what can you buy with bitcoins? people used to pay for pizzas, i don't want to order pizzas

>>512420843 (OP)
>there's finite opportunities

Coinbase is already spending virtual bitcoins at this moment, as long as you keep them on network, 1 virtual bitcoin = 1 BTC plus the transaction goes at light speed, no waiting for the miners to confirm a transaction.

Which means once the Government figures out that's the way to beat bitcoin's giving Goyim the power to save their buying power from the Kike Thieves in Government, the number of IOU1BTC flying around in credit cards will be thousands, then millions, then billions of times the size of actual bitcoins on chain. Eventually only the largest corporations will be allowed to settle the IOU1BTC to actual BTC, and eventually, only the central bank, then you can just dismiss the miners, because the committing of a number to a blockchain, is unnecessary work, I'll keep your bank account balance under control on my computer. And I get to print new bitcoins.

I don't think we've seen the top of Bitcoin yet, but I think we're going to see the Bitcoin Super-Top, that is, we're going to see a price of bitcoin that it will never reach ever again.

And the Government would sooner smash every miner than to let the currency counterfeiting power fall away from Jewish rat fingers.

>>512420843 (OP)
>he missed out and is seething and coping
>he made a bullshit graph with no basis in reality to sneed
>memeflag jeet

>>512420843 (OP)
Until the Satoshi wallet gets dumped and it's worth nothing again.

>>512420923
nothing
its a US$50 transaction fee if you want to pay for something
and thanks to replace by fee(RbF) they won't let you leave the shop until you get a confirmation which will take hours minimum if you paid anything less
BTC is dead long live bitcoin

>>512421410
Eventually people will realize the following and price will quickly go to zero.

- can be perfectly tracked
- can be turned off by governments (restricting internet, electricity)
- can be seized or made useless by governments (as we have seen in some ransomware attacks)
- can be hacked (51% attack for example)
- the government could decide what you are allowed to do with your money (smart contracts).

>>512422197
it will quickly go to zero i agree
it won't be because of any of that shit
it will be because trump(or whoever) uses borrowed printed fiat to buy all tethers btc that they've scraped/stolen from people with their own counterfeit USD (counterfeit counterfeit USD...genius) over the last 10+ years with constant incremental ups and downs

>>512420843 (OP)
> 5 years from now
OH NO BITCOIN CRASHED TO $50,000,000

>>512420843 (OP)
The primary thesis has never been justified. Why should I care how much miners pay for a bitcoin? Why should I subsidize their activity? Taken to the extreme, what idiot will subsidize it? (The answer is going to turn out to be taxpayers btw)
This is where a crypto ecosystem is supposed to fit in the picture, but then just shift the target: why should I choose bitcoin versus shitpoopmemedank? In principle, the underlying hype of shitcoin is equivalent with the support in bitcoin because the thesis is unjustified. The exit strategy of bitcoin is literally ponzi scheme, which is equivalent to pumpudumpu.

>>512420923
Go ahead and don’t invest. Many of us are making a fortune from our BTC and other crypto investments.

>>512422677
Many people make fortunes on stonks. Many make fortunes selling drugs.Some do it playing the lottery. What's your point?

I bought bit coin at 95$ each. What did I miss out on?

>>512422677
Smart people make fortunes in all of them. That’s my point. You don’t ignore an investment opportunity. I have stocks, real estate too. My crypto has outpaced all of them over the past couple years.

>>512420843 (OP)
Notice what happened?
Massive price crashes allowed organisations to buy up the supply.
This is how they're creating a reserve.

Bitcoin is going to stabilise due to the supply being owned by reserves. Or perhaps even central banks themselves.

They don't want a currency outside of the system. That would grant you too much freedom

New Jeetcel thread just dropped!

I bet you'd like to think you're smart and have it all figured out, but I have some very bad news for you. 3% per year is a very lowball floor. As long as they keep printing money the price will accommodate the devaluation of the dollar.

>>512420923
>what can you buy with bitcoins?
Currency tethered to most countries at a later date for a higher value due to fractional reserve banking.

>>512422505
Crazy how well this meme has held up.

>>512420843 (OP)
Explain web3 and why it isn't a jewish scam like I'm ESL.

>>512420843 (OP)
Fuck btc. I'll be buying Monero. Post an address and I'll send you a piece.

>hey you owe me $100, can you Venmo me quick?
>nah why use Venmo when I can just pay ACH fees and wait 3 business days for it to clear to send the money from my checking account to my Coinbase account and then pay an exchange fee to buy Bitcoin and then send the Bitcoin to you by bidding in an open fee auction hoping someone will accept the transaction into the next block that’ll be mined next Tuesday and then maybe it’ll clear if it doesn’t get stuck or lost and you’ll just need to set up a Bitcoin wallet to receive it and then link the wallet to an exchange where you have to send in your ID and link your bank account and then pay exchange fees to cash out by ACH which will take another 3-5 days to clear
>it’s so much better bro

>>512420923
I made my down payment on my house via [spoiler]dollars[/spoiler] exchanged for bitcoin, granted I had to launder it through my parents since the bank wouldn't let me use money involved in crypto for months.

>>512420843 (OP)
Didn’t miss out and still not selling.

>>512420923
Nothing of value. It's not accepted by any tennant. It's literal air, a stepping stone on the way to even more fake money.