$100,000 by 2018, they said...

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$100,000 by 2018, they said... Anonymous Fri Feb 9 10:12:27 2018 No.7498593 [Reply] [Original]

Vanguard’s chief economist: ‘Decent probability’ that bitcoin goes to zero

>>	Anonymous Fri Feb 9 10:12:41 2018 No.7498594 https://www.marketwatch.com/amp/story/guid/36779A88-0CCF-11E8-BF86-1CEF767DAFF7

>>	Anonymous Fri Feb 9 10:23:28 2018 No.7498595 HAHAHA THAT'S HOW NO COINERS COPE

>>	Anonymous Fri Feb 9 10:28:02 2018 No.7498596 >>7498593 >At some indeterminate point in the future, there is a decent probability that bitcoin's value drops to zero. Calm down there Nostradamus.

>>	Anonymous Fri Feb 9 10:30:27 2018 No.7498597 thanks just bought 100k

>>	Anonymous Fri Feb 9 10:32:30 2018 No.7498598 Blockchain is worthless, costs way more to maintain than the alternative.

>>	Anonymous Fri Feb 9 10:34:43 2018 No.7498599 Literally impossible because I will have a buywall for the total supply at $0.50 just for nostalgia reasons. >>7498598 retard

>>	Anonymous Fri Feb 9 10:35:29 2018 No.7498600 decent probability the central bankers at the FED will crash the economy by raising interest rates whenever they feel like

>>	Anonymous Fri Feb 9 10:37:01 2018 No.7498601 Nocoiner here. I was actually hoping Bitcoin would go to 100k. Never planned on investing. The idea of a bunch of smug nerd NEETs becoming millionaires without "getting their act together" made me warm and fuzzy.

>>	Anonymous Fri Feb 9 10:37:15 2018 No.7498602 decent probability the us dollar is losing value and world reserve respect daily

>>	Anonymous Fri Feb 9 10:37:58 2018 No.7498603 >>7498593 bitcoin cunts are fucked hahahahahah

>>	Anonymous Fri Feb 9 10:39:04 2018 No.7498604 >>7498601 it'll probably get to 100k in the next 5 years but in 5 years what will 100k be?

>>	Anonymous Fri Feb 9 10:40:44 2018 No.7498605 more like 100k by 2023

>>	Anonymous Fri Feb 9 10:42:35 2018 No.7498606 >>7498593 no one likes buttcoin or pajeetcoins. JEW is the future.

>>	Anonymous Fri Feb 9 10:44:05 2018 No.7498607 >>7498593 https://99bitcoins.com/bitcoinobituaries/

>>	Anonymous Fri Feb 9 10:44:29 2018 No.7498608 >>7498593 It going to zero is impossible though Also >Vanguard Can you get more irrelevant when it comes to crypto? Come on poo in loo.

>>	Anonymous Fri Feb 9 10:49:27 2018 No.7498609 I think 45-50k by end of year. Lots of investors yet to get involved.

Anonymous Fri Feb 9 10:51:08 2018 No.7498610

>>7498601
>The idea of a bunch of smug nerd NEETs becoming millionaires without "getting their act together" made me warm and fuzzy.
this made me so happy you can't understand.
theres some dew and cheetos addicted kid out there sitting on a couple million with a ferrari that they keep burning the clutch out of.

and some CHASE A CHECK NEVER CHASE A BIH bro saw them driving it and got mad.

>>	Anonymous Fri Feb 9 10:52:10 2018 No.7498611 Congrats on this, seriously.

Anonymous Fri Feb 9 10:57:11 2018 No.7498612

>>7498610
I currently "have" about 30 million us in bitcoin. I put nothing but a bit of electricity into it 8 years ago.
I've managed to take out 5k cad over the past year via those ATMs and shit. But I don't see any way to ever get it all out anonymously.
I still treat it as fake money. If it goes to 0, who fucking cares. I got 5 thousand free dollars out of it.. That bought me a SHITTON of monster and beef jerky to eat as I spend 12+ hours a day either shitposting or playing videogames.
Bitcoin is a fucking joke. And it's the best joke of my life.

Anonymous Fri Feb 9 11:09:05 2018 No.7498613
File: 41 KB, 600x452, the-resulting-torrential.jpg [View same] [iqdb] [saucenao] [google]

>>7498593

>Chainlink
>claim fast transaction time
> Claim to be cheapest solution for transactions

It Takes one computer nearly 2 years of calculations to verify a bitcoin transaction on it's own. Consuming 4000 KW of energy costing up to 2160 dollar.

Yeah nice going fucktards. Mind if i use cash and just transfer it from one hand to another in a second,without costing me shit ?

.

>>	Anonymous Fri Feb 9 11:11:50 2018 No.7498614 >>7498612 You really should buy something stupid expensive that will lose a ton of value like a Mercedes S class.

>>	Anonymous Fri Feb 9 11:14:33 2018 No.7498615 >>7498614 Taking out that much would defeat the purpose of bitcoin. I'd lose my anonymity. Then the tax man be after me.

>>	Anonymous Fri Feb 9 11:16:04 2018 No.7498616 >>7498615 >Taking out that much would defeat the purpose of bitcoin. What the fuck are you even talking about. This entire thread is hilarious.

>>	Anonymous Fri Feb 9 11:16:21 2018 No.7498617 >>7498615 The tax (((man)))

>>	Anonymous Fri Feb 9 11:16:54 2018 No.7498618 >>7498593 What exactly is a Bitcoin? What's it backed by?

>>	Anonymous Fri Feb 9 11:17:22 2018 No.7498619 >>7498615 You might be able to sneak some of that money out in Amazon Coupons and make a few big purchases. Wouldn't that be kind of anonymous?

>>	Anonymous Fri Feb 9 11:18:23 2018 No.7498620 >>7498616 The places you can turn bitcoin into actual money are very limited here. ATMs are the only real anonymous place and you're limited to a few hundred there. Trying to take out tens of thousands of dollars at once to buy a car would expose me.

>>	Anonymous Fri Feb 9 11:19:31 2018 No.7498621 >>7498593 They need to stop scaring the normies, bitcoin will only go to 0 if every normie buys it.

Anonymous Fri Feb 9 11:20:15 2018 No.7498622

>>7498612

>30 million us in bitcoin
>Don't see any way to ever get it all out anonymously.
>till treat it as fake money. If it goes to 0, who fucking cares.

Shhhhhh your retard is showing.

1. Fuck the anonimity, You haven't comitted a crime.
2. withdraw the money
3. Pay due taxes ( It is taxed as investment profit )
4. End up with about $20 million to spend legally.
5. Live happily ever after.
6. Send me 5% for the tip.

>>	Anonymous Fri Feb 9 11:21:33 2018 No.7498623 >>7498593 just admit some of you assholes got taken for a ride in a pump and dump scheme.

>>	Anonymous Fri Feb 9 11:22:09 2018 No.7498624 >>7498620 >>7498622 Everyone seems to be a bitcoin millionaire and yet no one ever seems to be able to cash out. Strange...

>>	Anonymous Fri Feb 9 11:22:52 2018 No.7498625 >>7498624 i was thinking the same thing. show me an 'exchange' that isn't either crippled or broke.

>>	Anonymous Fri Feb 9 11:23:47 2018 No.7498626 >>7498599 16,854,912 bitcoins * $.50 = $8,427,456

>>	Anonymous Fri Feb 9 11:24:36 2018 No.7498627 >>7498613 Is this post a joke? I dont want to ruin it for everyone but I cant tell if this is a joke or if you are actually this retarded.

>>	Anonymous Fri Feb 9 11:25:25 2018 No.7498628 >>7498627 Bitcoin itself is a joke. Don't be salty.

Anonymous Fri Feb 9 11:25:47 2018 No.7498629

>>7498618
>bitcoin for idiots
A bitcoin is essentially the answer to a long equation that would take thousands of year for a cheap laptop to calculate but done more quickly with dedicated rigs. The equation also serves to validate transactions happening. This is why bitcoins transactions are very slow, the current cap is like 7 transaction/10minutes (compare this to the 100 000s of transaction/sec for credit cards). The more bitcoins there is, the more complex the equation becomes. Bitcoin cap is related to the amount of transactions done on the blockchain. Normies wrecked this system with speculations instead of using it as a currency.
Its not backed by anything beside the underlying technology.
You are essentially buying glorified transaction confirmation numbers.

>>	Anonymous Fri Feb 9 11:26:14 2018 No.7498630 >>7498622 Then the government will know I have the money though. That's an issue due to my past.

>>	Anonymous Fri Feb 9 11:27:45 2018 No.7498631 >>7498630 Just stop.

>>	Anonymous Fri Feb 9 11:27:50 2018 No.7498632 Its almost like these old economists dont have a clue about what is going on since there is no precedent to something like this The same thing happened to the internet, a lot of "specialists" said it would never get used and here we are

>>	Anonymous Fri Feb 9 11:29:12 2018 No.7498633 >>7498631 That's what I've done.

>>	Anonymous Fri Feb 9 11:29:49 2018 No.7498634 >>7498633 I meant stop LARPing. You are clearly full of shit.

>>	Anonymous Fri Feb 9 11:29:57 2018 No.7498635 >>7498629 >7 transactions/10min >billions of dollars are transferred every day at 7 transactions per 10min

>>	Anonymous Fri Feb 9 11:31:19 2018 No.7498636 >>7498634 You know my situation better then I know it myself I guess. Thanks for the advice.

>>	Anonymous Fri Feb 9 11:32:18 2018 No.7498637 >>7498630 There are already solutions to this in the cryptocurrency realm. Some mainstream solutions are Monero and Zcash which are designed to be annymous and very difficult to trace.

>>	Anonymous Fri Feb 9 11:33:09 2018 No.7498638 Lots of nocoiner shill threads today. Is it because it’s rising again? Bears who are having their shorts x100 liquidated? Stay salty. Should have bought at 6k. It’s not going below 7k ever again.

>>	Anonymous Fri Feb 9 11:33:26 2018 No.7498639 File: 9 KB, 200x200, cat-cheese-fail.jpg [View same] [iqdb] [saucenao] [google] >>7498593 for anyone who bought in above 12000, it is already, and forever more, ZERO

>>	Anonymous Fri Feb 9 11:35:01 2018 No.7498640 >>7498593 (((vanguard))) Lel

Anonymous Fri Feb 9 11:35:29 2018 No.7498641

>>7498624
>>7498625
That's the pyramid for you.
There's no real dollar for you 30mil worth of bitcoins.
Where there's a seller to cash out, there needs to be a buyer.

Any money that has been put into BTC is there to stay forever, having enriched the scammers at the exchange.

>>	Anonymous Fri Feb 9 11:35:56 2018 No.7498642 >>7498638 I bought the entire way down because I didnt know when it would stop, just knew that it would. Averaged in around 7500 and Im the very comfy.

>>	Anonymous Fri Feb 9 11:36:38 2018 No.7498643 >>7498612 You're either retarded or full of shit

>>	Anonymous Fri Feb 9 11:36:58 2018 No.7498644 >>7498593 very likely, as the Bitcoin futures market COULD crash. Other cryptos will reach great heights. Bonds, stocks, cryptos. All a bunch of funny money that robs the average Jo of their purchasing power.

>>	Anonymous Fri Feb 9 11:37:04 2018 No.7498645 >>7498593 I will send you Two Pizzas for 10,000 bit coins

>>	Anonymous Fri Feb 9 11:37:21 2018 No.7498646 >>7498618 >What's it backed by? Seriously, stop asking this question

>>	Anonymous Fri Feb 9 11:38:06 2018 No.7498647 >>7498641 >log into coinbase >sell literally everything I have at literally anytime I want with literally no issues >its a pyramid scheme

>>	Anonymous Fri Feb 9 11:38:34 2018 No.7498648 >>7498641 >Any money that has been put into BTC is there to stay forever >braindamage.jpg

>>	Anonymous Fri Feb 9 11:39:28 2018 No.7498649 >>7498647 Lol this. That's exactly what I did during this recent crash. 0 issues getting my money

>>	Anonymous Fri Feb 9 11:40:54 2018 No.7498650 >>7498649 >sold everything during a 50% crash /biz/ in a nutshell everyone

>>	Anonymous Fri Feb 9 11:41:45 2018 No.7498651 >>7498643 Then tell me Mr. Trips. How do I turn all that bitcoin into physical currency? Not into another for of digital currency via a bank account that has my name on it. But into spendable, untraceable paper money?

>>	Anonymous Fri Feb 9 11:42:40 2018 No.7498652 >>7498649 >not mentioning how long or how far down bc went before transaction was final >not mentioning fees >not mentioning taxes

Anonymous Fri Feb 9 11:42:56 2018 No.7498653

>>7498649
I legitimately think the people who are calling it a pyramid scheme are too retarded to even recognize an actual pyramid scheme. Its one thing to suggest the underlying technology isnt worthwhile and that its a bad investment but calling it a pyramid scheme at this point is equating the entire US stock market to a pyramid scheme. In fact I would actually go out and say it is much harder to pull your money out of stocks than it is BTC so by their own logic all investments must be pyramid schemes.

>>	Anonymous Fri Feb 9 11:42:57 2018 No.7498654 >>7498647 >sell literally everything I have at literally anytime I want with literally no issues At litterally anytime I want, g-g-guys! I swear they won't run with the money this time.

>>	Anonymous Fri Feb 9 11:43:06 2018 No.7498655 >>7498595 its not a real coin. its just a #. Why couldn't it go to zero?

>>	Anonymous Fri Feb 9 11:43:14 2018 No.7498656 >>7498651 Localbitcoins.com Just put the amount you want to sell onto a mobile wallet and exchange with someone in person for cash

>>	Anonymous Fri Feb 9 11:43:21 2018 No.7498657 >>7498593 KEK thats why i didnt buy shit coin because it was never real https://www.youtube.com/watch?v=OI-9iMrWRrw

Anonymous Fri Feb 9 11:43:40 2018 No.7498658

>>7498650
Most of what I still have isn't on coinbase, but I totally admit to panic selling that bit. Though I bought in around 1k so not like I lost.

Though this wasn't the point. Point was "lol u can't get moni back out" is completely false and border line retarded

>>	Anonymous Fri Feb 9 11:43:52 2018 No.7498659 File: 410 KB, 1200x791, bit.png [View same] [iqdb] [saucenao] [google] >>7498649 So you paid 17,000 per and got back 6,000 Sweet

>>	Anonymous Fri Feb 9 11:44:19 2018 No.7498660 >>7498652 >t. Never used coinbase

>>	Anonymous Fri Feb 9 11:44:30 2018 No.7498661 >>7498593 >listening to kikes and pedophiles from wall street The old system must die in totality.

>>	Anonymous Fri Feb 9 11:44:33 2018 No.7498662 >>7498656 So your answer is "Find someone with 30 million cash, who's willing to trade that all for bitcoin" You find me that man, I'll give you 33%.

>>	Anonymous Fri Feb 9 11:44:54 2018 No.7498663 >>7498651 If you really have that much, just pay the fucking taxes and enjoy retirement

Anonymous Fri Feb 9 11:45:11 2018 No.7498664

>>7498652
How does any of this have to do with it being a pyramid scheme. This is a consequence of any trading platform that you can pull USD out of. Also are you actually implying that other investments are completely free of volatility or do you just not understand how trading assets works?

>>	Anonymous Fri Feb 9 11:45:24 2018 No.7498665 >>7498651 Or bitquick.co You can do it online via money gram or western union

>>	Anonymous Fri Feb 9 11:45:39 2018 No.7498666 >>7498653 You're probably right. Stuff like that is why other boards thing we're retarded

>>	Anonymous Fri Feb 9 11:46:01 2018 No.7498667 >>7498659 See>>7498658

>>	Anonymous Fri Feb 9 11:46:23 2018 No.7498668 >>7498593 i pity anyone that still believes this shit. i knew about bitcoin from the beginning and fell for the le scam meme like all the other smug faggots. well now i am in. see you this time next year when i've doubled my money by doing nothing.

>>	Anonymous Fri Feb 9 11:47:04 2018 No.7498669 >>7498668 >doubled At least

>>	Anonymous Fri Feb 9 11:47:14 2018 No.7498670 >>7498662 I’m sure there are people out there who would. Drug dealers and whatnot. Why not just do a few thousand at a time though to pay for your expenses?

>>	Anonymous Fri Feb 9 11:47:55 2018 No.7498671 >>7498663 If I turn it into money in a way that the government knows, then other people will know too. And I'd lose it all. Might as well just keep it in bitcoin and take out a few hundred every month to have some fun with as I have been doing.

>>	Anonymous Fri Feb 9 11:47:59 2018 No.7498672 >>7498665 >money gram or western union Haa, Haa, Haa Sounds like a scam to me

>>	Anonymous Fri Feb 9 11:48:25 2018 No.7498673 >>7498671 >then other people will know too. And I'd lose it all. Wut

>>	Anonymous Fri Feb 9 11:48:41 2018 No.7498674 File: 19 KB, 458x342, betamax 4.jpg [View same] [iqdb] [saucenao] [google] >>7498653 >underlying technology isnt worthwhile

>>	Anonymous Fri Feb 9 11:49:15 2018 No.7498675 >>7498593 Because they don't yet realize Ethereum will actually assume the role Bitcoin now plays, and that Bitcoin will only remain as a reserve of value.

>>	Anonymous Fri Feb 9 11:49:29 2018 No.7498676 >>7498671 I know you're baiting but are you living in a ghetto or something? Are tax records public in Canada too?

Anonymous Fri Feb 9 11:50:06 2018 No.7498677

>>7498668
I basically thought it was the same thing. However I was an edgy colledge student in the infancy days and bought BTC from random strangers on some shitty website so I could buy drugs on the internet. If I had held the BTC instead of buying DUDE WEED I could probably have a little over 100 grand right now. I dont think it was worth it.

>>	Anonymous Fri Feb 9 11:50:13 2018 No.7498678 >>7498671 >then other people will know too. And I'd lose it all. how?

>>	Anonymous Fri Feb 9 11:50:45 2018 No.7498679 >>7498672 I bought my first bitcoins at $15 per using money gram in 2012. Stay poor.

>>	Dave Fri Feb 9 11:52:26 2018 No.7498680 https://youtu.be/2KnaYLSayeU

>>	Anonymous Fri Feb 9 11:52:51 2018 No.7498681 >>7498673 >>7498678 Taxes, back-taxes, debts both public and private. 2 ex-wives and 3 kids. I'd end up with nothing. >>7498676 Not to the general public, but intergovernmental they are. And it's not hard to find out if you really want your money back.

>>	Anonymous Fri Feb 9 11:53:18 2018 No.7498682 >>7498679 $15 is smart money $17,000 is Fool money Dude more power to you. It's the guy without a seat when the music stops that has the problem.

Anonymous Fri Feb 9 11:53:44 2018 No.7498683
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>>7498664
>Also are you actually
just responding to your only point, "got your money out".
I understand the bitcoin bubble pretty well, if you can lose $10k without flinching, then go all in.
If you have so much money you can easily loose 10k, why the fuck are you fooling around with memecoins?

>>	Anonymous Fri Feb 9 11:53:55 2018 No.7498684 >>7498593 anyone who thought Bitcoin would amount to anything is fooling themselves. (((they))) would never allow it

>>	Anonymous Fri Feb 9 11:53:59 2018 No.7498685 >>7498681 >Taxes, back-taxes, debts both public and private. 2 ex-wives and 3 kids. >I'd end up with nothing. So you have so much debt that 30 mil wouldn't help?

>>	Anonymous Fri Feb 9 11:54:48 2018 No.7498686 >>7498593 people toss a coin in the air and expect it to stay in the air forever

>>	Anonymous Fri Feb 9 11:55:59 2018 No.7498687 >>7498683 "it's a bubble" isn't an argument for "you can get your money back out" If you think it's gonna go down, short it and make some cash

>>	Anonymous Fri Feb 9 11:56:09 2018 No.7498688 >>7498679 Dollar cost averaging goes both ways

>>	Anonymous Fri Feb 9 11:56:09 2018 No.7498689 File: 27 KB, 600x600, taxmaster.jpg [View same] [iqdb] [saucenao] [google]

Anonymous Fri Feb 9 11:56:41 2018 No.7498690

>>7498630

>Then the government will know I have the money though. That's an issue due to my past

Pay the government what you owe them.
What is it ? student loan ? alimony,

They'll have a good reason for why you owe it to them. I doubt your debt is even near the amount of money you made in bitcoin. Also the debt is tax deductable. Pay your damn dues. It's not like you are unable to afford it now.
You are so desperate to keep it all that you''ll choose to end up with nothing instead. ?

Otherwise migrate to another country, open a bankaccount, open a business venture ,make yourself employee, pay yourself a good salary , get nationalised. Many countries love millionares to immigrate.

>>	Anonymous Fri Feb 9 11:57:00 2018 No.7498691 >>7498681 jesus dude, if not trolling you had one heck of a life.

>>	Anonymous Fri Feb 9 11:58:05 2018 No.7498692 >>7498687 "it's a bubble" isn't an argument for "you can get your money back out" If you think it's gonna go down, short it and make some cash That is more retarded then buying bitcoin

>>	Anonymous Fri Feb 9 11:58:15 2018 No.7498693 >>7498593 Isn't bitcoin practically the VHS of crypto at this point though? There are hundreds of more advanced coins

>>	Anonymous Fri Feb 9 11:58:25 2018 No.7498694 >>7498593 Bitcoin is a shit currency that has been obsolete for a while. Hell etherium is a better option at this point. Crypto is the future, just not btc.

>>	Anonymous Fri Feb 9 11:58:51 2018 No.7498695 >>7498683 >gets his non-argument shut down >pretends like it didnt happen and makes another non-argument

>>	Anonymous Fri Feb 9 11:58:58 2018 No.7498696 >>7498593 Pathetic cope. Talk to me once btc get to under $5k. It was $1k A FUCKING YEAR AGO. 12 MONTHS! 700% in that period is nothing to sneeze at

>>	Anonymous Fri Feb 9 11:59:12 2018 No.7498697 >>7498692 >margin trading is dumb >can't into green text >talking down to anyone else about anything Wew

Anonymous Fri Feb 9 11:59:33 2018 No.7498698

>>7498685
Enough people would end up with my money that yes, it's smarter for me to take out a few hundred every month anonymous then 30 million all at once publicly.

>>7498690
I'm fine with the government getting their share of the tax on the sum. I'm not OK with everything else that would happen. I'd rather burn it all down.
And I'm not gonna leave my family land. It was never in my name so it's untouchable.

>>	Anonymous Fri Feb 9 11:59:50 2018 No.7498699 >>7498629 Holy fuck, way to get almost every single fact about bitcoin wrong.

>>	Anonymous Fri Feb 9 12:00:02 2018 No.7498700 >>7498694 This is true but btc will still be the big kid on the block until crypto is more established

Anonymous Fri Feb 9 12:00:24 2018 No.7498702
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>>7498593
(((Vanguard))), jews are very good at using deceptive language. Get your 401 kosher goys, Jews need their gambling money on (((Wall Street))). It is basically a way for Jews to fuck Main Street, USA.

>>	Anonymous Fri Feb 9 12:00:31 2018 No.7498701 >>7498693 Not a bad analogy, but not quite the same.

Anonymous Fri Feb 9 12:00:34 2018 No.7498703
File: 28 KB, 488x463, idiot_woajk.png [View same] [iqdb] [saucenao] [google]

Meanwhile my portfolio is up 4% today. Buy your discounted alt coins now or miss the pattern that happens literally every single time.

>Bitcoin is finished for the millionth time this year

>>	Anonymous Fri Feb 9 12:01:03 2018 No.7498704 >>7498655 Dollars aren't real either but we use those.

Anonymous Fri Feb 9 12:01:40 2018 No.7498705

>>7498698
>Enough people would end up with my money that yes, it's smarter for me to take out a few hundred every month anonymous then 30 million all at once publicly.
Holy fuck. Talk to a Swiss bank. Usually you need to have the cash to open an account, but they may make an exception if you're going to put 30m in

>>	Anonymous Fri Feb 9 12:02:13 2018 No.7498706 >>7498681 >. 2 ex-wives and 3 kids You rather end up with nothing than spend some on your kids ? kys kike

Anonymous Fri Feb 9 12:02:14 2018 No.7498707

>>7498684
>would amount to
actually it was a spectacular, fine bubble, if you had balls of steel to get in at 5k and get out at 15k, you played it well.
but I don't think anyone actually like that would be wasting their time posting on 4chan in the middle of a Friday

Anonymous Fri Feb 9 12:03:38 2018 No.7498708

>>7498612
umm... why don't you put it in a privacy coin like monero, sumokoin or turtlecoin?

after that, there are places like localcoins where you can meetup with people and exchange coins for cash. if you ever come to las vegas, there are like hundreds of ATMs that accept crypto and don't need IDs

Anonymous Fri Feb 9 12:04:12 2018 No.7498709

>>7498707
>but I don't think anyone actually like that would be wasting their time posting on 4chan in the middle of a Friday
>I'm such a brainlet than anyone who managed to make money in crypto must be some kind of elite trader who does nothing but analyze the market all day every day

>>	Anonymous Fri Feb 9 12:05:52 2018 No.7498710 >>7498709 This :)

Anonymous Fri Feb 9 12:06:07 2018 No.7498711

>>7498706
Not my kids. I made some bad fucking choices in my 20s. But the government considers me responsible for them because I spent enough time around them.
>>7498708
Just turn it from one crypto into another? What would that achieve?
And I can't go to Vegas, I can't travel to the US due to legal issues. Or anywhere really.

>>	Anonymous Fri Feb 9 12:06:46 2018 No.7498712 File: 11 KB, 238x212, girls_laughing.jpg [View same] [iqdb] [saucenao] [google] >>7498709 itt: Mr Balls of Steel

>>	Anonymous Fri Feb 9 12:06:49 2018 No.7498713 >>7498711 >I can't travel to the US due to legal issues. Or anywhere really Lmao Jesus dude

>>	Anonymous Fri Feb 9 12:07:32 2018 No.7498714 >>7498694 >Hell etherium is a better option at this point Ethereum is a failed proof-of-concept that will die when enough people have lost their money thanks to solidity being utter garbage in smart contracts.

>>	Anonymous Fri Feb 9 12:07:49 2018 No.7498715 >>7498712 >this much cope Lel, good luck with that

>>	Anonymous Fri Feb 9 12:07:56 2018 No.7498716 Hoping ETH overtakes BTC.

>>	Anonymous Fri Feb 9 12:08:43 2018 No.7498717 >>7498711 On a scale from 1 to 10 how JUST are you man?

>>	Anonymous Fri Feb 9 12:09:27 2018 No.7498718 >>7498704 dollars are actually backed by something other than rampant bottom denominator speculation

>>	Anonymous Fri Feb 9 12:10:15 2018 No.7498719 >>7498593 The price can't go to zero unless only 1 person still holds Bitcoin, and nobody wants to buy

>>	Anonymous Fri Feb 9 12:10:23 2018 No.7498720 >>7498715 >666 at last, you are revealed...

>>	Anonymous Fri Feb 9 12:10:55 2018 No.7498721 >>7498718 What? They're backed by confidence in the US economy. Not gold or anything tangible. Same for cryto. They're backed by security in the technology and expected future value.

>>	Anonymous Fri Feb 9 12:12:35 2018 No.7498722 File: 59 KB, 1000x1000, pepe.jpg [View same] [iqdb] [saucenao] [google] >>7498718 >dollars are actually backed by something Like what are backed by, the government? Remember that one time when you gave up on the gold standard?

>>	Anonymous Fri Feb 9 12:12:35 2018 No.7498723 File: 299 KB, 1280x941, yassss - Copy.jpg [View same] [iqdb] [saucenao] [google] >>7498717 >The Leaf is reduced to being BTFO by the Swedecuck Confirmed rock bottom for Leafs.

>>	Anonymous Fri Feb 9 12:12:53 2018 No.7498724 >>7498721 Fucking THIS Anyone who still thinks being "backed" by anything is really anything other than speculation is fooling themselves

>>	Anonymous Fri Feb 9 12:13:44 2018 No.7498725 >>7498717 All the way. Living in the moment is fun in your 20s. It fucking sucks for your 30s though.

>>	Anonymous Fri Feb 9 12:14:22 2018 No.7498726 >>7498723 >56% calling people cuck Anyhow, when did we all turned to /biz/?

>>	Anonymous Fri Feb 9 12:15:03 2018 No.7498727 File: 197 KB, 608x541, oh-nooo.png [View same] [iqdb] [saucenao] [google] >>7498718 >>7498721 Plus there seems to be no roof on how many dollars can exist in this world. Only a maximum of 21M Bitcoin will exist ever, no more.

>>	Anonymous Fri Feb 9 12:17:27 2018 No.7498728 >>7498726 There is a 44% chance I'm whiter than you Svenhammed. Anyway I don't mind the occasional crypto thread here; they usually wind up getting political due to the discussions of underlying economics and fiscal policy. I have ETH, but not BTC.

Anonymous Fri Feb 9 12:18:12 2018 No.7498729

>>7498593
You're gonna see bitcoin and tech stocks decline like crazy now that
A) Tax cuts are helping the economy
B) Interest rate rises are going to male other business venture, more traditional ones, more profitable
C)Nobody wants a bubble so if they all lleak out slowly they all kinda win
The only thing bitcoin had was that it was independent of a country's recession, but it qas never backed by anything as a result. Again, it was great under these conditions, but the rules have changed now.

Anonymous Fri Feb 9 12:18:21 2018 No.7498730

>>7498662
Do you have nobody you could trust? You could transfer the bitcoins to them they cash out (clean record, so whatever dumb shit you are worried about wouldn't effect them) they then start a meme company a few months later and hire one person (you) at whatever amount a year you decide, you pay taxes and just tick with it until the money runs out, you would probably have to let them get a good chunk but who gives a shit you would both be millionaires.

>>	Anonymous Fri Feb 9 12:18:50 2018 No.7498731 >>7498677 I bought in at ~600$ per to deposite on Bovada. Ended up losing most of the money betting on college football anyway. Would have 10-20x the money

>>	Anonymous Fri Feb 9 12:19:37 2018 No.7498732 >USD drops to 0 sats why should anyone be mad?

>>	Anonymous Fri Feb 9 12:19:40 2018 No.7498733 >>7498604 How does anyone pay 100k for a bitcoin that is only good for trading other bitcoin. Its not a company that makes money. Its a real world worthless currency

>>	Anonymous Fri Feb 9 12:20:34 2018 No.7498734 >>7498723 Also I'm part swedish. My mormor came over as a kid.

>>	Anonymous Fri Feb 9 12:20:50 2018 No.7498735 >>7498733 It's a speculative investment. You bet with your dollars it till go up in value/the amount others are willing to pay.

Anonymous Fri Feb 9 12:20:59 2018 No.7498736

>>7498593

>talking to my friends about the bitcoin drop
>a couple of them have invested HEAVILY in bitcoin
>they're all in complete denial and are telling me that now is the perfect time to buy

The delusion is real. I even tried to warn them before they got into it.

>>	Anonymous Fri Feb 9 12:21:43 2018 No.7498737 >>7498734 My God you truly are doomed.

>>	Anonymous Fri Feb 9 12:26:07 2018 No.7498738 >>7498733 Why does anyone work for 100k USD? Its backed by nothing. The only difference is the dollar is guaranteed to increase in quantity and go down in value, bitcoin with never increase in quantity and the value is speculative.

>>	Anonymous Fri Feb 9 12:27:50 2018 No.7498739 >>7498612 Just dump it and crash the market with no survivors.

>>	Anonymous Fri Feb 9 12:28:59 2018 No.7498740 >>7498739 >30m is enough to crash btc

>>	Anonymous Fri Feb 9 12:30:27 2018 No.7498741 >>7498740 I'd put money on it causing the value to drop by more than half.

>>	Anonymous Fri Feb 9 12:30:31 2018 No.7498742 >>7498737 Thanks for the support. >>7498739 I don't think ~3500 is enough to effect shit man.

>>	Anonymous Fri Feb 9 12:31:20 2018 No.7498743 >>7498741 >half Nah. For one person affect it that much you'd need Saudi prince tier pockets

>>	Anonymous Fri Feb 9 12:31:40 2018 No.7498744 >FUD >PAJEET FLAG THE JOKES WRITE THEMSELVES LADS

>>	Anonymous Fri Feb 9 12:33:17 2018 No.7498745 >>7498738 It's backed by a superpower with nukes.

>>	Anonymous Fri Feb 9 12:33:33 2018 No.7498746 >>7498593 >Every government goes out of their way to fuck over cryptocurrency >"See, Bitcoin was destined to fail!"

>>	Anonymous Fri Feb 9 12:34:36 2018 No.7498747 >>7498739 Do that to the Federal Reserve.

Anonymous Fri Feb 9 12:35:22 2018 No.7498748

>>7498721

>Same for cryto. They're backed by security in the technology.

Security in the technology ?
I have door with a tamper proof lock that needs a special key to open So nobody can ever enter my home without the key . Ok, So... what about the windows then ?

>and expected future value.

If war breaks out, the power grid is the first to be taken out with an EMP. No electricity no bitcoin transactions. Every computer chip fried including your precious USB wallets.
The only things of real value then are food,tools, skills, and weapons.

Bitcoin transactions consume so much energy that the use of chainlink will inevitably be banned due to causing energy crisis.

>>	Anonymous Fri Feb 9 12:35:40 2018 No.7498749 >>7498612 I call bullshit. Post public address.

>>	Anonymous Fri Feb 9 12:35:50 2018 No.7498750 >>7498746 Funny isn't it? It's the same with the ideas here like IOTBW that get raided with shills. The more anti-idea shills there are, the better of an idea it is

>>	Anonymous Fri Feb 9 12:36:33 2018 No.7498751 >>7498749 And private key! We need to really be sure

>>	Anonymous Fri Feb 9 12:38:28 2018 No.7498752 File: 144 KB, 1081x627, IMG-20171205-WA0030.jpg [View same] [iqdb] [saucenao] [google] >>7498593 Shitcoiners on suicide watch.

Anonymous Fri Feb 9 12:40:06 2018 No.7498753

>>7498727

>Plus there seems to be no roof on how many dollars can exist in this world. Only a maximum of 21M Bitcoin will exist ever, no more

There is no bottom on how much bitcoin can be divided. Wether money becomes worth less
or wether you get less Either way you will always end up with the less part.

>>	Anonymous Fri Feb 9 12:41:23 2018 No.7498754 >>7498753 >There is no bottom on how much bitcoin can be divided. Wether money becomes worth less >or wether you get less Either way you will always end up with the less part. I don't follow your logic

>>	Anonymous Fri Feb 9 12:42:03 2018 No.7498755 >>7498745 and was the only way to transfer wealth electronically until an encrypted distributed ledger was created

>>	Anonymous Fri Feb 9 12:44:38 2018 No.7498756 Will McAfee actually eat his own dick on live tv?

>>	Anonymous Fri Feb 9 12:45:06 2018 No.7498757 >>7498612 this is so fake lol

>>	Anonymous Fri Feb 9 12:45:49 2018 No.7498758 >>7498756 https://diegorod.github.io/WillMcAfeeEatHisOwnDick/ so far he's on track for keeping his dick

>>	Anonymous Fri Feb 9 12:47:03 2018 No.7498759 >>7498615 So, take it all out in one go, get taxed for it, wait a while, then spend it. Put it into your retirement fund. Do something with it or you'll regret it for the rest of your life. Unless you're a liar.

>>	Anonymous Fri Feb 9 12:47:47 2018 No.7498760 >>7498753 8 decimal places actually

>>	Anonymous Fri Feb 9 12:49:05 2018 No.7498761 >>7498753 >Implying banks don't deal in fractions of pennies Literally all of your points are better applied to Fiat.

Anonymous Fri Feb 9 12:49:52 2018 No.7498762

>>7498721
Yeah exactly

meanwhile literally the only reason people ever buy Bitcoin are because they think it'll make them money from speculation and to an ever weakening extent to buy drugs online. That is not sustainable and will end sooner or later.

>>7498722
>gold standard memes

>>	Anonymous Fri Feb 9 12:50:33 2018 No.7498763 File: 924 KB, 2912x2008, 1517491177038.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Fri Feb 9 12:51:06 2018 No.7498764 >>7498762 >meanwhile literally the only reason people ever buy stocks are because they think it'll make them money from speculation See how retarded this sounds

>>	Anonymous Fri Feb 9 12:51:28 2018 No.7498765 >>7498635 This is just one flaw coin niggers never see or likely ignore. Just one of many.

>>	Anonymous Fri Feb 9 12:52:11 2018 No.7498766 >>7498763 >inherent use People who unironically use this term should be gased

>>	Anonymous Fri Feb 9 12:52:47 2018 No.7498767 >>7498622 Can you help me sign up to sell Amway while you are here?

>>	Anonymous Fri Feb 9 12:53:32 2018 No.7498768 File: 77 KB, 645x773, mexican brainlett.png [View same] [iqdb] [saucenao] [google] >>7498766 s-stop using difficult words

>>	Anonymous Fri Feb 9 12:54:13 2018 No.7498769 >>7498647 And you are a fucking liar. People bitch about issues with selling all the fucking time. Keep shilling your scam, kike.

>>	Anonymous Fri Feb 9 12:54:54 2018 No.7498770 >>7498768 Difficultly has nothing to do with it. The very concept is flawed. You could literally change "btc" to "dollars" and it would be just as valid

>>	Anonymous Fri Feb 9 12:54:58 2018 No.7498771 >>7498593 So if it drops to Zero can I buy them all for free?

Anonymous Fri Feb 9 12:55:28 2018 No.7498772

>>7498764
yeah except stocks are being used by companies to grow and expand. In that sense they are backed by the companies that you are buying shares in, as well as the state of the market in general. The robustitude of the market varies of course, but with Bitcoin literally the only thing backing it is people's confidence that it will continue to make them money. If that changes, which it probably will MUCH more so than the regular stock market, bitcoin falls. If it falls too much, people will probably jump ship. And when people jump ship, there's not a whole lot of reason for people to go back, whereas with the stock market it is based on the well being of an entire country and the businesses that reside there, meaning it will by necessity recover at some point.

>>	Anonymous Fri Feb 9 12:56:11 2018 No.7498773 >>7498769 >you must be lying >my anecdotal evidence is proof! Have you ever tried to use coinbase? Or are you content to spew secondhand retardation?

>>	Anonymous Fri Feb 9 12:56:45 2018 No.7498774 >>7498669 Prove it. Redact your personal information and prove you "at least' doubled your money. Given that you can not even tell us your growth rate it is a safe bet you are just LARPing like everyone on /biz/.

>>	Anonymous Fri Feb 9 12:57:02 2018 No.7498775 File: 13 KB, 196x250, brainlet 4.jpg [View same] [iqdb] [saucenao] [google] >>7498770 I-I'm j-just m-mad someone made fun of a mistake I made, b-better focus on linguistics to appear smart-ter

>>	Anonymous Fri Feb 9 12:57:11 2018 No.7498776 >>7498679 Sure you did, faggot.

>>	Sage Fri Feb 9 12:57:23 2018 No.7498777 >>7498681 Bullshit. You don't owe $20 million in back taxes and alimony/child support. Fucking LARP level 1/10

Anonymous Fri Feb 9 12:57:31 2018 No.7498778

>>7498764
>See how retarded this sounds

Stocks as ownership in a company have intrinsic value. If the company is broken up, you as a shareholder is compensated. If bitcoin goes to zero you get to go fuck yourself.

What can you coinfags not understand about this?

Anonymous Fri Feb 9 12:57:45 2018 No.7498779

>>7498754

> I don't follow your logic

1 dollar , 5 dollar , 10 dollar , 100 dollar.

versus,

1 bitcoin, 0.5 bitcoin, 0.10 bitcoin, 0.01 bitcoin, 0.001 bitcoin.

"Only 21 million bitcoins " doesn't make any difference.

Your house has a permanent value. If you get more dollars or bitcoin for your house it only means the dollar and bitcoin have decreased in value.
If Dollar and bitcoin have increased in value you will get less of them for your house.

top cap ( 21 million ) or bottom cap ( 1 cent ) makes no difference it's just a bullshit marketing slogan. Dollars just print more, bitcoin divides more.

>>	Anonymous Fri Feb 9 12:57:53 2018 No.7498780 >>7498593 >>/biz

>>	Anonymous Fri Feb 9 12:58:42 2018 No.7498781 >>7498703 Prove it.

Anonymous Fri Feb 9 12:58:45 2018 No.7498782

>>7498748
That makes no sense. There is no window. Bitcoin is secured by sha256. To say that 2 to the power of 256 is a large number is a huge understatement. Essentially you can never have enough computing power to
1) forge a signature on the blockchain and give yourself Bitcoin you were not authorized to have
2) keep that like going long enough to continually fool the rest of the network which is continually checking the validity of new blocks against past blocks

>Muh dooms day
Again. Fiat is the same in that scenario. Why would I take dollars for goods if the world ends. Hell why would I take gold? We either make a mutual trade for the few goods anybody cares about or I take what I want by force. But this entire scenario is retarded. This isn't about Doomsday prepping. It's democratized currency out of the hands of the fed. Simple as that. At least understand the tech before you try to fud it, Grandpa.

>>	Anonymous Fri Feb 9 12:58:46 2018 No.7498783 >>7498593 Doesn't it take an hour+ to validate a transaction? Whatever it is, its not a currency.

Anonymous Fri Feb 9 12:59:03 2018 No.7498784

>>7498772
>The robustitude of the market varies of course, but with Bitcoin literally the only thing backing it is people's confidence that it will continue to make them money.
That's literally how it works with stocks. That's why they usually jump after a good earnings report is published, it increases people's faith that this stock will make them money.
Also, companies have begun to adopt block chain tech to expand their business, so it's helping expand in a similar way.
They're exactly the same.

>>	Anonymous Fri Feb 9 12:59:32 2018 No.7498785 >>7498704 As compared to crypto that will allow you to get a sandwich. Outstanding.

>>	Anonymous Fri Feb 9 12:59:33 2018 No.7498786 >>7498600 high interest rates are a good thing

>>	Anonymous Fri Feb 9 12:59:47 2018 No.7498787 >>7498593 Anybody buying bitcoin is a fucking idiot or smark gambler. The smart ones bought it long ago and cashed out at the top

>>	Anonymous Fri Feb 9 13:00:02 2018 No.7498788 >>7498593 Bought them for $2 each and sold them for $2500

>>	Sage Fri Feb 9 13:00:05 2018 No.7498789 >>7498698 >it's smarter for me to take out a few hundred every month anonymous You are dumb even for a maple swilling leaf, holy fuck KYS

>>	Anonymous Fri Feb 9 13:00:31 2018 No.7498790 >>7498601 How would those NEETs have enough money to invest to make real profit without having a source of income first?

>>	Anonymous Fri Feb 9 13:00:32 2018 No.7498791 >>7498775 >fun of a mistake I made >free money I'd a mistake K

>>	Anonymous Fri Feb 9 13:00:35 2018 No.7498792 >>7498785 I paid my student loans with the gains from crypto. Stay plebian.

>>	Anonymous Fri Feb 9 13:00:39 2018 No.7498793 >>7498612 can you like... warn us right before you take it out? I need a flag to buy in again

>>	Anonymous Fri Feb 9 13:00:48 2018 No.7498794 >>7498595 >but not blockchain Learn how to read, idiot.

>>	Anonymous Fri Feb 9 13:00:52 2018 No.7498795 >>7498706 >A memeflag calling someone a kike. That is like a nigger saying to stop being a nigger.

>>	Anonymous Fri Feb 9 13:00:56 2018 No.7498796 File: 349 KB, 417x698, 9222f62262ce061c56ff0b489b59c88b.png [View same] [iqdb] [saucenao] [google] >>7498786

>>	Anonymous Fri Feb 9 13:01:46 2018 No.7498797 File: 78 KB, 875x568, BitcoinII.jpg [View same] [iqdb] [saucenao] [google] >>7498791 kek you fell for a jewi*h trick. Enjoy while I laugh

>>	Anonymous Fri Feb 9 13:02:27 2018 No.7498798 >>7498770 >You could literally change "btc" to "dollars" and it would be just as valid You can't, as the dollar is backed by debt and the petroleum driven industry. BTC is backed by hype and hype alone.

>>	Sage Fri Feb 9 13:02:27 2018 No.7498799 >>7498711 Again this is a terrible LARP. You can kill both of your wives and be out in 20 years in leaf land. No way you have that much of a debt following you. Drown yourself faggot

Anonymous Fri Feb 9 13:02:35 2018 No.7498800

>>7498784
Yes that is literally how it works with stocks, except that they are actually backed by something other than average joe's speculation. In your own post we can point to the earnings report, IE state of the company, and not the state of the stocks themselves.

Anonymous Fri Feb 9 13:02:50 2018 No.7498802

>>7498612
Are you totally fucking retarded? APMEX accepts ether payments for gold and silver coins. Just buy 30 million in bulion without ever converting to fiat and just HODL the physical metal. If the taxman ever comes after you, sell off the coins in the exact amount that you "owe" and pay them off

>>	Anonymous Fri Feb 9 13:02:51 2018 No.7498801 >>7498779 One cent isn't the lowest denomination of USD and houses go up in value for other reasons like higher demand for houses.

>>	Anonymous Fri Feb 9 13:02:59 2018 No.7498803 >>7498593 that would mean that no one on earth would buy 1 BTC for even a penny. thats crazy.

>>	Anonymous Fri Feb 9 13:03:10 2018 No.7498804 >>7498796 Saving money and not buying on credit is how you beat the Jews and make money on high interest rates. My parents are very wealthy because they lived like that

>>	Anonymous Fri Feb 9 13:03:13 2018 No.7498805 >>7498774 Hold on

>>	Anonymous Fri Feb 9 13:03:17 2018 No.7498806 >>7498797 People have been posting this image for 10+ years. Congrats, retard.

>>	Anonymous Fri Feb 9 13:03:54 2018 No.7498807 >>7498778 >If the company is broken up, you as a shareholder is compensated. If a company declares bankruptcy, the stocks are often worthless.

>>	Anonymous Fri Feb 9 13:04:03 2018 No.7498808 >>7498598 bitcoin is useful for money laundering and avoiding taxes. Something banks absolutely fucking love to do. It'll become very popular.

>>	Anonymous Fri Feb 9 13:04:15 2018 No.7498809 >>7498800 On paper yeah. But probably 1% of investors even know what the companies they buy do. It's all emotion based trading. Literally no different.

>>	Anonymous Fri Feb 9 13:05:11 2018 No.7498810 >>7498800 >we can point to the earnings report, IE state of the company, and not the state of the stocks themselves. Don't be retarded, stocks are just shares of the company, they're directly related

>>	Anonymous Fri Feb 9 13:05:41 2018 No.7498811 >>7498783 Bitcoin isn't the only cryto.

>>	Anonymous Fri Feb 9 13:05:42 2018 No.7498812 >>7498711 that's weird because people who had DUIs years ago in the US can't even enter Canada by boat

>>	Anonymous Fri Feb 9 13:05:43 2018 No.7498813 >>7498798 >it's only propose is to be traded True for btc and usd

>>	Anonymous Fri Feb 9 13:05:48 2018 No.7498814 File: 87 KB, 450x495, grin laugh face gorge bish.jpg [View same] [iqdb] [saucenao] [google] >>7498806 wow, yet you still couldn't understand what it meant? How does it feel to be a complete moron?

>>	Anonymous Fri Feb 9 13:06:23 2018 No.7498815 I think the real reason Bitcoin will hit zero is because governments are going to fuck with it until nobody feels it's safe or stable enough to invest or HODL. Everyone will try to cash out at once, realize they can't, and it's gg no re.

>>	Anonymous Fri Feb 9 13:06:25 2018 No.7498816 >>7498770 What can you buy with btc? How the fuck is the concept "literally" challanged? You must be the most stupid fuck to ever suck his father dick. Please kill your family.

>>	Anonymous Fri Feb 9 13:07:36 2018 No.7498817 >>159844919 Did he ever send it?

>>	Anonymous Fri Feb 9 13:07:51 2018 No.7498818 >>7498773 Yet you offer nothing but your own conjecture. lololololol. It must be nice to be this stupid. Kinda like how a retard is always smiling.

>>	Anonymous Fri Feb 9 13:08:52 2018 No.7498819 >>7498808 lel

Anonymous Fri Feb 9 13:08:56 2018 No.7498820
File: 20 KB, 402x206, .png [View same] [iqdb] [saucenao] [google]

>>7498814
So bitcoin has been a bubble over 10 years?
Every single day faggots like you who have no idea what they are talking about say shit like "BITCOIN IS OVER" and post that stupid fucking image.
You have no special insight.
Kill yourself, retard.

>>	Anonymous Fri Feb 9 13:09:08 2018 No.7498821 >>7498593 So when should we buy Bitcoin again?

>>	Anonymous Fri Feb 9 13:09:35 2018 No.7498822 >>7498821 Do you think bitcoin acts like a normal stock?

>>	Anonymous Fri Feb 9 13:09:39 2018 No.7498823 File: 416 KB, 1060x988, IMG_8241.jpg [View same] [iqdb] [saucenao] [google] >>7498790 Because this shit was worthless enough at one point that an amount now worth millions was the cost of pizza money when these NEETs found out about it.

>>	Anonymous Fri Feb 9 13:10:31 2018 No.7498824 >>7498822 idk, how does it act? i assume you must buy cheap and sell high

>>	Anonymous Fri Feb 9 13:10:40 2018 No.7498825 File: 58 KB, 475x562, yqh93.jpg [View same] [iqdb] [saucenao] [google] >>7498820 kek what's a Ponzi scheme?

>>	Anonymous Fri Feb 9 13:12:00 2018 No.7498826 >>7498824 yeah sure if it was a normal investment, there is a real chance the shit will be absolutely worthless so you need to buy low as fuck

Anonymous Fri Feb 9 13:12:01 2018 No.7498827

>>7498779
>Your house has a permanent value.
And this is how we all know to not follow any fininical advice you give. No one this stupid has an openion worth a damn.
Get in and make some money. I am perfectly okay with that and hope you make a killing off of stupid peope but trying to explaine how crypto is the same as cash when you can not do anything but traid it is proof you are unable to grasp simple concepts.

this is the part where you tell me how high your IQ is and how you have a docorate from cornell in economics or some other grandiouse lie.

>>	Anonymous Fri Feb 9 13:12:35 2018 No.7498828 >>7498823 Yeah and almost all of those NEETs spent it on pizza and drugs on silk road back then

>>	Anonymous Fri Feb 9 13:13:22 2018 No.7498829 >>7498825 PONZIE SCHEME BITCOIN IS OVER BUBBLE.PNG BITCOIN MEME XDDDD Your trite shit has been posted a million times a day.

>>	Anonymous Fri Feb 9 13:13:44 2018 No.7498830 >>7498826 Thanks man, i will look into it more before doing anything .

Anonymous Fri Feb 9 13:14:43 2018 No.7498831

>>7498810
no idea what you're trying to say lad

>>7498809
It's emotion based yeah but it's still backed by something in the real world, the company. What gives people confidence in Bitcoin? With stocks it's that the company will grow, make money, and try not to screw them. If people lose confidence in that company or the stock itself they'll drop it. But the company is still there and can rebound. The only thing that gives people any confidence in bitcoin is that it's made it this far and has made people a lot of money. So people invest in it. What happens when it stops making people money?

Anonymous Fri Feb 9 13:14:48 2018 No.7498832
File: 313 KB, 1000x1000, 1507782453607.png [View same] [iqdb] [saucenao] [google]

>had a bunch of bitcoin at $7 for Silk Road stuff
Fuck, I'm so butthurt about it. Even before it hit $1000 I would avoid reading about it. Now lately it is unavoidable again.

>>	Anonymous Fri Feb 9 13:22:29 2018 No.7499082 So how would the last transaction go you put 0 at the price and than put in the order Try again boomers

>>	Anonymous Fri Feb 9 13:23:57 2018 No.7499134 >>7498593 >Decent probability Boomer statistics.

Anonymous Fri Feb 9 13:24:22 2018 No.7499153
File: 112 KB, 600x800, 1517335806569.jpg [View same] [iqdb] [saucenao] [google]

> As you get older your brain loses its plasticity at some point and you get wedded to the frameworks that you have”, said Tyler Winklevoss.

> You enter this world and you're taught money is this thing that's green, or it's this precious metal, and you start confusing what's familiar or what you use as what's real or the way things have to be

>>	Anonymous Fri Feb 9 13:24:59 2018 No.7499169 File: 64 KB, 1256x523, 9292929.png [View same] [iqdb] [saucenao] [google] >>7498594 kek

>>	Anonymous Fri Feb 9 13:26:16 2018 No.7499213 >>7498612 reeeeeeeeeeeeeeeee decent probability that this larp is 0/10 by 2018

>>	Anonymous Fri Feb 9 13:28:14 2018 No.7499271 >>7498602 That will happen very soon. Only years. How the fuck would bitcoin go to 0? As it crashed more and more ppl would buy this scarce coin. Id buy all the way to zero. I'll own em all if u let me. Fuckin boomer nocoiners.

>>	Anonymous Fri Feb 9 13:28:20 2018 No.7499277 File: 209 KB, 466x360, 234234237987645667908.png [View same] [iqdb] [saucenao] [google] holyshit does half of the thread have no IDs wtf is going on?

>>	Anonymous Fri Feb 9 13:29:24 2018 No.7499313 >>7498593 It will never go to zero. Lowest possible price are some cents. Who would sell their bitcoin for $0 ? Retarded nocoiner.

>>	Anonymous Fri Feb 9 13:29:25 2018 No.7499316 >>7498593 It's another one of those > Muh blockchain is great without them coins, companies are just gonna replace their databases with blockchains and not use them coins.

>>	Anonymous Fri Feb 9 13:30:18 2018 No.7499344 funny, but bitcoin can go to zero if miners abandon it due to low price

>>	Anonymous Fri Feb 9 13:30:42 2018 No.7499353 >>7498613 This is a very funny joke post. Thanks anon. Will copy pasta.

>>	Anonymous Fri Feb 9 13:31:55 2018 No.7499389 File: 31 KB, 300x300, Dead king.jpg [View same] [iqdb] [saucenao] [google] Bitcoin will go to near zero, but something better will take its place Bitcoin isn't all of crypto forever

>>	Anonymous Fri Feb 9 13:32:09 2018 No.7499397 >>7499277 probably some one posted this thread in /g/ and it got moved here by some one who does it for free

>>	Anonymous Fri Feb 9 13:33:12 2018 No.7499440 File: 126 KB, 604x516, 1517624165316.jpg [View same] [iqdb] [saucenao] [google] >>7499313 All those wallets form dead people will save us.

>>	Anonymous Fri Feb 9 13:33:56 2018 No.7499459 >>7499313 Well, if literally noone is willing to buy your BTC even for a few cents then it's fair to say that it's worth 0$ Ofc that will never happen in our lifetime

Anonymous Fri Feb 9 13:35:46 2018 No.7499507

>>7498624
Cash is dying. Dont worry about cash. Just hold cryptos. I buy only from overstock because it takes muh cryptos. I buy gold and silver with it. Then i buy raw heroin with the gold, then sell that wholesale to niggers. Then i launder that money thru a local baltimore printer shop or funeral home. Take that (((taxman))).

>>	Anonymous Fri Feb 9 13:45:54 2018 No.7499824 >>7498613 >what is scaling difficulty >whitepapers are for wiping ass

>>	Anonymous Fri Feb 9 13:51:55 2018 No.7500018 >>7498763 satoshi never moved his coins

>>	Anonymous Fri Feb 9 13:51:57 2018 No.7500021 >>7498593 try again everybody with half a brain already knows that it's impossible that it goes to zero

>>	Anonymous Fri Feb 9 13:53:30 2018 No.7500076 >seriously replying to a full retard thread that got moved here Lmao at you /biz/ dudes

Anonymous Fri Feb 9 13:54:37 2018 No.7500112
File: 42 KB, 400x400, 1404670136427.jpg [View same] [iqdb] [saucenao] [google]

http://fortune.com/2018/02/06/bitcoin-price-cftc-sec-cryptocurrency-hearing/
https://www.ccn.com/european-banks-soon-hold-bitcoin-admits-ecb-president/

>“We owe it to this new generation to respect their enthusiasm for virtual currencies, with a thoughtful and balanced response, and not a dismissive one,”
- J. Christopher Giancarlo, Chairman of the Commodity Futures Trading Commission

>“I hope people pursue it vigorously,”
- Jay Clayton, Chairman of the SEC. Appointed by President Donald Trump

>"The crypto market could be worth $20 trillion by 2020"
- Senator Mark Warner, the wealthiest US Senator as of 2012 and a pioneer in cellphone technology

>"However, recent developments, such as the listing of Bitcoin futures contracts by US exchanges, could lead European banks too to hold positions in Bitcoin, and therefore we will certainly look at that."
- Mario Draghi, President of the European Central Bank

And 1 day before all of this, some /biz/fag claiming to work for Deutsche Bank was saying that they were starting to buy BTC/ETH using non-client funds.

b-b-b-but muh boomer economist said zero.

Anonymous Fri Feb 9 13:54:53 2018 No.7500123
File: 70 KB, 1170x742, 1518112507212.jpg [View same] [iqdb] [saucenao] [google]

Day it with me with _ _ _ _ you lose _ _ _ _ _. Think for a fraction of a second do these guys want to see crypto succeed? It's like Trump or that woman who ran talking about each other their going to say nasty things. They dont want success

>>	Anonymous Fri Feb 9 13:57:47 2018 No.7500207 How are these people so stupid. If it went to 0 I'd just buy all BTC for $1. Oh wait, someone else will want to buy for $1.1 and we're back where we started

>>	Anonymous Fri Feb 9 13:59:43 2018 No.7500261 >>7500207 >How are these people so stupid. If it went to 0 I'd just buy all BTC for $1. Oh wait, someone else will want to buy for $1.1 Well shit if that's the case I guess every crypto and stock should go up forever!

Anonymous Fri Feb 9 14:02:47 2018 No.7500356

>>7500112
if you still dont get it this news are bad for bitcoin
legal sec regulated icos will cut btc out of equation because they will be traded for usd like other securities in usa
european futures will do the same thing usa futures did, because bankers don't need volatile instruments and without volatility everyone will loose interest in it making it bleed to pre-2017 prices for years

>>	Anonymous Fri Feb 9 14:04:13 2018 No.7500403 >>7500261 The argument is that BTC will go to 0, not that the value will fluctuate. I bet you felt smart making your post didn’t you? Too bad you’re just a retard.

>>	Anonymous Fri Feb 9 14:05:11 2018 No.7500438 >>7500356 >bad for bitcoin Thank fucking god. Bad for Bitcoin, good for crypto as a whole. The Bitcoin standard needs to die so better things can take over

>>	Anonymous Fri Feb 9 14:06:07 2018 No.7500461 >>7500261 >t. dumb straw man poster

Anonymous Fri Feb 9 14:06:16 2018 No.7500467

>>7498718
The US dollar was created for the sole purpose of being an unbacked currency, since the banks controlling much of the backed currency (silver and gold) charged the government insanely high rates for funding wars in the 1700s.

If you really want to only buy backed currencies, you better buy silver soon. Shit may explode.

>>	Anonymous Fri Feb 9 14:07:31 2018 No.7500500 File: 30 KB, 720x708, 1518033207105.jpg [View same] [iqdb] [saucenao] [google] >>7498593 Are nocoiners still trying to fight it?

>>	Anonymous Fri Feb 9 14:08:40 2018 No.7500540 >vanguard is optimistic about blockchain, but not bitcoin This seems like a reasonable and well-considered position to hold.

>>	Anonymous Fri Feb 9 14:09:34 2018 No.7500560 >>7500403 >The argument is that BTC will go to 0 The argument that that it will go low enough to essentially be worthless, using 0 as an exaggeration

>>	Anonymous Fri Feb 9 14:10:46 2018 No.7500589 >>7498593 It won't go to zero, it won't go to 100k either. Why do you always have to think in categories of either / or, mongrellus??

>>	Anonymous Fri Feb 9 14:13:14 2018 No.7500658 >>7498624 Why would you cash it and pay taxes when you can keep it in crypto's and 5x it many times this year

>>	Anonymous Fri Feb 9 14:29:43 2018 No.7501169 listen when market-makers talk. vanguard buys and rents politicians. there is a real downside to crypto and the right kind of visibility will kill it.

>>	Anonymous Fri Feb 9 14:29:44 2018 No.7501171 >when you realise everyone in these threads actually have coins and this is just ironic shitposting

>>	Anonymous Fri Feb 9 14:31:31 2018 No.7501224 >>7498593 There's literally a 0% chance it'll go to zero

>>	Anonymous Fri Feb 9 14:33:20 2018 No.7501289 >>7501171 so what i also have stocks and fiat

>>	Anonymous Fri Feb 9 14:33:48 2018 No.7501307 Meanwhile https://coinmarketcap.com/currencies/bitconnect/

>>	Anonymous Fri Feb 9 14:37:53 2018 No.7501437 >>7501289 Grab some precious metals and you're set

>>	Anonymous Fri Feb 9 14:44:05 2018 No.7501627 >>7501437 fuck off with your silver absolute pnd

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