What's the point of this again?

Unconfiscatable, uninflatable store of value and uncensorable, permissionless, global settlement layer in the form of an open source protocol that can be extended by layers with different trade-offs, such as the Lightning Network.

Attached: bitcoin_lindy_effect.jpg (2048x1154, 193K)

Attached: 8jEO9YLg_big.png (967x507, 53K)

Remember that the biggest winners during the gold rush were selling pickaxes.

I don't know what gold rush has to do with bitcoin. In bitcoin the biggest winners are those who recognize it to be the only absolutely scarce store of value in the history humankind, purchase it for their reliably depreciating fiat and hold it until the peak of the next speculative cycle.

yep basically that and scams - many scams in addition to manipulation by printing something with no value (stable-coins) ... bitcoin is worth nothing and never will be, its pure speculation which blew up mid 2017 approach peak interest and price manipulation by exchanges

nothing short of criminal but it stand to reason that gov agencies might be involved to wash/launder their slush funds (nsa)

fuck knows really, but personally i'm highly doubting the current gen of "crypto currencies" will go anywhere

trade stocks but be careful ... crash is on the horizon for real, when it will crypto scams will just further diminish in value as people scrounge to make ends meet

Attached: 1519231956207.jpg (1596x956, 377K)

a meme internet token

>store of value

retard, please

thats because you're retarded mate ... how can you be remotely interested in this shit and not know?

specialized mining hardware ... entire mining farm operations, fueled by every silicon/chip manufacturer on the planet - AMD, NVIDEO

never mind the average joe retard buying 2 - 3 gpu's to mine shitcoin and spend insane amounts of electricity - benefiting their business as well

oh right the ico industry ... as well which is now a mere shadow of itself

Attached: 1483623064432.jpg (261x197, 10K)

Bitcoin yearly lows:
2012 – $4
2013 – $65
2014 – $200
2015 – $185
2016 – $365
2017 – $780
2018 – $3200

You are right, the value isn't just stored, it is appreciating as fuck because we are still super early and the stock to flow ratio is getting lower every 10 minutes.

Attached: 1439911025179.jpg (306x306, 13K)

bitcoin is the only one trustless permissionless public ledger to date that is secure. that and supply and demand there is only ever 21 million coins for 9 billion people.

you use it to buy SKY

Attached: SKY HAZE.jpg (720x1280, 153K)

Why would I as a retail investor be interested in selling mining equipment? None of the bitcoin ASICs are made by publicly traded companies, so I can't even invest in them and even if I could, they would appreciate less and with more risk than bitcoin itself.
As for NV and AMD, they are not relevant to bitcoin mining at all. It seems that you are the one who is retarded, mate.

> Why would I as a retail investor be interested in selling mining equipment?

jesus

> None of the bitcoin ASICs are made by publicly traded companies, so I can't even invest in them and even if I could, they would appreciate less and with more risk than bitcoin itself.

christ ... i'm at loss of words just miring your stupidity

> As for NV and AMD, they are not relevant to bitcoin mining at all.

google: mining boom chip makers or nvidia/amd

check: their stocks ...

Attached: 1551162956040.png (1000x432, 165K)

you both sound like drooling retards sorry

yea thats great but 3 billion of those people are living on less than $2.50 a day

These aren’t arguments, just ‘huhuh yr stupid...’

That is a nice picture of yourself. It seems that you have trouble comprehending my point, so let me rephrase for sub-80 IQ dumb fuck like yourself:

GPUs are used for mining alts, not bitcoin. It is unlikely there will be another altcoin mania, but even if it happens you will make less % gains on NV stock, than on bitcoin itself. Don't believe me?

If you bought NV stock and bitcoin in Jan 2017 you would now be up 40% on the stock and 400% on the bitcoin.

Now you can kill yourself, you retarded cretin.

Attached: 1455226641503.jpg (720x404, 20K)

> GPUs are used for mining alts, not bitcoin.

imagine not having a grasp on the crypto economy "muh bitcoin, noh mining, noh scams"

hahahaha fuck me :D ... the only reason to visit biz these days is for fun these days eh?

> If you bought NV stock and bitcoin in Jan 2017 you would now be up 40% on the stock and 400% on the bitcoin.

do you even realize what you're comparing - in terms of value, accessibility and legality ?

Attached: 1551167706295.jpg (682x900, 111K)

Value: Nvidia competes on the market for GPUs and has mktcap 95 billion, bitcoin competes on the market for money (the second biggest market after real estate - currently 80 trillion) and has mktcap of 60 billion. Hmm, which one is better value investment???
Acessibility: to buy nvidia stock you need to have an account at a broker or service like robinhood, anybody on the entire planet can buy bitcoin through decentralized exchanges like Bisq, non-KYC ATMs, localbitcoins, vouchers like Azteco or dozens of KYC exchanges
Legality: bitcoin is outlawed only in handful of shithole countries and that doesn't stop their citizens from using it

>As for NV and AMD, they are not relevant to bitcoin mining at all. It seems that you are the one who is retarded, mate.
You can't be THAT retarded, please tell me this is bait.

bitcoin exists because fiat is not a scam at all guys buy more fiat

IT WAS THE FIRST CRYPTO :3

delete this

Because it's the only crypto that matters or will ever matter. All of your dogshit scamcoins are built on the system bitcoin created

borderless censorship-resistant cash for everybody, with a fixed maximum supply, as well as being a public ledger to reduce corruption

Attached: face44.jpg (810x810, 86K)

A store of value means you can buy an asset at any time and expect it to retain it's value over time. Not going up 10000x in a few years and down 7x the next year.

That's not a store of value that's a ponzi.

Fucking retards.

Attached: 1551278283073.jpg (590x1024, 42K)