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BDTH

Platinum Premium Member
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About BDTH

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    UK
  • Stacker/Collector
    Stacker

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  1. Just remembered I have a small (few £100) stake in https://thesunexchange.com/ You buy (or lease not 100% sure) solar panels in South Africa, get a cut of profit from electricity sold, and can take that profit in BTC Not really worth it in my opinion, I don’t regret it, but DCA same amount over same period would have given much more BTC at the moment you cannot sell the panels on, you just get a few £ worth of BTC/sats every month had these for a few years
  2. Its payday, smash bought bitcoin with some useless fiat. Next month? same again
  3. wow, great call to sell rigs! https://podcasts.apple.com/gb/podcast/the-bitcoin-standard-podcast/id1403202032?i=1000586816843 discussed in latest Bitcoin Standard Podcast. Saifedean does some calcs on how cheap electricity needs to be to avoid getting rekt as a miner, concludes that mining bitcoin (or gold) is a terrible gamble compared to DCA/HODL with same $, unless you have nearly free energy he may or may not be right but I found it very interesting. This much older one on economics of energy was also good from memory, might have to give it another listen… https://podcasts.apple.com/gb/podcast/the-bitcoin-standard-podcast/id1403202032?i=1000533524065 Saifedean, and others have been discussing money as being interchangeable with energy for some time Also interesting to me is fact that Elon Musk in recent townhall talked about adding peer-to-peer payments to twitter. He has previously described money as simply being information/data
  4. yawn, as heard in 2012, 2013, 2014, 2018… ready to go back in the cupboard to be dusted off again in the next cycle I remember not buying bitcoin at £50 because it was “too volatile”. fortunately I have learned a hell of a lot since then, I would’ve have almost certainly sold it for £100 and felt smug for a little while, or lost my private keys I was lucky enough to know a guy who mined 3BTC on his laptop only to have them stolen as he didn’t secure his private keys, made me learn self-custody another guy I know purchased 20BTC at a few £ each to pay for a dodgy film he and his wife watched, he is philosophical about it I am still learning a hell of a lot about bitcoin almost every day stay humble, stack sats
  5. A Bitcoin advert in The Wall Street Journal. I disagree with “So yes, you can trust bitcoin. But the truth is you shouldn’t have to”. I don’t think anyone should trust bitcoin, or code, or anybody, in anything of any great importance, as a rule It could be a scam, it could be fake, it might go to zero The responsibility is on the individual to do their own due diligence, or not as they choose. It is “not advisable” to go “all-in” on anything, but some do. Their choice, their responsibility, their risk, potentially their reward
  6. My opinion: do not buy bitcoin because of what somebody else says if you think bitcoin is a scam, a ponzi scheme, a psy-op, or whatever, because somebody said so, then you might be missing an opportunity I think you really have to do your own homework if you want to make an informed decision one way or the other don’t trust, verify
  7. I respectfully disagree. The UK National Grid has some very useful sections operating at 400,000,000V. My iphone requires 5V to charge. yes it is an analogy and can be picked apart, but the fact that there are several layers, at various voltages, is to me a useful way to understand that a multi-layered payment network is not necessarily “nuts”
  8. maybe re-read the section before the clown emoji before insinuating any gloating at others misfortune. As someone said recently “this is a teachable moment”. If people’s misfortune leads to a better understanding, maybe that's the silver lining in the completely avoidable FTX fiasco
  9. 99.99% of “crypto” coins are just “blockchain” fiat on steroids. Any “coin” with a CEO is an unregistered security, and the SEC might just start taking an interest after Scam Bankrupt Fraud’s FTX fiasco, that syphoned $100,000,000s to Democrats, who syphoned $Bs to Ukraine, who invested in FTX 🤡. If you are looking for the next pump and dump sh!tcoin to get rich quick, good luck!
  10. Ive been buying bitcoin since late 2017. Was told I’d missed the boat then. Don’t think so. Still early doors. My Bitcoin holdings are in single figures but increasing weekly. Might change that to daily. Genuinely hope price crashes hard in next few weeks as I am lining up 4 figures of useless fiat for a smash buy each to their own!
  11. If anyone has any bitcoins please sell them at any price. dump, dump, dump. Sell, sell, sell I will continue to buy bitcoin at any price, high or low. But I really like low, so sell, sell, sell if you no-coiners have any (I doubt it lol) 🤡
  12. Totally up to you of course, however nobody has lost on bitcoin who has held for at least 5 years. I started buying in 2017 at my time horizon for bitcoin is at least 10 years + At one point I had several hundred oz of physical silver, which I never intended to take delivery of (had a vague plan to hold in vault and sell back to dealer at a later date), however dealer told me I had to take delivery at short notice, and I did find it a pain to liquidate, although I did ok out of it Bitcoin has many advantages over precious metal, but I can only suggest you do your own homework and make your own mind up My advice is, don't take my advice, or anyone else's 🤪
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