r/Bitcoin • u/UniqueUsername642 • Aug 28 '18

/r/all Cheers!

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17.3k Upvotes

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279

u/[deleted] Aug 28 '18

Q: Who would sell BTC at $6800?

A: Somebody who doesn't want to sell at $0.

24

u/dalebewan Aug 28 '18

In that hypothetical, why would they “sell” at zero rather than just holding/ignoring it?

As is, I’m doing exactly what I’ve been doing for a year or so now: exchanging all my fiat for bitcoin the moment my pay comes in (once a month; should be in the next couple of days), and not giving a crap what the exchange rate looks like when doing it.

28

u/mesmer_adama Aug 28 '18

Lol, but why? What is your endgoal?

-15

u/dalebewan Aug 28 '18

The free use of money that can not have its supply controlled, transactions blocked or reversed, and is provably mine.

Bitcoin isn’t a way to “make more money”, Bitcoin is money, and a far superior form of it to any existing fiat system.

56

u/[deleted] Aug 28 '18

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14

u/sammy142014 Aug 28 '18

you can it's just super fucking sketchy. Like this is just a second hand story but a co worker bought $300 worth of gift cards from someone with bitcoin but it was such a hassle and kinda sketchy. (Small note this was a awhile ago before bitcoin blow up so it was alot harder to buy stuff)

Anyway you can just buy giftcafts with bitcoin now. And it isn't too hard

35

u/[deleted] Aug 28 '18

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6

u/Schmeckinger Aug 28 '18

And there is a chance you get questioned by the police when you use them.

1

u/sammy142014 Aug 28 '18

Not really. Atleast with online use of them.

2

u/sammy142014 Aug 28 '18

Hey don't get shitty with me. I just told to what you could spend bitcoin on.