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/biz/ - Business & Finance

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7229278 No.7229278 [Reply] [Original]

https://www.bloomberg.com/news/articles/2018-02-02/bofa-to-decline-all-cryptocurrency-transactions-on-credit-cards

NEWS JUST IN!!!!! AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.7229301

My mastercard has always been declined

>> No.7229307

>>7229278
So use a debit card :^)

>> No.7229319
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7229319

>>7229278

Keep messing with my crypto profits you fucking hook nosed kikes. See what the fuck happens.

>> No.7229327

>credit cards
Fair enough. Who is dumb enough to buy CRYPTO on credit?

>> No.7229344

>>7229278
guys, I have access to one of those faggot Jewbergs' offices. Should I now storm in with one big REEEEEEEEEEEE?

>> No.7229345

Told you about dem credit cards.

>> No.7229350

SELL OR HODL?? WTF BAN COMES INTO ACTION THIS SATURDAY??? HUGE WHAT DO!!?????

>> No.7229362

Good. Idiots maxing out cards and writing off debt would have lead to regulations if they didn't do this.

>> No.7229366

>>7229319
Jew (pretty friendly) here, and this guy's right, people have their limit

>> No.7229371

>>7229327
Me.....
I did because it was instant. Bank transfers take too long.

>> No.7229376

>>7229278
Maybe people will finally realize that they do not own their fiat.

>> No.7229381

>>7229350
Hold. Bloomberg is publishing shit that we've known about for days. They're running out of coordinated FUD. This will be nothing.

>> No.7229384

I've never seen more FUD in my 3 years of crypto than what is going on right now. This shit is absolutely ridiculous.

>> No.7229394

>>7229366
>friendly
>jew

pick one

>> No.7229403

>>7229327
It was a loophole. Most cards charge for a cash advance. Even if you didn't try to flip crypto for a profit. You could have gotten a cash advance at the normal rate of other purchases. I'm still a bit bummed I lost my free money machine.

>> No.7229412

>>7229327
me but i pay it off right away. chase was giving me points until recently and so was capital one. now none of my cards work for buying crypto

>> No.7229413

>>7229278
>More advertisement for crypto
>banks are scared.
Sounds good.

>> No.7229416

>>7229307
SPBP
Why does this thread exist OP? Literally gas yourself.

>> No.7229418

>>7229366

The day of the rope is coming, you better become a christian like bro Nathaniel. Best luck friend

>> No.7229424

>>7229278
we knew this yesterday you snail

>> No.7229437

Why are most of these FUD articles written by women?

>> No.7229438

>>7229366
>green ID and dubs
I am forced to believe you. Or did you pay hiroshimoot for this?

>> No.7229454

>>7229371
>request debit card from bank
>free
>use that
???

>> No.7229474

>>7229424
Bloomberg published it today though. Like I said they are spinning stories we kind of all already knew a day or a few days late. They are running out of ideas.

>> No.7229498

>>7229278
>>7229301
no matter how it would affect the market. but it's like a game... bad news - sell first, because if you don't then the others will.

lol.

>> No.7229820

>The move doesn’t affect debit cards
As simple as that. Also, if you still feel the need to buy crypto (instead of having bought it much earlier), that means you're a nucoiner. Considering that this thread is full of /pol/acks, it seems pretty obvious what the average nucoiner on /biz/ is like

>> No.7230327
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7230327

>>7229437
>jewrnalists
>women

really makes me think

>> No.7230448
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7230448

>>7229278
They're doing this because people were figuring out that they could take out a huge ass bank loan and max out as many credit cards as they could and put it all in crypto then declare bankruptcy and say they spent it all on an escort addiction or something and then keep all the money.

>> No.7230476

>>7229366
Why are your guys like that. What did we do to you all. Tell them to go destroy another galaxy and leave us alone.

>> No.7230573

Last time I saw this much bad news in the same day it was followed by a huge increase in price. This is coordinated FUD financed by big players.

>> No.7230619

>>7229820
you sound like a hipster faggot

>> No.7230663

>>7229278
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

FUCKING BANK OF AMERICA I CAN'T BELIEVE THEY ARE DOING THIS SHIT

>> No.7231910

>>7229418

Christianity is a jewish invention, it's a cultural poison designed to weaken their enemies.

>> No.7231964

>>7231910

and so is Islam and Atheism as well.

>> No.7232016

KIKES ARE PUSHING TOO MUCH

>> No.7232109

>>7229278
Don't care. Use debit and wires. Or a bank that isn't shit.

>> No.7232135
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7232135

Fuck these fucking kikes. Holy shit.
When will these sons of bitches finally run out of fresh FUD material?

>> No.7233459

Yeah how dare companies that lend you money are worried you'll blow it all gambling with shitcoins.

>> No.7234840

>invest $30k in Bitconnect on 12% APR cards because guaranteed 1% gains per month accruing outpaces CC payments
>lose everything
There goes my perfect credit score.

>> No.7234884

>>7229278
>Credit cards

You Americans make me laugh, stop spending money you don't own.

>> No.7234986

>>7234840
hey, hey, heyyyyyy....

>> No.7235044

>>7231964
>Atheism
>invention
try again, schlomo

>> No.7235110

>>7229327
I did it to jack up my credit score
>Buy crypto with credit card
>cash out into fiat
>Pay credit card back the next day
Credit score is now 780

>> No.7235148

>>7234884
>this faggot doesn't even get free vacations from spending money he's gonna spend anyway

keep losing out faggot. I sent my wife and her trainer to Jamaica for a fucking month with my Chase Sapphire Reservere 100k ultimate rewards signup bonus, and scooped another 80k on my Chase Business Ink Preferred. That's over $5000 in free travel (plus untold other bennies) just for spending money. Poorfags are terrible.

>> No.7235192

>>7234884
You can just admit you lack the self control to own one.

>> No.7235558
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7235558

Most people in this thread don't understand, you shouldn't be buying investments on credit.
If the bubble is going to pop it's because of normies like bitconnecters will buy on credit and lose every thing.
This is a good thing for crypto in the longer term

>> No.7235723

>it’s crooks that are trying to get money out of China or wherever

Wow, thank you for your informed perspective Mr. CEO.

>> No.7235740

>>7235110
I feel like there are repercussions to this that you haven't considered.