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called the wife, just bought the dip. she said "wtf are you watching anime porn?"
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Dec 7, 2018 01:58
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| # ? Jun 4, 2024 00:36 |
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People cashing out to be able to afford the games of the year. After all, the show is just about to start!
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Dec 7, 2018 01:59
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low 3300's
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Dec 7, 2018 01:59
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Dec 7, 2018 02:02
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Just a little bit more and the 30 day will hit -50%.
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Dec 7, 2018 02:02
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https://www.reddit.com/r/Bitcoin/comments/a3u596/many_are_fearful_in_the_market_right_now_take/quote:Many Are Fearful In The Market Right Now. Take Warren Buffet's Advice And Be Greedy When Others Are Fearful. quote:Warren Buffett's other great advice:
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Dec 7, 2018 02:03
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shot up by like 25 bucks, somebody check if tether printed a trillion more dollars
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Dec 7, 2018 02:03
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3311 You know that we have always been down - down
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Dec 7, 2018 02:05
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Efb was cached
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Dec 7, 2018 02:06
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The White Dragon posted:
1 bitcoin is always worth 1 bitcoin. Surely you mean the dollar has appreciated by 10.6%.
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Dec 7, 2018 02:19
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 slopes for the slope throne
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Dec 7, 2018 02:26
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3314 Burn baby, burn. This is when we really need Xenforo so we can just C&P screenshots in real time.
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Dec 7, 2018 02:28
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Lol at this 300BTC wall @ 3333. Not fake at all.
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Dec 7, 2018 02:41
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GIMMIE the butt crash baby
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Dec 7, 2018 02:49
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Sincerely hope every one of these fucks becomes completely insolvent by New Year's
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Dec 7, 2018 02:57
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moolchaba posted:called the wife, just bought the dip. she said "wtf are you watching anime porn?" Boku No Picoin
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Dec 7, 2018 03:17
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https://mkr.tools/cdp/3228 this represents some kind of trade on margin and it'll get liquidated if the price of ethereum goes below $84.80. i don't really understand it and i'm not sure if that's 2 million in real money or etherum but the ethereum people sure are freaking out about it, and whoever owns it keeps adding more money so the liquidation price goes down nor is this the first time they have made wise investment choices: https://twitter.com/sassal0x/status/1064771407081422848
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Dec 7, 2018 03:18
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Why is coinbase asking me to log in to see the charts Haha no coinbase bad coinbase im not giving you even a burner or fake email address gently caress off
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Dec 7, 2018 03:31
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oh my god ok so i think it's even crazier than a margin trade. i gave myself brain damage trying to read this explanation but i'm pretty sure these guys invented their own tether, except they figured out a way to make the bagholders fund itquote:Dai (Maker’s stablecoin) is backed by collateral (ether to be specific). Let’s say you’re an ether holder and you would like to create Dai. Your first move would be to send your ether to a “collateralized debt position” known in shorthand as a CDP. ah yes a sudden crash in the price of butts. a truly unforseeable black swan event
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Dec 7, 2018 03:35
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Bitcoin cash is below 100.
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Dec 7, 2018 03:45
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Tiny Bug Child posted:oh my god ok so i think it's even crazier than a margin trade. i gave myself brain damage trying to read this explanation but i'm pretty sure these guys invented their own tether, except they figured out a way to make the bagholders fund it lol a crypto CDO? jesus christ these people
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Dec 7, 2018 03:52
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Heath posted:Sincerely hope every one of these fucks becomes completely insolvent by New Year's You haven't lost any money until you sell. These idiots will keep holding because everyone is telling them that Bitcoin and the alts are sure to recover next year. Oh poo poo. It just dropped under 3310 for a minute. We could see under $3000 today.
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Dec 7, 2018 03:57
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stab posted:Why is coinbase asking me to log in to see the charts https://bitcointicker.co/
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Dec 7, 2018 03:59
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Stink Billyums posted:lol a crypto CDO? jesus christ these people The best part of Bitcoin is how they have managed to solve all of the problems with Bitcoins by reinventing all the toxic financial products of fiat but with Bitcoin.
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Dec 7, 2018 04:02
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Heath posted:Bitcoin cash is below 100. It was over $4,000 a year ago 
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Dec 7, 2018 04:11
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Thanks fam now back to the crashing
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Dec 7, 2018 04:17
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Anyone else remember the bitcoin ticker that would make a fart noise everytime the price dropped?
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Dec 7, 2018 04:18
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Are you thinking of the cosbycoin site which would make the toilet flush each time a block was found?
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Dec 7, 2018 04:34
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Lolie posted:What should you do if you've mortgaged your house to buy shitcoins and it's bitten you in the rear end? Why, buy more shitcoins or go to the (crypto) casino, of course. Cut down to my favorite parts. How are we not all super rich, again? quote:My suggestion is this. ... purchase some other promising coins out there that you think would surge in price and value over time. ... you just have to wait till the value increases ... do safe betting ... Create a winning strategy. Maybe, sure odds with large stakes. ... responsible gambling. With those bonuses and a good betting skills and strategy alongside discipline, you can get something tangible from there too...
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Dec 7, 2018 04:38
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https://coinmarketcap.com/ Bitcoin is actually doing considerably better than everything else except Bitcoin SV(lol). Tether just passed Bitcoin Cash for 6th place
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Dec 7, 2018 04:40
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The Glumslinger posted:Anyone else remember the bitcoin ticker that would make a fart noise everytime the price dropped? listentobuttcoin and listentocosbycoin are both sadly offline. I used to keep both of those open at once and lol at an overjoyed flatulent bill cosby
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Dec 7, 2018 04:51
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moolchaba posted:called the wife, just bought the dip. she said "wtf are you watching anime porn?" Wife (walks in on <currentBitcoinPrice>-year-old witch in <currentBitcoinCashPrice>-year-old body): "What hell are you watching?!" *while furiously masturbation* "FUNDS ARE SAFU!"
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Dec 7, 2018 04:58
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China needs to freeze the market on this sucker
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Dec 7, 2018 04:58
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Moonshine Rhyme posted:China needs to freeze the market on this sucker The Chinese are selling off their miners for pennies right now, lol.
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Dec 7, 2018 05:05
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Dec 7, 2018 05:30
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 There's still kool-aid in the punch bowl BUY THE DIP HODL
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Dec 7, 2018 05:35
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Imagine getting paid to be a market analyst at an investment firm. It's a job in finance, so it probably pays handsomely, and yet you seemingly never have to be right about anything.
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Dec 7, 2018 05:39
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In January 2018 I was a Millionaire too! Not with Nano, but thanks to purchasing a good chunk of Bitcoin in 2011 at $1.20 each. I ended up a single digit millionaire with what I had left in Bitcoin around January of 2018. And, just like you, today, from all that wealth, I have about $30.000 left, with little to show for. Can we call that even? Although my disaster was not caused entirely by market fluctuation; Mine is a more complex story and I am going to mention it, because hopefully, it could serve as a lesson to be learned for any crypto holder out there, so they don't make the make mistake I made: Don't trust anyone. Always be skeptical and watch out for your own interests. Anyhow, here it goes: After 5 years overseas, I had enough and wanted to come back to the States. My wife stated her preference to stay abroad, but eventually, she conceded albeit reluctantly. We chose a small town in CO to settle, and landed in November of 2017. We had plans to settle down and considered purchasing a home with my/our new fortune, based on the market price during that period. At the same time, I was also hesitant about the inherent tax payments due caused by such large liquidation. I was trying to have to pay taxes as far away as possible. So, I decided to wait till New Year's Eve and started liquidating my crypto on January 1st, 2018 right after midnight. This way, I would have 16 months (till April, 2019) to pay any capital gains taxes, and I was confident at the time that the market would give me that for free, especially at the pace that it was going. I have been an early adopter and have since then acquired the high levels of verification and trading limits per week, with many exchanges, but for a large sum like this, I needed several separate transactions, over the course of several weeks, especially wanting to do it with a US-based exchange that was linked to a US bank accounts, to avoid overseas wire transfers, meaning more fees. (Yes, I did look at all OTC options, but for reasons not relevant to the story, I couldn't make it happen, so I had to use the traditional Exchange channels for asset liquidation). My wife and I, initially had some fundamental disagreements on the gross amount to be spent and the type of property we should be purchasing. I wanted a smaller place, with a denser, younger community, where there'd be kids our son's age for him to play. She insisted that we should go big; we had been traveling for so many years, and we had not been able to call any of our past residences our home. It was time to settle and nest; She convinced me that we should own a property of our own that we would be proud of living in for years. One that we could own outright and would not easily outgrow. We ended up splurging and purchased in cash two luxury cars for ourselves and set our sights on a large dream house in the city's Golf & Country Club, free and clear, for us and our two kids. I don't even play golf, nor do I even like it, but, if it makes her happy and it is within the safe margins of making it happen, I figured, why not? My concerns were largely financial and the numbers were adding up. It was a bit tight against my personal safe margins, but, at the same time, I was imagining to never have to make, or even have to think about, a car or home mortgage payment ever again! Bitcoin is on a roll and there is no sign of it stopping. Fine. Let's do it, before I change my mind. Now, I admit I was extremely lucky with choosing the time of when to sell the assets. I had no clue the market would take a dive in February, and so it seemed to many that I had timed the market perfectly, selling most of my coins in the first two weeks of January of 2018. Many called me a genius for selling at the very top, as if I had some sort of wisdom to know when it would drop; the truth is much less flattering; it was nothing but dumb luck, based on me wanting to pay taxes in 2018 and defer to 2019. Awesome, well done! Yeah? well, slow down, son, not so fast. So, I gather the 7-digit lumpsum in January 2018 and we write a check for the full amount at closing in February on the property of her dreams. A property that could easily be showcased on a luxury Real Estate magazine cover. Also, remember we had just moved back to the United States with just a few suitcases each from overseas. We had no furniture, kitchenware, curtains, TV's, bed sheets, winter clothing and so many other essential things that one usually purchases over time, but which we now had to purchase all at once. Not a problem, Bitcoin had dropped slightly but still well above $15k, I believe, at the time. And, earlier, in January, I had diligently taken this expense into account and effortlessly set aside a small fortune for equipping such a large house with everything we would ever need, brand new. It seemed we were protagonists of one of the Home Makeover Shows. Finally, after working day and night, prepping the house non-stop for days and when every piece of furniture had finally arrived, been unpacked and carried to its corresponding room, it seemed most of the essentials were in place and the hard work was done. I longed for pouring myself a Scotch and to finally sit down and enjoy the fruits of my labor. I head downstairs to the dedicated walk-in, cigar-humidor / wine / Scotch cellar in the basement and grab the better bottle of Whisky of the few bottles of Scotch that I had bought earlier in the week. On my way up, I remember feeling a sense of calm, combined with a glow of excitement and this undescribable profound inner peace, all at once. This was such a rare, natural, non-drug induced high that I had never experienced. It felt so good! This sense of accomplishment of achieving that one thing I had been chasing and longing for my entire life. I had expected I would be chasing this goal for the next 15-20 years, and yet, here it was. No, where I was, was even better than expected! A place where not even my parents, who still have to make their monthly mortgage payments. I had done it! With a smile from ear to ear, I take a deep breath of relief and while looking around the property, I think to myself: "It's perfect, everything is in place and I can finally call this our home. We are so lucky and we are going to live a great life. A life that few can only dream of. So many concerns will be lifted and become redundant. Everything will be better. I'll start a fire in one of our two fireplaces and I am going to begin enjoying my semi-retired life with the first sip of my drink. That will be the official start of our new life". I head over to the kitchen to get a glass and some ice cubes, while I struggle to find which one is the freezer among the many drawers in the kitchen. It was then when I notice a handwritten note placed front and center on the kitchen counter. It is from my wife and read: "There is no easy way to say this, so I am just going to say it..... I want to legally divorce [ ...]". It continued saying that she had taken our son, and had unequivocally decided to leave me. She had already filed the paperwork for divorce and that I should expect to be served in the morning. My bliss had lasted less than 5 minutes and in less than two seconds, it turned dark, somber and I saw it all crumbling down in front of me. Like a long-awaited rocket launch, years in preparation, which then unexpectedly explodes on the launch pad during the countdown. My stomach, heart and everything in my body just sank and melted into one ball of poison in my core. I felt like throwing up. I was completely blindsided; she had played the game all along, not giving me the slightest hint of what was being concocted in the background. She had already engaged with her lawyers weeks beforehand. Her mother was already in town from another state to help out with I don't know what. I had been gaslighted and was threatened by her that I needed to see a psychiatrist due to a change in my temper that I had supposedly developed - my temper was awesome: with BTC at that price? Everything was perfect! But I obeyed and went anyhow (this would later fit her story that she had to leave with the child because she feared for her safety due to my supposed temper for which I was under treatment, therefore, I must have this temper problem, see?). Also, the purchase of the overpriced home also seemed clearly premeditated: Price was the main driver of the decision making; not location, demographics, taxes, etc. It was the wrong neighborhood for us (people much older than us, retired, golfers and no kids the same age as our son to play with). Our house happened to also be the most expensive in the neighborhood. I can see it all so clearly now. See, your crypto coins on the blockchain, are not within the US court's jurisdiction (or, at least, it's quite debatable - a gray area - ask me for the seed and I can tell you that I may have the seed, or that I may not have the seed, I may have the wrong seed, I may have forgotten it, I may have lost it - you can't prove I did not forget, or lost it, etc). However, once it is in FIAT in a bank, or invested in a property, the courts can rule on the asset(s), freeze, disburse or order a sale of the property, etc. It's done all the time. Also, the coins were technically mine, and by definition private property (not to be divided during the divorce) as they were acquired before the marriage. I could not prove its origins (I bought many of them via direct messaging members on Bitcointalk.org and mining rather than exchanges, so no records, receipts or nothing to prove otherwise: the big exchanges like BitStamp and Coinbase didn't start operations till 2013, if I m not mistaken. Instead, I would talk to one of the forum members offering coins we'd agree on a price, I'd send a check to wherever the individual seller instructed me to (Russia, Bulgaria, Japan, UK. etc) and the coins would be deposited to whatever address I provided. Yes, it was quite crude at the time. However, once I converted my coins to cash and used that cash to buy a property for the benefit of the family, it became common property and thus she then had rights to a portion of it when divided between the two parties should a divorce occur - which ended up being almost 3/4 of all assets. I was robbed in broad daylight. By the one person, I trusted with my life. The one you should trust with your life. Your life partner. And while I was in complete denial, trying to bargain, I waited too long to obtain good legal representation. When I finally ended up getting a lawyer, I was quite distraught and I clearly did not do the proper research and this resulted in a less than stellar performance and detrimental to me at many key steps in the process. I had to switch legal representation right before mediation and I can't blame my new lawyer either, as (s)he did not have the required time to catch up on all the details, (s)he did his/her best, but I was ultimately strongarmed into conceding my soon-to-be-ex-wife to let her return to the house, in exchange to obtain 50% of my son's custody, with serious and strict clauses I had to abide by. So, I had to move out, find a hole in the wall in a student apartment, pay my rent and pay our kids pre-school, while she lives grandiose, without monthly payments in the country club, till the house sells, which will likely be in the spring of next year. Nice! Due to my delay, legal mishandling and somehow every other element in her favor, she inexplicably ended up with around 3/4 of the worth of all assets, free and clear, no taxes due. Mind you, she has never financially contributed, nor made a single $ during our entire marriage. She has never worked and had $0 in her pocket when we married. She didn't even have a checking account, well in her thirties. She is no dummy; she is street smart, knows how to manipulate people, get her way with flirting and charm, while I am more intellectual and book smart. and She beat me hands-down. She is walking away with a sum of, not quite 7 figures, but close. With what I am left with from the sale of the house, I am responsible to pay for all the capital gains taxes from the liquidation to the IRS, which are due in April 2019. I don't expect there to be more left over than the estimated $30k mentioned above. Hate the market all you want, I made peace with the market and am keeping busy at hating my ex for a while for putting me in the same situation. She tripped me 1 yard before the finish line and pushed me in the prickly bushes, to cross it by herself. Go figure. When I am done hating her, I'll get back to rebuilding my life again from scratch. I am not worried, I have done it before. Just pissed, I was so close and that I was so naive to not see it coming. Sorry, I am not meaning to hijack the thread, just wanted you to know that others may have lost more than just "free" money; money we didn't really have to work for. We were the lucky ones. It is what I keep telling myself to stop me from jumping off a bridge. PS - Woah: Sorry for the wall of text; I was just going to write the first paragraph and ended up venting about my current situation. I know, I should take this issue to /r/depressed, /r/exes or /r/whereisthenearestbridgeIcanjumpfrom. Hopefully, this can be a lesson to those holding crypto and some can learn what NOT to do. I learned the hard way and was left with nothing. Don't be a nice guy. Don't trust anyone with your crypto. Anyhow, I am sure either our vigilant subreddit bot, or one of the mods will remove my post for not adhering to rule, and if not, I am sure that you fine people will downvote me to hell. Go ahead. Take away from me the little Karma I left too! Thanks!
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Dec 7, 2018 05:46
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if i bought 1 bitcoin for $30,000 right now, will that cause the price of bitcoin to momentarily be $30,000?
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Dec 7, 2018 05:46
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| # ? Jun 4, 2024 00:36 |
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By: Money morning staff reports At least whoever authored this one was smart enough to remain anonymous.
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Dec 7, 2018 05:48
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