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Lol, is that you again Seraph? Or another permaban who just had to drop another $10 of his hard-earned fiat to own the nocoiners this morning?
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Jan 11, 2021 17:50
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Satchel and Trunk posted:Lol, is that you again Seraph? Or another permaban who just had to drop another $10 of his hard-earned fiat to own the nocoiners this morning?   If I stay very still, the mods won't see me. (USER WAS PUT ON PROBATION FOR THIS POST) (USER WAS PERMABANNED FOR THIS POST)
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Jan 11, 2021 17:51
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How useful will the new coop be when the singularity happens and capitalism falls?
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Jan 11, 2021 18:05
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Zefiel posted:How useful will the new coop be when the singularity happens and capitalism falls?
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Jan 11, 2021 18:07
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TheLaundryGoon posted:Yes I will. And it'll be sooner than you think. So if it's "sooner than we think" how long will you enjoy your coop before the nocoiners start "respecting" your right to live somewhere?
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Jan 11, 2021 18:13
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Zefiel posted:So if it's "sooner than we think" how long will you enjoy your coop before the nocoiners start "respecting" your right to live somewhere?
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Jan 11, 2021 18:14
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I dont get why people think its hard to cash out. You literally just send it to coinbase and do a bank transfer. Do people also find paying bills hard or sending money using a money order hard? Anyway I turned a bunch of shitcoins into a new game server plus tax money to cover it.
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Jan 11, 2021 18:17
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Stealthgerbil posted:I turned a bunch of shitcoins into a new game server plus tax money to cover it.
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Jan 11, 2021 18:18
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People have been successfully cashing out crypto for some time now. Not sure that’s a valid criticism any longer. There are those who think they can cash out without paying taxes, though.
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Jan 11, 2021 18:22
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TheLaundryGoon posted:Goongrats! Thanks! Really excited to actually make even a cent out of this. Yea people are dumb if they think they can sell crypto and not give the IRS their due.
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Jan 11, 2021 18:24
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bitcoin is a dumb gamble thing but yeah cashing out hasn't been an issue for almost anyone looking to do so
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Jan 11, 2021 18:32
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The lie is that everyone can cash out at 40k
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Jan 11, 2021 18:35
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TheLaundryGoon posted:peep this sick terrace: https://www.zillow.com/homedetails/444-E-84th-St-APT-11G-New-York-NY-10028/2078579804_zpid/ lol at $1600/mo HOA. Enjoy paying rent on top of your mortgage.
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Jan 11, 2021 18:55
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Not to class shame, isn't 500k like the cheapest place available in NYC?
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Jan 11, 2021 19:03
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why would you wanna live in a fuckin city, for 500k you can buy your own forest with luxury 5k square feet cabin style house
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Jan 11, 2021 19:13
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buy the dip
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Jan 11, 2021 19:13
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Phi230 posted:perma the dip
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Jan 11, 2021 19:23
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https://twitter.com/Austen/status/1348684004703170560?s=19 not a bubble
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Jan 11, 2021 19:33
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despite the extreme proliferation of exit scams and mtgox style baghodling, it does seem that the required persistence and plain good fortune necessary to cash out bitcoins has dropped to the point where it's reasonable to expect to get some money back without having to fight a guy in a parking lot for it this would mean 1) it's a commodity, not a currency 2) it still wasn't "correct" to buy it in the bad old days, no matter what the lucky survivors are saying now  etc etc the "it could become a real world currency any day" arguments don't really follow from this, either, for a thousand and one reasons that are being posted in this thread constantly EDIT: vvv the instant anybody tries to cash out a sizable number of coins the price plummets because it takes relatively few bitcoins to fill all the top-end buy orders on which the widely-reported price is based LordSaturn fucked around with this message at 21:06 on Jan 11, 2021 |
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Jan 11, 2021 20:00
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junan_paalla posted:The lie is that everyone can cash out at 40k what? quote:
did someone argue this? the what was to a reply about just the difficulty on cashing out...its like 2 button presses. idk where the 40k thing came from but im not following that closely Slumpy fucked around with this message at 21:21 on Jan 11, 2021 |
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Jan 11, 2021 21:00
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the post says that not everybody can cash out at $40k. the reason not everybody can cash out at $40k is because the price slumps immediately when somebody tries to cash out at $40k, because there aren't that many bitcoins people want to buy at $40k. I'm not at all sure where you're losing the thread, here EDIT: you said what, so I explained. again, really not sure what you're not getting EDIT EDIT: in context, it seems like you made a claim to the contrary, hence my explanation. I hope this clears up your misunderstanding LordSaturn fucked around with this message at 21:29 on Jan 11, 2021 |
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Jan 11, 2021 21:22
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LordSaturn posted:the post says that not everybody can cash out at $40k. the reason not everybody can cash out at $40k is because the price slumps immediately when somebody tries to cash out at $40k, because there aren't that many bitcoins people want to buy at $40k. I'm not at all sure where you're losing the thread, here who made the claim to the contrary
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Jan 11, 2021 21:24
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LordSaturn posted:
im wondering who made...the claim to the contrary... :[ we just shadow boxing posting in here now LordSaturn posted:EDIT EDIT: in context, it seems like you made a claim to the contrary, hence my explanation. I hope this clears up your misunderstanding ???????? i just said its easy to sell edit: he's arguing a claim that didn't come until after he posted and didn't actually contradict what he said? no this makes it harder to understand... Slumpy fucked around with this message at 21:37 on Jan 11, 2021 |
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Jan 11, 2021 21:28
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Pretty sure withdrawing is just selling them to coinbase for most people, you don't need to find a buyer
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Jan 11, 2021 21:28
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a 20% daily fluctuation being considered completely normal and acceptable illustrates why treating this dumb poo poo as a functional currency is hilarious we are in the greatest turmoil period of anyone on earth's lifetime right now and the US dollar is within 5-10% of where it was 12 months ago
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Jan 11, 2021 21:51
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Bought BTC and Ethereum. Both gone up less than 1% in the last hour. This is taking too long! How am I expected to hold my resolve and not immediately buy research chemicals if it will take a whole week to double? Bright Bart fucked around with this message at 23:45 on Jan 11, 2021 |
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Jan 11, 2021 21:53
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Bright Bart posted:Bought BTC and Ethereum. Both gone up less than 1% in the last hour. This is taking too long! This is the realest btc post ever
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Jan 11, 2021 22:49
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LordSaturn posted:the post says that not everybody can cash out at $40k. the reason not everybody can cash out at $40k is because the price slumps immediately when somebody tries to cash out at $40k, because there aren't that many bitcoins people want to buy at $40k. I'm not at all sure where you're losing the thread, here
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Jan 12, 2021 03:26
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nnnotime posted:In reality, at 40K bitcoin cashes _you_ out, rather than the other way around. And 40K is a pretty good number for that to happen, not to mention a pretty good year, depending on your perspective. 
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Jan 12, 2021 03:37
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Lol at being happy at living in that early 90s sitcom-set of a house 🤣 this one has a washer and dryer!!! living big now bitboys! FilthyImp fucked around with this message at 04:04 on Jan 12, 2021 |
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Jan 12, 2021 04:01
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FilthyImp posted:Lol at being happy at living in that early 90s sitcom-set of a house 🤣 hey, having a washer and dryer's a huge improvement: they can just do launder money at home now 
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Jan 12, 2021 06:17
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Ad by Khad posted:a 20% daily fluctuation being considered completely normal and acceptable illustrates why treating this dumb poo poo as a functional currency is hilarious Is anybody treating it as a currency at this point? I'm pretty sure 99 of people see it as a commodity like gold, it has an intrinsic value (as a means to pay for things) but that is so low compared to the current price that it's basically just something to "invest" in.
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Jan 12, 2021 06:41
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Son of Rodney posted:Is anybody treating it as a currency at this point? I'm pretty sure 99 of people see it as a commodity like gold, it has an intrinsic value (as a means to pay for things) but that is so low compared to the current price that it's basically just something to "invest" in. That's all it's ever been. They just need to find some justification for its existence beyond pure speculation. Otherwise, it is really just a ponzi scheme. But if you can buy a pizza with it, then it's a real currency.
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Jan 12, 2021 07:03
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But you can buy a pizza with a Ponzi scheme too
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Jan 12, 2021 07:39
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the FUTURE OF MONEY dipshits are still very much insisting currency, yes they were wrong then and are even wronger now that hedge fund hyper-capitalists have hijacked the bull run, but they still do it
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Jan 12, 2021 07:52
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On the 2017 hype train I recall many people offering bitcoin as a payment method. And there was that famous 10k bitcoin pizza. Is that not a thing anymore? I've been completely out of the loop since then.
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Jan 12, 2021 09:35
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Son of Rodney posted:On the 2017 hype train I recall many people offering bitcoin as a payment method. And there was that famous 10k bitcoin pizza. Is that not a thing anymore? I've been completely out of the loop since then.
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Jan 12, 2021 09:56
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And why would you ever cash in your btc? it's going to the moon so that $400 you'd pay for a PS4 pro might be worth $800 the next day. Only a fool would ever sell their bitcoin?
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Jan 12, 2021 10:04
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Plenty of stores accept bitcoin now days, perhaps not the biggest retailers, but I've been able to use bitcoin to pay for anything between TV, laptop and a drone to Steam game keys, VPN subscription and paying freelancers. If something like Amazon were to start accepting it it would be a huge win, but I don't think we're quite there yet with current volatility. I think bitcoin is quite useful, although sometimes when the price rises it stings to think that I technically paid for something double the price of current fiat exchange value. Like many others I don't treat it only as an investment for the future, although I won't lie that it's a major factor why I got it in the first place before the 2017 bull run and been HODLing ever since. Also, my first post on the forums, hello!
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Jan 12, 2021 10:05
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Hi Seraph
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Jan 12, 2021 10:06
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