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-   -   Goodbye Fuckers!! I cashed out my BTC @ 15.000 (https://gfy.com/showthread.php?t=1287951)

Ferus 12-16-2017 01:50 AM
Regarding cashing out to soon... well, that is your point of view :)

What is "enough" for you? I dident need more to start my new future - so why wait a few years freezing my ass off in denmark? Why risk it crashing? no fucking way. And I'll tell you, as soon as we agreed on selling, It was a huge rush - cant descripe it - maybe the feeling right before you penetrate a pussy for the first time. There was no turning back.


P.S. My farm estate is for sale in Nordsjælland(denmark). Anyone looking for a place ready for horses and 4x4 offroad, contact Danbolig.dk Asking price $780.000 (valued over 800.000) + you get my Landcruiser and Mercedes for free

pimpmaster9000 12-16-2017 01:59 AM
:1orglaugh:1orglaugh:1orglaugh:1orglaugh


https://img-9gag-fun.9cache.com/photo/aQeLNjK_460s.jpg

CurrentlySober 12-16-2017 03:45 AM
Jolly Dollop! Enjoy and well done :)

mineistaken 12-16-2017 04:18 AM
Quote:
Originally Posted by Ferus (Post 22119465)

P.S. My farm estate is for sale in Nordsjælland(denmark). Anyone looking for a place ready for horses and 4x4 offroad, contact Danbolig.dk Asking price $780.000 (valued over 800.000) + you get my Landcruiser and Mercedes for free
Sounds like you did not need resources to move to Italy.

Tasty1 12-16-2017 06:20 AM
18.000 now

Bladewire 12-16-2017 08:11 AM
Someone please bump this thread when BTC is $150,000 :smokin

CaptainHowdy 12-16-2017 08:14 AM
Quote:
Originally Posted by Bladewire (Post 22119765)
Someone please bump this thread when BTC is $150,000 :smokin
Regrets are useless ...

Ferus 12-16-2017 08:57 AM
Quote:
Originally Posted by Bladewire (Post 22119765)
Someone please bump this thread when BTC is $150,000 :smokin
Be my guest - I have enough $ to last me the next 15 years, where my retirement funds are released.

Ferus 12-16-2017 08:59 AM
Quote:
Originally Posted by mineistaken (Post 22119576)
Sounds like you did not need resources to move to Italy.
40% of that is the banks :)

RFremont 12-18-2017 01:15 AM
Quote:
Originally Posted by rowan (Post 22119432)
Selling large amounts (especially on a smaller exchange) is going to result in a lot of slippage, where you have to fill several orders to cover your volume, each one at a lower value. Just because the current price is $15000 doesn't mean you can sell 10000 BTC and net $150m. You might sell 50 at $15000, another 30 at $14990, another 70 at $14780 etc.

If you're not in a hurry, just sell a bit periodically, which will also help smooth over variations in value. This will help even if you're selling off relatively small amounts. If you are in a hurry, try setting a sell price around the buy price (ie you are closing the gap between the buy and sell price) which should execute reasonably promptly.

If you're a baller you may also run into problems with exchange imposed limits. The exchange I use limits fiat withdrawals to $AUD 100,000 per day (about $USD 75k). You can usually raise these limits by providing more detailed verification documents, but it may take some time for them to process your request.

Not sure if the OP ran into this sort of limit, or we're being trolled. :)

Nice one, thanks.

Cyber Fucker 12-18-2017 09:27 AM
Congrats. :pimp

sirkonstantine 12-18-2017 09:39 AM
Quote:
Originally Posted by CyberSEO (Post 22117035)
A year or two later you will regret so much...
This. I've seen it time and time again in the affiliate industry: make big money, think everything is taken care of, regret it a few years later when the individual has to get a job.

Same thing with lottery winners.

If OP has a plan on how to invest the money, he's OK. if he has no plans, then he's in trouble because he's just gonna spend the money (and befriend a few salesmen/false friends along the way).

So, yeah, good luck OP.

2MuchMark 12-18-2017 09:45 AM
Quote:
Originally Posted by Ferus (Post 22117020)
I have been silent for the last few days - Sorry Gary, would have posted more in your retarded topic.

But to make a long story short - I cashed out my BTC @ 15.000 :2 cents:y

Quote:
Originally Posted by Bjorn_Tasty1 (Post 22119636)
18.000 now

$19.100 now...

WOW! Let's think about this. Ferus cashed out on December 14th.

If he owned just 1 coin, it means that had he waited just 4 more days, he would have made an extra $4100. That's $1000 per day, or $125 per hour assuming an 8-hour work day.

Ferus said he was going to buy a Mercedes g350 which costs between $100k and $250k depending on options (Ugly car!). Assuming he was going to buy the basic model of his car with only bitcoin, this means he was holding about 6.66 BTC. Had he kept it until today, he would have earned an extra $26,000 total, or $31,500 per day, or $3437 per hour (8 hour work day).

This.is.fucking.amazing.

money biz 12-18-2017 10:07 AM
Quote:
Originally Posted by RFremont (Post 22119420)
Hope I don't end up regretting asking these questions on this forum. here it goes:

How easy is it to cash out bitcoin and in what amount? Read an article recently that the Winklevoss's are now 'bitcoin billionaires'... okay, so let's say they want to cash out 100mn to USD , is that easily done like gold? Would the funds be wired into their bank account in USD? How many bitcoin exchanges are there and how can they be trusted?


Lastly, what are the pros and cons of bitcoin vs litecoin?


Buy stuff on overstock and sell it its the best way. Used to be a secret but its been blasted all over the news past couple of days.

PR_Glen 12-18-2017 01:32 PM
Quote:
Originally Posted by Ferus (Post 22119465)
Regarding cashing out to soon... well, that is your point of view :)

What is "enough" for you? I dident need more to start my new future - so why wait a few years freezing my ass off in denmark? Why risk it crashing? no fucking way. And I'll tell you, as soon as we agreed on selling, It was a huge rush - cant descripe it - maybe the feeling right before you penetrate a pussy for the first time. There was no turning back.


P.S. My farm estate is for sale in Nordsjælland(denmark). Anyone looking for a place ready for horses and 4x4 offroad, contact Danbolig.dk Asking price $780.000 (valued over 800.000) + you get my Landcruiser and Mercedes for free
if you cashed out way up? how could you ever regret anything? Doesn't matter how high it goes when you decide to sell is your decision and it sounds like you did exactly that.

congrats.

Tasty1 12-18-2017 01:57 PM
I would sell out if it was enough to buy enough real estate to have a comfortable life on passive income. Enough is enough.

Klen 12-18-2017 02:10 PM
Quote:
Originally Posted by Bjorn_Tasty1 (Post 22123032)
I would sell out if it was enough to buy enough real estate to have a comfortable life on passive income. Enough is enough.
I calculated how i would need 600000$ for some sort of retirement, where it would be enough to cover my minimum life expenses for next 50 years.

Speigelau 12-18-2017 02:15 PM
Quote:
Originally Posted by 2MuchMark (Post 22122633)
$19.100 now...

WOW! Let's think about this. Ferus cashed out on December 14th.

If he owned just 1 coin, it means that had he waited just 4 more days, he would have made an extra $4100. That's $1000 per day, or $125 per hour assuming an 8-hour work day.

Ferus said he was going to buy a Mercedes g350 which costs between $100k and $250k depending on options (Ugly car!). Assuming he was going to buy the basic model of his car with only bitcoin, this means he was holding about 6.66 BTC. Had he kept it until today, he would have earned an extra $26,000 total, or $31,500 per day, or $3437 per hour (8 hour work day).

This.is.fucking.amazing.
My guess is he had around 500 bit coin, probably cost him an extra 2 million at this point. However, you can play the "what if" game all day, every day. He hit his target and got out and has enough to do exactly what he wants. The day there is a massive price drop or even crash, everyone will say to those holding a bunch, "see I told you, you should have sold out long ago. "

Klen 12-18-2017 02:58 PM
Quote:
Originally Posted by Speigelau (Post 22123053)
My guess is he had around 500 bit coin, probably cost him an extra 2 million at this point. However, you can play the "what if" game all day, every day. He hit his target and got out and has enough to do exactly what he wants. The day there is a massive price drop or even crash, everyone will say to those holding a bunch, "see I told you, you should have sold out long ago. "
I playing game "howmuch millions so far i lost by not investing into BTC/altcoins" every day :1orglaugh
But i still have same problems which prevented me before to invest serious money -
1. Security of online wallets - owner of online wallet could run away or it could be hacked
2. Security of offline wallets - if you put your key on usb stick and you lost that stick or it get stolen, you lost your entire money. Or if you forget key.
3. Complicated method to get alt coins - if you want to get them by cc/paypal , you need to submit ID and other stuff as well. if you want to invest into other crypto beside bitcoin , you need to first get bitcoin and then trade it to other crypto
4.The whatif question - by tommorow BTC could double, but also could defunct completely. No way to determine that.
Tho, i am working to resolve this problems so i can finaly become a "crypto-millionare" :1orglaugh

CaptainHowdy 12-18-2017 03:04 PM
Haven't you saved a couple of bitcoins just in case??

Google Expert 12-18-2017 03:17 PM
Quote:
Originally Posted by PR_Glen (Post 22123008)
if you cashed out way up? how could you ever regret anything?
- didn't wait a few days to sell at x2 the price
- why do you regret it?

Does it hurt to be this stupid?

mineistaken 12-18-2017 03:20 PM
Quote:
Originally Posted by Speigelau (Post 22123053)
My guess is he had around 500 bit coin, probably cost him an extra 2 million at this point. However, you can play the "what if" game all day, every day. He hit his target and got out and has enough to do exactly what he wants. The day there is a massive price drop or even crash, everyone will say to those holding a bunch, "see I told you, you should have sold out long ago. "
Well said. Nobody can predict future (if they would b certain about it they would mortgage their house, sell their cars and put everything in. If you do so, only then you can come here and be all though "I knew"). So pointless to say - you should have waited or whatever.

Ps: how did you come up with 500 btc number?

ph2001 12-18-2017 03:50 PM
It's better to sell at 15000 now with the money in hands, than hoping to sell maybe one day at 100.000...
In the past some guys have buy tulip for the price of a house.. until the day it was worth nothing.

congratz and well done ! ;-)

Speigelau 12-18-2017 04:12 PM
Quote:
Originally Posted by mineistaken (Post 22123140)

Ps: how did you come up with 500 btc number?
Just a guess based on his current house/cars/money required to move to Italy and start a new business. It was probably somewhere between 200-800 bitcoin.

mineistaken 12-18-2017 04:23 PM
Quote:
Originally Posted by Speigelau (Post 22123233)
Just a guess based on his current house/cars/money required to move to Italy and start a new business. It was probably somewhere between 200-800 bitcoin.
He could have moved with what he had on that house (even 60% of that) with 0 btc on top.
You can buy whatever size house, you can start whatever investment requiring business.
It says absolutely nothing.

Speigelau 12-18-2017 04:33 PM
Quote:
Originally Posted by mineistaken (Post 22123242)
He could have moved with what he had on that house (even 60% of that) with 0 btc on top.
You can buy whatever size house, you can start whatever investment requiring business.
It says absolutely nothing.
I'm sure he could have moved, but he's not packing up and "getting out" for a lateral move and a small business startup. He already does well, so his excitement suggests its easily more than a million. There's other factors such as the difficulty in cashing out, which suggests at least a certain amount was in play.

Tasty1 12-19-2017 01:21 AM
Quote:
Originally Posted by KlenTelaris (Post 22123044)
I calculated how i would need 600000$ for some sort of retirement, where it would be enough to cover my minimum life expenses for next 50 years.
Yes, you could live from that. especially when you live in countries like Thailand.
I know people who did that without working. They got mortgages for that amount and rented it out on the first day. And now it is paid of. And the nice part, you hardly pay any taxes, no income tax.

adamneve 12-19-2017 02:19 AM
Congrats & enjoy Italy!

Sly 12-21-2017 08:47 PM
I just bought some at $13.6k.

Is ferus still an idiot or are you guys wishing you cashed out at $19.8k? ;)

InfoGuy 12-22-2017 12:21 AM
Congrats Ferus for making a wise decision.

Bulls make money. Bears make money. Pigs get slaughtered.

The fools who are HODL bought a round trip ticket. They rode it up and will ride it back down. As the price plummets, it will accelerate due to the illiquidity and panic selling.

DBS.US 12-22-2017 12:45 AM
Quote:
Originally Posted by KlenTelaris (Post 22123044)
I calculated how i would need 600000$ for some sort of retirement, where it would be enough to cover my minimum life expenses for next 50 years.
With taxes and health insurance costs, I think you need a little bit more money then that for 50 years:2 cents:

Tasty1 12-22-2017 03:20 AM
Quote:
Originally Posted by DBS.US (Post 22129236)
With taxes and health insurance costs, I think you need a little bit more money then that for 50 years:2 cents:
Why? You can buy 3 houses, rent them out for 1000 - 2000 euro a month.
That gives you around 4500 USD per month. Not much tax on investments in most countries. You can live in nice cheap country and relax. Here you get around 10% return on investing in houses, that would mean 6000 usd a month.

The health insurances are only that high in the USA. I know nurses that rent out their homes they bought years ago in San Francisco and stopped working cause they can live from it in mexico while renting it out. They make more money renting it out than working and living in SF.

I have for 200 USD an international Health Insurance. A house with swimming pool would cost 800 usd a month.But depends what you want, and your standards. I know many many people that do this and travel the world for years.

NatalieK 12-22-2017 11:56 AM
Quote:
Originally Posted by Sly (Post 22129020)
I just bought some at $13.6k.

Is ferus still an idiot or are you guys wishing you cashed out at $19.8k? ;)
congrats on your buy, I think it will rise in the new year, back up to 20 then onwards to 30k :thumbsup

onwebcam 12-22-2017 12:31 PM
Quote:
Originally Posted by GspotProductions (Post 22129818)
congrats on your buy, I think it will rise in the new year, back up to 20 then onwards to 30k :thumbsup
If that comment is not enough to sell I don't know what is. :1orglaugh

The only talk I see is not "how do I buy more bitcoin" it's "what else should I buy"?

Klen 12-29-2017 12:05 PM
Quote:
Originally Posted by DBS.US (Post 22129236)
With taxes and health insurance costs, I think you need a little bit more money then that for 50 years:2 cents:
Tax would be only one time one, plus there is option to pay zero tax by simply moving to country which does not have capital income tax. When it comes to health, you dont need to pay that either unless you are registered as obligatory health tax payer, and you can use private hospitals for you health needs instead.

RandyRandy 01-16-2018 09:14 AM
Ferus is looking like a genius. Congrats!

HairyChick 01-16-2018 07:00 PM
I'm glad I read this entirely. Have no knowledge of this coin industry. I thought he sold it all for $15k. I wondered how you'd buy a fancy car for so little!

My advice is not to buy a showy car. Insurance is high, upkeep is high plus you're advertising you have money. Buy a daily driver so if it all runs dry, you have cheap transportation available.

Besides, fancy cars usually mean big monthly lease rates, not that the person is doing well. Buy a house that goes up in value and congratulations.

Helix 01-16-2018 07:51 PM
Excellent timing.

CaptainHowdy 02-01-2018 01:13 PM
Quote:
Originally Posted by Helix (Post 22166436)
Excellent timing.
:2 cents: ...

Ferus 03-30-2018 09:57 AM
Quote:
Originally Posted by CyberSEO (Post 22117035)
A year or two later you will regret so much...
Changed your mind? :1orglaugh:1orglaugh:1orglaugh

https://media.giphy.com/media/1PgPvWLfXGkCY/giphy.gif

jscott 03-30-2018 10:00 AM
Quote:
Originally Posted by Ferus (Post 22246199)
Changed your mind? :1orglaugh:1orglaugh:1orglaugh
this thread was December 2017
now is Mar 2018

1-2 years is a longggg time in crypto, we'll probably see $1000 and $100,000 in that time :1orglaugh

2MuchMark 03-30-2018 10:20 AM
Got out some time ago, glad I did, but sucks to see it fall so much so fast. I plan to get back in as soon as I think it's starting to turn around though. It was fun!

AMDWarrior 03-30-2018 11:15 AM
Quote:
Originally Posted by Ferus (Post 22246199)
Changed your mind? :1orglaugh:1orglaugh:1orglaugh

https://media.giphy.com/media/1PgPvWLfXGkCY/giphy.gif


Like it matters with your fake post..

CaptainHowdy 03-30-2018 11:21 AM
Best educational thread of ... your whole life?

Oracle Porn 12-07-2018 04:31 PM
congratulations, you a hero :)

adultchatpay 12-07-2018 05:32 PM
Quote:
Originally Posted by CyberSEO (Post 22117035)
A year or two later you will regret so much...
Fast forward, and you are damn wrong. :pimp:1orglaugh

Smack dat 12-07-2018 05:37 PM
Everyone except Ferus in this thread is a retard.

emmasexytime 12-09-2018 02:20 AM
It's good to read these old threads and see who has no idea what they were talking about with bitcoin.

just a punk 12-09-2018 03:01 AM
Quote:
Originally Posted by adultchatpay (Post 22378600)
Fast forward, and you are damn wrong.
No, I'm not. Just learn to wait :pimp

mce 12-10-2018 06:06 AM
OP is Nostradamus?


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