LMAO SOMEONE IS SELLING KANYE'S NEW ALBUM FOR BITCOIN FROM A STUDIO LEAK
>forum.sectioneighty.com
>satoshibox.com
CONFIRMED FROM VIRGIL ABLOH'S TWITTER & PLEBBIT KEK
LMAO SOMEONE IS SELLING KANYE'S NEW ALBUM FOR BITCOIN FROM A STUDIO LEAK
>forum.sectioneighty.com
>satoshibox.com
CONFIRMED FROM VIRGIL ABLOH'S TWITTER & PLEBBIT KEK
Other urls found in this thread:
en.wikipedia.org
twitter.com
Why do people keep saying Bitcoin is a bubble? It's "crashed" 6 times in 2017, and each time it's increased immediately after. The highest was 183% ffs. 7 steps forward, 2 steps back, and people think those 2 steps back are the end.
>He doesnt know about the dot-com bubble of the 90s and early 2000s
What you described is a hallmark quality of asset bubbles. Falls 2 steps, rises 7 more. It is bubble and I doubt anyone with a but of financial soundness would consider it anything else.
Bitcoin doesn't offer any tangible value, therefore it's valuation is intrinsically and inescapably attached to investor sentiment. Since right now Bitcoin is being used by drug-dealers and criminals all over the world, the trading volume is high, thus tricking investors into thinking this IS in in fact the replacement for paper, fiat money – and, furthermore, increasing its unstable valuation.
Look up the dot-com bubble. It's almost the same case, though with much less crazy and volatile prices.
I don't know but its a bubble i heard
Also, OP is a faggot trying to scam us.
Mods?
>Bitcoin doesn't offer any tangible value,
AHAHAHAHAHAHAHHAHA
>sub 100 IQ types genuinely believe
>Since right now Bitcoin is being used by drug-dealers and criminals all over the world
Like fiat
>ook up the dot-com bubble. It's almost the same case, though with much less crazy and volatile prices.
HAHAHAHA THIS FUCKING MONG THINKS HES BEING ORIGINAL WITH THIS BOOMER-ESQUE COMMENT AS WELL
obv fake
Not really, its posted on plebbit and sx80. I'm simply reposting and seeing if its legit
>HAHAHAHAHAHA YOURE SO FUCKING WRONG
>literally zero counter-arguments
Typical cryptofaggot. Stay poor.
>lol bitcoin why would anyone pay for fake money. idiots.
>fast forward 5 years later
omg theyre actually doing it hahahaha fucking retards. im going to laugh when some exploit gets discovered or the creator just hax everyone and puts it all to zero or a billion making it pointless.
Counter arguments to what? "Hur dur le dot com bubble"... Bitcoin is not even comparable to the dot com bubble. It's a once in a lifetime thing. Maybe even more. A new asset class was birthed in front of your eyes like finding a new element and all you morons can say is: "It's a bubble cos the tvsed so"
It's the first radical change to currency since modern banking was invented hundreds of years ago
LMAO
go back fucking your Romanian goat Dragomir
t. Sub 100 IQ
Bitcoin has never been hacked. Can you even say the same about who you bank with? LOL
best believe the inventors have a backdoor to that shit. idiot lol
that shit gets hacked every other month. bitcoin banks lose millions of dollars hahaha
Does he? So how come he hasn't cashed out his several billion dollars yet then retard?
HAHAHAHA LOW IQ TYPES BTFO COS THEY CAN'T UNDERSTAND IT
Bitcoin has never been hacked. The businesses that USE or trade bitcoin may have been though
Stay poor. in 10 years you'll remember this and want to kill yourself more than you already do
Well shit, I guess I never heard those things before! You truly changed me!
Enjoy being bankrupt.
that shit gets hacked on the reg lol retards. have fun losing all ur money to north korea or the russians
You're mad that you don't understand it, so you call it a bubble cos' the guy on the TV said so. You don't even know what you're witnessing before your very eyes.
Bitcoin has never been hacked. Prove me wrong retard
t. Poorfag who invested his kid's college tuition money on obscures cryptocurrencies
Seek help.
I've been in crypto since 2012 and made more money doing nothing than you will make in your entire life.
How can I go bankrupt when Bitcoin is up 50000% since I invested?
>The guy on TV said so
>Implying
I work at a financial advisor firm. This of course means nothing in an a anonymous board, but since I'm the one posting actual reasons as to why it is a bubble and you're just repeating what every single bitmong spouts every time someone questions cryptos, I'm going to go ahead and assume the only knowledge you've gotten from bitcoin came from random internet financial "gurus" and retarded shit like that.
>I work at a financial advisor firm.
HAHAHAHAHHAAHAHAAAH
>but since I'm the one posting actual reasons
>actual reasons
>"the dotcom bubble"
LMAO HAHAHAHHAHAHAA
Mate, do you even understand what Bitcoin is? Have you ever even read the whitepaper? You haven't, have you?
>that one insecure nigger who responds to every post in the thread telling other people how they're idiots
>I work at a financial advisor firm.
so what does the dotcom bubble have to do with cryptocurrency exactly?
Do the world a favor and slash your wrists
>t. No coiner
I could literally pay enough Bitcoin to your mom to make her suck my asshole if I wanted to
Any link?
he probably isn't old enough to remember
>10 posters
Mods oughta fucking delete this, person posted this on here yesterday, someone in the thread found it was also simultaneously posted to Reddit . He's obviously trying to rip off some idiot. Bitcoin. It's not a currency, it's a commodity, it's way too volatile to be used as a currency, which is why nothing is ever priced in bitcoin. there's a lot of other things. We're talking 5 times as volatile as the Peso.
I think it can be invested in, but you need to not be stupid, and most people doing this are, just because most people are stupid and the barrier for entry is low. They are not investors. The people who got in before it was worth 5k, probably even 10k, should be fine, thing is people are going to be jumping onto this bandwagon until there's no one left to. And then what?
t. drug user who used bitcoin, rip alphabay
Nah, if he replies to his post with HAHAHAHA he becomes right, user.
So what is this about Bitcoin needing more electricity than all of America in a few years to be exchangeable if trading volume continues to increase like it has been? Doesnt that make it garbage? Did no one think to say hey what if a lot of people use this from the outset? Wasnt that the point?
Nah, it's just the tired boomer bullshit again. "LE dotcom bubble" LE TULIPS BRO
Lmao you no coiners are mad cos you don't understand bitcoin meanwhile i'm retired at 24 from it
en.wikipedia.org
people are so predictable....
Yah this shit is lame
Bitcoin is not comparable to this
Bitcoin is 10 years old. Tulip mania lasted 4 months
wtf is this
Go ahead and try and cash out those coins then, or buy a house with those coins, how retired are you really?
Tulips were around 10s of hundreds (if not thousands) of years *prior to the bubble* and are still around.
Maybe crypto currencies are legit, maybe they have a viable future of some sort, maybe not. As you point out, they've been around awhile.
But they are in a bubble now. There is no way their growth is sustainable, and there is nothing real backing them up. Its the very definition of 'irrational exuberance' at this point.
Some people with good timing are going to make a lot of money, a lot of people are going to lose money.
You have yet to say anything to show how they aren't a bubble.
wtf get out here nerd nobody wants to talk about bitcoin
I've cashed out over 200k already you braindead cunt, lmao
You've yet to show how they are a bubble. Isn't it only determined to be a bubble after it pops? Where is the pop then? You're fucking retarded.
>I've cashed out over 200k
and here'\s the last (you) you're getting from me you lying troll - until you post some timestamped proof.
And even if you are not lying - all thaty proves is that you got lucky. Even a broken clock is right once a day.
I don't have to proof shit to you, you fat fucking gimp. I don't give a fuck if you believe me, either.
>If you did I'm still right
Lol, you people with your endless bitterness. "Got lucky", oh yeah, making a solid investment after reading countless hours of material and whitepapers = Luck
Only in the world of a pseudo-intellectual waster does this make any sense.
Kill yourself, idiot.