/biz/ - Business & Finance

>>18763415
None because we don't give a shit about scale if we wanted scale we would use paypal.

We want a descentralized p2p blockchain that we can run with a shitty pc.
If we wanted a centralized shit that can be frozen with no reason as i said we would stay in paypal.

>>16404645
Go to the biz archives everyone was laughed and years after it seems absurd how right those that went all in were.

It's kind of amazing looking at the archives of biz or g and realizing that a few oldfags saw the future went all in only to be trolled and laughed non stop.
The funniest shit is realizing that biz was pretty anti crypto and alot of the "muh buttcoin" crowd actually bough dogecoin as a way of trolling bitcoiners and then ended up making a shitton of money in dogecoin.

>>14548784
Libra is going to have controlled creation and destruction of coins and controlled nodes(that earn fees).

But the wallets will be anonymous like btc wallets , facebook is going for the fees(and probably a proxy to buy btc as a corporation).

Libra is literalyl going to be supertether imagine to cash out by buying libra and buying then back btc in the next bullrun all without using cash a bank or anything like that.

>>14548795
No , proof of work based currencies only , ltc and btc would be the ideal ones.

But btc and bch will have their halvinsg after ltc so they are going to steal ltc momentum.

BCH is also riskier since it will be halving a few weeks before btc(and the hashing power can then move to btc for the fees as people fomo) causing bch to be very exposed for a few weeks.

bitbargain

what's ppl experiences?

I just bought a cone for my company btw.

In the UK do I put this on the balance sheet as an asset? What the fuck is it? "Cash" at bank against a different ledger code to my normal bank account?

PLEASE STOP DUMPING MY SHITCOINS AND PUMP THEM UP A BIT I'LL SELL THEM OFF I SWEAR

Have UK Bank Account

Want to buy BTC

Where?

UK Bros pls help

>>14154835
>Yes, 5% yearly is garbage, but if Ethereum hits 100k each node will make around $13k per month. So 32 Ethereum is a must have.

i am not sure pos removes the phyisical component from crypto(electricity and hash power)(which gives each mined coin a base price) , and replaces it by a pure artificial algorithm that resembles very much a ponzi.

>It will survive the halving, Bitmain won't allow BCH to be abandoned.

I hope you are right but that fuck up of halving a month before is going to cause trouble.

>>13878811
BTC is your only chance to make it. Enjoy your leftist sõycuck, uncapped, premined, ICO meme token printing, DAO-forked SCAM. The 2017 ICO craze is the only thing that pumped this shitcoin to ungodly highs and that kind of mania is never happening again.

>crypto
keep waging summerchild

>>13613586
Nobody gives a fuck about your insecure, mutable shitcoins with no liquidity.

Bitcoin is it. And asking why it goes up against infinite fiat scams in 2019 is asking for a bullet to the brain.

>>13582255
This.

First period 2009 to 2012(pre halving)
Available: 10,500,000 BTC (50% mined)
Price increased from : 0.1 to 31 $ (319 times growth)

Second Period 2012 to 2015 (1st halving was 11/2012)
Best Buy was a year before Halving
Available :15,750,000 (75% mined)
Price increased from : 1.85 to 1135 S (575 times Growth)

Third period 2015 to 2018 (2nd Halving was 6/2016)
Best Buy was a year before Halving
Available :18,375,000 (87.5% mined)
Price increased from : 165 to 19k S (115 times Growth)

Considering that the low value after the bubble has been 3200 usd let´s assume we grow instead of 115 times , half of that(a massive reduction in growth) , 57,5 times.

That gives us a price of 182k somewere around 2021.

And this is assuming a massive slowing down in the price increases happening between halvings.

Also bitcoin will have lower inflation than the usd and eur early next year.

Assuming it keeps with the trends and we grow let´s say 100% we are going to 320k.

But we will have lower inflation than the usd and eur so relative to fiat it will be a constant growth so maybe John does not eat his dick.

Bitcoin is the most stable store-of-value in the cryptocosm.This is because only Bitcoin has an inviolable Nash Equilibrium. All the altcoins fall into centralization via politics, because there can only be one longest chain proof-of-work (all others can be attacked due to weaker security level).
Non-PoW so called "solutions" are smoke and mirrors.

>>13498630
>>13498633

>>13452466
You're almost there Anon. Keep going.

>>13428403

>>13422272
>>13422314
>>13422984
You guys are getting there. Pic related.

>>13368926
You're still stuck in the 2017 newfag mindset, anon. Bitcoin is King, there are promising alts but Bitcoin will NEVER go away. It has functioned at near 100% uptime for a decade.

>>13349139
https://www.youtube.com/watch?v=SY3Kxf7ZTeI

DEATH OF A SHITCOIN

WITNESS

Anyone else getting fucked over by blocks taking 20+ min to mine?

Can't move my BTC around fast enuf... lamo

As we know 70+% of the BTC hashpower is located in China.
What would happen if the Chinese decide that bitcoin is a threat for their economy and shut down the mining operations? Is this possible and is the chinese government actually profiting from all the bitcoin operations.

Yes, I am a brainlet.

>>13199837
no. because you listen to fud and spammers on /biz/.
you can't kill the king.
it's got too many master nodes too well distributed with a coin distribution that gets better and better as time goes on.
"never short the corn"
we've been telling you for years
stop listening to fud

>>13164777
>Any legal advice would be appreciated.

Now you need to prove you are not pablo escobar 2.0 until then your transactions are frozen forever.

You now understand why people are using btc more and more , even at 50 tx fees it would be better than doing international wires through banks.
They can take weeks and be frozen for no reason.

>>13144436
>actually claiming smart contract platform to be better form of "money" than bitcoin

lul topkeks for the newfag