Bitcoins

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PatrickM

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Oct 3, 2017
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Fort Collins, Colorado
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#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

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Jan 26, 2017
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Canton, NC
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#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
 
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Nov 5, 2016
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#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.