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Re: Forum Time Machine - Mining bitcoin with Pentium processor
by
theymos
on 17/02/2022, 18:02:54 UTC
⭐ Merited by dkbit98 (3) ,EFS (2) ,LoyceV (2) ,FatFork (1)
I think we can all agree that nobody should trust your Bitcoin price predictions  Cheesy
btw what happened with that Pentium processor? Is it collecting dust in you old basement or you sold that as well?

I have a history of being long-term bullish but short-term bearish. I guess my outlook on the world is optimistic, but very cautiously optimistic. Even though I was selling at $0.003, I believed at the same time that BTC would almost certainly go above $1 at some point, and could get into the hundreds. (This was insanely bullish at the time.) I just thought that the price had gotten ahead of its proper trajectory, considering how cheap it was to produce BTC.

I probably still have the CPU somewhere. Taken out of context, my 2010 post makes it sound like I barely had any idea of what a CPU was since I just used the over-broad "Pentium" label, but in fact this was a gaming machine I'd built around 2008, and I chose the specific CPU carefully. It was far from the best CPU available in 2010, but it was probably in the top 5% of retail-oriented CPUs.