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Hello there Friends, I am just here as a COMPLETELY NEUTRAL PARTY with no stake in these "bitcoins" as you are calling them, but have you considered that if you didn't purchase them earlier you lost out on being a mega-millionaire? That would make you a big stupid moron! It's okay though, because there is still time for you to act now and order your many many bitcoins, which will only go UP UP UP!!! BUY NOW!!! And don't listen to the naysayers in this thread, they are merely bitter grub worms who are angry that they were foolish enough to miss the BIG BITCOIN PAYDAY, just BUY! BUY NOW! BUY OFTEN! YOU CAN'T LOSE!!! $$$$$!!!!!!!!!!
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Oct 24, 2017 22:41
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Who are these loving idiots wasting a time machine trip to make money by buying bitcoin. You could use your time machine to make more money by just hitting powerball. Get paid legally a shitload more money then your fantasy bitcoin. Its like all you can think to do is buy bitcoin and MTG cards with it.
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Oct 24, 2017 23:02
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Or go back a little further and buy tons of Amazon stock. Our go back even further and invent Amazon!
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Oct 24, 2017 23:32
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For real though if you got a bunch of buttcoin, couldn't you easily cash it out by buying tons of gold/silver/platinum jewelry on overstock.com seeing as that's like the only retail goods store that accepts buttcoins, then taking it to a cash4gold place to melt down? You'd assume a lot of loss, certainly. alternatively copper plumbing fixtures because laundering your cryptocurrency through plumbing hardware is about as 2017 as it comes Justin Tyme fucked around with this message at 23:53 on Oct 24, 2017 |
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Oct 24, 2017 23:50
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Justin Tyme posted:For real though if you got a bunch of buttcoin, couldn't you easily cash it out by buying tons of gold/silver/platinum jewelry on overstock.com seeing as that's like the only retail goods store that accepts buttcoins, then taking it to a cash4gold place to melt down? You'd assume a lot of loss, certainly. Pffft, and have the price of gold go down to watch your profits slip away? Nice try, Scrooge McDuck.
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Oct 24, 2017 23:53
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https://www.overstock.com/Jewelry-W...d%20karat%3A24k quantity: 20 payment method: bitcoins  actually lol you'd be taking a massive loss but if you had 10 million dollars in ronald mcdonald money can you really complain?
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Oct 24, 2017 23:55
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Solice Kirsk posted:Or go back a little further and buy tons of Amazon stock. Our go back even further and invent Amazon! What a waste of a time machine. Clearly bitcoins are the better investment.
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Oct 25, 2017 00:02
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Goodpancakes posted:Who are these loving idiots wasting a time machine trip to make money by buying bitcoin. You could use your time machine to make more money by just hitting powerball. Get paid legally a shitload more money then your fantasy bitcoin. Winning the powerball is worse because it's public and you're seen as some dumb lucky idiot (because you're playing powerball) and now everyone wants you for your money because you don't really deserve it for one. With bitcoin however you're seen as a wise visionary, should you decide to actually tell anyone. Say you won it playing poker or something cool if you're ok with lying.
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Oct 25, 2017 00:26
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How does anyone still buy in or care? They've reneged on everything so far. Currency of the future! No transaction fees! You honestly can't even mine it realistically anymore. Plus it's pegged to the US dollar and everyone is escaping to alt coins
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Oct 25, 2017 01:24
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Bitcoin is a cumbersome currency
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Oct 25, 2017 01:33
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Casino stock money, buttcoin is on msnbc money daily, the other coin markets are heavily affecting it as wall street is divinv in. The real stock market is up 28% since Trump took office. Risk/reward and all that apply to all investing. Bitcoins just have an insane risk and large fees around money removal, its no different. 1st_Panzer_Div. fucked around with this message at 01:48 on Oct 25, 2017 |
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Oct 25, 2017 01:43
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i bought some bitcoins in 2012 and they're freaking gone now -___-
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Oct 25, 2017 01:48
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Goons have always been wrong about bitcoin, so look for the crash to happen the second the GBS hivemind endorses it.
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Oct 25, 2017 01:51
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lol i bet you loving idiots are real mad that you didnt buy a lottery ticket with the correct numbers on them
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Oct 25, 2017 01:55
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https://electroneum.com/ here you go assholes, if consuming an Irelands' worth of power for bitcoin wasn't enough, now you can waste your smartphone battery and lifespan as well
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Oct 25, 2017 02:06
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I thought people were buying it now because of the incoming fork. Double money out of thin air man, how do those eggheads do it?
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Oct 25, 2017 02:06
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wide stance posted:Winning the powerball is worse because it's public and you're seen as some dumb lucky idiot (because you're playing powerball) and now everyone wants you for your money because you don't really deserve it for one. Some states allow anonymous claiming!
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Oct 25, 2017 02:12
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Fojar38 posted:lol i bet you loving idiots are real mad that you didnt buy a lottery ticket with the correct numbers on them
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Oct 25, 2017 02:23
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Also, gently caress Coinmama.
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Oct 25, 2017 02:56
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I'd rather use the Big Mac index when comparing currencies. If I can buy 1500 Big Macs with $6000USD, how many can I buy with 1 bitcoin?
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Oct 25, 2017 03:28
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CopperHound posted:I'd rather use the Big Mac index when comparing currencies. If I can buy 1500 Big Macs with $6000USD, how many can I buy with 1 bitcoin? None but you can buy Burguer King
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Oct 25, 2017 03:34
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CopperHound posted:I'd rather use the Big Mac index when comparing currencies. If I can buy 1500 Big Macs with $6000USD, how many can I buy with 1 bitcoin? If you can wait a day or so, probably 1495.
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Oct 25, 2017 03:34
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https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.htmlquote:New York University professor of corporate finance and valuation Aswath Damodaran argues that bitcoin is a currency, but it is still not that practical for transactions. loving lol
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Oct 25, 2017 04:10
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in several decades when im 65 im gonna cash out. my bitcoins should be worth millions each by then
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Oct 25, 2017 05:10
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Ham Sandwiches posted:https://www.cnbc.com/2017/10/24/nyus-dean-of-valuation-says-bitcoin-is-a-currency.html quote:"I think we need to stop talking about how much it's gone up in the last year. A good currency is not something you boast about how much money you made in it," Damodaran said. "The pricing is getting out of hand relative to its use as a currency." lol
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Oct 25, 2017 06:02
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gary oldmans diary posted:in several decades when im 65 im gonna cash out. my bitcoins should be worth millions each by then Hell, same.
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Oct 25, 2017 06:14
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I'm still not entirely sure how, hypothetically, getting paid (as in a salary) in bitcoin is meant to work, something which should be doable if it's a currency. Like the work contract I would have signed at the start of the year, how would it have articulated what my bi-weekly pay was?
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Oct 25, 2017 12:52
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 hmm yes this looks sustainable 
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Oct 25, 2017 13:03
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Come on op, it's not that big of a deal. Next time, make a thread when bitcoin makes $10K, then I'll pay attention.
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Oct 25, 2017 13:07
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bitcoins are literally ponzi schemes and people who promote them are subhuman scum who at best are stealing from the greedy and at worst stealing from the gullible and desperate A Ponzi scheme (/ˈpɒn.zi/; also a Ponzi game) is a fraudulent investment operation where the operator generates returns for older investors through revenue paid by new investors, rather than from legitimate business activities or profit of financial trading. the incoming suckas is the literal money that gets given up to the long time investors. its value comes literally from that. there isn't any other investment or anything happening. it can implode to zero because there's nothing underneath at all. but unlike a ponzi scheme everyone gets access to the books best yet there are oodles of posts on bitcoin forums about people saying "pyramid schemes are awesome, if you're on the top" and "ponzi schemes are fine, if you're early", morally equivalent to "robbery's fine if you're the robber" and along with the wallet addresses they put in their signatures are the legal equivalent of publically, loudly and repeatedly admitting guilt a lot of terrible people are going to prison for securities fraud, which is good, but a lot of nice, desperate people who heard about it from their grandkids are going to lose money they can't afford to because they actually trust people. that's where your money comes from, when your balance goes up. them and international-scale mobsters mass-producing drugs, murder and slaves, convinced they could trust the scum with their blood money, so there will probably be a pretty terrible reckoning for anyone who ends up ahead.
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Oct 25, 2017 13:35
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gently caress the ROW posted:No one can cash it out, OP. So its worth maybe 0 I got £500 in real IRL money in my actual bank account which I spent on part of a holiday to Barbados by leaving my computer on for six months
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Oct 25, 2017 13:40
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criticisms of bitcoin ignore the fact that it can go up exponentially forever for no reason
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Oct 25, 2017 15:18
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gary oldmans diary posted:criticisms of bitcoin ignore the fact that it can go up exponentially forever for no reason I think this will happen, and my twelve thousand dollars worth of bitcoins will make me very rich, soon.
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Oct 25, 2017 15:49
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I'm getting out of the Bitcoin business, because I'm a stupid loving idiot! Buy my bitcoins now, while they're ONLY $6000!!!!
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Oct 25, 2017 15:55
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Minimalist Program posted:Uh actually if you buy today ( at 6000 dollars) and it rises to 10000, then what you do is just sell at 10.000 and wham, you're rich. That's a great *if*, but *if* I bought it when it was at $6000 yesterday it would be worth $5500 today. What a great investment, only losing a little over 8% of its value in 24 hours!
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Oct 25, 2017 16:04
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Nocheez posted:That's a great *if*, but *if* I bought it when it was at $6000 yesterday it would be worth $5500 today. What a great investment, only losing a little over 8% of its value in 24 hours! Exactly So buy NOW before it goes up again!
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Oct 25, 2017 16:08
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Comfy Fleece Sweater posted:Exactly Oh I already converted my 401(k) to Bitcoin. To the moon!
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Oct 25, 2017 16:28
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Goons who continuously shout "ponzi scheme" and "you can't move money out" are a pile of loving morons. * It's not inherently a ponzi scheme because it wasn't built to offer a return by investing. Yes there are scammers offering bitcoin based ponzi scheme but they're doing the same on the dollar. Bitcoin has value because you can use it to hide money and transfer it outside of government controls. This is especially useful in getting money out of communist countries. Also for buying drugs. * You can EASILY convert it to dollars using Coinbase. You can see how much liquidity exists using the charts on gdax. This isn't rocket science.
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Oct 25, 2017 16:29
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Return Of JimmyJars posted:* You can EASILY convert it to dollars using Coinbase. You can see how much liquidity exists using the charts on gdax. This isn't rocket science. Only thing I could find is this: https://www.gdax.com/trade/BTC-USD
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Oct 25, 2017 16:55
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amotea posted:Can you link these charts? Last year or so some journalist tried to cash out a small amount and in the end he had to meet a shady dude in a back alley IIRC. Last year? That's like 10 years in Bitcoin time.
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Oct 25, 2017 17:02
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