It's not a bubble. It's seriously the greatest transfer of wealth in human history

It's not a bubble. It's seriously the greatest transfer of wealth in human history.

This is really starting to piss me off.. I knew about bitcoin in 2009

I am amazed that the us government hasn’t done anything about it

I was so stupid for not investing when it was so low. should have listened to Sup Forums

I didnt realise that all the worlds criminals would embrace it.

stop being a pussy and buy now then
bitcoin will be 100k in 5 years
jew central kikesters and keynesians on suicide watch

Then get in now!!!!
there is light coin 1 of the BIG 3 coins it almost $100 a pic 10 days ago it was $55. so move your ass u can buy at coin base com

And it will not change a damn thing.
Assholes are still at the top. We'll have different people with the same motives. Go ahead and prove me wrong.

Its not Illegal user you can buy it from a company in the us base coin you just have to pay Taxes on it like you do on stock go check it out google base coin on cnbc news

i really don't care about you dumb fucks anymore i am making money with light coin hand over fist when i cash out i will hire the best public accountant pay my taxes and enjoy my millions see ya dumb ass

Cash out and go where? You will now be one of the rich assholez the sjw commies will.want to hang.
Crypto is only good if you cash out user as possible and then dissapear with your millions.

TOTALLY not a bubble

>greatest transfer of wealth in human history
from who to who?
poor people to other poor people
i doubt that's its rich people losing thier money
it's just a bunch of poorer people feeding other poor people

97% of wallets have less than 1 coin..
LOL

Why should you trust something that isn't an actual currency both in practice and in principle, and something that isn't backed by a military force?

This

Free money man. I've been too beta to take the plunge to invest a couple bucks in btc just to see what happens. Put a hard sell at a certain loss amount.

Now try selling the coins.

Yeah I literally doubled my money with LTC.
>Bought in at 40
>Have 80 now
Never should have spent most of my bitcoin on pizza and assassins creed back in 2010

read about what happen to e-gold and others. bit coin works because of proof of work and p2p. you have to turn off the Internet (or completely kill net neutrality - even then please will use zombie .government .ed computers) to stop it.

blockchain will bring down governments

if not bitcoin something else.

...

that's about the same wealth distribution as fiat money though.

>>>/shill/

It’s a fluke dude. It’s value only comes from it being so volatile. No need to be pissed - just invest in gold. Next GCF its price will triple as per usual. The safest bet you can ever make.

Fuck off with your forced meme shit. There's 30 threads up at any moment on biz about this shit every one of which you get btfo.
I'm cashing out a little more every day just because of you kikes shitting up the boards fuck off you have to go back.

Ok but you still can't sell bitcoin.

ok I've been seeing this stupid bitcoin shit on /pol for awhile.
How rich can you became and in what amount of time?
And where would you go to buy bitcoin?
I'm a literal fucking newb in stocks and investments .

Cuz military would probably tax you, and give it to Lazy niggers. Remember that o ly tax you're paying transfering BTC goes for miners. And its small..

>Perfectly sustainable growth, guys!

Yes you can you kike. Stop making me sell just to prove you guys wrong.

too late to make big money or mine. but if scared of what government will go after theach next crash with quanta time easing - bitcoin is a good alternative to gold -easier to hide.

That's what I said when I bought at 1K, it's still cheap!

Because the real value in a currency isn't in the military force. It's really only the belief that other people have that it's of value.

New paradigm

I was laying in bed trying to sleep and I got this overwhelming urge to invest in bitcoin so I just sunk in my first $250

From unlucky retards to lucky retards?

It is the beanie babies of the 2010’s, nothing more.

> Top 1% of wallets has 89% of the wealth

BUT DECENTRALISING MONEY WILL STOP EVIL CAPITALISTS EXPLOITING ME

So, when are dogecoin blowing up? :)

If you're thinking about investing in bitcoin you're already too late. You'll be risking losing everything for MAYBE doubling what you put in.
You needed to be there when 1BTC was $100, not now when it's 8k.
I cashed out way too early in like 2012 with my wallet and made like a grand, now i don't even know the key for it, probably has like 0.12 in it.

Anyone trying to convince you otherwise is a shill trying to encourage you to invest so their meager share goes up before it all collapses.

It was nearly impossible to withdraw 1k back in 2012 without alerting my local bank or losing all of it, can't imagine how bad it would be now.

>It's not a bubble. It's seriously the greatest transfer of wealth in human history.
It was great. Core/Blockstream have been strangling it since 2014. If they don't get the boot, BCH or something else will take over.

I'm pretty confident it will hit $20k. It's not too late, but it might be soon.

>You needed to be there when 1BTC was $100, not now when it's 8k.
That is what they said in January when I got into cryptos. They said at 1k per BTC, I am mad to put substantial money in it. They said at 10 dollars per ether, I am mad to put money in it, as it will never take off.

Well, here I am, 1 year later and I tell you, I do not regret investing.

>It was nearly impossible to withdraw 1k back in 2012 without alerting my local bank or losing all of it, can't imagine how bad it would be now.
What? I have withdrawn 150,000 euros in January after selling my dead grandma's apartment and transferred it to my bitcoin exchange account in two tranches. Nobody asked me a thing.

best strat right now is diversifying in other coins right now
bitcoin will stabilize at 15 probably and other coins will then start to shoot up
it has already started

LMAO at these crypto noobs who didn't realize this isn't Bitcoin's logo, but Bitcoin Cash's logo.

Also, OP, dunno if you're trolling, baiting, shilling bcash, or just dumb.

A close friend of mine has made nearly a million dollars from trading bitcoin over the last few years from his initial investment of a couple hundred dollars. He's not one of the ones that got that by sheer luck, either. He bought in early, back when people were still extremely (and reasonably) skeptical about Bitcoins. That played a part in making what he had worth enough to do something with, but he has been working the market diligently every hour of every day for years to get as much out of it as he has. Dude just bought a brand new $30,000 car and a house.. and all he does is play video games and trade Bitcoins.

All that being said, clearly he knows more about it than the vast majority of people, even others involved in it.. and he's told me and other personal friends of his that it's not worth investing in anymore. He's confident in the longevity of bitcoin, but he's branching out into other crypto currencies to generate any worthwhile profits. According to him there's potential for more huge gains through bitcoin but it's a more likely losing bet than any time before when people were so certain it was.

I hold Bitcoins, ether, Bitcoin cash and some Litecoin (from a dude who sold me Litecoin in exchange of ether). In my crypto portfolio, it is actually ether which has the largest share (45% of my total portfolio) right now.

Which means if you invest 10k right now, you'll have 20k.

That's hardly worth the risk.

The smartest short termers are the ones who got in at the start of this year. I'm envious of them but they gambled and won.

Getting in at this point is insanity, coinbase was the most downloaded app over the weekend on the appstore. When the plebs come flooding in that's a sure sign it's NOT time to invest.

if the memers are right and it somehow does go to 100k in a year then we'll be in for the biggest shake up in financial history on a worldwide scale.

around 4 million people will become 1%ters overnight.

It COULD happen, but i'd sooner bet my savings on a coinflip

Madoff's Ponzi scored 65 billion.

Nobody will know how much was transferred to the bitcoin Ponzi, becuase anonymity is part of the scam.

Funniest shit at work last week when some faggit in admin starting asking all of us how to get money OUT of bitcoin, becuase all the websites have daily limits on withdrawals.

It isn't a fluke but it will be destroyed

People don't understand that the top 0.001% of the world have destroyed countries through the market

Only a year ago btc was only ~$500. Some user on /biz told people to invest and HODL, he predicted that btc will reach $1000 before 2017 and then go up even further. I thought exactly like you, because btc had only oscillated between 200 and 500 for a couple of years.
You are just trying to rationalize your mistake of cashing our early.
The fact is btc will probably never lose more than 50% of its current value. Because the moment btc loses value everyone jumps in to 'buy the dip' and the rates break new records again. In fact people are waiting to see btc value drop (if only slightly) to jump in. In these circumstances btc will certainly go beyond 10k in 2018. It's not shilling, just facts.
But it's also true that these 1% (or even these few people at the very top) of holders can decide to dump and the whole thing will collapse.
But I don't see that happening anytime soon.

Ok how do you withdraw your cryptocurrency into actual dollars? Anyone can explain pls noob here looking to drop a grand on litecoin

perhaps you could transfer some of that wealth to a poorfag? 19ee3osPZYw5EjNpm9QddWWV4zm1tFasoN

It is funny, especially if by some miracle his coin is withdrawn and the IRL bank is flagged to the huge chunk of untraceable money that just arrived in an account.

If you didn't keep all the documentation of everything you're going to have your account frozen,

sent ;)

how does bitcoin work? what controlls it? can jewish bankers get their hands on it somehow?

I'm confident that at some point the whole economy will collapse as a result of Millenials being unable to pay off their student loans or buy into major industries, combined with technological upheaval from blockchain and driverless cars.

After that comes a currency war between various cryptos and fiat (that might even become a real war if national governments get involved) and the eventual birth of the first post-scarcity economy.

So fucking buckle up.

>cant sell shitcoin in australia

oh well, steroids are basically free in the bubble

It'll hit 50k the same week the stock market corrects
Suggest investing senpai

I'm not rationalising shit, I made a mistake cashing out early, however Even in 2012 I wasn't early enough and if I had stayed and cashed out today my $1000 initial investment would now only be around $27k

26k profit is decent, but not anything incredible especially when I make around 47k a year anyway.

You simply don't understand markets if you think BTC will go beyond double it's current value in the next year.

Clearly you have to open a bank account through a fake corporation based in a tax haven. Just put the withdrawal right on the account and you're done.

Why can't you sell in Australia?
Just pay your tax

I actually have no idea why, seems like its only a coinbase thing. Probably just some jew tactics on their end.

If you have the brainpower and initial capital to do that (simple to do, but so few do it), then you can make much more money through stocks and rea STABLE currency trading.

Bitcoin is literally dog race betting for the internet age.

Pt. 2
The swiss banks are the best ones for doing the trick. Their retail network is pretty large and they usually ask no questions about what you're doing with the account.
Since the credit card would be linked to your untraceable bogus corporation you don't have to worry about getting caught by the taxman.

>What? I have withdrawn 150,000 euros in January after selling my dead grandma's apartment and transferred it to my bitcoin exchange account in two tranches. Nobody asked me a thing.

what a story mark

The REAL next BTC.

transfer of wealth to who? do you even know what youre talking about?

you use one of the many (((((exchanges)))) that aren't backed up by the government and you have no recourse against if they decide to swindle you

it looks like it could break the 10'000$ barrier today, right now it's at 9700$, yesterday we were at 8200$. Even if you think bitcoin will be there forever, you can't tell me the growth right now isn't a bubble.

>forgot pic

A currency gained 500% in one month?

SURELY THIS TREND WILL CONTINUE!
NOT A BUBBLE AT ALL!

>You simply don't understand markets if you think BTC will go beyond double it's current value in the next year.

>thinks btc can't reach 10k and go beyond in 2018
>suffers from delusions, lack of reading comprehension and hallucinations (where did i said 'go beyond double it's current value'??)

No wonder you've sold in 2012, Mr. "I Understand Markets but you don't".

>tfw had a 100 buttcoins back when you could mine 1 in a day and they were worth a few pennies.
>tfw when you watched that guy buy pizza for a ton of buttcoin and laughed
>tfw you dont have that computer and never touched the coins again
>tfw you started to follow buttcoin again at about $30
>franticly dig through storage to find that hard drive
>lost forever
>tfw people legit got rich off of buttcoin

And here I am a wagecuck in japan.

>>thinks btc can't reach 10k and go beyond in 2018

Where did I say that?
my predicted cap is 20k, as I said in my post. Which, if you invested now would be around a double return your investment.

How shit is your reading comprehension?

Will you give me 8 ltc for telling?

>>franticly dig through storage to find that hard drive
>>lost forever

And then you realize that someone could have found it (together with all the passwords 'n shit).
I wonder if technicians in pc repair shops aren't getting rich from stumbling upon an old hdd with btc wallet here and there.

>How shit is your reading comprehension?

How shit is yours if you had to put words in my mouth, Mr. Market Expert, Who Sold His Bitcoins in 2012?
Because i mentioned 'doubling and beyond'. Only about breaking 10k and going up from there in 2018. Which is a very high probability at this point.

Which is a very high probability at this point.
Based on what?

You obviously fancy yourself an expert, so pray tell what makes you think this?

Why am I even arguing with you, I bet you don't even have 1.00

BEGONE PLEB

>You obviously fancy yourself an expert

Oh, but i'm not the one who is telling people
>y-you don't understand markets if you don't subscribe to my Expert Understanding of cryptocurrencies
While simultaneously admitting that you've sold btc in 2012. It's funny as fuck to watch. You're the guy who is pretending to be an expert here, giving people advises on what to do and at the same time rationalizing your mistakes.

if anyone wants to take pity
13ZrkJLJeu21f8NtPBbMGEJLHNkZinDvox

>what are exchanges

REEEE
why does coinbase take so long to unlock my account
fucking shitstains

Advice? I left a few hundred bucks worth and after this post I looked and now its close to 2 grand. Thinking about cashing out, seems kinda bubbly. Any rational thoughts welcome

will that 2 grand improve and help your life in any necessary or truly meaningful way? Do you need it? If yes, cash out and use it. If not, let it ride.

My whole problem with crypto is that people don't actually use it to make purchases. My Ecom site does a few thousand tx's a month, and we offer a blanket 25% discount for using Crypto. We've only had one ETH transaction.
While I'm a firm believer in the fundamentals, this is tulip mania friends.

Thanks man. Just seems like irrational exuberance. I'm not in desperate need, I just remember the Buffet rule, if you don't understand something, don't invest in it.

I see these kinds of investments (stocks too) like gambling. I never use money I cannot afford to lose.

Give it time, it will take off in a few years (unless the movers and shakers will decide to crash it with no survivors). It's not yet a normie thing, because it's relatively complicated for most people, but it will gain more acceptance gradually. More and more service providers are addint btc as a payment method. You can't expect immediate surge of cc payments until every one has a btc wallet in addition to his credit/debit card.
Also some people might be cautious to give out btc if they see that it just jumped x10 in value in one year.

>, but it will gain more acceptance gradually. More and more service providers are adding btc as a payment method

the more people adopt bitcoins the slower the transactions will be. by the year 2020 bitcoin will no longer function.

Jihan pls. Its hilarious to see people cope. We will be seeing this for years possibly decades all the while bitcoin continues to shatter imaginary ceilings.

You'd think you'd use some of your gains + a heavy discount to buy a consumer good, then put the same amount of money back into crypto.
We sell wholesale too. Good customer, BTC miner. I say; "You get 25% off with BTC", he says "I don't spend BTC", paid 25% over with his CC. The only people using crypto seems to be Backpage hookers and drug purchasers online, the rest is all speculation.
BTC is dead. Allowing only the miners to vote in their own interests is creating the bubble and will kill the currency ($13 for a transaction)

You can set your own fee brainlet

>>Perfectly sustainable growth, guys!

If you're ok with waiting 2 weeks for your transaction to clear. What is this, the pony express?

>A currency gained 500% in one month?

He is a genuine retard, but I want to point out that cryptocoins are very shitty in the role of currency. It is a purely speculative commodity for casinos.

What exchange should I use?
I wanna get ARK coins.

I use cryptopackage dot com
anonymous website where you can buy any item from amazon with btc or eth

>(((estimated)))

>tfw working at Walmart
>tfw will never be able to invest in crypto
I've seen enough boom and bust cycles to stick with the sure thing. I wish I were more of a high-stakes gambler.

bls sand coin:

133vqr3J9gZst2yVMQ3qgDTAoZWmn9RUFm

People pay fuckin $4-$14 at atms, when this hits media and thus the walking dead normies. Think in terms of 7-17 years from now, let alone 1