Crypto currency thread

[hater]

which is why its a bad payment system

Not really it depends what you use it for. If u gonna want to always cash out then yeah. I never ever cash out.

I either pay back ppl w bitcoin or purchase things with bitcoin.

[spurraider21]

Not really it depends what you use it for. If u gonna want to always cash out then yeah. I never ever cash out.

I either pay back ppl w bitcoin or purchase things with bitcoin.

ok

people get up in arms when inflation hits 6-7% but you keep using your currency that oscillates by 40+

[SnakeBoy]

You guys are s

Tbh yall acting like s collapsed when it hasn't. Look at the rest of the world markets. This isn't the first nor the last bear market

I don't take pleasure in people losing money but it's nice to see the "it's digital gold" myth put to rest

I'm never going to play with it but there's probably a chance to make a lot of money once it finds a bottom, wherever that is.

[hater]

I don't take pleasure in people losing money but it's nice to see the "it's digital gold" myth put to rest

I'm never going to play with it but there's probably a chance to make a lot of money once it finds a bottom, wherever that is.

Even buying now or at 25 is a good investment


I will keep buying daily until that bottom is reached

[hater]

ok

people get up in arms when inflation hits 6-7% but you keep using your currency that oscillates by 40+

I dont use it to buy milk or necessities.

[spurraider21]

I dont use it to buy milk or necessities.

literally doesnt matter what you buy with it. the principle is the same.

[hater]

literally doesnt matter what you buy with it. the principle is the same.

Nope

Its a payment system outside government control


I can pay a guy in Ethiopia and no government can do jack about it

Its a great invention and great secure network.

Thats literally all it is

I buy into it because love the concept and believe it will be valuable longterm. Thats all

Its a great time to buy

[hater]

I don't take pleasure in people losing money but it's nice to see the "it's digital gold" myth put to rest

I'm never going to play with it but there's probably a chance to make a lot of money once it finds a bottom, wherever that is.

Glad those idiots are off my network. Good thing is they wont come back until bitcoin is back at 45k and by that time, itll be too late for them again

Morons

[spurraider21]

I can pay a guy in Ethiopia and no government can do jack about it

you pay a guy with coin that you think its worth $200 and then a week later it turns out you gave him $300

then somebody pays you coin that you think is worth $800 and then two weeks later oh nevermind he only paid you $450 worth

its a terrible payment tool

[spurraider21]

Glad those idiots are off my network. Good thing is they wont come back until bitcoin is back at 45k and by that time, itll be too late for them again

Morons

why is 45k too late if you think its about to hit 160k

[hater]

you pay a guy with coin that you think its worth $200 and then a week later it turns out you gave him $300

then somebody pays you coin that you think is worth $800 and then two weeks later oh nevermind he only paid you $450 worth

its a terrible payment tool

a week later

He can immediately exchange it to whatever coin he wants


Bitcoin is NOT a wealth storage platform

[hater]

why is 45k too late if you think its about to hit 160k

Because it follows cycl3s and by the time those morons are back it will immediately fall back


Glad those idiots lost their life savings

[spurraider21]

a week later

He can immediately exchange it to whatever coin he wants


Bitcoin is NOT a wealth storage platform

doesnt matter. i'm not talking about the wealth your are holding. i'm talking about how much coin you just gave a guy or received from a guy.

if i pay you $1000 and then you convert it to euros after, if the dollar then triples in value, i got ed for overpaying you, and you also got ed for converting your USD to some other currency. the payment is being made with a volatile asset. its a terrible payment tool

[SpursforSix]

doesnt matter. i'm not talking about the wealth your are holding. i'm talking about how much coin you just gave a guy or received from a guy.

if i pay you $1000 and then you convert it to euros after, if the dollar then triples in value, i got ed for overpaying you, and you also got ed for converting your USD to some other currency. the payment is being made with a volatile asset. its a terrible payment tool

IDK...being able to pay someone in Ethiopia...that's a pretty big benefit. I've just been mailing cash so far.

[hater]

doesnt matter. i'm not talking about the wealth your are holding. i'm talking about how much coin you just gave a guy or received from a guy.

if i pay you $1000 and then you convert it to euros after, if the dollar then triples in value, i got ed for overpaying you, and you also got ed for converting your USD to some other currency. the payment is being made with a volatile asset. its a terrible payment tool

So u are saying the dollar will tripple in value within minutes???

Thats ing impossible

I owed a guy 10 bitcoin and paid him through a fast secure unbreakable network.

What he does with his coin after that is not my concern.

Not to mention its completely anonymous. Noone will evet who who paid 10 bitcoins to who in that transaction

Again repeat after me.

Bitcoin is an amazing secure, reliable, fast, 100% anonymous payment system.


Anyone wants to use it for anything else. Its on them

[hater]

IDK...being able to pay someone in Ethiopia...that's a pretty big benefit. I've just been mailingocash so far.

U must not have heard of drug cartels

[spurraider21]

So u are saying the dollar will tripple in value within minutes???

Thats ing impossible

I owed a guy 10 bitcoin and paid him through a fast secure unbreakable network.

What he does with his coin after that is not my concern.

Not to mention its completely anonymous. Noone will evet who who paid 10 bitcoins to who in that transaction

Again repeat after me.

Bitcoin is an amazing secure, reliable, fast, 100% anonymous payment system.


Anyone wants to use it for anything else. Its on them

im not talking about the anonymity or whatever. i know why people use it to launder money and whatnot

but its value is very unstable relative to actual currencies, which makes it awful for the purpose of a payment system

[spurraider21]

IDK...being able to pay someone in Ethiopia...that's a pretty big benefit. I've just been mailing cash so far.

is that how you've been paying for women in olongapo?

[SpursforSix]

is that how you've been paying for women in olongapo?

How is this so hard to understand. Everyone was doing it. Sparky, Gunner Sal, Skip, Poopshoot Magoo….
Yep…I do this for fun. Just showing off…9.4 seconds, Blind Lemon, benching 400, basement jail. Me and my black friend, Stan, picking up records at the yard sale. Heard of the Memphis Lollies? Nope.

[hater]

im not talking about the anonymity or whatever. i know why people use it to launder money and whatnot

but its value is very unstable relative to actual currencies, which makes it awful for the purpose of a payment system

Its not designed to be relative to actual currencies

Its a payment system

BITCOIN IS NOT A CURRENCY


Think of it like you open an account in a bank. But its 100% anonymous and secure. You pay someone and then you close the account. Thats it

Again. If anyone uses it for anything else, its in them

[spurraider21]

Its not designed to be relative to actual currencies

Its a payment system

BITCOIN IS NOT A CURRENCY


Think of it like you open an account in a bank. But its 100% anonymous and secure. You pay someone and then you close the account. Thats it

Again. If anyone uses it for anything else, its in them

if this is true and you're never actually holding bitcoin then you shouldnt give a if a coin is worth $1 or $1000. get your coins, make your transaction, and immediately dump them before anything changes, right? but literally nobody looks at it this way, and neither do you. you're just pretending you are now because you've lost some money on it

you say its not meant to be a currency and its not meant to make you money, but wasnt that long ago you were ing about it going up to 160k and saying CACHING

[SpursforSix]

Its not designed to be relative to actual currencies

Its a payment system

BITCOIN IS NOT A CURRENCY


Think of it like you open an account in a bank. But its 100% anonymous and secure. You pay someone and then you close the account. Thats it

Again. If anyone uses it for anything else, its in them

If it's not relative to actual currencies, how the can you value anything you buy with it? And if it's not relative to actual currencies, why is it priced in dollars?
And if you're not using it for anything else, why would you buy it until you actually need it? From your posts, it seems like you're investing in it as a store of value.

And a quick Google search seems to confirm that most believe it is a currency.

I think you're in over your head here.

[spurraider21]

Im gonna wait for 25k so I can dump at least 100k on GOATCoins nigs

Chaching!

My 100k can easily become 500k in a few months


Easy peazy money

Even buying now or at 25 is a good investment


I will keep buying daily until that bottom is reached

It was never designed as a wealth making tool.

[spurraider21]

If it's not relative to actual currencies, how the can you value anything you buy with it? And if it's not relative to actual currencies, why is it priced in dollars?
And if you're not using it for anything else, why would you buy it until you actually need it? From your posts, it seems like you're investing in it as a store of value.

And a quick Google search seems to confirm that most believe it is a currency.

I think you're in over your head here.

he's completely incoherent

[baseline bum]

So u are saying the dollar will tripple in value within minutes???

Thats ing impossible

I owed a guy 10 bitcoin and paid him through a fast secure unbreakable network.

What he does with his coin after that is not my concern.

Not to mention its completely anonymous. Noone will evet who who paid 10 bitcoins to who in that transaction

Again repeat after me.

Bitcoin is an amazing secure, reliable, fast, 100% anonymous payment system.


Anyone wants to use it for anything else. Its on them

LOL 7 transactions a second on the bitcoin network being fast