>he missed out on Bitcoin >he missed out on Ethereum

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>>37629224
Whats a bitcoin or ethereum? they sound dumb.

>>37629224
should i buy bitcoin or ethereum? i have the money for both

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>he's an amateur currency speculator
>he asks /biz/ when to buy and sell

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>>37629286
>he doesn't go to /biz/ for the best memes

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>he buys fake money on illegal Hungarian black market website to store it in a digitally painted wallet using the advice of the Mongolian drugaddicted caveman painting board

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>>37629343
>he hasn't embraced his inner juden
>he uses the <longwinded adjective> board format as a synonym for 4chan

>>37629284
Get some ethereum, waves, golem and gup and hold for the long run. Don't check the charts every day, only retards daytrade.

>>37629224
virtual money is gay

Everyone here forgot mt gox

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>>37630017
go fuck a brick wall

>>37630047
When mt gox happened it was the only bitcoin exchange in the world.
Now there's bittrex, polo, yobit, kraken, coinbase, bitfinex, and a few decentralised exchanges that can't be hacked.
If a second mt gox were to happen crypto would just take a bit of a dip for a week or two then go back to normal.

I'm putting my money on litecoin

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RRRRRRAAAAAAAAAAAAAAAAAAAAAAAGHHHHHH I TRIED TO BUY SOME BUT IT WAS TOO CONFUSING SO I JUST CLOSED THE TAB AND WATCHED ANIME INSTEAD

HOW AM I GOING TO EVER BE A BIG BALLER IF I CAN'T GET ANY BITCOIN

CAN'T THEY JUST MAKE IT AS EASY AS MAKING AN ACCOUNT AND CHARGING IT TO YOUR MOM'S CREDIT CARD OR SOMETHING

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Literally on my way to retirement at 26. Going to put a downpayment on a building and have multiple tenants making 4k a month passive income. Also collecting more btc to lend on polo and make 1k a month passive income.

>>37630498
dude how old is this picture. eth is now $100 more

Have any virtual currencies ever gone down, like collapsed from which they didnt go back up?

>>37629224
can't wait until this fad is crushed and all you niggers lose your money

>>37630523
Like 2 days i think. My digibytes crashed i don't want to look rn :(. Gonna buy more though tom.

>>37630684
Electricity
>can't wait until this fad is over

Automobiles
>can't wait until this fad is over

Internet
>can't wait until this fad is over

>>37630712
digital currency is like beanie babies
everyone thinks it's going to last forever but what can it actually do?
i can't buy groceries with it, i can't pay rent with it, i can't property with it
what's the point?

>>37630732
you sound like you haven't read anything about it

>>37630498
>Has $10k
>"on my way to retirement"

Lmfao

>>37630743
i've been following the trend since 2010
everyone always says, it'll be useful next year!
but there's still no use for it in 95% of all currency exchanges
all i've seen is governments get increasingly wary of it since they can't control it
that means they'll crush it in a decade or so

>>37630732
Eh, blockchain is interesting tech with a lot of potential uses.

The funny thing is that retards think that buying these arcade tokens is a direct investment in the underlying blockchain tech.

No thanks, I'll side with Warren Buffett on this one. Not to mention I'm not poor, so I don't need 10000% return to have any chance of ending up with a decent sum of money.

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>>37629224
I can't wrap my head around this shit honestly.

>everyone just making up their own currency
>printing money out of thin air

How the fuck does all this crypto currency currency just being shit out by everyone left and right not instantly depreciate because any average joe can just fart out their own brand of crypto and sell it? How does this not create massive inflation of all other crypto? How can something that isn't backed by any real world wealth but is just a line of code on someone's hard drive have any value at all?

Seems to me this is all just creating a gigantic bubble which has to pop sometime and might just be the biggest scam the world has ever seen.

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>was on /b/ at the time when people started mentioning bitcoin
>but was a stupid underage
>didn't know how unto bitcoin because you needed to download programs or whatever the fuck it just seemed complicated at the time
>now
>bitcoin being worth as much as it is right now

well fuck me

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>>37630844
i honestly understand your fer, however i'm going to take the plunge and invest in some low price volatile ones and wait them out desu. then ill just cash out when need be if all goes to plan, if not i lose a small amount and had some fun doing it.

what does it mean for a bubble to pop in market terms, never understood that term, i know it's not good and leads to a crash of some kind...

>>37630844
It's based on the idea that it will be adopted by normies eventually. Which desu it sort of must, although not necessarily with a currency available right now.
When that happens, most of the currencies will fade and one will survive.

>>37630732
Gold is like beanie babies everyone thinks it's going to last forever but what can it actually do?

How about literally change the way the world operates? When you give people the upperhand and the ability to control their currency and the ability to move around freely, suddenly gov are forced to improve unless they want to lose mass pockets of their population. This tech is still in it's infancy, it's constantly being improved about. Every sector can operate on the blockchain from financial to transportation.
>>37630781
Bitcoin is the only currency. Eth is gas that powers the network. Litecoin is also a currency but bitcoin is replacing gold. We see this at times like brexit when a large number of the population puts their money in bitcoin in times of financial uncertainty.

>>37630752
I've already cashed out and payed off all of my debt including my brand new car. In fact the money in my portfolio is all profit. I have amazing credit and a decent job. Combined with my crypto gains i will have over 100k by the end of this year. Cashing some out at 25k and buying a multi unit building living in one of u its and renting the others out. So yes I'm well on my way to retirement cuck.

>>37630844
You mean like how the u.s prints miney out of thin air? What is fiat currency backed by? Oh that's right nothing. Bitcoin is finite, no more can be made so it's a fixes supply.

I'm gonna buy some and then watch how the market drops instantly. Anything I touch turns to shit so here I go lads.

I either become rich or you all go down with me.

>>37631057
How much does it cost to put a down payment a cheap appartment complex?? Like 200k I assume?

>>37631260
4 units by me total cost is 120k. Another 12 unit building costs 240k.

what you actually should be buying is land with water rights. just a fyi from those in the know

>>37631287
Hot damn sound like easy money if you have the capital and can live conservatively. You think living in a four unit one and having no other income is feasible? I've been looking into buying property to rent out but I've been thinking more along the line of houses

>>37631057
What method do you use to cash in/cash out on each currency? Should one be wary of sites that ask for your identifying info for legal reasons if you're in the US (eg. Coinbase)?

>>37631336
I mean it all comes down to your expenses. I'm not puttimg all of my eggs in one basket which is why I'm gping to have other streams of income such as btc lending on poloniex and makimg money with my websites. Once I have the first building paid off I'll be quitting my job. Crypto market cap is just over 100 billion. Apples marketcap is 700 billion. This is a trillion dollar industry. Microsoft has made deals with eth and some other coins, this sector is attracting some of the brightest minds in the world. I love the fact that people keep telling me it's a scam or it's a fad, because I know I still have insane amoints of money to make before they pile in and hold my empty bags.

>>37631393
I convert it all to btc and send it to coinbase to direct deposit to my bank account in 1 day.