hey banker - i sure am glad i listened to me and not to you
- Thread starter dherd
- Start date
Wasn't he the one who posted the other day that the POTUS isn't under investigation? And challenged me to find the link? And within five minutes I had the link posted? and then he has disappeared ever since?
Except when you're not, which is quite a bit.
If you have really invested money in this, you are probably going to take it up the butt. You missed the ground floor and now it is a volatile market. Good luck knowing when to get out.
JUST CHECKED 1BC = $13,450. X 1.84346469BC
ON $1500 OF PLAY MONEY - NOT A BAD RETURN
SINCE 12/14/16
DO THE MATH I HAVE A BIT OF A CUSHION BEFORE I GET HURT
+1.84346469 BTC
@ $781.68 per BTC
Reference code
YZLW5W6R
Payment Method BANK CORPORATION
Fee $21.47
Subtotal $1,441.00
Total $1,462.47
ON $1500 OF PLAY MONEY - NOT A BAD RETURN
SINCE 12/14/16
DO THE MATH I HAVE A BIT OF A CUSHION BEFORE I GET HURT
+1.84346469 BTC
@ $781.68 per BTC
Reference code
YZLW5W6R
Payment Method BANK CORPORATION
Fee $21.47
Subtotal $1,441.00
Total $1,462.47
You bought ONE bitcoin so your intuition wasnt that great. And honestly has anyone ever used one to buy anything?
I believe he said that it could still make some money, but will eventually blow up. I'm sure he'll show up eventually. Anyway, wow, a $1,400 investment. Is that amount reflective of your confidence in your investing acumen or your lack of financial resources?
Thanks, Rock, but he's not worth it (much like the investment he made).
Dherd, be sure and post when you sell. When it blows up I will make fun of you and don't want you to be able to use the "I don't care, I sold at the top of the market" line.
Dherd, be sure and post when you sell. When it blows up I will make fun of you and don't want you to be able to use the "I don't care, I sold at the top of the market" line.
Is banker a registered representative. Not sure if his sponsoring institution would approve of any financial advice on a random message board. We should check with finra.
Wait: it maxed out at $17,000 yesterday then dropped to $13,000 last night, yet you come on here 12 hours later to claim that you got out at almost the very top of its max?
This is almost as good as when, after the football games, you claimed to have not played all of those gambling losses even though you posted that you had played them before the games started.
you obviously do not have a clue as to what you are talking about.
if you dont know what your talking about just keep your mouth shut.
when you talk about things you now nothing about you put your ignorance
on public display. i wont call you a clown although i strongly suspect you are.
climb back under your rock and go back to sleep. if i need your opinion i'll let
you know (dont wait for a call)
if you dont know what your talking about just keep your mouth shut.
when you talk about things you now nothing about you put your ignorance
on public display. i wont call you a clown although i strongly suspect you are.
climb back under your rock and go back to sleep. if i need your opinion i'll let
you know (dont wait for a call)
Can you provide any type of proof?
Also, can you please explain Bitcoin to me? Here's what I mean by that, since it is traded by an unregulated market, what keeps a very small group from manipulating the bid/ask on it? If you can't explain what prevents that, why would retailers, or anyone else, accept it as payment? Also, with stocks and other registered investments, you have market makers. These folks are responsible to provide a place to sell what you own. Who guarantees that you can sell Bit coin once you own it?
Also, can you please explain Bitcoin to me? Here's what I mean by that, since it is traded by an unregulated market, what keeps a very small group from manipulating the bid/ask on it? If you can't explain what prevents that, why would retailers, or anyone else, accept it as payment? Also, with stocks and other registered investments, you have market makers. These folks are responsible to provide a place to sell what you own. Who guarantees that you can sell Bit coin once you own it?
It's traded more widely than you think and some retailers are already accepting it.
(I'm not "in on it" so to speak.)
I just couldn't pass up another opportunity to display your ignorance.
This stuff won't last.
Hard to believe the great patriot dtard would condone using currency that is not the official currency of the USA and escapes taxes. Using this as currency hurts government.
Hard to believe the great patriot dtard would condone using currency that is not the official currency of the USA and escapes taxes. Using this as currency hurts government.
I know some retailers already accept it, the question is why do they? Here's the point, yesterday, if they accepted Bitcoin as payment at 4:00 o'clock they were only holding 75% of that value by 8:00 o'clock. That means if they didn't have a 25% gross margin they lost money on the sale.
Why would a retailer take currency risk? Heck, most U.S. companies that deal international require payment in U.S. dollars because they don't want to take foreign currency risk and that's much more stable than Bitcoin. Nearly all US banks exclude foreign receivables from eligibility on lines of credit. No way Bitcoin receivables would ever be allowed in the borrowing base.
No company wants volatility in their cash flow from currency risk. Smart individuals shouldn't either. Example, you sell somebody your flat screen TV on Craig's List for $300. You take payment in Bitcoin with it having a stated value of $15,000. Two hours after the transaction Bitcoin falls to $10,000. You just sold your TV for $200. Of course you could reply that it may go to $20,000 so you really got $400 for your TV, but on the flip side, if you were the buyer you screwed yourself. At that point it's not commerce, it's gambling, so Bitcoin isn't currency, it's nothing more than a gambling slip.
Economies simply can not function on unstable currencies.
Why would a retailer take currency risk? Heck, most U.S. companies that deal international require payment in U.S. dollars because they don't want to take foreign currency risk and that's much more stable than Bitcoin. Nearly all US banks exclude foreign receivables from eligibility on lines of credit. No way Bitcoin receivables would ever be allowed in the borrowing base.
No company wants volatility in their cash flow from currency risk. Smart individuals shouldn't either. Example, you sell somebody your flat screen TV on Craig's List for $300. You take payment in Bitcoin with it having a stated value of $15,000. Two hours after the transaction Bitcoin falls to $10,000. You just sold your TV for $200. Of course you could reply that it may go to $20,000 so you really got $400 for your TV, but on the flip side, if you were the buyer you screwed yourself. At that point it's not commerce, it's gambling, so Bitcoin isn't currency, it's nothing more than a gambling slip.
Economies simply can not function on unstable currencies.
Stay on topic. This isn’t about Donald trump. It’s about bitcoin and dtard
The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution
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The feds are gonna shut this bitcoin shit down. We will go to war over that if necessary. One thing the US of A does not like is taking money from us. We might put up with a lot of shhhhtuffff but undermining our economy is not one of them.
Better stay away from this because the federals are not going to tolerate it long nor are the banks. And there are ways to do it without technically shutting them down. Hacks, destabilize it, and then a PR campaign showing the downsides to bitcoin to the point it implodes.
Run away from this thing now.
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The feds are gonna shut this bitcoin shit down. We will go to war over that if necessary. One thing the US of A does not like is taking money from us. We might put up with a lot of shhhhtuffff but undermining our economy is not one of them.
Better stay away from this because the federals are not going to tolerate it long nor are the banks. And there are ways to do it without technically shutting them down. Hacks, destabilize it, and then a PR campaign showing the downsides to bitcoin to the point it implodes.
Run away from this thing now.
*you're
and . . .
*know
Now, prove anything I said wrong. You can't, because it is true. Just like you did with your fake gambling lies, a half-day after the bitcoin price came tumbling down, you posted to claim you got out at almost its highest point.
Just because you're dumb doesn't mean everyone else on here is.
Extra, great find. I believe you have uncovered dherd most recent lie. It’s exactly how he started his thread. Good find!
Other than that it’s an opinion piece from a lady that writes books about the stigma of being single your whole life.
Other than that it’s an opinion piece from a lady that writes books about the stigma of being single your whole life.
No, I exposed your ignorance of not knowing what dherd was saying or your laziness for not taking 10 seconds to look it up.
1. i pay tax on every penny.
2. herdman do you have a credit card? how long have you had it? is that credit card a u.s. dollar? do you ever use your credit card electronically? has anyone in all those years shut credit cards down?
come on herdman - this is the 21st century - you cons gotta get with the program.
I think you just left every leftist on this Board (except maybe Rifle and Raoul) staring at the screen wiping drool from their chin. you need to dumb it down a little
YOU DUMB IGNORANT CONSERVATIVES.
NO WONDER YOU ALL GET SUCKED IN BY TRUMP/BANANA REPUBLICANS. YOU
DONT KNOW ANYTHING!
HAVE YOU EVER HEARD OF THE FOREIGN CURRENCY EXCHANGE MARKET? I DIDNT THINK SO. LOOK IT UP, AND IN THE FUTURE IF YOU
DO NOT KNOW ANYTHING ABOUT THE SUBJECT AT HAND JUST BE QUIET (THEY WILL BE FOREVER MUTE) INSTEAD OF REGURGITATING SOMETHING YOUVE HEARD ON THE FOX PROPAGANDA NETWORK.
.
NO WONDER YOU ALL GET SUCKED IN BY TRUMP/BANANA REPUBLICANS. YOU
DONT KNOW ANYTHING!
HAVE YOU EVER HEARD OF THE FOREIGN CURRENCY EXCHANGE MARKET? I DIDNT THINK SO. LOOK IT UP, AND IN THE FUTURE IF YOU
DO NOT KNOW ANYTHING ABOUT THE SUBJECT AT HAND JUST BE QUIET (THEY WILL BE FOREVER MUTE) INSTEAD OF REGURGITATING SOMETHING YOUVE HEARD ON THE FOX PROPAGANDA NETWORK.
.
First off, the foreign currency exchange market trades in various currencies, each of which is backed by the full faith and credit of the issuing country. The stability and ability of each country to back that currency is reflected in how it is traded, how it is valued relative to other currencies, and how speculative it is considered.
Who backs Bitcoin?
Who backs Bitcoin?
Really, comparing Bitcoin to credit cards? Credit cards are used for electronic transactions based on US dollars, or, if foreign issued cards, the currency of the the country of issue. Again, it goes to stability. Stability of currency is the most important aspect of free trade and is why the U.S. Dollar remains the "gold standard" do world trade.
To dumb it down as requested, Bitcoin is like barter in essence. You trade a Bitcoin for a 2010 Toyota Camry. What happens if the value of the Bitcoin rises or falls 50% later that day? Who wants to transact, on either side, with potential volatility like that?
Something else, who controls the finite number of Bitcoin available, where did they come from in the first place? What really stops an exchange from just creating more with a mouse click? Yes, the same thing happens with dollars, but again, backed by the government and a dollar is worth a dollar. It's not worth a dollar today, 50 cents tomorrow and 7 bucks the next day.
Bitcoin is more like the farce gold has become. Currently there are futures contracts in gold that represent an amount of gold that far exceeds all the gold ever mined since the beginning of time. If everyone went physical on those contracts you would have lines of people waiting for their gold that doesn't actually even exist.
This is not accurate. Bitcoin mining has proof of work and block-chaining all bitcoins prevent someone from actually just spoofing a bunch into existence. Bitcoin also has artificial scarcity built in, and the protocol has measures to erase any fake bullshit...this actually happened earlier in its existence, and they were quickly erased. It's intriguing and intelligent, it's just not something one should be playing with at this point unless you are mining. That said, I remember when you could buy a thousand for $100, sure wish I had done that then. That was the time to get in.
if you fools would stop spending so much time TRYING to proving me wrong (which i never am) and listen you might actually learn something.
in my last post I was addressing this:
"I know some retailers already accept it, the question is why do they? Here's the point, yesterday, if they accepted Bitcoin as payment at 4:00 o'clock they were only holding 75% of that value by 8:00 o'clock. That means if they didn't have a 25% gross margin they lost money on the sale."
TO SPELL IT OUT FOR YOU MILLIONS OF TRANSACTIONS ARE MADE EVERY SECOND OF EVERY DAY BETWEEN CURRENCIES OF DIFFERENT
NATIONS. THE PRICES FLUCTUATE BY THE MINUTE ONE MINUTE THE
DOLLAR MAY BE WORTH $1.20 EURO THE NEXT IT MAY BE WORTH $1.3
THESE TRANSACTIONS ARE ACCOUNTED FOR ON THE COMPANIES BOOKS. LOOK UP ACCOUNTING FOR THE TRANSLATION OF FOREIGN CURRENCY TRANSACTIONS BITCOINS WOULD BE ACCOUNTED FOR
IN ROUGHLY THE SAME MANOR.
and yes comparing bitcoin to credit cards regarding herdmans post because neither are backed by the u.s. govt. or any other govt for that matter.
OPEN YOUR MIND
in my last post I was addressing this:
"I know some retailers already accept it, the question is why do they? Here's the point, yesterday, if they accepted Bitcoin as payment at 4:00 o'clock they were only holding 75% of that value by 8:00 o'clock. That means if they didn't have a 25% gross margin they lost money on the sale."
TO SPELL IT OUT FOR YOU MILLIONS OF TRANSACTIONS ARE MADE EVERY SECOND OF EVERY DAY BETWEEN CURRENCIES OF DIFFERENT
NATIONS. THE PRICES FLUCTUATE BY THE MINUTE ONE MINUTE THE
DOLLAR MAY BE WORTH $1.20 EURO THE NEXT IT MAY BE WORTH $1.3
THESE TRANSACTIONS ARE ACCOUNTED FOR ON THE COMPANIES BOOKS. LOOK UP ACCOUNTING FOR THE TRANSLATION OF FOREIGN CURRENCY TRANSACTIONS BITCOINS WOULD BE ACCOUNTED FOR
IN ROUGHLY THE SAME MANOR.
and yes comparing bitcoin to credit cards regarding herdmans post because neither are backed by the u.s. govt. or any other govt for that matter.
OPEN YOUR MIND
So, the Euro/Dollar exchange may, on an extreme day, vary 5-8%. Bitcoin often moves 10-30% in minutes with several examples in the last week alone. These are equal in risk in your eyes?
And Raoul, Bitcoin is not regulated by any independent agency. You may be okay with taking their word for it that everything is on the up and up, I'm not. In fact, in 2014 New York passed legislation that required those dealing in Bitcoin be licensed and most immediately closed up shop doing business in the state. Japan and Russia are on the forefront of regulation as far as a national level goes. We'll see what happens there.
And Raoul, Bitcoin is not regulated by any independent agency. You may be okay with taking their word for it that everything is on the up and up, I'm not. In fact, in 2014 New York passed legislation that required those dealing in Bitcoin be licensed and most immediately closed up shop doing business in the state. Japan and Russia are on the forefront of regulation as far as a national level goes. We'll see what happens there.
I'd be OK with that if I got in when they were 30 cents. What's a couple hundred dollars? If I were mining (and to make real money at mining you have to spend real money, it's turned into big operations so forget that) I'd be fine with it, too. All you have to trust is the math, so to say. That of course has no bearing on risking a market collapse, that's a separate issue.
There are now companies licensed in New York. I'd venture some that bolted were up to no good, but if someone was dumb enough to buy "fake" bitcoin they deserved to be ripped off, they didn't do their homework.
