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/biz/ - Business & Finance

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51436132 No.51436132 [Reply] [Original]

why are many crypto holders so negative towards miners?
motherfucker we create the issuance and sell it so can buy it

>> No.51436191

It's a scan until miners get their shit together and share those profits with community.

>> No.51436221

>>51436132
class warfare, mining is plutocratic not democratic

>> No.51436227

>>51436191
they share the issuance of the coin with the community, that's how you have coin liquidity to buy

>> No.51436235

>be miner
>pay electricity bill to """work""" to earn coin
>dump coin to pay yourself
remind me again why anyone should buy your bags? What can I do with them, hold them and get diluted while you mine more?

>> No.51436260

more miners mean more coins
more coins mean less value
this isn't that hard to understand

>> No.51436266

>>51436132
Disregard their liberal bullshit
>>51436235
Don't buy them then it's a free market, not that you know what that means PoS commie

>> No.51436288

>>51436260
No miners mean no transactions
no transactions mean infinite (potential) value for coin

>> No.51436307

>>51436288
infinite potential value is the best way to scam these retards.
To the moon! kek

>> No.51436317

>>51436260
>more miners mean more coins
do holders actually believe this? ever heard of difficulty adjustment?

>> No.51436320

>>51436191
Crypto has no profits retard. It’s just an exchange.

>> No.51436333

>>51436260
I disagree. Liquidity is good just like short selling. More Liquidity-> more eventual adoption i.e. more use for the cyber gold.

>> No.51436341

>>51436191
For example: real gold turns into things we can actually fucking use. Crypto doesn’t create or generate anything of physical value. It’s pure speculation spearheaded by CCP and Russian ASIC farms

>> No.51436345

>>51436260
>more miners mean more coins
lmao fucking clueless tards like you should keep their mouth shut

>> No.51436381

>>51436266
>>51436288
cope, miners not needed, mining is about to be rendered obsolete through simple arbitrage
>>51436317
>>51436345
miners don't understand sarcasm either apparently. very grug

>> No.51436412

kek at the minelets coping in this thread. Better sell your GPUs to gamers while they're still worth something!

>> No.51436441

>>51436381
>i-it was sarcasm
>>51436412
stay poor minerlet (as in lacking miners learn too use the word, brainlet)

>> No.51436447

>>51436381
>repeatedly demonstrates total lack of understanding
>heh I'm just pretending to be retarded
I don't believe you

>> No.51436476

>>51436441
I understand you want to feel special about
>muh rigs
but soon my fridge will mine the shitcoins for me. You will disappear

>> No.51436502

>>51436441
>>51436447
why are miners so humorless? I guess because they're about to be broke

>> No.51436641

>>51436235

Holy fuck what a dumb take. Mining = new blocks = continuation of the chain. PoS is less secure, so enjoy rules getting slipped in by the parties with the highest stake, ala do kwon and his multiple wallets he used to vote on changes he wanted. PoS is doomed to corruption, it's just a matter of time.

>> No.51437589

>>51436341

Likes on Instagram are purely virtual but they still provide real life value to those people. Cringe take btw, kill yourself gramps

>> No.51439895
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51439895

>>51436341
>Room temperature IQ: The Post

>> No.51439958

>>51436341
>real gold turns into things we can actually fucking use.

Oh boy, chains to… hold my head on? A ring to… remind me where my finger is?

With market/speculation/reserve removed, gold would be simply scarcity+extraction+industrial value, putting its price similar to that of copper or cobalt.

>> No.51439959

>>51436132
I don’t hate miners.
I just hate communist chinks.

>> No.51440190

>>51436191
what are you a communist faggot? you must be, otherwise you would understand that mining allows transactions to happen, so it is incentivized by minting coins into the wallet of the individual or pool that solved the riddle.

>> No.51440437

>>51436132
you people drive up the cost of GPUs

and yes by you people i mean minerniggers

>> No.51440656
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51440656

>> No.51440710

>>51436132
I already bought. Now if I want to sell, I have to compete with miners already trying to sell. I'd rather not. It's pretty simple, really.

>> No.51442011

>>51436132
Look I just not going to buy it. Uhg, I know.

>> No.51442057

>>51436235
There are levels to being a miner. I operate a small 400sol rig on flux bc I legit like the project. I’m holding coin and don’t need this to pay electric bc I have a big boy job. The “business” and YouTubers are scabs who only see $.