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/biz/ - Business & Finance

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Imagine buying BTC in 2020 Anonymous Thu Nov 5 21:34:08 2020 No.23748658 [Reply] [Original]

>High fees
>6 TPS
>Only function is to transfer from one wallet to another
>Mined for FREE by chinese miners
And you’re all buying it for $15k? What the fuck is wrong with all of you?

>>	Anonymous Thu Nov 5 21:35:41 2020 No.23748680 File: 22 KB, 269x406, btc standard.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Thu Nov 5 21:37:08 2020 No.23748707 >>23748680 >They fell for the digital gold meme

>>	Anonymous Thu Nov 5 21:48:16 2020 No.23748884 >>23748707 >he fell for the asset meme bro everything is communally shared now

>>	Anonymous Thu Nov 5 21:55:19 2020 No.23748992 I heard cashing out is super hard now

>>	Anonymous Thu Nov 5 21:56:35 2020 No.23749011 >>23748658 ETH fees are just as bad if not worse these days.

>>	Anonymous Thu Nov 5 21:56:48 2020 No.23749015 All BTC will be wrapped and used in DeFi as collateral.

>>	Anonymous Thu Nov 5 21:57:24 2020 No.23749023 >>23748658 cope

>>	Anonymous Thu Nov 5 21:57:37 2020 No.23749026 >>23748658 imagine not, 100k then 1M in 2027 ish.

>>	Anonymous Thu Nov 5 21:59:26 2020 No.23749046 >>23748658 >not suicide stacking LINK NGMI

>>	Anonymous Thu Nov 5 22:00:18 2020 No.23749062 Imagine getting caught with a bag of worthless metals. Maybe next election we can pretend that diamonds have value too

>>	Anonymous Thu Nov 5 22:02:03 2020 No.23749086 >>23748658 don't need more than 6tps if you ban all nonwhites from using it

>>	Anonymous Thu Nov 5 22:02:43 2020 No.23749097 >>23748658 based

>>	Anonymous Thu Nov 5 22:02:50 2020 No.23749100 imagine thinking another coin will usurp btc because of "better tech"

>>	Anonymous Thu Nov 5 22:14:18 2020 No.23749245 >>23749100 Imagine thinking it won’t. No king rules forever, my son. Remember Nokia? Kodak? Myspace? Sony Ericsson?

>>	Anonymous Thu Nov 5 22:23:18 2020 No.23749361 >>23749245 This is such a tired argument comparing apples to oranges. Is gold still the king of precious metals? That's what I thought.

>>	Anonymous Thu Nov 5 22:24:05 2020 No.23749372 >>23748658 cope

Anonymous Thu Nov 5 22:24:46 2020 No.23749379

>>23749245
>company
>company
>company
>company
Companies die because people make mistakes. Bitcoin is not a company anon. It is an ingenious mathematical ledger system that will transcend space and time. Bitcoin is a financial blackhole and it is going to absorb everything, financially speaking. And, the blockchain system that powers it is the most important human creation since the internet, and computers before that, democracy before that, the printing press before that, agriculture before that, harnessing fire before that, and stone tools before that. I really hope you understand one day.

>>	Anonymous Thu Nov 5 22:25:58 2020 No.23749393 >>23749361 >alchemy isnt real

>>	Anonymous Thu Nov 5 22:28:43 2020 No.23749433 File: 38 KB, 570x570, 089cf63bf374a24ab4ce2f017bef557d.jpg [View same] [iqdb] [saucenao] [google] >>23749393 With my philosophers stone it is!

>>	Anonymous Thu Nov 5 22:30:31 2020 No.23749460 >>23748658 I’ve been in bitcoin since 2004 and I can say with certainty that bitcoin is dead. 2021 will be the year of Nano.

>>	Anonymous Thu Nov 5 22:32:01 2020 No.23749485 >>23748658 Jokes on you fag, I am all in on Nano.

>>	Anonymous Thu Nov 5 22:32:43 2020 No.23749494 You guys are wrong, it will be the Dogecoin standard ultimately

>>	Anonymous Thu Nov 5 22:39:59 2020 No.23749593 >>23749460 fucking hell i just got flashbacks. fuck

>>	Anonymous Thu Nov 5 22:44:59 2020 No.23749660 >>23749460 >2004 fucking zoomer lmao I was there when bitcoin was broadcasted over telegraphs because there was no internet

>>	Anonymous Thu Nov 5 22:51:11 2020 No.23749726 >>23749379 >Bitcoin was made by people and is held by people

>>	Anonymous Thu Nov 5 22:52:21 2020 No.23749736 >>23748658 how fucking new to crypto can you be. bitcoin is king. the only reason to chase altcoin pumps is to stack sats. bitcoin is the end game. retarded zoomers have no clue.

>>	Anonymous Thu Nov 5 22:53:33 2020 No.23749751 >>23748680 Based

>>	Anonymous Thu Nov 5 23:02:26 2020 No.23749848 >>23749736 >didn't 1000x on hex this year ngmi

>>	Anonymous Thu Nov 5 23:07:18 2020 No.23749905 >>23748658 Shut the fuck up gay zoomer.

>>	Anonymous Thu Nov 5 23:20:57 2020 No.23750112 >>23748658 I'm just stacking Tezos, cuz fuck it. New sales like UNN are gonna be the last true boons of 2020.

>>	Anonymous Thu Nov 5 23:49:28 2020 No.23750515 >>23749905 The boomer fears the smart anon

>>	Anonymous Thu Nov 5 23:51:34 2020 No.23750542 >>23749015 this might happen desu

>>	Anonymous Thu Nov 5 23:54:47 2020 No.23750601 File: 1.31 MB, 1536x2048, image.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Thu Nov 5 23:56:24 2020 No.23750631 Do you guys think if we one day make contact with aliens that they'll have also implemented a similar system of digital currency and that they'll pump our bags with intergalactic shitcoins?

>>	Anonymous Thu Nov 5 23:57:25 2020 No.23750646 >>23750631 pretty sure aliens would search for different species to scam them and become bagholders

>>	Anonymous Thu Nov 5 23:59:12 2020 No.23750684 >>23750646 Ya but they'd first have to give us a taste of the space bucks by mooning a few earth tokens to draw us in.

>>	Anonymous Thu Nov 5 23:59:42 2020 No.23750691 Haven’t you heard Anon? It’s not what s the best, it’s what’s first that matters. BTC will be worth millions, although a million dollars may only buy a gallon of milk, in which case it will be worth billions.

Anonymous Fri Nov 6 00:02:29 2020 No.23750735

>>23748707
>They fell for the digital gold meme
What wasn't a meme at some point?

Moving to the new world was a meme in the 1700s

Then you have fucking diamonds, mcmansions, the over the top wedding industry, craft beer, prank video channels, and more

>>	Anonymous Fri Nov 6 00:10:43 2020 No.23750861 >>23750735 sex isnt a meme

>>	Anonymous Fri Nov 6 00:20:32 2020 No.23750993 >>23749015 What happens when most BTC transactions migrate to ETH and BTC miners make jack shit from fees?

>>	Anonymous Fri Nov 6 00:44:04 2020 No.23751250 >>23750993 All hell breaks loose

Anonymous Fri Nov 6 00:54:35 2020 No.23751372

>>23750993
Then fees get cheap and people don't need to use L2s and can transact directly on chain? I personally think it will not matter all that much. people will always use the base chain enough for fees. Even if it's just exchange transfers, bridge node transfers to eth/dot, lightning channel opens and closes, or other reasons.

>>	Anonymous Fri Nov 6 01:03:45 2020 No.23751507 >>23748658 Cope

>>	Anonymous Fri Nov 6 01:05:09 2020 No.23751520 >>23748658 go look up how long it takes and how much it costs to wire 1 billion USD internationally

>>	Anonymous Fri Nov 6 01:07:32 2020 No.23751542 >>23751520 3 days and .2%?

>>	Anonymous Fri Nov 6 01:16:30 2020 No.23751644 >>23748658 Lightning

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