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/biz/ - Business & Finance

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54907425 No.54907425 [Reply] [Original]

with a block happening about every 10 minutes on average, it'll only take 1.35 days to clear if nothing new is added

Future of Finance

>> No.54907859

Banks 0 Bitcoin -1. Future of finance. Future of savings hahahahaha

>> No.54908133

>>54907425
Can we talk about how Bitcoin is a piece of shit and doesn’t deserve its market cap yet? Or still too early for that?

>> No.54908207

>>54908133
Tell me about it, BTC is trash, the queue went up to 198 blocks in the meantime

>> No.54908228

>>54907425
the ponzi is collapsing. with every difficulty increase and reward halving the network gets more unstable. electricity costs for miners will put them in the red once the market cap falls too low.

>> No.54908262

bitcoin has always been the future
and a high fee market further cements it as having no peers in the altcoin space

nobody wants to bet on a technology (altcoin) when technology disrupts fast and frequently.

>> No.54908272

>>54907425
Bitcoin is a failure as a currency, a failure as an inflation hedge, literally just a gambling token.

>> No.54908316
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54908316

>>54907425
Couldn't happen on any usable chain am I right.

>> No.54908373

>>54908316
geez Emin, go away, play with Kyle or something
https://cryptoleaks.info/case-no-3

>> No.54908422

>>54908272
the opposite
there isn't a single altcoin that provides any competition to bitcoin as money, they all compete on the short-term trends of tech, utility, adoption, etc
no alt has even made any steps into being considered hard, neutral money, because it's impossible while bitcoin still exists. you can't print a new hard money into existence, it has to grow from zero.

>> No.54908911

>>54908262
> Nobody wants to bet on a technology (altcoin) when technology disrupts fast and frequently.
I know shit but if mining prices always end by being unsustainable, it looks like people will be forced to.

>> No.54909920

>>54907425
and to think that BTCucks used to make fun of BCH

>> No.54909938

>>54907425
>tfw literally lost a grand in gas fees on bitcoin to get frontrun on a buy transaction that ate the gas and then reverted.

>> No.54909986

>>54908911
Mining never becomes unsustainable, it's regulated by an algorithm. Why even comment if you don't know shit?

>> No.54909997

>>54908422
Monero is replacing Bitcoin on the darknet.

>> No.54910036
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54910036

>>54907425
Every thread about BTC I see these days is like a cry for help. Dump all that and swap it to a coin with real utility before it goes bust.

>> No.54910141
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54910141

>>54908133
People have been saying this since the beginning. If you don't hold a whole coin yet then you're too late and you might as well accept you'll never make it.

>> No.54910187

>>54907425
Wahhhh I don't want to pay more feessssss

>> No.54910388

>>54909997
it's being used for a sizable percentage of drug transactions, but that's it.
black money flows on bitcoin and ethereum are each much larger than the total volume xmr has on all exchanges. unless you presume a very unrealistic average tx value on monero they're each larger than all xmr transactions too.