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It's impossible to make money, because of capitalism. Bit-coin, on the other hand...
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Nov 25, 2019 17:55
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Jfc people, stfu or talk about buttcoins.
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Nov 25, 2019 17:57
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Splicer posted:The point being made is that while you, personally, might be able to become a millionaire in a manner partially attributable to sacrifice and hard work A) Yes it is. Your millionaire next door is very boring and old and has sacrificed their whole life without hurting anyone. They usually drive a ten or fifteen year old good used car. B) I have no privilege. My parents divorced when I was a teenager and I've worked since I was eleven years old. My safety net is built up over decades of saving C)I exploit no one. My investments are all mutual funds. Anyone can do this without hurting people. That's why it's so cool. tango alpha delta fucked around with this message at 18:20 on Nov 25, 2019 |
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Nov 25, 2019 17:58
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tango alpha delta posted:Not sure why you are angry. I'd like to help if I can. Bud I'm not angry at all I'm just trying to figure out what you you did to make so much money and so far all you've said is dont eat out, dont buy the latest iphone. Can you just do a quick rough writeup like: graduate high school, go to college, get a small loan from your parents to start a biz, sell it or whatever it is you think helped you besides "dont spend"? It just feels like there are a few steps missing you know?
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Nov 25, 2019 17:58
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Harry Potter on Ice posted:Bud I'm not angry at all I'm just trying to figure out what you you did to make so much money and so far all you've said is dont eat out, dont buy the latest iphone. Can you just do a quick rough writeup like: graduate high school, go to college, get a small loan from your parents to start a biz, sell it or whatever it is you think helped you besides "dont spend"? It just feels like there are a few steps missing you know? My parents have no money, so I could not rely on them at all. I'm sorry to disappoint you, but "so much money" is made by staying out of as much debt as possible and working and saving for decades. It's really quite boring. Your education doesn't matter as much as who you know. Well, who you know gets you in the door and what you can do keeps you employed. Anyway, bitcoins are a ridiculous way to make money. (USER WAS PUT ON PROBATION FOR THIS POST)
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Nov 25, 2019 18:12
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Can the guy who is lying about being a millionaire in this blessed Bitcoin thread please stfu thanks in advance
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Nov 25, 2019 18:27
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Put down the avocado toast and buy buttcoin
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Nov 25, 2019 18:30
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Should I buy a bitcoin?
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Nov 25, 2019 18:32
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EorayMel posted:Should I buy a bitcoin? No. Buy ten!
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Nov 25, 2019 18:37
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tango alpha delta posted:A) Yes it is. Your millionaire next door is very boring and old and has sacrificed their whole life without hurting anyone. They usually drive a ten or fifteen year old good used car. D) You had no bad events in your life that reversed your ability to save or set you back to nothing. Therefore you think anyone can do it; you don't realize you're in the lucky minority because that luck is invisible. The things that didn't happen to you were more important than the things you did.
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Nov 25, 2019 18:45
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Klyith posted:D) You had no bad events in your life that reversed your ability to save or set you back to nothing. Therefore you think anyone can do it; you don't realize you're in the lucky minority because that luck is invisible. The things that didn't happen to you were more important than the things you did.
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Nov 25, 2019 20:03
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Splicer posted:I always forget about D, and a big reason is that I'm fortunate enough to live somewhere with good social safety nets. Not as good as they were 20 years ago but still light years ahead of the US. The good thing about Bitcoin is it can be bought in the US and then the person can move to a place with good social safety nets and spend the bitcoin there. To purchase local currency. Or child brides if that's what that person is in to.
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Nov 26, 2019 01:42
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CannonFodder posted:The good thing about Bitcoin is... child brides 
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Nov 26, 2019 01:46
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You can do that with USD, as well. The problem is that those nice countries don't want Americans unless they can contribute anything. And most BTC people are drains on society.
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Nov 26, 2019 01:47
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To cut this off at the pass: I have never purchased Bitcoin and have no intention to do so, and I have never purchased or otherwise acquired child brides and have no intention to do so.
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Nov 26, 2019 02:35
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I somehow don't think the countries that allow someone to purchase child brides are countries that have a good social safety net.
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Nov 26, 2019 03:27
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ymgve posted:I somehow don't think the countries that allow someone to purchase child brides are countries that have a good social safety net. checks out for the united states at least
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Nov 26, 2019 04:18
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Tashilicious posted:checks out for the united states at least 
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Nov 26, 2019 05:08
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Splicer posted:I always forget about D, and a big reason is that I'm fortunate enough to live somewhere with good social safety nets. Have a medical event in the US and you'll never forget about the big D in your A.
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Nov 26, 2019 05:45
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CannonFodder posted:To cut this off at the pass: I have never purchased Bitcoin and have no intention to do so, and I have never purchased or otherwise acquired child brides and have no intention to do so. "but—crucially—not in the same way that you or I have never"
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Nov 26, 2019 10:06
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Anyone can do it, right. The median household income in the USA is $56,516 If you have no kids and are enormously frugal, lets say you can save $20,000 a year? It seems unlikely but might be possible if nothing ever goes wrong. That is going to take thirty years to save up a million dollars even with compound interest. But good luck saving almost a third of your pre tax salary every month and never having any exceptional expenses.
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Nov 26, 2019 10:20
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At a certain point I have more respect for the bitcoiners and day traders because at least they have the conscious thought that they are going to win out over everyone else. The middle class mutual fund millionaire evangelists have like no conscious realization that 1. They are ridiculously fortunate to have capital at all and 2. The market momentum that allows them to pretend to rent take like the 2nd estate is entirely hinged on poors having no capital because they spent it on the useless bullshit underpinning your mutual fund and the market bubble if everybody stuck their extra pennies into the market would gut everyone involved Let your money work for you! Lol
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Nov 26, 2019 12:17
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Patrat posted:Anyone can do it, right. Also you must realize that most people making this kind of money are living in a major city with a high cost of living and especially rent?
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Nov 26, 2019 16:27
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A full 25% of working age adults are not participating in the workforce today. https://data.bls.gov/timeseries/LNS11300000 All in all I'm saying you're woefully out of touch and should probably stop posting about it.
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Nov 26, 2019 16:33
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Fleetwood Crack posted:A full 25% of working age adults are not participating in the workforce today. Even if they were true inflation means your million would only be worth around 500k in today money anyway. e: misplaced full stop and some word choice made me sound like a dick. Splicer fucked around with this message at 17:39 on Nov 26, 2019 |
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Nov 26, 2019 16:58
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Splicer posted:Patrat is arguing /against/ saving a million being achievable by anyone. Assuming that the average income is actually 56K and assuming you can save 30% of your net pre-tax income and assuming you don't have any unexpected setbacks, even then it would take you 30 years to save 1 million. Given these are trivially falsifiable or, for most people, mutually exclusive, then the hypothesis can be assumed disproven. Is what they were saying.
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Nov 26, 2019 17:18
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Splicer posted:Patrat is arguing /against/ saving a million being achievable by anyone. Assuming that the average income is actually 56K and assuming you can save 30% of your net pre-tax income and assuming you don't have any unexpected setbacks, even then it would take you 30 years to save 1 million. Given these are trivially falsifiable or, for most people, mutually exclusive, then the hypothesis can be assumed disproven. Is what they were saying. Not to keep this derail going, but: I make more money than the median Canadian (shy of the median household income by a bit), and the only way I can figure I can save that kind of money is to move back in with my parents, as the money I spend on rent and additional car insurance and food would allow me to put at least half my paycheque away. But then I'd be living with my parents, and in a city that has nothing to offer for someone under 40 who doesn't like to perform rural cosplay in an isolated suburb. If I had a kid to raise, I'd probably end up doing anyway. Fleetwood Crack posted:All in all I'm saying you're woefully out of touch and should probably stop posting about it. This. Saying, "You can do it, too, if maybe, possibly the stars align and you get lucky as poo poo that nothing horrible happens to you" is really missing the forest for the trees, at best. For a moment, I thought I was in the Boomer thread with this poo poo.
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Nov 26, 2019 17:29
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mojo1701a posted:Not to keep this derail going, but: I make more money than the median Canadian (shy of the median household income by a bit), and the only way I can figure I can save that kind of money is to move back in with my parents, as the money I spend on rent and additional car insurance and food would allow me to put at least half my paycheque away. Splicer fucked around with this message at 17:55 on Nov 26, 2019 |
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Nov 26, 2019 17:52
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Why would anyone spend their entire life on a 50k salary trying to save and collect a million dollars in cash anyway? 'saving up' is the worst way to make money unless you make 150k+, and even then you should spend it on property, funds and equity in companies. Which isnt saving, it's earning so much you can comfortably invest it into things that might make more. Someone who earns 50k a year is going to find it very difficult to save hundreds of thousands only to blow it buying into a risky business proposition or the stock market, no matter how much of a sure deal it seems. you either have to have enough to be ok with a significant loss or be exceptionally stupid - it's no coincidence that many 'self made' rich people are completely unaware of the scale of the risk they took when they got lucky, and just how many people make similar risks to them and lose it all.
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Nov 26, 2019 20:14
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bitcoin go down
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Nov 27, 2019 10:54
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Bitcoin goes up, Bitcoin goes down. You can't explain that.
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Nov 27, 2019 10:56
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Please stop responding earnestly to the obvious troll.
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Nov 27, 2019 11:10
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Lambert posted:Bitcoin goes up, Bitcoin goes down. You can't explain that. Fuckin' bitcoin, how do they work?
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Nov 27, 2019 11:42
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Solar Tornado posted:Fuckin' bitcoin, how do they work? miracles when number go up backwards, inverted miracles
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Nov 27, 2019 12:08
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Splicer posted:Even if they were true inflation means your million would only be worth around 500k in today money anyway. That's a loving bitcoiner argument, you're better than this.
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Nov 27, 2019 12:42
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Sorry for the earnest bitcoin question, I'm not a true believer or holder or anything like that but unfortunately I have a use case for bitcoin and searching online for a straight answer is just a god drat nightmare; I want to receive bitcoins to multiple addresses (let's say, 12) and then just forward them on to my main wallet at coinspot. How do I do this?
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Nov 29, 2019 04:20
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Wutang-Yutani posted:Sorry for the earnest bitcoin question, I'm not a true believer or holder or anything like that but unfortunately I have a use case for bitcoin and searching online for a straight answer is just a god drat nightmare; What's your use case? Drugs? Ransomware? Blackmail? Tax fraud?
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Nov 29, 2019 04:41
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Wutang-Yutani posted:Sorry for the earnest bitcoin question, I'm not a true believer or holder or anything like that but unfortunately I have a use case for bitcoin and searching online for a straight answer is just a god drat nightmare; Get a bunch of 1's from the bank. Now toss them in the air. Now punch yourself in the nuts. Hope this helps.
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Nov 29, 2019 04:47
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orange juche posted:What's your use case? Drugs? Ransomware? Blackmail? Tax fraud? No none of those, and it's not porn, murder, regicide or indeed anything illegal sorry to say. Look I think bitcoin is stupid too but unfortunately sometimes you find yourself having to work with something stupid.
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Nov 29, 2019 05:07
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Wutang-Yutani posted:No none of those, and it's not porn, murder, regicide or indeed anything illegal sorry to say. Wutang-Yutani posted:Please don't ban me. This sounds illegal OP, you should probably not do it
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Nov 29, 2019 05:23
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