what the fuck is this shitcoin's problem?
What the fuck is this shitcoin's problem?
Jayden Baker
Other urls found in this thread:
fidelitydigitalassets.com
twitter.com
Evan Howard
draw meme lines. it's not going to attempt a breakout for another day or two.
Isaac King
it paid the cost to be the boss
Caleb Hill
Smart contracts are suddenly useful this year. Market has begun to realize pure currencycoins are worthless. Slide out of the top 10 is starting.
Jack Sanders
Don’t disrespect Dad like that
Cooper Watson
It's obviously your problem
Brandon Rivera
>what the fuck is this shitcoin's problem?
None , the supply is disappearing on the exchanges while price is constant , meaning that once the velocity of money returns it will pump hard.
To make this even more of a dick erecting fact this means the peak of the bubble will be delayed to the point that it will happen probably 400 days before the next halving meaning it will probably not explode again in another bubble.
Elijah Butler
It's functionally useless
Jackson Jackson
Maybach music
Eli Powell
based
you probably already know about ARPA
the future is here.
Julian Parker
William Evans
>To make this even more of a dick erecting fact
> it will probably not explode again in another bubble
I want a big explosion so i can buy a big dip. Big dips are the only true erection facts.
Nicholas Bennett
Nah, it's not a true store of value because it has no utility
Thomas Collins
>Muh alts
Zachary James
Are you being funny? It's utility is a store of value.
Jaxson Cox
The current total price means nothing dipshit. YFI has a much higher price than BTC. The thing that matters is percentage gain and adoption.
Hunter Long
No. Utility comes before store of value, retard
Parker Butler
>The thing that matters is percentage gain and adoption.
Of which bitcoin has consistently shown itself to be king. Every alt season new alts pop up, 2 years later they are worth nothing—every alt season new fags swear to the heavens that their favoured coin is going to replace bitcoin—it always ends the same way. Bitcoin is hard money, you cannot win betting against something like that.
Jeremiah Jenkins
>Of which bitcoin has consistently shown itself to be king.
No. The BTC dominance is on a steady decline. Try again
Aaron Sullivan
The utility is that it's a remote, secure, decentralized, transactionable store of value, which is incredibly valuable, you absolute monkey
Chase Anderson
so fucking boring drop to 9300 already
Adam Williams
>The utility is that it's a remote, secure, decentralized, transactionable store of value, which is incredibly valuable, you absolute monkey
Nope
Tyler Gonzalez
Try reading the article. Why are you so angry and how new are you to crypto? Millennial's and future generations aren't interested in gold. Everything is digitizing.
Camden Bell
I'm not reading that retarded shit. Try learning about finance and economics. The market performance of alts right now speaks for itself. People want gains not rangebound volatility.
Eli Cox
Don't read it but notice who published it lol.
>Try learning about finance and economics?
Nice projecting.
Alts have huge volatility, as they always have, and they generally follow the price of BTC, as they always have. Zero adoption due to zero use case, as they always have. DeFi is the latest trend in a conscious or otherwise acceptance that altcoins will have to find value in and of themselves.
Alexander Reed
Baby's first alt season?
Mason Cruz
BTC is trash. Nobody wants a sideways trading overpriced pile of shit
Dylan Howard
Read the article man. Just do more research, and then you can hit me with arguments.
Ayden Sullivan
I don't need to read that retarded shit. Post some screen shots if ya want. I would have missed huge gains if I'd have bought stupid ass BTC like the retarded maxipads do.
Jacob Sanchez
Youre a moron man
Jaxson Gonzalez
Lol, dude chill. Basically institutional investors started out by scoffing at or completely dismissing Bitcoin right? Recently there's been a paradigm shift in terms of what these investors are saying about it. Altcoins are great, stocks are great, gold, great. But it's sounding a lot like Bitcoin is the future in terms of a store of value. It doesn't need to be a store of value AND a currency. The key to Bitcoin mooning in any meaningful sense are companies like Fidelity investing. Fidelity knows that younger people are more likely to invest in BTC than gold as a store of value/hedge/investment. The greatest wealth transfer in the history of the earth (boomers to millenials) is going to be taking place over the next few decades.
> The Tudor Investments team scored financial assets, fiat cash,
gold and bitcoin based on four characteristics that define store of value assets – purchasing power, trustworthiness, liquidity, portability. Bitcoin’s score was 60% of the score of financial assets, but 1/1200th of the market cap of financial assets and it was 66% of the score of gold, but 1/60th of the market cap, concluding, “Something appears to be wrong here and my guess is that it’s the price of Bitcoin.”
Justin Wood
Another non-retard. Welcome to an ocean of idiots, though.
Josiah Sanchez
No, dipshit. Nobody wants to buy into a sideways trading pseudo stablecoin with exceptionally high fees. You could literally buy Apple shares and get a better price performance as well as passive income from dividend yield.
I don't care if Paul Tudor Jones thinks he's some genius because he just now learned about Bitcoin.