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/biz/ - Business & Finance


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29277915 No.29277915[DELETED]  [Reply] [Original]

>he uses the term “market cap” to describe the absurd raffle price fluctuations in his database toy.

When exactly is the gig up? No products. No customers. No utility. What are you “investing” in exactly?

>> No.29278032
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29278032

>>29277915
>What are you “investing” in exactly?
Something with more volatility than stocks while also having higher chance of profitability than gambling

>> No.29278068

>>29277915
banking on fiat money dying

>> No.29278079

>>29277915
What do you hope to accomplish with such low quality bait, anon?

>> No.29278083
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29278083

>>29277915
Persistence Persistence on Cosmos look at it OP. Thank me latter.

>> No.29278116

>>29278068
digital currency will never fully replace a physical currency, whether fiat dies or not. people won’t be transacting bitcoin for their every day transactions. it’s impractical if not impossible.

>> No.29278139

>>29277915
Dunno about you but I’m investing in GRT seems like a good long term hold

>> No.29278182

>>29278116
more "currency" exists in the digital space than hard fiat. u ar fucking stupid

>> No.29278195

>>29277915
who's she? saw her pic a few times but no one ever give source

>> No.29278199

>>29278116
This better be bait young man

>> No.29278243

>>29278182
that has absolutely nothing to do with what i said. if you think the people at the sunday farmers market are going to be accepting bitcoin you are absolutely delusional.

>> No.29278255

>>29277915
shut up faggot post more hot girls

>> No.29278330

>>29278199
how the fuck is it b8?
see:
>>29278243

>> No.29278391

>>29278243
But don’t you see, Ichihan Cake Coin will allow them to have more power over their transactions.

>> No.29278522

Energy

>> No.29278668

>>29278243
you just scan a qr code dude and the government doesn't even know about it
it's literally perfectly suited for farmer's markets

>> No.29278758

>>29278243
unless you have a phone that can't scan a simple QR code or literally don't have a phone at all to accept payments anyone will be able to accept payments. there are so many cryptos with the sole purpose being to make cyrpto transactions easier.

>> No.29279029

>>29278243
ur a brainlet
stablecoins will be used for everyday transactions

>> No.29279060

>>29278243
shhh dont tell them people have been doing this for decades with something called a debit card that is instant and you can anything meme tokens can do with literally hundreds of products that are instant like paypal, venmo, googlepay netpsend neteller and on ad nasuem. .

Dont waste your breath, these people are absolutely fucking delusional and retarded

>> No.29279118
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29279118

>> No.29279149

>>29279060
Missing the point this much.
Why are you here?

>> No.29279199

>>29279149
What is your point exactly? That it's not possible to abstract that normie-unfriendly aspects of crypto away and end up with something that works like a debit card? Seems like a pretty retarded outlook but maybe you can explain yourself in more detail instead of crying about no one understanding your deep thoughts

>> No.29279263

>>29278195
There is a built in image search, or you could just right click and search image. Go ahead and work the slightest amount for your coom

>> No.29279346

>>29279149
missing what point? You didnt make one ironically I did however. Just because you can do it with crypto doesnt answer the quesiton of why would you when there are countless alternatives that already do it better. No one needs a new to send someone money that costs retarded fees and take an hour or more.

>Hi miss I would I would like to buy 5 of your tomatoes
>Old lady at the farmers market: ok deary here is wallet address, we will need three confirmations so you are gonna have to stand here for an hour or more until we get them
>your stupid ass: pass 20 dollar transaction fee and waits an hour and half for 4 tomatoes

You people are so retarded it hurts

>> No.29279432

>>29279346
Cardano wins again

>> No.29279777

>>29277915
If you think about it for a while, practically everything is a ponzi scheme.
Education? Betting that your education will find use on job market.
Trading physical stuff like in ye old times? Betting someone will buy it for more than you bought it.
Food chain? Betting Sun will keep being a cuck and provide free energy.
Housing? Boomers betting those will be worth more later.

>> No.29279829

>>29279263
>google search it
>/biz/ pop up
t-thanks

>> No.29279925

>>29279149
since you are so retarded I will explain something to you and try to help you out though I doubt you will listen, people like you rarely do.

Bitcoin was used as a way to send money anonymously for drugs and gambling. That was it's value, a way to send FIAT anonymously. It gained in proce because more people wre buying it for its intended purpose and others were gambling the price would go up so were investing in it so to speak. All that shit about decentralization and blah blah blah was always bullshit. It was an idea and way to show people how something like that could be done but it was never meant to do that. It can't, it is impossible because it has no value other than how much CASH you can get for it. There are no standards and no adoption of it for such a thing and it cant be done outside of small communities no different than baseball cards or magic crards. They only have value in an inner circle and their value is based on how CASH you can get for them.

If FIAT crashed tomorrow no one would all of a sudden accept baseball cards for payment not even a WILLIE MAYS ROOKIE CARD, well maybe they will give a penny on the dollar trade for that. If FIAT crashes bitcoin dies with it dipshit, it cant replace it anymore than magic the gathering cards can.

After bitcoins success as an "investment" shady fucking people got into it because it isnt regulated. It is just an unregulated market now, a ghetto style stock market. Do you even know what a market is? I doubt you have any understanding of actual finance so let me explain. A market is anything people can gamble on a market maker is just a fucking bookie. This is true for cash, stocks,commodities, anything people buy and sell you can make a market of gambling on the price.

People who cant open a business with stock offerings instead scam retards by offering shit coins then the smart money simply gambles on the price of the shitcoins just like they would any other market.

>> No.29279999

The people getting rich are the people making them, the market makers, brokers and traders.

The people actually buying the shit tokens are just sucker retards. It is a ponzi scheme and sooner or later the music will stop and everyone will have made shit tons of money except the morons who actually bought the tokens who have nothing but worthless fucking tokens

>> No.29280063

>>29279925
I’ve been on the board for over 3 years and you used to see a lot more conversations like this happening. The board is now dominated by zoomers who can’t see 24 hours ahead of themselves.

You can make profit and believe this post simultaneously. And I believe this post.

>> No.29280196

>>29278668
the government knows about every transaction ever on the blockchain retard crypto is exponentially less private than cash

>> No.29280273

>>29280063
Yah of course you can I said that in the next post. There is nothing wrong with making money off of it but these pie in the sky retards who think it is this magic future that will defeat the jews and banks etc are just stone cold retards. It is cringy af seeing them buy into this nonsense conmen are shuffling to keep interested generated in this market.

It is hilarious seeing people talking about this coin will solve this and this token will resolve this and replace this tokenb etc etc. All this shit is pointless and does nothing but keep the market going but a market of what? Who gives a fuck about solving the swap rate of ex token and the gas fees for this trade etc. It is fucking hilarious people think this shit has value or is innovatve. Great you can do all these things to spend more money on this market but FOR WHAT? To keep making money for all the people who make shittons of money selling morons meme internet tokens

>> No.29280283

>>29278032
>higher chance of profitability than gambling
Big X to doubt.

>> No.29280363

>>29277915
oh look another thread where a low IQ cumbrain uses pics of girls to get other low IQ cumbrains to reply. this shit should be a minimal 6 month ban on the site.

pathetic low IQ cumbrain virgins

>> No.29280376

>>29280196
that's not what i meant
yeah the govt knows it all, they even know what you text people. but are they coming after tyrone's ass if he accidentally admits to killing a hooker 10 years ago in a text message and nobody snitches? no. the federal government wouldn't blow their crypto analyzing load to bust grandma for selling tomatoes on the weekend

>> No.29280498

>>29279829
https://www.instagram.com/p/CLe4yUHhL4p/
enjoy

>> No.29280549

>>29280283
it actually does. It has more votality, the more volatility, the more money to be trade for traders. It is market like any other market, more votality = more profits. Forex is the most traded market, 3 trillion a day, because it is the most volatile. It is just a market not a product. You are gambling on how much the value of a dollar will be against say a euro or yen. The only difference is in forex no suckers are buying dollar bills for 10k dollars for other people to gamble on the price.