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3546763 No.3546763 [Reply] [Original]

Daily reminder that bitcoin is tulip mania 2.0

>> No.3546766

daily reminder that tulip mania is a historical meme that was made up by christfags a century later

>> No.3546767

>>3546763
holy shit is this bitch ugly, down syndrome ?

>> No.3546769

this bitch is ugly gtfo

>> No.3546771

daily reminder that James "tulipman" Dimon bought millions of dollars worth of bitcoin during the dip

>> No.3546779
File: 33 KB, 1818x45, Screen Shot 2017-09-19 at 2.34.49 PM.png [View same] [iqdb] [saucenao] [google]
3546779

>>3546763
what about all the other 1000+ cryptocurrencies?

>pic related

>> No.3546796

>>3546763
i prefer being in the tulip mania than the wagecuck wisdom

>> No.3546799

>>3546763

sauce?

>> No.3546805

>>3546767
What even is that? Quarter black, quarter white, half horse?

>> No.3546806

>>3546763
Is she Asian?

>> No.3546812

>>3546799
topkek

>> No.3546818

>>3546763
This is one of the most racially ambiguous humans I've ever seen.

>> No.3546826

>>3546763
How'd you get a pic of my cousin?

>> No.3546836

WIPE YOUR GOD DAMN MOUTH YOU FUCKINNNNNNNNNNNNNNNNNNNNNNNNG REEEEEEE

>> No.3546839

>>3546763
Tulips can be grown and infinitely reproduced at practically zero costs.
What about bitcoins?

>> No.3546852

>>3546767
she's a jew

>> No.3546899

Gotta love this nonsense spewed by people who completely missed the boat on anything regarding Internet. These people literally don't get it.

>> No.3546966

>>3546763

noone has still provided source, reeeeeeeee

>> No.3546988

nice, just sold 100k

>> No.3547057

reeeeee millennials cannot succeed! how the fuck do I even buy Bitcoin?!?

>> No.3548153

>>3546966
Why the fuck would you want sauce on that ugly mulatto, have some self respect you cunt.

>> No.3548195

>>3548153
top kek

>> No.3548217

>>3546763
This. When you realize every Dick, Jill, and Harry are getting into crypto, you know it's a huge bubble. The final crash will be swift and devastating.

>> No.3548237

>>3546852
>she's a jew
she looks like mexican-mongoloid-white hybrid with bleached hairs and strange skin color.

diversity.....racemixing ...result

>> No.3548257

>>3548237
>and strange skin color.
* and has strange skin color.
wtf

>> No.3548271

>>3548217
But they're not.
Normies still don't want to touch it.
If they did, BTC would have risen past 10k by now

>> No.3548301

>>3548271
This is the truth.

Seems like everyone I talk to, even really tech savvy people, follow bitcoin in the news but that's about it. Then they see something about hackers using it and say "See, this is why I prefer REAL money." or "I don't trust money I can't touch".


We have a loooong way to go.

>> No.3548328

>>3548301
today i was browsing e621 and sankakucomplex

not a single bittrex r34 picture....
not a single bitcoin picture
seen only one with doge mentioned as text....

we are really still not mainstream guys...

>> No.3548351

>>3548301
only ones who pushed it to mainstream are tech youtubers who showed how to mine... and who blamed miners for shortage of videocards (of course they did not blamed companies who
give THEM free review samples but don't make enough cards to sell)

>> No.3548378

>>3546763

Here are a couple of things to say in regards to Bitcoin = tulips.

The first is that, even if we take the underlying premise as true, that cryptocurrencies have no lasting value and will return to zero (which I don't believe at all) then we are still at an adoption phase that is early.

We are only just transitioning out of the fanatic fringe of adopters to the "early adopters" phase. On this basis, there are still many good times to be had in crypto.

Next, crypto has a pressure release mechanism that makes it bubble resistant. This is the continuing death of useless tokens.

As coins are found to have no lasting justification or use case, they disappear into the 600 and growing group of "dead" coins. This is actually a good thing for the crypto ecosystem. A "survival of the fittest" mechanism is constantly at work to weed out the worst coins, and advance coins that have an actual use and return. This prevents speculation on tokens that have proven to be worthless over time, and acts as a pressure release valve for crypto in general.

Third, it's simply not a valid analogy. Cryptocurrency is the internet of money. As cryptocurrencies come to be perform specific functions better than fiat (and given the amount of development in this sphere this is a question of "when", not 'if") a growing number of people will willingly transition their money from the existing fiat staple to crypto. As a simple example, consider Monero. It is already, in this moment, a far better option to move around with large amounts of (fungible, untraceable, anonymous) Monero than with large amounts of cash.

While this may not be completely clear in the west, it is extremely obvious to anyone operating in less stable state.

If you can memorise your seed, YOU CAN CARRY UNLIMITED AMOUNTS OF ANONYMOUS CASH IN YOUR MIND.

That's not a tulip. That's not even a dot com boom. That is a profoundly superior way of moving value around with you.

Crypto is here. It's over.

>> No.3548386

It's the dotcom bubble. The core technology is very real and there's nothing wrong with it, but many ICOs are at worst scams and at best unnecessary but still receive undeserved investment thanks to hype surrounding the emerging tech

>> No.3548473

>>3548386
How does one setup an ICO scam? I could probably bullshit a whitepaper and put up a website with pictures of dudes with European sounding names.

>> No.3548495

>>3548473
Good luck outsmarting the reddit detectives

>> No.3548722

>>3546763
iggy azalea ends up doing porn who would have thought

>> No.3548745

>>3548386
>The core technology is very real and there's nothing wrong with it

It's slow as molasses and extremely inefficient.

>> No.3548760

>>3548495
Is that really something to worry about? The mindset I see around here is to just pump BTC/ETH into shit even if it's a scamcoin because the "nature of ICOs" or someshit is for them to 10x the first few days after they hit exchanges.

Really starting to wonder if I could actually get like 200k