>Crypto is 10 years old and STILL has near zero actual adoption >Very little merchant adoption, and its actually decreasing with former adopters dropping support >Your average normies sees zero reason to use crypto when fiat works a million times better >Rampant scamming, to the point that crypto is associated now to normies with scams
You will never get rich with crypto now.
The final layer of the ponzi onion has been peeled. Everyone has heard of crypto and its crazy gains in the past, everyone dumb enough to fall for a pyramid investment scheme has already jumped in last year. The party is over, and now everyone is slowly waking up the next morning and they don't like what they see. It was just a ponzi that relied on the average normie having no clue how blockchain works or what it is, but getting hyped on the idea that its the Next Big Thing, the next internet, Facebook or Apple. It isn't.
I just need to break even at this point then I'm out
John Wood
So how long until your discord buddies come to bump your dying thread?
Daniel Phillips
~2 mins :^)
Isaiah Price
You're never breaking even buddy sorry. Whales aren't fucking retards. Try being in their shoes: Say you cashed out millions at $20k during mid December. If you were in this scenario would you use your millions of dollars to pump bitcoin? Or would you manipulate the prices to bait brainlets into putting more money into the pyramid scheme but not too much or you risk losing everything since all the bagholders are just too desperate and want to break even already.
Luis White
At what price point did you enter?
Jose Miller
~15K
Jack White
Ouch. And you held throughout the entire time? How much do you have invested?
heres a counter argument...why cant whales pump the price of bitcoin way past 20k? there is enough money for a much bigger pump than 2017's pump
Josiah Wilson
Yep :(. I'm probably not seeing my money again until 2020 at the earliest
Henry Green
Why would they? Most of them cashed out all at once and made millions. If you were a whale would you pump Bitcoin knowing that there are thousands of bagholders who have been waiting almost a year to break even. The only way this sucker will pump is if the ETF gets approved, and we all know thats not going to happen.
Carter Mitchell
wake up in 1990. internet is ten years old
no adoption, no use, miss dotcom bubble
Noah Martin
Crypto will find a use. Even if it doesn't there's other shit with monetary value that's essentially useless
Carter Watson
Except it will get approved. Infrastructure is being built now. Big names are hoping into the exchange game. Don't like crypto? Don't buy. You're blind if you can't see what's coming though.
Noah Lee
the internet had far more uses than crypto does now lmao. Stop comparing the two
Easton Rodriguez
At that time? Not really. We just passed the peak of inflated expectations.
Tim Berners-Lee invented the World Wide Web in 1989.
The Internet (as we consumers know it, I don't count internal military ARPANet or local university networks as the Internet) became 10 years old in 1999, and by then was a million times more adopted than all of crypto combined.
And the Internet actually required people to buy the very new personal computers and a whole slew of hardware to use, crypto can be used with the computers and phones that everyone already has.
Crypto is basically computer code, a bunch of defined software protocols running on a network, and software should spread way way faster if its useful. Look at Google or Facebook or anything else that is the "future" that runs over the Internet, it became part of every home in America by the time it was 10 years old. Crypto runs over the Internet, everyone could have access to it if they wanted, its just that no one wants to use it because even fucking Venmo crushes every fucking crypto in every way of usability.
You're a special kind of retard if you think Goldman Sachs sees some sort of bright future in Bitcoin. Their analysts and executives have dneo nothing but call it a ponzi, which is exactly what it is.
Their Circle "alternative investment" startup bought it because of the massive value of all the customer data that was being sent into Poloniex during the 2017 bubble craze for the KYC requirements. All of this is incredibly valueable information, a new field of potential customers who are mostly young millennials and distrustful of traditional banks. If you could use crypto to lure them into their ecosystem, the way Robinhood is trying to do, that could be very valuable long term. Crypto is going bust and most millennials are losing interest, but now if they're within their ecosystem they could be upsold investments in stocks in real companies that won't lost 80% of their value in a few months.
You do realize you summed up the whole market except XRP
Xavier Kelly
lmao at pic 1000x better than wojaks
In regards to topic, well, current financial system reached it's limits and there's no math how it could be sustainable anymore. You can't pay off the debt cuz of interest rates, if whole world would spend 100% of their earnings to pay off the debt it will take more than a century, solely paying off the debt, without buying the food, gas, electricity and other essential needs. It's over. People die, empires crash, it's matter of time, but nobody knows how long will it take to collapse.
(((Coincidence))), just before this crypto comes out. 10 years of stealth emission, when 85%+ of BTC are mined (you can be sure they are in right hands), many projects come out, traditional money pours in and now we're heading to collapse (trade wars, interest rates rise, Elon Musk, IT bubble burst, central banks shattering and so on)
If you think of game theory, not having at least 0.1BTC is 100000x more dangerous than having it. Time before halvening in 2020 is your main advantage, after it you will have no excuse
Liam Sanders
>Crypto is going bust Xrapid is going live in select banks and garlinghouse has gone on record saying he fully expects big banks to be using xrapid by eoy 2019. xrapid also requires the usage of XRP for facilitating international money transfers and will negate the need for nostro/vostro.
youre retarded if you think crypto is dead. most projects are dead but projects like xrp that actually solve real problems that people need solutions to are staying and will become valuable
Wyatt Nelson
>halvening in 2020 this is such a meme. literally one person made up a halvening chart and you all are falling for it
Juan Taylor
>He thinks that normies had the ambition or intelligence to buy anything that wasn't one of the 3 coins on Coinbase. Kys
Yeah cause GS employees definitely wouldn't be told to run fud pieces for an unregulated market. Nope. Remember Jamie Dimon.
Chase Baker
Sad but true. Practically no one fucking cares about "muh decentralization".
Owen Reyes
>wake up >inflation >quantative easing >fractional reserve >intrest on imaginary shit created out of nothing that you can't even claim if everyone tried to at once >gold confiscation >seigniorage >integer on SWIFT server >mfw
No one in crypto cares about ANYTHING except the fiat exchange rate. Crypto is supposed to be this thing that "frees" us from fiat and replaces the dollar, yet all anyone cares about is how many dollars then can convince the next prospector of the ponzi into caughing up for it.
Jose Davis
if crypto was a ponzi why are banks adopting xrapid which uses xrp which is a cryptocurrency
Owen Johnson
Yep, look at stablecoins, there's no hype around them, no one shills them because you can't get rich buying them lol.
Connor Watson
First of all "banks" aren't adoping it. Mercury FX and Cuallix are adopting it, for a very specific purpose in international transfers, and only the xrapid protocol, they're not buying up XRP on the open market.
You can delude yourself all you want, but no bank with any heft whatsever is going to ever place any mission critical program within the scope of some cryptocurrency tokenization scheme where the US dollar exchange rate is dictated by a bunch of NEETs on Binance. LMFAO at how delusional you cryptokiddies are about the actual functions of the banking system and global finance.
internet began in 1983 big guy. it wasnt until 1990 that it became acessible for the smart. it wasnt until at minimum 1998 that mainstream adoption was fully realized
Brandon Hughes
ARPANET isn't the Internet. Mom's weren't logging onto the US Department of Defense internal networks and browsing their schematics in 1983 you brainless retard.
After the WWW standard started in 1989, moms were browsing for recipes on the Internet in 1999. Its found a million use cases and became fairly widespread by 1999. The bandwidth problem was fixed by faster broadband cables, and it exploded into what it is today even further.
Fucking nobody uses crypto today as anything except as something to "HODL" and then go al over the Internet to places like this to hype up the ignorant and naive into launching market buy orders for it by advertising previous gains. Its purely a tool in perpetuating a ponzi with the goal of getting more fiat.
That should say it all, the people who actually own crypto and promote it to others online are in the end doing it for no reason but to get more REAL money: fiat.
Stop with the internet comparisons already, it's embarrassing. Internet was first adopted by computer science PhDs, later adopted by the whole world. Crypto was first adopted by degenerate druggies and other scammers and later by a couple of traders and speculators but never adopted by anyone who actually knows their shit or the masses.
I sold the little crypto I had today(while barely breaking even) and I'm definitely not putting any money in this shit anymore, it had it's chance and it failed. No adoption happened because no one cared. Again if bitcoin was a stablecoin it would have literally zero hype around it. People act like they want to actually use crypto and pay for shit with it but that's all bullshit. I mean look at how little the bitcoin maximalists even cared about bitcoin being literally unusable in december. People say they care about the tech but in reality they just want to get rich by doing nothing(HODLing). Everyone just wants their bags pumped that's it. That's all there is to crypto. I'm out.
Xavier Lopez
santander already is in the process with Xcurrent idiot. the way global finance works for international transfer is prefunded bank accounts with eachother in the form of nostro/vostro and im sure youre not so retarded to not realize how shitty that setup is. so if xrapid/xrp comes along and takes out nostro/vostro and allows huge amounts of money to be transferred internationally with zero fee, well uhh idk what to tell you except youre retarded. XRP wont be held by the banks, it will only be used to facilitate the transfer however since volume will be at huge levels and since the value of XRP would need to be somewhat valuable in order to lessen the amount of XRP needed to transfer...well again idk what to tell you except that youre retarded. xrp is needed for xrapid to actually fucking work. also, banks arent buying the xrp, theyre using xrapid to get the xrp which is all done behind the scenes by ripple. jesus the amount of retard in your post is actually mind blowing
David Hernandez
>People say they care about the tech but in reality they just want to get rich by doing nothing(HODLing). Everyone just wants their bags pumped that's it. That's all there is to crypto. I'm out.
You sureeee buddy? Don't you want to get rich? Have all that money in your account and never have to worry about bills again? Then buy crypto. It's the future bro.
Jace Rodriguez
>>Crypto is 10 years old and STILL has near zero actual adoption
Right now in gaming and social media its fucking exploding.
Zachary Harris
close your eyes and look tho. imagine what op says is true then accept that without thinking for yourself. Good slave, now swallow
Aaron Martinez
Venmo takes 24 (twenty-four) hours and does work on weekends
Jackson Flores
What are you referring to?
Kevin Lee
yep, it was me
Liam Anderson
Your english is horrible Rakesh. You need to practice more.
Daniel Gonzalez
I'll practice with your dog later
Nolan Garcia
Wake up grug, gold coins are 10 years old and people are still bartering.
Luis Kelly
>be Carl Benz >the year is 1885 >create the first automobile >10 years later my invention has nearly zero actual adoption >i guess it's useless >practically everyone prefers horses >depression.exe >mfw
>EU commission built and funded a 275m€ Blockchain Observatory >EU parliament members reading up on Blockchain and Bitcoin >Transfer of value system that is extremely attack-resistant, decentralized so you don't care about the risk of someone stealing your whole dB, scam-proof and maintains its own health by proof of work
>H-Hehe blockchain is a fad guys it's totally not a radically useful concept
Levi Hughes
''ARPANET adopted TCP/IP on January 1, 1983, and from there researchers began to assemble the “network of networks” that became the modern Internet. The online world then took on a more recognizable form in 1990, when computer scientist Tim Berners-Lee invented the World Wide Web.''
Imagine falling for the MSM FUD
Zachary Price
U are dumb as fuck. They need to put in a fraction of money they made and normies+biztards will snowball it again. THEN they dump on their heads again. Repeat every few years
Gabriel Gonzalez
op is sheeple normiestan
op thinks that retail Amazon crapplatic or MicroSoft sell me $50 OS or Facebook send cat photos
etc is where the value is.
heres a hint.
value items are paid with cheques in millions, and can and are commonly siezed by govs, divource courts, tax changes etc
now we can have a store of wealth.
That alone is 20T.
Lincoln Green
yeah, no, internet is about 100x easier to understand that crypto function.
Eg banks are still operating 200~400 year old system.
A better comparison is motive power eg industrial revolution happens we are sort of in the put down rail ways.
Julian Richardson
you realise crypto can't fail, because it can't be killed. There is no off switch there is no company or person to go bankrupt.
Michael Taylor
Lol u so stupid, Lisa who watches xfactor and James who married to Emma who both like love island, know how to use forkdelta, download and wallet and send and request payment, Neil's mum knows it's faster to send money to her son who is on a gap year in some fucked up part of the world, via her phone wallet, u my friend are the reason people didn't buy 3 years a go, u are full is shit.
Kevin Fisher
ripple
Nolan Brooks
>Venmo >It allows users to transfer money to others using the service using a mobile phone app; both the sender and receiver have to live in the U.S. this thing's 10 years old too, how is it useful to me
Aiden Richardson
Don't like it? Don't buy. I for one enjoy that no gobernment and no banks can't freeze my account and they don't even know my holding, since i am using monero. Have fun.
