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GM is very concerned about this after all these years and wants to know what happened so I will try to help.

I would start by reading the thread.  It will be an invaluable resource.  

Crypto went up, no one wanted to sell.

Crypto when down, nothing to sell.

I didn't sell any holding that wasn't posted here.  Everything is still in the wallets or exchanges if they still exist.  

Jersey will get controll of everything by the end of the weekend hopefully.  

There you go.  Do we need to answer CYDY questions too when everything is posted about that too?

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Nobody has a say except cav. We all agreed to that upon acceptance.  In the end if Cav has to go to prison for all of us to make a few hundred bucks, then that's the way it has to be. 

My wife was like "how do you know you can trust him?" "well he's been posting there 15 years"  "YOU'VE been there 15 years??" "16"

The current "slang" reminds me of the poker craze when guys would talk in terms only other regular players could comprehend... "Got sucked out on a blind draw deuce moon quad flop when I had deez

9 minutes ago, IC FBGCav said:

GM is very concerned about this after all these years and wants to know what happened so I will try to help.

I would start by reading the thread.  It will be an invaluable resource.  

Crypto went up, no one wanted to sell.

Crypto when down, nothing to sell.

I didn't sell any holding that wasn't posted here.  Everything is still in the wallets or exchanges if they still exist.  

Jersey will get controll of everything by the end of the weekend hopefully.  

There you go.  Do we need to answer CYDY questions too when everything is posted about that too?

Sorry Cav.  Got a little drunk last night and decided to run my mouth when I shouldn't have.  You did nothing wrong.  I'm a jackass and I have no further questions.

I'd like my $5.75 in twos, singles and nickels please Jersey.

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8 minutes ago, General Malaise said:

Sorry Cav.  Got a little drunk last night and decided to run my mouth when I shouldn't have.  You did nothing wrong.  I'm a jackass and I have no further questions.

I'd like my $5.75 in twos, singles and nickels please Jersey.

Ya, I am going to organize this. Someone else can mess with payouts. 

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In a nutshell, we bought at the top of the cycle. That cycle is a bit evergreen, and will come back around. Most of the stuff we hold is ####, some is not. A few might bounce at the end of the current cycle. 

5 dollars could be 10 dollars in no time!

Edited by JerseyToughGuys
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15 hours ago, Jefferson the Caregiver said:

I'm not sure we actually own any bitcoin, looks like a lot of deepbrainchain, linda, dragonchain and other altcoins that are worth fractions of a penny

Sure, TODAY maybe.

But just you wait...

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2 hours ago, JerseyToughGuys said:

In a nutshell, we bought at the top of the cycle. That cycle is a bit evergreen, and will come back around. Most of the stuff we hold is ####, some is not. A few might bounce at the end of the current cycle. 

5 dollars could be 10 dollars in no time!

Then.........LET IT RIDE!!!!!!!!!!!!!!!!!!!!!!!!!1111111

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First off, all the coins are where they were.  I wrote down instructions for my wife in case I died on how to access the a long time ago.  I seen the instructions in my safe a few times looking for other things so I know they are there.  I also remember thinking man this isn't going to be easy for her or me.  But I will get it done.

I also am truly sorry this crap went bust.  I love to give to people here and not to take from you all.  So I apologize for leading you down this path.

When bitcoin was at 3 to 5k.  Our stuff was less than 500 bucks or so.  I am sure there was some discussion in the thread of selling everything for btc.  For most coins the fees to exchange were more than the coins.   

Finally thanks to @JerseyToughGuysfor helping, I asked many times to silence.

 

 

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15 hours ago, IC FBGCav said:

First off, all the coins are where they were.  I wrote down instructions for my wife in case I died on how to access the a long time ago.  I seen the instructions in my safe a few times looking for other things so I know they are there.  I also remember thinking man this isn't going to be easy for her or me.  But I will get it done.

I also am truly sorry this crap went bust.  I love to give to people here and not to take from you all.  So I apologize for leading you down this path.

When bitcoin was at 3 to 5k.  Our stuff was less than 500 bucks or so.  I am sure there was some discussion in the thread of selling everything for btc.  For most coins the fees to exchange were more than the coins.   

Finally thanks to @JerseyToughGuysfor helping, I asked many times to silence.

 

 

Hey I "lost" (hope spring eternal!) a bit here but it really wasn't much more than I would normally risk hoping to make a relatively small profit at a casino, and the potential payoff was much larger.  No worries at all, I for one appreciate your volunteer efforts.  Thank you!!

 

eta: One other thought:  the entertainment value is still paying dividends, as evidenced by the fact that the first thing I did when I saw the bitcoin rising story on my newsfeed was to search for this thread and see if I could get the spreadsheet to pull up.  Someday, we'll all be filthy rich off this endeavor.  Until then, we play...the waiting game...

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6 hours ago, Psychopav said:

  Someday, we'll all be filthy rich off this endeavor.  Until then, we play...the waiting game...

Can you give me a ballpark on when this might occur?  Trying to decide if I need to go to work tomorrow or not.

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19 hours ago, Nathan R. Jessep said:

So are we rolling everything we can into BTC before it blows through the roof? :coffee: 

 

The transaction fees on selling the junk coins will eat up whatever you have on them. It's like when a penny stock drops and the broker commission is more than what you're holding if you wanted to get out.

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15 minutes ago, shades said:

 

The transaction fees on selling the junk coins will eat up whatever you have on them. It's like when a penny stock drops and the broker commission is more than what you're holding if you wanted to get out.

Deep brain chain 4 lyfe 

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27 minutes ago, shades said:

 

The transaction fees on selling the junk coins will eat up whatever you have on them. It's like when a penny stock drops and the broker commission is more than what you're holding if you wanted to get out.

:no:

Binance, where much of this stuff is sitting, charges 0.1% for each trade.

So whether the collection of #### coins is worth 10,000 or .01, its the same fee. And these coins are sliced into micro slivers. 

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In any event, my preference would be to wait on this crap. Let it ride, hope for a lucky runner. 

We bought in at the top of the "alt season" cycle. Unless people suddenly became less greedy, I am betting we see another alt season as BTC tops off (2 - 3 years). That trend has happened a few times in the history of all of this stuff. Taking a wait and see could end up yielding a lucky 100x or two. The time to put it into BTC was when it was sub 10K. 10x BTC from here is nearly $200,000. 

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Not sure where to put this, but thought others here might have been using Binance as well.  Received this email from Binance on 11/23:

Quote

Dear user, as we constantly perform periodic sweeps of our existing controls, we noted that you are trying to access Binance while having identified yourself as a US person. Please note that as per our terms of use (https://www.binance.com/en/terms), we are unable to service US persons. You have 14 days to close all active positions on your account and withdraw all your funds, failing which your account will be locked. Once your account is locked, you will have to raise a customer service ticket for us to assist you further. We thank you for your continued support and apologise for any inconvenience caused.

Glad I decided to read that particular email.  I don't have a lot of $ there, but enough to not just lose or have to jump through a bunch of hoops to withdraw.  Spent about 45 minutes getting my account reset since I hadn't logged on in well over a year.  Now I'm waiting on my Coinbase account to be reset so I can transfer.

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On 11/28/2020 at 9:54 AM, WDIK2 said:

Not sure where to put this, but thought others here might have been using Binance as well.  Received this email from Binance on 11/23:

Glad I decided to read that particular email.  I don't have a lot of $ there, but enough to not just lose or have to jump through a bunch of hoops to withdraw.  Spent about 45 minutes getting my account reset since I hadn't logged on in well over a year.  Now I'm waiting on my Coinbase account to be reset so I can transfer.

Hmm, I didn't receive that email. And I just logged into my Binance last week to see what I had in there. 

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2 minutes ago, Nathan R. Jessep said:

Hmm, I didn't receive that email. And I just logged into my Binance last week to see what I had in there. 

Maybe they are just trying to get rid of me since my account has been dormant for a while.  :shrug: 

@General Malaise  Hold onto your hat, but I'm seeing your $50 is now up to about $8.

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9 hours ago, Nathan R. Jessep said:

Hmm, I didn't receive that email. And I just logged into my Binance last week to see what I had in there. 

I thought you might want to look into this a little more:

https://www.theblockcrypto.com/post/85589/binance-blocking-us-users-14-day-deadline-new-email

https://coingeek.com/binance-will-lock-united-states-users-accounts-in-14-days/

https://www.coindesk.com/binance-ramps-up-crackdown-on-us-users-giving-them-14-days-to-withdraw-funds

Not sure how legit these sources are.

Edited by WDIK2
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16 hours ago, WDIK2 said:

this might be the caveat here (from the coindesk link):

Quote

 (not to be confused with Binance US, which is legally open to U.S. residents).

 

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  • 3 weeks later...

I’m shocked that this thread isn’t drawing more attention considering the move Bitcoin has made over the better part of the last 3 months, and particularly over the last 2 weeks as it crossed the $20k psychological barrier and now sits at about $27k.

With the US well on its way to $30T+ debt levels as it continues to debase the dollar with unlimited stimulus...the crypto space has never been more active.

That, along with the explosion in Dentralized Finance vehicles which exploded over the summer and likely will continue to grow in offerings and relevance...this thread needs more consistent Page 1 viewing.

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2 hours ago, TheDirtyWord said:

I’m shocked that this thread isn’t drawing more attention considering the move Bitcoin has made over the better part of the last 3 months, and particularly over the last 2 weeks as it crossed the $20k psychological barrier and now sits at about $27k.

With the US well on its way to $30T+ debt levels as it continues to debase the dollar with unlimited stimulus...the crypto space has never been more active.

That, along with the explosion in Dentralized Finance vehicles which exploded over the summer and likely will continue to grow in offerings and relevance...this thread needs more consistent Page 1 viewing.

 

Why? There's zero Bitcoin in this thread. Why would Bitcoin moving up change anything about the junk coins owned in this thread? This thread needs to be on page 100, not page 1.

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17 minutes ago, shades said:

 

Why? There's zero Bitcoin in this thread. Why would Bitcoin moving up change anything about the junk coins owned in this thread? This thread needs to be on page 100, not page 1.

The market cap of the entire crypto space has increased, junk coins included.

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