IS HE /OURGUY/?

>$3250

HAHAHAHAHAHAHAHAHAHAH

Other urls found in this thread:

cnbc.com/2017/09/13/john-mcafee-challenges-jamie-dimon-bitcoin-skepticism.html
reuters.com/article/us-china-bitcoin-btcc/bitcoin-exchange-btcchina-says-to-stop-trading-sparking-further-slide-idUSKCN1BP1J8
twitter.com/NSFWRedditImage

MY MONEY AAAAAAAAAAAAAAAAAAAAAAAAHHHHHHH

he's scared. He should be

Millennial betas are going to kill no one but themselves once Bitcoin becomes worthless.

Europe to ban bitcoin in 30

JPmorgan got themselves a nice wedge of corn today. As did a lot of the Chinese ruling committee.

Bitchcoin is already inherently worthless, the only thing driving it is the greater fool theory and the black market. Eventually it will go to zero.

blockchain tech is what matters. If it's not bitcoin, it'll be some other, better coin that will change the world.

read the whitepaper, understand it. Oh wait, you're college dropouts with no real education

Why should i want bitcoin which is backed by nothing? I would rather us dollars which are universally accepted and backed by the us army

Bitcoin is backed by something even more valuable than military and that's drugs. Bitcoin is going to crash but it's not going to go below 2 grand. It was still insanely over valued as of late.

>Projecting
You're the college dropout with no real education

JP Morgan has a LARGE vested interest in Ethereum.

Understand?

Sup Forums hates the fed, the jews, the banks but won't embrace the only thing that can overthrow them. Interesting.

t. Still up 400% during this detour.

He's shorting.

You're right about blockchain tech, but wrong about it implemented as a coin.

I wonder how much he managed to buy and at what price?

Cool story, gonna buy that sweet dip and see you when BTC break new records and go to $7000

>Bitchcoin is already inherently worthless
you nocoiners are a diamond dozen. no research into blockchain capabilities even though it's so pertinent of an answer to your political silencing (DS) (TRS) (Radix)

>a diamond dozen.

Blockchain can't work without incentive to run a node or mine, fucking retard.
100 redneck jackoffs complaining like ornery boomers about things they don't understand.
You used to be cool, Sup Forums, but lurking /biz/ is starting to show me how retarded a lot of you really are.

>Blockchain can't work without incentive to run a node or mine
What is the incentive, right now, for anyone outside a major mining warehouse to do either?

>mfw the Fed and other central banks create Bit Dollar or Bit Pound and you can trade your Bitcoins for a certain amount of that currency and all shops and online stores will only be allowed to accept transactions in Bit Dollar or Bit Pound.

Are you ready goys?

...

Do you know what a mining pool is? Do you know what proof of stake is so you know anything about cryptocurrency beyond "muh millenials grr"?

>you can trade your Bitcoins

Kek, they'll just ban it.

I hole-hardedly agree, but allow me to play doubles advocate here for a moment. For all intensive purposes I think you are wrong. In an age where false morals are a diamond dozen, true virtues are a blessing in the skies. We often put our false morality on a petal stool like a bunch of pre-Madonnas, but you all seem to be taking something very valuable for granite. So I ask of you to mustard up all the strength you can because it is a doggy dog world out there. Although there is some merit to what you are saying it seems like you have a huge ship on your shoulder. In your argument you seem to throw everything in but the kids Nsync, and even though you are having a feel day with this I am here to bring you back into reality. I have a sick sense when it comes to these types of things. It is almost spooky, because I cannot turn a blonde eye to these glaring flaws in your rhetoric. I have zero taller ants when it comes to people spouting out hate in the name of moral righteousness. You just need to remember what comes around is all around, and when supply and command fails you will be the first to go. Make my words, when you get down to brass stacks it doesn't take rocket appliances to get two birds stoned at once. It's clear who makes the pants in this relationship, and sometimes you just have to swallow your prize and accept the facts. You might have to come to this conclusion through denial and error but I swear on my mother's mating name that when you put the petal to the medal you will pass with flying carpets like it’s a peach of cake.

Bitcoin cannot be banned.

God you faggots are so stupid.

Kek this made me smile.

They can't enforce the ban on other nations.

They can shut down all the exchanges user.

but they havent so there you go?

dips are opportunity retard
volatility provides smart people better opportunities to increase their gains faster

> Worse than tulip bulbs

lols.

No they can't, if they could they would have done so already fucking lel...

They'll have to embrace digital currency because that is viable, in fact it's the only viable solution to their (((problem))). They cannot enforce this ban anywhere, the best they can do is ban it in the US and ban any imports that were bought with bitcoin and that would cost too much to enforce, regulate and monitor.

Stop being a silly billy or you'll have to go in the naughty corner.

>thinking people on Sup Forums know anything about economics or political science

you're the fucking retard here

WHY DIDN'T I LISTEN TO HIM? I FELL FOR THE BTC MEME, MY MONEY AHHHHH

Jamie "I love the ADL" Dimon

Dimon is just scared along with all his Jew pals that they can not control cryptocurrency.

>if they could they would have done so already

They literally only just started

Make it stop
MAKE IT STOP MAKE IT STOP

>Bitchcoin is already inherently worthless
>the only thing driving it is the greater fool theory

Sounds strikingly similar to pic related desu

Decentralized exchanges built on p2p networking like kyber, ethfinex, radar relay, etherdelta, etc CANNOT be shut down. You are god damn retarded. Stop talking about things you are ignorant about.

>nocoiner mad he missed the gravy train
many of us did
no need to be so salty about it
there are still many moon missions to come

>Just started
No what they've done is set a narrative to tarnish bitcoin with a bad brush, this will fail and people will still buy things with it and sell things wanting bitcoin. They'll exhaust this path and then they'll go with the thing I suggested, which is creating a digital form of the dollar in which bitcoin can be traded in, they need to eradicate bitcoin from circulation and eradicate the desire for it by choking it and offering better incentives to go with their (((better digital currency))) instead.

Now, you've earned yourself 10 minutes in the naughty corner!

cnbc.com/2017/09/13/john-mcafee-challenges-jamie-dimon-bitcoin-skepticism.html

>digital form of the dollar

Dollar is already digital user. Don't you not have an online banking account?

It's not a fraud, per say. The blockchain is an innovative and robust concept.

It's the a priori assumption of a global monoculture--for open source code, kek--and the algorithmically imposed artificial scarcity that make me nervous about Bitcoin.

I mean a digital variant of the dollar like Bit Dollar or Kanye Coin or some such shit that is regulated by the Fed and minted out by the Fed and the wallets are owned by the Fed or B.O.E or the ECB or whoever.

US dollar is literally a shitcoin
centralized fiat currency banker dinosaurs will be obliberated by the bitcoinmeteor

They'll adjust and phase out paper currency for full on digital, they're doing it in Sweden, they are doing it here, they are doing it in other places and it will happen in the US, it's just a matter of time.

All fiat is trash but a central bank is hard to destroy when you've built your entire nation around it and it acts as a symbiotic entity to your nation.

Do you think " they" are going to allow a currency where half of it is owned by an anonymous Japanese neet and the CIA?

You are so far up your ass thinking that muh magic internet coins is da bess muneyz on earth.
Most big countries can ban bitcoin via banning or destroying exchanges(it can even be done physically). You do understand that CIA, MI-5, FSB and others have best security workers while having manpower to destroy whole neighborhoods in real life?

fiat doesnt mean paper money
it means "backed by fucking nothing"
it doesnt matter where they put it while its value keeps plummeting
literally shitcoin

Exactly. Don't invest in currency period.

...

So bitcoin?

What's the benefit for a country using a cryptocurrency?

>tfw your currency is so worthless even governments dont see you as a threat
kek

And now you made your currency non-viable. It is too much hassle to own and exchenge for real goods via p2p. Blackmarket would find a better option than bitcoins and other coins. And then the coin worth would be 0$

Better invest in finate resources like gold or platinum.

The trouble is unless you're buying drugs, guns or lolli porn, which you're probably not, it's nothing more than a speculative instrument.

For the most part they are horded not exhanged for value.

Also consider this
China is where the majority of the transactions occur and they are gaming the market.

Also should they wish the banks could out mine everyone.

>It is too much hassle to own and exchenge for real goods via p2p.

It's literally the same process as using a centralized exchange.
Christ you people have no idea what you're talking about.

> what is tor
N-nevermind that goy, just write an entry into an unbounded blockchain ledger everytime you want want to access a domain

Isn't it basically backed by drug trade?

The central banking jews are afraid of currency they can't control

I think you mean silver and gold

The only reason he's saying that is that he and other globalists want their own cryptocurrency.

>backed by the biggest military on earth
The fact that the tech is useful does not make cryptos worth anything.
My usage of open source code does not make the currency based on it increase in price, banks are using the blockchain but not BTC/ETH itself.

that and CP

bitcoins gets its value from being the first and is considered the gold standart
ethereum is where its at

>IT SURE WOULD BE BAD IF THE GOYIM STOPPED USING THE MONEY WE PRINT OUT OF THIN AIR

i guess i better invest in the housing market, eh?

>bitcoins get their value from existing
Lol

It was the gold standard until the fork, now that it's unsuited as a currency the only thing you can do with bitcoin is use it to buy altcoins on an exchange

Yeah yeah, and you are the genious here. Get off your high horse and understand that your bullshit money is dependant on usefull idiots like you.

I got my worth from bitcoin. Bought 200 at start and sold 50 now.

Most people understand that it will completely go away in the next 5-10 years.

>backed by nothing
what is the DOW jones

/OURGUY???

This guy is 100% absolutely the antithesis of everything Sup Forums is about.

don't be a newfag

>>backed by nothing
>what is the DOW jones
What is gold?
What is everything?

China is shutting down all Bitcoin exchanges by the end of September

reuters.com/article/us-china-bitcoin-btcc/bitcoin-exchange-btcchina-says-to-stop-trading-sparking-further-slide-idUSKCN1BP1J8

Backed by the value of the companies they represent.

The only difference is that bitcoin has a finite supply. You can't just make more bitcoins once the network is mined.

>it's so pertinent of an answer to your political silencing
Coinbase literally prevents you from sending money to wallets owned by DailyStormer

well I meant that it only has value because it was the first
and now other altcoins are compared to it

NOOOOOOOOOOOO THE ANTIVIRUS GUY SAID ITS GONNA MOON TO 500K WTFFFFFF
HODDDL YOU FAGGOTS I SPENT ALL MY LIFESAVING ON BITCOIN FUCKKKKKKKKKKKKKKK

Effectively makes no difference though.

Can transactions even be processed after everything is mined?

junkies might bail if some major price fluctuations erase all their profits but pedos will definitely stick around so at least some value is guaranteed

>that flag
Should have done your due diligence you economic illiterate

That still means it's not backed by anything. I can't exchange my bitcoin for anything but their market value.

I should've bought more when it was 400% less earlier this year. fuck. It'll go back up again, even to 10k

They obviously preparing to crash bitcoin with no survivors, thus this rapid growth to blow a bubble.

What's backing bitcoin is the resources required to mine a bitcoin and verify a transaction ,it's the largest and most powerful computing power in the world

Oh boy...

A commie and his money are soon parted

How can I get off my high horse when I'm watching mouthbreathers shittalk a technology they don't even begin to understand? Get educated faggot

Use your own wallet neophyte

>those rickyisms

My theory is that it's going to make one more rally and hit 6k and then crash and die permanently

Yes you pay as mall fractional btc fee to speed and prioritize transactions. That is where money will be made after mining is done. It incentives cooperation among the network. Tho the fee is always optional

So there's no limit on transactions?

I know how Sup Forums feels about bankers, but Jamie Dimon knows his shit. If you've been sitting on your Bitcoins and made a lot of money, good for you, now sell them. Bitcoin is supposed to be a currency, but instead it's being hoarded and speculated upon, driving up it's value way beyond it's value as a currency. Combine that with the fact that it's a shittily designed dated crypto-currency, it's fucking garbage. It's doomed to fail, so better get out now.

>store your wealth on a harddrive that could break at any time
Why don't I just stuff dollars into my mattress?

Do you.... Do you think you literally store your bitcoins on your hard drive and that's it...?
Are you serious?