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/biz/ - Business & Finance

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16322288 No.16322288 [Reply] [Original]

I stored my value in Bitcoin and now I have 40% less value. Where did my value go?

>> No.16322304

it's a store of value. Why you might ask. Well, it is because of the low transaction capacity.
Don't like it? STIFF

>> No.16322319

$50MM is burned every day to subsidize mining costs. that's where your value went

>> No.16322325

>>16322288
To my POCKET. AHAHAHAHAHAHHAHA

>> No.16322327

>>16322319
When you tire of whales playing inflation games, nano is waiting.
At least there, the whales can only dump once.

>> No.16322424
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16322424

>>16322288
Did you lock the price?

>> No.16322433

>>16322288
its a store of value for people that bought below 1k

>> No.16322460

>>16322433
Not for long

>> No.16322469

people that held bitcoin for 4 years never lost money

>> No.16322477

>>16322288
Your money (ie value) at the time of purchase went to whoever you bought from. As more people sold BTC, it’s value (what you have instead of the money) went down because it is perceived as less valuable

>> No.16322627

>>16322288
(((To them)))

>> No.16322645

f a n t o m

>> No.16322907
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16322907

CURRENCY OF THE FUTURE

LMFAO

>> No.16322939

>>16322288
>Where did my value go
probably to me, i have 5000% of the initial value

>> No.16322949
File: 37 KB, 714x960, B7550466-04D3-4C3E-8C99-2A0694905629.jpg [View same] [iqdb] [saucenao] [google]
16322949

>>16322288
Ch-ch-checked

It’s not gone anywhere you simply haven’t waited long enough

>> No.16322986

>>16322288
wait a year or so and your value will have gone up hundreds of percent. stores of value are long term investments.

>> No.16323069

Dude haven't you seen the price predictions

6 million eoy

>> No.16323152

You still havr 1 BTC right? Seems like nothing changed

>> No.16323272
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16323272

What does bitcoin do?
>it's STORES VALUE
Ok, and how does it get its value?
>FROM STORING VALUE I JUST TOLD YOU
So it maintains its value over time?
>YES
From storing value?
>YES DUH
So it maintains its value over time because it maintains its value over time?
>FUCKING SHILL FUCK OFF

>> No.16323291

>>16323272
>strawmen