/biz/ - Business & Finance

>>7591045
I hope their coin miners burst into flames. Greedy, lazy degenerates.

Hopefully they'll make it illegal then

>>7591047
And while they're at it, make video games illegal too. What a waste of fucking energy

>>7591048
The Switch uses under a 20 watts though.

>>7591049
>tfw you could literally power a switch with a foldable solar panel on a sunny day

Will the price of graohics cards ever go back down? I wanted to build my first PC.

>>7591045
Prediction:
>Iceland passes legislation to limit bitcoin mining to "sustainable levels," probably based on an electrical allocation limit per-business
>And then nothing else really changes
Also, Cryptocurrencies were a mistake.

>>7591045
They won't.
Unironically

>>7591051
Can't wait for bitcoin to continue crashing and being able to get a 1080 for $200 on ebay.

>>7591054
>wanting one after a miner has been using it

>>7591055
there'll be tons of unused ones from miners desperately trying to get their bucks back

>>7591045
fucking nocoiners! stay poor

>>7591054
Assuming you're talking new cards, they can't go below their old price because of their implicit use for vidyagamen.

>>7591045
NOT VIDEO GAMES

https://gizmodo.com/russian-engineers-arrested-for-using-nuclear-weapons-fa-1822865348

Who /nukecoin/ here?

>>7591045
>Donald blumpft dident sign the Paris Accord he's litterly hitler. He is single handedly going to melt the earth
> don't mind my crypto farm or weed farm that is proven to do more damage to the environment than any thing else

At this rate wouldn't the electric bill alone be far higher than the money you actually mine from this shit?

Nobody mentioned Trump retard. Fuck off.

At least once the stocks plummet, Hans and Axel will be able to make us of it.

Oh why do I even bother, /v/ has never read a book in their lives.

>>7591061
What point are you trying to make? Cryptocurrency is a libertarian fad, not a liberal one.

>>7591062
Most Miners, now after the recent crashes, are mined in the assumption they'll rebound.

I genuinely don't understand cryptocurrency.

So some guy made a program that makes fake coins, who people decided had some kind of value, which are now a thing because fuck you?

>>7591045
I still don't understand how you generate a currency, and who the heck made it a thing. I've even seen a couple of local small stores with "we accept bitcoin" signs

>>7591054
Or you could just buy a bitcoin and get a 1080ti with the profits , fyi free money = free games

>>7591067
Basically yeah. Just like all currencies. Only difference is fiat has a gun pointed to you.

>>7591057

>>7591057

>>7591070
>just like all currencies
No nigger. Currency is the evolved form of bartering.

I don't understand how people running server farms creating numbers that turbo-autists give back and forth to each other is the same thing.

>>7591074
Let me amend his post for you.
just like all modern currencies*
Is there anyone still on the gold standard?

>>7591069
>dude guaranteed profit lmao :)
Except crypto is a closed ecosystem that doesn't generate revenue by itself, so someone must lose on coins for someone else to earn.

MUH 42 COIN

>>7591069
>just buy into my ponzi scheme, my dudes

>>7591074
gold was used as a currency because it was rare
bitcoins are basically the same thing, they take loads of calculations to find and there's a limited amount of time

>>7591068
same principal with paper money, it is something with a value which can be traded for goods..

difference with crypto currency is that not the authorities (federal reserve, central banks) are regulating the money flow, it is the decentralized proof of work done by millions of GPU/CPUs

>>7591077
Forgot image.

>>7591074
Same way people decide what Modern Art is valuable and which isn't.

>>7591078
Just keep paying taxes, my goy. Fund my niggernomics.

>>7591074
It's easy to forget that paper money is the exact same thing when you live in a stable country. Plus when the country implodes, your money becoming worthless is really the least of your immediate troubles.

>>7591072
Sauce?

>>7591076
Well that’s why I did while you cry for prices I got a hybrid 1080ti with profits in 1 day.

>>7591080
Yeah but... what's the value when most people and businesses don't even know what bitcoin is, let alone accept it? Do the private "investors" just hope that by generation enough shit it'll sooner or later be accepted by a bigger audience? Do they expect to be able to feed their families with it? Can they even keep up since the process seems to burn so many resources

>>7591086
Sure thing kiddo

>>7591087
the only reason bitcoin has any value in the first place is that some people believe in it

>>7591087
It's used to launder money and buy drugs, nothing more.

>>7591089
Sure, but I'm saying it comes off as the Ouya of finances right now

>>7591085
Real life

>Cryptocurrencies are bad and must be banned!!!

>>7591091
I dont disagree

Why do crypto investors so often act like goddamn cultists?

>>7591060
>Trying to connect a secret super-computer to the internet just to mine coins
Holy shit they should be arrested for treason and spying, what a bunch of morons

>>7591095
how else will they find suckers to give them money?

>>7591093
>>>/pol/

>>7591093
>M-MOMMY, IT'S GOING DOWN AGAIN, I-I'M GONNA MAKE IT MOMMY, M-MUH LAMBO

>>7591093
>he thinks jews aren't going full power on crypto
banks are literally implementing crypto to make transaction easier and because the government can't do shit about it (yet)
they are also stealing millions by tricking people who don't know shit about cryptocurrencies

>>7591096
Can't really blame poor bastards to try and do something to not starve to death.

How is cryptocurrency determined in value anyhow? It's also odd to me that something that isn't tax-able is considered a valid currency. Not that doesn't sound great, but realistically how can it be legal?

>>7591045
Fucking cryptocancer.

>>7591101
>Working for goverment on super secret facility
>Starving
>>7591102
Supply and Demand, economics 101

>>7591102
It's going to be taxable soon in The US.

>>7591102
It's not illegal by the virtue of being new and not understood by governments.

>>7591098
>>7591099

Shhh, nocoiner pajeets.

>>7591100

The kike can't use crypto in its schemes because it can't speculate with them. That's why the ZOG is so afraid of decentralized currencies they can't control.

The transaction fee bullshit only applies to Bitcoin. It's the most popular, but by far not the only crypto out there.

>>7591104
>Russian
>not starving

Who's ready for 9000?

>>7591107
So why exactly do you blame Jews for all the world's problems? Why do you think they're some all-consuming, cosmic, evil entity?

>>7591110
To learn who rules over you, simply find out who you're not allowed to criticize.

>>7591106
>not understood by governments
>de gubberment is stoopid lol!
Are you literally 12 years old?

>>7591110
Because /pol/ told me that, and /pol/ is red pilled as fuck bro.

>>7591111
I heard that famous quote too! You, sir, are a gentleman and a scholar *tips hat respectfully*

>>7591112
No, but you seem to be. Democratic government by its nature moves at a snail's pace and it's not weird in the slightest that it's only now starting react to a very young market trend.

>>7591110
Because they're literally the master race, and the untermensch will forever be envious.

>>7591111
People shit on them all the time, the fuck are you talking about? I also hear people say thwy're pushing all the liberal ideology but why would they push something like LGBT shit if it's against their religion?

>>7591108
xd epic

>>7591107
banks across the globe are implementing crypto because it is easier to manage their big ass transactions.they are also already thinking about using it for when the fucking bubble burst again. Ike The Kike knows how to fuck with it too. the moment that shit starts getting implemented for commom use because the noone will want to use bills they will get hold of it

>>7591111
So, cops, churches, the one percent and Trump supporters? Always seems people who criticize them are demonized as ivory tower elitists.

>>7591115
Doesn't mean they don't understand the concept, as the earlier post was implying. The government consists of more than le Dlumpf man and often employs some of the most competent people in any given country.

>>7591112
Are you? Do you seriously think that over 50 politicians are constantly up to date with shitty internet fades?

>>7591110

>Why do you think they're some all-consuming, cosmic, evil entity?

Ah, loaded questions right off the bat. I'd expect no less from a brainlet libshit. But okay.

The kike has been expunged from countless European countries throughout the millennia for usury, degenerating the community, shaving bits of gold off coins, poisoning wells, etc.

There's a reason they were supposed to wear identifying yellow pointed hats in the middle ages.

>>7591112
yeah man the 80 year old cancer patientss and boomers in congress are fucking brilliant, they're only pretending to be retarded

>>7591120
All those things get attacked constantly by nearly all media outlets.

>>7591122
Do you seriously think that elected people are the only people who work foe the government? Even if they were the ones who ultimately make decisions, they always consult with experts who actually do the material thinking and planning.

>>7591121
Guess what, "le Dlumpf men" are the ones who decide what things have priority and what things get ignored.

>>7591123
What's your source for these claims? Also, not hating Jews makes you a liberal now?

>>7591126
>Even if they were the ones who ultimately make decisions
Yeah, and that's what actually matters.

>>7591127
Trump has very lityle influence, his own party hates him because he's fucking up their status qoue.

>>7591130
Except they don't make those decisions independently. They are glorified rubber stamps of acceptance for the people who actually work on this stuff.

>>7591051

>>7591129

Here's a quick rundown.

Oy vey, pic related literally looks like anuda shoah. You can see from color of the smoke its chosen people burning!

I wanted to upgrade my computer but current GPU prices make it a nightmare, how long until the bubble bursts? Will it ever?

>>7591045
What does this matter? When you use more energy you get a higher power bill, sure, but so what? Is there LESS energy to go around then? That doesn't make any sense

>>7591121
>and often employs some of the most competent people in any given country.

jesus christ the boomerposters made it all the way to /v/

>>7591129

And yeah, there are only two possible opinions on kikes and the ZOG - you either hate them or have been brainwashed to love them against your own interests.

>>7591133
>niggers are getting rich off cryptos
>OY VEY SHUT IT DOWN THEY'RE ESCAPING OUR WELFARE PLANTATIONS

wake up, africa

>>7591131
>this retard.
We were talking about over 50 politicians in general, the plural was in that post for a specific reason, you know.

>>7591132
>Except they don't make those decisions independently.
You are right they are actually just slaves of their own staff, especially of the youngest and most irrelevant members men that actually know how internet fades work. Just stop trying to save face.

>>7591054
Here's your 1080 bro.

>>7591134
Where's that paragraph at the top from? That doesn't seem biased at all.

>>7591129
Not that anon, he's not completely bullshitting, the stereotype of the greedy and sneaky jew basically started in medieval times when the first banks were basically just getting started and, since the church decided to brand usury as anti-christian, jews and non-christians in general ended up taking advantage of that. Historically speaking the hate against jews isn't something Hitler or /pol/ made up out of a whim

Of course there's still a difference between learning that and believing in modern conspiracy theories

>>7591083
Taxes at least pays for roads

>>7591056
keep telling yourself that, moron

>>7591143

https://archive.org/stream/TheEdictOfExpulsionOf1290/The+Edict+of+Expulsion+of+1290%2C+expelling+the+Jews+from+England_djvu.txt

Not the exact source, but coin clipping, among other kikery, was a blight on England.

>>7591059
Technically it is. It is affecting the prices of our equipment.

Bitcoin is such a dumb fucking investment. It's literally, unironically NOTHING. It's not a currency, it will never be used as a currency. Pet Rocks were a better idea because at least those were actual things.

?
videogames?

>>7591149
Money is paper

>>7591045
Doge coin just goes to show how stupid the whole system is. It is doomed for collapse as soon as governments start to realize what it is doing to the economy.

>>7591149
Most money is nothing. The American dollar isn't even backed by gold anymore. Even gold itself can have the same effect as cryptocurrency. The only difference is that it has history, and also it is a finite material. It is what makes bitcoin able to sustain itself. Try to be realistic about your interpretation.

>>7591151
Pretty much in simple terms here.

>>7591110
oh boy...

>>7591144
>started in medieval times
>since the church decided
Goes back much further than that anon. Points for trying though

>>7591149
I am into crypto but even I don't believe in most if it's meme however you're retarded to not try and get mad gainz out of it. $100 turn into $1k in less than 6 months.. Even hyip, pyramid and ponzi don't achieve that.
>>7591152
>dogecoin
This is literally one of the most stable coins out there. There are far more examples if you want to show how stupid it is.

>>7591045
go ahead
explain bitcoin to your parents

>>7591045
>At what point does it become too much, and governments start taking active measures against cryptoparasites?
never
they collect 15-40% taxes on crypto sales
rich crypto miners have the money, gamer NEETs don't
follow the money~

>>7591155
>>406573864
The only reason it is stable is because the person who controls it does it in a way where it seems to balance out what everyone has. Let me ask, what have you purchased with your cryptocurrency?

>>7591098

>>7591110

>>7591145
I always hear this meme but all the roads I see are absolute shit. Where the fuck is any tax money being spent on roads and not niggers?

>>7591110
Lack of class consciousness. All the complaints you hear about "Jews" are really just complaints about the upper class, whether they realize it or not.

>>7591054
Even if bitcoin were to keep crashing, they don't mine bitcoin with GPU's
They mine ethereum and other alts that can't be asic mined.

>>7591144

Imagine if banks were never allowed to gain any power whatsoever. We'd be living in a paradise.

>>7591046
Fucking manchild, stop crying about your beloved vidya, grow some Balls and start making money

>>7591120
>Trump supporters

Man, they get criticized all the time. Who doesn't get criticism. You have to go after the people who tell you who not to criticize.

>>7591339
Come to Jersey and you will see how shitty it is. All the taxes go to pay for Paterson which is filled with shitty people and homeless drug addicts. It is sad that the liberal agenda only leads to destruction.

>>7591402
So who would gain the power in your imaginary paradise?

>>7591385
Truth. Yet, some Jews at the top don't shut the fuck up about how Jews are supposed to inherit the world or some gay bullshit. God damn Zionism.

>>7591449
This thread started in /v/idya dude. Mod moved us here. So what do you mine and what have you bought with your "money".

>>7591045
>At what point does it become too much, and governments start taking active measures against cryptoparasites?

Hopefully after eth switches to full proof of stake

>>7591062
lol i'm laughing my ass off at them. Honestly it's just an autistic hobby. If they really think they can make it with just mining in this day and age they are retarded. If you would have spent the 10k on crypto and held it OR traded it, you would have made it by now. Miners are faggots

imagine using 1/10 of the worlds power for retarded sha 256 calculators

>>7591051
How much money do they make with all that stuff?

>>7591934
about $140 a day assuming $.1 per kw/h

>>7591111
>who you're not allowed to criticize
So.... women, Muslims, Jews, trannies, fags and niggers...

>>7591046

And refrigeration. Fucking privilege.

>>7591083

Ngrs and welfare queens dont get as much as the military. Or wallmart.

>>7591110

They must have a week ideology if they're blaming other people rather than having a good idea.

>>7591134

WHY IS THIS SUDDENLY ABOUT JOOZ

FUCK OFF >>>/pol/

>>7591449
minister U sminem

>>7591075
no the globalist kikes make sure to kill anyone that tries to take their country off a fiat system (see Hitler, Gaddafi, Osama beanerladen, etc.) and then plant a central bank in the country with a money supply they control.

>>7592681
LEAVE YOU FUCKING FAGGOT

>>7591076
spastic