1. #3781
    JoeCool20
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    Quote Originally Posted by DwightShrute View Post
    yes for sure.

    sold it and keeping 1.5 bitcoin to see what happens.

    So far, turned about $7,800 into about $167K

    wow that is incredible. Congrats.

  2. #3782
    DwightShrute
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    Quote Originally Posted by ace7550 View Post
    Did you buy in 2017? I bought Summer of 2017. Couple buddies did too. Good times
    ya the company I was working for offered to pay me in BTC if I wanted. I agreed for a few paychecks and loaned some BTC to the my new company with the agreement they would pay me back double. It was 8K then.

  3. #3783
    DwightShrute
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    Quote Originally Posted by JoeCool20 View Post
    wow that is incredible. Congrats.
    Thanks man. Its nice to be lucky sometimes.

  4. #3784
    ace7550
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    Quote Originally Posted by DwightShrute View Post
    ya the company I was working for offered to pay me in BTC if I wanted. I agreed for a few paychecks and loaned some BTC to the my new company with the agreement they would pay me back double. It was 8K then.
    That's crazy, what company was willing to pay in BTC back then?

  5. #3785
    ChuckyTheGoat
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    Quote Originally Posted by ace7550 View Post
    That's crazy, what company was willing to pay in BTC back then?
    Dwight Shrute, aka Russell Okung!

  6. #3786
    DwightShrute
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    Quote Originally Posted by ace7550 View Post
    That's crazy, what company was willing to pay in BTC back then?
    offshore sportsbook

    either that or cash

  7. #3787
    DwightShrute
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    Quote Originally Posted by ChuckyTheGoat View Post
    Dwight Shrute, aka Russell Okung!
    19 years ago I bought 1000 shares in infowave @ 50 cents on the Vancouver stock exchange with Canacord. It opened at $1 and a couple years later I sold it at $4.40. Six weeks later, Bell Canada bought the company and it ballooned to $92 per share in a couple weeks. A few months later it was 2 cents a share. I am still kicking myself but this makes up for it somewhat.


  8. #3788
    ace7550
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    Quote Originally Posted by DwightShrute View Post
    19 years ago I bought 1000 shares in infowave @ 50 cents on the Vancouver stock exchange with Canacord. It opened at $1 and a couple years later I sold it at $4.40. Six weeks later, Bell Canada bought the company and it ballooned to $92 per share in a couple weeks. A few months later it was 2 cents a share. I am still kicking myself but this makes up for it somewhat.

    We all have these types of stories. No one can tell the future. Just focus on your wins and forget your losses. Best you can do.
    Sounds like BTC made up for it and then some.

  9. #3789
    DwightShrute
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    Quote Originally Posted by ace7550 View Post
    We all have these types of stories. No one can tell the future. Just focus on your wins and forget your losses. Best you can do.
    Sounds like BTC made up for it and then some.

  10. #3790
    ChuckyTheGoat
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    Quote Originally Posted by ace7550 View Post
    We all have these types of stories. No one can tell the future. Just focus on your wins and forget your losses. Best you can do.
    Sounds like BTC made up for it and then some.
    This is SBR. Everyone knows the answers after the games go final.

    Very true, tho. You try to get it in good and hope for the best. That's it.
    Points Awarded:

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  11. #3791
    Checkerboard
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    Hopefully Bitcoin breaks 41, instead of going back below 40.


  12. #3792
    stake1
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    Been a fun past couple days that is for sure

  13. #3793
    pimike
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    Quote Originally Posted by Checkerboard View Post
    Hopefully Bitcoin breaks 41, instead of going back below 40.

    Going down a tad

  14. #3794
    MickeyMan
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    Quote Originally Posted by DwightShrute View Post
    yes for sure.

    sold it and keeping 1.5 bitcoin to see what happens.

    So far, turned about $7,800 into about $167K
    Congrats, love hearing stories like this.

    Also glad you didn’t sell it all haha

  15. #3795
    JIBBBY
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    Well, what is trending with Bitcoin is it hovered around 37,000 for week then spiked. Now it's kinda holding steady now at 40,000.. Give it time be patient fellas. It's on the up trend. Baby steps..

    I think it will get to 50,000 in time again, no problem.

  16. #3796
    ace7550
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    This may be useless info for some but I thought I'd share it cuz I think it's interesting.
    https://btc.com/stats/diff
    This shows the history of the hashrate for the BTC network. The hashrate is how much processing power is being given to the BTC network.
    I find it interesting that the hashrate has gone down significantly over the last month and is projected to go down another 5.62% at the end of June. On June 28th/29th the hashrate for the BTC network will be the lowest its been this year.

  17. #3797
    pimike
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    Quote Originally Posted by JIBBBY View Post
    Well, what is trending with Bitcoin is it hovered around 37,000 for week then spiked. Now it's kinda holding steady now at 40,000.. Give it time be patient fellas. It's on the up trend. Baby steps..

    I think it will get to 50,000 in time again, no problem.
    Boy have you changed your attitude here. Lol

  18. #3798
    bigtymer56
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    Quote Originally Posted by pimike View Post
    Boy have you changed your attitude here. Lol
    Sentiment sure does change fast in crypto. This number was at 13 a week ago. Not seeing a calls to drop below 30k at the moment. Being cautiously optimistic we don't have another 25+% drop in then near future.

  19. #3799
    biggie12
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    Quote Originally Posted by bigtymer56 View Post
    Sentiment sure does change fast in crypto. This number was at 13 a week ago. Not seeing a calls to drop below 30k at the moment. Being cautiously optimistic we don't have another 25+% drop in then near future.
    I missed my entry I thought it would come to 28k

  20. #3800
    Checkerboard
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    Quote Originally Posted by biggie12 View Post
    I missed my entry I thought it would come to 28k
    So did I biggie.

  21. #3801
    EmpireMaker
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    What is the best wallet to use, or what are the 2 or 3 best wallets ? Thanks

  22. #3802
    ace7550
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    Quote Originally Posted by EmpireMaker View Post
    What is the best wallet to use, or what are the 2 or 3 best wallets ? Thanks
    If you're talking about exchanges I like Kraken and Bittrex

  23. #3803
    JIBBBY
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    Quote Originally Posted by pimike View Post
    Boy have you changed your attitude here. Lol
    Cause I have real money invested in bittty right now.

    I will pull out all my funds when it hits 50,000 and my attitude will change again as I will root for Bitcoin to tank again. ..

  24. #3804
    JoeCool20
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    Don't know whether it is good or bad, but I'm in again. ETH @ 2661.61

  25. #3805
    JoeCool20
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    Quote Originally Posted by JoeCool20 View Post
    Don't know whether it is good or bad, but I'm in again. ETH @ 2661.61
    Just editing to say that I realize I posted 2661 but I really bought it at 2561 yesterday, but Damn I'm already down about 8% in 12 hours since I made the post about buying ETH. sorry guys I got buzzard luck when it comes to this crypto stuff.
    Last edited by JoeCool20; 06-16-21 at 11:07 AM.

  26. #3806
    Arky
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    Quote Originally Posted by JoeCool20 View Post
    Just editing to say that I realize I posted 2661 but I really bought it at 2561 yesterday, but Damn I'm already down about 8% in 12 hours since I made the post about buying ETH. sorry guys I got buzzard luck when it comes to this crypto stuff.
    Gotta give it or month or two. There should be better days ahead.

    "Time in the market is better than timing the market".
    Points Awarded:

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  27. #3807
    JoeCool20
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    Quote Originally Posted by Arky View Post
    Gotta give it or month or two. There should be better days ahead.

    "Time in the market is better than timing the market".
    Thanks man. Having something go down in price right after a buy is just part of the process.

    Like I tell people about buying stocks, EVERYBODY that buys a stock is going to be losing at some point!
    Unless they got lucky and picked the dead ass bottom price and it only went up from the time they bought it!

  28. #3808
    navyblue81
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    Quote Originally Posted by JoeCool20 View Post
    Thanks man. Having something go down in price right after a buy is just part of the process.

    Like I tell people about buying stocks, EVERYBODY that buys a stock is going to be losing at some point!
    Unless they got lucky and picked the dead ass bottom price and it only went up from the time they bought it!
    If you believe in crypto, there’s some good stocks you can get into as well that goes the way crypto goes. Mara and Riot should explode once Btc does. They hit 60-80 dollars a couple months ago and are now hovering around 30. Good bargain buys. And SOS at only $3.80 is a bargain and should fly once Btc cranks up again.

  29. #3809
    JIBBBY
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    Funny, when ever the DOW tanks you can expect Bitcoin and crypto to plummet as well. It's like they are all connected which they shouldn't be.

  30. #3810
    JoeCool20
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    Quote Originally Posted by navyblue81 View Post
    If you believe in crypto, there’s some good stocks you can get into as well that goes the way crypto goes. Mara and Riot should explode once Btc does. They hit 60-80 dollars a couple months ago and are now hovering around 30. Good bargain buys. And SOS at only $3.80 is a bargain and should fly once Btc cranks up again.
    If there were any stocks tied to ETH then I'd invest in those right now and sit and wait.
    But BT-C stocks with BT-C near $40 grand is not something that I'm going to buy.


    https://www.cnbc.com/2021/06/17/ethe...knows-why.html

  31. #3811
    Eddy Munny
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    Quote Originally Posted by JoeCool20 View Post
    Don't know whether it is good or bad, but I'm in again. ETH @ 2661.61
    Did you jinx Ethereum, you dirty dog?

  32. #3812
    DISTROYA
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    this thing just cant clear 40 and start going back up....these damn drop downs back to 37s driving me nuts

  33. #3813
    JoeCool20
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    Quote Originally Posted by Eddy Munny View Post
    Did you jinx Ethereum, you dirty dog?
    Hell yes. Now it is the old "Wait a few months."

  34. #3814
    MrSink
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    I think we got very interesting event right before us , the death cross. It is point in time when two averages cross and that formation in the past was a great bear signal .

    I think institutions can play this thing out as self fulfilling prophecy . It is all about great timing and creating as much FUD in the right time as last time . All this nonsense as china banning crypto , banning mining , bitcoin not green , musk is offended etc if launched in a right time can bring bitcoin down to 30k again .

    Honestly , I hope it would not happen . The other scenario is that unexpierienced investors are expecting correction . Smart money can play standard revearsal and we can see huge gains . This would be the most convienient scenario .

    In case of big drop , I am loading big on 30's range

    Curious about your thoughts

  35. #3815
    ChuckyTheGoat
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    Sink, what is the word on the street re: BIG buyers? Either deep-pocket individuals or institutions.

    Within BTC, the conversation has to start w/ the Max 21Mill coins. Then work backwards:
    *# not yet mined
    *# lost. Most people think this is larger than the avg guy would think.
    *# in hands of whales who aren't selling
    *# in cold-storage and not moving

    Any realistic estimate means there just aren't that many left/available. I think there's a time in the near future where BTC price will just look like a straight-line trend, similar to a fixed interest rate.

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