BTC is the future. Your banks and economies will fail

BTC is the future. Your banks and economies will fail.

Why don't you have your life savings in bitcoins yet?

Other urls found in this thread:

medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.a9kcneaa4
youtube.com/watch?v=-hlN2nel5HI
twitter.com/SFWRedditGifs

I doubt it's the future because it's never a good idea to use bitcoin until you think the value has peaked.

It reminds me of party hats on Runescape.

> banks fail
then
> economy fails
then
> digital-electronic infrastructure fails
then
> bitcoin fails

Best Ponzi scheme that exists currently.

it's really totally insignificant unless you paid more for it than what it's worth than when you're spending.

>omg it's bullshit that I have to pay $5 for a chocolate bar when I could've got it for a nickel a hundred years ago

Why bitcoin, why not cryptocoin, kazoocoin, dogecoin, megacoin, 12321312123 other crypto currencies?

That's the inherent problem with cryptocurrencies (as opposed to gold), bitcoin is just in a bubble, because wall street sees it as a quick way to make a buck speculating on it.

I have my life savings in decred ... It's Bitcoin with built in voting... It's like a digital state. Can't explain all here but it rose 300pct since I invested so I'm a happy puppy

>no electricity
>no money

i'll rather hoard mu krugerrands

Bitcoin isn't a bubble, it's more of a sun that will keep expanding for a very very very long time.

If the economy collapses and my country can't import food nobody will trade me potatoes for virtual currency. In that situation you may as well offer them WoW gold.

...

you mean like a potato famine?

Some people are financially reckless, others are forward thinking.
Let's say you have 10 Bitcoin. That's a decent amount with the current price.

You start buying shit online with it for fun and end up spending half.

You just lot a lot of fucking money if BTC price was to rise considerably, which is very likely. On the other hand if the price collapses then you gained some shit worth a couple of thousand.

You have a lot more to win from holding.

The irony is in a local collapse there might actually be a market for WoW gold farmers.

Is that a real ginger nigress on the bottom left?

bastard child of some poor irish drunk

when a sun expands, it means it's dying, retard

What is bitcoin but another bank in the economy.

all money can crash, what you need is a house, a car maybe if you earn good invest some money in gold

That was the POINT you low IQ inbred mongol!

Since paypal closed here bitcoin is our #3 most popular currency desu
Erdo doesnt care if we buy stuff off the darknet or launder cash as long as we dont fuck with the CIA
feels gud

I don't know how to mine bitcoins

Jesus how can someone be this stupid. Read my comment again:

Take your crypto bullshit here

I use it to buy shady shit. So I buy and use with a 48 hour period. It's great for that but I don't have any real expectations beyond that.

You can just buy them for your dollars
Unless you have a specialised mining rig, mining is pretty much useless

about a year ago I was on Sup Forums and an user says "if the last three numbers match I will give you one bitcoin" I replied whatever. Next thing I know I hit refresh and everyone is saying "fuck". I look in my wallet and it was worth $237, I still have it and it's worth $900. Thanks Sup Forums

>AGAIN

nice

Wrong. In case of failure there will be enough time to switch to Bitcoin.

Bitcoin is going to be huge. If you want some insider news google for Bitcoin Winklevoss ETF. The deadline is soon.

It's pretty much everything else than a bank in the economy.

If you are reading this. Research Bitcoin. Google it, watch a documentary, read forum posts. This is going to be huge.

no. stop attaching future time to your past decisions. if you bought bitcoin at $10 and spent it at $20 you didn't lose anything , even if it goes to $1000.

must be true

Nice. Really makes you trip.

You're one retarded leaf.
You can't play the game without game theory.

There are winning tactics and there are losing ones in every game. Bitcoin isn't a currency and will never be one, it's a game to get rich that's made to look like a currency to dumb people.

Pekke cucked as fuck. Good goy

Yes, and it was a wrong point, sven. It is a bubble.

> wrong. in case of failure, due to global overdependency, it will is a much time to say 'fuck' before the whole thing collapses

i do, thats why i am in

naaaah

>cucked

Whatever bro, just trying to educate the masses.

because gold is still available

I don't trust in any pump'n'dump memecoin like so many chumps do, my only regret is that I didn't get into mining while it was still individually viable

I think that the tech behind it is truly great and will eventually replace the central banking jew but as long as fiat exists so does the danger of BTC market manipulation

Educate me as to why bitcoin is superior to say ammunition, gold or bic lighters, just off the top of my head.

truth is it isn't unless you're a chink looking to move a bunch of ill gotten gains out of the cancerous chink economy

Because Gold is where it is at.

Internet will collapse one day, just like humanity.

An economic bubble or asset bubble is trade in an asset at a price or price range that strongly deviates from the corresponding asset's intrinsic value.

BC is not government backed currency (currency backed with violence and law) and it is not intrinsically valuable like gold (a hard limited tangible asset).

Whilst I don't think BC is pointless, I think its price is speculators trying to make money. In order for them to be able to sell the BC at profit someone else has to want to pay a higher price for it. Any price drive like this is a bubble.

The day when cashless society becomes real is the day when the last bit of freedom gets taken away from people.

enjoy carrying gold bars around in your pocket, while i go get lunch with my smart phone, scanning the mcdonalds bitcoin wallet, and transaction appears instantly

>I think its price is speculators trying to make money.
no shit lmao.

medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.a9kcneaa4


btw, gold can have supply shocks, because there is no finite supply

>They actually think in case of catastrophic economic failure people will care about their meme money

feel like a scam. shills are posting here to get people to buy before the price drops.

the issue isn't practicality but volatility
I can carry cash and buy x instantly, wow
gold is a hedge and long-term store of value, for trading there's a paper variant

>bitcoin is deflationary so you should never spend it

if no one spent bitcoin the market would stagnate
your logic is already baked into the current market price

>her pussy didn't FEEEEL like it had a disease
>if FEEEELS right to let women vote

you are a failure

>what are micro sd cards
can you put 1 billion in gold under your tongue faglord?

i guess time will tell

youtube.com/watch?v=-hlN2nel5HI

Information networks and power systems will fail along with the banks and economies.

Checked

>Not hoarding copper wire.

You're doing it wrong nigger.

Bitcoins have no legal backing yet, so anyone can just get the payment and never deliver the product, and there's nothing you can do to get your bitcoins back, so trading directly in bitcoins in italy equals to a legal nightmare at every turn
On the other hand, having your bank account on a private machine is even a worse problem

because iam not retarded, they only secure investment is in gold and silver

>silver
is it tax free in your cunt, cunt?
they strap on VAT here both when buying and selling, only gold is tax free

nope, I can confidently say that a trader "should never feel bad about realizing a profit"

It's the most easily manipulated and controlled currency in the world.
Push of paying all bills online, moving everything online. So they could easily control all aspects of our lives. Less privacy, less anonimty

US
>will kill net neutrality soon
>will destabilize bitcoin integrity

India
>introducing cashless currency
>will make bitcoin trading redundant

China
>straight tighten great firewall to cut off bitcoin

Europe, ME and Africa
>internet infrastructure is constantly under threat