>bitcoin lost 66% of its value over the course of one short month

all the more reason 2 buy

>>2796334
b-but muh currency of future! It will totaly replace gold!

It hasnt lost value, 1 btc is still 1 btc.

>>2796334
Bitcoin is already spreading rapidly, the changes coming at the end of this month make it more valuable, this crash feels artificial. 10K in 3 months with half the BTC in existence being in Chinese hands.

>>2796334
>66%

Are you retarded? Btc ath was 3000, not 5000

>>2796362
It was real in my mind :^)

>>2796334
>1000 of 3000 is 66%
this is why you're poor

>>2796378
I bought at 890 sold at 2700. My earning: 120$.
Me rich now.

>>2796399
kill yourself

>>2796399
>used the biggest scam in human history to triple forty dollars

you're pretty good

>>2796353

By that logic no currency could ever change its value you dumb nugger.
Btc clearly lost in comparison to fiat like USD and EUR.

>>2796353
tell me a single case in history when 1 unit of a currency didn't equal 1 unit of the same currency

you fucking retarded doublenigger

>>2796452
Remember when USA replaced silver dolars with alloy ones?

>>2796491
A dollar and a dollar coin are not the same thing.

>>2796346
>It will replace gold

I always find that thought so fucking stupid.

Gold:
>Has been a object of greed for centuries.
>Has been universally accepted as currency for centuries.
>Doesn't corrode, massive industrial worth.
>One of the best conductors of electricity.
>Works even at the end of the world as we know it.

Buttcoin:
>Someone wasted energy on it so it valuable hurrrr
>Doesn't work without internet access.
>Not even usable as a currency.

>>2796334
Good thing we're up 660% since the year began
>>2796346
Wow what a great comment. Upvoted sir!

>>2796497
still, silver dollar coin is worth more than alloy one even if they have same face value.
Same goes for banknotes from certain series or with printing errors, some are worth more than their face value.

>>2796499
Except crypto is more useful than gold, at least as currency. You can send money to anyone, anywhere in the world, instantly, privately and without a middleman with crypto, can you do the same with Gold? I can also store value in crypto without having to pay a penny in taxes, can I do the same with gold?

>>2796353
Oil hasn't lost value, 1 barrel is stil 1 barrel guys!

>>2796643
>without having to pay a penny in taxes
have you sent btc lately?

File: 1500199356206.jpg (90KB, 550x550px) Image search: [Google]

90KB, 550x550px

>people still fall for the electric shekel

>>2796653
I said crypto instead of BTC specifically exactly to avoid this kind of post. Yes, BTC is slow now due to the scalability problem, but that can be easily solved in the long term and BTC isn't the only currency in existence.

Point is, when you buy crypto you buy into the idea that the technology will get better and more adopted with time.

>>2796652
oil isnt a currency

>>2796334
https://www.youtube.com/watch?v=XbZ8zDpX2Mg