Are we all just trading nothing?

Lunatick
Lunatick

Finish every day a couple thousand euros richer
This is accomplished by making common sense decisions
And barely risky leaps here and there
This keeps happening for others
Literally hundreds of thousands of fiat currency ammassed by individuals
But it doesn't come from customers
There is no service
No product
All the gains come from speculators dumber or unluckier than you
Trading Tokens for non-existent and incomplete services for which there is no completion in sight and that would work better without crypto as their currency anyway

Anyone else /ennui/ in here? It just feels...so empty.
Mind you, I'm not saying I'm feeling "guilty" or anything for stealing for people dumber than me. I just feel like...I'm producing nothing. And neither are they.
People often joke about brokers and bankers making their living out of trading air, but this is on a whole new level

There is currently NO coin on the whole alt market that has an actual service connected to it that's used by people and in which the currency is actually used to buy services or products
Not a single one

All urls found in this thread:

veekyforums.com/thread/2384682/business
etherscan.io/chart/ethersupply
blockchain.info/stats
youtube.com/watch?v=hAQA_29Htts

Carnalpleasure
Carnalpleasure

Parkcoin.

RavySnake
RavySnake

Someone should make EnnuiCoin, SartreCoin and P^hilosophyCoin

New_Cliche
New_Cliche

This is the meme economy for you.

Nude_Bikergirl
Nude_Bikergirl

Feel free to stop larping at anytime. Every coin is in the red today, including yours, and its time to stop pretending faggot. You lost big time today like everyone else today, and anything else out of your mouth is billshit

Evil_kitten
Evil_kitten

There is currently NO coin on the whole alt market that has an actual service connected to it that's used by people and in which the currency is actually used to buy services or products
Not yet. This is the lunatic fringe era of crypto. Entirely speculation. The price of each security is determined by potential alone, and god damn crypto has a lot of potential.
The internet is only 25 years old, for fuck's sake.

SomethingNew
SomethingNew

HODLING ALL my cash in ETH like a BAWS

w8t4u
w8t4u

Every coin is in the red today
take your own "stop larping" advice you retard

Gigastrength
Gigastrength

STEEM

RavySnake
RavySnake

Every coin is in the red today
Yeah, no.
And even if it was, by some disastrous market-wide crash, you can still be in the green if nothing crashed lower than your buy.

As for the other parts of the post (You kow, the ones that actually mattered), you didn't refute any of them

It doesn't really do anything that a wide audience wants yet though. Nor is it being used as a 'service' more than a speculation tool.
Might as well claim that WINGS has a working service because you can make shitcoins on it.

New_Cliche
New_Cliche

Its still very early in the world of crypto, its still in its infancy.

Once projects are finally up and running you will finally be able to utilize your coins up to their full potential and with much more ease. Crypto is going to be revolutionary, this is just the beginning.

Firespawn
Firespawn

If you don't want your money, give it to me...
What the fuck is wrong with you op

TurtleCat
TurtleCat

It just seems so stupid to have the coins distributed like this in the first place.
It goes completely against any way of making a system work, with whale manipulation making services unusable when the price is subject to wild variations at the whims of "Big" players (In quotes since it's still pathetic amounts of money in comparison to 'real' rich people)

Even if a system goes up AFTER this, they have shot themselves in the foot, with normal customers being caught in a storm they know nothing about

Fuzzy_Logic
Fuzzy_Logic

NEM, and XRP are actually being used, right now by banks.

Poker_Star
Poker_Star

Essentially this. Sure, at the moment its all a bit of a speculative shitshow, but pretending that no crypto is valuable in any way is absurd. Some cryptos already have use value, like XMR and BTC, but others like ETH and new projects derive most or all of their exchange value from the expected use value in the future. Crypto will undeniably have a role in the future, the potential of a distributed ledger for computing, financial services and data storage is too high for it to disappear as some fad. I'm not saying it will become the new world currency, but its unreasonable to expect it to suddenly go away

Methnerd
Methnerd

There is currently NO coin on the whole alt market that has an actual service connected to it that's used by people and in which the currency is actually used to buy services or products
Not a single one

uhhhh. sia has a full working storage service that you can use right now. It's still in development but you can host your harddrive space and you can upload files onto someone elses. I'm pretty sure that is a service faggot.

SniperGod
SniperGod

It just seems so stupid to have the coins distributed like this in the first place.
it's stupid now, but the coins have to be in a bunch of people's hands for them to start using them

if the US only had 1,000,000 USD in circulation, no one would hardly use it since it's not spread out enough

CouchChiller
CouchChiller

No one understands how this is going to play out, it's all new ground. We're taking entirely new markets, entirely new use cases for currency, and entirely new transfers of value.
I've been listening to Letstalkbitcoin and neocash and I can barely keep up. The space is developing by the day, no one knows what it's going to look like in the future.
Before Amazon we still had big box stores packed to the brim, basically warehouses posing as shops. You can only get that kind of feeling at a home depot these days, they turned into glorified showrooms.
That's just information flow. This is financial flow, you're talking any investment, anywhere on the planet, anonymously, nigh instant in some cases, and completely secure and democratically controlled.
I think we're talking about new national economies, crypto economies. Instead of forex, everything will become cryptex. It's too useful and fast versus credit cards and stores value much better.
I bet there's going to be cryptocredit, if there isn't already, further expanding the financial usage.

AwesomeTucker
AwesomeTucker

This is a good post. It is stupid, OP. It is insane.

It's insane that I made today what I would make in a week at my (bretty gud) wagecuck job.

But the world has no real meaning. Economies are fabrications, collective agreements based on greed and cowardice.

That to me is what crypto teaches, or reinforces-- that life is a joke.

It's important to have interests outside of crypto, some meaning to ground your existence in. This is all just hilariously, impossibly profitable nonsense.

Ignoramus
Ignoramus

Come on OP, you don't see the marketability of coins like First Blood or Sia?

Cryptocurrency (and decentralization) does provide a legitimate and innovative means of allowing up and coming developers to undercut large corporations in fields that were previously limited to massive corps. (Ie. Cloud storage or e-sport gambling services)

You now have the opportunity to invest in these companies and their mission with your own money, not in the irrational virtue signaling way that Kickstarter allows you to, but in a way that will benefit you and the company.

happy_sad
happy_sad

It's important to have interests outside of crypto

This has been my crux for the past weeks.
I used to be happy with my translation job making me 30k a year, and I valued stuff around me with money, since it's the most convenient meter of judgement.
But it's like crypto has made everything retroactively worthless. I can't value things the same on that scale now that I know that a dumbfuck looking at the right shill can triple his money in a week, and do it without even needing too much luck.

Carnalpleasure
Carnalpleasure

Damn I want to make good crypto gains. Only thing I've done was buy a bitcoin when it was 200.
So at least I made a few thousands.

SniperGod
SniperGod

Sports gambling crypto.

Now THERE'S AN IDEA

Raving_Cute
Raving_Cute

and do it without even needing too much luck
Please teach me your ways. I don't care if it makes me cynical.

Evil_kitten
Evil_kitten

I think that's a thing with bitcoin already. Plus, it could probably be shut down in the US so only works if it's really popular in other countries without pussy gambling laws.

lostmypassword
lostmypassword

I fail to see the distinction between this and forex trading.
The same criticisms could be made about forex.

Skullbone
Skullbone

Forex is just a value exchange, you're trying to speculate and make money off of others, yes.
But Cryptos try to pretend they're part of an actual service, which makes the absence of practical use more noticeable.

LuckyDusty
LuckyDusty

The only reason whale manipulation is even possible is because the amount of money in crypto is so fucking ridiculously small.

Market cap of all coins is 100 billion. Market cap of TD Bank is 120 billion.

I've said this before but I'll say it again: Not world markets, not the NASDAQ, not the TSX, not the big 5 Canadian banks, not even ONE Canadian bank. All coins less than one leaf bank.

That's how early we are.

Garbage Can Lid
Garbage Can Lid

Bazinga

massdebater
massdebater

1% own 90% of fiat
Bitcoin and etherium has too many people holding supply guize!

idontknow
idontknow

Well I'm in Australia and sports gambling here is massive. Just absolutely fucking huge. Even if you only took 0.01% of the market, you'd still be rolling in around 225 million.

likme
likme

Yeah I've been expecting it to crash hard for like two weeks now, so far it just keeps going up

Is it just that more people are coming in to hold onto our bags? Maybe

Deadlyinx
Deadlyinx

IT'S CALLED HODL COIN FAGGOT

YOU HODL UNTIL THE NORMIES RAISE THE VALUE TO 1 GORRILLION

THEN WE LAMBO NOW SENPAI

PackManBrainlure
PackManBrainlure

apple has 250bb usd cash on hand

Booteefool
Booteefool

I made 200k yesterday and it felt like I was selling magic fucking beans to idiots. None of this shit has any value, just always remember that and try stay ahead of the curve and you can profit

viagrandad
viagrandad

Nice. I was planning a trip there one day, I'll put that on my list.

kizzmybutt
kizzmybutt

We're early investors in a new and unknown technology. We should be getting huge rewards because it's huge risk.

SomethingNew
SomethingNew

^^he's right, you know.

Garbage Can Lid
Garbage Can Lid

every day a couple thousand euros richer

Why do LARPing poorfags on this board always make these silly claims without any sort of proof whatsoever? Is it because that proof doesn't exist?

How hard is it to screencap your trading account or wallet showing these thousands of euros you are making every single day?

takes2long
takes2long

I made 200k yesterday

Ok prove it, show us something or else stfu. I find it funny how whenever someone actually posts their wallet it has like $100 in it.

Wheres the timestamped photo with your lambo?

kizzmybutt
kizzmybutt

lmao what reality are you living in?

BunnyJinx
BunnyJinx

Well if you think about it there isn't a way to prove it without leaking private details about yourself. I could post my trade account history but that can be shopped; I could sign a message from a Bitcoin wallet with 100 Bitcoins but I sold all my coins. The only way to prove it is to reveal private details about yourself and its an anonymous forum where all you get in return for doing so is respect from some kid. Does that seem like a fair trade to you?

In any case, I'm asking for anything. Believe me or don't

SniperGod
SniperGod

Are you trading with high amounts or are you just making insanely good trades? How long did it take you to get to this point? Any advice?

JunkTop
JunkTop

I could post my trade account history but that can be shopped

It could be shooped, anything can. The point is, it would be time consuming to fake, and if real would take you 1 second to do, while blacking out any identifying information.

You don't want to take that 1 second to screencap it, because your claims aren't true, or you don't want to have to waste your time shopping it if its not true. Either way, obviously you have nothing worth showing.

where all you get in return for doing so is respect from some kid

Yet you are the one making claims of making 200k in a single day, what is the point of even making this claim then?

Believe me or don't

Ok, i don't and neither should anyone else, which means you should stfu

King_Martha
King_Martha

BUY NGR HODL

TurtleCat
TurtleCat

asking for advice from someone who is full of shit

HI GUIZ I MAKE 100 MILLION YESTERDAY BUT I CANT SHOW U ANYTHING JUST BELIEVE ME

Evilember
Evilember

imblyign im not up in 24hr
not even in eth jej

StonedTime
StonedTime

DONT TRUST EM

BUY BITCOIN
veekyforums.com/thread/2384682/business

PurpleCharger
PurpleCharger

Sia actually does offer a product and ETH is a foundation for products to be built on top of.

Sia seeks to compete against Amazon, Dropbox, etc. for decentralized cloud storage.

Firespawn
Firespawn

Sia has a dogshit product that no one uses or will ever use

RavySnake
RavySnake

DICE is one of the only cryptos out right now with a fully functional product, and their market cap is only 10m which is dirt cheap compared to all the other cryptos out there. Literally the only reason it isnt 150m+ is because it's only traded on etherdelta at the moment.

Crazy_Nice
Crazy_Nice

why do you say that?

SniperWish
SniperWish

Gratz, at least someone with a brain who woke up to this bullshit.

This all thing is a huge pump and scam. There is no underlying value.

WebTool
WebTool

mfw my bot was making me 100 dollars a day the first day i started trading with a bank of 500usd
30 days later and its making me 1800-2300 a day

wtf, at the rate im making profits i will be making 20k; 30days from now

where is this money coming from??? is the bubble collapsing???

if i continue with my bot in 60 days im projected to be making 100k dollars a day; tht shouldnt be possible; i would be owning like 90% of the sht coins market and in 100 days? a year???

DeathDog
DeathDog

Its still very early in the world of crypto, its still in its infancy.

Strong laggard cope.

You know when crypto was "in its infancy"?

In year 2010.

Right now newspapers are writing about it.

This is no way, shape or form is infancy.

Enjoy your bags when market "corrects" 80%.

CodeBuns
CodeBuns

thats because you lazy aussies do nothing but drink and gamble.

Playboyize
Playboyize

Because it's true.

Sia compares it's cost on it's site to S3 or Google Cloud, but these are enterprise hosting solutions, not private cloud storage like Sia, Sia actually competes with dropbox or Google Drive, even here, with a service no one uses (prices would skyrocket if anyone actually wanted to use the platform), prices for Sia are already around what you'd pay for dropbox/Drive

Further, the service offered is unusable dogshit, Sia cannot compete by its very nature. Sis is encrypted user storage, as such can't offer editing, sharing, light-client access etc etc, THESE are the killer features of cloud storage, these types of features are why cloud storage is so popular, Sia is closer to an off-site backup service than cloud storage and as such has no user-appeal

girlDog
girlDog

What bot do you use?

Methnerd
Methnerd

It might not be in its infancy, but it's still kinda early
the peak will be when mom'n'pop investors go all in crypto with their life savings

Burnblaze
Burnblaze

It's fun to spend real fiat money on fake play money. Even when it all crashes down to nothing on august 1st I won't care, at least I had a good time.

TalkBomber
TalkBomber

Sia is cp storage: the coin

TurtleCat
TurtleCat

What is this August 1st meme I keep hearing?

What happens on that day?

RumChicken
RumChicken

Which bot are you using senpai

eGremlin
eGremlin

Nice larp

JunkTop
JunkTop

I think that's the day bitcoin forks, and it's going to cause a big shakeup in the crypto world

whereismyname
whereismyname

Before the conseus agreement BTC dropped by ~ $600, the fork will prob put it in $250 range. Which is when ETH will take over and skyrocket to the moon.

BTC commited sudoku because of jew devs

Stark_Naked
Stark_Naked

Reminder that if yuou arent cashing out, just hording coins, you arent getting any richer

Boy_vs_Girl
Boy_vs_Girl

Yepp, and Bill Gates is poor because all his money is in stocks and isn't cashing out

idontknow
idontknow

So you are saying it has legitimate value?

Firespawn
Firespawn

So... what does this mean for the alt market outside of Eth?

eGremlin
eGremlin

etherscan.io/chart/ethersupply
DAILY NEW COUNS - 30,000 ETH * 330$
= 9,900,000$
blockchain.info/stats
1,650 BTC PER DAY*3539$
= 5,840,127$
----------------------------
HAHAHAHAHAHAHA!!!!!!!!!!!!

Ignoramus
Ignoramus

At this point I can just live out your miserable life for you since you cant think even most trivial shit for urself.

Sir_Gallonhead
Sir_Gallonhead

Many big companies would benefit from off-site secure backup storage. Also, the price is dictated by the users. It isn't fixed. I think you have some of your facts wrong

PurpleCharger
PurpleCharger

he never sends money to his family in mexico via crypto to jew the jew out of transfer fees
LA RAZA one step at a time pendejo

Booteefool
Booteefool

Calm down bitch nigga I'm just trying to get opinions

Soft_member
Soft_member

he only made 100,000,000 BITB yesterday
LOL why would anyone want your advice anyway?

cum2soon
cum2soon

Get fucked

t. Nevadan

Soft_member
Soft_member

You do not finish every day a couple thousand euros richer. You know why a bull run happens? It happens because most people do not finish every day a couple thousand euros richer. They feel like they do. Because everyone is injecting more money into it, never cashing out. So the little green number stay green and becomes a bigger number. And that probably satisfies your autism but it doesn't mean shit.

youtube.com/watch?v=hAQA_29Htts

girlDog
girlDog

We are living in meme times in a meme world. You have to make friends with the Absurd.
This is probably how the 1% constantly feel.

VisualMaster
VisualMaster

The liquidity is there for people who want to cash out into fiat ("real" money). The gains you make on coins do have real economic value

Illusionz
Illusionz

Nevadan talking down to anyone

Go stare at some sand, Vegasfag

Booteefool
Booteefool

There is currently NO coin on the whole alt market that has an actual service connected to it that's used by people and in which the currency is actually used to buy services or products
Not a single one
There are, actually. I bet you expected you'd trick me into naming them. :^)

Lord_Tryzalot
Lord_Tryzalot

Until everyone tries to cash out and this happens.

Burnblaze
Burnblaze

TELL US YOUR SEKRITS ANUN

DeathDog
DeathDog

second that

Stark_Naked
Stark_Naked

Tell us about your trades OP, how do you utilize your common sense?

Fried_Sushi
Fried_Sushi

I have embraced this. I have embraced the absurdity that i have ever-increasing thousands of make-believe internet bucks.

If i somehow lose all these make-believe internet buxx, i will be sad, but I didn't put in money I needed for anything else.

If the make-believe internet bucks turn out to be real, I will be richer than anyone in my wretched family has ever been, and i will retire very very early.

Nojokur
Nojokur

I dont want to get philo on you but the whole world is based on information. whether it is information you can sense with touch or information you can can sense with sight

i wouldnt trivialise how big this is senpai

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