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/biz/ - Business & Finance


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12530158 No.12530158 [Reply] [Original]

https://www.cnbc.com/2019/01/23/bitcoin-price-going-to-zero-davos-future-of-blockchain-tech-.html

>> No.12530177

>>12530158
whats that pin hes wearing

>> No.12530203

Don't these lame technologists understand, until the public adopts something more valuable that I'll just continue collecting BTC?

I don't see any reason why people would stop using it.

>> No.12530218

>>12530177
He's clearly a stolen valor LINK Marine.

>> No.12530232

Every online exchange or market worth a damn accepts BTC. BTC is extremely useful right now. If I need some other kind of transaction I can use a shit coin.

Its going to 100k+

>> No.12530233

>>12530177
It's the logo of his shit fund. And it is shit, feel free to check out their protfolio

>> No.12530256

sure, if the entire concept of decentralized digital currencies disappears for a generation or two, yeah, bitcoin could go to zero.

thinking bitcoin can "die" and not take the entire cryto space with it though is pure late adopter cope.

>> No.12530330

Kek obvious buy signal

>> No.12530338

>>12530158
CHAINLINK

>> No.12530366

>>12530158

"blockchain not bitcoin"
"bitcoin will go to zero"

how many times will these retards be BTFO? keep giving us all your money LOL!

>> No.12530451

>>12530232
The problem is that this trend is actually reversing. Steam for example no longer accepts BTC. It's likely that a stable coin will replace most of what people currently use BTC for over time unless the BTC devs magically stop being incompetent retards. The fact that they are pushing the preposterous store of value narrative so hard makes this unlikely.

>> No.12530551

>>12530366
>t. NoLink boomerfag

>> No.12530569

>>12530551

wow you guys better dump your bags, all that shilling based on hype can only last for so long kek

>>12530451

still doesn't understand bitcoin whewwww lad

>> No.12530583
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12530583

>>12530203

>> No.12530594

>>12530451
its no surprise that the late adopter bitcoin-is-doomed crowd doesnt even understand it in the first place

>> No.12530595

>>12530158
i thought davos only existed in westeros

>> No.12530600

>>12530569
>keeps breaking ath priced in your precious boomer shitcoin
>bags
BOOMER COPE

>> No.12530610

>>12530594
>t. Jimmy Song
Fag, we know it's shit

>> No.12530620
File: 33 KB, 582x600, 1532654760788.jpg [View same] [iqdb] [saucenao] [google]
12530620

>>12530600

>my scam coin that will be unable to deliver a working product is superior

k dude LOL

>> No.12530633
File: 186 KB, 1200x797, 1506731920534.jpg [View same] [iqdb] [saucenao] [google]
12530633

>>12530594

this.

>> No.12530637

>>12530610
no, you hope and pray it is because the truth makes it clear that you've wasted your only opportunity to become incredibly wealthy. its no surprise late adopters like you are the kind of people easily fooled by the chainlink spam on biz too,

>> No.12530643

>>12530637
>late adopter
>bought LINK at 22c
Get fucked grandpa

>> No.12530650

>>12530158
what is the point of posting a thread like this
we literally have a site which links to hundreds of articles like this and they were ALWAYS wrong
https://99bitcoins.com/bitcoin-obituaries/

is this just some /v/ refugees posting threads like these, thinking they're going to "BTFO" biz or something?

>> No.12530662

The discussion ended with a vote on what's next for cryptocurrencies. Asked whether "the whole thing is totally overhyped and quite dangerous," only one member of the audience raised a hand.
That person? Gottfried Leibbrandt, CEO of the global international payments system Swift.

>> No.12530666

>>12530643
hahahahah

>> No.12530673

>>12530637
chainlink has outperformed BTC tremendously in both 2018 and 2019, a bitcoin maximalist like you should be sucking its cock, not attacking it

>> No.12530677

they want them coins cheap
NOT GONNA GET IT

>> No.12530745

>>12530643

at what point to you sell a scaM?

>> No.12530797

>I think it's a great technology but I don't believe it's a currency. It's not based on anything.
Tell me some fucking more mr. Expert. I am so sorry for any idiot that would trust this clown with their money.

>> No.12531134

>>12530158
the chinese bitch namedropepd neo
my bag feels less heavy

>> No.12531194

>>12531134
Chinese people are relentless shills for whatever it is they have to sell, it doesn't mean anything.

>> No.12531238

>>12530583
I always wished this was a link meme

>> No.12531245

>>12530366
>blockchain not bitcoin
>bitcoin will go to zero
Same sentiment here. They think blockchain is some superior tech. It isnt. It only has value because of public consensus. Their blockchain tech isnt going to do much if it isnt publicly traded.

>> No.12531262

People have been saying that for a decade. It's the cycle.

When bitcoin is bearish its going to zeri
When it's going up its a bubble scam ponzi

>> No.12531632
File: 35 KB, 760x400, 1544455681141.jpg [View same] [iqdb] [saucenao] [google]
12531632

>>12530569
>when you understand bitcoin so well that you need to rewrite the whitepaper to fit your new roadmap

>> No.12531686

>>12530451
>he thinks block stream wasnt created to kill bitcoin.

>> No.12531706
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12531706

>>12530177

>> No.12531783

>>12530158
Looks like Varg would, a fraction of a second after a grenade exploded in his cerebellum

>> No.12531815

Noisy signaling.
Anyone with an opinion worth giving a damn about will just short it if they think Bitcoin will go down.

>> No.12531849

>>12530177
Photoshop

>> No.12531867

>>12530256
This. We all know it's obsolete, but it's too important. Things might gradually decouple from the price if adoption of other cryptos happen, but 0 is insanely unlikely. And it's cnbc ffs, anything they say is 100% opposite to what's going to happen.

>> No.12532199
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12532199

So the whole BTC to 0 is false, right? There is no way I can see it dropping below 2000 USD. What do the majority of normies buy their drugs of the darknet with? BTC. Sure, there are alternatives in the popular markets but we all know that near 20,000 peak last year opened eyes to everyone. Last year on Halloween it was ~4000 USD and nobody expected the surge of popularity. We saw it jump to 9000 around late November because everyone wanted their drugs before Christmas rush and that in turn sparked more value and attention to the max. But that gravy train died as quick as it peaked and has been lingering under 5000 for quite some time now. Why? If it was truly about the Christmas drug rush it should have happened this year...You know what I think after using BTC for DN after nearly a year? The whales are waiting for the spring break drug rush for bigger profit and the fact that cold weather and slow traffic tends to fuck packages A.K.A demand. The whales have to make a move soon or their value in BTC will be useless. They want to make people think the coin is dead and alt coins are on the rise from memes and media so they can sop up those BTC cheap and slam their aces down when the time to generate drug hype/BTC value is prime. I do think BTC will eventually be milked to death, as the faster the profit wave the harder the crash. If it crashes hard enough a superior coin will drown it, especially given enough time for DN markets to add it in their payment options. Steam won't take BTC anymore because it's to risky a coin value. Games are legal and can be purchased with a card. Drugs are the issue with card. March is gunna be a tsunami /biz/, I can already hear the currents churning.