Dirty F

200 bitcoins

spiederman

at this rate, the 100th bitcoin post will indeed be worth 200 bitcoins

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Cryptography is erring on the side of caution.

spiederman

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CAHEK

Remove all withdraw limits and lets see what happens...

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facialfreak

OK .... I have a serious question ...
I have been spinning my wheels and banging my head for a couple hours now ..

How do I buy BTC or LTC with Paypal?
It seems the only way I can buy BTC or LTC is to pay with other "virtual currencies" ... the problem being, none of the virtual currencies accept Paypal .....

I do not feel good about sending WU to somebody I do not know ...

What am I missing here?

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xato

The issue is PayPal rules are arbitrary and a scammer is going to know how to use them to his advantage is both directions.

For example if a noob pays by gift using a PayPal account with a balance he likely is screwed.
So never pay by gift. I would also point out that too sending or receiving too many gift payments can get your account frozen or cause you to lose the ability to make gift payments.
This has nothing to do with "scams" and everything to do with the fact that PayPal doesn't get paid on gift payments.

Oh so if sending by gifts can be reversed, than receiving by gifts must be safe right?
No absolutely not. A scammer is going to be more than willing to pay by gift using:
a) a hacked/stolen PayPal Account -> auto reverse you lose
b) Claiming his account was hacked/stolen -> auto reverse you lose
c) a $0 balance PayPal account (where tx is funded in realtime by CC) -> charge back on CC -> reverse on PayPal you lose.

PayPal requires complete and absolute trust because it can be used to scam both ways. A scammer is going to know all the ins and outs and the sucker isn't. So even if it looks "safe" you probably can get burned.

Sadly no matter how many times this explained people seem to get scammed.

TL/DR:
Paying by gift to an untrusted persons = dangerous.
Accepting payment by gift from an untrsuted person = dangerous.

In short:
Reversible PayPal and non-reversable Bitcoin transactions can fail

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rowan

I'm mining LTC right now, banking on it growing in a year or two like BTC did.

There's potential for HUGE returns if you got in early enough. Imagine mining them when it cost less than $1 in electricity to generate 50BTC, using just one core of your crappy CPU... that $1 investment would today be worth more than 10,000 times that.

Dirty F

How many coins a day are you getting?
Personally i don't see it happen with Litecoins but i could be totally wrong ofcourse.

pimpmaster9000

its nice to visit these bitcoin fairy tale threads where people keep believing this bubble/ponzi/money launder shit will last

sure thats how shit works...virtual money that increases value every week by 100% and it will last

Dirty F

Don't be bitthurt man.

xato

I'm seeing a lot more than 100% for next week.
https://twitter.com/maxkeiser/status/321897445422399488

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Internet Guy

beat me to it ^ Haha!

Came to post the same link..

pimpmaster9000

congratulations to you for making money, I am happy for you...just saying that bubbles and ponzis do not last and I fear that the hurt will move in to your butt and set up camp soon...

sell now while you still can...

Dirty F

I'm not worried. I own 1 coin.

Konda

$250

jscott

You think that 100% what you say is true? you talk like you know something, like you're certain.

Remember man, this is an online digital currency, and it's a first of it's kind. So comparing to previous schemes before is pretty wrong.

This is a currency that has been accepted for years and it's got backing from many things, from registrars to New York City bars, to $2bn USD invested in it (and growing rapidly)

I invested a little in it.... but sure I am aware the risk, maybe someday it could crumble (though I personally do not think so).

Can you stop typing and think first? Now can you imagine, even just a small % chance that this is a real thing? Think about it for a while, read about it, then surely you'll accept the reality of it.

People can bash it, but look through and see who's bashing it, usually it's those people that found out about the bitcoins when it was already too late and too expensive and "too risky" to invest. Biased people

d-null

sorry if I missed it if you posted already, but did you simply purchase 1 single coin, or did you mine that yourself?

ContentPimp

A friend told me about bitcoins when they were around $6 a share. I did't buy - because I got burnt before, redhat got in at $80 went up to $320 in dot com days, didn't sell, and held on, and it went bust.

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Dbrock1975

Yikes

Bump!

rowan

If you'd bought during this thread and held until now, you'd have unrealised profit of nearly 200 times your original investment.

Even more if you sold out at the peak.

If only we had a crystal ball, or a time machine

Dbrock1975

Ueer MikeRoth posted a screenshot of having 600 bitcoins...if he held and sold at the peak thats $36,000,000

OneHungLo

Good ol' crucifissio lol

Where has that faggot been?

mainstreammix

Not thinking something like Bitcoin would work is fine, it's when these fucking idiots thought it wouldn't work. They were so oblivious to what was happening, momentum in general, etc. that I wouldn't trust a single decision they made in their lives.

Dead

Thank you Dread Pirate Roberts!

jscott

Bitcoin holders didn't sell through all the government attacks, MSM attacks, FUD lies, peers "it's a ponzi/tulip" attacks, altcoin attacks, they held through it all, most that did have taught themselves what Bitcoin is and knows it's strong enough to survive all this bullshit. They deserve everything they've got. Anyone trying to take away from their knowledge & strength to hold is a jealous bitch. They deserve it, I envy you folks!

NatalieK

oh dear...

if selling those 1000 coins, probably worth 30k back then, each coin is worth that now...

1000 times, 30 million!

no, now it´s a real kick in the ass for Mike...

sold most and doubled your money, hmmmm doubled... and now

and now if you had 600, you´d have 18 million dollars!

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nikki99

i recovered some money the past weeks

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Dbrock1975

Did I, or anyone, ask you?

Huggles

Does anyone remember when people were using bitcoins to buy pizza in the USA from Dominoes or some big chain that accepted them for a limited time?

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$5 submissions

Thanks for bumping this thread now that BTC is going through another up cycle.

Enjoy the ride!

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Colmike9

I missed out on crypto

But, I did just get a near-mint 1999 Charizard shadowless and says "Edition 1" on the left, for $160, so I made a good investment (and got lucky) lol

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jscott

If you can't distinguish between Bitcoin & "crypto" then you still haven't learned a thing. Start with studying Bitcoin and how it is superior than all crypto/altcoins, then you'll realize there is no "missing the boat" with BTC. It is one of a kind. The others are centralized cash grabs.

NatalieK

always up and down, is the same worth it was 3 year ago.

Sadly sold our BTC on that slump, just before the huge rise. So could have doubled our investment we had at the time...

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Dbrock1975

Yea that one guy bought a pizza for what was worth like $20 billion or something

nazgiga

It seems the new trend is to call all these related business Web3 now?

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Colmike9

That's fine, I like other ways to make money. Like that Charizard that I got for $160, it's worth at least $5000, maybe twice that.

The only useful things in real life that I've seen use Polygon, why not BTC?

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Killswitch

Shut the fuck up.

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jscott

Polygon like all altcoins can be shut down or controlled, as they are centralized, sometimes in multiple ways. Bitcoin can't be shut down or controlled. Simple as that.

Mahadeva

Or, if you'd bought at the $64,000 that ruff or jscott or one of the other crypto cucks had suggested, you'd have half your investment back by now!

Colmike9

It's about HODL, tho, the value doesn't matter..

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jscott

Not sure why you'd lie about something like this, I never told people to buy at $64k top, nor would I ever. You lying about me because you hate Bitcoin, fair money, and anyone who supports it, shows how strange of a character you are.

That said, I have suggested people look into Bitcoin since it was $200, any comment on that?

Also, many stocks lost value by 50% or more from the top, why aren't you also hating on those? You obviously hate math, can you tell us why?

jscott

You're right, but guys like Mahadeva are short term thinkers, they have no long term vision, no investing and patience skills. They are lazy. They criticize stuff they have no knowledge about. They'll always be poor or on the path to losing whatever value they do have.

Mahadeva

That's how "or" works, bud. All of you blend together, so who can remember which tool it was? The only confirmed crypto winners ever were Dirty Franck and that other idiot Edgelord or Edgepro or whatever. The rest probably make 50k and feel like kings.

jscott

So you're jealous of them, got it.

A little advice for people like you, learn what money is, how it is controlled, about the supply, devaluation/inflation, history, etc. Then learn about the properties of gold/silver. Then learn about Bitcoin and what problems it can solve.

Complaining about shit you have no clue about makes you look dumb as fuck. And then making up lies about me and probably others too....

NatalieK

so?

you wouldn´t sell now, you´d keep for another 3 years, probably double again


bitcoin´s either to use for people to use it as a coin, as payments...

but specifically, if you want to invest, it´s long term, not for a year or so

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NakedWomenTime

One of the most important aspects of Bitcoin is that it asks questions about the current financial system, and whether it actually serves the people well. Whether Bitcoin is a good investment or not is secondary to this.

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Mahadeva

You'd really have to be an idiot, even for GFY, to somehow think $64,000 down to where did it go .. $16k? Before coming back is somehow a "win" .. you'd be massively better off having bought in at $16k.

Math is hard, yes.

Mahadeva

Yeah, that's me, jealous of Edgepro and all of his lies. Before he was super rich, he was delusional. Probably still is. Has $20 million from Doge according to when I last tracked his wallet and when it shows he sold, probably claiming it's $20 billion by now.

jscott

You're a trading/investing genius, I mean, in hindsight
What other investing tips will you give us? Should we have bought Apple, Tesla, Microsoft at $10 too?

Well, why not crush your ignorance & jealousy by learning Bitcoin & finance? It's not out of reach. You seem like a fiat maximalist, is that true? You're so critical of how others save, why don't you tell us, how do you save?