/biz/ - Business & Finance

>>7785575
Large financial institutions are already buying cryptos. Why do you think they will stop when there’s so much profit to be made?

Stopped reading after first line

Awareness != adoption

And they're only really aware of BTC and maybe XRP/TRX

Market cap is still tiny, these currencies arent adopted until the total market cap is 20 trillion unironically. Then you're allowed to make this thread

>>7785575
Tell us a bit about yourself.

>>7785642
Age, Job, etc

>>7785592
I don't think that big players will stop using crypto until it's regulated. I didn't comment on any such matters.

>>7785634
> stopped reading after the first line"

brainlet confirmed, it's a long post - sorry I couldn't sum up the whole thing in five monosyllabic words for you. Adoption is discussed in my post. To sum it up for you: there is basically no such thing.

Adoption of crypto for speculative investments: Hardly anyone has the appetite for it in the first place, anyone who wants in can already get in.

Adoption of blockchain tech in real world: dubious utility in the first place, and NO CONNECTION with the shitty meme coins in our wallets *whatsoever*

>>7785642
Crypto-wise, I've been in since 2013. I'm down a lot since Dec/Jan but still have more than 10,000 anons put together.

>>7785719
I dont nees to reas your garbage if your premise is wrong and you talk like a salty nocoiner trying to convince himself of something, the same kind I've seen the last 2 years

>>7785575
wow you are an idiot

>>7785592
OP is a brainlet but so is anyone who seriously thinks large institutions will/can buy crypto without regulations

>>7785742
>>7785744
>>7785745

>>7785742
>>7785744
>>7785745

^ think that one day they can use their DOGE to leverage government databases.

^^ think that the DVLA will have a "crowdsale" of "tokens" and if they buy enough, they can hax0r and get a licence at 13yo.

^^^ think that the prison system will switch record keeping to a DOGE-pegged blockchain and they will be able to buy and sell parole opportunities.

"Everybody heard about it" doesnt equal to "everybody bought in".

Relax anon, you are gonna make it.

>>7785828
>a digital coin with a meme dog on it is capable of replacing and decentralized all world currencies and installing a global world currency
> a salty nocoiner will actually try to downplay this

>it's another white middle-class burger thinks his filter bubble is the entire world episode
come hang out in france, anon. i'll treat you to some good food while we watch the blank stares we get everytime we talk to someone about ethereum
burgers are less than 5% of the world yet 40% of the people on exchanges, completely disproportionate. anecdotal evidence will give you a warped idea of the market

>>7785575
You’re forgetting the power of the people. If a collected mass chooses to use blockchain tech to store their funds safely without the government overlooking transactions then and only then can we say that crypto has gone mainstream. Till then we sit and wait for the current system to implode and smart money realises there’s ways of keeping their money safely out of reach of govt and federal reserve.

Just wait and see. 2018 is the year, we will see the inevitable crisis strike down and create a drought of gold and silver. Next best thing? Crypto.

>some tech nerd millenials know about it so that means mass adoption ;^)

LOL

Someone sold the bottom.

Do you know how much it'll cost to mine their own block chain the size of Bitcoin? Trillions. They'd be smarter to just buy the one already there

>>7785575

Literally didn't hear a single soul apart from few aspies talking about crypto during Dec/Jan and only saw couple topics of Bitcoin (nothing else, no mention of blockchain, ETH or anything except for Bitcoin) when it peaked at 20k ish

>>7785872

> Can't read past the title.
> Why in god's name would everyone buy into this, any more than everyone would put their savings down at a casino? There have been investment opportunities open to normies forever, and only a tiny % actually buy in.

THERE WILL NEVER BE "MASS ADOPTION" OF CRYPTO AS A SPECULATIVE ASSET, WHY THE FUCK DO YOU THINK NORMIES WANT TO GAMBLE THEIR SAVINGS ON SHITCOINS?

And, yes, I am going to make it. I already have, lamo.

>>7785909
I'm from the UK, everyone here knows about crypto as well.

>>7785985

That's because you didn't leave the basement or go near another human being.

>sellers and shorters assblasted the market is going back up

i will never tire of this

>>7786063

literally have more crypto than 99.9% of people here, been holding and buying since 2013. Fucking lol. I will be exchanging my meme coins for fiat and not waiting for the day that I can overthrow a govt with muh private keys.

>>7785575
every bitch i meet off tinder doesn't even know what bitcoin is

stfu

>>7785719
Fine. Just let go of your frustration. You will make up your loses just fine . No need to let rage take over.

>>7786093
and how much do you have

>>7786176
This is a common case. Lost a lot and is frustrated .
Thats all.

>>7785745
Regulations are impossible in crypto (other than basic KYC requirements that are already in force). Crypto is international by its nature, it can be easily manipulated from abroad by those who control the supply. And because of blockchain immutability and irreversability of transactions, crypto is subject to hacker attacks and security breaches.

>>7785575
>Unlike shares, they confer no voting rights or dividends

thats what i was thinking when people say btc to 1mln usd.
why would rich people buy it? when they can buy stocks that give them 10% yearly dividends.
at the same time poor people dont like buying a fraction of a btc/if it were worth 1miln)
the only reason you would buy btc is because you think it will increase in value-----> greater fool theory

>>7786176

high six figures

>>7786332
Why do rich people buy gold?
pays no dividends
no voting rights

people are idiots but there will be mass participation. bitcoin etfs are going to be approved.
imagine in the far future "crypto brokers" and crypto advisors being rolled into the job of financial advisors. there's too much money to be made by traditional institutions not to shill something new like this

>>7785575
>we already have near total awareness of crypto/btc and 99.9% of nomies know as much about it as they ever will.

stopped reading you are fucking retarded

>>7786361
he's right tho

gold market cap is currently 8 trilion, what does gold do better than bitcoin? absolutely nothing, it's essentially way shittier version of bitcoin, hard to store, move, buy, sell, transaction fee of bitcoin is nothing compared to what you would have to pay when transacting gold

>>7785970
literally everyone knows about bitcoin, even my grandma

>>7786375
>he's right tho

>>7786347
same here - you don't realize that crypto is an entirely new asset class and basically stocks 2.0?

what we're buying now is like buying internet protocols in the 70s and 80s

>>7786347
>investing since 2013
>high six figures
Either you're a pajeet who started with 10 dollars, or you're a brainlet who doesn't know how to make money.

>>7786379
>What does gold do better than Bitcoin?
KEK

>>7786379
>what does gold do better than bitcoin? absolutely nothing
Gold actually has real-world applications, you're using a computer, you should know this.

>>7785575
>we already have near total awareness of crypto/btc and 99.9% of nomies know as much about it as they ever will. In Dec/Jan every time I left the house, someone was talking about it. Male, female, old, young.

>he lives the bubble

kek, you'd be surprised at how many people know absolutely nothing about crypto

there will only be true awareness the majority realize the benefits of crypto over fiat. hell, most /biz/ posters don't even know why crypto is good and think it's magic meme coins

>>7786379
Thats absolutely true. I was a gold and silver guy (BARS) . Have been studying BTC and crypto heavily for a couple months . Dropped the gold fast.

>>7786457

A bit of both, I bought only ~5 btc back then. I don't believe that active trading is profitable, nor does anyone with half a brain. I could have risked more on shitcoins but in fact I would have done better had I risked less. There are not many popular coins from 2013/14 still around, let me assure you.

> people whose shitcoin happened to go 100000000% last year thinking they are trading gods.

>>7786507
Oh man , please don't . You don't know what you're talking about . You think gold prices are attached to its use? NO

>>7786507
the real world application of gold doesn't begin to justify 0.1% of its traded value

now kys

>>7786523
>benefits of crypto over fiat

like how a typo means your savings are gone forever? How it takes 50 times longer to send than a normal (and free) bank transfer? How the UI's could not possibly be worse even if they tried?

gtfo if you meant some kind of wider sociopolitical chit, because no normie GAF about that; only incels who have been rejected by the prevailing system and so want to see it collapse. Normies rather like the current system.

>>7786356
Crypto as it stands today is purely speculative. In fact, it's more speculative than it was years ago. Not being backed by any real commodity and revenue will only attract other speculators rather than traditional investors.

>>7785885
>what is IBM hyperledger

>>7786625
>How it takes 50 times longer
this is not remotely true for 99% of cryptos

>>7786625
Btc transactions have been taking less than 30 min for me while my bank takes 1 business day for a mobile check deposit

>>7786528
Oh, and by the way, do some research as to the amount of people dropping gold. The Perth Mint is already making a cryptogold token to try to lure people back. Look it up, they already realised why people are selling back in large numbers.

>>7785994
What about the funds managing the normie's money?

>>7786355
Gold is sought because it doesn’t move. It barely returns anything, it’s stable.

>>7786678
Bingo

>>7785575
Do you know how much money is in stock market? Do you know how much guaranty you'll get when investing in stocks?

>>7786689
Sure, thats why i dropped it. Had i purchase BTC back in 2010 instead i'd have 80M.

>>7786658
>my bank takes 1 business day for a mobile check deposit


What kind of shithole poverty country do you live in? In the UK we can send pretty much any realistic amount "instantly", literally within a few seconds it will show up in the recipient's account. Fucking lol, crypto is so far behind as a currency it's unbelievable.

>>7785994
>THERE WILL NEVER BE "MASS ADOPTION" OF CRYPTO AS A SPECULATIVE ASSET, WHY THE FUCK DO YOU THINK NORMIES WANT TO GAMBLE THEIR SAVINGS ON SHITCOINS?
Precisely. I don't get this argument, "most normies still don't know about crypto exchanges". Hell, every crypto exchange is in the top 1000 most popular sites on the internet, this is verified data. While new people will continue coming to crypto, there's obviously a limit on how many people are ready to gamble.

>>7786678
Won't touch it. Too risky:
>easily manipulated from abroad
>insane volatility
>bad track record, exchanges get hacked every year (the last time was recently)
>potential security breaches (51% attack, LN vulnerabilities)
>potential irreversible hack attacks

also those ads on facebook and around the web: buy then next bitcoin and become rich, or buy btc and become rich...

>>7785575
OP is retarded.

>>7786858
>we are here
So crypto exchanges must become to normies something like Google and Youtube? Coinbase is already almost in the top 100 in US.

>>7786625
>How it takes 50 times longer to send than a normal (and free) bank transfer? How the UI's could not possibly be worse even if they tried?

Are you even trying? Maybe the UI thing is true for the old coins, which in turn is being solved by many many new implementations.

Everything else you said is a fuckin LIE. I can send crypto to ANYONE in the world. If I wanted to do the same with a bank, I'd have to set up a wire transfer from my bank to your bank which could take day(s).

Shit like cashier's checks fees and wire transfer fees are outrageous compared to the pennies you could be paying on crypto for WORLDWIDE transactions.
>inb4 muh 50$ transactions
Stop reading contrarian news articles and DYOR grandpa, there's many alternatives to the over-inflated bitcoin transaction fee shart.

Mass adoption is irrelevant.

4 people could be exchanging their services using Bitcoin as a mean of exchange and their purchasing power could still grow without requirement for a fifth person to enter their system.

It's called productive improvements and pouring our production into the means of exchange to add value to it.

>>7786328
You think international regulations don't exist?

They do and the financial sector is one of the most heavily regulated. Google Basel 3

>>7786858
>comparing the market cap of stock market companies to some internet meme money

>>7786858
> arbitrary comparison to a different bubble from the past
> convinced crypto must follow the same pattern and valuation
> because...
> because...

>>7786898
>You think international regulations don't exist?
But you can't apply them to a decentralized, anonymous currency. As long as some countries stay lax, there will always be pitfalls.

>They do and the financial sector is one of the most heavily regulated.
True, but crypto anarchy is not finance.

>>7786889

Move to a first-world country, you peasant. Bank transfers taking days? What the fuck, do they send a boy on a donkey to take the cash to the other branch?

I can already send real money on my phone to anyone else within 5 seconds, for free. Maybe crypto will make it "within 4 seconds" lamo, I can't wait. Muh spare time.

And, yes, I know that btc tx fees are bullshit and there are free tx coins out there already. But you can't get cheaper than free, and banks are already fucking free to use, you absolute mong. In fact, they normally PAY YOU (small amounts of interest). Unless you live in umbongoland where the bank is a mud hut and you have to sacrifice a goat to open an account.

I wonder if American institutions start investing in bitcoin on a large scale (they won't), will this be an incentive for the chink government to pull off a 51% attack?

Lol faggots thinking binance will be hacked

>>7787008

You're a lying fucking NIGGER. My cousin sent me 2.4k from a German bank and it took 8 FUCKING DAYS to get here to the U.S. Why? You're gonna tell me they don't know about the 2nd largest bank in Germany? FUCK OFF.

>>7787008
In Australia takes 24hours minimum for interbanking payments TO CLEAR. Sure anybody can SEND in 5 seconds , you can send it in 5 seconds with BTC too. Transfers abroad takes a week.

>>7786924
You're right, crypto will probably reach a higher valuation since it's global and deals with fintech.

>>7787069
Im starting to think this the guy is an angry boomer.

>>7787069

Just checked my messages again, he paid 12 fucking euros. Holy shit are you ignorant.

>>7787108
>will probably reach a higher valuation since it's global and deals with fintech.
What you're talking about is IBM Hyperledger

>>7787008
I meant this guy

>>7785575
>In Dec/Jan every time I left the house, someone was talking about it. Male, female, old, young.

So you live in South Korea?

Otherwise I'm calling bullshit.

>>7786954
The point is that as long as this is the case, large financial institutions cannot meaningfully get into crypto.

They are heavily regulated and have humongous compliance departments to deal with that. You think that in the wake of the GFC, they will be allowed to do Casino Capitalism 2: Crypto Boogaloo?

Hell, crypto isn't even meaningfully defined as an asset class yet. Is it currency? Commodity? Security? How about utility tokens? What about PoS tokens? Etc.

Banks and such cannot touch crypto as long as these things are not settled. Why do you think crypto ETFs slammed against a wall? Why do you think crypto futures can only be settled in USD and not crypto, even though the underlying is crypto?

As long as there are no regulations, financial institutions can't get in. If regulations are not possible, financial institutions won't be able to meaningfully get in and the crypto market will lose out on billions if not trillions.

>>7785575
>we already have near total awareness of crypto/btc and 99.9% of nomies know
Retarded statement, about 99.9 of people dont have crypto, and sure some people have heard that bitcoin is worth alot but no one of them dont know anything about it

>>7785575

Yawn. All heavily debunked points. It's not going back to 6k anon, give it up.

>>7787136
EFT's in April. That will be the beggining.

>>7785745

>>7785951
Begone Ron paul!

>>7787143
>Retarded statement, about 99.9 of people dont have crypto

99.9% of people *don't want* crypto, you mong. What kind of idiot gambles (literally GAMBLES) their savings like this?

EVERYONE KNOWS ABOUT CRYPTO

MOST PEOPLE DON'T WANT ANY PART IN IT

>>7787181
Source that isn't speculation?

Highly doubtful that this will happen without being accompanied by massive regulations.

>>7786355
Recent flash crash in us stock market refuted the crypto=gold claim. Precious metals went up and cryptos tanked hard. Anyone preparing for a real world crisis with crypto is fucking delusional. What will crypto so for you in a post apocalyptic world with no internet?

this is an official desperate bear fud thread

please give it up Omegafeggit - its never going back to 6k so buy in now or stay poor.

>>7787236
you're wrong. How many people are into drugs, gambling, pyramid schemes(nevermind the legitimate usecases)? Those people want crypto and they are much more than 0,01%

>>7787278
hey nigger if the world experience anything that takes out the internet your shiny overvalued rocks are going to be just as worthless

You better be hedging yourself in seed, guns and bullets if thats the case you fucking doomsday bull prepper

>>7787278

Crypto isn't for a post-apocalyptic world, it's for a tech-heavy world where speed, digital privacy, and trustless systems can exist.

Crypto isn't for Fallout, it's for Brave New World.

>>7787236
Sure, until BTC breaks ATH again in the next months and greed takes over again. They are coming in waves . Also , one can put in $500 ,
$200 , $2000, $10000. One has options.

>your shiny overvalued rocks are going to be just as worthless

Serious issue, btw >>7787015

>>7787128
no one cares about IBM's hypercuck whatever. No one wants centralized (((solutions))).

>>7787358
this would be like lighting your own money on fire because your store has a lot of foreign customers. Literally no reason to do this

>>7787368
It's not centralized, in fact. It just assumes a limited circle of known, verified actors. Which I guess is what the finance world will ultimately use.

excuse me sir, but its never going to 6k again

>>7787393
Political interests stand above short-term profit.

One more thing, why is it so hard for people to understand that no one gives a shit about what the boomers and the media say anymore?
It's like they forgot about the Trump sag, Brexit , Btc , etc.
Crazy

>>7787423
>its not centralized, in fact its centralized
>mfw

>>7787444
that's objectively wrong dude, politics are secondary to profit. it would kill long-term profit too, it would be a crash bigger than GOX and everything they mined for will be worthless

Lol faggots thinking a goldbar will help him in when shit hits the fan.
Again, lol faggots thinking binance will be hacked

>>7787236
you're literally insane, lad
if you can get out on the street and prove your "everyone knows it" claim by asking the first 10 people you meet in unedited footage what is ethereum and have even half of them answer "a cryptocurrency for smart contracts", I'll send you 1 BTC you can immediately cash out for your precious Good Boy Points
I bet you're a Londoner and even despite that you won't be able to pull this off

>mfw britcuck thinks his fellow bongs think about buttcoin more than raping little girls and praising allah

>>7786795
In Germany it takes 24 hrs for a wire transfer.

if people can't see what's going to happen they're idiots. Institutions are ramping up to tell people crypto is okay; companies have started writing contracts on ethereum and more start every day. Chase is prime example of this. Bitcoin and ether will become something money managers tell people to put a few percent in just like gold and the regulatory and institutional support is going into place to allow very high net worth individuals to participate.

>>7785745
Lad, you are a brainlet if you think large institutions will just sit and watch as 25x crypto opportunities pass them by.

>>7787471
>Chinese government starts expropriating mining farms as well as building their own
>their control over mining power is used to blackmail and extort the American financial and political elites heavily invested in bitcoin
Doesn't sound too far-fetched, to be honest

>>7787538
They literally legally can't do shit with crypto as long as the following issues remain unaddressed >>7787136

I know /biz/'s knowledge of financial institutions is limited to le happy merchant /pol/ memes but it's time to get your head out of your ass.

I can't remember the last time I exchanged money electronically with a person, and this is all crypto will ever be used for.

Money exchanges with businesses (99.9% of all transactions) will never go through uncontrolled crypto that you are all gambling on because it will be a MASSIVE liability for them that doesn't pass their compliance checks

>>7787538
we already know hedge funds were involved in ICO flipping. Smaller institutions are already doing it now and asking for forgiveness later. Who do you think sold the top and swept out all of new bizes lunch money when they bought after everything wen 10x?

>>7787552
Yeah Bitcoin and most currently-existing cryptos are so poorly put together they couldn't ever be used as a currency, they're just too easy to manipulate.

They'll remain a speculative asset until enough whales foul the pool with exit scams and exchange frauds.

>>7787278
What will gold do in a post-apocalyptic world?

>>7787497
>if you can get out on the street and prove your "everyone knows it" claim by asking the first 10 people you meet in unedited footage what is ethereum and have even half of them answer "a cryptocurrency for smart contracts"

By simple comparison to my OP it's clear that I didn't suggest anything even close that ridiculous idea, lamo. Why would normies GAF what etherum is, and what does it matter? Do you think that people give a shit and are interested in computer shit at all, in the first place? Fucking anons, lamo.

To clarify, since you seem to have misunderstood what I said: Everyone knows about crypto in that

1) they've heard of it and
2) they know it's some kind of volatile investmenty type thing and is kind of like a currency, and there's bitcoin and then lots of other funny little ones like bitlite and riffle.

That's all they need to know, frankly. You think normies know anything whatsoever about how current financial technology actually works? Just lol.

In before anon's dream world where everyone you meet in the street is a Solidity pro.


The cope is absolutely astonishing, lamo.
Yes, bitcoin is going to reach ATHs again. Yes, crypto remains a promising speculative asset for the time being.

Those two things can be true without you spastics pretending that old man Jones will be conducting an ICO for his new walking stick one day.

>>7787763
You're breaking people's brains by saying Bitcoin is useful but denying the "currency of the future!", "store of value!", or "mass adoption!" memes.

>>7787811
Whats with the store of value thing? The thing went from 0.60c to 20000. BTC is the greatest fastest money multiplier the world has ever see.

>>7787811

Nobody is saying Bitcoin itself will be the currency of the future. But it's clear that cryptocurrency or some implementation of it will be what is massively adopted.

It's not about the fucking brands you idiots, it's about the technology behind them. You can now automate money in a trustless way, which is fucking huge for many many industries.

Crypto is in it's nascent stage and anybody who thinks they've seen all that's to come is a child who hasn't lived for more than 2 decades.

>>7787891
*seen

>>7785575
normies are still ignorant, like maybe 40% of people on the street know about it

>>7787891
It did so while occasionally dipping very low, and showed high volatility the entire time. Ideally a store of value would STORE VALUE, not rapidly fluctuate in price.

>>7787893

This may all come to be, but it won't profit any of us whatsoever. Blockchain adoption in industry/finance/govt is entirely decoupled from memcoin value on the interwebs, unfortunately.

>>7787893
The actual currency of the future is to current cryptocurrencies,

as modern pharmaceutical medicine is to patent medicine in the 1890s.

>>7786546
dude i joined in july and 50x my money with trading

>>7787108
this t.b.h. fampais

>>7785634
This.

Awareness = knowing about it. Real adoption only comes when normies start seeing big names get into crypto. Why do you think XRP is so popular? its not just because they see "banks = money", its because they feel like their investments is in good hands as long as big brands are also there with them.

XRP blew up with the normies and most of it is still speculation and rumors. If big names start to openly invest in crypto, normies will flood, since they can invest big amounts and feel like their investment have very low to no risk.

>>7785575
tl;dr sold at 6k
stay salty kek

>>7787994

It profits you if you're interested in the technology and are following it through.

Of course industry/finance/govt will have many implementations of this, but so will the private sector and that's what you have to look for. Right now there's industry giants hidden in all the shitcoins and ICOs, or there will be, just have to keep your eyes peeled.

>>7787984
I don't think you understood what i meant. I meant BTC hasn't stored any value so far , IT HAS MULTIPLIED IT BY FOURTEEN THOUND TIMES SINCE 2010.

>>7788216
*THOUSAND

>>7788216
I am trying to get you to understand that "high volatility speculation asset" and "store of value" are different from one another because one changes in value while the other only grows very slowly.

>>7788257
*THOND

>>7788312
Fuck me, remember what i said ? I said " what's up this store of value thing?" ITS NOT A STORE OF VALUE ( at least so far ), it's a supercharged value machine.

>>7788312
Quit

>>7788382
>>7788399
it's a store of value in the crypto world. just remember how new this shit is and that it's a new emerging asset class, you really think it's going to be as stable as gold or something is when it's not even a decade old?

>>7786625
Speed and ease of transfer is a really great reason to use crypto. Some wallets ive used even tell you if the addres you want to send to exists and what coin it uses. Crypto is the future old man

>>7787008
Are you sure you are talking about transfers between different banks? You do realise not everyone uses the same bank right?

>>7788109
Kek

>>7788445
I hope not. How many decimal points does BTC have ?

OP FUCK YOU
YOU DIDNT MISS THE BOAT

This is bigger - this isn't once a generation - this is once per intellectual revolution. The 21st century is going to be recorded as the century of decentralized governance in the far future - this is bigger than anything we have ever witnessed

>>7129931 #
Fuck it, who cares what they think. Most of these retards just want money. This is bigger than money, and that's why it's such a great opportunity to make money. This is far bigger than any of us imagine, this is the recurring theme in crypto - all of our price expectations are constantly exceeded, even Satoshi himself was skeptical that this would even work at first. Satoshi unleashed a beast that even he didn't fully understand through one genius idea - PoW based consensus.

This is just the beginning, crypto will 100% be entrenched into every aspect of our lives in the coming decades, in a way that is so all-encompassing that most people won't even realize what it is, it will just be yet another deep underpinning of society whose implementation you can ignore while still utilizing

The blockchain is the bottom layer, smart contracts are the next layer - this is still the fucking beginning to an extent my words aren't even fully aware

People will use crypto every fucking day wirthout ever holding a single coin or realize they are using it.

Just like people dont have or buy "servers" yet they use those daily.

You are a brianlet op. This is a technological breakout, not just economical

>>7786093
>buying since 2013
Lmao you are so full of shit, no-one who bought in 2013 actually have such low understanding of what it's all about.


99% sure you are a newfag who FOMO in November/December and then sold close to the bottom, in short you are burnt and are rationalising your own stupidity.

>>7788445
It will become stable once it reaches what Satoshi designed it for: 1 sat = 1 $.

>>7788445
Bitcoins don't exist at the protocol level , the units are satoshis.

>>7788830

As I clearly acknowledged, yes. And this won't earn us coin holders a single penny, obviously, because the tech is COMPLETELY SEPARATE from memcoin gambling on exchanges, lamo.

Blockchain shit could pervade every conceivable aspect of our lives, while every exchange coin goes to zero. They have no reason to exist.

>>7789137
At that point the dollar would be more fungible. I think 1 cent = 1 sat is the absolute maximum that BTC can reach.

Op if you were really in since 2013 and only have 6 figures you should literally kys. No wonder you make retarded threads like this. You had the keys in your hands to unlocking insane amounts of wealth yet were to retarded to use them. All while 99.99% percent of your peers who were also in back then have hundreds of millions. I would kys too

>>7786742
Different things anon. Gold and silver especially maintain their value pretty fantastically. Being physical and having industrial applications is a nice guarantee of that. Cryptos on the other hand are currency, and currently very speculative and risky.

Metals: safe store of value
Crypto: risky store of value with big upside

>>7789268
As a result, most of the decisions that Satoshi Nakamoto made in 2008 we are essentially stuck with. Although Satoshi's choices were by no means perfect, fortunately it appears that he has been right more often than not; in fact, there are several instances in which we are all better off for the choices Satoshi made for reasons that even he did not imagine.
Bitcoin magazine , Oct 2013.
Interesting Article.

https://bitcoinmagazine.com/articles/satoshis-genius-unexpected-ways-in-which-bitcoin-dodged-some-cryptographic-bullet-1382996984/

>>7788448
> Crypto is the future old man

OP actually brings up two very important points.
1) Even if everyone knew about it, nearly nobody would invest because of the volatility. People don't even invest in stocks. Hell, they usually don't invest in ANYTHING.
2) Adoption != You getting rich. If anything mass-adoption would lead to less volatility. And in the end most institutions will just create their own blockchain.

>>7789396
>99.99% percent of your peers who were also in (in 2013) have hundreds of millions


99% of people who bought in 2013 now have hundreds of millions...

just

LOL

I bought a single-digit amount of BTC for a few thousand pounds. How much do you think bitcoin has risen since 2013, you retard?

And if you're implying that I "should have bought moar alts" then pls remember that only a tiny minority of 2013/14 alts actually still exist in any form at all. I bought a collection of the most popular and loved alts of the day and only LTC survived (and profited me nicely).

THE MAJORITY OF ALTS from that time have DIED - they NEVER recovered their value. (The same will happen with our favourite alts from today, of course)

The very essence of brainletism; inability to understand that a time in the past was once the present, without vision into the future.

From 2016 to now you have a (much) less than 50% chance of your coin even surviving in the top 200 today, let alone actually making any money on it.

Yes it was one of the biggest stories of 2017 but one thing you failed to realise is that it was inconjuction with Bitcoin and only Bitcoin.
The masses don't even know about the wide range of other cryptocurrency with different uses and are superior to Bitcoin.

>>7790397
this is a meme. A girl I knows brother said he was going to buy ethereum because 'people think it's going to get big'
Ripple was in The Sun newspaper