Archived threads in /biz/ - Business & Finance - 3312. page

dgb or eth?

Every crypto is headed south until bitcoin hits 1000-1500$ in several months. Dont let bounces fool you during that time.

>>2774569
Buy BTC and wait 10 years

>>2774569
buy ETH and wait 10 months

>>2774569
Invest into you moms vag

>>2774357
>t. bought plebbit coin

It's pumping finally might be able to get out of this hole

>>2774357
is it ever gonna be on a respectable exchange? I wanna get out of this scam

>>2774301
All strapped ready to go. Will be holding for the next 3 years.

>>2774301
no need to shill it anon, you make it look like a shitcoin

>>2774301
>ICONOMI invested in it and they are partners with CoFound.it
>ICO
therefore it's a scam, all ico-s are a scam
>partners with CoFound.it
therefore it's a scam because cofound.it is a scam

2 flags for a scam, dont buy !11!!11!!

he only mined the first block...
and he never used any of his coins

Most coins is premined to a certain degree. Which is absolutely fine.
It is the amount % of premine that matters.
I.g. Chancoin. The creator premined 9 million coins, which is like a 3rd of all possible coins ever mined.
Now just imagine a single person (satoshi) would hold 7,000,000 BTC. That would be $17,000,000,000 worth of bitcoin. He could (and probably would) crash the whole market at any time to become filthy rich and destroy the project at the cost of all other holders.
Chancoin say they destroyed 3 million coins and distribute the rest to devs. That means (on the btc example) they would destroy $6,000,000,000 and if there are 10 devs, each would still hold more than a billion dollars worth.

Public Mining generally ensures a fair and slow distribution.

>>2774345
Is the Decred premine bad?

>>2774238
>t. doesn't understand the blockchain

>>2774238
crypto is not a bubble, it's a scam

>>2774268
>t. also doesn't understand the blockchain

Right now China is producing 70% of the Bitcoins being mined. But they’re not even covering their cost. So all the players have taken on massive debt speculating that the increase futures values (built on production limits )will bring them back into the Black. Bitcoin is also being used as a hedge against the falling yuan which is artificial demand. So it’s a productive tool only in converting yuan to Bitcoin. ( in effect Yuan is being used to buy energy to create Bitcoin ) Right now there are 15million Bitcoins in circulation maybe more like 16-17 I have old data. But at a 2.5 million annual growth rate the system is at its limit. The difficulty is the calculated iterations involved may make it impossible to generate the last coin. Not that they will stop trying. So in simple terms the value is being determined relative to cost of production ( electrical energy ) without debt included. What happens when the growth ends is a big question. It will depend on whether it maintains its perception of value.

>>2774094
Good thing I'm in on the ground floor

It’s quite likely that like other Ponzi schemes when the growth stops the system will collapse. The reason is as long as it can be produced it has productive value and a pricing mechanism (basically embedded energy, it is interesting to note that Bitcoin is around $2000.00 and the energy required to produce one with CAPEX is around $2000.00) When it can no longer be produced there is no longer a pricing mechanism. So the value becomes pure speculation. Without a floor there is no resistance so the price can drop to zero. This happened in Spain at the height of its power.

>>2774066
>Why aren't more people buying pump and dump shit?
Grow up.

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>>2774080
You are here

I'm making one of these for neutron btw

whats the next coin to moon then if your crystal ball works so well

Go to school.

Cheers. Just got an offer through clearing. Wish me luck.

Start a small business

>>2773994
It's a P&D by the plebs on Twitter

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>>2773997
https://warosu.org/biz/thread/S2594862

*breathes in*


hahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahah

Now buy FRN for the potential 10x. I wont tell you why lol.

Nice, just bought 100 (one hundred) k (k means a thousand)

>markets in a nose dive
>dev says this is young and untested
Sure, OP. Sounds like a really safe hedge right now.

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>>2773907
>Buy my bags

>>2773864
hair lotion

hair straightener

A dildo.

>>2773815
but who's gonna actually use Bitcoin for it's intended purpose when it's so fuckin volatile, fuck I could spend some today and tommorow it could be worth quite a bit more or less because its value is speculative

>>2773815
The USD doesn't fluctuate in value 10% daily so eat a dick

Why would any business take payment in BTC when the change in value can turn an already-made transaction from a profit to a loss overnight?

>>2773840
>>2773859
t. usd bagholders

>btc is volatile in its current stage so it can never be adopted and we will stick to fiat

The rich are only rich when juxtaposed to the poor. They need enough of the poor, since the rich are not inherently valuable. It's like how time can only exist when used as a measure of change between two observer points

>>2773790
because if it were easy then nobody would be rich

>>2773790
Supply and demand

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Bumping with rare Pepes

You need an invite?

Don't post it lads

HODL THE LINE

HODL