2018 is the year cryptos crash

[Anonymous No.7575689]

Incase you're disabled, we're in a beanie baby situation. I know all of you were litterally not even born when that shit went down so let me explain what happened

>each beanie baby finite like most cryptos are - they make about 1,000 or 10,000 of each
>investors see it as a opportunity to flip for cash in 3 years to the "Collector market"
>they buy litterally $20k worth of beanie babies at a time
>beanie babies stop being made for a year
>investors get cold feet from stagnant market
>some investors try to cash out
>SPOILER: the only people wanting to buy these investment teddy bears are other investors, and that this collector market is way smaller than the investor market
>in a mad rush to cash out and cut their losses sellers keep undercutting other sellers
>people see the downward trend and won't buy realizing it's a bag
>it keeps going down
>within a week most beanie babies are at/below MSRP
>the only thing saving it from crashing to 0 is that it has a use as a toy

So lets examine the things cryptos and beanie babies have in common;

>finite resource makes it alluring - check (apart from XRP kek)
>popular, hyped "investment opportunity" fad - check
>little to no use case past being an "investment" - check
>normies (aka poor people) think its a get rich quick scheme - check

Investments are tied to what it does - Houses are a fucking house, companies make shit and provide services, physical elements like gold are, well, gold. Crypto is used for what? Buying items on some meme browser games? LOL

In 2018 people are going to cash out of this wild ride, and only the top 5 will remain even semi relevant - we have already experienced the total market ATH.

[Anonymous No.7575725]

Awesome, amazing, beautiful.
Now compare cryptocurrencies to tulips.

[Anonymous No.7575730]

There are those still hanging on to the dream after it's been dead so many years.

This ad is still active on the internet as of last week.

[Anonymous No.7575750]

>>7575730
I can't wait to see $35k BTC sell orders in 2025 when BTC is $500

[Anonymous No.7575758]

[Anonymous No.7575818]

>>7575730
So you are saying to hold, good call.

[Anonymous No.7575863]

>>7575689
People are rebuilding the entire internet to be decentralized, censorship resistant, and completely redesigning the economics of networks with extraordinary efficiencies.

Check out steemit.com

There are no owners, there are no servers, pages are delivered peer to peer. They have no costs. This creates a new economy in this social network. Not only do they not have to serve ads, they are able to reward users with internal currency for network participation and value.


Expect the entire internet to be rebuilt.

[Anonymous No.7575882]

>>7575758

Funny.

I've also considered doing the math to find out how many transactions could be processed before the entire worlds electricity is needed to to supply the miners verifying transactions.

When divided by the number of people in the world, I bet the number will be lower than people thing.

So in some dystopian future, people will need to chose if they want to use their last allowable transaction for the year on a loaf of bread or paying the rent.

The bottom line... cryptos as a currency is such a poorly thought out idea, I'm surprised they've got so many suckers to buy into it.

[Anonymous No.7575918]

>>7575863
>There are no owners, there are no servers, pages are delivered peer to peer. They have no costs.

So who's paying for all that bandwidth and electricity?

[Anonymous No.7575948]

>>7575863
>Expect the entire Internet to be rebuilt
(On EOS, coded by the guy who built Steem)

OP is smarter than Google co-founder Eric Schmidt and the reddit co-founder who just left to work on distributed ledger and smart contract technology which he thinks will become the new Internet.

OP actually thinks smart contracts and distributed immutable ledgers have no use cases.

F

[Anonymous No.7575998]

Oh the popular immutable ledger argument.

As if that matters in the slightest in most cases.

Question: who cares if they can prove that they bought a big mac 3 years ago? And is it so important that this fact needs to be preserved by society forever?

[Anonymous No.7576009]

Nice tarot deck/crystal ball you got there, faggot

[Anonymous No.7576053]

And whose idea was it to market a system where every transaction is public knowledge to people paranoid about anonymity?

inb4: they can't be traced because they are using address and cryptography....

... I would direct your attention to "Room 641A"

[Anonymous No.7576057]

>>7576009
>someone posts "eth $10,000 EOY"
>every pajeet nods in agreement and jerks their 2in brown cock in a circle on to a drawing of Satoshi
>someone says crypto is over valued in a bubble
>pajeet posts "Nice tarot deck/crystal ball you got there, faggot"

[Anonymous No.7576059]

>>7575882
its called proof of stake brainlet

[Anonymous No.7576084]

>>7575689
>another thread comparing crypto to something else without actually understanding it at all beyond "its money on computer"

[Anonymous No.7576112]

>>7576084
>never stated that it's "computer money"
>stated that it's A: (mostly) finite B: overvalued

bruh do me a solid and download a few of these http://www.k5learning.com/reading-comprehension-worksheets

[Anonymous No.7576115]

>>7575689
OP your entire argument is based on a false comparison. Unless a couple we’ll developed and implemented beanie babies end up being revolutionary enormous tech companies. Space X was just a quadruple fucking failure until it actually worked for everyone and then it instantly got a 1.6 B contract. Kek.

[Anonymous No.7576139]

>>7575948
>On EOS
exactly

>>7575918
When you are accessing the website you are also serving pages to others. Peer to peer

[Anonymous No.7576145]

>>7575689

This is hands down the stupidest shit I have ever heard. 10/10 quality shitpost.

[Anonymous No.7576150]

>>7576112

>>7575689
Crypto is used for what? Buying items on some meme browser games? LOL

[Anonymous No.7576162]

>>7576059

Yes, because @ $5000 per bitcoin electrical use, it was a genius idea to set up a currency that requires the entire world's electrical output to be usable worldwide.

[Anonymous No.7576191]

>>7575689
Cool except Beanie Babies have no intrinsic value and crypto currencies are based on innovative technologies that solve problems.

[Anonymous No.7576199]

>>7575689
The kids on /biz/ probably got into coins via pogs

[Anonymous No.7576207]

>>7576191
>physical objects have no inherent value

This is the state of /biz/

[Anonymous No.7576209]

I mean, who WOULDN'T want to build a world economic system on a currency where transactions take 10 minutes to verify; and where you can't do business if the internet goes down.

[Anonymous No.7576227]

>>7576209
yeah and lets also use this system to serve websites to people peer to peer xddddddddddddddddddddddddddddddddd

we'll pay the people working at the power plant to power this system by serving them buzzfeed pages xdddddddddddddddd

[Anonymous No.7576229]

>>7575948


Pic of Engadget signing up for Steemit

"I'll guess we will register this twitter handle thingy"

[Anonymous No.7576261]

>>7576191

Ya, right. Except for at least a few problems...

1. Anyone in the world can use the technology without needing to use bitcoin. Why would anyone want to use bitcoin when they can use the tech for free?

>work being done.

2. If I hire someone in the morning to dig a hole, and then hire someone in the afternoon to fill the hole in; and then do that every day for a week, I guess you COULD say that work was done, but it would still be valueless.

[Anonymous No.7576304]

>>7576162
he said proof of stake you paid shill. maybe update your handbooks or something because its pretty obvious you don't have any fucking clue about crypto so why the fuck are you here?

[Anonymous No.7576342]

>>7576304

I do all my shilling for free.

I enjoy twerking the nose of the coiners who are foolish enough to think they can reinvent the world in a way that they get rich for nothing.

[Anonymous No.7576404]

But that's OK. Some day you can bounce your grandchild on your knee, show them a dusty hardware wallet, and tell them about the time you thought you were rich.

[Anonymous No.7576414]

>>7576342
how is it getting rich for nothing if you work hard, save up money, take a risk, make an investment, etc..??

It would be easier not to do all this you know

[Anonymous No.7576443]

>>7576404
>>7576342
you do at least understand that nearly all of biggest projects in crypto do not require mining or the waste of electricity... right?

[Anonymous No.7576457]

But here's the dirty little secret you're not supposed to say out loud....

.. almost none of the coiners really believe that the system is going to work, or that the coins are going to last.

Instead, they are playing the bigger fool theory. They are cheering about how wonderful it is because their goal is to make their money and sell their coin off to the next sucker in line.

They know it's a scam, but as long as they get theirs, that's all that matters.

But the funny thing with the bigger fool theory.... you eventually run out of fools. And today's internet zillionare can turn into tomorrow's bag holder a lot faster than people think.

Every generation has their get-rich-quick scheme. This isn't a new idea. They all end the same way.

[Anonymous No.7576461]

beanie babies do not scale or have a multiple billion/trillion international market cap

[Anonymous No.7576463]

>>7575689
This kind of post tells me that we are still heading up. All this uncertainty is alreadg built into the price

[Anonymous No.7576473]

>>7576057

>some pajeet posts a dime a dozen unsubstantiated prediction
>gets butthurt when called out and posts a greentext response

[Anonymous No.7576481]

>>7576342
Sure you do, that's why you're here so concerned for us coiners...
Either way, maybe learn about this shit before you think you know all about it because you're a clueless loudmouth faggot.

[Anonymous No.7576486]

>>7575689
I've never heard this theory before.

Fuck off boomer and kill yourself. Your pension will soon be worthless

[Anonymous No.7576491]

>>7576443

I have no problem with the tech. Block chain and smart contracts have a few interesting, if limited uses.

My problem is with cryptocurrencies, which are a ponzi scheme and bubble by every classical definition.

[Anonymous No.7576494]

>>7576199
aww shit I had one of those michael jordan pogs

[Anonymous No.7576510]

>>7576491
Blockchain and cryptocurrencies are inseparable.

If you disagree, then you don't understand either.

[Anonymous No.7576522]

>>7575689
>physical elements like gold are, well, gold.
Cryptocurrencies like bitcoin are, well, bitcoin.

[Universa Thread No.7576533]

>>7575998

You know how much money gets spent on property title insurance and how an immutable ledger can completely remove the need for that right?

[Anonymous No.7576582]

>>7576510

They aren't if you do away with the crazy miner / PoW system.

But then, you wouldn't be all anti-government edgy

[Anonymous No.7576591]

>>7576491
This is what I'm talking about grandpa. You need to learn wtf you're talking about hahaha.
You can't have one without the other or it is pointless.

[Anonymous No.7576623]

>>7576510
>>7576591

OK, give it your best shot. Explain to me why you can't have one without the other.

But warning... your system is terribly flawed, which i will point out as soon as you explain your way into a box.

[Anonymous No.7576627]

>>7576582
Blockchains need nodes. Nodes require people to run them. People need an incentive. Cryptocurrencies are the incentive.
Without cryptocurrencies you have a centralized database.

[Anonymous No.7576663]

>>7576623
>>7576582
do you have a critique of a distributed proof of stake?

[Anonymous No.7576666]

>>7576623
na na na na you said you can do it, you explain how.

[Anonymous No.7576675]

>>7576582
>>7576623
There is no financial incentive to secure a blockchain without a cryptocurrency. Full stop.

Again, you clearly don't understand the underlying technology behind any of this so you should probably stop posting

[Anonymous No.7576804]

>there are people reading this thread RIGHT NOW that didn't cash out before the January dip
>there are people reading this thread RIGHT NOW that bought eth/btc at all time high and are still holding
>there are people reading this thread RIGHT NOW that unironically think thier shitcoins and alts will survive the crypto holocaust
>there are people reading this thread RIGHT NOW that maxed out credit cards to invest in to BTC and are holding on for the wild ride down to $500/piece

[Anonymous No.7576919]

>>7576261
>Anyone in the world can use the technology without needing to use bitcoin. Why would anyone want to use bitcoin when they can use the tech for free?
Why do you people get this from? I simply don't understand where this comes from. Please explain to me why a miner/node would run the network?

[Anonymous No.7577025]

>>7576623
explain it to them anon, am interested to hear this

[Anonymous No.7577078]

>>7576627
this. concise and accurate.

[Anonymous No.7577228]

>>7577025
>>7577025
And yet he has nothing.

Cryptocurrency is inseperable from blockchain and he has no response to this.

A blockchain used by an insurance company but not backed up by a cryptocurrency would soon find itself subject to 51% attacks from malicious actors looking to double spend and modify transactions.

[Anonymous No.7577354]

>>7576162
You don't even know what proof of stake is, do you?
Stay poor retard

[Ripple Fundamentals No.7577485]

[Performance]
-Ripple consistently handles 1,500 transactions per second, 24x7.
-Payment channels can process 10s of 1000s of transactions per second.

.
[Cost]
-A standard transaction costs just 0.00001 XRP.
-The cost is not paid to any party: it's irrevocably destroyed.

.
[Real-world use]
-5 institusions are currently using XRP (MoneyGram, Cuallix, FlashFX, IDT and MercuryFX).
-Many banks are currently using xCurrent. Since xRapid is cheaper (saves up to 60%) and provides final settlement, they are likely to transition to it.
-Bichip will use XRP in its RFID chips.
-A w3c standard that Ripple helped develop (and was demo'd by Microsoft) will be available in all major browsers, it'll facilitate paying with XRP.

.
[Economics]
-The supply is fixed.
-Unlike Bitcoin, there's no inflation. Bitcoin uses PoW which relies on inflation and/or high fees. Bitcoin requires $18M of net new $ flowing in just to maintain the price!!

.
[Security]
-Unlike Bitcoin, double-spending isn't possible. Bitmain (a Chinese company) can rollback Bitcoin's chain and bunkrupt the whole ecosystem.
-An attack could only stop new transactions temporarily. Participants would simply remove bad participants from their list

.
[Decentralisation]
-Each participant can run a validator and use his own list of validators.
-validators role is to agree on an order for new transactions
-10s of reputable public & private entities around the world are currently running validators (e.g., Microsoft, MIT, CGI, WorldLink, Bahnhof,..)
-Consensus for the order of new transactions requires a supermajority of 80%

.
[Incentives]
-XRP is a revenue source for Ripple Labs. This aligns its incentives with XRP hodlers. It uses the revenue to improve the tech and expand XRP's marketshare.
-Ripple Labs share is locked in 55 batches on the network. Only one batch can be unlocked per month. It would take them 5 years to unlock them all. XRP is sold only to long term investors (i.e., they can't dump).

[Anonymous No.7577559]

>>7577485
Nice shill kit just went all in see you at $0.05 per!!!!!! HODL!!!!!!!!!

[Anonymous No.7577728]

>>7577228
yeah he's fucked off.. i hear this a fair bit though that blockchain is good the currencies are not, usually from people who basically know nothing, but i'm still not entirely sure if it's just confused parroting from when companies were saying they were interested in blockchain not bit coins or if there is more to it

[Anonymous No.7578038]

>>7576209
>who WOULDN'T want to build a world economic system on a currency where transactions take 10 minutes to verify
better than the week it takes to send money across the world

>and where you can't do business if the internet goes down
can you get any money out of an atm if the banks servers are down?

[Anonymous No.7578223]

>>7575689

Logical fallacy

[Anonymous No.7578586]

>>7575730
This poor fucking boomer was posting here last night. He was comparing us to hippies who wanted to change the world with love. Did you not listen to my arguments, boomer?

We don't intend to scam people. We are interested in tokenized protocol equity with real world value. Not exactly the same thing as fucking burning man.

Smart contracts could very well transact trillions of dollars in 10 years. Does it really hurt to make a small speculative investment while the market cap (a figure that massively overestimates total investment) is smaller than apple?

At least come up with some new arguments as to why smart contracts are useless.

[Anonymous No.7578662]

>>7575689
>beanie babies

Go home, grandpa. This isn't meant for you.

[Anonymous No.7578754]

>>7578586
????????????????????????????

[Anonymous No.7578820]

>Beanie babies
>the only thing saving it from crashing to 0 is that it has a use as a toy

>Monero
>The only thing saving it from crashing to 0 is that it can buy drugs, counterfits, hitmen, and prostitutes

looks like I found the best crypto boys

[Anonymous No.7579085]

OP doesn't understand the significance of complexity in irrational, purely speculative markets. Scarcity itself is rarely the driver.

[Anonymous No.7579142]

>>7578820
Literally the only currency used as a currency kek

[Anonymous No.7579172]

>>7575882
>BTC is the only crypto
I'm sorry for you brainlet

[Anonymous No.7579238]

>>7575689
you dont see the difference in a public digital ledger and internet based currency with more freedom and security than the banking system VS tulip mania over stuffed toys and a collectors market?

[Anonymous No.7579330]

So when are we going to have crypto with INSTANT transactions?

It seems that's the only way this will catch on

Is it possible?

[Anonymous No.7579343]

>>7575689
>when you are too stupid to see the difference between an idiotic collectible fad and a disruptive tech that requires a publicly incentivized network and has the potential to automate a fuckton of jobs and obsolete most bureaucratic institutions.

[Anonymous No.7579432]

>>7579343
>potential
>no use case
>being too autistic to understand that an analogy is not an equation

this why I already made my money and you're still scrambling to buy a house

[Anonymous No.7579464]

>>7579330
No it's not possible because your transaction has to propagate.
150ms is pretty much a minimum.

There are plans for 0.5 sec blocks in ethereum after full PoS, that's pretty much close to maximum.

Don't listen to BCH fags with 0-conf bullshit, it's proven not to work. Funnily enough these retards believe their own propaganda and are starting to accept 0-conf for things. Only a matter of time before it's something that's easily resellable and can't be reversed, at which point fun starts.

[Anonymous No.7579558]

>>7579432
Oh, is it LARP time? Okay, I'll play.
Dude, I have like three mansions, an aircraft carrier full of lambos and a private hunting reserve where I hunt retarded FUDster pajeets like OP for fun. You should have gotten when I did, in 1954 (by the way, I'm the creator of bitcorn, Msungba Michirola, bcash was so cash), LMAOing at your life latecomer, I already made more money than you can dream of.

Happy now? Now clean your room for fucks sake, your mom can't even bring you your tendies with all those cum encrusted tissues covering the floor.

[Bearfag No.7579621]

>>7576457
good bait, honestly
ANyways, who gives a fuck you cunt. So many people got jewed into crypto that it won't die now. Way too many people thinking they can buy All time high BTC and alts and become a millionair
If you are half decent at trading and looking at trends, you can milk them. You damn no coiner, you have no argument against that

[Anonymous No.7579656]

>>7579558
>He thinks a 30 y/o owning a house is LARP
>his financial prospects are that poor

Ever hear of the Afghanistan campaign? Felt good betting dollars on the lives of jugheads like you to make my future ;)

[Anonymous No.7579732]

Everything you say is true but I think I have another year to get filthy rich from deluded anons who buy high sell low.

[Anonymous No.7579770]

>>7575689
Well I got through reading /pol/ proud brothers fight ANTIFA videos on youtube.

https://www.youtube.com/watch?v=Auv9Gnn7fyo
Well usually I stop by /biz/ to look for FUD looking posts like Tulips or Beanie babies etc for a contrarian market indicator to start buying. I'm guessing next ATH is probably in 2 months.


Guess i'm going to go check out /x/ for any unique leaks take care /biz/!

[Anonymous No.7579800]

>>7579732
I already got a car out of this bubble so now I'm just standing by with the popcorn at the ready for when all these investors try to cash out and, spoiler, since these tokens have no intrinsic value no one except investors (who are currently shorting) want to buy them.

[Anonymous No.7579886]

>>7576457
nah they experience stockholm syndrome while owning crypto,
>enter to make money
>stay cuz they believed the bs.

[Anonymous No.7579899]

>>7579656
You just imagine a story about the people who reply to you and run with it. Fucking idiot.

[Anonymous No.7579962]

>>7579899
I mean, you're the one that found me owning a property at 30 to be "larp"

That really, really says a lot about you, that you find that to be so utterly unbelievable that you make a autistic larp yourself.

Here's my recommendation; purt all your money in to bitcoin. please ;)

[Anonymous No.7580021]

>>7579962
>15 posts by this ID
Lel. You are right, owning a house is not difficult. Someone desperate enough to make such an effort ad FUDding though certainly can't afford a house. Well, maybe in India.
So yeah, you are larping, Pajeet.

[Anonymous No.7580032]

>>7579770
hello sir
i bot btc in dec
almost two month ago
pls time travel back sir

[Anonymous No.7580052]

>>7580021
It's almost like it's really easy to trigger poor 14-25 year old white American boys that feel uneasy about their financial situation.

You're only posting out of a sense of inadequacy because after realizing you'll never be able to aspire to more than $50k/y

[Anonymous No.7580069]

>>7578586
>This poor fucking boomer was posting here last night. He was comparing us to hippies who wanted to change the world with love. Did you not listen to my arguments, boomer?

he was right

>>7578754

[Anonymous No.7580086]

>>7580069
Not me but I'm glad he triggered you enough for you to screenshot his posts just in case he ever came back to redpill you

[Anonymous No.7580089]

>>7580052
>16 posts by this ID
Top kek. Also apply yourself at demographic profiling, retard. You haven't even gotten a single category right.

[Anonymous No.7580097]

>>7580089
So you're not white? Ok, filtering you now.

[Anonymous No.7580140]

>>7580086
moar

[Anonymous No.7580179]

>>7580097
A boomer filtering others. Reminds me of something...

[Anonymous No.7580180]

>>7580140
Most of what he's saying is wrong but he's right that that blockchain has value but crypto has no value past other people bidding eachother up. The hippy thing makes no sense. He types like a faggot though spacing everything a million miles apart.

[Anonymous No.7580214]

>>7578223
It proves that limited supply doesn't prevent a commodity from decreasing in value and prices solely driven by speculation aren't sustainable.

[Anonymous No.7580275]

>>7580180
>The hippy thing
both the hippies and the coiners believe in a decentralized future where they take back power from the evil institutions,

[Anonymous No.7580295]

>>7580275
I never really got in to the hippy thing - before my time, plus I'm white and not poor so why would i care about poor losers smoking pot under a bridge

[Anonymous No.7580352]

>>7580295
>poor losers smoking pot under a bridge
>poor losers coding in their parent's basement
times change, people don't

[Anonymous No.7580443]

>>7580352
>hippies
>the most hedonistic group ever
>being useful and productive to society
>spending 10,000 hours to master a skill like programming

good joke

[Anonymous No.7580477]

>>7580443
Most cryptocoders don't give a shit about the efficiency of crypto, they are in it for the ideal of taking down the man

[Anonymous No.7580489]

>>7575689
Imagine actually being this fucking retarded. There exists people in this world who don't understand that blockchain technology isn't just for currency.

[Anonymous No.7580529]

>>7580477
Jesus christ hahaha they should invest in a .45

>>7580489
>make a blockchain
>need to get people to invest in it to make it work
>sell tokens
>it works out

or

>make a block chain
>decide to not release or sell tokens/currency
>no one cares about it since the crypto scene is just poor young white children looking for a get rich quick scheme
>forgotten instantly under heaps of shill posts for garbage like LINK

[Anonymous No.7580580]

>finite resource makes it alluring - check (apart from XRP kek)

Post discarded What an uneducated kid.

[Anonymous No.7580609]

>>7580529
You're fucking retarded dude. Go read a whitepaper, you don't have a clue how any of this works and I can't help you. All I can do is screencap your dumb fucking posts and make fun of you later when you realize how ignorant you were.

[Anonymous No.7580628]

lurker here
what makes cryptocurrency different from any other pyramid scheme?

[Anonymous No.7580677]

>>7580609
the XLM network works whether the token is worth $100 or $0.01

The ETH network works whether the token is worth $10,000 or $0.01

And you wonder why big money isn't investing LMAO

[Anonymous No.7580717]

>>7580529
if you dont release tokes/make the block chain public why would you give a shit what the randoms think you obviously have other plans for it. See IMB hyperledger.

[Anonymous No.7580743]

>>7580677
You keep calling it investing and I really can't take you seriously.

[Anonymous No.7580835]

>>7580743
>in·vest
>inˈvest/Submit
>verb
>gerund or present participle: investing
>1.
>expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture.

Fuck they really did cut public education didn't they?

[Anonymous No.7580844]

>>7580677
Also, the 'token' needs value to pay the miners so you're wrong, Ethereum isn't even a currency. They aren't always called, "tokens," learn the difference. Lastly, XLM is a fucking joke.

[Anonymous No.7580931]

>>7580835
They aren't investments though you fucking idiot, you'd know this if you understood the technology in the slightest capacity. You aren't buying shares when you buy a coin or token. Clearly, you've failed to educate yourself on how any of this works and you're making a fool of yourself with every keypress you make.

[Anonymous No.7581043]

>>7580931
Let me simplify further for you since apparently I voted for you to be retarded.

>Investing
>the act of spending money with the hopes of making money in the future

Buying a candy bar for $1 and holding on to it because you believe it'll be worth $100 in 2020 is an investment. An incredibly idiotic, illogical and retarded investment, but that's an investment.

So, if they're not investments, despite all of /biz and plebbit treating it as a investment and circlejerking over raising prices and crying over dips because the effect their "not investments" then what are they?

Are you legitimately trying to tell me the vast majority of the poor white children on /biz/ putting half their McDonalds paycheck in to Crypto aren't doing it as an investment, you sad, sad product of the American education system?

[Anonymous No.7581099]

>>7580835

>>7580844
>>7580931
I'd appreciate if you at least tried to respond sometime before your stupid thread hits page 10, I know it's hard to when someone blows you the fuck out though.

[Anonymous No.7581148]

>>7581043
It's clear you won't ever understand why it's dumb to call it an investment, maybe try one of my other points instead bud.

[Anonymous No.7581154]

>>7581099
I'm so blown the fuck out by you calling crypto "not an investment" and you refusing to defend it xddd

Saying you've won doesn't mean you have. You're probably not even white from your level of reading comprehension, so filtered.

Download af ew of these please http://www.k5learning.com/reading-comprehension-worksheets

[Anonymous No.7581232]

>>7581154
You clearly need to download those, you can't understand how blockchain works. They aren't investments because they actually have a use outside of buying them and holding onto them like in your ignorant candy bar example. Also, I'm not here to spoonfeed your stupid ass, I don't give a shit if you miss out. Stay ignorant and filter me if you can't actually argue with me.

[Anonymous No.7581390]

>>7575882
i just cant fathom how stupid some ppl are...

[Anonymous No.7581618]

>>7581232
The way the normies / newcoiners talk about their investments is fucking gay, but they are still investments anon

[Anonymous No.7581710]

>>7581618
>Dad
Yeah no. Devs didn't create these applications with the sole purpose of being an investment.

[Anonymous No.7581805]

>>7581710
Devs didn't create fucking land with the sole purpose of being an investment either

[Anonymous No.7581831]

>>7581805
That doesn't even make sense. Is buying a windows pc an investment?

[Anonymous No.7581851]

>>7575689
thing is, beanie babies didn't do anything
>but neither does crypto LAWL
wrong

[Anonymous No.7581856]

>>7581805
You can't cure autism with 4chan posts, anon. Don't waste your time, just filter nonwhites

[Anonymous No.7581890]

>>7581856
You've clearly lost if you need to filter me instead of respond to my arguments you faggot. I'm white by the way, but keep using non arguments.

[Anonymous No.7581904]

>>7581831
It can be, in the same way as buying a semi trailer can be an investment. I am not saying bit coins are solely an investment, but at the moment that is what they are primarily being bought as.

[Anonymous No.7581917]

>>7581856
Also, your retarded thread would have 404'd if I wasn't here arguing with you, nobody gives a shit if you want to stay ignorant.

[Anonymous No.7581961]

I don't give a shit about your collectors. I'm using ETH as money to pay for webhosting, plane tickets and hotel rooms, and as fuel for games.
>+17 ETH with CryptoKitties
>+1 then -1.2 ETH in PoWH (would have been benefit without the vulnerability)
>+0.2 ETH in ethpyramid
>going to make more in etherhell
I'm literally living my life with and thanks to Ethereum, and we're still incredibly early. Meanwhile you're stuck thinking of crypto as Bitcoin, and you sperg out because you don't understand the basics of economics and the role of trust.

[Anonymous No.7581975]

>>7581904
It's bitcoin, not bit coin. Also, bitcoin isn't the only cryptocurrency out there, not every implementation of blockchain technology is meant to be a currency.

[Anonymous No.7581984]

>>7580069
That post is pretty retarded.

Also OP sounds like a retarded boomer nocoiner honestly. I feel bad for him because he doesn't understand.

[Anonymous No.7582222]

>>7575689
They already did crash like 70% retard

[Anonymous No.7582408]

>>7581975
why are you parroting these newfaggot memes to me anon? who gives a shit what something was meant to be? they can and are being used as investments, as currency not so much but there's patches of activity. down the road some will hold up better as investments than others, likely those that pay a form of dividends

[Anonymous No.7582429]

>>7582408
Jesus fucking christ dude, you're not going to make it

[Anonymous No.7582446]

>>7575689
The crash is almost over already, idiot.

[Anonymous No.7582512]

>>7575689
>newegg and amazon will accept beanie babies

[Anonymous No.7582556]

>>7582429
but kiddo, i already did

[Anonymous No.7583463]

>>7581856
>don’t invest in the future goys!
>it’s a ponzi for non-whites, right my fellow white supremacists?
Hi Shariablue. Good to see you still glowing in the dark.