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# ? May 30, 2024 19:41 |
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wid posted:No you don't. You're betting what the price will at 2020 and putting your retirement at it. If you put in twice as much now, then even at 2020 if the price is only half you'd still be able to retire. how much you wanna bet his retirement fund is all bitcoin?
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# ? Mar 25, 2018 03:42 |
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I would blow Dane Cook posted:https://twitter.com/parabolictrav/status/969285451528859648 Bitcoin @ $1,000,000 in 2026.
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# ? Mar 25, 2018 04:00 |
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Domestic Amuse posted:Bitcoin @ $1,000,000 in 2026. $5+ trillion “market value.”
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# ? Mar 25, 2018 04:03 |
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Domestic Amuse posted:Bitcoin @ $1,000,000 in 2026. poo poo, Mcafee's gonna have to eat his dick
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# ? Mar 25, 2018 04:08 |
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Kobayashi posted:$5+ trillion “market value.” lol
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# ? Mar 25, 2018 04:14 |
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But doesn't that make the coin useless? If everyone is paying a thousand bucks per centi-bit or whatever, doesn't it make the market completely inaccessible, and therefore worth considerably less, at the end of the day? Like, I'm no financial genius, but it seems bubbled based on the fact that everyone sees it going up, so everyone trys to jump in, repeat, but there appears to be very little actual market trading for actual things with bitcoin itself other than illegal stuff. The market value seems to completely be ultimately the thing that will kill it off. I await effort posts telling me that i have no idea about how bubbling works, and furthermore
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# ? Mar 25, 2018 04:16 |
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McGiggins posted:But doesn't that make the coin useless? please stop making sense. or as we call it in the biz, spreading FUD
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# ? Mar 25, 2018 04:17 |
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Learn to check your facts before spreading or believing FUD
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# ? Mar 25, 2018 04:31 |
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McGiggins posted:Like, I'm no financial genius, but it seems bubbled based on the fact that everyone sees it going up, so everyone trys to jump in, repeat, but there appears to be very little actual market trading for actual things with bitcoin itself other than illegal stuff. Bitcoin is being deprecated in DNM's because internet drug dealers want to trade their commodity (drugs) for a currency not a speculative commodity. All internet drug dealers need is something that allows their customers to pay them without necessarily revealing the dealer's identity, doesn't go down in price, and can be cashed out. They don't give a gently caress if it's BTC, LTC, or Monero.
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# ? Mar 25, 2018 05:06 |
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Crime on a Dime posted:I hate you all I don’t know u but this is peak comedy. Clicks ? On your post itt. E ah gently caress I fell for a Fyad, a bad on at that. Your no immortal anime Burt Sexual fucked around with this message at 05:21 on Mar 25, 2018 |
# ? Mar 25, 2018 05:08 |
McGiggins posted:But doesn't that make the coin useless?
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# ? Mar 25, 2018 06:04 |
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But oils value is based on its actual useability as an expendable commerce item that is destroyed through use. Bitcoin has no actual use that i can determine other than being a speculation simulation game with real money that also allows you to buy drugs.
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# ? Mar 25, 2018 06:06 |
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I for one would like to thank bitcoin for inventing logarithmic curves
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# ? Mar 25, 2018 06:22 |
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McGiggins posted:But oils value is based on its actual useability as an expendable commerce item that is destroyed through use. Bitcoin is backed by the internet 🙄
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# ? Mar 25, 2018 06:29 |
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I would blow Dane Cook posted:https://twitter.com/parabolictrav/status/969285451528859648 "When I was a little kid, my mother told me not to stare into the sun, so when I was six I did... "
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# ? Mar 25, 2018 06:43 |
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thats a whole lot of words and pictures to say "number can only ever go up"
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# ? Mar 25, 2018 07:00 |
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satoshis law. the price of bitcoin can *only* go up
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# ? Mar 25, 2018 08:09 |
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i analyzed this data of number go up and my findings are: number go up in future too
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# ? Mar 25, 2018 08:23 |
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Uranium 235 posted:Not everything you don't like is a scam Most of the top 100 coins absolutely are scams with no chance of ever seeing anything close to mass adoption. The creators know people in crypto are gullible and are trying to get rich quick launching some half-cocked idea that's enticing enough to get the rubes to "invest". And why would any currently publicly traded token ever be adopted, the idea on it's face is dumb as hell. Fame Douglas fucked around with this message at 08:49 on Mar 25, 2018 |
# ? Mar 25, 2018 08:44 |
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Uranium 235 posted:I think a huge problem in this space is everyone calling the coin/token competing with the one they are invested in a "scam". they're all correct though, and so are the guys saying it about them
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# ? Mar 25, 2018 10:58 |
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https://www.youtube.com/watch?v=GGberGnxiJk&t=1043s 500 T crypto market cap by 2039 nocoiners die
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# ? Mar 25, 2018 11:17 |
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McGiggins posted:But oils value is based on its actual useability as an expendable commerce item that is destroyed through use.
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# ? Mar 25, 2018 11:33 |
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comedyblissoption posted:bitcoin has no utility besides letting men sit in their underwear and promise their wives they are gonna be millionaires Bitcoin is sportsball?
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# ? Mar 25, 2018 12:18 |
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I wholly believe bitcoins current value is anchored in that it's a commodity that is mostly unregulated allowing anyone with some starting capital and knowledge of scams to try their hand at a variety of ancient but usually illegal security scams. The bubbles might pop off and on, but it won't get driven to effective 0 without aggressive worldwide regulation. Numbers only go up I also expect is because crypto key based currency is probably having trouble getting more coins made than are lost from losing keys. But that's wild speculation when the market has the depth of a puddle of piss under the urinal.
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# ? Mar 25, 2018 13:15 |
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ilmucche posted:fudbuddy (UTC+1) - Today at 10:31 AM New bitcoin slogan;- Bitcoin: Why download the blockchain when you can just Tor child porn.
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# ? Mar 25, 2018 13:21 |
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zedprime posted:I wholly believe bitcoins current value is anchored in that it's a commodity that is mostly unregulated allowing anyone with some starting capital and knowledge of scams to try their hand at a variety of ancient but usually illegal security scams. The bubbles might pop off and on, but it won't get driven to effective 0 without aggressive worldwide regulation. As time goes on I'm more inclined to believe that the entire market is propped up by Russian and north Korean money laundering. We already know they've used it to get around sanctions, it's just a question of the extent. These are your 'institutional' buyers, and if tether is backed this is who's buying in. Nothing will get offshore unregulated exchanges shut down quicker than proof that nation states are using them.
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# ? Mar 25, 2018 13:41 |
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Yvershek posted:"When I was a little kid, my mother told me not to stare into the sun, so when I was six I did... " Pi theme instantaneously popped into my head. Thanks!
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# ? Mar 25, 2018 13:48 |
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Andy Dufresne posted:As time goes on I'm more inclined to believe that the entire market is propped up by Russian and north Korean money laundering. We already know they've used it to get around sanctions, it's just a question of the extent. These are your 'institutional' buyers, and if tether is backed this is who's buying in. I like how you're still not done with tether theories, lol, excellent analysis on that one btw, glad you're still on the case. Also I like how seamlessly the story shifted from "China china china miners asics chinese money laundering" to I guess Russia and NK money laundering, top stuff here in GBS getting to the bottom of this shady crypto stuff.
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# ? Mar 25, 2018 13:54 |
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Lol what would you rather I post about in the buttcoin thread? You're clearly knowledge here, please tell me why tether isn't laundering money.
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# ? Mar 25, 2018 14:12 |
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http://www.sixthtone.com/news/1001727/boy-coin-the-worlds-first-fan-made-cryptocurrency
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# ? Mar 25, 2018 14:51 |
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quote:To believe these were legitimately issued and properly backed Tethers, one would also have to believe there was significant activity by large (presumably institutional) investors who wished to speculate in the cryptocurrency space and chose not to go with Coinbase, a U.S.-regulated cryptocurrency exchange based in San Francisco. Instead, these hypothetical investors willingly took on the risk of purchasing cryptocurrencies on unregulated exchanges, in addition to the inherent counterparty risk in Tether. And one has to believe that they did this even though these unregulated exchanges have a history of getting hacked, with customers losing their investments, and are known to facilitate various forms of fraud, including spoofing and wash trading. From lawfare blog
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# ? Mar 25, 2018 15:07 |
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What an excessively long way to write, "You'd have to be an idiot to think this was legit."
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# ? Mar 25, 2018 15:26 |
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I’m the graph that stops in 2014.
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# ? Mar 25, 2018 16:30 |
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Kobayashi posted:I’m the graph that stops in 2014.
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# ? Mar 25, 2018 16:33 |
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Kobayashi posted:I’m the graph that stops in 2014. The graph has a QR code to which you need to send butts. That will make it go up more in the other years.
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# ? Mar 25, 2018 18:02 |
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Ham Sandwiches posted:I like how you're still not done with tether theories, lol, excellent analysis on that one btw, glad you're still on the case. btc-e was directly implicated in being run by and laundering money for the russian mob you dumbshit
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# ? Mar 25, 2018 18:44 |
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QuarkJets posted:btc-e was directly implicated in being run by and laundering money for the russian mob you dumbshit Never forget the 24 hour "maintenance" shortly before he got busted by the cops and everything came tumbling down
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# ? Mar 25, 2018 19:00 |
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I love all the analyses of bitcoin that treat it like some naturally occurring phenomenon to be studied and modeled, like a graph for exponential population growth that says the mass of the descendants of 2 rabbits should have exceeded the mass of the entire Earth by 1976.
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# ? Mar 25, 2018 19:25 |
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# ? May 30, 2024 19:41 |
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Wulfolme posted:I love all the analyses of bitcoin that treat it like some naturally occurring phenomenon to be studied and modeled, like a graph for exponential population growth that says the mass of the descendants of 2 rabbits should have exceeded the mass of the entire Earth by 1976. What do you mean? Rabbits have external controlling factors like wolves and food supplies. Bitcoin doesn't have those. It exists in a bubble, you might say
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# ? Mar 25, 2018 19:35 |