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51512627 No.51512627 [Reply] [Original]

>12 years later
>still no use case, no real-world adoption, and a volatility that makes it useless for everyday payments

>> No.51512662

>>51512627
It was hype driven by people who got rich quick and a bunch of depressed near suicidal modern day men stuck in the rat race looking for an escape. All in all a perfect storm for something like this to succeed for a while. There's a reason it has been a post-2008 crisis phenomenon.

>> No.51512713

>>51512627
>and a volatility that makes it useless for everyday payments
because you are stuck in the "dollars are real and have intrinsic value" mindset.

if someone sells a banana for 1 satoshi then they sell it for one satoshi. if more and more people start to buy and sell using bitcoin as unit of account. then that becomes how you measure.

brainlet

>> No.51512733

>>51512627
>12 years later
>hundreds of peer reviewed articles
>thousands of university lectures
>tens of thousands for one coin
>millions of holders
>people still dont understand why its worth what it is today, and why its still undervalued

>> No.51512741

>>51512713
>if more and more people start
but they won't because they see BTC as a get rich quick scheme rather than a currency.

>> No.51512742

>>51512713
I don't think he's stuck in that mindset. I think he doubts it can ever truly become the unit of account like you're describing.

>> No.51512744

>>51512713
no banana growers would be dumb enough to accept payment in Bitcoin

>> No.51512747

>>51512733
yeah. im actually glad people still don't get it. when the masses finally do. no one will want to exchange any dollar, euro or other national shitcoin for satoshis ever again

>> No.51512754

>>51512733
holy shit. peer reviewed articles. just like the safe and effective vaccine.

>> No.51512767
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51512767

>>51512733
>>hundreds of peer reviewed articles

>> No.51512770
File: 112 KB, 225x528, magician_pepe.gif [View same] [iqdb] [saucenao] [google]
51512770

>>51512733
>>51512627
>>51512744
are you samefagging?

>> No.51512772

>>51512741
And BTC proponents are their own worst enemy. The day we measure the value of dollars in BTC is the day BTC is king. But instead they keep celebrating the value of BTC in dollars thereby reinforcing the current mindset. This instills a get rich quick (in dollars) mentality.

>> No.51512781

>>51512770
those are all my posts, queer

>> No.51512783

>>51512744
imagine if banana growers 7 years ago accepted bitcoin instead of whatever shitcurrency they did. WOW!!!! no banana grower would be that dumb!!!!!

>> No.51512829

>>51512783
The problem is the vast majority of people see this as how many dollars they could have made by selling the BTC rather than how many more bananas they could reinvest their BTC in. The dollar is still the psychological center of the axis here and as successful as BTC is it has yet to dent that.

>> No.51512863

>>51512829
>> the vast majority of people are retarded
yes, they took the vaccine.

>> No.51512903

>>51512829
the vast majority of people think that the vaccine is safe and effective, that dollars is the only/best unit of account and that democracy will make competent political leaders get elected.
such is the way of the plebs. but eventually the real valuable assets come through and then they buy at the top.

>> No.51512909

>>51512713
you are stuck in the ‚dollar not real‘ mindset while your shittercorn is bleeding out anally

>> No.51512911

>>51512627
>what is transfering money
kys

>> No.51512938

>>51512909
Money isn't real. but we'll need to go through another few millennia before it dissapears. the best thing we got right now is Bitcoin. its a step in the right direction, money creation out of the hands of centralized controllers. we'll run with that a few hundred or thousand years and then money will disappear cause its a SCAM

>> No.51513012

>12 years later
>still working as intended
>not a single issue with it that isn't human error by a dumbass user.
The speculative bubble has nothing to do with bitcoin, its purpose or its actual use.

>> No.51513022

>>51512627
Most definitely a decentralized pyramid scheme. The only way to "make gainz" is if you sell to someone else for a higher price, and then THEY can only make money if they sell to someone at a higher price.
Eventually, you run out of people with enough cash to buy.
There's no utility or value creation, only trying to sell to the next bagholder. The very definition of a speculative asset bubble. Same as literally every single one that came before it (tulip bulbs, gold, silver, beanie babies, comic books, baseball cards, video games, funk pops, houses, tech stocks, pianos, etc.

>> No.51513062

>>51512627
people like you will always be poor

>> No.51513096

>>51512829
>The problem is the vast majority of people see this as how many dollars they could have made by selling the BTC rather than how many more bananas they could reinvest their BTC in

you can't buy bananas with bitcoin

>> No.51513133

>>51513096
if im a banana farmer I can accept bitcoin inexchange for bananas. youretard

>> No.51515466

>>51512627
>12 years later still does not know
i mean, nigga just kill your self

>> No.51515507

>>51513022
Yea and it’s propelled by the debt standard. Are you dumb or just stupid? Keep burying that cash you risk averse beta bitch

>> No.51515593

>>51512754
Back to your containment board schizo

>> No.51515612

>>51515593
um, the science has changed, sweaty. try and keep up (with your boosters).

>> No.51516777
File: 1.20 MB, 1024x1024, KingPepe.png [View same] [iqdb] [saucenao] [google]
51516777

>>51512713
>1 magic bean = 1 magic bean, because it just does okay!

>> No.51516818

>>51513022
> tulip bulbs
How long did that last anyway?

>> No.51517633

>>51512662
>reason it has been a post-2008 crisis phenomenon
lmao unironically this, but youre a complete retard.

post-2008 people have woken up to the fact that our money is broken and worthless, and it was the literal impetus for satoshi's whitepaper.

chancellor on brink of second bailout for banks.

>> No.51517734

>>51512627
>volatility that makes it useless for everyday payments

Bitcoin is actually pretty stable compared to the market. It's the value of Dollars that is the real issue

>> No.51518034

>>51513133
and yet,12 years later, none of them do and none have any plans to.. What do they know that you don't?

>> No.51519685

>>51513022
>everything is a bubble
>everything is a bubble
>everything is a bubble
>zero
>zero
>zero
You have a problem my fren

>> No.51520522

>>51512627

Watch there be a huge crypto pump this next presidential election when there are a ton of transactions, and a ton of money is being thrown around like its always thrown around during an election year. Shit is going to pump like crazy.

>> No.51520556

>>51512627
>12 years later
>anon still mad he didn't buy
>anon is still poor and doesn't drive
STAY POOR