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Forum » Bitcoin reaches $8,200
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Thread: Bitcoin reaches $8,200

post 1535155441 11-20-2017, 12:00 PM
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#91
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Originally Posted By Mythenthefang⏩
Take care brah

XRP is the bankers coin
So what? The banks aren't going anywhere ever. Might as well hop on board for the ride.
Originally Posted By xLGx⏩
Yeah, there is a 5,000 weekly buying limit and a 10,000 weekly selling limit on Coinbase if you do not upload your driver's license for them to have your identity on file. Apparently when you do, they will increase your limits (as to how much, I don't know).

Problem is when you do that, you risk the IRS finding out about your transactions if you fail to put them on your tax returns (IRS asks for CoinBase's customer lists).
Yeah, that's fine for most people. You'll wanna report these moves on your taxes anyway.

I just checked and my weekly selling limit is $50,000 on Coinbase.
post 1535155751 11-20-2017, 12:02 PM
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#92
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Ayyy *******s lets go
And how can man die better, than facing fearful odds, for the ashes of his fathers, and the temples of his gods?
post 1535155981 11-20-2017, 12:04 PM
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Originally Posted By JIGSAW⏩
can you just store your $$ in there also?
Yep, it just stores on coinbase. Though if the company goes under you lose your cash also lol.

edit: on that topic, where does everyone store there btc? seems like a pain in the ass. I store mine on coinbase currently but it sorta defeats the purpose of 'decentralized' as i'm trusting them as my bank essentially.
/
post 1535156001 11-20-2017, 12:04 PM
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#94
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Originally Posted By m1n2v5⏩


Ayyy *******s lets go
fcuker
I walk amongst you.......but I am not one of you.
post 1535156091 11-20-2017, 12:05 PM
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#95
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[QUOTE=m1n2v5 post_id=1535155751][img]https://i.imgur.com/bpfj9ix.png[/mg]

Ayyy *******s lets go[/QUOTE]All well and good dude, but lets be real. If you double your money...woohoo. The opportunity to make big money is gone.
<HTC>
post 1535156201 11-20-2017, 12:06 PM
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#96
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Originally Posted By GM54⏩
All well and good dude, but lets be real. If you double your money...woohoo. The opportunity to make big money is gone.
why's that?
I walk amongst you.......but I am not one of you.
post 1535156301 11-20-2017, 12:07 PM
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#97
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Originally Posted By GM54⏩
All well and good dude, but lets be real. If you double your money...woohoo. The opportunity to make big money is gone.
True.

If you want insane earnings, you would wanna invest in alt coins.
post 1535156461 11-20-2017, 12:09 PM
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#98
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Originally Posted By Kalmah6661⏩
True.

If you want insane earnings, you would wanna invest in alt coins.
the fcuk are ALT coins?
I walk amongst you.......but I am not one of you.
post 1535156471 11-20-2017, 12:09 PM
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#99
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Originally Posted By PuTangSlayer⏩
I feel bad for people like you that fell for this trap. CUCKED
You're a moron, I got into crypto this year, and I have already withdrawn twice my initial investment into fiat, and have made 10x that still invested in crypto. Worst case scenario, assuming crypto totally collapsed, I doubled my money. It isn't going to collapse though. You remind me of the people saying that the internet was a fad.
post 1535156591 11-20-2017, 12:10 PM
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#100
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Originally Posted By GM54⏩
All well and good dude, but lets be real. If you double your money...woohoo. The opportunity to make big money is gone.
I got repped once for my post, the investment has already paid off.
And how can man die better, than facing fearful odds, for the ashes of his fathers, and the temples of his gods?
post 1535156941 11-20-2017, 12:13 PM
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#101
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Originally Posted By HMFIC_BROWSIN⏩
Gold has a market cap of 7trillion and is relatively useless as an actual currency
Bitcoin has a market cap of 140billion and is extremely usable as an actual currency.
NO bitcoin is NOT a usable currency at all. Brb spending $100 dollar fees on a $300 transaction and waiting six weeks for it to go though the blockchain. Bitcoin legacy is eventually going to hit the pavement hard when people realize the tech it was built on no longer works. So many better alt coins that are true to satoshi's vision.
post 1535157831 11-20-2017, 12:21 PM
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#102
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post 1535157861 11-20-2017, 12:22 PM
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#103
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Originally Posted By JIGSAW⏩
why's that?
Not saying he won't make money off that investment. The fact is, the opportunity to make big money is gone. If BTC doubles to 16,000... how much are you willing to risk now to make double your money. The opportunity to make hundreds of times your investment back is gone.
<HTC>
post 1535158151 11-20-2017, 12:25 PM
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#104
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Originally Posted By JIGSAW⏩
the fcuk are ALT coins?
Alt coins are everything else besides the big coins. The big coins are BTC, LTC, and ETH now. XRP is almost there, but not quite in the same category.
post 1535158161 11-20-2017, 12:25 PM
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#105
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Originally Posted By JIGSAW⏩
the fcuk are ALT coins?
Any crypto that's not Bitcoin I believe
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post 1535158461 11-20-2017, 12:29 PM
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#106
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Originally Posted By Antonio519⏩
Any crypto that's not Bitcoin I believe
goddamn, there's so much out there...........
I walk amongst you.......but I am not one of you.
post 1535158851 11-20-2017, 12:32 PM
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#107
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Originally Posted By xLGx⏩
Coinbase has a 10,000 weekly SELLING limit if you do not verify your identity.

If you verify your identity, you can cash all of it out?
With more time and transactions it starts changing. I believe I can do 15,000 a week now
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post 1535159051 11-20-2017, 12:34 PM
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#108
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Originally Posted By GM54⏩
Not saying he won't make money off that investment. The fact is, the opportunity to make big money is gone. If BTC doubles to 16,000... how much are you willing to risk now to make double your money. The opportunity to make hundreds of times your investment back is gone.
Long term it's still 50-100% returns in 1 year which is miles better than any stock trader can hope to achieve
post 1535159081 11-20-2017, 12:34 PM
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#109
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So my .04176684 of a bitcoin arrives in 9 days. The value is what I paid today though, right?
And how can man die better, than facing fearful odds, for the ashes of his fathers, and the temples of his gods?
post 1535159331 11-20-2017, 12:36 PM
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#110
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Originally Posted By GM54⏩
Not saying he won't make money off that investment. The fact is, the opportunity to make big money is gone. If BTC doubles to 16,000... how much are you willing to risk now to make double your money. The opportunity to make hundreds of times your investment back is gone.
Looking to make Hundreds of times your investment and not getting in because of that would be looking at it as a complete gamble and with greed not trying to actually INVEST in something. If you want to just gamble and make hundreds of times your investment then take out your biggest loan and hope it goes up even 1-2k and then get out, Any increase in your investment is better than none.
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post 1535159431 11-20-2017, 12:37 PM
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#111
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Originally Posted By m1n2v5⏩
So my .04176684 of a bitcoin arrives in 9 days. The value is what I paid today though, right?
yes, so if its 8200 today, but 9k in 9 days, you get however amount of coins you bought at 8200 but theyd be worth 9k then.
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post 1535159561 11-20-2017, 12:38 PM
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#112
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Originally Posted By m1n2v5⏩
So my .04176684 of a bitcoin arrives in 9 days. The value is what I paid today though, right?
Yes sir.
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post 1535160141 11-20-2017, 12:44 PM
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#113
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Somehow I ended up with ETH and LTC, but no BTC. Such is life on the spectrum
post 1535160261 11-20-2017, 12:45 PM
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#114
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Originally Posted By Omnivium⏩
Somehow I ended up with ETH and LTC, but no BTC. Such is life on the spectrum
Those are amazing investments, too. You didn't really screw up that badly.
post 1535161171 11-20-2017, 12:53 PM
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#115
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waiting for the right time to short bitcoin crew checking in


How do you imagine the bubble growing like that? The big players are looking to make the GOAT short on gullible peasants who won't bother checking around one corner.

Bitcoin will DESTROY the market. And the craziest thing about it: It's ALL legal.

Bitcoin needs JUST ONE big scandal and chit will tear the world economy a new arzzhawl.
post 1535164321 11-20-2017, 01:21 PM
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#116
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Thinking of throwing a few hundred in Alt coins that are -$1.

Not fussed on losing it just think it will be fun to watch if it grows or not.

Thoughts?
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post 1535164821 11-20-2017, 01:25 PM
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#117
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Originally Posted By Kalmah6661⏩
Those are amazing investments, too. You didn't really screw up that badly.
What about XRP?
( ̿▀ ͜ʖ▀)╭∩╮
post 1535165221 11-20-2017, 01:29 PM
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#118
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coinbase verification process blows hard. i think their racists. srsly.

this is why i trade with other btc sellers.
:/
post 1535165281 11-20-2017, 01:29 PM
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#119
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The only viable altcoin is ETH in my opinion. Everything else will eventually just die. Eventually, BTC will too due to the hardcap or will be traded amongst an elite few. It's great for a short term investment and then a swift disposal while it lasts.
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post 1535165661 11-20-2017, 01:33 PM
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#120
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Originally Posted By tjm8⏩
did any of you invest when it was just a few hundred and are now on that CEO time?
There is one guy in crypto thread who has >130 BTC and iirc he bought them when a single BTC was at $70. On top of that he also has a few dozen ETH which put together makes him a millionaire
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