[QUOTE=Richoxen;52547008]Just buy a visa gift card with cash? Way easier.[/QUOTE]
Also quite a bit less anonymous.
I hate the fact criminals use it, I keep picturing some douchebag 14 year old telling his parents how they're "so old" because they use PayPal while he creates ransomware bugs and gets paid in bitcoin. Thanks criminals, you took something good and ruined it, now get cancer and die. What's next, terrorists with open source bombs.
[QUOTE=butre;52542282]some day an article about bitcoin is gonna come up and I'm gonna die of a heart attack then and there.
that's 5.4 million dollars I missed out on over a fuckin coin toss[/QUOTE]
we've all been there.
among my greatest errors were donating 10BTC to a small server host when they were a couple dollars a pop, and frying a laptop with 50+BTC on it I mined years ago. whenever btc news comes around I start up that old laptop and frantically search for traces of a bitcoin wallet.
p sure it's gone.
[QUOTE=meppers;52540943]a sharp bounce back after a sharp decline sometimes means a """crash""" is about to happen
don't be surprised if bitcoins are only worth $1k for the next year straight, starting next month
but who knows what will REALLY happen[/QUOTE]
BTC FOMO is mad right now, me and a lot of others are expecting a correction incoming. But make no mistake, you won't ever see 1000$ BTC ever again unless the top 10 wallets cash out at once.
Hoping for a 2500$ BTC in the coming months so I can buy more. I fear even that's stretching it. The hard fork had almost no effect on the price overall and BCC is getting slammed into the mud.
[QUOTE=just-a-boy;52547078]BTC FOMO is mad right now, me and a lot of others are expecting a correction incoming. But make no mistake, you won't ever see 1000$ BTC ever again unless the top 10 wallets cash out at once.
Hoping for a 2500$ BTC in the coming months so I can buy more. I fear even that's stretching it. The hard fork had almost no effect on the price overall and BCC is getting slammed into the mud.[/QUOTE]
It's crazy. Crypto in general will be wild by 2020 with the ever increasing market caps and huge investment by big money players. I don't wanna see any complaining on here in a few years when you see BTC hit $10,000. Set aside a bunch of cash that you can afford to potentially lose a chunk of in the next correction and hold for at least a year from now, preferably two.
[QUOTE=Crumpet;52547112]It's crazy. Crypto in general will be wild by 2020 with the ever increasing market caps and huge investment by big money players. I don't wanna see any complaining on here in a few years when you see BTC hit $10,000. Set aside a bunch of cash that you can afford to potentially lose a chunk of in the next correction and hold for at least a year from now, preferably two.[/QUOTE]
I believe it's more correct to say it's wild right now, because it literally is. It remains largely unregulated and a "wild west" so to speak. But not for long. By 2025, I believe services and technologies which run on or are in some way related to blockchain tech will be household, whether the people who use the services or technologies even realize it or not. Much in the same way people use smartphones and computers but haven't the slightest clue how or why the software and hardware behind them works. They simply enjoy the benefits and use the services.
This is why user accessibility and ease of use is so important for mass adoption. And this is currently something the cryptosphere is very much dedicated to overcoming. The first phase, first generations of cryptoindustry were laying the foundations. It was almost purely technical. Highly skilled and creative tech people banding together te create something completely new. Now we're somewhere in or around phase 2, I believe. Attracting users and contributors from the wider audience. By 2025? Who knows.
[img]http://i.imgur.com/FsrDcgv.png[/img]
I bought exactly $20 worth.
100% gains.
This shit is crazy.
[QUOTE=just-a-boy;52547078]BTC FOMO is mad right now, me and a lot of others are expecting a correction incoming. But make no mistake, you won't ever see 1000$ BTC ever again unless the top 10 wallets cash out at once.
Hoping for a 2500$ BTC in the coming months so I can buy more. I fear even that's stretching it. The hard fork had almost no effect on the price overall and BCC is getting slammed into the mud.[/QUOTE]
it went down to 2200 a couple of weeks ago because of the segwit/bip148 stuff, i was pretty sad because at the time i had no money to buy more
[QUOTE=glitchvid;52540873]It's useful for buying VPNs or seedboxes without tying them to you through your payment method.[/QUOTE]
It'd be economically retarded to have a currency like bitcoin be used as a primary currency, but ethically I think it's pretty important to have methods for people to pay anonymously. Right now you can sometimes use cash but cash isn't really going to last forever.
One would actually be quite surprised where they're accepted too. Most charities I've seen will accept them, and there's even a few big players that'll take them, like Microsoft lets you use them on the windows store.
My dad had about a thousand bitcoins minded in 2009, we could have had 50mil if he had sold them all today.
[QUOTE=butre;52542282]some day an article about bitcoin is gonna come up and I'm gonna die of a heart attack then and there.
that's 5.4 million dollars I missed out on over a fuckin coin toss[/QUOTE]
This logic never works though. What are the odds on you holding onto your BTC long enough to sell it at this price? I guarantee if you had 100BTC back when they were worth nothing, you'd have sold most or all of them by the time they'd hit 100USD. Hindsight is a bitch, don't let it mindfuck you.
I sold a bunch of Antshares / NEO a while back when there was a pretty large crash. Now it's sitting at $35 and I could have made an easy $3,000 and still have shares left over to ride up the price surge if it continued. I don't beat myself up about it, it'd just about drive me insane if I let it get to me.
[QUOTE=loopoo;52565815]This logic never works though. What are the odds on you holding onto your BTC long enough to sell it at this price? I guarantee if you had 100BTC back when they were worth nothing, you'd have sold most or all of them by the time they'd hit 100USD. Hindsight is a bitch, don't let it mindfuck you.
I sold a bunch of Antshares / NEO a while back when there was a pretty large crash. Now it's sitting at $35 and I could have made an easy $3,000 and still have shares left over to ride up the price surge if it continued. I don't beat myself up about it, it'd just about drive me insane if I let it get to me.[/QUOTE]
Well, it also means it might have just slipped into the back of his head, still remaining on the PC hard drive even after replacing the PC (and putting the old one into the closet.) And then later they see it in the news and go "Oh, SHIT! Daniel go get that PC from the closet."
But yeah, it's not worth kicking yourself over. Brilliant opportunities pass us by pretty much all the time. Tesla is another thing this forum likes, and if you got on board early, you'd have multiplied your money 20x. It's not all entirely in the past as new opportunities in general spring up all the time.
[QUOTE=loopoo;52565815]This logic never works though. What are the odds on you holding onto your BTC long enough to sell it at this price? I guarantee if you had 100BTC back when they were worth nothing, you'd have sold most or all of them by the time they'd hit 100USD. Hindsight is a bitch, don't let it mindfuck you.
I sold a bunch of Antshares / NEO a while back when there was a pretty large crash. Now it's sitting at $35 and I could have made an easy $3,000 and still have shares left over to ride up the price surge if it continued. I don't beat myself up about it, it'd just about drive me insane if I let it get to me.[/QUOTE]
Seeing how much and over what period of time a lot of solid projects have turned profitable, I've decided to keep my static investments locked in for a nice round 5 years. Fluid money will be used to trade and further accumulate stores of value, but otherwise I'd say a period of 2-5 years is what has seen most projects turn into crazy 1000% moon missions, assuming they have a team, vision and actual progress backing them up, not to mention tangible use cases.
If all goes even half as well as I hope it will in the next 5 years, I'll be living off dividends for the rest of my life and not have a single worry anymore. Jinxed it, but what the hell!
I don't mind holding, as long as I recoup my initial investment. I'd happily sell 20 shares at $30 a piece if it means I recoup my initial overall investment. Then I'd sit on the remaining 30 shares for however long.
how does bch work? do you get whatever you had at the time of the fork?
Reading this just makes me want to fucking take my gun to my head and pull the trigger. I fucked off millions and I'm now covered in medical debt. I had the opportunity to invest $300 in 2008 but chose to buy a fucking useless fucking video card. This is so fucking depressing I don't even know what to do with myself anymore
[QUOTE=Storm12230;52566335]Reading this just makes me want to fucking take my gun to my head and pull the trigger. I fucked off millions and I'm now covered in medical debt. I had the opportunity to invest $300 in 2008 but chose to buy a fucking useless fucking video card. This is so fucking depressing I don't even know what to do with myself anymore[/QUOTE]
Buy the dip.
Hit $4040 a few minutes ago
oh man i wish i know how to mine one
God who the fuck knew that this Bitcoin shit would be something I’d be kicking myself over. If I could go back in time and just do only ome thing I would tell that masturbating little 14-year-old to fucking mine that shit so he could make me a fucking millionaire and I won’t have to worry about working 40 hours a week just so I could afford this toolshed apartment
Now is a good time to cash in
IF I HAD ANY
How even do you sell Bitcoins? I know literally almost nothing about Bitcoin.
I'll have to buy during the next crash. Hopefully this is a positive sign for crypto as a whole, I'd like to see my ETH go up too.
[QUOTE=Storm12230;52566335]Reading this just makes me want to fucking take my gun to my head and pull the trigger. I fucked off millions and I'm now covered in medical debt. I had the opportunity to invest $300 in 2008 but chose to buy a fucking useless fucking video card. This is so fucking depressing I don't even know what to do with myself anymore[/QUOTE]
You can invest into a mining farm and work your way up.
I remember back some years ago when it was $300-$400 and thinking "man should've bought in when it was cheap, probably too late now" but good lord, it actually went 10x higher
[QUOTE=loopoo;52565815]This logic never works though. What are the odds on you holding onto your BTC long enough to sell it at this price? I guarantee if you had 100BTC back when they were worth nothing, you'd have sold most or all of them by the time they'd hit 100USD. Hindsight is a bitch, don't let it mindfuck you.
I sold a bunch of Antshares / NEO a while back when there was a pretty large crash. Now it's sitting at $35 and I could have made an easy $3,000 and still have shares left over to ride up the price surge if it continued. I don't beat myself up about it, it'd just about drive me insane if I let it get to me.[/QUOTE]
I feel ya bro, I woulda made about 40k now... Going up
[QUOTE=DaWhatTheFox;52568159]How even do you sell Bitcoins? I know literally almost nothing about Bitcoin.[/QUOTE]
Register on an exchange or use something like local bitcoin
Do we have a facepunch mining pool?
[QUOTE=waylander;52566235]how does bch work? do you get whatever you had at the time of the fork?[/QUOTE]
People who held BTC at the time of the snapshot are credited their BCC, yes, by holding it in exchange accounts that approved the fork. People also chose to store their BTC in cold storage in offline wallets. How exactly will they redeem their BCC, I don't know. Maybe they get redeemed as soon as they bring it to an online wallet, their "transaction" currently on hold until they do so.
[QUOTE=Storm12230;52566335]Reading this just makes me want to fucking take my gun to my head and pull the trigger. I fucked off millions and I'm now covered in medical debt. I had the opportunity to invest $300 in 2008 but chose to buy a fucking useless fucking video card. This is so fucking depressing I don't even know what to do with myself anymore[/QUOTE]
Don't beat yourself up over it. There's NO way anyone could have known. If you didn't sell at 1$, thinking you made a HUGE killing, you would have sold at 10, or 100, 500, 1000, 2000 etc. There is NO way anyone could know how much further it would go and hold onto their coins. The current high of 4300$ is also not the end, I'd say. Sure, there'll be a crash soonish, but the prices WILL continue to climb. You may as well hold until the day you die just to see where it goes. But there's never going to be a perfect time to cash out, so to speak. Just buy now and trade or hold if you want in on the action. If not, stop reading and looking at these things and definitely stop beating yourself up over missed opportunities. There are skyrocketing tokens and coins pretty much weekly on the whole market, that would catapult your wealth to millions in a mere month, but here's the eternal catch - nobody really ever knows which ones.
Relax and just enjoy life.
[QUOTE=Riutet;52566483]Buy the dip.[/QUOTE]
Unironically, yes. Actually do buy the dips. Or don't. Whatever.
[QUOTE=Spectre1406;52566906]oh man i wish i know how to mine one[/QUOTE]
Mining hasn't been feasible for BTC for years now. Only huge miner farms and pools do so effectively. The individual would have to invest thousands of dollars into ASIC miners to start seeing notable gains monthly, if any at all by now.
[QUOTE=KingKombat;52568135]God who the fuck knew that this Bitcoin shit would be something I’d be kicking myself over. If I could go back in time and just do only ome thing I would tell that masturbating little 14-year-old to fucking mine that shit so he could make me a fucking millionaire and I won’t have to worry about working 40 hours a week just so I could afford this toolshed apartment[/QUOTE]
Same story - you couldn't have known. Stop beating yourself up. Most of the millionaires forgot they had any at all and rediscovered their wallets after years. Very few accumulated knowingly. And it simply paid off. It ALSO could NOT have paid off. Like I said, nobody ever knows.
[QUOTE=DaWhatTheFox;52568159]How even do you sell Bitcoins? I know literally almost nothing about Bitcoin.[/QUOTE]
You buy and sell BTC and other cryptocurrencies or tokens on exchanges. There are too many to list, but the bigger, trusted ones are Coinbase, Kraken, Bitfinex for example. These allow you to trade the BTC/USD pair, among other fiat-crypto gateway pairs. Then there's a whole heap of secondary exchanges that host all the crypto-crypto pairs. These are the hundreds of other tokens and currencies that cryptotrading is done with.
[QUOTE=waylander;52568834]Register on an exchange or use something like local bitcoin[/QUOTE]
LocalBitcoin has hefty extra fees doe boi. IIRC the price markups tend to always be above market price.
Edit:
Friendly reminder that BTC is now 4351$. When will it stop. I want cheap BTC...
Sorry, you need to Log In to post a reply to this thread.
