Author Topic: Cryptocurrency  (Read 8214 times)

NelsonMuntz

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NelsonMuntz

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Re: Cryptocurrency
« Reply #26 on: May 27, 2017, 11:48:06 AM »
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FitnessFrenzy

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Re: Cryptocurrency
« Reply #27 on: May 27, 2017, 11:53:21 AM »
haha shizzo is online but he can't post!  :D

HTexan

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Re: Cryptocurrency
« Reply #28 on: May 27, 2017, 07:05:43 PM »
competitors there are vincecoins johnnycoins ect 

interesting way to cheat taxes is what it is
 

Explain how that would work? Salary still is reported. 
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LurkerNoMore

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Re: Cryptocurrency
« Reply #29 on: May 28, 2017, 04:51:07 PM »
There is another one out there... can't remember the name, but under $10 right now.

HTexan

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Re: Cryptocurrency
« Reply #30 on: May 30, 2017, 08:06:54 PM »
There is another one out there... can't remember the name, but under $10 right now.
Litecoin?
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Tha Grim Lifter

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Re: Cryptocurrency
« Reply #31 on: May 30, 2017, 08:56:36 PM »
Vince's new company should be called 'Morethanabitcoin'

ProudVirgin69

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Re: Cryptocurrency
« Reply #32 on: May 30, 2017, 09:07:04 PM »
Good for buying drugs & gambling online ... otherwise, too risky for large scale investment.

If you got in early & cashed out, kudos - I'm envious.  Buying in now though seems ill-advised.  Heard it's difficult to liquidate these coins .. maybe not though, I'm no expert

HTexan

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Re: Cryptocurrency
« Reply #33 on: May 31, 2017, 05:18:41 PM »
Good for buying drugs & gambling online ... otherwise, too risky for large scale investment.

If you got in early & cashed out, kudos - I'm envious.  Buying in now though seems ill-advised.  Heard it's difficult to liquidate these coins .. maybe not though, I'm no expert
Easy to sell, you can go through a bitcoin ATM if you don't mind the fees.
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Irongrip400

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Re: Cryptocurrency
« Reply #34 on: May 31, 2017, 05:55:48 PM »
The main benefit of the physical green rectangles is that government cannot trace them/you.

Digital transactions leave a trail.  Also, anything digital can be erased/wiped out with a few key strokes.

Exactly. Cash is king. Find out who takes cash, like your travel agent etc, and pay them in cash. Groceries, dinners, all cash.

HTexan

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Re: Cryptocurrency
« Reply #35 on: May 31, 2017, 09:05:22 PM »
Exactly. Cash is king. Find out who takes cash, like your travel agent etc, and pay them in cash. Groceries, dinners, all cash.
Were are you getting cash from? Most of the places are traceable. Hell there are government agencies just for tracking money.
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LurkerNoMore

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Re: Cryptocurrency
« Reply #36 on: June 02, 2017, 02:16:55 PM »
Exactly. Cash is king. Find out who takes cash, like your travel agent etc, and pay them in cash. Groceries, dinners, all cash.

Umm.... dude, you really haven't thought this out have you?  Not surprisingly, most would be money launders never do. 

First rule of untraceable purchases with undeclared cash is you NEVER spend it on anything that has your name on it.  Travel agent?  Really dude?  What kind of vacation he going to book for you?  A canoe trip in the nearest creek?  Otherwise you got an airline and hotel room in your name.

Contrary to what people think, it is really HARD to go through cash you haven't declared and is considered "hidden".

Mr Anabolic

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Re: Cryptocurrency
« Reply #37 on: June 02, 2017, 06:24:17 PM »
Exactly. Cash is king. Find out who takes cash, like your travel agent etc, and pay them in cash. Groceries, dinners, all cash.

Assets they cannot put your name on.  I like fractional precious metals myself.  All cash, no transaction receipt.  Once it's in your possession, there is no tracing or counterparty risk whatsoever.  Key word here is "fractional".

LurkerNoMore

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Re: Cryptocurrency
« Reply #38 on: June 03, 2017, 02:23:00 PM »
where does one go to monitor the value and peaks/dips of cryptocurrency now?

HTexan

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Re: Cryptocurrency
« Reply #39 on: June 07, 2017, 12:14:54 PM »
where does one go to monitor the value and peaks/dips of cryptocurrency now?
https://www.coinbase.com/charts

but don't buy from them, their customer support sucks, if they ever respond.
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OLKE_TEXAS

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Re: Cryptocurrency
« Reply #40 on: June 07, 2017, 02:11:07 PM »
Umm.... dude, you really haven't thought this out have you?  Not surprisingly, most would be money launders never do.  

First rule of untraceable purchases with undeclared cash is you NEVER spend it on anything that has your name on it.  Travel agent?  Really dude?  What kind of vacation he going to book for you?  A canoe trip in the nearest creek?  Otherwise you got an airline and hotel room in your name.

Contrary to what people think, it is really HARD to go through cash you haven't declared and is considered "hidden".

Lol I will wait on what Venom Vince has to say on this before taking this serious.
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dave19

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Re: Cryptocurrency
« Reply #41 on: June 09, 2017, 11:10:42 AM »
I bought my first BTC when they were still under 2 USD.

Was the first legal commercial BTC trader in Germany - unfortunately I lost my "license" after about 9 months.

Had up to 80.000 BTC at times... made a decent amount of money and all in all I'm happy with how everything went although sometimes I still get mad and wish I would have kept them a little longer and be set for life now..

Mr Anabolic

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Re: Cryptocurrency
« Reply #42 on: June 10, 2017, 08:34:03 AM »
I bought my first BTC when they were still under 2 USD.

Was the first legal commercial BTC trader in Germany - unfortunately I lost my "license" after about 9 months.

Had up to 80.000 BTC at times... made a decent amount of money and all in all I'm happy with how everything went although sometimes I still get mad and wish I would have kept them a little longer and be set for life now..

People who invested in Beanie Babies thought the same exact things.  Much money was made at the peak and many lives were ruined when they crashed.  BTC will do the same thing.  It is nothing more than a Ponzi mania bubble precipitated and exacerbated by Asian gamblers and black money.  

Euphoric bitcoin "investors" need to read:  "Extraordinary Popular Delusions and The Madness of Crowds".  It puts everything into perspective.

Bill2233

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Re: Cryptocurrency
« Reply #43 on: October 10, 2019, 03:59:07 AM »
I bought my first BTC when they were still under 2 USD.

Was the first legal commercial BTC trader in Germany - unfortunately I lost my "license" after about 9 months.

Had up to 80.000 BTC at times... made a decent amount of money and all in all I'm happy with how everything went although sometimes I still get mad and wish I would have kept them a little longer and be set for life now..
Great job! I'm sure, today you are very glad that you invested in Bitcoin when its price was so low. Personally I was too suspicious and didn't do that. Of course, I regretted. I started using Bitcoin only two years ago, and still I can see that it is profitable as the price has been increasing. I've recently checked forecasts and cryptocurrency news sites and found out that it might reach more than $20k soon. So, I'm crossing my fingers  ;)