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Thread: Bitcoins are officially donkdown

  1. #3041
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    not saying bitcoins are going to $10 or $10,000, but think San can back me up on this one...anytime CNBC starts pumping something up as the main article on their website it might be time to get a little concerned...

    http://www.cnbc.com/2017/05/22/bitco...bove-2100.html

  2. #3042
    Diamond chinamaniac's Avatar
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    1 Bitcoin equals
    2251.00 US Dollar

     
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      MumblesBadly: Cuh-razy!!!

  3. #3043
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by chinamaniac View Post
    1 Bitcoin equals
    2075.47 US Dollar
    Bump

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      michael: hof song
      
      Cupid Stunt: lol, who did this?

  5. #3045
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    Bitcoin ATM update. Machine is an overpriced piece of junk. It looks nice but the guys running the company are morons. Not a lot of features but the machine is operational.

    The machine has done over $10,000 in volume already. And I might have caught a whale, he emailed me saying he wants to buy a 5 figure sum this week. The small transactions are losing money. If you buy 20 bucks worth of bitcoin and the fee is 6%, the customer will get $18.80 worth of bitcoin but the atm operator will most likely lose money because the transaction fees will be higher than $1.20 fee he collects. Sometimes the transaction fees are $3 bucks!

  6. #3046
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by snake_in_the_ass View Post
    Bitcoin ATM update. Machine is an overpriced piece of junk. It looks nice but the guys running the company are morons. Not a lot of features but the machine is operational.

    The machine has done over $10,000 in volume already. And I might have caught a whale, he emailed me saying he wants to buy a 5 figure sum this week. The small transactions are losing money. If you buy 20 bucks worth of bitcoin and the fee is 6%, the customer will get $18.80 worth of bitcoin but the atm operator will most likely lose money because the transaction fees will be higher than $1.20 fee he collects. Sometimes the transaction fees are $3 bucks!
    You're locked in to their fee schedule?

    I was looking at my wallet for the first time since the start of baseball.

    The transaction history is adjusted for today's bitcoin price. The bitcoin I shipped to my online sports book has almost doubled since 4/14

    A lot of risk & a lot of sweats just to stay at par. A little tilting.
    Last edited by Sanlmar; 05-23-2017 at 08:10 AM.

  7. #3047
    Plutonium Sanlmar's Avatar
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    Sonatine and this thread gonna be a monster in Japan next month.

    Lotta new posters with broken English and tears

  8. #3048
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by snake_in_the_ass View Post
    Bitcoin ATM update. Machine is an overpriced piece of junk. It looks nice but the guys running the company are morons. Not a lot of features but the machine is operational.

    The machine has done over $10,000 in volume already. And I might have caught a whale, he emailed me saying he wants to buy a 5 figure sum this week. The small transactions are losing money. If you buy 20 bucks worth of bitcoin and the fee is 6%, the customer will get $18.80 worth of bitcoin but the atm operator will most likely lose money because the transaction fees will be higher than $1.20 fee he collects. Sometimes the transaction fees are $3 bucks!
    You're locked in to their fee schedule?

    I was looking at my wallet for the first time since the start of baseball.

    The transaction history is adjusted for today's bitcoin price. The bitcoin I shipped to my online sports book has almost doubled since 4/14

    A lot of risk & a lot of sweats just to stay at par. A little tilting.
    Yeah but I can change wallets but I doubt that will help. The money is made on the big transactions. And I don't have the machine set up properly yet. I want to reduce risk by having the machine buy BTC immediately as soon as someone purchases some at the machine. As an example, if the fee for using the machine is 10% and you insert a hundred dollar bill, you would get $90 worth of BTC. I want the machine to buy on bitstamp $90 worth of BTC to replace it immediately. And dealing with the banks is a nightmare. You got no chance of opening an account with a major bank if u tell them you are dealing with bitcoin ATMs, you gotta go to a trashy asian owned bank who don't give a fuck. Kind of fun but a huge headache too. I am just the I.T. guy, my buddy is fronting on the $$$.

  9. #3049
    Plutonium Sanlmar's Avatar
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    If your buddy isn't posting a daily Bitcoin chart on the machine he's an idiot & lacks hustle

    Paste a CNBC quote about Bitcoin

    You're selling scratch tickets.

  10. #3050
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    Quote Originally Posted by Sanlmar View Post
    If your buddy isn't posting a daily Bitcoin chart on the machine he's an idiot & lacks hustle

    Paste a CNBC quote about Bitcoin

    You're selling scratch tickets.
    Check out $GBTC, it did a moonshot today but has given up a lot of the gains. Usually indicative of a pending correction. We shall see.

  11. #3051
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    1 Bitcoin equals
    2439.96 US Dollar

  12. #3052
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    Quote Originally Posted by chinamaniac View Post
    1 Bitcoin equals
    2439.96 US Dollar
    Terrell Owens is stone broke, right?

    You're prolly not wrong China. Welcome to the brotherhood

  13. #3053
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    The way it keeps rebounding after dropping 3% (my phone app alert is set to that) has been crazy. I fear owing any coin at the moment.

  14. #3054
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    Quote Originally Posted by chinamaniac View Post





    HOF

     
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      Sanlmar: Never saw that one. Much love

  15. #3055
    Plutonium Sanlmar's Avatar
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    11-30-13 it was $1200

    In 3.5 years you got a double.

    Do you know how many stocks have done that without inducing vomit

    It's lies and statistics but I feel obliged

  16. #3056
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    Quote Originally Posted by Sanlmar View Post
    11-30-13 it was $1200

    In 3.5 years you got a double.

    Do you know how many stocks have done that without inducing vomit

    It's lies and statistics but I feel obliged
    Bitcoin market cap = 40 billion. Apple stock moving up or down 8 points = 40 billion.
    Whats my point? Who the fuck knows what can happen if this is a global mania and everyone wants in. I still feel a correction is imminent but then again I bet on the Cardinals and Rangers and Giants last night in MLB.

  17. #3057
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    Quote Originally Posted by snake_in_the_ass View Post
    Quote Originally Posted by Sanlmar View Post
    11-30-13 it was $1200

    In 3.5 years you got a double.

    Do you know how many stocks have done that without inducing vomit

    It's lies and statistics but I feel obliged
    Bitcoin market cap = 40 billion. Apple stock moving up or down 8 points = 40 billion.
    Whats my point? Who the fuck knows what can happen if this is a global mania and everyone wants in. I still feel a correction is imminent but then again I bet on the Cardinals and Rangers and Giants last night in MLB.
    Check out Bezos wealth when Amazon moves $10. That'll impress you.

    Cardinals was good value vs Kershaw. 13 innings with luckbox Dodger win. No tears & being right hurts short term sometimes

    I find myself praying for the ETF approval so you can short like a white man with fiat. One time, pleaaaaaase before the smackdown

  18. #3058
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    1 Bitcoin equals
    2575.03 US Dollar



  19. #3059
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    1 Bitcoin equals
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      jacosta24:

  20. #3060
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    Guess poker wasn't faggot

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