/biz/ - Business & Finance

[Anonymous No.19395306]

Hey, knuckle-nicks
I'll tell you:
It's helping
I'll tell you:
You're doing the right thing

[Anonymous No.19395344]

>>19395306
the "i panic sold at 4k cope" chart

[Anonymous No.19395359]

>>19395344
Retard

[Anonymous No.19395402]

>>19395359
hahahaha cope harder faggot

i've made more money shorting 2018 and late 2019 than you pathetic newfag bears will ever in your lifetimes
bears are in for a world of pain. the insane disbelief and cope is what's gonna fuel this rally. i watch the same shit happen in 2016 before cucks like you finally capitulated and flipped bullish at $1k.

[Anonymous No.19395417]

>>19395402
Didn't read. Not buying the top. Kys

[Anonymous No.19395479]

>>19395417
hahahahahaha small dick energy
>Not buying the top
so you did panic sell in march? lmfao you newfags are clueless. no wonder you'll never make it

[Anonymous No.19395938]

>>19395479
>>19395402
>nothing but lower highs for literally 3 years
>BEARS BTFO!!!!!!!!! AHHAHAHAHAA HOW WILL THEY EVER RECOVER

Good to come back to /biz/ time to time only to reaffirm that everyone on this board is a complete retard. See you in a few weeks.

[Anonymous No.19396101]

>>19395938
>>nothing but lower highs for literally 3 years
hahahahahahaha

ashdrake said the same thing in 2016
gfy
have fun blowing up your entire account shorting an uptrend
I'm sure you'll capitulate at $20k

[Anonymous No.19396125]

>>19395417
you'll be chasing past 20k instead lmao

[Anonymous No.19396143]

>On the Instability of Bitcoin Without the Block Reward
https://www.cs.princeton.edu/~arvindn/publications/mining_CCS.pdf
The most in-depth paper written on bitcoin EVER
Princeton university

>Beyond the doomsday
economics of “proof-of work” in cryptocurrencies
Monetary and Economic Department
https://www.bis.org/publ/work765.pdf

Unfortunately, there is reason to expect that the demand for transactions will fall to very low levels. People are likely to make use of off-chain transaction mechanisms via trusted third parties, particularly for small amounts, in order to alleviate the need to wait for confirmations. Payment processors may only need to clear with each other infrequently. This scenario is not only economically likely, it seems necessary given the relatively low transaction rate supported by Bitcoin. Since blockchain transaction will have to compete with off-chain transaction, the amount spent on transactions will approach its cost, which, given modern infrastructure, should be close to zero. Attempting to impose minimum transaction fees may only exacerbate the problem and cause users to rely on off-chain transaction more. As the amount paid in transaction fees collapses, so will the miner’s revenues, and so will the cost of executing a 51% attack. To put it in a nutshell, the security of a proofof-work blockchain suffers from a commons problem[9]. Core developer Mike Hearn has suggested the use of special transactions to subsidize mining using a pledge type of fund raising[10]. A robust currency should not need to rely on charity to operate securely

[Anonymous No.19396212]

>>19395938
>lower highs for 3 years
Been browsing this board since the beginning of the month and finally I'm starting to understand why "zoom out retard" is a meme here.

[Anonymous No.19396249]

It's gonna dump tremendously

[Anonymous No.19396408]

>>19396143
academic cope

[Anonymous No.19396459]

>10k rejected for the 9999th time