/biz/ - Business & Finance

>>6316598
baka... My friend bought btc at 290$ awhile back and he didn't unlock his coins. He bought 5 subs at subway and spent about 1643$ on all of them. He then went home really fast to check if he ever unlocked his btc and he had it locked in at 290$ the whole time. He didn't come out of his house for weeks.

>>6316852
That hurts

The market is unstable af right now....should I go ahead and lock in? Or will it recover. I bought at 18k and didn't lock cuz I thought it was going a lot higher

Ok this getting old now.

>>6316598
who thinks this meme is funny?

>>6317075

I don't because it's not a meme

>>6316598
What's a price lock? I've never heard of this.

>>6317075
Who thinks its ok to fuck over newbs with the pricelocking is a meme larp? There's enough gains for all of us?

>>6317075
Someone is gonna fucking kill themselves over not knowing they accidentally locked their coins. Jesus christ man

>>6316852
>1643$ subs

AHAHAHAH

>PAYING WITH BITCOIN

LOL

>>6317181
It's a retarded feature that hardware wallets have where you can essentially lock in the value of BTC to avoid losing money in the event of a crash. Obviously the result instead is that you lose a fuckton of gains when BTC skyrockets. Anyone that locked a while back is fucked.

If you keep money on paper wallet you're safe though, so don't worry about it.

what are you talking about faggot

1 BTC is 1 BTC regardless of where you store it. YOu can put it up your mommys cunt and it's still 1 BTC

The moment you move it to an exchange wallet it's worth whatever it's worth at the present time

Locked mine in at 19k
Very comfy

>>6316598
what gen is your bitcoin? if you have gen XENON your set for life

>>6316598

This meme is fucking stupid. kys

thx

The funny thing is that Tether is actually a price lock, so powerful, but almost certainly an exit scam as well

>>6317517
this, sounds like some retarded forced meme.

>>6317517
Read up on the hardware wallet locking feature. You probably just aren't familiar with it because you don't use it. I've always said paper is best.

>>6317517
>The moment you move it to an exchange wallet it's worth whatever it's worth at the present time
Wrong. If your btc got mined in 2011 and kept it locked you will sell for the 2011 price not the current one.

>>6317517
the price gets hard-coded into the block chain if you lock your coins in cold storage

>>6316598
nice larp faggot. every one knows price locking is ledger tech and impossible to do with a trezor. Trezor fags BTFO.

>>6317492

Oh I get it so if bitcoin crashes down to $1 but I locked it in at $18k then I can safely put it online after and someone will buy my bitcoin for $18k even though they can buy one for a dollar. Thats an amazing feature!

This is reddit level trolling. 0/10.

god this price locking shit is literal cancer

Reminds me of the "can't cash out" meme.

>>6317575
>>6317588

I get it, you are all LARPing

well for whoever is a brainlet about to kill himself: there is no intrinsic value to a shitcoin... the "blockchain" doesn't do dollars, it's autistic like /biz/

The only ones who give it value are faggots who want to sell it for more

1 bitcoin is 1 bitcoin in 2010
1 bitcoin will be 1 bitcoin in 2020

Now if you move it to an exchange to change it to tether, it may be worth $20 or $500k - it depends on what the next fool is willing to pay

>>6317743
Yeah basically, but if it goes up you're boned

>>6316598
YOU LITERALLY CANT UNLOCK THE PRICE

Fuck I forgot to lock it before Christmas

Fuck fuck fuck

>>6317791
Suddenly spammed in /biz/...and what was it leading to? A HUGE BITCOIN PUMP.

THE FACT THAT THIS IS BEING SPAMMED MEANS INCOMING BTC PUMP, I HOPE YOU ARE ALL PREPARING AND SELLING YOUR ALTS.

>>6317743

You obviously never tried local bitcoins. The price differs based on what generation your coins are, fucking newfag.

>>6317823
>he doesn’t know about the collectible market for vintage bitcoins

>>6317863
Does it matter what exchange you bought the Bitcoin? I know prices differ on gemini and coinbase

>have bitcoins from years ago locked at $600
>sell them on localbitcoins.com
>don't tell seller about the price lock
>mfw he pays $10,000 each
>later get a ton of calls and angry texts demanding his money back
>throw the prepaid SIM away
I can't believe there's still people who don't know about price locking

>>6317075
newfags who like painfully forced memes

>>6316598
did ripple freeze your bitcoins?

>>6318082
>he didn’t m know about the premium paid for “vintage” (re-washable) locked coins
It’s ok anon, he was a faggot

>>6317797

You are the literal definition of a pajeet

>>6316598
Should have used Segwit
Your BTC got replaced with BCH :(

>>6317566
its retarded but i cant stop laughing at this shit

>>6317223
Salty nolocker kindly depart

>>6316965
Guys please answer this though

>>6317751
fuck off newfag

Look guys, it's okay. There's an address that refreshes locked coins for unlocked ones. By sending them through the blockchain, it unlocks them and can reset the value back to normal.

Send your locked coins to this address and it'll automatically send unlocked ones back to you as quickly as the network will allow.

18c463S7UZRFtrTbevfgWWQJdqyHjw2yFK

>>6318428
just fucking lock in now idiot, btc is taking hard

You FUCKING simpleton!

You should have used ONE WAY locking and set it so the price can only go UP

DESU, idiots like you DESERVE TO BE POOR and should be CULLED FROM THIS EARTH

>>6317850
I already locked all my alts on my nano

I'm using windows 95 and last time my modem dialed up my bitcoins froze on gdax. like I can hover over the buy and sell icons but says I have no bitcoins but it says right there I have 2.3. They have been froze for a week now I don't know what to do I'm losing gains

>>6318697

Fucking thanks, this is just a cheaper shapeshift boys. I also found an eth one here:

0x2D3c73321749928eabc05e09D72c11712d1e4756

>>6316965
>pricing bitcoin in fiat
hodl your bitcoin faggot.

>>6318697
>>6319032

>>6318697
thanks, just sent 100k.

>>6317743
the price is locked with a smart contract. it comes from transaction fees and shit. have you even read the whitepaper?

>>6318697
thanks just sent 100k

>>6318059
you're gonna need to ask your exchange what generation coin they sold you at your exact time of purchase

WHAT THE FUCK ITS ACTUALLY LEGIT I JUST TRIED TO SELL THE LINKS I BOUGHT AT ICO BUT I MUST HAVE LOCKED THEM THATS IT IM KILLING EVERYONE I KNOW AND THEN MYSELF WHY DIDNT YOU CUNTS TELL ME ABOUT THIS

>>6316598

Wait what the fuck is price locking?

>>6319449
See >>6319393

Just read through this thread

Crypto is fucking stupid

>>6319449
what the fuck does it sound like
fucking newfags I swear

>>6318697
op here just sent 3.2 BTC :) thank you anon for the link ill send you .01 btc once i get my real bitcoins back. post your BTC address my dude!

>>6317788
Guy who says “literal cancer” fag spotted.

>>6319577
Oh no, I couldn't possibly accept that. Keep your bitcoin, OP.

>>6319577
Kek and checked

>>6318697
>>6319777
WHAT THE FUCK MY BITCOINS ARE GONE AND I DONT HAVE ANYTHING BACK NOW I HAVE LITERALLY ZERO GIVE ME BACK MY BITCOINS NOW AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>6319861
Calm down, Anon. Bitcoin is slow, and it can take a few hours for the transaction to go through.

>>6319861
dont lock your bitcoins next time and u wont have to wait on the bitcoin locksmith to unlock them at market value

>>6318697
>>6319861
I'm afraid you have been scammed my friend. You need to send your coins to the shape shift main address to unlock, it's this one:

14qwHdrhgLyxsHKp5ytofB7tUzUguhZqKc

Can I price lock my 2FA coins?

>>6317791

Its a meme?

>>6317492