Is it just because it's cool not to care about FIAT or is there more to it?
What is the logic of following how many sats a coin is worth rather than its dollar worth?
Easton Powell
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Jayden Powell
Muuuuh Dollar values. Faggots like you deserve to stay poor. You still didn't get it and yet you are still here
Brandon Morris
It’s a more honest way to test your success as a trader.
Last year, people could say “I turned $1 into $2 trading crypto! I’m the next Warren Buffet!”
In reality, if they were measuring in Satoshis, you would realize they actually turned 100 Million Satoshis into 20 million Satoshis, because BTC rose 10x while their shitcoins went 2x
Ian Harris
Because if bizlets admitted to themselves that fiat value is all that truly matters they would have killed thrmselves long ago.
Juan Diaz
Nathan Baker
Don’t be a dick, people come here with honest questions about crypto don’t bully them and try to act cool for your internet friends
Isaiah Wilson
I'm far from poor but thanks for your contribution nonetheless!
Jason Fisher
> falling for the disregard fiat acquire sats meme in Q4 2018. Sad
James Watson
Ah I see, it's a side effect of bitcoin being the big dog for so long.
Just out of curiosity, did people used to consider ethereum a shitcoin for long time in the same way a lot of coins are nowadays?
Angel Martin
fiat is all that matters
nationaldebtclocks.org
us money supply
tradingeconomics.com
check max when you are there
How long do you think this party will continue? Another 10 years? Another 20? Tick fucking tock. Only crypto and commodities will survive the shitstorm
Aaron Hernandez
go back to fucking reddit faggot
Julian Hughes
Because the game of 2017 was beating the profits you could make by just holding Bitcoin instead of trading shitcoins, making more dollars was way too easy and not a good benchmark.
Thomas Ward
Except that bitcoin's market share was at its lowest in January.
Anthony Murphy
I live here
Thomas Miller
He doesn't know why but he is lashing out to feign intelligence.
Eli Perry
just for convenience
most shitcoins are only traded against BTC
so you have to convert its value for 2 times if you use USD
Nathan Johnson
It corrects for bitcoins volatility, If BTC is going up and your coin goes up with it, your coin hasn't really improved. IF your coin appreciates relative to BTC, it means it's actually doing well relative to btc. When your coin is going up in price relative to USD, it's probably because btc is going up.
Jayden Fisher
>being nice is for redditfags
>I am cool and edgy
>le Jow Forums army
>MOOOOOM I'M HUNGRY
Austin Cox
stop spoon-feeding retards
you're going to ruin crypto
Connor Adams
It makes more sense from the standpoint of accumulating. As long as your stacks are growing from trades it doesnt matter what the dollar value is short term, assuming golden bull is coming.
Isaac Foster
if you aren't trading it against USD, why the fuck would you measure it in USD? coin price is in sats cause that's what it costs.
Dylan Walker
Thanks anons, I finally get it. I actually learned something today
Cameron Nguyen
And what if sats are going down in value for 8 months? You can literally hold USD and gain sats that way. I guess everyone is a master trader this year.
Aaron Clark
FIAT matters when you buy in/cash out
everything in between should be in SATS tho
Kevin Harris
holy shit all this worthless discussion. Its very simple, if you think btc is going up you measure in sats, if you dont you measure in fiat.
Josiah Howard
Jonathan Scott
The only reason to measure things in Sats is to know if you would have been better off holding bitcoin or the altcoin.
Joseph Reyes
because it is traded against bitcoin or eth and typically not the dollar..
Hunter Cooper
You trade in sats because btc price changes and you won't know if you're getting justed by btc dumping or by your shitcoin dumping.
You track your trades in sats and your portfolio in both byc and dollar values.
Elijah Adams
got any rebuttal you brainless twat?
Luke Garcia
Hi rebbit.
Nolan Powell
Only Bitcoin matters, fiat is doomed to fail. It's a when, not an if.
Caleb Sanchez
If the coin doesn't outperform Bitcoin then you're better off just buying Bitcoin. If the satoshi price stays the same or declines when Bitcoin moons then you're losing out.
David Cooper
Man op its simple.
If you think btc going up forever trade and hoard in sats
If you think btc not going up forever use fiat
I trade in fiat and dont give shit about sats FOR 2.5 years now...
Thing is its fucking handy when you want to know do you acually outperforming btc and is your bag only pumping tnx to btc or not so u get used to sats count anyway :(
Oh and obligatory:
>NORIMES BACK IN MARKET MEAT BACK ON THE MENUE BOYS
Liam Adams
This. I only care about USD value when cashing the shit out to my fucking bank account. Everything else is about accumulating as much BTC as possible.
Jack Flores
>used to
Leo Thompson
you want to be rich in btc not usd nigga
Robert Myers
Because the only reason to trade shitcoins is to get more Bitcoin.