Bit Coins

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Mark-RS
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Re: Bit Coins

Post by Mark-RS » Sun Dec 10, 2017 12:44 am

don0301 wrote:
Sat Dec 09, 2017 9:42 pm
Mark-RS wrote:
Sat Dec 09, 2017 9:28 pm
don0301 wrote:
Sat Dec 09, 2017 6:22 pm




How much have you made the last 2 sleeps?
It's dropped in the last few days, but this is the nature of the beast. It can drop a few thousand in a few days, but a few weeks later it goes right on by the previous high again.

As with anything, there is always a risk and there are those that are willing to take that risk and those that are not. I took the risk and overall have close to £20k more than I did at the start of this year.

There can't be too many investments (If you can call it that) will give give you such a high return. At least not for the average person.
Have you cashed that "close to £20k"? then you've "made" nothing you muppet...
Why would you resort to calling me a Muppet ? Have I insulted you in some way that you feel the need to insult back ?

And why would I cash it out ? If it's currently sitting at £20k profit over and above what I put in then YES ! I do have that as profit. I could cash it out at any point. Just because it's not cashed out does not mean it any less a real currency of value.

That would be like me asking you why you have not transferred all Your £££ into $$$ because the £££ May or may not be worth less tomorrow. See how silly that is ?

Also I do not have to cash it out. I could quite easily spend it. Plenty of places take BTC as a payment option these days.

Currency is currency, weather it be digital or metal/paper and as with any currency it's value will always go up and down from one day to the next. Just happens the BTC goes up and won in massive amounts, whereas regular everyday currency may alter by a fraction of a % at a time.

There is no difference, other than the scale of it.

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pule333
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Re: Bit Coins

Post by pule333 » Sun Dec 10, 2017 1:57 am

This thread Reminds me when we had heated discussions about BREXIT .


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iconic78
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Re: Bit Coins

Post by iconic78 » Sun Dec 10, 2017 7:23 am

Eddie555 wrote:All the criminals are jumping all over these. Heck apparently the drug dealers in Landan have set up around the shops which have these bitcoins atms and as soon as they’ve done a “deal” they insert their cash straight into the ATM. The cops are beginning to jump all over this as it’s just a big fat money laundering machine. As quick as it’s grown is as quick as it’ll be on its knees. Just my little “bit”
As with anything there is always going to be a criminal element, sure is egg is eggs.
Will that effect crypto? Not a chance, you’d have to shut down the entire internet to even stand any chance of doing that and that before I even start talking about decentralization...


And I can assure the ones who have bought some sort of Crypto are definitely happy right now, maybe they are “lol’ing”.

There will be days when the market, just like any other will drop back. That’s natural.

People need to open there eyes and actually understand that bitcoin is only one of over 1000 currencies out there.

Also when brexit comes along you’ll see crypto being used more and more especially as you can enable smart contracts.




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Re: Bit Coins

Post by iconic78 » Sun Dec 10, 2017 7:45 am

don0301 wrote:I wonder if any of you have the courage to state coins/price/date paid..
Sure, why not I’ll give you 1 of my trades.

25 Btc
September 17th
$3682

I’d sold out before the dip as “we” knew the Chinese were going to make there announcement, also some of the exchanges had started to either close temporarily or move to Hong Kong or japan.

Have others as well.

As for tax, I don’t pay any and never will.

There’s no way in my lifetime they’ll get to see the contents of my wallet or even be able to open it. As for when I move back to FIAT aka cash money(if I do) then there is plenty of ways to be “tax efficient”.

Lamborghini, Bentley, Rolls Royce has now started to accept bitcoin for payment amongst others.

Oh and I’m a Dubai resident for now so we don’t have any cgt or income tax.


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don0301
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Re: Bit Coins

Post by don0301 » Sun Dec 10, 2017 11:46 am

iconic78 wrote:
Sun Dec 10, 2017 7:45 am
don0301 wrote:I wonder if any of you have the courage to state coins/price/date paid..
Sure, why not I’ll give you 1 of my trades.

25 Btc
September 17th
$3682

I’d sold out before the dip as “we” knew the Chinese were going to make there announcement, also some of the exchanges had started to either close temporarily or move to Hong Kong or japan.

Have others as well.

As for tax, I don’t pay any and never will.

There’s no way in my lifetime they’ll get to see the contents of my wallet or even be able to open it. As for when I move back to FIAT aka cash money(if I do) then there is plenty of ways to be “tax efficient”.

Lamborghini, Bentley, Rolls Royce has now started to accept bitcoin for payment amongst others.

Oh and I’m a Dubai resident for now so we don’t have any cgt or income tax.


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That doesn't make sense..in a previous post you said you'd made $4000 that week which I challenged (and you ignored):
don0301 wrote:
Sat Dec 09, 2017 8:06 pm
iconic78 wrote:
Sat Dec 09, 2017 7:57 pm
For the gains made they have rescinded somewhat. However still $4k up on the week.


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According to :

https://www.coindesk.com/price/

7 days ago was $10,932.55

so you have roughly 1 coin?
From this post you seem to be implying you bought $92000 worth of bitcoins on Sept 17th?

I call Bullshit....
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iconic78
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Bit Coins

Post by iconic78 » Sun Dec 10, 2017 12:05 pm

I was referring to the week on week price which is up $4k from 7 days ago based on the price per btc.

Of course, that will/is changing by the hour as the 7 day chart moves along.


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Last edited by iconic78 on Sun Dec 10, 2017 12:05 pm, edited 1 time in total.

iconic78
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Bit Coins

Post by iconic78 » Sun Dec 10, 2017 12:06 pm

I’ve never said how much I’ve made or lost not said until now what positions I hold.

Just offered my opinion/knowledge on the crypto currency market.

You’ve called me and others “delusional”, a “muppet” now calling me out for talking bs.

Please don’t attempt to turn this thread into a pissing contest.

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Re: Bit Coins

Post by iconic78 » Sun Dec 10, 2017 12:37 pm

Also there’s a WhatsApp group from this thread for anyone that wish’s to gain more insight from people that have actually traded in crypto.

Keyboard warriors are not invited.


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don0301
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Re: Bit Coins

Post by don0301 » Sun Dec 10, 2017 12:55 pm

iconic78 wrote:
Sun Dec 10, 2017 12:06 pm
I’ve never said how much I’ve made or lost not said until now what positions I hold.

Just offered my opinion/knowledge on the crypto currency market.

You’ve called me and others “delusional”, a “muppet” now calling me out for talking bs.

Please don’t attempt to turn this thread into a pissing contest.

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You implied you bought $92,000 btc on sept 17th

By your own "rules" you say:
iconic78 wrote:
Sat Dec 02, 2017 1:00 pm

Never take more than 10% of of your overall net cash as a position.

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So, you're implying you had at least $920,000 net cash in sept

I call bullshit...
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Re: Bit Coins

Post by iconic78 » Sun Dec 10, 2017 1:34 pm

don0301, how long have we known each other to be in a position to say what each other’s net worth is or anything else to be precise.

We don’t know each other.

So I wouldn’t comment on what I don’t know about someone including you.

However if you’re ever in need of a private offshore banker, there’s a few I can personally recommend you to.


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don0301
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Re: Bit Coins

Post by don0301 » Sun Dec 10, 2017 4:10 pm

iconic78 wrote:
Sun Dec 10, 2017 1:34 pm
don0301, how long have we known each other to be in a position to say what each other’s net worth is or anything else to be precise.

We don’t know each other.

So I wouldn’t comment on what I don’t know about someone including you.

However if you’re ever in need of a private offshore banker, there’s a few I can personally recommend you to.


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Haha, not my world....

What confuses me is you built a <beep> 10 yr old RS4 from 3 cars saying you only could do it in Dubai cos of cheap labour, and couldn't afford to do it in UK

Yet you're implying you're in a world of offshore banker mates lol

Your <beep> just doesn't add up

I wondered if you would post actual dates/numbers

I suspect you won't do that again

A liar will always get caught out

I have no idea your "trades" are real or not, I suspect not

When you posted your "trade" I suspect you picked a point on the graph to make you look clever, but not too outlandish, but I don't think you thought through the $92,000 purchase..

I call bullshit, I see no proof otherwise..
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FaisalJ
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Bit Coins

Post by FaisalJ » Sun Dec 10, 2017 4:52 pm

Come on gents we’re not 12 years old - no need for personal attacks.

There are always going to be opposing points of view on any financial instrument. You couldn’t have a market otherwise. Even professional investors will disagree. That’s life.

I have my view on bitcoin - and I may be wrong, that’s just how it goes. I’m not going to get upset with anyone that has the opposite view!


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don0301
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Re: Bit Coins

Post by don0301 » Sun Dec 10, 2017 5:43 pm

FaisalJ wrote:
Sun Dec 10, 2017 4:52 pm
Come on gents we’re not 12 years old - no need for personal attacks.

There are always going to be opposing points of view on any financial instrument. You couldn’t have a market otherwise. Even professional investors will disagree. That’s life.

I have my view on bitcoin - and I may be wrong, that’s just how it goes. I’m not going to get upset with anyone that has the opposite view!


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I'm not challenging bitcoin, I'm sure some people have made money on it, I'm also sure many more will lose on it

It's his bullshit I'm challenging

He can easily post proof of his $100,000's of supposed "profit"....
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iconic78
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Re: Bit Coins

Post by iconic78 » Mon Dec 11, 2017 10:36 am

FaisalJ wrote:Come on gents we’re not 12 years old - no need for personal attacks.

There are always going to be opposing points of view on any financial instrument. You couldn’t have a market otherwise. Even professional investors will disagree. That’s life.

I have my view on bitcoin - and I may be wrong, that’s just how it goes. I’m not going to get upset with anyone that has the opposite view!


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Totally agree with you.


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iconic78
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Bit Coins

Post by iconic78 » Mon Dec 11, 2017 11:34 am

don0301 wrote:
iconic78 wrote:
Sun Dec 10, 2017 1:34 pm
don0301, how long have we known each other to be in a position to say what each other’s net worth is or anything else to be precise.

We don’t know each other.

So I wouldn’t comment on what I don’t know about someone including you.

However if you’re ever in need of a private offshore banker, there’s a few I can personally recommend you to.


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Haha, not my world....

What confuses me is you built a &lt;beep&gt; 10 yr old RS4 from 3 cars saying you only could do it in Dubai cos of cheap labour, and couldn't afford to do it in UK

Yet you're implying you're in a world of offshore banker mates lol

Your &lt;beep&gt; just doesn't add up

I wondered if you would post actual dates/numbers

I suspect you won't do that again

A liar will always get caught out

I have no idea your "trades" are real or not, I suspect not

When you posted your "trade" I suspect you picked a point on the graph to make you look clever, but not too outlandish, but I don't think you thought through the $92,000 purchase..

I call bullshit, I see no proof otherwise..
Did I say when I got involved in CC? No, I merely demonstrated 1 trade that I had previously done.

Ok so in your humble opinion my old RS4 is a pile of <beep>. Labor rates are, relatively cheap by comparison to say the U.K. and what i meant was it wouldn’t be financially viable. Meaning I would be at more of loss than if I had the car built here when I come to sell the car. My parts bill alone is probably more than the cost of your car.

I had also thought about building a B8 rs4 saloon but then someone had already done that back in the states.

I also have a 2008 gallardo superleggera TT but as thats almost 10 years I guess that is would you call a “beep”. I’m $160k into that one excluding the purchase price. You’ll find me on lambo talk under the same name.

And the bankers are not my “mates”, I know them through having a working relationship.

UBP SA & Standard bank IOM if you must know.

And I’m very well aware what those 25 Btc cost me.

What am I to gain from bs?

I don’t see what your end game is??

Can you not simple accept that some people are doing well for themselves in life. Is it really that hard to believe. Or maybe because as you say this is “not your life” so these are all big numbers to you which are also outside your realms of possibility.

So this is where it ends, not because I can’t prove myself but because I don’t need and besides I’ve entertained you and trolling for long enough.


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