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kw0134
Apr 19, 2003

I buy feet pics🍆

Like...you realize that if central banks launch their own cryptocurrencies, which has the force of government, that will supplant existing cryptosporidium infestations investments and make them worthless, right?

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klafbang
Nov 18, 2009
Clapping Larry
No, you see, if a central bank launches a bitcoin, it will legitimize the entire crypto scene and surely people will flock to whichever minor altcoin backed by child pornography and drugs the reader happens to hodl. It just makes sense that way.

CampingCarl
Apr 28, 2008




Fleetwood Crack posted:

A.D. 2020.

National capitulation was beginning.

https://coinfomania.com/bank-of-england-feedback-launch-cryptocurrency/

We get signal.

"After announcing that it is considering the creation of a Central Bank Digital Currency (CBDC), the Bank of England (BoE) has called on the public to contribute their views on the potential benefits and risks associated with the launch of a government-backed cryptocurrency."
I'm trying to think of when the last time a government or business put out a white paper, never mind implemented, anything with cryptocurrency or blockchain in the title that actually ended up being decentralized as opposed to a centralized ledger on a computer. Don't think it has happened.

roarpower
Jul 11, 2019

by Jeffrey of YOSPOS

Godholio posted:

Fortunately we've only got another 3-4 years before bitcoin is too old for the e-libertarians.

no it is stupid.

Crypto Cobain
Jun 17, 2018

by Reene

kw0134 posted:

Like...you realize that if central banks launch their own cryptocurrencies, which has the force of government, that will supplant existing cryptosporidium infestations investments and make them worthless, right?
:wrong:

CampingCarl posted:

I'm trying to think of when the last time a government or business put out a white paper, never mind implemented, anything with cryptocurrency or blockchain in the title that actually ended up being decentralized as opposed to a centralized ledger on a computer. Don't think it has happened.
Correct, which is why these pseudocoins are not a threat to actual crypto.

kw0134
Apr 19, 2003

I buy feet pics🍆

Do you even know what point you're trying to make in your desperate attempts to own the nocoiners?

Shumagorath
Jun 6, 2001
Since buying his diddler dinars Fleetwood has gone insane faster than any of the characters who touched the One Ring.

Crypto Cobain
Jun 17, 2018

by Reene

Shumagorath posted:

Since buying his diddler dinars Fleetwood has gone insane faster than any of the characters who touched the One Ring.
How much profit do I have to be in before you stop calling me crazy? Cause I'm already up like 20% lol. It will likely be back over 10k before 2020 is out.

Shumagorath
Jun 6, 2001
I made out better than that in an afternoon buying Nokia stock in the 2010's so.... duh, no Peg

Motronic
Nov 6, 2009

Fleetwood Crack posted:

How much profit do I have to be in before you stop calling me crazy? Cause I'm already up like 20% lol. It will likely be back over 10k before 2020 is out.

You need to have actual realized profits. In real money. And it needs to happen consistently.

Waltzing Along
Jun 14, 2008

There's only one
Human race
Many faces
Everybody belongs here

Fleetwood Crack posted:

How much profit do I have to be in before you stop calling me crazy? Cause I'm already up like 20% lol. It will likely be back over 10k before 2020 is out.

This is true. And it is just as likely it will be below 3k before 2020 is out.

The end result of BTC will be zero. It's just a matter of when. This is obvious. It uses far too many resources for governments to continue to allow it. At some point it will be shut down completely.

Wutang-Yutani
Nov 21, 2019

by LITERALLY AN ADMIN

Waltzing Along posted:

The end result of BTC will be zero.

That would be a good time to buy in!

roarpower
Jul 11, 2019

by Jeffrey of YOSPOS

roarpower posted:

no it is stupid.

https://www.youtube.com/watch?v=ARt9HV9T0w8

orange juche
Mar 14, 2012



Fleetwood Crack posted:

How much profit do I have to be in before you stop calling me crazy? Cause I'm already up like 20% lol. It will likely be back over 10k before 2020 is out.

How many actual, realized, usable dollars do you have? 20% of unrealized gain is just that, unrealized. It doesn't mean anything until it's in a form that can be used to purchase your lamborghini.

As far as I can tell your actual, real gain/loss at this point in time is -$800 because you haven't cashed out, and you likely can't cash out because no idiots are buying in.

McSpanky
Jan 16, 2005






Wutang-Yutani posted:

That would be a good time to buy in!

The mother of all dips, you would be a fool NOT to buy!

Gobbeldygook
May 13, 2009
Hates Native American people and tries to justify their genocides.

Put this racist on ignore immediately!

Waltzing Along posted:

This is true. And it is just as likely it will be below 3k before 2020 is out.

The end result of BTC will be zero. It's just a matter of when. This is obvious. It uses far too many resources for governments to continue to allow it. At some point it will be shut down completely.
The governments of the world will eventually bring the hammer down on BTC, but I think it'll be because of it's use by criminals and ne'er-do-well than because of being a of resources. Being decentralized makes it harder to shut down than earlier centralized criminal currencies such as eGold and Pecunix but if The Man just puts a stop to money easily moving in and out of the system through banks it'll wither and die.

Waltzing Along
Jun 14, 2008

There's only one
Human race
Many faces
Everybody belongs here

Gobbeldygook posted:

The governments of the world will eventually bring the hammer down on BTC, but I think it'll be because of it's use by criminals and ne'er-do-well than because of being a of resources. Being decentralized makes it harder to shut down than earlier centralized criminal currencies such as eGold and Pecunix but if The Man just puts a stop to money easily moving in and out of the system through banks it'll wither and die.

I can see some of the first world countries cracking down. Maybe you can run a rig from home, but a warehouse full of miners will get shut down. Politicians tend to be mystified by tech and need it dumbed down to them. If the media gets on the "this is wasting resources" train, it probably won't take too long to get legislation through that ends it. Adding kiddie porn and drugs to the deal will help.

Some people are going to end up out a lot of $$ because they will be left holding the bag.

roarpower
Jul 11, 2019

by Jeffrey of YOSPOS
Aparently Amazon ask if i like Shaun of the dead

roarpower
Jul 11, 2019

by Jeffrey of YOSPOS
Shaun of the dead is my probably favorite movie ever

biglads
Feb 21, 2007

I could've gone to Blatherwycke



roarpower posted:

Shaun of the dead is my probably favorite movie ever

Can I interest you in my Shaunofthedeadcoin ICO?

Crypto Cobain
Jun 17, 2018

by Reene
https://www.businessinsider.com.au/us-economy-to-fall-behind-china-within-a-year-standard-chartered-says-2019-1

The US could lose its crown as the world's most powerful economy as soon as next year, and it's unlikely to ever get it back

This is good for bitcoin

lynch_69
Jan 21, 2001

Fleetwood Crack posted:

https://www.businessinsider.com.au/us-economy-to-fall-behind-china-within-a-year-standard-chartered-says-2019-1

The US could lose its crown as the world's most powerful economy as soon as next year, and it's unlikely to ever get it back


Inshallah

The Rabbi T. White
Jul 17, 2008





Holy poo poo! 20% on $800! That you can’t actually buy anything but CP and dodgy Russian coronavirus infused research chemicals with.

I made 20% on $800k on 4 months by buying a house (yes I actually feel guilty about this because our economy is fuuuucked and no-one else can actually buy one and I got lucky, I’m just proving a point).

Never has anyone flipped so hard so quickly over $160.

Fatkraken
Jun 23, 2005

Fun-time is over.

Fleetwood Crack posted:

How much profit do I have to be in before you stop calling me crazy? Cause I'm already up like 20% lol. It will likely be back over 10k before 2020 is out.

If you'd walked into a casino, bet your entire net worth on 23 on a roulette wheel and it had miraculously come up, we'd still call you crazy even when you walked out with returns of 3500%. If every spin of that roulette wheel involved throwing a dumptruck of coal into a fire for no reason, you'd be crazy and an rear end in a top hat.

this is Bitcoin.

McSpanky
Jan 16, 2005






Fleetwood Crack posted:

https://www.businessinsider.com.au/us-economy-to-fall-behind-china-within-a-year-standard-chartered-says-2019-1

The US could lose its crown as the world's most powerful economy as soon as next year, and it's unlikely to ever get it back

This is good for bitcoin

Is this before or after Japan owns the world in the far-off cyberpunk future of 2005?

Crypto Cobain
Jun 17, 2018

by Reene

The Rabbi T. White posted:

I made 20% on $800k on 4 months by buying a house (yes I actually feel guilty about this because our economy is fuuuucked and no-one else can actually buy one and I got lucky, I’m just proving a point).
Do you mean you flipped the house or you have 20% unrealized gains? Because if you still own it you're in for a rude awakening when the housing market collapses again.

McSpanky
Jan 16, 2005






Fleetwood Crack posted:

Do you mean you flipped the house or you have 20% unrealized gains? Because if you still own it you're in for a rude awakening when the housing market collapses again.

:ironicat:

Shumagorath
Jun 6, 2001
fleetwood can you live in your $800 butt

lynch_69
Jan 21, 2001

These kids make $30 in Bitcoin "profits" they'll never be able to withdraw and in their minds they are financial geniuses who can see the underlying code in the Matrix.

EorayMel
May 30, 2015

WE GET IT. YOU LOVE GUN JESUS. Toujours des fusils Bullpup Français.
:cumpolice: :bernpop: https://bitcoindoubler.tech/ :bernpop: :cumpolice:

Why invest with Bitcoin?

When you invest with Bitcoin, there are multiple benefits:

Transparency (you stay completely anonymous).
Easy to make transactions with low fee’s.
Bitcoin is constantly growing in volume and price, so while you are multiplying your BTC it’s value is growing as well.


Bitcoin Doubler is a fully automated Bitcoin investment platform operating with no human intervention. Take full advantage of our fast and legit Bitcoin doubler platform. Our automated system gathers information from the blockchain transfers and cryptocurrency exchanges to study and predict the Bitcoin price. Our servers open and close thousands of transactions per minute, analyzing the price difference and transaction fees, and use that information to double your Bitcoins. Our data centers are located on multiple locations around the world so that our system has 100% uptime guaranteed.


I don't have any BTC and I am wandering where can I buy it?

There are various places where you can buy Bitcoins but we at Bitcoin Doubler recommend the following two:

Buy Bitcoins using Credit / Debit card with CoinMama.
Buy Bitcoins using PayPal, Skrill, Bank Transfers, in person or using other options with LocalBitcoins.

:bernpop: :cumpolice: https://bitcoindoubler.tech/ :cumpolice: :bernpop:

Crypto Cobain
Jun 17, 2018

by Reene
Here is a fact: It has been admitted in this very thread that smug goons have been mocking and doomsaying bitcoin for the better part of ten years, meanwhile the price has gone from pennies to thousands of USD. The hashrate and crypto economy have exploded as well. It seems to me that just a little bit of humility is called for given these circumstances, wouldn't you agree?

George H.W. Cunt
Oct 6, 2010





Na

The Rabbi T. White
Jul 17, 2008





Fleetwood Crack posted:

Do you mean you flipped the house or you have 20% unrealized gains? Because if you still own it you're in for a rude awakening when the housing market collapses again.


End the Fed! RoooooOoOOOn Paaaaaauuuullll!! Oh wait, I don’t live in the US, I live in noted Libertarian-Idealistic-Paradise New Zealand.

Shumagorath
Jun 6, 2001

Fleetwood Crack posted:

Here is a fact: It has been admitted in this very thread that smug goons have been mocking and doomsaying bitcoin for the better part of ten years, meanwhile the price has gone from pennies to thousands of USD. The hashrate and crypto economy have exploded as well. It seems to me that just a little bit of humility is called for given these circumstances, wouldn't you agree?

Crypto Cobain
Jun 17, 2018

by Reene

The Rabbi T. White posted:

End the Fed! RoooooOoOOOn Paaaaaauuuullll!! Oh wait, I don’t live in the US, I live in noted Libertarian-Idealistic-Paradise New Zealand.
So far, we've got you bragging about owning an 800k house and now bragging about living in a first world country. Anything else you'd like to rub in the faces of people who are facing large-scale unemployment and the likelihood of no healthcare during a pandemic?

The Rabbi T. White
Jul 17, 2008





Fleetwood Crack posted:

So far, we've got you bragging about owning an 800k house and now bragging about living in a first world country. Anything else you'd like to rub in the faces of people who are facing large-scale unemployment and the likelihood of no healthcare during a pandemic?

Yeah, I’ll also brag about not being stupid enough to buy any Butts.

klafbang
Nov 18, 2009
Clapping Larry

EorayMel posted:

:cumpolice: :bernpop: https://bitcoindoubler.tech/ :bernpop: :cumpolice:

Why invest with Bitcoin?

When you invest with Bitcoin, there are multiple benefits:

Transparency (you stay completely anonymous).
Easy to make transactions with low fee’s.
Bitcoin is constantly growing in volume and price, so while you are multiplying your BTC it’s value is growing as well.


Bitcoin Doubler is a fully automated Bitcoin investment platform operating with no human intervention. Take full advantage of our fast and legit Bitcoin doubler platform. Our automated system gathers information from the blockchain transfers and cryptocurrency exchanges to study and predict the Bitcoin price. Our servers open and close thousands of transactions per minute, analyzing the price difference and transaction fees, and use that information to double your Bitcoins. Our data centers are located on multiple locations around the world so that our system has 100% uptime guaranteed.


I don't have any BTC and I am wandering where can I buy it?

There are various places where you can buy Bitcoins but we at Bitcoin Doubler recommend the following two:

Buy Bitcoins using Credit / Debit card with CoinMama.
Buy Bitcoins using PayPal, Skrill, Bank Transfers, in person or using other options with LocalBitcoins.

:bernpop: :cumpolice: https://bitcoindoubler.tech/ :cumpolice: :bernpop:

I am Elong Musk, famous for saving cave children using metal dildos built of rocket parts (aka metal) and inventing Paypal and the car and electricity and solving the CORVID-19 crisis using nothing but Twitter, and I endorse this message. Send 1 (two) bitcoins to my bitcoin address 1BitcoinEaterAddressDontSendf59kuE and I will send back twice the number of bitcoins you send (so 1 bitcoin -> 2 bitcoins, 2 bitcoins -> 4 bitcoins, etc!) It is really that simple. Note: not a scam.

Crypto Cobain
Jun 17, 2018

by Reene

street doc posted:

Given the global demand for the USD, we can easily inflate our way out of this recession. Long term this may hurt the currency, but Washington won’t care.
:sickos:

LethalGeek
Nov 4, 2009

I like not being banned from the banking system for gambling with pedo pesos.

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zedprime
Jun 9, 2007

yospos

Fleetwood Crack posted:

Here is a fact: It has been admitted in this very thread that smug goons have been mocking and doomsaying bitcoin for the better part of ten years, meanwhile the price has gone from pennies to thousands of USD. The hashrate and crypto economy have exploded as well. It seems to me that just a little bit of humility is called for given these circumstances, wouldn't you agree?
"Yeah I'm leveraged about 16 different ways right now but you can't argue the results. I'm up so far it'd take some sort of great crash to get called."
-banker guy, 1928

"Dude we're an island, all the real estate is carved out and you can reap all the economic benefit of the businesses sitting on top in a fool proof way. There is no way owning land in Japan could ever pop."
-Japanese real estate guy, 1990

"Does Madoff Securities look suspicious? I don't think so. They've been an incredibly consistent hedge and I can chalk that up to Bernie's experience in trimming the fat when market making."
-investment manager guy, 2007

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