Current Events > The porn guy has $42 million in crypto now.

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JackSwanye2
11/26/17 9:43:38 PM
#1:


That is kinda crazy. But I guess it isn't surprising. Bitcoin is about to double in price. Bitcoin cash went from 300 to 1,700. Dude is probably set for life.

9y4QJe3
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_BlueMonk
11/26/17 9:44:20 PM
#2:


but but but

BUBBLE!!!!?!?!?
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HydraSlayer82
11/26/17 9:44:47 PM
#3:


Man what a way to get rich.
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AlecSkorpio
11/26/17 9:45:05 PM
#4:


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Complete_Idi0t
11/26/17 9:45:16 PM
#5:


...and it's gone
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#6
Post #6 was unavailable or deleted.
Blue_Inigo
11/26/17 9:46:29 PM
#7:


It fucking blows my mind everytime
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SSJGrimReaper
11/26/17 9:46:49 PM
#8:


They grow up so fast
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#9
Post #9 was unavailable or deleted.
JackSwanye2
11/26/17 10:17:43 PM
#10:


leverageblargh posted...
So is this just potential value or has he actually converted that to real money


9 million in his bank account. 42 million internet money.
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chill02
11/26/17 10:18:15 PM
#11:


Blue_Inigo posted...
It fucking blows my mind everytime

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3khc
11/26/17 10:19:02 PM
#12:


Fuck everyone who made it rich off this.
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SSJGrimReaper
11/26/17 10:19:47 PM
#13:


He's probably boning actual pornstars now instead of watching their vids
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NewerMernardi
11/26/17 10:21:16 PM
#14:


Lmao I should make money off him by making a biopic of him
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ScazarMeltex
11/26/17 10:23:58 PM
#15:


This works for real currency as well. Back when China let it's currency inflate to actual market value people who had invested in it became million and billionaires in the course of hours.
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Back_Stabbath
11/26/17 10:25:26 PM
#16:


im so fucking salty
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wolverinev2
11/26/17 10:25:39 PM
#17:


SSJGrimReaper posted...
He's probably boning actual pornstars now instead of watching their vids


He actually did that, and said it was good but not great.

I'm wondering how this deal works out for him, when it comes to paying his taxes.
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SSJGrimReaper
11/26/17 10:26:20 PM
#18:


wolverinev2 posted...
SSJGrimReaper posted...
He's probably boning actual pornstars now instead of watching their vids


He actually did that, and said it was good but not great.

I'm wondering how this deal works out for him, when it comes to paying his taxes.

who did he smash
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bluezero
11/26/17 10:27:56 PM
#20:


I wonder where you keep that kind of money. Banks are only insured for so much, right? I'd be nervous, but I've also never researched it.

Anyway back on topic, what a story.
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wolverinev2
11/26/17 10:28:39 PM
#21:


I'm kind interested in investing in this stuff. Though my main concern is that it seems too risky and not like something that will last that long.

In other news. Congratulations to him. Who would have thought that watching tons of porn would set him up for life?
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Complete_Idi0t
11/26/17 10:29:34 PM
#22:


Does he have $42 million or $4.2 million? Keep your story straight guy
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wolverinev2
11/26/17 10:29:41 PM
#23:


bluezero posted...
I wonder where you keep that kind of money. Banks are only insured for so much, right? I'd be nervous, but I've also never researched it.

Anyway back on topic, what a story.


I would assume you could open a new account specially made for that amount of money. If guys like Warren Buffet can do it, than it's not really an issue for Donut.
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COVxy
11/26/17 10:30:03 PM
#24:


Let's not pretend he's rich when he literally cannot pull out the money fast enough.

He won't be able to sell it before it crashes, making his fake money, well, fake money.
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V-E-G-Y-
11/26/17 10:30:44 PM
#25:


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NewerMernardi
11/26/17 10:31:00 PM
#26:


COVxy posted...
Let's not pretend he's rich when he literally cannot pull out the money fast enough.

He won't be able to sell it before it crashes, making his fake money, well, fake money.

If he's got 9M in the bank, I'm pretty sure he's rich
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wolverinev2
11/26/17 10:32:02 PM
#27:


V-E-G-Y- posted...
$4.2 million doesn't sound like a lot tbh


It depends on how he spends it and what he does with it. If he doesn't decide to be an idiot with it. It will likely last for a good majority of his life. But, if he spends like a Youtuber... Then maybe it will last him 2-3 years before taxes get to him and all the costs add up.
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COVxy
11/26/17 10:32:10 PM
#28:


NewerMernardi posted...
If he's got 9M in the bank, I'm pretty sure he's rich


This is the first I've heard of him actually cashing any of it out.
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Sativa_Rose
11/26/17 10:32:39 PM
#29:


right I need more proof
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Schwarber
11/26/17 10:33:16 PM
#30:


Good for him, but why are so many ppl obsessed with the dude? Miss his porn topics?
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AllStar_09
11/26/17 10:33:20 PM
#31:


How can I be on this reddit board?
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#32
Post #32 was unavailable or deleted.
Cookie Bag
11/26/17 10:34:14 PM
#33:


RedWhiteBlue posted...
show a downward trend that he'd pull out entirely.

I thought you're allowed up to $15000 daily only?
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Uncle_Drew
11/26/17 10:34:16 PM
#34:


So how does that work, how does he turn that into real money? Who pays him for his crypto stuff?
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UrCa1988
11/26/17 10:34:24 PM
#35:


COVxy posted...
NewerMernardi posted...
If he's got 9M in the bank, I'm pretty sure he's rich


This is the first I've heard of him actually cashing any of it out.

He made a topic about it on his reddit board. I don't have the link, but I remember seeing it. Even if what he had left in crypto vanished overnight, he more than made his investment up.
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Fundabz
11/26/17 10:35:34 PM
#36:


Schwarber posted...
Good for him, but why are so many ppl obsessed with the dude? Miss his porn topics?

"The Gamefaqian Dream"
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COVxy
11/26/17 10:36:20 PM
#37:


Cookie Bag posted...
I thought you're allowed up to $15000 daily only?


Yeah, there's a cap on selling, as far as I understand it. I don't remember exactly how much though. So pulling out that much in crypto would take so long, unless you are having many minions pulling out and then sending you the money, in which case you'd almost certainly crash the entire market.
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NOM
11/26/17 10:36:34 PM
#38:


It's too much trouble figuring out this crypto coin shit.

I guess I don't want to be rich bad enough.
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Cookie Bag
11/26/17 10:39:28 PM
#39:


NOM posted...
It's too much trouble figuring out this crypto coin shit.

I guess I don't want to be rich bad enough.

People back then actually invested in bitcoins, the people now are just gambling at this point.
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FFVII_REMAKE
11/26/17 10:42:11 PM
#40:


wolverinev2 posted...
I'm kind interested in investing in this stuff. Though my main concern is that it seems too risky and not like something that will last that long.

In other news. Congratulations to him. Who would have thought that watching tons of porn would set him up for life?


With the way technology is advancing and the US dollar and paper bills dropping, cryptocurrency seems like a good investment to me. I'm sure in the future bitcoins will take over as digital currency while paper bills still exist but will have very little value.
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#41
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LethalAffinity
11/27/17 12:28:56 AM
#42:


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Naysaspace
11/27/17 12:29:09 AM
#43:


wolverinev2 posted...
SSJGrimReaper posted...
He's probably boning actual pornstars now instead of watching their vids


He actually did that, and said it was good but not great.

I'm wondering how this deal works out for him, when it comes to paying his taxes.

paying...taxes??

lmfao he's rich. all his shit is overseas by now
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Frostshock
11/27/17 12:34:21 AM
#44:


LethalAffinity posted...
How does the IRS account for crypto millionaires?


Standard capital gains, nothing special.
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Crazyman93
11/27/17 12:35:19 AM
#45:


_BlueMonk posted...
but but but

BUBBLE!!!!?!?!?

It is a bubble and everyone smart is either cashing out or about to cash out.
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wolverinev2
11/27/17 12:35:49 AM
#46:


Naysaspace posted...
wolverinev2 posted...
SSJGrimReaper posted...
He's probably boning actual pornstars now instead of watching their vids


He actually did that, and said it was good but not great.

I'm wondering how this deal works out for him, when it comes to paying his taxes.

paying...taxes??

lmfao he's rich. all his shit is overseas by now


Yeah, because avoiding his taxes worked out so well Wesley Snipes.
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EnragedSlith
11/27/17 12:37:07 AM
#47:


Happy for him. Investment is a risky game
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DocileOrangeCup
11/27/17 12:37:20 AM
#48:


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Trigg3rH4ppy
11/27/17 12:47:05 AM
#49:


Good for him. Glad to see he's had good luck. I wish I would have invested when I had the chance.
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cellus523
11/27/17 1:03:17 AM
#50:


That guy is living it good these days i gotta get in on this crypto crap.
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twitterfriends
11/27/17 1:09:48 AM
#51:


Real happy for that guy, such a good story.

Yeah I have a great job and don't need crypto but the extra money is real nice and in crypto there's ways to earn passive income too so it's working for you in the background.
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