bitcoin keeps climbing, normies get involved.

Talk about the internet itself instead of people.
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Re: bitcoin keeps climbing, normies get involved.

Post by Guest » Tue Jan 23, 2018 5:54 pm

Guest wrote:
Mon Jan 22, 2018 11:35 pm
I dunno. Red Pill Reddit is pushing everyone to buy bitcoin because women are apparently not into it. Girls are so icky!
Its also because they are running a pump and dump scheme because the vast majority of the alt-right and neo-nazi guys like the daily stormer and Weev have their entire operation going on bitcoin. Weev made a million dollars during this whole bitcoin bubble in December for example.

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mad bum
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Re: bitcoin keeps climbing, normies get involved.

Post by mad bum » Tue Jan 23, 2018 8:26 pm

Guest wrote:
Tue Jan 23, 2018 5:54 pm
Guest wrote:
Mon Jan 22, 2018 11:35 pm
I dunno. Red Pill Reddit is pushing everyone to buy bitcoin because women are apparently not into it. Girls are so icky!
Its also because they are running a pump and dump scheme because the vast majority of the alt-right and neo-nazi guys like the daily stormer and Weev have their entire operation going on bitcoin. Weev made a million dollars during this whole bitcoin bubble in December for example.
Yep, reddit wants you to believe that having the price of bitcoin falling is a good thing, because it helps protect there investments.

These are probably the same people that bought it super early, so they have really nothing to lose. Honestly I feel sorta sorry for the normies who bought in at 17k because they got taken for a ride with the "it's only going up from here!" nonsense.
"Dude, 5 moves, I'm sitting on your arm until it's snapping. But to each their own."

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Re: bitcoin keeps climbing, normies get involved.

Post by Guest » Tue Jan 23, 2018 9:03 pm

Oh hell yea, for the /b/ tards who were throwing bitcoins around back a decade ago on trivia challenges and porn requests some of them probably have gotten stupid rich. Back then it cost 10000 bitcoins for a papa johns large pizza so it was like throwing korean won or japanese yen around.

I wish I had been ground floor on that! I was always afraid I was going to get scammed.

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Re: bitcoin keeps climbing, normies get involved.

Post by rabidtictac » Wed Jan 24, 2018 10:07 pm

mad bum wrote:
Tue Jan 23, 2018 8:26 pm

These are probably the same people that bought it super early, so they have really nothing to lose. Honestly I feel sorta sorry for the normies who bought in at 17k because they got taken for a ride with the "it's only going up from here!" nonsense.
That's always how it is. If you buy in once the news is out about something, you're already way too late. :lol:

Poonoo has it right. Buy in once the price hits the lowest point you think it will go. It might STILL go lower, but that's investing for you. You can only make your best guess. But never ride a hype train.

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Kugelfisch
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Re: bitcoin keeps climbing, normies get involved.

Post by Kugelfisch » Thu Jan 25, 2018 2:14 am

Speaking of bubbles and Dotcom, Kim Dotcom is starting up his own Bitcoin broker service soon. You could pay Megaupload with Bitcoin back in the days, you know?
My guess: He's got loads of Bitcoin. Remember that there's one person that holds over 5% of all existing Bitcoins. I wouldn't be surprised if that was him. He'll launch that broker service, try to get the hype going, Bitcoin will rise to obscene amounts and then, well, it depends. He'll either make enough money just with the broker service or, if that isn't enough or there's another crash coming, will pay himself out and in the process tank the value like crazy to cause a real hard crash.

Just like in the good old days! He helps create a bubble, lull fools into it, cash out big before it bursts and he'll be the laughing, fat, rich fucker.

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mad bum
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Re: bitcoin keeps climbing, normies get involved.

Post by mad bum » Sun Feb 04, 2018 9:03 pm

So bitcoin currently sits at 8k and predicted to go down lower. Suddenly the shitposters like us are going out and telling people that they are idiots for buying so high, and the HOLD HOLD HOLD mentality is suddenly pretty silent.

What do you guys think? I think 5k by summer.
"Dude, 5 moves, I'm sitting on your arm until it's snapping. But to each their own."

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VoiceOfReasonPast
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Re: bitcoin keeps climbing, normies get involved.

Post by VoiceOfReasonPast » Sun Feb 04, 2018 9:12 pm

Could be 4k, or maybe lower.
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Re: bitcoin keeps climbing, normies get involved.

Post by Poonoo » Sun Feb 04, 2018 9:21 pm

mad bum wrote:
Sun Feb 04, 2018 9:03 pm
So bitcoin currently sits at 8k and predicted to go down lower. Suddenly the shitposters like us are going out and telling people that they are idiots for buying so high, and the HOLD HOLD HOLD mentality is suddenly pretty silent.

What do you guys think? I think 5k by summer.
I think it bottoms out at about 3-5k. It's not going back to 1k because too many people know about it now and too many people are in too deep with their bitcoin mining shit for the demand to return to what it was. I'd honestly wait until we find out what governments are going to try to do about Bitcoin, with South Korea threatening to ban it entirely and the US looking into regulating it due to it being used to buy drugs. Once that's settled the price will flatten for a while which is when you buy in.
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da PAC Nigguh
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Re: bitcoin keeps climbing, normies get involved.

Post by da PAC Nigguh » Mon Feb 05, 2018 4:16 pm

Why is South Korea banning it? Is it because 50% of their economy is based around Starcraft 2 and high GPU prices are causing a national emergency?

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VoiceOfReasonPast
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Re: bitcoin keeps climbing, normies get involved.

Post by VoiceOfReasonPast » Mon Feb 05, 2018 4:49 pm

That, and the large amount of energy going into Bitcoin mining which can no longer go into Starcraft rigs.
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