Sup Forums wants you to put everything you own into child porn and drug internet tokens

>Sup Forums wants you to put everything you own into child porn and drug internet tokens
This shits not going to hold its value. For your own sake please stop this.

Other urls found in this thread:

digiconomist.net/bitcoin-energy-consumption
twitter.com/NSFWRedditVideo

How does it go from 1000 to almost 9 in less than a year. Bubble if ive ever seen one

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>Sup Forums

it's a new paradigm, moron
can't you see it?

It is the future of money in some way.

user you can't get around the fact that Crypto-currencies value is entirely down to speculation, paedophiles and drug addicts. That's not a stable formula.

So convenient, this will definitely be useful for anything other than illegal transactions

I hope not, its got deflation built into it.

>It is the future of money in some way.
crypto is but it won't be BTC
BTC is way to slow
It will be something that ((( they ))) control

10揯before Christmas

>credit systems is the future of money
money has been a computerized point-based system for a while now. if anything it's more telling about the nature of modern society when people are willing to seriously invest in something that has 0 accountability. they don't even know who made bitcoin

how the fuck does the arbitrary value of a fake currency make it use more energy
am i a brainlet or does this shit just not make sense

Child porn might be... when you can start your own website with your stash because the far-left inevitably fight for child porn to be legal because it "removes the rights of children", with the help of ancap of course.

The future isn't looking great...

Absolute terms, I'm pretty sure each transaction still consumes a similar amount of energy

(((VICE))) is literally Jewish you retarded baboon

see you at 20k you banker loving cucks

They're reporting one someone else's work

digiconomist.net/bitcoin-energy-consumption

Stay poor you bitter freak

>This is all it takes to trigger Bitcucks
Sorry I don't support your child porn currency

Because a bunch of countries had their economies collapse.

Ours will too, soon.

Don't invest in Bitcoin. I've worked on Wall Street and I know how long it takes to create a new financial product that doesn't inevitably end in disaster. We're talking decades. Bitcoin is new, and so is overwhelmingly likely to end in failure and be replaced with something better, to be repeated at least several times before we have a real investment-grade cryptocurrency product

>Jewstreet

Take my advice or leave it, I literally know about Jewstreet and you don't. Jewstreet knows all about how these things work, removing the Jew won't make your investment product fly

>child porn and drug internet tokens
I spend my money on nothing else, might as well

>It takes decades

Are you fucking CBTS LARP autistic? I work for a bulge bracket and anytime there's even a hint of a potential new money making product it goes immediately to the top.

Do you think Dimon or Blankfiend sit there all day reading market reports?

There's a reason BTC is shit talked by Dimon, pumped by that useless chink on CNBC (fun fact: chink has $0 AUM and a worse track record than Cramer), etc

Other than that, I agree with you. BTC is a huge fraud. Once BTC futures open on the CME mom and pops will all go long on the BTC mania (borrowed against their 401ks ofc) while banks will take the other leg

BTC will probably ride up to 100k before abruptly dropping to $1. If you can't trust a coin platform in their stop execution (LOL), esp if you're leveraged against hard assets, you might as well kill yourself

the security is by people running the blockchain locally and verifying each transaction, this is the security since everyone has to verify every transaction. the more transactions and more coins to verify == more cpu usage, more time to verify the blockchain, which relates to more power being used. that's what mining is.

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When I say "investment", I mean "investment". What is the value of your shitty product going to be 20-30 years from now, once technology has changed, society has changed, and competitors have cannibalized it thoroughly?

It's quite obvious the jews have heavily invested in bitcoin to make an easy buck in the fools who think it is viable.
They are going to crash the value and make away like bandits with the hard earned got shekels.
This is like a virtual reenactment of 1929: wild speculation with no real securities behind it all.

When it's going up in price 1000% a year, who gives a fuck how much it's worth in 20-30 years. Buy some, pull your ROI within 2 months.

Literally the same mentality as in 1929. The majority of bitcoin investors are going to get burned.

It all feels like 1929. Yes, there were many people warning about a bubble in 1929. But the "investors" didn't care about those warnings, they thought "it can only go up up up", the stock market is deflationary they said, the economy is booming, we are going to the stars, they said.

Cryptos might not implode today, tomorrow or next week or even this year or next year, but they will implode. There is no doubt in my mind. Not because they have no value, but because fools money has gone into cryptos, a shitton of fools money.

Well thank God we're not at a point yet where this is the best remaining strategy

If you're a Nazi, you should agree that having smart, ambitious people spend their time chasing bubbles and selling to the next biggest fool is not necessarily their highest use in society

And for mining you are rewarded with BTCs, right? So what happens when the cost of electricity is higher than than the value of the coins produced.

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>Sup Forums wants you to put everything you own into child porn and drug internet tokens

Speaking of...

Why the fuck hasn't tumblr been shot doen?

I was looking for anorexic porn (fuck yo7, its ky thing) and it looked like theres a ton of them with a bit-too-young girls in bikinis. Isn't that secularization of minors and like wildly fucked up?

I thought this when I knew about them in 2011. Could have bought a few hundred of them and been a millionaire today.

FUCK ME Sup Forums FUCK ME

>So what happens when the cost of electricity is higher than than the value of the coins produced.
Impossible, lad! Impossible! You are just not understanding the concept! It's deflationary! It cannot be shut down! It is going to be HUGE! 1 million dollars per bitcoin by 2024!

>Could have bought a few hundred of them and been a millionaire today.

Guess what, everyone could have. I delved into mining and coins as early as November 2010 when the price was like 20 cents. I set up mining etc. Then from 2012-15 I regularly bought coins for transactions.

I could be worth 100 million now if I had just put a few thousand bucks into mining in 2010. But I did not. No one really did. Get over it.

Bitcoin will be worth INFINITY DOLLARS by 2070, at exactly the same moment Breivik goes free and removes all the Class C Cultural Marxists from Swedenistan.

>Get over it.

I have. But threads like this remind me.

>facilitating in the legitimisation of a vehicle used to finance criminality, money laundering and fraud

No thanks MtGox should have taught you goys to avoid it like the plague.

Think about it this way: by not participating you are 100% ensured to not lose any money in the inevitable collapse.

No, a lot of academics and anti-Americans are behind this to undermine the petrodollar. Bret Weinstein (the biologist out of Seattle that had that shit show protest against him) literally admits to being a part of this on Rogan's podcast.