OK , I am bitcoin ignorant.
I see guns listed on Gunbroker for 2-3 times what they are worth and the seller say's they take bitcoin.
What is the deal with bitcoin and gun prices ?
I know they say you can spend bitcoin without anyone knowing who spends it , but it still has to go to an FFL and be picked up by a legal purchaser.
So am I missing something ?
What's the deal with bitcoin and gun prices
- Ballistic Therapy
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- Crippledtrigger
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Re: What's the deal with bitcoin and gun prices
PayPal is buying all the bitcoin they can get. Inflating prices.
What do they know?
What do they know?
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Re: What's the deal with bitcoin and gun prices
Same as people that accept gold and silver. Likely more of a mindset thing. A guy who bought Bitcoin at $200, now worth $18k, might be a little more apt to spend 3x on a firearm? Who knows.
- Suck My Glock
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Re: What's the deal with bitcoin and gun prices
And there's those who think Bitcoin will go higher as well, so there's that.TheAccountant wrote: ↑November 23rd, 2020, 9:46 pm Same as people that accept gold and silver. Likely more of a mindset thing. A guy who bought Bitcoin at $200, now worth $18k, might be a little more apt to spend 3x on a firearm? Who knows.
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Re: What's the deal with bitcoin and gun prices
Very true. Hell, I thought it was overpriced at $600.
- Manitu
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Re: What's the deal with bitcoin and gun prices
The bitcoin exchange more than once has been cleaned out, stolen, bye bye. Do they all go down in value or are some owners s.o.l.?
- Hunter
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Re: What's the deal with bitcoin and gun prices
Bitcoin is not anonymous. All the features the tech geeks promised when bitcoin was new, like divisability, speed, low transaction costs and yes anonymity haven't worked out.
But there is one feature bitcoin and all cryptocurrencies have that makes them attractive. You can get out of the country and take your money with you.
But there is one feature bitcoin and all cryptocurrencies have that makes them attractive. You can get out of the country and take your money with you.
- Suck My Glock
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Re: What's the deal with bitcoin and gun prices
THISHunter wrote: ↑November 24th, 2020, 5:27 am Bitcoin is not anonymous. All the features the tech geeks promised when bitcoin was new, like divisability, speed, low transaction costs and yes anonymity haven't worked out.
But there is one feature bitcoin and all cryptocurrencies have that makes them attractive. You can get out of the country and take your money with you.
- McKnight55
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Re: What's the deal with bitcoin and gun prices
What are the chances that the next stimulus payment is in a digital currency?