What happens when a really big bubble bursts? Does people start

>>3074736
oldfags lose their retirement funds while money flows into crypto and PMs

>>3074736
this isn't the stock market, Anon. These coins have their own value. The company can't fail because it's the citizens that hold the coins. It's not like the coin holders can do something to make them less favorable.

>>3074784
But the coin itself has no value. Its not like gold or any other currency

>>3074802
The only value USD has is the promise that when you're done using it you'll pay it back with interest. That's a shit deal, but people still use it, albiet due to massive corruption.

Coins have no value now. They will when big industries start adopting the stuff and they suddenly need to come to you to buy more coins.

>less than 1% of NYSE
>600k participants
>really big

>>3074802
Do people buy things with gold? Do you build with gold? Does it have any use besides being money (other than jewelry, which is just a representation of wealth)? Gold is literally useless, which is why it's good for storing value. You don't consume it, if never degrades or corrodes, and it takes a lot of energy to produce an ounce of gold. Can you explain how bitcoin is any different?

>>3074960
gold is pretty

>>3074960
Well, you use it in electronics but it's still cheaper than many other materials used in the industry and the amount of gold used like that is not significant compared to the total amount or the amount used as a storage of value but technically you are incorrect.

>>3074974
so is C++

>>3075002
Yeah, gold is used in microprocessors because silver tarnishes, but like you said the amount is insignificant. A quick google search will show that silver is largely consumed while gold is hoarded

>>3074784
>It's not like the coin holders can do something to make them less favorable
they sell them

>>3074960
Bitcoin is different because it is vulnerable to being overtaken by better technology which is inevitable.