Bitcoins

McHoffa

EV.network
Joined
Jan 26, 2017
Messages
225
Location
Canton, NC
Tesla Owner
Model 3
Country
Country
#1
I voted "NO" as I was late getting to the party, placed my reservation February 2017. Had wanted one since I had first seen the S in 2012 but financially that could never happen unless I win the Lottery.
or unless you would have gotten a measly $200 worth of bitcoin back then (kicking myself)
 

PatrickM

Active Member
Joined
Oct 3, 2017
Messages
159
Location
Fort Collins, Colorado
Tesla Owner
Model 3
Country
Country
#2
or unless you would have gotten a measly $200 worth of bitcoin back then (kicking myself)
I mined bitcoins for several years back in 2011-2012 or so and sold them more or less immediately. When I look back at my wallet and look at all the ones I sold - as I recall for around $10-20 or so, it's all a bit depressing. But almost as bad, I remember selling mining and selling literally hundreds of litecoins for something like $0.15-20/each (they are approaching $100/each now. :| ) In hindsight, I was stupid. But at the time, it was like $100/month of "free" money and I'd have never guessed it was ever going to be worth all that much.
 
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McHoffa

EV.network
Joined
Jan 26, 2017
Messages
225
Location
Canton, NC
Tesla Owner
Model 3
Country
Country
#3
I mined bitcoins for several years back in 2011-2012 or so and sold them more or less immediately. When I look back at my wallet and look at all the ones I sold - as I recall for around $10-20 or so, it's all a bit depressing. But almost as bad, I remember selling mining and selling literally hundreds of litecoins for something like $0.15-20/each (they are approaching $100/each now. :| ) In hindsight, I was stupid. But at the time, it was like $100/month of "free" money and I'd have never guessed it was ever going to be worth all that much.
I thought it was pointless... then a couple years later bitcoin was $400 (had just dropped from $700) and I thought, yeah, it hit a bubble and burst and now it's not going to go anywhere.

If I'd put my $1000 Model 3 reservation into Ethereum in April 2016 I'd have $47k now
 
Joined
Nov 5, 2016
Messages
913
Location
Jersey
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Country
#4
Bought a few bitcoin in light of a possible global financial meltdown within the next year. If the dollar loses its value then maybe smart money would have already been invested in Bitcoin. SHTF diversification strategy.