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Started By
Message
re: At $9600 per, Bitcoin is expected to hit the $10,000 mark today.
Posted on 11/27/17 at 1:23 pm to shel311
Posted on 11/27/17 at 1:23 pm to shel311
quote:
Sure but if you think this 1 poster is lying, why does him not revealing the amount of coins he has prove it? If he was lying, wouldn't it make it even easier for him to just make a random number and post it?
I don’t care if he is lying or not, that’s not the point. Him and posters like him are always vague about this subject. Why imply that you hit the jackpot but when questioned you are vague with your answers? I can’t find one good reason to be vague other than to put on a front. You and rocket were upfront, I’m upfront in that I missed the boat but our token poster who is supposedly still in the game is vague.
1
Posted on 11/27/17 at 1:23 pm to HempHead
quote:Man, assuming it's around $1mil, that's pretty tough to decide what to do with it IMO.
Closer to the former than the latter. It's a prime number, at least.
When I used the hypothetical of 500 for $4.8mil, it's more of a no brainer to at least pull some out.
$1mil isn't making me retire, but man whether I invest it all or get rid of all of my expenses(house basically) and invest it, it sure would change my life in a positive way.
I'd be tempted to pull it all if I had around 100 of em.
Good luck to ya.
Posted on 11/27/17 at 1:23 pm to shel311
I bought about 1,000 of them a few years ago but I sold them because I couldn’t figure out a way to pay my whores with them.
Posted on 11/27/17 at 1:24 pm to shel311
quote:
I don't think he said that?
He didn’t. I misread.
Posted on 11/27/17 at 1:24 pm to 13SaintTiger
quote:I guess my point is he's given very specific info on everything but his count, so I don't think not giving it is a "good reason" that he may be lying.
I can’t find one good reason to be vague other than to put on a front.
He's also basically told us it's in the 100-150 amount, so he's given us the general answer, no need for the specific number at this point IMO.
ETA: Like I did say, it is a bit odd to give lots of specifics and even drill it down without giving the actual amount, but I just don't think that is a sign that he's lying. If some dude said he had 300 of em, gave no other specifics, and just got super defensive about being called on it, I'd probably side with you there.
This post was edited on 11/27/17 at 1:26 pm
Posted on 11/27/17 at 1:28 pm to shel311
quote:
I guess my point is he's given very specific info on everything but his count, so I don't think not giving it is a "good reason" that he may be lying.
He's also basically told us it's in the 100-150 amount, so he's given us the general answer, no need for the specific number at this point IMO.
You had to probe him for that info. I don’t care that much to probe, that’s very manipulative.
Posted on 11/27/17 at 1:30 pm to Thib-a-doe Tiger
quote:
The problem with this investment is that nobody can explain a 30% loss or 100% gain. There is nothing noteable to support it other than “people are buying”
There’s no dividends, bitcoin doesn’t produce anything, there’s a limited number of bitcoin, no regulations, and a few investors could crash the market
It's not just "people". Many banks and corporations are using it as a tax haven. You can actually purchase items on Amazon with bitcoin at a discount because you are saving them money by purchasing with it.
Additionally, there is a large number of investors who purchase currency when they see a favorable exchange rate. Especially the dollar, because a favorable exchange rate translates directly into the amount of oil an entity can purchase.
Posted on 11/27/17 at 1:30 pm to Thib-a-doe Tiger
quote:
What if it is crashing and there are no buyers?
i suppose thats a risk, but i wouldnt consider it a dangerous one. in the few years ive been doing this there has always been buyers.
and it hasnt even went mainstream yet.
i also do not currently have any BTC as i was nervous af when it broke $7k and sold expecting a crash. so i def understand the precautions people have, but i think there are safe ways to approach it
This post was edited on 11/27/17 at 1:32 pm
Posted on 11/27/17 at 1:33 pm to rocket31
I still don’t understand that if i have a large dollar value count of bitcoin, how do i convert that into real dollars in my bank account? Say i had 500 of them to use the example from earlier, and i want to use them to buy a used sportfisher of that value, how do i do that?
Posted on 11/27/17 at 1:34 pm to Tiger Nation 84
Bought $1000 worth on Saturday at 8k...already very much in the black outdoing my 401k and roth ira combined 
Posted on 11/27/17 at 1:35 pm to rocket31
It’s prolly a good chance of a 10x return next year on a balanced crypto portfolio. Just like this past year.
Throw a few bucks in, get some skin in the game and enjoy the ride.
Throw a few bucks in, get some skin in the game and enjoy the ride.
Posted on 11/27/17 at 1:36 pm to shel311
Do you work for the IRS?
Jesus dude who gives a shite on his specific amount
Jesus dude who gives a shite on his specific amount
Posted on 11/27/17 at 1:36 pm to 13SaintTiger
four pages in, at this point why do you even care? Dp you get internet cool points for denying him internet cool points?
Posted on 11/27/17 at 1:38 pm to Tiger Nation 84
Wiki is swimming in 10k dollar hookers and cocaine.
Posted on 11/27/17 at 1:39 pm to Tiger Nation 84
It's down to $9500. Dropping like a rock. Time to bail fellas.
Posted on 11/27/17 at 1:40 pm to DownshiftAndFloorIt
quote:
how do i convert that into real dollars in my bank account? Say i had 500 of them to use the example from earlier, and i want to use them to buy a used sportfisher of that value, how do i do that?
you sell them on an exchange. theyd probably get sold within a few minutes.
poloniex (an exchange) for example has over $100,000,000 worth of trading volume per day so getting them sold really isnt an issue
once sold, youd take the USD from the sale and transfer it to your bank account.
my limit is $50k per week that youre allowed to transfer but a lot people have higher limits.
This post was edited on 11/27/17 at 1:42 pm
Posted on 11/27/17 at 1:41 pm to DownshiftAndFloorIt
quote:Offer to pay in BTC directly to the seller. They just have to have or open up a free account and get paid in minutes or hours.
buy a used sportfisher of that value,
Or exchange them for USD and transfer them to your checking account through your coinbase account and write him a check.
What ever you workout.
Posted on 11/27/17 at 1:44 pm to rocket31
For someone that would start investing now, would they essentially have to have 10k to put in or can buy in be for partial shares (for lack of a better term)?
Posted on 11/27/17 at 1:44 pm to ProjectP2294
You can buy $1 worth if you want
Posted on 11/27/17 at 1:45 pm to ProjectP2294
you can put in as little as you want
you can buy 0.01 worth of a BTC for $95 bucks if you wanted
you can buy 0.01 worth of a BTC for $95 bucks if you wanted
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