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/biz/ - Business & Finance

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29851183 No.29851183 [Reply] [Original]

You fags know that cashing out is a meme, right?
You can't withdraw, exchanges take your money for internet coins and you're left looking at screen values, good luck selling all that and getting banks to accept the transfer... if you can sell first.

>> No.29851233

>>29851183
thanks boomer

>> No.29851344
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29851344

>>29851183
im not a fag
im bi

>> No.29851656

>>29851233
Nigger I've got land and a big ass farm that brings me real money, all you have is internet money that has no real usage, again, good luck cashing out
>>29851344
Bisexuals are massive faggots, even worse than flamboyant fags

>> No.29851714

My bank won't accept deposits from exchanges top kek

>> No.29851790

>>29851714
Get a new bank?

>> No.29851942
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29851942

>>29851183
my friend literally believed this somehow, I showed him /biz/ he got a quick 3x and tried to "cash out" and lost everything. I get that it's funny to pretend we already got rich etc. but I honestly think for the sake of newfags we need to make it clear none of these tokens are worth money until post-singularity

>> No.29852049

>>29851942
How did he lose everything anon? Was he not able to withdraw or sell?

>> No.29852173

>>29852049
cuz it's just internet funny money it's not real. the bank just laughed at him, told him not to fall for any more scams and closed his account. he's been living in his car two weeks now.

>> No.29852241

>>29852173
kek come on anon, I love a good meme and larp, but this is too much

>> No.29852313

>>29851656
you wouldn't be able to spot a bichad until after he fucked you in the ass

>> No.29852338

I tried to cash out my LINK gains and it was all gone. Never looked at life the same since. Things were shit before, but that was my last chance.

>> No.29852428

>>29852173
>>29852338
wait until most countries will ban or regulate all these coins, the mass rope will be glorious

>> No.29852515

>>29851183
what the hell are you talking about? is this some sort of crypto is not real fud or something?

>> No.29852547

>>29852515
It's a bubble anon. It's not real. Psychological milestones.

>> No.29852625

>>29851942
>>29852173
I don't get this? is the bank full of disconnected boomers or something? do they just not know what crypto is at all? if you invest into something and get value off of it over time, what is the issue? What am I missing here

>> No.29852663

>>29852515
It's not, try selling fir large amount of fiat, see who's gonna buy that. Where do you sell it?
Then more and more banks will not process transactions from exchanges.

>> No.29852730

>>29851183
Cool tell that to my 12 car garage

>> No.29852791

>>29852625
There was an anon a few days ago complaining that his bank straight away told him that they won't accept the transfer and he shouldn't try to do it.
Banks are anti-crypto

>> No.29852863

>>29851183
I sold my avax to a homeless man.

>> No.29852903

>trade coin for usd on coinbase
>move to bank account
What do you mean?

>> No.29852900

Paypal

>> No.29853039

>>29852791
I deposited thousands from Binance and Coinbase to BoA without any issues.
Thread is LARP.

>> No.29853063

>>29852791
and that will be their downfall lol. better get with the times grandpa.

We started with trading items with eachother
then we started to use intermediaries like silk paper,gold

Then issued currencies and later pegged the values to material items like gold.

If you really think that is never going to change again, u are retarded. it has changed many many times over the last couple 100-1000 years

>> No.29853140

>>29851183
i sell every few weeks to getting mining proceeds. My gaming PC makes me $5 per day and I cashout from coinbase. it always goes smooth

>> No.29853148

>>29851656
There are crypto apps offering traditional banking services. It's still in early stages as it's awaiting "regulatory clearance" also known as the Great Reset.
There are some boomers here who rarely leave their farm.

>> No.29853166

>>29853039
>Kraken to PNC
>Coinbase to PNC
No problems.

>> No.29853227

>>29853166
Actually, addendum: I had more trouble getting money out of Robinhood than my crypto exchanges.

>> No.29853251

absolutely bullish. You fags can't sell now hahahahaha

>> No.29853298
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29853298

There was a guy here stuck with like 400k and had to write a lawyer to get the money out

Crypto is a clownshow

>> No.29853306

Extracted 326k from kraken to my bank. Called then ahead of time to be sure thered be no issues with working that amount and they said it's cool. Just waiting to give the govt their cut and I'm home free with a few hundred k. This thread is dumb

>> No.29853509

I literally bought my house by cashing out. You're not going to make it.

>> No.29853603

>>29853306
>>29853509
This thread made me anxious. How do you cash out from Binance/Bittrex? Just turn it into a fiat currency and trasfer into the bank account?

>> No.29853701

Ah we started this fud again? You can easily cash out. Its just sometimes harder to cash out small caps; it takes a lot of time usually.

>> No.29853785

>>29853603
how new are you holy fuck. kind of a sell signal that people if newfags are actually taking OP seriously

>> No.29853927

>>29853603
You can only sell up to 10k or so for fiat, anything over that will have to be p2p or local bitcoin, in which case you'll lose some of your gains.
Fags here are larping when saying they cashed out 6 figures or more, it's really not easy cashing out on big sums at the moment.
I lost a good amount with all the back and forth in finding buyers then there's taxes then there's banks acting up when you have a huge amount coming from crypto. PayPal will freeze the account too on huge transfers, take everything with a grain of salt, fags here are larping too much.

>> No.29853970

>>29853785
Unironically