All these retards using BTC, ETC, LTC as long term investments

Or NVDA with 150% per year

is that drumpf in the back?

>150%
H I G H R O L L E R
why would i invest in a robinhood pumped meme stock when there are far safer things? techstoch fags are just as bad as crypto fags except they brag about far inferior gains

What about the people in this thread. Literally everyone thinks 1000% gains per year is normal now. Thats not how the world works you fucking morons

>putting your money into 5 different tech stocks and pretending you're "safe"

LOL

dont bother. the normies have to learn the hard way

i don't think it's normal, it was obviously an uptick in adoption and awareness. i don't know what the future holds, and neither do you, but it's stupid to liquidate everything because you think you can time the market. i've taken out far more than my principal.

Well i respect that you have the ability to cash out profits but unfortunately many greedy idiots wont and will lose it all in an inevitable crash.

Also what adoption are you speaking of? I dont know anyone who actually uses crypto for other than speculation please prove me wrong

there are functioning use cases of ethereum and other programmable currencies even though they are currently niche or fads (cats), they have big potential when the market finally wakes up to it and things are developed to a functional state.
many applications will never be as fast as simple databases but that's not the point. this enables entirely new concepts or changes on the old models of doing things, like secure voting, which could lead to better democracies. simple things like crypto gambling though have and will always be there and are only getting better. there are also tokens that are functional security-like tokens that may or may not be regulated or legal to buy into in the united states, but other legislations like Estonia, Japan, Canada, and some others seem happy to test new things out.
other people simply like the idea of having a stake in the games that are cryptocurrency economic models. some will work, and some won't. it's a big experiment, and each one is a laboratory of innovation or just sometimes a schemey boiler room product.

The collapse of the fractional reserve fiat system is the inevitability you aren't seeing. THAT'S the bubble. You need to zoom out for a second and ask yourself what money really IS.

Is $100,000,000 per Bitcoin possible? Sure. But consider that that might not be all that money in a couple years...

Literally reread what you wrote and wake up to the dellusion you are talking. You have not proved any real world CURRENT use case.

The too examples you have given are based on gambling and corrupt governments, great benefits to society? How are ideas worth half a trillion?

Its all roses now because the market goes up, and thats the only reason 99% of people are here. When the market turns on them then we will see what the outlook of crypto will be, right now its just a few lines of code and a few blue sky liberal ideas.

OP is absolutely right.

Anybody who is long, and/or not playing SOLELY with winnings, is a child or a brainlet who does not understand financial markets.

The tech is new, but many, many markets just like this with INSANE GAIIIINZZZ have come, gushed blood, and gone.

But anyway, have fun being 20, and learning the same old lesson that every generation learns the hard way.

And bush did 9/11 yeh? And the rothschilds control the world reserve banks yeh?

there are functioning security-like tokens that have holding benefits on the market right now. there are secure, tested voting methods in use right now.
adoption has only begun, they are just starting to be used and recognized.

>Buys DRGN

And people in Wiemar Germany had to use wheelbarrows to buy a loaf of bread. Crypto is our reichsmark.

And let me guess, these tokens give you.. more tokens, so the whole idea is that you hope you can sell them on the market to the greater fool.

Voting systems should have 0 monetary value otherwise how are they democratic at all?

Uh huh.

It's either fiat or Bitcoin.

These are the only two possibilities, and one of these two possibilities will win.

Fiat is broken, and Bitcoin is the absolute perfect solution. No problems have yet been found, and everyone will smoothly transition when they see the light.

unnnnghhhhh

buy art

youtube.com/watch?v=KAExa9P7hME

how do you take things OUT of crypto without losing huge on fees? I can't be spending double digit percent $USD

Crypto is a response to hyper inflation, but not the answer

the tokens give you base currencies like ETH, which have enormous liquidity

voting systems don't need to have monetary value, blockchain tokens meant solely for voting don't need to have monetary value, but if the Canadian government for example were to use a cryptoCAD, every citizen could vote using the mostly centralized, traceable wallet schemes that will likely be employed by government crypto, linked to the individuals identity. muh mark of the beast.

Fucking no coiners lmao

Walton chain

>being this much of a delusional fegit

Thats for clarifying what i just said, they cant pay you out in actual money because they arent making any.

Also for a crypto CAD to exist you do realise that cryptocurrencies as we know it dont need to exist and infact will have no purpose if that happens??

no, the free market will still demand decentralized stateless currencies.
do you even think before you post?

Bitcoin is not decentralized you fool.

Alright dad.

Sarcasm isn't an argument. Some form of crypto will snap the back of fiat, be it Bitcoin or Dogecoin or something not invented. A smart person would at least take a small position in crypto as a hedge against being wrong.

where did i make that claim?
not thinking before posting confirmed

In your last post?

> they cant pay you out in actual money because they arent making any.

Exactly. That's why they've fired all their employees and don't have functional exchanges because they cant pay server upkeep.

Posts like this are enormously reassuring to me. There's clearly still plenty of gas in the tank before the inevitable global currency reset.

>describing the business of art for thousands of years
nothing new

are you okay?
i haven't mentioned bitcoin.

This is actually a sensible alternative for cryptophobes

>decentralized stateless currencies

Name me one crypto at the moment fitting your criteria

Respond to me destroying your argument you faggot

Sure. Which exchanges are you talking about just so i can elaborate

Coss and Kucoin. Both are rapidly expanding their teams and upgrading hardware to meet rising demand. All while paying dividends to users. Can't do that for free retard.

Before you say it's not real money, I've cashed out $30 in eth from COSS's dividends. Just because I could. Fuck off.

alright this is still me i had to get on a computer to rek your stupid ass.

They can rapidly expand teams because they have been able to successfully con idiots like you into buying their own tokens (kucoin shares and coss tokens) for which they cash out the profits of eth/bitcoin or whatever into their own fiat currency and pay their staff.

The dividends they pay are fee's they have collected from idiots like you purely from trading, not real cash, but tokens.

the market is satisfied with "decentralized enough", times change, although proper decentralization still does exist it doesn't jive well with human nature.

The blockchain tech that gets utilized for buying and selling stocks, credit defaults, and derivatives will win the "market game"
This is just a hedging your bets phase to see who the winner will be.

so you're saying the market is buying in to an idea thats not actually reality.. sounds like its going to end well.

This thread can't be real. Literally like buying bitcoin once it hits a $250,000

i don't think so. i think participants have conceded that full decentralization is a pipe dream or comes with too many security flaws

then you really don't know how stupid this market is

I kind of feel that this is an evolution or the next step after the kickstarter fad.
It started out with microloaning platforms like Kivu.
Then charity based like gofundme and indiegogo.
Then the backer phase with kickstarter, and patreon.
During that whole time bitcoin and crypto has been working in the backround until now the market is opening up becuase indian mud farmers rarely payed you back for the goats they bought.
Kickstarter companies often not making good on their promises,taking the money and running.
The blockchain model seems a bit more resilient in that sense. As the blockchain provides a decentrailized accounting.

So a business can employ a cryptocurrency to fund itself, not nessicarily be beholden to shareholders and rather purely beholden to the markets.
And investors and hodlers in crypto can still get a return on investment.

...

it gets ethically tricky, because it becomes just as easy to start ponzi/pyramid schemes using this seed funding method. there are copycat bitconnects trying to start up right now. ponzi schemes, no matter how educated everyone is, reach a stage of delusion where people stop caring about the risks. we've all seen it with bitconnect idiots.
some people are of the opinion that stupid people should be protected from taking such huge financial risks and playing with the fire that is a ponzi/pyramid scheme, but others see it as just another gamble and that people should do with their money what they want to do. this is something organized crime would be (probably is) all over.

i think there should be some level of protection, but only in the forms of things like:
-external audits of projects
-good exchanges setting transparent standards and benchmarks
-SAFT-like frameworks for token sales
but i don't think that people should be prevented from adding their money to a bonfire if they want to.

Thats such a stupid hack at the guy, I dont care for polfags but if you're a lefty why would you shit on someone for being an immigrant and having a non american name?

Tech is long term retard, nvidia is going to be a huge player in the future but you're too much of a brainlet to see that.

But I know your type

Your natgas stock dipped another 5 percent for the third time this month. You invested in a sports retail chain that doesnt even exist in half the US, retail is dying anyway. You literally invested in a fucking company that makes strip clubs around the gulf coast despite the area just getting hit by 3 hurricanes. You were burned by an Ayymd buy at 14 dollars and have been salty about "tech stocks" ever since. Your only green stock at the moment is Bank of America with a 1.02x gain because you suck big jewish cock

How close am I?

very far, it sounds like bad projection. i don't own any stocks on the american markets, sorry.

I’m going to explain one more time how I’ll eat your lunch. Pay attention:

Sometime in the next year or so you’ll wake up and fax Charles Fucking Schwab and see how your blue chips are doing, and they’ll be doing great. You’ll stroke your chin and smile like that time you dodged the draft. Happy days.

Then you’ll get into your Boomermobile and drive on down to BoomerMart for another 50 pound bag of BoomerChow or whatever you people eat. But gosh, it sure is expensive these days! You remember when it was a nickel, by cracky.

Your money will be worth less and less, and you’ll blame Washington or inflation or corporate greed, when in reality YOUR MONEY IS BEING REPLACED.

And then you’ll drive home.

What if we started using stocks as currency through the blockchain?

yes buy stocks so all the """"middle men""" get paid and all the bullshit you have to go thru for muh 2% gains after one year. you fucking stockbois are a real laugh riot I tell ya.

I want to get into stocks to diversify a little but crpyto gains are just too good. I'd be losing too much in opportunity cost. maybe in a few years once bitcoin levels off I'll start putting money into stocks, until then though it'd be dumb to pass up on crypto

shut up greg, you're a faggot.