It's almost as if people use it as a stock and not a currency, leading to instability.

but dude blockchain crypto currency buzzword buzzword money out of thin air buzzword

omg big banks are panicking

cmon who doesnt want a currency nobody can use to buy anything and that fluctuates wildly by hundreds of percent

It was widely used on the darknet. Now that it's so volatile other coins are being used as legitimate currencies.

but I can buy an assassin to kill my future ex wife. fiat can't compete with that

Yes, but gold can.

How many of us are capable of doing anything properly? I can't even tpye this surnterns.

yeah and with gold brick, you do not even need a middle man, who can get caught and rat you out for a deal.

hit 'er with a brick and you can still keep the brick, just remelt it.

Gold ftw.

get OUT with your logic and sense and things

I need ETH to go back to 1000 so I can sell and not lose anything.

Feels bad man.

I only got 1k in fam.

These people live off their shitcoin investments so that they fan fantasize about retiring from their wagecuck jobs at 30.

It's all shills, if you unironically take investment advice from anonymous people on Reddit then you deserve whatever happens to you.

I wouldn't be shocked if the vast majority of crypto subs are literal shills, tbh.

when I was looking into how much Reddit accounts sold for a while back and browsing various account buying/selling forums a common request was accounts with positive karma in a crypto currency sub.

Well, everyone is crying that crypto is dead so it's shills wanting people to dump? Hmmm

Have you seen /r/bitcoin?

lmao

"BITCOIN ISN'T DYING GUYS, LOOK AT ALL THESE POSITIVE ARTICLES. JUST BUY MORE BITCOIN FFS I'M SO DEEP IN THE RED"

Fam like everything shills are a weak mind’s explanation for other people’s stupidity.

There might be some but in reality it’s just idiots talking wisely to other idiots listening because they’re bored and clueless on the internet.

You know, exactly like this conversation.

How much is my account worth in rubles?

It is. Reddit is the worst place to get trading/investment advice. It's a bunch of True Believers trying to convince themselves to just HODL by desperately trying to convince others to do the same.

There's plenty of money to be made in crypto, but the reality is, anyone who actually believes individual coins are THE NEXT BIG THING should invest in timeshares instead.

Are you a gambling addict? Spending 1k on this hilariously ridiculous idea was dumb to begin with and you're about to be a bagholder in a huge scam. Take your remaining money and purchase booze at full market price so you can wash away to horrible choices you've made.

the story of you:

bitcoin is low: hahaaa I told ya guys it's a scam loooool

bitcoin going up: wow wait for the next dump lmaoooo

bitcoin going up more: anyone want any tulips? XDDDD

bitcoin almost 300% since you shitposted: guyz you are so stupid bitconeeeect (fml why didn't I buy)

bitcoin up 1000% since your shitpost: haha there will be so many suicides when it finally crashes (I'm literally crying right now)

bitcoin finally going down: I TOLD YA SO HAHAHAHAHA SUCK IT (why am I still crying)

bitcoin really down, back to step 1: lmao gamblers amiright how could I be wrong? XDDDDD

I hope you learned your lesson.

Don't listen to internet hype about cryptocurrenvies.

https://www.youtube.com/watch?v=IW19xASnqw8

Going to the moon via the center of the Earth.

It’s a harder journey, but more rewarding for the struggle involved.

Our sacrifices will pale in the end next to our rewards

Lost in Space intensifies

For anyone who, like myself, hasn't followed it closely on a day-to-day basis, the high was $20,000 in Dec. 2017 and it's at $6,200 now. Looks like each hiccup is causing more people to pull out of the market as it becomes clear that the "to the moon" phase of the bubble is over.

Bitcoin is retarded. The whole point of currency is that it's backed by something. US currency is backed by the military, Bitcoin is backed by REEEEEEEing neckbeards.

By incels?

If you think about it, cryptocurrencies are actually specie because they're backed by overpriced GPUs.

As someone who has made a lot of terrible investments, this is great because other morons are selling their coins and following the same terrible logic to the same conclusions as me. When I've only lost half my life-savings I'm going to sell and buy a wolf.

Thank fucking god now card prices can go down?

Still etherium and every other garbage crypto, but one can hope

i mean you say that

They're getting pretty close to back down to the original pricing. However that's still bad considering it should already be lower.

That being said crypto is one 1st world government ban from being dead.

"the government banned it, this is proof they're afraid of it!!!"

Honestly when it hits the hundreds it will be usable as long as it stabilizes.

This has always been the stupid thing about bitcoin fanatics. For bitcoin to be any use as a currency, it has to have a stable price. People buying it expecting "mad gainz" are inherently expecting it to be useless for it's intended purpose, and therefore worthless!

That being said crypto is one 1st world government ban from being dead.

nah, crypto isnt going back in the box, itll have value for cybercriminals and dudes trying to buy RCs as long as theres a functional dark web infrastructure. itd take a coordinated us/eu ban to completely kill it for white/grey market usage too, although any major geopolitical leader taking substantial action against it would pretty much guarantee it never gets more popular than it is.

So the bad ones will go away, no one will want to create more and only a handful will be left? Not really guy in boxers lol. Bad coins, just like bad companies will continue to be created and the market will always have them.

Right.

However, when more investors are involved and it goes more mainstream, the dynamic will change in favor of the ones that have a reason to exist. The others will be like Penny stocks, known to be used only for speculation and the majority of investors will be invested in the good stuff.

“The scamminess is totally going to go away, because that always happens when there’s a large influx naive cash into a regulation averse marketplace that’s difficult to control by design and full of existing players desperate for a payout.”

idk what you just said but you kick his ass sea bass.

🎉🎈 https://i.imgur.com/o4DuDr5.gif 🎈🎉

What impact will this have on the bussycoin economy?

Not hold, clench.

Im glad I stayed with Drama Coin and didn't unsubscribe yesterday. Seems the returns will come in soon.

Are you using the friggen robinhood app?

Why not post on the wsb subreddit?

You're the wealthiest person there if you're not in crippling margin debt tbh

what?

Something the extremely poor and stupid would and should understand. Don't ask questions, don't dig deeper, and just enjoy where you're at since you don't know what it is.

How do I make money off of Drama Coin?

You buy when Drama is high, you sell when Drama is low. Classic.

AAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHH

MOOOOOOMMMMMYYYYYYY MAKE IT STOP MAKE IT STOP MAKE IT STOP

AAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHH

I love that Robinhood added the chatroom/trollbox for crypto. I love watching them lose all their money in real-time

Well, the good news is if you are just getting into it services like https://junktion.io are great

Crypto is fun. All the retards that treat this shit like a retirement portfolio and put in way more than they can afford to lose deserve to be burned.

Can someone show me 3 human beings that actually became rich off BitCoin?

The chalice of libertarian tears will be overflowing with salt, on this day.

Holy hell, I might actually decide to upgrade my graphics card this year

I hope everyone in bitcoin loses their life savings. It would please me sexually.

I've never doubted that someone does manipulate the price of BTC and now it's pretty obvious. I prefer Ethereum and the tokens which were issued on ERC20, Cryptics qrp, for example. One of the few decent projects among the hords of the scammers, in my opinion.