Was bitcoin a meme all along

I mean don’t get me wrong, the schaudenfraud I’m getting from the crash is amazing but should we have seen this coming the whole time? Are crypto currencies just a phase that will be gone in the next few years?

Other urls found in this thread:

bloomberg.com/news/articles/2018-02-01/bitcoin-extends-record-january-slide-as-concerns-increase
en.wikipedia.org/wiki/History_of_bitcoin
twitter.com/AnonBabble

Nick Fuentes was in a porn?

Doesn’t bmw and all these other companies accept crypto as legit payment? Seems legit to me although I will invest in it because I’m too late

There's some merit to the concept of a universal currency, and sure, anonymity is great, but the idea that it would become this universal and high-demand currency without facing regulation is a joke. There are also things like issues with the blockchain that hinder bitcoin's ability to be used compared to successors, despite its advantage as the first real player in the crypto game.

it does this every time
buy the dip

he's such a lucky fuck
about 19 years old and he's had more 11/10 40 year olds than harvey and roger ailes put together

(((they))) are making it crash.

> crash
The fun hasn't even gotten started yet

t. bought at 19k

>buy the dip
There was a dip in the dip
I was talking about buying just a couple hundred worth of coin but ended up not. Good thing I didn’t

The Block-chain IS the regulation. Federal Reserve hasn’t been externally audited since its inception. A few sketchy Asian wallets are under scrutiny, which has caused the price to drop recently. But Bitcoin is far from dead

you would have to be mentally retarded to think bitcoin had any legs.

A bunch of billionaires used it as a way to quickly inflate their money and then cash out of the economy before everything tanks in a few months.

We 1928, boys.

Nope. Didn’t buy any at all. Even back when i knew about it at 7k I thought it was too late to make any meaningful profit off of it

Nah, blockchain technology will persist long beyond 2018.
The Asian market is apparently afraid of regulations coming down the pike.
This is really a good time to buy. Although I'm waiting for it to dip a bit more.

No it ls trying to 123 bottom on the hourly. Buy in and just forget about it till end of year for easy 13x.
Buy the right shitcoins for 30x. Go all in on CND and be a millionare.

Where are the anons that said to screen cap their predictions that bitcoin would hit 50k lol

And that is nocoiners would cry when we missed out on all that money?

Where’s that one user that was bragging that his bitcoin investments were more than my 401k and stock investments?

They’ve been quiet lately ...

Were back to oct 2017 which is an 8x compared to last year. Theres always a dip start of year. We will go up and sideways for awhile then explode.

>Federal Reserve hasn’t been externally audited since its inception.
It's audited every single day, you fucking moron. It's called
>the bond market

Jesus fucking Christ you people are stupid.

I can't imagine feeling the need to opine on topics I know nothing about.

go look at the marketcap "crash" at the beginning of 2017, and look where it went. This is history repeating itself. If you're not buying now you're asking to miss out...again

Any advice for starting out? I'm thinking about putting some money into etherium or ripple but I'm honestly not even sure where to start.

Treasury sells bonds to the market for fiat. The market holds for returns or sells to the Fed.

This process is how the Fed is audited.

>u-u guys are so stupid

short bitcoin

think long term,
most world powers are printing money like crazy
BTC will always be worth more than fiat

bloomberg.com/news/articles/2018-02-01/bitcoin-extends-record-january-slide-as-concerns-increase

Government isn't happy about being left out of Bitcoin, and investors are well aware that anything Government does to get involved with bitcoin will significantly reduce its value. This is why the falls have been happening in the first place; fear of government regulation.

>how is the yield determined
>how is the price determined
>what is a market and how does it work
Fucking imbecile. Also:

>s-sells f-f-for f-fiat

I am not a fan of ripple. It is a cheap price now, and will probably go up again, but in the long-run I do not think it is a good investment.
The creators are holding 60% of the coins; meaning they could decide to sell all and tank the price. It might be a good way to quickly make some money because it probably will go back to over 1.50.

It depends on what you want to do. Are you looking for a long term investment or more (volatile and risky) gains?

Cats out of the bag with crypto. Even if it completly shits itself it won't go away entirely. Though don't expect to get rich anytime soon. Also read up on the crypto taxes which are like 50%.

>paying taxes
Unless you start out from the get go completly under the radar and never buy in or cash out with any method that can trace back to you or your a jobless neet with nothing to lose, sure don't worry. Keep in mind that its all a big gamble.

>Are crypto currencies just a phase that will be gone in the next few years?
Mostly, but a few will remain:
Bitcoin will remain because it's famous, but it will be worth far less than it is now. There will still be people claiming it's a temporary setback and that it could still be a good long term investment!
Dogecoin will still be around because it was never intended to be worth much anyway.
Ethereum will still be around because it's actually slightly useful. But the main use will be Cryptokitties.
Litecoin may still be around, if it's lite enough!

>it will never ever be a stable currency
>transactions take ages

This. Hardly the first massive crash BTC has experienced. If you are too much of a pussy though then don't buy this bottom because you will never make it anyways.

It was being propped up due to a scam that's rapidly unwinding. Look into Tether. It will be back below $1000 before it's over with, but it might legitimately reach $20k some day, so I'd buy then

Long term: hold bitcoin and ethereum. Great time to buy. Hopefully will dip further, if it does I will be scooping up BTC.

Short term: go in via ethereum or litecoin. Bitcoin network transfer fees are ridiculously stupid (supposedly until the Lightning network is released). Example, a few days before Christmas I was stuck with spending $40 in just transfer fees (from exchange to exchange).
Good place to start out is Coinbase. It's noob-friendly.
The rest is up to you. Find a coin with a project that sounds viable. Make sure they have an active development team (check their GitHub). Research them; and.. READ THE WHITEPAPER.
Don't believe ANYTHING that guarantees income like fucking BitConnect or any of those coins that are based on (Jewish) usury (that is, compound interest).
Check their twitter. Read the fee schemas on the markets that you want to purchase your coin at.

Personally, I think the privacy coins are a good investment. That's just me.

And..?
You clearly do not know what you are talking about
>universal currency
it is not
>anonymity
also not true
>also things like issues with the blockchain that hinder bitcoin's ability to be used compared to successors
I am not even going to go through the effort spoon-feeding you on how retarded this statement is.

AAAAAAAAAAAAAAAAAAAAAAAAAAAA

>crash
en.wikipedia.org/wiki/History_of_bitcoin

This is normal and has happened several times before. It's still over 8x what it was at the beginning of 2017.

>short term cont
There are various altcoins that have an enormous gain potential. 50, 100, 1000%.
Do your homework. Don't put any money into anything that you aren't willing to lose.
Start small.

Ethereum will never scale, it is just a cult of personality around the autistic money skeleton and people buying into buzzwords they don't understand. Ripple is a centralized shitcoin that shouldn't even be considered a cryptocurrency, it will probably pump and dump again but not any time soon.

Bitcoin is still up 10x since a year ago. Wtf do you mean "crash"

ROFL
For most of the past decade, world powers have failed to print enough money to compensate for the decline in private borrowing, and the global economy has been underperforming as a result.

Fiat currency has fiat to give it value: the government creates demand for it by requiring you to use it to pay tax.

BTC has nothing to give it value. Limiting supply is not sufficient to create demand!

repeat that to yourself and think about it. Shitcoins are not gonna "EXPLODE".

stay the fuck away from ripple. people are idiots. there are literally over 100billion of them. it would take the worlds total fiat currency to make it be worth $100 a coin. its fools gold

>be me
>call bitcoin retarded at 10 cents
>call bitcoin retarded at 5 dollars
>call bitcoin retarded at 30 dollars
>call bitcoin retarded at 500 dollars
>call bitcoin retarded at 1200 dollars
>call bitcoin retarded at 5000 dollars
>call bitcoin retarded at 10000 dollars
>call bitcoin retarded at 19000 dollars

I maintain I have never once been wrong, I just underestimated the intelligence of my fellow human beings. There is no good reason to ever excuse buying bitcoin, including hoping to scam people out of money. It is horribly volatile Monopoly “money” with no use whatsoever beyond stealing money from people marginally more retarded than yourself.
Grants to everyone who made money buying lottery tickets than didn’t even garuntee a winner; you did win but your choice was still magnitudes more retarded than people who buy lotto tickets.
There is no reason to buy bitcoins other than “I think the price will go up”. Right or wrong, thinking that will happen exposes your profound ignorance about bitcoin.

I brought @$1 and sold @$15,000.

I am now a multi-millionaire with a maths degree, 8 inch cock and a banging 10/10 model wife that cooks and cleans for me. I am literally GOD.

Thanks. I'm just planning to spend a couple hundred dollars on 2 or 3 coins and hold them for a year or so if not longer. I'll make sure to do more research before investing too

Ethereum has become quite stable. If you want major gains, go for Bitcoin while it's low and hold onto it. If you want slower long term gains but more stability, stick with Eth.

>There is no reason to buy bitcoins other than “I think the price will go up”.
There is a reason but you're too thick-headed to get it.

The tether bomb. Tether's a fiat, made-up currency used to buy a lot of bitcoin.

> Tether made 91 separate issuances from April 2017 to January 2018, and collectively, 48.8% of the Bitcoin's rise for the whole year happened during the 2-hour time blocks following those releases.

The price was driven by demand. They knew it would take demand so mostly crypto was propped up by a shill network. You got suckered into buying other peoples crypto that frontloaded then shilled every round.

>no one knows why they buy bitcoin
Neat.

This is honestly how every “bitcoin success” post sounds like
All a bunch of bullshit

@158895533

t. coinlet

Sure thing. Good luck.
I've been bamboozled with a few coins. It was a gamble I was willing to lose on. Still holding them, though. At this point, why not.

Crypto is far more likely to payoff than buying a lotto ticket, even the $50 AUD I thought I lost from my 1st shitcoin turned into $400 USD

Remember that it was at like $1000 less than a year ago. This is more a correction. Call me if it drops down to $20, that's a crash.

The only people losing their shirts are the normies who bought in at $5k+ because they saw a clip about Bitcoin on CNN. I am OK with this.

Hype surpassed the current state of the tech. Promising but needs more time. Pretty much when it is working behind the scenes where majority dont know its working behind the scenes is when I think it will stay up as far as price goes.

who knows, probably a big scheme so china can keep their economy rising by building GPUs endlessly and deep state has their dirty money for drug trafficking and keeping the goyim heroin addictions going in the west. Shit could be like the soy meme all along where "naw its ok" but then its not ok.

Really feel like its a 19th century gold rush but the gold sure as hell aint in the west this time and the participants don't get a shot at some real hard money they can easily cash out with easily and quickly.

Hey retard, hindsight is 20/20. This is the same logic as saying any pyramid scheme is more likely to payoff because you got in second level on one.

There is no reason beyond stupidity and avarice that prices broke, say, 120.the currency has been useles for years and prior to that it was only for drug dealers and hookers (not the smartest people)

>tfw no large breasted mommy

Only idiots didn't see it coming. Read some books on actual investing and do some research. Bull and Bear runs don't last forever, crypto is speculation at best and not investing, if you look at the volatility of any crypto (btc included) you see that it bounces like a fucking yoyo. Combine that with the hassle and taxes upon cashing out and it's plainly not worth the time.

>tfw called out BTC as a Ponzi bubble and now finally get to reap the tears

There are two major reasons people hold onto it:
1. They view it like gold, a safe haven from sinking national currency (i.e. Venezuela)
2. They know it has the potential to become a world currency (or atleast a far more convenient one)

Who?

he's a pornstar generally cast fucking matures. an extremely lucky man if you ask me.

Whats his name?

jordy I think

Pretty sure that is jordi. I can’t stand seeing him on camera, but he is in the more plot-driven scenes (which I like).

Hate him so much. He is the “bull” in many cuckolding scenes. He is stealing work from Danny D, who actually deserves it, for no reason other than being a Manlet

>still up


like the obese cancer patient who says at last I'm losing weight.

I only am curious for the milf shit. I fuck older women and got really lucky with a few that are amazing in looks. One is a woman who's 50 now from Bavaria Germany and former realtor with an insanely great body.