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/biz/ - Business & Finance

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52662503 No.52662503 [Reply] [Original]

Why do so many people on /biz/ shit on Bitcoin?

>> No.52662510

>>52662503
It's not just bitcoin. It's all shitcoins because they're shit.

>> No.52662516

>>52662510
Ok first answer is boomers good to know

>> No.52662517

>>52662503
Because it’s going to ziggity ziggity zero

>> No.52662527

Because Bitcoin's loudest holders are fucking assholes and shill shit like nexo and blockfi while trying to suck off the SEC to shut down coins they don't like

I don't dislike Bitcoin itself

>> No.52662538

>>52662517
>>52662527
More boomers ok
I’m seeing a patter here

>> No.52662540

>>52662503
be coz its ded.

>> No.52662549
File: 3.13 MB, 1163x2048, ETHER.png [View same] [iqdb] [saucenao] [google]
52662549

>>52662527
based eth holder!

>> No.52662756

>>52662503
Desperate to shill their shitty moon shot shitcoins because they know they missed the boat on absurd bluechip gains

>> No.52662811

>>52662503
Because /biz/ shat on Bitcoin 2009-2016 calling it a scam, got wrecked in 2017, got wrecked in the bocksize wars.
/biz/ are fucking seething that they now have to buy BTC at five digits and just want to double down and buy shitcoins to turn back the clock to try and prove to themselves that they aren't retards when in reality they are.

>> No.52662824

>>52662756
1 Bitcoin will unironically be worth $1000000 in 5 years tho

>> No.52662871

>>52662503
Takes a while to go through the process


BTC -> altcoins -> BTC

>> No.52662894

>>52662503
Lower returns than ETH which is arguably equally as robust.
Besides that it’s probably because of all the legit street shitters that come here to shill their scam coin.
Indian IPs should be range banned

>> No.52662917
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52662917

>>52662503
BTC haters don't understand that the algorithmic creation of the currency is necessary, or you'll just end up with exact same situation the central banks brought us into. Using a utility (electricity) to build the network & create new coins is a great idea, it makes it decentralized. Lots of people forget that blockchain/tokens don't bring that security & the supply can be changed or moved to another coin as the project is centralized. This centralization is just leading us back to the central banks. ETH can & has removed transactions from the blockchain. How can it do that? Cause its controlled by a centralized group.

>> No.52662920

>>52662824
I mean ... maybe. Don't think many people are willing to bet on that rn

>> No.52662928

>>52662824
Pffft, lmao. Good one bruno

>> No.52662991

>>52662917
Yeah fuck trustness and jp morgan, gary, fucking bald dickhead lubin, the eth "influencers" and the other kids, but I am still an eth maxi and flip btc!
But btc is the hardest asset after gold!

>> No.52663125

>>52662991
>eth maxi
ETH has SO much functionality that BTC will never have. Its just with the functionality, other (security) issues come along, such as centralization.
The whole you can't unstake your coins thing is just poor. Now people have to wait (potentially forever) for this centralized team to do what they said.
I'd have preferred it they'd have just stared a completely new project.

Even PoW ETH was centralized as the blockchain is not immutable.
https://bitcoinist.com/ethereum-network-not-rolled-back-after-dao-hack/

Was this done for a 'good' reason, sure. It shows that blockchain can & has been changed.

>> No.52663242

>>52662824
Wow, it's so easy to make money in this world

>> No.52663307
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52663307

>>52662811
>>52662917
/THREAD