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/biz/ - Business & Finance


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File: 41 KB, 640x640, bitcoin-910307_640.png [View same] [iqdb] [saucenao] [google]
11563960 No.11563960 [Reply] [Original]

Why would someone pay 6000$ for some stupid bit and bytes on a hard drive.
This isn't even a usefull software or something

Just let that sink for a moment in what you're actually buying

>> No.11563969

>>11563960
what does it matter, if enough people believe it's worth something I can profit from it.

>> No.11563973

>>11563960
Yeah. I am buying cryptocurrency made up of 0s and 1s. Amazing.
Moron

>> No.11563982

anon... nobody here is actually buying BTC post 2016. it's a trap for normalfags. /biz/ is all in eth

>> No.11564005

>>11563960
Why would someone exchange real goods and services for bits of paper

>> No.11564007

>>11563982
>buying a premined, nocapped, centralized scam
lmfao. kys deluded newfag.

>> No.11564012

>>11563969
They will soon relise that these type of cryptos have no value because there is an possible endless amount of crypto out there
It's like buying air

>> No.11564014
File: 13 KB, 177x320, bibiwilhailm.jpg [View same] [iqdb] [saucenao] [google]
11564014

>>11563960
I'll buy into a ponziesque type of scheme just for the chance to get sweet gains nigga. I've been broke before so if I lose my money then I don't care.

>> No.11564028

>>11564012
May I remind you that people buy bottled water and even cans of air even in places where its 100% free and healthy?

It doesn't matter what the product is. It's what people believe it is.

>> No.11564029

>>11563982
Name one store where you can buy with eth

>> No.11564031

>>11563960
So they can buy a bunch of cardano

>> No.11564037

>>11564005
Because not everyone can create new paper, there are rules for this.

There aren't rules for how many cryptocurrencies are being created

>> No.11564148

>>11564037
the free market is deciding which projects are shit and which are not. if you weren't a braindead ultra-low IQ NPC you might have a chance at understanding this.

>> No.11564450

>>11564148
This anon gets it

>> No.11564836

>>11563960
It’s a $6000 guaranteed lottery ticket.

>> No.11564850

>>11564148
the market will decide all crypto is shit

>> No.11564901

>>11563960
Why would someone pay one dollar worth of gold for some cotton that tells you someone somewhere might be storing it's value worth in gold.
This cotton isn't even usefull or edible or something.
Let that sink in a moment, that you bought into a ponzi.

>> No.11564926
File: 3.80 MB, 1453x9999, BTCfuture.png [View same] [iqdb] [saucenao] [google]
11564926

>> No.11564933

>>11564850
This.

>> No.11564934
File: 399 KB, 640x360, boomersBTFO.png [View same] [iqdb] [saucenao] [google]
11564934

>>11564012
>raising supply of X raises supply of Y

>> No.11564940
File: 50 KB, 627x375, howsustainableisthis.jpg [View same] [iqdb] [saucenao] [google]
11564940

>>11564037
lmao

>> No.11564952 [DELETED] 

>>11564940
Inflation has brought prosperity. This is hardly debatable.

>> No.11564964
File: 570 KB, 480x360, 3P1m2U9.gif [View same] [iqdb] [saucenao] [google]
11564964

>>11564901
>This cotton isn't even usefull or edible or something

>> No.11564986

>>11564901
A symbol made in cotton of a token emitted by the most powerful country in the world as a form of common currency.

>> No.11564989

>>11564952
>prosperity
Back in the day you could buy a house by door to door selling soap or some shit. Now you work 40+ hours a week to afford a lifetime loan for a 2 by 2 shack. Funny how low IQ people define terms. Kek.

>> No.11564994

>>11564901
1 ruble has been added into your account

>> No.11564996 [DELETED] 

>>11564986
Anonymous (ID: e2sfV3ek) 10/29/18(Mon)15:41:47 No.11564952▶

>>11564940
Inflation has brought prosperity. This is hardly debatable.

Nice deleting your retarded reply you braindead npc.

>> No.11565022

> Anonymous (ID: e2sfV3ek) 10/29/18(Mon)15:41:47 No.11564952▶

> >>11564940
> Inflation has brought prosperity. This is hardly debatable.

>>11564986
Nice deleting that retarded reply above you braindead npc.

>> No.11565035

>the year is 2025
>the ethereum network and its smart contracts operate the entire global financial system
>one ETH is worth $8.6 million
>you are broke, destitute, suicidal
>you remeber that day in october 2018 when the final dip below $200 happened and instead of buying, you made edgy shitposts on a Guatemalan chinchilla grooming enthusiasts imageboard

>> No.11565053

>>11565035
1 ruble has been added into your account

>> No.11565055
File: 190 KB, 661x394, TraitsOfMoney.png [View same] [iqdb] [saucenao] [google]
11565055

>>11564952
>what is la Belle Époque
Even countries like Switzerland got fucked up after abandoning hard money. Look at unemployment rates.

Easy to "bring prosperity" when you don't to deal with actual sound accounting. All we've done is live in a mirage of retarded overconsumption and overproduction leading to infinite unpayable debt with presidents kicking can down road so they don't have to deal with it. Not acknowleding this is coping to sleep better at night.

You may want to study John Nash's Ideal Money to understand the fact that Bitcoin already won. Otherwise good luck with your financial goals in 2019.

>> No.11565065

>>11565055
>Otherwise good luck with your financial goals in 2019.
thank you, i will have a lot of ''luck'' by not wasting my fiat on crypto

>> No.11565070
File: 66 KB, 600x750, 1h8YFCR.jpg [View same] [iqdb] [saucenao] [google]
11565070

>>11565035
+1

>> No.11565184

>>11564029
>he fell for the take words literally meme
bet you also think smart contracts mean pieces of paper that are very, very intelligent

>> No.11565205
File: 89 KB, 1253x960, 1539368305591.jpg [View same] [iqdb] [saucenao] [google]
11565205

>>11565184
smart contracts will change the world

>> No.11565285

>>11564850
Bullish

>> No.11565318

Can't wait for the next halvening, I'll let you count my spokes :)

>> No.11565344

>>11564037

It's literally easier to print your own money than to create a new crypto.

>> No.11565354

At least tulips look nice

>> No.11565448
File: 3.20 MB, 2951x9999, nocoiners dead.jpg [View same] [iqdb] [saucenao] [google]
11565448

>>11565065
*snap*