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/biz/ - Business & Finance

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Anonymous Wed Jul 18 22:48:03 2018 No.10326864 [Reply] [Original]

There are Anon's in this board who will UNIRONICALLY tell me with a STRAIGHT FACE that BITCOIN, a digital code that isn't really used for anything at the moment, is MORE VALUABLE than MCDONALDS, a company that generates profits every year.

Explain your reasoning and why we shouldn't put you in a mental institution?

>>	Anonymous Wed Jul 18 22:49:45 2018 No.10326880 >>10326864 there are unironically people on this board who literally believe bitcoin is less valuable than netflix. explain yourselves

>>	Anonymous Wed Jul 18 22:49:54 2018 No.10326883 >>10326864 fuck off you government kike shill

>>	Anonymous Wed Jul 18 22:51:17 2018 No.10326890 >>10326864 Are you one of those morons who constantly complain about how nurses should earn more than professional athletes?

>>	Anonymous Wed Jul 18 22:52:35 2018 No.10326903 >>10326864 >comparing the worlds first asset which the feds cant seize from you, possibly the biggest invention since fire, with junk food imagine going through life this dumb

>>	Anonymous Wed Jul 18 22:53:21 2018 No.10326909 >>10326864 Btc is a global currency not a company. Look up the market cap of the dollar, then every other 1st world currency, then add them together. Let me know how that goes.

>>	Anonymous Wed Jul 18 22:53:47 2018 No.10326915 >>10326890 I am one of those morons who value investments and purchase them at a fair price. Currently, Bitcoin is more overvalued than Netflix and Amazon combined. But the free market will correct it self eventually.

>>	Anonymous Wed Jul 18 22:54:09 2018 No.10326917 >>10326864 mcdolan has shit margins and the most mediocre profit per employee

>>	Anonymous Wed Jul 18 22:54:13 2018 No.10326919 >>10326909 >>10326903 >>10326890 you newfags really don't realize there are ACTUAL paid shills here working for the gov to peddle this shit. why argue with them

>>	Anonymous Wed Jul 18 22:54:35 2018 No.10326924 >>10326903 There's nothing that stops Bitcoin from being regulated by the government, it's already taxed in many countries.

Anonymous Wed Jul 18 22:55:55 2018 No.10326939
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>>10326915
>Currently, Bitcoin is more overvalued than Netflix and Amazon combined. But the free market will correct it self eventually.
oh yeah, the overvaluation indicator for btc is 14.88 while netfix+amazon is only 13.37

>>	Anonymous Wed Jul 18 22:56:59 2018 No.10326947 >>10326915 Netflix, Amazon and Mc Donalds are profiting from laziness and exploiting millions of employees. Bitcoin is solving a world wide problem.

>>	Anonymous Wed Jul 18 22:56:59 2018 No.10326948 >>10326924 nigger you dont get it. only you have control of your private keys you dumb motherfucker. your kike bank can close your account and not let you withdraw money like they did in the eu crisis in greece. kys

>>	Anonymous Wed Jul 18 22:57:13 2018 No.10326950 File: 95 KB, 330x474, 1522936537617.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Wed Jul 18 22:58:03 2018 No.10326962 >>10326915 >But the free market will correct it self eventually Indeed it will when BTC hits 50K eoy and the traditional financial market bubble pops we'll see who comes out better off

>>	Anonymous Wed Jul 18 22:59:05 2018 No.10326973 >>10326947 >Exploiting topkek it's as if the employees are put on gunpoint. They pay them at market value. Employees except it, if they can get paid more at another place they'll go there. That's the magic of Freemarket, commie scum.

>>	Anonymous Wed Jul 18 23:00:07 2018 No.10326987 >>10326973 >except accept.

>>	Anonymous Wed Jul 18 23:01:46 2018 No.10327001 >>10326864 Bit Coin P/E pretty much the same

>>	Anonymous Wed Jul 18 23:02:31 2018 No.10327009 >>10326973 voluntary exploitation is still exploitation. The wagies who take it are just morons, but that still doesnt make these sandwich noses good.

Anonymous Wed Jul 18 23:02:31 2018 No.10327010

>>10326948
"Only you have control" over your wallet means nothing if the government decides you are required by law to comply to seizes and taxation, which is what they have done with literally everything else before buttcoins, it's not some magical concept that makes you immune to legislation.

>>	Anonymous Wed Jul 18 23:03:43 2018 No.10327024 >>10326864 Because market cap and value are the same thing. Fucking retards on 4chan almost exclusively these days. When did you normies flood this board?

>>	Anonymous Wed Jul 18 23:03:46 2018 No.10327025 >>10326947 Hard to feel bad for em when they get my order wrong so often.

>>	Anonymous Wed Jul 18 23:04:06 2018 No.10327028 >>10327010 nothing will make the people overthrow their government faster than trying to take their bitcoins away.

>>	Anonymous Wed Jul 18 23:04:12 2018 No.10327031 >>10326864 It isn't. McDonald's has assets and actual shit that can be monetized. Bitcoin is price * circulating supply. Market cap means jackshit in crypto.

>>	Anonymous Wed Jul 18 23:04:46 2018 No.10327033 >>10326915 How's that trade worked over the long term, chief?

Anonymous Wed Jul 18 23:06:35 2018 No.10327042

>>10326864
You’re a brainlet OP. You’re comparing a currency to a company. Moronic. It’s like saying that McDonald’s should be worth more than the USD. Bitcoin is digital peer to peer electronic cash for the entire world. McDonalds will be valued in terms of Bitcoin in the grand scheme. Zoom out.

>>	Anonymous Wed Jul 18 23:07:15 2018 No.10327049 >>10327028 It's already taxed and no one cares, paper money is far more important too.

>>	Anonymous Wed Jul 18 23:10:20 2018 No.10327067 >>10327031 This is the only response that actually makes sense. The problem with that circulation supply is, there needs to be a economical circulation supply. Not just selling it to a bigger idiot until the last one left holding the bags.

Anonymous Wed Jul 18 23:17:17 2018 No.10327146

>>10327042
>It’s like saying that McDonald’s should be worth more than the USD.
No not really. Difference between US dollar and Crypto is:
>USD is more staple
>is traded everywhere in the entire world for goods and services
>The total value of US is 80 Trillion dollars after debt
>Backed by all the companies and jobs in the US market
>Backed by the best universities in the world
>Backed by the best economy in the world
>Backed by the best people in the world
>Backed by the most powerful military in the world.

>>	Anonymous Wed Jul 18 23:20:24 2018 No.10327173 Who gives a fuck about fake food, which actually COSTS our fucking country billions a year from health issues caused directly by this food. Bitcoin is the most important invention since fucking coal boats.

>>	Anonymous Wed Jul 18 23:44:40 2018 No.10327409 >>10327173 >Removes people who have no self-control from the gene pool >Gives doctors more jobs I see no downside to this. Also that wasn't the point.

>>	Anonymous Wed Jul 18 23:46:01 2018 No.10327424 >>10326864 Part of the reason I cashed out last year most of my gains. Just sitting in profits now

>>	Anonymous Wed Jul 18 23:46:30 2018 No.10327427 >>10327173 Exactly bitcoin never gave me heart disease

>>	Anonymous Wed Jul 18 23:46:32 2018 No.10327428 >>10326864 Nationstates & asoteric money laws are what gives crypto it's power brainlet. Big Mac can't do that.

>>	Anonymous Wed Jul 18 23:48:15 2018 No.10327451 >>10326864 mcdonalds corp mostly holds royalty rights and IP though right? I'm sure the book value of all McDonald's assets you see everywhere is much higher than that number but they're all separately owned franchises.

>>	Anonymous Wed Jul 18 23:49:19 2018 No.10327460 >>10326864 do you KNOW how i KNOW you're a BOOMER, take a GUESS

>>	Anonymous Thu Jul 19 01:26:39 2018 No.10328243 >>10326864 its digital gold you fucking boomer. get over it.

Anonymous Thu Jul 19 01:44:37 2018 No.10328385

last i checked bitcoin wasnt designed to cripple beneficial gut bacteria leading to systemic organ failure. mcdonalds should be worth minus 100billion all the damages they should have to pay out. but you retards had to get your stupid chubby kids the happy meal he wanted the toy

Anonymous Thu Jul 19 01:55:18 2018 No.10328444

>>10326864
Bitcoin is MONEY

These crypto currencies are REPLACING money

We currently value all money in existence to be worth $100 trillion

All property in the world is around $100 trillion

Bitcoin is worth 0.1% of that and has actual value of being able to carry it in your finger nail or hiding a lot of it from governments

>>	Anonymous Thu Jul 19 02:00:51 2018 No.10328496 >>10326919 >this, but this

>>	Anonymous Thu Jul 19 02:26:50 2018 No.10328667 File: 353 KB, 1024x965, bancor.jpg [View same] [iqdb] [saucenao] [google] >a digital code

>>	Anonymous Thu Jul 19 02:28:22 2018 No.10328675 File: 1.09 MB, 2209x967, Used_Punchcard_(5151286161).jpg [View same] [iqdb] [saucenao] [google] >>10328667 As silly as it may sound, code can be both digital or analog.

>>	Anonymous Thu Jul 19 02:29:37 2018 No.10328686 >>10326864 Dumb fuck OP. There is a HUGE difference between a security’s Market Cap and value vs. a Currency such as Bitcoin. I know this is a retarded larp but c’mon man, we’re not that stupid here, go back to Facebook faggot.

>>	Anonymous Thu Jul 19 02:33:44 2018 No.10328708 >>10328686 This, accept for the /biz/ being stupid part. /biz/ is actually fucking retarded

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