If you invested $100 in Bitcoin in 2010
- Thread starter nu_work
- Start date
Has anyone on BGOL cashed out yet?
(I keep asking but no solid answer)
(I keep asking but no solid answer)
If you didn't worry about taxes you could cash out much faster than people think
I ask my question about transferring to a 'real'/typical currency because of something i read.
A few months ago when a audio postproduction vendor in Hollywood got hacked (which led to the leaks of those Orange is the new black episodes and other shows) there was a quote where the owners were saying they first agreed to pay the $50k ransom in bitcoin, but (1) their bank was making it hard and the bank itself. Even contacted the fbi, as they suspected the client was being held to ransom and (2) they had to do the conversion in about 18 separate transactions.
And that was 'just' $50k, so the thought of trying to liquidate/convert $72MILLION is pretty interesting
A few months ago when a audio postproduction vendor in Hollywood got hacked (which led to the leaks of those Orange is the new black episodes and other shows) there was a quote where the owners were saying they first agreed to pay the $50k ransom in bitcoin, but (1) their bank was making it hard and the bank itself. Even contacted the fbi, as they suspected the client was being held to ransom and (2) they had to do the conversion in about 18 separate transactions.
And that was 'just' $50k, so the thought of trying to liquidate/convert $72MILLION is pretty interesting
we missed our opportunity to be wealthy. i mined bc for a hot minute but said fuck it
you haven't. money is being made out there. research and get in where its good.
Cray Cray
Why did I open this post... I'm Fucking sick.
Yeah, cats need to hit that 'official crypto' thread up pronto. It's still early in the game.
Bitcoin ATM's, Deposit directly to your bank, Paypal, and numerous companies that allow you to put bitcoin on a debit card.
a number of years ago, someone sent me .03 or .04 worth of bitcoin for me to play around with. I was just trying to figure out how it all works.
Pretty much forgot about it...
I recently found that wallet and now that same amount was worth over 40 bucks.
Got me kicking myself...
Pretty much forgot about it...
I recently found that wallet and now that same amount was worth over 40 bucks.
Got me kicking myself...
Cray Cray
Then again....maybe not.....
UK dealer charged in US over multimillion-dollar fake Bitcoin site scam
Renwick Haddow created ‘trendy’ companies and duped investors into thinking they were big successes, authorities in New York allege
Agence France-Presse
Friday 30 June 2017 20.47 EDT
US authorities on Friday charged a British businessman with securities fraud, accusing him of deceiving investors over what turned out to be a fake trading platform for the cryptocurrency Bitcoin.
The Securities and Exchange Commission (SEC) alleged “the clandestine” Renwick Haddow, a UK citizen living in New York, diverted funds invested in a phoney Bitcoin site as well as from a flexible workspace firm Bar Works into accounts in Mauritius and Morocco, totalling $5m.
It said he touted experienced senior executives as behind the operations who turned out to be phantoms, and misrepresented the details and success of both companies.
Andrew Calamari, director of the SEC’s New York office, said: “Haddow created two trendy companies and misled investors into believing that highly qualified executives were leading them to quick profitability.”
“In reality, Haddow controlled the companies from behind the scenes and they were far from profitable.”
Bitcoin Store claimed to be “an easy-to-use and secure way of holding and trading Bitcoin” that had generated several million dollars in gross sales. The SEC alleged that in fact it never had any operations nor generated the gross sales it touted.
In 2015, Bitcoin Store’s bank accounts allegedly received less than $250,000 in incoming transfers, none of which appear to reflect revenue from customers, the SEC said.
Haddow’s investors pumped more than $37m into Bar Works, which claimed to provide workspaces in old bars and restaurants, but in fact “primarily sold leases coupled with sub-leases that together functioned like investment notes”, the SEC said in a statement.
The commission alleged that throughout Haddow was “hiding his connection” to the companies “given his checkered past with regulators in the UK”, where he has faced similar charges for investment schemes.
According to a report in Crain’s, 27 investors from China filed suit in the state supreme court on 16 June seeking repayment of more than $3m invested in Bar Works, which they called a Ponzi scheme.
Another investment group filed a similar case against Bar Works in Florida in recent weeks.
no we didn't it's going on right now.
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A lot of your questions and concerns have been addressed numerous times in the crypto thread, even OP's post, the article was posted some time ago in there.
There's even another kid who bought Bitcoin at $12 and is now a millionaire, he has 403 coins.
Y'all can keep speculating or go over to the thread and go thru the 400 posts and get your degree in this shit or sit by the wayside and wonder about the what could of been.
Yes you can withdraw the money, you heard anyone complain about not being able to? Many of these dudes in crypto who's been at it for years, caking heavy and living very comfy. If I had 72m, why am I gonna try to withdraw all that anyways, the USD ain't stable as Bitcoin, I'd just cover my expenses and buy a few toys.
You realize Bitcoin is worth more than an ounce of Gold?
Think about that for a sec.
There's even another kid who bought Bitcoin at $12 and is now a millionaire, he has 403 coins.
Y'all can keep speculating or go over to the thread and go thru the 400 posts and get your degree in this shit or sit by the wayside and wonder about the what could of been.
Yes you can withdraw the money, you heard anyone complain about not being able to? Many of these dudes in crypto who's been at it for years, caking heavy and living very comfy. If I had 72m, why am I gonna try to withdraw all that anyways, the USD ain't stable as Bitcoin, I'd just cover my expenses and buy a few toys.
You realize Bitcoin is worth more than an ounce of Gold?
Think about that for a sec.
Damn man that's crazy.
That's why "we" have to share info on this site. Because who knows what's the next big thing. I got introduced to this bitcoin thing from this site and I made a couple of thousands in just a few months.
Forget what the haters say. If we got an idea or hear about a new investment on the horizon, post and share that shit. You want get any negative feedback from me and Im pretty sure others on this board feel the same.
When the stock market does whatever it does people in crypto are gonna make a fucking killing.
There is a reason that crypto thread ain't stickied.....
There is a reason that crypto thread ain't stickied.....