No.317750
>>317667The golden years of MLM scams and crypto are only beginning.
As AI and corporate greed destroys more and more jobs, there will be billions of young people globally who will get royally fucked by having neither wealthy parents nor access to any kind of a job.
They will literally take loans from loan sharks and dump them into MLM's and cryptos.
If it doesn't work out they will kill themselves. If it does they make extra money.
No.317756
>>310626Of course. Because when cryptoscammers come around (probably mods theirselves) with their shitty taunts, they are fully allowed to post.
No.317830
>>317655damn you staked your life on it. skill unlocked: god hands
No.318626
>>310626Thoughts on xrp? What does your modeling say about it?
No.318915
>>310626Not making it rich off of crypto is one of my biggest regrets.
I could have bought into bitcoin for 20-50-100-200$ a pop, I've known a lot about it, I just didn't have the will.
Didn't have my own money and the little I got randomly I spent on nonsense.
If only I worked a supermarket job for a couple months and spent it all on bitcoin…
I would have a house and enough money to relax for the rest of my life.
It's actually insane in hindsight.
Like, I was handed the golden keys on a silver platter and I just couldn't be fucked to pick them up.
Not going to kill myself over it, but damn if I unlock wizard powers next May I'll try my hands at chronomancy lmao.
Then again OP, you aren't the only one who posted about this. Information was readily available for anyone who had the ears to hear and eyes to see.
I'm sure most wizards have a similar story to mine.
Wonder how many of you also wasted your meager allowances or whatever spare change you had lying around at the time like me.
Still pains me that to this day I see no path to returning to NEETdom now after working for 2 years.
I buy a scratch off ticket or a lottery ticket every now and then, but that's a pipedream compared to the very real opportunities missed.
The more I think about it, 2012~2020 was such magical window of opportunity, with the advent of AI and looming threats on the horizon I don't think I'll ever have another in my lifetime.
If I want to be more realistic, the masses wont have such a chance for financial freedom EVER again.
No.318967
>>318915I was playing poker with bitcoin back in 2011/12, sealswithclubs. They were doing freerolls for 1/20th of a bitcoin which is funny in hindsight. I don't really have regrets though, because even if I bought back when it was $5 I'd probably have sold when it was $10 or max I coulda held is $100. 0% chance I could hold anywhere close to even $1000.
No.320817
>>310743similar problem
i bought random kitchen utensils for my mum
could have bought 10000 BTC before the Lazlo's story
context: stumbled upon Bitcoin in March 2010. I even had a laugh how close the date is to 24 March 2010, the day when the events of "Uplink" videogame start.
No.320820
Hey, I am a 26 year-old Wizzie and am extremely interested in your investing experience and consequential advice. Is there anyway you could share your current thoughts on the crypto market and the currencies likely to increase in value substantially?
No.320822
>>320820Every single altcoin is a shitcoin that purely benefits whoever launched it.
Bitcoin is the only viable long term coin and always will be. Thanks to money launderers and drug trafficker, it will have eternal demand until the universe dies off.
The price slowly creeps up because the mining difficulty rises each year but people moving and hiding large amounts of illicit funds aren't going anywhere, they buy it no matter the price because it's the only digital anonymous cash not even the NSA can touch if you don't keep a physical wallet key.
Not an idyllic story or one you wanted to hear, but it's the ugly reality.
No.320830
Put a small sum in crypto during pandemic. Lost my money. Ignored it due to emotional pain then came back today to see that my XRP has 8x. I really don't know how this shit works. I am really happy now but I shouldn't get attached or greedy.
No.320831
I also put money in crypto, I was just turning 19yo, just put all my savings (US$300) in memecoins. Maybe for some people that's just lunch money because they earn 10x more in a month but for me that was a huge amount living in a third world country and having no job.
I made my $300 investment turn into 20k grand I got so euphoric never see that much money in my life that was life changing money for me and just fucking lost it because I dont fucking sell at least I was able to recover and do some more trades and get 3k but it's not enough 1 year has passed and I still stayed broke just sitting all day I lost it all because my greed and I lost the money that was able to change me forever
No.320838
Man, really not listen to the initial grift about shitcoins was a missed oportunity, now scamcoin(bitcoin) is highly valuable speculative shitcoin, you can win a lots of money selling this shit to another fool that want to grfit too, it's a big grift trying to grift another grift economy, classic pyramid scheme, but whatever the early scammer really got their money.
No.320840
>>320838Thing is, every early adopter according to blockchain.info already sold years and years ago. So nobody made off with billions.
There is of course the original Satoshi wallet with an untouched 1 million BTC in it, but it's pretty clear by now the owner is dead or lost access to the wallet since it hasn't seen a single transaction in 15 years (and is already worth half of Elon Musks net worth or 100 billion dollars if slowly offloaded to the market).
No.320844
>>320840How the fuck the dude would sell 1 million shitcoins without raising alarms?
No.320846
>>320844I bet there really is no reason for the owner to even want that moeny anyway. If he was the creator then he probably had a ton of other wallets too that he profited off of if he is still alive.
No.320848
>>320846That's the correct answer. If you read all the technical analysis articles on the original million or so genesis coins on Bitcoin, the guy split them into thousands upon thousands of wallets.
But the weird thing is not a single one has been moved on the blockchain or cashed out - ever. Even if he would be a billionaire and the 4/5th wealthiest person on the planet.
Which supports the idea Satoshi Nakamoto or whoever mined the first coins and used that pseudonym, died in one way or another years ago.
No.320850
>>320848Maybe he just got rid of the keys and cant cash out even if he wanted to.
No.320851
>>320848There's any evidence of Satosho being a real person?
No.320852
>>320851Satoshi killed my mother. And raped my father
No.320853
>>320852Just take the meds, schizo
No.320855
>>320854>>320851No. Iirc, there is some consensus it's a fake nickname and not an actual living person.
They stalked someone in the US who happened to have that name and he had to get a protective detail and name change due to all sorts of threats.
https://www.investopedia.com/tech/three-people-who-were-supposedly-bitcoin-founder-satoshi-nakamoto/ No.320858
>>320855But is this "Satoshi" really smart at least? He really invented the shitcoins?
No.320873
Good, OP was one of first to get into the shitcoin pyramid scheme and got rich.
No.321144
>>320873This.
Based and py…dpilled XD
No.321162
>>320858He is by far one of the most intelligent humans to ever live.
The blockchain technology he implemented is bulletproof, peer-reviewed by Ivy league universities and also used by thousands of entities today including banks.
He allowed anyone to copy it through free open source code.
Few people understand he has shaped the world about as much as Albert Einstein and there isn't even a shred of evidence if he's still alive or what his real name is.
And if he is alive (which is a big if) he is one of the wealthiest people to walk the planet.
Even Nasdaq itself has acknowledged that.
https://www.nasdaq.com/articles/how-much-bitcoin-does-satoshi-nakamoto-own-number-will-blow-your-mind No.321185
>>321162Give me a some rough IQ estimatives.
No.321195
>>321185140-150, or significantly above Mensa range. The odds that someone else randomly came up with blockchains and cryptos within the next hundred years is close to 0.
No.321210
>>310626in a hindsight, the 2017 was full of AAOOAAOOAAAOO GET RICH QUICK cryptobros so OPs voice, well… sunk!
No.321211
>>310626anyone
else
love
to use the
popular web forum
reddit dot com?
No.321212
>>321211why the fuck does reddit eat single newlines? it's fucking weird.
No.321217
>>321211That's just standard Markdown, a writing syntax popular among geeks for many purposes. I guess it was the default and only editor before the masses flocked to it without any technical background.
No.321220
>>321217Cont. This meme might have made sense 10-20 years ago when markdown was in its infancy and relatively unknown, and rich text formatting was not available or the default on Reddit. Anyway it's outdated now.
No.321226
>>321211Hot take: Reddit is actually kind of a good place, only stupid ass imageboard user that like to troll and shitpost hate reddit because they would be permaban, and that's a good things,m
No.321233
>>321226It depends on the sub. There are very good subs about niche things, and everyone there is acting nice. On the other hand, the most populated subs of course are unreadable.
It's so big of a site that it's stupid to judge it as a single entity.
No.321239
>>321233Yes, I agree, the biggest popular subreddit a usually shitty, but niche one are usually good with quality content, the ratio of good information for post is good, different from a imagemboard like 4chin where the ratio is low where the avarage reply is low quality to inflammatory trollish, after passing into my 30s I lost the will to waste time in big imageboard like 4chan because of the low ratio of post/quality, reddit unironically is far better.
No.321240
Crazy that it have been 15 years and still nobody is actually using crypto except criminals. Really good for ransomware and what not. But going to the store to buy some milk? No. Send some to my uncle? No.
Some countries have it banned, some countries have a soft ban where banks will block buying and selling. Complicated tax laws and what not. 100% based on USD, a currency I dont want to deal with. You are not buying something for X BTC, no it is X on whatever it is worth in USD then convert to BTC. I thought it was suppose to be "free" as in freedom from fiat.
If you really want to "invest" in crypot, just buy certificate and you dont have to deal with all the meme surrounding it.
No.321241
>>321240Whatever was the initial intention and hopes of the creator of Bitcoin, clearly bitcoin and other shitcoins in general just became a pyramid scheme for grifter trying to fool idiots and other grifters, it all just one big scam, it's better to invest into something more real tied to economy like ETF of some stock exanchge instead of wasting time on a digital pyramid scheme, it's the same shitty people grifting on day trader and other get rich quick schemes.
No.321242
>>321226>only stupid ass imageboard user that like to troll and shitpost hate reddit because they would be permabanI've spent more hours on reddit than you have fag
No.321243
>>321242>nothing to add to the conversation just inflammatory reply[-]
No.321280
>>321243this
>>321241[-]
*hides thread*
No.321281
>>310637except, some could have taken a x100 leverage and get wiped over a minor price fluctuation.
so, no.
good advice, but degen-style leverages are a killer
No.321288
>>321286
Das rite normoboy. We don't want your kind around here.
No.321289
>>321240The fact it's still the only viable payment method for cocaine and other expensive drugs means it will have infinite demand for an infinite amount of time.
It's essentially paper money in computer form. Used correctly it's 100% untraceable to any single person.
No.321290
>>321289>The fact it's still the only viable payment method for cocaine and other expensive drugs means it will have infinite demand for an infinite amount of time.Until we take the drug dealers out in to the street and melt their faces off with a blowtorch
No.321302
>>321280> [-]looks like thuccubuth puththy
No.321321
Early adopters of shitcoins and scamcoins got rich from being the first to get into the pyramid schemes, not a new thing, just pure luck, not shitcoins and scamcoins are just that shitcoins and scams.
No.321355
>>321290I'm good with that. I don't mind if non-junkies get high occasionally from a libertarian standpoint, but the rest of the daily users and dealers need the blowtorch.
No.321373
>>320844he prolly sold his *whole* walled and the new guy made a new password
No.321470
>>321373maybe, the buyer of the account went RIP at the nearest cryptomarket crash, also