/biz/ - Business & Finance

>>56453940
>Reddit
Dr;ns

My linkies stay stinky. 1k

I don't have to defend crypto. I know it's a shady scam bought into by idiots who get conned out of their money.
I enjoy that money.

Guys reddit is laughing at us again

>>56453940
>beanie babies
really scraping the bottom of the barrel here

>>56453940
Right now it's just a means to trade and make money. Thats a great thing in and of itself. But does that mean it won't eventually be adopted as a genuine currency in the future? No.

Short term thinking. Crypto will take decades, maybe centuries to properly replace currency as it is now. So what? Doesn't mean its not the future.

Anything that has the potential to remove power from the banks and governments and put it in the hands of ordinary people is a good thing. Does anything offer it now? No. But the idea is all it takes, eventually something will do what needs to be done to get it in place.

>>56453940
> doesn't care
> writes gigantic text wall on a subreddit for obsessive btc bears
r/buttcoin logic at its finest.

>>56454020
fuck you.

>>56453940
buttcoin has no response to this.... because they're not allowed to be on reddit while they're waging

>>56454020
Plz no

>>56453940
oh won't you look at that, I didn't read!

>>56453940
>gish gallop

>>56454084
Don't you want your mother to pass away peacefully in her sleep anon? Why did you reply? Do you want her to die screaming on fire?

>we don't care that's why I wrote this wall of seethe

>cope lvl: infinite
kek my fucking sides. imagine missing out on generational wealth for over a decade because you’re terrified of anything muh guberment hasn’t pre approved and packaged. plebbit literally never wins

>>56454020
retard

>>56454020
>she is now safe another day

>>56454020
fuck you

>>56454180
this. didn't even read. length invalidates the proposition they don't care, they obviously care a lot

>>56453940
Why would I waste my time explaining technology to obvious boomers? They probably support Israel, kek, faggots.

>>56454020
devious

>>56454020
why does this cruel tradition continue?

>>56454020
fuck you

>>56453940
>principal
Lmao

>crypto is a really bad investment because muh fundamentals
Performance is the only thing that matters.

>YOU LITERALLY CAN'T CASH OUT
>IT'S MATHEMATICALLY IMPOSSIBLE TO PROFIT
Guess I'm special then, since I already did both of those things.

>Muh ethics
Like I give a fuck.

>>56454088
Imagine malding about BTC for 12 years and not buying any.

>>56453940
>click on image
>reddit post
>close image

DR;NS
stay poor and dumb faggot

>>56453940
Why do they care so much

>talking points are #2 and #8... from what list?
>Switches from bulleted, numbered, and lettered lists in a single list

A retard wrote this

>>56454020
.

>>56453940
Why do they have to talk like such infantile faggots

>>56454273
the same reason reddit malds over everything. they think that because they're against crypto theyre "le heckin good guys" and anyone who buys crypto is an "evil villain and must be stopped"

>>56454268
>YOU LITERALLY CAN'T CASH OUT

The "you can't cash out" meme is beyond even cope, its disconnected schizo shit. Bitcoin has more liquidity than a lot of stocks at the same valuation. Saying you can't cash out is denying reality because you cannot accept you were wrong. Q-tard level shit.

>>56454020
reply

>>56453940
My response is go back

>>56454088
So there's 165k people seething because they didn't buy it.

>>56454268
Also,
>crypto doesn’t have any intrinsic value, because… it just doesn’t!!
Patently fucking stupid. Of course crypto has intrinsic value. The value is the price. If it has a price, it has value, intrinsically. What a moron.

>>56454020
Duck u

who here /gooning/

>>56453940
Ok I actually read it, and my response is this. Classic midwit thinking he's a genius, spewing out claims that don't stand up to scrutiny. Example
>number go up != store of value
Over a long enough timeline, the ability to retain value is exactly what makes a store of value. I'd suggest that 14 years is enough data to support the SoV argument. Moron R*ddit cuck has started with his conclusion and is now working back to try and support it. That's ok. I don't want him to buy and I don't want him to make it. I want him to live a life of bitterness and ragret

ass blasted redditors seething over a small pump is a clear bottom signal

>>56454669
Well technically currency/money is considered to have no intrinsic value. The underlying commodity which implements a money may, like gold has some industrial use, bitcoin has use as a decentralized database, but the price of bitcoin isn't based on its intrinsic value.

But yeah, its is a retarded argument to say bitcoin has no intrinsic value, because for one it does have some non-zero intrinsic value as a global, reliable, secure, resilient database, but secondly it doesn't matter because its just semantics. Money has utility and value, it just isn't usually classified as intrinsic. But what people call it doesn't change the utility or value.

>>56453940
The sheer cope of r/buttcoin is painful to look at
>butters come in here gloating!
All these tards do is gloat about crypto people losing money, then make up excuses about why making money is actually bad when people do make money

>>56454490
They are pathetic children who can only think in black and white.

>>56454020
N

>>56454020
bitch

>>56454020
Nigger
Captcha: WTG4Y8

>>56454020
Fuck

>>56454268
>Guess I'm special then, since I already did both of those things
No you didn't, buttcoin assured me it's impossible.

don't care, making money
good to see retards over there still seethe uncontrollably though

>>56453940
>salty redditor raised by single mother

paint me surprised

>>56454020
well plaid

>>56453940
Nigger

>>56455656
>traded rich friends for poor friends
>they told him to buy btc at the top
>became broke
>learned how to be happy with being broke
>dumped his broke friends and reconnected with his rich friends
what a really positive story

>>56454020

>>56455454
>>56455656
this guy is a textbook example narcissist
he literally cant admit whenever he talks retarded bullshit like with the whole cashing out thing
the sub would be 10x better if he would just fuck off and stop being salty nobody gave a shit about his wish.com Line Goes Up documentary
nowadays its literally dead, only reason to go on there is to see him sperging out and watching retards cope in either direction during large price increases

>>56454020

>>56454234
It was started by an anon who went by the name Roko's Basilisk

>>56453940
the main issue with /r/buttcoin is that a ton of their arguments come down to appeal to authority, but in a truly retarded way

for example, a lot of idiots on there keep quoting jorge stolfis personal blog on why bitcoin is a ponzi scheme, and if you argue in any way they are like "nonono see he is a computer science professor hence why youre wrong"
how does being a compsci professor give you any authority on legal or economic matters is beyond me. especially, stolfi literally wrote a letter to the SEC in 2016 and they haven't given a shit about his argument, quite the opposite actually
you can notice almost any authority cited on there is a compsci expert who for some reason magically becomes an economic expert to them as well regardless of how retarded their takes are.
thats especially sad when there used to be actual good technical discussions on that board

now that retard mod has no idea about either topic kek

>>56454020

>>56455656
fucking kek
>>56455901
the main issue with buttcoin is the same as with all other crypto reddit subs
it's low iq folk that can't count to three upjerking each other
spending time replying to anything there is a waste of time

>>56454020
Fag

>>56454020
mother fucker

>>56454020
Protection dog ended you.

>>56454011
Checked

HAHAHAHAHAHAHAHAHA

>>56453940
>Reddit wall of text
Yeah I'm thinking op is gay

>>56454186
Some people enjoy slavery. But more importantly, they get mad if don't.

>>56457672
Going out of his way to make himself stay poor lmao

>>56454020
lol got me

>>56454020
Fuck your mother if you want fuck

>>56454020
Pee pee poo poo

>>56454020
faggot

>>56454020
fag

>>56454020
Punk ass nigga

>>56454020
eat shit anon

>>56454020
poopyhead

>>56454020
evil

>>56454088
This shit is hilarious

>>56453940
Holy shit these buys make like fuddies look like tame reasonable individuals. There is so much cope on r/buttcoin it's kind of scary

>>56454020
Bro wtf

>>56453940
anything that subverts jews is good
jews control traditional finance
bitcoin dismantles traditional finance
bitcoin is a direct attack on jews
thus, i support bitcoin

in other words:

negation of A is preferred
B follows A
C negates B
C therefore negates A
C is preferred

>>56454020
Nigger kys

>>56454020
Basterd

>>56454020
Fuck you and fuck reddit too

>>56454268

Everyone who has ever bought Bitcoin has lost money, even when it went up, it crashed, and 100% of people who bought it lost. Even now as it went up, people are losing money.

Oh and while they're losing money, they can't cash out. It's very simple you see, meanwhile my bank is holding my money safely, don't look at my interest rates, just know my bank is better

>>56454020
Bitch

>>56459574
Jews are based

>>56454020
fucker

>>56453940
not reading that shit. bihcoy gongo up.

>>56454020
U die

>>56454020
I thought we were more mature than this

>>56454020
Wow what an absolute nigger where's my fucking immunity dog when I need him

>>56460109
right here bro

>>56460116
For good measure

>>56460116
Thank you so much I love me Mum

>>56454020
kys

>>56454020
aya

>>56454020
fck u

>>56454020
Eff you

>>56454020
Fuck

>>56454020
Impressive, very nice.

>>56454020
Fuck you asshole

>>56454550
To be fair. If you only count real fiat pairings, not stable coins, it's a different storry. But usdc liquidity is legit for the most part. It's mainly usdt, tusd, and now fdusd that can't be thought of a "real" in quite the same way

Holy tldr batman

>>56454020

>>56454020
Fuck you asswipe

>>56454490
They are, indeed, "le heckin good goys"

>>56454268
>Performance is the only thing that matters
Why is this so hard for normies to understand? Lets say I see a guy in the gym with massive arms, I ask him what exercises he does, and he says he just does curls. Do I seethe and tell him he's stupid for not doing _____ exercise instead? No. His results speak for themselves.

>>56454020
Pussy boi

>>56454020
man how many times have i fallen for that damn gif

>>56454020
kys nigger

>>56454020
no one will notice that i'm leaking staking 0.2 early access december 6th

>>56454020
Go fuck yourself, cunt

>>56454020
Duck off

>>56454020
:|

>>56453940
It's in poor taste to laugh at redditors. It may feel justified in the moment if you read something you consider some mix of stupid/arrogant, but you don't realize that most of the people behind the posts you see there are literal teenagers trying to find their voice and way in the world, and their brains are getting fucked up every day by the mechanics of social media. Don't be a part of it and make it worse for them, and by extension worse for humanity as they take the mantle in the coming decades.

>>56453940
>It's mathematically impossible for even a stastically-significant percentage of crypto holders to have any notable ROI
God redditors are stupid

>>56461014
Mocking stupid teenagers is not making it worse, it's making it better. Teenagers that are never mocked and ridiculed by their friends and family for the stupid shit they say become arrogant adults. You need a healthy dose of humbling at that age.

>>56453940
Pretty classic midwit seething, doesn't really have any impact. Get a job.

>>56453940
Far. Far. Too, long.
Now, back to the safe space.

>>56461014
>>56461060
Both posters are correct

>>56454020
n

>>56454020
Nico nico knee

>>56454020
Fuck off

>>56454020
Test

>>56454020
Reverse uno card for you

>>56454020
Niggin

>>56454020
cunt

>>56454020
Fuck!

>>56454020
i will rape you nigger

>>56454020
REEEEEEEE
there hope you are happy faggot

>>56454020
nigger

>>56454020

Fu

I've seen this exact fucking thread countless times
kys and all fields