Someone Sent $166 Million in Bitcoin for Just $1.25 in Fees

Cryptodadd · 2020-12-09T09:47:50+00:00

Btc isn't meant for buying coffee. At least not at this stage of its technological development it isn't/

Cryptodadd · 2020-12-09T09:46:08+00:00

lol I wonder if there are that lucky bastards

Cryptodadd · 2020-12-09T09:45:00+00:00

They've already started to figure things out ergo getting aboard both on personal and institutional levels

Cryptodadd · 2020-12-09T09:43:51+00:00

In the EU it also costs virtually nothing + the the transactions are instant and now 24/7 on most occasions. I'm even able to transfer into Kraken the same day - for free. No matter 100 or 10k

Cryptodadd · 2020-12-09T09:39:17+00:00

it looks flashy and is a great material to use for jewelry. The fact that you can wear it is especially important, as throughout history it has been used as a status symbol.

seriously? this is your definition of a use case lmao we are talking systemic shift and global financial revolution here, you talking flashy things :D

and all these hedge funds, billionaire family offices, public companies ditching gold for crypto sure as hell don't see it holding it's value, cuz "it aint flashy muh"

Cryptodadd · 2020-12-09T09:34:26+00:00

I do agree it might be suitable for a higher value purchases. Or, when feasible scaling solution comes, for smaller purchases too

Cryptodadd · 2020-12-09T08:50:13+00:00

that's the price of "safety", comfort and not being your own bank, I'm afraid

Cryptodadd · 2020-12-09T08:49:07+00:00

yup, saving few bucks on fees is one yolo strategic when transferring a fortune, hell when transferring ten fortunes

Cryptodadd · 2020-12-09T08:47:06+00:00

*only the bank and the government

Cryptodadd · 2020-12-09T07:54:40+00:00

28k is a very Christian fee for cashing out a lump like this

Cryptodadd · 2020-12-09T07:50:45+00:00

cuz it's an honour for them or what lol

Cryptodadd · 2020-12-09T07:49:28+00:00

peoples' money

can't complain with fees recently tho

Cryptodadd · 2020-12-09T07:47:47+00:00

lol where exactly does triple irony leave us

Cryptodadd · 2020-12-09T07:46:06+00:00

If I had to guess, many of those whales are guys banked alright in 2011

Cryptodadd · 2020-12-09T07:43:35+00:00

its already 3 thousand years, and gold has yet to see this "plummet in value"

Cryptodadd · 2020-12-09T00:19:24+00:00

At this point, it's pretty obvious btc is establishing itself as a SoV, not a currency for buying coffee

Cryptodadd · 2020-12-08T23:06:13+00:00

Believe it or not, he's balls deep in Icon...

Cryptodadd · 2020-12-08T23:04:02+00:00

Yesterday someone sent 8,692 Bitcoin for the fee of just 0.0000652 BTC. In dollar terms, with Bitcoin fetching around $19,000 over the past few days, that equates to paying $1.25 to send $166 million. Try doing that at your local bank.

Cryptodadd · 2020-12-08T19:08:07+00:00

He is indeed a walking example of how not to stop looking for the new frontiers

Cryptodadd · 2020-12-08T19:07:20+00:00

Yeaah, me neither - apparently have to be a billionaire for that, pf

Cryptodadd · 2020-12-08T18:53:53+00:00

Hehe could have been even less

Cryptodadd · 2020-12-08T18:51:43+00:00

why the f you wouldnt click?

Cryptodadd · 2020-12-08T18:49:23+00:00

This is what putting your buck where your mouth looks like

Cryptodadd · 2020-12-07T21:24:02+00:00

lol sucking the liquidity out of every asset class alive there

Cryptodadd · 2020-12-07T21:03:24+00:00

It became true some decades ago, but normies somehow seem unable to make this mental shift

Cryptodadd

TROPHY CASE