The Cryptocurrency Thread

[Olorun22]

I kept telling myself "when BTC has a significant drop I'll start investing a lil" about $15k ago

It's not going to drop because the dollar is being inflated but the stimulus checks

 

[Banginscrew901]

Mane i feel like it's some foolery going on in here

 

[Olorun22]

Mane i feel like it's some foolery going on in here

It is hell

 

[M4nh4tt4n]

This is 5 minute video is what I was tryna say a few days ago about BTC/USD 12% inflation. I ain’t the most articulate, tho.

World's first ever Bitcoin bank allows transaction in US dollars

Zap founder Jack Mallers discusses the future of cryptocurrency and granting access to Bitcoin through his platform.

finance.yahoo.com

 

[M4nh4tt4n]

Actually, $31,500 as of 9:14 AM EST...

 

[Banginscrew901]

Actually, $31,500 as of 9:14 AM EST...
View attachment 433793

So if I wanted to purchase one bitcoin it would cost me 31,500.00???

 

[AZTG]

Good shit bitcoin

 

[M4nh4tt4n]

So if I wanted to purchase one bitcoin it would cost me 31,500.00???

Spend $50 on Henny/papers. Swipe with your $app card. You’ll get like 10,000 Satoshis (0.00010000BTC) deposited into your $app BTC wallet.

 

[M4nh4tt4n]

Or just buy $100. My links will get you a free $25BTC added to your account ($125BTC). That’s 25% ROI in a few minutes...

 

[DOS_patos]

Seems like bitcoin is as strong as the last investors.

But I know nothing

 

[M4nh4tt4n]

So if I wanted to purchase one bitcoin it would cost me 31,500.00???

Not anymore. $32,704.32 12:33 PM EST...

 

[M4nh4tt4n]

Seems like bitcoin is as strong as the last investors.

But I know nothing

Well I ain’t going busto until the Rothschild’s and Rockefeller’s get fucked. They got in a few years after I did. GrayScale holds about 1M. Bitcoins, not dollars. MicroStrategy went balls deep. CashApp recently. PayPal just got in last month.

 

[Banginscrew901]

Or just buy $100. My links will get you a free $25BTC added to your account ($125BTC). That’s 25% ROI in a few minutes...

So am i just buying a portion of bitcoin until I purchase enough to get 1 whole bitcoin?

Is this like how they do,you'll spend 50$ a week until you get the whole ounce of gold?

 

[M4nh4tt4n]

So am i just buying a portion of bitcoin until I purchase enough to get 1 whole bitcoin?

Is this like how they do,you'll spend 50$ a week until you get the whole ounce of gold?

Naw. You buy whatever whenever. You can set it up to DCA in, tho.

 

[M4nh4tt4n]

BTC is divisible to 1 Satoshi (0.00000001). Like dollars is divisible to a penny.

 

[M4nh4tt4n]

But Satoshi knew BTC would be worth >1M, so divisible to 0.00 would be pointless. Like today 0.01 is $310. No way to buy weed or groceries like that, so he scaled it to 8 digits after the decimal.

 

[Banginscrew901]

Naw. You buy whatever whenever. You can set it up to DCA in, tho.

But you just said above it cost 32k. So if I'm only spending a 100.00 $ am I not buying a portion/percentage of 1 bitcoin??

 

[M4nh4tt4n]

Yeah.

 

[Inori]

So if I wanted to purchase one bitcoin it would cost me 31,500.00???

nah you can buy fractions of it. Like if you wanted to buy $100 worth of bitcoin..right now you would get around 0.0030 BTC.

You dont have to buy it as a whole

 

[Banginscrew901]

nah you can buy fractions of it. Like if you wanted to buy $100 worth of bitcoin..right now you would get around 0.0030 BTC.

You dont have to buy it as a whole

Yea I get that, that's what I was asking or saying so I'm buying a portion of 1 bitcoin unless I spend the 32k to buy 1 bitcoin