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Updated: 16 hours 28 min ago

Bought 1k of BTC hoping this is just a dip

Wed, 03/14/2018 - 23:50

Xanax makes me make dumb purchases. But I don't think it will go much lower than this.

submitted by /u/Gabe-Utsecks
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Bitcoin will never cost zero.

Wed, 03/14/2018 - 22:54

Because I will buy all of it to become famous otherwise.

submitted by /u/Diesel301
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Remember amidst the FUD: There will NEVER be enough BTC for all of today's millionaires to own just ONE.

Wed, 03/14/2018 - 19:30

There will only ever be a maximum of 21 million bitcoins.


Total number of millionaires (in USD value) worldwide is around 33 million (source: https://www.cnbc.com/2016/11/22/12-million-new-millionaires-will-be-minted-over-the-next-five-years.html)

The math is simple: there simply isn't enough Bitcoin in the world for every one of today's millionaires to own even ONE SINGLE BITCOIN. Much less all the future Millionaires waiting to be born.

If you are able to acquire even one BTC today: Enjoy the feeling. You are an early adopter. And one of a select few.

submitted by /u/Kinolva
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Be patient

Wed, 03/14/2018 - 19:29

I bought this monster in 2014 with money I made mining bitcoin on a laptop gpu in 2012.

I turned the laptops earnings into a single gpu miner and then in a 36 gpu farm. After the 2014 crash I unloaded everything, except for 14.9 dark coins I forgot about in a paper wallet. They were worth 20 dollars when I put them there.

I found those coins in December and sold 2 days after the peak for 23k.

The lesson in all this was no matter how much trading or mining or optimizing or switching algos, I would have made more just buying and holding for only a couple years.

Newbs be patient, buy hold wait. 4 years seems like forever, but 4 years ago I sold 76 bitcoins to buy mining rigs. Fuck me.

submitted by /u/old_ring
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Fake Satoshi's lawyers tried to get A. Antonopoulos to verify their client is "real" and wanted Andreas to sign a NDA.

Wed, 03/14/2018 - 13:05

Andreas' reaction: "I'm not touching this with a ten foot pole".

Source: https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-359-all-satoshis-are-fake-satoshis
Starts at ~30:20

Basically, the title and Andreas' response is already the whole story. I just found it interesting that fake Satoshi tries to verify himself with help of lawyers. Why so complicated, when the real verification would have been so easy?

(The whole "Fake Satoshi" topic starts roughly in the middle of the podcast, btw)

submitted by /u/TheGreatMuffin
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