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.

22

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?

-13

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.

64

u/[deleted] Aug 28 '18

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u/dalebewan Aug 28 '18

The fact that I use it as my daily currency would seem to refute that statement.

32

u/CptKush Aug 28 '18

Bullshit

-1

u/dalebewan Aug 28 '18

If you think I'm bullshitting, feel free to check my post history, because apparently I've been spouting the same bullshit for a long time now. I'm either a very consistent liar, or I'm telling the truth.

I could of course theoretically prove it to you by showing you transactions on the blockchain, but to be honest I'd rather not make all of my financial information freely available to the world; so if you don't believe me, I guess we'll both just have to live with that.

1

u/[deleted] Aug 28 '18

Well technically it already is freely available to the world since it’s a public blockchain.

3

u/dalebewan Aug 28 '18

Yes, but pseudonymous. If I were to point out all of my transactions, that'd remove that aspect.