Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Quote from: xhomerx10 on Today at 01:46:51 PM

I wonder, why don't you get a badge as the "best hat-maker artist" in this forum....your art is amazing

Quote from: Torque on Today at 03:00:47 PM

Norwegian Oil Billionaire Joins the Bets on Bitcoin
https://www.bloomberg.com/news/articles/2021-03-08/billionaire-rokke-bets-bitcoin-will-be-on-right-side-of-history?srnd=premium-europe&sref=6uww027M

good news, one by one old-school investor turn to future investment.

Quote from: DeathAngel on Today at 03:28:22 PM

1BTC purchasing power!

"1BTC purchasing power!" in 2021 ^{(I believe)}

https://www.caranddriver.com/lamborghini ^{(maybe the price in each country is different)}

Quote from: BobLawblaw on Today at 05:29:06 PM

Quote from: psycodad on Today at 03:40:38 PM

People always said that buying is better than mining (and they have been right almost all of the time), but where's the fun in just buying?

When you're an ex-miner, recognize how unprofitable and a pain in the balls it is to run a mining operation, end up doing the math on a miner + electricity + Time to ROI... fuck the fun.

Time is money. Cheaper to buy what you would spend on a miner now, than what it would likely generate 18 months from now, IMO.

Unless you have cheap or free electricity, I don't see the benefit of mining right now vs just buying corn outright.

I saw on YouTube there is a miner who spent money to buy mining equipment for around $7k but only made $2 - $4/day ^{(outside the cost of electricity, internet, and maintenance)}. I'm not saying mining is bad, but if only that person only bought Bitcoin and HODL, maybe he wouldn't waste time and would definitely have multiple profits when compared to his income from mining.