/biz/ - Business & Finance

>>12907769
>$50 for 2 pizzas
hopefully they were worth it

>>12907769
As far as I remeber that guy is worth 8 figures at the very least. Perhaps even 9 figures. I think he's fine.

>>12907779
Prove it

>>12907797
I'm almost 100% sure. Just do a google search if you care. I don't care enough to google it for you.

>>12907797
you think he would've thrown his entire stash away? come on now anon, common sense

>>12907769
this nigger is an og miner and those 10k btc were literally tiny meme stash for him. he has trump money.

>>12907769
>As if Laszlo Hanycek regrets anything

>>12907778
No one's gonna take imaginary unproven internet money for real world goods unless they're on some decent upside

Heard about Bitcoin at the first 'bubble' (8 cents) in 2010.

Never bothered with it. Could have made millions just mining alone for a few weeks. FML

>>12907809
Yeah just do a google search to prove that you're full of shit. Why would I waste my time you putz?

>>12907769
>i've written my name into history forever and speeded up bitcoin adoption for 1/10th of my bitcoin holdings
>regret

>>12907769
He pumped bitcoin. What's the problem? If everyone held like an idiot and never tried exchanging for goods, bitcoin would have never taken off.

>>12907769

>>12909128
those are sad-looking pizzas

>>12909128
>>12909128
man he tip the delivery boy with BTC? why those pizzas look abused

>>12908507
extremely based

>>12907779
He's relatively fine, but if he is 8 figures and he decided to cook at home that evening, he could be double his worth right now.
People have committed sudoku for less.

>>12909128
Those are big pizzas.

>>12907769
what a retarded thread
that guy was obviously loaded from the start and wanted to be the first guy to actually trade *some* of his insane stack.
did he lose 10% of his dozens of not hundreds of millions back then? oh no, let's have a "regret thread"
god knows what he is up to now. if he didn't sell everything in one of the first waves he might aswell own a fucking exchange for all we know

>>12908304
Are you literally retarded? It takes less time to google it than replying to my post. I did just google it but not going to share it because you're a massive faggot.

>>12907769
>Autumn 2010
>be me
>attend Occupy protest to see what the fuss was about
>get into a conversation with disheveled computer geek
>geek mentions bitcoinz and if I wanted to buy a 100 bucks worth
>tell him it’s sounded scammy
>declined his offer
>fast forward to 2015
>still didn’t buy
>fast forward to the great 2017 fomo mania
>still didn’t buy
>fast forward to today
>all in link

>>12909316
eh, i mined it in 2011 for one night (~1.4 BTC in like 12 hours) and didn't even bother to send it from the pool to a wallet because it was "just a few bucks"

if i had let it run i would have mined like 50 BTC/month for a while (difficulty jumped up really fast in 2011), but poorfag me feared getting an electricity bill of like 100$ and blowing his high-end brand new radeon

>early adopter of Bitcoin
>Willing to convince somebody on a forum to order and deliver a pizza for you
>First payment ever using magic internet money
If /biz/ doesn't think he had more that 50 bucks in Bitcoin at the time, you're fucking retarded. These threads are dumb and cope.

>>12907769
OP regrets that he's a newfag who can't be in Bitcoin history unlike laszlo the multibillionaire.

>>12909316
That's a long string of terrible financial decisions. Somehow buying link is probably still the worst on that list

>>12909316
daily reminder bro

>>12909432
But how many would have been able to hold for 7 years without selling for any other amount that would have made you a millionaire?

>>12909615
who would be able to hold $100 worth of internet funny coins for 7 years and not forget wallet keys or lose it one way or another

>>12909632
Indeed, it's why we don't have a thousand geeky millionaires walking around. I myself mined a block in 2010 but lost the wallet file. Toy money back in those days.

>>12909659
>the face of a man contemplating suicide and on the verge of crying.

I sort of regret not buying earlier
My excuse is that everyone who told me about it didn't know how to explain it properly

When my friend who majored in CS told me it was a distributed ledger and explained PoW I went all in almost immediately
No regrets since

>>12909659
>>12909615
not you tho
your flat line is on permanent capitulation just like BCH
the only increases it gets are from BTC pumps
and those only serve to capitulate more
soon Bitmain won't have any more of cash's bullshit
will dump everything they still have

there is a reason why Szabo almost named bitcoin 'bit gold'
there is a reason why he constantly criticizes big blocks on his twitter

>>12909707
more like the billionaire blinded by the sun on his yacht

>>12910026
People that think Szabo is anywhere near being Satoshi are the most gullible of them all, especially if the guy criticizes big blocks on twitter.
And don't worry, I've still sold enough BTC to be comfortable.

>>12907809

The arrogance of the people on this board astounds me sometimes.

>>12907797
"fucking prove it dood!"

You are a fucking idiot. I hope you know that. And you will surely lose all your money.

>>12907769
Then

Bitcoin: BC

Now

Bitcoin: BSV

>>12907769
Built my own high-end overclocked gaming PC in summer of 2010.
At first I considered stress testing the OC by mining BTC, but in the end just decided to run Prime95.
I'm posting this from that same computer.
mfw

If there was a time machine... I would load my bags like a mofo

Knew about bitcoin when it was sub 5 dollars. I was busy with keeping my family together due to my mom leaving us and having to care for my brothers and sisters. Was a shitty time and made me grow some resentment for everyone. Hopefully I don't miss it this time.

>>12909128
Some John podesta tier shit right here wew

>>12909707
He lives In Your head rent free faggot

First time I heard about BTC was in 2009...when I was 12...couldn't even be arsed to set the miner up, I knew this would have no adoption and I was right, but I sure was wrong about the future price action

>>12909128

>>12909316
Imagine getting even stupider over time

I wanted to buy bitcoin when it was around 20 dollars a coin. Me and my brother had saved up around 700 dollars from working our after school /summer jobs. We needed a credit card but my mom was too paranoid to use her credit card online in those days and wouldnt let us.

desu though we were dumb kids and probably would have lost the key or got gox'd

>>12909128
ew
kill all pedophiles

>>12907769

>>12911519

>>12911528
Has anyone ever been more wrong? Ouch

>>12911528
This is basically biz today. Nothing had changed since then kek

>>12909632
>>12909615
>>12909342
>>12909412
I know I would have either blown the money early on, or lost it on Gox and/or lost the keys to muh wallet etc and blamed it on fate or some stupid shit like that.

Instead i’ve been observing the space for 9 years, learning from others mistakes and successes whilst teaching myself to effectively trade forex markets in the meantime.

So aside from muh humble stacks of Link and some other interesting projects not withstanding, I don’t hodle crypto as Im making way more gains (1%-5% compound a day in a bear market) than I ever would have trying to hodle as an inexperienced brainlet 20year old hoping his bags will appreciate.

Bottom line: though theres lots of money still to be made for competent traders, and to the contrary of what BTC maximalists desperately insist, the future of distributed ledgers isn’t in muh “one coin to rule them all”, it’s in legacy institutions integrating smart contract and cloud computing protocols into their existent services. Which is why I’m still not all in BTC aside from swing trading it on occasion like the proper shit coin it is.

If the guy from OPs pic held his bitcoin till it hit 19k.
Would he even have been able to cash it out?
Do exchanges allow that kind of massive transaction?
Even if they allowed it, would they have enough money to do it?

>>12911316
>Imagine not knowing how to swing trade.
>imagine learning how to trade instead of how to hodle like a desperate moonboy

>>12911528

This is literally the type of post you see in every decent crypto project thread, to this day.

>>12911803
OTC

>>12911803
That's a good question. Unless you have otc buyers willing to give you cash, the best next bet are events like 2017 where whales can dump on normies. This is why I know another bullrun is inevitable, too many large bag holders. Us little fish might profit if we stick on the underside of the whale's belly and take whatever scraps we can.

>>12908137

I was big on bitcoin in 2010, then got disillusioned a year later. I don't regret buying more in 2011/2012 because I honestly don't think I would have survived the 2013 crash.

I mean imagine you have 1000 bitcoins, sure thats worth 20 million now, but would you have survived losing 1 million USD when it crashed from 1k to 200 dollars? Or if you'd lost them on mt gox? It makes much more sense imo to regret not buying ethereum for 30 cents, it went up much faster and you could have made a lot more money much more quickly. Plus exchanges were better by 2016.

>>12911528
That's why my NKN is being held until $10 minimum

>>12907779
Found no articles about his networth or how much money he made from Bitcoin.

I sold btc private when it was z classic 3 days prior to the pump to $200

Shit load of lost btc out of supply forever

Sold BTC at $20000 instead of $1000000.

>>12913331
I love these posts. Prime example for why fundamental analysis (in isolation) doesn't work. A true /biz/raeli knows that if the market is irrational, you ride it to the top, and when you sense that the market is finally realizing what you knew all along (peak 2017), you short it to the bottom.

May this be a reminder: fundamental analysis DOES NOT WORK FOR TRADING.

>>12913340

didn't sell in january, kept hopping from coins that haven't crashed yet thinking that they were better than the ones that crashed catching crash after crash, literally nano - neo - ven - eth, all bought all in and all crashed afterwards, overall more than 99% down

>>12907769
>regret

>>12911800
checked

>>12908137
maybe. I can tell you that I would have gotten lazy and greedy put them on mtgox and lost everything.

>>12911528
Perfect example of why I’ll only start unloading my link at 10k a coin

>>12909128
>I love pizza

What ever happened to dogecoin

>>12913331
Just like the paid LTO fud nowdays