I just sold all my belongings and bought bitcoin!

Discussion in 'The Tavern' started by Paul Bellow, Dec 9, 2017.

  1. Paul Bellow

    Paul Bellow Forum Game Master Staff Member Shop Owner LitRPG Author Citizen Aspiring Writer

    100%
    Messages:
    7,969
    Likes:
    6,344
    xp:
    5,313
    Zone:
    Midwest, US
    LitCoin:
    749,822
    Zorkmid:
    181
  2. Paul Bellow

    Paul Bellow Forum Game Master Staff Member Shop Owner LitRPG Author Citizen Aspiring Writer

    100%
    Messages:
    7,969
    Likes:
    6,344
    xp:
    5,313
    Zone:
    Midwest, US
    LitCoin:
    749,822
    Zorkmid:
    181
    That's a tulip, by the way. ;)
     
    Alexis Keane likes this.
  3. Seagrim

    Seagrim Level 18 (Magician) LitRPG Author Citizen

    35%
    Messages:
    831
    Likes:
    1,302
    xp:
    935
    LitCoin:
    509,000
    Zorkmid:
    28
    I knew that...It's always best to get in on the craze around the middle, then sell to the ones who come late to the party and walk away flush. Just don't screw up the timing.
     
    Paul Bellow and Alexis Keane like this.
  4. Alexis Keane

    Alexis Keane Level 14 (Defender) Roleplaying Beta Reader Citizen Aspiring Writer

    62%
    Messages:
    422
    Likes:
    577
    xp:
    562
    LitCoin:
    179,779
    Zorkmid:
    275
    Well... someone just saw a video about the bitcoin bubble and tulip mania :)
     
    Seagrim and Paul Bellow like this.
  5. Paul Bellow

    Paul Bellow Forum Game Master Staff Member Shop Owner LitRPG Author Citizen Aspiring Writer

    100%
    Messages:
    7,969
    Likes:
    6,344
    xp:
    5,313
    Zone:
    Midwest, US
    LitCoin:
    749,822
    Zorkmid:
    181
    lol no i knew about tulips from before.

    made a bit of coin on ethereum and litecoin this year. bought some in august. just sold around half of it then days later price of both spiked

    a lot of people are saying the high-end is a lot higher. winklevoss twins too. heh. funny all the way down.
     
    Seagrim and Alexis Keane like this.
  6. Alexis Keane

    Alexis Keane Level 14 (Defender) Roleplaying Beta Reader Citizen Aspiring Writer

    62%
    Messages:
    422
    Likes:
    577
    xp:
    562
    LitCoin:
    179,779
    Zorkmid:
    275
    i was watching bitcoin when it was at $80-120... it's gone a long way since then... I wish I had bought some at the time, but I just didn't have the money... oh well
     
    Readsalot and Paul Bellow like this.
  7. Paul Bellow

    Paul Bellow Forum Game Master Staff Member Shop Owner LitRPG Author Citizen Aspiring Writer

    100%
    Messages:
    7,969
    Likes:
    6,344
    xp:
    5,313
    Zone:
    Midwest, US
    LitCoin:
    749,822
    Zorkmid:
    181
    I fricken remember that dude who bought a pizza with it. Haha. That's funny. smh

    And domain names. If I'd been smarter back in the early 90's. Heh.

    Hopefully net neutrality damage ain't too bad.

    [​IMG]
     
    Alexis Keane likes this.
  8. Alexis Keane

    Alexis Keane Level 14 (Defender) Roleplaying Beta Reader Citizen Aspiring Writer

    62%
    Messages:
    422
    Likes:
    577
    xp:
    562
    LitCoin:
    179,779
    Zorkmid:
    275
    That's a bit like Oppenheimer saying, hopefully it'll only be a small bang.
     
    Paul Bellow likes this.
  9. Paul Bellow

    Paul Bellow Forum Game Master Staff Member Shop Owner LitRPG Author Citizen Aspiring Writer

    100%
    Messages:
    7,969
    Likes:
    6,344
    xp:
    5,313
    Zone:
    Midwest, US
    LitCoin:
    749,822
    Zorkmid:
    181
    I have become throttling, destroyer of websites.

    [​IMG]
     
    Viergacht and Alexis Keane like this.
  10. Viergacht

    Viergacht Thunderdragon Roleplaying LitRPG Author Beta Reader Citizen Aspiring Writer

    94%
    Messages:
    730
    Likes:
    1,170
    xp:
    894
    Zone:
    South Africa
    LitCoin:
    0
    Zorkmid:
    0
    I'm gonna miss all you American friends.
     
    Alexis Keane likes this.
  11. Seagrim

    Seagrim Level 18 (Magician) LitRPG Author Citizen

    35%
    Messages:
    831
    Likes:
    1,302
    xp:
    935
    LitCoin:
    509,000
    Zorkmid:
    28
    Well, then, it probably would have been a good idea to run it through Congress and get it passed, you know, like a real law instead of bragging, "I have a pen" and using a pet bureaucrat to bypass Congress and that whole Constitutional, lawmaking thing we've got.
     
    Alexis Keane likes this.
  12. Dawn Chapman

    Dawn Chapman Level 11 (Thief) LitRPG Author Citizen

    18%
    Messages:
    159
    Likes:
    302
    xp:
    309
    LitCoin:
    251,844
    Zorkmid:
    83
    I see it all over the place, but I have no idea what it is.... hides in her writing corner of the world most of the time....
     
  13. CheshirePhoenix

    CheshirePhoenix Crazy Hermit on the Hill LitRPG Author Beta Reader Citizen Editor Aspiring Writer

    96%
    Messages:
    1,275
    Likes:
    1,661
    xp:
    996
    LitCoin:
    930,334
    Zorkmid:
    142
    I wish I could afford one whole bitcoin by selling everything I own, plus a kidney.
     
    Alexis Keane, Seagrim and Paul Bellow like this.
  14. Seagrim

    Seagrim Level 18 (Magician) LitRPG Author Citizen

    35%
    Messages:
    831
    Likes:
    1,302
    xp:
    935
    LitCoin:
    509,000
    Zorkmid:
    28
    If you're going to do that, then sell your kidney for Bitcoin out on the black market. It's always better to get them right from the source than running through the moneychangers.

    Also, it would be better to sell someone else's kidney.

    I think Burke and Hare ltd is possibly looking for a new partner for the firm.
     
  15. Paul Bellow

    Paul Bellow Forum Game Master Staff Member Shop Owner LitRPG Author Citizen Aspiring Writer

    100%
    Messages:
    7,969
    Likes:
    6,344
    xp:
    5,313
    Zone:
    Midwest, US
    LitCoin:
    749,822
    Zorkmid:
    181
    Didi Taihutto sold his house in the Netherlands, all his furniture, three cars, and a motorcycle. He only kept the things he truly couldn't part with: His photo albums, a few mementos, and his laptop. Together with his wife Romaine and their three children, he now lives in a tiny house on a Dutch campground not far from the German border.


    The Taihuttos exchanged nearly all of their income for Bitcoins. The 39-year-old Taihutto is convinced that he'll be able to triple the family's assets through Bitcoin speculation within the next three years. But wealth isn't these two parents' only focus. Taihutto and his wife avoid, above all, things that keep them from leading their lives the way they want.

    Taihutto wants to secure the livelihoods of his family as a so-called day trader—in other words, a speculator who invests in cryptocurrency with the promise of high returns within a short time. We recently spoke with him about his work and about what it means to leave everything behind as a family of five.


    https://motherboard.vice.com/en_us/...family-who-sold-their-belongings-for-bitcoins

    1508763540565-18664352_1350202991713735_372404096002750758_n.jpeg
     
    azukilemons, Alexis Keane and Seagrim like this.
  16. Alexis Keane

    Alexis Keane Level 14 (Defender) Roleplaying Beta Reader Citizen Aspiring Writer

    62%
    Messages:
    422
    Likes:
    577
    xp:
    562
    LitCoin:
    179,779
    Zorkmid:
    275
    Late to the party, I hope they do well... but...
     
  17. DanyaWlasko

    DanyaWlasko Level 8 (Thug) Beta Reader Citizen

    54%
    Messages:
    23
    Likes:
    34
    xp:
    177
    LitCoin:
    1,410,503
    Zorkmid:
    189
    I don't get it. What is the point of the tulip? Is it somehow connected with bitcoins? *slowpoke*
     
    Alexis Keane and Paul Bellow like this.
  18. Windfall

    Windfall Level 17 (Theurgist) LitRPG Author Citizen

    25%
    Messages:
    617
    Likes:
    976
    xp:
    825
    LitCoin:
    802,134
    Zorkmid:
    48
    I really dislike the whole speculation business. I know I should go live under a rock or something, but the idea of how you can use money to make more money without creating any real value for anyone doesn't sit well with me. It's just... numbers, right?


    The bubble's gonna pop and people are going to get hurt.
    https://en.wikipedia.org/wiki/Tulip_mania
     
  19. DanyaWlasko

    DanyaWlasko Level 8 (Thug) Beta Reader Citizen

    54%
    Messages:
    23
    Likes:
    34
    xp:
    177
    LitCoin:
    1,410,503
    Zorkmid:
    189
    Interesting. Thanks.
     
    Alexis Keane and Paul Bellow like this.
  20. Seagrim

    Seagrim Level 18 (Magician) LitRPG Author Citizen

    35%
    Messages:
    831
    Likes:
    1,302
    xp:
    935
    LitCoin:
    509,000
    Zorkmid:
    28
    It's a reference to the Tulip Mania of the Dutch Republic in 1637. Speculation in, of all things, tulips caused an insane market bubble. Here's a wikipedia link to it.

    https://en.wikipedia.org/wiki/Tulip_mania

    If I remember the history right, commodities futures were created then, when people were investing in future tulip crops. Needless to say, when the tulip bubble popped, it was ugly for anyone who had tulips and no cash.
     




Share This Page