why

LUL FUG XDDDDDDDDD

Cause of incidents like mt gox where tons of bit coins are stolen/lost.

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>>137238331
The reason why its moving higher is because the general public is beginning to become aware of the run away inflation taking place across the west due to the corruption of the ruling class, who is printing money as if it were going out of style.

>Current money system is a scam and unfair!
>Let's change it to this bitmoney that value is based purely on speculation, that literally everyone can start a bitmoney of their own and which already is 95% owned by handful of people

>>137241645
Then don't store your coins with someone else mate.

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>>137238331
I did lel

>Earn 200$ in a week sitting on my ass
People STILL say that its nothing of value.
Stay buys wagecucks

>>137238331
>(((bitcoin)))

>>137238331
>shilling your ponzi scheme on /pol/

back to your containment board

>>137244882
>ID

Says it all really.

>>137238331
I bought a lot of Bitcoins, used them to buy LSD, speed and weed on the DNM. Very good investment, you should do the same.

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>>137238331
Lot of good it will do you if shit ever goes down. anything digital is fucked.

>>137238331
> ausd

Wait until the govt dumps the coins they took from silk road then legislates it into the ground to prevent turrism. Tax season is going to get interesting too. 50% capital gains for computer nerds who live with their parents.

>>137238331
I wanted to buy when they 1st came about, like all the good things in life though i forgot.

>>137238331
wow think of all the t-shirts and literally nothing else that's useful you can buy with all that digital money

>>137238331
The bubble will crash.
Its a pyramid scheme.

>>137238331
Why would I?

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>>137245237
>Goes down.

It's peer to peer you fucking retard. Whole point is that it's decentralized, no servers. It cant go down.

>>137244876
>bragging about earning $200 a week when you need most, if not all of it just to cover your higher electrical bill

>>137244876
>retard thinks bitcoin has any value

Mommy still pays your rent, kid, not bitcoin

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>>137246487
TenX works exactly the same as a devit card. You can buy from anyone that accepts visa.

>>137246790

It's crashes all the time and always comes back stronger. Buy the dip.

>>137246917
what if people stop valuing it?

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>tfw disregarded all of anon's bitcoin advice thinking it was a scam
>tfw could probably be filthy rich by now

Why didn't we listen.

I regret it every single day.

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I believe that the (((bankers))) are snapping them all up. That way they have the ball in their court once again.

>>137246487
>what is a DNM

>>137247077
>1 btc is literally and unironically sorth more than 3 oz of gold, and isnt subjrct to any kike manipulation or control

Are you retarded?

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>>137238331


Neet here will a 500 bitcoin wallet.

Cashed out 75 of them earlier this week for other investment purposes. Going to cash them all out and buy rental property duplexes when the housing crash starts with my coins.

Enjoy working your mcjobs for mr. shekelberg.

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>>137247110
It's the easiest way to launder money. Every time it dips, I buy more, there are hundreds of thousands of people like me doing the same. I will never sell. I have to go now.

Visit /biz/.
Buy OmiseGo and ethereum.

>>137238331
Was going to buy a car late last year, mate talked me into buying eth instead, best fucking decision of my life, have basically won the lotto.

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>>137238331
>h-here's one bitcoin, n-now give me 5000 dollars o-or 5000 dollars worth o-o-of barter
>...ummm no?
>o-okay..

so this... is the power... of (((kryto-currency)))... woah...

>>137238331
When you can use it to buy stuff you can actually use, then you might have something. But now you have to convert to buy most stuff and with any commodity you always stand the chance it will go down as fast as it went up. Mt Grok anyone?

Should I buy £300 worth on payday (Friday)? Can any jews confirm this?

That shit is crashing to $2,800 this week, mark my words.

>>137247323
You can flip gold in a heartbeat to almost anyone.
Getting money for btc is an arduous process because it has no intrinsic value.

>>137247110
They can stop valuing any other currency.

>>137247321
I'm pretty sure this is whats happening

even nation states are making bitcoin mining a thing

>>137247323
>le digital money is worth more than gold

bitfags are in such denial holy shit

>"me see big number on computah screen wow me make lot of money"
>cant actually buy anything with it

i have a million dogecoin on a hard drive
whats that worth nowadays?

>>137247537
Yes, put half in ethereum at least. Also: Visit /biz/, they know much more about this than /pol/.

>>137247542
Good, perfect time to dump a few hundred in then wait for the next rollercoaster cycle.

>>137247587
So does this mean that even if it's fucked in the long run, it's potentially a steady bubble to ride for a bit? They obviously intend to own 100% of the Bitcoins, so it seems like this would be the case. I've actually been messing around with bitcoin the past few days, I know I had 0.02BTC in 2014 and my wallet.dat has gone. Probably wouldn't be worth much but it's better in my (((wallet))) at the end of the day.

>>137247432
Are you diversifying with other investments or is all your money in memecoins?

How do you convert bitcoin back into real money when the price goes up?

>>137247681
>cant actually buy anything with it
you can sell for dollars, easily.

i sold all mine when it hit $1000 years ago, wish i had waited.

only brainlets think of it as a currency to purchase goods with. it's an investment.

>>137247899
On an exchange

no one wants to buy your poo coins mate. they are literal shit and no one will take them from you. can't wait for the crash.

Don't be sad, OP. Someone will buy your Monopoly money.

>>137247506
>I need it to be easier.
By then it will be really too late because every nocoin fucker will want a piece. What does that do to the price?
Also, you know you can turn 1 BTC into 2 in a week/fortnight right?

>>137247891
I'm about to put 20k in vanguard. I've earned 60k in cryptos this year. Mostly from ethereum, omisego, iexec, stratis and golem. I also have regular fiat account that gives me nothing.

>>137247899
Coinbase or kraken. Localbitcoins if you want cash fast but for higher fees.

>>137247403
500?
can you send me 1% so i can live for a year without working a mcjob?

I was going to 4 years ago but i couldn't find a straight answer as to how to trade it back for cash money

>>137247681
>cant actually buy anything with it
so uniinformed, I have one wirex account, it has 3 cards USD, EURO and GBP, i can transfer my bitcoin to either instantly and spend it, its actually easier to spend as money globally than anything else.
Why make comments like that without knowing the facts or are you just shilling against it?

>lost 2 coins in mtgox and deleted my wallet and forgot about it all

who has all those coins

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>>137248245
>shilling against it

Yeah, someone pays people to prefer real money.

>>137247729
0.45 BTC
or 2.5 k Aus bux

its actually 455 AUD more than that price senpai

>>137247681
>me see big money on screen wow me make lot of money
bought £1500 last year, have since withdrawn more than that and still have 3 btc.
you are literally either a retard or shilling against bitcoin

>>137248267
Me.

>>137247773
That's literally the only reason to """invest""" in Bitcoin just wait like 2 weeks for it to go $600 up then it goes $1,200 down and then repeat that same shit again and again, but some day it'll never go back up and all these gamblers day trading will see wassup.

>>137248442
send me some

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>>137238331
lol but anon i did

>>137248379
>real money

>>137238331
STFU aussiefag, USD or kys

NOCOINERS BTFO

>>137248379
>real money that only exists in theory under control of insolvent (((banks)))
top fucking kek you braindead goy

>>137248415
Who brought up bitcoin? A supporter, or critic? Who is the shill?

seriously ive made more trading btc in last three months than 5 years at asx. this shit is the wild west of capitalian right now

>>137248386
well, shit

i should find that hard drive

Question.

What happens if theoretically we get to the stage of true quantum computing where cryptography that would have taken the age of the universe to process can suddenly be done in realistic amounts of time?

How does mining work then?
How does one stop private keys being brute forced and having all your BTC stolen?

I'm not all up on the tech of bitcoins so maybe I'm being dumb.

>>137238331

Kicking myself I didn't buy any over the years. There were points where I was going to but just procrastinated. Gonna finally open a wallet now, but even 1 bitcoin is gonna be out of my reach, my only hope is that it crashes.

>>137248197
how is localbitcoin higher fees? you can just make a physical cash transfer in person. avoid all fees

>>137248531
already my initial investment back, literally playing with free money now, if that happens then fine, but that wont happen till we hit market saturation at when that finally happens you will feel so stupid if you didn't buy in

>>137248807
lel. you don't know it was double that last month?

>>137248891
https://theqrl.org/

>>137248901
The sellers there add a certain percent to the price as a fee. In Norway it's pretty low due to a lot of sellers who are friendly, but I know in some countries only assholes sell and add 10%.

>>137248757
Still waiting

>>137248891
It's being thought about. check out Quantum Resistant Ledger, they already solved that issue.

>>137249001
really? why was it that high?

>>137238331
I had like 300 USD saved up in BTC but I spent it all on drugs just before it started skyrocketing. Feels bad man

Bitcoin is a volitility play. If you are leveraged to earn money "investing long term" you will get a margin call when it randomly drops 30%.

>>137238331
Because its shit and it should fail. I guess I didnt account for the stupidity of man. Lots of people going to get burned when they actually do some research into what they just put their money into.

>>137247403
gimmie bitcoins

>>137249364
>actually do some research
seems like your forgot that part yourself

>>137243136
All money is based on speculation retard.

>>137238331
Wish i bought some when it was $30 or whatever some years back. Oh well such is life, maybe I'll have to do real work instead.

>>137248891
>What happens if theoretically we get to the stage of true quantum computing where cryptography that would have taken the age of the universe to process can suddenly be done in realistic amounts of time?
Vitalik Buterin explains in a youtube video that it's easy to counter this with a soft fork. There are several quantum proof cryptos already.

I bought nearly 40 BTC at $330. I'm holding until it reaches 20k.

No if, and or but.

>hurrr ure gona lose it all, just sell now!

Nah, the money I spent on BTC would have been spent on a new car or something, so it would've been wasted anyway, so I'm sticking to my original plan of holding till 20k.

>b-but it'll n-never reach

I bet it will.

>>137249255
It was a shit coin that got pumped hard after a year of slowly shitting the bed. happens alot with shitcoins. May-June was fucking insane.
soo many altcoins got pumped many 100's %
bubble kind of popped in July. now it is climbing up again.

Easy come, easy go. FBI decides that bitcoin is primarily used in dark web drug buys and cracks down on Bitcoin exchanges, Bitcoin will drop to $20 in half a day.

>>137249707
>I bet it will.
I see you like to bet a lot. not unusual with Bitcoin holders.

>>137244964
What makes it a Ponzi scheme? Genuine question.

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99% of bitcoins owned by Jews. They got the coins for free... so any price increase is them buying their own sale. "sell from account a, buy from account b." The liquidity is so poor that this can increase (or crash) the price instantly.

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>>137249897
Except russia and china have become VERY pro BTC as it's a better alternative to be backed by US dollar.

>>137250127
Are we due for another large spike?

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the tech is nothing special.

Why bitcoin and not litecoin? or any other shitcoin?

You're buying modern magic beans. Buy FB stock instead.

>>137238331
because the europeans are just trying to do what they did a few years ago with gold that they also tried with silver and lastly they tried with bitcoins

its a simple bait and switch short term investment strategy. look at how great X is doing. why are you so stupid lots of money to be made in X.
>then sell off after market or while another market is open

the reason it was less successful each time after gold was people caught on. you can watch the cash flow if you track all markets and know how to convert the wealth between units daily. its a euro trash scheme to save their collective asses and im not one for charity these days really. money goes to rich guys not starving kids anyways

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ONE COIN TO RULE THEM ALL

>>137238331
>WHY THE FUCK DID YOU NOT BUY ANY BITCOINS DAMNIT.

I think this every time I read about people who bought 5000 bitcoins for less than $30 8 years ago.

If I'd just spend $50 on them back then I'd be a millionaire.

>>137249707
Man i can guarantee it, sell like 38 of your btc keep the other 2 and give it to your offspring or someshit

>>137247321
I believe the same. There is no way that this thing can threaten the banking system and they are not balls deep buying all of it to manipulate it at will

>>137249897
Nocoiner.

>>137250238
I'm hoping for a drop back to 2500 so I can buy more. But everyone is saying 5000 will happen in 2017. No one can predict the price of bitcoin as this is a completely new field. But one this is for certain, literally anyone who has invested in bitcoin and held have made money, as the ATH has been pushed higher and higher for seven years straight.

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>>137249897
Oh sweetie. That's why you buy the chosen coin.

>>137247865
They don't even need 100% to bring it all down. They just need to have enough to dump an cause chaos so that people lose interest in it

>>137242559

T H I S

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That will enable real life assets (gold, oil) to be tokenized and create bancor ETFs.

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Bancor is literally unstoppable.

>>137238331
dogecoins are the best

>>137238331
I don't buy anything non physical.

>>137250022
It's not a Ponzi scheme itself, people can make Ponzi schemes with crypto.

A nigga even got caught doing that shit and had to pay $40 mil plus a $150,000 fine.

More on Ponzi schemes and crypto currencies: https://www.sec.gov/investor/alerts/ia_virtualcurrencies.pdf

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>>137242559
>>137251021
Pic related.

>>137238331
Good luck cashing it out, retard.

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>>137251364
t brain/coinlet

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>>137238331
>As of today 1 bitcoin = $5182.06 ausd
So go buy one if that's what it's worth.

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>>137251364
I literally just cashed out 20k USD. I'm going to pay taxes but they are optional if you know what you're doing.

>>137238331
missed the boat. by the time i started noticing this hsit it was $1800/coin, which was too high a buy in for my liking. Didn't think it would go much higher.

Oh well.

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>>137238331
Casual reminder.

This is on the front page of biz RIGHT NOW

>>137250518
yes, hindsight is wonderful

>not going all in on DGB
We are the digimarines

>>137238331
I never really looked into BTC. I did definitely miss the boat on ETH, was following it around when it was 3-4 dollars and was going to get some but was too lazy. But hell, that's the whole point of an investment, if it's obviously going to make money, no one makes money

What does /pol/ think about litecoin? Worth investing in or is it a bunch of bullshit? I have a feeling that Bitcoin is too clunky and has too many faggots hyping it up. It'll crash sooner or later.

>>137251632
proof?
do you know how to link to a thread or are you that much of a newfag

I actually remember when this shit first started. I even remember the thread on /b/ where someone was all 'hurr durr buy this shit' when I swear, it wasn't even $1 for a coin. Actually, I remember the night where it just kept growing from less than a dollar to hundreds of dollars. Well, maybe that's a slight exaggeration, but I still remember that night.

I even got the wallet and everything, but I can't remember for the life of me why I didn't buy any coins. I wonder what was going on in my life then.

One of the biggest wasted opportunities in my life. Goddamn if only I had bought a couple of thousand of coins back that very first night.

Fuck life man.

How long until the US, China and the EU shut this shit down. I don't see why the heebs would tolerate fags getting rich from speculation (literally out of nothing). Getting 400000% return of investment in 5-6 years is completely unsustainable either way.

>>137250806
Oh I definitely think it'll hit 5000 soon. People act like it'll drop to fucking zero when it does drop, every time. This is why I didn't buy any when I was on a shitty wage back in 2011 and I'm regretting it so much now. I have a much better job now (only £1300 per month but to me, that's pretty good) and I really regret not buying some. I'm tempted to buy a few hundred pounds worth on Friday but there's the whole gambling element to it. What do lads?

>>137238331
be me
knew about bitcoin before launch
tried mining when it launched
gave up due to slow connection and hardware and expensive power in this shit hole and no money spare to invest.
Could have spared $100 though
thought it would never go anywhere
bitcoin was like .01 of a cent or even less then
fml

>>137238331
>muh digital made up currency tied to literally nothing but wasted electricity
people who hoard gold and silver make more sense than you fuckers

>>137252325
Buy OmiseGo. 10x guaranteed. It will be the first project on Vitalik Buterins (writer of ethereum whitepaper) new project Plasma on top of ethereum. OmiseGo is already established in asia and has a contract with McDonalds Malaysia.

Is it possible to get into bitcoin or other cryptocurrency without needing thousands to invest? I'm a student wageslave currently.

>>137252377
Stable gains, good hedge when bitcoin is acting up. When BTCs bull run is over, invest into LTC

>>137252424
https://www.icoalert.com/
https://coinmarketcap.com/

It's not over. Do your own research.

>>137238331

What legit site can I cash in bitcoins for AUD though?

>>137252403
Are you literally retarded or what?

>>>/biz/3046164

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>>137252572
Do it. Both you and me know youre just going to spend it on video games and energy drinks anyway. Store it in a paper wallet and forget about it.

>>137252677
Yes. Look into transaction and exchange fees first though.

>>137252377
don't

>>137238331
PLEASE STOP ENCOURAGING /POL/ TO FLOOD /BIZ/ WITH THEIR CANCER.

I'M NOT DONE ACCUMULATING YET AND YOU'RE GETTING NORMIES INTO CRYPTO.

Also, don't buy Bitcoin. It's a shitcoin that has no use case or value. Buy Ethereum if you want something with a real future.

>>137251855
Indeed.

>>137252677
Yes, I started out with like 200 euros.

Bitcoin isn't like real money, it's broken down in millions of units, you can buy bitcoin with a dollar

>>137238331
>Bitcoin is new currency
>value depends on how much it's worth in fiat

hmmmmmmm

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>>137252927
But I want more of them to wind up in bancor threads

>>137238331
It's beanie babies all over again.

Don't be the last one holding.

>>137252850
You have done a pretty good job convincing me here. Because you're right. I spend a lot of money on vidya and (((energy drinks))) because I work 50 night hrs/week at ASDA and its' the only shit that keeps me awake. I could even buy £500 worth but it just feels so dodgy. And even when I have it, I'll be constantly worrying about whether or not to sell it now or later. Fuck me, why do I have to be such an indecisive cunt. I think you're right though. I could actually do something smart with just a fraction of my money.

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>>137238331
How the fuck does fictional currency based on 1s & 0s work, I don't fucking understand

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>>137253300
Don't worry anon. When the normie apps are released you won't need to understand.

>>137253300
Very, very simply put - it's because there is a finite number of them due to the calculations required to 'mine' a new coin. You can't just create them, and once enough people put their faith into it, it took off.

>>137252647
sounds like snake oil but they all do. I may throw down some cash for it, just incase

>>137248379
>federal reserve (((notes)))
>real money

TOP FUCKING KEK

>>137253213
It's recommended to buy bitcoin Dollar Cost Average. So buy for £100 every second week for five weeks, if you regret after the first week then just stop. You dont need to go all in at once.

>>137253300
Everyone with a bitcoin wallet has the ledger of every transaction ever made with bitcoin. It's as transparent as possible, and no one holds your money. You have it yourself either on your hard drive or paper waller/ledger nano s.

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>>137253742
>every second week for five weeks

Fucked that part up, but you understand what I mean.

>>137253742
have you ever actually used a crypto for a transaction?

>>137253983
Just for a mining rig. I see it as a store of wealth.

>>137254149
what's your view on precious metals?

>>137244876
>Earn $200 in 4 hours sitting on my ass at work
Better a wagecuck than a poorfag.

>>137253901
>>137253742
Thanks for the advice. I'm planning on quitting my job pretty soon so if I can get a bit of this banked for the future, I'll be able to rest easy. I've just started reading up on Etherium, but I'm still not quite sure what it is. I've seen a few people say to invest in it rather than BTC because it's young. What do you think?

>>137253300
>solve equations with preocessor rig (this is almost impossible now)
>get buttcoins (only 21 million possible)
>sell said bitcoins to schmucks
>supply/demand drives the price to skyrocket (20c buttcoins are now 4100$)
>if(when) demand dries up, because of obscurity, government ban etc etc, it collapses
>plebs on the internet think creating 80 billion(and rising) out of thin air is sustainable forever

>>137253300
like any other fiat currency, people's faith in it gives it value.

It can be used to buy drugs and other "illegal: things and avoid tax so that also makes it of practical use to people

It will go on for a couple of years yet at least I think before there is any serious attempt to shut it down, which may prove very difficult for authorities.

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my shitfolios performance

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>>137254234
Very stable. (Orange line is gold).

>>137254280
I started in 2014, earned just enough money to get me through the year, sold everything. Started again in january with ethereum. 900% gain on my investment. Now I've earned 60k usd this year, feels unreal. Ethereum is 45% of my portfolio. Watch lectured by vitalik buterin on youtube, he is very autistic in the early ones, but he's better at the recent ones. And yes he is young, but a true genius.

>>137238331
fuck all no coiners, instead of saving in the jewish chest you call a bank you could of bought bitcoin and made 100 percent profit without doing shit instead your .5 percent interest.

>>137247566
holy shit is this 2010

wake the fuck up dumbass

>>137253300
The blockchain is kind of like a ledger of every transaction (ever). Sending money to someone is just adding a new transaction to the end of the blockchain. Anybody can propose changes to the blockchain but every proposal is mathematically confirmed by others before it's added, similar to a verification check.

It's not much different to recording everything in a book using pen and paper. There's lots of maths to stop cheating but that's about it.

>>137238331
>b-but I wanted to be the one villager paying with gold in a mad max setting

>>137254924
boomers can't understand that BTC is arguably similar to fiat currency held electronically by banks. It makes them bothered and they start acting like fiat is gold

>>137255278
>inb4 jizya joke

*jizya joke*

>>137238331
i regret it all day.i was into bitcoins 2015 but didnt buy anything.is it still worth investing into bitcoin?

>>137238331
Because it's fucking impossible to turn my bitcoins back into real money without worrying about getting scammed or ripped off.

>>137255764
>is it still worth investing into bitcoin?

It wasn't obvious that it would shoot up to 4k by now in 2015, that's why you didn't invest. If someone told you 100% that you'd x8 your money or whatever, you'd have done it right? Why would it be different now? There's always going to be uncertainty because it is an investment

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>>137255955

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>purchased 10,000 bitcoin in early 2010 for 230$ on a silly whim
>completely disregard it for the past 7 years
>remember about it a few weeks ago
>sold it just a few hours ago
>51,000,000 AUD

And that's how i became a richfag from a lucky decision years ago.

Honestly just in shock, feel like this is a dream m80's

I remember sometime in 2012 when it was €40 or so for a coin and I thought 'wow, that's quite a lot'. I was visiting a friend in Austria at the time and he'd bought some. I swore when I got back to Ireland I would buy some. I never did. What a retard.

>>137255764
See:
>>137250127

a friend of mine has recently become a millionaire because he held on to a bunch of bitcoin/dash coin from when he mined/traded in the 2014 surge.

>>137256082
>>remember about it a few weeks ago

bullshit

>>137256082
If that were true, you wouldn't be sitting on 4chan. Also, send me €100k, thanks.

Buy high buy high!!!!!!!!!!!!!!!!¡!!!!!!

>>137256082

Can I have like 5k m8? Need it for a project I'm working on

I put £20 on my bitcoin account around 2012... and I lost my log in details since. How much should I have now? Is there anyway I can access the money?

>>137247036
That only applies to miners. Buying in hoping the value will increase doesn't require anything but capital.

>>137256943
Hardware wallet? Search through the hard drive for "wallet.dat". It's supposed to be in your appdata/roaming/bitcoin, but the wallet might have made a backup. If it was coinbase or something, then contact them.

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>>137256082
Newly richfag here again.

Post your paypalme and I'll send 5k to the first 20 people.

Honestly have no clue what to do with this shit considering I've never had much money

>>137257341
[email protected]

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>2017
>not in crypto

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>>137257815

Waiting for the inevitable big crash senpai. That'll be buying time.

>>137257341
paypal.me/inceberdann

>>137257341
paypal.me/ridgwayhancock

>>137257341
paypal.me/simongg7

If this is true anon...

>>137257341

paypal.me/mcmeevin

If you can do this you're a legend!

>>137258008
>>137258100
damn you brit cucks beat me
cheers if he's legit

how could you forget you have BTC laying around somewhere? It's been big in the news for the last two years. That didn't trigger anything?

bitcoins are worthless, they're only that high because demand is so low

you can put a big price tag on anything, but if nobody's buying then its worthless

>>137243136
It's owned by the Chinese. They have freaking bitcoin farms. They control when it crashes. Anyways you can only buy like half the things online with bitcoin they are regulating it heavily making it useless.

>>137257462
>>137257678
>>137258008
>>137258100
>>137258260

0.00001 shekels have been deposited into your account :^)

>>137257341
yooo
paypal.me/heavybiglobster
thnx dude

>>137258565
>>137258410
>>137258315
>>137258297
>>137258260
>>137258100
>>137258008
>>137257678
>>137257462
are you serious?

i have a friend who'll pay you $10k, just deposit $500 in my bank first bro

>>137238331
Son, every month there are hundreds of stocks that get 100%+ return. What are those stocks? I guess we'll know when you create a thread called WHY DIDN'T I INVEST MY MOMS INHERITANCE INTO POOPCORP.NET. Very easy to invest in retrospect. Good luck finding that stock now though

>>137250077
actually most of the BTC are owned by the chinese, they do the most mining.

>>137249467

"All money" is supported by something more than collective "reeeee" of libertarian neckbeards.

For example, American Dollar is supported by oil, and american army bringing democracy to everyone who will try to step out of the line and declare that American Dollar is trash.

>>137257341
- paypal.me/davidclane98

are u for real?

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>>137258541
Not even 0.00001 shekels

>>137259096
check your balance in israeli shekels, I got the 5k bro

>>137257341
[email protected]

This is probably bullshit, but no harm in trying, if real you're a living legend

>>137238331
WE DIDN'T LISTEN

>>137259025
Are you people retarded? Are you doxing yourself? What's going on here. I can see your portfolio, mr art student

>>137238331
>Bitcoin is so great, we can get rid of the (((banks))) and stay anonymous
>Have to register on an (((exchange platform)))

>>137247403
>Cashed out 75 of them earlier this week for other investment purposes. Going to cash them all out
even though this is bait, i'll bite.
where/how did you cash them out?

>>137259593
:( what do u think of it

>>137238331
Because I invested in precious metals and good ol American lead. Things that have retained value forever and things that someone else or an EMP cant wipe out.

>>137257341
paypal.me/Baconpaste

Or this, sorry, I'm stupid

>>137259955
he was kidding around

stop it already

>>137259946
Congratulations Anon, your investments are good for the economy unlike those idiots investing in hot air.

>>137257341
paypal.me/SMair

>>137247927
>you can sell for dollars, easily
ok, where?

>>137257341
worth a try, thanks m8

paypal.me/polt

>>137248267
>who has lost coins
Coins that are lost are the same as unused
Coins that are unused drive up the price of the remaining coins that ARE in use.
This is why central banks can't 'buy up' all the coins - the more they buy, the more the unbought coins are worth

For fucks sake, if you want to shill your coins you have to spoon feed all the babbies

Tell us exactly what to do and people will buy at ATH

>>137257341
pls paypal.me/tendingtomymemes

>>137238331
because social security wouldn't pay me anymore if i did

>>137257341
Papal.me/megaxz

>>137251581
that pic is literally me

>>137262583

Me too.

>>137238331
How many bitcoins would it take to buy Australia?

>>137248197
Nordanon. You're based. Point me to some basics references for crypto investment. Most youtubers I follow are retards.

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>>137238331
I did.

Made a cool $100.

You heard me.

>>137256146
Should I trust my personal info to Kraken? Seems...fishy. What tier are you on?

Can any of you fine people point me to a good place to start learning how to invest in in this?

>>137246917

>sell dogecoin

DELET THIS ;_;

>>137247323
Are you retarded?

>>137260133

What do you mean where? Are you retarded?

Anywhere you buy Bitcoin you can sell it. It's just like trading currency. Also anywhere you can buy online you can pay BTC.

I just made 600 off of the recent boost to LTC. I just sold it from my phone and had an extra 600 bucks in my account.

>>137249173
What are you insinuating?

>>137251206
So?

You can make a Ponzin Scheme wih any currency.

How does that make crypto any worse than other currencies?

>>137259844
You can just sell them from anywhere you buy them.

>>137247464
What does this even mean?

This is how I know people on this site are retarded. The amount of people in this thread just parroting stupid shit they've heard somewhere else is astonishing.

Is this shit still worth getting into? I regret not getting into it when prices were stupid low and we had regular threads on /g/ about it, but i thought it seemed fucking retarded.

I didn't find libertarian values until I was in college so I never would have believed it :(

wtf this coinbase bullshit is telling me my identity is verified but keeps asking me for id to verify my payment method

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I think the naysayers just don't understand how bitcoin works.

In other words, they're retarded. I don't work, live comfortably, no outside help, and it's all because I got into crypto very early in it's life.

Keep being idiots; I'm laughing at you.

>>137261869
Download Coinbase. Wow soooo difficult.

>>137267666

This.

I was making fun of nerd e-money until last month when I read about the underlying technology


Not only will blockchain and smart contracts change the internet but business and finance itself.

This is the most important change since the beginning of the internet

>>137241645
Then don't keep your coin on an exchange you sub 80IQ retard.

>>137267666
Exactly this.

It's ok though. Currently everyone's starting to trend towards more privacy. Once people realize what crypto actually is and how it works it's gonna continue to increase it's value.

>>137241645
use a hardware wallet like trezor or ledger nano s.

>>137268162

You got it. They just don't know.

>>137242559
I don't think so. The masses have shit for brains.
It's just a bull run. It will probably hit 7k, then drop back to 5-6k.
I still think bitcoin will be 10k by years end though.

>>137258512
>coincards.ca
you can buy any gift card with bitcoin in Canada anon
>purse.io
you can buy anything of amazon with bitcoin with up to a 33% discount, I've already saved hundreds of dollars.

>>137244013
It's hardly worth explaining it to people like him. If they haven't figured out the difference between an exchange and a wallet after all these years...

>>137268162
I bought in at $25 and have held ever since.

There are actually two changes: the blockchain, and Bitcoin, and I believe it important to distinguish between them.

The blockchain is that which disintermediates and causes such rustling of central bank jimmies.

The bitcoins themselves are a single use of blockchain tech. Paying for transfers are already up at $5: what is the use case when paying is up at $500? Large transfers - buying a house funds, etc. Not buying a can of coke. Some other alt will do the can of coke.

I hold btc because I think people will want to conduct yuge transfers cheaply than buy cans of coke cheaply

>>137246487
>a fucking leaf, every time.

>coincards.ca
you can buy any gift card with bitcoin in Canada anon
>purse.io
you can buy anything of amazon with bitcoin with up to a 33% discount, I've already saved hundreds of dollars.

>>137252617
One of the more painful stories.
I knew a dude who bough 7 grams of weed for 50BTC.
Hes depressed now and still smokes weed.

>bought DGB
>DGB and everything started crashing
>barely escape to BTC
>BTC crashes
>was in the red for a month
>finally evened out again
>get off BTC
>two weeks later BTC goes up $2000
Well then

>>137253300
Brainlet detected.

>>137268410
Wallet. look it up>>137268578

>>137270018
you're doing the /biz/ way right anon.
how many more times, BUY HIGH SELL LOW

>>137267666
>Still wasting your life here instead of enjoying your money
Seems legit

>>137252628
its better then kike inflated fiat

>>137270553
I have never made a profit once, I haven't lost anything either.

>>137238331
>WHY THE FUCK DID YOU NOT BUY ANY BITCOINS DAMNIT.

Because crypto currency makes me nervous and i didn't want to risk it.

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>>137269817
>he smokes weed
>he's not smart
Gee, who'da thunk it

>>137257341
paypal.me/bitcointothemoon

Anon you better be trolling

>>137238331
Fucking Bitcoin.
I wanted to buy a few coins just as a gamble. I didn't buy them.
Their price increased and I regretted not buying Bitcoins. Welp, too late, I can't buy them now.
Then their price increased again. And again. And again.
Never bought them, and now their price is so insanely high you have to be insane to buy the fucking coins, yet it will still keep growing and next month I will be whining again about how I regret not buying them.

Sam Hyde can't keep getting away with this.

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what the actual fuck is this coinbase bullshit. why does this shit not fucking verify, verified fucking identity to enter payment details which need identity verification which was complete to enter payment details which need identity verification to enter payment details FUCK

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>>137238331
>hurr it's a ponzi scheme!!
>please stay loyal to your jew bankers

>>137271764
Coinbase is fucking terrible to work with, too bad there are not many alternatives in europe.

>>137257341
paypal.me/Saenz898
I love you forever my family will benefit greatly from this

>>137238331
>WHY THE FUCK DID YOU NOT BUY ANY BITCOINS DAMNIT.
Because we know the fucking kikes are going to take it over like they always do.

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>>137257341
paypal.me/underrr

>>137269817
7 grams?

ouch.

Oh well, I've learned other things in the time and now have a bit of cash spare I can afford to invest so I think I'll get in on the next dip.

Got a few litecoin around still, and a little bitcoin, think it was about 500 when I got that so I've made a bit anyway.

It will go on for a good few years yet I think

>>137271723
Same story in many ways.

>>137272397
Got any good alternatives?

>>137238331
because it's touted as a currency yet it functions like a speculative asset.

also, can't covert into hard cash and at best into assets which lose value on resale

>>137274026
Bitstamp

>>137274026
Craigslist

>>137238331
>tfw spent 500 euros on bitcoin two years ago
>tfw selling next week
I cannot wait for my suffering to finally end, /pol/.
I'm going to buy a small house and a Mercedes W 124. I'll do it up and maybe buy other things to fiddle with. I'm finally going to be happy.

>>137274347
it is used as currency.
Not as much as for speculation at this stage but it does have some uses that make it a viable practical alternative to banks and their fiat debt money, that gives it real value.

>>137274663
Well done, be happy and free anon.

>>137251581
reminder that if you made minimum wage and invested every spare dollar in bitcoin since donald trump was elected you could've retired

>>137274663
that's about 10k now anon.
not bad but unless you mean a really fucking small house you might like to sit down.

>>137274663
sue fintan

>>137269015

It's blockchain technology is simple and secure but limited for VISA type daily transfers

I think bitcoin might become the next gold as more robust cryptocurrencies replace dollars

One bitcoin might even be worth a million dollars someday...no one knows

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>>137238331
Is it too late to start buying now? I've never had any money to spend on this sort of thing until now when I graduated and finally started working

what makes /biz/ so sure that coinbase won't end up like mtgox

>>137275892
no, it's probably better than putting your money in the bank or stocks and shares, but be careful and don't invest more than you can afford to lose.
hold on the dips, keep a diverse portfolio, sell off some profits into hard assets for protection against it crashing totally or being shutdown by authorities.

>>137275892
wait till the next dip though

there'll be a profit taking correction in the next week or so I'd say, buy then.

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I feel poor

paypal.me/djmerc

>>137274829
name me a currency that has a 4000:1 ratio to what is considered the global reserve currency.

Hint: You can't

>Sir, your coffee today comes out to thiry four 10 thousandths on a bitcoin, have a nice day

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>>137277194

too scared to ask on /biz/ but how does bitcoin raise in value so much over small period of time?
how does it gets its value?
when people say they sell bitcoin does it mean you can always sell it no matter what? and to whom? who gives you actual fiat money for bitcoins?

>>137274663
>tfw spent 500 euros on bitcoin two years ago
>tfw selling next week
>I cannot wait for my suffering to finally end, /pol/.
>I'm going to buy a small house and a Mercedes W 124

Just remember to pay your taxes when tax revenue will ask where did the money come from.
Because they will eventually.

bitcoin is just a testrun for cashless money the new world order is planing to do. this digital money is worthless value, they will present it as attractive to lure you in based on ur greed. then after you like it and made lots of gainz, they will chip it to your brain and you wont be able to buy or sell without it and become total slave and they can turn of your chip if you dont do what they tell you.

My friend just bought 100 dollars worth of it and set his account to buy 3 dollars worth daily from here out. He's been thinking of doing bitcoin for a while but the surge convinced him. Should i do it anons? How much do you think I'd make in like 2 years time doing it like he did?

>>137277474
but isnt money already based on nothing? gold standard was terminated decades ago...

everything works on "mutuar agreement" and supply/demand right?

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Post yfw you didn't 'fall' for the bitcoin 'meme'
>mfw could have made a fortune
>fell for the 'meme' meme

>>137277615
this, all mony is made up not. with BTC the power is in the hands of the people not the kike bankers

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>" In September of 2016, Valve President and CEO announced they would begin taking bitcoins as payments for games. But as of april 2017 the company has admitted it has yet to actually spend any of the bitcoin it has received due to the inability to actually spend it themselves "

http://der-fuehrer.org/reden/english/35-09-13.htm

>>137277194
Yeah while you're whinging and moaning and doubting others are getting free from the (((banks))) with this thing, more power too them.

I wish I had of earlier, I'd be very rich now if i had put a couple of hundred in when I first heard of it.

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>>137277777
WASTED

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wew lad$

>>137257341
https://www.paypal.me/Wojciech80

>>137277615
>gold standard was terminated decades ago...
Not Ruble.

Ahahahahahahahahahahahavgahahaahhaavabababavavavbavabaahah
*breaths in*
Ahahahahahahahahahahahavaahah

Look at all the fucking morons in here! I bought 100 dollars worth of but coins back in 2013 and just cashed out a few of them for 20,000

And all these faggots are still saying it's a scam!

bUahahahahahahahahahahahavahahshshshshahsvsbdjjddbdbddjudud

Stay retarded you dim witted fucks!
>be me
>laugh my ass off to the bank while dumb fucks on /pol/ still think it's "literally nothing"

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>>137277661
>mfw I had 20 bitcoins when it first came out and was worthless
>thought it was cute but useless and lost wallet in reformat years ago

>>137279413
many similar stories no doubt.

>>137279692
I know it's too late to get into bitcoins, are there any other up and coming memecoins worth checking out?