/biz/ - Business & Finance

>>4686218
>banning bitcoin

>>4686218
WTF Is that a shop?

>le land of le free

>>4686218
>99% of people will lose to the market by either never selling, making bad trades, or a combination of both.

It's in their best interest not to ban it honestly, letting everyone throw their money away on btc is the best way for them to force the next major economic collapse and leave a few rich people on the other side

>>4686218
proofs

>BTC gets banned
>suddenly all the kids want in on this forbidden fruit
>BTC reaches ATH at 30k

https://www.youtube.com/watch?v=UqFKfB1aCXo
-8:59

THIS IS TRUE. OP NOT A LYING FAGGOT

LOL
banning crypto after two of the largest US exchanges are ready to float futures

hahaha you idiots don't know shit

Lol "were looking into it"

Thats what all the boomers say. They never do shit. By the time they do it'll be $50k a pop. They should have looked into it in 2014.

This just in, Trump met with Tom Bossert this week to decide the fate of bitcoin!!! I've got insider info on this, sling me some coin here and I'll reveal all: 1Fcad676LaRrY8mwDKekwdmxLHuYYVRrFK

>the Russian hacker known as Bitcoin

America can't do shit
If China, the place where majority of hash power is, couldn't put a dent in the uptrend with their bullshit, then nothing will come from uncle Sam having a sperg

>>4686373
They did. That's when IRS started defining how to cash out.

>>4686423
If you give me 1 BTC I'll lie to your face.
Sounds good?

>>4686218

>Bitcoin ban

Bitcoin is already behind 7 proxies

>>4686342
56:57

>>4686440
Most nodes are in the US though

>>4686342
WTF does homeland security have to do with BTC? They going to try to blame terrorism for a ban?

>>4686573
No that's just how you pass a law in burgeristan.
You call it the "Patriotic Citizen's Freedom Act", you make it about terrorism, and anything who opposes it is a nazi pedophile who hates their country and should be deported.

Doesn't matter what it's about.

I FUCKING HATE KIKES REEEEEEEEEEEEEEEEEEEEEEE

>>4686312
It's a self-fulfilling prophecy if they ban it.
>ban bitcoin
>price crashes
>see told ya bitcoin was a bad investment
Furthermore, I can't see the GOP banning it without losing all their "free-market" credibility.

>>4686218
>if everyone is rich
youre an idiot

>>4686679
Sadly, this. Every oppressive law is marketed as "it will only be used against Nazis, terrorists, and pedos, we swear"

>>4686312
this guy fucks

>>4686730
YOU'RE A FUCKING IDIOT. SORRY BUT NO ONE CAN STOP CRYPTO. THE GENIE IS OUT AND THERE'S NOTHING ANYONE CAN DO TO STOP IT. PLUS WAY TOO MUCH POWERFUL INVESTMENT IS LOCKED IN. AIN'T HAPPENING, THE JEWS ARE TRAPPED AND THEY'RE FUCKED.

>>4686218
Trump will kill the Federal Reserve.

>>4686342
>Bitcoin specifically
Fucking why. Why is it always Bitcoin? Why not Ethereum, Dash, Monero? What the fuck?

>>4686775
>you merely adopted the cryptocurrency
>hehe

>>4686736
He means everyone here, as opposed to the fucking kikes that run the fed.

>>4686342
I hope it gets banned. Only people who work hard deserve to be rich, not you NEET faggot coiners.

I'd be very surprised if they cracked down on it for the simple fact that international money laundering relies for a large part on agreement between international transaction monitoring agencies. If the country is a state sponsor of "terror" then the trails stops there. At least with most coins they xaj easily track wallets. I could understand an attempt to ban monero though.

http://www.austrac.gov.au/about-us/international-engagement/exchange-instruments-list

>>4686218
I can still dl from torrents whenever I like. gl banning crypto

>>4686291
No she's really that cute.

>>4686878
They might not be able to ban crypto, but banning exchanges would have a pretty big impact.
I'd short the hell out of that.

>>4686679

But it's cool to hate your country now. Only nazis are Patriots. Throw "gender equality" in there instead

>>4686919
Cryptocurrencies are the most globalist thing ever, you would only hold them unironically if you hate your country.

>>4686914
Wouldn't banning exchanges just force then into other countries? What would banning exchanges accomplish. Binance is so far a good one and they're in Hong Kong I think. What would American government banning exchanges do to binance?

>>4686834

>we're going after monero!

Kek ok honey just come back in before it gets dark

>>4686218
>everyone is rich
you're an idiot for believing this is possible in a zero sum game
crypt will be banned because the rich are using it to exploit the poor

>>4686291
no this is a 6/10 woman in america

>>4686218
>tfw trading bitcoin gets deemed as gambling and therefore illegal

>>4686947
I'm poor and I'm slowly winning. How are they exploiting me? Don't be stupid and you can make money.

>>4686941
Other countries won't let you easily deposit/withdraw USD, and there's a LOT of american money in crypto rigth now.
Banning the exchanges would force a lot of panic sells until a different path is found.

How would a ban even work? It is just software at the end of the day. Worst they could do is go after the exchanges

>>4686992
you think you bought the dip at 9500 I'm sure
I'll ask you again how good you're doing when it dips to 7k and again to 5

if you're one of the few that can profit off of this, congratulations, but most will lose their shirt

>>4686914
Localbitcoins is getting 10x more traffic in China since the exchanges got taken down. BTC is literally unstoppable now

>>4687051
Localbitcoin merchants will hapilly take a 3-5% cut over the current price, because the whole selling process is much slower on Localbitcoin than on an exchange.

I've used Localbitcoin, but that's unacceptable for a lot of people.

>>4686871
>people who are rich worked hard to be rich

K e k

>>4687051
Right even if they ban exchanges people will start selling their goods for crypto exclusively. We need to skip fiat and start more closed crypto economic systems. Biggest one is drugs rn

>>4686947

Yeah, and I guess they're going to ban fractional reserve banking and adjustable rate mortgages too, and of course the stock market. Are you fucking retarded?

>>4686304
kek, USA is so fucked by the jews and the elite

>>4687078
For trading sure, many people would still buy and hold though.

Who's that faggot journalist, let's ruin his life.

>>4686218
>Who will fixed their toilets and wash their windows if everyone is rich?!
Chad and stacy are meant to clean toilets, geeks are meant to rule the world. This is the only way life is fair.

>>4686730
yeah like when they banned cocaine or alcohol and it became really ch- oh wait

>>4686342
>57.17

govt literally hasn't been bothered to look into it yet.

>>4687155
Honestly, the government has so fucking much on their plate to deal with that crypto is barely a blip on their radar

>>4686342
>720p
lmao USA is a joke

>>4687117
Absolutely. I'm certainly not arguing that they can kill crypto in any way, shape, or form.

But if they really want it to crash, it's not hard for a government to cause a mass panic, especially with all the new families who just heard of bitcoin and FOMO'd in the last few days.

If the SEC or the US government in general starts seriously talking about banning exchanges, you can bet your sorry ass I'll open a bitmex account just to short this shit at 50x leverage.

>>4686730
When the king begins proposing a ban on swords, buy 2.

If the US bans bitcoin, we should buy more, cause they're planning to fuck us with no lube and bitcoin is in their way.

Trump's got bigger things to do than mess with videogame meme money.

>>4686802
> trump changing something

>>4687181

>>4687222
yep...everything's the same as it ever was...nothing changed whatsoever...

>>4687247
>the president is directly responsible for making stocks go up

I knew /pol/tards were dumb, but damn

>>4687300
>big money pro-capitalist president pushing tax reform along with a year of nonstop deregulation and international trade deals
>no effect on the markets

Go back to your playpen, kiddo. This is a board for adults.

>>4687338
>This is a board for adults.
It arguably isn't.

>>4687247
Wow, BUBBLE confirmed.
Market top months because massive economic crashes.

>>4687363
Tell me more, Krugman.

>>4687247
why do you think ((((((yellen)))))) wants to >shut it down< so badly

Krugman would love this bubble if he wasn't so biased, he has loved similar bubbles before.

If you think QE's are not going straight into stocks then you're fucking retarded m8. These stocks are built with fake money and it will blow sooner or later.

>>4686551

Thank you.

>>4686573
Bitcoin was literally invented for Money Laundering, to circumvent the embargo preventing banks from allowing Americans to play Online Poker.

Everyone like to pretend Satoshi is some supergenius Jap Tizzer, but he was just a California poker addict who died of a MRSA infection in 2011.

>>4687489
Source?

Whats wrong with her eyes?

>>4687338
That faggot has done absolutely nothing but play golf, tweet ramblings while taking a shit, and spew literal nonsense

>>4686539
kek

>>4686539
I'm unashamedly jealous of the motherfucker who painted this thing and everyone else should be as well.

Imma gonna unironically buy this thing, print it, frame it and put it up on the wall over the dinner table.

I hope the artist offers downloads payable in bitcoin

>>4687518
Now you've done it. I'm gonna blackpill you into the dirt.

>>4687536
>gets handed a bunch of judge picks through sheer luck

Just like how he got handed millions frm daddy

>>4686218
>trump decides to comment on bitcoin on his twitter
>"this shit is illegal I am going to come down on it harder than crooked Hillary's wedding photos! maga!

>>4687597
Not sheer luck. The GOP successfully blocked the Obama administration from getting judicial nominations for years, leading to hundreds of vacancies.

President Trump is getting as many federal judiciary picks as the past 9 presidents combined. Over 90% of his picks so far are white men. As of a few days ago, Grassley obliterated the final obstacle in judicial nominations, the Democrats' Blue Slip. There is nothing to stop it now.

When his first term is over, half of the judiciary in the entire country will be handpicked Trumpguys with lifetime appointments. You cannot reverse this. It is already done.

>>4686218
She is the voice of America, God Bless

Trump gonna pump btc as a payback to pol/ for their support

Screencap this and checkem

>>4687247
hmm

>>4686551
>>4687155
gov isn't going to ban it, they gave no info

>>4686218
>vaguely looking into it with no specifics
>banning
>ok.jpeg

they already shut down forex and banned us from trading so I wouldn't be surprised but the us is certainly not the land of the free

>>4687775

>>4686218
"Bans" are generally really good for the price. Look what happened when China "banned" it.

It's just a government politican with little or no understanding trying to look like they're doing something. Then they go all quiet about it when they figure it out.

>>4687155
stupid cuck: eehhh don't you think it should be regulated

nigger shut your gayass mouth, why should it be regulated ? why do you need to give the jews more money why ? whyyyy

>>4688298
Are you trading at an exchange? Do you own that exchange? No?

Then the jews are already getting your money in fees while you take all the risks.

if they cant stop torrenting, they cant stop crypto.

>>4686834

no one gives a shit about your two-bit worthless shticoins, faggot. It was ALWAYS only about BTC, until you 2017-era newfaggots rushed in and thought you knew how things worked.

>>4686291
Why do you think there's so many MGTOW types in the US? Most of their women are ugly, fat, cunts, or a combination of all three.

>>4688298
>cuck
That's a kike, anon. A vicious oven dodger.

>>4686730
Trump's not going to ban bitcoin, people need to stop fear mongering.
https://www.coindesk.com/trump-white-house-doubles-us-commitment-blockchain/

Once again BTC =/= Blockchain

>>4686936
more like a display of non-confidence

>>4686342
>umm we're going to look into it
That's what they say when they have no clue lol

literally nothing
btw if Trump bans bitcoin he needs to be assassinated along with the entire congress and his administration
hello CIA

>>4686218
OH FUCK OH FUCK TRUMP JUST LITERALLY DECLARED CRYPTO AS "ILLEGAL" AND ANYONE HOLDING IT WILL BE PERSECUTED. EXIT ALL CRYPTO MARKETS NOW
THIS IS NOT A DRILL!!!!!!!!!!!!!!!!!!!!
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>4687155
Apparently 1k out of 15 or 20k people reported it on their taxes that deposited or withdrew 20k. I don't think that's enough for them to go after

They put it in the news and 40% shit their pants and pay their taxes. That's the end.

>>4687114
this. the paper USD jew is so important that thye will do anything to protect.

>>4688472
Typical fake news, notice all the CAPs, notice the lack of sources.

>>4687041
>$5k
Most people here bought lower than $1k

https://www.youtube.com/watch?v=Qkz9TX45Bs8

>>4686936
>cryptos are globalist
Not really, globalism means more than just something being international. Globalism is increasing centralization, crypto is the opposite of that.

>>4688510
NO WRONG! I SAW IT JUST NOW ON CNN! AHHHHHHHH IT'S OVER!! FINISHED!!!!!

>>4688526
She doesn't know nor care. Monitored just means in regards to money laundering, not your faggot neetbux gains.

Trump is the Goldman Sachs president. Calm down ladies, (((they))) fucking love crypto

>>4687657
>courts are still overwhelmingly liberal
>trump balances it
>loses bid for second term (28% approval lol)
>the amount of judges that die over the next 8 years supersedes those that died in the last 2 years of Obama + 4 years of trump
>50 years of prosperity under centrist Democrats instead of the current right wing extremists
SO MUCH WINNING

>>4686218
I cashed out my initial investment (€6000)

Not LARPing

All Bitcoin users, please report to the closest Federal Detention Camp for processing.

>yfw

>>4688755
Oh I forgot to add:
>””republicans”” can’t do anything about it because they blew up the filibuster in their short-sightedness
>this also allows democrats to add as many Supreme Court judges as they want (9 isn’t a fixed number - it could be expanded to any number, all seats filled by democrats)

>>4688755
>>4688790
Democrats destroyed the filibuster, you colossal retard.

But by all means, PLEASE keep deluding yourself that you're winning. You're gonna have a huge victory in 2020, big boy! Yes, you are!

>>4686218
Might as well give me bitcoin since it's going to be banned anyways.
12pkmD3pwTC4AR7ujDFm7oLFVXdTe3R65K

America better not fuck this up for the rest of us. Already China spreading FUD, don't need burgers doing it too.

>>4688840
Funniest bit is that he still trusts opinion polls after the election.

>be me
>by XRP
>get called a cuck
>regulations kill all other coins
>((they)) win again
>so do I

>>4686312
True. IF they ban it, it would create the opposite effect and bring more attention to the crypto market, if they let people use this, the majority will lose their money, only a few will make millions.

>>4686218
>banning crypto as Wall Street starts to go all in
>Jews not recognizing the greatest scheme of all time has come to fruition
>Jews wanting to ban this
Banning it in China only made it go up. The Bitcoin menace can't be stopped.

>>4687509
Yes, here it is:
>pants down and show his anus