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I bought 5 bit coins 1 week ago, at the value of 3300$ 1 bit

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I bought 5 bit coins 1 week ago, at the value of 3300$

1 bit coin is 4200 right now, so I made 4500 dollars in one week, doing nothing but shit posting on pol.

Why aren't you investing in bit coins?
>>
I don't know how
>>
>>137420349
>coinbase.com
>verify your identify
>connect your bank
>buy bitcoins

takes 10 minutes tops
>>
>>137418754
>Know about this since Btc was 2200usd
>Still too poor to buy even one because argentinian

why live
>>
had 0.00234BTC about 8 moths ago
1 coin is worth 4200 now so in 8 months I made 7$
get on my level n00bs
>>
>>137418754
have you cashed it out yet?
>>
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>>137418754
I am
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>>137418754

Because I'm a broke loser with no capital/disposable income.
>>
cause its a jewish scam,
>>
>>137421630
get a group of investors/friends and pool your money.
>>
>bitcoin
>qwant
>brave browser

kek shills
>>
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>>137423000
Based UN gets it.
>>
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>>137418754

>Be me
>Mine bitcoins in 2011
>Store 200 bit coins and enroll in the army
>Be 2017 shit post on /pol/
>Read about bitcoin being 4200 right now

840k sitting on my pc with nothing to do

What should I buy first, pol?
>>
>>137418754
Back to your containment board.

>>>/biz/
>>
>>137418754
Nice be rich, get a tad richer scheme right there...
If you have that much to invest in the first place, there are better more secure way to invest than in some unpredictable cryptocurrency that's already been fueled by luck and magic for years
>>
>>137423399
Dont spend it. Now that you have money you should invest this capital, so it generates more money.
>>
Fuck off with your Jewish scam.
>>
>>137423399
840k, huh? Sounds like you can paypal me a g or two, no problem.
>>
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>>137423884

>Now that you have money

NIGGA SO YOU BE SAYIN I BE BROKE BEFORE?

FUCK YOU MEAN HONKIE!

YO HOMIE, CAN I BORROW YOUR FLAG I HAZ NO TOOTHPASTE I BE BROKE SO I NEED IT FOR MUH DICKKKKKKKK!
>>
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>>137423989

Yes problem!

1. WHO DA FOOK ARE YOU?!

2. GIEF ME YOUR WOMAN, WHITEBOI!
>>
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>>137418754
I has 50 bitcoins. I'm hodling at the moment.
>>
>>137418754
dont forget to put stops and dont be greedy and take some profits

I think there's a high probability that it's a bubble
>>
>>137418754

Meh, I do forex trading instead.

>wake up early for some reason
>check the markets
>click buy
>wait an hour
>make $210

It's not the world's biggest trading account, but I average $700/week from it, and another $300 from my part time job. I'm good.
>>
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>>137418754
it's a bubble.
>>
>>137423399
on /biz/, we call this larping.
>>
>>137425151
How easy is it fellow leaf? Do you have to know trends and shit in the market?
>>
>>137425918
>How easy is it fellow leaf? Do you have to know trends and shit in the market?

It's not too complicated IMO, but you do need extensive demo trading before you go live. I'd say a minimum of 2 years. Most traders I've talked to said it was around their 3rd year of trading where they really turned a corner and started being profitable (myself included).

The real bitch for us, is finding a good overseas broker. Canadian forex rules, especially on leverage are fucking retarded beyond all belief. For me to open a 1 lot position on say the GBP/JPY with my current broker (in europe), I would have to put down a $900 deposit. With a Canadian broker, I'd have to put down over $10,000 for that same position.

If you want some good traders to follow, check out forexfactory.com. Search for the forum Spider's Den, and follow everything posted by a user called Tarantula. He's a commercial trader from what I've seen. Also daytradingforexlive.com is solid. Lifetime membership for lie $400, and the guy running answers all emails.
>>
SOMEONE GIVE ME A RUNDOWN QUICKLY!!!
Firstly, once you buy bitcoin, who actually buys it off you in order to make money?
What can you spend it on?
Can you just "cash it in" again?
Fookin sick of wasting away at a shitty desk job when others are rolling in this crypto currency making crazy money pol.
>>
>>137426980

So youre saying you cant just "trade small" with <$100 or something? You gotta spend the big bucks or?
>>
bump for $$
>>
>>137420649
Doesn't sound very anonymous, isn't that what bitcoins are supposed to be?
>>
>>137427043
You use an exchange to sell it, same sort of thing as stocks.
It can be spent on a lot of random shot but you should think of it as a VALUE STORE. Not currency.
What do you mean by cash it in again?

>>137428010
No, look to Monero for privacy. Decentralization is Bitcoins objective
>>
>>137428010

No
>>
>>137418754
I bought Bitcoin every month with my neetbucks 6 years ago and wasted everything on Satoshi Dice. Sure you will probably make a lot of money if you never sell it, but it's still a fucking stupid investment.
>>
>>137427206

fuck this guy you can trade 0.0000001 of BTC on any of the exchanges just put what you can in and get some sick gainz.
>>
>>137428404
No, you are just a shitty investor, Norway. Since Trumps election the price has gone from 800 to 4300.
>>
>>137428247
Im a complete and utter fookin noob here so bear with me....by cashing it in I meant, like a token or something at an arcade or casino, that if you buy bitcoin could you just "cash it in" when you want and get its monetary value back in Dollars/euros....
>>
>>137427043

who buys it? other people on whatever exchange your using.

spend it on? not a lot currently but you can "cash" it out for whatever your local currency can buy.

cash it in? yes you need an account like coinbase or use local bitcoins which could take longer.
>>
>>137427206

Some places do offer micro accounts, but it would take forever to grind up that account. I aim to make 10% or more per month on my account. I mean, if xm.com was still taking Canadian traders, you could open up an account with a couple of hundred dollars, set it to maximum leverage, click buy or sell, and pray you're on the right side of the trade. To make money more safely with forex though, I'd recommend a minimum of $5k usd to minimize your risk. If you want to do it full time having over $15k usd would be ideal. You can run into like 10 bad trades in a row, despite how good your system is.
>>
>>137418754
It goes like this: It rises slowly over several moths, the media hypes it causing a bubble, it collapses, it declines slowly over several moths until it starts rising again, the media hypes it causing a bubble, it collapses. If you see a lot of news articles about Bitcoin: wait until it crashes and then stabilizes again.
>>
>>137418754
>>/biz/
>>
>>137428616
So when you buy bitcoin the amount that you purchase is added to your wallet. Your wallet is the identifier for your money in the public ledger known as the Block Chain. When on an exchange like Coinbase, they administer the wallets using their own architecture. If you make a local wallet on your computer you can hold your coins off of an exchange.

When you want to exchange your coina for fiat currency you would sell the coins on an exchange. The exchange will credit you fiat for the crypto and you could move the fiat back into your bank account.

Hope this makes sense.
>>
>>137418754
>I bought 5 bit coins 1 week ago, at the value of 3300$
>1 bit coin is 4200 right now, so I made 4500 dollars in one week, doing nothing but shit posting on pol.

Are you retarded? That's not how math works.
>>
>>137428616

Yes you can but that requires another step.

1: Coinbase or other exchange like them that links to a bank account and pays out in local currency

2: Localbitcoins or bitquick you can set it up to take desposits of cash to your local bank and pay people in bitcoins for a (((Fee))) of course.

So you sell 1 BTC for 4XXX but the price is 4YYY so you made money of the Y - X
>>
>>137421630
you do realise you can just buy part of a bitcoin you fucking nigger

>buy antshares at $10
>sell at $15
>day after they go to $45
>miss out on 10 grand

shoot me
>>
>>137428616

You can cash it in unless you find someone dumb enough to give you real money for fake money. That's the underlying scam of bitcoins . I challenge anyone to prove to me that you can convert buttcoins to cash in

>Protip: converting buttcoin to a variety of gift cards and then trying to sell those to people over the course of weeks doesn't qualify as cash conversion
>>
>>137428800
>>137428782
>>137428247


ok guys thanks.

Seems a bit complicated but I might go for it and invest small and see where it goes.

Anywhere I can read to get a general rundown of where to start and all that?
>>
>>137428571
Bitcoin started on /b/ did you know that? We used to send each other this worthless currency because it was fun.
>>
>>137429048
Thank you arithmaticanon.
>>
>>137418754
My government taxes the fuck out of it. Also it'll come crashing down soon enough, rather invest in something more stable than risk money in something equivalent in risk to a penny stock.
>>
>>137429048
I dont think he meant taking it elsewhere to sell, I think he was just asking about converting back into fiat.
>>
>>137428984
not him but I think your retarded.

5 x 3300 = 16000

5 x 4500 = 22500

22500 - 16000 = 6500
>>
Danish clowns on /pol/ offer trading advice
>bubble about to pop, cash out time
>>
>>137429109

*You cant
>>
>>137420649
>t. about to profit in 7-8 days when their coins finally deposit
>>
>>137429228
The price is 4200 not 4500
>>
>>137428939
ok cheers man
>>
>>137422037
muuuuuuuuhuuuuuu then you don't own it muuuuuuuuhuuuuuuuuu fucking jelly wanker
>>
>>137421630
Bullshit, Merval gave great returns the last 5 years, and you could start with as much PESOS as you want. You don't need to be rich to invest.
>>
>>137429109
You just trade it back to cash wherever you bought it.
>>
>>137429305

You can get automatic credit card deposits but limited to 200$ each week IIRC
>>
>>137429444

How many days/weeks before an actual bank account is credited with actual currency (eg USD) and at what point in between your sell and that bank deposit is the currency conversion calculated?
>>
>>137429382
Sure thing potato anon. As for a good place to start learning, bitcoin.org/en/how-it-works
>>
>>137418754
> 200, secured.
> Silver and gold, 4oz each.
> One Glock 17.

The contents of my safe.
>>
>>137421630
You can buy fractions of bitcoins
>>
>>137429672
It is essentially a money transfer and will take the same time. The calculation is always done by the exchange you are using at the time you pull the trigger
>>
>>137429109

This entire website is dedicated to exactly what your talking about moron.

https://local bitcoins.com/


Here is another

https://www. bitquick.co/
>>
>>137429672

coinbase took 2 days for $500 most recently
>>
>>137420349
You can find Forex Broker who offers Cryptocurrency CFDs
They also offer leverage, so you don't need as much money, only to cover margin.
>>
>>137428984

>buy five bitcoins at $3300 each
>next week the value goes up to $4200
>a $900 increase per coin
>900 x 5 = 4500

No, you are the fucking retarded one Mohammed.
>>
>>137429830
>>137429842

So if you have $2000 USD of BTC in your wallet right now, you simply login, click "sell", the transaction occurs instantly, and within minutes any bank account of your choosing is deposited $2000 USD?
>>
So here we go guys Im about to dive in. Could I start with 100 euros worth of bit coin or is that just a pathetic amount
>>
>>137429672
If you are customer on one of the exchanges, the bitcoin you sell get's converted into USD immediately. You then get a salary of USD on your exchange account that you can deposit to your regular bank account. The time depends. I live in Europe and it takes me several days for international money transfers.
>>
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'>>137418754
>I made 4500 dollars in one week

Every investor has 2 choices to make
- when to buy
- when to sell

Until you sell and lock in your profit you "made" NOTHING

Learn2 invest, newfag.
>>
Can you convert all of your bitcoins into USD with no problems?
>>
>>137430000

checked. Also, he's in the states, so the leverage rates aren't that great for him. Not as bad as in leaf land, but nowhere near as good as the rest of the world.
>>
>>137430124
No, money transfers take around 2 to 5 business days. That is the delay before my bank will see the funds.

I should have been more explicit.
>>
>>137430168
Start with whatever you are comfortable to set aside and watch grow for the long run. Do not expect to see the money again for a few years at least.
>>
>>137418754
You haven't "made" anything. If you sell now you will make a profit. But you will hold on until the price drops and panic sell and lose money cause you're a faggot
>>
>>137429842

To clarify because your special:

Either website you can make a post much like craigslist that you have BTC and want to sell for cash.

Someone who wants BTC contacts your sell listing and the BTC is held in escrow until the buyer goes to the bank you list and deposits cash into your account.

You verify that cash is in your bank and have them send a "no refunds" receipt for your records and you can even call the teller and say "hey did some guy some in and put money in my account? ok he did thanks" then you tell the website to relase the funds.

He didn't put the money in ? just cancel the order and you have your BTC back because he never had them in the first place.
>>
>>137429082
lmao same here nigga just buy DNT for now you dont wanna miss out again right
>>
>>137430445

That isn't ideal but it's not inherently suspicious. Can you immediately buy or sell any amount at any time to "the exchange" or are you required to Wade through buy/sell lists and make and offer and wait for another person to accept?
>>
Lads what are brokers?


Are they like the middle men or something? Got damn this trading shit is complicated.
>>
>>137418754
But I am OP, I have 1.35 BTC, along with 11 LTC and 1.22 BCH.
>>
>>137430070
Thanks exactly like I said expect I read the wrong price per BTC

>>137429331 great I took the wrong price from OP but my point still stands you add the proceeds and subtract the two.
>>
>>137430589
Kek this is a true post. Newbies read this and understand these words.

>>137430657
Sites have limits, Coinbase has a 10k daily buy limit and I believe a 10k weekly sell. The exchange will select an open wait at the price it adverts, charge their fee, and then credit you nearly immediately. Each exchange is different though. With coinbase I have waited 5 daya for my coins after buying, as the top wait.
>>
>>137430288
Ye sure, however pretty much all exchanges will charge fees. Putting lots of money into an exchange can be slightly risky, its advisable you don't hold any assets in exchanges for too long, the early adopters of bitcoin who used Mt Gox learned this the hard way.
>>
>>137430657

exchange is much like stock exchange except 24 hours there is no open or closing bell.

You place buy and sell orders exactly like a stock market
>>
I had 180 bitcoins back in 2011 when they were worth like 3$ each. I spent it all on lsd and mushrooms on the original silk road.
>>
>>137430338
true, but leverage can be your enemy if you don't handle it properly, I think US has 1:50 limit, this isn't bad at all.
>>
>>137430124

the transaction occurs instanlty but your bank like all banks uses ACH transfers which takes 2-3 days all the time every time.

However your account may post the money instantly but be pending until it hits and is actually there for withdraw.
>>
>>137430954

im outside US, my weekly limit on coinbase is only like $300... wtf
>>
>>137431279
Look for a European exchange. Its all about (((international banking laws)))
>>
>>137430954>>137431034

And I assume that there is a fee to deposit money into your account, make a transaction (buy BTC), then a fee to sell the BTC, then a fee to withdraw the funds into your account?

How much do all these fees add up to during he lifecycle of a transaction?
>>
why does coinbase take a $10 cut per transaction, thats massive. any other sites???
>>
>>137420649
Avoid Coinbase if you're a brit though. You can only deposit money and not withdraw.
>>
>>137431279

use another exchange. Honestly I am stuck with CB because I am in USA no one else can operate with US customers.

If your in EU you can use most any exchange
>>
>>137431095
Same. Bought BTC years ago for like 8$ a pop, probably had 20 of them for $160.
If I had just sat on them I'd have 80k... what the fuck.
Original silk road was cool though.
>>
>>137431395

the fees for trades are very low fractions of cents in USD.

The fees to "cash out" to a bank is usually close to $5 for me
>>
>>137428984
>Are you retarded? That's not how math works
SWEDEN YES!
>>
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Crypto is now. Welcome to the Future.
>>
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>>137431412
they have to get them shekels somehow
>>
I'd be careful with buying real bitcoins (vs trading Forex)
The Chinese push hard to sell Bitcoins to their new middle-class, the value of bitcoin is only supported by faith (lie) of it's value growing - we all know how sellers work, they'll tell any lie just to sell product.
It's a growing bubble. It will grow as long as chinese have surplus money.
>>
JEWISH PYRAMID SCHEME ALERT. If you want to make a real investment BUY GOLD NOT JEWBITS.
>>
>>137418754

because I made even more short-selling Hasbro
>>
>>137432342
why did their stock fall?
>>
>>137432455
barbie movie
>>
>>137431485
Is that the same for Irish?
>>
>>137429162
Proof required

Source
>>
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Crypto changed my life. Proof
>>
>>137432455

didn't meet sales/earnings forecasts. Also, they're overvalued imo
>>
Nice OP, let me just take my BTC down to the grocery store and buy food for my family. Oh wait....
>>
>>137418754
It is a bubble. . . Bottle Caps is when I'm caching in....
>>
>>137429243
>bubble about to pop
people have been saying this since btc was 5 dollars lol
>muh tulips
>>
Anons what ever happening to trump coin? Also, is mining really worth it?
>>
>>137432298
this, they can all dump to 0 at anytime, Its much safer going to government bonds and 401k knowing you wont get dumped on.
>>
>>137432696

read the thread idiot you can turn BTC into $ easily multiple ways.

Unless your so broke you cant wait 2-3 days for ACH transfers so you starve to death before the money hits your account because your an idiot and didn't plan ahead for the short delay that ALL BANKS HAVE
>>
>>137432662
Im glad that $2756.38 changed your life.
>>
>tfw you have spent 20+btc in the last 6 years buying LSD and mushrooms
Should have just kept em all
Guess I pay the toll for degeneracy
>>
>>137432696
convert them to fiat in coinbase, you stupid mong. There's exchanges
>>
>>137432736
>>137432927

The "bubble" popped a few weeks ago when BTC went from ~3000 to ~1800.

Well looks at where we are now an other week later back up all the fucking way and then some. I hope it "pops" again because ill get to buy more sweet sweet cheap BTC as I watch it moon again,
>>
>>137432974
>401k wont get dumped on

...what? The USD is only going to be the global reserve for a few more years and the stock market will collapse sometime within this decade.
>>
>>137418754
Send me a bit of your stock. I'm gonna inspect if you were sold the original product.
18XyEn8KSFSqtdjBwjyF4DsVfWhpDpPMXp
>>
>>137418754
>137418754
i dont believe in money.
>>
>>137432974

Yeah until you end up with your 401k drained because they had to pay for the pensions of the previous generation workers because your still able bodied.
>>
>>137433223
I'm sorry i dont support the digital jew tracking every transaction you do and it says there forever
>>
>>137432934
Chinese corps make deals with the state to subsidize power to their massive mining operations. Only mine shitcoins, not bitcoins.
>>
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>>137433255

Seems legit
>>
>>137433530
That in no way addresses my pointa about your retarded post. WHAT ABOUT ________
>>
>>137418754
Good get rich quick scheme.

All you need is a disposable $16,500!
>>
>>137432934
Happened*
>>
>>137432974
>safer
Noone is in btc because it's safe
>>
>>137425918
I have a Bitcoin tracker app which has a widget which shows its value in most centralized currencies

It was like €1600 for a day like a month ago
>>
>>137433832
Excellent point, as well.
>>
>>137433650 Great argument there. You seem to think the "digital jew" doesn't track your 401k withdraws or bank account transactions?

You probably think CASH cant be tracked but at the same time use your (((member rewards card))) with every purchase so they still track your shit.


Pretty much this>>137433530
>>
>>137433650
k, just dont get mad it it drops $1000 in hours. The government will never let that happen
>>137433387
so what? I diversity into real estate and gold, shit that actually have use in real life.
>>
>>137433895

This was because of the BCC BTC hard fork on August 1st.

Everything went fine with that so the market corrected price and its now higher.

FOMO and FUD were strong around AUG 1st.
>>
>mfw some newfag actually follows the advice of a random /pol/tard and loses all their money

you guys are sick fucks
>>
>>137432662
what app is that?
>>
>>137434051
Mate I think you got your post number references mixed up. I got your meaning though, and yes, these paranoid MUH PAPER TRAIL types are stupid.

>>137434192
Once again switching topics to avoid my actual critique of your argument. Fag.
>>
>>137429109
you just look for /pol/tards who want to get into bitcoin
>>
>>137434354
t. 16 post form this id shill to selling me to buy at all time high
>>
>>137434301
>implying OP is a /pol/tard
The memecoin shills that have been on /pol/ recently are /biz/ kikes trying to rip people off.
>>
>>137434192

>So what my 401k money was used to bail out a corporation or fund pensions I got my gold and my real estate!

Good stuff really
>>
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>>137418754
i mine ethereum. its the ultimate redpill. very profitable as well.
>>
Can one of you rich fuckers send me some BTC? I could really use some cash and I have a feeling there are some Bitcoin millionaires lurking.

I'm trying to impregnate my white girlfriend with my white seed but we don't have enough money to successfully raise a kid. We both got memed by student loans and are now working as adjunct professors. If we could pay off our loans we would have enough cash to create white babies. We are smart people and I personally have been posting on here with you guys for years

If you want to save the white race why don't you help out this white guy in need?
>>
First quads gets .1 btc
>>
>>137418754
How does bitcoin maintain value? Its a scarce resource, but why do people value it so highly?
>>
>>137435345
Forgot to mention: your post shouldn't be a "roll" post
>>
>>137418754
it's all going to come crashing down little autist
>>
>>137435145
>If you want to save the white race why don't you help out this white guy in need?
Prove it.
>>
>>137434354
yes they are backwards

>>137434711
buy don't buy no one really cares about you or what you do.
>>
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>yfw you are living at the birth of jew world order but have no kike coins
>>
>>137435397
money is just paper. a fiat currency backed by NOTHING. Investors have put a value on Bitcoin. thats all it takes...
>>
>>137435345
Give it to >>137435145
>>
>>137435397
speculation and hope that it will be able to actually be used as a legitimate currency one day. if that doesn't happen, it crashes
>>
>>137435453
thats what they have been saying for like 7 years...lol
>>
>>137435397
Because it's easy to buy drugs with and some people make moon money.
>>
>>137435533
while this is true, the ability to actually use money gives it a whole lot of value
>>
>>137435461
That kike is very upset we are using Bitcoin and not Bitshekel
>>
>>137435459
Give me a way to contact you privately and i can
>>
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>>137435783

> There is no capital without labor

This is a cool dogo
>>
Because this is a pump and dump and if I invest now I will lose all my money.
>>
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>>137418754
How can bitcoins Crash so we can buy them at 20 dollars a piece again like in the early 10's
>>
>>137435905
Post your hand next to a timestamped paper and then generate a new wallet and give us the address.

If you are white I will send you some shekels later today when home.
>>
>>137435397

Its value is the cost of the electrical power used in creating the current stock of coins and the same cost of power for the maintenance of the blockchain nodes.

Much like the energy cost it takes to create a barrel of oil gives it its USD value.
>>
>>137435345
CHECK PLEASE!
>>
>>137435397
>buying drugs
>buying child porn
>buying children for like 200btc for you to fuck
>buying torrents
The only people that i see using this shit are drug dealers, terrorists and pedos. You dont see someone using their credit card buying slaves right?
>>
>>137436113
The oil has a future, tangible worth, while BTCs value is based on a past expenditure of energy. Its different.
>>
>>137436271
>labor is worthless
>>
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>>137436206
That's why I never bought any back in 2012, when I first learned about it
>>
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>>137418754

The old school "Central Bankers" are going to be replaced by new school "Digital Bankers". It is a natural progression as Technology becomes more dominant.

[KB's: http://archive.4plebs.org/_/search/boards/pol.x/subject/Knowledge%20Bomb/username/anonymous5/tripcode/%21%219O2tecpDHQ6/]

Phasing out the Physical Currency and replacing it with Non-Physical Currency is part of a Globalist plan to make sure the public can't "hear and feel" what they earn again.
>>
>>137436206

The reason is the relative anonymity supplied by BTC in its infant stages.

You can cash out BTC to a bank and use for whatever illegal or legal means you wish you can also get a BTC debit card in places outside the US

> https://www.weusecoins.com/bitcoin-debit-cards/
>>
>>137436393
I am not saying that, I am saying the labor already happened and the currency is not based on any future labor bur rather past labor. It is inherently different than Gold or Oil, as they have tangible uses in the future outside of their use as a value store.
>>
>>137436271

I agree its different its just an easy example for people to understand the "value" behind it.
>>
>>137435345
Pretty sure there is some pretty simple script that guarantees quads/allows you to know the digits you'll get.
>>
>>137435345
k
>>
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>>137436113
This argument uses Karl Marx's discredited Labor Theory of Value. The truth is that something is only worth it's demand, not it's cost to produce.

You can spend 100 hours on a painting that looks like garbage, or you can spend 1 hour on a painting and sell it for a million dollars.
>>
>>137436774
Understood. I try to explain it to newbies as it allows global money transfers nearly instantaneously without a central authority to muck things up and set regulations like banks do. This is one of the conceptual pieces of BTC that gives it value as a trading medium and value store, IMO. The tradeoff is the past labor issue.
>>
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>>137437098
>it allows global money transfers nearly instantaneously
>>
>>137436590

Small correction: The labor is continuous when it relates to the transaction side of BTC.

The labor is on whomever maintains the nodes which power the whole transaction system without these "people" BTC would have no value since it could not be transacted.
>>
(((Cryptocurrency)))
>>
>>137435105
Whats your setup? Gimme deets, I've got enough cash atm to potentially build something worthwhile and access to a potential source of free electricity.
>>
>They put Jane Austen on the tenner to shut the diversity peddlers up
>Every unit of currency is now going to have to have a white male printed on it
>>
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You guys should cash out. The mountain jew is shorting BTC as of today.
>>
>>137437030

>Karl Marx's discredited Labor Theory of Value

Fuck please tell me someone else has used the same argument before marx on the same level Im no damn commie
>>
>>137437177
We can get technical about what crypto is actually instantaneous and which are quickly becoming slow, like BTC. My point is that BTC/crypto overcomes its tangible defects by providing conceptual advantages.

It is up to the implementation of the crypto to do that properly, however.

>>137437246
The labor is continuous, but the btc you hold is based on past labor in the grand scheme of it all. I agree with the rest of your post.
>>
>>137437413

> Bitcoinberg
>>
>>137437364
rig #1 : 5 gtx1060 6GB GPU
rig #2: 3 radeon rx470 4gb GPU
profit: $380/month
>>
>>137437717
Country? Is 380 net after your power bill?
>>
>>137437717
so a little over 1 eth a month? I have a feeling at this point in time the capital investment is probably not worth it. That's too bad. THanks though.
>>
>>137429082
So do you have to buy Bitcoin first and then you can exchange them to other crypto currencies?
>>
>>137437604

I'm not sure about this so please correct me if I am wrong but even if you stored your BTC on a hardware wallet the blockchain itself has to remain active for your hardware wallet to send those funds back out.
>>
>>137437905
USA. yes this is profit after electricity...skys the limit....ethereum has went up $100 in 2 weeks...
>>
>>137438060
Yes, changelly and shapeshift both do crypto conversions.

>>137438158
That is correct.
>>
>>137438060

> Sign up for coinbase
> Give them your entire identity and bank information
> Process to trade bitcoin wallst style
> (((crypto currency)))
>>
>>137438295
I have been needing a space heater for my Kombucha brewing...maybe a mining rig would be best lol
>>
>>137438060
Yes for instance:

Buy coins at coinbase transfer to bittrex then use BTC to invest in any altcoin bittrex offers an exchange for.

ANS was a good example. It was 7-9 USD per ANS but was about to be rebranded NEO. NEO is now 42-52 USD so that was a killer HODL if you had ANS before the rebrand.
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