/biz/ - Business & Finance

https://counterparty.io/news/an-open-letter-and-plea-to-the-bitcoin-core-development-team/
This is why BTC is losing market dominance!

>>6694555
You're telling me to buy stocks now that the next crash is imminent

>>6580340
80000 BTC = 673.353.024€
Holy fuck...

But what the fuck does the XRP DO?! In a BTC like cryptocoin the token is a currency in itself, but what does XRP tokens do? They were just issued and sold in crypto markets without having anything inherent to them makes them part of them. BTC-like cryptos have value because they aren't controlled by any central authority (and if the code changes fundamentally you fork it). If you don't understand that you're braindead.

> How long do you boys think this ICO gold rush will last?
1 year. At least 99.9% of the ICO's will turn out to be one of those:
A. no more than scams
B. legit business model with a 2 men team behind who's clueless on how to actually make anything work even when they want to make it
C. legit idea with a 2 men team behind who the moment they raised all the money they could dream about making they'll lose any motivation to do any work
D. good idea with good team that failed because 99.5% of startups fail

I bet /r/bitcoin is operated by an army of paid copywriters.

I don't believe a single word on /r/bitcoin, for all I know it's an army of paid copywriters.