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49769428 No.49769428 [Reply] [Original]

You guys have fallen for the biggest meme since the tulip bulb craze of 1634.
I'm not saying that some of the underlying technology isn't useful, but an individual coin has no inherent value.

>> No.49769787

>>49769428
Some do but yeah it has been overhyped, hell doge is worth billions. Even Mona Lisa that is timeless work of art is worth fraction of a meme coins and people still think it has room to go up and that it inevitably will

>> No.49769983
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49769983

Some things never change

>> No.49770060

>>49769787
Mona Lisa is in the "so expensive nobody can actually buy it" catgory.

>> No.49770074

interesting + original analysis

>> No.49770107

>>49770060
And doge is cheap cause it’s 5 cents each? lmao

>> No.49770132

>>49769428
pretty obvious. had some for a while, but found out that you cannot use Bitcoin for anything. Same with the others. The use is very very limited except being a gambling tool. At some point, people would get tired of the bullshit.

>> No.49770156

>>49770074
Crypto offers a new method of storing and transferring information. That is useful in the same way the VIN system is useful for keeping track of cars.
An individual VIN number has no value.

>> No.49770177

>>49770060
if there is no buyer it's not worth the price of the seller

>> No.49770225

>>49769428
bullish post

>> No.49770309

>>49769428
SOME is, but all that shit about medical records on the blockchain, that stuff will never happen. Who wants their shit open for anyone to read?

>> No.49770324
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49770324

>>49770156
fascinating here's you're updoot

>> No.49770465

>>49769787
>Some do
which? there's not one internet coin thats been adopted or used. all of this shit is just that, shit. you guys are such faggots.

>> No.49770949

>>49770156
Waow you mean car tracking on blockchain. Omg BMW partnership. Vechain was worth billions and they only tracked a few bottles of wine. This sir is trillions of untapped market potential. Buy buy buy

>> No.49771046

>>49769428
You people always come out the woodwork when crypto is in bearmarket but dont buy. Then when it pumps to new all time high you seethe and cope when you missed out again

>> No.49771281

>>49770465
Uber was making loss for ages, technology valuation is different from standard business as it takes into account future potential but yes I agree with you that hundreds of billions valuations for projects that can make few million in revenue at best is ridiculous
Coins like monero, xrp, one of the blockchains (eth, ada etc) can be successful in the future. BnB as it’s supported by exchange has value but yeah it’s entire value depend on how many people gamble on it so technically a casino

>> No.49771323

>>49770132

Same.

>> No.49771362

>>49771046
Not me. I want nothing to do with your magic beans.

>> No.49771390

>>49771046
at this point you're for it or against it. ive been making fun of it for over 5 years now. and when its up, all my friends:

YOU DONT KNOW WHAT YOURE TALKING ABOUT

DO SOME RESEARCH

THAT'S NOT HOW IT WORKS

USD IS GOING TO SHIT

EVERYTHING IS A SCAM THEN

EVERYTHING IS A PONZI THEN

PEOPLE DIDNT UNDERSTAND THE INTERNET EITHER

INFLATION IS BAD

etc etc etc


>>49771281
uber provides a product and service that a fat majority of people used. its name became a verb. you could ask anyone from age 8 to 88 what it was and they knew. crypto was none of this. it was no product or service, only dudes had it lets be real, and even people into it couldnt fucking understand it or explain what it was.

>> No.49771418

>>49769428
Dutchie here
Made it by selling tullip bulbs

>> No.49771463

>>49771046
Did you try to get rich from buying IP addresses in 1999?

>> No.49771615

>>49771390
>ive been making fun of it for over 5 years now
so you spent 5 years avoiding lifechanging sums of money and come here for a quick dopamine hit when things aren't going well (aka another good opportunity for you, not that you will take advantage of it)
nice work dipshit enjoy being poor

>> No.49771729

>>49771390
You are taking white or black stance. People got hyped into something they had no understanding about and couldn’t admit it to be the case. It’s classic psychology, we don’t want to accept that we are wrong and only read sources that confirm our views. As long as doge and other memes are in top100 you know entire space is valued based on hype and wishful thinking.
Sure we are still in overvalued category and use case is limited but will that be the case 10 years from now? Amazon also took some time to become what it is today, the entire concept of getting rich overnight is unfeasible in the long term as we can see today.
Bitcoin also has questionable valuation, should it be worth anything who knows. Stable coins with all the shade behind, high leverages etc. I agree that short term we may go even bellow lows of previous crash and stay there for a long time but ultimately some projects will achieve success.

>> No.49771744

>>49771615
BTC has a loooong way to fall.

>> No.49771813

>>49770465
>which? there's not one internet coin thats been adopted or used. all of this shit is just that, shit. you guys are such faggots.

exactly, its all crap. i hate these comments that say 'there are some legitimate use cases but...'

>> No.49771814

>>49769428
What is it about certain posts that makes their redditness so apparent?

>> No.49771823

>>49770324
Thank you, would you like me to give you a job? There is a space in McDonalds, you're gonna need it HAHAHAHA

>> No.49771853

>>49771281
>Uber was making loss for ages, technology valuation is different from standard business as it takes into account future potential

its called a bubble if loss making businesses are valued in the billions

>> No.49771891

>>49771615
i invest in things i believe in. i never believed in internet coins. and i was right. you speculators got the price up, but i was right. this shit did nothing and had zero adaptation.

>>49771729
>Amazon also took some time to become what it is today
amazon provides a service and product that hundreds of millions of people use every day. amazon became a verb in billions of households. internet coins do not do this and are 1/7th century old.

>> No.49771932

>>49769428
ya no shit you fucking moron. its not different then me making 1 million coins and selling them saying they are rare.

>> No.49772084

>>49771891
It’s classic biz, bitcoin @60k crypto is the future etc. btc @ sub 20k it’s all useless etc
But yeah it’s a falling knife with no end in sight
Amazon took time to get where it is
Yes I agree crypto is overvalued and might go to literal zero and some of the tech could be used but on a much smaller scale. Currently I wouldn’t touch it and those who do are just gambling

>> No.49772112

>>49770156
Individual vins on rare cars are where all the value is

A 427 cobra manufactured today that is exaclty the same as one manufactured in the late 1960s is worth about 100k while the original shelby is worth millions.

60s ferraris are the same and at least one has been completely rebuilt due to fire, since the vin was retained the value was retained.

The vin of an historic car is scarce, it can not be duplicated and no more can be created, while the actual physical cars value is so so.

>> No.49772531

>>49771891
>I missed out on a 100x
>I was right

>> No.49772919

>>49772531
You would be surprised how many didn’t take out any profits waiting for 1000x or reinvested them at near the top

>> No.49772987
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49772987

Robinhood and Gamestop will revitalize the zoomers' enthusiasm for crypto.

>> No.49773017

>>49771823
v original