/biz/ - Business & Finance

>>50508819
There's nothing to know. it's all a scam. it's all useless. The only reason the network is secure is because mining is profitable. When it's no longer profitable expect 51% attacks. It's literally over it's going to 0$ don't buy

>>50508873
better be safe than sorry

>>50508819
Etherum lmao kys pony faggot dick swallower

>>50508819
>basically if no one can stop bitcoin

They can try and make btc dump very hard.
But the fact is that black market in general (drugs, whores, wepons, etc..) will still going to use BTC no matter how hard the ban would be in every single country.

It's like torrent sites. Peer to Peer.

You can fuck pirate bay and cause some trouble after years of free piracy.

But in the end, people always gonna find his way.

BTC is a door open that cannot be closed anymore.

>>50508873
You have a point but is mining really profitable for the majority of miners or is it just a lottery?

>>50508819
No that's pretty concise and mostly accurate.

Hit the nail on the head for Monero, shit-tier investment but does precisely what it says it will do.

>Going all in on ETH and not matic as well

NGMI anon

>>50509567
why?

>>50509443
Except bitcoin is not used for illegal trades anymore

>>50508819
>and the crypto that makes everything possible

bitcoin doesn't do shit besides being a financial network purely to do Bitcoin transactions. Don't get me wrong, this is super important to have a financial network that the US nor the Chinese nor Russia have the ability to censor transactions. But this is what the innovations of crypto offer, completely removed from the BTC ecosystem.

https://www.youtube.com/watch?v=oDJfu4WsTrM

Perhaps someone will mention what technology makes the above possible.

bitDAO is the best fucking dao this side of mt etereum.

>>50510179
Oh, I see it was mentioned already, nice. You're on the right track OP

>>50508819
Link price eoy?

>>50509498
>What is bitcoin difficulty retarget.

>>50508819
Everytime I see a thread like this it makes me happy that I sold at the top and exited one of the biggest unregulated tech pump and dump schemes ever.

There's still no adoption you retards,
the golden age of ordering drugs on the internet has passed and transactions are still just as inefficient as they were during silk road and agora era. There is no decentralization while whales and exchanges exist. There's clear indications that Bitcoin moves with the stock market. You literally can't do anything with it except sit on it and wait for a chance to sell at a profit and right now there's only small gains to be made, you missed your chance.

These small rallies are not signs of long term recovery, these are tiny pumps that we've seen in the stock market before a major crash.

If you still have a large amount of your portfolio in this fake internet money, you're a retard. Web3 and Crypto was always a speculative financial vehicle, whatever bull shit project pulled you in is going to fail because it was always meant to be an exit scam.

>>50510179
LN transactions CAN and HAVE been censored

>>50510179
I don't have time to watch the video before the thread gets archived, what is your video about? what's the innovation you're talking about? in the end every currency will compete against each others, and I don't think a centralized currency will win in any way long term
bitcoin can act as a public database since you can store cryptographic proofs in it, it allows to preserve any data (even if the data is false, but that's normal)

>>50510364
I don't think you read my entire post
besides, I know that bitcoin can scale to millions of transactions per seconds on chain, but that requires better hardware which we don't have (fiber everywhere on earth, cheap exabyte personal storage)

>>50508819
Nah you're on the right track

>>50508873
this. the only way the network will remain secure after the supply is mined is if people actually use it to transact, but no one uses it to transact because
>line go up!
>HODL mode!
It's over. Use monero if you want to buy something.

Hi again liminal bro how's life

>>50510572
So what does "scaling to a million transactions to scale" actually mean when one large transaction can still take hours to complete, with the price rapidly fluctuating ? Businesses know that it can lose value DURING A TRANSACTION and that's why you can actually buy anything with it except maybe a pizza or smoothie at some gimmicky food vendor place ?
Even Tesla realized how retarded they were for accepting BTC as payment and pulled the plug on that fast and they're unloading their BTC at a loss to juice their books and keep their stock afloat.

you are like all the normies 4 years behind.
no eth wont play a big role in the future anymore, it barely has any at the moment
xmr is such a niche market, nobody beside a few 1000 pedophiles use it
and btc, not the most secure since 2017 and overall a failed proof of concept

>>50508819
Sauce on place in pic? Always wanted to swim thru a sunken building.

>>50511063
what is the most secure then? I don't believe you

>>50511260
jared pike blender models

>>50511327
The most secure is Monero, but normalfags don't care about security. That was never what gave Bitcoin perceived value anyway.

>>50508819
That's why I'm f*cking stacking it and building my portfolio with raiinmaker by monetizing my social influence. Degens are using the platform to post curated content for the project they believe in and stack cryptos.

>>50511483
you're confusing security with anonymity, security means integrity of the data

>>50510207
Anon, create to earn projects will be a huge success. They enable content creators to take back the value of their social capital. Raiinmaker for instance, allowed normies to earn a fair share of the social value they have created.

>>50511759
Sound good, fag. This means i can monetize my social influence and stack cryptos regardless of the size of my audience. Cool!

>>50509969
Big call. There is still people out there who thinks BTC is anonymous. xxvkw

>>50511063
>xmr is such a niche market, nobody beside a few 1000 pedophiles use it

lol organized crime syndicates and Latin American narco cartels are using Monero now,

>>50511636
Data is most secure when it's not publicly available. It's why Apple products have so few viruses compared to Microsoft.

>>50512282
you don't get it. if an anonymous system is badly protected against attacks, then it will simply stop working. that's security.

>>50508819
>anything missing?
Idk, maybe that 14 years in BTC doesn't scale and ETH 7 years after their crowdsale doesnt scale for shit either and eth2 isnt gonna fix it?

>>50512943
>>50510572

>>50508819
Imagine shitting amd cumming your pants while walking down those stairs, bros.

>>50513032
yeah nah it doesnt require better hardware. picrel is true, yet crypto is 99% scam directly or indirectly.

>>50513106
it does require better hardware, because the consensus disagrees that the bloc size shall be increased, because not enough people would be able to compete.

>anything missing?
$LACE.

The Back Rooms are the spawn of Satan!

>>50511260
It comes from Satan

>>50508819
Nice, you've recited all the main talking points from mainstream shills. Do buy BTC though

>>50509538
>Monero
It is cool to hold Monero but it has limit to the number of tokens or assets it can keep anonymous, you need to hold the token to make use of ts privacy protocol unlike Railgun

>>50511483
Agreed. More attention should be given to asset security and privacy solutions going forward. It would make the crypto ecosystem safer for users.

>>50508873
>it's all a scam. it's all useless.
Kike.

>>50510364
>the golden age of ordering drugs on the internet has passed
Lmao, this nigger has no idea what the fuck he is on about.

>>50513197
>because not enough people would be able to compete.
oh sorry, i forgot bitcoin was a communist democratic system with blockstream as the gatekeepers who we must please so they approve our suggestions if they feel like it. what hard money they created! about as hard as their limp core cuck dicks. SegWit forked Bitcoin and soon every last retard will understand it.

>>50509443
>black market in general (drugs, whores, wepons, etc..) will still going to use BTC no matter how hard
Except no one uses bitcoin on the black market anymore, they use monero now.

>>50508819
>Bitcoin, Monero and Eth
None here is a bad buy, but I am going to buy some more tokens to ETH like RIDE, KILT and IOST on no particular order.

>>50508819
Ponzi on crack. Possibly the only non ponzi is LRC and IMX because they power the gamestop nft platform.

>>50510207
What are your reasons anon? I find the Dao on Railgun interesting cause members get to vote on future blockchain deployment of the privacy protocol.

>>50520367
Don't engage with the shills, please

>>50508873
Mining isn’t profitable and hasn’t been for a while now

>>50510303
I'm thinking it could get well above $30. What's your take on metaverse lands?

>>50510303
I'm thinking it could get well above $30. What's your take on metaverse lands?

>>50520581
I think it keeps becoming more competitive and consumes a lot of power which just equals more bills.

>>50516605
it has nothing to do with blockstream but yeah, the most powerful can't change bitcoin, there needs to be a consensus. communism is a bit strong though because there is no money in communism, bitcoin is closer to nature

>>50508819
11 posts of this id and only ONE tilepool post? FUCK YOU,post more tiles next time

>>50508819
>bitcoin is the most secure crypto
WRONG! STUDY HARDER NEXT TIME AND COME BACK OKAY BUB?

>>50521978
fake news