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Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 4:16 pm
by goeagles
Ran comes across as a bit of a charlatan on Twitter.

Bimbo, you claim Bitcoin has no value. I'd wager the Venezuelans using it to survive would disagree. I've used Bitcoin around 10 times this week so I naturally find it to have significant value on a personal level as well.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 4:23 pm
by bimboman
goeagles wrote:Ran comes across as a bit of a charlatan on Twitter.

Bimbo, you claim Bitcoin has no value. I'd wager the Venezuelans using it to survive would disagree. I've used Bitcoin around 10 times this week so I naturally find it to have significant value on a personal level as well.

What did you buy with Bitcoin this week ?

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 4:24 pm
by sorCrer
goeagles wrote:Ran comes across as a bit of a charlatan on Twitter.

Bimbo, you claim Bitcoin has no value. I'd wager the Venezuelans using it to survive would disagree. I've used Bitcoin around 10 times this week so I naturally find it to have significant value on a personal level as well.
Yeah he does but he is a serious businessman. I've done work for him years ago.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 4:31 pm
by goeagles
bimboman wrote:
goeagles wrote:Ran comes across as a bit of a charlatan on Twitter.

Bimbo, you claim Bitcoin has no value. I'd wager the Venezuelans using it to survive would disagree. I've used Bitcoin around 10 times this week so I naturally find it to have significant value on a personal level as well.

What did you buy with Bitcoin this week ?
Cashed out of various online sportsbooks and deposited to others to take advantage of bonuses and be better capitalized at some.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 4:33 pm
by goeagles
sorCrer wrote:
goeagles wrote:Ran comes across as a bit of a charlatan on Twitter.

Bimbo, you claim Bitcoin has no value. I'd wager the Venezuelans using it to survive would disagree. I've used Bitcoin around 10 times this week so I naturally find it to have significant value on a personal level as well.
Yeah he does but he is a serious businessman. I've done work for him years ago.
I don't doubt that he is a serious businessman or is good at making money. More concerned with shilling shady products like ZCL.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 4:36 pm
by bimboman
goeagles wrote:
bimboman wrote:
goeagles wrote:Ran comes across as a bit of a charlatan on Twitter.

Bimbo, you claim Bitcoin has no value. I'd wager the Venezuelans using it to survive would disagree. I've used Bitcoin around 10 times this week so I naturally find it to have significant value on a personal level as well.

What did you buy with Bitcoin this week ?
Cashed out of various online sportsbooks and deposited to others to take advantage of bonuses and be better capitalized at some.

We have online gambling legalised here.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 4:41 pm
by goeagles
bimboman wrote:
goeagles wrote:
bimboman wrote:
goeagles wrote:Ran comes across as a bit of a charlatan on Twitter.

Bimbo, you claim Bitcoin has no value. I'd wager the Venezuelans using it to survive would disagree. I've used Bitcoin around 10 times this week so I naturally find it to have significant value on a personal level as well.

What did you buy with Bitcoin this week ?
Cashed out of various online sportsbooks and deposited to others to take advantage of bonuses and be better capitalized at some.

We have online gambling legalised here.
Sports betting is legal in the US as well. Offshore books still offer some of the best odds around (UK books are a hellscape) and a greater variety of events. In any case, what does the legality of sports betting in the UK have to do with the fact that Bitcoin has a specific use case that gives it part of its value, which you previously claimed didn't exist?

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 5:06 pm
by sorCrer
bimboman wrote:That makes it even more likely the fed will not let happen uncontrolled.
I'm just glad you're back on this fred and not getting your arse handed to you on the Brexit one anymore. :((

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 5:07 pm
by bimboman
Sorry, bitcoins great for illegal spending. That’s the use it has, you’ll
Me drug dealers like it as well next.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 5:09 pm
by bimboman
sorCrer wrote:
bimboman wrote:That makes it even more likely the fed will not let happen uncontrolled.
I'm just glad you're back on this fred and not getting your arse handed to you on the Brexit one anymore. :((

Yeah, I’m glad you’ve made your billions and are still in the stack.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 5:24 pm
by sewa
bimboman wrote:Sorry, bitcoins great for illegal spending. That’s the use it has, you’ll
Me drug dealers like it as well next.
Overdid the wine mate. That post is barely legible

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 5:27 pm
by goeagles
bimboman wrote:Sorry, bitcoins great for illegal spending. That’s the use it has, you’ll
Me drug dealers like it as well next.
Bitcoin is great for censorship-resistant spending. Glad you've come around to the fact that Bitcoin does have value, though. BTW, it's not good for drug dealers since it leaves a very public paper trail.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 5:27 pm
by bimboman
sewa wrote:
bimboman wrote:Sorry, bitcoins great for illegal spending. That’s the use it has, you’ll
Me drug dealers like it as well next.
Overdid the wine mate. That post is barely legible

Not had a drop. Just a phone typo . I’m not “mate” btw I think you’re loathsome.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 5:29 pm
by bimboman
goeagles wrote:
bimboman wrote:Sorry, bitcoins great for illegal spending. That’s the use it has, you’ll
Me drug dealers like it as well next.
Bitcoin is great for censorship-resistant spending. Glad you've come around to the fact that Bitcoin does have value, though. BTW, it's not good for drug dealers since it leaves a very public paper trail.

I’d expect your gambling profits to be hit eventually....

If you don’t think drug dealer aren’t using crypto, would you like to buy a bridge?

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 5:41 pm
by goeagles
bimboman wrote:
goeagles wrote:
bimboman wrote:Sorry, bitcoins great for illegal spending. That’s the use it has, you’ll
Me drug dealers like it as well next.
Bitcoin is great for censorship-resistant spending. Glad you've come around to the fact that Bitcoin does have value, though. BTW, it's not good for drug dealers since it leaves a very public paper trail.

I’d expect your gambling profits to be hit eventually....

If you don’t think drug dealer aren’t using crypto, would you like to buy a bridge?
You'll have to tell me what you mean by "hit".

Drug dealers are definitely using crypto, but this topic is specifically about Bitcoin. Drug dealers are much more likely to use Monero or other privacy-focused cryptos.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 5:44 pm
by bimboman
goeagles wrote:
bimboman wrote:
goeagles wrote:
bimboman wrote:Sorry, bitcoins great for illegal spending. That’s the use it has, you’ll
Me drug dealers like it as well next.
Bitcoin is great for censorship-resistant spending. Glad you've come around to the fact that Bitcoin does have value, though. BTW, it's not good for drug dealers since it leaves a very public paper trail.

I’d expect your gambling profits to be hit eventually....

If you don’t think drug dealer aren’t using crypto, would you like to buy a bridge?
You'll have to tell me what you mean by "hit".

Drug dealers are definitely using crypto, but this topic is specifically about Bitcoin. Drug dealers are much more likely to use Monero or other privacy-focused cryptos.

If there's a public paper trail I'd expect the authorities to be monitoring them, if not now eventually.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 5:46 pm
by goeagles
bimboman wrote:
goeagles wrote:
bimboman wrote:
goeagles wrote:
bimboman wrote:Sorry, bitcoins great for illegal spending. That’s the use it has, you’ll
Me drug dealers like it as well next.
Bitcoin is great for censorship-resistant spending. Glad you've come around to the fact that Bitcoin does have value, though. BTW, it's not good for drug dealers since it leaves a very public paper trail.

I’d expect your gambling profits to be hit eventually....

If you don’t think drug dealer aren’t using crypto, would you like to buy a bridge?
You'll have to tell me what you mean by "hit".

Drug dealers are definitely using crypto, but this topic is specifically about Bitcoin. Drug dealers are much more likely to use Monero or other privacy-focused cryptos.

If there's a public paper trail I'd expect the authorities to be monitoring them, if not now eventually.
I already report and pay taxes on my winnings so there is nothing to "hit".

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 6:02 pm
by bimboman
Cool, do you think that's common with gamblers using offshore sites. ?

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 6:04 pm
by sewa
bimboman wrote:
sewa wrote:
bimboman wrote:Sorry, bitcoins great for illegal spending. That’s the use it has, you’ll
Me drug dealers like it as well next.
Overdid the wine mate. That post is barely legible

Not had a drop. Just a phone typo . I’m not “mate” btw I think you’re loathsome.
I am so far under your skin its hilarious

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 6:16 pm
by bimboman
sewa wrote:
bimboman wrote:
sewa wrote:
bimboman wrote:Sorry, bitcoins great for illegal spending. That’s the use it has, you’ll
Me drug dealers like it as well next.
Overdid the wine mate. That post is barely legible

Not had a drop. Just a phone typo . I’m not “mate” btw I think you’re loathsome.
I am so far under your skin its hilarious

:lol, what ever it takes for you to get through the night. I'm currently sitting in your front room, drinking your beer....

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 6:23 pm
by goeagles
bimboman wrote:Cool, do you think that's common with gamblers using offshore sites. ?
The vast majority of gamblers are losing players so have nothing to report. I can't say for sure but I think most pros/sharps are reporting their winnings. Remind me what any of that has to do with Bitcoin's value again?

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 6:27 pm
by bimboman
goeagles wrote:
bimboman wrote:Cool, do you think that's common with gamblers using offshore sites. ?
The vast majority of gamblers are losing players so have nothing to report. I can't say for sure but I think most pros/sharps are reporting their winnings. Remind me what any of that has to do with Bitcoin's value again?

We're discussing its inherent value as a transaction aid. I was asking what use it has, you've assured me in the 4 years it's nominal value has rocketed it is still only being used for rather dubious trades.

I was wrong though it does have uses.

I surprised your still working though; $250 - $7,500 should have seen you retired.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 6:39 pm
by sorCrer
bimboman wrote:
goeagles wrote:
bimboman wrote:Cool, do you think that's common with gamblers using offshore sites. ?
The vast majority of gamblers are losing players so have nothing to report. I can't say for sure but I think most pros/sharps are reporting their winnings. Remind me what any of that has to do with Bitcoin's value again?

We're discussing its inherent value as a transaction aid. I was asking what use it has, you've assured me in the 4 years it's nominal value has rocketed it is still only being used for rather dubious trades.

I was wrong though it does have uses.

I surprised your still working though; $250 - $7,500 should have seen you retired.
I have at 49 kinda semi-retired as I still get royalties on software. Although to be frank, I did at $16k so am down 2/3rds since then. :lol: :lol: :lol:

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 6:55 pm
by bimboman
sorCrer wrote:
bimboman wrote:
goeagles wrote:
bimboman wrote:Cool, do you think that's common with gamblers using offshore sites. ?
The vast majority of gamblers are losing players so have nothing to report. I can't say for sure but I think most pros/sharps are reporting their winnings. Remind me what any of that has to do with Bitcoin's value again?

We're discussing its inherent value as a transaction aid. I was asking what use it has, you've assured me in the 4 years it's nominal value has rocketed it is still only being used for rather dubious trades.

I was wrong though it does have uses.

I surprised your still working though; $250 - $7,500 should have seen you retired.
I have at 49 kinda semi-retired as I still get royalties on software. Although to be frank, I did at $16k so am down 2/3rds since then. :lol: :lol: :lol:

Sell half to keep half etc !

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 7:02 pm
by Anonymous 1
bimboman wrote:
goeagles wrote:Ran comes across as a bit of a charlatan on Twitter.

Bimbo, you claim Bitcoin has no value. I'd wager the Venezuelans using it to survive would disagree. I've used Bitcoin around 10 times this week so I naturally find it to have significant value on a personal level as well.

What did you buy with Bitcoin this week ?
Venezuela

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 7:06 pm
by goeagles
bimboman wrote:
goeagles wrote:
bimboman wrote:Cool, do you think that's common with gamblers using offshore sites. ?
The vast majority of gamblers are losing players so have nothing to report. I can't say for sure but I think most pros/sharps are reporting their winnings. Remind me what any of that has to do with Bitcoin's value again?

We're discussing its inherent value as a transaction aid. I was asking what use it has, you've assured me in the 4 years it's nominal value has rocketed it is still only being used for rather dubious trades.

I was wrong though it does have uses.

I surprised your still working though; $250 - $7,500 should have seen you retired.
:lol: My favorite part of your snark is how confident you are in it and how you're wrong almost every time because you just make shit up and hope it sticks.

Skyrocketed value in 4 years? What a strange timeline to use given 2014 was a bear market and 2013 was not.

Only being used for rather dubious trades? Interesting moral judgment after you proudly explained that online gambling was legal in the UK. Of course that was just one use case. Feel free to google "Bitcoin Venezuela" for a more important demonstrated use case. Or even understand that its primary use, particularly in the West, right now is as a hedge against inflation and bad governance, basically gold 2.0.

As for $250-$7500, you are once again making this us as you go. I only became a BTC holder in 2017 when the online sportsbooks really started accepting it.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 7:14 pm
by bimboman
goeagles wrote:
bimboman wrote:
goeagles wrote:
bimboman wrote:Cool, do you think that's common with gamblers using offshore sites. ?
The vast majority of gamblers are losing players so have nothing to report. I can't say for sure but I think most pros/sharps are reporting their winnings. Remind me what any of that has to do with Bitcoin's value again?

We're discussing its inherent value as a transaction aid. I was asking what use it has, you've assured me in the 4 years it's nominal value has rocketed it is still only being used for rather dubious trades.

I was wrong though it does have uses.

I surprised your still working though; $250 - $7,500 should have seen you retired.
:lol: My favorite part of your snark is how confident you are in it and how you're wrong almost every time because you just make shit up and hope it sticks.

Skyrocketed value in 4 years? What a strange timeline to use given 2014 was a bear market and 2013 was not.

Only being used for rather dubious trades? Interesting moral judgment after you proudly explained that online gambling was legal in the UK. Of course that was just one use case. Feel free to google "Bitcoin Venezuela" for a more important demonstrated use case. Or even understand that its primary use, particularly in the West, right now is as a hedge against inflation and bad governance, basically gold 2.0.

As for $250-$7500, you are once again making this us as you go. I only became a BTC holder in 2017 when the online sportsbooks really started accepting it.

Wrong about what ? It being used for anything in the mainstream ? It's intrinsic value ?

I make no moral judgement but bit coin isn't going to be a payment method used, it isn't going to change the world and eventually it will collapse.

As of Venuzaula , that's another reason it's adoption in the west will be controlled not made more widespread.

Good for you on gambling , but don't equate that with the actual real world,of commerce we were promised over the now years.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 7:35 pm
by Anonymous 1
One day people will be able to buy a big mac for 1 bitcoin. It's here to stay

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 8:49 pm
by sorCrer
Seneca of the Night wrote:
Anonymous. wrote:One day people will be able to buy a big mac for 1 bitcoin. It's here to stay
Probably. Nothing escapes the taxman though, so that needs to be worked out.
Has to be declared to the Receiver here. I think in the US too?

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 9:00 pm
by argus
Gambing is not real commerce ???

Have you not seen picture of vegas , etc?

What is real commerce in your opinion ?

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 9:10 pm
by bimboman
argus wrote:Gambing is not real commerce ???

Have you not seen picture of vegas , etc?

What is real commerce in your opinion ?

Can you use bitcoin in Vegas ?

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 9:15 pm
by sorCrer
bimboman wrote:
argus wrote:Gambing is not real commerce ???

Have you not seen picture of vegas , etc?

What is real commerce in your opinion ?

Can you use bitcoin in Vegas ?
I don't think for gambling directly but there are Bitcoin ATM's at some casinos.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 9:16 pm
by argus
bimboman wrote:
argus wrote:Gambing is not real commerce ???

Have you not seen picture of vegas , etc?

What is real commerce in your opinion ?

Can you use bitcoin in Vegas ?
Does not matter

You said that gaming is not real commerce which obviously it is

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 9:19 pm
by bimboman
argus wrote:
bimboman wrote:
argus wrote:Gambing is not real commerce ???

Have you not seen picture of vegas , etc?

What is real commerce in your opinion ?

Can you use bitcoin in Vegas ?
Does not matter

You said that gaming is not real commerce which obviously it is

Have you seen pictures of the off shore sports books ?

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Thu Aug 30, 2018 9:43 pm
by argus
I can not follow your logic

This is a potential payment method

Previously people were paid in cash, then check then direct deposit

Credit cards were not always used and some places still do not accept them

Other places accept payment in Apple Pay, venmo, etc

This may or may not be more widely accepted in the future

But to dismiss it because you do not think gaming is not real commerce is strange

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Wed Sep 05, 2018 3:54 pm
by The Sun God

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Wed Sep 05, 2018 4:05 pm
by sorCrer
Has been. Managed to sell on the that news and get in 3.5% cheaper.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Wed Sep 05, 2018 4:20 pm
by The Sun God
sorCrer wrote:
Has been. Managed to sell on the that news and get in 3.5% cheaper.
I think I might have stayed short a little longer to see where the land lays....

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Wed Sep 05, 2018 4:37 pm
by sorCrer
The Sun God wrote:
sorCrer wrote:
Has been. Managed to sell on the that news and get in 3.5% cheaper.
I think I might have stayed short a little longer to see where the land lays....
I do have an XRP order at 0.293 so will see if the 0.3 gets broken. Looks hesitant.

Re: €100 of Bitcoin in 2010 = €70m today

Posted: Wed Sep 05, 2018 4:45 pm
by bimboman
sorCrer wrote:
The Sun God wrote:
sorCrer wrote:
Has been. Managed to sell on the that news and get in 3.5% cheaper.
I think I might have stayed short a little longer to see where the land lays....
I do have an XRP order at 0.293 so will see if the 0.3 gets broken. Looks hesitant.

Do you bank any of your profits ?