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Anyone have a link to that story about a guy trying to sell his bit coins, and the best he could find was some dude meeting at a Starbucks and offering bags of Amazon gift cards? And then he could never cash out more than maybe a hundred dollars or so, even though he had many hundreds if not thousands in coins. Whenever I see people say they're worth whatever amount of money, I always think of that story.
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Jun 7, 2017 06:31
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Bitcoins, A GBS Page 1 thread. What has Bitcoin proper's overall volatility been like over the years? I have no idea where to see these things
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Jun 7, 2017 07:42
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CodfishCartographer posted:Anyone have a link to that story about a guy trying to sell his bit coins, and the best he could find was some dude meeting at a Starbucks and offering bags of Amazon gift cards? And then he could never cash out more than maybe a hundred dollars or so, even though he had many hundreds if not thousands in coins. Whenever I see people say they're worth whatever amount of money, I always think of that story. It's So Easy Easy Like Sunday Morning Easy Come, Easy Go
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Jun 7, 2017 14:49
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I just sold my Nintendo Switch to buy bitcoins. If you think about it, that is free bitcoins.
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Jun 7, 2017 19:10
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QuarkJets posted:again, there's nothing wrong about laughing at ross "mycrimes.txt" ulbricht, mark "did nothing wrong" karpeles being so not-wrong that he came out of Japanese prison looking super slim and good, or super-agent CARL MARK FORCE IV Sure there is. Focusing on stuff that sounds bad / is easy to make fun of on the internet, but doesn't make a big difference in the grand scheme of things, is precisely how goons were wrong about Bitcoins from day 1. Yeah all that stuff happened, and if you could weather the dumb churn new things have when they get introduced (which included that stuff) now it's worth $3k. Big deal, goons were full of poo poo.
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Jun 7, 2017 21:39
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Ham Sandwiches posted:Sure there is. Focusing on stuff that sounds bad / is easy to make fun of on the internet, but doesn't make a big difference in the grand scheme of things, is precisely how goons were wrong about Bitcoins from day 1. It's worth 3k if you can sell it and withdraw the money and hold it in your hand Otherwise it isn't worth poo poo because it's not backed by goddamn anything also shut up
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Jun 7, 2017 22:08
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Also Ross keeping a literal diary of his time running a million dollar drug empire is in fact hilarious
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Jun 7, 2017 22:08
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BENGHAZI 2 posted:It's worth 3k if you can sell it and withdraw the money and hold it in your hand Hmm front page articles in paper after paper and more people buying bitcoin and AMD cards but this dude has seen through the charade and understands its true worthlessness. Can you HOLD a bitcoin?? Checkmate goons, checkmate.
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Jun 7, 2017 22:14
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That a small fraction of Bitcoin users can successfully turn their butts into money during a marginal trading bubble is pretty tangential to the fact that Bitcoin businesses are near universally scams or drug markets and the community thinks a protocol that handles single digit tx/sec can become the global currency.
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Jun 7, 2017 22:15
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Ham Sandwiches posted:Hmm front page articles in paper after paper and more people buying bitcoin and AMD cards but this dude has seen through the charade and understands its true worthlessness. Can you HOLD a bitcoin?? Checkmate goons, checkmate. On the other hand [–]coinlord88redditor for 0 hours [score hidden] an hour ago DO NOT USE Localbitcoins. I have tried to trade iTunes gift cards on their site numerous times and EVERY SINGLE TIME I GET SCAMMED. I am not a rookie trader, their system is FLAWED, and their support is the ABSOLUTE WORST. The fact that I can upload an iTunes gift card to a TRUSTED Bitcoin seller. Have them take the balance off my iTunes gift card, and then say I gave them an empty card, and have LOCALBITCOINS SIDE WITH THE SCAMMER IS ABSURD. It's worth three grand but you have to get it in iTunes gift cards
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Jun 7, 2017 22:16
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Also "more people buying Bitcoin" needs a citation seeing as the activity plummeted after Chinese laws changed and the bots stopped trading to move money out of the country
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Jun 7, 2017 22:17
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How much money have you actually made on Bitcoin
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Jun 7, 2017 22:18
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Zerilan posted:That a small fraction of Bitcoin users can successfully turn their butts into money during a marginal trading bubble is pretty tangential to the fact that Bitcoin businesses are near universally scams or drug markets and the community thinks a protocol that handles single digit tx/sec can become the global currency. A good summary of what goons have been repeating for roughly 4-5 years even as the exchanges change, the amt of money being traded increases, governments start using it, and crises come and go without undermining the whole thing. Here's what's cool about a Correct Opinion like this one. You just dust it off the shelf whenever the topic comes up and post it. It never expires and it never becomes out of date. You just post the correct opinion and you move on, having posted correctly. And here it is, the correct opinion from 2012 - 2017 I guess. And going. Everything is a scam, yaknow, except for real investors buying bitcoin tracking funds on real exchanges that let them buy quasi bitcoins and this dude never needs to update the script to factor this stuff, it's just not important.
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Jun 7, 2017 22:18
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Ham Sandwiches posted:A good summary of what goons have been repeating for roughly 4-5 years even as the exchanges change, the amt of money being traded increases, governments start using it, and crises come and go without undermining the whole thing. The exchanges change because so many of them go belly up you numbskull
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Jun 7, 2017 22:19
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BENGHAZI 2 posted:How much money have you actually made on Bitcoin Hey dude the guy that works in a comic book store so he can buy more comic books probably should concern themselves with "maybe this is a way I didn't have to put in all the time in the comic book store" Here's how much money I've made: enough that I don't work in a loving comic book store lmao
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Jun 7, 2017 22:20
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Also LMBO that you don't realize the difference between people speculating on the actual market which is regulated and idiots spending money on pounds sperging
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Jun 7, 2017 22:20
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Ham Sandwiches posted:Hey dude the guy that works in a comic book store so he can buy more comic books probably should concern themselves with "maybe this is a way I didn't have to put in all the time in the comic book store" I like my job quite a bit, also how much did you make on bitcoin
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Jun 7, 2017 22:21
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Trade volume in btc's the lowest it's been in like 4 years and took like a 95% drop the moment Chinese bots stopped trading with each other lol
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Jun 7, 2017 22:23
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BENGHAZI 2 posted:I like my job quite a bit, also how much did you make on bitcoin It's a good idea to spend your short and finite time in a store selling comic books instead of say, having your GPU make you free money out of thin air l m a o. Just imagine how much more time you'd have to do stuff if you had mined a few bitcoins and could exchange them for $3000 each right now.
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Jun 7, 2017 22:23
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BENGHAZI 2 posted:How much money have you actually made on Bitcoin
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Jun 7, 2017 22:26
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Zerilan posted:Trade volume in btc's the lowest it's been in like 4 years and took like a 95% drop the moment Chinese bots stopped trading with each other lol I believe your information may be secondhand and out of date. If it's not I'm real interested to read more details about this 
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Jun 7, 2017 22:28
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Ham Sandwiches posted:It's a good idea to spend your short and finite time in a store selling comic books instead of say, having your GPU make you free money out of thin air l m a o. iTunes gift cards can't pay bills also why is doing something you enjoy bad
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Jun 7, 2017 22:30
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Jeffrey of YOSPOS posted:ahh the ultimate pwn - "oh yeah, you must also have the wrong type of ram, yourself" I just want to know to settle my own curiosity man
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Jun 7, 2017 22:31
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BENGHAZI 2 posted:I like my job quite a bit, also how much did you make on bitcoin I'd like to know this as well. Everyone keeps saying that you can buy low and sell high, but when you sell, someone else has to buy. What happened to the people that bought in before a crash? Also I'm about a year behind on the YOSPOS thread (I read it in my downtime at work and at the gym). Whatever happened to Bitcoin Core, Classic, and XT?
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Jun 7, 2017 23:12
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Ham Sandwiches posted:I believe your information may be secondhand and out of date. If it's not I'm real interested to read more details about this  Chinese currency controls kicked in around January 23rd, 2017
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Jun 7, 2017 23:14
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exploded mummy posted:
Ah so the resumption of normal trading while bitcoin has been appreciating for the past 6 months once the 4 month period of anomalous trading came to an end, as they tend to do. But it's important to frame it as a catastrophic drop in trading volume with no other context or explanation. Hmm. Do you think that, maybe, that is misleading?
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Jun 7, 2017 23:23
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Ham Sandwiches posted:Ah so the resumption of normal trading while bitcoin has been appreciating for the past 6 months once the 4 month period of anomalous trading came to an end, as they tend to do. Sell! Sell! Sell! Remember that one? Lol True now too
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Jun 7, 2017 23:42
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Ham Sandwiches posted:Yeah all that stuff happened, and if you could weather the dumb churn new things have when they get introduced (which included that stuff) now it's worth $3k. Big deal, goons were full of poo poo. If you could weather all the ways you could have lost, you would have won !! So, Ham Sandwich. You never did reveal: * how much money you'd made from acting per your advice * what your crypto holdings were. As others note: mojo1701a posted:I'd like to know this as well. Everyone keeps saying that you can buy low and sell high, but when you sell, someone else has to buy. What happened to the people that bought in before a crash? If you're going to come to this thread and give crypto advice, you really owe it to the people you're advising to give the proof of the pudding. I'd hate to think you were giving advice so worthless you weren't following it yourself. Also, Ross keeping a literal loving diary of his crimes is actually hilarious.
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Jun 7, 2017 23:44
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divabot posted:So, Ham Sandwich. You never did reveal: Do you remember the part where I said I would not? It seems odd that you keep asking for something I clearly specified I would not provide. I wonder what you might be trying to accomplish? quote:If you're going to come to this thread and give crypto advice, you really owe it to the people you're advising to give the proof of the pudding. I'd hate to think you were giving advice so worthless you weren't following it yourself. Uh, no.
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Jun 7, 2017 23:46
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Help me understand something. If you think bitcoins are dumb you are justified in posting whatever you want and it's cool. Just post on SA following the consensus. If you think those people are wrong about how dumb bitcoins are, you have to provide proof of being a bitcoin investor and your earnings or losses. Obviously you're not this retarded, so what are you really trying to accomplish?
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Jun 7, 2017 23:50
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Ham Sandwiches posted:Do you remember the part where I said I would not? Indeed I do. However, it still remains you're advising people to do things you yourself don't do. But if you do do them, please tell! And if you don't, then actually you do need to explain why everyone else should do these things, when you don't yourself.
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Jun 8, 2017 00:30
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Oh good Hammy is back!   You're the funniest thing to happen to the Bitcoin threads since Bitfinex stopped USD withdrawals!
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Jun 8, 2017 01:00
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Ham Sandwiches posted:Ah so the resumption of normal trading while bitcoin has been appreciating for the past 6 months once the 4 month period of anomalous trading came to an end, as they tend to do. normal trading my dude its at its lowest point in two years also people did in fact explain the drop in trading volume
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Jun 8, 2017 01:07
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Eww I just discovered that the gas station less than a half-kilometre from work has a Bitcoin ATM. Even worse, a guy filling up his car beside me wore an Eagles t-shirt. It's down the road from McMaster University, so I assume he's hoping to take advantage of local college libertarians and techbros.
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Jun 8, 2017 01:54
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Jeffrey of YOSPOS posted:A tiny percentage drop from a sell off that the market corrected for within minutes? I mean like, it does cross the "significant" line but it's nothing you wouldn't see in any currency outside of the big strong first world ones. Misleading chart/10. god damnit you're the closest thing to a cool mod we have right now don't be a fuckin' buttcoiner lmao
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Jun 8, 2017 01:59
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divabot posted:Indeed I do. However, it still remains you're advising people to do things you yourself don't do. So you can post that bitcoins are dumb without having to back it up. You don't have to have bought any bitcoins and lost money on them, but you can make the claim anyway. If you say "I think these claims are overblown" you have to be buying bitcoins yourself or it's somehow inconsistent. So: Spreading FUD about something you have no investment in is fine. Saying "I don't think these claims are accurate" cannot be done until you prove that you have an investment in the item in contention. How did you come up with this retarded standard? How? And why do you keep trying to apply it?
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Jun 8, 2017 02:05
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Divabot is literally writing a book about this you should pick someone else to do the OH YOU CANT BACK THAT IP CAN YOH thing at
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Jun 8, 2017 02:06
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BENGHAZI 2 posted:Divabot is literally writing a book about this you should pick someone else to do the OH YOU CANT BACK THAT IP CAN YOH thing at Maybe he can write a book about his idiotic double standard that he's trying to advocate like it's not dumb and it's not a double standard  The posters that post poo poo about bitcoin do so without any knowledge or direct investment. Trying to come up with some standard where you literally can't disagree with them unless you prove your investment is maybe the dumbest thing I've read in some time on this website.
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Jun 8, 2017 02:07
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OMGVBFLOL posted:god damnit you're the closest thing to a cool mod we have right now don't be a fuckin' buttcoiner lmao Always knew he had libertarian sympathies ever since he named himself Jeffrey of YOSPOS instead of YOSPOS Jeffrey.
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Jun 8, 2017 02:09
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People back up whtlat they're saying you just have it off as second hand because it's not about how strong and powerful Bitcoin is while also talking about some other guy who said he withdrew a bunch of money
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Jun 8, 2017 02:09
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