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/biz/ - Business & Finance

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4595043 No.4595043 [Reply] [Original]

>cashing out

The first thing you learn in crypto: YOU CAN'T CASH OUT. The point is to hold onto it until you're able to buy stuff with it. Why do you think it's gone up all this time? We're still in the early stages, people are buying in with the speculation that you'll one day be able to use it as commonplace currency

>> No.4595053
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4595053

>he cant cash out

>> No.4595061
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4595061

>>4595043
"Early adopters"
Remember kid, this is their selling point. You will get dumped on. PND SHITCOIN.

>> No.4595063

Yes, you absolutely CAN NOT cash out. That would be the stupidest thing you could do.

>> No.4595078

>see this meme
>never actually tried cashing out
>login coinbase
>sell 0.01 to test it out
>get an error
>"Sell Option currently only available to Accredited Investors"

i-i thought this was just a joke

>> No.4595354

This board is full of stupid people.

If you think you cant cash out then why pour thousands into it?

I cash out a bit every week, quadriga is the bomb - it took 4 business days and no fee

>> No.4595396

>>4595078
W-what. How about other sites, guys?.anybody using bitfinex?

>> No.4596182

>>4595354
nice shill

>> No.4596199

>>4596182
nice cryptocurrency shill saying you can't cash out . see how that works?

>> No.4596216

>>4595043

You can cash out, it would just be extremely stupid to do so.

Bitcoin is still far faaaar away from its true value

>> No.4596219

>>4595078
Similar thing happened with me and coinbase. Trying to cash out btc thinking this was an autistic meme and got some message about withdrawal being unavailable. How many years will we have to wait until I can buy a lambo at the dealership with omg..

>> No.4596225

>>4595043
but im already buying things with my btc!

if you are such a poorfag that the transaction fees are relevant to the bitcoin you are sending, you shouldn't be buying anything other than more btc.

>> No.4596230
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4596230

>>4596216

Fucking 4chin why do you delete my pics

>> No.4596231

>cashing out to USD
>2017
shiggeroony ma dude

>> No.4596236

>>4595354
Kek who the fuck is paying you faggots

>> No.4596259

>>4596219

So Coinbase sucks eh
Try Bitcoin.de
You can directly trade Bitcoin to Fiat with other people

Anycoindirect.eu also works. Let's you even sell Bitcoin unconfirmed (only 100 bucks per day though)

>> No.4596267

localbitcoins? lol. Or are we talking about trying to cash out a few billion

>> No.4596456

>>4595043
Why are bitcoins valuable? You have your computer solve equations to what end? It uses up precious energy, time, and wears out computer parts to make a number go up. No real value to this world. The same can be said for "real" money, except that products are made and sold, things actually happen in the real world as a result of the labor done.