9 LONG YEARS I have waited for this day, ever since bitcoin was thrust into the public spotlight.
You see? I have researched the shit out of bitcoin. I knew it was a scam. I have a degree in Finance, and I know that a commodity designed to have permanent deflation can never function as a means of exchange. It was obvious this was some scam by the creator, who has been waiting to dump all his worthless bitcoins at the peak of the bubble to become a billionaire at the expense of millions of suckers.
What I did not know is how long the bubble was gonna inflate before bursting.
So I waited. 9 long years.
9 years of seeing normie friends and family without the most basic knowledge of finance pour their entire life savings into little bytes of data, against my advice.
9 long years of seeing them flaunt their meager "earnings" and mock my efforts at studying and actually understanding finance.
9 long years of seeing mouth breathing idiots buying into a classic asset bubble, think themselves financial geniuses for their folly.
Well, the day of reckoning has come fuckers. You should have listened. And this is only the beginning.
I will sit back and enjoy watching your earnings dissappear into nothing.
You should have listened.
You should have known wealth creation cannot happen without a real-world, productive activity behind it.
You bought little electronic bits and bytes, trinkets, the snake oil of our generation.
I have $1.4 million USD in assets. How much do your shitty bitcoin savings amount to? Current value please, kiddo.
Nicholas Parker
You're going to post this again in January 2019 aren't you?
Nathan Gonzalez
Sotashi?
Kayden Gray
Preatty sad and pathetic desu, hoping for people losses. Well in the end you are the fag who will lose in the end, you and your fucking money made of paper
Julian Sanders
hmm i have 423MM USD suck a d and kys faggot norman
Julian Cook
>You see? I have researched the shit out of bitcoin. I knew it was a scam. I have a degree in Finance, and I know that a commodity designed to have permanent deflation can never function as a means of exchange.
Ahahaha, you fucking idiot. BTC is not the means of exchange coin anymore. BTC is now the store of wealth coin.
Jason Ramirez
what if your friends sold before the crash and basically just had a better life than you?
Lucas Stewart
Paper that you can exchange for goods and services anywhere at stable prices and use for real investing
Mason Parker
so you waited 9 years to write this when 1 btc = 11k$
iam fine with 11k$. it was 1k$ last year in jan
Ryan Hill
No, you're a little kid. Otherwise you would have made this post jan 2014. When an actual crash happened and you would not make a fuss of the Total marketcap going back to the level of dec 2017. Bye.
Grayson Fisher
Let's see who really got the get
Julian Torres
Yet you are here shitposting. Tragic.
Joshua Hall
That's not actually a lot, my dude.
Jose Sanchez
So you admit it's not a currency? (Its stated purpose).
Then it's worthless. An inferior store of value compared to commodities like gold or wheat, yet somehow it's worth more.
The market is just correcting to price in this reality.
James Garcia
You realize if you bought 9 years ago, even if you didn't sell at the top, you'd still be killing it, right?
Mason Parker
drink bleach and stay poor
Jace Moore
Why didn't you listen? We warned you, you could have avoided this.
Jeremiah Walker
Let me get this straight You watched bitcoin when it was worth pennies You watched bitcoin when it was worth dollars You watched bitcoin when it was worth tens of dollars You waited that whole time Just for this moment that you could laugh at those who bought bitcoin?
Landon Taylor
OP forgets that BTC has corrected over 50% multiple times in it's history.
>yea but this time is different!
kys weak handed, and nocoiners
Justin Wright
Let's see if we can outsmart this guy by counting to 10. I'lll start:
1
Dylan Lee
>wheat >a crop that can spoil as a store of value
thanks for confirming you're retardedness, you can pack up this thread now
John Jenkins
2
Logan Stewart
>meager "earnings" You're funny. Even if bitcoin fell to 1000 I'd still be in the green. Stay buttmad.
Nathaniel Rivera
>while you cashed out 100k earned from hodling... i studied the finance... and now you have the audacity to come to me for help?
Brody Bennett
That’s it?
Austin Bell
>the absolute state of nocoiners KEK. Some master of finance and you don't even have the foresight to 1000x your measly $1mm even after crying on the sidelines. Seriously, stay poor.
Christopher Sanchez
3
Hudson Campbell
While all of that happened, I made a killing on futures. (Oil, gold, wheat, soybeans, platinum, gas) A much safer bet. But actually hard work since you have to research the market fundamentals and follow what happens.
Meanwhile Bitcoin's fall will continue.
Oliver Murphy
Finance professional here. I knew it too. It's been truly fascinating watching this bubble grow and pop in real time. The madness of crowds....
Michael Green
ayyy, I remember this meme from years back
3
Michael Watson
Good god you sound like the world's biggest faggot. Do you talk as homo as you type?
Ian Edwards
Futures are for retards.
You would have made more money with less risk on Cryptos.
Evan Sullivan
tldr nocoiner salty that I've cashed out more money that he will earn in his entiry fucking life
kek
Henry Ramirez
Sounds like it will be the new federal reserve of future money once the central banks die.
Logan Flores
>I watched an asset increase 10,000x in value and laughed at people instead of buying in >FOR 9 LONG YEARS >Those people are the idiots by the way Imagine being simultaneously this smug AND this dumb
Bentley Howard
4
Ayden James
>degree in Finance kek finance degrees are for retards try maths, stats, physics if you want to make it on the stock market
Asher Sanchez
Actually you still lose and are not right until the price goes below what the price was 9 years ago.
Adam Robinson
i second this comment
+kys op fcking wage cuck
i've already cashed out more than you will have in your entire liftime
If you were THIS smart you would've bought 9 years ago knowing the price would increase insanely fucking retard you litteraly know 0 of finance
Mason Davis
ITT OP thinks he is smug for being a nocoiner "what's forex?"
Zachary Rogers
5
Ayden Morales
You won't be laughing when it hits $100 USD.
Stay comfy, wait for the rally. Sucker.
Jordan Adams
While I enjoyed reading this and also enjoy schadenfreude, if you bought BTC 9 years ago you'd be up on your investment...by a lot.
John Martin
Lol, my dick is still harder, bigger and actually makes girls cum. Limp dick faggot.
Connor Kelly
>I know that a commodity designed to have permanent deflation can never function as a means of exchange
What are you on about idiot?
James Brown
...
Tyler Moore
No wonder after spending 9 years watching, you are still unemployed
Wyatt Jenkins
nice larp op
Dylan Hughes
What makes you think it will even go that low?
Besides, plently of people have already cashed out 10x your lifetime earnings and already retired. You could have been one of them, but you chased the imaginary financial markets instead.
Asher Smith
I really hope you're larping, because if you aren't it's pathetically sad that you're posting this shit on an imageboard. Even with $1mil you are worthless.
Ian Cox
"What's Forex?" "What are derivates?" you don't know what you're talking about
Robert Smith
so if you knew all about this you bought when it was nothing and sold when it was at like 20k right?
Colton Morgan
>still 25x my initial investment if I cash out now >already cashed out half What now, nocoiner?
Logan Ramirez
But user, you know bitcoin is still worth 9k? Anyone who bought before September can sell for huge profit? I personally cashed out 300k today on my 4K investment.
Wyatt Lopez
unironically pathetic..
Sebastian Reyes
You Betta Shut yo Ass Up!
I have been mining Bitcoin Since 2014!! So Suck My Dick!
Wyatt Perry
9 years ago the price was $0.05. Today its $11,000. Reading your smugness I know you have ZERO CLUE how STUPID you sound
Bentley Hughes
Neck yourself no coiner nigger
Robert Smith
He said 1.4 mil in assets, probably counting 2 houses he has mortgage'd to the tits and vehicles.
Thomas Edwards
Great thread
John Lewis
How about thousand of thousands who cashed their x10000 during this 9 years? Lol, retard knew about crypto 9 years ago and did not earn a cent. Now disclousing his retardness in public, my Lord.
Brandon Green
He was too busy studying
Colton Howard
based gekko
Matthew Hughes
6
Nolan Murphy
Man, you missed out on huge gains by being a stubborn pedant.
I mean you really fucked up.
Gabriel Thompson
/thread
Ryder Lewis
But have you had fun?
This last year on Veeky Forums has seen this board actually grow into a thriving community that keeps bringing us back.
There has been countless laughs and memes as we essentially roll the dice with monopoly money.
We've been gaining and losing fortunes most of us aren't sure we'll ever be able to cash out.
While you sat there smugly looking at your framed degree in finance and planning how this year when you go to that Florida shithole again you’ll go to a slightly fancier hotel we've dreamed of drag racing lambos, penthouse apartments, and railing endless fat lines of white gold off the big booties of 10/10 Colombian whores.
We've been having fun user, have you?
Hunter Long
LOL best reply
Hunter Hughes
he doesn't have a degree in finance he is a larping faggot forex and derivates are 100% worse than crypto but he is still bitching about crypto
David Rodriguez
hahahaha
Nicholas Cooper
Cryptos are only slowing because the Chinese and Koreans are being assholes. The finance minister of Korea especially was being an asshole. "We may be looking at closing crypto exchanges, but maybe not." Can you imagine fi the government said "We may be looking at closing stock exchanges." This is fucking ridiculously. The bubble isn't popping, people are clamping down in it.
I also love how they say that this level of speculation isn't healthy when stocks are grossly over inflated. But no, that's OK because it's limited to the small number of people with access to that stuff.
Benjamin Sanchez
HEY, YOU Trailer Park Inbreed-Bitch! BTC will go mainstream! New World Order! One World Currency! You can Either Fight it or Go along with it and get rich! Lighting Network: BTC =1,000,000 The Future! :P
Jason Cox
And that's without even mentioned the level of housing speculation and loose credit that caused the 08 crash.
Juan Williams
>/tread
Nathaniel Fisher
>imaginary monopoly money >less risk
Easton Flores
Let me get this straight, you were researching bitcoin 9 years ago and didn't have the foresight to put at least a couple hundred bucks in it? Are you retarded?
Carson Lewis
I don't have a degree in Finance but all you said sounds obvious to me. It's the first thing I thought about when I heard about bitcoin. Maybe I have good intuition
Kevin Edwards
>I have a degree in Finance So does every boat shoe wearing faggot riding their dads dick all the way to the bank lmao. The Gordon Gekko larp you kids who get your dad to set up an investment account when you're 19 is fucking pitiful
Julian Harris
What kind of retarded mongoloid wastes their time making a thread as shitty as this one?
Jace Harris
It's better than the risky trading that was happening right before the 08 crash where people basically bet on people paying off their houses. At least some cryptos have ideas behind them.
Dylan Adams
You waited 9 years just to say you where right? That sounds really sad. I'll bet you that at the end of the year the entire market will have recovered and set new ath's.
BTC is also not a means of exchange anymore, it's interesting for Finance related workers because it has no correlation with the stock, real estate, bonds or PM's. So it's good for hedging once it becomes more stable. It's also a good store of wealth looking towards the future. You sound like you have no clue what you are talking about desu
Christopher Bell
>You should have known wealth creation cannot happen without a real-world, productive activity behind it. Are you seriously invoking labor theory of value right now? what a brainlet
Josiah Carter
confirmed OP sucks his bosses dick on a daily basis
Evan Sullivan
Everyone has access to stocks retard, and those businesses create value instead of wasting electricity for nothing
Dominic Hughes
>I have a degree in Finance
stopped reading right there, get out of here with your kike shit
Kayden Lee
You are right. Any internet money that is not designed from the beginning to not be inflationist or deflationist has no reason to exist, because it literally can not work as a currency.
Liam Gonzalez
...
Adrian Nelson
You're kidding right? Try getting access to the stocks of companies that get publicly listed. And that's without even mentioning the different tiers of stocks.
I mean yeah you can buy some, but you don't have real access where it matters. And you also have to consider that the insiders have algos worth millions that do the trading for them.
Isaac Cook
die faggot
Dylan Cox
>I have researched the shit out of bitcoin. >I have a degree in Finance, You have no idea what research looks like.
Jacob Martinez
That's literally pocket change to me now. I make that in less than a year by doing nothing. Sorry nocoiner, a little 40% dip isn't going to stop me when I've already made enough money to buy your entire family and put them in chains to be shipped off to the UAE 20 times over.
If you were half as smart as you think you are, you would have made hundreds of millions off bitcoin. But you're not, because you're a dumb nocoiner and I'm just smarter, better, and 10 steps ahead of you financially.