[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 67 KB, 630x720, IMG_20181024_190735_178.jpg [View same] [iqdb] [saucenao] [google]
11515582 No.11515582 [Reply] [Original]

Ok biz. Change my mind. These are the only crypto "currencies" one should own. Ethereum, tokens, and other blockchain "assets"(vaporware) do not count.

1. XMR - privacy coin. If bitcoin hits 100,000 i almost guarantee you Monero will be 10,000. Especially with DEX's, Submarine Swaps, and Monero-BTC lightning integrations happen.

2. Bitcoin - i don't need to explain myself here.

3. Bitcoin Cash - it's a hedge for what Bitcoin cannot handle right now - transactions...just because if we had a BTC ETF tomorrow the bitcoin network would get clogged up with so much demand we'd lose the utility of bitcoin.

Dont be fooled by anyone else with their ponzi crypto currencies or corporate currencies. Press F to spit on the following
- litecoin
- Zcash
- Ripple
- dash(lol)
- Decred
- verge
- digibyte

>> No.11515606

high energy proof of work and on chain scale are the only the criteria that matter

off chain scale does not incentivize honest mining
energy is what makes it unprofitable to change the blockchain in a dishonest way

>> No.11515628

>>11515582
I keep saying the same thing
I'll keep saying the same thing
Because I'm right
Crypto is nothing magical
Everything is valued where marginal utility over existing systems is found
Smart contracts will be big
Rapid value transfer will be big, but as far as asset valuation is questionable
Fiscal soverignty will be big, especially once UHNWIs incorporate

You're just parroting what all crypto people say
Try thinking for yourself

>> No.11516041

>>11515582

agreed but i would actually rather just hold more xmr than bcash (lol) and ripple? is that even a cryptocurrency? kek

>> No.11516265

>>11515582
Just let idiots hold the bags they wanna hold. I have my coins I believe in and ones I use. I don't need to shill any of them.

>> No.11516318

mommy

>> No.11516798

>>11516265

i'll hodl her bags

>> No.11516819

>>11515582
why decred?

>> No.11516850

Monero has too many good and undervalued competitors, namely XZC and XHV. Id split the xmr bag across a few.

>> No.11517285
File: 817 KB, 500x281, bXAr1.gif [View same] [iqdb] [saucenao] [google]
11517285

>>11515628
>crypto is nothing magical
K.

Yo Mike, you should read some of these when you get a chance. Some pretty neato stuff in there relating to everything you just said.
https://nakamotoinstitute.org/literature/

>> No.11517496
File: 75 KB, 500x569, 1537663767803.jpg [View same] [iqdb] [saucenao] [google]
11517496

>>11515582

Please have nudes

>> No.11517686

>>11515582
XRP - Bank love = usage/adoption = growth
GO - 13k transactions/second goal, smart contracts upgradeable to prevent theft reflect real-world changes, proof of reputation rather than proof of work (fuck you China), 1000x less energy than ETH or BTC.
BAT - Advertising will never go away, Brendan Eich.

>> No.11517724

>>11515582

>BTC etf would clog the network

Please explain how coins being bought and moved to cold storage, where they will never be used for transactions, would clog the network?

>> No.11518085

>>11515582
Tell me how DGB is a ponzi.
Pro tip: you can't

>> No.11518854
File: 30 KB, 650x382, 1536548584049.jpg [View same] [iqdb] [saucenao] [google]
11518854

>>11516041
>underestimating privacy

>> No.11518958
File: 53 KB, 887x560, 1513136313565.png [View same] [iqdb] [saucenao] [google]
11518958

all in XMR and SKY until grin mainnet then lambo 2020