1 bitcoin is $88,000 . How did this happen

Yaboysix

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:dahell: you can do that right now
I looked up people doing it on YouTube, and I see the fees are like 50%/60% of your withdrawal and there are hella steps you gotta go through with wait times that take Hours.

And All people did was take out a lil 50 or 60 dollars.




:francis:


Also, you got Bitcoin, lemme see YOU do it and report back here
 
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alpo

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I looked up people doing it on YouTube, and I see the fees are like 50%/60% of your withdrawal and there are hella steps you gotta go through with wait times that tame Hours.

All people did was take out a lil 50 or 60 dollars.




:francis:


Also, you got Bitcoin, lemme see YOU do it and report back here
Huh?
 

the bossman

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so if i can send $1000 a month into this for a few months, do i just sit on that and see what happens in the next few years?

like can i just transfer 5k and just watch what that becomes in like 10 years?
Yes you can. Just treat it like an investment. People have been doing this for years
 

Roger king

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The crypto industry were fully in support of trump campaign, they see it as a huge chance to increase their stocks and revenue with trump in power they will have the ability to influence monetary policy
 

Bushmaster69

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You can absolutely cash it out. Nobody would be buying this stuff if they couldn't sell it when they wanted to.


There is no max that can be cashed out if you are using wire transfers through coinbase. I sold nearly 1m worth (before taxes) back in 2017. This is what my coinbase account limits screen looks like currently.
Just seeing this now for some reason.

You are right. I mixed up 700K transactions/a day on the blockchain network with exhange withdrawls (which will become a problem for btc when institutional adoption is rampant). I wasn't accounting for all of the liquid cash all the DEX/CEX have on hand.

At one point withdrawls and transactions was the same thing for me when i used to mine and buy btc, and then store it on an external hard drive on the btc wallet.

Times have changed.
 

The Plug

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Ok, I didn't want to but $10k of bitcoin so I bought $1k of bitcoin using PayPal. I noticed that they have a fee to buy and sell bitcoin, it's not too much but selling $1000 of bitcoin right now is like $18. Is there any bitcoin wallet or good service that connects to PayPal but has no fees or at least lower fees than this?
 
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