Forums > General Discussion   Shooting the breeze...

what did you buy with cryptocurrency today?

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Created by FormulaNova 28 days ago, 18 May 2021
FormulaNova
WA, 12039 posts
18 May 2021 1:18PM
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I think i might have this all wrong. Clearly people are using crypto for buying things from hotdogs to teslas.

So, what have you bought today with it?

elmo
WA, 8308 posts
18 May 2021 1:45PM
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Only Crypto Facists use Crypto curency

myscreenname
330 posts
18 May 2021 3:08PM
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Most people now buy other cryptocurrencies with it. A bit like Gold, very few people swaps gold for anything other than cash. I'm looking at getting a visa debit card that you can top up with crypto. The issue with it is that it converts it into fiat for the transactions. So unless you want to go through hundreds of micro transactions at the end of the financial year to work out if a gain has been made or not, it's probably not worthwhile.

Yes, early days with crypto. These issues will slowly get ironed out. If you are prepared to hold for 5 or more years, you will no doubt be rewarded

Razzonater
2184 posts
18 May 2021 3:08PM
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Nuclear weapons

IanR
NSW, 1125 posts
18 May 2021 5:21PM
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Well one one will be buying a Tesla with it any more. Elon Musk is no longer accepting payment with it apparently it not green enough

www.9news.com.au/world/bitcoin-elon-musk-does-not-deny-tesla-sold-entire-cryptocurrency-holding/cacfbfc1-e901-4bea-9eb1-c389220c431e

Harrow
NSW, 3818 posts
18 May 2021 5:28PM
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I haven't bought anything with crypto, but last week I received an email offering to delete some apparently interesting webcam footage taken remotely from my laptop in exchange for a bitcoin. I sent them a reply explaining my vanity wasn't great enough to burn another bucket of coal over. They seemed to understand as they haven't been in contact since.

myusernam
QLD, 5928 posts
18 May 2021 5:38PM
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thats why i like cumrocket.
It aims to be the porn industry coin and NFT market of choice.
A huge ready made market where the majority of users want anonimity
I



$CUMMIES is a deflationary token that will be used as a tipping, messaging, custom content and sexting currency on our NSFW content platforms. These include our brand new NSFW NFT marketplace as well as our private content subscription platform.We are already collaborating with real models that feature their 18+ content on cumrocketnft.com - these NFTs can even feature full adult films!Now, our sights are set on developing a version 2 of the marketplace which will enable us to fully customise it from the ground up.




View Our NFT Marketplace




In Q3 we will be launching a platform where adult creators can sell their private content for a monthly or yearly fee; bringing all the benefits that paying and earning in crypto provides!



cumrocketcrypto.com/

FormulaNova
WA, 12039 posts
18 May 2021 8:33PM
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Harrow said..
I haven't bought anything with crypto, but last week I received an email offering to delete some apparently interesting webcam footage taken remotely from my laptop in exchange for a bitcoin. I sent them a reply explaining my vanity wasn't great enough to burn another bucket of coal over. They seemed to understand as they haven't been in contact since.


Yeah, i have about 20 of the same email threat.

I am not sure i have ever been sitting infront of my laptop in a compromising position but surely the scammer cant be lying

So far this is the only example of its use as a currency i have seen.

While not anonymous, it can be setup to making tracing difficult.

Rails
QLD, 1275 posts
19 May 2021 4:17AM
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Bought a rainbow and a unicorn

BlueMoon
806 posts
19 May 2021 5:58AM
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CryptoCrash, it's going to be an interesting 18 months....according to YouTube anyway

eppo
WA, 7986 posts
19 May 2021 6:23AM
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YouTube. What does tic toc say about crypto ?

Harrow
NSW, 3818 posts
19 May 2021 10:35AM
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FormulaNova said..

Harrow said..
I haven't bought anything with crypto, but last week I received an email offering to delete some apparently interesting webcam footage taken remotely from my laptop in exchange for a bitcoin. I sent them a reply explaining my vanity wasn't great enough to burn another bucket of coal over. They seemed to understand as they haven't been in contact since.



Yeah, i have about 20 of the same email threat.

I am not sure i have ever been sitting infront of my laptop in a compromising position but surely the scammer cant be lying

So far this is the only example of its use as a currency i have seen.

While not anonymous, it can be setup to making tracing difficult.

Since my wife and I broadcast on a pay-to-view basis, I should probably make them a counter offer.

bjw
NSW, 3338 posts
19 May 2021 10:42AM
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Harrow said..

Since my wife and I broadcast on a pay-to-view basis, I should probably make them a counter offer.



You should definitely send him an invoice for him to pay.

myscreenname
330 posts
19 May 2021 3:56PM
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BlueMoon said..
CryptoCrash, it's going to be an interesting 18 months....according to YouTube anyway

Your entire life must be very uninteresting if you think the next 18 months will been interesting on YouTube.

evlPanda
NSW, 9082 posts
19 May 2021 6:15PM
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A commodity has to go through a few stages before it can be a currency, despite what all these crypto numnuts tell ya.

First, it has to be "collectible". So, lots of things

Second, it has to be a store of value. Bitcoin is here.

Third, a medium of exchange. Bitcoin is here, a very little bit. Some people do buy houses and cars and such, but very rarely.

Lastly, a unit of account. Bitcoin is obviously too volatile for this. It's still too small, even at $1 Trillion dollars, but it's noticeably less volatile, believe it or not.

it's probably 10-20 years from being stable enough to be a currency.

Will it bounce back to a new all time high in the next few months or years? Of course it will. Again. It's anti-fragile. The hardest commodity ever.

oscardog
199 posts
20 May 2021 11:01AM
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I did not buy anything with crypto but apparently the Colonial Pipeline Company bought their computer systems back from the Darksides control. US$5M worth of Bitcoin.

Oops now US$3M.

Macroscien
QLD, 5875 posts
20 May 2021 1:25PM
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evlPanda said..
A commodity has to go through a few stages before it can be a currency, despite what all these crypto numnuts tell ya.

First, it has to be "collectible". So, lots of things

Second, it has to be a store of value. Bitcoin is here.

Third, a medium of exchange. Bitcoin is here, a very little bit. Some people do buy houses and cars and such, but very rarely.

Lastly, a unit of account. Bitcoin is obviously too volatile for this. It's still too small, even at $1 Trillion dollars, but it's noticeably less volatile, believe it or not.

it's probably 10-20 years from being stable enough to be a currency.

Will it bounce back to a new all time high in the next few months or years? Of course it will. Again. It's anti-fragile. The hardest commodity ever.


Well , it will be interesting to see, when next day somebody comes to our borders to buy all our national resources and pay us 1 quadrillion off newly setup Cat Coins, Facebook Demons, DoggieX instead of solid something that you could exchange on similarly real thing? Sell our houses and land for an promise / mirrage?

oscardog
199 posts
21 May 2021 10:02AM
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Well , it will be interesting to see, when next day somebody comes to our borders to buy all our national resources and pay us 1 quadrillion off newly setup Cat Coins, Facebook Demons, DoggieX instead of solid something that you could exchange on similarly real thing? Sell our houses and land for an promise / mirrage?


Maybe sell our land for some glass bead necklaces?

Clarky
QLD, 288 posts
21 May 2021 7:12PM
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I bought my FUTURE

FormulaNova
WA, 12039 posts
21 May 2021 7:12PM
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Clarky said..
I bought my FUTURE


I bought mine too, but it was so cheap.

Carantoc
WA, 5357 posts
21 May 2021 7:34PM
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FormulaNova said..
I bought mine too, but it was so cheap.


Judging by your past you should get a very heavy discount

Harrow
NSW, 3818 posts
22 May 2021 9:06AM
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My future is already mine.

FormulaNova
WA, 12039 posts
22 May 2021 7:11AM
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Carantoc said..

FormulaNova said..
I bought mine too, but it was so cheap.



Judging by your past you should get a very heavy discount


Hey, I was saying it was almost worthless, but you are saying that I am such a good guy that I got a huge discount on the true value. Thanks brother!

FormulaNova
WA, 12039 posts
22 May 2021 7:17AM
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Harrow said..
My future is already mine.


Going off on a tangent agent, a book I am reading is pointing out that to some people 'enough' is never enough, and to other people there is a point where they are happy and it may be well under what other people think creates a happy life. The important distinction is that they are actually happy, whereas the rich man may still be thinking they haven't enough.

This book uses examples of where billionaires try and make just that little extra and get caught out and lose the lot.

I think there is potential in all of us to have a pretty good future, it just comes down to what we expect from it and what will really make us happy.

Harrow
NSW, 3818 posts
22 May 2021 10:08AM
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FormulaNova said..

Harrow said..
My future is already mine.

Going off on a tangent agent, a book I am reading is pointing out that to some people 'enough' is never enough, and to other people there is a point where they are happy and it may be well under what other people think creates a happy life. The important distinction is that they are actually happy, whereas the rich man may still be thinking they haven't enough.

This book uses examples of where billionaires try and make just that little extra and get caught out and lose the lot.

I think there is potential in all of us to have a pretty good future, it just comes down to what we expect from it and what will really make us happy.

Yeah, I'm happy with very little. I could buy a new beamer every year if I wanted, but I keep my 20 year old Camry with 430,000 km on the clock. Almost every week I get asked why don't I get a new car by someone....the answer is simple....I have absolutely no desire for one. It amazes me how many people are simply unable to comprehend that. "But you could easily afford it", they'll say. You could argue safety, but that's not what these people are talking about. I just never understand the buying something new for the sake of it mentality. I love being able to chuck bricks, concrete, whatever in the back of my car, get salt water and sand on everything, have the dog slober inside, and not care less how many shopping trolleys have been run into it. I don't even care that I haven't changed the oil for the last 4 years. (Not to mention it's quieter inside than any luxury car I could buy since I sound proofed the entire body when I did the sound system installation. )

bjw
NSW, 3338 posts
22 May 2021 11:20AM
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Harrow said..

I don't even care that I haven't changed the oil for the last 4 years.



There would be NFT's out there that have a NTA value higher than your car.

FormulaNova
WA, 12039 posts
22 May 2021 9:33AM
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Harrow said..

FormulaNova said..


Harrow said..
My future is already mine.


Going off on a tangent agent, a book I am reading is pointing out that to some people 'enough' is never enough, and to other people there is a point where they are happy and it may be well under what other people think creates a happy life. The important distinction is that they are actually happy, whereas the rich man may still be thinking they haven't enough.

This book uses examples of where billionaires try and make just that little extra and get caught out and lose the lot.

I think there is potential in all of us to have a pretty good future, it just comes down to what we expect from it and what will really make us happy.


Yeah, I'm happy with very little. I could buy a new beamer every year if I wanted, but I keep my 20 year old Camry with 430,000 km on the clock. Almost every week I get asked why don't I get a new car by someone....the answer is simple....I have absolutely no desire for one. It amazes me how many people are simply unable to comprehend that. "But you could easily afford it", they'll say. You could argue safety, but that's not what these people are talking about. I just never understand the buying something new for the sake of it mentality. I love being able to chuck bricks, concrete, whatever in the back of my car, get salt water and sand on everything, have the dog slober inside, and not care less how many shopping trolleys have been run into it. I don't even care that I haven't changed the oil for the last 4 years. (Not to mention it's quieter inside than any luxury car I could buy since I sound proofed the entire body when I did the sound system installation. )


I think cars are different for different people. Lots of people see them as status symbols, hence the need to upgrade to the latest and greatest and be seen in it. The same book I have been mentioning also says something like 'when have you ever looked at the driver of a nice car and thought "that guy looks cool"? Instead you are thinking "I want that car so that I can look cool".'

I like cars, but sadly in my family background its more like you keep the same one forever and it just about becomes a family heirloom. I think this is also why I have no need to update and buy a flash looking car. The practicality of it means more to me.

I think my happy medium would be to be able to buy a 'new' 20 year old Camry every year

An Irish woman I was talking to recently described the concept of people that have flash cars and next to no real assets as 'fur coats and no knickers'. I think there are quite a few people out there like that.

Harrow
NSW, 3818 posts
22 May 2021 11:53AM
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bjw said..
There would be NFT's out there that have a NTA value higher than your car.

There's a piece of gravel in my drive that has a higher NTA then my car.

But then that's value based on what people would be willing to pay for it, compared to the value of the utility that the car gives me, which would actually be a lot higher than that new beamer.

myscreenname
330 posts
22 May 2021 5:04PM
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Harrow said..
Yeah, I'm happy with very little. I could buy a new beamer every year if I wanted, but I keep my 20 year old Camry with 430,000 km on the clock. Almost every week I get asked why don't I get a new car by someone....the answer is simple....I have absolutely no desire for one. It amazes me how many people are simply unable to comprehend that. "But you could easily afford it", they'll say. You could argue safety, but that's not what these people are talking about. I just never understand the buying something new for the sake of it mentality. I love being able to chuck bricks, concrete, whatever in the back of my car, get salt water and sand on everything, have the dog slober inside, and not care less how many shopping trolleys have been run into it. I don't even care that I haven't changed the oil for the last 4 years. (Not to mention it's quieter inside than any luxury car I could buy since I sound proofed the entire body when I did the sound system installation. )


You could be defined as a 'miser'

Are you?

busterwa
3754 posts
22 May 2021 5:07PM
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Cocain and hookers

FormulaNova
WA, 12039 posts
22 May 2021 5:24PM
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myscreenname said..
Harrow said..
Yeah, I'm happy with very little. I could buy a new beamer every year if I wanted, but I keep my 20 year old Camry with 430,000 km on the clock. Almost every week I get asked why don't I get a new car by someone....the answer is simple....I have absolutely no desire for one. It amazes me how many people are simply unable to comprehend that. "But you could easily afford it", they'll say. You could argue safety, but that's not what these people are talking about. I just never understand the buying something new for the sake of it mentality. I love being able to chuck bricks, concrete, whatever in the back of my car, get salt water and sand on everything, have the dog slober inside, and not care less how many shopping trolleys have been run into it. I don't even care that I haven't changed the oil for the last 4 years. (Not to mention it's quieter inside than any luxury car I could buy since I sound proofed the entire body when I did the sound system installation. )


You could be defined as a 'miser'

Are you?



It's funny, to someone that really is a miser, its probably not an insult and worn with pride! I used to go to school with a friend that was very cheap and he would have worn that badge with pride. He would refuse to let us keep the windows of the car open or use the aircon in his car as he didn't want to waste more money on fuel.... what did we really care, we were kids and it was his car.

I remember my neighbour's idiot (soon to be divorced) daughter calling me a miser. She said this because I did most of the things around the house myself, in my case due to lack of money. I guess you can have a different opinion when the wealthy husband funds everything, but seemingly he must have got the ****s with her in the end too.

As an insult, its pretty redundant. If addressed to someone that wants to save money, its a badge of honour. If addressed to someone that has no money, its meaningless. If its from my neighbour's idiot daughter, its just the ravings of an airhead that has never had to work hard herself. (can you tell I didn't like her?)



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Forums > General Discussion   Shooting the breeze...


"what did you buy with cryptocurrency today?" started by FormulaNova