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Author Topic: When you invest $4.99 in Bitcoin  (Read 166 times)
wonderchaff (OP)
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January 03, 2018, 06:08:45 PM
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I am laughing AF, just check it out Cheesy
https://www.youtube.com/watch?v=mTLjx9_5nGY

USD - in God we trust / BTC - in code we trust
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futuris
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January 03, 2018, 06:24:24 PM
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I am laughing AF, just check it out Cheesy
https://www.youtube.com/watch?v=mTLjx9_5nGY
Of course, for 4.99$ you can not buy a bit of bitcoin, because fees will cost more. But it's funny.
Skieleton
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January 03, 2018, 07:19:17 PM
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I am laughing AF, just check it out Cheesy
https://www.youtube.com/watch?v=mTLjx9_5nGY
Of course, for 4.99$ you can not buy a bit of bitcoin, because fees will cost more. But it's funny.

Not now but in 2009 you could buy them for a lot of BTC. Now the mosaic would be a mirion. Funny, right?
Gintron
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January 03, 2018, 07:25:53 PM
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Well people tend to change after they get rich or think they will be rich.  It is very important to stay humble when you are high and be hopeful when you are low.

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High fees = low BTC price


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January 03, 2018, 07:33:25 PM
 #5

Of course, for 4.99$ you can not buy a bit of bitcoin, because fees will cost more. But it's funny.

Yes we all know you need to spend $103.99 buying $100 worth of BTC with coin base and then send it to your own private wallet and buy one
box of chocolates and the money is gone.

The miners keep getting to call "Bingo" but with a cleaver bit of marketing the Lightning Network (LN) allows these
miners to become hubs (Mini Banks) so it will be "Bingo, Bingo" for them and get me out of here for everyone else.

Are you sure you understand LN and what it will mean for us all because I did a little post about it all.
https://bitcointalk.org/index.php?topic=2680315.new#new
Do feel free to argue if you feel I have got any of my facts wrong

The elephant in the room is fees


Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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January 03, 2018, 07:41:39 PM
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I am laughing AF, just check it out Cheesy
https://www.youtube.com/watch?v=mTLjx9_5nGY
Of course, for 4.99$ you can not buy a bit of bitcoin, because fees will cost more. But it's funny.

No. You can by 4.99$ of bitcoin...and the fees will likely cost more. No one's going to stop you from making that transaction though.

The miners keep getting to call "Bingo" but with a cleaver bit of marketing the Lightning Network (LN) allows these
miners to become hubs (Mini Banks) so it will be "Bingo, Bingo" for them and get me out of here for everyone else.

Explain yourself, what does this mean?



The elephant in the room is fees


What elephant in the room? Bitcoin fees are the most widely known and talked about issue with Bitcoin. There's nothing lurking, there's nothing not being talked about. There have been 5 forks in 2017 to try to fix the problems related to the soaring cost of fees! Stop with the FUD!
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