/biz/ - Business & Finance

[Anonymous No.16612564]

>mfw i find out you're not a bitcoin maximalist

[Anonymous No.16612581]

Bitcoin is headed to 80% dominance again. Alts are not done bleeding

[Anonymous No.16612594]

>>16612564
>>16612581

[Anonymous No.16612613]

>>16612594

[Anonymous No.16612626]

>>16612594
ohnonononono

[Anonymous No.16612645]

>>16612564
Tfw I find out half of Bitcoin’s hashrate comes from a single Chinese providence

YOLO it’s a ‘store of value’ boys

[Anonymous No.16612680]

not a big fan of china. sorry

[Anonymous No.16612696]

>>16612645
>>16612680
HAHAHAHAHAHAHAHAHHAH OH HAHAHAHA
https://bitnodes.earn.com/
https://www.blockchain.com/en/pools

[Anonymous No.16612697]

Imagine investing in crabcoin in 2019. Normies are not buying into the "store of value" narrative either. Talking about digital gold or hard money literally makes you sound like a fucking weirdo and rightfully so.

[Anonymous No.16612703]

>>16612697

[Anonymous No.16612874]

>>16612697
Btc is the whole reason this entire market moves at all

[Anonymous No.16613083]

- Bitcoin used to have more txs than every other coin combined. Anons said that it is king because of that. Now ETH alone does more daily txs.
- Exchanges used to have solely BTC pairs. BTC was supposedly the best because you couldnt get alts without buying BTC first. USDT and ETH are the ones now.
- RSK was supposed to kill Ethereum in early 2017...
- CME futures were supposed to bring institutional investors and pump... started the bear market
- Bakkt was supposed to start the prehalving pump... dumped the market
- Mainstream adoption was supposed to be around the corner... Steam drops BTC support
- Halving is supposed to begin a new bull market... sure, look at LTCs halving

BRRRAAAAAAAPPPPPPP

[Anonymous No.16613101]

$100k eoy 2021

[Anonymous No.16613278]

>>16613083
This lmfao. Bitcoin maxis are coping so hard. When the general public thinks of bitcoin the first image that pops in their mind is a masked bandit with a crowbar or a nigerian prince. The lols are amplified when they go around putting #buybitcoin stickers on the outside of commercial 747's or asking convenience store clerks or small business owners why they don't accept bitcoin. Its super cringy. Bitcoin will be replaced.

[Anonymous No.16613394]

>>16613083
>>16613278
More miserable nocoiners, SAD!

[Anonymous No.16613432]

>>16613394
Im not a nocoiner. I just don't believe in bitboomer. The fact that everyone thinks its going to go to $100k means its not going to go to $100k

[Anonymous No.16613451]

>>16613432
>I just don't believe in bitboomer.
So you’re a nocoiner then.

[Anonymous No.16613477]

>>16613451
Theres other coins besides commie boomer

[Anonymous No.16613510]

>>16612697
>>16613083
>>16613278
I can't believe it's almost 2020 and so many /biz/tards still don't get it.

Why the fuck do you think a crypto's dollar value has to be a function of how many transactions per second it has, or how "useful" it is? LMAO especially at the claim that bitcoin will be "replaced". By what, ripple?

First mover advantage. Widespread adoption. Universal name recognition. Safest / biggest hashrate. Mathematically-guaranteed scarcity. No team of founders with a horde of premined coins dumping their bags all the time. Existing integration with financial and derivatives markets.

Imagine a smart-ass in ancient Babylon who is hoarding tulip bulbs and sea shells because he's convinced that gold is an outdated currency that will soon be replaced by something that's less scarce and more convenient to transact with. That's you and your shitcoins.

Bitcoin's not going anywhere. It will never be replaced. And because it's an actual financial instrument used as an actual store of value, it will continue to dominate the crypto market cap and grow in value. Shitcoins, however, will continue to come and go with no lasting, intrinsic value.

[Anonymous No.16613524]

BTC IS KING AND REAL CUSTODIAL TO CUSTODAIL STORE OF VALUE NOW AND IT ALSO PRODUCES SHITCOINS LIKE BCH AND BSV EVERY 1-2Y HOW CAN YOU REFUTE THIS RETARDS??????

BUY BITCOIN

[Anonymous No.16613633]

>>16613510
>he thinks numbers on a screen controlled by china is the same as gold which has been prized for thousands of years

top kek. you bitfags are delusional.

[Anonymous No.16613694]

>>16613633
I see you
Glowniggy ju

[Anonymous No.16613717]

>>16613477
>Theres other coins besides commie boomer
>implying everything other than bitcoin isn't a shitcoin

[Anonymous No.16613737]

>>16612697
>I FUCKING LOVE GETTING MY SAVINGS DILUTED
>please increase my costs of living, I don't want to look weird!

Pic related - you.

[Anonymous No.16613785]

Imagine explaining to your kids that you were witnessing the rapid monetization of bitcoin during its first 20 years, but you are not rich, because you were the fucking dingus who bought shitcoins instead.

The best thing about 'crypto' is the relentless punishment idiots get. Look at etherfags and their stockholm syndrome, most of them will baghold that flaming pile of dogshit to single digits.

[Anonymous No.16613796]

>>16612564
Not buying your unusable shit.

[Anonymous No.16613827]

>>16613796
can't tell if people are just joking ITT or actually being serious

[Anonymous No.16613903]

>>16613796
>buy BTC with fiat cash at non-KYC bitcoin ATM directly to my lightning wallet
>buy pretty much anything through giftcards at bitrefill
>dont even need a bank account

Yeah bro, completely unusable.

[Anonymous No.16613911]

>>16612564
No smart contracts with Bitcoin.
Certainly no mainstream smart contracts.

All you can do with BTC is send it back and forth.

[Anonymous No.16613920]

>>16613911
>No smart contracts with Bitcoin.
>Certainly no mainstream smart contracts.

>All you can do with BTC is send it back and forth.

bro

[Anonymous No.16613922]

>>16613920
>bro

dude

[Anonymous No.16613924]

just imagine next year no moon frens suicides doubleplus good

[Anonymous No.16613939]

based OP exposing all these retards
yeah guys your premined dev-held shittokens are going to the moon!!!!

>>16613911
amazing post, honestly hope you're being serious

[Anonymous No.16613956]

>>16613939
>amazing post, honestly hope you're being serious
Right back at you.


>"look at me using a decentralized currency, I'm such a cyperpunk teehee :3"
>has to go through customer service, banks, lawyers, ... to do anything more complicated than a manual transfer

[Anonymous No.16613985]

>>16613956
>look at me using a decentralized currency, I'm such a cyperpunk teehee :3
what's the problem with decentralized currencies, exactly?
you like centralized shitcoins?

also,
>has to go through customer service, banks, lawyers, ... to do anything more complicated than a manual transfer
??????
does your country have some fucked up laws concerning crypto?
are we even talking about BTC here?

[Anonymous No.16613996]

>>16613985
>what's the problem with decentralized currencies, exactly?
Nothing.
They do what it says on the box: allow you to manually send X amount from addres Y to address Z in trustless fashion.

>??????
>does your country have some fucked up laws concerning crypto?
lmao

Why do you use a decentralized currency?

>are we even talking about BTC here?
Absolutely.

[Anonymous No.16614001]

>>16613911
>No smart contracts with Bitcoin
Smart contracts have proved very useful. They brought us MKR, and, and, and, and scams, lots of scams.

Cryptos main use is to send back & forth. BTC is the oldest & most secure chain.

[Anonymous No.16614003]

>>16612564
I too am all in BSV, fren

[Anonymous No.16614016]

>>16614003
bsv faggot, begone from my thread. this is a BITCOIN THREAD and Bitcoin Cash Satoshi's Vision is hot stinking shit.

[Anonymous No.16614020]

>>16613278
>asking convenience store clerks or small business owners why they don't accept bitcoin.
This used to be based. Now its equivalent to trying to scam them due to fees.

I sent a normie 1$ to show him BTC the other day. He complained because only $0.8 reachied him.
If he wants to spend it whoever he sends it to will only get $0.6 unless he waits hours for confirmation.

World currency looses 40% on fees when transacting 1$ twice

lmao corecucks are rekt

[Anonymous No.16614037]

>>16614020
yep, $1 billion tx's lose $200 million in tx fees. anon, thanks for enlightening me, bitcoin really is a scam.

[Anonymous No.16614038]

>>16614001
>Smart contracts have proved very useful. They brought us MKR, and, and, and, and scams, lots of scams.
Ever heard of ETH?
And its EEA?

>Cryptos main use is to send back & forth
If you cannot "program" those transactions, you have to use legacy finance systems to do so.
Defeating the entire purpose of decentralization.

Without EXTERNALLY AWARE smart contracts, you cannot even trustlessly schedule a Bitcoin transaction for a certain day or whatever. The absolute most basic stuff.

[Anonymous No.16614039]

>>16614037
I cant wait to bank the unbanked Billionaires in subsaharan africa!

[Anonymous No.16614064]

>>16614020
Now try to do $1 international final settlement through SWIFT.

BTC base layer protocol is not a fucking VISA or Paypal you dense motherfucker.

[Anonymous No.16614076]

>>16614064
>Now try to do $1 international final settlement through SWIFT.
Do you think BTC is competing with SWIFT? :)
Nah I'll use BCH, BSV or even fucking nano and pay less than 0.01

[Anonymous No.16614081]

>>16614038
>>Smart contracts have proved very useful. They brought us MKR, and, and, and, and scams, lots of scams.
>Ever heard of ETH?
>And its EEA?

>>Cryptos main use is to send back & forth
>If you cannot "program" those transactions, you have to use legacy finance systems to do so.
>Defeating the entire purpose of decentralization.

>Without EXTERNALLY AWARE smart contracts, you cannot even trustlessly schedule a Bitcoin transaction for a certain day or whatever. The absolute most basic stuff.

anon, I...

>>16614039
use the lightning network, or develop your own second layer protocol.

[Anonymous No.16614082]

>>16613996
>lmao
>Why do you use a decentralized currency?
I thought you were implying forced KYC for bitcoin purchases

so what's your problem exactly, you want bitcoin to have more features?

[Anonymous No.16614089]

>>16614081
>use the lightning network, or develop your own second layer protocol.
And pay the same fee to open my LN channel :)

[Anonymous No.16614094]

>>16614081
>anon, I...
good post, anon

>so what's your problem exactly, you want bitcoin to have more features?
If not Bitcoin, then another crypto.

I want to be able to "program" transactions at least like you can program fiat via your bank.

[Anonymous No.16614100]

>>16614076
Natural selection. Keel playing with your shitcoins.

[Anonymous No.16614101]

>>16614089
jesus fuck i'm not going through another thread going back and forth with a retard

>>16614094
anon i'm trying to tell you, you're profoundly retarded. i don't think i'm going to make another bitcoin maximalist thread, because it seems to just attract retards. ffs

[Anonymous No.16614112]

>>16614100
>>16614101
>Natural selection. Keel playing with your shitcoins.
>jesus fuck i'm not going through another thread going back and forth with a retard
every time

ask me how I know you are leftists and frequent reddit

[Anonymous No.16614114]

>>16613920
>bro
>>16614081
>anon, I...
>>16614101
>anon i'm trying to tell you, you're profoundly retarded.

Good posts anon.

[Anonymous No.16614128]

>>16614082
>so what's your problem exactly, you want bitcoin to have more features?
If not Bitcoin, then another crypto.

I want to be able to "program" transactions at least like you can program fiat via your bank.

[Anonymous No.16614140]

>I want to be able to "program" transactions at least like you can program fiat via your bank.
so why can't you, you absolute retard?

[Anonymous No.16614144]

>>16614112
i am not a "leftist" you fucking projecting faggot

[Anonymous No.16614147]

>>16614140
Because Bitcoin doesn't really do smart contracts.
Certainly nothing based on external data.

[Anonymous No.16614175]

>>16614076
Gee I dunno

>censorship resistant global protocol for final settlement, with its own absolutely scarce medium of exchange, transaction finality averaging 10 minutes at minimum and every TX forever stored in the ledger

Yep, sounds like a solution for $1 consumer payments!

Anon, just.. Good luck out there.

[Anonymous No.16614223]

>>16614175
>Yep, sounds like a solution for $1 consumer payments!
No reason to keep BTC around when we have it all on non-crippled chains

They will make documentaries about rekt BTC bagholders in a couple years

[Anonymous No.16614230]

I'm a maximalist and have more than 10x'd my HODL stack from swing trading shitcoins. Can't be bothered to buy and sell every day or week. Usually just find good ones and wait a year or so. Here's a tip. Kleros.

[Anonymous No.16614242]

>>16612645

[Anonymous No.16614248]

Lol boomercoin is irrelevant and has no use case purely fueled by speculative bullshit. Just buy LINK - something that actually has plenty of use cases and connects the real world to blockchain. If you understand how huge that is you would already be all in. Fuck king shitcoin and fuck all the btc maxis.

[Anonymous No.16614317]

>>16614223
They already make documentaries about people like you, they are called flat earthers and no amount of logical argumentation or empirical evidence can change their mind. They believe in complicated conspiracy theories and enjoy the feeling of being in on a big secret!

[Anonymous No.16614997]

>>16614248
Link hasn't solved the oracle problem, all they've done is disguise it to fool retards like you

[Anonymous No.16615027]

>>16614997
The "oracle problem" is a paradox.
The ideal oracle is having no oracle at all, but that would imply blockchains aren't immutable.
So because blockchains are immutable (i.e. deterministic), you need oracles.

[Anonymous No.16615085]

>>16612697
they were saying the same before too. they only buy when it gets hyped.

[Anonymous No.16615247]

>>16613737
bitcoin isn't a store of value.
what kind of store of value drops 80% in a year?

[Anonymous No.16615500]

>>16615247
The kind that is still in its early adoption stage and therefore goes through speculative bubbles in the process of monetization.

>'bitcoin was 20k for like 2 hours at the peak hype and corrected 80%, lets just ignore the fact it makes higher lows every year and nobody who held 3+ years ever lost value'

Stop parroting and use your brain.

[Anonymous No.16615603]

>>16615500
>early adoption stage
oh no no no no no no
he STILL believes in the "adoption" meme

[Anonymous No.16615780]

>>16615603
>price +100% YTD
>hashrate ATH
>bakkt ripping ATH volume daily
>so much fiat on the sidelines that Xi sneezing the word 'blockchain' sends the price +40% in 16 hours
>bankers and macro guys getting wet over the S2F model
>overpriced stonks, overpriced bonds, fuck all yield on treasuries, real inflation through the roof

You are right, there is no adoption. 2+2=5

[Anonymous No.16616529]

>>16615247
Imagine being this stupid

[Anonymous No.16616582]

>>16612696
if 3 of those decide to attack the network then BTC will loose all its value and they will gain nothing

[Anonymous No.16616598]

>>16614016
>this is a BITCOIN THREA
bsv is bitcoin your BTC is some airdrop shit you got played retard

[Schiff Will Win !!L6zziHG8/KZ No.16616627]

*ahem*
NO NEW ALL TIME HIGH IN 2 YEARS, DOWN OVER SIXTY PERCENT FROM ALL TIME HIGH
COREKEKS BTFO!

[Anonymous No.16616651]

>>16614081
The anon you're responding to is correct though...

[Schiff Will Win !!L6zziHG8/KZ No.16616689]

>>16615500
>>16616529
>2010 global decentralized transaction device
>2013 global daily deflationary transaction device to buy your coffee
Transaction use died, because the only people using it are using it to buy illegal merchandise
>2016 this will kill the federal reserve, new paradigm system get in while you still can
>2019 its digital gold! Store of value! Just wait til it stabilizes!
Keep COPING while you bleed out idiots

[Anonymous No.16616830]

[Anonymous No.16616846]

>>16612697

[Anonymous No.16616850]

>>16612564