Daily reminder that no matter how much you've lost, as long as you remain in crypto, you are going to make it

cybercurrency is in the protocols of zion

Whales are just a bunch of obese neet furfags. We're going to bleed them dry.

And as for the normies, they won't get hurt. We're just accumulating gold, before it's recognized as such.

Crypto is a scam (including Bitcoin and Ethereum). Decentralized currency is a meme. Blockchain tech is a step backwards in computing.

Truth. Blockchain has existed since the 70s.

AHAHAHAHAHAHAHAH

No. Please stfu and stop deluding others into believing this anything more than a ponzi scheme.

It's not a transfer of wealth from rich to poor. It's a transfer of wealth from people who get in late to the people who get in early on a coin before it moons, plain and simple.

Banks are already discussing coming out with their own crypto currency. Governments can easily do the same. If that happens your shitcoins will be worth zero.

This is speculative gambling on vaporware. Time it right and you'll be rich, wait too long and you'll have nothing.

bancor is literally unstoppable

You're dumb as fuck. What is the point of using a bank or government backed crypto? We already have Visa and cash. Crypto is useful because it is decentralized. A centralized crypto is completely fucking pointless.

>Satoshi's Vision

Why is decentralized good? Explain?

Pro tip: you can't, because you're a dumb uneducated faggot with no understanding of finance or monetary policy

>muh big banks are meanies

lol kys

How do I know this isnt a psyop to try to convince people to hold in order to set a higher floor.

So.... should I get into Crypto now or...?

>Trying to delegitimize reality with memes. Stay young and poor, kid.
Many advantages to decentralized currency, dipshit. Can be spent internationally without conversion. Everybody knows the rules and they can't be changed without agreement or hardfork. Centralized currency means a single entity sets the rules and you're stuck with it. Crypto currencies are adopted by choice so the value they have is real rather than forced. Less fees to transact. Easily secrecy. Smart contracts. You can transact business with anybody you want anywhere you want anytime you want without anybody looking over your shoulder or being able to stop you. And on and on and on and on and on. Fuck yourself.
And when you're doing that, ask Venezuelans about the marvels of central banking and fiat currency and their opinion on crypto.
Then fuck yourself again.

What should I buy to git rich

XRP/Ripple looks interesting but I don't know what the fuck I'm doing lmao

Anybody who still doesn't understand why decentralization > centralization (and not just of currency, but any data) deserves to die poor. Fuck them.

thats literally the only reason anyone would ever buy xrp... this comment is the archtype of an xrp holder.

well done user, you may just dodge the crypto newfag most common mistake.

>muh tax evasion

lol you sound like a fucking retard. Everything you stated simply benefits the individual and completely fucks over the social environment that supports the individual.

And really, how often are you spending money "internationally"? You live in a basement and subsist on a diet of hotpockets. KYS.

Also, you know nothing about Venezuela. Their issue isn't central banking, it's that their entire economy is based on oil and oil prices were manipulated to destroy them. KYS again.

look into low circulating / max supply coins with a low marketcap.

youll do fine.

coinmarketcap dot com

>Can be spent internationally without conversion.

Needs to be converted to Fiat. Crypto has zero value outside of exchanges, just like Casino chips and arcade tokens.

>Everybody knows the rules and they can't be changed without agreement or hardfork. Centralized currency means a single entity sets the rules and you're stuck with it.

The average coiner has no say in crypto. All the rules are made by a small number of powerful people, just like with centralized currency.

>Crypto currencies are adopted by choice so the value they have is real rather than forced.

People want to make money with it, not use it as currency.

>And when you're doing that, ask Venezuelans about the marvels of central banking and fiat currency and their opinion on crypto.

They're only using crypto to make money. They're not using it to store value.

Do you need a credit card to buy coins or can you buy them with paypal ?

You chucklefucks just have an irrational hatred of crypto. You don't have to try to convince yourself by couching it in strawman arguments. Your irrational hatred and fear for what you don't understand is obvious. You asked for why decentralized currency is better and I gave you a few reasons off the top of my head (there are many more) and instead of being intellectually honest and accepting that, you try to move the goalposts like you're in third grade debate class. Lol. Stay poor and mad nocoiners.

>their entire economy is based on oil

you got enough money, some countries got nothing, yet they are doing much better, ask yourself why

if by shilled you mean

"IS THIS A PONZI SCHEME. BOOMER TAKES A CLOSER LOOK TONIGHT AT 7"

>Is Bitcoin the biggest Ponzi scheme of all time or literally Hitler?!1
More like it. These are the same talking heads that were shilling home loans in 2006 and tech stocks in 1999. For all I know, we may all lose our asses in crypto but it won't be because anybody on CNBC saw it coming or has a fucking clue what's going on.

>well done user, you may just dodge the crypto newfag most common mistake.

What is the most common mistake?

>look into low circulating / max supply coins with a low marketcap.

thanks famalam

MAN FUCK YOU I WASN'T TRYING TO DELEGITIMIZE ANYTHING YOU MOTHERFUCKER!

THEN BE MORE FUCKING CLEAR WHEN YOU AREN'T POSTING IRONICALLY FUCKBOY. IT READ LIKE YOU WERE BEING CRITICAL.

Lol, you have no argument.

Then don't buy any coins and be left behind. I couldn't care less how poor you choose to be.

There's an easy step by step full guide on how to invest in XRP that I found helpful

bitpam.com/blogs/cryptocurrency-guides/what-is-ripple-how-do-i-buy-ripple

Also the +2500 member bitpam Veeky Forums cryptocurrency trading/mining/coding discord server is a great place to learn more about crypto and stuff related

discord.gg/VpPrGmF

this, I genuinely don't understand the people who come here in an attempt to shit on the entire ecosystem without even the faintest of understanding. It's either >muh gpu prices or >missing out, that's it. Anything else is incomprehensibly retarded

If they are all scam start ups why does Eth matter then?

t. guy who never bought anything with crypto

>>Can be spent internationally without conversion.

>Needs to be converted to Fiat. Crypto has zero value outside of exchanges, just like Casino chips and arcade tokens.

That doesn't disprove what he said. I paid a girl in another country .1 btc just to send me nudes because I was bored and she was hot. Do you know how long it would take me to do that with fiat? I'd be lucky to transfer it in under a day. And then she'd have to wait a longass time to make sure I couldn't charge back.

Biz at Dave and Busters talking bonuses over steaks

Not true.

Anybody who legitimately thinks grassroots decentralized currencies and fringe idealists who invest in them > literally every powerful institution on the world needs to pause for thought. It's only a matter of time until our current coins are worthless and we are paying for shit with Fiat backed digital JpmMorganNatobucks

The world is full of secret clubs doing secret things for either their personal gain or ideological doctrines. Most people remain completely unaware of it, but as we are talking a financial war is being fought behind the curtains of the political/financial theatre.

A long story short, it's between those who strive for centralization (aka NWO), and those in favor of decentralization (Nationalists). Criminal elements are involved in both factions and the game is getting nastier by the day.

After decades, the white house has become throne to the nationalist faction again. Expect a lot more decentralization in every way imaginable.

Dont stare yourselves blind on names or shallow definitions such as "nationalist" or "globalist" tho... it doesnt even begin to cover whats going on.

OP is right. Hold. For the love of God... hold. You are literally involved in a wealth transfer. By holding crypto's, you are effectively taking away the power held by just a few banking families.

It is far from over.

Btw, hi OP. Stay strong.

Is someone in Australia going to be running JPMorganCoin nodes? I think big corporations will attempt to make their own crypto but they will be unable to leave them properly decentralized. Either way I'm not concerned, because I could easily just invest in the corporate coins when they come out.

Human energy is what lies at the foundation of ALL wealth. If a human decides to add value to whatever he or she deems it to be worth, it will be so. Money and crypto's included.

Break the conditioning. It's part of the process.

You're the kind of person who believed five years ago that BTC was a joke that would never be worth more than $5 (unless you only just discovered crypto three weeks ago, which is also likely), and you're the type of person who will be wrong about absolutely everything about this five years from now too.

It's OK, you don't get it. Stay poor, airhead.

Actually only bitcoin matters, retard.

Eth is a premined centralized scamcoin shilled-into-orbit

I've bought in recently. I think there is room to make money in the short term. The long term prospects are pretty fuzzy. For crypto to continue to grow as it has been in the past five years you need a massive shakeup in the global financial system and geopolitical structure. Nation-states and a few large banks will crush a legitimate threat to their financial structures.

There are some serious obstacles.

That entirely depends on who runs the nation-state. Who holds the political power.

I disagree that you need a global catastrophe for crypto to continue growing. I think simple adoption is more than enough to continue the growth that we've seen. There are only 17m BTC wallets and most people have quite a few.

Historically control freaks find power. Ideologues are killed off.

Or they can profit from it, use it.

There won't be large scale adoption of BTC due to its highly unstable price. Governments would be issuing their own crypto instead.

On the contrary my friend. The hegelian dialectic is what fueled the great historical events. There are historical facts (the thesis and antithesis) and there are the historical truths (the synthesis). From alexander the great and the Khans to the french revolution... all happened in the name of one particular ideology. Without it, mankind would have known perpetual peace for thousands of years now.

The highly unstable price is a result of relatively few people using it. A government crypto will have the same volatility with whales manipulating prices for fun. If anything it might attract more whales due to hedge funds perceiving it as safer to hold btc.

safer to hold than btc*

>You are going to make it.
I really hope so, user. I really do. I just dug out my childhood Lamborghini Diablo hot wheels car from 1999, have it sitting on my desk now for luck. Pic related.

How to get started with Crypto?

Gemini is a good combination of user friendly and low fees. Also it's run by the Winklevoss twins so it's relatively reliable.

damn son thats a sweet ass hotwheels car

good luck

I'm gonna sound like a retard but I don't "get" crypto. What do all the smaller coins do? Like the stuff that isn't bitcoin. How does it have value?

Is it just how much people pay for it, even though it isn't really worth anything?

Am I over thinking this entirely?

I'm new to crypto as well

There's a great guide I found that literally explains everything step by step, just requires you to read it

bitpam.com/cryptocurrency-trading-guide

The +2500 member bitpam Veeky Forums cryptocurrency trading/mining/coding discord server has also helped me a lot

discord.gg/VpPrGmF

Most of them have zero actual use, just some potential. The stuff we say about the white paper or the use cases is just a little game we play with ourselves and to give an excuse for buying them. The only reason to buy them is in the hope that someone else will think he can game more money out of it than you can, and you sell it to him. If you do it right you walk off with bitcoin and he ends up holding the bag.

>How to make the bag holders get fucked again 101.