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/biz/ - Business & Finance

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10081951 No.10081951 [Reply] [Original]

You guys were buying something with no market adoption, no merchant use and no business model that was valued at 800 billion usd at one point

Even at 250 billion today, what makes you think it’s a good idea

>> No.10081960

I dont think its a good idea

>> No.10081969

at 30 u wont see the benefits

us young 25 yr olds will benefit most from crypto advances, u'll be long ded before adoption

>> No.10081977

Store of value against a depreciating dollar

>> No.10081988
File: 927 KB, 953x1290, 1517011187907.png [View same] [iqdb] [saucenao] [google]
10081988

Wait
people actually hold bitcoin?
Hahahahhahaha

>> No.10081993

all the people i know from uni are buying crypto they can't stand the idea of being a wage cuck. so many retail workers buying crypto. it is literally a way to move up in life. there are more people willing to buy even if it dips than people wiling to sell. all those sales have buyers and those buyers are not selling.

>> No.10082020

>>10081993
just read the shit you wrote again
and again
and again
let it sink in
what did you describe?

>> No.10082022

>>10081993
>all the people i know from uni are buying crypto they can't stand the idea of being a wage cuck
Right, they speculating that the price will rise again so they can make more FIAT. Nobody cares about the technology and that's why it's destined to fail.

>> No.10082079

>>10082022
Most people don’t care about anything aside from eating and getting their rocks off does that mean the world is gonna fail

>> No.10082138

>>10082079
he described literal children afraid from being adults coping with internetmememoney add the pajeets and you have the majority of "investors" in this "market" (more a toilet for vc's)

>> No.10082187
File: 23 KB, 780x439, lottery.png [View same] [iqdb] [saucenao] [google]
10082187

>>10082022
Americans spend 70 billion a year on lottery. Stilll in the chump change range

>> No.10082194

>>10082022

Practically no one cares about how the internet works either. Yet everyone uses it every day. Women didn't give a single solitary fuck about the internet before social media sites/apps and now they're all using it lol.

>> No.10082200

>>10082187
yea because people put their entire savings into lottery tickets right?

>> No.10082212

>>10082200
Just went all in on lotto tickets. Thanks frien!

>> No.10082226

>>10082200
this really makes me think
i might actually go all in on the lottery

>> No.10082245

>>10081951
the idea to take a risk was good. the bad idea was not to sell thinking it will go up again.

>> No.10082260
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10082260

>>10082194
(YOU)

>> No.10082283

>>10082020
Pogs

>> No.10082288

>>10082079
>>10082194
lmao how heavy are those bags? people care about MONEY and that's why the world isn't falling apart.

>> No.10082321

>>10081951
same thing that made you think it was a good idea to buy an over-produced v6 camarro with custom license plate on a 5 year note - greed and fomo

>> No.10082426

>>10081951
i m playing greater fool with other retards

>> No.10082486

monero has all of these though

>> No.10082500
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10082500

>>10081951
>Starts lawnmower
>Blasts stereo
BOOOOMMMMEERRRRRRR!!!!!!! YEAHHHHH YAYAYYYYYYYYA USA!!!!!!!!!!!!!! WOAH WOAHHHHHH YEAH YEAHHHHHHHHHH!!!!!!!!!!!!!

>> No.10082537
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10082537

>>10082187
This is quite illuminating. That's 70 actual billion dollars being spent. Compare to the crypto world where $1 pumps the market cap by anywhere from $20-$40 (depending who you ask).

If americans funneled all their lottery dollars into crypto for a year that would literally take us to like a $1.5T market cap minimum.

>> No.10082607

>>10082200
nice just bought 100k

>> No.10082917
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10082917

>>10082288
>>10082260

My bags are pretty light atm actually. Just bought a little bit more and will be buying more the lower the price goes. People don't really care about how the fiat money system works they only care about having money and using it lol.

>> No.10082950

>>10081988
>implying physical cash will exist in 10 years