That would require being fine with being the betabux, because it's obvious this lovely woman of pure moral fiber has a Tyrone on deck with a dick like a summer sausage and at least six felonies. Hard pass.
The hilarious part is that people who had a lot of "churn" trying to daytrade cryptocoins may wind up paying more in income taxes on the churn than the coins are now worth.
I tried to warn a guy in my office, who thought he was a shark buying and selling btc, bch, xrp, thiscoin, thatcoin, derpcoin, bagofprunescoin or whatever. It's going to suck ass for people like him -- most of whom will probably not claim the income and then get whacked with uncle sam's dick when the IRS inevitably comes to pay a visit.
'Ey alls I'm saying is if you're not a dumbass that invested with money they need, and if you're already in the deep deep red, doesn't hurt to leave it. You should consider that cash gone when you invest in something risky. If you do need to pull it because you need the cash, you did something stupid for investing in the first place on something risky with cash you need.
I dunno I mean, of all the cryptocurrencies out there, BitCoin is the one most likely to succeed considering all the press around it. I still think it's dumb as fuck to invest in a cryptocurrency with how they are currently, but if you already did, it is bound to (probably) go up at some point, or at least recover a bit. Especially once all the dumbass twats jacking up the GPU market get fucked over by the price tanking, it'll (probably) recover at least to a point where you'll get most of the cash back.
Unless you were a dumbass that bought when it was high.
I think it's too good a tool to transfer wealth from the many, to the few, for it to go away in a hurry.
Or the same thing happens with other cryptocurrencies over the next few years.
Hedge funds want nothing more than an asset they can stockpile, push in the media, and have every Tom, Dick and Sally buying directly from their iPhones.
You're still making price predictions. Taking out your investment is equivalent to Shorting. You can open up a short position against bitcoin right now if you think it will go to zero.
I mean you can chuck it into a S&P500 and unless the literal capitalist economy as we know it is doomed it will grow in value and you wont be in default.
Bitcoin and other crpytos are retarded "investment" because fundamentally they have no value. You buy equity and you're entitled to assets and profits of a company legally. Crypto by contrast has no legal rights to anything tangible.
It always has nowhere to go but up. Now is the time to hit a loan shark for that cash so the both of you can enjoy a nice sunny vacation once the millions comes rolling in. I would cash in all of my investments so I can hit the life long gravy train but I'm just too much of a wimp to do so because I hate money.
I didn't get hit in the housing meltdown in 2006 because I knew that shit was a bubble. People were saying all of the same shit, can't go down, has nowhere else to go but up, all of that kind of shit. The number 1 sign of a bubble is when people are adamant about it not being a bubble.
56 comments
1 SnapshillBot 2018-02-06
This is not the time or place for another black-dick joke
Snapshots:
I am a bot. (Info / Contact)
1 Ayylmao11023 2018-02-06
BUT I MISS MY WIFES SON! ;(
1 IqtaKadabra 2018-02-06
oh sweet Jesus it gets more self aware by the second
1 TinyJibble 2018-02-06
Beyond state of the art image recognition, tbh. Snappy could probably win some AI contests.
1 SoggyNapkins 2018-02-06
Should have invested in dramacoin you fucking retard
1 Black_d20 2018-02-06
Can I have your stuff?
1 taterbizkit 2018-02-06
This legit actually never gets old.
1 ComedicSans 2018-02-06
You can gave his wife if you like.
1 Black_d20 2018-02-06
Would rather have the son. Kids sell well on the open market.
1 ComedicSans 2018-02-06
If you have his wife you can make more kids tho π€ π€ π€
1 Black_d20 2018-02-06
That would require being fine with being the betabux, because it's obvious this lovely woman of pure moral fiber has a Tyrone on deck with a dick like a summer sausage and at least six felonies. Hard pass.
1 ComedicSans 2018-02-06
Funny, I thought selling Tyrone's children would be fitting...
1 Black_d20 2018-02-06
You make a compelling argument...
1 OnionBits 2018-02-06
Wow something good happened to you, congratulations π
1 Kalthramis 2018-02-06
Must be black.
1 froibo 2018-02-06
I would offer to take care of your wife if she wasn't about to inherit your debt. Maybe I can talk to her about selling your son to traffickers.
1 ComedicSans 2018-02-06
Oh come now. We both know he didn't father that child.
1 normie_girl 2018-02-06
Stupid, if you don't sell it you don't lock in the loss. Bitcoin's coming back in a big way, you just need to believe.
1 froibo 2018-02-06
πββοΈPreach!πββοΈ
If you double down now, it means your average buying price goes down! You can't make money if you sell!
1 normie_girl 2018-02-06
Bitcoin is trading for an absolute bargain, have you seen the price! You'd be an idiot to miss out on this buying opportunity.
1 froibo 2018-02-06
USE A LOGARITHMIC CHART
1 taterbizkit 2018-02-06
The hilarious part is that people who had a lot of "churn" trying to daytrade cryptocoins may wind up paying more in income taxes on the churn than the coins are now worth.
I tried to warn a guy in my office, who thought he was a shark buying and selling btc, bch, xrp, thiscoin, thatcoin, derpcoin, bagofprunescoin or whatever. It's going to suck ass for people like him -- most of whom will probably not claim the income and then get whacked with uncle sam's dick when the IRS inevitably comes to pay a visit.
1 Kalthramis 2018-02-06
seriouspost.jpg but as investment money (should) be throwaway money anyways, if you're at this huge of a loss, might as well hold it.
1 normie_girl 2018-02-06
This is known as the sunk cost fallacy
1 Kalthramis 2018-02-06
'Ey alls I'm saying is if you're not a dumbass that invested with money they need, and if you're already in the deep deep red, doesn't hurt to leave it. You should consider that cash gone when you invest in something risky. If you do need to pull it because you need the cash, you did something stupid for investing in the first place on something risky with cash you need.
1 normie_girl 2018-02-06
Yeah I hear you, personally I'd prefer to have 40% of my "Investment" than 0%, but that's just me.
1 Kalthramis 2018-02-06
I dunno I mean, of all the cryptocurrencies out there, BitCoin is the one most likely to succeed considering all the press around it. I still think it's dumb as fuck to invest in a cryptocurrency with how they are currently, but if you already did, it is bound to (probably) go up at some point, or at least recover a bit. Especially once all the dumbass twats jacking up the GPU market get fucked over by the price tanking, it'll (probably) recover at least to a point where you'll get most of the cash back.
Unless you were a dumbass that bought when it was high.
1 normie_girl 2018-02-06
It's not going to succeed. It might come back in price temporarily, sure. Or it might just tank entirely
1 Kalthramis 2018-02-06
Would only need it to come back temporarily to bail. Unless you're extra stupid and don't bail.
1 johnboyauto 2018-02-06
It won't come back up until it bounces off the floor.
1 UnluckyImp22 2018-02-06
Dead cat bounce?
1 ____________13 2018-02-06
If you sold this far into the correction in the last two "oh my god, it's going to zero" bitcoin panics, you would have sold at $180, and $800.
In retrospect, that would have been a very bad idea. So what's different this time?
1 normie_girl 2018-02-06
I don't know when it will crash but it will eventually. That's all I'm saying.
1 ____________13 2018-02-06
I think it's too good a tool to transfer wealth from the many, to the few, for it to go away in a hurry.
Or the same thing happens with other cryptocurrencies over the next few years.
Hedge funds want nothing more than an asset they can stockpile, push in the media, and have every Tom, Dick and Sally buying directly from their iPhones.
1 normie_girl 2018-02-06
Especially if that "asset" can just be invented with a few lines of code
1 aqouta 2018-02-06
That's not how bitcoin works.
1 normie_girl 2018-02-06
I read that there are more than 2100 cryptocurrencies now. Lol
1 aqouta 2018-02-06
You're still making price predictions. Taking out your investment is equivalent to Shorting. You can open up a short position against bitcoin right now if you think it will go to zero.
1 ProGenji 2018-02-06
Not really,
I mean you can chuck it into a S&P500 and unless the literal capitalist economy as we know it is doomed it will grow in value and you wont be in default.
Bitcoin and other crpytos are retarded "investment" because fundamentally they have no value. You buy equity and you're entitled to assets and profits of a company legally. Crypto by contrast has no legal rights to anything tangible.
1 icyhat 2018-02-06
It always has nowhere to go but up. Now is the time to hit a loan shark for that cash so the both of you can enjoy a nice sunny vacation once the millions comes rolling in. I would cash in all of my investments so I can hit the life long gravy train but I'm just too much of a wimp to do so because I hate money.
1 shallowm 2018-02-06
It's not crashing, it's on sale.
1 TruthPains 2018-02-06
Shotguns are a great way to keep yourself safe.
1 taterbizkit 2018-02-06
We should make a coin that's indexed to the cost of a single unfired 12ga. round.
1 TruthPains 2018-02-06
Sound Fallout-isk.
1 ThunderCock_Chad 2018-02-06
https://imgur.com/a/ORals
1 DerrickRosebud 2018-02-06
Can't wait until he livestreams eating his dick
1 icyhat 2018-02-06
I didn't get hit in the housing meltdown in 2006 because I knew that shit was a bubble. People were saying all of the same shit, can't go down, has nowhere else to go but up, all of that kind of shit. The number 1 sign of a bubble is when people are adamant about it not being a bubble.
1 kingofthehill5 2018-02-06
Atleast you did not spend your wifes money while she was in africa like that guy.
1 horseyhorseyhorsey 2018-02-06
1 life_is_painfull 2018-02-06
sorry about that
1 UnluckyImp22 2018-02-06
Cryptofriends deserve it. Think of this as Mother Earth taking her revenge for all the carbonfucking.
1 Zozbot 2018-02-06
zoz
1 Zozbot 2018-02-06
zle
1 Zozbot 2018-02-06
zozzle
1 aqouta 2018-02-06
Only bitcoin.
1 SonyXboxNintendo11 2018-02-06
Hey, now the house is all for yourself! Party hard!
1 nervepoison 2018-02-06
source your quotes tia
1 ricardogce 2018-02-06
Nice, subtle touch. Bravo.