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File: 393 KB, 660x574, 160746335425551548.png [View same] [iqdb] [saucenao] [google]

Anonymous Tue Jul 26 20:15:48 2022 No.50576217 [Reply] [Original]

There's no fucking way 1 bitcoin is worth 20k. That may be someone is willing to buy/sell it for, but there's no fucking way it has an intrinsic value of 20k.

this entire pyramid scheme is going to collapse soon. blockchain is a meme

>>	Anonymous Tue Jul 26 20:17:30 2022 No.50576249 >>50576217 bitcoin is the only crytpo that isn't a pyramid scheme

>>	Anonymous Tue Jul 26 20:17:46 2022 No.50576259 >>50576217 The name is worth 20k if nothing else. Its the king of speculation, which is why it will never die because even during the worst times speculation hasn't died

>>	Anonymous Tue Jul 26 20:18:50 2022 No.50576282 >>50576249 explain why >>50576259 isnt retarded speculation literally the cause of all crashes though? 2008, stock market in the early 1900s, etc

>>	Anonymous Tue Jul 26 20:19:39 2022 No.50576293 >>50576217 bitcoin is one of the only crypto that is a ponzi

>>	Anonymous Tue Jul 26 20:20:49 2022 No.50576310 >>50576249 myeeeeeeeah it sorta is

Anonymous Tue Jul 26 20:21:28 2022 No.50576321

>>50576282
Bitcoin has crashed many times, it's famous for crashing hard, but there's no real reason for it to cause a crash in other markets because it doesn't have enough influence. The great depression was because everything was mooning, so of course that would have a huge influence, and 2008 was rampant speculation in a very influential and major asset, houses

>>	Anonymous Tue Jul 26 20:22:03 2022 No.50576333 File: 315 KB, 996x966, 1658510697428210.jpg [View same] [iqdb] [saucenao] [google] >>50576217 >That may be someone is willing to buy/sell it for, but there's no fucking way it has an intrinsic value of 20k. those are literally the same thing

>>	Anonymous Tue Jul 26 20:22:25 2022 No.50576338 >intrinsic value of 20k. Using $$ to measure the intrinsic value of something tells me you haven't got a clue what 'intrinsic value' actually means.

>>	Anonymous Tue Jul 26 20:22:40 2022 No.50576345 >>50576333 i knew some retard was going to say this lmao

>>	Anonymous Tue Jul 26 20:23:08 2022 No.50576358 >>50576282 It's been relatively fairly mined without ICO, without someone taking ownership, although you could argue that the lightning network framework and it's stakeholders is the top of the Bitcoin pyramid and indeed leeching off everyone.

Anonymous Tue Jul 26 20:26:18 2022 No.50576417
File: 289 KB, 595x547, based peasant.png [View same] [iqdb] [saucenao] [google]

i just put in what i'm willing to lose. if i win, tight, it's a nice payout. if tomorrow people decide they don't want to pay 2 roubles for a bitcoin then i can just think of it like losing money on a night in vegas

>>	Anonymous Tue Jul 26 20:34:50 2022 No.50576552 >there's no fucking way a diamond ring is worth 10k

>>	Anonymous Tue Jul 26 20:37:21 2022 No.50576595 >>50576552 its not

>>	Anonymous Tue Jul 26 20:47:02 2022 No.50576766 >>50576552 it's not, a group of jews decided it was, but diamonds are fucking abundant

Anonymous Tue Jul 26 20:47:51 2022 No.50576778

>>50576217
intrinsic value is a fantasy. Also it is absolutely amazing that there are so many people like you who don't understand the value of a digital asset that can't be copy+pasted. BTC invented scarcity of digital assets which is insanely valuable

>>	Anonymous Tue Jul 26 20:48:51 2022 No.50576792 >>50576293 damn, you're a fucking turbo-retard, dude. lmao

>>	Anonymous Tue Jul 26 20:50:14 2022 No.50576817 >>50576217 >blockchain is a meme nah it's an idea but it's one that'll used and abused by govts/central banks to make everything worse. thing the 00s libertarian dream of the internet vs the present dystopian nightmare that is web2.0 social media.

>>	Anonymous Tue Jul 26 20:50:40 2022 No.50576825 >>50576310 myanaawh it sorta isn't faggot

>>	Anonymous Tue Jul 26 21:44:02 2022 No.50577803 >>50576333 Value =/= price

>>	Anonymous Tue Jul 26 21:45:23 2022 No.50577832 File: 631 KB, 978x906, Skärmavbild 2022-07-26 kl. 23.45.16.png [View same] [iqdb] [saucenao] [google] >>50576217 One Bitcoin is worth 20 thousand dollars

>>	Anonymous Tue Jul 26 21:47:43 2022 No.50577873 File: 23 KB, 451x680, images (5).png [View same] [iqdb] [saucenao] [google] >>50576310 >myeeeeeeeah

>>	Anonymous Tue Jul 26 21:49:20 2022 No.50577908 >>50576217 You're right, there's no way the future of money can have an mcap lower than gold. That's ridiculous

Anonymous Tue Jul 26 22:25:47 2022 No.50578466

>>50576217
You guys are all retarded and do not understand bitcoin. Use 30 minutes of your time to watch this 5 year old talk on bitcoin to get the idea and then think again and decide if you want to dig deeper.
https://www.youtube.com/watch?v=UlKZ83REIkA

>>	Anonymous Tue Jul 26 22:33:01 2022 No.50578581 >>50576217 I control 0.0063 bitcoins. It's not even 0.001% of my portfolio. I just have it for the lulz

>>	Anonymous Tue Jul 26 22:38:42 2022 No.50578683 OP has a short going, ignore.

>>	Anonymous Tue Jul 26 23:16:03 2022 No.50579224 >>50576217 There's no way gold or silver are intrinsically worth the price that they sell for either

>>	Anonymous Tue Jul 26 23:17:06 2022 No.50579234 there is no such thing as intrinsic value

>>	Anonymous Tue Jul 26 23:24:54 2022 No.50579335 >>50576217 it's worth a lot more than that. what else allows you to transfer value in such a cheap and permissionless way and also immune to debasement?

>>	Anonymous Tue Jul 26 23:43:30 2022 No.50579609 >>50576282 pyamids schemes fall apart when the original people left the original bitcoiners already cashed out years ago, but bitcoin keeps going up in value

>>	Anonymous Tue Jul 26 23:44:50 2022 No.50579630 >>50576217 Intrinsic value stopped being real/relevant for anything a very long time ago

>>	Anonymous Tue Jul 26 23:47:16 2022 No.50579670 >>50576217 Poorfag nocoiner detected. Imagine betting against the future... xDDDDDD

>>	Anonymous Wed Jul 27 00:15:43 2022 No.50580115 >>50576217 There is no intrinsic value to anything fuckface. Haha you got spooked my faggot friend.

>>	Anonymous Wed Jul 27 00:28:32 2022 No.50580277 >>50576217 Yawn

>>	Anonymous Wed Jul 27 03:21:55 2022 No.50582602 >>50576217 >Intrinsic value

>>	Anonymous Wed Jul 27 03:24:11 2022 No.50582630 File: 813 KB, 604x717, 1111111.png [View same] [iqdb] [saucenao] [google] >intrinsic value

>>	Anonymous Wed Jul 27 03:28:41 2022 No.50582684 >>50576217 Have you ever asked why a number on a screen is worth anything when it's USD? Or are you only this skeptical when it's a currency that can't be printed into oblivion?

>>	Anonymous Wed Jul 27 06:46:58 2022 No.50584642 File: 2 KB, 520x521, 1630174498339-Mysterious Coin.png [View same] [iqdb] [saucenao] [google] >>50576249 There are 2

>>	Anonymous Wed Jul 27 06:48:22 2022 No.50584650 >>50576217 20k dollars has no intrinsic value

>>	Anonymous Wed Jul 27 06:52:08 2022 No.50584686 >>50576217 How about 21k? And how about 220k next year?

>>	Anonymous Wed Jul 27 06:56:17 2022 No.50584715 File: 15 KB, 480x469, 1654810129745.jpg [View same] [iqdb] [saucenao] [google] >>50576217 Name literally anything that is worth its "intrinsic value" retard

>>	Anonymous Wed Jul 27 06:58:41 2022 No.50584737 >>50576249 >first ones get rich >first ones shill it to others to buy it for higher price its the definition of pyramid

>>	Anonymous Wed Jul 27 06:59:11 2022 No.50584742 >>50576217 >plebbitor doesnt understand drugs, guns, passports, tax evasion Shocking

>>	Anonymous Wed Jul 27 07:05:49 2022 No.50584794 >>50576217 >muh pyramid skeem Kys /pol/nigger loser

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