Stop taking him seriously, his breed dying and that's good.
>>3488613
He's either a moron or devious.
Who does he represent?
>>3488613
He's an Ethereum maximalist. Notice he only said Bitcoin sucked and not crypto as a whole.
Eeople here are so deluded.
What really justify the price of bitcoin? The idea? The infrastructure? Etc? Have you guys actually done a survey and check it out. Compare bitcoin with say Amazon AWS? I mean let's not take the "mining" cost into consideration. After all. Does mining add to the actual value?
I mean is bitcoin really a evolutionary concept? After all, for example. Someone say that bitcoin transaction is fast. But then, so is paypal, etc. People say that there is no centrality in bitcoin. But then 95% of bitcoin is being held by a few entities. So what gives.
Let's compare a bitcoin with say even your own laptop. Can you say that complexity wise , your bitcoin is actually more complex then say your laptop or even your phone?
It's just incredible that everything under the sun is being used to justify bitcoin. Showing how naive people really are.
I guess people really do not know that prices can be manipulated.
Putting money into something that is really not backed up by anything, do not have any income generating potential accept for capital gains,is just a more complex version to say gaming money, is pathetic. I mean if say bitcoin go to zero, how are you going to justify that you made a calculated judgement in the first place? I mean are you going to say that this coin is providing me with interest? Are you going to say that this coin is something tangible that I can use for my daily life. What is the physical manifestation of this. I mean come on even email which cost nothing has more utility then bitcoin.
Bitcoin is nothing then just electric ledgers being passed around with people assigning value to it after all. No different actually from say somekind of medium money whereby if say I happen to hold this money, I will be blessed from the gods. It's no different from fiat actually. But at least with fiat, the money is "based" on the economy of that nation.
Cannot help but write this because i am getting irritated by the comments here.
oi
>>3488608
> I mean let's not take the "mining" cost into consideration. After all. Does mining add to the actual value?
Yes.
> 95% of bitcoin is being held by a few entities
False.
> But at least with fiat, the money is "based" on the economy of that nation.
Lol
You don't understand what gives bitcoin its value. You should just stop posting until you do some more research.
>>3488608
Are you trolling? I think you're trolling.
Bitcoin is a currency and store of value. It is stateless, immutable, transparent and distributed.
No one "owns" bitcoin and if the economy gets bad the state can't just QE or print money to get out of it.
That is the value of Bitcoin. Some Jap can store the value of their wealth in a store that their government cannot devalue by printing money.
The bank can't just seize all your Bitcoin because someone told them to.
You can transact any sum of money any distance in a relatively short period of time for a relatively small fee.
Other people think it has value.
That's the real value of Bitcoin.
GET THE FUCK IN HERE BOYS WE FUCKING MADE IT OUT ALIVE
IT'S NOT OVER YET ReEEeeeeeeeeEEEE
I have never sold and never will.
You will have to pry my Bitcoins from my cold dead hands before I would sell.
B-but we're in the bulltrap right now ANON
Real talk here /biz/, say American and British exchanges get closed as well.. following China with the ban on exchanges and setting a date on which they shall be closed.
I'm from Britain and if this were to happen would I have no choice but sell my BTC before the exchanges closed because after they close I can't really sell my BTC back to fiat and into my bank account
what are you supposed to do in that situation? would there be no way apart from local bitcoins to get BTC > FIAT> BANK ACCOUNT?
why wouldn't you hold btc is going to supplant fiat as the glorious new Utopian currency?
>>3488522
>Britain
>Banning anything related to money
top kek. We may ban guns and free speech, but something like bitcoins would never be banned here. We have bookies in every corner and magic places like the Isle of Man, Jersey and Gibraltar. This is the last place Bitcoin would be outlawed.
You could also quit being an autist and just go local bitcoins.
>2018: The Chinese government buys 60% of all Neo. Shorty thereafter, they announce plans to release a digital version of the Chinese Yuan, the 'Neo-Yuan'.
>2020: To compate with China, the US Federal Reserve announces plans to use a decentralized blockchain to regulate the supply of the US Dollar.
>2021: the new cryptodollar will use the Bancor reserve and the Ethereum network.
>2022: governments around the world follow the US and Chinese lead, announcing plants to shift from fiat to crypto. Some adopt Neo, but the majority implements their native currencies using the Ethereum network and the Bancor reserve.
>2023-onward: the shift to crypto creates unseen economic stability. Bancor allows people to trade any asset without spread or fees. Early adopters of Bancor become billionaires.
>2025: Satoshi Nakamoto is declared a hero of humanity by the United Nations.
>2035: Galia Benartzi receives the Nobel Prize in Economics for the creation of the first smart token and solving the problem of the double coincidence of wants.
>he fell for neo AND bancor and copes by trying to force a shitty meme on a japanese forum for pedophiles
Why would a government buy in to a premined crypto scam if they can premine their own scamtoken and force it on the population?
>>3488570
they already did that. its called bitcoin
So i'm making around £3k on YouTube monthly by uploading copyrighted documentaries and filling them with ads. I get around 840000 views a month on my channel to make that. Only around half of my stuff is monetised.
How dangerous do you think this is? I mean I'm making some serious money here and starting to get a little scared.
Ride the tiger dude
Whats your channel bro I promise I won't report
enjoy those lawyer fees
Rich cunts BTFO. Bitcoin network is failing. Whales want out but can't sell because the network is locking up. Exchanges are shutting down. It's over.
Taking 1 hour to verify transaction and $20 fee. Bitcoin needs to BTFO.
>>3488449
>this is OPs shitty attempt at fuding because the retard missed the moon
>>3488449
OP real life picture
When do you guys ever LEARN?! You've seen previous crashes before, the bulltrap. Its down hill from here boys
>>3488437
It's human psychology.
>>3488437
This is just the dead cat bounce that would make shorters post pink wojaks too.
The actual recovery will take a month or even more.
>>3488437
I hope so. It wasn't worth it for me to invest at 3k but a little lower and it's too juicy to pass up.
bitcoin false by china block / china accept neo
moonlight in progress
https://bittrex.com/Market/Index?MarketName=BTC-NEO
>>3488432
holy shit this post is awesome in so many ways.
holllyyyyy
check'em btw
>>3488432
Woweeee lil buddy
Oh snap!
Haha.
Pussy hurts?
Pussy hurts?
Pussy hurts?
Pussy hurts?
Pussy hurts?
>>3488327
Are normies whipping out their "I TOLD YOU SO" posts yet?
what happens if i sell short a stock and it goes to zero?
>>3488315
Infinite mone.
you win a million dollars and take over all company assets
>>3488315
Unfortunately, when you short, the most you can gain back is double
>nearly every high volume coin moons after the bounce
>mine makes a measly 5% gain
ITS NOT FUCKING FAIR WHY DOES THIS ALWAYS HAPPENS TO ME WHY WHY WHY
noob, chill.
>>3488281
How does that make him a noob you fucking nigger? I'm in the exact same boat.
>>3488304
Because he's getting emotional and freaking the fuck out. Seasoned investors and traders leave emotions out of it.
B-but Goldman Sachs said BTC is going down $2,221...
>>3488230
They meant euro, now buy in before it's too late!
>he listened to the kikes
JPMorgan and Goldman Sachs thank you for the free bitcoins
>>3488248
Never FOMO. If you FOMO, sit it out.
There is nothing in here. Crypto, bitcoin, your bullshit, nobody cares about you and your organized scam crime.
Crypto isn't backed by anything. It is literally nothing but air.
Whoever supports crypto should be shot.
S A L T Y
A
L
T
Y
NOCOINER
You're wrong
NICE SALT NOCOINER WEEB FAGGOT
If you fall for it you better just give all your bitcoins to Goldman
Wow it's the first time I've seen this chart. It looks very accurate, I just sold everything I had, thanks buddy
>>3488217
lmao, you posted this again when BTC is rising
>>3488217
Wow OP is a fucking genius. Just sold everything.