/biz/ - Business & Finance

[Anonymous No.22429061]

why are people obsessed with bitcoin movements when it isn't even a relevant coin anymore

[Anonymous No.22429084]

>>22429061
1 yeet = 10 eth
4.20 snapshot price 80% sold out ico 9001 cap https://yeet.dance

[Anonymous No.22429269]

>>22429061
It's the only relevant coin.

[Anonymous No.22429455]

>>22429061
Don’t talk like that about daddy

[Anonymous No.22429496]

>>22429061
I mean it’s no $COOM or $SUSHI but it’s still a decent old coin.

[Anonymous No.22429506]

>>22429061
Because its movements affect the entire crypto market. So yes it's still relevant for now.

[Anonymous No.22429521]

>>22429061
Are you an idiot?! Wtf

[Anonymous No.22429581]

>>22429061
It controls every other crypto/fiat chart
95% of the time they follow Bitcoin vs USD.
When Bitcoin goes up a leg, all coins pop up. When BTC consolidated all coins crash
The trendy or smaller supply/popular one pop harder and crash less.
But BTC is less volatile than all thee era other ones
Read the Bitcoin standard, it’s about market scarcity

[Anonymous No.22429598]

>>22429521
Winner winner
He gets it

[Anonymous No.22429634]

>>22429061
how is your first month in crypto going fellow redditor?

[Anonymous No.22429665]

>>22429061
remove yourself from your tiny online bubble and put yourself in the shoes of a boomer watching bloomberg news report on Jack Dorsey talking about how it's going to be the internet money and then googling it to see that Greyscale alone has bought up more BTC than has been mined since the halving and then you will see

it's a better store of value than tech stocks that's for sure. closest thing we have to digital gold

[Anonymous No.22429679]

>>22429061
bitcoin is the most important coin when it comes to boomers

[Anonymous No.22429805]

>>22429061
I hate how boomer analysis took over crypto, shit like futures and stock correlation ruined it

[I AM BITCOIN No.22429862]

[Anonymous No.22429864]

>>22429061
Cuz boomers

[Anonymous No.22430076]

>>22429061
It's used to buy Ethereum tokens on exchanges.

[Anonymous No.22430099]

>>22429061
lowkey take a look at LOKI

[Anonymous No.22430112]

>>22429061
While all halfway legit altshit except the most outrageous pajeet rugpulls follows it like copy and paste in realtime. Yeah, it's not relevant.

[Anonymous No.22430122]

>>22429061
It will eventually become irrelevant but we aren't at that stage yet. It still is the king for the time being.

[Anonymous No.22430127]

>>22429061
Imagine being this retarded..kek

[Anonymous No.22430336]

>>22430122
Wrong.
Eventually it will use the upgrades that other chains beta test the upgrades and work out the kinks.
You guys saying bitcoin is irrelevant are the idiots who called it dead for years
It’s the same bs

[Anonymous No.22430712]

>>22429061
Don't worry, its about to lose #1 spot this year. The rest of the slide will be obvious from there on.

[Anonymous No.22430716]

Bitcoin minimalists are retarded faggots and deserve to get burned like in 2017.
Have fun holding your altcoins all the way down to zero.
Reminder that even ETH lost 75% of it value relative to BTC from it's peak OVER THREE YEARS AGO.

[Anonymous No.22430770]

Take a deeper look at the market. All the 'currencycoins' have been dumping compared to the rest of the market this year. Even halving hasn't done shit to BTC price, might even be that it was the only reason why it hasn't dumped yet.

If you know, you know.

[Anonymous No.22430776]

Why does my PeePee get hard when i look at 2D Women and Pull on it?

[Anonymous No.22430813]

I agree, people are so caught up in the name bitcoin that they have no clue about simple math or its escaped them. I cringe at people hodling btc unless you have a whole lot and selling at highs and buying at dips its useless right now.

[Anonymous No.22430826]

>>22430770
BTC was at $5k a few this year
You idiots compare a shitcoin pump in % gains but never sell the top and your shitcoin crashes harder than BTC in the end
I’ve bought so many shitcoins that make me rich but I can’t cash them out with wrecking their market and my profit
Bag holders gonna shill

[Anonymous No.22430838]

>>22430813
Simple math is what drives gains dumbfuck
Supply / demand
If TX speeds and fees mattered we would use NANO and Tron

[Anonymous No.22430893]

>>22429269
This. Brainlets don't understand BTC and try to make themselves feel better about not owning it by thinking it's outdated tech or 7 tps hurr durr. The funny thing is if you actually listen to what the developers say and why they take the design decisions that take in the broader context of competing projects it all makes sense. BTC is the only coin that can resist node centralization, everything else is just a gay experiment.

[Anonymous No.22431037]

>>22429061
Almost every coin is pegged to bitcoin. This means that coins are valued in satoshis not usd so when BTC price goes down the price of the whole market goes down. Things have been changing with the exponential growth of USDT though but BTC still has a major influence on the market as a whole.

[Anonymous No.22431096]

>>22430893
>>22431037
Biz has gotten much smarter since 17-18

Altcoins are Bitcoin’s testnet, firewall, and recruiting tool.
Alts keep Bitcoin upgradesoff the main chain and protect from 51% attacks, low hanging fruit
Plus every nerd coinbase and binance interviews has to learn it, & most will buy it

[Anonymous No.22431126]

>>22431096
/biz/ definitely has gotten much smarter since 17-18. There used to be a lot more BTC threads and BTC maxis here. New BTC-BCH yelling threads popped up every hour.
Almost no one talking about BTC anymore. 99% of anons here have some ETH now.

[Anonymous No.22431188]

>>22431096
i shill shitcoins all day every day. i dont give a fuck about anything other than btc. everytime i dunk on a retard and unload nigger bags on him, i lock up that profit in btc.

ssshh...dont tell the tards tho.....

[Anonymous No.22431280]

>>22431126
bullshit
This board was ethereum and link crazy in those years
tons of bcash and bsv threads too
now we're all shitcoiners pumping profit into bitcoin
stupid larper
this board got me into antshares in 17 and coinmetro, tron, link, binance at ico
among many others
go buy more bsv
>>22431188
amen brother
me too

[Anonymous No.22431318]

>>22429061
Bitcoin was visionary, still is and holds the throne. It will never be dethroned. Ever. All alt coins in comparison are an embarassement compared against btc.

[Anonymous No.22431329]

Chainlink makes bitcoin obsolete, since 1 link = unlimited collateral for markets worth quadrillions. Actual value will be stored in every token.

BTC maxis are in for a rude awakening.

[Anonymous No.22431343]

>>22429061
kys faggot, all your shitcoins are trash in comparision to the king bitcoin. all they do is pump and dump. bitcoin is the first and the only relevant one. banks want it. tech companies want it.

[Anonymous No.22431572]

>>22431329
Do math
1 Billion Link, 21 million bitcoin
Link is as fucking token you idiot
I bought at ICO and still hold link too
You make link look bad when you say stupid shit like that

[Anonymous No.22431674]

>>22431329
Based retard letting me fill my bags
Chainlink will never be hard money, it's a utility

[Anonymous No.22431790]

>>22431674
>>22431572
cope

[remember bitcoin forks No.22432037]

>>22431790
I hold LINK and investments that pay me a % of LINK's network traffic in LINK
Stop being over the top sensationalist
that shit died in crypto, we're too smart for that now