FAIR WARNING! IF YOU HOLD BITCOIN SELL NOW!

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it's too late

>>129941583
You might be right Anon...

it's dropped 600usd in 3 days

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>>129943833
That's honestly pretty normal, the same thing happened like 3 weeks ago. The only reason people are acting like the sky is falling is due to all of the newfags panicking over any sort of drop

>>129941467
WHAT ABOUT ETHEREUM
WAS TOLD ALL OVER HERE "BUY ETHEREUM!" ALL YESTERDAY!
Finally I bought an ETH Coin... Value has dropped by over 10% in one day! WTF POL?

>>129943833
the u.s. government is about to outlaw crypto. that's why it's plummeting.

>>129945204
or because of the coming quantum CPUs

yes please sell it goyim, it's going to be worthless! it's not like someone will buy a metric fuckton of it since it's really low and make a huge profit once it inevitably rises again.

>>129945846
Take it or leave it Anon, just don't say you weren't warned.

>>129943833 More than 400USD today alone

I made 15k a few weeks ago on it. it'll rise once amazon and ebay accept it, which a little birdy told me is going to be VERY soon ;)

>>129948322
Your birdy is an idiot. Prepare to be sorely disappointed.

>>129945846
Yes, please continue buying bitcoins. Nothing could possible go wrong with that plan.

>>129948322
you're delusional

>jews blacklist 4chan on paypal cause they don't want this place to get big
>but bitcoin is gonna go on amazon

lol who cares what the price is, unless you're some (((currency speculator))) who fell for the bitcoin commodity meme. The main value of bitcoin is a decentralized currency that can't be deflated or seized by any authority and has no boundary between borders. It is a model currency for the internet and for the future, maybe somebody will make a derivative coin that has some feature to reduce speculation and we can settle on using that.

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>>129941467
We're overdue for a recession. We got lucky in '08. Probably not so much next time. Another Financial Tidal Wave is Coming Soon.

http://www.trunews.com/article/another-financial-tidal-wave-is-coming-soon-get-ready

President Ronald Reagan’s director of the Office of Management and Budget David Stockman said it correctly days ago when he told CNBC, “This is one of the most dangerous market environments we’ve ever been in. It’s the calm before a gigantic, horrendous storm that I don’t think is too far down the road.” Meanwhile, legendary investor Jim Rogers told Business Insider days ago, “Some stocks in America are turning into a bubble. The bubble’s gonna come. Then it’s going to collapse, and you should be very worried.”

Mr. Rogers predicted the crash would happen later this year or 2018. The 74-year-old billionaire said the financial crisis will be the worst in his lifetime. Mr. Bill Gross, also a billionaire, said last week that U.S. markets are experiencing levels of risk at the highest levels since the 2008 financial crisis. The Holy Spirit showed me this mega storm in 1998. It’s been coming in successive waves. A monster-size tidal way is headed our way very soon.

>>129941467
It was fucking called. Look at the market, the volume, the floor, and see how much BTC dumped are needed to crash it 100-200-400-800 dollars.
>bitcoin is highly divisible and can send any amount you want.
Yeah, except now a transaction will cost like 15 fucking dollars. Wasn't bitcoin meant to have a low transaction fee ? Wasn't it also meant for micropayments? How am I going to spend it if yesterday was worth 100 and now it's worth 1000 ? I'm going to keep it... and money is NOT meant to be hoarded, it's meant to be spent.
All the rollercoaster you are seeing now are trading bots, china, and whales trying to fuck up the market.
Bitcoin could be a great thing, but (((someone))) ruined it for all of us.

>>129941467
I bet you are the same leaf that screamed crash and burn a couple month ago on the loonie. Nothing happened , do not get me wrong anything can happen in trading as in life. If you really knew insider information you would already have taken positions to cash in on the move. One day move is nothing to be alarmed about, most likely today's Fed hike took steam out of the cryptocurrency. I do not trade bitcoin , but you sound like the Brexit stay lads shouting about how the pound would burst .

>>129951371
sounds exciting

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>>129952785
It won't be exciting if you are not saved

>How terrible it will be for you who long for the day of the Lord! What good will that day do you? For you it will be a day of darkness and not of light. It will be like someone who runs from a lion and meets a bear! Or like someone who comes home and puts his hand on the wall—only to be bitten by a snake! The day of the Lord will bring darkness and not light; it will be a day of gloom, without any brightness. (Amos 5:18-20)

>>129944963

>has an investment for one day
>why aren't I rich yet, /pol/?

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It's actually in an extended third wave. The fifth wave will be past $5000 and will take place sometime in July or August. This isn't speculation, this is Elliot Wave analysis of the BTC/USDT pairing chart.

Screenshot this post.

>>129941467
>Sell
>August will crash bitcoin
>Come September
>OP buys all bitcoins around
>Rothschilds of the cyber.

>>129954536
>The fifth wave will be past $5000
Then people will start dumping and it will crash to 2000/2500... whatever the floor will be. There will be lots of bagholders.
I'll make sure to have enough popcorn & beer to enjoy the show.

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>>129941467
You retards all invested in worthless bitcoins while i'm gonna get rich off of niggers

>>129955274
That's why you sell quickly instead of waiting for the top.

>>129941467
>>129941467
bip 148 and segwit will drive the price to new highs from september to october you stupid kyke.

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>>129941467
>>129941583
Fucking aye it's too late

I have over 50k and I've already lost over 10 of it

>>129955646
because you bought at the top retard

>>129944402
>>129931079

god your a dumb kyke, saying it will be worthless by august when the price will most likely sky rocket. Get gassed you dumb greedy kyke

>>129941467
Just imagine if all the fags who sold all the bitcoins when the price dropped from 1 thousands dollars to 250 dollars years ago, instead had hold them. They all could have sold them now by 2400 dollars.


You should only sell all your bitcoins only if a new competidor appears. That can make instantaneous safe transactions and has no transactions limits. And be even more descentralized than bitcoin.

Doesn't really matter anymore if you bought at $400. It ain't going to zero.

>>129941467
Litecoin will come out on top. Cap this.

>>129941467
Goys, what website can I use to convert some leftover btc to fiat now and buy btc again after the upcoming crash?

I only ever bought through LBC, preferably it would be something that doesn't require ID ( like coinbase afaik ) because I'm that paranoid.

>inb4 use btc ATM, not an option

>>129941467
Quit panicking, noob.

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>2017
>not owning some niggers

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Buy ETH ya plebs

>>129955581
Yes. That's what you would ideally do. If you don't get greedy.

>>129955640
>bip 148 and segwit will drive the price to new highs from september to october
No. The hype drives the price insanely high. The actual happening day will be quite disappointing.

>>129943833
>it's dropped 600usd in 3 days
and it's still at a price that was all time highs 3 week ago. people needs some perspective when watching the crypto roller coaster.

>>129941467

just buy BT or ETH now. Sell in it a couple of days for a quick profit.

Personally, I'm holding on to ETH that I Bought at 200$

>>129950150
How is bitcoin related to this place, rube?

>>129955646
>lost over 10 of it
you don't lose anything until you sell

>>129957316
I guess I should make this clearer. My intention is not to send the fiat to any bank account, but simply to have it stored in the account balance of coinbase or whatever service and be able to buy btc later from that. Without having to submit any ID to verify the account and so on.

Also, is litecoin really gonna pop next? I slept on eth and now I'm jaded as fuck.

>>129957635
lol ethereum crashes when bitcoin crashes. Ethereum is stull bitcoins bitch.

>>129957635
>Buy ETH ya plebs
FUCKING NOW?

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>>129941467
> Holding on to fake money as an investment
> Buying fake money with real money as an investment

>>129958210
I made a thousand off of fake money you ukip dick sucking faggot

>>129943833
And its gonna peak at least 1,5x in 2 months

>>129958158

YES!!!

It will eventually go up again...

>>129951371
Meanwhile overpriced houses are flying off the market.

>>129943833
>it's dropped 600usd in 3 days

Good time to buy.

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>>129945846
I agree with this guy. Please sell your bitcoins! If you guys can get the price down to around 1000, ill be able to make a fortune when it shoots back up.

>>129944402
Stupid niggers don't understand that those market manipulations are moves by kike whales to shake out weak hand ed faggots into panic selling their bitcoins away.

You try to tell dumb fucks this is nothing but a modern day pyramid scheme and tulip mania that's going to zero because any fucking retard can make digital coins and there is nothing backing them and you get ignored.

O'well, when it crashes to zero, at least precious electricity will be conserved for something useful and there will be a glut of discount GPUs to be had.

Every generation needs their own pyramid scheme and subsequent crash to learn their lesson.

>>129958938
>because any fucking retard can make digital coins

Actually, no. It costs a lot of money to mine these coins. It would take you, at the current difficulty of mining, over 1000 years to mine a single coin on a PC. There is a limited number of possible coins that can be mined and when the last one is complete, there wont be more.

>>129941467

Someone is pumping up the value and will cash out sending it into free fall. This is how speculation and ponzi schemes work,

To anyone with economist degree here - do the rise and current fall of Bitcoin follow any kind of economical model? I'm into this stuff and was wondering if I could read any financial theory about it anywhere.

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>>129948322
>mfw

if only...

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>>129941467
Just bought $3,000 of BTC a few hours ago nigger. Immediately bought $1,200 of ETH with some of the BTC.

>>129945474
Dude, that crap is like 10 years away.

>>129941467
Bitcoin is extremely volatile, but it always goes up. it may dip real low soon, but give it a couple years and bam, it'll be worth 10k+

>>129959766
How do you exchange btc for eth with minimal fees?

>>129944963
kek I bought in at 40, sold a good amount at 360. your choices are your own, dont blame anyone else

>>129941467
bitcoin going to drop by half by the end of the week digits confirm

>>129959795
No it's not.

>>129960060
coinbase is good. 1% of the transaction.

>>129959947
Spoken like a true believer. It's a bubble. Long term it may make it there, but it's an indicator of how the dollar is losing purchasing power.

>>129960060
Make an account on poloniex, their max fee is 0.25% on a transaction I believe

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>>129945846
Yes buy now Goy.

>>129960454
coinbase is bullshit and one of the most expensive exchanges out there.

>>129960827
No, not even close. There are other ones that charge 5-10%.

>>129960454
I bought $75 and the fee was almost $5

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Holy shit, I was considering the other day buying £500 worth, glad I didn't.

>>129960358
wow great argument fagtron you sure convinced me with those hot opinions

good, I hope it becomes worthless soon, too easy to exploit and launder money and other degenerate shit. Enjoy it when it becomes worthless while I sell my premium keyword .com's for tens of thousands. You are a bunch of idiots lol.

If you want a glimpse of the future, look into .xyz keyword names going for dirt cheap 99c now and resell for thousands later.

bye

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>>129960268

>Let me try again for you pal

>>129941467
I sold my bitcoins for $2950 each to a guy when it pushed like crazy. Won't tell the total amount because you all would probably be jelly as fuck. :^
I will probably wait some before buying again.
Made a solid 190% profit nevertheless. Still in on Ethereum though. Currently up 1400% (went in late here because of vacation shit).

Oh and also, no BTC won't crash. As in a complete meltdown. Those days are over, at least until China or USA publicly shit throws it.
It's normal for bitcoins to go up and down a few hundred dollars before pushing up again.

>>129941467
k

>>129961001

>I hope it becomes worthless
>Enjoy it while it becomes worthless

fuck off retard.

>>129948322
No way they're going to accept it before the upcoming chain split is resolved.

>>129961363
congrats on the ethereum I could have got in at $50 but put $2k into bitcoin instead. Glad someone else here gets that bitcoin isn't going anywhere anytime soon.

>falling for the bitcoin jew
I hope you faggots lose everything.

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>>129941467
I've bought $8k worth of ETH just a couple days ago. It will go back, all cryptops are following the same pattern now, it's artificial as fuck

>>129961208
>buy a domain .xyz
>can't defame Justin Bieber, Oprah Winfrey, Daniel Negari by their TOS

Cybersquatting is so 1999

>>129941467

/biz/ fag here. The bubble is about to burst.

>>129961642
I hope you stay miserable letting inflation chip away at your savings account.

>>129958938
B-But there is confidence in digital currency. The community trusts each other, and shadow brokers will not let it fail.

Its because of the ICOs, alot of movement from one commodity to another has happened. That One Gram and Iota made a hell of an impact these last 2 days.

So will the post apocalyptic water traders accept bitcoin?

>>129961208
t. wall street bankster
you pissed off because only banks are suppose to exploit and launder money and do degenerate shit ?

>>129941467
I was super bummed I did not invest in bitcoin

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>>129961129
>fagtron
>fagflag
>flimflag
>flimflam

>>129962161
august 1st is pretty much going to be the bitcoin civil war playing out. If you still want to invest do a little research an keep an eye on the price, there is the potential to lose some or gain alot in the coming months.

You must be new to bitcoin.

>>129962135
Same as ANY other modern currencies

>>129960454
Gemini is better

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>>129958573
Yeah to housing investors flipping it to one another, last guy stuck with the check is fucked.

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>>129941467
>buying meme coins and not using them for drugs
lmao

>>129962135
The only currency of the future will be guns and ammo. Remember this when that day comes.

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>tfw I owned 12 million Dogecoins then invested all of them in a now defunct cryptocurrency

>>129961638
Yeah well, a majority of /pol/ doesn't know shit about it. They just read an article/watch a youtube video about BTC and felt the need to post a BTC doom thread.
It's best to just ignore them and don't fall into their trap of ignorance which always leads to losses.

I will post a thread when I get the word about Litecoin though, just to help /pol/acks out. So keep an eye on that.

>>129962387
I just wanted you to know that is one of the funniest things I've seen in a very long time and I would like to thank you for sharing that.

>>129962835
so you think litecoin will get a bump during the UASF drama?

>>129962161
>I was super bummed I did not invest in bitcoin
At least you didn't miss the second coming with eth like I did, after sleeping early on btc despite being somewhat aware of it. This time only because I was fucking lazy, so pissed off right now.

How do you fuckers deal with missing the wave? Do you reckon there's going to be another one like this anytime soon?

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>>129962783
>tfw I invested in rare Pepes and the market was flooded on Tuesday, November 8th 2016.

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>>129963183
Only waves of crimson for us now

>>129963114
I personally don't know yet. Litecoin is my friend's "department".

>>129943833
kek
perfect buy in

>>129941467

Lol get the fuck out of here, I bet your cross posting this on 30 or 40 different forums to try and get people to panic sell so you can crash the prices a little and mop up some fat profits. Bitcoin is literally out performing every other kind of investment imaginable and its value continues to sky rocket. Its the safest place to store your money imaginable.

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>>129963183
>How do you fuckers deal with missing the wave? Do you reckon there's going to be another one like this anytime soon?

Don't feel bad. I had ~2900 BTC back in 2010 that I lost when a hard drive died, I didn't know about forensics back then.

I left crypto forever after that, watched ETH go from nothing to where we are now.

It's all just kikes trying to maintain their hold on the financial system, investing in it is literally mortgaging your and your children's future.

>>129941467
But I don't own Bitcoin I own 8 niggers 1 Hitler and 8 African-Americans

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>>129963851
Proof

>>129963639
>its value continues to sky rocket.
you mean its price.

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>>129963252
https://i.4cdn.org/gif/1497492275201.webm

>>129963799
>investing in it is literally mortgaging your and your children's future.
how about instead of investing your life savings you just invest what you can afford like a non-retarded human

>>129964014

Price is relative to currency pasta peddler. Value is a more accurate approximation.

>>129941467

Shorting on BT already?

>>129963454
>Only waves of crimson for us now
Honestly, I'm not even mad about that. I can live with it, rage is an upgrade from crippling depression.

>>129941467
>Crashed like fuck today
this is an average day in crypto-land idiot, try and keep up

>>129941467

If you want to get back into crypto, XRP is your next chance. Throw a grand or two in it and check back in 2-3 years. Patience, niggers.

>>129962835
Whatever happens I am doubling down on bitcoin, I ordered a trezor wallet today and im going to put everthing in cold storage until everything plays out after august 1st. I'll keep a look out for any crypto tip offs on here and hope its you.

>>129964052
The Pepe collapse was my own personal 9/11. My rabbi killed himself because of the collapse.

>>129961363

Today a us Governor is trying to pass a bill which taxes cyptocruncy and sent to jail for 5 years if you don't report it.

>>129961775

search .com , .xyz completed sales https://namebio.com and compare it to the scam that is called buttcoins.

the nips and chinks love .xyz and or investing in domains, they have made it so you can register numbered domains now for 99c cents each and renew even for 99c each year, which is a no brainer. That to me is a lot more safe than buttcoins. It was bound to happen, like I said they would never allow something like this to exist for too long, too easy to exploit. Its like in nature there are apex predators, and that apex predator is the us government, if they see a threat they will take it out, you gotta play nice, not my rules, but that is how the universe works I guess.

>>129964236
How does it have a "value" then, besides being exchanged for currency? How many people did really use bitcoin, and how many just traded it in an exchange instead of buying something with it, or making any value out of it?

>>129964052
I fucking cracked myself with that vid

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>>129964143
>how about instead of investing your life savings you just invest what you can afford like a non-retarded human

I was a miner, I didn't invest anything more than the hardware I threw at it (maybe $1200 worth).

The whole "NWO one-world currency" thing is BTC/ETH or whatever comes out afterward that has a group of engineers willing to sell out.

All of our money is a joke, none of it means anything. Just ones and zeros on a server somewhere, the social structure behind it rewards people with credit to buy things and services based on how well you play along with it.

>>129963799
>Don't feel bad. I had ~2900 BTC back in 2010 that I lost when a hard drive died, I didn't know about forensics back then.
Fuck, I don't have words for stories like this. Congrats for not offing yourself, if it had happened to me back then I would've done some reckless shit.

>>129941467
Bitcoin's blockchain is a big ass load of crap, it is not a useful cryptocoin, only for hype.

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>>129955340

niggers were lost to the waves anon>>129955581

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>>129965097
>if it had happened to me back then I would've done some reckless shit.

Once it hit ~800 or so I got really fucking depressed and my startup completely fell apart.

It's really hard to deal with the fact that you could have completely self-funded a business you know would end up suceeding.

Now somebody else is taking care of all of that and I only own about ~10% of it, while having no creative or professional input whatsoever.

I used to laugh at the bankers who'd jump off the roof when their portfolios dumped, but now I understand the feeling.

I just tell myself that it's just money, it's just ones and zeros and the amount of those ones and zeros in your possession is really only tied to how much influence you have over your own life. That keeps me going because I don't like being controlled.

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>all of this FUD ITT

embarrassing

is this what you nocoiners do? the levels of cope right now are insane

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>>129941467
gee you mean to tell me a ponzi scheme was a ponzi scheme? wow who'd da guess?

>>129963851

>157 Nigger
>90000 Kike
>100 Hitler
>9 holocaust coins

poorfag

you guys should invest in domains, especially new ngtlds, there are people out there making thousands of dollars doing this, and imo it would be a lot better investing in something like that where you have security than some shit you have no clue where it will end up. its tried and tested.

>>129941467
Bitcoin is not the stock market,
most people who hold bitcoin got it when it was $50, and know more about it than some random fag on 4chan

>>129964983

English is not your native language, thus this is a hard concept to explain to you. Think of value as the raw desire to attain such a thing. Thats what dictates its price. Value comes before price, the price is whats negotiated.

>>129965937

I'll screencap this and post it back here when ETH is at a new ATH rest assured.

>>129961363
>USA publicly shit throws it.
Like that new senate bill that was introduced to specifically destroy Btc

>>129966000
>cybersquatting

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>>129964010
>>129963851
No Pepezilla?

>>129941467
Well you have to remember the reason for BTC's rise is chinese capital outflow restrictions. And BTC technology isn't really that great compared to other cryptos... BTC is shit

>>129951082
Currency must have price stability, without it... Its not a very good currency.

>>129941467
>Crashed like fuck today

It's still above $2400. Crashing would imply it was worth way less than that.

>>129966321

The peak on that chart happened in 2014. There will be more corrections, but it's not going to be "worthless". There's too much new money flowing in and only %10 of the world even knows about cryptocurrency yet.

>>129966804
No need for stability in the age of the global network where prices can adjust instantly

>>129957963
This guy knows

>>129951371
With a recession or anything else related, cryptos will experience some rise in value due to their ability to move money from one country to another with relative ease wiuthout having to go through intermediate banks.. the problem the currency will rise so quickly that everyone will be selling and the big crypto exchanges will close because they cant serve the requests to withdraw

>>129966474

so people who buy and sell homes are homesquatting too? come on, these are literal numbered domains, like chips, and on top of that yes you can "cybersquat", but people were always going to do that anyways, and it's competitive, so its not really your fault, everyone does it to make money.

>>129967091
Without stability, you deplete savings, without savings you don't have investment, without investment.. well you get the point.

>>129967131
Not homes, but land in the developing areas.

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>>129941467

Non-Physical currency is part of a Globalist plan to remove the Physical currency's.

So that the Public will never be able to hear & feel what they earn again.

http://archive.4plebs.org/_/search/subject/knowledge%20bomb/username/anonymous5/tripcode/%21%219O2tecpDHQ6/

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Yeah totally

>>129941467

>/biz/ trying to pick up cheap coins from poltards again

dont be mean

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Bitcoin only crashed because people thought it was going to crash. It's just like a bank-run. Even if a bank is doing fine, if you make people think it isn't and they all run to it at once to get their money, the bank will shut down. Same with bitcoin. It was doing just fine until congress introduced legislation to try and "regulate" bitcoin, which isn't possible. People thought this would cause bitcoin to fail, so they're all getting out. Everyone trying to get out their bitcoins all at once is causing the crash. If everyone had remained calm, the price would've dipped but it would be alright in the long run once people realized the government's full of shit. But since everyone's panicking like idiots, bitcoin's crashing. It's too late now though, the damage is done and will continue to be done. Get out while you can.

>>129941467
Wait, holy shit when did the price of bitcoin get that HIGH?!?!?! WTF?!

>>129959795
I'm invested in them now >:).

Not by very much though ;_;

>>129966304
>Think of value as the raw desire to attain such a thing
Ok, the question is, "why do you desire to own this?". Most likely, the answer is just "because I can sell it sometimes in the future, as its price will surely be higher".
This is no value. Value is because
>I can buy stuff irl with this
>I buy stuff on the internet
>I can transfer money to anyone with a negligible fee
>I can store it safely
>I can make hard/impossible to steal
>It's hard to manipulate and control
>No central authority
But how many people really use it because of this (apart from traders and investors, whose are just after the money)?

>>129967469
Correct, but people exchanging bitcoin under a street lamp at 10pm at night for USD isn't gonna work too well... Not to mention BTC-E is one shady broker in some random country with fuck all who knows who they really are

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>>129941467
>buy eth at 160
>sell eth at 240
>see eth go up to 360

talking euros.

>>129965743
>I just tell myself that it's just money, it's just ones and zeros and the amount of those ones and zeros in your possession is really only tied to how much influence you have over your own life.
Damn that got deep, congrats on moving past it rather than crumbling under the weight. How the hell did you do it?
Truly internalizing that concept is gold, what helped you with gaining actual self control?

too many new buyers. what do you think happens?

>the when you bought eth at $45
Can still fall another 200 and I'll still double my cash

>>129967404

>printed paper is worth anything

LOL

Any currency is based on trust except literal minerals and grain.

It was a little revolution when we changed from silver coins to printed paper.

The next step will be cryptos that are decentralized. It is actually a step towards more freedom.

>>129941467

Someone is wanting to buy. LOL

>>129966804
That's what Digix and Maker do.

Everyone still has 3k on the mind for BTC

I'll still be holding

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>>129945204
>the u.s. government is about to outlaw crypto

>>129961983
you retarded bitch

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>>129967823
The first rule of ETH Club: HODL
The second rule of ETH Club: you sold didn't you you moron

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Was sitting on 13. Sold 10 today. Feels incredibly bad, man.

So when should I buy?

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>>129964052

>>129941467
thats not how it works retard. if everyone sells out that ensures that it will crash

>>129968553
More like banning ICOs, and also extending their own tentacles to get your bitcoins.

For your safety, goy.

>>129968658

How will you off yourself when 1 BTC = 10.000€ in the next economic collapse?

>>129941467
its gonna drop down to $900 over a year and a half
then in 3 or 4 years it will be worth $6000

it always goes up and down

>>129941467
fucking leafs man.. day of the rake

>>129968908
Why would I off myself you idiot? I've sat on those coins for a number of years. Huge profit but it could have been more before the crash. Profit is profit

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>>129968958
>day of the rake
can't wait

>>129968908
You're the type of cancerous bigger that always advises against selling no matter what aren't you? Kill yourself

>>129958210
>pretending to know what ((real money)) even means
wew lad

>>129969064

> I-I wanted to sell for 2.5k per coin instead of 10k per coin hehe

wew, didnt know that Warren Buffet browses pol

>>129951371
>crash is gunna happen guyz xd

No shit it's been almost 10 years since a recession and historically they happen 2-3 times in that time period

>>129959766
checked. this guy gets it

>>129969168

>feeling the need to respond to my post
>trying to justify your fuck up by lashing out at me

is somebody weak handed? kek, you retarded faggot.

>>129969279
but muh Y2K

>>129969346
Learn to read IDs you smelly roach

>>129964014
price is a valuation of the market in its pair currency, anon

>>129941467
>dumb fucking leaf

>>129943833
It's literally nothing. Bitcoin's volatile nature has made people a lot of money...its a feature not a problem.


Bitcoin isn't the only coin in town anymore. Smart money will be accumulating litecoin over the next few months. If Bitcoin forks it will crash, but it will come back stronger than ever. This market is too big for long-term crashes like 2013 now. Too many people see the value and will gladly scoop up cheap bitcoin.

>>129969442

>only one British poster per thread can fuck up his cryptos

Wew, you got me there Sadiq.
How are the burning housing towers going?

>Some cunt tells me to buy Ethereum on coinbase.
>Buy a bunch
>Price goes up
>Making the big bucks
>Wanna sell some to buy some beer
>>>>>>>Coinbase does not currently support sells in your country.
What the fuck!?

>>129941467
government introduced a bill related to cryptocurrency today, of course it's going to drop in value. Also, isn't panic selling part of what "caused" the great depression? (yes I know it was the federal reserve)

>>129969608
Litecoin is the only alt I own

>>129967587

Its no different then the paper you have in your wallet with the fancy little lithograph drawings on it. You think that has any value aside from our desire for it? Our nations dont even own the press's that print it, its not a scarce resource by any stretch of the imagination.

>>129961850
Have you heard of gold, silver, or real estate?

>>129941467
coinfags btfo

we told you over and over

>>129941467

Nice try Soros, you'll never get me bitcoins

>>129970306
>Wanna sell some to buy some beer
in under 3 years that'll be a $1000 carton

>>129941467
>people unironically thought (((they))) are giving up control over money

Hehe yeah China is just gonna shut down all its farms, right ;-)

>>129970726

THIS is the spirit.

Kikes hate Bitcoin.

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What did you think was going to happen when it morphed from useable currency to an out of reach valuation?

It falls into the realm of manipulators, money changers in the temple, dare I say it, the...

>>129941467
Elites wanna transition to bitcoins, don't do it

>>129971024
Worth it.....

Maybe not.

Anyways, hypothetically If I make let's say $500,000 through eth or litecoin or whatever, do I have to declare it on a tax thingy? ( I have only ever had cash jobs, never done a tax return or anything )

>>129971024

If people remain retarded enough to not brew there own and keep buying corporate brews, sure. Actual cost to produce 1 gallon of beer is probably something like 5 bucks.

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>>129941467
they are at war with you

>>129970495
>You think that has any value aside from our desire for it?
I don't desire money per se. I use money to buy me food and drink, shelter, cars, hookers, computers, internet, etc...

I can't tell the same for bitcoin, at least yet, or in the foreseeable future

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>>129941467
Is it worth it to buy 30$-50$ of Bitcoins? I never invested on it, should I ask /biz/ about this?

>>129971605

>touching whores
>paying for sex

Invest in a rope

>>129941467
>people actually invested in bitmemes

>>129971605

It'll come to pass, once the Jews try to crash the economy again (see fed hikes) It'll just surge in popularity. A wise investment, if you ask me.

>>129959231

>finite number available

how does that make any sense to invest in as a currency?

>>129958210
you mean using inflationed fake money who devaluted because its held in the hands of an central bank to buy a limited exchange currency who does not suffer from inflation or central control.

>>129941467
This /biz/ and /pol/ cross posting has got to fucking stop

RIP Bitcoin

>>129971942

Because the people in control of the press's cant arbitrarily print billions of dollars at a whim, thus leading to its overall devaluation.

>>129947986
>400usd
you know how I know you're new to crypto?

>>129971665
probably better to invest in other cryptocoins like ETH, they will probably reach the bitcoin mark of more than a thousand with the bitcoin pushing everyone up.

>>129941467
Nah I'm good. I am a VIP at 21.co since I'm a venture capitalist. So literally all then BTC I have I got for answering emails. No need to sell free money

>>129971942

So you are saying you think a worthless currency with infinite supply is a more stable investment? Are you retarded?

finite coin supply means that coins will rise in value till all fiat is in BTC or cryptos in general.
That means you wont pay in BTC but in satoshis for your egular stuff, unless you buy a big mansion or something like that. That it could cost 1 BTC.

>>129972204

Why? cryptos are a political subject as well. The kikes hate them because they cant control them. They want to literally shut them down

>>129941467
>thinking useless data is a valuable currency
You're retarded if you think this garbage ever had value.

>>129960638
I use bittrex.

>>129965150
What about decred? I'm placing my long-term bets on that because it can evolve with community consensus.

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>>129941467
Time to buy another DIP retards

Making money time

>>129971942
Are you stupid son? You realize why gold is expensive as fuck? because its finite not like the dollar that can just be printed.

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>>129958210
>Thinking your government (((backed))) fiat is any realer than BTC
At least BTC is finite and can't be manipulated by a central bank

>>129971339
only if you sell it for joo bucks

>>129972486
I agree with everything you just said but the price of BTC is not political matter. Also this exact thread is on /biz/ literally every. single. day.

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>>129941467
Any one else get in on Veritaseum token?

if not hope when it's on exchanges you get some

>>129944402
except the world banks held a conference to discuss the future of cryptoshekles not even a week ago, or maybe thats coincidence?

https://www.ft.com/content/1a962c16-6952-11e6-ae5b-a7cc5dd5a28c?mhq5j=e3

>>129973423

Not the price, but I was referring the possibility of governments trying to ban cryptos.
Which should tell us how dangerous it is to them which should make us support it even more.

>>129971758
My dear colored german anon, we don't have your same privilege to just-grab-a-girl-and-do-whatever.
You either have time for real social life, or you can just pay for it. Quality service for a reasonable price

>>129971830
>A wise investment
For sure, that's its only current value

>>129973594
>>129973660
I'm just so numb to FUD at this point to consider this newsworthy

>>129958210
>Thinking your government's currency is real money

>>129974060

I had that motion of your house of representatives in mind that was posted somewhere here.

>>129974032

hmm I am snow white, 800 years of proven Germanic ancestry my friend.

If you are not retarded it is pretty easy to get laid without paying for it.
You dont even need to participate in degenerate hookup culture to do this.

Despite that, getting pussy is not an important thing at all, focus on yourself. Most of the time its not worth the stress.
Sometimes I jack off and laugh insanely afterwards realizing I almost had spend time of talking to some tinder girl for this and listening to her shit. LOL

>>129972256
>>129972486
>>129972486
>worthless currency with infinite supply is a more stable investment?

It's a hell of a lot more stable than a currency that can drop 10-15% of its value in a matter of days.

There's too much risk involved.

>>129975097

>investment is risky

wew, its like you need to take risks to gain capital you know?

It gets less volatile when the last block is mined. This will not happen anytime soon and till than its a speculative object and a currency at the same time.

>>129941467
See you there, filthy no coiner.

>>129975097
>It's a hell of a lot more stable than a currency that can drop 10-15% of its value in a matter of days.
thats not guaranteed, the infinite funny money, IS guaranteed to lose 99 percent of its value in 45 years
how people have been tricked into thinking thats what stability is......

>>129975354
>till than its a speculative object and a currency at the same time

it's a lot more speculation than currency at this point.

>>129976086

>how people have been tricked into thinking thats what stability is

if i have $3000 cash today then you would agree that in a few days/weeks i should most likely still be able to buy $3000 worth of goods. it takes a lot longer for it to loose value.

at this time bitcoin does not behave the same way.

$3000 worth of bitcoin can be worth $3500 in a few days or even $2500. that's not stable in the short term.

as a long term investment bitcoin can potentially make you very rich but for now that potential doesn't make it a safer currency than that infinite funny money.

>>129977421

It is both. It is a lot more volatile than other currencies but it is still one.

Why do you bitch about that? If you do not like the idea of crypto currencies do not put your beloved paper money into them.

>>129969237
Hindsight is 20/20 you fucking kraut, the brit made a big profit TODAY, and that's what matters since he sold anyway, it is done, no one can take it away from him. If he'd hoarded like a greedy little kike, as per your advice, waiting for 10k or 20k maybe he wouldn't have been so lucky.

Sit on your assets, but know that sometime, someday you WILL have to sell.

>>129978563

>being this triggered

The market cap of cryptos is so fucking low that it can only grow.
Weak hands get punished by life - that is just how it is.

>all this speculation

What real goods can I buy with bitcoin?

>>129980523

Did you take your pills already, gramps?

>>129980523
i'll send you dick pics for a BTC

>>129945204
>About to outlaw
>It's literally a fucking bill introduced today
I understand making a mountain out of a molehill to try and snuff it out before it climbs too high, but Christ it was just introduced today.

>>129981364

still not a good thing. It justifies concern

>>129941467
Perfect time to buy some more before it hits $10k USD tbqh

>>129956422
One word: IOTA

gimme dem bitcoins

>>129981922

sent ;)

>>129981780
The senator who introduced it has a very bad record of getting things passed. I think he's 3 for 97 or something like that, but you're right it still does raise some concern

>>129980523
2 large pizzas

>>129941467
You're retarded. It was worth like $1000 a few months ago, it's still at ~$2500 today, it crashed a few percent today but it has "crashed" many times over the years and always rebounds higher than before.

Most are speculating Bitcoin will eventually reach $10,000+ and I'm inclined to believe that.

>>129982155

Thats kind of good to hear but I don't like when politicians talk about cryptos at all desu.

Crypto will certainly appear on the radar of the more important people the more it grows. Especially when bankers start to feel the missing fiat of yours to speculate with

>>129980523
>Buying with crypto currency

You don't, it's just a way to store money.

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>>129941467
Sam is gonna shit himself.
First the show gets cancelled and then this?

>>129959659
Memoirs of Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay


http://www.cmi-gold-silver.com/pdf/mackaych2451824518-8.pdf
Why do you think this is on so many investor book lists?
do you understand the phrase Popular Delusion?

>>129948322
ebay owns paypal you stupid motherfucker

>>129941467
Is this an attempt to manipulate the market?

>>129961593
100% guarantee that nobody can: but without using fucktarded language can anyone actually write out what's going on with this?
Because every faggot article has gone through a wordpress plugin that pulls in 11 wikipedia pages to pad out the advertising space
any autists with a brain that understand how to represent data axiomatically and semantically just shit out an overview on this?
Then can anyone else with a brain try and ascribe some motives to the differing ideas? are any of the people on the side of obfuscating stuff?

>>129972486
>finite coin supply means that coins will rise in value till all fiat is in BTC or cryptos in general.

Leading governments will never accept BTC as the crypto of choice considering the governments control so little of it. Plus it would make no sense that something once as speculative as BTC, where some kid might have bought 10,000 coins in 2011 for $50 is now a billionaire just cause. I mean that's what's currently happening, but governments wouldn't support or endorse that position.

If anything the crypto infrastructure is going to be implemented at a federal level with some kind of new program, BTC will become worthless overnight, and there'll be some new federally regulated crypto that kicks things off.

You are right that eventually our current system will switch to crypto, but not to BTC.

>>129982885

Not anymore. Try to keep up with the times.

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>>129941467
>flag
>contains leaf
opinion discarded

>>129983065

You do realize that there will be an era without central banks, don't you?

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How to use BTC:
1. Buy BTC on LBC.com
2. Immediately use BTC to buy 5g of a-PHP
3. Wait for a-PHP to arrive from Spain
4. Use a-PHP for a week straight
5. Attain Godhood

>>129974276
you cant even buy groceries with your "money" while I just bought some land and guess what is real since I can walk on it

>>129960527
Bitcoin always goes up because of how it's programmed to prevent inflation mate, the only problem is it may be real low for a very long time

i haven't invested in bitcoin, i speak as an outsider

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>>129941467

>>129983244
Maybe in hundreds of years, not in our life time, and no I don't realize it as a certainty.

Central banks represent the financial power of a country or government, it's not about the dollars and cents, its about the control and the power. I can't imagine a scenario where any influential government anywhere on Earth would desire to see central banks disappear.

>>129983372
the United Nations led by obama is going to declare martial law, seize your land, and put you in a fema camp. land is useless now. do you even pol?

>>129983669
you forgot the part where it crashed down to 2200 right now.

also use a log scale jesus christ

>>129983244
Till the states can make laws there would be central banks.

>>129983702
The citizens matter more than the government, if everybody moves on to crypto currency then they'll either follow or be replaced.

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>>129984023
>The citizens matter more than the government

>>129967406

Looks like it will settle at 500$

>>129983706
>United Nations
>Obama
is Santa Claus also coming for my land?

you fucked up since these memecoin bullshit started I bought land, a house and delivery trucks (my succesful bussiness) while you have imaginary money that cant buy shit

>>129983702
>>129983947

They had to cut the Internet off to prevent this.
If they do this they would fall.

There is literal no argument against a decentralized anonymous currency, the more people realize that, the more it will grow, and the stronger it will get.

>>129984227
Do you go around online bragging about your successful business to strangers?

>>129984367
>he does
>and the saddest part is it doesnt exist

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>>129984232
>They had to cut the Internet off to prevent this.
No they just need to prohibit possession and exchange of specific combination of bytes. They already did this successfully in the past.

>There is literal no argument against a decentralized anonymous currency
Issuing and controlling the money is the most profitable businesses ever. Obviously states want to have monopoly on that. And obviously having monopoly of violence they can have it.

>>129984199
Why do we have governmental bodies? So we can have someone to establish and regulate rules so that we can maintain a peaceful society, these rules being what a collective culture deems to be proficient for their way of life.

It's basically to keep obstructing deviation in line, to keep the peace. If the system doesn't serve the best interest of the people, then that system has no purpose. Even Kings were a part of this concept, and when they didn't do shit right then they lost their power. Because no matter how much they preach about Horus, Zeus or God dragging you down to the abyss for overthrowing the crown a shit leader was a shit leader and disbatched as such.

Therefore, if everybody wants to use crypto-currencey then a bunch of old jews who think they're on mount Olympus while everyone else is goy cattle are angry that their shitty system is no longer needed then tough tits.

Andrew Jackson killed the central bank once, it can be done again.

>>129945474
Still wont totally break the concept. IIRC there's ways around the quantum computer problem.

>>129959231

I think he means make a new coin. Like the sudden rush of ICOs.

>>129972868
this. when people are crying, i'm buying.

>>129941467
Lol nubcake. BTC is always this volatile. Look at the monthly timeframes nigger.

>>129985070
QRL

Is niggercoin still a thing?

>>129967404
Alex Jones said that years ago. It's time to move on frank, give it rest for a while bruh.

>>129984843

Spoken like a good goy

>>129974276
> Thinking your government is responsible for your economic status

>>129941467

Figure out an acceptable price point that you'd be willing to cash your chips out at, and make it a reasonable guess.

China manipulates all currency, including BitCoin. If the US govt. outlaws crypto currencies, which I honestly think it will, then this will reduce its intrinsic value.

There will still be countries that will trade BitCoin for currency, but that won't last indefinitely.

tl;dr figure out when you want to bail on crypto currency, then bail & don't look back.

Forget about bit coin you stupid goyim. Trade currencies, its where the real money lies.

>>129944963
You do know literally EVERYONE can start their own crypto currency, right?

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>>129985575

biticoins? more like MEMEcoins lmao am i right?

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>>129985055
>Why do we have governmental bodies?
Because of the nature of the violence market.

> If the system doesn't serve the best interest of the people, then that system has no purpose.
Purpose of the system is maximizing its profits. It may come in hand with prosperity of the people but not always.

>>129986316

THIS.

Remember when you called the Internet (LOL) a stillbirth in the late 80s? Haha NERDS BTFO

>>129986147
this desu
Never understood the obsession with bitcoin, as if it wasn't just a fancy type of gold

>>129985761
Like a pessimistic realist.

>>129986316
>MEMEcoins
http://coinwik.org/MemeCoin
>kek it actually exists

>>129986576
>as if it wasn't just a fancy type of gold
this is it exactly. coiners want to believe their money is safe and insulated while simultaneously growing in power and influence. It's a naivety

>>129985070

Just means the hashrate goes up substantially. Like the first people using asics were making 8 million per minute month.

Bitcoin is gonna be 50k in 2 yrs. US cant touch it.

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>>129941467
>sell everything so i can buy more at a cheaper price
Get out of here Goldstein