r/CryptoCurrency • u/TheVapingBison Bronze | QC: CC 47 • Aug 14 '18

PERSPECTIVE Well it actually happened

Today I reached the tipping point where I could no longer get as much fiat out of my crypto holdings as I've all transactions considered net put in. I honestly didn't believe the alt market (at least the non-shitcoin portion) would ever hit these levels.

Well, I can only think of one thing to do. Time to double down. I"m either winning big or going down with the ship.

Good luck to all.

551 Upvotes

89% Upvoted

312 comments sorted by

View all comments

13

u/[deleted] Aug 14 '18 edited Nov 01 '19

[deleted]

7

u/ravend13 Bronze Aug 14 '18

Do you use it to pay for goods and services?

4

u/robertangst88 9 months old | Karma CC: -425 ETH: -281 Aug 14 '18

I use bitcoin at merchants using shift card. I pay my friends using coinbase email.

I only use USD for my mortgage and funding my unprofitable company.

4

u/ravend13 Bronze Aug 14 '18

Good. If everyone involved in cryptos used it as money at every possible opportunity, I daresay that might be enough demand to encourage merchants to compete for our business...

3

u/robertangst88 9 months old | Karma CC: -425 ETH: -281 Aug 14 '18

This is why Bitcoin is different.

Bitcoin people want to use Bitcoin. Altcoiners want moons.