I'm starting to believe all the "bubble" talk. BTC is approaching a $100 billion market cap with very few actual uses. This isn't going to end well.

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Anonymous Mon Oct 16 03:20:13 2017 No.3896590 [Reply] [Original]

I'm starting to believe all the "bubble" talk. BTC is approaching a $100 billion market cap with very few actual uses. This isn't going to end well.

>>	Anonymous Mon Oct 16 03:21:46 2017 No.3896603 It does exactly what it's supposed to do. Digital store of value without boundaries

>>	Anonymous Mon Oct 16 03:21:46 2017 No.3896604 Bitcoins marketcap this month is artificial. Its going to flow back to alts after the fork. Also how does it have no use? Everyone uses it to trade altcoins.

>>	Anonymous Mon Oct 16 03:21:59 2017 No.3896606 >>3896590 hi shillman

>>	Anonymous Mon Oct 16 03:22:50 2017 No.3896618 >>3896590 you don't know what a bubble is

>>	Anonymous Mon Oct 16 03:24:56 2017 No.3896636 >>3896604 >Also how does it have no use? Everyone uses it to trade altcoins. Yeah and that's about it. I'm not paying my electric or grocery bill in BTC. 99.5% of the planet doesn't have a clue nor give a fuck about bitcoin.

>>	Anonymous Mon Oct 16 03:26:37 2017 No.3896659 >>3896618 Sure I do. Notice I did not say all of crypto was in a bubble, but Bitcoin certainly appears to be. There are quite a few other cryptos out there that have much more potential to become mainstream.

>>	Anonymous Mon Oct 16 03:28:05 2017 No.3896680 >>3896636 99.5% of people don't know what the term 'municipal bond' means

Anonymous Mon Oct 16 03:29:42 2017 No.3896694
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>>3896590
you shouldn't be afraid of bitcoin. The bubble won't start from there. It will start from BitConnect and other ponzi shitcoins.

These fuckers advertise like crazy and sponsor events and shit.

>semi-normie friend contacts me a few days ago
>tells me he got into crypto
>ask him what he bought
>IT'S FUCKING BITCONNECT
>ask him why did he choose Bitconnect
>tells me he saw it advertised everywhere and likes their idea
>i tell him it's ponzi shit and explain it to him
>pretends to believe and agree with me
>still believes in bitconnect

This piece of shit has almost 1.4 billions market cap. It will continue to grow and when it crashes it will bring about the dark ages of crypto. No normie will touch crypto for years to come.

If there's a way to destroy this shit, even get /pol/ involved, we should kill this cancer before it spreads more and fucks us all.

>>	Anonymous Mon Oct 16 03:32:33 2017 No.3896737 >>3896694 I don't necessarily disagree with you, but it's still the wild west of cryptos right now. Whatever triggers the crash is gonna burn a lot of normies and the federal hammer will come down like a fucking guillotine.

>>	Anonymous Mon Oct 16 03:33:02 2017 No.3896745 >>3896694 It truly is cancer. How can you tackle a free market ponzi with free market tactics and not regulation? As long as it remains profitable, people will do it.

Anonymous Mon Oct 16 03:35:25 2017 No.3896774

>>3896659
the only thing that could even remotely contribute to a bubble in bitcoin is the etf and as it stands it's a paltry 1 percent when compared to bitcoin's marketcap.
You don't know what a bubble is. People don't trade bitcoin from thin air, they make buys with cash money and exchanges settle for cash 100's of times a day. People are so afraid of holding large amounts of bitcoin because of the risk that overstock having a 50% hold made the news. Bitcoin is literally manufactured by an extremely predictable and infallible process. Bitcoin is not in a bubble.

Anonymous Mon Oct 16 03:37:34 2017 No.3896802

>>3896590
Richard Prince's photo of a Marlboro advertisement is worth 20 million and does nothing. Same with Andreas Gursky's photo of a shopping center, just sits there, I don't even think it's in a public gallery earning tourism dollars

I think BTC will be FIIiiiIiiiIIIIiiiiIIne

Also the market cap is irrelevant as long as trading volumes maintain, Satoshi Nakanonymousto is probably never gonna sell of the vast majority of his coins with makes the per-block capitalization a lot smaller.

>>	Anonymous Mon Oct 16 03:41:08 2017 No.3896849 >>3896745 my local government runs a lottery here. You won't convince me with that line. if ponzis bother you so much, go rob one. it's fun.

Anonymous Mon Oct 16 03:41:57 2017 No.3896858

>>3896774

>People don't trade bitcoin from thin air, they make buys with cash money and exchanges settle for cash 100's of times a day.

It's still created from thin air. Just because people *believe* it has value doesn't make it so. It's no better than stocks - which can and do go to zero value all the time. Actually it's worse than stocks, because at least stocks have tangible assets behind them. There is literally NOTHING behind bitcoin.

If it had a massive variety of world use cases I'd be more inclined to believe that this growth is sustainable. But it doesn't. An extremely insignificant percentage of the world's population recognize it as having any value, and orders of magnitude less will accept it as payment for anything meaningful.

>>	Anonymous Mon Oct 16 03:44:03 2017 No.3896879 >>3896603 exactly >>3896590 what do you do with your nations currency? trade it for goods and services, any others?

>>	Anonymous Mon Oct 16 03:45:37 2017 No.3896891 >>3896879 >trade it for goods and services, any others? Obviously. But my nation's currency is universally accepted. Bitcoin is not.

>>	Anonymous Mon Oct 16 03:45:47 2017 No.3896893 >>3896603 That's just a meme now that Bitcoin is worth something It was supposed to be a currency replacement first and foremost

Anonymous Mon Oct 16 03:47:35 2017 No.3896909

>>3896858
if you pretended that bitcoin was a company and made a balance sheet for it, would you ignore mining farms as a tangible asset?

does xyz instrument, with all it's leverage have more tangible assets behind each dollar of it's marketcap? are those all 'in a bubble'?

>>	Anonymous Mon Oct 16 03:51:40 2017 No.3896952 >>3896909 >would you ignore mining farms as a tangible asset Do you honestly think those "mining farms" are worth $100 billion? If so... who's your buyer?

>>	Anonymous Mon Oct 16 03:55:43 2017 No.3896997 >>3896952 I don't presume to know how much the total network's hardware is worth, but your arguments have turned petulant so I will let you get back to your little soapbox :)

>>	Anonymous Mon Oct 16 03:56:06 2017 No.3896999 File: 167 KB, 960x911, 1495694015743.jpg [View same] [iqdb] [saucenao] [google] >>3896590

Anonymous Mon Oct 16 03:56:08 2017 No.3897000

>>3896909
they aren't a tangible asset if the prisoner's dilemma breaks and the floor of it falls out and makes mining unprofitable for everyone
the same as 1 billionaire could buy all the bitcorns like in sysbro's copypasta, so could one also obtain 99% of the hashpower and power it renewably with a bit of initial investment, ruining it for everyone by taking a big dump on the margins
>they'll just change the protocol
yeah it'll fork 5 times and fracture the already dwindling maximalist die hards even more

>>	Anonymous Mon Oct 16 03:58:45 2017 No.3897029 >>3897000 I use the hide feature for this level of stupidity

>>	Anonymous Mon Oct 16 03:58:46 2017 No.3897031 File: 14 KB, 423x325, 1507895583101.jpg [View same] [iqdb] [saucenao] [google] >muh bubble Hmm..

Anonymous Mon Oct 16 03:59:11 2017 No.3897038

>>3896997

>I've realized I actually have no argument, so I'll just throw out some ad-hominem and call it a day.

If you really are an investor these are pertinent issues. If you want to stick your fingers in your ears and say "la la la I don't care" that's fine, but don't say you weren't warned.

>>	Anonymous Mon Oct 16 04:00:14 2017 No.3897050 >>3897031 >>3896659 >I can't read thread

>>	Anonymous Mon Oct 16 04:01:40 2017 No.3897066 >>3897029 children usually do run away from things they can't reason with

Anonymous Mon Oct 16 04:02:07 2017 No.3897072

>>3896636
> 99.5% of the planet doesn't have a clue nor give a fuck about bitcoin.
> Is in a bubble

One of the defining properties of a bubble is it being a widely held asset. If you can not understand why it is valuable and believe it is overvalued then SELL otherwise stop shitting up our board with your brainlet questions.

Anonymous Mon Oct 16 04:02:11 2017 No.3897073

>>3897038
yeah i can tell you're not stupid enough to think that a company's value is equal to it's tangible asset value. I can also tell you're not stupid enough to think that you can model bitcoin as a company in the first place, or that bitcoins themselves can stand in as shares in any case. But you used a lazy argument and derailed your own thread. What else could I say?

>>	Anonymous Mon Oct 16 04:03:36 2017 No.3897089 >>3897073 Just ignore OP he isn't going to make it.

>>	Anonymous Mon Oct 16 04:07:23 2017 No.3897128 >>3896590 https://pastebin.com/ZUxTmR99 How to estimate price? take summ capitalisation of all banks include central bancks with gold reselves

Anonymous Mon Oct 16 04:08:01 2017 No.3897138

>>3897072

Oh please. When the dot com bubble blew in 2000 not even 6% of the planet used the internet.

>>3897073

I never claimed a company's tangible assets had to match their market cap. You really excel at putting words in people's mouths don't you?

But I will guarantee you that any company worth $100 billion has a fuckload more assets to throw against that value than a couple of Chinese mining farms.

Apparently you cannot grasp this distinction.

>>	Anonymous Mon Oct 16 04:12:47 2017 No.3897189 >>3897138 sorry but you don't understand how corporate finance works. at all. You were really gung ho about making this poast but you don't have the knowledge to back it up.

>>	Anonymous Mon Oct 16 04:16:07 2017 No.3897224 >a bubble must be at this size and it must be this long to burst muh paradigm

Anonymous Mon Oct 16 04:20:53 2017 No.3897266

>>3897189

We're not talking about corporate finance you fucking numbskull. YOU are the one who said "pretend bitcoin is a company" and made some asinine comparison with the value of mining hardware.

That's just it, dumbass - bitcoin is NOT a company. There's nothing behind it's value whatsoever. It's all speculation.

On the flip side I don't have to "speculate" that Apples stock has value. I can drive my happy ass to Cupertino California and walk into their fucking headquarters. That headquarters is a physical structure. That physical structure has value.

You CANNOT say the same with Bitcoin. Period.

Anonymous Mon Oct 16 04:28:30 2017 No.3897370

>>3897266
Yeah i've been there too, pretty nice place. Didn't care much for the people and the fire drill was annoying and reminded me of grade school.

But what's so special about their campus if it's offset by an equal amount of debt load? I'm sure it makes amateur investors comfortable but not me. I wouldn't buy apple stock unless I had some special information :)

Anonymous Mon Oct 16 04:37:05 2017 No.3897470

>>3897370

> I'm sure it makes amateur investors comfortable but not me.

Apparently that's the part you aren't getting. Most investors are "amateur investors". They want their money secure, or as secure as it can be. How are you going to convince all of these people to "invest" in something they can't even fucking see?

You can't. And 7 years on bitcoin is still used by an extreme minority. It's going to need widespread use/adoption to maintain these price levels and I simply do not see that happening.

>>	Anonymous Mon Oct 16 04:38:41 2017 No.3897495 >>3896590 I will buy you out and then laugh at you when BTC goes over 20k by 2019

>>	Anonymous Mon Oct 16 04:40:42 2017 No.3897528 >>3896858 What is behind fiat? KYS.

>>	Anonymous Mon Oct 16 04:41:37 2017 No.3897543 >>3896590 FUCK OFF SHILL sage

>>	Anonymous Mon Oct 16 04:41:50 2017 No.3897546 >>3897528 >What is behind FIAT? Depends on who's FIAT you're talking about, tardo.

>>	Anonymous Mon Oct 16 04:42:28 2017 No.3897554 >>3896590 Bubble ? Just to remind you that real estate bubble is 217 000 BILLION dollars . Stock Market is a 80 000 BILLION dollars . so bitcoin isn't a bubble or it just the start .

>>	Anonymous Mon Oct 16 04:43:17 2017 No.3897566 stop respond to shills sage

>>	Anonymous Mon Oct 16 04:44:10 2017 No.3897584 idc if BTC goes back to <1k because that would mean it will become easier to gain more BTC. Best thing that could happen.

>>	Anonymous Mon Oct 16 04:45:16 2017 No.3897610 >>3897554 Real Estate involves thousands of mortgage brokers. Stock markets involve thousands of companies. We're not talking about something with THOUSANDS of facets. We're talking about ONE cryptocurrency with very few uses.

>>	Anonymous Mon Oct 16 04:46:40 2017 No.3897627 It's cute there's still deniers, altcoiners, and general retards still You're just sour grapes you don't have a worthwhile stake in Bitcoin. Cry me a river and cope some more

>>	LAK Mon Oct 16 04:48:26 2017 No.3897659 >>3896590 Market Cap: $172,223,797,822 for BITCON !!!!

>>	Anonymous Mon Oct 16 04:48:54 2017 No.3897667 >>3897224 fuck off shill. you're a dumb fuck if you agree with OP

>>	Anonymous Mon Oct 16 04:48:59 2017 No.3897668 >>3897627 Ya know, it's almost like people have forgotten the huge $1k rally that subsequently plummeted and BTC went stagnant for years. If you honestly think it can't happen again, well.... "a fool and his money are soon parted"

>>	Anonymous Mon Oct 16 04:50:33 2017 No.3897685 >>3897627 this, these retards have been saying its a bubble since hit $100 anyway, we're going to be the new rich and nocoiners will stay behind. 100k bitoin by mid-end of 2019

>>	LAK Mon Oct 16 04:50:55 2017 No.3897690 >>3897031 fantastic thank you for this input

Anonymous Mon Oct 16 04:51:59 2017 No.3897705

>>3897610
Compare bitcoin to the dot com bubble and the real life use of these companies.
You have no idea what a bubble is. Bitcoin has qualities even without real life use, store of value and deflationary asset easy to transact.
Crypto has a lot of uses and we're only seeing the top of the iceberg and that's enough to drive the market, give a couple years and you'll see crypto influencing the life of the average person, either way we are far from a bubble, or this is the smallest bubble in history lmao.

Anonymous Mon Oct 16 04:52:02 2017 No.3897707

>>3897668
it will happen YOU RETARD

like ALL MARKETS

shit goes UP shit goes DOWN

even the US DOLLAR, even REAL STATE, even BONDS,even STOCKS, that's just how markets work

but the trend is UP and you're missing out on SWEET gains cause you're a little stupid shill

Anonymous Mon Oct 16 04:54:08 2017 No.3897736

bitcoin goes up? i buy

bitcoin goes down? i buy

that's the philosophy of the new rich. you'll be cleaning toilets while the bagholders you laughed at run away with the millions and become the new elite. how does that make you feel, shill? knowing you could have been rich but you decided to be a negative shill instead? sad!

Anonymous Mon Oct 16 04:56:23 2017 No.3897757

>>3897705

>Bitcoin has qualities even without real life use, store of value

And if someone flips the proverbial light switch, it all goes *poof*. It's not even insured FFS.

>and deflationary asset easy to transact.

Yeah, so easy. Let me know when people are balancing their checkbooks to 8 fucking decimal places.

God you maximalists are delusional.

>Crypto has a lot of uses

I never claimed it didn't. Bitcoin is simply not keeping pace. It will be usurped.

Anonymous Mon Oct 16 04:56:49 2017 No.3897763

>>3897470
I hold out little hope for mass adoption as a payment system. The market has also shown it doesn't really buy the 'digital gold' line either. However, I think eventually most funds will have at least a small sliver of non-fiat cryptocoin exposure. It really doesn't matter to me if the average person ends up buying bitcoin, because the person that controls the fund behind etf xyz in your retirement account will buy it for him.

>>	Anonymous Mon Oct 16 04:57:39 2017 No.3897775 >>3897736 Keep telling yourself that.

>>	Anonymous Mon Oct 16 04:59:23 2017 No.3897800 >>3897763 If you can get legitimate retirement funds treating bitcoin as a store of value, as well as other "out of sight" uses, then this is sustainable. That is not happening right now.

>>	Anonymous Mon Oct 16 05:00:50 2017 No.3897816 >>3897775 i just made 5k today with XLM yer you're a fucking retarded shill lol

>>	Anonymous Mon Oct 16 05:00:51 2017 No.3897817 >>3897757 Re post this thread in 2 years when bitcoin reaches 20k so we can all laugh at you please

>>	Anonymous Mon Oct 16 05:02:24 2017 No.3897834 >>3897816 We're talking about BITCOIN, moron. Not alts. Try to keep up.

Anonymous Mon Oct 16 05:06:33 2017 No.3897877

>>3897800
there is a very long chain of permission that has to wind up to allow real leverage to enter the market. Funds literally can't enter yet even though they want to, but they will the second imaginary coins are allowed to exist in large quantities.

>>	Anonymous Mon Oct 16 05:08:15 2017 No.3897901 >>3897834 don't care you're still a nocoining faggot bitcoin is not in a bubble, now shut the fuck up

>>	Anonymous Mon Oct 16 05:09:37 2017 No.3897926 >>3897901 >you're still a nocoining faggot Wrong. It's time for bed, child.

>>	Anonymous Mon Oct 16 05:10:39 2017 No.3897936 >>3897877 The regulatory concerns are going to take years to be addressed.

>>	Anonymous Mon Oct 16 05:14:33 2017 No.3897981 >>3897926 BITCOIN IS NOT IN A BUBBLE NOT EVEN CLOSE how many more times can ppl make it clear for you? your thread is dumb shill just stop

>>	Anonymous Mon Oct 16 05:16:36 2017 No.3897999 >>3897981 >BITCOIN IS NOT IN A BUBBLE NOT EVEN CLOSE What can I do with Bitcoin that justifies a $5,600 price? Do tell.

>>	Anonymous Mon Oct 16 05:19:09 2017 No.3898016 File: 157 KB, 652x812, eleonor.jpg [View same] [iqdb] [saucenao] [google] https://pastebin.com/ZUxTmR99 2. GOLD EXACTLY SAME A PYRAMID SCHEME AS A BITCOIN BUT ALREADY ABSORB ALL IN

>>	Anonymous Mon Oct 16 05:19:22 2017 No.3898021 >>3896659 Oh Jamie...

>>	Anonymous Mon Oct 16 05:21:54 2017 No.3898047 >>3896590 >100 billion market cap This IS the use. People are treating it like gold rather than paper fiat.

>>	Anonymous Mon Oct 16 05:22:51 2017 No.3898055 >>3896891 It is though I live in fucking uruguay

>>	Anonymous Mon Oct 16 05:23:38 2017 No.3898064 >>3897999 You can buy stuff on Newegg

>>	Anonymous Mon Oct 16 05:23:40 2017 No.3898066 >>3897999 the same thing with gold: store your value in it how many more times can we tell you this? it's not a bubble, i doubt it's even in the beginning stages yet.

Anonymous Mon Oct 16 05:24:10 2017 No.3898069

>>3898047

Nonsense. If I wanted "gold" I'd just buy gold. It's far less volatile than cryptos. Plus I can keep it in my possession and insure it.

I suppose if you live in some 3rd world shithole where you can't buy gold it might make sense, but then again if you're living in a 3rd world shithole you likely can't afford it anyways.

>>	Anonymous Mon Oct 16 05:26:00 2017 No.3898093 >>3898064 ...and wait a stupidly long time for it to transfer while paying a ridiculous transaction fee, whereas my VISA is instantaneous. No thanks. Try again.

>>	Anonymous Mon Oct 16 05:27:02 2017 No.3898101 >>3898066 See >>3898069

>>	Anonymous Mon Oct 16 05:28:35 2017 No.3898114 >>3897546 Ehm, no? What gives value to fat currencies is us believing it has value Fiat is just debt, nothing really backing it up but more debt So... I'd rather keep my internet meme coins, at least there's a finite number and no bank running it

Anonymous Mon Oct 16 05:30:39 2017 No.3898136

>>3898114

>Fiat is just debt, nothing really backing it up but more debt

True, but not the whole picture. US fiat is the "petro dollar". Our military industrial complex is it's backing. The dollar will always have value so long as the US military stands.

>>	Anonymous Mon Oct 16 05:30:50 2017 No.3898139 >>3898069 get out retarded boomer

>>	Anonymous Mon Oct 16 05:31:30 2017 No.3898146 >>0IIGqGpw you sure are desperate as fuck to argue against something you dont even understand. please understand how money works and what makes money currency before wasting everyone elses time. thanks.

>>	Anonymous Mon Oct 16 05:32:24 2017 No.3898158 >>3898139 >boomer 33. Just happen to live in reality. Sorry fucko.

Anonymous Mon Oct 16 05:35:48 2017 No.3898195

>>3898136
What about the chinese recently opting to buy and sell oil with gold-backed Yuens, are you going to invade them to?
Your petro-dollars are just more fiat
Oil isnt here for the long term either, while the internet, on the other hand, is

When oil isnt used and we have renewable sources of energy being implementend, wouldnt bitcoin be worth even more?

Anonymous Mon Oct 16 05:37:12 2017 No.3898207

>>3898146

I'm actually well versed in how our current monetary system works. Apparently you are not. So here's the cliff notes:

The US dollar is THE world reserve currency. Virtually all international oil trades are settled in US dollars. The US has military alliances with major oil producing nations to enforce this. We defend them, they give our currency value via demand for a commodity that every nation needs. Ergo - the petro-dollar.

This concludes today's lesson. You're welcome.

>>	Anonymous Mon Oct 16 05:37:43 2017 No.3898214 >>3896694 Yep. However blatant ponzis are only the tip of the iceberg. EOS and others will have a larger effect and when this shit blows it will be fucking hilarious.

>>	Anonymous Mon Oct 16 05:38:13 2017 No.3898221 >>3898093 Bitpay visa debit card. I hold alts, but ironically, convert to BTC to spend

>>	Anonymous Mon Oct 16 05:39:43 2017 No.3898241 >>3898195 All that matters is who controls the majority. That ain't China. Bitcoin needs to find a practical use. It simply doesn't have one. I make money on bitcoin but I sure as shit won't hold it long term.

Anonymous Mon Oct 16 05:39:46 2017 No.3898242

>>3898207
>>3898195
And we dont really need oil, it is a really retaeded way to get energy and either we leave it behind or die
We already have better sources of energy too
Also the dollars arebt a reserve of value, they're a payment method
Countries hold dollars just to manipulate the market to give it stability as its a free market but volatility would ruin the economy of many if not all countries

>>	Anonymous Mon Oct 16 05:40:45 2017 No.3898251 >>3898221 But your still having to convert to a native currency to use that bitcoin. That's my point. It has extremely few direct uses, it has to piggy back on someone else.

>>	Anonymous Mon Oct 16 05:41:04 2017 No.3898257 >>3897546 Are you really this stupid? Name a single fiat that is backed by anything, AND has a limited supply AND isnt tied to the USD. I'll wait.

>>	Anonymous Mon Oct 16 05:42:00 2017 No.3898267 >>3898241 Now you think China dosent matter That's it folks, OP is a 33 yo NEET who believes what he wants to believe Go to sleep OP, the sun is already out

>>	Anonymous Mon Oct 16 05:42:36 2017 No.3898274 >>3898242 >we dont really need oil LMAO... you don't actually think oil just runs your car do you? Have you ANY idea how many products you use every day that are derived from oil?

>>	Anonymous Mon Oct 16 05:44:06 2017 No.3898288 >>3898267 >Now you think China dosent matter Read again moron. I said what matters is who controls the MAJORITY. I dunno why the hell I'm even responding to you desu, you don't even know what the hell oil is used for.

Anonymous Mon Oct 16 05:44:48 2017 No.3898294

>>3898136 all China has to do is send out a fleet of cargo ships and our navy is done lol. Really though the US military is a joke. Russia and China are almost at parity if not better and unlike us, they dont have a fucking social experiment of a military that is spread thin and fighting wars for oil arcoss the globe.

>>	Anonymous Mon Oct 16 05:45:13 2017 No.3898302 >>3898257 Try reading my previous responses. I'm not going to repeat myself to a bunch of NEET who can't into basic reading comprehension.

Anonymous Mon Oct 16 05:45:16 2017 No.3898304

>>3898274
Yes, sadly I do know
Loads of consumerist garbage like plasroc derivates and cars
As I said, there's better sources of energy, only reason we still use oil is because of the greed of the oil owners
Also I dont drive a car because Im not a consumerist and selfish asshole, I walk, drive a bike or take the bus
Really no need for a car and Im happy without one

>>	Anonymous Mon Oct 16 05:46:49 2017 No.3898324 >>3898302 So rather than answer the question you just talk shit.

>>	Anonymous Mon Oct 16 05:48:05 2017 No.3898343 >>3898207 this isnt 5 years ago you stupid old fuck

Anonymous Mon Oct 16 05:48:57 2017 No.3898349

>>3898294

>Really though the US military is a joke. Russia and China are almost at parity

BAHAHAHAAAAAAAAA. Do you know how many commissioned aircraft carriers Russia has?

One.

China?

One.

The USA?

TWENTY.

And that's just one sliver of our overall abilities. It's time for me to go to bed. The amount of fucking kids on this board has become inane.

>>	Anonymous Mon Oct 16 05:50:45 2017 No.3898368 >>3898288 That would mean Venezuela is the world most powerful country, it isnt Nigeria has bigger proven oil reserves that the US of A I only keep answering because I find your lack of intellect amusing

>>	Anonymous Mon Oct 16 05:51:55 2017 No.3898381 >>3898304 >take the bus That bus must be made of wheatgrass and run on unicorn farts, eh? lmfao. goodnight youngins.

>>	Anonymous Mon Oct 16 05:52:13 2017 No.3898385 >>3898349 youre cringy as fuck you fucking autist go back to plebbit

Anonymous Mon Oct 16 05:52:37 2017 No.3898396

>>3898093
Did you really just claim VISA is cheaper than bitcoin... You poor dumb bitch. I bet the extent of your crypto knowledge is a coincuck account. Take it from a business owner who pays tens of thousands of dollars a year in transaction fees that you are dead wrong.

Anonymous Mon Oct 16 05:54:50 2017 No.3898421

>>3898385

He's unironically right though, the US military is by far the strongest in the world, it's not even close. In fact we could probably reduce the military expenditure down to 1/3 of what it is right now and still be the strongest military in the world

>>	Anonymous Mon Oct 16 05:55:03 2017 No.3898425 >>3898349 dont forget the top secret submarine nukes.... and the 13700 US high-tech aircraft vs China's 2000 low quality aircraft. And god forbid other WMD hidden under the vault

>>	Anonymous Mon Oct 16 05:57:28 2017 No.3898455 >>3898381 Actually they're becoming electric because my country dosent have oil The fact is that public transportation allows us to use less stupid oil

>>	Anonymous Mon Oct 16 05:57:48 2017 No.3898460 >>3898396 He was clearly talking about the fees paid by the CONSUMER ya fuckin idiot.

>>	Anonymous Mon Oct 16 06:04:22 2017 No.3898533 File: 75 KB, 1920x1080, 1HY62BL_016_lt[1].jpg [View same] [iqdb] [saucenao] [google] >>3898460 >searches biz folder for priced in memes

>>	Anonymous Mon Oct 16 06:41:19 2017 No.3898916 >>3898158 All you're doing is rationalizing why you didn't get into Bitcoin while you had the chance.

>>	Anonymous Mon Oct 16 07:49:19 2017 No.3899640 >>3896858 It's not thin air you moron. Don't you count 1million dollar of electricity bill a day in ? Electron is thin air too.

>>	Anonymous Mon Oct 16 08:18:44 2017 No.3899876 >>3896590 Kek, you can even buy a car in my country with BTC.

>>	Anonymous Mon Oct 16 08:33:59 2017 No.3900022 >>3897546 If it was backed by anything it wouldn't be fiat would it?

>>	Anonymous Mon Oct 16 08:38:56 2017 No.3900078 >>3896680 this all day

>>	Anonymous Mon Oct 16 08:48:07 2017 No.3900189 >>3896603 That's funny. I thought it was supposed to be a peer-to-peer electronic cash system.

>>	Anonymous Mon Oct 16 08:50:32 2017 No.3900215 File: 341 KB, 452x330, Capture.png [View same] [iqdb] [saucenao] [google] >>3896590 what the fuck was his problem

>>	Anonymous Mon Oct 16 08:52:58 2017 No.3900247 >>3900189 Go minister yourself, Satoshi. Times have changed.

>>	Anonymous Mon Oct 16 08:57:11 2017 No.3900304 Very few usecases? It stores 50% of wealth without banks. That usecase alone will make it a success.

>>	Anonymous Mon Oct 16 08:57:38 2017 No.3900309 >>3896680 This

>>	Anonymous Mon Oct 16 09:00:29 2017 No.3900346 ALL INTO CRYPTO YOU FOOOOOLS

>>	Anonymous Mon Oct 16 09:01:25 2017 No.3900357 File: 31 KB, 651x495, 0659 - t3uwwga.jpg [View same] [iqdb] [saucenao] [google] BTC is here to stay and will always be more expensive over time

Anonymous Mon Oct 16 09:05:46 2017 No.3900420

>>3898069
You are such a fucking retarded faggot. I'm glad you don't believe in it. You know I heard the same thing 100000 times when Bitcoin was $200? Imagine you faggots listened instead of jerking yourselves off with your shitty narrowminded logic? lol?

No one wants to fucking lug 2000000 oz of gold on their back. You don't have to fucking insure bitcoin because guess what retard? No one can steal it unless they torture you for your private keys.

It's
- better than gold
- omnipresent
- has a global market
- is finite
- is supported by hundreds of millions of dollars of infrastructure
- is extremely costly to attack
- goes UP in price during wartime, unlike your faggot precious metals
- is discrete and you don't look like a fucking retard bringing it across borders in an emergency
- cant be shut down

fuck off and enjoy your stocks and metals. just stop fucking trying to pretend you understand bitcoin because you don't. at all. maybe when your family is vaporized by NK and you're carrying your 15 lbs of gold and have to go through hordes of rabid animals willing to tear you apart and take it you'll realize why bitcoin has a use case and inherent value, retard

>>	Anonymous Mon Oct 16 09:08:21 2017 No.3900448 >>3900304 50%? in relation to? idk :3

>>	Anonymous Mon Oct 16 09:21:47 2017 No.3900651 File: 148 KB, 2500x1645, 837.png [View same] [iqdb] [saucenao] [google] >>3896659 >a few other cryptos out there that have much more potential for example?

>>	Anonymous Mon Oct 16 09:22:24 2017 No.3900659 >>3896590 good, then sell and get out, pussy.

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