Treefingers posted:

Have you guys ever considered that it's people like you who obsessively focus on bitcoin and why it is Bad that are really the weird cultish ones?

gschmidl posted:

Hmm I don't know who the above poster is

gschmidl posted:

but I agree with everyone in his screenshots except this "Seraph" guy (also "My Linux Rig")

junan_paalla posted:

tell me coiner, how does bitcoin make me money

junan_paalla posted:

but bitcoin is just fiat, issued by randos running computers instead of governments. fiat scrip all the same

Investopedia posted:

What Is Fiat Money?

Fiat money is government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it. The value of fiat money is derived from the relationship between supply and demand and the stability of the issuing government, rather than the worth of a commodity backing it as is the case for commodity money.

Investpodia posted:

What Is a Cryptocurrency?

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.

YOSPOSneedsTherapy posted:

Try again nocoiner.

junan_paalla posted:

so for what commodity can i redeem my btc for? without commodity backing the money's just fiat but without a government enforcing its use, so even less useful

URL grey tea posted:

the goat is out of the barn yard again

junan_paalla posted:

someone will sell me a commodity for my fiat money, making it commodity backed and no longer fiat

junan_paalla posted:

in the end why should I 'invest' in ""money"" instead of investing in something that makes money? even in the post hyper-coinization poo poo wasteland, do I want to hoard coinz like a dragon, or make hodlers part with their coinz in exchange for my goods and services they can't live without? a profitable business will make me money no matter what the prevailing currency is, and I don't have to speculate on which coin, if any, wins the tournament arc

Chalks posted:

I too am desperate to convince a forum filled with strangers about this thing being good.

It is not a sign of my enormous insecurity, no, it is a perfectly normal thing to do.

YOSPOSneedsTherapy posted:

junan_paalla posted:

i don't have to start my own business, i can just buy ownership, and thus cashflows, from an existing succesful one. i wont have to post on forums, desperately trying to get more people to buy in after me if my investments provide cashflows from profitable business instead of just new entrants cashing out the top of the pyramid

junan_paalla posted:

yeah my paper millions depend on there being people ready to actually give me money in exchange for my distributed ledger entries, and I can't stop obsessively posting about how you should give money in exchange for these distributed ledger entries, what of it??

gschmidl posted:

Ok we've all given up and bought bitcoin, your mission is accomplished.

Paladinus posted:

Yes, sure, I'm going to trust someone who couldn't even figure out camel case for their own username

Paladinus posted:

Yes, sure, I'm going to trust someone who couldn't even figure out camel case for their own username

YOSPOSneedsTherapy posted:

: Negative:

Truly I am owned, utterly defeated, and shamed off the forums.

Shumagorath posted:

267th Re-reg
can't correct for space auto-inserted by his 2015-era Xiaomi piece of poo poo idiot phone for moron coiners

YOSPOSneedsTherapy posted:

You made this post a full 3 minutes after I fixed the smilie, which means you deliberately edited it to be broken again.

This is deeply cringe.

Hammerite posted:

you would think after so many accounts you'd know not to sign your posts.

YOSPOSneedsTherapy posted:

The rules don't apply to me. Perks of being a hodler. Thought you'd have figured that out by now.

YOSPOSneedsTherapy posted:

Munkeymon posted:

please don't post screenshots from your favorite fetish videos itt

Boxturret posted:

YOSPOSneedsTherapy posted:

Bitcoin is literally the best performing asset in history. In a little over 7 years I have seen 200x gains, and it's showing no signs of slowing down.

Shame Boy posted:

seraph thinking that elon musk liking a thing is somehow a big own is hilarious

dude also thought you could make a car factory entirely out of robots that went so fast everything was a blur, or that his rigid tube was a good solution for saving those thai boys in that cave

Boxturret posted:

I think seraph should answer for the thousands of dollars he donated to a known domestic abuser, personally