Author Topic: BitCoin Master Thread  (Read 13669 times)

Offline mrprez27

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Re: BitCoin Master Thread
« Reply #240 on: November 05, 2017, 12:47:47 AM »
so who here bought bitcoins when it was worth almost nothing ;)

Offline chevron

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Re: BitCoin Master Thread
« Reply #241 on: November 07, 2017, 03:14:43 PM »
Anarchy scares me less than tyranny.

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Re: BitCoin Master Thread
« Reply #242 on: November 07, 2017, 04:59:51 PM »
Anarchy scares me less than tyranny.

Yet, time and time again, society has chosen tyranny when given the choice.

Offline Mikeoracle

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Re: BitCoin Master Thread
« Reply #244 on: November 14, 2017, 10:46:18 AM »
Then I have nothing to say.
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Re: BitCoin Master Thread
« Reply #245 on: November 14, 2017, 11:30:55 AM »
https://thehustle.co/mt-gox-mark-karpeles-bitcoin?utm_source=daily&utm_medium=email&utm_campaign=11%2F13%20-%20musically&utm_content=bitcoin

Crazy Story

It's fair.  He also took the risk that the bitcoins would go down in value. And if the creditors wanted to own bitcoin, they could have gone and bought different bitcoins.

Offline hachover

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Re: BitCoin Master Thread
« Reply #246 on: November 14, 2017, 01:28:47 PM »
It's fair.  He also took the risk that the bitcoins would go down in value. And if the creditors wanted to own bitcoin, they could have gone and bought different bitcoins.

I almost posted that myself. But the problem with that argument is that if the coins had gone down in value he would have declared bankruptcy and avoided paying more than the depressed value of the coins. And the creditors couldn't go out and buy different bitcoins because they'd have to lay out capital that might never be returned.
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Re: BitCoin Master Thread
« Reply #247 on: November 16, 2017, 04:14:43 PM »
Anyone looking into doing this with their IRA?

Offline hachover

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Re: BitCoin Master Thread
« Reply #248 on: November 17, 2017, 07:35:21 AM »
Anyone looking into doing this with their IRA?

Teach me how. And dont say an ETF
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Re: BitCoin Master Thread
« Reply #249 on: November 17, 2017, 10:54:23 AM »
Teach me how. And dont say an ETF

Lol, no GBTC...no ETFs for metal, no public REITS, all real stuff :)

If you have existing retirement funds you just need the proper custodian or you can create an account from scratch. But only good if you've bought before so you know how it works normally.

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Re: BitCoin Master Thread
« Reply #250 on: November 17, 2017, 11:14:45 AM »
Lol, no GBTC...no ETFs for metal, no public REITS, all real stuff :)

If you have existing retirement funds you just need the proper custodian or you can create an account from scratch. But only good if you've bought before so you know how it works normally.

Which IRA custodian can hold my private keys?
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Re: BitCoin Master Thread
« Reply #251 on: November 17, 2017, 12:03:40 PM »
Which IRA custodian can hold my private keys?

First and foremost you need a self-directed custodian (brokerage firms don't invest outside of their paper realm). Secondly, there are 2 ways to establish such an account; one where the custodian holds your wallet and your keys (similar to what you have now for Wall Street stuff) and there's a Checkbook Control model where you can buy from an exchange(s) of your choice, hold your own wallet and hold your own keys.

Offline shlonx

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Re: BitCoin Master Thread
« Reply #252 on: November 19, 2017, 01:13:13 PM »
It hit $8000!!
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Re: BitCoin Master Thread
« Reply #253 on: November 19, 2017, 09:05:18 PM »
any to short bitcoin?

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Re: BitCoin Master Thread
« Reply #254 on: November 19, 2017, 09:19:14 PM »
any to short bitcoin?

You mean GBTC?