How does Sup Forums feel about cryptocurrencies?

How does Sup Forums feel about cryptocurrencies?

My thousands of dollars have been reduced to about 20% of what I started with so, I guess I feel sad about crypto.

Rip you muh dude, best not to bandwagon invest, huh?

Invested a few hundred $, took out ~20,000$

Still have 1btc & ~10,000$ on exchanges

If you aren't retarded it's literally free jewgolds

i'll let you know when i stop laughing

>Still have 1btc & ~10,000$ on exchanges

if it's on an exchange, you don't have it.

they do. it's theirs until you pay the fee to transfer it to a real bank.

Well that's what you get for being a fucking dumb ass. It's pretty easy to see a ponzi scheme when it literally follows it's criteria to the t. The reason ponzi schemes exist in the first place is because of people like you.

>on exchanges

Then it's not your retard.

Yep

And it's literally free money on my end

Its spread across a hundred coins, and when one moons, I cash out or sell for btc then withdraw that

Been in this shit since the beginning, not retarded

Well, you know the old saying. A fool and his money are soon parted.

Literally retarded.

Bitcoins already fell to barely 50% of its value, so yeah, fuck them.

Bitcoin may be fell its value, but there are plenty of more cryptocurrencies. This will never end and itll keep increasing.

Can someone explain to me why these cryptocurrencies have any value at all?

Because the way i understand it some dude just pulled these bitcoins out of his ass. Why would someone pay 20k for that?

>small private torrent site admin makes 0 money from website (no ads).
>5 years of using his site, i decide to give him money
>no paypal; only bitcoin
>create coinbase account
>too scared to link bank account
>do nothing
>1-2 years later
>think about giving him money again
>go to coinbase and link account
>3 days to verify
>1 BTC = $400
>1yr later remember about account
>~$1000/BTC
>fuck that.
>never buy bitcoin
>year later
>hear old guys on the local morning radio station talking about bitcoin
>lol bubble
>$4k/BTC
>lol GIANT BUBBLE!!!
>see it go to $20k
fuck i could've been rich! or i could've made a few grand

I wanted to buy a GTX 1080 but miners happened.

well you goys just seem butthurt you didn't get a 8000% ROI like I did

Yeah keeping your funds on exchanges is retarded

But so is having 500 shitcoin wallets

If every exchange on earth 404s I'm still up 8000%

Sorry for your lots, keep bashing crypto because you're too dumb to code or know when to buy/sell

I feel like I'm buying more when I can afford it. Hopefully the price is still low.
Also check out /biz/

The technology is interesting and certainly has applications, but I don't believe in it as either a currency or an investment.

Oh yeah, and while not the fault of cryptocurrency itself, cryptoshills are absolutely intolerable.

wtf ? dude... shut the fuck up

Just telling it like it is. Cryptocurrency investors are incredibly hostile to anyone who doesn't agree with them, far more so than any other class of investor.

I think the most interesting aspects is the future use of block chain for other data.

That's human nature

People will make asses out of themselves to defend something they fear could end them ( if it tanks, for example)

Sounds like you're just hanging with the wrong crowd bro

Considering I only encounter people who will identify themselves as cryptoinvestors on the internet, that seems likely.