Mfw buttcucks are still in the "denial" phase

>mfw buttcucks are still in the "denial" phase

Anyone else grabbing their popcorn for the upcoming weeks?

Other urls found in this thread:

youtube.com/watch?v=RMZaXO5fLc0
meaningoffreedom.com/2017/01/12/the-rise-of-bitcoin-and-its-meaning-of-freedom-for-finance/
twitter.com/NSFWRedditImage

short buttcoin if you want to make money

DOUBLE DOWN

>my btc hasn't even been deposited from when I bought at $1100

youtube.com/watch?v=RMZaXO5fLc0

i am full of this and feeling good

Why did you think that was a good idea?

They no wanna listen

Bitcoin has actual use, it's not stock you fucking kike

Provide 10 examples of bitcoins' use?

>this is how nocoiners COPE

Bitcoin stock exchange.

Altcoin = penny stock underlings

So....pretty much like a stock.

>mfw I just trade and make profits in BTC to build up a stash for the Upcoming moonshot next year

Once this cup and handle plays out by the end of this year it's off to new highs

1. Buying illicit substances online
2. ???

3. Using as a semi stable untracable currency if you live in a 3rd world shithole
4. Moving cash between countries
5. Buying drugs...never underestimate how much drugs get sold

Your 5th use I have already listed as the first one.
3.
>semi-stable
>30% drop in value in a single week

Choose one. It's insanely unstable.

4. You can use a wire transfer for that. Unless what you're doing is illegal. Then yes bitcoin is good for that.

So bitcoin has two uses and both of them are used for illegal purposes. Kek

Cockheads willing bitcoin to die.

How edgy is that?

Buy the dip faggots.

well, if you live in zimbabwe...

bitcoin is dead, Buy TRUMP coin

Right now at this market cap it's a store of value that's beyond the direct influence of any government.
Considering that and its portability, it's theoretically one of the best stores of value you could imagine.

If it gains more widespread acceptance, its market cap and stability will increase, and it will become a currency that's beyond the direct influence of any government or inflation.
Which speaks for itself, really.

If you really believe that chart, put your money where your mouth is and short that "return to normal" peak.

>"return to normal" peak.
We've been living it for the last week. $800-$850 is the mean

therealdonaldtrumpcoin

implying we are not going to PLUTO

COPE NOCOINER

>COPE

MEME COINERS ON SUICIDE WATCH, YOUR TEARS ARE DELICIOUS, KIDDO.

>implying we are not going to PLUTO
You're not.

Only space probes go to pluto.

Bluepilled coiners get another type of probe.

media attention should be much closer to greed and delusion

i will wait for the dip and then buy

bitcoin going to $50 or less by 2018

This chart is epic bullshit. It cherry picks a certain time frame and then super-imposes a bubble graph to suit a pre-conceived notion. Cryptocurrency is deflationary, meaning it becomes more scarce with time. Fiat is inflationary. Bitcoin is up 100% on the year, 300% two years, and 6,500% all time.

10 uses for bitcoin - 1) hold money that belongs to you, not a bank, 2) hold a deflationary, decentralized currency as opposed to an inflationary central bank-owned currency, 3) buy anything on overstock.com, 4) book any trip on expedia.com, 5) invest in precious metals, 6) hedge yourself against inflation created by central banks' insane money printing, 7) use a convenient medium of exchange with instantaneous, almost zero-fee transactions, 8) keep money safe from hacking by using paper or hardware wallets 9) increase your business revenues by accepting bitcoin as payment (overstock.com made additional $1Mil in first month of accepting bitcoin), and 10) be an early adopter of the most significant technological invention of the 21st century, the future of money.

No what it means is that Bitcoin was all mined and gotten at the beginning and now a few control the whole thing.

It is scarce because rarity is a scammers dream.

OP's chart is accurate.

You are just bluepilled and love collectivism.

meaningoffreedom.com/2017/01/12/the-rise-of-bitcoin-and-its-meaning-of-freedom-for-finance/ Read this blog post to know more. Read the satoshi nakamoto white paper, linked within. Bitcoin is a commodity, not a stock.

You obviously know nothing about how it works.

Only 16.1 million coins have been mined of 21 million total. It will take about a century for all of them to be mined.

"It is scarce because rarity is a scammers dream" - ROFL, wtf? Most non-sensical statement ever.

Crypto gives people independent control over their own funds, and allows financial transactions in absence of a third-party like a bank or PayPal. Your bank-loving, fiat-worshipping ass loves collectivism a lot more.

>Bitcoin is a commodity, not a stock
Bitcoin behaves exactly like a stock with all its penny stock alt coin underlings.

Even provides tons of collectivist greed.

Keep trying real hard to prove otherwise.

>It will take about a century for all of them to be mined.
Spoiler alert: It never makes it a century

It lasts one decade before the price goes to zero.

As far as all that scarcity:

Over 600 altcoins = over 600 hydra heads

Free pass to "print" crypto fiat forever.

Fiat = Fiat = Fiat = Fiat

Independent control with dependent centralized rate of exchange.

No thanks.

>Spoiler alert: It never makes it a century
>It lasts one decade before the price goes to zero.
t. your ass.

>when it seemed technical analysis couldn't get any more retarded someone went and added memes to it

Thank you Veeky Forums.

Spotted the comet magic fag.

>untracable
lol, nice meme

If you use different addresses, nobody can ever trace you.
You don't even have to use a different wallet (although it's almost just as easy to do).

You are an idiot. When it dips like that is the best time to buy before it goes back up again. The cycle will continue every year but the price will be greater than before each time.