>Steve Wozniak, the Silicon Valley celebrity best known as co-founder of Apple Inc., has revealed that he sold all of his bitcoin holdings at the Nordic Business Forum in Stockholm. In a Q&A session with American author Seth Godin, Wozniak said: “I don’t want to be one of those people who just watches the numbers.”
>In the past, the technology entrepreneur disclosed that he had purchased the digital asset “out of curiosity” when a single coin cost $700 USD. At that time he said: “I was just playing around trying out how to buy and sell stuff and I didn’t care I lost a ton of money, but now I’m way up.”
>It seems Wozniak did enjoy the bitcoin frenzy for a while, following the highs and lows of the cryptocurrency. However he soon noticed price movements were bothering him and building up worry. Wozniak, nicknamed “Woz”, then said he cashed out his holdings when BTC hit its $20,000 milestone in December 2017.
>BusinessInsider reported that Wozniak has never taken much interest in money matters — including trading Apple stocks. Last year, he compared bitcoin to gold and the U.S. dollar, where he marked USD value as “phony”, as the government can always print more and more. Additionally, he declared cryptocurrency to be even better than gold, as gold does not necessarily have a fixed supply. On the contrary, bitcoin has a fixed supply of 21 million coins.
So even the shills, who called Bitcoin "even better than gold", were into it just for quick profit. So much for this "revolutionary" technology... And I mean, it's ok to want make money, but why all the bullshit?
You can't sell bitcoin, there is no way to turn bitcoin into real cash again you fucking dumbasses. You might as well use monopoly money.
Jaxon Brooks
He needs a marketing man to manage his sales Oh wait...
Josiah Brooks
what is coinbase?
Kevin Ortiz
Bitcoin lost half its value. Vanessa Hudgens had a five o clock shadow on her muff.
John Turner
I don't know? Can I sell bitcoin on there and then have the exact amount sitting as hard cash on my table? Without losing 30% in commission?
Michael Campbell
>selling at 11k AHAHAHAHAAHA WOZ YOU PERPETUAL FUCKUP
Jose Evans
>then said he cashed out his holdings when BTC hit its $20,000 milestone in December 2017.
The best and brightest are headed to Japan, I see.
Justin Clark
Err the sydney btc meet does 100k deals every meet at market price with no fees/commission other than tx
Christopher Bennett
gig is up senpai
Kayden Flores
retard, show me one stock where commission is not involved. BTC can be cashed out,
Brandon Murphy
All right so the only way to turn bitcoin into real cash is to go to Australia to some meet up to sell it to some other bitcoin morons who are dumb enough to pay actual money for it.
That's about $4000 in flight cost and maybe 200 for a hotel, don't forget food and the time I lose from not being at work. So about a $5000 loss.
You can't turn bitcoin into real cash. It's an unregulated Ponzi scheme.
Luke Sanchez
You're dense. There are groups all over the world, there will be one in whatever your nearest city is.
Evan Cook
Nigga you can buy stock commission free in like 5 mins on your phone. Nigga that shit is also insured by the government my nigga what the fuck are you doing?
Leo Jones
That's like saying " you can turn trash into money, all you have to do is find someone who buys it! " no fucking shit you can do it that way, but there's no actual way to sell it and get your exact moneys worth on the spot, if I want to sell a stock I sell it, if I want to get cash, I go to the ATM. Crypto currencies are unregulated trash and you dumbasses are falling for that seriously pathetic. European Central Bank will never allow that shit to become a strong currency on the market, just like China, it will be a banned. And I can't wait for you fuckers to start crying about it
Jackson Peterson
You smell like a filthy nocoiner. Do yourself a favour and buy some XLM while it is still cheap.
Ayden Ross
Retard
Jonathan Stewart
>Steve Wozniak got into bitcoin at $700 How the fuck can a nerd that big be that far behind?
Jace Perry
point me in that direction. No chance that there is no (((fee))) associated with transactions. You have an extra chromosome if you do not understand that.
Sebastian Wood
shitcoin and all other memecoins are literally decentralized pyramid schemes
falls apart the moment it runs out of suckers willing to waste their money
Grayson Murphy
typical english teachers
Kevin King
Go ahead, blow your money into sites that will reward you with numbers that are completely useless and have nothing behind them other than hype
Adam Sanders
colonial scrip was destroyed for a reason and those same people are trying to do the same with crypto. They know that it gives freedom and prosperity so shill like you want to destroy it and keep the masses under the fake fiat control system.
Justin Campbell
ITT justifying a pyramid scheme
Wyatt Smith
Really, it has paid off my car note and will be able to pay off my mortgage shortly, all thanks to cryptos. Sour that you missed the boat,
Chase Reed
You can cash out in Switzerland at SBB stations.
Adam Davis
all the people shilling you to buy bitcoin just want to cash out. they can't cash out unless there are people to buy
Alexander Bailey
What the fuck germany? If you don't like it, don't invest. Stop being a whiny faggot.
It's better if its decentralized pyramid scheme than centralized pyramid scheme like all the FIATs.
Elijah Diaz
Changed your flag too. Jesus christ GTFO my internet.
Nicholas Smith
Nu-Sup Forums really is cancer Nocoiners are the lowest form of trash
Carson Edwards
why do you no coiners keep repeating this bullshit?
Luis Ward
Everything is a pyramid scheme you idiot. How are stocks any different?
Jace Reyes
HAHAHAHAHA!!!!, cryptofags got WOZZED!!!
Adam Stewart
the jews plan the crashes out better
Matthew Moore
>they can't cash out unless there are people to buy
that finance degree wasn't wasted on you
Anthony Ward
BC is a crypto Ponzi scheme
Thomas Ross
Did you go to that Australian meet up to cash out your crypto? Did your car dealership and bank accept bitcoin?
Stop Larping, you are 20 years old at the most.
And even if you did make that much in crypto currency, you cannot cash it out at the same price as I have stated before and there is absolutely no way in doing so without losing at least 30% to it in commission.
Brody Anderson
I'd love to laugh at all the coiner faggots when Satoshi Ponzi pulls out the plug from the server and all buttcoins disappear.
Oh those sweet coiner tears will be delicious!
Juan Lopez
If you buy it as an investment you are a retard...bought for 200€ at the beginning of 2017 and i will hold it even if it goes down to 0,1 € I just bought bitcoin to fuck off kikes and globalists with their own weapons Bitcoin is an ideological investment, no greedy ultracapitalist investment. If you havent understood that you have understood nothing German government already lost 170 millions thanks to bitcoin...that is the reason everyone should buy bitcoin...fuck those liberal muzzie cocksuckers and their refugee programms
Connor Cox
Go prep the bull. You're too stupid to be posting online.
Charles Evans
>invest
There is no investing going on here, all you are doing is gambling. And it's not even real gambling, because when you gamble you can cash out what you have, for example chips at a casino or a bet on a online bookmaker. All you do is throw your money at these sites and hope for the best, it is so fucking retarded
Lincoln Rogers
Then come up with an answer to how you can actually turn crypto currency's into real cash without losing a shit ton of it to commission. None of you bitcoin retards can do it
Colton Miller
>i bought bitcoin to fuck the globalists >i bought into an american ponzi scheme and sent money overseas with nothing in return to counter the globalists
Do you people hear yourselves speak??
Christopher Kelly
What choice do i have ? Give the money to our state knowing he will invest it into refugees, the european union and feminism or invest in a system which is at least slightly better
There is no good choice...but one choice that is 100% dumb and one that is 90% dumb
Dylan Sullivan
>what choice do i have?
Maybe the choice of not pissing youre money in something that is completely worthless on the free market and can never be cashed out again? Christ you people need to catch some air and go outside for once.
Hunter White
>every time the market starts to tank the same thing happens >oh no we've got a backlog of orders! We better close down trading >magically the owners of trading sites always get their trades through before everyone else's >somehow the owners never lose money on their trades >bbbbut it's not a scam, goyim!
Really gets those almonds burning
Jayden Foster
A nerd with funding too! Not average neet status
Zachary Wright
Pump and Dump
Joseph Thomas
You're fucking retarded What is coinbase? What is quadriga cx? Not to mention the many online stores that allow you to pay with BTC
Aiden Nelson
>fatass lard has weak hands quelle surprise
Xavier Edwards
Keep listing random websites that allow you to trade bitcoin into other cryptos with ridiculously high commissions...
Some dumbass claimed that he paid off his mortgage and car with crypto, I guess he bought all of that on Amazon?
The only way for me to turn my bitcoin into cash is to buy a whole bunch of shit on Amazon and then resell it at half the value?
Jaxon Stewart
I hope you coiners are converting that shit into real things of use. Reminder that the real currency of the future will be bullets and guns. Gold is fucking worthless.
Liam Williams
Yeah, but you cannot dump it into cash, only into other retarded Cryptos
Liam Howard
How can you compare owning part of a company like Apple or Microsoft with being like a pyramid scheme?
Is buying a house a pyramid scheme?
Leo Bennett
Maybe in Europe where the government ties your shoes for you . Most civilized places have exchanges where you can you know uh exchange currencies?
Charles Scott
Retarded. Then gold is a Ponzi scheme by the same logic
Brayden Thompson
everyone just wants to sell for "evil" "shitty" fiat
Bentley Young
Bait or are are Germans this retarded? Or are you one of the "new Germans"?
Andrew Hernandez
How do you think the person who bought his coins at 20k feel?
Gabriel Lee
>Gold is fucking worthless.
yeah.... but jews want that shit real bad for some strange reason, and they really seem to be on top most of the time so that should tell you something...
Camden Young
go back to /biz/ shill. SAGE ALL SLIDE THREADS
Landon Nguyen
THEY TOLD ME BITCOIN WOULD GO UP FOREVER
I TOOK OUT A MORTGAGE ON MY HOUSE AND WENT IN 20x LEVERAGED NOW IM BANKRUPT
HOW AM I GOING TO SUPPORT MY WIFE AND HER THREE SONS NOW??
Luke Price
Server? These are jokes from you?
Jordan Bailey
Why is it that all you crypto faggots always resort to le no-coiner meme and "are you retarded?" Instead of giving me a legit answer to my question: how do you turn crypto currency into real cash on the spot without any significant losses through commission? You can't, it is so predictable and fucking pathetic
Michael Rogers
It will go to 100k easy
Jacob Brown
I don't know about Germany. In Canada there are exchanges where you can buy and sell bitcoin with Canadian dollars. The exchange fee is like 0.5% of the traded value. If you sell your bitcoin for Canadian dollars, the exchange will wire that money to your bank account when you withdraw it. Before you withdraw any standard currency, it usually exists on the exchange as it would exist in another online bank account
David Edwards
/Biz/ here, buy link. It's gonna moon, seriously $100 eoy. Definitely finishing in the top ten, maybe not the top 5 though.
Sergey is gonna make us rich! Why do you hate money user?
Charles Parker
There are going to be obvious fees for exchanging any currency, that's not avoidable unless you spend the time and sell / buy in person, which some people do
Jeremiah Thomas
I was about to buy some Link but your post made me doubt that decision honestly. Good job!
Kevin Morales
shh brother. dont let them know.
Oliver Turner
>I don't understand how transactions work Oh Germany, how have you fallen.
Robert Young
Give me a quick rundown
Nicholas Cruz
I recommend investing in knee pads
I see lambos in our futures
Brayden Adams
So when someone is selling you a bitcoin and receives dollars in exchange, you're saying those dollars don't exist?
Austin Ross
Why will link moon?
Dominic Howard
No, that money simply disappears. Transactions absolutely do not work both ways
Jacob Wright
When the person who sold the bitcoin later looks at their dollar it will only be 70 cents because bitcoin's value has dropped 30% in the meantime.
Jace Ward
Meme magic.. Don't think, just believe. Biz will give you a bogdown
Noah Reyes
Market cap of bitcoin is 200 billion. Total cash inflows since 2009 is around 6 billion (per a recent jp Morgan study). Good luck finding cash
Brody Long
Well first you tell me where and how and at what exchange rate and how much time it takes , then we'll talk
Jason Carter
I currently have a 2% commission fee on my stocks, and a 0% commission fee on my bank account when I cash out, and i can do so anywhere i want at an instant for the same value. You name me one place in the market where this is possible with bitcoin, Hell, even where it comes remotely close to these numbers. You can't.
Austin Green
>you can't sell bitcoin >there is no way to turn bitcoin into real cash again >get told otherwise >b-but how much do y-you have to wait? >b-but what's the e-exchange rate?
Moving the goal posts to the fucking moon, this guy.
Liam Thompson
He didn't tell me a fucking thing, he just told me how a basic exchange works, it could be fucking rocks and sticks or soda cans, not crypto currency's. Quit bitching and answer the question
Austin Sanders
In Canada it takes one business day to withdraw to a bank account. That isn't the issue with bitcoin though, we have a piss poor system for sending money to people. Bank wires which take a day or two more don't charge any fee.
Joshua Bailey
>go to crypto exchange site >sell cryptos for real money
You can search things you don't know about on this amazing search engine called Google. Give it a try.
Matthew Gutierrez
Coinbase small fee any amount 3 days to clear ACH you fucking idiot
If your outside US you have more options like kraken and Gemini
Joseph Russell
You sell your bitcoin for Canadian on the exchange, and withdraw that.
Lucas Nelson
All the major BTC-USD exchanges have under 1% transaction fees (between 0.2% and 0.5% depending on the platform), and between 1% and 5% withdrawal fees - nowhere near the 30% that you pulled out of your ass Alternatively you can use p2p platforms like localbitcoins where there aren't any fees whatsoever. I wonder what strawman you'll find to bitch about next.
Jacob Cox
...
Jacob Jones
The exchange rate is as variable as every single currency exchange is. With the blockchain's seemingly infallible reliability, a transaction could go way faster than one with dollars at a normal bank.
You realise that if you buy a bitcoin, there has to be somebody selling it, right?
Still a ways to go then. Do you happen to know if they (JP Morgan) worked out how much of that inflow is down to mining rig running costs, or would such a thing be a cost that's subtracted from the inflow?
No, the dollar's value would be a relative constant, changing with inflation and public demand. Bitcoin wouldn't. Not as long as it's exploited as a get-rich-quick scheme by speculants.
Jose Perez
It won't.
Chase Hernandez
What is the point of bitcoins as currency if everyone just wants to sell it for real world money?
Camden Barnes
Any stock worth their saly pays out cash dividends. You own a fraction of a company ang get paid your fraction of the profits.
Tech companies lije Amazon are ponzi schemes but only because there will always be a segment of the population addicted to gambling and getting rich quickly.
Robert Martin
I must've just imagined cashing out and I guess the money in my bank account and the stuff I bought and the bills I paid with it were all in my imagination as well.
Jose Smith
This niggas addicted to Yous
Mason Morgan
>he just told me how a basic exchange works No, he was pointing out the stupidity of your statement that somehow it's impossible to sell Bitcoins for fiat, but it is possible to buy bitcoin with fiat. You understand transactions go both ways right? You understand that every time you buy bitcoin from another person, that person just "cashed out", right? The fact that you don't even understand transactions on a conceptual level shows you've got no place in this debate.
Carson Baker
A huge amount of real commerce takes place using bitcoin and other cryptos. A lot of it is from people sending money abroad and avoiding taxes.
Nathan Hall
There is not a single website or service provider that will let you exchange bitcoin at a 1% fee as you stated, you will never be able to send a bitcoin somewhere and then end up with cash on your bank account without gigantic losses and commission. If that's the case please link me to a website where that is possible, you can't.