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Where is the best place to buy BTC? I don't have a wallet or anything setup, but I've been trying to edumacate misself and would like to start investing. I thing BTC is going to go way up.
-Major General Smedley Butler, USMC,There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
Two-Time Congressional Medal of Honor Winner
Author of, War is a Racket!
- Diogenes of SinopeIt is not that I am mad, it is only that my head is different from yours.
"He's talkin' to his gut like it's a person!!" -me
"dumpster diving isn't professional." - angelatc
"You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
"When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q
"Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul
"Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."
-Major General Smedley Butler, USMC,There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
Two-Time Congressional Medal of Honor Winner
Author of, War is a Racket!
- Diogenes of SinopeIt is not that I am mad, it is only that my head is different from yours.
What are peoples thoughts on Litecoin? Ethereum?
-Major General Smedley Butler, USMC,There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
Two-Time Congressional Medal of Honor Winner
Author of, War is a Racket!
- Diogenes of SinopeIt is not that I am mad, it is only that my head is different from yours.
BTC $6623 !
-Major General Smedley Butler, USMC,There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
Two-Time Congressional Medal of Honor Winner
Author of, War is a Racket!
- Diogenes of SinopeIt is not that I am mad, it is only that my head is different from yours.
I figured my question was pretty straight forward. Is anyone cashing out their bitcoins back into FRN without hassle from exchanges or banks? Say, like selling 2 bitcoins for $6500 each ($13k total) and depositing that back into a bank account for use?
More wondering if the exchanges and banks are cooperating with reverting bitcoin profits back into FRN through the banking system. I mean, sure it'll be great when/if bitcoin is $25k or whatever but does it matter, if the exchange won't cash them back out or a bank won't accept the wire.
Fwiw, I read something about the Feds charging some guy with unlicensed money services for messing with localbitcoins.com. Could just be a fear tactic but I wish you guys luck with the bitcoin stuff. Coinbase has a federal prosecutor on the Board of Directors now. I see A LOT of red flags these days.
Last edited by devil21; 11-01-2017 at 04:39 PM.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
"He's talkin' to his gut like it's a person!!" -me
"dumpster diving isn't professional." - angelatc
"You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
"When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q
"Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul
"Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."
let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!! Spartacus, War of the Damned
BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq
I sold some like a dumbass earlier this year, if I held would be worth like $100K+ more than I am now. Sold on coinbase, transferred to my bank. No one has said a word bank or "gdax" (coinbases exchange side). I still have bitcoins, I didn't sell it all.
It seems some banks have a problem with it, others don't. My bank is small, and if they have a problem with it, I'll just move to a different bank the next day.
It's legal to buy and sell bitcoins. I don't do drugs, or hire hitmen. I'm a model citizen as far as law abiding goes, despite my views that government is 95% not needed.
Having said all that, I sold enough to cover all my "real" world fiat costs associated with bitcoin and cryptocurrency in general since 2013 when I started. Only in bitcoin land does one feel ashamed selling for multiple 100's of percent gains. lol.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
I actually pay my capital gains tax on bitcoin, I'm not hiding. One could if so inclined, jump some hoops and remain anon. But I just don't want to deal with it. 15% capital gains, hurt writing tax checks worth more than I spend on myself for a full year. But I can prove to any goobermint agent paid my slave tax to support welfare mommas and military men.
welcome to anyone on the BTC train. CME news is huge!! It is like an official stamp of trustworthyness by the very players Bitcoin are disrupting.
The best strategy is to never sell and buy dips. Buy Buy more and spend your bitcoins directly. I am hodling my 2013 bitcoins and spending my BCH for small purchases.
I KNOW BTC will be 50k in a few years. Read my history on this forum in 2013. I asked everyone to buy Bitcoin.
Come back on this post in 3 years.
I am 95% in Bitcoin. Some BTS (Bitshares), 4% Monero. Simply because it is the best private coin but privacy has a big cost.
I don't believe in other alts. Try synching ethereum blockchain before buying... Sync the bitcoin blockchain and you will understand.
By holding Bitcoin you hold all the free coins you get from forks.. Avoid coinbase. You don't control the private keys.
so if I had .8 of a coin when it split for bth did i get .8 for free? where is it, how do i control it?
we are on coinbase, should i get a new wallet and move it there? how do i do that?
...i have a friend that wants to know...
FLIP THOSE FLAGS, THE NATION IS IN DISTRESS!
why I should worship the state (who apparently is the only party that can possess guns without question).
The state's only purpose is to kill and control. Why do you worship it? - Sola_Fide
Baptiste said.
At which point will Americans realize that creating an unaccountable institution that is able to pass its liability on to tax-payers is immoral and attracts sociopaths?
let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!! Spartacus, War of the Damned
BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq
At some point, if your goal truly is to hold forever, you have to stop denoting bitcoins in a dollar value and let the bitcoin number stand on its own as a measure of currency/wealth. If a bitcoin truly has a market value of $50k then the dollar is complete trash, same as if an ounce of gold is openly $50k. It then wouldn't be a measure against dollars, it would be a measure of bitcoins.
Last edited by devil21; 11-02-2017 at 01:00 AM.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
$6962
Last edited by anaconda; 11-02-2017 at 01:06 AM.
$7008
Last edited by anaconda; 11-02-2017 at 04:16 AM.
In a USD currency crisis things won't be measurable in USD. People may compare to gold, silver, Exxon stock, or some generally accepted basket of goods. USD won't be accepted as a medium of exchange. The currency crisis is not here yet, so BTC is not gaining because the dollar is trash. This may come later (will come, according to Peter Schiff and Ron Paul). BTC is (obviously) currently gaining at a much greater rate than the inflation of the USD.
Last edited by anaconda; 11-02-2017 at 05:00 AM.
$7303
Last edited by anaconda; 11-02-2017 at 05:14 AM.
"He's talkin' to his gut like it's a person!!" -me
"dumpster diving isn't professional." - angelatc
"You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
"When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q
"Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul
"Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."
And there's the dip folks. Dropped over $600 in 30 minutes
-Major General Smedley Butler, USMC,There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
Two-Time Congressional Medal of Honor Winner
Author of, War is a Racket!
- Diogenes of SinopeIt is not that I am mad, it is only that my head is different from yours.
it is an on going process. it does not happen overnight.
I value alt coins in Bitcoin as I feel it is a better measurement to gauge if an altcoin is performing relative to the crypto reserve currency.
XRPs are around 2700 satoshis. XMR (Monero) is around 12 mBTC. I bought some Monero at 31 mBTC, 20 mBTC and 16 mBTC. so my monero investement is not performing.
Doge is 17 satoshis.
You can't use BTC for real life objects just yet. Give it time. Price discovery is still on going.
sorry folks but I sold all my gold or silver... I am all in crypto currencies. I wouldn't want to touch physical stuff. When i look in the rear mirror.. iam like wtf.. a metal bar you can't divide into millions of tiny pieces.. just not convenient unless armageddon.. but i bet that we won't have armageddon.
I don't know a single millenial who wants to buy gold. And i know a gold bug who went all in Crypto as well.. so my bet is going to pay off.
Last edited by Mordan; 11-02-2017 at 02:05 PM.
$7100
"He's talkin' to his gut like it's a person!!" -me
"dumpster diving isn't professional." - angelatc
"You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
"When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q
"Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul
"Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."
let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!! Spartacus, War of the Damned
BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq
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