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10573436 No.10573436 [Reply] [Original]

Is this the buy signal we’ve been waiting for?

>> No.10573440
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10573440

>> No.10573463

shut up you fucking wage cuck

>> No.10573469

hahaha, yeah, bitcoin was irrecoverable after 2014 too, and 2012.

>> No.10573477

This is great possibly the final shakeout!

>> No.10573479

>>10573463
That’s not a very nice way to speak to someone fren. Are you feeling ok? I’m not even a wagecuck.

>> No.10573482
File: 1.87 MB, 2568x1588, Screen Shot 2018-08-05 at 10.11.44.png [View same] [iqdb] [saucenao] [google]
10573482

>>10573477

>> No.10573484

>>10573436
Unironically yes
>>10573463
Dude chill

>> No.10573506

>>10573482
not everybody is a late adopter to crypto though, for most of us, the current price of bitcoin is well past "moon" expectations

>> No.10573608

>>10573482
Did you seriously screenshot a picture and then forget to cut out the hover over text at the bottom left? Nigga do you know how to right click save image?
Now I KNOW you are not only a boomer, but a retarded one at that.

>> No.10573645

>>10573436
Doing the opposite of whatever the Golden Boys think is a time honored investment strategy.

Same with Jim Cramer, if you just short everything he recommends and buy everything he tells you to sell on the day he says it, you would have made 50% returns since the start of the year.

>> No.10573694

>>10573436
Was GS ever right?

>> No.10573711

>>10573469
>the bubbles during the microcap penny stock days of 2014 and 2012 are totally comparable to the bubble of 2017, which was a global social phenomenon/craze with 24/7 wall-to-wall media coverage
>it's totally gonna somehow do that again, but x3, and within the next few months

>> No.10573727
File: 3.06 MB, 200x200, 1467952109738.gif [View same] [iqdb] [saucenao] [google]
10573727

>>10573436
>Spends 400m on a crypto exchange
>Haha! Sell goyim its never coming back
Reminder to always do the opposite of what the jew says.

>> No.10573736

>>10573711
yes goyim, your reasoning is excellent. sell all of your bitcoin at market prices on coinbase immediately.

>> No.10573739

>>10573440
what three definition?

>> No.10573753
File: 26 KB, 500x375, 1533517577552.jpg [View same] [iqdb] [saucenao] [google]
10573753

>(((definitions of usable money)))

>> No.10573770

>>10573739
>do we control
>can we make more of it
>see rules 1& 2

>> No.10573790
File: 3.62 MB, 4032x3024, btc-big-if-true.jpg [View same] [iqdb] [saucenao] [google]
10573790

>>10573436
yes btc will never ever come back
to sub $10k

>> No.10573844

>>10573739
>Medium of exchange
>Store of value
>Unit of measurement

You could make an argument for at least 2

>> No.10573894

>>10573844
actually btc does meet all the 7 of those.
durable
store of value
unit of account
portable
medium of exchange
fungible
dividable

>> No.10573910

>>10573436

Guys goldman sacks is professional. Tehy've manage capitals for dozens of years for you no problem. Banks your fren they give yo mony if you use savigs account

>> No.10573938

>>10573894
not fungible
dividable only to 0.001 as this is the tx fee

>> No.10573958

>>10573436
I wish Goldman ends up like Lehman Brothers, would be fun to see these vermins going bankrupt

>> No.10573967

>>10573910
>banks are fren
kek

>> No.10573979

>>10573938
tx fee is in usd not btc really. once btc price rises in usd the transaction fee lowers in btc. that's not an issue. also ln could make micro transactions very much a reality. we will see.

>> No.10573985

>>10573938
>not fungible
that's retarded. you can't show me a btc that is worth a different value than an other. in theory coins can be tainted but practically nobody would give a fuck.

>> No.10573992

>>10573979
basket weaving mongol, I have done more transactions than you have jerked off in your life

tx fee is in btc and it is 0.001, we had the promise of lightning to fix that and to make the satoshi relevant again and it failed.

There are only as many butcoins as there are tx fees. When you do the math, there are only 2 units of account per person on the planet.

>> No.10573996

>>10573985
100% not fungible, because it is not private, try and sell some tainted btc, you will be fucked and jailed and then fucked in the jail.

>> No.10574010

>>10573996
>try and sell some tainted btc
alright. send it my way i will show you how to spend it!

>> No.10574030

>>10573992
>tx fee is in btc and it is 0.001
but no nigger no first of all i have done fee-less transactions before so i know you are a fucking liar. i have used low fee and high fee never as high tho. and yes tx fee is based on it's dollar value. the miners are not looking at btc as an investment or a store of value for them it's just a commodity they trade. if the price rises tx fee will go down in btc. well unless the block gets so congested that it actually doesn't.

>> No.10574036

>>10573992
btc fees are supposed to be high as fuck, its the model. Its not supposed to be used as cash. Store of value is not a meme. Thats why the blocks are 1mb and they're gonna stay that way. Global reserve currency with fees in the thousands so you think it twice before moving a single sat

>> No.10574051

>>10573694
Depends if we talking about what he is doing or what he says he's doing

>> No.10574069
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10574069

>>10573985
Read up about "dirty Bitcoins" that are rejected in OTC due to nasty history. That's why Bitcoin needs Monero in the long run.

>> No.10574101

BTC is going down in the long run. As a unit of account it will be replaced by things like BNB and maybe even ETH. You cannot be a crypto currency and not be private in the current year.

>> No.10574106

>>10574036
>btc fees are supposed to be high as fuck
i'm totally not sure about that. btc fees only existed to keep spam off the network. they will slowly start to take over the miners reward but they should actually decrease in net btc value over time. if the miners get stubborn and greedy or the block gets too congested we jump to bch or a new fork no issues.

>> No.10574119

>>10574069
but dude i know at least 50 people that wouldn't even know about the taint and gladly buy dirty btc at even a slight discount. they don't care more than you care about a 100 in your wallet being possibly from a murder-robbery.

>> No.10574121
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10574121

>> No.10574128

>>10574119
the second one satoshi of these btc touches an exchange you will lose your account and all that is in it

>> No.10574142

>>10573958
It's a crime against the people that they didn't already go bankrupt.

>> No.10574177

>>10574121
This

>> No.10574180

>>10574128
>>10574119
It is not as drastic. Just think of the risk of being called to court to explain the situation, and your business and name being affected by the whole thing.

>> No.10574199

>>10574128
not likely not after they have been over half the world. not when you can prove they got to you in a legitimate way. nobody really cares about where coins come from.

>> No.10574206

>>10574180
hardly that with each transaction the taint gets diluted. it becomes impossible to prove anything after a dozen transactions. if the miners start caring about it that's a different situation.

>> No.10574224

>>10573463
Wow you just talk to people like that in the internet of all places?

>> No.10574313

>>10573645
theyve called every top since last year, so actually if you followed their word youd have made it

>> No.10574322

>>10573694
literally every time

>> No.10574517

> Useless memecoin started by a bunch of neckbeards makes (((only))) 0.3 % of global GDP

Thanks just sold 6 gorillion

>> No.10574559

>>10574036
>hurr durr Its not supposed to be used as cash
it literally says electronic p2p cash in the headline of the bitcoin whitepaper you mongoloid

>> No.10574755

>>10574559
well satoshi didnt really think it through otherwise he would've used other model for his coin. A deflationary currency will never be ideal to use as cash/currency. Thats why you dont buy shit with gold.
People think satoshi is/was somekind of god or genius. He is just a human and he made mistakes. He probably never thought it would take off like this (worth thousands) otherwise he wouldve realized it could never be used as cash

>> No.10574829

>>10574755
Well we have to wait some odd years to hear from Mr. Finney himself. Nobody else is Satoshi more than he is.

>> No.10575315

>>10573482
>I wish I had more fiat
but crypto is fiat... it's not backed by gold or silver

>> No.10575844

>>10574755
>deflationary currency will never be ideal to use as cash/currency
the us dollar was a deflationary currency for over 150 years and in that time the USA became the most prosperous country on the planet. you are literally dumber than pigshit and parrotting retarded jew memes

>> No.10575878

>>10575844
>hurr it worked for USA in the 1800s why cant it work in todays high tech globalized world??
how do i know you are another braindead ancap

>> No.10575930
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10575930

>>10574755
>He probably never thought it would take off like this

>> No.10575950

>>10575930
>in case it catches on
meaning he wasnt really sure
>if you could effortlessly pay a few cents to a website as easily as dropping coins in a vending machine
meaning he didnt foresee fees costing dozens of dollars. No one uses btc to pay a few cents, they use alts like LTC

>> No.10576066

>>10573436
>Is this the buy signal we’ve been waiting for?
yes gs have being doing fud on whatever they are buying since 1997

>> No.10576080

>>10575950
He really didn't expect it to be digital gold.

>> No.10576111

>just 0.3 percent of global GDP

What did they mean by this?

>> No.10576124

>>10576066
gs is the controller of the market. they arent making a prediction, but a statement

>> No.10576166

>>10576080
of course he didnt. But thats what it turned out to be because of the model he used. So instead of trying to turn btc into p2p cash, why not meme it into a global reserve currency? its even better for btc holders

>> No.10576168

>>10573727
This

>> No.10576330

>>10575878
>hurr durr losing 2% of my purchasing power every year is great because shlomo told me so
how do I know you are another braindead cuck.

>> No.10576376

>>10575878
>nobody will ever spend their money if goods become cheaper
>nobody will ever buy an expensive smartphone if you can buy it for cheaper the next year
>nobody will ever buy expensive electronics if they become cheaper all the time
>nobody will ever buy a new car if it loses value the minute it drives off the lot
>I like losing my value. sure deflationary currencies have worked in the past... BUT NOW ITS DIFFERENT BECAUSE [REASON]
this is why I hate living on this planet, because I have to share it with brainlets like you

>> No.10576397

>>10576330
nice strawman. I never said our current fiat system is fine, dumbass. But then you are ancap, brainlets like you think being against your ideas is being in favour of central banks and communism. Black or white worldview, just kys

>> No.10576414

>>10576376
you hate living with others period. Just go to an island with your drugs and weird fetishes and slowly kill yourself so we dont have to deal with degenerates like you

>> No.10576421

>>10576397
you dumb bozo said a deflationary currency is not ideal. well whats left then except inflationary money you absolutely retarded dipshit? Im not an ancap btw so nice strawmanning yourself you dumbass. dunning kruger in full effect.

>> No.10576448

>>10576421
get some gold if you want deflationary. In the real world money is made to be spent, and no it doesnt necessarily has to be inflationary. You could have a stable currency if it wasn't created with debt and charged interest on it, no need to put a hard cap on it

>> No.10576476

>>10576448
jesus christ you really have a brain defect dont you?
please explain to me how you can have a currency with no cap thats not inflationary. please explain how the gobernment isnt just gonna print more and more if they can. holy shit you dont even realize how stupid you are and just keep digging yourself deeper into the hole.

>> No.10576500

>>10576476
by increasing supply/production of goods and services in proportion to money being created, brainlet. Holy shit you gold/deflationary lovers are braindead, and then you have the nerve to go talk about jews when they also love your gold, theyve used it for centuries

>> No.10576508
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10576508

>>10576448
also
>money is made to be spent
yeah because you absolutely cannot spend a deflationary currency. its physically impossible to spend it. good lord please just stop it anon.

>> No.10576523

>>10576500
>the gobernment is just gonna accurately increase the money supply in proportion to the goods/services created
>there is no way that the gobernment would abuse this by printing infinity money... this has literally never happened before in history
>gobernments are fair and just and would never take advantage if they were able to print as much money as they want
you want to keep going on dont you

>> No.10576526

>>10576508
you can spend it, but it makes no financial sense to do so unless investing in something with returns, which is not how consumer money is being spent. Kys

>> No.10576534

>>10576124
Based and redpilled

>> No.10576538
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10576538

>>10574121
This
>>10574177
Checked

>> No.10576543

lmao
They're so afraid of people getting rich.
How do they explain it jumping to 8k the other day?

>> No.10576555

>>10573608
COMMAND + SHIFT + 4 is a lot easier man

>> No.10576556

>>10576526
dude you are literally so fucking retarded. I already adressed this above
It makes no financial sense to buy an iphone for a thousand bucks when you can pick it up for a fraction of that a year later. Yet faggots like you line up around the block at every launch.
It makes no financial sense to buy a new car when it loses half its value as soon as you drive it off the lot. Yet faggots like you keep doing that.
This "muh inflation nobody will spend money meme" is a fucking hoax created by jewish economists. You can debunk it in 5 seconds by simply thinking (I know you dont like to do that) about whats actually happening in the real world and how history has played out over and over. Just kys anon. Or please at least dont ever have kids.

>> No.10576583
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10576583

>>10573440
>usable money
>usury
Fucking 'bankers'

>> No.10576598

>>10576556
>yet faggots like you keep doing that
last time i checked we arent in a deflationary economy so it does make sense to spend the money asap. Again, braindead.
>gubment is evil they will print infinite money if you give them the power
thinking everyone is as corrupt as you is why your society is decaying.

>> No.10576607

>>10576598
>last time i checked we arent in a deflationary economy so it does make sense to spend the money asap

ok I give up
you are really too stupid to understand simple economics. have a nice life anon.

>> No.10576641

>>10576607
keep hoarding that deflationary gold like a jew until you kill yourself you waste of life

>> No.10576650

How is it a buy signal?
GS has much more impact than some pajeet like Teeka. If they tell their clients to dump, they will dump.

>> No.10576937

>>10573727
It’s seriously difficult dealing with brainlet a like you. Goldman funded Circle to buy poloniex.

Circle bought polo

Goldman didn’t buy anything

Goldman provides a financial service to Circle, of the cash variety, y’know, the same thing they’ve been doing for the last century

>> No.10577124

>>10573436
yes

>> No.10577576

>>10574121
Good logo

>> No.10577615

>>10576166
True. But this is why I think it’s not szabo. I think nick szabo would have seen it as digital gold.

>> No.10578280
File: 154 KB, 564x375, B30EB65E-EF25-482C-9431-FDCAFFC7B223.jpg [View same] [iqdb] [saucenao] [google]
10578280

>>10573608

>> No.10578311

>>10574755
Cringe and brainletpilled

>> No.10578312

It's always a buy signal whenever goldman sachs says BTC is dropping. Shit.. in July last year they said BTC "will do well but go to 500 or 1k soon." after that it went from 4500 to 3k and bounced to 20k. Goldman Sachs is the only lamestream rag you can literally take a buy signal from every time they say there is going to be a disaster.


If you pleebs can't realize the ETF is going to be approved and the rich people know this then don't expect people to feel sorry for you in a few weeks when you post how sad you are after you "sold your bags" and got WRE3kED

>> No.10578363
File: 231 KB, 858x651, Screenshot_20180806-193850.jpg [View same] [iqdb] [saucenao] [google]
10578363

>>10578280

>> No.10578486

>>10573711
>apple already went up in the web bubble, it was a global social phenomenon/crazy with 24/7 wall-to-wall coverage
just some perspective, anon. bitcoin isn't about becoming the thing you buy coffee with at starbucks. it's a hedge against fiat as a whole, not unlike gold and i would arguably say better than gold simply due to its ability to transfer wealth near-instantly and relatively cheaply. I do not understand why people still rely on a public ledger, though.
my iranian friend from high-school uses btc to send his poor-ass family money, for example.
you cannot do this in the us with any other service because of sanctions. examples like this will always give btc value, and truth be told, while many know about btc, few can even fathom use-cases like these, let alone own any coins or know how to operate a wallet.
wait a while, you will see.

>> No.10578545

>>10573436
Reminder that trumptards are the reason those kikes have more power.

>> No.10578551

>>10573910
>Banks your fren they give yo mony if you use savigs account
haha this had me cracking up, thank you. hearing people actually speak like this is hysterical, too. how do you think the bank can _always_ afford to give you your AWESOME return of 1.75% annually, sweetie? LOL

>> No.10578565

>>10573790
>bitcoin will be worth 22k by the end of 2018

this is going to need some updating.

>> No.10578574
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10578574

>>10573985
>that's retarded. you can't show me a btc that is worth a different value than an other. in theory coins can be tainted but practically nobody would give a fuck.
lol, did you even try?
here's some very recent news for you, and a friendly reminder that if you're not in XMR, you WILL stay poor: https://www.theverge.com/2018/6/27/17509444/dark-web-drug-market-money-laundering-hsi-dark-gold
relevant excerpt:
Melendez declined to give specifics on how the department had linked client wallets to drug transactions, saying simply, “there are tools and technologies that law enforcement uses to conduct blockchain analysis.” (Public records show that HSI’s parent agency spent more than $58,000 on Chainalysis tools in the months leading up to the investigation.)

Still, Melendez emphasized that the open nature of the blockchain made it difficult to hide drug money. “The biggest selling point for the blockchain is that it’s transparent. Everybody can see it. And we can see it, too.”
have fun with the taint, you're probably well acquainted with taints already.

>> No.10578604
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10578604

>>10578363

>> No.10578689

(((goldman)))
https://www.coindesk.com/goldman-sachs-is-reportedly-mulling-a-cryptocurrency-custody-service/

>> No.10578829

>>10578565
>t. doesn't understand non-linear log regression forecasting
do you see how the price has been both below and above the blue line in the past, but still overall, the price follows the blue line's trend? Well, that can happen going forward, too, okay sweetie?

>> No.10578850

>>10574119
people have literally bought "discount bitcoins" as you say and have gone to jail because of their origins.
fucking retard, do some research