T-

t-

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Other urls found in this thread:

en.wikipedia.org/wiki/Tulip_mania
get.cryptobrowser.site/3803048
twitter.com/AnonBabble

Model on WHAT?

Bitcoin has no value, its just supply and demand with no underlying asset or quality.

Also, if you take 1000 opinions on anything you will get some that are right and some which are wrong, that doesnt mean that the people who were correct know what the fuck they are talking about.

What is bircoin and where can I buy it

>t.boomer who bought the top

He’s not wrong

I never touched it at all because I knew from day 1 it was entirely worthless and just as likely to crash and burn as increase.

Its purely a gamble where you ask yourself 'how much as i willing to pay, and how much is the next sucker willing to pay?' to which you cant answer because you have NO clue whats going to happen next.

The only thing I will say is that it is likely that bitcoin will increase when the next recession hits in the US, but when that is and by how much is not possible to predict, and the fact you cant say 'how much' means you could just as likely be overpaying for bitcoin today as you could be underpaying for it today, for all we know it decrease 90% because the next crash, or maybe it stagnates at its current level. But with no underlying intrinsic value you have NO reason to think one way or another.

The IRS owns his dick now. He can't eat it. Wise move John.

if you would have bought it on day 1 you'd probably be a millionaire or even a billionaire. fucking retard

And if I had purchased every share of Apple I could afford I would also be a millionaire.

If I had purchase on day 1 I would have just as likely lost all my money, the fact that the opposite occurred does not change the original likelihood of success. There was, and still is, NO justifiable reason to purchase coins other than the joy of gambling.

man this dude really wants to eat his own dick

he could just make a coin that he has control over all supply and sell 0.000000001 of it to himself for a million DAI USD tokens per coin on idex

he calls this coin bircoin. he wins. he doesn't have to eat his own dick

This COPE

>Model on WHAT?
>model
you know McAfee, don't you?

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well, he can make a token called bircoin, list it on delta and buy 0.000001 of it for $1
ez

I can't even imagine all the anger you must feel having missed not just the crypto bulls, but every single bull run since the 80s. And we are supposed to take you and your complaints about crypto's value seriously? Sorry gramps.

first of all john mcafee is pretty much insane. He probably wouldn't really mind eating his own dick and basically says as much when asked about it.
On second thought I'm not going to type the rest up just search for "john mcafee hammock"

Model changed agaim

I am a millionaire kid, and im only 29. because unlike you I understand how to value a companies intrinsic value and exploit the markets valuation of those companies.

But go on, explain the underlying value of bitcoin without resorting to any factor that isnt purely psychological.

Bitcoin’s blockchain is it’s underlying value you fucking moron. Prove me wrong.

Your stupidity is astounding. Blockchain is nothing more than a fucking ledger, the same type of technology is literally being used for thousands of different uses across not just coins by businesses the world over. Bitcoin and blockchain are not related at all except for the fact that blockchain acts as its ledger system, but that's no different from the internet and shares with online trading.

You literally just said the price of Apple stock is tied to the server bank that reports its stock price. Thats the equivalent of your dumbfuck statement.

>Bircoin
MOTHERFUCKER IS GOING TO GET OFF ON A TECHNICALITY?!

calm down nigger

there is no inherent value; bitcoin is fiat done correctly.

How can somebody be this retarded

This dude fucking gets it. Of course, instead of learn from him, Jow Forums throws rocks at him. Literally Jesus and the jews up in here...

>something that has no value will rise to a million

the only reason it rose in the first place is because it was a Ponzi scheme

Bitcoin is nothing without blockchain and blockchain is nothing without Bitcoin.

>not investing in the server banks at their inception

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if BTC is so shit and gamble money please sell so i can buy cheap thx

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>mfw I'll never tap such a booty

>I understand how to value a companies intrinsic value and exploit the markets valuation of those companies.

go on. Also disregard the retards that argue with you. I'd rather you drop more wisdom in this thread than waste your time arguing with dipshits.

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This is either bait or troll, but the thing is there are too many unknown variables to have accurately predicted 'from day 1' that bitcoin would be a failure. In fact based on a risk/reward potential, it would have been logical to mine some reasonable fraction of bitcoin (such as 0.01% of the supply) which would have taken a mere week or so on 'day 1' and kept it forever to minimise regret in future.

Instead you get to feel intellectually superior because of a poor understanding of probability, risk, and reward.

By that rationale, you'd have to acquire one of everything in existence on day 1, because it may appreciate in value. Every penny stock, every shit coin, every pair of sneakers or magic like playing card. You'd need trillions of dollars and no reticular activating system...

>Bitcoin has no value, its just supply and demand with no underlying asset or quality.
any asset has value based on supply and demand no exceptions

bitcoin is consensus

>tulips
What's the underlying value aside from mass-delusion?

>buy apple at day one for a dollar
>needs 2 decades to pump to 200 dollars
>buy bitcoin day one for 5 cents
>15 years later almost gets to 20000 and had 3 pump n dump cycles by then where you could have x10 your money as well
nice comparison

>tulips
>comparing a coin that gets used daily, has actual use and requires you to not be an absolute mouthbreathing brainlet to use to a fucking flower with 0 use only retarded inbred boomers wanted

>gets used daily
:^)
Sorry for insulting your religion. Good luck to you, friend.

Also, since you appear believe the tulip reference has something to do with people born after wwii, here's this for you:
en.wikipedia.org/wiki/Tulip_mania

Name 1 everyday use of shitcoins

Gambling and drug dealing is all it's got after 15 years.

well then the 500k prediction still stands, i doubt it will be even 1% of that amount

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get.cryptobrowser.site/3803048

Guy in here is right.Problem with the majority left in biz is they are the ones still clinging on to riches and are too emotional to step back and look at the situation as it really is.

There are no more greater fools, it reached the public in a massive way last December, coinbase being top of the app store being the biggest indicator.

This caused every media outlet in the world to look at it closely, which covered the record breaking crash in huge detail, and more importantly exposed the whole market as scams, and shit that will never be used or generate a revenue.

Institutional investors are not coming, they have bailed, this shit has less substance and is more speculative than penny stocks, and if you can tell me institutional investors are buying penny stocks in masses with a straight face.

Crypto was always about when it would hit mainstream, when the general public would buy etc, all while crypto investors hyped it up to each other as the next big thing.As long as the normie wildcard was there then it could always increase.Thats gone now.take emotion out and look at it objectively.Nothing is getting used, theres no point to 99% of it, and it will never generate a revenue.

thanks, just bought 100k

Tulips are used daily, faggot.

>fiat done correctly
>can't actually be used as a currency
By correctly you mean you put it in the trash where fiat belongs?

Bitcoin was the first of its kind, and was something you could acquire for free on day 1 (mining difficulty was so easy). Stop trying desperately to sound smarter than you are.

He's clearly smarter than you.

This nigga will be in prison by the end of 2020. Screencap this

For the muh institutional brainlets

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