[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 41 KB, 500x500, AD9DBA5F-2F4E-447B-89E2-08F0DD673AC2.jpg [View same] [iqdb] [saucenao] [google]
9380700 No.9380700 [Reply] [Original]

You (we) are paying thousand of dollars for 0s and 1s with 0 real use case.

The price is only backed by the the greatest fool theory and we’re running out of fools or better, we’re the fools.

>> No.9380708

>>9380700
Except IOTA and possibily XLM I would tend to agree.
Doesn't mean you can't make a whole bunch of money though.

>> No.9380739
File: 81 KB, 378x357, 1518164420405.png [View same] [iqdb] [saucenao] [google]
9380739

>>9380708
>expect IOTA and XLM

>> No.9380747

>>9380700
You are. I'm researching startups and decentralized orgs and betting on their ingenuity.

>> No.9380754
File: 869 KB, 986x797, 1525998955829.png [View same] [iqdb] [saucenao] [google]
9380754

>>9380708
>iota and xlm

>> No.9380764

>>9380700
The universe is 0s and 1s unfolding in a specific algorithm, what's your point?
Just these 0s and 1s are something that everyone can agree upon.

>> No.9380767
File: 247 KB, 638x359, 1496898011448.png [View same] [iqdb] [saucenao] [google]
9380767

>>9380739
>expect

>> No.9380794

>>9380708
What's your predictions for IOAT? Can we expect x10 EOY?

>> No.9381199

>>9380764
Sure, but you don’t pay them 8-9-10k.

>> No.9381690

>>9380794
x1000 with sex robots

>> No.9381747

>>9380700
Yeah I'm sure crypto has no value when it provides finance to starving Venezuelans or from dodging tax

>> No.9381890
File: 91 KB, 750x500, JohnnyMnemonic.jpg [View same] [iqdb] [saucenao] [google]
9381890

>>9380700
Nigger fuck you.

You are paying precious hours of your finite life laboring to make other men richer in exchange for ones and zeros in a central bank ledger.

The money in your wallet is a 25 percent paper 75 percent synthetic cotton blend.

Nothing has inherent value. All financial instruments are a stake in a wider enterprise, whether that's all the global economic activity meditated by the mining and trading of gold as it used to be prior to the Nixon shock, or the global economic activity mediated by the warmongering, brinksmamship, proxy wars and bluffing of the nuclear powers since then.

We are simply moving into a new paradigm, where the instrument that mediates global economic activity will be one which all significant economic actors hold and manage a direct stake in. And these instruments are that stake. This is much more efficient than risking nuclear war and wasting all that energy and time on political nonsense. In the future, political authority will mean absolutely nothing. The anarchocapitalist world beckons, and these are the times where the initial distribution of stake in that global free market economy is established.

Ignore it at your motherfucking peril. Master and manipulate it to your utmost advantage.
t.redditspacing for dramatic effect.

>> No.9382339

>tfw was throwing around 10k at a time and have never even held that much cash

Eh who cares life's short

>> No.9382371

>>9380700
i agree most coins are useless., few survive like ETH,EOS, HOLO,LINK..

>> No.9382393

>>9380794
Minimum $100 EOY.
Don't listen to these fudding faggots.

Name 1, just 1, more crypto with more concrete corporate partnerships, and a potential use case.

>> No.9382400
File: 80 KB, 645x729, 1518570517747.png [View same] [iqdb] [saucenao] [google]
9382400

>>9380700

My IQ is 119 and I'm still buying so there are still plenty of retards for me to sell to.

>> No.9382523

>>9381890
>ones and zeros in a central bank ledger.
Remember when you cashed out 100k from crypto and felt like you were "securing profits"? That day 560 million new physical paper dollars were printed and far far more digital dollars were artificially created by banks. Zero new bitcoins were minted that day, most likely a bunch were lost forever.

If the traditional currency markets were open like crypto and everyone saw the reality of the situation no one would ever buy USD. It is the most successful scam in history that only works because America managed to dominate pop media.

>> No.9382552
File: 45 KB, 687x687, 1518982015745.jpg [View same] [iqdb] [saucenao] [google]
9382552

>>9382523
Preaching to the choir here man.

>> No.9382987
File: 73 KB, 600x874, 1466313973233.jpg [View same] [iqdb] [saucenao] [google]
9382987

>>9380708

>> No.9383026

LOL I locked my 100 BTC at 19500 American dollars.

>> No.9383034
File: 2 KB, 124x82, 1526048805343s.jpg [View same] [iqdb] [saucenao] [google]
9383034

>>9382371
>>9382371
>i agree most coins are useless., few survive like ETH,EOS, HOLO,LINK..
this

>> No.9383111
File: 55 KB, 294x313, 762.jpg [View same] [iqdb] [saucenao] [google]
9383111

>>9380700

>0 real use case

https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/

Bitch I brought a a new PC with my bitshekels Even my local gaming store has started accepting bitcoin.

KYS Faggot this ain't even good FUD