/biz/ - Business & Finance

[Anonymous No.2103498]

1 BITCOIN = $1,866.01 as of today

[Anonymous No.2103499]

>>2103498
Stop reminding me

[Anonymous No.2103500]

ok and even if it goes up to $10,000 like some retards thats only less than 10x

the people who got in when bitcoins were 1$ got 1800x their money

ur fucking late

[Anonymous No.2103501]

>>2103498
>>2103499
Filthy no coiner scum

[Anonymous No.2103502]

I have more bitcoin than money. I have about 3$ of bitcoin and 0$ of money.

[Anonymous No.2103503]

>tfw used to have 21 bitcoins when they were worth $10 each back in 2012, but sold then at $30 thinking I made it big

[Anonymous No.2103504]

If only i wasn't underage when it began to take off, i would have grabbed some

[Anonymous No.2103505]

if only I had put just $10,000 into bitcoin when I first heard about them in 2011, I could retire by now.

I started buying last year when they were at $400 each, so I've made a nice little profit, but my timidness and risk aversion means I didn't put more into btc like I should have, meaning unless bitcoin gets to $50k or so I'm going to be stuck working for a while longer.

[Anonymous No.2103506]

Buy ETH

[Anonymous No.2103507]

buying right now

[Anonymous No.2103508]

>>2103498
that's a very expensive meme

[Anonymous No.2103509]

>>2103506
bought some eth when they were at $10 and now they're above $90. Again though I only invested a little bit, so my gains were very modest. Too afraid to take a big risk

[Anonymous No.2103510]

I bought Bitcoins for $.33 way back when they were first getting noticed on /g/. I sold for $45.

And if anyone told you that they knew Bitcoin was ever going to be this high, they were lying. Also, enjoy your backorders lol

[Anonymous No.2103511]

>>2103501
Gibe moneys, scumbag
>>2103500
Thx for pointing out the obvious, retard. 99% of us are late.

[Anonymous No.2103512]

>>2103498
The biggest regret of my life would be not investing on Bitcoin in my teens

[Anonymous No.2103513]

>>2103498
I USED TO HAVE 2.34 BTC AND SOLD THEM FOR 959 EUROS

I THOUGHT IT WILL DIE

[Anonymous No.2103514]

>>2103513
>I USED TO HAVE 2.34 BTC AND SOLD THEM FOR 959 EUROS

thats pretty good dude u shouldnt have any regrets

[Anonymous No.2103515]

>>2103498
Plz don't tell me they were dirty cheap a decade ago or something like that.

[Anonymous No.2103516]

Too bad it's impossible to cash them in.

[Anonymous No.2103517]

>>2103498
wave three midterm, guess you are hoping for that magical 5 to over 9K. Good luck satan

[Anonymous No.2103518]

>>2103498
>sold all mine that I bought for 200

[Anonymous No.2103519]

>>2103502
whats it like having none of money?

[Anonymous No.2103520]

I never got into bitcoin because i figured alt coins would flood the market and devalue everything into oblivion...

[Anonymous No.2103521]

>>2103515

They were a couple cents years ago

[Anonymous No.2103522]

>that feel when I used to spend like 30 bitcoins on weed from the deepweb

[Anonymous No.2103523]

>>2103498
If I even put $1,500 into bitcoin which I actually had at the time as disposable income I'd have almost $4,000,000 today.

A great opportunity missed but to be honest I wasn't really the most tech savvy person before or even knew what bit coin was actually about so I'm not to butthurt.

[Anonymous No.2103524]

>>2103511
Just because I feel sorry for all you all.

The guy that made Javascript and Mozilla/Firefox is making a new browser called Brave. It will be using Basic Attention Tokens to pay you not to use an add blocker and downloading their browser.

It's a smart solution to the web advertising billion dollar business.

https://basicattentiontoken.org/


Put in $5000 and cash out $250,000
There...happy?

[Anonymous No.2103525]

>>2103516
CASH? you idiot. you buy stuff with bitcoin, not cash

[Anonymous No.2103526]

>>2103498
My friend was contemplating on investing 200 euros on btc when they were worth 20 cent a piece.

He regrets it now.

[Anonymous No.2103527]

Bitcoin is just the email, there is still the entire internet left for you to invest in.

Pic related is me making 1.4k in the last week from investing in alt coin.

This is how you beat the jews.

[Anonymous No.2103528]

>>2103524
Nice try schlomo.

[Anonymous No.2103529]

>>2103524
neat idea but nobody will ever use Brave. Getting people to change browsers is no small feat. People won't move away from Chrome unless there's a compelling reason to do so, or unless the browser is shoved down your throat constantly, like Google did with Chrome and MS did with IE

[Anonymous No.2103530]

>implying i have money to invest

[Anonymous No.2103531]

How is Ethereum? Any good? good time to get in right now?

Heard there was a key technological difference between ethereum and buttcoin.

[Anonymous No.2103532]

>>2103498
Is the Bitcoin jew-proof?

[Anonymous No.2103533]

>>2103527
>fiat currency is unstable but this isnt
>>2103523
>>2103523
dont feel bad its all going to come crashing down any day now

[Anonymous No.2103534]

>>>/biz/

[Anonymous No.2103535]

>>2103531
Bump

[Anonymous No.2103536]

>>2103503
JUST
U
S
T

[Anonymous No.2103537]

>>2103498
>back in 2011 /g/ said it was a scam
>i listened to them
Never again.

[Anonymous No.2103538]

>>2103529
It'll still get to a billion dollar valuation on speculation in this market. Worse projects are and this is one of the more liegit projects.

Make at least 100-300%..

Up to you..I can't make you make money.

[Anonymous No.2103539]

>>2103519
Kinda sucks.

[Anonymous No.2103540]

>>2103533
Yeah but the point was that selling them now would have made me a fortune.

[Anonymous No.2103541]

>>2103533
>dont feel bad its all going to come crashing down any day now

Explain, leaf

[Anonymous No.2103542]

>>2103498
>tfw opened a bitcoin wallet in 2010 but didn't buy any because it was too much of a hassle

[Anonymous No.2103543]

>>2103520
I don't understand how this hasn't happened yet. It's gotta be speculators deliberately driving the price up because Bitcoins are the equivalent of printing money out of your basement

[Anonymous No.2103544]

>>2103498
Well that was unexpected.

[Anonymous No.2103545]

Used to juggle a couple dozen BTC at a time around 2011-2012 when Silk Road was around. Never expected shit to go through the roof like this.

[Anonymous No.2103546]

>>2103531
I'm not an expert but Bitcoin is primarily a payment system/currency while Ethereum is more a platform for blockchain applications and smart contracts, with Ether being the token used.

Ethereum gain a lot of momentum lately when Microsoft and other big tech companies said they were going to get on board and start creating platforms for developers to create Ethereum based applications and private blockchains based on Ethereum. If ETH does become the standard for this sort of thing I expect the price of Ether to rise significantly. There may still be an opportunity to get in.

[Anonymous No.2103547]

>>2103513
It will dies. You're not going to be able to keep those when (((they))) decide to introduce the new (((coin))). Only criminals will have them, and getting caught will mean your death.

[Anonymous No.2103548]

>>2103498
Quick, remind me how hard I fucked up not buying ETH 4 years ago

[Anonymous No.2103549]

How can I get bitcoins? I can farm them with my regular computer? How much can I get per like 12 hours/day?

[Anonymous No.2103550]

>>2103545
it's still (possibly) early days

[Anonymous No.2103551]

>>2103498
I have half a bitcoin I bought when it was like $800 a whole. So I like doubled it..

>orders sig Sauers for upcoming race war

[Anonymous No.2103552]

>>2103549
Zero. You missed the boat. Farming them on your PC is pointless now.

[Anonymous No.2103553]

>>2103542
Same bro, I feel like hanging myself.

[Anonymous No.2103554]

>>2103543
It's digital VIX Bonds for lack of a better term

[Anonymous No.2103555]

>>2103549
zero. The days of mining on your home PC are over. You need a supercluster of high end specialized hardware to do any serious mining now. Your option is to buy them from an exchange.

[Anonymous No.2103556]

>>2103546
Shit, God knows I could use some extra money right now.

After mining the ether, am I able to sell it and covert that into usable money I can send to my bank accounts and such? Or is it an exclusive currency that can buy only stuff with itself?

[Anonymous No.2103557]

I feel like there's a crash coming soon. It just feels like the main coins are being overvalued right now.

[Anonymous No.2103558]

>tfw proud owner of 0.03 BTC

Looks like I'll be buying that mansion soon lads

[Anonymous No.2103559]

>>2103500
I have been here 10 years and was laughing at them when bitcoin hit 100 I think. I believe I remember bitcoin at 25 when the libertarians pushed it. I was a moron.

[Anonymous No.2103560]

>>2103543
This
And when it crashes it won't be overnight but in a couple of hours or minutes. There's no stop loss order in Bitcoin.

[Anonymous No.2103561]

>tfw sold on the first price climb from 300-700

[Anonymous No.2103562]

>>2103540
whose to say you wouldn't have sold at any other point? Or that right now you wouldnt hang onto it hoping it goes to 3k and then it crashes. people always look back in 20/20 hindsight like they wouldve bought the trough and sold the peak but that never ever happens.
>>2103541
Its a classic speculative bubble. There is nothing physical behind it. So the second it stalls out and the returns slow down, guess what? people are going to want to put there money to more productive uses, mostly stocks and bonds that actually pay out. so they yank from bitcoin and it collapses. its happened before it will happen again

[Anonymous No.2103563]

Made 50K with btc, not bad but could have made 200K and buy a house with the investments I could've done. I fucking KNEW monero was going to triple at least and had 50k worth of btc that I could've tripled..Still fucking bitter about it

[Anonymous No.2103564]

>>2103556
You can but you're still subject to taxes on it. You can get around it when youre ready to cash out by transferring it to BTC and buying assets with it like gold.

[Anonymous No.2103565]

>>2103515
When I first heard about bitcoin I think they were $5 a piece. It was all over new but I thought it was crazy. A 100 investment then would buy me a house now

[Anonymous No.2103566]

>>2103562
>There is nothing physical behind it

a lie. There's a global network of computers that is more powerful than the top 500 supercomputers combined. Bitcoin is backed by the enormous global infrastructure which supports it.

[Anonymous No.2103567]

>>2103516
That's not the goal anyway.

[Anonymous No.2103568]

>>2103563
There are many altcoins to invest in, don't lose hope.

[Anonymous No.2103569]

>>2103562
>people always look back in 20/20 hindsight like they wouldve bought the trough and sold the peak but that never ever happens.

Yep, take your gains and move on to the next meme.

[Anonymous No.2103570]

>>2103549
Join in Taringa

[Anonymous No.2103571]

>>2103564
technically you still have to pay capital gains when you buy things with your appreciated bitcoins. Might be able to slip under the radar for small purchases, but if you buy say a house with BTC I think the IRS will want to ask some questions, if you don't report your capital gains.

[Anonymous No.2103572]

>>2103566
I mean there is no expectation of future earnings like there are if you are to hold equities

[Anonymous No.2103573]

Do you think eth will crash anytime soon?

It seems really overvalued atm.

[Anonymous No.2103574]

>>2103498
How to start generating bitcoin, and how long does it take to make one?

[Anonymous No.2103575]

>>2103566
Spoken like a true cult believer. What happens when the power goes off. Where are your bitcoins then?

[Anonymous No.2103576]

>>2103572
well sure, bitcoin is an asset not a stock. it's value is based on scarcity vs demand

[Anonymous No.2103577]

>>2103498

Really glad I kept a couple hundred of these

[Anonymous No.2103578]

Once had 10.000 euros in bitcoin but i lost most of it in margin trade :(.

[Anonymous No.2103579]

>>2103498
Fuuuuuu I should've bought this fake digital money with my fake paper money years ago.

[Anonymous No.2103580]

>>2103572
>expectations

That's called hope. It's not guaranteed.

[Anonymous No.2103581]

>>2103498
That is a lot, is this the highest it has ever inflated?

[Anonymous No.2103582]

>>2103575
if the "power goes off" globally we have bigger problems to worry about than the value of bitcoins or any other currency for that matter. Even if that does happen, the bitcoin network can be brought back on line when the "power comes back"

[Anonymous No.2103583]

>>2103564
>taxes
what the fuck? What bullshit is this?

[Anonymous No.2103584]

>>2103507
bottom seekers are brave souls... it may drop even lower in the next few days. beware of the falling knife...

[Anonymous No.2103585]

>>2103571
>spending money is taxed
no shit sherlock

[Anonymous No.2103586]

>>2103562
Don't be even dumber, leaf. The BTC is slowly running out of blocks to mine. They will be completely gone by 2140. It may go down slightly to $700 max no lower than that. It'll porbably be worth more then $100.000 each by the time we're grey and in diapers. Sure more people will want to sell now than buy but it's temporary at best.

[Anonymous No.2103587]

>>2103498
who )))fucked up astronomically((( here?

I was in a thread on /g/ about bitcoins when it first got its footing and there were a few people saying "GET BITCOINS NOW, NOW." with some seriously good arguments and I just thought "lol not wasting my time".

One of my e-friends who was also around at the time made out like a bandit from the same thing; I recall calling him an idiot for mining with all four of his computers all day every day.

[Anonymous No.2103588]

>>2103582
What if it doesn't? It's all gone. At least with paper notes and gold and silver coins you can touch them.

[Anonymous No.2103589]

>>2103585
my point is you can't avoid taxes by buying with your appreciated bitcoins, unlike what many believe.

[Anonymous No.2103590]

>>2103525
Stuff like mexican weed on tor? Lol

[Anonymous No.2103591]

>>2103498
Can someone in this thread explain to me how bitcoin mining works? Ive never been able to understand that it seems like magic

[Anonymous No.2103592]

>>2103576
but unlike other currencies, people are holding bitcoin in their portfolio expecting appreciation, not just for security or as a strong counter cycical asset.

the second it starts stalling out there is literally no reason to hold it anymore.
>>2103580
Im pretty sure my google and facebook shares will make a hefty profit this quarter.

[Anonymous No.2103593]

The smell of basement on this thread is strong...
Try to buy something meaningful with bitcoins, u retards.

>Getting the same profits that buttcoins but in a serious way, everyweek.

[Anonymous No.2103594]

>>2103573
>overvalued

NO!!
look at this graph. Bitcoins are just starting to grow. Market cap TRIPLED since january.. more than 40 billions invested in 5 months, it's going up the moon. T

[Anonymous No.2103595]

>TFW a bag of weed I bought off Silk Road adjusted to todays BTC value cost me $43,000.

[Anonymous No.2103596]

>>2103524
hol up hol up

This shit is fucking genius. If it really does what it claims to do to advertising then this thing will explode. How does it work tho, like can you trade it outside of the browser like the rest of the coins?

[Anonymous No.2103597]

>>2103588
In the event of an apocalypse, your government paper money isn't going to do you much good either. Who would accept it? Gold, maybe, but I have a feeling practical goods like food and ammo will be the currency in the event of a global power outage (which by the way I don't envision ever happening).

[Anonymous No.2103598]

>>2103573
>overvalued

NO!!
look at this graph. Bitcoins are just starting to grow. Market cap TRIPLED since january.. more than 40 billions invested in 5 months, it's going up the moon.

[Anonymous No.2103599]

>>2103590
yeah also fake ids, cp etc
with a high chance of getting scammed out your hard earn coins lmao

[Anonymous No.2103600]

>>2103591
Watch this many times until you get it.
https://youtu.be/Lx9zgZCMqXE

[Anonymous No.2103601]

>buttcoin
kek. i wonder why it surged just before the attempted ransomware attack. really makes you go hmmmmmm. almost like it's a garbage crypto just like any other that is controlled by a handful of nefarious faggot kike whales and will drop back to 1/4th of current value within a few months. it will NEVER be a viable currency.

[Anonymous No.2103602]

>>2103525
hope you get caught buying "stuff"

[Anonymous No.2103603]

>>2103566
>global networks are safe
inb4 hackers demand Trumpcoin.

[Anonymous No.2103604]

>>2103593

Go eat some dirt, shitskin. You can easily exchange bitcoin for real currency if you want to. It's not that difficult.

[Anonymous No.2103605]

For those new to cryptocurrency, pour literally all of your money into XRP. Thank me in 5 years when you're a trillionaire.

[Anonymous No.2103606]

>>2103599
> fake ids

[Anonymous No.2103607]

>>2103498
Should've bought it.

Now it's too late

[Anonymous No.2103608]

ah bitcoins
a 100% legal ponzi scheme

[Anonymous No.2103609]

>>2103498

Get into Ethereum while you still can. Just the name alone is iconic enough for it to catch, and it's starting to. They shot up 80 bucks a coin a few days ago. INVEST. INVEST. INVEST.

[Anonymous No.2103610]

>>2103603
what does a windows exploit (which was patched in March btw so only morons were affected by it) have to do with bitcoin infrastructure?

[Anonymous No.2103611]

>>2103593
>what is steam
>what is g2a
>what is bitcoin debit cards (you can buy anything with this)
I hope you're baiting, nigger.

[Anonymous No.2103612]

>>2103498
>not having comfy ETH gains

[Anonymous No.2103613]

This is the most important graph of bitcoin

[Anonymous No.2103614]

>>2103498

I made about $25 in bitcoins years ago from selling Civilization steam keys I got from voting multiple times in Green Man Gaming's Game of the Year Awards by making several different throwaway e-mail addresses.

Then I went on BTC-E and started messing around. I decided I didn't want like 0.00428307th of a BitCoin because that number looked stupid. I wanted an amount that had a 1. in front of it. So I traded my fraction of a bitcoin for one LiteCoin and forgot all about it, until this thread.

Now I log in and see 1LTC = $26. So I broke about even.

[Anonymous No.2103615]

>>2103500
because a 900% gain isn't a big deal loooool nocoin loser

Altcoins exist OP.

[Anonymous No.2103616]

>>2103611
>>what is steam
>>what is g2a
Might as well pirate at this point.

[Anonymous No.2103617]

>>2103575
Like this is *ever* gonna happen

[Anonymous No.2103618]

>>2103498
Feels good man

[Anonymous No.2103619]

>>2103609

>tfw bought 15 ethereum two months ago at 10 bucks each

and now we wait

[Anonymous No.2103620]

>>2103552
>>2103555

Sad

[Anonymous No.2103621]

>>2103618
>no tab joke

[Anonymous No.2103622]

>>2103498
sure but what accepts bitcoin in the "real world" (no drugs etc.)?

isnt it a bit like having $1.000.000 but in money you can only spend while you are on the moon

[Anonymous No.2103623]

>>2103592
>people are holding bitcoin in their portfolio expecting appreciation, not just for security or as a strong counter cycical asset.
source?

[Anonymous No.2103624]

>>2103618
>storing your coins online
I seriously hope you guys don't do this.

[Anonymous No.2103625]

>>2103621
the package he's tracking is for a 3 pack of dragon dildos

[Anonymous No.2103626]

>>2103593
and what is your profession

[Anonymous No.2103627]

>>2103605
Best exchange?

[Anonymous No.2103628]

>>2103622
Microsoft/Dell/Newegg/Tigerdirect and many more. Bitcoin has made millionaires out of plenty of normies that had faith.

[Anonymous No.2103629]

>>2103622
Hey anon, did you know that you can sell bitcoin for money?

[Anonymous No.2103630]

BUY ETH SIDE WITH JEWS AND WIN

[Anonymous No.2103631]

>read white paper in 2008
>kind of cool, don't understand
>can't get mining software to work
>use processor to do SETI@HOME instead

bought around $200 after the first bubble popped though. Paid for my last year of college tuition with it.

[Anonymous No.2103632]

>>2103605
Ripple is a memecoin. It was made for (((banks))) and the majority of it is held by it's creators. It will be lucky to hit $5. It was a short term investment that's not going anywhere, regardless of it's market cap.

[Anonymous No.2103633]

Mining them is probably useless if you don't have a massive botfarm.

What's a reliable way to invest in them?

[Anonymous No.2103634]

>>2103622
1. You can exchange bitcoin for fiatskis through an exchange
2. you can use a bitcoin debit card which allows immediate conversion from bitcoin in your debit account to local currency
3. you assume that nobody will ever start accepting bitcoin at POS. If bitcoin continues to gain momentum I think you can expect more and more retailers (online first, then brick and mortar) to start accepting btc payments.

[Anonymous No.2103635]

>>2103622
why do you autistists keep asking the same dumb question about accepting bitcoin irl?
the point is you buy them low and sell high.
pure speculation. risky as shit sure but it's not the point

[Anonymous No.2103636]

it's still a zero-sum ponzi scheme

[Anonymous No.2103637]

>>2103625
Who told you!
>>2103624
Ill be the first to admit Im stupid for doing it. I'm not really storing them there, just riding whatever Altcoin has momentum.

[Anonymous No.2103638]

>>2103523
I didn't even know it existed back then so I don't feel too bad.

[Anonymous No.2103639]

How does one produce bitcoins? How do you "mine" them? I read a thousand articles and asked this question a million times amd NO ONE EVER could explain it to me. Not even /g/.

Either I am fucking dumb as shit or no one understands it.

[Anonymous No.2103640]

>>2103623
/biz/, lebbit, this thread

[Anonymous No.2103641]

>>2103639
You calculate maths with your computer.
Very hard nowadays.

[Anonymous No.2103642]

>>2103636
well duh

[Anonymous No.2103643]

I knew this day will come. The only board that can corrupt /pol/acks souls into greedy Jews is /biz/.

No nuclear war or paid trolls can un-red pill you, but the power of usury, speculation and chance to "go to the moon" can pull the best right-winger into the dark side.

[Anonymous No.2103644]

>>2103637
>stupid for doing it
>not storing them there
Which one is the case? If you have 5BTC they should be in an offline wallet which you have the private key for, don't trust any exchange definitely never trust coinbase.

[Anonymous No.2103645]

>>2103516
What are you talking about nigger? I can sell my coins and send the mony to my credit. It will all take up to 30 mins.

[Anonymous No.2103646]

>>2103609
Can i mine ether?
Or will I have to sink some cash in to see returns?

[Anonymous No.2103657]

Highly doubt anyone hasn't panic sold most their stash

[Anonymous No.2103660]

>>2103639
Keynesianism

[Anonymous No.2103667]

we /bizpol/ now

[Anonymous No.2103668]

>>2103639
Bitcoin has a set supply that slowly dwindles until there is no more being made, can't remember the exact amount.

Mining them is useless but the way it works is a bunch of computers are putting their processing power together to verify whether or not the transaction being sent is legitimately being sent from the owner of those coins, loads of transactions are all put into a block, that block is mined by miners and the transaction fees from each of those transactions is dispersed among those who mine the block. Wala decentralized currency.

[Anonymous No.2103669]

step up the crypto game, add me on skype: cryptoanna

[Anonymous No.2103670]

>>2103639
The scheme is
>have a bitcoin "farm"/mine
>it crunches processing power for people that pay for it
>you are compensated for slaving away a chunk of computer and electricity into some networked computation
>???
>profit

[Anonymous No.2103671]

>>2103643

you dont get it anon

this is our chance to take some monies back from the jews

literally chance of a lifetime to beat this kiked out system for once

[Anonymous No.2103673]

Really? I have 239 bitcoins I bought like years ago and forgot about them. Should I sell them now?

[Anonymous No.2103674]

>>2103498
OK, you got me.

I need a guide on how to buy BTC in Europe.

[Anonymous No.2103679]

>>2103673
fucking hell are you serious

[Anonymous No.2103684]

>>2103673
I would say no, but if you're fine with having ~300k from what was likely a much smaller investment go for it. I personally have faith bitcoin will rise much further than where it's at now. Past 2k by the end of the year.

[Anonymous No.2103690]

>>2103639
See >>2103600

[Anonymous No.2103698]

>>2103646

You still can but you'll need specialized hardware to do it effectively. ASCII miners run for 250-500 for some serious power. You should expect to get a few hundred coins per year with a decent rig, most likely far more. Then you just sit on them for a few years and boom. You're sitting on hundreds of thousands of dollars. People get freaked out by them because they dont think they'll hold any sort of permanent value but a single bitcoin is already worth more then an oz of gold. They got some serious clout.

[Anonymous No.2103699]

>>2103673
Buy the entire market of RDD and cash out 10x

[Anonymous No.2103702]

>>2103673
Sign a message with your private key or gtfo.

[Anonymous No.2103707]

>>2103690
20 minutes is unnecessary for explaining how BTC works lol.

[Anonymous No.2103709]

>>2103498
>I used to have 10 million bitcoins but i sold them to buy a butt plug
>boo hoo I hate my life
seriously shut the fuck up, no one cares

[Anonymous No.2103710]

>>2103698

And to clarify Im talking about Ether, mining bitcoin is already a waste of time expect for the massive pools that still do it.

[Anonymous No.2103714]

>tfw I've spent at least 5 BTC back when it was between 185 and 300

Could've been rolling in it if I just held

[Anonymous No.2103716]

>>2103673
Nigga that's like 500k. You can buy a house with that.

[Anonymous No.2103719]

>>2103698
>You're sitting on hundreds of thousands of dollars
Which you can cash in, surely

[Anonymous No.2103722]

>>2103709
>>2103714
>>2103503
I meant these fags

[Anonymous No.2103726]

>>2103533

t. nocoiner

[Anonymous No.2103742]

>>2103716
Which (((exchange))) will pay out half a million $ for buttcoins?

[Anonymous No.2103752]

>>2103673
>just realized btc price
>held 239 btc
Larp more

[Anonymous No.2103754]

>>2103716
I've heard Chinese investors use these in Canada to rent houses and such.. or in Craiglist at NA anyways.

What exchanges do you trust? Since mining is useless without farm.

[Anonymous No.2103760]

>>2103512
Same.

If only. If only I had fucking known in 2008 that I could secure a lifestyle comparable to Donald J. Trump with just the press of a few buttons.

But NOOOOOO I had to play fucking Runescape like a moron.

[Anonymous No.2103774]

>>2103760
you think that's bad? I played like 25k+ hours of DotA & DOTA 2 and suddenly a decade had passed and I was 25 without education nor job

[Anonymous No.2103781]

>>2103760

At least you arent the guy who mined thousands of them, forgot about them, and ended up throwing his harddrive out shortly before they hit 1500.

[Anonymous No.2103787]

>>2103774
While playing a shit game too

[Anonymous No.2103790]

ok i just opened a wallet (electrum), how does one know if this even works?

[Anonymous No.2103791]

>>2103774
Why not go pro at this point?

[Anonymous No.2103797]

>>2103781
Wow mate, you poor bastard

[Anonymous No.2103799]

>>2103790
buy some Eth and transfer into your new wallet. You can buy from Coinbase and other exchanges.

[Anonymous No.2103801]

>>2103791
I played it for fun ;_;

[Anonymous No.2103817]

>>2103596
Yeah you'd be able to, thing is the ICO is going to sell out within minutes if not seconds so you better be on the ball.

[Anonymous No.2103839]

>>2103790

you'll need one of these things (doesnt have to be this exact model)

http://www.ebay.ca/itm/Bitmain-antminer-S3-450Gh-s-Bitcoin-miner-mining-sha-256-/292110718115?hash=item440327d4a3:g:Jq4AAOSwmgJY73wh

and "Minergate" software, which is free to download.

[Anonymous No.2103845]

>>2103632
if it hits even 2 dollars it would make a lot or neets rich.

[Anonymous No.2103854]

so is it possible to cash BTC out for cash?

[Anonymous No.2103875]

>>2103854
Only small amounts obviously

[Anonymous No.2103884]

>>2103854

At coinbase you can exchange them for cash or any other cryptocurrency they keep in stock.

[Anonymous No.2103890]

>>2103875
well thst sucks. whats the point of amassing a bunch if you cant ever use them?

[Anonymous No.2103910]

>>2103839
i don't want to mine, i want to get paid in btc or something

[Anonymous No.2103927]

>>2103742
Most of the major ones, you just have to withdraw over a few weeks if its that much. For instance you could sell them all on GDAX for $ that would be in your GDAX account, you'd then be able to withdraw $10,000/day from the account to your bank account. The whole, "Its impossible to cash out of crypto" is meme is entirely false/

[Anonymous No.2103956]

>>2103927
Is there a biz approved wallet+exchange ranking out there?

[Anonymous No.2103984]

What service do you use as your coin wallet and where do you buy your coin /biz/?

[Anonymous No.2104305]

>>2103509
its good to consistently accumulate small gains, oppose to getting lucky on one coin.

[Anonymous No.2104318]

18 hours and not one confirmation on my latest transaction

Pull the plug on BTC

[Anonymous No.2104381]

>tfw no timemachine to get on the btc train early and get rich as fuck

[Anonymous No.2104557]

The crypto rich train is over. Combined market cap is at 60 billion USD. If by some miracle it reaches a trillion USD, that's only 16.66x gain. You have to invest at least $60,000 to become a millionaire. Fuck that. It's too much to risk in the crypto world.

[Anonymous No.2104601]

While we'll never see the explosion again, I think btc will rise to 5k+ within the next five years or it will crash. Once its adopted by a business like amazon it will fucking zoom to double its value

[Anonymous No.2104610]

>>2103547
this

[Anonymous No.2104628]

>>2103709

Go buy a buttplag for your butthurt, underage retard.

[Anonymous No.2105084]

Ok so during sikh road times how did peddlers cash out bitcoins?

[Anonymous No.2105107]

>>2103500

We all should look for early accounts that people forgot about to to get the monies sent to us.

[Anonymous No.2105141]

>>2103617
That's what t-rex society said

[Anonymous No.2105506]

https://en.wikipedia.org/wiki/Pyramid_scheme

[Anonymous No.2105671]

>>2103498
yeah bitcoins aren't at all liquidable you fucking retard

[Anonymous No.2105713]

>>2103516

>yfw I've completed multiple wire transfers

kill yourself

[Anonymous No.2105728]

My best friend had 450 bitcoins, he was so fucking euphoric about it back at the time and I used to laugh at him.
He died 4 years ago. RIP money, rip him.

[Anonymous No.2105892]

>>2105728
You should dig out his corpse and look for the wallet password in his grey matter.

[Anonymous No.2106494]

>waaaa I missed duh boat
couldn't you say this for anything that is big and just recently became big?
Amazon and Google used to be penny stocks.

There will be more such companies/coins in the future. You just have to constantly be on the lookout.

[Anonymous No.2107097]

>>2103503
I was mining back when they were $3, could make 2-3 BTC a day, but it was during the summer and made my apartment too hot so I almost never ran it.

[Anonymous No.2107173]

>>2103558
Same .03351
Practically reached Jupiter

[Anonymous No.2107256]

>>2103542

[Anonymous No.2107267]

>>2106494
I remember people talking about how they missed the crypto boat at $100 bitcoins.

[Anonymous No.2107339]

>>2104318
pay your fees jamal

[Anonymous No.2107355]

>>2107173
>>2103558
too bad that's how much the transaction fee would eat if you try to move it

[Anonymous No.2107369]

>>2107097
That's the most pathetic story I've ever heard

[Anonymous No.2107372]

>>2103543
>I don't understand how this hasn't happened yet.
I think I know why. A valueless digital currency has no use, and a currency that decreases in value is also not as useful, apparently. So it is a self fulfilling prophecy. People want a currency that goes up in value, and as long as they use it and are ok with what it is doing, it will keep going. Bitcoin can keep going forever, because people simply will keep adding zeros, like hyper-deflation!.

[Anonymous No.2107395]

>>2103639
It's a cryptographic hash. It uses the processing power of miners to confirm and record transactions.

Don't bother mining. It requires an extreme amount of both time and electricity (and by consequence, money invested). On top of that, it takes forever to mine a single bitcoin. It's more of an industrial thing, or unless you're a zergling using botnets to exploit innocent people's GPU to fraudulently mine bitcoin.

[Anonymous No.2107404]

>>2103817
is that the thing on the 31st? or can i buy now>?

[Anonymous No.2107405]

>>2103516
Maybe if I had thousands of coins whose cashout would upset the market and I tried to leave all at once.

[Anonymous No.2107408]

>>2103639
Read the book the Age of Cryptocurrency. Whole chapter devoted to it.

You can find it on bookzz

[Anonymous No.2107416]

>>2103719

Yes

Just pay taxes goy

[Anonymous No.2107419]

>>2104318
You forgot to grease the wheels, friend.

[Anonymous No.2107498]

Martin in streaming. Get in here bros. https://www.youtube.com/watch?v=Ff8v0vDLPvo

[Anonymous No.2107521]

>>2103639
1. Run mining program.
2. Bitcoin protocol is set so someone will solve and finds a block approximately every 10 minutes. Finding a block awards you the block reward, which is currently 12.5 BTC. Your chances of finding a block are directly related to the portion of total bitcoin hash-rate you control.
3. At this point, total bitcoin hash power is terrabajillion, so you aren't discovering a block on your own. You can join a mining pool and receive a portion of the pool's profits, but again, that's going to be almost nothing as your hardware sucks ass.

4. Don't mine.

[Anonymous No.2107566]

>>2103643
On the contrary, we're stealing their power. Bitcoin is free money generated outside of Jewish usury institutions.

[Anonymous No.2107582]

>>2103956
Coinbase
Kraken
Poloniex

[Anonymous No.2107586]

BTC passed $1900 on Coinbase. Next stop 2k

[Anonymous No.2107619]

>>2107586
Beep beep!

[Anonymous No.2107729]

>>2107355
You're a retard

[Anonymous No.2107819]

Post addresses nocoiners, I want to mail you rope.

[Anonymous No.2107825]

>>2103506
Fuck off eth shills

You cocksuckers shill your centralized piece of shit nonstop and frankly, the average /biz/ reader sees you and your scamcoin for what it is.

Sour grapes you think you missed Bitcoin so some centralized pre-mined ICO coin is your ticket to riches

Everyone needs to start saging eth threads and telling these cocksuckers to get out

[Anonymous No.2107941]

>>2107819
1NsUJxxKsvJVDMDPMSZrBi2WE67fT3cY9s

[Anonymous No.2108001]

>>2103760
Wait 10 years and you'll finally kill yourself.

[Anonymous No.2108009]

And no, im not an pre-2012 fag. I just traded my way up here with altcoins after 1,200.00 crash. Soo many people thought they missed the boat on 2013. Yet i invested in ETH in 2014 ico and made a fortune out of nothing because i sold recently.

[Anonymous No.2108014]

>>2107498
Martin is a nocoiner cuck that constantly misses the boat.

[Anonymous No.2108021]

>>2108009
>Element inspecting in 2017
>if real, too much of a retard to hold coins in Bitcoin Core
kys

[Anonymous No.2108037]

>>2108021
you jelly, nigger?

[Anonymous No.2108045]

>>2108009
>Keeping this much money on an exchange
>Poloniex
That looks like a lovely contribution to the honeypot mah goy.

[Anonymous No.2108064]

>>2108045

It's not like poloniex is going to collapse like mtgox or cryptsy. amerite? :^)

[Anonymous No.2108103]

>>2108064
Ofc not. They will never get hacked and will most definitely not fuck everyone over once the crypto regulation hits hard in the US and the going gets tough. I also keep a fair amount on there for trading but srsly consider taking most of that to hardware wallet/cold storage.

[Anonymous No.2108117]

>>2108103

Well they sucked me in with the lending program, thats a really good money trap, all my rationality goes off when i see those loans collecting interest.

[Anonymous No.2108121]

>>2103522
This seems like the worst one so far.

>had 30 bitcoins
>buys weed

[Anonymous No.2108127]

>>2108121
Isnt this worse?:

>had 1000 btc
>buys pizza

[Anonymous No.2108139]

>>2108127
I thought it was 10k

[Anonymous No.2108147]

>>2108139

oh shit, that's right.

[Anonymous No.2108205]

Haven't browsed /biz/ in awhile, but why have Bitcoins been skyrocketing again this past month? Same can apply to LTC and ETH, did something happen?

[Anonymous No.2108238]

>>2103595
kek

[Anonymous No.2108247]

>>2107097

JUST HEAT MY SHIT UP

[Anonymous No.2108283]

>>2108205
Bitcoin is going up because of ever increasing demand from people awaking to the inevitable economic collapse.
LTC just had segwit activated which drove the price up.
ETH is expecting some new announcements in the next couple of days

[Anonymous No.2108327]

>>2108283
when do you think the collapse will come, iv been waiting like 2 years Jesus Christ

[Anonymous No.2108358]

>>2108327
The federal reserve had a 4th quantitative easing not too long ago. The stock market, real estate are in a massive bubble that doesn't equate to the country's GDP.
If this continues - not very long dude. Better start preping now.

[Anonymous No.2108443]

>>2108127
>>2108139
>>2108147
damn

[Anonymous No.2108445]

>>2108358
alright senpai

[Anonymous No.2108466]

>>2103673
1tbsMoJJxMQxXg2jdjCpcoAvoqAE1DZd1
Proof?

[Anonymous No.2109019]

This thread is a reminder and a valuable lesson for rookies like me, always diversify your wallet and never panic sell.

[Anonymous No.2109046]

>>2109019
>never panic sell

I would have had like 20 btc of you faggots didnt make me have a panic attack with 20 threads when it dips

[Anonymous No.2109060]

>>2109046

Wasn't me, I am brand new. Complete no-coiner.

[Anonymous No.2109090]

>>2109060
No fuck you pay up

[Anonymous No.2109093]

>>2109090

Gonna have to catch me first, see you goy!!!

[Anonymous No.2109111]

>>2108327
Collapse is already occurring some places. Venezuelans are going all in on bitcoin to evade the government taking all their shit.

[Anonymous No.2109126]

>>2109046
>it's /biz/'s fault that I'm emotionally fickle

[Anonymous No.2109149]

>>2109111
yeah except Venezuelans are poor as shit. The whole of Venezuela could get in and it wouldn't make nearly as much noise as a couple of Japanese or chinese whales moving.

[Anonymous No.2109155]

>>2109111

[Anonymous No.2109166]

>>2109126
Pay debts fucker