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its not a good investment for cashing out purposes but if youll want to buy drugs in 6 months you can buy the bitcoins today and youll be able to buy a lot more drugs in 6 months than if you waited and bought them with cash
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Oct 24, 2017 14:49
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Pac-Manioc Root posted:Is there a way to cash out at their nominal value that isn't shady as hell and like as not to take the bitcoins and run? there are many exchanges now that will let you easily cash out at least a few hundred to a few grand per week straight to your bank account just like cashing out your paypal account but if you really need to trade for cash because your bitcoins are drug money or because you don't want to pay taxes or you ahve millions of dollars worth youll have to find a guy on localbitcoins who probably won't murder or rob you but you can't totally rule it out
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Oct 24, 2017 14:55
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spasticColon posted:Bitcoin keeps going up for the same reason the stock market keeps going up. It's a bubble that will inevitably burst. its true but that doesnt change the fact that all of us could be posting from kiddie pools full of cocaine right now if we'd bought $100 worth of bitcoin instead of deriding it back in 2011
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Oct 24, 2017 15:23
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Cease to Hope posted:also the part where if you bought bitcoins in 2012 you probably had them in an exchange that ended up robbing everyone Storing them in the exchange versus in a wallet you alone control has always been totally elective so you only probably did this if you are a lazy retard
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Oct 24, 2017 16:36
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Extra Large Marge posted:I don't think bitcoins are going to go away, but they will even out at some point. It's 99.8% people buying and selling drugs with no interest in owning bitcoins for longer than 20 minutes
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Oct 24, 2017 16:40
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BloodyScab posted:Yea the people who used them as their 401ks were kooky but other than that the hate on bitcoins here is just bizzare and must be out of habit at this point. Most of gbs knows nothing about btc except what they learned in the early days when these threads were just r/Bitcoin helldump To them it's still just gpu miners eating dessicated fruit because they lost everything on the magic the gathering online exchange
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Oct 24, 2017 16:46
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FogHelmut posted:if this is a currency, why would you sell it for real currency? I dunno man if you had a shitload of pesos that's just as good as dollars or euros and idk why anyone would cash that out either. I mean it's all currency
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Oct 24, 2017 17:25
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FogHelmut posted:so in which country am I able to spend bitcoins as currency? On the internet
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Oct 24, 2017 17:47
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BeefThief posted:im sorry i dont believe in fiat currency. would you instead take an internet currency whose value fluctuates wildly and, in spite of being valued at a ridiculous level and cornered by chinese mobsters and the winklevoss twins, has many hardcore adherents among doomsday preppers and sovereign citizens? yes, i will use this to pay for my star citizen rig. Nonetheless it is literally possible to do this and most of these merchants use bitpay which pays them out in dollars so your points are irrelevant
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Oct 24, 2017 18:32
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Believe it or not, the truth is somewhere in the middle and those of you who are convinced that Bitcoin is bad for reasons a goon told you in gbs in 2011 are just as retarded as a true believer like ham sandwiches who made money investing poorly and thinks it's because of his keen financial instinct
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Oct 24, 2017 18:43
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Burt Sexual posted:btc is less secure than cash hth Not if you need to convey it to someone who isn't standing next to you
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Oct 24, 2017 19:22
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Rad Russian posted:1. The algorithm is factually broken and can't support wide adoption. It already takes hours for a transaction with a minuscule userbase.
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Oct 24, 2017 19:55
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Rad Russian posted:Bullshit. Do a transaction right now without attaching significant fees to it. How long is it going to take? It's a stupid marketing shill thing you're doing same as "no transaction fees!". What the hell are you even talking about? Go make a coinbase account and a mycelium account. Buy some btc and send it to yourself. It'll take under an hour, every time. I've actually used btc (to buy drugs) so I already know this
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Oct 24, 2017 20:03
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Rad Russian posted:Are you seriously this dense? Obviously sending money inside Coinbase is free. It's just 0 and 1s in their own database. This is why I said to send it outside of coinbase to another wallet you retard No Bitcoin transaction takes days or weeks to process, this has nothing to do with fees and I think maybe you're confusing the time required for a buy or sell order to go through on an exchange at a certain price with the time it takes for a Bitcoin transaction to go through because otherwise the words you're posting just don't make any sense in the order you've chosen to arrange them
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Oct 24, 2017 20:16
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something v bad has happened to ethereum 
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Nov 7, 2017 18:25
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Hob_Gadling posted:I'm not sure I believe this. If most bitcoin users are chinese trying to get their money out, who would put dollars in the system and why? You'd have to be pretty silly to actually buy something like that. it's people buying drugs on the dark web believe it or not there's a lot of money in drugs, which you can buy easily with bitcoins poverty goat fucked around with this message at 03:43 on Nov 9, 2017 |
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Nov 9, 2017 03:40
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Uranium 235 posted:Coinbase/GDAX and Gemini both allow cash withdrawals for US customers. I think Kraken does too for EU users. I'm not familiar with the Asian exchanges. this can't be true because it contradicts the gbs hivemind shun the nonbeliever
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Nov 9, 2017 19:07
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Here's a feelgood bitcoin story CEO who presided over Mt. Gox’s collapse could end up with massive profits quote:...
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Nov 11, 2017 02:45
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Old Story posted:what is a bitcoin paypal for drugs
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Nov 13, 2017 16:13
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Rufio posted:Tbh you don't call yourself a carpenter unless you are doing it in a professional capacity. Plenty of amateurs are fishermen though, how do you explain that
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Nov 13, 2017 18:42
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You can't buy drugs with a credit card
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Nov 13, 2017 19:43
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Inept posted:People are buying it and mining it because they think they can get rich, not because they want to use it for anything People are buying it to spend right away on drugs
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Nov 13, 2017 20:02
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Even vendors of legal drugs like kratom won't take normal payment methods because junkies will chargeback scam them
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Nov 13, 2017 20:35
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sounds like someone at the preschool is doing a bunch of cocaine bitcoin and coinbase did this
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Nov 21, 2017 14:34
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Inept posted:Yeah there's no way to actually make sure an email is being opened on the same computer as the browser. coinbase uses standard 2fa with a 6 digit code via sms iirc and requires you to do it again after logging in to withdraw funds etc. there's no way this isn't monumental user error and/or an employee at the daycare if they'd walked in and dropped $10k in cash into a donation box, and that went missing, they'd be just as hosed poverty goat fucked around with this message at 15:27 on Nov 21, 2017 |
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Nov 21, 2017 15:25
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Inept posted:If you can get your target to go to your fake website and provide you information, it's not that hard to bypass most 2 factor devices aside from hardware tokens that get plugged in to USB/bluetooth so, user error then
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Nov 21, 2017 15:45
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revwinnebago posted:Bitcoin will be worth $0 someday. That day could be today. Nah, when the speculative bubble pops it'll just fall back to 2008 levels and still be used as drug currency, but to buy it youll have to western union to a guy in belarus like buying liberty reserve back in the day
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Nov 27, 2017 18:32
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COMRADES posted:I saw an Amazon brick and mortar bookstore at the mall the other day and I had to sit down for a moment. this is a side effect of being in the onion timeline
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Nov 27, 2017 18:49
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If we had all bought bitcoins at 6000 a month at we'd all be rich
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Dec 4, 2017 18:10
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Bitcoin is dumb because I can't figure out how to use a website that junkies and Bitcoin libertarians navigate and use successfully every day
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Dec 4, 2017 20:50
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Photex posted:Guys it's only the fifth 30% adjustment relax. now is the time to buy before it hits 50k in january but unironically
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Dec 22, 2017 16:17
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Pochoclo posted:Actually it is because you're actively, heavily contributing to climate change and energy scarcity for internet pogs. can you certify that this post is carbon neutral
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Jan 13, 2018 15:35
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https://twitter.com/icowid/status/963842751279243264 a markov bot informed by ICO whitepapers and erowid trip reports
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Feb 16, 2018 03:03
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AARO posted:I've never really looked at the porn sections but I assume every dnm prohibits child porn. I have no idea where people think child porn is being sold for Bitcoin. it's just that if child porn is being sold anywhere on the internet it's with bitcoin, not amazon pay, for the same reasons that people use btc to buy drugs, weapons and credit card numbers
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May 24, 2018 13:40
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Thanks to NASA's embrace of blockchain-related products and services, we will begin to see the shortening and strengthening of spacecraft supply chains in the very near future. NASA researchers have started using blockchain technology to improve the "cognitive networking and computing infrastructure" of deep-space missions in an effort to make better data-driven decisions for autonomous spacecraft. Broadening this blockchain implementation to include a superior means of supply chain management will benefit the economy — making it easier and less expensive to bring products to market — and allow NASA to economize costs without compromising quality.
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Jun 29, 2018 13:48
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comedyblissoption posted:also you've made a net of $0 until you've successfully withdrawn into filthy fiat out of any crypto-related exchange this is easy though for a few grand of non-drug money
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Jun 30, 2018 12:45
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Raspberry Jam It In Me posted:It's easy as long as enough hard currency enters the pyramid scheme to pay out those who want to leave and for the middle men to skim off a living. Coinbase's USD reserves must be shrinking fast with the huge sell off. Their "lawyer" is probably already googling for an exit strategy (pretend a hack happened, ghost the users, openly grab and run, etc.) not that you're wrong in the broad strokes but a few grand here and there is more than covered by the demand from people buying bitcoin to spend on drugs everyday, and coinbase at least will buy a few grand a day from you without having to interact with buy orders. As long as you don't try to do it during a sell-off or something and you don't care about the government seeing the money someday it's really not difficult or dangerous, unless you store all your coins/money in the exchange day to day like a retard The difficulty of cashing out illicit btc actually just netted the DEA et al a bunch of busts via an agent-run coins for cash service but this has probably been posted here by now https://www.nbcnewyork.com/investig...-486588951.html quote:Authorities arrested 40 people and seized more than $20 million in guns, drugs, cars, gold and cryptocurrency after a massive, year-long undercover operation targeting underground activity on the Internet. ironically, the US government will have no trouble cashing out those btc at auction poverty goat fucked around with this message at 19:17 on Jun 30, 2018 |
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Jun 30, 2018 19:07
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LethalGeek posted:Years from now when AARO comes up it won't be that weirdo who defended buttcoin by pulling a pedo card out of no where they will just be devolved into a pedo without the context. years from now goons will forget which is which and use aatrek/aaro interchangeably
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Jul 16, 2018 18:25
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The White Dragon posted:if bit coin reaches 100k usd by the end of the year i will film myself chugging a pint of lemon juice. my "piss tape" this is a stupid thing to post in 2018 it's going to hit 100k now and it's this thread's fault
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Jul 17, 2018 21:19
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is it time to buy yet?
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Aug 15, 2018 15:38
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