Comfy end of coinfags thread

Cryptomarket just shrunk by more than a quarter of it's value, and coinfags are literally overwhelming suicide hotlines.

Other urls found in this thread:

reddit.com/r/CryptoCurrency/comments/7qu8t9/18002738255_us_national_suicide_hotline/?thing_id=t3_7qu8t9
archive.is/GTUo0
en.wikipedia.org/wiki/Ethereum#The_DAO_event
web.archive.org/web/20140302035654/http://blog.ethereum.org/2014/01/23/ethereum-now-going-public/
z.cash
twitter.com/AnonBabble

That means the USD is about to skyrocket in inflation. Strap in boys here comes US civil war 2 or WW3

(((who))) is behind it?

If USD was going to skyrocket inflation, wouldn't crypto be going to other way?

Oh yes that will happen next after the USD skyrockets. Crypto coins crashing is meant to shock consumers into spending the last of their saved wealth in the form of cash and coins. Then with all the crypto or most of it bought off by (((rich investors and merchants))) (((banks))) will then invest into bonds and junk stocks to increase interest rates to help the consumers lose faith in using the USD. Then inflationary printing begins. But only after all faith in the usefullness of the USD is gone.

Honestly? (((Wall Street))) is assraping BTC to get good futures contracts and you can see them accumulating for this on the live graphs.

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This isn't a price drop faggot, this is a chunk of money the size of a small nation's GDP floating away.

Jokes on (you) if people invested into gold and silver instead. Or better yet, knowledge.

A year ago it was literally $600 a coin. I still made out 200k so like I give a damn kek.

You better spend it quick. It will be useless here soon.

The funniest thing is that if you listened to the Holla Forums shills back in 2011 you would be a millionaire right now.

Thanks, seemed engineered and that would explain it.

As long as petrodollar exists, this will never happen.

>read that the scam is finally up

if you'd listen to Holla Forums shills you would be pulling your hair out trying to offload shitty fucking bitcoin. The most opportune, seeing-the-future task would've been to buy one of the altcoins that coinbase supports exactly a year ago. They all went up, but altcoins went up by many more factors than bitcoin did.
And the Holla Forums shills were shills. Fucking everyone involved in bitcoin is a massive obvious scammer. I looked at it in the 90s and dropped it when I saw a bitcoin wiki refusing to advertise some shitty t-shirt site because the site was valuing bitcoin 'wrong'... that's not how currencies work you pieces of shit.

sorry, those two decades blur together for me. it's all "the time before I got an actual job"

Do your research into the actual reasons why it's going down.

Old technology and government regulation around the world?

Because it got harder to buy drugs with?

Even if you have any amount of *coin you still need to convert it into actual money.
This takes time and if everyone does it a the same time things will crash.

reddit.com/r/CryptoCurrency/comments/7qu8t9/18002738255_us_national_suicide_hotline/?thing_id=t3_7qu8t9

Does this mean high-end GPUs will become affordable again? I've been waiting to upgrade from a toaster for a while now.

Next:
LEL

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archive.is/GTUo0

In order for that to happen one has to believe that GPU prices went high because of miners in the first place.

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Can cryptocurrency be declared not Holla Forums? This is a /bit/ subject.

On-topic: it'll recover. It always does.

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Not my board.

HODL wins again at a sweet 20k

if you had been an insider billionaire like peter thiel you could have made billions from investing in facebook.
shocking, isn't it?

just sit on it for a few years and ignore it, you're going to take years off your cardiovascular health if you follow the prices closely

rofl

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It always does.

nothing pleases me more that uppity rich folk throwing themselves out of windows.

user rich folk do not buy cryptocurrencies because they know what currency speculation is. The ones buying cryptocoins are the backwoods trash that think it's a get rich quick scheme, so they dump all of their child support checks into BTC.

Rich people recognize financial opportunities and act on them. If rich people scoffed at speculation then venture capital firms, and hedge funds wouldn't be a thing. How do you think so many crypto billionaires were made? The ones who already made millions who still had access to their funds already cashed out. The big winners realistically started their portfolios with at least a 6 figure seed, which is a non trivial amount.

Yes and then those people are screwed out of their money by the savvier rich folk who cash out before them. That's how speculative bubbles operate.

Tfw doesn't matter to me now

We're definitely in the delusion stage of the bubble

who's dis cutie and why she doesnt do porn?

bitcoin is a bubble and you need to be retarded to think otherwise when the transaction fee costs more than what you buy.
It's a failed system which is fundamentally flawed and can't scale.

Anyone who bought into the hype deserves to lose him money, and you will, because it's a zero sum game.

She's a libertarian named Julie Borowski who has a fairly popular youtube channel.

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Bitcoin is at 200 Billion now tho.

Gold and silver retain their value, they do not get value. That's why investing in gold or silver (unless it's long term) it's a retarded idea.

Reminder: if you weren't on the bitcoin train pre-2010 its already too late to profit, anyone cashed out will be strung for tax evasion. Good luck with your unstable monopoly drug money.

bi-centennial reminder that bitcoin transactions are not private and that it's shit(full stop) as drug money.
Get Monero.

lel, this is pretty normal for cryptos
sure it looks like a downtrend started but a 30% decrease happens every now and then. I doubt the prices will go much lower than 3K. If it follows the pattern, price will not go below 1K at all. Will be interesting

I wonder if it's in anticipation of Chinese new year and people are taking Bit out for that reason?

No. The amount of people in China with BTC is very small. Unless those with BTC are cashing all of it to travel and buy gifts (unlikely, since a. They have millions of dollars worth of BTC and b. That would be retarded since they would lose their BTC and their leverage on the market.)

Thank fucking god. Maybe I'll finally be able to get a GPU without paying double the price of it.

You can get GPUs at MSRP every fucking day. Just use one of those price watching alert sites and have it send alerts by SMS. Stuff pops up all the time.

Also I doubt people are going to quit mining. This drop was probably temporary and even if not it's still profitable to mine.

its perfectly normal guise, look how stable it is!

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Not sure. I just know the new Chinese law only let's you convert to 30000usd total a year with no exceptions. They also started cracking down on cryptominers recently afaik from my relative at the PSB.
I don't know how much but coin is in Chinese hands rn,but I do know that they've been using this to launger money now the HK route was cut via that law change.

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Gold and gems and shit like that are not an investment. It will never increase in price, if anything it'll drop due to ever improving ability to obtain it and increased market supply. But it's better at holding its current value than fiat currency. If you want to store money for very long time without having to whore yourself to (((banks))), you buy permanent luxury items.

Where mah PM bros at?

She is very unpleasant just after two seconds of watching this.

I think it's the same sudden obnoxious kikery of manufacturers like Google, Samsung and Apple that coincided with the bitcoin fad. Everyone seems to have stepped up prices. One thousand dollars for a shitty chromebook or soon-to-be-abandoned phone. Hello?

Like who?

1. There are already two threads
2. Bitcoin regularly drops in January
Fuck off back to cuckchan and kill yourself

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Did you miss what happened to gold prices when Brexit passed?

Gold went up quite a bit during the 2008 crash. It was going at like $800/oz and eventually went up to around $1800, then slowly back down to what it's at now (hovering around $1300 +/- $50 for some years).
I guess that's just the effect of flooding the market with trillions of dollars. In the long term, gold is accurately reflecting the real inflation.

I'd say it's Holla Forums related if its about the algorithms and science behind the coin. Market price and speculation belongs on /biz/.

Meanwhile, \v\ doesn't give a shit.

Maybe those people should invest money that they can't afford to lose.

*rolls a penny down the street* :3c

I accidentally clicked this, am I infected?

Because it's filled with faggots playing shit like overwatch

Why take the chance? wipe your hard drive and start from scratch.

don't forget to delete your bitcoin wallet backups too

IT'S HAPPENING

We're out of the bear trap. Bitcoin has fallen $500 in the last hour and a half. It's at US$9500 and is still falling like a rock.

I'd pump and dump this attention whore

I think he'll get liquidated soon, if he didn't already.

The ferverance of nocoiners parralels that of no-nofappers, stoners, and Holla Forumsoyim. Whenever the topic brought up, they go into a frenzy to exclaim how terrible the other side is, instead of honestly focusing on the shortcomings of themselves. There's validity in coins, even if it seems like on giant ponzi scheme.

They're great for unregulated betting but that's it

*slow clap*

Can a poorfag who's getting fucked in the ass by the electric company mine it with a crappy laptop CPU? (Ontario sucks)

If the guy had listed to you he would have hated you after it went to 20k.

HOW WILL COINFAGS EVER RECOVER??

Coinfag here. I'm not really that flustered about it tbh, but I am quite interested in how it's all gonna turn out. Tho I don't get why nocoiners seem to be so emotionally invested in this.

That's a good point.

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O-okay

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/g/ TIER THREAD, please hide and ignore

Patience is a virtue.

It's interracial

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what the fuck man

at least this PoWH420 garbage is keeping things interesting in times of trouble.

don't an hero, four-two-zero

Cryptocurrencies plummet yet again for the third time in a month because they are getting banned everywhere. Is it over?

Remember, the floor is 0

I agree, would not in insert my black seed into.

Kek I remember when it crashed at $200 and everyone thought it was the end of crypto.
don't buy bitcoins you faggots, they are old technology. There are so many better coins now that have a good future

crypto != cryptocurrency you fucking retard
Also Bitcoin is the only non-meme coin.

Oh the ironing

Autism: the post.

Bitcoin just has nothing interesting going for it other than being popular. The technology and features behind Ethereum, Monero (possibly the next Bitcoin), NEO and Stellar are simply better and infinitely more interesting.

Does any of those have an unlimited mining cap?

Oh, you mean never. Got it.

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I meant that relative to all the other cryptocurrencies

Fuck you, nigger. Learn what words mean before you use them.

They are a complete fucking meme. They all use buzzwords and are made by fucking webdevs. Bitcoin is not a meme because it doesn't have all those badly thought out features without security proofs like those webdev shitter coins.
Ethereum literally has some shitty javascript programming language with which you write smart contracts. Fucking LMAO
en.wikipedia.org/wiki/Ethereum#The_DAO_event

COINFAGS BTFO THEY WONT SURVIVE THIS ITS ALL OVER HAHAHAHAHA
T. nocoiner

Not knowing why I called you autistic reinforces the idea that you are, indeed autistic. Although maybe I should have been clearer: being unable to infer context doesn't make you autistic, it just makes you retarded.

Yeah, surely Ethereum was made by CSS munching faggots in languages that program themselves automatically like Rust amirite?

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well at least im not a nigger

ethereum smart contracts are literally programmed in a javascript like language. these webshitters even had a buggy example contract up on their site.
why did you mention this?

web.archive.org/web/20140302035654/http://blog.ethereum.org/2014/01/23/ethereum-now-going-public/
Wow I really have high confidence in Ethereum. A cryptocurrency that was made by some faggot that has only written trivial shit in scripting languages, some shitskin who published a fucking magazine, a cryptokike and a numale who has made a bitcoin tutorial. Amazing

Still making 800% profit

Bitcoin is a CIA controlled OP

CIA controlled op or not profit is profit

Poker is a more stable investment than fucking cryptos, I wouldn't touch this shit with a speeding bullet

crypto != cryptocurrency
crypto is short for cryptography

I'm kind of baffled that no one has yet made the connection between cryptocurrencies and the much-discussed concept of a cashless society

Cashless is the way to go. There is no reason to keep using metal disks and paper as money. The problem with the current system is the jews.

Salt? You mean sodium chloride? xdddd

So why are the globalist banking jews trying their hardest to remove all cash from citizens' hands?

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you're on par with hey Holla Forums / busted shift guy

retarded analogy

to get more control of course. doesn't mean that cashless is bad though. just the kike implementation of it sucks

i'm just correcting niggers who don't know what crypto means

Wdym? I'm stocking up on cheap crypto

>>>/biz/

Does not mean he is a cryptography. Here is a definition from the top of google "a person who secretly supports or adheres to a group, party, or belief. ". One field does not get to own a word. Here is another "secret or hidden; not publicly admitted: ". By this second definition zcash could be called crypto because of its anonymity properties.

wrong. crypto is short for cryptography. using crypto to refer to cryptocurrencies is nigger tier

And when the prices increased by that amount it was also a "chunk of money the size of a small nation's GDP" so what's your fucking point?

I bought gold and silver starting in 2008 and sold most of it in 2011 for roughly double what I payed for it to get a deposit for my house that I'm sitting in right now.

Oh yea, I'm feeling reeeeal retarded for investing in that stupid "not an investment whose price will never go up".

Good. Now we just need to make cryptocurrency illegal and have all coincucks kicked onto their knees and shot in the back of the head. Your fake internet money was designed to get away with buying drugs and money laundering and every coinkike is guilty of enabling it.

like the usual nigger interracial? If it's a pajeet dude or something I think I could maintain an erection.

Cryptographers stole the word it does not mean cryptography

don't remind me, user. I searched for a while trying to find that clip. So disappointed.

Do you have any proof to back up your ridiculous claim?

just means "concealed". As in cryptids or crypto-Jews. Cryptography is just one use of that prefix.

So why do you think it is ok to use crypto to refer to cryptocurrencies?

I don't.