Minichan

Topic: Why should I believe Bitcoin will ever reach 100k?

Anonymous A started this discussion 1 year ago #117,370

I really would like to hear the arguments for buying Bitcoin at this price. Redditors are entering the manic greed phase and are making stupid (yet unironic) posts about taking out 16% interest personal loans to buy Bitcoin. It’s not a very good sign.

Anonymous A (OP) double-posted this 1 year ago, 8 minutes later[^] [v] #1,292,586

boof joined in and replied with this 1 year ago, 11 minutes later, 20 minutes after the original post[^] [v] #1,292,587

I don't quite get how making computers use up shitloads of electricity is "mining"

Anonymous A (OP) replied with this 1 year ago, 2 hours later, 3 hours after the original post[^] [v] #1,292,593

> Why should I believe Bitcoin will ever reach 100k?
I really do want a serious answer to this question. I’m sure there are some Bitcoin bulls on this board, I want those bitch niggas to come in this thread and try to explain themselves.

Anonymous C joined in and replied with this 1 year ago, 1 hour later, 4 hours after the original post[^] [v] #1,292,598

https://minichan.net/topic/5147

dw !p9hU6ckyqw joined in and replied with this 1 year ago, 6 hours later, 10 hours after the original post[^] [v] #1,292,634

So like what is he expecting because best case scenario if he sells at 100k he would make about 6k minus the interest on the loan

tteh !MemesToDNA joined in and replied with this 1 year ago, 6 hours later, 17 hours after the original post[^] [v] #1,292,666

@1,292,586 (A)
I miss when /r/Bitcoin and the other cryptocurrency communities actually discussed development and adoption etc., and weren't 80% "diamond hands 💎🙌 #HODL $500k by 2030?! to the moon! 🌝" retardation from idiots.

tteh !MemesToDNA double-posted this 1 year ago, 5 minutes later, 17 hours after the original post[^] [v] #1,292,667

@1,292,587 (boof)
There should be a proof-of-work cryptocurrency that folds proteins or some shit — a useful application of processing power. Like the Folding@home project but you get a small amount of funny dog meme Internet money periodically.

Fake anon !ZkUt8arUCU joined in and replied with this 1 year ago, 1 hour later, 19 hours after the original post[^] [v] #1,292,671

@1,292,666 (tteh !MemesToDNA)
That's what happens when it goes from being a niche hobbyist project to a mainstream speculative asset.

boof replied with this 1 year ago, 1 hour later, 20 hours after the original post[^] [v] #1,292,678

enshitification is a term someone came up with

Biden joined in and replied with this 1 year ago, 10 minutes later, 20 hours after the original post[^] [v] #1,292,680

Bitcoin’s a scam, folks. I’m serious folks!

Anonymous H joined in and replied with this 1 year ago, 1 minute later, 20 hours after the original post[^] [v] #1,292,681

@1,292,593 (A)

> >Why should I believe Bitcoin will ever reach 100k?
> I really do want a serious answer to this question. I’m sure there are some Bitcoin bulls on this board, I want those bitch niggas to come in this thread and try to explain themselves.

duhh crypto #2damoon just trust me bro

(Edited 10 seconds later.)

Anonymous I joined in and replied with this 1 year ago, 2 weeks later, 2 weeks after the original post[^] [v] #1,295,051

@1,292,667 (tteh !MemesToDNA)

> There should be a proof-of-work cryptocurrency that folds proteins or some shit — a useful application of processing power. Like the Folding@home project but you get a small amount of funny dog meme Internet money periodically.

There was Primecoin. The proof-of-work for primecoin resulted in finding long chains of prime numbers.

https://en.m.wikipedia.org/wiki/Primecoin

(Edited 46 seconds later.)

Anonymous J joined in and replied with this 1 year ago, 8 hours later, 2 weeks after the original post[^] [v] #1,295,117

Remember that time Fatfuck claimed he'd made over $2,000,000 in bitcoin? That was supposedly on top of the money he inherited from his mother.
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