Go and ask a normie

[Anonymous No.13243885]

What they think about BTC/crypto today

Try not to influence their answers.

Post the results. Pic related, got that one just now.

[Anonymous No.13243898]

>>13243885
My dad consistently says it was a good idea but its time hasn't come yet.

[Anonymous No.13243901]

Based thread, very interested

[Anonymous No.13243910]

From a family member who knows I was heavily involved in the past:

>I occasionally come across news headlines regarding how volatile the crypto markets remain. I don't delve into these news articles at all as I don't fully understand them as thoroughly as yourself. I therefore am unaware of how valuable they are as assets or whether the bubble has burst and they are no longer seen as a viable alternative to other commodities.

[Anonymous No.13243912]

That the time to get rich of it has come and gone (I also believe this)

[Anonymous No.13243915]

>>13243910
The most sophisticated normie response ever

[Anonymous No.13243916]

My mom told me it was a scam the other day because of the fake volume. It's okay frens.

[Anonymous No.13243927]

>>13243912
Fuck you nolinker scum. You’re normie tier retard and probably have very little life experience.

[Anonymous No.13243953]

>>13243885
My economics professor, based Krugman told us it's internet funny money that only reddit-browsing milennial virgins are gullible enough to believe in and hope to buy tesla model 3 one day (because model S is too expensive for them). Yeah I go to City University of New York (CUNY) so....

[Anonymous No.13243970]

>>13243912
>(I also believe this)

why?

[Anonymous No.13243979]

lambo moon

[Anonymous No.13244088]

>>13243885
"i think im not ready for this paradigm shift yet"

[Anonymous No.13244155]

>>13243927
>>13243970
All the normalfags know about it now and it won't go higher

[Anonymous No.13244238]

>>13244155

"know about it" is very VERY different from "bought it already"
This distinction will be important in the near future.

[Anonymous No.13244884]

>>13244155
I do know some normies getting into it...but very few of them have actually bought compared to shitcoins like Litecoin and XRP

[Anonymous No.13244927]

>>13244155
people have been saying this since 2014 at least

[Anonymous No.13244930]

Its only used by criminals
It will be hacked
It was hacked
Its comparable to WoW gold
Why can't someone just copy them?
If you try to sell it and withdraw they won't actually send you money

[Anonymous No.13244932]

>>13243910
>I don’t understand crypto as well as you
>therefore I won’t read about crypto or try to understand it as well as you

That’s a bizarre line of thought but not really surprising. My normie family has little to no interest in learning about Bitcoin/crypto — their minds have already dismissed it as a scam, ponzi, fraud. They won’t even touch it and don’t want to know more about it.

[Anonymous No.13244962]

>>13244238
“I knew about Bitcoin in X” is the biggest normie cope ever. You hear this line all the fucking time. Every normie “knows about Bitcoin,” but in reality they don’t know shit and probably don’t really even know how to buy it.

[Anonymous No.13244965]

>>13244932
> tfw you can lead a horse to water but you cannot make him drink it

[Anonymous No.13244971]

You literally can't withdraw.
Eth is a mess.
NKN github is empty.
It's a clown world. Honk.
CSW is Satoshi.

[Anonymous No.13245007]

>>13244238
>>13244884
>>13244927
It went up massively because people jumped on the hype train.
The normalfags I know are too smart to waste their hard earned cash on internet meme money
One gullible idiot bought at the peak
Prices will stay within 3000-4000 for a while then maybe drop to 0 once the new meme money comes along or the government seriously fuck it over

[Anonymous No.13245014]

most of the time they reply with, "what is bitcoin?"

[Anonymous No.13245028]

>>13244932
>That’s a bizarre line of thought but not really surprising.

tbf, there are a million things in this world we could undertake to learn about, but we don't. Crypto is a mysterious, confusing and slightly unsettling world - like Finance in general but much spookier. I don't expect normies to want to get involved, their minds are on other things, like having some kind of life outside of the internet.

[Anonymous No.13245045]

>>13243953
How about you spread your boy CUNY for my massive lap hog

[Anonymous No.13245314]

>>13245028
Good points. It’s hard for me to relate to that kind of thinking because everything about crypto is so interesting to me, from the tech to the finance aspect and everything I’m between.

I think actual, helpful use cases for cryptocurrency will go a long way in getting normies to rethink their views on crypto. Hopefully.

[Anonymous No.13245388]

>>13243885

My whole family held emergency family meeting when they realised I held 6 figures worth of bitcoin.

They questioned my sanity and told me to the sell the bitcoins and buy a house.

I laughed it off, but family think ive lost the plot.

They think bitcoin is a ponzi.

My sister in law called it a shit investment. LOL

Lets see what happens in 2-3 years.

Either i laugh at them or i check myself into a mental ward.

[Anonymous No.13245403]

>>13243953

>listening to jews, ever

Could've bought ltc and silver, but instead you long communism and the usd. Enjoy poverty I guess.

[Anonymous No.13245453]

>>13245388

When my family found out my crypto was worth around $150k at peak they act like I've "lost" $100k+ "gambling" and have a mental problem even though over all I've cashed out like 4 times the amount I ever put in. They think I have a "gambling" problem and loosing tens of thousands of dollars. Literally anytime we meet they have to bring it up and give me shit about it, even though I've made a lot of money over all and I never talk about it, they are ones obsessed with it.

[Anonymous No.13245509]

>>13244155
I have actually spoke to a few people in different jobs I worked recently (last few months) that hadn’t even heard the word bitcoin or knew absolutely nothing about it , quite surprising really

[Anonymous No.13245835]

>>13245509
I got a coworker to buy a ledger hes learning how to set it up this weekend

[Anonymous No.13245937]

>>13243910
>It crosses my radar but I chose to never look into it. I would rather it remained a complete mystery to me.
High level NPC right here. This is why some people deserve to be ruled over by their betters.

[Anonymous No.13245941]

>>13245453
>family found out
Found your problem right there anon

[Anonymous No.13246027]

>>13243885
Consensual reality is rejecting it. They are scared and moving back toward monarchical and fascist ideas. Crypto represents chaos and they don't like it because the world is already out of control and chaos = criminality to them.

[Anonymous No.13246041]

>>13243885
Asked in December my colleague from work

He thought it was gonna go down more and eventually would crash

[Anonymous No.13246168]

>>13243885
just came back from grilling with some friends.

talked with one guy about bitcoin, he talked like 10mins and i listened. he knew effectivly nothing. told bitcoin can be hacked/copied,- like -not even the basics.

i bought my dad a book on crypto. he said he had read it. first thought was "cool now he will buy some, smart move!".

told me what bitcoin is gonna do when the person who owns it decides to shut it down one day.

...
holy shit


other occasion he just said its pure
speculation.

anon friends, i tell you:
1) btc will go to 100k one day - everyone deeper in this knows it eventually inevitable. it will happen. 100% to 100k (and even more).
2) if you're now in crypto and think its "too late" - guess what, you're dead wrong. fill your pockets as long as we're
still that low.
3) the feeling you gonna have when btc surpasses that 20k ATH once again, in combination with the faces of these idiots that you shilled it for and that didn't buy - it will be sweeter than cumming into a thai ladybois anus 5x in a row on crack-cocaine.

[Anonymous No.13246184]

My mom keeps telling me to be sure "the money is real" even though I've made like 3x on LTC. I'm just gonna surprise them with my wealth one day and be like told you so

[DarkTrip !nNThBA7CKU No.13246190]

>>13246184
LTC criminally underrated
I got like 100 coins or smthg
last chance to stack it this year

[Anonymous No.13246208]

>>13246190
What are your projections after the halving?

[Anonymous No.13246239]

>>13243885
nobody irl knows i'm even aware of bitcoin or crypto and that's the way it's staying. keep it secret keep it safe

[Anonymous No.13246284]

>>13243885

My grandma just said to me that this crypto thing is syphoning my money away and instead I should invest that money in human relations.

[Anonymous No.13246364]

>>13243953
>too poor for nyu
>laughingsluts.jpg

[Anonymous No.13246379]

the last normie i talked to said "bitcoin is over, you already missed the boat on that one" but that before this pump (ie like 4 days ago)

[Anonymous No.13246418]

>>13244962
Many of us knew about bitcoin. Started mining in July 2009. It all reeked of Jewish tricks so I stopped. Told other people to buy. It went from 40 to 60 and I told even more people to buy.

[Anonymous No.13246440]

>>13243885
I avoid talking to normies about it as they refuse to hear anything besides its a scam from my experience.

And telling family is the stupidest thing I've ever heard. They will only cause drama for you and if you flex your money they'll just try to leech. They don't care if you were right all along just gibs moneyz plox.

[Anonymous No.13246500]

Except Bitcoin IS a Ponzi and you all who are holding crypto’s are “investing” in a house of cards scam. You DID miss the boat to riches, Bitcoin will NEVER hit $20,000 again.

[Anonymous No.13246514]

>>13246500
Cope

[Anonymous No.13246532]

An estimated 30 - 100m people own crypto worldwide.
That's like a mean average of 0.5% of the global population
FUKKEN BUY IT YOU CUNTS

[Anonymous No.13246568]

>>13246500
This. Its literally over boys.

[Anonymous No.13246584]

>>13245937
>High level NPC right here. This is why some people deserve to be ruled over by their betters.

He is socially superior to most of us here, desu, mate. There's a lot of bias here where we think crypto is the entire world since it occupies such a big part of our thoughtspace, but it's really not and other people have different interests and different lives. It's like how retards on /fit think anyone who doesn't destroy their lives with lifting and obsesssive dietary control is inexcusably retarded.

[Anonymous No.13246624]

>>13246500
Oh shit he's right. SELL SELL SELL

[Anonymous No.13246681]

>>13246532
no way its 100mil , its way lower...like max 20mil people so far

[Anonymous No.13246711]

>>13246584
Completely ignoring opportunities in technological progress is like completely neglecting your health. You don't have to be a /fit/ nerd to go for a jog or lift once in a while, and you don't have to be a /biz/tard to buy a couple bitcoin packets and sit on it just in case.

[Anonymous No.13246781]

>>13246711

We underestimate how hard it is to get into crypto in even the most basic way, mate, really. The barrier to entry for basic fitness like you say, going for a jog once in a while, is not the same as "buying a few bitcoin". Most people would INSTANTLY lose their fucking coins, you realise, kek.

And before even finding a way to buy them, there is the massive hurdle of actually wanting to, when every mainstream notion and sensible person out there thinks and says it's a fucking bad idea. It's not like they're all sitting there thinking they realllly want to buy btc but are too lazy.

They don't WANT to, they don't fucking like it, because it IS risky, it IS volatile, there ARE hacks/losses/scams all over the place. They're not completely wrong, they just have some of the details a bit screwed up.

[Anonymous No.13246797]

>>13246584
Well to be fair if someone eats Cheetos everyday on the couch yes that is retarded.

[Anonymous No.13246833]

>>13246500
Most likely this. It’s fucking over

[Anonymous No.13246837]

>>13246781
You're basically just describing an NPC. If someone isn't willing to put in the effort to research and learn about something then that's their problem. You don't need a 130+ IQ to buy Bitcoin and not lose it. You just need to put in a bit of effort.

Same goes for staying in shape. People just make excuses. I can't afford a bike, health food is too expensive, gym memberships are too expensive, I don't have the time to go jogging/cook my own food etc. and then they wonder why they have diabeetus and all sorts of health problems by middle age.

[Anonymous No.13246848]

>>13246837
Yeah that OP is stupid literally just have to download Coinbase and boom, literally stupid easy compared to like 2012

[Anonymous No.13246894]

>>13246500
keep hodling usd boomer

[Anonymous No.13246902]

>>13246837
Again, the HUGE difference is that "staying in shape" and "being healthy" are universally promoted as good things, safe things, positive things, incredible accessible and everyone is "meant" to do it.

As a polar fucking opposite:
Crypto is almost universally (outside of our basements) portrayed as something for gamblers, paedos, hackers, a dangerous and volatile place that people are very ill-advised to enter.

You may be autistic, though, and so can't pick up on how other people feel about things and what the "general feeling" is about something.

It's like saying, shit, Afghanistan is actually SUCH a beautiful tourist destination with many positives, why are normies so fucking lazy that they don't look past its reputation as somewhere you'd get instantly beheaded, and see it for what it really is?!

[Anonymous No.13246922]

>>13246902
Yeah, you're right. And it takes a non-NPC to understand that there is no reward without risk, and if Bitcoin was as scary as it's made out to be it wouldn't be worth what it is.

[Anonymous No.13246929]

>>13246681
Theres 20million just in africa.

[Anonymous No.13246941]

>>13246681
There are about 32m BTC wallets. Everyone in crypto now entered by researching BTC and then buying some.
There will be very few who entered via a different coin I.e. LTC and never held BTC during their crypto tenure.
Like you said 20 mil max, it may be more, but people have more than one btc wallet. I agree with you, but I overinflated numbers to account for any incorrect data and to highlight that even at those estimations its still nothing in the grand scheme.

[Anonymous No.13246947]

>>13246781
This. I think adoption will break us up into the next Elliot wave, and that will come with communist shit-holes squirreling their wealth away from inflation / state control. Your average white middle class boomer or boomer-spawn won't lead that, they trust banks and the guberment. They have no idea of even the most basic concepts of why they should be taking control of their wealth with a decentralised borderless currency, let alone how to do that if they understood. Fuck them. At this stage of the game, I have no sympathy for any no-coiners

[Anonymous No.13246954]

[Anonymous No.13246957]

>>13246922
>if Bitcoin was as scary as it's made out to be it wouldn't be worth what it is

[Anonymous No.13246968]

>>13243885
>>13243885
"the fact that they could be worthless tomorrow morning means I'll pass"

[Anonymous No.13246971]

>>13246284
She's right and wrong at the same time

[Anonymous No.13246973]

>>13246941
A handful of those could hold crypto for a while shit load of boomers. They'll keep their coins on a exchange, you just know it

[Anonymous No.13247011]

>>13246239
I have decided at my new job not to say a word about bitcoin, and as soon as these normies start talking, ill know it's time to sell. feels good

[Anonymous No.13247031]

>>13247011
This is my strategy as well. I bought EOS around when John Oliver did his hit piece on it last February, and I'm going to sell when they start shilling it on TV. You literally cannot go wrong betting against mainstream media these days.

[Anonymous No.13247035]

>>13246284
based grandma

[Anonymous No.13247052]

>>13247035
>based grandma

This. My mother said something similar to me, and she was dead right - when I was deep in the grip of gambling-style shitcoining and losing my fucking mind and life over it. Horrible waste of time when you're "doing crypto" all day every day.

There is a lot to be learned from outsiders' perspectives, actually. We are in one hell of an echo chamber, and also have normalised our behaviour.

[Anonymous No.13247077]

>>13247052
4chan is the opposite of an echo chamber. In fact it's so opposite that it's impossible to get any decent information from here at all because everyone is constantly contradicting everyone else.

[Anonymous No.13247147]

The opposite has happened to my father. He knew I was into crypto before the market boom. After it "crashed" he started looking into it more. He become obsessed and starting buying like crazy over the past 12 months. from his initial investment he is up 10k over this little pump. He has been trying to educate more and more people but they don't listen. He wants me to quit my job and start a program with him. He has turned into the mad man.

[Anonymous No.13247161]

They said

"Scam"

[Anonymous No.13247171]

>wife: let’s cheers to decentralized oracles everyone!
>me: honey stop it
>normie friend: what’s that?
>me: oh it’s just a blockchain thing
>normie friend: *look of disgust* oh...
>normie friend 2: I think all that blockchain stuff is just like the tulip bubble and it’s all gonna come crashing down

I just told him how the tulip bubble is a dishonest secondhand account hundreds of years after the fact written by some British fuck trying to show how unreasonable and irresponsible anyone who isn’t British is.

No point discussing legitimate implications of blockchain technology with hard hearted normies

[Anonymous No.13247181]

>>13246781
This. I got in in December and it was stupidly hard. I even lost $500 making a deposit to Bitstamp that never arrived (fuck that site btw). You can tell the crypto space is almost still all software engineers // coders because thia shit isn't user-friendly at all.

That is something that needs to change if you want mass adoption, wether you like it or not.

[Anonymous No.13247182]

>>13247147
https://www.vulture.com/2017/10/charlyne-yi-recalls-offensive-encounter-with-david-cross.html

david cross is extremely based

[Anonymous No.13247185]

>>13247147
dadcoin when

[Anonymous No.13247204]

>>13247147
Your dad is literally figuratively me

[Anonymous No.13247209]

was at a bar in my hometown and some 16 year old zoomer came up to me and started asking me about crypto cause he had heard about me making some money of it.

he talked about how he wanted to learn to trade alts with youtube tutorials etc but he didnt seem to understand how bitcoin actually worked

but seems like there's still some room for growth with the newer generation

[Anonymous No.13247232]

>>13247181
>You can tell the crypto space is almost still all software engineers // coders because thia shit isn't user-friendly at all.

major kek. buying crypto on the coinbase iphone app literally has the same "difficulty" of some roast opening up a instagram account. literally typing in your email and passport. half the population of the world has internet access (3.5 billion). Atleast 75% if not more are able to do this

[Anonymous No.13247244]

>>13243885
IT'S A PONZI SCAM!

[Anonymous No.13247245]

>>13247232
I can't use Coinbase, dude. It's not available in my country.

[Anonymous No.13247255]

>>13243885
"Its worthless its only used for money laundering and buying/selling drugs."

[Anonymous No.13247336]

>>13247255
Interesting how they see it as con, a usecase is a usecase

[Anonymous No.13247366]

Good thread, but can we get any more ACTUAL QUOTES from normies? Not what we pretend normies say/think?

[Anonymous No.13247371]

>>13247366
"bitcoin, is that still a thing'?

[Anonymous No.13247386]

>>13247171

He's right though. History repeats itself.

[Anonymous No.13247395]

Most old people won't get it. The next generation is the ones who will adopt cryptocurrency in a major way. Like this anon pointed out, >>13247209 the youth are the ones with passion for new ideas, and they've become increasingly used to the idea of digital currencies which aren't backed by USD. My parents scoffed when I tried to explain to them Runescape and World of Warcraft gold are worth real money, but the kids get it.

[Anonymous No.13247414]

>>13243885
"Since the fiat is worth nothing since 70s in the us I wouldn't be surprised if a distributed and decentralized world money would replace a debts based economy while the states are getting their shit together"

[Anonymous No.13247530]

>>13247366
i dont really have a direct example.
but all i know of is that - atleast in my country i heard of cases where "basic" economics community college students learn about bitcoin&blockchain. this started 2 years or so. they learn the basics and its a topic for one week or so. they dive into mining, basic knowledge of the protocol, ledger etc. maybe little bit of eth. not really some aerospace engeneering but still. they learn this in coherent way. probably still more knowledge than the average /biz/ users buying high selling low unironically taking financially advice from 4 chin (buying into shillers bags).....

so all in all alot here probably think browsing /biz/ makes them so underground, insider knowledge, contrarion god. big part of the population already are aware of it in some extent and dont care but dont autistically praise it in a echochamber like here because they have social lives....

[Anonymous No.13247552]

>>13243885
"things that are too good to be true usually are"

[Anonymous No.13247573]

>>13247552
>mfw airplanes, the internet, and airconditioning don't exist

[Anonymous No.13247636]

When the price goes up, those that dismiss it as a scam will come. Those that hear about it but never bought will keep on hearing the price going up and greed will get them. Some will stay for the tech and principles.

There is more wall street and financial institution interest than ever. They missed 2017. They want another bubble.

[Anonymous No.13247664]

>>13247573
>Implying the Internet is any good

[Anonymous No.13247690]

>>13247664
The internet is amazing. How we use it not so much.

[Anonymous No.13247725]

>>13247664
>>13247690
>in a discussion about using the internet to revolutionize finance and cause a paradigm shift which will turn traditional institutions on their head
>internet is bad, we dont do anything with it!
I don't understand you fags

[Anonymous No.13247741]

>>13247725
How does the normie use the internet though?

[Anonymous No.13247761]

>>13247636
>When the price goes up, those that dismiss it as a scam will come.

People who didn't buy in 2017 because they think it's a scam won't be buying now, especially people who already have experience.

>There is more wall street and financial institution interest than ever.

That doesn't necessarily mean they would pump the coins that are dead/dying (i.e., Bitcoin).

[Anonymous No.13247767]

>>13247741
Normies are irrelevant to progress. They have fought every innovation from e-mail, to telephones, to fax. They will engage with the technology once they cannot escape it.

[Anonymous No.13247850]

>>13245045
Kek

Also the first thing my mind sees when someone mentions CUNY

[Anonymous No.13247885]

>>13247366
My brother during the last pump to 5k.
" Hey, do you know why BTC exploded? "
Probably a bulltrap, Idk really its very manipulated.
Oh..... What's a bulltrap?
Facepalm.


We severely underestimate normies inability to grasp abstract concepts and delayed gratification

[Anonymous No.13247951]

>>13247181

Buying Bitcoin is only difficult for pajeets who can't stop wiping their arseholes with their hands and smearing shit on their smartphone screens

[Anonymous No.13248228]

>>13246781
>>13246837
I dunno, Coinbase is very normie friendly at this point - the grandparents could even figure it out. I think you can even buy some on a dirt simple Apple Pay UI or something - One of my normie friends did it casually one day as his first bitcoin purchase.
>>13247232
Yeah, this.
>>13246902
But also this - Crypto STILL has a stigma of being for techies, gamblers, criminals, etc. despite how easy Coinbase and other apps might make it. We need a mainstream-friendly use case to help ease that stigma. Maybe something costly in society that can be automated by smart contracts, or some charity system for fast and safe funding by crypto. Then it has to get news coverage/exposure via social media.

[Anonymous No.13248267]

>>13243885

With boomer money caming in last years , the fear on this market did rise on remarkable levels , so every little dip was considered a crash . As we know boomies and other Normies buy high and sell low all the time, thats why it will rise slowly next time

[Anonymous No.13248344]

>>13248228
Buying, holding, selling on exchanges is easy. The hard part is actually using crypto for its intended purpose and the challenges that come with that I.e. sending crypto across wallets, deciphering gas fees, opening up cdps, registering identities, notarizing documents. Theres a long way to go to make it more user friendly; still its leaps and bounds ahead of the early days.

[Anonymous No.13248377]

>>13247077
....I disagree. People are posting the same words, memes,etc while claiming to be outcasts from a "normie" society. Look at pol for instance.

[Anonymous No.13248623]

>>13246500
oh shit its just a bunch of numbers it's going down EJECT EJECT EJECT EJECT EJECT EJECT EJECT

[Anonymous No.13248662]

>>13243953
You should listen to him.
BTW ill be buying your coins at 1,000$

[Anonymous No.13248677]

>>13245388
You should sell my fren
wouldn't want my family thinking im crazy

[Anonymous No.13248678]

>>13248377
Have YOU looked at /pol/? It is not, nor has it ever been one person. Check on any given day and there's dozens of factions arguing. Civnats, Nazis, Commies, Antifa, Boomers, Libertarians, etc.

[Anonymous No.13248691]

>>13246584
YOU GUYS ARE SO RIGHT!
IM GOING TO SELL MY BITCON.

[Anonymous No.13248693]

>>13247761
LTC

[Anonymous No.13249337]

>>13247395

This is accurate, even people our age will have a difficult time grasping it. Most of us here probably grew up seeing some sort of digital economy develop whether it was diablo 2 items, wow gold/accounts, tf2 hats, or whatever else. If you don't have that background I think it's a lot harder to see the value of owning parts of exclusive information networks over others.

[Anonymous No.13249507]

>>13246584
This. Crypto is feeling increasingly like a circlejerk exclusively for /biz/tards and desperate Asians. BTC has had it's brief moment of normie exposure, and it's reputation is now cemented as a 21st century dutch tulip craze. It was in far better shape 5 years ago, when it was still pitched as a usable currency, and not a get rich quick scheme for incels.

[Anonymous No.13249545]

>>13249507
you need crypto to automate things and save a lot of money, normies just exist to be used and abused in the eyes of society, that's their unironical destiny, so it's a bit stupid to mention them

[Anonymous No.13249617]

they'd rather spend money on things like this lol
https://globalnews.ca/news/5130265/avengers-endgame-tickets-cineplex-ebay/

[Anonymous No.13249634]

>>13248377
/pol/ is literally a 24/7 brawl, are we on the same website?

[Anonymous No.13249660]

>>13243953
Very cute and funny post

[Anonymous No.13249700]

i posted on an anonymous local student's app asking about btc, the most upvoted answer was "ignore btc" besides one guy advising to invest in btc

[Anonymous No.13249715]

>>13245388
>Either i laugh at them or i check myself into a mental ward.
Why not both?

[Anonymous No.13249802]

>>13246284
Your gran is telling you to go fuck some hookers. Kek. Top tier granny.

[Anonymous No.13249834]

>>13246929
Unsure if stellar airdropping it counts

[Anonymous No.13249896]

>>13243885
Go check out /r/personalfinance and search "buy bitcoin" if you enjoy this sort of shit. E.g.

>I'm an intelligent person, I work with computers and numbers all the time, but reading how Cryptocurrency worked might as well have been written in Greek.
>I had someone insist that I should be buying BitCoins a couple years ago, but couldn't articulate why I should by them, what they're worth, why random strings of numbers even have worth, or why the value of them was going to go up. Yes, they went up for a while, but then they went way back down, and like 80% of the money he'd spent on those fictional items went up in smoke. The worst part is that I don't even understand why - I recognized that anything that seems too good to be true definitely is too good to be true, but I don't understand what he was buying, why he was buying it, what made it sound like a good idea to buy it, or why the value of it fluctuated.

>It's more or less currency speculation. He was transferring USD to Bitcoin dollars. Those have worth because other people want to transfer USD to Bitcoin dollars. The value went up because a lot more people wanted to trade USD for Bitcoin dollars, which increased the demand for it. When demand increased, people selling Bitcoin were able to charge a higher price when they want to transfer back to USD (I have a bitcoin, I'll sell it for 19,000. Deal.). When everyone wanted to sell Bitcoin back to USD and very little people wanted to buy, sellers needed to decrease the exchange rate to entice people to transfer USD to Bitcoin (I have 1 bitcoin I want to sell, no takers at 19,000? How about 18,000? 17,000? 16,000? and so on). So the question is, will more people want to trade USD to Bitcoin next year? I don't know, it's speculative. I stay far away and recommend others to do the same.

[Anonymous No.13249932]

>>13249896
This is from August 2017:
>Bitcoins. Help me out with this possible currency.
>So I'm not sure if I should invest or buy bitcoin or two or three. They're expensive now but if they can only keep getting more expensive should I buy them now and sell them later? Should I even bother? Or should I just put my money in a savings, 401k, or other money making/saving possibility. Any info on bitcoins or assistance with them would be much appreciated

Responses:
>if you don't know the threats to bitcoins like BIP148/149, which split every coin into two separate coins yesterday, the sometimes 1000% fee to transactions a few dollars, or even how the block-chain works, then you shouldn't be buying them.

>Let others talk you out of it or not, but if you go ahead, wait until after the end of August. There's a fork coming and you may as well avoid that.
>A fork you say? What the hell is a fork? If you don't already know what that is, then you definitely do not need to be investing in Bitcoin.
>You ever worried that your bank account might get hacked? All the reasons you are safe do not exist in Bitcoin... If you're not fully versed on encryption key protection you're asking for trouble.
>And none of that has anything to do with the high risk nature of Bitcoin investing.

>Its not an investment. It is a gamble. If you are comfortable taking the amount that you would put into bitcoin, down to the casino, then bitcoin is fine. It should not take the place of your savings, or investments. Consider it the same way you would gambling

>You could consider it a pyramid, I wouldn't say that. I would say it is a zero sum game. Check out my favorite sub /r/buttcoin if you wanna see what you're in for.
>EDIT: Hadn't even checked the sub today and the top post is about an exchange stealing peoples money. Its a hoot to watch all this go down.

[Anonymous No.13249958]

>>13249896
>that post

[Anonymous No.13249989]

>>13249932
(cont.)
The same person who made the last response:
>I mean if you wanna take a gamble go for it. I bought a few coins before Mt.Gox at 200 each and sold them a month later for 1000. I know a lot of the people over on buttcoin have done the same. I'll admit its kinda cool. Its a neat little toy and its kinda fun to play with, but it doesn't do anything that cant be done better, faster, safer. So there really is not a point in it. Dont let it substitute for actual investments or savings though.

This is from December 2013:
>Has Bitcoin reached peak or still a good buy?
>I have heard the hype, just unsure if I should buy in.

Responses:
>Considering that it is nothing more than a pyramid scheme it is an always skip.

>Bitcoin is not a quick money investment. If you think it is, you're doing it wrong.
(probably the only smart comment so far)

>There's really just no way to tell. Some of the best investing minds I read basically say "wait and see". The trouble with bitcoin is that there is no underlying fundamental (i.e. tangible asset, business, future stream of revenues, etc). As such, if you're an investor and not a speculator, there are reasons to have big concerns about bitcoin. It's a good thing to invest in underlying fundamental value; it's not clear what that is with bitcoin.
>Nobody knows whether bitcoin has reached a peak or not. Hypothetical valuations of what it could be worth are all over the map.

>This. The hypothetical value is being propped up by a trade largely illegal in the western world (drugs, child porn) and wealthy eastern europeans using the currency for a variety of legal and legally questionable activities.
>It seems like the value largely depends on both legal action against silkroad and other marketplaces and other world events. At this point with how volatile the market is, it seems like more gambling/speculation than investing at this point.

[Anonymous No.13250074]

>>13243885
I do think that have a real scaling solution would bring a lot of cryptos to new heights. The crash was partially caused by the fact btc sucks and wasn't able to keep up during the mania. Huge fees, slow transactions, that scared a lot of people.

[Anonymous No.13250127]

>>13249896
You can spot a cluless noob when they capitalize the C, seen lost of that on FB in 2017
>BitCoin

[Anonymous No.13250170]

Many here are just as dumb on Fantom. Not shilling but don't get too full of your own percieved genius. I was in crypto at 2011 so I could boast but I think i was just lucky. We all have blind spots.

[Anonymous No.13250186]

>>13250127
>cluless
>seen lost of that
are you having a stroke anon?

[Anonymous No.13250364]

>>13249896
Biz can't refute this

[Anonymous No.13250699]

>>13243898
Ur dad gey

[Anonymous No.13250749]

>>13243927

[Anonymous No.13250798]

>>13246284
gramgrams wants to buy cheap

[Anonymous No.13250882]

>>13246168

Unbelievably based.

[Anonymous No.13250955]

>>13247147

BASED dad

[Anonymous No.13251091]

>>13245453
>Literally anytime we meet they have to bring it up and give me shit about it
You should stop speaking to them.

[Anonymous No.13251116]

>>13246500
capped

[Anonymous No.13251240]

>>13246781
How much do you weigh?

[Anonymous No.13251245]

>>13246902
>>reddit

[Anonymous No.13251259]

>>13247147
Is this what it's like to have a rational parent? Must be nice.

[Anonymous No.13251299]

>>13248678
http://archive.is/CGALe
btc 10k 4chan pol thread.

[Anonymous No.13251332]

>>13247386
No it doesn’t. Literally ever.

[Anonymous No.13252165]

>>13243953
This is the most bullish thing I have ever read on /biz.

[Anonymous No.13252197]

>>13243953
Lmao. This man has not been right once

[Anonymous No.13252213]

>>13246284
How do you put money in human relations?

[Anonymous No.13252225]

Asked a twitch streamer about supporting BAT:

Answer:

- I dont have plans... Oh its an ethereum thing... Shame because ethereum is a pyramid scheme thing

[Anonymous No.13252268]

>>13248228
It’s not and it’s “why”
>takes forever for payments to go through
>fuck all to do with it in app
You lose their attention 1% of the way through the transfering money part
Normies don’t invest anyways, you think they have any investments? You’re lucky if they even bothered to download robinhood

[Anonymous No.13252292]

>the your dad said he supports your decision to get into crypto and hopes it makes up for his poor financial decisions
I seriously wasn't ready for that.

[Anonymous No.13252293]

>>13252197
Jews just thought the internet would let them 100% control ideas, hasnt worked out so well despite their extreme lengths

[Anonymous No.13252398]

>>13246168
What books would you reccomend on crypto and BTC?

[Anonymous No.13252440]

>>13246902
They say the exact same thing about stocks, bonds, and savings accounts. Money is the root of all evil and only bad people want it, and maybe I am autistic but I'm ok with holding money in stocks, bonds, and crypto. I even keep some of it in checking. Afghanistan tier mindset I know, but it just makes sense to me. I think it's called not being a fucking npc.

[Anonymous No.13252467]

>>13247181
It couldn't be simpler to use. The fuck are you talking about? Shits easier than going to the bank and making a deposit/withdrawal through a human teller. You are probably doing everything wrong as usual.

[Anonymous No.13252638]

>>13247181
Bitcoin will be mainstream once there's a "Bitcoin Walmart" where you can buy crypto with bank checks. Old people yo.

[Anonymous No.13252829]

>>13247209
You finna get robbed boy? People aren't supposed to know you're crypto rich. To all you tags reading this you'll get your urethra raped with a drill until you spit the passphrase if you keep telling people you have crypto, family or not doesn't matter, stop doing it. Stop it.

[Anonymous No.13253056]

Told my parents about crypto before the First Bull Run, mom bought some, dad called it a scam.

In the end they broke even: mom sold the top and dad bought in like a noob at around 5-6k which he then sold at a loss

[Anonymous No.13253197]

>>13247171
>show how unreasonable and irresponsible anyone who isn’t British is
Where’s the lie?

[Anonymous No.13253228]

>>13253197
The UK is a country of arrongant assholes and Britan is the region with the highest concentration of them, they think they are the best of the world because they used to have an empire and they still have the same old mentality even if the only thing they have left is a shitty foggy island

[Anonymous No.13253314]

>>13245453
rookie numbers

[Anonymous No.13253386]

>>13247885
why would you expect him to understand trader slang you fucking fedora - bull-trap is not a common term

[Anonymous No.13253636]

>>13243885
direct quote:
>isn't that some faggot shit for scammers and drugs?

[Anonymous No.13253872]

>>13253636
that's a perfectly accurate description though

[Anonymous No.13253881]

>>13252829
i literally told one friend cause they were wondering how i could afford an apartment and now the entire town knows about it. it's how things go in little towns.

im pretty sure if i didn't even tell anyone they would find out about it

[Anonymous No.13253893]

>>13253881
should've lied, lottery, gambling, you actually pay mortgage, etc.

[Anonymous No.13254263]

[Anonymous No.13254349]

>>13250798
kek

[Anonymous No.13254396]

Sharing mine

When i want to maie fun of my mother I use her pc and say I'm buying bitcorns. She gets angry cause she doesnt wanna get arrested.

My father on the other hand, i told him price would drop to 3000 (this was before november) and he said, well then we gotta buy. Price came and went, but he didnt buy. Now seeing price go to 5000s he says he will buy if it drops there again. He is very open to the idea, but he is kind of a genius. Came from delivering newspapers at 12 to making 7 figures/year.

So far i convinced 7 people to buy. Not counting him, becausr he didnt buy yet. 3 friends, my gf, her aunt, two sisters.