Anyone on this site have bitcoin or dabble in e-commerce?

Summitric · Apr 6, 2018

have a couple younger friends that are into bitcoin... one of them has almost $300,000.00(got into it near the beginning) worth and the other about $30,000.00(recently got into it). Just curious if anyone on this site is into e-commerce of any type?

lilduke · Apr 6, 2018

Yeah I am running a Crypto mine.

lilduke · Apr 6, 2018

I have some Bitcoin, but I am more into Monero.

08arcticcat · Apr 6, 2018

I have some litecoin, a little ethereum, and some ripple.

Having a moral dilemma if i should go to the bank in 2 hrs and send more money in to buy some actual bitcoin.
1) throw more money at a sinking ship
Or
2) this could be the last good time before its over 10g again.

P.S. im into it for less than a months income. So im not a big gambler

freeflorider · Apr 6, 2018

I just trade useing crap cash, better know as the Canadian dollar.

Summitric · Apr 6, 2018

freeflorider said:
i just trade useing crap cash, better know as the canadian dollar.

hahaha, i'm just into canadian tire cash right now.... Lol

Bnorth · Apr 6, 2018

I just miss the days of being able to use Canadian Tire money at the ballet.

freeflorider · Apr 6, 2018

Bnorth said:
I just miss the days of being able to use Canadian Tire money at the ballet.

Yah for sure, now they give you a card, still works but they hate it when you need to swipe it.

Uturn · Apr 6, 2018

Dabbling in a couple crypto's since last year. Fees are high going in and out. Cant trade as fast as stocks.

eclipse1966 · Apr 6, 2018

I started bitcoin but now every internet junkie is sending me emails to buy more. Grrrrr On another note, I had one of my Chinese clients ask if I would accept payment for almost $900 grand in bitcoin LOL. Think it would be a tough sell to pay a farmer in bitcoins LOL

Caper11 · Apr 6, 2018

Better question is, does anyone know anybody who personally cashed in there bitcoin and made a profit? I heard it takes along time to process and sell the currency.

I know lots who bought in but no-one has sold any.

lilduke · Apr 6, 2018

There is bank machines in Calgary and edmonton
Where you can cash out your bitcoin instantly

lilduke · Apr 6, 2018

I personally haven't bought any of the chit.

I'm mining it. If you don't know what that is
It is basically like printing money. Look into it....

S.W.A.T. · Apr 6, 2018

Missed the boat on that one.

I don't trust a bank that I can't rob. Hard enough to get cash out of my own bank without playing 20 questions.

Before going to Mexico in September I asked for 1k in American bills. (I know the teller and she is awesome) but had to play the why do you need this game, I finally said it's for hookers and cocaine. Everyone giggled but we all know what the truth is

52weekbreak · Apr 6, 2018

S.W.A.T. said:
Missed the boat on that one.

I don't trust a bank that I can't rob. Hard enough to get cash out of my own bank without playing 20 questions.

Before going to Mexico in September I asked for 1k in American bills. (I know the teller and she is awesome) but had to play the why do you need this game, I finally said it's for hookers and cocaine. Everyone giggled but we all know what the truth is

Haha. Hookers n' blow. Classic reply. Never had any bank ask about my plans for money. Most cash I can recall taking out was about $2'500. Rest is alway cheques that I get certified and have done some fairly large transactions but mostly payable to law firms in trust. Nobody seems to mind or be curious.

Not interested in crypto currency as there is even less there than what is behind the Canadian dollar. Not a gambler at all.

S.W.A.T. · Apr 6, 2018

52weekbreak said:
Haha. Hookers n' blow. Classic reply. Never had any bank ask about my plans for money. Most cash I can recall taking out was about $2'500. Rest is alway cheques that I get certified and have done some fairly large transactions but mostly payable to law firms in trust. Nobody seems to mind or be curious.

Not interested in crypto currency as there is even less there than what is behind the Canadian dollar. Not a gambler at all.

I like to gamble but if I can't punch you in the face to get my money back you don't exist. Although it did bail 50cent out of bankruptcy

Bnorth · Apr 6, 2018

lilduke said:
I personally haven't bought any of the chit.

I'm mining it. If you don't know what that is
It is basically like printing money. Look into it....

How deep into it are you? I know some guys that used to mine it years ago but basically all profits went back into electricity costs. What sort of return do you see in a month?

lilduke · Apr 6, 2018

Bnorth said:
How deep into it are you? I know some guys that used to mine it years ago but basically all profits went back into electricity costs. What sort of return do you see in a month?

Really good returns. It's not as good as it was
Because the price is down and as more people get into it the dificulty goes up. I think the price will go up again and
Now is a good time to get involved in one way or another.
Currently is profitable even after power costs.

S.W.A.T. · Apr 6, 2018

lilduke said:
Really good returns. It's not as good as it was
Because the price is down and as more people get into it the dificulty goes up. I think the price will go up again and
Now is a good time to get involved in one way or another.
Currently is profitable even after power costs.

Where does this mine take place?

Did you get proper permits?

lilduke · Apr 6, 2018

S.W.A.T. said:
Where does this mine take place?

Did you get proper permits?

Don't need permits. It isn't like a coal mine. The mining
Happens inside very powerful computers.

Anyone on this site have bitcoin or dabble in e-commerce?

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