/biz/ - Business & Finance

>>12184226
>buy a coin just to spend it
why not use fiat and skip all the hassle and friction of using a cryptocurrency in the first place
fucking keynesians thinking that high velocity of a coin/token actually drives its price kek
Holding IS using, period.

https://www.youtube.com/watch?v=tfba4FFErrQ

watch this you stupid big blockers maybe you will get it 1 day

>>12085551
>Eth is incredibly undervalued
No it's not. Ethereum is purely a gas shitcoin, just because it's oversold doesn't mean it's undervalued. There is only a few stupid dapps running + transfer fees put it probably around $7-$15
If it wasn't correlated with btc I would be shorting it even know, but knowing that bitcoin's pump will also pump this shitcoin prevents me from doing so

>>11667455
See what Chads we are? even fucking starcucks begs us to give them our BITCOIN CORE precious coins but we say
>fuck off kikes
no one is getting my btc
spending=selling and I don't sell diamonds for pennies

>>11472375
Anon, there is a thing called sarcasm

>>11421742
>muh environment
go and check how much resources and electricity are banks wasting every seond all over the world

it's always sjw cucks crying about muh electricy muh climate
fuck off, what happened to the good ol' free market ? there is a will there is a way, supply and demand
>bbb--b-b-b-but muh 1s and 0s cost so much electricity bwwaaaaaaa!!11111

keep crying you cucks

>>11292871
>t. bitfinex'ed

>>11292887
no one gives abut tx speed because there is 0 reason to use crypto as a daily currency you brainlet

>>11292936
this

>>11292960
the most secure, liquid and stable cryptocurrency with a proven track record in the world, that's what gives it value

>>11293510
this guy fucks

>>11039731
DELUDED
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BEAR
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A
R

>>11014291
>gold has lots of industrial utility
lmao, go and check how much of that utility impacts the total gold market cap and you will quickly realize it's a meme,

>cultural value
who said btc can't have cultural value especially in this day and age? you're thinking like a boomer desperate to defend the status quo

>You can hide your gold coins in a hole to stash away some fraction of your wealth during war.
try escaping from the airport with that shit lol
btc>gold>pile of shit>altcoins

>muh war
yea man, it's gonna happen any day, tanks and machine guns are gonna be flying around next to your house, and we're going back the to caveman times.
what if a meteor hits the planet? are you gonna stick to your gold/stocks/eth? lmao

>Tell that to everyone who bought eth just to buy into an ico, to pay fees for token transfers, to buy a cryptokitty, a baseball card.
100% scam and mania driven utlity and now it's going to the trash where it belongs

>The only remaining to buy bitcoin to use it is to buy drugs.
no, its utility is to beat inflation by putting your money into something with the best security in the entire crypto market right now and a fixed supply. period.
>b-but how is that a store of value if it went down 80%
wow, a new asset class is volatile and not distributed evenly, wow, really makes you think
gold is still lower than 7 years ago without even counting inflation

>lmao I bet you bought in 2017
*WRONG*

>Every possible use case was already tried, almost all abandoned. Only speculation and drugs remain. There's zero untapped potential.
It's likely going to bubble for the last time if ETFs get approved, that's it. Nothing more on the horizon.
except it's a good gold alternative with a fraction of its market cap

I'm sure your eth or whatever shitcoin you're into have any upside lmao, enjoy your sharding 2020 (aka never), this shit doesnt scale or isn't secure and even if it was no one serious wants to use it for anything.

>>10511154
Shitcoins...

>>10490210

>>10397981
This
Ethereum is a shitcoin, and no, the fact that the rest of the market is even worse doesn't justify ETh's market cap. Into the trash it goes