So bitcoin just hit $2800 What do you guys think of bitcoin?

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I'm glad that I still have 8000 bitcoins in my wallet

gonna buy a Porsche 911 soon.

>>127053908
Post proofs

>>127053681
>Third bit coin thread today.
What's your angle shill, what's your end game?

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>>127053908
do show

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>>127054169
>>127054052
I'd rather not attract the beggars

>>127053681
Ultimately not worth mining directly. Power cost and accommodations trump the income.

Mining Etherium, Doge, etc is better in the long run. If you trade these alt-coins for BTC, you can turn a major profit.

Gonna hit 10k soon lads

Kikes btfo no more fractional reserve banking

I think another flash crash is about to happen so hackers and manipulators can cash out before running the prices up again.

>>127054310
haha ok mohammad go buy yourself some nice nails

>>127054310

GIB GERMONEY PLOX :3

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>>127053681

>Had like 2 bitcoins not long ago when they were like $300/piece
>Used them to buy drugs online

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>>127054425

Should I wait to buy until it stabilizes out?

Continued Seth Rich Investigation thread
>>127053730

>tfw brainlet
>tfw will never be able to get in on things like this early on

being a brainlet is worse than being a nigger?

>>127053681
I fucked up by not putting money into ETH and BTC. Hopefully they'll burst and I can grab some on the cheap

>>127053681
I sold my wallet as well . 550.000 € and no tax .

>>127054541
>bitcoin
>stabilize

I've got like a quarter of a bitcoin sitting around. Is now the time to sell or should I wait for the next bubble cycle?

10.56 bitcoins reporting in

In safferbux that's a shitload

>>127053681
>balloon.jpg

>>127054619
efficient market theory

No amount of knowledge publicly available will be able to determine future prices

>>127054765
enough to leave?

>>127054734

Obviously don't sell. Wait until it starts to fall rapidly. Just install a software on your phone that makes it beep when the prices start to fall dramatically. At that point I'd just sell.

>>127054908

Already got greencard senpai.

Moving to the South.

>>127053908
holy fuck bro, can you give me 10k just cause?

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>>127053681
>What do you guys think of bitcoin?
I should have listened my friend in 2009 who kept telling me to invest in that shit

that's all I think about bitcoin so I try not to think too much about bitcoin

Hahahaha

You fags didn't learn

Should have been buying since 2012

Maybe some litecoin can save you

>>127055017
>Wait until it falls in price to sell

Are you retarded? Either he sells at (assumed current top), or holds onto it and weathers the storm should it drop. Don't ever advise someone to panic sell

+15555,20€ holyshit

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NOOO
I COULD AHVE BOUGHT AGAIN
YOU FUCKING LOSER (ME)
SHIEEEEET NIGGU NIGGU SHIEET

>>127053681
OMG FUCK OFF WITH YOUR BULLSHIT CRYPTO CURRENCY.

>Ya, I have $300,000 in crypto currency, and all I've bought is some pizza/video games.

WHY ARE THESE ELECTRICAL MONEY SHILLS HERE NOW?

When will people learn that buying every dip is literally free money?

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>>127053681

I can't imagine why

>>127053681
still dont believe in it, wont use it.

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>>127054310

pay me denbts or you're a racist

>>127053681
what comes up must come down

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>>127054541
looks totally normal. go for it.

>>127053681

As processing speed increases on computers, bitcoin will become worthless.

>>127055179
THIS FFS
Last year /biz/cucks told me to buy Ethereum and a little bit of Bitcoin with a capital of $5000. They said 2017 is the year of crypto and i didn't listen
I REGRET EVERYTHING

>>127055623

???

>>127055623 t. jew

>>127055372
Why are nocoiners so butthurt?

Also Bitcoin has a market cap of 45 bill this isn't some pump and dump for me to shill for it. It's going to be 10k per coin soon and it will have global political ramifications

This is the future

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protip for poorfags:
buy Ethereum NOW
buy Buttcoin when dip comes

do it mufuggas and one day you might be as rich as I am.

>>127055623
What you just said made no sense and everyone is dumber for having read it

>>127055239

I'm not talking about panic selling. I could have worded it better. By "dramatically" I mean like $500. Obviously, if it just keeps dropping ad infinitum, then anyone in their right mind would sell.

>>127053908
fuck off

>>127055830
it's never gonna dip
but yeah, buy ethereum

>>127055666
I had 1000 ETH. Panic sold to breakeven at $10 when it dropped from $15. Never bought back because I kept thinking I'd missed out on the top. Feels awful and now I don't have the liquid cash to invest.

YOU ALL HAVE 5 SECONDS TO SHOW ME WHAT YOU'VE ACQUIRED IN ASSETS THROUGH CRYPTO CURRENCY.

I DONT GIVE A FUCK ABOUT YOUR PORTFOLIOS OR ANYTHING. I WANT REAL PROOF.

ANYONE BOUGHT A CAR OR HOUSE YET? WHERE IS THE WEALTH LITTLE COINER FAGS?

>>127053681
what the fuck is bitcoin ?

can anyone give me a quick rundown on this crypto-currency jewing?

>>127056206
Why are so you mad, nocoiner? Just relax man.

>>127056276
The future

>>127056206

Could show you a bank statement with inflows of over 1m safferbux but you seem like a fag.

>>127056206
There's literally a site where you can convert btc to ssl, then to usd, then transfer straight to your paypal account. It's easy

>>127055678
>>127055747
>>127055975

Is bitcoin mining not reliant on processing speed?

>>127056455
You should use it to get the fuck out of there

so... how do you turn them into cash exactly?
Like I keep hearing people BUYING things with them, but what if I just want to sell and get cash in hand? can you do that with memecoins?

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For those who haven't invested.. put 10% of your savings into crypto currencies. Bitcoin, Etherium, Litecoin, and more coins if you want. They are only going up. I've made $10k in 2 years with no technical understanding what so ever. Just read the graphs, buy low and sell high.

>>127056393
>>127056455
Haha ya that's what I thought.

>>127056206
ANON LISTEN TO ME
i was no-coiner cuck too and i didn't listen
BUY ETHEREUM SHIT IS GOING MOON AGAIN

>>127056580
https://en.bitcoin.it/wiki/Difficulty

>>127056580

Bitcoin supply is limited you fag. Mining is already unprofitable.

>>127056653

Sell them on LocalBitcoins to good goys.

seriously guys not even joking, what the fuck is bitcoin ? is it some kind of digital currency ?

>>127053681
dogecoin > buttcoin

>>127056653
Yes, on an exchange similar to how you would trade foreign currency. Look at coinmarketcap.com for an aggregate of exchange prices

>>127056600
See
>>127055028

>>127056653
virwox

If you're new it takes a little while and there are transaction limits, but you can convert to and from paypal

Bitcoin is the future.
Made 2000 bucks in two weeks lol.

>>127056564
>paypal

Ohhhh you mean that private banking system that just holds people's money for no fucking reason?

Ok and so why arent I hearing of the HUGE GOLD RUSH BOOM?

WHATS BITCOIN

>>127056653

If you invested an hour into a few google searches and some reading, you could understand everything about it.

>>127056853

>p&d reddit scamcoin

no thanks.

ETH, XRP, BTC are legit.

>>127053681
Get out shill

>>127056911
I've never had dosh withheld except when selling stuff on ebay (which is a scam anyway unless you're a megacorp)

>>127056653
>Like I keep hearing people BUYING things with them

Thats the only way to cash out right now. Buy shit and sell it on craigslist. Cashing out in canada can get your bank account frozen.

>>127056995
wew, lad.

It's crypto currency, electronic money, internet points.

RIght now in this era of time, people are deciding what it's actually worth.

I mean sure it has plenty of investors, but nobody knows the future of crypto.

These guys will sit here and claim it's the best thing since sliced bread.

I have 10 bitcoins from trading hats on Team Fortress 2.

>>127057104

lmao canada why so cucked?

>>127053908
Gib money.
t. Schäuble

>>127057104
>ashing out in canada can get your bank account frozen.
sauce?

What about the rest of the world?

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>>127055666
unlucky anon. /biz/ is always right!

i put £1200 of the £6k i made on Trump winning into Bitcoin and ETH.

Bought 2 bitcoin around £500-600 each.
Bought 30 ETH for £6 EACH...!

Now its worth £9k...
Went up £800 while i slept.


^__^

>>127053681
An expensive meme, but despite that, it's a step in the correct direction.

>>127057694
It's not true, you just have to pay capital gains like in Australia

>>127053681
I think I am still waiting for my fuckton of bitgold to get processed from Gox.

>>127053681
I keep hearing about it's value and can't help but wonder if it's temporary. It's behaving a lot like a bubble.

It's dropping now, buying more

>>127057694
>What about the rest of the world?
look at my flag nigger, you want to know how it is in australia do your own research.
Im not a fucking world wide bitcoin expert.

Bitcoin is a money launderers wet dream, any non third world government is gonna try to stop it. thats just common sense.

>>127055623
the current block processing time is about 10 minutes, that's at least an order of magnitude too slow to be acceptable

>>127053681
nocoiner here. should I buy bitcoin now, or wait for a drop, or am I to late to see any return? I first heard about bitcoin in 2011 but didn't have enough money then to buy it and my pc was too crap to mine.

If I buy a single coin, can someone eventually steal my coin if they mine it? Or is my coin always safe? please provide links to where I buy bitcoin if possible. Also I heard you can get partial coins.

Any good resources out there that explains what the fuck all of this stuff is? Im not going to throw money at something I dont understand.

>>127053681
Literal autism bucks.

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>>127058767
see
>>127055830
Buy as much Ethereum as you can.
Shit will go through the Roof, thank me later.

>>127053908
How the fuck do you have 8000 bitcoins? Do you run a darknet drug market?

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I like the idea but I'm too scared to try it.

>>127058053

Because it is. In reality no one knows what crypto currencies are worth and their future is unclear as well. It's all good now, but the moment gubmint gets threatened by digital monopoly money, you can bet your ass this crypto shit is getting a crackdown.

Right now crypto currencies are full blown 100% "All in on red" speculation. If you want to make money on them you should probably wait until this bubble pops and the prices fall. These cycles have been shown to repeat themselves. Majority of noise about buttcoin right now is being made by NEET /biz/ness men, showing epic gains by turning their 500 euros into 1000. Seriously, those cunts effectively killed that board.

>>127054310
1CzQreJWxrAAyP5NBDTGp1QYxed5YCaEWo
even 0.001 would be nice
>tfw no payment from my miner until next week

>>127058975
how do I know you are not getting me to buy some shitty crypocurrency? I want to believe but 4chan is full of retarded memes

For example, on /g/, then answer to everything is "install gentoo"

>>127054882

That's semi strong form market efficiency roobro.

>>127053908
Mama Merkel is surely going to want a piece of your 8000 bitcoins in taxes to pay for all of those "refugees". I'll let her know you have them.

>>127053908
>all that supposed money
>wants a 911

>>127059128
>For example, on /g/, then answer to everything is "install gentoo"
they're not wrong

>>127058975
is it also too late to buy ethereum since the buying opportunity was a few days ago

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/pol/ is going to miss out on mooncoin as well. Hilarious.

I'm thinking I'd be fucking rich if I listened to my iFriends 6 years ago.

>>127059475
there's a thousand cryptocurrencies though.

how's dogecoin doing?

>>127059231
>>wants a 911
I've driven all those cars and the Porsche is my favorite

>>127059475
what's up with all these shitty meme filters lately?

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>>127059017
no I just got in early enough when they were almost worthless.

>>127059128
I'm 100% serious.
Buy ETH as much as you can afford.
This is the Future, you can choose now if you want to stay poor pleb in future or become rich man like me.

>>127059110
no, the only place where my buttcoins go is in my own wallet.

you should have listened back in the day pleb.

>>127059350
its never too late. buy now or regret later

>>127059231
why not?

>>127059215
>implying I make it so easy for them to get my hard earned buttcoins

>>127053681
My father owns 950 bitcoins currently valued at $2660000 so I am pleased with the result.

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>>127059697
this site says you cant buy anything with it? How do I cash out? Do you use coinbase? it is currently down for maintentance
https://99bitcoins.com/guide-buy-ether-ethereum/

>>127053681

I sold my 5 coins when it hit 2200. Very happy since I paid 400 a coin.

>>127053681
I'll probably buy some after its impending crash.

>>127059956
Did this shit really go up 100% in couple days?

>>127059804

Wendy's chef here, 6 bitcoin, 50 dogecoin, 8" cock

To the german anons here: Which site do you use to buy and sell BTC or ETH, any recommendations?

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>>127059697
>you should have listened back in the day pleb.
I never listen to investment memes
my friend did, he saw his wallets go up a few hundred dollars since he last checked them

>>127060002

Lad, 1 bitcoin will hit $5k by August. China is fond of it, and MSM will further inflate price bc they need "fun" summer content

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>tfw I knew about Bitcoin in 2010.
I made a mental note in my head to keep and bought stuff with the 100€ I ment to invest in it.

Fuck my life

>>127055830
should I buy it now or wait for a terrorist attack? maybe during ramadan? Do you use coinbase?

>>127053681
No value at all, not that diffrent from todays dollar

>>127060047
Being a chef sounds nice, anon!

Do you have to declare tax on cashing out BTC? Or just buy stuff an sell that.

>>127053681
What is the point of Bitcoin?
Can you use Bitcoin to invest in stocks?

GUYS ITS DROPPING SELL SELL SELL

>>127053681
I always see posts here, on /g/ and /biz/ that say don't waste time bothering with bitcoin because the ends don't justify the means. Then I see threads like this. What the fuck?

>>127060571
directly buying things is a lot easier
the state I live in jewed it so I can't take cash out directly

>>127053681
6 years ago my wife's grandfather came to me and told me to invest every penny we had into bitcoin, and if it didn't pay out he would personally pay me back.

he is very money was and has been a freemason for over 50 years, so i listened to him.

just cashed out today and i am officially a multi-millionaire.

>>127056173
Its gonna dip in June when China opens up its exchange banks again,

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>>127053681
>heard about bitcoin in 2010, thought about buying a few thousand cuz I'd only be risking like $50 and it just might get to a crazy price like $1/coin
>didn't do it because exchange seemed shady, and $1/coin seemed too far fetched
>it hits $1/coin, a little upset that I missed out, but figure "it's too late now, not going any higher"
>it hits $5 a coin, buy a couple, end up spending them on in game items on an emulated EQ server
>it hits $100/coin, start to hate myself for missing the opportunity of a lifetime
>it hits $1,000/coin, seriously consider suicide
>it crashes back to $400/coin, feel a little relieved, end up buying 1 and sitting on it
>it climbs to current level, too busy hating myself for missing my initial opportunity to enjoy my gains

>>127060537

Buy now anon, it's only going up. Bitcoin is finally maturing and world is catching on. Global unrest only adds to appeal. Plus, people more likely to invest in crypto in summer, like a fling.

Ride the snake anon. You'll regret waiting

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>>127060672
>What is the point of Bitcoin?
Money soap.

>>127059633
>how's dogecoin doing?
Mined some in 2014, they are worth $6000 or so now.

>>127060917

I sold 50 for 400 each in 2015

I still have plenty tho

>>127057512
It's funny. I got into trading by starting in TF2 hat trades.

Moved to Bitcoin. Now have 65 coins.

>>127060917

>CNBC: Bitcoin could be headed toward $6000
>20 mins ago

http://www.cnbc.com/2017/05/25/bitcoin-price-correction-record-high.html

>>127060917
me too my friend. I wanted to buy 100 BTC in 2010 and ended up buying some stuff... I could live debt free today if I had the sense 7 years ago.

>>127053908
sell fgt 23 mio are enough for you and the next 3 generations

>had two whole bitcoins
>Russians stole them

This is why Russians are a a worthless country.

>>127055028
What more South than South Africa? Are you moving to Antarctica?

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>People claiming to have tons of BTC
>Not a single proof posted

Come on faggots prove it.

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WHERE THE FUCK DO YOU BUY THIS SHIT WITH USD???

>>127060794
this, wait it out, buy in at 80-150 depending

>>127053681
Swim bought bitcoins back when they were ten dollars to make purchases on the Silk Road. Never saved them. Could have made 100k at least if I had. When will the bubble burst? Who is driving all the speculation? I have two guesses one that bitcoin is just so useful for money laundering, weapons, and drugs that even a limited supply would eventually skyrocket in value as an alternative currency to the restrictions of cash and bank accounts, or this could be the Chinese speculating?

>>127063156
localbitcoins
cash deposit into bank account, get btc reserved in escrow, buy drugs

Please note that, while you can trade BTC back to dollars at many exchanges, anything more than a few thousand bucks is sure to get you reported to the IRS and possibly DEA.
If you have a few hundred thousand or more $$$ in btc, consider finding and hiring a cleaner and lawyer.

>>127063660
They have ATM machines now.

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>>127053681
and the Bitcoin is the biggest fail of my life. In its early life, when basically only thousands of peoples knew what Bitcoin even is. I ranted and ranted about how it will change economics in future, it was worth nothing back then, the mining just started.
An i did not do a thing about it.
Now i could have been multi fucking millionaire.
Fuck me right in the arse!

At least i predicted exactly how it will develop, so i got that going for me.

I jumped on the BTC and ETH train a few weeks ago. I'm looking to make atleast £5,000 on BTC alone

Still holding before I cash out

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>>127053908
over 2 million of imaginary dollars
noice

>>127060794

Source?

>>127063632
china and normies

I'm on the fence about ETH, I've been following it since it was 20 USD/1 eth and now it has hit 200 and I can't see it going any further than this. It had a lot of media coverage in March/April that helped lead to speculation.

>>127064104
Lets see I spent ~ 10k online in bitcoins had I saved it all I would have 10k x 2700 =27 million dollars. Welp.

>>127053681
I guess it's better than €€€.

>>127063660

You're retarded. If you're trading BTC solely off a crypto exchange then there's absolutely nothing illegal about it

>>127064241
I heard reports years ago that Citibank was going to come up with Citicoin and banks were going to get in on normalizing it. I guess that hasn't happened yet.

>>127053681
Kek it keeps raising

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>>127063983
>Imaginary dollars

not knowing that u can sell bitcoins for their worth in $ any time u want.

>>127063983

8000*2694.85 (current price) = 21558800.00. That's 21.5 million, not 2 million you nomaths brainlet.

Also you can cash them out by selling them to goodgoy normies on localbitcoins.

>>127064293
>then there's absolutely nothing illegal about it
No, but it's still highly suspect, especially to drug police.

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>>127064468
>>127064735
oh shi-

>>127059231
Nigga what? If you were in to cars you'd know that 911 is one of the best daily driver sports car.

>>127053681
it's a conspiracy from the jews to get all the money they can and then make the price drop
typical jew

>>127064836
Its the generic most expensive choice for people who don't want to think about cars that hard.

>>127064836

r32 skyline master race

paid for with buttcoin profits

>>127064836
there is no such thing as Daily driver Sport Car. Each and every one of them will burn the $ in fuel like Hitler supposedly burned the poor Jews.

>>127060786
That happened.
Post address or gtfo

>>127060032
yea son

>>127065181

>t. taxman

>>127063948
I remember discussing this with a friend back in early 2013, when it was around $30.

Does coinbase ever work? Been trying to get in on this for 3 days now

>>127065272
i found out about it in 2010, literally was not worth anything.

>>127064821

It's okay tomokoposter, maybe buy a bitcoin if you have the money, then put a third into ETH and another third into XRP. Keep one third as bitcoin.

Maybe you'll make some money.

>>127065124
1995 R33s should be legal here as "antiques" next year(25 years). God damn that thing is pure 90s sexy. R32 ain't bad either, but it's more classic and rustic than the more menacing R33.

>>127053681
>hack half the planet
>hold the computers for ransom
>only allow payment in bitcoin
>bitcoin skyrockets

Noticing anything here?

>>127060672
international internet points

all the points live in accounts ("wallets") which have an address to send and receive money from.

you can use exchanges to turn it back into dollarydoos or send points directly to other users

as long as people think the points are worth something, they have value, hence the trend in websites and banks dealing in bitcoin

mostly used to buy drugs and weird shit internationally

>>127065487

r32 because I'm a weeb and watched too much initial d

>>127065502
like i said, its the jews

>>127065502
hardly anybody actually pays the ransom, though

guys what do you think about xaurum?

What's currently the best/safest Ethereum wallet? Aside from hardware solutions.

>>127065398
Yeah, I've known about if for much longer, but I remember the particular discussion from 2013 because we thought it had peaked and was going to crash.

>>127054541
>Should I wait to buy until it stabilizes out?

you mean wait forever?

Yes.

>>127065339
I've done quite a few coinbase transactions in the past couple days, what's your issue?

Are you trying to sign up for the first time? There is a ton of traffic for first time sign ups lately, might be the issue.

>>127060794
>>127063999

First, checkem

Second, source on the chink exchange claim?

>>127054541
No way. If this trend continues it'll hit 20k next week. I'm putting half my savings in there. Going all in on anything is a bad idea obv

>>127065991
Yes

>>127065137
My old Volkswagen is thirsty as fuck and it's not a sports car or high displacement. A modern Porsche 911 can do around 10L per 100km or 30MPG

>>127062402
Judging by the flag, your South.

>>127053681
None of you think that there is over-speculation in bitcoin? I think it will continue to grow, maybe up to $6000 max, but then crash back down to $1500 or $2000

>>127054418
this

Crypto is the future of currency/asset exchange.

The role of banking will change drastically, and probably lose much of its power when it is unable to control and create money based on debt and leverage.

>>127065615
Hey if you live in a place without the DEA breathing down your neck and can unload those BTC, by all means.

Here, if I tried to convert $50K of btc into a car, I'd have fedcops in my business with a fine-tooth comb. And even if you're clean, that can be very dangerous.

>>127053908
I just heard that you can't withdraw more than 50,000$/month, is that true?

If it is you're not going to get your Porsche before the bubble collapses.

>>127056653
You can buy shit on newegg with bitcoin

>>127054521
how do you think i feel anon. i once bought 83 bitcoins at 6$ a piece to buy a bunch of LSD. i essentially paid $232,000 for a sheet of acid

>>127063948
>Now i could have been multi fucking millionaire.

NO BANK EXCHANGES ACTUAL CASH FOR BITCOIN YOU IDIOT

i heard about bitcoin when it was like $9 a coin, and i let my college professor and some faggots on /g/ convince me that it wasn't going anywhere. quite possibly the biggest regret of my life

>>127066543
Jesus christ

>>https://archive.4plebs.org/pol/thread/116294835/#q116294835

I bought Ethereum back in March based on the advice from anon in this thread, it's since gone up almost 1000%. Anon, if you're reading this, thank you.

>>127065991
>>127065339
I get CVN error when trying to enter a new card. Will try again tonight. Maybe it has been resolved

>>127053681
Should I buy it now or wait until it falls and the next bubble cycle?

>>127066426
There is a like a gorillion guides on dark net on how to cash your coins.

>>127066750

You're lucky that you chose ETH out of all the other cyrptos that were being shilled

>>127066653
people will all day
exchanges will

who the fuck wants to work with (((banks)))

>>127053681
I think that if I would have invested more than 100 dollars when it first started I'd have more than 27 mil.

>>127053681
Fucking coinbase won't let me add a credit card or bank account. I WANT TO GET RICH QUICK DAMMIT

>>127056995
an immutable peer to peer database for moving numbers around

a currency. a payment system. a store of value.

a global truth machine

>>127067458

Don't buy BTC now you idiot

>>127066882
Coinbase isn't working for me.
I used to use Circle for BTC which was super easy until they pussied out and dropped BTC

>>127056738
You expected them to prove that their lolbertarian coin is worse anything?

>>127067569
I'm looking at ETH

>>127060917
It used to be shady as fuck to buy coins, I remember meeting some dude IRL with cash. Brought a knife with me and everything, ended up being a neckbearded dude who was even more scared of me.

>>127067569
It's in a freefall right now, so it may be a good time to buy pretty soon.

>>127067569
why?
i just created my wallet, red pill me please.

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>>127067739

It's crashing as we speak

>>127066543
>i essentially paid $232,000 for a sheet of acid
Imagine buying a key of cocaine in 2010 BTC and what they be like.
People actually did that.

>>127067676
Buy as much ETH as you can afford. Anon's advice in this thread https://archive.4plebs.org/pol/thread/116294835/#q116294835 has made me a decent chunk of change.

>>127067822
thanks mate. does you have any good advice for a newfag on the bitcoin matter?

>>127054882
emh is a myth

>>127059038
I would Honest to god kill myself if that ever happened to me

>>127053908
Don't do it faggot, you don't wanna get audited. Set up an account in the Caymans and stash them there, only use while traveling.

>>127066653
No but it would have allowed him to essentially become a bitcoin bank. That would have allowed him to have a hefty amount even today.

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it's crashing! ETHEREUM IS CRASHING

SELL
>SELL
SELL
>SELL
SELL

>>127067871
that was back in march when it was worth nothing, you're retarded

>>127059128
Toyota, Deloitte, JPMorgan, IBM, Credit Suisse, HSBC, Merck and more are adopting Ethereum for commercial use.

>>127068462
You can still probably make some good returns short term, but don't expect to hit the motherload like some did with BTC.

>>127068132
It has small slipups that advanced algorithms can exploit, but it mostly holds true for the case of everyone here

fuck /biz/ faggets were right all along

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>>127068462
It's even more undervalued now faggot. Toyota, Samsung, and the National bank of Canada and several others were just added to the EEA with more to come.

>>127065761
Yeah but it spread huge amounts of knowledge about cryptocurrency because people were curious about what they'd have to do to get their normie pictures back.

And now it's $2500

Daily reminder the bitcoin economy is the black market selling volcano insurance that you only have a digital copy of

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>>127068424
>>127067822

fucking plebs.
calm down!

BTC is still up on the day 5%.
Even moon missions need a little breather to unload whales and nervous hands.

Most people on /biz/ bought when BTC was sub $350 and ETH was sub $10...
Expect some short term dips as anons cash out for lambos.

12% dip in BTC, already retraced 50% of that...
Could have just made 6% gains in last 15 minutes.

ITS A DIP
BUY BUY BUY
fools.

Message for young players:
If you can't handle the heat, get out the kitchen...!!

>>127068603
That means banks are involved with Ethereum.
Banks won't just allow such a thing unless they're set to get a return themselves.

Kek'd. I just made $500 on my second account on the crash just now.

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it's going to CRASH

>>127068990
Like it or not, it makes drug buying easy for people who don't want to deal with gangster riffraff(middle class mostly).
That's the value of BTC. It lets the middle class in on the black market, where before it was mostly just lower classes and upper classes.

>>127053681
>So bitcoin just hit $2800
>What do you guys think of bitcoin?

Just some obvious questions.

Beware the founding Bitcoin holders. They are aspiring to become the new digital Rothschilds. Who else would fund the so-called hit contract against President Trump? Ask yourselves: why is neanderthal David Brock of all people on the Bitcoin Foundation's board?

Ethereum is hilarious because it has inflation built in and its friends are suspiciously corporate. It's basically a slightly more public Federal Reserve, meaning death would be preferable.

Always ask yourselves: who is running the nodes? Are you running one? Why not?

>>127069038
They're not buying it as an asset/investment. They're using it to develop more secure means of doing business.

>>127068996
I noticed it has gone up by over £300 quid in the last few days. I installed a toolbar crypto monitor. It's very shaky today. I am on a mission of making an investment into crypto. Do you know of anything as good as coinbase? I have used bitbargain.co.uk before but that's not stellar as it's only £-BTC no other crypto.

>>127069430
Agreed about the Bitcoin holders/devs.

Are you familiar with the ice age and what it's going to do to inflation? Familiar with Casper/POS?

I am running a node, and I will be staking my ETH as soon as Casper is launched.

8000 ethereum here
What should I do with my 1.5M?

>>127069777
send me a few

>>127069777
How are you planning to convert that to real cash? Are you gonna pay your taxes?

>>127068710
No it's a bullshit theory

Never used a cryptocurrency here.

What is ethereum? How do I acquire ethereum or bitcoin? How do I convert between physical cash and cryptocurrency? What and where can I buy with it?

Basically redpill me on this shit please.

>>127069777
>What should I do with my 1.5M?
When you do your IRS dick-sucking, make sure you carry the 1 or you'll end up in the fed pokey.

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>>127068996
someone is trying to play the market and just lost thousands... :/


Someone sold 3k of ETH at 155.00 when the current price was over 185...??

Did a typo just cost a n00b £20k+?

>>127070201
Fat fingers and a numeric pad is my guess

lmao bitcoin is crashing
Buy ethereum dip

>>127070082
>>https://support.coinbase.com/customer/en/portal/articles/2497671-what-is-ethereum-

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>>127069038
Ethereum has the ability to build smart contracts that are automatically executed when certain conditions are met. This is why businesses are so keen on it. Automatic self enforcing contracts stored on an uncorruptable public ledger means you can trim massive amounts of overhead. Bank of America is testing it with settling some type of credit line for example, say x date comes and this triggers a payment (with no wire transfer involved) automatically

IBM developed a proof of concept for a smart washing machine with an Ether contract to wash laundry when loaded when electricity is cheapest and to automatically order detergent when it runs low at the lowest price it could find online.

Aw, I kind of feel bad about the people that JUST bought bitcoins. But at the same time.. buying this high is retarded.

>>127053681
I would greatly appreciate it if you are kindly give me some bitcoins

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Which sites do you anons use to track cryptos in real-time (preferably against USD).

>>127070769
That's all well and good.
I'm just telling folks ITT that Ethereum is being adopted by big business and that inevitably means big banks will be involved, so Ethereum is no hedge against big bank jewry.

>>127070812

There wouldn't be profit to be made without idiots losing their money

>>127071057
Preev

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>tfw 0.2BTC
>just enough to feel good about turning $100 investment into enough money to buy a nice video card
>still feel like I missed out by not buying 5 whole coins

This is a very conflicting feel

>>127070617
Thanks anon!

>>127071136
They have their own Jew coin, Ripple.

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>>127053681
Can somebody give me a quick and simple how bitcoin works and how you harvest them and who decides how much it worth

Beside the criminal activities on dark web

>>127071315
just give it to me my man
that will be better for you

>>127071136
In addition, there are plenty of options for kike free privacy coins. Ethereum is just a good money maker.

Holy shit, this might actually be the typical crash that happens after the high push.
Here we come $1500-$1900 normalizing!

>>127069394
Eventually it probably will. But there's a lot of speculation right now which is driving up the value and it's impossible to say when the crash will occur.

>>127071637
When you kill skeletons in the dark web they are in the loot table. Good rates.

>>127071637
https://www.youtube.com/watch?v=t5JGQXCTe3c

>>127071637
>how you harvest them
no point now because it would cost too much, unless you had a mining farm operation setup
>who decides how much it worth
Econ 101
>how bitcoin works
you buy/sell shit with them

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>>127053681
THERE WAS A BIG BITCOIN SHILL THREAD YESTERDAY.

I KNEW THERE WOULD BE A CRASH.

JUST CRASHED 13%

1A54hPcd5cjf81Yz8mLX6i7goDEHrXumeA
someone send me a bitcoin please :^)

>>127072250
sent ;)

>>127072361
proof or gtfo

>>127072250
YOU'RE NOW IDENTIFIED TO MORE PEOPLE THAN WOULD BE THE CASE THAN IF YOU PUT UR CREDIT CARD INTO 4CHAN

>>127070769
>IBM developed a proof of concept for a smart washing machine with an Ether contract to wash laundry when loaded when electricity is cheapest and to automatically order detergent when it runs low at the lowest price it could find online.

I developed a proof of concept where my washer and dryer were permanently disconnected from the internet and nobody was able to snoop or hack them. Microsoft didn't get MUH DATA and Google didn't add my underwear to their AI and it was too bad and tough shit.

>>127072080
>>127071971

So if someone,for example the US government ban or just say ignore this digital coin,it will worth nothing right?

So bitcoin value is virtual?

it's still above where it started yesterday, which was an all time high. we'll probably see it rattle around in this 300-500 range for a few days to a week to take a breather before it sets off again 5k.

>>127072708
>So if someone,for example the US government ban or just say ignore this digital coin,it will worth nothing right?
Just like how drugs are worth nothing because they're banned ;^)

how do you even get bitcoins?

>>127072708
It's worth what the market says it's worth

2018 anon here. Did you fall for the bitcoin ponzi scheme pol?

>>127072708
A ban couldn't really be enforced because there is no centralized server for them to take down. They would have to manually track down tens of millions of computers running the software which isn't realistically possible.

>>127059074

Because it's somehow too hard for you to believe that most of bitcoiners in here have been in it from 2011 like myself.

>>127072708
You can't really "ban" bitcoin.

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What is a bitcoin exactly?

>>127053681
>tfw you couldn't buy bitcoins years ago because no job
>tfw still can't
FUCKCUFKCUFSKCJUASDFHSDLFjkbgWER';

>>127072361
ugh
>>127072440
Nope, no bitcoin yet :(

>>127072250
sent ;)

>>127073904

Don't worry the next big hack is right around the corner and people will lose all their bits

>>127053681

I think it needs to hurry up and fail before I start to genuinely feel like I made a mistake by not buying at 300. It has a system where it can only authenticate # number of transactions in Y number of time, and because of its shit ownership and how its just kinda out in the open, they said they have no plans to fix it. So it is supposed to fail, absolutely, inevitably. Eventually as it grows, the wait time for a transaction will grow longer and longer, and eventually as more people find out, they will start pulling their money out of it in huge numbers.. because who wants to wait 3 days for a bitcoin transaction and then have it fail. It also increases the failure rate. Anyways, whole currency will crash over night, just like it did last time. I almost put 100$ on but decided it wasnt user friendly enough, its not easy enough to buy the coins or sell them, without a smart phone, and its risky. There were companies being hacked etc, theres all sorts of reasons its not a good idea.. but obviously, looking back it could have been profitable.

The people who make these threads own the currency and want to inflate it. Hes probably planning on selling in a day or 2, after you inflate it.

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Heaps of regret stories ITT.

You all could have invested in Google when it was ~50 USD per share (it's now 992 USD per share), or Tesla when it was ~19 USD per share (it's now 313 USD per share). In straya there are companies that have gone up 400% and pay yearly returns of 5%+.

Many such cases so don't beat yourselves up about it.

>>127073904
>>127074162

Forgot the links

https://www.bloomberg.com/news/articles/2016-08-11/bitcoin-hack-upends-world-of-700-yields

https://www.cryptocoinsnews.com/hong-kong-bitcoin-exchange-mycoin-lost-387-million-customers-money/

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CRASH

>>127074195
>tfw one day our entire economy will be based on ethereum and there's nothing anyone can do to stop that
>future nationalist armies will be 100% funded by the exchange of ethereum
>governments won't be able to stop them
>society will be restructured completely due to ethereum
>there are still people who aren't buying ethereum today
you'll thank me when you're 50 years old and can buy 10 lambos without thinking about it lad

>>127074723


HOW COULD THIS HAPPEN TO ME

I'VE MADE MY MISTAKES

>>127074185
Using crypto for profit is a retarded idea anyway.
Right now, it's only really useful for buying stuff online that can't be bought with a credit/debit card.

aka dope

>>127074947
>Using crypto for profit is a retarded idea anyway.
most retarded shit I've ever read
>dope
are you 65 years old
how did you even find 4chan, grandad?

Gonna start mining ETH here soon, but should I go ahead and just buy some first to get a head start?

Say, $1000 worth? What return amount am I looking at and how fast?

Aren't all cryptocurrencies completely fucked when quantum computers come about?

This is it. It recovered 5%, let's see if it's a fake recovery or if it's the real deal.

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>>127074947

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>>127074723
WHAT A DIP
BUY NOW
BUY NOW
BUY NOW

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>>127074745
Even more reason to invest in large companies instead. They will be in a perfect position to invest at the right time. Your scenario relies on that - otherwise they cant manufacture lambos anymore with conventional currency. Your dividends would come in crypto currency at that stage.

>>127075372
>>127075255
I like how you guys proved me wrong with facts and didn't just hurf and durf.

>when the IRS knocks on your door with a shotgun because you put the decimal in the wrong spot

>>127053681
Can somebody explain to me how bitcoin gets value? I know all about the encryption and the difficulty so far. But what makes it worth anything?

>>127075300
Just buy and hold if you're just looking to make a return on your investment. Ethereum's mining difficulty is about to hit the ice age, and then when Casper launches it's switching from POW to POS so hardware mining of ETH will be dead. Get 35 ETH before it costs $35,000 so you can stake and run a node when Casper hits.

If you're flush with cash, buy a nice mining rig on top of buying 35 ETH, and once the ice age/casper hit, start selling your hashrate to Golem.

>>127075666
Rarity?

>>127075661
>the IRS knows about your bitcoin
you pay capital gains when you cash out and that's it. chillax grandpa

>>127075680
Fuck, a lot of this is jargon to me. Got a source for this I can read up on in more depth?

>>127053681
Bitcoin is a pyramid scheme.

>>127075666

Just like fiat currencies. An agreed upon value and what you are willing to buy and trade them at based on exchange data,

>>127075680
>Ethereum's mining difficulty is about to hit the ice age, and then when Casper launches it's switching from POW to POS so hardware mining of ETH will be dead.
this is like 12-16 months out though
>>127075680
>If you're flush with cash, buy a nice mining rig on top of buying 35 ETH, and once the ice age/casper hit, start selling your hashrate to Golem.
this

>>127075773
So a bunch of retards want it even though it serves no practical value, and cannot even be touched or felt, because its hard to get?

>>127075661

>>https://augur.net/

I keep detailed logs of all my buys and taxes owed will be paid.

>>127075803
Then go ahead. Do it. Cash out $10,000+ in btc.
Law enforcement in the US treats large bitcoin trades as money laundering attempts. Just letting you know.

>>127076130
starting to think you're mentally ill and have no experience with this whatsoever

>>127075897
Arent most currencies tied to the gold supply of the country of origin?

>>127076008
Single public ledger. Easy to transfer globally.

>>127076217
heh

>>127076130
Eh? Did you even take a minute to read up about this before posting?

>>127076217
>Arent most currencies tied to the gold supply of the country of origin?

Hell no, we have jew money that is created out of thin air and backed by debt.

>>127075666
People use something worthless to buy shit, it gains value and the demand for it rises faster than the supply until it gets rare enough to be worth 2000 a piece.

>>127076217

Most if not all currencies are fiat and tied to nothing. Why do you think muammar gaddafi was taken out. He threatened to dump the petro dollar in favor of gold back currency. Assad hinted at the same thing.