Official Bitcoin Thread

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$670 and rising. Cucks who sold their bitcoins are learning a tough lesson:. Whales love to shake out weak-handed cucks

Now you faggots have to buy back, probably at a loss

If you had a brain in your head and a pair of balls you'd ignore the recent dump, but no, you're a faggot cuck so you sold

Enjoy wTching the price rise you faggot cucks

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>>1332851

Do you mean sold at a loss? What would be wrong with selling at ~700 mark we had recently and buying back in at the 580-600 mark earlier today?

Where is 212 btc guy hasn't he been at 212 for a while now?

>>1332874
I am 212 btc guy

What's wrong with selling at $700 and rebuying at whatever shitty price you bought at?

First of all you gave more ammo to the irs kikes, once they see you've bought a brand new car theyre gonna come for their cut

Meanwhile smart people like myself will cash out slowly, long after the next hLving and long after the price is in the quad digits, I'll never pay a dime to irs kikes

>>1332896
> 212 btc guy

Do sign "Op is a faggot" using your 212 btc address.

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>>1332913
Nah by now I'm a household name around here

Gook moot has sold my IP address but they know I have deadly weapons

It's not that hard to believe a poster has that many bitcoins, it's only about 150 grand at current bitcoin price, Jesus Christ would you look at that, the price of bitcoin is nearing $700 again

Hey I posted screenshots before, honestly 212 bitcoins isn't that many, go fuck yourself if you're so retarded that it's so unbelievable to you

>>1332945
> screenshots
> Cant sign a message

Stop lying.

>>1332949
Dude, give it up

I literally just gave $100 to the Trump campaign

Nobody is dumb enough to buy a shitty altcoin

Fuck off man

>>1332913
Why is it hard to believe people hold coins.. Have over 80 myself.

Nocoiners going to nocoin.

In Australia had a peak of $1,000 a coin and then we had the drop, now brexit and back at $900.

this overreaction by traders to brexit is a proof that bitcoin is a speculative bubble

>>1332968
Oh i believe people hodl coins, i myself do hold few.

Its hard to believe cause you cant sign a message using your address.

MFW bought just in time for BREXIT


ETH cucks on suicide watch

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>>1332776

Sold 90% of my ETH holdings to a 20% profit and made a couple hundred bucks masturbating during Brexit doing nothing but watching BTC price. Feels good man.

I wish I had bought when it was at $560 earlier today. I've got a real knack for bad timing. Ended up buying 0.5 BTC when it reached $630 when it was clear it was back on the upswing.

That brings my stash up to 22 BTC. Can't wait until bitcoin becomes the world reserve currency and I have 1/1,000,000 of all the money.

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>>1332961

>>1333021
Cool justin, i believe you i guess.

>>1333043
Imagine all the cucks who sold in the past 24 hrs

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Look at that son of a bitch climb!

This is wonderful.

Newfag here, how good/bad is coinbase for investing?

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I almost sold some BTC yesterday for $560 at a local BTC ATM but the transaction got held up due to transfer delays. I was annoyed at the time. But holy shit, THANK YOU KEK!

>>1333069
You mean to buy bitcoin from? not bad.

>>1333059
REKT!

praise kek

I'm still bullish, I sold before crash below $700 and bought back in at DCA of $554. Only wish I had sold at $780.

also wish I had a reliable job

Op here, now that I've proved that I'm really 212 btc guy, what do I get?

Fucking post your address if you have a teenage sister whos white and not fat

I'll come to your place, give you a serious amount of bitcoin, and let me have my way with your sister for an hour

Sound fair?

>>1333104
Cringe.

>>1333118
Jesus Christ you overweight, 30 something woman no one wantsto fuck , why don't u fuck off

>>1333128
You got everything wrong m8.

>>1333133
Pretty sure I got everything right

Bump for $680

>>1333148
Nope.

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>mfw i gave $100 to the Trump campaign

you thought i was fucking around

You thought i didn't have 212 bitconis

You thought ETH wasn't a scamcoin, you were wrong

You thought you could sell your bitcoins in the past day or two and not get cucked, you were wrong

Just become an hero and do us all a favor

>>1333171
> $100

U thought u could bury this thread

>>1333179
Are you implying donating $100 to a presidential campaign isn't a lot?

You are the ultimate cuck

>>1333188
No, however donating $100 and bragging about it is a cuck move.

>>1333188
Who's bragging?

Some faggot thought he was cute by saying I didnt actually own 212 bitcoins

I proved him wrong, the price is getting nutty, and I'm not even mad

Should I buy now? I only have around $3,000 in savings.

Degenerate

Where to buy bitcoin?

>>1333219
Only f u can buy and hold cuck boy ahahaahahahshshzhaahahhahahah

why the hell is GDAX/coinbase trading bitcoins at 22-40$ more than the rest. I'm locked into them and want to buy but I'm sure the price will fall just to equalize with the other exchanges

>>1333230
circle is the easiest. I just put in $100 - we're going to the moon

Top cuck

>>1333230

Google for local BTC ATMs. They're the easiest way I've found.

Fucking bitcoin general

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What do you think happens after the halving?

>>1333239
cheers to that

>>1333255
nothing. if anything, miners switch to mining other cryptos and BTC goes up due to lower supply.

>>1333261
Retard- Supply stays the same.
Wow.
So fucking stupid.

whats the preferred bitcoin broker you guys use? i wanna dabble in it for shits and giggles, so wont be committing too hard, maybe like a thousand bucks

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>>1332776
>>1332851
>>1332896
>>1332945
>>1332967
>>1333059
>>1333104
>>1333128
>>1333171
>>1333188
>>1333206
>>1333220
>>1333235
>>1333244
>>1333252
>DUDE KEKS LMAO
>DUDE 212 BTC WE MADE IT HAHA
Kys any day now fuccboi

>>1332776
>cucked by whales
what is this retarded meme?
bitcoin prices are moved by general fear levels
people trying to save their money from typically their own government.
speculators have not been able to move demand ever.

>>1333323
Idiot, less supply coming into circulation.

>>1333021
>all in one wallet

>>1333857
insignificant amount of change to total supply dude
learn math

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>>1332776

I think I'm going to cash in two or three coins today bros in case we're in a bubble. Hopefully we go over $700 today.

>>1333943
>he doesn't know how armory works
the quantity at the bottom is the sum of all your wallets balances

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Satan has claimed Bitcoin.
WHAT DOES IT MEAN

Post yfw the eth joke is over and millenials blew all their disposable on a meme

>>1334322
Huh? It's back to $14 and climbing.

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How long does it take for these guys to send an identifier?

>>1334805
According to this https://blockchain.info/stats they recognize blocks completed every 12 minutes

>>1335088
Entered my mnemonic code and got my password, entered an email address and solved capture for my identifier, I'm still waiting

>>1335105
Ah, you're trying to recover your wallet. I thought you were asking about how long it would take for a transaction to process. Sometimes getting your wallet back from a backup can take time because it has to synchronize your backup with the current blockchain.

>>1335130
it can take a week

>>1335130
>>1335144
Thank you, Guess that temp email I used will be no good.

>>1332896
You can't own a house or a car without the IRS knowning, they will find out, specially if you own property.

I hold BTC myself and I see no way around it. In 10 years when it's 100k or more a coin I will want to buy some real state with it and how are you supposed to do it without taxman knowing you buy property?

realistically there will be another major selloff before or soon after the halvening. might be a good idea to sell here and get in closer to the ground floor later.

>>1335163
>how are you supposed to do it without taxman knowing you buy property?
don't buy it lease it with exclusive use and benefit clause.

>>1335174
Sounds bad desu

If you got parents or family, have them buy property and then you take over. That way things look legit to the IRS faggots and your name isn't on anything.

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Cashed out some BTC today and got around $1600 at $665, feels good man.

>>1333104
oh no
>>1333118
/thread

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Just hit $670 and we're slowly climbing senpai. Not a offense famanon but I think we're up near the top of the bubble for this cycle. I have trouble seeing it moon past $700 again before or immediately after the halving.

Just my opinion. I hope I'm wrong.

I remember when bitcoin was so new you could mine them on your regular desktop computer at a decent rate and I mined just under four before losing interest and forgetting all my wallet details.

Guess i'm a fucking retard.

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>>1332776

Approaching $700, although it did this very same thing last night. Looks good man.

I'm looking for a good exchange to buy bitcoins. Some traits it should fulfill:
- no deposit fee
- low transaction fees
- no ID required
- PayPal or SEPA supported
- credit card NOT required

Thanks in advance for any replies.

Anyone think will see btc under $500 when the halving profit taking starts?

>>1337971
Good luck finding one/waiting till 2025 for Beta development and BTC to be worth $25,000 by then

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>>1332776
>>1332851
>>1332874
>>1332896
Is ther anyone out there that could help e out ? with a few bitcoins I could start something good to make bitcoins by myself

3NzSJv4uWVs2px7XmDEzaFKXqyi46mnUYJ

thanks to those who understand

>>1338253
sent ;^)

>>1338253
I wish I could, but I am poor as well. Best of luck.

32gRvPA4wVZFLJrLHtVU1FQSMRKbe8HWR7

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>>1332776
Can someone send me 0.00050000 BTC, please? I have to go to the bank and open one account to buy bitcoins and I don't want to wait for monday to start my learning process. Thanks.

>Idk if I'm asking too much. This is like R$ 1 in my country.

1Dfc84EFAP1ecEzsytN2dvcMTZrFkuaSun

>>1332776
How is it not going up faster, is it being held back or did brexit really not cause an influx of panicbuying?

>>1333104
>post address
1EHNa6Q4Jz2uvNExL497mE43ikXhwF6kZm

>>1335266
real estate is an overrated investment anyways

real estate is the FAKEST investment you could have

the government or someone with military power can just come and take it from you

with liquid assets you can always change those assets into other assets that will be more valuable in the future if you have the info to let you do it

Just fired up my old coinbase account. Anyone use it?

What are the limits for buying and selling? Still gotta upload my photoID

>>1338354
Lol they make you upload a photo of yourself for the smallest purchase amounts?

Happy I got the bitcoins I wanted before the kikes really clamped down

>>1338362
No, you can purchase using a wire transfer without any ID required, but the limit is 5-15BTC and it takes a few days. However, using a photoID allows you to use your CC which is instant purchase. So you don't have to worry about missing out on buying during a dip.

>>1338370
Right, everything has to be instant nowadays

See the price going down a little? Time to panic sell like a cuck

Bitcoin was made for people like me, who can hold for ages while cucks panic sell and panic buy

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>>1338374
>Specifically state in my post that I am buying on dips.
>You somehow project your cuckery and bring up panic selling.

You're a dumb ass.

>>1338381
Youre an offended little faggot aren't you?

I bet the smallest things trigger you

I wasn't even referring to you, you anime posting special snowflake faggot

3-4 years ago I downloaded bitcoin wallet and my cousin gave me some, I don't remember how much. I forgot about it until now, I just launched bitcoin wallet and it says 0.00 BTC and theres a bar at the bottom thats says 156 weeks behind. I know I had some bitcoins. Wat do?

>>1338604
Let it download the blockchain, it will take awhile.

If there's any bitcoins in the wallet make sure to sell them immediately for fiat because hey you gotta buy stuff rigjt

You guys that weren't around for the first bitcoin halving have no idea

In a nutshell, the chinks who control a majority of mining will stop selling their mined coins after the halving, resulting in the price skyrocketing

There seems to be some kind of jewish-banker-inspired meme going around that "everyone" is going to sell after the halving, for whatever reason.

The rise in the price might not happen for six months after the halving, and I guarantee you any cucks who sold will FOMO buy back

13 days until the 2nd bitcoin halving!!!

www.thehalvening.com

>>1338686
When I did them in 2012 they rewarded you with a bit more btc for your efforts, but only because bitcoin was about $10 per back then

Why not just buy some bitcoins and hold onto them for years?

>>1338694
The other day I gave away $5 in bitcoin to a random anon, was in a good mood and the price was rising.

If the price starts getting nutty check around this place maybe you'll be the guy I give some coins to

>>1338707
When the price starts getting fucking nuts I get in a good and generous mood pretty quick

I was going to give $25 to five anons but I had issues with my wallet that night

>>1333104
My sister lives here :^]
143Gk9wSig8QqSZb3VmKKSPoY62hD3pxxG

>>1332776
You're shilling so hard in this thread it's pathetic.

try be a bit more anno

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Can someone tell me if this would be practical to cold storage?

I have a cheap linux laptop with the Electrum wallet and some BTC on it. Would it be an ok idea to take the harddrive out of the laptop and keep it turned off and stored in a safe? Then when i wanted to sell the BTC i could take the hardrive out and put it in the laptop.

>>1338847
Harddrives can corrupt so you need redundancy if you are using harddtives for storage.
Like 5 harddrives and check every year for failures.

>>1338904
yeah like paper can't corrode burn get lost or anything
why not upload your wallet in the cloud? it will stay there forever. encrypt with a strong password and it's all good. of course then you have to remember your password or write it down and we are back to square one.

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Any good satoshi website?

>>1338929
Stone tablet buried in back yard or otherwise kept on your person at all times like on a flavor flave-esque necklace but instead of a clock its a big ass stone tablet
Stone=security is a fact that hasn't changed for millennia

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>>1332776

Down to $630 this morning.

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>>1338969
Is that the best faucet site?

>>1338976
i like your way of thinking anon i would go with clay tho properly burned clay tablet lasts a few millennia and easier to work it.

When will this shit dip down to 350 again?
Regretting so much not buying some a couple of months ago

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>>1338969

I too am looking for some good facuets. Been using moonbitcoin and It's pretty damn good with the bonuses. Help a bro out or just get rid of the ref part if you want to be a jew.

Can someone explain deposit fees to a noob?

Example:
>BTC-E
20 USD for wire or 15 EUR for SEPA (fixed fee, no matter the amount)
>Kraken
No fee for SEPA

Why is one exchange charging 15 EUR for SEPA while the other one charges nothing at all? And why would anyone ever use the exchange that charges you extra for deposits?

My wife's son and I saw Donald Trump at a grocery store in Manhattan yesterday. I told him how cool it was to meet him in person, but I didn’t want to be a douche and bother him and ask him for specifics on his policies about fiat or the federal reserve.
He said, “Oh, like you’re doing now?”
I was taken back, and all I could say was “Gold Standar...” but he kept cutting me off and going “TrumpCoin! TrumpCoin! TrumpCoin!”

and closing his hand shut in front of my face. I walked away and continued with my shopping, and I heard him chuckle with the secret services as I walked off.

When I came to EBT for my stuff up front I saw him trying to walk out the doors with like fifteen American Flag Zebra Cakes in his hands without paying (apparently he owned the store or something)

The trans at the counter was very nice about it and professional, and was like “Sir, you need to pay for those first.”
At first he kept pretending to be tired and not hear her, but eventually turned back around and brought them to the counter.

When she took one of the cakes and started scanning it multiple times, he stopped her and told her to scan them each individually “to prevent any electrical infetterence,” and then turned around and winked at me.

I don’t even think that’s a word. After she scanned each cake and put them in a bag and started to say the price, he kept interrupting her by yawning really loudly.

>>1332776

1JdkPGffEyMxoCtrJkMLCiaEtGSv6wsZd

Bumming for BTC as usual.

>>1339843
lol wtf.

>>1339915
It's an old pasta from /mu/, I believe.

>>1339955
pretty sure it's from /tv/

>>1339843
>my wife's son
>ebt
>Trans
>America an flag zebra cakes (lol wtf)

My Fookin sides lads

>>1339843
>My wife's son and I saw Donald Trump at a grocery store in Manhattan yesterday.

It'd make more sense if you used bernie

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Halp I need money.

1MfcGhncrzWPfGWpAymJLZTi3ApWAKYJwp

>>1338969
i use freebitco.in
usually 300 sat an hour, good if you're binge watching a series

since i'm being a slut i might as well drop my address
195KuNcmPZhEVJCACkRD6mfXc27Zsb8jUR

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>you will never recieve bitcoins
i try everytime but maybe THIS WILL BE THE ONE
1MQwfDFYGi6e12g7WPfxxuR7fjB2PiVZS

>>1340319
you should start selling a shilling service where you shill peoples crypto of choice around the internet and exchanges in exchange for a small btc donation. if you're old enough to join an exchange.

it's not legally currency so those pump schemes dont seem illegal yet.

12 days until the halving!

>>1339723
Anyone?

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>>1332776
So how much of this cryptocurrency shit is just a meme?

It seems like Bitcoin mining is almost completely unfeasible for the average asshole in 2016, so how did you assholes who are relatively new to all this manage to make money from it?

>>1340737
>have $1k+ to invest into hardware
>pump and dump altcoins with MinerGate

>>1340737
Bumping for interest, for people like me and parent who are late to the cryptogame.

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What are the best sites for bitcoin trading?

>>1340737
the prices fluctuate up or down $100 per coin, at any given week.. I buy dips and sell them at the exchanges. rinse and repeat

Hey guys sorry frr my idiocy but how does bitcoin work?How can i open an account?Where are bitcoins saved?What are the pitfalls?Thanks in advance for the replies.

hi i want to get into the cryptomeme and see how much money i can make from it. thanks for ur help i am a grater full.
1NUiQEvqx9V82Pg38oWqXYvXQrCvcLT5EC

>>1340671
Is the price gonna go up or down when that happens?

I bought in at $750.

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>>1341285
Imagine a text document bitcoin.txt that looks like this:

>Alice = 1 bitcoin
>Bob = 3 bitcoins
>Carl = 5 bitcoins
>...

Now imagine a bunch of people all around the world have that text document saved on their computers. These computers communicate with each other about changes to the document such that it is kept up to date with strict adherence to certain rules. When you send someone bitcoins you are just telling the computers "please reduce the number next to my name and add it to this other person's name". In order for the network to accept this change you must present your "password" (or private key) proving that you actually are Alice or Bob or whoever.

Bitcoin doesn't actually use names to keep track of funds. Funds belong to an "address" which is just a long, random number which looks something like this: 1QD6qzAAwoNiS7YcxAv9v3whJxZdtzSwg1

Addresses have two parts: the public part which you share in order to receive funds and a private part which acts as the "password" in order to prove that it's your account. A "wallet" application is a program which handles the generation of addresses for you and is able to communicate with the Bitcoin network to send funds etc. I recommend Electrum for desktop or Mycelium for mobile.

Bitcoin is cool because there is no central authority which can seize funds or freeze certain transactions. It is not subject to regulation or government interference. But "with great power comes great responsibility": the flip side of this is that if you accidentally send coins to a scammer or you lose your "password" there is no 1-800 number you can call to get you funds back. They are lost FOREVER. You must take great care to secure your funds on a wallet you trust and on a computer that is free of malware or viruses. Create proper paper backups of all your wallets when large sums of money are involved.

>>1332851
>bought at $300
>sold at $690
>bought more at $590

i have more money than u, face it

>>1341192
So short sighted

You try to time the market and end up barely ahead I bet

What's worse is you think trading in your bitcoins for fiat is somehow a good idea

Oh well, not everyone is going to make it

>>1341773
No, its going to tank.

>peasant coin

JUST

>>1341992
>things nocoiners say

>>1339723
Not sure about others, but I think the process on Kraken is fully automated.
Just use it, it works

Pick the coolest one
1NiGGErWPDjRTzrKejuUAJgDcLJghHPmJL
14CHANnK1hxJrWnVTqxshPAm8iuYfhg3wT
1MEMEBDJVmC6mFXpeYFK7bJi4n2j6or1Fs

currently making more, would like to here suggestions

1BBtTU2YxBEZX91uqqZ2f5TeHVHqdQW9Py

Got scammed by a faucet, lol

>>1342328
which one?

>>1342330
Bonusbitcoin.
They hold some coins I got because of "adsense account disabled". Limited withdrawals to only my earnings since january. Its just scam

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I need someone fast deposit to this account or will die

19QBjMfDDxRFB15LvhLPYb7byoeF7vzSmy

CHAD is eating pizza and buying Trumpcoin RIGHT NOW, while your trying to scrape a few bucks off of btc.

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Pls help me, i will gladly recive any amount since I'm too poor atm to buy even 0,0000001BTC
t. slavshit


1DKFw8LGu1scBgMy61xdqTMDotmRqhqnWy

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So I just sent 80$ from my new circle account to a bitcoin core wallet I created without realizing how long the blockchain took to download, how do I go about transferring that 80$ worth of coin to another wallet that doesn't need to download the whole chain? or am I just fucked for a few days.

Yeah I realize I'm an idiot for going through with all this before checking on the consequences and without much knowledge of how these transactions work but I just wanted to get started, help me out mayne.

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Anyone who deposits bitcoin into this wallet will receive it back 3x within 24 hours.

1HHYKpwwEZmQdAUNABzVQUcpgxTczR2zvB

>>1341948
I don't think it will tank, with the economic uncertainty. Add in presidential uncertainty, I expect a big rise prior to the American election.

>>1342638

You'll see a lot of runs both ways over the next couple months. The "problem" is there are high amounts of uncertainty right now with no real clear direction behind the momentum. Once there is a clear vector established you'll know whether to short or long but in the meantime you'll just want to trade.

Need to get on the rocket before it sinks. Also need to pay the rent somehow!

16tTAimrEFzjSXj2QDYJd4NVNgEc16JeS1

(Yes, I am a filthy slut, but I need my next fix of (M)eth. And Polo has a lower limit of 0.00001 :(

Sincerely yours,
Poor victim of Euro "socialism"

>>1342626
sent ;)

now that btc is up, it might be a good idea to exchange it for SC since that siacoin release is suppose to be june 28th and the charts show these are the recent lows of the week despite that.

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>>1342747
Can I have some porridge please?
15wnnknFcVTYd537hifmFDCTH7rGQKPsKF

11 days, 20 hrs until the 2nd bitcoin halving!

Hope you got a few bitcoins tucked neatly under your mattress!

A friendly reminder to ignore all altcoin shills, the only crypto with a future is bitcoin, the rest are pump and dumps

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Is it possible to transfer BTC into USD immediately or within 24 hours? I have a Circle account and I need real cash by tomorrow night.

>>1342955
>>1342955
If you send the bitcoins to me, I'll mail you the usd equiv in the mail overnight, u will receive it Wed assuming u live in burgerland

>>1342960
>There are people this dumb on the internet

Jesus Christ I miss the good old days of the internet

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wtf I thought bitcoin discussion was 100% banned on 4chan

Check out my Casascius coin. You guys jelly?

>>1342964
Is that silver or something? You paid extra for that?

You know that bitcoin is 1's and 0's in a computer right?

Tbh your post belongs on reddit

>>1342977
Casascius coins sell at a premium over bitcoin. But yeah, it's 1 oz silver + 1 btc. 1 BTC coins are selling on ebay for ~$1,400.

And yes I know how bitcoin work - I work for Coinbase.

>>1342614
You can export the private key from core and import to another wallet (Electrum is my choice).

I think the command for bitcoin core is:

Enter: walletpassphrase <my passphrase> 60
Enter: dumpprivkey <my address with all the bitcoins>

"A few thing people here don't seem to understand:

Most buying is done off exchanges and OTC. By a wide margin too.

China is not leading this market.

No fee Chinese exchanges are being used to "control" the market, because bots are linked and people think China is leading the market.

Bitfinex is linked to Chinese exchanges to provide liquidity. Just like when BFX was linked to Stamp. That is why some full orderbooks are not shown. When a large drop occurs on Chinese exchanges the volume stays within the range, while Bitfinex drops with larger volume than normal. This is a combination of bot manipulation and Bitfinex offering liquidity.

The rise to nearly 800 was one entity, the OTC sellers and buyers waited until this entity was done and then plopped up over 25K BTC in ask walls, now it's up to 35K. The 35K BTC is a mix of real coins and borrowed coins for sale. You can see this by looking at the full order book, you notice the amounts for sale at XXX.37 repeatedly at every dollar interval? There are other patterns you will see as well.

The OTC buyers put sell pressure on BFX to keep the price down, so their OTC purchase will save them millions, by only making people who look at exchanges think we aren't mooning yet. Without their "fake" sell pressure we would be at ATH.

OTC firms do not care about this "manipulation" because they get a percentage in BTC and know that they will sell much more BTC OTC when the price is reasonable and not mooning. OTC firms might also be in on the fake sell pressure.

My guess is currently someone wants to buy OTC in the $650 range, or an OTC firm is seeing an influx of customers and is easier to just have stable prices for everyone Brexiting or running from their fiat market"

>>1342990
You work for coinbase? In what capacity?

How's it feel to know a shitload of red-blooded white men like myself have stopping logging into their coinbase accounts once you got in bed with the Jewish government and started demanding invasive personal info?

I'm happy as a clam with my bitcoin position and you cocksuckers at coinbase don't know my identity from a hole in the wall

>>1343010
(Continuing the important post on bitcoin talk):


The Bitfinex "malfunction" was deliberate. Using statements from above you can see that dropping the Chinese exchanges prices are easy, causing all the longs on BFX to be force liquidated. Well guess who bought up all those coins that were liquidated while also putting the price back in their range? BFX has a ton of fees in BTC to sell, and guess how they do it? That's right, mostly OTC. And if a buyer says "no way I'm paying $700+ for those coins when the price has only been at this level for a week", then BFX has only one thing to do, bring the price back down in the OTC range.

Long term holders like myself, 4+ years, know this is going on and don't really care about exchange rates YET, because one day millions of small buyers who will only use exchanges will overpower any manipulation put forth by OTC markets and online exchanges.

Can I buy bitcoin without a credit card or smartphone? I have paypal.
Also I see people selling it on craigslist, how does that work?

12 short days until the halving, when it becomes impossible for millionaire whales, otc traders, the mining chinks, and dishonest manipulating exchanges to keep the price down

>>1343018
I won't comment on my position as it'll narrow me down too much, but I'll answer other questions.

for what it's worth nobody is a fan of the invasive info gathering that we do. But it's the cost of staying in business: compliance with the govt. and fraud prevention. Everybody has this idea that bitcoin = anonymous. well sure, it's pseudonymous, but that doesn't mean you can use your fiat moneys without KYC. Coinbase isn't perfect, but we're a decent onramp for the mainstream consumer.

Good on you for staying anonymous.

>>1343057
You can buy/sell on Coinbase (same with Circle I think) with just a bank account. No CC needed. Alternately you can use localbitcoins or craigslist or whatever. Just be careful.

>>1343081
What's the advantage for you? Can't you just trade for USD on yobit or something? Would it be a better rate for you to sell directly to me?

>>1343077
Are you a janitor at coinbase? Do you clean their toilets?

You sound like a fag and your shits all retarded

I'm the OP of this thread and I'm 212 btc guy (probably holding more bitcoin than 212 by now, did you think I stopped buying btc lol)

If anyone wants to buy some bitcoin for usd, let me know, I'll post my bitcoin address, u can send the bitcoins to me, and I will mail you the usd, USA only

>>1343107
you sound pretty butthurt

did you get banned?

>>1343137
Do I sound butt hurt? I don't think I sound butt hurt
Are you the CEO of coinbase? If so I would understand

Bump for all the cucks who sold their bitcoin, and watched the price rise hours or days later

This post is for you retarded cucks, you let the jewish-controlled mass media brainwash you into thinking bitcoin has no future

When the price of bitcoin doubles in the next six months, Ill be thinking of you cucks

>>1343141
no i'm not the ceo. or the janitor.

I have equity, but I'm not in management.

>>1343169
Nah, you're just a faggot who wants attention

Well I'm pretty bored, and sitting on my digital goldmine of one's and zeros bores me

So why dont you stop being a fag and tell us how many bitcoins you have

That is unless you have a couple spic fags coming over your place in NYC ready to pound your ass

Just don't hit up any fag bars,. I got a feeling there's plenty more muslims out there who hate degenerates and own gunz

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>>1343181
Don't have much bitcoin. I'm a bad trader.

>>1343201
>>1343201
A bad trader and a fag

Why don't you do me a favor and leave my thread?

Thanks!

>>1343224
so butthurt

>>1343232
:)

Hi

>>1340908
have any hardware recommendations? I've got 1k and want to mine some altcoins.

Do you guys think Gavin Andresen is bought? Or just dense?

https://www.youtube.com/watch?v=pNZyRMG2CjA
https://www.youtube.com/watch?v=2qLI3VIHuKU

A friendly reminder that Jewish kikes are doing their best to make you think bitcoin doesn't exist or is being replaced by some altcoin scamcoin

Don't fall for the jew lies

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>>1343230

I'm interested to know about this as well.

Well famanon, I'm a little nervous about the halving. I did the best in the short time I had. Accumulated about 10 BTC in the last little while as well as grabbing a few hundred bucks of SIA and ETH. Not sure I can make anymore moves in this moment of time. Hope things go well.

One

Degenerates

is it gonna reach a new 2016 high in response to the halving?

A friendly reminder that Jewish people fucking hate straight white men, it's in their kike nature

>>1343333
how much buttcoin should i buy?

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1BBtTU2YxBEZX91uqqZ2f5TeHVHqdQW9Py

Litebit.eu run out of BTC this morning, until i can jump on i would appreciate if even the smallest amounts.

1P9Mgii3rThAF2YJ52uWfHnmV7Ptemw76z

>>1343544
21.

21,000,000 is the most bitcoins that will ever exist. Owning 21 coins ensures you will always be in the top 1 million wealthiest holders.

>>1343584
Someone did the calculations and it doesnt work like that
You have to have 0.2 to be in the top million
Because most people hold diddy squat and there are some people that hold hundreds or thousands

>>1343699
Yeah, and some of the coins are "lost" essentially.

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>>1343699
Still 0.17 off from being in the top million
Why live?

Anyone know what the deal with XEM was? it might have stopped now but yesterday there was a pump to like 1k+ and was thinking of buying but thought it was over. now it's around 2500 and people are freaking out (I think the dev said something about Japan).

meanwhile I'm waiting for siacoin to go to the moon (but it probably won't and i'll probably be poor for the rest of my life).

>>1342959
you forgot to include your address, silly!

>>1344219

1BCwwc2j6VnWzw8h3QTDaHqW1gB9QrBPXG

>>1343699
For now but it's possible a redistribution of coins in the future would bump you below the threshold. 21 guarantees you will ALWAYS be in the top 1 million. That's really just one way to highlight the significance of this number: you own so much such that it's literally impossible to assemble 1 million individuals wealthier than you. What you're actually interested in though is securing 1/1millionth of bitcoin's market cap - something that could conceivably worth trillions in a not-so-distant future - or absolutely nothing.

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>>1338929

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Anyone here use zTrader?

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WHICH ONE OF YOU NIGGERS IS SELLING 688 btc for 627USD???

noob question hre can you use 1 account at the same time on multiple computers for minergate

>>1345210

also on one of my computers it doesnt allow me to mine using gpu and cpu at the same time, and on one it lets me use both.the one that it doesnt let even has a better graphics card. why is this

How will Bitcoin stay afloat if miners get less and less returns on their investments? Don't miners keep the system working?

>>1335163
>100k or more per coin
nigga pls. literally never going to happen mark my fucking words my name is Anthont William Hill and I live in Schaumburg Illinois and I swear to fucking god if it EVER hits 100k a coin I will tape myself jizzing into the lake nude at 2pm on a tuesday and post it on /gif/.

>>1345246
screencapped nigga see you soon

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>>1345246

If it hits 100k I'll join you after I go light a bag of shit on the doorstep of the mayor of Seattle.

>>1345210
this isn't 2010, you'll be lucky to break even on electricity costs. don't bother.

>>1345221
transactions fees. right now mining is sustained almost entirely through the creation of new coins but it's the hopes that by the time the mining reward goes to 0 the network will have grown such that miners can be compensated entirely through transaction fees. if that growth does not occur there will be less miners (and thus less security) or transaction fees will go up.

>>1345246
I live in crystal lake. Just thought you should know that.

>>1344191
In the exact same boat as you buddy-O. Was close to pulling the trigger on XEM but i just couldnt bring myself to buy high.

The halving approaches!

Where can I purchase bitcoins without a daily limit?

Preferably somewhere that is also not clearly run by Albanian gangsters?

Guys my bitcoin has been unconfirmed for 6 days now. what can i do to get it through? it's 0.2btc

the blockchain.info says

Summary:

Size 192 (bytes)
Received Time 2016-06-28 11:16:24
Lock Time Block: 417725
Estimated Confirmation Time Very Soon (High Priority)
Relayed by IP 178.238.236.204 (whois)
it says very soon it should be confirmed but its said that for the past 24 hours atleast

Is it not possible to bitcoin have no value at all sometime?

>>1346668

did you include a fee?

if no, just wait it will go through eventually

>>1346708
no i didnt. it was when i first got into btc and didnt know what i was doing.

6 days seems really excessive. they said it should of been ready in 5 days if you didnt include a fee. 6 days now and no progress got me concerned

>>1346723

don't worry about it, it will confirm eventually

>>1346732
what do i do if it doesnt ever confirm?

>>1346740

depends on where you sent it from, if it's from an exchange or online wallet you can inquire about the transaction with them.

you can go over the details of the transaction again and check if you used the correct address to send to.

again, I don't think you have to worry about it, trust in the underlying tech and all, it's bound to confirm sooner or later

>>1346120
localbitcoins

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>just tried to deposit money into Circle
>It failed after like ten mins
Why? I'm in the UK if that makes any difference.

>>1346949
go to a bitcoin atm

>>1347010
None in my city

>>1347031
bummer. you get instant bitcoin for cash

>>1347082

Bitcoim ATMs are truly gifts from God. Walking out of a mall with 3k cash instantly from you BTC is a feeling better than just about anything. Sex and drugs included.

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Why the fuck is Ethereum going up? Don't tell me people unironically believe after the hard fork it has a future

>>1347139
I'm in the same boat. I would short, but the spread is ridiculous.

Half a dozen offers on localbitcoins selling Ebay gift cards for bitcoin@200% Market value.

Where are they getting these things?

>>1347118
>Selling your bitcoins right before the 2nd halving, or even ever

Wew lad u dun goofed

>>1347139
The devs and pump group have it on life support

There's only a handful of people trying to keep this scamcoin afloat.. once they run out of btc/fiat the game is up

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What does it indicate when a coin's price exceeds its market cap, or vice-versa?

>>1347972

That it's overvalued according to the market cap.

It actually doesn't mean anything in spikes like that, however, except that someone purchased overpriced coins. If it happens beyond a certain threshold it means the market has lost confidence in the currency.

9 days, 20 hrs until the 2nd bitcoin halving!

www.thehalvening.com

Very new to cryptocurrencies, and looking to get my feet wet. Where should I start?

>>1348533
Start by buying bitcoin and not selling for a long, long time

Friendly reminder the price of bitcoin is gonna get nutty after this halving, it might take months, but the price is gonna get crazier than your average American woman

Think $2,500+ in a couple months

>>1348542
How do I buy? I know i need a wallet.. what are the common recommendations?

Should I sell before halvening or hold?

>>1348555
Trips can be convincing, but elaborate.

>>1348593
Buy from Coinbase or Circle or LocalBitcoins.

For wallet, depends on how much bitcoin you have and how actively you spend it. For long term holding, create a paper wallet. For active spending use https://play.google.com/store/apps/details?id=de.schildbach.wallet or Mycelium.

Anywhere in between just use Electrum or Bitcoin Core. You could also get a hardware wallet (like Trezor) which is very secure and more convenient than a paper wallet.

>>1348611
Are you dense? Hold.

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Feels pretty good being in top .3 % of bitcoin holders.

>>1348611
Price is going to remain stable until the halving as people hold to see what happens to the market. When they see the halving does jack shit to the price there is going to be a massive selloff like we have never seen before. I dont think it will recover for a couple years or maybe never.

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>>1348622
Oh you saw my trips of truth did you?

What is there to elaborate on lol!

The 2nd halving is coming on July 9th.

The supply will be halved, chinks will stop selling their mined coins, in anticipation of a future higher price.

The demand will remain the same or (likely) increase much more

Basic high school economics my boy

If this post is dubs Bitcoin goes to 10k in a year

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>>1348678
Jesus fucking Christ it's like all the Steinbergblattgold's all collaborated to make this post

Disregard this post, jewish bankers and shabbos goys will not keep the price of bitcoin down

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>>1348680
>Incoming supply of a good is the same as total supply of said good.
>Not getting dubs.
Welp, I figured you were bullshitting me.

>>1348751
So typical of a jew to speak in riddles and utter nonsense

You mad us goyim are our own banks, schlomo goldbergstein?

Where's 212 btc guy when you need him?

Can we summon 212 btc guy?

I bet he would purge all this faggotry and Marxism with the blink of an eye

>>1348758
>"I can't understand a concept as simple as "income not being the same as net total.
Just under three-fourths of all bitcoins that will ever exist are out already.
The fact that they are coming in slower doesn't mean that they just stop existing.

>>1348788
What's your point, Johny no coins?

The supply is going to half in a week. The demand is going to remain the same or increase

Even potato know price go up

>>1348784
faggot still doesn't know how to sign a message with a private key

you're a bagholder shill and you always will be. How does it feel to be unidimensional?

>>1348798
Are you implying I'm 212 btc guy who doesn't actually own 212 btc

>>1348800
See >>1332896 and >>1333021
>I am 212 btc guy

>>1348798
Also what's wrong with holding a bag filled with bitcoins?

It's treated me pretty well over the years

>>1348802
You've un-masked me! Jesus Christ !

You've indirectly summoned 212 btc guy!

>>1348803
I don't give a shit what you do, just get off your high horse and stop pretending you know what's going to happen to bitcoin.

this thread is shit because of you

>>1348794
Freshly mined coins only make up a small percentage of the 'supply' on the markets right now. And even if it wasn't, it would already be priced in, nothing is going to happen.
But good for you to feel good about your 3 shitty coins.

>>1348805
Why not actually sign something?

>>1348806
I can tell you with 100% certainty the price is going to be higher than now six months from now

Why are you trying to instill doubt in potential bitcoin buyers? Are you a jew banker who feels threatened by bitcoin? Are you invested in a shitty altcoin with no future? Are you Johnny nocoins?


>>1348807
Wew I'm getting tag-teamed by the Hebrew express, two beaners think they can fight 212 btc guy and win.

You said something about freshly mined coins not mattering, top kek to that!

>>1348813
I'll sign an autograph for you when my btc makes me worth millions in a few years

>>1348816
>top kek to that
Nice argument.
Wanna bet the bitcoin price won't magically go up after the halvening? With an escrow, of course.

>>1348819
I don't doubt that. I too have substantial holdings and believe 100% in Bitcoin. But if you're going to flaunt your wealth then prove it with a cryptographic signature.

>>1348816
>>1348819
you're the faggot claiming to have $150,000 worth of bitcoin, but will only post a picture of bitcoin core. Sign a message with the private key that holds that coin or gtfo

If bitcoin dies I'm financially dead, I'm fine to say it. Savings gone - equity gone. I don't care. You're the faggot shilling for some shit ass reason - probably in over your head.

>>1348829
>>1348836
I have the coins in dozens of addresses in armory

I've posted the screenshot of my holdings too many times

212 btc isn't even that much, why are you so pleb to disbelieve

>>1348836
Also u say if bitcoin dies then you're fucked, how many coins you holding?

Must be a lot less than 212 since you're gettin all mad about 212 btc guy

>>1348838
i don't give a fuck how many addresses they're in. it's trivial to move literally all of those coins to a single address and sign with the associated private key

>>1348844
i already told you don't I'm not rich. I have 21 or so coins (1 in a million has been my target). the difference between you and me is that you think you know what is going on and you're willing to shill for it because you're in over your head.

cut the shit. nobody cares what you think. having 212 btc just makes your case weaker.

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>>1348836
>>1348829
>>1348813
>>1348853
Lol this must be fake right

John j. Nocoins

Schlomo Goldberg

Vitalik autist buterin

We gettin' errbody mad tonite

>>1348858
https://www.youtube.com/watch?v=2qLI3VIHuKU

i don't even care how many coins you have. just stop typing

>>1333021
sell that shit now, invest in gold/silver and commodities stocks.Triple your money in 2-3 years. At commodities peak, buy stock equities (which will be low). Triple your money again in 2-3 years when equities rally. In about 6-8 years you have 1million.

>>1348867
You have 21? You probably come from Reddit

I went there once, they think they're cute holding 21 like it's some magical meme #, it makes them feel special

Take your jealously your faggotry and go back to redddd

>>1348874
OK you convinced me.

I just sold all my coins for gold silver and commodities stocks

If this goes bad I got your post # wmzw0qeg if I lose I'm coming after ya

Fucking un-mask me again there's gonna be hell to pay

>>1348892
>posting 3 times in a row in your own thread

Fine dude, you've earned this (You). No wonder you won't sign anything, you love the attention.

>>1348894
Hey it's "substantial holdings" guy

Did you see the pic I posted above S.H. guy?

You blind or just retarded ?

Shit or get off the can big guy, I posted mine now you post yours

Otherwise you and 21 meme coin guy can eat my dick

>>1348896
>he thinks "signing something" means holding up a piece of paper with his handwriting on it

For someone so invested in Bitcoin you really don't know a damn thing.

>>1348901
I told you I'd be happy to sign an autograph for you

You got the time-stamped pic, why dont you stop being jealous and prove you hold "substantial holdings" yea right lol

Fucking. Bitcoin.

I got Reddit boy and substantial holding boy here

All memes aside ur gonna want at least double digit coins in a couple months you fucking faggots

>>1348904
Can you spend those coins by attaching that screenshot to the TX in lieu of an actual cryptographic signature?

Wow, cool new feature!

Just fucking sign something already Craig Wright.

>>1348914
Fuck off "substantial holding" faggot

The only thing your holding that's substantial is your boyfriend's cock in your mouth

>>1348874
>stock equities

>>1348919
Seriously, what are you so afraid of? It's like 2 clicks in Armory.

>>1348922
You bore me

Peep the price over the next couple months

When u see it go into .x.x.x.x digit territory think of me taking vacations and buying expensive cars


SIKE im not a nigger are u implying I'm a nigger?

You saw my hand in the post above mother fucker

I'm a white man I don't spend my hard earned bitcoins in nigger shit

Long after you&re older than dog shit and can't find anyone to stick their dick in your mouth I'm gonna be sitting back on my digital goldmine of one's and zeros shitposting on forums just like this one, nah fuck that, I think I'll buy 4chan off gook moot next year

Since this isn't Reddit anyone want to wager how many niggers own more than 100 bitcoins?

My guess is zero

>>1348955
i dont own any bitcoin but i hope it swan dives in value at some point and you follow it out a fuckin window when your neet dreams are crushed

I have $600 to invest. Do I go full bitcoin, trumpcoin or half half

>>1348955
I met some core devs back in 2013. At least one black guy in that group

Buy 0.00010000 BTC at R$ 2,180.00
Sell 0.00010000 BTC at R$ 2,220.00

I will profit doing that or not? And how much?

Should I use a trading bot?

>>1349450

Just use ztrader

got a question regarding bitcoin, for example i've got some right now at coinbase and let's say I want to hold it for a couple of years. To me it doesn't really sound like a good idea to keep them online all that time, how do I transfer them to an offline wallet so I can just store them there for the time being?

>>1348995
I like your style, half in a stable Avenue that won't make your rich per say and half in a coin that's gonna moon, but could be argued as riskier.

I'd go that route

>>1349606
After you put a few in Trumpcoin (assuming your white, high iq), the rest of your btc, just DL the pc desktop wallet. xfer btc to it, "backup wallet" option, save wallet.dat to USB, out usb in fire proud lock box.
gg

>>1349201
Óbvio, já que 2220 é maior que 2180. A não ser que você não esteja levando em conta as taxas de transação da corretora, o que aparentemente você não está fazendo.

What the fuck is driving this inflation in BTC?

Literally nothing has changed.

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>>1349606
This is correct thinking.

Right now you don't actually own any BTC. You just have an IOU from Coinbase. Lots of people had IOU's from MtGOX back in 2013 and lots of people lost lots of money.

Bitcoin works using something called "public key cryptography". Every Bitcoin address has two parts, the public key which everyone sees and a private key which is used to prove mathematically that you own the associated address. At the lowest level both of these things are just very big numbers.

Wallets handle the generation and storage of these keys for you. I personally recommend Electrum. When you first create a new wallet Electrum will show you a series of 12 or 13 words.

WRITE THESE DOWN.

These are used to backup your wallet should you lose or break your computer. In order to restore your BTC simply download Electrum again, select "restore a wallet", enter the 13 words and all your BTC are safe.

For very large holdings you might also consider "cold storage". The process is the same except you purposely delete Electrum and all associated files after backing up the wallet. This means the ONLY copy of the private keys exist in the physical world. This further protects you from hacking or malware.

>>1349701
>high iq
>buying trumpcoin

Ignore these idiots and their PnD scamcoin. Most alts are designed to steal BTC off suckers. Do not get involved in alts. I used to advocate hedging BTC holdings with some ETH but ETH is a mess right now.

>>1349770
>0.00000026

>bunch of kids buying and selling shit and chart analyzing meanwhile not understanding anything about the actual technology and its future

This is why I stopped coming here. Plebbit is better for this shit.

>>1348634
Perfect, thank you!

Follow up, which of these services provides the fastest transactions? For me, I'd be getting in small with maybe an initial purchase of 1 BTC at most - probably even less. Would is take days fpr a transaction of that size to go through?

>>1349973
In-person cash trades from localbitcoins is the best if there is a large enough market in your area. Check there first. It's instant and requires no KYC/AML information.

8 days, 17 hrs until the 2nd bitcoin halving!

Basic question. I'm on coinbase and it says transactions from a bank account take 4-5 days to process. Say I want to buy 1 btc for 680 dollars one monday, but the transaction doesn't process until friday. If the price of the coins skyrockets on friday to 900, will i be paying the 680 price or the 900?