Bitcoin update

Etsy and Amazon take btc… There are also dedicated BTC stores. The only reason many are hesitant, is because of the wild price fluctuations. If it ever stabilizes, then it will become just another currency on the exchange.

Another shitpost about shitcoin, shilling it and calling people who dont buy it insulting names, trying to pump the price up. Reported. Prepaid visas/anonymous bitcoin purchases, they arent viable or an option at all. Shitcoin. Shitcoin. Shitcoin.

At what point do you question being in possession of encrypted data that you cannot decrypt?

I'm not trying to be that guy, but bitcoin will never reach a 2 trillion market cap. The market is too damn volatile. I don't feel like paying $500 for a roll of toilet paper one day and then $10,000 for a McNugget in 2017 USD.

(checked)
The "value" and the shilling has my paranoia peaked. No one knows what they are computing, and yet they do the computing anyway. My gut tells me BitCoin is being used to spread child porn to everyone so that everyone is guilty; allowing the ZOG to have carte blanche to dispatch its enemies on a whim should its enemies become to vocal or powerful.

I won't say how much BTC I have, but like… double digits.

What do?

You hold them while working a real job and contribute to society while you get rich. Then retire and hand your kids valuable lessons about life.

That is all.

tl:dr; HOLD YOU NEGRO

I think it is overdue for you to use the right fucking board for your fake money.
>>>/biz/

There are currently 1319 different crypto currencies listed here: coinmarketcap.com/

Most of them are not kiked.

Forget BTC. It's too manipulated. But do some fucking research and get yourselves rich. The top 12 crypto currencies now each have a market cap of over $1 Billion.

They allow you to send value without the government OR the banks getting involved.

This is how we beat the (((central banks))).

Bitcoin Core development is funded by Blockstream, a company funded by AXA insurances. CEO: Henri de Castries, Bilderberg group president.

Bitcoin's meteoric rise in price has been pushed by fraudulent emission of fake cryptographic dollars called tethers, by a company also running an exchange and using these fake dollars as collateral to engage in washtrading on their own exchange.

You read that right. A collateral backed by nothing. Some idiot scammers in East Asia playing central bank with cryptocurrency, and nobody saying "stop" even though Bitcoin was created to defeat central banking.

The blockchain is fantastic technology to decentralize all kinds of institutions and reclaim power from hostile governments, and economic power is the most important of all. However, with a different implementation it can just as well turn into a surveillance tool for elites to tighten their grasp on their slaves.

Bitcoin Core currently faces strong pressure for transactions to occur offchain through centralized (= controllable) payment processors. Its popularity poisoned the well by attracting kikes to it.

Ethereum is insufferably reddit in nature, but remains a better solution to create censorship-resistant systems. Posts like who can't even spell the name right are retarded rants with no substance. It's more accurate to think of Ethereum as one of those projects by leftists who believe in the legitimacy of their ideas then act dumbfounded at the results, like the innumerable artificial intelligences that "mysteriously" end up racists. In the long run, a decentralized internet could allow for websites like Holla Forums to be run without servers nor central authorities; no government, no mods either. Changes and bans can be handed out through popular vote, as people can be identified in the system without the data being exposed to anyone nor any tie to real-life. There's all kinds of new and interesting dynamics you can access with those technologies.

To add: there are indeed many, many cryptocurrencies available. The cool thing with it is that if even one of these systems mature, nothing stops anyone from copying the codebase, launching a network impervious to coercion or censorship and inviting like-minded folks.

Great days ahead for those who want to share truth and facts. Not so much for those who try to suppress free speech.

you buy blockchain stocks? i just fucking killed it today with a couple. sold off some, but i might go long on one or two. they are all getting pumped like crazy. obvious pump and dump, but keep your stop sells tight and you can profit off of all of the gnats wandering too close to the light

You have never used Btc. One transaction miner fee costs $5-20 due to the thieving cryptokikes at Blockstream and BitcoinCore.

Here is the problems retard.

In many nations around the world, you would have to declare the profits made by bitcoin (once converted). This makes bitcoin not very efficent to people.

Bitcoin is not used as a currency at the moment. Once people bought them (or mined) they keep them to sell them off for a higher profit in the future. This is a serious issue because now bitcoin is a asset similar to stoks and not a curreny.

Nations with a high inflation or in unstable political or economical situations consider bitcoin a serious threat. Especially China is having major concerns about it. So in the future bitcoin will have a very uncertain future.

The MAJOR problem bitcoin faces right now is that it can not rationally maintain a currency status. Every currency is used for transactions, we have many million transactions a day with every national currency. But bitcoin is not able to do this. At the moment it takes way to long (10min) for 1 transaction (world wide) to be processed. Blockchains or bitcoin is designed that all transaction gets put into a single list and each package gets processed by priority. So for blockchains to work you need a huge number of computers working on working off the list to speed up the transaction time.

For this reason bitcoin is temporary. It will die at some point in the future. We need to wait for a good predecessor that will be able to process much more transactions than bitcoin is currently offering.

I knew bitcoin was going to shoot up in value, I could have made some bucks off it, but I refuse to participate in short term projects that have no future and live of the hype.

WAIT?

As I explained there are 1319 cryptos listed on coinmarketcap and you want to wait?

There are hundreds of solid alternatives to BTC. Do some research.

The good ones I am waiting for (which offer up to 300,000 transations a time) are currently still in development.
The technology will be ready for the market in about 1 or 2 years.

Cool. Thanks. I sold half of mine when they were 1200 before the first crash a few years back. These are the ones I hung on to… Mostly because Coinbase banned me so I had no way to easy sell them back for profit.

Bitcoin is not used as a currency at the moment. Once people bought them (or mined) they keep them to sell them off for a higher profit in the future. This is a serious issue because now bitcoin is a asset similar to stoks and not a curreny.

I've bought physical good with it and donated to people that I like… It's a great way to support business and individuals you like. Some of the guys I enjoy are banned from using Paypal because they're "racist" or whatever.

This thread shows me that some anons have very little education about economics.

I have made $47,000 off bitcoin, $17,000 of etherium and $20 off dogecoins. Invest in some EOS now while it is low.

That is not a good comparison. Also stocks are dishonest because of certain (((influence))) and they are bubbled. Your investment in stocks is more-so underscored by your confidence in the USD.

A better comparison for bitcoin is gold, shekles, or swiss francs. Or if you think the west will collapse, then Indian rupees or south african rands.

This is not the use-case for bitcoin. At this point, less than 1% of the market is used for drug trade. The vast majority use it for other reasons. You are either a victim of the dunning-kreuger effect or a subverter. I suggest you educate yourself about bitcoins and economics better.

The market is way too big for these sort of effects. A recent, massive, publicity stunt couldn't even short bitcoin. I understand you're adverse and apprehensive but you should research before you speak. Like if you choose to disagree, you'll be much more effective if your words have teeth.

This question doesn't make sense and does not apply to the bitcoin protocol.

It's already over 100b, so reaching 2000b is not out of the question. If you speculate this, then could you explain to us all why? We'd be interested to hear your thoughts.

There is a nugget of truth to this. Child porn is inside the blockchain, it was placed there by a deliberate and malformed transaction a long time ago. So anyone who runs a full node does, technically, possess child porn.

Continue to hold it and don't be encouraged to sell easily. When you do, the government will see a large movement of fiat money and ask for taxes. It could yellow-flag your social security number if you don't do things right. So be honest and careful in regards to taxes. I also have a large amount of bitcoin and I've always regretted selling it. No matter the price, it always felt at the wrong time. Now I'm left with a two-digit number like you. I've sworn to never sell another one until 2022. You've be VERY wise to at least wait until the next block halving.

You are suggesting altcoins because they are LESS manipulated? Give me a break. If you want stability, the bitcoin is by far, by LONG and far, the most stable coin out there. It's the one that all serious investors are looking into. I don't think you're uneducated, I think you are a subverter.

Obvious bullshit is obvious, everyone that uses BTC can tell how cheap a miner fee can have a transaction confirmed on the first block mined, right now transactions confirm for 0.0000027, which is $0.03USD

You're an idiot or a lying jew

Just leave, yid. No one wants your fiat.

So lets say I have 10 BTC in a few years from now. How would I change that to dollars or gold? There's no easy way to liquidate it, which is my concern

This. We decide what is popular. When the time is due we launch our own esoteric coin that incorporate gets in its reward system.

You can sell it in the exchange where you bought it and transfer to your own bank account
You can sell it off in person
Or the entire point of bitcoin, which is, in the future, you won't have to trade for fiat. You will be using bitcoin.

Bitcoin IS fiat, dipshit.

It's not bitcoin, it's the entire network, it's already worth quarter of a trillion.

whut…? Not the obvious "how do they process all that surveillance data".. instead some shit about (((them))) trying to plant loli on your laptop top kek..

This. The people saying "CRYPTO IS POZZED!!1!" are either kikes or ignorant, there's nothing stopping any of us launching our own.

Which government or state backs and issues bitcoin again?

Read this one again.

I'm not even going to touch this post because it contains so much disinformation. He is either a subverter or a man who made bad choices and wants everyone else to be miserable, too.

Remember to do your OWN research, come to your own conclusions. Nothing replaces a honest education. Use forums like this for ideas and stimulation, but don't move your money without a real understanding of what you're doing.

The reason the transaction fees are higher than before is because of the limitations in the block size. This was COMPREHENSIVELY explained by satoshi and the crew back in the ~2010s. Put it simply: this is a feature, not a bug. The goal is to treat bitcoins blockchain like a courthouse, and allow transactions to flow P2P across the internet.

I believe men like you say these things, because you aren't familiar enough with the protocol to understand that evolution was built into it. The goal was to raise transaction fees enough to completely replace block rewards, to keep the miners humming and the currency stops inflating. It was a brilliant idea really.

Ok you were right about everything up until the end. You are very educated and understand the protocol. May I point you to lightning.network/ and encourage you to read the protocol whitepaper and watch the powerpoint presentation? I think you'll really benefit from this idea.

Please explain the grounds for your hatred. We can have a quasi-academic discussion here, even if it's about something bad (or good).

Sell it on an exchange for dollars or gold. Then you can wire the dollars into your bank account, or have the gold mailed to you. I suggest bitstamp.net

It's very easy actually. Have you tried? Do a search for "bitcoin ATM" and you can visit one to draw your bitcoins for cash on the spot (for a small ATM fee of course).

By definition it's not. The issuing protocol is strict and well enforced. The act of having a stake in bitcoin enforces itself. Basically the more selfish you are with bitcoin, the stronger it becomes. It was built like that on purpose, which has given it tremendous strength. There is no man, or government on earth that can create a bitcoin out of thin air. It must be done properly. And as of 2013, there is no supercomputer in the world (which we're aware of…) that can outperform bitcoin's mining team.

He's not kidding. Last BTC tx I done about a fortnight ago was shifting about $20 out of a dead bitpay account. Cost me about $10 in fees & took 4 hours..

Until implemented this is just a cruise ship paradaise with no future coast to settle on.

Think about it. A lot of good plans for making a marketplace filled with transactions using bitcoins have come forth, none of them viable or usable atm.

THEY will never allow this independant market to exist.
They can allow blockchain because they can't fucking bring it down (although I toyed with the idea and it's feasable if you hold control of enough of computer that will IMMEDIATELY create transaction records in the same time) but market is what they will fucking fight with tooth and nails

No offense but you either fucked up with the wallet address you used which had too many inputs… or your exchange fucked you over in which case there's not much you can do.

In the USA I do my trades with coinbase they've never done me wrong.

Kill yourself kike.

Really moshe?

This guy is trying to sound like an expert. He isn't.

BTC is heavily manipulated by 'tether'. Fake USD created by Bitfinex exchange. There are other large manipulators too. Chinese 'whales' - meaning large holders.

I've been in crypto for years and I've never heard anyone talking about child porn in the blockchain. Never ever. That's just FUD.

And yes, a lot of altcoins are far less manipulated. The key is to get in early to the ones which have a nice spread of investors. From there they can only be pumped upwards…

Lastly, only noobs pay tax on crypto. Just buy some gold and sell it for cash.

>archive.is/aYq4W

>archive.is/v5Y4E

>archive.is/8QHK2

oops. meant

>archive.is/aYq4W

>archive.is/v5Y4E

>archive.is/8QHK2

fixt? formatting

Sounds familiar? Yes, welcome to kike economy 1:1. OP is a shill who wants you to lose money.
The price of Bitcoin has been artificially upped like fuck by kikes and is in a bubble. And every single time this happened in history of money, that bubble soon bursts. Instead of investing now, you should wait until the bubble bursts, the price drops and buy all the bitcoins when they're at an all time low afterwards. You know, when all the media tells you that bitcoin is crashing and everyone sells bitcoins in panic. Because that's exactly what kikes plan to do and always have done, and they might at least take over 30% of bitcoin get more control of the bitcoin market with this. Right now you can only invest short term, but long term would be financial suicide. Buy after the crash, not right now.

...

Limited-supply currencies will always fail because kikes end up hoarding it to make themselves rich and manipulate its worth. Same thing happened with gold in Rome.

It was the end of the line for Bitpay outside of EU/US, so yeah, they probably fucked me tbh. I've only ever really used BTC as an exit point.

jewish price target of $200,000.
Personally I'd sell at $10,000, that was my gut instinct three years ago and it remains my instinct now. Zimbabwe they're paying $8,000 per right now, massive local premium. It'll be eclipsed by a better coin (likely bch/ethereum in the short term, then an actually mature/good coin later on). This is going to be successive waves of ponzis, just ride the waves and profit. Try to get in early for each coin that gets shilled next. There'll probably be total coin exhaustion in 5 years time, at which point just get out entirely imo.

Bitcoin's main use wAaaas a placeholder currency for chinks to transfer liquid assets in a safe and extremely fast way, the old ways, such as buying a piece of (((modern art))) takes the course of several months and years, and requires a steep barrier to entry of at least 6 to 7 figures, compared to the old schemes chinks can use bitcoin and transfer their money into a Vancouver condomenium in minutes, not months
Today, the kikes found out, they have been pushing their own special crypto currencies, most famous and the highest current priced one (((ETH))) to artificially drive up crypto prices, it (((coincidentally))) happens to be skyrocketing the same exact time most corporations are taking their profits and buying back stocks, which the fact that all the senior executives are then selling all their stock in said companies they run and just artificially boosted the stock price is (((mere coincidence)))

TL;DR The kikes are exiting the market and using Bitcoin and kike coins like (((ETH))) to hide "their" shekels in New Zealand bonds and the like

So should I invest in ETH? I want in on this gravy train

And for a moment there i thought you were not a shill.
Remember the forced hard-fork, faggot?

It's not time to shill for Bitcoin until we finish killing off (((Bitcoin Core))), the version of Bitcoin officially endorsed by the Israeli Bitcoin Association.

twitter.com/MeniRosenfeld/status/922950273605226496

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(((theyre))) using bitcoin, they used (((ETH))) in order to gain access to the market and boost everyones interest in it, youll notice that all the fly-by-night cryptokike currencies that they made (((litecoin, jcoin ETH))) arent worth half what they used to be 6 months ago, (((theyre))) going to continue to subvert the marketshare of bitcoin with dogshit like (((utility settlement coin))) so they can try to control the market after theyve dumped money into it

Nigga, you don't know shit about inflation, right?

If shit goes south, the inflation kicks in and sooner or later you'll be paying 500 dollar for a can of coke.

you should never be buying soda

...

sage
advertising thread

HOW TO MAKE MONEY OFF CRYPTO?

reminder that after (((flowers by irene))) confiscated the Silk Road bitcoins, (((Bloomberg))) made a big speech about accepting bitcoin and the value went up precipitously (and hasn't really stopped since then)

I'd like my currency to maintain its value

You're going to be reporting your gains for every single transaction this year to the IRS, aren't you?

powercompare.co.uk/bitcoin/
archive.is/JSmqA
Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa

There are thousands upon thousands of bitcoin mining operations like vid related in China. Factory owners are shutting down factories and converting them into BTC mining operations because it is more profitable.
Small businesses in US and Canada often use their space space for mining BTC, even if their business is not tech related.

spare* space

This is how They constrain all transactions. Track all transactions. Strip anonymity from all transactions. Cashless society. Fuck up? They turn off your juice. But it won't matter, because there won't be anything to buy where your driverless vehicle was just remotely redirected to.

What do you think the net-neutrality nonsense is all about, really? The kikes don't really give a fuck about mean words on a Thai ladyboy forum..

this

don't forget that all transactions are stored in the blockchain. no one writes down the serial number of each bill when someone pays with cash

Then MakerDAO is for you, friend. The primary purpose is to be a stable currency. There is a coin for every taste and anyone can make one. It's beautiful.

And this is why we move to proof of stake. Mining puts too much power in the hands of people owning capital due to the efficiency gains of scaling. Ethereum will be moving to PoS soon.

It takes like two weeks to make a bitcoin transaction right now. So when the price crashes, only the people who start the crash will be able to get their money out. If you can make money mining fine… But that is exactly how people lose money on stock markets… The price goes down faster than you can sell…

>>Blockchain isnt a system to give (((them))) the ability to literally monitor everyone and control the future.

why do people do this

People are taking the stale meme shit seriously. I thought it was a joke. The coin has outlasted the fucking meme it was based on.

Shit's worth like a fraction of a penny, you can get an assload of them for a buck. Kinda tempted to dive into this, keep it 100. Hell, might be worth it to just fuck off $10 and see what happens 10 years from now.

tl;dr– should I consider investing in dogecoin or is just meme bullshit?

K

No, not it doesn't

Here’s what I am worried about. I fully believe crypto currency will destroy nations states.

How do we go about protecting the white race once nation states have been dissolved? Any white area that allows crypto can be infiltrated by non whites that have that crypto.

Politicians cease to exist. What bodies govern? Private police?

The future is so uncertain

it wouldn't be worth the effort of getting money into the system

The Sovereign Individual
Nation states are unnecessary these days and our own leaders are in most cases our biggest threats. Do away with them and continue to prefer your own people.

It’s fiat currency. It’s the most perfect fiat currency ever derived. It does not exist. It represents nothing. It can be increased in total at any time without any physical effort whatsoever. It’s the jews’ wet dream when it comes to economics. You cocksucking faggots need to stop (paid) shilling it before we neck you all.

Lol do it dude. You know that shit will get pumped sooner or later. Put 20 into doge and 40 into ltc. You will have 1000 bucks in 10 years lol.

your a retard dude its not backed by nothing. Its backed by numbers.. there are only 21 million coins and many of the first few million coins got lost when they were worthless. So these coins are literally rarer than almighty fuck and are incredibly useful for sending money over the internet. These coins are also almost totally un-hackable due to the enormous computing power of the network.

These coins arent going away. Be game or be lame goys.

The elites will have a hard time investing. If they buy 1 billion dollars worth of bitcoins than people could switch to litecoin, monero, or bitcoin cash and they would be left in ruins.

We have a better chance to out do the paper currencies with BTC than anything else IMO.

You people are retarded… crypto is just a way to get us off of cash and track literally every single purchase we ever make.

fucking lol

Agreed, whole heartedly fucking agreed. This is why I still stack an ounce of silver a week. Fucking plebs man, tullip mania mother fuckers. If you dont get arrested by the jew for money laundering you will get a "btc chip" in your hand and think your so cool … Meanwhile nwo excom crsshhhk going dark .. Fading .. To black … Hook noses … Krsshhk.

Checking those id trips … Scrumptious.
People actually think deflationary is a good thing, as soon as it becomes too expensive for lower class chads to buy that 10k+ price point will bottom. And a system that only handles 20 or so transacts an hour. Id love to see these crypto junkies cash out when the going gets tough. Stack physical silver you shit tier scum!

And yes, I am a self confessed "chris duanne" silver bug. If you dont hold it you dont own it. Going to get that shit tattooed on my testicles.

Enjoy being poor, dinosaur.

it's 11 transactions per second
you don't have to buy the whole bitcon

people like this deserve to be hit by financial crisis. at least do your fucking research right.

This site on the up and up? Looks like I can do a quick purchase through paypal or with mcc so it shouldn't be very much work at all.

for what it's worth I think we should stop convincing these retards to save some shekels to buy bitcoin.

Ok sally, you fucking want a slap?
Even if its 11 a second, how many hundreds of millions of you faggots own this? And yes i cannot wait for a financial crash, when all those hundreds of millions try to take out their money from a crashing bubble, whats stopping another mt. Gox? With only 11 transacts a second i can garuntee that wont handle any market instability.
The best part
But you want people to heavily invest in this and only own a marginal fraction of one bitcoin? My point, you fucking air head, was that when it hits its peak (anywhere from 10k + … That means all the way up to 1m +)
There wont be enough decimal placings for any sane individual to want to fork out hard earned shekels for jewish 1's and 0's, are saying put the house on it when it hits 1 million? My point is deflationary means at one point the demand WILL drop, no sane soul will want .00000000001 bitcoin for 250,000. Fucking christ almighty its like conversing with 6 year olds.

Enjoy your kiddy porn tor faggot

The value of bitcoin is based on market sentiment. I have noticed a lot of normalfags mentioning it, financial trading firms promoting it etc. Personally I feel as if it's hitting peak popularity at this stage of the cycle, and am looking to get back in once this popularity fades.

The other factor is that next time the regulators and governments will probably crack down on it hard because it may present a genuine threat to other currencies during times of turbulence, especially if countries start to go cashless and impose negative rates etc.

Ethereum chief strategist

I'm no expert and I could not give a fuck about the theory behind it, all that matters is that these imagionary numbers make me money that would otherwise rot in a high interest TFSA account. EOS started half a year ago and has steadily increased in value since, and continues to increase.

for increase throughput like transactions per second there's a roadmap after this segwit stuff is being implemented right now

evidently there's a huge sea of scamcoins out there for you to hedge.

you're not opportunistic enough to ride and profit to this wave. enjoy hating on the sidelines

i hope you get rekt by jp morgan lelmao

Alright ill give you that. Brilliantly put. But its comfy as fug out here and im just funneling my hard earned into silver instead. I know i could have done it 10x10x10 fold with btc. But why risk it and why support it. Shit could go down any moment and what if you miss the boat to convert you digital to physical? Why play their game? Jews are best and earning money, why not convert to generational wealth your grandchildren will enjoy?

just stick to your niche man. I love bitcoin because of high liquidity in my third world country and muh bubbly tulip.

And thats fair, for high liquidity i endulge on the stock market with weedlmao companies and lithium miners. Only cause hype and easy money, i just see btc as the honeypot of all honey pots and pyramid/ponzi with no equal. Until i could buy a bottle of milk with btc would i ever go in penny for pound.
Hello little child, did yu wander in from facebook lolz time and get lost?
Let me make english out of this apparent chinese to you … JPM are evil yes, but they hold the biggest shorts against gold and silver on the commex gold and silver future paper market. They manipulate the SP of physical down … Whilst stacking physical siler and gold. Easily researched so burden of proof is on you. So when you see how many billions (with a b faggot) of physical silver ounces jpm own, your brain might piece together that they are holding that price down and stacking for a reason. Now lets see if little 16 year old can figure out the bigger picture

wew lad

How do you know so much about me
I might live in the cuckholded states of australia, but i own several firearms, and even partake in such fun hobbies (the likes of which the general shitposter would never dream of doing) as going metal detecting and hunting. I love that the junkies only arguments are

This

And this…the worst is not that they are not paid shills,most genuinely believe it's the greatest response to the central bank kikes,and if by shilling it they can also get some profit due to more users even better.
I know the market will grow,there are too many retards on earth who know nothing of it except that it's growing and it will make them money.
In it i only see the kikes will use it as a floatation device when the dollar collapses,i always wondered what the plan was since debt creation and inflation couldn't just keep growing forever,i think they'll go with it for as long as they can while hinting at crypto so people see an alternative to it…
Unfortunately the alternative it's even worse,they can pump and dump it like a bitch,they can trace you,they can block you and they can simply and finally laugh at you when you literally have nothing but a token that's only valid in their carnival,once you get kicked out for being a bad goy tough shit.
And it's the greed and good intentions that drives the shilling.

And that is a perfect comment worthy of screen cap and to be meme'd to stardom. And for all of those reasons I stack physical and I grow my own vegetables and drink my own water. If its convenient, its a trap.
I mean fuck a decade ago us conspiracy tards or tinfoilers where laughed at for saying they will bring in a micro chip based economy and digital currency and cashless society. And now they are doing it, and we still have the same sentiment, yet the fucking idiot masses then sit on the other side of the fence sperging into infinitum about how much "money" they are making. And how its fighting the system and its etc.etc.
When i bought drugs on silk road, the hardest part was getting your bitcoin back to cash. Nye on impossible. But these faggots think they are on the winning team.

...

Thanks man,I feel sad to see the same mixture of good intentions yet misguided efforts that I see in college socialists,most of them get blinded by their greed like socialists get blinded by their self righteousness,it happens to me all the time that I have to stop over and think if it's me willing to belive something because I have invested on it and thus I want it to be true or is it genuinely true,and after I given it some thought I do still believe I've chosen the right path,be it ideologically or economically.

I dont mind people and specially non kikes,good ol NEETs and channers getting money from it,I'm genuinely happy for them but,don't go balls deep shilling and don't fall fully for it,have something out of their system,if you want to invest and make profit from lemmings,and other greedy normalfags and NPCs you are doing it correctly,but if you think this is gonna hurt the jews,and this is gonna break their system… you know nothing about how they can fuck even with physical markets,any meme coin to them is easy mode.
Some of my meme fascoins most of my coins are good old fascist silver coins the government created to protect against kikes,the very fact in the financial crisis even the most hard pressed families had some of them and could sell them for a profit speaks volumes to me.

I managed to mine 10 or so Bitcoins back in the day. Lost interest in it because they were so cheap, and neglected to transfer them to my wallet. Fast forward to current year, and now the mining pool that I was using has disappeared.

also kms

I used to buy this thought process, and tbh bitcoin is still scammy, and a stupid concept for shtf prep for more reasons than I care to get into, but the black market is a multi-trillion-dollar sector and they selected bitcoin as their defacto currency. It's sticking around and will likely encompass that full market cap.
Etherium was an (((attempt to control))) the cryptocurrency market, but ultimately it's obvious so nobody in the black market switched to it (just the (((legit))) people chasing the cryptocurrency meme without realizing why it was taking off.)

What a triple Nigger

I'm back. Not interested in discussion or debate. But I will call out lies and misinformation as I see it.

I think you ignorance explains itself. Tether is not dictating the price, the Japanese exchanges are (mostly) along with 100's of other factors simultaneously, pushing in both directions. You are speaking nonsense and I encourage anyone in this thread to study bitcoin, and learn to spot liars like you.

Also you challenge my credibility. I've been in bitcoin seriously since 2012. I've spent over 40 hours per week for years focusing on bitcoin in various ways. And I completely, thoroughly understand the underlying protocol. I've also happened to make over a million dollars via bitcoin and still have a massive holding.

You are telling people to not pay taxes on their gains? You are thus telling people to yellow-flag their social security number. I've had friends IRL get yellow-flagged for less than that. The US government monitors cashflow domestic and abroad like a hawk (or should I say eagle?).

In the near future, bitcoin transactions will be purely P2P and anonymous. Even until then, it's easy to obscure the source of your bitcoins using various tricks.

Again this will change in the near future. Evolution is built-in to bitcoin.

I accept your speculation, your speculation could come true. I just want to clarify this one line:

The people who *pay the highest fees* will have their transactions processed first. It's not first-come-first-serve as your words seem to imply, it's rather, whoever offers the greatest transaction fee gets processed first.

Bitcoin is open source

The bitcoin community has always used the word "fiat" to refer to central-banking currencies with no real life backing. Whether or not the use of the word "fiat" is appropriate is long since ignored. You can argue that bitcoin is indeed "fiat" and I understand you. But for the sake of discussion, when you see the word "fiat" in the cryptocurrency community, it's always referring to this government money.

Now, in my OPINION, the word "fiat" is appropriate, because bitcoin can not be printed for nothing. Absolutely cannot. Bitcoin is therefor as "fiat" as gold is. Just my opinion. How you interpret the word may be different. But I hope this clears up the discussion of this term.

Again, this isn't true. This is a narrow and naive view of the *present day* protocol. Even then, there are ways you can easily anonymize your transactions. I encourage you to research more into bitcoin.

Actually it's more like 7

hi.
Nothing. It's a very high-risk investment.
A bitcoin can be divided into 10m pieces. After that, it'll take a fork to divide further. This was discussed a very long time ago and a consensus was reached on how to solve this problem. It is of least concern.
Yes your speculation is plausible. This is a general economics argument and not one strictly pertinent to bitcoin.

>If its (((anonymous))) then how did the FBI trace and track all the dark web transacts and make arrests
By tricking people, using clues, and sting operations. It was never a weakness of bitcoin and the FBI clearly stated in their report that the "bitcoin tumbler" that silk road used was highly effective.
>If its (((decentralised))) then how come a small percentile hold so much?
Because they are rich and good speculators.

There's also a reverse to this question: Why don't poor people own more bitcoin? And it's probably because poor people live by fear, are bad with money (aka poor), and mostly invest in mainstream ways.
The main one is Antminer, who creates ASIC chips. There is a long history regarding this. I can't get into here. The rest of them are pools, which are a voluntary collaboration of individual miners. Generally, miners have a lot of money to invest and are serious about their jobs. Mining is also designed to be selfish… the more selfish the miner, the stronger the bitcoin protocol. There is no concerns here, unless a miner exceeds 51% of the hashing power. Even then, they will shoot themselves in the foot by misbehaving. So even if they do exceed 51%, assuming they want to keep making money, they will continue to obey the protocol like normal.

There is much discussion about this and I encourage you to read more.
As I remember, they auctioned them all off. They have an established history of auctioning the bitcoins. So If they hold some now, that'll probably be what happens.

The rest of your post I agree with or otherwise understand.

We are long past that point now. I mentioned this in an earlier post.

>coinmarketcap.com

WTf? Dogecoin is up 45%?

Seem like it's finally time for me to buy some cryptocurrency.

Can you really earn some great dosh on this?

Ok, for all of you how are familiar with the cryptocurrency market - what would you suggest?

Which should I buy?

WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS

WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS

WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS

WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS
WORTHLESS FAKE INTERNET MONEY

IT DOESN'T MATTER HOW MANY PEOPLE BUY LOOTBOXES

THEIR DIGITAL GAME CURRENCY IS STILL WORTHLESS

Filtered

U say that as you have ur cellphone in ur pocket with a gps 14 hours a day lmfao. Okay smart one who didnt make a dollar in crypto.

HAHAHA funny u say that i just had 200 bucks in doge and made 90 buck sitting on my ass. Buy low sell high baby never forget and you will afford a farmhouse lol.

Silver is good bro. I stack that too, but if you have a little spare time when ur not chasing white women, but some coins when they are low. Just look at the graphs and you should be able to calculate when a solid coin is currently undervalued like i just did with doge and LTC.

Buy BCH and IOTA for the medium to long term. BTC might be good short term, but don't try to take that off the exchange, as you might get stuck with it next time the network collapses. Lots of dumb money flowing into BTC right now–institutional money who don't understand that it has eliminated its use case with these high fees.

What are their names that I may buybthem

To the guy who gave me free bitcoin on here 3 ish years ago. Thank you very much. Seriously thanks.

Sell and buy bullion, you stupid fggt!

How much is a good amount to get?

ghostbin.com/paste/uoes4

I bought a shitload of bitcoins a while ago on a whim on an old laptop I had. Saw what bitcoins were at now and tried to sell a few, but I can't for the life of me remember the password to my wallet. Several hundred thousand dollars worth just sitting there, teasing me.

Bitcoin itself is going to simply remain in the position it is now–an alternative 'currency', and a holder for portable wealth. I don't see how it is going to replace banks which have the power and infrastructure to provide loans, lines of credit, etc. I dunno how many people have even gotten 'rich' off it–my boyfriend has managed to make a couple thousand but it's certainly not a million. I think blockchain technology will outlive Bitcoin though. Things like ZeroNet show a real promising future there.

what's happening to bitcoin right now has been planned since inception. You should read the original whitepaper. The one satoshi wrote before even creating bitcoin.

See, posts like yours are the reason I'm in this thread. You do all this talking but with absolutely no research whatsoever. Either that or you're overconfident for some reason.

In my opinion: Don't buy those. They are not stable and BCH is susceptible to a crash in the near future.

At the very least, if that's what you want to do, then do your research and understand completely what you're getting yourself into.

Bitcoin is by far the most dominant and stable and has the most promising future. Which is precisely why all these multimillionaire investors are buying it.
Why? You, and countless others, in this thread are spouting opinions like this without giving a shred of explanation to your opinions.

Understand: I am VERY interested in your opinions. I want to know exactly how and why you are supporting this cryptocurrency. I want to know your reasoning, what you believe it offers – everything. But it does nobody good when you pop in a thread basically like "Lol guise buy this thing I like"

Look either all of the wealth of the world is shifted to Bitcoin, this is the most likely end game as Bitcoin is immutable history w/ impossible to forge book keeping, or Bitcoin becomes 0$. It is not to late to get in a HODL what you can. Decentralization technology is inherently nationalist. Bitcoin is what truly opened my eyes to the rising nationalism in the world and how it will be made possible.

I think all the druggies will switch to monero at some point, once the gov cracks down on bitcoin. Bitcoin IMO facilitates a lot of darknet drug transactions and I think this is the reason why when there is a sell off there are always customers who leap into bitcoin so that it never crashes too much right now. Once the gov gets heavy handed with bitcoin and starts tracing transactions I think monero might take off.

Any body want too give a South African Boer a bitcoin. 1 bitcoin = one years salary +-

18jcVYZzi4jHdAbANU1ZM7Ww7uPtPq2Cjr

I think you need to get out of there, dude. If you post on here or >>>/meadhall/ you might be able to find an American or European willing to help you get the fuck out of there.

I was there a couple of times was very, very slow. I started the South African thread. Don't know man escaping this play does not seem viable anymore, My own farm in the Northern Cape near Namibia is the most realistic option for me.

how many jiggabytes of blockchain do I have to download via nigger click slow p2p to not be dependent on some pokemon card traders website now?

Fuck all you faggots. I have gold, silver, litecoin, bitcoin. Diversify

We eliminate everyone else and make the world a better place. Because let's face it, every non-white country is a fucking shithole where they waste away beautiful nature, exotic animals and just defoul and waste away all of that.

I would take you in user, unfortunately i live in Sweden and things are starting to slowly look like South Africa here too.

All the shitcoins will die, even bitcoin eventually; it's all just a big beta test. The real takeaway is blockchain technology, or as it should be called an immutable distributed ledger. This technology is going to collapse the financial sector, almost completely cutting out the middle men; it allows trust and ownership to happen without them. The ledger doesn't have to be anonymous and won't be in the future, it can be used to enforce copyright, contracts, taxes and used as an ID.
There will be a giant public ledger, with your name on it with every single transaction you've ever made and every single asset you own. Oh you don't want a single identification number on the ledger? What about all the hackers? What about all those scammers? Don't you want the law to protect you? And if you don't list those assets, well, you really don't own those assets.

There's a reason all the usual suspects are shilling it, like Bill Gates and the Rothchilds. An immutable ledger is exactly what you require to have a global cashless currency and global taxation. When the global liquidation occurs, they'll roll this technology out as a solution; they'll have quantum computers and big guns to hit that point home.

Donate a fraction of one here to help fight Soros. It will be put to good use. Sieg Heil

18cm9LvSx2dJNEifpX8sfQxuJTLHCRrvmE

That wasn't me but I did donate .1 to an user to pick up a book on here once. Happy to do it too.

Monero and Dash have utility value as currency, Bitcoin long term does not. Though nationalists would be smart to launch their own coins w/ strict rules and governance pegged to Bitcoin.

Lolololol, an immutable ledger is like kryptonite you idiot. Kikes defraud and cook their books, Bitcoin makes that IMPOSSIBLE.

It's gonna be a giant bubble or even a ponzi if it doesn't have practical implementation.
Hacking issues is going to prevent the current coins from doing so.

People need to get gud with computers before this takes off.
I give that at least a few years or perhaps decades.

Bitcoin won’t be hacked

This tbh

Also this

And this

You know, the only value we need is food, weapons and good men.

If we eliminate the kikes we won't have to deal with this kind of bullshit and go back to the non-traceable coin-system again.

Be prepared. I know there are more than several Eagle Scouts here itt and most if not all of us live by the motto of be prepared. It is your moral obligation an duty to have food for your family no matter what. No matter fucking what
BE PREPARED
SIEG HEIL

What do you mean? Even without kikes an immutable history is valuable. It will make passing on traditions easier.

This is what people have been saying for the past 3 or 4 years. First they said it would never reach 1 billion… then it would never reach 10 billion… then it would never reach 100 billion… now you say it will never reach 1 trillion. Naysayers will be wrong again just like they've been wrong at every step of the way since Bitcoin was created.

No it doesn't. BTC development was subverted back in 2014 with the intention of crippling it's utility and setting up a banking racket that pushes people back off-chain into a system that's basically a MasterCard 2.0.
This is absolute an utter horseshit. Verbatim quote from Satoshi:

For someone getting into crypto, what non-bitcoin coins would one suggest looking at?

I always knew it would reach into the billions, way too much money being poured into this

But trillions? that's tulip mania numbers, unsustainable

Is not that it wont reach them but that it will crash after that

none of them. non-bitcoin is a joke right now the japanese guy must be laughing so hard

it will never reach infinity ounces of gold.

ftfy cunt

Tulip mania did not last 6 years on a global scale. stop calling it tulip mania, this isnt tulip mania.

So put a few thousand on Doge? Got it.

Tulip mania didn't last that long because it was the fucking 17th century, they didn't even have electricity and trade was limited to sail ships

BTC is a bubble, its going up to unsustainable levels, just doing a transaction takes insane amounts of energy and too much time now. Also you're talking trillions in a currency used mostly to evade taxes or launder money because for everything else regular money is easier to use let alone less prone to fraud and theft.

Is crypto the future? yes of course, but not BTC

it's like you want to be ripped off

This. Crypto is a beautiful thing, but there were brackets placed around BTC as far back as 2014.
They couldn't corrupt the tech, so they corrupted its development instead.
Something else will replace it.

2 trillion $ bitcoin market, you're talking $95000+ / BTC. whether that's tulip mania what it means is the USD is dead comparison to USD becomes meaningless more important is comparison to what goods and services you can buy.

and this user is right
if you anons aren't preparing for the coming technological dystopia you're fucked

how can cryptocurrencies be any different from fiat currency when the value of the cryptocurrency is based entirely on fiat currency exchange rates and without fiat comparisons no value matrix of the cryptocurrency exists.
how much btc does it take to buy a loaf of bread with 0 reference to any fiat currency exchange?

There are already like 3 different BTC forks and who knows how many other cryptos

None are backed by governments, companies or banks

No guarantees nothing, most ICOs turned out being total scams and even big ones like ethereum have some really shady people behind it and had a ton of cases where it got "hacked" but it was most likely an inside job

This is unsustainable, the average joe wont use this because he doesn't want to loose his life savings over some idiot fucking up the security protocols of his exchange (see all exchanges that got hacked like finex)

Its not anonymous, if enough money goes through this system the govs can track it and guess what? that fancy password? they can get it from you in 3 minutes by hitting your balls with a fucking chain while you get chocked with a ziploc bag in some black site

Bitcoin is just another way for Jews to enrich themselves at the expense of the livelihood of normal, hard working people.

Proceed to cash out, crash the market, and walk with everyones money. Same exact shit happened with credit default swaps. Banks invested in super speculative shit, the economy crashed, and normies paid for it.

Actually is the chinese who represent like at least 70% of the market

They use btc to evade currency control and dodge taxes from their government, also money laundering and getting their money outside of china

Does mining bitcoin still work?

(checked)
true to an extent, but we all know btc makes drugs and human trafficking easier

Barely, only if you have the initial capital to buy a huge amount of GPUs and have access to cheap power

Not really, the btc blockchain is so fucking slow and expensive to use now that its actually faster and cheaper to just fly your cash on a jet like narcos do

blame it on the product, not on the people.
wow, you faggots really don't know shit about the free market.
Protip : if you're smart, everything is FREE

Again, you don't know shit about bitcoin, because it was never meant to be fast. It was meant to be secure.

Bootlicking statist thugs BTFO

It's like you want to be a cuck with only 5% YoY gains

what?

not blaming btc just saying it makes it easier

tell me about the gains when the CME wipes it all out

CME ? you meant that betting organisation?
Tell me again how horse betting ended the reign of the petrodollar again.

Coronal Mass Ejection

Angry nigger? you bought at 8k and now you're scared it will drop and become a bagholder?

Retard is not enough to describe this shit

...

I can post how many goddamn times I want you faggot.
Also, since you're being a faggot about it I won't disclose my trades to you, let's say I go way the fuck back, and I'm all the way up.

What will you do when the power goes down?
A: Use legacy banking blackbox
B: Use decentralized peer to peer OS money
C: Cry like a bitch

This is an 'argument' I've been hearing before I was into Bitcoin. This was when I would be using my Android tablet in class, doing our math classwork on it. Of course, most people thought I was showing off, others thought it was cool, but some would also say

"What if there is an EMP? That would wipe out your entire course work dude"

When I was locked up last month, I heard one guy discussing the future collapse of fiat currency, and how we would be transitioning to a gold based economy. He asked me what my investments were in, and I said "Bitcoin". He said "Don't do Bitcoin man, if there's a huge EMP bomb in the future, you will be left with nothing". Of course, my response was the exact same response that I would always have when I was in class:

"Dude, if there is ever a large EMP attack, I'm pretty sure your Bitcoins would be the last thing on your mind, I'd be more worried about the fridge, schools, banks, and elevators with people trapped inside of them"

It's pretty interesting what lengths people will go to try and justify making fun of Bitcoin as an "edgy Libertarian" thing, but the fact is, cryptocurrency is perhaps the safest way to store your money. Biometrics (ie fingerprints) can be forged or hacked, so can facial recognition, as can fiat currency, but not cryptocurrency.

Has anybody else ever heard the "What if there is an EMP" argument?

bitcointalk.org/index.php?topic=1613359.0

a CME will fry the 1s and 0s that make up bitcoin
it has nothing to do with grid down it has to do with electronics being fried beyond use
and I'll use the metal in hand as currency

keep wasting your money my friend

Checked.
As a nigger i always hold a stash of grape soda,watermelons and fried chicken/bitcoin inside the chicken cage protected by the white craka'

Yes, and? Once you have some relative safety (manage to get back home and are in possession of your guns and your food supplies–WHICH YOU SHOULD ALREADY HAVE)… the next thing to think about is how to pay for things. If you don’t have gold and silver, you will have to barter with your food and other supplies, and you don’t want to have do that. Kiketocurrency is worthless.

you lack creativity, if you want to store "1's and 0s" there are ways for safekeeping.
Remember that one guy that wrote a book in binary because it circumvented copyright laws?

keked

...

That’s the idea, dipshit.

I guess if you want to try and buy food with a sheet of paper with a QR code on it after a CME or some such then go for it, but how will you make change with it?

...

move to a place that has electric grid & internet.

pay for your passage with 1s and 0s hand scribbled on legal paper

Reported, then.

Unless that is realised gains you've made jack shit. And it will never be realised gains because you're hooked now and you'll be hooked until the bubble bursts and then the liquidity will dry up and you'll have nothing.
May as well buy tulip bulbs.

way to be a cuck
just buy bitcoin.

Rare numbers, get your rare numbers here. I've got a 17, two 24s and even a 39.

There are only two that are noteworthy:
BTC and BCH
You sound like a Chaim or Moshe here.
Don't invest in ICO's.
This is the one point I agree with you on. However, multi-sig will largely mitigate this once widely adopted.
Which crypto are you referring to here? Monero is pretty much perfectly anonymous.
BTC, etc, are more anonymous than a bank account by virtue of not having to attach your name to your address. You can literally spin up 100 "accounts" with no personally identifiable information in seconds.
… and they're going to do this to the average joe?

What a good amount to test the waters?

whatever you feel like, that's the best thing about a free market.
I started with 200 euro back in the day/ At the time 20% of my savings

Be skeptical of anything posted by this ID.

Yes it still works. It's an integral part of bitcoin and will never go away.

This hasn't been true since 2013. At this time, you need ASICs. There is no alternative for bitcoin mining.

Bitcoin will never go offline as long as there is literally one person on the planet running it. A power outage will not harm your bitcoins.

Yeah.. I'm not sure if you were implying that, or just pointing out their usability in a SHTF scenario.

All it takes is one single node to protect the entire network. That one person can extremely rapidly repopulate the entire world's bitcoin nodes (similar to bittorrent distribution). An EMP will destroy all hard drives. But as long as you have a copy of the blockchain on a set of DVDs or a resistant medium somewhere, bitcoin will be totally safe.

;_;

'the people' are the ones buying tons of expensive mining computers, not them, sure.

No they didn't. Monero is defacto black market currency. Remember Wannacry? All the hackers got is $30k that they were able to launder through Monero…

buy 500 worth of BTC but trade it for good alt coins right away.

Look on lurk 4chan/biz and you will find good altcoins. Just have to sift through the shills but they helped me make tons of money with REQ and POWR this week.

Just make sure you dont get shilled on some shitcoin and go all in. Just gamble 50 bucks on some nice looking coins until you get the hang of it.

Bitcoin is a bad bet. With how many alternatives there are, and the fact that growing the block size limit is being stopped by Chinese miners, it's likely that Bitcoin will fail eventually due to mis-management. Other currencies will rapidly take its place, despite the fact that none of them are great replacements. It's likely that BCH or (((ETH))) will replace it, but so could many other altcoins.

Personally I want to wait until there's a substantial improvement in the technology. Proof of Work only secures a currency properly if it's the most popular currency. If there's a ton of extant hashing power not being put towards your project, then that hashing could step in and destabilize the currency easily.

Holy fuck, my .85 (((ETH))) has gone up 50% in a day. I'm on a rocket-powered Lamborghini to the fucking moon.

sell lol

A recurring theme I see in this thread is "get rich quick". This is the sort of mindset that will keep you poor. Bitcoin is already volatile. It's a very high-risk investment.

However that volatility pales in comparison to all these altcoins. The "risk" turns into a "gamble" when you start dealing with altcoins. Buying altcoins generally exceeds all rational reason, so if you're new to the market, don't try to "replay bitcoin's birth and meteoric rise" with an altcoin, because it simply won't happen. Those days have come and gone, and you should graciously accept that you are late to the game, but still very early for bitcoin's next big step.

Back to my original point, the mistake many of you are making is trying to "get rich quick". Success is a mindset, not an accomplishment. Like someone else mentioned in here, lottery winners return to their past life after like 5 years. So if you're inside this thread with the intention to make money, you should first focus on improving yourself before shooting blindfolded. I suggest reading the book "Think and Grow Rich" by Napoleon Hill.

…or you maybe don't brute force the entire set?

The hashing technology underpinning bitcoin is called SHA256. Currently there are no known weaknesses. So what you're suggesting is impossible until someone breaks part of the encryption.

Even then, they'd have to break a lot of it. Let's say a man breaks SHA256 by 32 bits (which is a lot). At that point, you'll still have 224 bits of strength remaining. Which is utterly impossible to brute force.

Brute force attacks don't become humorable until ~64 bits remain. See this research project's results:

distributed.net/RC5

They used a distributed computing (basically a supercomputer) to brute-force 64-bit encryption, yet they remain challenged by 72-bits.

bullshit

Bitcoin is the ultimate shitcoin. Anyone can see your wallet and transactions, therefore it's exactly what the globalists want. Normies, stay the fuck out of crypto.

Open source, NXT family is going to go nuts once people realize it's capable of everything (((ethereum))) said it'd be able to do, is already decentralized, has a built-in market on the blockchain, a decentralized exchange built-in, et cetera, et cetera. It's totally volunteer-based, even the NXT foundation is held together with donations & the mutual benefit of the stakeholders. Doesn't get a lot of press, but deserves it. Gonna be yuuuuge.

nxt developers are pure nig/jews owning most of the coin supply. while the technology may be reliable the team has literally stolen all the value out of the coin from the investor. There is no way the huge amount of coins they have issue and own can ever raise in value when they own so much of the supply

The initial tokens were evenly distributed amongst everyone who funded the project. There's no 'kikery' there, just people pissy they didn't throw a few bucks to the developers at the beginning.
They have an airdrop going right now (somewhere) to try and spread it around a little better.

I'm an ausfag, does tor have many places you can buy shit from here? I doubt I could get anything through customs.

NZ fag myself, that shit is all over the show, I lost track. So many honeypots, exit scams et cetera, I haven't been active on the DW in quite a while. Same trouble with customs too, it was fine to order a couple of pills for personal use in the past, haven't done so in years though.
The blockchain market should be pretty good if it gains traction, it's still in its infancy though, hence my recommendation of NXT as an investment. Ethereum would never allow that shit, NXT has no regulatory system to say otherwise.

The real question is, which currency is the most feasible. I don't think it's bitcoin, since it's not fully anonymous. Just look what happened with jew and people donating to him getting their exchance accounts shut down.
The segwit fork seemed to have been a n attempted Jew / banking takeover, but was avoided, with many people switching over to Bitcoin cash instead, because transactions in Bitcoin are too slow to be of much use.
I haven't done much research beyond that. Do you guys agree that at this point, it seems the best currencies to invest in are Bitcoin Cash and Monero?

...

Bitcoin is the household name only. Aside from that, the only benefits are adoption and popularity. The technology sucks.

Ethereum has a smart motherfucker at the helm and a clear roadmap for future development. It is already superior to Bitcoin at everything Bitcoin does and more.

Monero is my favored privacy-focused coin. Anything you want to be untraceable, use Monero for. Similarly, better than Bitcoin at everything Bitcoin does and more resistant to chink control.

Both XMR and ETH have gone up quite a bit in the past week, I suggest looking into them. Chances are though that the "one coin to rule them all" has not been created yet, Ethereum is the most promising right now.

...

What about quantum computers?

I refuse to support an SJW currency, whioch clearly Ethereum is filled wiith. Supporting any ethereum project is shifting digital power to the enemy hands. Investing in your own demise.

What about it? Bitcoin has already been hacked. It’s irrelevant because kikes want people using this shit in the first place.

...

ethereum has a pedophile team of developers

really nigger? when and how?

That's just what someone working on a quantum computer would say.
arxiv.org/pdf/1710.10377.pdf

Thanks for the strawman. I didn’t say that.

No one is going to fall for your kiketocurrency, shlomo.
archive.is/wqMJ7
archive.is/lOXzm
archive.is/lJc1X

Vitalik considers himself a conservative (maybe cuckservative, whatever). That other guy is a nobody. I bet you are using an OS created by an liberal right now anyway.

These are stupidest (non)arguments I have seen yet. The US dollar is made by pedophiles, the euro is made by genocidal communists. Maybe you should go back to barter, soygoy.

What are you all holding? You should all put your autism to work and make some shekels.

IOTA and REQ here senpai

Getting in on ETH/BTC in a dip too

This is not true unless you have lost control of your public keys.
This is true currently and will change in the future.

What I said was true. After the 21 million coins are issued, the transaction fees will take over and pay the miners from there. Bitcoin has a built in wax/wan so the transition from inflation to fee will be very, very smooth. You should do your research.

This has been discussed in great detail in the bitcoin community. The good news is that quantum computers will not be built overnight. As we can watch their progress, we can anticipate and fork bitcoin to use a quantum-proof hashing algorithm.

Bitcoin has not been hacked.

These people who happen to use bitcoin were hacked. Bitcoin itself has never been hacked. What happened in these scenarios is they lost control of their computers. A hacker gained full access to their system and everything on it. From there, he opened their wallet and sent the coins. The vast majority of time, it's because the people were irresponsible and didn't have good computer security. "password1234"

By the time quantum attacks become a (common) problem there will be quantum hashing. Now there will be a small window of time the present time in which it is available yet not commonly proliferious and such tactical advantage can be exploited. Though if you apply common aryan sense you won't have much to worry in the first place

It's a retarded faulty argument made by morons, just like the pro-abortion argument of "what about rape-victims getting pregnant?". It's such a special, rarely occuring thing that it shouldn't even be brought up for discussion.

However, i will never use cryptocurrency only based on the fact that everything is digital. And with digital (((they))) are going to easier control the supply, the demand, who gets shut off and what you will be able to buy. They will trace what you buy of course, they will trace how you get your money so they can tax you. You will simply become a slave of the jew. That will never happen with physical money.

If you want to stay safe for the future, buy silver, buy gold and have guns, skills and food to survive.

I also want to add, the monetary system isn't that bad, it never was. The problem is the jew and pseudo-jews being in charge of it, kikeing you out for your hard-earned money while they become even richer. We used to buy shit for coins for a long, long time without any problem.

Never really got bitcoin…
I understand how it works how it's security works and all that.
But buying and selling bitcoins is stupidly hard.

>(((they))) are going to easier control the supply, the demand, who gets shut off and what you will be able to buy. They will trace what you buy of course, they will trace how you get your money so they can tax you. You will simply become a slave of the jew. That will never happen with physical money.
Bitcoin cannot be controlled nor inflated by anyone. It's impossible for a government to stop people from trading it. It's impossible to freeze accounts, block anyone from spending it, or limit the amount you can spend in any capacity. It lies completely outside the control of governments and banks.

Speaking of lies: You should really do your research before coming in here. Some of us are very serious about bitcoin and have made a fortune off it. If you had read the original whitepaper, literally the first point of education about bitcoin, you wouldn't have made this post.

tl;dr fuck off

Download "bread" on your iphone. Click "buy bitcoin" and then "bitcoin ATM". You'll see a map with ATM locations. Drive to one, and buy some with cash.

Might not work since I'm not american but I will check that out.
Although I don't own a phone.

I own a bitcoin ATM. It's hard because the banks and governments make it hard on purpose and credit card companies are cucking us as well. There are bitcoin ATMs in many countries, check coinatmradar.com for locations.

Thanks will do.

Although I thought about buying BTC at the end of last year, and since then it Skyrocketed in value, now I don't feel so sure regarding how I'm reading the market.

You misread the market before, what makes you think it is at max value right now? I made the same mistake when I sold at $500. Made car money instead of retirement money, derp.

Won't that technically be staking?

Okay, reported.

I read today that Bitcoin mining uses more electricity than 12 states.
So the autists think they are sticking it to the man by mining bitcoin when in reality they are spending millions on electricity supplied to them by the same people they think they are sticking it to.

Then once the citizens pay the establishment to mine the bitcoin, the establishment will crash bitcoin and buy it all from the citizens for cheap.

I've been training for that since I was 5.

Bitcoin is taxed by the government.

why would anyone but money launderers use these?

How do they tax the bitcoin?

so should I buy bitcoin or wait?
will the price rise or fall?

Where is the proof posted. Maybe I glanced over it, but I don't see it now. All the things listed are the (((exchanges))) hacked, not bitcoin. It's like doing a bank robbery and saying the Dollar was hacked. That they say bitcoin itself is hacked should tell you something about their intentions.

I see a lot of people getting uppity here about BTC.
There are 2 options here, either BTC was started by anti-system intelectuals to try to solve the money problem, or it was created by the system to drive us further into the cashless society and more control.
Either way BTC is probably going to end subverted like everything else, because, surprise, BTC can be bought with fiat and certain peoples can print all the fiat they want and pump and dump until everyone else is out of the game.
This doesnt mean you shouldnt be checking the BTC eco-system and doing your short term predictions to make a buck out of it, there are many people creating companies and stuff related with BTC, and that is what you have to look at. I wanted to buy in at 300 and then at 100, never did due to wanting to hide my assets from banks, since yes, you need to use banks to buy BTC.
Got payments in BTC, not much though, thats why i didnt sell them already and they are probably worthed a couple thousands now, if i have had a considerable amount invested i would have sold at 1k already.

Buy at $1100, sell at $900, wait 6 months and sell for a lot more. In any case ATMs are a pretty good way to buy bitcoin without needing to confirm identity.

In most countries whenever you exchange your bitcoin back for fiat, you should report the profits as general stock profits at the tax service. That is the official scenario in the Netherlands at least.

The electricity required is what makes it really hard for miners to make a worthwhile profit. That changes when the electricity is supplied at extra low cost to let you gain a huge market share, que China.

The fact that you can do that with the monetary system (A centralized power being in charge of it), makes it bad. You do not want (((them))) to be able to control the flow of money.

Finally someone who understands what's going on. Follow the underworld activity especially markets and you'll easily correlate any variation in value.

They have money and awareness to shill random ass internet message board. They take decades and decades to dominate socieities that might be able to compete with them…

Ya fucking right. Its their trojan currency
It will play into ther sci-fi society narrative where AI is smarter than goys and goys become their robo-cattle with cashless-BTC existnce. Fuck that… microchip my dick in your kike mothers face why dont ya?

msn.com/en-gb/money/video/bitcoin-ought-to-be-outlawed-says-joseph-stiglitz/vi-BBFUrS5

(((Stiglitz)))

You know what's at the end of an upward trend?

Biggest thread against crypto is laws. If the jews haven't outlawed it, they're definitely already controlling it.

Crypto is very much like fiat, but now its chinks printing with ASIC's instead of kike banks. There is no actual inherent value in it and many new coins are created everyday, just like many new virtual money is added to peoples bank accounts and used from their credit cards.

Either that or you would be cooked alive in seconds because it heats up the air to way too high degrees besides releasing toxic gas.

They always play both sides user, never forget that.

Bitcoin is completely centralized. Why the fuck would I give pigs more? I get .0001 a month while jewberg gets 100, then I need to
pay .0001 to move .0001. Google pyramid scheme dumb fuck.

maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.maybe 2-5 years.

Nuke the entire planet from orbit, it's the only way to be sure

OpenBazaar is one.

I'll sit on my holdings in a flash crash. I'm not leveraged, I hold my wallet keys directly (my BTC are on-chain, not in an exchange).

OK plebs, THREAD TAX LEVIED, pay up!

A quantum computer will not own bitcoin. If each client does a forked transaction for each transaction, where the remainder is sent to a new address within the wallet, then the coins are secure. It is when the public key is published and known that it becomes vulnerable to Shor.

One of our national treasures has staked his own cock on bitcoin.
If dubs McAfee is right.

Those dubs tell me McAfees dick is safe. For now. Also I need to get me some bitcoins.

Besides, what makes you think the banks aren't already planning accordingly?

Planning what? They're powerless against it.
Nature found a way…

Are you an niggers? They were buying since 2013 tops

But wasn't the Mt Gox incident the crash that frightened everyone off? I'd think at this point it's entered public consciousness and there's no stopping its momentum.

Mt Gox is nothing compared to what will happen in the near future

Seems legit
benis

I can't wait for it to go to shit and see all the hipster nerds cry as they watch bitcoin crash and burn

nocoiner cope ITT

Detractors say more than 159 coutries (separately) includig Nigeria and Ireland. Yes I'm sure will grow 10fold and then 1000fold…

Cryptofags need to wake the fuck up. This is a trial run for (((Central Bank Digital Currency))). Remember the Blockchain LEDGER tracks all transactions. Alphabet agencies already have massive amounts of computing power to through at dissecting the bread crumbs.

Coinbase ordered to report 14,355 users to the IRS

archive.fo/6uULd

How blockchain technology could improve the tax system

archive.fo/VX6ix

China’s central bank thinks digital currency can do one thing cash can’t

archive.fo/DDoX2

...

What's the matter? Mad that you missed the train?

...

Only if you can afford to run multiple ASIC devices. IIRC, the top of the line ones run at 17 TH/s on less than 2 Kilowatts of power. Since these devices cost about $2,000+ though, it will take some time to pay them off. Good Luck finding any in stock, these things fly off the shelves as soon as they're announced.

...

Fuck off, yid.

And so what fraction of a bitcoin per hour can you expect to get with the most optimized of hardware?

Did you keep any?

...

No. I never thought it would even reach 1k. And here we are. My question is, why is bitcoin going up in value? Even with the darknet drug sites, a lot of the big ones are shutting down. Where's the supply and demand for these coins?

There are hundreds of coin exchange sites on the net. People are buying them because of the limited supply, knowing that the more people want them, the fewer there are per person, hence why they go up in value. As far as I can tell, it's a 50/50 chance of being ponzy, 50/50 of being a new form of gold.

Is GPU Mining still viable? And how can you determine what bitcoins will rise in value in the future?

hedge funds are starting to invest in bitcoin and everyone is going berzerk
gpu mining is viable for ethash (ethereum, ubiq, expanse..) and cryptonight (monero, electroneum, …) cryptos

cryptonight is designed to be mined on CPUs - 1MB block in L3 cache (can be mined even better on GPUs because of sheer number of cores that modern GPUs have)

ethash is designed purely for GPU mining with it's 500+ MB dag blocks (2GB at the moment for ethereum)

Might be true,sadly.

There's no value in it, it's fucking digital user. It's a bubble that will seize to exist the second people don't think it will make them more money by buying it.

What are you talking about? Bitcoin is divisible. You can literally buy $2 worth if you wanted to.

Sell at least your initial investment. Then I would sell 50-70% of the stack and keep a little in and just forget about it. This way you avoid FOMO paranoia and in the case of a crash you would only lose some "profit".

Amen.

The kikes will do their best to control it, but all you niggers on here need to get the fuck into cryptos. The only way we can fight is if we have power, and that requires MONEY. You niggers need to get fucking rich. For starters, you can browse 4chan /biz/. It's filled with shills and liars, but if you've been around long enough, you'll be able to find the gems that are still posted there.

NOTE

A lot of you niggers don't seem to understand that bitcoin is just a currency, and there are loads of other coins that offer technology solutions that enterprise are drooling in the mouth to get at. Blockchain is one of the most talked about upcoming technologies in Silicon Valley, and they want in. It's just a matter of time, as they will save so much fucking money from some of these technologies, that will help automate lots of their industries. Get on /biz/ and start lurking.

For an easy example, the co-creator of Firefox has made a coin called BAT. It is attempting to get around the issue advertisers are having with adblockers, as it pays people in BAT tokens to look at ads, and will easily integrate into all major browsers. Others will offer the transfer of money to be 100% secure, unhackable, and at lightning speeds in comparison to what they have now using smart contracts. And so on… It's just a matter of time before these startups start to become adopted. Some of them are already partnering with some of the biggest businesses in the world, like IBM and Microsoft. You can make so much money and actually do some good with it. Get the fuck to it.

You are talking about Substratum, fuhrer, and it's already in open beta this month. 100% American project. youtube.com/watch?v=LdlvQOXkZP8

It works like this: you rent out a bit of your pc's power and get paid in SUB tokens, they use all that combined power from around the world for anonymous hosting of sites and anonymous browsing, all integrated into existing systems.

You faggots really need to get on this. Aren't you tired of just bitching about the dirty deeds of what the kikes are doing? This is action you can take to one day actually do something about it.

i hate computer
i hate internet

i'm going to rob you coin nigs

Do you think the burst is going to happen because it will reach the '21 million' number?

The issue is only the lack of real value to the bitcoin if that is the case. If.

Is that actually possible? Wew.

I forget that the makeup of computers at a chemical level may potentially be hacked somehow.
Although i know sweet fuck all about quantum computers so this post might be pants on head retarded.

I know nothing about quantum computers but now I'm really fucking interested if you could get ahead of the game.
Any books?

My company constantly sends out Blockchain updates about different industries and how they're adopting it, but nothing they're doing can't already be done with a serial number and a database. I've yet to see an update from any client that's using it in any innovative way whatsoever. We had one sound-bite about tracking turkeys with blockchain, where consumers would be able to track their individual turkeys from farm to table by scanning a barcode, but you don't need a blockchain for that, they're adding unnecessary complexity for no other reason than to say they've adopted blockchain technology.

In corporate, it's a buzzword.

No, it's not, simply because of smart contracts alone. Do you know what CapGemini is? Have a read about their thoughts on using smart contracts and blockchain.

capgemini.com/consulting-de/wp-content/uploads/sites/32/2017/08/smart_contracts_paper_long_0.pdf

It's not being implemented yet only because many of the alt coins do not have working products yet and also the current barrier of integrating off-chain systems to a blockchain one, which a few coins are specifically attempting to address and be the bridge.

Maybe in the non-technical side of the corporate world it's still a buzzword, but in the more IT oriented and planning sides, they want to use the technology. The cost savings are too big to ignore.

TITS OR GTFO

Wow, another dumb broad who doesn't get it. You know why the bitcoin space is 99.9% huwhite men? Because we are the eternal nerds and still rule the world.

(heil'd)
CPU and GPU mining are absolutely not feasible for bitcoin. If you want CPU/GPU mining, look at monero.

Keep crying nigger

Underrated. My keys are stamped into a billet & buried.

Checked, I sold my original BTC for around $500, I thought it was insane. Now, bitcoin is basically useless for what gave its original value (buying contraband).. It's all FOMO, capital flight & fuck-knows-what now. Find the currencies & systems that support privacy & vice & invest heavily. First blockchain based, in-browser silkroad replacement system is going to absolutely tear arseholes.
>hint - (((ethereum))) can't do it

Bitcoins are a giant pyramid scheme. And it's gonna break down with the bubble exploding very soon. Good for those who got some early on, but other than that it has no stability whatsoever.

Put your money where your mouth is. BTC futures market. Bet against it if you know this.

What bubble did actually explode? 2001 Dotcom bubble? Nope. Lost 20% of value. 2008 Housing bubble? Nope. Lost 20% of value.

Bubbles are just jew scaremongering tactics.

test

The promises made by Bitcoin are already fulfilled by gold.

Bitcoin is either a store of value, a currency, or both. Right now it is certainly not a currency, seeing how slow, expensive and cumbersome it is to use for daily transactions. Yes there are highly publicised cases of people buying stuff with Bitcoin, but try to see that this is a part of the marketing campaign of marketing Bitcoin to plebs to drive up valuations.

Bitcoin is also not a store of value. A commodity or security that acts as a store of value can not have 20% swings in value on a weekly basis. Bitcoin is also not backed by anything, a fact that is held up as a positive, but in reality it just means that Bitcoin is nothing. Unlike metals you can not build stuff out of them, unlike fiat money there is no entity backing it.

Bitcoin is fiat digital currency, nothing more or less.

There exists already today services of buying gold and other metals that are specifically allocated to you, and in vaults that are audited all the fucking time. You can use these services to reassign ownership of the metals to others, ie use them as money.

Bitcoin is just the tulip bulbs of the 21st century, in fact they are less valuable than tulip bulbs which atleast exist in physical reality.

Its not all 'muh bitcoins' you fucking literal niggers.

But coinbase has already frozen accounts that have donated money to “new nazi” websites. Yea I know coinbase isn’t a wallet but if all exchanges adopted this principle couldn’t all “nazi’s” be essentially banned from trading bitcoin?

Also, what happens if in the future ISPs throttle are slow down exchanges, essentially making them useless, what happens then?

Appreciate your response.

Already entering the age of decentralized exchange (i.e exchange built onto the blockchain). The net neutrality shitfest could cause some (minor) problems, and in my honest opinion, it is entirely aimed at the crypto economy. Basically, the centralized exchanges are always looking for an excuse to take your shekels, and have total access to do so. If you only use the exchange as an exchange, and not as a bank account, you'll be fine. Have a look at ShapeShift.

I don't understand people saying it's cumbersome. I've just made two transactions recently, and both went smoothly, and took about 20 minutes to confirm and fees were both very low.

You can't send Gold down a wire, you dumb shit.

Precious metals are a safer investment and will retain its value. But to argue that
… is next level retarded and you should feel like a retard for missing the point.

Bitcoin's shittiness is due only to the fact that it was co-opted in 2014 when Blockstream (whose investors include the AXA - whose CEO is also the Chairman of the Bilderberg Group since 2011) took over its development. By restricting it to a 1MB blocksize (3-7TPS), they've essentially crippled it so that it cannot replace be utilized in the same way that credit-cards are currently used (it cannot handle the tx capacity).

That aside, cryptocurrency can essentially replace the function of central banks, provide lower fees and offer quick, permissionless, international banking to the whole world - all without inflation.

Bitcoin will rise at 13.666 $ then at last we will the true, It's will crunch over DtBase and still be wath it's should always be,

Popcorn that all ! just wait dear little boy.

Yes you can idiot. The same way you send Bitcoin is regular money down the wire, you reasign ownership. I don't want to namedrop the actual services because I don't work for them, look it up yourself.

Bitcoin is neat idea, but the real problem is that other than the other guy thinking he can sell it for a higher price, it has no value. Even fiat money has more value, in that it is backed by a state entity (even though they will continually erode that value through inflation, they do still back it).

Gold is the logical endpoint of money, as it doesn't require anyone backing it. Gold has all these positive qualities that makes it interesting as money (doesn't decay, looks good, industrial uses etc) and there isn't a whole shitload of it so it is scarce. When more money is needed and the price of gold goes up, this is slowly mitigated by mining becoming more profitable. Gold is already a trustless currency when used in physical form, and if you can trust the most serious actors in the business you can use it in digital form.

t. nocoiner

Bitcoin is just another (((market investment))) for the kikes. It's no different than the gold and silver scams these kikes have been running for decades. >Buy gold and silver goyim, your dollars won't be worth anything. So give me all your money.

What is the point of an alternative currency if NO ONE CAN AFFORD IT? Do you even understand what the point of money is? It's to facilitate trade, not make money in of itself like the kike fractional reserve banking scam.

Everyone pushing for bitcoin is only doing so to increase the worth of their stock portfolio. Unless someone here is planning to use their new wealth to help the white race, well? No, didn't think so. You're just greedy kikes who want to buy shiny new plastic shit from China. Just like all of those E-celeb degenerates who put out feel good youtube videos and then demand you send them donations to support their coke and hooker habits.

That's a huge assumption. Can you imagine what a true Holla Forumsack would be able to do if he hit Buffet or Soros levels of wealth? No, didn't think so.

So this is what journalism has become

Checked.

If I knew of a way I could legitimately trade bitcoins in realtime I would be doing that constantly.

…but it seems like every site out there is just a scam.

um like the massive exchanges..?

Only if you can trade with that 'money'.

Top kek. I've been enjoying the salt from technically illiterate goldbugs since bitcoin was sub $100, almost as much as I enjoy the salt from the economically illiterate socialists who don't understand that bitcoin is the perfect antidote to their wealth redistribution schemes.

Their retard logic makes perfect sense to the same people who think that things like "deflationary death spirals" actually exist. The vast majority are not cognitively equipped to engage in non-linear thinking and that is why they will continue to be poor and butthurt as the cryptocurrency space continues to explode.

You can't send gold around in a trustless way like you can bitcoin. As we've seen with paper gold, any time there is a need to trust someone they will exploit it and take your shit.

Haha yet another reason to fucking love cryptocurrencies. Top Kek.

...

Unless you nuke the whole planet at the same time your bitcoins are safe. They are not "stored" in your fucking ipad, they are distributed in an untamperable computer mantained by miners around the world. You only need to write down in a piece of paper your address and your private key and you can access them. Fucking morons, at least learn what you are talking about before having strong opinions.

this, did anyone think jews weren't going to profit and manipulate cryptos? China was general knowledge

They're late to the party bro.
Then maybe we'll just play a different game. Like golf or some shit.

Two of those 'digits' are rounding errors, numnuts.

Don't bring me down, Bruce.

Nice dubs and nice try nerd - tell me their tickers or I will bully you.

kek I've been dropping hints like Assad drops barrel bombs fam

HABBENING

Nice dubs. Speaking of "tighten their grasp on their slaves":

Enter the 'petro': Venezuela to launch oil-backed cryptocurrency

archive.fo/aNV2b

As capital gain

It is completely decentralized.

It's not integer factorization that is the problem, it's SHA256 collision. The hashcash POW on the block headers would become invalid. You could create an entirely new blockchain in seconds. Double spend transactions. Stuff like that. Confirmations would be impossible.

SHA256 and RIPEMD160 are used to generate public keys from the private. If you could collide the public key,then yeah, you could steal someone's bitcoins by claiming one of their older UTXO's. The bitcoin address is the public key. Specifically it's the hash of the ECDSA public key. But that's how bitcoin transactions are written, you're not paying the public key, but the hash of it. By colliding the hash you've stolen the bitcoins and Shor is not relevant for this sort of hashing function.

So yeah. It would be a total collapse of bitcoin. A hardfork would be needed with quantum-proof algorithms to prevent this sort of collapse.

They are. Bitcoin futures will be on Wall Street by the end of the month.

This will change soon.

Modern computers use logic-gates. YES/NO against AND/OR
Your laptop does billions of these every second, to produce the words, colors, and communications all over your screen. In a way, you can put this on a table and call it "two-dimensional computing" because it aligns YES/NO with AND/OR.

Quantum computing uses a different architecture. By measuring the quantum state of atoms, you can use a phenomenon called "superposition" which, very basically would mean, "in two places at the same time". This allows a computer to add another layer of depth to the AND/OR YES/NO table. Unfortunately, modern cryptographic hash and other encryption functions are vulnerable to this sort of computing. This is due to the concept of a "secret key" most of them use, which consists of a long string of 0's and 1's.This string is so long, that it's impossible to guess, even when using powerful computers. Normally, the only way you can "attack" these keys is by trying every single combination (impossible, too many). But quantum computers, since they use superposition, can try every single possibility *at the same time*… since they are only 0's and 1's. This defeats the underlying security of the blockchain, as it's written today.

Quantum computing is a new method of computing and still in its infancy. Remember when computers were massive and used punch cards and vacuum tubes? Well that is what Quantum computers are right now. As they start to develop, we'll be able to slowly and calmly monitor their progress and update bitcoin accordingly.

Thank you. You're the first person I've ever seen say that, aside from me. finally someone gets it.

Correct. But I just want to add:

Buying bitcoin anonymously is SO easy, so I'll have to say no. Also you can start a nazi message board for bitcoin trading, and trade with other nazis. There are solutions if you think about it.

Are you hinting to the net neutrality debate? Well if the government or ISP starts playing wack-a-mole with exchanges, then new ones will pop up. If (for the sake of example) it gets REAL bad, then humans will do what they do best and figure it out. I imagine local bitcoin trading will get real popular. In San Francisco a few years ago there was something called "bitcoin square", which was a set place and time you can meet random people to discuss or trade bitcoin. You could have bitcoin squares pop up in every city and college campus.

It would be real hard to stop people from trading something that they want. Remember the prohibition on alcohol in the last century? Or legalizing marijuana?

I'm sure, yeah, it'll have some impact; probably even a big impact; but it certainly won't kill bitcoin or anything.

Also I am I just have a new ID now.

This is a misrepresentation.

Yeah, no. You have so very little understanding of how bitcoin works I recommend you do your research.

There are reputable exchanges out there. Some with insurance and in developed countries. Try bitstamp or coinbase.

Quick honest question. I mined 300000 dogecoin over Christmas 2013. I never did make the effort to understand exactly what I was doing, or the structure of the coin or cryptocurrencies in general (something I'm thinking about remedying). It's speculation, but will my dogecoin ever be anything more than a novelty?

Dogecoin is full of surprises. Considering it started as a joke more or less, and now its one of the biggest cryptos. Maybe there's something to be said for it's simplicity & accessibility. Might be better places to invest your shekels, but Doge is here to stay.

No.

Because dogecoin is an inflationary coin. Millions of doge are printed every day, and will continue to be, for all time. This means your investment will never increase in value over an unlimited amount of time.

Which means if it does increase, it'll do it for a short period of time. There may be a meme or something that draws it back into the spotlight. But it'll never, ever again get too high, because there are men out there sitting on millions/billions of it. It's all circulatable and dormant. The ones that are pushing the price up right now are circulating and active. You must understand that as the price increases, the dormant coins will start to move as their owners wake up and realize what they're sitting on. They will cash out; thus shoving the market back down.

Bitcoin is meteoric right now because the only thing pushing the price down is the inflationary schedule. This isn't the case for doge, as there are many different, massive elements contributing downward force; only one of which is doge's inflationary schedule.

So right now you're sitting on about $690 worth of doge. If it manages to double in price somehow, then you'll be sitting on like $1400. It's such a petty amount of money, that I personally, would cash out now and invest it in bitcoin instead. But it's up to you and whatever risks you're comfortable with.

Dude, what the fuck? Stop begging here. Jy is beter as dit. Dis seker n slim plan maar jy hoef nie so kommin te wees nie. Ons is trotse mense, nie niksgewoond tapits nie. Wat doen jy met jou tyd nou? Elke man moet vir sy brood werk en daar's niks soos verniet geld nie. Moet asb. nie moan as jy nog internet het terwyl so baie van ons medemense in plakkerskampe woon. Rather offer some kind of service in exchange. 1BTC… very cheeky of you bru. Don't embarrass us.

p.s. Sorry for coming down hard on you man, but sick of freeloaders and bullshitters - you know how it goes.

It seems that Bitcoin currently shows characteristics of a bubble. Many people seem to buy it out of greed, to make a profit, rather than using it as a currency. If so, that means it will eventually burst.
It doesn't even seem to be very useful as a currency when compared to some other crypto currencies.

Does anyone else think that BTC is about to gain the upper hand in the scaling arena? Sounds like Lightning Network isn't too far away. Thinking of dumping my BCH but I haven't sold yet on account of the objections I often see raised about the amount of power Core has over the protocol, which might pose a problem for the future of BTC. Is this just FUD?

That's quite an oversimplification. It's more that for some problems, special algorithms which use quantum properties like superposition to speed problems like the factorization of large numbers considerably. But right now you still need hundreds of qubits in your register to pose a threat to the security of cryptocurrencies, and reliable registers of such sizes don't yet exist.

Just like MaidSafeCoin.

Thanks

Look into Paxful.com Can convert all sorts of gift cards and prepaid cards to btc etc…

I have a crashed out hard drive with a block of 25, solomined many years ago. I think it may still be slvagable. Also sold 300 btc for a grubhub credit, back in 2012, because I seriously looked at btc as a joke. I've stacked more since then, but I can only imagine what I would have, had i held out.

bloomberg.com/news/articles/2017-12-04/the-next-big-short-hedge-funds-prepare-to-trade-against-bitcoin?cmpid=socialflow-facebook-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=facebook&utm_medium=social

OY VEY!
antipope.org/charlie/blog-static/2017/11/unforseen-consequences-and-tha.html

archive.fo/p9Afw

As a person who speaks Dutch on a day-to-day basis, South African remains a strange but understandable language. To be truly honest, it reads as a mentally challenged 12 year old would write to his first girlfriend.

𝐵𝑖𝑡𝑐𝑜𝑖𝑛: 12bdhXNGrGW6eBNsHLhPgoPNuKTjkR1T8o

bitcoin is a super belief so it won't go down easily, like any religion that stands upon multiple pillars - you have to knock down each pillar in succession for the entire belief system to fall - otherwise a standing pillar will keep it afloat while the others are rebuilt…

in religion you have pillars such as the bible, personal faith, church community, witnessed "miracles" etc - each of these things alone is a reason to believe, so all of them working together makes it very hard to dismantle one's mind-virus/ irrational belief in religion. the same is for bitcoin:

bitcoin's pillars include screwing over the banks, jumping into the future one world currency, keeping your wealth resistant to inflation, making money off it as an investment/ speculation, there are other altcoins to fall back on if one fails, the block-chain tech is revolutionary etc. even if you soundly debunk one of these pillars a person who believes in bitcoin will fall back on the others. each news cycle where bitcoin is mentioned keeps bringing more and more people into the fold for whatever reason, and while many aren't convinced, most can never truly leave…

i don't think fiat is in a death spiral, inflation & deflation needs to be adjusted per country to maintain competitiveness - if USD is too valuable then companies import instead of investing in manufacturing here - if the USD is too low then other countries buy up too many of our resources. the fed has broad powers to adjust the value of USD as necessary, backed by the largest and most powerful military the world has ever seen.

governments and banks can and will outlaw and regulate certain types of bitcoins and the manner through which they're used, or offer their own versions of it. the IRS is currently screwing over thousands of coinbase users from 2013 for possible tax evasion… with every transaction recorded through bitcoins public ledger.

bitcoin is not user friendly, it's not cheap to use, it's not convenient. it's not anonymous or special. there's no guarantee of ROI, good luck cashing out during a high volume crisis… meh. people are freaking out like it's the tech bubble all over again, would you have loved to invest in AOL stock before the bubble burst? some will come out ahead, good for them

Buy MCO. I bought at intial sale on Etherdelta, decentralized exchange. My investment just tripled, due to MCO announcement that it will be listed on other exchanges. mona.co/tokensale

Bitcoin is an inside job. What better way than to release a technology into the goy population, under the alias Satoshi Nakomoto or whatever the gook's name is, and have the goy implement and perform all of the R&D legwork for you. You have all been shilled. cnbc.com/2017/11/29/federal-reserve-starting-to-think-about-its-own-digital-currency-dudley-says.html

I use Storjshare. It is the same concept. There are about 5 different distributed web server tokens. This is the future of site hodting. If someone integrates a Tor-like technology into these distributed web server dapps, it will be end game for those fighting cybercrime. storj.io/share.html I think this is why we are seeing a huge push to overturn net neutrality. The backbone providers could throttle miners or delay transactions from reaching the block chain. I might be on to something here.

I've already started thinking about what type of propaganda I could do around my city if I paid people a couple grand. If I'm thinking it, others are thinking as well.

I have compiled a quick paste bin of some useful ICO token listing sites. You decide if this is a bubble or not. I don't think so. This is a total redesign of the commercial system, as we know it. pastebin.com/d6gsdhiR

wasn't there a memecoin called adolfcoin posted here a while ago? What became of it?

clicked

If I recall correctly, a million copycats were created and it was delisted from whatever exchange it was on.

Ok guys, I just invested all of my savings $40K in BTC.
For how long should I hold?

There was (imo) a brilliant chain of posts on ZH last night

zerohedge.com/news/2017-12-03/crypto-surge-sparks-establishment-panic-bans-crackdowns-fatwas-bitcoin-undermines-go#comments

TLDR: December 18th is when everything (might) change when futures are introduced

Whoever has wanted to buy cryptocurrency has been able to do so to their heart's content, as the price now reflects. Short sellers have had a muchmore difficult time, and that changes on December 18. How the Futures contract trades in the first few trading sessions will be a good clue as to the price potential for cryptocurrency going forward

The four most dangerous words in investment are "this time its different". In every market where there are both cash and futures traded, the futures market regularly leads the cash market, Because price is all about discovery of information, and when the cash market sees the futures market moving in a certain direction they assume that some market participantys know something that they don't know and are using the more liquid futures markets to get a position on faster

"Harry Lightning" is the username. He wrote a lot more than what I have posted. I suggest anyone who is interested in BTC read everything he points out in that thread. Sort from oldest posts first. He also talks about how the cryptocurrency thing was invented in the 90s and destroyed by the US government. Why wasn't BTC taken out the same way?

If we'd been gamed, why is the (((federal reserve))) thinking about it's OWN cryptocurrency, you stupid fucking kike shill? You blew your argument with your own post you dumb fucking goat-herding sand-nigger.
TECHNOLOGY IS THE ARYAN'S GAME, CHAIM.

Bitcoin is pozzed now for sure, but pozzed in the sense that (((they))) can see & track transactions. For the record I own less than $100 in bitcoin. (((They))) subverted it, now have the FUCKING CHEEK to act like they own it. Fucking silly cunts don't own shit. I'm btw.
HAVE KIKES EVER CREATED?
They can only steal & corrupt.

CBOE Futures launch on 12/10. Watch the short selling commence. Sell your btc now, while you still have a chance. Buy back double on the dips. This will be utilized by the whales, to increase their stash. Winklevoss twins already became the first Bitcoin billionaires. Now watch how much they siphon off the options hedge.

>archive.is/lOXzm
this was the only link I had time to check
what a fucking unevolved nigger, you are unable to even tell that those people had their computer hacked. no the currency.

is the same as having someone shove a pistol on your head and asking for your cash. these are not arguments to the currency

The problem with the "futures market" is that it's not just that. We don't have just futures markets. We have "futures market," but also in a "central currency war" and "free trade" across "global scales" backed by "socialist/communist consumption" with false underwriting and serial debt. Such creates a setting whereby nothing is accounted, reported, or actually moved. No one has to look. No one actually needs to pay attention. The financials become all high-finance, decoupling from all peripheral/normal markets, drowning out all current-account by virtue of just printing ads/news/tickers of themselves. Ex: Housing in the USA, Jobs in the USA, Tech stock or stock market cap general, etc.

To facilitate this, the futures market allows for infinite contracts, shorting and pumping such that the high/central house never looses. The rest, the non-centrals, never realize their profits and always take the losses, establishing the new normals.

In totality, the problem with the markets is not market-rules, but rather the absence thereof. In other words, their market is not your market; market doesn't mean market any more; adding markets doesn't add markets. It's not that futures-bitcoin will add sellers and potential for dips/bears, it's that futures-bitcoin takes the market itself away while calling it a market.

The fact that bitcoin can, and must, create its own history ledger of verified send-receive and history-edge, with electronic delivery, may in fact protect it against the high-'finance' finance of central poz'ed financial 'financials'. But only if those that participate actually receive; IE only if the high-house does not actually own the contracts with line-item right stipulating that the contract never leaves the house (IE you bought the option to buy and sell and profit on the margin, you didn't buy the full price of ownership, nor delivery) (IE the futures 'exchange' makes a BTC account for you and holds it for you, and you just trade priced-rights, never even having the option to take or give actuals, never sending nor receiving).

I'm sure there are easier and more succinct ways of stating what I'm trying to convey. Firstly, the layers of double think are what is added by "futures markets," for they are not about future and not about market, for they are part of a system of multi-tiers of global insanity. Secondly, based on the actual convenience, it can be convenient enough to do away with ownership and accountability all together, with no need to ever actually move actual. And thirdly, the final result of the secondly, is that a separate high-house is made, such that profits/wealth are always privatized and allocated to the house as they are made, and all losses are socialized back down to the actual-market (IE you, who is not central).

Separately, I'm not sure ZH is good for challenge and response. It is subject to the same rules of eternal september plus shareblue shills, but the very protections that it relies on for comment moderation need flushing and more fighting for proof of worth, the shielding of which becomes a lazy-man excuse to allow entropy to sink in.

I just checked its still going, Seems like an fairly non-kiked operation though its only new and still small. I will keep an eye on it.

Who says this shit is worth anything?

...

Who says fiat money is worth fuck all?

That’s correct. Bitcoin is fiat currency. It’s not money, because the word ‘money’ has a definition. No one uses money anymore (except Arizona and Utah, which legally accept gold and silver for all in-state transactions). Bitcoin is the most perfect fiat currency in existence. It’s the kikes’ wet dream.

kek, at least we don't reason like mentally challenged twelve year olds (at least most). I look to Europe and weep. Still had a good laugh when I read this. Can speak dutch quite fine/hold a conversation. But writing it is a little bit different. It's called kombuis taal for a reason. A mix of Dutch, German and even a little bit of French. Still simplified. Was degenaretely drunk when posting so my grammar was off too.

So NXT worth looking into or not? Pozzed or worthwhile? Unsure about the news you read so asking a sincere question. Don't visit this place much anymore but been hanging around since the first exodus. Just always too tired and reading comprehension is shit.

To add, I feel for the guy… but if he owns land I would not expect having $$$ issues, especially up north and the amount of opportunities there are. Dangerous? Ya, ofcourse. But then again, I don't know his background and I regret saying what I said to him…. but I still believe it's honorable and correct to work for your money. A beggar begs, we were raised in our culture to work for what we earn. This goes for all posters. Not only him. There are many parasites in this world. There are many animals in this world. We are not that and should not act that way either.

I'm banking on it becoming the new darknet tbh. No central authority, it's the linux of crypto. Gonna be yuge once le normaltons realize what it can do.

i guess but its a bit disinegious to define it as such. fiat is commonly understood as without inherent worth because there's nothing stopping you from diluting the supply by creating more money without limit or cost. bitcoin has a definite supply cap (21 million coins) and the emission of these coins is controlled by huge energy costs required to mine as well as difficulty scaling
so while btc is technically fiat (not essentially convertible into something with inherent worth like gold) it really isnt

disingenious
gomen nasai

d i s i n g e n u o u s
pls no bully i swear im only pretending to be retarded

...

Retard the market is probably going to normalize back down to 8k very soon. you're literally making mistake number 1 of buying at an all time high.

Nice mag, did it come with a purse?

gotta fuck with the dick you've got, user..

>gitlab. com/Adolfcoin/dokumentation

How is your eye dude?

...

I believe what you are looking for is Particl

I was holding onto Maidsafe but I recently sold it for BTC. I may buy back in but they haven't even released Alpha 3 yet. I hear it may go all the way to Alpha 5.

The maidsafe tokens would be used for store stuff and voip. To browse the network it is free. I am not sure how high in value maidsafe tokens will go if that is all they are used for.

Bitcoin and crypto in general is really appealing compared to our current system. It is here to stay and I'm sure the value will continue to increase, and you can get rich off of it if you pick the winning crypto or just trade properly during this period. That being said, cryptos are not a way to "take down the banks", or "give power to the people".

Bitcoin will probably become the main crypto because it has the most backing, the most name recognition, and the most involvement by financial industry players and alphabet agencies. (((Satoshi Nakamoto))) (probably not even a real person, just some conglomeration of alphabet agency big wigs, financial elites, and/or bloodline elites) has the power to destroy the market at any time. Literally one person, or group of people, whose identity is completely (((unknown))) not only has the power to control the market singlehandedly, but is also being enriched beyond compare by the rise in the value of Bitcoin. When you participate in Bitcoin, you are just creating the new Rothschild ruling class, only this time, you won't even get to know who they are because they're hidden behind the Satoshi Nakamoto lie, and of course, they are in all likelihood, the exact same people who make up the current Rothschild ruling class.

But that problem is unique to Bitcoin and other currencies in which one actor already has complete, overriding control over the market. Suppose another crypto wins out and becomes the most widely adopted, and suppose there is no Satoshi Nakamoto for this crypto. Consider the fact that whatever blockchain you're running has absolutely been hacked and/or will be hacked as soon as it becomes important. Yes I've seen the run downs on how you would need a perfectly efficient CPU the size of the sun in order to crack the Bitcoin blockchain. It's absurd to believe that the most advanced technology is publicly disclosed, and equally absurd to analyze the possibility of cracking blockchains, working from that assumption. Many of you here understand that the rabbit hole goes vastly, vastly deeper than a normal worldview and a standard physics and ontology can accommodate. For those of you who understand this, the idea that all important blockchains have been and/or will be hacked should be a forgone conclusion.

In short. Yes you can get rich if you do the right things right now. Yes crypto is here to stay. No it's not a way out of the elite controlled value system. It's their new system, in which they will become anonymous and even more powerful. By all means, try to get rich. It would be useful and a lot of fun. But have no illusions about what this system is.

You think that works in the thirld word? Not being cute, I live here.

bitcoin is compromised, do not be fooled by sensationalist """anti-bank""" crowds promoting it as 'free'
that doesnt mean you shouldnt ride the tiger though

reddit.com/r/NiceHash/comments/7i0s6o/official_press_release_statement_by_nicehash/?st=jawcs9be&sh=958d65a6

FEELS BATMAN

reddit.com/r/NiceHash/comments/7i0s6o/official_press_release_statement_by_nicehash/?st=jawcs9be&sh=958d65a6

FEELS BATMAN

If banks are digital only, how do we donate to homeless people on the street? Will they need a battery powered device?

If you made some money, pull out now, there's bound to be a correction soon, bitcoin is at an all time peak.

Time to learn how to machine and make some 30 rounders

If he can buy a phone he can buy some rent

wtf i love a cashless society now

I've watched a lot of YT videos on the subject matter, and I am convinced the 5.45x39mm is superior to the 5.56x45mm.

This guy is asking people to collapse bitcoin so he can buy more and then it'll get valuable again somehow.

Financial genius, this guy is.

heh.
Amateurs.

Lol he is actually right. Crypto as a currency will be fine and is unstoppable, Bitcoin can be thrown under the bus at any time, totally irrelevant at this point besides that it has the infrastructure. Litecoin could take over any time they want, and theres more advanced ones that could also. Iota will be free to send and is future proof, bitcoin cant compete against that when it actually launches.

Like I only have a few hundred bucks on because Im not some fancy high flying capitalist or anything, but say the market tanks. Big deal, Ill throw a few hundred bucks more on, and in 10 years it will still be far above where it is now.

Wait for it to drop to about 14 then wait for the drop when people panic sell. Then just put in a couple of bucks around 13 and let it ride.

'fiat' means 'by decree' and refers to a currency that is backed by the laws of a country saying 'use this currency or else'. Bitcoin is not fiat.

Leddit made a funny.

bitcoin is zog currency, a public ledger where every single transaction you make is recorded forever destroying any form of anonymity.

the blockchain will be the foundation to the world central bank that will be set up after the next financial crash wipes out every retirees savings account. bitcoin itself will crash to zero within 12 months because as a proof of concept it has succeeded in priming the world's population for a digital currency they don't understand.

You don't have to use Bitcoin directly, there's no reason you can't use BTC-backed cash with it. You could even make your own cash in the form of a printed private key if you wanted. Regarding the kikes, they already have their perfect system, even if what you're saying is true all this would do is add transparency to the system and prevent them from inflating the currency to nothing.

It's taxed as an asset in the U.S. so the currency argument is invalid. a Silver Eagle is currency with a denomination of $1 but is traded/sold based on the fluctuating price of silver.
Its just a tradable asset with high volatility.

I missed the boat Holla Forums. Let's meme a crash so we can all be rich fags

Don't worry, homeless will get UBI so they can afford a smartphone.

The entire concept of Bitcoin is stupid. A coin backed by nothing but suckers, with a value that will evaporate when the first nuke or EMP hits, or, more likely, when the guys at the top decide to cash out and send the value back down to nothing, leaving you holding the bag.

Better investment: precious metals, coffee, or a common round like .556 or 9mm.

Polite sage for chasing your dreams, user

independent.co.uk/news/business/news/bitcoin-hack-crash-latest-updates-news-cryptocurrency-treasury-wallet-a8066651.html
do you research before spreading misinformation.

Also, fiat is fine if it's not being loaned to you at interest by kikes. Resorting to this retarded system where you have to construct new power plants just to power futile cryptocomputation just because we're too inept to remove the merchants is actually pathetic.

Constructing power plants to unseat the kikes is probably the best reason to build power plants I've ever heard.

I have some ideas for possible fuel sources for them.

Its got a way to catch up (i'll pick some up tho).

Can some user educate me on this subject? I never bothered to learn about bitcoin or it's variants. Will become a millionaire if I start mining or trading or whatever?

If you have to ask, no.

At any rate here is a basic explanation.

buttcoin is a meme, but it's the first. Real currencies like ETH will become daily use. They are already much more stable

ETH was pushed by large financial backers, which makes it very suspicious and not a good anti-bank currency.
The fact that it is going to go proof of stake makes things even worse.
I think XMR better fulfills what Bitcoin was originally all about.
Especially with its anonymity and ASIC resistance.

Oh, and if you look at the amount of thought they put into their smart contracts, you realize it's a joke.
Their VM and language have no safety or correctness guarantees, which is absolutely insane.

Enjoy your cryptokitties faggot

fucking kike lies. you know that they already do transactions "in secret". get out of here.

This tbh. Not only is (((ethereum))) completely fucking useless, its run by fucking commie kikes with backdoors to everything.

You've just described an aspect of why bitcoin can be good money. Any money or currency's survival depends on the people's belief that it will be valuable. A currency that is as durable as religion is pretty good, isn't it?

Good resources from the other thread, now autosaging:

If nothing else, read at least the first page of the whitepaper: bitcoin.org/bitcoin.pdf. A system true to this vision strikes fear into the cold hearts of all Jews that hear it. I'm starting to lean toward BCH as being better than BTC in this respect.

...

Cryptos are a good source of nerdmoney since more and more normies are starting to learn about the gains and want in on it, this is only the beginning.

Just don't invest blindly, read up and chat with people that know what they're doing, enough people that will help you out @ honeypot/rKQPcQY

You can't use something as a currency if it's value fluctuates 10% in either direction in only a handful of hours, you retard.