/biz/ - Business & Finance

>>49567562
Why would someone buy your $68,000 bitcoins when they could buy the same bitcoins on any exchange for less than half of that?

Dumbass.

>>49567562
Can you actally get usd doing that?

>>49568135
Of course

>>49567562
This can't be real. What do you mean you locked it?

>>49567562
How did you do that?

>>49567849
They are locked at that price you fucking idiot. I accidently locked mine at 9k and missed the whole bull run

>>49567562
Wtf you are lucky, got my 7 btc locked at 57k

Why would you not sell them now and just buy them same amount at current prices?

Locked in my house in April, 1.4 million to me no matter what the market is. Used the software.

>>49568731
Lol

>>49567562
The only thing you locked was your puny dick in your sissy cock cage

>>49567849
Imagine being this retarded and gay

I locked my cock into your mom last night

>>49567849
>>49568502
>>49568512
based off these posts we still aren't at the bottom are we bros

>>49567562
Daily reminder you can actually do with with futures contracts.

Feels good op. I have a couple of ethereum locked in at about $4000 on my hardware wallet as well

>>49567849
They are locked at that price you idiot

>>49568930

Feels good to be locked in at the top. That guy who locked in at 18k probably feels like an idiot

>>49567562
based
I was late locking mine, only managed to get the bitcoins locked in at 58k

>>49568516
Yeah so what? Someone still has to buy it and why the fuck would they buy a Bitcoin that is more expensive than a Bitcoin from an exchange?

>>49570360
what the fuck is that supposed to even mean? How the fuck can you 'lock' a bitcoin

>>49568318
You mean ypu can ask for some stable at any moment? Is there any difference than simply buying and selling, maybe taxwise?

>>49567849
do you know what locked means idiot? learn to read

>>49567849
>he doesn't know how to lock in his bitcoins
It's literally the most risk free strategy, if the price plummets you can just unlock and sell, if the price climbs you just let the lock expire, so what if you have to wait a couple years.

>>49571004
>an ATH is guaranteed!
oh sweet summer child

>>49570659
They can't because it's locked. The price cannot be changed. learn to read

>>49567562
He essentially wrapped them at that price

>>49570360
who the fuck are you gonna sell them to? how will you sell for 68k if the price isw22mr 10k?

>>49567849
Because they’re locked in you fucking retard. Imagine not locking in your coins on your ledger

>>49567849
Back in 2017 these posts really fucked with me and made me believe I didnt know shit. I was confused as fuck until I realised the flawless strategy of locking my BTC price.

I found an old hard drive wallet with a million bitcoin except I locked them in at $0.01 feelsbadman

>>49570659
it's like a stock split kind of thing, at current prices he would have about 3 bitcoins if he were to unlock one of the coins that he locked at the top

>>49571071
Being this new. Have you heard of put options? This is exactly like that. When op decides to market sell his order must be filled first before any other trading can occur. This is pretty much one of the main reasons for a hardware wallet

>>49571031
My BTC is already locked 54K retard

my bitcock stays locked

>>49571144
Checked. So if he unlocks his $68,000 Bitcoin it will be $68,000 worth of Bitcoin at the current price?

Why doesn't everyone do this and why wouldn't you just sell at $68,000 and re-buy at a lower price?

>>49571253
His bitcoin is stuck in a pending transaction until someone agrees to the 68,000 price and buys it.
Since that is not going to happen, he has 0 liquid bitcoin, and therefore zero value.

>>49571253
No it will be one btc that is worth 68k. Whoever buys it will have one btc worth 68k

>>49571478
What's the advantage to locking BTC up in a pending transaction though? Why not just simply wait and not sell?

>>49571253
>>49571253
>Why doesn't everyone do this
People are fucking stupid that's why.

>>49571253
People thinks btc would go 100k straight so holding at 69k doesn't matter to them till the market decides to oppose us. Been scalping since last year and yeah, i earned more than what i'm holding. Hopefully this would be effective when investing EQ as i found Equilibrium team has full of developments.

>>49567849
What part of locking in the price don't you understand?

>>49567562
Excellent bait thread

>>49571671
>>49571671
Get back to your sweatshops you filthy pajeet scammer retards, you stick out like a sore thumb

>>49571760
I think it's over now.. it was fun pretending to be retarded while it lasted

>>49567562
what if they refuse to pay you the price you locked them for?

>>49567562
How did you lock the price of Bitcoin on a hardware wallet?

>>49571689
The part where its a toxic asset
https://en.wikipedia.org/wiki/Toxic_asset

>>49571760
Glad everyone enjoyed it
Usually not that easy to larptroll so many people
You cryptoniggers must be pretty worked up over this dump

Niggers tongue my anus

holy fuck this threas

>>49571841
This pajeet has lost 100 BTC in his life. Go t@ke suicide

>>49572217
What to buy nigga?

>>49567562
I'm a fucking idiot and didn't lock until 35k so fucking painful
>>49567849
in crypto code is law

>>49568930
Nowhere near it

>>49572370
Kolnet is pretty much a good buy but yeah, the market is down so decide what you want to buy in your money fren

>>49571478
How tf can 1 btc be worth 68k and one be worth 26k for example if they're the exact same currency? Are you this fucking retarded?

>>49571453
>>49571478
what the fuck? i feel like a brainlet trying to understand the benefits here

It's a troll retards. The funds are inaccessible until the lock price is hit (if this function even exists)

>>49572370
Invest on solid fundamentals like nflare, a marketplace for leasing nfts to generate passive income. Perfect place for the market today.

>>49572466
There is none. it's just an autistic mental thing to make people feel better