2018
>crypto is dead, bury it
2020
>oh man I wish I bought eth at $100
2018
Jayden Harris
Ryan Powell
2018
>crypto is dead, bury it
2019
>HALFENING! ALL PEOPLE ON BOARD! MOON!
2020
>Man, I wish I would have sold BTC at $1000
2021
>Bear market, this is good for BTC
2022
>Bear market, this is normal for BTC
2023
>HALFENING! ALL PEOPLE ON BOARD! MOON!
2024
>Man, I wish I would have sold BTC at $100
Parker Adams
please explain the underlying value in cryptocurrencies
Elijah Wright
>please explain the underlying value in cryptocurrencies
M-m-m-muh mining expenses...
M-m-m-muh network effect...
John Bennett
You fucking wish
Levi Powell
>You fucking wish
It is what will happen.
Benjamin Reyes
Sure user. Your fantasy will come true.
Kayden Bell
I try to talk rationality into /biz for almost a year now.
Everyone laughed at me, when I sold crypto at ~12k.
The fact that some people still laugh tell me, that the bottom is not in for a loooong time.
Keep losing your money, faggot.
Ian Bailey
>I sold crypto at ~12k.
At what price did you buy it?
Matthew Murphy
Sub 2k, dont remember the exact number but it was early 2017.
Made more money riding DGB and NEO than by just buying BTC, but the overall gains made me repay my student loan and buy two flats in my hometown.
Jackson Anderson
>Sub 2k
Nice.
Personally I was thinking to buy it when it was $500 however all the bullshit to get into it or buy it safely was putting me off and I was thinking I would have sold it if it was $2K because I was not going to buy $2K.
What did you use to buy bitcoin?
What ways of buying and selling?
Jason Taylor
Why do bears LARP like this? And why do they come on here just to try to make others feel dumb?
You should get a qt3.14 azn gf user they really help with mental illness. Kinda like having a puppy
Aaron Walker
2018
>friend shouts at me for telling him NOT TO BUY BTC @ 8k
late 2018
>same friend shouts AAAAAAAAAAA
Brayden Cooper
Dude.
The maximal real value of BTC is $1 or $0.5 because its only funny internet money to get drugs and illegal stuff.
This is the only value of BTC.
Jacob Mitchell
>Why do bears
>bears
Do you even know what this word means?
You will see bears going crazy with futures and other bets on how low bitcoin can get.
Grayson Taylor
>A billionaire in Russia can transfer 500 million to a partner in the US without having to go through a bank
>Drug dealers can store wealth easily
>International illegal trade now much easier and safer
You see no value in the illegal use cases? I swear to God the only metric you retarded perma bears use to value a currency is whether or not Rebecca wants to buy a new iPhone with it
Dominic Mitchell
>What did you use to buy bitcoin?
Nothing. The times I activelly tried to use crypto was what made me come back to reality and see it as something to make money in and not a currency. Even the shops who had the sticker "we accept bitcoin" were not able to accept it. I tried to buy computer parts (SSD, mouse and keyboard), one beer in a local bar and a protection case for the mobile of my girlfriend.
Each and every time, I paid in fiat after asking to pay in crypto.
In the bar, the nephew of the owner did set it up, but the smartphone they used for crypto transactions for was broken, because someone spilled beer on it. In the computer shop and the mobile shop they told me, that they trashed everything related to this, because no one used it.
In the bar, they had just two customers asking & just one successfull transaction before the smartphone were broken. And in the other two shops, I even was the first person to ever ask to pay in BTC, after almost half a year them offering it.
>What ways of buying and selling?
I bought DGB because I was drunk and wanted to try out exchanges. Antshares because it was shilled heavily on /biz when it was at ~$1.
Grayson Morgan
>to go through a bank
Useless see below.
>easier and safer
Bullshit see below.
>can store wealth easily
Absolute horse shit its volatile as fuck only absolute retards keep money in crypto.
Crypto is for fast transfers (you put it in and get it out) or speculation (keep it and sell later to other retards who are more retarded then you) .
>You see no value in the illegal use cases?
Why do you want to avoid a bank if its not illegal?
>iPhone with it
Look at this you fag
blockchain.com
Now tell me how your BTC keeps its value if you need more of it to buy anything while good old USD is practically the same.
David Bell
>what is dai stablecoin/USD tether
You are a literal retard if you think stablecoins aren't crypto
Adrian Roberts
>>What did you use to buy bitcoin?
Oh I see you misunderstood my question I was asking the other way around
What did you use to acquire crypto.
>Antshares
Other things? Stories etc? The story about it being a nightmare to use IRL was entertaining.
I seriously have seen crypto only as speculation and to buy VPN subscriptions with it. So instant buy and sell.
Jackson Allen
>You will see
People tell this again and again.
Yet all I see is crypto crashing according to my predictions from december 17.
Gabriel Thomas
>spending cryptocurrencies
Jackson Long
>stablecoin
Is this the new bitconnect?
Easton Nguyen
WOW so you buy it and keep it forever.
Now this is retarded.
Also
A) crypto is for day to day transactions
B) crypto is for long time speculation
Pick one.
Julian Sullivan
yes. precisely
Luke Ross
>What did you use to acquire crypto.
Bank --> coinbase --> poloniex (riding DGB) --> wallet --> bittrex (riding ANS) --> coinbase --> bank.
Cashing out was a journey.
Short story:
>want to cash out
>transfer all to coinbase
>account locked immediately & them asking KYC again
>give them my data
>one week later
>mental wreck, agressive & sleep deprived
>did not tell my gf about my crypto adventures, because she dont like speculation
>almost broke up with my gf out of stress
>they call me & demand another verification of my identity from my bank
>do it
>bad health, sleep at a friends couch to not strain my relationship further
>another week passes, get confirmation of transaction
>talk to a professor of mine about how to handle the IRS (was a student at uni at the time)
>he helps me
>meeting with the bank
>all friendly & supportive
>pay taxes
>bank account shows numbers I never saw
>pay my professor 5k for his efforts & support
>move back to gf
>confess why I was a stressed asshole the whole time
We are still together, think about proposing to her next year.
Benjamin Torres
You're right op, it may be 2019, 2020, 2021, etc but it will happen. Brainlets wI'll ne brainlets though
Blake Gomez
WOW I was told Jow Forums has the biggest population of dog shit sniffers in the universe however WOW.
Simply WOW.
This is a accomplishment in retardation and everyone applauds you.
Not only is this going into the collection I doubt anyone can surpass your stupidity.
FYI
Bitconnect
en.wikipedia.org
>a Ponzi scheme
>Bitconnect closed in January 2018. The BCC token was still in circulation, and crashed in price. As of September 2018
youtube.com
youtube.com
Chase Rodriguez
DGB:
Dont actually remember buying it, because I was drunk as fuck this evening. I woke up in front of my laptop with no energy and thought I was shitposting on Jow Forums after returning from a party.
Instead, I bought about 1.5k€ worth of DGB at ~25 sat, which I realized on June the 7th. Still get nightmares from this evening, because I was scared of losing my gf if I would have told her. Which is why I shut my mouth about it.
ANS
A couple of days later, I bought ANS with a quarter of what I made (~25 or 30k) and sold as soon as it hit $30.
BTC trippled afterwards and I lost several thousand on "being a trader" before coming back to my senses, realizing I was failing university, cashing all out and getting back to uni. It did cost me a semester and almost my relationship and I never want to go through 2017 ever again, because it was absolutely nerve wrecking. But I am happy it happened.
Brandon Diaz
Source?
Lucas Harris
Bloody hell what a ride.
>Bank
Personally I did not wan't the bank knowing I buy crypto and where I get my money from.
I even wanted to try mining and sit on what I mined however all the pools where scamtastic and unhelpful like
>>Stop pointing GPU miners at this pool fucken newfags REEEEE
I was thinking of selling crypto IRL for cash or transferring it to a account and then gradually paying it out from the bank so they don't go crazy.
Charles Lewis
Legend of the Galactic Heroes
Jace Taylor
0/10 larp
Eli Perez
I would be too scared to not pay taxes on my stuff after my professor held a lecture on how the IRS works.
Basic tenor in Germany: banks may not be obliged to send all dubious data to the IRS, but they do it if there is even a slight possibility that you try to dodge taxes. And they do it before you yourself even know that the money is transfered.
Cope harder, faggot.
Elijah Miller
Hmm.
This is the problem how to get this money out legally.
You always can go and meat drug addicts in McDonalds who will give you physical money.
However this sounds like a extreme sport.
The other option is to transfer small amounts of money like 2K to your own bank account. Over a long period of time.
Charles Lee
Both was not an option. The first is not usable without risk for your life (also tedious as hell, as changing cities, arranging meetings in save spots, driving etc. would take time) and the second one also will get detected, if you don't already receive regular amounts of like 2k on a daily base. The bank will report any anomalies that may give a hint to criminal activity, be it trigger words in the description (like "bomb") or the simple amount. Best case they say "OK", second best case the account gets locked and they ask for information about it and worst case they come back in two years and ask you why you did not report it. The later case means literally ape, as they only do this if they have info on you and the money, according to my professor.
Aiden Rogers
honestly if you're asking this at this stage you probably have about 10 braincells and willing to be spoonfed anything.
Daniel Richardson
Most of you are definitely buying at these prices. Hypocrites.
Ayden Turner
What is sauce of this gif
Jordan Flores
why not just use a shady bank? then buy real estate or stocks in a not so first world country w/ money from that bank (e.g. greece etc.).
the problem only comes when you want to buy stuff in the first world where there are actual regulations to catch you and shit.
but i dont see the problem in paying taxes. you can probably do some clever shit and get it down to just 10% tax on your total stack. worth it to stay in the first world imo.
Kevin Hill
>Shadow banking cartel
>100 million revolving dark net markets.
>2 billion unbanked people on planet.
We will see the bottom soon and the price will jump back to 6k or 7k in 2 weeks. Volume is going up, money is moving from bank accounts to exchanges as we speak.
Christian Rodriguez
>friend buys BTC at 14k
>tell him to sell him at 20
>calls me stupid
>tell him to sell at 16
>calls me dumb
>tell him to sell at 12 before loss gets bigger
>friend is AAAAAAA
i dont enjoy grief of others but i fucking told him so
Owen Robinson
WEW lad.
I would have advised everyone to sell when it was over 10K.