ITT: We laugh at cryptocurrency faggots who have done nothing but shit up this board with their retarded memedollars...

ITT: We laugh at cryptocurrency faggots who have done nothing but shit up this board with their retarded memedollars for the past two months.

Other urls found in this thread:

youtube.com/watch?v=UG7zLhEWanc
youtu.be/bq-potK_7Ts
youtu.be/RXOg3JgoKrM
youtu.be/H3oiThw2RxE
youtube.com/watch?v=zWsd1WwhhNg
buybitcoinworldwide.com/price/
bitcoinfees.earn.com/
blockchain.info/charts/transaction-fees
twitter.com/NSFWRedditImage

Bitcoin still seems to be doing fine overall. It's still worth a lot more than at the beginning of the month. And A LOT more than the month before that. That's a big dip but it was easy to see coming. Apparently tons of people have been buying high and selling low though so you get pic related.

>Bitcoin still seems to be doing fine overall.
IDK, it seems a bit too volatile

Yeah no shit. But so far you could always buy it and sell it for more later on.
But if you bought it at the peak, I dunno. It might take a while. Bitcoin will probably keep on slowly rising though. Until it gets replaced by something else or extended with something that fixes its problems.
Problem with bitcoin right now is that it's pretty much unusable for small transactions. The fees and delay are way too high.
Most people didn't buy it to use it, because you can't use it. So yeah it reeks of a bubble and the dip was easy to see coming (especially since it was near christmas), but there are other things that fuel it (a lot of it illegal) so it probably won't crash this abruptly.

lmao i remember when that was stickied a couple of years ago

I fucking love watching people 'make a lot of money' only to find they didn't sell at the right time and then go into full damage control

...

"The terrorists only blew off my legs, it's not like I'm dead, and I get get fake legs, so, winning, I guess."

...

>Most people didn't buy it to use it

This is my point, it can't be used as money because of volatility it's purely speculative investment backed by thin air

really gets me fucking diamonds desu

I wish I was wrong about everything. Its going to get so much worse.

Cryptocurrency, generally, destroys the jew, you fucking idiot.
There's a reason why Bitcoin is shit now. (((They))) had to cripple it so that it couldn't replace conventional fiat.
Had the development team not been taken over by Blockstream, you'd have a currency with a transaction fee of only a few cents and a commerce system where your Bitcoin could be openly spent.
Shit on Bitcoin, that's fine. I suspect most people posting here were a part of Blockstream's sock-puppet army in an effort to bolster Bitcoin's price and stop mining power from shifting to Bitcoin Cash (which is Bitcoin as it was originally intended - a scalable, secure p2p currency with cheap and fast transactions).
inb4 "But Bitcoin isn't backed by anything!"
>Neither is conventional fiat.
At least most cryptos have either finite or fixed inflation.

If he got in at 8,300, hes still up almost 100%?
The fuck?

This is how George Soros became a philanthropist

One day he was dieing from stress and thought what a stupid way to die because of making money for the sake of making money, and gave away a couple billions to struggling post soviet shitholes

Roger ver go home

value of the dollar went up, BTC pinned to USDers saw a dip, paniced, sold, times several million. you get what we just had

coincucks btfo!

Gregory Maxwell pls go.

Fake and gay

>at the highest point ever
>better buy in at 40k

retard

You can't see the future, that's the problem

Like now maybe it'll go back again to over 20K after the holidays, but it's possible too that it never will

it'll be at 50,000$ by this time next year. all you need to do is hold it & buy on the dips.

bitcoin owners will never be cucks. it's a smart investment.

If you think coiners are out of the woods look out! This is a bull trap and you'll see 2300 BTC very soon.

>civilization collapses
>coiners and nocoiners BTFO'ED

Life is a special thing, unfortunately you faggots spend it rotting away on a nazi board while people lead better lives than all of you. I hope your vet Grandpas blow a whole in your worthless soymilk skulls.

youtube.com/watch?v=UG7zLhEWanc

You're not even part of it so a collapse wouldn't affect you

>they fought in a war brought on by globalist bankers instead of recognizing it for what is was and overthrowing them
relevant how?

it will affect you if you don't prepare, or just have a loaded .22 with one round

Some of us are normal. & casual browsers here. so fuck you.

maybe it's you who should jump off a bridge edgelord.

youtu.be/bq-potK_7Ts

It's just a thought aussie. Go back to fasturbating your brains out.

>trading play-pretend money with government backing for play-pretend money on a Chinese server

lmao @ these faggots

I held leveraged derivatives that lost 80% in the 2008 crash and were liquidated by the bank, I personally called up the head Jew in charge and called him a coward and loser for liquidating instead of holding

If you can't take 95% losses and sleep like a baby you should NOT be investing and return to wagecuckism fucking LOSERS

it's already coming up. we'll be saying the same shit when it dips next year at 50k

invest 400k in a balanced etf account use 4% rule, never work again if you live within you means? profit

Sick track though

Nice fake image. Can't wait to sip nocoiner tears when Bitcoin rebounds to 20k even after government intervention

hell yeah

December was only a TEMPORARY high, in 2018 it will go higher

BUY THE DIP
U
Y

THE
H
E

DIP
I
P

...

my thoughts exactly. having a quarter of a coin & seeing it go from 20k to 5k is still owning a quarter coin. i'm sure it'll be at 100k in less than 5 years.

H
O
L
D

F
O
R

T
H
E

G
O
L
D

Can't wait to scoop some at the trough of this long dip, 20k was the obvious cieling for this years spike, i'll probably buy back in around march.

Natural selection

I saw the dip today and dropped $1k into it, do you think I fucked up?

...

this is so fuckin fake.

no one invests more than 10% of their net into crypto.

although maybe he's a dumb 56% amerimutt who bought the hype from the news . . .

youtu.be/RXOg3JgoKrM

Only a little bit, hold what you bought no matter what happens, unless you really can't afford to lose that $1k. Chances are you could have bought like 3-4x more in a month or three, but hold it for 5 years and you should be goldie.

what was the cost of coin you locked in when you bought? how much fees? like 12000k?

>be braindead supine lump of protoplasmic shit
>invest real money into pixels that are attached to a pixelpouch that can literally vanish into nothing and be irretrievable
>can't actually buy anything with said "currency" other than refurbished washing machines and video games through Steam
>Steam stops accepting memecoins
>can only buy old refurbished washing machines now
>spam 2 websites where you can buy refurbished washing machines whenever someone points out you can't actually buy a car, house, or woman with pixel "money"
>Joos wave their wand and memecurrency crashes in value
>go into full damage control and denial
>be me
>invest inheritance into property
>tenants pay me money to (((rent))) my property while the property itself rockets in value as housing shortage gets worse and worse
>tfw comfy and smug as a bug

pic related, it's me
le smug meme face . mp4

>EMP attack
>Entire currency vanishes

Agreed.

>tfw bought in at 20k

>buying BTC
>not DOGE
shiggydiggitydoo

youtu.be/H3oiThw2RxE

bait

Wahhh he's busting my bubble of delusion, it must be bait!

anyone who bought post 1000 might be stupid, past 10000 might be legit retarded. if you didnt buy in 2015 when they were 200 or when prior when they where cheaper you shouldnt involve yourself

Potential market cap of bitcoin is 5-7 trillion USD, if you aren't buying the dip RIGHT NOW you are in the process of fucking up

big think right here

faggot. bitcoin is a on a blockchain. it's a public ledger. it can't be targeted like the internet. entire cities could black out & you'd still have it unscathed. it's even safer than big banks like stanley morgan where they have hard drives & digits controlling people's wealth.

Yes goyim, buy bitcoins for your own good, not because the value of mine depends on others falling for the same scam I did.


On a side note, I stand corrected. You can buy more than just old refurbished washing machines with bitcoin:
youtube.com/watch?v=zWsd1WwhhNg

An EMP is an act of war you retard.

>nuclear strike
>entire gold stash obliterated
>hurr durr ron paul btfo

>normies buy in, causing price to skyrocket
>normies have no idea about investing, could cause it to crash in a nanosecond

>literally started with $2.4k
>at $16.1 now
>implying you can't make money of scam coins (memecoins)
>implying bitcoin is going anywhere

still bitter you made poor decisions and lost out?

A minor crash after the largest normie market introduces bitcoin cash and does a super jew insider trading move and crashes the economy of the course of 60 hours.

Bought during the dip and profits are already up 30%

Eat shit nocoiners

I bought 100$ worth of ETH today. Did i do good user?

This is typical volatility for the bitcoin market. You get major spikes and major sags, and sometimes the price changes by 100% and stays there for weeks. Since most of bitcoin's users (not investors) immediately trade it for cash, it doesn't impact them very heavily.

The strengths of bitcoin are:
* No central transaction authority to stop your transactions going through
* Incentive for currency holders to keep the currency valuable. (The richest in bitcoin are miners, who profit more from higher value, and early adopters who can't cash out quickly because of limited trading volume)
* Relative trust in the security of the system.

The weaknesses are:
* Slow transaction speeds (exchanges mitigate this for speculators, but no one else. The combination of small trading market volumes and a typical 6-hour transaction verification makes trading bitcoins outside exchanges a relatively painful process compared to other options)
* Inefficient transaction cost (~$30 of bitcoins is paid to miners for every transaction overall)

Those weaknesses combine to make bitcoin's price highly volatile, since any strong change in interest or favorable outcomes forces a huge portion of the market to trade at once. During periods of confidence this causes a spike, which then falls off and oscillates. During periods of panic this causes a dip, which sometimes doesn't recover for 4 years.
buybitcoinworldwide.com/price/
Check out bitcoin's price between 2014 and the start of 2017 for a great example of how bad market panics can get.

>puts real money into pixel money
>real spend real money on tangible items
>can only spend pixel money on refurbished washing machines and Subway subs
>nocoiners BTFO


Really activates the almonds.

exactly. it's free wealth. anyone hate on 'coincucks' are hating on people with money. in otherwords they're like marxist/socialist/communist faggots/antifa

ME: "Hey I made like 10,000$ from BITCOIN, sure wish I invested more earlier..."

NOCOINER: "EAT THE RICH! YOU'RE BAD!"

Welcome to crypto retard. Its been like that since the beginning

This argument would make more sense if crypto was difficult to liquidate. It's not.

>works for a wage for a currency with no intrinsic value
>laughs at people who are growing their wealth on memecoins
>doesn't understand what scalable variables are

what's it like going o the movies alone?

Tie the rope tight brother, don't want to fail after a lifetime of failures.

have a pending transaction for five days already, low fee(Fee: $ 5.95 - 23.96 sat/WU - 95.85 sat/B - Size: 437 bytes)

what do

Dropped down to $11k today. I'm kicking myself that I missed it.

yes.

it may drop to like $80 max. but in months ...it'll double easily.

Bitcoin is essentially fiat. Fiat has been shown to be a failed experiment. Crypto as well.

>no intrinsic value
do you know what that phrase means, or how U.S. currency works? It's paper money, but its government backed. Are your pixels government backed?

>growing their wealth
It's not wealth if all you can buy with it are subway subs and refurbished cleaning equipment. Show me a real estate agency or car dealer that accepts pixels for real goods.

>scalable variables
Every fucking currency in existence is a fucking scalable variable you troglodyte. Is failing SysDynamics101 a prerequisite to buying pixel money?

Post proof and I'll recant. Otherwise, coiners still are and forever will be the victims of the 2010's era of Pyramid Schemes.

in some time they will make each transaction usage 4 megs which will increase transaction speed. it was at 1 meg, now it's 2 megs.

it's creating a bottleneck.

Wow, is it 2018 already?

Back to /biz/ shitcoiners

it's too small. it takes ages. but it is going...

trading over 50$ ish will be normal speed.

Raise the fee, or keep waiting. In the future, whenever possible perform transactions on other currencies, like ethereum (known for its extremely fast transactions).

You can still hold bitcoin once it gets there.

If you're trying to pay for real-world stuff, though, you're pretty screwed. They give the 15% discount mostly to offset the fees.

Part of the problem is that people are trying really hard to liquidate to not-BTC right now and that causes problems with transaction fees.

bitcoinfees.earn.com/

This website should help if you really want a trade to happen now. It gives you fee rates and their estimated tx time. However, it looks like transactions are really spiking hard right now, so you might want to go higher than those estimates just to be safe.

blockchain.info/charts/transaction-fees

Yes, I agree, but 2 meg is where we are now.

dash is also quick, also verge.

newer coins are literally better than bitcoin---i presume bitcoin will adopt their tech as it's the most popular/owned.

just like walmart or mcdonalds or something, constantly bettering itself like an organism.


i expect to see bitcoin interact in 5 years & bitcoin debit cards

Greedy Jew prolly kept buying more with profits or something.

Nope, this is just like last election. Bitcoin went up 200 percent in 2008 to $1,600 and crashed to $250-350 and stayed there for almost 5 years.

This is the exact same thing. People who bought at 19,000 will never see there money again anytime soon.

Luckily I only invested $100 that I decided not to put on the blackjack table. Gonna try mining and maybe stock market, Trump seems to be making that thrive, or possibly pay more attention to my 401K.

Thanks anons. I'm new to Ethereum, their smart contracts thing looks very interesting tho.
Can't raise the fee because of the settings for my wallet, will wait until it's accepted or canceled lol. Hopefully bitcoin devs increase block sizes. Also liking BCH atm desu.

Those kind of changes are highly controversial, and take time.

As for bitcoin debit, that already exists.

BCH has the same problems as bitcoin on a fundamental level, and is less popular than most of the bigger alts.

>didn't buy btc in 2011
>no use for silk road
>fast forward to 2017
>btc through the roof
>mfw I have no face
>I missed the chance to get in early
>now bubble is popping
>sux to be memecoiners

My asset went up massively in value in a month and then it corrected and went down by less than it went up. Whatever will I do?

>t. Increasingly nervous man sitting on top of worthless bits

>tfw that faggot christ cucks shat up the board for months while i was making millions and fooling around with teens

>tfw I come to drink the tears of the tards who though they were eating my salt when every single move I've made has been calculated

If you join a personality cult you deserve to be manipulated by me then die broke. N0 RAGRETS.

kek, I love to read the rationalisations of coincucks. Always talking about how it's potentially a much better currency but you never use it as such, you treat it like an asset to speculate on.

wew i thought you were baiting before but it's clear to see you actually believe this drivel

>confirmed for 14y/o

>fiat isn't backed by anything

are you a communist? for a person to make a bit of money from coins & go on vacation or pay off a fraction of student loan debt isn't jewish profiteering or greed.

JUST

Can someone apply this post to the stolen bike meme comic?
Made me think of it

Leaf is right
The people who bought the coins this month but didn't sell are surely bleeding.
I bought one of the new ASIC machines for a decent price. Pic related its me.

>bitcoin owners will never be cucks. it's a smart investment.
aksually most coincucks have to lose money for the other coinfags to make a profit

>being a coincuck and not even understanding it's just a zero-sum game of moving money between people