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bitcoins not gonna crash until the us government steps on it
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Nov 29, 2017 16:54
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You mean Chinese and Venezuelan governments? We have a ton of people from Venezuela at work who use bitcoin to illegally send money back to their family.
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Nov 29, 2017 16:59
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hasn't china already cracked down on their exchanges?
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Nov 29, 2017 17:02
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A MIRACLE posted:hasn't china already cracked down on their exchanges?
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Nov 29, 2017 17:12
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So how do I pay hookers in bitcoins?
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Nov 29, 2017 17:22
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I'm getting tempted by this, and I know its a stupid stupid investment  Probably the most prudent thing to do is wait for the bubble to burst and buy like 100 bucks worth of bitcoins when it hits rock bottom (and put it on a thumb drive or something like that). If somehow internet nerds still feel the buttcoin urge I can then cash out for a hefty chunk of change in a year or so; If not well hey I'm only out 100 bucks in the end.
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Nov 29, 2017 17:27
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a ton of stocks that have benefited from the crypto boom are dumping today, i would be really cautious about buying cryptos right now
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Nov 29, 2017 17:34
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Feldegast42 posted:Probably the most prudent thing to do is wait for the bubble to burst and buy like 100 bucks worth of bitcoins when it hits rock bottom (and put it on a thumb drive or something like that). If somehow internet nerds still feel the buttcoin urge I can then cash out for a hefty chunk of change in a year or so; If not well hey I'm only out 100 bucks in the end. What's wild is how bitcoin can make unsophisticated people somehow nonetheless feel sophisticated about the mechanics of finance to the point where they'll tell you in the dumbest possible terms how unsophisticated their understanding and reasoning is.
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Nov 29, 2017 17:38
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EAT FASTER!!!!!! posted:What's wild is how bitcoin can make unsophisticated people somehow nonetheless feel sophisticated about the mechanics of finance to the point where they'll tell you in the dumbest possible terms how unsophisticated their understanding and reasoning is. Agreed. But then again, here I am with no bitcoin while I know a couple people IRL laughing all the way to the bank. So what the gently caress do I know. [posts in on this forum]
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Nov 29, 2017 17:41
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Uranium 235 posted:yeah they announced an exchange ban in september. no one knows if it's permanent or if they'll lift the ban once they have a regulatory framework established Paying with mobile/digitally is the popular thing to do in China so I always assumed the ban was largely because the gov’t wanted to track where money was going.
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Nov 29, 2017 17:45
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nasdaq will launch bitcoin futures in 2018 https://www.cnbc.com/2017/11/29/nasdaq-to-launch-bitcoin-futures-in-the-second-half-of-the-year-officials-say.html
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Nov 29, 2017 18:36
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This just got so much better
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Nov 29, 2017 18:38
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coinbase is apparently in meltdown according to the /r/bitcoin ZOMG 10,000 thread. how's getting actualmoneys out today? reports, anyone?
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Nov 29, 2017 18:38
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divabot posted:coinbase is apparently in meltdown according to the /r/bitcoin ZOMG 10,000 thread. the same thing happened at the bottoms of the crashes to 1750 and 3000 earlier this year i heard that fidelity and rbc also had problems today around the same time, interestingly
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Nov 29, 2017 18:39
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Uranium 235 posted:it was down for about 20-30 minutes earlier but it's running fine at the moment how's it on the ground for you? do you do your fast trading to actualmoneys which you then withdraw, or to other cryptos?
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Nov 29, 2017 18:39
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divabot posted:how's it on the ground for you? do you do your fast trading to actualmoneys which you then withdraw, or to other cryptos? there was actually not much volatility when the exchange came back, i think btc, eth, and ltc went up about 1% but that was it. there had been a big dump before that, but the exchange didn't stop working until the consolidation phase when the volatility had already died down, so i don't think it caused too much trouble for traders Uranium 235 fucked around with this message at 18:45 on Nov 29, 2017 |
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Nov 29, 2017 18:42
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Professor of Cats posted:Agreed. But then again, here I am with no bitcoin while I know a couple people IRL laughing all the way to the bank. So what the gently caress do I know. Laughing all the way to the bank every day for weeks in end while the price falls.
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Nov 29, 2017 18:44
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i'm in gdax right now and sold a quarter load
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Nov 29, 2017 18:44
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scott zoloft posted:i'm in gdax right now and sold a quarter load This is not the porn audience thread 
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Nov 29, 2017 18:47
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I've been dumping my sports gambling winnings into it but now it might be time to stop gambling on sports entirely and just deposit the money directly into crypto. It's getting returns faster than straight up gambling.
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Nov 29, 2017 18:49
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EorayMel posted:This is not the porn audience thread if you wanted more than a quarter than you should've applied more pressure to my gdax
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Nov 29, 2017 18:51
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Bitcoin made me $2344 today, and I can withdraw to Paypal within one day. CFDs are the future, but I think they are banned in America...
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Nov 29, 2017 19:00
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If I had bought one Bitcoin last week I could sell it today and have a cool thousand bucks. gently caress goons past, now and forever.
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Nov 29, 2017 19:02
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Please won't somebody invest in my rear end
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Nov 29, 2017 19:05
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 Definitely a stable store of value, just as valid as gold, not manipulated like those faux currencies end the fed. But even if it is manipulated, it's the fault of bad people, not the currency itself. 935 posted:If I had bought one Bitcoin last week I could sell it today and have a cool thousand bucks. gently caress goons past, now and forever. You likely wouldn't have been able to buy a bitcoin last week, because you'd still be figuring out how to get your payment authorized and get your transaction to go through. Assuming you picked an exchange and not some shady direct method for converting currency. But if you have the cash, go play day trader. Bitcoin is so volatile it's a great way to learn investing. ...like how most of that profit would have been eaten up by fees and opportunity costs.
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Nov 29, 2017 19:07
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935 posted:If I had bought one Bitcoin last week I could sell it today and have a cool thousand bucks. gently caress goons past, now and forever. I bought 500bucks worth of bitcoin a few months ago, I'm glad I don't listen to goons as I am about to buy a new Nintendo Switch Is bitcoin trash? Maybe but I got hard cash in my hand, merry buttsmas
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Nov 29, 2017 19:07
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Comfy Fleece Sweater posted:I bought 500bucks worth of bitcoin a few months ago, I'm glad I don't listen to goons as I am about to buy a new Nintendo Switch I made 3000 dollars off of bitcoin last week and it was fun but it is also, in the end, a bubble.
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Nov 29, 2017 19:10
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935 posted:If I had bought one Bitcoin last week I could sell it today and have a cool thousand bucks. gently caress goons past, now and forever. If you feel confident that you can get in and out before the bubble pops go for it. It’s not that no one will ever make money, it’s just that the longer the bubble goes on the greater chance that you’ll be left holding the bag when it all pops which sucks if you invested a lot. If you’re willing to accept the risk of losing it all, then by all means have some fun.
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Nov 29, 2017 19:10
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May be time to head over to my parents house to find that hard drive that I mined on in 2012... Pretty sure I tossed it though
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Nov 29, 2017 19:12
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fruit on the bottom posted:If you feel confident that you can get in and out before the bubble pops go for it. It’s not that no one will ever make money, it’s just that the longer the bubble goes on the greater chance that you’ll be left holding the bag when it all pops which sucks if you invested a lot. If you’re willing to accept the risk of losing it all, then by all means have some fun. actually bitcoin is about strangers trying their hearts out to make you feel like a retard so please refrain from having any fun
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Nov 29, 2017 19:13
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I already know that I’m a retard so they have no power over me.
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Nov 29, 2017 19:24
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haha goons told me not to buy a lottery ticket but I matched 4 and won $1000 so goons are loving idiots
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Nov 29, 2017 19:27
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everyone keep buying and eventually poverty worldwide will end because everyone is rich thanks to bitcoins
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Nov 29, 2017 19:29
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Stefan Prodan posted:haha goons told me not to buy a lottery ticket but I matched 4 and won $1000 so goons are loving idiots honestly the fact that 2010 meme internet split into buttcoiners and bitcoiners and goons wound up on the funny side while the alt-right chanlords accidentally wound up with a collective billion dollars more than us is kinda infuriating but also pretty much a microcosm of the collective business sense of somethingawful dot com
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Nov 29, 2017 19:37
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Those BFL posts were worth it.
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Nov 29, 2017 19:40
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please enjoys these post while the bit is up. after it crashes, there will only be us bithaters left in thread.
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Nov 29, 2017 19:54
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Adar posted:honestly the fact that 2010 meme internet split into buttcoiners and bitcoiners and goons wound up on the funny side while the alt-right chanlords accidentally wound up with a collective billion dollars more than us is kinda infuriating but also pretty much a microcosm of the collective business sense of somethingawful dot com hey man I'm inured to this poo poo I had to watch Jamie Gold win like 8 million dollars as you know lol in fact a good part of poker is just watching ridiculous dumb asses win tons of money I'm happy for most of the bitcoiners, I'm sure a lot of them are just normal people who wanted to gamble on something and won so I mean that's cool. I'm sure there are some extreme idiots and jerks who have tons of money now but it certainly won't be the first time in the world that someone from one of those camps got tons of money
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Nov 29, 2017 20:04
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Return Of JimmyJars posted:You mean Chinese and Venezuelan governments? We have a ton of people from Venezuela at work who use bitcoin to illegally send money back to their family. Uhh divabot checked one website in his book and declared this false, how can you still claim this nonsense?? Venezuela was not "saved' by bitcoin you see, lmao
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Nov 29, 2017 20:12
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Adar posted:honestly the fact that 2010 meme internet split into buttcoiners and bitcoiners and goons wound up on the funny side while the alt-right chanlords accidentally wound up with a collective billion dollars more than us is kinda infuriating but also pretty much a microcosm of the collective business sense of somethingawful dot com Hello, this is a few sentence summary of what I've been trying to explain to many goons since the summer The buttcoin jokes are great, uhh, but in this case buttcoiners picked the wrong thing to make fun of, and now a bunch of fedora redditors that were being mocked made a ton of cash
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Nov 29, 2017 20:14
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Have you read the book?
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Nov 29, 2017 20:14
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