So now that the dust has settled, how many of you idiots fell for the Bitcon meme?

>Muh shitcoins

I bought Gold 20 years ago like a baws.

>B b but My Eternal shitcoins be the most based becouse its electric.

No.

I lost $10000k fiat and still put in a $100 every paycheck hoping to break even

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If you aren't hodling bitcoin right now, you're either an idiot or poor.

I believe the term you're looking for is NPC

hi fellow bobo

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>Bitcoin is used for international wires

And where can you exchange bitcoins for real money?

when will fiat collapse? Soon? I can't wait much longer

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>he isn't accumulating BTC

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To be fair most people are not just educated in basic economics but are literally brainwashed to believe shit like fiat is backed by something.

It´s not hard to understand why most normies don´t get btc , also many autists don´t even understand the basics.

>0% interest rates
>Financial crisis on the horizon
>Boomers retiring in mass numbers
>Pension system collapse
>Main leftist debates about gibs
>Fiat printed to hell

We will make it frens.

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>implying we're not revisiting the 200MA to confirm that 3.1k was the bottom

enjoy a 35% drop from here, deluded bulls.

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I made so much money it is disgusting. I got in a few years ago though.

hopefully you're diversifying your investments with mutual funds homie

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96d473bab905a7be858ce6e6ab337fd38ae8d9aa76eedc57f9d8d36e2d8c53bc

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Bitcon is more proof that Austrian school of economics is wrong.
>made by "Dude trust me bro" on the internet
>Lost 80% of its value in 6 months
>its deflationary
>NO REFUNDS

Many places , localbitcoins for example , there are atms everywere too, there is also debit cards that use btc to be funded so you can buy with them directly from btc.

In my city you can literally exchange them for cash in the same places that trade foreign currencies.

The collapse already happened friend , we just did not noticed it because every ammount of purchasing power we lost we patched it by allowing imports from low wage countries.

Can´t buy locally produced toys?
Buy from china.
Can´t buy locally produced furniture?
Import it.
Can´t buy a locally produced car?
Import it.
Can´t buy a locally produced house and healthcare?
YOU FUCKED UP.

To understand how bad things truly are check this

fraser.stlouisfed.org/title/3912/item/492986?start_page=68

thepeoplehistory.com/20s-homes.html

a worker when income tax was just created and central banking just entered into effect , in the muh evil capitalist days could buy a house with 8 MONTHS OF HIS INCOME.

8 FUCKING MONTHS.

Ask the boomers you know how they bought their houses.
They probably saved two years or three.

Today not even saving 15 the average milenialcould.
The collapse of fiat already happend ,now people are starting to wake up , which is why milenials both left and right are anti system.

Deep down they understand they been fucked up but they don´t understand the causes.

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I am not a bull just preparing to buy , but not yet the last price rise was not organic and it´s a bobo trap to trap bulltards that want to invest a year before the halving.

I will wait patiently bobo and enter in some months.

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>implying that one follows the other

No there arent. You cannot liquidate yoyr bitcoin for shit. Unless you want deebweb mystery boxes, not to mention no one ever asked the most logical question which is who needs all of these math problems solved so quickly have fun supporting the NSA they already pulled the plug now you Bitcoin retards are just funneling down the drain

>youtu.be/AXH3GOuOGuI
it was about $500 when this was filmed lol

Only an idiot like you thought he / she was supposed to hold on forever. You clearly don't understand how these things work.

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>Lost 80% of its value in 6 months

Zoom out.

>its deflationary

It´s part of it´s game theory.

>NO REFUNDS

No need for refunds i can exchange it for any fiat i want while i can´t do the same with my fiat currency.

>made by "Dude trust me bro" on the internet.

Satoshi never asked for trust he simply disappeared when assange adopted btc after he begged him to not do that and the glowies started researching things on btc and contacting a few the developers.

Yes you can , learn more it´s fucking easy , way more easy than an international transaction from bank.

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Here. Convert your Bitcoin to something useful.
jmbullion.com/

You can buy literally anything with bitcoin as this user just blow the fuck up that argument.

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Hahaha dude complete financial freedom is lame dude

Repeat some slave shit instead my slave dudes!

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I wish I did fall for it. I could be filthy rich right now and me sitting on my ass not doing shit would be justified.

>we lost we patched it by allowing imports from low wage countries

Get a load of this retard.
All that shit you listed is more cost effective have it produced by foreign workers who are happy to be paid what passes for a living wage in their country.
So you end up with a higher margin, greatfull employees, and satisfied customers who pay less for the same product.
youtube.com/watch?v=nRmeLXLYfCE

yo guys i just replaced my entire MP3 collection with some girls who will never actually fuck me saying some other dudes name

SHIT WAS CASH BRO!

hope you didnt fall for that multi-millionaire with hidden assets thing

LAME!

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Seeing as how I haven't worked in years pretty good

If bitcoin ever becomes a widely traded currency, then the gov will just make it illegal. Then it's worthless.

Ooooooooooook then. Massive brainlet detected.

*camera zooms in and out on crotch area*

At any big exchange, you dumbass.

>centralized authority vs. decentralized math
ya ok

>Zoom out.
>let me shift the goalposts
No.
>no need for refunds when I can just rely on FIAT, the thing that Bitcon is supposed to destroy
4D chess

>If bitcoin ever becomes a widely traded currency, then the gov will just make it illegal. Then it's worthless.

much like other currencies that are unlike our governments.

whatever government that may be.

which is exactly why there is only one global currency.

china controls enough of the blockchain that they could introduce arbitrary changes to it if they wanted to

I didn't fall for it hard enough. I got in pre-BCC at $1k but I didn't buy enough.

Fell for the xrp meme

Digital beanie babies

I knew a kid like you in high-school. Guy thought he was so funny but was just a total mental case that never made any sense and always had an awkward gayness going on.

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>All that shit you listed is more cost effective have it produced by foreign workers who are happy to be paid what passes for a living wage in their country.

And do you think countries in the west became retarded and opened import in mass numbers because they could gain a little more while destroying their social structure and industrial power?

No user , they did that because the population demanded so in the 1970s it was a way to hide the collapse of the purchasing power caused by abandoning the gold standard.

Sure companies make more that way , but that happened because the first thing happened.

Look at everything you CAN´T IMPORT and check the prices in the last 50 years , and you will want to kill yourself.

>houses
>education
>healthcare
>tourism

Everything has gone to shit or reduced it´s quality massively.
This is why new houses or appartments are also shittier than older ones.
Less quality due to less purchasing power of the population.

Home prices will not even collapse when boomers die if you wanted to build from 0 with the average milenial income you will want to kill yourself due to the cost.

Check how much was a 1960 wage and adjust it via inflation and you will see my words are truth.

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bitcoin is white nationalism

if you dont own crypto just lmao at you. keep paying your slavers i guess.

>Why would they do that - just go on the internet and tell lies

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When fiat goes it will drag all paper assets with it including digital currency. Last man standing will be gold. 6 thousand year proven record.

...

The guy you're replying to likely made more money holding bitcoin for a couple years than you did holding gold for 20 years, and now he can buy gold with all that money he made. Plus, you live in Sweden, so you're all-around the clear loser in this situation.

>And do you think countries in the west became retarded and opened import in mass numbers because they could gain a little more while destroying their social structure and industrial power?

A big part is the ponzi scheme called social security.
I'm 'woke' as the kids say to the impending collapse and am prepping for it. I have 30% of my savings in physical PMs and I'm shifting another 40% to safehelf PMs in a week. The remainder of banked income I use to offset taxes.

So I understand what you're laying out, but it's not that simple. You have IMF SDR, QE's, Fractional reserve lending, Tuition-loan guarantees, and straight up money creation leading to inflation.

I wonder how many people that suck shitcoin off realize that shitcoin gives corporations like Facebook and YouTube more power kek

Imagine my shock that retards on here are actively campaigning against their own interests, topkek.

>not to mention no one ever asked the most logical question which is
WTF happens when the power goes out, for months at a time. Looking at you Caribbean Islanders.

> bitcoin will rise from the ashes next year
No, it will fall to 0 now that the world is finally figuring out this whole scam has been propped up by Bitfinex and the Tether fraud.

Got some for free, sold at 16k. It was literally free money. Several thousands in my case.

Jow Forums is so retarded when it comes to crypto.

>renders them obsolete
ftfy

>You cannot liquidate yoyr bitcoin for shit
As someone who liquidated about $20K worth on Localbitcoins, you are full of shit.

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check Jow Forums cryptofags ruined what used to be a good board

Then the bank cards and ATMs probably aren't working either nigger.

OI LADS were pulling traffic to NEW POL right now to start the exodus from Jow Forums

Help get the word out were headed to >NeinChan

THis place has been kiked for long enough some user finally has a better board than 8 for us that can handle the traffic

EVERY THREAD

TIME TO DIP

You know who has that purchasing power now? China.

I'm thinking every country that industrializes that isn't retarded in socioeconomic/political stuff will have their turn at the table, and one by one will turn into something like Greece until either climate change fucks us or we turn into balkan tourist traps...

I bought at $800 am I going to make it?

Bitcoin and cryptocurrency is a scam because less than 1% of wallets own 95%+ of the cryptocurrency. You honestly thought wealthy people weren't ahead of the game? They make the game! If they want BTC to be $10,000, then it will be $10,000. It's a casino where you don't even know how rigged the games are. You can still make money off a casino, just like you can make money on the stock market. But never forget you're playing a rigged game.

Finally you say something reasonable , yes social security has a lot to do with it.
It was a ponzi scheme created by bizmarck to unifty the remains of the holy roman empire by destroying local nationalism by having the plebs put money in a national fund.
They would not rebel if their future was invested in germany and not in their local historic states.

But the age was put so old that barely anyone retired.
Most countries copied that shit ponzi and everything was right for a time until it was not.

The gold standard collapsed because the modern welfare state is not sustainable it was a layer of control by individuals against the state.

Without it politicians can keep deficits without giving a shit and offer gibs gibs gibs gibs non stop.
Problem is that those deficits are inflation and destroy the population
Deficit>High home prices>Lower fertility>Imports migrants>Social collapse>Gibs as bribes>More deficit

It´s literally a society dying by a slow bleeding.

> You have IMF SDR, QE's, Fractional reserve lending, Tuition-loan guarantees

All those things are patches to the true problem that is the post gold standard inflation

The imf is a patch on an international level to soften the collapse of individual nations , tuition loans are to patch high education ocsts , qe infinity a patch caused by low consumption.

Bitcoin will be king leaf ,it will force central banks to self moderate or else.

Look at this book

amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central-ebook/dp/B07BPM3GZQ

We are in the calm before the storm once the next crisis happens central banks will be out of tools since lowering the interest rate is not possible and digital fiat means lossing the reserve currency status.

Crypto will moon.

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>No, it will fall to 0 now that the world is finally figuring out this whole scam has been propped up by Bitfinex and the Tether fraud.

Real thing that matters is localbitcoins volume since it happens between p2p users.

The more exchanges go to shit the better , they are not needed.

I know you're a bit but,

Neinchan is a fucking dumb name so I refuse to use it kek

China is doing the same shit , which is why they have empty cities and a housing bubble.
The reason they are loaning everyone is because they probably want to put the yuan as a reserve currency and what better way to do so than having people owning them to you.

But if you look behind geopolitical crap once the bubble explodes they are also fucked but they will survive it tough since the gov there is not retarded.

Buy LINK

>coin.dance/volume/localbitcoins

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Check the Argentina one.

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oh I know

If you only knew how bad things truly are.

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>ccn.com/4-billion-crypto-users-bigger-than-internet-binance-ceo
soon

Ever hear of Fernando Aguirre?
He writes about a lot of this stuff. Not much on crypto. But he's Argentinian, and since your previous collapse is pretty up on this stuff.

I bought my 7 series with bitcoins while I was high.

Bitcoin is about to implode. I hope you all bought mining shares.

Bitcoin? I don't even have regular coins bro.

Pol can never agree in bitcoin. What does it mean anons

I know friend.

I have not but it does not suprise me , we are the example of why fiat is shit.
I would not be suprised if we trigger an hyperbitcoinization event in the future , crypto is everywere here and it´s easier to buy it than usd.
Not only that the left here has a hard on for capital controls.
When i grew up i was basically never able to buy a fucking game from steam as an example due to foreign purchases being extremely controlled.
Few people were given credit cards and as such it was not even posible to buy stuff online.
And the few that could get cards had to pay taxes above their purchases kek.

If the left returns this years and pulls their manual leftist retarded capital controls bitcoin will moon as this country is indeed ready for it.

There are exchanges appearing everywere here and our population loves buying shit internationaly.

Cash to crypto is easy here you can do it basically in every street with coupon payment systems(business that process payments of services and taxes) and every crypto exchange accepts those cash payments methods so if that happens crypto will be king here.

That said i hope it does not happen the left is fucking cancer and will turn us into memezuela 2.0

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Pic related is a card I can spend my btc with anywhere in the world.

Have made a living trading coins for the last 3 years.

Nice car, holidays, house ect.

I’m not deluded though, currently at uni studying and diversifying my profit from btc into safer investments.

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Wish I had some coins right now tbqhwyf

Samsung Toshiba Naka Industries Motorola
Sa Toshi Naka Moto
Satoshi Nakamoto

Most of pol is economically retarded and state worshipping retards.
They think if you do the same shit minus diversity it would work.

Based and satoshipilled.

I can think of worse things to do.

If I understood how bitcoin works a bit better and how I can turn it into actual money at some point, I might look into buying some.

But I am also pretty risk-averse when it comes to my money.

I just looked at why the housing is the way it is there...fucking bonkers, that can't sustain forever.

The pol hive mind usually reaches some consensus though. We hate niggers and Jews and race mixing. But bitcoin is divided

Okay, so how do i start in this bitcoin business?

Do i buy xrp at .3 then convert it to bitcoins?

That's because boomers and zoomers are 50/50 split. Most zoomers understand bitcoin somewhat. Boomers are like bitcoin? Litetally what?

you can lie on the internet all you want but you're still a pathetic loser that lost all their money.

Because unless we literally run out of Earth's resources, we'll make some bullshit up as we usually do to keep the game running. We've already seen shit collapses like The Great Depression. What did they do? Make some bullshit gov't programs relief/reconstruction/reuse or whatever and we're back at it. This only really breaks down if another nation or an international community puts the brakes on a massive bailout/throws your country's credit rating out but even then it's not as apocalyptic as it seems. Business as usual until a meteor hits or something.

There is no future for crypto. Every Canadian bank has started blocking purchases of bitcoin, the government is cracking down on it and good luck beating them. Not even the darknet markets are doing good now with all the ddosing. Enjoy your shitcoins while you can, every countries banks will be blocking shitcoin purchases soon just like Cucknada.

iv been living off btc for the last 6 years, banks in this country tend to "liquidate".

politicsweb.co.za/documents/how-vbs-was-looted-the-full-report

Being my own bank has severed myself & my businesses very well, i pay rent. groceries, movie tickets & games with it, and have been for a long time

>Nah bro, I'm talkin like, the next epic crisis in (current year + 5 years or 5 months) is going to be sooooo bad, people are going to be eating each other out on the streets and Mad Max Fury Road will look like child's play.

God some of this fearmongering makes btc anons look worse than preppers...