/biz/ - Business & Finance

>>23530860
where did that $3,54 go?

>>23530860
nice

>>23530860
Jihan Wu moves a bunch of his coins. He also collected the fees for moving his own coins and got a block reward. lol

any ideas why? do you think someone bought something with it?

>>23530860
people still don't get it... a wire on that sum would have costs tens of thousands of dollars.

xapo exit scamming nice

>>23530860
On the second address the guy didn't even bother making a test transaction kek
0 fucks given here

>>23530975
woah so cheapu

>>23530860
how do i profit from this

>>23530997
could be more i don't know i'm getting raped on fees every time i try to use wires. bitcoin is fucking awesome for big sum payments. and lightning is fucking awesome for small payments.

>>23530860
imagine clicking confirm on a billion dollar transaction, knowing that all the money will be lost even if one character was wrong in the address

>>23531031
i would surely check it at least 3 times by multiple people

>>23531031
Hire 256 employees and each one's job is to confirm that 1 of the 256 letters in the address is correct

>>23530966
Literal fucking ponzi.

what if i want to send 2 dolla? what do?

>>23531076
Genius

>>23531076
yfw one of the employees fucks up

>>23530975
We all get it xD. There's just coins that can it for less.

>>23530984
it's just a billion man

Imagine fatfingering that transaction by a few orders of magnitude or a single character in the address holy fuck i would kms

>>23531103
The feel when Iam the employee

>>23531345
>>23531031

copy paste the adress and check it with ctrl + f after. literally foolproof

Imagine the BTC price if he all sells it today

>>23530984
Lmao

>>23530975
>bank literally picks up gold bars and carries them by packmule to the other bank
hehe jk they only charge a wire fee because they are KIKES

>>23530860
One time i wired 500k to the wrong counter party when i was doing margin calls. The stress making sure each one of those was right was insane.

Couldnt imagine doing it with that sum of money.

>>23531452
I'd still be paranoid even after that

>>23531523
Pussy faggit

>>23530914
CCP

>>23531345
>>23531031

Just copy paste the address whats so hard

>>23531446
>tf employees collude together and become multimillionaires just like that

Yes the money arrived. Thank you Mr. Rothschild.

>>23531452
>>23531572
Yes this is what I do when I send $200 of BTC. $1B is insane though.

>>23531076
>uh sorry which character am I supposed to look at again?
>0 indexed or 1?
>....

>>23530975
>wire on that sum would have costs tens of thousands of dollars.

wrong, where you do you retarded faggots get this bullshit from? almost any bank would do something this size for free

>>23531784
Why the fuck would anyone take on the risk of transacting a billion dollars for free?

So, did he buy or sell, why do I not see anything reflected in the price

>>23530976
How do you know this is a xapo wallet?

>>23531840
Because then you get to hold that $1B and lend out $20B

Did the transactor do this just to flex the power of Bitcoin?

Why was it all at once wtf

that's just sergey's weekly bigmac budget

>>23530914
In short, it goes to the miner who got the block with the transaction. Transaction fees are what will keep Bitcoin going after the last coin is mined.

>>23530860
Trips and I will tell you exactly who sent that transaction and who received that transaction.

>>23530860
>tfw you realize bitcoin was created by Argentineans

>>23532080
Sergey sent his private BTC stash because SN = SN, chainlink $10,000eoy

>>23532058
laughed irl

>>23530975
hurrr yea he moved 1.1b worth.. but its still in BTC.
Try cashing out 1.1b worth in actual usable money ie dollars

>>23531289
and he just sent more than their entire combined marketcaps are worth

>>23532230
Why would you do that when in 10 years that will be the wealth equivalent of a lot of nations? Trading that much btc for fiat just seems like a waste when an entire empire could be built on top of it

>>23530860
Holy shit, it's happening. CME gap WILL close and BTC is back to $3,000!

>>23532350
It still needs to be cleared and taxed to be used for anything beyond Amazon gift cards.

>>23530860
christ

>>2353237
Lol this argument? Really? You guys act like you're the only ones who pay taxes. I would be shocked if he's not trading under an LLC and paying an army of accountants/lawyers to make sure he pays the least amount of taxes possible.

>>23531994
there is a zero percent reserve ratio to lend money retard, they can lend 20B regardless

>>23532080
rolla

>>23530860
>7777 LLC

Is there some autists here that got into this?If so can we talk about this without the brainlets here screaming about it?

>>23530860
That stack was over 100k BTC a year ago.

>>23530860
Must be asian.
Asian fags love 888

>>23532350
i dont know, you tell me why this dude moved that amount of btc, just to wave his dick i guess?

>>23532375
What if you just buy stuff with BTC without converting it. No income tax to pay.

>>23531001
Buy Bitcoin Cash, kek.

>>23532513
Cold wallet

>>23531001
Be the recipient of the transaction?

Ehy hasnt this effected the price in the slightest?

>>23531572
There is malware around that watches your clipboard and alters addresses there once copied.

>>23532652
He didn’t sell or buy a billion dollars worth

>>23531784
correct
% based fines are for the plebs to keep them poor

this is good for bitcoin

>>23531884
If he sold it was OTC so it won't directly effect the price.

>>23532350
>10 years that will be the wealth equivalent of a lot of nations
do you niggers still believe this?
do you niggers actually think its realistic some retarded faggot nigger who bougth a bunch of fake useless internet money will be worth more than countries?
do you really think a world FILLED with neckbeards whose net worth is higher than countries?
do you really think they would let that become a reality

>>23532823
they actually believe it lol, the only reason these big dick wallets havent cashed out into usd is they actually cant

>>23530975
Millions

>>23531103

>>23532823
It's probably not one guy but if it is he's already at least worth hundreds of millions through "fake useless internet money" even if he pretty much market dumped.
You're allowing yourself to be controlled by some lame boomer faggots spooking you into believing they control the future when they'll be dead by then.

>>23530984
>https://www.blockchain.com/btc/tx/d486aeb0e59181fd1addb4aa69ce04d638188fc1125c424899267e8ed6a8af24
Hacker has big balls

>>23532080
roll

>>23532528
>Income from any source derived.
If you're in the USA, then you still have to pay tax on that purchase (if) the value of the btc has increased since you purchased the coin and then used it to purchased the Goods.
The IRS cannot really force you to report it atm, but i bet eventually this sort of transaction will bite people in the butt.

>>23532080
nigger roll

>>23532230
4chan accepts btc

>>23531031
Just scan the persons code

>>23532080
roll

>>23533153
Interesting, another way to tax people. I wasn't sure about this aspect since no one is really talking about it. I bet most people also don't know and IRS could fucked them over very hard.

It's automated you faggets.

10 years after the creation of bitcoin, it's starting to move around a lot. coincidentally, after 10 years, some US laws kick in the IRS hits its statute of limitations for unpaid taxes. heh heh. HEH HEH. bitcoin going to be pumped, the elites going to cash out, and then it's going to zero.

>>23533336
>dump it
Possible, but elites can wait far longer than 10 years. Shit, they can wait multiple generations. Just look at property, they sit on that stuff for many generations.
Also, wut laws make it so the IRS doesn't get their pound of flesh? Wouldn't it make more sense to just stick the btc in a Foundation (Gates/Buffet) to avoid taxes? There has got to be a current way to change btc to fiat and have very minimal taxes other than waiting a magical 10 years. So I smell bullshit.

>>23532080
Roll

>>23532080
Was it a Joo?

>>23533336
No reason to dump. You pump up BTC and live off decentralized collateralized lending with no risk. You use the interests for your own consumption so the original BTC never moves. This way the jews/us don't have to worry about things like loans to us defaulting or moving funds around to avoid inflation. The common currency will still be inflationary like USDT or ETH so you as the jew in the scenario get paid increasingly higher interests in USDT/ETH.

>>23532080
Spill it

>>23531446
Kek I know that feel anon. I once lost my company 4000 dollars when I worked in a currency exchange because I was hungover. They tried to fire me but I maintained it was a computer error and they bought it

>>23533247
>>4chan accepts btc

>cash out by buying 3402945034950349520 4chan passes

genius

>>23532080
Roll

>>23530975
I work in Accounts Payable - wire transaction fees always have upper limits and get capped at around $100 to $300 max, depending on how (((frugal))) your bank is.

>>23531345
imagine waking up and seeing 1 billion in your address

>>23531289
rofl 2020 and shitcoiners still don't get it.

>>23534107
not international wires m8

>>23531511
this rent seeking behavior is partly why bitcoin was born the other part is that trust always gets betrayed and authority always gets abused. always.

>>23534206
We only ever wire money when dealing with international banks. Within US/Canada, EFT/ACH is extremely easy -- worst case scenario, just write a cheque. Very simple.

>>23532823
>sell bitcoin for fiat
>fiat has negative 2% interest rates.
>in 50 years you lose all your money.
>Try to buy real estate with the fiat instead. It gets repossessed by communists and you can't flee over seas if you own real estate.
>Try to buy stocks. The company goes insolvent.
>Buy gold
>Gold price rises, new gold miners open. 21st century gold rush happens with modern technology.
>Gold inflation rate is 10%
>oh fuck oh shit where do I put my money?
>Go back to bitcoin

>>23534241
International wires cost a shit ton, here in argentina swift wires have a 60% fee(not even shitting)

>>23534241
maybe all my banks just happen to be giga jews

>>23534302
>he thinks he'll even be able to buy real estate in the future
>not even being priced out, but it even being allowed for plebs

>>23534329
>>23534372
Ah, I see, I'm a leaf, should have specified it's Canada

My sympathies if you are getting cucked

>>23534241
I really wish there was a photo of her laying like that but her skirt was flipped up showing her pantied butt off

>>23534302
>you can't flee over seas if you own real estate.
Why not? If it's repossessed, you've already lost it. No sense crying over spilt milk.

>>23534455
not since i started using bitcoin for larger sum. it's fucking awesome. money no longer in limbo for days no fees, no banks closing on your transfer out of random suspicion of flagging.

>>23534175
>imagine waking up

>>23530984
>tfw dont need to care about a bil

Why would you send all that in one transaction?

>>23530984
how far /biz/ has fallen
just pajeets shilling shitcoins everywhere
you know this guy has never made a btc transaction in his life

>>23532080
obviously a china man, maybe bitmain or an early mining farm hoster.

>>23532080
Don’t need to tell me I already know
Check em

>>23530860
If it was ethereum it would have cost over a thousand dollars in gas. ETH is bearish

>>23531031
>Reread address 10x, it all lines up
>Press send
>5 minutes later notice a spec on glasses
>Wipe it off
>Reread transaction details just to make sure
>Realise you misread a 1 for an I because of a spec of dust on your glasses
>Billion dollars in Bitcoin lost forever
>Game over

>>23531603