Cryptocurrencies are a fucking cancer
Cryptocurrencies are a fucking cancer
Nicholas Powell
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William Edwards
check it out guys there's still anons among us who didn't get rich off of it
Caleb Martin
have fun with your coins block chains revealing all of your cheese pizza and lsd purchases.
Mason Brown
only thing I bought with it are raspberry pi's on pimoroni. and a shitton of euro's user
Logan Wright
>I-i will be rich when I find someone who will trade my coins for real currency!
Tyler Fisher
wrong again
Dylan Evans
Cryptocurrencies are great because they upset people so much, especially for the reason in pic related.
Oliver Adams
Nice edit
Brandon Richardson
1 AdY9ERYUEHXX5xr7hX9yooVAaUmjFw5mV
remove the space and check it out faggot
Dylan Hernandez
>miners make money
>miners buy GPUs
>GPU manufacturers make money
It's a mutually beneficial relationship in a capitalist nation what's the problem here? Oh yeah you didn't get what you wanted for the price you wanted. Therefore everyone else needs to stop making money so you can save some a few shekels!!! I don't even mine but you faggots are insufferable
Liam Flores
what website is this, user-kun?
Nathan Murphy
WHO HERE ON THE XMR MOON MISSION
Jason Bailey
You do realize there are a lot of someones who would do that. It's called a cryptocurrency exchange and there's too many to count. Don't get me wrong there's tons of dumbasses who refuse to take profits because they're greedy and want to make more however if one does decide to take profits finding someone to sell to is the easiest part of the process.. Getting the money into the bank and paying taxes on it is a different story but simply conducting the transaction to trade crypto for USD is not very difficult
Camden Bell
bitstamp
Jonathan Gutierrez
>Hold my beer..."
ok, and I drink your beer, faggot
Logan Nelson
Do you live here in Europe?
When you transfer the money to your account, the banks don't go ape shit from the origin of the money?
Samuel Ramirez
they have a failry intrusive KYS procedure and in Belgium you don't have to pay taxes on bitcoin held longer than one year
visited my bank twice for other business afterward and no, not a peep
Mason Murphy
He is right.
Proof of work is literally cancer from a ecology pov.
Given that bitcoin is capped at 7 (seven) transactions world-wide per second, you have to be a fool to think you can somehow replace traditionnal monetary systems without burning the planet to the ground.
>It's a mutually beneficial relationship in a capitalist nation what's the problem here?
gpus are not luxury items, finding gpus at msrp is impossible right now and it is a problem.
> Therefore everyone else needs to stop making money so you can save some a few shekels!!!
Most miners don't make money, this is why they sell once they start receiving the first electricity bills or get raided fro "unusual" energy consumption.
The most efficient way to make money off mining is jumping from alt money to alt money hoping for some high rate changes with bitcoin which never happens.
>I don't even mine but you faggots are insufferable
Take anything you like, multiply the price enough to put it outside what you can pay.
Aaron Ortiz
>a failry intrusive KYS procedure
>KYS procedure
lol
Evan Edwards
>Given that bitcoin is capped at 7 (seven) transactions world-wide per second
this is why a 2nd layer (lightning network) is being developed right now
it's going to take some time to build trust tho but it will work exactly the same
Hudson Wood
damned neural plasticity
>KYC
Jackson Edwards
>Sour grapes / 10
Gabriel Thompson
>falling for the cryptographic Jew
James Baker
>lightning network
So basically trading the security/decentralized concept of Bitcoin for better performance. Who would've thought that centralized stuff would be better?
Landon Thompson
It would be cool if they functioned as actual currencies, but in their current state they are unfortunately just virtual stocks/gold.
Carter Bennett
>real (((currency)))
Sweetie, I...
Joshua Bennett
personally at this time I'd only use it for chump change
I'm sticking to the main layer. The only times the network chokes at the top of a bubble and I have the means to still make movements anyway
Christian Price
Bitcoin CASH
Colton Hill
Aww, did the poor /v/poster come here to say he didn't get his 1080ti for his gaming build?
Colton Diaz
They do. I've paid and gotten paid for goods with them.
>agree on local currency price
>pay in crypto on rate of day
Not too difficult.
Henry Barnes
too volatile and inherently deflationary, it will never happen
Andrew Baker
>there are people this uneducated
Noah Clark
WHY DO SO MANY CRYPTOMINING FAGGOTS BUY UP ALL THE GRAPHICS CARD STOCK JUST TO MAKE PROFIT THATS ONLY GOOD FOR BEER MONEY????? I JUST WANT GPU PRICES TO GO BACK TO THE WAY THEY WERE SO I CAN UPGRADE MY GAMING RIG FUCK YOU CRYPTO-MINING LOCUST SCUM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Jeremiah Campbell
How much did you get taxed?
Thomas Miller
It has become nothing more than an elaborate scam by a tiny minority to rob greedy idiots and laundering assets.
Isaiah Nelson
>but it will work exactly the same
So it'll have all the same drawbacks and also be rate limited?
Cameron Morales
Prices are up right now because of memory supplier collusion and all the third party vendors waiting on the new Nvidia/AMD gpus, not crypto.
Joseph Watson
>EU bank transfer
its fucking nothing
Nicholas Morales
Give me 10k EUR and I'll believe you.
paypal.me/notahoneypot
Lucas Wilson
why are people still having trouble believing people actually got rich over this shit.
if you put just a few hundred dollars or a month of mining pre-2012 and basically yeah you're a millionaire now.
The concerns here are concerns that existed back then.
wouldn't you "invest" a few bucks if you conservatively judge the chances for it to succeed is maybe 5% or something?
people wasted far more on lottery n shit.