Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Looking at this from the reverse view, I remember a young guy posted here a long time ago that he had sold a house he had inherited from his father and bought bitcoin with all the proceeds. I think the BTC price might have been $300 at the time. I often wonder if he held on long term to his coins. Which would now buy him an entire street of 100 houses or more.
At the time many here were saying he was crazy to risk all of his fathers lifetimes work, while others - who had a good inkling of where the coin was heading - applauded and encouraged the young guy.
I have been around a minute. My guess is the majority of early holders have sold. Quite a few I'd say. A few of them went on to make a killing in ETH and other emergent alts. MANY of them lost most of their stack with alts. An elite few (some of them here) went on to bolster their stack via trading, but most traders lost, of course. And some, a minority in my humble opinion, have held through into the years. I am proud to be among those, though what I DID NOT do is ever buy enough lol. Duh.
Some proudhons.. erm, I mean people, did sell a lot, but had so much they were still in pretty good shape. I think that probably a majority of the "winners" are in this category.
I remember Laszlo posting a picture of a couple pizzas he bought on Pizza day what was is... 17? 18? I am not sure... But the fun part is look at his house in the background... looks new. Looks like it's pretty fancy.
