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/biz/ - Business & Finance

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17841717 No.17841717 [Reply] [Original]

Chad here. Just bought 2 Bitcoins. Thanks for the sale guys.

>> No.17841950

BASED.

>> No.17842023

Chad here as well, sirs. Just bought 32 ether. Thank you for this bountiful sale.

>> No.17842193

Bitcoin has never really been tested. If it can't keep its value (or appreciate) in a situation like this, it's useless. Being distanced from the market and serving as a disconnected alternative is the whole point. If it can't do that, it will never succeed.

>> No.17842210

>>17841717
9:30 am Eastern time
See you

>> No.17842288

>If it can't keep its value (or appreciate) in a situation like this, it's useless.

This. if during recession "real" currencies are clearly more stable than the bitcoin, whats the point of using it? Bitcoin proved itself as non-currency

>> No.17842320

>>17841717
enjoy your $300 in summer

>> No.17842498

>>17841717
BTC is for clueless morons, sorry for your loss

>> No.17842708

>>17842193
I want to know the cognitive or behavioural bias that keeps people so loyal to crypto

>> No.17842746

>>17842708
If you were a part of the ride up you its probably cognitive bias. Its not smart investing though.

>> No.17842828

>>17842288
It's a commodity, retard

>> No.17842899

>>17842828
Sure, but its not based on an underlying physical good. Its value is based on its usefuleness as an alternative to traditional market-bound financial tools and commodities.
If it cannot fulfill this role, it has no value.