/biz/ - Business & Finance

>>57878952
Everything I know about economics tells me that Bitcoin (and every other cryptocurrency except maybe Monero) is worthless, nothing more than a speculative bubble, and yet it keeps coming back time after time. Maybe I'm right and it's just a really long-lasting ponzi scheme that will crash to its intrinsic value of almost zero at some point, or maybe I'm wrong and Bitcoin will become the dominant global currency and the network will continue to run for hundreds of years. Time will tell, but regardless, I won't be touching it. I'll watch with interest from the sidelines.

I still find it difficult to believe that millions of people all over the world don't understand what "value" is. They just see line going up and convince themselves that a series of 1s and 0s is worth their hard earned cash.
Do not (You) me with your brainlet retorts, faggot memecoiners.
>b..b..but what is fiat backed by?
By the billions of tons of goods exchanged for it, you stupid motherfuckers.
Why is such a large percentage of the human population so goddamn stupid? Everyone has a huge trove of information at their fingertips, but most never use it.

I wonder how we'll look back at this period in the stock market. Will we look back and wonder how so many people didn't notice the speculative bubble, or will we wonder how so many people failed to get in on the ground floor of the AI revolution?

>>29506249
This is just a correction and we'll be back in the clouds within a week. Don't listen to any of these other retards. Pretending like it's the end of crypto every time the market dips is their only hobby.

>>27388752
interesting.

What's a price that BTC and ETH are only stepping down again if this bubble pops?

Graph has been the easiest trade for profit for me this year. It was a good 2020 boyos

What's the next trend going to be guys? It was Polkadot last week. It's YFI this week. Any ideas?

What are you guys buying during the dip?

>>18019648
so did _unwriter reveal his identity like he said he would do?
or was it "just for a closed group"? (meaning he didn't do it if it hasn't been leaked by now)

How the fuck is the price of gold dropping?

>go to any gold bullion seller
>completely sold out
>nothing in stock
>obviously demand is outpacing supply significantly
>meanwhile price of gold is down over 10% in the past 2 weeks
>continues dropping 1-3% per day regardless of whether market as a whole is up or down

What the fuck is going on?

>>16378360
sure faggot, i might agree if it was just a fetish behind closed doors but you literally have gay people shoving their dicks in kid's faces every pride day. and even then there's always the decline-in-birthrate argument.

but at least being gay is not as bad as being trans. those fuckers deny reality and would punch you for calling water wet.

>>15945959
but at least you have a gf and a place of your own

>>14666666
cheggin

>>13651085
I think the new deadline is Friday.

I think we can make it.
This board is so empty even when bitcoin is climbing again.
At which price will they fomo again?

>>13406285
Nah. I'll copy what i posted in a different thread about this (with some additions):

Whatever candidate the left nominates someone will dig up something he or she has said or done in the past, and the left will shun them for saying or doing that.

Meanwhile on the right you can dig out almost anything in the person's past and people don't give a shit and vote for that candidate anyway.

Meanwhile shit like saying "Easter worshipper" will alienate center leaning leftists so they either don't vote at all or just step over to vote for Trump. Left are pushing away voters in droves by being anti-white and anti-reality + providing no solutions to problems ("dunno wtf to do about the immigration problems right now but Trump's wall is bad because it's immoral").

>>13228685
>If the Fed cuts rates
>If

>>13168016

> 30% are 25+

Today the depression is hitting really hard, haven't ate in all day, no libido, nothing at all

>>12569960
what's the news this week? skeptical about entering at ath

>>11548327

>>10575662
>Also BCash tweaked the EDA, so it can never be Bitcoin.
that's whole point of bitcoin cash, to prevent harmful mindsets like this who stagnate the crypto. upgrades are certainly allowed, in fact they are required or else something different will overtake bitcoin with time. bcash has a lot better EDA now than legacy bitcoin.

im banking on that the lines will cross, you just make sure to remember your own definition of what makes a crypto bitcoin

What did he need $32,000,000 for?