iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,423 Blog Posts

Bought Some SHITCOINS Tonight

I’ve had some extreme success in equities and instead of taking the money and literally burning it to light my cigars, I tossed some into a Coinbase account and then into an exchange, in order to gain experience in trading SHITCOINS.

Bear in mind, I’ve chalked this money up to a loss and only invest it to gain experience. Also, after I’ve gained enough experience to possess a modicum of knowledge, I intend to direct some of iBC’s annual revenues into buying/selling SHITCOINS. Just know, for every dollar you spend at iBC, 10% of that will go towards my midnight degeneracy on some shady exchange, buying and selling SHITCOINS at a frantic pace.

My first order of business is to acquire storage/database coins. This is a real world solution that will upend an obnoxious industry. Whether the coins I am buying now are worth the digital code on the screen is another question. But I’ve wasted money on worse ideas. Here’s one way to view it: this can’t be worse than trading VIX ETFs, can it?

No.

Quick question: Do any of you want me to start accepting Bitcoins as a form of payment for Exodus? I can do it and it’s not really a big deal. Let me know.

Back to trading with crazy people, stealing money in the night.

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25 comments

  1. zombie

    YES! The fun begins!

    FIG

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  2. probucks

    Crypto currencies are for retarded children and beta males. I will NOT participate in the self flagellation.

    Buy physical gold bars if you want to preserve your wealth. I’ll be here after the NK EMP attack and worth multiples more.

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  3. frog2

    bitcoins transaction fees make it shit for accepting payments right now

    top shitcoins for lotto money

    req coin
    pascal coin
    bat
    sia
    dent
    coss
    deep brain chain

    ethereum tops bitcoin in 2018

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  4. metalleg

    I strongly urge you to keep your coins off the exchanges as much as possible and be very very careful to ensure you select the correct URL when visiting your exchange(s) of choice. Take it from me and my experience, you can fuck yourself real good if you make a mistake. Also, use 2FA authentication for login and withdrawals but that’s not foolproof either. My carelessness cost me some but in the overall scheme of things, it was probably an inexpensive lesson.

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  5. husaria

    Perhaps you take bitcoin IOU for services? Yes? Have in handy denominations and sizes. IOU’s have physical substance, so they give credibility and substance to cryptocurrency. They shiny too! Right now only in milk chocolate, but other varieties available soon!

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  6. NotGekko

    I have created my own coin. I will pay you with it from now on.

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    • oilerua

      I have created the Cockcoin . When I pay with it , who receives my payment knows a trusty big penis is in contact and paying , and his life gain from this trust ; mcafee fee-fee for promoting my cock(coin) is big too. Everything works.

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  7. echeshier

    Be a pal and tell us – what shitcoins are you accumulating?

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  8. wolfdaddy

    I did the same. Curious as to what platform people buy shit coins with. Currently using binance as they have all the shitcoin available. My concern is that it will be shut down one day. Any suggestions for a US based platform that is accepting new users. Also have kraken account but they seem to suck

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    • metalleg

      I have accounts at Bittrex, HitBTC, Cryptopia, Coinexchange, Livecoin, and Binance but that one is history because I screwed that up and lost it. Long story.

      Anyway, they all do the job depending upon the coin you are seeking to buy but as I stated above, try to get your coins off the exchanges.

      Get yourself a Ledger Nano and store whichever coins you can. ERC20 coins can be stored on the Ledger Nano using MyEtherWallet.

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  9. lapens

    I can’t wait to pay for Exodus via LTC or ETH in a few months 🙂

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    • lapens

      Sorry, I should have been clearer. Yes, I’d like to pay via crypto when it’s ready to go. Cheers Fly.

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  10. sarcrilege

    That will make basement billionaire Fyrstikken happy. Open up that wallet and ride the bull wave high. You can be best buddies and watch the price go hiiiiiigh…
    https://youtu.be/3gfntBEI3Aw

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  11. Angel of Death

    Instead of accepting bitcoin you should probably just create an iBC coin and do an ico.

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  12. frog2

    is this real? Buffett says he’s buying cryptos

    https://m.imgur.com/02Bxkye

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    • oilerua

      “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” Buffet explained. “When it happens or how or anything else, I don’t know. But I know this: if I could buy a five-year put on every one of the cryptocurrencies, I’d be glad to do it

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  13. CF4

    Absolutely not. BTC is for HODLing, not for micro payments.

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  14. oilerua

    Quick question: Do any of you want me to start accepting Bitcoins as a form of payment for Exodus? I can do it and it’s not really a big deal.

    please do me a favor . Before this news hits the official newswire set up an ipo for ibankcoin . associate an ico too possibly .

    thanks.

    regards.

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  15. oilerua

    forget bitcoin @ 9000 , in any case. shitcoins will follow likely .

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  16. mongoosereflexes

    Bitcoin no good for transactions. If you do that set up Litecoin LTC as your payment coin

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