fillippone
Legendary
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Merit Rascal - Pizza Maker - Golden Feather 2022
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April 08, 2019, 12:21:43 PM |
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Bull fucking shit, when you transfer large amounts especially internationally they start going off a percentage.
No one is handling 30,000,000 for free.
Internationally yes. Nationally, no. But you might live in a third world country like the USA. But for those amounts internationally you're going to be able to negotiate rates, not get hit with the dunderhead retail rate. Yes, I was thinking about an international money transfer. National (i.e. within banking union like SEPA) money transfer are free. Remeber anyway just holding USD 30,000,000 in a bank is going to cost you massive amounts of money. In some country this charge would be explicit (Switzerland charges you money to keep it in banks over a certain amount). In some other country it would be hidden in some other costs ( taxes, hidden charges, etc.)
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Ibian
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Activity: 2268
Merit: 1278
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April 08, 2019, 12:28:18 PM |
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Never gonna fucking happen.
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kenzawak
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April 08, 2019, 12:32:24 PM |
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BITCOIN PRICE SURGE SEES VENEZUELA HIT RECORD LOCALBITCOINS HIGHS https://bitcoinist.com/bitcoin-price-surge-sees-venezuela-hit-record-localbitcoins-highs/"Data from monitoring resource Coin Dance, which tracks volumes on P2P Bitcoin exchanges Localbitcoins, Paxful and Bisq, confirmed South America in particular saw huge amounts of fiat currency change hands during the seven days ending April 6. Having steadily increased over the past year, volumes for Localbitcoins in Venezuela led the way last week. In total, 26.4 billion sovereign bolivars (VES) went through the platform. ... Economic woes are not confined to Venezuela, with Argentina and Colombia likewise seeing increased Bitcoin interest as its own difficulties persist. Last week, just after investor and Bitcoin bull Tim Draper met the country’s president and even made a Bitcoin bet with him, ordinary Argentinians put more pesos through Localbitcoins than ever before – in total, 10.7 million ARS ($243,000). ... A more unexpected result came in from across the world in Kazakhstan meanwhile, where Localbitcoins had its most successful week ever. In total through April 6, users just beat the all-time record in Tenge (KZT), with 38.8 million ($102,000) being exchanged."
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toknormal
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Activity: 2996
Merit: 1187
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April 08, 2019, 12:33:45 PM |
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What is this a graph of ? 
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vroom
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a Cray can run an endless loop in under 4 hours
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What is this a graph of ?  the weight of your girlfriend in kg?
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gentlemand
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Activity: 2590
Merit: 3007
Welt Am Draht
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April 08, 2019, 12:44:31 PM |
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Yes, I was thinking about an international money transfer. National (i.e. within banking union like SEPA) money transfer are free. Remeber anyway just holding USD 30,000,000 in a bank is going to cost you massive amounts of money. In some country this charge would be explicit (Switzerland charges you money to keep it in banks over a certain amount). In some other country it would be hidden in some other costs ( taxes, hidden charges, etc.)
Time is what people should focus on. I've heard of international transfers taking 10 days or more to more obscure parts of the world. In this day and age that's positively medieval.
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fillippone
Legendary
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Activity: 1820
Merit: 12848
Merit Rascal - Pizza Maker - Golden Feather 2022
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April 08, 2019, 12:55:44 PM Last edit: May 16, 2023, 09:23:58 AM by fillippone |
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What is this a graph of ?  Users on the forum.
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Cryptotourist
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April 08, 2019, 01:00:51 PM |
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Gee, thanks WO, only 30 more pages to catch up. I've been very busy lately, and BTC is looking good.  Fuckers.
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fillippone
Legendary
Online
Activity: 1820
Merit: 12848
Merit Rascal - Pizza Maker - Golden Feather 2022
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April 08, 2019, 01:01:42 PM |
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Yes, I was thinking about an international money transfer. National (i.e. within banking union like SEPA) money transfer are free. Remeber anyway just holding USD 30,000,000 in a bank is going to cost you massive amounts of money. In some country this charge would be explicit (Switzerland charges you money to keep it in banks over a certain amount). In some other country it would be hidden in some other costs ( taxes, hidden charges, etc.)
Time is what people should focus on. I've heard of international transfers taking 10 days or more to more obscure parts of the world. In this day and age that's positively medieval. Time IS money.
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bitserve
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Activity: 1666
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Self made HODLER ✓
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April 08, 2019, 01:17:49 PM |
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I have been in bitcoin since a fair amount of time now. But it still amazes me: this guy moved 36 MIOS USD spending 23.07 USD. How much would it cost to move such amount of money with traditional banking system? No to think about moving this amount in GOLD (this is why Bitcoin, digital gold, is actually BETTER than physical gold). 0 in Spain unless you are an ignorant pleb that doesn't know any better. Not the case of someone with that amount of money. So 0, and instant transfer. It has been a good amount of DECADES since I pay ANYTHING for a transfer. The instant thing is recent though (it was like 24-48 hours before)
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VB1001
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<<CypherPunkCat>>
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April 08, 2019, 01:26:07 PM |
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I like to publish the contrary opinions (FUD) you have to know what they think.  I have gotten to understand your posting habits well enough to know that you are generally posting bullish stuff, and decent bitcoin information. Nonetheless, frequently it will be good to highlight some level of analysis or pointing out that you are skeptical of the information.. meaning that you suspect that there is some FUDDING going on. .. especially for the FUD materials... Ultimately, you do what you like, but sometimes information could be read out of context if you do not highlight the seemingly FUD part of it. Ok, I thought it was clear to all of you what I think about BTC, there's no problem with the FUD news or chart, I will add a comment about it. 
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gentlemand
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Welt Am Draht
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April 08, 2019, 01:29:20 PM |
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Ok, I thought it was clear to all of you what I think about BTC, there's no problem with the FUD news or chart, I will add a comment about it.  Please thank him for permitting you to continue to exist.
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fillippone
Legendary
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Activity: 1820
Merit: 12848
Merit Rascal - Pizza Maker - Golden Feather 2022
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April 08, 2019, 01:31:55 PM Last edit: May 16, 2023, 09:23:53 AM by fillippone |
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I have been in bitcoin since a fair amount of time now. But it still amazes me: this guy moved 36 MIOS USD spending 23.07 USD. How much would it cost to move such amount of money with traditional banking system? No to think about moving this amount in GOLD (this is why Bitcoin, digital gold, is actually BETTER than physical gold). 0 in Spain unless you are an ignorant pleb that doesn't know any better. Not the case of someone with that amount of money. So 0, and instant transfer. It has been a good amount of DECADES since I pay ANYTHING for a transfer. The instant thing is recent though (it was like 24-48 hours before) Can you transfer 32 Millions to the US for free? are you sure? I bet you have free money transfer in SEPA (EU+ SUI) only.
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bitserve
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Activity: 1666
Merit: 1350
Self made HODLER ✓
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April 08, 2019, 01:36:11 PM Last edit: April 08, 2019, 01:47:21 PM by bitserve |
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How much would it cost to move such amount of money with traditional banking system?
Where I live - $0. I don't understand why this particular meme gives people erections. Bull fucking shit, when you transfer large amounts especially internationally they start going off a percentage. No one is handling 30,000,000 for free. International, depending on the destination country might vary. Even in that case (out of EURO zone)... when you deal with big amounts the bank earns its money from other deals you have with them so you get very good or zero rates for many things. Of course, if you don't deal much with the bank and suddenly you have an incoming tx of 30 million you will be in deep shit (and I am not talking about fees here).
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gentlemand
Legendary
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Activity: 2590
Merit: 3007
Welt Am Draht
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April 08, 2019, 01:37:13 PM |
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Can you transfer 32 Millions to the US for free? are you sure? I bet you have free money transfer in SEPA (EU+ SUI) only.
If you stay inside developed countries you're fine. Everything falls apart the moment you step back into attempting to interact with third world countries like the USA. But you're still going to get a better deal than average if the amount is huge.
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bitserve
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Activity: 1666
Merit: 1350
Self made HODLER ✓
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April 08, 2019, 01:37:15 PM Last edit: April 08, 2019, 01:48:41 PM by bitserve |
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I have been in bitcoin since a fair amount of time now. But it still amazes me: this guy moved 36 MIOS USD spending 23.07 USD. How much would it cost to move such amount of money with traditional banking system? No to think about moving this amount in GOLD (this is why Bitcoin, digital gold, is actually BETTER than physical gold). 0 in Spain unless you are an ignorant pleb that doesn't know any better. Not the case of someone with that amount of money. So 0, and instant transfer. It has been a good amount of DECADES since I pay ANYTHING for a transfer. The instant thing is recent though (it was like 24-48 hours before) Can you transfer 32 Millions to the US for free? are you sure? I bet you have free money transfer in SEPA (EU+ SUI) only. Yep, you are right. The fee will surely be (way) higher (than BTC) in that case.
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VB1001
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Activity: 938
Merit: 2530
<<CypherPunkCat>>
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April 08, 2019, 01:38:07 PM |
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reserve the order Lambos, Aston, Bentley...  meh. I'm thinking more on the order of Cirrus or Epic. Lol, You are on another level.  Not a bad level to be. I wish it for all my WO brethren. Even those with whom I spar.  Personally I like something more discreet. But it would be a good plan for WO It's the real > fuckyourmoney.
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bitserve
Legendary
Offline
Activity: 1666
Merit: 1350
Self made HODLER ✓
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April 08, 2019, 01:40:18 PM |
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I like to publish the contrary opinions (FUD) you have to know what they think.  I have gotten to understand your posting habits well enough to know that you are generally posting bullish stuff, and decent bitcoin information. Nonetheless, frequently it will be good to highlight some level of analysis or pointing out that you are skeptical of the information.. meaning that you suspect that there is some FUDDING going on. .. especially for the FUD materials... Ultimately, you do what you like, but sometimes information could be read out of context if you do not highlight the seemingly FUD part of it. Ok, I thought it was clear to all of you what I think about BTC, there's no problem with the FUD news or chart, I will add a comment about it.  Tell him to fuck off. He will understand 
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Icygreen
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Activity: 1464
Merit: 1135
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April 08, 2019, 01:45:43 PM |
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New discovery today, you peeps ever try or hear of lolli? They give free bitcoin rewards for money I'd have spent anyway by completing purchases through their affiliate links. They look new but fairly well represented. Today I got 3.5% back for a purchase at booking.com, ya its legit. I thought this would be interesting to the satoshi stackers out there. I think this is so cool and another example of innovative steps forward towards adoption. Using this link to register will reward my account https://lolli.com/ref/JhHPRKUMNMOk, so I signed up, where and when do I give them my BTC address? You must collect $15 worth of BTC before you can transfer to your address. It'll accumulate in their custody until then. Your Hodl will be here www.lolli.com/accountAnd this should answer most any other questions you might have. https://www.lolli.com/about#FAQ
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