/biz/ - Business & Finance

fuck this piece of shit reee

Literally nothing is too big to fail.

>>4879063
when the people investing in it are smart enough not to download a thumbnail

>>4879063
yeah this is different. def too big to fail. our money is safe

$26 transfer fee btw

put it this way - if BTC was to fall to 7500 tomorrow - would you buy in?

When people say that something is too big to fall is because it's about to fall

>>4879063
Dotcom bubble was 10 trillion with inflation and even that wasn't big enough.

>>4879200
>if

>to big to fail

try: so big it has to fail

>>4879192
its cause you literally cant take it out, its in the safes hands in the world

1mil by 2020

>>4879177
ahahahaha

1mil by 2020
well all be rich i promis u buy my bitcoins

>>4879063

it's impossible for ledger-based crypto's like this to get big and not fail

>p2p mining of blocks to maintain and reaffirm the constantly increasing ledger
>incentive of this is to award bitcoins - whose value is intrinsically tied to current currency systems, nothing else
>as the ledger increases, # of BTC's increases, the total amount of computational effort ($$$) to check these increases as well (regardless if it's spread out over N-people)
>this alone inherently devalues BTC's

that's just one extremely easy example of how unfeasible it is as an actual currency system and applies to all of the others as well. think about doing this ledger system without the internet but instead with phone-lines and you'll immediately recognize the amount of effort it requires and how quickly it increases in proportion to the amount of people/transactions. for some reason people are inclined to believe the internet is just magic and doesn't necessitate any effort or something.
all of these systems are predetermined to fail because they are forced to deal with reality

>>4879177
lmao op BTFO

>>4879525
Doesn't apply to XLM and XRP
Doesn't apply to IOTA, XRB and BYTE