Is this the end of Bitcoin?

every single person here will have some retarded polarized view like "GET OUT NOW RETARD" or "HODL YOU WEAK HAND FAGGOT", but the hard truth is that not one of those people has any idea what's going to happen.

>its never lost 50% of its value
*you are here*
>its never run 300% in a month

>never lost 50% of its value.

I want to punch you stupid faggot

They havent gotten in though. Many are on waiting lists to sign up for exchanges, if the exchanges are even taking new applicants that is. There are still plenty who want, but are unable to, enter the market.

There are even more waiting for this awful bearish January market blow over.

>tfw your btc transfer costs 10x the amount of a bank transfer and takes as long
nice digits

lelele you delusionals.
Wall street will short every mong like you until it's at 200,-. Keep hodling.

It is over. The 20s, 40s, 60s, and hundred, and 1270 bitcoin buy orders I've seen get eaten were just dumb money.

this is what yesterday i tried to explain to a normal. not only that; Coinbase dont even offer anonymity for purchasers.

so whats the point in using bitcoin?

>b-b-but it’s internet money! It’s going to be the future!

Yesterday I transferred btc for $4 and it took less than 10 minutes

Lol, is that supposed to be impressive? The the hell wouldn’t I just transfer USD instantly and for free?

>10min 4dorra
wow this is truly the currency of the future

BTC transfers are fast and free

I will take all your bags

please, don't mention it.
It's my pleasure

1HYdKgsqBcivqo6Vt5GWY68ZYq4V97ty41

In the real world you have USD in hand for a purchase but to make that purchase you have to convert your USD to dogshit then buy with the dogshit. This is crypto atm.

Be careful if that’s connecting to any account that has your identity. People troll here for addresses, then post them on the dark web as associated with child porn. You’ll get a not-so-friendly visit from the FBI.

You think you're butthurt now, wait until this summer when it moons permanently.

>never a dip this large
I'm not sure if you are intentionally fudding, or just genuinely retarded. It has had 90% dips.

log scale
nice try faggot

been seeing normies on the news talking about how it's the end of crypto
that means they know something

Poor thing. It's retarded.

Went from $30 to $1 and back, went from $1000 to $250 and back.
Just stay poor, please. I will need a shoeshine boy soon.

what exchanges? sounds like bullshit, you'd be a millionaire just like that

>bitcoin will go up forever now that i own some

Bitcoin will die soon, but that’s ultimately a good thing because it will allow better alts to take over.

In 2011, everyone was touting the benefits of bitcoin as being mainly:
1. Decentralization/trustlessness
2. Privacy
3. Low fees

These held true back then. When it first came out, Bitcoin was decently decentralized, fees were almost nothing (in USD terms), and people didn’t anticipate that exchanges and governments would catalog and store the owners of every bitcoin wallet. Satoshi probably didn’t anticipate that mining would become as centralized as it is now due to ASICs.

We’ve known for a long time that bitcoin is fundamentally flawed, yet it remains king because it was around first, and it managed to entrench itself as the de-facto reserve currency of crypto that all the alts base themselves on.

In order for crypto to reach its full potential, bitcoin must die. It will be a long and painful process and all of our bags will bleed but in the end it will be better

+1

Because fiat is literally worthless you money based on infinite debt you pay simply by holding and paying with it. Fiat = slave tokens.

>muh income tax
>muh tax on labor
>muh tax on goods
>muh tax tax
>muh processing tax
>muh handling tax

Bitcoin can be upgraded

It has also never been this universally recognised before, hey look I can state completely irrelevant facts too. Crypto is the future, even if it isn't I believe enough in the concept to hold BTC and other anonymity focused coins.

>put fiat in bank

>it loses value just by existing due to inflation

>endless bullshit taxes and fees that your bank makes up as they go

Fiat isn't your money. Fiat currency is like coupons that expire.

>either / or
that's the american way

Nobody is arguing that, it does however at least have the potential to 10x, once for-profit stock traders realise crypto is far superior in every imaginable way.

>it never lost 50% of its value
you fucking dumbass, it went from $1300 to two hundred fucking fifty american dollarydoos in a span of two weeks in Q1 2014

To be fair, most cryptos are also inflationary.

To keep your money out of filthy Jewish hands.

>muh tron is backed by the whole economy of asia
I can't hear it anymore, you subhumans never learned the very basics of economy it seems.
Greenback will still be there when every one of your shitcoins returned to zero, get over it thicclet.

go back to pol brainlet.
Do you know who bought into crypto during that massive investment crisis and all that cheap liquidity provided by QE / central banks?
It sure wasn't you.

oh god.
How are you using computer?

I know exactly what will happen. Humanity will conquer the stars and spread life across the galaxy in the name of Christ and Bitcoin will eventually win the cryptowars.

Ok thanks you too 1KKWjZh95MfmBbyaUGXxmZAUnzTc8iWjJK

Doesn’t mean they’re holding your money you dumbass kike faggot

>Mt. Gox

...

All the normies who got into bitcoin craze in December and bought BTC at $20k ATH

Look at the volume difference though

Bitcoin volume was just ~4% of todays volume

That is a massive increase and multiplier for all the network effects, etc.

the cycle remains the same, though. I expect btc to bleed out for the better part of the year to be honest. This is all controlled by AI trading bots, which is why it is so self-similar. Sort of a self fulfilling prophecy carried out by the bots based on previous data.

WTH are you dipshit talking about? The mempool is clear. You can get a transaction through with 1sat/byte fee in 2 hours.

as of right now the average transaction cost is $7.30

>Bitcoin can be upgraded

Bitcoin is fucking dead. Devs could've prevented bcash by changing the block size but they didn't. Muh decentralization LMAO btc is not decentralize to begin with. Corecucks literally killed their own currency and made skeptics convert to bcash. Weeks ago it took $20 just to make a transaction. That is orders of magnitude higher than any payment processor in existence.

>muh lightning
Literally centralized bitcoin lmao corecucks do it again.

The king is dead - (enter ethereum) all hail the new king

>buying btc for anonymity
Your a retard you buy xmr

It can dip to 63% hell even 100% and still go to 100k$ dollar long term.

He's talking about the dip from 1200 to 250 tard

i overheard some people at a coffee shop the other day saying bitcoin is creepy
.. creepy and wierd. Sell all bags now!!!!!

First they ignore you..

2018 is the year crypto died... thanks to tether

you really have no life, don't you?

normies came and went, who else is going to hype it up again?

some men just want to watch the world burn

mt gox dip was much harder and lasted longer

>
Everyone that doesn't have pants on their head knows it's buy time.

Oh ima laffin'

People like me that have sizable fiat are still buying.

Just not shit coins like BTC.

Everyone is looking at EOS and ETH right now.

Lightning is bullshit, if anyone wants batching to single nodes we already have that as our financial system. BCC is garbage.

fuck off faggot, user is right: the Tether scam is the reason why we are crashing

Seems like one scam after another tbqhfamalam

>tfw I was poor in 2013 and could only afford 1 BTC

I'm pretty worried guys. I was thinking there might be one final sub 10k dip to end off january but now it is hovering just below 10k making me think it could dip even lower

no faggot this is a shakedown and when the news hits that tether is solvent ... 25k ath

see you later broke asses

no it isn't. It is just one aspect of the crypto ponzi scheme losing appeal because it is mere speculation without real world applications beside drug trade, pedophilia and scams. Crypto is just the pipe dream of a bunch of cringey liberterians who are desperately looking for a way out of the mess their parents created, ignoring the obvious solution, exterminate Boomers and rob them blind

in the past, there were reasons for it shooting up.normie money coming in, stock market investor money coming in, tether boost, media shilling it. all of that is gone now. there isnt any legitimate reason for it to go up ever again. im trying to think of an apt comparison here. its like when computers first came out, and people with typewriters were like, "just wait, people will start coming back to typewriters soon, dont worry guys"

oh look bitfinixed fag baiting for attention

some wallets are pants on head retarded and send with too many fees