Based

Sources?

What kind of moron thinks there's any way up for bitcoin?

like 90% of bitcoin is owned by the chinese, they had enter football field sized warehouses of gpus mining them

The power of positive thinking and the idea that we as a force together can manipulate the currency? At least until I recoup my losses.

>gpu mining
>bitcoin
maybe in 2011

They're allowed to burn trash to fuel their mining operations. Shit, their gubmint practically encourages it.

This. Can't buy or sell crypto now without a selfie of you holding your ID. VirWox just recently stopped accepting PayPal, even the "anonymous" alternatives like paysafecard now require the selfie nonsense.

What about those who just want to bypass the payment networks and be able to send electronic funds unobstructed? Anonymity isn't a requirement for that.

So some guy with a GPU set up, "mines" bitcoin and then other idiots with REAL money, give their REAL money for this bitcoin
Sounds like a scam to me.

Shill for Bitcoin because it is a huge pyramid, and you are WAY down.

10 years from now Bitcoin will be the AOL of today.

People will say "You STILL have Bitcoin?" like someone today says "You STILL use AOL?"

Bitcoin will be worth about 10 cents.

Current bitcoin version under the ticker BTC is a ponzi scheme. The devs limited the blocksize to 1mb, intentionally crippling the entire network. This means it can't scale on chain, and all the economic incentives that makes the system work to begin with fails.

This is why BTC is a dead coin walking, as soon as usage increases and the blocks are full, the entire network grinds to a screeching halt due, fees spike to 20-50++ dollars per transaction due to congestion. This is what happened in December 2017 where the entire cryptomarket split into a thousand coins, because BTC was no longer usable.

If you want to lose all your money, go ahead and invest in BTC. You have been warned.

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What about XRP?

Gen X was a mistake

not just doge majority of altcoins looks like they should explode

>buying into cryptocurrency

you realize you're giving your hard earned real world currency over to the NSA? the NSA developed bitcoin. cryptocurrency is a ruse to get young gullible white tech boys to give their boomer parent's money over to them and give you nothing in return. you are all fucking morons

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fpbp

yikes

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Bitcoin won't drop very low. A lot of drug dealers use it, so it is supported by actual cash flowing from addicts.

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what is xrp, do you mean ripple?

Bitcoin will never be worth $1 million. POW is a failed concept, and BTC will eventually be relegated as innovative but obsolete.

cringe

XRP is not even a cryptocurrency. It's a centralized token created by banks. It is the most kiked invention in the entire space.

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quality cope froggy

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don't you faggots find it strange that nobody but white boys buy into cryptocurrency? you are giving your real money to the jews for magic beans. brown people don't buy this shit. if you do make any money it's the money stolen from the next gullible white boy

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The Jews will buy all the shares and then will end up exactly where we are now.

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trends.google.com/trends/explore?q=bitcoin

all those white bois in ghana cant stop buying bitcoin!

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why

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10 years?

Wasnt long ago when they said 1 million by 2019

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bitcoin isn't secure

It would be a scam if he claimed he was mining bitcoins with GPUs

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>XLM at $20 before EOY

Check em

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Andew Torba is a Jew faggot.

FIAT wagecuck is SEETHING

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those countries don't even have running water or functional governments. of course they're going to use it. look at the next 15 and they're all white. go to Jow Forums and everyone is white. look at the youtube videos and they're all white. go to crypto blogs and they're all white.

>implying crypto will ever widely catch on
>implying bitcoin will be the crypto of choice if it ever does (in favor of some (((stable and regulated))) state-sponsored crypto)

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>be owned by majority dumb poorfags
>bitcoin raises in value
>spend all bitcoin cause nouveau riche dont know how to handle money
>bitcoin owned by same people who are rich now

>

>buy my bags
>pls

Bitcoin is actually shit. Why is shit so expensive? That's because there are a lot insane people who are easily manipulated into buying shit. It's the same reason movies roll in billions. Who in their right mind would pay for a movie when you can at least download it for free on the internet? Who can actually would buy Bitcoin if you can actually buy real product for actual money? It's all insane people.

And insane people are not going to get rich.

>Bitcoin

Why? Its Blockchain implementation is ancient as fuck. There are far more improvement blockchains available today that beat the original blockchain in every single aspect.

Blockchain is a great technology its just that Bitcoin doesnt have to offer anything special anymore and its time outside of black/gray markets is over.

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why don't you buy shares you and your family and change your shitty destiny ?

>I don't understand why 1MB blocks are necessary for decentralization or why scaling and slowing down chain growth with the lightning network is a more sustainable solution than larger and larger blocks
Also, fees are only as high as you're willing to pay. You can literally chose how much transaction fees you want to pay with any decent Bitcoin wallet. If you pay less, you just have to wait longer.
And The market didn't "split into a thousand coins" because BTC "wasn't usable" either, inform yourself about the ICO wave of 2017. Almost all of the coins that came into existence at that point had a different use case than Bitcoin and were not looking to replace it.
You're using Roger Ver's shill rhetoric, fuck off.

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kek explain how satoshi's bitcoin haven't been hacked for 10 years ?

Cant force it user. Kek will appear when it is time.

Gab.com bans lolis calling them demonic, while you can post lolis on twitter just fine.
They are not after freedom of speech, they are just as bad but conservative.

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I read something about Russia looking to buy $10bil worth of Bitcoin. Not sure how true that is though.

it's a free market and free market choose a decentralised non controled sound money which is bitcoin

Nah I'm buying LINK instead.

>Bitcoin doesnt have to offer anything special anymore
You're not up to date, m8. Look up "lightning network", there is no other scaling solution on the blockchain market that can compete with it.
Also, nice trips faggot.

Imagine not believing in the ultimate combination of technology and human greed.

feed the crypto ponzi.

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> Blockchain not Bitcoin
You are a fucking retard Bitcoin is the only application that fit a decentralized currency (mining hash power and full nodes) all other scam coin are inflated and controlled by developers and not decentralized

>russia giving $10 billion directly to the CIA/NSA

is russia that stupid?

weak magaturd bait, but BTC's total market valuation is 65 billion USD. No reason it can't 10x that.

shitcoin was the world's first decentralized pyramid scheme

Also, your Bcash damage control is pathetic, the coin is pretty much fighting for its survival since it split into BCHABC and BCHSV.

And terms used as marketing to sell a product don't mean shit. You'll find the exact same formulations in tons of white papers of different coins, doesn't mean they're "the real Bitcoin" either.
And calling the Lightning Network a "financial institution" when in reality it's just wallet holders like everyone else is just pathetic shilling.

Wow, Gab is full of faggots. Fuck these anti free speech niggers from everywhere.

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Everything you said is false. Already proved you wrong in graphs I linked above.

When blocks are full and the mempool gets clogged, you have to pay exorbitant fees to get your transaction through. It becomes a fee market where you have to choose between paying a $50 fee to make a single transaction or wait hours or even days for your transaction to be processed.

A 1MB block limit can only sustain 4 transactions per second. It's shit.

Bitcoin is a payment network that is meant to scale to a global P2P cash system, and a 1MB block is intentional sabotage. The larger the network grows, the worse it functions. December 2017 is proof.

Fees are meant to be low (sub 1 cent) no matter the size of the network. A blocksize cap destroys the entire economic model of Bitcoin.

If you don't understand this, you are too stupid to exist sorry.

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>This is what happened in December 2017 where the entire cryptomarket split into a thousand coins, because BTC was no longer usable.

Alt pumps were only tangentially related to transaction fees. You have no idea what you're talking about.

>70%+ of btc mining power is in a communist country
>decentralized

whew lads

Lightning is a scam.

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>This. Can't buy or sell crypto now without a selfie of you holding your ID.
so what?

Good, pedos should be killed off

wow!!! GAB exposed!!!!!! they are total cucks for not wanting to see your loli porn!!!!!

The problem with XRP is that it isn't decentralized. It can work like other cryptos, but it is still controlled by a single company that holds the majority of XRP tokens that they can release at any time to influence market price or cause inflation. Like a central bank would.
There is no real user benefit to using XRP instead of BTC or any other decentralized crypto currency.

>Can't buy or sell crypto now without a selfie of you holding your ID.

KEK please tell me you are joking. this can't be real. wasn't anonymity the whole point? you might as well use government issued fiat if you have to do that

PORN IS SPEEEEECH

Nocoiners said the same shit about bitcoin being worth a dollar 10 years ago.

That's why BTC went from 90%+ market dominance to sub 40% exactly when the blocks became full and the entire network ground to a halt. People stopped using the unusable shit network and started developing other coins.

see: Brainlet.

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Shill for Bitcoin because it is a huge invention, and you are WAY up.

10 years from now Bitcoin will be the internet of today.

People will say "You STILL have Bitcoin?" like someone today says "You STILL use internet?"

USD will be worth about 10 cents.

Fixed it for you low IQ faggot

Based Wayne

I wonder how much Buttcoin he got for posting shit like that.

>Twitter lets degenerates and pedos roam free while banning people that push back against this filth
>Gab lets people voice unpopular opinions and instead bans lolis and pedo shit

Knowing this, how on earth did you arrive at
>This makes Twitter better than Gab
??