Why did Jow Forums turn its back on bitcoin and the other cybercoins?

Why did Jow Forums turn its back on bitcoin and the other cybercoins?

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Only the kikes hate Bitcoin.

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What? My back was always in this position.

I have quite a few. But to answer your question. It is not good for everyday purchases. It is also not a good store of value. The block chain today is massive, which makes it necessary to run a supercomputer to operate a node. The everyday Joe can't do it. So the majority of the nodes and processing lie in the hands of a few Chinese. Not a good thing.

My back was never turned away from it. Crypto is a pyramid scheme just like any form of trading.

Stocks or forex
>First to buy low make the most money by relying on subsequent buyers
Crypto
>The exact same

None of this is based on any meaningful contribution to society, trade, or payment for goods or labour. The whole 'trading' system (including high interest bank stuff, stock exchange, crypto, forex) all needs to get shut the fuck down if we're ever going to move forward as a civilisation, it's all the worst sort of usurous leeching.

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The absolute state of coping nocoiners

Everything I said is objectively correct and the people who make the most money from crypto aren't geniuses, hard workers, or innovaters. They were just the first on board a pyramid scheme, lmao.

>Why did Jow Forums turn its back on bitcoin and the other cybercoins?
too complicated

C O P E
O........P
P........O
E P O C

> investing in cia glow in the dark nigger and kike made "currencies"

is this serious?

(((crypto coins))) are nothing but a Ponzi scheme.

no wonder those faggots keep trying to push it for other suckers to buy.


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The market was too crazy for me. I dipped into it briefly, made the easiest thousand bucks I ever made in two days, then got out.

They've already been (((subverted))) and infested with get-rich-quick parasites

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>investing money in virtual numbers on some website
>not a scheme, promis bro
Why not invedt in something physical you can oun like gold or real estate?

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Biiiiiiiiiiiiiiiiiit cooooooooooooooooneeeeect

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Pol is too retarded for crypto, you need 110 iq atleast.

Hodling SuperMoney for when it moons in 2021

first you have to understand that jewish power rests on their control of credit creation and fiat currencies via central banks
but to make the decision to move over to the parallel system of crypto-currencies requires a secondary leap of faith
it's easy when they're going up. but now? this is when you decide if your future is with the federal reserve system, or with crypto

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Jow Forums median IQ has decreased from 130 back in 2011 to 105 today, is this why Jow Forums used to be pro-bitcoin and nupol is anti-bitcoin?

>implying
b-bears btfo anyday now

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Cryptoshit is one giant scam that is 100% manipulated by banker kikes. You know every time the price jumps or dips? That's Mr. Noseberg putting in his sell order.
If you put any money into this shit you might as well just wire your money directly to Israel.

cause it didn't turn out to be a get-rich-quick-scheme, fathom that.

that said, I think it's still worth have 1-5% of your savings in it for a SHIT HIT THE FAN MOMENT.

Considering the amount of anons who are convinced the collapse is near, I'm surprised they don't have even 15-20%

>missed the boat
>too stupid/lazy to understand the technology
>will miss the boat again when BTC goes to $100k

I kinda feel sorry for you, but not really.

doubt it's gonna hit 100k for a long time if ever...but it's still a sound investment from a technological pov so agree with most of what you said. I think it's just better than gold for an ACTUAL doomsday scenario

I'll feel sorry for you when you lose your entire "investment" into Jewish monopoly money.

valid points but things change. You make money by investing before the changes occur.

it's honestly barely owned by the jews/banks. probably much more the Chinese. you're just pol larping and equate everything you don't understand with jews

Because it's a fucking fiat currency, which is what libertarians were supposed to be against. Also it has wild market fluctuations that fuck people over.

because nobody uses them for anything but drugs or to sell for money, so unless you want to buy meth on the internet, it's useless

If you think the market isn't heavily manipulated I don't even know what to tell you. Regardless of who it is doing it, you're being played.

Who is being played? I have 1% of my savings in it currently. More than comfortable to let it sit there.

Do you understand what leverage is?

Since you're still trying to think it's all Jews..let me explain something about Jews and the mentality of the bankers...they don't like systems that they cannot add legitatecy and securities too. Currently the coins are just that - it makes them paranoid when they can't wrap their hands around it so that's why they're constantly kvetching about it. Trust me...the banks and the Jews are NOT the ones manipulating it. Totally different psychologically behind the people who run the coins now (not just Chinese)

But as a technology that could prove more useful than gold when things collapse...it's real. And the Jews will embrace it like you've never seen before and the price will skyrocket.

Unlike government/central bank printed currencies it cannot be debased, indeed it is deflationary. The fluctuations are just part of the process of monetization. Gold took centuries/millennia to acquire its role in the monetary system. With Bitcoin you're watching it happen in real time at a hyper-accelerated rate. Book related makes a very compelling case.

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Why should I purchase an unstable meme currency? Shouldn't we invest into gold and silver and their blockchain representations since their value is backed by a physical commodity?

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Life is a pyramid scheme by your standard.

the question being asked by anyone who understands what is happening is how long can the system (feds) keep this game up.

They know the system is tumbling. They know it WILL tumble. My personal gut reaction is that Bitcoins rise will come in 20-40 years when the China war really heats up and their investment system of credit totally falls apart due to the war chests being completely pulled out from. It won't happen with Trump but when we have to use up the money to stop the next crash...it's still a duel between fed vs coins but it could take time and be slow and lead to a static market. If a world war type scenario happens...well who knows....I don't see much in the war chests in the west to support it. The Jews have been banking on the Chinese for so long now they've created a monster. They may have to get into coins just to stop their own Holocaust part 2.

and how are you going to trust that the gold is there? if its selling point is that it is physically backed then you're no better off than with existing banks. the value of bitcoin lies in the decentralized security of its network and its cult-like core of true believers who will take them to their graves

Xrp

>Life is a pyramid scheme by your standard.
it is when you use start basing your system off of credit. It's a zero sum game. It ends at SOME point. The Jews paranoia has made them rich but also constantly tied to their own system of credit, taking us along for the insane clown ride.

>Node
>Supercomputer
I run a full, historical node from my home win7 PC that is 6 years old. You are mistaking node for miners.

Miners usually run full nodes, but average people can run them at home, where they can then participate in the lightening network with that node.

China is losing mining dominance, by the way

>when things collapse
When things collapse, there is no more Internet blockchain so no one can create or verify transactions.
Faggots try to talk people into bitcoin because they bought when the price was thousands higher than it will ever be again. Sucks to be you, retard.

>and how are you going to trust that the gold is there
this user gets it.

The problem we have now is that the debt and the fed reserve system is so out of whack...that any type of massive correction (crash or big war) will cause such a panic that gold will be nearly impossible to store and move around. It'll be a shit show. Crypto are the only way to save human lives in this coming situation.

>When things collapse, there is no more Internet blockchain so no one can create or verify transactions.
you don't seriously believe that do you? Our power grid can be compromised but each superpower has many means to stop it from happening. It literally IS the gold that runs the planet now. Total larp in your mind to think we're suddenly without power worldwide or even in an entire country. It's just NOT going to happen (unless our government is so inept that their anti-emp. tech and planning is retarded)

i think they have two tricks left in their bag, which they will probably require a crisis in order to justify using. negative interest rates are the obvious one (as already seen from japan/ecb), and the less obvious one is UBI, but there's a reason it is being shilled everywhere.

the black pill on UBI is it will be contingent on you being a good goy. i think they will sacrifice the dollar and replace fiat currencies entirely with a permission/privilege system of social credit as is currently being pioneered in china.

and we have no more than 5 years but a lot depends on the 2020 election

yep 2020 but I think it's longer than 5 years. They don't seem nervous enough yet...I watch lots of financial forums and they seem pretty confident. But pride before the fall maybe...

and agreed on negative interest rates but I never heard of UBI being a trick to prop up the fed system. Do you have any articles on that?

When my initial investment was only $200 total. I'm not bothered if it goes bust. I've already made far more off it.

Dero is literally the Donald Trump of the cryptocurrency world

- Best technology out there today
- You try to post it on Jow Forums, you get attacked every single time
- A dedicated anti-Dero cabal checks the archive every few hours to search for new Dero posts specifically to attack

I'm not going to direct you to an exchange to buy Dero. I'm going to tell you to do your own research and come to your own conclusions. After learning what Dero will do, you'll either come to the conclusion that you have to get some immediate or treat it like a "Nikola Tesla"-type cryptocurrency in that it's SO ADVANCED that it's "before it's time" and nobody will buy it because nobody can understand it.

I think the biggest trick is that they are now saying inflation is dead, but I am starting to think it is getting out of hand for all countries. Inflation measurements are so worthless that only an economist would think it has any bearing on the real world

>which they will probably require a crisis in order to justify using.
I know one crisis they are terrified off - war with China. Watched a Jew banker say at a forum last week "We shouldn't be releasing that animal spirit of US vs. THEM That Trump is doing. Otherwise, very happy with his trade policies so far with them. But we'll see since we don't know what they will be."

WE KNOW that Trump admin has totally ordered the military and war hawks to pivot to a competitive and economic competition with China. It's not a physical war (yet) but it's making the Jews very nervous. They can't tell if it's a bluff to get China to take a knee to his policies...or a security measure...or an actual declaration of war. But the fact that he kvetched about "releasing that animal spirit" sounded like anudda-shoah to me. Was unbelievable. It's like "fuck you - I'm ready to take on the Chinese". (((They))) truly are such paranoid manipulative peoples.

This you can only increase the block size so much. But there are lots of cryptos that dont have the same problems that bitcoin does. Just as secure but much faster and which dont consume so much energy.

they're terrified of the inverted yield curve.

>i think they will sacrifice the dollar and replace fiat currencies entirely with a permission/privilege system of social credit as is currently being pioneered in china.
Sorry for multiple replies - but I'm really curious about the UBI trick. No one will be good goys at the scope they want ... it'll surely lead to their demise. Do you have any articles or blog posts on people positing this? I like the idea but that sounds like a very desperate countermeasure.

So how did YOU hear about Dero? If a shill the response will be telling

The Rothschild and FBI kikes bought it all

Redpill me on chainlink(LINK)

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stock markets should have been done at the end of last year, but whatever they agreed on december 24th (china credit injection? fed reversal?) has certainly removed all fear from the markets. that said, the reaction could be an error, and they certainly still have a huge reality gap to find a narrative for. one thing is for sure, we now know where the inflation is. it is in the price of productive assets (bonds/housing/stocks). i think they could use this "new normal" post-QE to send equity PE multiples up to previously impossible levels which could justify eg the dow at 40k+, measured not against historical valuations, but against other asset classes.

UBI is my pet theory really, but with central banks in the spotlight and inequality being the buzzword everywhere they're going to have a very difficult time politically selling any money-printing solution which does not redistribute it to the masses. remember social media barely existed in 2008! and they HAVE to print money to keep this show on the road. if it is that or lose their power, they'll do it in a heartbeat, creating a whole nation of dependents and preserving the ownership at the top.

lmao you fucking zoomers can't comprehend life without smartphones and internet access, but yeah, in a collapse I guarantee a collapse would result in there being no more freely available Internet because the major telecommunications companies will simply shut it down.
>upload speed: 0MB/s

Bitcointalk

I heard they were the first BlockDAG, so I did some more research on them and was blown away by their technology. The only thing "wrong" with Dero is that their advertising sucks. That's why I compared them to Nikola Tesla. Nikola Tesla was a super genius who made inventions that we all take for granted today, yet he died a penniless man as the story goes because he was so focused on creating new things that he didn't care about money. That's kinda what Dero is. The technology is miles ahead of everything else, yet they aren't doing advertising because they thing it's "shilling".

china has had 40 years of treacherous Jews giving them everything they could possibly need, but i am not convinced they're going to reward them funnily enough. if we just treat it as a numbers game though (get that GDP up, goy, it's all that matters), china is going to win every time in a global economic system. at that point i don't see a non-military solution

>i think they could use this "new normal" post-QE to send equity PE multiples up to previously impossible levels which could justify eg the dow at 40k+, measured not against historical valuations, but against other asset classes.
that's def what they're starting to do.

I just did a quick run thru of Yang (admittedly I ignored it) but the fact that they would test the waters (and with an Asian) to create a new solve for financial dependance is smart. I like it. It sounds much less catastrophic than what I imagined actually because as Yang is pitching it, this UBI would mainly be to the most common jobs (the 10-30k a year earners).

Agreed too it was the rate reversal + china credit injection. Interesting to see this all play out.

They're all bought out by Soros and the Rothchilds now.

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only for some time. The coins will remain and retain value. Hence ... a good saving option for a catastrophe. Holy zoinks the logic leaps.

is your plan to cart around wheelbarrows of gold and buy and sell your post-apocalyptic wares?

Because until you can use bitcoin to buy anything it's going to be a risky business. Not to mention government intervention is fucking it up as well.

>he still isn't all in

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thx user will check it out

the infrastructure isn't that far off really. you just need the FAANGs to scale a little more into meat-space and the average consumer has everything and will be a willing dependent. amazon, apple and netflix distributing food, consumables and entertainment, and a system of social credit to supply them with their needs. unless, of course, they start asking inconvenient questions or causing trouble

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Dogecoin

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It got infested with roasties following perceived easy wealth.

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Not sure what you're talking about. Its a good passthrough to move money. I'm never held it as an investment.

Because Bitcoin itself is unworkable as a common currency and nobody agrees on what to use instead, so adoption is inevitably limited for now.

If you mean speculation: i don't have any journalist friends to tip me off before pumps.

I think you're onto something.

What do you do user? Ya know, for work

how much money do you think the Mossad paid those terrorists families to cause 911??

we got to wake up the youth to the false flag of 911 jewery
jjj

Her videos always came across as Belladonnaesque pre-shoot porn interviews, it was weird as fuck.

To expand on this, I would absolutely go for a crypto I felt was good enough, I just haven't see any. Most of them have massive scaling issues and suffer from a shortage of currency / not enough inflation.