voldz1tic3n 2017-01-16 11:00:36
hey what is the best bit-coin wallet for fedora or online?
stoner19 2017-01-16 11:01:51
hey read about your options at bitcoin.org
nkuttler 2017-01-16 11:03:24
voldz1tic3n: define best
nam3 2017-01-16 11:04:28
hey guys is it worth buying bitcoin to purchase stuff right now?
haakonn 2017-01-16 11:05:07
nam3: if you need stuff you can buy with bitcoin, sure
nam3 2017-01-16 11:05:27
im just scared its going to drop soon
nam3 2017-01-16 11:05:33
and what i bought will be worthless
haakonn 2017-01-16 11:05:40
owning bitcoin is being scared. we all feel that way, all the time
nam3 2017-01-16 11:06:08
haha i see
haakonn 2017-01-16 11:06:40
but i thought you meant you were just going to spend them pretty soon?
nam3 2017-01-16 11:06:49
yea pretty much
nam3 2017-01-16 11:07:01
but my luck it will plummet
nam3 2017-01-16 11:07:27
does anyone know the difference between this bubble and the last?
haakonn 2017-01-16 11:07:33
well it could, but it's usually pretty stable these days (except, you know, when it's not)
marijnfs 2017-01-16 11:07:46
nam3: what? what you bought is not relying on bitcoin anymore
voldz1tic3n 2017-01-16 11:08:11
thanks stoner19
voldz1tic3n 2017-01-16 11:08:27
I'm using gocelery. any commemts or opinions on that?
voldz1tic3n 2017-01-16 11:08:28
:)
nam3 2017-01-16 11:08:32
Is someone manipulating the price?
saracen 2017-01-16 11:08:47
opps, sorry
stoner19 2017-01-16 11:09:16
any time
marijnfs 2017-01-16 11:09:20
nam3: only buy a small amount, like what you put in a real wallet. Getting used to changing value only gets you adjusted to the reality that any currency is changing in value all the time
nam3 2017-01-16 11:11:23
I see. so do vendors who take bitcoin can lose their profits?
nam3 2017-01-16 11:11:56
if they dont cash out on time? or are they always cashing out?
Lauda 2017-01-16 11:12:15
Just like the Venezuelans vendors lost profit due to holding their own currency?
Lauda 2017-01-16 11:12:19
That's nothing specific to Bitcoin.
Lauda 2017-01-16 11:12:23
It can happen to any currency.
marijnfs 2017-01-16 11:12:47
nam3: they often cash out
Lauda 2017-01-16 11:12:47
venezuelan*
marijnfs 2017-01-16 11:13:10
nam3: you can buy steam games, that's pretty nice
nam3 2017-01-16 11:14:06
lets say i buy 100,000 dollars worth, and the price keeps bumping up, is there a place i can cash out in the entirety ?
haakonn 2017-01-16 11:14:45
nam3: any serious exchange, after you go through AML/KYX (submitting id papers etc)
haakonn 2017-01-16 11:14:50
KYC*
nam3 2017-01-16 11:15:18
oh so u r subjected to paying tax
haakonn 2017-01-16 11:15:52
yes, if you want to deal in your government's currency, you better deal with their taxes too
nam3 2017-01-16 11:16:18
so bitcoin is not something you would invest in?
CoJaBo 2017-01-16 11:16:44
nam3: Two things are certain: Death, and taxes.
haakonn 2017-01-16 11:16:46
of course it can be, it's not just something tax evaders are interested in
marijnfs 2017-01-16 11:18:50
nam3: in most countries you would at least have to pay a profit tax on your wins, just like stocks. That's the optimistic scenario
nam3 2017-01-16 11:20:29
how high are you guys speculating bitcoin will go? $2000?
CoJaBo 2017-01-16 11:22:08
nam3: I suspect it'll either go up, go down, or stay the same.
haakonn 2017-01-16 11:22:09
it could double or more, sure. or it could halve. but over time, bitcoin's general direction has been up
marijnfs 2017-01-16 11:22:11
the average distance between the earth and moon is 385km
marijnfs 2017-01-16 11:22:30
385000 i mean
haakonn 2017-01-16 11:22:50
385 km would be nice, you could have lunch at the moon
voldz1tic3n 2017-01-16 11:23:46
is it wise to transfer bitcoins to usd?
haakonn 2017-01-16 11:24:32
that's an entirely personal call to make
CoJaBo 2017-01-16 11:24:34
voldz1tic3n: If you need USD, sure.
CoJaBo 2017-01-16 11:24:44
If you need BTC, then no :P
haakonn 2017-01-16 11:25:16
is there an unusual amount of newbies here, or what? welcome all :) bullish signal
nam3 2017-01-16 11:28:29
I like to ask questions
nam3 2017-01-16 11:28:43
<---newbie, Sorry
tangelo 2017-01-16 11:29:02
<- Oldie
marijnfs 2017-01-16 11:30:18
haakonn: that's some majora's mask stuff
voldz1tic3n 2017-01-16 11:31:52
is it fine to share a referral link?
mryandao 2017-01-16 11:32:10
voldz1tic3n: read the rules
voldz1tic3n 2017-01-16 11:32:20
thanks
voldz1tic3n 2017-01-16 11:33:00
got it! thanks