News for hackers. Stuff that matters.
Re:Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut by IamNotAtWork on Monday December 18, 2017 @11:14AM (#15952633)
Are you just sad that you didn't buy in a year ago? Don't worry, me too. :) Heck, my brother in law who is a lawyer and don't know anything about blockchain bought some and my niece's college education is paid for now. LOL.
Re:Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut by deadmetheny on Monday December 18, 2017 @12:02PM (#15953099)
Ah yes, the "you're just jealous" argument, champion to people who are too blind to realize that BTC has serious downsides. Look man, a massive speculative bubble popping is gonna have huge repercussions to a non-trivial number of average non-techie people who read an article about how some nerd got rich on digital Beanie Babies and threw their life's savings at it. Those are the people who are gonna get fucked, not the people over at Bitcoin Idiots, LLC who can afford to lose some fun money betting on Internet bucks.
Re:Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut by mrlinx on Monday December 18, 2017 @11:17AM (#15952663)
You should check his comment history, its worth reading.
Re:Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut by pyvpx on Monday December 18, 2017 @11:19AM (#15952678)
has he successfully converted his bitcoin into "fiat" currency? or does the college accept and denominate tuition in BTC?
Re:Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut by pbrb on Monday December 18, 2017 @11:45AM (#15952952)
It's pretty easy to do - sell for fiat on any exchange that trades in it, and deposit fiat to your linked bank account. Unless you're unloading millions, then you're better off doing an auction.
Re:Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut by wakkaflokka on Monday December 18, 2017 @12:05PM (#15953126)
Serious question - is there any doubt that one can successfully convert BTC to fiat? I've done it many times on the major exchanges (Gemini & Coinbase) with absolutely no problem.
Re:Bitcoin Takes Bigger Wall Street Stage with Smooth CME Debut by pyvpx on Tuesday December 19, 2017 @04:09AM (#15958818)
because past $100K it becomes difficult rising to impossible from every person I've directly spoken to