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25290672 No.25290672 [Reply] [Original]

Bitconners blown the fuck out. Your bitcoin cap means nothing because there are basically infinite shatoshis. Crypto crappers absolutely raging scam exposed. How will they ever recover.

>> No.25290809

>>25290672
Didnt read not selling

>> No.25290812

>>25290672
100m isn't infinite retard.

>> No.25290849
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25290849

There is no such thing as scarcity in bitcoin.

>> No.25290877
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25290877

Wow that dumb bitch and you have something in common OP, can you guess what it is?
1 cent = $1 right you stupid fuck?

>> No.25290886

>>25290672
dis wumen erery intlellient

>> No.25290895

>>25290849
how can one be so stupid
gr8 b8 m8

>> No.25290924

>>25290672
divide a dollar into 100 and buy 100 dollars with it why is no one doing this

>> No.25290944

>>25290849
>1 pizza divided small enough can feed the whole world forever
this is obviously a bait account.

>> No.25290965

>>25290849
how does she explain a stock split tho

>> No.25290969
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25290969

>>25290812
Its literally infinite.

>> No.25290981
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25290981

>>25290877
nvm I'm a retard
>Why yes, I did get baited by OP, how could you tell?

>> No.25291009

>>25290944
They are verified blue check accounts

>> No.25291031

>>25290672
just because 1 kg of gold is 1000 grams does not mean there is infinite gold.

>> No.25291048

>>25290969
imagine how good it is to know they are on other end of trade....

>> No.25291072

>>25290672
why does she have the ((())) around her name? i thought that was some sort of antisemetic pol meme

>> No.25291081

>>25290969
>>25290849
How can you be this retarded? You can add infinite zeroes you will still own the same percentage of the supply.

>> No.25291082
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25291082

Where can i buy fractional bitcoins?

>> No.25291107

Wow this is one of the dumbest takes ever

>> No.25291132
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25291132

>>25290672
Imagine being this fucking retarded...

>> No.25291222

>>25290672
Holy shit, these fools don't think through what they are about to post? They apparently have no shame in their stupidity.

>> No.25291243

>>25290672
Easy, you can create "bitcoin" by creating bitcoin IOUs. I'm pretty sure someone is stupid enough to borrow a bitcoin IOU at a fixed interest rate.

Market scarcity can be suppressed once a system of lending is set up around crypto and that system gains adoption, much like gold backed paper notes in the early 1930s. Once we have fractional reserve bitcoin lending, the price of the underlying will be suppressed too so as long as the IOU is just as good as the real thing.

So by this logic, yes you can have more bitcoin IOUs in circulation, than the underlying bitcoin. The same goes for every asset, including US treasuries (which is a big problem right now).

>> No.25291254

>>25290969
How do we create synthetic bitcoin tranches bros?

>> No.25291257

>>25290672
2.1 E15 is the max supply of units of BTC ever. The current supply of US fiat units (cents, not dollars) is roughly 1.5 E14

>> No.25291266

>>25290849
Gold can be subdivided so much that there is in practice no scarcity at all.

My gold leaf is the practically the same as a bullion since they're both gold

>> No.25291313

This dumb bitch wrote a 'book' about QE lmao

>> No.25291333

>>25290672
There is 1 (one) woman billionaire who made it with BTC as an early investor. One.

>> No.25291338

are they saying that a fraction of 1 is equal to 1 ?

>> No.25291357

>>25291243
I'm going to make a bet that your Bitcoin IOU will be defaulted on.

>> No.25291392

>>25291243
that's where smart contracts come in, no ?

>> No.25291410

>>25290849
>literally can’t into a decimal point
This can’t be real.

>> No.25291434

>>25291266
I work with precious metals for a living and any discrepancy under .02 oz t is written off as within margin of error. Sure you could divide it basically forever, but no one is ever going to measure gold by individual atoms or something

>> No.25291467

>>25291434
precious metals is a bad example because it's manipulated by literall jews who put out more IOU than actual supply artificially lowering the price.

>> No.25291495

>>25290969
>these are the people FUDing bitcoin
The only people left not holding bitcoin are people who are just not interested in finance whatsoever or people so desperate for FUD they make themselves appear to be medically retarded

>> No.25291651

this is dumb question but this seems like the place to ask it
for link, there's 1,000,000,000 tokens with 18 decimal places each
if even 0.000000000000000001 link can be worth $100, for instance, than wouldn't it be more correct to list the supply as 1,000,000,000 x 18, or 18,000,000,000?

>> No.25291705

>>25290944
Wouldn’t be so sure anon, the world really has gone to shit

>> No.25291772

>>25291651
No, that isn't an accurate way to list the supply. Its not 18 Billion, it's 1 E9 * 1 E18, so 1 E27 if I'm doing it right. Its a very big number

>> No.25291819

>>25291772
thanks
what is E here?

>> No.25291865

>>25291819
It is shorthand, basically it means 1 * 10^27

>> No.25291873

>>25291865
thanks

>> No.25291948

>>25291495
>The only people left not holding bitcoin are people who are just not interested in finance whatsoever
You shitcoiners are delusional.

>> No.25291971

>>25290672
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their bitcoin will continue its 30% monthly price increase.

No coiners, and anybody born in a future generation, will not be able to afford a $10,000,000 satoshi in 15 years. They will live in tent cities, and Hondas.

This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.

>> No.25291972

>>25291651
It would be 1b *10^18.

You can technically list it like that but it would be retarded. It's like listing the price of salt by the grain.

>> No.25291995

>>25290944
u see that blue check? means she's right faggot

>t. normie

>> No.25292049

>>25290849
DUDE IF YOU CAN DIVIDE SOMETHING IT HAS NO VALUE

>> No.25292058

>>25290672
> Bitconners blown the fuck out. Your bitcoin cap means nothing because there are basically infinite shatoshis. Crypto crappers absolutely raging scam exposed. How will they ever recover.

translation:
> NOOOOO I DIDNT BUYED BTC AND AM PRICED OUT FOREVER NO MAMIIIIIII AI AIAIAIAIAIIA!£!!!!!!!!!!!

>> No.25292090

>>25290672
Do jews still unironically use the ((()))?

>> No.25292203

>>25290672
Satoshis are just as scarce because they are literally bitcoin. It's the same asset.
>>25290849
The rate at which the supply is added decreases logarithmically and there is a maximum possible supply. It is a mathematical constraint. It's literally a function limit
There is also a maximum number of satoshis because a satoshi is just 1/100,000,000 of a bitcoin. So the maximum possible satoshis is 100M*21M = 2.1 quadrillion
>>25290969
Cool it can't be infinitely divided. Can't trust anyone whose understanding of the subject matter is this shallow
This is honestly like saying you'll never run out of gas because you can just divide the volume by 2 forever and never hit zero

>> No.25292238
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25292238

You cant subdivide gold or a Picasso. Checkmate bitconners.

>> No.25292259

>their argument is that if you divide every bitcoin into 1 trillion units and each unit is worth $1 that it's not "scarce" anymore

sounds pretty bullish for a chad like me that holds .075 btc

>> No.25292304

>>25290672
She does realize that $100,000,000 dollars is more than $1, right? Not to mention, the biggest argument for Bitcoin is that the purchasing power of that $100,000,000 will one day be the same as $1 today. The opposite is true for Bitcoin, and will continue to be true so long as the network exists.

>> No.25292308

>>25290849
pic related is retarded

>> No.25292310

>>25292238

MFW You can be an "economist" without understanding basic division

>> No.25292340

>>25292238
Exce... except you can subdivide gold?

>> No.25292371

>>25290672
so a gold atom is as scarce as a gold bar?

>> No.25292372

>>25292310
I thought you can't be one if you do understand it

>> No.25292414

women shouldnt be allowed to use social media, speak in public or have a job

>> No.25292420

>>25290672
>>25290969
I own 1.000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 dollars so I am super rich

>> No.25292424

>>25290672

>listening to women
>ngmi

>> No.25292450

>>25292340
yeah not infinitely but 3.36x10^27 atoms per oz

>> No.25292509

>>25292450
>not splitting atoms
Heh enjoy your worthless stones boomer, we're going nuclear

>> No.25292535

>>25292414

Ah, I see that you're a man of culture

>> No.25292542

>>25292509
if you split the atoms it's no longer gold

>> No.25292592

>>25290849
i just unironically bought btc

>> No.25292621 [DELETED] 

>>25290672
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their bitcoin will continue its 30% monthly price increase.

Nocoiners, and anybody born in a future generation, will not be able to afford a $10,000,000 satoshi in 15 years. They will live in tent cities, and Hondas.

This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.

>> No.25292647

>>25292592
based

>> No.25292654 [DELETED] 

>>25292621

This, but unironically

>> No.25292712

>>25292542

if you split the bitcoin its no longer bitcoin.

>> No.25292730
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25292730

>>25290849
>There is no such thing as scarcity in bitcoin
Wait..
1 kilogram of gold
1 gram of gold
1 milligram of gold
1 microgram of gold
1 nanogram of gold
1 pictogram of gold
Goys, we need to exit precious metals right now

>> No.25292739

>>25290672
lim (1) /= 1 my friend
Laughing at your stupidness

>> No.25293030

>>25292712
that's true but you are not splitting them at all.
as far as the protocol is concerned it's just a 64 bit integer value of sats. those are the atoms. the "coins" are no less arbitrary than gold ounces.

>> No.25293115
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25293115

stupid jewish woman doesn't get how btc works, or how basic math in general works. ok, we get it.

>> No.25293126
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25293126

Maybe bitcoin should just have been listed and priced in satoshis all along so as not to confuse boomer retards

>> No.25293128

>>25291948
And retards*

>> No.25293158

>>25293126

Yea you might be on to something

It would also help with out the boomers who say "I can't afford a bitcoin"

>> No.25293254

>>25290672
i love how this argument always implies there is still scarcity and that btc will inevitably appreciate in value lmao

>> No.25293282

>>25290969
you are retarded, this is not how computers work idiot, why do you think you have bit limits on your OS?