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Family Man

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So how do you turn bitcoin into real money? In other words, how the fukk do you cash out?
 

Poitier

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Money now is a virtual made up fiat currency

Actual physical cash is a middleman that makes it a bit harder to manipulate, though. I've seen hacker groups like "lulzsec" wait til people invested in bitcoin and DDoS them and take off with millions which in turn drives the price down and they reinvest the stolen money. It's an even less honest system than the fiat currency we have now.
 

Poppa_Dock

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So how do you turn bitcoin into real money? In other words, how the fukk do you cash out?
ye somebody needs to explain this.
I'v read about dudes who bought some years ago and now they are "millionaires" so does that mean i can get that bitcoin thrown in to a chequing and start buying shyt? If not why would i want it?

All this just seems like some neckbeards who have no real understanding about the physical world and what it's worth to people who leave their basement.
 

illadope

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ye somebody needs to explain this.
I'v read about dudes who bought some years ago and now they are "millionaires" so does that mean i can get that bitcoin thrown in to a chequing and start buying shyt? If not why would i want it?

All this just seems like some neckbeards who have no real understanding about the physical world and what it's worth to people who leave their basement.


You sell it to an exchange or a person.

www.coinbase.com thank me later
 

Poppa_Dock

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You sell it to an exchange or a person.

www.coinbase.com thank me later
would it even be worth it at this point.

Like poster said i remember reading about this stuff years ago. But if i can't hypothetically buy myself a new imac with it from apples website without having to middle man a sale of bitcoins in order to get cash idk if that works for me. Or is it just not that complicated?
 

SumBlackguyz

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would it even be worth it at this point.

Like poster said i remember reading about this stuff years ago. But if i can't hypothetically buy myself a new imac with it from apples website without having to middle man a sale of bitcoins in order to get cash idk if that works for me. Or is it just not that complicated?
basically you go on a site like that, link your bank, card, etc to purchase and sell your coin. If you have 5 bitcoins, just go to sell, and you'll have XXXX amount of dollars in you coinbase account. then all you do is withdraw it. its not rocket surgery or anything
 
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