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/biz/ - Business & Finance

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3182718 No.3182718 [Reply] [Original]

Why aren't you getting 20-30% returns a year by holding a PoS coin?

Haven't you figured out by now that you are a shit trader? Stop losing money. Hold a PoS coin and relax.

>> No.3182815

Link

>> No.3182837

>>3182718
Why would I hold a "Piece of Shit" coin ? Sounds pretty dumb to me

>> No.3182839

>>3182718
BTCR

https://novaexchange.com/market/BTC_BTCR/

37% PoS
18 Sat
169 million coins

stake and earn

>> No.3182861

>>3182718
I am. It's going to explode in Q4 when they announce Lightning Network, decentralized funding/proposal system and privacy plans.

>> No.3182959

Lmao according to the bitcoin talk thread fuck all Is happening with this project

Holding some bags op?

>> No.3183014

>>3182718
>Inflationary bullshit which crypto was made to avoid.

PoS is the worst fucking idea ever. Go to fucking FIAT if you enjoy inflation so much.

>> No.3183023

>>3182718
with autism cartoons like that I won't buy this shit

>> No.3183555

>>3183014
Why is PoS a bad idea? Explain

>> No.3183811

>>3183555
PoS is bad because you don't need over priced, electricity consuming miners to mint coins and shit.

>> No.3183857

>>3183014
if their wasnt inflation people would never spend them

>> No.3183902

>>3183857
>without inflation no one will spend
BTC is getting spent on altcoins all day every day.

>> No.3183917

Decred Assembly live now with one of the devs on the new proposal system
https://www.youtube.com/watch?v=lLFkFrEpqZ4

>> No.3184032

>>3182718
Because you can't just poof value into existence. If PoS increases the total coin supply by 30% per year, then the value of the coin drops by at least 30% per year.

>> No.3184122

>>3183811
Dumbest statement I've read on this board all day. Congrats.

>> No.3184164

>>3184122
sarcasm escapes you

>> No.3184211

>>3184032
>Because you can't just poof value into existence.

I remember hearing the same argument about BCC. It was not true then, and it isn't true now. Hell, it isn't even true with fiat.

>If PoS increases the total coin supply by 30% per year, then the value of the coin drops by at least 30% per year.

It's not at all so simple as that.

>> No.3184255

>>3184211
BCC is just leeching value out of BTC. BTC would be over 5k right now otherwise.

And yes, that's exactly how it works. It's just inflation.

>> No.3184505
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3184505

>>3184255

>he thinks bitcoin will continue going up despite all its numerous problems
>Thinks bitcoin cash is somehow the one at fault

>> No.3184639

>>3184505
>he thinks to avoid spam attacks the best option is to allow spammers to spam with lower fees so everybody needs to store the bullshit forever on a blockchain which is already way to big

>> No.3184648

>>3184505

You need to learn that BTC is all that matters, period.

>> No.3184712

>>3184648

Don't really care about bitcoin if it refuses to be an alternative to fiat. "Digital gold" is of no use to most people.