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Topic: When are you going to cash out? - page 5. (Read 11097 times)

evoorhees
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Activity: 1008
Merit: 1023
Democracy is the original 51% attack
Re: When are you going to cash out?
February 07, 2013, 09:02:01 PM
#51
Quote from: Spaceman_Spiff on February 07, 2013, 07:23:34 PM
Wow, can you imagine being the guy who sold this website?  How hard do you hit yourself on the head? (though I believe he did it because he didn't want legal issues in his life, which is a legit reason to me)

Something tells me he's okay with the outcome Wink
byronbb
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Re: When are you going to cash out?
February 07, 2013, 07:41:14 PM
#50
Makes more than mtgox with almost no overhead.
Spaceman_Spiff
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Re: When are you going to cash out?
February 07, 2013, 07:23:34 PM
#49
Wow, can you imagine being the guy who sold this website?  How hard do you hit yourself on the head? (though I believe he did it because he didn't want legal issues in his life, which is a legit reason to me)
byronbb
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Re: When are you going to cash out?
February 07, 2013, 07:12:42 PM
#48
Quote from: bitcoinBull on February 07, 2013, 06:51:48 PM
Quote from: SgtSpike on February 07, 2013, 02:15:06 PM
Quote from: arruah on February 07, 2013, 01:19:03 PM
Quote from: evoorhees on February 07, 2013, 01:02:06 PM
I already cashed out. I got out of USD and now have real money.
you must be crazy
I'd imagine having 20,000BTC/month in profits from SatoshiDICE probably helps him live without USD.  Wink

Is that an official number, or an estimate from the blockchain?

bitcoinBull
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Activity: 826
Merit: 1001
rippleFanatic
Re: When are you going to cash out?
February 07, 2013, 06:51:48 PM
#47
Quote from: SgtSpike on February 07, 2013, 02:15:06 PM
Quote from: arruah on February 07, 2013, 01:19:03 PM
Quote from: evoorhees on February 07, 2013, 01:02:06 PM
I already cashed out. I got out of USD and now have real money.
you must be crazy
I'd imagine having 20,000BTC/month in profits from SatoshiDICE probably helps him live without USD.  Wink

Is that an official number, or an estimate from the blockchain?
byronbb
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Re: When are you going to cash out?
February 07, 2013, 06:47:13 PM
#46
Quote from: payb.tc on February 07, 2013, 06:36:06 PM
Quote from: sublime5447 on February 07, 2013, 03:34:50 PM
People either love me or they hate me

can you guess which one? Cheesy




i only cash out when i feel forced to like if i'm low on $


2 months back I was sooooo close to have to cash out I borrowed from my bank instead. Thank god.
payb.tc
hero member
Activity: 812
Merit: 1000
Re: When are you going to cash out?
February 07, 2013, 06:36:06 PM
#45
Quote from: sublime5447 on February 07, 2013, 03:34:50 PM
People either love me or they hate me

can you guess which one? Cheesy




i only cash out when i feel forced to like if i'm low on $
byronbb
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Re: When are you going to cash out?
February 07, 2013, 06:28:18 PM
#44
SgtSpike
legendary
Activity: 1400
Merit: 1005
Re: When are you going to cash out?
February 07, 2013, 06:11:51 PM
#43
Quote from: wachtwoord on February 07, 2013, 05:49:38 PM
Quote from: SaintFlow on February 07, 2013, 03:03:55 PM
- one does not simply cash out of bitcoin



Relevant:

paraipan
legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
Re: When are you going to cash out?
February 07, 2013, 06:05:17 PM
#42
Quote from: evoorhees on February 07, 2013, 01:02:06 PM
I already cashed out. I got out of USD and now have real money.

+1
jwzguy
hero member
Activity: 868
Merit: 1002
Re: When are you going to cash out?
February 07, 2013, 05:53:18 PM
#41
Quote from: wachtwoord on February 07, 2013, 05:49:38 PM
Quote from: SaintFlow on February 07, 2013, 03:03:55 PM
- one does not simply cash out of bitcoin



Haha, THANK YOU. Saving this one.
wachtwoord
legendary
Activity: 2324
Merit: 1125
Re: When are you going to cash out?
February 07, 2013, 05:49:38 PM
#40
Quote from: SaintFlow on February 07, 2013, 03:03:55 PM
- one does not simply cash out of bitcoin


Gabi
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Re: When are you going to cash out?
February 07, 2013, 05:23:48 PM
#39
Quote
so the fact that it's hard to exchange BTC for fiat... doesn't that hamper BTC's usefulness?
Converting btc with fiat is hard, that's true and is exactly why we need BTC, because it will finally allow us to buy something in an easy way. If buying or selling BTC was easy, then well, we would not even need it!
Qoheleth
legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
Re: When are you going to cash out?
February 07, 2013, 05:19:07 PM
#38
Quote from: SaintFlow on February 07, 2013, 03:03:55 PM
- i find your lack of faith disturbing
That's your prerogative. But remember, faith in an idea doesn't preclude skepticism about its prototyped implementation.

Quote from: SaintFlow on February 07, 2013, 03:03:55 PM
- one does not simply cash out of bitcoin
Isn't that a problem?

I mean, sure, you can make arguments that on the fundamentals BTC is a better currency than FRNs. But right now FRNs have better purchase utility, so the fact that it's hard to exchange BTC for fiat... doesn't that hamper BTC's usefulness?

Unless this was just a throwaway line about how BTC is so cool that you should never want to cash out.
sublime5447
legendary
Activity: 966
Merit: 1000
Re: When are you going to cash out?
February 07, 2013, 03:34:50 PM
#37
@ BCB People either love me or they hate me I make friends and enemies everywhere I go.
sublime5447
legendary
Activity: 966
Merit: 1000
Re: When are you going to cash out?
February 07, 2013, 03:31:12 PM
#36
I understand that fiat is trash I dont hold it either speculate in silver and gold let the currency be bitcoin or any other digital currency. I am in it to defund the government and crush the banks that enslave people with debt. If you cant get them and price is always volatile they wont use it and a new market will pop up. The idea is out it is just a matter of who is going to make it work for everyone.  
gweedo
legendary
Activity: 1498
Merit: 1000
Re: When are you going to cash out?
February 07, 2013, 03:29:47 PM
#35
Quote from: BCB on February 07, 2013, 03:12:21 PM
(ps. Gweedo is a notorious angry troll.  Not sure why...)

I am notoriously an angry troll? Pretty sure I am not angry LOL but you are all over me dude, if anyone is angry it is you...
adamstgBit
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Re: When are you going to cash out?
February 07, 2013, 03:29:23 PM
#34
cashing out now $_$

Cheesy
humanitee
hero member
Activity: 1302
Merit: 502
Re: When are you going to cash out?
February 07, 2013, 03:22:53 PM
#33
Man, sublime is one butt hurt guy.

Define greed? I'm holding BTC because fiat is trash and I've already missed the PM train. I won't sell it because I'm my own bank now. It's almost like I'm using Bitcoin the way it was designed to be used.


Walter Rothbard
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
Re: When are you going to cash out?
February 07, 2013, 03:21:53 PM
#32
Quote from: sublime5447 on February 07, 2013, 02:47:59 PM
If you dont see that ltc is going to be huge you are a fool. It will help regulate the cost of btc and if they get manipulated then their will be another coin. If your coins are over valued and hard to get people will buy litecoins which are undervalued and easy to get. It is not rocket science guys not much barriers to entry for new coins. Bitcoin is not the only game in town.

You're right: it's not rocket science.  But in this case, it's opinion (overvalued/undervalued) stated as fact, with disrespect shown toward anyone who disagrees with you.
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