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what happened to Bitcoin?

SIR ETHNICCEL

SIR ETHNICCEL

Lord of grannys and landwhales
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Joined
Nov 2, 2021
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I havent heard anything about Crypto for almst a year now. What happened? Personally I did not buy any Crypto, I did not believe it was valuable . Many were talking about their wallets but now I hear nothing at all.
 
Imagine if you bought $1000 worth of bitcoin 10 years ago... that would be a profit of about 230k now, and $500k if you sold 2 years ago....

Screenshot 2023 09 02 at 213322
 
I havent heard anything about Crypto for almst a year now. What happened? Personally I did not buy any Crypto, I did not believe it was valuable . Many were talking about their wallets but now I hear nothing at all.
If you would have bought $1000 worth of bitcoin 12 years ago, you'd never have to work again in your life...
 
Everyone promoting crypto switched to promoting AI. It's not even a secret really.


View: https://twitter.com/0xDesigner/status/1666928841321771010



If you would have bought $1000 worth of bitcoin 12 years ago, you'd never have to work again in your life...
If only my 13-year-old ass somehow thought about that:cryfeels::cryfeels:.
 
did you buy Bitcoin?
unfortunately I didn't. I always hate myself for not having the idea to buy like 7 years ago. But oh well. I'd rather have a hot gf than lots of money tbh

ROh4

(I know, it's worse than spilled milk)
 
Imagine if you bought $1000 worth of bitcoin 10 years ago... that would be a profit of about 230k now, and $500k if you sold 2 years ago....

View attachment 862702
I want to mine bitcoin with solar energy but it seems I'll have to invest hundreds of thousands in solar panels and asic machines, not to mention having to move to another part of curryland which receives a lot of sunlight.
 
Everyone promoting crypto switched to promoting AI. It's not even a secret really.


View: https://twitter.com/0xDesigner/status/1666928841321771010




If only my 13-year-old ass somehow thought about that:cryfeels::cryfeels:.

yup... same. 1 bitcoin was about $10 in 2011. You'd probably have bought a few coins, maybe even 100-200. I'd have bought 100 coins (savings from cash-gifts from relatives i.e. Christmas, birthdays...)

Now it's at $23k. 2 years ago it was more than double that...
Atm i'd have a profit of $2.3 million in profit if I bought in 2011 and sold now. I'd move to a cheap country and NEET

It's just a fantasy anyway
 
unfortunately I didn't. I always hate myself for not having the idea to buy like 7 years ago. But oh well. I'd rather have a hot gf than lots of money tbh

View attachment 862712
(I know, it's worse than spilled milk)
around what year do you remember first hearing about bitcoin?
 
^so its all marketing
Pretty much. Sure, generative AI is quite an interesting technology and it will definitely change the world at least a bit, but I've already seen analysts warning of this being a bubble. Like, even if AI wipes out all lower-level programming jobs in the world and so on, which almost definitely won't happen, the amount of saved money would still be miniscule compared to the market valuation of the companies making those AI tools right now. Sooner or later, some deflation is bound to hit.
 
Cryptocurrency is bullshit.
 
Pretty much. Sure, generative AI is quite an interesting technology and it will definitely change the world at least a bit, but I've already seen analysts warning of this being a bubble. Like, even if AI wipes out all lower-level programming jobs in the world and so on, which almost definitely won't happen, the amount of saved money would still be miniscule compared to the market valuation of the companies making those AI tools right now. Sooner or later, some deflation is bound to hit.
Ah so I see what you saying. Media is used to generate hype about some technology, then loads of people buy stocks in those companies. So buy early wait a little then sell your stocks and move onto the next media hype.
 
I told my parents about bitcoin in 2014 but my parents were too poor to buy anything. Unlucky really
 
Ah so I see what you saying. Media is used to generate hype about some technology, then loads of people buy stocks in those companies. So buy early wait a little then sell your stocks and move onto the next media hype.
Exactly.
 
I want to mine bitcoin with solar energy but it seems I'll have to invest hundreds of thousands in solar panels and asic machines, not to mention having to move to another part of curryland which receives a lot of sunlight.
Which is a negative for Bitcoin you're correct (which is not the only cryptocurrency btw). It started off as a truly decentralized cryptocurrency which can be mined by just about anybody with a GPU, I remember earning at least 0.01 BTC per day with a shitty GPU (Nvidia GTS 450). Now only Monero is offering that in an attractive overall package with true anonymity and decentralization by being built from the ground up as an ASIC resistant coin which is CPU based.

There's also Ethereum which is much more centralized but can be staked with your own node which costs a whopping 32 ETH (another negative for ETH decentralization, which can be helped somewhat by utilizing Rocket Pool).
 
Which is a negative for Bitcoin you're correct (which is not the only cryptocurrency btw). It started off as a truly decentralized cryptocurrency which can be mined by just about anybody with a GPU, I remember earning at least 0.01 BTC per day with a shitty GPU (Nvidia GTS 450). Now only Monero is offering that in an attractive overall package with true anonymity and decentralization by being built from the ground up as an ASIC resistant coin which is CPU based.

There's also Ethereum which is much more centralized but can be staked with your own node which costs a whopping 32 ETH (another negative for ETH decentralization, which can be helped somewhat by utilizing Rocket Pool).
So what can we mine today?
 
yup... same. 1 bitcoin was about $10 in 2011. You'd probably have bought a few coins, maybe even 100-200. I'd have bought 100 coins (savings from cash-gifts from relatives i.e. Christmas, birthdays...)

Now it's at $23k. 2 years ago it was more than double that...
Atm i'd have a profit of $2.3 million in profit if I bought in 2011 and sold now. I'd move to a cheap country and NEET

It's just a fantasy anyway
Bitcoin hasn't been $23k in a while. It's currently dipped down to $25.8k
 
So what can we mine today?
Monero ($XMR).



A $4,000 CPU (before taxes) will earn you $1.45/day or in terms of XMR 0.00045902 per hour, 0.01101657 per day and and 4.02104805 per year. While this may seem minuscule, an XMR price of $1,650 would mean you're making $6,634.7292825 yearly. You'll still be beating inflation. But you'll have to believe in Bitcoin just like people believed in Bitcoin in 2011 and "wasted money" in the short term. OR you could just buy it for $140. It's up to you.
 
Crypto was nothing more than another scheme to make jews richer.

In reality crypto is completely useless and retarded.

@IceStorm
This , it was another (((trick)))
 
Bitcoin hasn't been $23k in a while. It's currently dipped down to $25.8k
sorry, I confused it with Euros. You're right
 
Crypto was nothing more than another scheme to make jews richer.

In reality crypto is completely useless and retarded.

@IceStorm

If something has no obvious value, or is covered behind fancy words, dont buy it, its a scam.
In hundred years golddiggers will still open there legs, when you give them a golden ring with a large diamond. On the flipside, I doubt she will know, what a blockchain wallet is.
 
If something has no obvious value, or is covered behind fancy words, dont buy it, its a scam.
In hundred years golddiggers will still open there legs, when you give them a golden ring with a large diamond. On the flipside, I doubt she will know, what a blockchain wallet is.
Mf can't even differentiate from there and their.
 
I lost all the money I put in crypto I put 8000$ and Its worth like 4000$ now

its a lot of money for me

its over

I put it in XRP
 
I havent heard anything about Crypto for almst a year now. What happened? Personally I did not buy any Crypto, I did not believe it was valuable . Many were talking about their wallets but now I hear nothing at all.
All this crypto shit sounds like jewish scams to me but idk i haven't looked much into it
 
Ah so I see what you saying. Media is used to generate hype about some technology, then loads of people buy stocks in those companies. So buy early wait a little then sell your stocks and move onto the next media hype.
This is still a big gamble. We don't know what the media will promote.
 
Crypto is a decentralised ponzi scheme
 
I've been buying Bitcoin recently. The recent dip down to $25k kinda sucks, but whatever. I have a feeling Bitcoin might be coming back big time though. If it really does actually go to $1 million or more, I want to have some of that. 1 bitcoin might one day be worth enough to get blowjobs for life.
 
I've been buying Bitcoin recently. The recent dip down to $25k kinda sucks, but whatever. I have a feeling Bitcoin might be coming back big time though. If it really does actually go to $1 million or more, I want to have some of that. 1 bitcoin might one day be worth enough to get blowjobs for life.
It's not getting anywhere near that. But the trend was, when btc was close to halving its price skyrockets. So when we get closer to halving date, it will double again. It should reach double of what the highest historical value was.

Sadly i cannot aford to gamble, in my country it's hard to get money so i cannot just put it into btc and hope for the best.
 
jews don't invest in bitcoins as a sign that it's just a sucker hunt bullshit.
 
Too much speculation, even though it's a great thing it's going nowhere in terms of price
 
jews don't invest in bitcoins as a sign that it's just a sucker hunt bullshit.
The elite is so much smarter, than the npcs.
Look what Bill Gates is doing. They invest in real things, that have value.
Nobody can explain what an nft is, yet everyone know what you can use farmland for.

 
Over for me, I've been completely seen through and exposed.

maxresdefault.jpg


Still an interesting article tho, will watch the video as well later probably.
Actually the article comes from an unrecognized source and is pretty nonsensical. I'd like to know what you claim you learned from it.
 
I lost all the money I put in crypto I put 8000$ and Its worth like 4000$ now

its a lot of money for me

its over

I put it in XRP
You have learned 2 lessons from what I gather:

1. Not everything is going to instantly skyrocket and you must be patient to earn wealth

2. Buying in after the hype of a big evet is a very risky move (for obvious reasons).

When did you buy it?
 
This is still a big gamble. We don't know what the media will promote.
It's not about what the media says if you consider that companies like Blackrock who manage $10 trillion in assets are filing for Bitcoin ETF's.
 
I've been buying Bitcoin recently. The recent dip down to $25k kinda sucks, but whatever. I have a feeling Bitcoin might be coming back big time though. If it really does actually go to $1 million or more, I want to have some of that. 1 bitcoin might one day be worth enough to get blowjobs for life.
I mean the dip only sucks if you don't have your money ready to buy some more. Eventually you'll learn to see it as a discount; you want more BTC, not fiat.
 
It's not getting anywhere near that. But the trend was, when btc was close to halving its price skyrockets. So when we get closer to halving date, it will double again. It should reach double of what the highest historical value was.

Sadly i cannot aford to gamble, in my country it's hard to get money so i cannot just put it into btc and hope for the best.
I understand. People in India make like $500 a month if that. Other countries are basically slaves. I'm sorry that you guys have to live like that.
 
The jews started regulating it. Large (((hedge funds))) are the largest holders right now, get the fuck out of crypto right now if you have half a brain
 
yup... same. 1 bitcoin was about $10 in 2011. You'd probably have bought a few coins, maybe even 100-200. I'd have bought 100 coins (savings from cash-gifts from relatives i.e. Christmas, birthdays...)

Now it's at $23k. 2 years ago it was more than double that...
Atm i'd have a profit of $2.3 million in profit if I bought in 2011 and sold now. I'd move to a cheap country and NEET

It's just a fantasy anyway
Good to remember that realistically you would probably have cashed out at 10x The investment. At The latest. Possibly Much earlier than that
 

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