That's a psychological ploy they used to try and trick people into associating something that's imaginary with no value with something that actually exists that the human mind has an affinity to as money or value - physical metal coins.  Regardless,  Bitcon is obviously a currency and not money.  It's not a commodity, not a resource, and doesn't have any of the traits required of money like fungibility, durability, acceptability, etc.  

Not fungible - no explanation needed.  No acceptability - anyone can create a digital shitcoin in their basement so they have no Schelling point, while it's not possible for humans to create a new noble metal so the Schelling point works.  As I said before, the durability of iodized table salt is 5 years and the durability of noble metals is almost eternal, while Bitcoin durability is unknown and can die at any second through numerous black swans a real commodity is immune to, or fall into disfavor and die like all confidence games because it's not a resource in itself.  It simply does not pass any of the tests of 'money' and even refers to itself as a currency and not money.

Bitcoin is a currency, not money.  It's in the word cryptocurrency just in case you're extremely slow.  Currencies are by definition all valueless, Keynesian constructs based on artificial scarcity that start at a value of zero and always return there.  They're obviously not "stores of value", but simply confidence games.  It's not possible to claim Bitcoin is a "store of value" without simultaneously claiming Dogecoin is a store of value at the same time, and by definition all 5 billion other digital shitcoins.  Obviously none of them are because they're currencies and not money.  

To be money, aka a store of value in the context of humans requires being a non-perishable, physical commodity resource.  A box of iodized table salt can serve as a limited form of money having a shelf life of 5 years, while noble metals work much better almost completely defying entropy eternally.  Bitcoin isn't even non-perishable because it's shelf life is completely unknown.  It can die to hundreds of black swans metals are immune to, and like all confidence games, it can die at any second just by falling into disfavor because it's not a resource in itself.

BayAreaCoins, as a paid ESF Jew shill, what is your opinion on the govt rounding up and arresting all members of the CFR, BIS, IMF, and all the Mossad Jew shills like Wolf Blitzer, Jake Tapper, and useful idiot, shabbos goyim like Anderson Cooper and executing them all for the charges of sedition, treason, human trafficking, drug trafficking, organ trafficking, financial fraud, and war crimes?

Afterwards, freeze all assets of the evil cult of Judaism in places like NYC, then drop a few strategic nukes on Israel in retribution for their hundreds of false flag terror attacks such as the USS Liberty, 9/11, and involvement in the Kalergi plan?  Then as per the coinage act of 1792, reinstate physical metals as the only form of money.

So you're saying that in an end of the world scenario where no monetary instrument has value at all and the skies are covered in radioactive clouds and you're leaving all your belongings and vehicles behind at your house that it's inconvenient to carry a million dollars worth of physical metals in your pocket while attempting to run away from the hypersonic nuclear missiles?  Okay. 

Stuff like this only applies to people who are dumb enough to live somewhere like Chicago or NYC during economic implosion or war in the first place.  Anyone living in a lower density area is already at the place everyone else will be trying to flee to.  And you seem to conveniently overlook the fact that in any scenario of mass emergency and migration, the economic system and infrastructure will have imploded, and the only types of things that have any hope of being monetarily useful are barter and physical metals anyway.

You did not rebuke anything with your comment.  If anything, you just backed up my point.  Whether these people are self taught programmers or went to an expensive school, regardless of if they're better at doing it than everyone else on earth, they have no prospects because they have no "referrals" or "network", especially in an economic downturn when these companies start getting rid of programmers they already have.  

Even if they have experience - let's say they're the best video game designer on the planet - and while Super Mario 1-11 were good, they worked on Super Mario 12 and through no fault of their own, the game turned out to be complete crap.  Their resume is now even worse than a fresh off the boat, entry level, college grad.  How do you form a "referral network" working gig jobs when the sucess of the final product output is not even within your control because you're a cog in the machine making up 1/1000th of that machine?

The guy's Youtube channel that was from pushed the conclusion that working for, or attempting to start out at most of these companies is pointless and that you have to try and develop something yourself and self employ.  But that tactic in "big tech" falls into the Marxian problem of trying to compete against people with way more capital and resources than you that's going to make it tough or impossible.  There's a few good solo dev apps, but good solo dev games or other more complex projects are almost non-existent nowadays.  The only real lesson is do not enter into any oversaturated field.

Once again, you Indian street merchant of Calcutta, you're posting complete bullshit.  Artificial scarcity has no value.  Nor does the scarcity of anything that's not an actual physical commodity resource in the first place. Someone could have just as easily made Bitcoin have a halving every day, or even every second!  Would that make it more "valuable" because the imaginary supply decreases faster?  No.  Earth is a closed ecosystem so the gold isn't even increasing.  All you're really describing is how Bitcoin is an instamine/flash mine scam while it takes much longer to mine all the finite gold and silver on earth (and no, space mining is not viable because cost of production is astronomical).

Performining multiplication or division (artificial halvings) on something imaginary (Bitcoin) gives you a value of zero because your constant is imaginary.  Imaginary things are represented by a numerical value of zero.  0(bitcoin)/2 = 0. Imaginary things do not have value.  Dogecoin block reward collapses faster than Bitcoin.  Does that make Dogecoin more valuable?  No.  It's the equivalent of dividing 0 by 4 instead of 2.  There's a million different arbitrary, digital shitcoins and none of them have value.  Anything based on artificial scarcity is nothing more than Keynesian scam whether it's fiat or Bitcoin.

Ted was obviously right.  I mean, what does a computer do?  It takes data and rigidly defines it into various structures then tracks and monitors it all in real-time.  Allowing any integration of humans into that process is always going to end up with the human being evaluated then monitored in real-time like cattle as well.  For that not to happen, computers have to be a trivial curiousity like they were in the 1980's and early 90's instead of a requirement to exist at all where everything from getting a job to shopping and everything else requires integrating yourself into it on the internet.

And what is Bitcoin?  An even further malpractice of that phenomenon.  Everything is tracked and monitored in real-time with biometric identification inevitably being linked to accounts and so forth.  There's absolutely nothing good that can come from digital shitcoins at all, especially when physical metals are infinitely more viable as money and don't have all the dystopian downsides digital shitcoins do.

Stop riding around on a segway in Belgium going up to random people trying to trick them into buying digital shitcoins.

Not even close to similar because mining itself is nothing more than futures speculation.  Driving a car is not speculation unless the driver is Asian.

Also, it really feels like most of you people in this thread have never been miners.  I've mined with CPUs, a room full of GPUs, and mined with ASICs.  People who have mined understand a lot better how the economics of this market works than people who haven't.  It sure as hell doesn't feel like Trollgoossens has mined anything, nor JayJuanGee.

No.  I specifically said last halving was not priced in to everyone.  The price was fucking $200 then when I was saying it.  The price is a lot higher than $200 now...50x higher.  Since the amount of Bitcoin mining is already enormous with China not really allowing any more, and the mining capex charts also looking like a thrown baseball at the top of an arc with nowhere to go but sideways or down, it's easily possible Bitcoin has now reached peak mining and won't expand more.  You cannot pump the price without vast expansion of mining to support it.  That's how POW works noobs.

What will you do if it's the first priced in halving and after halving it just sits here or dumps to $6k or lower with everyone sitting there like "WHAT THE FUCK THIS IS SUPPOSED TO BE A GET RICH QUICK SCHEME PONZI"

We have arranged for Mnuchin to make the announcement Bitcoin is banned instead of Trump due to Trump seeing it as bad optics, and everyone already hates Mnuchin for being a Jew anyway.

The fact that the people in these Youtube comments can easily, readily find 1000 places to spam applications to in the first place kind of represents industry oversaturation by itself.  Face it, the world was in a tech bubble in 2000 and current year is just a repeat all over again except even bigger judging by 'unicorn' valuations and the FAG stocks.  

Also, both the graphics industry and codermonkey industry are terrible in general.  Who the hell wants to work a 'gig' job with no job security at all PERMANENTLY and always have to be filling out job applications 24/7 forever?  LOL. That's even worse than being a Chinese Foxconn day laborer.  At least those people have job security.  It's the state of the graphics, video games, and visual effects industry and much of the codermonkey industry at the moment.

The #learntocode meme people post pretending coding is the future of employment is hilariously stupid.  You need to be a flat out fool to not be able to tell the video games industry is in an insane bubble right now.  There's so many games coming out per day you can't even play a fraction of them even if you pirate them all, don't work, and play video games 24 hours a day lol.  Here's some guy on Youtube today talking about how he sent out 1000 job applications and got one interview, and a guy in the comment section with 200 and no job or interview.  

Coding is a fucking bubble.  Telling everyone "learn to code" is like telling everyone on earth "learn to be a plumber dude".  In an economic downturn, nobody even needs any virtual jibberish located inside of a computer so almost the entire industry is expendable except for a few govt, healthcare, billing, etc, related jobs.  Of course, these people's posts are likely also an indicator of the general direction of the economy at the moment as well.

The kikes are coming for Trollgoossen's dog pooprocket.

https://dailystormer.name/leftists-call-for-animal-sacrifice-we-must-get-rid-of-cats-and-dogs-to-save-the-planet/

The fact they use the words "end of credit cycle" inherently means the main destructive forces are from fractional reserve lending.  Sure, banks can still make bad loans in a 1:1 system, but the lack of leverage and much higher lending standards that go along with it would eliminate most or all of the catastrophe of the so called business cycle.  It would be much more difficult to create bubbles without imaginary, leveraged capital.

People using imaginary, leveraged capital to try and create even more imaginary, leveraged capital profits are a huge driver of waste, planetary desctruction, and likely large contributor to human overpopulation as well.  Now back to your usual schedule of mindless JayJuanGee and Trollgoossens posts while the thousands of women who cry themselves to sleep at night like Lauda wait for my return.

Being a communist is pretty natural for trannies.  Since anything incapable of reproducing is nothing more than a genetic error as far as natural selection and evolution are concerned, all of these perceived undesirables, dysfunctional people, genetic errors, and what have you, attempt to forcibly legislate their existence to having some type of validty or meaning when it doesn't.  It's complete insanity to allow them to do so since it's the equivalent of advocating some form of reverse evolution and the collapse of humanity.

The Spartans supposedly just tossed their genetic errors and undesirables out in the woods to die or whatever to prevent the whole from becoming too weak.  It sounds harsh, but allowing massive amounts of undesirables to reproduce just means they're going to form a giant coalition/army that will have to be dealt with by somewhat functional human, right wing deathsquads anyway someday.  In other words, having zero natural selection criteria doesn't seem to work.

The Jews - being inbred, dysfunctional, neurotic, degenerate subhumans themselves - attempt to form a coalition with other subhumans in order to attempt to kill off functional members of humanity and a society they're incapable of fitting into.  It's the scorched earth policy. Lesbians want to fill the role of men but can't and can never fit into civilization due to being genetic errors so instead of putting themselves out of their misery, they attempt to destroy the world and screw over everyone else out of spite.  But no-coiners are people who have no physical gold and silver. The "coin" in Bitcoin doesn't even exist.  They're imaginary, valueless timestamps.