All posts made by sunnydeep in Bitcointalk.org's Wall Observer thread



1. Post 13060741 (copy this link) (by sunnydeep) (scraped on 2020-04-04_Sat_14.35h):

Quote from: galdur on November 24, 2015, 09:31:03 PM
The most expensive way to do business that's also inconvenient? I guess that points to a vast imbalance between supply and demand.

What does that mean?
Supply of clueless rubes who demand to be treated like a bitch? Why in the hell would anyone want a prepaid card that costs $40 and charges them 5% for the privilege of using their own money?
Offensively, jaw-droppingly stupid.

While real CCs lend you *their* money for a month (zero interest loan), and offer perks for using them.



2. Post 13061102 (copy this link) (by sunnydeep) (scraped on 2020-04-04_Sat_14.35h):

Quote from: jbreher on November 24, 2015, 10:30:22 PM
Why in the hell would anyone want a prepaid card that costs $40 and charges them 5% for the privilege of using their own money?

Well, the Shift card is $10 for the card itself and zero-point-zero to use, but why let the truth get in the way of a good bout of hyperbolic ranting?
How about figuring out what's happening before being a rude fuck?
Quote from: Elwar on November 24, 2015, 08:16:03 PM
I paid about $40 for my ANX card. And they charge a 5% fee to load it (which I found out later). $10 is tiny compared to most prepaid cards.
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Personally, I don't find a one-time charge of around the cost of a good hamburger to be too much to be able to convert my Bitcoin into merchandise at will, at literally every merchant that accepts Visa. But maybe I'm unique in that regard.
Willingness to pay for the privilege of using your own money, instead of *getting paid* to use other people's, doesn't make you unique. Merely stupid.



3. Post 13061477 (copy this link) (by sunnydeep) (scraped on 2020-04-04_Sat_14.35h):

Quote from: jbreher on November 24, 2015, 11:28:40 PM
<>
Whatevs. Use a service, pay for the privilege. Not a problem. You got a better way to spend bitcoin at 'Every Where You Want To Be', as it says in the tagline?
*Everywhere
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...aaand can I get another 'stupid' for good measure?

Can't see why not. You deserve it Smiley



4. Post 13061558 (copy this link) (by sunnydeep) (scraped on 2020-04-04_Sat_14.35h):

Quote from: jbreher on November 24, 2015, 11:41:58 PM
You got a better way to spend bitcoin at 'Every Where You Want To Be', as it says in the tagline?
*Everywhere


I'll take that as a 'no' then.

You are not spending it everywhere. You're spending your bitcoin at Coinbase, Coinbase loads the $$$ onto your Visa card, and you spend $$$ everywhere. No retailer ever sees BTC.



5. Post 13061926 (copy this link) (by sunnydeep) (scraped on 2020-04-04_Sat_14.35h):

Quote from: jbreher on November 25, 2015, 12:13:07 AM
Are you mining your BTC? Because if not, it's just an extra step in the most convoluted way to buy shit: Buy BTC with USD, pay trading fee; Buy Visa card from Coinbase, pay for card; Have coinbase convert the BTC you just bought back into USD, pay merchant.

Are you starting your own corporation? Because if not, it's just an extra step in the most convoluted way to buy shit: Buy bonds with USD, pay trading fee; Buy Visa card from brokerage,snip rest of nonsense>
"Buy Visa card"? Mine was given to me. For free. To have. Along with a line of credit.
But ...you bought yours, huh? On DNM, no doubt?
Or is your credit so shot that no one will give you one?
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A well balanced liquid asset portfolio is likely to contain more than just cash. A bitcoiner's liquid asset portfolio might even contain some (*gasp!*) bitcoin. What makes you think I'd need to buy bitcoin in order to fund the card to spend on a single transaction?
Well, if you're independently wealthy or [more likely] unemployed, I guess there's no need to buy bitcoin to spend it on day-to-day stuff.
If, OTOH, you do have a job, what do you do with the $$$ you make? Flush down toilet because worthless, or?
My question stands: do you or do you not buy bitcoin with fiat?



6. Post 13062088 (copy this link) (by sunnydeep) (scraped on 2020-04-04_Sat_14.35h):

Quote from: r0ach on November 25, 2015, 01:23:53 AM
Well, if you're independently wealthy or [more likely] unemployed, I guess there's no need to buy bitcoin to spend it on day-to-day stuff.
If, OTOH, you do have a job, what do you do with the $$$ you make? Flush down toilet because worthless, or?

^Another paid, JIDF, Zionazi, pro-central bank, anti-bitcoin spam account.  This is about the 6000th they created so far.  Your spam accounts are useless now that everyone knows where they originate from.

WTF is wrong with yo bro? Did my Israeli owners filthy jooz i never met bash in your teeth with their Tavors and proceed to buttrape you, while getting trashed on Manischewitz and playing with their dreidels?

*honest, i know nothing about that incident, just a hypothetical i totally made up. Jews are a decent, kind people who'd never do such a thing.
Not even if you beg.




7. Post 13062288 (copy this link) (by sunnydeep) (scraped on 2020-04-04_Sat_14.35h):

Quote from: jbreher on November 25, 2015, 01:57:08 AM
Are you mining your BTC? Because if not, it's just an extra step in the most convoluted way to buy shit: Buy BTC with USD, pay trading fee; Buy Visa card from Coinbase, pay for card; Have coinbase convert the BTC you just bought back into USD, pay merchant.

Are you starting your own corporation? Because if not, it's just an extra step in the most convoluted way to buy shit: Buy bonds with USD, pay trading fee; Buy Visa card from brokerage,snip rest of nonsense>
Or is your credit so shot that no one will give you one?

Hmm. Yeah - most people with brokerage accounts, and managing liquid assets in multiple asset classes, have credit ratings that are in the toilet </sarc> eta: a deserved buncha eyerolly smilies:  Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
[/quot]
Ahh. Now I understand that I'm I'm dealing with a total buffoon titan of international finance, a man of means, with substantial holding holded in a well-balanced, diversified portfolio of highly-liquid assets. The fact that every two-bit grifter I met claimed roughly the same shit is but a coincidence. We won't speak of it again.

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A well balanced liquid asset portfolio is likely to contain more than just cash. A bitcoiner's liquid asset portfolio might even contain some (*gasp!*) bitcoin. What makes you think I'd need to buy bitcoin in order to fund the card to spend on a single transaction?
Well, if you're independently wealthy or [more likely] unemployed, I guess there's no need to buy bitcoin to spend it on day-to-day stuff.
If, OTOH, you do have a job, what do you do with the $$$ you make? Flush down toilet because worthless, or?

A Bitcoiner that believes in the future of Bitcoin might plausibly put the bulk of their highly liquid (i.e. cash equivalent) funds in Bitcoin rather than in cash. This way, the price appreciation that he expects for his underlying asset works to increase his liquid funds, in the time when the funds are sitting awaiting spending. Putting off the conversion to USD at the last moment is advantageous in a bull market.

But hey - if you're too damn cheap to spend $10 in order to make many many times more, that's your bidnez.

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My question stands: do you or do you not buy bitcoin with fiat?

I don't recall you actually asking that question, but whatevs. Why are you so fascinated with what I do with my money? That said, I have indeed bought bitcoin. I buy some from time to time. Would seem to me to be pretty odd for me to participate in this forum if I didn't have any connection to bitcoin.

Ahh. Now I understand that I'm I'm dealing with a total buffoon titan of international finance, a gentlemen of means, his substantial holding holded in a well-balanced, managed, and diversified portfolio of lucrative disruptive technologies and highly-liquid assetses.
The fact that every two-bit grifter I met on these fine fora told me roughly the same story is neither here nor there.
Just a coincidence.
We'll never speak of it again Smiley

Now then. You either buy BTC with money, or you do not.
If you do, you're being an idiot. Not just because you're 'investing' in a collapsing ponzi, but because you're supporting Visa and Coinbase instead of letting Visa LEND YOU MONEY FOR FREE, AT 0.0000%.

Quote from: jbreher on November 24, 2015, 11:28:40 PM
...aaand can I get another 'stupid' for good measure?
Have another one. On the house.



8. Post 13066479 (copy this link) (by sunnydeep) (scraped on 2020-04-04_Sat_14.35h):

Quote from: Feri22 on November 25, 2015, 02:29:14 PM
http://www.coindesk.com/visa-europe-remittances-bitcoin-blockchain/?utm_source=CoinDesk+subscribers&utm_campaign=d2593eab4b-EMAIL_RSS_CAMPAIGNT2&utm_medium=email&utm_term=0_74abb9e6ab-d2593eab4b-78883989

See you at 10 000 USD per coin

Visa uses bitcoin as testnet, at zero expense to self Roll Eyes