/biz/ - Business & Finance

>>2435882
how do you know

and when?

>>2435882
Where do you propose this wealth is being generated from?

>>2435936
I think this is the kind of thread where OP doesn't respond

>>2435936
it's simply how the coin works. the more it's used, the higher the value, basically, it actually over time if your not retarded it makes /everyone/ rich. the reason this beats fractional banking is because there is no scheme of imaginary money above what there is, and is the currency of the technological age approaching.

>>2435936

>>2435882
>even if you only have 100$ invested in crypto
If I invest 100 dollars into crypto right now (actually, I just did), by your estimate I'd have 10,000 dollars (if I went with ETH)

>>2435936
The coins are infused with jewish magic

Need 4.5 trillion market cap for BTC to be 300k each. AKA everyone on Earth is using it. If nothing bad happens with BTC, then it will happen, slowly.

ETH IS NOT SUPPOSED TO HAVE HIGH PRICE!

>>2435882
https://www.youtube.com/watch?v=OnmFn7bvIrA

I think it's possible.

>>2436023
Emphasis on slowly, because btc transactions take fucking forever.

>>2436071
this

>sitting on one for 7 hours now

>>2436047
This too. ETH will never touch BTC. It is unsafe and slow. It's purpose is not as a store of value. BTC is what to own. I can go to a fucking Bitcoin at right now. I can buy almost anything with specifically Bitcoin. I can't do that with any other crypto other than LTC.
>>2436071
>>2436083

August 1st.

>>2435936
from all the normies who don't use it yet who then have to get in on it. when billions of people are rushing to buy crypto, our little memetrading will become monolithic in returns.

>>2436071
that's either going to be fixed or BTC is going to be dethroned by a better altcoin.

>>2436117
Billions of people cant even remember their fucking passwords.

>>2436092
>This too. ETH will never touch BTC. It is unsafe and slow. It's purpose is not as a store of value. BTC is what to own. I can go to a fucking Bitcoin at right now. I can buy almost anything with specifically Bitcoin. I can't do that with any other crypto other than LTC.
Where have I heard this?
>BTC will never touch USD. It is unsafe and slow. It's purpose is not as a store of value. USD is what to own. I can go to a fucking ATM at right now. I can buy almost anything with specifically USD. I can't do that with any crypto.

>>2435882
Yep, the Rothschilds will gently roll over and allow all their wealth and power to be handed to the NEETs.

>>2436132
LTC is the only one that would dethrone BTC. This is why I own a shit load of both.

>>2436135
Bitcoin is faster and safer than usd. ETH isn't a store of value.

After bitcoin gets segwit, what will become of litecoin?

>>2436092
if segwit happens then BTC is going to be permanently fucked by the 2mb limit. chink miners need to stop being jews and signal higher block sizes before this shit goes through or BTC is fucked. There's no way global finance can ever run on 2mb.

>>2435971
Dude please learn basic finance before ever writing anything ever again

>>2436166
Litecoin is getting lightning which is infinitely fast.

>>2436134
bitcoin doesnt need a password, you can secure it under your fucking mattress.

and despite bitcoins flaws (which, by the way, are often also present in fiat but less severe) if the shit hits the fan in some country and the currency becomes toliet paper, people will either move to a deflationary currency like bitcoin or starve.

>>2436174
Oh, i expected ltc then to become worthless, seems like it wont be the case then.

>>2436158
>ETH isn't a store of value.
How is it not?

>>2436213
LTC is a bit less safe but much faster than BTC. Safety is irrelevant if you aren't an idiot.

>>2436277
It isn't designed like Bitcoin. Its purpose is to run smart contracts, not store lots of money safely and allow quick transfers. You will never see an ETH ATM.

>>2435988
I just put in 75 dollars to test the water and after diversifying fees i have around 60 dollars, did I fall for a meme

also I can't buy waves with the bitcoin i have there it gives me an order error, any help?

>>2435982
what does this image tell me?

>>2436166
there probably gimping the fuck out of it so alt coins stay relevant

>>2436320
What does BTC do that ETH cannot?

>>2435882
its too late to get into any crypto unless you're already rich. Everything besides eth and btc is shit.

>>2436320
> not store lots of money safely
The only reason btc stores money "safely" is because of the price. This is not a valid argument when I've been storing my money in eth just as safely and earning way more than I would with btc.

>and allow quick transfers.
uhh do you have any idea how much faster eth transactions are than btc at the moment?

>You will never see an ETH ATM.
http://blog.ether.camp/post/140752725123/ethereum-atm-is-real-now

bitcoiners are getting so desperate now. it's very interesting to watch

>>2436693
>its too late to make 40000% returns in months
Ftfy. There's still huge gains to be made, just not insane ones.

>>2436339
USD is global reserve currency
image should say (1920-???) instead of (???)
the average lifespan of those reserve currencies is 94 years.
1920+94 was 2014.
you could say USD is nearing the end of its lifetime as the global reserve currency.

what is the currency poised to take its place on the global stage?

>>2436777
Lucky sevens, kek confirms there's still plenty of money to be made.
Praise him!

>>2436640
security, decentralization, supply cap, not hard fork itself for big investors

>>2436796
>what is the currency poised to take its place on the global stage?
Bancor

bitcoiners are so hypnotized by limited supply that they completely ignore the fact that supply is only half of what determines price. limited supply doesn't mean shit when demand goes away. and to say that demand should be high purely because supply is low is retarded. if you don't believe me then i would love to sell you the shitcoin i made the other day. only 1k exist and more are never being made. imagine how safely that would store your value.

>>2436092
t. tech illiterate who can't see further than his nose

>>2436332
I put 170 in friday and today have 220.
"Diversification" basically what you did is cast a wide net. You fell for several memes, in hopes a few will be big winners.

>>2436831
fuck yeah we in this

>>2436758
And XRP & IOTA exudes the same gains over ETH.

BTC < ETH < XRP = IOTA

There is going to be one world currency in the future.

It will NOT be Bitcoin.

It's looking very likely like it will not be Ethereum either.

It's going to be XRP or IOTA. Just based on the amount available, I'm still leaning towards XRP.

A global currency needs 2 things: Be Fast. Have a ton of liquidity.

Well, if 1 drop of XRP (0.000001 XRP) constituted $0.001, then there is potential for $10 Quadrillion of value in the unit.

The one world currency would need to be able to hold that much value. Anything less is shortsighted and naive.

>>2436796
Either XRP or IOTA. The only two with real use cases, a solid team of developers, not limited by technical factors, and enough units to constitute a large enough liquidity to be used as a global currency.

>>2435895

>>2437079
Which means bitcoin will be digital gold and the one which actually appreciates overtime, unlike e-fiat scams such as those, but you are too dumb to realize this so keep buying shitcoins.

>>2436831
lol, oh god, no it won't. All it did was show the world that Ethereum's only really good use-case is for ICOs right now.

>>2437060
You have no idea what you are talking about, right now you are witnessing the fall of central currencies there will be no one currency

>>2437096
Were you meaning to reply to me? Bitcoin will hold value, sure. But it's super horrible tech, really fucking shitty, and will be phased-out in every sense (just like gold).

Does gold still hold value? Fuck yeah, a ton.

Do you buy groceries with gold? Fuck no, idiot.

You use a debit card with 0's and 1's making-up your "money".

But yes, keep calling me dumb you fucking moron.

>>2437117
You anarcho-capitalists are so fucking boring. You cling to your "banks will die!" schtick like it's the only thing you've ever known.

If you think banking is 100% done, you're sooooooo fucking stupid. You're probably under 30-years of age, so you really have no idea how the world fucking works. You've never applied for a loan, or a mortgage...

Will coins/tokens do these in the future? Possibly, but who's operating them?

FUCKING BANKS YOU STUPID IDEOLOGICAL FUCKWITS

>>2436864
they also ignore that supply limit only kicks in after we're all dead.

>>2436864
T.nocoiner

>>2437203
They also ignore how fucking horrible it is to transact with it. It's a 1910's Model-T trying to compete with a 1960's Mustang (Ethereum) and a Lambo (XRP).

>>2437297
>cripple
kek, are you STILL bagholding that?