Cryptocurrencies

So are bitcoin and litecoin must have's for evey self-respecting red-pilled faggot on Sup Forums?
I mean banks are shitting themselves and telling the world it's all a bubble that's about to collapse when it's actually the perfect tool to take control back of your own money and have no interference from the finance jews. Take away your money and you take away their power.
What's your take on this? Do cryptocurrencies have the potential to fix our debt-based system that's been poisoning our world economy since the first Rothschild?

Other urls found in this thread:

techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/
dailymail.co.uk/money/investing/article-5258175/Bitcoin-alternatives-Different-cryptocurrencies-offer.html
twitter.com/NSFWRedditGif

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becuase its more secure than dollars and gold

lol. no

yes

its digital - theres nothing secure about that. Especially with quantum computing becoming more prevalent

Because there is increased demand for it on the markets and the supply didn't increase in proportion...

the demand doesn't increase that much overnight

It's no more secure than gold though.
Gold is very secure as a currency because it has a set value that barely changes because there is only so much gold on earth.

Fuck off with your gay fundamentals.
Buy low, make money, sell high, move on to the next thing that will make money.

>jews have infiltrated the world money system
>jews will never be able to infiltrate the fedora money system

Everything jews have done to regular money they could do to nerd """money""" a thousand times as hard. Their only concern will be to not fuck it so hard and fast that they can't keep the scam going.

techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/

You should look it up, quantum computing isn't the magical "break all locks" it's made out to be.

this.

give it time

also applies to dollar.
gold isnt digital but you cant really secure it except with a vault and guns.

im not referring to its exchange value. i literally mean its security as a unit of wealth storage. in any case btc only seems to go up long term.

blockchain is for digital ledger/receipt/contract not as currency pulled out of thin air without real asset backing

>not storing your crypto offline on a paper wallet
M8 you're just asking to get robbed from

>it only seems to go up long term.

t. Pets.com shareholder

if you can call the crash you should be all in already to make a fortune

But the difference is that a bank won't be able to simply print out 100.000 dollars worth of bitcoins with 5% interest out of nothing when you apply for a loan which is what they normally do, which is how debt is created in the first place and part of what got us into the 2008 collapse.

The retards over at the EU printed over 700 billion euro between 2015 and 2016 to try and "stimulate" the economy. It failed hard, causing inflation (durr) instead and if it weren't for the Brexit the value of the Euro would be down by at least 20%.

>vault and guns
yep - thats pretty secure

shitcoin is a scam.
those that bought them at penny value are now cashing out.

not in your country since you dont own them

Ahh, cryptocurrencies. Worthless pieces of data in which they only have "value" because of speculation.

Everyone is saying "BUY BUY BUY," ushering people to make quick money on these coins.

The floor is about to fall under soon. Maybe not this year or the next, but i wager it will crash within 5 to 8 years.

Remember, speculation is when people just invest stuff to make quick money when the media says "BUY." They don't consider the risks.

no, just bitcoin

all others are trash

government can declare crypto criminal anytime regardless if on or offline.

We tried the gold standard, it didn't work. Using imaginary E-Coinz instead of gold isn't going to make it any better.

you can get shotguns here

Ethereum and Monero are great crypto currencies bro

>imaginary e-coins
Maybe you should research the subject a bit more before posting anything else.
You can't print 100,000 bitcoins in 2 seconds like you can with traditional money.

No
This, there are also already post quantum algorithm fixes ready to be applied if quantum computers get closer.

No shit. That's the main argument for the gold standard. And gold has the advantage that its price isn't going to randomly double or halve in a week.

>fiat isnt the same

Down 20k since this morning fuck it stick to fiat.

Dogecoin

>You can't print 100,000 bitcoins
yes you can - they can go back on the 21 million figure (or however much it was). Its not impossible.
Or they can "fork".
Or they can come up with something else.

Also, whos "they"?
"Top BTC programmers who work with Satoshi Nakamoto"
Who TF is that?

Bitcoin is useless as an actual currency due to the ridiculous transaction fees and confirmation time.
If you are using it as an investment, that's smart, but using bitcoin with the intention of "taking back control of your own money" is dumb.

>crypto
>worth anything

Pay taxes on every trade, and pay taxes when you cash out assuming someone will even buy your monopoly money. It's so volatile that more businesses are not accepting bitcoin, /biz/ calls it "investing" when all it is is speculation. Only good thing to come out of bitcoin are /biz/ larpers posting pink wojaks.

>memecoin loses half its value in a month
wow such a great way to invest!

nevermind the fact that if you were to invest in it and managed to buy low, good luck unloading it all when the price is high. how much can you even convert to real world currency at a time?

Whenever the btc price drops we get threads like this. I wonder why

stop playing with pretend money

Invested a little into Ethereum a while back but sold it just before it crashed last year. I'm sticking with putting my money into gold and silver. It's good to have something that is physically limited and which, if you hide it properly, no one knows you have.
Invest in a good accountant and he'll make even FIAT investments worthwhile.

(((Their))) New World Order Illuminati Mark Of The Beast Endgame is a cashless society, remember?

So what would that look like?
It would look like Cryptocurrencies.

/thread

I want it to crash so I can buy it cheap

The blockchain technology behind these cryptos is what has value.

tabloid hot take:
dailymail.co.uk/money/investing/article-5258175/Bitcoin-alternatives-Different-cryptocurrencies-offer.html

Yes. Buy now.
The prices are being manipulated by the big business investors. They are lowering the price so they can accumulate. The entire crypto currency market is about to have it's biggest pump ever. We are in the middle of a dip right now. If you haven't bought yet, now is the time.

I know that it's inflating the prices of GPUs. Seriously I was gonna upgrade to a 1080ti this week but they are all out of stock and prices have gone up 150%.

>who's they
Banks.
>apply for loan of 10.000
>ok sir right away
>boot up program
>click box
>insert "10.000" and client's account number
>hit enter
Bam, you just created 10.000 worth of debt on top of the 5% interest the lender has to pay back. That's how it works.
This isn't nearly as easy to achieve with cryptocurrency since each coin has its own unique algorhithm which takes a lot of processing power to calculate and create.

>btc
fees ruined it
>ltc
founder abandoned ship, 0 ambition, only redeeming quality are low fees

Go on ETH for those sweet smartcontracts. Chainlink too.

>t. nervous faggot who actually put real money into memecoins as an investment

>lectures in reddit spacing
go away, boomer

yes - they're going to crash the USD to get eveyone on the cryptos.

Thats the new world order cashless society endgame

Every heard of online banking and credit cards, shitlord? It's ALL digital.

its fiat - which ist good either

wow - good job

>I believe the entire world banking system will collapse, therefore I will dump all my wealth into a system that will collapse if one guy gets bored with it.

If the entire world financial system collapses, that's kinda gonna fuck the internet too, no?

I used to think those stories on /biz/ about people losing friends for announcing that they got crypto rich was larping, but browsing this place makes me think it's completely true.
Nocoiners are so salty that they missed an opportunity to get rich that they legitimately hate people who did. They hate us, hate our investment (as if it's something sentient) and browse news sites daily subconsciously hoping to see another "hurr crypto crashed" article. They stake their mental health into us getting bankrupt.

People are petty as fuck.

Only they've been crashing currencies and economies long before bitcoin existed. I think bitcoin is more of threat than an asset to large banks since it's harder to control.

This is why I hate my countrymen. Joe dumbface hears something on the news and wants to jump on the band wagon.

Understand this, the orginal concept of cryptocurrency is dead. Big companies, financial institutions and the government are now all in on cryptocurrencies. The orginal idea was to have it in the hands of the people and not big business.

Crypto has lost it's true purpose and the government is not regulating it.

> Any dutch person that has crypto need to hand over their ID and crypto details to a centraisled DB
> The dutch tax man is enforcing a law as of july 1st that you have to pay a flat 50% tax on cryptocurrencies.

I don't understand how that happened. Can you give me a quick rundown on this happened again?

Online money might be just a phase, but smart contracts are not.

Just gonna leave this here

>People are petty as fuck.
Greed makes people into beast.

It's ok until they start going after money laundering and terrorist funding and then they find you own bitcoins that were involved in nefarious dealings and then your assets are siezed and you are implicated.

The big guys aren't just going to give up power. I like the block chain concept and have some Crypto but don't kid yourself. Be aware of the risk and don't use Twitter, Facebook or Google

People wouldn't hate you if you "invested" in pokemon cards or beanie babies or whatever and got rich. However they definitely *would* hate you if you took that opportunity to march around lecturing the world about how we're going to all be paying our bills with rare pikachus in 10 years.

this.
2018 - this year shit meets fan

Lol, font page of the news is a story showing comp.sci. guys prove entire market manipulated by 1 person.

You all got bamboozled, fucking tards.

Yeah. All Crypto did was make some drug dealers and pedos billionaires

link?

Hey gramps, people ALREADY pay their bills with crypto. It's not preaching, it's the reality right in front of you.

techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/

>this just in bots fuck with markets on crypto exchanges

welcome to 2014

>been waiting 9 years to post that

I actually want to know what forum post you saw that on so I can go laugh at them.

Look at the time of the screenshot, literally just googled it now

thanks

LOL

I looked it up once on a site one of you idiots linked me and the only businesses in my city that take bitcoin are 6 asian restaurants (all owned by the same guy) and a roofing company. Can't wait to switch to that system!

They’re entirely too volition at the moment to be sound investments, only get into them if you can afford to lose money because it’s a distinct possibility.

You don't "just google" an article from 1988.

*Volitile

Fucking autocorrect

I love how all the comments are saying "banks manipulate prices all the time it's fine", yeah not by over 600% in a few months they don't.
The smart money has been and gone, the market is only being buoyed up by cheap Chinese coins and the stupid money.

>fedora money system

no wonder asians are ahead despite being a minority

its a well known magazine cover

Buy and use monero anons. Tis only a matter of before THE KING takes over

Bits must be mined from the hard, unyielding rock of cryptography.

High end GPUs are the pickaxes.

Spoken like a true degenerate.

...

>timestamp filename

Ah, so you've only been saving it for 6 months, not 9 years. My bad.

Maybe if you post it enough times you can turn your dream into a reality by year's end!

>invest $45 in LTC
>know it may be a loss
>worth $30 now
>lost $15 in 6 days
>was going to use it to invest in RPX
>all exchanges are either not processing new memberships or it will be too long until they do
>won't be able to hop on RPX while it's cheap to get massive gains later
>bored with crypto already

Ah well.

>won't be able to hop on RPX while it's cheap
You missed that boat when it was under $0.10

monero, sure

mETH, not so much.

Not really, Bitcoin, Bitcoin Cash, Litecoin, and Monero are all still near the top

Fuck cryptoniggers. Nobody can build a PC right now because these miner faggots literally wasting electricity fucking inflated PC parts by like 50% or more

Oh no, I've disrupted your ability to play your video games. I'm so sorry.

It wouldn't be a concern for you if you weren't a gamernigger.

I'm sorry you're unable to have fun while you waste electricity.

>Crypto
>controlling your own money

How big of an idiot are you? If you want true ownership over your own properties you should move into the wilderniss and build your own shed.

Not a waste if I'm making money, is it

Any dumb fuck who still cant see its a bubble deserves to lose every penny they have