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818
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3/31/2015
Location
Perham, MN
US
Fantasy
923rd
Edited Date/Time
11/13/2022 11:32am
Anyone here own bitcoin or other cryptocurrencies?
I wanted to buy a little, but was wondering what wallet you guys use or recommend?
Jeez, i remember hearing about bitcoins back when they were $10-$15/EA... hindsight 20/20 i guess.
What about Ether? Anyone think that has the potential to grow like bitcoin has?
I wanted to buy a little, but was wondering what wallet you guys use or recommend?
Jeez, i remember hearing about bitcoins back when they were $10-$15/EA... hindsight 20/20 i guess.
What about Ether? Anyone think that has the potential to grow like bitcoin has?
The Shop
All the codes have been found now so there is no more, what is out there is all there is. That's why they have become so valuable.
Lotta copy cats but Bitcoin is the Horse of all of them. What helped is that some big end stores got involved and started taking Bitcoin as payment. they know that they will stay very valuable in years to come
I recently decided to buy $100 worth of bitcoin just to get in the game and learn more like someone said above. Seems like a pretty interesting thing going on.
Whatever happened to the billions that "disappeared"
What if say, the US government bans it's use here for businesses because technically they could hide sales, and paying sales tax.. You are fooked.
Pit Row
That’s almost the whole point of it. It’s peer-to-peer and not backed by any entity. It’s like trading and bartering. When you cash out, you trade the BTC for USD, or whatever else you are buying. Just because it has intrinsic value, doesn’t necessarily mean it can be controlled that way. Everyone can stop using Bitcoin tomorrow, then it’s worthless and it’s hard to tax nothing, although the government might try, especially when you don’t know WHO has Bitcoin.
It's like a ponzi scheme for tech nerds. If someone pulls the plug, someone walks away with all the money. And who is that?
Or what if governments make using it illegal? Tax free sales, hidden sales, no sales taxes being paid.
No doubt, it's gambling, like a backroom poker room, but the tables are tilted.
That shit is to much make believe for me, get your money back and every time it doubles pull it out again, that way when it all goes to shit and it will you won't be kicking yourself for being greedy.
I ended up buying ethereum 2 weeks ago for $459...
The biggest problem i see, is that when there is a LOT of traffic on the sites used for buying/selling, the site will crash.
not good if you want to sell when the price is shooting up.. also not good if you want to buy during a crash.
As far as getting your $$ out, we are using www.Coinbase.com
They say 90% of the cybercurrency out here is fake, thats a pretty scary rate.
I know a lot of people making a lot of money doing it. Im not in it for the long haul, dont think i can handle the swings LOL just gonna get in and out and hope to turn what i put in to make enough for a new chair, im not looking to get rich.
My older bro's best friend got in real early and cashed out for a cool 1.3mil. Thats a pretty nice chunk on change.
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