[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 20 KB, 500x421, 362552331111.jpg [View same] [iqdb] [saucenao] [google]
54676944 No.54676944 [Reply] [Original]

whats your bitcoin story frens

>be me
>some time ago
>bitcoin at $23
>dont know shit about crypto
>"oh its just some dark web garbage"
>tfw

>> No.54676977

>>54676944
I guess you can take solace in the fact that you probably would have sold your stack too early, anyway. I don't think I remember knowing about BTC before 2018 or so.

>> No.54676989

>>54676977
I'm never fucking selling though. I wished i had been aware earlier

>> No.54677069

>>54676989
Yeah but most people who bought very early -- say at $23.00 -- sold when BTC hit $100.00 or $1,000.00 apiece. Not many people had the stomach to buy and hold without selling from 10 years ago.

>> No.54677130

>>54676944
>Be college student
>Bitcoin $12 USD
>Think feds will kill it, but that it has huge speculative opportunity
>Want to throw $100 at it
>Mt Gox requires a fucking utility bill to make an account
>No bills because college student
>My cunt mom would not give me a utility bill

>> No.54677139

Study the history of money. It's clear to me that bitcoin is the money of the digital age. There's no point in trading it for an inferior currency.

>> No.54677145

>>54677130
>Mt Gox
You would have lost it

>> No.54677149

>hear about Link on here when it was trading at $0.50
>Don't know too much about it but decide fuck it I'll transfer some money to this exchange and buy a couple of thousand
>exchanged I used didn't have Link at the time
>Think oh well I'll transfer that money somewhere else and buy another day
>Never ever followed up and heard it moon later down the track

>> No.54677162

>Tell friends and family crypto is the future. Not that everyone will make a killing on it, it's just the future of capitalism. People will carry three types of crypto at all times. Like say doge or bitcoin or etherium.

>The price of goods will vary based on agreements by institutions and market values. Say a loaf of bread costs 0.3 eth, or 0.1 doge, or 0.4 bitcoin. Rather than just 99cents of USD.

>People will have more bargaining power with their employer to decide wage types. Albeit what would seem smart today could be stupid tomorrow to be paid in.

>> No.54677210

>>54677139
>a coin that relies on a single chinese company producing the chips that mine it is the future of money

monero is the perfect money due to its asic resistance. bitcoin is a dead beast

>> No.54677227

>>54676944
I saw news about when it first launched. had no idea about the concept and just thought it was like a paypal competitor and it was literally a digital cash. saw litecoin come along and figured people were just creating digital dollars. 2017 came around and I started seeing the word Ethereum everywhere. Looked it up, saw bitcoin and the price. realized then Im a fucking idiot that will always be poor.

>> No.54677234

>>54677145
Even then I knew better than to keep coins on an exchange lol

>> No.54677243
File: 145 KB, 600x600, 🔺.jpg [View same] [iqdb] [saucenao] [google]
54677243

>>54676944
>be some retard
>AVAX at $18
>dont know shit about crypto
>"oh its just some Turk garbage nvm"
>tfw its not and its the "next" BTC/ETH

>> No.54677280

>>54676944
>be me
>high school
>see threads on /b/ with people posting their btc wallets for free coins
>find out it's just some currency people use on the dark web
>few years later buy weed off some guy in class
>told me he gets his shit off silk road and offers to teach me
>decline cuz his shit was mid

>> No.54677332

>>54676944
And now you buy shitcoins and FUD bitcoin to cope.

>> No.54677352

>>54676944
>buy shib
>very early
>sell for 700k
>buy link, ICP
>lose it all

>> No.54677355
File: 12 KB, 249x241, 1631339699464.jpg [View same] [iqdb] [saucenao] [google]
54677355

>>54676944
used to complain a lot about KYC and doxxing myself to multiple companies on /b/, then some faggotron told me to join /biz/ and start investing on CHEQD because that might solve my problem, now I have an addiction ._.

>> No.54677373

I was told to buy when it was being used for pizzas etc Decided I would get 500 worth. Didn't because I had a kid and needed the money. Oh well could have had millions.

>> No.54677398

>>54676944
I used to browse doge subreddit in 2015 but never invested I was just an autistic retard that thought it was funny…. I started actually investing in crypto 2019 and somehow I failed to make it by 2021 missing all the mega moonshots and making bad trades. Only managed like a 20x….

>> No.54677407

>>54676977
I made about 100k during the 2013 bull run that I cashed out. I left the remaining 127 BTC with MT GOX. Fuck!

>> No.54677454

>>54677352
I bought 8.6billion shib for 500 bucks scalped and lost a bunch. Fucked over the remainder on kraken leverage trading ether at like 70k from 10k funds. Checked my portfolio and at peak I would have had about 600k

>> No.54677505

>>54676944
>high school circa 2014
>guy I don't really know is talking about how he bought a mining rig for bitcoin and he's reading all about it
>reddit is for fags, I think to myself
>ignore him

>> No.54677529

>>54676944
>2013
>in college
>dormmate buys weed and other drugs on silk road using this thing called bitcoin
>shows me how to buy bitcoin at this place called mt gox
>december so bitcoin is mooning
>decide to hold
>peaks at $1000 and then crashes, but I continue to hold because what if it comes back?
>it doesn't matter, mt gox is kill

>> No.54677546

>>54677210
>monero
it's doomed to die, because people want transparency too; e.g. you can't run a government without it; how are you going to have a democracy if you don't know where the people's money is going?

I fell into that meme as well but back then I had misunderstood how evil extremist secrecy is.

>> No.54677562

Back in 2011 a guy I knew was talking about this internet money and how this will be worth a lot. He was a nerd and I didn't pay much attention. 2017 I heard about btc in the news and bought some. Could have been a millionaire if I did listen to that guy before.

>> No.54678987
File: 17 KB, 778x394, images - 2022-06-06T040142.891.jpg [View same] [iqdb] [saucenao] [google]
54678987

>>54677355
What issues does it address? It makes me think of MNI Corp, which likewise finds solutions to issues the crypto industry faces. A couple of things to take into account are liquidity and transparency. Consider learning more about it and you'll see kek.

>> No.54679012
File: 1.04 MB, 680x806, lelf_crawl.png [View same] [iqdb] [saucenao] [google]
54679012

>>54676944
That was my mistake. I'm not too broken up about it because easy come, easy go. It's all funny money in the end.

>> No.54679727

>>54677546
>this whole fucking post
haha
man I wish I was at home on my PC and not a fucking phone, exposing all the retardation you just said is too much hassle like this

>> No.54679783

>>54679727
laughing is not an argument. without transparency it's doomed to be a small niche.

people can never trust lending money for example.

>> No.54679793
File: 135 KB, 818x1080, D4BPvtnWAAAwU_N.jpg_large.jpg [View same] [iqdb] [saucenao] [google]
54679793

>2010~2012 /b/tard
>BTC spam fills the board
>"well if everyone's already into it, I must be too late"

>> No.54679817

>>54676944
fuck off fbi

>> No.54679876

>>54677243
your shilling almost worked....almost....

>> No.54679921

>>54676944
>be me
>2010 or 2011
>sitting at computer at work
>read news article about people buying drugs with internet token
>"the FBI can't stop it"
>instantly recognize value and potential
>instantly call over coworker and say "this could be huge"
>instantly search the internet for "how to buy Bitcoin with debit card"
>intends to but $8,000 worth
>0 results
>forget about it
>a few years later Bitcoin hits $1200.

>> No.54680112

>>54676944
I bought some. It wasn't enough to make it. It's a nice chunk of change though. But it keeps going down. The game is so rigged that I'm cursed to stay in six figure hell forever.

>> No.54680157

>>54677069
Tfw when I bought mine when it was under $50 and hodled to this day but I only bought 10.6 and have been stuck in 6 figure hell for years like a horrible friendzone simp.

>> No.54681558
File: 338 KB, 1234x748, aryan.jpg [View same] [iqdb] [saucenao] [google]
54681558

>>54676944
> be me
> 19 y/o (12 years ago)
> into building websites and pay to click sites
> come across this new thing called bitcoins on a pay to click site
> think its a scam, most things on there are scams.
> they were priced at a few cents when I first saw them
> to dumb and retarded to understand anything at that age. Didn't care about this scam
> few years later hear it went to $32 and then crashed
> another few years later hear that they crashed from $1200 to $200 or something (mtgox)
> still not paying attention.
> get redpilled on many things, finance suddenly follows.
> start buying into bitcoin late 2017, actually registered on an exchange in january 2017 when eth was still like $15 and bitcoin $500 but forgot about it because I was having sex with my gf
> finally buy in after summer somewhere at around $3k
> a bumpy ride but I manage to score a shitcoin moon.
> not doing to bad now have 3 houses in crypto
> lost a lot of potential profit because of shitcoins
> but I'm ok. I don't want to KMS.
> I will buy tickets for me and my girlfriend and children to the bitcoin citadel.
> I made it.
> I massively missed out but I still got in
> I made it.

>> No.54681629

oh my god you knew what bitcoin was when it wasnt even 24$ oh my god!!!! oh my goddd!!!!!1