/sci/ - Science & Math » Thread #14326821

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Anonymous Tue 22 Mar 21:27:00 2022 No.14326821 View Reply Original Report

Quoted By: >>14326832 >>14326844 >>14326980 >>14327003 >>14327059 >>14327249 >>14327405 >>14328377

How do you value a crypto without speculation?

Anonymous

Anonymous Tue 22 Mar 2022 21:30:11 No.14326832 Report

Quoted By:

>>14326821
>crypto
who?

Anonymous

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Anonymous Tue 22 Mar 2022 21:33:56 No.14326844 Report

Quoted By: >>14326852 >>14326998 >>14328478

>>14326821
>value a crypto

ZERO, there is nothing backing them.
Literally putting value on a number.
Crypto-currency is a giant Ponzi scheme.

Anonymous

Anonymous Tue 22 Mar 2022 21:35:39 No.14326852 Report

Quoted By: >>14326874

>>14326844
>this is what fiat-loving, bankster-worshipping NPCs actually believe
The irony is staggering.

Anonymous

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Anonymous Tue 22 Mar 2022 21:40:50 No.14326874 Report

Quoted By: >>14326880 >>14326907 >>14327066 >>14327092

>>14326852
The USA dollar is backed by the largest military in world history and ~330 million citizens it can tax. All sitting on one of the most resource rich countries in existence.

Anonymous

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Anonymous Tue 22 Mar 2022 21:42:33 No.14326880 Report

Quoted By: >>14326896

>>14326874

Please tell me what back crypto-currency??

Anonymous

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Anonymous Tue 22 Mar 2022 21:47:04 No.14326896 Report

Quoted By:

>>14326880
pic rel

Anonymous

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Anonymous Tue 22 Mar 2022 21:50:42 No.14326907 Report

Quoted By: >>14326918

>>14326874
>my jew-printet inflationary toilet paper certificate of debt slavery is backed by the low IQ thugs known as the US military
They're being replaced by literal trannies as we speak, though. Anyway, the fact that you need armed subhumans to convince people that your toilet paper is worth something, while cryptocurrencies need no authority to back them whatsoever, speaks for itself. :^)

Anonymous

Anonymous Tue 22 Mar 2022 21:57:19 No.14326918 Report

Quoted By: >>14326955

>>14326907
>while cryptocurrencies need no authority to back

Because there is NOTHING backing them!
They are just number, literally... just numbers.
There is NOTHING there to back it up.

It is a modern Tulip mania.
https://en.wikipedia.org/wiki/Tulip_mania

Anonymous

Anonymous Tue 22 Mar 2022 22:20:10 No.14326955 Report

Quoted By: >>14326971

>>14326918
Imagine being this fucking American and this fucking retarded.

Anonymous

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Anonymous Tue 22 Mar 2022 22:28:27 No.14326971 Report

Quoted By:

>>14326955

You would get a better return for your money buying weasel shit coffee

Anonymous

Anonymous Tue 22 Mar 2022 22:32:26 No.14326980 Report

Quoted By:

>>14326821
Every valuation is a speculation anon.

It’s why DcF on its own doesn’t work.

Anonymous

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Anonymous Tue 22 Mar 2022 22:43:44 No.14326998 Report

Quoted By:

>>14326844
Correct.
Fiat currency has value because the local government forces you to pay taxes in it, forces you to receive your wages in it and forces you to use it to purchase goods.
Even if none of those were true, fiat money would have value because you need it to pay bail.

Anonymous

Anonymous Tue 22 Mar 2022 22:51:08 No.14327003 Report

Quoted By: >>14327006

>>14326821
It's utility.

It's very simple: speculation is itself the idea that some investment will appreciate. Why do investments appreciate? Because people wish to buy them, when certain crypto platforms announce good news about releasing staking for example, the price jumps due to speculation, but it's the speculation that more people will use the service in the future than do currently

Anonymous

Anonymous Tue 22 Mar 2022 22:54:48 No.14327006 Report

Quoted By: >>14327025

>>14327003
>It's utility.

How it is ANY more useful than a regular credit card or debt card??

OR just cash

Anonymous

Anonymous Tue 22 Mar 2022 23:08:41 No.14327025 Report

Quoted By: >>14327044

>>14327006
useful how?

Monero, for example, is useful for people who don't want to be tracked or who don't want their wallet balance to be public

Whether or not it's more useful than credit cards or cash is up for debate. To buy groceries, or a car, or to receive a wage of course fiat money is more useful.

Crypto doesn't need to be more useful than cash or credit to have value, it just needs to have a utility that cash and credit don't.

Anonymous

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Anonymous Tue 22 Mar 2022 23:24:46 No.14327044 Report

Quoted By: >>14327048

>>14327025
>useful for people who don't want to be tracked or who don't want their wallet balance to be public

Money laundering for criminal activities.
Now I understand.

Anonymous

Anonymous Tue 22 Mar 2022 23:28:21 No.14327048 Report

Quoted By:

>>14327044
well yeah, that's pretty much how ripple and others started being used was to circumvent law enforcement. But blockchains can be used for lots of different applications, recording information for instance, or for executing ditigal contracts, nfts (god help us)

Anonymous

Anonymous Tue 22 Mar 2022 23:29:52 No.14327052 Report

Quoted By: >>14327060 >>14327066

Crypto has no use case except crime, is highly centralised, uses up a small country's worth of power to do about 7 transactions a minute. It's been 13 years and no-one is using it as a currency. It's monopoly money used for speculation.

Anonymous

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Anonymous Tue 22 Mar 2022 23:36:59 No.14327059 Report

Quoted By:

>>14326821
its social technology, value is derived from a social game of people all coveting a scarce good. same as gold, same as fiat, same as btc.

the concept of inherent value is copium, if it wasn't show me on an NMR where the valueite bands are

pure copium

if you want to learn how to value crypto without speculation, read pic related

bonus: works for everything else

Anonymous

Anonymous Tue 22 Mar 2022 23:37:19 No.14327060 Report

Quoted By: >>14327087

>>14327052
>is highly centralised
Do you know what "centralised" means?

Anonymous

Anonymous Tue 22 Mar 2022 23:42:02 No.14327066 Report

Quoted By: >>14327087

>>14327052
fiat is infinite growth model on a finite planet, all wars are bankers' wars, as >>14326874 USD is blood diamonds

the environmental and social cost of fiat has been nimby'ed to the middle east and eastern europe

fiat needs broken window economics to survive

hard, energy backed money, is money of peace

tomahawk missiles do not provide the same output as a hydroelectric dam

Query energy consumption US navy

also include sunken nuclear submarines

Anonymous

Anonymous Tue 22 Mar 2022 23:52:58 No.14327087 Report

Quoted By: >>14327254

>>14327060
When around 5 mining pools control most of bitcoin mining, and if they colluded, could stage a 51 percent attack.

Also, the network is decentralised, but all the data on the blockchain is still one system. It is a central system.

>>14327066
>is fucked over by the current system, so decides to remake the current system, but worse.

Anonymous

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Anonymous Tue 22 Mar 2022 23:55:02 No.14327092 Report

Quoted By: >>14327390

>>14326874
>ummm sweetie didnt you know all value derives from drone striking arab kids?

Anonymous

Anonymous Wed 23 Mar 2022 00:01:08 No.14327103 Report

Quoted By: >>14327237 >>14327252

>all these pro-capitalist class cucks who are trying to reinvent capitalism, rather than abolish it.

Read "Debt: The First 5000 Years" by David Graeber.

Cash, whether fiat or not, is an invention of states.

Anonymous

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Anonymous Wed 23 Mar 2022 01:53:48 No.14327237 Report

Quoted By:

>>14327103
based graeber poster
https://www.youtube.com/watch?v=K0t50D4lQrs

https://www.youtube.com/watch?v=eF0cz9OmCGw

Anonymous

Anonymous Wed 23 Mar 2022 02:01:06 No.14327249 Report

Quoted By:

>>14326821
Value is subjective, all action is speculative. The best 'speculators' are able to profit by adjusting their action in accordance of their less error free judgement of the aggregate valuations of all other subjective minds.

Anonymous

Anonymous Wed 23 Mar 2022 02:03:29 No.14327252 Report

Quoted By:

>>14327103
No it's not, money emerges in a free market. It's the most marketable good. Graber is a marxist and an economic illiterate. His books are complete garbage and have been thoroughly refuted.

Anonymous

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Anonymous Wed 23 Mar 2022 02:04:14 No.14327254 Report

Quoted By:

>>14327087
> No infinite and invisible money gun greasing up raytheon, boeing and lockeed martin for the never ending war against ocean and eurasia
> Not forced to legally forefit money just to use the POS machines in stores (your keys, your coins)
> Flash loans make fx arbitrage profitable for anyone, not just the 10 billy club
> double digit interest rates instead of 0.5% and a monthly fee (for the pleasure of them pretending you own 'your' money in a bank)

I don't know whose perspective your coming from, but for 99.99% of people, its is a multi generation upgrade

Anonymous

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Anonymous Wed 23 Mar 2022 03:42:47 No.14327390 Report

Quoted By:

>>14327092
>>ummm sweetie didnt you know all value derives from drone striking arab kids?

If you only knew how incredibly little I care about a few future terrorist being killed.

Anonymous

Anonymous Wed 23 Mar 2022 03:53:07 No.14327405 Report

Quoted By:

>>14326821
I can buy drugs and hire hitmen with it, not only that its worldwide and completely useable without any government oversight

Anonymous

Anonymous Wed 23 Mar 2022 14:33:32 No.14328377 Report

Quoted By:

>>14326821
Any crypto that is not PoW is technically worth nothing

Anonymous

Anonymous Wed 23 Mar 2022 14:55:22 No.14328428 Report

Quoted By:

>>>/biz/
post link to new thread plz

Anonymous

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Anonymous Wed 23 Mar 2022 15:18:01 No.14328478 Report

Quoted By:

this >>14326844
cryptards will try to dismiss this point otherwise they will off themself
>dude fiat is totalitarianism, the current economy is inflation-based
>buy crypto, the heckin' hard currency
It's just like the old time when quitting job to investing is the only right move. They have no fucking clue about nothing, only some nonsense shallow reasoning and the fact that some dudes luckily get rich (bro just ignore people who lost money, because only mediocre people are not willing to take risk). It's no coincidence that crypto trend first blown up from america

Anonymous

Anonymous ## Mod Wed 23 Mar 2022 16:12:04 No.14328569 Report

Quoted By:

This thread was moved to >>>/biz/47460610

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