No.320817
>>310743similar problem
i bought random kitchen utensils for my mum
could have bought 10000 BTC before the Lazlo's story
context: stumbled upon Bitcoin in March 2010. I even had a laugh how close the date is to 24 March 2010, the day when the events of "Uplink" videogame start.
No.320820
Hey, I am a 26 year-old Wizzie and am extremely interested in your investing experience and consequential advice. Is there anyway you could share your current thoughts on the crypto market and the currencies likely to increase in value substantially?
No.320822
>>320820Every single altcoin is a shitcoin that purely benefits whoever launched it.
Bitcoin is the only viable long term coin and always will be. Thanks to money launderers and drug trafficker, it will have eternal demand until the universe dies off.
The price slowly creeps up because the mining difficulty rises each year but people moving and hiding large amounts of illicit funds aren't going anywhere, they buy it no matter the price because it's the only digital anonymous cash not even the NSA can touch if you don't keep a physical wallet key.
Not an idyllic story or one you wanted to hear, but it's the ugly reality.
No.320830
Put a small sum in crypto during pandemic. Lost my money. Ignored it due to emotional pain then came back today to see that my XRP has 8x. I really don't know how this shit works. I am really happy now but I shouldn't get attached or greedy.
No.320831
I also put money in crypto, I was just turning 19yo, just put all my savings (US$300) in memecoins. Maybe for some people that's just lunch money because they earn 10x more in a month but for me that was a huge amount living in a third world country and having no job.
I made my $300 investment turn into 20k grand I got so euphoric never see that much money in my life that was life changing money for me and just fucking lost it because I dont fucking sell at least I was able to recover and do some more trades and get 3k but it's not enough 1 year has passed and I still stayed broke just sitting all day I lost it all because my greed and I lost the money that was able to change me forever
No.320838
Man, really not listen to the initial grift about shitcoins was a missed oportunity, now scamcoin(bitcoin) is highly valuable speculative shitcoin, you can win a lots of money selling this shit to another fool that want to grfit too, it's a big grift trying to grift another grift economy, classic pyramid scheme, but whatever the early scammer really got their money.
No.320840
>>320838Thing is, every early adopter according to blockchain.info already sold years and years ago. So nobody made off with billions.
There is of course the original Satoshi wallet with an untouched 1 million BTC in it, but it's pretty clear by now the owner is dead or lost access to the wallet since it hasn't seen a single transaction in 15 years (and is already worth half of Elon Musks net worth or 100 billion dollars if slowly offloaded to the market).
No.320844
>>320840How the fuck the dude would sell 1 million shitcoins without raising alarms?
No.320846
>>320844I bet there really is no reason for the owner to even want that moeny anyway. If he was the creator then he probably had a ton of other wallets too that he profited off of if he is still alive.
No.320848
>>320846That's the correct answer. If you read all the technical analysis articles on the original million or so genesis coins on Bitcoin, the guy split them into thousands upon thousands of wallets.
But the weird thing is not a single one has been moved on the blockchain or cashed out - ever. Even if he would be a billionaire and the 4/5th wealthiest person on the planet.
Which supports the idea Satoshi Nakamoto or whoever mined the first coins and used that pseudonym, died in one way or another years ago.
No.320850
>>320848Maybe he just got rid of the keys and cant cash out even if he wanted to.
No.320851
>>320848There's any evidence of Satosho being a real person?
No.320852
>>320851Satoshi killed my mother. And raped my father
No.320853
>>320852Just take the meds, schizo
No.320855
>>320854>>320851No. Iirc, there is some consensus it's a fake nickname and not an actual living person.
They stalked someone in the US who happened to have that name and he had to get a protective detail and name change due to all sorts of threats.
https://www.investopedia.com/tech/three-people-who-were-supposedly-bitcoin-founder-satoshi-nakamoto/ No.320858
>>320855But is this "Satoshi" really smart at least? He really invented the shitcoins?
No.320873
Good, OP was one of first to get into the shitcoin pyramid scheme and got rich.
No.321144
>>320873This.
Based and py…dpilled XD
No.321162
>>320858He is by far one of the most intelligent humans to ever live.
The blockchain technology he implemented is bulletproof, peer-reviewed by Ivy league universities and also used by thousands of entities today including banks.
He allowed anyone to copy it through free open source code.
Few people understand he has shaped the world about as much as Albert Einstein and there isn't even a shred of evidence if he's still alive or what his real name is.
And if he is alive (which is a big if) he is one of the wealthiest people to walk the planet.
Even Nasdaq itself has acknowledged that.
https://www.nasdaq.com/articles/how-much-bitcoin-does-satoshi-nakamoto-own-number-will-blow-your-mind No.321185
>>321162Give me a some rough IQ estimatives.
No.321195
>>321185140-150, or significantly above Mensa range. The odds that someone else randomly came up with blockchains and cryptos within the next hundred years is close to 0.
No.321210
>>310626in a hindsight, the 2017 was full of AAOOAAOOAAAOO GET RICH QUICK cryptobros so OPs voice, well… sunk!
No.321211
>>310626anyone
else
love
to use the
popular web forum
reddit dot com?
No.321212
>>321211why the fuck does reddit eat single newlines? it's fucking weird.
No.321217
>>321211That's just standard Markdown, a writing syntax popular among geeks for many purposes. I guess it was the default and only editor before the masses flocked to it without any technical background.
No.321220
>>321217Cont. This meme might have made sense 10-20 years ago when markdown was in its infancy and relatively unknown, and rich text formatting was not available or the default on Reddit. Anyway it's outdated now.
No.321226
>>321211Hot take: Reddit is actually kind of a good place, only stupid ass imageboard user that like to troll and shitpost hate reddit because they would be permaban, and that's a good things,m
No.321233
>>321226It depends on the sub. There are very good subs about niche things, and everyone there is acting nice. On the other hand, the most populated subs of course are unreadable.
It's so big of a site that it's stupid to judge it as a single entity.
No.321239
>>321233Yes, I agree, the biggest popular subreddit a usually shitty, but niche one are usually good with quality content, the ratio of good information for post is good, different from a imagemboard like 4chin where the ratio is low where the avarage reply is low quality to inflammatory trollish, after passing into my 30s I lost the will to waste time in big imageboard like 4chan because of the low ratio of post/quality, reddit unironically is far better.
No.321240
Crazy that it have been 15 years and still nobody is actually using crypto except criminals. Really good for ransomware and what not. But going to the store to buy some milk? No. Send some to my uncle? No.
Some countries have it banned, some countries have a soft ban where banks will block buying and selling. Complicated tax laws and what not. 100% based on USD, a currency I dont want to deal with. You are not buying something for X BTC, no it is X on whatever it is worth in USD then convert to BTC. I thought it was suppose to be "free" as in freedom from fiat.
If you really want to "invest" in crypot, just buy certificate and you dont have to deal with all the meme surrounding it.
No.321241
>>321240Whatever was the initial intention and hopes of the creator of Bitcoin, clearly bitcoin and other shitcoins in general just became a pyramid scheme for grifter trying to fool idiots and other grifters, it all just one big scam, it's better to invest into something more real tied to economy like ETF of some stock exanchge instead of wasting time on a digital pyramid scheme, it's the same shitty people grifting on day trader and other get rich quick schemes.
No.321242
>>321226>only stupid ass imageboard user that like to troll and shitpost hate reddit because they would be permabanI've spent more hours on reddit than you have fag
No.321243
>>321242>nothing to add to the conversation just inflammatory reply[-]
No.321280
>>321243this
>>321241[-]
*hides thread*
No.321281
>>310637except, some could have taken a x100 leverage and get wiped over a minor price fluctuation.
so, no.
good advice, but degen-style leverages are a killer
No.321288
>>321286
Das rite normoboy. We don't want your kind around here.
No.321289
>>321240The fact it's still the only viable payment method for cocaine and other expensive drugs means it will have infinite demand for an infinite amount of time.
It's essentially paper money in computer form. Used correctly it's 100% untraceable to any single person.
No.321290
>>321289>The fact it's still the only viable payment method for cocaine and other expensive drugs means it will have infinite demand for an infinite amount of time.Until we take the drug dealers out in to the street and melt their faces off with a blowtorch
No.321302
>>321280> [-]looks like thuccubuth puththy
No.321321
Early adopters of shitcoins and scamcoins got rich from being the first to get into the pyramid schemes, not a new thing, just pure luck, not shitcoins and scamcoins are just that shitcoins and scams.
No.321355
>>321290I'm good with that. I don't mind if non-junkies get high occasionally from a libertarian standpoint, but the rest of the daily users and dealers need the blowtorch.
No.321373
>>320844he prolly sold his *whole* walled and the new guy made a new password
No.321470
>>321373maybe, the buyer of the account went RIP at the nearest cryptomarket crash, also
No.322243
>>320840there is a chance Satoshi is a very aloof kid of person, as in shizotypical/autist
(or a proper schizophrenic sitting in looney bin full of zombie syringes)
or afraid to use his strategical buttcoin reserve
or sold his wallet in one piece to some person who was later KIA
No.322244
>>322243Yeah, no. We're talking Elon Musk levels of money here. If Satoshi or whoever has control of his wallet is still alive, they would do something with it.
Countries have started wars for sums smaller than the Satoshi wallets. The money is probably gone because the owner died and nobody has the wallet key.
No.322246
>>322244>If Satoshi or whoever has control of his wallet is still alive, they would do something with it.It's Crypto, not real money. What can they even do with it? Buy shrooms and child porn off of onion sites? The money was gone the instant it got converted in to crypto.
No.322247
>>310637I know this is an old thread I'm responding to but I just wanted to say it's hard to tell genuine analysis from bullshit and most of the get rich crypto stuff ends up wasting people's money, there are so many shitcoins out there and people comign up with word salad that looks smart, if I'm a mod I'm not studying blockchain physics to understand if its correct or not, I'm protecting users from potentially getting scammed, but I can see it from both angles as well about free speech and trying to help people
No.322252
>>322246Nothing was converted. It was mined within minutes before anyone even heard of bitcoin.
It was utterly worthless at the time. Hence the infamous 25000 bitcoin pizza delivery.
The miner simply lost his decryption key and is cursing his life every night he goes to sleep. Even if they cashed out a tiny fraction of the original stash slowly over a year they'd have 10 billion us dollars in fiat.
No.322285
>>322246>The money was gone the instant it got converted in to crypto.de facto, Satoshi was mining it while it still was fresh, ehehe