/biz/ - Business & Finance

Fucking gross cellulute

>>5467793
>Is Bitcoin running out of steam?
doubt it but maybe
>and Crypto
not even close

Bitcoin, yes. Crypto is just starting. The big players will invest in serious projects next year.

>>5467825

>>5467793

Coinbase was a major point of entry for normie money, and the Coinbase fuckery over the last few weeks has absolutely burned people, as well as the people who got burned buying the ATH. If anything, Coinbase as an exchange and point of entry has seriously damaged "Bitcoin" which is how most people know crypto - as a brand. Same reason BCash does as good as it does - it's all in the brand name.

That said, the brand has been damaged. Combined with the new tax focus on crypto (regardless of how hard it may be to enforce) it's creating a lot of disincentive.

I'm just glad I got my money out of Coinbase while I could. Gonna go Mt.Gox all over again, no question.

Moron, price doesn't matter when it comes to crypto. What matters is the amount of people utilising it and that increases by the day.

>>5467793
Get your head out your ass.

>>5467868
That shirt is one of the worst things I've ever read.

>>5467793
who is this fat chick?

>>5467976
I've been waiting to get paid for a while now so I could invest in some crypto and now I'm ready, one anon told me do 50% bitcoin and 50% good looking alt coins
I suspect that bitcoin will have one giant last moon early in 2018 due to central banks across the world buying cryptocurrency

http://www.zerohedge.com/news/2017-12-17/2018-year-central-banks-begin-buying-cryptocurrency
https://www.cnbc.com/2017/12/18/central-banks-will-hold-bitcoin-and-ether-in-2018-blockchain-ceo.html
https://www.coindesk.com/2018-year-central-banks-begin-buying-cryptocurrency/

So basically at this point I just need to know how to actually go about the process

>>5468548
>how to actually go about the process

Have to find a Fiat -> BTC point of entry. Some places will do Fiat -> LTC or Etherium or some of the other big coins, but the main point is to change your money to crypto and then that crypto into the coins you actually want to hold. You may want to hold the ones you buy first - maybe not. Just depends.

Some hold BTC, but plenty here don't because they're looking for 10x moonshots or because BTC is (arguably) old tech compared to the things the smaller alternative coins can bring to the table. The difference is BTC has the brand name recognition and will for the foreseeable future.

As for central banks, I'm not a professional in finance, but I figure if I was part of a central bank and was concerned about crypto, I would do whatever I could to crash the market and then buy the crash. Assuming of course I didn't just buy or develop my own crypto operation and crush everything else. Could just co-opt an existing smaller coin. A lot of ways to go about it. But again, if I had the assets of a central bank, I wouldn't just be throwing money at the front door to get into the sector.