First ever bitcoin thread on /biz/

[Anonymous No.24149261]

>>/biz/thread/S71
let's gather up and reminisce on the good old days

[Anonymous No.24149300]

>>24149261
>It was trashed by the nazi jannies
Not surprised.

[Anonymous No.24149302]

dogecoin > bitcoin

[Anonymous No.24149360]

>>24149261
No /biz/ thread was better than the high school senior that got doxxed:

>>/biz/thread/S13635085#p13635085

[Anonymous No.24149455]

>>24149360
what the fuck

[Anonymous No.24149464]

>>24149360
https://i.warosu.org/biz/thread/S16447923

[Anonymous No.24149552]

>$175 rejected

[Anonymous No.24149619]

2014 was after the $1200 runup, the BTC mumus must have been INTOLERABLE to the tech geeks on /g/.

[Anonymous No.24149744]

>>24149261
>2014
LoL fucking nufags

[Anonymous No.24149796]

>>24149744
if you want bitcoin posts from 2010 there's /g/ archives

[Anonymous No.24149968]

>>24149464
I love how they did a master plan for this inmate. Biz really got each others back.

[Anonymous No.24150046]

>>24149552
>1M in Sept 2017

Kek

[Anonymous No.24150099]

>>24149552
Kek

[Anonymous No.24150191]

>>24149968
Forgot the image

[Anonymous No.24150228]

Holy fuck those comments. Lol. I bet this guy suicided for not buying.

[Anonymous No.24150243]

>>24150191
HAHAHAHAHHAHA

[Anonymous No.24150275]

>>24150228
So many posts in there remind me of present day chainlink FUD. Just bitter, nocoiner cope.

[Anonymous No.24150306]

>>24150275
I bet this guy is sippin on his drink right now.

[Anonymous No.24150588]

>>24149360
About fun:
>>/biz/thread/S3106855

[Anonymous No.24150590]

>>24150046
His math was rigth but he was off by another 10 years

[Anonymous No.24150782]

>>24150275
comparing btc to link fucking lol how new are you

[Anonymous No.24150943]

>>24149261
i had a bitcoin talk account in 2011 and participated in thread that SN commented on.
you guys dont know those levels of comfy

[Anonymous No.24151004]

[Anonymous No.24151007]

>>24149360
kek I remember that

[Anonymous No.24151036]

>>24150943
survivorship bias, most early adopters sold way too soon

[Anonymous No.24151144]

[Anonymous No.24151181]

>>24149261

Just so you know I’m responsible for the Godzilla and pen in the /biz/ sticky picture.

[Anonymous No.24151232]

>>24151144
>>>/biz/thread/S71
Holy shit the hashrate is amazing on my airbook.

[Anonymous No.24151237]

>>24151004
Their only problem was that they were extrapolating right before the bear market
Otherwise it's still pretty accurate

[Anonymous No.24151332]

>>24150306
Nah the guy sold at 5 bucks.

[Anonymous No.24151377]

>>24151004
kek came here to post this

[Anonymous No.24151402]

Didn't realise biz was up in 2014 already. I feel like a newfaggot for only being here for 3 years

[Anonymous No.24151410]

Now you see how useless it really is to be a time traveler
You could post a completely accurate chart of Bitcoin's price history in this thread and no one would believe you
- sent from Citadel intranet to external location

[Anonymous No.24151474]

>>24149464
This is antilinkers in 2020

[Anonymous No.24151536]

>>24150782
>>24151474

[Anonymous No.24151582]

he made it

[Anonymous No.24151684]

>>24151410
this is precisely why this decade is going to be so brutal for nocoiners.
we are leaving the realm where the average person will ever be able to afford whole integer bitcoin. its at used car level now, but will be "house" level next. by 2030 will be 4-6m per coin

when the average tard wakes up to this reality they are going to lose their minds en masse.

[Anonymous No.24151793]

>>24151684
im so glad im autistic

[Anonymous No.24151866]

>>24151684
wouuld it be unironically songbird tier in 2030?

[Anonymous No.24152045]

>>24151684
Every time I doubt predictions like this they end up coming true. Pretty sure Bitcoin is going to not only overwhelm gold, it's going to blow it the fuck away.

[Anonymous No.24152519]

>>24149261
Oh man, i wished i had opened my eyes back than instead of jerking off in front of my laptop in my student appartment.

[Anonymous No.24152529]

>>24151004
It wound up being a rainbow instead of a straight line.

[Anonymous No.24152610]

>>24151684
I think your prediction is true if the market would sort it out. However governments and banks will prevent this. We will witness a standoff in a few years and btc will unfortunately lose. The governments cannot allow the people a way to get out of monetary control. The money printer is securing the financing of the governments. Allowing btc is defunding them basically. It will end in a pretty mess my friends.

[Anonymous No.24152663]

>>24151866
society will be split.
the meme virus disappears but the threat of it is constantly preached. no one will have the ability to confirm any of the numbers from the msm. but they screech about so every day, so you will hear that 200k more died of meme virus 2024, etc. but no one will personally really knows anyone with it...this leads to most people tuning it out but simultaneously same people following protocol of constant mask, shots, distancing, lockdowns, etc.

most humans (those who had unservicable debts prior to great reset) will live in "public housing" and receive ubi. conditions will be cramped and messy but they will be fed and housed.

"those who can sign" (ie. those with no debts and provable assets, like btc) will live in idyllic nature preserves that really resemble the blend of old towne living with low-key robots doing most things. bricked town squares, nature trails, a handful of restaurants, and lots and lots of peaceful green spaces. housing will be nice but not over the top, emphasis will be on "comfortably sized" and bric-a-brac trinkets or dozens of tech gizmos will be looked down upon. These preserves will be declared "virus free" so no mask or lockdowns on its residents.

[Anonymous No.24152695]

>>24152663

(cont)

a good portion of people who live in these preserves come from crypto sources...its a thing that becomes very very taboo to discuss. literally no one ever admits to ever having / owning bitcoin because of threat of kidnap and ransom. however it becomes sort of an open joke: the guy you meet at a dinner party that claims he made his money from a tech company and claims he's sad he missed out on crypto, but that later after a few drinks he starts reciting 2021 pricing moves with textbook level accuracy and suddenly knows bitcoins full backstory.

contrary to conspiracy theory, the great reset was not dreamt up by satanist. its entirely practical in design: record debt + record welfare coupled with sweeping automation / robots / drones / ai that reduces need for jobs by 80%. the result is none of the debts at personal or nation-state level can be paid anymore, thus the need to minimally feed and house majority of humans and scale back consumption.

its an unfortunate time that no one is happy about. but the general thought is in 20-30 years the we can go forward with just 700-800m humans who all live a much higher quality of life than any other human previous ever could. the notion of 'capitalism' pretty much disappears (or I guess is completely altered) and 'the ability to sign' becomes almost a 2020 notion of a currency. In the same way you need an API key currently to access web resources, your 'ability to sign' will sort of be an API key for day to day life.....directing robots, procuring food, etc

[Anonymous No.24152826]

>>24151684
Big old This
Where's that 21 million club image when you need it?

I bet since we're in the midst of the 3rd 4 year cycle in Bitcoin's trading history that once this bubble tops we're going to see a 4 year bearish cycle where the paradigm is flipped
Instead of 3 years bull market, 1 year bear, we will see this 4th cycle (occuring after the 1 year bear market following next year's top) be 1 year bull market, 3 years bear
This will really shake out the laggards when they were just getting in
After that, we're right on track to a $1 million Bitcoin by 2029

[Anonymous No.24153012]

>>24152610
It is impossible to ban Bitcoin. I'd recommend you watch Andreas Antonopoulus videos on the subject.

[Anonymous No.24153063]

>>24152695

i'll have long since traded my crypto for metals and joined the amish.

[Anonymous No.24153152]

>>24152663
>>24152695
Your scenario sounds nice. But it would simply end up in a complete chaos. You think the majority (and with it comes political majority witnvoting rights) of "no-coiners" accept their destiny just like that?
Btc?
>on the way to being forbidden (and yes, a ban can be effective enough for people not to use it despite the decentralization)
Society?
>a chaotic mess, the accumulated debt will lead to massive riots and following redistributions.

[Anonymous No.24153249]

What happens when I don't eat the bugs?

[Anonymous No.24153366]

>>24153063
even pm holders require some degree of crypto.

although the lower tech of bitcoin remains firmly proof of work, the added-on layers become "PoS" concept.

so you don't "transfer bitcoin from A -> B" to buy a house or enter a citadel....you "sign the communities collective multi-sig". you basically stake your coins with threat of forfeit if you break rules (ie. murder, theft, etc).

selling your house just involves someone else replacing your sig with theirs and your coins again become unencumbered.

collectively, at a higher level, the various preserves / citadels use their collective signatures to vie for resources.

so even pm holders need to deposit their metals in depositories in order to get signature ability....

[Anonymous No.24153370]

>>24153012
Anon, I'm fully aware of the fact that it's technically not possible. But what do you think if governments move in and simply declare it as illegal to use and own. It could be declared as a crime. Crimes can't be prohibited technically either, still most people don't perform them because they fear the penalty. I think you got my point, i don't discuss that btc is technically not erasable or destructable.

[Anonymous No.24153452]

>>24153366

i don't want signature ability lol. it's against my religion.

[Anonymous No.24153456]

>>24153152
>But it would simply end up in a complete chaos.
absolutely you are right.
but you aren't asking "Chaos compared to what?"
compared to 4B being unfed, homeless, with nothing to offer and no way to acquire credit?
trust me the citizens of the encampments are not just docile retards, they are however people without much option.
they aren't forced to live there. they are free to find someones land to live on (if they'll let them)....its just that they've really run out of options.

[Anonymous No.24153477]

>>24153452
its not a problem. good luck on your own.

[Anonymous No.24153535]

>2014
It must have been earlier than this.
I bought BTC with eve online money in 2012 because I saw a thread about buying RPGs with it on /b/

[Anonymous No.24153580]

another thread ruined by walls of text from daydreaming doomer schizos, take your creative writing assignments to /lit/ and shut up

[Anonymous No.24153607]

>>24153580
>doomer
its paradise

[Anonymous No.24153610]

I miss this. it's almost comfy in a way seeing people so naive to what the future would bring

[Anonymous No.24153706]

>>24151684
The last cycle top was the first time in btc history that the blocks were full. This is the first cycle with scaling being an issue, if it is not solved we will not go much higher than last cycle. Maybe x2 or x3 from top to top, eg ~50k btc. If scaling is solved we can go to 100k - 500k

[Anonymous No.24153840]

>>24153610
Lol, i just checked the address in the pic. Indeed someone sent 5btc to him on the 27th one day later that year.

[Anonymous No.24154066]

>>24149261
there were no cashies and curry cashies and combies and assorted jeets
blessed times

[Anonymous No.24154225]

>>24151377


>>24151007


>>24150099


>>24150046

I hear a lot of kek, yet no mention of its crypto homepage https://Cryptokek.com

[Anonymous No.24154480]

>>24152610
What are governments going to do? It’s too late there’s already too big, mega corporations are banked on this. If they go ban it it would literally be a death sentence to them, that in turn would cause a mega crash.

[Anonymous No.24154510]

>>24153610
WHY THE FUCK I ONLY WAS 9 Y.O. BACK IN 2010

[Anonymous No.24154713]

>>24149261

I was on /biz/ when BTC hit $1k again in 2017. Back then every other thread was about trading pharma and tech stocks. There were a few threads about BTC and I remember when BTC was in the $700 range I saw one warning nocoiners to buy before it crossed $1k so they wouldn’t become suicidal.

[Anonymous No.24154845]

>>24149261
You should have listened biz

>>/biz/thread/S430845#p431216

>>/biz/thread/S1214767#p1216822

>>/biz/thread/S1214767#p1217467

[Anonymous No.24155373]

>>24153370
Institutional investments are big money men and will use their considerable resources to fight any government crackdown. The more paypal/square/grayscale etc etc that put their money in the more legitimacy and protection from goverment intervention there will be. Also game theory says any country bans it only gives other countries the benefits. Bitcoin is too big to fail lol

[Anonymous No.24155659]

>>24149261

[Anonymous No.24155870]

>>24155659
suicide fuel
the post

[Anonymous No.24156256]

Bumping comfy thread

[Anonymous No.24156716]

>>24156256
last bump

[Anonymous No.24156780]

>>24152610
how can every bank and every government stop it? it's literally global

[Anonymous No.24156902]

>>24149261
>>/g/?task=search2&ghost=yes&search_text=Bitcoin&search_subject=&search_username=&search_tripcode=&search_email=&search_filename=&search_datefrom=&search_dateto=&search_op=all&search_del=dontcare&search_int=dontcare&search_ord=old&search_capcode=all&search_res=post

[Anonymous No.24156908]

>>24154845
haha holy shit. love the last post especially

[Anonymous No.24156977]

>>24156902

[Anonymous No.24157319]

>>24156902
we're getting deeper

[Anonymous No.24157605]

>>24152695
>contrary to conspiracy theory, the great reset was not dreamt up by satanist

This is where you start to get it wrong.

[Anonymous No.24157628]

>>/g/thread/S11514696

this guy ruined peoples lives

[Anonymous No.24157709]

>>24149261
Reminder that crypto is still in this phase. We are early

[Anonymous No.24157742]

Remember Lambo Anon larping as a LINK insider until he got d0xxed

>>/biz/thread/S12655794

[Anonymous No.24157772]

https://web.archive.org/web/20100131101355/http://en.wikipedia.org/wiki/Bitcoin

[Anonymous No.24158303]

>>24149261
Search bitcoin on the /g/ archive, order by oldest posts.
this is kino

[Anonymous No.24158659]

>>24157709
feels good

[Anonymous No.24158660]

>>24158303
Now this is kino
Archived first bitcoin faucet from 2010 that gave away 5 BTC per Captcha.
http://web.archive.org/web/20100703032414/http://freebitcoins.appspot.com/
I wish I was there bros
hold me bros

[Anonymous No.24158715]

>>24158660
Maker of that faucet had prob killed themselves

[Anonymous No.24158806]

>>24158715
he's a true believer, he's probably a millionaire now
it's the people who didn't use it the faucet are roping

[Anonymous No.24158883]

>>24158715
he's a true believer, he's probably a millionaire now
the people who didn't use the faucet are the ones roping.

[Anonymous No.24158954]

>>24158660
Your whole life could've been different just by solving Captcha 10 times in 2010. How fucking insane is that?

[Anonymous No.24158980]

>>24149261
was intersted in it but I had no money and no idea how to buy it, there weren't any trading platforms and wallets were a pain in the ass to set up I literally tried and coudn't figure it out

[Anonymous No.24158989]

>>24158715
>Maker of that faucet had prob killed themselves
Nah

[Anonymous No.24159007]

>>24158980
same desu
feels bad

[Anonymous No.24159125]

>>24158660

[Anonymous No.24159150]

Every time I see a bitcoin thread, I just shake my head and laugh.

You severely damaged losers are literally the Bronies of /biz/. You know, that sub-group of 4chan kids who obsess over the preschool girl show My Little Pony? You probably don't know since all of you pathetic losers are far too busy fapping to monetary fantasies and wishing that bitcoin prices rize to 1000.

Why on earth would a group of you no-lives cling heavily to something as sad as this? Is there some sort of mental sickness in you guys? Did you not have a childhood? Do you not have a grasp on reality? How can you allow yourselves to deteriorate to this?

At first, I figured it was one lonely kid making these threads and bumping all day while crying in the basement for being such a useless waste of life... but then, I realized this isn't one kid doing this. There are at least fifteen of you in these threads that are getting hard over the prices of bitcoin. There isn't any doubt that all of you autists are fat, out of shape, and friendless.

Is that the thrill you kids get from these threads? Is it the fact that you can laugh and sing and can't even get off of your bed to empty out your piss bottle? Do you not realize that this board doesn't exist for you and your buttcoin? If not, then WHAT THE FUCK IS YOUR FIXATION?

I'm speaking for /biz/ as a whole, and possibly, your families as well. Just stop. This isn't healthy. Stop now and try to live a regular life. How embarrassed must your family feel when they have to explain to your aunt and uncle that you lost all your assets playing in the jewcoin market.

Just stop already. Quit with the silly threads. OP, delete this thread. Kids, clear your browser history and sell all the bitcoins you have.

I am telling you this because I am empathetic and I care. Please listen to me.

[Anonymous No.24159190]

>>24153012
Government can ban anything on paper.
Strong government can make it reality.

[Anonymous No.24159245]

>>24153012
they literally would just shoot you on sight then and fine your whole family tree forever

[Anonymous No.24159431]

>>24158980
i was like 12 when I heard of it and wanted to mine it but didnt want to use a lot of electricity cuz i live with a poor single mother

[Anonymous No.24159929]

>>24156977
This shit breaks a man, 220 BTC = $4 million now

Remember back when you first learnt of bitcoin from the news or seeing online somewhere.

You thought you should buy some because it might be worth something more one day, remember. You didn't do it neither did most of us.

[Anonymous No.24160001]

>>24158954
I remember these faucets, I was 14 back then, fucking about on miniclip, I even browsed to one once around that era, I'm sure. Playing my RuneScape bots.

[Anonymous No.24160052]

>>24149300
/biz/ was set up to get btc of /b/ actually, it was almost all about bitcoin and /smg/ was a fucking mess with like 1 or 2 serious people and the rest were trolls

most of the btc up for grabs was scams too