Really /biz? You're gonna abandon bitcoin and buy into this russian scam? Look at this guy lol
It's only NEETs from /r9k/ shilling it.
No one except gullible retards who would've spent their welfare or allowance on tendies and toy figurines are buying it anyway.
No big loss. Some lucky guys are making a decent amount from these retards and a lot of retards are going to scramble to sell quickly soon and the rest will lose out.
The circle of life.
>mfw blockchain is the future of finance
>mfw the US makes their own instead of backing bitcoin or other meme currencies
>/biz/ loses millions
>early adopters of new US blockchain currency make millions
I will drink your tears, /biz/
and who gets to adopt the new currency I may ask?
ANSWER ME. ANSWER ME POO POO DOO DOO HEAD. PEE PEE!! PEE PEE!!!! ANSWER ME PEE PEE HEAD! PEE PEE YOU LIKE PEE PEE!
You're missing the point of a bank blockchain.
A bank blockchain would not be open to the public it would be a sort of shared database between banking institutions.
this would by definition would make it uncompetitive against a public blockchain like ethereum because it isn't a public blockchain by definition.
There is nothing to suggest that a bank blockchain would mean the end of public chains because they simply serve completely different purposes.
Although, the banks using the ethereum code for their private chain (which they are doing) would be good news for the ethereum public chain because it would allow interoperability between the 2 systems.
If anyone wants to donate ether to me personally for all this voluntary shilling i'm doing you can send some to the following address:
The more donations recieved the harder i shill.
A blockchain is a distributed ledger that relies on consensus between nodes. It's part of what makes bitcoin work. Its a solution to the byzantine generals problem which allows a p2p currency to function.
All of this shilling has inspired me. I'm going to start my own currency. Here it is... (see photo).
I'm calling it the Benny. It's a organic based currency based on the intestine-chain processing of common food items.
Get in now while you still can... Since Benny is now 7 years old, there is only a limited supply.
As time goes on, there is even a guaranteed chance that he will no long be producing this valuable currency, which means the value can only go UP.
If you're interested in getting in on the ground level, I will sell you one bennie for only $700. (or a deal today for only 15,000 ETH)
Yes, I've heard rumors that there are similar currencies. There's the Spot, the Rex, the Shasta and the Buttons. But these are the REAL benny's, so you know it's the real deal.
Get in now. Save them, collect them, show your neighbors and family how smart you are.
You're a silly old man who never amounted to anything why should anyone listen to what you're saying. Take a look at yourself, buy ethereum.
Because I am, for the most part, presenting a reasonable fact-base argument against this ponzi scheme.
As opposed to the shillers, who keep talking pipe dreams, fuzzy logic, and insanity.
As I said a few days ago, Ether is a perfect term for this: a substance once thought to rule the world until everyone found it it never existed.
And as far as my accomplishment go... you don't know what I have or have not accomplished. But at least I'm not flooding the internet with posts in order to steal money from suckers.
Lol ponzi scheme. LOL
Seriously? It's a ponzi scheme in so far as any currency is a ponzi scheme. If lots of people buy swiss francs what happens to the value of swiss francs? Does that make swiss francs a ponzi scheme? Oh wait swiss francs is even more of a ponzi because the swiss government can print as many as they like rendering your swiss francs worthless.
If you fucking paid attention you'd notice none of the current threads that mention ETH are even started by ETH supporters. They're all started by morons like you telling everyone to not invest in something that's going to obviously make them incredibly rich.
Why do you hate money? Is it because you don't understand it and can't be fucked to learn?
You're talking about a fiat currency.
The Swiss Franc and the American Dollar are, like ETH, a fiat currency. But there is a major difference...
The various national fiat currencies are backed up by the full faith and credit of the governments who issue them. Some are more trustworthy than others, but the guarantee exists just this same.
In the case if ETH, it's an attempt at a fiat currency, but the only thing backing up its value is the hope of those who pump their money into it.
One common theme of those who support these crypto-currencies seems to be the belief that there is an imminent destruction of national currencies around the corner.
According to them, BTC or ETH is the solution. Just keep your money in them, and you will be able to ride out the catastrophe like a rich man.
But this idea denies both the way a collapse would actually take place, as well as the fact that any collapse strong enough to sink the dollar would sink BTC and ETH first... since they are not broadly used for anything other than transactions/conversion between real currencies.
Now... if you could walk down the street and use a BTC to buy a loaf of bread (not ONE street out in SF, but ANY store)... if you could stick a BTC in your drawer for 50 years and pull it out and use it to buy a loaf of bread in the future, that might be one thing. But that's not the reality we are facing right now.
BTC and ETH only have "value" because a (very) small group of people want to convince themselves (and others) that it does. But it's a myth.
Not true. This is the first one I saw started on the theme that it's a bad idea.
Yesterday I spent a few hours arguing in another thread with someone (maybe you) on the subject. The theme of that post was "I'm the first HTC millionaire". So there is active shilling going on here.
I didn't start that thread. It was started by a liar and a troll to make people think the top was in. And the fun was over. Literally a handful of people are ethereum millionaires. The addresses and balances are viewable on a block explorer like etherscan.io
i don't actually believe in imminent currency collapse so what you say there doesn't apply to me.
I do however, see immense value in distributed cryptographically secured ledgers which provide the individual human, for the first time in history the ability to completely control their own money. If you don't like it don't invest but millions will eventually see the value in that.
As children grow up they will be exposed to cryptocurrencies, being unbanked it will allow even 10 year olds to send money to each other or get paid without even needing a bank account. And gradually as the old people who fought tooth and nail against the new die off, a new world will emerge.
I agree, I prefer to invest in projects headed by good looking slick talker. Like this guy. Guys like this never scam you.
How many more years is /biz/ going to be filled with this forced meme cryptoshit.
You literally just change the names and these threads are identical to the ones we've had for two years.
This shitty meme coin will be dead by the summer and another one will replace it and we'll have the same threads with different memecoins again next year
>You literally just change the names and these threads are identical to the ones we've had for two years.
>This shitty meme coin will be dead by the summer and another one will replace it and we'll have the same threads with different memecoins again next year
It's like dejavu.
I remember like it was yesterday the same was said with PND
Anon, you're really denying the groundbreaking developments Ethereum has brought to the cryptocurrency market.
It's customize-able, it's user-friendly, it's more secure and "futureproof", and it already has startups using its interface. It's a huge improvement over Bitcoin.
PND didn't have the corporate links. PND didn't have the fancy minimalist design and marketing. PND wasn't a Microsoft service.
People became millionaires with Bitcoin, Ether is objectively better than Bitcoin as a currency unlike all the other memecoin copy+pastes. How rich do you think those of us who invest in Ether early will get?
PND and Ripple were suppose to be as well. They were both heavily shilled here.
PND and Ripple were suppose to be as well.
>it's more secure and "futureproof"
PND and Ripple were suppose to also do this too.
No fancy marketing, no corporate links. If Ethereum was going to be a flop, you wouldn't have startups basing their applications and platforms around it. You wouldn't have Microsoft incorporating it into Azure.
Again, Ether is objectively better than Bitcoin while PND and Ripple were just memes.
Oh look, it's literally the same reply I got when I posted this about Ripple, Monero, Darkcoin, and PND.
You literally just changed the name
There's is nothing special about this pump and dump
No one became a millionaire with bitcoin. That is objectively false. A few people made several thousand dollars, but no one made a million off it.
>No one became a millionaire with bitcoin. That is objectively false. A few people made several thousand dollars, but no one made a million off it.
This. The "millionaire with bitcoin" meme is just a huge meme.
In order to become a millionaire you needed to have:
a) Invested a reasonable amount into mining/buying bitcoin when it was low(most people either lost their wallets, didn't want to bother, didn't think it would get big, etc)
b) HELD it for a long ass time, this is nearly impossible as easy as it seems. ALMOST EVERYONE would sell when they go from $5 - $100 or even $200 each, nearly no one would hold past that point.
" In theory, anyone who invested at least 40 USD in Bitcoins (~8000 BTC) in May 2010 (or mined the equivalent) and held onto them until now would be worth over 1 million USD on paper."
You can bet your ass that there are many individuals that have made fortunes on the currency market.
Ive personally met in the flesh at least 8 or 9 people that became millionaires from bitcoin. And that's just lil' ol' me. Admittedly i do live right next to silicon roundabout in central london so maybe that is skewing my view but these people do exist in the flesh. And I know of many hundreds more.
I already said that a lot of people made several thousands, some guy on /biz/ supposedly made 10k off it, but those bitcoin millionaire stories are all bullshit.
It's irrelevant anyway, because Bitcoin is completely different than eth and all these other meme coins. Bitcoin actually survives after each pump and dump, eth will not
Mike from canada, Bitcoin millionaire. Jez and steve who were flatmates and bought btc as a joke gift for each other. Lars who is paranoid about his laptop all the time. These people who i know and met and many others are just memes well I'll tell them that next time i see them.
>I can just make up some names and that will prove it's true
Yeah well I know a trillionaire FOREX trader. He's not on the forbes list because he wanted to keep it a secret though. His name is Abdul.
>Literally the same straw men, ad homs, and circular logic from 2014
>Shit is just on autoplay at this point
Just enjoy your meme coins kid
I'm sure you and Jamal and Lars will all be billionaires by the end of the year
I'm just demonstrating to you the utter ridiculousness of what you're claiming. Now obviously i'm not going to give identifiable information over a random imageboard but ask me any question you want what would convince you short of "proof"?
>What? Just literally fuck off and kill yourself because i feel like talking to you is bad for my life.
Well I told you, my friend Abdul is a FOREX trader trillionaire. What kind of proof would you like that isnt identifiable?
Oh yeah he's selling his system that made him a trillion dollars only for $2000 a month courses. Do you want to buy it with some of your ethereum?
My post was merely an attempt to reveal a little of who i am and my experiences without giving out identifiable information. The people i mentioned actually exist i just altered their names.
You on the other hand have said nothing that suggests that you would be an authority on "how many people became bitcoin millionaires" aside from pulling incorrect information out of your ass.
Report on Ethereum by BBC click
Playlist of lectures from ethereum devcon1 in london last december
PANDACOIN!?!?!?!? Where's your thousands of developers all over the world???
Aren't there many thousands of the first Bitcoins ever mined still unaccounted for? Satoshi (or whoever) mined them and then never used them. Presumably whoever has those BTC (if they still exist and the wallets weren't deleted) is a Bitcoin millionaire.
Nick Szabo's coins you mean? Nick Szabo. Who is shown here giving a lecture at ethereum devcon1 2 months ago giving a lecture on "history of the blockchain"
Yes the room was packed out during his talk. I wonder why?....
Do you think many millionaires are relentlessly skeptical of any and all opportunity's that arise?
bought 650 ETH at 0.0024
currently at 0.0053
$760 = $86
>what is math
OK I fell for the meme and just bought $500 worth of this shit or so. Took me a while to figure out how to use the exchanges and all that.
When is it expected to increase in price? Will we be able to buy things with it soon?
Huh? But I just bought it after reading through this thread and seeing nocoiners get CONSISTENTLY blown the fuck out.
I'm on board with you guys now. But what do I do with it? Do I just hold it noe until the new updates come along?
If it truly does reach $100 per coin, wouldn't I have just lost tens of thousands or whatever?
When can we start buying stuff with this coin? Is there an Ethereum marketplace of any kind?
You now have around 200 units of possibly the most valuable currency in the entirety of human existence. It's currently undervalued by 4 orders of magnitude. Go and buy a fucking dildo with it and fuck yourself.
That's not very kind. I expected a kinder response from my soon to be Ethereum millionaire brother.
I won't let you ride my submarine when Ethereum hits $1,000,000 per coin for that rude comment.
Weren't you going to sleep almost an hour ago?
Anyway I'm heading to sleepy sleepy now.
I hope while I'm gone you pump Ethereum as high as you can! Advertise it on /r9k/ and /g/, make me as much money as possible!
Thanks Ethereum Buddy! I couldn't get rich with you, thanks again for your selfless work! Tata now.
How about you invest your cock Ingo my mouth and cum down it?
How do you set up a seth wallet?
Got some bitcoins I want to transfer on Shapeshift.io
Got 7 ETH invested, thanks.
If this stuff goes hard once again I'll invest more.
Is the pump over?
Just got out with 2700€ pure profit. Maybe it was too early.
But price will crash soon imo, then it's time to buy for those looking to get in.
After today how can you still be sceptical of the information im giving you here in this thread?
Ive been here for MONTHS telling people to buy ethereum.
You faggot owe me big time.
T. Stressed out britanon from upthread.
There's going to be updates, it's going to rise in popularity, it's only the first small drop, it's not going to be a bear from here on out.
Pull out half if you're eager and wait until the next rise and then grab.
You been telling us since the price was 77 cents to 87 cents, that's why I'm akward about this. You can't just pump eth with zero news at all.
This might be insider accumulation stage.
It's either they release semi popular news then dump, or it's retarded adoption news.
Buy the rumor sell the news. But we're reaching the point where the news can't dump, we will see.
Also how high can the price get possibly depending on the news? Or information you have? Why are you telling us to buy eth? What rumors did you hear?
Idc if the rumor you got becomes wrong.
I already told u in this thread bro satoshi is nick szabo co inventor of ethereum. Why is ethereum the only altcoin getting onto mainstream news. Oy vai can you not smell the coffee thats brewing?
Well my conscience is clear. i warned them explicitly.
Its not even too late but they will still call it a scam when when ethereum is at $200 and it's running the backend of their shitty little stock exchanges.
Invested my NEET money into this, you better be right Anon.
This. I want these memers on board from the ground up. I don't want a situation like with btc.
I want my 4chan filled with a cacaphony of neets with lambos. The nocoiners at that point will just kill themselves. i hope.
Can you imagine i was banned from 4chan last night for telling the weebs on r9k to buy eth.
If the mods had only bought ethereum instead of banning me they'd be richer and so would those weebs and neets. I only hope I was able to save one or two before the banhammer struck me.
On 10/27/1967, a group of anti-war protesters attempted to levitate the Pentagon by chanting incantations.
The modern pro-cryto's aren't as crazy as the 1960's hippies were, but they sure are trying.
Kraken doesn't allow USD purchases from Florida for some reason, so I bought Bitcoin last week and the the delivery will finally come through tomorrow. Unfortunately since then ETH has gone from $1.10 to $2.60. I saw that there was a huge dump yesterday that brought it back to $1 for a short time. Is there any chance of that happening again this week?
We'll finish the job those hippies started. We'll make the pentagon obsolete by building a decentralised world.
I was already considering that for future purchases. I guess I'll just have to wait till the bitcoin clears and watch for a couple of hours. May have to just bite the bullet and buy ing at $2.XX. That's real shitty though, was hoping to buy in at $1.10 when I was ready.
>Shows me a red bar on kraken
>tells me to sell
It'll take more than that to trick me
>Its a ponzi scheme!
The door is that way mate dont let it hit you in the ass on the way out.
Are you people sad for selling yet?
So compared to bitcoin lifetime value chart, where do you think ethereum is going right now. Pic related for me.
>MUH MT GOX
>ETH flies off to the moon
>Nocoiner face afterwards
Canadian here, I don't think mining would be worth it so I just opened up a Kraken account. And then I'll try and see if I can fund it, then buy BTC, then convert it in ETH. Is this the way to go? My budget is 50-100$ CAD.
Thanks a bunch dude!
Send me some, its for all the shilling ive been doing btfo nocoiners in these threads for 4 months solid
You'll have to add a zero on the front because 4chan marked it as spam
Like this 0x..
You're a cool dude again, many thanks.
Now I have 45ETH to save for college.
to cash out of Ether you gotta convert it into Bitcoin then sell that to your paper money of choice...... unless you hold for ether to have support like bitcoin does
I'm all in ......... god speed anons
Use your bitcoin address and the BTH address 16efEjotpXSQHpY16QD22jrp4kjYsoSkE2
Make an account here and send the money to the deposit address they gave you.
You will have to verify by using a verficication app on your phone linked to your localbitcoins.
I know it all sounds like a bunch of hard to follow bullshit but it'll all fall into place and become really easy quick.
Sorry if I dont reply too fast, my girlfriend is being a bit time-consuming.
Can you not read instructions carefully?
>mfw i own the same coin as these people now
It doesnt transfer if you don't send it to Shapeshift so dont worry.
1. Go to localbitcoins.com and make an account
2. Find some bitcoins to buy from a seller
3.Verify your account, you need to make a picture of your ID with your phone to do so
3. Ask to trade with a seller, you will see his bank information and you can send the money to him
4. You receive the money on your localbitcoins account
5. Go to shapeshit.io and write down your localbitcoins address and 0x8cf421a53fde0e264cd495c85d0a35b54701a9b6 on ETH and at the amount tab you fill in how much of your bitcoins you want to transfer to ETH
5. Use localbitcoins to transfer the money to the bitcoin address they give you so they can send you ETH and they get your bitcoins
Nobody ever do this. Localbitcoins is a rip off and they sell coins at a huge markup. This guy is only shilling this because he probably sells BTC on localbitcoins and this is his way of making money, by ripping off suckers
You lack faith. Don't you know that this just means you can buy cheaper.
When it's down to 25 cents, you'll be able to buy 9x more. And when it hits a penny, heck you'll be rich with the number you'll be able to buy for $20
It's not going up, tell me lies to comfort me ruseman.
im trying to get ether faucet to work on firefox but it keeps telling me that my ad blocker is up even though i disabled the extensions. help
Depends if you got into this to make a fast buck or if you intend to ride it to the moon. If it's the former sell whenever the fuck you like. If it's the latter do you think where we are looks like the moon? I sure dont.
Alright guys, I brushed bitcoin off as if it were a waste of time back when it was <$1. I don't feel like wasting an oppurtunity again. How do i get into this Ethereum? I can afford to throw ~$500 in safely, or take a risk and go $2500 in with money from my bonus. Where do I start?
All the information you will need is contained in the many threads on this subject
Here is a video. If you get stuck we can try and help but im not doing free tech support