BITCOIN

98SVTContour98

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I thought they were once worth $20k each?

2011: I thought they were once worth $1 each? Yes but...
2012-2013: I thought they were once worth $30 each? Yes but...
2014: I thought they were once worth $200 each? Yes but...
2015-2017: I thought they were once worth $1000 each? Yes but...
2018-2020: I thought they were once worth $20k each? Yes but...

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black4vcobra

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bought bitcoin and litecoin when it exploded in late 17 and early 18. Been buying some here and there to lower my DCA.

Worried for a while it was a waste of $ but I am ahead on my investment and I'm confident it's not going away now and will trend upward in the future
 
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98SVTContour98

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bought bitcoin and litecoin when it exploded in late 17 and early 18. Been buying some here and there to lower my DCA.

Worried for a while it was a waste of $ but I am ahead on my investment and I'm confident it's not going away now and will trend upward in the future

Congrats! You played it right....you survived the brutal bear market...now you are about to reap an incredible bull market!
 

black4vcobra

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Congrats! You played it right....you survived the brutal bear market...now you are about to reap an incredible bull market!

Hope so! I didn't need the $ immediately, and my wife didn't know I dropped $7k on crypto, otherwise it could have been trouble!

Lots of crab walking the last few years on the charts, hoping for upward trends now.

Thought this would be the breakout almost 2 years ago but LTC wasn't even accepted as payment for the PPV!
Litecoin Foundation to Sponsor UFC Title Fight in Bid to Increase Crypto Adoption
 

98SVTContour98

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98SVTContour98

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no biggie...just another billionaire casually mentioning that he owns Bitcoin and that Bitcoin would likely out perform Gold

 

98SVTContour98

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Every time Bitcoin has closed above the previous monthly all-time high - a 700% to 1000% uptrend has followed

Dear History, please rhyme.

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quad

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Keep an eye on Ethereum. Back in 2017 the ratio was around 14-15 Ethereum for 1 Bitcoin. Right now Bitcoin is way ahead. But that could change again. Proof of stake is coming up. This will create an incentive for people to hold on to their Ethereum which could drive up the price. You need to stake a minimum of 32 ETH. I plan on doing this since I have a decent amount of ETH.

3 reasons why traders expect Ether price to rally above $500 in 2020
 

98SVTContour98

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Keep an eye on Ethereum. Back in 2017 the ratio was around 14-15 Ethereum for 1 Bitcoin. Right now Bitcoin is way ahead. But that could change again. Proof of stake is coming up. This will create an incentive for people to hold on to their Ethereum which could drive up the price. You need to stake a minimum of 32 ETH. I plan on doing this since I have a decent amount of ETH.

3 reasons why traders expect Ether price to rally above $500 in 2020

it's definitely a good idea to own ETH...I'm majority in Bitcoin but do hold many Alts as well on the off chance once of them survives and is relevant in the future...a lot of people see ETH going way past it's prior All Time High over the next 12-24 months.
 

quad

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it's definitely a good idea to own ETH...I'm majority in Bitcoin but do hold many Alts as well on the off chance once of them survives and is relevant in the future...a lot of people see ETH going way past it's prior All Time High over the next 12-24 months.
Yes I am still mining ETH also. We have not yet turned on the furnace. In fact on warmer days I still exhaust some of the heat generated out of the basement. I plan on seeing how far we can go through the winter before turning on the furnace. The mined ETH is paid directly into my Coinbase account. My payouts are less than a year ago because the difficulty increased but at least I am getting paid while heating the house.

The new Nvidia 3090 gets a whopping 122 mh/s and I think it uses around 350 watts. By contrast we can get around 248 mh/s with eight AMD RX580 8 GB cards at under 700 watts. So even though the 3090 is such a strong performer it does not offer a better electrical power / performance ratio. For comparison a Nvidia 1080 ti can get around 50-54 mh/s @ 160 watts. Also very comparable to a 3090 when you compare watts to mega-hash / second.
 
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BlckBox04

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Man accidentally threw away $127 million in bitcoin and officials won't allow a search

Man accidentally threw away a bitcoin fortune worth $108 million, says he's "pretty Zen"

When the price of bitcoin hit $10,000 on Wednesday, many in the cryptocurrency community celebrated the milestone. But for one man in Wales, bitcoin's boom has a taken on a very different significance.

James Howells, 32, made headlines in 2013 after it emerged he had accidentally thrown away a computer hard drive containing 7,500 bitcoins, worth around $4 million at the time. The hard drive now sits buried beneath trash in a landfill site near his home in Newport, Wales.

Following bitcoin's recent price surge, the contents of the IT specialist's missing hard drive are now worth $108 million at the time of writing, if other cryptocurrencies on the hard drive are also taken into account.

"I'm always aware of the bitcoin price," Howells told Newsweek. "I always knew this [the price rising] was going to happen.... In my opinion, bitcoin hasn't had its Facebook moment yet. Imagine the price when it does. That would make my hard drive worth $1 billion or more."

Howells first mined the bitcoins—a process of using computing power to confirm bitcoin transactions on bitcoin's public ledger, the blockchain, in order to generate new units of the currency—on a Dell laptop in February 2009. The following year, he disassembled the computer into parts and stored the hard drive in a drawer at his home. It remained there until 2013, when he mistakenly threw it into a general waste bin at his local landfill site.

More than four years of trash have since been dumped on top of the hard drive, meaning any salvage operation would be both costly and time-consuming. Despite making several requests to the local council, Howells has yet to be granted permission to look for the missing treasure.

"It's a case of convincing the local authorities and environmental agencies to permit me to search," Howells said. "As long as the price continues to rise, which due to the math involved I think it will, then my chances become greater and greater, because at some point the local council must give me a shot at searching because it will be valued so high."

It is estimated that around 2.78 million bitcoins have been lost since the cryptocurrency was created in 2009. At today's prices, that amounts to nearly $30 billion.

If Howells ever does retrieve the lost treasure, he says he would use the money to fund cryptocurrency start-ups, buy property and treat himself to a Lamborghini. He said he would offer the local council a "chunky reward" for their assistance in the search.

Howells is still active in the bitcoin space but these days focuses on an alternative cryptocurrency called Bitcoin Cash, which has experienced stratospheric price rises similar to bitcoin.

Despite casually misplacing a sum equivalent to the gross domestic product of a Pacific island nation, Howells said he remained "pretty Zen" about the whole matter. He said his greatest regret wasn't that he accidentally threw out the hard drive; it's that he stopped mining bitcoin in the cryptocurrency's early days—a decision forced upon him by his girlfriend at the time, who didn't like the whirring noise of the computers.

"I was one small decision away from walking out of my house with $10 billion in my back pocket—that's what I regret most, the fact I stopped mining when I knew how big this was going to be," Howells said.

"I have good days and bad days, but overall I'm good.... Anyway, no point crying about it."

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Poor bastard. And he cry’s himself to sleep, whos he kidding.
 

98SVTContour98

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Citi Group predicts Bitcoin will hit $318,000 by December 31, 2021

Not some no-name or quack investor....Freaking Citi Group!!!!
 

mysticsvt

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Guess I need to check my investments, I forgot about my coins when they start dipping. It was a curiosity investment more than anything.
 

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