dumb dog

>>27704224
Prove it

This isn’t a bulk run, this is a bubble!
Anything good is always gonna end in tragedy!!

>>27703906
the last bitcoin mined in 100 years from now, will be worth $1billion

>>27703906
When the dollar collapses it might go up even more.

>>27704319
Wouldn't it be useless then if the USD Is worthless?

>>27704868
Read the Bitcoin Standard

Post short

>>27703906
>Tell me why should BTC be $100,000 if the satoshis can be divided by a virtually unlimited amount?
???

>>27703906
This is actually old and tiring by now

>>27704007
Pop it

>>27703906
what a newfag u are. The first step is the Bitcoin new ATH on monday

>>27703906
How many atoms are in an ounce of gold?

>>27704984
XRP* Standard, fixed that for you

>>27703906
Open up a leveraged short if you're that confident.
I got a feeling you won't

>>27703906
It's not even fucking in the same planet, let alone close. The dot.com bubble lost $1.7 trillion just on Nasdaq. I don't think we have recovered yet.

That's more than the entire world wide crypto market

>>27705399
imagine if u invested in any other high mc crypto u would probobly have at least 10x ur investment right now

>>27703906
retarded bait

>>27705504
heh....imagine...

>>27705389
An ounce of gold atoms

> DotCom bubble reached 10T at its peak
> Limited reach geographically/strategically
> Comparison in reach 1995 vs 2020

A similar FOMO fuelled bubble will unironically reach at the lowest 10T but 50T is on the table, meaning we are still at the very bottom

>>27703906
>mining difficulty doubles
>less supply - same demand
GUH ITZA BUBUBLE

>Quantum computing *already* exists
>Thinks crypto is safe
You guys are in for a rude awakening in a decade.

>>27706346
What is a quantum resistant algorithm?
You do understand that before the Quantum computers get trying to crack the algos someone will mine with one and bam.. we will all know.

>>27705399
Are you still shilling this trash? Dude it's fucking done give it up.

>>27703906
you are correct. Dollar printing is in a bubble. Euro printing is in a bubble. Stocks printing is in a bubble. Hmm I wonder if there are any assets they cant jus print out of thin air at will of a central authority... hmmm I wonder if there are any fair currencies to go around ..... hmm, crypto? wtf who buys this pyramid ponzi scheme!

>>27703906

>2013 It's a bubble !!!1
>2017 Tulip Mania !! 11!
>2021 Dot Kom 2 ! !!11

What's true is that retards who claim that the limited amount that Bitcoin will ever produce is it's strength don't realize that:

People can ALWAYS issue other shitcoins that have their collateral as Bitcoin, so even if 1 Bitcoin managed to exist till the end of days, people could make a shitload of coins on top of it and issue a shitload of other tokens on them.
More shitcoins -> more inflation

They will just value the base collateral more.
That's what central banks do.

>>27706346
everyone that states "muh quantum computing" doesn't know anything about computing, he doesnt know what quantum means. neither does he know anything abouf finance.

Anyone that states "muh quantum computing" or "Muh EMP " is a braintard. not a brainlet. a full on braintard.

>>27707269
Id wait for the SEC ruling before making statements like that.

>>27703906
Explain why satoshis being able to be divided should affect in any way the price of btc.

>>27707081
>>27707500
The entire POINT of quantum computing, at least the most common use, is how it will invalidate all current cryptography methods.

>>27703906
Fuckin retard, gold can also be divided to small amounts

>>27707697
>it will invalidate all current cryptography methods.
and create new ones... nothing new

>>27707081

Just realize that if quantum computers were to affect cryptographic safety, they would utterly fuck the whole internet as well with crypto.

Meaning:
e-banking
e-commerce
e-mails
e-whatever

All that info you are sending is cryptographed using SHA 128/256 or whatever.

Crypto is just ONE sector of the internet that would be affected. Imagine hackers gaining access to stock markets.

Do you think that they are that stupid to release this technology to the crowd?

Not to mention that you need a shitload of coolers to use a quantum computer.

Just cool off a bit.

>>27703906
>My wife's boyfriend allowed me to write this

>>27703906
GME proves crypto space to be better than stock market.

>>27707840
You're right and Crypto is miniscule. It's not even 1 days fees in the derivatives market.

If if they do attack the net, it's not a problem.
Consensus would hard-fork it and go back one block before the attack. Thos who don't like the hard fork can keep using the old one.
Just like ETC and ETH

>investing in something that literally produces no value beyond getting other people to buy in after you

retard bait. forever and always.

>>27703906
Are you saying the crypto bubble will pop within one month instead of 3 years? Should we all buy gold and silver mr boomer?

>>27703906
The entire world economy and society is going to collapse in this decade anyway. Who cares

it hasn't gathered enough media attention yet, after my regular friends start buying because every news outlet is talking about it, then I sell it.

>>27707840
>you need a shitload of coolers to use a quantum computer.
lol understatement of the year

>>27705630
You are correct.

>>27703906
Hard fork implementing quantum security
Goodbye

>>27704051
If you'd have read a single book on economics in your life you'd know that the supply is not dependant in this function is not dependant on halvening as this was conisdered by all investors way before (especially as cryptofags kept on bringing it up ever since the last halvening). Supply is down because people don't sell
(and demand is up because tether is printing like crazy...)

>>27708817

Educate yourself anon
https://diginomica.com/quantum-computing-right-around-corner-cooling-problem-what-are-options

-460F understatement, let me see you cool that shit off with a hand fan, your machinery would be toast in milliseconds

>>27707364

GOOOOOOOLD

>>27705705
>no use case for 90% of crypto
>.com bubble experienced dumb money throwing cash at anything with. Com at the end of it.
Once we start seeing normies fomo into crypto like they did with gme we will start to see that bubble inflate real fucking quick.

>>27703906
>Tell me why should BTC be $100,000 if the satoshis can be divided by a virtually unlimited amount?
Because 1 btc = 1 btc