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/biz/ - Business & Finance

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12620476 No.12620476 [Reply] [Original]

Why someone should pay $3429.23 for 1 BTC?

>> No.12620487

>>12620476
supply and demand retard

>> No.12620495

>>12620487
still way too expensive.

>> No.12620505

Imagine paying 3k for a virtual piece of shit that you use to gamble money with. You’re better off buying a runescape party hat because at least that has some sort of artistic value and guaranteed to increase in price due to rarity

>> No.12620508

>>12620487
Of course scarcity is a good point for the long term, but what demand?
There is literally zero buy pressure at this price.

>> No.12620514

>>12620476
to store value in a decentralized globally accesible payment solution network... it might even be a good idea since the value of such asset compared to fiat could raise exponentially due to the deflationary nature

>> No.12620543
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12620543

>>12620476
Gotta keep the ponzi going someway anon!

>> No.12620574

Cuz it’s going to 20k soon

>> No.12620587

>>12620508
no buy pressure right now not ever. Dont forget retards took us to 20k and they will take us to 100k in 4 years during news bullrun.

>> No.12620613

>>12620574
not for a long time, i'm afraid, anon. it will get there, but there's a rough road ahead...we can't even sustain 3500...think about that.

>> No.12620629

>>12620587
Yeah, maybe, but the question was why should someone pay that price now.

This $3k zone reminds me of the "unbreakable" $6k zone.

>> No.12620644

>>12620505
if you want a rare digital artistic asset you should buy blockchain certified rare pepes

>> No.12620833

>>12620476
Cause some people in the world have billions of money they need to move away from govs and there is no other way. You asked , I answered, ie its cheap now. The world isn't full of losers like you...

>> No.12620851

No one will be able to give you an answer that actually supports why it should be 3.5k

>> No.12620864

Because in a month maybe you can sell it to some retard for $3800.

>> No.12620868

>>12620476
Because there are hard times coming retard. 50% of the world economy is fake and only there to keep people employed. Also theres been a global uprising against the Jewish Cabal, not sure you noticed in the past 3 years. FIAT is coming to an end and they will pull the rug under us, because they own 70% of the wealth and are not in it for money anymore.

>> No.12620876

>>12620476
Store of value

>> No.12620881

>>12620868
So basically buying crypto is now the equivalent of buying silver/gold bullion and waiting for society to collapse. Great...

>> No.12620893

The only reason anyone ever would is so they can to sell it to a greater fool for more money.

End of thread. Everyone go home.

>> No.12620910

>>12620881
Hahaha

>> No.12620925

Because they want btc and that's how much it's going for. Did you just learn that things have value today or what? This is a retard tier question. Use Google and look up the big words you don't understand in the dictionary.

>> No.12620997

>>12620925
>value
You keep using that word...
1) relative value= $0 because zero application (unless you are valuing based on an equal or greater fool buying your bags)
2) Intrinsic value= $0 (possibly negative due to electricity/ mining costs and inconvenience)
3) speculative value= (see point 1, but: with no application, exchange value because they can't be spent, or future growth/profitability fundamentals you're not investing; you're gambling on someone dumber than you paying more for magic beans)

>> No.12620999

>>12620476
BECAUSE ITS GOING TO 100K SOON
30 BILLION BUY ORDER

>> No.12621052

$3500 for a lifetime insurance policy against inflation, societal collapse and global fiat implosion? I'll take one please.

>> No.12621078

>>12621052
>>12621052
>$3500...
Better invested in canned goods, if that's your only value proposition; then, you can trade as much food as you like for pretend internet money, assuming you have the internet access, electricity, and guns to do so.

>> No.12621112

>>12621078
good luck surviving on honey you little bitch ass kike

>> No.12621278

>>12621112
You ain't going to survive the apocalypse with an iq like that... I'll hire you for 1 can of spam and 2 cans of sweet corn per day to power my hamster wheel electricity generator, so I can sell the good food to slightly smarter tards than you for your precious bitcoin. You also have to let me bang your daughters...

>> No.12621300

>>12620476
Girls do know taking pics like this signals “look how many dicks I can fit in my mout teehee!” Right? They don’t think it’s being cute and silly like the pretend to right?

>> No.12621328

>>12620925
Who's they?

>> No.12621332
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12621332

The question would have been: Why is Bitcoin still under $trillions for a marketcap.

>> No.12621343

>>12621332
shitskins don't deserve gold anyway, just like they don't deserve bitcoin

>> No.12621345
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12621345

>>12620613
>we
there's no we

Also fiat valuations don't matter. Price supression by jews can last for so long. Maddofs don't last forever. Bitcoin is going to $infinite as long as fiat has infinite supply backed by infinite debt.

>> No.12621541

This thread is great. The shills are still desperately trying to convince people otherwise that we’ll see 100k+ soon.

Don’t forget lads, you’ll only need 1 Bitcoin. Just a single one. It’s not hard and at these prices you’re stealing them. Jews are shooting themselves in the foot by manipulating the price here to “shake out” weak hands and so they can write a few more articles to generate ad revenue about how it’s going to “zero”. This scripted movie gets better by the day. At least it’s good entertainment.

Btw that 30bl buy order is not a meme. We really will see 100k very soon.

>> No.12621621
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12621621

Because you want to support these jews & globalist assholes.

>> No.12621838
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12621838

>>12621541

>tfw only .34 btc

>> No.12621847

>>12621621
This fake photo again

>> No.12621873

>>12621621
>muh anti-globalism

Rome didn't become as powerful as it did by having all of their soldier stay in Italy. Like it or not what happens in the world matters, and having footholds all over the world is what makes us so powerful

>> No.12621876

>>12620476
because they still need to use an antiquated middleman currency to buy a grip of LINK?

>> No.12622362

>>12620476
Because it's going to $100k.

>> No.12622458
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12622458

>>12620476
Because the GOVT is a lie and money is a SCAM! Nothing is real, Burn the churches and rape everyone in OLD FOLKS HOMES!

>> No.12622469

>>12620487
the demand is shrinking

see you at $1k

>> No.12623573

>>12620514
stfu you stoopid pseudo intellectual troglodyte

>>12620613
3500 rn cuck

>> No.12623765

>>12620476
Normie see, normie do. It's not rocket surgery

>> No.12623917

>>12623765
>rocket surgery

>> No.12624072

>>12620476
That's a God damn seasoned roastie right there. Absolutely grotesque.

>> No.12624641

>>12620997
Topkek bait

>> No.12624886
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12624886

>>12620476
there's absolutely no reason when you can get 53.5 BSV for the same amount

>> No.12625114
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12625114

>>12623765
its not rocket appliances

>> No.12625276

>>12624641
In what way? It seems legit.

>> No.12625593

Apparently there will never be enough bitcoins for every U.S millionaire to have just one each. Price suppression and fud or (((theyre))) btfo eternally

>> No.12625781

>>12625593
Same with RuneScape party hats

>> No.12625800

>>12620476

Go buy ripple then brainlet normie. This is exactly the language they use

>> No.12625867

>>12620476
To transfer money around or purchase illicit things to flip for more cash. You dont buy and just hold that would be retarded.

>> No.12626166
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12626166

You follow Satoshi's design

>> No.12626177

>>12625781
DELET

>> No.12626184

>>12620587
>4 years
Next halving is in May 2020 dumb fuck.

>> No.12626232

>>12625800
And the funny thing is, they are the ones who will make it this year, while you're holding bags upon bags of copy paste 5 sat shitcoins on some chink exchange.

>> No.12626243
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12626243

>>12626232
>making it with ripple in two thousand nineteen

>> No.12626291
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12626291

>>12620476
They shouldn't, it's an inflated asset. It's going to continue to drop until Tether either destroys the credibility of crypto completely or Bitcoin's implosion takes the rest of the market down with it.

Either way, it's ogre.

>> No.12626295
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12626295

>> No.12626337

Whats with all the dooms day shilling. The world wont just end. The hope is to transition to a more stable and free world society. Stop being silly /biz/

>> No.12626807

>>12620476
depends on networth risk tollerence knowledge on the stock market etc it is not a science it is neither a good or bad decision based on a coinflip all you have to be is right 52% of the time to be a winner in stocks

>> No.12626852

>>12625781
yo what the fuck you absolute mong, delete this immediately I am still accumulating

>> No.12626919

>>12620476
because decimals exist

>> No.12627013

>>12620476
it's a scam that most everyone knows about by now, all the bagholders are just employing all sorts of defense mechanisms so they won't feel stupid and blow their brains out for being part of a scam

>> No.12627021

>>12620997
upvoted and plused one

>> No.12627030

>>12620476
Because I paid $3,500. It's only fair.

>> No.12627376

>>12620476
The supply will limit itself as time goes on, unlike USD. If someone is willing to pay 20k per bitcoin, I believe they will pay 40k. This is a trustable asset that you can send to anyone on the planet and its permanent as long as the network exists. Its been around 10 years already. It will always be more than 1 USD for sure. It is the backbone of cryptocurrency trading. Its worth buying no matter what.

>> No.12627383

https://pastebin.com/ZUxTmR99

>> No.12627752

>>12620476
because someone else is willing to pay 3429.22 for it

>> No.12627969

>>12621621

Go to bed, Roger.

>> No.12628135

>>12620476
The best crypto investment is between $1 and $5... 10 years ago. :(