Current Events > Say you have millions of dollars worth of bitocoins

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sutree 12/19/17 8:40:45 PM #1:	How would you actually go about converting that into real money? --- It's just that bird law in this country-- it's not governed by reason http://i.imgur.com/J0qoWIu.jpg <cite>sutree posted [p:892532458] in Say you ha... [t:76117227]...</cite> <quote>How would you actually go about converting that into real money?</quote> ... Copied to Clipboard!
armandro 12/19/17 8:41:43 PM #2:	By having someone with real money buy it. Trickle down economics --- http://i.imgur.com/sKghEcP.gif 8 October, 2023 <cite>armandro posted [p:892532512] in Say you ha... [t:76117227]...</cite> <quote>By having someone with real money buy it. Trickle down economics</quote> ... Copied to Clipboard!
Giblet_Enjoyer 12/19/17 8:41:47 PM #3:	You can't. Literally no one can even cash out, which is precisely why no one does. --- He which make friends with scorpion, soon come to find out what a scorpion does - they bite people with its tail --ancient Chinese proverb <cite>Giblet_Enjoyer posted [p:892532517] in Say you ha... [t:76117227]...</cite> <quote>You can't. Literally no one can even cash out, which is precisely why no one does.</quote> ... Copied to Clipboard!
Shmashed 12/19/17 8:42:29 PM #4:	coinbase.com --- /poast <cite>Shmashed posted [p:892532558] in Say you ha... [t:76117227]...</cite> <quote>coinbase.com</quote> ... Copied to Clipboard!
ChainedRedone 12/19/17 8:44:27 PM #5:	Giblet_Enjoyer posted... You can't. Literally no one can even cash out, which is precisely why no one does. This. People saying they made thousands or whatever from bitcoin haven't actually because they haven't cashed it out and aren't able to even if they did. Lmao. Suckers. --- David Mink. Hero. https://c1.staticflickr.com/7/6043/6337878059_009dd4c4f3_z.jpg <cite>ChainedRedone posted [p:892532668] in Say you ha... [t:76117227]...</cite> <quote><cite>Giblet_Enjoyer posted...</cite> <quote>You can't. Literally no one can even cash out, which is precisely why no one does.</quote> This. People saying they made thousands or whatever from bitcoin haven't actually because they haven't cashed it out and aren't able to even if they did. Lmao. Suckers.</quote> ... Copied to Clipboard!
DundiesAward 12/19/17 8:45:30 PM #6:	The people on those bitcoin forums say just use several exchanges. But you will get a fee like 1% when pulling out. So if you pull out 1 million it is a 9,000 fee on Bitstamp https://bitcointalk.org/index.php?topic=1960578.0 --- Black Pope <cite>DundiesAward posted [p:892532738] in Say you ha... [t:76117227]...</cite> <quote>The people on those bitcoin forums say just use several exchanges. But you will get a fee like 1% when pulling out. So if you pull out 1 million it is a 9,000 fee on Bitstamp https://bitcointalk.org/index.php?topic=1960578.0</quote> ... Copied to Clipboard!
ChainedRedone 12/19/17 8:46:23 PM #7:	DundiesAward posted... The people on those bitcoin forums say just use several exchanges. But you will get a fee like 1% when pulling out. So if you pull out 1 million it is a 9,000 fee on Bitstamp https://bitcointalk.org/index.php?topic=1960578.0 Math isn't your strength huh. --- David Mink. Hero. https://c1.staticflickr.com/7/6043/6337878059_009dd4c4f3_z.jpg <cite>ChainedRedone posted [p:892532802] in Say you ha... [t:76117227]...</cite> <quote><cite>DundiesAward posted...</cite> <quote>The people on those bitcoin forums say just use several exchanges. But you will get a fee like 1% when pulling out. So if you pull out 1 million it is a 9,000 fee on Bitstamp https://bitcointalk.org/index.php?topic=1960578.0</quote> Math isn't your strength huh.</quote> ... Copied to Clipboard!
DundiesAward 12/19/17 8:47:44 PM #8:	ChainedRedone posted... DundiesAward posted... The people on those bitcoin forums say just use several exchanges. But you will get a fee like 1% when pulling out. So if you pull out 1 million it is a 9,000 fee on Bitstamp https://bitcointalk.org/index.php?topic=1960578.0 Math isn't your strength huh. I didn't read the topic and neither did you. I quoted the OP. The next post basically corrected it. .09% of 1 million is $900 not $9000. --- Black Pope <cite>DundiesAward posted [p:892532892] in Say you ha... [t:76117227]...</cite> <quote><cite>ChainedRedone posted...</cite> <quote><cite>DundiesAward posted...</cite> <quote>The people on those bitcoin forums say just use several exchanges. But you will get a fee like 1% when pulling out. So if you pull out 1 million it is a 9,000 fee on Bitstamp https://bitcointalk.org/index.php?topic=1960578.0</quote> Math isn't your strength huh.</quote> I didn't read the topic and neither did you. I quoted the OP. The next post basically corrected it. .09% of 1 million is $900 not $9000.</quote> ... Copied to Clipboard!
Rika_Furude 12/19/17 8:48:32 PM #9:	are there actually people buying millions of dollars of bitcoins? just say you were lucky and bought 200 bitcoins 10 years ago for $5 how would you even sell those 200 bitcoins? someone obviously has to buy them, but nobody is buying 200 bitcoins and then the price starts crashing and you cant find anyone to buy --- http://www.imgur.com/oQHLBrx.jpg http://www.imgur.com/ah5IE8D.jpg http://www.imgur.com/USV84z9.jpg http://www.imgur.com/PSjlohO.jpg <cite>Rika_Furude posted [p:892532933] in Say you ha... [t:76117227]...</cite> <quote>are there actually people buying millions of dollars of bitcoins? just say you were lucky and bought 200 bitcoins 10 years ago for $5 how would you even sell those 200 bitcoins? someone obviously has to buy them, but nobody is buying 200 bitcoins and then the price starts crashing and you cant find anyone to buy</quote> ... Copied to Clipboard!
DarthAragorn 12/19/17 8:49:47 PM #10:	Coinbase won't even let you cash out more than like 15k a month does it --- A thousand eyes, and one. <cite>DarthAragorn posted [p:892532997] in Say you ha... [t:76117227]...</cite> <quote>Coinbase won't even let you cash out more than like 15k a month does it</quote> ... Copied to Clipboard!
JBaLLEN66 12/19/17 8:49:57 PM #11:	NRika_Furude posted... are there actually people buying millions of dollars of bitcoins? just say you were lucky and bought 200 bitcoins 10 years ago for $5 how would you even sell those 200 bitcoins? someone obviously has to buy them, but nobody is buying 200 bitcoins and then the price starts crashing and you cant find anyone to buy This --- Him being greedy is a good thing. That means he'll want to spend less and help us get out of this debt. Gamefreak36 <cite>JBaLLEN66 posted [p:892533006] in Say you ha... [t:76117227]...</cite> <quote>N<cite>Rika_Furude posted...</cite> <quote>are there actually people buying millions of dollars of bitcoins? just say you were lucky and bought 200 bitcoins 10 years ago for $5 how would you even sell those 200 bitcoins? someone obviously has to buy them, but nobody is buying 200 bitcoins and then the price starts crashing and you cant find anyone to buy</quote> This</quote> ... Copied to Clipboard!
WalkingPlague 12/19/17 8:49:57 PM #12:	Bitcoin is definitely a risk. I wouldn't invest any of my money into it. --- #PCMR <cite>WalkingPlague posted [p:892533007] in Say you ha... [t:76117227]...</cite> <quote>Bitcoin is definitely a risk. I wouldn't invest any of my money into it.</quote> ... Copied to Clipboard!
wolverinev2 12/19/17 8:51:47 PM #13:	WalkingPlague posted... Bitcoin is definitely a risk. I wouldn't invest any of my money into it. It's a huge risk because everybody makes these topics about it rising and then dropping, rinse repeat. But nobody has actually made any ACTUAL money from it. (Magic Donut is the only one and it probably took him a couple of months just cash out most of it.) --- It's far better to be alive than to be dead <cite>wolverinev2 posted [p:892533111] in Say you ha... [t:76117227]...</cite> <quote><cite>WalkingPlague posted...</cite> <quote>Bitcoin is definitely a risk. I wouldn't invest any of my money into it.</quote> It's a huge risk because everybody makes these topics about it rising and then dropping, rinse repeat. But nobody has actually made any ACTUAL money from it. (Magic Donut is the only one and it probably took him a couple of months just cash out most of it.)</quote> ... Copied to Clipboard!
Ki_cat_ 12/19/17 9:02:03 PM #14:	People are just hyped on the "potential" and think the money is in the bank. --- People are afraid of what they don't understand. <cite>Ki_cat_ posted [p:892533695] in Say you ha... [t:76117227]...</cite> <quote>People are just hyped on the "potential" and think the money is in the bank.</quote> ... Copied to Clipboard!
Shmashed 12/19/17 9:05:20 PM #15:	JBaLLEN66 posted... NRika_Furude posted... are there actually people buying millions of dollars of bitcoins? just say you were lucky and bought 200 bitcoins 10 years ago for $5 how would you even sell those 200 bitcoins? someone obviously has to buy them, but nobody is buying 200 bitcoins and then the price starts crashing and you cant find anyone to buy This It sells in chunks. So it will sell until the market value is below the ask price from the seller. --- /poast <cite>Shmashed posted [p:892533894] in Say you ha... [t:76117227]...</cite> <quote><cite>JBaLLEN66 posted...</cite> <quote>N<cite>Rika_Furude posted...</cite> <quote>are there actually people buying millions of dollars of bitcoins? just say you were lucky and bought 200 bitcoins 10 years ago for $5 how would you even sell those 200 bitcoins? someone obviously has to buy them, but nobody is buying 200 bitcoins and then the price starts crashing and you cant find anyone to buy</quote> This</quote> It sells in chunks. So it will sell until the market value is below the ask price from the seller.</quote> ... Copied to Clipboard!
Turtlebread 12/19/17 9:06:28 PM #16:	it's so fuckin easy to sell bitcoin I don't know where you guys get this idea it's impossibe lol --- http://i.imgur.com/yCW15Zn.jpg <cite>Turtlebread posted [p:892533988] in Say you ha... [t:76117227]...</cite> <quote>it's so fuckin easy to sell bitcoin I don't know where you guys get this idea it's impossibe lol</quote> ... Copied to Clipboard!
CableZL 12/19/17 9:07:48 PM #17:	ChainedRedone posted... Giblet_Enjoyer posted... You can't. Literally no one can even cash out, which is precisely why no one does. This. People saying they made thousands or whatever from bitcoin haven't actually because they haven't cashed it out and aren't able to even if they did. Lmao. Suckers. That's false. It's rather easy to cash out. You just sell the bitcoins you have, converting them into USD. The problems with cashing out happen during high traffic times prompted by big jumps or falls in the price of a coin. Most of the time, cashing out is very easy. --- http://i.imgur.com/ByKGlJb.gif http://i.imgur.com/nZdaA8D.gif http://i.imgur.com/VBLBILg.jpg <cite>CableZL posted [p:892534067] in Say you ha... [t:76117227]...</cite> <quote><cite>ChainedRedone posted...</cite> <quote><cite>Giblet_Enjoyer posted...</cite> <quote>You can't. Literally no one can even cash out, which is precisely why no one does.</quote> This. People saying they made thousands or whatever from bitcoin haven't actually because they haven't cashed it out and aren't able to even if they did. Lmao. Suckers.</quote> That's false. It's rather easy to cash out. You just sell the bitcoins you have, converting them into USD. The problems with cashing out happen during high traffic times prompted by big jumps or falls in the price of a coin. Most of the time, cashing out is very easy.</quote> ... Copied to Clipboard!
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Current Events > Say you have millions of dollars worth of bitocoins (+) Yeah! (+)

Current Events > Say you have millions of dollars worth of bitocoins