Bitcoin shitcoin

Why is this legacy tech shitcoin just now being shilled by celebrities and hedgefunds?

The last time I used this shitcoin was to purchase some shit weed of the dark web in 2016, but now it has been replaced by Monero. Now it's basically useless.

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Butthurt shitcoin holder

look into what gives btc value over shitcoins.

It's called "first to market" dip shit

Dropped a long ago. It's a matter of when

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You see your address bar on your browser? You see the part that says http:// ? It's a complete shit and insecure protocol, in hindsight, but it got first dips and entrenched network effect. Next question

I beat all these hedgefunds to the market though, does that make me a supreme hedgefund manager?

fpbp

That’s actually a really good point. Shit

Idk what you're talking about. Mine says https.

http:// actually has purpose though, unlike buttcoin

Think deeper too. At first it was only http but everyone was like oh shit this wasn't built with security in mind, because anyone can eavesdrop on the connection between the client and the server.

So they came up with a way to retrofit SSL encryption on it, which is itself rather flawed. And violia, we have https.

All these "problems" with bitcoin will find resolutions if the pain is enough for people to throw capital and resources at fixing them

>buttcoin

gtfo boomer

Can someone knowledgeable about bitcoin answer a few questions for me? How does it bridge these problems ( as far as I can see em )

-You have people out there who have millions of bitcoincs, most of the bitcoins out there are in the hands of a few people, who can easily work together to manipulate the value of the coins to suit their needs in a way that would be grossly illegal.

-Bitcoin is a pretty slow transfer system and the minimum costs of making a transaction is pretty high. Doesn't this make it pretty hard for mundane civilian use?

I can see a world where large transactions are done through bitcoin, people who don't wanna pay taxes on their 100 million dollar building or whatever and don't mind it takes an hour for the payment to be fully verified. But how does this coin has a future as a currency for normies?

Thanks.

not really, when was the last time you just typed in "pornhub" and it connected?

>Why is this legacy tech shitcoin just now being shilled by celebrities and hedgefunds?
Because it's an exit pump (if they catch some rich idiots like Saylor it's fine too).

It's not a currency for normies. It's going to be collatoral for the rich. Normies will just be exploited for transaction fees and hype surrounding the rise in price.

normies aren't rich so what you're saying is unimaginably bullish

- if the power law didn't apply to something, you should be suspicious

- there are ways to work around the transaction limits that people are working on. Right now, the solution is centered around having separate layers of the blockchain. That is, a separate layers that tracks the main chain and dumps its transactions on it at certain intervals in a more graceful and less clogging way

Seethe more, shitcoin bagholder.

This aint no exit pamp. Profit taking for whales, sure. This aint no dump tho, coins are moving off exchanges

Wall Street wants to burn both bulls and bears, so that there are less leveraged positions. Its like a clean up of the market.

I'm down. Hodlfag for life

holy fuck, i love it. BTC is literally an IQ test, stay

still not buying your shitcoin

When you and your loved ones are scrubbing the Citadel bathrooms, because of your failure to secure generational wealth, i want you to remember this moment.

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can't claim haircomb on anything but bitcoin

BTC and XMR will coexist and will both moon

To invest in POW today is like investing in Netscape .
Can't get more retarded.

>cost to entry too high
>Too scarce

They just want in, they want you to sell for the transfer of wealth to occur.

I use Bitcoin for chargeback protection and as proof that I've done a lot of business and am legit, because if I scammed someone, my address would show up on Google
In contrast, barely anyone accepts Nano and the other shit tokens shilled on that thread.

we will all starve you boomers to death, too weak to be employed, no help will be provided to you, should have been smarter

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Mark my words, lightning will be the prominent dark net payment method within 3 years

unimaginably based.

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lmfao
Dark net will never return to Bitcoin retard. Monero is king now.