[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 43 KB, 328x262, GOX.png [View same] [iqdb] [saucenao] [google]
9098144 No.9098144 [Reply] [Original]

https://twitter.com/CryptoZyzz/status/989404935774244864

>> No.9098168
File: 11 KB, 219x230, images (1).jpg [View same] [iqdb] [saucenao] [google]
9098168

haha time to kill myself!

>> No.9098170

>>9098144
Rip gains

>> No.9098195
File: 208 KB, 423x395, 1520986979048.jpg [View same] [iqdb] [saucenao] [google]
9098195

>____ WALLET ON THE MOVE

>> No.9098197

Is this their exchange wallet?
https://blockchain.info/address/14LuAvrRzAmeikgaafs7H5695xs5dVXqA5

>> No.9098204

when are they going to learn how to do OTC?

>> No.9098205

>>9098144
http://coindata.info/mtgox.php
No move

>> No.9098212

>>9098144
Fake news kys kike you shouldnt have sold at 6k retard SAGED

>> No.9098241
File: 78 KB, 256x256, 343333234.png [View same] [iqdb] [saucenao] [google]
9098241

THIS IS NOT A DRILL
https://www.cryptoground.com/mtgox-cold-wallet-monitor/

>> No.9098248

>>9098205
https://www.cryptoground.com/mtgox-cold-wallet-monitor/

>> No.9098257

>>9098144
Will we ever escape the shadow of the GOX?

>> No.9098258

It's actually real holy shit it's real, 8000 BTC WHY

>> No.9098270

>>9098144
Sweet. I have a small ballsack of cash ready for another purchase.

>> No.9098271

>>9098144
Guys what does this mean, why are they combining it?

>> No.9098282

>>9098248
check again
I think it won't register as moved on that site if it doesn't get fully confirmed yet?
anyhow just ctrl f the wallet that moved on crypto ground and check it

>> No.9098287

>>9098258
Not 8k it’s 2k from one of the tracked wallets plus 6k from other wallets... They have extra BTC we don’t know about?

>> No.9098297

>>9098287
What will they do with it? If they sell it that's like 70 million USD.

>> No.9098306

>>9098282
What are you talking about? The wallet is https://blockchain.info/address/1LXi3x7hyt17cxncscGE887WCrC6XDNZ4P
It hasn’t been touched in 3 years and today it was emptied

>> No.9098346
File: 152 KB, 440x448, b37.png [View same] [iqdb] [saucenao] [google]
9098346

This isn't FUD

>> No.9098354

Ok, so time to market dump? Are they planning on selling this btc? I thought they had another court meeting months from now

>> No.9098365

>>9098144
Just leave BTC to die. ETH is so much better. We can live without it.

>> No.9098379

Its just 2000 butcorns faggots chill

>> No.9098386

>>9098365
If this dumb chink market dumps 16k BTC you can bet your ass ETH will dump too

>> No.9098389

>>9098144
yes lets watch btc lose spot 1

>> No.9098395

>>9098379
There was 16k BTC moved to a market wallet, the website isn’t updating it
>>9098197

>> No.9098413
File: 209 KB, 400x416, 1513940481964.png [View same] [iqdb] [saucenao] [google]
9098413

>>9098144
NOOOOOOOOOOO DADDY GOX, NOT IN MY PORTFOLIAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.9098426
File: 43 KB, 542x602, 1393175802508.png [View same] [iqdb] [saucenao] [google]
9098426

Yeh that's what gets me going, selling those alts at a loss.

>> No.9098436

LOL this is top tier brainlet behavior.
>BTC moved up a tiny bit from the low I helped cause? BETTER MARKET DUMP AGAIN.

>> No.9098443

I am 75% in fiat.
I feel like a no-coiner, but this FUD really worked well the past 2 ou 3 times it happened.
Anyway we are still high from the recent pump, just wait for a confirmation of things to happen guys, don't fomo

>> No.9098448

>>9098258
I hope so, I love those 7k $ Bitcorns.

>> No.9098455

>>9098170
tether up then, dummy

>> No.9098460

SO JEDMCCALEB IS DUMPING HIS BITCORNS ON YOU FUCKS?

dont forget the scammer of stellar has 50k BTC to dump on you too ;) ;)

>> No.9098464

>>9098144
I thought they weren't allowed dump until September or something?

>> No.9098471

Lube up cause we're about to get fucked hard

>> No.9098477

>>9098464
LOL maybe them.

But WHO is restricting Jed not to dump on the open market ;) ;)

>> No.9098480
File: 1.34 MB, 1000x1000, 1519571860552 (1).png [View same] [iqdb] [saucenao] [google]
9098480

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.9098506

>>9098258
https://www.youtube.com/watch?v=214rZ1SWewg

>> No.9098512

We're going back to 7.5k anyway

>> No.9098537

Who's gonna score a short position before posting this shit to r/cryptocurrency and watch that shit unfold

>> No.9098566

He's not legally allowed to sell until September, did that change?

Did some whales pay him to move the funds to create FUD?

>> No.9098586

>>9098566
WHAT ABPUT MCCALEB? This fuck can dump his 50kbtc on you anytime and every time

>> No.9098590
File: 6 KB, 218x231, download.jpg [View same] [iqdb] [saucenao] [google]
9098590

>> No.9098593

Wasn't there supposed to be no more selling of Gox coins until fall after some court proceedings?

Market is going to overreact to the FUD and that will be the time to buy.

I'd tether now and buy back, but too afraid of timing it wrong the way these whales jump in with a huge 15 minute dildo.

>> No.9098597

My thoughts are maybe he is selling to drop the price so institutional money can't start buying at a lower price before we go much higher

>> No.9098607

The goxxing never ends

>> No.9098610

>>9098593
I'm thinking this, but what if the court proceedings happened and weren't reported? What if he was given the go ahead early? In any case corn is going down the shitter atm

>> No.9098620

can't believe people are selling because of this

>> No.9098621

it is only 2000 bitcoin. roughly 18 million.

>> No.9098623

>the eternal fud

>> No.9098624

>>9098586
What about Satoshi who can dump 1 million lol

>> No.9098626

>>9098593
yeah i'm too scared to sell because i know there's massive upside potential waiting and it could strike at any time.

>> No.9098631

>>9098593
Where does "no selling until September" info come from? There was no mention of it during Mark's reddit AMA

>> No.9098632

https://www.cryptoground.com/mtgox-cold-wallet-monitor/

>> No.9098637

>>9098621
2000x8

>> No.9098643

What if this is when singularity hits? FUDing is to get us to tether our link and then it goes up to 100$ instantly and fucks us all

>> No.9098644

>>9098621
Check again. It's 16k

>> No.9098645

>>9098621
It's actually grouped into 16k BTC right now.

>> No.9098646

can't wait until that old yakuzafag presses "market sell" with his 6k bitcoin again

>> No.9098648

>>9098624
Oh boi that right too....

Dont forget mccaleb amd karpeles where the two fraudsters...everyone is talking about karpeles but no one is talking about jed... we need to change that.

WHERE IS JEDS BTC?

>> No.9098654

>>9098620
I can. Because they believe someone else is going to and then they rebuy lower.

>> No.9098656

>>9098597
>before we go much higher

this fucking guy

>> No.9098660
File: 210 KB, 565x632, 1521563457506.png [View same] [iqdb] [saucenao] [google]
9098660

I tethered my eth this is making me shit my pants.

>> No.9098661

Alright biz this is it, we have to determine whether this fucking chink is going to market sell his 16k BTC. He's done it in the past and he can do it again. Why else would he move the BTC to his intermediary wallet? I think we should exit alts and tether up

>> No.9098667

>>9098144
whos buying his shit?

me me me me

>> No.9098668

>>9098144
The court has ordered them to sell off the books so who cares? Somebody bought 2k btc from them at a discount and everybody is none the wiser.

>> No.9098676

>>9098648
Jed doesn't have any from mtgox because he sold it you god damn monkey
although he does hold like 1/3rd of ripple or some crazy huge number

>> No.9098677

>>9098643
Dude besides /biz/ no one cares about link

>> No.9098689

I tethered up everything except for Link. Right after I tethered up EOS dropped... WAN dropped and TRON dropped all the coins I own.

LINK? Stayed unchanged at 46 cents.

This is to get us to sell all our link before singularity. This is how the establishment will fuck us linknmarines

HOLD THE LINE LINK MARINES

HOLD THE LINE STINKY LINKIES

>> No.9098693

>>9098610
To me it doesn't make sense to market sell this many BTC. He'll get a much lower average sell price than he would be either a) waiting for bull market or b) OTC or block trade.

I know he has done this before but that was when BTC was worth double what it is now, and the OTC demand today is much higher.

Either this is FUD or the guy is a total moron.

>> No.9098702

>>9098637
>>9098644
>>9098645
Oh boy, that escalated quickly

>> No.9098704

>>9098693
Maybe court mandate?

>> No.9098708

>>9098631
The selling is done by a third party official and they need the courts ok to do so. It was assumed it would take 6 or so months based on how liquidations have taken place in the past.

>> No.9098712

>>9098676
He holds 100000 billion stellar with no cap bitchassniqqa. Giving another 1000000 bazillion stellar for free to 3rd world.

And he is dumping on all of you fucks with his btc

>> No.9098714

>>9098693
He sold many below $7k

But he can't do it on his own the court has to give him the green light, and last we heard they weren't gonna do that till September at the earliest

>> No.9098715

>>9098668
This would make sense. Hopefully you are right.

>> No.9098719

>>9098714
Where is this September shit confirmed?

>> No.9098724

>>9098656
Yeah but what if this fish head is being told to sell early by the big banks and Enron or whatever collapsing the price before they get in to drive the price up after getting in cheap?

We all know may/June is a big couple months for an bunch of coins... and we know institutional money is waiting on the sidelines

>> No.9098727

>>9098693
>OTC demand today is higher
How do you know that? Imo it's equally as fucking retarded to market sell 20k BTC back then as it is now, the chink is clearly a massive tard

>> No.9098733

>>9098719
https://www.newsbtc.com/2018/03/11/bitcoin-price-will-likely-surge-as-mt-gox-sell-off-paused-until-september/

>> No.9098745

No need to tether too hard IMO. This is not a bad point.
>>9098668

>> No.9098752

>>9098733
Are their sources legit?

>> No.9098754

>>9098727
Well, I guess I don't KNOW. But there have been headlines recently about it.

“OTC market demand for bitcoin right now is unlike anything I’ve ever witnessed. Several ask for multi-billion dollar bids,” said Gardner.

https://www.ccn.com/large-retail-investors-see-an-opportunity-in-bitcoin-despite-price-decline/

>> No.9098761

two of those bitcoins are mine the cunts

>> No.9098764

We are about to dump below 8700...

>> No.9098771

>>9098752
In the article itself it says they might already have the go ahead. Nobody has a fucking clue.

>> No.9098775

>>9098144
>be me
>dont make the gox claim time on kraken
>lose 1281 BTC
>bogged

>> No.9098781

>>9098712
ur dull

>> No.9098787

>>9098733
>march 11
KYS

>> No.9098788

On binance tether order flow just saw a buy for 47 bitcoins and like 18 bitcoins

>> No.9098792

in fact, the September 18th court hearing is irrelevant because Kobayashi already has been authorized to sell-off — meaning he doesn’t have to wait to off-load more coins.

>> No.9098796

>>9098775
i would sudoku

>> No.9098798

>>9098761
herro, coin now berong to emperor, you no get coin, maybe we give a few yen for your trouble

>> No.9098811

Oh shit the fucker has moved the BCH too

>> No.9098812

>>9098792
But how much has he been authorized to sell off?? Jesus the misinformation here is terrifying

>> No.9098817

>>9098775
Cucked yourself man

>> No.9098823

>>9098811
Hes gonna market sell 160k BCH

>> No.9098829

>>9098823
There's 0 fucking liquidity there

>> No.9098865

>>9098829
There wont be any left after his dump kek

>> No.9098866

>>9098823
>Hes gonna market sell 160k BCH
hope this kills btrash

>> No.9098878

so what do we do? Tether up or go all in on chainlink?

>> No.9098899

>>9098386
of course, but that's the point. we need to let btc die so it stops being a festering wound cannibalizing crypto. the people invested in btc and by large and far not the best of society: conmen, junkies, retards, globalist kikes, chink mining consortiums, thirdworlders, boomers, normalfags... ethereum is far from virtuous either, but on the overall scale there's less "muh digital gold let's hoard it" shitters and more "this can change the world positively" types

>> No.9098945

>>9098144
honestly if he not selling it at once then i dont see problem

>> No.9098948

>>9098899
fuck yes I couldnt agree more - the biggest holders are the fucking worst elements in crypto

>> No.9098960

not sure how reliable

"*CRYPTO NEWS*

Mt. Gox trustee sent out of gox fund 16000 btc to different wallet. It already created FUD and people are selling.

Please take the following into consideration:

"Following consultation with cryptocurrency experts, I sold BTC and BCC, not by an ordinary sale through the BTC/BCC exchange, but in a manner that would avoid affecting the market price, while ensuring the security of the transaction to the [greatest] extent possible,"

Direct quote from Mt. Gox Trustee Kobayashi, that proves his sells will NOT affect the price of Bitcoin. "

>> No.9098964

>>9098899
you could've just said the whole world, faggot

>> No.9098978

>>9098960
140 million worth? I think there's no way that couldn't move the market. Even if he doesn;t market sell - the buyers will

>> No.9098995

>>9098960
No Source?

>> No.9098996

>>9098978
Why would an OTC buyer market sell? The whole point is to avoid the market, if they market sell they lose money. Generally OTC buyers are millionaires trying to hedge against regular investments like stocks, gold, fiat, etc.

>> No.9098998

>>9098978
OTC trade. Won't move the market immediately

>> No.9099015

>>9098978
but would be much smarter selling it in days rather then dump 16k bitcoin at once?

>> No.9099031

>>9099015
Where's the fun in that?

>> No.9099033

>>9098995
like i said, not sure how legit this is; been scanning twitter for anything related to GOX

FB . COM /groups/CryptoCommunityFoundation/permalink/178026226188443/

>> No.9099034

It's 4 am in burgertown so I'm going to sleep, somebody find out if this is a kraken wallet or not https://blockchain.info/address/1A4WkrgES6tfWCkx4rLbpKrweGeQkRXMy6

>> No.9099037

>>9098996
You can't hedge against gold retard. Gold IS the ultimate hedge because its real money

>> No.9099042

Why doesn't the fucker just dump BCH FFS

>> No.9099055
File: 2.05 MB, 480x271, 1524625959587.gif [View same] [iqdb] [saucenao] [google]
9099055

>>9099042
>He doesn't yet realize that Roger Ver is the puppetmaster behind this shit.

>> No.9099058
File: 43 KB, 670x377, DameDesuYo-Kobayashi-san-Chi-no-Maid-Dragon-PV01-1280x720-10bit-AAC-6D3121BC.mkv_snapshot_00.31_2017.01.04_01.28.26_(1).jpg [View same] [iqdb] [saucenao] [google]
9099058

>>9098823
I love you, Kobayashi-san.

>> No.9099061

>>9099037
>Gold IS the ultimate hedge because its real money
What is fiat?
You can hedge against gold by:
>Shorting gold futures
>Holding cash

>> No.9099068

>>9099033
Yeah there are some analysts that claimed that the mtgox dumps didn't affect the market much.
Does it matter though if whales want to plunge the market to shake out weak hands (yet again), this would be the perfect opportunity.

>> No.9099075

This is so dank love this happening

>> No.9099079
File: 8 KB, 224x225, 1524302857153.jpg [View same] [iqdb] [saucenao] [google]
9099079

>>9098144
NOOOOOOO!!!!

>> No.9099085

>>9099037
>muh bitcorn isn't backed by anything
>muh gold is real yellow stuff for jewelry n sheit

>> No.9099092

>>9099031
i don't think they doing it for fun
there is no reason to be nervous about it

>> No.9099094

>>9099061
What do you mean what is fiat? Fiat is a govt scam. Basically the biggest reason you are in crypto is because the dollar is dying because it isn't backed by gold (whether you realiZe it or not)

The guy above said maybe some billionaire is buying crypto OTC to hedge against fiat, stocks, and gold.

Fiat and stocks? Sure you can hedge in crypto against those...

But gold is REAL money. You can't hedge against real money. Real money is the hedge. If the dollar dies tomorrow.... gold is completely unaffected.

>> No.9099103

>>9098996
>if they market sell they lose money

You think they buy at market price, off market? Lol.

>> No.9099107

>>9099085
This.

Goldcucks are unironically retarded.

>> No.9099112
File: 64 KB, 500x750, 1524601759509.jpg [View same] [iqdb] [saucenao] [google]
9099112

>>9098144
Fuckin' tethered senpai

>> No.9099115

should i tether or just wait it out?

most of my shit is in altcoins too (ouchie)

>> No.9099118
File: 111 KB, 1024x766, 1510284654376.jpg [View same] [iqdb] [saucenao] [google]
9099118

>>9099094
The dollar is backed by the most powerful country to ever exist in human history, economically and militarily. That is enough to make the dollar powerful.

>> No.9099120

>>9099085
What do you think gave the dollar its value? Gold did you moron.

Why do you think the economy is a shitshow with the world swimming in debt? Because gold doesn't back the currency anymore.

You crypto people are fucking retarded. You literally market crypto as the new gold while at the same time being anti real ACTUAL gold. It fucking defies logic

>> No.9099132
File: 459 KB, 1331x896, 143345910906.png [View same] [iqdb] [saucenao] [google]
9099132

>>9099118
it doesnt work like that brainlet

>>9099120
This anon is semi right.
Crypto is the new gold though.

FUCK THE FEDERAL RESERVE

>> No.9099140

>>9099107
Unironically you are fleeing dollars and jumping into crypto because the dollar is failing BECAUSE it isn't backed by gold.

You idiots don't think gold is going to play a role in crypto?

China and Russia have been accumulating gold in record tonnage for a decade now... and they are both pro crypto too. You morons don't understand that bitcoin or crypto is just a currency it isn't REAL money.

>> No.9099141

>>9099118
you most have a blissful life lol.

Something something emperor who wears no clothes.

>> No.9099148
File: 80 KB, 1129x759, 34778165-1519393115258366_origin.png [View same] [iqdb] [saucenao] [google]
9099148

>>9099094
>you can't hedge against real money

>>9099120
Listen faggot I didn't say that gold isn't money. Clearly it is. But it isn't a 100% consistent indicator of value. Pic related. If I think bitcorn has a chance of mooning while gold doesn't move, I might put some fiat into bitcorn to hedge.

>> No.9099149

>>9099132
t. onions boy.

>> No.9099154

>>9099118
You unironically just gave the most pro gold argument in this thread. Muh military backs muh dollars

>> No.9099161

Stop talking about this goldbug vs (((fiat))) shit... Kobayashi is about to fuck us over yet again! So tempted to tether right now.

>> No.9099172

>>9099132
Crypto is not the new gold. It's the new currency. But the currency HAS to be backed by real money. Which is why the dollar is failing.

You need backing and recourse. Gold represents a unit of labor. Bitcoin is just a bunch of electrons running around on a circuit board inside a computer... it doesn't represent shit.

>> No.9099173

>>9099149
>you're a s o y b o i because you don't want to be enslaved by jews
ok kid

>> No.9099178
File: 21 KB, 260x247, 1493291979041.jpg [View same] [iqdb] [saucenao] [google]
9099178

>>9099172
>Gold represents a unit of labor. Bitcoin is just a bunch of electrons running around on a circuit board inside a computer
HAHAHAHAHAHAHA
a unit of labour AHAHAHAHAHA

You still don't know value is subjective

>> No.9099202

>>9099161
I did

>> No.9099203

>>9099148
Are you delusional? Gold isn't a consistent indicator of value??? You can go read the Bible and there's a passage saying that 2,500 fucking years ago a gold ounce bought you 350 loaves of bread. If you take a gold coin to a coin shop right now you'll get $1,350 for it

And if you take that 1350$ to the grocery store you can still buy roughly 350 loaves of bread with bread being around 4 bucks.

100 years ago a good weekly salary was 20$ which equaled an ounce of gold. That 20$ You earned 100 years ago barely buys you a beer and a cheeseburger today. But that gold ounce now equals 1350 which lo and behold is still angoodnweekly salary.

You don't know what you are talking about. Gold is the ultimate consistent indicator of value.

>> No.9099209
File: 24 KB, 512x512, cYL0mp4K.jpg [View same] [iqdb] [saucenao] [google]
9099209

>>9099140
>Unironically you are fleeing dollars and jumping into crypto because the dollar is failing BECAUSE it isn't backed by gold.
No you retard shilling the gold in the other thread few days ago. I am buying crypto because it will make me rich. You are so stupid it hurts my brain just reading the pile of horseshit you spout.
>China and Russia
>using totalitarian countries where half of the population is starving to prove your point
Fuck off you fucking goldkike.

>> No.9099216

>>9099172
>Gold represents a unit of labor
not it doesn't

>Bitcoin is just a bunch of electrons running around on a circuit board inside a computer
no it isn't

>> No.9099227

>>9099216
He's mentally ill. In the other thread he had over 50 posts dedicated to shilling gold.

>> No.9099229

>>9099085
>>9099107
Not a gold cuck, but have to say you guys are retarded, the shit you are using to shit post right now has gold in it to make it work, the absolute state of some of you brainlet fucks

>> No.9099236

Funny how the FUD has been ramping up these past few days

MyEtherWallet hack
ERC-20 exploit
PnD group exposed
MtGox coins moving

It was all fine and dandy for weeks, pumping like crazy without a correction, Soros is entering the market guys, institutional money on the sidelines ready to inject trillions of dollars guys, and then suddenly dump and maximum FUD

Who knows what they have in store next? I don't think they would go through all that trouble just to dump it by $1000

>> No.9099243
File: 159 KB, 962x625, 13767997040781.jpg [View same] [iqdb] [saucenao] [google]
9099243

>>9099227
I feel bad because he's right about central banks but wrong about gold.

Like peter schiff.

>> No.9099248

>>9099229
>he thinks industrial use justifies even 10% of current gold's price
Holy shit faggot, you're so stupid that I must advise you to not pass on your defective genes.

>> No.9099249

>>9099236
This

And you forgot to mention MIT statement of HOW TO KILL BITCOIN
Looks like people forgot about harvard asshole few months ago, which was followed by Kobayashi disclosure

>> No.9099253

>>9099249
>And you forgot to mention MIT statement of HOW TO KILL BITCOIN
>Looks like people forgot about harvard asshole few months ago
what were these two things?

>> No.9099259
File: 26 KB, 645x729, 268zj7.jpg [View same] [iqdb] [saucenao] [google]
9099259

You fucking retards.

The reason it dumped right before $10k (besides the fact that it was overbought) is because the Gox trustee arranged an OTC deal on April 26th.

Since he doesn't gain shit from selling the coins...the people buying it from him dumped the price down so they could get the bulk coins cheap.

We bullish btw.

>> No.9099266

>>9099259
Big if true

>> No.9099289

>>9099253
1) http://fortune.com/2018/03/06/bitcoin-price-10-years-harvard-kenneth-rogoff/
2) https://www.bloomberg.com/news/articles/2018-03-07/bitcoin-s-tokyo-whale-sold-400-million-and-he-s-not-done-yet

Now check the dates
>06 march
>07 march

Yesterday we had MIT statement of how to kill bitcoin, next day we have Kobayashi again

EXACT SAME FUD IN TWO DAYS
They are trying to push the price to 6k again
If it will go to 6k, it will be last time since overall sentiment is very bullish + tax season is over, rich asses from 2017 continue bring their crazy money back to the market as we saw for last 2 weeks

Even if it crash you know what to do. Don't be fooled by same trick TWICE IN 50 DAYS

>> No.9099292
File: 63 KB, 600x600, 1512876504418.jpg [View same] [iqdb] [saucenao] [google]
9099292

>>9099243
Right. But taxes are much worse than inflation. Inflation in the US is on average 1.99%/year. Meanwhile taxes literally steal half of your purchasing power (in some more cucked countries it's much much more), accounting for VAT and income/capital gains tax.

Inflation (transparent, not the one we have now) would be a viable alternative to taxes in a minarchist society.

>> No.9099301

>>9099292
deflation is an extremely good thing overall in an economy as everything gets cheaper for you and the economy will shift to a service sector economy

The economy will boom much faster and bigger with a deflationary economy where the price of capital is cheap.

>> No.9099329

>>9099301
You don't understand. Even in a minarchist society, someone needs to pay for certain things. Aside from voluntary taxes, only inflation can pay for them. You think ETH is bad because it has infinite inflation? There needs to be an incentive for someone to secure the network. You can substitute inflation with something else, but you'll pay the price regardless.

>> No.9099343
File: 139 KB, 1656x995, letsdoit.png [View same] [iqdb] [saucenao] [google]
9099343

>>9099266
bigly

>> No.9099345

>>9099329
>only inflation can pay for them
this isnt true whatsoever
you can pay for things while deflation is occurring no problem
in fact the entire gilded age industrial revolution in america happened under deflation

>> No.9099346

>>9099203
>You don't know what you are talking about. Gold is the ultimate consistent indicator of value.
Yes it is, but so far. It it valued as a safe hedge against Fiat money right now, nobody really cares that it's flashy, real and can be used in electronics or whatever.
BTC will be a better option to store value once it reaches the same market cap.
There's not one other asset that is harder to confiscate.

>> No.9099351

>>9099301
But you'll be poor if you don't own gold after the deflationary collapse.

Gold will have to be revalued much higher to purge all the debt from
The system.

>> No.9099371

>>9099351
>But you'll be poor if you don't own gold after the deflationary collapse.
I thought it was an inflationary collapse from all of the money the government has printed

a deflationary collapse would result in the price of gold falling to very low levels

>> No.9099378

>>9098248
No date

>> No.9099379

>>9099345
Then tell me how do you pay for government,
including things which market might not be able to replace for the time being, such as army?

>> No.9099382

>>9099346
How? You can't value goods in bitcoin.

The primary function of money is to MEASURE value. And like you said... nothing measures value better than gold.

Will bitcoin function as sort of a store of value? Possibly. But it certainly won't be measuring value. And def won't replace gold as the ultimate store of value and measure of value.

>> No.9099392
File: 26 KB, 200x226, 1511952358486.png [View same] [iqdb] [saucenao] [google]
9099392

>>9099382
>You can't value goods in bitcoin.
You need help.

>> No.9099407

why the fuck are you talking about gold when we have to fight the fud boys?

>> No.9099408

>>9099371
If the American people ever allow private banks to control the issue of their currency, first by INFLATION, then by DEFLATION, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson


Remember the story of the hotel bellcap in Weimar Germany? Who has 25 gold coins saved up from working and then bought a city block after Weimar Republic hyperinflation and subsequent deflationary collapse

>> No.9099420

>>9099392
You can't bitcoins rely on the dollar price. You want to back crypto with gold I'm all on board with that.

And unironically that's exactly what china russia and the rest of the non Jews in the east will do

>> No.9099424

Mt Gox please dump. Im all fiat.

>> No.9099439

Gox doing their best to fuck us again. 2014 all over again in every respect.

>> No.9099451

>>9099343
How did you come up with this theory of whales dumping btc to buy cheaper otc? That would be great if true

>> No.9099461

>>9099420
>russia and the rest of the non Jews in the east will do
no they wouldn't
they need strong dollar because they sell oil for usd and heavily invest in us bonds

>> No.9099463

>>9099420
>You can't bitcoins rely on the dollar price.
>but gold doesn't, just trust me guise and buy gold
It's literally the other way around you fucking retard. I won't even tell you why, because you're so retarded you wouldn't comprehend it. You're an economic flat earther.

>> No.9099467

ive been telling you brainlets to stop pumping the price until at least september. but looks like the chink is selling all the way to september so gg bitcoin

>> No.9099469
File: 13 KB, 82x97, title385496101.png [View same] [iqdb] [saucenao] [google]
9099469

>>9099407
you better buy those 16k than try to fight the fud

>> No.9099470

>>9098727
It's not retarded, you open a short on bittrex then you marketsell
Easy money + easy btc
Also I saw some articles about him not being the cause, apparently he did sell OTC and then the buyers dumped
Idk

>> No.9099477

>>9098775
The what?

>> No.9099484

>>9099420
>You can't bitcoins rely on the dollar price
Until they don't. To have value you need scarcity and use. To act as cash you need on top of that ease of transfer and fungibility. When bitcoin is more used than the dollar things will be priced in bitcoins and people won't give a fuck about the dollar, if I can buy and sell everything I want with bitcoins I don't need your fucking dollars.

>> No.9099494
File: 8 KB, 676x200, 54674121.png [View same] [iqdb] [saucenao] [google]
9099494

BCASH BTFO

>> No.9099514

>>9099494
The BCH has already been sold, the BTC will be sold in the next hours.

>> No.9099518

>>9098960
That quote is from March
https://www.coindesk.com/mt-gox-trustee-denies-400-million-sale-caused-bitcoin-price-slump/
As I said here >>9099470
He probably sold OTC and then the buyers dumped
So, whatever he does it will dump the price again

>> No.9099531

>>9099379
>Then tell me how do you pay for government,
Taxes?
Taxes which get lower every year because prices get lower?
It's simple as fuck.

>>9099408
answer my points about inflation vs deflation
you completely ignored them

>> No.9099568
File: 351 KB, 1200x1200, 1518030321119.png [View same] [iqdb] [saucenao] [google]
9099568

>>9099531
Nice try, you fucking commie. Taxes are theft. Hope you like free helicopter rides.

>> No.9099575
File: 1.00 MB, 350x191, ohboy.gif [View same] [iqdb] [saucenao] [google]
9099575

>>mfw

>> No.9099581

>>9098144
WHY THE FUCK CAN'T THEY JUST RETURN THE COINS TO THE PEOPLE WHO OWNED THEM.

FUCK THIS PIECE OF FUCKING SHIT FUCK FAT FACED FRENCH FUCKING TOASTIE MARK HE SHOULD STICK HIS MAGIC THE GATHERING CARDS UP HIS FUCKING FAT ASSHOLE

>> No.9099594
File: 21 KB, 427x240, 00015980412.jpg [View same] [iqdb] [saucenao] [google]
9099594

>>9099568
im totally fine with ancap
I just thing minarchism is more reasonable and viable.

>> No.9099612

this is fud.
whales trying to get the shorts up so they can pump this thing to 11k

>> No.9099638

>>9099461
You must live in a cocoon.

China and Russia are setting up bi-later trade agreements to get out from under the dollar's dominance. Chinks will unleash a petroyuan backed by gold.

Wtf you think the world being on the brink of WW3 is about and America
Having 800 bases worldwide???

Because they don't want to use the fucking dollar anymore. What do you think Syria is about and the oil pipeline.

It all has to do with them not wanting to use the dollar to trade for oil. What do you think all the income inequality is about? Because the dollar isn't backed by gold. And the Jews confiscate all our wealth through inflation.

You people are so fucking stupid. Your anti Jew yet your anti gold. The one fucking thing that would take away the Jews power. Which is why china and Russia have been stacking gold like crazy for a decade now

>> No.9099647

>>9099594
Minarchism is a necessary step towards ancapistan. Taxes are theft regardless and most of all, a slippery slope leading back to our current system.

>> No.9099655

>>9099638
jews own the gold too derp

>> No.9099665

eh guys, relax:

Following consultation with cryptocurrency experts, I sold BTC and BCC, not by an ordinary sale through the BTC/BCC exchange, but in a manner that would avoid affecting the market price, while ensuring the security of the transaction to the [greatest] extent possible,"

Direct quote from Mt. Gox Trustee Kobayashi, that proves his sells will NOT affect the price of Bitcoin.

>> No.9099668

>>9099484
There's no Scaricity in bitcoin. It's fucking invisible. There are thousands of shitcoins and bitcoin isnlosig market share.

If you had a million bucks and you were forced to take a time machine into the future 100 years. But you could only take that million dollars in gold or bitcoin 100 years into the future. What would you take?

You'd take the million bucks worth of gold without even thinking about it

>> No.9099676

>>9099612
I'm also looking at 11k, but unless you're telepath or a whale to me it makes more sense to hedge,

>> No.9099678

>>9099655
Yeah no kidding because they aren't stupid. Jews own the gold while giving you debt reserve fiat notes brainwashing the idiots into saying "but I can't eat muh gold"

>> No.9099682

>>9099668
if the bitcoin i took was still convertable 100 years from now id take bitcoins

>> No.9099692

>>9099668
>There's no Scaricity in gold. It's fucking invisible. There are thousands of shitmetals and gold isnlosig market share.

>> No.9099694

>>9099678
so the gold standard is the jew standard now. its a total monopoly. old systems are totally defunct.

>> No.9099702

>>9099694
This. By buying gold you're literally making jews richer.

>> No.9099731

>>9099343
this turned out well

>> No.9099736

>>9099702
Are you retarded? Gold is savings.

How dumb are you people? Gold has been money for milennia. It says in the fucking constitution only gold and silver shall be legal tender.

Are you smarter than our founders you public school educated commie piece of shit?

GOLD IS SAVINGS.

You morons don't even realize the economy is fucked because the currency isn't backed by gold.

Why the fuck you think we are 21 trillion in debt? Because they print fake money out of thin air because there is no gold standard

>> No.9099742

>>9099702
By buying btc you're literally making NEETs richer

>> No.9099748
File: 366 KB, 583x608, 1514056952534.png [View same] [iqdb] [saucenao] [google]
9099748

I have had it with gox
>take my bitcoins
>dump them back on me
this shit has to end
something fucking do something aaaaaah

>> No.9099750

>>9099638
>You must live in a cocoon.
no, i live in russia and know how shit works here

>> No.9099757

>>9099612
yes, that bitcoin was already sold over the counter and won't get dumped on exchanges

don't fall for every weak fud

>> No.9099775

>>9099736
any mint can print money and debase the currency. thats the whole point of central banking. the gold standard doesnt prevent it, theyve been doing since imperial rome.
the argument is about control. who owns the currency and can limit its supply? gold is a monopoly

>> No.9099779

>>9099037

Oh fuck off you unmitigated moron. Gold is just shiny metal. I hold gold, I love gold, I'm fuck ecstatic thst using DGX means we're nearly able to actually use Gold backed money again! But it's not some magical value store - it's just the original neolithic shotcoin that we all arbitrarily agree has value. Faggots like you give gold holders like me a bad name.

>> No.9099824

>>9099647
>Taxes are theft regardless
meh
im not much of a moralfag on taxes
its not that big of a deal, just as long as they are really low

>> No.9099830

>>9099638

We're not fucking anti-Gold you stupid, stupid fuck! Not viewing it as the solution to ALL the worlds problems is NOT the same as being anti it. Most crypto traders etc including me hold some fucking Gold too!

You Gold shills are fucking terrible, you're SO worried that crypto is going to steal your thunder - even though there's multiple projects to create Gold-backed tokens, so crypto (eg Ethereum tokens and projects using DGX) killing fiat IS a victory for Gold, and will drive it to the fucking moon! You fucking dumbasses have just been insanely cucked by your boomer goldbug Youtube fud. Kys already.

>> No.9099844

>>9099830
Your nutz.

Just look at this thread plenty of pro crypto anti gold people in here.

>> No.9099861

>>9099779
"Gold is money - everything else is credit" -JP Morgan (testimony to congress 1912)

"In the absence of a gold standard there is NO WAY to protect SAVINGS from confiscation through inflation - there is no safe store of value." - Alan Greenspan (1966)

>> No.9099875

>>9099775
Then why did they take us off a gold standard? And how's that working out for us now? With the world swimming in debt.

>> No.9099883

>>9099861
paradigm has changed since 1912. also
>believing (((greenspan)))
all americas gold was confiscated in the 30s. its supposed to be in fort knox or something but no one ever checked looool.

>> No.9099886

>>9098144
Omfg shut up about gold

>> No.9099887

>>9099875
they took us of becuase it didnt matter anymore if bankers already own all the gold

>> No.9099903

>>9099824

Nah - see with smart contracts to allow large scale project coordination (an old anarcho problem finally fucking solved!) we'd still have fees for covering costs - but the difference is there's no coercian involved. I agree though, baby steps - eat the elephant 1 bite at a time. Let's just get all this shit working, and just casually as fuck start replacing gov departments/functions with DAOs one by one before too many beauracrats notice what's happening.

>> No.9099917

>>9099887
Because they made citizens turn it in! Why would they make them turn it in and brainwash the masses into being anti gold like most are?

So they can have you earn money in fiat notes and then steal your wealth through inflation.

>> No.9099930

>>9099903
>he unironically thinks we're going to see legit ancap societies in our lifetime
holy shit you people are the worst

this is why I hate most libertarians now, you're fucking STUPID and have ZERO strategy

minarchism is much more realistic and appealing to normies

>> No.9099937

>>9099844

You really are a fucking shill aren't you? You don't belong here newfag, you don't get it at all. Lurk moar faggot.

>>9099861

IDGAF - explain the concept of "value" as an objective, quantitatively measurable attribute and why specifically Gold possesses more of it than anything else?

>> No.9099957

>>9099930

Fuck normies. In 10 years when automation has claimed 50% of the jobs, watch how fast they'll accept new answers.

>> No.9099989

>>9099957
>Fuck normies.
so basically you're saying fuck ancapistan because you DON'T want to achieve it EVER because you're a brainlet with no strategy

>> No.9100001

>>9099957
>watch how fast they'll accept new answers.
yeah and they are going to accept communism and fascism because libertarians are fucking pussies that are too lazy to push their own movement

>> No.9100227

>>9099668
I'd take the one million dollars in bitcoin cash, the one that will likely become the main cryptocurrency, and that will be scarce by virtue of being that. Who cares about the shitcoins if no one's using them, who cares about pebbles if no one's using them, gold isn't scarce because there are fucking pebbles?

>> No.9100284

>>9099736
>argue for minarchism/ancapistan
>get called commie in the very same thread
Seek help, you're mentally ill.
>>9099742
I am getting richer.
>>9099824
>theft is okay as long as it's small
>>9099930
You're the retarded one who's strawmaning ancaps. No one is arguing for an instant shift to ancapistan, faggot. Minarchism is the bridge that needs to be crossed.

>> No.9100473

>>9100284
>>theft is okay as long as it's small
Why do you think everyone has the same moral system as you?

>Minarchism is the bridge that needs to be crossed.
Then advocate for that first, brainlet.

>> No.9100519

>>9098144
Its going down, I'm yelling timber.

>> No.9100546

>>9098624
Satoshi ded tho

>> No.9100576

>>9100519
You better move, you better dance.

>> No.9101048

>>9098144

them gay ass niggas will get shaken out like the rest of u fucking plebs.

It's only a matter of time, it has already begun

>> No.9101140
File: 164 KB, 683x1168, 1524554141010.png [View same] [iqdb] [saucenao] [google]
9101140

>>9098144
CONTINUE LE DOMP

>> No.9101305
File: 15 KB, 64x100, bear dancing.gif [View same] [iqdb] [saucenao] [google]
9101305

>>9100576

https://www.tradingview.com/chart/BTCUSD/RwXjfet9-Manipulation-and-big-bear-reversal/

>> No.9101473

>>9099568
>Calls himself an ancap
>Believes in murdering political opponents
The absolute state of people who don't understand the theories they claim to subscribe to.

>> No.9101543
File: 308 KB, 579x564, 1504964038672.png [View same] [iqdb] [saucenao] [google]
9101543

>>9098644

>> No.9101567

To stay on topic, this could be conducted through OTC sales, but whoever buys the MtGox BTCs could market sell. The buyer could also leverage shorts and make more money on a definite bet.

>> No.9102314

>>9098823
Hahaha! Do it Kobayashi! I wanna see the salty tears of btrashers.

>> No.9102432

>>9099451
People using insider information to manipulate the market and profit from nonpublic knowledge. Shocking.

>> No.9102620

I'm not worried. Baptism by fire, newfags. Once these kinds of things are exhausted, the powder is dry and ready to blow. Strap yourselves in, boys. It's bitcoin! Time!

>> No.9102700

>>9098643
Shut the fuck up about your autistic meme coin. The adults are talking.

>> No.9102740
File: 128 KB, 830x553, salt2.jpg [View same] [iqdb] [saucenao] [google]
9102740

Convert your BTC into BCH now before it's too late.

>> No.9102846

>>9102740
>the absolute state of deluded cashies
>too stupid to read about the 160k BCH in wallets

>> No.9102875
File: 71 KB, 1000x581, biz.jpg [View same] [iqdb] [saucenao] [google]
9102875

https://cointelegraph.com/news/effects-of-mt-gox-trustees-400-mln-sale-on-bitcoin-market

the 16k BTC were moved into an address that seems to have been sold from previously. so yeah, this is not a drill. question is whether or not it will be "small" sells every now and then or a huge dump.

>> No.9102889
File: 1.71 MB, 500x500, george57.gif [View same] [iqdb] [saucenao] [google]
9102889

>>9102846
im just pranking you mate, i know the same issue applies to bitcoin cash

difference is BCH have better means to recover after the sell but that's a different story

>> No.9102929
File: 77 KB, 648x595, 1508277378908.jpg [View same] [iqdb] [saucenao] [google]
9102929

>>9099668
>There's no Scaricity in bitcoin. It's fucking invisible.

>> No.9102954

>>9098144

seriously fuck this guy

and fuck Bitcoin, fuck crypto, fuck 2017 gains

a bunch of cunts sitting on thousands of coins hoping beyond hope that thousands of people are so stupid they will drop $1000 on 0.1 btc so they can get mega, fortune 500 levels of rich

fucking parasites

DISTRIBUTE THE MOTHERFUCKING COINS

tldr sell everything now

>> No.9102977

>If the dollar dies tomorrow.... gold is completely unaffected.

you are a complete retard

>> No.9102991

So fuck this. I actually wanted to buy this dip.

>> No.9103017

>>9099236

i don't think people understand... no bull run is possible until surplus cons are distributed

the lower the market goes the wider the distribution the more sustainable the rise

the fact that 50% of the come are held by %1 of the addresses is a gigantic problem

>> No.9103020

>>9099514
sadly this is a lie

>> No.9103038

>>9099638

>. Which is why china and Russia have been stacking gold like crazy for a decade now

morons. markets 3x in that time while gold metal shit coins flat as fuck

>> No.9103117

16 wallets moved ~32000 btc, when to short guys?!