How Many Bitcoins Do You Own...?
- Thread starter What Would Jesus Do?
- Start date
I hate even hearing about Bitcoin. I was in Folley Beach near Charleston, SC in June. I was drinking with two thirty something traders from NYC. In jest I asked for a hot tip. The big money man said I have one word for you "bitcoin". He explained what it was and got up to get a drink, I asked the other if he was legit. He told me he rarely misses, and while laughing he said he really thinks this is his big one. Totally blew them off, we were all drunk. Sick everyday about it. SICK!!!
csb
csb
I know how you feel. I bought Amazon under $5. Sold it when it hit $12. Thought I was smart.
I got in but pretty recently. Dont own much bitcoin but more of the altcoins. Wish I would have bought more during the recent drop but didnt have any free coin to trade
Two months ago I got into an Uber and the driver's first words were, "So, are you guys investing in bitcoin?" We said no, then got lecture the rest of the ride of how crazy we are. I decided then, I was going to spite myself and do everything I could to avoid bitcoin for the rest of my life.
I buy LTC on coinbase then transfer that over to Binance. Sell it there to have money in my account. I use LTC because of the cheap transfer fees.
I have $1k invested in Bitcoin and three other related crypto currencies. I'm going to wait a year and see what happens.
Your avatar makes me wonder why religions aren't getting into this racket.
If you think "In God We Trust" is a great motto, wait until you see Pope Frank's VatCoins: "Backed by God."
Funny you mentioned Amazon. I asked him what his hot tip was, Amazon? I told him I missed that boat.
I bought 100 of them in their very early days. I almost forgot about them… Are they worth anything now?
Ha.
The glass half empty is that you are around three quarters of a million dollars poorer recently.
The glass half full is that you are still rich.
Taken about 15 credit hours of business and econ classes and still can't wrap my head around it's value. It's not a commodity and it is not backed by a government. So far it seems that internet nerds have faith in it, thus establishing an economy. However in the end it seems like once a major government like UK, US, or China outlaw it's use then the market crashes. I also can't believe that a hacker can't just figure out how to make more bit coin and flood the market.
I know I’m rich, but do the bitcoins add much to that?
