you can't know how much i seethe right now

[Anonymous No.25414408]

when bitcoin was 0.1$ i thought "who's gonna use this crap"
when bitcoin was 100$ i thought "who's gonna use this crap"
when bitcoin was 3000$ i thought "who's gonna use this crap"
right now i'm thinking "who's gonna use this crap"

i suppose bitcoin is just a wealth transfer from boomers to zoomers. and us millennials can get fucked.

[Anonymous No.25414428]

When BTC $300,000, you will finally buy

[Anonymous No.25414452]

>>25414408
god i fucking hate millennials.
you're all retarded
t.zoomzoomchad

[Anonymous No.25414477]

>>25414452
based fucking zoomie chad
what coins do you own fellow zoombro

[Anonymous No.25414548]

>>25414408

[Anonymous No.25414577]

>i suppose bitcoin is just a wealth transfer from boomers to zoomers. and us millennials can get fucked.

This was the boomer->millennials transfer, most zoomers were priced out even @ 6k bitcoin.

You missed it m8.

[Anonymous No.25414633]

>>25414408
I remember when you could get 5 whole btc for doing some shitty internet survey, and when I had a whole comms room in a government department where they would probably not have noticed if i'd started mining in there, back when it was more easily mineable. I'm such a retard.

[Anonymous No.25414821]

>>25414428
>>25414548
i mean the thing looks like a bubble. there's no utility in it. it's purely speculative. no one's gonna use it for its intended purpose. and yet zoomers keep buying, mining, and the price just rises magically. i thought it's gonna burst at 4k$. it dropped from 20k back to 4k, but it never burst, because zoomers don't understand trading and refused to panic sell. i think it's gonna burst any minute now, but it just keeps fucking growing. i'm not gonna buy it, but it will probably grow to 50k, drop down to 10k, and then peter out some time later.
>>25414577
>>25414633
i remember btc at like 0.01, gpu miners just coming out and being reposted on /g/, and i thought "no one's gonna use this thing, it's a waste on time".

[Anonymous No.25415040]

>>25414821
Noone gets bitcoin at first. Try to understand it and you will see.
Nobody here is going to spoonfeed you though

[Anonymous No.25415053]

>>25414821
i dont get you.. you have had so much time to understand the true value of bitcoin yet you still barely know anything

[Anonymous No.25415088]

guys, please call me a wagie cuck, retard, brainlet, moron, idiot, fag, virgin.

i need some sort of catharsis here.

[Anonymous No.25415113]

>>25414408
>and us millennials can get fucked.
no, retards can get fucked (You)
t. millenial

[Anonymous No.25415154]

Kinda same but I bought and doubled it with margin beforehand. Just wait for next dip and buy. This will continue for the next months because of stimulus checks and money printer brrrrr I hope to get enough money to make it next cycle or with alts it's a just a game I like it.

[Anonymous No.25415192]

>>25415040
i mean it is useless as a currency. even you cryptochads would say that it's only useful as an investment, like gold, but unlike gold it has not intrinsic value. if crypto is ever adopted(which will never happen) it's easy to imagine bitcoin crashing as a more convenient crypto comes along.

by all the laws of economics bitcoin should've burst. yet chad zoomers just make the eternal growth a reality. it's a decade-old bubble and it ain't gonna burst because people holding bitcoin ain't gonna panic sell it ever. and i'm a wagecuck who thought that he was smarter than /g/.
>>25415053
there is no value, the thing's a fad, a fad that denies rational thought and makes any analysis into a cope.

[Anonymous No.25415316]

>>25415192
lebait2big.jpg

[Anonymous No.25415330]

>>25415192
>there is no value, the thing's a fad, a fad that denies rational thought and makes any analysis into a cope.
listen mate, im 18 and even i managed to understand where bitcoins value lies in, if you cant... then i got bad news
obviously now that i said that you'll think im some delusional kid.. nothing i can do about that, listen to me or dont up to you

[Anonymous No.25415565]

>>25415330
where does it lie, kiddo?

bitcoins are not useful as a day-to-day currency. they're not useful for any sort of cryptocontracts or as a financial instrument.

they are only talked about as digital gold, but unlike gold bitcoin is no commodity. cryptoapologists would say right about now that fiat doesn't have intrinsic value but it does - as a day-to-day currency. bitcoin shouldn't cost 30k, if anything altcoins should. and yet bitcoin keeps growing and altcoins are used specifically to cuck anons out of their money.

if you want to see real value of bitcoin take an average amongst altcoins.

i'm not saying bitcoin will crash - it obviously won't because of people like you who'll hold onto bitcoin and won't ever panic sell, but it's still a fad.

am i wrong here?

[Anonymous No.25415745]

>>25415316
not baiting at all.

[Anonymous No.25415761]

>>25415565
yes sadly you are wrong.
you won't listen to me, however, I highly recommend asking the ceo of this exchange literally all the questions you have about bitcoin, if it's a fad, where the value is etc etc
https://www.youtube.com/c/CoinMetro
he does ama's every Friday, you won't, but if you want answers it's your best bet, and you will agree with him since he's not some kid on biz and actually was a (real) trader
again, you won't because you want to believe whatever you tell yourself.
and you will be poorer for it, not just financially.
godspeed

[Anonymous No.25415765]

GET FUCKED ANIME POSTER HAHAHAAHAHAHAHA DO SOMETHING USEFUL AND POST SOME PORN NIGGER

[Anonymous No.25416022]

>>25415761
>you won't listen to me
i will absolutely listen to you if you formulate counterpoints to my post, instead of directing me to a religious figure. because right now you're acting like a cultist - you see your beliefs threatened and instead of using logic appeal to authority.

and i'm not even threatening your beliefs really, as i'm the cuck here because i was sceptical to the cult.

[Anonymous No.25416246]

>>25416022
you sound like a nice anon so im going to be honest,
I don't have the info you want at this current moment, however i did have the info you want, and it made absolute sense to me, that's why I said that I know the value of btc despite not having the ability to prove it right now, and yes before you ask I could go through the archives and present you with the info, but I have a massive headache right now caused by immense physical stain the other day so im sorry to lead you to this religious figure that has all the answers you seek kek
hope that's honest enough for you

[Anonymous No.25416556]

>>25414408
And sadly enough you will let this thread die eventhough you got spoonfed, you didnt do your own research, didnt buy, and will return to this board in 1-2 Years still seething

[Anonymous No.25416746]

>>25416246
well it does sound like a religious experience, in particular:
>I don't have the info you want at this current moment
>i did have the info you want, and it made absolute sense to me
i'm not trying to insult you or anything, since i will always be THE cryptocuck who decided not to buy at 0.01, 100, 3000 and now; just an interesting observation.

my main points about bitcoin- it's not a commodity as it has no intrinsic value(unlike gold or copper), it's not useful as an exchange instrument, as bitcoin transaction kinda suck. therefore it's a bubble.

and future for the cryptos seems to be dim as bitcoin is the only thing rising, while altcoins that could be actually useful for transactions are staying in the dust. so people don't seem to be interested in crypto for the service it can provide, merely in its high ROI.

saying that bitcoin is like gold that guarantees the value of altcoins is silly, because altcoin supply is unlimited and bitcoin doesn't have any intrinsic value as it's not a commodity. this just isn't logical, if there is an altcoin that does bitcoins job better, why would people keep bitcoin and not just buy the altcoin?

unless they are just investing into a magical unpoppable bubble, which is what seems to be happening.

[Anonymous No.25416833]

>>25416746
>intrinsic value
>intrinsic value
anon ... i am sry to be the one to tell you this but...
intrinsic value? like? ummmm

[Anonymous No.25416841]

>>25416556
that's why i'm the cuck here. i can't commit and overthink things, then ignore the mob instead of just yoloing with the zeitgeist and winning. well, i suppose it's the wagie cagie for me.

[Anonymous No.25417018]

>>25416833
well usd does have intrinsic value as an exchange medium, same as any other national currency. it's widely accepted and you can use it for transactions.

gold as well has intrinsic value as it's in demand by electronics/jewellery industries. its high price is the result of scarcity, but even if gold was commonplace it'd still have intrinsic value as a commodity.

bitcoin has no intrinsic value as you can't really use it in your transactions(aside from buying weed and donating to far-right youtubers), and it's not a commodity.

i'm not deputing that it's growing and could possibly be used as an exchange medium, but it's not there yet, and trends don't seem to indicate transition to crypto from regular banking.

[Anonymous No.25417123]

>>25414408
Every time you were saying whos using this, I bought LSD and xanax and my dorky ass got pussy cause drugs.

[Anonymous No.25417128]

>>25416746
you think im retarded? i obviously knew how i worded my posts, they reek of shilling and cult behavior, thats because i didnt put any effort into making it sound better than it is
go ask the smart ceo man or keep shitposting about it to retarded anons, maybe one smart anon will give you a half answer
also maybe watch this https://www.youtube.com/watch?v=iqyLByXUksg

[Anonymous No.25417180]

>>25417128
also the video is pretty much confirming your belief but also not really, by the way

[Anonymous No.25417205]

>>25417018
And you think bitcoin will never attain value even if you can trade it more easily and secure than gold. The transaction is pseudo anonymous and it can only be taken away by the ol' 5 dollar wrech attack or a 51% attack. Why would you want to trade a metal thats hard to store and the supply can be manipulated if people will just drop gold and get bitcoin? Oh golly fucking smoothbrains

[Anonymous No.25417211]

>>25414408
Bitcoin has failed it's original purpose. It was not meant to be digital gold but a peer to peer payment system that you can use to buy/sell whatever you want without regulations from banks and governments. Everyone can see this for themselves by reading the white paper, which is light on technical terms.
>"who's gonna use this crap"
You're still correct you know. Does anyone buy everyday goods with btc? I don't think so, the amount of btc transferred for actual purchases is negligible compared to the amount that gets traded in exchanges. Even DNMs have switched to monero.

You can arrive at a good outcome by making bad decisions. Spending your entire savings on lottery tickets is obviously stupid, but if someone wins the lottery this way then he will have made it while millions wageslave everyday.
Bitcoin, right now, makes no sense. Banks and "financial institutions" are adopting the thing that meant to bypass them. Anons on /biz/ don't give this second thought, because it will lead to an increase of the price.
There's no point in beating yourself over this. I heard about btc when the price was below 1000$ but ignored it because I was a dumb zoomer still in school, living my life in autopilot, while other people at my age were buying it. If you want to avoid beating yourself over it again 10 years later, assuming the price keeps rising, get in now. Bitcoin is madness and it can very well reach 1, even 10 million dollars each. Drop a lump sum of 1000$, or whatever amount you're comfortable losing, right now. Keep buying BTC with amounts you're comfortable losing and forget about it. That's what I started doing anyway.
Also I'd suggest getting some Monero, if bitcoin actually becomes mainstream it's price will exponentially increase.

[Anonymous No.25417281]

>>25414408
>zoomers
Aka the worst generation. You can delete everyone born between 1995 and 2015 and the world will be better for it.

[Anonymous No.25417310]

>>25417018
>usd does have intrinsic value
>it's widely accepted
it has value BECAUSE it is widely accepted, and it is accepted because first it was pegged to gold and then to the chad country of the 20's century
>gold
would be way lower if there'd be no culture of it beeing used as a currency
>bitcoin has no intrinsic value as you can't really use it in your transactions
(((aside from transacting it with literally anyone))) this >>25417123 criminals have a way to freely trade + their "left over" money keeps growing + drugs:)

[Anonymous No.25417650]

>>25417123
i've already said that i'm the cuck here. while you're enjoying your life i'll have to stay in amazon(tm) cagie delivering you your chinkshit.
>>25417205
gold does have value. it's a fucking commodity. please reread my post, anon.
>>25417211
>Bitcoin has failed it's original purpose. It was not meant to be digital gold but a peer to peer payment system that you can use to buy/sell whatever you want without regulations from banks and governments. Everyone can see this for themselves by reading the white paper, which is light on technical terms.
my point precisely. which is why it's a bubble.
>Keep buying BTC with amounts you're comfortable losing and forget about it.
a wise behaviour, but i'm just a wagecuck with no disposable income. some people exist for people like you to point at us and laugh.
>>25417310
it has value because it's a financial instrument used by united states economy, and world economy by extension. bitcoin failed its original purpose of replacing dollar banking, as anon have said.

[Anonymous No.25417663]

>>25417310
retard
>usd does have intrinsic value
>it's widely accepted
it has value BECAUSE
>btc does have intrinsic value
>>it's widely accepted
it has value BECAUSE

[Anonymous No.25417702]

>>25414408
I know that exact feel, only I knew about bitcoin before you could buy it. Read all about it and was like “wow, that’s fucking stupid”
Wow
>wow

[Anonymous No.25417774]

>>25417663
well yes you got me
still btc is the way to go

[Anonymous No.25417827]

>>25417702
you're probably thinking “wow, that was fucking stupid” every day now. i do.

[Anonymous No.25417833]

>>25414408
I see no real use for Bitcoin. It is a failed currency now used by whales to pump and dump for fiat money.

[Anonymous No.25417883]

>>25417702
it still is, enjoy sending your money to China cause that's where most of it is mined

[Anonymous No.25417888]

>>25417650
If you have no disposable income your first priority should be getting a better job.
Noone here actually holds bitcoin from a sub-1000$ price. Even if you bought at 0.01$, you would have cashed out for 2x, 10x or 50x gains, no way you would still be holding.
It is a bubble, but you can still profit from bubbles.

>some people exist for people like you to point at us and laugh.
i have like 200$ in crypto at this moment, it sucks so much to be the tech savvy kid that ignored btc but there's no point crying about it now.

[Anonymous No.25417920]

>>25414408
Zoomers don't have money you idiot. Anyone who has real money in crypto here is a millennial.

[Anonymous No.25417921]

>>25415088
fucking idiot

[Anonymous No.25417982]

It's wise to hedge your holdings. Invest in Art with Bitcoin. '

bitartshares(d0t)com

[Anonymous No.25418011]

>>25417663
USD has intrinsic value because it is actively traded for goods and there is actual demand, it also has a lot of utility like store of value (yes the dollar is losing this power right now), loans and other things. It is easy to use and is stable because of the large supply. Coins are a tool to speed up the market. A coin with the only purpose of storing value is not a tool. Botcoin attempted to do more but it was not designed to scale.

[Anonymous No.25418026]

>>25417883
You kniw you could mine your own Bitcoin right? kWh in US are like 12 cents vs 7 cents in China. But youre a stupid, whining, fat american, and you can only cry and get angry, like Trump

[Anonymous No.25418039]

>>25417774
dont know if you're being sarcastic or not, but, (>>25417827 you might want to listen)

>bitcoin has value because bitcoin has value
simple as

maybe i need to explain, bitcoin, the coin, has value, because bitcoin, the brand, has value.
thats why bcash and sv will never have value and will go to 0 (zero)
same with literally everything else, gold, usd etc

So no, it's not a fad, it's not just a bubble kek, it's here to stay.
Its one of the first assets in history where the jews weren't in from the beginning

sure there are coins that are technically better than bitcoin, but bitcoin isn't about the tech, it's about the name.

>>25418011
>USD has intrinsic value
i know, read above

[Anonymous No.25418045]

>>25414577
>you have to buy a whole bitcoin to invest in it
Where does this retardation come from?

[Anonymous No.25418059]

>>25417888
>no point crying
crying is good, it gives you catharsis.
>>25417920
millenials are zoomers in my world.

[Anonymous No.25418076]

Anyway this thread is a waste of time. Im going to wank to futa porn right now because it has extreme value to me

[Anonymous No.25418106]

>>25414408
I had 7 bitcoin at the most when I could afford it. Now I'm down to 1 because virtually endless supply of drugs.

[Anonymous No.25418191]

>>25418039
>Its one of the first assets in history where the jews weren't in from the beginning
David Schwartz (Ripple) was one of the first contributors to the BTC code. The jews are ahead of the curve compared to the goyim. You delude yourself because they didn't speak about it back in the day. Don't take everything people say at face value, all those old people that said btc was a bubble probably have big stacks.

[Anonymous No.25418201]

>>25418039
>one of the first assets in history where the jews weren't in from the beginning
which is why it'll fail.
>the brand, has value
brand only has value because it's been a working pyramid so far with crazy roi. no one would give a shit about bitcoin if it didn't grow. that's like the definition of a fad.

[Anonymous No.25418247]

>>25415040
This

Back in 2017 i thought holy shit you have to be retarded to buy btc at even 4k but now i am gladly buying at 20k+ because i get how valuable and scarce it really is

[Anonymous No.25418283]

>>25418247
*-anon's famous last words before a dump*

[Anonymous No.25418289]

>>25414408
Don't worry with every additional k you will seethe harder until you bought the top and price dumps for 3 years that's where you will ultra seethe

[Anonymous No.25418329]

>>25414821
>zoomers don't understand trading and refused to panic sell
lol

[Anonymous No.25418347]

>>25418045
from smart money not wanting average joe to buy because they are still accumulating

[Anonymous No.25418395]

>>25418283
oh no please dont dump that would only give me more btc for my worthless fiat

[Anonymous No.25418446]

>>25418283

?15 posts by this ID

Hey OP, instead of posting here, defending your regret of not buying, do some fucking research and see the value of Bitcoin

Or reply to me that I'm wrong, and keeping going around the hamster wheel until 50K and then post another thread about how dumb we all are

These post of yours were cute when Bitcoin was $1k, they are outright embarrassing at $30K

[Anonymous No.25418460]

>>25418289
that's just... life. one big seethe.
>>25418329
ironically being retarded made them ultra chad. while virgin analysts like me sucked some dick, like in the fucking meme itself. life really does parody art.

[Anonymous No.25418489]

>>25414408
You have a new opportunity with Tomochain this year, but I doubt you take it.

[Anonymous No.25418592]

>>25418446
i'm not defending my regret, i fully admit that i'm a pathetic cuck and ultra-virgin, berate me because i deserve it.

but bitcoin really doesn't have value. as anon said, it aimed to replace central banking and failed at that. yes it will continue to grow, but it will pop at some point, especially if crypto gets widely accepted, and i've already made my arguments.

[Anonymous No.25418624]

>>25417018
>bitcoin has no intrinsic value as you can't really use it in your transactions(aside from buying weed and donating to far-right youtubers), and it's not a commodity.
How about swapping it for $30,000?
How about a hedge against inflation?
How about betting on the success of a decentralised system of money in a world where every nation on earth wants to tax you to death at every transaction?

[Anonymous No.25418692]

>>25414821
It's a currency. Like fiat but without the government printing a boatload of it every day. Metals are inflated with mining and fake certificates, companies dilute their shares and bonds are rigged by the Fed.

[Anonymous No.25418709]

>>25418489
if not buying bitcoin is for cucks, altcoins are for cuck fluffers.

buddy, i think you've got the wrong post. chainlinkcucks are two threads down.

[Anonymous No.25418716]

>>25418592

It will pop plenty more times as it has in the past.

But do you know about true bubbles? They don't keep popping! Tulips will never come back, but Bitcoin will again and again, does that not tell you something? That you might be missing the big picture?

[Anonymous No.25418736]

>it doesn't have any value like gold has value

well how much gold do you have anon?

[Anonymous No.25418774]

>>25415088
incel

[Anonymous No.25418863]

>>25415565
>as a day-to-day currency
No, you completely misunderstood the value of day to day currency. The value is not in everyday transactions, the value is that the government is supposed to prevent counterfeit, and that you have to pay taxes with it.

[Anonymous No.25418881]

>>25418329
>XRP id
kek
>>25418460
btc is a better version of gold. costs like no space to store, easily transferable across the world, can easily be hidden, has tons of security, capped supply, and it's kind of anonymous. BTC has only 21 million, while gold inflates at a few percent a year. BTC is transferable across the world really fast and really cheap, it costs a dollar to send across the world while fiat takes 5% and gold prrobably costs thousands to move across the world safely. Alts aren't catching up to btc because it has the first mover advantage. no one uses silver except for a few boomerfags here, people only care about gold. btc has the highest security out of every chain and has been here the longest. it has the most users and most holders and most miners. alts do not have this advantage.

[Anonymous No.25418880]

>>25414408
>us

[Anonymous No.25418898]

>>25418624
>How about betting on the success of a decentralised system of money in a world where every nation on earth wants to tax you to death at every transaction?
looking at how commies and globohomo are winning at every turn, do you really think kikes will allow you to dodge taxation? really, anon?
>>25418692
>Like fiat but without the government
yes, precisely.
>>25418716
well tulips didn't have anonymous whales and a billion alttulips to keep the hype going.
>>25418736
:(

[Anonymous No.25418937]

https://www.youtube.com/watch?v=POG68-SXIsY

didn't bitconnect shoot a video like this too?

[Anonymous No.25418940]

My wife just asked me why I didn't buy more bitcoins with our shared money.
It's time to sell, boys.

[Anonymous No.25419041]

>>25418881
>BTC has only 21 million
why would miners provide infrastructure that makes transactions possible when they stop getting roi for mining? how will bitcoin keep functioning?

[Anonymous No.25419057]

>>25418898

Godspeed anon

I have said my piece, I will now continue monitoring this thread and enjoy the replies. My advice for you (even if you don't want it) is to set up a crypto account and just put in $10 a week, or as much as you can afford to lose and then see how it goes. Even just use paypal (I don't advise it) but it will be easier

[Anonymous No.25419143]

>>25418898
>yes, precisely.
But its attributes mean that it doesn't need the money to prevent counterfeiting. It's actually better than fiat because you don't have to trust the government. The only downsides are the slow/expensive transactions and reliance on the industrial system.

[Anonymous No.25419216]

>>25418881
>btc is a better version of gold
read the whitepaper
>has tons of security
what did he mean by this
>it's kind of anonymous
each bitcoin carries it's whole transaction history, it's less anonymous than cash
>>25419041
this is one of the looming problems for bitcoin. Transaction feels will likely skyrocket.

[Anonymous No.25419241]

>>25414477
For me it's LTC/ETH

[Anonymous No.25419245]

>>25419041
Miners will receive block rewards for the next 120 years and after block rewardsd are gone i guess there would have to be higher fees to keep miners interested

But again none of us are going to live at that point so i am not loosing sleep over that

[Anonymous No.25419260]

>>25419041
tx fees.
each tx costs at least 100 satoshis, more if you want priority and you don't want to wait in the back of the line.

[Anonymous No.25419265]

>>25414408
Craig, you're retarded, I told you to buy at 3k.

[Anonymous No.25419270]

>>25419241
>LTC
based zoomer boomer

[Anonymous No.25419368]

>>25416022
Insufferable trannies on my board goddamn

[Anonymous No.25419375]

>>25417888
>Noone here actually holds bitcoin from a sub-1000$ price. Even if you bought at 0.01$, you would have cashed out for 2x, 10x or 50x gains, no way you would still be holding.
Wrong. I mined 4 btc back in the day on my GPU. I have 0.1 left.

[Anonymous No.25419377]

>>25419041
>>25419260
BTC could be used as a bulk store of value while smaller cap more centralized coins are used for day to day transactions.

>>25419245
It will be priced in before we reach that point though.

[Anonymous No.25419410]

>>25419216
BCH is probably closer to the whitepaper, but the market has decided that BTC is better than BCH even though BCH could do more transactions. XMR is a pretty good coin, I'll give you that, but it's foolish to think btc is useless as a currency so it's stupid when the market has already decided it's digital gold and institutions are literally fomoing in. Also, I said "kind of anonymous, " there are ways like coinjoin to break the link but it's not great and most people don't use it.

[Anonymous No.25419432]

WOOOOOOOOOOOOOOOOOOOOW WHAT IF I COULD JUST PREDICT THE FUTURE

[Anonymous No.25419517]

>>25419143
fiat is actually a derivative of entire country's economy. bitcoin is a derivative of... umm... of people buying into a bubble?
>>25419260
so why would you use bitcoin instead of say dollars and visa? if the bubble stops growing(which it must do once all the dollars are exchanged for buttcoins?)
>>25419265
i have no idea who you're talking to.

[Anonymous No.25419519]

>>25419375
When did you sell the rest of it?

[Anonymous No.25419529]

>>25419377
You could always use LN, it's not good for sending large amounts of money because you need a big enough channel but it works acceptably well for small transfers.

[Anonymous No.25419577]

>>25419377
why would you not just drop buttcoin and buy
> smaller cap more centralized coins
then??
>>25419368
unbased and bigotrypilled

[Anonymous No.25419669]

>>25419517
Try sending $10000 to your family in Russia or something and see which method is cheaper and faster. If you use fiat it takes days to settle and costs 5% and it could also be frozen for random reasons
BTC is a store of value and not really a currency. Rich people buy it so they don't have to worry about inflation and their savings can't get brrrrrrrred away. It's not designed for random people to buy coffee with. There are plenty of coins that are better than BTC but it will always be the most trusted coin with the first mover advantge.

[Anonymous No.25419746]

>>25419577
Everyone trusts bitcoin and no one trusts or uses your centralized coin. This is why institutions only bother with bitcoin and they don't give a shit about all the other coins. You bet institutions have hired like 500 autists to analyze every coin, and bitcoin is the safest investment, is used the most, and is trusted by everyone. Alts have had 10 years to prove themselves and so far only a few of them survived.

[Anonymous No.25419760]

>>25419669
yes, it's a bubble. a bubble that works.
>There are plenty of coins that are better than BTC
does anyone actually use them/care about them? no. because people don't need crypto as a service, it's purely a tool for speculation.

[Anonymous No.25419804]

>>25419760
>people don't need crypto as a service, it's purely a tool for speculation.
bros who's gonna tell him about defi (not the current bubble)

[Anonymous No.25419810]

>>25414408
This has nothing to do with generations and everything to with you being a retard, Seethe more faggot

[Anonymous No.25419825]

>>25419746
>This is why institutions only bother with bitcoin and they don't give a shit about all the other coins
nah, that's because buttcoin provides high ROI and have been up for several years so it looks like a good thing to invest into.

[Anonymous No.25419899]

>>25419517
No, of people buying into a technology. The technology of decentralized publicly verifiable transactions. Whether or not it's in a bubble doesn't change it's inherent value. The technology sector was in a bubble 20 years ago, doesn't mean suddenly Microsoft became worthless.
>so why would you use bitcoin instead of say dollars and visa? if the bubble stops growing(which it must do once all the dollars are exchanged for buttcoins?)
Because again, fiat is inflationary, bitcoin and other cryptos are deflationary. And they can't just be taken by the government or the company by pressing a button. You know Paypal regularly closes accounts and gets to keep the money, right? Same as bank accounts that are closed for investigation or a bank run, etc.

[Anonymous No.25419911]

>>25419760
ETH is used by tons of people, and it settles more value than BTC now. ETH is one of the few altcoins which has survived. XMR is also used by tons of people who care about financial privacy
>>25419825
Or maybe they see that BTC will be widely trusted among everyone in the future, not just some random crypto autist. Institutions do not invest in stuff just because it goes up, look at how many institutions went all in the stonk market after the corona crash even though stocks kept going up.

[Anonymous No.25419912]

>>25419804
>defi
are smart contracts relevant to anything besides riding on bitcoin speculation and syphoning off investor money in nonsense startups? what's the big smart contract app that changed the world in 2020?

[Anonymous No.25419977]

>>25417211
>a peer to peer payment system that you can use to buy/sell whatever you want without regulations from banks and governments.
You still can. I bought Edward Snowden a pizza.

[Anonymous No.25420004]

>>25419577
Oh, so you're an actual tranny? No wonder you're so retarded. Go back to r.eddit faggot.

[Anonymous No.25420038]

>>25414408
Dunno man, I'm a millennial using my BTC gains to buy me some zoomer pussy.

[Anonymous No.25420042]

>>25419912
Go on defipulse.com
DeFi is super useful because you can make interest from holding stablecoins. You deposit your stablecoins into an exchange and you make tons of trading fees instead of the exchange keeping them, as with normal exchanges. You can also take out crypto loans. If I have tons of ETH in profit and I want a house, I can take a stablecoin loan on my ETH and even if ETH moons to 10k I don't lose anything but a bit of interest because I just need to pay back the stablecoin loan to get my eth back. Also I don't have to pay taxes using this method.

[Anonymous No.25420101]

>>25419899
cryptoexchanges seems to get hacked every other sunday but your argument is irrelevant even before that. you're describing some desirable properties and saying "therefore economy will switch to crypto", but it doesn't. it buys crypto for high roi, but that's not switching, that's just speculation. no one's buying buttcoins to do transactions in buttcoins, not even iran.
>>25419911
>ETH is used by tons of people
for what?

[Anonymous No.25420133]

>>25420101
literally google what eth is used for
every defi app and every coin shilled here runs on eth

[Anonymous No.25420197]

>>25419041
>why would miners provide infrastructure that makes transactions possible when they stop getting roi for mining?
They won't, you brainlet, there is already a fee market for being included in a block. Those fees will be the sole compensation after 2140.

And just to note, 2140 (approximately) is when the block rewards will dry up completely. You'll be long dead by then.

[Anonymous No.25420216]

>>25420101
Also all of your arguments could be used for gold too. Gold is literally a shiny rock and people buy it mostly for speculation. 3000 tons are mined a year and 600 tons go to industrial stuff, so the remainder goes to speculators. Gold is objectively worse than BTC in terms of storage and sending yet it still has a 9T market cap. All of your arguments could be said for gold too, and I don't think you would call gold a ponzi, right?

[Anonymous No.25420270]

>>25419912
defi is absolutely massive if done right (right now its not) but giving people the power that defi does is insanity and WILL 100% be adopted by traditional finance
but you would know all that if you just listened to me when i linked you to ceo man

[Anonymous No.25420372]

>>25420216
store of value is different than speculation, no?

[Anonymous No.25420422]

crypto is dead statist bankster co-opted trash

[Anonymous No.25420486]

>>25420133
that's just circlejerk to jew anons out of their money. backed by association with bitcoin bubble.
>>25420216
gold doesn't explode in price, but obviously you can only speculative on it, you can't really invest into gold. or rather you speculate on the demand for gold.

with bitcoin however there's no demand. never will bitcoin be a commodity, and if some economy does decide to switch to decentralized crypto it will just print its own crypto. why the fuck would someone pay a third party to use bitcoins when you can make your own crypto?

[Anonymous No.25420493]

Stop articulating doubts. Just have faith.

[Anonymous No.25420540]

I cant fathom that you get spoonfed so fucking much and still be in denial.

[Anonymous No.25420545]

I bought my first big amount of bitcoin (10k gbp) after the jan 2018 crash and I thought , it's starting to go up again, it's recovering, let's not miss the next bull run.

Then the price of bitcoin went from 10k to 3 k.

I'm such a retard not to have bought more then. if I had bought during those 4 months when it was around 3k I'd have 100k right now.

I don't blame myself for not getting in when it was 1 dollar or 100 dollars or even 1000 dollars because I didn't know much about it then andhadn't properly looked into it. but
I do blame myself for missed opportunities after I had looked into it.

[Anonymous No.25420562]

I'm excited for whenever our financial infrastructure finally receives an upgrade but I dont think they are going to be replacing the financial system with a network that does 5 TPS and gets ridiculous fees with any amount of traffic on it

[Anonymous No.25420620]

>>25414408
>>25415192
>hasn’t learned his lesson
I’m sorry you’re retarded
Stay poor

[Anonymous No.25420623]

>>25420486
no it's not, do research on defi.
>>25420486
The price went up a ton when people were starting to adopt gold. It went from a cool shiny rock to basically a common currency. If you held a ton of gold thousands of years ago, you would have gained a shitton of money.
>Why would anyone use facebook if people can just make their own facebook
Simple, BTC has the most hash power behind it, meaning it's the hardest to attack.

[Anonymous No.25420640]

>>25415565

[Anonymous No.25420661]

OP, stay strong. I know how you feel, I'm all into alts right now and seething. I'd give you a hug if I could,

[Anonymous No.25420683]

>>25414408
you were actually right every time. nobody is actually using this.

[Anonymous No.25420695]

>>25420042
This is true, DeFi is going to be massive, and this isn't even its final form. Flare will literally absorb the entire derivatives market.

He is also right about the taxes. You can take out loans on your assets and the money that is loaned isn't taxable like capital gains so its actually much cheaper to just get a loan and live off that than selling your assets in the first place

[Anonymous No.25421001]

>>25420683
>nobody is actually using this
https://www.forbes.com/sites/michaeldelcastillo/2020/08/06/valuable-sec-data-on-20-institutional-bitcoin-investors-could-soon-disappear/?sh=63b24b441de2

>inb4 but they are just hodling, this isn't it's intended purpose
ngmi

[Anonymous No.25421004]

>>25420545
it should've crashed at that point though, because public hype kinda petered out. but whales saved bitcon and we're back on the wild ride again. the question is when to quit.

[Anonymous No.25421032]

BTC is a digital pokemon card. It has no utility, no inherent value and diverts completely from the whitepaper. The network is slow and expensive. I hope creg wins in court and forces each and every exchange to rename is to core coin or something equally demeaning.

[Anonymous No.25421061]

Hello, I have one question:

Is there any safe exchange? What stops binance or gemini or whatever from closing down their websites and keeping all your crypto?

Have a cute picture as upfront payment for an answer.

[Anonymous No.25421082]

>>25421032
lmao there are actual pajeets out there still bagholding BSV. You got scammed dumbfucks.

[Anonymous No.25421112]

>>25421061
thats why all the bitcoin fags say not your keys not your coins.
you literally just withdraw your coins into your wallet and keep them so if the exchange rugs they don't get your coins anymre.

[Anonymous No.25421143]

>>25414408
Zoomers don't have capital. Boomers are buying it from xillenials.

[Anonymous No.25421155]

>>25421032
google BSVBTC

[Anonymous No.25421207]

>>25415565
Heres a quick brief
Store of value:
>impossible to inflate beyond a fixed % known in advanced
>literally gets harder to obtain, the more it is tried to be obtained
As a currency:
>in-built defence mechanism making fraud impossible
>never sleeping, real-time ledger with borderless transactions every 10 minutes
Okay it is not much use as a day to day currency in the current form- but give it time. Lightning network or some other group of devs will almost definitely solve the day-to-day TX problem.
If you can afford to wait 10 mins to buy something (house.. Car... Anything online) then it works perfectly.

[Anonymous No.25421226]

>>25421082
It is peer to peer electronic cash you stupid cunt. It is bitcoin. BTC is frankenstein's monster controlled and crippled by BLOCKstream.

[Anonymous No.25421241]

>>25420623
>the most hash power
yes, because that's a valuable property that we desperately needed in our currency.
>>25420661
>I'm all into alts
why would i permit you to give me a hug? i don't want to get drool and feces all over myself.
>>25420695
>Flare will literally absorb the entire derivatives market.
can the market even handle this after the success of ripple?
>>25421001
investors. do you know what that word means?

[Anonymous No.25421265]

>>25420486
Alright m8
I’m going to be completely frank with you
You are much, MUCH dumber than you think you are.
Your stupidity is the reason you missed the largest economic opportunity in your lifetime, not because le market is irrational.
Stay retarded, stay poor and please go back to r*ddit or whichever consumer product general you frequent on /g/

[Anonymous No.25421319]

>>25414821
Post age and net worth or you’re gay

[Anonymous No.25421326]

>mfw this dumb retard missed Chainlink and AVAX too

Top kek

[Anonymous No.25421373]

>>25414408
>zoomer
>something created in 2009
You had 12 years.

[pajeet No.25421393]

>>25414408
dogecoin is pumping and im thinking.... who the hell is buying this crap?

[Anonymous No.25421401]

>>25421319
i am gay.

[Anonymous No.25421431]

>>25421401
Post age and net worth anyway

Anyway taking advice from a retard who doesn’t do this should an hero

[Anonymous No.25421539]

>>25421241
hash power is needed in blockchain currencies. BTC will always have the most miners and users behind it.

[Anonymous No.25421547]

>>25421431
28 y/o
50k in bank
170k left to go on my 255k mortgage

how am i doin

[Anonymous No.25421671]

>>25415088
Its a pretty midwit take bro. Bitcoin is clearly not going anywhere short of a working quantum computer, and thats a decade away at least. Just buy as much as you can now and salvage your finances.

[Anonymous No.25421673]

>>25421547
>mortgage
you'll be forced to live in a pod and eat bugs anyway, should've bought bitcoin instead.

[Anonymous No.25421675]

>>25421539
>hash power is needed in blockchain currencies
No its not, welcome in 2021
>BTC will always have the most miners
Which are all owned by like 3 or 4 pools.
Its centralized.
>and users
It cant scale and never will.

[Anonymous No.25421709]

>>25421226
when you cry yourself to sleep because you missed out on this bullrun because you fell for a scammer you can always tell yourself that you hold the reeeeeeeaal bitcoin that surely is more valuable than % gains right?

[Anonymous No.25421756]

>>25421673
yeah everyone on 4chan calls me stupid for buying a mortgage but i'll have it paid off within 5 years and be able to rent it as a landlord if i want. i don't think it's that bad, and also not living in an apartment is pretty nice really. with my down payment my mortgage is basically the price of rent in many places but at least i'm not burning rent money to gain literally nothing

[Anonymous No.25421815]

>>25415088
Sneedshitter

[Anonymous No.25422153]

>>25421547
fucking terrible
t. 21 with $27k in crypto with no debt

[Anonymous No.25422199]

>>25422153
i mean when u get like $1200 a week working from home it's not bad

[Anonymous No.25422287]

>>25421675
>he thinks pools = miners
miners leave pools if pools do dumb shit
also no one gives a shit that btc can't scale. look at bchbtc retard. it's a store of value not a currency idiot.

[Anonymous No.25422290]

>>25421547
>IN BANK
You’ve already lost

[Anonymous No.25422352]

>>25422287
>miners leave pools if pools do dumb shit
The big chinese pools own the most miners.
>also no one gives a shit that btc can't scale
Spoken like a clueless newfag lmao

[Anonymous No.25422424]

>>25422352
>The big chinese pools own the most miners.
yes and miners will leave these pools if they misbehave
>Spoken like a clueless newfag lmao
ok faggot, why are people using bitcoin instead of litecoin or bcash?

[Anonymous No.25422708]

>>25422424
>yes and miners will leave these pools if they misbehave
Most of these Miners are owned by the same group of people, they wont leave thus its centralized. Also Asics, another centralization point.
>why are people using bitcoin instead of litecoin or bcash?
First mover advantage and works flawless for 10 years, somewhat fair coin distribution, tiny bit less centralized than LTC and other shitcoins.

[Anonymous No.25422803]

>>25422708
>First mover advantage and works flawless for 10 years
you just explained why btc is king and will be king for the next 5 years at least. Look at stables, USDT is complete garbage yet everyone still uses it.

[Anonymous No.25423203]

>>25421393
I am!

[Anonymous No.25423566]

>>25423203

Holy shit, that's some pump. Take some profit before the whales do!

[Anonymous No.25424177]

>>25415053
lmao, and you get it?

BTC basically solved a medieval time mathematical puzzle of trust. It's not that special and it will eventually suck dick.

Anywho, pennystocks is where it's at. You fools are priced out of the 100000% returns. Hf with your x5.

[Anonymous No.25424247]

>>25417018
Trying to reason on 4chins

>your first mistake

You only use this to insult retards, not teach them.

[Anonymous No.25424346]

>>25414408
I remember the commies on SA back in 2009 laughing at BTC "crazies" really convinced me not to research it through peer pressure

[Anonymous No.25424397]

>>25415565
The intrinsic value of btc is the network itself, it is the capability to transact with anyone in the world. Even with dollars, giving it to someone far away isn't straightforward. You got to deal with bank intermediaries.

[Anonymous No.25424920]

>>25424177
ah yes comparing the best pennystocks with the worst crypto
nice reasoning retard

[Anonymous No.25424939]

>>25414408

>zoomers

bro I was 12 in 2010. This was your time, millenials - and you fucked it up.

[Anonymous No.25424984]

>>25422803
It wont be King anymore in 2 years, a better Consensus was found.

[Anonymous No.25425390]

>>25424984

>a better Consensus was found

Go on?...

[Anonymous No.25425518]

>>25418201
Bitcoin is the ultimate monetary measurement stick. Its the base money we've been craving. Private and sate currencies will both flourish. Your skyrim tokens will be able to pay your rent. You dont understand. A better base money could not be formed in this current environment. The decentralisation, the network adoption, the brand acceptance, its not currently attainable by any collective, state or private. Game theory doesnt allow it.
Bitcoinisation is inevitable