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Old 05-21-2020, 12:51 AM   #36551
CabreraEra2
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Re: Bitcoins - digital currency

Quote:
Originally Posted by Dak9885 View Post
sold all my bitcoins

gla who still got the bitcoin fever. be careful.

(i got the sickest feeling a crash is starting, lack of liquidity in the exchanges)
RIP
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Old 05-21-2020, 01:06 AM   #36552
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Re: Bitcoins - digital currency

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Originally Posted by sethseth View Post
This one time when bitcoin was .30c, I sat around wasting weeks trying to figure out how to get a "good deal" and get it for .25c instead of just buying it.
lol good times.
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Old 05-21-2020, 01:43 AM   #36553
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Re: Bitcoins - digital currency

Join Date: Sep 2007
BTC hodled at sub $1 prices: 0


This whole thread is 90% people unable/unwilling to accept/grasp the concept that everyone can't get rich off each other by doing nothing. Buying into BTC is guaranteed loss for the group, based on the system structure. Trading is a reflection of this as it is simply an iterative front run game, and the only way to 'win' anything.

What would really be interesting is an analysis of who has cashed out the highest gains so far. Those early prices were only bought by a few (they only could have been) and those coins still have a limited ability to cash out. Where are all the people that got rich aside from the Vitalik, Charlie Lee types who just made their own coins. Satoshi recommended holding a few (this meant 10k or so) coins in case some day they become valuable, where are the people who did this?

100 coins is 1m now. With a cost basis of less than 3k (up to the first bubble prices) that anyone could pull together to put in, where does this person rank now cashing out? 1 in 10k, 100k, 1m?

Last edited by case3; 05-21-2020 at 02:07 AM.
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Old 05-21-2020, 03:02 PM   #36554
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Re: Bitcoins - digital currency

Would be interesting to hear from AWise now.
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Old 05-21-2020, 03:05 PM   #36555
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Re: Bitcoins - digital currency

Coins from Feb. 2009 moved back in Aug. 2017 as well. Most likely just an early miner taking a little profit (OH THE HORROR!) or an heir of Hal Finney.

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Old 05-22-2020, 07:35 AM   #36556
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Re: Bitcoins - digital currency

Happy Pizza Day. Everyone should have a pizza tonight.

https://cointelegraph.com/news/bitco...crypto-for-him
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Old 05-22-2020, 07:11 PM   #36557
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Re: Bitcoins - digital currency

bitcoin doesnt need to scale
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Old 05-23-2020, 07:24 PM   #36558
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Re: Bitcoins - digital currency

Quote:
Originally Posted by aggo View Post
bitcoin doesnt need to scale
Of course it DOES NOT, but its that inability that will keep it from being the enterprise scale entity. It will always have value and worth but it won't be used exclusively as digital currency... it's more of a digital store of value.

Bc has already forked a couple times in an effort to keep up with the changing landscape, but its not going to work, there are MUCH BETTER units out there running on MUCH BETTER netwroks.
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Old Yesterday, 02:21 PM   #36559
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Re: Bitcoins - digital currency

Ponzi wave go down
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