rest in piece forever cryptocucks

[Anonymous No.18385393]

[Anonymous No.18385415]

>>18385393
Great... I can finally buy in

[Anonymous No.18385431]

>>18385393
GOOD

[Anonymous No.18385439]

There is literally zero intrinsic value of crypto. The only legitimize reason to own crypto is so you can sell it for real money to someone else for a higher price. And the only reason that person buys it is to sell it to another for a higher number. And the only try that person buys it, etc...

This whole time all that happens is some CPUs, GPUs, and fiber optic wires will generate heat.

[Anonymous No.18385443]

>>18385393
i'm sure this will happen while the money printers are in overdrive 24/7 worldwide

[Anonymous No.18385455]

>>18385439
you should buy a few dozen iq points... just to reach room temperature.

[Anonymous No.18385459]

would buy

[Anonymous No.18385476]

[Anonymous No.18385491]

>>18385455
Boohooo my crypto Ponzi Scheme is being criticized. I’ll cry a bucket for you right now.

[Anonymous No.18385496]

>>18385439
Don't buy any then bitch

[Anonymous No.18385526]

>>18385491
just saying if the value proposition of bitcoin escapes you you are a brainlet. and this is a fact.

[Anonymous No.18385535]

>>18385496
Who in their right mind would

[Anonymous No.18385701]

>>18385526
I understand the value potential, and understand the technology behind them.

That isn’t relevant because I care about actual value generated right now. For example, name me a few real world issues that bitcoin actually fixed. Not some arbitrary potential maybe use. I want real things.

For example: reason to invest in Visa: hundreds of millions of users, accepted worldwide, removes friction of payments on the ground, fraud protection, user can use it in any country, low fees, etc.

Bitcoin: buy illegal things online?? Will moon any day?

[Anonymous No.18385737]

Lol. Pathetic attempt.

[Anonymous No.18385751]

>>18385701
Low effort brainlet. DYOR. Otherwise stay poor.

[Anonymous No.18385845]

Bitcoin will crash even further this year. It's not a safe haven. It's not a substitute for fiat. It's virtually useless outside of speculation, but even its speculative value is going down. The gains are so meager that it's not even worth investing in it. Its only value proposition is the use it the black market. With the economy in its current state, the government introduce more regulation to crypto to prevent capital flight.

[Anonymous No.18385873]

>>18385845
I know this sounds retarded but points like this is exactly where they just keep pumping it, to the point where even the most bitter bear would go fuck it I'm buying, THEN it crashes. They can print tether longer than you can stay sane

[Anonymous No.18385892]

>>18385845
Glownigger

[Anonymous No.18385893]

>>18385393
Jokes on you I've been shorting it and I plan to buy back in once it crashes.

[Anonymous No.18385914]

>>18385393
>A stock market with trillions of fake dollars is good to invest in but a crypto market with trillions of Tether is bad.
Kys

[Anonymous No.18385916]

>>18385914
Tether isn't the federal reserve. It doesn't have an army of dedicated milcucks. Tether could exit scam overnight and your bit coins are worthless.

[Anonymous No.18385928]

>>18385393
It’s over. At least it was fun while it lasted anon

[Anonymous No.18385934]

>>18385439
>There is literally zero intrinsic value of crypto.
silk road proved that it was valuable.

[Anonymous No.18385946]

>>18385491
>oh boo hoo
The reason why people insult you is because you are so late to the party it's incredible. Imagine being such a mental titan that you still can't fathom a use for cryptocurreny despite massive amounts uses.

[Anonymous No.18385954]

>>18385873
Then why can't they keep doing it? It's not pumping fast enough to get people to fomo. The whales/exchanges don't have enough liquidity to manipulate the market anymore. What's the point of even investing in crypto now? The gains are low, even lower than stocks. Holding isn't even safe. Completely nonsensical.

[Anonymous No.18385956]

>triple head & shoulders backflip mcvarial CHARTS NEVER LIE
Chartfags are the worst

[Anonymous No.18386025]

>>18385934
Correct which is why it won't fall to $0 it will fall to $1 which is still worthless as FUCK

[Anonymous No.18386087]

>>18385946
Hahaha. The only way I can purchase anything with crypto is:

1) Find the rare vendor that accepts some kind of crypto
2) Convert my real money to crypto
3) Make purchase
4) The vendor will than convert crypto to real money to pay workers and buy supplies and pay taxes

Which begs the question: why? Just make the purchase with the original real currency.

There currently is no way to have a completely closed loop crypto economy. It’s just a really expensive (due to its energy use) store of wealth. And unlike Gold, crypto depends if people agreeing that it means something. People could agree that shit coming out of my asshole is a store of value and it will be as real as Bitcoin.

[Anonymous No.18386113]

>>18386087
1 btc will always = 1 btc. What don't you understand?

[Anonymous No.18386129]

>>18386087
Also, people will never accept your feces as a store of value unless you could defecate all across the globe in different toilet banks

[Anonymous No.18386144]

>>18386113
> 1 Btc = 1 Btc

And? My pile of shit will always be one pile of shit. Actually, as it decomposes the value of each ounce becomes more and more rare! Better get it while it lasts!

[Anonymous No.18386169]

>>18386144
But a dollar in 1980 =/= a dollar today.
And you will continuously produce shit, there's no limit beyond your existence. Which clearly isn't long enough for someone to develop value around

[Anonymous No.18386197]

>>18385393
fuck off. we're full.

[Anonymous No.18386223]

>>18386087
>>18386144
>>18385491
It is not going back down to 1000, kid. quit larping.

[Anonymous No.18386287]

>>18386169
Based on how fast new crypto currencies get formed owning anything is a waste of resources. You don’t know if some fancy new crypto gets released next year making Bitcoin obsolete.

Plus the little issue with it not having any legitimate value. Cannot pay taxes. Cannot pay fees.

The world’s biggest economy and the world’s biggest government requires USD to pay taxes. Who requires Bitcoin?

Also, is crypto a currency or is it a store of wealth or a vehicle of investment? Because it cannot be all three. And I argue it fails at any of them.

A currency works well when the value is relatively stable (like I am 99% confident that $100 of purchasing power today and next year will be basically the same thing), looking at Bitcoin I am not sure of how 1 Btc can buy today compared to even next month. So nobody will purchase anything with crypto if they think their money will be worth more soon. On the other hand, nobody will accept crypto if they think it’s value will go down quickly after you accept it. This volatility will just raise prices as a matter of protection. It will also decrease economic activity.

Is it a store of value? Like I said before, it can become useless in a few years if someone makes a better cryptocurrency or miners stop running their operations (without miners transactions will not get validated).

The only thing left is a vehicle of investment. But the issue with that is that you are investing in something that has no fundamentals (as shown above). So it’s pure gambling and/or a Ponzi Scheme.

[Anonymous No.18386327]

>>18386287
>I am 99% confident that $100 of purchasing power today and next year will be basically the same thing
Oh look. The nocoiner has been living under a rock.

[Anonymous No.18386724]

>>18385701
You sound like a shit investor anon. Sounds like you don’t have a pair of balls and have to wait until the writing is literally plastered on a billboard to buy. “Muh Visa is a good investment” visa is a multi billion dollar established business. Congrats on comparing apples to oranges. You realize as an investor you have to buy before the masses are aware right? Another bottom tier investor

[Anonymous No.18386757]

>>18385701
???
Bitcoin is already used to replace SWIFT right now...

[Anonymous No.18386760]

[Anonymous No.18386771]

Anyone not investing in Terry Davis Temple OS is a moron. Once Jesus returns in a few months a portfolio heavy in Temple OS will have heavenly returns.

[Anonymous No.18386781]

>>18386287

This sounds like a 2016 bitcoin fud.

[Anonymous No.18386955]

>>18386129
I am prepared to provide one thousand million defecations