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Posted: 11/18/2020 10:40:47 AM EDT
[Last Edit: captainpooby]
Congrats to all the hodlrs!!!
 Gold closed the day, week, month, quarter at an all time of $2251 on 3/29/24 and closed the 1st week of April at a new ATH of $2330. Now at a new high of $2375 With BTC up near ATHs as well it appears that people are waking up to what a mess our betters have put us in. Good luck to all the smart people who saw the damage being done to our fiat system of currency and chose an alternative. Let's all hope that this good fortune doesn't come at too great a cost.  $72k 3/11/24 $70,199 3/8/24 $69,324 3/5/24 68.49 Nov 9 66.99 Oct 20 64.8 Apr 14 63.2k Apr 13 61.7k Mar 13 58.3k Jan 21 57.4k Jan 20z 56.3k Feb 19 52.6k Feb 18 51.7k Feb 17 50k Feb 16 49.7k Feb 14 48.9k Feb 11 47.4k Feb 8 44.9k Feb 8 43.8k Feb 8 41.6k Jan 8 40.4k Jan 7 36.8 jan 6 34.1k 32.8k Jan 2 31.2k Jan 2nd 2021 Update: Blackrock, the worlds largest asset manager that manages $7 + TRILLION says they are “dabbling” in bitcoin. I don’t know how big a dabble is but a dabble of 7 trillion has got to be a lot. Update: Elon Musk just tweeted that Tesla will buy $1.5B of bitcoin and begin accepting bitcoin as payment for Tesla cars. Bitcoin soars. Update: BTC is up 6k in the last week of 2020 first days of 2021. Update: Bitcoin reaches new ATH over 24k Dec 19 2020. Up 5k in the last week and 8k in the last month. From 11,400 to 17,900 in the last month. ATH few years ago was about 20k. I wonder whatever happened to the board member here who cashed out 21,000 bitcoins when it hit a thousand bucks. It’d be worth nearly 400 million now. Yoiks! link to live crypto prices |
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Posted: 11/18/2020 10:41:51 AM EDT
[#1]
Crime must be up.
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Posted: 11/18/2020 10:43:05 AM EDT
[Last Edit: captainpooby]
[#2]
Quote HistoryOriginally Posted By Notcalifornialegal: Crime must be up.  GBTC is over 20 today. |
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Posted: 11/18/2020 1:36:27 PM EDT
[#3]
I've been watching GBTC climb again in my portfolio and I have been wondering why I haven't heard much about it in the news.
Gold has been dropping during the same timeframe so it isn't a flight to quality type scenario, or maybe it is I don't know. |
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Posted: 11/18/2020 1:41:16 PM EDT
[#4]
my plan is the same: I bought 3.5 BTC when it was about 400'ish.
I'm not doing anything with them till I retire. They'll either be worthless, or they'll be worth 50K apiece or something. I think there is better crypto now, but since there's not enough bitcoin in the world for everyone to have one, I think it's always going to be somewhat "Collectible" and prices will continue to rise over time. I will retire in 15-20 years probably. |
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MT, USA
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Posted: 11/18/2020 1:41:31 PM EDT
[Last Edit: Third_Rail]
[#5]
I should check my balance.
ETA: I'm buying another MG. 
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Posted: 11/18/2020 1:42:40 PM EDT
[#6]
Quote HistoryOriginally Posted By crashburnrepeat: my plan is the same: I bought 3.5 BTC when it was about 400'ish. I'm not doing anything with them till I retire. They'll either be worthless, or they'll be worth 50K apiece or something. I think there is better crypto now, but since there's not enough bitcoin in the world for everyone to have one, I think it's always going to be somewhat "Collectible" and prices will continue to rise over time. I will retire in 15-20 years probably. 60k birds in the hand are worth more than zero in the bush... |
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Posted: 11/18/2020 1:44:00 PM EDT
[#7]
Quote HistoryOriginally Posted By crashburnrepeat: my plan is the same: I bought 3.5 BTC when it was about 400'ish. I'm not doing anything with them till I retire. They'll either be worthless, or they'll be worth 50K apiece or something. I think there is better crypto now, but since there's not enough bitcoin in the world for everyone to have one, I think it's always going to be somewhat "Collectible" and prices will continue to rise over time. I will retire in 15-20 years probably. HODL 4 Life |
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Posted: 11/18/2020 1:44:24 PM EDT
[#8]
Quote HistoryOriginally Posted By hvla: 60k birds in the hand are worth more than zero in the bush... Not if those birds are dead and nobody wants them. |
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Posted: 11/18/2020 1:51:05 PM EDT
[#9]
Quote HistoryOriginally Posted By noFoTeeneR: Not if those birds are dead and nobody wants them. What? People dont want $s? News to me. Cash that shit out and buy real estate. |
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Posted: 11/18/2020 1:52:04 PM EDT
[#10]
How much has Tether printed this month?
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Posted: 11/19/2020 10:45:54 AM EDT
[#11]
Quote HistoryOriginally Posted By crashburnrepeat: my plan is the same: I bought 3.5 BTC when it was about 400'ish. I'm not doing anything with them till I retire. They'll either be worthless, or they'll be worth 50K apiece or something. I think there is better crypto now, but since there's not enough bitcoin in the world for everyone to have one, I think it's always going to be somewhat "Collectible" and prices will continue to rise over time. I will retire in 15-20 years probably. I’m holding until 2025. |
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Posted: 11/20/2020 9:57:50 PM EDT
[#12]
Quote HistoryOriginally Posted By hvla: 60k birds in the hand are worth more than zero in the bush... Quote HistoryOriginally Posted By hvla: Originally Posted By crashburnrepeat: my plan is the same: I bought 3.5 BTC when it was about 400'ish. I'm not doing anything with them till I retire. They'll either be worthless, or they'll be worth 50K apiece or something. I think there is better crypto now, but since there's not enough bitcoin in the world for everyone to have one, I think it's always going to be somewhat "Collectible" and prices will continue to rise over time. I will retire in 15-20 years probably. 60k birds in the hand are worth more than zero in the bush... He wouldn't have gotten to $60k in the first place if he had that attitude. |
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GA, USA
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Posted: 11/20/2020 10:00:56 PM EDT
[#13]
XRP is where it’s at.
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MT, USA
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Posted: 11/20/2020 10:01:44 PM EDT
[#14]
teach us how to make money with bitcoin.
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Posted: 11/20/2020 10:02:47 PM EDT
[#15]
Quote HistoryOriginally Posted By JLPettimoreIII: teach us how to make money with bitcoin. Buy it and wait 5 years. This is the way. Also, a time machine would help. |
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Posted: 11/20/2020 10:04:00 PM EDT
[#16]
Who was the guy who bought in early when it was still dirt cheap? Kstanton?
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Posted: 11/20/2020 10:04:40 PM EDT
[Last Edit: aIIan]
[#17]
Quote HistoryOriginally Posted By JLPettimoreIII: teach us how to make money with bitcoin. Learn how to say/type/yell/scream HODL and repeat ad nauseam. |
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MT, USA
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Posted: 11/20/2020 10:05:33 PM EDT
[#18]
Quote HistoryOriginally Posted By woodsie: Buy it and wait 5 years. This is the way. Also, a time machine would help. |
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AR, USA
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Posted: 11/20/2020 10:05:59 PM EDT
[#19]
Quote HistoryOriginally Posted By woodsie: Buy it and wait 5 years. This is the way. Also, a time machine would help. ^^^ |
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Posted: 11/20/2020 10:06:13 PM EDT
[#20]
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Posted: 11/20/2020 10:07:22 PM EDT
[#21]
Some investors pumping in to make the illusion its going to the moon, then when the bubble hits. Boom!
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VA, USA
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Posted: 11/20/2020 10:08:17 PM EDT
[#22]
Quote HistoryOriginally Posted By JLPettimoreIII: teach us how to make money with bitcoin. I would not buy bitcoin right now personally. |
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Posted: 11/20/2020 10:09:15 PM EDT
[#23]
Quote HistoryOriginally Posted By JLPettimoreIII: and then sell? Quote HistoryOriginally Posted By JLPettimoreIII: Originally Posted By woodsie: Buy it and wait 5 years. This is the way. Also, a time machine would help. Meh...no. HODL. |
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GA, USA
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Posted: 11/20/2020 10:09:49 PM EDT
[#24]
Originally Posted By captainpooby: I wonder whatever happened to the board member here who cashed out 21,000 bitcoins when it hit a thousand bucks. It’d be worth nearly 400 million now. Yoiks! Dont worry about him, I wonder about the guy who threw his HDD out with a bunch of mined bitcoins. When I read about him, he spent his days digging around the landfill looking for that old hard drive with his private key on it. |
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Posted: 11/20/2020 10:10:53 PM EDT
[Last Edit: Fives]
[#25]
Quote HistoryOriginally Posted By odiedodi: Buy low, sell high, don't obsess in the meantime, or you'll end up selling a crash and being financially ruined. I would not buy bitcoin right now personally. Quote HistoryOriginally Posted By odiedodi: Originally Posted By JLPettimoreIII: teach us how to make money with bitcoin. I would not buy bitcoin right now personally. I wouldn't buy any at all right now. I dabbled in the frenzy when it went from 800 to 20k in just 6 months. Then I witnessed the big pop and bam, people started jumping ship. I told my self I would by when it gets back down to 2-3k. |
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Posted: 11/20/2020 10:12:39 PM EDT
[#26]
HODL!
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USA
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Posted: 11/20/2020 10:14:09 PM EDT
[Last Edit: Knife_Sniper]
[#27]
Quote HistoryOriginally Posted By JLPettimoreIII: and then sell? No, why would you replace it with monopoly money which has lost more than 90% of it's value? Lend yourself money with the btc as a collateral and spend the useless USD and keep the BTC wrapped in smart contracts and keep it forever. Service the 2% loan with inflating USD and wait another few more years and boom take out another loan after BTC further appreciates. No taxable events occured. People just don't realize what we are sitting on. I took out a $600 dollar loan and paid for a gun I wanted. I never sold my ETH. It's at net 1% interest and since then it has gone up in value substantially. I pay the loan back on my time, when I want, and I retrieve my rapidly appreciating ETH. Without. A. Bank. This shit is gonna go bonkers in both value and tech disruption. Don't say we didn't warn you if you miss out. |
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Posted: 11/20/2020 10:14:52 PM EDT
[#28]
Quote HistoryOriginally Posted By Notcalifornialegal: Crime must be up. LOL, because the dollar has never been used in a crime. I get a chuckle when people say this though. Thanks for the chuckle. |
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Posted: 11/20/2020 10:17:48 PM EDT
[#29]
Quote HistoryOriginally Posted By odiedodi: Buy low, sell high, don't obsess in the meantime, or you'll end up selling a crash and being financially ruined. I would not buy bitcoin right now personally. Quote HistoryOriginally Posted By odiedodi: Originally Posted By JLPettimoreIII: teach us how to make money with bitcoin. I would not buy bitcoin right now personally. Said every guy watching it break through all time highs in 2017 on a daily basis. Its entirely possible that Bitcoin corrects back to $10,000 before moving on and its entirely possible that it doesn't. Bitcoins normal trading range is just that large. The real truth is that it doesn't whether you enter at $10k or $18k. The only reason to gamble on Bitcoin is for the next bubble if there is one. If we have a 4th bubble, getting in at $10k vs $18k will be irrelevant. But the ticket, take the ride, and understand that it could take years if it happens at all. This is gambling son. This is not a sensible investment. |
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Posted: 11/20/2020 10:18:04 PM EDT
[#30]
I sold out at 16K
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JPN
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Posted: 11/20/2020 10:19:20 PM EDT
[#31]
Institutional acceptance has already happened, and they are acquiring like crazy.
When guys like Ricardo are announcing this it's plain to see BTC is not just a scam, it's a real deal store of wealth. https://www.bloomberg.com/news/articles/2020-11-18/billionaire-salinas-has-10-of-liquid-portfolio-in-bitcoin LINK RLC UNI MATIC OCEAN EWT UBT DOT RSR REN BTT All of the above have legit business use cases and have serious corporate backing, Defi is especially interesting. 2021 is going to be a crazy year in crypto. |
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Posted: 11/20/2020 10:20:05 PM EDT
[#32]
Quote HistoryOriginally Posted By Pita_146: I sold out at 16K But why? |
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Posted: 11/20/2020 10:22:38 PM EDT
[#33]
Quote HistoryOriginally Posted By SheltiePimp: Institutional acceptance has already happened, and they are acquiring like crazy. When guys like Ricardo are announcing this it's plain to see BTC is not just a scam, it's a real deal store of wealth. https://www.bloomberg.com/news/articles/2020-11-18/billionaire-salinas-has-10-of-liquid-portfolio-in-bitcoin LINK RLC UNI MATIC OCEAN EWT UBT DOT RSR REN BTT All of the above have legit business use cases and have serious corporate backing, Defi is especially interesting. 2021 is going to be a crazy year in crypto. Preach it brother! LINK is going to be ridiculous. Many do not want to face that the world is changing around them. |
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USA
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Posted: 11/20/2020 10:24:03 PM EDT
[#34]
Why is Bitcoin going on another run anyway? It had been left for dead the past few years and nobody was even talking about it anymore. Are people just buying it because they think the FED will make our money worthless or something?
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Posted: 11/20/2020 10:24:44 PM EDT
[#35]
I still think we'll cross $40k in less than 4 years. The way this last month has gone, it may take quite a bit less time than 4 years.
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Posted: 11/20/2020 10:26:12 PM EDT
[#36]
Quote HistoryOriginally Posted By Kingsmen: Why is Bitcoin going on another run anyway? It had been left for dead the past few years and nobody was even talking about it anymore. Are people just buying it because they think the FED will make our money worthless or something?  money printer go brrr 1080p |
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OH, USA
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Posted: 11/20/2020 10:26:40 PM EDT
[#37]
One of the richest men in Mexico put 10 percent of his billions in bitcoin.. the adoption is real. If you can own 1 bitcoin you should..
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Posted: 11/20/2020 10:27:13 PM EDT
[#38]
Quote HistoryOriginally Posted By Optimal: One of the richest men in Mexico put 10 percent of his billions in bitcoin.. the adoption is real. If you can own 1 bitcoin you should.. 10% of his liquid assets. |
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Posted: 11/20/2020 10:27:14 PM EDT
[#39]
Quote HistoryOriginally Posted By Kingsmen: Why is Bitcoin going on another run anyway? It had been left for dead the past few years and nobody was even talking about it anymore. Are people just buying it because they think the FED will make our money worthless or something? |
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Posted: 11/20/2020 10:29:12 PM EDT
[Last Edit: Default-Gateway]
[#40]
Quote HistoryOriginally Posted By Kingsmen: Why is Bitcoin going on another run anyway? It had been left for dead the past few years and nobody was even talking about it anymore. Are people just buying it because they think the FED will make our money worthless or something? They have printed more dollars in the past 9 months than in the 100 yrs prior. Go figure why BTC is up. Institutional money is flooding in and there are only 3ish million BTC left to be mined. For reference, if you invested that $1200 check you got from Uncle Sam a couple months ago in BTC, it would be worth over $3200 now. Let that sink in. |
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CA, USA
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Posted: 11/20/2020 10:46:30 PM EDT
[#41]
Quote HistoryOriginally Posted By Kingsmen: Why is Bitcoin going on another run anyway? It had been left for dead the past few years and nobody was even talking about it anymore. Are people just buying it because they think the FED will make our money worthless or something? Can’t tell if being serious about the FED comment. The fed is actively working at making our money worthless. They have to in order to be able to service the debt they hold and in order to keep our economy going. People are piling in because many people currently believe that leaving your net worth in the hands of government that will inflate your money away at best or have a currency collapse at worst is a bad idea. |
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JPN
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Posted: 11/20/2020 10:51:28 PM EDT
[#42]
Quote HistoryOriginally Posted By Kingsmen: Why is Bitcoin going on another run anyway? It had been left for dead the past few years and nobody was even talking about it anymore. Are people just buying it because they think the FED will make our money worthless or something? Because major retailers, financial institutions, banks, travel companies, and just about anyone with technical foresight now sees it as a legitimate way to store and transfer wealth. Blockchain will change everyone's life. We are at the pre-Amazon/Google/Tesla IPO stage of Blockchain development, get in now if you can. |
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Posted: 11/20/2020 10:53:09 PM EDT
[#43]
Quote HistoryOriginally Posted By Kingsmen: Why is Bitcoin going on another run anyway? It had been left for dead the past few years and nobody was even talking about it anymore. Are people just buying it because they think the FED will make our money worthless or something? Bitcoin bubbles are an inevitable consequence of the design of the protocol. Bitcoin bubbles don't need a reason, they only need enough time and an excuse. |
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Posted: 11/20/2020 10:53:47 PM EDT
[#44]
Quote HistoryOriginally Posted By SheltiePimp: Because major retailers, financial institutions, banks, travel companies, and just about anyone with technical foresight now sees it as a legitimate way to store and transfer wealth. Blockchain will change everyone's life. We are at the pre-Amazon/Google/Tesla IPO stage of Blockchain development, get in now if you can. the internet of money |
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Posted: 11/20/2020 11:36:02 PM EDT
[#45]
Quote HistoryOriginally Posted By Knife_Sniper: No, why would you replace it with monopoly money which has lost more than 90% of it's value? Lend yourself money with the btc as a collateral and spend the useless USD and keep the BTC wrapped in smart contracts and keep it forever. Service the 2% loan with inflating USD and wait another few more years and boom take out another loan after BTC further appreciates. No taxable events occured. People just don't realize what we are sitting on. I took out a $600 dollar loan and paid for a gun I wanted. I never sold my ETH. It's at net 1% interest and since then it has gone up in value substantially. I pay the loan back on my time, when I want, and I retrieve my rapidly appreciating ETH. Without. A. Bank. This shit is gonna go bonkers in both value and tech disruption. Don't say we didn't warn you if you miss out. Wait. What? How do you do this? |
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Posted: 11/20/2020 11:39:11 PM EDT
[#46]
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Posted: 11/20/2020 11:40:32 PM EDT
[#47]
Quote HistoryOriginally Posted By Knife_Sniper: No, why would you replace it with monopoly money which has lost more than 90% of it's value? Lend yourself money with the btc as a collateral and spend the useless USD and keep the BTC wrapped in smart contracts and keep it forever. Service the 2% loan with inflating USD and wait another few more years and boom take out another loan after BTC further appreciates. No taxable events occured. People just don't realize what we are sitting on. I took out a $600 dollar loan and paid for a gun I wanted. I never sold my ETH. It's at net 1% interest and since then it has gone up in value substantially. I pay the loan back on my time, when I want, and I retrieve my rapidly appreciating ETH. Without. A. Bank. This shit is gonna go bonkers in both value and tech disruption. Don't say we didn't warn you if you miss out. Quote HistoryOriginally Posted By Knife_Sniper: Originally Posted By JLPettimoreIII: and then sell? No, why would you replace it with monopoly money which has lost more than 90% of it's value? Lend yourself money with the btc as a collateral and spend the useless USD and keep the BTC wrapped in smart contracts and keep it forever. Service the 2% loan with inflating USD and wait another few more years and boom take out another loan after BTC further appreciates. No taxable events occured. People just don't realize what we are sitting on. I took out a $600 dollar loan and paid for a gun I wanted. I never sold my ETH. It's at net 1% interest and since then it has gone up in value substantially. I pay the loan back on my time, when I want, and I retrieve my rapidly appreciating ETH. Without. A. Bank. This shit is gonna go bonkers in both value and tech disruption. Don't say we didn't warn you if you miss out. FFS, Finally someone who gets it. Some people can't handle being their own bank. |
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Posted: 11/20/2020 11:46:55 PM EDT
[#48]
Started buying it at around $70, bought more all the way up to $130. Haven't sold any yet, but used to offer my youngest $7 in cash to mow the lawn or $10 in btc. He always took the btc. He might be the highest paid lawn mower in history.
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Posted: 11/20/2020 11:47:28 PM EDT
[#49]
There was supposed to be a Moon and I was promised many Lambos.
Still HODLing.... |
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Posted: 11/20/2020 11:50:41 PM EDT
[#50]
Quote HistoryOriginally Posted By mmm_horsemeat: Started buying it at around $70, bought more all the way up to $130. Haven't sold any yet, but used to offer my youngest $7 in cash to mow the lawn or $10 in btc. He always took the btc. He might be the highest paid lawn mower in history. Friend of mine bought 20 bitcoin for $100 when he got drunk one night. He still has all those plus some more. |
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