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/biz/ - Business & Finance

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50048190 No.50048190 [Reply] [Original]

If bitcoin isn't an...

- Inflation hedge
- Store of value
- P2P Currency

What is it?
Below 14k every bulltard "price model" breaks. Muh rainbow, muh logarithmic, muh dormancy flow theses get disproven instantly.

Who would actually bid king shitcoin back to ATHs?

>> No.50048367

im going to bid it back to ath in 2025 you're welcome

>> No.50048674

>>50048367
Hordes of retarded dca boomers cannot replace 3ac, saylor, and celsius buy pressure

>> No.50048710

>>50048674
i am a billionaire

>> No.50048811

Boomer crypto for cucks.

>> No.50048843

>>50048710
in rupees for sure

>> No.50048884

>>50048843
Zimbabwe dollars

>> No.50048924

It's a distributed computer running the Bitcoin software, established as a public good for the purpose of ledgering a decentralized money system

That's it, and that's all it needs to be

>> No.50049026

>>50048190
>What is it?
A literal meme. Imagine a group of monkeys finding a useless glass ball and fighting over the right to hold it because each of them thinks it's somehow valuable due to the fact that other monkeys want it. Money want, monkey have. Get it? This is what bitcoin is.

>> No.50049059

>>50048190
>>50048674
>>50049026
retard

>> No.50049092

>>50049059
Bitcoin is literal tulip mania. But that doesn't necessarily mean you can't make money off of it. Faggot.

>> No.50049395

>>50049092
shit example, tulip mania does not mean tulips have no use, however bitcoin does not have a single use

>> No.50049471
File: 598 KB, 663x530, peakbubble.png [View same] [iqdb] [saucenao] [google]
50049471

>>50048924
300 IQ but the global hallucination involving "cryptos" will make this clown market crash to $5k

>> No.50049609

>>50049092
Tulips
>Cute
>Make bees happy
Bitcoin
>Proof electricity was wasted
>Makes bees unhappy

>> No.50050190

>>50048924
90% of Bitcoin owners don’t understand what it’s use case is outside of making them rich in USD terms