Quote from: S3052 on September 16, 2014, 08:49:57 PM

Quote from: Odalv on September 16, 2014, 08:43:15 PM

Quote from: S3052 on September 16, 2014, 08:35:26 PM

Quote from: CoinBurner on September 16, 2014, 06:47:03 PM

Quote from: FNG on September 16, 2014, 12:55:22 PM

Quote from: S3052 on September 16, 2014, 10:18:17 AM

But yes, I have outperformed buy and hold with bitcoin by orders of magnitude :-) and this led to a very sizable absolute gain. This is now re-invested into other areas.

So you've experienced a +1,000,000x return but you're not rich?

You should be on the Forbes list

indeed... "by orders of magnitude" = at least 100x better than B&H Roll Eyes

so let's say OP just bought 100$ worth of BTC in 2010, that's about 1000BTC at ~0.1$ each
100 * 1000 BTC * 1200 $/BTC = 120 million $ ... yeah that's not rich at all... just moderately wealthy Grin

correction. not orders of magnitudes, but 1.5-2x better than B&H. And also recognize that there were hacks and losses due to MtGox and bitcoinica going down.

1.5 * 1 000 BTC * $1 200 USD/BTC = 1 800 000 USD -> "We are talking a couple (1,800) of thousands here"

What are you trying to prove here? As I mentioned, when BTC were worth much less, I donated a lot to good projects and lost some during hacks and exchange closures. This is why the real numbers are nowhere near your numbers and I need to work hard everyday.

OK, you donated a lot to good projects and lost some during hacks and exchange closures. What about BUY AND HOLD (in paper wallet), did you OUTPERFORM this strategy ? Did you even make 1% compared to B&H ?