NOCOINERS BTFO!!!!!!

[Anonymous No.4962156]

With a clear and healthy price correct over, Bitcoin continues its meteoric rise.

[Anonymous No.4962157]

Stop trying to make us buy and raise the price

Good luck selling when the dump comes you puppet

[Anonymous No.4962158]

>>4962157
But I thought this was the dump...

[Anonymous No.4962159]

>>4962156
>two weeks for a trade to settle
>reports of trading sites not sending withdraw wires
>70 mil wortg of buttcoins stolen from "hacked" site
This is going to end very badly for a lot of people

[Anonymous No.4962160]

>>4962157
I thought that was supposed to be today?

[Anonymous No.4962161]

>>4962159
I lost $0.50 from nicehash which was pending. It took like 4 hours to mine. I'm still a bit pink about it

[Anonymous No.4962162]

>>4962159
How's poverty no coiner?

[Anonymous No.4962163]

>>4962159
>two weeks for a trade to settle

Lol no.

>reports of trading sites not sending withdraw wires

Lol reports.

>Bitcoins were stolen therefore bitcoin is bad.

You're hilarious.

>This is going to end very badly for a lot of people

Alright, friendo, if you say so. Let me know when the "crash" actually happens.

[Anonymous No.4962164]

>>4962156
WHAT?!

ARE YOU TELLING ME I SHOULDNT HAVE PANIC SOLD YESTERDAY?!

[Anonymous No.4962165]

>>4962164
No, you should have. And you should buy back in today.

Sell high, buy low baby.

[Anonymous No.4962166]

>>4962156
Well yeah, they added futures earlier today and sat it at $15k. It will go high

[Anonymous No.4962167]

>>4962166
It went so high so fast that trading futures was halted.

[Anonymous No.4962168]

>>4962156
>NOCOINERS BTFO!!!!!!!
>0.003 bitcoin balance

[Anonymous No.4962169]

>>4962168
.001 coiner here. I will be rich soon.

[Anonymous No.4962170]

>>4962157
It happened today, retard.

[Anonymous No.4962171]

>>4962156
Gonna crash big time. Inflated assets don't survive for too long. At the end of the day, real man made value counts, hypes don't.

[Anonymous No.4962172]

>BUBBLE
>TULIPS
>MONOPOLY MONEY

How do we stop nocoiners from killing themselves when BTC is 100k?

[Anonymous No.4962173]

it will collapse, but not yet
would let you know when, but zero fucks

[Anonymous No.4962174]

>>4962157
DO YOU THINK THIS IS A FUCKING GAME? I MORTGAGED ALL MY HOME EQUITY TO BUY 10.25 BTC

[Anonymous No.4962175]

>>4962171

>finite supply
>increasing demand

Yup, you’re a retard too it appears.

[Anonymous No.4962176]

>>4962156
nocoiners on suicide watch

[Anonymous No.4962177]

>>4962156
Muh 0101 currency

[Anonymous No.4962178]

>tfw neet
>tfw gonna be rich because of btc

[Anonymous No.4962179]

>>4962175
There's no real value behind something that can be inflated "infinitely" in theory. At one point or the other, it's gonna crash like the housing market, the dotcom bubble or anything in history, the Dutch tulip business centuries ago.

Educate yourself, before you call anyone else a retard.

[Anonymous No.4962180]

>>4962168
I have two accounts.

[Anonymous No.4962181]

>>4962156
just buy some siacoin my dude

[Anonymous No.4962182]

lol
I'm so fucking rishh haha
I'm so effin rish
haha, I have bitcoins, very rishhh lol

[Anonymous No.4962183]

Who else aboard the XRP train?

[Anonymous No.4962184]

>>4962179
>There's no real value behind something that can be inflated "infinitely" in theory.

Right! Like gold. There's no real value in gold.

[Anonymous No.4962185]

>>4962182
t. nocoiner

[Anonymous No.4962186]

>>4962157
>Stop trying to make us buy and raise the price

>Implying a bunch of basement dwelling, jobless LARPing NEETs are going to have any effect on the price of Bitcoin.

[Anonymous No.4962187]

>>4962175
>value stalls % wise
>less gain potential attracts less newcomers in the market
>stalling profits create uncertainty
>people get nervous
>people realize their digital currency is virtually worthless if there's no way to cash-out or to purchase something with it
>smarties start shorting the shit
>massive decrease for demand push prices down
>market engages panic mode
>couple of late suckers get fucked out of their gains
>value stabilizes back at a comfy 1k

[Anonymous No.4962188]

>>4962185
I oughta kick your ass for sayin' that, you good for nothing jerk.
I might be poor, but I'm still a hugeman

[Anonymous No.4962189]

>>4962156
>no coiners

yes, look at you with 0.003 BTC in your wallet

[Anonymous No.4962190]

>1m candles
>0.003btc

[Anonymous No.4962191]

>>4962179
>Dutch tulip business centuries ago.

I wish people weren't so retarded as to continually repeat a myth. Tulip mania never happened, you literal faggot.

https://www.smithsonianmag.com/history/there-never-was-real-tulip-fever-180964915/

[Anonymous No.4962192]

>>4962156
His coin only handles 4 transactions a second. It's not even anonymous anymore. Other coins do that better.

[Anonymous No.4962193]

Is it too late to buy into? Should I wait for a crash or is it gonna keep rising? I hate myself already for not buying into it earlier.

[Anonymous No.4962194]

A lot of participation in bitcoin isn't in regards to the certainty of it as a valuable commodity but rather the huge playground of grabbing money it is currently portrayed as at the moment. Once bitcoin becomes stable and the attention of the get rich quick scheme starts to slide the currency is going to have a huge crash before readjusting to an appropriate value.

[Anonymous No.4962195]

>all these niggers who don't know what a bubble is.

Buy it for maybe a day or two then sell immediately.

[Anonymous No.4962196]

>>4962195
Enjoy those capital gains taxes goy.

[Anonymous No.4962197]

>>4962193

Why? You can't cash out so it's essentially just throwing money away.

[Anonymous No.4962198]

>>4962193

It's gonna keep rising but nobody seem to be able to withdraw it into real moneyz.

[Anonymous No.4962199]

How do you actually get a house, buy food, and NEET your life away assuming you have millions worth of BTC, Im retarded, pls help

[Anonymous No.4962200]

>>4962189
>>4962190
Yes. I have two accounts.

Also:

[Anonymous No.4962201]

>>4962157
Says the guy who relies totally on jewish fiat

[Anonymous No.4962202]

i still have around 216 btc left, i am dumping very very soon.
been holding on to this shit since they were cheap as chips.
if everyone wants to ride it out be my guest but id rather take 3 mil over nothing if it would collapse.
might even hang on to a few but my jew sense is tingling

[Anonymous No.4962203]

>>4962156
tfw when you bought in at 17k then panic sold at 13k

[Anonymous No.4962204]

>>4962198
I've heard of this, they could be doing that shit on purpose

[Anonymous No.4962205]

With $2000+ swings every day, a good strategy is to buy 0.1 btc on a dip and sell on the upswing. You can make over $100 a day.
If it all goes to shit, maybe you lost $1500-$2000 at most.
If that's more than you can afford to loose, you shouldn't be poor.

[Anonymous No.4962206]

>>4962201
jew fiat is backed by GDP
crypto is backed jack shit

besides at some point if u end up a millionaire you'll probably want to convert to jew fiat to clear a mortgage

[Anonymous No.4962207]

>>4962205
That is basically what I do. I have a day trade side and a buy and hold side.. Dont want to waste this kind of volatility.

[Anonymous No.4962208]

>>4962178
>and the meek shall inherit the earth
>doubting god
>ever

[Anonymous No.4962209]

>>4962156
The drug dealers and pedo slave traders need it to launder there money.
When they stop it will drop

[Anonymous No.4962210]

>>4962204

this is why iam cashing in now, i want most gone and keep maybe 50.
if you want real money this is still the time for people want to ride the btc train.
but yes its hard to simply cash on it now

[Anonymous No.4962211]

>>4962174
Whew lad! That's comitted. I bought a few litecoin yesterday.

[Anonymous No.4962212]

>>4962209
They're moving over to Monero friend.

[Anonymous No.4962213]

>>4962206
>jew fiat is backed by GDP

Gibberish.

>crypto is backed

by the blockchain. Which insures all transactions are correct without any outside authority.

[Anonymous No.4962214]

>>4962205
Sell high, buy low baby.

[Anonymous No.4962215]

>>4962198
>>4962204

also if you want to cash it in, buy gold with it.
you can always buy gold with btc
this is also easier to hide for the tax man.

[Anonymous No.4962216]

>>4962212
The thing is if they bust someone with a bunch of slave kids and millions of BC the party will be over

[Anonymous No.4962217]

>>4962180

right. another with 0 BTC.

[Anonymous No.4962218]

>>4962206
>clear a mortgage
so turning bitcoin into a real asset

bitcoin has a lot of energy behind it. fiat is backed by the collective confidence in the kike system, thats what the GDP you mention is, if everyone dumped it at once itd be worthless.
the energy behind bitcoin represents the collective will of people who want to destroy the system, how much value you think thats worth is of course subjective but both are backed by the same forces if not the same institutions.

[Anonymous No.4962219]

>1.21 btc balance in a trezor
>two 1080 ti's mining ~0.055 litecoin per day

i'll cash out when .1 btc buys me a house.

[Anonymous No.4962220]

>>4962217
You got me. I don't even own 1 bitcoin yet. It's $16,580 dollars right now.

[Anonymous No.4962221]

>>4962213

>what is budgetary/monetary policy
>d--d-ddw guys my crypto is so much safer than the world economies

[Anonymous No.4962222]

Always remember never buy anything someone wants to sell you something this bad.
These shill are just throwing you a hot potato

[Anonymous No.4962223]

i think btc and other coins will have a permanent life in crime or dirty dealings t b q h f a m

[Anonymous No.4962224]

>>4962218
good post czechbro

[Anonymous No.4962225]

>>4962218

>the energy behind bitcoin represents the collective will of people who want to destroy the system, how much value you think thats worth is of course subjective but both are backed by the same forces if not the same institutions.

why u gotta go full retard after such an accurate first sentence

i assume you're smart, you know the answer deep within you, what's more likely 5 years from now

a) everyone loses trust in the economic system throws their fiat shit away

b) people realize there's really no way to exchange their billion-worth stash of hash lose trust in the thing and write the loss off as a dumb mistake

[Anonymous No.4962226]

Newbie here, how come it's easy to buy in but really hard to cash out...? SEEMS KINDA FISHY.

[Anonymous No.4962227]

>>4962184
It's pretty, malleable, and conductive.

That's why it's in almost every home on earth in some form or another. In you your jewelry box or every single circuit board in every piece of electronics

[Anonymous No.4962228]

>>4962226
Its a pyramid scheme. You gst chumped into buying from those at the top and you are stuck sellong off .001 percent of a bitcoin at a time to shady drug dealers and human traffickers on the internet or tricking another chump into cashing their bank out and joinging the future of currency.

[Anonymous No.4962229]

>tfw almost bought £700 worth of btc when they were ~£40 each
>bought a fucking iphone instead

[Anonymous No.4962230]

>>4962225
Sell to the Chinese and get your fiat USDs back on PayPal. Pay the IRS back in taxes (if you're a complete cuck.)

[Anonymous No.4962231]

>>4962156
Haha nocoiners on suicide watch
Baby this train got no brakes

[Anonymous No.4962232]

>>4962228
Oh, that makes sense in hindsight.

[Anonymous No.4962233]

>>4962226

You're just making up bullshit.
What bank do you work for?

[Anonymous No.4962234]

>>4962203
damn dude, you're a stupid faggot

[Anonymous No.4962235]

>>4962163
You forgot
>no two exchanges on the planet have the same fucking price as of two weeks ago
AHAHAHA
Everyone will panic sell and get 50% of what they think market price is
Everyone with panic withdraw and there's no cash
AHAHA

[Anonymous No.4962236]

I just bought $50 worth of bitcoin. Making a profit never. Feels bad man.

[Anonymous No.4962237]

>>4962156
I only have .8 btc. I sure wish I had more... But I'll just sit on it for now...

[Anonymous No.4962238]

> What's a bull trap

[Anonymous No.4962239]

>>4962225
dont take me for a bitcoin evangelist, quite the opposite is the truth. the technology is the future even if bitcoin isnt, the decentralised blockchain will take over the entire internet, in the not too distant future we will have decentralised social media, search engines, video hosting, AI even. bitcoin as a currency is largely proven to be outdated by more modern blockchain tech, remember that facebook wasnt the first social network, google wasnt the first search engine, apple didnt invent mp3 players but all used existing tech and improved upon it.

i think the time will come where bitcoin will be replaced but itll only be replaced by another decentralised crypto currency and itll largely replace fiat in everydayy use, theres already coins criminals prefer which is usually the main use case people cite and we still need to get past the quantum computing question. if i had to make a bet now for 5 years into the future it would be on the first crypto currency thats resistent to quantum computing power that goes mainstream and is used like a real currency but it will be 100% a non centralised coin. maybe itll be running in peoples toasters or the background of our phones who knows.

the venezuelan government recently said they were launching a coin tied to the countries oil and gas exports that will act as the nations currency, those are real world assets but theyre centralised, nobody with a sane mind would ever be buying into commiecoin aslong as somebody else has the trigger.

[Anonymous No.4962240]

>>4962162
Like every other retard here that boasts about having Bitcoin (including OP), you probably have like 1000 dollars worth.

[Anonymous No.4962241]

>>4962156
>>biz

[Anonymous No.4962242]

>hurr durr it says I'm a millionaire

How many other faggots think this friend? If theres ever a run on the bitcoin you won't be able to sell one for shit. Theres also the central powers cracking down on it and it seems the bitcoin people themselves aren't too hot on getting ready cash for it.

[Anonymous No.4962243]

>>4962230

Why would the Chinese buy it from you specifically and not a broker like the entire world is doing at the moment?

Why would China's demand for BTC not be fulfilled already?

Even worse, look at it on a macro scale, what totalitarian state would allow billions of their own currency to exit the country in exchange for BTC which they can't control?

[Anonymous No.4962244]

>>4962229
That's alright. I bought 150btc @$2.50 and cashed out at $28 back in '11 was still a comfy profit. Not really mad but woulda been cool if I held onto like 10btc and forgot about it until it made news 6 years later

[Anonymous No.4962245]

>>4962242
If they're smart they'd pull out while they're still millionaires. Odds are their bitcoin investments are all their eggs in one basket.

[Anonymous No.4962246]

>>4962156
I sold all my bitcoins. RRRREEEEEEEE


Why couldn't anyone tell me truthfully what was going on??

AHHHHHH

[Anonymous No.4962247]

>>4962184
> gold has no value
>>> says retardanon while he types on an electronic device with gold connectors and exchanges the Almighty BTC on gold-having electronic devices.

[Anonymous No.4962248]

>>4962239

Glad you brought that up I definitely agree. Just to clarify, BTC craze is mostly what I'm iffy about.

While not super mature, ETH has a lot of value aside from being a currency and I'm positive you'll get national cryptofiat replacing current fiat in a few years.

There's way too much value for central banks to be able to add/remove money from the economy without any costs.

[Anonymous No.4962249]

>>4962240
fake image. sad!

[Anonymous No.4962250]

>>4962240
We are the 97%

[Anonymous No.4962251]

>>4962247
Don't forget he's buying digital currency with gold backed bank notes

[Anonymous No.4962252]

>>4962251
dont forget 90% of currency already is digital. Whens the last time you handled cash?

[Anonymous No.4962253]

>>4962197
I just sold 10k of bitcoin yesterday. What the actual fuck are you talking about and why does everyone keep saying this? It’s just pure ignorance and makes it clear that you’ve never bought or sold bitcoin at all. Quit perpetuating this absolute bullshit.

[Anonymous No.4962254]

>>4962251
Not anymore. If u see legal tender on the bill, it's fiat, not backed by gold.

In USA this is over since 1946 as holding the corresponding amount of gold was unsustainable to match given the future USA economic growth

[Anonymous No.4962255]

>>4962172
>How do we stop nocoiners from killing themselves when BTC is 100k?
Is that a reasonable projection? I'm probably stopping at .1 BTC, mostly for shits and giggles.

[Anonymous No.4962256]

>>4962253
You should be aware by now that 80% of the posts on this board are spam and shills. old /pol/ loved crypto.

[Anonymous No.4962257]

>>4962209
You’re a total fucking idiot if you buy anything illegal with Bitcoin. It’s why everyone uses Monero for that shit

[Anonymous No.4962258]

>>4962156

[Anonymous No.4962259]

>>4962202
>jew sense is tingling
somehow I trust this more than anything else

[Anonymous No.4962260]

How can no-coiners even look themselves in the mirror?

[Anonymous No.4962261]

>>4962248
its the decentralised nature thats important, the blockchain tech is really just a database, we are far from its final form.

i doubt there will be one global currency to act as reserves for countries, more likely countries will need to keep a collection of each others currencies to do trade, huge corporations too will be leaders. bitcoin could be btfo if google, amazon, apple or kikebook release competing coins and force people to use them on their platforms, in its current state you couldnt even use bitcoin as a middle man between them.

[Anonymous No.4962262]

>>4962253

can you post any form of proof?

Having 10k on your account from a broker app doesn't count. They still have the money and bitcoin.

Post a screencap of your bank/transaction or something.

[Anonymous No.4962263]

>>4962255
Models that had BTC reach 500k by 2020 had it at 7k by the end of 2017.

BTC is outperforming those models by more than double.

[Anonymous No.4962264]

Just bought 1000 dollars of Bitcoin and 1 lite coin which is 159 dollars right now. First time I've ever invested. Did I do good or are the dudes at /biz/ scheming Jews?

[Anonymous No.4962265]

>>4962252
don't forget 100% of digital currencies are fiat

[Anonymous No.4962266]

>>4962229

[Anonymous No.4962267]

>>4962255

I am a major bitcoin advocate currently hodling 40k in that shit and I 100% think it's still going up, but no one has any idea what's reasonable and what isn't by next year.

I said it could never be 10k a few years back and look where we are now. Who knows, mane.

[Anonymous No.4962268]

>>4962265
The madness of the jew.

[Anonymous No.4962269]

>>4962263
>Models
ABSOLUTELY WORTHLESS

[Anonymous No.4962270]

if the USD is really 1/16,000th the value of a bitcoin, why hasn't USD collapsed
sounds like jewish tricks to me desu

[Anonymous No.4962271]

>>4962157
Good luck with your fiat, nocoiner

[Anonymous No.4962272]

>>4962269
Well the guy asked about 100k.

100k is completely doable. Very likely in fact. 100k would put BTC market cap at 2 trillion. That's not a lot at all. It's about 20% of gold MC.

[Anonymous No.4962273]

>>4962261
>>4962239
BASED analysis from Nedved Anon.
>tfw when value of BitCoin in current bull market to drop faster than Karel Poborsky's form after Euro 96

[Anonymous No.4962274]

CIA Niggers if you want to keep me from inventing that super cool thing I have plans for to stop you you'll donate 5 BTC to me and I wont make it and will not resist the new world order. 37f4Pq1B3kgpVFt1eaacm11M3rbPc knG5m

[Anonymous No.4962275]

>>4962261
Bitcoin would not be BTFO if amazon forced you to use their currency and it was inferior.

IMO Monero will win the future

[Anonymous No.4962276]

>>4962251
If you're talking about dollar it isn't backed by gold, it's backed by the faith of the federal government. it literally has the value of trust and the only reason it isn't completely worthless is oil.
Currency has value in the ability to exchange it for goods and BTC can be used to buy a lot of shit.
If Mr robot is any indication cryptocurrency really might be the future and we should watch for the banking industry to attempt to use it to re enslave so to speak the masses

[Anonymous No.4962277]

>>4962261

>bitcoin could be btfo if google, amazon, apple or kikebook release competing coins and force people to use them on their platforms

That seems like a really weird move. Making their own currency, sure. To some extent companies already do that with things like gift cards. Only doing payments in it? I don't know. about that.

[Anonymous No.4962278]

>>4962265
Fiat backed by tangible state Assets.

[Anonymous No.4962279]

>>4962270
why would the population of the USA agree to that? Since it's all made up, most people would have to even know what bitcoin was for them to panic.

[Anonymous No.4962280]

>>4962254
>gold was unsustainable to match given the future USA fiat printing

[Anonymous No.4962281]

>>4962273
>euro 96

[Anonymous No.4962282]

>>4962156
cash your BTC for Ripple before it's too late

[Anonymous No.4962283]

>>4962276

>it literally has the value of trust and the only reason it isn't completely worthless is oil.

Why the latter statement? It is based on trust that the united states government will always accept it for tax liabilities and debts, and it is also enshrined in law that every other institution (private or public) will accept it for debts. There is nothing wrong with calling that "trust", but it's trust that the govt will take all of your shit and throw you in jail if you don't pay them.

But I don't see how they need oil for that anymore than any other country.

[Anonymous No.4962284]

>>4962272
models can't predict the price of bitcoin 1 hour from now.

[Anonymous No.4962285]

>>4962168
I'm a pleb and have 11.

How are you this poor? Has your faggot PM taken all your money to give to returned ISIS fighters?

[Anonymous No.4962286]

>>4962284
Well let's just say that the reality of what has happened with BTC so far has outperformed even the most optimistic expectations of BTC bulls.

[Anonymous No.4962287]

>>4962283
Because if you try to pay for things like your fucking mortgage in cash at fucking Bank of America and they turn you away that's BS, that's the US government feeding you a line of shit.

[Anonymous No.4962288]

alright faggots how do I buy bitcoin?
I tried coinbase but it isnt available in my country (fucking of course) so whats another way?

[Anonymous No.4962289]

>>4962286
that's why I own bitcoin

[Anonymous No.4962290]

>>4962286
This. None of us who heard about it way back when thought we'd be here today

[Anonymous No.4962291]

>>4962277
im sure over time they would offer it as an alternative with incentives to buy, thats how amazon jew everyone with their products.
im no expert on whats technically feasible but i follow the news at least, its part of my daily online routine, theres big changes coming possibly soon with AI that could change the crypto landscape and obviously with quantum to come later im not diving into BTC with everything i have.
i think just now i own 16 different coins lol

[Anonymous No.4962292]

>>4962283
there ought to be trust that they can't just create unlimited money and turn what we already own into dust.

[Anonymous No.4962293]

>>4962202
And where do you propose you can dump 200+ bitcoin all at once?

[Anonymous No.4962294]

>>4962275
there will be coins for everything and monero seems as good a candidate as any for the black market, there wont be one big winner imo

[Anonymous No.4962295]

>>4962288
here, lad

[Anonymous No.4962296]

>>4962209
>implying US dollars can't be used to buy drugs or child sex slaves

[Anonymous No.4962297]

>>4962295
I am laughing my fucking face off

[Anonymous No.4962298]

>>4962202
I wouldn't dump them all, but having that much in assets in one investment is stupid from an investment standpoint. Especially one that is as high risk as cryptos.

[Anonymous No.4962299]

>>4962293
do you have 200 bitcoin?
No? Then why are you so concerned about how bitcoin millionaires go about selling their assets?

[Anonymous No.4962300]

>>4962295
any particular wallet that all the cool kids are using or does it not matter?

[Anonymous No.4962301]

>>4962209
bitcoin confirmed for never dropping

[Anonymous No.4962302]

>>4962156
I've been watching GDax all day. The last three days was a sine wave to the tune of a couple thou.

[Anonymous No.4962303]

>>4962292
Well the FED can, but what benefit would there be in hyperinflation?

[Anonymous No.4962304]

>>4962300
idk, i'm in the land of the free and memecoins are new to me. sorry about no coinbase. Don't you have plebe friends that are in on this now too? Literally all the dudebro normies in my life are on this shit right fucking now.

[Anonymous No.4962305]

>>4962202
>>4962202
I would be dumping as fast as possible. Would you rather:

A. Retire early and enjoy millions of $ and live a comfortable work free life for the rest of your days and still make plenty of money with traditional low risk investments.

B. Try to convince yourself not to commit suicide because you tried to hold on for too long and lost everything.

https://www.youtube.com/watch?v=lIhsgIOAP9Q

[Anonymous No.4962306]

I have 20000 dogecoins I mined when it was first popular

now I have nothing

[Anonymous No.4962307]

>>4962300
Electrum wasn't a bad one when I was buying it for ransomware victims and taking care of the payments. They host a block chain and you don't have to.

[Anonymous No.4962308]

>>4962270
Because the US dollar is backed by the US military.

[Anonymous No.4962309]

>>4962156
Don't fly to close to the sun, lest your wings melt

[Anonymous No.4962310]

>>4962156

Dude if this isn't a wake up call for you to cash out and take a profit I don't know what is. If you got in when it was low and made a stupid profit off it awesome but you better be diversifying that portfolio while you can.

You want to keep some in on the off chance that it hits $20,000 fine; but if you've got a sizeable percentage of your wealth invested in something so volatile then you're just asking to get fucked when the (((big boys))) cash out and the normies start panic selling.

Bitcoin's price is driven by pure speculation there is no economic data driving anything just herd mentality psychology. Once (((they))) cash out the herd will panic and there will be no stopping the fall.

[Anonymous No.4962311]

>>4962156

https://bitcointalk.org/index.php?topic=2564278.0

[Anonymous No.4962312]

Let me get this straight

You want me to buy into this farcical unbacked fake news currency for lolbertarians when I could invest in tangible assets, start a business, buy shares, trade stocks and everything in between?

only the toppest of lels

bonus daily reminder that (((bitcoin))) only exists because muh blackjack-and-hookers economics

[Anonymous No.4962313]

>>4962299
No, I have 11. The guy I was responding to claimed to have 216 bitcoin. If he knows of a place to dump 216 bitcoin all at once, that would help me dump 11 all at once, dont you think asshole?

[Anonymous No.4962314]

>>4962156
well I'm half ethereum half litecoin now. but I did make money on the big bitcoin jump.. thought it was over so I cashed out. we'll see how it goes I guess

[Anonymous No.4962315]

>>4962287

From what I understand, if you're talking about the story I'm thinking of Bank of America claimed that that was due to specific circumstances regarding the timing of his payment. I think they just wanted his house and weren't accepting his money because of whatever they could leverage in his contract to get his assets. But by law they have to accept cash for debts, even if they might raise a red flag with the IRS if you walk in with thousands of dollars in a bag. Bank of America says that they will accept cash for mortgage payments, so if they don't accept cash the next time you pay your mortgage you should sue them. But that is aside from the main thing that compels people to use dollars, which is taxes.

>>4962292

I don't see why they would. Most cases of hyperinflation have been supply side shocks. Weimar was a special case, Germany experienced supply shocks because after it lost the war a lot of industrial capacity was lost (literally, they lost access to industrial areas) but it also had to pay off war debts. It ended up inflating its currency by buying shit tons of foreign currency to pay debts. That caused its value against those currencies to plummet.

Which is just to say that I don't think the United States will experience hyperinflation anytime soon. The last time it had really bad inflation was in the 70s during the oil crises, which was another supply side shock.

[Anonymous No.4962316]

>buying bitcoin
>not understanding counterparty risk
This will end badly

[Anonymous No.4962317]

when you are able to experience any physical desire at any instance of your choosing and have every biological requirement sustained, the importance of applied values in the physical dimension becomes diminished, if not inconsequential. items/ideas in that dimension that you assign value to are only a tether, keeping you from transcending to higher consciousness.

[Anonymous No.4962318]

>>4962304
>all the normies are getting in to bitcoin now

well, I guess it will crash after all

[Anonymous No.4962319]

>>4962312
It still isn't going to be worthless: drugs and other contraband will give it tangible value and cybercrime will help its price surge from time to time. But I understand the argument; remember that silver is fighting inflation better than gold right now.

[Anonymous No.4962320]

>>4962318
I think just the opposite. We spent all week talking about this shit and watching it. Everyone in the med program is talking about it. Then you find out that a bunch of the rich kids and smart dudebros already owned a bunch or have altcoins etc. I think that when it hit main main stream then it just keeps going up.

[Anonymous No.4962321]

What's the purpose of having bitcoin if you can't cash out and nobody accepting it as payment?

[Anonymous No.4962322]

>>4962161
kek it cost you more in electricity cost than what you mined and still got it stolen

[Anonymous No.4962323]

>>4962319

>It still isn't going to be worthless

No its not going to go to $0; but it was designed to be an alternative currency not a speculative investment and its insane volatility has rendered it unusable as an actual currency.

If you got in before the big investors started buying it then you made out like a bandit. If you bought in when or shortly after the big traders started buying it then you also made a killing but now its growth is driven by normies who are buying in because they heard about it on the 5 O Clock news and they don't want to get left out on the new trend.

Now that normies are buying it, its reached its saturation point there is nowhere left for it to go and if the big investors sell then the normies will follow suit and its price will crash.

I'm not saying you should cash out completely; but its time to take a profit on it while you can.

[Anonymous No.4962324]

>invest in coin
>accidental death
>family gets nothing

[Anonymous No.4962325]

>>4962293

i trade them with gold, good luck to anyone else who wants to cash them for bills.
i have a few websites where i can buy gold lined up and iam dumping now.

[Anonymous No.4962326]

>>4962323
Crypto is too useful for black money and trading contraband. It's going to crash hard, but it won't go to zero since it will always be worth some cocaine or opiates.

[Anonymous No.4962327]

>>4962325
Tzedakah for a wayward brother?
1Ja7bpS2mSHAkFnXdtX3BY6nqYsNGMUqhD

[Anonymous No.4962328]

If I had the money to gamble, I'd take a shot on bitcoin. I always advocate for competing currencies but in no way is bitcoin a store of wealth, it's an extremely volatile asset right now. I don't really even know what to make of bitcoin now, it's almost become a hysteria and at some point the Government is going to have to crack down on it through huge regulations that's going to reduce all of our freedoms. Homeland security is already considering it a "growing threat" so you know this madness is going to come to a halt at some point. The Central banks and Government won't allow bitcoin like currency to exist in the future unless they want it to, which is to say that it serves ((their)) purpose.

[Anonymous No.4962329]

>>4962162
You tell me, you pay my salary.

[Anonymous No.4962330]

>>4962320
you underestimate normies ability to fucking ruin everything

[Anonymous No.4962331]

Who is telling all these faggots to come here and post "but you can't cash out when you sell it!!! hurr duuuh!! " ???

[Anonymous No.4962332]

>>4962331

can you post proof?

People complain that some trading platform apps don't pay out or it takes too long.

[Anonymous No.4962333]

Fiat currencies, even though most of them (historically) eventually crash and become worthless paper, still have the backing of a state (and armed forces) behind their valuations. For instance, the power of the United States, it's armed forces, it's trade relationships, it’s commercial heft, all its’ influence .. all of it .. can be brought to bear to support the legitimacy and value of the U.S. dollar. It’s the stock-in-trade of the country. So .. what supports the value of cryptocurrency over the long term? There's no centralized dispute mechanism. There's nothing backing the 'currency' other than the crypto algorithm. Suppose ‘the state’ gets pissed off enough at these incursions on their fiat. Or the financial power brokers get irritated by the emergence of a system outside of their control? What prevents the algorithm being broken by a quantum computer, or a state-backed hacking entity? What happens to Bitcoin, Etherium, etc., when hundreds or thousands of organizations start pushing their own versions of a crypto-currency? So many vulnerabilities in the support for a $16k Bitcoin. There’s over 1300 variations of crypto-currencies on some listings already. Competition among other crypto-currency purveyors could gut the price on these high flyers. The block chain concept is intriguing and has potential but who knows if the current implementation is a lasting one. Looks like a house of cards from too many angles.

[Anonymous No.4962334]

>>4962332
why is up to me to prove anything?
You're the ones coming here telling everybody you can't cash it if you sell bitcoins.
You prove it!

[Anonymous No.4962335]

>>4962156
No normie ever called me nocoiner.

[Anonymous No.4962336]

Bitcoins first day

https://www.youtube.com/watch?v=2LTkeBqiRJQ

[Anonymous No.4962337]

>>4962334
>why is up to me to prove anything?
>BUY THIS THING! IT'S AWESOME!
>prove it's awesome
>FUCK YOU POORFAG!! YOU'RE JUST JELLY YOU DON"T HAVE AWESOME THING!!

[Anonymous No.4962338]

LTC WENT UP $8 AFTER I SOLD

AHHHHHHHHHHHHHHHH

[Anonymous No.4962339]

>>4962260
By being able to actually buy mirrors.

[Anonymous No.4962340]

>>4962202
Never change

[Anonymous No.4962341]

>tfw I can't trade because I live in flag

[Anonymous No.4962342]

>>4962223
Crooks hate dollars

[Anonymous No.4962343]

>>4962337
I never told anyone to buy anything.
You're faggot friend made an accusation that people are unable to sell their bitcoins and cash out.
I called him out and he told me to prove otherwise.

[Anonymous No.4962344]

>>4962156
>Finally decided to buy 20 dollars worth of bit coin last night
Honestly just feels nice, but also feels like I should have done all this a lot sooner

[Anonymous No.4962345]

6 years ago I was this close to buy 150 coins when they were at 50. I was going to promise myself to not use them until I finished college (this year). Biggest mistake of my life, no doubt.

[Anonymous No.4962346]

>>4962265
this is simply incorrect. maybe use google?

[Anonymous No.4962347]

>>4962187
This is probably accurate. It just doesn't have any underlying value when compared with other coins. It doesn't do the whole "cryptocurrency" thing particular well. It's just the OG.

[Anonymous No.4962348]

I don't have money to buy bitcoin

[Anonymous No.4962349]

>>4962348
>t. NEET who doesn't have mere pennies to afford a satoshi

K E K

[Anonymous No.4962350]

What do you guys recommend for starting out? Coinbase?

[Anonymous No.4962351]

>>4962350
Yes.

[Anonymous No.4962352]

>>4962271
bitcoin is fiat

[Anonymous No.4962353]

>>4962351
Nevermind, it doesn't let me buy in my country. How do i circumvent that?

[Anonymous No.4962354]

/pol/, now that you are the new NEET oligarchy, which politician are you going to buy out and what are you going to make him/her do?

[Anonymous No.4962355]

>>4962354
Buy out the Rothschilds and make them all eat nigger shit.

[Anonymous No.4962356]

>>4962191
Bump for visibility.
> You know what else never happened/was massively distorted?
> The Holocaust(tm)

[Anonymous No.4962357]

>>4962306
underrated

[Anonymous No.4962358]

>>4962355
>Buy out the Rothschilds
>Buy out the people who own literally all the money in the world

that is the single most retarded sentence I have ever read and likely ever will read
well done

[Anonymous No.4962359]

This anon gets it >>4962333

The biggest thing as to why I'm not even touching Bitcoin, is that for every seller, there has to be a buyer. Just because Bitcoin is at $16k, doesn't meant you could sell all of your 100 coins instantly. It'd be sweet to turn say $50 into $160k, but not many people are keen on buying it at that price. Especially when some people setting up some shops that are charging insane commissions on facilitating the transactions. Bitcoin is the new hot money, or hot trend. Whatever you want to call it. It can be exchanged for mostly online services, and some goods. But good luck paying most bills with that shit. Unless companies that provide the necessities of life will honor payments via Bitcoin, it's just a huge bubble waiting to burst.

[Anonymous No.4962360]

>>4962359

shit, sorry drunk math. I meant to say sell instantly for $1.6mil.

[Anonymous No.4962361]

ITT: People who havent realised you can only withdraw 1k per day from any exchange

>b-b-but its worth millions! I will wait years to withdraw it 1k at a time and you'll all look stupid!!

[Anonymous No.4962362]

>>4962156
>tfw when if i had used all my 10€ when it hit 10000€ mark, i would now have 16€

[Anonymous No.4962363]

((( bitcoin )))

[Anonymous No.4962364]

>>4962156
millennial tulips

>inb4 nocoin
sold off a pile of LTC to pay for my work/shitposting pc

[Anonymous No.4962365]

>>4962359
the markets pretty liquid, you wouldnt really have a problem selling 100

[Anonymous No.4962366]

>>4962202
>but my jew sense is tingling
top kek

[Anonymous No.4962367]

>>4962156
>tfw I had 2 bitcoins when it still was worth only 1k
>tfw my hard drive crashed back then
>tfw lost everything

feels bad man

[Anonymous No.4962368]

>>4962367
tfw spent 800 coins on acid in 2011

[Anonymous No.4962369]

>>4962156
Bitcoin market cap is 300 billion $ with close to none liquidity. M1 aggregate is 1.5 trillion $.
It's an obvious bubble, since you can't spend the fucking bitcoins anywhere just like a proper currency.

[Anonymous No.4962370]

>>4962258

The joke is that Bitcoin being so high right now is making it a terrible currency. It's all speculators right now, it has no stability and transfer costs are insane because they scaled up with the price.

[Anonymous No.4962371]

>>4962245
Who is going to cash that out on a drop? Good luck. You have to have special tiered access across multiple exchanges to ever be able to cash that out. I'm not aware of any exchange that will let you cash out a million dollars into US dollars.

[Anonymous No.4962372]

>>4962263
lol you are talking about McAfee, and while the guy is not stupid, he's also done a lot of fucking drugs and likes to screw with people. It's his model, and I'm not sure that means anything... though I guess next year will be the true test.

[Anonymous No.4962373]

>>4962191

>https://www.smithsonianmag.com/history/there-never-was-real-tulip-fever-180964915/

wow, an article shilling a book creates strawmen and attacks strawmen while ultimately admitting tulipmania was a real thing

great argument retard

[Anonymous No.4962374]

>>4962174
I thought about doing that years ago but I don't have such a high risk tolerance. Had I done so I'd have nearly 2 billion dollars today. It would have been quite the haul, but there are so many pitfalls. Oh well.

[Anonymous No.4962375]

>>4962374

would it even be possible to get 2 billion out of the system and back into cash?

selling them sounds like a nightmare

[Anonymous No.4962376]

>>4962156
I tried to sell my 0.02 coins 3 days ago and I am still stuck on "waiting for payment." You can't sell this shit!

[Anonymous No.4962377]

>>4962370
Yes. Get in early with xrp

[Anonymous No.4962378]

>>4962368
gj hippie

[Anonymous No.4962379]

>>4962352
retard, you cant print more bitcoin

[Anonymous No.4962380]

>>4962184
>there's no real value in gold
behold the retarded buttcoin cultist

[Anonymous No.4962381]

>>4962172
By proportionally increasing the price of consumer goods.

[Anonymous No.4962382]

>>4962341
get fucked

[Anonymous No.4962383]

>>4962212

Thats why im mining it :) .. and AEON

anon crypto ftw

[Anonymous No.4962384]

>>4962240
That's gotta sting...enjoy poverty

[Anonymous No.4962385]

>>4962365
>the markets pretty liquid, you wouldnt really have a problem selling 100

So you're telling me if I had 100 coins right now, someone would pay me $1.6m for them? Nuh uh. This shit is like stocks. Not many people are willing to dump $1.6m in one transaction. You'd have to pyramid your selling, and hope to average $1.2m as long as people are dumb enough to buy into this bull rush.

This is why I prefer Forex instead. Once the trade is opened, a counterparty has to go the opposite way with it. If I win, they lose, if I lose, they win. Aside from shitty bucketshop-tier market makers, a good retail trader can make the market his bitch. Because they have no choice but to accept the closing price when I choose so.

[Anonymous No.4962386]

>>4962317
wtf I hate money now
>Captcha : kike properties
HAHAHAHAHAHAHAHAHAHAHA !

[Anonymous No.4962387]

>>4962240
Pic related, how's poverty?

[Anonymous No.4962388]

>>4962156
remember lads, you can only be rich AFTER you sell your coins.

[Anonymous No.4962389]

>>4962306
I'll sell you 1 nice thought for those dogecoins

DApV9VfhfsygnYQnTqCKFgnLXFDudfUc7f

[Anonymous No.4962390]

>>4962156
Try changing it back into a real currency then

[Anonymous No.4962391]

>>4962271

pro tip for everyone ..

CHARTS ARE DESCRIPTIVE NOT PRESCRIPTVE.

THEY TELL YOU WHAT HAS HAPPENED NOT WHAT IS GOING TO HAPPEN

[Anonymous No.4962392]

>>4962387
Please tell me youre the guy who found his old ad Account with 5550 bitcoins from a few years ago.

I still like to imagine having that luck.

[Anonymous No.4962393]

Coiners shpuld be really concerned that Bitcoin Futures are now being traded on Wall Street. The trading of bitcoin futures just means volatility will be created by Wall St to profit off of inexperienced bitcoin holders. Notice that they trade the Futres, not the currency itself.

[Anonymous No.4962394]

>create digital currency to be finally independent from (((them)))
>everyone treats it like stock to speculate exactly like (((them)))
makes sense

[Anonymous No.4962395]

>>4962387
Nope that wasn't me, similar story however. Bought 10000 in '10 or '11 I think, forgot about them until 2015 sometime.

[Anonymous No.4962396]

>>4962392
See
>>4962395

[Anonymous No.4962439]

>>4962253
Nice LARP

[Anonymous No.4962520]

>>4962327
MMOOOODDDDDSSSS

[Anonymous No.4962535]

>>4962336
UNDERRATED

[Anonymous No.4962549]

>>4962361
You can withdraw 10k per day with gdax and you can get the rate increased if you have good reason
Fucking nocoiners baka

[Anonymous No.4962594]

>>4962369
>can't spend the fucking bitcoins anywhere just like a proper currency.
uhh yeah you're supposed to buy cryptos that actually work with it, then wait for it to finish dying.

[Anonymous No.4962601]

>>4962393
Oh please you retarded kike, you never had autists as you foes.
We will take your hooked nose in our titanium hands, and make you watch not only when we're not fucking selling, but we just use your FUD to buy even more.

[Anonymous No.4962983]

>>4962239
>in the not too distant future we will have decentralised social media, search engines, video hosting,
tfw everything in that list is already here
It's called internet, and DNS and CDNs, etc. but they don't have the right buzzwords in their name

[Anonymous No.4963010]

>>4962336
Which movie is this?

[Anonymous No.4963024]

>>4962252
Five minutes ago. In a G8 country, not pajeetland

[Anonymous No.4963060]

>>4962258
>Bitcoin is a currency, first and foremost

FAIL
It's a useless piece of shit, certainly not a currency that can be used for 90% of the transactions an average person makes. But wait, I thought it had become a store of value. Now it's a currency again? I am losing track.

[Anonymous No.4963076]

>>4962275
If they forced you to use it they would quickly go bankrupt. No one in their right mind pays 15-50 dollars as a fee.

[Anonymous No.4963096]

>>4963060
>currency
>70$ fee to a random miner on every transaction
nice cash guys, how's that dotcom bubble pattern doing?

[Anonymous No.4963129]

>>4962326
Not Bitcoin though. It's utter shit (not only as a currency, but in general) and the Dark Net Markets are abandoning it. They are all jumping on the Monero train. Choo choo