HOW BURNED ARE THE BITCOIN FAGS BE?

>>135752723
I hear litecoin or Iconomi will moon

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>>135752811
Bitbean is where it's at.

BUY LUNAR BONDS NOW

LUNAR SURFACE AREA IS THE ONE THING THEY DON'T MAKE MORE OF.

You fucking idiots should buy bitcoin cash when it's low

Remember remember the events of October

>>135752723
I dunno man. I've been a crypto-skeptic for a while (and a little salty I didn't buy some a few years ago) but depending on how this fork goes I might actually buy some bitcoin. If the central banks hate it, it can't be all bad.

>>135752723
Stay poor faggot

>giving money for thin air
Good goys

>tfw I would be a multi millionaire right now if I wasn't chronically lazy and had just read the bitcoin thread on my poker board back in the day

>tfw need to buy bitcoin to get my steroids
Should I wait a week to let this smooth over? Which bitcoin should I buy? XBT or BCC? I don't know which ones sources will accept.

>>135752723
molymeme cashed out his $500,000 worth of bitcoin donations yesterday according to his bitcoin address

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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.

>>135753635
That's no different than depositing cash in a bank sct

>>135754328
Lol you sound so angry. It's free market, simple as that

>>135753635
Exchanging paper tokens created by government for digital tokens created by peer-to-peer network.
>only I know which token is superior

>>135754455
It's pasta m8

>>135754607
Ahh, should have realized.

>>135754328
Bitcoin is backed by electricity and computer resources you idiot

>>135754273
He probably moved it to a wallet that supported the split. Many did not.

>>135754038
Bitcoin Cash will not be accepted many places for quite a while.

>>135754328
says the no coiner!! you mad because you dont have any coins.

>>135753635
Learned from the best...now we do not need a printing press,ink or paper...think of all those saved sheckles

>>135754721
which might actually be a good approach in the future, but I think BC itself has been "poisoned" too much by the super-deflation to be used as a real currency any time soon.
Most people buying into it do so to get rich on speculation (or buy drugs), not because they see it as an alternative to their country's currency.

>>135753194
This is a central bank Trojan horse. They had to create a reason for people to desire cyrptocurrencies and they are giving it enough time to build this illusion of security. It will fail eventually if they have their way but the failure will be blamed on the events leading to ww3 and it will become the basis for the global casheless society that follows (if they get (((their))) way).

hopefully not too bad. I need muh cryptocoins to buy modafinil

TLDR? i know bitcoin hasnt crashed yet its actually going up. You're saying people should buy bitcoin cash or what?

>>135754328
you're bitching about something called first mover advantage

>>135754721
lol what. Just because you have to spend resources to gain it doesn't mean it's backed by it. The USD is backed by the economy.

>>135752723
bitcoin is a massive waste of electricity and computing power. Ethereum makes more sense.

>>135752992
Holy fuck how am I still running into bitbean fags outside of biz

>>135755104
Eh, maybe in the short run at least. New coins usually spike early on and then come back down, just dont get caught on the down side

>>135755281
>Ethereum makes more sense.
Eth is to complicated for normies to ever really start using. It has a place in the business world with smart contracts and shit, but probably not so much in day to day transactions

>>135752723
Morning lads, religious crypto margin trader here.

Getting burnt rn. I'm 100% out of BTC right now, waiting for the crash to take full effect. Inner against the market and it looks like I didn't make the right bet. If I make any money today it'll be the little amounts I put in Alts.

TLDR motherfucker

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>Falling for the cryptokike.

I thought you where better than this. /pol/

>>135755505
there wont be a crash, its going up

>>135755498
>"eth is too complicated for normies"
>uses 0.00321 to buy custom pregnant furry porn
Look up the top wallets, and look at the trade frequency and volume of those wallets. Literally jewish financial firms milking good goys for vapor "currency". It's just a wild west spec trading boner for jews.

>>135755629
Btc isn't crashing like everyone thought it would

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>tfw you know both forks will NULL every wallet and every single buttcoin will disappear into the ether

>>135755767
>It's just a wild west spec trading boner for jews
Kek maybe. But they've got far less control than over fiat currencies

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>>135752992

let's raid this faggot. He just banned me and another guy for saying niggers! Call him and spam the shit out of him

>>135755767

I love all these fucking cuckfaggots that have fallen head over heels and think bitcoin will be the savior of mankind from the bankers when (((they)) where the ones who probably invented it.

Quick question for all you faggots how many transactions can the bitcoind blackchain process per second anyone anyone

>Less than fucking 10.

Yah good luck with that taking off faggots. Bitcoin is about as worthless as the U.S. dollar.

>>135755767
Eth is the biggest jew coin of them all. You need to use a fairly large chunk of eth for "gas" in order to send it. That's fine i SUPPOSE, But it gets worse, even if you have enough eth in your wallet for gas, it wont let you send it unless you have the minimum of 0.01 eth in your wallet. Don't even get me started on eth (((tokens))) and ICO sales that go directly to funding Indians, elite and terrorist organizations (btw, tons of people have been arrested already for investing in ICO's linked to terrorist organizations, You just haven't heard about it yet)

>>135756310
Holler holler give a dollar
Sing a song makes peepee taller,

Holler holler give a dollar
Sing a tune makes peepee taller

>>135755961
So Ether's going up?

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>>135756310
>>135755737
(((Goldman-Sachs))) holds a patent on crypto. That's all I needed to know.
I dunno about y'all but my cash is backed by lead and brass

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>>135756546

The fact that people are seriously buying into this shit make me realize the jews are right the goyim are literally as dumb as cattle.

>>135756776
Every race is made up primarily of idiots. The only question is if those who aren't idiots feel sympathetic towards the rest of their fellow men or if they just decide to abuse their stupidity for personal gain.

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>>135756707

If you brought into the bitcoin meme and not hoarding silver then you deserve to die when shit hits the fan.

All these cryptocurrencies are literally a test run for the one world N.W.O Digital currency that everyone will be chipped in order to use.

Don't fall for it faggots.

>>135753694
Word.

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>tfw ameribear actually got rich and the guy who made this pic has probably killed himself out of regret

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>>135757258

>Good news everyone.

You may soon find at your money is as useful as toilet paper.

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>>135757570
BUTTHURT NOCOINER DETECTED

>>135757074
>All these cryptocurrencies are literally a test run for the one world N.W.O Digital currency that everyone will be chipped in order to use.

>transactions take 1-2 hours
>can only buy drugs or best buy giftcards

to the moon!

>>135757570
>cash out now
>put it in silver
Now what?

>>135757903

>a california dealership foolishly accepted bitcoin, briefly, in 2013

to the moon!!!!!

>>135757074
>All these cryptocurrencies are literally a test run for the one world N.W.O Digital currency that everyone will be chipped in order to use.
There will be no chipping, the chips are in everything already, and there's biometrics. The rest is correct though.

>>135757903

blahahaha no I got about 40 lbs of silver in a safe in my closet.

I feel sorry for the masses of sheeple who have brought into this Cryptcurrency shit

The only right answer is to guilotine the kike bankers and start over anew. With a currency tided to population and GDP.

>>135758255
>blahahaha no I got about 40 lbs of silver in a safe in my closet.

how many bags of bread can you buy with silver? sugar? bullets? b-but people WSHTF will absolutely trade your worthless metal right? muh metal required for electronics! pffahahaha

the silver market can as easily be crashed as the buttcoin market, you are like a grandpa foolishly holding to a typewriter when everyone sane in his head uses a keyboard

>>135758218

They will chip you. All this mining shit is just a test. You don't need to waste 1GW of electricity for bitcoin miner their all plenty of cryptocoins that don't even do mining. The reason mining is with cryptos is because anyone who recieves the chip will be the one doing the mining It's literally the mark of the beast the luciferian kikes want to enslave you and people will willing comply like good goyim.

>>135758540
Yup. I'll be not taking that. I'll be like, 60 years old living in the woods with some /pol/tards. Who wants in?

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>>135758470

You must be a jew.

Silver is what $13 to $14 an oz if the precious metals markets would be manipulated at the COMEX with endless supplies of paper silver. right now if silver was trading at fair market value based on just the M3 money supply it would be over $600 an ox and gold would be $9000 But if you where to take into account all the derivatives and other things tied to the dollar. You might as well just screw it. The U.S. dollar is as worse as some third world african currency.

>>135755748
the "crash" is in the advances made by alts.

don't watch it against dollars, watch it against other fiats.

>>135758920
FUCK that shit, I'm making a necklace out of dynamite and blowing my own head off. I don't want to be around for one microsecond after they start installing the mark of the beast

>>135752723
>How much they gonna lose /pol/?

Zero, it's only going to go up. I think you're just cranky because you missed the train long ago.

>>135754475
digital tokens cease to exist once it happens.

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>>135759231

>Muh stock market

>>135759231
>EMP hits

>All coiners blow their brains out

>>135759231
I wonder why Soros doesnt invest in bitcoins then

>>135759038
Silver is pointless when "shit hits the fan" though.

Daily reminder that the creator of bitcoin call Litecoin a ponzi scheme despite them using basically the same blockchain code.

Daily reminder that hundreds of new coins are created each month, diluting the supply of bitcoins.

If bitcoin forks then you are diluting it even further.

Bitcoin is such a scam it's unbelievable.

>>135752723

Well it's a hard fork of block chain technology that has serious design flaws when it comes to scaleability. I got in early so I do have a small fortune in Bitcoin, but Bitcoin has been volatile since it started and will continue to be.

I don't know if BCC will be the end of BTC (I doubt it personally) but it's inevtiable that eventually some hard fork will replace Bitcoin, that much should be excepted given enough time.

As for the cryptocurrency meme in general, it will stay a meme as long as it stays in the hands of currency speculators, miners and organized crime. Of course, this group alone can sustain the use of Bitcoin, but only one of the three (criminals) actually spend bitcoin in substantial amounts for services or goods. If for example the Tor protocol was deprecated and hidden services could not operate, Bitcoin would lose it's primary usage and that would be the end of Bitcoin as the speculators or miners do not use Bitcoin as a currency themselves, even if their market share of the Bitcoin in circulation is much larger.

When people start realizing a non physical object is worth more then a bar of gold is when the crypto crash is going to take place.

>>135759467

Yep. Externalities galore.

>>135759834
What is a better way to preserve your wealth? USD? 80 billion US dollars were printed each month after the crisis, it's basically toilet paper. Yen? Quadrillions are printed each year now as Japan tries to print its way out of stagflation. Real estate? Bitcoins? Neopets cash? Habbo hotel money?

>>135759867

Thousand of coins are created every day. I don't think you are qualified to talk about this subject if you don't know the fundamental principle of Bitcoin.

>>135752723

I'm a Dogecoin millionaire. Still waiting for it to rise above 0.000 dollars tho. But one day... one day... kek let it be so.

>>135752723

Please fucking die alredy you coindiggers I need to buy a graphic card and they are expensive as fuck because of you fuckers

>>135760097
I mean new coins as in ICO's you crypto-loving idiot.

>nocoiners so mad they spread their FUD on other boards
/biz/ has always been a /pol/ board
white nationalists are behind all ICOs, Vitalik hires mercenaries to shoot african children and plebbit loses their money
you CANNOT (can not) be redpilled if you don't own at least 21 BTC

>tfw when I once had 100 BTC but spent them all on degenerate DNM drugs

Some vendors on Silk Road, Agora and those faggots Verto and Kimble from Evolution profited greatly off my degenerate drug habits.

>>135759634
Well compared to big company stock, it's probably terrible volatile. Could you imagine how many people would shit their pants in Amazon swung 30% in an hour?

Invested 5000$ and made 12k$ in 8 days right before Ethereum crash :^)

The whole thing's dead now

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>>135760170

Yes goyim the cia Profited greatly from your drug use. Would you like to buy more of our worthless shit.

>>135753635
>>135753635
>>giving money for thin air

Watch this until the end if you havent

https://www.youtube.com/watch?v=5hfEBupAeo4

yea I know 40 min long.
Bookmark it and watch it later.

>>135760144

Then your sentence makes even less sense, if hundreds of new currencies are created every month as you claim (it isn't but let's assume it is) and it doesn't have an effect on Bitcoin pricing then everything you wrote is just nonsense.

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INVEST IN SIGNATUM, YOU HEARD IT HERE FIRST BOYS, NEED TO GET US ALL TO THE MOON SO WE CAN PURGE THE DEGENERACY FROM THIS EARTH. /POL ARE YOU WITH ME? GET IN WHILE ITS LOW BEFORE WE LAUNCH TO THE MOON. THANK ME LATER.

>>135760237

that already happened a few weeks ago

https://www.theverge.com/2017/7/3/15917950/nasdaq-nyse-stock-market-data-error

>But it was a glitch goy just a glitch everything is fine the stock market is fine we aren't totally manipulating it.

>>135760561
I ran it through archive https://archive.is/bjmMw

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>was going to invest in bitcoin a few years ago after the crash that brought its value down to below 200$ but life came up and I no longer had money to put into it
>could have another 20 grand right now

>>135760392
You live in a 3rd world shithole, so I'll clear things up for you. with simple greentext
>btc is controlled by spec trading in large amounts by jewish financial firms
>btc is hyped by jewish-run financial media, and articles by jewish pop culture media

large wallets buy and sell large amounts of btc and steer the market when good goys buy in, then sell off lowering the price, and buy back in to swing the price up again. It's a jew day-traders wet dream. No regulation, no penalty, no fees, and you can manipulate all you want.

>>135760593
God damn you're fast.

>>135760802

Nothing to do with Jews, but you are mostly correct.

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>>135760802

Only correct answer to jewish greed is to hang the bankers all of them.

>>135760561
Lol did people shit themselves?

ITT: nocoiner cope

fucking morons

>>135760452
>Just because something hasn't happened before means it will never happen.

>>135752723
I sold mine a while back at the top. So I'm hoping for a big crash, so I can enter again

Crypto currency is fucking stupid.

>hurr durr now you gotta invest in (insert stupid name) coin.

>>135761266
Would you buy back into Tulip flowers after the tulip bubble bursts?

>>135753635
>"heh stupid plebs don't you know your money doesn't even exist?"

>keeps all his money in an insolvent bank

>>135761250
>just because something hasn't happened means it will
Equally invalid logic. So far they are winning and you are just shitposting.

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Noice

>>135761164
>y...yeah guys you are all just mad u didnt invest in muh crypto scam..

Pathetic.

>>135761388
Bitcoin had 100% of the market share of cryptocurrencies were created.

Today it has less than 50% market share. Other alternatives are being adopted at quicker rates. Bitcoin will be diluted by all the ICO's being created, long-term trend towards zero.

>>135755748
>it's down $350 since your post
maybe I won't get burnt today
Also join the national party http://NationalParty.ie

>>135759077
Watching it against USDT is fine. I'm watching that now, as most of my assets are in it, ready to get back in when it goes sub 2k if not sub 1.5k

I'm only 18 so I'm not talking about a whole lot of money here, but I've doubled my grad money, which is all I've been trading with all summer.

>>135761380
Did you just try to compare a crypto currency to bulbs?

>>135754965

Not a single crypto can be used as a currency that doesn't either deflate or inflate because their market caps are so tiny, even bitcoins.

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>February 2
>You No-tulips are just mad XD

>>135761622
Yes, because they are both being purchased for the sole reason that the purchaser believes the value will increase.

>>135761535

Buy silver got buff and prep for the motherfucking race war kid.

>>135754328
>Intangibles always need to be backed by reserves of some sort
you got atlas shrugged so far up your ass you missed nixon's bye bye to the gold standard

US dollar is only backed by one thing: the US dollar. yes, it's the largest pyramidal scheme ever, only sustained by inflating the currency by magically injecting more of it out of fucking nowhere. and now that we get a currency that's limited BY DESIGN, which means it can't be artificially inflated, (((you idiots))) controlling central banks want us to believe it's a scam?

fuck off m8

>>135760136
this is the only reason i mine. I invested an amount of money which you might spend on a gaming rig - say...2000.

i let it generate 2000 to pay itself off, and then another 2000 to buy a second one. now i'm just paying for electricity, my hardware pays for itself and i keep doubling the system every 6 months.

you'll never get your graphics card now you little fucker.

thank you.

>>135755010
>>135755010
(((they))) won't get their way, there won't be a cashless society unless some sort of replicator tech appears, most likely option if we avoid/survive WW3 is a no usury based trade system.

>>135755104
It's drop from 2250 to 2000 today my friend

>>135756599
It actually has the best forecast, at least according to some (((friends))) I know that do analytics on currency exchange at the fed.

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>>135752992
Fucking beaners

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>>135752992
This, bitbean is the only /pol/ approved crypto

>>135755961
tfw you know anon is talking shit, although if your bitcoin isn't in a privet wallet you may be in trouble

>>135761879
$2760 as of now

>>135761164
>"h-hey y-you nocoiners are dum amirite?"
>has 0.003 btc
Fuck off.
>"i have a gorillion btc"
>can't cash out for real money, only buy more btc with real money
>"oi, our servers were raided by fbi, cia, and dea goys, go on, move along."
>"oi, our servers broke down, and all your btc was lost, goy. nothing we can do, move along."
>"oi, we were hacked and lost all your btc , goy. move along."
You can't win, goy. I'll stick with stockmarket, it's run by jews, but i can actually cash out when i want at any bank i want.

What about etherium? It has been shilled even on MSM, how is that in comparison to bit?

Don't know if I wanna get into crypto since all the shit you can buy with it seems like it is a one way ticket to the top of the "track me daddy" list

>>135762036
yeah sorry i'm the queens finest

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>>135752723
My intuition tells me that it's a pyramid scheme. If you didn't invest when the currency first came out there is no point in investing right now, you'll just get fucked.

>>135762070
China is pretty much the only major power with any real power over btc since they actually jumped on board, now the west wants to do the same with a new currency and we get etherium.

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i forked your moms brocolli on my plate u fuckin faggot

shitcoin can fuck off

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>>135762064
lmao

>markets uncontrolled by jews is bad REEEE

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>>135762064
> our servers were raided
failing to understand how the technology works is why you'll be left behind, poor

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>>135761793

There are plenty of valid reason why buttcoin will never take off and will go back to zero Stop being a cryptofag and open your eyes

>>135755104
>BTC has news
>People put money into BTC
>Smart traders were buying the alt coin dip
>BTC news over with
>People move money into alt coins
>Smart traders buying the BTC dip

>>135758540
>chip you
Its pretty bad way to identify people, biometrics are way better

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>>135762064
is this pasta, it looks like it because you clearly have no clue how easy it is to spend and exchange btc to fiat currency these days

>>135761716
Bitcoin is more complex than that though for obvious reasons. People use bitcoin to transfer money, buy stuff, make payments, re-invests, etc etc.

I'm not saying bitcoin is a strong currency at all, I know it's fragile. I'm saying that it will recover sooner or later because it's the go-to crypto for people.
When bitcoins crashed from $1000 back down to ~$200 a few years ago most people thought bitcoin was doomed and it would never recover. But it did, because people loves it.

People like you have been active on forums for years upon years, telling people it's retarded to buy into new stuff or bubbles.. and if I listened to you back then or just last year for that matter. I would be screwed.

>>135762240
stay salty and poor
on the way out, state one of those reasons

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Made $120 on ETH margin trading before 7am today in the first hour I was a awake...

You guys are retarded for not doing this.

>>135755629
Tldr 5 percent of BTC miners split the blockchain that BTC uses to make a new shit coin called BCC today. BCC will go nowhere probably. Market looking fucking great today though

>>135760058
And you think people are gonna care about silver?

>>135760802

Lol thats like basically ANY other asset or investment. Jews are manipulating every single asset class and there is nothing you can do about it. At least you can make some easy money with bitcoin when the jews are jewing eachother.

>>135762250
not holding your btc through the split and getting both btc and butcoin cash tho

>>135762337
see>>135762465

>>135762064
>leaving your coins on an exchange

only a nocoiner would think of something so stupid

>>135762557
could you imagine during this fork as well

>>135762439

Good for you just don't be holding the bomb when it goes off. I prefer to hold my wealth in real tangible that'll still be worth something when most of these cryptocurrencies go to zero

>>135762337

Sorry but I prefer to not be a kike faggot and get my money thtreough honest hard work. Yiu can thank me later.

The thing is bitcoin will never go below a certain amount because of all the fags just waiting for a crash to happen so they can buy it on the low. its gonna take something like the Chinese or US government clamping down on crypto currencies for this shit to go away.

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https://nitrogensports.eu/betslip/afe5de0ZFJleVp3MVhQZEp1QWppNTZOQWZvZz09/r/2225451/
https://nitrogensports.eu/betslip/080316dUm45czZ4M1IzZDhaQmZab3lscURpQT09/r/2225451/
https://nitrogensports.eu/betslip/e3ea3b0MXJsazcxMVFUWWlNRDZJRVBTUm5tZz09/r/2225451/

I made over 70k last week gambling on baseball

>>135762623

I prefer to make wealth instead of preserving the dogshit I already own. Have fun with your 6% gold returns.

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>>135762623
Why would they go to zero? Do you see international banking getting more stable over the next 25 years?

>>135762733
Enjoy that bubbly pepe, you've earned it.

>>135762197
I know your mom just started letting you use the internet, but there's been raids, hacks, and seizures of btc servers, traders, and exchanges since at least 2013.

>>135762308
>buys btc to hold and make profit on
>"h-hey, i can spend it any time i want!"
>acts like a money hoarding jew
You're fucked if you're going long.

>>135762166

>BTC hits 1$
>If you didn't invest when BTC was 0.01$ there is no point investing now

>BTChits 30$
>If you didn't invest when BTC was 1$ there is no point investing now

>BTC hits 250$
>If you didn't invest when BTC was 30$ there is no point investing now

>BTC hits 1300$
>If you didn't invest when BTC was 250$ there is no point investing now

>BTC hits 2900$
>If you didn't invest when BTC was xxx$ there is no point investing now

And on it goes while the nocoiners stay poor.

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Okay guys, here's the problem with Bitcoin. It's a simple, painfully-obvious problem that no one ever talks about, but it is the reason Bitcoin will ultimately prove disastrous for its investors.

Now, why is the U.S. dollar worth a dollar? Because it's backed by gold? LOL. Because people think it's worth a dollar so it's worth a dollar? Not really.

The reason a dollar is worth a dollar is because the USA says it's worth a dollar. If you refuse to value it at a dollar, the USA will kick your ass.

That's right, the dollar is ultimately backed by the unholy, unprecedented, almighty power of the U.S. military. Refusing to accept our sovereign currency as valid is an act of economic war that could actually lead to a real war.

What is bitcoin backed by? What is the result if I refuse to accept your bitcoin as valid currency? Nothing. No consequences.

Therefore bitcoin can (and will) be slowly and steadily devalued against various sovereign currencies more and more over time. You can bet the CIA is already working on it.

Someone who got in on bitcoin when it was new and cashed out recently for real money did very well for themselves. Good for them.

But buying bitcoin now is a fool's investment, and as soon as that becomes the commonly-felt economic paradigm, it's going to crash and burn completely. Because if the right people say your bitcoin is worthless, it actually IS worthless. If they say your dollar is worthless, though, they'll have to answer to America.

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>>135761503
Cool, and back when they were 100% they were worth literally nothing.

Now they are worth how much in total again?

You are fake news. Late adopters does not a trend to zero make.

Filename.

>>135762623
Only thing that could send crypto to zero is some sort of quantum processor that renders encryption useless but that would take out fiat currency also

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>>135759467
If an EMP hits the last thing you're going to care about are your stupid e coins...

Cash out BTC/ETH earnings for guns, supplies, and an offgrid bunker when it hits 10k.

>>135762806

Most coins have scaleability issues that would prevent them from being adopted by the mass public. Also any coin that requitres mining is a waste of time and energy I Do believe a digital currency would be a benefit to mankind but right now I'm weary that most of these crypto's are just speculation magnets and you stupid goys took the bait.

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>all these retards that don't realize decentralized currency is the ultimate redpill
It gets funnier when they say gold is good bit decentralized currencies aren't.

>>135762919

Don't be a retard and keep your money in an exchange or external wallet? Holy fuck you burgers are retarded.

>>135762919
Ive spent some traded some bought some more, will hold some long, also have some silver and a gold/silver pension. So what is your crystal ball telling you that I'll be fucked for going long big balls.

>>135753635
>giving value to paper

Good goy

>>135762996

That would take out internet. Crypto would be the least of your problems then

>>135763086
They are penniless losers that have never invested in anything in their lives, making them actual leeches to society.

You can't possibly expect them to contribute.

>>135752723
Somebody's upset they didn't get in when coins were worthless.

>>135753694
This, 2012 was a good year

>>135763269

All Speculators should get the gas Chamber it's what the Our fuhrer would've done.

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>>135763076
I can agree with you there, but I don't think those scaleability problems are unsolvable. People said Ruby would never be able to run enterprise-scale high availability websites when Rails was first getting popularized, but now everyone agrees that it can... The recent fork in BTC shows that it's not stuck, it can be upgraded. You're probably smart to avoid this kikery, but once you use crypto you will instantly see the advantages of near-instant world-wide transfer of money for a tiny fraction of what it costs to wire traditional money, and you can write code around it, build your own APIs, dashboards, bots, and other systems for handling your financials... It really is a new paradigm in terms of how you can use your money.

>>135762996
>>135762940
This Fin gets it

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>>135762940
>tfw cashed out nearly all of my coins at $600 in late 2013

I was an autist, so I accumulated most of my coins between $0.50-0.80.

Norway had not applied taxes to it yet, so I was able to withdraw just north of $20 million without paying a single cent in taxes.

Of course I wish I had held on for it to hit $1000, but the stress of holding on for years just got to me. For all I knew, it could collapse from $600 right back down to $10 the next day.

>oy vey goyim this digital gold is worth money
How is this any different from just selling World of Warcrap gold? You fucking idiots will put vaue on anything, even something as worthless and untangible as digitalgold

>>135762997
I'm bong so you think I should cash out and buy plastic spoons or something?

>>135763425

I'll consider cryptos when We starting having public hangings of these kikerat bastard.

this>>135763428
meant to link this>>135763240

>>135753635
>greek talking about money

>>135763402
Your fuhrer has been dead for a long time friendo.

If you want the closest thing to an Auschwitz gas chamber you'll ever see, fart and inhale faggot.

>>135763086
It is I think those that argue against it are either kikes or well kiked, not realising that btc completely removes the need for banks, literally makes you your own bank

>>135752992
To the moon bitbean!

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>>135752723

>people think investing in crypto currecy and gold is a sound investment
>not stocking up on ammunition, toilet paper and cigarettes

>>135763445

Props for holding both the 30$ and 250$ bubbles though. Takes balls of steel to hold after seeing 80% of it's value disappear.

>>135763458
>doesn't understand bitcoin

It's nothing like WoW crap.

>>135753635

Pay dem debts greece.

pol uses US dollars and pays taxes into the government so they can redistribute it to blacks and bail out jew bankers
pol bitches and complains about their government bringing in syrian "refugees"
pol is presented with a solution to keep your credits in a decentralized system and their response is REEEEEEEEEEE

>>135763826
live in machester england, all media broadcasting centres for BBC and ITV has just moved here from london, something tells me that happened for a reason, bye bye london

>>135764099
>>135763777
Even kek knows

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>Redditor bitcoin miners buy up all the decent computer parts following the latest gold rush trend and now PC parts are expensive as fuck

>>135762733
And how much have you lost over your lifetime?

>>135760452
It's a valid argument. The number of bitcoins is limited but the number of cryptocurrencies that can be created using similar or even better tech is infinite, ergo the supply of cryptocurrencies is effectively infinite. Sounds like fiat to me.

>>135753160
This anon gets it.

>>135763458
Do you realize some of the top sellers of wow gold are multi millionaires now?

I sold D3 HC char leveling back when the game dropped and was getting $80 per character, taking only 3 hours to complete each one while running 3 simultaneously. For the first week after launch, I was legitimately making over $50/hr including downtime when I was waiting for people to put in orders.

Virtual goods are worth exactly however much the person on the other end is willing to part with.

>>135764530
Sounds like you don't really know what your talking about

>>135762978
But bitcoins are not fiat money, sure you can generate them, but it costs so much money to generate a new bit coin from just the hardware and electric bill that it has that inherent value.

If the dollar is so much more secure than bitcoins than why has the value of the dollar gone down the toilet so fast while the price of bitcoins has gone up like a rocket?
How are they going to devalue bitcoins? They are decentralized, anybody can generate them. The price is set by the market, not some bureaucrat. What are they going to do? Ban crypto?

>>135764718
Explain why I'm wrong.

>>135759467

EMP or just yellowstone blowing up and taking out the grids.

>>135760058

Bullets and toilet paper and textiles

>>135762978
yeah - it's a good point that the dollar is more stable, but it's not because the government says so, it's because the market dictates this.

the value of goods fluctuates wildly within the dollar - look at gasoline. today it's up, tomorrow it's down...do you think it's *really* the gasoline that's changing? no - it's the value of the dollar against the value of a gallon of gas.

>>135761826

is it really that productive? I heard it was a waste of time now

>>135765110
Honey, you haven't explained why you are right yet. You are vomiting nonsense on the keyboard.

>supply is infinite

Honey..... even a Venezuelan socialist isn't this stupid.

>>135765110
I can create a new coin right now but It won't have many computers in a network hashing to secure it
I won't have the community around supporting it
A lot of new coins are premined to unfairly benefit the developer

in theory a new coin can come along and become valuable, but it isn't created from nothing like fiat, it requires a function system to give it value

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>>135765110
How much is this image I made real fast in MS paint worth?

If you create a new cryptocurrency it is only worth what people think it is.
That is what adds value to crypto, people using it and people generating it.
Also it isn't fiat because it is not next to free to produce a billion units of currency out of thin air and paper like with the US dollar.

>>135765549
I said effectively infinite you sack of shit. You still haven't presented an argument.

>>135765436

"The market dictates"
That's some spooky shit right there. The economy is not sovereign - that idea died in the 1930s only to re-emerge in the thinking of pseudo-economists later in the century.

>>135765110
OK explain to me why and having multiple different coins stops btc from being the gold standard and some how all these many different coins are all classed as one infinte supply
2- explain to me what makes the tech for these coins even better and why the developers of btc what continue to improve btc.
3- explain to me why the best developers in the field wont want to work on the btc above others

>>135764843
>exponential difficulty in generating coins = exponential price increase of bitcoins
This is the dumbest way to dictate value

>it costs so much money to generate a new bit coin from just the hardware and electric bill
>anybody can generate them
2/10, work a little bit harder on shilling

>>135764843

Currency is as valuable as people believe it is.

You talk about "inherent value." No such thing. If I go out and buy $1000 worth of lumber and build a giant wooden penis out of it, is the giant wooden penis worth $1000?

That lumber had value only when it was lumber. Now that it's a giant penis, it's no longer lumber.

As far as what the CIA is doing specifically, I don't know. There's a reason they're called the Central INTELLIGENCE Agency. They're smarter than you or me.

But I do know that it's in the best interests of every sovereign government on the planet to keep decentralized currency contained, and ultimately to destroy it.

A country's currency is its lifeblood. Bitcoin, to a sovereign nation, is the equivalent of a running back using a .357 magnum in a football game. He's probably going to score a touchdown. But it won't count, and the NFL is going to do whatever is necessary to get that gun away from him and get him off the field. It's effective for one play, but in the end, it's cheating. Big-time.

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>>135752723
>con artists
in contrast to single payer healthcare, payg pensions, property and income tax ponzies enabled by the fiat ponzi?
get rekt, authoritarians, is all I can say for our time will come and it will be a glorious time for liberty

>>135752723
things are "stable" because people like the DNC, Russia, China are using it to funnel money around, so they are propping it all up. its going to take a hit here soon when its public that DWS/DNC/media members are going to start going down with the announcement of FBI seizing computers, etc. you will see bitcoin take a small dive, level for a week, then dive steadily

There is nothing to argue about, because somebody dumber than an actual communist has nothing worth saying.

I'll disprove something you said wrong when you've rearranged your economically illiterate world salad into something relatable to reality.

>>135765758
incorrect its demand that drives value of a finite currency up, as demand goes up value goes, value will kepp rising until final coin is mined/it reaches market saturation, we are no where near either

>>135766087
correct
in the old days of offline commerce this used to be gold (which is still good as a hedge against usury) but nowadays I'm a believer and reaped much rewards from crypto

>>135765819
wow the same pasta 2wice in 1 thread, did no one reply to the first so you just tweaked it, if there is anyone in here who is not shilling against btc and is just not sure, here is your evidence that it is being shilled against

https://youtu.be/ASUHN3gNxWo

>>135765758
the difficulty adjusts every 2 weeks in bitcoin, sometimes its difficulty decreases, but the popularity and price of bitcoin results in more people mining therefore higher difficulty
the inflation rate halves approximately every 4 years, you can argue that if you want but it's a model of a deflationary currency. All fiat is inflationary so we'll see what's worth more.

>>135765536

it's not a cake walk, but it's not a waste of time.

there's a reason that there are warehouses full of mining rigs - they pay for themselves within 4-5 months, and then live for 2-4 years generating a profit margin.

wouldn't be possible if it wasn't generating *something*.

the coins are being mined, the pool is widening - it might be a "waste" to mine bitcoins directly, but there are several supporting currencies which make a lot of sense in the short-term.

plus it's fun to just build systems and make it harder for kids to buy toys.

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>>135752723
You literally don't know what you're talking about, fuck off and stay poor.

>>135766257

No idea what this bucktoothed britbong is talking about. I guess some people's defense against logic and reason is, "it's pasta."

Here's a tip for you, Jeeves - I don't pasta. I can actually convey my thoughts in writing.

>>135759405
So do paper tokens.

>>135766087
>>135766321
stfu tards. read the post I was replying to

>>135765752
the idea isn't dead.

do you have any 'small' gas stations in your area?

they move the price *all the time* based on what they think they can get for what they're selling. walmart, supermarkets...if they can make money by adjusting that gallon of milk you're buying every week by $.01, they will - and you won't notice. the dollar didn't change, your milk price or gas price did...right?

If I've got 10k to invest in the next half of 2017 where should I go with it?

>>135765436

I'm not talking about the value of the dollar vs. the value of consumer items in the USA. Because we use fiat currency our economy will always experience steady inflation.

I'm talking about the value of the dollar in the international market.

>>135766321
and if you don't get it the difficulty secures the coin
It has a flexible security system that grows or shrinks relative to price and size of the market
It's all math on the electricity usage and price to see if it's profitable to mine/secure the blockchain
people can argue it's a waste of resources but I believe it's worth it to have a decentralized distributed secure system
this means to alter the system you need to generate that many resources and attack the network, which creates a money sink

>>135766638
Real estate.

>>135766638
Probably SIA, IOTA and maybe NEO or TEZOS

>>135766565
cry more nocoiner faggot

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>>135766638
ARK is very promising, currently sitting at 50c or so a piece
you have time to get some until Q4 when they roll out their Smartbridge™ tech

>>135766638
Also inverse ETFs might come in useful since USD is bearish as fuck atm

>>135766451
>>135765819
>>135762064
>>135762978
Alright jesse maybe not a pasta but along the same talking points as these 2, so your all either equally retarded or shilling against the eone thing that can genuinely bring down the banking system

>>135764530

So because Zimbabwe is printing hectillions of zimbabwean dollars somehow brittish pounds are now worthless? I mean they are both fiats, no?

>>135766725
what could possibly go wrong

>>135766565
I did and then I explained to you the way the value of bitcoin is actually dictated, you are welcome

>>135766956
Nothing if you're not a retard who believes prices will go up forever.

>>135766857

Sorry, I don't read threads. I only read the OP and posts from people who reply to me, don't have time for browsing. If I happen to be talking about the same thing as someone else, maybe consider the possibility that it is a valid point instead of assuming it's pasta.

>>135766648
sure - but as suppliers have become more globalized, they've been able to manipulate *their* prices to match local currencies in ways which government-set interest rates can't keep up with.

what looks like volatility of "the exchange rate" between two currencies is really the buffer between two markets for the same essential goods.

you can't talk about the value of the dollar on the international market and ignore the local market which corresponds to it - that's what i mean by the market dictating prices...the values on both sides are tied to what you can get with the implied value of each currency.

>>135767096
Just coz 2 or more people are talking about the same thing doesn't make it valid, it can be a genuine opinion but its still floored

Jews would shut down crypto currency if it actually posed a threat. Naive faggots. In fact it is just another one of their tricks. You can still make money if you play right, but eventually some kikery will go down.

I bet the Jews will profit

>>135759038
>would be 9000.

You mean over 9000

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>>135762978
>>135764843
>>135766857
>Retarded banter
The only thing that really gives Bitcoin any value at all is the fact it's used on black market and for mostly illegal transactions on the web and irl. You guys are dumb faggots arguing over this. It's a fucking deflationary currency mostly being used for illegal shit while competing against mostly retarded inflationary currencies. Of course it's going to go up over time, especially while it becomes more widely acceptable. The only fucking thing though about deflationary currencies is that they are bound to crash every-once and a while.

>>135767454
Explain a) how they would shut it down and b) how it is one of their tricks?

>>135767606
Did you get those talking points from CNN

>>135767638
>Explain a) how they would shut it down
Make a law about something something terrorism money laundering cp. Are you even bong?

>>135762250
I predict that BTC will dip much much more than what we've seen so far today, once BCC establishes its blockchain i have no doubt that both coins will crash hard. That's when i'll buy back in

I got some btc on polo, why do I need to move it into an offline wallet to profit?

>>135767819
That could try and make it illegal but that wouldn't shut it down so you have answered a) nor b)

>>135767638
Force your govt to criminalize it, seize all assets of Bitcoin users and throw your dumbass in prison??? Retard, how can you still underestimate the Jews?

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>>135755737
>>135756776
>>135757074
how are bitcoins anything but red pilled?
unregulated, safe and most importantly they cannot be taxed
why do i have a feeling you're just a larping commie who's just buttblasted that the smart people are making money by doing nothing
pic related, what you need to be thrown off

>>135767976
maybe 2 late now https://www.youtube.com/watch?v=sTACv0PcWSo

>>135768041
again this still doesn't shut it down

>>135767978
If they equalize crypto to cp it would be marginalized so hard that it will lose any relevance.

>>135754328
The buttcoin miners won't listen to you

Yes block chain tech is a huge thing
Yes crypto currency not controlled by central power is great

But they won't ever listen to criticism, like people buying derivatives in 2008

Bitcoin has all the problems a fiat currency has (Not backed by tangible good, its value is what the market can take) you fucks saying it's backed in computer power, tell me how I can go to the bank and convert my bitcoins back into electricity. Bitcoins are not "backed by the power used to solve bitcoin hash" it's merely what is used to produce it

Like saying the USD is backed by cotton paper

Bitcoin has all the problems gold has too
(Arbitrary rarity that supports holding onto bitcoins instead of using it as a currency) why would I want to pay my groceries this week with bit coins if I wait a week and all my coins are worth $100 more dollars. It will lead to stockpiling and disincentivives actually using bit coins for what it is, a currency to be used day to day.

Most bitcoin miners these days are based in china and have massive amount of dedicated chain miners that can produce many times more processing power than a dude and his video card can produce. Imagine if you had enough money, you could build your own mint to produce MORE money for yourself. Sounds good for the user but not a healthy currency for an economy.

I used to think that perhaps 2 coins would be able to fill that niche

One with deflationionary tendencies to maintain its value ala gold

Another with inflationary/ stable tendencies to be used as a day to day currency that can be used by regular people.

But It seems most buttcoiners just care about pump and dumps, moon shots, and creating cycles of crashes and booms to buy low and sell high. Imagine if a day trader stock broker was tasked to create a currency, you would get bitcoins.

If someone can present some counter points for a discussion, I would appreciate it.

Fucking normies

In capitalists system,you wait for crash that is sure to come,and then buy low
This is what runs the economy

>>135768045
>most importantly they cannot be taxed
bitcoin is not anonymous so it can be taxed.

>>135768045
I'm tagging you in mate, I'm done fighting the shills/trying to educate people that this is the genuine and absolute best shot of a revolution against the central banks

>>135766735

TEZOS is one that I've been looking at for a long time now. Looks like ethereum, but with the developers actually taking the security seriously.

Solidity is a joke that will burn ethereum investors in a year or two.

>>135767976
I'm not sure polo has USDT but if it does you should definitely move your bitcoins into that. If you really want BCC you'll be able to acquire it way cheaper than those you moved their coins to a BCC friendly wallet

>>135767719
No, I fucking use bitcoin to buy drugs online you fucking degenerate retard.

Read a few books on economics before you come to the big boy's table and talk, you jewish dumb-dumb.

>>135766757

IOC is one with potential as well. It's extremely low right now and when DIONS comes out it'll most likely make some significant gains.

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>he didn't buy bancor yet
>he wants to stay poor
>muhjews

>>135765627

only like 2% of the USD exists as paper currency, dummy. 98% is digital just like bitcoin

>>135755498
This

Its supply is too centralized too

Bitcoin is the money supply of the people

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>>135756310
>He doesnt know who invented bitcoin
There's only 1 man the jew fears.

>>135768324
>1F1tAaz5x1HUXrCNNbtMDqcw6o5GNn4xqX
>mr anon is this you?
>'no'
tell me how they can prove this is mr anon's bitcoin address
hard mode: what if mr anon isn't a bumbling retard and keeps his bitcoins on a hard drive?

>>135758111
Well you have an easily stolen asset that will always be good for trade

I hope you have a lockbox and some guns to protect it.

>>135769161
>not sure if trolling or actually retarded
They tax you when you transact.

>>135755052
source'?

>>135756032
wtf

>>135768298
>buttcoin
Only SJWs say that. Obvious shill, filtered and ignored.

>>135758470
>Silver can be crashed
No it cant

You can just trade that shit for whatever you want or if everythings normal, just convert it to digital jew paper and then use digital jew paper

>>135769361
over here in bongland if you have more than a certain amount in your bank account, it can get taxed
once you actually buy btc/eth the government can no longer take anything from it
it's yours and no one can prove it's yours
and you can also keep bitcoins on hard drives if you're extra paranoid

>>135768119
yeah it is
whatever

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>>135768595
>Posting on public FBI monitored forums that you use cryptos to buy drugs
Fucking lol

This has to be a honeypot

>>135770040
>if you're extra paranoid
reminder that if you don't hold the private key to the address such as when you keep it on an exchange, you're not in control of your crypto

>>135766757
Is the best way to go about this just getting a wallet on a device and then buying bitcoin, and exchanging it for sia or whatever? Which wallets etc to use?

>tfw stormweenies are actually this retarded.

Good luck with that 55 IQ master race you guys.

Bitcoin is a religion there will always be idiots to exploit in pump and dump schemes.

>>135770040
Fair enough, but I think the idea is to tax it whenever you move it back into your local fiat. Once more places accept bc directly, things may get harder for governments so I expect that's when they'll start cracking down hard.

>>135770299
it's the same process for any altcoin
1. open accounts on several major exchanges and go through verification where applicable
2. deposit fiat to provided exchange account info either using your debit card or cc
3. use deposited fiat to buy BTC
4. either transfer BTC to your wallet (Electrum is a good lightweight BTC wallet) or use purchased BTC to buy altcoins
5. for altcoin storage download a suitable wallet for each one of them and withdraw from exchange

IN CASE YOU USE A WALLET, WRITE DOWN YOUR PRIVATE KEY/MNEMONIC PHRASE/SEED BECAUSE IT IS THE ONLY WAY TO ACCESS THE FUNDS THEREIN!