The End of Bitcoin is Getting UGLY - Take Money From Killers, Drug Dealers and Lose It All, Brehs

Chesirecatdaddy

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LOL@ the end of bitcoin

People in the market love shyt like this .... they sell and buy again and rinse and repeat

but make no mistake the shyt is going to be regulated whether some people want it or not... and there are those on both sides of the fence.


BTC=632usd right now despite all of this shyt.
 

JackM

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Horrifying
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2NzpMvM.png


:dead:
 

methodz

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That's the reaction I got from my dad when I started putting money into video cards and power supplies along with keeping my basement windows open all winter and also when I started trading BTC during work hours.

2 years later and he changed into :ohhh::whoo::sadbron:

Anyways it's normal to be cautious, it took tons of convincing and proof for me to even get into it and even more convincing to get some friends in, but lurking on the bitcointalk forums and going through people's posts was the most convincing thing to me, when I saw the scale and dedication of that community along with the whoe aura around Satoshi it was hard not wanting to be involved. Only wish to have gotten into it maybe a year ahead because that's when millionaires were made assuming they didn't short early, which obviously most did.
 
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TruStyle

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That's the reaction I got from my dad when I started putting money into video cards and power supplies along with keeping my basement windows open all winter and also when I started trading BTC during work hours.

2 years later and he changed into :ohhh::whoo::sadbron:

Anyways it's normal to be cautious, it took tons of convincing and proof for me to even get into it and even more convincing to get some friends in, but lurking on the bitcointalk forums and going through people's posts was the most convincing thing to me, when I saw the scale and dedication of that community along with the whoe aura around Satoshi it was hard not wanting to be involved. Only wish to have gotten into it maybe a year ahead because that's when millionaires were made assuming they didn't short early, which obviously most did.


So you had to invest a bunch of money on equipment....

You spending a lot on electricity ....

You have to convince others it's a good way to make money.....

You didn't get it on the ground floor where the real money was made.....

Now you hang out and mine a few dollars hoping the currency rebounds....

pyramid-scheme-graphic.jpg
 

USSInsiders

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As a big supporter of bitcoin and someone semi invested in it since late 2011, I've been here during highs and lows, I've sold and bought during highs and lows and I still hold a decent amount which I consider as a nice safety net. Although I've been panicking lately due to the various frauds committed I still believe that there's some exceptional potential here. For a while now I've been thinking, there's so much secrecy regarding the creator/creation of BTC that it has NSA/Federal entities written all over it.

The mining which we the people who mine do using supercomputers mining blocks 24/7 has to have a point and my theory is that all the mining in the world when combined and connected becomes one Super PC for the guys at the NSA financed by we, the people. With the technology that they have such a theory can be validated and there's nothing surreal about it, There's Billions invested in those super rigs worldwide, that's one hell of a super PC.

The fact that the US government didn't rush to shut this down once it exploded made me a believer that this is one big inside job that gets the people to profit but gets another entity to profit from it much more, I also don't think they expected it to be so big. Whatever it ends up it was an innovative way for a lot of people to cash in, the guy that got me into it had sold a fair share when it was priced at around 60-70$, ended up paying for 75% down on a 200+k condo and a one year old Lexus. He still kept some which he sold at about 1K and cashed in enough money to just travel and chill for 3-4 years and he still holds some because the potential is too big to simply get out.

you think intelligence services created it to have a covert, untrackable means of exchanging money?
 

methodz

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So you had to invest a bunch of money on equipment....

You spending a lot on electricity ....

You have to convince others it's a good way to make money.....

You didn't get it on the ground floor where the real money was made.....

Now you hang out and mine a few dollars hoping the currency rebounds....

pyramid-scheme-graphic.jpg


Electricity barely costs a thing in Eastern Canada. I convinced people around me it was a good way to make money when one BTC was around 7-8$ in value, it had skyrocketed from a couple pennies to 5-6$ and more within 2 months, so when a friend of mine's BTC value went up 10X it got attractive. As far as mining goes the rigs amassed with certain upgrades still bring in a decent amount everyday by mining what's profitable and trading it for BTC.

That real value was BTC's value skyrocketing that's where the money was made, mining it and trading it were just part of the game, had I sold effectively at highs I would have led a very comfortable life now, very, unfortunately it's hard to predict value in advance for anyone in this world and like most people I ended up always making some and selling whenever I made good cash instead of holding while it's value was below 10$ and selling at 1200$, safe to say the profit would have been unreal.

But I still made decent amounts of money with it and still do although I've kept a day job the extra revenue I get from it allows a fairly better lifestyle. If I'd sell my rigs now I'd easily pocket 15-20k from the video cards only but keeping them going is not even a question.

No regrets and if a con artist is eating over me, good for him.
 

heisenburrr

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so I guess the count is now

1 bitcoin related suicide - 1 000 000+ USD related suicides


:heh:
 

heisenburrr

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"Bitcoin is a digital or crypto-currency which is bought and sold online, but not backed by any country's central bank or government."

So Bitcoin is made up digital money, that only holds value if you wanna believe it has value I guess? :mindblown: How does one get their make believe money turned into real money?

USD is made up digital money


you think this shyt still backed by gold :russ:
 

posterchild336

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:mjlol:

a bunch of retards in here


same dudes that will be back to ask how they get in when we back to 1000$

same thing I said yesterday! I dont even know why you are paying attention to them, people laughing are the ones who are negative and want to see people do bad because they arent doing shyt...misery needs company..do you and laugh in the end.
 
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