/biz/ - Business & Finance

>>9299169
Makes sense.
But do they meme as hard as /biz/ ?
Didn't think so either.
Plebbit 0 - 1 /biz/

Wow... so this is... the power of 97 IQ....

>>9299169
Thanks OP, excellent information

>>9299169
How do I upvote on this forum?

>>9299169
First they need to figure out what's marketcap. Reddit's vote system is fucking retarded.

>>9300345
up votes have been disabled on this subreddit because mods don't want more than two posts per cryptocoin on the home page

Redditors are the biggest pieces of shit on the internet. They’re manchildren perpetually stuck in that angsty rebellious 15 year old’s mindset yet the self awareness never comes and they always think they’re the smartest guy in the room.

I’d love to beat the guy that posted this senseless.

>>9300242
>4chan
>smart people

>>9300242
wow. Never seen something described so perfectly

>>9300485
>/biz/
>smart people

>>9300460
I'm not sure what bothers you about that post.

>>9300460
Isn't that the 9gaggle crowd?

Saved. More clear proof that reddit is a circlejerk of absolute retards

>>9300516
Because it’s something retards believe. “FUCK YOU MOM, THE WORLD IS GONNA BE GREAT WHEN YOUR GENERATION DIES OFF. EVERYONE WILL WANT MY COINS WHEN DUMB OLD PEOPLE DIE OFF”

>At $.02 no coin has a finished product
>going by fiat value without even looking at supply
>anon is such an idiot he thinks this is an intelligent comment
How do you dress yourself in the morning?

>>9300623
That's fine but WB's job is to give safe, trusted investment advice. I wouldn't invest in crypto if I was worth multiple billions either. He probably knows nothing about blockchain so his opinion on crypto is pretty worthless to me.

>>9299169
Incredible how many people don't know what Marketcap means.

>>9300658
Wtf are you on, i wish I had crayons on me so I could draw something to help you understand the concept.

Most coins you're investing in right now have a plan... They're finalizing their back end, and looking for partnerships. Show me any coin right now that has actual contracted/sponsored professional commercial use that is sitting at $0.02. it doesn't exist, because if a coin had all the things I mentioned or even partial, their price would be going up.

>>9300725
>at $.02

>>9300766
Alright, right now show me which coin is at 0.02 (finished coin, not waiting mainnet or wallet or etc) and has multi billion dollar corporate partnerships. I'll send you $5 of that coin for free.

>>9300866
>at $.02

>>9300623
Boomer detected

>>9300866
Just 0.02? What about 0.0001? Or 0.06? Why the arbitrary 0.02?

>>9300866
>at $.02

>>9300984
I'm just shitposting at him because others have already said that marketcap is more important than exact fiat price. By the OP's logic something like dubaicoin would be further along than half the top 10.

>>9300879
>>9300984
>>9301001
Holy fuck shut up idiot. Retards all of you. No wonder people don't take crypto holders seriously.

>>9301018
Normally yes we look at circulating supply, but crypto is irrational market , any slight hope for sure success and the price will jump.

>>9301123
>in crypto I do not look at circulating supply

>>9301123
You calling someone else an idiot is the best example of the dunning Kruger I’ve ever witnessed. Thanks for making my day you retarded manlet.

>>9301123
>at $.02

>>9300623
BOOMER
O
O
M
E
R

COPE
O
P
E

AHAHAHA STAY MAD, YOU FUCKING DINOSAUR.

this thread made me lose 10 IQ points.

>>9300242
>/biz
>pajeets acting like people

>>9301996

>>9301238
I don't get this obsession with satoshi price. I'm only interested in fiat price because, you know, that's real money that I can actually use on a day-to-day basis...

>>9302040
>ellipsis
>fiat over satoshis
You have to go back. Do I really need to explain it to you? Every time you buy an alt (with a few exceptions for ETH and fiat pairings) you are selling Bitcoin. Not to mention the fact that because the unit value of so many of these coins is fractional it makes no sense to track them in terms of cents because that's too big of a unit for crypto.

>>9302040
Go back to rèddit, fucking faggot.

>>9302040
It's not even about sats you dense motherfucker. $0.02 means nothing without knowing the coins supply.

>>9299169
>guy makes a thread thinking his smart
>same guy is TRADING OFF FUNDAMENTALS

bahahhahahaha low iq retard

>>9300242

This is surprisingly accurate

>>9302040
Back to led dit for you.
Ps. You've clearly never experienced a BTC bullrun newfag

>>9302125
>>9302200
>>9302249
>>9302301

Youre view is simply a BTC-centric view, focusing on BTC as a "standard", when really, despite being the grandaddy of crypto, there's no economical reason to default to BTC besides using it as a trading pair and a means to move funds between exchanges.

Your ultimate goal is to pick the coin that has the greatest increase in value compared to what you are giving up, and plan to convert back into (fiat).

>>9302326

Your**

Down voted

>>9300725
Have you heard of TE-FOOD?
Not .02 but close.

>>9302326
I'll try to make a simple explanation because I went from laughing at your post to feeling sad for you.

Imagine crayons are the new hot shit and EVERYONE wants a crayon, and crayons are securing partnerships worth billions.

If there are only 10 crayons on earth, and the universal mesure of value is a red rock, and there are a lot more red rocks on earth than crayons, each crayon is going to be worth a lot of red rocks (and each red rock is going to be worth a fraction of a crayon).

Now if there are billions of crayons, each crayon is going to be worth a fraction of a red rock, and each red rock is going to be worth a lot of crayons.

Now simply replace the crayons with any cryptocurrency, and the red rocks with USD.

>>9302326
Also I used reddit spacing so it would be easier for you to read. I understand some of you guys can have a hard time to adapt to foreign environments.

>>9300485
despite your post, i grew a 3k investment to well over 100k by listening to what people had to say on this board

pls do tell if you know another place where you can replicate those results

>>9301365
this
I hope all boomers die fucking ASAP, fucking disgusting old fucks, wagecucks and brainlets all at once

>>9300242
This might have been true a long time ago, now 4chan is filled with normies, incels and fundamentalist christians.

>>9302040
oh my god you're even more of a sucker than i thought you were
i actually thought that you were larping at first

>>9302326
AAAAHAHAHAHAHAHAHAHAHAHA

so
to be fair,
it seems that not too many people get this one, either
both bitcoin AND bitcoin cash are essentially unstoppable because of their proof-of-work algorithm
for as long as technology gets better—and the invention of bitcoin is a GREAT reason for technology to get better, faster than it normally would—the difficulty adjusts, and pays a lesser amount of bitcoin
this amount is worth the same as a greater amount was in the past, because the most efficient available resources that money is expended on to acquire it cost roughly the same today as they did a few years ago, and because of how the difficulty adjusts, it will ALWAYS be this way
as long as all the miners don't sell at a loss—and they wouldn't be miners for long if they did—mining bitcoin will always be profitable
because of bitcoin's open nature that encourages competitive mining from anyone who can fund the creation of a new mining chip or buy preexisting ones from a supplier, there will never stop being a race for the best technology
importantly, the block reward is halved every four years or so, which means that upon halving, the miners make half as much bitcoin for the same amount of work—meaning that, if they have a brain, they'll sell their bitcoin for at least twice as much as the bare minimum was before halving

tl;dr: bitcoin, no matter how slow or how old the network gets, no matter how much fud you read, is nearly completely and totally unstoppable
even if nobody on earth ever used it for satoshi's original purpose, if mining efforts grew, it would only be worth more
only if all computers on earth were destroyed would bitcoin be worth nothing
it's like an investment in the continued development of the earth's computing power
(for all intents and purposes, though, BCH is the real bitcoin, and it is similarly unstoppable)

>>9300866
Pretty sure Doge is a finished article Mongo.

>>9302326
>>9302040
>>9301123
>>9300866
>>9300725
IS THIS GUY FUCKING SERIOUS
this is a whole new level of brainlet

>>9302515
he is literally proving the picture right.