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Started By
Message
1
Posted on 5/22/17 at 2:04 pm to Draconian Sanctions
quote:
yeah i definitely thought about it late 2012/early 2013.
it was sub $100 until about mid-2013
likely you'd be paying $10-30 per BTC in that era
Posted on 5/22/17 at 2:04 pm to TheCaterpillar
quote:
Can you guys break down what happened in Venezuela?
communism
Posted on 5/22/17 at 2:04 pm to SlowFlowPro
quote:
i mean what's the philosophical difference in that and a company exchanging USD for credit in real time?
This is why you are an attorney and I'm the financial guy.
Posted on 5/22/17 at 2:05 pm to Mo Jeaux
quote:
The panelists spent some time on projects wanting to use it to reduce money transmission costs for immigrants and others without access to traditional banking.
we got into that exact discussion on PT a fwe months ago when i was talking about taxing transfers from US to MEX
Posted on 5/22/17 at 2:05 pm to SlowFlowPro
so $100 then would be worth roughly 10-20k now.
Not 70 million but would be nice for sure.
Not 70 million but would be nice for sure.
This post was edited on 5/22/17 at 2:06 pm
Posted on 5/22/17 at 2:05 pm to Broke
I'll leave you guys to your funsies. Try not to shite the bed on this stuff. Know when to get out. I hope you all become rich. I'm out.
This post was edited on 5/22/17 at 2:06 pm
Posted on 5/22/17 at 2:05 pm to Broke
quote:
This is why you are an attorney and I'm the financial guy.
that doesn't answer the question
and
it still doesn't explain why a BitPay Card is a bad thing
or
how i can LITERALLY buy you something on overstock.com right now using BTC directly
Posted on 5/22/17 at 2:07 pm to rocket31
quote:
I put in a modest 2500. I now have 7500. I have not seen anyone suggesting this as an alternative to your RothIRA
And dude, that's awesome! I am happy for you!
Again though, you guys have no clue what you are putting your money into, SFP seems to use the actual currency, but Wiki actually believes (believed?) in the currency aspect of it. Why will you not admit that my statement on page 2 is not correct? That all these people entering now are in it for a quick buck, nothing more. You give me the
when I am right. I hope it works out for everyone in here who are opening accounts and sinking money in this, I really do. Regardless if it is "play" money.Posted on 5/22/17 at 2:07 pm to Broke
quote:
I'll leave you guys to your funsies.
why are you leaving?
i have $11 in BTC and was about to buy you this watch usin only that BTC
Posted on 5/22/17 at 2:09 pm to SlowFlowPro
That watch is way too mainstream for Broke
Posted on 5/22/17 at 2:09 pm to OnTheBrink
I don't think anyone knows the potential of this type of currency. That's why it's both risky and exciting
Posted on 5/22/17 at 2:12 pm to TheCaterpillar
i was trying to find something tactile that he'd value less than the BTC used to purchase it
symbolism and such
symbolism and such
Posted on 5/22/17 at 2:12 pm to SlowFlowPro
Looks like we've got a real time example of the old timer getting left behind due to inability to comprehend which you were discussing earlier in the thread...
Posted on 5/22/17 at 2:13 pm to MusclesofBrussels
it's literally false to say that you can't purchase goods with BTC directly
and even then, that's adding a layer of BS that is irrelevant if you can purchase goods via card in real time using BTC accounts. who gives a shite if a 3rd party exchanges teh BTC for USD if it all works the same?
and even then, that's adding a layer of BS that is irrelevant if you can purchase goods via card in real time using BTC accounts. who gives a shite if a 3rd party exchanges teh BTC for USD if it all works the same?
Posted on 5/22/17 at 2:15 pm to SlowFlowPro
quote:
i was trying to find something tactile that he'd value less than the BTC used to purchase it
symbolism and such
Posted on 5/22/17 at 2:17 pm to SlowFlowPro
quote:
how i can LITERALLY buy you something on overstock.com right now using BTC directly
Hell with overstock, I can buy my gaming rig parts from NewEgg and Book a vacation on Expedia.
I'm good!
Posted on 5/22/17 at 2:19 pm to SlowFlowPro
All these people saying I'd they lose $1000 it's no big deal... I am accepting donations ????
Seriously, the reason I posted this article is because if fascinates the shite out of me. And I can see the whole taking it to the government thing Wiki use to talk about. But the fact is, I discovered Bitcoin when it was $10.. if I would have done the $100 I wanted to, that's way more more than I have right now living check to check with only a little savings. That is, of course, if wouldn't of lost it.
Seriously, the reason I posted this article is because if fascinates the shite out of me. And I can see the whole taking it to the government thing Wiki use to talk about. But the fact is, I discovered Bitcoin when it was $10.. if I would have done the $100 I wanted to, that's way more more than I have right now living check to check with only a little savings. That is, of course, if wouldn't of lost it.
Posted on 5/22/17 at 2:21 pm to DownshiftAndFloorIt
I was wondering the same thing. Is it a marketplace where you sell coins or is it a currency exchange like any traditional currency place? If so where are they getting the money to make the payouts? Exchange fees?
Serious questions, not gotchas.
Serious questions, not gotchas.
Posted on 5/22/17 at 2:22 pm to sportsaddit68
quote:
All these people saying I'd they lose $1000 it's no big deal..
i think they mean they know its a risk going into it and theyre willing to lose it all for the potential big gain.
also, the people that are familiar with this technology probably arent bagging groceries at walmart or working the drive thru at burger king so dropping a couple of hundred to a $1000 isnt the end of the world.
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