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-   -   How does BitCoin have any value? (https://gfy.com/showthread.php?t=1380850)

Huggles 01-09-2025 02:24 PM

Quote:

Originally Posted by mopek1 (Post 23336482)
That still tells me it's not backed by anything. I hear what you are saying on the security and utility front, but store of value, I can't see it.

It's not worth anything... it is completely fake money...

But I didn't buy it and now I haven't had any food for 36 hours, so who is actually the idiot?

I'm sure people who bought bitcoin when it was $100 are eating well tonight, even if the money is based on nothing, totally fake money. It's not even real, just totally electronic, based on nothing...

Huggles 01-09-2025 02:48 PM

Quote:

Originally Posted by adultinnovation (Post 23335869)
For example. If you would have bought only $1,000 worth of Solana at the bottom of the bear market in 2021, you would have $400,000+ right now.

Why would anyone start a business or do art, or do anything with $1000 other than dump it into some fake money hoping for a payout?

Like I wonder, why would I ever work on another book or art or anything when if you just work a shit job and YOLO the fiat into fake money, there is a much higher chance of "making money" with the fake money than there is trying to innovate or start a business?

Why even try doing anything in the "real world" when the fake money work produces so much more possible profit out of thin air? Like crypto is just the death of people actually trying to start businesses or innovate. No wonder the private sector just keeps shrinking, because shit like crypto is a sink for people's ambitions and nobody does anything actually innovative in real life anymore. No art, no culture, just soulless people dumping money into fake electronic gambling.

Huggles 01-09-2025 02:55 PM

During COVID I bought what I needed to hand make books, and I made them and sold them outside of liquor stores in -14c weather, literally stood outside selling books that I hand-made.

Meanwhile, instead of spending that money on ink, paper, the paper cutter, and the book maker to sell books for $20, if I had just YOLO'ed that money into Doge coin or some other shitcoin, I'd be farther ahead in life... off fake money that isn't even real!

Just seems like life itself is so based on fakery and deception... and meanwhile, you still get banned for 30 days on Facebook if you say a man in a dress is not a woman... our entire society is a house of cards that runs on lies!

Meanwhile, the soulless people who took the "vaccine" and just bought fake money crypto are the richest ones now, while I cannot even feed myself. Totally bizarre world to live in. At least I'm back uploading porn, something that has value in this fucked up, insane world.

https://i.ibb.co/G24cJ9N/1638644866964.jpg
https://i.ibb.co/C1C8skV/IMG-20220108-135626.jpg

2MuchMark 01-09-2025 04:22 PM

Quote:

Originally Posted by mopek1 (Post 23336482)
That still tells me it's not backed by anything. I hear what you are saying on the security and utility front, but store of value, I can't see it.

You're right. It's not "backed" by anything at all. It a very basic sense, it's only valued at what people think it is valued at.

Huggles 01-09-2025 04:42 PM

Quote:

Originally Posted by 2MuchMark (Post 23336597)
You're right. It's not "backed" by anything at all. It a very basic sense, it's only valued at what people think it is valued at.

The whole thing seems like a giant scam, like it is make-believe that it has any value?!?!

So bizarre to see an electronic dollar, worth nothing in the "real world", holding 100k of dollar value. Like, how? Why? Are there that many criminals in need of money laundering and a way to hide millions of dollars on a hard drive?

The people who own bitcoin aren't at $0 and with nothing to eat like I am, definitely should have bought it even though it seems like a huge scam. It having value makes zero sense to me. It just screams "massive scam fake ponzi scheme" but yet keeps going up and up and up... :1orglaugh:1orglaugh:1orglaugh

Huggles 01-09-2025 05:30 PM

Fuck if I had just bought bitcoin I wouldn't be literally starving

celandina 01-10-2025 08:45 AM

Many years ago somebody tried to explain to me baseball: " There is a pitcher and the catcher. After the pitch then the 1 st baseman runs to the second baseman....."... After this point nothing made sense. Just like explaining crypto..... " there is a mining bank, which mines crypto, then the bank puts it in the wallet......"... So, where is the third baseman :1orglaugh

sarettah 01-10-2025 09:45 AM

Quote:

Originally Posted by celandina (Post 23336734)
Many years ago somebody tried to explain to me baseball: " There is a pitcher and the catcher. After the pitch then the 1 st baseman runs to the second baseman....."... After this point nothing made sense. Just like explaining crypto..... " there is a mining bank, which mines crypto, then the bank puts it in the wallet......"... So, where is the third baseman :1orglaugh

Whos on first

Huggles 01-10-2025 10:03 AM

Quote:

Originally Posted by celandina (Post 23336734)
Many years ago somebody tried to explain to me baseball: " There is a pitcher and the catcher. After the pitch then the 1 st baseman runs to the second baseman....."... After this point nothing made sense. Just like explaining crypto..... " there is a mining bank, which mines crypto, then the bank puts it in the wallet......"... So, where is the third baseman :1orglaugh

:1orglaugh:1orglaugh:1orglaugh

celandina 01-11-2025 07:58 AM

Quote:

Originally Posted by sarettah (Post 23336759)
Whos on first

I am on first, who is on second :1orglaugh

2MuchMark 01-11-2025 09:09 PM

Quote:

Originally Posted by Huggles (Post 23336616)
Fuck if I had just bought bitcoin I wouldn't be literally starving

Are you starving for food, or attention? You can’t eat bitcoin, but you sure can snack on that pity party. If whining were a crypto, you'd be a billionaire....

Thankyou, thankyou - I'll be here all week. Thankyou...

Stop wasting your time here and start looking for a jerb over at https://monster.com instead.

Huggles 01-12-2025 08:00 AM

Fitty (four) dolla signups!

https://i.ibb.co/GspXSvP/54signups.png


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