I am going broke because bitcoin crashed... (moving back to my mom's house)

Geek Nasty

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I remember that big ass bitcoin thread. nikkas was :Umad2pac: at nikkas who ain’t buy any.

Look at y’all now :Umadcam:

Yep, if I gave a fukk about all those clowns I'd go back and put them all on blast. Dudes were talking about leveraging their houses for BT That's the rule man, by the time the media is reporting on a "can't lose" financial deal, the only people jumping in are the suckers who are going to get took.

EDIT: watching this video this dude thinking he's some kind of financial genius when he invests like a fish. Deserves to get took :camby:
 

Liquid

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Okay nah any coins I can mine with minimal hardware :patrice:
Nothing worthwhile. It might be best to just buy slowly. Ideally if you know anyone in the game that will offer to sell you some without killing you in fees.

It really depends on how much you want to put in.
 
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badboys11

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ople to accept btc especially as a small online shop. People will buy your shyt just because they see you're on the wave[/QUOTE]
thats a good point with small businesses.
 

badboys11

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Yeah it's a growing market. Too many people just think new money can be plugged in and placed everywhere immediately...it requires a total infrastructure overhaul, before something like that can be accomplished...on both ends. Bitcoin is better for big transactions at once, but small purchases with lots of volume are a problem...thats what's being fixed now. Then when that happens you'll see a lot more trust between mainstream businesses to use it as a service.

I always tell people to accept btc especially as a small online shop. People will buy your shyt just because they see you're on the wave
but ialso run a small business never once beeen asked to accept bitcoin. paypal venmo yes, never bitcoin
 
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Liquid

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but ialso run a small business never once beeen asked to accept bitcoin. paypal venmo yes, never bitcoin
Probably not going to get many ask in person just yet. Especially once you consider transaction fees have been so high recently.

Online you definitely should consider it as more and more are looking into this space.
 

itsyoung!!

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:jbhmm: Your joking right?!? You shytting on bitcoin (altcoins) but not realizing that it does gain in value.... I've invested a little of my money in it and have made a few gains it's not all bad...

I like it compared to traditional investing because we just got in on the ground floor, you can invest what you want, and just wait for the returns... :manny:

youve invested like $100 :mjlol:
 

Xyrax

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People still falling for this eh?

The video was posted on December 22nd... The market kept rising until January 11th or somewhere in there.

Second, "living" off of bitcoin is not something one does. Its an investment. You can cash it out if you have a lot and live off the earnings, but it doesn't provide you a monthly check or any shyt like that. So how can a market correction cause this dude to lose his place? Thats like cashing out stock monthly to pay bills. No fukking body does that.

Y'all getting finessed for views. These same dudes will realize there's an opposing fanbase on the other side and claim to be making millions in crypto in the next bull run. They are lying and exploiting your biases for that YT check.
 

FSP

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but ialso run a small business never once beeen asked to accept bitcoin. paypal venmo yes, never bitcoin
Set up your payment structure to accept bitcoin and then advertise it to bitcoiners. People are literally dying for things to spend it on..its a psychological thing. When they spend bitcoin for actual goods in return, it reinforces their beliefs that the system is working and is being adopted. A lot of these guys think differently than most people. They're not satisfied riding waves..they want to be a part of the wave
 

InkosiYe

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Had a homie turn $130K in $3 million in less than a year investing in crypto. But he spent hundreds of hours researching while at work and knew what he was doing. The sad part is he is now a millionaire but still can't figure out how to get women. He gave me a lot of knowledge on the crypto market. If you are investing in crypto you better know what you are doing or know someone that knows what they are doing giving you advice. Don't be taking advice from random mutha fukkers, because 95% of people have no clue what they are talking about when it comes to crypto.

I'm guessing he started investing in early 2017. Crazy thing is pretty much anybody could put 130k into the market in early 2017 and you'd at least be a millionaire right now. To be exact, if you woulda just put $100 into each of the top 10 coins in January 2017, so $1000 total, you woulda made $64k by December ($100 Invested In Ripple Would Have Made You $35K, What About The Rest?)

So a 130K investment in the top 10 coins woulda net your boy $8 million if he did the same. You basically couldn't lose last year as long as you stuck with the big names :wow:
 
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