This was supposed to reply to GaGambler. Sorry, I'm new here. Lol
So, has anyone here tried to renew there VIp with Bitcoin here?
Since many don't want to use there cc or have issues using a giftcard.
Just happen to see Bitcoin machines kinda like small atms in a few malls.
Where you can buy Bitcoin.
First was complicated because I never used Bitcoin, but now is not complicated. Once you buy, the minimum amouth is 100 U$S and download de app Blockchain you can buy and sell online. Also you can use your account to receive payments from customers, Is annonymus.
of your best posts ever, and its not even about pussy. As a businessman who deals in large transactions, I couldn't agree more. I will add that with cash transactions, business accounts are rarely flagged or reported by he banks unless a large percentage of the banking transactions are cash. If you're running a few million a month through your business accounts, and ten percent is in cash, it hardly gets noticed, and withdrawing cash is much less of an issue than depositing cash. The threshold on personal consumer accounts is much lower.
This was supposed to reply to GaGambler. Sorry, I'm new here. Lol
I don't do bitcoin. I had to throw cold water on a friend who wanted to mine bitcoins as the price was going up towards $20,000 in late 2017 (now down to around $9,000). There are transaction fees just to make a payment to someone using bitcoin (bitcoin to bitcoin). Anybody have any numbers?
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If you want to "cash out" some bitcoins, there are transaction fees for that, too. The fee for cash-to-bitcoin or bitcoin-to-cash seems to be around 1.5%. If you need $1000 cash to pay for a couple of hours of service, it will cost you an extra $15 which is $15 you won't have to spend on a nice box of wine to bring along.
So, has anyone here tried to renew there VIp with Bitcoin here?
Since many don't want to use there cc or have issues using a giftcard.
Just happen to see Bitcoin machines kinda like small atms in a few malls.
Where you can buy Bitcoin.
You have to think bigger imposter man. There are plenty of crypto currencies that have low transaction fees when you're moving the crypto from person to person (or wallet to wallet).
The current Bitcoin (BTC) transaction fee is $1.57, Litecoin (LTC) is $0.17, Bitcoin Cash (BCH) is $0.06, Ripple (XRP) is $0.005, and Monero is $1.80. These are all highly variable, so if you shop around a little, or are willing to wait awhile, you can always beat the averages. The reason being, you're not paying to use the network like you would be with VISA et all, you're really just paying to increase the chance of a transaction getting included in the next round of processing. You can pay zero, or very low fees, if you're ok with waiting.
You're spot on about the crypto to cash fees, but remember that any digital payment has fees when you get back to "real" money. Either way, you might have to settle for Boone's Farm instead of your favorite box of Franzia.
The link to Walmart has a 5L box of Franzia for 13. Boone’s farm is 4 for .750L. So he’s good to go on Franzia paying 1/2 that of Boone’s Farm LoL
Oh some ugly memories as a teenager getting sick on Boone’s Farm wine 😝
The wine has some wonderful qualities.
For example, just the other night I had a grease fire in my bed, but dumping a bottle of BFW on it put it out in a jiffy.
I'd like to see a pino noir from Napa do that.
The wine has some wonderful qualities.
For example, just the other night I had a grease fire in my bed, but dumping a bottle of BFW on it put it out in a jiffy.
by using Crisco instead of pig fat and then stroke yourself a little slower with a looser grip. Problem solved.
It was 3 in 1 oil, but I've swtiched over to WD40.
I'm keep a fire extinguisher handy also, just in case.
to invest hundreds of dollars into Bitcoin. Just enough to cover your VIP here.
Many drop 25-50 for gift cards but than findout it doesn't work due to the card issuer not allowing card to be used for adult entertainment.
Just enough Bitcoin to fulfil the VIp.
Buying and using bitcoin isn't ever the problem. Maybe it ends up being a little more expensive here and there because of price fluctuations, but realistically it's a few dollars and isn't a big deal.
I get around this by always buying a little more than I'll need, and if I have change, I throw it into some altcoins and forget about it.
The danger is in buying and holding bitcoin while trying to make a profit. That's proved very lucrative for some, and very much the opposite for others.
Bitcoin is climbing again close to 10,000
since this is unregulated, there are guys manipulating the prices? This is like the early days of the penny stock markets. The suckers all want to play but a few billionaires control price movement. its just penny stocks for millennials. Of course its going up. They will slowly raise prices again while the suckers buy into a rising market, then they will crash it again, and buy back in at 40 or 50% less, then start the slow rise all over again. Small players will get fleeced every time. Unless you have the kind of money to hold off a manipulation by a billionaire, you shouldn't be in this market. The regular stock market was the same way prior to the Securities Exchange Act of 1934, which was the result of when Joseph P. Kennedy (father of the President Kennedy) was tapped to reform the stock market because he was one of the biggest manipulators and knew what loopholes had to be closed after the crash of 1929. (He was also a bootlegger during prohibition, but that's another story.)
It's not hard to ride the pump and dump and play along with big players who are manipulating the price.
Also, most crypto is traded off-exchange through brokers. The current exchanges don't have anywhere near the volume to keep up with big money moving crypto around.
It's not hard to ride the pump and dump and play along with big players who are manipulating the price.
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A (not too bright) friend of mine went in on a penny stock for many $k. It soon went up 5x ($1 to $5) and then it started to drop. He couldn't get out. He finally got out as it went back down to $1 and below. He claimed (perhaps to save face) that he at least made a little bit of money but not the many $k he thought he had.
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(I researched the company for him: legit company, real products, just not worth the millions that the planted news stories were promising. "And if New Improved Product X takes off, it will be worth $$$. ... They have been talking to Giant Corp. about supplying Product X to them for $$$. ...")
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You can't dump with the insiders if you don't know the timing of the next planted news stories and their content. Maybe you can TRY to sell at 3x or 4x if you won't regret missing out on 5x. But that's better then 1x or 0.2x. Just checked the company: they have since done a 750:1 reverse split and are trading at pennies.
I thought i had found tbe HolyGrail. When i started playing stick options back in the early 80's.. buy sell.. buy sell... until i bought and could not sell.. Bitcoin seems pretty similar.. i bought $1000 of options and three days later they were worth $5,000.. i sold them and put the $5,000 back in. I had the magic formula... over and over until i put about $25,000 i to a sure thing.. that became worthless.. lesson learned... but i had to pay taxes on the gains.. ugh...
Still have a few in my basement.
If you're trading by hovering over the "sell" button you're doing it wrong.
I very, very rarely place market orders by myself. I have some light automation running on a couple offshore exchanges that pump my coins around for me based on criteria I've set. That and I have a price tracking app that sends me alerts based on all sorts of things, so when things are making big moves I can make sure the automation is handling it properly.
Generally, the most important thing to watch isn't price, but volume. When volume dries up, with it goes liquidity, and that means large price changes and manipulation are possible. I usually push to USDT (which is always worth around a dollar) when the volume dries up. It's not surefire, but I'm happy not chasing the peaks and taking the 2x out of the middle where there's enough volume to avoid fees (by being a maker instead of a taker).
The other side of this is that I don't make big trades in a single coin on exchanges that can't handle it. It's easy to get trapped with a ton of something and not be able to sell it quickly, but it's also an easy enough trap to avoid.