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25450765 No.25450765 [Reply] [Original]

If you think there's anything better than BTC, you are wrong. Bitcoin has more PROOF OF WORK than any of the shitcoins combined. Thinking some shitcoin should be worth more than Bitcoin is ridiculous, the amount of resources gone into ASIC development, personnel fees, electricity boggles the mind. The fact that so much value has gone into producing Bitcoin and you think because some shitcoin has faster blocks or transactions is extremely peculiar. Who are you lying to, yourself, us, or are you stupid? If it costs let's say €50 to mine one gram of gold (Bitcoin) and it takes about €1 to mine one gram of Silver, which do you think is worth more? In matter of fact, most shitcoins are so "easy to produce" that they are more akin to Silicone, perhaps ETH is silver, but your shitcoin aint a precious metal. There's DIRT all over the planet containing Silicone. Push comes to shove Bitcoin costs a HELL of a lot of money to produce, much more than any Shitcoin. Look I appreciate you being a moonboy for your Shitcoin but you gotta accept that there is and will always be only one true king. Don't laugh at institutions buying this up either, they're smarter than most of us and know Bitcoin has actual value and not some shitcoin.. The only other coin that has (even if incomparable) truly sufficient POW is Ethereum, and it's no surprise CME is adding it to it futures.

>> No.25450799

>my opinion about someone else's post is so fuckin important, that it has to be a standalone post, not a reply.

holy shit off yourself.

>> No.25450803

>>25450765
this is the mind of a normie who is coming to terms with buying BTC at 30k. Of course none of that garbage is true, one day a new currency will be better overall and people will drop bitcoin to 1k a piece where it belongs

>> No.25450862
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25450862

>>25450799
You seem to be a hater and the best fuel for hate like that is to live a respectful, happy succesful healthy life so I'm gonna try to do that champ.

>>25450803
Production cost is about $16000. I haven't bought any in this current range we are at or even close to it.

>> No.25450885

what is this, the labor theory of value? if it takes eight hours of work and $200 worth of food and laxatives to produce poop, it’s still poop

>> No.25451276
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25451276

>>25450885
Even excrement has value as fertilizer. Your logical flaw however showing how much of an idiot you are is that the same fertilizer could be produces for a fraction of the price. For comparison, if a Bitcoin miner has an electricity bill that is 100x higher than the standard, would that make his Bitcoin 100x higher? No, it wouldn't, he would lose money, faggot.

>> No.25451332

>>25450765
WORK is unimpressive to me. I'm american

>> No.25451361
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25451361

>>25450765
ETH is running to 2k smell ya later loser!

>> No.25451434
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25451434

>cost of production justifies value

>> No.25451984
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25451984

>>25451434
Well the stock to flow model has been holding for 10 years. I would say in this case yes.

>> No.25452415

>>25451434
in case of a currency, yes, it is a part of its value.