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/biz/ - Business & Finance

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File: 163 KB, 1040x1391, bitcoin is partyhats.png [View same] [iqdb] [saucenao] [google]
8640929 No.8640929 [Reply] [Original]

>tfw you have seen the light
>tfw everyone is freaking out posting pink wojaks and you're just laughing at them

Fucking losers lol do you even understand what crypto is? You think this matters? You think the road to victory is easy?

Goku's trip along Snake Way was long and treacherous, and many times he almost thought he was there but in the end he wasn't. But he got there eventually and everything turned out exactly how it was going to

You think this is going to just go away? You think because this is happening right now, the entire financial services industry isn't going to be made obsolete anymore?

Just relax you stupid fucks because if you understand, you understand and agree with me, and if you don't, you don't. Get fucked cucks

>> No.8641118

All veterans know this. Let the new fags feel miserable.

>> No.8641161

Thanks just bought 0.001 hats

>> No.8641216

newfag just became enlightened. thanks OP

>> No.8641319

>>8640929
>goku's trip
479 episodes

>> No.8641570
File: 56 KB, 780x554, vbeSSBi.jpg [View same] [iqdb] [saucenao] [google]
8641570

>>8640929
Bitcoin is like the financial singularity. Historians will look back in 1,000 years and consider its invention to be on par with the invention of written language. It's not just a cool fad, don't let the silly name "Bitcoin" fool you. This is truly revolutionary from a game theoretical perspective and will 100% change everything about the way humanity operates.

We are organizing ourselves more like an ant colony, where individuals follow simple rules and complex emergent behaviors form. And we are using cryptocurrencies as our subconscious pheromone system for group arrangement and coordination

Cryptocurrencies are the answer to the prisoner's dilemma. They give us a way to not rat each other out while simultaneously all acting as we are expected to act - greedily.

Bitcoin's success is the first ever economic system whose utility, robustness, and value strengthens, the more greedy people get. The first system that assumes humans will be humans, instead of assuming they will work hard to play nicely together instead of cheating. Bitcoin assumes you will cheat from the beginning, and it doesn't let you

Bitcoin is the most important invention of this century. If you understand this, you don't care whether it crashes to $100

>> No.8641610
File: 1.08 MB, 1544x938, LINK adoption.png [View same] [iqdb] [saucenao] [google]
8641610

>>8641570

>> No.8641612

ok i read the comparison of hat to bitcoin. you are saying just btc? or both btc and bch? and where do alts fit in? would you recommend solely buying bitcoin or having some alts too?

>> No.8641645

>>8641612
BCH does not fit in, it's a centralized shitcoin anon designed specifically to let Jihan Wu continuing to profit off his custom ASICs that he didn't want to become obsolete. It's kept alive by people who don't understand the technology

It technically includes all finite supply cryptocurrencies, and Bitcoin is the main one. Bitcoin is not going to go away, ignore the people shilling alts.

It's just Bitcoin anon.

>> No.8641649

D E L U S I O N
E
L
U
S
I
O
N

>> No.8641661

>>8641570
I don't get it. How does cryptos solve the prisoner's dilemma?

>> No.8641669

>>8641645
interesting. i noticed btc is in a long term downtrend. how can you explain this then?

>> No.8641690

>>8641612
BCASH is BTC from last year except its development going forward will be done by morons. What a deal right

>> No.8641701

>>8641669
There's no explanation needed, except for you to explain why you have such a low IQ

>> No.8641718

>>8641661
The prisoners dilemma hinges on trust. BTC (and soon smart contrats) are designed to minimise trust.

>> No.8641721

>>8641701
well considering you claim that btc is the only one with value and to stay away from alts, yet btc has been losing ground to alts substantially over the years, it is you who needs to explain

>> No.8641723

>>8641669
wew

>> No.8641734

>>8641718
But the prisoners dilemma is based on the premise that they have no way of contacting each other.
If you are gonna bring in technology cellphones can solve it too.

>> No.8641749

>>8641734
No, cell phones cannot solve it because it's not trustless

>You have to trust what the other person is saying
>You have to trust that they trust what you're saying
>You have to trust that they believe that you trust what they're saying
>You have to trust that they trust that you believe that they trust what you're saying

The list can go on forever. Bitcoin eliminates it through Nakamoto Consensus.

>> No.8641754
File: 162 KB, 384x383, 341130421033240.png [View same] [iqdb] [saucenao] [google]
8641754

>>8641701
>explain why you have such a low IQ
lol btfo how many stinkers you got

>> No.8641783

>>8640929
KEK OFFERS PROTECTION

>DO NOT BELIEVE "THEIR" LIES

KEK OFFERS PROTECTION

>IF YOU SELL IT IS YOUR OWN DEMISE!

>> No.8641792

you can wear party hats as a status symbol, how the fuck would you do that with bitcoin. bogus analogy

>> No.8641797

babababa uhn uh g-gokuu baba bab babaaaa Bi bitcoin gO UP!!

>> No.8641802

>>8641754
None, I don't invest in useless shitcoins

>> No.8641814
File: 564 KB, 989x742, 330412011304232.jpg [View same] [iqdb] [saucenao] [google]
8641814

>>8641802
lol stay poor edgelord

>> No.8641874

>>8641570
>the prisoner's dilemma
lel, you're just trying to sound smart by referencing terms like this. you fail to realize that crypto is still too chaotic since now there are more variables added: exchanges, dev teams, gov't intervention, banks and hedge funds who can easily manipulate price.
you're talking as if 100% of all crypto buyers/sellers are regular men at their computers like you and me, when in fact that's far from the truth...what the fuck is going to happen once gov't starts cracking down on exchanges and regulating dev teams. what will happen if more hacks occur, or bugs, or confusing forks. if anything crypto and smart cuntracts just make the prisoner's dilem WORSE because now there are more fucking "agents" involved.
look faggot, we're all anons here. i don't know or care who you are. i'm here just to get laughs and good info. you're just posting bullshit to stroke your ego. this sort of post would've been helpful when btc was pricing under $1000...now it's overly priced and its been dropping...everyone including grandmothers have heard about btc now. it's no longer in the early adoption stage. it's in the middle "holy fuck whats happening its so chaotic" stage. if you have balls and stomach then stick with it. if not, then just recognize that it will take time to actually function like great tech and a great currency.

here's a fun exercise, go look up DMX, he's a nigUSA rapper who just got sentenced 1 year in prison for tax avoidance. he was cashing checks, depositing into other people's bank accounts, and not reporting full earnings...he was using only cash for his expenses...and basically trying to make it look like he doesn't earn a lot. guess what happened. he got caught. so this fucker, using cash, and checks, got caught...and if someone tries to do that with crypto, eventually the gov't will figure it out too (there was also someone caught for selling/buying btc using localbitcoins and they nailed him for operating without license.

>> No.8641894

>>8641874
Lots of words there anon but you didnt organise them very well

>> No.8641908
File: 9 KB, 217x233, rs2client_2017-09-12_18-28-00.png [View same] [iqdb] [saucenao] [google]
8641908

>>8640929

I started playing RS again for a period of 2 months and went from having 300m to 4B, I lost it all in a few minutes and stopped playing.

fun fact though

like half a year ago when this happened a blue partyhat was

>25B

yeah, and the gold price is 1$ per 7m giving it a usd value 3.5k

kinda crazy right?

>> No.8641936

>>8641908
25b now? What the fuck? I dumped mine at like 4b

>> No.8642094

>>8641570
I've been articulating this in my mind, but not as concise and clear as you have been, for that, thank you.

>> No.8642112

>>8641874
You fucking dumb, or this is elaborate fud.

Fuck fud, gimme truth.

>> No.8642130

i've heard of people paying millions for paintings, just to add them to their private collections and possibly never be seen in public again.
Regardless of being able to boast about ownership of said items or not, people love to collect dumb shit.
It all still feels iffy.

>> No.8642131

>>8641908

eh 3.5k isn't that much compared to some skins in csgo/dota 2

>> No.8642149

Fuck, that Runescape thread wasn't even a year ago. Feels like a million eons.

>> No.8642150

>>8642130
Art = money laundering

>> No.8642192

Jeez, I can't wait until we finally get back to March 2017 levels so that all these so called self-proclaimed "oldfags" who did not have enough IQ to cash out in December start kicking themselves