Cryptocurrency

[WhiteWonder 2,675]

4 hours ago, edjr said:

Carvana is a great place to buy a used car. 

 

9 minutes ago, TimHauck said:

Agreed.  I think their issue is they pay way too much for the trade ins they buy and don’t actually inspect them 

 

I have not really checked them out since covid and the insane increase in pre owned prices, but prior to that, I felt one of their issues was their set prices, no haggling. That set price may be less than some of your local, reputable, CPO dealers sticker price but if you were paying sticker price at your dealer, you were doing many things wrong (at least then). I ended up paying decently less for my Grand Cherokee at my dealership than the price of similar Grands on cravana with less features. 

on the flip side, just like you said, my brother sold his Audi a4 with a basically shot engine to Carvana for way more than he should have gotten and they picked it up in front our parents house (that's where he had it towed to from the mechanic).  

[WhiteWonder 2,675]

3 hours ago, iam90sbaby said:

I actually thought he was saying Bitcoin is heading towards 50

it was pretty obvious you called him an old man and he replied that he was nearing 50. 

if you included me as someone who might buy "any day now", I've not been looking at BTC. I bought some ETH the last time it dipped under 1,100. Like it did before when I said I missed out. So right now i'm holding 9 whole ETH 

[TimHauck 2,619]

8 minutes ago, WhiteWonder said:

 

 

I have not really checked them out since covid and the insane increase in pre owned prices, but prior to that, I felt one of their issues was their set prices, no haggling. That set price may be less than some of your local, reputable, CPO dealers sticker price but if you were paying sticker price at your dealer, you were doing many things wrong (at least then). I ended up paying decently less for my Grand Cherokee at my dealership than the price of similar Grands on cravana with less features. 

on the flip side, just like you said, my brother sold his Audi a4 with a basically shot engine to Carvana for way more than he should have gotten and they picked it up in front our parents house (that's where he had it towed to from the mechanic).  

Their prices were better than Carmax in my experience, which would probably be the best comparison.

Paying ~2.5% more was worth being able to buy a car from my bed and not have to spend like 8 hours in a car dealership haggling with the scum of the earth IMO.  I think a lot of people agree.

[WhiteWonder 2,675]

2 minutes ago, TimHauck said:

Their prices were better than Carmax in my experience, which would probably be the best comparison.

Paying ~2.5% more was worth being able to buy a car from my bed and not have to spend like 8 hours in a car dealership haggling with the scum of the earth IMO.  I think a lot of people agree.

the 2 places I usually deal with are not your typical car dealerships, so no scum of the earth to deal with and probably about 2 hours of back and forth... And I paid closer to 11% less than the closest comp on carvana at that time. 

[RaiderHaters Revenge 4,237]

11 minutes ago, WhiteWonder said:

the 2 places I usually deal with are not your typical car dealerships, so no scum of the earth to deal with and probably about 2 hours of back and forth... And I paid closer to 11% less than the closest comp on carvana at that time. 

same, I got the same exact vehicle, color, mileage within 1500 miles for 4000 less from a dealer than on carvana or carmax

[MTSkiBum 1,620]

Carvanna, carmax, and the like are awesome.

 

They pay top dollar for used vehicles and selling to them is incredibly easy. Plus if you live in a large market such as houston you can find a car at one of those places and a similar car at a local dealership, then take that price to the local dealership and ask them to beat that price by 2k.  Using their low prices you can get other dealers to undercut them and really simplifies haggling.

 

Autonation is another great company, not that i would ever buy from them, but i have had other dealers beat their price.

 

Edit, the last 3 vehicles i have bought were 16k under MSRP, 3k under MSRP, and at MSRP, respectfully.  It makes discussing discounts and saying x amount off difficult.

When I bought the 2022 tacoma 2 weeks after that model year was released nobody was getting better than MSRP.  When i bought the RAM in 2018 they were giving them away.

[Frozenbeernuts 2,115]

2 hours ago, WhiteWonder said:

it was pretty obvious you called him an old man and he replied that he was nearing 50. 

if you included me as someone who might buy "any day now", I've not been looking at BTC. I bought some ETH the last time it dipped under 1,100. Like it did before when I said I missed out. So right now i'm holding 9 whole ETH 

Eth is way too much of a risk. People who are staked on eth 2.0 cannot pull their coins out of the staking protocol. The code to withdrawal isn't written yet. In fact that has been pushed back to 2024 last I checked.

[Frozenbeernuts 2,115]

Burn it all to the ground. This gets better by the day. I hope Binance takes it in the shorts next. Just buy bitcoin and withdrawal it to a hardware wallet like 90s said. I am going to switch from Ledger soon. I don't trust then any more. Cold card or Blockstream Jade will be my next hardware wallet. Fkn boomers man

[WhiteWonder 2,675]

1 hour ago, Frozenbeernuts said:

Eth is way too much of a risk. People who are staked on eth 2.0 cannot pull their coins out of the staking protocol. The code to withdrawal isn't written yet. In fact that has been pushed back to 2024 last I checked.

Trying to respond in a way that wont trigger an FBN aspergers type meltdown because I am genuinely curious, and because you responded directly to me. 

As someone who is a swing trader and waited purposely for ETH to fall below 1100 before buying with the intent to likely sell if it runs up to 1700 or maybe even 1500 (while it currently sits slightly above 1300) ... coupled with the fact that I do not own any "physical" eth on any exchange or in any wallet, I am simply invested in it... does your above stated opinion apply to me or is it more a proclamation you're making in regards to hodl eth investors? My guess is the latter.  Or do you feel there is a collapse in eth about to happen in the very near future that could see its price plummet to the point where I would blink and not be able to decide to sell while it's still above 1100? 

 

 

[WhiteWonder 2,675]

1 hour ago, Frozenbeernuts said:

 Just buy bitcoin and withdrawal it to a hardware wallet like 90s said. I am going to switch from Ledger soon. I don't trust then any more. 

funny though that I'm pretty sure "keep your crypto in a physical wallet" was said here numerous times over the years (and many other places I read), and yet so many, including crypto bros on this forum, got caught up with the exchange pyramids 

[TimHauck 2,619]

8 hours ago, WhiteWonder said:

the 2 places I usually deal with are not your typical car dealerships, so no scum of the earth to deal with and probably about 2 hours of back and forth... And I paid closer to 11% less than the closest comp on carvana at that time. 

Carvana is certainly not for everyone, but I think they do provide a good option for a lot of people that don’t want to deal with dealerships.  Another selling point is the 7-day return policy, which I actually used the second time I purchased from them.

[Frozenbeernuts 2,115]

7 hours ago, WhiteWonder said:

Trying to respond in a way that wont trigger an FBN aspergers type meltdown because I am genuinely curious, and because you responded directly to me. 

As someone who is a swing trader and waited purposely for ETH to fall below 1100 before buying with the intent to likely sell if it runs up to 1700 or maybe even 1500 (while it currently sits slightly above 1300) ... coupled with the fact that I do not own any "physical" eth on any exchange or in any wallet, I am simply invested in it... does your above stated opinion apply to me or is it more a proclamation you're making in regards to hodl eth investors? My guess is the latter.  Or do you feel there is a collapse in eth about to happen in the very near future that could see its price plummet to the point where I would blink and not be able to decide to sell while it's still above 1100? 

 

 

I'm always willing to discuss this stuff calmly. It's the bitcoin is useless crowd that triggers my aspbergers (joking).

I cannot predict short term price and there is nothing out of the ordinary that makes me thing an eth collapse is coming soon. I believe that eth with go to 0 eventually. I'm not a trader so I don't think like one, so my comments were more for the people who a holding eth long term

The caution I will give is this: just like with the FTX, Voyager, Luna and Celcius collapses, it happens very fast. If you have a significant amount locked up then you are in a position to lose big time. Ethereum switching to proof of stake has given a small group of people total control over the network, and it has already obviously been captured. More than half the validators are only allow tx that are ofac compliant. Eth will become fully censored.

[Cdub100 3,838]

9 hours ago, Frozenbeernuts said:

Eth is way too much of a risk. People who are staked on eth 2.0 cannot pull their coins out of the staking protocol. The code to withdrawal isn't written yet. In fact that has been pushed back to 2024 last I checked.

I've heard the upgrade is coming spring of next year. That being said there is a way to sell your staked eth using stETH or bETH. So people have options and aren't totally stuck.

[Frozenbeernuts 2,115]

1 hour ago, Cdub100 said:

I've heard the upgrade is coming spring of next year. That being said there is a way to sell your staked eth using stETH or bETH. So people have options and aren't totally stuck.

Yes they can sell but they can't unstake and take custody.

[Mike Honcho 5,097]

If anyone is interested I'm starting FFTodayCoin.  Please PM me for investment opportunities.  The first 100 investors will get a FFToday Tshirt(the holy grail!)

[Djgb13 2,339]

So Biden is now saying FTX failure was caused by unvaccinated crypto traders and climate change

[TimHauck 2,619]

3 minutes ago, Djgb13 said:

So Biden is now saying FTX failure was caused by unvaccinated crypto traders and climate change

Huh?  Not everything you read on Tik tok is true 

[Frozenbeernuts 2,115]

Bitcoin price grinding up. Imo this is a sign of all the bitcoin coming off of the exchanges. Supply and demand. What will happen when its much harder to buy bitcoin? Adoption and interest is high enough for this to push the price higher. Eventually this will have a dramatic effect.

CZ is trying to calm everyone down, just like SBF did. Maybe he does have the funds to back up withdrawals.

I saw a Stat that said there were 29 million bitcoin for sale among all crypto platforms, though the mined supply is 19 Mil with a hard cap of 21 Mil. Even if the number is high, there are definitely a lot of paper bitcoin suppressing the price. The problem for these exchanges happens when they can't get the bitcoin to service withdrawals. Even if CZ has the money to service withdrawals on Binance, does he have the actual bitcoin?

[Frozenbeernuts 2,115]

 

What a ######. She wants to eliminate anonymous cryptographers and developers. If you think bitcoin is useless, nothing but magic internet money that holds no value, why are fascists like Elizabeth Warren putting so much effort to block it's advance.

We are approaching a critical point where the government and tech leaders will gain enough control over us to where the people never break free. Bitcoin is so damn important because most of their power stems from their ability to print and control the money supply. They cannot do that with bitcoin.

[iam90sbaby 2,489]

1 minute ago, Frozenbeernuts said:

 

What a ######. She wants to eliminate anonymous cryptographers and developers. If you think bitcoin is useless, nothing but magic internet money that holds no value, why are fascists like Elizabeth Warren putting so much effort to block it's advance.

We are approaching a critical point where the government and tech leaders will gain enough control over us to where the people never break free. Bitcoin is so damn important because most of their power stems from their ability to print and control the money supply. They cannot do that with bitcoin.

Normies think crypto is a scam/Ponzi scheme yet they'll  trade an infinite amount of their time for something the government can just print more of whenever it wants lol

[Alias Detective 1,389]

7 minutes ago, Frozenbeernuts said:

bitcoin is useless, nothing but magic internet money that holds no value,

If above is true our elected officials should be looking to warn the investing public.

[Alias Detective 1,389]

6 minutes ago, iam90sbaby said:

Normies think crypto is a scam/Ponzi scheme yet they'll  trade an infinite amount of their time for something the government can just print more of whenever it wants lol

so you think bitcoin is the future currency?  Bwahahahahah

Or do you like the technology of crypto?

You doofasus cant make up your minds.

[Frozenbeernuts 2,115]

5 minutes ago, Alias Detective said:

If above is true our elected officials should be looking to warn the investing public.

Simping for facist politicians now? These politicians aren't saying it's a scam.

[Frozenbeernuts 2,115]

Bitcoin is as important as the 2nd amendment. Both are holding the world back from immediately plunging into a totalitarian nightmare

[iam90sbaby 2,489]

5 minutes ago, Alias Detective said:

so you think bitcoin is the future currency?  Bwahahahahah

Or do you like the technology of crypto?

You doofasus cant make up your minds.

Yes, crypto is a scam and you should never buy any

[Alias Detective 1,389]

4 minutes ago, Frozenbeernuts said:

Simping for facist politicians now? These politicians aren't saying it's a scam.

Dude shut up.  You are just a kid who 2 years ago a focking liberal.  Run along.

[Frozenbeernuts 2,115]

8 minutes ago, Alias Detective said:

Dude shut up.  You are just a kid who 2 years ago a focking liberal.  Run along.

You're the one who just said daddy Biden and friends should save people from the big bad bitcoin scam.

[Frozenbeernuts 2,115]

A reminder, bitcoin halves in approximately 504 days. What do you think that will do to the price? It's going to be front run. Do you want to get in before that happens or after it happens?

[iam90sbaby 2,489]

33 minutes ago, Frozenbeernuts said:

A reminder, bitcoin halves in approximately 504 days. What do you think that will do to the price? It's going to be front run. Do you want to get in before that happens or after it happens?

Just keep buying dude, everyone here wants your entire crypto portfolio to go to zero because they're miserable focks 

[nobody 2,564]

2 hours ago, Frozenbeernuts said:

Bitcoin price grinding up. Imo this is a sign of all the bitcoin coming off of the exchanges. Supply and demand. What will happen when its much harder to buy bitcoin? Adoption and interest is high enough for this to push the price higher. Eventually this will have a dramatic effect.

CZ is trying to calm everyone down, just like SBF did. Maybe he does have the funds to back up withdrawals.

I saw a Stat that said there were 29 million bitcoin for sale among all crypto platforms, though the mined supply is 19 Mil with a hard cap of 21 Mil. Even if the number is high, there are definitely a lot of paper bitcoin suppressing the price. The problem for these exchanges happens when they can't get the bitcoin to service withdrawals. Even if CZ has the money to service withdrawals on Binance, does he have the actual bitcoin?

The price is a product of the inflation data trending lower.  Bitcoin is just triple leveraged nasdaq.  When inflation comes down and the fed starts slowing down rate hikes, appetite for speculation returns.

[nobody 2,564]

2 hours ago, Frozenbeernuts said:

 

What a ######. She wants to eliminate anonymous cryptographers and developers. If you think bitcoin is useless, nothing but magic internet money that holds no value, why are fascists like Elizabeth Warren putting so much effort to block it's advance.

We are approaching a critical point where the government and tech leaders will gain enough control over us to where the people never break free. Bitcoin is so damn important because most of their power stems from their ability to print and control the money supply. They cannot do that with bitcoin.

Regulation does nothing but help crypto.  I've never seen people be right for the wrong reasons as much as you guys.

[Frozenbeernuts 2,115]

1 hour ago, iam90sbaby said:

Just keep buying dude, everyone here wants your entire crypto portfolio to go to zero because they're miserable focks 

This is also true. Bitcoin is different than anything created before. At a minimum its interesting technology. Instead of actually researching something that has the potential to change their lives, they just use their feelings as their research base

[Frozenbeernuts 2,115]

11 minutes ago, nobody said:

Regulation does nothing but help crypto.  I've never seen people be right for the wrong reasons as much as you guys.

Forcing developers out of anonymity isn't good for anyone but the government. How you can view that as a good thing is insane. Also forcing full KYC for anything crypto related is horrible for everyone. The amount of our data and privacy we have given up has the potential to enslave everyone in a way. Read up on the escalation of social credit scores. It's not just China any more

[nobody 2,564]

You guys also said one of the main selling points of crypto 5 years ago was that everyone remains anonymous.  Then suddenly it changed to, "look how great crypto is.  You can see every transaction everyone makes!"

[nobody 2,564]

58 minutes ago, Frozenbeernuts said:

This is also true. Bitcoin is different than anything created before. At a minimum its interesting technology. Instead of actually researching something that has the potential to change their lives, they just use their feelings as their research base

People like you are one of the biggest impediments to crypto.  You can't articulate why this is so life-changing.  You just skip straight to, "Bitcoin r b gud money!" And then when people poke at that, you can't explain why bitcoin r b gud money.  

I happen to like Bitcoin, but you guys can't even explain the vision after all those YouTube clips you've watched.

 

[Shooter McGavin 618]

2 hours ago, Frozenbeernuts said:

This is also true. Bitcoin is different than anything created before. At a minimum its interesting technology. Instead of actually researching something that has the potential to change their lives, they just use their feelings as their research base

I've done much research on Bitcoin and crypto.  I have a different opinion than you.  It's possible. 

[Frozenbeernuts 2,115]

1 hour ago, nobody said:

People like you are one of the biggest impediments to crypto.  You can't articulate why this is so life-changing.  You just skip straight to, "Bitcoin r b gud money!" And then when people poke at that, you can't explain why bitcoin r b gud money.  

I happen to like Bitcoin, but you guys can't even explain the vision after all those YouTube clips you've watched.

 

You can't read obviously. We have been over this. I have explained a ton of benefits of bitcoin. Reread the thread if you want me to walk you through it again

[nobody 2,564]

On 1/7/2018 at 11:03 AM, Frozenbeernuts said:

Idk. It sounds like all of them, don't know if you read my article, are pretty much having the same issues. The positive about it though, those of us in early enough will reap the benefits. Since the only way to really make money on these coins is with new money flowing in, the new money needs to keep a flowing. Should have gotten in sooner.

 

My buddy, who I convinced to put money into crypto, started a little after me. He bought at higher prices and I believe he actually lost money, then he pulled out. I kept telling him he just needs to follow what I do and he will make money. So now I'm showing him my account and how much I could pull out if I wanted with my total assets

I took frozenbeernuts advice and started rereading the thread to get his insights.  I'm only on page 53 so far, but this was a good one where beernuts describes alt-coins as a Ponzi scheme and is encouraging his friends to take advantage of that. Haha.

So far he's been singing the praises of ether as the one to rule them all, but he's still in the trading shìtcoins phase of his crypto career.  He's graduated from the, "my buddy told me to invest in crypto so I'm investing in crypto" phase.

At this point, a third of the way through the thread, we're still falling ass backwards into profit as we are suggesting knowingly investing in Ponzi schemes.  

[Frozenbeernuts 2,115]

14 minutes ago, nobody said:

I took frozenbeernuts advice and started rereading the thread to get his insights.  I'm only on page 53 so far, but this was a good one where beernuts describes alt-coins as a Ponzi scheme and is encouraging his friends to take advantage of that. Haha.

So far he's been singing the praises of ether as the one to rule them all, but he's still in the trading shìtcoins phase of his crypto career.  He's graduated from the, "my buddy told me to invest in crypto so I'm investing in crypto" phase.

At this point, a third of the way through the thread, we're still falling ass backwards into profit as we are suggesting knowingly investing in Ponzi schemes.  

You're right. I was dead wrong when I first got in. Had no idea what i was doing until I started studying bitcoin.

[nobody 2,564]

Through page 84.

Beernuts entered a trading bot phase midway through 2020 and then seems to have disappeared.  No insights yet.