/biz/ - Business & Finance

to all the newfags, this is a meme created to keep you from buying BTC before the bullrun. the next meme will be at the peak of the bullrun, where discord pajeets will tell you not to tether up because tether is going to implode. This will make you miss your entry point and exit point. do not fall for the retards on this board who want you to lose.

claim haircomb sir

>>23723548
It’s not a meme, it’s reality. Back then BTC was the only big thing out there but now things are different, there are a lot of projects out there to choose from and they all do it better than BTC. The only reason BTC is still around is because it’s the poster boy for crypto and sooner or later people will realize they’re throwing money into old tech and it will crash. You’re all playing with fire and betting on the stupidity of boomers, it won’t last long.

>>23724183
I'm not sure if you're just sticking to your larp here, but if you unironically think anything is going to replace btc, Anon.. I

Bitcoin sniffles and alts shit themselves. It’s crypto nothing has to make sense, it’s not about tech or use case, it’s about what people fucking buy

>>23724424
That’s why you buy the stuff nobody else is buying so that when the dumbdumbs finally see the value of it you get rich from it.

>>23724451
>DUDE the stock is literally ONE PENNY
>when the DUMBDUMBS see it theyll snatch is up and youll make 10000X YOU'RE INVESTMENT
>cmon bro BUY LOW

>>23724451

That's fine but there are about 70,000 cryptocurrencies/tokens currently in existence. There is a long trail of dead bodies where people thought it was the next big thing, turns out it never got adoption and just sucked. Ripple being the prime contender.

>>23723505
>Why are you still buying BTC?
because it's the only crypto that matters

>>23724594
also this webm shows you what is it like to buy altcoins.

>>23724650
>let me put this vaguely fishhead shaped object in front of its mouth
idiot

>>23723505
>It was given a chance to be a currency
DASH is better as a currency and actually accepted grocery stores as we speak

https://twitter.com/ActivDigitales/status/1323316966430547968

>>23723505
my god....
your poverty is palpable....its actually repulsive.

>>23723505
>please buy my shitcoins bag sir, i need to feed my village, i fell for the defi meme and i'm 90% down

>>23724750
I’m up 300% buddy, how much are you up in BTC this year? 50%?

>>23723505
> He thinks the best tech is what creates value.

>>23723505
I'm not dumb enough to have ever taken seriously the (now old) dipshit reddit/pajeet narratives you are espousing, which were only ever born out of envy due to the notion you were late to the bitcoin game. Anyone with IQ above 120 who has been following crypto since before 2017 can see that, besides for those taking part in shitcoin scams themselves who thus have the incentive to dupe people.

The "next bitcoin" became a meme among newcomers, who never really did their homework in truly understanding bitcoin before they started buying into speculative reddit narratives as to what would replace it, based on ignorant slogans like "bitcoin is myspace, but my shitcoin ______ is facebook". mETH heads for example believed eth would flip BTC in 2017 (muh flippening!), and since then they have capitulated on this hope and cycled through various beliefs as to what ethereum is actually supposed to be good for. This rhetoric will persist so long as there are altcoiners who want newcomer idiots to pump their bags, but if anything were to ever overtake BTC it would have happened by now.

>>23723505
Sold mine long ago....best to buy low mcap gem for the most profits to be earned...like UBXT

>>23724183

you're based anon, btc is the crypto poster but it's far away from being the future.

>>23723505
Cope poor shitcoiner

>>23723505
It‘s the best perfomer in the last ten years. Take a look at your shitcoins. Link will be still $10 in ten years.

>>23723505
Everyone knows this, but it's also a great store of value just by virtue of being deflationary. It does only have value because people say it does, but at the same time that's a super powerful sentiment. For instance, platinum is exponentially more rare than gold, so much more so that all the platinum ever mined could probably fit in your house.
Yet the price is no where close to gold's because people DECIDED that gold was more valuable.

>>23725314
300% of what? 100$?

>>23725803
From $1.25k to $10k

>>23725988
Exactly, now you know why I don’t gamble my networth instead (BTC is +98% yearly, yes, that’s 150k profit)

>>23726025
https://tallyco.in/s/utsgf7/
Do you mind helping a brother out based BTC maxi?

>>23726057
Not going to click fishy links
Not going to touch my cold wallets

>>23725988
Not even 1 btc worth

Thanks for the financial advice teenager

>>23726091
Understandable
I'll just get banned probably.
It's tallycoin, a crowdfunding website for crypto
Google it it's legit. But yeah I get it it's okay was worth a shot.
HODL on based bro

>>23726102
Kek

>>23726091
Isn't the screencap from binance or something btw? Or just a portfolio tracker?

So what should I use for currency? Dash? Litecoin? Explain why I should choose your currency?

>>23723505
will this fucking shit gonna retrace to fill that nearly 10k cme gap? I want to transfer my eth over to btc but I dont want to buy high just for the shit to dump the second I do. And God damn eth finally hit 400 again so im so tempted right now.

>>23726304
>>23726282
Imho a 60% BTC long run
ETH 20% since ETH 2.0 on the way and it increases with BTC
20% XMR because bullish as fuck

>>23725747
yes yes extrinsic vs intrinsic value do you have any other sage ideas

>>23726102
”I have more money than you so your opinion is invalid”
bruh

>>23726468
he's meming, just keep doing what you're doing

>>23725988
That's way more than 300% gain, you're either lying or trash at math. and yes because someone has more money than you does make their opinion more valid.

>>23723505

>crypto currencies should have value
>they should also be able to become obsolete at a moments notice when “better” tech comes out

Why would anyone invest in something that will be replaced by the next FOTM shit in short order?

>>23723505
Fine - dont buy any. Let the big boys lock in their stable gains for a generation while your alt gets obliterated within the next 10 years guaranteed.

Betting on best tech is a surefire way to ensure it gets replaced by an even better tech eventually.

BTC isn't about better tech, its about being whats valued and making sure that value is secured. There's a reason bitcoin maximalists are almost religious about bitcoin. ETH holders have such paper hands that they are already dumping it for AVAX, DOT or whatever other flavor of the month in droves. Writing is on the wall.

i thought btc was a good long term investment

>>23726743
BTC is a cult then, got it.

>>23727338
yes, i'm glad you finally figured it out you retarded dumbass, it is precisely because BTC inspires religious-style faith in so many is what makes it a good long term store of value investment

What are the chances of China shorting Bitcoin and then doing a 51% attack on it? Not tech-savvy plz don't laugh at me.

>>23723548
Also, the "you can't actually cash out" meme before and after the parabolic run-up.