BITCOIN Discussion..........

[Pimike]

ATMs would be cheaper. It’s 2.5% in my area p2p.

In Latin America you can make 5-7% selling BTC for cash.

BAUS

Wow

not in good old USA

 

[JDS]

Wow

not in good old USA

BAUS is sharp, he knows the states rapes everybody here financially.

 

[baus]

BAUS is sharp, he knows the states rapes everybody here financially.

You could say that the Latin American Btc market is quite a bit different than North America.

BAUS

 

[Pimike]

You could say that the Latin American Btc market is quite a bit different than North America.

BAUS

True

 

[Ace7550]

ATMs would be cheaper. It’s 2.5% in my area p2p.

In Latin America you can make 5-7% selling BTC for cash.

BAUS

I sell to a hand full of people here. They like buying from me because they don't have to go through an exchange so no KYC.
Do you know where in Latin America you can get 5-7% above market for btc?

 

[baus]

I sell to a hand full of people here. They like buying from me because they don't have to go through an exchange so no KYC.
Do you know where in Latin America you can get 5-7% above market for btc?

Mexico City and Colombia.

Anywhere there is a surplus of USD and a deficit of BTC…

BAUS

 

[rolandcorts]

Hey Roland,
Sorry if I missed the answer, but are you trying to buy bitcoin or sell bitcoin?

Sell BTC

 

[Brock Landers]

ATMs would be cheaper. It’s 2.5% in my area p2p.

In Latin America you can make 5-7% selling BTC for cash.

BAUS

How are the Fires in ALBERTA??

 

[flyingillini]

1-2% in Vietnam , if that sometimes cheaper.

 

[Ace7550]

Mexico City and Colombia.

Anywhere there is a surplus of USD and a deficit of BTC…

BAUS

Wish there was a way to make that happen. I have lots of excess btc.

 

[Ace7550]

Sell BTC

Me too. I found people at bitcoin meet-ups. They are nerd fests but it was well worth it.

 

[jjgold]

Losers still think they are going to get rich

All the big shots make all the money off the little man

 

[Pimike]

Well we shall see in 7 years

I loaded up more on Ada at 26 cents

 

[Ace7550]

Well we shall see in 7 years

I loaded up more on Ada at 26 cents

Get it Mike!

 

[flyingillini]

Losers still think they are going to get rich

All the big shots make all the money off the little man

JJ, I think I might be the only one here that cashed in on BTC, I was in at the inception, remember at SBR nobody knew what I was talking about. I have not had it for years and never will , no interest at all in it. Hope the whole market collapses to be honest. If people make money great for them.

 

[jjgold]

Illini yes greatest call history of forums


Regs scaring off a lot of people now, brokers starting to get away from it just not worth the headaches of offering it

Robinhood coin volume down 75%
Removing coins monthly

Costs too high

 

[rolandcorts]

BTC is the only sensible crypto but unless people start using it to buy goods/services directly, then you'll always need a middleman such as a bank or exchange which kills the whole purpose really.

The other cryptos are all entirely useless.

Ace, a BTC meetup is a good idea. thanks.

 

[Pimike]

Bitcoin isn’t going anywhere!

Im happy people are running scared.

Only the strong will survive and succeed.

Cypto.com Stadium.

Cardano is made to be used long term. It’s potential growth is even more exciting.

 

[rolandcorts]

All those shitcoins' stated purpose is just to build on top of an already pointless foundation. "Our coin helps you do this and that with other coins." There is no real use case. They don't solve any real world problem. BTC is a currency that provides privacy, transactions can't be blocked like your bank/paypal could, and its value won't be eroded over time because of inflation. If people started using it for daily transactions, all the benefits listed above would be realized. However it doesnt look like that's going to happen, so banks/exchanges will always be necessary, so it is fairly useless really besides gambling transactions.

The other currencies don't have any of that potential.

 

[Ace7550]

All those shitcoins' stated purpose is just to build on top of an already pointless foundation. "Our coin helps you do this and that with other coins." There is no real use case. They don't solve any real world problem. BTC is a currency that provides privacy, transactions can't be blocked like your bank/paypal could, and its value won't be eroded over time because of inflation. If people started using it for daily transactions, all the benefits listed above would be realized. However it doesnt look like that's going to happen, so banks/exchanges will always be necessary, so it is fairly useless really besides gambling transactions.

The other currencies don't have any of that potential.

Transaction fees would need to go down. I used to pay for groceries with bitcoin. It was great. But now the fees are too high to use it for daily transactions.
Many other coins are just copies of bitcoin with some minor changes. I don't think all are useless. But many are.
My favorite thing about bitcoin is that the government can't print bitcoins anytime there's an "emergency." They can never flood the market and make bitcoin worthless.