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Bitcoin Price: lol

leftyincel

leftyincel

UNCONTROVERSIAL TO THE POINT OF MILD BANALITY
★★★★
Joined
Apr 12, 2018
Posts
794
Shouldnt be laughing as I lost a shit ton of money (and a lot fo my health) in the bitcoin crash and I find the tech exciting

but still

lol

Bitcoinprice


@Mahlo
 
I remember back in February it was like 10000$
 
Over for bitcoincels
 
Never began for cyptocurrentycels
 
im glad i only use crypto to buy drugs
 
go altcoin bruh.
 
Someone made a shitload of money there
Someone made a shitload of money there
 
its completely useless except for illegal shit. its going <1k
 
Can't believe litecoin is $30, was about $200-300 range earlier this year

I actually had about 100,000 dogecoins which would have been worth around 2-3k in January - got it from a few days mining back in 2013/2014 but I lost the dogecoin wallet on hard drive or deleted it because i didn't properly store it away :incel:
 
I still know some fucks who continue to trade bitcoin, they make me cringe with how they cling onto it
 
I actually had about 100,000 dogecoins which would have been worth around 2-3k in January - got it from a few days mining back in 2013/2014 but I lost the dogecoin wallet on hard drive or deleted it because i didn't properly store it away :incel:

Vts1apuibba01
 

Everyone thought it was a joke coin and would be worthless, people on the first day of mining had millions and you didn't even need a powerful GPU to mine the coin either.....i was late to mining it by like a day or two and i still got 100,000.

3-4 years later and 100,000 dogecoin is worth $2000-$3000 which is insane......its just like the people who mined bitcoin early they had tens of thousands easy.

There's a post about a guy having so many bitcoins he paid 10,000 bitcoins to order a pizza in 2010 https://bitcointalk.org/index.php?topic=137.0

another
 
its completely useless except for illegal shit. its going <1k

Even for that it's only worthwhile as a temporary/transitional source of "money". And even for that the value is low. Monero is the best cryptocurrency for transitional financing because it is untraceable. Take some money, buy monero, transfer the monero to another wallet, and sell the monero under a different account. Completely untraceable. I'm sure criminals love that shit. Whereas bitcoin is still traceable, so even in illegal enterprise it has limited utility unless coupled with something like Monero.

I lost some money on the bitcoin crash but it wasn't anything I couldn't handle. Taught me I don't have the right personality for gambling in general. Was stressful.

If I invest in anything in the future it will be "safe" things like mutual funds or real estate.
 
Anyone who believes that a digital currency not backed 100% by jewish banks would make it in this world is a complete idiot, when the goycoin comes out I'll buy JFL.
 
>100k by the end of the year
>over a million by 2020
:lul::lul:
 
lol @ cryptocels. it was a short-term thing to make your cash, it was set up to be a cash and dash deal. you're a complete idiot if you bought into this shit after the hype of people getting rich. just lol @ hive-mindedness.
 
when tf is it going to get better for cryptocels?
it's been a downward spiral ever since shitcoin crashed a year ago
 
I wish @Fontaine was still here to talk about it.
 
bitcoin now at $3800

sudden drop
 
Ponzi scheme.

How is this different than Monopoly money?
 
At least it's cheap now :lul::lul::lul:
2k is likely now, that's ~90% drop from ATH. I'm glad that I sold my BTC and ETH for some Tether and microcaps back in August.
 
Good explanation why its so low

TLDR: Price was manipulated with Tether, recent Justice department criminal probe into tether.

https://boards.4channel.org/biz/thread/11889366/its-over-cryptofags-are-finished
So you all should know this already, but let us review. A couple of finance professors who specialize in detecting market manipulation in the real stock market published a study that concluded half the increase in bitcoin price during its run to $20,000 was due to artificial pumping by Bitfinex using tether. Various regulatory and criminal justice agencies appear to have taken it seriously. The Justice Department opened a broad criminal probe into Bitfinex, once the largest bitcoin exchange by volume, for price manipulation and fraud.
https://www.bloomberg.com/news/arti...minal-probe-is-said-to-focus-on-tie-to-tether
Bitfinex owns tether, a "full reserve" altcoin that was supposed to be backed 1:1 with US dollars. A widely held belief is that Bitfinex does not in fact possess three billion dollars to back the three billion coins they've printed and subsequently purchased bitcoins with. The auditing firm they hired quit back in January when the massive printing was ongoing, no other auditor would touch them with a ten foot pole, and the tiny Puerto Rican bank Bitfinex supposedly move their three billion dollars to has filed for bankruptcy. Keep in mind this never a legitimate bank, it had no real clients or business beyond holding a PR banking license. All of their funds came from crypto entities with Bitfinex being by far the largest client and as a result their fortunes were directly tied to Bitfinex/cryptocurrencies' fortunes.
A few days ago there was a large bitcoin sell order that caused prices to fall below 6000, likely from someone cashing out. Since then bitcoin prices have been in free fall and is currently nearing $3400. All other crytos are down more. Ethereum prices have fallen to almost $100, down nearly 95% from its $1400 highs. As a result of this, multiple large miners are discontinuing operations as they could no longer afford the electricity bill. Miners have pulled out of Sweden entirely and left the local utility with $1.5 million in unpaid electricity bills.

It appears that even with dirt cheap Scandinavian hydropower, miners could no longer operate at a profit. As a result of this the hash rate of the entire bitcoin network is dropping at a precipitous rate. This combined with bankrupt miners selling off their equipment at massive discounts is extremely bad for the survival of cryptocurrencies, since it decreases the cost for bad actors who may attempt to take over the network.

In brighter news, the collapse of all cryptos means a fire sale on used GPUs and a glut of previous generation chips. Not so great if you owned NVDA or AMD stock. But a buying opportunity otherwise.

https://blockchainreporter.net/2018...ces-chinese-bitcoin-miners-to-dump-equipment/
https://btcmanager.com/swedish-county-battles-unpaid-electricity-bills-leftbitcoin-mining-companies/

Sucks for all the people who killed themselves :feelsrope: or are in serious debt now for believing in it :feelstrash:. I was seriously considering putting 5k into one mining rig back in January because of the hype, thank god i didn't.
 
Last edited:
The MEDIA is spewing bad news to make the price go down and THEY are shorting it to make people give up

SOMEONE is getting rich

THEY are accumulating while you sheep are selling.

What you guys should do is buy now and just wait 1,2 or even 5 years and u could possible take a few years vacation with the money made ascending in SEA
Good explanation why its so low

TLDR: Price was manipulated with Tether, recent Justice department criminal probe into tether.

https://boards.4channel.org/biz/thread/11889366/its-over-cryptofags-are-finished



Sucks for all the people who killed themselves :feelsrope: or are in serious debt now for believing in it :feelstrash:. I was seriously considering putting 5k into one mining rig back in January because of the hype, thank god i didn't.
who killed themseleves?

I made a lot and lost a lot now but will just wait
 
The MEDIA is spewing bad news to make the price go down and THEY are shorting it to make people give up

SOMEONE is getting rich

THEY are accumulating while you sheep are selling.

What you guys should do is buy now and just wait 1,2 or even 5 years and u could possible take a few years vacation with the money made ascending in SEA

who killed themseleves?

I made a lot and lost a lot now but will just wait

I'm not sure what to believe, there's so much FUD that price was artificially inflated by Tether so if Tether disappears or corrects price to actual value it should drop?

There's been a few posts showing up on 4chan or were there a few days ago about people wanting to kill themselves with how much they lost, could also be troll posts i guess.
 
I'm not sure what to believe, there's so much FUD that price was artificially inflated by Tether so if Tether disappears or corrects price to actual value it should drop?

There's been a few posts showing up on 4chan or were there a few days ago about people wanting to kill themselves with how much they lost, could also be troll posts i guess.
how much had they lost?

I made over a million euro last year, but I did not sell and it went back down a lot. Its the cycle. The end is nearing soon but all u guys should just buy ethereum which is the safest I think. Buy and wait like a savings account

I feel like shit because I lost so much and the money I could have had but I know it will come back.

Tether did prop it up and when it collapses soon, that should be the best time to buy.

My friend already made half a million this week on the new bitcoin called BSV.
can u link me to the posts or the forum for crypto there
 
It's over for neetcel
 
just cryptomaxxx broooo, lol goodnite cucks
 
Nooooooooooooooooooooooooo

Oh wait I don't even have any BTC lmao.
 

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