Thread 510081323

boomers btfo

TOTAL BITCOINER VICTORY

>>510081323 (OP)
>market cap

Still not buying your digital bags

>>510081943
>marketcap is irrelevant
brainlet spotted

Oh lawdyy Shiba Inu is gonna rise again and i'm gonna get me sum weed fried chiken and Nikes

>>510082030
>he thinks we're selling
Have fun being a poor person

>>510082094
>asset
>not currency
REAL mask-off decade

>>510081323 (OP)
Nice...very nice...
Now let's see Gold's market cap.

>>510081323 (OP)

Cool what are you going to buy with it?

>nothing, the real economy doesn't accept bitcoin :(

yikes. good luck with that :S

>>510082569
>adoption isn't happening goy
enjoy holding your pesos or whatever they use in Uruguay

>>510081323 (OP)
Bump

>>510081323 (OP)
>imaginary jewish funny money is worth more than a shiny rock
when the capital has no value, what is the economy even for? we need food, shelter, and water. we don't need some nebulous concept of a digital token. we don't need shiny rocks. what are we doing?

>>510082569
bitcoin is more real than your peso lmao

>>510083408
Dubai isn't a serious country though.

And in the end you'll have to have your bitcoin sitting in an exchange that will act as a bank to move around deposits based on crypto wire transfers.

>>510081323 (OP)
The peak is in

>>510084250
Every useful form of “money” in history has been valueless. Beads, sticks, necklaces, pieces of paper, shiny metal discs, all of them have the same thing in common which is that none of them is useful at all in practical terms. Their only worth is an indication of debt between parties.

The best arguments against BTC have to do with the ways it’s bad at this (e.g. the fact that it adds transactions to the chain way too slowly to be useful as a mode of daily exchange), not the fact that “it’s just 1s and 0s” or whatever tardcope people use.

>>510081323 (OP)
>screech about buttcoin being a hedge against 'worthless' fiat
>everything goes to shit just as you and your fellow schizos predict
>people stop going to work because money is now worthless
>power plants shut down
>servers shut down
>your buttcoin hedge literally ceases to exist

>>510084902
>but what if global apocalypse
BTC is distributed by design, you’re talking about a scenario where all computers on Earth go offline. If we hit full Mad Max gold isn’t going to do you much better, you’ll need cans of gasoline

>>510084832
How do you know your 1s and 0s are secure unless you've been using a different anonymous device (not linked to your identity or devices) each time you access your wallet?
I say this under the assumption ISPs and the DoD have access to, and records of, all network traffic and share data a la PRISM.

>inb4 that's retarded
They don't need to crack encryption if they see everything.
They probably have the capability but have chosen not to use it on a grand scale yet

>>510081943
Silver had a market cap of 3 trillion in 1980 when big Macs cost $1.00

Market cap means nothing

>>510082094
>shiny metal
>ai computing
>broken operating system that charges you to save a word document
>overpriced hardware and software company
>monopoly non-competitive vendor that crushed competition by operating at a loss until AWS got a 600 million dollar CIA contract
>electric money
>monopoly non competitive search engine default which now gives such terrible results that it admits shitty search results make it more money because people have to search twice and see twice as many adds, they also make a cell phone OS which tracks everything you do
>shiny metal that tarnishes
>boomer social media and failed VR company
>oil company
there may be a bubble, you also now remember that 2 years ago we almost lost our entire banking system to the tech bubble

>>510081323 (OP)
silver has usecase
BTC is money laundering

you can easily cash out silver. bitcoins.... not so much

>/pol/ still consistently wrong about bitcoin
I live for no coiner seethe

>>510087799
Go to a pawn shop and settle for selling your precious metals for 80% market value vs transfer bitcoin to a cash account for 0 fees.

>>510088121
If you have any meaningful amount of silver its heavy as shit too. Im not talking about 50 silver coins people claim as an investment. if you got real money >1 million youre looking at almost 2000 lbs. why the fuck would i carry that when I can have 10 bitcoins on a ledger with much better price performance

>>510081323 (OP)
lol …. Get rekt… people believe this shit is real lol how fucking lowly mother fucking pieces of shits.

>>510088121
>for 0 fees
lmao

every nocoin seethepost adds a month to my lifespan
I told you fags to buy

>>510081323 (OP)
imagine believing that siilver has a 2.1 trillion market cap
hilarious
that implies 56 BILLION OUNCES available for purchase

>>510088330
do you have any idea how much $1 million in silver actually is.

grok 4 using jewish sources just estimated that there are only 8 billion oz in easily purchased forms. so 1/7th off what that number estimates.
OHH AND DONT FORGET
grok is relying on jewish sources which have an extreme interest in inflating said numbers

>>510082094
>I make Shitcoin #42069
>Two coins issued
>I sell one to myself for a quadrillion dollars
>All other assets BTFO by my quadrillion dollar market cap
>You can't get any
Enjoy being poor.

>>510084832
Based argument haver. Also the fact that the market cap is set on exchanges that don't even use fucking dollars. They pretend that their Tethers are dollars rather than fraudulent derivatives of dollars.
The analogy I use is going to a convenience store next door to a counterfeiting shop and upon seeing the candy prices reaching into the stratosphere, throwing your life savings in, rather than realizing the obvious thing that is going on.

>>510089304
>do you have any idea how much $1 million in silver actually is.
About 75% of a bar of gold?

>>510081323 (OP)
I'll die with my morals thanks, you dragons can die on your big piles of unspendable pixel money.

Only hard assets are valuable.

>>510092039
I bought my house in part through crypto gains.
Now I have a house to store all my silver in, silver which protects me from government retardation.
You can do both.

>>510084627
Yes, of course it isn't.

Most because Dubai is a city, not a country.

>>510082165
How are you rich if you never use (materialize) your imaginary money?

>>510086210
Your 1s and 0s are secure because that's how the cryptography is designed. The weak link, as you of course note, is at the point where the cryptographic protocol intersects the real world. But that's true everywhere. You could just as easily argue that your bank account is not secure because someone could steal your credit card number. Or your gold bars are not secure because someone could break into your house.

Pic related is the "problem" with cryptography, but it's not something that is uniquely a problem for BTC, and it doesn't negate the fundamental problems BTC is designed to solve.

>>510090189
For whatever faults BTC has as a protocol, I'm not really convinced it's just a 10-year bubble that's going pop any day now. It's obvious that it's accomplishing something that needed to be accomplished, and while its high volatility suggests that there's still a LOT of speculation gaming going on there, I doubt it will ever go back to being $5 again.

>>510083408
Let us know once poeples wages are paid in crypto.

what do you guys make of the fact that tether holds humongous gold reserves

you do realize that makes bitcoin a gold derivative, right

>>510088121
>dude I could if I really want
you won't because you can't. bitcoins only sponge money but you never cash out. that's the deal you signed, only cartels and russian mafia really profit from it.

Cryptos purpose is to create Time because real time in the universe doesn't exist (its all space). Crypto creates perfect time as a block which is capable of ideal reason

>>510093944
The problem with bitcoin, or any tech really is age. Technologies become obsolete with time in 100% of cases. How long until Quantum computers Crack open the block-chain? It may already be happening? RSA was officially broken this year with a 5 day turn around time per key.

Silver will never be made obsolete.

>>510081323 (OP)
I’d rather hold silver than an imaginary digital number.

Bitcoin is just digital fiat, it has value because people say it does. It was meant to be this revolutionary currency, but it's just another means for speculators (gamblers) to make money. If you want to do that then go ahead and good luck to you, but let's at least not pretend anymore that it's going to become the new money.

>>510094778
Digital currencies will become the new money. Idk about bitcoin, but digital euro, dollar, ruble etc will be a thing in the near future

>>510081323 (OP)
never ask a cryptotard how much money he has

>>510096233
>Digital currencies will become the new money.
Everything is already 'digital', but state power backs fiat currencies where your shitcoin isn't backed by anything. We suck Americock for the dollar because they are powerful and do cool shit. Nigger.

>>510084307
>bitcoin is more real than your peso lmao

>>510094778
>it has value because people say it does
It has a value in that it can be used on the black market/dark web anonymously, which is not true of other monetary systems.
Most of the value is in speculation sure, but it has a floor - at least until another crypto becomes the dominant black market currency.

>>510081323 (OP)
Bt need electricity, which doesn't have long for this world if you've been paying attention. Maybe 10yrs at the most.

Feel gud being a stacktard

>>510083408
>adoption isn't happening goy
By Yahweh Talmud was right about the goyim.

You're sitting at a poker table you don't understand.

1% of BTC is owned by >90%... it's a rigged game. Hypothetically IF BTC was ever adopted, you wouldn't like the result. It's a blessing to you that it's never going to happen, but tragiccally you don't even realize it.

With a 400:1 paper product to physical reserve comex ratio, that market cap becomes $5.5 billion market cap... It will become unobtanium.

>>510093944
That image is very close to true. Except its 9/10 the feds hitting you with that "wrench", and that "wrench" is called compelled to disclose. They basically jail you till you tell them the password. Once in jail/prison they can make your life hell/torture you for as long as they want, then go to work on your family and friends to make their lives hell as well for further influence on you. The only people who dont break to that standard process is, dead people and people who know they will be tortured in jail for life either way (terrorists, mass shooters, etc)

Everyone must invest in bitcoin to manifest the solar storm event that kills all the grids and the net for good.

>>510082094
Holy shit silver is 38 dollars i shoulda bought more!