Crypto warning

Crypto is such a scam. I bought a couple bitcoins for $200 last year now I can't fucking cash them out.

Yeah, bitcoin/crypto is interesting. But there's no possible worse time to dive into than now and the coming months.

>>128799446
dumb nocoiners

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lmao you'd have to be a fucking retard to buy into that shit, a bunch of wallets just got hacked, an exchange site basically cashed out on all the investors, and now the jews are trying to take the last bit out of it all.

>>128799446
>2017
>Thinking that all of these bootstrapping indie altcoins are going to make it
Just lol. Wait until Google releases Googlebux and Apple releases Applecoin. That is what's going to dominate the crypto market in the future, not some bullshit meme coin created by a ragtag clique of amateurs. All shitcoins save for maybe the two or three which form the strongest corporate partnerships and the two or three which will be used on the darknet are going to be worthless.

>2017
>not investing in silver

how are you willing to prepare for the apocalypse

>>128799446

The market cap isn't there yet.

>>128800507
I just sold 3 coins today on Coinbase. They have a $10K a day limit on selling, but it works well, went straight to my paypal.

>>128802386
((( Coinbase )))

>>128799446
>rumors say.
/pol/ will lap this up because it's not MSM.

>>128802386
nice subtle brag

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>>128801934

>apocalypse happens
>now have all that super important silver to hunt werewolves

Solid plan.

>>128801096
Nick Szabo is no amateur.

>>128799446
>3. Release a competitive product backed by a global reserve of finite natural resources that are majority controlled by the Rothschild family
so, you're saying the Rothchilds are gonna bring back the gold standard and with it (can't have one without the other) Glass-Steagall?

the libertarians are gonna cum and start farting.

>>128801096
I wonder how that would work. They wouldn't let people mine the coins themselves, would they? It'd make more sense for them to mine them all and sell coins to the public.

>>128803581
sort of, except that gold is distributed among all classes already

their new "gold-standard" crypto that will replace bitcoin will be controlled by them and be backed by their natural resource extraction companies. Instead of gold, the standard will be oil, LNG, lithium, rare earth, etc, etc, and only the companies that can extract these resources will be able to control the creation/inflation of the crypto.

In other words, it will be like starting over from scratch with a new standard that they control.

Only criminals use crypto. At least that's what my professor at university said and I trust him more than some neckbeard from (((Reddit)))

>>128801934

There's a book called "Wartime" by Milovan Djilas, one of the Yugoslav partisan leaders in WW2. At the start of the war, they would drag around these heavy chests of silver -- he describes them as being "obsessed" by this. Eventually they buried it and nobody knows what happens, probably some peasants saw them and later dug it up.

They never missed it. In a SHTF situation, the people with guns take what they can. Including more guns and more silver.

Literally just Internet money dude. How could anyone fall for that meme lmao

Also Make America Great Again and fuck non American money yeah

>>128804224
>It'd make more sense for them to mine them all and sell coins to the public.

The public isn't that dumb. The creation of the coins will be standardized by the extraction of earth's natural resources. As more resources are extracted, more coins will be created and distributed to the nodes. Thus there will be a demand for Rothschild-owned companies to extract natural resources as fast as possible. Any pushback by the Rothschilds will be seen as "eco-friendly" and not the blatant manipulation that it actually is

>>128804281
Sweden's biggest electrics store accepts Bitcoin silly Finn.

https://www.webhallen.com/

^Scroll down to the bottom

>>128799446
3 possibilities

>OP is right, God help us all

>OP is just RPing

>Some kind of (well informed and plausible) psyop to undermine confidence in crypto that is about to explode

>>128804272
someone should screen cab this, I think you've just made a prophecy.

no tinfoil
no Alex Jonesonian rants and ravings
no fedora spinning larp bullshit

I think you just.. if I may term it so... coined the future, if the top 1% gets their dirty little way.

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>>128804538
Holy shit the tinfoil hat in here

>>128802386
Australian coinbase won't let you cash out

>>128799446
Rofl, nice try schlomo, sounds like your short just got liquidated.

The protocol has barely changed at all these 9 years it's been around, if there were any fundamental flaws with SHA-256 or any other code in the client they would have been found by now.

Nakamoto Consensus is a bitch, isn't it?

>>128806167
>if there were any fundamental flaws with SHA-256 or any other code in the client they would have been found by now

>what is ASICBOOST
>who is Jihan Wu
>what is BIP 148

You may want to investigate your investment a little better next time

>>128805453
you cant even withdrawn coins, then sell them to a local exchange?

>>128799446

BITCOIN IS BACKED BY THE INTERNET, AND MORE IMPORTANTLY THE DARK WEB

ITS A BET AGAINST THE DESTRUCTION OF THE INTERNET ITSELF, AND THROUGH THAT ILLEGAL SERVICES PROVIDED BY TOR

THE ONLY WAY THIS WOULD HAPPEN WOULD BE THE DESTRUCTION OF THE INTERNET OR DARKWEB ITSELF

>>128805453
btcmarkets.net nigga

>>128807647
or, ya know, a 51% attack and a loss of confidence

>>128806978
>what is Asicboost
an optimization to make ASICs 20% faster that currently no one is even using. I agree, it shouldn't be patented, that is unfair, but Bitcoin doesn't follow shitty laws, Nakamoto Consensus is law.
>Who is Jihan Wu
The man trying to save Bitcoin from (((Blockstream's))) shitty attempt at diverting transaction fees from the miners and instead to their pockets without even having to secure the network by mining
>What is Bip148
An extremely shitty attempt to push (((Blockstream's))) shitty client by means of bypassing the miners. Problem is they don't have any miner support OR economic support. They've gotta have at least one or the other.

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>>128799446
>>128800507
>>128800582
>>128800858

>>128799446
HAHAHAHAHAHA anyone that knows anything about it know this is a load of horseshit. How would creating a crypto profit them? Do they run electrical companies? Better question: How are you so retarded?

>bitcoin
>virtual form of currency
>created in 2009 by an anonymous programmer
>who goes by the code name, Satoshi Nakamoto

[Gold] is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it.
Alan Greenspan, 2014
Cash in not a very convenient store of value....
Janet Yellen, 2015

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>>128799446

>>128802386
How do you get 3 bitcoins

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i'm feeling E N E R G I Z E D guys
anybody wanna do some jumping jacks to get their blood flowing?
we've got a lot to read and archive today, so let's all get going and get some ENERGY.
feeling energetic let's have some energy this is a good feeling this could be a great day of happenings let's all find some energy

>>128810504
buy them

or buy a small amount
then make successful trades / investments

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>>128813244

>>128799446
it only took 10k years for humans to figure regular fiat debase = bad. eliptic curve nsa leakbook when? but seriously we can't give'em the crypto codes.

>>128799446
What is the source of these rumours? Provide sources...

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>>128799446
OP is CIAnigger recruited during their 5 year long LGBT outreach drive, working for the jews

>>128800507
This is only because you are stupid and cannot follow basic instructions.

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>>128799446

So the rumor on the street is that Nathaniel Rothschild and Alan Greenspan are the masterminds (codename Satoshi) behind So the rumor on the street is that Nathaniel Rothschild and Alan Greenspan are the masterminds (codename Satoshi) behind B̶i̶t̶c̶o̶i̶n this post.

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>>128799446
Oh if you guys wanna start here the plan is for bitcoins to reach millions first then pull out the rug 2-3 years later.

Scam or not the point is to make money.

>>128805321
It's fucking brilliant and exactly the thing a Rothschild would think of. Of course, there is no evidence to suggest this is the case, so it is a hypothetical. Regardless, that is an amazing strategy and I wish I had the resources to pull it off. That is a billion, or even trillion dollar idea right there.

>>128815263

I mean let's be honest, with some of the schemes these tricky fuckers pull off they deserve to have peoples' money.

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>>128801934
Yea ill have weapons and guns so not only will I have you're gold and silver, my friends will take turns on you're daughter,sisters and mother.

>>128805453
I have no clue about Straya rules mate, sorry :(

>>128810504
I bought 40 of them when the bottom fell out. Figured it was a grab and dump scheme, which so far it has been. But, that's not a bad thing if you watch closely.

It's an interesting rumour and would make a good episode for a Black Mirror or Mr. Robot.

Bitcoin is crazy awesome though for storing and moving value across boundaries. I haven't used Ethereum yet.

Wait until they expand Blockchain technology into things like Smart Contract, etc. That's going to fuck wit a lot of people's business and jobs.

>>128800507
Yeah....
> bought "A Couple bitcoins for $200"

>>128799446
>>128807927
>51% attack
Not going to happen. At this moment the BTC mining network has a combined computing power of ~21,000 exaflops, which is approximately 100,000 times more then the top 500 supercomputers in the world combined.
Back in 2014 when BTC wasn't as popular, one mining group did get a majority for a very brief moment, but groups have generally reduced in size a lot since then and there's no chance in hell of that repeating.

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>>128813244
>E N E R G I Z E D
>jumping jacks
>get some ENERGY.
>energetic
>have some energy
>find some energy

>>128814575
This plz

>>128799446
there's nothing i hate more than poor people larping

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>>128819239
Extra rare E N E R G Y

>>128800582

That's the same shit they were saying when bitcoin was $100. Bubble, overbought, blah blah. Fucking knobs have been predicting the end of crypto since its market cap was $1 Billion. It's nearing $100 Billion now. And they keep singing the same bullshit song.

>watch Laurens video earlier today
>Invest in xvg coin
>Already up 80% profit

Wow! I love crypto now