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Happy New Year and more important, good health to you and yours in 2021! Our Crypto Portfolio is currently worth over $1.25M. We're not planning to cash out to fiat so it's at risk every single day since bitcoin and cryptos trade 24/7/365 A breakdown of what it takes to get here and that as...

Whatever you say.

Seriously? We have all been posting so many news and threads for the past 3 years, even when we were getting ridiculed during the bear market. What's the fascination with /r buttcoin? That's a very toxic place for people who missed out on bitcoin and cryptos for many many years You and...

Yes, I have done so in several ways, the easiest is through Coinbase and $ ACH transfer to your bank account in 1-2 business days. Not financial advise: Imho and what I've done is to always hodl bitcoin and cryptos and only exchange $ amount that you need or want to use for a purpose. When...

I have been laughing very hard about BTC (and crypto digital assets) but they are very happy laughs. The bitcoin bear market years of 2018-2019 were difficult but found ways to pass the time. This has been a great Christmas season for us, financially, but at the same time, it has been a very...

This is great to read (from an ex-bitcoin miner)! Thanks for posting it. Honestly, if I can get free or next to free electricity as the OP mentioned, I'd setup a GPU mining rig (for altcoins) and get some passive income or to stack some sats. It's a fun hobby and keeps you abreast of technical...

Hi Bitcoin btc $29K

Bitcoin is a very complex system. It's got a lot of moving parts. It's a financial system that operates on decentralized, p2p, distributed, censorship resistant, immutable, trustless network utilizing cryptography. I am incapable of explaining. There are better resources out there. I don't even...

Anyone can get paid their salary in bitcoin. There are several services out there that do the paperwork, tax witholdings, etc. https://strike.zaphq.io/ https://www.bloomberg.com/news/articles/2020-12-29/panthers-okung-becomes-first-nfl-player-to-be-paid-in-bitcoin

I used to be a bitcoin miner, it produces a lot of heat, lol. I also mined other coins. I was mining a while ago, though, back in 2014 all the way to 2015. Are you going to mine bitcoin? It's very competitive. You can also mine other coins and exchange for bitcoin, depends on which one will...

I purchased about a thousand $ worth of stuff at NewEgg in 2017 using bitcoin. It looks like they still accept it. https://promotions.newegg.com/nepro/16-6277/index.html When paying in-person using bitcoin, just be aware of the info that you're disclosing to the merchant. I used to carry 0.5...

Gotta hodl long term and not worry much about short term price moves.

No worries, man. I do not see bitcoin as a payment asset. I see it as a digital investment asset, with a bonus feature of being able to use it as a payment method if I want to (my choice). Paul Tudor Jones, Russel Okung, Stanley Druckenmiller, Fidelity, Guggenheim, JP Morgan, Citibank...

Oh, don't feel bad, bro :D That miner was earning bitcoins, about 0.08 btc per day. Roi was about 21 to 23 days (but with electricity costs, about 30 days). The thing you had to make sure was to account for difficulty increasing every 10 days! That miner earned way, way more than 1.9 btc...

Unless you believed in the bitcoin ideologies, mining that early would have guaranteed that you'd have sold them when bitcoin hit parity ($1) or at $10, or you'd have to be very lucky to have not sold when it hit $100 and stalled there for months and even went down, first quarter of 2013. Now...

It would have been nice if he negotiated the salary in bitcoin amount last year... Anyway, there's a lot of administrative savings by being paid directly in bitcoin. Sure, it's easy to say get paid in USD and convert himself and for $20K or $50K, no big deal, but $6.5M worth of bitcoins, that's...

If it was not obvious through my posts, we were poor before we invested in cryptos. Not poverty poor, does have a job in IT that pays well, but car loans, 10's of thousands in CC debts, maybe typical in the US, but we had struggles, you know the type, emergency funds, living paycheck to...

Thanks, I appreciate that and wish you the best in your trading

Thanks for calling me out by name, Nobert :D Listen, I have nothing against the stock market, even though it's been rigged for a long time by the Fed, que sera sera, we're here to make profits. I used to trade stock options and etf options (spy, iwm, qqq) lost some $, made some $, and I think...

Have you not learned anything? Dips are for buying during a bull market. Did you BTFD?