[–]▶ No.853692>>853698 >>853805 >>853948 >>854387 >>854622 >>855316 >>861319 >>861321 >>861601 >>864362 [Watch Thread][Show All Posts]
Cryptomarket just shrunk by more than a quarter of it's value, and coinfags are literally overwhelming suicide hotlines.
▶ No.853693>>853694 >>854200 >>854526
That means the USD is about to skyrocket in inflation. Strap in boys here comes US civil war 2 or WW3
▶ No.853694>>853695 >>853697 >>853708
(((who))) is behind it?
>>853693
If USD was going to skyrocket inflation, wouldn't crypto be going to other way?
▶ No.853695
>>853694
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.
▶ No.853697>>853705
>>853694
Honestly? (((Wall Street))) is assraping BTC to get good futures contracts and you can see them accumulating for this on the live graphs.
▶ No.853698>>853699 >>853700
>>853692 (OP)
<the price went down
<coinfags BTFO
<Crypto is finished
lol
▶ No.853699>>853701 >>864967
>>853698
This isn't a price drop faggot, this is a chunk of money the size of a small nation's GDP floating away.
▶ No.853700>>854280
>>853698
Jokes on (you) if people invested into gold and silver instead. Or better yet, knowledge.
▶ No.853701>>853703
>>853699
A year ago it was literally $600 a coin. I still made out 200k so like I give a damn kek.
▶ No.853703
>>853701
You better spend it quick. It will be useless here soon.
▶ No.853704>>853727 >>853825 >>853830 >>853862
The funniest thing is that if you listened to the /b/ shills back in 2011 you would be a millionaire right now.
▶ No.853705
>>853697
Thanks, seemed engineered and that would explain it.
▶ No.853708
>>853694
As long as petrodollar exists, this will never happen.
▶ No.853725>>853864
>bought first fractional ETH at $893
>limited by coinbase and don't want to bother, so purchased more fractional ETH at $1052 and $1249
>read that the scam is finally up
>ETH is at $1081
>fuck it buy more
▶ No.853727>>853728
>>853704
if you'd listen to /b/ 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 /b/ 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.
▶ No.853728>>864337
>>853727
>bitcoin existing in the 90s
>actually not until 2008
sorry, those two decades blur together for me. it's all "the time before I got an actual job"
▶ No.853729>>853741 >>853772
Do your research into the actual reasons why it's going down.
▶ No.853741
>>853729
Old technology and government regulation around the world?
▶ No.853772
>>853729
Because it got harder to buy drugs with?
▶ No.853776
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.
▶ No.853788>>853807 >>853821
https://www.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.
▶ No.853791
Next:
>US economy goes to shit
>USD very cheap
>Trump's new tax reform + cheap currency turns US into tax haven
>cryptofags get rekt
>US economy gets rebuilt on a more solid base
LEL
▶ No.853805
▶ No.853807>>854200
>>853788
In order for that to happen one has to believe that GPU prices went high because of miners in the first place.
▶ No.853816>>853833 >>853868 >>854958
Can cryptocurrency be declared not /tech/? This is a /bit/ subject.
On-topic: it'll recover. It always does.
▶ No.853821
>>853788
>tfw half of all cryptofags kill themselves
▶ No.853825
>>853704
>if you knew to buy [thing] when it was cheap and then sold it when it was high but before the crash you'd be rich, it's so simple
▶ No.853830
>>853704
>implying you could cash out your butcoins
▶ No.853833>>853835
>>853816
>wanting people to go to your dead board
▶ No.853835
▶ No.853837
>tfw 50% of holders kill themselvs
>tfw price doubles because half of supply permalost
HODL wins again at a sweet 20k
▶ No.853862
>>853704
if you had been an insider billionaire like peter thiel you could have made billions from investing in facebook.
shocking, isn't it?
▶ No.853864
>>853725
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
▶ No.853868>>853886 >>853888 >>854519
>>853816
>it'll recover. It always does.
rofl
▶ No.853948>>853965
>>853692 (OP)
nothing pleases me more that uppity rich folk throwing themselves out of windows.
▶ No.853965>>853971 >>854137
>>853948
>rich folk
Anon 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.
▶ No.853971>>854558
>>853965
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.
▶ No.854137
>>853965
>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.
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.
▶ No.854139
Tfw doesn't matter to me now
▶ No.854170
We're definitely in the delusion stage of the bubble
▶ No.854179>>854186 >>854530
>>853809
who's dis cutie and why she doesnt do porn?
▶ No.854181
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.
▶ No.854186>>854530
>>854179
She's a libertarian named Julie Borowski who has a fairly popular youtube channel.
▶ No.854200>>854233 >>854534
>>853693
>implying buttcoin is even a flyspeck on the windshield of the federal reserve
>>853807
>neo-goldbuggerers dindunuffin, we'z gud bois!
▶ No.854233
>>854200
Bitcoin is at 200 Billion now tho.
▶ No.854280>>854520 >>864972
>>853700
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.
▶ No.854309>>854321
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.
▶ No.854321>>861279
>>854309
bi-centennial reminder that bitcoin transactions are not private and that it's shit(full stop) as drug money.
Get Monero.
▶ No.854322
>30% down
>it's the end
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
▶ No.854351>>854363
I wonder if it's in anticipation of Chinese new year and people are taking Bit out for that reason?
▶ No.854363>>854500
>>854351
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.)
▶ No.854387>>854410
>>853692 (OP)
Thank fucking god. Maybe I'll finally be able to get a GPU without paying double the price of it.
▶ No.854410
>>854387
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.
▶ No.854415
>>fluctuate 1/3 value every other day unlike anything else
its perfectly normal guise, look how stable it is!
▶ No.854500
>>854363
>>854363
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.
>T. Americchink who lived there.
▶ No.854519
>>853868
>bubbles are mathematically impossible
▶ No.854520>>854655 >>864972
>>854280
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.
▶ No.854526
>>853693
>tfw you are a silverbug
Where mah PM bros at?
▶ No.854530>>863796
>>854179
>>854186
She is very unpleasant just after two seconds of watching this.
▶ No.854534
>>854200
>>neo-goldbuggerers dindunuffin, we'z gud bois!
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?
▶ No.854558
>>853971
>so many crypto billionaires
Like who?
▶ No.854559
1. There are already two threads
2. Bitcoin regularly drops in January
Fuck off back to cuckchan and kill yourself
▶ No.854622>>865014 >>865150
>>853692 (OP)
>image
>see it a year ago
>think how hot she looks doing that
>do some digging
>finally come up with the actress and the scene
>find it online
>it's interracial
>mfw
▶ No.854655>>854756
>>854520
>gold will never increase in price
Did you miss what happened to gold prices when Brexit passed?
▶ No.854756
>>854655
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.
▶ No.854958
>>853816
I'd say it's /tech/ related if its about the algorithms and science behind the coin. Market price and speculation belongs on /biz/.
▶ No.855260>>855622
>Gamers getting butthurt at non-gamers buying GPUs
Meanwhile, \v\ doesn't give a shit.
▶ No.855316
>>853692 (OP)
Maybe those people should invest money that they can't afford to lose.
▶ No.855343>>855621
*rolls a penny down the street* :3c
▶ No.855621>>855733
>>855343
I accidentally clicked this, am I infected?
▶ No.855622
>>855260
Because it's filled with faggots playing shit like overwatch
▶ No.855733>>855798
>>855621
Why take the chance? wipe your hard drive and start from scratch.
▶ No.855798
>>855733
don't forget to delete your bitcoin wallet backups too
▶ No.861001
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.
▶ No.861008
>>853809
I'd pump and dump this attention whore
▶ No.861052>>861287
>know a guy that had over half a million dollars in bitcoin
>total dumbass that simply got in very early
>just held the coins in his wallet
>thinks he's an investing genius
>kept telling him to cash out ever since btc hit 2k
>nope, gotta hold
>dude finally joins a crypto exchange
>maybe he got a brain and wants to cash out?
>haha no
>apparently, someone told him about the wonders of trading on margin
>turns his plain old boring bitcoin into bitcoin WITH LEVERAGE
I think he'll get liquidated soon, if he didn't already.
▶ No.861069>>861072
The ferverance of nocoiners parralels that of no-nofappers, stoners, and /v/oyim. 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.
▶ No.861072>>861088
>>861069
>There's validity in coins
They're great for unregulated betting but that's it
▶ No.861088
▶ No.861279
>>854321
Can a poorfag who's getting fucked in the ass by the electric company mine it with a crappy laptop CPU? (Ontario sucks)
▶ No.861287>>861324
>>861052
>kept telling him to cash out ever since btc hit 2k
If the guy had listed to you he would have hated you after it went to 20k.
▶ No.861319
>>853692 (OP)
HOW WILL COINFAGS EVER RECOVER??
▶ No.861321
>>853692 (OP)
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.
▶ No.861324
>>861287
That's a good point.
▶ No.861341
>"Bitcoin is over!", exclaimed the increasingly frustrated man for the 8th time this year.
▶ No.861362>>861372 >>861606 >>861763
>Put in $400
>They're worth $195 now
O-okay
▶ No.861601>>861607
>>853692 (OP)
>i'll never find the source of this gif
▶ No.861606
/g/ TIER THREAD, please hide and ignore
>>861362
Patience is a virtue.
▶ No.861763
>>861362
>put in 1.5K
>squander half of it on the french elections
>they're worth 18K now
▶ No.861892
>>861607
what the fuck man
▶ No.863671>>863680
Cryptocurrencies plummet yet again for the third time in a month because they are getting banned everywhere. Is it over?
▶ No.863680>>864214
>>863671
Remember, the floor is 0
▶ No.863796
>>854530
I agree, would not in insert my black seed into.
▶ No.864214>>864238
>>863680
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
▶ No.864238>>864244 >>864249
>>864214
crypto != cryptocurrency you fucking retard
Also Bitcoin is the only non-meme coin.
▶ No.864244>>864360
>>864238
>Bitcoin is non-meme
Oh the ironing
▶ No.864249>>864277 >>864360
>>864238
>crypto != cryptocurrency you fucking retard
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.
▶ No.864277>>864341
>>864249
Does any of those have an unlimited mining cap?
▶ No.864337
>>853728
>it's all "the time before I got an actual job"
Oh, you mean never. Got it.
▶ No.864341
>>864277
>unlimited mining cap
>the year is 2709
>humanity, having exhausted their own star, sets off into the further universe to find more
>massive dyson spheres are constructed around a star, drawing off all of it's energy and turning it into a burning husk
>they produce, on average, 0.5 cryptocoins per star
▶ No.864360>>864370
>>864244
I meant that relative to all the other cryptocurrencies
>>864249
>Autism: the post.
Fuck you, nigger. Learn what words mean before you use them.
>Ethereum, Monero, NEO, Stellar
>better
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
https://en.wikipedia.org/wiki/Ethereum#The_DAO_event
▶ No.864362>>864381
>>853692 (OP)
>bitcoin up 800% since start of 2017
COINFAGS BTFO THEY WONT SURVIVE THIS ITS ALL OVER HAHAHAHAHA
T. nocoiner
▶ No.864370>>864422 >>864433
>>864360
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.
>le epin webdev cucks meem
Yeah, surely Ethereum was made by CSS munching faggots in languages that program themselves automatically like Rust amirite?
▶ No.864381>>864442
>>864362
>ha it just went up a little bit
>n-now I've only lost $7000 instead of $8000
>nocoiners BTFO
▶ No.864422
>>864370
>correcting someone for using words incorrectly makes one autistic
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.
>rust
why did you mention this?
▶ No.864433
>>864370
>Yeah, surely Ethereum was made by CSS munching faggots
https://web.archive.org/web/20140302035654/http://blog.ethereum.org/2014/01/23/ethereum-now-going-public/
>The core Ethereum team includes four members:
>Vitalik Buterin: Vitalik is responsible for a number of Bitcoin projects, including pybitcointools, a fork of BitcoinJS and multisig.info
>Mihai Alisie: Mihai Alisie’s first foray into the Bitcoin community is Bitcoin Magazine. Mihai is also involved in an innovative online e-commerce startup known as Egora.
>Anthony Di Iorio: Anthony Di Iorio is a Founding Member, Board Member & Executive Director of the Bitcoin Alliance of Canada, Founder of the Toronto Bitcoin Meetup Group, and partner / founder in various Bitcoin start-ups and initiatives including the in-browser Bitcoin wallet KryptoKit, Cointalk, the Toronto-based Bitcoin hub and coworking space Bitcoin Decentral, Bitcoin Across America, and the Global Bitcoin Alliance.
>Charles Hoskinson: He founded both the Bitcoin Education Project and Invictus Innovations prior to accepting his current role as a core developer of the Ethereum Project.
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
▶ No.864442>>864445 >>864514
>>864381
>unironically being a no coiner
Still making 800% profit
▶ No.864445>>864449
>>864442
Bitcoin is a CIA controlled OP
▶ No.864449
>>864445
CIA controlled op or not profit is profit
▶ No.864514>>864549
>>864442
Poker is a more stable investment than fucking cryptos, I wouldn't touch this shit with a speeding bullet
▶ No.864549>>864567 >>864581 >>864582
>>864514
crypto != cryptocurrency
crypto is short for cryptography
▶ No.864552>>864558
I'm kind of baffled that no one has yet made the connection between cryptocurrencies and the much-discussed concept of a cashless society
▶ No.864558>>864578
>>864552
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.
▶ No.864567>>864588
>>864549
>what is context
Salt? You mean sodium chloride? xdddd
▶ No.864578>>864588
>>864558
So why are the globalist banking jews trying their hardest to remove all cash from citizens' hands?
▶ No.864581>>864588
▶ No.864582>>864588
>>864549
you're on par with hey /tv/ / busted shift guy
▶ No.864588>>864669
>>864567
retarded analogy
>>864578
to get more control of course. doesn't mean that cashless is bad though. just the kike implementation of it sucks
>>864581
>>864582
i'm just correcting niggers who don't know what crypto means
▶ No.864606>>864655
Wdym? I'm stocking up on cheap crypto
▶ No.864655
>>864606
>I'm accruing lottery tickets
>>>/biz/
▶ No.864669>>864932
>>864588
>hes a crypto
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.
▶ No.864932>>865095
>>864669
wrong. crypto is short for cryptography. using crypto to refer to cryptocurrencies is nigger tier
▶ No.864967
>>853699
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?
▶ No.864972
>>854520
>>854280
>gold and silver will never go up
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".
▶ No.864975
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.
▶ No.865014
>>854622
like the usual nigger interracial? If it's a pajeet dude or something I think I could maintain an erection.
▶ No.865095>>865213
>>864932
Cryptographers stole the word it does not mean cryptography
▶ No.865150
>>854622
don't remind me, anon. I searched for a while trying to find that clip. So disappointed.
▶ No.865213>>865235
>>865095
Do you have any proof to back up your ridiculous claim?
▶ No.865235>>865785
>>865213
>crypto
just means "concealed". As in cryptids or crypto-Jews. Cryptography is just one use of that prefix.
▶ No.865785>>865791 >>865848
>>865235
So why do you think it is ok to use crypto to refer to cryptocurrencies?
▶ No.865791>>865834
▶ No.865834
>>865791
So you agree with me. Nice.
▶ No.865848>>866103
▶ No.866103>>866292
>>865848
no. zcash is cryptocurrency
▶ No.866292>>866708
>>866103
zcash is crypto, it is hidden
▶ No.866708>>866738
>>866292
https://z.cash
Found it. If it were crypro I wouldn't have been able to find it. Also notice that it describes itsels as cryptocurrency.
▶ No.866738>>866739
>>866708
Not that cryptography describes itself with the graphy part. If cryptography was really crypto then why can I find wikipedia pages on it.
▶ No.866739
▶ No.868049