Millennials Hold Bitcoin in Higher Regard Than Traditional Stocks

Millennials have always proven to be an interesting crowd when it comes to finance. They do not adhere to traditional rules or reference points by any means. It also seems this particular demographic is quite keen on Bitcoin. In fact, a new survey suggests one in three Millennials will invest in Bitcoin rather than traditional stocks. That’s a pretty smart decision, to say the least, although it paints a rather interesting picture for the future of finance.

>archive.is/iY7Kw

Why do millennials have faith in a made up currency?

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Bitcoin is fucking retarded i am 24 its a ponzi scheme

Anyone who says bitcoins are ponzi scheme doesn't understand bitcoins or ponzi schemes.

Why do such ugly man looking females get posted on 4 chan pol?

Also, she a cute

Bitcoin is fucking gay...the fucking only good other option to Fiat is gold and precious metal

t.

This. And land.

Bitcoin isn’t backed by anything. It’s a trendy thing and people will make money on it...until it crashes. Good luck against precious metals with that shit.

i'd bend her over so quick your head would spin if you know what i'm saying

BTC IS CRASHING HARD RIGHT NOW. YOU ASSHOLES TOLD ME IT WAS THE BEST INVESTMENT SO I DUMPED MY FATHER'S MILLION DOLLAR ESTATE INTO IT.

Now that is fucking retarded.
Bitcoin is alright but it doesn't have the robust qualities of a blue-chip stock company and their billions of dollars of assets.

Stop taking the memes seriously.

...

That's you. You're supporting a cunt who bringing in immigrants and for fag rights.

Because they are fucking retarded.

>mfw I bought CAT stock when it was at $68 a share

What's the difference between a paper currency and bitcoin? Not much. Both are "made up".

pls tell me she does porn

Dude all currency is made up

>Why do millennials have faith in a made up currency?
Weed. Most of my degenerate normalfag friends use it for buying weed.

all currencies are made up user

lol pleb retards itt said all this garbage years ago and will continue to miss the boat time and time again

keep wage slaving for your monopoly fiat ciabucks

>dude money doesn't exist in the wild
no shit

>mfw my parents have owned CAT stock for as long as I can remember (I'm 30)
>mfw they paid less than $8 a share
>mfw I just read your post and then decided to check the price

If what you said is true (it probably isn't), just hold onto the bitcoins. A few years ago people lamented when 1100$ bitcoins "crashed" to 400$. Those same 400$ bitcoins are now worth 6500$. Even if you went full /biz/ and bought at the absolute height of the previous bubble your bitcoins are worth six times what you paid for them. A 500% return in 2.5 years is pretty good all things considered.

Factually incorrect

Why do you never post Soe nudes?

How much electricity does it take to mine a single block? What is that backed by?

I literally don't give a single fuck about the stock market. If it crashes, somehow that justifies massive layoffs and everything gets worse for a while. When it comes back, I see no improvement in my overall standard of living.

Trading as an individual is a fucking joke. Investment groups use proprietary modeling software and in house analysts to stay on top of things, plus computers that can do thousands of small transactions a minute. By the time you, the average investor, notice a trend, its probably already been capitalized on by someone else. Your 10 shares here and there are nothing.

Bitcoin might be volatile, but its a hell of a lot more accessible than whatever shell game passes for "investment" on Wall Street.

all I can offer is some bikini pics when she was THICC

I know right?
Trump has been treating this entire industry sector very well so far.

Fucking fiat is used for fucking everything even if its made up you fucking retards go ba k to it to base everything even the dumbass bitcoin price which is only valuable because the initial investors are blowing up the bubble as large as possible before they can pop it and sail off with a fortune you retards i am one of them I bough 2,000€ worth of it when it was 9€ a coin

summarize a ponzi scheme in 1 paragraph. then draw the parallel to bitcoin, in such way that is not applicable to other value refuge/s, or fuck off

remember, burden of proof is on you

bro, are those fucking Gundams!?

>that range of motion

Jew comes on here and tells you millennials are buying bitcoin and it's smart just as it's crashing.
Fuck Jews.

I fucking hate these threads and i fucking hate you OP and your fucking retarded shill memeflag too not to mention that ugly fucking boy you post every fucking day. Jesus christ man, dont you have anything better to do I get your hatred for millennials because god fuck those mimillennials amiright but no OP im not right, fuck you the very foremost you absolute cunt

with do libtards hold faith in made up stock prices?

just wait.
i know its scary, but look at all the other bitcoiners that simply waited over, what, 8 or 9 years now? theyre all on top. every single one who held is on top. do you really think the people of today are simply going to be the exception? no. the bitcoin bubble only bursts for so long. soon enough, another current comes by, and makes a bigger one. its happened over, and over, and over again. theres no reason this time would be any different

>before they can pop it and sail off with a fortune you retards i am one of them I bough 2,000€ worth of it when it was 9€ a coin
that price is WAYYY after the group you are talking about

good, ive been waiting for that shit to drop to buy in. thanks jewman

Keep buying it faggots but it will crash hard as fuck when original investors sell it for real money to dumbass new investors aka suckers

Maybe someday I'll get into bitcoins

>Bitcoin isn’t backed by anything.
It doesn't need to be your argument is invalid and faggots like you will be saying it all the way to 10k. We may have hit the top for the year so sub-saharan niggers such as yourself will have a few months to gloat until we hit the next ATH.

This. It may be a bubble, but it literally has fuck all to do with a Ponzi strategy.

Millenials trust hard math more than crooks, stocks are rigged, money is fake.
Got a problem with it? Quit being a fucking crook.

Hey faggots yes it will burst once bitshit peaks and the investors see they cant keep the ponzi up you will see the price drop to less then 0

Crypto can potentially help us to make jwrey usury banks obsolete, no middle men, every transaction is highly tracable, new reinassance of money is upon us, if you dont trust bitcoin look into other more practical coins that actually serves a function.

Is crypto a real virtual commodity market?

The USD is fiat and privately owned... how could anyone have faith in such nonsense???

Boomers you need to have a come to jesus moment when u realize and accept how fucking retarded you all are.

you write like an economic/financial illiterate

Why dont we just go back to gold and silver its a much better idea

>replace the current psychopathic rich oligarchs with a bunch of autistic psychopathic neckbeards who invested into bitcoin first
great plan chaim!

>Millennials have always proven to be an interesting crowd when it comes to finance.

Lol, no, you can't change the fundamentals of finance just because you feel like it.

It just means smart people will make profits off them.

I'm not saying people can't and don't make money in the stock market. Of course they do. I'm saying that for the average personal investor, you're not on an equal playing field by a long shot.

>being this new

and what do you think the US dollar is backed by?
confidence
confidence on the ability of the US to repay anyone who holds the note
confidence that there will be an economy where to spend the notes

bitcoin is backed by its technology, by the promise to deliver superior security functionality in a distributed fashion, and by the expectation that it will be a superior mean of payment

granted, nowhere close to the confidence on the USD. but definitely backed by something. stating otherwise is retarded

sheep to the slaughter

Dollars are backed up mostly by the us military dominace to sumarize it combined with jewry and a large economy

the same people that yell
> ponzi scheme
at bitcoin will deny that pension systems are actual ponzi schemes

Usd is technically also backed by a small amount of gold

Pension schemes are not always ponzi schemes like in norways example where the pension fun has a fuckton of money

they are so endlessly retarded

These are usually the same people. Nice strawman though.

>Fiat currency isn't made up

>one in three Millennials will invest in Bitcoin
Do the majority of millennials even know how and where to trade bitcoin? How many even have a couple thousand lying around to "invest" at this point?

I think they meant "would". Millenials don't have money for anything so this results in socialism.

fiscal.treasury.gov/fsreports/rpt/goldRpt/current_report.htm
> . The market value of the gold reserves based on the London Gold Fixing as of September 29, 2017 was $335.5 billion.

US GDP: 18.5 trillion
US debt: 20 trillion

see my points above
no need for a strawman, just noting the irony

The US Dollar is backed by the governmental structures behind it that regulate the economy and institutions that use it. Bitcoin is meme shit used by pedophiles and drug dealers that jews have created a speculation bubble on to ride until it pops leaving the goyim holding bags worth billions of dollars.

Undermine the dollar and the US Military deep dicks you. Undermine Bitcoin and cultist rant on reddit for a few months.

Because when you buy cryptocurrencies, you are given complete control over what and when you want to trade without

The (((fund manager))) giving himself a success bonus when his coin flip guess pans out

(((Mysterious people with the right to trade after hours))) manipulate the market overnight and hand you the bill in the morning

Jews have made several attempts to gain clawholds in crypto and get btfo every time. The people who started bitcoin did it for the sole reason of getting away from these fucking vultures. They see them coming

w-we did nothing wrong goy!

stop being so anti-semite!

Nice flag saged

well you're lithuanian so I wouldn't expect your backwater country to know much about the internet or anything digital

would you like some (((dividends))) my young goyim?

>BTC IS CRASHING HARD RIGHT NOW.
It's a fucking cycle, it already "crashed" a dozen times before and afterwards always climbed to ATH.
Pic related is literally what bitcoin does every couple months.

I suspect you're trolling but either way, here's a protip from /biz/ - store your private key somewhere safe and just forget about bitcoin for a few years

if you watch it and the price goes down, you'll be tempted to withdraw to prevent further loss
if you watch it and the price goes up, you'll be tempted to withdraw early and miss big gains later on

The best thing to do is really just forget about it. Don't watch the charts, don't follow the price - just forget about bitcoin.
Check on it in 5 years and buy a lambo.

>Check on it in 5 years and buy a lambo.
literally the most retarded thing you could do with your money.

you beat the jew for 5 years only to give it right back to them in the end.

Millennials also buy $15 avocado toast

>millennials are retarded
More news at 11!

JUST LOOK AT /BIZ/

99% of the threads have to do with crypto-currencies.

Btc is crashing and burning right now baby

/biz/ here

I hope you faggots realized you missed out on the biggest bullrun in history. I bought a few months ago at 2000 and sold at the top of 7500. Going to buy back in around 4k. Good luck cucks

>biz here
Kill yourself.

just because it worked the last time, doesnt mean it will work now
Life is no game, it can crash and never get up again right now
Thats the risk of investing, you have to make a choice
If you think its going to crash without recovery, sell now
If you think, its going to rise again, and surpass its current value, then wait

>hasnt even gone below its most recent ath

lol

Anti-crypto fags please fuck off, you have no place in Sup Forums

Old-Sup Forums was one of bitcoin's biggest advocates

also bitcoin is going to crash anyway
Bitcoin is a chinese strategy to fuck the west
Create a virtual currency, invest in it, make profit, then hype it up, dumb westeners buy into that shit, let it collapse, laugh in chinese
This whole thing is controlled by the chinese gov
Why do you think, Putin wants to establish a Russian Bitcoin ?
He wants to do the same as the chinese are doing
Fuck the West and make Money

The problem isn't with the tech it's with it's practical use.

EVEN if all millennials believe in it's value it's not going to buy you food if the trades/adoption is not in place within the economy.

>Boomers think their worthless paper dollars will mean anything once they die off
Meanwhile Bitcoin will become the new world curreny and we'll all be driving lambos

All fiat currencies are as made up as the bitcoin

this bitch makes me so angry

Bitcoin mining is literally ponzi. Getting in on the scheme earlier when there are fewer coins in circulation means you get more coins, and as more people get in, value rises, and the coin you mined two years ago is worth more than the .00051 they mined with the same effort yesterday.

I understand them. Tell me, why is bitcoin worth 80 billion USD? It's nor even worth a fraction of that as a currency. It's because speculation has driven up it's price far beyond what it's worth. Millennials are fucking retarded if they think BTC is worth hardly anything.

By your logic all investments are a ponzi scheme

Fuck off retard

>tfw ethereum was 40$ earlier this year
>I sold at 400$ a few months ago
>bought more at 200$
>it's back to 300$

It took your parents like 20 years to do what one shitposter can do in half a year.

No, energy is king. Energy is the only thing that matters in this world. Land can be taken and there is nothing besides rule of law to deem ownership, but energy is the lifeforce that propels or sinks the world. It cannot be stolen or destroyed, it can only be created or lost.

what

Millennials prefer unregulated capitalism?

Because chineese people use it to funnel their money out of the reach of the chineese government

Mining is not investment. Investing in bitcoin functions similarly to stock investment. Mining is a ponzi.