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/biz/ - Business & Finance


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4891173 No.4891173 [Reply] [Original]

HAS THE TANKENING BEGUN????

>> No.4891174

>>4891173
No, and its not going to, just like the 1000 other times you posted a thread like this

>> No.4891175

>>4891173
Oh no!
Literally no one saw that one coming.

>> No.4891176

It is up $1000 in the past hour.

>> No.4891177

>>4891173
It will hit 40 000 by January and will keep going up after that, as China dumps all their money into it, but feel free to be a faggot and sell now if you really are that much of a bitch.

>> No.4891178
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4891178

>> No.4891179

>>4891177
that's a possibility. Chinese citizens might buy it to get away from the state.
also, everybody who wants to hide and launder money.

>> No.4891180

>>4891173
i'm not sure anon, but here are two things to consider.
1.) the largest known holder of BTC is the FBI
2.) politicians are shilling hard against it right now
its only a matter of time, and while this may not be the big one, the big one WILL look just like this in terms of a massive sell off, followed by headlines of legal action, regulation, taxation, etc. on crypto currencies.
>inb4 newfags who've never heard of napster, megaupload, etc.etc.etc.

>> No.4891181

If you listen to Bitcoin fanatics, the coins will soon be worth more than all the gold in the world, each

>> No.4891182

>>4891173
No, merely a small setback as always happens at milestones. Perfect time to buy. 25k by next weekend.

>> No.4891183
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4891183

It will rise to $1 million

Checkem

>> No.4891184

>>4891183
R>>4891183
Go wash your teeth you fuckfaced bottleneck

>> No.4891185

>>4891173
>HAS THE TANKENING BEGUN????
I predict a "catch" period where it will go up quickly again, but only for a short bump. I think this is when it will stabilize to reasonable levels.

>> No.4891186
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4891186

>>4891173
JUST

>> No.4891188
File: 3.24 MB, 2944x7432, 1512742624423.jpg [View same] [iqdb] [saucenao] [google]
4891188

>>>/biz/
Fuck you.
Fuck this thread.
Fuck people like you.

>> No.4891187

>>4891177
>plz no sell

>> No.4891189

>>4891183
bitcoin will plummet in 2018
check

>> No.4891190

>>4891189
bitcoin will plummet before the end of 2017
check

>> No.4891191

>>4891180
napster, megaupload, etc.etc.etc. had central hubs/single points of failure. Bitcoin doesn't.

>> No.4891192

>>4891173
I fucking hope so, I wanna buy a new graphics card

>> No.4891193

>>4891173
It jumps up and down all the time

>> No.4891194

two more days until Bitcoin is traded by the CBOE. two more days of people positioning before the liquidity provided by futures and hedges puts a band around Bitcoin prices.

Can't wait as these Bitcoin threads rarely rise above (less than) humble brags/ chicken little speeches. Soon it will be about actual demand for the currency. If you are a GS scumbag preparing to offer ETFs/futures so you can get fleece the public with fee selling what you've described as a fraud, all this dark water liquid price movement is just building up demand.

"I could care less what bitcoin trades for, how it trades, why it trades, who trades it... If you're stupid enough to buy it, you'll pay the price for it one day." - Jamie Dimon

>> No.4891195

>>4891185
there are two "innevitable" tankings, the correction to around $9,000, and the true tankening when the gov false flags us and says "the terrorists bought the guns with bitcoin durr!" (if they even have to do that much to ban/regulate it)

someone (a liberal at that) on TV once said before the presidential election, "you have women, minorities, the handicapped, the sick, and the poor on one side, and you have white men on the other. I hate to say it, but I already know which of those two groups has the power."

alright now lets look at whos on side with BTC

Pro:
>Autistic Millenials
>Drug Dealers
>Whores
>Gamblers
>Naive Investors (Millennials)

Against:
>Every major financial institution on earth
>the elite overlords your parents are (wisely) invested in
>Microsoft, which is releasing its own crypto currency
>LTE coin, etc. etc.
>every politician who has ever mentioned it
>every financial guru who has made money doing anything besides mining
>everyone who lives off tax revenue in all seriousness

so yea... I'm glad people (mostly white and gook people) have gotten rich off BTC, but people like >>4891183 are painfully PAINFULLY fucking dull.
You think the USD is a fiat currency? HA! BTC has no military or natural reserves what-so-ever to back it.
>>4891181
have a (You)

>> No.4891196

>>4891191
Bit coin's point of failure will be the massive ledger becomes too large to validate in any meaningful time frame making it useless for actual commerce. The only people left will be the speculators, whoops.

>> No.4891197
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4891197

>>4891173
I knew it was going down...SELL SELL .SELL SELL

>> No.4891198

>>4891196
its useless for legitimate means because its too volatile. no one is going to break out a calculator to see if .000000152 BTC (rapidly changing on a wifi ticker) is a good price on a gallon of milk.

>> No.4891199

>>4891196

Is there some reason that they can't chop off the oldest parts of the ledger to keep the blockchain down to a reasonable size/length?

>> No.4891200

>>4891189
>>4891190
Now refrain form poster ever again retard. Also digits decide very bad luck for you in 2018.

>> No.4891201

bitcoin will fail

>> No.4891202

>>4891177
Youre talking about a global currency like its no big deal. Are all you people retarded or what?

>> No.4891203

bitcoin is a joke to rip money off idiots :rubshands: it has a predictive pattern of rise and fall, jew buys cheap, sells it to you expensive, and then buys it cheap again. rinse and repeat.

>> No.4891204

Brexit deal is almost done!
Bit coin btfo

>> No.4891205

>>4891199
Mostly validation error. Computers that validate parts of the full blockchain are called lightweight nodes for this reason. The issue is the theoretical combined effort of falsified transactions could end up stealing coins away from other people.

However this is yet to happen. Most bitcoin thefts are from data breaches.

The large amount of full nodes out there to validate transactions are responsible for making sure when you buy and sell bitcoin, that's exactly what you're getting. The key advantage of bitcoin's validation methodologies is that there's a LOT of full nodes. It has first mover advantage. It's damn near impossible to make fake coins at the moment. The full nodes will automatically invalidate them.

>> No.4891206

What's up with litecoin?

>> No.4891207
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4891207

>>4891198
Eventually the milk will be priced with a ticker as well, we will have the technology, the elctricity and the computing power to do so.

>> No.4891208

I hope you fuckers quoted me when I said bitcoin was like buying disney bucks when there isnt a disney. If stupid people want to buy invisible currency no government will accept and are placing legislation to ban it.

And you wonder why its crashing

>> No.4891209
File: 877 KB, 600x400, millennial_investors_25346125.jpg [View same] [iqdb] [saucenao] [google]
4891209

>>4891207
buy milk low, sell my high dude.
>just imagine the girls you went to school with, screaming like wall street investors around the soy milk section, desperately trying to lock in a good price
>loss in productivity = -$∞

>>4891208
but.. but... I'm a business savy millennial! theres no way I could lose everything!

>> No.4891210

My XRP is slowly rising... $1 a pop before February

>> No.4891211

bitcoin will crash to 4k and ppl on here will suicide over it

<<<check those quads

>> No.4891212
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4891212

4D chess the jews find out what we were doing and they didn't liked it one bit.

>> No.4891213

>>4891173
Most altcoins are up 10%+, Litecoin 30%+ today. People are just switching out of BTC to the hotter coins.

>> No.4891214
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4891214

Who will fall for the bull-trap?

>> No.4891215

>>4891173
>know about this since 2010
Why didn't I buy into this?

>> No.4891216

>>4891195
I love the accusations that bitcoin gets about being used for illegal activity. As if cash has never been used for something illegal.
They should look at Monero if they wanna wring their hands about an anonymous free market.

>> No.4891217
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4891217

>>4891214
>tfw I was starting to look into this shit back in the bear trap

FUCKING WHY?!?! I COULD'VE BEEN LOADED RIGHT NOW!

>> No.4891218
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4891218

>>4891214
>tfw profiting on mooning alts while everyone panics about bitcoin correction #352955

>> No.4891219

>>4891216
all that illegal cash has to get laundered and taxed somehow. BTC is cutting out every gov't on earth and face it, unless you're day trading the volatility (hopefully not with your life savings) you're waiting to get fucked. it is what it is lad.

>> No.4891220
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4891220

>>4891173
>anon read this article
I'm starting to get why that other anon wanted people especially newbies to read that bitcoin article.

>> No.4891221
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4891221

>>4891173
>POST YFW THERE IS PRICING DISPARITY ACROSS EVERY FUCKING CRYPTO EXCHANGE AND NO ONE KNOWS WHAT IT'S ACTUALLY SELLING FOR

>> No.4891222

I'm all about that FEDCOIN.
https://news.bitcoin.com/fedcoin-u-s-issue-e-currency/

>> No.4891223

I just took a second mortgage on my house and bought this shit at $17k. Im ruined. My wife is going to leave me.

>> No.4891224

>>4891173
We may be witnessing peak bubble. The amount of buyers is now less than the amount of sellers. All it takes is the trigger of a massive selloff and this bitch is popping.

>> No.4891225

>>4891223
You will hear many stories like this very soon.

>> No.4891226

>>4891173
It drops at this time every week bub

>> No.4891227

>>4891173
It will tank for sure.How much will it tank and at what value will it stabilize are the real questions

>> No.4891228

>>4891220
thanks for making me laugh bro

>> No.4891229

>>4891224

No-coiners hate : the post.

>> No.4891230

>>4891223
dude PLEASE tell me you are joking

>> No.4891231

>>4891227
$300-$400

honest to god I believe that's the current real value of this currency and even that is overly inflated. who wants to buy groceries on 1/8th of a bitcoin? its retarded.

>> No.4891232
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4891232

>>4891226
>t. millennial investment guru

>> No.4891233

>>4891221
Because the system is inefficient as fuck and the transaction backlog is up to like 220000. That's like half a day worth of transactions. So the market is running on 12 hour old information.

>> No.4891234

>>4891226
you are correct. every stock seems to do this to some extent. It's friday boys people cashing out their winnings because the market doesn't reopen for another 3 days.

>> No.4891235

Bitcoin just a game.

>> No.4891236

>>4891229
I want it to go down so I can buy the CURRENCY OF THE FUTURE

>> No.4891237

>>4891231
It will be even less soon. Monero will take over DNMs in the next 6 months

>> No.4891238

Bought into BTC with 1k CAD at 2k, bought out at 12k, then bought into XRP at 0.22, now at 0.25.

>>4891223
Well deserved

>> No.4891239

>>4891233
so what happens when all those transactions are finalized? lol

>> No.4891240

>>4891234
Bitcoin markets are open 24/7 dumbass

>> No.4891241
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4891241

Bitcoin will rise to 99 trillion checkem

>> No.4891242

>>4891239
220000 more to process

>> No.4891243

>>4891173
nice just bought 100k

>> No.4891244
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4891244

>> No.4891245

>>4891235
A game that in the span of 2 days gave me 20.000 eur in total. On a debit card.
That was 1.4 btc. Still have 1 btc left.

Already bought a vacation and took a few 1000 eur in fiat.

Nice game.
Considering a sabatical.

>> No.4891246

I have 10$.

>> No.4891247

>>4891194
>If you're stupid enough to buy it, you'll pay the price for it one day.
I threw $500 into it 3 months ago, my money tripled and i took the $500 back out and now i have $1000 in free money making more money for me. Looks like that faggot is wrong

>> No.4891248

>>4891245
Pay to win bitch. Stop cheating faggot!

>> No.4891249

I use to have 10,000 of these things 4 years ago, but I lost my hard drive

>> No.4891250
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4891250

>>4891173
$0000 - $1000: 1789 days
$1000 - $2000: 1271 days
$2000 - $3000: 23 days
$3000 - $4000: 62 days
$4000 - $5000: 61 days
$5000- $6000: 8 days
$6000- $7000: 13 days
$7000- $8000: 14 days
$8000- $9000: 9 days
$9000-$10000: 2 days
$10000-$11000: 1 day
$11000-$12000: 6 days
$12,000-$13,000: 17 hours
$13,000-$14,000: 4 hours
$14,000-$15,000: 10 hours
$15,000-$16,000: 5 hours
$16,000-$17,000: 2 hours
its all part of the game. There was a panic sell, its evening out, will keep going up.
we saw this already around 11k
just look at the quick gains the last 3 days, simple market correction. this is going to be like the 11000-12000 slot above.
market shot up quick, people panic sold, now people are buying up the cheap coins

>> No.4891251

>>4891195
>"the terrorists bought the guns with bitcoin durr!"
This would make bitcoin price skyrocket. I could only be so lucky

>> No.4891252

>>4891234
>every friday BTC peaks at $19,000 and comes down to as low as $13,560
no, you're referring to black friday when it went up to 11k, and this friday. its not that simple and you know damn well you have nothing to prove the trend.

>> No.4891253

>>4891173
Reminder bitcoin is a zero sum game.

It creates no wealth. All new wealth is new inverstors coming.
Therefore, you have 50% winners, 50% losers. In reality, due to transaction fees, there is more losers than winners. The actual, true winners are bitcoin exchanges.

When all things are done, will you be on the side of the loser or the winner, anon? This is the BTC game.

>> No.4891254
File: 212 KB, 710x400, laughing jew.webm [View same] [iqdb] [saucenao] [google]
4891254

>>4891173

>> No.4891255

>>4891245
High risk, high win. Enjoy your vacation.

>> No.4891256
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4891256

I JUST CASHED OUT MY 401K AND BOUGHT 3.245 BTC YESTERDAY

>> No.4891257

>>4891250
don't forget transactions are taking DAYS so if it tanks you are FUUUUUUUCKED

>> No.4891258

>>4891256
youll see gains by new years

>> No.4891259

Don't forget to bring a towel.

>> No.4891260

>>4891247
same play here, put in $5k in august, cashed out $5k not too long ago, playing with profits now

keeping a cash reserve in place for the upcoming next major crash, planning on buying and accumulating when everyone else is panicking and selling for a steep discount.

bitcoin is shaping up to be the most secure bank in the world as long as youre not a total fucking retard and store your coins in cold storage on a hardware wallet.

>> No.4891261

>>4891257
why is pol saying this? I see nowhere else saying this and I havent had this issue. transaction takes about 30mins

>> No.4891262

>>4891248
I started last May with 1.500 eur.

Work back then was fucking me over.
Never thought I was riding a wave this big. But I know when to stop.

Fuck paying taxes though: anonymous debit card and withdrawing 1000 eur every day.

Mind you: watch for ELIX, singularitynet and hessiannetwork. Really underestimated. Probably next summer day-hopping to the ATM again/

>> No.4891263

>>4891256
Stay in /biz/ and keep spamming those pics.

>> No.4891264
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4891264

>>4891214
>regression back to the mean
lol

>> No.4891265

come to this channel in discord /RBAR3Z

last pump for me and i'll get my lambo

>> No.4891266

>>4891260
i just used coinbase (just fuck my shit up) but i'll transfer to a private wallet if i get enough that i want to save

>> No.4891267

Eventually, the bubble will pop, and some poor individuals will be left holding the bags. I hope it's the chinks or the kikes that will be screwed in the end.

>> No.4891268
File: 82 KB, 1354x941, bitcoincrashing-fullpage.png [View same] [iqdb] [saucenao] [google]
4891268

oh no. that market has totally crashed. pol sure showed me

>> No.4891269

Its going to drop back down to 10k-11k~ buy it then

>> No.4891270

who cares

>> No.4891271

are we at the point of people betting on the specific date heads of governments will die?

>> No.4891272

>buying the crypto-Jew

>> No.4891273

>>4891261
how much did you withdraw? I guess a few hundreds ia not the same as 20k

>> No.4891274

How to buy bitcoin? Does it have anything to do with computer? My computer has 4GB of RAM plus I have 250GB EHDD. That's how much bits? Can I cash it?

>> No.4891275
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4891275

>>4891173
Need some.

>> No.4891276

>>4891274
You should probably hang yourself brainlet

>> No.4891277

>>4891262
anonymous debit card? i don't have that here.

>> No.4891278

fuck off with these threads

this is the politics board dumbass

>> No.4891279
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4891279

>>4891173
I cashed out 4.113424 coins at 16941. Hope it was the right move. Mining for years pays off a loan and a car. Feels good.

>> No.4891280
File: 341 KB, 593x635, 1511470192748.png [View same] [iqdb] [saucenao] [google]
4891280

HAHAHAHAHA ENJOY YOUR CURRENCY BEING WORTHLESS BIT-DRONES!

*nervousness intensifies*

>> No.4891281

>>4891278
>waaaa i don't understand what politics really is
kys

>> No.4891282

>>4891269
I think it will stabilize at 12-13k until it rallies again.

>> No.4891283

>>4891223
Assuming this is a larp shitposter but I'll tell you anyway:

>buying at a peak
lol retard

>> No.4891284

>>4891173
TFW you just stole 100M in bitcoin and then it tanks down to nothing...When will thieves ever learn?

>> No.4891285

>>4891173
This semen slurping meme isn’t for me

>> No.4891286

>>4891277
cryptopay.me.

It's legit: ATM/ online shopping, irl shopping for wtf ever.. it works

>> No.4891287
File: 32 KB, 1134x249, 1512749812173.png [View same] [iqdb] [saucenao] [google]
4891287

a lot of people got their coins stolen today too

LMAO

>> No.4891288

>>4891173
You guys realize the value goes up when we talk about it and it plummets when we stop talking about it right? Tha valuation of the currency is based of the popularity of the term.

>> No.4891289

>>4891202
This is where you're wrong. It's crypto currency not global currency. There is no paper or coins. As long as people keep putting in it will rise, when people sell it will drop easy as that. And as much as it's growing now the drop won't happen for quite some time now. I give it half a year before it starts settling down.

>> No.4891290

>>4891281
it's not this idiot, which is why mods usually remove these threads

>> No.4891291

>>4891282
If it falls bellow 14k it's probably over.

>> No.4891292

OANDA better hurry up and let me short this shit

>> No.4891293

>>4891273
Transaction times are roughly based on how much you're willing to pay in transaction fees.
There's a limited number of transactions that can be done every 10 minutes due to limited block size. You can freely choose how much you're willing to pay in transaction fees, but transactions with the highest fees get processed first. If you're willing to pay, you can get it thru in 10 minutes. If not, you'll wait for hours.
It was a system designed to keep a healthy balance between low fees while making sure that maintaining the blockchain remains profitable.

>> No.4891294

>>4891173
15% fluctuations are normal for bitcoin. Use this chance to buy a little cheap.

>> No.4891295

What would happen if we start a rumor and spread it around Facebook and Twitter that someone managed to hack and replicate a BitCoin?

>> No.4891296

>>4891290
you should apply to be a janitor, i heard theres a nigger hate thread that needs to be shutdown ASAP on page 8

>> No.4891297

>>4891295
The only people who'd fall for it are dumb normies who hadn't invested much in the first place and therefore cannot affect the price too much.
So not much at all probably.

>> No.4891298

>>4891286
well that changes everything. thanks anon

>> No.4891299

>>4891291
Maybe but this has happened all year
>Big rally
>30% drop
>Big rally
>30% drop
>again and again
I've been expecting this shit to crash since it was 3k.

>> No.4891300

Litecoin 4$ at start of 2017

Now climbing at 128$

BitchCoin btfo

>> No.4891301

>>4891295
Say they replicated the master bitcoin that all other bitcoin were made from.

>> No.4891302

>>4891301
>One coin too rule them all!

>> No.4891303

>>4891295
>>4891301
Please do this. I want it to crash hard.

>> No.4891304

>>4891287
Nicehash, 67 Million stolen in likely exit scam.

>> No.4891305

>>4891300
>not trading back and forth to ride the waves
Don't get ideological about coins. Most of them will probably not exist within a few years anyway. All that matters is you can profit from their volatility.

>> No.4891306

>>4891289
Under 1000 wallets hold at least 40% of all bitcoins ever mined.

Owners of those wallets are in a powerful position to pump and dump the value of coins by faking a huge selloff or currency movement. It's only a matter of time before they start organising in a way that moves the price in their favour.

https://www.bloomberg.com/news/articles/2017-12-08/the-bitcoin-whales-1-000-people-who-own-40-percent-of-the-market

>> No.4891307
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4891307

>>4891301

>> No.4891308

>>4891173

You braindead retards make this thread every minor drop as it continues staying in the uptrend since the beginning

>> No.4891309

>>4891299
The only sectors of the economy showing real growth are crime and drug pushing, it’s why bitcoin is exploding.

>> No.4891310

>>4891173
People are taking profits, that or the exchanges are clogged up

>> No.4891311

>>4891298
>cryptopay.me
It DID change everything for me.
No more "wtf am I going to do with all these shitcoins"

online purchases:
oneplus5 phone
laptop
humax TV
airline tickets

in-shop purchases:
playstation (no: for the kids)

atm withdrawing like milking a honey cow right now

>> No.4891312

>>4891223
I bought 500$ at 16k, but you are even more funny

>> No.4891313
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4891313

I wish I could line up each and every single person that floods this board with cryptocurrency threads and slowly dig a .50 bmg into their skulls and hit the primer into their brains using a hammer

>> No.4891314

>>4891301
>>4891301
>>4891301
>>4891301
>>4891301
>>4891301

>> No.4891315

I bought 2 coins at 19k

>> No.4891316
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4891316

>>4891315
Why?!

>> No.4891317

>>4891315
thanks buddy :)

>> No.4891318

>>4891202
They aren't retarded, they are willfully ignorant. They saw a get rich quick scheme and like all get rich quick scheme it throws all caution to the wind, opting instead for some rose tinted blinders, and dove in headfirst.

>> No.4891319

>>4891306
How many of those wallets are randoms that mined fuckloads of them back in the day and forgot about them.

>> No.4891320

>>4891315
You are actually to stupid to be here if thats true

>> No.4891321

>>4891295
Nothing. Its market capitalization is at above 200 Billion.

Do you seriously believe any amount of shitposting will make a dent in its price?
At least you'd need a full on MSM propaganda campaign to pull that off.

>> No.4891322

>>4891319
That's even worse? A large part of your worth is literally in dead money?

>> No.4891323

>>4891309
That's very smart analysis.

>> No.4891325
File: 22 KB, 1280x720, CDA697E5-C682-472F-9AD3-E6F970CDE8D9.jpg [View same] [iqdb] [saucenao] [google]
4891325

>>4891321
Are you saying it would be the first time the MSM would swallow a bait from here?

>> No.4891324

>>4891215
Because you have a brain, anon

>> No.4891326

Still up over $4000 in one month...

>> No.4891327

>>4891306
>Under 1000 wallets hold at least 40% of all bitcoins ever mined.
It basically like the real world. 500 people owning 2/3 of the world

>> No.4891328

>>4891321
perhaps if the ruse is clever enough. is there a theoretical, even science fictiony way that bitcoin could actually be compromised? something that would really touch on a person's primal fear?

people have a primal fear of being being anally penetrated... also the word "backdoor" is associated with hacking... what about... Elon Musk has been subsidizing Tesla by using the Bitcoin Backdoor? It subtly evokes a mental image of being sodomized by Elon Musk.

>> No.4891329
File: 49 KB, 639x464, log scale bitcoin.png [View same] [iqdb] [saucenao] [google]
4891329

>>4891291
It's increased 10x in less than a year. Even if it corrects to the tune of thousands, it's still a massive increase.

See pic-related for BTC growth pattern. Note the log scale, and while this one is only to 2013, the same trend has occurred up through to the current day. People a year ago were using pretty simple algorithms to predict a price of 10k by the end of 2017. I do think there will be a correct probably down to 10k or so

>> No.4891330

>>4891322
There are more of these cases than you think.

http://www.zerohedge.com/news/2017-12-06/man-who-threw-away-bitcoin-now-has-over-100-million-reasons-dig-landfill-site

This guy has 100 million dollars worth (probably more now) and he wants to dig up an entire landfill because his girlfriend made him throw out a hard drive.

>> No.4891331

>>4891327
Except in those real world those people own businesses and offer services and jobs to people, or fund innovation/research. So it's basically nothing like the real world unless you envision every rich person as having a scrooge mcduck swimming pool of gold.

>> No.4891332

>>4891327
only 2/3 of the currency.

>> No.4891333
File: 30 KB, 286x246, 1484727711559.jpg [View same] [iqdb] [saucenao] [google]
4891333

>>4891183
In 2020 bitcoin will no longer be a thing

>> No.4891334

>>4891253
>50% winners and 50% losers

being this retarded

>> No.4891335

>>4891197

Kek buy high sell low. A true captain goes down with his ship.

>> No.4891336
File: 2.91 MB, 400x169, 1512664863618.gif [View same] [iqdb] [saucenao] [google]
4891336

>>4891335
>This

>> No.4891337

>>4891330
why did she makes him throw it out? was it porn?

>> No.4891338

>>4891323
He is not wrong you know.
It did start as the currency for black markets. Imagine being the guy holding the ledger. Wew lads.

Now indeed a lot of boomers/ companies wsant in. Dumb fucks dont even know what a blockchain is.

>> No.4891339

>>4891253

How is it a zero sum game? Do you believe fiat is a zero sum game as well?

>> No.4891340

>>4891330
This is the one "flaw" of bitcoin. It's the equivalent of keeping all your money in a wallet. , rather than a bank. That wallet could be incredibly secure or incredibly exposed, but the onus is on YOU to secure your shit. It's not like a bank that will secure your stuff for you so you don't need to worry about anything.

>> No.4891341

What good is a currency whose value goes up or down 15% every day?

>> No.4891342

>>4891338
Ackshually bitcoin is completely secret absolutely no way anyone has a ledger containing the child porn and drug purchases

>> No.4891343
File: 14 KB, 377x123, Capture.png [View same] [iqdb] [saucenao] [google]
4891343

>> No.4891344

>only 2 red wojaks
must be a nothing burger

>> No.4891345
File: 556 KB, 492x640, Chocolate.gif [View same] [iqdb] [saucenao] [google]
4891345

>>4891195
>BTC has no military or natural reserves what-so-ever to back it.
Yes it has something better

MATH

>> No.4891346

Btw for a nice, relatively unknown youtube channel, check out quinn michaels.

He is spot on on most things concerning crypto, though he can be a paranoid ass sometimes. Good movies before sleeping

>> No.4891347

>>4891342
Wrong

>> No.4891348

>>4891175
you guys keep saying that and bitcoin just keeps going up. im starting to feel pretty dumb for not investing in it by now. i feel like those guys who say "wow i had the chance to invest in apple back in the 90s, my 30 dollars would be worth 1 trillion" we will be interviewed in the future for being so stupid that we didnt even buy one single penny worth of bitcoins which will be worth 1000 gazillion in the future, who knows

>> No.4891349

>>4891348
Housing market also went up before it completely fucked america for a few years

>> No.4891350

>>4891264
https://www.youtube.com/watch?v=p7vpTCFUqqU
How to quell concerns when potential suckers ask is this a ponzi scheme or a racket

>> No.4891351

>>4891341
It's good because you sell it when it goes up.

>> No.4891352

>>4891183
oh boxxy, i miss you, i want to fill you up with my load.

>> No.4891353

what if... instead of buying into bitcoin and using it, banks and companies just organized a different cryptocurrency to become the standard, colluding against bitcoin in order to replicate bitcoin's growth.. but in a controlled manner where they get to buy in this time.

the intrinsic value of bitcoin could be completely replicated by making something that replaces it, and pushing it in a systematic manner with major financial backing. the illegal markets couldn't make up for this. or am I wrong?

>> No.4891354

>>4891177
>>4891179
China is implementing regulations against Bitcoin as we speak.

>> No.4891355

>>4891353
in fact... im saying... the powers that be are going to murder bitcoin and bury it in a shallow grave in 2018. check eem

>> No.4891356

>>4891353
>colluding against bitcoin in order to replicate bitcoin's growth.. but in a controlled manner where they get to buy in this time.
They have already done that and are doing it.
Yet, you and everyone has a choice. The bank of "You" or the bank of "someone else"

>> No.4891357
File: 62 KB, 800x450, 77d[1].jpg [View same] [iqdb] [saucenao] [google]
4891357

>tfw bough $10,000 worth when Bitcoin hit 17,000

It's gonna go up again... right guys?

>> No.4891358

>>4891173
I wish I would have bought in back in July :(

>> No.4891359

>>4891356
I would pick the bank of someone else if it's going to replicate bitcoin's growth

>> No.4891360

>>4891351
I mean how is it useful as a method for exchanging it for something other than usd? How can people who sell barrels of rice or gasoline or anything set a price when it changes constantly?

>> No.4891361
File: 77 KB, 237x352, 1451985480451.jpg [View same] [iqdb] [saucenao] [google]
4891361

>>4891330

JUST JUST JUST JUST

J U S T
U
S
T

I'd kys myself

>> No.4891362

>>4891173
A model of volatility.
I'd put all my money on it, because I'm a moron.
>BET THE RANCH ON IT FAGGOTS
>PUMP THAT SHIT SO I CAN SELL MY MINE
>BUY MORE FAGGOTS, BUY MORE

>> No.4891363

>>4891349
>for a few years
when investing you are talking about longer periods of time, kiddo

>> No.4891364

>>4891356
And here we see it, someone finally admitting it. Bitcoin is nothing more than a postmodern dream.

>> No.4891365
File: 62 KB, 500x500, EC6FF7CE-5B53-4925-9556-657F627649AA.jpg [View same] [iqdb] [saucenao] [google]
4891365

>>4891352
She’s on YouTube.

>> No.4891366
File: 75 KB, 500x500, DJuvI_OXcAAO9wT.jpg [View same] [iqdb] [saucenao] [google]
4891366

>>4891173
>BTC goes to 14 to 17k in 6 hours
>BTC falls to 15k in 6 more hours

Response: OMG BTC CRASHING!

Reality: BTC up 1k in 12 hours.

>> No.4891367

>>4891353

Most people who own bitcoin don't care about the banks and would spot this out easily. Financial institutions can't really jew the bitcoin too much

Owning bitcoin isn't super hard, but it does take some effort to set shit up so bitcoin owners are generally more aware of what's going on and understand the idea of holding on and not cashing out.

Also, and unrelated, if bitcoin dipped to 9K...y'know what would happen...Myself and tens of thousands of people would buy a fuckload of it

>> No.4891368

I think Bitcoin is a shadow gold market. The cash being generated in gold and silver derivatives are being put into Bitcoin.

>> No.4891369

>>4891355
If the powers-that-be try to ban bitcoin it will be guaranteed to become a global phenomenon and explode to 1 million dollars.

>> No.4891370

>>4891361
Pepe wants you to kill that guy and steal his landfill. Wait a minute... wait. We should do a /pol/ operation to recover that guy's hard drive and extort his ass.

>> No.4891371

>>4891369
Andrew Anglin will be one of the richest men in the US thanks to Jewish fuckery. Dailystormer will be able to get its own domain

>> No.4891372

>>4891360
>how is it useful as a method for exchanging
because it can be exchanged for goods and service
> How can people who sell barrels of rice or gasoline or anything set a price when it changes constantly
because it can be exchanged for goods and service

It works exactly the same as any other currency except for one difference, no government can suddenly print millions of it and ruin it.

>> No.4891373

>>4891372
How are stocks useful as an exchange mechanism?

>> No.4891374

>>4891173
Whenever you see this thread is the time to buy, hold until you lose 5% from a major high. Do this 100 times in 2018 and you = millionaire lol

>> No.4891375

>>4891372
The only way you can exchange it for goods and services is by first converting it to a useful currency like US dollars Because who would be crazy enough to price anything in bitcoin.

>> No.4891376

>>4891364
Is it a postmodern dream to put everyone's net worth in their own hands? It's incredible to me that people trust a bank more than they trust their own self. I can fly all over the world with a code in my brain and that's it. All my money is tied to that word or series of words numbers etc.

It took my over 6 months and 3 lawyers to get my money out of a country when I moved. With bitcoin it could have taken 0 seconds.

>> No.4891377

>>4891329
>>4891299
>what are supports and resistances
Percents don't matter in trading.

>> No.4891378

>>4891374
gamblers monte carlo fallacy

>> No.4891379
File: 325 KB, 904x583, 1510182115800.jpg [View same] [iqdb] [saucenao] [google]
4891379

>>4891173
>bought the dip at 16.9
>it just keeps falling
Fuck

>> No.4891380

>>4891372
IE this. It’s to volatile to use as a currency.

http://www.bbc.com/news/technology-42264622

Shares of Apple have value, but you can’t directly buy anything with them. Bitcoin is not a currency until the price stabilizes.

>> No.4891381

I hope it crash back to 10 dollars so I can buy a shit ton right before it shoots back to up all the way to 30,000 dollars

>> No.4891382

>>4891357
It will. This is normal volatility.

>> No.4891383

>>4891367
>>4891369
you guys are sort of right but I just like to think about it this way... if it got locked out of mainstream usage by monopolization, and then a replacement was slowly, inexorably grown by a bank or something... I mean... it would create a whole gold rush in the opposite direction, wouldn't it? not saying it would eliminate bitcoin but you could systematically replicate its early growth.

its value is predicated on future adoption. as in, the idea that it will be exchangeable for more things in the future.. right? that's if you subtract the aspect of the whole thing that's just gambling. it's predicated on it becoming... you know, what it's supposed to be. the main vehicle of the decentralized technology that it represents.

and it doesn't lead that race because it's the first, it leads that race because it's the most widely adopted. what if a major bank decided to fully integrate and market a different crypto tomorrow? thereby fully opening it up to purchase by normies with even less effort than it takes to buy bitcoin today?

bitcoin could be killed by superior marketing.

>> No.4891384

>>4891274
>democrat
>moron
lurk moar faggot

>> No.4891385

>>4891217
>>4891256
>>4891357
>>4891379
I'd like to take a minute to thank /biz/ for this excellent meme

>> No.4891386

>>4891379

Same. I bought at 10k to test the waters, then I bought at 17k and it fell. Regardless, i'm playing the long game, 1 year minimum. If it crashes before that, oh well. I just don't want to pay the short-term capital gains tax when I pull it out into my bank account.

>> No.4891387

>>4891274
>>4891276
>>4891384
>two leaf fall for it
can't make this shit up

>> No.4891388

>>4891173
How man fucking bitcoin shill threads are there going to be.
Every FUCKING DAY 1 POST BY THIS ID
I want to murder you shills.

>> No.4891389

>>4891380
>Shares of Apple have value, but you can’t directly buy anything with th
Ask me to buy my car for Apple shares. the answer will be yes.
Also Apple can always do another offering. bitcoin can't.
Anyway 90% of my day to day life I pay for in Bitcoin.. so keep believing you know better.

>> No.4891390

Bitcoin is in a speculative bubble right now. When that bubble will pop I do not know but when it does there will be a big drop. Big gainers will be big droppers.

Ride the wave while you can.

>> No.4891391

>>4891330
listening to women, not even once, he deserves it
now they're trying to push more women in crypto for the "le equality" meme
you bet your ass these same parasitic roasties that shittalked their beta boys for investing in crypto before will now be coming for their ex husbands btc for alimoney and settlements in divorce cases

>> No.4891392

here's a pua from vh1 pickup artist
https://www.youtube.com/watch?v=Vfhbjkge4fs
talking about bitcoin in almost 6 years ago
https://www.youtube.com/watch?v=Vfhbjkge4fs

>> No.4891393

>>4891330
how do we find this nigga hard drive fr

>> No.4891394

https://www.youtube.com/watch?v=Vfhbjkge4fs
>>4891392
wrong link
a pua talked about btc in 2012 thats when i got on board

>> No.4891395

>>4891394
one more time to put correct link
https://www.youtube.com/watch?v=pYxzl7Bi9KE

>> No.4891396

>>4891389
>Anyway 90% of my day to day life I pay for in Bitcoin

Not him and not following your conversation, but I was wondering who actually was getting bitcoins for the purpose of making real purchases with it and not to just flip it for profit.

Why did you make this move?
Would you use other cryptos?

>> No.4891397

>>4891179
False, bitcoin isnt as anon as people like to believe: every bitcoin transaction, once found on the blockchain, can be traced

>> No.4891398

>>4891209
Where's the paper calculations? Spreadsheets? Q10 reports? Company profiles and research? Desktop calculator? The tired, weary eyes of tight deadlines and near-impossible milestones?

God I hate stock photos like these.

>> No.4891399

BUY ARK BUY XLM BUY CARDANO AND WAIT FOR SALT

>> No.4891400
File: 29 KB, 633x758, 10138276.jpg.png [View same] [iqdb] [saucenao] [google]
4891400

I JUST BOUGHT $15000 OF BITCOIN REEEEEEEEEEEEEEEEEE

>> No.4891401

>>4891200
>Now refrain form poster ever again
You need to get that autism checked, anon. You're really close to going full retard.

>> No.4891402

>>4891396
Yes I would definitely use other cryptos. The problem is that that companies are slow to adopt it.

Right now I can buy directly from NewEgg, Expedia and Overstock with bitcoin. I can buy instant gift cards to the penny through egifter and I do it daily. I can also buy anything for 10-15% off at amazon through purse.

Everything else I use my Bitcoin debit card.
Even my landlord accepts bitcoin this year after refusing last year. I showed him how much he would have made. Made he crazy lol

>> No.4891403

>>4891214
Right now we're exactly there. Just bail on the 14th or 15th before the exchanges ((((shut down)))) and you won't have to ride out the crash.

>> No.4891404

>>4891402
Interesting, what promoted this move?
What would you look for or avoid in a crypto?

Sorry this sounds like an exam, those are my last questions.

>> No.4891405

People keep saying it's a bubble and it's obvious they do not know much about the history of bubbles. There is generally no knowledge that you are in a bubble during a bubble. nearly every bitcoin owner is aware of the potential for loss unlike, well, every other bubble in recorded history

>> No.4891406

>>4891405
I think the anxiety comes from it's harder to tell who is buying them all.

I heard only 800 people reported their bitcoins to the us tax department last year, too.

>> No.4891407

>>4891173
>152505753
SHIT GUYS JUST SOLD MY 0.000000043 COINS WEW CLOSE CALL

>> No.4891408
File: 111 KB, 280x310, Untitled.png [View same] [iqdb] [saucenao] [google]
4891408

WHAT TRHE FUCK. after reading constant /biz/ threads and subreddits about bitcoin i finally swallowed the coin pill AND PUT IN 25K OF MY LIFES SAVINGS ON COINBASE. WHAT THE FUCK MAN!!!! I FUCKING HATE YOU FAGGOTS!!! IM DONE!!!

>> No.4891409

>>4891237

monero to the moon bro. DNMs are the fundamental backers of crypto value

>> No.4891410

>>4891389
Isn't what you are describing a barter system?

>> No.4891411

>>4891404
Well I have lived in alot of countries and moving your money legitimately from one country to another takes an act of god sometimes.
I found out about bitcoin while trying to move my money from a South American country that I had deposited a year earlier in two hours from the US. It took me over six months and probably 100 hours of my time to do. That's what got me into crypto. I never wanted that to happen again.

What i look for in a crypto is easy. Liquidity.
If you can not sell you entire bad of crypto in one day, don't put to much in that coin.

>> No.4891412

>>4891241
>>4891183

kek

>> No.4891413

>>4891411
Interesting answer, but don't exchanges slow in big selloffs?
And don't you need buyers?
Or are they so abundant it's not a concern.

>> No.4891414
File: 332 KB, 1200x1812, IMG_2329.jpg [View same] [iqdb] [saucenao] [google]
4891414

I want to buy 1 whole btc, when is a good time to get in?

>> No.4891415

>>4891410
Or a form of exchange, semantics really.
The point is that Bitcoin is deflationary.
The anon used the example of Apple. Apple can and has offered more financial instruments. They sell bonds all the time no ? They are selling their debt.

>> No.4891416

>>4891414
one year ago

>> No.4891417

>>4891173
it will fall to 666

>> No.4891418
File: 62 KB, 1325x569, wew lads.png [View same] [iqdb] [saucenao] [google]
4891418

Seattle Racketeers

>> No.4891419

>>4891177
12/8/2018. Buttcoin down to $800. Check em.

>> No.4891420

>>4891203

if it's so predictable, why aren't you the jew?

>> No.4891421
File: 37 KB, 620x408, 1379244581894.jpg [View same] [iqdb] [saucenao] [google]
4891421

>>4891173

well the problem with bitcoin really is selling when you still can, when it drops you can't sell anymore.

>> No.4891422
File: 17 KB, 200x199, 1420862366287.jpg [View same] [iqdb] [saucenao] [google]
4891422

>>4891315

>> No.4891423

>>4891413
That's why I look for coins that do over a million a day in exchange and on legitimate exchanges.

The BIG news in 2018 will be decentralized exchanges. I would bet by 2020 centralized exchanges are a thing of the past.

The only thing needed right now for exchanges is the ability to convert to fiat. If everyone starts accepting crypto, well no use for any centralized exchanges anymore.

>> No.4891424

>>4891173
No. Every dumbass who see this will think "NOW DA TIME 2 BUY!" and buttcoin will recover as asshats buy coins from other asshats in an endless cycle of scammery

>> No.4891425
File: 1.50 MB, 1644x1246, 1510343556064.png [View same] [iqdb] [saucenao] [google]
4891425

>>4891173
>its on a moon mission
>just buy and hodl

>> No.4891426

>>4891173
I hope so. My butthole hurts too much. When it drops under 5000, Ill buy some

>> No.4891427

>>4891414
today

and immediately buy some Waves and ARK and wait one year and be very happy.

>> No.4891428

>>4891423
How can I see how many exchanges are happening a day?
How can you spot a "legitimate exchange" from a bullshit artist?

>> No.4891429

>>4891421
>when it drops you can't sell anymore.
You can sell at market anytime, easily. 24/7 365

>> No.4891430

>>4891348
Just remember; you don't have the money til you sell the product, too many people get burned by 'investing' in items that don't pay dividends as though they were stocks and never selling them until they crash.

>> No.4891431

>>4891428
https://coinmarketcap.com/exchanges/volume/24-hour/

>> No.4891432

>>4891183
these doubles confirm bitcoin will be worthless in half a year

>> No.4891433

people wonder what bitcoin's real value is besides crime... what if it's just gambling? and the endless appeal to the human desire for money? there are constant technological improvements in being able to exchange it for currency... but almost no progress in being able to exchange it for goods... because who the fuck wants to do that?

it's like an eternal paper trading game with real money that will go on forever and never be predictable or conform to any pattern, because it has no economic characteristics.

>> No.4891434

>>152508888

>> No.4891435
File: 76 KB, 448x184, if more people believe its a scam then the price will go up or if not then the price fgoes down.png [View same] [iqdb] [saucenao] [google]
4891435

>>4891434
kek

>> No.4891436

>>4891431
huh, vertcoin isn't on there

>> No.4891437

>>4891433
>because it has no economic characteristics.
except the fact that you can buy almost anything with bitcoin right now. In a year it will be everything. I pay my damn yardman in crypto, for real

>> No.4891438

If it doesn't pick up after the weekend, then yes.

>> No.4891439

>>4891432

Fuck off kekfag.
Kek himself can prove his existence if that's the fucking case.

>> No.4891440

>>4891340
>it demands a modicum of responsibility
Horrifying. Really tho, securing and backuping your wallet is easy and takes a minimum amount of effort.

>> No.4891441
File: 475 B, 350x350, btc.png [View same] [iqdb] [saucenao] [google]
4891441

>> No.4891442

Pity that I sold most of my bitcoins years ago.

I only have 3 bitcoins left. But I could have been a millionaire.

>> No.4891443

>>4891437
yeah but nobody's going to start doing that dude be real. he accepts those because he likes gambling.

>> No.4891444

>>4891436
You asked about exchanges, I posted a list of exchanges.

Vertcoin is right here, number 35.

https://coinmarketcap.com/

>> No.4891534

>>4891333
checked

>> No.4891570

>>4891442
how much profit you made?

>> No.4891648
File: 649 KB, 263x396, 1497892639085.gif [View same] [iqdb] [saucenao] [google]
4891648

1) buy bitcones
2) ez monay
3) caashhh o o o utt...........

>> No.4891700
File: 488 KB, 603x325, ohno.png [View same] [iqdb] [saucenao] [google]
4891700

WHO COULD HAVE SEEN THIS COMING

>> No.4891870

>>4891223
I hope it skyrockets to the stars. Don't hold, sell as soon as it gets back to your initial investment

>> No.4891931
File: 75 KB, 1153x692, 1473740898611.jpg [View same] [iqdb] [saucenao] [google]
4891931

Would it be smarter to buy in with eth on coinbase rather than btc at the moment

>> No.4892061

Will the bitcoin drop any further ?
I want to refill ffs

>> No.4892066

>>4891350
>If they don't agree and say "right", you may want to disqualify them, They are the wrong person. I never meet any really skeptical rich people. Most people who are skeptical and negative are usually broke!
Top kek. That guy even has that fake smile thing that wannabe scammers have.

>> No.4892067

>>4891173
welcome to crypto newfriend