The entire world has now purchased or is in the process of purchasing Bitcoin.

As of 2017:

- Bums on the street have Bitcoin.

- Your grandma has Bitcoin.

- Nigerians have Bitcoin.

- Meatheads on BB.com have Bitcoin.

- Your pet Golden Retriever has Bitcoin.

LOL.

Nobody even knows why it is useful, they just buy because the mailman told them to. Bubble ofpeace and prosperity.

This nonsense will crash bigger than the 2000 DOTCOM bubble.

It's hysteria, madness

I don't know a single other person who has bitcoin.
When it comes up in conversation, most people never heard of it or are vaguely aware of it.

Is this where I go to sell my bags?

Nocoincels are always so angry lmao.

This lmao

there is always a winner from a trend, whether its was tangible or not

I created the MISCBB coin earlier. They are 1 cent each and I project them to be at least 3 cents each by 2030. So get in now boys!!!!!!!

First dude to dump a chitload is going to be rich as fuk everybody else is going to panic and be unable to sell theirs since nobody will be buying and be stuck with thousands of digital coins only able to purchase cryptokittens.

put me down for 100. PayPal or btc?

You need to use my swordexchange to convert PayPal to BTC to MiscBB though.

No, OP your wrong. Your average person doesn't own one which is why bitcoin is still in its infant state. The money is coming from large financial institutions as wall street prepares to conduct futures contracts on bitcoin. This is nothing like the bubble of 2013, this is true growth backed by endless demand. Yes of course at some point there will be a price correction but that is apart of healthy growth for any asset. I nearly made $100k in the past 2 days from bitcoin. OP your just mad because you don't understand the theory and practicality behind blockchain and you haven't invested like you should have.

No one buys Bitcoin with any intent of ever spending it. They only buy it to sit on it and watch it go up.

And why does it go up, because people buy it. Why do they buy it, because it goes up...

This is all a bubble driven by nothing, but I srsly don't see how it will break at this point. When it DOES break though, everyone's just going to simultaneously try to cash out and run for the exits. The drop is going to be pretty fukkin dramatic.

Negged for yet another Misc bitcoin thread

Take it to Finance/Education

My mother company was hacked and they asked bitcoin for the ransom, LMAO!

My mother had no idea what it meant.

Anyway, I dont give 2 fuks about it because I dont really believe. I might or not invest into it but for the long run.

I have hard time believing that a currency can be decided without regulatory means. Probably when governments acknowledge the coin it will become standard, until there Im not really on it.

Most people can't figure out how to purchase, store, or use it.

Lol were not even out of the infant stages of Bitcoin and you losers are already calling it a "bubble",as for right now BTC is a store of value for the future when more people recognize it and it becomes more mainstream as a payment method.

Still waiting on that bubble the naysayers have been predicting for the past 2 years, which is really just them hoping they can buy at the dip lol

just because you are stupid does not mean everyone else is :/

This. I would say 1 - 2% of the population has bitcoin. NOW is the perfect time to buy.

can't take people hyping bitcoin seriously since they have skin in the game, like "hey bro, come buy some tulips"

no thanks jeff, no thanks

so you have $100k in USD or $100k in bitcoin?

I hope bitcoins fail coz my friend who has 1 bitcoin cant stfu about it

its becoming a religion of bitcoin evangelists (srs)

The thing about realising profits is then you're kicked out of this super fun game.

There will be movies made about this, college courses on it, we are witnessing history right now.

I can *totally* imagine the world currency being based on a 15-20 year old technology.

There are masterminds behind bit coin, it was a currency that could never really be spent, only hoarded. With a finite amount, with time, the demand would go up.

Take some profits along the way. Gl boyos.

i remember when bitcoin was only talked about for getting supplements on strange websites.

I believe I read earlier you were going to neg all these bitcoin threads. Glad to see you’re following through.

Suck his cawk. That should shut him up

Dear ****gos:

I learned how to read last week, so have been researching this BTC and how CME futures might impact it. The more I research, the more I am convinced that this is a bad thing for the price, not a good thing. My stance has changed quite a bit. First, we must look at how the CBOT started, and it's purpose, because the CME is tied to the CBOT.

The Chicago Board of Trade was started to save farming in this country. After the civil war and Lincoln was assassinated, you had all these farmers ejaculating over the current price of corn, then growing that corn, and when it was time to harvest the corn, prices had TANKED. Why? Because you and all your butt buddies decided to grow corn, so now there is a huge amount of corn for the cornhole out there. Supply\Demand. So, what are we gonna do now, Kuntface? Well, I'm gonna grow some wheat, because I see the price of wheat is high, but then what happens when it comes time to harvest the wheat and sell it? Oops, me and my ****gos all grew wheat, so price of wheat is low, we're losing all KINDS OF MONEY beyotch ! ALL KINDS. Again, Supply\Demand. Ok that's it, we're losing all kinds of money in farming, so we're all gonna quit our jobs, move to NYC, and become bank tellers.

So, Congress goes WHAT THE BIZNATCH? We're gonna run out of farmers and everybody is gonna starve. We have to save farmers or nobody is gonna grow crops and we won't have anything to eat. So, we're gonna allow the public to speculate on the price of these crops, and we're gonna build a BB.COM forum in Chicago for all our ****go miscer normie speculators, and we're gonna call it the Chicago Board of Trade. Now, some miscer can go to the CBOT and buy a contract of Corn, and one contract is 5,000 bushels. So, why would a miscer be interested in buying a contract of corn? Because he wants the price to increase in the future so he can sell the contract to someone else at a higher price, you dumb bish ! When is the expiration date of the corn? Well, it could be 3 months from now, 6 months from now, 1 year from now, etc., depends on what date of expiration you choose for your contract. You just need to sell your corn contract before it expires, otherwise you own 5,000 bushels of corn and have no place to put it, bish. So, when you bought the contract of corn, YOU PAID THE FARMER that grows it, miscer ! The farmer gets paid and doesn't care what the price is in the future, because his corn has already been bought. This is how our government saved farming in the USA. Is it really this simple? Of course not, son. It's far more complicated than that, but I'm not here to write a book about the intricacies of commodity trading while you're having anal sex with your ho. I've given you the bottom line, the big picture.

So, that's how our government saved farming---by controlling the drastic price fluctuations of commodities. They wanted to stabilize and control the prices son. Now, why are they introducing tradeable futures of bitcoin onto the Chicago Mercantile Exchange and onto the Chicago Board Options Exchange? FOR THE SAME REASON. Whenever they introduce something into the CME or CBOE or CBOT whatever, it's to control and stabilize the prices son. They want to stabilize the price of bitcoin. Now, why do they want to stabilize the price by allowing people to buy futures contracts of bitcoin? Well son, my guess is that they want to stabilize the price because they are afraid of these crypto currencies messing with the DOLLAR, sons. So, they want people to be be able to come in, short the PISS out of it by shorting a huge amount of contracts, which will control the huge rally bitcoin is experiencing, because that controls sentiment. When people see Bitcoin futures tanking, they worry about their "real" bitcoins on the exchange, so they then start worrying about their ETH, so Ethereum tanking too, and then their Monero, or LiteCoin, etc. etc. etc. all the other 1,000 crypto currencies out there. Sons I am bailing on half my shiz. My average buying price for all my shiz on BTC has been 7300 and I'm bailing on half of them. Bailing on half my ETH too and I've only experienced $100 per coin growth on ETH. Gotta do it sons.

So, cliff notes are as follows:

1.)Suck my micro penis
2.)When tradeable futures of BTC start on the CME on December 18, it's not going to be good for the price. Within 3 months, prices will be much lower
3.)I am the world's foremost expert on expertness

Even my gf bought some today, just LOL.