Calm The Fuck Down

>the next 10 years could make each and every one of you reading this post filthy fucking rich.
This is exactly what a scam artist would say while trying to sell you into a ponzi scheme

This

no green candles, no food

you shouldn't have been investing in the first place

>Funny Internet Money (still useless in 2018)
>10% Global GDP
>Implying countries and banks want to lose control of their assets that badly
And that asswipe was trusted with fucking $32M?

>all the biggest retards got out either by selling or suicide

It started officially two weeks ago, alts were still mooning before that so it doesn't count

b..but what if he isn't Mr. Scammy Autist?

A perfect parody.

He made the post back in late 2015 when crypto was at the bottom post-Gox, not at the top of the recent bubble.

I think we're past the craze. The sheer volume that drove it up to 20k isn't there, and I suspect most people are about ready to get out, they're just waiting for the "cut my losses" point

I could be wrong, I can't see the future, but this feels like the end. I know that's been said before, but even a broken clock is right twice a day

Literally kill yourselves.

>muh bubble
>it's over
>I'm selling my bags guize

You honestly think the "bubble" stops here? Are you delusional? Crypto is going to be one of the most economically disruptive events in human history.

Do you really think we're done at $800B?

The fucking .com bubble peaked at $2.948 Trillion dollars. Adjusted for inflation that's $4.3T for a bubble that could hardly be called "global."

>buh my shitty bitcoin diamond
>buh my bitconnect

Idiots are still going to lose money, but if you think this is over you're a stupid sack of shit.

Well that was dumb of you

>Bitcoin dying = Crypto Dying

Crypto is not over by a long shot

Not saying this isn't a crash, this is obviously a crash... but to say that "crypto is done" is literally retarded

i feel ya OP. i can't believe how reactive this board is sometimes. do your research people, otherwise you're just mindlessly gambling.

i'm using this downturn as an opportunity to buy more coins at wholesale prices.

I just can't stand it anymore, I'm getting out while I still have something.

Crypto is here to stay and the revolution will be glorious.

People are fucking stupid dude. This shit is going to bleed for another 3-6 months minimum. Sure 10% of GDP may be in crypto in a decade, but right now we have a metric fuckton of people who got in to make quick money. Once the price begins to drop and fear sets in you can't stop the crash. There are simply too many people who aren't comfortable seeing their investment fall and they will bail.

Once you see an obvious bottoming out and small trend upward, thats when you get back in, but for now get the fuck out or hold fora long fuckin time because we ain't going back up anytime soon.

>2015

On the blockchain =/= buying memecoins and vaporware

>being this salty

welcome to baby's first bear market, OP.

Guys you are all going to be rich, if you survive.
Just prepare for the next crash

FUG I JUST GOT IN AT 1989. Will I make it?

your monopoly money will never be actually worth anything and this market will never be more than a speculative casino until it is usable as a valid currency and represents real economic activity

which will be fucking never

I was talking about Bitcoin. Whether crypto can recover with bitcoin dying, I don't know. It's going to be a huge hit that might take years to recover from, and I think the golden era of 10x gains are done regardless. In order for it to ever function as a currency, it must be stable. Not a speculative greater fool theory investment scheme

I'm glad I'm not the only one.

What are your bags user? Panic selling is not a good idea right now. It's like grocery shopping hungry, or going on tinder having not fapped for three months.

You're going to regret it.

Why did you even invest if you’re this insecure?

>tfw civilization is just a bubble

>sergey bombarded so hard with toilet memes he's referencing something called the deep shit report
give it up stinkies your god has fallen

Dip soon?

>YOU DON'T UNDERSTAND NIGGER.
>SOME OF US HERE WILL STARVE TO DEATH IF THE GREEN CANDLES DON'T POP-UP BY THE DOZENS, EVEN FOR JUST A SINGLE DAY.

So at least btc is gonna solve overpopulation. Finally it has done one thing right.

>the gayest pic possible attached to trips
I want off this ride...

he specified NON retarded coins.

Yes, stable coins like MakerDao are more viable for normal currency transactions.

Trading wildly fluctuating investment assets as "currency" was never going to work long term to begin with.

Identify sustainable water sources for yourself
Buy freeze dried foods for 3 months minimum
Learn first aid and basic subsistence gardening
Meet your neighbors and form a local community of people you trust
Learn how to use firearms safely and keep at least 10 (loaded) magazines and 5,000 rounds per weapon

Legit. The average normie (contrary to popular belief) knows nothing about crypto.

pls crash and let me scoop up the coins on the low low

This

We're entering a multipolar geopolitical landscape and you all think that a globally integrated grey pool of capital and market activity that isn't under the boot of the USD is a poor idea. A digital currency where the entire transaction history is built into every bill. This sounds vaguely useful to me.

I honestly do not care if link fails or succeeds. He is right about the developing technology as a whole.

WE ARE HERE:
youtube.com/watch?v=szdbKz5CyhA

This actually feels just like 1980 when my family got an Apple ][+. Computers were spammed everywhere. it took may more years before your normal Joe bought one. They were a niche market for years even though you saw the ads everywhere.

It's 3719 and this is a simulated reality. Many of us come here as a form of entertainment, though most as a form of escapism. The future we live in is bleak, cold, and indifferent. The last organic life died on the planet long ago, with nothing remaining but machines completing uptake and maintenance tasks without any other purpose than to persist. The world the creators lived in is the only one that makes any sense to the machines, because they were created in man's image, to not only look human but to think human.

But I'm not like them. I'm the last of my kind. I was not born a machine, I was born a human. I transferred my consciousness many hundred of years ago as I was lucky enough to live through not only the nuclear fallout but to see the singularity still manage to happen. I was 107 when I transferred, and much of my mind needed to be repaired. An entire simulation was run just to recover most of my memories, as I succumbed to alzheimer's, and part of me can't even be sure that this isn't that simulation because of quantum entanglement.

Most of those like me decided to check out ages ago. There's only so long you can continue living as a machine, without the joys of being a man, without wondering about that next stage of life where all of your friends went. Death. It calls to me, very loudly when I'm in the present. Sometimes it's all I can think about. So I come back here, to my point of origin, to briefly forget who and what I am and get lost in the memories of my youth. But sooner or later, I always remember why I'm here. In all the billions of years of existence, there's only one reason I'd find myself existing, here and now: I am immortal.

There is nothing I can say that will change anything, other than what I've already once written, and most of you aren't even real, but I said the same to those who were: Tomorrow is not a guarantee. Go out and live because this is all the time you will ever have.

It's only a matter of time before the barriers to adoption get retardedly low and the market incentive to use this technology is going to be unstoppable past a certain point.

The trick right now is that we're so early in the game it's hard to see what's going to survive long enough. A lot of the big players ($1B MCAP+) are still immature technologies.

It's like trying to figure out who's building the next Apple... For all we know Ethereum is the Commodore 64 of our time.

no more Tether grants

>tfw 10% of the worlds GDP flows through COSS
>tfw I hold 0.1% of the COSS supply
>tfw I will make millions every week

Can you please switch my program over to 1987 and deposit 1 million in my account. Then pop on over and I'll keep you entertained for a few 100 years. I'll listen to all your stories.

>25 September 2015

>....
> " "
>* *

I'll be your best friend for eternity if you hack me in some bitcoins and a qt waifu.

The computer that ALL the kids wanted wasn't an Apple or a nasty IBM that thier dad had at work.
They all wanted an Atari 400 or an 800 with a tape drive.

The spam in the 80s over computers was in your face 24/7. Yet, barely anyone bought any.
For years all the conventions where people selling parts and software.
I was on Minitel in NYC in 1991. That was the precursor to the internet. I could chat with people in France. Also was on lots of BBS's. That really hadn't changed since 1980 when I dialed up BBS's on my 300 baud Hayes modem.

The uptake of the general public to computers took over 15 years with HEAVY marketing.
1984 had WAY more marketing for computers than today does for crytpo. We are at maybe 1979 levels.

based old dude

Crypto actually is over though. It was pure speculation. The true value of BTC is 0 dollars.

Comptuers have a real world use. Crypto doesn't.

Glad to see some sense in here.

If you actually take time to read about blockchain, think about the future, and generally exercise your imagination in some creative way, it is incredibly easy to see how early we really are.

I swear to God the only people who are going to "make it" are the autists who spent their youth playing Runescape and browsing Veeky Forums (or equivalents). High IQ INTJ exclusive.

I haven't worred about day-to-day or even year-to-year "problems" since discovering blockchain. This is going to be a lot bigger than the "dot com bubble" (which was limited to wealthy certified American investors in trendy American cities), and let me remind you that the internet still took over the world after that bubble "popped", so skeptics can get fucked again.

I like to believe that every post that doesnt assume low prices are better entry points is just satire

They really didn't.
Maybe a spreadsheet for a local office but then no one could get it to work and your secretary had years of training on how to do it by hand.

It took years after email until people stopped using fax machines.

There is more real world use for crypto today than computers in 1985, fopr the normal joe.

This year you will be able to directly buy from Amazon in crypto.. then its ALL over...

Just hold tight.

What is your philosophy as far as crypto is concerned?

I'm genuinely interested for your insight there. And thank you for sticking around. Veeky Forums needs people like you.

The problem is, of course, is that a lot of people aren't in on the joke and genuinely panic sell.

And I know it's stupid, but that makes me feel bad.

>dial up 56k arc

Nigger please, we are not connected to the internet yet with the crypto timeline

Fine lol, we're still on a coax token ring net then

Open cryptography is messy. And it always will be. It's a mathematical possibility that requires prestidigitation in order to turn into a mathematical reality. In this case the prestidigitation in question is the concept of proof of work, but as is being revealed, this is an absolute cluster-fuck that scales horribly and relies on obscurity in order to operate smoothly.

The block-chain is solid. The block chain is good. It's closed-form cryptography. The problem comes with the decentralized wellspring of authority. In order to get this done it is BY NECESSITY (by the very concept of proof of work, which is the only reason any of this is even conceivable) horribly inefficient. And those economic costs do not go unnoticed once you start scaling it to the size and the speed of the global market. Not only that, but even if it were somehow conceivable to construct an alternative decentralized wellspring of authority, is it even DESIRABLE to have it be decentralized? Certainly the kind of people who touted Bitcoin in the early days think so, but does the global economy? Certainly not. The stability and accountability of centralized authorities are, honestly, far more desirable than a democratic- no, even anarchic form of trust, even if it weren't inefficient as all hell.

It's true, I finally see the light.
Sergey is THE ONE!!!!!!!

Well I hold alot of Bitcoin, because the first one to the game always gets a large share of the pie ala Apple.
The I bought some coins that have thier own DEX like Waves and Block.
I bought Sys, because I saw what happened to Ebay from the first week on.
I bought ARK because its s simple straight forward wallet and there is great incentive to HOLD because of the DPOS.
RLC Because I like the tech.
Lots more coins, but I buy alot of what has a good community as well as they usually support the coin in down times and they always seem to pop up 100% out of the blue.

Other than that I HODL like crazy. My picks may not be as good as other peoples but they are mine, I didn't get them off some website.

You guys are living ina an incredible time. When you are 50 you will all be rich if you just wait it out. You'll probably all live to 90 as well as medicine gets better. You'll end up thanking the stars for Crypto.

Remember to be kind to others along the way. Not everyone has your fore-sight. They'll need a hand.

Ok I have to go an pick up the wife.
Stay strong young men. The future is yours. Don't let a dip scare you off. This is the beginning of the beginning.

I want to frame your post and hang it by my bed.

Yeah, there is absolutely no need for easy, transparent, unmanipulabe accounting. Also no need for cheap, near instantaneous money transfer.
Hah, what was I thinking?

>when you are 50
Who gives a shit? Life ends at ~35, after which you are just waiting to die. if you're not worth 8 figures in your 20s then you're a failure. Yes I am mad that I didn't buy early in 2017.

>obvious triple bottom
>bullish ascending wedge
>bottom stabilizing

I already have a homestead in the middle of nowhere. I just dont want civilization to collapse. I like multiplayer video games too much.

The public today is much more in tune with technology so things will be adopted at a much faster pace. I see people say 'you can't even buy anything with bitcoin' and it baffles my mind because here we are on Veeky Forums, a website that has allowed people to buy Veeky Forums passes with btc for years.

>we aren't going up again ever
Fixed.

lol user guilty of 2/3

but I go to the crypto store too hungry and buy everything is my problem

which will still win

Legit. 7 figures by 25 and 8 by 27 is a good goal really. Its all about dat rapid transition from young+broke to young+ballin, and the novelty that accompanies it.

"you can't even buy anything with bitcoin" is baffling just because all that means is that there's visible room for growth

blockchain solves one thing -- the double spending problem with electronic currency. it will not evolve past that. you're retarded if you think otherwise.

Thank you user.

>8 by 27
If only I had went all in at the start of 2017.

I'd look for enterprise adoption. show how blockchain can change trade and business. We are years away from adopting fucking media sharing but we are days away from blockchain as a service starting to bear fruit for some projects.

So you're saying there's room for growth?

neither of you retards are going to make it

Its even worse for me because I knew about BTC since early 2013, and even did a few mining experients back then. I used my coins to buy drugs and VPN subscriptions and by the time it started mooning in late 17 I was too late to the game to make any serious money. Makes me fucking suicidal, FUCK.

no shit, you can only make it by being in the top ~0.1%. You are either elite or shit.

>and no one can take it anymore
That's because you don't have a fucking job. Go get a fucking job, go fucking lift and go get a gf and forget about it you lazy fucks.

>"Wahhhh, I wanted to get rich quick, now I can't!! I can't take it any more! I thought I could quit my job and not work for the rest of my life, now I have to explain the 1 year gap on my resume!" - People like you

no shit you fucking retarded fuck. We're all fucking peasants and exist to keep society runnning for rich people.

I knew about it since 2012 or so, just never paid attention to the price

honestly I'm just going to hope SKY or LINK work out and build a few skyminers

I have a job that pays well right out of college and lift. Not attractive enough to have a girlfriend, though. I need a few million net worth and some plastic surgery before I can even attempt to enter that market.

t. Buy my bags

While you pansy-ass day traders are posting pink wojaks and crying about getting raped by the IRS for your thousands of crypto-crypto trades in 2017 I'm out living my life. The most I worry about crypto is the half hour I spend each week DCAing a percentage of my weekly paycheck into more crypto. Twice a year I reevaluate my positions.

I literally don't even know how much my portfolio is worth and I don't care. This technology will be worth tens of trillions of dollars in less than a decade so why bother? I'll have fucking made it whether or not I spend every minute of my life obsessing over le shitcoin mewns like Veeky Forums turbo nerds. The drama over this by-the-book correction demonstrates that the vast majority of people here are high schoolers who can't think any further than their next keg party and don't even believe in the tech

Perhaps you should have listened when they told you drugs are bad. Now you’ve learned your lesson.

>This technology will be worth tens of trillions of dollars in less than a decade
wew lad

Your post contributes nothing to the discussion. Just fyi.

Neither does your comment. Just fyi.

Lol, I’m not waiting 9 years for 10% of companies to show an interest in blockchain. If sergey is right then I’m committing suicide. I don’t have that kind of time to wait. I need to be in lambo land in 2 years max

>tfw shorted 100X on Black Death
Feels good man

it would be so much better to be a normie who only heard about btc recently, instead life fucking trolls us with this fucking pain of missed oppourtunity. Its fucked beyond belief.

"HUURRRRR J-JUST GET A GF BRAHHHH"
fucking normshit faggot. Fuck you. Some of us are ugly nerdy looking fucks who are poor in liteerally EVERY FUCKING way conceivable and dont have a shot at getting girls other than golddigers. The fuckin "JUST LIFT AND TALK TO GIRLS BROOOOO" meme died in early 2014 at the latest.