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necrotic posted:GDAX is run by Coinbase.  quote:Like many many others here, I wired money ($30,000) to GDAX back on Dec. 13th, 2017. 5 days later they sent me an email telling me it would be reversed because it came from my business account and not personal account. It's been two months now and nothing. My support ticket has been "escalated" but that means nothing. Once a month they will send me an email apologizing for the delay and telling me all backlogged wires have been sent and they are closing out my case, every time I have to email them back and re-open the case. Back and forth but nothing happens and nothing changes. There is no one to talk to and no one to complain to, their customer service is a joke as we all know. Meanwhile I NEED that money and I need it back ASAP and I'm running out of options, and I am getting desperate. Desperate times call for desperate measures. Waiting for months on end is not a solution. I have a strong feeling I will never see this money again, and I don't plan to let this go.
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Feb 7, 2018 03:01
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A bunker? For my bitcoins?? https://qz.com/email/quartz-obsession/1130471/ Per Dr. Joseph Farrell's blog (https://gizadeathstar.com/2018/02/bunkers-bitcoin-cern-switzerland-argentina-stuff/)
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Feb 7, 2018 03:18
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Spermanent Record posted:So you're saying a large portion of people playing with their internet money can't even cash it out right now? I thought all the Bitcoin evangelists were crowing about how easy it is to make withdrawals. It's complicated getting in. Getting out is an epic journey.
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Feb 7, 2018 03:22
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quote:Ironically, we need a lot of regulations & standards to police the crooked exchanges like Coinbase. Ironically: (adv.) having no irony whatsoever, usually describing an inevitable and natural outcome
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Feb 7, 2018 03:30
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hm yes youtube live is the answer, also throwing money at some new exchange (???) called robin hood that isn’t at all telling u with its name it will take ur money
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Feb 7, 2018 03:45
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let it mellow posted:hm yes youtube live is the answer, also throwing money at some new exchange (???) called robin hood that isn’t at all telling u with its name it will take ur money no, no, robin hood is an app, you see, that's ~disrupting~ finance by letting people do free stock trading obviously this is a great idea
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Feb 7, 2018 03:48
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Goon project: petition the chinese government to regulate bitcoin
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Feb 7, 2018 03:49
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Mirthless posted:no, no, robin hood is an app, you see, that's ~disrupting~ finance by letting people do free stock trading oh much better
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Feb 7, 2018 03:51
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Wow it's like someone smashed up Western Union's weird side-gig where they invest your cash temporarily, with everything that was bad about the mortgage-backed securities market.
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Feb 7, 2018 03:51
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let it mellow posted:hm yes youtube live is the answer, also throwing money at some new exchange (???) called robin hood that isn’t at all telling u with its name it will take ur money yeah, that's what blows my mind. The guy writes a passionate article about how he got ripped off, the dummy. Figures its worthwhile to put some energy into seeing if he can get his money back; and then wraps it all up with a big "sheesh! If I had only waited for Robin Hood crypto, my world would be roses!" It's so baffling to not see the error in logic, I wonder for a moment if it's just a troll, but then realize, no; it is sincere.
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Feb 7, 2018 03:54
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I have a coworker who is trying to convince me that BTC is good. He wants me to watch some netflix documentary. Sigh. He told me that the stock market is gambling. I explained that it's not gambling but that it is investing in someone elses business with the expectation of a return. He doesn't get it. I told him that until he understands the difference between gambling and the stock market BTC will probably make sense to him. Oh well.
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Feb 7, 2018 04:02
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Weren't butt touchers in the thread saying how Coinbase was legit and actually cashed people out easily? Is it redditors expecting 10 minute withdrawals and losing their poo poo or are they just starting to eat people's money (en mass) now
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Feb 7, 2018 04:20
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Wassbix posted:Weren't butt touchers in the thread saying how Coinbase was legit and actually cashed people out easily?
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Feb 7, 2018 04:22
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Waltzing Along posted:I have a coworker who is trying to convince me that BTC is good. He wants me to watch some netflix documentary. Sigh. He told me that the stock market is gambling. I explained that it's not gambling but that it is investing in someone elses business with the expectation of a return. He doesn't get it. I told him that until he understands the difference between gambling and the stock market BTC will probably make sense to him. Oh well. There's a gamble in both, BTC is just much more volatile.
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Feb 7, 2018 04:24
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Waltzing Along posted:I have a coworker who is trying to convince me that BTC is good. He wants me to watch some netflix documentary. Sigh. He told me that the stock market is gambling. I explained that it's not gambling but that it is investing in someone elses business with the expectation of a return. He doesn't get it. I told him that until he understands the difference between gambling and the stock market BTC will probably make sense to him. Oh well. Stock market *is* gambling. Investing used to be about putting money into a business and then reaping the profits through dividens. Now it's about buying stock and then hoping someone else will want to get in at a higher price. It became less about the business making money, as long as it appears more attractive to upcoming "investors". Crypto is like that except there's no business to invest in.
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Feb 7, 2018 04:32
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I'm going to buy a bitcoin
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Feb 7, 2018 04:42
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so I was checking out the block difficulty (https://diff.cryptothis.com/) and unless I'm reading this right they are expecting a significant decrease in difficulty at the end of this epoch. Which has to mean a sizeable amount of mining horsepower has been removed from the network. If the price crashes any more before then end we might see an incredibly long and arduous slog to even reach the difficulty reduction.
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Feb 7, 2018 04:50
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Grem posted:I'm going to buy a bitcoin Gratz on your future Lambo my dude!
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Feb 7, 2018 04:51
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wid posted:Stock market *is* gambling. Investing used to be about putting money into a business and then reaping the profits through dividens. Now it's about buying stock and then hoping someone else will want to get in at a higher price. It became less about the business making money, as long as it appears more attractive to upcoming "investors". True up to a point. The reason dividends are not popular anymore is because companies simply do stock buy back with the profit they make. So if you invest into a profitable company, the stock will go up simply by virtue of them dumping their own money into their own stock. There is no business revenue to prop up bitcoin. I mean the magical tether printer I guess.
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Feb 7, 2018 05:01
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wid posted:Stock market *is* gambling. Investing used to be about putting money into a business and then reaping the profits through dividens. Now it's about buying stock and then hoping someone else will want to get in at a higher price. It became less about the business making money, as long as it appears more attractive to upcoming "investors".  You can buy many, many stocks that pay dividends. Some don't. A company that doesn't pay a dividend either chooses not to so they can invest back into the company (including buying back outstanding shares), or because they cannot afford to because they are failing. A company that once paid a div and doesn't today is probably not in a good place fiscally.Any stock listed on a major exchange is required to produce gobs of data not limited to but including a balance sheet. You can see exactly what they did in sales, paid in taxes, EBIDTA, etc.
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Feb 7, 2018 05:02
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Sten Freak posted:
they also publish novels prior to the financial information so as to keep you informed about the many awards they gave themselves this year.
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Feb 7, 2018 05:21
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Rad Russian posted:True up to a point. The reason dividends are not popular anymore is because companies simply do stock buy back with the profit they make. So if you invest into a profitable company, the stock will go up simply by virtue of them dumping their own money into their own stock. correct terminology there is "business" "revenue"
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Feb 7, 2018 05:26
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Sten Freak posted:
Companies are obligated to reinvest their earnings in company growth or into dividends and buybacks... BUT Majority shareholders also often can and do elect themselves into positions that pay a poo poo ton of money. So like they can be CEOs or CFOs are whatever and choose to pay themselves whatever is "fair." So like you can make yourself a CEO and pay yourself a poo poo ton of money and invest the rest into growth and ignore shareholders. Which does benefit shareholders, but shareholders aren't necessarily owed dividends or stock buybacks.
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Feb 7, 2018 05:28
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It's kind of nutty how people who have no idea how any of this poo poo works are coming out of the woodwork making GBS threads on anything that even resembles a cryptocurrency. I have no stake in this except $40 in change left over but I at the very least can acknowledge how helpful it is to those of us who live in areas without access to medical marijuana and carfentanil.
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Feb 7, 2018 05:36
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Shampy posted:It's kind of nutty how people who have no idea how any of this poo poo works are coming out of the woodwork making GBS threads on anything that even resembles a cryptocurrency. I have no stake in this except $40 in change left over but I at the very least can acknowledge how helpful it is to those of us who live in areas without access to medical marijuana and carfentanil. It's hard to strike a balance and develop a moderate take on this stuff. It's either the world's savior or the world's biggest joke depending on who you ask. I think it's a fascinating subject just from the psychology that goes into a fake stock market involving billions of dollars and people from all over the world into weird simulated real world economic concepts. Watching the faster chats you can see people lay out their trains of thought and mental gymnastics in real time. VictorianQueerLit fucked around with this message at 05:42 on Feb 7, 2018 |
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Feb 7, 2018 05:40
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null posted:Goon project: petition the western government to regulate bitcoins Buttcoin project: clone the Bitcoin core codebase but rebrand it as Cryptographic Fraud Token Coin or the Secure Encrypted Coin Blockchain Ledger of Wealth & Security or Freedom Integrated Nano Computational Economic Nash Equilibrium Network Coins  and it's a two year long prelaunch marketing campaign announcing the egalitarian Genesis block launch but actually just reinacte the Bitcoin history of mining the majority of the coins before the general public and than upping the difficulty and reducing the payout
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Feb 7, 2018 05:41
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I make all of my investing decisions based on how much carfentanil I can safely acquire over the internet
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Feb 7, 2018 05:42
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Shampy posted:It's kind of nutty how people who have no idea how any of this poo poo works are coming out of the woodwork making GBS threads on anything that even resembles a cryptocurrency. I have no stake in this except $40 in change left over but I at the very least can acknowledge how helpful it is to those of us who live in areas without access to medical marijuana and carfentanil. source your quotes
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Feb 7, 2018 05:43
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Shampy posted:It's kind of nutty how people who have no idea how any of this poo poo works are coming out of the woodwork making GBS threads on anything that even resembles a cryptocurrency. I have no stake in this except $40 in change left over but I at the very least can acknowledge how helpful it is to those of us who live in areas without access to medical marijuana and carfentanil. i have a tremendously more respect for people who have a stake in crypto to buy weird drugs from the internet than i do people who have a stake in crypto to get rich or play wall street outlaw
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Feb 7, 2018 05:43
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Great Official Antifiat Trading Stock Exchange . Coin Xcellarator
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Feb 7, 2018 05:45
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let it mellow posted:Great oh my god do i have depressing news for you https://goatse.cx/
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Feb 7, 2018 05:47
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Dolphin posted:Well... not exactly. GoPro in a nutshell.
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Feb 7, 2018 05:48
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boner confessor posted:oh my god do i have depressing news for you goatse is a bitcoin. WTF!
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Feb 7, 2018 05:50
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boner confessor posted:i have a tremendously more respect for people who have a stake in crypto to buy weird drugs from the internet than i do people who have a stake in crypto to get rich or play wall street outlaw Pretty much, yeah. The problem is the way that these currencies solve problems for the regular weed smoker can be applied and extrapolated all the way to the head of the Russian mob getting his multiple million pay-out free and clear without a (theoretical) care in the world. And the government doesn't like that. I'm not anti government or anything like that but I understand why they do not like the idea of this technology. I'm curious to see what the following year brings to the whole industry.
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Feb 7, 2018 05:54
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let it mellow posted:goatse is a bitcoin. WTF!
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Feb 7, 2018 05:54
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Shampy posted:Pretty much, yeah. a regulatory light touch apparently. The money has spoken and we are beholden to the interests of an unregulated gambling economy and its nepotistic lobbyists, Mr Importantguys niece is pulling the strings now.
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Feb 7, 2018 05:55
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Grem posted:I'm going to buy a bitcoin I mean, I know it dropped a lot, but it still costs a lot of money. You could probably get a used Volvo instead. And then you can drive the Volvo to work and stuff.
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Feb 7, 2018 05:56
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paul krugman saying what we are all thinking. warning: future leaders of industry are replying his thread https://twitter.com/paulkrugman/status/959804402231111680
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Feb 7, 2018 05:56
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Shampy posted:Pretty much, yeah. Or you could just buy weed with cash like a normal person
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Feb 7, 2018 05:58
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VictorianQueerLit posted:This is the dangerous kind of thing I was talking about awhile ago where people are assumed to be experts because they made money. He can't even pick out his own clothes, that's a stock outfit from https://www.stitchfix.com/
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Feb 7, 2018 05:59
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