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re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
Posted on 2/18/21 at 7:08 am to wizard1183
Posted on 2/18/21 at 7:08 am to wizard1183
quote:
Mr Economics 101 right here. So your net worth should be nothing short of a billion right?
You just proved his point.
0
Posted on 2/18/21 at 11:24 am to MusclesofBrussels
quote:
These discussions are always hilarious on here. There are about three people on this board who understand economics, and the rest of you spew embarrassingly ignorant takes constantly.
I know, remember those fricking idiots that try to say BTC would go to 50k?
Remember about 8 years ago when that lunatic WikiTiger was on here trying to shill make beleive money called Bitcoin? What an Idiot!! If he was so smart then why isnt he on here??
when will you old fricks learn, traditional economics are going out with the boomers. Its over!!
Posted on 2/18/21 at 7:22 pm to 13SaintTiger
I hold 25 full bitcoins but didn’t write down my code in 2011
Posted on 2/18/21 at 8:49 pm to lsutigermall
Wow that’s pretty unfortunate.
Posted on 2/18/21 at 8:55 pm to lsutigermall
Wow how do you sleep at night. There’s got to be something you can do.
Posted on 2/18/21 at 9:16 pm to Fox McCloud
Unless he can find the code or set up a backup somewhere, sadly there is nothing he can do.
Posted on 2/19/21 at 1:33 am to lsutigermall
quote:
I hold 25 full bitcoins but didn’t write down my code in 2011
Then how do you hold them? No code, no BTC
Posted on 2/19/21 at 6:56 am to lsu777
quote:
I know, remember those fricking idiots that try to say BTC would go to 50k?
Remember about 8 years ago when that lunatic WikiTiger was on here trying to shill make beleive money called Bitcoin? What an Idiot!! If he was so smart then why isnt he on here??
when will you old fricks learn, traditional economics are going out with the boomers. Its over!!
I remember all those original conversations. What BTC was supposed to be then and what it is supposed to be now aren’t even in the same universe. It’s at $50k despite having no real use as an everyday currency, even though that was the original pitch 8 years ago.
Posted on 2/19/21 at 7:25 am to slackster
How does it have no use? You can send money or scan a QR code and pull atm cash worldwide.
Posted on 2/19/21 at 7:28 am to TigerTatorTots
quote:
Unless he can find the code or set up a backup somewhere, sadly there is nothing he can do.
Exactly - Without the code, there's nothing I can do. Scoured every notebook and retraced back to every device. Think it was iPad (gave to parents) or iPhone (gave to niece) and they were of course both wiped.
Posted on 2/19/21 at 8:35 am to down time
quote:
How does it have no use? You can send money or scan a QR code and pull atm cash worldwide.
I didn’t say it has no use, I simply said it has no use as a currency. People aren’t spending it, they’re buying it and holding it. That’s not a currency.
Posted on 2/19/21 at 8:53 am to slackster
I've been in Bitcoin since November through Robinhood. Now, I'm convinced that I'm a long term holder and am considering buying through an exchange.
A few questions: I got hit with taxes through Robinhood for my 2020 gains, am I going to be better off from a tax standpoint to own actual coins? I suppose it doesn't matter either way if I don't sell.
As a LT holder, give me advantages - I need to get a wallet, right?
A few questions: I got hit with taxes through Robinhood for my 2020 gains, am I going to be better off from a tax standpoint to own actual coins? I suppose it doesn't matter either way if I don't sell.
As a LT holder, give me advantages - I need to get a wallet, right?
Posted on 2/19/21 at 8:58 am to slackster
quote:
I simply said it has no use as a currency
I could send you bitcoin for free, instantly but that would be retarded
bitcoin serves as a much better currency narrative for people in poverty countries where their money is being debased ~100% per year
This post was edited on 2/19/21 at 9:02 am
Posted on 2/19/21 at 9:30 am to CidCock
Rh claims they are adding a wallet
Posted on 2/19/21 at 10:05 am to CidCock
quote:No, BTC is taxed the same whether it is owning coins on an exchange or the "paper btc" on Robinhood.
A few questions: I got hit with taxes through Robinhood for my 2020 gains, am I going to be better off from a tax standpoint to own actual coins? I suppose it doesn't matter either way if I don't sell.
quote:You can store on exchanges until you get a large enough amount where you'd feel more comfortable on a cold storage wallet. Some here store on websites that pay you interest on your coins. I wouldn't trust a large portion of my stack on that. I do have a little on Celsius though.
As a LT holder, give me advantages - I need to get a wallet, right?
Posted on 2/19/21 at 10:42 am to rocket31
quote:
I could send you bitcoin for free, instantly but that would be retarded
bitcoin serves as a much better currency narrative for people in poverty countries where their money is being debased ~100% per year
exactly, its used as a currency in other countries all the time, just doesn make sense for us to use it currently.
i love how its proven itself over the last decade yet we have idiots saying...well its not being used like yall said it would. How in the frick is that the argument now against BTC???
its laughable.
Posted on 2/19/21 at 10:56 am to lsu777
(no message)
This post was edited on 12/21/21 at 1:23 pm
Posted on 2/19/21 at 10:58 am to XanderCrews
quote:
Just hit em with #HFSP
yeah, this would save us a lot of effort and it essentially says the same thing
Posted on 2/19/21 at 11:01 am to slackster
quote:
It’s at $50k despite having no real use as an everyday currency, even though that was the original pitch 8 years ago.
Zing!!
Posted on 2/19/21 at 11:03 am to TigerTatorTots
quote:
You can store on exchanges until you get a large enough amount where you'd feel more comfortable on a cold storage wallet. Some here store on websites that pay you interest on your coins. I wouldn't trust a large portion of my stack on that. I do have a little on Celsius though.
So, is there an advantage to say, Coinbase, as compared to Robinhood.
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