The only reason anyone would pay $14,000 CAD is in hopes of selling their coin for much more. No one actually wants a Bitcoin that desperately just to shop with or because they think it's useful and valuable. The coin itself is worthless. This bubble will burst, and badly.
Remember, Bitcoins have absolutely no value. Your failure to understand this is the same reason your coin will fail.
What value would the US dollar have if no one accepted it as payment?
usd is privately owned and literal paper
The only reason anyone would pay $1,018.38 USD is in hopes of selling their google stock for much more. No one actually wants a share of Google that desperately just to shop with or because they think it's useful and valuable. The stock itself is worthless. This bubble will burst, and badly.
Remember, stocks have absolutely no value. Your failure to understand this is the same reason your stock will fail.
The same value as Bitcoin.
Why are you asking senseless questions?
Why do you think the US bombs the shit out of any country that tries to escape the petrodollar?
Didn't many stores pull buttcoin as payment option because the transaction fees got ridiculous?
fiat has no value
None
But luckily for you the issuer will invade 3rd world countries to force them to use it
0/10
Stock represents ownership in a firm. It does actually have intrinsic value
Salty nocoiner detected
We know that.
>but football in the groin had a football in the groin
people said the same thing when it was at $100
You can use the paper to wipe your ass and write on. You can't wipe your ass with bitcoin
>You can't wipe your ass with bitcoin
Exactly. Useless.
t. NoCoiner Coinlet
It value comes from the fact that legally you HAVE to use USD within the borders of the US. Its value is in effect tied to the size of the US economy.
You wouldn't accept the Somali shilling. The problem with bitcoin is all those 00000000s. $1 can only be spit 100 times. A buttcoin can be split a billion times.
Also a business owner I can risk taking payment in butts because the value isn't stable. I need to know that 1 buttcion will be worth the same the next day.
>legally you HAVE to use USD within the borders of the US.
According to what law? The state of Utah accept silver and gold as payment methods.
The "buttcion" you accept won't be worth the same the next day. More likely than not, it'll be worth more.
But all businesses in the US must accept the USD as legal tender
Still that 000000000,1 can have so big transaction fees that it isnt worth it to exchange.
buy the subway franchise with bitcoins.
I bet someone could.
That would teach them for not accepting the future of currency.
Their loss I suppose
fiat is backed by the threat of violence
I'm having a hard time buying bitcoin in canada
any advice?
>mfw someone says the word "crypto currency" in real physical life
>mfw i have no face
i really cant fucking believe this piece of shit is 14k, all the rich dogs are leaving and killing the dollar just to invest and get more money off shit coin, while the chinks are becoming the world super power with a gold backed currency and all oil powers are turning too them, fucking new generation retards bitcoin is going to kill this country.
Stop thinking about bitcoin in actual coins you fucking idiot. A bitcoin isn't a dollar bill you can split it down as small as you want
i buy my periodic meth binges with bitcoin. i fuckin love it
nocoiners, when will they learn?
Bitcoin is an escape from (((their))) system
nocoiners are literally idiots
>Not having bought at below 2k
i hope you get banned cunt. bitcoin isnt politics. fuck off you slant eyed fuck
...
>Bitcoins have absolutely no value.
Their value is $14,000.
Help a poorfag out
1JrgFh3owCYxUCvPHSGn1UrPixPWxARWV1
what transaction fees?
then my client will ask for a refund. Sure online you can get way without a refund but if you want to bring it into the real world button fails at refunds.
Now go and buy something with the buttcoin.
Actually $15,000 now.
I do all the time
Yeah I think its going to pop, bitcoin only has 3 uses
1) if its easier / lower fee than credit card
>maybe, but for businesses that already offer credit card, offering bitcoin on top doesnt help much
2)sending money person to person without a wire transfer
>sure but any coin can do this
3) anonymity
>many people falsly believe bitcoin is anonymous, and its value will drop sharply when most people realize it isnt anonymous, needs careful use of laundering systems, and nobody wants to do that.
Bank of America no longer accept USD unless you are a "member" of their bank.
You can just sell them for dollars.
At a fee
I can't wait until all these bitcoin fanboys get their puccis fucked out by big brother.
You seriously think the government is going to let you bypass all their ways of fucking you because you have some random code coins?
Hahahahahhahahahahahhhahhahgaga.
They are going to probably sieze your assets, find out who you are, and put you people is prison
no shit
When your bitcoins are worth twice as much as they were last month you don't mind paying a few dollars.
This
That's the problem, shithead. If you can't buy things with it, it isn't definitely a currency.
The only thing that bitcoin is good for (for the moment) is being a reserve of value.
For every other thing it's shit, it's no different than a normal ponzi scheme.
This is so stupid.
Every Bitcoin you own gives you a percentage ownership in the Bitcoin company.
Why is that so hard to get your head around?
Most businesses don't take gold bars that doesn't mean they're worthless. You can't call something worthless that is worth $15,000.
who says you can't buy things with it?
>it isn't definitely a currency
um the statement was "Bitcoins have absolutely no value" sweetie
Subway
Cryptocurrency is the future but bitcoin isn't the one that will do it.
From what I'm speculating the only reason bitcoin is skyrocketing now is because the misinformed keep thinking it's worth something. Basically stoking the fire. Honestly think about it from a logistical perspective. You aren't going to go to the store to see a price tag of 0.0000000023b. How hard would it be to keep track of that system? And on top of that its insane volatility makes it more like a stock than a currency. "Wait till it plateaus" you'll say. Well no, it wont, you know why? Because just the same way is started to erratically rise, it's going to rollercoaster down even faster
Only the same advice that will save you $14k
lets say your house is worth $150,000. and buttcoins are $15000
Ill buy your home now for 10 buttcions. its a win win for both of us, you believe butts will be worth more tomorrow and I've found a sucker to get rid of my butts.
yep
You do realize it's impossible to evenly split a circle, right?
>whole numbers are circles
People who store gold bars don't have the audacity of naming their bars "coins".
Besides, gold has an intrinsic value because of its rarity and its use in industry, the bitcoin wouldn't have any use if people haven't irrationally expected bigger returns
Then go outside and buy me a drink with your fucking bitcoins.
It has a value as long as retards like you dump your dollars on the intermediaries who sell you the bitcoin supply. I wouldn't be surprised if they acted as a cartel.
Hey OP nice PS, maybe blur the "not" that you added a lil bit so it isn't obvious the next time.
Anything to get the fuck away from the Jewish controlled central banks.
This will finally be the end of Bitcoin, says increasingly nervous xe for the seventh time this year.
it has no value, it has speculative price
buttcoiner needs to find bigger sucker to sell him his buttcoins
when suckers cant sell their buttcoins anymore bubble crashes
ammount of goofs and succers are limited, their money are limited
buttcoin is a good tool to suck dry all value from goofs and suckers
And if we made this deal last month I would have $300,000.
>People who store gold bars don't have the audacity of naming their bars "coins".
what
>Then go outside and buy me a drink with your fucking bitcoins.
I live 15 minutes away from a bitcoin atm, why so mad?
B...But the value is in all the people that support it OP, it's not because bankers are propping it up or anything waiting to fleece the sheep that have gone all in.
Muh bitcoin is like money used to be sticks, stones, shells and bones I shit you not OP!
Basically this, I regret being a no coiner since 2012, I would have made a fortune selling them to the normies.
That's true huh?
The only thing keeping the value going up is it's exposure. Once it caps out to a point it will lose all momentum and just fall
>He has to change his bitcoins in dollars
>"GUYS, WE ARE BEATING THE JEW"
Blockchain has definitely a future, but the bitcoin takes too long to complete a transaction. Try again sweetheart.
And neither gold nor Bitcoin are worthless because of how few merchants accept them.
>no value
>$15,000
Pick one.
why are you acting like you have to buy one whole bit coin? are you an black man from the USA visiting a friend in Canada and are trying to make Canadians look like retards on Sup Forums?
You can only turn it into real money if you find other people who deem it valuable i.e. private persons. For example you have to find a retard who wants bitcoins im exchange for something "real" like his car. If he agrees you turned your crypto currency into real value namely the car. But as you can see this is a ponzi scheme. When the low iq people who call others nocoiners realize this underlying truth the bitcoin will crash.
Same thing with gold.
Time is the key element here user. Sure now it's worth that since it's sellable but once the price amps up there won't be anyone left to sell to making it came mpletely wortess.
>Gold
>Tangible
>Multiple uses in industry
>Multiple uses in the industry of tackyness
>Intrinsic rarity
>Unique material, so substitutes
>Bitcoin
>Thin air
>Zero uses in industry
>Intrinsic rarity as long as the community accepts it
>At least one thousand substitutes
Not even then. Like the user before said. Eventually there will be nobody that is willing to buy bitcoin. That's when they take the rollercoaster down
i dont need your jew shekels nigger i got real power in my pants.
>i have no idea how bitcoin works
thx guy
it is a price in transaction
is it not a value
2 big insiders can sell buttcoin to each other by tranfering common money form one account to another. they increase price with each step. in the same time they cover expenditures on transaction by selling buttcoin to normies
normies will lose all their money in the end, then normies will ask BIG GOVERNMENT to feed them LOL. they will vote for socialists and jews lol
define value OP
inb4 you've not read Mises
Then you can say it's worthless when that happens. Right now it's worth $15,000.
No its not the same thing. Gold is a rare good and has alternative uses. A string of code doesn't.
Gold is useable
I don't have to change my bitcoins at all but you asked me to
I never mentioned jews
How long is too long?
>Price in a transaction
>Value
>What is economics? Is it edible?
bitcoins are more scarce than gold
I need the best service to use that's ez to cash out and good with CAD
cex.io is garbage
OPs wife will be sucking my schlong as btc passes 100k.
And it's only as valuable as other people deem it just like you said about Bitcoin.
And right now you better find a dumbass willing to buy in exchange for monies
So scarce that they don't even exist
Visa and mastercard process a payment just in a matter of a second.
I would be genuinely surprised if Bitcoin manages to go under two minutes.
blockchain.info
currencies are the same bud, it's just an abstraction, not even a commodity like it used to before a massive goverment-bank sector fraud, swaping gold-notes for nothing-notes just because they've been doing massive fraud using more notes than gold they actually had
well, that's history, yet currencies are stil subjected to the same scamm, that's where inflation comes from, that's how interest rates are manipulated, because they create credit from nowhere
and you have to work for your sheckels, good goy
>Zero uses in industry
you can send millions for next to nothing in 15 minutes compared to a bank and save money
>As people are paying $15,000 for one
What makes you think that would be hard?
