Proud nocoiner here, making a comfy 7% annual return on my investments.
Really enjoying the cryptoshit bubble mania that's going on atm. You guys are hilariously retarded.
You do realize crypto is literally used for nothing except buying drugs and shit? You're buying a promise. That's it. Once people realize there's no actual value, this shit is going to crash hard.
Can't wait for the coiner saltmine and "cryptocucks on suicide watch" threads when it all comes tumbling down.
But that's literally what currency is, you buffoon
Asher Morris
I'm investing in Intel because I have great confidence in their future growth
Daniel Richardson
inb4 butthurt cryptobabies come in here talking about the future applications of this nonsense.
>transactions take forever >down half the time >thinking joe six pack will ever buy into this volatile BS to buy stuff off amazon when he can easily use paypal/cc >thinking any legit business can be made on the back of such volatile currency
Cooper Cook
>Smart contracts r jus 4 buying drugs n shit lmao >enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
Gas yourself.
Luis Cruz
Just drugs and shit huh?
Luis Cox
>Dibala Okoookoo Davis and 2 billion other third-worlders discover cryptocoin >relative to their own currency, it's a rock-solid miracle >China continues to develop Africa and elsewhere, pumping oil and metal money into those countries >marketcap of crypto explodes within the next few years
Ayden Ramirez
holy fuck you're an idiot lol
I'm making 8% A DAY in Bitcoin
in several other coins, I'm making 800% a year
the U.S. Dollar is old money
Jace Wilson
>using phrases like "joe six pack" K Y S
Juan Jenkins
>7% Annual This is not 1950 move aside gramps
Luis Foster
And who exactly will sell the cryptocurrency in exchange for the african's bullshit currency? And do you think the African nig-nog has the brain capability to even understand what crypto is? Kek! t. Expat currently living in Angola (Africa)
Dylan Harris
oh
and it's more or less ALWAYS continuously compounding
Tyler Hall
HOLY FUCK HOW DO YOU SAY THIS IS A FUCKING BUBBLE YOU FUCKING CUNT I'LL HAVE YOU KNOW I COULD BUY YOUR MOTHER WITH THESE FUCKING ELECTRONS YOU LITTLE BABY BITCH
Colton King
>all African countries are the same East African countries already use m pesa, which is like a glorified PayPal or venmo for flip phones, it shouldn't be that difficult for someone to make a crypto out of it
Connor Brooks
lol.
Luis Reed
In the sense they are inhabited by dumb sub-humans, yes, you bet they're all the same.
Go ahead and make a crypto for their shit currency. Enjoy the 1000% gains on currency which devaluates 2000% against the USD/EUR. Then tell me how it goes when you try to convert that into some real currency.
Austin Flores
>once people realize HOLY SHIT YOU'RE SO SMART YOU JUST BLEW MY MIND btw 7% is 4% after inflation
Brody Wright
>only for drugs
OP if you aren't at least investing in ethereum you are fucking retarded. This is like saying you aren't interested in Amazon, Google, or Facebook before they became big.
Cameron Ward
>You're buying a promise too obvious
Cooper Lee
>Then tell me how it goes when you try to convert that into some real currency.
I'm so sick of this meme. Plenty of exchanges will or you can sell locally to others at a premium. Feels good getting paid to withdrawl BTC.
Michael Garcia
if i would have 7% return / day on a coin id probably sell for a better one
Benjamin King
> 7% a year > inflation is 3-4% > Actually make 3% a year > Government taxes you on gains afterwards
Thomas Clark
>ACTUALLY UTILIZING PAPER MONEY IN THE YEAR OF OUR LORD 2017 >NOT HOARDING AS MUCH GOLD AS POSSIBLE AND RESEARCHING ALCHEMY FOR SICK GAINZ
Nicholas Martinez
>In the sense they are inhabited by dumb sub-humans, yes, you bet they're all the same
Say what you will but they were smart enough to ban mosques in their country, that's more than I can say for most western nations.
>Go ahead and make a crypto for their shit currency. Enjoy the 1000% gains on currency which devaluates 2000% against the USD/EUR. Then tell me how it goes when you try to convert that into some real currency.
It's pretty clear that you don't understand the concept of exchange rates, utility of crypto, and the ability to withdraw
Connor Smith
>all those kids saying shit like "lol 7% is not enough per DAY lmaooooo" >meanwhile, their portfolios consist of the 300 bucks that their mommy gave them while the OP probably have upwards of a hundred thousand
protip: no one who has over 100k available for investment would EVER be retarded enough to give his money to something as volatile and retarded as the hype-based price of cryptotrash, except if he's not fucking retarded and bought the hype
Michael Powell
Isn't alchemy the archenemy of gold? desu one of the things keeping away from it is the thought of some STEM asshole finding a way to make gold out of ammonia and bleach.
Hudson Gray
I have about $200,000 in crypto, but I started early, have only put in a few grand worth of dollarydoos.
Logan Moore
If it's such trash, why was ethereum being talked about on television and even in Forbes articles? Why was it mentioned on that silicon valley television show? Not only that, but ethereum is the least volatile cryptocurrency there is, even less volatile than bitcoin. Not just all of that, but why are Microsoft, Intel, and other tech companies interested in this tech? Seriously, if you aren't investing in ethereum just off yourself now. You obviously hate money.
Charles Hughes
> Only making 7% a year. You need to reevaluate your portfolio composition, my brother. Here's my index fund portfolio returns since 1/1. Should have about 15% by year's end. If your broker is getting you 7% you need to fire their fucking ass.
whoa there, 7 percent in a whol year???? how do you do that
Joshua Long
You friends don't seem to understand that the gains you make in african bitcoin won't translate into EUR/USD. I also doubt you can then buy legit BTC/ETH with whatever snakeoil you peddle there. At most you'll be able to have gains in the african's shit currency, but hey, feel free to prove me wrong.
Ian Ward
> 7% annual return on my investments.
sorry to disappoint you, but its more like 1-2% gains
Daniel Myers
>If it's such trash, why was ethereum being talked about on television and even in Forbes articles? Why was it mentioned on that silicon valley television show? Literally everyone talks about Bitcoin, yet it's still actual, literal useless trash that derives its value fully on the pretense that it *probably* will be a bit higher in the future. The reality is that almost no one uses it for its real purpose - hidden transactions, and you know it. That's all it and the rest of the cryptotrash is - hype.
>CNN further detailed how Novogratz said he invested in ether when it was trading for just $1, having been impressed by ethereum founder Vitalik Buterin at a dinner party held at his home. i.e he literally pulled a pump&dump after talking to that autist and having him convince him that the price will probably go up. pumping and manipulating with a huge injection for a short period =/= investing. Who knows, if it wasn't for his pump then ETH would've probably remained dead and irrelevant, THIS is how artificial the price of this shit is
>He participated in an ICO see above. ICOs are the literal definition of pump&dump and are not the same as IPOs. Their intention is not value generation and holding onto the value, it's providing an artificial boost and inflation of price so clueless people get hyped and buy their overpriced sell orders
Luke Turner
Bruh inflation in burgerstan is 2% at best (soon to be lower thanks to the Fed)
Joshua Watson
Inflation is still below 1% in the West as it has been for nearly a decade...
Jaxson Gonzalez
This is what they want you to believe. Just look at housing prices etc. It's all going up. What's keeping "Inflation" down is technical deflation.
William Perez
That's the CPI inflation which is not true because it lags in a sense - it takes a lot of time for the market to adjust to actual inflation. The "real" one is closer to 3-4% and will not reduce but grow with the Fed's now-increasing rates
But if you hate inflation so much then get some dividend stocks that nullify a large portion of it, or simply go gold/silver. Gold especially will skyrocket with increasing rates
Nice way to ignore my comment, faggot. I was talking about Ethereum, not Bitcoin. It has none of the bad publicity that Bitcoin has and is seen as a more professional crypto than all the others. It's also the least volatile and has an actual use.
Mason Ortiz
>millionaire invests in technology with actual uses and potential to change how we circulate money >this is somehow any different than a millionaire investing in a company stock
Take notes kids, this is how you stay poor.
Jose Cruz
They said EXACTLY the same about PayPal at the time that came out.
Henry Myers
*just pretend hes saying cryptos every time he says gold. He even capitulates to the crypto overlords
Jayden Martin
>7% annual
I make 10% daily with shitcoins, and that's not even good by Veeky Forums standards
Jace Russell
>Hates crypto >Shills gold
Grandpa there's other websites out there for you
Thomas Young
>not being an investment idort I just sent over $2,500 to Ameritrade for investments in the stock markets but I also have my fingers in a decent amount in crypto. Both have their flaws and strengths that can be balanced. Both of you purist faggots, Wall St. old boys and crypto up and comers, need to diversify yourselves a little more or end up getting fucked in the end.
Kayden Jones
>hurr durr muh shadowstats historical returns have been over 8% real that's after inflation
historical return of shitty scamcoins will be negative before and after inflation
sad thing is all these threads bitching about crypto just look like a typical bear raid
Jackson Martin
Don't forget about when your assets fall by 50% in the next crash
Thomas Hernandez
South Africa and Nigeria already have bitcoin services.
Connor Flores
Nobody is ever going to use crypto as a real currency. It's just a type of investment, and a really good one at that.
Christopher Wright
>nobody is ever going to use promissory notes as a real currency >nobody is ever going to use credit cards >nobody is ever going to use paypal alright
Christian Diaz
>historical returns have been over 8% real
no, they havent. but it is amusing to see a conversation between a crypto supporter and a stock supporter, where the former is the more mature poster.
how the tables have turned.
Jayden Hall
You mean 95% and you're talking about crypto right?!
Landon James
Just admit you're jealous of all the weeb neets who've made thousands off of crypto. I started 3 weeks ago and I've already made 3k
It's not too late to start investing in crypto user!
Samuel Ward
yes it is the s&p 500 alone, excluding all other asset classes, with its dividends reinvested, returned an annualized 7% after inflation over the last 70 years diversifying into other classes tended to give a much higher return, especially small cap value
i guess i cant really point out to people who unironically believe in a future dominated by cryptocurrency that shadowstat inflation is chemtrail conspiracy tier
Gavin Taylor
>7% annual That's fucking shit, user. Unless you are really rich.
Jeremiah Fisher
Why use a credit card for purchases from international suppliers when instead you can buy a cryptocurrency that does the exact same thing only more complicated?
Bentley Rogers
it's "shit" but it's safe. This is what retirement plans are based of