+1

If you deal with a cash only business or frequent a cash only bar, then you might rack up quarters and other coins pretty quickly. I used to use TD's coin counter too and now I rarely walk into a bank for anything anymore. Drive thru ATM ftw

I pretty much buy everything I need from Amazon and my local Target (and Target is only because it's much closer to me than Walmart, otherwise I'd prob be at Walmart). Had no idea CoinStar did that now. Nice to know when my car's cupholder fills up I can unload for Amazon or BTC now

Definitely bullish for BTC

Do you also have to spin around twice while blowing a bubble? Might as well add some additional friction to that process as if their wasn't enough already. Aside from the occasional user, most coiner regs need that change and would not be converting it to anything other cash or amazon even if they could (especially if they have the subsidized prime and its already apart of their routine). That point alone dismisses the increased utility argument. Maybe all the black marketeer's are visiting the local pigly wigly to reload before hitting up the darknet or maybe the wining brats who own their parents while grocery shopping are strong-arming them to the coinstar machine to buy crypto instead of the other tchotchkes?

i also had no idea coinstar offered rake free gift cards, pretty surprising. why would they do that?

No fee at all for gift cards? Or no fee above the 12% or whatever they normally charge? If there really is no fee then coinstar makes money off of a commission from the companies. For example, if someone buys a $100 gift card then statistically X% of that money will never get spent which is essentially a donation to the company. So they calculated how much gift card money never gets spent and part of that goes to coinstar. You also give a company a free loan when you buy a gift card.

Yes, it's no fee at all. Coinstar gets a % back from Amazon, and it's other merchants, just like affiliates do.

Because Amazon, Walmart, etc gives them a cut.

i don't think i have ever lost or not used a gift card. lol noobs.

If btc drops much lower I might be ready to buy a full coin for first time. Still holding my current bag. Crypto about to get real interesting in next 1 or 2 years. All the normies have left so if we go on a run again be interesting to see what happens. LTC and BTC have halvings(sp?) next year or 2. I think I'm gonna keep my ****coins but any future investment will be in top 30 coins.

Saw an ATM at Poland shopping mall today...ATM is operated by ****coins.club

Have none of you guys ever had a bank or credit union that had a coinstar-style machine right in it? As long as you're a member (mine required a savings acct with $25 min deposit, thats all) you can use it to convert your change to bills fee-free, for life.

Just weird as you guys keep talking about rolling up change, fairly sure very few banks do that anymore.

BTW, daily reminder in just 30 years, only 8 BTC will be mined every day (currently 1800)

my bank (TD) discontinued their coin counter machines

pretty sure they lost at least one class action for the machines not counting correctly

There is no money in the world as scarce as Bitcoin, fact. And nobody has enough power to change the monetary policy.

Let these two things deeply sink in. It's key in understanding Bitcoin and understanding this can make you very rich.

Again, this is completely false, there is no money in the world as scarce as RTCoin. There's only 1 of them. Checkmate.

Well, even in this dumb example RTCoin isn't scarce because you can easily change it's monetary policy. There is no certainty that you won't create more than one.

Also it's extremely illiquid obv. So I guess I could add the word 'liquid money' to my statement, to make it more robust.

The point is that scarcity =/= value, it's a point that bulls seems to miss whenever it suits their need.

Scarcity combined with demand equals value. Saying "There will only ever be 21M BTC!" is completely meaningless if no one (or so few people as to be effectively no one) wants them.

No ****. But Bitcoin went from a marketcap of $0 to $62 billion, in 10 years. So there is demand. You are making arguments which have no relevance to Bitcoin at all.

Something which isn't demanded obv has no value. If I can choose between money which inflates my purchasing power slowly (or quickly) away, or I can choose money which isn't inflated, I know what I'll choose. Luckily Bitcoin is completely voluntary, so you have the right to not adopt it and take the risk of missing out on a monetization event.

Did you just post a Davos 2019 interview with the CEO of Paypal of all people? Why not quote the headline coming from Davos that Bitcoin is going to $0 while you're at it.

'But Bitcoin went from a marketcap of $0 to $62 billion, in 10 years. So there was demand'

Sure, the Harlem Globetrotters won all those games in the past...

5 days since last post ITT. where my bulls at?

New bottom formed at $3215 on 12/15. Bitcoin has a long history of forming and retesting lows around technical levels that lead to capitulation events if broken. The $3215 bottom is especially interesting as it is the 200 MA. Imo, most TA is bull****, but the 200 MA trade backtests positive on the S&P500. The following graph assumes buy/sell after 1 bar confirmations:



source: https://www.triforcetrader.com/5-bul...about-markets/

bitcoin is going to 0

On a long enough timescale, everything goes to 0.

Then again, now that hamas in on board could be another bull run.

https://www.bloomberg.com/news/artic...oup-in-bitcoin

did we include ease of funding paramilitary terrorist groups in the list of Bitcoin uses? I can't find the page

see? real adoption.