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File: 5 KB, 420x320, Bitcoin-Logo-PNG.png [View same] [iqdb] [saucenao] [google]

What's the point of this again? Anonymous Wed Feb 27 00:42:18 2019 No.12872988 [Reply] [Original]

>>	Anonymous Wed Feb 27 00:44:34 2019 No.12873000 >>12872988 Glorified lottery ticket

>>	Anonymous Wed Feb 27 00:46:06 2019 No.12873008 >>12872988 why the fuck is it worth $3800 is what im trying to figure out.

Anonymous Wed Feb 27 00:55:28 2019 No.12873048
File: 59 KB, 1019x640, -UsBC15zKsQ9B9QW6xPreb4rRpRrFMQRGcHHHeigLk8.png [View same] [iqdb] [saucenao] [google]

>>12873008
brainlets prefer getting raped by chinese whales and early adopter pedophiles over big banks or something. this is my main take away.

>>	Anonymous Wed Feb 27 01:29:51 2019 No.12873229 File: 52 KB, 640x360, 2014%2F03%2F07%2Fac%2FAP407286670.05997.png [View same] [iqdb] [saucenao] [google] >>12872988 To make Satoshi rich.

>>	Anonymous Wed Feb 27 01:30:30 2019 No.12873235 File: 309 KB, 1024x1024, IMG_20181022_182658_254.jpg [View same] [iqdb] [saucenao] [google] Value store and borderless transfer

>>	Anonymous Wed Feb 27 01:47:59 2019 No.12873321 >>12873000 Lol stay poor

>>	Anonymous Wed Feb 27 02:38:41 2019 No.12873522 >>12872988 Ponzi Sch- I mean "Store of Value"

Anonymous Wed Feb 27 02:43:40 2019 No.12873546
File: 50 KB, 1200x675, alexandria_ocasio-cortez_3.jpg [View same] [iqdb] [saucenao] [google]

>>12872988

It's like gold but you can get it across borders and socialists can't steal it from you.

https://www.nytimes.com/2019/02/23/opinion/sunday/venezuela-bitcoin-inflation-cryptocurrencies.html

>>	Anonymous Wed Feb 27 02:49:27 2019 No.12873570 >>12873546 at first I thought this was a photo of a horse until I clicked on the thumbnail and it enlarged...

Anonymous Wed Feb 27 03:01:07 2019 No.12873612
File: 193 KB, 2048x1154, bitcoin_lindy_effect.jpg [View same] [iqdb] [saucenao] [google]

>>12872988
Unconfiscatable, uninflatable store of value and uncensorable, permissionless, global settlement layer in the form of an open source protocol that can be extended by layers with different trade-offs, such as the Lightning Network.

>>	Anonymous Wed Feb 27 03:11:05 2019 No.12873664 File: 53 KB, 967x507, 8jEO9YLg_big.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Wed Feb 27 03:13:29 2019 No.12873676 >>12873612 Remember that the biggest winners during the gold rush were selling pickaxes.

Anonymous Wed Feb 27 03:20:40 2019 No.12873718

>>12873676
I don't know what gold rush has to do with bitcoin. In bitcoin the biggest winners are those who recognize it to be the only absolutely scarce store of value in the history humankind, purchase it for their reliably depreciating fiat and hold it until the peak of the next speculative cycle.

Tittkinson Wed Feb 27 03:21:38 2019 No.12873728
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>>12873008

yep basically that and scams - many scams in addition to manipulation by printing something with no value (stable-coins) ... >>12873048

bitcoin is worth nothing and never will be, its pure speculation which blew up mid 2017 approach peak interest and price manipulation by exchanges

nothing short of criminal but it stand to reason that gov agencies might be involved to wash/launder their slush funds (nsa)

fuck knows really, but personally i'm highly doubting the current gen of "crypto currencies" will go anywhere

trade stocks but be careful ... crash is on the horizon for real, when it will crypto scams will just further diminish in value as people scrounge to make ends meet

>>	Anonymous Wed Feb 27 03:22:32 2019 No.12873731 a meme internet token

>>	Anonymous Wed Feb 27 03:23:38 2019 No.12873739 >>12873612 >store of value retard, please

Tittkinson Wed Feb 27 03:29:50 2019 No.12873761
File: 10 KB, 261x197, 1483623064432.jpg [View same] [iqdb] [saucenao] [google]

>>12873718

thats because you're retarded mate ... how can you be remotely interested in this shit and not know?

specialized mining hardware ... entire mining farm operations, fueled by every silicon/chip manufacturer on the planet - AMD, NVIDEO

never mind the average joe retard buying 2 - 3 gpu's to mine shitcoin and spend insane amounts of electricity - benefiting their business as well

oh right the ico industry ... as well which is now a mere shadow of itself

Anonymous Wed Feb 27 03:30:25 2019 No.12873763
File: 13 KB, 306x306, 1439911025179.jpg [View same] [iqdb] [saucenao] [google]

>>12873739
Bitcoin yearly lows:
2012 – $4
2013 – $65
2014 – $200
2015 – $185
2016 – $365
2017 – $780
2018 – $3200

You are right, the value isn't just stored, it is appreciating as fuck because we are still super early and the stock to flow ratio is getting lower every 10 minutes.

>>	Anonymous [O1G] Wed Feb 27 03:32:30 2019 No.12873772 >>12873008 bitcoin is the only one trustless permissionless public ledger to date that is secure. that and supply and demand there is only ever 21 million coins for 9 billion people.

>>	Anonymous Wed Feb 27 03:35:52 2019 No.12873793 File: 153 KB, 720x1280, SKY HAZE.jpg [View same] [iqdb] [saucenao] [google] you use it to buy SKY

Anonymous Wed Feb 27 03:40:45 2019 No.12873826

>>12873761
Why would I as a retail investor be interested in selling mining equipment? None of the bitcoin ASICs are made by publicly traded companies, so I can't even invest in them and even if I could, they would appreciate less and with more risk than bitcoin itself.
As for NV and AMD, they are not relevant to bitcoin mining at all. It seems that you are the one who is retarded, mate.

Tittkinson Wed Feb 27 03:46:40 2019 No.12873870
File: 165 KB, 1000x432, 1551162956040.png [View same] [iqdb] [saucenao] [google]

>>12873826

> Why would I as a retail investor be interested in selling mining equipment?

jesus

> None of the bitcoin ASICs are made by publicly traded companies, so I can't even invest in them and even if I could, they would appreciate less and with more risk than bitcoin itself.

christ ... i'm at loss of words just miring your stupidity

> As for NV and AMD, they are not relevant to bitcoin mining at all.

google: mining boom chip makers or nvidia/amd

check: their stocks ...

>>	Anonymous [O1G] Wed Feb 27 03:53:04 2019 No.12873911 >>12873826 >>12873870 you both sound like drooling retards sorry

>>	Anonymous Wed Feb 27 03:55:48 2019 No.12873930 >>12873772 yea thats great but 3 billion of those people are living on less than $2.50 a day

>>	Anonymous Wed Feb 27 04:01:39 2019 No.12873961 >>12873870 These aren’t arguments, just ‘huhuh yr stupid...’

Anonymous Wed Feb 27 04:01:43 2019 No.12873962
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>>12873870
That is a nice picture of yourself. It seems that you have trouble comprehending my point, so let me rephrase for sub-80 IQ dumb fuck like yourself:

GPUs are used for mining alts, not bitcoin. It is unlikely there will be another altcoin mania, but even if it happens you will make less % gains on NV stock, than on bitcoin itself. Don't believe me?

If you bought NV stock and bitcoin in Jan 2017 you would now be up 40% on the stock and 400% on the bitcoin.

Now you can kill yourself, you retarded cretin.

Tittkinson Wed Feb 27 04:11:49 2019 No.12874003
File: 111 KB, 682x900, 1551167706295.jpg [View same] [iqdb] [saucenao] [google]

>>12873962

> GPUs are used for mining alts, not bitcoin.

imagine not having a grasp on the crypto economy "muh bitcoin, noh mining, noh scams"

hahahaha fuck me :D ... the only reason to visit biz these days is for fun these days eh?

> If you bought NV stock and bitcoin in Jan 2017 you would now be up 40% on the stock and 400% on the bitcoin.

do you even realize what you're comparing - in terms of value, accessibility and legality ?

Anonymous Wed Feb 27 04:27:51 2019 No.12874065

>>12874003
Value: Nvidia competes on the market for GPUs and has mktcap 95 billion, bitcoin competes on the market for money (the second biggest market after real estate - currently 80 trillion) and has mktcap of 60 billion. Hmm, which one is better value investment???
Acessibility: to buy nvidia stock you need to have an account at a broker or service like robinhood, anybody on the entire planet can buy bitcoin through decentralized exchanges like Bisq, non-KYC ATMs, localbitcoins, vouchers like Azteco or dozens of KYC exchanges
Legality: bitcoin is outlawed only in handful of shithole countries and that doesn't stop their citizens from using it

>>	Anonymous Wed Feb 27 05:35:08 2019 No.12874326 >>12873826 >As for NV and AMD, they are not relevant to bitcoin mining at all. It seems that you are the one who is retarded, mate. You can't be THAT retarded, please tell me this is bait.

>>	Anonymous Wed Feb 27 06:24:43 2019 No.12874576 bitcoin exists because fiat is not a scam at all guys buy more fiat

>>	Anonymous Wed Feb 27 06:25:28 2019 No.12874581 IT WAS THE FIRST CRYPTO :3

>>	Anonymous Wed Feb 27 08:10:53 2019 No.12875117 >>12873763 delete this

>>	Anonymous Wed Feb 27 08:29:04 2019 No.12875210 >>12873008 Because it's the only crypto that matters or will ever matter. All of your dogshit scamcoins are built on the system bitcoin created

>>	BSV will win Wed Feb 27 08:41:36 2019 No.12875280 File: 86 KB, 810x810, face44.jpg [View same] [iqdb] [saucenao] [google] >>12872988 borderless censorship-resistant cash for everybody, with a fixed maximum supply, as well as being a public ledger to reduce corruption

>>	Anonymous Wed Feb 27 11:41:03 2019 No.12876422 >>12873763 A store of value means you can buy an asset at any time and expect it to retain it's value over time. Not going up 10000x in a few years and down 7x the next year. That's not a store of value that's a ponzi. Fucking retards.

>>	Anonymous Wed Feb 27 13:00:33 2019 No.12877047 File: 42 KB, 590x1024, 1551278283073.jpg [View same] [iqdb] [saucenao] [google] >>12873546

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