For the Bitcoin Bros - $400,000 in 2021?
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If I can do it, @FireCohen can do it.Baseman said:
You can buy fractional coins. Enter the amount you want to buy and the app will show you the amount you're $ will buy. If you do it on Coinbase they'll take a 0.5% fee. I don't know if other venues charge fees. Coinbase appears to be the Crypto platform for dummies. Safe and easy to use. So, I'm told.creepycoug said:
If it goes up to 400? What odds do we? need for that to happen before you roll $60,000? Unless I'm misunderstanding ... you need $60k for one bitcoin, right?BleachedAnusDawg said:The price of it is so high that you have to put a ton of money in it to make much off of it. I bought some the other day (very small amount) more as a hedge on what's going on with the USD and concern about global currency, etc.
Very easy. Interface is a little clunky but I’m sure it’ll get better. -
Bitcoins are divisible up to 8 decimal places. 0.00000001 BTC is called a satoshi, or a sat for short, after the pseudonym of the creator. A lot of Bitcoiners just set a monthly buy of x number of satoshis and call it "stacking sats".creepycoug said:
If it goes up to 400? What odds do we? need for that to happen before you roll $60,000? Unless I'm misunderstanding ... you need $60k for one bitcoin, right?BleachedAnusDawg said:The price of it is so high that you have to put a ton of money in it to make much off of it. I bought some the other day (very small amount) more as a hedge on what's going on with the USD and concern about global currency, etc.
As for the article, it's possible but unlikely IMO. Bambrough is the worst kind of Bitcoin journalist. Basically pure clickbait. -
BleachedAnusDawg said:
Yeah, $60+k right now for one coin. If I had a million in the bank $60k would still be too big a risk to me. I don't have the funds to do much gambling versus long-term security right now.creepycoug said:
If it goes up to 400? What odds do we? need for that to happen before you roll $60,000? Unless I'm misunderstanding ... you need $60k for one bitcoin, right?BleachedAnusDawg said:The price of it is so high that you have to put a ton of money in it to make much off of it. I bought some the other day (very small amount) more as a hedge on what's going on with the USD and concern about global currency, etc.
This is what people misunderstand. Bitcoin is the long term safety net. It's the hedge against countries with insane monetary policies, including ours. At a minimum it will continue to eat gold's market share of the store of value market but it's the hedge against the psychotic MMT promoters too. -
You read my mind. I drafted that question and didn't hit "Post Comment" before being distracted on something else. So you can wade into the pool. Good to know.Baseman said:
You can buy fractional coins. Enter the amount you want to buy and the app will show you the amount you're $ will buy. If you do it on Coinbase they'll take a 0.5% fee. I don't know if other venues charge fees. Coinbase appears to be the Crypto platform for dummies. Safe and easy to use. So, I'm told.creepycoug said:
If it goes up to 400? What odds do we? need for that to happen before you roll $60,000? Unless I'm misunderstanding ... you need $60k for one bitcoin, right?BleachedAnusDawg said:The price of it is so high that you have to put a ton of money in it to make much off of it. I bought some the other day (very small amount) more as a hedge on what's going on with the USD and concern about global currency, etc.
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You sound poor.BleachedAnusDawg said:
Yeah, $60+k right now for one coin. If I had a million in the bank $60k would still be too big a risk to me. I don't have the funds to do much gambling versus long-term security right now.creepycoug said:
If it goes up to 400? What odds do we? need for that to happen before you roll $60,000? Unless I'm misunderstanding ... you need $60k for one bitcoin, right?BleachedAnusDawg said:The price of it is so high that you have to put a ton of money in it to make much off of it. I bought some the other day (very small amount) more as a hedge on what's going on with the USD and concern about global currency, etc.
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Trying way too hard, band fag.MelloDawg said:
You sound poor.BleachedAnusDawg said:
Yeah, $60+k right now for one coin. If I had a million in the bank $60k would still be too big a risk to me. I don't have the funds to do much gambling versus long-term security right now.creepycoug said:
If it goes up to 400? What odds do we? need for that to happen before you roll $60,000? Unless I'm misunderstanding ... you need $60k for one bitcoin, right?BleachedAnusDawg said:The price of it is so high that you have to put a ton of money in it to make much off of it. I bought some the other day (very small amount) more as a hedge on what's going on with the USD and concern about global currency, etc.
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Or not trying hard enough.BleachedAnusDawg said:
Trying way too hard, band fag.MelloDawg said:
You sound poor.BleachedAnusDawg said:
Yeah, $60+k right now for one coin. If I had a million in the bank $60k would still be too big a risk to me. I don't have the funds to do much gambling versus long-term security right now.creepycoug said:
If it goes up to 400? What odds do we? need for that to happen before you roll $60,000? Unless I'm misunderstanding ... you need $60k for one bitcoin, right?BleachedAnusDawg said:The price of it is so high that you have to put a ton of money in it to make much off of it. I bought some the other day (very small amount) more as a hedge on what's going on with the USD and concern about global currency, etc.
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Same. I had a friend go in heavy in 2017 but I thought it was too late because it was already mainstream. He told me I would regret not buying some. I was taught or at least self taught to think that once the average Joe finds out about something it’s too late.Doog_de_Jour said:I was so convinced crypto was this generation’s tulip craze. I’m kicking myself for not buying a little early on just for funsies.
Fuck me and my overly conservative investment strategies. -
I keep praying to the financial gods that I’ll just blunder my way into something on big on the ground floor like a lot of these rich assholes.RoadDawg55 said:
Same. I had a friend go in heavy in 2017 but I thought it was too late because it was already mainstream. He told me I would regret not buying some. I was taught or at least self taught to think that once the average Joe finds out about something it’s too late.Doog_de_Jour said:I was so convinced crypto was this generation’s tulip craze. I’m kicking myself for not buying a little early on just for funsies.
Fuck me and my overly conservative investment strategies.
One of the wealthiest people I know admitted to me, “yes, I worked hard...but a lot of it was just being lucky enough to be in the right place at the right time.” -
I made my first purchase two days ago. Same rationale.BleachedAnusDawg said:The price of it is so high that you have to put a ton of money in it to make much off of it. I bought some the other day (very small amount) more as a hedge on what's going on with the USD and concern about global currency, etc.
