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10847815

Explain me wy Bitcoin Anonymous Mon Aug 27 00:43:42 2018 No.10847815 [Reply] [Original]

I have been in Bitcoin since 2012 (deep web). I have seen it risen from 40 to 1000$. Never tought it would have gone that high. I have a legit question: Why people should store / save their money in an asset that may drops of 80% over night, which has a bad name around, with fear of it to be banned, with fear of hackers stealing their funds with no bank protection? Explain this to me and I will eventually trust to your non sense bull run to 100k, 1 million.... it seems like you are in denial phase, but this shit is manipulated like gold and silver and it not belongs to ''people''... it belongs to cartels and banks. And it relays on normie adoption for the price to be not volatile. Explaine to me why I would pay 100$ of fee to buy somenthing. At the peack 20k) the fees of Bitcoin were ridicoulous. No adoption = volatility. Volatility = No one store money into an asset that loses 30% over night.
I think this is MySpace syndrom 2.0.... at that time people said ''What is Google, lol... Myspace is the future''. Myspace was a shitty web application, and it naturally died.
No faggotry comments, explain to me with rational words, please, you december fags

>>	Anonymous Mon Aug 27 00:46:02 2018 No.10847840 File: 1.15 MB, 1022x815, bitcoin.png [View same] [iqdb] [saucenao] [google] >>10847815 Bitcoin is peer-to-peer electronic cash.

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Anonymous Mon Aug 27 00:49:46 2018 No.10847868

people like to make money with money and to trade for trading sake. They also like gambling. This shit is global 24/7 from the comfyness of your room, has survived this far despite all your negatives and looks like it isnt dying any time soon.
Get in or stay poor you sound like you sold mid 2017 faggot

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Anonymous Mon Aug 27 00:58:38 2018 No.10847918

> people like to make money with money and to trade for trading sake. They also like gambling. This shit is global 24/7 from the comfyness of your room, has survived this far despite all your negatives and looks like it isnt dying any time soon.

Does this look like a rational explanation?

''people loves gambling''.... the absolute state of permabulls.

>>	Anonymous Mon Aug 27 00:59:47 2018 No.10847920 >Bitcoin is peer-to-peer electronic cash. Ethereum is peer-to-peer electronic cash So what?

>>	Anonymous Mon Aug 27 01:04:29 2018 No.10847949 >>10847920 Ethereum is gas for a decentralized distributed virtual machine. Not cash.

>>	Anonymous Mon Aug 27 01:05:32 2018 No.10847955 File: 215 KB, 2758x454, satoshi-if-you-dont-believe-me.png [View same] [iqdb] [saucenao] [google] >>10847920 >So what? If you don't believe me or don't get it, I don't have time to explain it to you.

>>	Anonymous Mon Aug 27 01:09:38 2018 No.10847985 >Ethereum is gas for a decentralized distributed virtual machine. Not cash. You can also mache payment with ETH at lower fees > It is not cash The absolute state

>>	Anonymous Mon Aug 27 01:11:51 2018 No.10848003 >>10847815 There is no rational explanation, all bitcoin has is the name and first mover advantage. It also has the biggest army of shills(or "maximalists") behind it.

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Anonymous Mon Aug 27 01:16:56 2018 No.10848031

>>10847815
>I've been in bitcoin since 2012
>Explain to me why I should be in bitcoin
>My English is as broken as my dick
>My dick is as broke as my wallet
FUCKING LARP GO AWAY. IF YOU WERE IN BITCOIN SINCE 2012 YOU (A) WOULDN'T BE WONDERING WHY YOU SHOULD BUY BITCOIN AND (B) WOULDN'T GIVE A FUCK ABOUT THE ECONOMICS OF IT BECAUSE YOU'D BE FILTHY RICH.

>>	Anonymous Mon Aug 27 01:23:19 2018 No.10848075 >>10848031 Nigga I was not in trading since then. Never bought BTC to trade it

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Anonymous Mon Aug 27 01:26:09 2018 No.10848088

>>10848003

Myspace was the same. People are stupid. People love to shill, but rational way of thinking should come first especially in trading decisions. If I want to buy somenthing which I think it will be valuable in the future there must be a ''why'' a reason a little bit different from ''first move advantage''. Also bitcoin has the oldest tech in the space. Unless they won't make a low fee channel normie friendly and unless the don't deal with volatility iusses bitcoin i s the worst shicoin of them all to bet on

>>	Anonymous Mon Aug 27 01:37:14 2018 No.10848175 >>10847920 So 1800+ proyects and counting

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Anonymous Mon Aug 27 01:40:02 2018 No.10848188

>>10847815
Look it doesn't make any sense. You and all the boomers are correct in that it's a ponzi. Can't be used for payments or store of value because it is too volatile.

But god damn, people like this shit. All over the world, countries are opening exchanges.

It's just one of those things where people like, like gambling. People will always like gambling all over the world. This is like that. I know people that love gambling, and they LOVE crypto. They love how volatile it is.

https://www.youtube.com/watch?v=y57VyYn5o1k&t=1021s

Watch this video. I honestly don't believe in the whole BTC will be a world currency, overthrow fiat, etc. narrative. I don't believe that if countries fail, they will hedge into crypto. I think it's all a ponzi.

BUT, as long as people are obsessed with it (like you, and the people on this board), the MORE people get into this obsession, then the bigger it grows. If you watch the video, you'll see exchanges are going to be popping over all over the world. Imagine all those fuckers everywhere gambling on shitcoins like us, because it's addicting. These exchanges know this and want to cash in on it. They saw Binance just rake in pure profit and they want in.

>>	Anonymous Mon Aug 27 01:42:53 2018 No.10848206 >>10847815 Did you just compare myspace with Google instead of Facebook you fucking halfwit

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Anonymous Mon Aug 27 01:52:51 2018 No.10848274

>>10848031
I was interstead into trading, back then

>>10848188
If it is a Ponzy you are the late adopters and they are dumping on you.
The fool game theory may have some role if any recession would happen and boomers put all in bitcoin, but I think this won't ever happen. Boomers don't like to lose 30% over night. Maybe an ETF would give bitcoin some reliable look, but the 1 million target it's an absolute dream because the space is too manipulated. Anyway with ETC and boomers not having to deal with wallets things may change. ETC decision are the thing that could save or destroy bitcoin. I don't know what to think honestly... maybe swing trading it's the way to go

>>	Anonymous Mon Aug 27 04:54:06 2018 No.10849141 >>10848188 >Can't be used for payments or store of value because it is too volatile. yet, it's all true, but it will change as market cap grows.

>>	Anonymous Mon Aug 27 04:56:50 2018 No.10849155 >>10847815 >Why people should store / save their money in an asset that may drops of 80% over night because for most of the world, Bitcoin IS the stable currency

>>	Anonymous Mon Aug 27 04:59:39 2018 No.10849172 its pretty useless Just trade it to make real money

>>	Anonymous Mon Aug 27 05:01:55 2018 No.10849185 >>10849141 it wont look at gold

>>	Anonymous Mon Aug 27 07:40:51 2018 No.10850097 >>10847815 >been in bitcoin since 2012 >still doesn't get it I guess some people are just meant to be poor