is it?

there's arguments for and against that

given it is a physical thing and not an easily laundered / dirty currency.

NOT MANY MECHANISMS IN PLACE TO SHORT BTC

if the bitcoin you are buying has ever touched an illegal transaction

you are totally fucked

same with dollars

given that there is a record of the bitcoin attached to the bitcoin....

PROBLEM: NOT KNOWING WHEN THE IRRATIONAL HYPE WILL DIE DOWN PROPELLING SOYCOIN

despite your list of reasons bitcoin should have a value of $0/coin, it has current value of $17,000/coin. Obviously there is something you do not know, or else you would be rich right now. The test - your personal test - is to see if you will admit that to yourself or reassure yourself with your own misunderstandings

people are stupid

yes they are, so why doesn't your financial strategy factor for that?

BITCOIN IS DRIVEN BY STRAIGHT BEHAVORIAL ECONOMICS. LITTLE ELSE.

HOW DO YOU MEASURE THIS?

they won't let you cash out at a fast enough rate from each exchange to make money

YES @Death Strike's Bat MAKING IT ILLIQUID

from short term investments.

so?

they don't have the liquid

and they physically can't

real estate is illiquid, yet people love to invest in it

given the extrmeely slow transaction time

you can sell real estate instnatly

PLEASE. REAL ESTATE IS HARDLY AS VOLATILE.

NOT AN APT COMPARISON.

volatility and liquidity are two different things

real estate is physical and liquid

people wil always buy it

and sell it

BITCOIN IS AS VOLATILE AS SOME SLUTTY SOUTH AMERICAN COUNTRY.

convince your average wealth management guy to buy bitcoin

he will tell you to fuck off

even if it were a couple of bucks

THEY MATTER WHEN YOU CAN'T LIQUIDATE A POSITION BEFORE YOUR STRATEGY IS COMPROMISED BY VOLATILITY.

wait that's what they did

THIS IS NOT THE CASE IN REAL ESTATE, NOT TO THIS EXTENT.

i know a guy who cashed in at 17k per coin

1 coin

that's an argument from authority without even specifying a specific authority

cashed out his wallet at 12k

I'm not saying you are wrong per se, but your thinking there sucks

it doesn't suck. he couldn't cash out when he wanted so he lost money

due to the massive transaction time

+ the exchange time

he has infinite money

DO YOU KNOW WHY WALL STREET LIKES IT? BECAUSE THEY LAUGH AT THE CHUMPS THAT INVEST IN IT.

all he has to do to get more money is fucking live due to trusts

mother you often substitute mockery for thinking

"OH I'LL TAKE 1 AND 10 TO MANAGE YOUR SHITCOINS FOR YOU, SURE. LOL."

it works on dumber people but not me

I MOCK AND THINK. I THINK SARCASTICALLY.

LET'S SEE. ECOMMERCE FOR SOYCOIN DROPPED YEAR-OVER-YEAR AND CONTINUES TO BE ON THE DECLINE.

titus - your dude sold at 17, but realized 12k of it. IF he invested when it was worth something measured in the hundreds, he'd still have made a fat return

volatility basically ceases to matter on a long enough timeline

@Exilarch I SOUND CRITICAL. IN REALITY, I LOVE BITCOIN BECAUSE IT HAS ENABLED AN ENTIRELY NEW CLASS OF IDIOT TO EXPLOIT.

exactly

there was no way to predict the bubble when it was in the hundreds

there is no way to predict it

so? how do you proceed when you don't know the likely future?

there must be a way to do so

given that most of hte liquid currency is in it due to fucking drugs

@Death Strike's Bat THIS IS TRUE. HOWEVER, AS AN EXAMPLE, YOU CAN BE SOME NOBODY PENNY STOCK, ANNOUNCE YOU'RE DOING AN "ICO" AND SEE YOUR STOCK 240%+ OVERNIGHT.

with traceable transactions

your chance of a cash out is pretty fucking bad.

if you got in on the ground floor and now it's here, even losing 50% value between sell and actual cash received is still a huge price increase

so...

there's no way to know to get in on the ground floor and you wouldn't be able to cash out a large amount now

there are websites where you can use bitcoin to directly buy stock portfolios

1portfolio.com I believe

you can literally just straight swap your btc for stocks and bonds

how could you not turn around and sell those more liquid assets for cash

or, having made a gorillion percent return on your investment already, just set up a trust with stuff that pays you dividends and live off that forever

...exactly

this is what I mean when I say you are morally condemning it instead of strategizing how to succeed with it

most exchanges limit the rate at which you can cash out to something like 20k a month and you must cash out below the federal limit AND the limits in the countries where the exchanges are

oh no, only 20k a month

and having converted to that bitcoin and with financial records not being destroyed, you're best bet is not to invest at all

@Mother wait? you dont support bitcoin? but i know a bunch of lolbertarians who invested in it back in like 2014 and now have like literally thousands of dollars to buy hooch with.

people are diligent and people are smart. most people cannot cheat on on their taxes for years in a row as they will eventually catch you

who said anything about tax evasion? that is a non sequitur

you are now beginning to exhibit kettle logic

https://en.wikipedia.org/wiki/Kettle_logic

it is tax evasion as bitcoing transactions are taxable

it is not kettle logic

@Jossi TRUE. PEOPLE MADE MONEY BUT CAN THEY EXPLAIN HOW THEY MADE IT? IS IT A THESIS-DRIVEN INVESTMENT?

HOW DO YOU VALUE IT? IT HAS NO INTEREST RATE.

especially given that most bitcoins have been laundered

dont ask me qustions about money goddamnit all i know about money is what thomas sowell told me

basic economics ftw

LOL

@Jossi I WANT YOU TO READ SOMETHING. HOLD.

no, that's actually true. i read his book lke 6 years ago when everyoen was like OMG HE IS SO BRILLIANT

you'd be surprised how much people and cash can be gotten by pasting two and two together. if the viets could paste the documents from the us embassy in saigon back together, the IRS can surely catch you

especially when you're cashing out amounts that are autoflagged

and going to the front of the queue with other nu money idiots

https://prestonbyrne.com/2017/11/26/the-bear-case-for-crypto-part-ii-fractional-reserve-marmot/

i'm pissed at gab

there is no "alt tech" only "ghetto tech" i.e. tch without money or talent. the people at gab are shit tier ameturers

^
so is discord, gmail, windows 10, and modern MAC OS X

WHAT'S WRONG WITH GMAIL?

messages don't always go through

weird filters

GAB FOR FAGS. GMAIL IS FAB.

STRANGE. NEVER HAD A GMAIL MESSAGE DROP.

but it works unlike hotmail/yahoo

received

not dropped

gmail is nigga tech, get on protonmail or tutanota

@Jossi I HAVE ACCOUNTS ON BOTH OF THOSE

okay

GMAIL HAS HIPSTER EXTENSIONS THAT I LIKE

but gmail is for fags

really?

i havent used gmail in liek 2 years. i dont know what is going on

lol swiss privacy laws on proton mail

will use both thanks guys

AND I USE GOOGLE CALENDAR FOR EVERYTHING AND IT AUTOMATICALLY ADDS FLIGHTS AND SCHEDULED MEETINGS.

gmail has g drive

GDRIVE IS GREAT

I exploit the free 10gb per account

IM TOLD PROTON MAIL WAS MADE BY THE DEEP STATE

i dunno about that. i do know the ddos protection goes through israel

but if it is DS, tell me and i'll go to tutanota or somethign

DDOS PROTECTION GOES THROUGH MOSSAD*

I WOULDN'T WORRY. IT'S WELL BUILT IN ANY EVENT: PROTONMAIL.

fuck, is there anything (((they))) dont have their hands on?

YES, SELF-HOSTED EMAIL. BUT THE PERSON THAT TOLD ME ALSO DOES TOO MUCH COKE.

brett does coke? who knew? 😄

j/k brett

pleas no shoah

WHILST MANY THINGS WERE INSERTED INTO THE ORFICES OF BRETT STEVENS OVER THE YEARS I CLAIM INNOCENCE ON HIS PART ON MODERN DAY COKE USE.

@Jossi HA! NO, I HAVE DONE NO COKE, EVER, IN MY LIFE.

I AM AFRAID OF COCAINE

@Jossi MY BET IS THAT THE GAB BUSINESS MODEL IS ALL TORBA; HE WANTS TO RAISE ENOUGH MONEY TO DO IT RIGHT

PERSONALLY I THINK GAB IS A B+ AND BETTER THAN ANY OTHER RIGHT ALTERNATIVE SO FAR

http://www.amerika.org/podcast/nationalist-public-radio-episode-six-education/

cocaine is a lot of fun

too much fun

YES THAT IS WHY I FEAR IT

plus you're undoubtedly supporting mestizo beheaders

THAT TOO

DRUGS THAT SOUND TOO GOOD TO BE TRUE + NOT ALL STORIES ARE GOOD = STAY AWAY

DRUGS WHERE MOST STORIES ARE GOOD = MAYBE, BUT DRUGS ARE STILL DEGENERATE

[ LIGHTS PIPE ]

yeah drugs are bad for you

weed cures my aids

on the other hand, weed gave me aids

kind of a bust

im stoned as a rock

@Death Strike's Bat show mother the puppy

PUPPY???

https://twitter.com/Shadilaymaos/status/946549189214916608

Mother saw the puppy.

@diversity_is_racism anyone who doesn't have an adderall prescription is going to lose at life

The puppy

KEWT

my MOMMY is reading a brett stevens article

is she hot

@devolved HI MOM!

when i was 14 my mom found anus.org on my browsing history and was deeply concerned

ANUS.COM

that's right

DID YOU EXPLAIN IT ATTRACTS AND UNITES THE BRIGHTEST MINDS IN PHILOSOPHY?

no but guess the concerns were valid since it filled me with so much nihilism that 15 years later I'm working with corporate swine manhattan's financial district

swin in*

swine in**

@Re-Attatcher AND YOU ARE STILL SANE?

I SYMPATHIZE FOR YOU. I ESCAPED THAT ENVIRONMENT.

never was

i don't think you can be sane and live in this city

you have to be either a sadist or masochist and be the living incarnation of schadenfreude

@Re-Attatcher APPRECIATE IT AS A ZOO FOR HUMANITY'S MOST DEPRAVED. IB AFFORDS YOU LITTLE ESCAPE.

how did you escape @Mother

QUIT/STOPPED CARING. I PRIMARILY TRADED THE NIKKEI INDEX.

http://www.cnn.com/2017/12/21/us/university-professors-free-speech-online-hate-threats/index.html

step 1: do a series of underhanded media tactics for decades, generations

step 2: accuse the other team of doing all of it to you

we need to start hanging professors in the streets

CNN: "harassment is cool unless it's against marxist propagandists"

https://twitter.com/DrV1ce/status/946568804682801152

"I DRESS THIS WAY BECAUSE ADOLF WAS RIGHT" @diversity_is_racism

M

O

T

H

E

R

HOLLYWOOD DEAD

we need to go out into the woods and smoke DMT

and attempt to summon a portal to hell

@MentalSyntaxError mix it with dry leaf salvia and you're there

yes

that's the attitude

did that once and was in a wormhole in outer space

first everything turned to gameboy colors and then bugs bunny colors

lol

i got wormholes when i did WBTB WILD lucid dreaming

OOOF

sadly did not meet any archfiends\

soon

yes i should try again

https://scontent-lax3-1.xx.fbcdn.net/v/t31.0-8/fr/cp0/e15/q65/26173926_1727811347249864_7052749673663719477_o.jpg?efg=eyJpIjoidCJ9&oh=4dbe617069531310da16b0b08492f28e&oe=5AC070D5

when do i get my name to be yellow again

you know i can't stand being in a chat room being a meme peasant

well

mere peasant, but i suppose meme works too

lol what have we done to the youth of this country

we need to do more

need more chaos

i am bored

@MentalSyntaxError I AM FIXING THE GNAA WEBSITE

THEN WE WILL LAUNCH AN ICO

WITH THE MINING CLIENT PORTED TO LINUX FOR NIGGERS

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

for those who remember yakko's world

what will you call the ICO?

@Jossi you changed your name on me I was so confused

I was wondering why some dude was dming me out of nowhere then I realized it was you

@charles watson GNAACOIN?

lmao

what the fuck is up with gnaa.us

@Ramen YOU DAMN WEEB CHANGE YOUR AVATAR.

@MentalSyntaxError JUST A PLACEHOLDER

HOPE TO HAVE IT FINISHED THIS WEEKEND

(NEW SITE)

THEN WILL UPLOAD PRESS RELEASES

nice

gnaa could use reviving

ALREADY ARCHIVED OLD PRESS RELEASES

since there's zilch going on

with trolling

https://pastebin.com/Jr3hj8FB

@MentalSyntaxError TRUE. AND TODAY IS THE RENAISSANCE OF TROLLING.

@Mother why u so mad

why today?

@Ramen DON'T START WITH ME YOU FILTHY REPROBATE.

😠

I haven't done anything to you

@MentalSyntaxError BECAUSE EVERYTHING IS NON-BINARY AND SOCIAL JUSTICE

PEOPLE GET OFFENDED BY A FUCKING "MICROAGGRESSION"

I'm just tryina have a good time

@Ramen TRUE. THE ANIME JUST MAKES ME FEAR FOR YOUR GENERATION AND YOURSELF.

@MentalSyntaxError AND I CREATED AN ORGANIZATION TO ADDRESS THESE VERY ISSUES FOR BLACK HOMOSEXUAL AT-RISK INDIVIDUALS WITH SIMILAR CONDITIONS AS YOURS.

GNAA should try to take over the internet IMO

i think it's time

DEMAND EVERYTHING REVERT TO WEB 1.0?

LET'S DO IT.

lmfao that in part indeed

IT'S A WORTHY CAUSE. INTERNET PRUNING. WWW EUGENICS.

how is the ICO going to work out