Quote from: serveria.com on February 28, 2025, 09:52:07 PM

Quote from: JayJuanGee on February 28, 2025, 08:00:25 AM

Does sound a wee bit whiny... especially since it seems to me that you must be doing something wrong if you are saying that you are more poor today as compared to 2017 (inflation adjusted or whatever..

Please re-read my post carefully, I compared current price with the previous cycle's top (2021 not 2017).

Quote from: JayJuanGee on February 28, 2025, 08:00:25 AM

and even going by your forum registration date, you just got here during the later portions of the 2017 run, to the extent that you might have had started to buy BTC in 2017, yet even if you did not blow your whole wadd in the peak of 2017, you would have had 2018, 2019 and 2020 to accumulate bitcoin.. Holy fucking shit, there would have been, and should have had been opportunities to stack some sats in the past nearly 8 years, even if you had front-loaded your BTC investment in BTC at some point in late 2017.

So for example, if you had invested $100 per week into bitcoin starting from your forum registration date, you would have had invested nearly $40k, and accumulated nearly 3 BTC. Yet you could have accumulated an additional 7 BTC or so, if you had been able to front load your investment into BTC with another $40k somewhere towards the beginning of the time that you came to the forum. So that could have had been 10 BTC with $80k invested (those are mindrust amounts of BTC) .. and surely would not be a bad place to be and even should have had put you better off today as compared to BTC, especially if you had been able to focus on BTC, even if your dollar availability amounts might have had been different than the amounts I outlined as a possible budget.

This is my second account on this forum, my original one got hacked. Most of my coins are from 2011.

I think that I sufficiently understood your earlier post, but now that you are saying that you started accumulating dee cornz in 2011, then I might have to consider the pathetic-ness of your whining from another angle. Perhaps?, perhaps? to the extent anyone, including yours truly, has time for that.

Let's say, even if we were to be talking past each other to such an extent that we are not understanding each other, then so what? We each made our points within a context that we considered to be valid, and I thought that you were whining too much, whether accounting for inflation or not, and perhaps we are also like two ships passing in the night? especially since I continue to believe that we are in quite a good position, and so far the maximum of this particular dip has gotten down to $78,197, which happens to be ONLY about 28.5% dip from the top. There is nothing to be sad about.. and yeah, sure I even have some fears that fractional bitcoin may well be taking place, yet those guys are taking BIG chances to be engaged in such behaviors and/or to be potentially messing up our scarcity, to the extent that our scarcity has already kicked in and continuing to have an effect on folks who might not have the coins they claim to have.

Quote from: vapourminer on February 28, 2025, 09:52:25 PM

Quote from: Biodom on February 28, 2025, 08:51:47 PM

Quote from: vapourminer on February 28, 2025, 08:41:52 PM

Quote from: WatChe on February 28, 2025, 05:27:56 PM

If you entry point was $10 then you must be a Bitcoin whale by now Wink

sure if i had never spent any. but the general rule the wife and i came up with was back in 2011 when mining 1/3 was to be for repayment of the mining card, 1/3 was to electric, and the last 1/3 was to be "saved."

however, i, like many other who mined cheap coins back in the day, sold a lot of those cheap coins back in the day,

so, whale? haha no. im more like plankton.

I joined later, but also recall times when spending 2-8 btc on something was just a regular purchase, like a miner or something similar. there never was a feeling of 'oh my g-d, I overspent'.
I wish that I never spent that btc, but all that spending helped btc to grow, imho.

yup i remember trading early cheap btc for custom power cables and adapters, oddball mining stuff and such. these adapters etc are now valued hundreds of thousands of dollars haha.

like many of us have "thousand dollar" towels. or "10 thousand dollar" table lamps from back in the day.

it was cool exploring this new "bitcoin" thing. i mean it. it was different back then.

Your wife had you well trained to make sure that you were not HODLing onto too many coins, to the extent that you had a joint management of the wealth situation. How much cornz we gonna cash out honey?

Quote from: vapourminer on February 28, 2025, 10:54:56 PM

Quote from: JayJuanGee on February 28, 2025, 09:49:05 PM

Quote from: WatChe on February 28, 2025, 05:27:56 PM

If you entry point was $10 then you must be a Bitcoin whale by now Wink

Quote from: vapourminer on February 28, 2025, 10:52:42 PM

sure if i had never spent any. but the general rule the wife and i came up with was back in 2011 when mining 1/3 was to be for repayment of the mining card, 1/3 was to electric, and the last 1/3 was to be "saved."

however, i, like many other who mined cheap coins back in the day, sold a lot of those cheap coins back in the day,

so, whale? haha no. im more like plankton.

Can you afford to pay a 30,000 sat bet on lightning network?

i could, but would do so only on chain and only to a legacy address.

lightning, while cool, isnt in my test set/comfort zone yet.

It seems that many of us need to be exploring various options to be able to transact with our bitcoin, and yeah, maybe there are several of us who ONLY cash out through exchanges, and that could become a problem to NOT seek out other ways of transacting with our coins.. .. which it also might get worse in 1-2 years if we are ONLY transacting on chain and ONLY on legacy addresses.

To me, it seems better to be trying to explore wallet options and transacting options, even though I am not going to proclaim to be any kind of an expert, that's for sure..