Anybody use BTC here? What do you think of bitcoin?

OP here - that's my wallet. Wondering if I should cash them in or hold on to them?

yup iàm

>TRUMP FUND: $NaN.N
>CURRENT PRICE: $NaN.N

shit must have payed off for you, huh?

...

Hmm. It's gone up a shit tonne for a while but it's leveling out. If it were me I'd cash out I mean. Why not.

youtube.com/watch?v=oKOlhPygszo

you should def keep em -- the word on the net is that after trump loses the presidential election the bitcoin will reach a new high.

And cashing them in is where the problems become apparent

Cash it in if you can.

you're slow, right? ... Exchanges have expanding clientelle and trade volume ... cashing out 40 BTC won't even phase the system

>Hmm. It's gone up a shit tonne for a while but it's leveling out. If it were me I'd cash out I mean. Why not.

I wonder if BTC or something similar will be standard years from now...like, could 40 BTC be a fortune that will take care of my kids and their kids...doesn't seem like we'll still be using paper in the future.

>you should def keep em -- the word on the net is that after trump loses the presidential election the bitcoin will reach a new high.

Oh yeah? Interesting. Thanks.

>And cashing them in is where the problems become apparent

Actually, there's a BTC atm downtown Toronto. I've never used it though, but apparently I could just withdraw cash somehow.

OP again. Just to explain, I'm a bit of a BTC noob, but some of my casino clients will only pay out in BTC, so about 5% of my business gets paid in BTC now. I've had to learn.

alright OP, here's the thing; most of the people here don't even think you can cash out the 40 you have ... so they're pretty much bigger noobs than you are at this.

And about cashing out - you can use a web-based exchange, like bitstamp (.net) and transfer the funds from BTC to $ at your will, then just withdraw the funds to your bank account.

Have you ever wonderer why your casino clients insist on paying with btc while having an atm somewhat near them?.

they keep their money in BTC cause no tax. hurrdurr

GTFO and vote for trump, you asshat.

IRS is calling you

And that is the point retarded faggot you are the same as

>alright OP, here's the thing; most of the people here don't even think you can cash out the 40 you have ... so they're pretty much bigger noobs than you are at this.
>And about cashing out - you can use a web-based exchange, like bitstamp (.net) and transfer the funds from BTC to $ at your will, then just withdraw the funds to your bank account.

Yeah, I know I can cash them in if I want. I'm just trying to decide if I should leave them in BTC as an investment. I don't need the cash, and I'm accumulating about 10 BTC per month.

>Have you ever wonderer why your casino clients insist on paying with btc while having an atm somewhat near them?.

The ones that will only use BTC accept USA players. I think it's the anonymity they like...probably tax reasons too.

>IRS
yeah, once you withdraw to your bank account you need to pay the tax... but you understand how that makes sense?

10btc per month is good money, brah... I mean, you could probably have a bigger profit from investing in stock or bonds than with bitcoin... Now is not a bad time to cash out, but chances are you might get 30-40% profit from it by summer 2017.

Yeah, maybe I'll just leave them alone for now. Maybe I'll just go figure out how to use the ATM and grab $100 for the rub and tug. :)

And do you also understand how retarded it is to invest in btc unless you were one of the oldfags that mined that fuck out of it earlier?.

It is very very volatile and only worth it as long as it stays in the shadows forever otherwise the big risk and little profit is moot.