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/biz/ - Business & Finance

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5446852 No.5446852 [Reply] [Original]

>Start looking into altcoins
>99% of them have delivered nothing other than a whitepaper and a website
>50% of crypto market are these companies with 100 mil + valuations and no income

it's a bubble, bitcoin isn't, but the shitcoins are

>> No.5446882
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5446882

I hope this is a bait

>> No.5446887

You’re exactly 100% backwards there buckaroo. Even shitty projects with actual operating block chains work better than btc

>> No.5446903

>>5446852
>bitcoin isn't
lole

>> No.5446926

>>5446887
name me one with an actual revenue stream

>> No.5446937

>>5446852
Are you for real?
You are stating almost the exact opposite of the facts with such a conviction that you have to be fucking laeping.

>> No.5447028

>>5446937
Explain to me how Cardano is worth 10 billion what tangible real thing other than promises have they done?

>> No.5447768

>>5447028
What do you think about ICX? Are you smarter than all of their partners?
Why is IBM working with XLM?
You have no idea what are you talking about.

>> No.5447843

>>5447028
Lurk more and read. People like you read about 3 skilled coins and they think that they know everything about the market.
What is blockchain?
Why are alts important?
To you it's simple- tulips, titanic, dotcom bubble. You don't see the big picture and you likely never will.
I have to learn some important things about my future investments because I really want to retire in a few years and live off of profits so I don't have a time to explain to you what you would never get.

>> No.5447895

>>5446852
There is a bubble, but we are constantly in bubbles where it bursts (market crash) and then we move onto the next bubble. Stock market does the same, whats the harm?

Aslong as you know that it is a bubble and that it can explode at some point like we have seen after his humongous rally in all coins this month. It should be obvious.

>> No.5447914

>>5446852
>it's a bubble, bitcoin isn't, but the shitcoins are

Why Bitcoin isn't a bubble? Blockstream/Core makes money from transaction fees. Its only product is the coin, which is no different than every alt out there.

http://www.trustnodes.com/2017/10/26/blockstreams-business-plan-revealed-profit-transaction-fees

>> No.5447917

>>5446852

SiaCoin is legitimate. Go to their website, you can actually use their blockchain services for your business right now. One of the few legitimate coins and why I believe it has such promise

>> No.5447961

>>5446926
OMG, XLM

>> No.5447998

>>5447961
link to their accounting statements or how much money they made last quarter?

for a billion dollar valuation they should be making atleast 100+million revenue minimum

>> No.5448014

>>5446926
Binance coin.