[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance

View post   
File: 45 KB, 235x215, 1679956279359265.jpg [View same] [iqdb] [saucenao] [google]
59469867 No.59469867 [Reply] [Original]

I have spent the last 2 days learning about bitcoin and it's fucking brilliant.

Holy shit, I can't believe I let everyone tell me it was a scam for this long. What the fuck, man.

>> No.59469884

>>59469867
It's gonna 10x in the next few years at minimum

>> No.59469894

>>59469867
it's brilliant sure but it's outdated and nobody really maintains it anymore. I'm certain some altcoin is doing it's job better but nobody cares because it wasn't first

>> No.59469898
File: 69 KB, 506x432, 1678511746861668.jpg [View same] [iqdb] [saucenao] [google]
59469898

>>59469884
Yeah, it probably fucking will.
I feel fucking blessed to have actually learned about it now before it inevitably hits 1 million a fucking coin.

Shit, if this idea takes off, this shit could literally become the fucking world standard of money

I'm going to do my best to get at least 1 or 2 of these as fast as I can

>> No.59469929

13m btc buy 2040

>> No.59469967

>>59469898
Good luck.
I've been working on it all year.
Unless your bank will approve a wire, you'll be running up against deposit limits.
Most I can do at one exchange is 24k a month so they basically make it impossible to catch the pump.
But wide scale reserve purchases are a few years out, possible a handful of reserves made in the next year.
Then remaining companies will buy in to clear the way for mass adoption.
For example imagine 5 countries in 2025/26 drop up to 10-100 billion each while the US sets up it's reserve, or just after..... BOOM!
That will be the shot heard round the world

>> No.59469994

>>59469929
That would make me a multi millionaire
Even at half of that, with my meager coin amount I have now

>> No.59469997
File: 223 KB, 1160x1200, unnamed.jpg [View same] [iqdb] [saucenao] [google]
59469997

>>59469867
congrats anon, now read the gospels and find out gow wrong you were about Christ and God

it really is the same principle. hard hearts and pride stopping people from even reading the truth

>> No.59470101

>>59469994
How do you cash out?
>inb4 not going to
So why are you bitcoiners still thinking in fiat terms? "Multi millionaire" without a dollar lol

>> No.59470186

>>59469898
>if this idea takes off
It has a market cap of nearly 2 trillion dollars. It has already taken off

>> No.59470212

>>59469967
Most people use middlemen services to bypass the arbitrary limits set by their seething banks. Like opening a Revolut account, then sending/receiving to exchanges from the Revolut account instead of wiring funds directly from the bank

>> No.59470347

>>59470101
For now it equates to dollars, but eventually people will just hold their coin and use that. That is at least 10-15 years off

>> No.59470407

>>59470347
Do you think all economy would turn into bitcoin? You'll pay grocery with bitcoins? I think you'll have to cash out a part of it at some point, and they'll tax you into oblivion

>> No.59470430

>>59470186
Here comes the nocoiner coping tards... it's inevitable.
2 trillion is still nothing compared to all the money that's NOT in btc currently worldswide.

>> No.59470440

>>59470430
Do you think every dime in the world would turn into bitcoin?

>> No.59470448

>>59470440
>every dime in the world
Never said that.
But the upside potential is still humongous in the further future (10+ years). Nothing is impossible

>> No.59470449

>>59470407
It's taxed as capital gains currently
If Bitcoin reaches a billion there's 1E18 denominations I think, so even with an astronomically high BTC, you can transact in the tiniest of fractions.
For it to be used like that they need to figure out a better tax structure than capital gains, because as it stands they tax capital gains every transaction and that would be a nightmare trying to track if you're doing tiny purchases

>> No.59470465

>>59469867
I was like you back in 2013.

>> No.59470470

>>59469867
I was u in 2021. I felt so lucky to have figured this shit out when I did. even though it crashed immediately after I bought lol. I still feel lucky, roughly 4x up on my initial now. I'm so glad to be around for this now and not a decade later. It's just the first real reliable monetary system in all of history and it's only a matter of time before everything figures that out

>> No.59470489

>>59470449
Why would someone accept dollars as a payment when there's someone else who uses bitcoins and vice versa, depending on the bull/bear moment? Your scenario could work only if the bitcoin becomes stable

>> No.59470501

>>59470489
This. It's kinda fucking dumb... unless people convert to USDC/USDT and pay with that instead. Hell even Monero is MUCH more stable than most other coins.

Also, id REFUSE to buy with BTC at the bottom of a bear market, cause id know it's value would skyrocket.
Same thing with peak of any bullrun: id wanna spend BTC when i know it would crash after a few months lol

>> No.59470536

>>59470501
It's just like the good old tulips, isn't it?