/biz/ - Business & Finance

[Anonymous No.1124887]

Who /can't wait for all the crying on this board when ethereum goes to 0 and all the retards lost their savings/ here?

[Anonymous No.1124888]

>nethercucks

[Anonymous No.1124906]

>>1124888
Ahahahah. I fucking love it. I guess "ethercuck" was successful. You have inspired me to take this outside of /biz/.

[Anonymous No.1124912]

>>1124887

I can't to start seeing the nethercuck posts

>"I knew about ethereum in 2016.. why the fuck didn't I buy??"

[Anonymous No.1124914]

>>1124912
Cucked by their own nethers

[Anonymous No.1124916]

>>1124914

honestly I feel bad for them. one day I might toss them 0.01 ether so they can pay their rent.

[Anonymous No.1124918]

>>1124912
I would never put my money in a shitty currency with no underlying value because I'm not retarded.

>pic related me on /biz/

[Anonymous No.1124920]

>>1124918

that's why you have your money in fiat?

lol stupid kuk

[Anonymous No.1124923]

>>1124918
Like you even have a cent to your name nethercuck

[Anonymous No.1124924]

>>1124912
>>1124914
>being this mad over ethercuck
What are you guys 12? You're making people that actually think Ethereum has a future have a bad name. Go treat this like some pump and dump meme somewhere else.

[Anonymous No.1124927]

>>1124924
Subtle nethercuckery

[Anonymous No.1124947]

>>1124927
Just buy some ethercuck you nethercuck.

[Anonymous No.1124963]

If you think it has no underlying value it's because you haven't done the research

[Anonymous No.1125061]

>>1124963
you didn't post what the underlying value is you cuck. bitcoin is the same deal.

[Anonymous No.1125070]

Ether will go two ways.

It could go to 0, and your loss from investing is finite.

Or it will go to ∞ and your loss from not investing will be ∞.

[Anonymous No.1125072]

>>1124963

I read through that whole infograph, and none of this shit makes any sense to me. Why would you funnel your real money into some fake digital shit that promises you the world on a silver platter? It's like the Bernie Sanders of cash grab schemes.

[Anonymous No.1125074]

>>1125072
>Why would you funnel your real money into some fake digital shit that promises you the world on a silver platter?

that's what people were saying about bitcoin at 50 cents, dumb kuk

[Anonymous No.1125079]

>>1124887
It's ok bro. We have it all under control.

[Anonymous No.1125080]

>>1125074

Who is profiting off of Bitcoin, though?

Can you use Bitcoin at Wal-Mart?

Can you buy groceries with Bitcoin?

Will Bitcoin fill up your gas tank?

Are your Bitcoin assets liquid?

Does anybody really care about this shit beyond cryptonerds who are overvaluing digital farts in the wind?

[Anonymous No.1125081]

>>1125080
yes, you can do all those things, but why should I argue with a dumb nocoiner who already has his mind made up?

[Anonymous No.1125082]

>>1125081
>yes, you can do all those things,

Show me the source that says Wal-Mart accepts Bitcoin.

[Anonymous No.1125085]

>>1125082

[Anonymous No.1125087]

>>1125085

That's not a source.

That's a screenshot of a Google search about shuffling Bitcoins around.

[Anonymous No.1125089]

>>1125087

stay poor

[Anonymous No.1125093]

>>1125080
>He doesn't know you can buy anything you want with bitcoin
>He doesn't know you can buy bitcoin and put it in hedged accounts so the value of your bitcoin does not change
>He doesn't know those spot pricing exchanges like coinjar offer cards that you can use like any debit card instantly changing your hedged account bitcoins or floating bitcoin accounts instantly into money when you swipe it
So to all your ?'s
Yes.
Yes.
Yes.
Yes.
Yes.
Yes if you're talking about technologically educated tech, entrepreneur or finance experts. No if you're talking about Joe Six-pack and his barefoot sundress wearing stay at home wife, but welcome to the frontier of the new global financial order.

[Anonymous No.1125099]

>>1125089

>tips fedora

>>1125093

>welcome to the frontier of the new global financial order.

Fiat currency like Bitcoin is far from the "frontier of the new global financial order."

You can't do anything with Bitcoin because no one important wants it.

[Anonymous No.1125104]

>>1125079
Topkek. Solid work, bro.

[Anonymous No.1125105]

>>1125099
Blockchain is the frontier of the new global financial order dumbass.
Bitcoin = Digital Gold.
Ether = Digital Crude Oil.

[Anonymous No.1125110]

>>1125099
>You can't do anything with Bitcoin because no one important wants it.

That's true. But they do want Ether.

http://www.itworldcanada.com/article/microsoft-brings-ethereum-blockchain-tech-to-the-mainstream/381374

[Anonymous No.1125116]

>>1125105
>Bitcoin = Digital Gold.
>Ether = Digital Crude Oil.

I don't think you even know what you're talking about anymore.

Gold and oil have intrinsic value whereas Bitcoin and Ether have no intrinsic value.

This whole thing is just a digital fart in the wind that you want to throw your money at.

[Anonymous No.1125140]

>>1125116
>Gold and oil have intrinsic value
yes
>Bitcoin and Ether have no intrinsic value
no, you're an idiot and you don't understand where gold's value comes from and you don't understand the Ethereum technology
>"digital fart in the wind"
lol eventually you're going to come around and it will be all too late
You're a Late Majority and best but you seem stubborn enough to be a Laggard

[Anonymous No.1125141]

>>1125140

[Anonymous No.1125150]

>>1125140

>muh bitcoin iz just like gold guys 4 real

Prove that Bitcoin has intrinsic value.

You can't.

>eventually you're going to come around

Nah.

I'd never waste real money on digital shit that's no different from in-game World of Warcraft items.

[Anonymous No.1125162]

>>1125150

Bitcoin has value because people believe it has value and agree to exchange it for things. Just like gold.
>inb4 muh electronics

On top of being a store of value, bitcoin also allows you to transmit monetary value anywhere across the world with low fees.

Now go ahead and post some more buzzwords and epic reaction images .

[Anonymous No.1125180]

>>1125162

>Just like gold.

Wrong.

Gold and dollars have value because we have things like FDIC and 12 aircraft carriers to back them.

Shitcoin and ethercuck have no value because they are backed by nothing, and no one beyond pale, sickly, blog-posting nerds are willing to fight for them.

>bitcoin also allows you to transmit monetary

You can do that at any bank while jumping through far fewer hoops.

Shitcoin is a novelty for geeks that is inherently worthless.

>Now go ahead and post some more buzzwords and epic reaction images .

You make it sound like I needed your permission, kid.

You still haven't proven that shitcoin has intrinsic value, either.

[Anonymous No.1125188]

I'm gonna keep bumping this embarrassing thread until OP kills himself for missing out.

[Anonymous No.1125204]

>>1125180
>rarity
>can't be faked
>believe it has value

this is what makes money

[Anonymous No.1125211]

>tfw shitcoins made me 7 k value already

How rich will I be ?

[Anonymous No.1125213]

>>1125211
we're going 10x on eth at least. probably more.

[Anonymous No.1125223]

>>1125213

Good ;-)

[Anonymous No.1125226]

>>1125223

Jelly. You gonna invest that BTC or let it rot? MAID or XMR might be good.

[Anonymous No.1125230]

>>1125223
i gotta step up my game

[Anonymous No.1125239]

>>1125226

letting it rot because I think it will go up again.
>>1125230
Careful, shitcoins are shitcoins, don't get fooled by meme magic. I take it as a high risk/high fun investment. It isn't much money for me but the eth dream is so fun

[Anonymous No.1125242]

>>1125239

I should also add that I live part time in hong kong which makes it more fun since low taxes

[Anonymous No.1125288]

>>1125180
I bought 20 bitcoins at $0.50/coin. I held it until the value of btc increased to about $1,100 in 2014. Then, using my bitcoin wallet on coinbase.com, I was able to sell my $10 worth of shitcoin for $22,000 (cash fuckin money USD dollars my nigger) and it was directly deposited to my Chase bank account. Do you get it yet? Just because YOU don't see the value in it doesn't mean people haven't already become millionaires off cryptocurrency. Not very many albeit, but that's because there were way more people like you when bitcoin was worth that much money. A lucky (or should I say wise) few became very, VERY rich from the crypto exchange. Looks like it's about to happen again but for a lot more people this time if the majority's speculation is correct. To the moon mother fuckers I wanna get rich af off the 27 eth to my name.

[Anonymous No.1125361]

>>1124887
Me!
>and i dumped $300 into eth lol
>mfw
>true story
>unable to find elmofirebackgroundhailsatan.gif

[Anonymous No.1125393]

>>1125361

[Anonymous No.1125398]

>>1124887
Explain in bullet points the reasons Ethereum might go to 0.

Also, if you believe that, are you shorting it? If not , why? By shorting you would make a fortune.

[Anonymous No.1125399]

>>1124918
>no underlying value
>decentralized platform to build smart contracts, allow programming of decentrilised apps that would reduce costs of common services

Pick one.

[Anonymous No.1125402]

>>1125080
You are forgetting that you can use Bitcoin for more serious things like
>CP
>Drugs
>Assassinations
>Terrorism

You can use ETH for all of that AND build dApps on it.

How the fuck can you say there IS NOT INTRINSIC VALUE?

It is staring you in the face, HELLO SILK ROAD HELLO!

[Anonymous No.1125405]

>>1125150
>Prove that Bitcoin has intrinsic value.
Untraceable with tumbling
Can allow to perform various illegal activities by remaining anonymous
Makes it easier for hackers to extort money

That does not look like intrinsic value to you?
Tell me what does it better? USD? EUR? Western Union? Didn't think so.

Check mate.

[Anonymous No.1125411]

>>1125116
>Gold and oil have intrinsic value
No they don't, fucking idiot. They have extrinsic value, just like any currency you have.

[Anonymous No.1125516]

>>1125288
Bro, that's the story of ETH and XMR. IT happened in BTC.... and it's happening again.

[Anonymous No.1125518]

>>1125516
>XMR

Sorry bro. Thats a coin for fat sweaty mexican pedophiles

[Anonymous No.1125587]

>>1125288
I'll wait when google releases their cryptokeks, then I'll buy, all this fedora bitcoin, ethereum, dogecoin shit is just a tulipfaggotry.

[Anonymous No.1125596]

>>1125411
>oil
>currency

the fuck, only an ethereum thread can spawn so much retards. fucking /pol colonies.

[Anonymous No.1125624]

>>1124887
I've sold all of muh virtural esport game items that I didn't pay a cent for.

MONEY MONEY MONEY wtb FN dragonlore

[Anonymous No.1125626]

Tfw could have bought at 4,5€

[Anonymous No.1125641]

Hey OP how is this working out for you?

[Anonymous No.1125656]

>>1125626
Fucking this, why didn't I buy when it was at 4 just some weeks ago?

[Anonymous No.1125715]

>implying i'm not selling this weekend
IT WILL NOT go above 3.5mil. no chance. nup.

[Anonymous No.1125728]

OVER 3 MILLION

GET READY

[Anonymous No.1125745]

>>1124963
If you think the vast majority of the neets on here investing their GBPs into ethereum actually believe in the technology and aren't just hoping it goes "to the moon" so they can instantly cash out and never say the word ether again, you're delusional.
It's literally a pump and dump. I don't care what technology is behind it.

[Anonymous No.1125746]

>>1125715

youre going to be crying when it hits $100

[Anonymous No.1125751]

>>1125746
psh, yeah maybe in 5 years if it's not replaced by something better.
this incoming dump is gonna be biblical. believe it.
e.g. the IPO details on eth's site said one dude bought 1,000,000 mil ETH.

[Anonymous No.1125780]

>all these morons falling prey to another shitcoin
A sucker born every minute.

[Anonymous No.1125798]

>>1125140
Holy shit you cannot be this retarded. Did you seriously invest in crypto currency? Or are you just a really good troll?

[Anonymous No.1125802]

>>1125288
Show me proof of this. Go to your chase account and give me the stub. I highly doubt this post.

[Anonymous No.1125807]

>>1125802
Omg not this shit again.

Usually its americans raised on fox news that think like this. Enjoy being cucked out of a fortune by your own preconceptions.

>nethercucks
When will they learn?

[Anonymous No.1125818]

>>1125807
> burger detected
Stop whining and buy some ethercuck. Or stay poor.

[Anonymous No.1125857]

>>1125516
Didn't think it would come again... But it has.

Poorfag with 3.63 ETH to my name.
More interested in the compute power I'd have at my disposal, if it were to blow up, if nothing else...

[Anonymous No.1125903]

400,000 dollars worth of buy orders annihilated in the last hour. dump today.

[Anonymous No.1125904]

>>1125399
That isn't a form of universally recognized intrinsic value you fucking retard.

What is it actually worth? Oh yea, nothing. Hence why you faggots are going to lose your savings.

[Anonymous No.1125911]

>>1125751

you think eth is pumped,

the truth is, the normies are just starting to catch on. we havent even gone parabolic yet.

- Most exchanges dont even have eth listed yet
- Many big releases are on the horizon with a solid development team
- Microsoft, ibm, etc all supporting eth
- Chinese aren't even in on it yet

i'd feel bad for you nocoiners if you werent such stubborn idiots

[Anonymous No.1125915]

>>1125904
>Computational power isn't a form of exchangeable worth.
Just. what.

[Anonymous No.1125916]

>>1125904

new disruptive technologies are never embraced with open arms - can you acknowledge that or are you just in full on troll mode? by the time its a 'safe' and 'accepted' investment, it will be too late to make any real money.

[Anonymous No.1125917]

>>1125911
Microsoft is supporting every crypto. Every single blockchain will be offered in their marketplace. IBM is creating their own blockchain. The fact that you have to lie is a sign of desperation.

[Anonymous No.1125928]

>>1125917

the fact that you have to pick one point to dispute and ignore the others is a sign of yours

[Anonymous No.1125933]

>>1125917
Did you know bank consortium R3 is testing 5 blockchains and ETH is the front runner out of all the technologies including IBM and INTEL lol you are a clueless faggot. You think this price increase is all because of nothing? You think this price increase is because a few 4channers were shilled in to buying it?

Clueless faggots.

[Anonymous No.1125945]

>>1125928
The other points are minor which is why I decided not to point them out. But since you asked... the "big releases" comment is vague and means nothing and "china isnt even in on it" just means it hasnt been hyped yet over there. Chinese can already buy eth through poloniex. The tactic of shitcoins is to always change the goalposts to make it seem like there is always "big things on the horizon" so you can keep the hype going. If they realize that eth will be basically the exact same concept as it is in the future then you wouldnt have any leverage to get more people to buy now. Its all so you can get the next guy to buy in higher than you did. Pretty fucking shady.

[Anonymous No.1125949]

>>1125933
>frontrunner
No. They are looking into all the major blockchains including Bitcoin and Ripple. They will use none of these.

[Anonymous No.1125952]

Oh the joy of modern software development practices seeping into my money. Paper and metals are like Win32. Simple, well-understood, works. Now here come the crypto kids, peddling 20 layers of Web frameworks with lots of flash but no substance. Sorry, I don't have time for this shit.

[Anonymous No.1125953]

>>1125949
>he hasnt been reading the news

Kek

[Anonymous No.1125960]

>>1125952

>paper and metals

good luck bro I hope you can outpace inflation

[Anonymous No.1125961]

>>1125953
>says there is news
>doesnt link it
Still nope.

[Anonymous No.1126105]

>>1125960
I'm doing OK with silver, stocks, a small business, and durable goods. I'm not interested in pumping and dumping clock cycles.

[Anonymous No.1126109]

>>1124887
guess who failed to get any coins!

[Anonymous No.1126116]

>>1126109
Meeeeeeee

Thank God. I would hate to have to be here spending all my time shilling it for a couple bucks.

[Anonymous No.1126425]

>>1125903
smart money is getting out now

[Anonymous No.1126521]

>>1124887
Same this is another btc

[Anonymous No.1126554]

>>1124887
>>1124887
yeaaah at last these shills will get divine justice

[Anonymous No.1126620]

will 3 eth bring me wealth?

[Anonymous No.1126665]

>>1126425

Yeah I can't think of a reason not to. Certainly nothing happening in the next 3 days that will likely increase ETH's value.

[Anonymous No.1126693]

>>1126425
kek, smart money got into Ethereum back when it was a dream of a 18 year old Waterloo dropout with pimples and an Easter European accent. The real smart money from the presale days, of which on /biz there are none are in Ethereum to grow the network and make their money on apps, theyre on a whole other level than your average 4chan shill.

[Anonymous No.1126700]

>>1125626
what kind of wallet is that? Is there a wallet where I can hold both real and digital currency?

[Anonymous No.1126702]

>>1126620
no

[Anonymous No.1126716]

>"I knew it was time to sell when my shoeshine boy gave me a stock tip."
-Joseph P. Kennedy, Sr

[Anonymous No.1128119]

>>1126700
its the kraken exchange. according to the screenshot, yes you can hold both currencies in there

[Anonymous No.1128224]

>know nothing about cryptocurrency
>see all this hype over eth
>not sure about buying

if it actually goes where you hope and i was too pussy to buy i might actually kill myself

[Anonymous No.1128243]

>>1128224
So get some you knob. It's staring you right in the face. Ivest a small amount and you could either:

1. Decrease that small amount of money to a fraction of its previous worth

2. Increase it 1000000x over

At this time there is more to suggest the latter will happen. You decide

[Anonymous No.1128290]

>>1128224

The instructions are right fucking in front of you. just buy some and fucking walk away. youve made it this far to /biz/ so quit being a pussy and invest in your future

[Anonymous No.1128898]

>>1124887

Once the collector and whales and insiders deem it a good time to dump it will go down hard. They control most the ETH, they have shills out in full force, the crypto exchanges are in on it and keep their money in bitcoin cold storage. Most the ether was bought at like 20cents and now we have common honest first time coiner folk putting some hard cash into it at 3 to 10 dollars that are really going to suffer. Then we have moon children and shills who probably have like 100 dollars in it and shit up /biz/.

[Anonymous No.1129080]

It has huge potential and huge risk. Why would you put all your savings into it? Diversify fuckers.

[Anonymous No.1129121]

>>1129080
never underestimate the power of human stupidity,,

[Anonymous No.1129268]

>>1128898
Lol clueless. I suppkse the cryptocurrency with more developers than bitcoin has building on the ecosystem and a huge developer conference lined up in china in november is just in it for a pump and dump

Ok then i can see you're not very smart

[Anonymous No.1129322]

>tfw just cashed out my bitcoins I bought 3 years ago.

Ended up losing $500. Happy to be out of the game.

[Anonymous No.1129326]

>>1125087
butthurt