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Started By
Message
re: If you bought $100 of bitcoin 7 years ago, you'd be sitting on $72.9 million
Posted on 5/22/17 at 12:35 pm to SlowFlowPro
Posted on 5/22/17 at 12:35 pm to SlowFlowPro
almost the exact same thing as bitcoin. faster transactions though.
i got some on the last dip and just gonna sit on it.
i got some on the last dip and just gonna sit on it.
1
Posted on 5/22/17 at 12:36 pm to 50_Tiger
quote:
I've been looking to drop cash some where
me too
Posted on 5/22/17 at 12:37 pm to Deactived
i'm going to see where ETH goes in a week or 2. i only put down $500
it's funny b/c Coinbase upped my transaction limit to $10k and i was like..."should i gamble my entire poker roll on this or not?"
it's funny b/c Coinbase upped my transaction limit to $10k and i was like..."should i gamble my entire poker roll on this or not?"
Posted on 5/22/17 at 12:40 pm to SlowFlowPro
quote:
i'm going to see where ETH goes in a week or 2. i only put down $500
I was a little bitch and only did 1000.
I dont trust all you baws yet lol.
Posted on 5/22/17 at 12:41 pm to sportsaddit68
quote:
If you bought $100 of bitcoin 7 years ago, you'd be sitting on $72.9 million
Posted on 5/22/17 at 12:41 pm to CocoLoco
tbh, one of our friends has been a huge computer nerd forever and knew about bitcoin and other currencies at the startup because of his online friends he always talked to. he was in the beginning mining them with these ridiculous rigs because he thought it was 'the way of the future'. this sort of trickled down into others. it helped that they had a good amount of disposable income through other means. so it wasnt that big of a deal for them to drop 10 to 20k and just hope it hits.
in the past 2 to 3 years it has really picked up though.
something like ethereum they still say its a great buy because of how young it is and the potential involved.
in the past 2 to 3 years it has really picked up though.
something like ethereum they still say its a great buy because of how young it is and the potential involved.
Posted on 5/22/17 at 12:42 pm to SlowFlowPro
quote:
the $500 that chip is worth is affected by regular inflation. $500 in 1980 is a lot different than $500 in 2017. same concept
yeah but you're comparing an item with a stated, stable face amount vs one that has nothing of the sort
If I bought a $500 chip in 1990 and brought it back today, they'd give me $500 cash
Bitcoin, not so much
Posted on 5/22/17 at 12:42 pm to SlowFlowPro
if you link your bank account, the limit per week goes up substantially.
i think the limit last week on a debit card was $500/week.
i think the limit last week on a debit card was $500/week.
Posted on 5/22/17 at 12:43 pm to Thib-a-doe Tiger
quote:
yeah but you're comparing an item with a stated, stable face amount vs one that has nothing of the sort
no if i buy $500 worth of BTC right now it's the same as a $500 poker chip. we're translating the value to USD, and that USD translation will change over time for BOTH symbolic items of value
and yeah it's not perfect, but, again, i use it as an example of currency and no investing
Posted on 5/22/17 at 12:44 pm to Deactived
just bought another $500 worth of ETH
gonna sit on it now
gonna sit on it now
Posted on 5/22/17 at 12:44 pm to Deactived
this thread is an example of fake hype
Posted on 5/22/17 at 12:44 pm to Deactived
Can you transfer money between users on coinbase?
Getting a friend to buy my ETH right now since I can't until tonight
Getting a friend to buy my ETH right now since I can't until tonight
Posted on 5/22/17 at 12:46 pm to TheCaterpillar
quote:
Can you transfer money between users on coinbase?
yeah. if you both have the CB app on your phone you literally just scan the barcode
i bought $200 of BTC a month ago from a friend. i paid cash and he transferred BTC to me via phone
This post was edited on 5/22/17 at 12:47 pm
Posted on 5/22/17 at 12:46 pm to SlowFlowPro
quote:
sign up for coinbase
buy ETH
profit
It apparently won't allow the bank I use. Wtf? I typed in my card info a few times, won't work.
Posted on 5/22/17 at 12:46 pm to CocoLoco
Same. Seems that Coinbase has crashed.
Posted on 5/22/17 at 12:46 pm to TheCaterpillar
Posted on 5/22/17 at 12:47 pm to CocoLoco
when i was testing out "off the grid" monetary used i have an Amex Serve and CB would not accept it
Posted on 5/22/17 at 12:48 pm to Deactived
quote:
f you link your bank account, the limit per week goes up substantially.
So is this Coinbase safe to use real information? I remember back in the starts of Bitcoin, people used prepaid cards and such. Is it so regulated that most likely no one would get my banking info?
Posted on 5/22/17 at 12:48 pm to SlowFlowPro
I don't know much about economics. Would cryptocurrencies rise in value if the dollar is doing badly?
Posted on 5/22/17 at 12:49 pm to Deactived
I had a buddy who was trying to convince me to set up a mining rig around this time last year. I thought hard about it, but the yields/return were looking tight and I wasn't sure if he was actually getting a return. Should have done it.
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