Why do you think theyre crashing the price, cant have competition in fucking scams

Why do you think theyre crashing the price, cant have competition in fucking scams
Everyone is walking out with the play money and leaving the libertarian future to those who wished it.

>"The crypto market could be worth $20 trillion by 2020"
thats not even possible. M0 isnt even 20 tril. it takes money to buy bitcoins. if people cant pay for them their price wont keep going up. $18k per was asking to much and they couldnt move them. if you cant move them then people cant really sell them and wont get their alleged wealth per unit can they

the market correction happened before any mass exodus because nobody could get $18k for them

He's referring to the crypto market as a whole. It nearly reached $1 trillion at its peak a month ago. And meaursing the potential growth of markets using M0 (physical bills in circulation) is pants on head retarded.

Crypto is a global market. In which institutions are starting to make their entry.

His point is its true monopoly funny money.
USD at least has an army to break you.
What stops my Grox again or the whole Tether disaster again?

Makes me wonder if the price was somehow artificially dropped so banks could get in on it cheaper.

>Prepare for the Jew to enter crypto
where in the everloving fuck have you been

>Prepare for the Jew to enter crypto, because they missed the boat the first time.
You're fucking deluded. There are a massive amount of Kikes already deeply involved in Crypto.

Nah, think this.
You have a compact flash card in 2010
It has your wallet with 300 .50 usd coins on it.
You put in 150 usd
You cash out now through bitname.
Each coin at peak was 25k usd
Where does the 24999.5 usd per coin come from to cash out into private Jewserve notes come from?

the guy to who you sell ti on the exchange

idiot

At which point the price drops because its only exchanged as people deem it worthy
There is no inherent worth like copper.

Jews tried to shake us out of the market. I hope none of you seriously sold at the dip

So what's your thought on tether being used not cash?

>European banks too to hold positions in Bitcoin

Implying big (((banks))) haven't been pump and dumping this shit already creating the volatility we have seen?

You morons need to read some fucking history and learn how the (((Rothschilds))) used their (((banks))) to swindle America out of all its gold.

At least with gold, if you were smart enough to hide it from government confiscation you still had a store of value in your hands.

have faith in the math, buy the dip.

>Prepare for the Jew to enter crypto, because they missed the boat the first time.

>implying

I lost $10k on crypto

That may seem like small money for western people here but for me it was almost everything I earned in 2017 from my work


I just died inside and stopped caring about anything

Never spend what you cant lose.
Always ask why someone wants your cash for their goods.
And don't feel bad, I'm at 12k on /mlp/ porn since October.

I got vore, diaper, scat, watersports, bondage, and twincest

the jew was in crypto since 2010, the most cerent crypto rush hit israel like a year before the goy world .

Because you were panic selling during the dip weren't you? It's always bad idea, better to hold and see what will time bring in 2-3 years from now. If you are in for a quick gain, sell quick as soon as you make some profit. If you are not directly for a quick gain, never panic sell.

>M0 isnt even 20 tril. it takes money to buy bitcoins.
That's not how it works dude. The total valuation of all the assets in the world greatly exceeds the available cash. There's more stocks and bonds and real estate than cash. Shit there's probably more vehicles value in the world than cash.
Also, there are lots of cryptos like Waltoncoin that have real utility for industry and aren't just a payment device.
And yeah, if cryptos are a better machine for running an economy on than fiat, then in the end yeah it makes sense that fiat wouldn't be valuable enough to buy it. People are going to eventually have to sell land and cars and shit for crypto because they don't have enough fiat to afford crypto.

>USD at least has an army to break you.
Yeah and even so you have cartels and countries like North Korea industrial counterfeiting USD. You've got cartels laundering billions in mainstream, government-backed banks. Bank heists. All sorts of tax evasion and slush funds and dirty deals.
In Ethereum there was a big hack on the DAO that stole so much ether they just forked the project to back before the hack and left the hackers behind on a worthless chain. You can also track stolen coins and set up services that notify accounts that counterparties are attempting to pay with stolen coins. These services can likewise track and broadcast accounts who accept stolen coins, creating social pressure to lock thieves out of the legitimate economy, discouraging future thieves from acting.

>twincest
literally nothing wrong with fucking two sisters. It would be gay if you wouldn't like to put your dick inside their pussies, pic very related.
I don't know if they are actually sisters but fml I want a threesome with 2 girls looking the same

>USD at least has an army to break you.

when will this meme die

>At which point the price drops because its only exchanged as people deem it worthy
No, dude. In every exchange there is a buyer and a seller. Whether the price goes up or down depends on who is in a bigger hurry to complete the exchange, the buyer or the seller.

If the seller has to sell immediately, he goes to an exchange, looks at the market price, and sells his asset at a lower price, because he doesn't want to wait for the current stack of 300k shares, waiting to be sold at that price already, to clear. If the seller has plenty of time to spare, he'll put it up on the market for a higher price, usually.
If a lot of buyers want to buy immediately, maybe because they think the price will go up or they need to use the crypto to buy an ico or some drugs or launder money, then they buy up whatever is for sell cheapest, and once that is all gone then all that is left is what is for sell for higher prices, and the price rises each time the stock is cleared out.

To be clear here if you've never been on an exchange there's always an order book, right so there are always multiple buyers and sellers listing the different prices they are willing to accept. And if you're a buyer you just take the lowest seller, and sellers take the highest buyer. So someone could buy/sell a bit coin for 25k and make the price rise. It just depends whether there's more pressure on the buy side than the sell side.

>I hope none of you seriously sold at the dip
no like anyone here has an bitcoins. maybe .001
but the majority of people here are LARPS
only .01% of wallet have 1 btc or more

15 btc holder lurking here

...

LARP

>“We owe it to this new generation to respect their enthusiasm for speculating on beanie babies, with a thoughtful and balanced response, and not a dismissive one,

you realize /biz/ is a thing right? Sup Forums was way early on crypto.

99% of those people lost their wallets or got hacked and keys stolen.

/biz/ is a bunch of BTC LARPERS

Decentralized exchanges that allow you to hold your own funds at home and trade P2P as it was always intended. Think BitTorrent for crypto.

One DEX I use is called BarterDEX from Komodo Platform (KMD)

That's the worst pie chart I have ever seen.

i didn't make it but here make your own pie check

Dude I don't think you have the slightest clue how crypto works.

what are you talking about the majority of early adopters had their privates keys stolen (by people hacking their PC ) or scammed from them.
and the rest misplaced their keys.

You're braindead fucking retarded

Oh, New Zeland. I love you guys.

Which of course is why the Eth block for buys fell back, and people are getting tether not cash, and the exchanges run off with cash.

Show me 2 seperate people who made more than 500k usd during the December rally and have true cash that they are paying Taxes to Trump on.
Good enough for Sodom, good enough for me.

You missed the my little pony porn part.
Its also fraternal twins fucking each other.

i'd rather buy LAND

Crypto is to money what masturbation is to sex.

WASTE OF RESOURCES

What do you faggots not understand? This computing power and energy could have gone towards cancer research, but instead was wasted on a fake currency with ZERO intrinsic value. At least gold can be use in manufacturing and for jewelry.

Fuck you are really, really stupid.

Crypto has no real value. It is all intrinsic. If you do not understand the difference please look the terms up. Crypto has the same worth as an amazon gift card or a subway sandwich given that is all you can buy with them. Sure, you sell and trade them and can make money off of the intrensic value but until you can pay your bills, buy groceries and really use crypto for day to day purchuses like money they will always have nothing more then intrensic value. If it is not adopted soon then it will fail.

tl;dr: POP SOON

(heiled)
>You missed the my little pony porn part.
stop watching porn, go back for a while with pictures.

>Its also fraternal twins fucking each other.
still want to fuck 2 sisters and i dont know why. We have a problem

>I'm braindead fucking retarded
I know you are but what am I
I know you are but what am I
I know you are but what am I
I know you are but what am I
I know you are but what am I

braindead fucking retarded

>meanwhile my 38 gpu rig is thundering in my guest room

Wow. Could you be dumber nig

I got into bitcoin in 2011
I misplaced my Keys

Who is paying for that energy usuage?

... To buy more. They have and now all the good press is coming back. Get ready for another bull run.

>time in market>timing in market
time in market>timing in market
>time in market>timing in market
time in market>timing in market
>time in market>timing in market
time in market>timing in market

idiot

Me and the tax payers (electricity is subsidized here up north)

>braindead fucking retarded
I know you are but what am I
I know you are but what am I
I know you are but what am I
I know you are but what am I
I know you are but what am I

>I got into bitcoin in 2011
>I misplaced my Keys
yep.
like I said the majority of early adopters did the same thing.
anyone who has been around bitcoin knows this much.
let along all the scams and hacks to steal keys
how many people got mt.gox'd
or BTCE'D