Why would BTC ever go over 5k?? There is no real reason and

Why would you ever suck a dick? WHo knows, but you do it regularly.

>>3450067
its going to 100k

it's going to 1 million

my 5 fucking bitcoins are gonna allow me to retire in 5 years, maximum. and NOBODY IS GONNA TELL ME OTHERWISE. I FUCKIFGN SWEAE TROGT GOD

>>3450067
okay retard, I'll explain it to you

it's really, really simple

you take the market cap
>$68,811,045,120
divided by the circulating supply
>16,561,500
and you get the price
>$4,154.88

easy math, no?

okay, now let's take Apple's market cap, for example
>815.39B
divided by the circulating supply of Bitcoin
>16,561,500
and you get the price
>$49,234.06

when you take the market cap of the S&P500, that's when Bitcoin is in the millions

Currently, the most valuable currency in the world is the Kuwaiti Dinar, with an exchange rate of 1 KWD = 3.32 USD. Can somebody explain how bitcoin is even at 4000 USD right now?

>>3450130
see>>3450119

>>3450119

So if this is correct, holding onto bitcoin and buying low is the key for the next few years to make over 50k and sit on it?

Bitcoin will win if there is another financial crisis.

The ever increasing global debt is the real bubble.

>>3450130

It's a security.. Used as an exchange - not a currency fucknut.

There's only 16.5 million.

>>3450166
But how do you get your bitcoin out before the collapse?

Do you think if there is a collapse, you can just login to your wallet and withdraw somehow?

>>3450119
Apple one is backed by something which is an actual company. Bitcoin is backed by literally nothing

>>3450180
bitcoin is backed by its blockchain technology which you are too much of a brainlet to understand

>>3450119
That's what every single person whose seen the numbers and is bullish on Bitcoin is saying, because its just basic math. The only unanswered question is how wide this paradigm of asset class can go.

I haven't seen a concrete answer to that so assuming that it's going to grow at least for the near future is not some I'm going to bet against. Not investing is betting against the market - if you can't see the end of it, assuming growth is the logical conclusion.

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>>3450180
Bitcoin is backed by myself and all these other people

go fuck yourself

>>3450192
WE ARE LEGION

>>3450180
The fact that you think a currency needs "backing" shows what an emotional retard you are. Bitcoin is a protocol with well-defined expectations. That certainty gives it utility.

What backs gold, figgot?

>>3450189
short it then, faggot

put your money where your stupid mouth is

>>3450189
Even that JP Morgan faggot said it could go to $100k

>>3450187
There is another fork coming, what will happen?

>>3450180
Bitcoin is backed by all cryptocurrency that use its blockchain technology as a basis for whatever it is they do and will only grow over the next few years when more and more of these technologies are up and running and used by average people.

>>3450119
Let's be 100% honest here. When the fuck is bitcoin ever going to reach Apple's market cap? 25 years, 50 years? Too convince Grampa and Gramma to buy Macbooks is a whole different ordeal then to convince them to buy "virtual currency".

>>3450239
5 to 10 years or less, since we're being honest here

>>3450239
>25-50 years
Grandma will be dead

SFYL.

>>3450174
You don't, fuckwit. BTC is worth MORE after the collapse. Think about the total number of dollars that will get printed to spend our way out of the next big crisis. Instant inflation. BTC is a hedge against inflation bc the supply is limited.

Here is basic economics for you op. USD is jew funney money with infinite supply and therefore todays dollars are worth 1 cent in the future, just like in the backtest proofs. btc has finite limited supply and functions as international money therefore btc will equal 400k usd in the future. you dont have to believe anything. just watch

>>3450246
How can it be that soon when there are countries TODAY debating on whether or not to ban bitcoin exchanges. While other governments have no legislation or have no idea what bitcoin is? Be 100% honest. Yes we all hope bitcoin is worth nearly $50,000 in 5 years, but we know that's impossible.

>>3450296
Listen buddy

If there is a collapse, wont the internet stop working?

The power grid goes offline???

I keep wanting to invest in BTC but I keep putting it into ICOs. Though I guess if the tokens 5x-10x then I can just dump them and buy more BTC than I could have originally.. So I guess I might not be fucking it up?

>>3450328
hurf durf who gives a shit. the more btc gets banned the more people think it's awesome and the more it's value goes up

>>3450328
>t. bootlicker

>>3450332
They're talking about a financial collapse like 2008 or the great depression. Not the fucking apocalypse.

>>3450343
>kek

I talked to some discord guys a while back and they think a collapse of the power grid and resources will shut down

Economic collapse = no jobs?

Who will work at the internet companies, who will keep the power running and without security issues?

>>3450187
>>3450192
>>3450202
>>3450221
Not even going to bother writing an explanation why you're all wrong since you're all so sure of yourselves. Remember, just because you want something very bad doesn't mean it's the truth though.

>>3450352
Yeah, because in 2008 the power grid shut down and nobody had a job..

fucking retard

>>3450355
go to bed, grandpa

Don't invest in BTC, if the power grid shuts down then surely you'll be able to withdraw all your cash from the bank.

Oh wait..

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>>3450368
Good point

I'll stop worrying about the Apocalypse

>>3450355
"t. brainlet

>>3450335
Biz is fucking hopeless.

>>3450414
why the fuck are you even here lol

>>3450414
>>>/mlp/

>>3450355
>Remember, just because you want something very bad doesn't mean it's the truth though.
Same to you. :^)

>>3450417
Hoping for some real discussion. I got skin in the game too. But the dillusion some people here have is crazy.

>making bitcoin illegal would just make it more awesome and drive the price up

What a fucking joke.

This thread needs to end.

>>3450299

What guarantees bitcoin will have a limited supply?

What guarantees the price will keep rising?

What's to stop the secret bitcoin creator from just creating more currency while you chucks are left holding the bag?

>>3450437
>>making bitcoin illegal would just make it more awesome and drive the price up

literally the truest statement I've seen on /biz/ since forever

>>3450355
Care to explain what backs USD anon almighty?

>inb4 the government

Also, you are asking a question that has been asked millions of times here. It sure was asked since you were too young to lurk on 4chan.

Please downplay the technology behing Bitcoin and the billions of dollars of free media it has gotten and still getting for years, making it a household name among normies. Please spare us your counter-arguments against those.

>>3450438
You think BTC wont go over 5k?

>>3450448
If the US made all cryptocurrency illegal tomorrow. It would be worth 500 dollars by 2018.

>>3450473
Grammar.

>>3450462
Ofc it's going over 5k. Idk why this conversation needs to take place.

>>3450473
k

>>3450473

Does the federal government actually have the authority to do that?

They would have to break into people homes and force them to hand over the private keys.

When this happens violent revolution is the only option left.

>>3450119
Crypto market cap is not the same as stock market cap. It's notlike there's millions of lost apple shares in frozen accounts that can't trade

>>3450119
This is backwards and stupid. Where would the marketcap ome from then? And the price is being constantly determined based on the movement of this magic number, the market cap?

The price is the what Bitcoin's selling for now. Multipy by supply for marketcap.

Market is a function of price and supply, saying it's the other way around is asinine.

>>3450539
.....which is only making Bitcoin more valuable

>>3450551
https://en.wikipedia.org/wiki/Inverse_(mathematics)

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REEEEEEEEEEEEEEEE
DISBELIEVERS IN THE 1 MILLION DOLLAR BITCOIN GET OUT
YOU'RE NOT WELCOME HERE

>>3450551
This whole thread is asinine.

>>3450437
>>3450444
lol you faggots are so fucking new it's unreal

>>3450187
>>3450202

My my, how little understanding there is of basic economics on /biz/. Color me shocked.

Bitcoin is a digital asset. It exists as bits of data on an electronic network, nothing more. It is worth money because people BELIEVE it's worth money. It has no intrinsic value beyond that. It can be copied and mimicked to infinity, and if the power goes out tomorrow, all your wealth goes *POOF*.

Conversely - companies like Apple, or commodities like gold, are tangible. Apple owns physical property. You can't make more land. Gold is inherently rare throughout the universe. You can't make more of it.

Private tangible property and irreplaceable commodities have, quite literally, thousands of years of history backing their value. Bitcoin has a decade.

It's fine to invest in Bitcoin to make money, but don't be so deluded as to think it's impervious to having zero value. It's not.

Why do nocoiners constantly feel the need to show how ignorant they are by arguing about things they refuse to understand?

>>3450473
Please share your opinions on the fact that if anything as popular (and valued) as BTC is deemed illegal in one country, another one jumps on the opportunity.

Illicit money is forbidden in vast majority of the world, except for a number of countries whose economies are based solely on laundering money. All of these countries have average to above average economies. Same goes for tax havens. If you care, you'll find that the amounts of both illicit money and untaxed money is rising each year, not dropping.

Cat's out of the bag and making it illegal will not work.

>>3450526

>Does the federal government actually have the authority to do that?

Of course they do. But they wouldn't come after you directly, they'd target the institutions that accept BTC as payment.

Your bitcoins won't do you a lick of good if you can't spend them anywhere.

And sure, you could start a "revolution" over it but who would back you? 99.9% of the planet doesn't know or even give a flying fairy fuck what a crypto-currency is. If the government decided to ban them, realistically your only option is to sit and sulk about it.

>>3450659
>You can't make more land
yeah you just start building vertically

>Gold is inherently rare throughout the universe. You can't make more of it
you've been throughout the universe huh?
also, we're going to be able to make literally everything once we have microscopes powerful enough

>>3450659
Bitcoin is a limited asset that I am in complete control of myself. The gov can't take it away. I can transfer it for 5 dollars anywhere in the world without going to a bank. Aside from new coins it can never be diluted.

>>3450659
>You can't make more land.
Oh but you can. At the very least, you can move it around for creating value. You obviously don't live in a country where housing and construction are among the major forces that drive the economy. Filling up the sea to create property onlooking the seaside is a very common thing.

> It exists as bits of data on an electronic network, nothing more.
You also don't have a bank account I guess.

>>3450573
Look I can do that too:
https://en.wikipedia.org/wiki/Market_capitalization
>Market capitalization (market cap) is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding.
Go on any exchange dumbfuck and look, the price is the last tx. IT'S THAT SIMPLE. Supply and demand determines this number. Multiply by the number of coin for marketcap.

>>3450706
Real holocaust when?

>>3450706
>yeah you just start building vertically

You are still restrained by the amount of physical material it takes to build the building, dumbass. There is a finite amount of resources on this planet - THAT is why they have value.

There is nothing to stop anyone from "creating" Bitcoin 2.0, 3.0, and so on.

>>3450703
>he still doesn't understand the concept of decentralization, and the fact that countless institutions in many industries are already obsolete dinosaurs that are on their last legs

stay poor, brainlet boomerfag

>>3450726

>Taking land from one place and moving it to another = creating more land

Are you stupid or what?

>You also don't have a bank account I guess.

Of course I do, and I don't claim the "money" in it has any intrinsic value either. It's all fake.

>>3450742

>boomerfag

I'm 32, numbnuts. Quit being a fruit mold-mustache millennial and recognize the basic forces at work in this world. Government and central banks run the planet. If they wanted cryptos gone they could make it happen inside a week. They have all the money, all the legislators, and all the militaries to back them up. A bunch of sniveling basement dwellers aren't going to change that.

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>>3450355
Word.

>>3450780
But they run the world in a certain way to minimize risk of uprising and etc. Outlawing Bitcoin would be inconsistent with their style of rule but beyond that, unnecessary as they think they can control it without doing so.

>>3450728
I dunno if you know this, but when the market cap goes up, so does the price

....because of supply and demand

>>3450818

You honestly think the world would rise up in open revolution if they banned bitcoins?

Holy shit man...

>>3450780
An old soul born in the wrong century, eh grandpa :^)

Short it then you fucking clueless retarded faggot. Put your money where your big stupid fucking mouth is.

>>3450733
I don't understand your point

and there is a Bitcoin 2.0, 3.0, and so on; they're called "alts" and there are over 1000 of them

>>3450780
If you're 32 you're also a millennial...

>>3450841
The market cap goes up because the value of every coin just went up. This is the most basic dynamic of any market.

Go read some spiderman comics, kid.

>>3450843
Read spiderman.

>>3450209
I am by purchasing Bitcoins.

Even if I'm 95% sure it doesn't mean its the only thing I'm going to get. I need money to do other things today as well.

>>3450683
>>this

I can only take so many of these posts

>>3450908
Bitcoin's market cap goes up when people buy Bitcoin

we're literally talking about the same thing, except I'm trying to explain there's an inverse to the math

..........which is why I linked you that Wiki url on inverse mathematics

>>3450858

Clearly you're too dense to understand what is being debated here. I'm not saying that Bitcoin has no value, I'm saying that it has value for entirely different reasons than you're claiming. It's no different than fiat. Faith in both systems is the only thing that holds them together, beyond that NEITHER of them have any intrinsic value as both are "created" from nothing.

I'm sorry basic common sense eludes you.

>>3450937
so then you're not even arguing a fucking point??

>>3450863
>I don't understand your point

which part?

>and there is a Bitcoin 2.0, 3.0, and so on; they're called "alts" and there are over 1000 of them

I'm aware. And the market cap of all those alts added up exceeds bitcoin twice over and is increasing. This is what I mean with intrinsic value. Bitcoin is not unique and can be replicated. You can't make a Gold 2.0 now can you?

>>3450858
Short it then, right fucking now,

you fucking fuck.

>>3450937

And >>3450858 is saying to short it then, if it has NO VALUE

>>3450180
HAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHA
....
*takes deep breath*

BWAAAAAAAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
go back to your jewtube e-celebs faggot

>>3450970
which is why I don't hodl like a retard and day trade instead

>>3450948

I'm arguing against those who think "muh blockchain" or "muh decentralization" or some other dumb shit is what gives bitcoin it's value. It's not. It's the basic fact that you BELIEVE it has value and there's a bunch of other people who agree with you. Literally no different than fiat.

It's ALL fake money.

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It's all part of the motion in the ocean bb

>>3450937
>"created" from nothing.
1 BTC takes an extraordinary amount of electricity to mine, and there are a limited number that can be mined. This makes it different from FIAT.

why would it ever go above $1? and yet here we are

>>3450937
>>3451008
Thirdly it's not issued by a govt.

>>3451002
the blockchain and the fact that it is decentralized is why it has value in the first place

THEN everyone hopped on board

>>3451002
>Literally no different than fiat.

Is this a troll or are you actually this dumb

>>3451002
That's what gives everything its value. You need to look at what is specific to bitcoin/crypto. It's actually a great product and people have reason to speculate on it beyond just blindly following memes.

>>3451008

*sigh*

You tards don't get it. If it can be replicated, it is NOT unique.

So what if that particular compilation of code only allows for 21 million coins to be created? What stops me from writing a new code that makes 21 million more?

Protip: Nothing. Hence altcoins.

Can you take a bar of gold, write some code, and magically POOF another gold bar into existence?

Nope.

>>3451015

Cryptos: Created from nothing.
Fiat: Created from nothing.

Go on, tell me how they're different.

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>>3451050

>>3451050
If people stop agreeing that gold is valuable, then it loses its value.

>>3451073
Fiat doesn't mean what you think it means,

and like I told you already, BTC's created with massive quantities of electricity.

>>3451085
welp, there you have it

>>3451050
>What stops me from writing a new code that makes 21 million more?

alright faggot, go do that then. come back with a link to your github repository and then we'll see about getting nodes and miners for it and getting it listed on exchanges and backed by institutional/private investors

go ahead, we'll be waiting

>>3451085

What fucking retard made this?

>Highly divisible - moderate

Is there a limit to how many times I can cut something in half?

>cannot be counterfeited - moderate

What, transmutation is a thing now? People are turning lead into gold?

>Easily transactable - low

Jesus Christ there's "we buy gold" something or other every 6 fucking blocks in any city across the USA - and that's ignoring every fucking coin dealer, jewelry dealer, and pawnshop in existence.

Just stop, idiot.

>>3451085

Bitcoin is going to face problems with divisibility and transactability eventually

>>3451139
I hate it when autists don't understand how blockchain works.

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>>3451155

>>3451155

You can't unsheath your gold bar in the store and cut a a piece off to use as payment.

Gold purity and weight measures can be cheated if the buyer isn't wary enough. You could potentially even sell something that isn't gold at all.

>>3451122

>and like I told you already, BTC's created with massive quantities of electricity.

And the equipment furnishing the modern day fiat system runs on what, unicorn farts?


>>3451139

It's not whether --I--- can do it moron, it's the fact that it can be done. Have you not seen coinmarketcap? If bitcoin is so unique and infallible, why the FUCK are there NINE HUNDRED other goddamn cryptos on their stealing it's market share?

>>3451155


>Counterfeit coins are “flooding the market at an astonishing rate,” and compromising the investments of collectors, according to the American Numismatic Association (ANA).

>“It’s a very serious problem and it’s really scary,” said Rod Gillis, ANA’s education director. “With improved technology, the fakes are getting better. It’s gotten to the point where even people who deal with coins all the time may not be able to recognize a counterfeit coin right away.”

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>>3451155
>Is there a limit to how many times I can cut something in half?
At a certain size, gold becomes impractical small.

>>3451155
>What, transmutation is a thing now? People are turning lead into gold?
Chinese produce fake gold coins and bars like crazy.

>>3451155
>>Easily transactable - low
>Jesus Christ there's "we buy gold" something or other every 6 fucking blocks
Try moving just 1 million USD worth of gold from US to China and you will see how easy your transaction goes.

>>3451155
It's all based on an agreement as to Gold's value, and infrastructure. But unlike blockchain, Gold can't provide a world hanging service. Sure gold is used in electronics, but that's not the reason it's worth $1300. Relative to its mrketcap, gold has very little real world utility.

>>3451180
You can print any number you want on a dollar, and print as many as you want. Costs of prodution:
$1 and $2 5.4 cents per note
$5 11.5 cents per note
$10 10.9 cents per note
$20 12.2 cents per note
$50 19.4 cents per note
$100 15.5 cents per note

Why are you so butthurt?

>>3451174
>>3451189

You cannot "counterfeit" gold as you can a dollar or a fucking purse. It's either real or it is not. God it's like I need to draw this shit in crayon for you tards. I'm not going to play semantics.

>>3450328
>countries TODAY debating on whether or not to ban bitcoin exchanges
>kick yourself out of a *illion dollar market

lol okay

>>3451205

>At a certain size, gold becomes impractical small.
As does a bitcoin. Dafuq does 1 satoshi buy me?

>Chinese produce fake gold coins and bars like crazy.

Again, you cannot FAKE gold. You can take certain materials and make them look like gold, or even coat them in gold, but you can't change their chemical properties.

>Try moving just 1 million USD worth of gold from US to China and you will see how easy your transaction goes.

China, a communist nation. Well no fucking shit sherlock. Haven't you read the news? They don't exactly like bitcoins either.

>>3451217

Gold is valuable because it is distinctive and rare.

>>3451222
you're literally insane, dude

you're contradicting yourself left and right

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>>3451222

>>3451251

You can't fake bitcoin, either.

>>3450067
> normies pour in
> basic economics
> more buyer > sellers
> price goes up
> bubble starts at 3 trillion marketcap
> this is just the beginning

>>3451251
China can't stop people from sending btc to wallets that are located in China. At best, the can shut down mining operations which would slow down the blockchain

>>3451266

No, but I can make an exact copy of the code that created bitcoin in the first place.

>>3451253
Every precious metal is distinctive.

Platinum is 15x more rare than gold, maybe you should trade you stash for platinum?

>>3451291
>China can't stop people from sending btc

The hell you say. You really have no idea what China's abilities are relating to electronic communications, do you...

>>3450067
you dumb cunt. Is there a 'real' reason for it to go above $100? Yes... whatever people think its worth is what they will spend on it.

>>3450202
Gold has tangible industrial applications. It's in the integrated circuits in whatever device you wrote this shit comment on.

>>3451329
It hit 4.8k and started dropping

Why would it ever go above 5k?

>>3451336
lmao that's not why the price of gold goes up, don't be an ass

>>3451306

The difference is that gold has thousands of years of history to accrue value and it is YELLOW.

>>3451336
So does platinum and it's 15x more rare than gold

neither provide utility on the scale of bitcoin were it to be mass adopted.

Either if used for dollars would need help to store, send and receive, check if it's real, print certificates, track it online and so on, hereas blockchain does all of these functions automatically

If you have ever worked in a company handling money on business to business (b2b) fiat transactions, you will know how much red tape and bullshit you have to go through just to transfer money locally whether through checks, fund transfers etc. This is even more complicated when transfers are done internationally, not only the time to process payments is longer (and time is money) but the actual costs skyrocket too. Banks and other intermediaries add so much overhead just to ensure an accurate transaction.

The blockchain, through crypto, solves all of that, lowers the costs significantly and increases the speed too. And thats just one application of blockchain tech. Does that not give bitcoin value?

>>3451377
What backs anything? What backs the dollar that we use to assign worth to anything, including gold and bitcoin?Asking for a friend because I might actually be retarded.

>>3451423

Sure, but again it's not unique nor irreplaceable. Bitcoin was simply the first. Other cryptos can (and are) doing exactly what you say much better.

As an example, BTC can't hold a candle to XRP as far as transaction speed and cost goes.

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>>3451437

Military power backs the dollar.

>>3451437

>What backs the dollar that we use to assign worth to anything, including gold and bitcoin?

Intrinsically nothing. But realistically - our military industrial complex which protects the "petro-dollar".

>>3450067
There is no "reason" for it to be at 4 grand.....yet here we are

>>3451455
Yes, that argument is even part of the whitepaper of satoshi and one of the limitations listed in the bitcoin wiki.
But we are talking about what gives value to bitcoin, and its the tech behind it. Currently, BTC is king and one day it might not be, but for now it is the face and highest standard for crypto as a whole as first mover and innovator and the market values that.

>>3451476

Buyers want it because it is valuable, and it is valuable because it is wanted.

>>3451515
Once they regulate it, its ovee r

What are you guys going to do when btc crashes?

>>3451502
I think they have the longest standing impregnable paper wallet, this is why guy

>>3451520
What would regulations mean for btc

>>3451455
It's off putting in an uncanny valley kind of way that you're both somewhat articulate and this braindead. You're like an 85 IQ retarded nagger who understands nothing yet somehow learned proper grammar and spelling.

>>3451738

Do you know why that is? It's because I live in the real world. The one where I don't have this deluded view that bitcoin is anything more than a speculative digital asset that can and most likely will be easily replaced by something far more advanced because that is the very nature of technology.

Your "idol" is nearly a decade old and isn't keeping pace with the demands placed on it's network. It's value is propped up by first-adopter nostalgia and early innovators.

Your attachment to Bitcoin is entirely emotional which is typical of a millennial. While I recognize and will capitalize on it's current value, I am also fully cognizant of the fact that it will not remain king of the crypto world any more than Alta Vista still dominates internet searches.

You'll learn someday.

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>>3450067
>Why would BTC ever go over 5k??

>>3451899
At what point do you concede that you were wrong? When it reaches 50k? 100k? 1M?

>>3452383
Bitcoin is finished and will not even hit 5k again

>>3450659
this is shockingly naive

>It is worth money because people BELIEVE it's worth money
you can apply this to ANYTHING. what you call money can be cash, coins, numbers on a screen, a piece of paper... we actually attach value to them because we recognize how they can be exchanged for other things.
think about your dollar bills. what gives them value? the signature of fed chairman, the fact that the US is the actual ruling empire and that all the most powerful institutions and companies use dollars.
but wait... you remember when we traded shells or stones? this is called evolution. we evolve, and we are revolutionising the way we attach and transfer value.

>It can be copied and mimicked to infinity, and if the power goes out tomorrow, all your wealth goes *POOF*.
Wrong and wrong.
bitcoins cannot be copied and cannot be mimicked, that's the whole point behind it.
If you refer to the fact that the software can be copied, well I suggest you take a look at a FOREX exchange and see how many pairs there are. I don't see any problem with that.

Also, as of speaking, we can send transaction through satellites signals with just an SMS. If you talk about some catastrophic event, well, Apple as well would't have the electricity to function, so your point is moot.

>Private tangible property and irreplaceable commodities have, quite literally, thousands of years of history backing their value
well that's the idea, dumbo.
and what's more tangible than a piece of paper with some words written on? are you thinking about a contract, a cheque, a bill? no, I am talking about your seed word, the key to all your wealth. that IS physical, that IS all your money: you give it away and *poof*, all you're money is gone

>but don't be so deluded as to think it's impervious to having zero value
bitcoin itself might crash and go to zero value, sure. but at that time there would be tens of thousands of better or worse coins, and people would have no problem switching to functional coins

>>3451297
This. Retards are forgetting that Bitcoin can be forked. They think software is immutable.

>>3452520
the blockchain is immutable. what is written in it is you immutable, you retarded fuck.
try to do it again, let's see how you manage to involve millions of people, to convince them to devote their computer power to your software and write a unique, immutable and irreplaceable history of transactions.

it has never been done before in human history, at least appreciate the feat.

>>3452408
Yup, that's right. Everything is going to zero. No one new is going to learn about Bitcoin and want to buy it. There will be no stock crash or debt crisis that makes people look for a safe haven.

It's over boys, pack it up while you still can.

>>3450180
gtfo wagecuck

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>>3450937
common sense and crypto. LOL

enjoy being poor

>>3450458
How about the power of all those fucking Military bases and the biggest defense budget in the world, combined with an Alliance with the Saudi royal family who run opec and the petrol game?

>>3450130
what stops Kuwait from printing more dinars you jackass

>>3452383

I'll admit I'm wrong when I'm paying my electric bill and shopping for groceries with Bitcoin. I don't give a fuck what the price is/has been/will be. Unless you achieve mass adoption it simply doesn't matter. It is a speculative investment. Period.

>>3450174
define collapse

>>3452626
and that's exactly the idea behind bitcoin.
to revoke trust from issuers of fiat (who gain that trust with violence and oppression), and to use a trustless system, where the only difference between individuals is not proximity (crony capitalism, nepotism, insider trading, conflict of interest, ....) but mere access.

>>3450239
the older generations have to die off that can't grasp the tech

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>>3450067
They said BTC will rise again

File: YoBit.Net - PoSWallet (POSW) Exchange.png (21KB, 240x418px) Image search: [Google]

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>>3451457

======

Why would POSW not go over 50K sats?

There is no real reason and all of this is a likely to happen and it will continue to rise.

======

>>3451457

>>3452558
>millions of people

The millions of people are just investors. There are only 9274 NODES. You just need control the majority of the network to fuck up the blockchain.

>>3453238
Shilling your own coin from idiots....