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13936348 No.13936348 [Reply] [Original]

>> No.13936452
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13936452

They still don't understand it

>> No.13936486

>>13936348
Well no shit. The fees are much too high to be used as a medium of exchange. $4+ fees eliminates a huge chunk of merchant potential. You have to keep your bitcoin on an exchange in-case it drops $1000 and you have to panic sell it.

This recovery is 100% tether manipulation/whale fuckery. Bitcoin is a walking corpse now. Based purely in speculation and margin hunting.

Bitcoin $1k EOY

>> No.13936511
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13936511

>>13936348
>rally was preceded by long term trend of increasing number of transactions per day

>> No.13936516

can't wait until mainstream media starts reporting on scams that promise a gorillion tps. retards might actually bring tron to over a dollar.

>> No.13936523
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13936523

>>13936348
(((Bloomberg)))

>> No.13936540
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13936540

>>13936348
> nobody uses it for daily life whereas it's already been struggle to handle transactions

>> No.13936544
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13936544

>people want to hold instead of spend their defaltionary store of value
Truly shocking.

>> No.13936569

>>13936348

That's why it's only worth $8k and not $800k.

>> No.13936623
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13936623

Who would use a coin that costs $4 to use? Imagine buying a coffee and the fee is more than the cost of the drink

>> No.13936807
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13936807

>>13936348
Because BTC is a fucking SHITCOIN

>> No.13936826
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13936826

>>13936348

NANO will take BTC's place as the true decentralized digital cash.

>Free to transfer
>Instant settlements
>Environmentally friendly

>> No.13936844

>>13936807
>how can you help bitcoin? stop using it

Really ...makes....one.........think...

>> No.13936875

Who uses gold? Still valuable.

>> No.13936915

>>13936875
Bitcoin isn't gold though

>> No.13936942

>>13936915
Bitcoin BTC value prop is digital gold.
It's retarded, I know
Thats why I sold all mine in 2017 for altcoins.
Bitcoin is emerging tech not digital gold

>> No.13936949

>>13936452

I think they nailed it.

Bitcoin failed in its original purpose as a currency.

>> No.13936994

>>13936942
>Bitcoin BTC value prop is digital gold.
Funny because most mined Gold is used in either jewelry or industrial products. People act as if gold is entirely speculative.

Which makes me wonder how long people are going to be trading bitcoin under this guise

>> No.13936997
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13936997

>>13936348
>he doesn't know that KMD already solved the velocity problem

>> No.13937068

>>13936915
Thank God, I've held gold for 3 years and still lost money. If I put that into bitcoin I would have made 50k assuming i sold after a big dip in 2018, 100k if I timed it right.

>> No.13937106

>>13936486
very very very true

>> No.13937178
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13937178

This guy is delusional. A hypocrite at his best.

>> No.13937368
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13937368

>>13936348
FUD from the pedophile paper peddlers and their lapdogs and servants is bullish news

>> No.13937591

Load ze adoption fud

>> No.13938582

>>13936486
Waiting for all the low iq brainlet autists to jump in and tell you are wrong somehow.

>> No.13938654

>>13936348
MATIC IS THE REAL BITCOIN AND EVERYONE USES IT

>> No.13938694

>>13937178

That dude is fucking retarded lol. Bitcoin maximalists think they're above shitcoin shillers when they're doing the exact same thing, just trying to pump their bags.

>> No.13938720

>>13936807
Best fud ive seen here regarding anything

>> No.13938842
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13938842

>>13936348

What if I tell you that most crypto use-cases are under-water activities? It's already been used for the Internet add payments, bribery all over the world, trans-border transactions when people don't want to mess around with taxes and regulation?

>> No.13939444

>>13938582
>>13936486
>BTC is dead
yeah haven't heard that before

>> No.13939562

>>13936949
it pretty much failed in that like 5 or 6 years ago
>>13936348
by "using" they probably mean spending it instead of holding it in cold storage topkek. imagine being this numb. they'll probably figure it out when btc breaches $200k

>> No.13939624

>>13936544
bitcoin is not deflationary, it's inflationary.

>> No.13939644

>>13939624
how is something that can never exceed a fixed quantity inflationary?

>> No.13939679

>>13939644
Every block generates new bitcoins.
At the current price, $5.3B a year goes to the miners.

>> No.13939727

>>13939679
Most miners are chinks with nearly free hydro power, they don't sell all of their reward.

>> No.13939774

>>13939644
technically the supply is always increasing. It's just increasing at a decreasing rate approaching a limit of 21 million.

>> No.13939797

>>13939774
>>13939679
so whats more inflationary-- 200 trillion USD or a final 21 million BTC

>> No.13939808

of course, bitcoin is a meme, i can't believe some of you guys are unironically shilling it, sure ride your gains but it's not like it will be actually useful beyond speculation

>> No.13939823

>>13939797
cash is not a store of value, it's a medium of exchange and a unit of account.
Bonds, stocks, real estate are a store of value.
Bitcoin isn't.

>> No.13939826

when mainstream notices that btc is just boomer obsolete shit tech from 2009, this last decade grandpacoin will dump overnight and all the money flow to the second best or third best coin..


ripple... just saying..it has everything you need to make money.. big budget, best and biggest team. backed by govs and jews and bank... dont believe?`

go buy your 32million lunch money volume shitcoins.

>> No.13939836

>>13936348
What do you think Chainlink is for???

>> No.13939842
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13939842

>>13936348
Even better. Fake volumes are 90% of trades today.
BTC, trusted exchanges: $2,850,673,940 / day
BTC, trusted + fake: $27,014,253,271 / day

https://openmarketcap.com/cryptocurrency/btc-usd
https://coinmarketcap.com/currencies/bitcoin/

>> No.13940345

>>13937178
the "bitcoin is gold 2.0" is the most retarded thing someone could think up.

>> No.13940415

>>13939823
>cash is not a store of value,
This is false

>> No.13940438

>>13936348
$500 when?

>> No.13940473

>>13937178
Joined twitter recently to keep tabs on "crypto twitter". Holy shit, I seen that post earlier and rolled my eyes. Also see famous crypto twitter people who dont even know what the bitcoin faucet was, or what public keys are. They just try to get a following and pump shit.

>> No.13940501

>>13940415
it fucking is, although a very fucking bad one
>alzheimer grannies with a mattress of greenbacks

>> No.13940795
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13940795

>>13940501

>> No.13941102

>>13940795
venezuela disagrees

>> No.13941339
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13941339

>>13936348
Bitcoin is a real, secure, store of value that can also be used as a currency

It has the most daily transactions
Highest average transaction value
Most value moved daily
Most daily active addresses
And is the most secure with the highest hash rate

Real bitcoiners understand this which is why over 50% of bitcoins haven't moved in over 18 months
Over 20% of bitcoins haven't moved in over 5.5 years
We just continue to accumulate

>> No.13941996

>>13936348
bitcoin is ancient tech that will never be able to scale without a centralized 2nd layer to make things like instant txs possible.

ETH is the only final solution for a real world crypto use case with instant txs when ETH 2.0 arrives in 2020

>> No.13942004

>>13941996
Eth cannot and will not ever be able to scale.

>> No.13942052

Btc is a sov not a payment currency. Transactions with gold would be similarly low.

It is already the final product in terms of a sov.

Decentralized, secure and an emission tale to align with anticipated gold production. Scalability is not needed.

>> No.13942089

>>13942004
>the crypto with the most developers, the most active github, the most investors, will never be able to scale
you are triple fucking retarded

ETH 2.0 code will be finished at the end of June and enter into security audits.
it will be launched in 2020 and ETH will be able to do 250k+ tx/s more than any other crypto or digital payments service.

ask me how i know you are always going to be poor

>> No.13942108

>>13936486
Low iq. Bitcoin is useless as dog shit but it will still gain value. At this point it's a relic, like if you owned the first consumer mobile phone. You wouldn't use it for calls but it would be fun to have and it would be worth a lot.

>> No.13942134

>>13936348

RIP Bitcoin

>> No.13942185

>>13942089

Dude better sell your bags it's not worth shilling anymore. Everyone knows ETH won't deliver. They are delaying this shit since 2016. It's called vaporware.

>> No.13942187

They are right. XRP on the other hand actually has a use which be realized.

>> No.13942230

All this proves is that no one wants dollars. If they wanted them, they would hold them.

>> No.13942245

>>13940473
post twitter id anon

>> No.13942248

>>13936875
good thing i'm wearing a ring made out of bitcoin right now

>> No.13942370
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13942370

>>13939624
>105 iq
It’s DISinflationary. It has an inflation rate that lowers over time until it hits zero, at which point it will become DEflationary.

>> No.13942427

>>13940795
>oops.png
>cash is the only money
kys faggot and fuck off to plebbit

>> No.13942485

>>13942089
>the crypto with the most developers, the most active github, the most investors
Why do you think it needs all these affiliate devs, yet it fails to meet deadlines for its upgrades? The ethereum network is periodically upgrading and attempting to find solutions to its fundamental problem which is the fact that it can not and will not ever be able to scale.