What does /pol/ think of Bitcoin. Can it BTFO the Bank Jew?

>>135139391
i own 2 of them AMA

No one wants any of that crypto shekel bullshit.

>>135139391
Thank God for Bitcoin. Otherwise, getting gear to be big and ripped would be impossible. Also, Thai pharmacies.

>>135139534
Literally the opposite.

It's a way of escaping the bank system and taxations

>>135139391
Something that "nobody" (((controls))) is gonna tear down the jew bank?

How is it that bitcoin which supposedly has no creator is recognised by many? At least today we know we have to burn down the central banks. What happens if samething happens with bitcoin? Who are you going to burn?

It won't out Jew the Jew. The Jew will buy all the bitcoins and play politics with the BTC community until BTC is theirs.

I lost $40 when alphabay went down :(

>>135139541
elaborate

>>135139391
>the bank jew

you mean *THE* jew.

>>135139391
I'm all for it, but it will be regulated. You live in the real world, not cyberspace. You can't eat bitcoins. The gov will simple put themselves between the two.

Maybe, but let's focus on stopping the Jews first:
>>135134213
>>135130715

>>135139534
It's valuable as fuck desu

>>135139391
>>135139391
>>135139391

Anyone that isn't buying crypto is a cucked faggot with an IQ less than 80.

It will change the world and is changing the world already. Crypto will be what divides the broke weak faggot males from the rich alphas that will reproduce with women all over the world. The dumb fuck socialist faggots will finally not be able to take hard earned money from people.

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>>135139391
Bitcoin isn't as important as this

>>135139391
>What does /pol/ think of Bitcoin.
Good concept, but has problems that will need to be resolved if it will ever have widespread acceptance. Ultimately, it's currently structured as more of a (((Ponzi scheme))) than a currency.

>Can it BTFO the Bank Jew?
Not until it's not as easy to hack and steal (delegitimizes it as an investment).

>>135139839
>>135139839
>>135139839

Not true, it's p2p. It would be as draconian as the government trying to put themselves between a barter trade that you make with a friend. It would need to be extremely draconian, in that case it would be time to move to a different country that isn't a faggot.

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>>135139391
My red flags went up after realizing one of the main proponents behind it is a massive child pedo grooming gang member

https://en.wikipedia.org/wiki/Brock_Pierce

>>135139661
Bitcoin is not a central bank.
What the fuck

Bitcoin is a coin. You just do trades with it.
Bitcoin will be relevant when it stops being a speculative thing to be bought and sold to gain more (((money))) and starts being what it was meant, to be used to buy and sell STUFF.

>>135140022
>IQ less than 80.
>Not buying into something that's currently structured as a Ponzi scheme

Pick one

>>135140022
>p-please buy my premined meme coins, tendies are expensive

>>135139391
>Can it BTFO the Bank Jew?
no

>>135140022

Lol no.

As long as there are nation states there will be fiat currency, and crypto currencies will mever surpass fiat in usage.

The conditions in which crypto currencies actually become useful satisfy either post-scarcity or post-apocaylptic, in both cases currency is useless anyway.

>>135140127
>>135140127
>>135140127

Bitcoin is already extremely useful, 100% not a ponzi scheme.

It's not easy to hack and steal it at all. If you keep your own private keys and not on an exchange, someone would literally need to torture the money out of your head.

>>135140253

Please explain how it's a ponzi scheme when I know companies all around the world building on top of it as a protocol. There are applications using the network and the users don't even know they are using the bitcoin network. You can literally email money. When segwit+lightning is developed it will connect literally every resource in the world that can be fingerprinted with a hash.

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Yes. Government fiat currency is inherently inflationary and depreciates because central banks use QE to finance projects at non-market interest fees. This leads to bubbles because the market is being fed wrong signals (bad investments are being made in projects that shouldn't exist and money if being given out to incompetent people who'll go bankrupt later) so we are led to believe wealth is being created. Then after some time the bubble bursts and we enter depressions.

Cryptocurrencies like bitcoin are deflationary because the code already has a built in mechanism that ensures no more than X number of coins will ever be in existence. And governments can't control it because it is decentralized and peer to peer.

Bitcoin and crypto is literally the second coming of capitalist Jesus Christ, that is the GOLD STANDARD. That's why (((central banks))) are freaking out, the goyim now have access to a money that cannot be controlled by them and doesn't rob people of their savings over time.

Bitcoin is the biggest fuck you to the kikes since the days of God knows what.

We're reaching the point where technology and P2P saves us from government control. When Bitcoin and the likes start gaining widespread influence after the state's (((fiat currency))) starts bursting it will be rendered defenseless. Unless they literally try to shut down the Internet, cryptocurrencies will be impossible to regulate or centralize. The states are pushing for eliminating physical cash, so we are enslaved to inflationary imaginary money. But now we have bitcoin to make digital scarcity a thing and prevent this from happening. Bitcoin will be the new gold.

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>>135139661
>bitcoin
>having a central bank
Literally the dumbest post have seen on 4chan for the 8 years being here.

Take two seconds to look up what bitcoin is before posting again.

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>>135139391

>>135140309
>>135140309
>>135140309

People are using it more and more every day, wtf are you talking about. It's quite literally the most efficient way to send funds on the planet at the moment. Copy/paste address, send, done, converted and deposited into receivers bank account within 20 minutes. In 6 months it will be instant, like sending a text message.

>>135140309

I'm not saying it takes over in 1 night. There will be a transition and crypto will most definitely replace fiat in the next 100 years or so.

>>135140022
>hodl
>please won't everyone just hodl
Nice try /biz/fag.

>>135140226
>Bitcoin will be relevant when it stops being a speculative thing to be bought and sold to gain more (((money))) and starts being what it was meant, to be used to buy and sell STUFF.

Value of BTC would have to hold more stable to gain widespread acceptance-- merchants of legal goods are less willing to accept BTC because of volatility. Security of funds within their own networks and in exchanges is also an issue that needs to be addressed.

Running a business is already full of enough risks as is. Most business owners simply don't want the security or valuation of their incoming cash flow to be another couple of risks right now. Maybe that will change in the future; who knows? Like you said, it's all speculation at this point.

>>135140628
>>135140226
IQ <80

Did I say bitcoin has central bank? You can't even comprehend a sentence, let alone understanding economy.

Bitcoin does not have any intrinsic value. Try to use your brain, fucking ape.

>>135140886
>>135140886
>>135140886

I work in the industry and I'm already loaded. 4chan is where i first got into crypto back in 2012 so I sometimes feel I owe it to you "guys" to spread the message so that there are more of you that are loaded with me and not a bunch of hipster faggots. I hodl a bunch of cryptos at the moment but im 70% btc which is about standard for anyone that has a bunch.

Bitcoin has become a goldman sachs pump and dump scheme.

>>135140960

It's value is that it's useful dipshit. Everything has value, even dirt if it is in large enough quantity+marketing+delivery.

>>135141144
This. Unregulated exchanges lead to people with the most money manipulating the market. Look at the Ethereum flash crash when an investment firm sold 6M.

>>135140960
>bitcoin has no value
>uses fiat dollars the FED can duplicate infinitely

whoa!

>>135140910

You are missing the main point which is that crypto will eat away at the shit tier countries first and then move up the ranks from there. I'd be happy to explain what's going on if you are actually interested.

if bitcoin ever comes anywhere close to destroying the Bank Jew, it will become outlawed.

>>135139647
money without a banking system is worthless and "escaping" taxation just makes you a criminal.

Its only good if you live in the 3rd world. Modern countries will fuck you up if you ever try to cash out or use it to buy something useful.

>>135141338

Buyer beware and don't keep your funds on an exchange like a moron, it's not that hard.

>>135139391
>Can it BTFO the Bank Jew?
??????????????????????

are you people here completely hopeless?

>>135141430
IMB & WB already working with IMB & Linux Foundation to create their own blockchain coin for their own use

>>135141430

If a country becomes draconian against crypto I will just take as much of my family+as many friends that I can and leave.

>>135141457
The point is once hedge funds decide to exit the crypto market bitcoin will go back to $10/btc or less because it is useless as a currency other than for money laundering.

>>135139391
The "money" with the volatility of rouble circa 1998 can't GTFO the jew. If anything, it actually profits the jews at the video card industry,

>>135141620
>>135141620
>>135141620

I finished touring 10 different countries and there are literally 1000's of startups building market disrupting business models on top of the bitcoin/crypto networks. You are too stuck in your ways, you are doomed to be poor and possibly not reproduce. Remember this conversation when you want to kill yourself in 20 years.

>>135139391

Can I buy a halal snack pack with it?

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>>135140960
You implied that it is centralized, something that can be burned down or controlled. It can't be, because everyone who uses it has equal say in the legitimacy of transactions. That's the entire point of a block chain.

>Bitcoin does not have any intrinsic value.
Nothing has intrinsic value. Gold and silver doesn't have intrinsic value, and fiat certainly doesn't have any. We think that precious metals have value because they are rare and it takes labor to acquire it. Bitcoin takes "labor" to mine, not by humans but by computational power. Bitcoin is better than fiat for the same reason the gold standard is; it can't be fucking copy and pasted at the whim of some jew.

Again, take two seconds to look up the information before you make a fool of yourself once more.

>>135140597
That's all well and good, but you're letting the technology blind you to the fact that one person (or group of people) owns 980,000 BTC and created it to begin with.

The definition of a Ponzi scheme is "a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors". The way the currency supply was structured in the first place was to increase value for early investors (and the creator[s], who have 980,000 BTC). The block reward halving ensured that as long as BTC stayed relevant, its value would inherently increase. The creator(s) and early investors benefit the most from this-- exactly what happens in Ponzi schemes.

Despite the fact that Bitcoin is and continues to be a big technological advancement, it's still a Ponzi scheme. That's not to say that people haven't get rich off of Ponzi schemes, but people are eventually going to be fucked and I don't plan on being one of them, so I never hold any BTC long term.

>>135139391
Also,

>tfw, as a kid, we used leaves and fancy stones as money when played mercs.

>tfw now 20-somethings unironically use the same shit as actual money.

I own a bit but not a ton. Diversity yo bonds nigger.

Also anyone who has some or is thinking about investing, get your shit in a private wallet before august 1st, some of you guys are ok.

what do anons think about investing in bitcoin right now or in the near future?

>>135141937
>Gold and silver doesn't have intrinsic value
nigga wat

>>135139391
Bitcoin and virtual currencies are pushed by the jews.
Gold + Jewels = Only real currency.

>>135141620
>>135141620
>>135141620

You people cannot be saved. I'm literally here spreading information that might as well be from the future so that you can have insane amounts of money and do whatever floats your boat in life but instead you just assume shit you don't know. I'm close to giving up.

>>135141440
>money without a banking system is worthless
good goy !
>"escaping" taxation just makes you a criminal.
no it makes you a smart investor, also this can be true in canada, but not in brazil we pay the highest taxes in the world still our healthcare is shit, there is no security in the streets and the streets are full of holes. so, taxation is theft (with the ammount of money stolen from government every year we could double the ammount the government spend with healthcare here its literally 80 billion reais(close to 30 billions USD) ).

>>135142250
I'm all ears

Bitcoin is favourite amongst heroin dealers and child porn dealers.

It is the currency of low lifes

>>135141394

No, I completely understand that would be the macro effect if it ever became widespread-- that's also why the Chinese are pushing ANS.

>>135142014
>>135142014
>>135142014

What the fuck are you talking about. Show me a ponzi scheme that does something no other business can do and I'll show you that it's actually a legit business!

Please tell me another way that I can email money to someone in almost any country in the world for 50cents.

If you show me that business or network I will invest in them immediately.

>>135142118
It's the state of the mind of bitcoinfags. Look at their rhetorics, it's literally similar to the one MMM-fags used to gather the cattle.

"Hurr durr, currency of future" "hurr durr we all get rich/free from the banking jew".

>>135142146
You can't spend gold and jewels in hell.

>>135142400
you dont have that data. also : thats not true, they obviously prefer USD, who wouldnt ?

>>135139391
It will be Co-opted by the jew and used against us!

gommies will be butthurt because the bitcoin is descentralized and smart contracts will make most of the state useless. so fuck off gommie you are done.

>>135142439
>Please tell me another way that I can email money to someone in almost any country in the world for 50cents.
>If you show me that business or network I will invest in them immediately.

You should look to invest in Venmo, then, I guess. As of now, they make their only revenue on the 3% charge for using a credit card. They may have some sort of endgame, but, as of now, they're a pretty good service for their customers.

>>135142437
>>135142437
>>135142437

It's going to eat from the bottom up. For example:

Let's say that bitcoin is hypothetically in nearly dead last out of all world currencies with regards to "volatility". Well that means that it's still a better currency than say the currency in Venezula (which it is). As it starts to gain marketcap in these shit countries it's volatility naturally decreases (this is a basic economic rule). As it gains cap and volatility decreases it is ready to take on the next "country".

It will continue to climb this ladder until it's ready to take on the first world countries in europe and north america etc etc.

Get Ready.

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>Antshares, Ardor, Augur, Bytecoin, Civic,
>Cloak, Dash, Digibyte, Dogecoin,

>EtherumClassic, Factom, FUN, Golem,
>humaniq, lisk, Litecoin, Monero, NEM, Nxt,

>Maidsafecoin, Peercoin, Populous, Ripple,
>Skincoin , Siacoin, Steem, Stellar, Stratis,

>Tezos, Waves, Zcash

What do you notice about all these names? That they're fucking stupid and imbecilic? Actually, these are all names of internet number-generating programs purporting to be """""money""""". How the fuck can it be money? Intangibles always need to be backed by reserves of some sort, whether it is cash in the bank or shiny gold bars. I understand that bitcoin has a finite amount of possible bitcoins that can be generated, but Bitcoin has no actual benefit in terms of functionality over any of the other cunting coins. Bitcoin is THEREFORE another fiat currency, bitcoin is a FUNGIBLE commodity with other coins. With the press of a couple keys, you create a new coin with the exact same blockchain backing it as a bitcoin. What makes a Bitcoin more valuable than a Litecoin or a doge coin? Well it was here before litecoin, and dogecoin has a ridiculous name! That brings to me back to an age-old question, would a Bitcoin by any other name have been adopted so readily? If bitcoin was douchecoin it never would have been viable, even if it was the same blockchain code. Bitcoin sounds cool, it sounds like something you could imagine Neo from the Matrix saying. Fuck

tl;dr, too many nerds are rich now because of a fucking name and the fact it was here first.

>>135142118
It doesn't. Water and food has more "intrinsic" value than gold and silver because you actually need it. Precious metals are only valuable because they are rare; if it is no longer rare it is no longer valuable. Same applies to everything. Textiles and salt used to be for the rich only, now the average person has 30 shirts and salt on their tables. Of course a leaf and a socialist wouldn't know shit about the economy.

>>135142372
Buy ANS and ETH if you get into crypto. BTC's potential returns have diminished over the past couple years and you may as well get a bigger reward if you're willing to take the risk.

>>135142482
Actually you can. As long as those material objects are tied to the ego and have 'worth" they still carry it over into hell. Now, the problem is transporting them over there safely and proving they're "yours" so you can legally trade them for services is kinda hard especially for newfags.

>>135142886
Also for (You)
>>135142481

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>>135139391
World government (multipolar or unipolar) + World currency (crypto currencies) +
World religion (New age) + Subcutaneous chip =
NWO = economic, religious, and social slavery.
Bitcoin was part of the plan from the beginning goy.
Everything is going according to plan although they do not believe it.

>>135142886
>you actually need it
Try making any of our current electronics & computer circuits without silver & gold....

Never go full retard, lad

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>>135142813
there where people mining bitcoin in venezuela, since energy there is cheap as fuck. the police started closing the mining farms, but the ammount of bitocoin produced there didnt stop growing, so everyone now believes the government might be mining bitcoins so my suspicion is this :
Gommies are capitalists in their harts.

https://coinmarketcap.com/all/views/all/

Look at all these fucking things. You guys are all investing in neopets or Habbo Hotel money.

>daily reminder that bitcoin's creator called litecoin a ponzi scheme

>>135142764
>>135142764
>>135142764

LMAOOOOO 3%!!!!

Also there are 3 billion unbanked people in the world that this is not possible for. In addtion to the fact that Venmo is convenient when doing transfers inside countries moron, not for sending 50k to Japan. Sure you are going to say "who sends 50k to Japan?" It's called business, something you know very little about and something you obviously don't engage in. Also, I know the Andrew from Venmo and he loves bitcoin/crypto as well.

>>135141457
It doesn't matter where you keep it, they're manipulating its VALUE.

>>135143018
Exactly. The idea is to microchip the weak so they work for free while thinking they're rich or becoming so by working while all they get is numbers which is even more demeaning than those bank notes people use these days. I wonder what happened to the good old days when people used to pay for stuff with gold,silver and copper coins?

>>135142994

Supply and demand governs all things, what's your point?

Bitcoin has no intrinsic value, it's merely a unit of exchange that heroin cartels and arms dealers agree has value in getting NEET lolbertarians to wash their money.

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>>135139391
Yes, that's what it was designed for and why bank jews hate it.

http://www.dfs.ny.gov/legal/regulations/adoptions/dfsp200t.pdf

>>135143283
>>135143283
>>135143283

I don't care. There is increasing demand which outpaces the supply. This isn't rocket science.

>>135139391
It's literally so easy to short that drop out retards can do it. Become the jews yourself.

Long term? Nah.

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>>135139534
Nice try jew

>>135143345
>Kekistani
We know it's you reddit.

>>135142813
It's very unlikely that they'll trade one volatile currency for another volatile currency; they can just buy USD

>>135142046
>Diversity yo bonds nigger.
Don't buy bonds right now. The bond market is absolutely fucked for a number of reasons.

Options and crypto are the play for a short timeframe; stocks and the VIX are the plays for intermediate timeframe; untaxable retirement accounts (Roth IRA, etc.) are the play for the long time frame.

>>135143290
> I wonder what happened to the good old days when people used to pay for stuff with gold,silver and copper coins?
>checks flag
Well I guess this confusion makes sense, given that your people missed a half century of economic history.

>>135143416

I can have some friends at openzepplin draw up a smart contract for you to short againt my btc/ether, let's do it.

>>135143444
>I'll call them a jew that should hide my own jewishness
It's not working Schlomo

>>135143481
>>135143481
>>135143481

Wrong, they are using bitcoin more and more as we speak/type.

>>135143533
ETH is even easier, LOL

>>135143063
Again, if it is no longer rare, it is no longer valuable. People need clothes, but the material itself isn't necessarily "valuable". Lets say in the next 20 years we start mining asteroids to get platinum. The average asteroid has quintillion dollars of platinum. Platinum wouldn't be rare, therefore it wouldn't be valuable. Note that platinum is required in electronics as well.

>>135143327
Leafs are too retarded to understand.

>>135143329
Read
>>135142886

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>>135139391
Buttcoin is a Jewish trick. The plan is to get the whole world using it, and then it's game over. The Jews own everything. A lone Japanese cryptographer putting out one of the strongest and most resilient crypto-currencies doesn't look right at all, and nobody knows anything about the guy. He probably doesn't exist. Do not use Bitcoin. Any short term gains will be overshadowed by what will come in the future. Don't be a fool.

Invest in silver. Pay no more than $20 an ounce for it. Gold is too expensive right now.

>>135140022
It's a trick. I'm telling you guys and you won't fucking listen to me.

>>135139534
*No (((one))) wants any of that crypto shekel bullshit.

>>135143651

How sure are you it's going to go down, what percentage is your certainty?

>>135143674
OK you kike

>>135143199

>Risking an uninsured overseas transfer of 50k
>Smart business

Pick one

>>135143653
>Again, if it is no longer rare, it is no longer valuable.
When gold stops being rare, then it'll won't have inherent value... I guess we'll just have to wait until then

(hint: there is less than 1 ounce of gold per human on earth)

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>>135143762
I'm not the one who wants a global currency.

>>135143762
How much do they pay you to shill for crypto-currencies? I need to make a quick buck

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>>135141177
>It's value is that it's useful dipshit
We have those already.

>>135140022
let's assume the entire 1st world ran on BTC. The btc would have to be converted, say at an atm machine, for use in non-1st world countries. THAT is where they tax you.

>>135139391
its hardly even money at this point

>>135143674

If you have seen what I have seen you would know it's not a trick.

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>>135143965
Do enlighten us.

>>135143411
Someone is gonna be left holding the bag when investment firms are legally performing market manipulation. If a single transaction can tank ethereum temporarily imagine what a couple big firms could do when they decide to cash out.

>>135143444
>>135143560
You're all jews. nigger jews

>>135140376
ita also not easy to spend

>>135144016
This. It's a pyramid scheme

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>>135139391
buy low sell high -- when an 'expert' says a specific coin is going to crash dont look just @ that coin, look @ at least the top10 more carefully than u would otherwise
lol.... :x

>https://coinmarketcap.com/
>https://www.kraken.com/
>https://bittrex.com/
>https://www.tradesatoshi.com/
etc..

>>135144031
>knowing what has or doesn't have worth automatically makes you a jew
Schlomo please, you're making me blush

>>135139391
good idea but terrible implementation imo. Ethereum is better in almost everyway.

>>135143925

Try emailing that to someone on the other side of the planet for 50cents, tell me how that goes.

Also, currency is just the beginning. Everything that is data related will be hashed for 100% authenticity on the blockchain. All locked resources with unknown authenticity/value will now be interconnected on the internet of value which blockchain will be the base of. Everything will have a unique fingerprint and be hashed in the digital universe.

>>135139534
Fuck off retard

>>135143798
It still, by definition, doesn't have intrinsic value. Intrinsic: Value is set; inherent
Extrinsic: Value can be disputed and changes

Read a fucking book, maple-nigger.

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>>135143290
You know.Probably will sacrifice some public (((personalities))) to give the show more credibility.
They are believed to have won.

>>135143609
>>135143609
>>135143609

Latin America has long had a cultural preference for using cash, which MercadoLibre was able to incorporate into their business model, and that should insulate them from Amazon.

That aside, good luck with your Bitcoin, man. With my background in finance, I strongly believe that ETH and ANS have more upside than BTC in terms of potential for returns, and I'd advise you to use caution staying in BTC for the long term, but I'm not going to waste my time explaining things to someone who isn't going to listen.

Honestly though, good luck

Everything that is happening in this world is happening because the (((banks))) want it to happen or allow it to happen until they feel the need to take action.

>>135144016

I've been in since 2012 so I don't really care what "manipulation" you "think" they are doing. Which they aren't, I work with hedge funds.

>>135144071

There are applications that utilize the network in such a way that people don't even realize they are sending bitcoin. The user sends money from A to B but whats really happening is that they are BuyingBTC>Sending>AutoSell@B>DirectDepositFiat>Fiat in bank account of B

>>135140628
That moron just explained why it works and yet calls it bullshit

KEK

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BTC is shit.
1-
>1 BTC=2500 USD
>1 USD=0.86 EURO
>hurrr muh BTC is two thousand times more valuable than the most valuable currencies of the world
Don't kid yourself.
It can never have more value than 0.1 dollar and I'm being generous here.
2-
>Hello Mr. McCain
>Here is a new currency, its great, its non-inflat-
>How do I tax it?
>Well that is a bit problematic, you see-
>SHUT.IT.DOWN

>>135144445
Pretty much. The moment the (((banks))) started to lose influence to some new currency they would immediately either shut it down or commandeer it if they haven't started it themselves.

Precious metals like silver & gold are commonly accepted to have inherent value, by any basic researcher or economist - Had you studied anything besides what crackpot shit you read on the internet, you might know this

>Gold has intrinsic value on account of a compound process: 1) All value is subjective when “value” initiates – always; 2) Humans assign subjective value to gold; 3) In order to get gold, it takes commodity consumption (energy), physical capital (machines) and considerable human labor before the age of modern mining, all of which has intrinsic value; 4) As a scarce commodity first, which has the assignment of subjective value by human culture, the very process of obtaining the stuff “imports” and places into the physical good intrinsic value via #3 and #4. The conventional wisdom about gold not having intrinsic value is wrong because the idea is built upon a bogus logic train.

>>135141605
>If a country becomes draconian against crypto I will just take as much of my family+as many friends that I can and leave.
Turkey is.
Should I run?

>>135144403
>>135144403
>>135144403

Read this, http://www.drivechain.info/

You know nothing.

Also, I mentioned above that I'm 70% btc so I really don't care what happens. If you think I don't have ETH and a shit load of other cryptos you're mistaken.

>>135144209
>Try emailing that to someone on the other side of the planet for 50cents
I can do that for free with my bank.
>Also, currency is just the beginning. Everything that is data related will be hashed for 100% authenticity on the blockchain. All locked resources with unknown authenticity/value will now be interconnected on the internet of value which blockchain will be the base of. Everything will have a unique fingerprint and be hashed in the digital universe.
So now you have a digital dollar, t-thanks.

>>135144461
Its an unregulated market, you can legally pull off a pump and dump scheme. You think (((they))) haven't figured this out?

>>135144649

Yes, immediately.

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>>135139661
Dude, I don't wanna insult your intelligence or lack thereof but... There's so many things wrong with your statement, where do I begin?

>Something that "nobody" (((controls))) is gonna tear down the jew bank?
Yes because, simply put. The jew bank doesn't/can't control it.

>How is it that bitcoin which supposedly has no creator is recognised by many?
This make me KEK hard.. Think about what you wrote.. Has no creator.. Are U serious? No creator, really? Of course it has a creator, someone had to create it. No-one knows who he/she is.. That's like if you were abandoned at birth, doesn't mean you don't have a mother just because you don't know who she is.

>At least today we know we have to burn down the central banks. What happens if samething happens with bitcoin? Who are you going to burn?
I'm literally speechless at how dumb this one sounds. Nobody controls it so who are you going to burn. You can go round and round with this one forever.. You mean like fraud? Can't happen because no humans are involved, it's all software which is open source, which means it's open to inspection by the public (those of us who can read code that is.) if there was anything funny going on under the hood, we would know.

I suggest you learn more about it before posting something this brain dead. You are only making yourself look like a moron. The basic concepts are really pretty easy to understand, and that's all you really need to know.

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>>135139391

no, trust me

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>>135139391
Gotta get on board with Ardor. still pretty cheap rn and has great potential with some impressive tech behind it. definitely get some Bitcoin and Ethereum but if you are trying to diversify i would definitely look into ardor

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>>135144749
>The jew bank doesn't/can't control it.
Stop right here.
Provide your evidence for their lack of control.

>>135144677

Tell that to someone in Mexico or South America.

Most people pay wire fees.

No, all data will be hashed, accounted for and be traded on marketplaces similar to Ebay but for big data analytics, AI, machine learning etc etc.

>>135139391
Probably not, since (((they))) control fiat currencies and the military. They could
>buy massive computing resources to overwhelm and control the Bitcoin network
>pump and deflate the price of Bitcoin so it remains volatile and unattractive to businesses
>make Bitcoin illegal and use the police/military to imprison, fine or kill users of Bitcoin

Aint that the drug buying coin

>>135144461
sure its not bad for large transfers over the net.
for buying a 2 dollar burger at mcdonalds? cant do it

>>135144628
Let me guess, you are going to argue that dirt has "intrinsic value" because it takes energy to dig.

>>135144854
Block chains. Don't know what that is? You don't have any real say in this matter and you should look up what is before speaking again.

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>>135144701
And go where?
>inb4 a fucking burger advocates immigration

>>135139391
umm
related
>>135127680

ponzi scheme only useful for buying drugs and extracting money from retards

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>>135144749
The problem is that it's too good to be true. The creator stayed with the project for like a year and then just disappeared off the face of the Earth. Whoever this is has hundreds of billions of dollars now. And don't give me that bullshit about how it's protected by "muh mathematics n shiet". You're obviously not old enough to remember the SHAppening.

Fucking redditors, I swear you have literal shit for brains.

>>135145009
>implying china isn't already fucking with it

>>135144677
crypto transfer fees are flat usually, banks take %

>>135145161

Literally any other country other than Turkey.

>>135145110

Lightning will solve this.

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>>135145156
>look up my evidence that i should be providing
So you can't prove anything? Damn. Why did you even come here?

>>135144663

I will read this when I'm done with clients.

ANS and ETH have more room to grow. Do the math on buying 1 ANS or 1 ETH vs. 1 BTC and the price per coin rising $100 and compare the percentages. They will inherently get you more profit because they have more room to grow.

Again, good luck, I hope you get rich, but it probably won't be BTC that gets you there.

>>135145104
That is a possible use for it but far from the only thing it can be used for

>>135145394
"can" being the operative word there

>>135145378

I'm already rich, I've been in bitcoin since 2012 and work in the industry as a VC currently (hence the startup trip). No, I will not give any more info since I am aware of the things 4chan is capable of.

>>135145295
>lightning
not holding my breath for it

>>135145562

Holding it for 1 year would be a long time yes.

>>135145361
>wah wah spoonfeed me
If you don't know arguably the most crucial thing that differentiates cryto and fiat, you don't have any real voice on the matter.

https://www.youtube.com/watch?v=bBC-nXj3Ng4

Here you go.

>>135139391
it's a bubble, and it will get destroyed by government regulations slowly.

sell it while it's above 2k

>>135145652
>1yr
citation?

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>>135139391
buy niggers instead

>>135145731

My intimate knowledge of the developers behind it as well as my relationship with the miners regarding the segwit/scaling mess.

>>135145731

But to your point, yes it is just an educated guess at the moment.

Also fuck the mining dorks making 1070s fucking expensive as shit

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>>135145697
>my evidence is an animated/drawn demonstration video on YouTube with 0 evidence what so ever.

ITT: faggots who love (((bankers))) and tax, keep beliving good goys. Crypto is a slap in the face against the jew based bankers.

>>135145978

Do you have downs?

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>>135139391
Buy Bitbeans

>>135145994
>if you don't support (((cryptocurrency))) you are actually supporting the (((banks)))
ITT retards

>>135145846
whats your opinion on bcc? will it take off or flop?
does it even matter?

>>135146108
Downies don't live that long. Please learn about a disease before insulting someone so you'll make less a fool of yourself.

>>135145994
It's a pyramid scheme, my dude.

Can any of you faggot nazi larpers ITT name a single jew that is involved with Bitcoin ?

>>135146149
>buy this buy that I swear I'm not making a commercial for (((them)))!

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>>135139391
If it is currency, and a form of banking MAY be employed, then the Jews are already 99 steps in front of you and I

>>135146197
Good goy

>>135139534
WTF?
How do you expect me to buy my illegal shit from the internet?
Could call some cunt from Norway to buy me them prepaid visas but thats too much effort.

>>135139391
a fucking ponzi.

>>135146322

Ok, so you're a 13 year old with downs.

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>>135146408
Welp. What should we do then? Obviously there are no currencies without jew influence and non will exist.
Maybe bartering and trading shit will remedy this?
nah maybe the jews will get to it too

>>135145978
>i'm scared i might be proven wrong by this article/video, so i'm not going to read/watch it and instead insult what it looks like: the post
Then you can fuck off.

>Downies don't live that long.
The average life span of a downs person is 60 years.

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>>135139697
>The Jew will buy all the bitcoins
They can't afford it. Think about it... The more they buy, the more the price goes up until eventually the price gets so high they can no loner afford to buy anymore and making all the other people who own bitcoin fantastically wealthy in the process. I honestly wish they would try this strategy, I could use the money.

No, the jews have finally been out jewed, and that's why they are passing (((laws))) against it and spreading misinformation through the (((media)))

http://www.dfs.ny.gov/legal/regulations/adoptions/dfsp200t.pdf

http://www.newsbtc.com/2014/07/17/bitcoin-companies-react-nydfs-regulation-proposal/
(((Ben Lawsky))) the jew of bitcoin haters

https://www.reddit.com/r/Bitcoin/comments/3iujbh/how_to_buy_bitcoin_anonymously_in_nyc_now_that/

>>135139792
He is a steroid junkie

>>135146651
I would've told you to better your english so you better understand people when they point out your mistakes but I nearly forgot your country doesn't have an official language.

>>135146699
Guess how old I am.

>>135140772

Sounds like an easy way to get scammed since there's no regulation or protection.

>>135146408
>>135146669
>banks
>crytocurrency
Again, and again. I am proved every time that nocoin shills have no clue about the subject matter.

>>135146972
15.

>>135145295
>Literally any other country other than Turkey.
Now you spooked me burger. Any specific reason? If you mean the eventual war, I'm not scared of serving in frontlines.
If anything else, I'd like a more concrete "tip".

>>135147080
>He can't even read or do math.
And what you're supposed to tell me and everyone which type of currency is better?

>>135147163
Come here if you're gonna be such a crypto-dork faggot.

>>135139391
Do we know who created bitcoin? I would hesitate to put too much into it. If a vulnerability is found in the protocol the value will likely crash.

Something like gold is going to be more stable if you are hoping to weather a crash.

Only put money into crypto currency if you aren't afraid to loose it.

>>135147356
Silver is better to buy right now. Gold prices are way too high.

>>135147262
Nigger, I literally gave you a video as a source, and that video has even more sources under it.

>>135145246
Those Damn chinese jews

>>135139391
No because the market has even less confidence than fiat currency. Every FBI bust on the black market or change in the algorithms cause the price to crash. Also China has enough investment in Etherium and Bitcoin to manipulate the currency.

>>135139391
What I think of bit coin:

Was a good idea at first.

But it's basically ran by the Chinese Communist Party now. And China's economy is gonna collapse eventually, that's why all the rich Chinese are getting the fuck out of China and moving to Australia Canada and America.

Bit coin is a meme at this point.

>>135147344
I don't speak the language though.
I also hear you guys don't like us at all.
>crypto-dork
What the fuck does that even mean?

>>135140772
>. It's quite literally the most efficient way to send funds on the planet
>What is a wire transfer?

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YOU SHOULD ALL BE INVESTING IN KRUGERRAND!

>>135139391
pre sure that was the goal all along

I literally quit my construction job to day trade BTC derivatives all I aim for is 1% gains a day which is about £100 GBP a day at my current fund amount. I use low leverage (up to 5x) and low starting fund exposure (7%) with stop losses and sometimes my stops get called but overall I have reached my targets. Pretty much never been so comfy and when this starts to compound then things will be going great for me. I got into it from 4chan and I bought my first BTC at about 180 USD at the top of the early 2013 bubble. I carried on buying basically staying at home with my mum simply so I had more surplus to pour into BTC, I ended up buying every payday I bought the tops and the bottoms I didn't care about the price then I simply wanted to make up savings and ride the wave of the next bubble which has happened now. Not only have I maintained my targets since the start of the year I've also seen appreciation of my BTC that is incredible, I am up over 600% since the start of the year. Is it to late to jump in? Absolutely not there will be more buying opportunities and I feel like even if you buy now at today's amounts you can 2x. https://www.youtube.com/watch?v=XbZ8zDpX2Mg

>>135142250
>so that you can have insane amounts of money
Hi Maddoff, how is prison?

>>135139541
i could still beat your ass desu fag

>>135144518
You can't shut down bitcoin, you can cripple it by making it difficult to spend but it's decentralized, the blockchain is everywhere on thousands of nodes at the same time, it's ubiquitous.
Also it has already been legalized in countries like Japan and Russia, the ones accepting it will have a financial edge on which that don't.

>It can never have more value than 0.1 dollar and I'm being generous here.
I know fascist can't into economy but you proved how low IQ you are.

>>135145009
>buy massive computing resources to overwhelm and control the Bitcoin network
China is already doing it, USA doing it too would actually be beneficial for the BTC because we would not be so dependant of chink miners.

>pump and deflate the price of Bitcoin so it remains volatile and unattractive to businesses
The cryptowhales are already doing it but the more the currency is adopted the harder it is to do that. Also it's relatively easy to track the people doing it with bitcoins (unlike for some currencies like Monero), bitcoin is only pseudonymous.

>make Bitcoin illegal and use the police/military to imprison, fine or kill users of Bitcoin
They would need to hire a shitton of policemen and build entire city prisons for that, I don't even speak about the luddite implications. Also they should move their ass because in 10 years it will be too late.

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>being rich in a currency that nobody uses

>>135144852
>another ponzi scheme promoter.

>>135139391
Bitcoin only has value due to it's usefulness in illegal activity. Everything else is speculative.

>>135144852
Back to your containment board >>>/biz/

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>>135150834
I don't think you understand it frog, it is a commodity that government cannot tax.
Do you really understand this?
I really want you to think about this.
I want you to think about this very hard.

For fucks sake, I want to crypto be something but you really are naive.
I ban coinbase. What happens now?
Also kraken, hittrex, localbtc, and every fucking cryto derivative.
I outlaw the possesson of electrum and similar software and btc.
Every place that accepts crypto is closed by governments.
I say ebil gommies and its done.
And what do I lose?
Where does the BTC goes after this?
> Japan and Russia
Yes, Axis is rising again.
This time we, Turkey, Iran and Russia and Far East.
And we gonna lose all the same.

>>135154607
Dude the gubment considerers virtual currency to be property. Any gains on value must pay a capital gains tax

>>135139768

> tfw me too

Where will you buy your shit now?

>>135139534
haha no coiner

What I don't get about bitcoin is, where does it get its value from?

If I deliver pizza, I am performing a service and I get paid based on the value of my service.

Whereas Bitcoin seems a bit like printing money without actually creating anything of value, albeit there is a finite amount of Bitcoin you can possibly create.

>>135155734
https://www.youtube.com/watch?v=bBC-nXj3Ng4

>>135155734
Illegal services and gambling use it due to the anonymity it provides.

>>135154773
You are talking about cashing out crypto to the fiat.
He is discussing about using it as currency. A storage for your hardwork and a mean to purchase.

>>135145161
aesthetic pic desu

>>135155734
fiat
use as a black market currency

you should ask why any of the altcoins have value though, i cant for the life of me figure out why any of the 100 altcoins arent worth 0

>>135156810
Speculation. People saw the success of BTC and ETH. They think they can find the "next big coin." That is why there is so much shilling on >>>/biz/. People believe them.

>>135156810
>>135156341
>>135156050

So pretty much its value exists only because people buy it because they think it might be worth something?

I definitely see a lot of shilling on /biz/. That board used to talk more general economics years ago. I do get the feeling that they are hyping crypto to get more people buying, and drive up prices for their own benefit.

>>135157317
Unless you can pay rent, buy groceries, and get a car with crypto, yes it is speculative in my opinion. They advocate trading shitcoins like they are stocks. Instead of owning a portion of a company, you are paying real money a virtual coin.

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>>135146770
mfw Jew butthurt

>>135139391
Bitcoin is fucking fantastic, it has the potential to take the power of the printing press from the kikes. Since the fractional reserve system is unsustainable and is going to result in a collapse of some kind, people will be scrambling for crypto.

>>135156810
>any of the 100 altcoins
You mean 996 altcoins.

>>135157317
the idea is sound. crypto is here to stay as a general concept. it will just get distilled into a few major coins eventually.
only god knows which ones though, and i suppose its worth dropping 10 bucks into some useless altcoins for .0001 cents each in case one of them makes it.
99% of coins are still jokes

>>135153961
Another kike

trumpcoin bestcoin 2017