Bitcoin, saw it on CNN
 

so they were explaining to the audience what a bitcoin is, this was past week ,

so I wondered if maybe it´s time to buy some bitcoins or not? what do u think?

thanks :thumbsup

mine don't buy

LOL

Spend $400-$500 (the current value of 1 BTC) on a miner or cloud hashing and see how much you make. It will be far less than 1 BTC

BC holds on 500$ but buzz is down

Very curious on what you guys think of Bitcoin. We just added a way to buy Bitcoin as a withdraw option and are looking for ways to offer Bitcoin and Fiat processing for our merchants.

Is anyone accepting Bitcoin already on their sites? How much of the payment volume is it representing?

It's still a good time to get some Bitcoin. Price is good, go for it. I wouldn't mine Bitcoin anymore nor would I buy cloud mining contracts. There are other more profitable coins to actually mine. For just a taste, get a Coinbase account and start buying. You don't have to buy a whole coin, you can buy $10 or any amount. Coinbase will function as a secure wallet for your coin and when you get more knowledge, you can make decisions that are good for you. Bitcoin is growing rapidly worldwide, it is still a ground floor opportunity for early adopters.

There are more and more places to use it. It's cheap and fast and you don't have to take it in the ass from the credit card companies. If you live in Europe, tell companies that you promote to pay you in BTC. Hell, if you live anywhere, you should be able to get your commissions in BTC. No wire fees, no check fees, no $100 minimum bullshit. It's a big, big change, but it is eventually going to happen.

Been mining for a long time...... Time to buy not mine!!! Miners are worthless for resale every time next gen comes out. Might as well spend on BTC directly these days and not have to resell old miners!!!!! Seriously:2 cents:

I'm using Bitcoin on my main paysite. Volume is 40% and rising the more I promote to the BTC community. I'm switching from Bitpay to GoCoin this week. I will be offering a discount to BTC users. It's nice not having to pay a $500 fee to anyone every year. It is also nice not having to pay 15-16% to a processor for a so called high risk transaction.

Banks and credit card companies do not like BTC because they cannot figure out how to fuck the merchant and consumer.

The time to buy was last week when they dipped down around $300 a coin.

We accept bitcoin + litecoin + dogecoin via gocoin and we are making some $50 crypto sales every $50,000 visa/mc/etc. sales, so coins is representing 0.1% of sales. That's the real statistics no one else adult site is publishing :)

We could do better if advertising in coin community, how? We just posted in the 2 main coin forums, got hundreds views and dozen replies, that's all. Could buy banners or else, where?

That's a pretty big gap. I've heard there's a nice initial bump once the community finds out you're accepting BTC but that drops again after a while, so congrats ruff on keeping up the volume.

What have your experiences with BTC processors been like, why are you switching?

GoCoin accepts Bitcoin, Litecoin and Dogecoin.

Yes that's why we use gocoin too. In fact today we got the first Litecoin sale, a $20, after bumping a lot some posts in litecoin forums. Still waiting the first doge sale.

I was reminising about the old days here and trying to search out when I rang the bell for BTC.
Yeah, it's an old thread, but still relevant.

Found some for you.

On 07-27-2020 at around $10k, you advised:

Here's you nailing another one: you said to buy $50k on February 17, 2021 (when the price was $52,533.91) and "by the end of summer" Bitcoin would be at $100k. End of summer was September 22, when bitcoin bit $40,625.63.

So, from just a very quick search, it looks like you "rang the bell" to sell Bitcoin at $10,000, and then to buy at $52,533.91 before the crash to $40,625.63 for your predicted time frame.

You're like a fucking oracle.

The truth is that if you say enough shit (and you spend a lot of your time here, obviously, so you say a lot), you'll eventually say something correct. It's like a broken clock: it's bound to be right at least twice per day.

But generally speaking, you're a moron. And I think everyone has known that for a long time.

I'll save you some time: I won't be watching replies because you won't convince me you aren't someone stupid trying to pretend like you caught some wave early. You're fake as fuck, and trying to rewrite history won't change that.

bitcoinsssssssssssssss

nikki nikki!!!!

It was really good advice :1orglaugh

I ain't taking sides here; but

:1orglaugh:1orglaugh:1orglaugh

Golly, Mahadeva, I must have fucked your sister or something. Seriously, you sound like Pink 24. And you know so much for only 17 posts!

Of course, you will be peeking at my reply because you're a fucking peckerwood.

The first quote of mine you posted was sarcasm and you cherry-picked that one.
Later in the thread I said:

"Do not sell your Bitcoin for at least 2 more years. Buy, use dollar-cost averaging, and hodl.
I have been doing this since 2015 and I know. You hodl and you will thank me."

So you really nailed that one didn't you Huckleberry?


The second quote of mine you posted was from February of this year. BTC didn't hit 100k at the end of the summer, but it's looking good to hit that in the next few months. So I was off a few months. I have always preached HODL. So if you bought at 52k and it went down to 40k, then, what is it today? 66k? So you would be up about 14k, well, not you, because you're butt-hurt that you missed the gravy train.

So really, Huckleberry, whose the fucking moron? This time next year I'll be me, but you will still be broke-ass you.:1orglaugh:1orglaugh:1orglaugh

I wish I would've seen this thread in 2014. What a massive payoff since then. Anybody into NFT Gaming Coins lately? Even softbank getting into the game now ( https://gamingindustry247.com/nft-ga...d-by-softbank/)

Figured I'd do a drive-by with some information: $42,939.50 today.

You truly are like some reverse oracle. Just do the opposite of whatever this clown says to do. :1orglaugh

:))))) This happens with all "oracles" :) There was this other guy as well that could manipulate market by going back in time, analysing what has happened, then firing up that time machine and making bank.

$35,000 now you fucking clown. Could make a fortune just doing the opposite of what ruff tells you.

Nostradamus II

Wait for it to shake out overleveraged and nervous nancys.

Either that or do dollar cost averaging.

Shilling now on TV.

You can earn well on other crypto, where you have + 600percent in 2-3 months

2014: 2022: You do realize that Bitcoin price in 2014 was only $100'ish right? :1orglaugh

Easy to detect who's the long term smart investors and the short term fiat maximalist are.

Mindlessly HODLing through every crash, including 60k to 35k = "smart investor".

Easy to detect a bullshit artist, because no way can you seriously be that dumb.

Here's what happened to bitcoin at the end of August 2014 when Nostradamus II recommended people buy it at a "good price":

https://i.imgur.com/EwOSCAH.gif

(LOL)

It wouldn't get above that "good price" again until 2016, but with 20/20 hindsight "smart investors" have the psychic power to know the price eight years later.

And yet if instead of buying a bitcoin in 2014 you'd used the same money to buy Dogecoin you could have cashed out as a USD millionaire last year (something you seem to be insisting you are too dumb to ever do), rather than holding a theoretical $60k all the way down to $35k.

Smart.

To call investment of $100, hodling til $35000 dumb, is actually the dumbest thing I've heard all day :1orglaugh

He said it would be 100k by the end of 2021, which is what I'm making fun of. He was trying to beat his chest like he had a fucking clue, and it's just funny to keep reminding him that markets are irrational, he's an idiot, and even a broken clock is right twice per day.

This thread stresses me out

Okay let's continue pretending that it's possible you are this much of an idiot, because I find it hilarious.

You buy a bitcoin for $100, which AFAIR last occurred around mid 2013.

Late 2013: You don't sell at $1k, or even half that in 2014 after MtGox collapsed, and buy back in at a lower price, you just hold all the way down to $200

2017: You don't sell at $5k, $10k or $15k and buy more at a lower price, you just continue holding again, all the way back down to $3k

2019: You don't sell when given another chance at $10k and buy back at a lower price, you still just mindlessly hold, continuing to make zilch on your 'investment'

2021: You don't sell at $60k, another ATH, even when you have two golden opportunities to do so, with another massive warning crash down to $30k in between.

You just carry on not learning a lesson Dummy McDumbface, the dumbest chimpanzee in Dumbville Zoo would understand in five seconds, and hold all the way back down to $35k again

So instead of turning your 1 BTC into multiple BTC, you bought 1 BTC in 2013 and you have the same 1 BTC nearly a decade later.

And for some reason you want to advertise the fact that you think that's "smart investing".

You spent 100 USD and have made 0 USD on it since.

That's a 100 USD 'loss' for eight years straight on an asset that is, in USD terms, 350x what it was when you bought it.

Even if you sold your 1 BTC at the ATH last year though, the perfect outcome of your "smart investment" strategy of doing nothing while your asset repeatedly rises and falls, you made about $60k in eight years.

That's $7.5k per year.

There are 14 year olds on TikTok who make more than that in weeks, with what you call poopycoins.

As stated above, simply buying Dogecoin instead of bitcoin when this thread was started would have netted far more.

Buy something and never ever, ever, ever, ever, ever sell it, ever: "smart investing".

This basically sums up every false investor on internet ever. There's 0 possibilities anyone that's investing in anything that missed on this and "holded" throughout all this time unless well, they forgot about their btc and found out about it just now. 0 possibilities. Anyone pretending they did it intentionally are lying.

Meet jscott. :winkwink:

From what I've seen, the more fanatical someone is about bitcoin or crypto, the more recently they got into it, probably because the price means they're far more heavily invested/leveraged up to their eyeballs.

If $60k isn't enough to make someone bail, they simply must have paid through the nose for whatever Satoshis they have; certainly didn't get them a decade ago. Probably not even before 2017.

I only wish I could own any Bitcoin, but sadly I don't. I only support its technology, economics & overall fairness of distribution, mining, etc.

And to those who think nobody could hold from long ago til now, it takes knowledge of the asset to do so, its very difficult, 99.9% of GFY'ers are not capable.

Mahadeva
A fake nick so he can attack and not be held accountable. Of course, the admins on this board know, but that's okay, they let anything slide here. You don't have any coin, so you don't count for anything and have no say relevant to Bitcoin except whatever crybaby rant you can dream up. When BTC resumes climbing, you will shut up and fade away because you have nothing.
Beating my chest like I had a fucking clue, and I'm an idiot? You still don't get it. Watch the price of BTC climb back up now in the coming months. You come back to this thread with your butt-buddy ZTT and be sure to tell everyone when to sell their BTC at the top before it dips again. I'd like to know myself the next peak of BTC.


ZTT
A fucking idiot that makes up his crap with hindsight. You think everybody would be like you and sell for profit at first chance, regardless of the fact that day traders die-off real quick. Guys like you always know when to sell and when to buy, except you really don't, because you don't have two nickels to rub together. Capital gains taxes can eat up a lot of profits from day trading, but you would have to know what capital gains taxes actually are, but you don't because you're just a poser.

If you had bought Doge, you would have lost your money genius, nobody held it when it died, not even the guy that invented it. The only reason anybody made money was because of the one time Elon Musk pump and dump. You sad fuck, once again, you are rich from hindsight. But you don't actually have any coin at all so you are another butt-hurt blowhard.

You think holding for years is stupid, but you have nothing. I've been buying and holding BTC since 2014. I choose not to day trade to protect my investment. I choose to hold my coin for the future. But, you have nothing but bullshit advice that's been proven to lose money and incur huge tax liabilities.

So listen up, Dummy McDumbface, my holding and not selling for all these years means I still have my maximum investment in BTC. I have the lowest possible capital gains taxes possible on my investment and, whether BTC hit's 100K this year or the next, it will hit that figure and continue going up. But you and the other fuckleberries here, will still not have a dime between you. If I bought a Bitcoin in 2014 for $100 and it is worth $36,000 today, I'd say that's about as good as it gets by anyone's metric for ROI. I'm guessing the return on your investment is $0. That's not a record that I would use to support your credibility in this thread.


Ladida
Welcome to Club Stupid. Anyone pretending they held coin intentionally all this time are lying? Not only are you an idiot, but you presume to know what you are talking about. You don't. You're just another broke-ass moron slinging shit around like you know something important. You don't. The best investment advice I have for you is to keep buying those lottery tickets, you'll cash in big-time one of these days!

So keep on crying losers. If you think I could care less about your useless opinions, you are right about that. I did not hold a gun to anyone's head here at GFY, but anyone that actually followed my advice has money and lots of it. People like you that have nothing, you can piss and moan all you want, but you have no dog in this fight, so your opinions have no validity and are not worth a fuck.

I hope every time you see Bitcoin going up a thousand dollars at a time, you can taste the piss in the soup you'll be eating for the rest of your life. I didn't call attention to BTC so I could brag, but to give a leg up to people that may have been interested in BTC at GFY back in 2014 and 2015. Some listened, some didn't.

But I'm done with that shit here on GFY. They say no good deed goes unpunished.:321GFY

37

Holy shit I think this guy actually believes this reality he dreamed up. That's true psychosis. It's a fascinating look into someone unhinged from reality who has created all these strawmen and then gets off on burning them as a "win". You don't often get a front row seat to pathology like this.

It's got to be from being bullied growing up (or still?) and perhaps shame of missing opportunities and then desperately trying to pretend to internet strangers that he seized them. He really does seem to believe that there's some silent segment of people who he "helped" realize BTC was valuable. Like some weird GFY Jesus, I guess.

"No good deed goes unpunished" is the defacto new "make myself feel better about being a loser" GFY self-congratulation. Just look at who is using that phrase lately and it's pretty telling.

I know how a gfy asshat looks like, that's enough. Never said i could predict btc movements, never tried to "give advice". I just like laughing at asshats on gfy.

First Chernobyl, then Fukushima and now this:

This whole thread, like 99% of crypto threads, in fact 99% of crypto talk everywhere, is just people posting Nostradamus-level crap with hindsight.

Of course I'm sure you would have also bumped this thread if bitcoin had collapsed to zero by now, like you didn't when it collapsed to $200 after your first "go for it".

:error

It was better than $36k for most of the past year, simpleton. And while it's great that you heard the term "capital gains tax" five minutes ago and now want to use it in every sentence, even a 14 year old TikTok poopycoin billionaire knows it it's not relevant if all you do is hold.

So if by "lowest possible capital gains tax" you mean zero, because you haven't actually realized any gains, then LOL, welcome to the fucking point again.

https://i.imgur.com/lKMB8UA.jpg

So what's the point of all of this? You all must be so proud that you did not invest in Bitcoin because why again? None of you own any crypto at all, so you are smarter than everyone else that does own it? The ones that are realizing enormous returns on their investments are stupid, while you geniuses, that have nothing, are bragging how you dodged a bullet and now remain broke? Every single one of you fools seems to be happy with how intelligent you think you are. Just look at what you've written in this thread. You have managed to show everyone on GFY that you only know how to lie, bully, and pontificate on a subject you clearly know nothing about. And you continue to prove that over and over. You guys are clearly all that you are ever going to be right now. Less than zero. I'll be back to bump this thread when BTC breaks $100,000.00. Stupid fucks.

That one guy thinks he's a genius because he can make every call perfectly, in the past! LOL. I can't believe the level of hindsight narcissism running through his veins.

Investing in crypto and laughing at people who are delusional are not mutually exclusive activities, despite the narrative you want to build.

Like a moron, you called BTC to $100k at the end of 2021. Now you want to come "bump this thread" when it hits $100k, falsely implying that the people laughing at you don't think it will. You're so desperate to escape being called out on your fantasy life that you have to try to change other people's arguments into different ones.

In simple language: we're laughing at you, not because we think crypto or BTC is a bad investment or some kind of joke, but rather because you want to pretend you're swimming in cash, have somehow led other people there like some meth-addled Moses, and think that pointing to BTC as a rising asset during a time of meteoric gains is somehow anything different than being Nostrodumbass.

Cool, you own crypto like many people here. Stop trying to be the main character. That's just nonsense in your head. If thinking everyone here is broke and your $10k in crypto makes you a genius gets you through your days, that's fine. But keep it to yourself if you don't want to have people laughing at you. Especially with your incredibly thin skin.

Dude, this is painful. A two year old could understand the post was highlighting, literally in bold for you, the probability of someone choosing to not sell a single satoshi during all that time is, like your self awareness, zero.

You've got to understand, those of us been around for long time have seen you same dumbasses come around every cycle. Before we had old Thommyboy bashing Bitcoin yelling that "it's over" (at $3000), and before that we had other guys screaming bitcoin is dead when it dropped to $100 , and before that we had others.

You are the same as them.

Every cycle Bitcoin pumps, it crashes, it ends up higher than previous, rinse and repeat.

Buy and HODL has always been a winning recipe.

Quit being lazy. Learn economics, something as simple as finite supply (BTC) against a infinite supply (USD) of a forever growing, developing asset.

∞/21,000,000

:1orglaugh

You fell for it. You fell for the topic being changed from "WOW, look at this dumbass trying to take credit for what everyone knew" to "people making fun of him didn't buy crypto."

It was never us vs. you. We're likely all crypto investors. It was only ever about pointing out a poor unstable mental condition.

Personally, I'm a "buy the dip and HODL" guy.

Oh no. That's horrible. Did you call the police? I don't know what I'd do if someone dissed the USD.

Every time bitcoin pumps by a few thousand (the equivalent of a few dollars for the amount most people have) the front page is saturated in crypto threads bumped by people acting like they're in the three comma club, but someone says anything mildly critical and thin skinned cultists like you have a shitfit about the pyramid collapsing and start issuing Fatwas.

Do you even have a price that you'll eventually sell at? Or did a Matrix jpeg blow your mind one day? LOL

Holy crap. That's seriously it, isn't it? This 24 carat cringe is your bible.

I'm 95% sure I've already patiently explained, or maybe realized it would be totally wasted on you, that there are thousands of altcoins that have a finite supply, some fewer than 21m, that aren't worth jack against the USD.