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Thread: Why they ask u to provide personal info when buying bitcoin?

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  1. #11  
    Hardcore To The Motherfu*kin' MAX Hulk! No ego lifting's Avatar
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    Quote Originally Posted by ~Dr Juice~ View Post
    -- Cryptocurrencies have been around since the 1980's and haven't been able to gain any significant foothold. Bitcoin, for an example, has been around since, I believe 2007-2008, and STILL has not been able to establish itself as a serious contender with consumers. I often look at the retail landscape and notice the glaring absence of retail giants whom DO NOT accept Bitcoin or other kinds of crypto. The likes of Amazon, EBay, and Walmart are just 3 of these industry giants. Even if I had one of these Bitcoins in my e-wallet, I've no idea where in my hometown city I can even transact with one!?! They aren't exactly widely accepted and for that reason, I'm out. The volatility scares me as well. The fluctuations rise and fall with such rapidity that I sense I'd find a roulette wheel at the local casino more sensible and calming. As I mentioned previously, for these reasons and more, I tend to value the tangible silver and gold market.
    I certainly wouldn't be investing in bitcoin now. A while back I had about 800 stranded in btc after a source ghosted mid sale. Decided to just leave it until the next time I had to use btc for gear, which never happened. When I cashed it out, it was worth many times that. The way it is now, you'd have to get pretty lucky to make any profits. Currency speculation is a crapshoot.

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  2. #12  
    CJM Spawn
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    Hey Dr juice Iím new here and looking for some info?
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  3. #13  
    Raging Lunatic freak of nature's Avatar
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    Quote Originally Posted by Lancer View Post
    Hey Dr juice I’m new here and looking for some info?
    You sir are on to something. Whenever I want specific advice about something I ask the person who has stated something to the effect of "LOL. I have no idea. I steer far clear of crypto currencies"
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