[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 482 KB, 860x701, 324-3242596_pepe-meme-rarepepe-sherlock-sherlockholmes-detective-pepe-hd.png [View same] [iqdb] [saucenao] [google]
29295481 No.29295481 [Reply] [Original]

>no coin has ever had any real world application that wasn't fake news meme partnership
>they all still moon
the entire crypto market is all bullshit speculation based on lies isn't it

>> No.29295537

>>29295481
kek, absolutely true, prepare for the butthurt muh new paradigm army OP

>> No.29295623

>>29295481
Yes. Bitcoin is the only coin that's ever served a purpose in the real world. Eth too if you count mining new shitcoins to defraud naive """investors""". Oh, and xmr.

>> No.29296301

>>29295623
>Bitcoin is the only coin that's ever served a purpose in the real world
??????????????????????????????????

>> No.29296370

>>29295481
I wouldnt say lies, more like based on how stupid people are which has no end

>>29295623
you could use monero and litecoin to buy drugs on the dark web. That is the only real function any crypto ever served which was to FIAT spend in otherwise illegal ways

>> No.29296477
File: 138 KB, 810x1080, EuDYIMaVEAIn4Fl.jpg [View same] [iqdb] [saucenao] [google]
29296477

>>29295481

>> No.29296516

>>29295481
probably, but gains are gains

>> No.29296572

Yes

>> No.29296607

>>29295623
Bitcoin was literally built on people stressing their gpus, it makes no fucking sense, it's monopoly money

>> No.29296694

>>29296607
Retard.

>> No.29296720

>>29296694
Nigger

>> No.29296837

>>29296694
Faggot

>> No.29296865

>>29296477
so there is a fantom logo in some indian or arab shop?

>> No.29296952

>>29296607
Brainlet

>> No.29296966

>>29296952
Kike

>> No.29297033

>>29296694
Kike

>> No.29297050

>>29295481
LTO, Currently being used by the likes of the United Nations, IBM, Airbus and many more. 272M circulating supply, 50% already leased, 7% payout from biz node every saturday. Top 15 for transactions at over 100k transactions a day, CEO recently said to expect 25% to 30% MoM increase in transactions. Devs have no bags to dump, they have already bought out VIDT using revenue not tokens. Deflation built in. Stansberry research describes it as the ethereum of the business world. Rosetta api being implemented. Integrators and clients have to buy LTO direct from exchanges to access the network. Only 900 make it stacks left on binance. Not yet listed in the US. LINK/LTO Collab Q3. I could go on all day about LTO but dyor, especially the math as the LTO math is amazing. The first blue chip crypto that companies are actually using on a daily basis and most of biz is running round trying to pump donkey coin or whatever other dogshit coin they find. 15k Suicide stack, 55k make it stack.

>> No.29297074

>>29296607
retard

>> No.29297217

>>29296865
It's used to verify if the products aren't fake or fraudulent

>> No.29297279

>>29297217
and there is no way of doing that without using fantom?
like just scanning the barcode?

>> No.29297330

>>29297050
>Currently being used by the likes of the United Nations, IBM, Airbus and many more
as i said fake partnerships
what do they use it for?
can we see them in action?

>> No.29297356

>>29295481
wrong. xmr served and still serves purpose.

>> No.29297405

>>29297217
imo it's more likely that the people behind fantom just gave some pajeet/abdul poorfag money to print that logo put it in his shop and take a pic
it's especially hillarious that thridworld countries would be the one applying the innovation btw

>> No.29297513

>>29296607
One of the reasons people are stressing their GPUs so crypto has the better security than the metallic ribbons and uv ink in Fiat bills.

>> No.29297606

>>29297050
>55k make it stack
that's .36 btc
so you're not expecting it to go much higher?

>> No.29297672

>>29297513
>better security than the metallic ribbons
will never happen
maybe better digital utility but never higher security than physical metals like gold and silver

>> No.29297868

>>29295481
100% agree. Enterprise blockchain is a retarded meme that only newfags fall for. I was all about it in 2018, but now I realize that there is 0 institutional interest in that shit. I have yet to see a single instance of enterprise use, and if it's happening in secret, what's the point of doing it on chain?

great thread OP

>> No.29297876

>>29297279
It's more complicated than that, I was just simplifying it.

>> No.29297916

But when I say McDonaldsCoin was made with this concept in mind, everyone has a knee jerk reaction and calls me pajeet
Don’t worry biz, we’re still working we just decided not to invite you to the party next time because no one can connect OPs statement with MCDC

>> No.29298072

>>29297330
You can go to coinstats and look at LTO in the top 15 for transactions. you can take 5 min to research the UN land registry deal, another country coming on board this year, you can do lots more research, thats up to you to do. All apy gains are paid from profit from the network, its not a bullshit inflationary coin.

>> No.29298169

>>29297606
I expect more than $100 LTO once the supply squeee kicks in Going off its P/E it should already be $6. LTO are implementing the rosetta api to enable the inevitable coinbase listing, where will coinbase buy their LTO from?

>> No.29298212
File: 627 KB, 1280x4376, delusionalMorons.png [View same] [iqdb] [saucenao] [google]
29298212

>> No.29298230

Stock trading is a real world application and the patrician's choice of trading platform will soon be Injective Protocol once it goes live (testnet is already available).
Even a boomer like Mark Cuban realizes that.

>> No.29298294

>>29295481
Yes, just like the stock market

>> No.29298391

>>29295481
ALBT

>> No.29298479

>>29295481
no, things like dapps or smart contracts are pretty interesting ways to do financial transactions. it's not a surprise that a bunch of real financial institutions are trying to develop their own.

>> No.29298495

>>29297916
You can thank the dumb cunt who decided to name it McDonaldsCoin for that one.

>> No.29298554

its actually kind of hilarious how schizophrenic crypto is, it is a store of value, no wait it is a payment system, actually no they are stocks, it is a miracle drug!

Let me tell you what crypto really is stock in a worthless company/product. Crypto went from a payment system to an unregulated stock market the thing is the meme token "stocks" you are buying is absolutely worthless

>> No.29298696

>>29298479
and if they want them they will and the meme tokens will remain worhtless as always. Anything you can with crypto you can do easier and better with conventional tech solutions.

The only real world appilcaiton any of this shit has was always there from the start. The blockchain decentralizes information to keep it from being monopolized by corporations, that's it, that is the big secret zoomer donktards are too dumb to figure out. The only thing of value in this trillion dollars ponzi scheme is the blockchain which doesnt even require meme tokens to use

>> No.29299117

XMR is the only crypto that serves a purpose.

>> No.29299192

>>29298212
this thread was magically deleted 5 mintues after I explained all of this to that dipshit btw so it shows you the jannies damn sure know it and want you holding their bags

>> No.29299295

>>29299117
well that isnt true, you can spend BTC and monero still on the dark web which was the only real value any crypto ever had. BTC became so valuable because of black friday. All the poker players who got shafted by the government shutting down the poker sites started gambling with BTC, solk road as well of course but it was really poker players who put it on the map, it was how I found it in 2012, just looking for a poker game online

>> No.29299494

>>29295481
You can buy stuff with Bitcoin cash

>> No.29299542

>>29299117
ironically flooding the makret with shit coins will actually kill btc because if drug dealers start taking other coins too then when the house of cards crumbles no one will take anything any more. It is too easy to sell buy and shitcoins now. BTC had value because you could easily sell it for cash, now you can sell of them pretty easily but soon enough they will all be worthless. I hope BTC survives it, I dont care if it drops back down to 50 bucks a coin, it was very valuable to a lof people for what it was originally used for

>> No.29299736

>>29299542
Are you stupid or something? XMR is the number 1 darknet market currency now. You should be saying XMR and shitcoins not BTC and shitcoins

>> No.29300089

>>29299542
If you were able to spell, I'd probably take your opinion more seriously.

Plus as >>29299736 said, XMR is the most popular darknet coin now. You obviously have no idea what you are talking about.

>> No.29300259

>>29299736
>>29300089
I am a computer scientist with a 140 IQ. I am smarter than you, better looking than you and richer than you will ever be. This is why smart people never give good advice to stupid people, because you are idiots and not worth the time it takes to tell you anything. Enjoy dying poor

>> No.29300305

>>29299494
i can buy stuff with pokem cards if people accept them

>> No.29300344

>>29299736
I havent bought drugs with meme tokens on almost a decade you fucking faggot of course I didnt know shit for brains because while you stupid ass was getting high and playing video games I was making money

>> No.29300396

>>29295481
Monero literally launders money every day

>> No.29300690

>>29300396
monero is really what btc was supposed to be evolve to then the market should have just stayed underground. Now is a shit show tulip scam that wont stop until people lose everything or the government shuts it down, which they will when the market melts down and all the idiots with meme tokens realize there is no market, no products no REVENUE just shitty tokens people are passing around while other people bet on their price going or down

>> No.29300697

>>29300344
btc and cryptos still have the value of being used for black markets though anon. they always will. when i realized they were the perfect way to hide your money i knew it was never going away.

but were in a period were people are inventing all this tech. i can loan out my money whereas i couldnt before but to close friends/family. people can be locked into contracts without ripping eachother off. no more middleman. the tech is endless and we are in that phase right now.

>> No.29300792

>>29300697
nah their price is to volatile and there are too many of them. There is only a market for handful not the 1000's out there now. LTC, BTC and monero was comfy after that it all fell apart and wont correct itself until it all crashes

>> No.29300849

>>29300697
an escrow service is the best you think this tech will accomplish? kek

>> No.29301031

>>29300849
when the whole system is decentralized and online, the possibilities are endless. i cant think of much better things because i would be out there inventing the next coin if i did.

true right now its 80% bull ghetto market but the real innovation is just starting

>> No.29301646

>>29301031
zero real world use anon
if there was ever a real world application of crapto then multibillion corporations would've firgured it out in 12 fucking years, but nothing changed because there is no pratical utility for it, besides manipulating retards with fake partnerships to pump and dump worthless tokens

>> No.29302158

>>29301646
its pretty funny that the only "innovations" and products they seem to make are ways to make it easier for more retards to buy and trade it

>> No.29302512

>>29301031
everything is "online" my dude and has been for a long time. No the possibilities are not "endless" there is nothing you can do with this technology that cant be done 100 times better with existing tech solutions, this tech is actually pretty shit tier compared what existed decades before it was invented. The only valuable thing in any of this tech is the block chain because it allows people to circumvent censorship and operate outside of the law. That is literally it.

>> No.29302875

>>29295481
I don't think you're wrong OP; with the exceptions of HBAR and LTO, but they are a drop in the crypto ocean. The counter argument I guess is this, is Tesla really worth like 800 dollars? It's all a Ponzi, fiat money printing ensures that everything is.

>> No.29302992

>>29302512
not true. do you know the implications of transactions being public instead of insider information for a companies benefit? how about known wallets of politicians in the future being tracked to curb corruption?

decentralized economy means no one can abuse their power. what happens in 100 years when countries start combining their laws, constitutions with shitcoins to track all sorts of things in order to improve society?

crypto could literally allow a new version of the declaration of independence, a new experiment in government and state.

>> No.29303296

>>29302992
>do you know the implications of transactions being public instead of insider information for a companies benefit?
Holy fucking shit, why would any company ever do this? You live in la la land because you drank all the kool aid. Jesus Christ their balance sheets and taxes and all that shit are already available it is required by law for all publicly traded companies to publish all that stuff in the public sphere. What the hell do you think investors use to value a company to see if they worth investing in? I am sorry anon but you have no idea what you are talking about and just have your head int he clouds. Be careful little bro, get in an get out with some gains. This tech is worhtless and will never do anything except of the underground freedom fighters that are about to start blowing shit up to fight back against this kiked communist system they are trying bring in. They will use it to send money to each other and to avoid censorship and it will be valuable for that but otherwise it is a complete dead end no one else will use for anything.

>> No.29303846

>>29303296
yeah man me as a private citizen can totally go ask bank of america for their valuations and ill get them . yeah thats totally how it works now. and the government will give me the tax information and same access as the fbi as well.


your thinking about crypto to make more money, im thinking how it will improve society. i bet making bitcoin a countries currency and making a law that you have to have your wallet registered to you would solve a lot of societies problems. its much better then the honor system we have now where we just have to trust the elites.

how would decentralization not improve society? and of course companies will fight against it. you can argue to me that the companies and elites will get their way, but you cant say the usefulness isnt there.

>> No.29303950

>>29295481
Are you this retarded?
BTC ETH XMR LTC are coins that were used as payment for lending your PC, that was its use.
Nowadays most coins are just garbage, true, but SOME of them, actually have a use.
>>BLOCKCHAIN
You do realise, blockchain is actually only for the purpose of security right?
Just having a site, doing shit, is NOT being safe.
>>FUNDS ARE SAFU
Btc is just fucking slow, so is eth, and gas is insane nowadays, thats why they're useless.
What is TRULY and UNDENIABLY worthless are NFT'S.
Those are literally like pokemon cards. Worthless IRL, only sentimental value.
So next time you type something, DYOR fucking Hamburger.

>> No.29304139

>>29297279
There is. A shitton of em. But none of them are almost impossible to cheat.
>>>>29297876
You weren't, it is literally JUST that. The only thing FTM does, is just be a somewhat fast to verify blockchain. Literally worthless beyond that.

>> No.29304227

>>29303846
>shit tokens are somehow going to get private corporations to post their private financial records that they can just put on a website if they wanted to because ... reasons

What the absolute fuck are you smoking my guy?

>> No.29304519

>>29300259
>computer scientist
lmao you're a college student

>> No.29304606

This is exactly why I'm so bullish on Encrypgen. Willing to answer questions about it if anyone is interested.

>> No.29304752

>>29295481
what's wrong with the use case being gambling and speculating

>> No.29304775

>>29304519
im 44 years old dip shit

>> No.29304985

>>29304227
im talking about in 100 years when everybody figures out decentralization with public chains as an economy and the people force or kill the elite to change the laws .
with shitcoins you can make a government and an economic system that grows to improve society. base incentives around middle/poor class wealth growth and other things a thriving society should have. im not sure how it would be done exactly but the tech is there and the system can exist.. capitalism was a baby step and got a lot of people out of the poor class but its reducing again - decentralized crypto that works to benefit mankind and a government based around it could be the next.

>> No.29305247

>>29304985
you know what else is decntralized anon and isnt shit tier tech? Torrents. This technology is shit, you dont understand it and you live in la la land pipe dreams. No one is saying these aren't problems the point is this bullshit is going to solve any of it

>> No.29305305

>>29295481
Get in on the pyramid scheme while you can

>> No.29305361

>>29304985
in fact that is all the blockchain is essentially a massive fucking torrent file

>> No.29305365
File: 15 KB, 181x254, church.png [View same] [iqdb] [saucenao] [google]
29305365

>overlooking the only cryptocurrency that is currently in use as, you know, currency
ngmi

>> No.29305433

>>29295623
What is the real-world purpose of BTC? Other than goving people hopium.

Crypto is almost like a religion at this point.

>> No.29305454

LTO is used. That's why it dropped out of the top 200.

>> No.29305511

>>29305433
*giving

>> No.29305566

>>29305365
Im so fucking bullish on xmr you have no idea

>> No.29305599

>>29305247
ok. i'm not even going to go into the point that crypto solves the debt problem. we can just agree to disagree.

>> No.29305706

>>29295623
>Bitcoin
>serves a purpose
wat

>> No.29305855

>>29305706
>money laundering

>> No.29306099
File: 7 KB, 387x130, proxy-image.jpg [View same] [iqdb] [saucenao] [google]
29306099

ICX is widely in use and more usecases coming all the time. It hasn't even mooned yet. It's going to break ath easily this year.

https://www.gemini.com/cryptopedia/icon-network-icx-use-cases

>> No.29306253

>>29295481
It's the dot com bubble. 50,000+ products trying to solve 4 problems.

>> No.29306435

>>29296301
Drugs

>> No.29306578
File: 58 KB, 236x191, 161578651657984.png [View same] [iqdb] [saucenao] [google]
29306578

Current over-extended alts that I'm seeing based on common biz mentions, there's likely many more.

XLM XRP ETH ALGO GRT LTC ZRX LINK NU

If we have an alt season, either the alt season happens as BTC peaks and these shoot further off into the stars solidifying themselves as stable solo coins, they tank with BTC clearing their over extension to varying degrees or they barely move relative to other alts and still signal that they're steady coins and provide a solid usecase.
I think in a few months, looking back, the biggest idea to consider after this cycle isn't what altcoin(s) you successfully picked to 10x or 100x, timing BTC or another coin at the top, or even choosing to hold onto your SATs till the next run. I think after this run we're going to see further widespread adoption of crypto/blockchain tech. Crypto, even non BTC, isn't just funny money anymore; I think the over extension of many altcoins signals a breakthrough of global adoption of blockchain tech and alts will begin to be permanently valued by what they do and not their price relative to BTC. For the coins I listed some may fail for various reasons or succeed for other reasons but it likely won't be due to BTC tanking in the coming years.

>> No.29306841

>>29306253
What even became of the internet?

>> No.29306883

>>29295481
>What is LTO?
https://youtu.be/4FPSaNqooCw

>> No.29307025

>>29298212
>>29299192
crypto is an online casino, no one in their right mind has ever claimed anything else
the idea is to make as much fiat as you possibly can from the crypto casino and convert those pieces of paper into solid gold

>> No.29307047

>>29306841
>thinks he is making a clever quip when he is regurgitating what I have been saying this entire thread exactly what will happen again
>>29302512
All the meme companies are gone and only the the part that had any value is left which is

>> No.29307139

>>29307025
>crypto is an online casino
>the idea is to make as much fiat as you possibly can from the crypto casino and convert those pieces of paper into solid gold
Yes I explained that in detail
> no one in their right mind has ever claimed anything else
Is this your first day on the internet?

>> No.29307504

>>29297868
Isn't coca cola using unibright?

>> No.29307635

>>29307139
>their right mind
>right mind
plenty of idiots on the internet friend
only tech illiterates and short sighted crooks push crypto as something other than a casino with FOMO/FUD/TA as the main drivers instead of dumb blind luck (although there is plenty of that as well)

>> No.29307925

>>29307635
true sadly we live in world where being stupid and clueless is the norm