because most of people here are poor fags and want a higher risk higher gains like altcoins rather than low risk low gains like bitcoin
Why
Matthew Torres
Julian James
>it's easy to buy. more businesses accept it than any other crypto.
But it cant BE a business. That's the problem. A bunch of centralized shit businesses begrudgingly accept Bitcoin. Lightning will never get off the ground, its OBVIOUSLY betamax tier shit.
> "YAY the future"
The real deal is when you use a service and you don't even know or care its based on a crypto and it gains traction regardless. Screen cap this fuck boy. You will learn the hard way trust me.
Ryder Rogers
because btc died when it became centralized, fucking chinks admittedly have control. “We are potentially doing a rollback on the chain” -CZ. Buying bitcoin is literally supporting chink ass slanted eyed gooks in china. Any white male or even american resident that buys, trades or holds bitcoin should kill themselves. Imagine buying into and doing unpaid shilling for a chinese ponzi. If you’re going to buy any crypto buy an american coin. And yes, infinite supply russian scamcoin ETH is dogshit too.
BTC=china
ETH=russia
Any american holding these two coins should actually be shot on sight. And to think pseuds on here actually believe these two coins are “bank killers”, fucking idiots the FED will drop this shit to fucking zero, and all you hodlers of this shit will be jumping off buildings or on foodstamps in less than 3 years
Aiden Robinson
>because most of people here are poor fags and want a higher risk higher gains like altcoins rather than low risk low gains like bitcoin
I view bitcoin as a greater risk than say ETH / EOS for example. ETH and EOS can at any moment pump out one dapp that becomes popular, either it be a game or the next snapchat or some weird shit like that. Half the users don't even know or care its blockchain based. They just know its better than Facebook or Twitter and you get the VBucks.
Bitcoin doesn't have that advantage so its a liability when the next generation simply don't care about having it because the VBucks are all the rage.
Luis Ortiz
>unironically asking here, what does bitcoin even do that is not done better by 10+ other shitcoins? Just seems like precious metals except for 30 year old boomers.
Matthew White
>>unironically asking here, what does bitcoin even do that is not done better by 10+ other shitcoins?
Its a recognizable name and its "safe" because it leads the market. Its otherwise a dead end and it has the second most toxic user base. Personally I have a hard time sleeping at night holding BTC because I am fully aware its shit fundamentals make it a grandpa coin ready top shit the bed. I would personally prefer to take tiny bit more risk and hold stuff that matters.
Chase Gutierrez
Why the fuck are you hiding in a sewer pipe?
Ryan Evans
>At current price, daily mining revenue is $11.2M/day. [...] This is all funded by buyers.
this is true, but if "the currency costs money to exist" is bad, might wanna look at how many federal tax dollars the treasury department and federal reserve spend on their continued existence
>almost nobody saves wealth in cash
this is objectively false; lots of (especially poorer) people save money in cash, and pensions are defined in nominal cash terms, so retired people on a pension also get f**ked by inflation, in addition to poor people who save their money in cash
>(people who made money selling bitcoin) + mining costs = total losses
wrong; if the price of bitcoin continues to go up, then literally everyone who buys bitcoin makes a profit and nobody takes a loss; your model assumes that the price moves up and down but never trends upward, which is an objectively false assumption
Keep coping brother
Dylan Williams
>wrong; if the price of bitcoin continues to go up
the price only means someone traded bitcoin, it doesn't mean you can sell at it