whats the point of shitty cryptocoins can you buy anything with

Hint: there isn't one.

It's nothing but people speculating with shills taking actual money from bagholders.

>>1958981
>t. Idiot who knows nothing about markets

>>1958979
You will be able to spend litecoin in the real world very soon.

>>1958979
just speculation right now, use throwaway money and when you win youll beat yourself up over not being balls deep

>>1959098
Stay mad crypto-fag. Cryptocoins, especially alts, generate no revenue, give you no claim to assets, and are rarely used to actually carry out transactions. The value comes almost entirely from people pumping money in hoping it will go "to the moon" so they can cash out and do it all over again with another shit coin.

>>1958979

Those are shitty shitcoins though

BTC is the only real coin. It will be here long after you're left bagholding

You're just gambling on penny stocks with alts

>>1959101
No you won't

>>1958979
You can't buy shit with those shitcoins. They have no marketable value.

It's just shills and fucking scammers taking money from bagholders, exactly what the first guy said.

After you buy it, there's no way to exchange it, nor anything you can buy. The only way to sell is to shill it on /biz/ like a fucking scammer. Expecting wagesucks with wetdreams to take it off you.

>>1959134

Yes you will.

>>1959168
I'll believe that shit when I see it, and drugs and gambling don't count.

File: AX9j5wweha_OHCJgDaEbE7YQpxtvhPGkcQb5tQfeZiQ.jpg (100KB, 1024x576px) Image search: [Google]

100KB, 1024x576px

>>1959173
does paying bills count?

>>1959185
If it works and isn't just converting LTC back to AUD.

>>1958981
Litecoin is accepted in a lot of places, for example you can buy VPNs etc.

The other are memecoins.

>>1959189
What's the problem if they convert to AUD? you got what you wanted paying with LTC dumbass.

>>1959418
>VPNs
*yawn* Let me know when the grocery store starts taking it.
>>1959421
No, you got what you wanted paying with AUD. It's effectively the same as selling your LTC and then buying what you wanted with actual currency. That still leaves LTC as pure speculation.

>>1959128
Stay mad commodity-fag. Commodities, especially metals, generate no revenue, give you no claim to assets, and are rarely used to actually carry out transactions. The value comes almost entirely from people pumping money in hoping it will go "to the moon" so they can cash out and do it all over again with another shit commodity.

>>1958979

Just made another 1200 USD today alone with ARK and IOC, money is why we fuck with crypto, you think we really care about the functionality? Maybe later things will correct but make hay while the sun shines mate.

>>1959425
Good luck paying for groceries with gold, silver, bonds, stocks, goats, or anything other than cash or credit. You can trade for some physical things with BitBay but the market is very small at the moment. Otherwise you're only going to be buying online services and dumb shit like that until crypto becomes more than a far away fantasy for normalfags.

>>1960355
you mean you sold those coins for $?

>>1960349
>raw materials generate no revenue

surely he wasn't serious

>>1961241
There is literally a bitcoin debit card

>>1961241
All you're doing is proving my point. Cash is actually money that you can directly use to buy goods and services. Stocks and bonds are productive assets that serve as investments. Gold, silver, and goats are commodities that have industrial / agricultural use.

Altcoins aren't money. Altcoins aren't investments. Altcoins barely serve as a commodity. They're just speculative trash.

>>1961347
Yeah but the service just turns your coin into fiat and gives that to the retailer. Anon above is talking about retailers taking coin directly.

>>1961530
All investments are speculative. Otherwise everyone has already jumped on board and pushed the price up, or you're inside trading. Many coins are ponzi scams, but some really aren't. The market is so saturated with scams it's hard to see what's real, but a few coins will fill real niches and get actual use. These are investments because you're putting money down to support a coin, mine for it, stake, market, or whatever, and in exchange you'll turn a profit when the coin gains traction. See: Bitcoin, Etherium, Monero, and recently Pivx. More will come as flaws are found in existing coins or a new niche is discovered. Some of the coins you see as a scam will turn out to be real. Crypto has a strong future.

>>1961779
You can speculate on investment vehicles, but the fact remains that some things are investments and some things aren't, at least in a meaningful sense. When you buy stock you own a piece of a revenue-generate company. When you buy bonds you have a claim on the same. Coins do not generate revenue.