Economy Bitcoin Doubters, Come Eat Your Crow

Revolver said:
so is this going to allow you to move from boise now?

can you get anything other than a boise dime now that your'e a bitcoin zillionaire?
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Nope. I'm in college for another 2 years here. And I like Boise.
 
Der Eisbär said:
I did not recommend them you dumbass. I simply LISTED them as one place where you can cash out.
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Why would you list a place that you admit everyone hates? And then you denied it to that sketch guy. I am done with you. I will just reiterate my point. I can only say it so many times.

1. Sketch says it is hard to get out. He knows people personally who had problems.
2. You say he is full of shit and recommend places like Coinbase and ignore horror stories
3. I step in.
4. You now admit everyone hates Coinbase and horror stories that you claimed don't exist actually do.
5. You defend Coinbase again
 
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JonesBones said:
Why would you list a place that you admit everyone hates? And then you denied it to that sketch guy. I am done with you. I will just reiterate my point. I can only say it so many times.

1. Sketch says it is hard to get out. He knows people personally who had problems.
2. You say he is full of shit and recommend places like Coinbase and ignore horror stories
3. I step in.
4. You now admit everyone hates Coinbase and horror stories that you claimed don't exist actually do.
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These horror stories you speak of are simply delayed outgoing wire transfers WHICH COINBASE HAS AN ALERT ON THEIR WEBSITE ALERTING EVERYONE TO THAT PROBLEM
 
Der Eisbär said:
Huh weird. I spend a lot of time on crypto sub Reddits and I have yet to find these horror stories you speak of. Any "horror stories" are going to be the result of weak hand idiots that sell at a loss because they panicked when their coins went down and sold off, locking in their losses.
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The pinned post in /r/cryptocurrency was literally the suicide hotline lmfao
 
Der Eisbär said:
These horror stories you speak of are simply delayed outgoing wire transfers WHICH COINBASE HAS AN ALERT ON THEIR WEBSITE ALERTING EVERYONE TO THAT PROBLEM
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I just love the weasel words. Imagine somebody said they were having trouble in the stock market and you say, "You are lying. There are plenty of places that don't give you trouble," and you "list" Enron. You gave Coinbase a recommendation. If somebody says they are having problems with money and you "list" the worst fuckin site for that as proof that these horror stories don't exist. lol.
 
Coinbase is fine lol.

The biggest problem with Coinbase is that if you're moving any real money around then the damn fees are absurd. That and you have to be careful with the price you're buying at. GDAX is better, lower fees, more accurate prices.

Either way, getting money out of Coinbase is pretty easy.

They've had high volume issues that can cause delays, but it's a two-bit app on your phone for buying and selling cryptocurrency, it's not Etrade lol.

Outside of that, Der Fraudsbar is some Crypto shill that thinks he can make up for failing his classes by becoming a Bitcoin billionaire.

As far as I know, he's trading with a couple hundred bucks max, gives awful advice and is currently getting absolutely bottled in the altcoin market.

He also owns little to none of most of what he advocates.

Hence, Der Fraudsbar.
 
JonesBones said:
I just love the weasel words. Imagine somebody said they were having trouble in the stock market and you say, "You are lying. There are plenty of places that don't give you trouble," and you "list" Enron. You gave Coinbase a recommendation. If somebody says they are having problems with money and you "list" the worst fuckin site for that as proof that these horror stories don't exist. lol.
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You compared an exchange to an energy company. Btfo with your own retardation
 
I actually lose money when bitcoin goes down too. I own stocks that the market thinks are linked to bitcoin. I am torn. I want to see you fall on your faces but it will cost me money too. lol. I see it as win-win. Didn't invest too much.
 
Luminaire said:
Coinbase is fine lol.

The biggest problem with Coinbase is that if you're moving any real money around then the damn fees are absurd. That and you have to be careful with the price you're buying at. GDAX is better, lower fees, more accurate prices.

Either way, getting money out of Coinbase is pretty easy.

They've had high volume issues that can cause delays, but it's a two-bit app on your phone for buying and selling cryptocurrency, it's not Etrade lol.

Outside of that, Der Fraudsbar is some Crypto shill that thinks he can make up for failing his classes by becoming a Bitcoin billionaire.

As far as I know, he's trading with a couple hundred bucks max, gives awful advice and is currently getting absolutely bottled in the altcoin market.

He also owns little to none of most of what he advocates.

Hence, Der Fraudsbar.
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I strongly disagree with Coinbase being easy to get out of but this guy is a shill or just plain really gullible. He makes crypto look bad.
 
JonesBones said:
I actually lose money when bitcoin goes down too. I own stocks that the market thinks are linked to bitcoin. I am torn. I want to see you fall on your faces but it will cost me money too. lol. I see it as win-win. Didn't invest too much.
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This should be a case study in not investing anything you can't eat wholesale. I threw a couple grand down and came out in the black. I was also prepared to never see that money again. Nature of the beast.
 
Falsedawn said:
This should be a case study in not investing anything you can't eat wholesale. I threw a couple grand down and came out in the black. I was also prepared to never see that money again. Nature of the beast.
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Well it was gambling money. Many investors like Cuban and Tony Robbins recommend using 10% of your portfolio on YOLO shit. lol. To get that fix. We need that fix. I am more responsible in other investments.
 
Palis said:
Lol... i got to you with my cryptocurrency evisceration a few weeks back.

Also... one bitcoin = rich? What? Where's the joke? Punchline? Slob on my knob weakling.
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Reported for sexual harassment.
 
JonesBones said:
I strongly disagree with Coinbase being easy to get out of but this guy is a shill or just plain really gullible. He makes crypto look bad.
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So far my experience has been, press button to sell or withdraw funds... select bank account as destination. 2 days later, hello money.

Etrade actually takes longer to settle accounts than that.
 
Falsedawn said:
The pinned post in /r/cryptocurrency was literally the suicide hotline lmfao
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I literally don't see what you're talking about. I just went there to check your claim. The crypto Reddit is currently full of posts witch hunting bitconnect and it's supporters. It was a literal ponzi scheme shilled by a number of fake crypto youtubers.
 
Luminaire said:
Well... I suppose, that run was clearly unsustainable in the short term, nothing can keep accelerating like that.

However, if he's invested in Bit and Ether, those are more the "blue chips" of the crypto world, I probably (actually definitely) would have sold off some a month ago when it went skyward just to make sure I took some profits.
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Comparing them to blue chips is rather comical. Blue chips are stable and remain profitable even in bearish markets.

I posted this in the mayberry thread, but there was a lot of manipulation that brought bitcoin up to $1000 not too long ago.

https://techcrunch.com/2018/01/15/r...person-likely-drove-bitcoin-from-150-to-1000/

To its proponents, the cryptocurrency Bitcoin offers the potential to disrupt payment systems and traditional currencies. It has also been subject to security breaches and wild price fluctuations. This paper identifies and analyzes the impact of suspicious trading activity on the Mt. Gox Bitcoin currency exchange, in which approximately 600,000 bitcoins (BTC) valued at $188 million were fraudulently acquired. During both periods, the USD-BTC exchange rate rose by an average of four percent on days when suspicious trades took place, compared to a slight decline on days without suspicious activity. Based on rigorous analysis with extensive robustness checks, the paper demonstrates that the suspicious trading activity likely caused the unprecedented spike in the USD-BTC exchange rate in late 2013, when the rate jumped from around $150 to more than $1,000 in two months.
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https://www.sciencedirect.com/science/article/pii/S0304393217301666
 
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