Post
Topic
Board Speculation
Re: I'm All In - Sold My House!
by
NorrisK
on 18/02/2016, 20:52:57 UTC
It's been two years. i wonder if the one who posted this still holds those bitcoins? If he does, then he should wait a little longer. If he doesn't, then he probably sold at a price in which he lose most of the sale from his house.

He posted a status update in December 2015. Should still be fairly accurate!

Well, well, well... I am back for an update.

Originally (in Post #1) sold my house for approximately $400,000 Canadian, and got approximately 648 BTC in the transaction. BTC is currently at approximately $450 US each. This makes my investment worth $291,600 in U.S. Dollars. Now also note that the Canadian Dollar has tanked really hard in the last year and is now at a 12 year low, around .72c US. That makes my Bitcoin currently worth $405,000 Canadian!. I am currently up on my initial investment! I did weather the storm when it sat at $200 for a long time (and crapped my pants from time to time and did a lot of drinking), but now my time has come. For all those that laughed, we will see who is laughing in 2016!

HODL!

Happy Holidays and Happy New Year,

Tay More

Looks like he is still holding even when the value of the bitcoins dropped by more than 50% in that time. He got lucky with the value of the canadian dollar though, but as he has not sold it doesn't really matter.

It takes some balls to see 200k evaporate like that and stil stick with your plan. Hope it works out well for him.