Serious Bitcoin is a scam

[Maikowski]

Crypto goyim bought fake internet money with no value. It doesn't have revenues, sales, assets, or profits.

Unlike stocks that have revenues, sell products and generate shareholder value. Your niggercoins will never be worth anything, it's a pyramid scheme for retards. It's not a good storage of wealth, it's volatile and can't be used as money. Before anyone says fiat sucks, you don't invest in fiat currency, you buy growth stocks that will increase in the long term.

 

[Caichan]

In 2026, yes

 

[nazianime]

Always was, it’s just some speculator in a think tank decided to start to pump it. The technology is worthless and electricity intensive. Literally computing random numbers of no value.

But who am I to judge incels making pocket off crypto

 

[nico]

just good to have an unmonitered transactional service.

 

[4sez]

Crypto goyim bought fake internet money with no value. It doesn't have revenues, sales, assets, or profits.

Unlike stocks that have revenues, sell products and generate shareholder value. Your niggercoins will never be worth anything, it's a pyramid scheme for retards. It's not a good storage of wealth, it's volatile and can't be used as money. Before anyone says fiat sucks, you don't invest in fiat currency, you buy growth stocks that will increase in the long term.

Stocks are no better; they fluctuate like crypto does (over the long term, of course) and are inherently another volatile asset, like commodities.
Also, have you forgotten that companies can go bust, and the stock would be worthless? And volatility isn't a bad thing, JFL. It might drop a lot, sure, but it can also come back up and go higher than ever.

 

[4sez]

Always was, it’s just some speculator in a think tank decided to start to pump it. The technology is worthless and electricity intensive. Literally computing random numbers of no value.

Wouldn't that same logic apply to every asset then?

But who am I to judge incels making pocket off crypto

Yeah...

 

[starcrapoo]

It's supposedly superior to gold in every way. Gold can be seized by governments, carrying it around to transact is impractical because of it's weight. You can't melt it down every time you wanna sell portions of it. And it takes time to verify if it's real or mostly gold. With btc it's the opposite of what I just said and the most important thing is it's limited supply whereas more gold could be mined (as well as synthesized one day). So with that said I can see how btc is superior to gold.

Either way, be diversified.

Any asset or commodity could potentially go bust so its better to be diversified.

Also, at this point, it's far more risky to not be exposed to it since major financial institutions have already given it the green light.

Also blockchain technology eliminates the need for middle-men grifters like banks, credit card companies, and big tech. Wall street is gonna move onto the blockchain soon so that they can trade 24/7 as well as make things faster, cheaper, and more secure.

I wouldn't count crypto out at all.

Just be diversified and you'll be good in the long haul.

Smart money, aka the mega rich are already salivating after what happened today because they get the opportunity to buy at ultra cheap prices. "buy when there's blood in the markets" something to that effect is a very real thing in finance and the best time to get in. Because everything will eventually recover a lot from the lows of where we're currently at.

 

[Emba]

It's time to buy the dip!

 

[Goofygoober007]

Crypto goyim bought fake internet money with no value. It doesn't have revenues, sales, assets, or profits.

Unlike stocks that have revenues, sell products and generate shareholder value. Your niggercoins will never be worth anything, it's a pyramid scheme for retards. It's not a good storage of wealth, it's volatile and can't be used as money. Before anyone says fiat sucks, you don't invest in fiat currency, you buy growth stocks that will increase in the long term.

All of the lights go out so does bitcoin there will always be uses for gold and silver though lol.

 

[starcrapoo]

All of the lights go out so does bitcoin there will always be uses for gold and silver though lol.

In an apocalyptic scenario, bitcoin goes to zero because there would be no electricity to power the miners and validators. Without those, the hash rate would go down compromising the security of the bitcoin network.

Then again, in this same apocalyptic scenario, ammo, food, and water would be more valuable than gold.

There could be in theory, a dictator or dictator(s) that own nuclear power plants which they could use to power the bitcoin network, run the miners, validators, and increase it's hash rate.

There would be dictators that own water purification plants as well as dictators that own silver, gold, or rare earth metals which are useful for electronics and robots.

My guess in this hypothetical scenario would be that they would transact in bitcoin between each other to facilitate those trades between ammo, food, water, silver, gold, and rare earth metals. The citizens of these dictators would try their best to earn bitcoin to secure privileges in the government for themselves and their families. Essentially it would be the ultimate form of currency for humanity that transcends borders and could be transacted near instantaneously as opposed to carrying large quantities of gold, silver, ammo, food, or water around.

 

[LeFrenchCel]

Water

 

[ConvertedAryanSpic]

Fuck bitcoin, I'm putting my life savings in gold and silver bars and coins, all it takes for bitcoin to be destroyed is a massive blackout.

 

[xoxo_404]

Funny how people with no idea say things like this, I've been making thousands since I learnt about cryptocurrency

 

[IWWorkER]

I'm putting my life savings in gold and silver

I did this a few years ago, no regrets