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/biz/ - Business & Finance

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File: 32 KB, 500x536, bitcoin tulip mania 1_0.jpg [View same] [iqdb] [saucenao] [google]
7823074 No.7823074 [Reply] [Original]

Hard truths to swallow

>crypro coins WILL NEVER BE USED BY ANYONE

>these coins' value is sustained only by hype

>the technology behind it will probably too NEVER be used by anyone since it's automated/unregulated like torrents

>I am fuck buddies with the mother of a NEET crypto investor like you guys (he is late 20's like me)

>> No.7823146

>Bitcoin is bearish
>LOL THIS IS THE END OF YOU BUBBLE YOU ARE FUCKED

>Bitcoin is bullish
>LOL YOU WILL BE FUCKED SOON

>> No.7823152

Congrats. I've seen and read some retarded shit on biz before, but you sir are the king downer of them all.

>> No.7823211

>>7823074
>these coins' value is sustained only by hype

On zerohedge , about a week ago, there was an article that showed a table of holdings by size. The vast majority of bitcoin holdings have never seen the market -- they are held by the originators or very early players, with billions of value. If they were in play, the dilution would be thousandfold and the coins nearly worthless. Scarce, they are not. Waiting, they apparently are.

I daresay that other coins have the same phenomena....pure ponzi for the originators, if only they can dribble out enough to cash in somewhat before the masses wise up.

>> No.7823228

>>7823074
if its a bubble ehy are so many companies investing in btc/eth etc.. mining in the us? you can also buy shares of them, why would someone make such a big investment if crypto isnt here to stay.. i used to be a bear, i think btc will crash to 10k or whatever but not under.. i do think we might see 50k this year..

>> No.7823285

FUCK YOU
WAT DOES THIS CREEPY IDIOT SAY??
DOESNT EVEN NOW HOW BLOCKCHAIN TECHNOLOGY WORKS MAYBE YOU SHOULD LEARN WHAT A BITCOIN IS BEFORE YOU OPEN YOU STUPID MOUTH
BANKS IS SCARED AND CRYPTO WILL BE WORTH MILLIONS IN 2019
IDIOT YOU NOW NOTHING !!!!
>>7823074

>> No.7823331

>can't get any girls so he goes for crusty old women

nice one dude have fun being poor and fucking old hags

>> No.7823359

>>7823211
you gotta admire them for hodlin even during the 1st bubble burst of bitcoin. i think they wont risk it again and cash the fuck out when the next bubble pops

i think the gentlemans' agreement is to pump to $20,000

>> No.7823398

>>7823331
you have NO idea how good of a dick sucker a milf can be. It will scar you for life. you just have NO IDEA

>> No.7823957

>amazon.com not pictured

>> No.7824039

>>7823957
amazon's service is used by millions.

monkey coin service used by 12 people worldwide buying weed

>> No.7824328

>>7823074
nice blog post faggot. who gives a flying fucking shit what you think will happen with cryptos? nobody here gives 2 shits what you think. Either post something crypto related, or buy crypto or get the fuck out of the way faggot. We are making money while your salty ass bitch sits there and pouts for missing out. Die faggot

>> No.7824399

>>7824328
>We are making money

NOT UNTIL YOU TURN IT TO FIAT AND TRANSFER IT TO ----YOUR--- BANK

good luck with that :^)

>> No.7824432

>>7823398
You should post this on r/ihavesex

>> No.7824471

>>7823074
>crypro coins WILL NEVER BE USED BY ANYONE
I already used it, therefore I single-handedly invalidated your argument.

>> No.7824475

>>7824399
>NOT UNTIL YOU TURN IT TO FIAT AND TRANSFER IT TO ----YOUR--- BANK
already have you stupid waste of fucking air. your mother should have swallowed your stupid ass when your dad blew his load all over her. I can't imagine what it would feel like raising a stupid sub human downsy piece of shit like you and feeling the shame and embarrassment your parents must feel for having a piece of shit so stupid as you as their child. Must hurt real fucking bad to be so fucking stupid

>> No.7824512

>>7823152
this is a new level of fucking awful. i really hope OP dies in a fire.

>> No.7824516

>>7823359
>>7823211
you retards don't realize they didn't do it for an investment, they did it because they believe in it you fucking dipshits.
faggots like you are why the price is so wild, they are holding until things are priced in bitcoin, no matter what the price is in fucking worthless dollar toilet paper.

>> No.7824533

>>7823074
do banks pay morons like you to spread this crap? take poland for example: https://www.cointelligence.com/content/poland-secretly-paid-youtubers-to-attack-at-cryptocurrencies/

>> No.7824537

>>7823398
actually we do have an idea, your mom could suck a golf ball through a garden hose

>> No.7824600

>>7824399

I cashed out 80k last year lmao

>> No.7824636

>>7824600
>last year

try this year :^)

Banks are dropping support by the day one by one

>> No.7824732
File: 28 KB, 337x404, 1268891287892.jpg [View same] [iqdb] [saucenao] [google]
7824732

>>7824516
>they are holding until things are priced in bitcoin

Stay delusional, things will never be priced in bitcoin.

>> No.7824734

>>7824636
>banks are dropping support for having USD transfer to them
Imagine being this stupid. It's painful to imagine.

>> No.7824762

>>7824636
Nothing to say for yourself you fucking sub human scumbag piece of shit? you are literally worse than dog shit, scumbag of all scumbag, you're so fucking stupid and corrupt it is embedded in your DNA, a fucking planned parenthood wouldn't even suck your shitty ass out of your moms stank cunt and throw you into a blender for cells because you are too fucking stupid to even do research on, it would compromise humanity in fear of spreading the specific retardation you have you sub human piece of shit. You belong in the fucking toilet next to piles of shit.

>> No.7824833

>>7824762
TLDR wow we got an edgy teen. all I got to say is that me and your mother are fuck buddies and will continue to be :^)

you seem very keen on defending crypto :^) looks like someone needs to reassure himself

>> No.7824929
File: 303 KB, 598x714, 1516976681006.jpg [View same] [iqdb] [saucenao] [google]
7824929

>>7823074
Literally the most retarded graph ever posted on this site

>Years Around Bubble Peak

YOU CAN ONLY CALL THE PEAK OF A BUBBLE AFTER IT'S FUCKING POPPED YOU RETARDS. I COULD TAKE THE CHART OF ANY EMERGING MARKET SINCE THE BEGINNING OF TIME AND MAKE IT LINE UP WITH THE '0' AND IT WOULD LOOK LIKE A BUBBLE ABOUT TO POP! I COULD HAVE PUT BITCOIN ON THERE AS IT LOOKED IN 2014, 2015, 2016, 2017, 2018 AND THEY WOULD ALL LOOK LIKE BUBBLES AT THEIR PEAK!

>> No.7824944

>>7823074

Tulip. Mania. Never. Happened. It's. A. Fucking. Myth.

>> No.7824973
File: 51 KB, 801x801, 1519066368319.png [View same] [iqdb] [saucenao] [google]
7824973

>>7824929
>>7824762

you both need to end your lives.

take apple stock vs bitcoin stock

apple stock keeps its value coz it has real world use

the secret lies in the attached image

>> No.7824993

>>7823074

damn, you should tell all of these huge institutional investors my man, they would probably be interested to hear about it

>> No.7825012

>>7824516

This

>> No.7825049
File: 33 KB, 760x400, download.jpg [View same] [iqdb] [saucenao] [google]
7825049

>>7823074
it is the mother of all babbles

>> No.7825100

>>7825049
yes it is. biggest transfer of wealth (from newfags to oldfags)

>>7824993
they are riding the bubble like most of /biz/

>> No.7825112

>>7824973
fuck you

>> No.7825121

>>7824732
sure thing bud. keep telling yourself that.

>> No.7825125

>>7823211
>The vast majority of bitcoin holdings have never seen the market -- they are held by the originators or very early players, with billions of value. If they were in play, the dilution would be thousandfold and the coins nearly worthless. Scarce, they are not. Waiting, they apparently are.

But they are not waiting to sell, that's the point. I remember how one early adopter explained that how he is running a full node for philosophical reasons, and that he will never ever sell his bitcoins. He will HODL until bitcoin will be a world currency, and until then he doesn't give a shit what the BTC price is. And there are many of those people, they take it as their life mission to make BTC succeed no matter what, it's like a cult, a religion. People like to spread FUD about how those whales will suddenly dump one day and that will make the bitcoin "crash", but so far they failed to identify those people who will actually do that. We see just the opposite trend, they hold and even increase their stakes.

>> No.7825168

>>7823211
Here’s something you’re too retarded to figure out. Minimum half those coins are lost forever. Member when btc was really easy to mine but people thought it would never make it past a half cent? Those are the coins that got lost, or deleted, or forgotten....they’re gone now. There’s probably millions of coins that will never see the light of Day

>> No.7825215

>>7825168

The estimation is that 3.8M is lost.

>> No.7825223

>>7823074
Have fun getting fucked by that NEET's father

>> No.7825297

>>7825168
>Here’s something you’re too retarded to figure out.

Ahh, dude anyone that has spent more then 15 minutes looking into btc knows this, you are exposing you sub sub Saharan iq by this statement.

>> No.7825298

>>7824973

replied, you evil bastard.

>> No.7825322
File: 7 KB, 259x194, sdfgdsfoad.jpg [View same] [iqdb] [saucenao] [google]
7825322

>>7825223
good luck with that. his wife is a professional cheater and the NEET i talked to him. i know he is a 4channer. (BTW Hi Josh you dipshit)

between me and the bedroom door there are 2 locked doors and a window nearby where i can escape. feels good man

>> No.7825325
File: 14 KB, 248x189, download.jpg [View same] [iqdb] [saucenao] [google]
7825325

>>7823074

> I am fuck buddies with the mother of a NEET crypto investor like you guys (he is late 20's like me)

> Fucks degenerate boomers and think they know about crypto

>> No.7825381
File: 925 KB, 3000x4080, 1496790957085.jpg [View same] [iqdb] [saucenao] [google]
7825381

>>7823074
>>7823074
It's absolutely ridiculous compare bubbles like these. Even the term bubble is an absolute joke, everything is bubble.

You have "tech bubble there" well how much nasdaq is now? 3 times it was at "bubble"? How about real estate, 3 times it was 10 years ago, during "bubble"...

I cant believe even people like roubini post shit like this on his twitter all the time, true monkey tier economics

>> No.7825407
File: 853 KB, 854x525, cardanolambo.png [View same] [iqdb] [saucenao] [google]
7825407

>> No.7825428

>>7825325
>> Fucks degenerate boomers and think they know about crypto

hahah thats a new one. just coz i fuck a boomer dont mean i dont know crypto. her son knows (my age)

>> No.7825471
File: 1.32 MB, 2560x1440, 1516327199965.jpg [View same] [iqdb] [saucenao] [google]
7825471

Bitcoin is the king and is not going anywhere.
>Fundamentally the most robust cryptocurrency
>Product that works (inb4 muh fees/network congestion)
>Most, if not all experts agree that there is no "bitcoin killer"

Even if you had something else that was fully decentralized and 10x the throughput as BTC it would not overtake BTC. Same as if you had something that was 10x less cost to transact. PoS is bullshit and cannot be implemented effectively, PoW is the most secure way of protecting the network

>> No.7825480
File: 201 KB, 359x359, 1445516611279.png [View same] [iqdb] [saucenao] [google]
7825480

>>7823074
>false
>false
>false
>fucking old ladies
HAH
GAY

>> No.7825494

This is the worlds most useless graph because the x axis is multiples of starting price. BTC started near 0 while the other bubbles did not.

>> No.7825513

>>7825494
shhhhhhhhhhhhhh

you'll make the price go higher

>> No.7825850

>>7823398
Its the maternal instinct
Ans the thirst of feeling young and sexy again

>> No.7825895

>>7824516
The meaning of crypto will be washed out once it is used by the masses but that wont matter. Its like nobody knows how to make internet but everybody uses it

>> No.7825922

>>7824732
Currently EVERY national fiat currency has a price in bitcoin ;)

>> No.7825998
File: 65 KB, 411x594, Clouds+Sils+Maria+Press+Conference+67th+Annual+AdSqnCY9bTRl.jpg [View same] [iqdb] [saucenao] [google]
7825998

what is the average life span of fiat currency?

it is 27 years. that is pretty horrible. i doubt euro will be around in 20 years either... europe they cancel countries currency at least once a generation

>> No.7826231
File: 41 KB, 950x877, 1518906702413.jpg [View same] [iqdb] [saucenao] [google]
7826231

>>7824516
>priced in bitcoin

>> No.7826244

>>7825215
3.8m coins or dollar? I’m sure you mean coins in which case I believe that

>> No.7826266

>>7824973
she's already dead you fucking cunt

>> No.7826313

>>7824732
using smug anime pictures in 2018
confirmed manchild
confirmed for not making it
try again next time fag

>> No.7826357

>>7823074
Post pics of the mom or you have no arguments.

>> No.7826392
File: 33 KB, 286x400, 1511713565639.jpg [View same] [iqdb] [saucenao] [google]
7826392

Ha, top kek loser. My bitcoin visa card says you're an idiot>>7823074

>> No.7826430

>>7825428
You certainly don't know how to write.

>> No.7826437

>>7823074
>bitcoin obituaries.jpg
Better and smarter than you have played this game and lost. Looking towards your short liquidation in bitmexREKT, ape.

>> No.7826448

>>7823074
why are stocks shown from 2009 but bitcoin from 2014 lol?

>> No.7826723

>>7825428
This is honestly a really good boomer larp

>> No.7826961
File: 39 KB, 1048x662, 923826a6.jpg [View same] [iqdb] [saucenao] [google]
7826961

>>7825049

try again

>> No.7826996

>>7823211
lol

>> No.7827162

>>7825922
checked

>> No.7827220

>>7826961
Because the tulips were such a big a market, right? So that means it wasn't a bubble too :)

>> No.7827249

>boomer wants crypto to fail so it can keep younger generations under its heel.

wow, this is news to me.

>> No.7827263
File: 3.48 MB, 480x292, Opisafag.gif [View same] [iqdb] [saucenao] [google]
7827263

>>7823074
Hard truth to swallow (For OP):

>> No.7827305

>>7826961

kek are you really comparing the market caps as a means to prove something isn't a bubble

>> No.7827349

>>7827220
>tulips in 1700
>cost 1 tulip 1 silver coin
>that 1 silver coin is 1 billion now