/biz/ - Business & Finance

buy monero

>>4714831
Collectors have ways of finding your shit

>>4714854
they would have zero chance of proving you didnt lose it instead

>>4714831

Fuck me, senpai.
You gotta be smoking some good shit. Because this would work.
At least until authorities recognise a pattern and make it impossible to buy crypto with credit cards.
Won't happen but could be done.

>>4714831
>simultaneously funnels wealth into crypto while ripping off creditors and destroying USD
Delete this before (((They))) see it, seriously.

>>4714962
>>4714831
>use your newfound wealth to scoop up assets at bargain-bin prices in the ensuing depression

regardless of whether or not you should do it, it's a great fucking idea

>Some autist on /biz/ found a way to destroy the Jewish banker hegemony before /pol/ with one single shitpost

>He thinks that's not what is already happening.
A Global irreversible decentralized currency is what will ruin most lending platforms as well as most governments currencies over the next 30 years.

Unless they pull a Nixon and go in your houses and force you to sell it at market price. But I fell like boomers are too dumb to know how to do that at this point.

>>4714998
well if anyone is going to do it, they need to act quickly before they simply disallow CC transactions. i'm amazed that they haven't yet, tbqh

>>4715011
>You can't buy lottery tickets with a CC
>You can buy shitcoins with a CC
That's not going to last long.

>>4714831
Unless you buy your coin anonymously, IRS already has the information of the people who trades at coinbase. Good idea though.

couldn't you do the same with any kind of debt, not just CC?

forgive me

>>4715047
i dont see how that's pertinent

>destruction of (((them))) in one simple move
This is an advanced shitpost

FUCKING DELETE THIS NOW YOU GOYIM THIS WILL NEVER WORK
YOU WON'T WIN
THIS WON'T BE THE LAST YOU HEAR OF US

>>4715052
sure but coinbase takes either checking or credit card. stuff student loans or mortgages would probably not permit you to buy crypto.

>>4714987
Holy shit
This thread needs immediate deletion

>>4715047
>Open bittrex account
>send BTC
>buy monero
>transfer monero to wallet

SLIDE THIS THREAD! NOW!
HEY EVERYONE I AM AN EARLY ADOPTER WITH 10000 BTC! EACH REPLY TO THIS POST WILL GET 1.5 BTC IF YOU POST A FUNNY MEME!

It's like saying make debt and hide the money.
Are you people retarded?

>>4715081
Calm down, this has been happening for a while now. People take shitloads of loans and push it into crypto and declare bankruptcy and the bank can't do shit about it except try and make your life miserable

How does one acquire BTC with a credit card?

>>4714831
honestly btc price would just drop to zero

>>4715138
It was a retarded idea before an asset was invented that could not be retrieved by anyone other than yourself especially since there is no way of proving you even have this asset.

>>4714831
Of course this will work.

But it will work even better after the crash for those with good credit to buy up all the leftover dirt cheap assets destroyed in the cash bubble and get richer x10.

my friend, who turned me on to this, is convinced that bitcoin was created by the Fed to mop up all the excess dollars floating around in one beautiful act of financial carnage

>>4714998 TOP KEK

>>4715168
>do this
>move to thailand
>fuck the bank
Could they find me anon?

>>4715254
yep they could and would

>>4714831
>take out massive amounts of credit card debt
well here is the problem. Is it so easy for you burgers to just take massive loans without nothing to back it up?

Yes, of course, but not fall for the btc, vtc, LTC, such crappy coins, go for LINK

Follow any advice here on /biz/

>>4714831
Interesting very interesting

>>4714998
S I P B O Y S

>>4715309
>is it easy
Yes absolutely, they just charge exorbitant interest. They mail a preapproval right to your house:
>No credit? No income? No matter! You're approved for a $100,000 loan!
>fine print says it's an adjustable rate between 33% and 350% interest.

>>4715366
I think it's capped at 26% by federal law, but I could be wrong.

>>4715366
that sounds like a bad business plan for the creditor

>>4715433
If you don't pay they crank you up to a high interest rate with lots of penalties. They hope you pay the minimum payment for the rest of your life.
If you don't pay them, they take you to court, ruin your credit rating, and you never get anyone to loan you money for 7 years.

>>4715446
>you never get anyone to loan you money for 7 years
well i'd take $100k for that lol

>>4715461
No one is going to loan you $100k unless you have a great credit rating, which means you have a long history of repaying your debts.

>>4714998

I have a total limit of $7500

$2500 at 0% APR for at least another year though
what do?

>>4714831
You can only charge $1k per card a week or some shit. And it's required that you show your drivers license on coinbase now.

Sorry anons, wont work.

>>4715489
Oh and to follow up with my post:

cryptocoinsnews cum/coinbase-ordered-hand-14000-user-accounts-irs/

>>4715485
Don't charge more than you can repay in a single month and don't fuck up your credit rating because of the advice of a bunch of autists on an imageboard.

>>4715478
mm so lets see..
>start taking small loans
>put it in btc
>repay with btc gains
>take bigger loans
>repeat until you borrow 1 million then do what OP says
could work?

>>4715489
If you only have one card.

>>4714831
slight revision:
>invest in bitcoin
>buy with credit card via normiebase
>>schedule payments with fake bank account #sand take advantage of the ach lapse
>>rack up 1000% of your CC balance in bitcoin
>>transfer your 6 figures of bitcoin off exchange
>>dispute all the charges as fraud
>>bank has to write it off
>>normiebase locks your account
>>open another and repeat until CC closes your account
>hide your btc from your debtors
>>normiebase can't repossess shit
>credit card agencies cant repossess shit
>declare bankruptcy
>secretly get rich
>multiply by 25% of Americans
take down coinbase
take down financial system
shitcoins win

>>4715489
>You can only charge $1k per card a week or some shit. And it's required that you show your drivers license on coinbase now.
my jewbase cc limit is 10k and my bank limit is 100k and i'm a nobody
just do their KYC shit and apply for higher limits, simple

>>4715506
Open a brokerage account and buy on margin. Then at least you can make an educated decision about investments.

>>4715505
>Don't charge more than you can repay in a single month and don't fuck up your credit rating because of the advice of a bunch of autists on an imageboard.
Too late for that lad I'm already balls deep in crypto, partly financed initially by CC debt. I don't even have a job

Does anyone still issue NINJA or NODOC loans?

>>4715426
I could be misremembering but I got a piece of mail like that once. The initial is probably wrong b that maximum rate was definitely triple digits.
Perhaps they exploit a loophole or something.

>>4715525
Well sell as much crypto as you need to pay off the debt. It's not rocket science. Don't go in to debt, ever, unless it's a house.

>>4715525
>>4715505
I should also note that I now have excellent credit because of this scheme (cc debt -> crypto -> pay off debt)

>>4715532
The payday loan places are under different rules, as are the personal loan places. They can rape you financially and it's totally legal.

>>4715534
>unless it's a house
how'd you find 4chan grandpa

[D.VA pump & signal]
https://telegram.me/dvapump
This is our profit table. Let's meet on telegram.
XMR +25%
BCH 1st +10%, 2nd +10%, 3rd +15%
KYC +8%
ARK +15%
NEO -8%
OMG +20%
DASH +166%
ZEC +12%
Wavers +45%
EMC2 +30%
https://telegram.me/dvapump

>>4715538
Until crypto crashes
>>4715548
You can deduct your property tax and interest on a house. Plus it's an appreciating asset unlike a car or something like that.
>This is /biz/ not /coin/, right?

>>4715213
1. Coinbase has your info and IRS will have it too.
2. You can hide anything; you could buy gold.
3. You won't be able to spend your money.

>>4715566
monero, obviously

>>4715565
>Until crypto crashes
And then what? I do what everyone else does and work for peanuts and pay it down, no big deal

upside is massive and downside is capped, pretty simple

looking forward to mortgage measured in sats

>>4714831
>this could take down the financial system

>>4715254
I actually did just this but moved to the Philippines with the money!
I work offshore so now get paid straight in to my BDO bank account and just avoid the UK.
Under UK law I can go back in 10 years time have the debt wiped from my history and repeat.

>buy thing with credit card
>put in safe
>Hide safe from debitors
>declare bankruptcy
>credit card agencies can't repossess your shit
>secretly get rich
>repeat for 25% of Americans

>>4715566
>3. You won't be able to spend your money.
bullshit, people would line up to take monero for goods and services even if it's at a premium

purse.io etc.

>>4715592
As long as you are prepared for that to happen. Just don't leverage yourself to the point you get in to a really bad position.

>>4715585
What does that even mean?
You bought BTC through Coinbase idiot.
You cannot buy on an exchange without a tie to your bank account.
You buy BTC and then Montero.
They still know you have bought BTC.

>>4715611
You still can't buy a house or a car without them being taken away.
You can't have any durable item.

i did this already


took out 15k in debt in 2015

5k on bitcoin.

have not paid anything of it back

i dont have bank accounts

i dont have creedit cards anymore

i dont see a way they can get money out of me i dont even have a job.

my bank is suing me and my court date is in feb

im gonna tell the judge that i dont even use cash
anymore

when i need food i just buy giftcards with bitcoin

i live with my parents
and im going to tell them i only have bitcoin

i hope i make it in the news

it would be historical

"FOR THE FIRST TIME IN HISTORY" - california man settles debt with bitcoin"

>>4715631
what is your point? the pertinent question is whether they can demonstrate that you still possess the coins. with monero they cannot, period. with bitcoin it's an open question because of hacking/losing your wallet, but with more risk because they can monitor for spending from the address

>>4715615
right now I have about 11k in crypto, 2.5k in mining hardware, 4k in computers/electronics and 3k in CC debt. I'm thinking about putting another 2.5k into crypto from here since that's at 0% for a while

I'm prepared for that to happen I guess, but I'm in a fine position right now

>>4715657
>You still can't buy a house or a car without them being taken away.
you can rent and uber

>>4715605
EZ mode

>>4715658
why not just pay down the principal you fuckin goof?

>>4715659
>what is your point? the pertinent question is whether they can demonstrate that you still possess the coins.
I get a 100 k USD loan.
I buy gold with it.
I hide it.
They cannot demonstrate I have the gold.

Are you like five?

>>4714831
Nice idea, the problem is you couldn't really enjoy the money you made for a while. They actually do pay attention to how you spend money during and after a bankruptcy, and if you're buying a lot of expensive things (or really just spending more than you make on paper) they will track down coinbase records and figure out that you committed credit fraud. Before you say that's not credit fraud, read the definition. You borrowed money with no intention of paying it back, and in fact you had a plan in place to never pay it back, which is very illegal.

>>4715686
why should i ?

sure my credit is wrecked

BUT WHO CARES

im trying to make a statement ,


FUCK FIAT
FUCK CREDIT CARDS
FUCK BANKS

bitcoin baby

>>4715690
/biz/ is literally retard, it's pathetic

I think the Jews are done accumulating so they rolled out their one world enabling A.I. written Cryptocurrency to do exactly this. Crash all economies nothing is backing our money already and now that we are litteraly forking it over to something that is essentially an un-tarrifable untaxable import we are all gonna be sucking isopropyl through breadbags until these Jews get the new order lights on again. screen cap and print this out and post it on your wall. Cuz you won't have electricity to post this.

>>4715721
just seems like pointless toil for nothing
nobody will care and you'll just put yourself in a worse position
if someone's gonna make a statement it'll be a whale, not some cuck with 300k

>>4715660
Sounds like you did it the right way

>>4715742
my ideal game plan is to save up for a large house in a cheap but safe area around here, buy it, convert to duplex, rent out half while living in the other half

any flaws with my master plan?

>>4715766
So long as you don't wake up tomorrow and see bitcoin trading at $500. That's a possibility, so make a plan in case that happens.

>>4715786
>So long as you don't wake up tomorrow and see bitcoin trading at $500. That's a possibility, so make a plan in case that happens.
plan is p much get a job and buy more then i guess

DELET THIS

>>4715795
I don't see anything wrong with making some money off of coin. I put $500 in when it was $3k, but I wouldn't plan my future based on it. It could crash at any minute for any reason regardless of what you read here. Just make sure you have an exit strategy in case that happens.

Hi OP so it says here that you declared bankruptcy a year ago but looking up your file shows you're living in Beverly Hills with total assets in the seven figures, can you give us a call back?

>>4715219
Yeah except it was someone from another country pissed off and wanted to attack america so they devised bitcoin to crash USD by feeding from it.

>>4715820
>but I wouldn't plan my future based on it
Honestly, I'd say the "normal" route is my plan B. Getting completely wiped out in crypto at this point for me sets me back what, six months of wagecucking at most? But the upside is potentially years worth of wages in a relatively short time. It seems like a no-brainer for me. I guess I'm not planning my future around it, but it has the potential to pay off and influence my future in that way.

>>4715866
I'm kind of kicking myself for not getting on the bandwagon earlier. I have a stock in my brokerage account that I put $10k in to and it's worthless now. I wish I had put it in to crypto instead.
I tried mining ETH with my pc, but it seemed too little too late. Sounds like you were ahead of the curve, I hope you get a nice reward for that.

>>4715690
You realise the difference between tracking cryptocurrency and tracking gold, right?

>>4715913
Actually I was lurking /g/ and playing video games in my mom's basement back in 2010 while they were all telling me Bitcoin would be the next big thing. I remember writing it off and making condescending posts about how their fake Internet money wasn't going to go anywhere. Pretty sure if I had left my secondhand Thinkpad on overnight I'd have gotten a few hundred Bitcoin around that time. I assume I would have sold it all for $20 though like everyone else that held that long.

>>4715954
You think it's still worth mining alt-coins? I tried mining ETH for a week and all it got me was a hot room and .000001 ETH. I have two 980Tis.

>>4715981
I mine altcoins with my rigs—the trick is to research and find coins that people don't know much about. ETH, XMR, etc. are all pretty saturated, but there are coins out there that people simply haven't discovered yet. Not to mention those which are simply low market cap/relatively unknown and which have the potential to go somewhere in the future. Although I suspect that the greatest alt season is now behind us (March–Sept of this year) and with things like Bitcoin futures reaching normies, it's all up in the air.

Personally I just want to keep what little money I do have in crypto and hold on to my butt

>>4715952
Yeah, all crypto transactions are public; gold transactions are not.

Jesus /biz/ is retarded.

>>4715721
They're gonna sue your parents as your legal guardians and take your house

>>4715981
>>4716032
also it's pretty neat to save on heating in the winter or even get paid for it (depending on what you're mining)

>>4716042

>>4716032
>>4716050
I live somewhere where it's still hitting the 80s during the day, so it just makes me run the AC in addition to the electricity. Are there really any alt-coins that aren't scams? I see people shilling them all the time here, but I haven't been especially convinced.

>>4714831
THE NWO HAS PLANNED THIS ALL ALONG. THEY WILL USE CRYPTO TO CRASH USD, THEN ADOPT CRYPTO WITH A REAL DIGITAL CURRENCY, CLAIMING THAT CRYPTOCURRENCIES ARE A THREAT AND MUST BE CONTROLLED BY CENTRALIZED SYSTEM. THEN THEY WILL DEMAND THAT YOU DO BIOMETRIC SHIT TO BUY CRYPTOS. THEN THEY WILL USE BLOCKCHAIN TECH TO CONTROL EVERY ASPECT OF SOCIETY, USING 5G INTERNET TECHNOLOGY. ALL YOUR PROPERTY WILL BE A PART OF THE NETWORK, SUBJECT TO CONSENSUS. THE FULL CONVERSION OF SOCIETY INTO SOCIALIZED ECONOMY WILLBE COMPLETE. AND THEY WILL MAKE IT SEEM LIKE AN ORGANIC THING. THEY WILL MAKE IT SEEM AS IF YOU ARE THE ONE WHO ASKED FOR IT. PROBLEM REACTION SOLUTION. THERE IS NO DEMAND FOR THE MARK OF THE BEAST... SO THEY WILL CREATE THE DEMAND. EXPECT SHIT TO GO DOWNHILL BEFORE THE NEW ECONOMY IS PUT IN PLACE. THEY PROBABLY WANT TO GENOCIDE MOST OF YOU, BEFORE THE BIG ACE IS PLAYED. THEY WILL CLAIM THAT IT IS NECESSARY TO ADOPT THIS MEASURE, TO FIGHT AGAINST THE NAZI THREAT. I HATE NAZIS, BUT I GOTTA SAY... I NO LONGER KNOW WHO IS THE NAZI (WE DO KNOW THAT SOME OF THE ELITES ARE FROM EX-NAZI FAMILIES, BUT THE DEGENERATE TRAILER TRASH ARE ALSO NEO-NAZIS). IT'S ALL BEING DONE BY DESIGN.

>>4716072
Hi /pol/

>>4716066
Well, clearly you're not very involved with crypto, so to give you a primer, most altcoins are total bullshit, but there are at least a few that have potential. I'd say that a few years from now, out of every 100 alts, probably 95 of them are simply not going to be around or relevant or at least worth even half of what they're worth today. What I'm mining right now is pretty much just for short-term profit and I'm rolling it into something I think of as a slightly longer hold in terms of crypto, but it's still relatively short-term (Q1 2018).

But there are some legitimate alts. I think XMR is a great long-term hold for example. If I had a larger bankroll I'd probably have 30% BTC right now, 25% XMR, 25% ETH and the rest in a couple of key alts. But because I'm such a small fish I've got almost all of it in just a few of those key alts

>>4716211
What key alts?

>>4716238
>What key alts?
FunFair

>>4716256
You have a couple of different ones though

>>4716279
couple of sleepers I want to keep to myself until I'm done putting my pennies in as I said above
Funfair's already too big for me to have a significant effect on the price by posting here
whereas the others aren't yet

>>4715981
>mining ETH with 980ti
you're doing it wrong buddy

>>4714998
>tfw oc is posted
yes boys this feel is so great.

>>4716550
It's what I had. I chose from a 720, 780 and two 980Tis. I wasn't going to spend anything to do it.

>>4716589
you can't really mine anything significant with just two 980's nowadays

I have a total of six machines here full of kit and I had to do a fair amount of research to find something genuinely profitable, everything else was third-world-tier

>>4716630
That's pretty much why I stopped trying after a few days.

>>4716589
i meant ethash is the wrong algo for your gpu

try equihash

Nice, but the debtors will liquidate my house if I won't cover the debt.

If you are gypsy basement nomads with no house/car/bank account it might even work

>>4716630
4 x 1080tis FE + very powerful CPU (forgot what model)

Worth mining monero? Or just shitcoins in a hope that they moon?

>>4714831
>could bitcoin pop the credit card debt bubble
no, imo its the other way around, people use their credit cards to buy bitcoin, fomo hard. This might be a reason that the bitcoin bubble will pop. If we get a economic crisis Bitcoin will be the first that will be sold. Leaving alot of people in debt & fcked for life.

>>4716630
what are you mining now? six rigs is quite a lot, do you instasell or hold?
also what other alts? cmon only a couple of faggots are reading this, they wont buy your shitcoin

>>4715843
lol this
OP is not very smart.
Also the coinbase dilemma is real. Eventually all centrally located fiat-crypto exchanges are going to be IRS compromised.

>>4716671
IMO not really. You might get a few dollars a day minus electricity = like $5 or something. I don't know for sure.

It's only profitable for me because I put the time and energy into researching new cryptos and I suss out which are promising

Here's a better plan

http://nomadcapitalist.com/2015/07/27/the-fastest-countries-in-the-world-to-become-a-citizen/

>If you’re willing to start a business and hire local workers, you can become a Macedonian citizen in less than one year. In fact, Macedonia has the least talked about economic citizenship program in the world, targeted specifically at entrepreneurs who can invest at least 400,000 euros into a real business.

>Get anon friend to move to Macedonia and start shell company
>Apply for Macedonian citizenship
>Become citizen in under 12 months with entrepreneurial program
>apply for loan
>Invest X money from loan into shell company
>with bitcoins
>keep money all to yourself
>buy one way ticket home and rush to airport as fast as you can knowing authorities are coming for you
profit?

>>4716674
+ if you type " Buy bitcoin with credit card " on the google trend page you will see a huge spike since 19-25 november.

>>4714831
yes until you try to cash out

>>4716674
People will have to sell to pay back their cc debt or home loans they took out. Theyll also have to cashout so they have some expenses to live on since they quit their job to become a crypto millionaire.

>>4716674
yep >>4715183

>>4716671
choose between safe, consistent income (high diff) or riskier potentially more profitable one (low diff)

>>4714962
the moment we back our USD with a coin instead of the FED, will not be a pretty day. (((They))) won't give up so easily.

>>4716694
Just buy FunFair and enjoy your 10x in March you cunt

>>4715171
coinbase. I did it a few days ago.

>>4715721
>the crypto-chad

>>4715658
a true present-day Diogenes

>the virgin tax fraud
>the chad tax-paying citizen

>>4716752
lol i remember daytrading that shit on binance in october, its gone wayyy down in sats now. 1 billion marketcap in march you say? it looks cheap now but could go to 50 sat for all i know. I hope you're not all in on this

>>4716833
tax paying cuckery

>>4716843
agreed but mike novogratz sunk 4 mil into an OTC trade for it two weeks ago at 215 sat
I believe this is, if not the floor, then a very strong support
I am not a genius so I will follow his lead

>>4716872
didnt have that data thanks i'll look into it

>>4716872
>tfw only holding 20K FUN
Am I gonna make it?

>>4716914
I have 250k right now, sold a bunch at 300 sats recently but plan to buy back in soon

>>4714831
Wouldnt they just take anything you possess anyway

>>4716914
>>4716930
And yeah, 20k FUN is fine. Can't complain about a clean $20k USD come March. :^)

>>4716855
yes

>>4716097
jewry is an important aspect of business anon

>>4716937
How do you they prove how many BTC you have in order to take them? How do they force you to hand over private keys if you have them memorized?

>>4717069
>private keys
>memorized
maybe a mnemonic at best but cmon

>>4717069
They take it because you're in debt, not because they think you have money but refuse to pay it off.

They'll take your computer, your car, your cellphone, your house, everything. You cannot escape the jews if you live in the US. They will find you, and they will take the shirt off their back if it means making you suffer for not giving them their precious money.

>>4715690
Then exchange the gold into something you can exchange for goods and services after pulling it out anywhere in the fucking world with a internet signal?

>>4716975
Ironically, I'm here from /pol/.

>>4714831
holy shit this would actually work - I could probably get about 100k in credit card shit. Too bad I'm too much of a pussy to try to do this lol.

>>4715843
As stated on the ticket that estate belongs to a trust I manage and not actually me...

>>4717166
I think you overestimate how much credit you can get.

>>4717086
I've managed to memorize ~100 digits of Pi how hard can it be?

>>4717166
What's your credit like? Mine's borderline 'excellent' / pretty high-tier and they won't give me a damn thing. 100k strikes me as unbelievable unless you're in your 40's with a lot of established credit already

>>4717229
til you get a bonk on the head and you forget a digit and whoops there goes all your money
not to mention 2FA etc., lots of monkey wrenches in your plan

gotta work smart broseidon

>>4717244
I'm in my 40s with established credit and a good salary and my highest limit card is like $75k

>>4716072
Thats if we accept the centralization of crypto. Considering the whole reason we love crypto is because its decentralized, good luck

>>4717297
On a single card? Who the hell would charge 75k in one go to a card with what must be 20% APR? Seems insane to me unless you're very well off and frequently just need to float tens fo thousands of dollars at a time

I'd understand if it were a small business card but that strikes me as quite high for a personal CC limit

>>4715011
You can get a cash advance with most CCs

>take loan in russia and put it in crypto
>bank sells your debt to collectors and they molotov your apartment

>>4715124

I gotchu

I'll probs still be wagecucking but a little goes a long way:

14df5N9m4yLEXXVYbPUycuuDW65jjoZVAH

>>4717320
It's one card. I never carry a balance on it, and I'm not stupid enough to ever max it out. I was just curious how high they would set my limit. They started saying no after $75k. I'm thinking if I rode $20k on it and made $1k payments a month they'd let me hit the six figure mark, but I'm not that stupid. Currently paying 10% on it if I carry a balance, which I don't.

Except when you declare bankruptcy you basically get reemed so hard by the government and taxes that you will forever be fucked for life.

If it was so easy to just declare bankruptcy and get money for free, then anybody could do it. But there are HARSH consequences to this and no one should be doing it unless really in dire need (like negative $1 million in money)

OP shall be the one we call Tyler Durden. All Hail Tyler Durden!

>>4717402
They changed the bankruptcy laws about 12-13 years ago. It used to be like that. Now you still have to pay denbts.

>>4717366
How'd the process of requesting each subsequent limit raise work? Do you just call them up and request it over the phone?

>>4717402
not as bad as you think

my parents did it 3 times

>>4717446
>bankruptcy
>my parents did it 3 times
Are your parents Digimarines by any chance?

>>4717443
No, it's a link on their website. You just click "raise limit" tell them how much you want and how much you make a year. If you get the limit increased it happens immediately. If you don't you get a "processing" message and they send you a letter by post.
Not all banks do this. My high limit card bank does, the other one you have to call and I can't be bothered to do it.

>>4717457
Subsidized wetbacks

the judge will hold you in contempt of court until you produce the hidden cryptos

>>4717484
Need 12+ word seed key to open the wallet. Easily forgettable if not written down. They just going to imprison you for life?

>>4717507

maybe not life but definitely a few years

>>4714831
I have no idea what would happen after, but sounds like it could work

>>4717475
>You just click "raise limit"
Damn, you are living the life. I'm not sure if I should try to get my limits increased or if I should just keep applying for more cards.

>>4717484
SHOW US WHERE YOU HID THE TENDIES

>>4717562
Credit history is more important than number of cards. I'm still using the one I got when I opened my first bank account.
>Member since 199X is kind of neat to see on a card
I have two others, but they are only because I opened them to get a deal at a store with a bulk purchase.

>>4714871
Unless you bought anything

>>4717507

also, if you just show them the wallet and claim you've forgotten the password, they might let you go, but they will watch that wallet for the rest of time and the second the tokens leave it you will be right back in jail

Will dogecoin ever make a comeback?

>>4717616
no

>>4717622
I wish it would.

>>4717590
I'd just like to be able to take advantage of some of the 0% APR offers available, but each new card I open has a lower limit than my oldest one. I was recently approved for two cards but the sum of both of their limits is less than half of my main card's limit. I assume I could have my limit raised on the oldest card but it's not worthwhile at such huge interest rates

>>4714831

I mean you would need to give up everything first though.
When you declare bankruptcy you'll get completely liquidated

>>4717668
will they confiscate assets out of the country?

>>4717666
Stop chasing the 0%. The more cards you have open the worse your credit score, which means worse credit card offers. Just pay off what you have, close everything but your main card, and set it up for Android pay or something that you can pay off every month. You'll have an 800+ score before you know it. When it really matters is when you buy a car or house or other big ticket purchase. Not stupid shit like credit cards.

>>4717705
I don't care about my credit score, I'm just trying to destroy my future by gambling on cryptocurrency

>>4717720
Well, get your credit score high and you'll get that limit increased on the one credit card.

>>4717728
That's the thing, nobody takes Discover :(

>>4717739
bummer. They have the best cash back program too.

>>4717687

If they somehow find out that you moved assets out of country, yeah.
Or you could be jailed for fraud

>>4717752
>bummer. They have the best cash back program too.
Not to mention their price protection. I got a pretty decent 60" Sony TV for something like $220 after tax using that. They just cut me a check in the mail.

>>4715676
>rent
They check your credit history

>>4717759
What would happen if I lived on an oil platform in international waters?

>>4717762
I've thought about getting a Discover card. Worth it? Do they take it most places?

>>4717767
Dunno about where you live but around here if I paid someone a small premium I could just pay month to month in a quiet suburb

>>4715513

Use changelly. You can instantly max it out there. I did over 3000.

>>4715766
Issues with duplex include tenants becoming too friendly with you and not paying on time then you feel too bad to kick them out

>>4717768

You would still have the citizenship of some country

better idea

>use visas to buy crypto
>constantly balance transfer to get less interest
>interest is only like 20% a year max anyway
>crypto goes up by far more than this each year

free money

>>4717773
I don't know how it compares to others but it seems fine to me. I don't think there are any fees and I currently have 5% back on Amazon which is pretty great considering I'd be shopping there anyway. Price protection and the occasional Discover-only sale are the main reasons I got the card originally.

Accepted almost everywhere except for Coinbase and my dedicated server provider, not sure why that is

>>4717790
Thanks for the heads up. Their fees are really high—6% haircut right up front it looks like—but I guess it could be worse. In any case, I'd much rather put that charge on my 0% APR cards right now, so hopefully I can make that happen soon

>>4717805
No, I'm pretty sure I have autism when it comes to money and I would not feel an ounce of guilt

>>4717811
yes but would they really cruise out there on gunboats and confiscate my gaming PC, microwave, and frozen tendies?

>>4715866
This.
I might as well go big or go home since I will have to work anyway if I cash out now.

>>4717819
I have a good friend that swears by it because of the cash back.

I just got a 0% APR card with no late fees. The limit is pretty small but it's not nothing.

Should I just max it out on BTC and pay the minimum every month?

>>4717822

Depends how much money you scammed them out of

>>4717878
let's say $750,000

>>4717874
yes. Go all in on FunFair

>>4717874
No. Cut up the card and save it for a rainy day. If you don't have cash you can cut up in to pieces and lose, don't buy coin.

>>4717853
>I have a good friend that swears by it because of the cash back.
When I first received the card I believe I had double cashback in the form of a check matching my total cash back for the first 12 billing cycles, delivered on the 13th. Stacked that with the Apple store cash back promo to get a pretty steep discount on a brand new phone a few years ago—still using it. Paid off fairly well I suppose

I have a Chase Freedom Visa and their cash back is excellent as well, I think I have about $100 in cash back just waiting to be redeemed and I spend relatively little on the card. I'm actually not sure what their rates are for that, but they seem high, definitely more than those of my Discover

>>4717966
Thanks for the info anon, I appreciate it!

>>4717308
>he thinks the elite are not already counting on this
HAHAHAHA THE ELITES ALREADY KNOW YOU ARE GOING TO BE AGAINST IT. MAYBE PEOPLE LIKE YOU WILL BE TREATED AS PART OF THE PROBLEM. DO YOU REALLY THINK THEY CAN'T USE YOUR DISDAIN FOR CENTRALIZATION AGAINST YOU? THEY'VE BEEN STUDYING THE CRYPTO MARKET AND THE PSYCHOLOGY OF IT FOR MORE THAN A DECADE. HAHAHAHAH. WHEN THE TIME IS RIGHT, MAYBE YOU WILL BEG FOR CENTRALIZATION. ALL IT TAKES IS A MASSIVE EXCHANGE SCAM THAT MAKES YOU LOSE A LOT OF MONEY (TETHER AND BITFINEX COMES TO MIND). THE ELITES HAVE WON. THEY HAVE US BY THE BALLS NOW.

>>4717705
Is it because of the average age of your credit history?

>>4718023
Yes, average age is weighted higher than number of accounts or credit limit.

>>4718047
Good to know, thanks

>>4718047
Hmm. I chased the 0%. Should i just close my newest credit card? I have 2 others that are a bit older. In hindsight i dont even know why I grabbed the new cards for the intro apr. i guess i just wanted to be more liquid

>>4718085
If there is no yearly fee, keep them in your drawer or something. They might get closed due to inactivity but in the meantime your jew score will improve.

If they have yearly fees close them.

>>4718085
>In hindsight i dont even know why I grabbed the new cards for the intro apr. i guess i just wanted to be more liquid
This is why I did it. Same exact reasoning/situation. I figure if I see an opportunity I'll have that cash flow and if I don't then it won't hurt much, maybe I'll close them in the future or maybe not. I did get 3 different cards with vastly different benefits, so there's that.

>>4718110
Exactly
>>4718113
I'd keep 1-2 cards. If you're worried about your score opening and closing is a bad idea too. Just maintain 2-3 cards with no balance and as high a limit as you can talk them out of.

>>4718132
Sorry, I meant 2-3 cards.

>>4718132
>>4718141
sounds reasonable
Just requested a limit raise on my oldest card but was auto-rejected

Gonna pay it off soon and try again (sitting at ~50% utilization for a few months now), hopefully that makes the difference

>>4714831
BUY LITECOIN

It has better infrastructure, transaction time, mining, and developers compared to other altcoins

>>4718164
What's your credit score? You aren't going to get a limit increase with 50% utilization. Get it down to sub 10% before you make your next request.

>>4714831
This. Except : monero

>>4718192
730, down from 770 when I was at 5-10% utilization

seems to spike up and down rapidly between those two depending on my average utilization over the last couple of months

>>4718192
If you keep a 0 balance, would it really help your score if you have high limits on your cards?
Also, is 10k a lot?

>>4718132
>>4718223
10k limit

>>4718211
>>4718223
>>4718244
So I'm in the 830s. If I get up to like 20% utilization it drops me down about 30 points. If I pay everything off it gets me about 10 points higher. It seems like they combine all limits and debts from revolving accounts, so I'm usually around 2-5% utilized of a total limit slightly above $100k.
I guess my best advice is to never miss a payment on anything. I stiffed an apartment complex out of $200 a very long time ago, they referred it to collections, and I had to spend 7 years with a sub 700 score.

>>4716256
Nice one FUN-bro

You goyim are going to cause a bank run, look at you all... Rubbing your hands together and putting all of your massive debt cards and loans into cryptos.

You're going to make btc moon to new heights, everyone will be rich.. except you goyim don't realise this'll kill the welfare state at worst.

Buy stocks, go to work!! Don't quit your jobs just cos you landed a big btc win! Anti Semites are out of control!

>>4715008
or they will throw your ass in jail for your whole life

>>4715690
how will you sell the gold after you lie?
they will catch you

>>4716042
>Calls me retarded
>Doesn't know what Monero is

>>4715505
cuckolds like you will never make it. you still see as buying meaningful crypto (btc and legitimate alts) as a "risk".

10 years from now who will be the ones that say I told you so? FIAT cucks or crypto lords?

>>4716072
>ALL YOUR PROPERTY WILL BE A PART OF THE NETWORK, SUBJECT TO CONSENSUS
Is this a IOTA shill?

>>4720352
what did he mean by that. Your property being yours must be agreed upon by the majority? that sounds like commie hell

>>4715056
>>4714831
>because repo can't take all the shit you have in life if you didn't repay your debt
>being this fucking stupid

enjoy living in the street with no car or possessions if you do that

>>4717094
shhhh, they're too fucking stupid to understand anything at that point

>>4714831
>buy gold with credit card
>hide gold
>declare bankruptcy
>????
>lol retard

Sup ya'll, took out a loan of 30k to buy shitcoins (LINK, REQ, ICX). I make that in a year. In a county with no personal bankrupcy. Currently up by about 20%, looking to hold at least a year and wagecuck to afford interest payments. Rate my financial skills from 1 to 10.

>>4715658
Just pay your debt off so your parents aren't fucked.

>>4715658
>that much not on a hardware wallet

>>4720732
>LINK, REQ, ICX
I'm sorry

>>4720732
negative 1000