Why does Sup Forums hate bitcoin?

Why does Sup Forums hate bitcoin?

>no jewish banking system
>free money at forks
>literal new ATH every day past week

Other urls found in this thread:

wired.com/story/i-forgot-my-pin-an-epic-tale-of-losing-dollar30000-in-bitcoin/
reddit.com/r/ObtainFreeBitcoin/comments/79jgyg/best_faucets_list/
youtube.com/watch?v=ON-7v4qnHP8
blockchain.info/address/18uyvJUzrSerhmtVJFTyyK7Ws2h8V2jmzp
blockchain.info/address/1KQSJKohXFwYPaacrp5risRoAR8XS7fVjg
twitter.com/NSFWRedditImage

Because Sup Forums is fascist, and they prefer central banks

Sup Forums is salty they never got into it early so these kind of threads make em mad.

because drugs are for degenerates and satoshi nakamoto are nsa spooks

prove me wrong
>you can't

three fucking bit coin threads
come on
next time this will have to be considered as spam or advertising

if you shills from /biz/ don’t cut it out, i’ll be forced to spank you hard

BECAUSE BITCOIN SEGWIT IS A JEWISH SCAM TO DESTROY BITCOIN BY REMOVING ITS CORE FEATURES

READ THE ORIGINAL BITCOIN WHITEPAPER BY SATOSHI NAKAMOTO

BUY BITCOIN CASH

THE TRUE BITCOIN, AND IS STARTING TO MOON, AND IT WILL BECOME THE NUMBER ONE CRYPTO CURRENCY AGAIN NEXT YEAR.

DONT FALL FOR THE SEGWIT SCAM

We should look up people and companies that support and accept Bitcoins and see how many Jews are involved.

NSA are /ourguys/
prove me wrong

>free money at forks
>he fell for the "free money" scam
FOUND THE RETARD

Tell me, how does one protect their "coins"?

>>no jewish banking system
>>free money at forks
>>literal new ATH every day past week

don't forget

>all transactions stored in a public ledger
>every single transaction can be tracked and accounted for

oh no, the Jews would hate being able to track how you spend your money 100% of the time

>he thinks /biz/ is about bitcoins

You have no idea how many scamcoins there are and how many shills on biz are pushing their own shitty crypto currencies. Bitcoin is the only one of them that will give you a nice profit.

Just stay away from kikecoins and you will be fine.

BITCOIN CASH IS ALSO A FUCKING SCAM

so Sup Forums u wanna earn some coin?

Careful Sup Forums these are Bitcoin shills from BTC-e trollbox. The true Russian Jew mob.

>slow blockchains growth
>literally not knowing that the blockchain is the technology used for crypto currencies and that Bancor uses the exact same technology

What did he/she/it mean by this?

>buttcoin is better than gold and silv-
wired.com/story/i-forgot-my-pin-an-epic-tale-of-losing-dollar30000-in-bitcoin/

[email protected]

I have been giving bitcoin to pol posters in the last two bitcoin threads, I'm done for now but I still answer questions in ^that email.

Please hit me up if you are interested in Bitcoin.

>be me
>it july 31. lets buy some btc
>buys 0.01 btc (about $29)
>it august 1
>get 0.01 bcc
>it october 25
>get 0.01 btg
>be 1 nov
>sell 0.01 btc
>get 0.000739 btc
>sell 0.01 bgt
>get 0.000234 btc
>now have about 0.011 btc

>mfw $29 -> $75

It doesn't buy anything but illegal porn and drugs, both of which most of /pol considers degeneracy.

Gib free bitzcoinz or shut up.

I do like to earn money.

address to the email with post ID

What are you talking about? There are many "normal" online shops that accept bitcoin as payment.

>being in charge of knowing what the hell you are talking about
You had one job.

Because it fails the main objective of monetary policy; to create money in relation to the economy to fund production.

reddit.com/r/ObtainFreeBitcoin/comments/79jgyg/best_faucets_list/

>meanwhile at /biz/

youtube.com/watch?v=ON-7v4qnHP8

sent :^)

How do I build a web application that stores and manages bitcoins? What kind of coin service are people looking for?

why? I will post my adress here.

k fair enough, do it, or post the qr code its even easier for me.

It literally doesn't even exist. It's a short game bubble scheme. Gay and lame. Better off buying mason jars and planting food.

k.

18uyvJUzrSerhmtVJFTyyK7Ws2h8V2jmzp

>18uyvJUzrSerhmtVJFTyyK7Ws2h8V2jmzp
blockchain.info/address/18uyvJUzrSerhmtVJFTyyK7Ws2h8V2jmzp

Sent $7

>to create money in relation to the economy to fund production.
Ok, find a currency that does this without horrible inflation, I'll wait.

You seem like you enjoy being robbed daily.

Holy fuck, thank you!!! This is the first time some one on Sup Forums actually send something for freel.

You are awesome!

Better invest in gold desu

1KQSJKohXFwYPaacrp5risRoAR8XS7fVjg

because i know the jew

i don't know who the fuck is satoshi nakamura

and i dont know anybody in singapore

blockchain.info/address/1KQSJKohXFwYPaacrp5risRoAR8XS7fVjg

Sent.

Anyone below this has to at least email me to have a chance of getting some Bitcoin.

he actually send it :)

>Ok, find a currency that does this without horrible inflation, I'll wait.
>You seem like you enjoy being robbed daily.
The currency doesn't matter, the monetary policy does.
Social credit fulfills the requirement for producing new currency to fund production without inflating the monetary supply.

because it's pointless speculation dick waving that has zero value in the real world and requires absurdly wasteful amounts of electricity and hardware to mine yourself, there's a built in tax on any transfer, and there's zero reason to use it over barter or fiat.

>Social credit fulfills the requirement for producing new currency to fund production without inflating the monetary supply.

The M0 maybe, but not the M1 or M2.

>>This fake money is actually real money, goy hehehe

Btc is the most jewish thing ever.

I dare you to unflag.

sup you insecure cuck

You obviously don't already use bitcoin, would you like to receive your first bitcoin transaction?

The only problem I see with bitcoin is that Google and Facebook have been playing along with it the entire time.

Who do you think they've been datamining for the last decade?

If crypto-currency suddenly said Google and Facebook can't play along, then I'd REALLY invest.

No, because I don't give a shit about speculative digital numbers based on nothing except when they shit up Sup Forums.

HE SENT IT!

THANK YOU!

Seriously who gives a shit? Bitcoin was and still is a once in a lifetime chance to get rich. The generations before us didnt have such an oppurtunity. So why not take a risk?

I got an email from coinbase that says I'm pretty much forced into segwit2 unless I move wallets

Because I'm already rich.

Ok.

Well, just remember when Bitcoin is $1,000,000 each that you could have had 1/1000th of one for free.

can I get a quick rundown on segwit?
All I know is that its a fork and whatever they're doing is gonna make all the miners move to it.

Even if this would be true (it isnt) then why not invest 20k in bitcoins? If you lose it it wont hurt you and when bitcoins hit 100k you will be even richer.

Segwit is already active and working.

The 2MB block 'upgrade' is the contentious part.

[email protected] Email me, I can give a longer explanation.

How can you expect people to not be salty sons of bitches after missing out on 2010 bitcoin?

'no'

how the fuck are you supposed to use it if the power goes out dick hole?

Oh, ok.

>not having a Sup Forumssafe email
>2017
Shiggy

Does anybody here holding bitcoin actually use it to buy things, illegal or otherwise? My biggest hangup with bitcoin is that I can't see it useful as a currency on a macro scale due to its volatility. Why would you buy something today in bitcoin if you can wait a day and get it for cheaper as the price increases?

Conversely, why accept bitcoin unless you're sure the price isn't going to drop. I imagine most people collecting payments in bitcoin for products turn it into fiat relatively quickly. Is it a store of value like gold?

Because Sup Forums is a bunch of contrarians.

I do, I use it almost daily. I used to buy just experimental polypeptides like Bremelanotide, but now I buy games on steam and also I bought a 1lb Neodymium magnet recently from a private seller.

>if the power goes out

i dont live in a shithole where the power goes out you idiot

fix your US infrastructure

That's not what the email says. The email says coinbase is supporting the fork and will be listing the new coin and crediting them to people, your normal btc isn't going anywhere

i go on darknet and get whole foods and outback and shit like that for 70% off

why would the power go out all over the world? if you mean locally it could be used on mobile devices powered by solar chargers.

Aren't you guys concerned at all about spending something that can double in value almost overnight? I can see the benefit of it for things that are illegal since you don't really have any other options, but why go through the hassle for something like groceries or vidya?

Because it ruined biz.

Because I have no money in the bank, and all my money in bitcoin since 2012

because I can get it now, as simple as that. It does pain me a bit, spending bitcoin, knowing it'll be worth exponentially more in the future. Last year I bought a couple ounces of weed off the net at 300$ per ounce, now that's 3k+ Feelsbadman

emp, nukes, solar flare lol you fucking queers and your "coins"

I ruined biz.

>Lives in country the size of a pea, relatively safe from natural disasters
>Tells FUCK HUGE country beset by natural disasters frequently to simply 'fix' it
The world is bigger than your tiny slice

>thinking none of that applies to banks

This was a call for bitcoin to rise, back before people on biz gave a shit about crypto

>natural

US infrastructure is a joke

fucking telegraph poles everywhere

get your cables in the ground

bitcoin is a meme investment for redditors that don't know shit about investing.

look in a mirror

None of those things are actually real, the sun is within the dome, nukes aren't real and emp via nukes is also fake.

These things assign God like powers to the state, but if you look into it you'll find no evidence to suggest any of them can happen.

>All nuclear tests have an equivalent stack of dynamite for yield reference, so two bombs. yet we only ever see 1 mushroom cloud. Where's the other cloud?

Here is my e-mail: [email protected]
1LrVcxMRno1WHKPBoyd2YTMoZy9P5dMDs3

if the power went out all over the world you wouldn't be worrying about how to use your digital currencies.

Congrats man, I assume if you cashed to fiat you'd be a millionaire at this point. Do you have an exit point or do you think it'll end up being the new system rather than a neat investment?

>The M0 maybe, but not the M1 or M2.
Banks loan money borrowed at no interest from the national bank. Those private banks charge interest to cover the cost of vetting loans, to recover defaults and a profit but do not earn interest from the loans made over time because they get it for free, just a simple percent on each loan made. Producers don't have to borrow to fund production but most would because it's cheap. The private banks are on the hook for the full value of the money borrowed from the national bank.

People may store money in banks to ease transactions and to ensure security, but banks are full reserve lenders and banks can not loan deposits. The banks may only loan their own profits, bonds they sell as investment offers, or credit for new production loaned from the central bank.
Each producer may borrow money to cover their cost of production, profit and cost of sales letting market forces set the price.

The only hook is that retailers have set profit amount on items sold by class. They can borrow from bank at no interest from what is equivalent to an overdraft account to buy goods and pay for the cost of sales. As they report sales by paying back their floating loan the bank reports the sales to the national bank. The national bank creates money to be distributed to the retailer in accordance to the agreed percent profit. So retailer make $100 sales on items with a 5% profit they get $5 in profit, the $100 goes to the bank that then returns it to the central bank that removes it.

This is slightly more complicated because of the difference between the consumption and production over time. In short you make more production than you consume so retail goods actually get a negative sales tax paid to the retailer to cover the cost difference. But it's then a case of a sticker price of $75, an actual price of $100, a -25% sales tax and a 5% profit. That is if you produced 25% more goods than were consumed in the last reporting period.

Bitcoin hard forks are the worst thing to happen to cryptocurrency.

America is way too big for that kiddo.

/Biz/ is obsessed with shitcoins and ico scams. They missed the bitcoin cash moon mission because they were holding neo and omg.

You still giving out Bit?
1HvDopeBumJQ521BgkYANpHSodQBVgbtf9

>how the fuck are you supposed to use it if the power goes out dick hole?
Most stores close when the power goes out because they don't do business without the power on. Unless you are talking about some crazy SHTF end of the world nonsense.

>2 shills send each other money to trick idiots into thinking bitcoin is good

This is why no one takes /biz/ seriously

Wait so you really want to help people and not scam them?

Just one little question: Would it be smart to invest 1k now or wait till the next crash happens?

thanks (again).

>[email protected]
you email me.
you too.

Not a millionaire, but more than I ever really expected by a couple orders of magnitude.

>cocaine nigger here

BTC is fine to prove it I ask you for a little donation and I promise I won't buy cocaine with it!
1NP2x2ZgpbjfDkZbij3n3uR4V9LzSN3KjR

Just cashed out. It will drop soon. I'll buy back in next week at 4k.

omg someone sent user 0.001 bitcoin

>Would it be smart to invest 1k now or wait till the next crash happens
There is going to be some shit going down during the hardfork, so it could crash by a huge % on that day.

If I was going to buy it would be then, but you will have to pick a side to support (I think 1x will win for technical and economic reasons) if you don't want to pick, then yes buy now and you will end up with both and you can sell the one you think is failing after the fork.

>puts an email up on Sup Forums
You done fucking up boyo

>You realize /k/ gets their guns and ammo stashes with bitcoins