Bitcoins - about to hit $5,000 per coin today!

[El Diablo Blanco]

waiting for people to comment on the fact that one of the company's principles was involved in a past hollywood pedo ring and former business/stock scams.

some of you guys who have invested in this may make money but most will be bitching/relieved when this shit fucks people over eventually

Did you know that a majority of $100 bills have a slight trace of cocaine on them.  That the majority of hundreds have passed through the hands of drug kingpins.  The US dollar is dirtier than bitcoin ever will be.

[gib]

Bitcoins will probably hit $6000 by the end of this week.

Anyone who invested when this thread was first started would already be well in the money.

[El Diablo Blanco]

Bitcoins will probably hit $6000 by the end of this week.

Anyone who invested when this thread was first started would already be well in the money.

Can just as likely hit $4000 as well.  Some want to call it a scam, others call it the real deal but regardless there WAS money to be made.  Not much buying it at $5K though.  Wonder how quickly these exchanges send you money once you decide to cash them in.

[polychronopolous]

"Glorified Money Order. Tulipy" - Warren Buffett

[DooM_]

"Glorified Money Order. Tulipy" - Warren Buffett

so according to the worlds richest man it's not a currency and probably won't be around in ten years . . .

[El Diablo Blanco]

so according to the worlds richest man it's not a currency and probably won't be around in ten years . . .

Yet this fucking snake is buying up bitcoin.  Of course he's shit talking about it now so he can continue buying it cheap.

[Simple Simon]

so according to the worlds richest man it's not a currency and probably won't be around in ten years . . .

Neither will he....

[polychronopolous]

so according to the worlds richest man it's not a currency and probably won't be around in ten years . . .

I don't really know what to think about this whole bitcoin deal but I am a huge Warren Buffett fan.

I love his story. His interviews and reasoning just seem to stick home with me.

His rationale makes sense.

But the man is 87 years old and could very well be behind the times.

I'm sticking my money in broad market index funds for the time being.

The United States has the secret sauce.

[gib]

Buffett and his strategy is as relevant as ever.

Invest like Buffet and you will be fine.

[gib]

Can just as likely hit $4000 as well.  Some want to call it a scam, others call it the real deal but regardless there WAS money to be made.  Not much buying it at $5K though.  Wonder how quickly these exchanges send you money once you decide to cash them in.

You don't need exchanges to sell Bitcoin. All exchanges do is help find buyers.

[El Diablo Blanco]

You don't need exchanges to sell Bitcoin. All exchanges do is help find buyers.

So then how do you get your cash?  honestly, I don't know how.  If you had $1 million in bitcoin. How do you get cash money on hand?

[Eyeball Chambers]

How do I buy?

[El Diablo Blanco]

How do I buy?

More importantly is how do you sell.

[Rearden Metal]

lol u guys are bafoons

get into real estate
 
no one has made shit at bitcoin

how many coins out of 24 million have been created yet, how do u really know

21 million total by the end, and the exact number exists. Miners know it.

Oh, and I've made 45k on my 5k investment, and all I do is short. It's not even hard to do. Basic understanding of economics explains why this is a fantastic investment, even if it's regulated.

People that naysay crypto are either 1. trying to get you to sell to buy low (FUD) or 2. don't understand it/are scared of what they don't know.

[Mr Anabolic]

21 million total by the end, and the exact number exists. Miners know it.

Oh, and I've made 45k on my 5k investment, and all I do is short. It's not even hard to do. Basic understanding of economics explains why this is a fantastic investment, even if it's regulated.

People that naysay crypto are either 1. trying to get you to sell to buy low (FUD) or 2. don't understand it/are scared of what they don't know.

Puerto Rico got hit by a hurricane... all the power was out... Bitcoin was totally useless and valueless. 

That is all you need to know.

[gib]

Puerto Rico got hit by a hurricane... all the power was out... Bitcoin was totally useless and valueless. 

That is all you need to know.

Lol the irony to your post is this. The banks were closed. Yet anyone with a mobile phone was able to access, transfer, and pay in bit coins. Property was stolen, damaged and the economy there maybe beyond repair. Yet anyone with Bitcoin was entirely fine in terms of preserving their wealth and being able to transport it immediately to any location in America or the world where they wish to start a new life. Oh and the icing on the cake is that the value of Bitcoin rose from then until now

[gib]

More importantly is how do you sell.

You can buy from anyone who has bitcoins. Either directly or via an exchange such as coinbase. And selling is the same in reverse.

[SOMEPARTS]

Lol the irony to your post is this. The banks were closed. Yet anyone with a mobile phone was able to access, transfer, and pay in bit coins. Property was stolen, damaged and the economy there maybe beyond repair. Yet anyone with Bitcoin was entirely fine in terms of preserving their wealth and being able to transport it immediately to any location in America or the world where they wish to start a new life. Oh and the icing on the cake is that the value of Bitcoin rose from then until now

90% of the island didn't have cell service. Crypto people cannot accept ANY counterparty risk scenarios when it comes to their unicorn. It's annoying how blinded they are in that respect.

[gib]

90% of the island didn't have cell service. Crypto people cannot accept ANY counterparty risk scenarios when it comes to their unicorn. It's annoying how blinded they are in that respect.

You do realise that the banks were also shut right? And that anyone holding stocks would not be able to trade them, right? And that Gold whilst having value, was either locked away in banks, or limited with regard to how divisible it is right? Pointing to a natural disaster as an argument against the validity of a particular asset type is rather non-sensical.

As for being a unicorn, you do realise that just like bitcoins, the USD, is interely dependent on others accepting it as a payment right? Now let me ask you, long term would you prefer to use a currency that devalues, can be tracked, and heavily taxed (aka stolen) and which if you want to use outside or the US you will need to pay an exchange rate commission (more loss of value), or Bitcoin which has non of these issues?

[El Diablo Blanco]

You can buy from anyone who has bitcoins. Either directly or via an exchange such as coinbase. And selling is the same in reverse.

How?  Is there an app?  Where do you hold your bitcoin?

[gib]

Use an exchange like coinbase to trade. And use a trezor to store coins.

[SF1900]

How?  Is there an app?  Where do you hold your bitcoin?

Vince Goodrum, CSN, MFT, HPP, CEO, holds his bitcoin under his bed.

[HTexan]

How?  Is there an app?  Where do you hold your bitcoin?

Use an exchange like coinbase to trade. And use a trezor to store coins.

Buy on coinbase, hold/do Transactions on phone with breadwallet, and store on keepkey.

[Mr Anabolic]

You do realise that the banks were also shut right? And that anyone holding stocks would not be able to trade them, right? And that Gold whilst having value, was either locked away in banks, or limited with regard to how divisible it is right? Pointing to a natural disaster as an argument against the validity of a particular asset type is rather non-sensical.

As for being a unicorn, you do realise that just like bitcoins, the USD, is interely dependent on others accepting it as a payment right? Now let me ask you, long term would you prefer to use a currency that devalues, can be tracked, and heavily taxed (aka stolen) and which if you want to use outside or the US you will need to pay an exchange rate commission (more loss of value), or Bitcoin which has non of these issues?

Cash, gold and silver are locked away... in my safe.   

[Evo]

Cash, gold and silver are locked away... in my safe.   

Mine too...

It's a nice feeling