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I've had BTC for ages and am excited with the prices it's getting to, but ~18% increase in a day?!?

People are smoking crack....
>>
>>152336398
Corporate Pump'n'Dump.
>>
>>152336498
Will be interesting to see if it can break $15k. I'd expect a pretty big correction down if it does. Ready to buy on the next 20% drop.
>>
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>>152336398
Almost there
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>>152336398
Just a little more...
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>>152336398
Just wait until /biz/ coinshills come in telling us to buy. Sell then, let it crash, and buy in again.

Also check out /biz/ during the crash for keks. Pink wojacks everywhere.
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>>152338388
meanwhile
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>>152338388
last crash in 0CT 2013 it was the Gowex fuckup.... that was a big thing, it completly imploded the enthusiasm, a major exhange hacked and all the users absolutly fucked

MAY 2013, if I'm not wrong, nothing really happened, and it still corrected


It doesn't seem like there's gonna be an outside-event correction, but the mania is still kicking hard, and seems that it will be kicking hard for a while

that doesn't mean it's gonna break down to 0, it will stay above 8k for sure
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>>152339150
Makes my head spin. That number just keeps going up. I have some in and it just baffles me how fast it grows.

>>152339904
>above 8k
No doubt. It's promising and worth buying at least one coin. However bitcoin is the wild west when it compares to an extremely regulated financial industry. Those flash crashes are wildly profitable if the coins aren't just growing.

Honestly I believe that these coins are pegged to a basket of currencies, and all the devaluation from inflation is responsible for its quick growth. Since supply is capped at 21,000,000 coins, the value only goes up. If this is true then it's worth holding and contributing to just as a hedge against inflation. There are liquidity issues but that's the tradeoff.
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>>152336398
That's it, I'm cashing out.
>>
I have 300k bcs. ama
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>what is a bubble?

An economic bubble or asset bubble is trade in an asset at a price or price range that strongly exceeds the asset's intrinsic value. It could also be described as a situation in which asset prices appear to be based on implausible or inconsistent views about the future.

>what is intrinsic value?

the value of a company, stock, currency or product determined through fundamental analysis *without reference to its market value*

>what are you smoking?
fiat paper money priced in btc = fiat btc priced in paper money
>>
Anyone with bitcoin seriously needs to abandon that shit ASAP, take their profits and get the hell out of there before it comes crashing down.

Biggest ponzi scheme in human history.
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>>152342880
Its decentralized moron.
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>>152342045
donate plz
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>>152342045
Can you give me at least 9.11 BTC? My wallet is in jacket, and we're flying to New York. We're headed towards WTC towers, but I think we should turn soon, so we don't hit them, it would be silly.

Still, no worry, even if we hit the WTC, my wallet will survive jet crash impact, and you'll find it on a pavement of 5th Avenue, together with my intact passport.
>>
>>152342917
people don't understand tech, that is why shills are pushing the ponzi scheme meme.
1)they don't understand <decentralized>
2)They don't understand that blockchain = tool for forensic accounting that makes it bad for the banksters
>>
>>152342045
17pKMMWhNp3vftbCtCuqh8ENjdEqtfB5YK
For anyone who feels sorry for a leaf stuck with Trudeau
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>>152343352
Jews are terrified.
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>>152343352
I think he's calling it a ponzi scheme because a lot of people are only investing because they think it will go up in price. That's incredibly unsustainable.
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How do you know that you own Bitcoins? How do you know they exist?

It seems to me that you can never really know that Bitcoins exist, until you sell them, and redeem them for US dollars
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>>152343535
I know...so much fucking shilling going on...always with the:

1)bubble, gonna pop
2)Can't cash out
3)ponzi scheme
>>
>>152343208
Heh

I always thought that was just one of those things. If it really was a false flag they could have thought of a different way of getting that guys identity.. not make up a stranger than fiction 1/10000000 chance
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>>152343547
As long as it is being implemented to more mainstream areas, it will keep growing.

Blockchain tech has a great potential. Not to mention the other interesting prospects like electrum - smart contracts.

Smart contracts, taking money away from the joo lawyer.
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>>152342917

Tulips in the netherlands were 'decentralised' too and how did that work out for them. Do you really believe there are just lines of people behind computes who cant wait to buy a piece of computer code for 14,000 dollars? When the average person has less than 500 in their bank account?
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>>152343567
Every transaction is stored on the blockchain. “X amount of btc was sent to X wallet address.”
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>>152343732
well can you actually cash out or is it only good for black market shit?
>>
>>152343967
Why do people keep bringing up the stupid fucking Tulip bulb example?

Crypto = technology, it has an application
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>>152344053
Of course you can.

1)You can get a bank account linked to an exchange or even to your localbitcoin account and sell your bitcoin for cash. I sold 1000$US worth on localbitcoin and ON A SUNDAY got my money via internet banking in less than 15 minutes. I verified the money was received on my end and liberated the coins to the buyer.

2) You get a crypto debit card, you have like a dozen out there. You can use the debit card anywhere they take visa, or get cash at any ATM that is accepts visa.
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>>152344071

Technology for what? Please explain the advantage that crypto gives over regular government insured currency? Is its best application just in being able to buy illegal shit? Forgetting that blockchain stores every transaction ever.
>>
sell now, the bubble is going to burst soon.
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>>152344053
Crypto, especially bitcoin is NOT good for black market. People who buy/sell drugs have to TUMBLE their coins (pay somebody to put it in a pool and then give you "different" coins. Not a very smart way to do blackmarket shit.
>>
>tfw 0.008 bitcoins

Am I ever gonna get a whole coin?
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>>152342045
>1 post by this ID
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>>152344358

So then whats the point of bitcoins? Besides that a bunch of people seem to want them more than dollars (FOR NOW) for some reason.
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>>152336656
Me as well. It's almost 16k now, there is no way this can continue, it's all investors at this point, it's just like the housing market or the tech bubble in the US year ago.
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>>152336398
>$14,888
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>>152344071
>it has an application
Keep telling yourself that. atm bitcoin has zero value outside of speculation.
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>>152344316
blockchain.

OPEN, decentralized tracking of information.
Can use this for voting systems> for tracking of taxes, medical records, wills and financial transactions...etc, etc.
You also can't create counterfeit crypto and at least most crypto is backed by new technology/applications.

The shit is so nice now that in the future you will be able to do your transactions/contracts using multisig/decentralized/p2p over tor/i2p.
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>>152336398
>14,888
heil hitler
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>>152336398
supposed to crash by 10th. its being manipulated right now. no healthy corrections at this rate is startling. gonna dip bigtime soon
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>>152344445
based on blockchain tech. It is a sweet technology with innumerable applications.

look up what blockchain technology is all about.
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>>152336656
>20% drop
Kek, more like 30-40%

I just sold and made 112% + in 15 days
Think big
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>>152344547
read more, you speak like a stupid person.

You obviously know nothing about technology
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>>152344552
bitcoin and block chain are two different things, and block chain tech is literally a distributed database, thats it
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>>152344687
>muh technology
It has potential, but this is where it ends. Fusion energy has potential too but there's no enrergy from it for now.
Until it's accepted by worldwide governments it will stay with potential.
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>>152341654
>or buy ETH
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>>152344335
No way, junior.
>>
If I were in this scam, I would sell this shit out of it very soon

Admit it, you went too far. Bitcoin is not actully this important
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>>152344628

I dont see people buying blockchains. You havent really answered my question. So its not possible to counterfeit a bitcoin, that's a good start. But at the end of the day whats going to make the guy at mcdonalds accept that .0000001 bitcoin is worth a big mac? That 1 bitcoin is worth a car? What business would accept a bitcoin as currency when its so risky and just based on other people actively wanting it? Dollars are backed by law and the power of the u.s. government to blow shit up. Something bitcoin will never have.
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>>152344335
Nah I didn't get on the biggest rollercoaster in the world just to get off on the first climb.
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>>152344929
If I were in this scam, I would sell this shit out of it very soon

Admit it, you went too far. Gold is not actully this important
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>>152345100
>first climb
fuck off kid
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>>152345122
Bitcoin isn't used for anything except buying drugs or reselling it for cash.
>>
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>>152336398
Keep buying goys big investors are giving you shekels for now.
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>>152344071
it's still a bubble tho.
glad i cashed out everything i had into crypto a couple of weeks ago, the bubble could pop at anytime
>>
>when banking juden are THIS buttflustered people are abandoing THEIR brand of monopoly money for monopoly money (((they))) can't control and jew into oblivion with inflation

absolute state of central banking
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>>152345396
umm sweety, who do you think (((institutional investors)) are?
>>
What's in your wallet?: https://www.cnbc.com/2017/12/07/bitcoin-stolen-in-hack-on-nicehash-cryptocurrency-mining-marketplace.html
>>
>>152345067
>Microflashcrash
Does Bitcoin also have 79 different genders?
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>>152336398
What happens when a whale sells 2000 coins?
>>
Shit has to take a major dip, but like every dip if you catch it to late, most exchanges lock you out and prevent you from selling.
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>>152346123
Exactly. Usually takes around two weeks of shilling and pumping before this happens so the warning is made well in advance.
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>>152336498
This. They'll milk this cow as much and harsh as they can before regulation sets in, and they are expert manipulators of markets.

Expect a sharp and harsh crash to milk the normies, followed by investment banks scooping up at a pre-set price.
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>>152345221
Most people don't even use BTC for buying drugs anymore. They use trluly anonymous currencies like Monero.

BTC is only an asset to be used to trade against actual useful cryptocurrencies. The only thing BTC has going for it is that it was the pioneer of cryptos, and name recognition.

You could say BTC in itself is essentially the central bank of cryptocurrencies.
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>>152347135
How does monero work?
>>
>>152345863
bitfinex and coinbase are magically "temporary not available"
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>>152336398

Guys ill tell you right now, shit could go to the moon BUT BUT BUT are these exchanges properly funded to handle a HUGE AMOUNT OF sell orders in the next panic? Remember the panic sells on banks in 1920s? Yeah, stay away from Bitcoin -- very tempting, I used to trade it back when Mtgox was around, back when there was a glitch on an exchange would cause the price to crash, this isn't no different... Look at every single Bitcoin rise and fall, it always comes back about 75%... Could it keep climbing, yes of course... If it crashes, rest assured you will get NOTHING back.

"Oh but coinbase insures our deposits"

No they don't they insure USD funds when you SELL your bitcoins and it's in US dollars, your bitcoins arent insured... and when it crashes you sure as fuck arent gonna be able to sell, liquidity will disappear as big seller will take a 3000, 4000, 5000 dollar discount on their bitcoins, because they've been holding down in the accumulation zone around 190.


Have fun...
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>>152336398
its a bubble i guess
but if it would stop growing now it might stabilize
>>
>>152347342
Think of it like BTC, except when you make a transaction, it shows up on the blockchain with the amount hidden, public addresses hidden, as well as a ring signature.

Ring signature essentially means that you can choose privacy level, of up to 40 recipients. Which means that while there is only 1 real recipient, it'll include 39 fake recipients as well.

So the entire monero network keeps making fake transactions on top of the real ones, which makes it fucking impossible to track.
>>
>>152336398
You can invest in it as easily as downloading an app and it's in the newsame non stop. This is going to be the biggest bubble in history.
>>
If you are not at all concerned that: millions of dollars of crypto are stolen by hackers, exchanges shut down due to volatility and early adopters (steam) move away from the currency the price to dollars keeps rising, you are not doing a great job of convincing me this isn't a bubble.

Prices will likely move up in decent moves until etfs, other liquid trading vehicles are created. People are moving dollars in to get in ahead of this event. That said, an ETF should reduce volatility, and allow people to hedge any long positions they take now by going short/ writing options.

Bitcoin does have a technical problem as large block chains take too much energy and time to process, but this fundimental fact hasn't stopped people from pilling in.

Ultimately, currencies shouldn't be treated as investments. You might be right to expect a current to outperform another, but there are many more variables than liquidity, tech supporting security of wallets to consider. What countries will put arms behind the currency, what countries are accumulating (buying debt was how this was traditionally done) and selling?

As crypto can create its own economic spaces (see something as simple as crypto kitten thing) the real demand for these types of currency should rise. Crypto cats are like a real export of the ETH nation, currently purchasable directly only in ETH. All good fun to watch, but I'll take more modest returns; Seeking alpha and a much clearer understanding of tax implications.
>>
>BUY HIGH SELL LOW
THAT'S OUR MOTTO
>BUY HIGH SELL LOW
THAT'S OUR MOTTO
>BUY HIGH SELL LOW
THAT'S OUR MOTTO
>>
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if you'd look at past crashes you'd know why...
listen to this post
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>>152336398
It's new and exciting. Every single person I have ever talked to, including my mom that is barely on the internet knows about it.
It WILL burst, no question about it. It happens to everything in time. But it will recover and when it does, it will go even higher, even faster.
>>
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>>152345396
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>>152347746
A muttburger speaking wise words. RARE
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>>152336398

I thought at most I had 5 BTC. Whats $75k...no big deal, right?
>TFW you had 30 BTC and now have none

What emotion should I be feeling right now. I think I may be in shock.
>>
>>152336398
cuck coin is going down time to get out while you can.
>>
>>152347885
>It's new and exciting. Every single person I have ever talked to, including my mom that is barely on the internet knows about it
I see ads on TV for BTC now, thats when you know to GTFO
>But it will recover and when it does, it will go even higher, even faster.
yes exactly!
>>
6000 Bitcoin threads a day
The coiners need more suckers to buy at this crazy price so they can cash out
>>
>>152347861
I've only got 600 bucks worth of Bitcoin, which I made by putting ~10 bucks in on a whim two years ago. I don't care about getting rich but I feel like I should probably take that 600 out now to reinvest once the price drops.
But I don't know if that'll end up a net loss in the long run.

That said, I'm not sure I really care too much, considering my real "loss" would be around ten fuckin dollars.
>>
It will go up 1000$ per day until the price is 1 billion per coin.
>>
>>152347462
Hey, I sold a few days ago and I still left my money in Coinbase because I'm waiting for it to drop then I want to throw back in for cheap. That USD I have in there now, that's not insured? Of Coinbase flops, will I lose that money?

Any links to back this up would be great.
>>
>>152347998
You shouldn't care at all. Only people who deliberately held onto bitcoin and somehow lost it, lost a fortune. You didn't bet on a horse. A horse that won.
>>
Its down Today, A typical retrace after a yuge run up.
>>
>>152347998
you are thinking in past, and future. this always leads to depression, and fear.

only think in present. what you know now is what you learned from the past, and the future is just an outcome of what you do in the present.
>>
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When you come up with schema of exchanging fake Monopoly money on real shekels..... I wonder who came up with this idea
>>
This is real and legitimate growth.
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>>152348069
I just saw one at the gym, hahaha, I thought I was losing it. It's the housing market again.
>>
>>152348250
>urst, no question about it. It happens to everything in time. But it will recover and when it does, it will go even higher, e

One day youll think that and it will never return back again...

have fun, good trading logic, seen you and the other 90% on other side... of the check out counter at the local grocery store.
>>
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>>152348069
das mania phase
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>>152336398
you can't go to the store with btc and you can't go to the bank and withdraw your btc. this is like that play with stocks game i did in high school economics class. fun but worthless
>>
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>>152348225
I'm 32. I've come close to wealth so many times, but never quite kissed the Sun. My wings end up melting and I end up back here.

I don't know if God is telling me to keep pushing, next time might be it, DON'T GIVE UP, or if the message is that my wealth is here, with my family. My house is paid off, I have almost no debt, and I'm still breathing under my own will. I feel somewhere in the middle I guess.

My gut is telling me to get in on the 420 boom that will be coming in 2018, I just gotta figure out the best way to go about it.
>>
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MP3S DON'T HAVE REAL SOUND IN THEM
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>>152348703

shut up you stupid annoying fuck
>>
>>152348766
this
>>
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>>152348685
I keep seeing these posts. Are you guys shills, or just retarded? Do I need to post screen caps of the shit I used to buy in BTC from online retail? I used to get chunks $500 at a time. I could be living off BTC right now.
>>
>>152348766
>>152348832
kek you guys are cunts
>>
>>152348685
Same here. All the people who have millions should try and turn them into real money.
>>
Am I the only one who has never had issues turning BTC in cash?
I cashed out on MT Gox when that was still operational
I have used localbitcoins to sell them in person
and I also never had an issue cashing out from coinbase
where does this meme of "no cash outs" come from?
>>
>>152336498

Dump and Pump
>>
>>152348899
Either shills or just retarded /pol/tards, pardon my language.
>>
>>152347940
Nice pic
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>>152349305
t. coinbase
>>
Is this the biggest pump n dump of our time?

Now that they've got the normies hooked I bet there's some big players making a lot of money out of this
>>
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>>152350030
I won't shill for them
they made me delete my account for sending too many bitcoin off site without explaining what I was doing with them
>>
>>152348703
Maybe you can be rich in life without money. Have a good job, come home to a wife and kids, weekends doing stupid things with the family just to make them happy. You're not focused on the right things anon.
>>
>>152336656
Kek, it hit 15k and is nearly at 16k before this thread even hit the bump limit
>>
>>152350649
God damn it Marcus, stop buying drugs off the darknet.
>>
>>152348703
Alright I'll try not to be a cunt.

Have you learned any lessons from your mistakes? The story of Icarus is where your answer lies. You become happy when you get the chance to acquire wealth. Ecstatic even to the point where you feel overconfident. You ignore the warnings, wanting to go even higher when you should be cashing out.

The general guideline is that you should set goals. You seem to be able to find opportunities, but you don't set end goals. What kind of returns are you looking for? Find an opportunity, and find a limit that you're comfortable with.

I'll use a general stock market strategy. Anon buys 400 shares of FAGT for $1.00. With 9.90 in fees to buy and sell ($4.95/trade), all he needs is $1.03 a share to break even with a little profit.

However, he knows FAGT can go higher than that. Volume hasn't slowed down at all and it's ready to rally higher thanks to the knowledge that FAGT is patenting new technology.

That sounds good but it's not a miracle. Patents are made every day, so Anon sets his limits at a 40% gain. He sets his limits at $1.41 just to edge a little closer.

The next trading day peaks at $1.51 and closes at $1.02. He cashed out at $1.41 which wasn't the highest, but he didn't get greedy. He made a bigger profit than if he waited for it to go up forever and get burned at $1.02. If he believes this company has promise, he can now buy more shares.

This is how you can build your wealth safely. Know your limits and it'll come to you.
>>
>>152350703
I was until this news came out....now I feel the need to acquire shekels. The prospect of living like old money off of some newfangled gold rush is oh so enticing.

A few weeks ago All I wanted was my health, my family, a prosperous garden, and some bee hives...now I find myself firing up my GPUs and restarting all my old wallets. I just stepped back 5 years.
>>
>>152350649
>>152350823
srsly Marcus, what did you think. Irene isn't amused at all.
>>
>>152342880
>Biggest ponzi scheme in human history.

it is the biggest ponzi scheme in history but we aren't at the peak just yet. hold for now.
>>
>>152343810
>Blockchain tech has a great potential. Not to mention the other interesting prospects like electrum - smart contracts.

the useage for bitcoin doesn't justify the current price. the current price is based on speculation. but that doesn't mean you should sell. it'll keep going up. sell once your 7/11 cashier has bitcoin investment.
>>
>>152350649
>doing anything with coinbase other than immediately transfering the coin to a hardware wallet you control
>actually buying things and operating out of your coinbase wallet

You brought this upon yourself. Exchanges are a huge risk and you don't actually control your coin. Completely defeats the purpose of having crypto in the first place.
>>
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>>152350937
>limits

it's true. If I sell low I wish I 'd sold high, and if I sell high I wish I sold higher. Never happy unless you sell at the peak so you can look down marvel at the achievement.

>I held too long
>I didn't diversify
>I trusted money with startups

All in all, if anything I broke even at the worse, but seeing my past balances and the money that vanished with shit companies like butterfly labs and cryptsy leaves a bitter taste in my mouth.

At least I didn't end up dead when the silk road went under. I'd rather lose $5k than my neck any day.
>>
>>152336398
Better dump before everyone dumps!
>>
>>152343967
>Tulips in the netherlands were 'decentralised'
lol retard no they were not
you dont have the slightest clue what decentralized entails

so many deluded goy on pol, crypto threads are always so cringy here. Too many boomers and scared shills I guess
>>
>>152344849
>oy vey goy until I SAY SO it means NOTHING

hahahaha now you see why kikes are so angry

the cattle are subverting their owners, oh how the turntables.
>>
>>152350823
I did this and was an early investor in a ponzi scheme in which I was able to cash out the week before they ran with everyones coins. made like 20 BTC
>>152351440
>>152351440
>>doing anything with coinbase other than immediately transfering the coin to a hardware wallet you control
ok well I almost always did/do this. now what?
>>actually buying things and operating out of your coinbase wallet
it worked fine though. fuck coinbase anyway
>>
>>152351469
Selling at the absolute peak and trough is like catching a falling knife. Very risky and you'll be very likely to get hurt.

Remember bulls and bears make money but pigs get slaughtered.

Tell you what. I'm feeling nice. There was a good thread on /biz/. Gook made a ton of money and will help you find the right psychology and attitudes to make money in the markets. He's not a coinshill, which is super rare for a /biz/ anyways.

He's helped me out, and I'll help you out.
>>>/biz/4715211
>>
>>152351015
Get out of it man. Be in the present, focus in your family and get your priorities straight. You could be homeless, but your not. You could be rich, but you aren't, that's not bad man, nothing wrong with middle of the road and technically, your way above the average American and far above the average human. Don't stress man, focus on being content.
>>
>>152352146
I'm tempted to just sell off what I have left and move on.

It feels like in this culture that if you aren't trying to break a million you're just a lazy piece of shit. I wasn't feeling bad, and then thought that maybe I should, and after running numbers and seeing six figures, I started to think that I had fucked up by not being psychic.

>>152351886
will check it out. Thanks.
>>
What happens to Bitcoin when/if a more secure block chain is developed?
Are we seeing institutions buying?
Are these buyers all internet users buying fractions of coins?
>>
>>152352557
>will check it out. Thanks.

>tl;d sell on dec 17 before cme to be safe
>>
>>152352557
Godspeed faggot. I don't know who the hell you are but you're here. I want everyone who has the will to succeed to be given everything they need to succeed.

Pursue the truth of how life works anon. There you'll find the gold nuggets.
>>
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>>152343525
Sure thing leaf
>>
>>152352653
>Bitcoin when/if a more secure bloc
BUY THE FUCKING RUMOR SELL THE FACT MOTHERFUCKERS!
>>
>>152336398
it's a chinese bubble, an enormous amount of chink wealth is going to vanish when it pops
>>
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>Be NEET
>watch btc since it was at 4k
>apply for job, knowing this shit is gonna explode
>Get called for phone interview, fuck it up because don't speak good French
> job likely landed by some moroccan/Algerian
>Get to watch all this wealth I could have had fly away like a puff of dust in the wind
>>
>>152348369
excellent thinking
>>
so if someone wanted to sell a ton of their bitcoins or cash out to a fiat currency that has value in the real world, is it possible or is it a very slow process? Or will you be stopped midway?

Cause if you can't cash out, say, your millions of $ worth of bitcoin, then you're just forced to take a roller coaster ride.
>>
A few moments ago, it was up 25% in ONE DAY. I'm staying in. I'll ride it around, but that's crazy.
>>
>>152336398
>I've had BTC for ages
yet you purposely hid your portfolio value
>>
>>152354911
>so if someone wanted to sell a ton of their bitcoins or cash out to a fiat currency that has value in the real world, is it possible or is it a very slow process? Or will you be stopped midway?
>Cause if you can't cash out, say, your millions of $ worth of bitcoin, then you're just forced to take a roller coaster ride.

Most the exchanges have set limits on what you can sell per day, but there are large holders that can fuck all those people over. Everyone that owns BTC should sell as much as they can TODAY. This shit is crashing very soon. I cashed out. The ride is over.
>>
>>152351886
That is some damn good points you made.

Listen to this man, it's about making money, not losing it. If you made money, be happy and spend it on your family and yourself this Christmas, I know I am.
>>
>>152352557
I sold at 10900, sell now and make better profits than me. That goal is to make money and you did that, get out now, this wave won't last forever and no, you can't predict when it will crash but keep some money aside for when it does.
>>
>>152344936
It's essentially virtual gold. Do businesses accept gold as payment? No, you're expected to sell your gold before purchasing a product.
But gold still has value despite not being backed by "blowing shit up".
And back to this business thing, businesses might actually end up accepting bitcoin. The reason businesses don't accept gold is that 1) it's difficult to verify the authenticity and 2) it's hard to count. Both of these aren't a problem for bitcoin, so in that sense bitcoin is better than gold.
>>
>>152355751
>you can't predict when it will crash

when everyone on twitter is talking bout bitcoin
when everyone on facebook in talking bout bitcoin
when everyone irl is talking about bitcoin.

we aren't at the peak just yet. But if 11k was your risk tolerance then that is what matters for you.
>>
>>152355893
Gold has historical data to back it up, has been used as currency for most of human history, has real world applications and humans have been using it for jewelry from thousands of years. BitCoin has none of those, and yes, I still have money in it but I recently sold most of it and made profit.
>>
>>152336398
Coordinated pump by early adopters to get all the cattle to buy in before the dump and cash out.
Some people are set to make a lot of money, most are going to lose their ass.
>>
just wait until 2020 when all the coins are mined and all the miners switch to another sha256 coin ...
then btc will only see reversals. its almost over for btc, just a few more years left
>>
Kek, I put 500$ in last night for shits and giggles at 13,900

Thank you cryptokikes
>>
>>152356216
>Gold has historical data to back it up
And Bitcoin is digital gold. The digital age has just begun.
If you could travel back to the iron age and buy cheap gold, would you? Of course you would. I doubt you would convince me otherwise.
>>
>>152356032
Yeah, I'm just tired of worrying about it, honestly, I would have stayed in but it's too intense right now, not worth it. I made money, I'm happy, I got in a year ago, like a little over a year ago. It's too insane right now and I hear about it on the news almost every morning commute. With so many new people coming in now and thinking this is the new gold rush just seems had to me.


Like I said, I'm happy, I doubled my money multiple times, so it goes to 20k and missed out doubling one more time, forget it. I love craps, but I know when to walk. A few days ago was my time to walk.
>>
>>152356494
No, it historically has a 1% return, it's shit. But yes, if I could go back in time and buy gold with an inflated dollar value and hide it until right this moment, then yes since that's profit, but that's hypothetical bullshit, hindsight is 20/20, enjoy chasing those sheckels, goy.
>>
I got a 9500 GT, how do i bitcoin?
>>
>>152356494
>And Bitcoin is digital gold. The digital age has just begun.

just because bitcoin is digital gold and the digital age has become doesn't mean that the peak value btc reaches will be the fair value of btc in the long run. in other words it's a bubble right now and once the speculators leave, then it'll hit the fundamental value.

read>>152356032
>>
>>152342880
>Biggest ponzi scheme in human history.
that's the social security/public pension system
>>
>>152344936
>So its not possible to counterfeit a bitcoin
It is possible. The database is distributed. Enough coordination can create a false ledger.
>>
>>152357068
Bitcoin - $227 billion
Social Security Liabilities - $87 trillion (x383.26)

We are so fucked when that comes due.
>>
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>>152357692
>>
>>152359032
Oh god these somehow get even worse with each one.
>>
If it has a significant dip, there may be a ripple in the economy. If it were to have a crash, watch out. The ptb are frightened of it getting so big.
>>
>>152359350
They crack me up, but yeah.
>>
>>152343810
But mainstream areas are turning away from bitcoin because its recent volatility has shown it to be less of a currency and more of an investmenr vehicle.

If you plan to ever actually "cash out" your bitcoins into goods and services as opposed to just selling them to investors, this recent development should worry you.
>>
>>152361600
Got any more? I have a feeling mid-December we're going to see a lot of these.
>>
>>
http://archive.is/hvFKM
>However, the planned launch in the next 10 days of futures contracts by the Chicago exchanges CME Group and CBOE Global Markets, given a green light from the Commodity Futures Trading Commission last week, has prompted a backlash among the major brokers who backstop trading across the industry.
anticipation of this is why the price has kept going up this week.
its also all thats stopping bitcoin going to the sky, once big money can hedge against positions it will be a lot more secure to offer to investors, when youll see a flood of new money pour in.
>>
>>152362232

[THIS IS WHAT PEOPLE THAT SUNK MONEY IN BTC AFTER 2014 ACTUALLY BELIEVE]
>>
>>152362451
>among the major brokers who backstop trading across the industry
(((major brokers)))
>>
>>152362550
>According to a letter from the Futures Industry Association, the main futures industry lobby group whose members include all the largest Wall Street banks, to the CFTC, the rapid introduction of bitcoin futures “did not allow for proper public transparency and input”.
>The lobby group represents some of the world’s largest brokers, including Goldman Sachs, Morgan Stanley, JPMorgan and Citigroup.

too many (())'s to type, these are the people blocking it
>>
Bitcoin price rising is, at this time, proof quantum computation on any significant level doesn't exist.
>>
>>152336398
oh wow you shills posted more than once this time, getting smarter?
>>
>>152342045

What would it take for you to donate 3 Bitcoins so I can pay off my jew student loans?

I studied economics so it wasn't a waste, I'm just losing a shit load of compounding interest.
>>
>>152344624
It's gotten too big to manipulate. Market cap of bitcoin is a quarter of a trillion dollars. Not possible.
>>
>>152364439
It proves that private companies don't have quantum.

If the NSA has it, there's no way they would show their hand by dabbling in BTC.
>>
>>152367096
NSA, sure. CIA always needs off-the-books money so they don't ever have to answer to the President, Congress, or the People.
>>
>>152348197
I have the same situation and wonder the same thing. I'm pretty sure that Coinbase is not insured. If it were, they would say "FDIC Insured" all over their website like a regular bank does.
>>
>>152361874
Sorry, I was in a work meeting, just Google "pink wojak" in images and they'll come up. That's the name, it's popular on /biz/, not porn but I wouldn't Google at work.
>>
>>152362232
Thanks cracks me up.
>>
>>152369071
Understood. Go kick ass at work burgerbro. I've got finals to study for.
>>
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kikes and good goys absolutely terrified their current system which is a massive bubble is coming crashing down thanks to the correction from a superior system known as cryptocurrencies(hint, bitcoin isnt the only one, its actually the worst)
>>
>>152367630
Yeah, that does make me nervous. I still want my cash in there to buy on a dip.

I just did a Google search and it does say the USD wallet is FDIC insured. Looks like just USD though, works for me.
>>
>>152344859
ETH will always be slightly inflationary. Mind you, less inflationary than real world currencies, but it's still something to be mindful of. I invest in both ETH and BTC.
>>
>>152369649
Finals, I miss college man, so much fun just studying and getting so into it everything else doesn't matter, the debt though fucking kills me. I just hope my kids can get full tuition covered or most of it.

Good luck Universitybro, kick some ass.
>>
>>152369749
BitCoin not being the best is what really gets me. Personally, I'm trying the find the most efficient one that is also popular and I want to buy once the whole BitCoin thing pops and HODL that stuff. I'll still buy on the BitCoin dip when it happens, but I don't mind throwing some of it into better technology.
>>
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>>152370023
Hope you strike it big so that it won't burden you any further.

Save this for later. Hot stock tips from datamining thread.
>>151740849

B7Kw4NxG is who you should search for. Other faggot also recommends MBOT but right now it looks bot-traded.

I made quite a bit off of OHRP, although it's only good for shortselling right now. All the hype died down so it's a buy and hold proposition if you can nail a $1.24/share buy if Phase III testing goes well and acquisitions are in the news.
>>
>>152342466
Funny because it doesnt matter. Everything is paper money unless you trade gravel for food. Doesn't change the fact that btc going from 10k to 15k in 2 weeks made alot of people alot of paper money.
>>
>>152366372
get a job faggot
>>
>when your BTC gains are offset by ETH and LTC losses
>>
>>152370858
Fuck yeah, thanks man. Shit, that's some penny stocks right there, I'll check it out and check out the other thread. Are the coming out with a new drug?
>>
Don't buy now. It will inevitably dump and then rise again like it always does.
>>
>>152371837

I have a great job, I'm just sad I'm losing out on so much compounding interest cause of debt
>>
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>>152336398
>not selling 1BTC a day at these prices to divest your overpriced commodity
>>
>>152336398
I tried to sell on Coinbase, and they locked out the Sell Function. YOU CAN'T SELL YOUR BITCOIN NOW!!! GONNA CRASH
>>
>>152371941
>TURBO AUTISM GOOOO
The rundown is that OHRP has been able to make a treatment for wet-AMD (Age-related Macular Degeneration) which basically means blood vessels grow under the macula and retina, which leads to a blind spot in the center.

OHR Pharmaceuticals made an eyedrop solution that you drip in, and blinking transfers the medicine all the way to the back of the eye to stop blood vessel growth (anti-angiogenic factor). Basically this stops any further degeneration of vision from Platelet Derived Growth Factor (PDGF) and Vascular Endothelial Growth Factor (VEGF), both of which congregate in very thin tissue layers of the eye. It won't fix bad eyesight but it'll stop the descent into complete blindness.

Its main active ingredient is squalamine, which is the anti-angiogenic factor. You'll recognize this as a shark liver oil derivative. I'm not sure where they source it though.

Market reach is estimated to have a patient base of 1.75 million people in the US alone (over 40) and currently 200,000 new cases appear in the U.S. alone, but with boomers retiring and health crisis imminent, that number is bound to go up.
>>
They also have promising Phase III testing. Usually if it goes beyond Phase II then it's a viable product. The hopes are that this company will go under acquisitions under a mega-pharmaceutical company.
>>
>>152336398
>14888
neat
>>
>>152336398
Well, someone just sold their pedo operation...
>>
>>152341654
I'm really only in it because my jewpetrobucks are not a safe place to store wealth long term
>>
>>152373950
>>152374257
Awesome! Thanks for the heads up. I'll check it out.
>>
>>152376470
That's correct. For every dollar is added through inflation takes away from what people already have. It's why people feel poorer every year or even every month, even with rising wages.

It takes due diligence to protect the money you've earned, and the only way to protect it is to grow it.

There are many ways to do it. Bitcoin is just another commodities investment at its closest, although it acts like a currency.
>>
>>152348184
esoteric hitler digits




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