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What do I think of Bitcoin

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    t00nces2's Avatar
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    I hope you all took advantage of the opportunity to pick up some cryptos back when they were cheap. I have had some for years and decided to lock some profits in and get something tangible. I cashed in enough to get me a new (used) truck. The old '01 Toyota is nearly 300K miles and I decided I could use and enjoy an upgrade to a bigger, more comfortable truck. Got a 2016 Nissan Frontier extended cab with 30K miles. Was able to pay cash with Bitcoin I had bought years ago with money I got from scrapping.


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    hills is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by t00nces2 View Post
    I hope you all took advantage of the opportunity to pick up some cryptos back when they were cheap. I have had some for years and decided to lock some profits in and get something tangible. I cashed in enough to get me a new (used) truck. The old '01 Toyota is nearly 300K miles and I decided I could use and enjoy an upgrade to a bigger, more comfortable truck. Got a 2016 Nissan Frontier extended cab with 30K miles. Was able to pay cash with Bitcoin I had bought years ago with money I got from scrapping.
    Whoo boy ... that's a heck of a score T. If my research was right ... bitcoin has gone from roughly 7,200.00 to over 52,000.00 in the last 18 months ?

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    kss is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by hills View Post
    Whoo boy ... that's a heck of a score T. If my research was right ... bitcoin has gone from roughly 7,200.00 to over 52,000.00 in the last 18 months ?

    March 12, 2020 - about $4800

    Right now - about $55,000

    So in the last 12 months, it has gone up quite a bit


    I was in all the right places at all the right times to invest a bunch in btc.... just never pulled the trigger, a great regret of my life.... but oh well, cant change the past, can only go forwards!

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    Last edited by ryanw; 07-26-2022 at 02:07 PM.

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    Quote Originally Posted by kss View Post
    March 12, 2020 - about $4800

    Right now - about $55,000

    So in the last 12 months, it has gone up quite a bit


    I was in all the right places at all the right times to invest a bunch in btc.... just never pulled the trigger, a great regret of my life.... but oh well, cant change the past, can only go forwards!
    Yeah right, moving forward it is still good to invest in btc. It is projected to reach 200k this year.

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    kss is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by wildliferacer View Post
    Yeah right, moving forward it is still good to invest in btc. It is projected to reach 200k this year.

    "They" have said that every year lol.

    but i do throw like $20/wk into it just incase

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    Quote Originally Posted by kss View Post
    "They" have said that every year lol.

    but i do throw like $20/wk into it just incase
    Depending on how long you have been doing that, you could be an incredibly wealthy man.

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    kss is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by t00nces2 View Post
    Depending on how long you have been doing that, you could be an incredibly wealthy man.

    Not nearly long enough lol.... Maybe... 1 year. I am not an incredibly wealthy man, its at about $2k at the moment

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    Quote Originally Posted by kss View Post
    "They" have said that every year lol.

    but i do throw like $20/wk into it just incase
    Don't worry dude, Bitcoin is like anything else; it's worth what people are willing to pay for it.

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