Don't worry about the dollar value, that will be null and void in the future. When the coin reaches Satoshi status, the coin will be valued by how much are you willing to give a merchant for his goods that can go bad or break/expire. Treat it like gold. Never cash out as dollars, ever. Invest today and use tomorrow. You lose every time you sell them for cash. For now, transfer the coins to a private wallet like mycelium or Bitcoin core (if you have the hard drive space). Backup your private keys and your coins will always be safe. Even if your PC or phone catches fire. The backups are a critical step.
Should have kept your Bitcoin... You would have made some money given at this moment it's around $11k to $12k per Bitcoin :) Bitcoin and Digital currency is the new future. You will not lose your Bitcoin as long as you keep your "Private Keys" private and only for your eyes. Your Bitcoin will just remain on the Blockchain until you either withdraw or deposit more into your wallet. Anyway, awesome to see Coinstar offering Bitcoin, thanks for sharing the video!
@@taraharrison8381 Bitcoin is very volatile at the moment, however there are legislation in the works for regulatory clarity. Once we get some regulations involved, crypto may get a bit stable and prices can start to move up especially if mass adoption occurs. You won't get liquidated as long as you hold your coins. Sure it can fluctuate in the red just as fast as it can move up in the green. Mass adoption is around the corner in my opinion, especially if we move to a cashless society and this COVID19 is a perfect use case for that. (not financial advice, just offering my opinion).
Yea I bought today at $43k... Not ever going to sell it and planning on doing BC rather than casino. The machine also beeps and it is exciting to see how much it goes up and perhaps down.
@@vicman80best Awesome! BTW... Don't stress over the volatility of Bitcoin, it's just the way it goes. You're Bitcoin will climb long term considering it's a deflationary asset with a finite supply. It was only one year ago, BTC could've been purchased at around $4000 but fast forward the year it touched $45K. It will keep going up as more and more institutional money come on board. Patience is key... Good luck, and hope we call can have some life changing wealth someday.
Their value isn't based on where they are sold, their value is determined basically by the market essentially for one thing. What they've done most likely is one way or another got in touch with one of the people who got the coins when they were worth like $0.01 (one cent) each. Those same ones are worth just under $10k from what I am looking at now. That's 1,000,000x profit. So yeah they are now sitting there selling them for USD. You aren't wrong, though, for now I would rather be the one selling them than buying them. I got into it late, though. It is not worth investing in it now unless you are doing it for fun basically.
What info does the coinstar machine want to make a transaction? Because if it wants your Name, Email, Phone # they can kiss my ass ill take my shit to the bank.
Don't worry about the dollar value, that will be null and void in the future. When the coin reaches Satoshi status, the coin will be valued by how much are you willing to give a merchant for his goods that can go bad or break/expire. Treat it like gold. Never cash out as dollars, ever. Invest today and use tomorrow. You lose every time you sell them for cash. For now, transfer the coins to a private wallet like mycelium or Bitcoin core (if you have the hard drive space). Backup your private keys and your coins will always be safe. Even if your PC or phone catches fire. The backups are a critical step.
That'll never happen. Btc isn't sustainable
Should have kept your Bitcoin... You would have made some money given at this moment it's around $11k to $12k per Bitcoin :) Bitcoin and Digital currency is the new future. You will not lose your Bitcoin as long as you keep your "Private Keys" private and only for your eyes. Your Bitcoin will just remain on the Blockchain until you either withdraw or deposit more into your wallet. Anyway, awesome to see Coinstar offering Bitcoin, thanks for sharing the video!
Can it get liquidated? I don't understand that.
@@taraharrison8381 Bitcoin is very volatile at the moment, however there are legislation in the works for regulatory clarity. Once we get some regulations involved, crypto may get a bit stable and prices can start to move up especially if mass adoption occurs. You won't get liquidated as long as you hold your coins. Sure it can fluctuate in the red just as fast as it can move up in the green. Mass adoption is around the corner in my opinion, especially if we move to a cashless society and this COVID19 is a perfect use case for that. (not financial advice, just offering my opinion).
Yea I bought today at $43k... Not ever going to sell it and planning on doing BC rather than casino. The machine also beeps and it is exciting to see how much it goes up and perhaps down.
@@vicman80best Awesome! BTW... Don't stress over the volatility of Bitcoin, it's just the way it goes. You're Bitcoin will climb long term considering it's a deflationary asset with a finite supply. It was only one year ago, BTC could've been purchased at around $4000 but fast forward the year it touched $45K. It will keep going up as more and more institutional money come on board. Patience is key... Good luck, and hope we call can have some life changing wealth someday.
@@genelee1202 regulation? Oh God. Regulation and govt destroyed everything (and has caused more deaths than any other entity in the world)
Their value isn't based on where they are sold, their value is determined basically by the market essentially for one thing. What they've done most likely is one way or another got in touch with one of the people who got the coins when they were worth like $0.01 (one cent) each. Those same ones are worth just under $10k from what I am looking at now. That's 1,000,000x profit. So yeah they are now sitting there selling them for USD. You aren't wrong, though, for now I would rather be the one selling them than buying them. I got into it late, though. It is not worth investing in it now unless you are doing it for fun basically.
It’s not O it’s called Zero. Welcome.
Way to go.its win win if held LONG TERM as proven in the time since this video.
Ohs are letters. Zeros or numbers.
Sounds liks you need to learn a LOT more about crypto and blockchain..maybe you have... If so, welcome to the future
Duhhh...it's now worth 4 to 5 times that!
Hi man
Hopefully you still holding and bought more
Buyer, beware.
You're in; for a, scare.
^o^ (Scream)
A lesson about, lifestyle.💔
What info does the coinstar machine want to make a transaction? Because if it wants your Name, Email, Phone # they can kiss my ass ill take my shit to the bank.
great video bro
Major Yikes! 🤦🏽♂️
125 bux now
Lol !!