What does Veeky Forums think of the current Bitcoin price?

coindesk.com/price/

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>mfw I sold the majority of my BTC last night

youtube.com/watch?v=qqpTq9_rf_Q

>Nothing personnel, kid.

IT'S OVER BOYS CASH OUT OR SUFFER

Anyone actually cash out? or are they riding the waves?

This is not news. We've known winter is coming for a while now.

Nope, didn't cash out. Price looks like its gonna wobble on uncertainty for a little while until August 1st, which we will see the continuation of the uptrend. We'll bounce around this price range for a little while.

If people think that there is going to be some catastrophic market crash based on some stupid graph then they dont understand the BTC market itself and why BTC and crypto has gained so much traction. Its not a normal commodity.

Too risky for me to ride the waves. Sold and will buy back in at presumed lowest.

>Its not a normal commodity.

>This one is different. It is a new paradigm.

Yeah the difference is you can eat tulip bulbs if the market falls through.

How is it risky? Are you telling me you actually day trade crypto or something? Did you put money into it that you can't afford to lose? If you are the latter, you may be a retard.

>Reveals cuckold status

if all my money was not locked up in solid trades i would short bitcoin to 2400 screen cap this it will happen

sell it's the big crash coming

i like to trade by myself on paper im also going long on bitbean until it hits 122 sats. im not a cult member but this is how i make money.bitbean is a shit coin after 122 sats

Bitcoin is hot garbage because nobody with 2 brain cells wants to use it for real transactions that aren't illegal. Everyone just invests in it without spending. Say I wanted to buy something off of amazon for 100 bucks in bitcoin (because autism or something) I go to purchase say .03 bitcoin.
>wait several hour to days for transaction to complete
>bitcoin prices took a dive
>my previously $100 .03 bitcoin is now worth $50
>plus paid a transaction fee

Bitcoin is too volatile to use day to day, transactions take too long for people to use anything other than fiat currency. The only reason to buy is for investing. GUESS FUCKING WHAT?! Everyone else is only investing.
>???!? What does that mean user?

Crash incoming

>>my previously $100 .03 bitcoin is now worth $50
not my fault your shit at trading lol and you think its bitcoin fault? i hate people like you. you think bitcoin suppose to do what you want to happen

BTC works pretty well when you want to purchase kiddie porn or meth

I'm not talking about trading you mong, I'm talking about making purchases with it. You know, like currency? The whole point of bitcoin? TO BUY SHIT WITH IT? It's pointless to buy shit with it because it's so volatile. If it's pointless as a currency, then guess what dude.. it's worthless

alright top fucking kek user

this has to be satire

you do realize one of the biggest selling points of cryptocurrency is that it will be significantly faster than current transaction methods..

you do realize once things like lightning network get implemented it will take seconds to process transactions right?

well look at that price was 2540 and now its 2500 how in the world do i do it

I shamelessy use Bitcoin for cam whores time to time, because the last time I used my credit card I got a call from the credit card company for possible fraudulent charges. I had to tell them it was me...like the degenerate loser I am.

lol kek fucking lel you pay for pictures of nake women your even under paying women for sex. i fucking kek at your life

fast transaction, nothing to buy.
GENIUS

ummmmm i buy bitbeans

But it isn't. Hasn't been for years now. Still hasn't seen adoption anywhere. There's almost no point to use bitcoin instead of just pulling out your damn debit card. Why would the average normie go out of their way to
>make a bitcoin wallet
>trade fiat currency for it through an exchange
>go out of their way to find a company that accepts bitcoin
>learn about all the bullshit that comes with it
Instead of just spending their 100$, which the central bank ensures will still be worth around the same amount in a months time? It doesn't make sense to use right now. There's no big push to make it worth using either.

haha holy fuck you are stupid

if you dont think that in 10 years cryptocurrency will be used by anything mainstream

then sell all your fucking shit and get the fuck out

but im confident that in a decades time there will be numerous institutions putting blockchain tech and, yes, cryptocurrency to good use.

we are now at 2490 just a update thats a 60 dollar short i called

alright ill take the bait

have you considered the fact that in some places on earth they are just now getting access to internet

im talking about africa, about parts of asia,and especially india.

when these piss poor places get access to the internet and their people begin using it, they find ways to generate revenue on the internet via coding or whatever else they fucking do, and they want a way to store money, something that carries its value across devices and isnt dirty fucking rubles or some other shit fiat that gets stolen/deteriorates over time.

all of these (hundreds of millions) of people are just beginning to access technology and not sling mud in huts all day. that is just one potential use case that is quickly approaching.

Africa still eats mud the whole point of them eating mud prevents them from owning a computer. there is a fucking reason the have 14 kids and starve them to death. you want to know why???


THERE FUCKING NIGGERS

discrimination

Brace yourselves. Pink Wojaks are coming.

haha funny shit pol

but seriously there are plenty of regions in africa where technology is becoming available that arent still mud slinging nigs.

by no means am i saying the majority of africa has access, just a significantly larger portion than 10 years or 20 years earlier.

times are changing

Not bait, and I'm not saying there aren't uses for it like that. And China, Venezuela, and so on. Personally I have a stake in multiple cryptocurrencies. And I believe for certain it is the future. But I have little hope for bitcoin because it's already outdated, and seems to have missed its window of opportunity to fully break into mainstream use. Just playing devil's advocate here.

how can you discrimination when the own population is the same color and eat the same mud and have the same number of 15 kids and strave at least 5 of them?

I mean honestly, I want someone to change my mind about bitcoin. But so far nobody really cares about it except for the investors from what I can tell.

look at that we are at 2767 i will call off my trade at 2400

zug zug

ya and no one cared about a computer when it was 10 years old also to this day people dont care about what hilter tried to do. fucking mind blowning

you are a moron kys pls

There's countless things that were poised to be revolutionary that were forgotten to history. That doesn't mean jack

Consider the .com boom.
There were thousands of dumb as fuck websites (like there are thousands of dumb as fuck altcoins). The bubble will collapse and only the biggest will survive.

He seriously ignored the most important part of my post to take the hypothetical out of context lmao

Thank you sir. More like this pls

they don't have pcs but they all have cell phones.

the brazilian real fluctuates between 4 reais to one euro and 2.5 reais to one euro in about a year. if your national currency is shittier than bitcoin, bitcoin is your best alternative. its money you can easily move and fairly hidden so thats a plus, too

You fools everyone who isn't on here for the first time ever knows August 1st its going to drop to the abyss and you still thought there would be no repercussions until the day of, its time to get out or be prepared to lose up to half your portfolio by the third

how low will it go? i need to get my order placed.

you a fagget the date is now aug 6 you are the newfag let me guess you did not know bip91 got approved and bip148 got approved and there will be no hard fork?

pretty much confirmend 100% hardfork coming get that lube ready

>5982 ▶
i do know i shorted bitcoin to 2400 from 2550 and long bitbean from 84 sats to 122 sats

We are set. Just buy now. Heikin-Ashi crescent moon doesn't lie

>they dont understand the BTC market itself

Textbook "new paradigma".
Guys, it is this mentality that will initiate the blow off phase.
It WILL happen. BTC is not dead because of this and if you get weak hands, you will regret it in 2-3 years, as the price is bound to go up to new ATH levels. Just not in 2017 but in mid/late-2018 or even early 2019.

Everyone who honestly tells you that "BTC will go to 10k in 2018" is simply blinded by the fact that most big investors of cryptos already cashed out 1-2 months ago and we now run on mostly "new" money right.
Money, which is in unexperienced weak hands, as they were attracted by the rush of the first half of 2017.

It will go back to 1.5k or even further.
But for fucks sake - it is still 150% the former ATH.
"Volatile" does not mean that is only going up at absurd levels. It also can mean that the correction can even go far below the former ATH.

Image

ok, thanks. setting my buy order for 1.5k
then just sit back and wait.

Gold as a currency is outdated since practically 300 years and it's still around, its tech doesn't really matters that much, what matters is his adoption.
Unless chink miners and triggered devs sabotage it by their constant squabbles the BTC is here to stay.


BCC is just used to ensure that the 2x of Segwit will be implanted, the BTC will probably dip but it will come back to normal in few weeks.

>if you can afford to lose it, you should just throw it away

its you mr wizard who is worthless