[ 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: 127 KB, 1810x992, Crypto Bitcoin Vitalik ETH btfo.jpg [View same] [iqdb] [saucenao] [google]
12715792 No.12715792 [Reply] [Original]

When did you first realize that there is no grand future in crypto and that it was nothing more than a snake oil hype job for desperate people?

>> No.12715813

>>12715792
what is lightning?

what is normie adoption following ease of use of said ln and institutional adoption?

what is people who AREN'T properly served by the existing banking system adopting crypto as an alternative?

>> No.12715820

The moment I heard of it.

>> No.12715881

vitalik is right but his company isnt decentralised either

>> No.12715906
File: 447 KB, 1279x1074, alpha chad winning.jpg [View same] [iqdb] [saucenao] [google]
12715906

>>12715813
>what is lightning?

A centralized joke that nobody uses.

>what is normie adoption following ease of use of said ln and institutional adoption.

No institution will ever use your shitty coin for anything, nor will any normie ever adopt it. There is zero reason to and endless reasons not to use it.

>what is people who AREN'T properly served by the existing banking system adopting crypto as an alternative?
If you're depending on Venezuela and other third world hellholes to boost your bags, you're gonna have a bad time.

>> No.12715939

>>12715792
When NEETs were shilling it left and right.

>> No.12715961

>>12715906
ln use is growing, now accounts for $2mil worth of transactions, it was only $50k months ago

Also, twitter founder is big fan of BTC and likes the idea of using ln to tip tweeters

>> No.12716056

>>12715961
LMFAO lightning is a joke and 2 million transaction load is nothing, especially when you consider how heavily it was hyper.

Jack Dorsey wants to unload his bags, that's why he was shilling Bitcoin on Joe Rogan.

>> No.12716113
File: 627 KB, 1600x1008, repentance.png [View same] [iqdb] [saucenao] [google]
12716113

>>12715792
BSV is the last hope. If it fails crypto will fail.

>> No.12716131
File: 9 KB, 184x184, 4.jpg [View same] [iqdb] [saucenao] [google]
12716131

>>12715961
Hey you autistic fuck, crypto use has declined 75% since last year because the people without a fucking mental disability are moving on to real investments

>> No.12716158

>>12715906
>A centralized joke that nobody uses.
Wrong on both counts.

>> No.12716171

>>12716113
>the last hope is a shitcoin
If you are convinced of this then you might as well liquidate all your crypto assets and get the fuck out.

>> No.12716189

Imagine sincerely making threads like this when you know that they've been made every day on every crypto related website for almost 10 years straight.

>> No.12716190

>>12716158
mommy and daddy the guy on the internet is wrong! I have no facts or enough IQ points to debate my illogical thoughts but REEEEEEEEE

>> No.12716209

>>12715792
All of those points are true but you are not looking at the bigger picture. Everyone knows this, which is why projects are moving to corporate use because corporations are always looking for improvements in the financial system because the moment you are not just a wagie with a savings account, the financial system starts fucking you in the asshole.

Right now underground organizations are enjoying the benefits of bitcoin, using it to carry out huge transactions. The volatility doesn't matter to them because they can use websites like BitMEX to hedge (btw, this is the real reason BitMEX exists. If you think they profit off of liquidating your 5$ then you are crazy) against any inconvenience, and BitMEX takes a 0.075% cut.

When legal ETFs start existing, this method will be able to be used by corporations. A corporation could easily do a 100 million dollar payment in bitcoin and hedge with ETFs to remove all risk. The fees of this transaction will be much lower than having a piece of shit bank as a middle man.

>> No.12716219

>>12716209
how much weed and red bull is in your system? Or is that the autism talking?

>> No.12716236

>>12715792
You have to remember MoneySkeleton is a bitch. He created a shitcoin, woo-hoo.

>> No.12716242

>>12716219
No, I just personally know people that on the daily move millions of dollars in bitcoin. Bitcoin is literally the best method of money laundering that exists at the moment.

>> No.12716276
File: 468 KB, 2000x886, Summoner.jpg [View same] [iqdb] [saucenao] [google]
12716276

>>12716171
BTC is going backwards, LN was dead on arrival and SegWit scares away new devs. ETH will finish sharding in when, 2025? BCH are moving way from bitcoin and devs are frustrated with changes, plus they have to battle against patents. everything else is shit. meanwhile BSV has a ton of fire souls building on top of it and they know they have to scale fast as fuck before VISA comes with a fake crypto and nobody cares about real crypto. plus they own the patents that enables a lot of ideas, no large business will use a crypto that violates patents.

if BSV fails, crypto fails.

>> No.12716332

>>12716276
>crypto's future depends on the pedophile coin
If you are convinced of this then you might as well liquidate all your crypto assets and get the fuck out.

>> No.12716978
File: 114 KB, 720x721, Crypto Cat Just bear.jpg [View same] [iqdb] [saucenao] [google]
12716978

>>12716158
Maybe in delusionaland

>> No.12717048

a long time ago