cryptobros taking L after L how's that store of value coming along LOL

File: 468 KB, 924x815, c.png [View same] [iqdb] [saucenao] [google]

Anonymous Tue Oct 3 15:35:14 2023 No.56270141 [Reply] [Original]

cryptobros taking L after L

how's that store of value coming along LOL

>>	Anonymous Tue Oct 3 15:39:21 2023 No.56270203 I have no idea why BTC is a store of value, makes zero sense.

>>	Anonymous Tue Oct 3 15:52:33 2023 No.56270393 File: 26 KB, 400x300, 324796.jpg [View same] [iqdb] [saucenao] [google] >>56270141 >reddit screencap thread

>>	Anonymous Tue Oct 3 15:53:38 2023 No.56270403 >>56270141 I'm sorry but I'm just not gonna sell, not gonna do it, HAHAHAHAHAHAHAHA

Anonymous Tue Oct 3 15:57:58 2023 No.56270454

>>56270141
>jewelry and electronics
1. gold was valuable before electronics
2. jewelry is made out of gold because gold is valuable, not the other way around
The actual answer in both cases is mostly just "because it's scarce" so the wall of text meme is not really fair

>>	Anonymous Tue Oct 3 15:59:54 2023 No.56270475 >>56270203 buzzwords by brainlets

>>	Anonymous Tue Oct 3 16:01:13 2023 No.56270491 >jewelry lmao Now I'm convince than the retards over at r/Buttcoin are either seething goldbugs or goldbugs unironically trying to get the retards over there to buy their bags

>>	Anonymous Tue Oct 3 16:01:19 2023 No.56270492 File: 870 KB, 1280x720, 1694989112004541.webm [View same] [iqdb] [saucenao] [google] >>56270141 The Bitcoin Maxis have changed their story like 8 times since Bitcoins inception. Just ignore them.

>>	Anonymous Tue Oct 3 16:02:24 2023 No.56270504 >>56270141 I just invested 10k in Shiba inu my bros we are going straight to the moon cringe babies can lick my anus new lambo at the end of they year we will make it

>>	Anonymous Tue Oct 3 16:03:58 2023 No.56270527 >>56270454 /thread

>>	Anonymous Tue Oct 3 16:07:24 2023 No.56270559 >>56270141 YTD performance Gold +0.2% BTC +65%

>>	Anonymous Tue Oct 3 16:08:21 2023 No.56270566 >>56270454 neither bitcoin nor gold are scarce

>>	Anonymous Tue Oct 3 16:10:56 2023 No.56270603 >>56270454 Cope HAHAHAHAHHA

>>	Anonymous Tue Oct 3 16:11:11 2023 No.56270607 >>56270141 I can use bitcoin as an efficient means of exchange to buy things. Buying things with jewelry and electronics (bartering) is a bit more difficult

>>	Anonymous Tue Oct 3 16:42:14 2023 No.56270963 >>56270141 >Have to physically store that shiny garbage that can be stolen if you get robbed and you can't even sell it instantly or divide it into smaller units of any size buying gold stocks is even more autistic

>>	Anonymous Tue Oct 3 16:43:45 2023 No.56270980 >>56270566 Bitcoin is definitely more scarce than gold

>>	Anonymous Tue Oct 3 16:44:52 2023 No.56270993 >>56270141 Wasn't this subreddit made in 2011 when bitcoin was like 8 bucks

Anonymous Tue Oct 3 16:45:45 2023 No.56270998
File: 135 KB, 540x734, HAHAHAHAHAHAHAHAHAHA.png [View same] [iqdb] [saucenao] [google]

>>56270607
>I can use bitcoin as an efficient means of exchange to buy things.

>Open Cashapp
>let's see, hmmm, oh, there's mom, so cute in her little sweater!
>sending mom... $20, because I love her! XOXO!
>hi sweetie! Got your $20!
You're welcome, mom!

Crypto! Please fix this instantaneous and easy to perform transaction! It's too fast! She needs to get it in 12 hours and I need to pay $1.50 to send it to her!

>>	Anonymous Tue Oct 3 16:46:54 2023 No.56271012 >>56270141 gold is also critical for heat shielding in performance applications; you cannot go to space without gold >>56270454 jewelry is made out of gold because gold is inert and lasts forever >>56270203 its not

>>	Anonymous Tue Oct 3 16:49:00 2023 No.56271039 >>56270141 Why is bitcoin valuable? Jews.

>>	Anonymous Tue Oct 3 16:50:09 2023 No.56271053 Can't coat CPU pins with Bitcoin.

>>	Anonymous Tue Oct 3 16:50:43 2023 No.56271058 Imagine if they decided there could be more than 21 million BTC

>>	Anonymous Tue Oct 3 16:51:42 2023 No.56271068 >>56271012 Material science is incredible. We can easily make jewelry which is cheap, shiny and lasts forever. We don't because there's no money in it. Can't spell jewelry without jew.

Anonymous Tue Oct 3 16:56:36 2023 No.56271128

>>56270141
Bitcoin is a failed technology. It hugely overpromised and massively underdelivered.
We were told it'd revolutionize the world, it ended up being a slow piece of shit with high transaction fees that broadcasts your transactions to the entire world.
Imagine if a credit card did that. People getting kidnapped and murdered because criminals can easily see your account balance and where/what you're spending your money on.
It's rare for it to happen with BTC because few people actually use it to buy goods and services compared to real money. It's speculation mostly.

Compare this to another tech like AI. It never needed to be hyped. It doesn't need to get more fools to invest in it to make it more "valuable".
People keep finding new ingenious ways to use it, and it keeps surprising us with new use cases that make entire industries outdated.
People are naturally attracted to it because of how useful it actually is. People don't have to listen to endless mantras about the intricacies of how it works to be persuaded to use it.
People don't even have to know how it works, it's 100% user-friendly from the get-go. Doesn't require hundreds of millions to start up a piece of shit product that doesn't do anything.

That's how a truly revolutionary technology takes over the world.

>>	Anonymous Tue Oct 3 17:03:09 2023 No.56271186 File: 2.43 MB, 3840x2160, McAfee.png [View same] [iqdb] [saucenao] [google] >>56271128 Monero is what we thought bitcoin was.

Anonymous Tue Oct 3 17:06:20 2023 No.56271206

>>56271186
True. Monero is everything Bitcoin wanted to be and never was.
Which is why it's essentially the only crypto actually used for its intended use, as far as I know.
And the hype around it is minimal, since it doesn't need it to keep existing. It subsists from the fact that it's actually useful.

Anonymous Tue Oct 3 17:07:32 2023 No.56271225

>>56271186
The more time you spend here, the more true you realize this is. That said, the ONLY thing Bitcoin has over Monero is the precise reason that it's worthless. That is, you can buy some Jew ETF and look up on the blockchain and see that the funds are there and you aren't getting bamboozled. But if you actually want to hold it yourself, Monero is far superior.

>>	Anonymous Tue Oct 3 17:08:29 2023 No.56271235 File: 373 KB, 635x623, 1648664658410.png [View same] [iqdb] [saucenao] [google] >>56270566

>>	Anonymous Tue Oct 3 17:29:57 2023 No.56271449 >>56270566 gold is scarce bitcoin's BFT is scarce, therefore bitcoin itself is scarce when energy is free around the globe and we have an infinite amount of it, you will be able to say that bitcoin isn't scarce

Anonymous Tue Oct 3 17:32:28 2023 No.56271477

>>56271128
>Bitcoin is a failed technology
no

>>56271186
>>56271206
Monero is better than bitcoin at many benchmarks, because it has better devs
bitcoin in the other hand, has a handful of mentally ill devs holding it back
for now

monero's ring CT isn't even its most impressive feature
randomX and the variable blocksize are much more interesting and impressive to see working as intended

>>	Anonymous Tue Oct 3 17:33:05 2023 No.56271489 Lets see you send 50 billion worth of gold across the world in 10 minutes. Bitcoin has all the positives of gold without the negatives. Half of the gold is fake, theres no such thing as fake Bitcoin

>>	Anonymous Tue Oct 3 17:33:52 2023 No.56271497 and before I forget reddit doesn't even know that gold's market cap for the use of money, overshadows 100 to 1 its use in electronics, which gold itself predates

>>	Anonymous Tue Oct 3 17:44:39 2023 No.56271603 >>56271058 Or we find out who Satoshi is/are. I assume they are keeping it quiet for a reason.

>>	Anonymous Tue Oct 3 18:04:13 2023 No.56271826 >>56271477 >for now Forever.

>>	Anonymous Tue Oct 3 20:35:32 2023 No.56273565 >>56270998 Cashapp sell your data to the irs who will want their "gift tax". No joke, I know someone who got screwed by this, because his parents gave him money to pay certain bills regularly.

>>	Anonymous Tue Oct 3 20:37:40 2023 No.56273581 >>56270504 Hope you ain't gonna regret not waiting to buy EVR on MEXC after listing tomorrow.

Anonymous Tue Oct 3 20:45:14 2023 No.56273650

>>56270454
>jewelry is made out of gold because gold is valuable, not the other way around
Yes it's the other way around, gold currency is backed by simp offering shiny metal to cute virgin girl in ooga booga tribe

>The actual answer in both cases is mostly just "because it's scarce" so the wall of text meme is not really fair
My fingernails with my specific DNA code are scarce but few would want to buy it.

Bitcoin is valuable because people memed themselves into thinking it's valuable + it's a convenient way to transfering value + network effect
Not the first time in humanity history that it happens, shells of shellfishes have been use as a currency in ancient time, probably purely out of meme energy as well, although in the case of shells I assume it could have been used for jewelry as well.

>>	Anonymous Tue Oct 3 20:45:48 2023 No.56273657 >>56271235 Fake

>>	Anonymous Tue Oct 3 20:49:06 2023 No.56273686 Is monero a good investment tho? It seems something that is actually useful so maybe it wont go up since everything is upside down..

>>	Anonymous Tue Oct 3 20:57:59 2023 No.56273779 >>56273565 >due to your recent views against cashapp your account fee rate has been temporarily increased to 3% from the standard 1.5% Thank you for being our customer

>>	Anonymous Tue Oct 3 20:58:07 2023 No.56273783 >>56270504 10k in Shiba is a fucking risk anon, considering it is a meme. I'd rather split those into into something solid like NXRA, XMR and AR.>>56270504

>>	Anonymous Wed Oct 4 01:17:47 2023 No.56276010 File: 1 KB, 125x115, UDCV.jpg [View same] [iqdb] [saucenao] [google] >>56271186 >Railgun Private smart contracts are based.

>>	Anonymous Wed Oct 4 01:19:20 2023 No.56276021 >>56270141 Bitcoin is a pump and dump scam and ponzi

>>	Anonymous Wed Oct 4 03:30:50 2023 No.56276991 >>56270203 It's for boomers who aren't schizo enough to see the actually good reasons It's all cope since at the core the scalability digital cause dream wasn't set up properly ETH will win btw

Anonymous Wed Oct 4 09:45:27 2023 No.56278730 [DELETED]

File: 255 KB, 910x800, 36265658294832964094.png [View same] [iqdb] [saucenao] [google]

nyancatmoney.com
>nyancatmoney.com
nyancatmoney.com
>nyancatmoney.com
nyancatmoney.com
>nyancatmoney.com
nyancatmoney.com
>nyancatmoney.com

The NyanCatMoney spam will continue until the marketcap improves.

Jannies have tongued my anus 190 times.

Anonymous Wed Oct 4 10:10:38 2023 No.56278891 [DELETED]

File: 176 KB, 814x888, 86939646592063589646.png [View same] [iqdb] [saucenao] [google]

nyancatmoney.com
>nyancatmoney.com
nyancatmoney.com
>nyancatmoney.com
nyancatmoney.com
>nyancatmoney.com
nyancatmoney.com
>nyancatmoney.com

This is incredibly fun to watch you seethe for us NCM chads, why not buy a bag and turn your seethe into joy? This is a hostile take over of biz and it will not stop

Jannies have tongued my anus 238 times.

Anonymous Wed Oct 4 10:46:27 2023 No.56279032 [DELETED]

File: 3.19 MB, 3544x1980, 81482517342802468788.png [View same] [iqdb] [saucenao] [google]

nyancatmoney.com
>nyancatmoney.com
nyancatmoney.com
>nyancatmoney.com
nyancatmoney.com
>nyancatmoney.com
nyancatmoney.com
>nyancatmoney.com

This is incredibly fun to watch you seethe for us NCM chads, why not buy a bag and turn your seethe into joy? This is a hostile take over of biz and it will not stop

Jannies have tongued my anus 272 times.

>>	Anonymous Wed Oct 4 12:19:55 2023 No.56279505 Cryptosissies....

Anonymous Wed Oct 4 12:22:25 2023 No.56279522

>>56276991
>ETH will win
No one cares about this.
BTC is totally decentralized, ETH (and link since linkoids will inevitably insert themselves into the conversation) is not. There is no CZ or Vitalik who can suddenly control everything. ETH's superficial "technology" (which becomes useless whenever people actually use it due to gas costs still not fixed by ETH2) has already been btfo. Eth is a shitcoin factory used by pajeets, there are many like her. BTC is the original, the only, the one with meaning and the one JP Morgan invests in to avoid having a bunch of druggie tards who happened to be mining back in 2010 get the jump on them as BTC's marketcap goes to 70 trillion.

Anonymous Wed Oct 4 14:56:06 2023 No.56280725

>>56270141
Jewelry is speculative. The industrial value of gold does not even come close to it's current price. The reason gold was used as money is because it is a malleable noncorrosive metal.
They could have used anything for money, but gold had the most amount of value in the smallest amount of material and it has the added bonus of not rusting or breaking down. That's it.

If there was some other medium of value exchange that was better, they would have used that. We're going to find out if the real world value actually means anything.

>>	Anonymous Wed Oct 4 14:58:31 2023 No.56280756 crypto is a scam, property is a scam, stocks are a scam, etc etc invest in your health and relationship with the divine

>>	Anonymous Wed Oct 4 14:59:34 2023 No.56280770 >>56270454 >2. jewelry is made out of gold because gold is valuable, not the other way around Incorrect. Jewelry makes up the majority of gold demand because it's shiny and doesn't tarnish.

Anonymous Wed Oct 4 15:31:41 2023 No.56281041

>>56273650
Your fingernails and DNA aren't useful outside of your body, nor are they fungible. Did you regurgitate this poor analogy, or did you stay up all night crafting it?
Scarcity is the source of all value, as it sets the supply/demand constraints. That's all there is to it. There is demand for gold for a variety of reasons, and there is demand for btc for a variety of reasons. In the past, shit governments devalue their scarce resources and fuck over the peasants. Now, shit governments devalue their scarce resources and the market made a solution: sound money.
Anyone seething over the fundamental idea of crytocurrencies is either too dumb to understand, or doing the work of shit governments (either willingly, or unknowingly)
The most valuable things in history are simple, robust, and useful inventions.

Anonymous Wed Oct 4 16:03:21 2023 No.56281292
File: 44 KB, 680x489, 4chan3.jpg [View same] [iqdb] [saucenao] [google]

>>56280756
calling something with a real-world application a scam tells a lot about how poor your IQ is. was in Greece some months back and was able to pay for my stuff there, using my CryptMi card.

Anonymous Wed Oct 4 17:18:38 2023 No.56282034
File: 47 KB, 672x480, haha.jpg [View same] [iqdb] [saucenao] [google]

NFTs Fail to Recover After Crypto Market Meltdown Once considered the next big thing in the crypto world, NFTs have failed to recover following the 2022 crypto meltdown. Investors have seen the value of their blue-chip NFTs drop significantly, while several platforms have been forced to close down operations.

>>	Anonymous Wed Oct 4 18:19:12 2023 No.56282529 What is the meaning money Money is the universal medium of exchange Bitcoin lacks fungibility, some wallets are from terrorist and that fact alone means those those tainted coins can't be used for normal commerce Therefore monero is better

>>	Anonymous Wed Oct 4 18:24:01 2023 No.56282582 File: 220 KB, 512x745, 1648403110425.png [View same] [iqdb] [saucenao] [google] I will not rest until every inch of this board is silverpilled.

>>	Anonymous Wed Oct 4 22:36:38 2023 No.56284818 >>56282582 OK but production can always be increased.

>>	Anonymous Wed Oct 4 22:40:01 2023 No.56284849 >>56270566 Then why can't you get one?

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

/biz/ - Business & Finance