Have you started to invest in cryptocurrency?

If you bought 100 bitcoins in 2011, youd be close to being a millionaire. Plus it's still climbing. If you're white, you should be investing

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Waiting until the big finance players pump and dump first, then i'll look into their 2.0 implementation and decide if i want to get in after they finish several rounds of private mining

>buying bitcoins

how to get scammed 101

/biz/ is full of cringy 16 year olds who think that it's super fucking cool to invest in some crypto-coin. It is full of people shilling some dumb new currency.

that's what I've been thinking of myself. I had a couple full coins years ago and then sold them like a retard thinking it was at peak last year. It's too high to buy now with how shaky shit is

no it's a scam

I bought 20 in 2012

Isn't bitcoin a bubble? !!!

Please stop this, we dont need any more pol niggers shitting up biz. Its painful enough already

fuck you

S H I T C O I N S

everything is a bubble m8

just bought my first chunks of BTC, ETH, and LTC last night, mostly looking to hold it

Why would I buy into that pump and dump scheme? It's value comes from speculation that it will rise higher, not because of it's uses or an increase in adoption.

Everything is a bubble moran

Just throw some money at any shitcoin and wait a week for easy money, how is that not "super fucking cool"?

C H A I N L I N K

>It's value comes from speculation that it will rise higher
Just like gold, silver, etc precious metals, stocks, and various other investables. hmm weird...

the whole point of BTC is that it's supposed to be a very liquid frictionless medium of exchange not some retarded investment vehicle for millennial idiots

Why would anyone invest in it? Why would businesses take it?

What can it do that cash, credit cards, or PayPal can't?

I did some mining in a pool back in like 2012 out of curiousity. Didn't really have any interest in it until recently. I got my account and sent the coins back (like, a pretty small amount, around 40$, still pretty good for literally doing nothing).

I've been loosely playing with it on Bitterex in the last month. Increased 10% or so.

I don't see bitcoin as an alternative, but, it's a nice fad and if people are ready to pay for it, I don't mind making more and selling it later.

Just fucking get out of here you fucking shill. I'm not getting into kike organizations that involve pedos and terrorists. Good luck when legislations put all of you child diddlers to jail.

who the fuck does not invest in crypto?

Gold has a history of being used as a currency and is coveted around the world as a precious metal. Bitcoin is just a string of numbers that is said to have value by a bunch of scammers and autists. It's value increasing as much as it has is indicative of manipulation. It was sub $300 at one point last year, now it's about $3000.

GET OUT
GET FUCK OFF MY BOARD YOU FUCKING UNDERAGE NORMIE REEEEEEEEEEEEEEEEEEEEEEE
GET OUT GET OUT GET OUT
Also this.

stay the fuck out of my digital money we already have the claim that North Korea makes money off of us, I don't need you alt right cucks shitting up my gains

>third world country
>crypto
Like poetry

>now it's about $3000
Someone didn't bother to look up the price before posting.

It's closer to $4,400, but that's still autistic when you consider that businesses don't care about it.

Jesus Christ go scam your own board. Don't fucking bring degenerate gambling to pol. FUCK OFF

>gold is speculative.

Are you retarded or what

the guys in that thread are based i had no idead /biz/ was so redpilled

youtube.com/watch?v=XbZ8zDpX2Mg

the reason that gold emerges as money across all cultures independently is because of its properties

There will be a cryptocurrency that will have all of the properties of gold and more.

That may not be bitcoin, but there has never been and never will be an opportunity like this again

Is Marutei Tsurunen mentioned?

> Tsurunen served as a representative of the Democrats in the House of Lords of Japan in 2002-2013 as her first Western-born member.

It's a hell of a hell of a thing when you think about how dubious Japanese are foreigners. Sure Finland is a kind of exception, the older population knows and values Mannerheim and the Finns.

Apparently, he is a conservative politician and so do you like it?

shitcoin is a perfect argument for central banks. Hoarding has raised it's value so obscenely that the coin has no functional purpose and is completely out of wack with everyday purchases. The only money being generated is that fleeced off of suckers who buy in.

Explain why something can jump up in price from sub $300 to $4300 in less than a year.

>That may not be bitcoin, but there has never been and never will be an opportunity like this again
...to buy shit for weebs?

I was asking him to fuck off to his shithole, friend. Now I think you should gas yourself, my dude.

>"GOYS! (((THEY))) WANT TO TAKE OUR PHYSICAL MONEY AND REPLACE IT WITH ELECTRONIC MONEY SO THEY CAN CONTROL US FURTHER!"
>"GOYS! BUY (((CRYPTO))) BECAUSE ELECTRONIC MONEY TAKES POWER OUT OF THEIR HANDS! THEY CAN'T AFFECT THE MARKET AT ALL!"

Yeah, okay.

Thanks

>shitcoin is a perfect argument for central banks. Hoarding has raised it's value so obscenely that the coin has no functional purpose and is completely out of wack with everyday purchases.
That's what the coiners don't get. If businesses took my deflationary funny money, I wouldn't spend it anyway because it is going to increase in value.

>.

>That may not be bitcoin, but there has never been and never will be an opportunity like this again

So you want people to buy into an intangible commodity that very little people understand on the basis that it keeps rising in value?

>GET OUT NOW.

Cryptocurrncies are a scam developed by the NSA to trick you stupid goys. The bankers are laughing their asses off at all you stupid bitcoin niggers. Bitcoin cannot ever be a replacement for the current fiat system. wastes to much energy to maintain. Cannot scale and it's calue relies solely on people trust. It is nothing but a prototype for the fedcoin which will be used to enslave humanity in a cashless society.

I hope you niggers aren't seriously getting into bitcoin now. if so I swear you are stupidier than a fucking 60 IQ Ethiopian nigger and should kill yourself right now.

if you're not being ironic i suggest doing some basic research

you carrying a lot of physical cash these days, user?

If he did, he's find that most of the exchanges are insolvent.

I thought the Chinese are the ones that are all in on it. They manipulated the price for a long time or something, but I don't know anything about it. Seems absolutely pointless to invest in at these pricing levels as a normie

if you didn't get on the bitcoin train when it left the station then that ship has sailed
t. looking for the next bus

1/4

>You basic research

youtube.com/watch?v=M1Dfa-g0DPY

2/4

There's always dogecoin.. there will probably be 1000 different coins made in the future. Seems retarded to even bother, but fuckers that got in early have made out

3/4

>Invest in crypto-currency

Sorry user, I don't have 18,000 dollars to buy a Bitcoin.

4/4

if you gamble safe you can get huge profit all the time,
pic related i went from $2 to $20 in a few months just by doing it safe.

Poor teacher here

I will never invest in bitcoins

You are basically LARPing as Jews.

Yes, I've made about 18k from a 4k investment. Started in April, def made some mistakes but I got antshares before it turned into neo :D

they sell it in parcels now.

Can someone explain to me why internet tokens have any value at all?

I don't care what people do, but the reason I bought bitcoin and other crypto currency is because it has the chance to make gold and fiat obsolete.

It's a speculative instrument, but it has no widespread acceptance as a currency.

Yes the chinese are looking to build their own cryptocurrency and is working with the BIS to be apart of the SDR based token that'll be released next year signifying the end of the dollar. as the world's reserve currency.

I do believe blockchain technology can be a great boon to humanity but you should be weary of investing in any cryptocurrency as almost all of them are garbage and won't be worth shit when confidence dies

>the reason I bought bitcoin and other crypto currency is because it has the chance to make gold and fiat obsolete.
Why would it make fiat obsolete? Regular currency is backed by the industrial and political might of nation-states.

Already sold out you fucking nigger. Good luck holding the hot potato when it blows. Don't say I didn't warn you.

>Falling for the the japanese pyramid scheme that was really started by jews.

Buy gold you stupid faggot.

I bought 300 bitcoins when they were $.33 each, but like most other people who were early adopters, sold at about ~$40. Don't regret it at all, put me through college and got me a car, and I won't ever, ever buy back into crypto.

gold is the best form of money because it is the most anti entropic material in the universe, this means all other forms of storing excess labour are inferior. For the first time ever there is a technology that has the potential to not only be the equal of gold but far exceed it.

crypto currency is the singularity, it is the philosophers stone, the world will be divided before and after the successful cryptocurrency but who knows which one it will be.

Gold us too slow. I made 10k this year on bitcoin and ether

it would make fiat obsolete because financial repression is not possible through a decentralised crypto currency. Look at Venezuela and Zimbabwe where bitcoin trades at an 80% premium because it such a superior money than fiat

You're going to lose it when the next pump and dump happens.

thats all it is. pump and dump scam.

>Look at Venezuela and Zimbabwe where bitcoin trades at an 80% premium because it such a superior money than fiat
It works in socialist hellholes that have hyperinflation?

Serious hyperinflation hasn't occurred in the West since Weimar Germany.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

hyperinflation is just inflation that happens quickly, there are european countries that underwent austerity post 2008.
in 1913 one us dollar was pegged to 1500mg of gold through a series of new international monetary agreements and keynesian economics over the past centruy today the dollar buys about 25mg. This means the us federal reserve will not be able to print their way out of the next crisis without foreign countries dumping their us bonds and notes hyperinflating the us dollar. This process has already begun with china offering a yuan backed by gold and oil (april 29th 2016) and more countries and more countries starting to sell oil in yuan.

central banks have admitted to buying equity since 2012, the bond yield curve is nearly as flat as it was before 2008, we have the highest capital outlfows from stock markets since 2004, there is strong evidence that precious metal prices are being manipulated

In order to preserve your wealth you should buy precious metals and crypto-currency. the ratio of which tends to depend on your ability to understand cryptocurrency as this determines your perception of risk. you think crypto is a nonsense scam, good for you but don't be the guy holding us dollars in the next 2 years

x3'ed my money in a month with this crypto shit. easiest money of my life

you could have spent all those years in a dark room posting here and emerged a multimillionaire but you bought a shitty car that isnt worth anything now and a jew paper

>Your gonna lose when they dump
What's holding?

Cryptocurrency is literally free money.

Avoid Bitcoin look at some of the alternatives like etherium Quantum or dash>

The most important things to look for in a cryptocurrency are Scalability. Usability and how it's made. Avoid cryptocurrencies that waste unnecessary amounts of energy mining. Look for cryptocurrencies that are scaleable and that can serve a purpose. Make a broad portfolio don't put all your money in one cryptocurrency.

Also BUY Precious metals Especially silver.

Crypto will be the future of currency.
That said, if Segwit2X doesn't come to pass and (((Core))) remain in control, I have my doubts that it'll be Bitcoin.
They're actively sabotaging its utility by keeping it's transaction throughput small. Even if Lightning Network comes along (at the moment, it's still vaporware that has to "gossip" to every other lightning node), 1MB will not be enough to handle a user-base of 250 million people as you still need to transfer on/off it via the mainchain.

I'll stick with living by the sweat of my brow, thanks for the advice anyway, cheaters, gamblers and jews

Feels good to know I'm so much richer than all of the literal retards on Sup Forums. Think of me the next time you count your gold brick.

Ponzi scheme front for the new world order

But....these things must come to pass.

>lost 50 btc during Mt. Gox disaster
>I am a poorfag NEET
>mfw realizing I could have been sitting on a quarter million dollars right now
i think about suicide every day now

kek, enjoy your ponzi scam retards.

the us dollar?

This AF
Bitcoin is just a gigantic ponzi scheme.
Worthless numbers on a screen backed by nothing.
Only a weak sackless goyim would fall for this trickery

>Oy vey! Good goyim don't fall for that Ponzi scheme, give our nanks money instead goye!

its comments like these that make you realise it's still early days

I invested in ELIX. Bought it at 0.015$, sold at 0,4$.
I regret I haven't bought 1000 of them. Now I wait for the dip.
Cucked for (((centralized banking)))
>wasting so much resources for maintaining
Where does your master Steinberg get his gold? Out of thin air?
Fuck off literal brainlet.
Should have kept some but okay. Glad you made it user

Who owns the banks and fiat money? The jews
Who's trying to shut down bitcoin?
The bankers
Who are you currently paying to hold your money?
The jewish bankers

>"hey goy you should buy bitcoin it is literally free money!"
>????
>buy bitcoin
>how do i make money lol
>JUST GOTTA SELL IT GOY, HAHA NOW ITS YOUR PROBLEM THANKS FOR THE FREE MONEY

>If you bought 100 bitcoins in 2011, youd be close to being a millionaire.
If you horde it than it won't be used and therefore won't have any value.

That's what you'd hope for, in a way... normies are catching on though so there's less time to invest in it but it means prices will sky rocket sooner

You realise more and more stores and governments around the world are now accepting bitcoin right?

I agree with you on (((centralized banking))) but aren't they paying you for holding money? I mean you don't get many because of inflation but it's still better than holding it in household.

>buy this electronic currency goy.
>you can't actually cash it out though
>*rub rub*

Nigger iq detected

>keeping money in the bank
Its like you want to be controlled