1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

Pacni99a12

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Looks like retail is starting to get into the space. Some of my shyt coins are starting to move
 

King

The black man is always targeted.
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Gemini only charges $2.99? Coinbase was charging me over $20 each transaction :dahell:
I don’t trust Gemini tho, something about it always seemed off to me

But these goddamn coinbase fees tho :sadcam:

I couldn’t imagine trying to move big money off here
 

Carlton Banks

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Word of advice. Just cuz a coin is a "pump and dump" or considered one, doesn't mean you can't make money off it .. that's literally the point of pump and dumps.

Filecoin for instance went from $33 to $131 some time in November. Think about the people in invested before that when it was under $4. Even if you missed that $131 pump, the price is still up at $22 which off the top of my head, is a 5x return on initial investment from say $4.

That's just one example.
 

JoseLuisGotcha

Aka Allhiphopsux
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Reppin
#717 --> #215 #PA #ByrdGang
https://nypost.com/2021/01/09/two-n...medium=site buttons&utm_campaign=site buttons


Two NYC bars could make US history by selling for Bitcoin


A Big Apple bar owner is bowing out — and banking on Bitcoin with what could be the first cryptocurrency-only restaurant sale in the US.

This week, Patrick Hughes put his side-by-side Hell’s Kitchen watering holes, Hellcat Annie’s and Scruffy Duffy’s, up for sale. The price tag: 25 Bitcoins or 800 Ethereum tokens for both, a value of about $875,000 by current cryptocurrency prices.

“Crypto is on fire, it’s a hot currency,” said Hughes, 56, a Queens native who now resides in Ho-Ho-Kus, NJ, and whose family has been in the Manhattan bar business since 1970. “It’s decentralized. It’s global.”

Fueled by ever-increasing debt and fears of a devalued American dollar, Hughes is among countless investors, institutions and everyday Americans who see cryptocurrency as a legit alternative to the dollar.

NFL offensive tackle Russell Okung just had his demand to be paid in Bitcoin fulfilled by the Carolina Panthers. PayPal introduced a crypto exchange late last year. And federal regulators this week began allowing banks to settle transactions in cryptocurrencies.

The sale of Hellcat Annie’s and Scruffy Duffy’s could mark a new chapter in crypto ascendancy.

“I’m not aware of any other bars or restaurants that have been sold for crypto only,” said Charles Cascarilla, CEO of Paxos Trust Company, which specializes in cryptocurrency infrastructure. “But more and more people look at crypto as a monetary instrument. We’re really at a tipping point of its acceptance.”


Before the pandemic, Hughes employed 50 people at his two establishments. He’s now down to “five or six” but said he has survived better than many, largely by remaining closed throughout most of 2020.

“I played golf, read books, worked on the house and taught myself how to make cartoons,” said Hughes, who launched a Scruffy Duffy’s YouTube channel to display his animated videos. He hopes to continue with the art form once he and his wife, with whom he has three kids, move down South if the bars sell.

He reopened Hellcat Annie’s in November, complete with an open-air cabin on Tenth Avenue, and said that bar sales are nearly back to pre-pandemic levels. Scruffy Duffy’s remains closed pending the return of indoor dining. (Hughes and a partner opened Scruffy’s on Eighth Avenue in 1990, then Hughes alone moved it to the current location in 2019. Hughes relaunched Annie’s in 2009, after running it as Pony Bar for eight years.)

Hughes laments the suffering the shutdown caused for so many of his friends in the industry, but said the crisis cemented his pre-pandemic desire to get out of the business.

“I’m hoping to catch one of these crypto dudes who always wanted to own a bar,” said Hughes, noting that he has put a sign out front to lure in curious potential buyers.
Not everyone is sold on crypto just yet, though.

“I don’t think the dollar is going anywhere anytime soon,” said NYC real estate appraiser Henry Salmon, president of Equity Valuation Associates. “The dollar on the world market still has a lot of value.”

Hughes said he has received a few casual inquiries. But he’s confident he’s on the right side of history.

“The next crisis, you won’t have to run out and buy toilet paper,” he said. “You can just use your dollars instead.”
 

heisenburrr

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Whoever the breh is that told me bitcoin cash is a terrible investment and I shouldn't recommend it to people and tried to make me look stupid... In 24 hours bitcoin cash went from $418 to $654 and is currently at $577

In a week it went from $354 to $654

And in a month it went from $256 to $654.

I'ma tag ya ass when I find the post :ufdup:

Edit:

@heisenburrr

With @chkmeout and gay ass @surf who dapped him :sas1:

You're really slow aren't ya.

If it wasn't for that little pump you caught today you'd be underperforming BTC on virtually every timeframe while holding an asset with orders of magnitude more risk.

"Investing in BCH" makes you a joke in every single circle worth its salt. Have fun staying poor breh.

People who bought BCH at 2017 are still down 80% on their "investment", meanwhile BTC is up more than 100%.

You playing yourself
 

heisenburrr

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Truth. To add to that, if you insist in gambling with an Alt, first understand that you're definitely gambling. Second, make that gamble educationally, do some due diligence on something that has at least a little substance conceptually beyond a PR statement and a whitepaper posted on reddit. Something like Nano is a good gamble because there's proof that it "works" in regards to what it aims to do and can be tested by anyone.

Nano is a shytscam
 

heisenburrr

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Word of advice. Just cuz a coin is a "pump and dump" or considered one, doesn't mean you can't make money off it .. that's literally the point of pump and dumps.

Filecoin for instance went from $33 to $131 some time in November. Think about the people in invested before that when it was under $4. Even if you missed that $131 pump, the price is still up at $22 which off the top of my head, is a 5x return on initial investment from say $4.

That's just one example.

On aggregate do you think there are more people in on the dump or the dump?
 

heisenburrr

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What do you think about ADA? I I hear alot of people saying its probably gonna hit $1 this year.

1$ is like 3x returns.

Might as well invest in Bitcoin

If yall looking for 3-5x returns and putting your money anywhere but Bitcoin yall are just asking for trouble.

Now if you want 10-15x then you might want to chase shytcoins but you better keep track of market and sell on top else you'll probably lose your shirt
 
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