What has been stopping you from reaping the rewards user? Its at $9750 right...

Thomas Stewart
Thomas Stewart

what has been stopping you from reaping the rewards user? Its at $9750 right now and expected to hit $25000 within 5 years

All urls found in this thread:

coinbase.com/join/59c5ac8ff0fca4014074d0de
marketwatch.com/story/why-beanie-babies-make-for-a-better-investment-than-bitcoin-2017-09-05
cointelegraph.com/news/bitcoin-bear-david-merkel-strikes-again-says-beanie-babies-are-better-investment
supforums.com/thread/752182802/miscellaneous
en.m.wikipedia.org/wiki/Faraday_cage
preparednesspro.com/many-myths-emps-and-faraday-cages
healthrangertalk.com/2017-08-31-bitcoin-is-worth-zero-after-an-emp-attack-or-solar-flare-video.html
99bitcoins.com/bitcoinobituaries/
bitnodes.earn.com/nodes/live-map/
youtube.com/watch?v=RN_smIX7zww&list=RDRN_smIX7zww

Lucas Lewis
Lucas Lewis

What exactly can you buy with it other than drugs?

Austin Murphy
Austin Murphy

sell the coins for money

Caleb Johnson
Caleb Johnson

It’s crap. No government will ever accept it. Have fun buying digital shit with it.

Jose Powell
Jose Powell

Which is federally regulated and taxed.

Jaxon Lewis
Jaxon Lewis

Everything, retard

James Watson
James Watson

you can buy things... It's money... It's accepted by my friend Brian and Overstock.com, I think that's about it right now.

Christopher Reyes
Christopher Reyes

Why the fuck would I care if the government accepts it? They're the last people I want to give my money too.

Jayden Brown
Jayden Brown

japan started accepting it last month

newegg accepts it and amazon is probably going to start accepting it soon

so is everything else in this world

Gabriel Sanders
Gabriel Sanders

Because just like what china did, it doesn't take much to destabilize it.

Wyatt Long
Wyatt Long

its gone up around $2000 since then

Noah Williams
Noah Williams

That's the beauty of it though, you can't actually regulate it. You can try to regulate it, but it's anonymous and the internet doesn't care about borders. Good luck!

Dylan Martinez
Dylan Martinez

Stop. Shilling. Retard. Cryptoshite value can change on a rumor my nigger. In five years it'll be worth less than nothing. See? I just dropped your value significantly.

Ryan Nelson
Ryan Nelson

Earned bitcoin as a primary source of income for over a year now, travelled over 9 countries without a bank account. Welcome to the evolution of money faggots

Brandon Morris
Brandon Morris

I want to invest because I can't imagine why it would drop.

Nicholas Johnson
Nicholas Johnson

Do any of you know how to properly rig a race? You get people betting on a winning horse, and you make sure that horse continues to win. When everyone sees the patter and thinks the horse can’t lose, they will bet big or even go all in. THAT is when you have the horse lose and the house makes a fucking fortune. Your bitcoin horse is winning now....

Cooper Carter
Cooper Carter

they tried that, it recovered its losses within days, hours. the confidence is just reassured everytime it dips

Brandon Morales
Brandon Morales

I felt the same way when I saw it at 3k a few months ago and I passed.. then I saw it hit 4k then 5k, then at 6k I finally jumped on..

Lucas Lewis
Lucas Lewis

You know horse racing users perimutal wagering, right? The house gets the same amount no matter which horse wins...

In this case, why would making Bitcoin lose make anybody a fortune?

Ohhhhh, wait, I get it. You're retarded. Sorry.

Jason Hernandez
Jason Hernandez

its kind of hard to rig a horse race that has millions of horses, isnt run by a single house and is worth somewhere in the neighborhood of 160billion dollars

Elijah Perry
Elijah Perry

Fuck this gay thread I hope you niggers lose everything.

Henry Young
Henry Young

you are just mad some of us are making money off this and you are a foreverpoorfag

Benjamin Brown
Benjamin Brown

I was buying these things for 800 a pop just last year and probably spent close to 1.5 coins on drugs. Fuck me am i pissed at myself for spending them. Is it too late to hop bqck on the bitdick?

Nathan Harris
Nathan Harris

Spent 20 bucks on bitcoin in May for the fuck of it and forgot about it. Checked my Coinbase account and it had tripled. Free money is tight

Leo Brooks
Leo Brooks

probably not, its gonna see 10k in a few days and then probably waver for a few more days.. 15k by mid next year so easy money

Zachary Thomas
Zachary Thomas

Every dollar you spent on anything could have been used to buy Bitcoin. Spending bitcoin is no different than not buying it. It feels different, but it's not.

Charles Hall
Charles Hall

I don't think it's possible to get another free lunch from bitcoin. Man I wish I could've hopped on when it was getting started, I could be retired by now.

Parker Johnson
Parker Johnson

How do you start?

Liam King
Liam King

gonna go higher still

easiest beginner way is to go to coinbase or one of the other exchanges, I like gdax

Robert Butler
Robert Butler

expected
By shills.
what has been stopping you from reaping the rewards user?
It's nothing but speculation.

Go back to /biz/

Parker Cooper
Parker Cooper

Thanks man, I'll check it out

Cameron Lee
Cameron Lee

right now seems like a really good time to buy its dipping

Charles Long
Charles Long

This is a good question.

Grayson Gomez
Grayson Gomez

How do you buy Bitcoin? And what's the process of selling it?

Jack Parker
Jack Parker

Literally don't have the money to start this shit,I have like, $1 - 2 on my paypal if I am lucky. Most of my money goes to bills, which is electric and interwebz, and I end up with nothing leftover since I make money by selling shit. Can't even use one of those "get daily bitcoins (Satoshi)" websites cause you can do them for months and still not get shit out of em.

Jonathan Scott
Jonathan Scott

There is no worthwhile argument that can be made to justify investing in cryptocurrency.

1. Communists are basically subverting the world on a societal level rn and will eradicate this crony-capitalistic hobby.

2. The value of Bitcoin is entirely superficial. It's based on promises and faith. The fact that nobody can suffer any meaningful consequences for making a bad investment via-Bitcoin (except in cases where it's traded at the value of traditionally minted currency), means that it has no meaningful gain when making a good investment. This is comes hand-in-hand with deregulation.

3. Like most other cryptocurrencies, it's prone to exaggerated inflation. The fact that it can be produced only at a cost of traditional currencies means that the likeliness it'll burst is absurdly high.

4. The standard for Bitcoin currency is entirely dependent on trade with traditional currencies.

Have fun with your niche hobby, nerds.

Noah Parker
Noah Parker

enjoy being poor

Levi Bennett
Levi Bennett

Nice counter-argument. Very constructive. Thanks for your creative input, user.

Grayson Miller
Grayson Miller

Yeah, but who the fuck buys bitcoin for 25 000 dollars, nigger. To reap that profit you need a buyer.

Nathan Rogers
Nathan Rogers

Nothing is stopping me.

Juan Gonzalez
Juan Gonzalez

Whatever you use money for. That's the point.

Evan Jackson
Evan Jackson

Is it worth it to buy a full coin at this point? I'd feel dumb as fuck if lose thousands of dollars on this shit

Samuel Flores
Samuel Flores

You can buy 0.00000001 of a bitcoin man, it's called a satoshi.

Jace Sullivan
Jace Sullivan

That makes no sense.

Oliver Long
Oliver Long

thinking in terms of inflationary currency as opposed to deflationary.

So many normies in this thread holy shit I need to go back to /biz/.

Charles Wood
Charles Wood

It's as simple as a few clicks for both. It's that easy.

Benjamin Baker
Benjamin Baker

Bullshit 25k

Julian Hernandez
Julian Hernandez

yeah if you can afford it.. listen I'm not telling you to put your life savings in it just yet.. there is always risk involved with this sort of thing. But the day my mortgage, groceries and other bills can be paid in cyrpto thats the day I go all in. A gas station in my area already accepts bitcoin and I have used it 5 times in the last 6 months so it is catching on.. you could stand to be ahead of the curve and make a few bucks..

Isaac Cruz
Isaac Cruz

It can be broken down, NIGGER.

What I want to see is the explanation of people who cash in their bitcoin and mysteriously deposit $100,000 into their back in the future. I assume some kind of federal agency will contact you somehow.

Samuel Morales
Samuel Morales

Then go to your echochamber, moron. Sorry you don't like hearing the truth that you're investing real money into momentary electrons that are being farmed for free by people with more real money than you have. It's the reality, compadre.

This is why counterfeiting is illegal.

James Watson
James Watson

How is that literally any different than our current society? We're on a fucking debt standard and can print more bills that we're told mean something when they don't. It's all bullshit. The only REAL thing you can invest in is precious metals. That's fucking it. This is a great alternative and it's fucking the banks right up the ass. Keep on with your broken system, grandpa.

Zachary Powell
Zachary Powell

Traditionally currencies are based on precious metals, you dipshit. Currency is trade based on these metals. Yeah, they're inflated up the ass, but when they crash, metal is still worth something.

When WWIII comes, or Bitcoin crashes, there won't be anything to replace it. Keep on with your currency that literally has no leg to stand on, other than it's trade value in traditional currency, you stupid nigger.

Jaxon Jackson
Jaxon Jackson

Who says I'm not making so much that I can afford to pay the taxes on my capital gains.... just like I would do on stocks ect... your making a mountain out of a mole hill

Benjamin Wood
Benjamin Wood

There was a kid in school who was obsessed with these and somehow managed to get over 3000 of them before anyone really knew what these even were. We all used to laugh at him for being a weird fuck.

God knows how many he has now and what he's even done with him. Smart kid though, doubt he would have sold them.

Christopher Wright
Christopher Wright

What can I even use gold or silver for when everything comes crashing down? That little piece of paper that says I own 20 lbs of gold can be counterfeit too. Besides if it all goes ww3 and what not then your cash, your gold everything except food and bullets become worthless so why not take a chance

Cooper Flores
Cooper Flores

Rich as fuck sitting on an island somewhere drunk in hand living the good life

Camden Adams
Camden Adams

How much are you not getting the point? Bitcoin IS the currency. Yes, you can exchange it for fiat if someone doesn't accept Bitcoin. But soon more and more people will accept it. It's another currency entirely. The value is that there are only 21 million of them EVER and over time a lot of those will get lost either due to idiots losing wallets or dying. It will continue to go up in value based on that alone. Imagine if there was only ever 21 million dollars ever printed and that was the legal tender of the land. Having a dollar is worth way more than it would be in the current world. That's the point. Bitcoin won't crash because it can't unless NO ONE will accept it. That's not what we're seeing at all. It's getting adoption and attention like crazy. Everyone knows the US dollar is gonna tank fucking ass and Bitcoin is going to be a safe currency for times like you're describing. It's a pure peer to peer currency with no bullshit about it. If I say something is .001 sats, then it's .001 sats. Someone pays be .001 sats, they get the goods. It's fucking simple.

Landon Gomez
Landon Gomez

steam too
the coins are money
you would have a point if bitcoin had no utility at all but the ability to send money to anyone in the world with no 3rd party is a big fucking deal, so no matter what the exchange rate is, I will always want more

David Allen
David Allen

Guessing you invested early?

I imagine most people jumping on board now wish they'd bought a load when they were a couple of dollars each.

Nowadays it's likely that you'll get a return on it as the price isn't likely to plummet significantly/permanently at any point soon (despite the scaremongering) but we'll never see the insane boost we've seen so far.

I bought $100 dollars worth earlier in the year and hopefully it'll turn into several hundred over the next few years, but I'm confident I'm not about to retire to a mansion due to my investment in BTC at any point .

Anthony Perez
Anthony Perez

is mining still an option or is it solely just trade and investments at this point?

Dominic Myers
Dominic Myers

the day my mortgage, groceries and other bills can be paid in cyrpto thats the day I go all in

You already can you fool.

I don't see what people don't understand about this. BTC is just a currency like any other. If you've got $10k worth just withdraw some of it into dollars and you're sorted. Takes like 5 seconds using something like Coinbase.

It is a liquid asset, unlike say a house. You could have a $5m mansion, but obviously you need someone willing to pay $5m before you've actually got that money. With BTC you can cash in at any time.

It's no different that having say, Euros in cash, going to the UK, and simply converting your Euros into Pounds so you can buy shit.

Lincoln Hernandez
Lincoln Hernandez

I'm no expert, but I've read that mining generally costs more in energy usage than you get out of it.

The only viable mining operations are huge server farm type setups and even they operate at a loss a lot of the time.

Elijah Green
Elijah Green

no. You can mine shitcoins on your computer and get paid in bitcoin though. You won't make much. If you want bitcoin, you need to get it the same way you get any other money: provide goods or services for it, or exchange something else of value for it like shitty monopoly money (USD)

mining is a multimilion dollar entry fee at this point, and you need to have cheap/free electricity in order to even consider entrying the market; plus new miner designs are constantly in the works so your investment might end up being obsolete by the time you get it up and running

David Brown
David Brown

I just meant that at my local grocery store afaik they won't accept bitcoin, I never bothered to look into my mortgage company.

I own 15 btw so far

Kevin Miller
Kevin Miller

Yeah you've pretty much gotta be near a huge energy source and live in China to be a profitable miner. Electricity is cheap af there.

Charles Ramirez
Charles Ramirez

what everyone in this thread should realize is at some point, people will try to prevent people from getting Bitcoin. Whether it's the government or the banking industry, it'll be because it threatens them and their power over you.

Jack Nelson
Jack Nelson

You either didn't read my post or are too stupid to deserve money.

I clearly said you can just convert it into your local currency. So if you own 15 BTC, convert say one of them into USD and you've got nearly $10,000.

Oliver Price
Oliver Price

Just more of a ran to buy now, by not buying you are telling the government and bankers that you enjoy being stepped on.

Oliver White
Oliver White

You aren't telling me anything I don't know.... why ate you attacking me? I'm on your side

Joseph Mitchell
Joseph Mitchell

stating that there is no argument and then generalizing with "so, basically..."
it's a school night go to bed

Xavier Sanders
Xavier Sanders

yep.

I don't think it's out of the realm of possibility that one satoshi could eventually equal one cent, which means if you own one bitcoin, you're a millionaire. If you bought $100 now, it'd be worth 10,530. I can't wait till I can get paid in it.

Of course, why would you trade such a useful thing for a million less useful pieces of paper? ;)

Jason Thompson
Jason Thompson

microsoft accepts that shit. but bad rates, i think they take like a 25% cut

Eli Bennett
Eli Bennett

japan did...

Austin Clark
Austin Clark

Computers and smart phones used to be for "nerds" too. Look at how this shit turned out, Nostradumbass.

Gavin Stewart
Gavin Stewart

Yup. You can earn $4 a day on a 1080ti and even more on a vega.
Can also mine on cpu too. Close to $2 a day on a overclocked ryzen. More cores the better.

Joseph Walker
Joseph Walker

Nah. I live in los Angeles where we pay about 0.25 a kilowatt hour and still make bank.

Dominic Mitchell
Dominic Mitchell

I'm not attacking you, I'm pointing out that you don't seem to understand the fact you CAN use BTC in the likes of your grocery store, if you spend 5 seconds converting it into USD (or whatever your local currency is).

I think one of us is simply mis-reading what the other has said.

BTC is just currency like any other. It would be largely worthless if you couldn't just convert it into traditional currency, but you can.

Bentley Gonzalez
Bentley Gonzalez

Underrated post

Nathan Sullivan
Nathan Sullivan

Dip shit dumb Nigger go back to my post and read. I said they don't take bitcoin directly in the form of bitcoin. Now fuck off

Ethan Carter
Ethan Carter

Hey guys have been reading this thread and I'm very interested. Can someone explain how to buy them and sell them and anything else that a new possible investor needs to know. Thanks heaps

Xavier Jenkins
Xavier Jenkins

Hey guys have been reading this thread
Can someone explain how to buy them and sell them
If you've been reading the thread, then you should know that it's already been covered.

Chase Brown
Chase Brown

I've made over $140 on bitcoin and litecoin in the past month.
Whats everyones thoughts on Ripple (XRP), and Bytecoin?
Pretty cheap. Hoping for growth like in Bitcoin.

Ryan Harris
Ryan Harris

Frankly, I have no idea how to acquire, store, and access Bitcoin. That's why.

Cooper Gonzalez
Cooper Gonzalez

The fact that it's stuck in one device scared me. How can I be sure my money won't get lost if I loose my device with the app.

Dylan Parker
Dylan Parker

The ez way,
Go to nicehash.com
Download it.
Go to coinbase.com and create a account/wallet. You don't need any payment info. Look in the options and Get the btc code it gives you and put that in nicehash. Run nicehash and make money. You won't get paid until you reach a certain amount. Could be a month or two if your on a ghetto gpu. After you get enough it's automatically transferred to coinbase. Then you can transfer/convert the bitcoins and send it to your bank or paypal.
It's that easy.

Ayden Harris
Ayden Harris

print out your private key. store it in a safety deposit box.

Andrew Wright
Andrew Wright

Installed the Bitcoin wallet for months but still hesitating to purchase bc though.

Please send my some
1BCBbyEt9V9CZCMJEZ
HScdtQb5tcSDHwTU

I just want to see if it works. Thanks

Tyler Jenkins
Tyler Jenkins

This part causes me heartburn. I don't know what sort of authorization I'm yielding when I connect my back account.

"Connect Your Bank Account
After you sign up, connect your bank account. You'll need to complete some verification steps before you can use the account."

Liam Roberts
Liam Roberts

that's a great idea based user. Do professionals do the same to backup their fortune?

Kevin Ward
Kevin Ward

Winrar
Wake up the burgers

Brandon Powell
Brandon Powell

.rar

Cooper Williams
Cooper Williams

Also whats the best BC Android app?

Alexander Flores
Alexander Flores

Fact! Me too

It wont let me screen shot my account because of "Security protocol"

These naysayers are computer programs stopping us from keeping up.

I can't imagine rational humans from understanding that digital currency makes more sense than a piece of paper that is a dollar bill that has the same amount of ink on it than a 100 dollar bill...insanity

Isaiah Nelson
Isaiah Nelson

probably encrypted on usb drive, but I would assume they keep a backup

Ayden Thomas
Ayden Thomas

Well done faggot

William Allen
William Allen

Download it
Download what? I dont see a "Download" Option

Daniel Gutierrez
Daniel Gutierrez

It's not real money. It will crash harder than the dot coms of the 90's. Hurry up and sell and make your money or lose it all

Zachary White
Zachary White

But what do they encrypt? The whole device or the app?

Jackson Rodriguez
Jackson Rodriguez

you just compared improved commodities to replacing an entire existing infrastructure that society depends on with something that disappears permanently in an EMP...

Cameron Ross
Cameron Ross

This makes no sense, step by step plz half of what you say i cant find

Landon Young
Landon Young

step by step plz
maybe you shouldn't be trying out important things by yourself

Eli Rogers
Eli Rogers

then help me fagoot

Christian Parker
Christian Parker

Please tell what to downlod? I can't find these.

Logan Howard
Logan Howard

it's going to be worth $500,000 in 10 years, $2m in 15 and $5m in 20

Just sink whatever doesn't hurt to lose into it now, secure it electronically and forget about it for 20 years.

i've put in $500

Landon Powell
Landon Powell

Based history lesson

William Reyes
William Reyes

This is unsubstantiated horseshit.

Adrian Perez
Adrian Perez

Please anons help though.

What's the best BC Android App?
And these steps

Asher King
Asher King

there was a bubble on a commodity item at one point in history therefore bitcoin is also a bubble

great analysis!

Owen Ramirez
Owen Ramirez

bitcoin is also a bubble
you said it

Jose Martin
Jose Martin

even better analysis, teach me your ways

Nathaniel Hill
Nathaniel Hill

Jesus it just keeps hitting new highs and i think its going to crash then it hits another new high and i think its going to crash.

This cycle keeps on going and i could have bought in for like 5k but i thought it was going to crash.

Adam Rogers
Adam Rogers

The market can stay irrational longer than you can stay solvent.

Michael Watson
Michael Watson

What really gets me is back when these were cheep (like $10 or something like that) i really toyed around with the idea of throwing $1,000 at it.

It would have been a drop in the bucket to me and loosing a grand would not have been that big of a deal. But i looked at this and thought it to be nothing more then a passing fad.

If i had a time machine i would not go back to stop 9/11 or stop hitler or anything like that. I would go back to when these first became a thing i throw every goddamn penny i had into it then have more wealth then most countries right now.

Cameron Harris
Cameron Harris

get a time machine
invest into apple/amazon/whatever big breakout
throw a ton of that money into BTC and ETH

Never work another fucking day in your life, throw around the rest of your money however you want.

Zachary Perry
Zachary Perry

Will it drop maybe to 3k range any time soon???

Nathan Cruz
Nathan Cruz

NOTHING IS ETERNALLY STABLE.

Bitcoins are the same.

Tyler King
Tyler King

Every time I think about buying bitcoin, I think to myself "nah, this thing has peaked and should be going down now".

That was about two years ago :(

Anthony Hughes
Anthony Hughes

What gives bitcoin value?

Wyatt Bailey
Wyatt Bailey

me too

Blake Harris
Blake Harris

be me 3yrs ago
father dies
inherit a few hundred k
depressed about his death
get into pain killers and silkroad
strictly stick to roxi
develop a habit of about 10 M30s a day
not even paying attention to the am I’m spending on bitcoin
2yrs later
slowly going into debt
finally say pull it together
go cold turkey
get clean
now
still poor
realize I spent at least 15-20k when bitcoin was @ $180-$600, probably bought and used 20-35coins
MFW I could have invested but was a dumbass and used it on drugs

Liam Parker
Liam Parker

What gives Gold value?

Ian Butler
Ian Butler

It's good for investing into RIGHT NOW, but as far as a real currency, it's not going to get far. It takes a shit long time to transact, and governments like to control currencies.

Blockchain and has graphs will be the future of currency, but the FED and global banks will roll them out and have full control of them.

Who knows how high it will go, it could hit 100k. But it WILL crash, it's not a matter of if, it's when.

Isaac Butler
Isaac Butler

Many industrial applications and stupid fashions

Sebastian Myers
Sebastian Myers

HOLY SHIT

Evan Reed
Evan Reed

Ever heard of pump and pump?
This feels like a bubble rather than organic growth.
There will be a lot of sad faces when this balloon bursts.
Bitcoin being only as good as the stuff you can buy with it can have its value drop to nothing.
While you know who is the head of your goverment and local bank, who runs bitcoin exacly? Who you gonna cry to or sue if your money is stolen from your bitcoin wallet?
Remember MtGox

Ryan Fisher
Ryan Fisher

go to coinbase. set up bank account and credit card. buy any dollar amount over like $1 of BTC, ETH or LTC and there's a transaction fee of $0.99 and 1.49%.

install the coinbase app on your phone, watch it go up.

sell amounts of coin value for 1.49% directly back to your bank account as US dollars.

Robert Martin
Robert Martin

We get it, BC will zigzag.

Where and how to start?
Is this serious since nothing clear here.

Daniel Green
Daniel Green

very few losers get money "stolen" from their wallet. it's pretty damn rare.

Brody Parker
Brody Parker

You could also have bought Facebook when it was 2 guys in their dorm room coding away.
Nope you had no way of knowing what would happen to bitcoin in the future.
And you only used it as a tool to pay for drugs.
If you never bought the drugs you never needed any bitcoin. You'd just had the money you spent on buying drugs.

Nicholas Morgan
Nicholas Morgan

coinbase is real. here's mine. i started experimenting 25 days ago.

the activity side is confusing. i made four transactions, three through my credit card and one accidentally through the bank account. the bank account transaction took almost two weeks to get transferred but credit card was instant. it was 5, 2, and 3 for BTC, ETC and LTC respectively. now, 25 days later, the whole portfolio is up 51.5%.

Ian Thomas
Ian Thomas

Coin viruses get posted on Sup Forums every day

Joseph Roberts
Joseph Roberts

an hero pls

Angel Myers
Angel Myers

like, they don't show that every purchase has 99 cents added and they show a running total making it look like i started with more. i started with $10.00 and once it surpassed $13.96, i began to see profit. if i had started with $1000, i'd be able to easily pull out 500 bucks right now.

Robert Watson
Robert Watson

Supply/Demand for it.
Open an Economics 101 book.
Same for Bitcoin.
When it only started i.e. not much demand. Bitcoin was like 5$ for 1 BTC
Now huge demand. But why?
Could be a hoax as no one knows who is even behind this currency.
It could normalize back to 1000$ for one BTC tomorrow.

Jace Jones
Jace Jones

skeptic quints

Jace Adams
Jace Adams

what's a "coin virus"? it's just something to try. i'm showing how ten bucks is now 15.15. if i was showing you 10k and how it went to 15k in 25 days, THAT would be suspicious.

i found coinbase from a cbs article. i'm for real. i've wanted to do a screenshot on the phone, but coinbase's app doesn't allow screenshots. really. check it out.

Jonathan Nelson
Jonathan Nelson

Remember MtGox
Lost the equivalent of 500k. Made most of it back, I was an early investor of ant-shares

Parker Myers
Parker Myers

What if you loose your phone or tablet? What's your backup?

Asher Adams
Asher Adams

Good for you.

Jeremiah Walker
Jeremiah Walker

You can actually use BTC to buy stuff from retail stores that accept it mostly online. I'm invested in Substratum made over 50% profit even with the BTC rally going on.

Levi Moore
Levi Moore

Stock prices have reached what looks like a permanently high plateau.
Irving Fisher, October 1929

Parker Baker
Parker Baker

MtGox
500k
OUCH! That shit was fucked

Landon Morales
Landon Morales

1999
amazon com
crazy high stock price mainstream didn't understand
"What exactly can you buy from it other than books?"

Owen Richardson
Owen Richardson

A healthy aversion to gambling

Carter Ward
Carter Ward

problem is the longer this goes on the worse the risk is and the less reward there is. The people who bought in at ridiculously low levels are making unbelievable bank, there's probably a few of them who have a set target that they're going to bail on. There's also people just pump and dumping creating the trend. It's an institutions game at this point tbh and fuck knows what they're planning on doing

Xavier Edwards
Xavier Edwards

This is a well written ad.
Makes you say oh fuck i gotta get me some bitcoin.
Nope imma keep my money in my pocket thank you very much.
Invest in stuff you understand.
Get rich quick doesn't exist for you. Only for the fucks who think it up.

Mason Reyes
Mason Reyes

some shops accept btc

Justin Mitchell
Justin Mitchell

I want to invest 1k but have no idea how this works
How do I buy
How do I sell back
Also I don't want to do any research
Everything I Google is like a fucking book
Explain to me like I am a retard please

Wyatt Foster
Wyatt Foster

What is my private key and why does it need to be protected? Is my password the private key?

Alexander Smith
Alexander Smith

Bitcoin is 12000+ Canadian thanks to falling Canadian dollar
But 30% tax so no profits

Kayden Scott
Kayden Scott

cant afford it tbh

Ayden Ward
Ayden Ward

I thought Sup Forums was filled with tech savvy people who can google.
I wanted to play online poker. I live in a country where online gambling is very illegal. So I found a BTC app which looked legit. Had my BTC wallet set up in minutes. Bought some BTC and played a for few months at night.
I didnt know how to do something so I fucking googled it.
Read moron read!

Matthew Reyes
Matthew Reyes

I thought Sup Forums was filled with tech savvy people who can google.
This is new/b/, not even a skiddie on here anymore.

Andrew Campbell
Andrew Campbell

i can understand it seems fake but it's JUST 11 bucks. look, i'm 40 and i'm not stupid but while i live in a free house and got a free car and get free college education as a computer science major, i only get $155 a week allowance. i have $34.67 in my account right now. i'm slowly saving up for a laptop my parents will put in $250 for but i want one that'll be 500 + two-year protection so that'll take a while. i want it by next semester, when i'm taking advanced java.

bite the bullet and put 10 bucks in. the rest of you have much more money than i do. you waste it on fucking video game consoles.

to the second post, it's called coinbase. i didn't trust it but it's cool. as i was making four transactions that night, drunk and stoned, my bank stopped some and i had to do this dance with verification on my phone. at least b of a is careful.

apparently, coinbase is "the most popular". if they're that popular, they don't just want access to your bank account; they make plenty. they made nearly 4 bucks to sell me 10 bucks worth of coins.

Logan Wright
Logan Wright

I said I want to invest 1k
That's $1000 not $10
I am trying to make a serious investment but every page on Google is a big paragraph
I asked nicely to explain like I am autistic
How do I into bitcoin for morons

John Evans
John Evans

i hope one day you the bubble breaks and you lose your investment. And rage. And remember the anons that told you not to be a cryptofaggot.

Benjamin Green
Benjamin Green

Why coinbase?

Evan Parker
Evan Parker

I used to have a coinbase account years ago, it only had a few cents in it but I lost the phone from the two step verification years ago. How do I recover it? I want to see if I have any dollars now

Blake Sanchez
Blake Sanchez

Literally the only people who will lose their investment are rich fags
Everybody is waiting for Goldstein Oilberg to invest then sell out

Matthew Thompson
Matthew Thompson

It would be hundreds

Christopher Morgan
Christopher Morgan

Underrated dubs

Jonathan Nguyen
Jonathan Nguyen

Please..
1CZzx4VP7e1UxiAs55
RMbpy14V6HHME6SC

Thanks

Luke Davis
Luke Davis

Japan accepts a currency that is not backed in any way by the world banks and does not come with any protection from them? Do they also allow me to pay my parking tickets with disney bucks? If a nation takes a currency NO ONE ELSE takes then that nation just has funbucks it can't use anywhere but its own nation.

Also what the fuck is a currency where the lowest bill is 25 grand? How the fuck do you split that up? How do fucks even buy something online with it without investing 10 grand first?

Anthony Howard
Anthony Howard

Installed the Bitcoin wallet for months but still hesitating to purchase bc though.

Please send my some
1BCBbyEt9V9CZCMJEZ
HScdtQb5tcSDHwTU

I just want to see if it works. Thanks

Dominic Cooper
Dominic Cooper

I'm investing in food and bullet stocks
Fuck bitcoin
Crypto cucks get fucked

John Campbell
John Campbell

What was the value of bitcoin in 2013?

Kayden Taylor
Kayden Taylor

Solar Flare? ALL BITCOINS LOST.
Solar EMP? ALL BITCOINS LOST.

Liklihood? NASA says 12.5 percent.

Hacked at the Exchange? ALL BITCOINS LOST.

Robbed of Bitcoins on the street? HAPPENS EVERY DAY according to the Washington Post and NYT (they hold a gun or knife to your head and force you to withdraw it in cash or transfer it).

Is Bitcoin a BUBBLE? JP Morgan says YES.

What makes Bitcoin valuable if it is not backed by precious metal? It's entirely speculation by others that it's worth anything.

Currently, fees for Bitcoin transactions are so high that it's not even worth using it to purchase a meal or a small item with it. And with less people circulating Bitcoin and most people sitting on it, less people are mining it.

What happens if your phone, BTC wallet or computer is lost or stolen? ALL BITCOIN ARE LOST.

Who do you complain to when your Bitcoins are stolen online (eg MtGOX Heist)? Nobody. BITCOIN HAS NOBODY TO REPORT ISSUES with. Hence, ALL BITCOIN ARE LOST.

Gavin Ortiz
Gavin Ortiz

200- 300 usd

Andrew Johnson
Andrew Johnson

Coinbase doesn't let me sell as a Canadian, what are some other sites like Coinbase I can use?

Mason Garcia
Mason Garcia

i googled "safest way to buy bitcoin" and a cbs article came up. i scanned it and saw that they were confident to guide the average idiot to it. i was drunk and stoned and went for it.

the thing about how bank of america stopped it was because i was spasticly buying small amounts, as well as the two 1.06, 1.03 they took out and then a single 1.00 they took and immediately gave back to me; just like how it happens when you create a paypal account to test it out. i had to say "yeah, go ahead" and then it came in.

it's a 99 cent fee per transaction and you have to buy at least one US dollar of a coin.

i think of BTC, ETH and LTC as precious metals, with BTC being gold, ETH being silver and LTC being copper. "copper" is going crazy though... and that makes me smile because i'm in arizona and it's our main export. that's how my wasted mind works.

Jace Ortiz
Jace Ortiz

I just uninatalled my mobile phone bitcoin app
I've had it installed since bitcoin was 8000 and I still have no idea how to buy or sell
Guess I'll just be forever watching

Oliver Nguyen
Oliver Nguyen

You'll recieve $10 bitcoin free when you buy $100 of bitcoin!
coinbase.com/join/59c5ac8ff0fca4014074d0de

Evan Garcia
Evan Garcia

If you time your sell just right. You will make it user
Godspeed

Jack James
Jack James

How do the robbers even know you have btc?
Most of this is true tho

Blake Ross
Blake Ross

marketwatch.com/story/why-beanie-babies-make-for-a-better-investment-than-bitcoin-2017-09-05

cointelegraph.com/news/bitcoin-bear-david-merkel-strikes-again-says-beanie-babies-are-better-investment

YOU know what? They're right.

Adrian Russell
Adrian Russell

But what is precious metal backed by? The belief in it's worth? I'm sure the average joe doesn't have many uses when it comes to industrial purposes.

Joshua Roberts
Joshua Roberts

Canadian
Do you even know your tax rates?
You literally cannot profit
First you get charged 30% on investment then 30% more on sales
I hope you have the patience to wait for bitcoin to raise 60% in profits from $1200 (current Canadian value)

Dominic Reed
Dominic Reed

My $0.20 -$0.30 usd would be like $9.00 -$10.00 usd now. All locked away from me forever.

Jacob Brooks
Jacob Brooks

Solar Flare? ALL BITCOINS LOST.
Solar EMP? ALL BITCOINS LOST.

Liklihood? NASA says 12.5 percent.

This solar flare or emp would have to take out every single node in the bitcoin network to cause all bitcoins to be lost.

You would have to pretty much turn off the internet entirely.

Kevin Hall
Kevin Hall

there are a bunch of lambo dealerships that take bitcoin.. just google it you retards

Isaac Howard
Isaac Howard

At least now I have an excuse as to why I don't invest in bitcoin..

Oh well, I should've guessed that I'll never get my "quick" riches.

Noah Bennett
Noah Bennett

“New asset classes that have never been through a ‘failure cycle’ tend to produce the greatest amounts of panic when they finally fail. And, all asset classes eventually go through failure,” he wrote. “Ultimately, most of the cryptocurrencies will go out at zero. Don’t say I didn’t warn you.”

AWESOME PREDICTION.

Aiden Jenkins
Aiden Jenkins

I want to do this just to see btc cucks btfo
We need ww3

James Reed
James Reed

Gold and silver have kept their value throughout human history. And are the go to investment when shit hits the fan.

Luis Jackson
Luis Jackson

You wouldnt see that though.
All you would see is people crying about losing all their facebook pictures, and people struggling with their lives without google.

Adrian Lee
Adrian Lee

Sadly, I'm too late to even figure out bitcoin basics, and I wouldn't be surprised if most of it isn't mined out already. Would have been nice though, I could have bought a dishwasher for my parents.

Jaxon Edwards
Jaxon Edwards

oh no without Google how will i search for period blood cooking recipes
Seriously why do old people expect society to fall without the internet like information learned is so easily forgotten

Jordan Johnson
Jordan Johnson

almost no one is buying. ONE bank is offering about 60% value and it will put it into a money market account. you're taxed on that 60% too as capital gains (15% if you hold onto your investment for a year... though i'm not sure how that works with bitcoin. could be up to 28%.

7k value, 4200 from bank... after taxes 3570 (or 3024). you're almost down to half or well under half the value of a bitcoin if you try and sell it for actual cash.

best to just hold onto it for now until selling it becomes viable.

Nathan Adams
Nathan Adams

If you had put your life savings in before it even cost $0.01, you could build a house out of all the dishwashers you could buy.

Alexander Gonzalez
Alexander Gonzalez

if you want to get philosophical about it, the value of precious metal is as relative as the value of anything else, but the point is, if you use a currency backed by gold, the value is determined by the amount of gold it can be traded for. Precious metals are a standard medium of exchange that has been in use for thousands of years in nearly every culture on earth. Pretty much as long as there are humans on earth gold will probably be worth something. By contrast, bitcoin is not backed by anything other than the arbitrary worth assigned to it by speculation. Furthermore it basically exists only as computer data; if the data is lost the "coin" is lost. There is nothing you can do to get it back.

If you want to play around with it to make money in the short term feel free to experiment, but you're beyond retarded if you use it as actual currency or keep it as a long-term investment. Personally I kind of wish I'd bought some when I first heard about it 10 years or so ago. If I remember 1 bitcoin was only worth a few pennies. At the time though I just thought it was some kind of token system for buying drugs online without getting caught, I had no idea it was supposed to be a real currency. Like any number of investments it would have been great to get in early when no one else knew about it, but my personal feeling is there's very little money to be made on it by buying now, or even worse, spending money on a rig and attempting to "mine" them.

Nathan Watson
Nathan Watson

This solar flare or emp would have to take out every single node in the bitcoin network to cause all bitcoins to be lost.
You would have to pretty much turn off the internet entirely.

it almost happened in 2012 and again in 2014. They say we'd STILL be picking up the pieces if either flare had hit us.

An MCE (Mass Coronal Ejection) is a VERY likely scenario.

Christopher Ross
Christopher Ross

the investment to mine is garbage now. the chain lengths are too long and you'll have to shove thousands upon thousands of dollars in hardware and electricity to get anything and you won't break even. At this point unless you're an early adopter or for some insane reason think it's going to grow in price... you're better off trying a newer currency and hoping it takes off.

Ethan James
Ethan James

Yeah, but I don't have enough dishes to warrant that.

Dominic Torres
Dominic Torres

Also what the fuck is a currency where the lowest bill is 25 grand? How the fuck do you split that up? How do fucks even buy something online with it without investing 10 grand first?

Fractions of a bitcoin are called Satoshis. Its really not that difficult to understand.

Luke Moore
Luke Moore

Cool pump. 6% per day though? We've been running 8-10% on weed stocks running up to legalization next year. Why would I want to put my money in a shittier investment?

Owen Mitchell
Owen Mitchell

3. Like most other cryptocurrencies, it's prone to exaggerated inflation. The fact that it can be produced only at a cost of traditional currencies means that the likeliness it'll burst is absurdly high.

Look everyone, a retard.

Samuel Ward
Samuel Ward

Close to the 88888
supforums.com/thread/752182802/miscellaneous
Just to see who got the get

Xavier Bailey
Xavier Bailey

There's this thing called a Faraday cage

en.m.wikipedia.org/wiki/Faraday_cage

Hunter Walker
Hunter Walker

When Bitcoin Trading is blocked and you know the market is going to crash... and yet it takes between 10 minutes and 10 hours to transfer your Bitcoins and cash them in before they're worth 0.00000001btc ....

Connor Stewart
Connor Stewart

Imagine the shit like e-hentai if bitcoins weren't a scam.

Pony fucker tenboro would be worth billions of dollars.

Lucas Scott
Lucas Scott

What is real money

Enjoy your worthless paper while you still can

Jonathan Carter
Jonathan Carter

2. The value of Bitcoin is entirely superficial. It's based on promises and faith.
So is any other Fiat money.

Camden Torres
Camden Torres

There's this thing called a Faraday cage

A Faraday cage doesn't work against EMPs. You'll need to store your Bitcoins about 5km below the Earth's surface for a chance to beat it.

preparednesspro.com/many-myths-emps-and-faraday-cages

Kevin Gutierrez
Kevin Gutierrez

There are houses being bought in California for nothing but Bitcoin. It is fucking real. Like Trump, get on the train or get hit by it. The OG bankers are dying with the hippies.

Jose Wright
Jose Wright

ENJOY!

healthrangertalk.com/2017-08-31-bitcoin-is-worth-zero-after-an-emp-attack-or-solar-flare-video.html

Carter Peterson
Carter Peterson

Coinbase is still trading. Fuck off.

Lincoln Myers
Lincoln Myers

for all you bitcoin smartfags; can i farm with these specs? and what coin / pool and other shit you recommend? i got no job so i really need to make some money.

CPU: Ryzen 3 1200
RAM: 8,00GB
Motherboard: MSI A320M GRENADE
GPU: NVIDIA GeForce GTX 1050 2047MB

thanks in advance.
-dawn

Jackson Lopez
Jackson Lopez

Let me explain this.

Money value is based on supply and demand.

In the beginning, there was a limited amount of bitcoin, as demand increased bit coin increased.

The problem but coin has now is unlimited supply.

IE. You can now sell FRACTIONS of a bit coin.

Because FRACTIONS are unlimited, but coin is unlimited.

Unlimited supply means bitcoin is worth nothing.

That's why.

I but a bit coin for $9000, I break it up infinitely...yes you can say "but the fraction is a fraction of $9000".

That's true,

But in government money ie the dollar, the SUPPLY is exactly that, a supply. It's finite.

Even if you get a fraction of a penny, you can't spend it. Where with bit coin you can.

Infinite supply of imaginAry money....

Yeah let's NOT buy thAt.

Elijah Parker
Elijah Parker

It's not anonymous at all. Where do you niggers even get that from?

Logan Perez
Logan Perez

This isn't even close to true...
Someone has no clue how the blockchain actually works.

Cooper Harris
Cooper Harris

I invested $900 into bitcoin when they were $300 a piece back about 1 year ago. I sold those 3 bitcoin when they went to $1,200 a piece ($3,600) a couple of months later. I took that $3,600 and purchased Ethereum when it was $12 a piece, and that got me 300 Ethereum. I bought an additional 140 Ethereum between $15 and $50 a piece. I cashed out some here and there, bought a bunch of cool shit. Invested more into Ethereum at $185. Invested small amounts into Litecoin, Ripple, and Vertcoin.
I now have $175,900 in crypto currency. It's good shit.

Parker Johnson
Parker Johnson

bitcoin worth almost 10k
explosive gains for no real reason
people fawning over it

but wait guys
where do i cash out on bitcoins?
what country is responsible for it?
when it crashes who will be paying it out?

nobody? its literally nonexistent?
wow i should really put my money in there

dont listen to retards. invest in actual companies who are responsible for cashing out your bonds and stocks if they fail

Brandon Howard
Brandon Howard

The profit is gone from mining unless you have 8 or 10 rigs.

Adam Ross
Adam Ross

Which major currencies are still backed by metals?

Juan Howard
Juan Howard

You have fully weaponized autism.

Anthony Green
Anthony Green

It will never reach anywhere near a mil. The transaction fees would be absurd

Anthony Walker
Anthony Walker

Bitcoin is dead. 99bitcoins.com/bitcoinobituaries/

Jayden Thompson
Jayden Thompson

Im broke and cant afford it?

Luis Roberts
Luis Roberts

The tech behind ripple looks good but I highly doubt that any major players ie banks would use the public chain.

Bytecoin is pure garbage though. Only dabble in it if you want to gamble against the pnd'ers

Benjamin Anderson
Benjamin Anderson

you're not sure? kys

Levi Sanders
Levi Sanders

i do think a dip is coming soon, after that will be a good time to buy

Carter Long
Carter Long

Put 10k in a few coins in April. As of today they are at 106k. I haven't done shit. It is working well for me so far. And LTC is gonn pop huge in next few hours to days. I make over 10k already since Friday. And I had the weekend off ..lol.

I just want it to buy me a house within 3yrs. Then I am a happy dude.

Wyatt Gutierrez
Wyatt Gutierrez

Mine monero on the CPU and Zcash(ZEC) or Zcoin(XZC) on the GPU. I'm bullish on XZC myself, but ZEC is the higher valued and more visible coin right now.

Benjamin Rogers
Benjamin Rogers

False.

Tyler Brooks
Tyler Brooks

I can't believe i actually read that bullshit

Chase Jenkins
Chase Jenkins

but he does bring up an interesting point. where if we did have a solar flare that acted as an EMP bitcoin would be deleted

regardless you dont need to be a genius to see how stupid the whole idea is, but at the same people themselves are stupid and might keep stupidity afloat

Andrew Foster
Andrew Foster

I have a shit compuer with 108 h/s for xmr

Eli Russell
Eli Russell

I'm referring to bitcoin.

Matthew Sanders
Matthew Sanders

If bitcoin got deleted, so would the conventional banking system.

Justin Evans
Justin Evans

Congrats, OP. Hope it brings you happiness, you've made it to the absolute peak of human achievement, being richer than most alive today and in the past. Watch out not to get too cought up in all of it, remember what matters in life and what makes you truly happy, money or no money. That's coming from someone whose wealth is bordering on poverty level, like 50 bucks is a lot of money for me. If you wanna help out a bit, even a few cents worth of btc would be put to use, even if just for paying tx fees for,
Btc:
1CZzx4VP7e1UxiAs55
RMbpy14V6HHME6SC

Cooper White
Cooper White

I don't invest on price. Find what mechanisms affect it and use those.

Jason Murphy
Jason Murphy

dot com bubble, these companies can only go up...

Easton Cook
Easton Cook

its possible, but not a guarantee like bitcoin

invest in AMD
amd has been stagnant these past two weeks, likely a good time to buy considering we are in Q4
as for anything else, bitcoin is synonymous with drugs so if you know anything along those lines

Dylan White
Dylan White

The emp would have to completely wipe every node in the network.

bitnodes.earn.com/nodes/live-map/

Anthony Gray
Anthony Gray

and you don't believe our current currencies are like this? You do not understand fractional banking, or just how reliant we are on technology right now. Paper books are not being kept.

Lucas White
Lucas White

if the EMP youre talking about is man made then it wouldnt have much of an effect, it would fuck over the country it hit

im thinking of a solar event. that would screw the whole world

Tyler Ortiz
Tyler Ortiz

Conventional banking is so tied to electronics now that this hypothetical EMP would guarantee that the global economy would crash and burn as well. Just consider how little is actually paid for in physical cash these days.

Jaxon Allen
Jaxon Allen

Theres a liquor store near my house that has a bitcoin atm and ive seen another somewhere else.
isnt there a card you can use that takes from your bitcoin wallet or some shit?

Austin Davis
Austin Davis

Not understanding how the current overvaluation will inevitably lead to a steep decline in price

Gavin Martinez
Gavin Martinez

Yes there's lots of them.
I use bitpay.

Evan Myers
Evan Myers

Then we're fucked anyway.

Colton Torres
Colton Torres

its all about monero if youre looking to mine rn

Kayden Clark
Kayden Clark

It wouldn't be the first time, but at this point I don't see it staying down. It's entered the mainstream now.

Zachary Lewis
Zachary Lewis

1CZzx4VP7e1UxiAs55
RMbpy14V6HHME6SC

Check it in the next week or 2. Merry Christmas.

Parker Lopez
Parker Lopez

Meh. Monero is too overly complicated to ever be big. Do they even have a GUI wallet yet? What about a lite client?

Elijah Roberts
Elijah Roberts

true, but i mean the currency would at least somewhat retain its value

idk my main gripe with bitcoin is that its just not even there. at least money exists as paper, true we give that paper value but paper in itself has an inherent value over the state of some bits in some random ass data center

Camden Cox
Camden Cox

3PdPgex5UrWV
g53dQEqQBJMp
WQvcrt8PL3

will a generous soul please donate to a poorfag

Henry Howard
Henry Howard

What would the value be when nobody would even be able to approximate how much is in circulation? All of the records are digitized plus counterfeits would be all over the place.

Grayson Price
Grayson Price

i use minergate, low yield but i mean as long as i get a few before it goes big ill be happy

Jaxon Miller
Jaxon Miller

Afaik, most dollars aren't even printed but just exist on ledgers nowadays.

Jordan Thomas
Jordan Thomas

what would you value tinder at?

Chase Flores
Chase Flores

The whole of society is so tied to electronics that this emp would bring the world to a halt.

Kayden Thompson
Kayden Thompson

my ultimate opinion is that it is better than any other investment in the world. there is the basic 50/30/20 or whatever investment they suggest if you win the lottery--those each are supposed to go to savings, safe investments, less safe investments or some bullshit--and then you got your 401k whatever but these are in their infancy. one could go dark but if you get a piece of them now, they MUST be worth 100,000 in 10 years. just get in to them. it looks like it's worth it. people have made many billions through them.

look, just try to pretend you're brad pitt in "the big short" at the end when he tells them "you wanted to be rich. you're rich", in a bored way after the whole world fell apart. getting rich isn't like getting laid for the first time, and it's more satisfying. let it happen.

youtube.com/watch?v=RN_smIX7zww&list=RDRN_smIX7zww

Caleb Mitchell
Caleb Mitchell

Plentiful/10

Julian Bell
Julian Bell

and if you missed the hint, you MUST watch "the big short" and for a little more, "americons".

Kevin Perez
Kevin Perez

up 90k as of this morning since last june... time to cash out??

Logan Ward
Logan Ward

All pics are dub glitched

Lincoln Jackson
Lincoln Jackson

just found bitpay ty

Austin Walker
Austin Walker

The emp would have to completely wipe every node in the network.

No, it would just need to kill your Bitcoin wallet. Without the wallet, the Bitcoins don't just magically appear again. A Cold Storage device sounds nice but again, like all those people who threw away hard drive discs with Bitcoin on them worth MILLIONS today, you've lost it if the original coin storage becomes corrupted, lost or destroyed, right?

Jaxon Torres
Jaxon Torres

How do you cash that?

Angel Martin
Angel Martin

Btc ftw

Tyler White
Tyler White

waiting on compo to buy the computer
Then I'm in there like swimwear

Evan Barnes
Evan Barnes

there are a bunch of exchanges.. as long as you're not looking to cash out enormous volume, it's pretty simple.

Leo Anderson
Leo Anderson

your cold storage could literally be your bip31 12 or 24 word recovery phrase written on paper... or etched in steel... or memorized... then you're good to go.

Zachary Powell
Zachary Powell

yep, started buying BTC at $5/coin.

i had $1,000 to invest at the time, could have easily put that all into a wallet that i wouldn't touch until it reached some of those seemingly mythical valuations. $50/BTC, $100, $1000 etc.

given current market value, i would have had at least $1.95mil in BTC, and that's with just letting it sit. if i would have been buying and selling BTC during the past five years, i could have had significantly more.

that's why i'm not investing in fucking bitcoin, OP. i should already be a BTC millionaire, fuck you and everything else

Ayden Ortiz
Ayden Ortiz

So it's not simple at all
You could just say so

Benjamin Rivera
Benjamin Rivera

the Bitcoins don't just magically appear again.

They never dissapeared, because of decentralisation.

Daniel Carter
Daniel Carter

the Bitcoins don't just magically appear again.
They never dissapeared, because of decentralisation.

So tell me... WHY are people unable to recover their lost Bitcoins after they throw out a Hard Drive?

Logan Reyes
Logan Reyes

by large volumes, i'm talking 250k+....

i cashed in 5 figure $$$ multiple times, it's as easy as making an account with an exchange and executing a bank transfer

Kayden Brown
Kayden Brown

because they don't have any record of their private keys, which were stored only on that hard drive.

there are a bunch of methods to backup your keys.

Christian Edwards
Christian Edwards

I live in Hawaii, it's a bitch and a half to buy bitcoins here. I'm sure more technologically inclined folk can find workarounds, but most of the trusted traders and sellers won't accept buyers who reside in Hawaii from what I heard. Although I've only tried for a few days banging my head against the wall with nothing to show for it, so hopefully I can find a solution soon.

Grayson Allen
Grayson Allen

of course NOBODY is trying to RAMP the price.
Are they?

Daniel Ortiz
Daniel Ortiz

all of the major exchanges will. you'll have no issues. look at gemini, for example.. make an account, link a bank account, fund it.. and buy btc.

Luke Harris
Luke Harris

Mining like crazy.

Asher Lewis
Asher Lewis

It's like if you throw away your car keys. You can't drive your car anymore, even though you can look at it.

But if you kept a spare set somewhere safe, you can get them and go back driving.

Thomas Miller
Thomas Miller

What's the highest I should buy a bitcoin at from localbitcoins?

Dylan Foster
Dylan Foster

where's your bank headquartered?

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