Bitcoin is $4000 and you guys are here talking about some car

don't invite the normalfags into it
enjoy your gains in secret, let /pol/ masturbate over interracial porn and do fuck all for their beloved civilization

Pff it'll never go over $1, I'm not buying into this shit.

>>137202485
>telling people about crypto

fuck off /biz/ i havent accumulated enough yet

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>>137202864
>mfw I heard a story about this newfangled "cryptocurrency" when it was $20/coin

I cannot complete the seppuku, Senpai, do what you need to.

jesus I keep telling myself it will crash again but it keeps fucking doubling

>>137203582
there are literally dozens of opportunities to invest in crypto over the last few years that would have put me in a position to retire by now and i missed them all.

>>137203866
It always feels like as soon as you go in something devastating will happen

how does one invest in this

I mean let me get it straight, everyone was freaking out that bitcoin was going to crash because it was going to fork or something... then it forked and it doubled... and everyone that had bit coin also got $700 in new bitcoin cash? what the fuuuuuck

how would I use it? If I bought some using USD could I then use the bitcoin to buy a house? buy food? get my car repaired? see a doctor or is it just to buy drugs off the darkweb?

If I go to a Bank and say I have these cool bitcoin thingys can I have some USD's to buy some food? will they laugh at me?

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Bancor is literally unstoppable.

I wish I got into it when I could, years ago. Now is too late.

>>137204374
You can sell them from USDT, fly to southeast Asia and exchange your USDT for USD.

>>137202485
the top must be in

>>137204057
Wait for the next dip. I cashed out today and am just holding fiat for a little and buying back in when it dips again. Don't be a retard that buys in at the ATH.

>>137204407
You would have said the same at $1000. Or $2000. Or $3000. With Bitcoin the best time to buy is NOW.

>tfw was 17k up on 10k
>got scared + weak hands during the recent shake out, sold some shit coin positions
>now made some back and only $7.5k up on $10k
whatever. It's money I wouldn't have had otherwise.

>>137204752
I don't have money now. I'd when bitcoin was fucking cheap, though.

i have 0.2 of a bitcoin. my goal is to have 1 bitcoin by the end of the year.

then in 2025 when bitcoin is worth $500,000 per coin and rising, i will rejoice.

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What's with neets and monopoly money?

>>137204400
there will only be One True Crypto and it will be #Bancor because they have a Slay Queen Slay...it's fuckin over for BTC my /biz/nigga...Jews always win.

>>137204985
>monopoly money
Oh God. Please fucking kys

>>137204864
You can buy fractional amounts, you don't have to get a whole bitcoin at $4000. Even $20 worth now could grow pretty big someday.

>>137202732
>>137202485
>thinking /biz/ has more bitcoin than /pol/
they laughed at ancaps for years. and they'll still do it.

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>>137202485
How does one get into the whole bitcoin deal?

>>137204985
they need you to keep buying it so it doesnt crash

>>137205128
no one has made money off this scam fuck off shill

>>137204985
since any money you like doesnt have byzantine fault tolerance
now you are the monopoly money

>>137205209
I barely have anough money to buy ramen what the fuck do I do

>>137202485
Fuck off fag.Your bullshit money is about to crash yet again and you cunts are on every board trying to dump your coins.

>>137205334
But the fucking Chinise already own most of it.

You are only makin' chinks richer.

>>137205353
You can sell them for cash though.

>>137202485
>>>/biz/

The price of bitcoin is rising in part to to the devaluation of the dollar in comparison, as well as the dollar about to lose global reserve status.

>>137205333
Be really good at computers or ill hack all your shits in your sleep

Bitcoin is stupid and should not be purchased now or ever. Cryptocurrency in general does have a lot of promise though.

>>137205333
Download blockfolio. That fucking easy. If you buy right now you'll be sorry though.

>>137205742
I meant coinbase. But also download blockfolio.

>tfw system admin for a major college when buttcoin first was a thing
>Tfw reading up on mining buttcoin with plan on using college serve to do dirty work
>Tfw attention was drawn away by pussy and forgot all about it

Yet again woman ruined the lives of men.

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>>137204985

This is the real white resistance

>>137205353
I've seen someone purchase a penthouse in NYC with BTC, faggot.

Die slowly

Taking your meaningless paper currency and buying a meaningless digital currency... Seems legit

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>>137202485
>tfw bought thousands of btc in college
>Forgot I had it until this year
What do I even do with this shit?

>>137205209
>not a pyramid

>>137205894
chink shill pls go

>>137205986
Sell to fiat or hold.

>>137205962
Who is this? He better be rich as fuck because he also has to pay taxes on that penthouse which is more than what most people make a year here.

>>137205986
Transfer it to me

>>137205986
Go to whatever exchange you bought them on and sell them then buy more when it dips again or just buy a house. Also pray that whatever exchange you used didn't liquidate them years ago because you didn't pay some bullshit fees.

>>137205801
What about Blockchain?

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>>137205986
Def sell it now

Do your research on the hard fork that happened two weeks ago
The "winning" bitcoin is based on the old code and will be unable to grow in the future

>>137205986
I would sell that shit depending on how much you have.

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>>137205986

If that's true, then you going to college was 100% unnecessary.

>>137206125
That chink is lying to keep the ponzi scheme going.

>>137206125
Not at liberty to say.

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What's the best way to get bitcoin please help am retarded poorfag

Please be detailed so I can hop on the last train to Lambo land

>>137204407
>years ago
nigger, 4 months ago it was $1500 a coin. You missed it then, not in the distant past.

>>137206575
You can buy small amounts of BTC.

>>137202485
>>137204602
>>137205209

What do you think the chances are of Bitcoin dropping back down to $3000ish?

I sold mine (B$1.5) at $3100 with the anticipation that I'd buy again once it was under $3K because it had been hovering around $2500 for several weeks. I could still buy back in at $4000 right now and turn a profit, but I'd like to avoid losing the gains I had.

>>137205986
Why would you just go and lie on the internet like that?

But if not, feed me

12AZq6m2qsx2G1dmHKVQuEr2yRs1ohPDiT

>>137206357
This. It's literally a ponzi scheme, ask ANYONE how any of it works and they won't tell you shit.

>>137204865
That's not how that works. When bitcoin is 500000 you still have .2 bitcoin

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Monero is also a great crypto with strong community, backed by peer-reviewed cryptography

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>>137204057

>>137206904

I work in the industry. I can explain to you very simply exactly how it works if you aren't going to be a faggot about it.

>>137206909
He means he's going to buy more until he has 1BTC, friend.

>>137202485
It was a deal at $40

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>Tfw bean posters
>tfw made 4x on DGB and sold before the crash
HEHEHEHEHE.

>>137206823
0%

>>137207012
I'm listening

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The saddest thing is that while /pol/ is concerned about race wars and happenings, the most powerful thing we could all possibly do to bring down this degenerate modern world is push for the global adoption of crypto.

There is no more bigger threat to the system than decentralized currency and most of /pol/ is completely oblivious.

Read pic related, tell your family and get yourself some crypto.

www.coinbase.com

>>137204407
>$10 BTC, I missed the boat
>$100 BTC, I missed the boat
>$1000 BTC, I missed the boat
>$4000 BTC, I missed the boat
YOU ARE HERE
>$10000 BTC, I missed the boat
>$100000 BTC, I missed the boat
>$1000000 BTC, I missed the boat

>>137207338
This.

>>137206623
Would it be smarter to wait for it to wait for a crash or buy now? I literally only have like $100 I can spend and not starve this month

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>>137202485
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>137207205

Why?

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>>137207486
JUST GET IN AND HOLD ON FOR DEAR LIFE

Are there bitcoin ETFs?

>>137207486
As of right now it's up 302.55%

>>137206823
High. Literally after the first dip of 5% or more which could happen tomorrow people are going to sell like crazy because they're going to be afraid that it's going to crash again and they're going to cause it crash again. Then it will rebound again.

>>137207650
That's since the last six months

>>137207338
kek

>>137207338
BTC only value is you retards coming here and shilling this idea.

>>137207536
dont listen, anythings possible.

all you have to do is WAIT for the next dip, i dont know when or much it will be but you'll know when it happens. wait a week when it does so thats it bottomed out and then buy in.

>>137207250
This. I literally traded 100k in stocks, bonds, fiat, and went /AllIn/ on cryptos. Fuck the system. I am practicing what I preach.

I'm not interested in buying drugs over the internet or online gambling, so I have no use for bitcoin

>>137202485
>cryto shills still think /pol/ is going to fall for the cryto coin meme
fucking keeeek

>>137204602
This. Buying every dip is literally free money,

>>137207220
>>137207220
>>137207220

1. It functions as an immutable record of who owns what. Gold held this "gold standard" spot until the govs tricked everyone and gave them paper. You can literally memorize your 12 word personal "seed" and walk around with $100 million in your head if you were inclined to do so. No more scared people, no more banks, no more centralized control of the money, means no more authoritarian commie/nazi faggots fucking everything up.

2. It is also a "hashing" (digital fingerprinting) system for anything and everything. If you need the implications for this i will spell them out to you in another post.

you fucking retards are buying into worthless ponzi scheme bullshit

The world will NEVER accept Bitcoin as a currency, and once the fad dies out your holdings will be completely worthless

>>137203582
>mfw i heard about it when it was sub 50c and I blew it off as a gimmick that would never amount to anythign

JUST

>>137202485
WHY THE FUCK DIDN'T I BUY THIS ON THE DIP WHEN IT HIT 2500. I KNEW IT WOULD COME BACK UP, BUT DIDN'T BUY.

FUUUUUUUCCCCCKKKK

>>137207865

How about using it for your savings so you aren't a broke faggot holding paper in 15 years.

>>137203866
tfw 3 weeks ago
>$2500?? crash is surely right around the corner

>>137208005
Fuck off, loser

>>137207935
>non existing money
you people will never get this shit rolled out to real people besides fucking chinks
because chinks are fucking stupid

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Problem is, let's say i have 2 grand in bitcoins.

How do i turn that into actual money in my bank account? No one answered that question, so i didn't buy any.

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>>137207911
>shill
>911
>ragging on anti kike technology
Hmm...

>>137203582
This, and i feel way to late to the game but every year its another opportunity missed, might just have to bite the bullet and get amongst it even though i might lose a bit

>>137207784
what if sergey finds your wallet and hacks your bitcoins

>>137208005
This.

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>>137208046
It's okay man I'm on the same boat

>>137208146
>technology
>anti kike
i bet you think you are red pilled dont you?

real question is where is the real volume coming from and how sustainable does it look?

>>137208138
is this trolling or?

you sign up for a exchange. you give exchange your banking info, they deposit money into you account.

>>137207736
No, it's that value because Asians afraid of currency controls and devaluations can escape government oversight with cryptocurrencies.

>>137208138
I think that's why everyone's shilling these shitcoins so hard because they can't fucking sell

>>137208138
localbitcoins

>>137208138
You sell them on any exchange and cash out to your bank account??????

>>137208079


because we all know for sure that bitcoin will be SO valuable in 15 years, right? No chance of the value collapsing or anything like that, let me just transfer all my assets and savings into bitcoin real quick, no way this could backfire on me!

>>137208005

Should I explain to you exactly how bitcoin/crypto will eventually replace fiat for even the largest countries!? Btw, there are serious discussions that take place at the highest levels which talk about the implications of this and how it may actually cause ww3. Wish that was a joke but this is discussed in a serious manner by people with net worth >$500 million.

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>>137208325
>>137208425
What guarantee is there that they'll actually deposit the money?

That seems like a system that could easily see a lot of cash frozen.

>>137208340
the price would not be shooting up if that were the case

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>>137208046
JUST GET IN YOU STUPID NIGGER. THIS SHIT IS LITERALLY HEADED FOR A MOON MISSION IN FIVE YEARS TIME. 350K BITCOIN IN FIVE YEARS IS GOING TO HAPPEN. ADOPTION RATE DOUBLES EVERY YEAR. YOU CANT LOSE WITH A LONG ENOUGH TIMEFRAME.

PIC RELATED. GET IN BEFORE THE NEXT MOON MISSION YOUR FUCKING RETARDED APE MAN.

>>137208138
>withdraw your BTC from wallet to exchange
>sell your BTC for AUD
>withdraw AUD to bank account

its really not that hard to just google this stuff

Crypto is only as good as the next solar flare, or EMP blast which will wipe everything out.
There is no 'If', only a 'When'

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>>137208428
Rich people discuss all types ofcrazy shit man, although I'm also a bit bitter because my current circumstances prevent me from getting on bitcoin by the way

>>137208173
I don't even have the private keys. Hardware wallets.

>>137205333
Never buy high, anon.

>>137208005
>..Anonymous (ID: kUdkoQUa)
>08/13/17(Sun)12:50:38 No.137208005
>you fucking retards are buying into worthless ponzi scheme bullshit
>The world will NEVER accept Bitcoin as a currency
>Flag
Ok now I know you're shitposting but I'm gonna bite anyway. Countries like Japa for example have already fully legalised it as a payment option, and any country that bans it or makes it difficult is going to lose out.

>>137208133

Think of it like proof that you own "a bar of electricity." The proof that you own that bar is represented on a ledger on 100,000 nodes all around the world. Not only is the record showing that you own the bar there but the history of how that came to be is also there.

>>137208427

You should own 70% btc typically and a mix of some of the popular alts. Also, some friends of mine just launched a crypto index fund that holds the top 30 by market cap.

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>>137208046
FUCK WRONG PICTURE.

>>137208644

No, these are serious round table discussions. The reasoning behind it is pretty sound as well.

>>137208533
>>https://en.wikipedia.org/wiki/Coinbase

because they are multi million dollar companies and have handled millions of dollars worth of transactions before? short of that, you can take them to court if they don't deposit your money?

>>137208756

>You should own 70% btc typically and a mix of some of the popular alts.

yeah nah, I'm pretty satisfied with my portfolio the way it looks right now sans bitcoin, thanks for the tip though. If I was a desperate poorfag I'd consider it.

>>137202485

I can't fucking believe this fucking shit. IT KEEPS RAISING IT'S VALUE. I AM SO FUCKING DUMB.

>>137208857
>Update
HOLY FUCKING SHITTTTTTTTTTT GET THAT INTO A HARDWARE WALLET ASAP

>>137208756
>still nothing you can see/feel and store in your own house
no one with an IQ of above 95 would even consider this trash concept

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>>137202485
>yfw October

>>137202485
too bad you can get jailed for buying anything

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>>137207250
shit is fuggd :DDDD
this is why i am alt-right ::DDD

>>137208932

Lmao, I have more in shitcoins than you have made in your entire life. Good luck with your melting fiat poorfaggot. Also, when you are too poor to move your family and friends out of the country when shit hits the fan you can remember me and this conversation.

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>>137207748
>>137207664

Ok, that's what I figured. Just looking at the history of Bitcoin's value seems to guarantee it. It went up to $3K then crashed to under $2K for a while. Short term volatility and long term growth appears to be the name of the game.

>>137203866
I never have any extra to put in. I should just start dropping 20$ in every week no matter what the price is. I did get 20$ into IOTA at .18 it's at .80 right now. Wish I had 100k a month ago

>>137209018

I hold gold+silver as well but the risk/reward on crypto right now is too high to not have my money in it. Holding btc/some alts is just as real as holding gold+silver. The only scenario that its not real is if the entire internet goes down, and we can do a simple ev formula to figure out allocations.

>>137209138

Wow, wasn't expecting you to take that so personally. I didn't mean it to be offensive. Take a couple deep breaths and try to relax, you'll give yourself an aneurysm one day.

>>137208901
Thanks.

I think i'll avoid it. Seems far too unstable to delve into at this point. I do seriously regret not buying when it was like, 5 cents a bitcoin. But unfortunately i was homeless at that point.

Live and learn.

I also don't really believe this technology will be without competition or regulation. And only a handful of people seem to be making bank, the rest are just chasing the electronic dragon so to speak.

>>137209353
>I should just start dropping 20$ in every week no matter what the price is
This is the correct attitude.

>>137209138
and what have you actually gained with those coins?

at some point they're going to be worthless

>>137202485
The reason I'm skeptical about bitcoin is the fact that it's going up while the stock market is in a bull run. Bitcoin is not a safe investment when the shtf. It will not replace the current monetary system as it has too man self-imposed limitations.

If you want to make money, in the short-term, via speculating on crypto-currencies, more power to you. Just understand that bitcoin is going up for the same reason as worthless Boiler Room company stocks were going up in the 1920s - easy money, low-interest rates, and high leverage.

>bit coin will be the biggest thing ever
>let me set a bad example for it by abusing it myself and telling everyone to make tons of money off it because its decentralized
that is how i know this will never become a fucking thing

>>137209497
Dude everyone on earth has missed trillions of chances to make money. I mean if you knew all the shit that was going to happen like the 2008 crash you'd be a billionaire

$4000 for some shitty hash of numbers on some cucks server somewhere?

i'll keep my gold, silver, oil, and other tangible assets thanks

>>137202485
Bitcoin is a scam. Trust me I know. I invested $5000 and fees ate away all my profits. Had 2 credit card numbers stolen. My email is full of phishing emails trying to get me to send coins. Seriously. If you want to make real money just start a business. You are not going to get rich off Bitcoin.

>>137209138
Send me a few BTC then big boy 164uQpeGETrvB5aB974smQCM4Pxsw4ZU7H

>>137209467

I apologize, your stupidity is giving me an aneurysm. Good luck to you and your family in ~15 years. Me, the devs, cryptographers, miners, investors etc etc will be having a good chuckle.

>>137207486
Unironically just do surveys and watch ads for btc. You can get like $10+/mo without dipping into your actualy money. I use earncrypto, it should come up when you search on google

>>137209018
You are too stupid to understand basic economics

Tangible assets with tangible skills will be worth far more once the shtf. Who will be able to rebuild when the darkness comes? Can bitcoins buy you bread if you have no way to be able to translate them into goods? Will you be able to mill and make your own when none can provide for you?

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>>137209807
Yea this is my thinking, man. Greater fool theory seems to be capable of accounting for a lot of the volatility.

>>137209870
I still feel like shit, because i only had 20 bucks at the time and it was either buy some bitcoins, or eat food. I suspected it might take off some time down the road, and when i checked back months later it was around the 300 dollar mark. Now it's sitting at 5 grand a bitcoin.

I could have made well over 70 thousand.

But, again, i was homeless. And my parents were drug addicts. Ya live and ya learn.

If i'd become rich off it i wouldn't have met my fiance' and be moving to America, though. So it doesn't bother me at all. 42DD's son.

God damn.

>>137208857
Don't post that here!!!!! Start cashing those out right the fuck now!!!

>>137209939

I give money to charities, not randos on 4chan. You gotta earn it.

>>137205986
1BEA2Sc92kRoM3DPEPoVJQxMMyL2zDv8eH

Donate a little

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>>137205986

hey bro

college student here struggling

if you could send a few my way it'd be much appreciated

1Kxke6H8pCqVHRJXk5aVvDmvXkFYNQAvmD

>>137209967
>your stupidity is giving me an aneurysm

As he sits there with a smug face investing actual money into something that can easily crash and something that will literally never become the norm even in his ideal society.

>>137209138
Here's an eth 0x1e95afbed703a9549426b9b426f758087a9c2a1b
And here's a ltc LghfgNeQk1G6gQUGg5bKiXHyUJugGoYX3x
I'll pay off my student loans

>>137210144
It's no different than money you retard.

>>137202485
used to have about a couple of buttcoins back when they were cheap. only thing that makes me suss on them is that the exchanges seem to suddenly freeze up whenever theres a dip. they dont let people cash out so thats the scam element of it. they kind of just lock everyone in and never let you withdraw

>>137210090
>>137209807
enjoy and make money off of it while it lasts i guess idc

>>137205333
it's too late, don't try to chase an epic rally like that. wait for a correction.

>>137209967

Don't worry about me, buddy. I'm not the one who invested in something as volatile as bitcoin. Maybe you should spend some of your precious coin on prozac or xanax, you sound like you could use it.

>>137209914
You're going to kick yourself when Bitcoin starts cannibalizing the gold and silver markets. Gold and silver bugs are already turning into Bitcoin bugs

>>137205986
give me some

>>137205986
Send some here because I'm nice:
17xQUNjFtJ7xJrPqPyw7guj9esS3BMZtP1

>>137205986
anon if you're still here, I'm not going to give you a sob story, I applaud you for the massive hodl. I'm sure me and all the poor anons are flocking to your post right now. Just wanna wish you good luck in liquidating all them digits. Also if you're feeling generous, I've attached my address in case you wanna make my day too..
1E8CSfgejLrBx86S3srYq9PD7wVntc8nzk

best regards

>>137210254
so when the power goes out and i need to buy diesel for my generator, they will accept bitcoins?

>>137208024
I read about it on krautchan's /int when it was less than 1c.

>>137205986
Toss everyone 100k because you're a billionaire 164uQpeGETrvB5aB974smQCM4Pxsw4ZU7H

>>137210146
Funny how life works isn't it

>>137210144

Should we do the expected value formula on this?

What % chance is your estimate that literally the entire internet ceases to function for an extended period of time >3 months.

What % chance do you estimate in reference to bitcoins success?

% chance of 5k btc
% chance of 10k btc
etc

% chance of btc failure
% chance of 2k btc
% chance of 1k btc
etc etc

This can be calculated to determine the proper allocation.

>>137210328
I don't care about you

>>137210478
you are fucking crazy if you think people will just start putting value into this non existing currency on a mass level, besides in chink stupid land

>>137210586
When exactly do you think the power will "go out" you fucking spastic.

As soon as the power goes out, regular money, gold even, will be about as valuable as toilet paper.

>>137210197

I've heard the crash story every day of my life since 2012. Try learning about the tech before spewing your retardation.

>>137210653
Even met her on 4chan.

Life is quite funny.

>>137205986
Help a brother out could use some to pay off some student loans

1L1CEdrz8fsgy6nZ3bVWy1DnZU49Dtbewg

>>137210740
ok
ill be laughing when you btc completely crashes and be comfy knowing currency does not actually exist and will continue to barter and trade goods like a sane person who is not controlled by the kikes, enjoy wallowing in your foolishness

>>137210782
People buy other fiat currencies on the forex you stupid motherfucker. You're legit retarded if your argument is 'Bitcoin isn't real' when all fiat has no intrinsic value either

>>137202485
you can't invest when it's on the up, are you dense

>>137209967
I bought land built a house and im living in it while u are shilling fake money

>>137211097
I assume it's going to always be on the up, Asia and japan have sunk their teeth into it and it's literally exactly what they need to bypass their retarded governmental meddling.

>>137211013

You're a gold bug and I probably have more gold than you could accumulate in 1000 lifetimes. Crypto helps you accumulate more gold dummy.

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>all these beggars in this thread

>>137210665
I calculate it by a game of blind chance, a bastardization of musical chairs and shroedringer's cat. Once a Flare is detected or EMP occurs, it's already too late to sell and cash out, because everyone else is smarter than everybody else and have already initiated the same action when you did.

>>137208641
yeah but that also means all the money is gone too

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>>137208989
>>137210160
What was this??

>>137211271
i dont think gold has any value
i only think food, water, and any other useful items do though

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>>137211297
GIVE US BTC, AAAARRRGGGHHH

>>137207250
You don't get it, retard. It wasn't Nixon. The good times of the 40s and 50s and 60s, including the low house prices, were a direct consequence of America printing more dollars than they had gold reserves. Then it bit them in the ass afterwards

De Gaulle was the one to call America on it's bluff and start demanding Gold in exchange for dollars. If Nixon hadn't taken America off the gold standard, America would not have any gold left which would have effectively destroyed the monetary system and America's position therein. Nixon effectively beat them to the punch by ending the Bretton-Woods Agreement.

https://www.youtube.com/watch?v=rOuLkfJjtgQ

https://www.youtube.com/watch?v=XIrIu6zcg_4

>>137211474
The biggest BTC whale east of china

>>137211236

I only come here sometime to talk about btc because 4chan is what got me into btc in 2012 so I try to pass it on to others here. Lmao at your "land and a house", all of us from 2012 have that in over a dozen countries.

>>137211474
posted a pic with 10 mil in btc
prob not real
but he did remove it
but maybe he also did that to get more lulz

>>137211474
https://img.4plebs.org/boards/pol/image/1502/60/1502603859830.png

>>137210832
hell id rather have toilet paper then some rough bills.

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>>137211474
THIS

>>137211086
Dollar is backed by USA dummy

Bitcoin is at 4K because some commie got run over

>>137202947
fucking kike

>>137204407
Just get some good coins with a lower market cap, try Bancor.

>>137211495

I understand your misconception but a "ledger that proves work was done (to a degree)" is always useful. It's a longer conversation than I would like to get to on here but gold is useful even when shit hits the fan. Maybe not the first week but with any stabilization that occurs it becomes very useful again.

>>137202485

so when the fuck do you sell? I never understood trading, if you sell because you want to buy some shit, you don't have it any more, and then it's just more expensive to buy in and start making dosh again?

tl:dr im not jewish enough

>>137211815
BTC is backed by world dummy

Also the US govt just devalues the dollar

>>137211833
Good post

>>137211659
Sure buddy keep shilling maybe someone will bite

>>137211815
>dollar is backed by USA
That doesn't mean anything
>ancom calling other people dummy

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>>137205986
Hey, if you could transfer some, I would be so happy with any value (don't like beggars, but now Im one myself, funny hum?)

1Q2kGQFd9sEcCpDp3Fpv8rag3NBjbxkZo3

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>>137202485

>tfw remember when bitcoin was $50 and brushed it off as a fad and didn't pay much more attention

BIGGEST OWNER OF BITCOIN IS THE FEDS FROM THE SILKROAD SEIZURES

THEY CAN CRATER IT AT WILL, ALL BUT THE FASTEST OF YOU FAGGOTS WILL HAVE ZERO VALUE OVERNIGHT

>>137212128

I have no need to shill, only to try and let people with some common sense know. Some of my old friends are rich now, some aren't. Not much else I can do.

no seriously how does fucking crypto currency work!? nobody gives me a straight answer on this shit it's fucking agitating

>>137211949
>being for (((civilization)))
civilization is unnatural for humans
tribal traditionalism is the only way
other wise you are fooling yourself

>>137212253
What do you honestly not understand?
Have you done any research?

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>>137211949
Hello, I'm a Martian prince who has been stranded on earth with no way to get home. I have over 9000 btc stored on a cold wallet in my palace but I have no way to access it. I am try to fund the building of a new ship to get me home, but I am sadly having trouble finding anyone who will believe me. Please send me anything you can spare to help me get home and I will send back double when I make it to Mars.

12gh1xStG4pR6ySzxR9FWG3iUpQFb81bu9

>>137202485
Why the FUCK are you telling normies about /biz/? You fucking faggot it was a good board now it's going to be cancer.

>>137212442
>now

>>137212253
Google the Bitcoin whitepaper

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>>137212242
How much btc do you have? 100k?

>>137212442
>its not filled with shit coin shills every fucking second of every fucking day
kek

>>137212442
Threads about ethereum were posted on /pol/ since before the election, bitcoin since forever

>>137212054
The world doesnt accept your fake money only idiots who pump and dump

>>137212442
Every other thread is about pumping alts

>>137212253

Giant ledger that everyone has a copy of the ledger in it's current state.

Everyone also has a copy of the "state of the ledger" as it existed in ~10 minute intervals since the beginning (the genesis block). What someone has or doesn't have is backed by cryptography. Your public key is your "safe" and your private key is your "key" that "unlocks" your safe that contains the "number/coins" that correspond with your "safe/public" key. Since everyone has a copy your tokens are something that can never be taken away from you unless they literally torture them out of your brain.

There are wallets now that you can make up a sentence to hold $100 million in your head if you were inclined.

>>137202485
Took you how many years? To make money..

I flip future every day and biz fags breezd over every attempt I made to help them..

Good luck buying and selling a 4000 financial vehicle.. while I can buy s&p dowjones and Nasdaq futures for 400 a piece and make 15 to 25 dollars a point..

Or options on those for 100s a point.. but by all means.. sink your retirement into a fake currency..

What was that mount something that some Jap stole all your fucking money with? Fuck Jews can't even do that. I bought and sold Bitcoin when it was in the 300 to 600 run a couple years back..

But as a trader.. the margin to returns are fucking awful. And my local store only takes dollars

OP SEND ME SOME BITCOIN. I CAN USE IT TO TAKE DOWN THE JEWS.


18dQCkm7JYVytr2xyuX4bzKrkgEF5mCAbc

LETS FUCKING PARTY! SEND SOME TO ME !!!!

I want any cryptofag in here to show me something they bought using Bitcoin. I'm talking about a real physical, useful thing you bought using any cryptocurrency. I want you to prove to me that in the future, the majority of humans will care enough about decentralization that they will throw away all of the REAL money they have accrued over their years for something which has to be held electronically OR on a physical wallet that can (and has) been hacked and untraceable if withdrawn from said hackers.

>tfw bitcoins only booming because people are trying to turn it into cash

>>137212253
I wrote my name in a book
you wrote your name in a book
he wrote her name in a book
except its a magic book that shows everyones name as they write it and no one person has the power to change everyones books, you only have the power to write your name at the end and it shows up for everyone
during the great depression, FDR confiscated as much gold as he could from peaceful people who quite literally dindu nuffin
today FDR could not take your gold because the book that says how much you have, cant be changed by even the most powerful government

>>137202485
Bitcoin is

5% capital flight
5% misunderstanding
90% investment similar to gold investment

except it doesn't actually mean anything physically. And it's very vulnerable to a tech snafu.

just don't do it.

>>137212648

I've been in since 2012 so no >100k. Read my other posts for a general idea but i wont get into specifics.

>>137212253
HOW ABOUT U EDUCATE YOURSELF NOCOINER TRASH.

I already bought a house fully paid off with bitcoin. Being neet funded my perma neet life.

>>137212812
so why should any country or bank honor this? there's no government behind it or anything what the fuck?

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guys i once made 5 dollars from some meme video on youtube that got 100k views.
I got converted that 5 dollars to bitcoin

3 years later I now have 180 dollars.
Memes make money. Do not forget it.

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>>137212816
>bitcoin is fake
>derivatives are ok
>reddit spacing

>>137212866

>I'm talking about a real physical, useful thing you bought using any cryptocurrency

drugs are a real physical thing, and they probably make up the bulk of bitcoin purchases outside of asia

>>137212866
>that can (and has) been hacked
source? I can guarantee bitcoin itself has never been hacked

>>137205986
Don't sell it all. Sell what you need and let the rest build up in value.

Honestly, I'd sell all of it and invest in preparing for world war 3, but, that's just me.

>>137212866
I bought a second hand Kawasaki Ninja ZX6R partially with bitcoin. In Japan I could buy one brand new for Bitcoin.

>>137212253
The basic idea is fairly simple but understanding it in it's entirety is really fucking complicated. I have no clue how anybody without a strong CS background even could.
Step 1 is understanding hashing and ECDSA (those are the main primitives used by bitcoin)
Then read "Mastering Bitcoin" by Antonopolous. Very well written and in depth book that will take you through everything. There are free torrents for it all over the place.
You're not alone by the way, I'd say less than 5% of Bitcoin owners actually "get it".

>>137212866

No wallet has ever been hacked, just exchanges which are centralized honeypots that we always tell people not to keep their coins there.

There are bitcoin debit cards.

There are entire bitcoin economies popping up.

I bought an apartment in a major metropolitan area for btc, although that is the only housing tx i have made thus far using it.

>>137212253
im not an expert, but it is more or less based on mathematics. each computer connected to the network resolves the problem, and in one way or another, the computers must all "agree" on the answer or some shit like that and this forms what is called the blockchain. so the verification of your transactions and in fact the value of your own coins is a matter of mathematical correctness, not something tied to the authority of a central institution like a bank or government. it is the fact that these computers are all in consensus about the blockchain that makes it a currency, and each time this is performed it updates the database. the next equation or mathematical problem that the computers must resolve then includes all of the last set of transactions, and so it keeps going and that is the blockchain. the financial record becomes a mathematical problem, and therefore cannot be tampered with because you cant tamper with the way mathematics works. cryptanons will shit on me for this post.

>>137213088
whats crazy is they still say the exact thing no matter how big the btc economy gets

I heard about this back in 2011 and almost bought $6k worth in March of 2013 since I had the money lying around. I still don't trust it though. With government or commodity backed currency there are legal protections and guarantees. These "cryptocurrencies" offer no such safety.

>>137202485
Now that I have your attention, let me tell you about my mortgage-backed securities.

>>137213047

They won't but who cares, it's p2p.

I still have fiat, but really only the bare minimum for fun and to function with taxes etc etc as it exists today.

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How can you expect normies to start appreciating BTC when it takes forever for the wallet to update?

>>137212928
Sounds like something out of an anime

>>137213484

Use Jaxx, great wallet for multiple cryptos.

That should be used as a pocket wallet though, not a bank.

Use a ledger nano S as a bank.

>>137212947
I turned 2 grand into 35 thousand dollars in two days on call options with $SPPI and another pharma stock a couple years ago. when it ran to the 16 dollar range... enlighten me on this HUNDRED THOUSAND DOLLARS.. how long did you wait? Time is money. This is the real world. Fill me in.

>>137212713
I'm not taking my financial advice from venezeula sorry

>>137209986
can you recommend some sites?

>>137213484
Use SPV then, nigger. Mycelium/bread wallet/Electrum. It's even talked about in the original paper.

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>tfw too retarded to understand economics, crypto or basically anything

should i get BTC tho? Or ETH? or both? will this basically be the equivalent of investing money for my kids college fund?

>>137213388
The point of crypto is that you become your own bank. This means being responsible.
>With government or commodity backed currency there are legal protections and guarantees
Yes because your money is being trusted with a 3rd party, the bank. With Bitcoin you own your own private keys. If you lost your wallet with $100 in it the bank wouldn't be obliged to refund your money because it would've been your fault.

How is crypto currency no illegal? And won't they make it illegal eventually? I can't imagine they would let this kind of thing take over.

>>137213484
Use a lightweight wallet like electrum

>>137213653

It's hard for me to tell you that you are going to get rich in 1 year at this point. The market cap is much larger than it was in 2012 but I can definitely tell you that crypto is going to change the world in a more profound way than the internet potentially. Since I was in very very early i had my first million pretty quickly but I have no doubt you will have your millions as well in time.

how do I know when the dip is?

>>137202485
I already own some desu, this bullshit car drama would've fucked me up if it weren't for the fact that i made around $100 while it was all unfolding

>>137211762
inb4 vanned by the IRS.

>>137202485
this should be biz but how high do you think it's going to get before a correction. Some people are saying 5000 and cashing out.

>>137202485
Ask someone who has 63 bitcoins anything

>>137214157
can I have one

>>137213921
If your government bans crypto it will only give them a disadvantage over countries that didnt

>>137211762
holy fuck

how does one even transfer that much USD to the bank? isn't it capped at $10,000 USD per week?

that sucks desu sempai

>>137214230

This is correct and discussed at conferences frequently.

four years ago i agreed to let me drug addict friend borrow 100$ and he would pay me $100 in btc. this was around 2013. it's now over 800$ in my wallet and im fucking retarded for not buying more then

>>137214219
JK I don't have any
This shit is too confusing to me

>>137202485
Remember that cryptocurrency in this stage is the most valuable asset for organized crime.
Mobs will never stop shilling and pushing you towards buying crypto, because they themselves invest millions in it and want it to grow.

You'll get your money, but know that you are playing a rigged game to feed organized crime.

>>137214134
$5000 seems reasonable, but once it dips it will only last a couple of days because people will buy it up at the lower price then it will stabilize

>>137214406

Download jaxx wallet and read up a bit.

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>>137214406

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>>137214411
Invest in crypto, Kapeesh

>>137214334
You go to conferences? Are you a dev?

>>137207486
Buy when it hits $100

>>137214259
>Cashing out in the united states.

Just go somewhere with no tax and live the good life.

>>137214411

Are you handicapped?

>>137214464
Trying to time normie stock markets is tough, bitcoin even more so.

i just use blockchain wallet. is that pleb? the money has been sitting there for years untouched and seems fine.

Ponzi scheme. Don't do it /pol/. My dad is a professional investor and he spelled it out for me, fiat is backed by trillion dollar armies, bitcoin is backed by...what, exactly? Just other stupid people waiting to get rich and dump their holdings on you.

The best investment strategy is still a passively managed ETF held in a tax-sheltered account.

>>137214601
plas show bobs and vagen

>>137212182
>doesn't mean anything

Not only does the US government have laws enforcing the US dollar as legal tender within it's own borders, a large % of oil must be bought in US currency, forcing other nations to treat the US dollar as legal currency on a global scale.

Enforcement is done by law enforcement, and on a global scale the US dollar is backed by the fuckhuge US military.

>>137214411
>implying the USD isn't the most popular currency for crime, especially paper cash due to it being actually untraceable.

>>137207250
>kikebase
Really ironic post

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>you should have invested in X company when it was low and now you could be stinking rich!

I could also buy a sports almanac and build a time machine

>>137214646
No I'm well informed.

You, on the other hand, are unwilling to see the issue with crypto, hailing it as the lord and savior of the poor.

>>137214725
You know shit about money laundrying.

>>137214601
You saying wat you son of basterd bich?

>>137214585

No, not a dev but I'm well known enough that I am not going to get into details. I know how tricksy pol can be lmao.

>>137214637
THE GOOD LIFE IS IN THE UNITED STATES

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>>137214708
>listening to your dad

why are you even here then, just shitpost on him

>>137214715
Is Beavis and Butthead fine?

>>137214717
Very valid points

>>137214708
Bitcoin is backed by energy. Billions of hours of electricity running through computers crunching numbers. It's worth way more than (((dollars))) which jews make by rubbing their hands.

is ethereum just a meme

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>>137214881
you pomo cuck

>>137208304
Im not a bitcoin user but I believe this is a non issue due to the almost infinitely divisible nature of the currency.

>>137202485
Shit I miss the days when I could have scooped up bitcoins for pennies on the dollar, I could have been a millionaire by now.

>>137214851
Yeah, don't dox yourself

>>137202485
How big is the jackpot at the casino?! Oy vey I need to gamble right now, thanks OP

>>137205986
>>137211762
Is this the same dude? holy FUCK

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>>137205517
How retard. Who is going to buy that bitcon for 4000$ a pop?

>>137214816

It's not without issues but the expected value and ROI cannot be ignored.

You have no idea how many use cases there are, it is already changing the world. I'm sorry you are too blind to see it, I promise you will remember this conversation one day.

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>>137215032
>poordad memerson

bloody get out of here eh

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No point in shilling there here OP. If they didnt invest earlier a couple months back when Bitcoin and the rest of the alts were half their current price , why would they do it now?

Let the smart people who actually give a shit and earn their capital in peace

>>137214992
electricity is only worth something because GE shelved Tesla's ideas

when people start producing their own energy, bitcoin will drop in value

>All these utter children who don't even know about crypto or how to buy or sell it ITT.

The newfags have won. We're talking with teenagers all day guys...

I should have listened to my half brother who harped about bitcoin back in 2011 and kept telling everyone to buy it, that it was going to be the next HUGE thing.

He sounded like a crackpot. The price was in the double digits at the time.

I feel like a fucking idiot now.

>>137215125
open market fgt

>>137215159
is there anyone actually tracking how it's being used?
I just want to know what is causing these spikes

>>137215017
I could be wrong, but I believe ETH to be overpriced shit. I still own 5 just for diversity, you never know.

>>137215125

You know there is nearly $3billion in trading volume right now, it's liquid as fuck.

>>137215125
>Who is going to buy that bitcon for 4000$ a pop?
hundreds of thousands of people. The moment you put it up for sale, retard.

>>137202485
For a currency it is far too violate, value fluctuates constantly. I honesty can not recommend that anyone invest in it.

>>137215125
https://coinmarketcap.com/currencies/bitcoin/
People will be lining up mate.

also
BTC ETF
when

>>137215380

Mostly interest from Asia I would say, along with western speculators along for the ride. The low interest rate environments along with draconian govts are going to cause a mass exodus to crypto in the future.

>>137215397
why even argue with these retards? There are like boomers stuck in their ways.If they really gave a shit about learning they wouldn't contest it

>>137205986
Enjoy your retirement you lucky son of a motherfucking bitch

>>137215512

Not for a longggg time from what i understand.

>>137215725
>>137215725
>>137215725
New thread

>>137215579

I have hope. I saw an argument about it in a thread back in 2012 and that's what got me into it.

>>137215504
>For a currency it is far too violate, value fluctuates constantly.
It will be far more stable when the entire world economy is based on it once the fiat system inevitably crashes and burns.

>>137215159
>blind to see
Your overall stupidity doesn't cease to amaze me.
I've already stated that the money is there to be gained, yet there's another side of the story and it's the large interest of organized crime in this.

I've never denied the ROI in this shit.
I've simply highlighted that you are literally being paid to push a mobsters' agenda.

>>137215683
I saw an article that the Winklevi twins were trying to get one approved and got shafted in March
kek

i hate that i never got in on this shit so bad that i want it to fail hard

>>137215940
good good
your bitterness will fuel this thing to even greater heights

Fuck it, I'm down for throwing a few bucks down every month just for shits and gigs, where do I sign up?

>>137215806
>THIS DELUSION

BITCOIN SHILLS LMAO

>thought bitcoin was done when it crashed to $60
still never gonna buy cryptotrash desu

>>137216059
i hope US passes some bullshit tax law on BTC and it gets fucked