Is it too late to get into bitcoin?
Is it too late to get into bitcoin?
William Moore
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Dylan Flores
Only criminals use bitcoin.
Elijah Carter
Cryptocurrencies are a ponzi scheme.
Cameron Lee
No, it will rise up again.
Evan Bailey
for Christ sake pol Is not the only board on Jow Forums
Jackson Bailey
No.
It's bottoming out though. Don't expect big gains until 2021.
Buy smaller amounts regularly to lower your average entry point on the way down.
James Cooper
Not in the least.
It's a momentary lull - I suggest you liquidate whatever physical assets you have and dump it into crypto. It's a safe and easy investment, and you'll get what you deserve in the end!
Josiah Ross
Not at all. Shits about to get real cash. Invaste everything you have you will thank me later
Easton Morris
it may be better to wait until this summer/fall, but best idea is to dollar cost average in starting TODAY. if you're not in bitcoin now... ooof....
Nathaniel Ward
why not buy one? $3800 is not life changing money. teenagers have this much in their bank accounts from working at McDonald's at the weekend.
it beats playing the lottery, I'll tell you that much.
Lincoln Martinez
I almost made the mistake of opening a wallet at a kike-run exchange.
Jaxson Watson
Fuck of back to >>Jow Forums with your fantasy sheckels
John Jones
yang takes bitcoin
Liam Ortiz
this but hydroponically
Brandon Martin
Jokes on you we print your worthless money
Henry Watson
no
Gabriel Mitchell
It’s like investing in Tulips in Amsterdam. It’s all the rage.
Grayson Diaz
Go to the many of many bitcoin and other coin threads in Jow Forums
Nolan Cook
No , but after may 25 of 2019 it will be too late
tradingview.com
Tick tock statecucks , after the next halving btc will have less inflation than the US dollar.
What will happen next?You will soon find out....
Even better it will happen when the us is having elections with socialist lunatics wanting to print dollars for gibs at a never before seen number.
Join or die.....
Nolan Ward
Cryptocurrencies are the needle , you disgusting statecuck.
You will soon find out what happen when the neofeudal tax systems created after 1970 get starved of taxslaves once there is a way out of them.
William Williams
Woke
Noah Lee
Not to late. Wait for it to hit triple digits then buy
Levi Jackson
Until something like silk road appears again it will never reach those old values.
Samuel Morris
BTC is the swift & sepa system of second and third world countries.
No statecuck judge can stop this wire system.
With segwit the transaction limit goes from 420k per day to 800k per day meaning it will not bottleneck this halving(tough it will in 2024).
Transactions per day are about to surpass the december 2017 peak that bottlenecked the network.
Seriously those that don´t buy crypto are going to be assfucked by reality.
Isaac Davis
You sound knowledgable and somewhat convincing. Any important redpills for a boomer wagecuck like me?
Easton Adams
No, it's on a correction, now is the time
Mason Roberts
silk road got shut down in what 2015? 2016? literally years before the all time high
Jack Baker
Yes , crypto will change monetary policy forever.
It basically provides a way out of the system and you can send money worldwide without any government.
Cash > Crypto > Cash
Literally from one place of the world to another.
Now here is the redpill Wageboomer , BTC is deflationary , meaning every 4 years the supply of btc per day decreases by half.
And here is the ultra redpill that few understand.
Those people doing this
Cash > Crypto > Cash
Are mostly freelancers , small companies , people moving from countries , people outside of the banking system.
So they always have been doing this , but the ammount of btc created reduces in half every 4 years.
So the people doing this all they do is using less bitcoin
they did 100 usd > 50 bitcoins send to other > 50 bitcoins converted to 150 eur
but after the halving
they did 100 usd > 25 bitcoins send to other > 25 bitcoins converted to 150 eur
basically they use smaller numbers of btc but do the same , so the demand for btc is always there but only that they use smaller btc for the same.
Now there is a limit of 21 million of btc that will ever exist , this means that the price will only go up in the long term.
So if you are truly a boomer wagecuck you should learn about crypto , download electrum , buy a small amount of crypto , buy a hardware wallet like trezor and then invest at least 10k usd in bitcoin.
You will thank me later when bitcoin reaches between 150k to 1m in 2021.
William Rogers
The arrested man is a 27-year-old from the Melbourne suburb of Bulleen.
He’s been charged with importing, trafficking and possessing a total of approximately 30 kilograms of drugs, including MDMA, cocaine, methamphetamine and ketamine.
Police will allege the 27-year-old played a key role in directing the operations of a criminal syndicate, which used various dark net sites, Bitcoin accounts and legitimate business for the sourcing, payment and distribution of illicit drugs.
Following the arrest, financial regulator AUSTRAC suspended the registrations of two digital currency exchange businesses the 27-year-old is associated with.
Several bank accounts, real estate properties, motor vehicles, a motorbike, cash and cryptocurrency, worth more than AU$2m have also been restrained by the AFP, following a court order.
Jacob Reyes
buy yourself at least one btc. they will be worth >1M each in 30 years. they're already more rare than gold and will only get increasingly rare as people lose their wallets through death or forgetting passwords or whatever.
Justin Jackson
>they will be worth >1M each in 30 years
>Ignoring that btc inflation will be lower than the us dollar and gold after the next halving
>Implying that bitcoin will nor reach 1M in the 2020s as the us inflations get´s exposed by bitcoin being the only thing with less inflation than the usd.
Nolan Gonzalez
Hello no coiner. You dont have to buy a whole coin...
Eli Brown
Thanks. Gonna print out this post, crack a cold one, and read over it a few times.
Levi Stewart
A ponzi scheme that made me very wealthy.
Michael Wright
>no coiner
heh. no. I'm not a no coiner, I assure you. odds are good you were still shitting your pants playing Nintendo when I first bought my first whole bitcoin.
Mt gox. yep. now THAT was an exchange!
Easton Phillips
If you wanted to get into it now is probably the best time for the foreseeable future. Its basically bottomed out
Lucas Diaz
What do you mean?
It's never too late to escape the Jew banking system. I don't know where the price will go next but I do know there's always going to be a need to escape the Jewish banking system so long as there is one, and that will give value to cryptocurrency.
People who say its dead don't know what the hell they are talking about or they're just shilling for Jewbux.
Eli Bell
Based
Hunter Sanchez
>Mt gox
didnt that get exit scammed and the person running it ended up dead? you lose your coins?
Dylan Ortiz
it's going to near zero, so yes, it's very late to get into crypto, the bubble popped
Henry Powell
So this is a biz raid right? You guys looking to cash out?
Eli Roberts
Kek , it´s too funny , Satoshi was truly a genious by making the halvings every 4 years instead of 1 he managed to get this crypto under the radar.
Every time it´s about to takeoff again statecucks say it´s a scam , bubble , or failing and then it takes off again.
Dylan Gray
>Bitcoin is deflationary
Bitcoin is inflationary for the next 120 years or so, the supply increases daily, it is more inflationary than any fiat currency
Landon Taylor
no it wasn't exit scammed. the guy running it was simply an incompetent. he served some jail time and is out now but is going to be back in court again. the exchange was hacked and got taken over by the Japanese courts. 20% of the hacked coins were recovered and are in the process of being redistributed to creditors (the bankruptcy process is already ongoing for five years now but there may be some light at the end of the tunnel for us)
Angel Fisher
by that same logic gold is inflationary because more comes out of the mine every year.
the reason why bitcoin is important is because it's limited by math, gold is limited by physics. fiat currency isn't limited by a fucking thing and that's the entire purpose of it. free hand outs, unlimited middle eastern conflict and all sorts of other nasty shit would never have been possible without magic imaginary money.
Brayden Powell
>statecucks
>Implying Bitcoin is not created by the state
>Implying Bitcoin is only way to keep money outside of state issued fiat
Being this much of a brainlet, sure keep buying you'll be rewarded for joining the Ponzi after it was shown on the Ellen DeGeneres Show, penetrated every sector of public eye, before being mercilessly rejected
Parker Gonzalez
BTC inflation rate is 3,80% per year , my fiat currency ponzi is at 50% per year of infaltion.
Next year after th halving bitcoin inflation will be 1,80% per year while us inflation is 2,44%.
Tick tock statecuck.....Do you know what will happen when btc has less inflation than the us dollar?
1776 will begin again and this time worldwide , fuck the welfare ponzi , fuck paying a shitty appartment 30 years of wages , fuck the slow decay of society because wages have not been going up according to inflation.
Ryan Allen
>being mercilessly rejected by normies and degenerates
As if gold hasn't
Mason Morgan
>Thinking digi bux are the only way to beat inflation
Yes, that's true, but nothing is as inflationary as Bitcoin
Hunter Jackson
Your people will be soap, Moshe
Sebastian Perry
>Thinking gold is not a popular investment
Wow new levels of brainlet from the crypto space
Jacob Miller
No, but you'll do better in a crypto with better speed and less processor demands. User base alone can't keep a thing going forever. We all had landlines once.
Ethan Reyes
So much anger , you must work in a state job , im sorry user but not for much longer.....
>Implying Bitcoin is not created by the state
It was clearly not as it goes against every interest by the sate and satoshi dissappeared as soon as someone sended him a message on the btc forum that the cia wanted to speak with him
>Implying Bitcoin is only way to keep money outside of state issued fiat
Without crypto governments would abolish cash and turn us into a orwellian neofeudal system.
Not that they have not been trying , just look at france ,they increased income tax so much that it started to drop and had to increase indirect taxes like fuel.
Crypto is the only thing that will put an end to the non stop growing of statecuckholdry that we have seeen since the start of world war 1.
A worker could buy a house in the us with less than a year of saving in 1920 , now it can take decades.
The same is happening worldwide because the monetary policies that bitcoin will stop.
Gabriel Sanders
Have you ever browsed biz?
Landon Fisher
Gold is manipulated as fuck with etfs and shit like that were retarded boomers buy papers that certificate they buy gold.
In the cryptospace we call those people retards and tell them to buy more bitconnect TM.
Not your wallet >not your coins.
A paper that says you own gold >not your gold
Gold is so manipulated that you had to be retarded to invest in it , worse you can´t exchange it for fiat in a crisis since you had to exchange an entire bar for shitfiat like bolivars in venezuela and thus you are trapped with it.
Hell you can´t even take it through airports.
Logan Long
>thinking socialists and the left are gold hoarders
Hate to break it to you but anyone trying to escape this sinking Jewbux ship will sooner or later be called a racist, Nazi, traitor, etc. It doesn't matter what it is but I do know there are severe drawbacks to gold when the Bolsheviks start kicking down doors. Yes I know, cryptocurrency isn't perfect either.
Ian Wood
Now and the next 6-12 months is the perfect time to buy Bitcoin. (pic related).
Ryan Bell
>Gold is manipulated
Crypto isn't?
Evan Wright
But then again.. Bitcoin isn't the one coin that will make you the most gains. Buy ZIL and NEBL.
Joshua Thomas
Yeah in that scenario in the doomsday scenario crypto disciples speak of you will be better to have guns livestock and land than anything else
Michael Campbell
>Not your wallet >not your coins.
yea. i need to move all my stuff out of coinbase at some point.
Zachary Parker
Just like the South amiright?
Xavier Collins
Yeah, well, Commies come for that too. There isn't much they don't come for actually.
Jonathan Long
Let's see how your crypto works when I turn off your power. Do you put 1 crypto unit into 1 USB drive each before the batteries run out? I.e. minting your own "coins".
I'll keep my Krugerrand reserve.
Austin Flores
Buy a trezor for fucks sake , i mean the mtgox memes were funny but still.
Woke , there is a reason why Venezuela is using btc non stop.
Crypto surpasses gold on everything also gold exchanges are under capital controls in most places.
Yes user you can keep your crypto on a usb or in paper if you want.
Your cryptos are stored on a ledger that is descentralized you don´t own coins in your computer.
You own a wallet with access to those coins but that wallet can be stored on paper , on an usb or even in hardware wallets designed specifically for that.
As long as 1 computer of the bitcoin network is operational , your bitcoins exist.
Hell , not even a solar flare will be able to destroy it , because plenty of miners and nodes are on the equator were not even a solar flare would fuck them.
Gavin Barnes
Trezors are for faggots. Encrypt your wallet with veracrypt and make backups. And get a crypto specific computer that you only use for that, then you'll never get fucked. No need to buy that fancy ass "I don't know how to make my own encrypted folder, cause I'm stupid" bullshit.
Andrew Bell
Trezors are for faggots until you decide to go all in and invest a shit ton of money.
Also the problem is not the wallet user , the problem is that if you are trying to use it and somehow you download a pirated game or something you could be exposed.
A hardware wallet is nothing more than a fancy usb except it encrypts the password that allows you to enter your wallet and it is never shown in the pc.
Meaning it´s 100% secure against keyloggers and shit.
Seriously if you have 100 usd in btc don´t use a hardware wallet , if you have 1000 don´t be retarded and use them.
You don´t want to be that fag on reddit telling the stoy of how your coins dissappeared.
Mason Hughes
>Trezors
is it good for like an intermediate step between coinbase and a coin-specific computer with encrypted folders?
Bentley Collins
No, in fact it's much better to get in now than 1 year ago. I'm still waiting for a 200 week ma test to get in.
Jack Torres
On the short term it is manipulated as fuck , but due to the halvings on the long term it´s always up.
Chase Myers
>all the plebs in this thread thinking we have bottomed
200MA wont help you out this time, you should be looking at the 300MA to support you out.
t. bobo
Adrian Davis
so is the dollar so what?
Daniel Powell
Bitcoin is merely a speculative commodity and a means of turning fiat currency back to fiat currency
It has no actual practical uses beyond being speculative. Like the dotcom bubble there is no legitimate value behind the product.
Its value lies in possibility. But as it stands the whole train of it being this runaway success and making people trillionaires is over. Evetyone knows about it, the people who wanted it already got out and its stabilized.
When people like my 45 year old co worker, very ignorant, are thinking of getting into it and are aware of it it has already reached gthe masses and the train is gone
invest in industries that are highly volatile and produce actual products instead. Dont waste your mcwages on a 3k investment when you can do so on a lot of differeny horses instead
whos portfolio is 100 pdrcent btc???
William Morales
woah that made me think!
dude.. what if life is just a ponzi scheme too?
Parker Stewart
That's why I have a computer that's only being used for cryptos.
I know what it is, but I still don't trust it. I refuse to buy something from a chink company and then use it to store my cryptos on.
Been in cryptos since 2014, so I know my way around. Not a single problem in almost 5 years.
Bentley Baker
also worth noting: fiat currencies are backed by their govts and the productivity of their citizenship. Their GDP.
Crypto has literally no value beyond speculation. Events like that halving shit might affect it and it might be worth investing depending on what you believe the outcome is. But thats even more speculative value.
Crypto is only backed by drug cartel money and thats it. Thats the only legitimate use of the currency. No one buys groceries with crypto.
t.economics major
Jeremiah Bennett
Wait until sub 3k then go all in.
t. Jow Forumsraeli
Owen Hill
Check this user
>Bitcoin is merely a speculative commodity and a means of turning fiat currency back to fiat currency
True
>Its value lies in possibility.
Wrong , it´s value lies in that it is the sepa / swift of basically everyone outside the anglosphere, eu ,japan , israel and a few other countries.
Everyone else is literally disconnected from the banking system except for credit cards.
And thus btc is the only alternative for wires and sending money.
>When people like my 45 year old co worker, very ignorant, are thinking of getting into it and are aware of it it has already reached gthe masses and the train is gone
Not in this case , more adoption = more demand.
invest in industries that are highly volatile and produce actual products instead
Most stocks are overpriced as fuck , worse everything is taxed to hell , even capital gains, fucking hell in most of the world democracies income taxes are insane , only good investment is education and crypto as it is.
>Dont waste your mcwages on a 3k investment when you can do so on a lot of differeny horses instead
True better to diversify , except that in most of the world you can´t even invest in property because the 2008 bubble inflated prices so high that you had to be retarded.
>whos portfolio is 100 pdrcent btc???
Probably people that have nothing to lose
Tyler Morales
No. If every millionaire in the world wanted 1 BTC, they couldn't. There wouldn't be enough. The price is $3900. If you are poor, buy .25.
Leo Ward
Buy chainlink you fucking retard
Evan Adams
I need to have another online poker heater and cash out in bitcoin instead.
Grayson Lee
don't listen to this retard btw, he has no fucking clue whatsoever
Jeremiah Taylor
That's not entirely correct. Bitcoin serves as the gold standard in crypto trading. Only big coins/projects are paired directly with the dollar - and even they usually have a bigger volume on the BTC pair.
Bitcoin along with ETH are the gold standards in cryptos. Without them, there would be no base for pairing with other cryptos, except the dollar (USDT), but that would prevent smaller exchanges and crypto projects from getting a market share.
And if you think that altcoins are only about speculation.. It's not. It's about innovating the future. But yes, there's also a lot of speculation going on. The reason the prices fluctuate this much is simply because they still have relatively low market caps. The bigger a market cap any crypto, forex pair, stock etc. has, the less it will fluctuate, since it takes way more money to move the market.
Adrian Gonzalez
No, now is a great time to invest. Don't listen to these fags about "muh ponzi scheme". Crypto (Bitcoin, and a few but NOT all others) is the kryptonite of jews. Invest, but as always never more than you can afford to loose. I've personally made a considerable amount of money with it. My record holding was 72BTC, but now I've only got 1.3. Preparing to buy ~5 more very soon.
Also invest in a Trezor or similar hardware wallet. Don't be a fucking retard and keep shit in an exchange, or use an entirely smartphone based wallet. The Mycelium app supports HW wallets and works quite well. Stealing your BTC is impossible if you know what you are doing.
Jordan Barnes
Can you donate some coins for a poorfag that shills for free for the cause?
Jackson Ortiz
>light at the end of the tunnel
oh no i bet you think bitconnect will pay you back too
Jack Ortiz
>Preparing to buy ~5 more very soon.
Seriously , the next halving is going to be epic , on top of that the us elections are going to be full of socialist lunatics.
Maybe John does not eat his dick after all.
Camden Baker
Millions buy rotten debt crystalized in bitcoin, a byproduct of successive monetary laundering of big banks and traders scraping the bottom of an empty barrel. The end result is millions of third worlders are entrapped by bitcoin with few ways to liquidate. Stay far away from it. Don't become a prisoner.
Logan Hill
>Everyone else is literally disconnected from the banking system except for credit cards.
>And thus btc is the only alternative for wires and sending money.
Very false. Everyone has a debit card. Very few people carry cash. People have direct deposits. And services like zelle send money the same minute.
Im serious
BTC as a system of money transfer could be a legit argument if it were even needed atm.
>>When people like my 45 year old co worker, very ignorant, are thinking of getting into it and are aware of it it has already reached gthe masses and the train is gone
>
>Not in this case , more adoption = more demand.
True, but my argument was that the become a billionaire stage is over. You dont become a billionaire quick when everyone already knows about it and is trying it. To.mine BTC you join mining groups now and profits are VERY small now.
Its like thenminers ghat ran to cali well after the fact and never made shit
> (You)
>invest in industries that are highly volatile and produce actual products instead
>
>Most stocks are overpriced as fuck , worse everything is taxed to hell , even capital gains, fucking hell in most of the world democracies income taxes are insane , only good investment is education and crypto as it is.
BTC selling is subject to those taxes so I dont get the point
>>Dont waste your mcwages on a 3k investment when you can do so on a lot of differeny horses instead
>True better to diversify , except that in most of the world you can´t even invest in property because the 2008 bubble inflated prices so high that you had to be retarded.
post 2008 is the greatest time to invest in property. Everything is foreclosed. I bought my 1st house for 15k. Sold it to some spic for 25k. Bought the next one at 45k. It goes for 70k fixed.
Jack Cox
>It has no actual practical uses beyond being speculative.
That is so completely wrong. It's a Byzantine fault tolerant consensuses driven distributed ledger.
Currency is only the beginning.
Kayden Cox
What's this game called again?
Jaxson Anderson
listen to this guy, he actually knows what he is talking about
Ryder James
>Very false. Everyone has a debit card. Very few people carry cash. People have direct deposits. And services like zelle send money the same minute.
Not true user , if you go to most places it´s only western union with absurd fees.
Banks in some places allow you to receive but not transfer , but worse not everyone is allowed a bank account since most force you to have a credit card and thus they need to know you can pay back.
Nearly all of latin america is outside of the banking system so is africa , india and great part of asia.
>True, but my argument was that the become a billionaire stage is over. You dont become a billionaire quick when everyone already knows about it and is trying it. To.mine BTC you join mining groups now and profits are VERY small now.
True mining riches are over but that´s great because moore law limits means that mining will never be centralized again.
>BTC selling is subject to those taxes so I dont get the point
Kek , just go to other country and cash out , first they tell you it´s not real and then they want you to pay taxes on it fuck them.
>post 2008 is the greatest time to invest in property. Everything is foreclosed. I bought my 1st house for 15k. Sold it to some spic for 25k. Bought the next one at 45k. It goes for 70k fixed.
Exactly user , it´s about being in the righ time at right place and ready to enter.
But after 2012 it became hell and now it´s unbuyable and literally neofeudalism for those that did not bought property.
BTC will have less inflation than the usd in the next halving , segwit increased the capacity of the network by 80% so it will not bottleneck.
This halving is going to be epic and the price will go up more than 100k before 2021.
tradingview.com
And that is the pessimistic expectation because if you account the inflation level being lower than the usd anything could happen.
Leo Moore
AFAIK all these other coins are just get rich quick schemes with the majority of investors not knowing wtf the stuff does but knowing that it can get them close to getting an actual BTC
I dont invest in BTC but I'll concede that its actual uses can be.lucrative in dictatorial third world govts and nations that are tumultuous, like Venezuela.
In that sense its basically investing in world turmoil. the more tumultuous the world the more people flee to BTC. Kinda like Gold. We already know that one of the few legitimate uses of BTC are for cartel and illegal activities.
BTC is the currency of drug cartels. If you think drug consumption will grow and are in it long term, invest. Otherwise very few legitimate stores and businesses actually accept it. You can barely actually use the currency
Jacob Roberts
btc is dead and going to have an extinction level event
buy bsv if you want to make it
t.eternal anglo insider
Hudson Cooper
You know nothing.
And no, BTC isn't the preferred crypto for drug trading. That's Monero. Just goes to show how little you know. Stop talking shit and start educating yourself. I'm not even going to go into details about altcoins and their use cases. Research it instead of talking shit.
John Walker
Nice try pajeet
Jackson Ortiz
I dont think third world nations have technologically literate classes that will even invest in BTC but I acknowledge your points and agree that third world nations are how it will prob grow and expand.
I will argue that the supply of BTC doesnt have bearing on its exchange rate with Fiat currencies. Limited nature doesnt mean it keeps a rising price rate in relation to other currencies. The republic of congo has a low inflation rate but that doesnt increase the value of its currency compared to the dollar. It just means prices are stable long term.
1% us inflation vs congo inflation of .35%
Obviously theres a lot to this example but.you get the idea
Landon Collins
>monero
>anyone using it for trading
TOPLMAO. that shitcoin has less volume than the Haitian dollar
Jace Jenkins
BASED AND SATOJPILLED