redstripe Posted May 13, 2022 Author Report Share Posted May 13, 2022 1 minute ago, IAG said: He can’t move his PP coins..he would have to sell there, trigger tax events, and rebuy at somewhere else…Red isn’t stupid, but tech is not his thing, had trouble buying the coins on PP, best for him to just let sit and HODL …Chainsaw has bigger fish to fry. ..like in the Ungar room lol Quote Link to comment Share on other sites More sharing options...
HurryUpAndDrink Posted May 13, 2022 Report Share Posted May 13, 2022 18 minutes ago, MonkeyF0cker said: Easily buying things with crypto will never happen. Takes too long to confirm transactions. Crypto is actually far more traceable than cash. It's certainly not anonymous. BINGO BANGO Quote Link to comment Share on other sites More sharing options...
WeinkeToWarrick Posted May 13, 2022 Report Share Posted May 13, 2022 3 minutes ago, redstripe said: So what if ledger.com went under? Isn't that just another extension of someone hold it ? No Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted May 13, 2022 Report Share Posted May 13, 2022 I've bought 30-40k in gift cards with crypto in the past. Quote Link to comment Share on other sites More sharing options...
WeinkeToWarrick Posted May 13, 2022 Report Share Posted May 13, 2022 1 minute ago, HurryUpAndDrink said: BINGO BANGO check out strike app Quote Link to comment Share on other sites More sharing options...
redstripe Posted May 13, 2022 Author Report Share Posted May 13, 2022 Check out with crypto Access a new way to pay. Sign up for an account and spend crypto at millions of online stores with PayPal. Checking out with crypto is a taxable transaction. Fees and exchange rates will apply. Buying and selling cryptocurrency is subject to a number of risks and PayPal does not make any recommendations. Consult your tax advisor. Merchants are paid in fiat currency. Quote Link to comment Share on other sites More sharing options...
IAG Posted May 13, 2022 Report Share Posted May 13, 2022 12 minutes ago, redstripe said: Check out with crypto Access a new way to pay. Sign up for an account and spend crypto at millions of online stores with PayPal. Checking out with crypto is a taxable transaction. Fees and exchange rates will apply. Buying and selling cryptocurrency is subject to a number of risks and PayPal does not make any recommendations. Consult your tax advisor. Merchants are paid in fiat currency. That’s the thing. Even most of the stores that “take crypto” have an intermediary to convert, and they are paid in USD. Quote Link to comment Share on other sites More sharing options...
IAG Posted May 13, 2022 Report Share Posted May 13, 2022 23 minutes ago, WeinkeToWarrick said: Have you used Strike app? Looks like unverified accounts have $100 limit per week. Pass. Quote Link to comment Share on other sites More sharing options...
Sam Losco Posted May 13, 2022 Report Share Posted May 13, 2022 21 minutes ago, HurryUpAndDrink said: but I do think BTC is not gonna save us from government control, quite the opposite definitely Quote Link to comment Share on other sites More sharing options...
IAG Posted May 13, 2022 Report Share Posted May 13, 2022 23 minutes ago, HurryUpAndDrink said: and the BOLD part here too... I think u all have made valid points but I do think BTC is not gonna save us from government control, quite the opposite Sadly looks more like that every year. Things have changed in crypto, and not for the better. Quote Link to comment Share on other sites More sharing options...
Sam Losco Posted May 13, 2022 Report Share Posted May 13, 2022 5 minutes ago, IAG said: Sadly looks more like that every year. Things have changed in crypto, and not for the better. the idea was too good to not get corrupted Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted May 13, 2022 Report Share Posted May 13, 2022 See NFTs for an example of worthless, overproduced trash. When Madonna and all of the other squares have jumped on board, you know the ship is sinking... Quote Link to comment Share on other sites More sharing options...
WeinkeToWarrick Posted May 13, 2022 Report Share Posted May 13, 2022 9 minutes ago, Sam Losco said: the idea was too good to not get corrupted The idea hasn’t changed just because there’s more noise around it Quote Link to comment Share on other sites More sharing options...
WeinkeToWarrick Posted May 13, 2022 Report Share Posted May 13, 2022 3 minutes ago, Jimmy Hoffa said: See NFTs for an example of worthless, overproduced trash. When Madonna and all of the other squares have jumped on board, you know the ship is sinking... See post above bitcoin is the signal, the rest is noise Quote Link to comment Share on other sites More sharing options...
IAG Posted May 13, 2022 Report Share Posted May 13, 2022 6 minutes ago, Jimmy Hoffa said: See NFTs for an example of worthless, overproduced trash. When Madonna and all of the other squares have jumped on board, you know the ship is sinking... Never got the NFT thing. Sometimes I think maybe it’s how people used to think about BTC, and maybe I just don’t completely get the NFT thing. Then I think Nah…. Quote Link to comment Share on other sites More sharing options...
IAG Posted May 13, 2022 Report Share Posted May 13, 2022 14 minutes ago, Sam Losco said: the idea was too good to not get corrupted Yep..It was good while it lasted basically reg free. Time will tell…half way til next halving! Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted May 13, 2022 Report Share Posted May 13, 2022 The value of NFTs isn’t pictures of monkeys. The real use case is a blockchain ledger using NFTs to validate ownership. Think stocks. Think collectibles. Video games. Etc. Quote Link to comment Share on other sites More sharing options...
IAG Posted May 13, 2022 Report Share Posted May 13, 2022 7 minutes ago, joeybagadonuts said: The value of NFTs isn’t pictures of monkeys. The real use case is a blockchain ledger using NFTs to validate ownership. Think stocks. Think collectibles. Video games. Etc. So you can prove that you are the owner of a picture of a monkey? I know crypto guys waaayyyy smarter than me who are completely sold on them…I guess I may not see the big NFT picture. I have a few…which reminds me. What been going on with VEVE /OMI? Can u get cash for gems yet? Anyone know? Other than selling on eBay etc? Quote Link to comment Share on other sites More sharing options...
Gmcarroll33 Posted May 13, 2022 Report Share Posted May 13, 2022 15 minutes ago, IAG said: Never got the NFT thing. Sometimes I think maybe it’s how people used to think about BTC, and maybe I just don’t completely get the NFT thing. Then I think Nah…. Me neither. I never understood NFT's from the moment I heard about them. Seems completely stupid. Why have a digital baseball card instead of an actual physical card? You can't hang your child's digital 20k batman poster in his room like you could a physical poster. Oh you have a 30k Delorean that you drive around like you're in a grand theft auto simulation. Blows my mind that anybody ever wanted any of that stuff vs an actual baseball card, poster, or Delorean. Quote Link to comment Share on other sites More sharing options...
IAG Posted May 13, 2022 Report Share Posted May 13, 2022 1 minute ago, Gmcarroll33 said: Me neither. I never understood NFT's from the moment I heard about them. Seems completely stupid. Why have a digital baseball card instead of an actual physical card? You can't hang your child's digital 20k batman poster in his room like you could a physical poster. Oh you have a 30k Delorean that you drive around like you're in a grand theft auto simulation. Blows my mind that anybody ever wanted any of that stuff vs an actual baseball card, poster, or Delorean. Right…I guess because you can prove you own it? I’d rather have the physical…with possession being 9/10ths of the law…but again, I’m open to the idea I’m missing it…? Weird world we live in. Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted May 13, 2022 Report Share Posted May 13, 2022 QUOTES off the wire.............. Another member of the r/terraluna subreddit wrote: ‘I lost over $450,000, I cannot pay the bank. I will lose my home soon. I’ll become homeless.’ ------------------- ‘I should’ve cashed out when it was $100, then I would have been up $25,000. ‘But I got greedy hoping to get more money so I can at least afford a downpayment for a house for my family. I guess no house and savings then. Quote Link to comment Share on other sites More sharing options...
KingKolzig Posted May 13, 2022 Report Share Posted May 13, 2022 how quickly did luna crash? like in 5 mintutes and ppl just logged on and saw disaster? Quote Link to comment Share on other sites More sharing options...
WeinkeToWarrick Posted May 13, 2022 Report Share Posted May 13, 2022 The world is moving digital. At some point, there will conceivably be the digital equivalent of the Mona Lisa. To preserve that Mona Lisa’s ownership, however, will only require security of that persons private keys, not an entire museum of security and preservation. This is effectively the extrapolated argument for the value of NFT’s. That said I don’t own any; never have, and will not likely pursue them as an investment vehicle but will only utilize that technology once it’s reached full adoption (ie, a sporting event ticket) Quote Link to comment Share on other sites More sharing options...
WeinkeToWarrick Posted May 13, 2022 Report Share Posted May 13, 2022 2 minutes ago, KingKolzig said: how quickly did luna crash? like in 5 mintutes and ppl just logged on and saw disaster? Couple days. Wall Street cleaned house Quote Link to comment Share on other sites More sharing options...
WeinkeToWarrick Posted May 13, 2022 Report Share Posted May 13, 2022 2 minutes ago, WeinkeToWarrick said: Couple days. Wall Street cleaned house Quote Link to comment Share on other sites More sharing options...
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