/biz/ - Business & Finance

>>57016082
BTC will never be worthless

>>57016082
you just move on with life and wage slave like all your ancestors did. if you have kids, teach them how to cut hair and squirrel away whatever has some value.

>>57016082
This scam os great, the show will go on as long as the game masters keep making profit from it.
Just pull out enough in time and you'te set.

>>57016093
I’m saying I don’t think that way of life you’re describing will ever be an option if the implications of it ever becoming worthless were to come true.

>>57016090
This. 100%

>>57016082
then a couple of dweebs numbers go down bigly. there will be news for a day and the real world will continue to go on like before. what about it?

Not going to happen in a timeframe that’s relevant to any of us, if ever. Maybe when most of us are dead and the remainder of our generation are like 85 years old, but probably not. Your burial will probably be paid for with crypto.

>>57016116
It doesn't have a master, that's the whole point of it retard. I don't know why so many little kiddies here project their own shitcoins onto bitcoin talking about rugs, scams, masters etc.

>if BTC fails
How would it fail?

>>57016197
Massa tol me dat bitcoin was a gud gud coin

Next time it goes down I am going to put a shit ton of money in and continue putting any surplus cash I have into it so it's guaranteed to go down to zero.

This is the last bullrun.

>>57016319
there is no bullrun

it's going into the millions first

>>57016363
its going to zero
with chain failure at the bottom

>>57016090
this.
it will keep going up in value because money keeps going in one direction only (down).

>>57016374
it can only go up if retards keep on buying it
btc has already achieved maximum reach
it is over

>>57016399
>achieved maximum reach

ok bud, either a nocoiner or paid fud, the real money hasn't even arrived yet

>>57016399
Nearly every normalfag out there still thinks Bitcoin and crypto in general is a complete scam, and refuses to put a cent into it. Please, explain how it's "achieved maximum reach" when institutions are only just dipping their toes in now?

>>57016202
Internet momentarily deleted and all the ledgers fried simultaneously, which is nearly impossible and why I said the implications of it being worthless are a far bigger problem. Normies will never grasp or believe why it is far more stable than any medium.

>>57016363
Without inflation maybe a few hundred thousand, but the way things have been going with cost of overall living, easily when adjusted over the next 10 year cycle.

>>57016779
nonsense
btc is going to 10k and below

>>57016788
If you own 1 single bitcoin, you are in the top .002% in the world (.06 in the US) of all people who own bitcoin, and you really think it’s only going to be worth 10k? It may dip back down but you’d be foolish not to buy as many as you can if it ever gets close to that.

>>57016809
I am not brown like you.

>>57016082
there are so many lost/dormant BTC it can never actually go to zero, maybe like $1k if literally everyone sells what they have

>>57016888
you could buy all the btc for 1 cent
it will effectively go to zero, it will be a messy chain split after chain split after miners are forced to mine the most profitable chain and changes daily

>>57016809
>If you own 1 single bitcoin, you are in the top .002% in the world (.06 in the US) of all people who own bitcoin, and you really think it’s only going to be worth 10k?
what is this fucking logic lmfao

>>57016202
when there is so much excessive hashpower it becomes rational to adversarially mine

when an inability to organize prevents the community from making critical technical changes in time

when the people bankrolling it pull the plug

>>57017052
Simple logic, based on the ratio of world population (and US) to the total supply of btc. Same simple logic as if everyone in the world had the same amount of money each person would have roughly 4 grand and some change. 21 million really is not that much, there’s roughly only 208 million kg of gold mined today. Do you not understand how powerful it is to know the total finite supply of something to determine its value? Do you know the total finite supply of USD? Or gold?

>>57017214
Number 1 is the only thing that scares me

>>57018039
Not only do we know the total supply, we know supply shock occurs every four years. Really wish I hadn’t fully realized the implications of this until only recently :/

>>57018495
we also know well in advance when miners are extremely overleveraged

>>57016082
I disagree. BTC is already worthless. Go do a transaction with it.

>>57016501
Maybe they wouldn't think that if it were actually useful.